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Author Topic: what do you think about the few days deep  (Read 1058 times)
marilynmanson21
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February 25, 2021, 12:30:02 AM
 #21

Do we expect another deep soon?
what is your intake, please be free to drop your comments.
if based on my analysis there will be another correction, but it won't be deep, maybe around 44k usd, it's just a moment and after that it goes up again, if you are in doubt save FIAT, but if you are not in doubt and hold on for the long term, then better save and reopen it in the next few months.
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February 25, 2021, 05:34:06 AM
 #22

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

As saying goes, "expect the unexpected". It's just a wrong timing that you bought eos at high price but that reminds me of buying that eos before when it was newly launched. Hype and fud spread before that it goes to the moon and I bought eos at $11 and sell it at $3. Lol. Because after that massive drop for eos, it hardly pump and recoveres from it's first introduced price.

However, if bitcoin showed another bullish trend. The only thing you can do is just to hold your bought eos and wait for it to pump again. As you can see, altcoins seems to follow the king's steps as they're also in bloody price as well.
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February 25, 2021, 08:37:41 AM
 #23

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

The market is very uncertain now. there's no way to be sure about what's going to happen. It just seems like the market is going into a consolidation phase which would give more than enough room for new entries since prices were on the high side since those were all time high prices.


The dip was real. Like the ones who waited for this dip I too was looking for this opportunity, the only difference is that I have not bought some BTC nor tokens because I thought it will continue to dip for the whole week.  One chance to buy the dip of ADA for as low as $0.80, that's how low it went yesterday. As with any typical bull run, there's correction here and there but as far as the trend stays in tact, we should be good.

What I think of it is that the good traders got the easy money well compare to the ones who overly analyze the dip.

Yeah, ADA's price dumped over 30% from the recent all time high giving more opportunities for new entries in order to join the next leg. It is recommended to keep in mind that we're currently buying tops so caution should be taken.


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February 25, 2021, 12:07:29 PM
 #24

Hello, guys what is your opinion on btc price, do you think it can hit again 55k before it goes up again to new ATH or maybe even lower than 55k, where do you think the floor can be or the resistance ? Thank you
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February 25, 2021, 02:53:59 PM
 #25

Quote
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.
According to some researchers who conformed it, said altcoin is about to improve in the areas of pumping as never before. Since many altcoin investors really experienced failurr in their investment during the pandemic, that was causing bitcoin a massive pumping at the moment. Altcoin is about to put smile for the face of its customers, that experienced losses from their Investment.
 The good news is that altcoin is about to take a lead among all cryptocurrencies, according to my personal research I carried out some few days ago, show that altcoin is about to hit $50k soon for other to start dumping.

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February 25, 2021, 03:10:56 PM
 #26

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.

I believe this drop means another major player bought BTC and other cryptocurrencies. Moreover, it was not a fall, but an opportunity to buy cheaper. Then the price will return to its previous highs and probably the next stage of growth. I also believe that 2021 will be the year of growth in the crypto market, but after that there will probably be a deep correction. In any case, we all now have a great opportunity to make money on cryptocurrency, especially from those who bought it earlier.
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February 25, 2021, 03:16:48 PM
 #27

My honest take to this is that weak hands will do the selling while strong hands just keep relaxing. Negative minds will always be thinking failures and that is how it evolves in you.
Why you don't sell it when the price is high? It is that because you are thinking that the rally will continue and you are greedy to think that it will double or triple your money if you will keep holding until such a time that it dumps and you are in a panic. If you are in the lose now, there is nothing have to blame but just yourselves.

 

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February 25, 2021, 03:56:22 PM
 #28

Do we expect another deep soon?
No one can tell.

Panicking at such a drop will make you lose a lot if you have no certain plans before buying. You should have made a long-term plan and considered a drop to be faced by you and your investment.

But to give you an answer, we'll get an unlimited rise and as well as unlimited drop.

No one can answer such question so what you can do is prepare for the inevitable. Right now, if you will panic and sell, it will be your loss. When you are here in crypto market, expect there will be highs and lows, but no one can tell you when those times will happen. What you will read is just speculations of the market, so it is up to you how you will manage your funds.
It's never been a good idea to panic sell.

In my personal experience, I've just put myself into a lot of loss for doing that. It never does me good but instead, put myself into regret that I should've kept instead of panic selling.

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February 25, 2021, 04:37:07 PM
 #29

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.

