Danm ! What the f*ck is Hapening ? - page 2.

Kemarit

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Quote from: pooya87 on May 28, 2017, 12:05:37 AM

whenever there is a big dump like this, no matter in which market, the price will jump back up again when it reaches the bottom. so it is a good idea to buy at the bottom to make a quick profit.

for altcoins i suggest buying them when you see price not going lower any more and if you saw signs of a rise. and then dump them as fast as possible to get out again because the continuation of dump is highly possible for them.

for bitcoin i suggest buying when the dumping slows down, because for bitcoin the price can easily be reversed and it happens fast, you can't really find a bottom for it. and additionally it doesn't matter at what price you buy bitcoin, you will make profit in long term.

Dumping is slowing down now and holding. Did anyone able to buy back when the price dip? I hope so.

I guess the weaker hands have folded. Last time I checked the price its $2200 so indeed, it is now holding good to know. If you guys where able to buy at $1800-$1900, I think you can made a good profits by now. But just continue to hold because another wave of buying will come so the price definitely go up again. For altcoins, you need to be always alert and ready to dump, because when the dumping started, you don't want to be caught napping because for sure you will loss your investment.

Tap Project

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This was inevitable for the market, all Altcoins were doing well for the last couple months atleast. With the RSI and FIB indicators, I don't see anything out of the ordinary. It looks like all the coins are currently correcting and beginning minor swings.

pooya87

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whenever there is a big dump like this, no matter in which market, the price will jump back up again when it reaches the bottom. so it is a good idea to buy at the bottom to make a quick profit.

for altcoins i suggest buying them when you see price not going lower any more and if you saw signs of a rise. and then dump them as fast as possible to get out again because the continuation of dump is highly possible for them.

for bitcoin i suggest buying when the dumping slows down, because for bitcoin the price can easily be reversed and it happens fast, you can't really find a bottom for it. and additionally it doesn't matter at what price you buy bitcoin, you will make profit in long term.

XbladeX

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Quote from: Thal on May 27, 2017, 04:26:28 AM

I just look at the Chart, and see that all things is red.
Seems that the buble is over, Hard Correction now ?

Should i sell and pickup at lower price ? what do you think ?

It's time to quit seeing only Bitcoin and shitcoins. See it as a crypto-ecosystem with plenty of snakes and rats and insects. Many of the snakes, rats and insects are here to stay, and the crypto-ecosystem is expanding fast. Btw. is Bitcoin a shrinking whale in this ecosystem, or is the Bitcoin Baby just growing up?

The Sceptical Chymist

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Quote from: smartbitcoininvestor on May 27, 2017, 06:46:50 PM

You must have started buying during the bull run.

I'm sure this is true of hundreds of people, just like it was true in 2013. And yeah, this is either a correction (temporary) or a real crash. Time will tell. Smart traders cash out and enjoy their profits. No shame in that. But that's what's happening, and with the rise that we've had, it was bound to happen sooner or later.

smartbitcoininvestor

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You must have started buying during the bull run. All you can do now is hold and wait it out. You are investing for the long term anyways.

If you focus on day trading, I would recommend learning about diversifying your investment strategies as well. Berkshire Hathaway is one of the largest holding companies in existence simply because of the buy and hold strategy.

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The coin prices moved up so fast the last couple of weeks a correction was inevitable, I noticed this on Wed when my coin portfolio jumped several thousand dollars in just a few days. Don't panic now, just slowly buy the coins that you like as they go down, that way you will have more coins when the prices move up even higher when the correction is over. Of course you have to have some capital available to buy with, so you want to sell off some coins when they reach new highs and wait for pullbacks to buy. When everyone thinks that alt coins are done the correction will be over and the next leg up will begin. Don't be one of those who sell at the bottom and buy back in when the prices have moved up a lot.

shinratensei_

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Quote from: Thal on May 27, 2017, 04:26:28 AM

I just look at the Chart, and see that all things is red.
Seems that the buble is over, Hard Correction now ?

The bubble already over, Too late for you to join the party. Roll Eyes

All of the altcoin pegged to the bitcoin pair if the bitcoin gets dumped and a lot of the altcoin will get the decrease on its dollar pair.

