Bitcoin Dump - The Worst Thing

[arwin100]

Pump and dump are part of the life of cryptocurrency. If something never gets dumped then there is no future for it. But Bitcoin dump creates a domino with other altcoins thats why people think that its a worst thing in trading. But when it dumps and stabilized, there will be more inflow for alts.

Whenever bitcoin dumps, altcoins should also start pumping their value but now, they are still in a dump even if bitcoin is starting to recover again. This may be the worst thing ever since all coins only depend on the value of bitcoin. But with altcoins, i think it will take more years for them to recover from a dump.

Actually I don't  know on where did you get that idea since the one I see is when bitcoins dump the altcoins will follow and I think  the reason of it is the bitcoin  is the main pair  on any alts in the market that's why we can see some bad  changes in the whole market if there's something though times happened. But hopefully it will not take longer years to recover since we hope for the block halving to  resolve the market upset happening these days.

[novaprime]

It's possible once you already gain the right knowledge to use incorporating every ideas that you learned to the best outcome that you need. Scalping might be too risky in such a manner that only risky traders can manage to take. To those who can't afford losing in the short period of time needs to continue holding and wait for the bounce to happen. The chance is slim and the percentage of profits is small but good enough if you executed correctly.

Man, you can see over 2 years, many altcoins was died or decreased more than 90%, seem to be worthless. I agree that we need knowledge and experiences if we want to earn from margin, but It's a possible way in this time, when almost holders lost their money day by day with the current market condition.

Altcoins are completely dependent on the value of Bitcoin, so in any case, Bitcoin should be more trusted. Currently, altcoins are no longer widely believed, so the risk can occur at any time if Bitcoin drops. In addition, altcoin investment will take a lot of time to wait and if you are unlucky, you will have a huge loss in this market. Of course, the final decision is yours and think carefully before doing this.

[FLoving]

It's possible once you already gain the right knowledge to use incorporating every ideas that you learned to the best outcome that you need. Scalping might be too risky in such a manner that only risky traders can manage to take. To those who can't afford losing in the short period of time needs to continue holding and wait for the bounce to happen. The chance is slim and the percentage of profits is small but good enough if you executed correctly.

Man, you can see over 2 years, many altcoins was died or decreased more than 90%, seem to be worthless. I agree that we need knowledge and experiences if we want to earn from margin, but It's a possible way in this time, when almost holders lost their money day by day with the current market condition.

Altcoins are completely dependent on the value of Bitcoin, so in any case, Bitcoin should be more trusted. Currently, altcoins are no longer widely believed, so the risk can occur at any time if Bitcoin drops. In addition, altcoin investment will take a lot of time to wait and if you are unlucky, you will have a huge loss in this market. Of course, the final decision is yours and think carefully before doing this.

The real point is that right now all of us have to wait for the good bull market and if that time came then none of the coin will perform bad. In the current market the altcoins is facing the same situation which bitcoin is facing. The coming year will be best for bitcoin so it will also be better for altcoins. It is not right that now altcoins are not good but actually their time will also come when bitcoin pump.

[Murat]

This word is really desirable for some people because when the price is high then Bitcoin holder could be happy at that moment, but in the overall situation would not be same, I think Bitcoin and cryptocurrency price should be under controlled and it would be under regulation, basically, Bump is not good for anything, For me, Slow and Steady is the best process for gaining anything, Bumping is really harmful to the crypto investors and traders, it should be checked for the well being of this platform, but the true is Bump is becoming the regular part of this cryptocurrency, so how could you avoid this?

[Karmakid]

It's possible once you already gain the right knowledge to use incorporating every ideas that you learned to the best outcome that you need. Scalping might be too risky in such a manner that only risky traders can manage to take. To those who can't afford losing in the short period of time needs to continue holding and wait for the bounce to happen. The chance is slim and the percentage of profits is small but good enough if you executed correctly.

Man, you can see over 2 years, many altcoins was died or decreased more than 90%, seem to be worthless. I agree that we need knowledge and experiences if we want to earn from margin, but It's a possible way in this time, when almost holders lost their money day by day with the current market condition.

