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Author Topic: Market seems in correction mood  (Read 778 times)
bastian466
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June 07, 2024, 07:43:52 PM
 #61

That was natural OP cause now we can see these dumps are already recovered and altcoins already raised up alone with Bitcoin. So don't be panic or don't sell your share what you have hold for upcoming bull season.rather correction market provides opportunity to buy more altcoins with discount price. So you should follow it. And It is very normal for crypto insutry to pump and dump continuously. Its also provides opportunity for traders for DCA and making profit.
Market corrections give us the opportunity to increase the assets we own and can also be a starting point for short trades, so we have to be calm and be able to take advantage of the market situation, don't panic easily so that we avoid anxiety. I am trying to apply the current DCA method at the right time interval by utilizing price movements in the market to add assets

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June 07, 2024, 11:42:40 PM
 #62

That was natural OP cause now we can see these dumps are already recovered and altcoins already raised up alone with Bitcoin. So don't be panic or don't sell your share what you have hold for upcoming bull season.rather correction market provides opportunity to buy more altcoins with discount price. So you should follow it. And It is very normal for crypto insutry to pump and dump continuously. Its also provides opportunity for traders for DCA and making profit.
Market corrections give us the opportunity to increase the assets we own and can also be a starting point for short trades, so we have to be calm and be able to take advantage of the market situation, don't panic easily so that we avoid anxiety. I am trying to apply the current DCA method at the right time interval by utilizing price movements in the market to add assets

The OP might have been talking about a previous correction while we have seen another large one yesterday. So, it can be said that its normal to have some correction after a larger price hike. It prepares the base for another bull run creating large layers of resistance. It's bad for investors who are liquidated though. I got my Solana and Bome investment liquidated by a very moment of price crash.
If you have USD in hand, it's a good time to DCA and a good time to start a leverage trading. The crash don't guarantee a future price rise as there still could be another correction but the chances of that would be low.

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June 08, 2024, 10:12:51 AM
 #63

When the market goes down many traders get frustrated and sell the coins to the market at a loss. If you invest in the crypto market you have to remember that the market will correct. Going down indicates going up. That's why you have to wait without panicking and selling. During a bull run the market will go into correction.

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June 08, 2024, 01:21:51 PM
 #64

When the market goes down many traders get frustrated and sell the coins to the market at a loss. If you invest in the crypto market you have to remember that the market will correct. Going down indicates going up. That's why you have to wait without panicking and selling. During a bull run the market will go into correction.

Basic knowledge is required when doing a trade. Once the market has been dumped, it will eventually recover after bitcoin will have done with it. This is an old story that is always being repated anytime. Smart traders will always take advantage of this opportunity to buy at the lowest possible price, bitcoin may be facing another recovery again very soon. Im feeling if it will be back again later. I am confident that Bitcoin will rise again. The key issue now is whether Bitcoin will take some time to recover from its crash. Bitcoin has fucked us again.

This is also having a significant impact on the pricing of altcoins caused by mostly of altcoins were follwoing bitcoin. I'm still expecting bitcoin will come back soon. I have suffered a loss, but it is not significant given the opportunity provided by bitcoin to buy at the bottom. I am confident that this will increase again in the near future.
Things are really unpredictable these days following what bitcoin has done. Bitcoin raped us again, and it appears that market makers were eager to liquidate for an extended period of time. People must be arriving long after Bitcoin has completed its dump. Bitcoin is shit now lol. The shitshow is still happening may be till the next days.

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fullhdpixel
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June 15, 2024, 05:28:31 PM
 #65

When the market goes down many traders get frustrated and sell the coins to the market at a loss. If you invest in the crypto market you have to remember that the market will correct. Going down indicates going up. That's why you have to wait without panicking and selling. During a bull run the market will go into correction.
The first question that comes to mind is what do you call going down? From $1000, 2000, or around that going up or down is a common thing in a bull run if we are talking about Bitcoin but if the market goes down a lot then it can be said that the market is going down, and for that people who don't want to hold their money for a long time use stop-loss and those who want to invest well, should follow the DCA method and only panic sellers sell when the market goes down.

