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Topic: bloodbath! - page 3. (Read 759 times)

sr. member
Activity: 1540
Merit: 420
www.Artemis.co
May 22, 2021, 11:52:34 AM
#44
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.
legendary
Activity: 2716
Merit: 1383
May 22, 2021, 11:11:50 AM
#43
The decline in bitcoin prices in recent days has really scared us all, just imagine in the last 24 hours bitcoin has experienced a price drop of almost 10.25% and most likely this is due to the prank that Elon Musk did by canceling Tesla purchases using bitcoin and  I suspect that if maybe Tesla has sold their bitcoins so that the price of bitcoin falls, I think the decline in bitcoin is likely to continue especially recently China has warned its citizens not to transact and invest in crypto.

https://www.reuters.com/world/china/what-beijings-new-crackdown-means-crypto-china-2021-05-19/
Elon said that that he has not sold his bitcoins but it is obvious that he has done so, after all it seems to me he is trying to buy time for his company to begin to become profitable, and manipulating the price of bitcoin seemed like the perfect way for him to achieve this goal, however the reputation of Elon is going to suffer from this as you cannot get away completely with this, and it is even arguable if he is going to be investigated by the SEC for what he is doing.
sr. member
Activity: 882
Merit: 253
May 22, 2021, 08:44:16 AM
#42
As I say; crypto trading is not for a high blood pressure patient as it will quickly cause collapsing.

Only thing I see in the bloodbath is an avenue to hold more currencies as many missed the first run so seat back
And think of the best currency to buy and hold. This is likely to be the same as 2017 bearish.
I think its because of bad news about bitcoin. Following the environmental concern by Mr. Elon Musk, Greenpeace stop accepting bitcoin donations over the same reason. I think this concern need to resolve, mining bitcoin requires a lot of power to perform. Its not new to me since I've been in crypto since 2017. I agree that the spell will not last and the price will go up again, we're still not in bear season. It will bounce back soon.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
May 22, 2021, 07:28:59 AM
#41
Bloodbath is over, bitcoin is slowly recovering now and we are gonna see it trading at $40k.. The bloodbath was just a blessing for those who trust as they can accumulate at a cheap price, bitcoin will recover, then altcoins will follow. I'm expecting a green market in the next few days.
Staying at 40,000 level again https://coinmarketcap.com/currencies/bitcoin/ i think we can safely say that Bloodbath is already gone and now greening take over.

How much did the buyer profit now when the price dip down 30k and they managed to buy

30 instant percent?

i did not add Bitcoin on my holding but instead i choose Ripple and yes i bought at 90 cents and now climbing to 1.18$ already.
Honestly, you'll be lucky that XRP just pumps. Have you already sold it now? Because if that happens to me, I don't hesitate to sell it.

Back then, Bitcoin seems too hard to sustain at $40k, it was at $38k at this post. It has to say that huge corrections are still waiting for us and it might happen any time. So maybe we have to prepare for that and we can't leave the confidence that prices will increase if the situation will remain like this.
full member
Activity: 1050
Merit: 103
BIB Exchange
May 22, 2021, 06:17:49 AM
#40
Only thing I can say: "you haven't lost your investment untill you sell" we saw it last bullrun.. eventually it'll rise again  Roll Eyes

If the bloodbath continues all i see is an opportunity to get some more cryptos Grin

This is good advice, but we know it doesn't work 100%. There are many problems in life, and if you have invested a large enough amount and you are simply unlucky, you still need to sell some of the coins to live. Of course, when you have enough money not to think about losses in cryptocurrency, it is easy to reason and give advice, but in life it is completely different.
member
Activity: 555
Merit: 10
May 22, 2021, 06:08:25 AM
#39
As I say; crypto trading is not for a high blood pressure patient as it will quickly cause collapsing.

Only thing I see in the bloodbath is an avenue to hold more currencies as many missed the first run so seat back
And think of the best currency to buy and hold. This is likely to be the same as 2017 bearish.
hero member
Activity: 1246
Merit: 502
May 21, 2021, 01:07:06 PM
#38
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.

