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Author Topic: Bitcoin dump, Ethereum pump!  (Read 827 times)
bestcoins1
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December 14, 2021, 09:58:00 AM
 #141

Market is on a serious redzone these few days and it seems like a repeat of this years bears I just hope people dont panic too much because I think the reason why proces keeps dumping is basically people not wanting to believe that BTC can make a turn along the way Its very easy to scare people especially after most alts 50% dips and price still continues to dump like non-stop
People who are afraid of bears are people who will become victims of losses so they will always complain when the market conditions are like now even though this is also a good opportunity to get more profits when the market starts to stabilize.

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Argoo
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December 14, 2021, 07:52:54 PM
 #142

Recently, actually Bitcoin and Ethereum price is moving parallel to each other. But some time ago, Ethereum price was really increasing while Bitcoin's was decreasing. And this could be a sign for the future also. Of course, it will not be easy for Ethereum price to get past Bitcoin's. But I think that it has a potential to do this. Because Ethereum is getting better every year with new big updates.
Statistics emerged that over the past year, the price of ethereum has increased even compared to bitcoin by 230 percent. If the Ethereum 2.0 improvement ends successfully, it will be a huge boost to the popularity and price of ethereum. It has also been predicted for a long time that Ethereum, after a while, may bypass bitcoin in terms of capitalization and, accordingly, price dominance in this market. Whether it will be, time will tell. This is possible in the cryptocurrency market. But it is already obvious that ethereum will seriously compete with bitcoin in the future.

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blockman
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December 14, 2021, 11:03:07 PM
 #143

People who are afraid of bears are people who will become victims of losses so they will always complain when the market conditions are like now even though this is also a good opportunity to get more profits when the market starts to stabilize.
Yeah, they only want to see the pump but not the dump. This is common to the market whether you hold bitcoin, ethereum and any other cryptocurrency.
They're all bound to have the same scenario and it's up to you how you will maximize that moment of taking profit or buying at the cheapest price if ever all of you sees that.

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December 14, 2021, 11:19:18 PM
 #144

People who are afraid of bears are people who will become victims of losses so they will always complain when the market conditions are like now even though this is also a good opportunity to get more profits when the market starts to stabilize.
Yeah, they only want to see the pump but not the dump. This is common to the market whether you hold bitcoin, ethereum and any other cryptocurrency.
They're all bound to have the same scenario and it's up to you how you will maximize that moment of taking profit or buying at the cheapest price if ever all of you sees that.
They would only realize that when they lost money on where it is true that people would only just be minding off that the market is only having that
upward movement and doesnt consider those deep corrections and price decrease which it would really be ending up for you to get stressed and frustrated when you do see that you are losing money.Self realizations will really comes next which would really be comon for people who do have
those wrong impressions and beliefs on mind.

ShitcoinsFromHeaven
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December 15, 2021, 04:42:41 AM
 #145

Jamie Dimon is a fool.  He's been wrong about crypto since Day 1.   Huh
Jeff Bezos said, in his opinion, the #1 sign of intelligence is being quick to admin when you're wrong.

Jamie Dimon has been wrong about crypto for like 10 years, and yet will never admit he was wrong or change his opinion.

However, I think he may be right about this one.  So far Ethereum seems to be the primary crypto for web 3.0,  the smart contracts are just too useful and too powerful, and I wouldn't be surprised if ETH starts to crowd out BTC.
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December 15, 2021, 05:47:10 AM
 #146

People who are afraid of bears are people who will become victims of losses so they will always complain when the market conditions are like now even though this is also a good opportunity to get more profits when the market starts to stabilize.
Yeah, they only want to see the pump but not the dump. This is common to the market whether you hold bitcoin, ethereum and any other cryptocurrency.
They're all bound to have the same scenario and it's up to you how you will maximize that moment of taking profit or buying at the cheapest price if ever all of you sees that.
I personally don't see a lot of hazard in Bitcoin or Ethreum long term. Assuming you're believe in a coin long term, enough not to sell at a loss, purchase more at the least in the cheapest price. But, yes all the other things in the space is extremely unsafe. So, when you're shilling alts, realize the danger you're taking. It's high. Most people buying altcoins have no clue the degrees of hazard they are taking.
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December 15, 2021, 11:53:08 PM
 #147

People who are afraid of bears are people who will become victims of losses so they will always complain when the market conditions are like now even though this is also a good opportunity to get more profits when the market starts to stabilize.
Yeah, they only want to see the pump but not the dump. This is common to the market whether you hold bitcoin, ethereum and any other cryptocurrency.
They're all bound to have the same scenario and it's up to you how you will maximize that moment of taking profit or buying at the cheapest price if ever all of you sees that.
I personally don't see a lot of hazard in Bitcoin or Ethreum long term. Assuming you're believe in a coin long term, enough not to sell at a loss, purchase more at the least in the cheapest price.

I'd also avoid comparing any other cryptocurrencies with Bitcoin and Ethereum too quickly. Over the years we've seen 99%+ altcoins fail, and fall out of the Top 10 or Top 100 only to be forgotten about and continue to lose value against BTC and ETH, struggling to regain their USD value with the weight of selling pressure at higher levels. So there is a reason to be cautious in bearish conditions, that could lead to another multi-year bear market, with altcoins that have yet to prove their relevance. Even project with good fundamentals and great tech die in bear markets, never to be seen again, simply due to selling pressure.

I remember in 2018 when people continued to invest in altcoins as they fell, it was only by 2019 when Bitcoin reached $14K and their altcoins had dumped even further they realised their mistakes. Holding coins that have a long price history of bouncing back, such as ETH and a few others, makes a lot more sense than ignoring emerging bear markets in altcoins. It's not worth simply buying more if you haven't taken profits.

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alisonwonder
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December 16, 2021, 06:44:28 AM
 #148

Market is now very volatile it is more volatile than the past bull run. I see that there are also a lot of metaverse coin that is not affected by the falling of btc price, so I think the crypto market is now really different and sometimes it happens that when bitcoin down ethereum will pump and that is not normal to us. The normal is that when btc price rise ethereum and altcoins will also rise but when btc fall all coins will also fall. It is maybe because of the very high on volatility market.
The opposite has also happened to Ethereum when Bitcoin started to fall but that kind of thing is always very rare and doesn't even happen for a long time because it's true that normally Ethereum always follows the flow of Bitcoin price movements so very often it increases simultaneously and decreases simultaneously with Bitcoin

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December 16, 2021, 02:16:21 PM
 #149

It must be admitted that the influence of bitcoin has decreased after the arrival of USDT, the number of large projects that carry the concept of NFT and Defi makes the market more active, and some coins that have the opportunity to replace bitcoin are ETH and BNB, maybe many people think it's impossible, but look at the daily transaction volume, bitcoin continues to decline and ETH continues to increase.


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Gudhal Untu
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December 16, 2021, 02:51:29 PM
 #150

This is the importance of us dividing assets, even when the top 10 red ranks there are some coins that continue to be green, by dividing the assets we are not dependent and of course it is too risky if we only hold 1 or 2 coins, now I collect about 30 coins only 10 are ranked top 100, and almost everything is green today.
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December 16, 2021, 03:32:23 PM
 #151

I think it is definitely rong the news a Bitcoin dump because Bitcoin is the king of  cryptocurrency and they are very strong coin all of the coin but some time price down and high they are the part of a cryptocurrency .
And i cannot said that Ethereum is a bad coin .
Ethereum is a one of the best coin in Crypto and they are rise there price for day by day so the many people say that Ethereum is a pump so it is absolutely true but the Bitcoin dump this thing is rong both coin are very interesting.

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