Why complain about the dump when the market warned you????

[KimmyF]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

Does that mean, your research says that the bear market is coming if the price structure broke several times? This simple research won't work every time, especially during the bear market. I don't have any single complaint about the current dip situation. Because I'm waiting for a dip which started yesterday. This dip must be alive for at least 2 months.

[Jackl87]

It's true that there already were some indicators that a dump might be coming a few days ago but the first dip was pretty clearly started with the announcement of elon musk that tesla is not accepting bitcoin as a payment anymore. Then 1 or 2 days later china announced a new crypto ban which led to the second and even bigger dump. So yes there where some indicators before but i still think that, if Musk and china would have not made that announcements the price now would still be the same as it was 1 week ago. So i think the already nervous market and those announcement came hand in hand ... just a bad timing for us.

[Henrobakkara]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

Does that mean, your research says that the bear market is coming if the price structure broke several times? This simple research won't work every time, especially during the bear market. I don't have any single complaint about the current dip situation. Because I'm waiting for a dip which started yesterday. This dip must be alive for at least 2 months.

I believe the Dip was just most severe yesterday but I don't think the down trend started yesterday even though I agree with the other part of your post. I think investors were not really anticipating the fall the way it went but was just hoping that there was going to be some sort of correction and even though some TAs might have pointed to a correction, but the dip was severe.

[Atang Sulaeman]

It is very natural for someone to feel like a failure if their investment in altcoins has decreased,
because of the normal greedy nature of humans who just want to make profits.

[Golftech]

It's true that there already were some indicators that a dump might be coming a few days ago but the first dip was pretty clearly started with the announcement of elon musk that tesla is not accepting bitcoin as a payment anymore. Then 1 or 2 days later china announced a new crypto ban which led to the second and even bigger dump. So yes there where some indicators before but i still think that, if Musk and china would have not made that announcements the price now would still be the same as it was 1 week ago. So i think the already nervous market and those announcement came hand in hand ... just a bad timing for us.

Anticipation always help if you are well informed if what are the latest information that showed up

along the market, those who able to decide before hand manage to comes up with a good plan, Musk

and China's fuds really hit the market, few days ago the market really fall hard, nice to see that the

market start moving up again.

[adzino]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

Not everyone is complaining. It's only those who invested when recently are the ones that are complaining. I am not even sure why they are. As long as they haven't sold anything, they are good. They still own the same amount of coins. Others are complaining because they think that the market is being manipulated and Musk has caused the price to crash. He didn't crash the market. People who sold to take profit crashed the market. Tesla is still holding their coins.
While some are crying, others are taking advantage of this dip.

[CSquared Collective]

Why do people complain? Because it's human nature.

The only people that don't complain are the ones that didn't lose money or made money. AND the very few that are actual traders and if taken losses already reevaluated the situation and put on new trades.

Everyday is a new day, with new opportunities.

[Cling18]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

People who usually complain are those people who have just started in the crypto world. Crypto investment isn't just about gaining profits because we also have to face its risks that the market could drop down at anytime. Instead of complaining, looking at the brighter side, and taking advantage of every market situation is the best thing that we can do.

[Maslate]

There is no way to stop this as in all different situations either be a bullish and bearish season people never stop complaining.
So, this not new to me and I'm aware also the people will start talking negatively once the market dump but they are also optimistic once we are in the hype.

This what I love in this market as to see people becoming busy digging for the reasons. As they got more curious about a thing that causes these dumps, the more they got the knowledge and could eventually help them to understand about the market volatility.

[michellee]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

Instead of complaining about the recent dip, it is better if they can search for their opportunity to buy in this dip to buy more amount of any potential coins at the market. Learning and researching the market before deciding will be necessary because you can know the situations from the market you can act based on the market situations. But when people still not doing something and only complaint about the dip, they will not get something good from the market and will regret it later.

[adekogbe]

So many people are focused on buying the dip and they dont even know when the right to buy and sell their crypto assets.
A deep knowledge of price action trading and candlestick patterns will solve this problem.
Don't just go into crypto because of the money that you see people are making, you should always get the knowledge first

[Rexler]

Learning about price movement is very vital, but I'm afraid most noobs don't bother to learn about price movement before they start trading the crypto market, they just jump into it, and yesterday they were all crying when the crypto market dumped massively, yesterday it was just like we relived the 2017 moment, too bad we will always have noobs who will get burnt when such dump happens.

