Beginning of the Dumping Market?

[Rubel007]

Everything will happen, friend, you need patience, you are not alone in being trapped in altcoins, there are many who are the same as you, the rest of 2021 is still there in my wallet, whether they will experience an increase or will disappear forever

Yes, that's how it is when we buy altcoins, everything will have the risk of getting stuck at high prices and sometimes it will make us feel depressed because the price won't go up, what I'm most afraid of is when they replace a new product or you could say Re-Branding, and we If you don't know or miss out on this information, it will make our assets worthless.

In 2021 and before that I have seen some projects that have made investors' assets worthless by promising new brand. It's annoying and worrying. Because the number of projects in the cryptocurrency market is very high. It is never known when a project rebrands. I have lost tokens from several projects without being able to fulfill their swap requirements or contact them on time. But it seems to me that all those who used to do this kind of work are not legit. Some scam schemes out there developed a strategy to cheat investors and steal money. Rebanding is truly dangerous. In case of any such fraud, the investor will lose his assets.

[legend45]

In 2021 and before that I have seen some projects that have made investors' assets worthless by promising new brand. It's annoying and worrying. Because the number of projects in the cryptocurrency market is very high. It is never known when a project rebrands. I have lost tokens from several projects without being able to fulfill their swap requirements or contact them on time. But it seems to me that all those who used to do this kind of work are not legit. Some scam schemes out there developed a strategy to cheat investors and steal money. Rebanding is truly dangerous. In case of any such fraud, the investor will lose his assets.

Yes, we must always be careful when investing, especially investing in new projects that are not top coins, it is very risky because there are many scammers there.
Pum and dump in crypto currency is normal, it will always happen. And stay calm, don't panic

[Jamal Aezaz]

Yes, we must always be careful when investing, especially investing in new projects that are not top coins, it is very risky because there are many scammers there.
Pum and dump in crypto currency is normal, it will always happen. And stay calm, don't panic

If a person identify carefully that how to choose project and which characteristics should be considered prior to investment then he will not regret through investment in scam project.

Not every new project is scam but some of them are scam due to which it has impacted the success of every new project and people are afraid of choosing new project. I think if you find out the information then your fear will be reduce and you will not be doubtful about your investment.

[Gladitorcomeback]

That was just a correction and now we're back to $70k. I don't know how long we have to wait for us to see and be back at $73k and more again. But this time, bitcoin has been consistently showing how resilient it is and that's a good sign that even many are expecting for it to have some drawbacks and dumps along its way to halving. Maybe, it was already done with that process and we just have to wait for some big moves.

Do you think there won't be any more corrections before the bull run starts at its full pace? I don't think that way. The halving event is just around the corner, and I'm expecting another correction before or near the halving event or maybe even after it because we know that the bull run doesn't start right after the halving and it takes about a few months before the prices start moving up even though the pattern of the cycle has been a bit different this time, I'm still optimistic for a little drop.

If there are no drops, the all-time high this time around will be higher than what most people are expecting, but if there is a correction, then it will take some more time for recovering from the dip.

[rizqillah]

Some are taking profits at this point, because to be honest, the latest ATH this time really made Bitcoin a little over bought... if you look at the current market sentiment, then this correction will actually draw a chart that matches the previous halving moment... at least BTC won't cross below $60k again until the end of the year.

Stay safe and wait for the halving moment to arrive in time.

Yes, we are waiting for the Bitcoin halving to find out what price Bitcoin will be at during the halving, so that we can analyze and predict approximately what top ATH Bitcoin will reach this season. I agree with you, Bitcoin is unlikely to go below $60K this year and after the halving it is possible the figure will reach above $80K.

[DabsPoorVersion]

Some are taking profits at this point, because to be honest, the latest ATH this time really made Bitcoin a little over bought... if you look at the current market sentiment, then this correction will actually draw a chart that matches the previous halving moment... at least BTC won't cross below $60k again until the end of the year.

Stay safe and wait for the halving moment to arrive in time.

Yes, we are waiting for the Bitcoin halving to find out what price Bitcoin will be at during the halving, so that we can analyze and predict approximately what top ATH Bitcoin will reach this season. I agree with you, Bitcoin is unlikely to go below $60K this year and after the halving it is possible the figure will reach above $80K.

