bittick
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May 19, 2021, 09:59:49 PM |
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nah, it's gonna do sideways, the price isn't gonna dump anymore since based on RSI and MACD bitcoin is oversold, it was overbought yes but it's before the dump so btc has the chance of going up again shortly, i'm no expert in analyzation but considering that tesla shill for it again I think it's only normal to say that maybe we gonna stuck in the current price $39k for a while and could go up again, but that's just speculation right?
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Viscore
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May 19, 2021, 09:59:58 PM |
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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
Of course it will. Even without Elon Musk that keeps manipulating the market, crypto market will have its own season to pump and dump. Once this happens, altcoins will drop their prices again even with dogecoin that only pumps when Elon started tweeting about it. But for bitcoin, its current price is not yet below $20k so more likely, the price is still stable and hopefully in the coming days, things will be normal for bitcoin as its price will bound to create another new ATH higher than $65k.
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motun01
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May 19, 2021, 10:00:09 PM |
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No one can tell for sure if the dump is over or if it will continue, nobody knows that for sure so its best to be prepared, if youre trading futures, make sure you set your protective stop loss to minimize the potential losses you'll make If you have crypto holdings, then you have a decision on your hands, to decide if you will take partials out or continue to hodl
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Hannahanto
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May 19, 2021, 10:05:11 PM |
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Is not the first nor will it be the last bearish season. The dump is already here no need to prepare is just to accept the dump and move on. I'll advice everyone not to sell at the dip yet instead you buy and hold more coin but I'm very sure this bear won't last for a week the market will revive and many will smile though features took a lot from us already. The best thing to do now is to watch the trade no need to panic, keep shilling, don't sell hold to avoid loss.
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chanler
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May 19, 2021, 10:10:28 PM |
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It is true that now we have to be prepared and alert for the big dump. we can see in the crypto market that currently crypto is down and this makes a lot of people panic. keep calm and don't panic sell so that the market doesn't get cloudy and we don't get a loss. we know that this has happened several times and we must be able to follow suit. don't rush into decisions that end up hurting us
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Twinkledoe
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May 19, 2021, 10:22:56 PM |
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It is true that now we have to be prepared and alert for the big dump. we can see in the crypto market that currently crypto is down and this makes a lot of people panic. keep calm and don't panic sell so that the market doesn't get cloudy and we don't get a loss. we know that this has happened several times and we must be able to follow suit. don't rush into decisions that end up hurting us
For those that are new in this market, for sure, they are already in panic mode. But if you think, you can hold off, better not to follow those who are selling their stash at a loss. This dump is not forever, at some point, we will see green light again. And once it recovers, you can sell your portfolio if you feel you can't bear this kind of roller-coaster emotional ride.
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mamiko
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May 19, 2021, 10:28:46 PM |
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We are too late to be ready for the big garbage dump because it has already turned into a garbage dump. Unfortunately, the return to this garbage was very fast. However, if we can make the best use of the bear season, then we will have the opportunity to make good gains in the sharp rises to be experienced. Now, instead of getting upset, we should start looking for valuable items in the dump. The big spikes behind these sharp drops have a very positive effect on both bicoin and altcoins.
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Rengga Jati
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May 19, 2021, 10:36:55 PM |
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It is already a big dump. With the decreased price until more than -40% for almost all crypto, it can be said as a sign of a bearish market. However, we can watcha and see whether the decrease will continue or stop and jump like a bubble. So far, we can see how the price is ongoing, most statistic shows that the big dump has happened this day and it is likely very surprising because BTC itself touched $30konly. However, the recovery of the market price seems so fast, proven with the increase and price of BTC itself right now at $39,039.28. Many people feel depressed with this big dump happened and many panics sell so that make the market worse and worse. Well, hopefully, this is only a shock therapy of the market dump to get another high jump, not the beginning of bearish time.
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ecnalubma
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May 19, 2021, 10:44:37 PM |
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It’s inevitable, the big dump already occur if another bad news will pop out it could go deeper. I still believe its not the end of bull market, this correction might be necessary for another bigger leap in prices. If you believe in fundamentals and aim for longterm this dip is nothing.
