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hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends

that's right, they panicked because the matic Network Foundation sent a large number of tokens to binance, even though it was to be liquidated and based on ceo binance also said that on his twitter the matic team did nothing about the big dump. so it's likely a good opportunity to buy and it will recover

Seems like it. Just read the article regarding the accusations against the MATIC team's possible manipulation of it but Binance seems intent on defending MATIC right now. Though seeing as the price did do a sudden dive, even if it was manipulated, price is still price so yep. Basic trading rules, buy low sell high. Although some traders have cautioned about this though because a possible retrace may come out.

correct my friend

How many times do you see +250% pump in 15 days without any significant correction? This pump was crazy. Pure manipulation. Don't expect x4 soon ... it will not be recover to average price (average price of last 6 months is around 150 sat - 240 currently). It will be comeback from average price to crazy price. This dump (-66% in 35 min) will scare any investor away for next few months. At least in my opinion. I suggest avoiding gambling on MATIC currently because i would not call it investing/speculating in such circumstances.

If so, then I made a purchase, I'm afraid the foundation tokens will be sent to Binance and then sold later and why should this be sent to Binance, of course many are panicking and this can be assumed that the Matic team mass-sold the matic to Binance so many are panic so many are selling at low prices.

I don't think so. Binance has locked the short Matic feature on Binance margin, and I think that as long as it is opened, a huge amount of short orders will dump Matic prices deeper. Its current price is still very high compared to the bottom price of $ 0.0035.

Yes that is more like it, now is the best time to take advantage of matic price drop because this type of dump in value might never happen again

Classic pump and dump is what it looks like. I think what happened is that the price was pumped to create demand and thus liquidity for some large players to exit their position.

I don't think it's a good time to buy right now. It might go up a bit further, but I expect lower highs for a period of time until the price reaches the levels it started pumping from. People are better off not buying.

Its not really a big drop of price if you have bought to Matic since last month, its just being pumped however in the last week of November to yesterday but now that it didn't break the last resistance I guess its an indicator that you should auto-MATICally sell for its coming down.


Its not random to see coins getting pumped though, Matic is a good project but the more we see this happen often I guess the bullrun is almost coming.

I seriously think this wasn't a case of panic sell but that of pump and dump. The pump in the last few days obviously wrote things to come on the wall but greedy traders keep getting burnt. News from their press release shows that the team dumped and frankly, this is not new in cryptocurrency. It happens in 99 percent projects. We should all deal with it

I think that until people find out the reasons for such a strong dump, you can not wait for such growth that will bring you 4x. as a rule, after such a fast price drop, the coin goes into a long flat. these are features of the bear market. if the market was bullish then the recovery would be quick

Yes, I also think that it will not recover soon.

I prefer opening orders when buyers before this dump occurs feeling saturated, this is the right time to buy.

I think this recovery will occur in the next 3 months.

Changpeng Zhao said that the developers are not involved in the fall in the price of the token. Most likely this was done because of the collapse of the Novogratz Foundation. I do not think that the price of this coin will change. I see that this is a completely artificial situation. I was also outraged by the announcement of Changpeng Zhao that the price of the coin will be limited to the Binance exchange. You are not outraged by the manual management of the price of cryptocurrencies by the exchange?

https://bitcointalk.org/index.php?topic=5208374.msg53308412#msg53308412 (https://bitcointalk.org/index.php?topic=5208374.msg53308412#msg53308412)

Here is the link from a similar thread. You can check there how some Matic holders feel after huge drop in just one day. I saw an announcement on Twitter early today from CZ, he said how it's not the team fault and how some big bag holders sold their bags, but Binance and team don't have anything with that.
I will share one tweet with you https://twitter.com/jaredctate/status/1204447912895352834 (https://twitter.com/jaredctate/status/1204447912895352834) judge it for yourself, have a nice day!

I would not buy an asset in your place right now. Matic can fall even more. No one knows what the manipulators are up to.

Why Matic price should recover? A big whale probably dumped this coin because he saw team´s behavior. We are in a bear market, my friend, no coin is going to recover soon. So try to be less speculative and invest only in promising coins and not coins that are promising better future.   ;D

It can recover but there's a chance that it can't too. If you're trying to take advantage from this dip on this coin, think of it if it is worth it.

