Bitcoin Forum

I just look at the Chart, and see that all things is red.
Seems that the buble is over, Hard Correction now ?

Should i sell and pickup at lower price ? what do you think ?

The key is to HODL to try or even sell it in lower. Just HODL and wait ofr the pullback always think tbat there's a pullback always happening like what hapenned yesterday that BITCOI price drops -$500 but pump more +$300. Well but nlw it's drops more so all i can say is HODL and sell it high wait for the pullback

What you are seeing is that a dumping of bitcoin by some bigtime investors or whalers. But don't panic this kind of dumping is inevitable because whalers are cashing it out for big profit. I suggest you just hold for now and don't have a heart attack seeing the price dip. :) If you have extra money, then try to buy back some few bitcoin and try to accumulate. We know that after a dumping, and equal pumping is soon to happen. So don't panic, used your better judgement before making your decision.

Ive waiting for its pullback as of now to sell off or buy even more cheaper coins and you are right in every trade or correction of prices theres always a pullback which means its the best time to buy and sell off to secure profits even on short trades.I was little bit shocked when the bubble popped out too early and i was already got used to see the price of bitcoin is on the peak.

I've noticed long time ago that weekends are usually dump time for BTC/USD... probably the rate would be at least slightly corrected (other way than now)) Monday

Everyone feels panicked, and vying to sell bitcoin. The bloody altcoin effect. Holding a few days may be better than having to lose a lot.

If anyone else is wondering what has got him the panic attack,there you go.

https://image.ibb.co/d5uYFv/Screenshot_from_2017_05_27_17_28_35.png
I don't understand why you'' freak out when things start to show red marks.This isn't how trading works.You cannot expect to win always except bitcoins,they do.

yes, checking out poloniex everything is going red. Is this a bad thing?
Do you guys think this is the best time to buy btc since everything is at a low price?

Look at this as a time to buy. Hopefully everyone sold some bitcoins when the price was over $2500 and now buy it back cheaper.

a couple of days ago when everyone in altcoin board were saying this is a big bubble and were warning people to get out before the altcoin whales start dumping, nobody listened and now here we are at the dumping actually happening and now the freak out and the panic sells.

always try to be ahead of the market.

this is the second time I am experiences this kind of dumping of coins and I can tell you that I realize my mistake of not getting out of the market,I also learn that most coins get dump on weekend,I can tell you that I lost the little money I made but I won't be panic to sell as I did last time for the price to bounce  back,now I am  ready to take out my profit when the opportunity come again,I am still learning and I believe I am learning fast with this forum

Quite standard to be honest and quite expected.
The growth we've been seeing has been unsustainable. Having been said the BTC new ATH has been set and next time the bounce will be even bigger.
As far as other crypto coins go that's just the way it is. When BTC falls most of them follow the same trend too.

No. Never sell when downtrends ocured. Volitality is normal in crypto currency. For those panic sellers, they remains as newbie which loses money in the market.

It's not that bad, Bitcoin has faced sharper declines in the past. It seems to be another correction. There is still potential for the price to return to previous levels, or perhaps close to that, but I can not say the same with altcoins.

Don't panic and don't get to ride with the hype of selling now. Be calm and focus with long term possibilities, think about that after the red signal, what's next? It's a green right, for sure we will be on that way very soon. So if I were you, I will not worry about it because you are only giving yourself an headache.

The bubble already over, Too late for you to join the party.  ::) All of the altcoin pegged to the bitcoin pair if the bitcoin gets dumped and a lot of the altcoin will get the decrease on its dollar pair.
Just hold em all. The price may be stuck at the current rate.
Never try to take the big risk with sell all of your amount right now and waiting for the next dump (If it is possible)
It's very hard to determine about the movement of the bitcoin trend.

The coin prices moved up so fast the last couple of weeks a correction was inevitable, I noticed this on Wed when my coin portfolio jumped several thousand dollars in just a few days. Don't panic now, just slowly buy the coins that you like as they go down, that way you will have more coins when the prices move up even higher when the correction is over. Of course you have to have some capital available to buy with, so you want to sell off some coins when they reach new highs and wait for pullbacks to buy. When everyone thinks that alt coins are done the correction will be over and the next leg up will begin. Don't be one of those who sell at the bottom and buy back in when the prices have moved up a lot.

You must have started buying during the bull run. All you can do now is hold and wait it out. You are investing for the long term anyways.

If you focus on day trading, I would recommend learning about diversifying your investment strategies as well. Berkshire Hathaway is one of the largest holding companies in existence simply because of the buy and hold strategy.

I'm sure this is true of hundreds of people, just like it was true in 2013.  And yeah, this is either a correction (temporary) or a real crash.  Time will tell.  Smart traders cash out and enjoy their profits.  No shame in that.  But that's what's happening, and with the rise that we've had, it was bound to happen sooner or later.

It's time to quit seeing only Bitcoin and shitcoins. See it as a crypto-ecosystem with plenty of snakes and rats and insects. Many of the snakes, rats and insects are here to stay, and the crypto-ecosystem is expanding fast. Btw. is Bitcoin a shrinking whale in this ecosystem, or is the Bitcoin Baby just growing up?

whenever there is a big dump like this, no matter in which market, the price will jump back up again when it reaches the bottom. so it is a good idea to buy at the bottom to make a quick profit.

for altcoins i suggest buying them when you see price not going lower any more and if you saw signs of a rise. and then dump them as fast as possible to get out again because the continuation of dump is highly possible for them.

for bitcoin i suggest buying when the dumping slows down, because for bitcoin the price can easily be reversed and it happens fast, you can't really find a bottom for it. and additionally it doesn't matter at what price you buy bitcoin, you will make profit in long term.

