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Author Topic: what do you think about the few days deep  (Read 1142 times)
Christabel247 (OP)
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March 21, 2021, 12:39:22 PM
 #121

Quite strange to read about people buying EOS of all coins now when the hot ones are all about defi and nft;) Are you sure you really want to "expect another deep" and then buy even more of those types of coins when you should really just stick to Bitcoin and Ethereum?

Unless you don't mind being disappointed. Then please, go ahead:)

Actually we have been hyped about the DeFi project much more and it turns negatively against me, just took a decision to fall into those currencies thinking there will be a great move as the case maybe.
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March 22, 2021, 02:35:27 AM
 #122

I think for the past few days deep, it's very normal to happen,
becase there will always a short correction in the cryptospace, we just need to hold and wait, no need to worry and no need to be panic.
a down movement always happening, if the price going up there will be a short correction for sure.
it's not that bad in my opinion.

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March 23, 2021, 01:43:45 PM
 #123

The cryptocurrency market has been very busy lately. Prices are rising very quickly and falling very quickly. The correction can be deeper at any moment. 2 days back bitcoin was around 60k and today was 53k. No one can predict how bitcoin will behave in coming days. Current market is not good for investment stay safe everyone.
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March 23, 2021, 02:28:17 PM
 #124

The cryptocurrency market has been very busy lately. Prices are rising very quickly and falling very quickly. The correction can be deeper at any moment. 2 days back bitcoin was around 60k and today was 53k. No one can predict how bitcoin will behave in coming days. Current market is not good for investment stay safe everyone.
It's very mush possible you have lost a little bit of money as well. Learned your lesson not to buy shitcoins but same things won't happen each and every other one. So, there always someone take this as great opportunity to buy at this downturn. I do believe downtrend are always a good investment.
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March 23, 2021, 02:38:20 PM
 #125

The cryptocurrency market has been very busy lately. Prices are rising very quickly and falling very quickly. The correction can be deeper at any moment. 2 days back bitcoin was around 60k and today was 53k. No one can predict how bitcoin will behave in coming days. Current market is not good for investment stay safe everyone.
It's very mush possible you have lost a little bit of money as well. Learned your lesson not to buy shitcoins but same things won't happen each and every other one. So, there always someone take this as great opportunity to buy at this downturn. I do believe downtrend are always a good investment.

Investing during dips is definitely a very good strategy, but in this case it is very difficult to determine whether it is the bottom of the dip or the correction will last longer and the price will drop to for example $45k. Despite the fact that everyone is announcing price increases, I prefer to be more careful and stay aside for the time being.
Christabel247 (OP)
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April 21, 2021, 12:40:49 PM
 #126

I think for the past few days deep, it's very normal to happen,
becase there will always a short correction in the cryptospace, we just need to hold and wait, no need to worry and no need to be panic.
a down movement always happening, if the price going up there will be a short correction for sure.
it's not that bad in my opinion.

Sure but one thing certainly is that most traders can't watch while their asset depreciates, few days ago there was a little resistance on the market causing BTC price to drop a bit. Now if it's not a strong and experience trader this would have called for panicking so we have to know and understand the market very clearly before anything.
Christabel247 (OP)
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April 21, 2021, 12:51:10 PM
 #127

The cryptocurrency market has been very busy lately. Prices are rising very quickly and falling very quickly. The correction can be deeper at any moment. 2 days back bitcoin was around 60k and today was 53k. No one can predict how bitcoin will behave in coming days. Current market is not good for investment stay safe everyone.

Looking at this time, it's not a good season or period for investment any fall back will affect the investors funds, what do you think?
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April 21, 2021, 03:07:13 PM
 #128

I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.

Do we expect another deep soon?
what is your intake, please be free to drop your comments.

a down movements in bullish trends is just a corrections mate, because the bulls still control the markets now
so, keep calm my friend


Hahaha 🤣 the correction has already been made so we have to wait to see the next move.
Yup, congrats to all the holders at this point. Looks like we are gradually out of the correction period and we might be ready to another take off. Fortunately, I'm still with profits. When correction happens, there is a better chance open for all to invest not panic.
Christabel247 (OP)
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April 22, 2021, 11:27:03 PM
 #129

Everyone has different pressures when they see their assets in red...
what you do for me is a natural thing, you try to protect the funds that you have dropped in the asset by cut-loss. I hope it becomes a lesson for you, in the future, you can slowly control yourself and don't panic when the market is red, if you hold back and don't sell directly at that time then you will definitely have nothing to lose.

Haha I see, then the Best is not visiting the market for any reason having it in mind that it will recover soon so anyone with higher emotional about his or her might end giving up ghost 👻 because is heart touching seeing your asset going down without action for protections.
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April 23, 2021, 03:24:20 AM
 #130

We are in our best form this year and that continues for now.  Crashes and crashes are completely acceptable, there's a lot of fake information flooding the immersion process.  The advantage in investment is catching up.  If it continues to decline after today, I will have to consider it with caution.  Sure, some burns can cause but I'm optimistic the market will bounce back strongly by the end of the week!

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April 23, 2021, 05:41:10 AM
 #131

We are in our best form this year and that continues for now.  Crashes and crashes are completely acceptable, there's a lot of fake information flooding the immersion process.  The advantage in investment is catching up.  If it continues to decline after today, I will have to consider it with caution.  Sure, some burns can cause but I'm optimistic the market will bounce back strongly by the end of the week!
That is why we need to keep calm and never indulged into panicking because that it cause the market to even drop more. As we have all of these things, these market changes often to happen.

