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Author Topic: Wait for the dump  (Read 1070 times)
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February 28, 2021, 04:38:13 AM
 #141

I recommend to OP that simply put resources into what you can bear and hang tight for the benefit will come.
Everyone has their considerations and priorities, I'm sure the OP has its own considerations, Smiley
if someone is prone to panic and does not understand analytical techniques then it is better to trade long term, so when the market is dump or correction you will remain relaxed because you know where the market trend is going.
Don't be too pushy if you can't afford to trade short term, because trading long term is not a bad decision, and in fact many big players prefer to hold for the long term rather than the short term.
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February 28, 2021, 06:45:49 AM
 #142

Historically March hasn't been a good month for cryptocurrency generally, last year especially, but I'm kinda bullish this year march because majority of traders and investors are bearish, doing opposite of what majority do always works out in crypto space,  currently bitcoin is around $44k it might touch $40k then load up the dip

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February 28, 2021, 06:46:54 AM
 #143

I believe that you should not mix a dump with a regular correction. In my opinion, it is the correction that is underway. Why should we fall hard? I see no serious reason for this. The new US administration is generally quite aggressive in terms of stimulating markets. The tide raises all boats. All risky assets will grow, including Bitcoin and other cryptocurrencies.

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February 28, 2021, 10:32:55 AM
 #144

Market is excessively uneven with gigantic volumes and it doesn't bode well to enter and leave the market in this situation. What a smart individual would do is either continue holding in the event that he needn't bother with cash any time soon. Subsequently, there is no an ideal opportunity to hang tight for the landfill on the grounds that at any point in the near future the market will develop. I recommend to OP that simply put resources into what you can bear and hang tight for the benefit will come.
I think the same because when the market has recently seen a bull run it is not a great idea to buy bitcoin if you are looking to sell and make profit quickly, if you are going to invest for the future then even 100k is a cheap price to buy bitcoin. The best thing right now one can do as an investor is to wait and hold their coins or sell some if they are trader and buy again once a dip occurs.

The market will swing in both direction gentlemen, don't panic that you missed out. I know it might and should never reach 10k again but there is a decent chance that you can at least get at 10-15% less than the current price. Although there is a chance that it goes even higher before coming down so don't blame me if you miss, its everyone's own call whether they want to invest with the current price or not. I am just putting my own perspective.

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March 03, 2021, 08:49:19 PM
 #145

This is where the fun is. While everyone is waiting for a dump, the pump continues. The same thing happened at the start of the bull run. Everyone was waiting for a dump, but it was one, then again everyone continued to wait for a dump, but nothing happened. Notice how all the media sat and silently watched the growth of bitcoin. Everyone who said before that this is a bubble that will soon burst, they all ate their words.


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March 03, 2021, 08:59:06 PM
 #146

This is where the fun is. While everyone is waiting for a dump, the pump continues. The same thing happened at the start of the bull run. Everyone was waiting for a dump, but it was one, then again everyone continued to wait for a dump, but nothing happened. Notice how all the media sat and silently watched the growth of bitcoin. Everyone who said before that this is a bubble that will soon burst, they all ate their words.



Don't overestimate the power of bulls, mate. I'm not bearish on BTC but it's true that whenever such growth has been established by BTC, it used to retrace on a very big scale in order to keep the balance ongoing (the recent dump from $58k to under $44k outshook the world that what did just happen, but the same way they brought it up with a speedy recovery too). Though, I believe that whether the dump takes place or not, growth will be seen constantly in BTC.

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March 04, 2021, 04:24:44 PM
 #147

Historically March hasn't been a good month for cryptocurrency generally, last year especially, but I'm kinda bullish this year march because majority of traders and investors are bearish, doing opposite of what majority do always works out in crypto space,  currently bitcoin is around $44k it might touch $40k then load up the dip
When the market dumps, the same fate hit the sentiment of the people that are directly involved in it with open investments: all those emotions that are associated with a bull market and growth in general (excitement and confidence) gets crushed, leaving room to anger, disillusion and even depression.While things in the market get worse, social media, as a direct result, becomes crowded with angry and noisy people.
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March 04, 2021, 04:26:36 PM
 #148

If you are looking to book your profit it is a wise decision to book them if you think that the market could go down. Assuming that the investment you make are extra funds you should book profit once in a while rather than holding for the infinite long term and for that you need to study the market trends carefully and sell everything once the trend reverses and wait for the market to settle down to enter once again at the bottom.
You may be correct only time will tell but I have no reason to believe that the market will ever come down again and I would instead suggest that the price of bitcoin is only going to go in one direction and that is higher. My reasoning for the advice is that now big companies are embracing and accepting bitcoins like Tesla Motors did some time ago. Would you sell something that the market is otherwise trying to buy? I wouldn't.

