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Topic: Bitcoin dips again? - page 3. (Read 537 times)

newbie
Activity: 224
Merit: 0
June 09, 2018, 11:06:31 AM
#33
What's the FUD behind the dips again?


Bitcoin is volatile in the market, that can't be helped. For me it is not a shocking news if bitcoin is falling.
There are many factors that can makes bitcoin price down, one of them is market correction. It is due the hype on last year.
hero member
Activity: 1218
Merit: 557
June 09, 2018, 08:35:39 AM
#32
many people are spreading FUDs just to buy bitcoin at a lower price.

The price is not going to fall so all those who are siting tight in anticipation of a fall will end up losing a huge money making opportunity as the price will begin its bull run soon and it will cross 10k and thus for those the price would be high to buy later.
newbie
Activity: 118
Merit: 0
June 09, 2018, 08:34:12 AM
#31
many people are spreading FUDs just to buy bitcoin at a lower price.
legendary
Activity: 1442
Merit: 1008
March 15, 2018, 01:40:53 PM
#30
There weren't any recent FUD about bitcoin or crypto for that matter. The way I see it, traders only closed position while the massive dumping by the Mt. Gox trustee halted. Heck, most of the Japanese traders right now are confident that there would be a push on the price given that the selling pressure is alleviated--at least for now. The drop from $9000 is probably the trigger as to why the price fell hard, knowing that there are still some people who are afraid that this is the end of bitcoin's dear life and also the end of their money and careers as traders.
Yeah those people who has less faith on how Bitcoin journey might won't last forever and stopped the euphoria in the near future that causing this chaos, a continuous drop , the support can't handle it anymore and we've broke the $8,000 line almost heading to $6,000 . Luckily looks like we are ready to back up now. Passed $8,000 and moving forward to build another weak resistance at $10,000 seems wouldn't be hard anymore , just the matter how long we would survive later.
newbie
Activity: 96
Merit: 0
March 15, 2018, 12:51:39 PM
#29
Remember this saying "what goes up must come down?". It happens in the cryptosphere too. Dips are normal in the cryptospace. It doesn't necessarily mean that there has to be a FUD before Bitcoin dips. The market is all about greens and reds trying to balance themselves out. Don't be alarmed. Just enjoy the ride.
sr. member
Activity: 1512
Merit: 316
March 15, 2018, 08:23:57 AM
#28
What's the FUD behind the dips again?

I think a big role was played by countries that are constantly trying to ban bitcoin and cryptocurrencies. People start to panic, selling the crypto from which the price falls. If people were less prone to panic, we would not see such a drop in the price of bitcoin.

It is one of the major factor that is being felt by those countries citizens that their country might banned this so they want to stay away from this till government actually get it legalized or bring some sort of framework where they would not be harassed on purchase of this virtual currency.

jr. member
Activity: 462
Merit: 1
March 15, 2018, 08:22:05 AM
#27
What's the FUD behind the dips again?

I think a big role was played by countries that are constantly trying to ban bitcoin and cryptocurrencies. People start to panic, selling the crypto from which the price falls. If people were less prone to panic, we would not see such a drop in the price of bitcoin.
hero member
Activity: 1470
Merit: 655
March 15, 2018, 08:02:32 AM
#26
What's the FUD behind the dips again?

it is again about some arbitrary and completely irrelevant bans. biggest on is related to Google banning crypto and ICO related ads!....