If you are sure to this coin and you want to expand your portfolio through this coin, buy it already while it's on the dip. But don't ignore that bitcoin also went down this time.

Panic, one of the factors that affects the price of coins in this space.  Once panic sets in, the price of that coin will dump because no one want to be an unnecessary bagholder. Now asking if it will recover to a certain price; you might find it hard getting the right answer because this space is known to be unpredictable, thus don't expect much within a short time frame. In my own opinion, if you value the coin, wait a bit more and bag it.

So fast pump and dump, really so weird. This type of patterns always for high value or low value. Matic is now unpredictable. Now only help is volume and liquidity pool. This isn't right time for buy, before buy ICO price, total supply, and their roadmap of product.

You can't really just buy these lows, It will not recover easily it looks like it has same fate with other altcoins. However if you manage to sell during highs your lucky, if the pump is not organic expect this kind of scenario I'd rather be cautious than buying every dip.

I advise people not go into FOMO. It does not mean that a certain popular coin plunging in value very quickly is also a nice way to grab the cheap offer and buy a lot. It is best to try to know the reason before deciding. The plunging of the price is a sign of something else. People should try to know what is happening behind the coin before jumping into FOMO. There is a possibility that instead of rising, the price will still go down much lower.

Check matic price now. Its gaining 27% so what you saying is invalid. Yes indeed we are in bear market but it doenst mean every token and coin should go down and drag by the market price. The foundation token is out from the reason of its dump and clearly people realize their panic selling when the whales done playing trick with them. See price now in Binance, many people got rekt I think for following such fudders on the Binance telegroup.

There are only two possibilities, first that it will recover in time, and the other is the other way around.
CZ also clearly said that the MATIC team has nothing to do it. Regarding the big traders panicked and all. I mean, don't just ask the other to join the train when you're not even sure if it will recover or not. That's good it does recover, but if it doesn't?

Whichever it is, whether it's a manipulation or not, it'd be best to be careful when you see something like this. In case something similar happened again and you haven't sell your bag before the dump. On binance, the current matic price is around 250-ish satoshi. Still, the people who bought them before the price pump and sell it at the very peak was a very lucky ones.

I think that coin right now is not in healthy condition because there are such drama from their team and the exchanges officials.
So, i think it's risky to trade it except if we're really to gamble our luck and hope many people are doing pingpong with the coin

Why not wait for further dump on it? Cause I see that it is being played by whales and it is also hard to believe that the team doesnt have nothing to do with the recent dump. I believe a safe entry would be when we see sideways for at least 2days then it is good enough

It depends upon what percent the coin pumped. Every new coin is declined in price the way it is pumped. I think the coin Matic faced the similar way. Listing on binance does not ensure good price all the time. Any coin may face up and down in price. So is the case with Matic. I think you guys keep holding the coin and get more profit in the future. Do not panic sell. 

The panic selling exist for a reason and altcoins could easily turn into dust compared to the top 10 cryptos and Matic as of now having a bad rumour it's wiser to wait until it got cleared out rather than recklessly invest into something that's unclear.
Despite Binance trying to defend matic team but if there's no clear explanation it's as good as nothing. Not even binance could save it if the bad rumour turns out to be true.

After the big dump yesterday, you think have anyone want to set them in the dangerous situation again? The Matic's price was bought by FOMO and sold by PANIC so it's too hard to get the belief of buyers again.

I saw on Twitter that it was because one of The tweet created the FUD, which caused the whales panic to sell in large numbers. but in the end, he clarified and apologized about the tweet that created the FUD. if see a sufficient number of tokens it is indeed terrible when experiencing a very high increase, anything can happen, because altcoins are vulnerable to the pump and dump scheme.

maybe that's one way how bitcoin can continue to grow what if there was no FUD there was only good news every day maybe the market would not move because no one was selling I enjoy the ups and downs of bitcoin prices until now, if prices continue to go up every day I will be confused about how I can profit from trading

You are right, fluctuation is an attraction of crypto to make a profit. many people are interested in it because a level of profit is high. you can see from other types of investments, there is no increase like in crypto.
but keep be careful in crypto, because there are many pump and dump schemes, so we should be able to take advantage of it when it is profitable and sell it immediately.

