Is the market going to dump like that 2018?

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Quote from: zletmon on December 26, 2021, 05:36:45 PM

Anything is possible, but with the support it has at the moment, it would seem very rare that it could be repeated with the same intensity.

For now, I only see normal and expected corrections.

with so many rich advertising and buying it became very difficult for the price to drop as in 2018, that scenario of 2018 will not be repeated because there is a lot of demand today while in 2018 the demand was thanks to the pump and dump of ICOs and also fork hard of BCH and futures entry

Quote from: blatchcorn on December 26, 2021, 01:16:27 PM

Quote from: Cling18 on December 26, 2021, 12:54:45 PM

Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

Corrections like this normally happen but you shouldn't see it as a negative thing all the time but rather take it as an opportunity to buy and accumulate more. The market needs correction because it will also benefit the investors who are waiting for low-affordable coins. We shouldn't fear the dip because it's part of the crypto cycle.

No market can go only up, its natural that market keep taking correction. See for instance, bitcoin fall to 45k six days back and now its on 50k. Those who saw this dip as buying opportunity are enjoying the profit after the Christmas. Those who feared this dip are cursing the missed opportunity.

this reminds me of shiba fans who believed that altcoin would only rise and not fall

zletmon

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Anything is possible, but with the support it has at the moment, it would seem very rare that it could be repeated with the same intensity.

For now, I only see normal and expected corrections.

blatchcorn

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Quote from: Cling18 on December 26, 2021, 12:54:45 PM

Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

Corrections like this normally happen but you shouldn't see it as a negative thing all the time but rather take it as an opportunity to buy and accumulate more. The market needs correction because it will also benefit the investors who are waiting for low-affordable coins. We shouldn't fear the dip because it's part of the crypto cycle.

No market can go only up, its natural that market keep taking correction. See for instance, bitcoin fall to 45k six days back and now its on 50k. Those who saw this dip as buying opportunity are enjoying the profit after the Christmas. Those who feared this dip are cursing the missed opportunity.

Cling18

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

Corrections like this normally happen but you shouldn't see it as a negative thing all the time but rather take it as an opportunity to buy and accumulate more. The market needs correction because it will also benefit the investors who are waiting for low-affordable coins. We shouldn't fear the dip because it's part of the crypto cycle.

ultrloa

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Quote from: TheGreatPython on December 26, 2021, 08:10:01 AM

Quote from: ultrloa on December 25, 2021, 11:23:56 AM

once FUD enter the scene, those weak hands investors will eventually going to dump their shit because they always think that bitcoin is like what happened in 2018.

Not just FUD, even when technical analysis shows about possible correction then we are seeing hard dumps to happen. Usually after strong rally, crypto markets do go for downfall trend when people start profit booking.

I don't know if that was the work of the whales or is it just how people would react to a sudden FUD. I am uncertain about the market for now since it's quite different from the past and making any price prediction these days might not work or maybe this is how whales are playing with us. Next year will be a another long time of waiting again until bitcoin break another new ATH.

TheGreatPython

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Quote from: zulfi125 on December 25, 2021, 10:22:26 AM

the market is slow and dumped and waiting for a bull run that will start by the end of 2021 or starting from January 2022, so wait and hold your altcoins for the bull run.

Yeah you are right, bitcoin market has already started its bull run recently like you have mentioned and it may continue its rally with the help of institutional investors toward $100k or beyond that. So, there would be very very lesser chances for bitcoin be dumped harder from this point and for next 3 to 5 months.

Quote from: ultrloa on December 25, 2021, 11:23:56 AM

once FUD enter the scene, those weak hands investors will eventually going to dump their shit because they always think that bitcoin is like what happened in 2018.

Not just FUD, even when technical analysis shows about possible correction then we are seeing hard dumps to happen. Usually after strong rally, crypto markets do go for downfall trend when people start profit booking.

ultrloa

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Quote from: zulfi125 on December 25, 2021, 10:22:26 AM

The market is not going to dump like 2018 because there are many strong signals for the market, now many financial institutions are involved in the crypto industry, the market is slow and dumped and waiting for a bull run that will start by the end of 2021 or starting from January 2022, so wait and hold your altcoins for the bull run.

If you say so but I have a doubt if the market won't dump after the pump next year. If bitcoin could sustain the price like what it was doing in the past few months maybe the market could sustain a very long bullish trend but once FUD enter the scene, those weak hands investors will eventually going to dump their shit because they always think that bitcoin is like what happened in 2018. I think they were the people who do buy during the peak on 2017 but lost when the market dump. So, they have to force to sell at a very low price instead of holding it.

AicecreaME

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Quote from: jackg on December 14, 2021, 12:04:02 AM

Quote from: tokyohd on December 13, 2021, 11:40:29 PM

What do you suggest in such a situation?

Normally do nothing...

When everyone's excited about something, that's the point to sell. When people are disappointed, that might be the time to buy some more but when people are neutral and most have mixed feelings, it's normally best just to wait.

Mixed feelings don't normally cause dumps afaik too.

That being said, don't invest more than you can reasonably afford to lose.

I agree.

There's nothing to lose if you're just gonna wait for the right time, especially if you don't need the money. But that doesn't mean that you won't stay updated, it is important to know what's the update about that coin you are holding. Trading because you're afraid of bear market is just typically saying that you're ready to throw away the time you've spent hodling your token(s).

It's about losing your opportunity for a while and losing your profit forever.

zulfi125

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The market is not going to dump like 2018 because there are many strong signals for the market, now many financial institutions are involved in the crypto industry, the market is slow and dumped and waiting for a bull run that will start by the end of 2021 or starting from January 2022, so wait and hold your altcoins for the bull run.

