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Topic: What would be the signs a big dip is coming - page 2. (Read 534 times)

member
Activity: 340
Merit: 15
Looking over the thread I am kind of surprised no one mentioned a dip happens when there is a fork of a new coin for that particular cryptocurrency.

Naturally I thought it halved the amount of the currency in question right after the fork on the blockchain occurs but after the last time it happened to bitcoin per se. That did not happen like it does for stocks when they create an A and B product of the same stock that has become to large to manage under one symbol on the stock market.
member
Activity: 546
Merit: 17
IMO this year there is no sign of anything (increase or decrease)
if there is a big rise there is likely to be a sudden price slump and vice versa. the situation is still normal.
pretty hard to see such a thing, only in 2018 there will be many unexpected surprises because a little bird told me about something like this before.
full member
Activity: 406
Merit: 102
I am not of an expert too but in my own experience as a short time trader, if there is a big oumo and reach a maximum point, there will probably be a dump.
Maybe for a reason of some gets really worried and just want to get all the profits out before anything happens and when there are a lot of people selling, then many would panic sell.
These kind of things always happen and everyone could notice it to happen. A single FUD could bring the price down in a single blow you know.
legendary
Activity: 1442
Merit: 1025
The behavior of the cryptocurrency has no templates. No one can predict the behavior of prices. Trading cryptocurrencies are not governing factors. Simultaneous actions of whales can change the behavior of the market in any direction. The success of the cryptocurrency market is more dependent on luck.
Far impossible to predict, but for someone who is knowledgeable on how to make use of the charts and indicators, as well as support and resistance to their advantage, they should be able to make some decisions based on that effectively. We are always expecting an outcome, and the thing with trading is to keep asking yourself that, if this happens, what will happen next and that is how you are able to analyze.

One thing you should always understand is that, unless you are just gambling your position, the market one way or the other will always be a few steps ahead of you to confirm a position and also one of the reasons you do not joke with your stop loss.

However, if you are looking for a dip, you should be ready to know how to analyze candles, understand bearish situations as well as divergence, and with that, you should be able to get into a market that is about to switch to the downtrend, but the market will always give you time to make that decision.
hero member
Activity: 1526
Merit: 596
I was expecting a dip before now but it's not happened.  What are the signs a big dip is about to happen.  Would it be at a particular time of day or would there be signs in the price that a fall is about to come.   Or would it be totally unexpected and just suddenly happen.  And the same for a huge rise?

If you knew the signs, why bother speculating? Everyone would just follow the trends for the pumps and the dumps and act before it actually happens.

Some signs could really go both ways, such as sideways movement of bitcoin. It could mean that it's just consolidating before the next big pump, or it could be testing support at a lower level. There is no definitive sign of a big dip coming.

But usually, if you see the price of bitcoin increase for no reason other than sheer speculation, you can most likely be sure that it's a bubble, and a correction is imminent sooner or later. Matter of time, really.
hero member
Activity: 1246
Merit: 529
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There is no specific way to know if bitcoin will dump but yes FUD news is the easiest way to do so. Those who bought at a lower price are lucky, but those who sold it because its dumping are the real looser. Don’t just depend on any sign or what, make your own study on how to read the market.

Usually technical analysts use the charts and read candlesticks to try and predict where the price will go but time and time again, btc has debunked a lot of predictions. I agree that its more reactive to news in the crypto world than TAs . So be aware of what's going on around bitcoin Cheesy
hero member
Activity: 3080
Merit: 603
February 28, 2018, 10:50:48 PM
#22
the easiest sign of an upcoming big dip is a big rise!
Plausible! A dip is expected to come when there's a big pump that recently happened and this is what's on my mind when we got in to $19,000 but I'm a fool that I became greedy and sold only few of my bitcoin. If I just followed my plan and executed it very well, probably my one bitcoin is already two now.  Undecided
I'm also not convinced that people who manage to buy into dips are that much smarter than others. Luckier, perhaps.
I'm impress with people who will support their decision of buying at dip with proper TA but if there's none, its pure luck.
full member
Activity: 2128
Merit: 180
February 28, 2018, 10:25:41 PM
#21
There is no specific way to know if bitcoin will dump but yes FUD news is the easiest way to do so. Those who bought at a lower price are lucky, but those who sold it because its dumping are the real looser. Don’t just depend on any sign or what, make your own study on how to read the market.
legendary
Activity: 1232
Merit: 1091
February 28, 2018, 06:51:14 PM
#20
I'm also not convinced that people who manage to buy into dips are that much smarter than others. Luckier, perhaps.

