Bitcoin Dump - The Worst Thing

[Malamok101]

Well based on top traders always invest in bitcoin and it is the most good coins of all so its a big problem for them if bitcoin dumps it will be a huge loss for those holders.

[coinfinger]

It's really out of our hands since Bitcoin is the market leader it's inevitable for it to influence other coins in the market and it can trigger selling in this crypto as well which makes all coins result into losing all of their value. And why do you think a dump is a bad thing? In the trading world there is no such thing as a "bad thing" as traders can take advantage of all scenarios whether it is going up or the prices are going down, the most important thing about this is you need to position your money right for it to be in your favor. When prices are going down it's better that you have offloaded your position before hand and buy them later when it has bottomed out. When prices are going up it is better that you have already positions at the bottom so that all you need to do is to trigger a sell order for your crypto.

Completely with you on this, actually dumps are good in one way at least that it gives opportunity for those who want to buy bitcoins but want it to drop a bit before they make a buy order. For example if I want to buy a certain coin, I personally follow it for weeks (in case of alt coins) and once the price falls down by some value, I then execute my order.

And to be honest, someone who gets worried by a dump does not deserve to have the benefits when the price goes crazy and everyone wonders why they haven't bought some when it was cheap. I mean you got to have faith in something for them to pay you back!

[Webetcoins]

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.

There is no doubt in this fact that bitcoin is the leading currency in the world of crypto currencies and all coins are following it for rise and fall in values. Bitcoin has started recovering in price and in some time, altcoins will also show positive signs in prices. Altcoins take time to recover from dumps as they are not as strong as bitcoin is. In the coming months, altcoins will be seen at nice prices with bitcoin.

[Quidat]

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.

Not all the times because prices arent anytime correlated to each other on where btc price falls alts might rise.We have seen these events
same in the past but now were seeing the different one but well anytime it can happen.Its just random because traders/investors do have different
goals either they do accumulate alts when btc price drops or would simply switch up to fiat.Dump is an inevitable thing but it doesnt mean
that you cant make any profits with it.Think again!

[Emitdama]

It is fascinating that we same people are optimistic of bitcoins reaching $50k and $100k and then we are worried if even bitcoins falls a few hundred dollars for a couple of weeks. Sometimes I feel like how good and faithful the early investors must be because they just invested and there was no visible sign of pump either.

If we are actual investors and believe in bitcoins then these small obstacles should not bother us, yeah we are all upset when price falls but there must not be a dejected feeling being upset is a normal trend on price drop of any asset you buy but there must be a trust and faith in what you invested and if you don't then sell your assets now.

[buwaytress]

It is fascinating that we same people are optimistic of bitcoins reaching $50k and $100k and then we are worried if even bitcoins falls a few hundred dollars for a couple of weeks.

Normal human psychology, really, if you think about it, and seen most often at the casino. When your luck's good and the winning streak doesn't end, no one questions it, they want it to last as long as it can. Same thing happened in the crypto bullrun. People were shellshocked from 4k to 10k, but once price kept going to 19k, they didn't want it to end. No more talk of manipulation and no complaints. Everyone was piling it on.

When I say no one, I do mean among the voices that speak, of course. Those who stay silent always do in whichever climate.

[BitcoinTurk]

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?

Although the rapid decline of the Bitcoin price is bad and negative, I would like to point out that the momentary Bitcoin price rise for the prices of alternative crypto currencies is also bad. Yes, when the price of Bitcoin drops quickly, the prices of alternative crypto currencies fall much faster and much harder, but not only this Bitcoin decline but also the rise of Bitcoin has now become an investor's nightmare. Therefore, I think it is better to interpret the price movements in this way instead of just evaluating the downward trend.

[tbterryboy]

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.

We can't control the market but some big investors do control the market and they often sell off some coins from time to time to make the market panic and buy more bitcoins at a cheaper rate. What people must understand is that if there is no genuine reason why price is dropping for example mt gox scam happened that time it's obvious price to go down but if there is no visible reason why the price is going down, then we must understand that someone or maybe a group of people are trying to control the market and we as small investors must not fall into such traps.

