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Author Topic: Market seems in correction mood  (Read 491 times)
rodskee
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May 18, 2024, 05:44:31 AM
 #41

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time.
is it EXPECT ? and not except ?

and there are no continues increase in anything mate not even in all investment in the world,
but bitcoin is always better to look in so many ways even in the future.

Quote
It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility  
lol we can only predict one thing and that is the increase from the Halving effect at least in
the next coming months.

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May 18, 2024, 06:52:25 PM
 #42

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility  

Managing money has been the pain area for most of the users including those who have earned a fortune during bull run as I have seen my friend and even I have made those mistake wherein we were unable to plan out investment and strategy properly and end up losing it all until recently I figured out DCA as the best option. We need to come out of zone that we can predict the market like if it's in correction phase, pump or dump and rather have planned strategy for all the market situation.









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May 21, 2024, 11:29:19 PM
 #43

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility 

Managing money has been the pain area for most of the users including those who have earned a fortune during bull run as I have seen my friend and even I have made those mistake wherein we were unable to plan out investment and strategy properly and end up losing it all until recently I figured out DCA as the best option. We need to come out of zone that we can predict the market like if it's in correction phase, pump or dump and rather have planned strategy for all the market situation.

It will take your experience to come up with this realization as you already saw what happened with your initial strategies. Also, as this market is very diverse, there is no single strategy that would work for various projects. Each project is unique, hence, you need to consider every aspect of its development. This is actually tedious as you will consume so much effort and time studying their possibilities. Hence, if you have no ample time, better stick to one or couple of alts to avoid too much stress from this market.

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May 22, 2024, 01:19:02 AM
 #44

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility  

Managing money has been the pain area for most of the users including those who have earned a fortune during bull run as I have seen my friend and even I have made those mistake wherein we were unable to plan out investment and strategy properly and end up losing it all until recently I figured out DCA as the best option. We need to come out of zone that we can predict the market like if it's in correction phase, pump or dump and rather have planned strategy for all the market situation.
DCA is great for people that have steady income overtime they simply just DCA their capital into bitcoin and they are profitable already but its always the game of time.
predicting the market works wonder in the favour of us venturing to get more profit than usually by risking the safety which is what most of people afraid of when investing but yes.
its always nice to have peace of mind to DCA rather than keep predicting the market if our prediction turn out not so accurate anyway.
personally i will stick with both, just for the sake of getting that additional profit since i don't really have the luxury of waiting until the price reached target sometime.
its just overall matters of what we prioritized the most.

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May 22, 2024, 06:07:33 AM
 #45

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
It was just speculations, that war has no huge impact with the corrections of market price. We need to consider demand and other factors that arises randomly. As we experience fluctuations, the downtrend gives us the opportunity to initiate an entry for every investment. Let's see how this current pump affects our holdings, stay positive and stay firm on decision making.

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May 22, 2024, 06:06:20 PM
 #46

DCA is great for people that have steady income overtime they simply just DCA their capital into bitcoin and they are profitable already but its always the game of time.
predicting the market works wonder in the favour of us venturing to get more profit than usually by risking the safety which is what most of people afraid of when investing but yes.
its always nice to have peace of mind to DCA rather than keep predicting the market if our prediction turn out not so accurate anyway.
personally i will stick with both, just for the sake of getting that additional profit since i don't really have the luxury of waiting until the price reached target sometime.
its just overall matters of what we prioritized the most.
At the end each person needs to select the strategy that works for them, I dedicated a great deal of my time to study the markets to become a trader, but even if a I have a solid strategy I realized early on that I simply do not have the right characteristics to become a good trader, so I made the transition to become an investor and I have been doing well since then, so even if the success I am looking for is taking longer than what it could have taken as a trader, at least I know that given enough time I will reach my goals.
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May 23, 2024, 06:24:35 AM
 #47

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time.
is it EXPECT ? and not except ?

and there are no continues increase in anything mate not even in all investment in the world,
but bitcoin is always better to look in so many ways even in the future.

Yes. of course, and where there is crypto, it continues to rise and there is no correction. BTC alone is the purest and also does not escape market fluctuations.

