Author

Topic: Bitcoin is way down today (Read 986 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.
hero member
Activity: 2842
Merit: 772
July 21, 2019, 06:25:04 PM
#34
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
There's no way we can protect our Bitcoin if we are in the open market unless if we hold it forever. Price manipulation is everywhere especially in the open market it is prone to manipulation. So if you really want to earn from this market you have to be flexible while learning how do whales affect the whole market movement.

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.
legendary
Activity: 2240
Merit: 1069
July 16, 2019, 08:10:35 PM
#33
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

You are only affected by this if you are a trader, otherwise, just hold your bitcoin and the price will eventually go back up.

For traders, you can just set a target price for profit and stick to it. Also, set a stop loss so you won't get wrecked when the price suddenly goes against your trade. Chasing max profit usually does not goes well to daily traders.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 16, 2019, 02:41:21 PM
#32
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
If you want to be an investor or a trader you need to accept that you are only a small fish and that sometimes you will lose money when the whales make their moves, so the only way to protect yourself completely from the whales and their manipulations is to get out of the market and never comeback, but if you are really enthusiastic about the technology behind bitcoin then that is not an option, I suggest that you try to learn as much as possible about money management since that is what differentiates the ones that are successful from the ones that are not.
sr. member
Activity: 882
Merit: 282
July 12, 2019, 12:41:09 PM
#31
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

You don't need to track too much. It will turn up again. You just enjoy yourself.
Most of us are in a panic because we try to track every movement that the market make especially when it is going against our will! The whales make money because of the action some of us make during the up and down movement of the market and that is the reasons why you and I need to define the type of traders we are.  If you are a holder there is no need of you refreshing coinmarketcap every day as this will create tension in you and it might make you lose money by selling when you are not supposed to sell! Traders especially day traders are those that can or should be doing that because they make money from the little price movement on a daily bases.
sr. member
Activity: 2506
Merit: 368
July 12, 2019, 11:54:53 AM
#30
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
There's no way we can protect our Bitcoin if we are in the open market unless if we hold it forever. Price manipulation is everywhere especially in the open market it is prone to manipulation. So if you really want to earn from this market you have to be flexible while learning how do whales affect the whole market movement.
sr. member
Activity: 1204
Merit: 272
1xbit.com
July 12, 2019, 11:11:24 AM
#29
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

Don't be sad.
You need understand, how the price of a particular coin affects.
So when the trading volume of a coin is more, then the price gradually increases, but when the trading volume falls down the price too comes to down.
Hope you have understood now.
Good luck.
full member
Activity: 1330
Merit: 147
July 12, 2019, 10:50:31 AM
#28
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
If you are trader I guess you will know against it especially through the candle pattern. The increase price will be fast and same as when its price going to down, because the whales will set a profit price that they want and the will lock it to sell so as when its price has touched the we will can find its price will down drastically even will past the original price. The second ways is you can see at the news on the several media, if there is no good news on the media but the price is increasing then you can judge it thag the market has been manipulated by whales.
legendary
Activity: 2016
Merit: 1107
July 12, 2019, 07:54:57 AM
#27
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

the simplest and the easiest way : HODL and do not bother checking if the whales are at it or not Smiley
the longterm holders do not worry about the drops or the raise , unless it hits the mark when they are ready to sell
if you only hold a small amount of coins , then you could invest them into a casino bankrol land gain dividends, saving yourself from the volatility of the market
other than that - bitcoin is volatile by nature , its one of the best speculative instruments on the market , so there wil lalways be people who take advantage
just live with it  
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
July 12, 2019, 07:46:28 AM
#26
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

Maybe the way we can protect our cryptocurrency is by buying the coin at a low price and sell at a high price. That will be done if we have skills in trading so we can know when the time to buy and sell. Without having skills, it is hard to get the right price because sometimes after the price down, it will go down for more but then the price will increase later. So we need to learn about how to analyze the trend and maybe we can place a two or three order to anticipate the lower price.
legendary
Activity: 2212
Merit: 1008
July 12, 2019, 06:12:52 AM
#25
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

Without that "rinse and repeat" trades you are pointing, you won't enjoy the current price we are today. That's the source of the strong foundation and we need that dips on the way. A continuous price rise without slowing down is way more alarming and might wreck you at the end.

Anyways, Welcome to Crypto World!

Sometimes whales also have to take profit on their targets, so today it goes down. And I agree that the continued upward movement of the market is very worrying because it is an unnatural pattern on the market. Certainly in such a pattern there is a secret behind it, and today in my opinion bitcoin is still in a fair pattern.

Correction is normal, maybe the OP must see the history of the previous bitcoin and then make a thread. The pope is inevitable because the pope will continue to exist in this market, the right step is to become a remora, and be patient to grow into a whale.
hero member
Activity: 1764
Merit: 584
July 12, 2019, 04:30:52 AM
#24
Not much of a problem if you HODL for long enough. Considering the prices last year, it's still possible to sell at a profit. It really just boils down to your entry cost.

