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bitterguy28

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Quote from: RTX-G53 on November 06, 2024, 11:05:59 PM

Quote from: Japinat on May 19, 2021, 08:28:24 AM

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

Your comment is correct because when Bitcoin falls in value, Altcoins fall in value more than that. Such fluctuations in market prices create pressure for long-term investors. As the price of Bitcoin falls further, investors start selling which affects the altcoin market as well. Instead of selling when the price drops, you can rely on Bitcoin's strong momentum and adopt the DCA strategy.

Not sure what is your point in bumping this thread but for me there is a reason why this must be on top because now we are experiencing the Bullying again and recorded the All Time Hight for Bitcoin so yeah let's all bump those old thread that shows the bloody days of Bitcoin.

It's feeling great seeing this success after years ,I remember this thread when we are still moving to the ATH back then but now?
This is pretty different because we are on the highest price and I believe we are in that more steps to the 6 digits value .

RTX-G53

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Quote from: Japinat on May 19, 2021, 08:28:24 AM

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

Your comment is correct because when Bitcoin falls in value, Altcoins fall in value more than that. Such fluctuations in market prices create pressure for long-term investors. As the price of Bitcoin falls further, investors start selling which affects the altcoin market as well. Instead of selling when the price drops, you can rely on Bitcoin's strong momentum and adopt the DCA strategy.

Kopetunto

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Quote from: Joca97 on May 26, 2021, 09:26:53 PM

Quote from: Amejoaquim on May 26, 2021, 09:09:18 AM

Right now market has been recover and it looks like the next step of bitcoin is go back into $60k and after that $100k.

Bullrun still not over yet, just wait for Q3 and we will see a lot of good news and see another BUBBLE.

Yes,its slowly recovering each day by 10-20% ,2-3 good days then 1 bad day but it will get to the point where it was a month ago
And we can expect the q3 to hit some big prices. Hopefully the market recovers really soon and people realise that this is a good chance to buy cheap crypto

although now it has recovered but altcoins still cannot be said to be a complete recovery,
there are only a few that I know, ENJIN and MATIC, these two coins are truly extraordinary in terms of fundamentals and their price performance against bitcoin,
had experienced a decline and now the price has moved positive.

TokenForUs

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Quote from: Japinat on May 19, 2021, 08:28:24 AM

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

Yes the lowest price this year could probably last dump $28k. But it still depend on whale though. If its not enough liquidated others whale it will happen again maybe around $20k-$25k and i doubt it going below $20k considering it can make retail scare and wont FOMO again. Now the FOMo will begin if we break $60k or $55k so people will believe we going to $100k and buying.

Joca97

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Quote from: Amejoaquim on May 26, 2021, 09:09:18 AM

Right now market has been recover and it looks like the next step of bitcoin is go back into $60k and after that $100k.

Bullrun still not over yet, just wait for Q3 and we will see a lot of good news and see another BUBBLE.

Yes,its slowly recovering each day by 10-20% ,2-3 good days then 1 bad day but it will get to the point where it was a month ago
And we can expect the q3 to hit some big prices. Hopefully the market recovers really soon and people realise that this is a good chance to buy cheap crypto

Quidat

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Quote from: slaman29 on May 26, 2021, 02:02:59 PM

Quote from: Chato1977 on May 25, 2021, 10:19:24 PM

It is exactly what happened in the past and up to now.

How many of those who said to transfer in Memecoins really make profit? and how many have lost?

Why gamble in shitcoins when you can be secure in Bitcoin , because if you only wanted to gamble then Just go to gambling site and try your luck .

Well, probably a lot of them still. DOGE was shilled below 100 satoshi and is still in 800+ ranges.

Most of the shit alt memecoins cost nothing and was airdropped and shilled to death.

The ones that lost a lot bought near the top and these were probably newbies who poured cash and not BTC into these stupid DEXs selling memeshibas and what not.

Remember, crash isn't happening just yet, the tears haven't come!

They'll soon realize when its too late and thats always been a casual thing and the reality that do happen into this market.If you dont make yourself aware and be wise of with things
then you would most likely on getting wrecked until realization would come next which is a normal thing that do happen. Whenever a hype or trend is currently going
then you would expect that there would be possible follow-ups came from those shitty coin creators making the same coin out of the hype
and trying to lure out greedy newbie investors to pour their money in.

slaman29

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Quote from: Chato1977 on May 25, 2021, 10:19:24 PM

It is exactly what happened in the past and up to now.

How many of those who said to transfer in Memecoins really make profit? and how many have lost?