The current market trend seems to be serious, Bitcoin price drops below $50k, I'm not so negative this but we can't stop people to sell their Bitcoin and crypto after seeing this. It is the common scenario that we witness for a very long time and that often to happen again and again.
Christabel247 (OP)
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April 24, 2021, 04:46:21 AM
 #132

That is why we need to keep calm and never indulged into panicking because that it cause the market to even drop more. As we have all of these things, these market changes often to happen.

The current market trend seems to be serious, Bitcoin price drops below $50k, I'm not so negative this but we can't stop people to sell their Bitcoin and crypto after seeing this. It is the common scenario that we witness for a very long time and that often to happen again and again.


Oh really!
How could individual panicking dropped the market, is there any specific effect on the panicking. Please explain more further.
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April 24, 2021, 12:18:18 PM
 #133

We are in our best form this year and that continues for now.  Crashes and crashes are completely acceptable, there's a lot of fake information flooding the immersion process.  The advantage in investment is catching up.  If it continues to decline after today, I will have to consider it with caution.  Sure, some burns can cause but I'm optimistic the market will bounce back strongly by the end of the week!
We're experiencing one of the worst week in cryptocurrency from the all-time low at $64k down to $47 and it stress us all but I don't think we should be panicking about it. We cannot be worthy of the price increase of bitcoin or other cryptocurrency if we're not able to accept the crash like this. Because of rapidly increase the price of bitcoin we might see few of this in the future, and I think we should be prepare about this kind of scenario. I think the speculation about increasing the tax over the rich people and there still no official news about it but if this will happen; the price of bitcoin might continue to dump.

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April 24, 2021, 02:28:16 PM
 #134

We are in our best form this year and that continues for now.  Crashes and crashes are completely acceptable, there's a lot of fake information flooding the immersion process.  The advantage in investment is catching up.  If it continues to decline after today, I will have to consider it with caution.  Sure, some burns can cause but I'm optimistic the market will bounce back strongly by the end of the week!
That is why we need to keep calm and never indulged into panicking because that it cause the market to even drop more. As we have all of these things, these market changes often to happen.

The current market trend seems to be serious, Bitcoin price drops below $50k, I'm not so negative this but we can't stop people to sell their Bitcoin and crypto after seeing this. It is the common scenario that we witness for a very long time and that often to happen again and again.
- Relatively serious and moving gradually towards the next lows in this red time, although I don't want to be too negative, but daily investment account checks are starting to put a lot of pressure on me, the loss statistics on the account are quite high, it's hard to calm down when looking at people who are worried and have lost their previous feelings of happiness. The normal time may not appear yet, there are too many people losing their assets, unable to contain the emotional outburst right now, deep day is always the scariest scenario for us


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April 26, 2021, 12:44:16 PM
 #135

This is the thing that we often face today, when the market is in decline we all feel panic and often resell even though it is experiencing losses, then we must be ready to accept losses if we want to get a big profit because the value of crypto is difficult for us to predict but rest assured for this year the decline only happens temporarily, and all coins must reach a new ATH in the near future.

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April 27, 2021, 01:02:24 PM
 #136

This is the thing that we often face today, when the market is in decline we all feel panic and often resell even though it is experiencing losses, then we must be ready to accept losses if we want to get a big profit because the value of crypto is difficult for us to predict but rest assured for this year the decline only happens temporarily, and all coins must reach a new ATH in the near future.

Honestly speaking the price correction that was obviously and always fluctuating the market can cause also a little confusion to the traders of what should they do next because of being volatile of cryptocurrency. We are all aiming for a high profit that is why every deep of crypto prices was alarming for us. However, as what I have saw the market today, I guess this has nothing to be totally worried about because this month of April was a month of altcoins.
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April 27, 2021, 06:40:11 PM
 #137

I think we will not have such correction until we reach all time high. It was reply to monstrous, months-long rally. It is not surprise it triggered sudden sell out of altcoins and bitcoin. But I just stayed strong. Many people I know just sold away everything they owned, at loss. This one of those times seperate hodlers and scared traders.
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April 27, 2021, 07:19:32 PM
 #138

There are going to be countless rallies and equal number of corrections. Very few good traders can  time all these tops and bottoms correctly. Long term hodlers should do fine so long as the major trend is up.
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April 27, 2021, 08:52:41 PM
 #139

There are going to be countless rallies and equal number of corrections. Very few good traders can  time all these tops and bottoms correctly. Long term hodlers should do fine so long as the major trend is up.
Agree!

For people who do mind about rallies and corrections then this would be a never ending thing.As long this market moves then we can see those typical movements to be as part of this market
which you can see from time to time.

Thinking about few days deep? No one actually knows on whats behind specially if there are no news or sentiments that had been published out for you to say for it to be the reason.

How to deal with it? If you do engage into this market then be sure that you are fully aware about the chances or probabilities which simply means that making out
exit and entry plans is a must.

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April 29, 2021, 04:25:42 PM
 #140

I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.

Do we expect another deep soon?
what is your intake, please be free to drop your comments.
That is just one of the struggles small traders like us experiences. We started growing in fear specially if you were there when the dump occured after the bull run at 2017. We've become too anxious whenever we are watching the market and at the same time, we tend to panic sell right away when we say the market turning red for a while. Even though that is the case, we should learn how to control our emotions, we should read the news and learn what is really going on. Many are saying that the deeps are just corrections because bitcoin has been getting too many ATH so if that's the case, it wouldn't hurt much if we hold amidst the market turning red, regrets may come if it suddenly turn green after we panic sell.
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