Altcoins are completely dependent on the value of Bitcoin, so in any case, Bitcoin should be more trusted. Currently, altcoins are no longer widely believed, so the risk can occur at any time if Bitcoin drops. In addition, altcoin investment will take a lot of time to wait and if you are unlucky, you will have a huge loss in this market. Of course, the final decision is yours and think carefully before doing this.

The real point is that right now all of us have to wait for the good bull market and if that time came then none of the coin will perform bad. In the current market the altcoins is facing the same situation which bitcoin is facing. The coming year will be best for bitcoin so it will also be better for altcoins. It is not right that now altcoins are not good but actually their time will also come when bitcoin pump.

While the market for both bitcoin and altcoins are in a downward movement, we should really take advantage of this and buy a lot of cheap cryptocurrencies for holding until next year. I also believed that next year would be one of the best year for cryptocurrencies as there is a huge event for bitcoin and that would hype up the overall market resulting to a bull market.

[beerlover]

When a huge big bull comes then altcoins can't resist neither, people do not realize that when a huge bull happens no matter when it happened the price of altcoins started to go up as well.

There is a threshold where when bitcoin goes up the altcoins go down in bitcoin value (usually go up in dollar value) but at one point when bitcoin makes like 10x increase there is no way of stopping altcoins neither, it becomes so cheap in bitcoin and so high in dollar that people start to sell their hugely increased bitcoins and start buying really cheap altcoins that increases the dollar value of those altcoins insanely. It is not something easy to achieve but it is definitely something quite possible when bitcoin bull hype happens. We just have to wait for it for now.

[shoreno]

This word is really desirable for some people because when the price is high then Bitcoin holder could be happy at that moment, but in the overall situation would not be same

yes of course because that is the main attraction here in bitcoin  . wont you be happy if you witness the price is growing ? or unless you dont have any bitcoin avaiable to sell .

, I think Bitcoin and cryptocurrency price should be under controlled and it would be under regulation, basically, Bump is not good for anything, For me, Slow and Steady is the best process for gaining anything, Bumping is really harmful to the crypto investors and traders, it should be checked for the well being of this platform, but the true is Bump is becoming the regular part of this cryptocurrency, so how could you avoid this?

but the regulation can really control the price to not go dump  ? what i know is regulation can be beneficial on some aspects  .  bitcoin dump happens for a reason and you cant say that its not good for us but others did get benefit from this  . you must only know your side if were you belong whether you can do  better on the dump or on the pump

[ajaymukund]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

yes, that's for sure. so we should look at how Bitcoin is judging the alts. We have to accept long-term losses as the price of bitcoin has not grown in the last 5 months as it is in a downtrend. This is a great experience for us in the next few years. The thing that we should do now is to store bitcoins now and make a big profit in 2020. One way to be profitable in the long term.

[wajik-tempe]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

yes, that's for sure. so we should look at how Bitcoin is judging the alts. We have to accept long-term losses as the price of bitcoin has not grown in the last 5 months as it is in a downtrend. This is a great experience for us in the next few years. The thing that we should do now is to store bitcoins now and make a big profit in 2020. One way to be profitable in the long term.

But also no one will guarantee bitcoin in 2020 will better compared to this year because i'm really sure bitcoin price is controlled by the group of whales. All we have to is follow their wave and don't get trapped by FOMO. We have to ready with any condition that will come next year but i have a feeling the price will pump one year after the halving just like the bitcoin halving before back in 2016

[iv4n]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

yes, that's for sure. so we should look at how Bitcoin is judging the alts. We have to accept long-term losses as the price of bitcoin has not grown in the last 5 months as it is in a downtrend. This is a great experience for us in the next few years. The thing that we should do now is to store bitcoins now and make a big profit in 2020. One way to be profitable in the long term.

But also no one will guarantee bitcoin in 2020 will better compared to this year because i'm really sure bitcoin price is controlled by the group of whales. All we have to is follow their wave and don't get trapped by FOMO. We have to ready with any condition that will come next year but i have a feeling the price will pump one year after the halving just like the bitcoin halving before back in 2016

Bitcoin dump can be the best thing if you had plans to short it. If you sold right before the drop, that drop is the great buying opportunity for you. Depending on the drop, you can double your bitcoins if you hit the right time for selling and later for buying.
In crypto you can try to turn every situation in your advantage, its a skill! At least try to something more before you start complaining.