Losses are taken because the market movement is trivial. The most important thing is to stay in the crypto market and profit from trading requires patience and tolerance. If your purchased coin has gone to a loss, you should see if it has the potential to go up again and hold, if you think there is no hope, sell and use the funds for trading.

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June 16, 2024, 10:19:17 AM
 #66

When the market goes down many traders get frustrated and sell the coins to the market at a loss.
I'd not call them as traders to be honest, They being called as panic sellers instead of traders. Traders will always be using the dump as an opportunity to buy more at the bottom. This will be also helping a lot. There will always be a recovery phase after a huge dump by bitcoin.
Things are not so easy for bitcoin at this moment considering that it's always getting rejected after bitcoin is only one step away to break the resistance. This is the main problem owned by so many traders at this moment.
Many of traders have weak mentality and they can't become diamond hand once they


If you invest in the crypto market you have to remember that the market will correct. Going down indicates going up. That's why you have to wait without panicking and selling. During a bull run the market will go into correction.
Just always use the recovery time as a momentum to sell our tokens. I got decent profit from bought IO @ 4,7. it's not above 5.5 and it was going up only in a few days of wait. Im feeling so damn good with the future of IO.
The correction is always happening, it's not only when we are in the bullish market. People must be fully preparing their strategy in order to keep survive. Sometimes, the whales can also eat you.

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June 21, 2024, 05:19:07 AM
 #67

Actully the current correction in the crypto market, where altcoins and Bitcoin have seen a significant drop of 15% to 40%, can be attributed to multiple factors. Market corrections are natural after substantial gains, as investors often take profits, leading to temporary dips. moreover, the anticipation of Bitcoin halving next week could be causing volatility, as traders speculate on future price movements. Geopolitical events, such as the Iran-Israel conflict, might also be contributing to market instability, as uncertainty typically drives investors to safer assets. Overall, a combination of these factors is likely influencing the current market downturn.






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June 21, 2024, 06:39:01 PM
 #68

Actully the current correction in the crypto market, where altcoins and Bitcoin have seen a significant drop of 15% to 40%, can be attributed to multiple factors. Market corrections are natural after substantial gains, as investors often take profits, leading to temporary dips. moreover, the anticipation of Bitcoin halving next week could be causing volatility, as traders speculate on future price movements. Geopolitical events, such as the Iran-Israel conflict, might also be contributing to market instability, as uncertainty typically drives investors to safer assets. Overall, a combination of these factors is likely influencing the current market downturn.

The crazier part is that the influencers are still making it like this is just a dip and so they keep telling thier audience there is a signal to pump. The audiences though hare not believe this is a correction that will dip below $60k. But if I am to look at it in the longer time frame, I think it will actually. Maybe even below $50k if my speculation comes true.
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June 22, 2024, 06:40:23 AM
 #69

Actully the current correction in the crypto market, where altcoins and Bitcoin have seen a significant drop of 15% to 40%, can be attributed to multiple factors. Market corrections are natural after substantial gains, as investors often take profits, leading to temporary dips. moreover, the anticipation of Bitcoin halving next week could be causing volatility, as traders speculate on future price movements. Geopolitical events, such as the Iran-Israel conflict, might also be contributing to market instability, as uncertainty typically drives investors to safer assets. Overall, a combination of these factors is likely influencing the current market downturn.



If the price drop for the bitcoin is happen,the same will be reflected in the altcoin market.So it was essentially important for the traders to use this volatility to invest at the right price.If the trader use the market volatility to inverse their money,surely they will make some good profit from that coin.Choosing of potential coin will help the traders to get away from the loss their investment.The market correction will occur after the bull market,because the price will increase to maximum at the bull run will get auto correction after the bull run in the market.