On the upcoming halving, there's no way for us to find out what would be the price of Bitcoin. Meaning, we can't analyze or even predict the next all-time high of Bitcoin. The halving effect will take a lot of time, it needs months or might even need a year, not exactly on the day of Bitcoin halving.

The only thing we can do is watch, accumulate more Bitcoin, and buckle up for the next rally that we will witness sooner or later.

[Crypto Library]

On the upcoming halving, there's no way for us to find out what would be the price of Bitcoin. Meaning, we can't analyze or even predict the next all-time high of Bitcoin. The halving effect will take a lot of time, it needs months or might even need a year, not exactly on the day of Bitcoin halving.

The only thing we can do is watch, accumulate more Bitcoin, and buckle up for the next rally that we will witness sooner or later.

I gonna agree with you on this point that that bitcoin halving will be started after less than 10days, But it doesn't mean that after 10days the halving started bitcoin price will be skyrocketing or something like this. Because if we check the previous halving record before and after then we will see that bitcoin make huge pump or go into bull-run after around 1years. But I would also like to say that we can see some differences in this time because this time bitcoin market broke it's previous records like it already broke it's all-time high price before the halving started. But we may see some corrections when the halving starting and as well as we can see the bitcoin price under the 60k.

[rizqillah]

On the upcoming halving, there's no way for us to find out what would be the price of Bitcoin. Meaning, we can't analyze or even predict the next all-time high of Bitcoin. The halving effect will take a lot of time, it needs months or might even need a year, not exactly on the day of Bitcoin halving.

The only thing we can do is watch, accumulate more Bitcoin, and buckle up for the next rally that we will witness sooner or later.

I gonna agree with you on this point that that bitcoin halving will be started after less than 10days, But it doesn't mean that after 10days the halving started bitcoin price will be skyrocketing or something like this. Because if we check the previous halving record before and after then we will see that bitcoin make huge pump or go into bull-run after around 1years. But I would also like to say that we can see some differences in this time because this time bitcoin market broke it's previous records like it already broke it's all-time high price before the halving started. But we may see some corrections when the halving starting and as well as we can see the bitcoin price under the 60k.

You are right, we will see a correction during the halving, the price of bitcoin will drop during the halving to be able to analyze and predict bitcoin's ability to touch ATH next year. because the halving will be one of the determining factors in our steps to determine the selling target.

[Agbe]

Some are taking profits at this point, because to be honest, the latest ATH this time really made Bitcoin a little over bought... if you look at the current market sentiment, then this correction will actually draw a chart that matches the previous halving moment... at least BTC won't cross below $60k again until the end of the year.

Stay safe and wait for the halving moment to arrive in time.

Yes, we are waiting for the Bitcoin halving to find out what price Bitcoin will be at during the halving, so that we can analyze and predict approximately what top ATH Bitcoin will reach this season. I agree with you, Bitcoin is unlikely to go below $60K this year and after the halving it is possible the figure will reach above $80K.

On the upcoming halving, there's no way for us to find out what would be the price of Bitcoin. Meaning, we can't analyze or even predict the next all-time high of Bitcoin. The halving effect will take a lot of time, it needs months or might even need a year, not exactly on the day of Bitcoin halving.

The only thing we can do is watch, accumulate more Bitcoin, and buckle up for the next rally that we will witness sooner or later.

Bitcoin correction has been on ground for sometimes and after the halving then the highest All Time High will hit the market. And halving is at the corner and in the halving price of bitcoin will be at the range of $55k to $60k and that is my prediction of the halving and after the halving and when bitcoin will enter into his real all time high then it will hit the general prediction of $100k to $150k. I think this halving will be an another opportunity for many to invest in it. Therefore anyone that wants to refill the wallet should prepare for that.

[Aanuoluwatofunmi]

With what we already had this time, we are not going to see any of the dumping market anytime sooner because we are already on the bull season, this is how we have seen the season to always appears on each particular timing for bitcoin circles, so as for many that will be investing, we should expect more of bull than the bear, between now and the end of the year, the market remains bullish.

[ScamViruS]

With what we already had this time, we are not going to see any of the dumping market anytime sooner because we are already on the bull season, this is how we have seen the season to always appears on each particular timing for bitcoin circles, so as for many that will be investing, we should expect more of bull than the bear, between now and the end of the year, the market remains bullish.