[bettercrypto]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

Let us always assume that if there is a dump, there would also a probability of trend reversal nor changes of price action. When bitcoin crash, expect that altcoins will follow the same path.
I think it could be beneficial once you hit the bottom pick. If you bought when there is a decline in the market and sell when it reaches again the peak. But it is really hard to achieve.

[Best Dreams]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

yes, that's for sure. so we should look at how Bitcoin is judging the alts. We have to accept long-term losses as the price of bitcoin has not grown in the last 5 months as it is in a downtrend. This is a great experience for us in the next few years. The thing that we should do now is to store bitcoins now and make a big profit in 2020. One way to be profitable in the long term.

But also no one will guarantee bitcoin in 2020 will better compared to this year because i'm really sure bitcoin price is controlled by the group of whales. All we have to is follow their wave and don't get trapped by FOMO. We have to ready with any condition that will come next year but i have a feeling the price will pump one year after the halving just like the bitcoin halving before back in 2016

Bitcoin dump can be the best thing if you had plans to short it. If you sold right before the drop, that drop is the great buying opportunity for you. Depending on the drop, you can double your bitcoins if you hit the right time for selling and later for buying.
In crypto you can try to turn every situation in your advantage, its a skill! At least try to something more before you start complaining.

Yes, dumping is natural and if the price fall makes us worried it’s no big deal if you sell your coins when projects are at height and you will make a huge profit but if you will sell at dump it is huge lose of your money better keep holding and controlling the emotions to become worried. Patience is the key to success in the dumping market.

[alisonwonder]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

I think when bitcoin dump why altcoin also dump, because when bitcoin dumps everyone will try to buy at the lowest price, so who hold altcoins sometimes follow the bitcoin trend. but when bitcoin is stable, altcoin will pump.

[Taskford]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

yes, that's for sure. so we should look at how Bitcoin is judging the alts. We have to accept long-term losses as the price of bitcoin has not grown in the last 5 months as it is in a downtrend. This is a great experience for us in the next few years. The thing that we should do now is to store bitcoins now and make a big profit in 2020. One way to be profitable in the long term.

But also no one will guarantee bitcoin in 2020 will better compared to this year because i'm really sure bitcoin price is controlled by the group of whales. All we have to is follow their wave and don't get trapped by FOMO. We have to ready with any condition that will come next year but i have a feeling the price will pump one year after the halving just like the bitcoin halving before back in 2016

Bitcoin dump can be the best thing if you had plans to short it. If you sold right before the drop, that drop is the great buying opportunity for you. Depending on the drop, you can double your bitcoins if you hit the right time for selling and later for buying.
In crypto you can try to turn every situation in your advantage, its a skill! At least try to something more before you start complaining.

Yes, dumping is natural and if the price fall makes us worried it’s no big deal if you sell your coins when projects are at height and you will make a huge profit but if you will sell at dump it is huge lose of your money better keep holding and controlling the emotions to become worried. Patience is the key to success in the dumping market.

Sometimes dumping is  the best solution for us to gain back since if you do a cut loss and buy again for sure you will get back what you lose or you will earn huge money when price goes pump and also I can't actually blame people to get confuse or feel down when they see the market is falling since it's totally depressing to see our hold is losing  to much that's why we can see many people crying when market is totally in bad  state.

[miningguru]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

I think when bitcoin dump why altcoin also dump, because when bitcoin dumps everyone will try to buy at the lowest price, so who hold altcoins sometimes follow the bitcoin trend. but when bitcoin is stable, altcoin will pump.

Yes, now the market situation is completely unpredictable because whenever Bitcoin dumps and Pump altcoin prices are kept decreasing and it is giving very good opportunity for the investors to grab the low valued altcoins. When again Bitcoin is becoming stable then the altcoins will start increasing their prices.

[Taskford]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

I think when bitcoin dump why altcoin also dump, because when bitcoin dumps everyone will try to buy at the lowest price, so who hold altcoins sometimes follow the bitcoin trend. but when bitcoin is stable, altcoin will pump.