It depends. Smart money buys and sells in smaller fractions, where dumb money goes all in or all out. From there it's pretty easy to assume that smart money has more room for mistakes, which it can correct at any time when needed to still benefit. In other words, they are less dependent on the market to move in a certain direction, because they benefit from both up and down movements if done well. Luck is just one of the factors when it comes to trading, but even when it was the only factor, with the aforementioned in mind, smart money most of the times manages to get around that luck factor pretty easily, which makes the difference.
legendary
Activity: 1834
Merit: 1036
February 28, 2018, 06:30:35 PM
#19
the easiest sign of an upcoming big dip is a big rise!

for example if you look at the charts you can see that every time there is a rise, it is followed by a big drop immediately after it. for example price goes up 100% then it drops 30%. this is also known as a correction which happens to be big in bitcoin since the rises are too fast and too big.
I agree, just like what happened last December 2017 when Bitcoin climbed almost $20,000 USD. The increase was fast, its not gradual and when it reached $20,000 USD boom like everyone wants to sell and slashed the price 40%. I am still positive that Bitcoin will surpass $20,000 USD this year. We are still in the 1st quarter of 2018 and if you look historically, price of Bitcoin surges at the last quarter.
jr. member
Activity: 266
Merit: 1
February 28, 2018, 05:48:06 PM
#18
I was expecting the price to not go as high yet as 10.5k and thought it would drop to 8k and either stay there or drop nearly back to 7k and maybe as low as the 6k before.  I'm surprised at people buying at 10.5k because that seems quite a high price to me.  I could imagine day trader type people buying and hoping it might go a bit higher say to 11k but not for holders to buy at 10.5k.
full member
Activity: 476
Merit: 124
February 28, 2018, 02:17:04 PM
#17
The signs will be everywhere when an impending correction/dip is about to happen.  Everybody will talk about BTC and join the hype- your neighbors, cab driver, social media friends, mainstream news, investment schemes, etc. will make the price reach another ATH. Fundamental Analysis and Technical Analysis are both useful as well, but only apply those which are applicable to your own strategy.
legendary
Activity: 2968
Merit: 3684
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February 28, 2018, 02:04:36 PM
#16
I was expecting a dip before now but it's not happened.  What are the signs a big dip is about to happen.  Would it be at a particular time of day or would there be signs in the price that a fall is about to come.   Or would it be totally unexpected and just suddenly happen.  And the same for a huge rise?

Big dips are probably best understood in the context of news coverage and investors. Often times, if a big investor pulls his money out of bitcoin, that means that there will be a lot of FUD people following who just try to get their money out ASAP because they don't understand what's happening. Furthermore, every time that happens, the FUDs also mention how bitcoin is finally done for, which influences more people to sell.

On the other hand, there are smarter people who buy the dip and get their profits when BTC stabilizes again. You should try to do that instead of worrying about the drops.

Perhaps this correlation was only made because these big whales dropping their Bitcoin only becomes news when prices are facing downward pressure. It's only natural to look for reasons when there really aren't many to explain precisely why Bitcoin rises and falls. I mean, you only need to look up news and historical charts to see that dumping also happened the entire stretch of Bitcoin's massive bull run last year. Those sell offs tend to be drops in the ocean, just as huge buys (as recently done by Bithumb) aren't followed by FOMO.