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Vaculin
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May 19, 2021, 10:47:56 PM |
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It is likely that we are heading back again to $40k, in fact, the price is now at $39,000 plus. We mostly thought that it was the beginning of the bloodbath but somehow the market just then recover after it drops to $32k. If this recovery will continue, then we got think that the people now show such an impressive market trust that they never got into panicking but still hold and still optimistic despite the dump speculations.
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shinratensei_
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May 19, 2021, 11:00:49 PM |
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what do you think?
I do agree with your statement dude. The market is not getting any dump before and it looks like the dump already happened but it will not so big as you said that. it will not go even further. The possible thing for bitcoin to reach 30k as the bottom price but it looks like it's bouncing back again despite the fact so much bad news has come to the bitcoin but bitcoin can still defend its position. It looks like we have reached the lowest point
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gribalenfeksiyon
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May 19, 2021, 11:31:31 PM |
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If these decreases continue, it means that the bear season has come. and the best thing to do in the bear season is to collect coins from the bottom. This is the best thing to do to be able to buy from the bottom and sell from high as everyone wants. Instead of withdrawing from the market due to the declines and being offended by the market, your goal should be to invest at the lowest prices and make good profits when a bull season comes again, to compensate for your losses.
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cabron
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May 19, 2021, 11:40:41 PM |
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If these decreases continue, it means that the bear season has come. and the best thing to do in the bear season is to collect coins from the bottom. This is the best thing to do to be able to buy from the bottom and sell from high as everyone wants. Instead of withdrawing from the market due to the declines and being offended by the market, your goal should be to invest at the lowest prices and make good profits when a bull season comes again, to compensate for your losses.
They can invest if they have sold their holdings while the price was higher but if they didn't and continue to hold, they may have less money to buy the tokens they have. But its a good thing to do to buy if they have the money. Saylor did it despite the crashing market. It hasn't gone to the very low though so I guess we are just experiencing the dip for it to bounce back up again because where else will the investors go to buy an investment but in crypto once again.
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rahmat86
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May 19, 2021, 11:47:05 PM |
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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 am always waiting for this, bitcoin has entered a bearish trend. the price of all the coins was already very high and today it all happened the price was dropping fast. I hope the price of bitcoin can go down again, seeing the Chinese news that prohibits the use of cryptocurrency in its country. it's time to get ready to buy bitcoin and altcoin at the cheapest price
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virasisog
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May 19, 2021, 11:51:52 PM |
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I guess this is the biggest dump in this current bull-run. If you are late on cutting your losses, don't be swayed by your paper loss, nobody knows if the market will bouce back after this massive correction. As long as you are not selling your losses are not realized yet. Some are taking advantage of this dips since most major coins had dropped up to 20% or more. Create a plan and expect that the market will never be always green.
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Scripture
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May 19, 2021, 11:51:57 PM |
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It’s happening now so we have no more choice but to adjust our plan according to the market trend. We might not end the year on bull but hopefully the market will not dump that much. $30k will be the strongest support for now, if we failed to hold into this level then we might see Bitcoin below $20k again, and that’s a doomsday for altcoins as well.
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MadeMen
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May 20, 2021, 12:02:55 AM |
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The market has experienced a substantial drop in value. I really do hope that this is not the beginning of the bear market. The market correction this time is the scariest I have experience. The coin market cap has lost over 300 billion dollars the last time I checked. But selling out of fear isn't the best.
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sumant
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May 20, 2021, 02:57:06 AM |
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In the previous three-four months market has grown but now due to some news and panic sales or some investors out from particular share market is going in dump. We should be ready for big dump. Convert all coins to usdt and ready to buy in hard dump situation. In crypto market it is very difficult to know high or low point of coins.
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fileo
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May 20, 2021, 03:18:39 AM |
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Yeah the market drastically fall like. I think the reason is accordingly to what you have said the monthly history of Bitcoin chart. All are red and no exceptions from the top coins to shitcoins. How I wish I have usdt now so I can buy at this momentum where all potential are in low position. Buy low and sell high. Invest at our own risk.
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Adeosho15
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May 20, 2021, 05:33:13 AM |
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The big dump for btc is now, but not all coin is affected by the price of Bitcoin, you should center the big dump around Bitcoin. You should also know that the dump can be stopped if a positive news surrounding Bitcoin should surface
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