Yes, now the market situation is completely unpredictable because whenever Bitcoin dumps and Pump altcoin prices are kept decreasing and it is giving very good opportunity for the investors to grab the low valued altcoins. When again Bitcoin is becoming stable then the altcoins will start increasing their prices.

Agree that's why there's no need to be afraid on the situation of the alts since for sure there is a great comeback coming unto them when there's a great things will happen on bitcoins and we should remember that there is a halving coming which could lead for a good price growth so provably  we can experience the great market price bursting just like what happen in year 2017 events.

[alisonwonder]

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

I think when bitcoin dump why altcoin also dump, because when bitcoin dumps everyone will try to buy at the lowest price, so who hold altcoins sometimes follow the bitcoin trend. but when bitcoin is stable, altcoin will pump.

Yes, now the market situation is completely unpredictable because whenever Bitcoin dumps and Pump altcoin prices are kept decreasing and it is giving very good opportunity for the investors to grab the low valued altcoins. When again Bitcoin is becoming stable then the altcoins will start increasing their prices.

Agree that's why there's no need to be afraid on the situation of the alts since for sure there is a great comeback coming unto them when there's a great things will happen on bitcoins and we should remember that there is a halving coming which could lead for a good price growth so provably  we can experience the great market price bursting just like what happen in year 2017 events.

but keep in mind, for now don't hold too long altcoin, because it's true that the situation is difficult to predict, even the price of altcoin can be very low. You can see the comparison of last year and now, most of them have decreased 90%. but bitcoin, the situation will be better even if it drops below 50% after touching ATH. but sure next year will make a comeback and even make a new ATH.

[JC btc]

Agree that's why there's no need to be afraid on the situation of the alts since for sure there is a great comeback coming unto them when there's a great things will happen on bitcoins and we should remember that there is a halving coming which could lead for a good price growth so provably  we can experience the great market price bursting just like what happen in year 2017 events.

Although we cannot really control the market, but we can control our emotion, let's always remember that we cannot really force the market of crypto as it is really unpredictable, so we should be able to stay focus and still consider the worst case scenario once the Bitcoin dumps, we should be ready when that happens.

[wxa7115]

This is the reality of altcoins. They highly depend on bitcoin for their value. Even the king of altcoins cannot make progress without bitcoin moving forward. Even in 2017, it was able to gain high value of almost 1k dollars and above with the help of the real king, bitcoin. Therefore, it is suggested to all the holders of crypto currencies to read and understand bitcoin first and then continue the job.

I am always surprised how that known fact is ignored by most traders, all the altcoins are completely dependent on how bitcoin moves, so if bitcoin is going up then most altcoins are going up and if bitcoin is going down then most altcoins are going down, it is so obvious that sometimes I wonder what kind of level the investors and the traders in this market have that they cannot comprehend that simple pattern.

It only makes sense to invest in altcoins when it is very clear that we are in the middle of an altcoin season and it should not be very surprising that such thing only happens when bitcoin is in the middle of a huge bull market.

Or you can invest to an altcoin while the price is very low like few cents. You don't have to wait to buy in the middle of the bullrun because its going to be too late for you to realize the bullrun had already begun few months go. Its true despite BTC getting pumped, its also going to be dumped at every highs but it doesn't make the altcoins drop to zero.

I am not really a fan of such strategy, it may seem like it is a good idea to buy an altcoin when its value is very low but you are taking a huge risk, you are basically putting your money in a coin which you do not know if it is going to recover, look what is happening to coins like ethereum that after two years is still 90% away from its all time high, if the second best coin in the market is still showing those kind of tremendous losses what can you expect from other coins?

The truth is that if you invest in any coin that is lesser known not only you are risking to lose some of your money, there is a real risk that you could lose every single cent that you invested in such coin and I do not know about you but I'm not ready to take that risk.

[icekohl]

Newbies or not should be careful with the current trend of the market since we are in a little bearish trend. I don't know if this will stay stable for a week or two. The market is quite volatile to handle trading specially if the price continue like this. This dump is just a normal movement of bitcoin there's no need to worry.

Yes, I think this is just a correction of Bitcoin after after it had increased to $ 14k in the middle of this year. It has been accumulated for about 2 months now and lots of people predict the BTC price will drop sharply again by the end of this year. We better stand outside now.