Bitcoin Dump - The Worst Thing - page 5.

KnightElite

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Quote from: Yamifoud on December 04, 2019, 01:10:04 AM

Quote from: onrise on December 04, 2019, 12:35:04 AM

Quote from: Aying on December 03, 2019, 08:23:37 AM

Quote from: sovie on December 02, 2019, 05:50:20 AM

This holds true other way around also, when BTC goes up the price of altcoins also goes up. Right now BTC is going down and so are altcoins. For many its a frustrating situation but I take it as a buying opportunity. Smart investors are not panicking at all rather they are silently buying crypto of there choices. Make a smart move now before it gets too late.

For the current situation, it is good. there are a lot of wise investors that didn't make any missed the trend. they know how bitcoin actually move and bitcoins downfall they already sell and now they are buying at deep and still reading the market. be wise enough and don't let your guard down to observe the trend of btc.

It is good for the people who want to make money and know the potential of bitcoin and dump actually helps people to buy it at lower price and make money easily when the btc rises . This year has being again the roller coaster ride for btc .

We've been actually riding a roller coaster since from the very beginning and isn't surprising anymore to see price fluctuations all the time.
We have to keep in mind that all the changes we are experiencing today aren't just because of market manipulation, we are in the status that the market demand isn't strong enough to drive the market goes up. I'd never felt that there is a need to be panic, the same thing to sell our coins today cause there is a big chance that we will be turning back again to the bullish once halving is done next year.
I know most of us here are too disparate to see the market don't even move high instead of falling down. But we have nothing to blame for this cause that is exactly how the crypto market meant to be.

The price of the bitcoin compared to a roller coaster because it has a swing low and swing high and also parabolic moves. There is no straight path in a roller coaster and it is like the price of the bitcoin that are always swinging. Right now the price is continuing to go down because of the bear market but we should not worry to much because it will go up soon.

Sadlife

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People bought altcoins because they're much cheaper compared to bitcoin that's why whenever bitcoin price fluctuates all the other coin also falls. Some of the trader take this as a chance to accumulate more bitcoin. This show how popular bitcoin is for traders and investors but i also see some potential downside to this, what if bitcoin someday goes extinct we all know how limited bitcoin supply is. How would the crypto market would react ?

DevilSlayer

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That's not the worst part, you can avoid that dump. You know what is the worst part? It is the poor risks management of most of the traders. They can easily avoid the dump of the bitcoin if they know how to cut loss. Cut loss can minimize their losses and beforr you buy a coins you should know when is the right time to cut it.

samuraijin

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yes the price of bitcoin is still above $ 7000 and there still hasn't dared to go above $ 8000 as many people expect it at the end of the year, but if in my view altcoin always follows the price of bitcoin, usually like that in BTC pairs every altcoin will go up when BTC / USD is down, but this goes on irregularly, just waiting for the market to completely recover

Yamifoud

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Quote from: onrise on December 04, 2019, 12:35:04 AM

Quote from: Aying on December 03, 2019, 08:23:37 AM

Quote from: sovie on December 02, 2019, 05:50:20 AM

This holds true other way around also, when BTC goes up the price of altcoins also goes up. Right now BTC is going down and so are altcoins. For many its a frustrating situation but I take it as a buying opportunity. Smart investors are not panicking at all rather they are silently buying crypto of there choices. Make a smart move now before it gets too late.

For the current situation, it is good. there are a lot of wise investors that didn't make any missed the trend. they know how bitcoin actually move and bitcoins downfall they already sell and now they are buying at deep and still reading the market. be wise enough and don't let your guard down to observe the trend of btc.

It is good for the people who want to make money and know the potential of bitcoin and dump actually helps people to buy it at lower price and make money easily when the btc rises . This year has being again the roller coaster ride for btc .

We've been actually riding a roller coaster since from the very beginning and isn't surprising anymore to see price fluctuations all the time.
We have to keep in mind that all the changes we are experiencing today aren't just because of market manipulation, we are in the status that the market demand isn't strong enough to drive the market goes up. I'd never felt that there is a need to be panic, the same thing to sell our coins today cause there is a big chance that we will be turning back again to the bullish once halving is done next year.
I know most of us here are too disparate to see the market don't even move high instead of falling down. But we have nothing to blame for this cause that is exactly how the crypto market meant to be.

onrise

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Quote from: Aying on December 03, 2019, 08:23:37 AM

Quote from: sovie on December 02, 2019, 05:50:20 AM

This holds true other way around also, when BTC goes up the price of altcoins also goes up. Right now BTC is going down and so are altcoins. For many its a frustrating situation but I take it as a buying opportunity. Smart investors are not panicking at all rather they are silently buying crypto of there choices. Make a smart move now before it gets too late.

