Wait for the dump

[FlashAlex]

Been waiting for too long now and bitcoin is still at the height of its momentum. Should've bought more when it dipped to 29k the last time. We are yet to see its major downfall but it seems like grasp is too strong at the moment.

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[Sebas.tian]

What do you guys think? $100k still happening this year?

Yes, bitcoin price is heading to $100k according to researcher. Base on what will are experiencing right now show that bitcoin price will not dump now until it get to $100k for many investors to earn more from their trade.
This is just the beginning of the price of bitcoin, because this year 2021, is the year of bitcoin before other cryptocurrencies will now take over the lead. 

[Ridwan Fauzi]

Been waiting for too long now and bitcoin is still at the height of its momentum. Should've bought more when it dipped to 29k the last time. We are yet to see its major downfall but it seems like grasp is too strong at the moment.

Remember, when bitcoin price passed its all time high price then its price will soar a lot. Like when its price passed $20.000, the first time when thing situation the price of bitcoin was increasing a lot. And now, we have been passed the strong resistance $42.000 and touched $52.000 already. And I think, its price will increase more since there so many good news in the crypto industry. Mass adoption is coming, I read some news that Dubai already accepted bitcoin and ethereum as their payment system and it is a good move for them.

[Dave1]

Been waiting for too long now and bitcoin is still at the height of its momentum. Should've bought more when it dipped to 29k the last time. We are yet to see its major downfall but it seems like grasp is too strong at the moment.

Yes, that's the lowest low so far this year, @$28k-$29k and now we are moving so fast, breaking $50k and should be breaching the next resistance level @56k. Well, perhaps some of us didn't have the money that time to buy or just simply didn't understand that we are in a bull run so if ever there is a dump, it could just be minor and no more flash crash of 50%.

[darewaller]

Dont ever tend to cross out those probabilities because you might really get caught in the dump and might be ending up on holding for long years just like what happened in 2017.You cant rule out those possibilities so its still better or wise to play safe rather than making yourself confident that there would be no dumps on upcoming months to come.We cant deny that adoption is really increasing as years passed but to think on whats the main motive on why they do tend to jump in into this market? I dont believe they do go sole for adoption or integration but rather on making money for sure.

It is obvious that people who wait for the dump for a very long time will not be in profit a lot for a very long time neither.
Do not wait for it to go down because the dump may not happen anytime soon, we are talking about something that may not come for months, maybe we will be in a bull run until summer and after that we may have a bit of a correction but never have 80%+ crash like we had before, what are you going to do then?

That is why it doesn't make sense to keep waiting, the people who wait to do something in crypto world will always miss out on profits, I made 100 bucks just today, and lost about 30 dollars of that, all from my investments, does that mean I should have waited? Of course not, that shows proof that on any day you could trade and make money, if you wait for the dump you could maybe make a big all-in investment at the bottom to make a good money but you will miss everything in the middle.

[posi]

Been waiting for too long now and bitcoin is still at the height of its momentum. Should've bought more when it dipped to 29k the last time. We are yet to see its major downfall but it seems like grasp is too strong at the moment.

We are in bullish market season and dump in the price of the market shouldn't be expected but you can only seize the opportunity to invest when the market experience a slight market correction. However, this new ATH price ($57,000 range) the market will experience another correction possibly tomorrow or Monday this are the best time you can invest but if you invest during ATH time is better you don't hold for long cause we don't how long this bullish market will exist.

[doctor877]

Institutions and angel investors just need to come out publicly and announce their participation. Anytime can ba a dump time but its good to be sensetive and 0raye.

[sniveel]

Every trader usually waiting for it, everyone believes that it is a good sign to invest or buy more once bitcoin and altcoins are dumping. Once the price is dumping, I also used to buy more and hodl it until the season of bull run comes, that's why it is good to have a target price to sell, to earn more profits.

[acener]

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?

If it would repeat what happened in 2017 do you think that there would still be a chance for it to reach $100k?
We already reach $50K this year I think it is already a great achievement but if it would continue then we should just be grateful for it,
But it is really hard to tell we still have plenty of time before this year ends and the market moves so fast.

[FIFA worldcup]

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?

There is no second wave of covid19. Although in some parts of the world the cases are rising but the situation will not be as severe as it was in march of 2020.  For most people pandemic is over and economy is back to revival. That's why we seeing big pump in bitcoin, stocks and gold/silver.

