Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Abubakar56 on May 21, 2021, 10:13:49 PM
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For the past few days bitcoin now bitcoin have been dumping and have been doing my research about the dump but have not seen anything that cause it, should we be expecting more dump or we can buy the dip now.
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I also think this is an opportunity to buy the dip before the real bullrun. PlanB also has a similar opinion, that BTC max price in this bullrun is not 60K. I predict BTC can hit 87K soon, then even 345K.
Let's get the new investors out of market, then we can have more volatility, more chances, more profits.
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There are several news which has caused this price dump, first it was Elon Musk who twitted that tesla will no longer accept bitcoin and there will sell of all the bitcoin there got in their possession, this news caused a FUD in the market but it didn't affect the market price that much untill the news of China placing a ban on cryptocurrencies and it's activities, and I think this particular news is the main cause of price dump.
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32 is strong buying zone
Buy in parts
Fisrt entry at 32k
2nd at 28k
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I checked the market right now it seems the market will continue to go down.. I don't know if this is the right time to buy but if you planning to hold for long then I guess this is the right time to buy some cheap altcoins.
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Definitely the bear run won't last long the support at $35K seem to be strong and rejected the price 4th time now I believed all the negative fundamental news that resulted to the dump has subsided now many hodlers had dumped their coins consequently the bullish run should commence gradually provided that there is no any negative news again
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If there is an unexplained dump, it is usually caused by a correction. So if I were you, I would fill my bags
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If there is an unexplained dump, it is usually caused by a correction. So if I were you, I would fill my bags
That's a good idea, but Bitcoin is still experiencing a correction and is currently trading at $35k USD, currently the selling pressure is greater than buying, I don't expect Bitcoin price to drop below $ 30k, because some large investors will buy Bitcoin for $40k and they still keep it for a long time, buying at a low price is good, but always see technical analysts before making a buying decision, because the current Bitcoin price still could fall below $35k USD
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Of course, I am an optimist, as long as it does not drag on for a long time, bitcoin has shown growth in recent months, and no one expected such a sharp drop, of course, famous people like Elon Musk helped in this, as well as China and the United States with their regulation in the direction of bitcoin, but I still think we will soon see new ATH, because such a dump is not just.
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There are several news which has caused this price dump, first it was Elon Musk who twitted that tesla will no longer accept bitcoin and there will sell of all the bitcoin there got in their possession, this news caused a FUD in the market but it didn't affect the market price that much untill the news of China placing a ban on cryptocurrencies and it's activities, and I think this particular news is the main cause of price dump.
The main reason for the bitcoin dump was that the market had long been demanding a correction after a prolonged rise. And this correction has long been expected by many, having previously sold their coins.
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Most likely, bitcoin and other cryptocurrencies are falling in price due to bad news from China related to mining and bitcoins trading, it is not yet clear whether this is really real news or a fake news to make panic on the cryptocurrency market, but all these news led to very big market dump, so I hope that the cryptocurrency market will recover soon.
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For the past few days bitcoin now bitcoin have been dumping and have been doing my research about the dump but have not seen anything that cause it, should we be expecting more dump or we can buy the dip now.
So you didn't get the Infomation about the Elon musk tweet about Bitcoin no longer being accepted for Tesla payment? Also the news from China ban on cryptocurrencies? and even more recently the "U.S. Treasury calls for stricter cryptocurrency compliance with IRS, says they pose tax evasion risk"
All these are the cause why Bitcoin is dipping right now even though we believe this is just going to be one of those Bitcoin dip phases which will eventually recover so buy the Dip mate.
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I see that the bitcoin market is still experiencing a decline in price. Bitcoin correction will continue, because now the selling pressure is greater than buying, it could be that the price of bitcoin has dropped below 30k. Don't rush into buying, always do a market analysis before making a decision to invest.
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There are few rumors that caused this unexpected situations after a settled market. Few bad news that whales take it as their advantages. Spread those rumors and create panic those lead the small investors to sell their valuable assets at water rate value. I will suggest the holders not to listen any rumor, don't be panic. Just hold your assets, market will reback soon. Whales are taking your panic and they will fill up their bags with your cheap selling coins.
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Bitcoin is dumb this is true but still the big bull is not start and soon we see that a big bull is start in the market and that time the BTC will touches the 200,000$ high.
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32 is strong buying zone
Buy in parts
Fisrt entry at 32k
2nd at 28k
You're right mate.Bitcoin currently has a strong support of 32,000.Those who trade on Bitcoin can take an entry at 32000. The market situation has been very bad for some time.As the price of Bitcoin declines, so does the price of all other coins.Can Bitcoin reach their previous place again or Bitcoin could go down a lot more.
