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Author Topic: Be Prepared for the big dump.  (Read 2153 times)
Shikha99 (OP)
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May 19, 2021, 03:21:22 PM
 #1

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?
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May 19, 2021, 03:37:25 PM
 #2

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?
What you said is true, and the dump is already big now, the only question now is when will the dump end because usually after a big dump there will also be a big increase in Bitcoin which will affect the rise of all Altcoins in the market.

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May 19, 2021, 03:47:11 PM
 #3

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?

I think it's already happening now, as we see it across different markets most cryptocurrencies are 20-40 percent decline of the prices in just 24 hours, period and already wipe out the $350Billion dollars in the crypto market capitalization amazing correction this is the testament telling us how volatile the crypto market is so you were right mate prepared for the big dump.  
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May 19, 2021, 05:26:06 PM
 #4

Sick, the price just want to liquidated many people. It happen so fast, i loss 80% of my EOS in future. Sadly i drop my stoploss because i think it will just a flash crash, but the flash crash too dip Sad

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May 19, 2021, 05:41:52 PM
 #5

The dump is over, IMO. Bitcoin market will soon become stable and more people will buy bitcoin. However, it only happens temporary, enough for us to make a conclusion whether  bitcoin will pursue new top or find a new bottom. 2018, people believed bitcoin will surpass $20000 and exactly after it hit $20000, the price drop more than 30%. After this event, it takes nearly 2 years for bitcoin to pass $20000 and hit $65000. Maybe the new circle has been created

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May 19, 2021, 05:49:42 PM
 #6

Stupid and ignorant are those who thinks that crypto won't go into bear market, you are simply living in a world created in your own head and you aren't ready to face reality, bear market is coming and there is nothing that can change this, it's the only way that balance will be created

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May 19, 2021, 05:49:56 PM
 #7

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?

As of now it looks like the massive dumping is over. BTC was below 32k for a short time and ETH was below 2k at the same time. Now it seems that the price have stabilized as ETH is now again at around 2800 and staying there for more around an hour now. I hope we don't see another crash today.
If the prices could remain stable than we would have only went down like 20% or so which is still massive but not a complete blood bath. I just hope Elon musk is not making a stupid tweet again and remains silent.
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May 19, 2021, 05:55:00 PM
 #8

Stupid and ignorant are those who thinks that crypto won't go into bear market, you are simply living in a world created in your own head and you aren't ready to face reality, bear market is coming and there is nothing that can change this, it's the only way that balance will be created

Yes, we all still need this bloody condition to balance the ecosystem that has existed since Bitcoin appeared. By having a Bitcoin wallet, it already represents that everyone is still willing to accept Bitcoin, even though Elon Musk does not use Bitcoin as a means of payment.
It is likely that he will create a new coin called Tesla Coin which will also make the cryptocurrency market more and more acceptable to the public
There will be a time, Bitcoin will return to its newest ATH in the future

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May 19, 2021, 06:01:50 PM
 #9

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?
Well if you are doing crypto for a long time, you should be expecting this to happen. Based on the historical data of crypto market, every 3-4 years bull market happens and it will run for 3-4 months then after that it will dump again and 3-4 years again after the next pump. Last 2017 bull run has a 9 dips before the end of bullish market, I'm not sure if how many dips this 2021 bull market. Also if you will check the "Wall St. Cheat Sheet: Psychology of a Market", we are in the stage of anxiety or denial. Meaning, the dump/dip that we are experiencing right now is not the final dump. Experts says that they are expecting that btc will fall down to $28k - $30k.

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May 19, 2021, 06:02:23 PM
 #10

Though the market has corrected after that huge dump, still the overall trend points at a bearish market. The graphs are making lower highs and lower lows and overall atmosphere for crypto has been not so suitable. Crypto has faced almost all of the hurdles to come at this place still things like restrictions from government from India and China as well an established business stopping their bitcoin use would have impact on psychology of new investors.
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May 19, 2021, 06:22:07 PM
 #11

You just said it when we've got the dump already and it happened. Everyone must be prepared whether it be a big dump or pump. I have that belief that after this big dump, we're going to see a better price after wards. It has to go down so that bitcoin could reach better price after this.

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May 19, 2021, 06:25:56 PM
 #12

quite a big dump. and if BTC continues to dump or close candles below $ 45,000, then be prepared for the fact that all holders must be ready for the long term. and come back in 2024 in much better shape. There is no good suggestion for our emotional calming, other than to leave the market for a while.

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May 19, 2021, 06:28:59 PM
 #13

I panic sold all of my coins and tokens at loss and all I'm hoping is a market crash so that I'd be able to buy selected coins for cheap.
The bad luck always follows me and whenever I decide to buy a coin, and do buy, it crashes. I was maintaining a 50 50% of stable coin to crypto ratio but just jumped in all to crypto since last week to find one of the deadliest dump.
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May 19, 2021, 06:41:49 PM
 #14

The dump is over in the short term.  I think we are going to be in the range of $28 to $35 for now!  Tommorow is unknown as anyone can decide to sell! There is rumor of institutional investors selling bitcoin for gold.  Any Cryptocurrency that has it's reserve in gold will fly at this time.  Metawhale gold comes to mind at this time!

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May 19, 2021, 07:01:31 PM
 #15

We have already been hit hard it seems, it was an unexpected dump that looks like a flash dump but keeps going and catch many investors unaware of what to do, now am stuck with my bags, can't sell as price already too dip, but of there I'd going to be more dump, then the marker will really suffer.  But I hope this won't happen,  I don't like looking at market at this moment.

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May 19, 2021, 07:13:04 PM
 #16

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?
Yeah, its currently happening as of this moment. Trying to look on marketcap showing off Bitcoin and other altcoins in the market is having 30-40% down into its price.

Question is, is this something new into this market? No its not and this is what we called volatility. We dont know on what would be next in line.
Feel sorry for those who havent able to get out when the price is still on the peak but well these kind of times is the best time
to buy cheaper coins.

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May 19, 2021, 08:18:25 PM
 #17

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?
It is already happening and its too late to be prepared. If you haven't sold, then keep holding. Don't sell now or you will regret. If you have sold when the price was a bit higher, then my best suggestion to you would be to invest as much as you can during the dip. Even if you are holding, try to invest something (as long as you can afford) to maximize your profit. And yeah, with btc drops, altcoins drop harder. It will drop even harder when people will be selling off their altcoin to invest more in btc.

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Bravehash
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May 19, 2021, 08:39:22 PM
 #18

Just because many more people are investing in crypto and even few billionaires join the crypto craze this year doesn't mean that crypto price will keep surging, if you are in crypto space since years ago I'm sure you'd have understand this by now, bear market season will come that's 100% guaranteed

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May 19, 2021, 09:42:53 PM
 #19

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?
I don't know where to start or maybe I didn't catch up with your prediction of 😃. First, how did you mention that big dump coming when you registered on 17 May. Your single post didn't mention that you were alerting users about this big dump market. We all know that market correction time is for a while even though we know this correction won't take more than 2.5 months.
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May 19, 2021, 09:54:08 PM
 #20

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?
What you said is true, and the dump is already big now, the only question now is when will the dump end because usually after a big dump there will also be a big increase in Bitcoin which will affect the rise of all Altcoins in the market.

haha big dump has happened and you wrote it today again ?, do you want to scoop at a low price ?,
suggestions for you, yes just a suggestion, buy at the current price and hold, then you will win in the next months,
remember what I said mate  Wink
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