The more serious we as traders get the least we will be affected by sudden market falls and swings. Similarly when price goes up, we should not be too happy about it because each pump is followed by a dump later.

[kanayaTabitha]

It is fascinating that we same people are optimistic of bitcoins reaching $50k and $100k and then we are worried if even bitcoins falls a few hundred dollars for a couple of weeks.

Normal human psychology, really, if you think about it, and seen most often at the casino. When your luck's good and the winning streak doesn't end, no one questions it, they want it to last as long as it can. Same thing happened in the crypto bullrun. People were shellshocked from 4k to 10k, but once price kept going to 19k, they didn't want it to end. No more talk of manipulation and no complaints. Everyone was piling it on.

When I say no one, I do mean among the voices that speak, of course. Those who stay silent always do in whichever climate.

I think the gambling thing is much different with bitcoin trading, bitcoin trading is based on demands while casino gambling is just depends on luck.
So, it almost 99% imposibble for bitcoin to drop that high and people should be not afraid as long as the demand is still high, we have to read the crypto news everytime if we have an investment in cryptocurrency so we won't get rekt when something bad happen to coin that we held.

[jostorres]

I feel like dump is the best thing that can happen to bitcoins. Look since the start of bitcoins there have been some early investors who invested and trusted in bitcoins and they have all the rights and deserve to earn with their investment. But, if you look at the bigger picture the more these big guys or investors are there in market the more the market will be unsaturated and will never be liquid.

So, every time they dump the price of bitcoin might fall but actually it gets stronger inside and market becomes more and more mature in terms of depth and liquidity so yeah dump hurts but only a bit because it comes with a satisfaction.

[Janation]

Well based on top traders always invest in bitcoin and it is the most good coins of all so its a big problem for them if bitcoin dumps it will be a huge loss for those holders.

Big Problem? How is that a problem?

I mean it is worrying when it dumps but it is not a problem since it is volatile, it is natural for it to dump. No one can predict what will happen, all we can do now is just to analyze the price chart and based on that, we make our investment. If it dumps, then let's not be salty about it, let's make it another way to earn by investing again if we can.

[doomistake]

I wouldn't call it the worst thing, it will be worst only if you are going to panic and sell all of your coins, in fact, to the brighter side of this topic, dump is an stepping stone to whoever wants to gain profits in the long run, do the classic, buy low and sell high, but in addition, you also have to study about price prediction, chart analysis, that way, you could maximize the chance you have in making profits while you are waiting for the bull run.

[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?

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.

Not all the times because prices arent anytime correlated to each other on where btc price falls alts might rise.We have seen these events
same in the past but now were seeing the different one but well anytime it can happen.Its just random because traders/investors do have different
goals either they do accumulate alts when btc price drops or would simply switch up to fiat.Dump is an inevitable thing but it doesnt mean
that you cant make any profits with it.Think again!

Yeah, bitcoin in price Will rise and fall but we will have to take advantage from it and not to panic our coins until it fully rises again. We are in the digital era so crypto coins will rise and fall but we will have to move according to it. Try to buy some coins when the price is falling so we should try to buy when it down and simply try to store some low price bitcoin.

[bitcoin31]

Bitcoin dump makes altcoins dump too and we're affected on that because we are the investors and for sure once it increase altcoins will be next so if you are worry about what happened now just better to calm and wait for the price to rise and not be panic.  We know most of us wants bitcoin rise but now we need to do is wait and not to sell it.

[janggernaut]

Bitcoin dump makes altcoins dump too and we're affected on that because we are the investors and for sure once it increase altcoins will be next so if you are worry about what happened now just better to calm and wait for the price to rise and not be panic.  We know most of us wants bitcoin rise but now we need to do is wait and not to sell it.

Altcoins got dumped because bitcoin value has dropped too after got dump. As soon as bitcoin started to rise again (especially we are about to face another bitcoin halving, this is the best time to buy or accumulate bitcoin more). But being a calm investor isn't easy, you must really really patient to wait until market recover which mostly takes long time (after years) before it happens

[Savemore]

Bitcoin dump makes altcoins dump too and we're affected on that because we are the investors and for sure once it increase altcoins will be next so if you are worry about what happened now just better to calm and wait for the price to rise and not be panic.  We know most of us wants bitcoin rise but now we need to do is wait and not to sell it.

