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Topic: Bitcoin is way down today (Read 989 times)

sr. member
Activity: 1162
Merit: 251
July 17, 2019, 07:12:05 AM
#61
I think it is just another normal fluctuation in the market and I don't think we have to worry about that. This kind of thing also happened weeks ago. Just keep on holding bitcoins down and keep on buying altcoins since they haven't gone up much.
I think it's natural that many investors panic and worry because prices have fallen by more than $3k in just a few days. I myself do not know what the reason behind the fall in prices, but keep panic will only harm you, make this an opportunity to buy, it will be more better
sr. member
Activity: 882
Merit: 251
July 16, 2019, 07:37:53 PM
#59
Bitcoin price fluctuates daily so the way to protect our coins is hold. Or, when the price suits you take profit. We cannot predict how the market behaves or at what price. It happens their is manipulation surrounds in bitcoin market.
hero member
Activity: 1414
Merit: 516
July 16, 2019, 02:59:15 PM
#58
The best way to protect is to hold and if want to sell always try to sell on profit never on a loss, but i think is some manipulation and some groups want the price go down and buy some more coins or also some groups who are against crypto want to make price crash badly.
member
Activity: 262
Merit: 10
July 24, 2019, 03:44:16 PM
#51
price is bouncing right off fibonacci retracement numbers. next stop around $8550 if $9600 is broken.

Simply don't be connected sincerely with the immense swings of value nowadays, since we may find in the following days it could restore extremely quick. Expect progressively incredible exhibitions that it could be increasingly over $10k or higher to withstand at any random dates.
legendary
Activity: 2884
Merit: 1117
July 24, 2019, 12:11:12 PM
#50
It once again fell. It is a great feeling when it goes up and you have free money all of a sudden but its one of the worse feelings ever when you wake up and see you do not have that much money.

Hopefully, we could at least put aside this new low and will continue to increase with the sellers out of the way, I think they are the ones causing this fall not the lack of buyers, buyers are still there if you ask me but the sellers are selling way too much. That is good however because if the sellers sell and price goes down then they do not have bitcoins left, so we can go back up and since sellers already sold and don't have money this time we won't face a problem. Of course, you can do this multiple times before you ran out of all sellers but eventually we will definitely reach that.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 24, 2019, 11:19:09 AM
#49

Exactly, the only way to protect it is just to HODL. But no make mistake about it, practicing HODLing is tough as well as other may have thought. That's why you will see some holders panic when there is a crash, because once you see your assets going down, it's not not to think of protecting it by selling. So it is advisable to just sit and relax, on the contrary buy more during dip and just HODL for as long as you can.
Holding your coins can definitely protect you but there is one big problem with holding and it is that the time needed to recover your money can be very long especially if you bought at a high price, this means that only the ones that believe in the technology of bitcoin will be able to hold for that long while those that only were interested in making money will eventually fold to the pressure and will sell for a bad price, and once they do they will never recover the money they lost.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 24, 2019, 09:52:56 AM
#48
I still optimist bitcoin price will be back to the higher rate. Maybe we don't know when it's the time, and right now, we need to wait for a while, and I think we can buy more bitcoin and sell when it increases for a small price. I think this situation will be good for us to buy and sell rather than to hold for a long time because the price still changes in every day and I think we have a chance to take the profit in daily or once in two days.
copper member
Activity: 228
Merit: 23
July 24, 2019, 06:09:48 AM
#47
price is bouncing right off fibonacci retracement numbers. next stop around $8550 if $9600 is broken.
full member
Activity: 565
Merit: 100
BountyMarketCap
July 24, 2019, 05:39:26 AM
#46
there is almost no way to avoid trading the popes we all know crypto trading has a high risk the pump and discard it is normal,so we have to look for when the right time to buy and sell when the price is high enough, immediately secure it to a stable coin.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
July 24, 2019, 01:43:38 AM
#45
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
You can save up from losing big when the market sudden crash if you convert your btc into fiats or into stable coin like tusd. In that way, you can then repeat trading if the bitcoin's price pump again. We can not predict the sudden manipulation of whales that is why the we can not easily protect our crypto coins once they've entered the market.
It is all about how we save our BTC's in a dropping scheme.
We have to forget about how whales make plays to the market but to focus on how we've been versatile in every market movements. We can't just be staying in old fashion strategies all the time but to look something new which very applicable to the current situation.
hero member
Activity: 2646
Merit: 686
July 24, 2019, 12:15:37 AM
#44
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
You can save up from losing big when the market sudden crash if you convert your btc into fiats or into stable coin like tusd. In that way, you can then repeat trading if the bitcoin's price pump again. We can not predict the sudden manipulation of whales that is why the we can not easily protect our crypto coins once they've entered the market.