Sayeds56

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

I don't think that we will see repetition of 2018 though everything is possible in crypto space but it is unlikely to happen as it is 2021 not 2018 when Bitcoin rise was based on speculation. There is huge awareness about crypto and institutional involvement now and Market cap is many fold higher now. Mass adoption is also advancing at good space and counties like Salvador adopting Bitcoin as legal tender and many more countries are likely to follow it. There are all signs of crypto strength so in my opinion what happened in 2018 won't happen now though Bitcoin can fall and get its price corrected.

blockman

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Quote from: airdata on December 21, 2021, 11:50:04 PM

I used this Strategy but it is true that have risk but if someone follow market then easily they can Earn extra profit in Red market. I bought a coin 0.16 Sent for long term, suddenly market crashed and and my coin price has 0.12 and i understand that it will more dump, then i sell my coin and rebuy it 0.10.

Anyone is viable to earn a profit during the red days. It's not exclusive to anyone that follows the market but it's for everyone that does their research and does the analysis of what the market is going to be. The logic of buying and selling is easy to understand and if you've been doing that buy low and sell high strategy for a long time. You can adjust whenever you want as long as you see and what does the market shows during that time of your trades. As everyone is waiting for some turnover and signs of 2022 to show the bear market, it's hard to determine because we don't know when it will come.

Silberman

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Quote from: wildan88 on December 22, 2021, 12:15:44 AM

Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

I doubt that, even it is possible that it may dump like 2018 it doesn't mean that it will happen if you are going to look at 1 day chart you will see that we are consolidating and not crashing my prediction is by January or start of February the Bitcoin will pump to around $80,000 and the altcoins will follow, it is also good to load some Ethereum now I can guarantee that it is one of the good long term investment.

People are fearing that the same that happened during 2018 will happen during 2022 but what they do not seem to understand is that markets change, the market of cryptocurrencies of today is not the same as the market of cryptocurrencies we had back then, this market is way more mature, and now we have more strong hands holding their coins no matter what which at the same time have a great deal of money waiting on the sidelines to buy more bitcoin in the case its price drops, so if we see a bear market it is not going to be as big as the one we saw in 2018.

TheGreatPython

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

Yes man, the market can go any direction at any given moment. You just never know the right time exactly, and now the market has become bearish, this can as well last for a long time before another bull run. That’s why, any time you see the opportunity to get into the market while it is bullish, you shouldn’t play with such an opportunity, make sure to take it.

Once the main bull run is over, for you to see anything close to that again it is going to really take long. And where it is usually worst is when you buy the asset when it is at its peak before it starts crashing. But I’d still say to not worry much about it and best to have patience.

Zanab247

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I guess there will be a little different from 2018 and 2021 dumping because there are some signs many coins are developing in the market right now, that is giving many customers hope that there must be massive pumping before the end of December. Most of the red light are changing to green light few days ago which something positive can still happen before the end of 2021.
Bitcoin price has moved from $45 to $50 that is making many customers to rushed into the market to sell their coins to make profit. Some customers are still waiting for the price to hit $70 before they can release all their coins to the market to earn well from this year 2021.

wildan88

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

I doubt that, even it is possible that it may dump like 2018 it doesn't mean that it will happen if you are going to look at 1 day chart you will see that we are consolidating and not crashing my prediction is by January or start of February the Bitcoin will pump to around $80,000 and the altcoins will follow, it is also good to load some Ethereum now I can guarantee that it is one of the good long term investment.

airdata

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Quote from: NeuroticFish on December 14, 2021, 05:48:51 AM

* sell and buy back when the price drops more (if it will drop more)

I used this Strategy but it is true that have risk but if someone follow market then easily they can Earn extra profit in Red market. I bought a coin 0.16 Sent for long term, suddenly market crashed and and my coin price has 0.12 and i understand that it will more dump, then i sell my coin and rebuy it 0.10.

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Quote from: nhaila on December 18, 2021, 04:55:21 PM

Although the cryptocurrency market is always volatile and observed in a general manner. So rise and fall is always a normal process. The rise and fall of the cryptocurrency market has been a concern for investors for some time now. Many investors think that maybe 2018 is going to re-enter the currency.

It is because that there's a quick dump that made them nervous and thought that we're be going through the same process and bear market. There's the likelihood that it can but there's also the chance that it won't be. Whether we'd be having the same year next year or not, you just have to bear with it and make sure that you take the chance if ever you see the price drops a lot. But if not, make still a good decision that you'll be able to benefit if it goes the opposite.

blatchcorn

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

Those who cant see red light must not do any sort of trading whether its crypto or any other trading. There is equal possibility of 2018 like dump or 100,000$ from here. Keep one thing in your mind, nobody here can predict crypto market with certainty. My few satoshis are that its because of Christmas investors are taking break thats why bears have taken over. After christmas market will be fine once again.
P.S: DYOR before you made any decision.

Silberman

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

If you are taking huge losses then by all means stop trading for the time being, you do not have to quit for good, but it is time to examine what you have been doing and see if there is something you can do to improve and reduce the losses you have been suffering, sometimes there is nothing wrong and you have been doing everything right and you still lose several trades in a row, however if you are not really following your strategy or if you do not have one then it is time to go back to the drawing board and start from scratch as you will not last long with those bad results.

nhaila

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Although the cryptocurrency market is always volatile and observed in a general manner. So rise and fall is always a normal process. The rise and fall of the cryptocurrency market has been a concern for investors for some time now. Many investors think that maybe 2018 is going to re-enter the currency.

Topic: Is the market going to dump like that 2018? (Read 613 times)