Why gamble in shitcoins when you can be secure in Bitcoin , because if you only wanted to gamble then Just go to gambling site and try your luck .

Well, probably a lot of them still. DOGE was shilled below 100 satoshi and is still in 800+ ranges.

Most of the shit alt memecoins cost nothing and was airdropped and shilled to death.

The ones that lost a lot bought near the top and these were probably newbies who poured cash and not BTC into these stupid DEXs selling memeshibas and what not.

Remember, crash isn't happening just yet, the tears haven't come!

Amejoaquim

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Right now market has been recover and it looks like the next step of bitcoin is go back into $60k and after that $100k.

Bullrun still not over yet, just wait for Q3 and we will see a lot of good news and see another BUBBLE.

killerfrost

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It's still a familiar saying that a down market doesn't buy, when it goes up, sell something

Personally I like the way the market is going, basically my assets in this market are still very profitable and i am always trying to increase my wealth in this sector this.

ChaoChibai

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Quote from: Japinat on May 19, 2021, 08:28:24 AM

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

Well, this month is really blood month especially for bitcoin.
I did not expect this scenario would happen. I hope the price of bitcoin will not going down from now on, especially $20k. I think that will be worse case ever. But if we look at from another perspective, maybe this time actually our chance to invest some money on bitcoin.

lxiaoh

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BTC $20k i think it will soon come, maybe about one or two months. I deeply believe this round of Bull is over, what awaiting us is a long Bear market. And for all those altcoins, their price will return to about 10% of what they were in this Bull.

Chato1977

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Quote from: slaman29 on May 25, 2021, 01:25:39 PM

Quote from: numanoid on May 25, 2021, 12:23:44 AM

Lol? What's the reason for them to convert their alts to btc and then dump their btc? When market crash happened, they were dump their bitcoin, which make btc price down and it make other alt also dump too as all alts are following btc price. So if btc got dump, alt got dump as well, but if alt got dump, btc could be affected too or not.

The same reason we've seen in all the past cycles. Greed and an expectation to make the same easy money over and over again, what else:)

No need to hodl Bitcoin they said. Change it to memecoins and enjoy 100x explosion they said. Bitcoin is dead and dominance is going down they said.

We've all heard it before and we'll all hear it again.

I think that is exactly what happened in the past and up to now.

How many of those who said to transfer in Memecoins really make profit? and how many have lost?

Why gamble in shitcoins when you can be secure in Bitcoin , because if you only wanted to gamble then Just go to gambling site and try your luck .

TravelMug

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Quote from: Silberman on May 25, 2021, 12:08:36 PM

Quote from: ecnalubma on May 22, 2021, 11:52:34 AM

This dip doesn’t make sense to me since Bitcoin is progressing and so altcoins had great development. This is just a pure manipulative action of the few, if you fall to these traps its your choice but if your still holding set tight and relax where not going anywhere, the only way is up.

That is exactly what is happening and we need to accept this is going to keep happening, many people have stated over the years that if bitcoin went up in price the drops would not be as big, but what those people are forgetting is that what you need to crash this market is not fiat but bitcoin and in fact the size of whales is increasing which means the volatility and the manipulation on the market is only going to get worse as time passes.

Depends on how we look at it, the flash crash could also be beneficial and healthy for crypto investors are we can enjoy buying cheap coins again. On the contrary, there could be new investors that are afraid because of the total manipulation of the price by whales and huge institutions or even individuals like Elon Musk and other crypto influence.

So it's either we play the game of the big boys, or as average joe, we simply go with the flow and not go against the current of the whales, it's our choice.

irsykes

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Quote from: numanoid on May 25, 2021, 12:23:44 AM

Quote from: irsykes on May 24, 2021, 01:35:30 PM

Quote from: Japinat on May 19, 2021, 08:28:24 AM

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

I think i am ok with it, maybe need more time to hold bitcoin and other alts. But make sure altcoins that we hold really have fundamenal support. Because sometimes, when bitcoin price down, people will sell their alts too and then convert to bitcoin and then they convert to fiat. That can cause bitcoin price dumped.

Lol? What's the reason for them to convert their alts to btc and then dump their btc? When market crash happened, they were dump their bitcoin, which make btc price down and it make other alt also dump too as all alts are following btc price. So if btc got dump, alt got dump as well, but if alt got dump, btc could be affected too or not.

