tabas
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April 26, 2021, 07:12:08 PM |
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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.
That's what those people who kept asking if it's no longer going to recover, they should runaway with their money and never go back. Sometimes, you're going to get full of them when you usually see questions coming to you personally through social media or you see in different groups whining about the market condition.
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CoinFoxs
Copper Member
Legendary
Offline
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
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April 26, 2021, 07:18:54 PM |
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This dump was normal i guess most of the traders get their profit and they sold their coins due to which market was red but again market is recovering and currencies start growing to reach their maximum prices. I think market will stay there for few days and then we will see a huge pump again. Now bitcoin and other currencies will increase because many new investors coming to crypto world and start buying altcoins. Wait for the next pump which is near.
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ScamViruS
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April 26, 2021, 07:38:36 PM |
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It is not right to think that the market will only continue its upward trend. The market corrects after its uptrend and prepares for the next move. Today you may see that the market is trying to recover which in the coming days it will be understood which way the market will go. When the market corrects, there is an opportunity for traders to dip by, while panic sellers panic sell their assets. This is the rule of the market. If the market can go up and down, the market has not created a panic. For experienced traders, they use it as an opportunity.
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go4crypto
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April 26, 2021, 07:41:43 PM |
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Bitcoin options expiry is on fourth Friday of every month and usually bitcoin and market corrects into it. After that there is a good rise into middle of next month. It is rally time now.
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Japinat (OP)
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April 28, 2021, 10:22:55 AM |
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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.
The correction happened, and it's necessary so we can expect it anytime. This time, I guess the correction is not coming anytime soon yet, there's only a minor correction but I'm expecting a bigger one. Bitcoin hasn't dropped $40k even if it already touches $40k plus in the past few days, so probably the trend now is an uptrend, let's see what would happen next.
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matchi2011
Sr. Member
Offline
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
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April 28, 2021, 10:33:56 AM |
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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.
The correction happened, and it's necessary so we can expect it anytime. This time, I guess the correction is not coming anytime soon yet, there's only a minor correction but I'm expecting a bigger one. Bitcoin hasn't dropped $40k even if it already touches $40k plus in the past few days, so probably the trend now is an uptrend, let's see what would happen next. It's played perfectly, those who are weak are regretting there loses now, after that downfall many holders who panics are dissapointed with how the market run. For those who continue to believe and instead of selling they continue to buy those cheap coins and added it up to their previous assets. They are enjoying for sure.
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Cengghengmania21
Jr. Member
Offline
Activity: 406
Merit: 1
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April 28, 2021, 11:56:44 AM |
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Low,highs and bloody to the green market often occur in trade. so we must always be vigilant and always follow the price developments that occur if we decide to buy or sell the coins we have
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ElmedoRator
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April 28, 2021, 03:24:14 PM |
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Low,highs and bloody to the green market often occur in trade. so we must always be vigilant and always follow the price developments that occur if we decide to buy or sell the coins we have
Having to look at the problem again, I think such a deep decline is understandable since it has risen all the way through the bull run up to the present. I was also quite desperate at a time when the entire market fell so deep, but the uptrend is not over yet and we are still looking forward to a booming altcoin season.
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sapnu
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April 28, 2021, 05:19:20 PM |
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The price movement of bitcoin and other cryptocurrencies have been very confusing nowadays. After the consecutive new ATH of bitcoin, many are starting to worry whenever it experiences deeps and maybe it is all because of what happened way back 2018. Indeed, the market wouldn't go on with its upward trend, corrections will take place or sudden dumps may occur and the best thing we can do is prepare ourselves for the best and for the worst to avoid regrets. Amidst all the speculations, we should not rely on it completely since all of it are just smart guesses. It would be better if we personally observe the pattern or movement in the market so we can make better decisions for the benefit of us.
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South Park
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April 29, 2021, 07:10:59 PM |
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This dump was normal i guess most of the traders get their profit and they sold their coins due to which market was red but again market is recovering and currencies start growing to reach their maximum prices. I think market will stay there for few days and then we will see a huge pump again. Now bitcoin and other currencies will increase because many new investors coming to crypto world and start buying altcoins. Wait for the next pump which is near.
I am not so sure the dump happened because of normal market forces, it seems the bears are doing everything they can to manipulate the market and they were successful for a time but the bulls are so strong that even if the price went below 50k during some time that was not enough to keep it there for long, it seems to me that this bull run is going to last longer than what many people expected and for me that is fine as I will benefit from my bitcoin holdings even more than what I thought I would.
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hulla
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April 29, 2021, 10:14:46 PM Last edit: April 29, 2021, 10:35:58 PM by hulla |
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It is not right to think that the market will only continue its upward trend. The market corrects after its uptrend and prepares for the next move. Today you may see that the market is trying to recover which in the coming days it will be understood which way the market will go. When the market corrects, there is an opportunity for traders to dip by, while panic sellers panic sell their assets. This is the rule of the market. If the market can go up and down, the market has not created a panic. For experienced traders, they use it as an opportunity.
It is so hard to predict what will happen and l would say it is just impossible. But it will not change, there are always some people who sell their coins when the market gets down. However, as you know there is always such change in the crypto world and if you can be enough patient the event of the market will change and cryptocurrencies will start growing up again. You should not decide in a panic situation, that is why if you can not control your emotion, you will lose your money soon or late. It's hard to predict what will happen in the market but it never impossible to make the prediction, there is some event that will always impact the price of the market either we like it or not and using this event to predict the next trend of the market make it possible to predict the market price. Patient is one of the keys to making a good investment decision, you need to relax and never decide when the market is in a panic stage or when the trend seems unclear.
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RbiggerG
Full Member
Offline
Activity: 302
Merit: 100
The Standard Protocol - Solving Inflation
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April 30, 2021, 03:19:14 PM |
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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?
Ya, and the bloody market is history for now. That's not bloody, that's reasonable thank god it happened. It's like cooking water and you know it's getting hotter and hotter without letting go some steam. You'd be careful opening your cooking pot wouldn't you? It's better to have these dips sometimes than having them not at all ever.
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