[memyselfandi]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

Well said. Those people you saw are the people who just recently involved in crypto space and after gaining some profits with the scattered sh*tcoin in the market, they think that they can do it with other coins and feel that they are really into the trading and know it all.

They will realize that going into crypto market is not an easy peasy task. There's more than meets the eyes here. If newcomers thought that this is the market where they can get-rich-quick, then, they are wrong. It depends on where your funds are going to. And most of the time, those who got large profits from the hype are just lucky. Not many people can get their profits that easy. Even long timers here have hard time selecting good projects that will give them good profits.

Yeah they are not on the real trading world. Trading requires time before we can say that we are into the actual scenario. That the one thing I love about crypto, this is something that worth to become a profession and put a lot of effort to achieve mastery.

[X-ray]

because of the normal greedy nature of humans who just want to make profits.

Agreed and there's no reason to complain about that. I thought that if the true story is the thread starter was complaining about there are lots of people who have been soaring caused by their portfolio goes down. These people must not be blamed. just because OP was creating a warning in the past but only a few people are following it and he can't blame so many newcomers. The whale can dump the market instantly and it's totally unpredictable. I thought that when there was no a bad news from elon and china the dump will not so big like this time

[manggis97]

Personally I dont compalin this dump because I have seen the same big dump before, so I keep calm and still hold strong my coin. I keep learned the history of Bitcoin and others altcoin, and from it, I can say the same dump happening many times and there are always strong correction and the price will bounce back because I believe too early to say altcoin season is over.

[tsaroz]

There are a few assumptions that comes true in every form of market. The dump was predicted and almost everyone knew it. But people were not sure when. This led to many people that sold off their coin, enter again for profit at a later time which turned out to be an bad idea. I'm talking about myself, held dollar pegged coins for month and as I watched the market stay, decided to enter again just before the dump. It's FOMO that's driving people into a high market.

[iTradeChips]

I think that people complain when they do not get what they want from their investment, that is understandable. Most of the times they get information, especially valuable trading information from other people and traders. But these people also get their information from others and sometimes information can be wrong or obsolete. Many follow advise from authoritative figures like businessmen or celebrities, since they think these people know so much about a certain field. When the time comes that the market no longer gives what they want then of course they rant.

[Fredomago]

There are a few assumptions that comes true in every form of market. The dump was predicted and almost everyone knew it. But people were not sure when. This led to many people that sold off their coin, enter again for profit at a later time which turned out to be an bad idea. I'm talking about myself, held dollar pegged coins for month and as I watched the market stay, decided to enter again just before the dump. It's FOMO that's driving people into a high market.

Experienced wise, this kind of mentalities makes people lose their investment, trying to ride with the market sentiments but failed
to enter in the right timing.

Buying while many others are fomoing and sell out once the fuds begins to comes up dragging down the market, if you are unsure better
not rush things out, best practice is to set your goals and plan ahead of time,.

Though like you, it's really tempting to bring some spare money when you see a healthy market, thinking that it's a continuous bull and expect more than the supposed  target.

[sapnu]

As we enter the market, it is our mere responsibility to make speculations about the coin we are currently investing. Now that it has completely turned red, we should not be surprised or worried anymore if we prepared for it beforehand. The signs were clear that the dip is soon to happen considering the issues bitcoin are currently facing. We could've set our investments on hold or out if we believed that dip was coming but since some still believe that bitcoin would soon bounce back, it is not surprising that many are still holding but some of them are surely complaining.

[husnija]

I think that people complain when they do not get what they want from their investment, that is understandable. Most of the times they get information, especially valuable trading information from other people and traders. But these people also get their information from others and sometimes information can be wrong or obsolete. Many follow advise from authoritative figures like businessmen or celebrities, since they think these people know so much about a certain field. When the time comes that the market no longer gives what they want then of course they rant.

Sure that tempted by instant huge profits, of course many are affected panic sell. You can see the state of the market in the past 2 days, it can be an experience for new people just like me at the beginning