Halving Bitcoin happens, icebergs melt, the sea turns red. ??? - page 4.

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: Raja Singa on May 10, 2020, 03:12:19 PM

Could this be alright after halving happened?

There are two big famous citations in investing world:
"Buy the rumor, sell the news"
"Buy the rumor, sell the fact"

Halving was already priced in before it happens (rumor). When it happened, i.e, the fact, whales just sold out.

This is very common in investments of any asset.

kingzpro

member

Activity: 756

Merit: 13

DIFX - Digital Finacial Exchange

I do not know why we still worry about these dumps as we have already seen them a million times and we know that these are temporary especially if you understand the limited supply and deflationary model of btc and most of the crypto coins you will know that they are designed to grow in value over time, so i will suggest you to stay positive and just HODL.

Raja Singa

member

Activity: 98

Merit: 34

Quote from: bigcash2011 on May 10, 2020, 03:18:58 PM

Do not worry it is just the profit taking from big miners who were accumulating btc from last few months to cashout in profit, if tou know the future value and are in for long run do not panic with these dumps market will boom and we all know that halving has super bullish effect on the market just wait for a few months and you will see.

Yes, it might be bullish after halving occurs. But this is really crazy. See today's chart. How could prices fall without stairs.
What are they doing?

tycsols

member

Activity: 812

Merit: 10

BountyMarketCap

Bitcoin has all the potential to move back and i will consider this as a correction and i think the overall trend will remain and continue. Yes there is market manipulation by big whales because they take profit whenever they can, so do not forget that after the dip they will enter the market again that will create a bounce and probably market will be back up, i am not bothered by this dump as i am in for long run.

FLHippy

full member

Activity: 784

Merit: 101

It was predetermined that the price would fall before the halving, mass media pushed price up, newcomers come, but whales withdraw their profit, newcomers started to panic and we are where we were. Cheesy

bigcash2011

sr. member

Activity: 1442

Merit: 265

Do not worry it is just the profit taking from big miners who were accumulating btc from last few months to cashout in profit, if tou know the future value and are in for long run do not panic with these dumps market will boom and we all know that halving has super bullish effect on the market just wait for a few months and you will see.

Raja Singa

member

Activity: 98

Merit: 34

Halving Bitcoin keeps approaching. But the iceberg has melted. I see someone throwing away large amounts of Bitcoin. They sell to the lowest prices.
Are there lions that are afraid of donkeys?
Because this is not done by people who have thin wallets.
Maybe the whale wants to dive to the bottom of the sea.
I sleep a day, when I wake up, the sea has turned red.
Could this be alright after halving happened?

Topic: Halving Bitcoin happens, icebergs melt, the sea turns red. ??? - page 4. (Read 593 times)