This is why I am afraid. Everyone is saying we are in a bull season and everyone is bullish on Bitcoin, and this situation indicates that the market will definitely react here and it may even go in the opposite direction. Bitcoin halving is also approaching, we may see a volatility in the market after the halving is near or after the halving. So we now have to prepare for both options, who knows how the market will react in the short term.

[bettercrypto]

In 2021 and before that I have seen some projects that have made investors' assets worthless by promising new brand. It's annoying and worrying. Because the number of projects in the cryptocurrency market is very high. It is never known when a project rebrands. I have lost tokens from several projects without being able to fulfill their swap requirements or contact them on time. But it seems to me that all those who used to do this kind of work are not legit. Some scam schemes out there developed a strategy to cheat investors and steal money. Rebanding is truly dangerous. In case of any such fraud, the investor will lose his assets.

Yes, we must always be careful when investing, especially investing in new projects that are not top coins, it is very risky because there are many scammers there.
Pum and dump in crypto currency is normal, it will always happen. And stay calm, don't panic

That's why we always say, Invest at your own risk, because we are not sure if our capital will double or not in the future. And also because the market is volatile in cryptocurrencies, we do trading activity most of the time.

But with what is happening now with the Bitcoin price, everyone is only playing with 68–70k, which is why the other cryptocurrencies have also dropped their prices a little bit. If you look at it, it seems like they are just waiting for what can be done. bitcoin market action.

[DabsPoorVersion]

On the upcoming halving, there's no way for us to find out what would be the price of Bitcoin. Meaning, we can't analyze or even predict the next all-time high of Bitcoin. The halving effect will take a lot of time, it needs months or might even need a year, not exactly on the day of Bitcoin halving.

The only thing we can do is watch, accumulate more Bitcoin, and buckle up for the next rally that we will witness sooner or later.

I gonna agree with you on this point that that bitcoin halving will be started after less than 10days, But it doesn't mean that after 10days the halving started bitcoin price will be skyrocketing or something like this. Because if we check the previous halving record before and after then we will see that bitcoin make huge pump or go into bull-run after around 1years. But I would also like to say that we can see some differences in this time because this time bitcoin market broke it's previous records like it already broke it's all-time high price before the halving started. But we may see some corrections when the halving starting and as well as we can see the bitcoin price under the 60k.

You are right, we will see a correction during the halving, the price of bitcoin will drop during the halving to be able to analyze and predict bitcoin's ability to touch ATH next year. because the halving will be one of the determining factors in our steps to determine the selling target.

Having correction is also not a guaranteed event on the halving day. It's possible, or it might not be possible. Just like in the previous bull run, where this is the only time, I have taken the time to observe the bull happening on the day it will happen. To tell you the truth, I was disappointed during that time because it was not what I expected. Nothing special happened, but the result of the halving was really outstanding which we have witnessed after taking effect of the halving.

[Fivestar4everMVP]

With what we already had this time, we are not going to see any of the dumping market anytime sooner because we are already on the bull season, this is how we have seen the season to always appears on each particular timing for bitcoin circles, so as for many that will be investing, we should expect more of bull than the bear, between now and the end of the year, the market remains bullish.

The market will remain bullish at least, from now till around February march next year, or even a bit longer, so, for now, I personally see every dump in the market as a buying opportunity, as we progree into the bull run, this opportunities will slim out and will completely fade away, and by then, those who bought now will be thankful for their decision to buy now, while those who are still being skeptical will regret not buying when it was cheaper.

And concerning the recent drop in the price of bitcoin, I was on youtube yesterday and came across a video from cryptosRus, he explained why the market is seeing some dump, and advised every one to hold for its temporarily.
And fortunate enough, today, bitcoin is already breaking out, ya all can watch the video here..

i=AmsOfhwfKsvuRqtS

[Gladitorcomeback]

Not every new project is scam but some of them are scam due to which it has impacted the success of every new project and people are afraid of choosing new project. I think if you find out the information then your fear will be reduce and you will not be doubtful about your investment.

You are right, but most newbies don't understand this. They start buying cryptocurrencies based on how much they are being hyped up on social media or in their circles, but they don't realize that this isn't the correct way of making investments in this industry and they need to do their research before they make their final decisions otherwise they can incur losses more than they can earn.

Most people who are joining the industry these days are in a rush to make money which is the reason why they don't like spending a lot of time learning the market and are always eager to just make their investments so that they can start earning profit as quickly as possible.