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Author Topic: what do you think about the few days deep  (Read 1058 times)
Sebas.tian
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March 05, 2021, 01:52:54 PM
 #81

The few days dump is a sign that all bitcoin traders should get set for the good news that is coming at the end of this month of March which is the month bitcoin price use to surprise investors. Bitcoin cannot dump more than $19k, even though it want to dump at this season we are, which anything can happen with the price of bitcoin. Despite the dumping of bitcoin and altcoin in the market this show that bitcoin is still good to invest and achieve something good before the end of the year. What traders are experiencing  now in the  market is a sign, that bitcoin price will still hit $100k before the end of this month.

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March 05, 2021, 09:03:51 PM
 #82

panic that you experience will bring you at a loss. Spot trading is the safest trade, as long as you don't panic and cut losses. you are just wasting your money for nothing. Learn more about the basics of trading, panic can also be caused because you don't have good basic trading, you don't fully understand how to make good and profitable trades.

oh i see. meaning that most time we don't have to be a worry as the market can termed to crazy and it's the best for those traders.
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March 05, 2021, 09:47:47 PM
 #83

panic that you experience will bring you at a loss. Spot trading is the safest trade, as long as you don't panic and cut losses. you are just wasting your money for nothing. Learn more about the basics of trading, panic can also be caused because you don't have good basic trading, you don't fully understand how to make good and profitable trades.

oh i see. meaning that most time we don't have to be a worry as the market can termed to crazy and it's the best for those traders.
Yeah its crazy but not into that extent on where everything could really be expected to pump.This is only applicable into those top coins in the market or shall we say that
has some potential or does really have demand and recognition and that's what other people do depend on but there are projects which isn't really worth of attention
or for us to get engagement.Using up our own common sense could really help us out on making decisions.Always think that market doesn't only rise up
but also make out corrections because this cant be called a market if it weren't moving on both ways.

R


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MCobian
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March 05, 2021, 10:55:22 PM
 #84

The crypto price of the last few days has been very volatile, so it goes up and down all of a sudden. But in fact, if we pay attention to the decline
in crypto prices is still  normal, there is nothing to worry about. Especially now that prices are starting to recover, in a situation like this it is very
risky to trade without good analytical skills. But if we are confident in our analytical skills in reading price movements, we should be able to use it
to generate profits. If you do buy coins at a high price, don't panic first. Because usually the price of these coins goes up again after a few days,
sometimes patience is needed when trading crypto.

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March 05, 2021, 10:57:24 PM
 #85

when the price of cryptocurrency on an exchange has decreased in price like it did a few days ago then I consider it a very good opportunity to buy as many coins as we can, for example is bitcoin, because now many people know that bitcoin can has the potential to be very expensive as it will become increasingly difficult to get bitcoins.
Every drop is an opportunity for investors but it causes panic for those who are buying during the hypes and these people will start throwing their money, they are absolutely at loss.

As I look on the chart, the market isn't showing any signs of a possible huge dump, the volatility still at work. It is still on a roller-coaster ride and the situation isn't worrying yet. And for those who sell their Bitcoin when seeing a small price correction, they might regret doing that because we are gaining back high again.

R


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avarnet
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March 06, 2021, 01:07:55 AM
 #86

Tecnically, if we see to the weekly candle indeed there is a sign that the bearish market will come. The previous weekly candle has been closed by the current candle. But we still need three days left to see what will happen.

But, it is just based on weekly candle, if see to high time like monthly time frame then we still in the bullish market. The monthly candle will be formed as a bullish belt hold which will give an indication that the bullish market still in control.
This month will determine whether the market will be bullish or it will create a bearish trend. and many people have already given the opinion that this year it looks like the pattern will be the same as in 2017. This pattern is likely to repeat this year if we look at almost the same graph. however, the belief regarding the bullish trend is also strong by investors. I am the same as you are still waiting for the close weekly candle to see the direction of the market

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DaMut
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March 06, 2021, 01:48:54 AM
 #87

Every drop is an opportunity for investors but it causes panic for those who are buying during the hypes and these people will start throwing their money, they are absolutely at loss.

As I look on the chart, the market isn't showing any signs of a possible huge dump, the volatility still at work. It is still on a roller-coaster ride and the situation isn't worrying yet. And for those who sell their Bitcoin when seeing a small price correction, they might regret doing that because we are gaining back high again.
Not every drop is an opportunity, we can not just simply buy everything that is on the dump not to mention the volatility is at its peak now. once the market decides to go down, we will see a huge drop and loss without be able to react. look at our history when we were seeing a major bull that happened in 2017-2018.
what happened back then? the price went down from $18.000 to $11.000 in 7 days, we were only at $20.000 at max. but what will happen once it goes down when we are this high? are you sure you can handle it once it is going down?
my only suggestion for now is to wait, the market is worrying for me even though we are seeing a green candle today.

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March 06, 2021, 03:01:58 AM
 #88

Quick question, for day trading cryptos what MA periods do you guys recommend?.  Looking to sharpen up my game, had a successful week but could always use more $$$ in my pocket player.

Unrelated to the topic but w/e
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March 06, 2021, 05:37:48 AM
 #89

But we ourselves also have to look at it from the other side, such as considering the analysis because if we buy without having a basis or analysis,
 we will lose. indeed the fast downtrend can provide an opportunity for us to buy altcoins but still have to be careful because several times we see when dumps most people panic and don't take the opportunity.
the most important thing in every step of doing something in crypto is being able to be patient and not panic quickly. I really agree and agree about what you said about the panic.
opportunities are always available but if not with a strong analysis of past experiences, it will certainly make the analysis shifting and imprecise. but it is also not wrong because it can happen and is not always right, but we must be patient and not panic in facing this because we can be in a hurry, it will end up losing big.