Quote from: Thal on May 27, 2017, 04:26:28 AM

Should i sell and pickup at lower price ? what do you think ?

Just hold em all. The price may be stuck at the current rate.
Never try to take the big risk with sell all of your amount right now and waiting for the next dump (If it is possible)
It's very hard to determine about the movement of the bitcoin trend.

batang_bitcoin

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Quote from: Thal on May 27, 2017, 04:26:28 AM

I just look at the Chart, and see that all things is red.
Seems that the buble is over, Hard Correction now ?

Should i sell and pickup at lower price ? what do you think ?

Don't panic and don't get to ride with the hype of selling now. Be calm and focus with long term possibilities, think about that after the red signal, what's next? It's a green right, for sure we will be on that way very soon. So if I were you, I will not worry about it because you are only giving yourself an headache.

coinsmanager

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It's not that bad, Bitcoin has faced sharper declines in the past. It seems to be another correction. There is still potential for the price to return to previous levels, or perhaps close to that, but I can not say the same with altcoins.

Eclipse26

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Quote from: Thal on May 27, 2017, 04:26:28 AM

I just look at the Chart, and see that all things is red.
Seems that the buble is over, Hard Correction now ?

Should i sell and pickup at lower price ? what do you think ?

No. Never sell when downtrends ocured. Volitality is normal in crypto currency. For those panic sellers, they remains as newbie which loses money in the market.

AT101ET

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Quite standard to be honest and quite expected.
The growth we've been seeing has been unsustainable. Having been said the BTC new ATH has been set and next time the bounce will be even bigger.
As far as other crypto coins go that's just the way it is. When BTC falls most of them follow the same trend too.

dady12

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this is the second time I am experiences this kind of dumping of coins and I can tell you that I realize my mistake of not getting out of the market,I also learn that most coins get dump on weekend,I can tell you that I lost the little money I made but I won't be panic to sell as I did last time for the price to bounce back,now I am ready to take out my profit when the opportunity come again,I am still learning and I believe I am learning fast with this forum

BitcoinHodler

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HODLing is an art, not just a word...

a couple of days ago when everyone in altcoin board were saying this is a big bubble and were warning people to get out before the altcoin whales start dumping, nobody listened and now here we are at the dumping actually happening and now the freak out and the panic sells.

always try to be ahead of the market.

moviebuff777

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Look at this as a time to buy. Hopefully everyone sold some bitcoins when the price was over $2500 and now buy it back cheaper.

thymeow

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yes, checking out poloniex everything is going red. Is this a bad thing?
Do you guys think this is the best time to buy btc since everything is at a low price?

Patatas

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Quote from: Thal on May 27, 2017, 04:26:28 AM

I just look at the Chart, and see that all things is red.
Seems that the buble is over, Hard Correction now ?

Should i sell and pickup at lower price ? what do you think ?

If anyone else is wondering what has got him the panic attack,there you go.

I don't understand why you'' freak out when things start to show red marks.This isn't how trading works.You cannot expect to win always except bitcoins,they do.

asyakashi

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Quote from: Thal on May 27, 2017, 04:26:28 AM

I just look at the Chart, and see that all things is red.
Seems that the buble is over, Hard Correction now ?

Should i sell and pickup at lower price ? what do you think ?

Everyone feels panicked, and vying to sell bitcoin. The bloody altcoin effect. Holding a few days may be better than having to lose a lot.

Armando

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I've noticed long time ago that weekends are usually dump time for BTC/USD... probably the rate would be at least slightly corrected (other way than now)) Monday

stomachgrowls

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Quote from: asu on May 27, 2017, 04:40:50 AM

The key is to HODL to try or even sell it in lower. Just HODL and wait ofr the pullback always think tbat there's a pullback always happening like what hapenned yesterday that BITCOI price drops -$500 but pump more +$300. Well but nlw it's drops more so all i can say is HODL and sell it high wait for the pullback

Ive waiting for its pullback as of now to sell off or buy even more cheaper coins and you are right in every trade or correction of prices theres always a pullback which means its the best time to buy and sell off to secure profits even on short trades.I was little bit shocked when the bubble popped out too early and i was already got used to see the price of bitcoin is on the peak.

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