but in the end this drop like any other drop is 20% FUD and 80% whales dumping on the market to create panic and push the price down so they can become even bigger whales!
full member
Activity: 658
Merit: 101
March 15, 2018, 07:59:08 AM
#25
down the price is a common thing, I think from the panic sell bitcoin, better buy now because the price is very low, do not delay the price drop is only temporary
yes many people selling their coin cause mt gox selling their coins. Lately this been talked so much that this person make the market unstable. But i do believe its not the only reasons behind this dips, many people are too afraid and selling their coins which is makes the market more severe.
newbie
Activity: 14
Merit: 0
March 15, 2018, 07:53:46 AM
#24
Remember that you can make money on the way down as well as the way up. Sell as the price falls...buy back the same level of holding and pocket the difference as profit.  Smiley
The difficulty is of course avoiding the bottom. Not investment advice....just showing that falling price isn't always bad news.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
March 15, 2018, 07:46:24 AM
#23
There weren't any recent FUD about bitcoin or crypto for that matter. The way I see it, traders only closed position while the massive dumping by the Mt. Gox trustee halted. Heck, most of the Japanese traders right now are confident that there would be a push on the price given that the selling pressure is alleviated--at least for now. The drop from $9000 is probably the trigger as to why the price fell hard, knowing that there are still some people who are afraid that this is the end of bitcoin's dear life and also the end of their money and careers as traders.
full member
Activity: 350
Merit: 100
March 15, 2018, 07:37:25 AM
#22
What's the FUD behind the dips again?

The consistent dip in the price of bitcoins has actually cause fear and panic in many investors and traders. They are therefore forced to sell their BTC at a lower rate just to avoid dip in price of bitcoin. This is mainly due to google ban on cryptocurency ads, MtGox selling 700m worth of bitcoins in an open market and ban of bitcoin in certain economies
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
March 15, 2018, 07:23:13 AM
#21
What's the FUD behind the dips again?

Mt. Gox recently sell the 6000 BTC in one shot this is the main issue in crypto market so we should wait for one more week it will recover again. Because many peoples are panic in current situation so don't worry about this price fluctuation. These kind of dips are temporary issues If you believe this coin it will make more in future.
full member
Activity: 322
Merit: 141
March 15, 2018, 07:13:48 AM
#20
I am a little bit weary of this decline. I know that the market will rise up again and will rise up hard. However, as a human nature usually is, I am largely impatient. Any experienced trades here who could tell us - when? Smiley
full member
Activity: 753
Merit: 100
March 15, 2018, 07:10:46 AM
#19
It is difficult to say what is the reason for the decrease in the price of bitcoin and other crypto-currencies, for today. Some attribute this to the fact that Google will prohibit advertising related to crypto-currencies, but I do not think that's just because of this. I believe that the market will recover in the near future.
newbie
Activity: 151
Merit: 0
March 15, 2018, 07:04:34 AM
#18
There are lots of investors that is very afraid of losing monry that is why they decided to just take their money for the mean time. They are try to tap the market first if it is now okay to buy.
Though investors like that may not get totally rich if they are guided with fear.
We must equip ourselves with the knowledge in cryptocurrency.
sr. member
Activity: 1526
Merit: 420
March 15, 2018, 07:04:08 AM
#17
What's the FUD behind the dips again?

The reason behind the dips are alot of badnews published and some of investors lose confidence that will trigger sell-offs, whales also are taking their profits can also be a factor. For some this is the best opportunity to go shopping in the crypto market after all these maybe we expect a bull run soon, so sit back and relax.
jr. member
Activity: 328
Merit: 2
March 15, 2018, 07:02:19 AM
#16
         No need to worry about bitcoin drop,it is normal nature of market. Specially in crypto market price are so volatile and we even can't predict when it drop and rise again and how much is the difference when it goes down and how much if it increase.Just hold on and don't panic selling at this moment.
member
Activity: 454
Merit: 13
March 15, 2018, 06:55:13 AM
#15
down the price is a common thing, I think from the panic sell bitcoin, better buy now because the price is very low, do not delay the price drop is only temporary
Indeed, Bitcoin has fallen a lot, but I will not be impulsive to buy one at a time. I will gradually increase my position. Now I have already bought a quarter of my position.


This is the best strategy at the moment. You need to keep in mind all the possible options.

It is possible that the bitcoin price will spike later on today as there is some good news in the media.
newbie
Activity: 155
Merit: 0
March 15, 2018, 06:53:57 AM
#14
Sometimes FUDs can cause a dip, sometimes misinformation and also sometimes it is just the market being a normal market. People always want to find a reason for the dips, sometimes there are legitimate reasons but other times, it's just the market being a market
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