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Author Topic: Dump market potential?  (Read 1099 times)
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November 16, 2023, 10:50:19 PM
 #81

(......)
Some people are saying there is possibility that third world war has begun, but which I will not believe for it not to affect my bitcoin investment.
This will not happen anymore, that's for my own opinion.
And just in case it happens, Bitcoin will not get affected or it will dump. As you can see, Bitcoin is a worldwide acceptable currency, so I can assume that no dumping effect on it because no one will attack Bitcoin, Bitcoin for sure will be just used by the majority.

If the third world war happens, is it safe to keep money in the bank or gold at home? of course not, meanwhile if when a war happens we save bitcoin as a protector of the value of our money (the impact of war will not dump the price of bitcoin), that actually benefits us a lot, we can save the bitcoin we have wherever it is. Bitcoin is the best investment asset at the moment, as long as you keep your wallet password and private key well then you don't need to worry about anything that will happen in this world, just go to a safe place then your Bitcoin will be safe with you on your smartphone or in your hardware wallet.



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November 17, 2023, 12:49:38 AM
 #82

I've been reading posts in this forum from ppl who aren't experts in cryptos or finances but they're asking ppl to buy because the price's going high. They shouldn't spread FOMO but they're doing it because they've already bought their own bitcoin so they're trying to get other ppl to fall in to FOMO.

FOMO will always find new people to attract and will always target those who do lack the patience , who lack discipline and like you said , the sensible traders. Well , it's true that most of the Bitcoin predictions weren't on point but personally I do remember some people actually making accurate prediction of what Bitcoin could do and what target it could reach during the next bull run. ( predicting Btc price is almost impossible but it's worth trying)

Regarding dump chances , I personally do not think we will see another dump in price before Bitcoin makes a sudden rise in price that will require a correction but until then , I cannot see Bitcoin going under 34k during this year and the next one as well. 

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November 17, 2023, 02:43:17 AM
 #83

I've been reading posts in this forum from ppl who aren't experts in cryptos or finances but they're asking ppl to buy because the price's going high. They shouldn't spread FOMO but they're doing it because they've already bought their own bitcoin so they're trying to get other ppl to fall in to FOMO.

FOMO will always find new people to attract and will always target those who do lack the patience , who lack discipline and like you said , the sensible traders. Well , it's true that most of the Bitcoin predictions weren't on point but personally I do remember some people actually making accurate prediction of what Bitcoin could do and what target it could reach during the next bull run. ( predicting Btc price is almost impossible but it's worth trying)

Regarding dump chances , I personally do not think we will see another dump in price before Bitcoin makes a sudden rise in price that will require a correction but until then , I cannot see Bitcoin going under 34k during this year and the next one as well. 

At this time, there are a lot of questions about whether to buy bitcoin now or not, and they often come from newbies. Although bitcoin has increased significantly over the past few months, I think giving advice to others to buy now is not Fomo. Because as we know, bitcoin is very unpredictable, no one can be sure whether it will correct or will continue to increase to 40k, 45k$ in the coming days. So it's not necessarily wrong for people to buy now as long as they hold for the long term and will only sell during the next bull season.

I think if we don't buy right away and wait, that's also a risk because there's no guarantee bitcoin will correct. So every decision depends on each person's strategy. If it were me, I would still buy at this price.

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November 17, 2023, 10:41:55 AM
 #84

I've been reading posts in this forum from ppl who aren't experts in cryptos or finances but they're asking ppl to buy because the price's going high. They shouldn't spread FOMO but they're doing it because they've already bought their own bitcoin so they're trying to get other ppl to fall in to FOMO.

FOMO will always find new people to attract and will always target those who do lack the patience , who lack discipline and like you said , the sensible traders. Well , it's true that most of the Bitcoin predictions weren't on point but personally I do remember some people actually making accurate prediction of what Bitcoin could do and what target it could reach during the next bull run. ( predicting Btc price is almost impossible but it's worth trying)

Regarding dump chances , I personally do not think we will see another dump in price before Bitcoin makes a sudden rise in price that will require a correction but until then , I cannot see Bitcoin going under 34k during this year and the next one as well. 

At this time, there are a lot of questions about whether to buy bitcoin now or not, and they often come from newbies. Although bitcoin has increased significantly over the past few months, I think giving advice to others to buy now is not Fomo. Because as we know, bitcoin is very unpredictable, no one can be sure whether it will correct or will continue to increase to 40k, 45k$ in the coming days. So it's not necessarily wrong for people to buy now as long as they hold for the long term and will only sell during the next bull season.

I think if we don't buy right away and wait, that's also a risk because there's no guarantee bitcoin will correct. So every decision depends on each person's strategy. If it were me, I would still buy at this price.
Always something like this on which we would really be that having that question on which neither we should be buying or needing to wait specially on a certain condition. Due to lack of experience and knowledge
then most newbies would really be that too impulsive when dealing up with things until they would realize that they had missed out the opportunity on buying cheap and they would really be buying when its pumping. This is really a common scenario that we could have on this market on which there would really be ups and downs and if you are really that missing up on taking actions just because you are really that in doubt or having those hesitance then it would be your choice, sometimes it might be leading up as a good call and sometimes it would really be causing for missing out opportunities.

