What goes up must come down

[isaac_clarke22]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

How about those who invested before that era, OP?
Like I remember people eyeing on below 2 digits and they'll buy that day.
How many of them could be dumping right now? Maybe most of them are locked out of their wallets by now.

[bitkanu]

In fact, if we always follow the development of our own cryptocurrency, it is time for me to experience an increase today. because crypto currencies have started to get sympathy from the public, so the price itself will gradually increase

Which society? because in my environment there are still many people who don't know about the development of cryptocurrency, so whatever is related to crypto they will not believe it even though I have shown the results.

Should from the society that is not familiar with crypto.
I think that we are only getting a few people from the total population of people in the world. there is still a lot of room for growth.
There are lots of newcomers came to the crypto with zero knowledge about that. You can see there some new users were creating a new thread about the recommended wallet or something else.

[senyorito123]

In fact, if we always follow the development of our own cryptocurrency, it is time for me to experience an increase today. because crypto currencies have started to get sympathy from the public, so the price itself will gradually increase

Which society? because in my environment there are still many people who don't know about the development of cryptocurrency, so whatever is related to crypto they will not believe it even though I have shown the results.

Yes, not all people knows about crypto currency most especially those people who don't have gadgets and internet connections and friends who join crypto. That is why many people don't believe or get panic when seeing negative movement in crypto. It is important to do some research and know everything about it.

[Shasha80]

It won't be during this year that the crypto price will continue to be bullish, there will definitely be a moment of correction. Since the beginning of
this year, there has been no deep correction, so be careful that correction can occur at any time. Therefore, to anticipate crypto prices that can fall
at any time, there is nothing wrong with using the stop-loss feature. This will make the losses we experience not too big.

[revilo]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

I agree because I have been here in this forum since 2017 and I keep watch of cryptocurrency market direction. Also for your information you have similar post title that I had seen 2 or 3 years ago. (chuckle)

We will see harsh corrections and also keep in mind that the price you see on CMC or the capitalization doesn't mean that much money has been put in to bring the price up to where it is. The bid side of the order book could collapse anytime as it did pretty much in 2017/2018 where we quickly went down from 20k to 8k and then even further. May I remind you that ETH crashed from $1500 all the way down to $80? Holy...!

[harapan]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

Interesting theory, but this could become a reality those who bought the $4000might decide to dump on all of us someday, that  might happen but it's not certain that those who bought that $4000 are weak hands, cause I remember the whole market was red during that period, only the rich who hand spare cash and believed in bitcoin would have bought the $4000 dip, about living the 2017/2018 Era no comments I just hope it's not going to end that way this time.

[Retainly_Collie]

If everything is so easy, we will all become billionaires. So the market today is doing quite badly when there are so a good deal of bad news that directly affect the price and now many people are panicking and distrusting this market.

[Bravehash]

Not everyone have the gut or nerve to hold their tokens and coins when market is crashing because we all have different reasons what we plan to use our money for, this is why I believe that long term investment is for the rich or those who have other means of income, anyways for now any fall in market is just another opportunity to buy more, I don't see bears marching in any time soon

[tvplus006]

Not everyone have the gut or nerve to hold their tokens and coins when market is crashing because we all have different reasons what we plan to use our money for, this is why I believe that long term investment is for the rich or those who have other means of income, anyways for now any fall in market is just another opportunity to buy more, I don't see bears marching in any time soon

Not everyone has the opportunity to buy coins at a reduced price, but only those who sold them at high or used a stop loss. The rest should just wait for the market to recover and the price to return to its previous values. But the danger is that the price decline may continue, thus those who hold the coins may receive an even greater loss.

[masterrex]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

Agree with that Mate, because that was the basics of our world we are all influence by the universal law of gravity, thats why everything that goes up must go down, And this principle is also applied to the businesses and industry the law of supply and demand and cryptocurrency is not exempted As we notice Bitcoin price was traded at $60K+per Bitcoin I believe that the price won't stay that level for long and eventually it will go down and rise again thats how the crypto market works. And those fortunate investors that were bought Bitcoin early are already gaining bigtime.

[fullhdpixel]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

This is especially true on this crypto space. Even bitcoin is known for coming down up to 70% from its ATH on each cycle. Someone somewhere is bumping some coin not for the benefit of all the crypto people but for their own benefits hence it is completely meaningless if we are expecting them not to take profits at any time. Always holding our crypto stash with some stoploss will be helpful. It means that we cannot expect the bull run to be continuing all the times.

