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Author Topic: Red flags in the bear market.FBI Warns&Dow plunge.  (Read 196 times)
Princejebs
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July 20, 2021, 04:08:02 PM
 #21

If you choose to sell because others are threatening and you see some lagging indicators which that indicate bear market, do so but it will be literally wrong if you are creating awareness for people to sell.
Don't be surprised you wl just wake up and see bitcoin price on $40k doing some wonders. It has happened before and I don't see anything stopping it this time either. There is always a choice and option, sell or hold to the moon.
clarkt
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July 20, 2021, 04:13:45 PM
 #22

Cryptocurrency should not be at the receiving end of FBI operations and warning.  Those who violate the law should be dealt  with and without prejudice against cryptocurrency.  If there is spotlight on cryptocurrency by authority, it will definitely trigger a response no doubt, however,  it shouldn't be a red flag for you to sell! Cryptocurrency is legit and the future of money is dependent on it!

vv181
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July 20, 2021, 04:15:04 PM
 #23

Rehashed FUD made by the media and also you OP. The FBI article was made a few weeks ago, and honestly, IMO the FBI news is exaggerated. the article you stated also referred back to 9 July. So, if you correlating it with the current price then it's FUD, that spreaded yet again.

Nevertheless, this week the stock markets have some sell-off, some people indeed correlate it with the current cryptocurrencies market situation. Actually, we shouldn't have to worry about all of this. It's just another day in the office.
bekti3
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July 20, 2021, 04:18:14 PM
 #24

What does the FBI have to do with market movements that are already in the bear zone? do they take advantage of the conditions or their duties are no longer in the secret investigation sector? if they contribute to the dissemination of inaccurate information how do we assess them as an independent institution?

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isaac_clarke22
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July 20, 2021, 05:31:15 PM
 #25

~
They don't have anything direct in terms of relation in crypto, but from their emphasis on that kind of FUD would make a lot of people dump their coins causing price to plummet.
It is more of like reaction rather than the direct of effect of it.
apa don
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July 20, 2021, 05:59:22 PM
 #26

What does the FBI have to do with market movements that are already in the bear zone? do they take advantage of the conditions or their duties are no longer in the secret investigation sector? if they contribute to the dissemination of inaccurate information how do we assess them as an independent institution?

Yes, that's right, the red flags flying in the bear market, and it all happened because bear market assets are very scary for other market assets, because the bear market is very unprofessional in the crypto asset market, and the bear market has no rules in running a market. project.
therefore all market assets should not happen the same thing.

leea-1334
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July 21, 2021, 03:09:45 PM
 #27

I don't understand one thing. What is the point in saying that the dip in Bitcoin prices is caused by the NYSE market crash? It should be the other way around, right? If the stock markets are down, then the cryptocurrency prices should be going up. If the stocks markets give good returns, then the attractiveness of cryptocurrency diminishes, if I am not wrong. If the same is true with gold (when stock market goes down, the gold prices go up), then I don't understand how it can be different for cryptocurrencies such as Bitcoin.

Because as much as Bitcoin likes to think it is on its own and has gone a new way away from the traditional markets, so far this last 2 years it has shown it is still highly correlated.

Think back to March 2020 last year when the stocks and oil totally crashed (oil even became negative). Bitcoin also crashed to the lowest point in 3 years.

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TWW
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July 21, 2021, 03:18:35 PM
 #28

What does the FBI have to do with market movements that are already in the bear zone? do they take advantage of the conditions or their duties are no longer in the secret investigation sector? if they contribute to the dissemination of inaccurate information how do we assess them as an independent institution?

Yes, that's right, the red flags flying in the bear market, and it all happened because bear market assets are very scary for other market assets, because the bear market is very unprofessional in the crypto asset market, and the bear market has no rules in running a market. project.
therefore all market assets should not happen the same thing.
what do you really think?
From the beginning, the crypto market grew by pumps and dumps. traders and investors enjoy it all as learning to study the market. Don't confuse the stock market, oil, and other investments with crypto. it will be different when the analytical skills you use do not develop.
the market is grown to attract more new investors. then the market will drop to allow the old investors to enter at a lower price. in the course of the market, they will be back in the pump.
leea-1334
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July 22, 2021, 04:38:59 PM
 #29

what do you really think?
From the beginning, the crypto market grew by pumps and dumps. traders and investors enjoy it all as learning to study the market. Don't confuse the stock market, oil, and other investments with crypto. it will be different when the analytical skills you use do not develop.
the market is grown to attract more new investors. then the market will drop to allow the old investors to enter at a lower price. in the course of the market, they will be back in the pump.

Exactly. I really never understand why people cry and whine and complain,,, this is normal and we all NEED the market to go pump and dump like this to make it interesting for new players and speculators.

I think without them,,, even the holders and users would get bored. Then we would all get a different form of complaining. Enjoy the ride.

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.....I AM BLACKJACK.FUN.....
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bitcon
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July 26, 2021, 03:34:25 PM
 #30

Personally I am going to wait for things to be worse and buy more Bitcoins then. As it is an absolutely normal thing when after a big bull run, everything is falling. That's why there is no point in worrying. Actually, I would rather you made your own decisions and if you don't believe in the potential of this industry, then sell.

Talking about threats of attacks, they exist all the time, so the best way we can protect ourselves from them is to work only with projects that we have investigated. And in case of uncertainty, it is better to invest small sums and be on the alert  Roll Eyes
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July 26, 2021, 05:03:17 PM
 #31

Government Agency are always in the habit of warning cryptocurrency users and threatning exchanges! Anytime I see these warnings, I see it as a signal to buy good crypto. It  has turn out to be a goo decision for me. We have heard many good news right after these warnings and bitcoin rebound into positive teritories now! Cryptocurrency is a different market from stock market and these differences is what make crypto market unique!

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