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We can buy it right now but not all out, piece by pieces. Buy all out is dangroud because there's chance to go more dieper. This time we call crypto in consolidation time, it means they decide to go or not. Buy it with half our asset and use the rest if fall more deeper than before.
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If you are planning to buy for long you can buy. If you check the chart of BTC that was in the overbought area so the correction was due for a long so for me this drop is normal. I am analyzing this market for the last 4 years I see several dumps and corrections of the market. I still believe the market is bullish but right now there is a fear in the mind of investors and traders but soon we will see the market will gain momentum again gradually.
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It has been seen lately that the price of Bitcoin has started declining day by day. Can anyone tell me exactly why the price of Bitcoin is going down so much? Although the cryptocurrency market fluctuates over time,there is a reason for the rise in the price of coins and mine.The current price of Bitcoin is 38005$.Will it increase in price later?
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The others value of all coins in cryptocurrency, not Bitcoin, is declining. The current bitcoin price is 30 30,710. And to reduce the price of bitcoin or the price of all coins to rise again. Because it is natural that the price of coins will decrease and increase.
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We have once again seen how much influence China has on crypto currencies. In 2017, similar news came out of China again, and the recovery of the markets took time. The dump experienced this time is again effective in china. It oscillates between 35-40k. I guess there are 1-2 months for stability and investment in altcoins again.
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If we look at the history of cryptocurrencies, China has been banning Bitcoin since 2009, but in reality nothing has happened, mining has continued in Chinese territory, and that is the biggest problem that the government has to control it, the amount of square kilometers that the country has. I think this is the usual FUD, nothing more.
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We have once again seen how much influence China has on crypto currencies. In 2017, similar news came out of China again, and the recovery of the markets took time. The dump experienced this time is again effective in china. It oscillates between 35-40k. I guess there are 1-2 months for stability and investment in altcoins again.
yes, the influence of bad news is always, bitcoin can't get away from things like this, be it @elonmusk and now banned bitcoin in China, always news like this makes bitcoin a correction. and the current correction is very deep and requires recovery time which is not easy, there needs to be strength to be able to regain confidence.
It takes a big commitment from bitcoin investors and companies that are currently still loyal to continue to hold bitcoin. not muddying up selling and driving the market out of control. let the bad news be a lesson in the future that it does not need to be exaggerated, let it just be a public consumption that does not cause anxiety.
I still believe that bitcoin will move quickly again and that is clear though it will take a little time but the belief will continue to exist,
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For some time now we have been seeing the price of bitcoins go down. The price of bitcoin has already come down a lot. We have also seen in the past the value of bitcoins declining. But I have never seen the price of bitcoin crash so much. But hopefully the price of bitcoin will rise again over time.
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I suppose that they made another fall again in order to take out some sharks from the market.
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For some time now we have been seeing the price of bitcoins go down. The price of bitcoin has already come down a lot. We have also seen in the past the value of bitcoins declining. But I have never seen the price of bitcoin crash so much. But hopefully the price of bitcoin will rise again over time.
In all my years in crypto (since 2013) I've seen Bitcoin "die" 400 times, I've seen China "ban" Bitcoin 400 more times, and I've seen people sell at huge losses because they don't have the ability to keep their coins/tokens. And do you know what happened next?. That Bitcoin and the market in general return to where they should be, patience and a cold mind are two weapons that must always be used.
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There are several reasons behind the decline in Bitcoin prices. Bitcoin was banned from China a few days ago and Elon Musk's cryptocurrency was discussed negatively, but suddenly the price of Bitcoin was dumped. Not only has the price of bitcoin dropped, but almost all coins have been dumped. But the price of Bitcoin may be pumping again but not now but maybe after 2022.
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In cryptocurrency, the price of all types of coins, including Bitcoin, has dropped dramatically.One of the reasons behind the decline in Bitcoin prices is that Elon Musk's Tesla company has stopped supporting Bitcoin.Moreover, another reason is that China has completely banned bitcoin in their country.The impact of which has created very unfavorable weather in the cryptocurrency market.Bitcoin is the best coin of all. Bitcoin prices will rise again.
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It started coming down again. If 30k is passed, it will go down to 26k. When Btc is like this, altcoins come down even more. The Ferrum networks that I hold in my hand have come very low. my morale was turned upside down. I turned off the screen and I will not look at the markets for a while. Hopefully soon btc will make the necessary correction and the rise will start again.