It may going down further to arround $25k ( this is stronger support we have ). At that price people will buy and i think many people still believe in bitcoin and waiting for that price. This bloodbath is just to shaken out weak hand and intruder who want to ride this bull market, when the intruder is out we will see another light to the moon again.

Dont be greedy and dont act something stupid. Stay strong for bitcoin believer..
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
May 21, 2021, 07:16:50 AM
#37
Bloodbath is over, bitcoin is slowly recovering now and we are gonna see it trading at $40k.. The bloodbath was just a blessing for those who trust as they can accumulate at a cheap price, bitcoin will recover, then altcoins will follow. I'm expecting a green market in the next few days.
Staying at 40,000 level again https://coinmarketcap.com/currencies/bitcoin/ i think we can safely say that Bloodbath is already gone and now greening take over.

How much did the buyer profit now when the price dip down 30k and they managed to buy

30 instant percent?

i did not add Bitcoin on my holding but instead i choose Ripple and yes i bought at 90 cents and now climbing to 1.18$ already.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
May 21, 2021, 07:10:27 AM
#36
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 do not have any feeling about that, but if bitcoin is going down to $20k soon, I will buy bitcoin because that will be the best time to buy bitcoin.
The altcoin may follow bitcoin to go down, but I doubt that altcoin will follow bitcoin movements because I am sure that some altcoins can still survive and even some of that altcoin will increase.
If you check on the market when the bitcoin price is down, some altcoin is not down instead still at the current price, but once bitcoin moves to the high price, those altcoins start to increase for small moves.
It seems, bitcoin price will go down again but I am not sure about that and it needs more research and analysis to find if that will really down or not.
hero member
Activity: 3052
Merit: 685
May 21, 2021, 06:48:16 AM
#35
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.
BTC has very strong support at $ 30K and currently the price has started to go back up to $ 35K followed by many altcoins. When you guys panic, I get the advantage  Grin
Good thing BTC has recovered, the bloodbath is over, the question is, are we going to see the same scenario this year?
Did you guys think that the bull run is already over? or you are still expecting to see a new ATH of bitcoin this year?

I like to hear your thoughts about that as IMO, the bitcoin bull run is slowly fading and we are heading to a long correction.

If you think I'm wrong, please educate me.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
May 21, 2021, 04:57:01 AM
#34
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?
Not at the moment mate, Bitcoin now is back to 40,000 and that means another 50% dump from the value now/

Not for me .

Quote
And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.
It does mate, we can see that now because after bitcoin drops then the altcoin comes along.
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
May 21, 2021, 03:57:29 AM
#33
I saw a quater of a billion dollar bitcoin bought yesterday on bitfinex and I was amazed! That single transaction was a prove to me that bitcoin has gone beyond retail trader and investors, institutions are buying! Another bank anounce today of their intention to create a portfolio for some of their wealth client who wants to invest in cryptocurrency! What I am saying in essence is this, bitcoin fell and it will sure recover very soon! This might be a good time  to take position on bitcoin and altcoin!

You must really have missed the last one year of news then because institutions have not stopped buying,,, they started a while ago and probably even longer before the media started covering it in great length. Michael Saylor said he did not sell a single coin, and in fact with more adding to their holdings we have just witnessed weak hands dropping BTC;)

Good for everyone else who already learns crypto lessons!
legendary
Activity: 3794
Merit: 1030
The Best Tipster on the Forum!!
May 20, 2021, 05:36:40 PM
#32
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.

Good thing that Bitcoin did able to held up strong support which is a good thing and didnt plunge that hard for us to reach back again on below 30k or the worst going back in 20k.

Lots had speculated that this is the start of the bear market which i can say that it must be the start basing off with the current condition where alts dumped hard too as Bitcoin plunges its price.

Is this thing something new? No its not and for those who had sell out on the dip are the ones who hadnt no worries on this current condition.

