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Topic: Dump market potential? - page 3. (Read 1145 times)

full member
Activity: 868
Merit: 190
web developer for hire
November 23, 2023, 03:51:08 AM
The problem with short sales is that it isn't guaranteed. If ppl buy with the intentions of selling quick to make smaller profits there's a possibility it won't work unless they hodl.

It's a decision for an investor to make but there's always going to be cases involving fake news or real worldly events which's going to make ppl reconsider their investments.

We will not have control over the price when we want to buy some BTC. A smarter play is to play short when the price reaches resistance. Apart from that, what makes the market volatile is that mass sales (whale sales) also have the potential to cause a deeper market fall, especially if accompanied by fake news. This is where it is important to read and understand market conditions for decision making so that you don't make mistakes to make money as stated above.
sr. member
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November 23, 2023, 12:39:52 AM
If we look at previous cases, we see that Covid is hampering world economic growth, even in crypto too, but it only slows it down, doesn't cancel what should happen (bullmarket).
So in my opinion, even if the war between Israel and Palestine is not over after the halving, the market will still rise even though it will be a little delayed. but we hope that the war between Israel and Palestine will end soon.
sr. member
Activity: 882
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November 22, 2023, 11:33:43 PM
I predict that war will be created to do things like this, create all this chaos and of course there will be those who benefit and lose from this chaos, one alternative that investors use is to look at market conditions simultaneously, they see and compare which sectors have the most affected by this, I think they will come in and out when it's time.
because without volatility it will be difficult to make money.

We will not have control over the price when we want to buy some BTC. A smarter play is to play short when the price reaches resistance. Apart from that, what makes the market volatile is that mass sales (whale sales) also have the potential to cause a deeper market fall, especially if accompanied by fake news. This is where it is important to read and understand market conditions for decision making so that you don't make mistakes to make money as stated above.
full member
Activity: 868
Merit: 190
web developer for hire
November 22, 2023, 05:28:39 PM
If ppl don't sell they're a minority who've got money to invest. All investors aren't able to hodl even if they're patient because their priority goes to paying bills. I'm trying to stack sats because it's all I can do. I'm not in a position to buy Bitcoin because it doesn't matter how fruitful the investment looks I don't have enough money.

The solution to these things in the market is not to sell, it is to know when the market can go up and know how to wait, it is Nothing more than that, a person who is not so Patient, so if he sells, that person will be the loser, No one else will see their waste of the Opportunity that life is Giving them, what I want is to always have money to buy all the bitcoin I can, because it is the only way I see to have a lot of money in the future, no There is another reason , you see , because I respect Everything they have been doing in other Investments , but the best in the world is Bitcoin.

hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
November 22, 2023, 02:10:24 PM
-snip-
I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
Markets are funny, and a surprising move is what Bitcoin would do in the face of any sectional war.

Just like it behaved in the wake of the Israel-Hamas escalation when it sold sharply but later recovered sharply after a few days. This way also did risk-on asset behaved, and in my experience, they do not get to hold so long bearish due to war between two nations. No matter what happens even if the Israel-Hamas war escalates to other regions, Bitcoin will survive it, after all, most people investing in Bitcoin are not from the regions, it's only a fraction of them that are there.

Even at that, the crypto assets of the investors there will still be intact, which is why I said that the market is funny, it will interpret it rightly over time and subdue any negative effects. The first interpretation might not be in favour but the market would quickly outweigh the effect and price it in quicker than thought. It's only the third world war that I know that might shake Bitcoin so much, not a sectional war like that.
sr. member
Activity: 1092
Merit: 342
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 22, 2023, 10:15:24 AM
The solution to these things in the market is not to sell, it is to know when the market can go up and know how to wait, it is Nothing more than that, a person who is not so Patient, so if he sells, that person will be the loser, No one else will see their waste of the Opportunity that life is Giving them, what I want is to always have money to buy all the bitcoin I can, because it is the only way I see to have a lot of money in the future, no There is another reason , you see , because I respect Everything they have been doing in other Investments , but the best in the world is Bitcoin.
hero member
Activity: 2688
Merit: 588
November 22, 2023, 08:31:46 AM
The war did have a short-term effect on crypto, such as the Russia and Ukraine war, the price of Bitcoin had plummeted and even crashed due to the beginning of the war and high inflation made central banks in almost all over the world, especially developed countries that were previously dovish, immediately turned hawkish.

They also raised interest rates on the pretext of taming inflation.
Because of this interest rate increase, Bitcoin CS was disrupted and crashed.

When the Russia-Ukraine war happened, many people changed their views about investment, where previously many people were hunting for risky assets,
after the war they tended to play it safe by investing in safe haven assets.

