Topic: Be Prepared for the big dump. - page 9. (Read 2050 times)
Yes，you are right, what you predicted yesterday has happened. BTC took the lead in this big dump, and all of the other coins follow it. But the different is, BTC back to around $40k soon, most of the other coins are still bleeding red.
The big dump for btc is now, but not all coin is affected by the price of Bitcoin, you should center the big dump around Bitcoin. You should also know that the dump can be stopped if a positive news surrounding Bitcoin should surface
Not all but almost all. Matic can still perform a green candle even when the market is very bearish at this moment dude. i do believe if we will see another recovery to come very soon. The problem is we didn't know about when the good news will be rolling out and the boomerang can come anytime when another bearish news came to make the market even worst than before.
Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..
what do you think?
To start with, the idea of a position being "overbought" is misleading. Any trader who believes that will always be caught on the wrong side of the trend. Haven't you seen situations where the RSI shows the supposed overbought sign, hitting the upper line and continued for days on the Daily TF, yet didn't head down? I bet you a lot of traders would be losing money following that signal and believing there is a hogwash like overbought and oversold situations.what do you think?
BTW, the bullish candle you described happened in March, not even in April (which was last month). In April there was a drag between buyers and sellers, ending the candle almost in a Doji. That's the view I have on my Tabtrader.
Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..
what do you think?
Why instead of asking us to check the market, why not put here the graph? if you are really willing to share and save people then best to leave the thread with complete details.what do you think?
Where is that candle pointing and when will this happen?
Lol ETH with 34% decrease in price?
https://coinmarketcap.com/currencies/ethereum/\
how come that this is not depending in bitcoin price?
The big dump for btc is now, but not all coin is affected by the price of Bitcoin
Would you care to give few examples? For now I see 30-40% price drops on almost all alts. ETH has shown less dependence on BTC price but even that is only to some extent.
The big dump for btc is now, but not all coin is affected by the price of Bitcoin, you should center the big dump around Bitcoin. You should also know that the dump can be stopped if a positive news surrounding Bitcoin should surface
Yeah the market drastically fall like. I think the reason is accordingly to what you have said the monthly history of Bitcoin chart. All are red and no exceptions from the top coins to shitcoins. How I wish I have usdt now so I can buy at this momentum where all potential are in low position. Buy low and sell high. Invest at our own risk.
In the previous three-four months market has grown but now due to some news and panic sales or some investors out from particular share market is going in dump. We should be ready for big dump. Convert all coins to usdt and ready to buy in hard dump situation. In crypto market it is very difficult to know high or low point of coins.
The market has experienced a substantial drop in value. I really do hope that this is not the beginning of the bear market. The market correction this time is the scariest I have experience. The coin market cap has lost over 300 billion dollars the last time I checked. But selling out of fear isn't the best.
It’s happening now so we have no more choice but to adjust our plan according to the market trend. We might not end the year on bull but hopefully the market will not dump that much. $30k will be the strongest support for now, if we failed to hold into this level then we might see Bitcoin below $20k again, and that’s a doomsday for altcoins as well.
I guess this is the biggest dump in this current bull-run. If you are late on cutting your losses, don't be swayed by your paper loss, nobody knows if the market will bouce back after this massive correction. As long as you are not selling your losses are not realized yet. Some are taking advantage of this dips since most major coins had dropped up to 20% or more. Create a plan and expect that the market will never be always green.
Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..
what do you think?
what do you think?
I am always waiting for this, bitcoin has entered a bearish trend. the price of all the coins was already very high and today it all happened the price was dropping fast. I hope the price of bitcoin can go down again, seeing the Chinese news that prohibits the use of cryptocurrency in its country. it's time to get ready to buy bitcoin and altcoin at the cheapest price
If these decreases continue, it means that the bear season has come. and the best thing to do in the bear season is to collect coins from the bottom. This is the best thing to do to be able to buy from the bottom and sell from high as everyone wants. Instead of withdrawing from the market due to the declines and being offended by the market, your goal should be to invest at the lowest prices and make good profits when a bull season comes again, to compensate for your losses.
They can invest if they have sold their holdings while the price was higher but if they didn't and continue to hold, they may have less money to buy the tokens they have. But its a good thing to do to buy if they have the money. Saylor did it despite the crashing market. It hasn't gone to the very low though so I guess we are just experiencing the dip for it to bounce back up again because where else will the investors go to buy an investment but in crypto once again.
If these decreases continue, it means that the bear season has come. and the best thing to do in the bear season is to collect coins from the bottom. This is the best thing to do to be able to buy from the bottom and sell from high as everyone wants. Instead of withdrawing from the market due to the declines and being offended by the market, your goal should be to invest at the lowest prices and make good profits when a bull season comes again, to compensate for your losses.
what do you think?
I do agree with your statement dude. The market is not getting any dump before and it looks like the dump already happened but it will not so big as you said that. it will not go even further. The possible thing for bitcoin to reach 30k as the bottom price but it looks like it's bouncing back again despite the fact so much bad news has come to the bitcoin but bitcoin can still defend its position. It looks like we have reached the lowest point
It is likely that we are heading back again to $40k, in fact, the price is now at $39,000 plus. We mostly thought that it was the beginning of the bloodbath but somehow the market just then recover after it drops to $32k. If this recovery will continue, then we got think that the people now show such an impressive market trust that they never got into panicking but still hold and still optimistic despite the dump speculations.
It’s inevitable, the big dump already occur if another bad news will pop out it could go deeper. I still believe its not the end of bull market, this correction might be necessary for another bigger leap in prices. If you believe in fundamentals and aim for longterm this dip is nothing.
It is already a big dump. With the decreased price until more than -40% for almost all crypto, it can be said as a sign of a bearish market. However, we can watcha and see whether the decrease will continue or stop and jump like a bubble.
So far, we can see how the price is ongoing, most statistic shows that the big dump has happened this day and it is likely very surprising because BTC itself touched $30konly. However, the recovery of the market price seems so fast, proven with the increase and price of BTC itself right now at $39,039.28.
Many people feel depressed with this big dump happened and many panics sell so that make the market worse and worse.
Well, hopefully, this is only a shock therapy of the market dump to get another high jump, not the beginning of bearish time.
So far, we can see how the price is ongoing, most statistic shows that the big dump has happened this day and it is likely very surprising because BTC itself touched $30konly. However, the recovery of the market price seems so fast, proven with the increase and price of BTC itself right now at $39,039.28.
Many people feel depressed with this big dump happened and many panics sell so that make the market worse and worse.
Well, hopefully, this is only a shock therapy of the market dump to get another high jump, not the beginning of bearish time.
We are too late to be ready for the big garbage dump because it has already turned into a garbage dump. Unfortunately, the return to this garbage was very fast. However, if we can make the best use of the bear season, then we will have the opportunity to make good gains in the sharp rises to be experienced. Now, instead of getting upset, we should start looking for valuable items in the dump. The big spikes behind these sharp drops have a very positive effect on both bicoin and altcoins.
It is true that now we have to be prepared and alert for the big dump. we can see in the crypto market that currently crypto is down and this makes a lot of people panic. keep calm and don't panic sell so that the market doesn't get cloudy and we don't get a loss. we know that this has happened several times and we must be able to follow suit. don't rush into decisions that end up hurting us
For those that are new in this market, for sure, they are already in panic mode. But if you think, you can hold off, better not to follow those who are selling their stash at a loss. This dump is not forever, at some point, we will see green light again. And once it recovers, you can sell your portfolio if you feel you can't bear this kind of roller-coaster emotional ride.
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