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Topic: This year is dumping ground for bitcoin - page 6. (Read 688 times)

full member
Activity: 824
Merit: 104
PredX - AI-Powered Prediction Market
June 16, 2023, 02:31:33 AM
#4
All the time being this year has not really record a tangible price increase that's why people are dumping bitcoin for now. I consider more buy before now but I think is wise we use our wisdom to hold on or stay bitcoin idle for now, let's see what could have be the reason for this drastically continues price falling.
What did you do when btc rallied from $16000 to over $300,000, I see during that time many people including me made profits with bitcoin and the market. Recent issues have caused prices to drop and many people have panic and fear of harm, which is understandable because this market is always so volatile, depending on the level of research as well as investment strategy of each person that we will be able to achieve or fail next.

Am thinking weather is reducing in figures, or other market products have reduced its value, or have America caught Satoshi and warn him to stop this bitcoin from gaining value?
I'm not sure if things will cool down any time soon or will continue to stay quiet, but in the long term I see the positives or the negatives in this market as a way to fit in with the company price manipulation by influencers to suit the general economic situation.
hero member
Activity: 644
Merit: 661
- Jay -
June 16, 2023, 02:30:47 AM
#3
Above $25,000 is a dumping ground? Huh

Zoom out of the charts a little and realize that this is a perfectly normal dip in the market cycle, does not have anything to do with conspiracy theories.

but my advise is to reduce your buying strategies and watch.
My advice; buy while the prices are low.

- Jay -
sr. member
Activity: 854
Merit: 424
I stand with Ukraine!
June 16, 2023, 02:20:24 AM
#2
All the time being this year has not really record a tangible price increase that's why people are dumping bitcoin for now.
In market, it always have sellers who dump their bitcoins and oppositely there are buyers who load more bitcoins into their accounts or wallets. Do you mean dumping as selling? There are selling activities in the market, bull or bear.

Quote
I consider more buy before now but I think is wise we use our wisdom to hold on or stay bitcoin idle for now, let's see what could have be the reason for this drastically continues price falling.

Talk please, but my advise is to reduce your buying strategies and watch.
Two sentences are conflicting with each other. First you advice to buy. Second, you say reduce buying and stay watching.

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Am thinking weather is reducing in figures, or other market products have reduced its value, or have America caught Satoshi and warn him to stop this bitcoin from gaining value?
Catching Satoshi Nakamoto won't stop the Bitcoin network that is decentralized in nodes and mining hashrate.
jr. member
Activity: 55
Merit: 1
June 16, 2023, 02:05:55 AM
#1
All the time being this year has not really record a tangible price increase that's why people are dumping bitcoin for now. I consider more buy before now but I think is wise we use our wisdom to hold on or stay bitcoin idle for now, let's see what could have be the reason for this drastically continues price falling. Am thinking weather is reducing in figures, or other market products have reduced its value, or have America caught Satoshi and warn him to stop this bitcoin from gaining value? Talk please, but my advise is to reduce your buying strategies and watch.
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