2017 is very similar to 2021 and there is a hope that BTC will be able to reach $ 100,000 for one coin, but everything can also change dramatically and go not according to plan.
In 2017 the price went massive because it might have been planned and organized by some big investors as they usually do with small altcoins, pump and dump, they might have done that with Bitcoin and later dumped the market. This year like I said above, big companies and investors are embracing bitcoin and I think the raise in price this time is genuine and not planned.

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March 04, 2021, 05:54:22 PM
 #149

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

We might not see bitcoin dump as we seen after December 2017. This time the situation and trends are different. Masses started adopting bitcoin and new kind of hype is created. Chances are that the price might go past $60k in coming months but the chances of BTC crossing $100k are highly unlikely. Might be in 2022 we see $100k price, subjected to legalization of BTC in major countries and investment from more multi national companies.

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March 04, 2021, 06:40:20 PM
 #150

It is wrong to wait for the dump in crypto currency token prices, there are high tendencies that if you wait for the dump, you might not be opportune to participate in the bear market. The best strategy is to prepare for the dump, this way you get to tidy up research details, figure out what coin and what entry price Etc

Well, I think it really depends on where you're coming from. If you have been in it for years then waiting fro the dump is not something you want to do as you'll want to maximise profits. If worse comes to worst, when it dips you can buy in if you think you can hold out the dip.

Though just waiting for dips to buy may also not be the best as it may never reach that level you're prepared to buy. So it is not as straight forward as others think - there's a risk at every stage whether you're in the market or not.
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March 04, 2021, 08:06:21 PM
 #151

It is wrong to wait for the dump in crypto currency token prices, there are high tendencies that if you wait for the dump, you might not be opportune to participate in the bear market. The best strategy is to prepare for the dump, this way you get to tidy up research details, figure out what coin and what entry price Etc

Well, I think it really depends on where you're coming from. If you have been in it for years then waiting fro the dump is not something you want to do as you'll want to maximise profits. If worse comes to worst, when it dips you can buy in if you think you can hold out the dip.

Though just waiting for dips to buy may also not be the best as it may never reach that level you're prepared to buy. So it is not as straight forward as others think - there's a risk at every stage whether you're in the market or not.
Every move you would make would always accompanied by risk which people should really be thinking off because this market is always been unpredictable.
You wouldnt know on what would be the possible dip and what would be the possible peak price.If you do wait up for some unrealistic low price level then
you are really be risking out on missing lots of possible buyback opportunities just because you do wait up for a target but eventually the price hadnt
able to reach that low which means that will be a miss.Investors/traders does have different goals that had been set on mind thats why
actions will really be not the same.

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March 04, 2021, 09:13:23 PM
 #152

There are lots of people that have been expecting bitcoin dump but we might not see bitcoin dump the way people have being thinking am very sure bitcoin will not even dump self the only thing I believe that will happen now is correction which is already happening and it is normal and healthy. I believe bitcoin next bull run will be massive bitcoin will be heading to $100k in the next few months. So people that have been expecting dump I believe this is the right time to Buy and hold if you are expecting dump you will be suprise that the bull run will pass you by and you will regret why you did not buy it now.

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March 04, 2021, 09:20:44 PM
 #153


A lot of people says to enter in BTC now because it'll soon reach $100k, but its value now already $50k, so entering now will only double the bet
That's why for me BTC is not a great opportunity anymore
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March 04, 2021, 11:37:34 PM
 #154

Not sure if $100k happening this year, but the bullish trend seems to continue. According to some expert channels of crypto price predictions, the price of Bitcoin will be pumped to $55K-$60K. And the possible highest price to reach is about $80K, but they don't tell if the Bitcoin price can reach $100K. To be honest, $100k is a big rate and should need more time to achieve it. Also, it will be difficult to happen if there is no big news to support Bitcoin price improvement anymore.

