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Author Topic: Another huge dump happening today, is this it?  (Read 678 times)
Luqman
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April 23, 2021, 11:41:42 PM
 #61

There are some bad news that came for bitcoin from CHINA and US.
Not only from these countries, but I also heard there is a banning issue of crypto in UK. The banks in UK now don't allow their customers to crypto deposit. Just check this article: https://coingeek.com/uk-banks-ban-digital-currency-deposits-report/. Since these are big countries, it is normal if the price of crypto decreasing much. Many people are in a panic because they are worried about their crypto assets. I really hope if this issue will disappear soon and don't affect more negative impacts on crypto market.
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April 24, 2021, 12:13:22 AM
 #62

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.

bought some back on the WAVES exchange this time. it was indeed a good time to buy but i didn't profit much from dumping. can't call it a profit actually for its just too tiny. what I'm trying to do this time is to make my investment safer with dex. hope to make it untraceable later.

this dump is caused by the panic of the investors because of the proposed tax law which they intend to collect from unrealized gain. it sounds funny but that's just what I heard on the discussion. and it might just dip a bit more soon. not an advice but this is just a hunch.







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April 24, 2021, 04:11:00 AM
 #63

Right now we are waiting for bitcoin to increase or will it continue to decline below $ 45,000? later if there is a decline in altcoins, you can be sure that it will experience a high decline. I myself have installed SL + on my trades to avoid deep losses. although many are still optimistic that bitcoin will be bullish until the end of the year, the negative sentiment in the US yesterday made a high decline

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April 24, 2021, 05:09:11 AM
 #64

Right now every dips in crypto market is a blessing for the wise, it's another buying opportunity you don't want to miss, to me I don't see bull season going away anytime soon, just keep buying the dip and selling high

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April 24, 2021, 06:52:38 AM
 #65

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 think all of the altcoins is in red zone too because of bitcoin correction in this past days. Well, this is normal beacuse alts will always be depend on bitcoin, and I hope this red zone will pass as soon as possible.

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April 24, 2021, 08:12:27 AM
 #66

It's common for huge dumps to happen in the crypto market, so many things can cause this to happen. The most important thing is
we shouldn't panic, because sooner or later the market will recover. So there's no need to worry, we just need to be patient, do not
become panic sell to see a market that suddenly dumps. According to my predictions in the next few days the crypto price will start
to slowly increase.

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April 24, 2021, 09:50:55 AM
 #67

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?
Lots of Unconfirmed Issues that comes here and there and that's the first reason why the price dumps .
Then That China issue and their banning of mining from provinces .

But asking what could be next? there is no confirmation but the last time that Bitcoin down to this level is the time where after a week it climbs up to the new ATH.

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April 24, 2021, 10:24:49 AM
 #68

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?
Lots of Unconfirmed Issues that comes here and there and that's the first reason why the price dumps .
Then That China issue and their banning of mining from provinces .

But asking what could be next? there is no confirmation but the last time that Bitcoin down to this level is the time where after a week it climbs up to the new ATH.
so they believe in a rumor ( stories without confirmation ) , then they sell and price dumped . if only theyl not think negative and dont do any action till the news gets confirmed , there shouldnt any dump thatl happen but china issue was confirmed although that was a long time issue and isnt the reason for the price fall . for whats next , no one will give you confirmation because why will they do that ? but dumps are soon followed by a pump , that is for sure .

FUD is high when crypto market is at ATH because everyone is in profit so every bad news that can be related to crypto even though the source is not trusted will be very powerful. Even a random twitter post can destroy a market. Stock market is on downtrend too on this week and maybe this is the reason why crypto follow since everyone is taking profit after a long good run.

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April 24, 2021, 11:12:24 AM
 #69

Right now every dips in crypto market is a blessing for the wise, it's another buying opportunity you don't want to miss, to me I don't see bull season going away anytime soon, just keep buying the dip and selling high
If you come to Have funds or have sold when the price is still High then yeah you are wise enough to buy more in this kind of season.
But if you are a so called HOLDER then you must have another funds to bet for this dump.

I have got my advanced bonus from the company and yeah i decided to Invest all in bitcoin and some small part for Ripple.


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April 24, 2021, 11:57:07 AM
 #70

It is not mayor dumping, everytime bitcoin want to goes higher then its ATH it usually going down 38% from it ATM ( this is in bullish market cycle ), but when the bearish comes bitcoin may going down more then 50% of its ATH.

Maybe we will see another dump untill $45k or something before we continue to $100k.

Look at 2017 bull run..

