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Author Topic: Another huge dump happening today, is this it?  (Read 781 times)
AliMan
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April 21, 2021, 07:09:13 PM
 #41

We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?

Don't be fomo with this current market situation, we need to be strong enough because if you happen to fall with the bad news nothing will happen but you'll be frustrated. Though the news is raging against the price to struggle that much, I don't think investors would easily be shaken. Because what I see now is the resistance kepts strengthening it's momentum while trying to recover up after bloody market.

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April 21, 2021, 10:47:41 PM
 #42

We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?
Typical kind of corrections or price decrease that could happen in a day in crypto market.

These arent that huge swings in price but when people do see these negatives then they do easily freak out.A Market wont continuously to rise up which means dump or price decrease

like these are common and it does sign that this is indeed a healthy market rather than on a manipulative one.Its hard to determine if this would dump or would just be
hovering around with these levels.

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April 22, 2021, 03:25:42 AM
 #43

there may be a correction in the prices of coins that have been pumping. however, at the moment the potential coins mentioned still have a high chance of going up. besides, the drop in ETH and BNB prices is most likely due to bitcoin. I'm pretty sure the bitcoin price will go back up to the $ 60k price range

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April 22, 2021, 05:29:58 AM
 #44

We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?

I'm not sure it's a big dump. i see it as a price correction, look at today btc, eth, bnb, and other major coins, have started to stop falling. so it's not a start to crash. the market is very good these days and there are many institutional investors who are making the market stronger.

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April 22, 2021, 12:48:22 PM
 #45

I also wondered why when I wanted to sell my coins, I saw that the market continued to decline. and vice versa if I start buying, the price of all the coins increases very quickly. very strange
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April 22, 2021, 12:53:51 PM
 #46

We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?

This is just crypto crazy ups and crazy downs.  I'm starting to think that there are no bull runs and bear runs.  This is and has been cryptos MO since it started.  Sometimes it spikes highers sometimes it spikes lower.  Keep stacking says and stop looking at charts.  Its healthy Smiley
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April 22, 2021, 08:02:33 PM
 #47

The problem is that when it has gone up so many times over time nobody is talking about it, and when it starts to decrease people think this is an overly serious problem. Experience in the market allows me to hope for future success.

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April 22, 2021, 08:06:45 PM
 #48

there may be a correction in the prices of coins that have been pumping. however, at the moment the potential coins mentioned still have a high chance of going up. besides, the drop in ETH and BNB prices is most likely due to bitcoin. I'm pretty sure the bitcoin price will go back up to the $ 60k price range
Are we still on the bullish market? Btc is struggling to go back on its peak price which is $60k - $64k and that is one indication that altcoins will gonna struggle too. Experts said that this is not dip anymore, market are slowly moving to bearish market because of the massive dumps.

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April 22, 2021, 08:46:18 PM
 #49

The problem is that when it has gone up so many times over time nobody is talking about it, and when it starts to decrease people think this is an overly serious problem. Experience in the market allows me to hope for future success.
The ups and downs of cryptocurrency prices are commonplace in the market, even though in my opinion the ups and downs of bitcoin or other crypto prices can provide benefits for us traders, because when prices fall we can trade briefly (ping pong) to get profit, even though the benefits are more small from a bullish price condition, but for sure when the price goes down now it provides a better opportunity for us to buy a number of altcoins at a cheap price, bullish or bearish will be able to provide an advantage if we can enter at the right time. So,
DONT PANIC ...!

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April 22, 2021, 09:14:41 PM
 #50

We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?
We dont need to expect that if we seen a bloody market again, Actually not only ones or twice the market become bloody. And it is normal from a market to doing that so we dont need to be afraid of because it will back again into a high price.

Maybe some investor or trader in here if they seen like that I think the coins they have it sell early for the bloody market and they think that would not comeback again.

