Anyone predicted this new little dip in btc?

[CHUPARO]

I'm just curious cause i thought that btc price would go up at around 4500 value. I traded these days at the 3850-4100 values and now i'm "stuck" in BCC.

[mk4]

A lot of people expected this second dip when the prices went back to around $4000, including me. It's not like I did like super extensive chart analysis on the prices, it's just that bull traps has happened alot in the past and I didn't see why it wouldn't happen again. I personally think it's gonna go back up to $4000 after this dip though. The only question for me is that how long are we gonna stay at the $3500-$3600 price range. Take this with a grain of salt as I'm in no way a pro trader.

How did you end up in BCC while trading BTC though? LOL

[CHUPARO]

Well i just got tired trading usdt-btc only so i thought i should put my whole investment in bcc, at 0.123 price(stupid move, but hey, i'm a rookie), and thought i should sell it at 0.127 bcc, then sell all my btc at 4100 again. But this little crash made me realize that i have done  a stupid move , and also the fact that i bought the BCC HIGH. I guess i didn't spent enough time thinking about it.

[mk4]

Well i just got tired trading usdt-btc only so i thought i should put my whole investment in bcc, at 0.123 price(stupid move, but hey, i'm a rookie), and thought i should sell it at 0.127 bcc, then sell all my btc at 4100 again. But this little crash made me realize that i have done  a stupid move , and also the fact that i bought the BCC HIGH. I guess i didn't spent enough time thinking about it.

Meh. Common mistake. I did the same with IOTA in the past. Making decent profit everyday trading at around $.79-$.93. Guess what? I got too greedy and went big on around $.79. Then the crash happened the following day. LOL. An expensive mistake. But it's a lesson I guess. Should you sell right now? It depends if you think you can make it back with the loss you're taking. But personally I'd just hold.

[audaciousbeing]

Well i just got tired trading usdt-btc only so i thought i should put my whole investment in bcc, at 0.123 price(stupid move, but hey, i'm a rookie), and thought i should sell it at 0.127 bcc, then sell all my btc at 4100 again. But this little crash made me realize that i have done  a stupid move , and also the fact that i bought the BCC HIGH. I guess i didn't spent enough time thinking about it.

At one point or the other we make some mistake that we wished we don't. Man its trading and you cannot get it right every time at least there will be some room for error. My own trading was discourage when I bought a particular coin, not BCC though with small amount, but noticed its going on the high side so, I just decide to go all in and in 2 hours, it just came crashing and for over a week, I am stuck with it.

But it doesn't matter, because I  understand its one of those things and being wrong is not a bad thing for whatever reason. When I am ready to sell, I do it by counting my losses.

[moataz_ansary]

Yes i was predicted that and predict another dip till 30 September
Wish this china exchange ban game ended

[Siren]

Yes i was predicted that and predict another dip till 30 September
Wish this china exchange ban game ended

I think this dip has still the "China effect", because the Chinese exchanges operation will began to unwind their business. The first one will go offline on Sept 28 if I'm not mistaken then the others will follow as well till October. So its very possible that the Chinese dumping has started but not as big as what we've seen during the ICO ban announcement. I know that this will makes us nervous again, but I'm looking at it at the bright side, maybe we can see the price floor so its gonna be a good entry point for most of us again. And I read that Dimon has started his second round of attack on bitcoin so it may have contribute as well to the price going south today.

[DaMut]

The party has not begin yet so prepare yourself,
We will be facing another downward movement until the end of this month or early-mid october.i heard the exchanger in the chinese will be closing their service at the end of this month(probably) so we should see a flash crash around that time and expecting another bullrun in the next month.
Slowly,the users will be moving their assets to other exchanger and make the price declining(chinese exchange),and it will trigger the weak hands and another fudster.

Bcc will be back i think to the level 0.13~0.15 when the next run happen(probably),but you should know who is the biggest supporter of this coin,right ?

[vasrasus]

The party has not begin yet so prepare yourself,
We will be facing another downward movement until the end of this month or early-mid october.i heard the exchanger in the chinese will be closing their service at the end of this month(probably) so we should see a flash crash around that time and expecting another bullrun in the next month.
Slowly,the users will be moving their assets to other exchanger and make the price declining(chinese exchange),and it will trigger the weak hands and another fudster.

Bcc will be back i think to the level 0.13~0.15 when the next run happen(probably),but you should know who is the biggest supporter of this coin,right ?

Expect the downfall until November, that I don't even looking much on the chart price. Recovering od btc from China banning is too fast than expected so we will see soon more of downward maybe until November.

[Sobol101]

I'm just curious cause i thought that btc price would go up at around 4500 value. I traded these days at the 3850-4100 values and now i'm "stuck" in BCC.

Nothing happens all the time, there must always be a recession, and so many predicted up to 5,000 and now it's gone, now we'll look, it's hard to predict, but intuition yes.

