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Author Topic: Be Prepared for the big dump.  (Read 2042 times)
Lexurdania
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July 17, 2021, 10:55:46 AM
 #201

indeed we have to prepare for a big dump because the crypto market is full of surprises. there is a big pump and there is a big dump. So I think this is something that anyone in crypto might have to deal with from now on.
worst or best scenario must be prepared in our trade plan to avoid big losses when we have wrong position. in every transaction we have to set our stop loss or othe money management in case suddenly dumped occur. At this moment selling pressure still strong and anything could happen , except we have good preparation in our trade.

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Helpme_please
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July 17, 2021, 01:27:53 PM
 #202

indeed we have to prepare for a big dump because the crypto market is full of surprises. there is a big pump and there is a big dump. So I think this is something that anyone in crypto might have to deal with from now on.
worst or best scenario must be prepared in our trade plan to avoid big losses when we have wrong position. in every transaction we have to set our stop loss or othe money management in case suddenly dumped occur. At this moment selling pressure still strong and anything could happen , except we have good preparation in our trade.
trade plan is an obligation for each traders, with this document we will set how much loss we could accept in every trade and how much profits for target. Without plan , it is impossible for us to have goal and most of them will have unclear target just holding and holding without have any reason. Plan our trade and trade our plan be wise and usefull thing if we want survive as traders.
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July 17, 2021, 02:49:10 PM
 #203

indeed we have to prepare for a big dump because the crypto market is full of surprises. there is a big pump and there is a big dump. So I think this is something that anyone in crypto might have to deal with from now on.
Yes, so that both of those things must also be used by everyone to get maximum profit, because if you only watch the pumps and drains,
then everyone will not get anything from the crypto space.

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Joca97
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July 17, 2021, 03:03:40 PM
 #204

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?

I dont think a big dump will come at all. The dump already came now it can go to the lower stages but not something extreme that would take the public to dump all their coins. The price is currently stable with the coin going 1-5% up or down everyday. So i dont think their will be a dump anytime soon
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