Well, at first glance, corrections are normal, but they have a very mental impact if we happen to buy them not during corrections, when the price is hyped, that's why many people are thinking about seeing the estimated value of their assets continuing to decrease and on the other hand, it also takes a fair amount of time to get back to the original price.

It's important to keep your emotions in check here if it doesn't destroy your investment and end up with a loss.



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May 24, 2024, 12:02:34 PM
 #48

At the start of the year, Bitcoin hit new highs, breaking past records centered on Bitcoin ETFs. A lot of alt coins pumped a lot, Solana coin in particular has increased in value more than I imagined. Bitcoin halving is only a few days away and the correction may have already started, the market has been very bearish in the last 24 hours. Current market conditions do not seem to me to be focused on a single country attack. I think it's the Bitcoin halving that's creating such a frenzy in the market.
As Bitcoin increases, other altcoins also increase in price, especially Ethereum and Solana, which have increased the most with Bitcoin's price this time. But the market has to accept that there has been a lot of correction compared to before, especially compared to the highest price of Bitcoin in 2021, this time Bitcoin has exceeded 73 thousand dollars. However, if Bitcoin exceeds 100k dollars, the price of other altcoins will also correct.

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May 24, 2024, 04:14:21 PM
 #49

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
It was just speculations, that war has no huge impact with the corrections of market price. We need to consider demand and other factors that arises randomly. As we experience fluctuations, the downtrend gives us the opportunity to initiate an entry for every investment. Let's see how this current pump affects our holdings, stay positive and stay firm on decision making.

Speculation means a lot of of for traders who are seeking insight for experienced traders and what people think will happen in the future. I would say that it is part of the market cycle and it is normal to go up and down and it is up for the trader when they will take advantage of the market and it is a matter of time.

And today's market, we don't know what will happen next but there is speculation that bitcoin might dip which is a good time to buy.

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May 25, 2024, 05:46:56 AM
 #50

A ton of alt coins siphoned a ton, Solana coin specifically has expanded in esteem more than I envisioned. Bitcoin dividing is a couple of days away and the rectification might have proactively begun. I figure we ought to be hopeful that the cost about to moves up again after the splitting happened considerably more so when ETF some way or another got supported then its will be enormous for ethereum and perhaps might make the market bullish and as the outcome bitcoin additionally scales by the day's end.
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May 27, 2024, 11:44:08 AM
 #51

This is a normal thing that happens when market prices decline as a way to rise bigger, we can see what happened in the previous year, the market always fluctuates actively at any time when prices dump, it is not a reason that there is the influence of conflict in a particular country. So a market correction will create new opportunities for us to trade existing coins.

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May 27, 2024, 02:01:32 PM
 #52

What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

Why temporary issue war is always a scourge for the crypto market. I don't think it will have an effect until BTC corrects by 50% because of the war. For me, it's just an issue of costs and investors are more likely to look at market developments to see if there is any information regarding interest rates, inflation rates or the approval of a new ETF after BTC and ETH. For my own correction, I think it's quite normal at the moment.


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kbhutto
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May 28, 2024, 06:58:49 AM
 #53

The market is in a dump condition, is this really a correction that occurred after Bitcoin reached a new ATH, with lots of news about there being a big wave in the next few months with a correction like this, be more confident in buying coins now, there is hope of getting big profits getting closer. I took this opportunity to save some coins which I think are worthy of long term investment while waiting for the big wave to occur.

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May 30, 2024, 07:32:30 PM
 #54

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.

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May 30, 2024, 08:41:55 PM
 #55

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.
If we do speak about market conditions then consolidation period or moving sideways is one of the common scenario that we do able to experience in the market same goes with those correction and pumping condition.

This is why majority of us would really be trying out to catch up whether to DCA or would be securing our profits or would really be waiting up for the right entry on which we would really be basing up ourselves
depending on the market condition on which this would really be just that a common approach that we would really be doing. It is really just that outcomes and results will really be that depending on how well we do make out some decisions on which we know that this is something that we will really be that also be in random.

Speculations would normally be floating around on which it would really be that normal. Get yourself get used to market conditions on which as the moment you would really be
able to have that kind of experience towards the market then you would really be knowing on what are the next steps that you would be making on which it would really be
just that a normal approach to have.

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