[alyssa85]

Well i just got tired trading usdt-btc only so i thought i should put my whole investment in bcc, at 0.123 price(stupid move, but hey, i'm a rookie), and thought i should sell it at 0.127 bcc, then sell all my btc at 4100 again. But this little crash made me realize that i have done  a stupid move , and also the fact that i bought the BCC HIGH. I guess i didn't spent enough time thinking about it.

Are you referring to bitcoincash (BCH) or bitconnect (BCC)?

I am expecting Bitcoincash to be pumped in November to coincide with the probability of bitcoin forking again. (The people behind bitcoincash want their coin to be the main coin, and November is their best opportunity).

[777Bitcoin]

In not expecting that at all, as the price statutes to recover and increasing I thought it would be a marathon until 5000$ but in some reason it stuck at 4150$ and decreases again and again. Maybe most investors has still doubt left in they're mind as of the moment china issues still unsolved.

[bitcub]

Wise traders doesnt trade during Bitcoin major retracements. The market is so bearish, see you stuck with BCC.

Wait until bitcoin has reached the dip then you can buy alts

I'm just curious cause i thought that btc price would go up at around 4500 value. I traded these days at the 3850-4100 values and now i'm "stuck" in BCC.

[miningguru]

The party has not begin yet so prepare yourself,
We will be facing another downward movement until the end of this month or early-mid october.i heard the exchanger in the chinese will be closing their service at the end of this month(probably) so we should see a flash crash around that time and expecting another bullrun in the next month.
Slowly,the users will be moving their assets to other exchanger and make the price declining(chinese exchange),and it will trigger the weak hands and another fudster.

Bcc will be back i think to the level 0.13~0.15 when the next run happen(probably),but you should know who is the biggest supporter of this coin,right ?

Expect the downfall until November, that I don't even looking much on the chart price. Recovering od btc from China banning is too fast than expected so we will see soon more of downward maybe until November.

Even after China Banning announcement the market is in a critical situation many people who at 4500$ above are in a dilemma whether the price of Bitcoin will increase or not. Yes, you are right we can see some downfall until China release any positive news about the legal terms.

[Jafri101]

I'm just curious cause i thought that btc price would go up at around 4500 value. I traded these days at the 3850-4100 values and now i'm "stuck" in BCC.

If you go tbrough the bitcoin prices since 3years then you can observe that when ever bitcoin price are baing static they dumps and suddenly jumps. And second reason is ofcourse china's ban so overall i beleive there will be a pump in bitcoin price but not as huge as before it had use to be..

[AtheistAKASaneBrain]

Well i just got tired trading usdt-btc only so i thought i should put my whole investment in bcc, at 0.123 price(stupid move, but hey, i'm a rookie), and thought i should sell it at 0.127 bcc, then sell all my btc at 4100 again. But this little crash made me realize that i have done  a stupid move , and also the fact that i bought the BCC HIGH. I guess i didn't spent enough time thinking about it.

Are you referring to bitcoincash (BCH) or bitconnect (BCC)?

I am expecting Bitcoincash to be pumped in November to coincide with the probability of bitcoin forking again. (The people behind bitcoincash want their coin to be the main coin, and November is their best opportunity).

BitcoinCrash will crash as its name implies, as soon as it gets pumped, a there are millions of wallets full of BCash out there waiting to be dumped at a good price. That is what happens with every bitcoin fork, you are at constant risk of getting dumped because all these coins got distributed for free, so there's a constant bear pressure.

I wouldn't count on BitcoinCrash to perform anything more than a quick pump and dump.

Segwit2x is a disaster and I hope everyone involves pays for it.

[hasmukh_rawal]

I'm just curious cause i thought that btc price would go up at around 4500 value. I traded these days at the 3850-4100 values and now i'm "stuck" in BCC.

This is really a big thing that people dont follow the trend or they fail to track the trend.what do they follow is they go on track and predict the tops and bottoms of the Bitcoin,which i think is not the right thing . we dont want to find the tops and bottom in order to make money . we just need to make money by our trades and if your are taking positions with the trend then you have high chances of your trade going in your direction. i think the BTC is soon going to cross $4000 for sure it is based on my technical analysis.

[ployfit]

I'm just curious cause i thought that btc price would go up at around 4500 value. I traded these days at the 3850-4100 values and now i'm "stuck" in BCC.

I thought the same thing and this costed me a lot by losing much usdt after that mistaken buy orders. I regret for it, we could have waited for more time to buy from more dip, but we didn't do anyway.

[goldade]

Although, I was hopeful that the price would continue to experience the upward trend but I was not too optimistic so when I saw that price had gone back to $3500+, I was not too perturbed but sincerely, I didn't see that coming but currently its gaining some points from yesterday. It better we expect something like this since the coast is not fully clear yet and no serious pish for price to reach a high level at this time.

[nl247]

I totally expected this dip was going to happen at least to test support. After this, there are some possibilities we may hit a new target and hover around it a little bit probably nothing happens again to cause any panic.