But during the Israel and Palestinian War, Bitcoin assets were not greatly affected because Bitcoin seemed to adapt to the state of war and people started learning from previous war states.

Now even the price of Bitcoin is rising and entering a bullish trend, able to hold above the price of $ 30k and become a strong support.
and some Volunteer Organizations also do Crowdfunding by asking for donations using cryptocurrencies and much give in the form of BTC, ETH, LTC, DOGE etc.
It can be said that bitcoin is also a part of the economy, so there will definitely be negative/positive impacts if the world economy has problems. But those effects will not last forever, one day bitcoin will gradually escape the effects and recover. That's also what happened when the war between Russia and Ukraine was still tense, the world economy was still bad but bitcoin had recovered more than 100% of its value since its lowest price. So let's not let those effects affect our psychology and bitcoin investment.
Bitcoin is not a part of the economy because it isn't legalized or recognized as a legal tender in all countries except for one or two, and something that doesn't have a legal existence in a country cannot be a part of its economy. People buying and selling Bitcoins in online exchanges aren't adding or taking anything from the economy. So, I don't think that we can consider Bitcoin a part of an economy when it's not yet legalized and isn't regulated by the authorities.

Wars might affect the price of Bitcoin and the market because people in countries that are at war might think of using Bitcoin as a way to save their wealth or savings from getting devalued and we know when the demand increases all of a sudden, the price of Bitcoin tends to increase as well based on the rule of supply and demand.
full member
Activity: 868
Merit: 190
web developer for hire
November 22, 2023, 08:01:43 AM
Buying at low price isn't bad but buying before the market's bottomed out is a very bad idea. The ppl you're mentioning who've taken risks must be in a position where they're able to absorb losses or else they wouldn't take big risks.

I don't agree with you because FUD and FOMO isn't the best time to buy or sell bitcoin because ppl should invest at the right time.

I'm not afraid of FOMO I'm advising ppl to buy when they're comfortable I don't want ppl to buy when other ppl have bought it only to encourage others to copy them.

I can't agree with your assessment because if bitcoin's dumped we shouldn't be excited. It isn't sensible for you advising ppl to buy bitcoin if it's being dumped. When we're looking at a volatile market it's worrying if ppl start buying bitcoin because they're reading posts encouraging them to take risks.

FOMO's spread out of control here.
Do you want to receive high profits? Do you want to accumulate more bitcoins and most importantly, do you believe in the future of bitcoin? If you have those, why would buying at a low price be bad for you? The people who make the highest profits in the market are those who take risks. Those who were fearless and bought bitcoin when it dropped to $15k last year are reaping huge profits. While those who started buying when bitcoin prices started to rise are still losing money. Fomo or Fud are both things the market needs so we can buy low and sell high. Why are you afraid of Fomo?
hero member
Activity: 1932
Merit: 535
Leading Crypto Sports Betting & Casino Platform
November 22, 2023, 07:18:05 AM
I can't agree with your assessment because if bitcoin's dumped we shouldn't be excited. It isn't sensible for you advising ppl to buy bitcoin if it's being dumped. When we're looking at a volatile market it's worrying if ppl start buying bitcoin because they're reading posts encouraging them to take risks.

FOMO's spread out of control here.

I even think that if bitcoin is dumped then not only should we not panic but instead we should get excited and buy more of it. If we want big profits then buying low and selling high is the right thing to do, it is not the time to panic. But I disagree with you that the market is becoming more volatile. The market is gradually becoming more stable as it becomes more popular and larger. It's easy to see that bitcoin is bringing less and less profit, we no longer see bitcoin increasing by 10000% or 1000% but instead by x2, x3. And this number will get smaller as bitcoin gets bigger.

Do you want to receive high profits? Do you want to accumulate more bitcoins and most importantly, do you believe in the future of bitcoin? If you have those, why would buying at a low price be bad for you? The people who make the highest profits in the market are those who take risks. Those who were fearless and bought bitcoin when it dropped to $15k last year are reaping huge profits. While those who started buying when bitcoin prices started to rise are still losing money. Fomo or Fud are both things the market needs so we can buy low and sell high. Why are you afraid of Fomo?
full member
Activity: 868
Merit: 190
web developer for hire
November 22, 2023, 05:59:50 AM
I can't agree with your assessment because if bitcoin's dumped we shouldn't be excited. It isn't sensible for you advising ppl to buy bitcoin if it's being dumped. When we're looking at a volatile market it's worrying if ppl start buying bitcoin because they're reading posts encouraging them to take risks.

FOMO's spread out of control here.