Nothing is guaranteed in this Cryptocurrency space, people could start buying now thinking that the dump is over and it would dip more when the market goes down more, I have seen it happen in the past and nothing stops it from happening in the future, sure there is a chance that it might moon soon but also bear in mind that Cryptocurrency investments are risky investments and you should only afford to invest what you can afford to lose. A word is enough for the wise.

I agree to your statement, they will need to clear that out unless dump will happen again and again with this token. They got a wonderful improvement every now and then but suddenly that dump happened so traders and investors will think that it might be a hype to get FOMO and then, they did something and that is to dump the tokens.

What happened to Matic in the past days is just a normal occurrence in crypto, fud and then massive dump. I've witnessed tokens go literally to zero in the space of minutes.

This is pure manipulation, Pump and Dump scheme in this coins. even I never seen the coin which dump so hard in big volume
maybe this is the worst coin I ever seen. Im sure that last Big dump made many investors affraid
Imagine that Matic is one of IEO Binance, good development, but still get worse manipulation

Yeah massive sells by the whales or the officials of the coins made the coin dropped so hard and when people are selling it too and looks like the coin have no hope, the whales are buying it again in cheap price. This is the cruel thing of crypto when the whales could do anything while the regular investors are crying.

prices don't look good and see prices are likely to go down again, worry about that previous big dumps followed by big whales too, that means no big whales are holding MATIC, so I'm still in doubt about this project, maybe just waiting to buy it lower below the point price previous disposal lows https://coinmarketcap.com/currencies/matic-network

Matic price surge i think because of the whales and afterwards the fomo buyers joining the market and then when the proce reaches the peak the whales dump thier matic. If im gonna buy matic i will wait for it to dump more or if does not happen i wi try anynother coins that might go up like matic.

You can't even prove it if that was a manipulation that has already created by the team. if you are watching correctly and the tokens are coming from the team's wallet and there is not manipulation.
The matic team itself who has been doing the manipulation. But the matic team is blaming the big holders of matic and just try to ask which is the address that can be considered as a matic whale who has already dumped a lot of coins to the market and where are from the whale getting the tokens?

sorry i know nothing about this token and with that i never risk my money for something i don't really understand.

but regards to some posts it seems that Matic has a future ahead ,but still i will choose to stay on my holdings because my folio is solid set and only waiting for the bullrun to come.

I think he made an answer like that because of his frustration at an IEO project, especially now that price manipulation and market volume often occur to boost popularity. and this just happens to be Matic.
if only I bought Matic and it suddenly happened like that then one thing is for sure I would think like that.
What the heck!! this is clearly manipulation, it is very unlikely that prices will fall suddenly, then who has that many coins to drop the price quickly if not the Matic team itself.
roughly if I positioned it will think like that. but if positioned outsiders, woohoo this is the right time to buy Matic, I have seen the project there is great potential, I believe this is only a moment of panic.

I got in the dip at around $0.018
Although it is still down around 20%
However i believe it is just the matter of time it will able to get back to its ATH

This project is not just empty idea and dream, it does help enhance the overall network of Ethereum
If you believe Ethereum could took place as the #1 smart contract blockchain
Matic gonna push Ethereum alot as a sidechain

Hi Guys,

Don't enter Matic before to use our indicators that have detected MATIC movement from the beginning.
check the photos, please.

https://i.ibb.co/vsht68B/ama-l4.png
https://i.ibb.co/SmsCq4D/AOO-s1.png
https://i.ibb.co/tBbr7c1/pov-S2.png

for more information please read our post here: https://bitcointalk.org/index.php?topic=5212144

If sharp drops drops do occur then theres no doubt but we cant point out if its manipulation or just simply a huge self off but it would depend on when it do happen.
If it happens after launching on an exchange then its sell off but after that time if sharp spikes and drops happen then its pure manipulation.Talking about Matics
potential then i can say that this project is worth but i havent pulled my trigger yet to jump in and wait a little more for re-entering on its possible lowest price.

im not sure, but matic movement is different like other coin, while btc pump/dump alt will follow it.
but matic is different so i wont go to matic, not even it going up 4x by the short time, too risky better buy another coin on binance.
its just my view.

