what do you think about the few days deep - page 7.

boyptc

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Quote from: boyptc on February 24, 2021, 02:33:46 PM

Quote from: Christabel247 on February 24, 2021, 09:51:28 AM

Do we expect another deep soon?

No one can tell.

Panicking at such a drop will make you lose a lot if you have no certain plans before buying. You should have made a long-term plan and considered a drop to be faced by you and your investment.

But to give you an answer, we'll get an unlimited rise and as well as unlimited drop.

No one can answer such question so what you can do is prepare for the inevitable. Right now, if you will panic and sell, it will be your loss. When you are here in crypto market, expect there will be highs and lows, but no one can tell you when those times will happen. What you will read is just speculations of the market, so it is up to you how you will manage your funds.

It's never been a good idea to panic sell.

In my personal experience, I've just put myself into a lot of loss for doing that. It never does me good but instead, put myself into regret that I should've kept instead of panic selling.

Distinctin

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My honest take to this is that weak hands will do the selling while strong hands just keep relaxing. Negative minds will always be thinking failures and that is how it evolves in you.
Why you don't sell it when the price is high? It is that because you are thinking that the rally will continue and you are greedy to think that it will double or triple your money if you will keep holding until such a time that it dumps and you are in a panic. If you are in the lose now, there is nothing have to blame but just yourselves.

ven7net

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Quote from: Christabel247 on February 24, 2021, 09:51:28 AM

I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.

Do we expect another deep soon?
what is your intake, please be free to drop your comments.

I believe this drop means another major player bought BTC and other cryptocurrencies. Moreover, it was not a fall, but an opportunity to buy cheaper. Then the price will return to its previous highs and probably the next stage of growth. I also believe that 2021 will be the year of growth in the crypto market, but after that there will probably be a deep correction. In any case, we all now have a great opportunity to make money on cryptocurrency, especially from those who bought it earlier.

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Quote

I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.

Do we expect another deep soon?
what is your intake, please be free to drop your comments.

According to some researchers who conformed it, said altcoin is about to improve in the areas of pumping as never before. Since many altcoin investors really experienced failurr in their investment during the pandemic, that was causing bitcoin a massive pumping at the moment. Altcoin is about to put smile for the face of its customers, that experienced losses from their Investment.
The good news is that altcoin is about to take a lead among all cryptocurrencies, according to my personal research I carried out some few days ago, show that altcoin is about to hit $50k soon for other to start dumping.

Pzdrc

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Hello, guys what is your opinion on btc price, do you think it can hit again 55k before it goes up again to new ATH or maybe even lower than 55k, where do you think the floor can be or the resistance ? Thank you

nelson4lov

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Quote from: Christabel247 on February 24, 2021, 09:51:28 AM

~
Do we expect another dip soon?
what is your intake, please be free to drop your comments.

The market is very uncertain now. there's no way to be sure about what's going to happen. It just seems like the market is going into a consolidation phase which would give more than enough room for new entries since prices were on the high side since those were all time high prices.

Quote from: bittraffic on February 24, 2021, 11:56:28 AM

The dip was real. Like the ones who waited for this dip I too was looking for this opportunity, the only difference is that I have not bought some BTC nor tokens because I thought it will continue to dip for the whole week. One chance to buy the dip of ADA for as low as $0.80, that's how low it went yesterday. As with any typical bull run, there's correction here and there but as far as the trend stays in tact, we should be good.

What I think of it is that the good traders got the easy money well compare to the ones who overly analyze the dip.

Yeah, ADA's price dumped over 30% from the recent all time high giving more opportunities for new entries in order to join the next leg. It is recommended to keep in mind that we're currently buying tops so caution should be taken.

maxreish

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Quote from: Christabel247 on February 24, 2021, 09:51:28 AM

Do we expect another deep soon?
what is your intake, please be free to drop your comments.

As saying goes, "expect the unexpected". It's just a wrong timing that you bought eos at high price but that reminds me of buying that eos before when it was newly launched. Hype and fud spread before that it goes to the moon and I bought eos at $11 and sell it at $3. Lol. Because after that massive drop for eos, it hardly pump and recoveres from it's first introduced price.

However, if bitcoin showed another bullish trend. The only thing you can do is just to hold your bought eos and wait for it to pump again. As you can see, altcoins seems to follow the king's steps as they're also in bloody price as well.

marilynmanson21

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Quote from: Christabel247 on February 24, 2021, 09:51:28 AM

Do we expect another deep soon?
what is your intake, please be free to drop your comments.

if based on my analysis there will be another correction, but it won't be deep, maybe around 44k usd, it's just a moment and after that it goes up again, if you are in doubt save FIAT, but if you are not in doubt and hold on for the long term, then better save and reopen it in the next few months.

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Quote from: Christabel247 on February 24, 2021, 09:51:28 AM

Do we expect another deep soon?
what is your intake, please be free to drop your comments.