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The dump seem to be too serious for a short period of time, I can't believe how low most coins already are in this bear market that just started few days ago, it is as if we have being in the bear market since the beginning of this year. :'(
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At the rate at which the price of Bitcoin is being dumped in the market, I think Bitcoin may return to its previous position. Because now the market situation is getting very bad. For some time now the price of all coins has been dumped. With the price of bitcoin being dumped. So it is not possible to say anything now which way the market will go in the future.
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Bitcoin prices have risen in the past few days, but now investors are facing huge losses due to low prices. The current reason is that the price of Bitcoin has gone up due to massive investments. But now the price of bitcoin is being destroyed.
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If you want to buy Bitcoin, maybe this is the right time because the price of Bitcoin is experiencing a big dump. However, you still have to be careful if suddenly the dump continues, at this time it is actually very risky to store more Crypto coins. If I have any suggestions, it's better to hold on to Fiat first.
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If you want to buy Bitcoin, maybe this is the right time because the price of Bitcoin is experiencing a big dump. However, you still have to be careful if suddenly the dump continues, at this time it is actually very risky to store more Crypto coins. If I have any suggestions, it's better to hold on to Fiat first.
That is what we have to discern, "know" how far the fall can go and be prepared to buy, but since it is very complicated and we cannot see the future, we can do the same with other coins/tokens, now the vast majority are very cheap and it would be crazy (DYOR) to miss this opportunity. We have to know how to take advantage of every moment of the market to the maximum.
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The issues from China ban to the use of Bitcoin exchanges and miners is seriously affecting the entire market. Big exchanges in China which are now having issues with the country's rules is also something affecting the price. Maybe after this issue, there might be a change and a rebound in the price of the crypto assets.
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The issues from China ban to the use of Bitcoin exchanges and miners is seriously affecting the entire market.
Surely it brings big impacts in the crypto market because China is one of the biggest countries of top crypto players in the world. Especially in mining, they dominate Bitcoin mining. I actually suspect this is just a manipulation scheme done by a big country like China. Why they suddenly ban crypto or Bitcoin while it is getting popular and more acceptable around the world nowadays? This is quite strange if China government did a decision that is contrary to reality. They must plan something of this action.
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I suppose that they made another fall again in order to take out some sharks from the market.
Maybe, but they are also crushing the newbie and small investors, which have a great impact on the whole crypto market and the makert is falling down fast.
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Indeed. And the whole thing is giving a bad rep to the industry. What serious investor wants to get involved in an industry that volatile and unstable?
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Indeed. And the whole thing is giving a bad rep to the industry. What serious investor wants to get involved in an industry that volatile and unstable?
Remember that instability and volatility are what make more people can access the industry, if they did not exist, the industry would belong to the first users of 2009. It's good and bad, yin and yang, light and dark... You can call it whatever you want, but they must exist so that things continue to work as usual.
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For the past few days bitcoin now bitcoin have been dumping and have been doing my research about the dump but have not seen anything that cause it, should we be expecting more dump or we can buy the dip now.
I think It's just strategy of whales to buy more at dip.If you have coin don't sell it.
wait and we will see the market grow and green again.
I have asked several investors, they also waiting the market and hopefully less negative issue against crypto currency.
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Elon Musk is the only reason behind Bitcoin price
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Bitcoin prices are being heavily dumped. The reason is that the price of Bitcoin is now going down at twice the rate it had before. Cryptocurrency If the price of Bitcoin goes down like this, the cryptocurrency will not last long. Because the day is coming towards destruction.
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The current price of Bitcoin is now 37,132 dollar. A few days ago the price of Bitcoin was much higher but now it is much lower. Thus, if the price of Bitcoin continues to fall for a while, it will definitely come back compared to the past.
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The Bitcoin price has already pumped up a bit. The price of all other coins, including Bitcoin, is also rising slightly. However, with the fall in the price of Bitcoin a few days ago, the price of all other coins was pumped up a lot. So the bitcoin price is not the same as before. Now the bitcoin price has pumped a lot.
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I suppose that they made another fall again in order to take out some sharks from the market.
Maybe, but they are also crushing the newbie and small investors, which have a great impact on the whole crypto market and the makert is falling down fast.
All are affected and subject to market change. Whales always taking advantage every time the market turn to red. While newbie investors are just in starting point to lively watch the market movement not just in personal opinion or just base on theoretical point of views. We may see the market to bounce back faster than we thought imo.
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The way the Bitcoin price started dumping, everyone thought that maybe the market will be like 2018 again. But for this, investors had a lot of worries that the market is being dumped so much that any time the market will be dumping more. That is why many investors stopped investing but now that the market is pumping, it seems that the cryptocurrency market will be pumping more than before. The price of Bitcoin will reach 80k dollars.