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yohananaomi
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March 09, 2021, 01:49:51 AM
 #155

Not sure if $100k happening this year, but the bullish trend seems to continue. According to some expert channels of crypto price predictions, the price of Bitcoin will be pumped to $55K-$60K. And the possible highest price to reach is about $80K, but they don't tell if the Bitcoin price can reach $100K. To be honest, $100k is a big rate and should need more time to achieve it. Also, it will be difficult to happen if there is no big news to support Bitcoin price improvement anymore.

still confusing about the $ 100K hike, some say it will still happen this year but some are also doubtful, like those of you who say it might be up to only $ 80K.
but if I pay attention that the increase from last year is not from the Halving effect, which I know is due to the effect of @elonmusk with its Teslanya and other big companies buying up bitcoin.

It seems that the effect of @elonmusk has not finished at all, until the beginning of the year, when there should be a correction, it will continue to increase. If this increase is true until the end of the year, it is certain that there will be a halving effect at the end of the year which could be spectacular if bitcoin has remained stable at $ 45K- $ 55K for the past few months.

we will wait to see if it really happened or what you say is the thing that really wanted.

Fakhrulenclix
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March 09, 2021, 10:40:01 PM
 #156

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?
What do you think about this March? Did you see a sign of dump?? I will say in this March will different, All coin is starting to recover and we will see another pump. I mean you can't just use 2017 as a reference, fundamental and technical are the most important. A lot of people miss the train, don't be one of them

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Fatunad
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March 09, 2021, 11:57:25 PM
 #157

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?
What do you think about this March? Did you see a sign of dump?? I will say in this March will different, All coin is starting to recover and we will see another pump. I mean you can't just use 2017 as a reference, fundamental and technical are the most important. A lot of people miss the train, don't be one of them
People would always love to look up on things that happened in the past which they do believe that it can really affect on things that might happen in the future.There's no actually proof on that
but presuming or assumptions would really be there and people cant really just ignore those this is why we do see several analysis that do always correlates with the past events.
It isnt bad to look bad though but relying on it on highest manner will really be affecting on things that is currently happening on the present or does affect your plans with the future.
So better take it with caution and awareness so that you wont really be overdoing it.

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whyrqa
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March 12, 2021, 12:38:27 PM
 #158

There are lots of people that have been expecting bitcoin dump but we might not see bitcoin dump the way people have being thinking am very sure bitcoin will not even dump self the only thing I believe that will happen now is correction which is already happening and it is normal and healthy. I believe bitcoin next bull run will be massive bitcoin will be heading to $100k in the next few months. So people that have been expecting dump I believe this is the right time to Buy and hold if you are expecting dump you will be suprise that the bull run will pass you by and you will regret why you did not buy it now.
The inflow of investments in bitcoin is increasing and this speaks only of a positive growth trend in the near future. And nevertheless, market corrections should not cause any panic among users, since in 2017 Bitcoin was climbing to its historical ATH with periodic corrections. So at the moment, nothing unusual and terrible has happened.

#business #forextrader #bitcoinnews #invest
kotajikikox
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March 12, 2021, 12:52:06 PM
 #159

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?
It is really tough to predict that bitcoin will hit $100k or not. But we can buy bitcoin every day as possible for ours within our budget. We should not wait for the price dump all the time.
why instead of having a problem purchasing Bitcoin because of the Huge price now is try checking the altcoins and look for which you may buy?
It is not always Bitcoin that will make you profiting , most of the time there is altcoins that will make you have 5 folds , not like bitcoin that you will lucky to have 2 folds in a 1 year span of time.
though you are also correct that buying within the budget from time to time will not damage your investment strategy when dump comes.

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March 12, 2021, 01:10:05 PM
 #160

Bitcoin is not going to be dumped as long as the price goes up everyone thinks that the price of bitcoin will go down but its second wave will rise again this time bitcoin will double its current price I think now is the time to invest without holding the dump. The market will still recover from the bull run bitcoin is rising twice as high as in 2017 therefore, we have to move forward with the faith of all.
bullish again and again...
the current price is just a 'checkpoint' for Bitcoin to $ 1 million dollars. I was sure that Bitcoin would pass $ 100k by the end of the year. *buy more and sit back at home is the best welcome activity for $ 100k



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