I'm also not convinced that people who manage to buy into dips are that much smarter than others. Luckier, perhaps.
legendary
Activity: 1414
Merit: 1039
February 28, 2018, 12:38:22 PM
#15
I was expecting a dip before now but it's not happened.  What are the signs a big dip is about to happen.  Would it be at a particular time of day or would there be signs in the price that a fall is about to come.   Or would it be totally unexpected and just suddenly happen.  And the same for a huge rise?

Big dips are probably best understood in the context of news coverage and investors. Often times, if a big investor pulls his money out of bitcoin, that means that there will be a lot of FUD people following who just try to get their money out ASAP because they don't understand what's happening. Furthermore, every time that happens, the FUDs also mention how bitcoin is finally done for, which influences more people to sell.

On the other hand, there are smarter people who buy the dip and get their profits when BTC stabilizes again. You should try to do that instead of worrying about the drops.
legendary
Activity: 3122
Merit: 1398
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February 28, 2018, 12:20:41 PM
#14
I was expecting a dip before now but it's not happened.  What are the signs a big dip is about to happen.  Would it be at a particular time of day or would there be signs in the price that a fall is about to come.   Or would it be totally unexpected and just suddenly happen.  And the same for a huge rise?

No one knows. Even as we speak, a big dip is possible even without a major news or something.

Let me asked you first, why you are expecting a dip? To bought or purchase more crpytos? Honestly at most of the cases, waiting for a target sometimes wreck trader's and people startegy.

If you are eyeing to purchase at bitcoin, enter at any current rate as long as you understand the risks. There are lots of reason that even how volatile bitcoin is, this can be considered as good for your long term goals.

Now with the other altcoins, you can considered waiting for more dips as it was expected but like I said, as long as you understand the risks of buying then you can deal with your stated concern.
sr. member
Activity: 644
Merit: 299
February 28, 2018, 11:23:46 AM
#13
I don't think there will be a lot of signs to tell you when a dip is coming. It might be caused by news, which can be random, or it might just happen randomly because the pool of new bitcoin investors is drying up. If you are going to make a bitcoin trade, you should base it on fundamentals and make it a long term trade.

Yeah. In a way, you can know if a market is trying to switch trends, but you cannot say if it is going to be a huge dip or a small correction until it happens anyway. Indicators and analysis are there for reasons and that is what one can always use to try to make market decisions to one's favor.

One cannot always get it right all the time, but most of the time, you definitely will. It only takes some level of knowledge and experience to able to make use of those analysis to your advantage for a buying or selling position. Also, a dip or downtrend as the case may be will not just happen once, it takes time unless for a pump and dump market.
hero member
Activity: 980
Merit: 500
February 28, 2018, 09:03:20 AM
#12
Don't just believe in speculations that are not base on a logical chart that bitcoins gonna dip, If there are no solid evidence that bitcoin value will dip then don't believe it, And this are only predictions that may never turn out right, And if bitcoin dip then it is another chance to bought up or stock up for it to rise again, I really think it is best to sit back and relax.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
February 28, 2018, 07:27:24 AM
#11
I think the best sign of a big dip is an overheated market. Massive volumes that are only increasing week after week, prices just climbing higher without tracing back. And ATH after ATH broken and going for more. If this sounds familiar, then yes, it happened less than three months ago in December. Everybody was so happy, everybody kept saying more and more. Then the huge dip was on its way.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
February 28, 2018, 07:16:44 AM
#10
the easiest sign of an upcoming big dip is a big rise!

for example if you look at the charts you can see that every time there is a rise, it is followed by a big drop immediately after it. for example price goes up 100% then it drops 30%. this is also known as a correction which happens to be big in bitcoin since the rises are too fast and too big.
hero member
Activity: 1050
Merit: 529
February 28, 2018, 07:06:43 AM
#9
Or would it be totally unexpected and just suddenly happen.  And the same for a huge rise?
Yes. You can try all the methods you want to try and speculate if a huge rise or a dip is coming, but at the end of the day there it will happen you least expect it, there is no way to predict it because there is no stable market for bitcoin. Sometimes $200-300 dip feels like it'll turn out to be a major dip but it turns out be a rise of $1000 the next day.
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