Dump market potential?

[taufik123]

-snip-
we don't need to be influenced by negative news which is not necessarily true because it could be that the news maker also wants to buy Bitcoin at low prices, so they try to create chaos through the news so that everyone panics and tries to release the Bitcoins that many people already own.

This is an experiment of manipulation that will make the price cheaper.
Even though the bad news that is spread is old news that is raised again to affect the crypto market.

As in the ETF acceptance hoax, news spread by Cointelegraph.
Although they are media, they have high credibility, but they can't filter the news well and make the market volatile.

But it was Hoax news that made the price of Bitcoin rise, but in the end it dropped to its original price because it was known that the news was not true.

[1715544474]

1715544474

[adultcrypto]

Dips or dumps shouldn't affect long term investors but FOMO's the biggest issue ppl face in the forum. If you're going to hodl it doesn't guarantee you profits. How do ppl feel who've made their buying at $60k it's been years they haven't made profits. Bitcoin hasn't been near ATH so ppl made losses if they didn't hodl.

If ppl avoid FOMO they'll have good feelings before investing. There isn't guaranteed way to make profit they've got to remember it.

It is expected that anyone getting involved in Bitcoin must have the ability to do basic research to at least know a little for themselves about Bitcoin and its history. I can assure you that a little inquiry will easily show why it is not wise to buy around the peak. Unfortunately, a lot of people buy just the hype and those are the people trapped.

The hardest thing to do for those not using the DCA method is knowing the entry point that will not be too high. This is because you don't know where will really be the peak, this is why those who bought around $60k might be thinking price was going to $100k and so on, without knowing that the market has already hit a brick wall.

If you buy at a very good price and never the peak, you will surely be in profit eventually. This comes with knowing the right time and price to buy. But I seem to favour the DCA method that does not require bordering about the price.

[philipma1957]

There are some confusion that might make me a little doubtful about the development of Bitcoin prices and adoption in 2024, which we all know that we will face Halving Bitcoin as well as the ETF agreement which is the most powerful indicator in encouraging Bitcoin prices, so that many people are speculating and accused The nominal is quite fantastic in Bitcoin in the last 2 years of the current cycle.

There is a dilemma that disturbs my mind, about the wider potential of war in the region of Palestine, we witness the reactions of various countries at the end of this week in the area, and show the great power of the eastern and western blocs, which we know that America and Friends said firmly that they became a strong supporter of Israel's annexation to the Palestinian region. Conversely Russia, North Korea and neighboring Palestinians, Turkey, Afghanistan, Iran and others support Palestinian independence and are ready to be behind Palestinian troops, which all makes conflict and political tension of the power of the world's major blocks that might trigger a big war to occur if did not find a meeting point in this conflict.

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?

You may be correct as the various governments of the world are attacking mixers quite hard. They may have some other moves going.

[arabspaceship123]

Bitcoin buyers are expected to do basic research to understand why it isn't wise to invest around the peak but some ppl aren't aware. They'll buy without knowing crypto. DCA's popular with newbies or investors with less cash on invest. It allows ppl to stack sats without breaking the bank or fund buys from savings in the bank.

Dips or dumps shouldn't affect long term investors but FOMO's the biggest issue ppl face in the forum. If you're going to hodl it doesn't guarantee you profits. How do ppl feel who've made their buying at $60k it's been years they haven't made profits. Bitcoin hasn't been near ATH so ppl made losses if they didn't hodl.

If ppl avoid FOMO they'll have good feelings before investing. There isn't guaranteed way to make profit they've got to remember it.

It is expected that anyone getting involved in Bitcoin must have the ability to do basic research to at least know a little for themselves about Bitcoin and its history. I can assure you that a little inquiry will easily show why it is not wise to buy around the peak. Unfortunately, a lot of people buy just the hype and those are the people trapped.

The hardest thing to do for those not using the DCA method is knowing the entry point that will not be too high. This is because you don't know where will really be the peak, this is why those who bought around $60k might be thinking price was going to $100k and so on, without knowing that the market has already hit a brick wall.