There’s no proven way to safeguard your coins prices from tanking, but I too would suggest to sell some coins when their prices reaches a new high and then hodl your money in fiat. Once you see prices have crashed buy your coins on the dibs, and repeat this process soon you’ll make lots of profits. If you’re planning to buy bitcoins then I think you should hurry up, because prices have fallen to $9600 and I feel prices won’t fall further.
member
Activity: 630
Merit: 20
July 23, 2019, 09:13:58 PM
#43
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
You can save up from losing big when the market sudden crash if you convert your btc into fiats or into stable coin like tusd. In that way, you can then repeat trading if the bitcoin's price pump again. We can not predict the sudden manipulation of whales that is why the we can not easily protect our crypto coins once they've entered the market.
hero member
Activity: 1092
Merit: 501
July 23, 2019, 03:05:01 PM
#42
The only way to protect your crypto from ups and downs is to just HODL and don't care about the price at all.
If you can't do this,just sell your crypto for fiat and don't bother with crypto trading.
The current bitcoin price is going down and it's a little bit frustrating to keep an eye on the price and watching it go down.Damn,I have to quit tracking the price. Grin
This does not make anything worse. These are momentary fluctuations in the price of Bitcoin and they happen even in the boom. There is always small fluctuations and I think the correction will keep on happening for long. Bitcoin however is getting its prices raised to the heights lately and I think it is this rise that we should focus on and prepare for the big rise and not the falls.
sr. member
Activity: 882
Merit: 282
July 23, 2019, 12:04:10 PM
#41
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

In my opinion, the best way to protect your Bitcoin worth in dollars is to convert it to USDT any time you think bitcoin market value is high then convert it back to Bitcoin if the price depreciate you will at the end of the day gain more Bitcoin which you can hold pending when its market value appreciate again.
Converting your Bitcoin or swapping it to USD or any of the stable coin is one of the best ways to hedge now unlike before that we were swapping to some of the popular altcoins that there price were a bit stable during price volatility in bitcoin pricing. Before coins like litecoin and ripple were a bit slow in following bitcoin when it is going up or down but it seems things have changed and some of them react to bitcoin fast now than before. The safest way is to keep holding and no matter the price if you are patients you will see bitcoin recovery.
hero member
Activity: 3164
Merit: 937
July 23, 2019, 02:16:15 AM
#40
The only way to protect your crypto from ups and downs is to just HODL and don't care about the price at all.
If you can't do this,just sell your crypto for fiat and don't bother with crypto trading.
The current bitcoin price is going down and it's a little bit frustrating to keep an eye on the price and watching it go down.Damn,I have to quit tracking the price. Grin
sr. member
Activity: 2016
Merit: 283
July 23, 2019, 01:44:22 AM
#39
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
protecting your crypto currency nowadays is not easy mate especially when it comes short term because the market is now so volatile . If you very tired monitoring the growth rate.  Then i suggest to switch on long term wherein less stress. And the only thing you need to do is to wait until the right time to sell comes. . But dont expect to much just mark a beae target price in orderfor you to sell off immediately if necessarily . Because you know market always fluctuate suddenly after making pumps.
legendary
Activity: 2100
Merit: 1058
July 22, 2019, 10:50:09 PM
#38
We have to start realizing that there will be bad days in bitcoin, there will also be good days as well, we have really no control over bitcoins price lately, I mean we are the ones that decide on the price basically but still don't have too much control.

We can try to buy during sell times in order to slow it down but we would only be swimming against the waves there and wouldn't make a big difference, same applies when it goes up and you want to sell. Hence just get used to bitcoin being like this and you will be fine, focus on bitcoin capabilities and how much it can change the world instead of what the price is and try to invest into crypto as a whole idea instead of just the price. Otherwise you will be sad each time you wake up and see bitcoin price down from previous day.
sr. member
Activity: 882
Merit: 269
July 22, 2019, 03:49:39 AM
#37
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
The only way you can safeguards your investments and bitcoin or cryptocurrency is through hedging. You should hedge your funds with usdt or any of the popular stable coins. The whales and traders only make money not through holding and it is through buying low and high of the market to make money through the weak hand that sell their holding through fear and panic.
sr. member
Activity: 1484
Merit: 253
July 21, 2019, 11:08:44 PM
#36
Have this trend aren't new to us. Thinking how it dumps before is the worse thing it happens than of what we've experienced today but we stood still and survived. What we gonna do now is to stay strong and try to look at some ways that could help in generating profit than stay at crypto all the time.
Let this thing it happens and never get disappointed cause its a reality we need to accept.
   Completely, as the obvious reality it certainly exist in an abrupt manner and we know about its decision. What extremely significant is that bitcoin still alive and keep advancing even in a ricocheting and fast way. Still I accept that the present situation will outperform the conditions.
sr. member
Activity: 2436
Merit: 343
July 21, 2019, 09:55:39 PM
#35
Have this trend aren't new to us. Thinking how it dumps before is the worse thing it happens than of what we've experienced today but we stood still and survived. What we gonna do now is to stay strong and try to look at some ways that could help in generating profit than stay at crypto all the time.
Let this thing it happens and never get disappointed cause its a reality we need to accept.
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