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Author Topic: Prepare for the big and long dump this year.  (Read 1554 times)
molsewid
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April 07, 2021, 02:10:39 PM
 #141

I also expect dump this year shortly but I don't think its time yet. We have couple more months for that big altdump. We should use every chance to keep making money in altcoins right now I believe. Especially buying under corrections of specific good coins like Solana.
If we will going to look back at the market this past months of February-March the value of altcoins was always on the red tag but today looking at the coinmarket cap my favourite altcoins were higher the market value compare to the last 2 mobths pasr even if the market is in red tag. Ethereum was now on $2000 its market value, XRP are also pumping its market value, Binance, Polkadot, Uniswap and even filecoin. But preparing for the big and long dump wasn't a bad idea too because the price correction may possibly be happen anytime soon.
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April 08, 2021, 01:07:46 PM
 #142

I also expect dump this year shortly but I don't think its time yet. We have couple more months for that big altdump. We should use every chance to keep making money in altcoins right now I believe. Especially buying under corrections of specific good coins like Solana.
If we will going to look back at the market this past months of February-March the value of altcoins was always on the red tag but today looking at the coinmarket cap my favourite altcoins were higher the market value compare to the last 2 mobths pasr even if the market is in red tag. Ethereum was now on $2000 its market value, XRP are also pumping its market value, Binance, Polkadot, Uniswap and even filecoin. But preparing for the big and long dump wasn't a bad idea too because the price correction may possibly be happen anytime soon.
I don't know but I think I saw some altcoins who are green in the months of January to feb.

Well, maybe let's look at the top 3 altcoins in the market.
ETH- https://coinmarketcap.com/currencies/ethereum/ .. look at the 3 monts graph, its ascending.
BNB - https://coinmarketcap.com/currencies/binance-coin/ same
ADA - https://coinmarketcap.com/currencies/cardano/ same.. ( I skip XRP as it has a problem with SEC). Grin

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April 08, 2021, 06:22:47 PM
 #143

I don't know but I think I saw some altcoins who are green in the months of January to feb.

Well, maybe let's look at the top 3 altcoins in the market.
ETH- https://coinmarketcap.com/currencies/ethereum/ .. look at the 3 monts graph, its ascending.
BNB - https://coinmarketcap.com/currencies/binance-coin/ same
ADA - https://coinmarketcap.com/currencies/cardano/ same.. ( I skip XRP as it has a problem with SEC). Grin
XRP is fifth anyway. Price of bitcoin, etheruem and bnb all increased a lot, we are in a great situation right now and they are doing wonderful. I just do not believe that we are going to be doing that bad, I know people have this pessimistic approach that the higher we go the worse fall we will have but I just do not believe that. The higher we go means the higher even our fall will be.

If you are at 1.4k the drop becomes to 200 bucks, if you go to 20k then drop becomes 3.6k and if you go to 100k then drop will be 30k, so that means the higher we go the better we are even during a crash. That is why I think all of these increases are a great way of us making a profit, I would rather talk about how we are going to go up even more in the near future. Those increases are not just done, we are in a bull market and prices are still going up every day so I am very optimistic about our future.

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April 10, 2021, 11:33:48 AM
 #144

I can't help but make a qoute of this post, according to the @op eth don't have the capacity to reach $2000, misteriously as i type eth is currently trading at $2,102.93 which is definately above $2k, and eth falling back to $1k, perhaps that will happen in the future who knows, howeve, going by what the majority are saying about the upcoming alts season, there is high probability eth will surpase current price by good margin,

And speaking of xrp, the wonder project, lol, right now xrp is few numbers away fro $1, $0.95 to be precise, who ever thought this coin will see another rise in price after all their shenanigans with the SEC, it seems this coin is stronger than what people give it credit for, i bet @op will agree with me  Cheesy

Dot, @op beleives this is a bubble that will soon fade away, well so far so good, dot has been performing tremendously, many new project on polkadot blockchain, even though i can't seem to understand why the op think otherwise (of course we are each entitled to our opinion) but i believe dot is just getting started, just like i believe the dump of this time won't be as hard as it was few years back.
You are 100% right. And to be quite honest when someone says "it can't be x amount" and it beats that amount it is a proof that everything else said in that message is not credible neither. When someone is wrong about just one thing they will not be cared, doesn't mean that they will be wrong on the others it just means I will not care about it.

