WHY THE SUDDEN DUMP WITHOUT ANY MAJOR NEWS? - page 4.

Reid

hero member

Activity: 3052

Merit: 651

There is only one problem within it.

You are all thinking it is already a bullish run.
Yes, it could be felt with Ethereum but not with bitcoin.
Since Ethereum gained 2 digits in price, mostly traders will have to dump just so to get some profit out of the big loss that happened just months ago. Grin

Do not assume there is always a bull run even if it takes a $100 difference. You are just hurting yourself.

clover12

jr. member

Activity: 168

Merit: 2

Quote from: hipSter on February 24, 2019, 05:20:33 PM

In the market we have a straight down trend. There is no reason to think that resent rising should continue. It was just a liquidity accumulation.

This person is actually looking at the chart. TYVM Grin

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Quote from: kenzawak on February 25, 2019, 03:33:03 AM

We lost 15 Billions in 30 minutes so it's not news that did this. It's probably a few big wallets who decided to short.
Some say it's due to bots used by exchanges to do wash trading.

Well, that's the news provided by the common people who are into the cryptocurrency network. Beyond this from experts perspective this is not a big defeat, because even though the market fell 15 Billions in just thirty minutes time what it achieved is big. They've reached a ten month high in the market capital.

VampKing

copper member

Activity: 1050

Merit: 0

I think it's an obvious thing. As you can see there was no big event for which the price of crypto increases so much in 2017 & dumped in 2018 & continues. When the price rises everyone was happy & no one wondered why the price is going so up. But when the price started falling down everyone got panic & started dumping & resulted in a disastrous market situation.

Shinpako09

legendary

Activity: 2058

Merit: 1015

Sudden dump? isn't it expected after a rise there's a fall? You've been trap you let yourself go with the flow and believe like others did that they think it's the start of bull run. There's no need for major news to have such dump. It's their selling point and they have done while you guys are still assuming of bull run.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: auntyjmary on February 24, 2019, 12:32:16 PM

Over the past few days, there was a significant rise in most of the assets on the crypto market including the altcoins. For instance the value of Ethereum also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

There is no need for major news to tell you that it is just a bull trap and everyone thinks that it is the start of a bull run but turns out that they just been played by the whales. It is considered already a bull trap if you see a sudden pump without some major news and there is no need to be in shock since this has happened before.

shesheboy

full member

Activity: 714

Merit: 114

Quote from: Polar91 on February 25, 2019, 04:33:09 AM

It's because it happens less than one hour. Actually, after that there are a lot of news that happend. It's just so quick that a normal/average holder would not realize that coming.

I think thats not what the op mean . he means that there are no news to warn people that the value will dump . he simply complains because he didnt get notified . i believe there were no news that come out because they intended it to happen . what happen is actually a bull trap . now i can see that the price is starting to increase again . this can be a sign of another incoming bull trap , so please be aware with that guys . dont fall for them

Muzika

sr. member

Activity: 980

Merit: 261

Quote from: auntyjmary on February 24, 2019, 12:32:16 PM

Over the past few days, there was a significant rise in most of the assets on the crypto market including the altcoins. For instance the value of Ethereum also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

We dont need a news for us to see when the market will react, anytime of the day the price are moving because of different people with different actions in the market, whales and huge time traders are always on the go when it comes to the movement of their coins in the market so we should expect that anytime the market will move.

eaLiTy

hero member

Activity: 2814

Merit: 911

Have Fun )@@( Stay Safe

Quote from: auntyjmary on February 24, 2019, 12:32:16 PM

Over the past few days, there was a significant rise in most of the assets on the crypto market including the altcoins. For instance the value of Ethereum also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

It looks like the market will not move above $4000 anytime soon, we had a good recovery but everything came down after touching around $4200, the sudden gains surprised me and hence this fall is not a big surprise either, even in the last rallies we had these situation where the price test two resistance valuation and then we will see a correction, may be the future market has something to do with the current fall, either way last weeks recovery was promising and we will see a good recovery later this year.

cryptoblue77

member

Activity: 472

Merit: 10

Some big players are manipulating the market for their own benefits, that's why some time we see the sudden price drop without any reason. Because of this, cryptocurrency is considered very risky investment.

Polar91

hero member

Activity: 1120

Merit: 553

Filipino Translator 🇵🇭

It's because it happens less than one hour. Actually, after that there are a lot of news that happend. It's just so quick that a normal/average holder would not realize that coming.

kenzawak

hero member

Activity: 658

Merit: 851

We lost 15 Billions in 30 minutes so it's not news that did this. It's probably a few big wallets who decided to short.
Some say it's due to bots used by exchanges to do wash trading.

