pooya87
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May 28, 2017, 05:05:37 AM |
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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.
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Tap Project
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May 28, 2017, 08:31:12 AM |
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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.
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Kemarit
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May 28, 2017, 11:39:40 AM |
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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.
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.
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betlord90
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May 28, 2017, 12:27:03 PM |
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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 ?
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.
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dihari
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May 28, 2017, 01:07:58 PM |
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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 ?
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.
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nicolas1979
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May 28, 2017, 01:11:12 PM |
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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 ?
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.
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Sniper44
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May 28, 2017, 01:46:53 PM |
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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 ?
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.
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to the moon with bitcoin...
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xhienigat
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May 28, 2017, 04:04:15 PM |
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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!!
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~Bitcoin~
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May 28, 2017, 04:16:21 PM |
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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.
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singularityisnear
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May 28, 2017, 05:20:08 PM |
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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.
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omonuyak
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May 28, 2017, 08:15:57 PM |
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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 ?
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.
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phr0stbyt3
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May 28, 2017, 08:28:30 PM |
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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.
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equator
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May 28, 2017, 08:37:13 PM |
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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.
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BigBall
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May 28, 2017, 08:47:50 PM |
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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.
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TastyChillySauce00
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May 29, 2017, 04:25:09 AM |
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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.
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goldenchip
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May 29, 2017, 05:10:44 PM |
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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.
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bamboylee
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May 29, 2017, 06:37:31 PM |
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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.
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gabmen
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June 02, 2017, 11:07:33 AM |
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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 ?
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 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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peter0425
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June 03, 2017, 09:34:00 PM |
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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.
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.
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