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April 22, 2021, 09:47:35 PM
 #51

Nothing new to see here  Tongue

Okay here is what I think happened, first after seeing this news article https://finance.yahoo.com/news/sunday-bitcoin-flash-crash-sees-095427341.html there is something interesting that caught my eye

Quote
According to Bybt, the last twenty four hours saw a new record in liquidations. With over one million positions being wiped off the books. Totalling a mammoth $10 billion in positions that were liquidated.
Just from this you can tell its all instititional money at play because to wipe out $10 billion dollars this is simply saying Mega Whales are flexing their musle and playing with the market and because of how markets work we can't be bearish forever.


 
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April 22, 2021, 09:49:58 PM
 #52

If the whole market is a blood bath, waiting for dumped prices will bring more value to the portfolio because wise investors don't want to buy the price at the top levels. Almost all altcoins are near the ATH prices, so waiting for the dump and taking advantage of the dump will be more profitable rather than jumping to opportunity.

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April 22, 2021, 10:49:20 PM
 #53

The problem is that when it has gone up so many times over time nobody is talking about it, and when it starts to decrease people think this is an overly serious problem. Experience in the market allows me to hope for future success.
Well said, people become too tempted while the price goes up continuously for long time and they forget that a reverse action will happen. And that is necessary, we should address it as market correction not dump. That's the opportunity for investors to buy more. Probably market will recover soon and it will move forward again.

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April 22, 2021, 11:14:23 PM
 #54

If the whole market is a blood bath, waiting for dumped prices will bring more value to the portfolio because wise investors don't want to buy the price at the top levels. Almost all altcoins are near the ATH prices, so waiting for the dump and taking advantage of the dump will be more profitable rather than jumping to opportunity.
And this is the time for the wise ones to buy. I've read before that there were a lot of them that have been waiting for the price to drop.
Right now, this is that description that they've been saying that they're waiting for the correction to come so that they can start buying those altcoins that they want to buy. Bitcoin has dropped a lot too, don't forget buying it.

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April 22, 2021, 11:22:34 PM
 #55

If the whole market is a blood bath, waiting for dumped prices will bring more value to the portfolio because wise investors don't want to buy the price at the top levels. Almost all altcoins are near the ATH prices, so waiting for the dump and taking advantage of the dump will be more profitable rather than jumping to opportunity.
And this is the time for the wise ones to buy. I've read before that there were a lot of them that have been waiting for the price to drop.
Right now, this is that description that they've been saying that they're waiting for the correction to come so that they can start buying those altcoins that they want to buy. Bitcoin has dropped a lot too, don't forget buying it.

i dont know if its really wise to buy, its a very unsure times actually.seem very manipulated. now that they discover that btc isnt decentralized as what they claimed due to china's blackout, it could be the start of bear already.

selling 75% of my investment. the only thats left are the coins on dex. i'd seeing this should drop more when we see the weekly candles to submerge.


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Hippocrypto
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April 22, 2021, 11:35:45 PM
 #56

We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?

I'm hoping that the next will be a great recovery after huge dump happened, and what I am looking after this is the preparation for the next target of about $70k-$80k ATH. It's not that accurate but the chances is very high because the entire market depends with the progressive growth of btc and eth market. If you're smart enough you can use usdt as your buying power while the market goes down, then that opportunity is to accumulate your additional holdings.
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April 23, 2021, 03:16:41 AM
 #57

I think that now that the price of Bitcoin is giving indications that an eventual season of altcoins may be generated, it is not confirmed yet but there are many things that make it suspicious, the dominance of Bitcoin has fallen somewhat, it goes by 50% -49.5%, Every time the price of Bitcoin falls a little, the altcoins are gaining a% increase, this may indicate that investors are sheltering their money in altcoins (I only speculate) by seeing this graph I can draw the conclusion:



Quote
The major factor that could have tilted the scale in favor of altcoins is the massive rise in the popularity of the decentralized finance space. New York Stock Exchange president Thomas Farley pointed out in an interview with CNBC that “DeFi exchanges are doing as much volume if not more than Coinbase today.”
Source: https://cointelegraph.com/news/data-shows-traders-rushed-to-buy-altcoins-during-bitcoin-s-dip-to-50k