Bitcoin made a great resistance dropping really small instead of others
i had my money on litecoin and it dropped from 320$ to 210$ now half of the money just gone.Hopefully it comes back
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
May 20, 2021, 03:44:40 PM
#31
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.

Good thing that Bitcoin did able to held up strong support which is a good thing and didnt plunge that hard for us to reach back again on below 30k or the worst going back in 20k.

Lots had speculated that this is the start of the bear market which i can say that it must be the start basing off with the current condition where alts dumped hard too as Bitcoin plunges its price.

Is this thing something new? No its not and for those who had sell out on the dip are the ones who hadnt no worries on this current condition.
full member
Activity: 770
Merit: 101
fLibero.financial
May 20, 2021, 02:12:56 PM
#30
I saw a quater of a billion dollar bitcoin bought yesterday on bitfinex and I was amazed! That single transaction was a prove to me that bitcoin has gone beyond retail trader and investors, institutions are buying! Another bank anounce today of their intention to create a portfolio for some of their wealth client who wants to invest in cryptocurrency! What I am saying in essence is this, bitcoin fell and it will sure recover very soon! This might be a good time  to take position on bitcoin and altcoin!
hero member
Activity: 1974
Merit: 856
May 20, 2021, 12:26:50 PM
#29
The market is indeed on a bad shape right now, everything's on red and bitcoin has its largest dump ever since the bull run but instead of stressing out and worrying about the money we are losing, why not use it as an opportunity to buy stocks? Bitcoin will surely come back stronger just like how it happened in the past so if you have great faith that bitcoin will sooner or later bounce back, then why not keep on holding and start buying. Many people regretted a lot when they started panic selling from the 2018 dump so the same scenario may happen again if we will loosen our grip with bitcoin.
Stocks are also quite high, a crash could be happening there as well in the near future.

Also in order to be able to buy BTC now means that you (probably) did not sell earlier (when it was higher)

It could be the end of the bull market, but maybe we'll see a second wave similar to 2013. For anybody that believes in a second round of the bull market the time to buy is now and in the coming weeks
sr. member
Activity: 1050
Merit: 286
May 20, 2021, 12:15:54 PM
#28
The market is indeed on a bad shape right now, everything's on red and bitcoin has its largest dump ever since the bull run but instead of stressing out and worrying about the money we are losing, why not use it as an opportunity to buy stocks? Bitcoin will surely come back stronger just like how it happened in the past so if you have great faith that bitcoin will sooner or later bounce back, then why not keep on holding and start buying. Many people regretted a lot when they started panic selling from the 2018 dump so the same scenario may happen again if we will loosen our grip with bitcoin.
sr. member
Activity: 2016
Merit: 283
May 20, 2021, 06:27:57 AM
#27
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.
actually bitcoin always recover and no need to worry about that because its proven and tested wherein only fomos will not understand the situation in my personal opinion like what always happen because of being greedy .. And yes on this current situation alts are very affected in the market , for me this literally can cause big changes of price afterwards what i mean expect what is unexpected because of panic selling..
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
May 20, 2021, 06:08:26 AM
#26
Bloodbath is over, bitcoin is slowly recovering now and we are gonna see it trading at $40k.. The bloodbath was just a blessing for those who trust as they can accumulate at a cheap price, bitcoin will recover, then altcoins will follow. I'm expecting a green market in the next few days.

I would not be too quick to say that it is over:) This is crypto and fear and uncertainty has hit not just individuals but even companies and funds and while some did not sell and feel relieved now, they could be selling now in CASE it goes down even more,,, and then that might even create a bigger cascade of people selling off to reduce risk.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
May 20, 2021, 03:46:21 AM
#25
If it gets down as much as 80% then HODL, remember this kind of dump happened so many times and every bullrun there's those people who gonna post about them regretting not buying it when it dips
Sometimes, what it takes for us to get huge profit is ball of stells, just see how 2017 hodlers still got many times ROI despite the current dump, they are risk taker and they got taste the fruit of their patience,
I too gonna hold doesn't matter how much btc gonna get dumped.
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