Always remember that the recent price dip was a former bull price. Take it easy. Instead of taking it as a negative, it's giving an opportunity for us to make another entry. In your situation, you got panic already that's why your emotion controls you.

A dip is a part of the healthy market. You should hug it from now or else your emotion will be the reason why you will have a failed portfolio.

Ridwan Fauzi

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Tecnically, if we see to the weekly candle indeed there is a sign that the bearish market will come. The previous weekly candle has been closed by the current candle. But we still need three days left to see what will happen.

But, it is just based on weekly candle, if see to high time like monthly time frame then we still in the bullish market. The monthly candle will be formed as a bullish belt hold which will give an indication that the bullish market still in control.

Questat

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Ohh, the dump has come, the bullish season had a step back and we are facing a huge market correction. These things can't be negative as we all know that dumping will certainly be happening anytime and there is nothing to worried about as this actually a common change that we experience since before.

if we wanted to sell, make it now. In fact, if the declines continue we can buy back again which is what the traders had usually done.

AliMan

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Quote from: Christabel247 on February 24, 2021, 09:51:28 AM

I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.

Do we expect another deep soon?
what is your intake, please be free to drop your comments.

I am expecting more opportunities to come, specially for those who failed to buy their favorite coins during bearish days. This is our best chance to purchase them, and wait for recovery to happen. However, we should be picky for selecting the prospected asset, because you may fail if you won't choose the right point when to buy. Analysis is always the best key in order to deal with it with a certain actions.

Tstar

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Quote from: Christabel247 on February 24, 2021, 09:51:28 AM

I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.

Do we expect another deep soon?
what is your intake, please be free to drop your comments.

I also managed to match some 'market orders' that took a deep dip, and I'm happy.

I don't expect any big dip soon without any notable bad news. This one was expected as Bitcoin can't go only in one direction.

palle11

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Correction as to cryptocurrency is a ritual just like the bull is also, it depends on the side that you are lucky or unlucky for fall under. The deep has always been in expectation if you have been reading threads here. You are a newbie maybe you are seeing the eaves of the market for the first time. The bull is not always steady and deep too this is how people/investors make profit, is controlled by demand to supply. I'm not feeling the deep is not normal because bitcoin as the king is dropping and it must affect the altcoins including etheruem.

boyptc

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Quote from: Christabel247 on February 24, 2021, 09:51:28 AM

Do we expect another deep soon?

No one can tell.

Panicking at such a drop will make you lose a lot if you have no certain plans before buying. You should have made a long-term plan and considered a drop to be faced by you and your investment.

But to give you an answer, we'll get an unlimited rise and as well as unlimited drop.

ScamViruS

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You will not see any market being pumped for forever, the market will always make price correction before the next movement. If you are new to the crypto market then you should have less idea about this kind of situation. But if you are an old crypto trader then you must know how the market actually works. The Altcoin market has undergone a lot of correction due to Bitcoin's large dump, but altcoin will try to recover quickly when the Bitcoin market is stable.

The work you have done is a common mistake for new crypto traders. I think you should learn more about trading without opening any new trades.

dunfida

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Quote from: Christabel247 on February 24, 2021, 09:51:28 AM

I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.

Do we expect another deep soon?
what is your intake, please be free to drop your comments.

Common mistakes of a noob on where they do easily react out and panic sell when they do saw that their portfolio is dropping in usd price and when the market
tends to make some recovery then thats the time they do make out some regrets.Its pretty common even experienced traders or investors arent exempted with
the market volatility so asking off on expecting for another dip soon then no one can really tell.Take this as a lesson learn for you and with due experience
you can really able to handle up your emotion which is really a big factor on affecting someones decision.

Rruchi man

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Quote from: Christabel247 on February 24, 2021, 09:51:28 AM

Do we expect another deep soon?

This is the dip before the setting of a new ATH. I like to view it as one step back, two steps forward. Let's keep our eyes ready to hear the good news of a new ATH after this drop.

Oceat

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It seems like you are new in the market if you don't know how to respond to something like an investment. You either hold it for a short or long amount of time depending when you would have to sell them. What you did is like scalping but in reality you were just panic selling due to what you feel by looking at your current investment.

The dip is resulted most probably by the tweet of Elon Musk plus considering those weak hands dumping just like what you did, OP. And now, new investors are having fun of buying the dip while gaining a profit when it's going to go up again. To tell you about what/when will this dip going to stop? No one actually knows it but look around here in the forum you will most likely gonna find what you were looking for.

The Cryptovator

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For the crypto, there is a dump after every pump and there is a pump after every dump. I wasn't surprised about the recent dump, because market growth was so quick. If something happens so quick then it would last for a long. From that zone, I am expecting slowly bitcoin correction would happen. So at the same time, the overall crypto market would on correction mode as well. But I am not worried about correction if the Bitcoin price stays above $40K. If bitcoin somehow plays a stable role then the overall crypto market would start to recover. I believe many bagholders are waiting for a correction. So, don't expect that price will grow continuously.

Topic: what do you think about the few days deep - page 7. (Read 1133 times)