Dump market potential? Always assume that this could really happen anytime because news and sentiments could really pop out like mushrooms on which it is really that hard to predict on where it would really be actually going. If you wont really be taking up some risks on buying then there's no way that you could really be having that potential on making profits if you wont really be
making such step. Outcomes or results would really vary into each individual since not all would really be having on the same mindset and approach on things.

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November 17, 2023, 11:05:35 AM
 #85

Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.

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November 17, 2023, 12:57:14 PM
 #86

There's a problem with cryptos when it's value get affected by whales dumping. Some investors want to buy at halving so they'll hodl but if whales decide to sell it's going to making it dumping season. Smaller investors usually find it's them who's losing money because of the dumping. This year's nearly done so without a bullish period dumps won't happen.

Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.

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November 17, 2023, 01:40:38 PM
 #87

Currently the market is not dumping at all. Because Bitcoin is now on a growth path.  The value of Bitcoin is increasing now. The Bitcoin market is pumping right now. It will probably leave 45k to 50k. Because Bitcoin's price growth rate is very good. I think this time bitcoin price will break 50k.
Dump market not potential

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November 17, 2023, 08:02:23 PM
 #88

There's a problem with cryptos when it's value get affected by whales dumping. Some investors want to buy at halving so they'll hodl but if whales decide to sell it's going to making it dumping season. Smaller investors usually find it's them who's losing money because of the dumping. This year's nearly done so without a bullish period dumps won't happen.
I do believe that it will not be impacted all that much until the halving, there could be some small falls but I think if we could just take advantage of them like we did last time, we should be fine. We have gone above 37k, then went to 35k and in a single day went back to above 37k, which is the situation we need whenever there is a fall, we need to end up with a better approach to it and we need to expect the best from it. That will certainly allow you to do better.

Many people are fearing a drop, but you should not fear it, you should welcome it and embrace it and just take advantage of it. Remember, it's the falls at the price that allows us to buy cheaper and make a quicker profit when the price recovers.

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November 17, 2023, 10:41:43 PM
 #89

Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.

At this moment even I don't foresee any massive dump but it's time for those who have invested into Altcoins to be on the toes and trade with stop loss because we have noticed today was not a good day for altcoins as we have seen some drastic dump in similar manner of their pump. But, If Bitcoin manages to cross $45k by end of November  then we might have further price increase.









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November 17, 2023, 11:37:42 PM
 #90

Its not especially dangerous, profit taking sure but fear potential I dont see as especially justified.  My main reasoning quite basic is that Dollar Index is in decline since October start which helps reinforce alot of positive thinking possible and various scenarios.

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November 17, 2023, 11:49:53 PM
 #91

Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.
Totally agree. I think the crypto winter is already in the thawing stage, there is no reason to pump and dump bitcoin at this stage. Maybe many whales think independently, but I think the trend of holding bitcoin is very strong. And even if they want to devalue bitcoin, whales must consider the general market sentiment.

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November 18, 2023, 12:39:51 AM
 #92

There are some confusion that might make me a little doubtful about the development of Bitcoin prices and adoption in 2024

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
While you said that there are confusion yet there are comes the increase mate and yes
 week after you put this post here the market spikes and break 37k and still holding on that level things that seems
 to be opposite from what you tries to explains here. so basically this turns FUD for me.
Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.

At this moment even I don't foresee any massive dump but it's time for those who have invested into Altcoins to be on the toes and trade with stop loss because we have noticed today was not a good day for altcoins as we have seen some drastic dump in similar manner of their pump. But, If Bitcoin manages to cross $45k by end of November  then we might have further price increase.
But it gave me some doubt yesterday as the price starts to lower but you are correct there might
be no reason for dumping any time soon so either Bitcoin or altcoin what we are seeing to be important here is the market shows
strong hold in 30k area .

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November 18, 2023, 01:25:05 AM
 #93

I've been reading posts in this forum from ppl who aren't experts in cryptos or finances but they're asking ppl to buy because the price's going high. They shouldn't spread FOMO but they're doing it because they've already bought their own bitcoin so they're trying to get other ppl to fall in to FOMO.

FOMO will always find new people to attract and will always target those who do lack the patience , who lack discipline and like you said , the sensible traders. Well , it's true that most of the Bitcoin predictions weren't on point but personally I do remember some people actually making accurate prediction of what Bitcoin could do and what target it could reach during the next bull run. ( predicting Btc price is almost impossible but it's worth trying)

Regarding dump chances , I personally do not think we will see another dump in price before Bitcoin makes a sudden rise in price that will require a correction but until then , I cannot see Bitcoin going under 34k during this year and the next one as well. 

You could think that or they could simply be pointing out past surges which if we follow surely means an ath in late 2024 or early 2025.

The question is why are you being negative? Not why are they being positive.

What makes you think the pattern fails to repeat?