So, we know that he was wrong about ETH price and now it is over 2k that means we should not care about OP and what he said any longer, it's over, it should not be credible enough to talk about him. I believe eth will be bigger, I believe alts will be bigger, I believe we are just at the start of everything. For another year or so we are going to keep seeing big increases in altcoins, people made money on bitcoins but more people came in hearing that and now they want to make money like bitcoin investors did so they are all putting money into altcoins.

It is not as if the op is entirely wrong in his prediction because market always fluctuate and if you are not good at reading chart, just base prediction on personal opinion it will be hard to arrive at any meaningful conclusion,

That is not enough to judge his/her credibility, even the most technical analysts can make a wrong judgment too, the reason I decided to quote the post is for record keeping purpose, more like a reflection of all our speculation when eth hits $3000 sooner than later from the look of things, and again when the bear market comes how low will it go and if it will hit the speculated price of the op.

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April 10, 2021, 01:18:48 PM
 #145

 Read this article and understand how undervalued $STBU is! That's a no brainer investment! Few millions mcap
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April 10, 2021, 03:24:30 PM
 #146

To reach the lowest price this year of course ethreum can not enter the list because the price movement of ethreum is getting better and I am sure for this year ethreum can reach the new ATH, but the difference with XRP after the SEC on the coin then the price has not improved and can happen as you said, but for dot is still at a safe point but we can not see a better movement for now.

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April 10, 2021, 07:59:26 PM
 #147

Ethereum $700
XRP $0.05
Ethereum will not go below the $700 benchmark  no matter how deep the market dump. But in the case of XRP is may go down to zero or stop at 0.05 benchmark it all depends on the sec law suit judgments.
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April 11, 2021, 04:04:17 PM
 #148

To reach the lowest price this year of course ethreum can not enter the list because the price movement of ethreum is getting better and I am sure for this year ethreum can reach the new ATH, but the difference with XRP after the SEC on the coin then the price has not improved and can happen as you said, but for dot is still at a safe point but we can not see a better movement for now.
I do believe that there are coins that could crash back to what it was, and there are coins that could crash and still be over what it was. XRP is not even 1.5 yet and it was around 20 cents last year, which means with one big crash it could go back to that price, hell just a week ago it was around fifty cents so it wasn't really such a big deal for it, and it wouldn't be a big deal if it drops neither.

This is why I think it is quite clear we may see XRP go back down "if" a crash happens of course. Whereas ethereum has been over 1k+ for nearly 5 months now, last I remember it was under 1k during November or so I believe, but it has been a long time I know that, and now it is over 2k, for it to drop to 150 bucks, that needs to be some serious crash, even last time we were at around 1.5k it barely dropped 90% and now if it drops another 90% which I doubt it would happen, it would be still over 200 dollars and I think that won't happen.

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April 11, 2021, 05:53:43 PM
 #149

1- Ethereum
2 -XRP
3- DOT
Well, we should prepare for the worst case possible.
If we are already satisfied with the result and forgetting about the risk ahead, then we should prepare from now on. Remember the crash on 2017 - 2018? That event really made most of the people feel shocked and turned the vision on cryptocurrency 180deg.

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April 12, 2021, 06:43:31 AM
 #150

to be honest, I'm also really worried about the dump that could happen at any time of the day. however, because I think about it, I sometimes get doubtful and always sell my assets, while the price continues to grow. Well, what I'm saying is, getting ready to dump really needs to be done. but, taking advantage of the current moment seems like the most important.

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June 17, 2021, 01:20:25 AM
 #151

In this thread I saw a recommendation that was to enter Filecoin, the truth was not a bad idea at that time, some time has passed and apparently the volatility falls very well to this currency, in fact some ananlists think that a good bullish move:


Quote
Filecoin’s sideways movement during the first week of June maintained $86 as a support level. However, the June 7 dip flipped it into resistance and at press time, the coin traded at $74.9. Bollinger Bands displayed divergence on the 4-hour chart as the upper band rose slightly with the basis acting as support.
Source: https://ambcrypto.com/dogecoin-filecoin-tron-price-analysis-15-june/

Of course now there is good advice here backed by a good article, it is up to each person to make their own prediction and investment respectively, everything is a risk ...

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