Altcoins got dumped because bitcoin value has dropped too after got dump. As soon as bitcoin started to rise again (especially we are about to face another bitcoin halving, this is the best time to buy or accumulate bitcoin more). But being a calm investor isn't easy, you must really really patient to wait until market recover which mostly takes long time (after years) before it happens

But there ways to avoid to get dumped. I'm a trader and I will not let my position to get dumped. I have a big amount in my portfolio and my focus is to protect it and to increase it and that is why I have good risk management. I have a cut loss point where if the price reach it I will immediately sell all my positions. Having a cut loss price can help us to easily avoid dump in the market and all of traders and investors should have it.

[ultrloa]

Bitcoin dump makes altcoins dump too and we're affected on that because we are the investors and for sure once it increase altcoins will be next so if you are worry about what happened now just better to calm and wait for the price to rise and not be panic.  We know most of us wants bitcoin rise but now we need to do is wait and not to sell it.

Altcoins got dumped because bitcoin value has dropped too after got dump. As soon as bitcoin started to rise again (especially we are about to face another bitcoin halving, this is the best time to buy or accumulate bitcoin more). But being a calm investor isn't easy, you must really really patient to wait until market recover which mostly takes long time (after years) before it happens

But there ways to avoid to get dumped. I'm a trader and I will not let my position to get dumped. I have a big amount in my portfolio and my focus is to protect it and to increase it and that is why I have good risk management. I have a cut loss point where if the price reach it I will immediately sell all my positions. Having a cut loss price can help us to easily avoid dump in the market and all of traders and investors should have it.

Actually cut loss is a smart decision made by a trader since it lessen the stress for their selves and can bring up those losses in single instance since if you choose to hold and wait for sure it will be more stress out to see the upcoming results and provably you will get less or nothing when time your coin bag hold pumps in single blink. but I wonder how those actually works in big portfolios since I'm kinda not a big trader since I only trade a little and don't try to manipulate the market yet.

[wxa7115]

It's really out of our hands since Bitcoin is the market leader it's inevitable for it to influence other coins in the market and it can trigger selling in this crypto as well which makes all coins result into losing all of their value. And why do you think a dump is a bad thing? In the trading world there is no such thing as a "bad thing" as traders can take advantage of all scenarios whether it is going up or the prices are going down, the most important thing about this is you need to position your money right for it to be in your favor. When prices are going down it's better that you have offloaded your position before hand and buy them later when it has bottomed out. When prices are going up it is better that you have already positions at the bottom so that all you need to do is to trigger a sell order for your crypto.

Completely with you on this, actually dumps are good in one way at least that it gives opportunity for those who want to buy bitcoins but want it to drop a bit before they make a buy order. For example if I want to buy a certain coin, I personally follow it for weeks (in case of alt coins) and once the price falls down by some value, I then execute my order.

And to be honest, someone who gets worried by a dump does not deserve to have the benefits when the price goes crazy and everyone wonders why they haven't bought some when it was cheap. I mean you got to have faith in something for them to pay you back!

Some people have completely unrealistic expectations out of this market or any market in general, they seem to think that the only way in which they can get profits is for the market to always go up and when it dumps they are disappointed when it is something completely natural that happens in all the markets, if it wasn't for those variations in the price it will be impossible to buy a coin for a reasonable price and then sell it when it has been giving you profits.

So we must take the good with the bad and even if I have lost some money in the market of cryptocurrencies the amount that I have earned makes up for it.

[jazmuzika217]

You are right. If bitcoin dump all crypto will be affected because all we know that bitcoin is the most popular and known as the most powerful coin in crypto world yet netizens will know that already dump? I think their respect and interest in all crypto will also dump. Bitcoin is huge asset of crypto

[Subbir]

One thing I noticed is that when the price of bitcoin goes up other coins are priced the same as dollars. the price goes down the price of other coins actually decreases These things cannot yet be fully realized yet there is still much to know and learn Only then can this be inferred we can understand better.