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April 23, 2021, 05:43:06 PM
 #58

If the whole market is a blood bath, waiting for dumped prices will bring more value to the portfolio because wise investors don't want to buy the price at the top levels. Almost all altcoins are near the ATH prices, so waiting for the dump and taking advantage of the dump will be more profitable rather than jumping to opportunity.
And this is the time for the wise ones to buy. I've read before that there were a lot of them that have been waiting for the price to drop.
Right now, this is that description that they've been saying that they're waiting for the correction to come so that they can start buying those altcoins that they want to buy. Bitcoin has dropped a lot too, don't forget buying it.

i dont know if its really wise to buy, its a very unsure times actually.seem very manipulated. now that they discover that btc isnt decentralized as what they claimed due to china's blackout, it could be the start of bear already.

selling 75% of my investment. the only thats left are the coins on dex. i'd seeing this should drop more when we see the weekly candles to submerge.
If you think that the drop is significant and the price that you are looking at right now is low, it's a wise thing to buy. But if you think that there's more to this dip.
And you're only waiting for that dip then you have to wait until that more dip comes. Despite the market is manipulated, you can always have your own say to the market and profit from it.

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April 23, 2021, 05:47:31 PM
 #59

If the whole market is a blood bath, waiting for dumped prices will bring more value to the portfolio because wise investors don't want to buy the price at the top levels. Almost all altcoins are near the ATH prices, so waiting for the dump and taking advantage of the dump will be more profitable rather than jumping to opportunity.
And this is the time for the wise ones to buy. I've read before that there were a lot of them that have been waiting for the price to drop.
Right now, this is that description that they've been saying that they're waiting for the correction to come so that they can start buying those altcoins that they want to buy. Bitcoin has dropped a lot too, don't forget buying it.

i dont know if its really wise to buy, its a very unsure times actually.seem very manipulated. now that they discover that btc isnt decentralized as what they claimed due to china's blackout, it could be the start of bear already.

selling 75% of my investment. the only thats left are the coins on dex. i'd seeing this should drop more when we see the weekly candles to submerge.
If you think that the drop is significant and the price that you are looking at right now is low, it's a wise thing to buy. But if you think that there's more to this dip.
And you're only waiting for that dip then you have to wait until that more dip comes. Despite the market is manipulated, you can always have your own say to the market and profit from it.
When it comes to profit making opportunity then it would really vary to person to person because not all would really be having the same input towards things which means
they can neither be seeing this dip to be already on the bottom or just simply wait up for another possible dip of price.Its really hard to tell or making it to be precise because
this market is way too unpredictable.It can neither go down even more or simply having some recovery or price pullback.So its a matter of how much risk that you can put in
because it would really be needing on making out decisions like this for you to benefit out and of course you do have the chance of losing too.

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April 23, 2021, 10:59:05 PM
 #60

If you think that the drop is significant and the price that you are looking at right now is low, it's a wise thing to buy. But if you think that there's more to this dip.
And you're only waiting for that dip then you have to wait until that more dip comes. Despite the market is manipulated, you can always have your own say to the market and profit from it.
When it comes to profit making opportunity then it would really vary to person to person because not all would really be having the same input towards things which means
they can neither be seeing this dip to be already on the bottom or just simply wait up for another possible dip of price.Its really hard to tell or making it to be precise because
this market is way too unpredictable.It can neither go down even more or simply having some recovery or price pullback.So its a matter of how much risk that you can put in
because it would really be needing on making out decisions like this for you to benefit out and of course you do have the chance of losing too.
Right, testing the waters as usual with one feet and see if you can bear the risk upon taking profit or if you're about to take the chance during the dip.
But usually, the dips are good timings to buy if you've missed a lot in the market. You only have to put where your mouth is by buying and using that moment.

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