Crypto Girl

sr. member

Activity: 980

Merit: 294

Quote from: perla on February 24, 2019, 10:44:42 PM

Quote from: auntyjmary on February 24, 2019, 12:32:16 PM

Over the past few days, there was a significant rise in most of the assets on the crypto market including the altcoins. For instance the value of Ethereum also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

Maybe it is only bull trap, actually i'm not really know how bulltrap system because not really always look on market. But what i know if price pumped a little then dumped a lot maybe only bull trap.

It isn't a bull trap but just a simple pump and dump of the market and this is still norm. But if you're one of those people that bought during pump then you're messed up right now unless you just hold it for a moment and wait for the market to recover again.
With this sudden increase we should already anticipated the reverse effect of it, and it's happening right now.

Sanitough

hero member

Activity: 2856

Merit: 674

Quote from: dark08 on February 25, 2019, 02:40:06 AM

Quote from: auntyjmary on February 24, 2019, 12:32:16 PM

Over the past few days, there was a significant rise in most of the assets on the crypto market including the altcoins. For instance the value of Ethereum also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

It's obvious that someone with a big amount of bitcoin dumping the market this manipulating are realky sick no need for them to relly on any news to take action. Just take a look with this one

200,888 #ETH (28,136,914 USD) transferred from Unknown wallet to #Binance

Tx: https://t.co/AQIxiZRvtN
If this big whale who has a lot of ethereum in their wallet sell immediately we can assure a dump for ethereum.

We just have to get used to this, market dump is normal, I always believe that it can be manipulated and whales will also do their thing.
The only way for us to benefit on this is to be cautious, don't get too excited, analyze the market properly so you can make timely actions, they are here
and will always be here as long as they can make money with crypto, but don't worry, this is not the end.

dark08

full member

Activity: 798

Merit: 104

Quote from: auntyjmary on February 24, 2019, 12:32:16 PM

Over the past few days, there was a significant rise in most of the assets on the crypto market including the altcoins. For instance the value of Ethereum also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

It's obvious that someone with a big amount of bitcoin dumping the market this manipulating are realky sick no need for them to relly on any news to take action. Just take a look with this one

200,888 #ETH (28,136,914 USD) transferred from Unknown wallet to #Binance

Tx: https://t.co/AQIxiZRvtN
If this big whale who has a lot of ethereum in their wallet sell immediately we can assure a dump for ethereum.

davis196

hero member

Activity: 3164

Merit: 937

Quote from: auntyjmary on February 24, 2019, 12:32:16 PM

Over the past few days, there was a significant rise in most of the assets on the crypto market including the altcoins. For instance the value of Ethereum also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

There's no need of big news.Just some whales sold big amounts of btc and the market is down.
At this point,no major bull run will get support,because there's no reason for a big mainstream btc hype.
We aren't expecting anything that can pump the price dramatically.No ETFs,no Bakkt,no big institutional investors...

heavenknows

newbie

Activity: 192

Merit: 0

I believe that the market is being manipulated. In this case, you should stay away from any trading as this couldnt be safe to your funds

perla

hero member

Activity: 1932

Merit: 504

Quote from: auntyjmary on February 24, 2019, 12:32:16 PM

Over the past few days, there was a significant rise in most of the assets on the crypto market including the altcoins. For instance the value of Ethereum also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

Maybe it is only bull trap, actually i'm not really know how bulltrap system because not really always look on market. But what i know if price pumped a little then dumped a lot maybe only bull trap.

matthewio

jr. member

Activity: 164

Merit: 1

bitcoin is great

Same way the market pumped earlier in the day ,same way it dumped barely 12 hours later.It simply shows there were some greedy whales who choosed to manipulate the market for their selfish agins.

Clark05

sr. member

Activity: 1274

Merit: 263

Last few days ago the market increasing but loook it right now they started dumping again Im so sad of what happen we expect bull run happnes but it falls alarm it is trap only. But even it's not start the bull run we can still invest to the bitcoin because we have another opportunity now because the value again decreased. I don't see any news why does bitcoin dump again but I hope obce I see any news it will be good news.

Topic: WHY THE SUDDEN DUMP WITHOUT ANY MAJOR NEWS? - page 4. (Read 709 times)