For the current situation, it is good. there are a lot of wise investors that didn't make any missed the trend. they know how bitcoin actually move and bitcoins downfall they already sell and now they are buying at deep and still reading the market. be wise enough and don't let your guard down to observe the trend of btc.

It is good for the people who want to make money and know the potential of bitcoin and dump actually helps people to buy it at lower price and make money easily when the btc rises . This year has being again the roller coaster ride for btc .

Hypnosis00

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Have we gone too far from the DUMP? I don't know why people keep looking on the downside rather than staying positive and conquer our fear. For this fall have reason and that may an opportunity for the others to start investing crypto. It soon comes up and be in the bullish again, we need to be patient and stay calm for not all the time are in the upside but also we experience down sometimes which we have to understand.

Malamok101

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As usual if bitcoin dump it is the worst thing ever you will gonna meet somehow it can possible affect those traders by holding bitcoin in a for long time.

Aikidoka

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Quote from: yangongear on December 03, 2019, 11:04:14 AM

That is the essential in this market. Because most altcoins have a pair trading with BTC, with the BTC dominance is still quite high (~ 70%), so that the whole market depends on the volatility of BTC. In the future, when stablecoins are higher and altcoins are paired with stablecoins, perhaps that situation will not happen again.

Exactly, I mean the most of altcoins depends usually on the volatility of bitcoin over the years. As you said, bitcoin is dominating the crypto market with a high percent estimated at 70%. I hope that bitcoin's price will increase in the next few months, so we'll see a huge increase even in the other cryptocurrencies.

Golftech

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Quote from: icekohl on December 03, 2019, 10:40:46 AM

Quote from: DashingAgent on November 29, 2019, 06:50:22 AM

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

Bitcoin dump is an opportunity for me to earn money by margin trading. In the last 2 years, the fact is that we have very few opportunities to profit from regular trading and take a lot of risk if the token price drops sharply. So why not take advantage of this bear market to make money by short BTC and other altcoins?

It's possible once you already gain the right knowledge to use incorporating every ideas that you learned to the best outcome that you need. Scalping might be too risky in such a manner that only risky traders can manage to take. To those who can't afford losing in the short period of time needs to continue holding and wait for the bounce to happen. The chance is slim and the percentage of profits is small but good enough if you executed correctly.

star7dust

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I guess this is just how the market works. A perk is that it makes the altcoins more predictable this way haha

yangongear

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That is the essential in this market. Because most altcoins have a pair trading with BTC, with the BTC dominance is still quite high (~ 70%), so that the whole market depends on the volatility of BTC. In the future, when stablecoins are higher and altcoins are paired with stablecoins, perhaps that situation will not happen again.

icekohl

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Quote from: DashingAgent on November 29, 2019, 06:50:22 AM

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

Bitcoin dump is an opportunity for me to earn money by margin trading. In the last 2 years, the fact is that we have very few opportunities to profit from regular trading and take a lot of risk if the token price drops sharply. So why not take advantage of this bear market to make money by short BTC and other altcoins?

Taskford

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Quote from: Landak on December 03, 2019, 08:43:31 AM

Quote from: DashingAgent on November 29, 2019, 06:50:22 AM

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

will realize when all the coins that are held over time are losing their value. basically Alts is just an alternative to bitcoin and will definitely follow the influence of bitcoin. the only way to get profit even in the worst conditions like this is to do daily trading.

My friends and I do a leverage tradings with bitcoins and I can say that the profit is quit good unlike if we hold for long since chances to lose in the market situation like this is so high.

Quote from: supercanada1 on December 03, 2019, 10:04:36 AM

Quote from: crwth on December 01, 2019, 07:18:18 AM

I hope you do know that almost all of the prices of altcoins are based on BTC. It's directly proportional.

When BTC drops in Price, Altcoins Suffer as well
When BTC increases in Price, Altcoins suffer as well

It's best to note that this is happening almost all of the time; it would just depend on the demand of a particular coin. Whether someone's buying it or not. That's the exception. So this is not common knowledge or isn't thought about, but it's true. I hope people would understand that concept when it comes to trading.