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SacriFries11
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April 24, 2021, 01:01:45 PM
 #71

so they believe in a rumor ( stories without confirmation ) , then they sell and price dumped . if only theyl not think negative and dont do any action till the news gets confirmed , there shouldnt any dump thatl happen but china issue was confirmed although that was a long time issue and isnt the reason for the price fall . for whats next , no one will give you confirmation because why will they do that ? but dumps are soon followed by a pump , that is for sure .
That's the thing in a big deal in crypto even it's just a rumor if affects the price of BTC especially if the news is directly affecting the track of bitcoin resulting the dump along with most of cryptocurrencies. Bad news is always started with interesting tweet and even the media manipulating it so that it can get hype. We should also think that it great opportunity for us to buy again, $47 is enough for the dip and if this kind of bad news about crypto will not happen in the next couple of weeks, we might see btc in the new all time high.

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April 24, 2021, 02:50:32 PM
 #72

To date, the fall in the Bitcoin exchange rate in the cryptocurrency market is explained by many reasons, including power outages in China, US sanctions against Russia, as well as the listing of shares of the largest cryptocurrency exchange on Coinbase. Another important fact is that Biden proposed to impose tax increases on rich people, and this, in turn, may also be the factor that influenced the rates of cryptocurrencies. But as always, this has a fleeting impact and soon everything will return to the same course.
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April 24, 2021, 03:07:31 PM
 #73

Following previous month Bitcoin dip at the end of the April, this time taxation and some news make the market down. But, things will change so be prepared for a quick move to the upside between now and the end of the month. Maybe the end of April the situation will be different because most of us having confidence BTC would over $60K again.
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April 24, 2021, 04:40:56 PM
 #74

Every one thoughts this april will be the best month for crypto with different price predictions for altcoins here and there, well april isn't over yet who knows what can still come up? It's just more dangerous to me to invest in coins at ATH, to say the truth I'm already waiting for another bear season already, I got loads of coins to pick up for cheaper price

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April 24, 2021, 07:53:55 PM
 #75

The story was that China's CBDC was confirmed to be backed by gold. There is no way to link the dots here, but consumers are simply expecting gold to be a better choice than BTC right now. People get too tempted as the price continues to rise for an extended period of time, and they forget that the price will eventually fall. And it is necessary; we must see it as a market correction rather than a dump.
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April 24, 2021, 08:26:37 PM
 #76

Disturbing news comes from the United States, perhaps this is one of the reasons for the sharp drop in bitcoin and its altos, but still I would like to think that this is a small correction and the market will show another explosive growth dynamics.
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April 24, 2021, 09:14:03 PM
 #77

People need to understand this that correction is part of the market, if you fill this is a crash then take your money and run, we are about entering the last lap of this bull run so have a take profit position by now, you can leave a small portion to run depending on how long the run will be.


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April 24, 2021, 09:22:16 PM
 #78

You had mention three coin on the binance exchanged. Apart from this, lot of trusted coin in the binance platform. The coin listed on binance will boost to moon in a short. But it was a different senerio in various less potential coin in the market. The a drap to get your money, you should not inverse in such coin.

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April 24, 2021, 09:28:44 PM
 #79

People need to understand this that correction is part of the market, if you fill this is a crash then take your money and run, we are about entering the last lap of this bull run so have a take profit position by now, you can leave a small portion to run depending on how long the run will be.

A lot want continuous rise in the market, so they are disappointed when they see that the prices are starting to drop. However, we need this correction from time to time. The reason why we can see up and down movement in the market. Not only today, but in the previous years. So this correction should be expected to happen. Nothing wrong with the drop. They thought the increase is forever, which it is not. In few weeks or months, we may be seeing the rise of prices again.
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April 25, 2021, 07:56:24 PM
 #80

There are some bad news that came for bitcoin from CHINA and US.
Not only from these countries, but I also heard there is a banning issue of crypto in UK. The banks in UK now don't allow their customers to crypto deposit. Just check this article: https://coingeek.com/uk-banks-ban-digital-currency-deposits-report/. Since these are big countries, it is normal if the price of crypto decreasing much. Many people are in a panic because they are worried about their crypto assets. I really hope if this issue will disappear soon and don't affect more negative impacts on crypto market.

We know that when FUD appears it comes from all sides at the same time, this is to try to scare as many people as possible as it is obvious governments around the world do not want people adopting bitcoin or any other cryptocurrency expect the ones they are about to release, but I think it is too late, they thought this market will never progress beyond a certain point but now they are seeing that thanks to their own policies during the pandemic this market is growing out of control and they are trying to stop this somehow with all the tools they have at their disposal.
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