Recent dogecoin's run must be a great example for this scenario. Dogecoin rallied up to 720 satoshi but there were people speculating about testing up to 1000 satoshi but it seemed whales started booking profits hence it went down up to 410 satoshi in next next sessions; people waited for 1000 satoshi might have booked in between or might be still holding.

[Dewi Aries]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

Who buy in high price, ready or not must prepare for correction or maybe bear trend that can come anytime. That is why in crypto, especially if want to tell new person who want to involved in it, we must tell not only good point but risk behind it. So people not panic or not can analyze price by themself.

[maydna]

I never think too much about them who dump bitcoin price because that is not important to me. As long as I can still earn more fiat or bitcoin, I will keep that, and I don't want just to wait for the price to increase. Yes, they are now making a lot of money by selling bitcoin at a high price and making the price drop significantly, but I am sure that the price will be back to $64k.

I only think that it is just a correction as usual, and coincidentally, the price drops deeper, which makes people afraid. We don't know if the drops are because of another factor out there that spreads about the negative of bitcoin or other things because I think more reasons can make bitcoin is dropping like today.

[lionheart78]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

True, those who bought at lower rates wanted to take profit but never omit the fact that new investors will come too and possibly others who missed on the train will buy too. Just because people are taking profit the price will crash, market doesn't work that way.  As long as the demand outweighs the supply, the price won't crash but rather go higher.

[FloridaKid]

It's true that no other past bullrun are like this year crypto bullrun, very profitable it as become for top popular crypto coins and tokens but it's not true when people believe that this bullrun will be up for ever, stop turning big whales and institutional investors into Messiahs that want the poor to be rich, they are here to get richer as well so blindly believing that bear season is a lie will get you rekt

[7788bitcoin]

I never think too much about them who dump bitcoin price because that is not important to me. As long as I can still earn more fiat or bitcoin, I will keep that, and I don't want just to wait for the price to increase. Yes, they are now making a lot of money by selling bitcoin at a high price and making the price drop significantly, but I am sure that the price will be back to $64k.

If anyone invested in the market during this period then they will be in high alert as they do not want to hold the coins when there is a major correction and right now majority of the market had a decent correction after a long time and it is not a big surprise that people are booking their profit and taking the safe route.

I only think that it is just a correction as usual, and coincidentally, the price drops deeper, which makes people afraid. We don't know if the drops are because of another factor out there that spreads about the negative of bitcoin or other things because I think more reasons can make bitcoin is dropping like today.

There are reports that there was a power outrage in China which caused the major correction.

[akgandalf]

I think what goes up should go down. They tweeted an inaccurate tweet, and then within an hour or two the markets started to go down. For now, btc is trying to stay above 55,000 and some altcoins are intact. They are ready to rise at the first opportunity.

[Fredomago]

If everything is so easy, we will all become billionaires. So the market today is doing quite badly when there are so a good deal of bad news that directly affect the price and now many people are panicking and distrusting this market.

It's not that easy and as you mentioned if does then if not all it will the majorities that benefits from this market. Now that there are rumors that really hitting the market, Lots of panic holders are selling and trying to avoid losing more from their hold assets. It's expected as most of the time when the market are down there are lots of pressures.

I think what goes up should go down. They tweeted an inaccurate tweet, and then within an hour or two the markets started to go down. For now, btc is trying to stay above 55,000 and some altcoins are intact. They are ready to rise at the first opportunity.

Bitcoin is trying to hold this barrier, those tweets really move those weak investors, they are now selling at their loss not realizing
that there are big whales who are playing with them, chances that the market will bounce back is still there, a matter of days or
week then we will see what's the direction to proceed.

[ipanks]

I think what goes up should go down. They tweeted an inaccurate tweet, and then within an hour or two the markets started to go down. For now, btc is trying to stay above 55,000 and some altcoins are intact. They are ready to rise at the first opportunity.

Yes, that is what will happen, especially in the market. When the market goes up today, sooner or later, the market will go down and we must prepare if the market will go down so we can be ready and know what we need to do. Bitcoin is still down at a low price, but I am sure the price will go up in the next few days. Bitcoin gives us a chance to buy back and hold it for a while and then we will have the time to sell bitcoin later. If you do not use this as your chance to buy bitcoin, you can do that and that is up to you.

[gurunanakji777]

I entirely agree with your words. Such dips give us a golden opportunity to buy some good coins at comparatively less value so that we will not say I wish If I bought this at this and that value so this market gives opportunity many times to invest. Those who make the right decision at the right time will make a good profit. We can not expect everyone will hold and the price will keep increasing at some point some will sell for sure and thus we will see a drop too.