Sorry i forgot to add "in my mind" Grin

. Because in past i keep think about that, maybe it is wrong but sometimes i think there are people who panic and dump their alts to bitcoin first so they can sell bitcoin to fiat, that is why altcoin dumped when bitcoin price fall in my mind before.

slaman29

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Quote from: numanoid on May 25, 2021, 12:23:44 AM

Lol? What's the reason for them to convert their alts to btc and then dump their btc? When market crash happened, they were dump their bitcoin, which make btc price down and it make other alt also dump too as all alts are following btc price. So if btc got dump, alt got dump as well, but if alt got dump, btc could be affected too or not.

The same reason we've seen in all the past cycles. Greed and an expectation to make the same easy money over and over again, what else:)

No need to hodl Bitcoin they said. Change it to memecoins and enjoy 100x explosion they said. Bitcoin is dead and dominance is going down they said.

We've all heard it before and we'll all hear it again.

Silberman

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Quote from: ecnalubma on May 22, 2021, 11:52:34 AM

This dip doesn’t make sense to me since Bitcoin is progressing and so altcoins had great development. This is just a pure manipulative action of the few, if you fall to these traps its your choice but if your still holding set tight and relax where not going anywhere, the only way is up.

That is exactly what is happening and we need to accept this is going to keep happening, many people have stated over the years that if bitcoin went up in price the drops would not be as big, but what those people are forgetting is that what you need to crash this market is not fiat but bitcoin and in fact the size of whales is increasing which means the volatility and the manipulation on the market is only going to get worse as time passes.

ivankoh

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Quote from: Japinat on May 19, 2021, 08:28:24 AM

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

I have the opposite thought. Even though the candlesticks, trends and charts go against the bull market, I still believe in a stronger rally. My friends all emphasized the decline, in which I protested and perhaps that excitement was placed in a trap set. If I become the barbecue of the bears. This is an honor

) There are strong market makers - whales are moving around the 38k threshold. They seem to be very large and fence short sections well. I believe the market will recover and there will be very strong forks.

Roidz

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Quote from: Japinat on May 19, 2021, 08:28:24 AM

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

every time there is a decline in the price of bitcoin in the market it seems that China has contributed to doing so so far, but what I was surprised by was when China started spreading fud about bitcoin but the Chinese government was actually developing their own crypto a few months ago, so the fud issued by China today it will only have a temporary impact and gradually I think bitcoin will continue to increase and in fact from the last few years we can see how fud continues to attack crypto but what happens is that the crypto price is getting higher and higher and able to continue to reach its ATH.

so, I don't think we need to panic at this time.

Distinctin

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Quote from: Viecoin on May 24, 2021, 11:44:56 AM

FUD and rumors of various country crypto regulations and bans are warranted. Check crypto news headlines for 2017 and 2013 and there is a pattern. Hold your bags this year.

You are right, that's not new to crypto, in fact, in 2017 when China banned bitcoin, the bull run happened, now they made another headline and it affected the market badly for a while but the price is now recovering. Those who panic will certainly lose the opportunity to sell when a new ATH will come.

Just relax, hold if you are into the long-term hold, and play the volatility if you are into the day trading or short-term trading.

michellee

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Quote from: sana54210 on May 24, 2021, 11:23:49 AM

Quote from: michellee on May 24, 2021, 12:27:19 AM

You are not alone because many of us are getting lost too. But we still have to try to make a profit and recover from the losses. The dump will end soon, and you do not need to worry. We need to survive at this moment and if you have money, you can try to buy for a small amount so you can expect to make a profit later when the dump ends.

The altcoin still has a chance to grow again and I think the altcoin season can come later. We just need to calm down and do not panic and yes, patience is the key for us.

If we stop right now and do nothing that will only end up with a lot more worse situation for us. This is why I agree that we have to be optimistic about the future and act accordingly, what is the other option just sell everything you have and get out of crypto completely? That would not help anyone and it would not change anything for anyone neither so there is really no reason to do that, taking a loss and accepting it is not a solution in my mind.

However if you are optimistic about the future and you can hold and wait and even buy some more and just hope for the best you could at least make a bit of profit. Or you could trade if you are good at it and you can still make a bit of profit doing that as well, do something ANYTHING and just try to be active because the other option of just taking a loss and leaving is not a solution at all.

We will regret the future when the situation becomes better because we are not trying hard in the past. It is no use if we are just sad and regretful or disappointed because every person can change and learn better than before. That also happens to the crypto market. If the market is not good to trade, maybe we can leave the market for a while.

Accepting the situations and keeping trying will be good for people who do not want to give up because I am sure they will recover their losses and profit. The future will be better if we can still trying and we will see that if you buy and hold can give you the profit too than not to do something. But that will depend on you because maybe we will have a different plan related to the current situation.

Topic: bloodbath! (Read 752 times)