This was inevitable for the market, all Altcoins were doing well for the last couple months atleast. With the RSI and FIB indicators, I don't see anything out of the ordinary. It looks like all the coins are currently correcting and beginning minor swings.

Dumping is slowing down now and holding. Did anyone able to buy back when  the price dip? I hope so.

I guess the weaker hands have folded. Last time I checked the price its $2200 so indeed, it is now holding good to know. If you guys where able to buy at $1800-$1900, I think you can made a good profits by now. But just continue to hold because another wave of buying will come so the price definitely go up again. For altcoins, you need to be always alert and ready to dump, because when the dumping started, you don't want to be caught napping because for sure you will loss your investment.

As my experience on crypto world theirs downfalll after a massive high rise and thats normally happen if you basically read some articles or any info about it but good thing also what i notice in bitcoin is there are certain bounce back unto it and look what happen now price is more greater than the price listed yesterday and we can expect that this one will continue but be vigilant since we don't know if this one will also fall again for secons time around.

No, you shouldn't​ sell anythings. Just hold it until everything is going green. I believe the correction will not take a week to get the price back.
You better put additional more money and buy at lower price, it's better than sell and buy back.

Become red or green it's just color, important thing is the actual price. Just calm down and stay with your strategy never change it to know the result. I believe it just because supply and demand that we call it correction market. If you sell and pick at lower market that's fine, but if going deeper you'll get loss. Wait and see is best option I can suggest but of course that's your money, you own them. Be careful with your decision and good luck.

that color is representing something and that something is important! it is showing the fact that all the altcoins have been getting dumped hard, and if you also look at the percentages they have been falling you can gain more information.

the actual price doesn't matter at all in my opinion. the important factor to look at is "why that price is the current price" and the answer for all the altcoins is the same "because of a pump" and since it led to a bubble, it had to burst and they will meat their doom soon.

and by the way, what happens to altcoins is not correction it is a massive scale dump.

If you have the patience just hold on to your coins, don't panic. There is still hope, I too am holding on to my coins. HOLD!!

We have seen similar panic dump many times before, price have rose exponentially within very short time and many traders want to take this opportunity to pull out some profit. So they started to sell their holdings which was followed by panic selling by newbie traders.

So holding tight whatever coin you have right now is the best move.

It's just traders doing what they do as usual. If you are not a professional trader, it may not be a good idea to spend all day looking at the charts. Long term thinking.

yes sir sell now and buy back at discount price. Bitcoin will soon resume another upward move and this time around it might get to $3,500 preparing ground for $4000. Eth has also pull back from above $200 to around $140 and all others coin are in red. The best time to buy them cheap is now.

No just hold with all these red are now gone , even though i know the price is really low just hold if younare getting a loss , if you are in a profit sell half and for rest hold. Basically all these red indicates first round of pump is over now wait for few days for the next pump , i can assure you it will soon all be green.

It is upto you that what you want to do dont see the market price, when it was high all were wishing to come down so that they can buy it and now when their is correction and price is lowering all are getting panic and thinking that they should have sold before itself. Now is the correct time to buy btc as the price is ranging in this range and their will be pull back up very soon.

Bro just buy bitcoin when it goin down how much it can and sell it when it is goin up.Dont worry that is normal ,bitcoin will not die soon,maybe after 100 years but bitcoin is now very important for all of us.

Talking is easy but not when doing the activity. You say buying when it's down and sell when it's up like some kind of predictable activity but it's actually all wrong. The main problem is when we can sell or buy the specific coin since the price could crazily increase even after you've sold some of them or the price could just drastically dumped even after you buy some of them.
Yeah, Bitcoin is not going to die soon but the problem is that if the price going the opposite of what we've predicted. we lose money. The bitcoin is not going to die, but the traders will have the burden of losing after all.

A little correction, nothing new. Many forget that Bitcoin had 90% crashes in the past, and survived, but I'm not sure if altcoins could do the same.

if you are seeing all red, that just means you need to buy more, not sell. You do not sell on a red, you sell when it is green and your initial capital has already earned some good profits. It is a shake down to remove weak hands, do not be one of them.

At this point i think its not yet time to panic and get a heartache. The price is still high at the moment and it seems to have stabilized at around 2.2-2.3k. I trust that there will again be a major pump so try to just ignore my btcs for now :D

Red paint over for a couple of days I think. I hope we don't get such Red paint again but most people sell from panic I think.
http://www.myfxbook.com/files/ahuruglica/snow.jpg

Exactly. We should be in buying mode when we see that its in red. And this is what some investors are looking for because they can buy big amounts of bitcoin and bag holding in for as long as they can and will only sell if it they see that they have made good profits out of it. Weak hands shaken and always lost in this kind of game.

Since you are new maybe you were unaware of the wild movements bitcoin has whether is up and down, since we have been around longer we just know that this is the way bitcoin works, as you can see the price went lower but after some time the price has more or less stabilized and we are in a slight uptrend once again, nothing to worry about in my opinion.

Bitcoin price increased was not bubble.it has real cause for increased and price is now stable.after this huge price increase possibility price can be  little down.don't spread humor now you can see price is back and hope this time price will reach $3k.so hold your bitcoin until reach $3k ;D

Everything is just a normal will be happen with bitcoin if we seen large dump in the market it means there are many people are satisfied what the are the present price and sometimes those people are whales.. but they are not successful to push back bitcoin below $2k value and now the price is increased back to $2,400+ so i think we will experience of more price increase this following months..