I even think that if bitcoin is dumped then not only should we not panic but instead we should get excited and buy more of it. If we want big profits then buying low and selling high is the right thing to do, it is not the time to panic. But I disagree with you that the market is becoming more volatile. The market is gradually becoming more stable as it becomes more popular and larger. It's easy to see that bitcoin is bringing less and less profit, we no longer see bitcoin increasing by 10000% or 1000% but instead by x2, x3. And this number will get smaller as bitcoin gets bigger.
hero member
Activity: 2870
Merit: 594
November 22, 2023, 04:45:47 AM
CZ resigned from Binance has some dump potential.   News article says he is facing a year plus sentence and had to post a bail amount in the 9 figures size.   I dont know thats true but the disruption of a major crypto company could be enough to pause any buying and trigger a swing to selling.   The ETF refusal or delay is another reason, against that is the backdrop of the dollar index in some decline still which doesnt support a generally negative view unless it also switches its behavior hence I think any sell is smaller rather then larger.  

https://twitter.com/cz_binance/status/1727063503125766367?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1727063503125766367%7Ctwgr%5Ef3f54008a8152da96a1682487fee26e7b25e958d%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.fxstreet.com%2Fcryptocurrencies%2Fnews%2Fbreaking-cz-confirms-resignation-as-ceo-takes-responsibility-for-wrongdoing-and-says-binance-is-not-a-baby-202311212042


Justice department and partners announce cryptocurrency enforcement actions  - $4.3bn
https://www.youtube.com/watch?v=_XEVCOhtLac
Yeah, however, it didn't deter the market for now, I mean we have reach $37k and then we are in the mids $36k. If this news has a negative impact by now we should be seeing the market going into a dump state, but so far not of this is happening.

But I do agree that this is a breakout news, hopefully we will survived with this kind of negative media.

And there is also speculation that BlackRock has something to do with it, but I don't know, this huge entities have their own narratives behind so we don't know who's who behind the attacks on Binance, it is just SEC or some big entities as well and wanted to take them down.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
November 22, 2023, 03:03:14 AM
snip
I could say that Bitcoin market had never been that reactive if we do speak into those early years on which sentiments and fundamentals doesnt really give out that kind of effect on crypto space
but now that institutional funds and investment do set in, then it do really turns out that it is really that making out reactions whenever we do see those economic news on which basing up into my own
understanding and analysis that it is one of the main reasons on why it is really that taking effects in regarding with these economic type of news.


That's the price we have to pay if we want bitcoin and cryptocurrencies to become more popular. When not too many people know about the market, it will be less affected by external influences, but when it becomes popular and many organizations and governments participate in the game, it will be affected a lot from outside is inevitable. We cannot be too greedy to want it to become popular but completely separate from the world, that is impossible because this world is completely controlled by humans, bitcoin is just a market, a type of asset used by humans.
This is also a factor why we can't see the price of Bitcoin become stable and with a lot of factors influencing the market and minds of the people, we can't expect that all of us will just hold as some people will also sell. With the status of Bitcoin's popularity, it has indeed continued growing but we should not be afraid if ever the dump comes because it will certainly be rising back just like before. I think we accept the fact that the market is becoming more volatile than before and we can no longer expect that what happened in the past will be the same for the coming days.

I even think that if bitcoin is dumped then not only should we not panic but instead we should get excited and buy more of it. If we want big profits then buying low and selling high is the right thing to do, it is not the time to panic. But I disagree with you that the market is becoming more volatile. The market is gradually becoming more stable as it becomes more popular and larger. It's easy to see that bitcoin is bringing less and less profit, we no longer see bitcoin increasing by 10000% or 1000% but instead by x2, x3. And this number will get smaller as bitcoin gets bigger.
STT
legendary
Activity: 4088
Merit: 1452
November 22, 2023, 02:53:35 AM
CZ resigned from Binance has some dump potential.   News article says he is facing a year plus sentence and had to post a bail amount in the 9 figures size.   I dont know thats true but the disruption of a major crypto company could be enough to pause any buying and trigger a swing to selling.   The ETF refusal or delay is another reason, against that is the backdrop of the dollar index in some decline still which doesnt support a generally negative view unless it also switches its behavior hence I think any sell is smaller rather then larger.  

https://twitter.com/cz_binance/status/1727063503125766367?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1727063503125766367%7Ctwgr%5Ef3f54008a8152da96a1682487fee26e7b25e958d%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.fxstreet.com%2Fcryptocurrencies%2Fnews%2Fbreaking-cz-confirms-resignation-as-ceo-takes-responsibility-for-wrongdoing-and-says-binance-is-not-a-baby-202311212042


Justice department and partners announce cryptocurrency enforcement actions  - $4.3bn
https://www.youtube.com/watch?v=_XEVCOhtLac
sr. member
Activity: 2436
Merit: 343
November 21, 2023, 04:48:58 PM
snip
I could say that Bitcoin market had never been that reactive if we do speak into those early years on which sentiments and fundamentals doesnt really give out that kind of effect on crypto space
but now that institutional funds and investment do set in, then it do really turns out that it is really that making out reactions whenever we do see those economic news on which basing up into my own
understanding and analysis that it is one of the main reasons on why it is really that taking effects in regarding with these economic type of news.