You are right, Matic movements make afraid sometimes because suddenly the price of Matic increased a lot and suddenly losing its value along with the bitcoin price. We shouldn't keep high expectations on this coin because once we enter suddenly the price is dropping and I have already experienced loss from the Matic coin.

i am not sure, because tokens have been released for private investors and they sell it quickly, so demand for matic tend slowly and also team has no idea how to solved that problem.
so about price maybe cant go raising for in near future

It was said that the reason for the price drop was due to the team's massive sales after pumping the price. I have never been interested in the outcome of this claim, but it is still better to stay away from the project, which changes 70% in a few hours. At least until the reason was explained, because the devs also claimed that the fall was not caused by them and that the traders caused it.

I dont say who already made the manipulation.

But sharp drop after pump is pure manipulation. this is pump and dump scheme. that's all
the market needs correction but it doesn't mean sharp drop like matic. correction needs to be natural market

I never been frustation or any bad pshycology. I usually use stop loss to avoid the manipulation like this

I will never invest in Matic again, too dangerous for the holder and those who have joined MAGIN at Binance. I lost 30% of my assets when the matic was dumped quickly, but my friends were mostly burnt out, which was really terrible. It is best not to hold matic because this is an altcoin scam and is controlled by many whales and groups

it's not even explained by the matic team and why? because this project is not putting transparency as an important thing. The team is only spreading more and more promise and that's BS.
The price of matic can get another bump but it will never be the same as it was in the past.

Matic is a good altcoins to buy, but current price is not too low and bitcoin still bump hard these day. If bitcoin grow in next few day, i think Matic would drop for lower and you can buy there. And one more things you should know that do not all in Matic because it previous dump make lots of investors lost 20-40% their money and take lots of time to recover. ;)

they actually explaining about it, but the matic holders wont accepted/ignoring it, that why CZ intervened to face the problem. just see CZ twitter account, but im sure its not quite enough to reduce the emotion of matic holders.

that's already happened so many times and remember the zcash's case in the past when it was getting dropped from each zcash which has already dropped from 10k or even more to the a few dollars just in a few seconds.
A small correction is make sense to happen anytime but when it comes to the more than 50% loss in a few seconds and that doesn't make sense especially there were a big sell worth thousands of bitcoin in the past.
This is a centralized exchange site when anything can be manipulated.

I completely agree.
There are no pumps without corrections, moreover, MATIC has shown very strong growth over the past two weeks, so a correction is expected.
The fact that people now want to buy in the fall seems to me reckless, for the frequent correction continues after this kind of recession, people who come in now are at great risk.

Matic Network (https://www.coincodex.com/crypto/matic-network/) got ranked as one of the top coins to watch for this week, ranked by CoinCodex!

Read more:

https://coincodex.com/article/7831/top-3-coins-to-watch-april-20-april-26-2020/

even though Matic is a new project, for me MATIC is one of the good coins, and a good project,
its not wrong Matic is given a place in BInance, and I think the price of Matic will rise towards resistance at $ 0.0165

On September 24, a live AMA session will be held, the topic of discussion will be the DeFi market, as well as about DeFi based on the Matic platform

https://www.youtube.com/watch?v=N_jr0PWoNUA

Buy base on their development and future long-term goals and not just because the price is low, matic did some amazing run during it's launch so perhaps it is possible it can perform like that again when the time is right.

I don't see any progress or progress is taking too long, so there is no significant movement I have bought their coins and held them for a long time but didn't make a profit then sold them and still made a profit because I bought several kinds of coins at that time.

Based on my analysis of the MATIC movement, its performance is very good in 2020. Especially starting in March 2020 until now
MATIC price movements continue to increase. So it is good to invest in MATIC now, because in my opinion the price of MATIC will
continue to rise until the end of this year. I even predict that MATIC will be able to return to its all time high price by the end of this year.
So the right decision is if you want to buy MATIC now, but buy gradually, in anticipation if the price of MATIC suddenly dumps.
And don't forget to use stop-losses to secure the capital we have.

Just like other coins matic is moving depending on the market status.
If the market is bullish majority of coins are increasing not only matic, though indeed it has a good progress this year. If you want to invest in this coin make sure to do a research, crypto is risky and even the established coins, so what more to the coins outside the top 10 of cmc? Gain knowledge and be careful when investing because its your hard earned money at risk.