Well; whether to expect a dip or bear market soon or not is not in my jurisdiction; but the flash dump for those 2 days are a glimpse of what to come whenever the bear market decides to show up. Can you stand such percentage losses? decide and take profits when due; so you are never in shock whenever the bear is here.
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February 25, 2021, 05:06:08 PM
 #30

You mean dip, OP?
From the price that BTC moves into, seems like we can expect another though, but don't panic for now to buy a lot.
I would still hodl if I were you. You shouldn't have panicked though, as you mentioned in the OP.
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February 25, 2021, 05:57:52 PM
 #31

My situation was very bad when i see that all altcoin has crashed, i see that that all altcoin price has very low. And also i invest my fund on altcoin, i don't know that when my portfolio will recover. 
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February 25, 2021, 06:17:58 PM
 #32

That was a very bad time for all altcoin holder and for crypto traders. But i think now market will pump and all altcoin's price will high, actually if  bitcoin price is stable then all altcoins will high 

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February 25, 2021, 10:42:46 PM
 #33

The most important thing coins we have chosen. If it's a potential coin like eos you trade, maybe I won't panic selling, because as we know EOS is one of the potential coins that are very good for trading. Why don't you try to hang on before thinking of selling it, because when the market is flushed, it will definitely come back green a few days later. This is where the test as a trader is where we have to control emotions. But I admit, sometimes I lose control emotions at a time.

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February 25, 2021, 10:57:31 PM
 #34

When the price of the altcoin you bought starts to fall because BTC has experienced a deep correction, you don't need to panic to immediately sell it at a cheaper price so you experience a loss. You should have spare money to buy it back at a cheaper price, it will be better than having to Cut Loss. Altcoins will experience a rise again when the price of bitcoin stabilizes. Don't panic too much and use a good Money Management strategy.

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February 25, 2021, 11:07:47 PM
 #35

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

Yes even in the middle of market dominance, expect that a dip will happen.

We need this correction as this is the best time to make another buy. You still not lose unless you sold.

That was a very bad time for all altcoin holder and for crypto traders.

I disagree with you. If successfully plan, this dip will be the key to more profits in the future as you are not forced to buy at the peak because or commonly called under FOMO.
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February 25, 2021, 11:18:53 PM
 #36

I don't see why there shouldn't be another correction to the downside. It should be expected but in all just bear in mind that this is a bull year like we had in 2017. So, no matter what happens don't sell off in panic. At least, till we are in the last quarters of this year. We aren't through with the Bitcoin bull if you checked the data on its dominance in percentage of the general market cap. Any dip will find support to bounce back to the ceiling and that's what we expect from now till last quarters of 2021.

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February 25, 2021, 11:20:49 PM
 #37

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.

Yes please, I am hoping to have another deep soon as others do dream to happen. This is very important so that other cryptocurrency market will also grow consistently. For several years of waiting, altcoins was really a dead coin now and only few of them continued to bounce with sustainable value, how about the other token nice platforms. Let's give them a another chance to join the market competition.

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Christabel247 (OP)
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February 25, 2021, 11:25:11 PM
 #38

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.
Common mistakes of a noob on where they do easily react out and panic sell when they do saw that their portfolio is dropping in usd price and when the market
tends to make some recovery then thats the time they do make out some regrets.Its pretty common even experienced traders or investors arent exempted with
the market volatility so asking off on expecting for another dip soon then no one can really tell.Take this as a lesson learn for you and with due experience
you can really able to handle up your emotion which is really a big factor on affecting someones decision.

Actually the pains is much seeing your asset going down immediately, it's heart touching and tempting most at time we have to manage ourselves to be able to come from the market pressure and pains sometimes we tried hard to make earnings.
Christabel247 (OP)
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February 25, 2021, 11:28:37 PM
 #39

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


Good after the dip I made more buy.. but not too long it comes up and I covered little loose and I was amazed.
Yes even in the middle of market dominance, expect that a dip will happen.

We need this correction as this is the best time to make another buy. You still not lose unless you sold.

That was a very bad time for all altcoin holder and for crypto traders.

I disagree with you. If successfully plan, this dip will be the key to more profits in the future as you are not forced to buy at the peak because or commonly called under FOMO.
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February 25, 2021, 11:37:04 PM
 #40

I don't see why there shouldn't be another correction to the downside. It should be expected but in all just bear in mind that this is a bull year like we had in 2017. So, no matter what happens don't sell off in panic. At least, till we are in the last quarters of this year. We aren't through with the Bitcoin bull if you checked the data on its dominance in percentage of the general market cap. Any dip will find support to bounce back to the ceiling and that's what we expect from now till last quarters of 2021.
Well, I have got your point, --perhaps there is a bounce-back of the price but this was expected among holders that there is a pullback right after a massive increase in the price. All market price was affected by the correction of the bitcoin and also altcoins, it is clear that altcoins do the same movement to bitcoin price. For the technical prediction that I read in some articles, it says that don't be panic because that is expected that there is a small pullback. However, in this case, there is nothing to worry about, if bitcoin will go down, that is a perfect time to buy bitcoin, I, --,myself wishing that bitcoin will down back more the price even at $30k price so that I can able to accumulate again.









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