[MWesterweele]

Every trader usually waiting for it, everyone believes that it is a good sign to invest or buy more once bitcoin and altcoins are dumping. Once the price is dumping, I also used to buy more and hodl it until the season of bull run comes, that's why it is good to have a target price to sell, to earn more profits.

Count me on to those who are waiting for a price correction but i didn't waited for a bitcoin to dump like what have been happened way back 2017. Every trader were literally waiting for a price correction especially those who are aiming to buy bitcoin. And i guess the bitcoin's market value of $45000 if a trader could afford were not bad to consider as a good timing to buy. However, to those who are still waiting for a lower price correction than it i guess it may take time to wait or maybe it shouldn't happen anyway.

[Maslate]

Every trader usually waiting for it, everyone believes that it is a good sign to invest or buy more once bitcoin and altcoins are dumping. Once the price is dumping, I also used to buy more and hodl it until the season of bull run comes, that's why it is good to have a target price to sell, to earn more profits.

Count me on to those who are waiting for a price correction but i didn't waited for a bitcoin to dump like what have been happened way back 2017. Every trader were literally waiting for a price correction especially those who are aiming to buy bitcoin. And i guess the bitcoin's market value of $45000 if a trader could afford were not bad to consider as a good timing to buy. However, to those who are still waiting for a lower price correction than it i guess it may take time to wait or maybe it shouldn't happen anyway.

But I guess, they are wasting their time waiting for the price to bounce back low coz that chance is so slim, and besides, we even see the market demand still high. Thus, if they are willing to invest in Bitcoin, they never have to wait for it. I don't know if they are taking the opportunity when the price drops to below $40k last month, coz if they are, they are not in regrets putting their money at risk.

[Fivestar4everMVP]

Though its been a while you made this post, but I want to believe it's still relevant to comment on.
Though bitcoin has been rising exponentially, like few days back, a couple actually, it seemed to decline a bit, I want to personally advice everyone, just the the subject says, to be very careful now buying bitcoin, this market is too hard to predict, expect some major market movers comes in again to buy a huge amount of bitcoin, price is likely to start declining bit by bit from now, so better to wait for the dump as the subject says, but if you know you know what you are doing, then don't pay attention to this.

[Benefactor]

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.

[Clement Kaliyar]

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.

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.

[dunfida]

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.

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.

Some people do really have this kind of infinite long term goals which you had mentioned without even realizing or trying to calculate on how much they would able to make
if they would be actively selling and buying out coins and of course only to those which does have potential.Waiting for some dump might neither happen or not on a specific
period which simply means that you might really be ending up on holding for too long and misses out lots of good opportunities to make entries instead.
I cant blame them though because there are ally people who do love to play on the safer side.

[ven7net]

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?

I believe that this year we will still see new highs in prices for cryptocurrencies, but this does not mean that we will all be given to sell cryptocurrencies at a higher price. Yes, 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. If you want to know what lies ahead for crypto, turn your attention to the stock market. While the stock market is still holding, crypto is probably not particularly threatened, but if the stock market drops significantly, then expect a collapse in the crypto market. You understand that it cannot be good all the time and crypto cannot grow constantly. Create a realistic goal for yourself and be on the alert. Remember, it's better not to make a profit than to lose everything.

[seleme]

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.

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.

If everything was easy as you explained... The market can stay irrational for a very long time than we stay rational, the trend reversal will happen one day but I don't know I will be there at that moment or not. The fake breakout over resistance lines launches new limit orders and illiquid market conditions will lead to the rekt. Instead of playing with trends,I prefer to sell 50% of trades and wait for a better opportunity to buy back.

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's good time to buy now while bitcoin price had a price correction before it will bounce back. Reaching $100K is possible if the demand in bitcoin will keep on increasing despite of some market price correction. Just believe in bitcoin and let us wait what will happen next after reaching more that $50K.

The price has made three mountain formations on MACD with touching the $58k resistance, the new ATH looks like not possible if BTC price struggles pass the mentioned resistance lines. The new correction is necessary for getting the power that bulls need to ride the new leg of the uptrend.

[ife2020]

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

[xSkylarx]

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

To clearly tell what you want to say is we should be prepared if the market dumps aside from the price we bought. We should have separate buying power or amount if a big correction happens. Cryptocurrencies are really volatile, this day or week can be a full uptrend and then after that the market suddenly dumps hard. Waiting for a dump could not happen if there is a big demand for a particular crypto. Just like what happened to me planning to buy bnb. It was just below $100 a month ago so I was waiting for it to go below that price but I think buying at that price is impossible now.