Mind you sometime this happens I am interested in why you think we crash soon and dont go to 42-45k by dec 31 this year.

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November 18, 2023, 08:31:01 AM
 #94

Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.
We are not yet in the real bull run, so I agree that it was still safe to buy, however I disagree with you when you say that " don't dream ". There is nothing wrong in dreaming anyway, even though most of it are only fictional. It only gives us a good feeling and also a motivation to improve the thing that we are currently doing.

Besides, the crypto market is highly unpredictable, so who knows? What if there is a massive pump that suddenly came in? We can also say that it may not happen this year but many believes that it will occur for real next year. After it, maybe we can experience a bear market again, because that's usually how this market works.

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November 18, 2023, 01:20:35 PM
 #95

Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.
Since we are seeing a long-term dump of all currencies including Bitcoin from 2021, a pump is more likely happen. If not pumped at this time it can stay in one position for quite some time but a major dump is unlikely. However, there is nothing to do if the market turns at any time. Generally if we consider ups and downs then current time is more likely to be bullish. We are almost at the end of this year and the market will be bullish rather than bearish as the Bitcoin halving takes place next year. Meanwhile, there is a kind of enthusiasm among the entire crypto community and institutional investors in the market is increasing, so we can say without a doubt that we are heading towards a strong bull market.

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November 18, 2023, 02:24:06 PM
 #96

Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.
Since we are seeing a long-term dump of all currencies including Bitcoin from 2021, a pump is more likely happen. If not pumped at this time it can stay in one position for quite some time but a major dump is unlikely. However, there is nothing to do if the market turns at any time. Generally if we consider ups and downs then current time is more likely to be bullish. We are almost at the end of this year and the market will be bullish rather than bearish as the Bitcoin halving takes place next year. Meanwhile, there is a kind of enthusiasm among the entire crypto community and institutional investors in the market is increasing, so we can say without a doubt that we are heading towards a strong bull market.
Throughout bitcoin's history, there have been halving cycles roughly every four years. If growth began in 2023, then the current cycle will be broken for one year. Therefore, it seems to me that the current bitcoin growth will not be complete and there will be a fall before the halving. But there could be an altseason.

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November 18, 2023, 03:07:26 PM
 #97

Throughout bitcoin's history, there have been halving cycles roughly every four years. If growth began in 2023, then the current cycle will be broken for one year. Therefore, it seems to me that the current bitcoin growth will not be complete and there will be a fall before the halving. But there could be an altseason.
The decline is certain, because every high increase there will be a significant decrease.
Those are signs of a healthy market, if it continues to rise without any decline it will be dangerous, and it is already in FOMO,
whoever tries to enter, he will fall behind.

Halving is a sign that the market trend is about to change, a new cycle is about to begin.

Whales will never stop looking for profit under any circumstances.
They will do a lot of manipulation so that they can get a cheaper price.
Follow the Whales and don't go against the created current.
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November 18, 2023, 03:42:13 PM
Merited by fillippone (1)
 #98

From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?

And that's the reality before our eyes. yes. Market and geopolitical factors are always linked and create volatility. I think the problem is just a few squares and indeed the issue of war has had a big impact on market expectations of course and I think investors will take a break and switch temporarily to assets that are considered more stable in facing global conflict situations. But my filing said that in the end Bitcoin was also what they chose later.

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November 18, 2023, 04:10:43 PM
 #99

Throughout bitcoin's history, there have been halving cycles roughly every four years. If growth began in 2023, then the current cycle will be broken for one year. Therefore, it seems to me that the current bitcoin growth will not be complete and there will be a fall before the halving. But there could be an altseason.
Are you by any means saying.that it will be an abnormally for the bull run to start from 2023? Could that mean that you are confirming that the recent rise in price could be a bull trap? Well, you must understand that nothing is fixed in the market. According to the four years cycle, the bull run is expected to start from 2025, a year after the halving. I'm very optimistic that this will not be the case this time. The market might be quite predictable but a lot of factors are already at play now. Bitcoin have gained huge popularity and interest even from.big capitals, so the bull run can start anytime there is sufficient financial injection into the market.
 
In my opinion, the recent move by the market is already an indication that the bull are present in the market. So I would expect much down side movement before the halving and beyond.

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November 18, 2023, 06:59:53 PM
 #100

-snip-
Throughout bitcoin's history, there have been halving cycles roughly every four years. If growth began in 2023, then the current cycle will be broken for one year. Therefore, it seems to me that the current bitcoin growth will not be complete and there will be a fall before the halving. But there could be an altseason.
It might be reasonable to say that 2023 is the year of bitcoin price recovery after experiencing a bearish year in 2022. Market recovery and rising capitalization have been ongoing throughout this year - but there is always a correction that is impossible to avoid.

Correction before the halving is possible - but consider it a normal part and not a problem. However I tend to expect bitcoin to break resistance above $40K by the end of the year allowing the trend to remain bullish until its latest ATH. Be optimistic about the future instead of placing more doubt on it - then don't let yourself think a correction is part of the problem that is bad for bitcoin and others.

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