That's the price we have to pay if we want bitcoin and cryptocurrencies to become more popular. When not too many people know about the market, it will be less affected by external influences, but when it becomes popular and many organizations and governments participate in the game, it will be affected a lot from outside is inevitable. We cannot be too greedy to want it to become popular but completely separate from the world, that is impossible because this world is completely controlled by humans, bitcoin is just a market, a type of asset used by humans.
This is also a factor why we can't see the price of Bitcoin become stable and with a lot of factors influencing the market and minds of the people, we can't expect that all of us will just hold as some people will also sell. With the status of Bitcoin's popularity, it has indeed continued growing but we should not be afraid if ever the dump comes because it will certainly be rising back just like before. I think we accept the fact that the market is becoming more volatile than before and we can no longer expect that what happened in the past will be the same for the coming days.
sr. member
Activity: 560
Merit: 282
I like to treat everyone as a friend 🔹
November 21, 2023, 11:05:47 AM
The halving of the Bitcoin market is not very long due to which its value is increasing tremendously. Moreover, currently we have seen that the Bitcoin market has gone to a good high position which was not there before, the green candlesticks in the market are looking very good. We think that Bitcoin price will develop further in 2024 as Bitcoin price has increased a lot before the end of 2023. Accordingly, Bitcoin price is likely to be in a good position when we are in a halving situation. As the price of Bitcoin is currently bullish, we can be sure that 2024 has good things in store for Bitcoin. When the ETF contract signings are completed, the price of Bitcoin will increase more rapidly, and we may see a bull market when the price of Bitcoin continues to gradually move higher.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
November 20, 2023, 09:57:48 PM
snip
I could say that Bitcoin market had never been that reactive if we do speak into those early years on which sentiments and fundamentals doesnt really give out that kind of effect on crypto space
but now that institutional funds and investment do set in, then it do really turns out that it is really that making out reactions whenever we do see those economic news on which basing up into my own
understanding and analysis that it is one of the main reasons on why it is really that taking effects in regarding with these economic type of news.


That's the price we have to pay if we want bitcoin and cryptocurrencies to become more popular. When not too many people know about the market, it will be less affected by external influences, but when it becomes popular and many organizations and governments participate in the game, it will be affected a lot from outside is inevitable. We cannot be too greedy to want it to become popular but completely separate from the world, that is impossible because this world is completely controlled by humans, bitcoin is just a market, a type of asset used by humans.
full member
Activity: 868
Merit: 190
web developer for hire
November 20, 2023, 05:26:39 PM
You could think that or they could simply be pointing out past surges which if we follow surely means an ath in late 2024 or early 2025.
I can't say surely because there isn't a guarantee it's going to happen. It isn't a fact it's going to happen so if bitcoin doesn't get ATH what are ppl going to do. I know they're pointing to past surges or ATH but it doesn't mean their enthusiasm's correct.

The question is why are you being negative? Not why are they being positive.
I wouldn't say I'm being negative. I'm cautious because I don't believe FOMO's the reason why ppl should invest in bitcoin.

What makes you think the pattern fails to repeat?

Mind you sometime this happens I am interested in why you think we crash soon and dont go to 42-45k by dec 31 this year.
You've said it yourself it sometimes it happens so that's why I've said the pattern can fail to repeat. I don't see any negativity if I'm being cautious. I'll be happy if bitcoin becomes $42k or $45k.
hero member
Activity: 2730
Merit: 632
November 20, 2023, 04:23:24 PM
-snip-
However, I don't see it a barrier investing with wars happening in some countries. As long as it does not affect mine, then I'll continue to invest and accumulate maximum amount of bitcoin if there are opportunities. One certain thing  I learned from all these wars and the incoming wars, those wars will not leave long lasting effect on our investments particularly bitcoin. So just keep the stamina to invest and never quit, you will still come up successful whatever your investment is.

The war did have a short-term effect on crypto, such as the Russia and Ukraine war, the price of Bitcoin had plummeted and even crashed due to the beginning of the war and high inflation made central banks in almost all over the world, especially developed countries that were previously dovish, immediately turned hawkish.