Say you bought last December, you can still sell now at 11k and still get a profit and then just wait for further drops before buying again. But since it's fluctuating just around the 10k-12k, probably more prudent to hold.
jr. member
Activity: 314
Merit: 6
July 12, 2019, 03:54:53 AM
#23
Bitcoin has seen a pretty big price drop over the past days, will the price soon bounce back above $13K?
Read more in this short TA:

https://coincodex.com/article/3994/bitcoin-price-analysis-precipitous-btc-price-drop-breaks-below-12000-where-can-we-bounce/
hero member
Activity: 1890
Merit: 831
July 12, 2019, 03:36:50 AM
#22
There are two things that people usually do

1. Holding for a long long time :-
This way the only thing you need to protect your cryptocurrency is from your will ' don't sell them , just let them stay in your wallet ,a safe one ! Don't check the regular price of the market , if something big will happen you will already know through the news and all

2. Holding for a short amount of time:-
Now this is more or so like trading , get aquatinted with a good trade platform and then at the same time make sure to keep a track , you can trade using charts or just the market price , depends on you ofc.
Then you just need to buy and sell at small small intervals and can encash whenever you want.

Just keep checking the market price in the second option '
member
Activity: 322
Merit: 20
Donating 10% to charity
July 12, 2019, 03:36:44 AM
#21
You do not have to protect yourself against Whale ‘rinse and repeat’ trades, when you ignore the short-term volatility. Any long-term trader will simply ignore this and just sit back and wait for the price to reach a new ATH and then to take some profits.

The day trader will actually benefit from this volatility by buying low and selling high. So depending on how you approach trading, you should actually benefit more from this kind of  ‘rinse and repeat trades by these Whales.  Grin 

I know right? But i really don't understand why taking so much risks, it's like the gold rush fever. Long-term rules the game.

Day trading is really hard, of course you can benefit but i highly doubt that many will be so skilled in the art of patience and fearless mode. Emotions tend to drive people into action and it is something that investors struggle with since the day money was invented, you get what i mean.
member
Activity: 616
Merit: 30
July 12, 2019, 01:08:23 AM
#20
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
Why protection are you asking?because if your talking about the losing when the value is falling I don’t think someone has a power to top you from selling.so there’s no need for protection but alertness is what you need

Though also you can just hold while others are dumping  because we have already seen the scenario that pumping and dumping happens almost every other day
member
Activity: 420
Merit: 20
simply getting the job done
July 12, 2019, 12:54:26 AM
#19
As practice shows, it is often more profitable to simply buy and hold than try to guess short-term falls and growth. Someone of course turns out. And I even did it myself at one time, but I can’t say that it greatly improved my result. Maybe I really earned 20% more interest, but if you do not have a lot of free time, then I would not advise you to do this. Moreover, sometimes you can lose part of the trend and lose profits. Such trade is more suitable for speculators and not investors.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
July 12, 2019, 12:51:12 AM
#18
You do not have to protect yourself against Whale ‘rinse and repeat’ trades, when you ignore the short-term volatility. Any long-term trader will simply ignore this and just sit back and wait for the price to reach a new ATH and then to take some profits.

The day trader will actually benefit from this volatility by buying low and selling high. So depending on how you approach trading, you should actually benefit more from this kind of  ‘rinse and repeat trades by these Whales.  Grin 
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
July 12, 2019, 12:43:45 AM
#17
The cryptocurrency market is volatile and therefore it can increase and decrease at any point in time. The best way to avoid these sudded market crashes is to exchange your cryptocurrencies like btc and eth for stable cryptos like TUSD, USDT etc.
member
Activity: 980
Merit: 62
July 11, 2019, 11:27:46 AM
#16
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

I don't think that there is any assurance for that.
As long as the market is open and accessible to any user with any budget this is going to happen everytime. The best solution is to try and keep your patience and wait till the next upward trend.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
July 11, 2019, 11:23:37 AM
#15
You can't obviously, though you can always read signs from exchange volumes and order books as those are solid indications that something eerie is happening within the platform. Also, instead of constantly thinking whether to buy or not, just buy when everyone is selling and you are almost guaranteed to take at least a few profits when the price rises. That's what I've been doing for the past few years and I have been doing quite well, honestly.
legendary
Activity: 3080
Merit: 1353
July 11, 2019, 11:12:20 AM
#14
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

yes i do, when price is down, you buy instead of sitting around crying about the little dip we had. that way when the whales sell you buy and increase your size to eventually become a whale.