We have to believe in advance that this year is a year of improvement for all altcoins and bitcoin as well, therefore if there is a decline as much as possible it is precisely to buy and not panic and sell because it is not in accordance with what we previously confirmed.

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March 06, 2021, 05:56:38 AM
 #90

Ask yourself: are the assets you're buying actually 'investments'? Because when you invest, you hold that certain asset for longer amounts of time. An investment isn't something you just immediately sell the moment it drops a few points.

As for more dips, no one knows. But tell you what: bitcoin has been the best investment you can make since the past decade. But was it's price chart just a straight upward trend in 10 years? Hell no. There was always price drops, even as big as 70%-90%. If you can't handle price drops, then 'investing' isn't for you.

Well said, an investment is not something that we should expect a big returns within few weeks, months, this is the perception of many investors hence every little dip leads to a huge sell off by the weak hands there by crashing the market even further down,
long term hodl always pay off if you have the patience to do so, ( holding of good and solid project ofcourse and not some shit coins)
but unfortunately the majority of investors are short term investors who are just looking to make quick profit within the shortest possible time.
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March 06, 2021, 07:02:28 AM
 #91

what do i think ? i think that few days deep is not brutal as the more/long days deep because that was few days only anyway but the problem is that theres no way to tell if the what are the exact duration of the deep and that what happens to you because you sold early .

do i expect another deep soon ? of course i expect it for all of the times . you know the market moves in two direction only , one is to move up and one is to move down/deep
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March 06, 2021, 07:16:00 AM
 #92

what do i think ? i think that few days deep is not brutal as the more/long days deep because that was few days only anyway but the problem is that theres no way to tell if the what are the exact duration of the deep and that what happens to you because you sold early .

do i expect another deep soon ? of course i expect it for all of the times . you know the market moves in two direction only , one is to move up and one is to move down/deep

Actually, the correction in the financial markets after rapid gains is a very healthy reaction, so in my opinion this period of deep is very good. I think that at any moment this correction should end and soon we will have a continuation of the upward trend. Of course, the next moments of deep will be for sure, but I think that we have at least a few weeks of bull run ahead of us.

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March 06, 2021, 07:40:13 AM
 #93

These days crypto market was mostly red. Maybe this is the small correction or a start of big dump for most of the alts. That depends on further traders actions. If most of them will start panic and selling their assets alts market will fall down very quickly. Huge role hear plays BTC. If it will recover, probably the whole market will also recover.
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March 06, 2021, 09:30:03 AM
 #94

These days crypto market was mostly red. Maybe this is the small correction or a start of big dump for most of the alts. That depends on further traders actions. If most of them will start panic and selling their assets alts market will fall down very quickly. Huge role hear plays BTC. If it will recover, probably the whole market will also recover.

Experienced traders won't panic. Of course, all eyes are on the BTC price, but everyone who knows the history of bubbles and bull runs in the cryptocurrency market knows that this is how it starts. Of course, there is a possibility that some unexpected, very bad news will appear, such as a ban for Bitcoin in China or in the US, but this is very unlikely. Further increases and the beginning of an altseason at least by the end of the year are most likely. So don't worry about the temporary deep, just HODL!

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March 06, 2021, 06:07:51 PM
 #95

True, if BTC starts to recover in the near future, then all Alts will also recover in the market, because considering the trend of Bitcoin itself is still very influential on all Alts in the market and for now it seems that not many traders are experiencing panic, so there are little resistance to current market conditions.

I do believe that those days of deep were only a price correction, and hopefully will not going to a more deeper than it was today, i am still expecting that bitcoin could manage to get on a green arrow by the next days or week. Everyone was keeping eye on bitcoin because it is true that the movement of crypto market as what i have observed has a 50%-70% dependability on the price movement of bitcoin too. But since we can't made a correct guess lets just see and wait for the result on the following days.
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March 06, 2021, 06:34:13 PM
 #96

Deep in crypto is normal, no one can control the deep that is why crypto is called a risky investment for it was a very high on volatility and it can maybe change anytime due to market condition, the only way to make profit on deep is to buy and hold depending on the lemit because you need to set a lemit for good.

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March 06, 2021, 06:56:44 PM
 #97

Deep in crypto is normal, no one can control the deep that is why crypto is called a risky investment for it was a very high on volatility and it can maybe change anytime due to market condition, the only way to make profit on deep is to buy and hold depending on the lemit because you need to set a lemit for good.

Not only on buying carelessly but always consider the factors before diving in, always stick into known coins rather than risking on low caps.
This market cant be called a market if it was just sustaining or having continuous rise because it would be simply just a manipulative thing
and no one would really be interested on that one.On here, you can see the wavy ride even though volatility is a bit high compared to other
markets but it is way more loved by investors, not on the risk given but also with the opportunities that it can gave out.

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March 06, 2021, 08:25:33 PM
 #98

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.



all the alts are now colored red and are the same as the others. and I also suffered losses as you feel. but we must realize that cryptocurrency trading is very risky. therefore be patient and wait for the right time to sell is an option

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March 06, 2021, 09:32:54 PM
 #99

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.



all the alts are now colored red and are the same as the others. and I also suffered losses as you feel. but we must realize that cryptocurrency trading is very risky. therefore be patient and wait for the right time to sell is an option

You know there was an analysis made earlier  by a member over here and it works that same way. I followed his predictions and I gain back my loses.
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March 08, 2021, 05:07:25 PM
 #100

Op, you bought high and now you are complaining. If you cannot bear the loss, you should not fomo buy, then regret later. Wait for a good entry and then buy it low. Buying high and selling low will just make you lose what you have and if you want to make something with your investment, you should keep patience and wait for the right price of your token to buy it very low.
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