It's not the worst thing you know because you could take advantage of the drop by shorting the market. It would just depend on the exchange that you have if you could short it or long it.

This is the reality of altcoins. They highly depend on bitcoin for their value. Even the king of altcoins cannot make progress without bitcoin moving forward. Even in 2017, it was able to gain high value of almost 1k dollars and above with the help of the real king, bitcoin. Therefore, it is suggested to all the holders of crypto currencies to read and understand bitcoin first and then continue the job.

It always dependable since Bitcoin user s at the top and it is always paired to any alt's around that's why we can see it's dependable and also maybe we should not say without Bitcoin alt's cannot make a progress since I saw so many project still doing great eventhough the market is so red and questionable.

supercanada1

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Quote from: crwth on December 01, 2019, 07:18:18 AM

I hope you do know that almost all of the prices of altcoins are based on BTC. It's directly proportional.

When BTC drops in Price, Altcoins Suffer as well
When BTC increases in Price, Altcoins suffer as well

It's best to note that this is happening almost all of the time; it would just depend on the demand of a particular coin. Whether someone's buying it or not. That's the exception. So this is not common knowledge or isn't thought about, but it's true. I hope people would understand that concept when it comes to trading.

It's not the worst thing you know because you could take advantage of the drop by shorting the market. It would just depend on the exchange that you have if you could short it or long it.

This is the reality of altcoins. They highly depend on bitcoin for their value. Even the king of altcoins cannot make progress without bitcoin moving forward. Even in 2017, it was able to gain high value of almost 1k dollars and above with the help of the real king, bitcoin. Therefore, it is suggested to all the holders of crypto currencies to read and understand bitcoin first and then continue the job.

Landak

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Quote from: DashingAgent on November 29, 2019, 06:50:22 AM

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

will realize when all the coins that are held over time are losing their value. basically Alts is just an alternative to bitcoin and will definitely follow the influence of bitcoin. the only way to get profit even in the worst conditions like this is to do daily trading.

Aying

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Quote from: sovie on December 02, 2019, 05:50:20 AM

This holds true other way around also, when BTC goes up the price of altcoins also goes up. Right now BTC is going down and so are altcoins. For many its a frustrating situation but I take it as a buying opportunity. Smart investors are not panicking at all rather they are silently buying crypto of there choices. Make a smart move now before it gets too late.

For the current situation, it is good. there are a lot of wise investors that didn't make any missed the trend. they know how bitcoin actually move and bitcoins downfall they already sell and now they are buying at deep and still reading the market. be wise enough and don't let your guard down to observe the trend of btc.

posoa

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Quote from: 7788bitcoin on November 29, 2019, 01:03:10 PM

Quote from: DashingAgent on November 29, 2019, 06:50:22 AM

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

You can call that any theory you want but the fact remains that bitcoin is the only coin the market that can be trusted and the rest of the coin revolve around the value of bitcoin and if people start selling bitcoin the rest of the market will go down as well and that is what we are seeing for years as long as the alt coin market came into existence. Most of the people are not long term holders and they will trade according to the market sentiments and that is why you see big drops in all the market.

in fact calling Bitcoin Dump is not a good idea, yes over the years bitcoin have played a significant role that has gone a long way to make it a model to other cryptos. Why is it that when the price of bitcoin falls all other coins are affected ,it is because Bitcoin Ranks the best of the crypto coins in existence. Also most Investors are aware of the Volatile nature of Bitcoin,and with this in mind, it calls for investors to either invest for Long term or short term so as to be able monitor their investments and at long run will not come out to call Bitcoin names like Dump -the worst thing.

elewton

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Quote from: DashingAgent on November 29, 2019, 06:50:22 AM

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

actually the dump of bitcoin and the dumping of alts is also normal because the trading pair for Bitcoin seems to be numerous. so when the price of Bitcoin fluctuates, other alts will fluctuate. This is the normal cycle of the crypto market so far, so we have to get used to this and make more accurate judgments. Anyway, I would encourage you to choose the BTCUSD pair to trade because it seems to be the center of the market. High liquidity and its volatility is often the same as the whole market.

triqs02

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i guess it's possible to make profits everyday.. you just need to be smart and well-informed or at least be really lucky

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