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June 22, 2024, 10:49:33 AM
 #70

Actully the current correction in the crypto market, where altcoins and Bitcoin have seen a significant drop of 15% to 40%, can be attributed to multiple factors. Market corrections are natural after substantial gains, as investors often take profits, leading to temporary dips. moreover, the anticipation of Bitcoin halving next week could be causing volatility, as traders speculate on future price movements. Geopolitical events, such as the Iran-Israel conflict, might also be contributing to market instability, as uncertainty typically drives investors to safer assets. Overall, a combination of these factors is likely influencing the current market downturn.

The crazier part is that the influencers are still making it like this is just a dip and so they keep telling thier audience there is a signal to pump. The audiences though hare not believe this is a correction that will dip below $60k. But if I am to look at it in the longer time frame, I think it will actually. Maybe even below $50k if my speculation comes true.

Why are you so surprised by it? That's how influencers made their money by duping the people who saw them as role models, and yes, the stupid people who were constantly duped by influences must also be blamed.
The craziest thing is that people are completely unaware of this, and they continue to follow any orders from their favorite influencers; However, there may still be some legit influencers who did not deceive their followers. In the end, retail investors will always fall victim to crazy influences and whales.

Bitcoin price movement is difficult to predict, but I believe it will fluctuate between $66k and $60k. Again, be cautious. Finally, stable token holders can take advantage of Bitcoin's bearish trend.

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June 23, 2024, 09:12:35 AM
 #71

The crazier part is that the influencers are still making it like this is just a dip and so they keep telling thier audience there is a signal to pump. The audiences though hare not believe this is a correction that will dip below $60k. But if I am to look at it in the longer time frame, I think it will actually. Maybe even below $50k if my speculation comes true.
Some of them has reasonable opinion though, it might be a bear trap but it can be other thing, market is full of uncertainty, granted that there will be no economic turbulence anymore price probably gonna recover.

we should also learn that past bearish also don't come out of nowhere, there's always narrative that could either causes bullish or bearish, the ETF narrative helps cause bullish, but the collapse of FTX back then where it caused people to fall victims losing majority of their asset which hopefully gonna gets credited to them back again eventually also the cause of bearish. so far there's still no narrative for sudden massive bearish. so hopefully this bearish won't last long.

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June 27, 2024, 09:37:30 AM
 #72

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

There is an economic crisis not only in Iran but also in the whole world, where there is an economic crisis there will definitely be an impact on cryptocurrencies. But there is another reason for Bitcoin to touch a bull market, a bear market must be overcome. A bear market is currently in place as a bull market awaits in 2025.
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June 27, 2024, 06:16:02 PM
 #73

The crazier part is that the influencers are still making it like this is just a dip and so they keep telling thier audience there is a signal to pump. The audiences though hare not believe this is a correction that will dip below $60k. But if I am to look at it in the longer time frame, I think it will actually. Maybe even below $50k if my speculation comes true.
Some of them has reasonable opinion though, it might be a bear trap but it can be other thing, market is full of uncertainty, granted that there will be no economic turbulence anymore price probably gonna recover.

we should also learn that past bearish also don't come out of nowhere, there's always narrative that could either causes bullish or bearish, the ETF narrative helps cause bullish, but the collapse of FTX back then where it caused people to fall victims losing majority of their asset which hopefully gonna gets credited to them back again eventually also the cause of bearish. so far there's still no narrative for sudden massive bearish. so hopefully this bearish won't last long.
Bear trap or not, there's no way that you could really be able to predict 100% precision on where price could go but somehow with the help with those technical analysis then you could really be able to make yourself having that kind of approach when it comes to know on what are those probabilities that it could neither be a bear trap or not. There's no way to identity whether it would really be getting in line with those predictions or analysis or would really be that going into the other path or ways on which we know that when it comes to probability of sudden news and sentiments could really be there on which it is really that hard on having this kind of conclusions anytime we do tend to make some entry or exits on which just like always where market is really that unpredictable.

There's no way that we could be able to tell on where it would be going and this is why every decisions to be made will really be just that depending or basing up into your own
analysis and skills that you do have on how to deal up with this volatile space. Outcomes and results will really be that vary on every decisions or actions to be made on.

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