This one, why don't you just relax and not panic and just buy in every dip. I guess this is another classic example of a newbie panickng when there is a slight changes in the price and their portfolio's value dwindling as per USD. To the OP, just relax we are already in a bullish market, you just need to learn to control your emotions and have mental toughness.
jr. member
Activity: 56
Merit: 5
July 11, 2019, 10:20:43 AM
#13
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

do you know what is selling rate?Huh??

selling rate in some sort of level is when coin get to price which is called at the peak relative to the price that was, and in this peak the selling rate is very high what hurt  the value of any crypto...

if it will stop?

yess soon we can almost anything with crypto and the selling rate will fall drastically because we can by directly with crypto and dont need to convert it and this effect will surge the price to the moon without even de,mand grew
jr. member
Activity: 56
Merit: 5
July 11, 2019, 10:19:56 AM
#12
do you know what is selling rate?Huh??

selling rate in some sort of level is when coin get to price which is called at the peak relative to the price that was, and in this peak the selling rate is very high what hurt  the value of any crypto...

if it will stop?

yess soon we can almost anything with crypto and the selling rate will fall drastically because we can by directly with crypto and dont need to convert it and this effect will surge the price to the moon without even de,mand grew
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
July 11, 2019, 10:17:42 AM
#11
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

Without that "rinse and repeat" trades you are pointing, you won't enjoy the current price we are today. That's the source of the strong foundation and we need that dips on the way. A continuous price rise without slowing down is way more alarming and might wreck you at the end.

Anyways, Welcome to Crypto World!
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
July 11, 2019, 10:00:43 AM
#10
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

Yes, with this magic thing called stop loss. For example when it was at 13k:

In Poloniex: If price goes down to 12.5k (stop) sell at 12.4k (limit) (against stable coin)

Then once you see it down and feel confident enough, do it again, for example when it was at 11.2k:

If price rises up to 11.5k (stop) buy at 11.6k (limit).

Actually the wider this is, the safer. That is to accommodate for small fluctuations, but my examples are actually quite tight and not recommended (high risk).

Most exchanges have this with different nomenclature, but they work more or less the same way.

Bots and automated trading platforms can do this for you, or you could just hold and relax, if you are not going to burn your bitcoins and are saving, it will go up in the long term anyway, despite fluctuations.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
July 11, 2019, 09:25:04 AM
#9
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
If you're a long-term investor, then the only thing you have to protect is your psychological state. Try to distract yourself from bad news, do whatever it takes not to engage in panic selling and to keep calm. If you are a trader, just do whatever the whales do. They sell - you sell, they buy - you buy. And in the meantime, if you are personally worried about the volatility, just keep your money in a stable coin like tether (if you trust it, of course), when you are not engaging in your professional activities.
You say Bitcoin is way down, but what I see it a mere 9%. It's really nothing to worry about if you know the market of cryptocurrencies.
hero member
Activity: 3052
Merit: 651
July 11, 2019, 09:23:49 AM
#8
Wow. It did really go way down.
Just this morning it was still at a good price. I just slept for a while and this is what happens.
Something like a $1000 cut happened.

Good day for the traders if they did sell at 13k price. Now, they will just be waiting for the right price to buy back. I guess 10,500 will be the number.

This thread will be better off at trading discussion though.
copper member
Activity: 140
Merit: 1
ICO/Developer
July 11, 2019, 09:16:51 AM
#7
It's going down because Jerome Powell FED chairman's statement from yesterday...
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
July 11, 2019, 09:13:56 AM
#6
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

yes i do, when price is down, you buy instead of sitting around crying about the little dip we had. that way when the whales sell you buy and increase your size to eventually become a whale.
hero member
Activity: 2590
Merit: 644
July 11, 2019, 09:11:01 AM
#5
Bro, this year so far Bitcoin price had a good price grow. You had been encounter as of now a small correction and I am sure it will pump up again after a few days. Have you remembered the first law of motion by Newton? (have an equal and opposite reaction) I think it seems like that, the movement of bitcoin price now as what I have noticed recently drop but it will raise up back again. So, be patient. If you are in trading and to avoid losses you can divert your bitcoin into a stable coin like USDT to stop your loss.
sr. member
Activity: 1134
Merit: 342
July 11, 2019, 09:09:46 AM
#4
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

You don't need to track too much. It will turn up again. You just enjoy yourself.
member
Activity: 616
Merit: 12
Send&Receive Money Instantly, w/ no hidden costs
July 11, 2019, 09:05:57 AM
#3
In general there is no definite way to avoid such activities, even if you try to follow or even fight the current market flow. I guess hale whale gives a little effect on the market, the rest is how small traders respond to that. While BTC is down, just HOLD it, i've ever regret cause of panic like this moment.
member
Activity: 74
Merit: 10
Standing on the shoulders of giants
July 11, 2019, 08:05:43 AM
#2
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?

It is down today, but still very much up for this year.
Relax and don't always watch the price fluctuate...

You cannot "protect" yourself from whales who sell 1000's of BTC in an instant (unless you have deep pockets and can buy 1000's of BTC).
As mentioned, don't try to play their game because you can only loose. Most important is the technology of BTC keeps evolving and this has triggered company's to also invest and understand BTC!

Good luck!

Krikke
newbie
Activity: 5
Merit: 0
July 11, 2019, 07:41:40 AM
#1
Do you know how to protect your cryptocurrency from whale ‘rinse and repeat’ trades?
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