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Topic: Bitcoin Dumping!! - page 10. (Read 3045 times)

member
Activity: 126
Merit: 16
November 30, 2017, 09:58:03 AM
#11
Welcome to the world of buy and sell or trading whichever you would prefer where is not always going to raise the price otherwise, nobody is going to buy bitcoin, simple really the law of demand and supply of economics perspective which is why you must calm down for sure by the end of the year the price would play around 10,000-12,000 USD so calm down and invest in bitcoin.
sr. member
Activity: 518
Merit: 325
November 30, 2017, 09:57:51 AM
#10
There is no fundamental news out there to justify the price drop. It is a normal correction that used to happen from time to time that hedge funds and many investors use to buy at these low levels that lead to stabilize the price again. you are going to see several drops of 20 - 30% from time to time. If you can not handle the heat, you should not stay in the kitchen.
member
Activity: 179
Merit: 14
November 30, 2017, 09:55:47 AM
#9
Must be new to the markets. It's a correction. Anytime a stock, forex pair, asset, or crypto has a sharp spike in prices, a correction usually follows.
legendary
Activity: 1904
Merit: 1074
November 30, 2017, 09:53:08 AM
#8
You gotta be new here, because everyone knows this is the correction phase. The long-term investors do not even notice these

mini dumps anymore, because they know it will bounce back and give them even higher profits. I have bought at $1200 before

and then the price dropped to $200 to $400 and it stayed there for a year. We held on and the price went up to $10 000 and

we sold some for a massive profit.  Grin
hero member
Activity: 2870
Merit: 594
November 30, 2017, 09:50:06 AM
#7
Why bitcoin price decreasing, now the price is $9,346.22 !! what is the causes of this dump ? Also all of alt coin dumped.

I even see it below $8K but it look likes its again recovering from the dump.  More than 15% so this is some sort of correction that we are seeing. But make no mistake about it, I'm sure that others will jump and buy bitcoins back with this kind of price because we don't want to missed the opportunity to accumulate more and hold on it.

I'm sure that the $10-$11K is too much a mental barrier for most traders not to cash out. Time to make some profits today and time to get back bitcoin at cheap price. I think at the end of the day, we are going to test $10K again and see how will it hold tomorrow. As always, its better to hold bitcoin now rather than just dumping it. Corrections are bound to happened anyways, its up to you how to react on this kind of situation.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
November 30, 2017, 09:48:06 AM
#6
This is how trading works. You may have come across the acronym BTFD meaning Buy The F@*%ing Dip. This is the dip you should be buying. On days like yesterday when everyone is cheering new ATH (All Time Highs) you take a little profit so you have something to buy the next dip with. It's a pretty simple business really.
member
Activity: 87
Merit: 10
November 30, 2017, 09:46:45 AM
#5
I should have dumped last night!!! It was 15300 (Aus $) today I sold at $13900! Ah well profit was made. Hoping the down turn continues so I can buy more back.
member
Activity: 273
Merit: 18
November 30, 2017, 09:45:12 AM
#4
Sell now and buy 2, 3, 4, 5 times as many coins when its cheaper
newbie
Activity: 7
Merit: 0
November 30, 2017, 09:43:26 AM
#3
It was inevitable, as always hodl, it will rise again... Smiley
member
Activity: 119
Merit: 10
November 30, 2017, 09:40:59 AM
#2
It's a normal correction don't worry. It always happens from time to time. Just hold your BTC because eventually it will rise again.
newbie
Activity: 54
Merit: 0
November 30, 2017, 09:39:36 AM
#1
Why bitcoin price decreasing, now the price is $9,346.22 !! what is the causes of this dump ? Also all of alt coin dumped.
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