Be Prepared for the big dump

[Falcon]

The dump is now in actual momentum all cryptos are in red. I see the market red again after many days of green. After this short time bearish the next thing to happen is pumping again. We know crypto is volatile. Once Bitcoin goes to increase, all may be in green. Once Bitcoin swing to red, may be all are in red. Decline and increase is not surprising in cryptocurrency world.

[Freemind]

I don't think I have to prepare, what is happening now I have seen many times over the years, it may surprise or scare new users. And I'm not worried about the market going down either, it's something that had to happen. At these times is when you have to take positions to know in which currency/token to invest for the future, and also wait patiently, who knows, maybe the market will rise again sooner than we imagine.

[GREENch85]

One of the likely reasons for today's dump is a rumor that the US Treasury is planning to charge several large banks with money laundering through crypto. The most funny thing is that no one has confirmed these rumors yet, it can be a throw-in, crypto is actively bought off from bottom

[Freemind]

One of the likely reasons for today's dump is a rumor that the US Treasury is planning to charge several large banks with money laundering through crypto. The most funny thing is that no one has confirmed these rumors yet, it can be a throw-in, crypto is actively bought off from bottom

FUD, as always. And normally the people, companies or institutions that create this FUD are the same ones who want Bitcoin to go down in price so that they can buy cheaper. They have been doing the same thing for many years, rumor = FUD = dump, when everyone realizes that these rumors are false, FOMO = pump.

[iloveyobit]

The dump is now in actual momentum all cryptos are in red. I see the market red again after many days of green. After this short time bearish the next thing to happen is pumping again. We know crypto is volatile. Once Bitcoin goes to increase, all may be in green. Once Bitcoin swing to red, may be all are in red. Decline and increase is not surprising in cryptocurrency world.

you cant know,in 2017 also we was expecting bitcoin to bounce back and to continue rising but the opposite is exactly what happend and no one expected it so thats, why most of the traders had huge, loses in that moment,same thing today.

[Ferki]

The dump is now in actual momentum all cryptos are in red. I see the market red again after many days of green. After this short time bearish the next thing to happen is pumping again. We know crypto is volatile. Once Bitcoin goes to increase, all may be in green. Once Bitcoin swing to red, may be all are in red. Decline and increase is not surprising in cryptocurrency world.

you cant know,in 2017 also we was expecting bitcoin to bounce back and to continue rising but the opposite is exactly what happend and no one expected it so thats, why most of the traders had huge, loses in that moment,same thing today.

If you mean by losing Bitcoin, nobody lost anything until they sold it. I know it sounds a bit arrogant and shitty but that's the truth. Those who have thought for 2-5 years and not too short-term have become rich. Even if the 2018 crash were to happen again, do you believe the Bitcoin and also many Altcoins will die?
I will keep a lot of my investments in crypto for now. HODL.
And always buy more on such occasions as today 

[pelana vreo]

I think Bitcoin and altcoins are currently undergoing a correction and will pump.
I don't expect the market to continue to be red because many buyers who want this to happen, panic and sell coins, so there will be many people selling out of fear of losing, right now I only buy a few coins for me to keep before the crypto market recovers and I will make a profit.

[robert20]

Yes i am also seeing that there could be a chance of big dump in crypto market. So everyone should be prepared for it soon. Because in 2017 i know many people who had almost millions dollar in their wallet but then it dropped to only thousand in front of their eyes so everyone should book some of their profit.

[Freemind]

I can be wrong, of course, but at the moment what is happening does not seem like a big dump. It seems like a small correction, but that will be determined in a few more hours. Money moves in and out of global capitalization very quickly, but a few minutes later it rises again quickly.I don't know how far the whales are going to take the game.

[WWW1959]

I can be wrong, of course, but at the moment what is happening does not seem like a big dump. It seems like a small correction, but that will be determined in a few more hours. Money moves in and out of global capitalization very quickly, but a few minutes later it rises again quickly.I don't know how far the whales are going to take the game.

I also think that this is not a big collapse, but a market correction. There is still a growing trend on one-day candles and the market is already starting to trade and further growth. When the trend changes on one-day candles, then we can talk about a fall.

[Vladok]

I can be wrong, of course, but at the moment what is happening does not seem like a big dump. It seems like a small correction, but that will be determined in a few more hours. Money moves in and out of global capitalization very quickly, but a few minutes later it rises again quickly.I don't know how far the whales are going to take the game.

I also think that this is not a big collapse, but a market correction. There is still a growing trend on one-day candles and the market is already starting to trade and further growth. When the trend changes on one-day candles, then we can talk about a fall.

Yes, I also think that this is just a correction and it will not last long, and now people have started to panic, although the same bitcoin fell only 8 thousand dollars, which is not so much

[Octoalts]

I have not traded for several days and have not seen any development in the price of Crypto Coins, Bitcoin and other Altcoins.  It turns out that almost all of them have experienced a decline in prices. Of course this is surprising to me but I hope that this is not a big decline but only a correction and then the price will rise again.

[debra]

I am super ready for that but where it will end or start. However at least before dump, I have got taken my profits and then buy more again when the price is in the market correction

[Sammy9ce]

Hi guys, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?

You were right mate, there was a huge dump incoming I just hope you changed your crypto to stablecoins before the dump yesterday, this might be a brief correction but it's scary how bitcoin dumped from 60k to 50k in one night, about $5 billion was liquidated yesterday throughout the entire crypto market, this is why stop loss is needed in every trade because I woke up to see everything bearish.

[Freemind]

You were right mate, there was a huge dump incoming I just hope you changed your crypto to stablecoins before the dump yesterday, this might be a brief correction but it's scary how bitcoin dumped from 60k to 50k in one night, about $5 billion was liquidated yesterday throughout the entire crypto market, this is why stop loss is needed in every trade because I woke up to see everything bearish.

I think my eyes are still fine and I see clearly, where is that huge dump?. Because I don't see it anywhere, what happened yesterday was a correction, nothing more. We cannot be afraid every time the market receives corrections, otherwise we could not even breathe easy. Corrections are always necessary for the market to cool down a bit and the money can keep flowing.