They also raised interest rates on the pretext of taming inflation.
Because of this interest rate increase, Bitcoin CS was disrupted and crashed.

When the Russia-Ukraine war happened, many people changed their views about investment, where previously many people were hunting for risky assets,
after the war they tended to play it safe by investing in safe haven assets.

But during the Israel and Palestinian War, Bitcoin assets were not greatly affected because Bitcoin seemed to adapt to the state of war and people started learning from previous war states.

Now even the price of Bitcoin is rising and entering a bullish trend, able to hold above the price of $ 30k and become a strong support.
and some Volunteer Organizations also do Crowdfunding by asking for donations using cryptocurrencies and much give in the form of BTC, ETH, LTC, DOGE etc.

It can be said that bitcoin is also a part of the economy, so there will definitely be negative/positive impacts if the world economy has problems. But those effects will not last forever, one day bitcoin will gradually escape the effects and recover. That's also what happened when the war between Russia and Ukraine was still tense, the world economy was still bad but bitcoin had recovered more than 100% of its value since its lowest price. So let's not let those effects affect our psychology and bitcoin investment.
I could say that Bitcoin market had never been that reactive if we do speak into those early years on which sentiments and fundamentals doesnt really give out that kind of effect on crypto space
but now that institutional funds and investment do set in, then it do really turns out that it is really that making out reactions whenever we do see those economic news on which basing up into my own
understanding and analysis that it is one of the main reasons on why it is really that taking effects in regarding with these economic type of news.

Dump market potential? It is really that always possible or could really happen anytime. Lets say that economical news  doesnt really give out that much effect? Think again.
Now that intitutional funds are circulating around crypto market space then expect that these things would really be something relevant or something that would really be
giving out that kind of reaction on which it is really just that something right that we should know on how to make up decisions varying
into it.
hero member
Activity: 2282
Merit: 589
November 20, 2023, 03:59:34 PM
It can be said that bitcoin is also a part of the economy, so there will definitely be negative/positive impacts if the world economy has problems. But those effects will not last forever, one day bitcoin will gradually escape the effects and recover. That's also what happened when the war between Russia and Ukraine was still tense, the world economy was still bad but bitcoin had recovered more than 100% of its value since its lowest price. So let's not let those effects affect our psychology and bitcoin investment.
Fluctuation markets will be vulnerable to external influences related to the global economy during inflation from the impact of the Russian and Ukrainian wars, but crypto prices have achieved an increase of %100+ in the last 2 months and the crypto market proves that the influence of inflation cannot forever stress crypto market prices, so many Other factors supporting Bitcoin's rise to reach high prices include news related to official ETF approval next year and many other news that have a positive impact on the potential for price increases to reach a new ATH in the next few years.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
November 20, 2023, 10:22:54 AM
-snip-
However, I don't see it a barrier investing with wars happening in some countries. As long as it does not affect mine, then I'll continue to invest and accumulate maximum amount of bitcoin if there are opportunities. One certain thing  I learned from all these wars and the incoming wars, those wars will not leave long lasting effect on our investments particularly bitcoin. So just keep the stamina to invest and never quit, you will still come up successful whatever your investment is.

The war did have a short-term effect on crypto, such as the Russia and Ukraine war, the price of Bitcoin had plummeted and even crashed due to the beginning of the war and high inflation made central banks in almost all over the world, especially developed countries that were previously dovish, immediately turned hawkish.

They also raised interest rates on the pretext of taming inflation.
Because of this interest rate increase, Bitcoin CS was disrupted and crashed.

When the Russia-Ukraine war happened, many people changed their views about investment, where previously many people were hunting for risky assets,
after the war they tended to play it safe by investing in safe haven assets.

But during the Israel and Palestinian War, Bitcoin assets were not greatly affected because Bitcoin seemed to adapt to the state of war and people started learning from previous war states.

Now even the price of Bitcoin is rising and entering a bullish trend, able to hold above the price of $ 30k and become a strong support.
and some Volunteer Organizations also do Crowdfunding by asking for donations using cryptocurrencies and much give in the form of BTC, ETH, LTC, DOGE etc.

It can be said that bitcoin is also a part of the economy, so there will definitely be negative/positive impacts if the world economy has problems. But those effects will not last forever, one day bitcoin will gradually escape the effects and recover. That's also what happened when the war between Russia and Ukraine was still tense, the world economy was still bad but bitcoin had recovered more than 100% of its value since its lowest price. So let's not let those effects affect our psychology and bitcoin investment.
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