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Currently, the entire crypto market has gone down for many reasons. Some of the notable reasons are that Tesla does not accept bitcoin. There has been a lot of discussion and criticism about Bitcoin in China. However, many investors have already begun to move Bitcoin to its previous position.
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Currently, the entire crypto market has gone down for many reasons. Some of the notable reasons are that Tesla does not accept bitcoin. There has been a lot of discussion and criticism about Bitcoin in China. However, many investors have already begun to move Bitcoin to its previous position.
To what you have said, we must add the number of investors who are withdrawing their profits after the sale of the last ATH in the market. Nothing that is happening is new (except for the stupidity of Tesla and Elon Musk) so there is nothing to worry about in my opinion. The ups and downs of the market are natural and a sign of organic growth, not the whim of a rich man playing with Doge.
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The price of Bitcoin has dumped a lot in the cryptocurrency market a few days ago but it has changed again. Due to which the price of Bitcoin will return to its previous level very soon.In the meantime, the price of all coins in the market is rising again with the rise in the price of Bitcoin. So the price of Bitcoin will increase or decrease, this is the rule of cryptocurrency.
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The Bitcoin market has shrunk more than ever before, with only a few notable reasons, such as Elon Musk and the Chinese government, many investor traders have stopped trading Bitcoin based on the negative comments they have made about Bitcoin. The Bitcoin market is dependent on investors and traders, so they have turned their backs on the market.
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Bitcoin is the most modern and valuable digital coin in the world. At one time very few people had an idea about bitcoin. But now many surroundings have changed. Nowadays, almost everyone has an idea about Bitcoin and many people want to get close to Bitcoin in one way or another. But by the end of 2020, when the price of bitcoin started to fly like crazy, the price of bitcoin increased very fast. And it touched about k 65k but for some time the price of other coins including bitcoin started dumping. However, despite the decline in the price of Bitcoin in the market, it did not go down as much as in 2018. Bitcoin is currently priced at 39k and Bitcoin will pump again and it will touch 100k instead of 60k.
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Yes exactly. The dip decrease of Bitcoin followed by other cryptocurrencies. I know that it may be difficult for BTC to reach the price of new ATh in this year. Moreover, if they are really focusing on what happens and solving them right now. So, I am pretty sure about that
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We all know that a few days ago the price of bitcoin was dumping a lot but none of us are unaware. However, recently the price of bitcoin has started to rise again little by little. In fact, the price of Bitcoin has come back a lot. I think Bitcoin is one of the most reliable coins in cryptocurrency so it can be said that the value of this coin will increase again very soon.
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The Bitcoin market has seen the highest fluctuations this year. Currently, the market situation of Bitcoin is much better. Bitcoin prices were at an all-time high this year. But I think investment and trade is growing on Bitcoin every time. Bitcoin is becoming a much more valuable currency around the world. Brother Bitcoin prices fluctuate a lot. At present, all investors blame car dealer Tesla for the sharp fall in Bitcoin prices.
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Cryptocurrency Bitcoin is the cheapest of all the coins you have. And the price of Bitcoin is the highest among other coins and the price is dubbing despite the high demand for Bitcoin in the cryptocurrency. And if investors invest more, the price of Bitcoin may change.
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We saw a few days ago that the price of Bitcoin was rising a lot in the cryptocurrency. But suddenly the price of bitcoin is going down. I have long believed that the price of Bitcoin will return to normal. This is the rule that the price of cryptocurrency will increase or decrease.
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Many have predicted that the price of BTC will experience a big dump, this is because looking at the history of Bitcoin in 2017. After a sudden high increase in price Dump and have to wait 4 new years to go up again. My hope is that it will not happen again, let the Bitcoin price experience a big dump but if possible it will only be for a moment. and after that the price immediately went up.
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There is a chance for the next dump, especially it is on weekend. If yesterday Bitcoin price can be above $38K, on the weekend the price of Bitcoin can be below $32K. Just checked the current price, the Bitcoin price is already around $34K. So, if you want to buy the Bitcoin, you are better wait for till Sunday.
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There is a chance for the next dump, especially it is on weekend. If yesterday Bitcoin price can be above $38K, on the weekend the price of Bitcoin can be below $32K. Just checked the current price, the Bitcoin price is already around $34K. So, if you want to buy the Bitcoin, you are better wait for till Sunday.
I think you are right, especially for the prices we are seeing lately. $31,000 or $32,000 will be the best purchase prices considering the great resistance that exists in $30,000, at the moment it remains above $ 35,000 although it is decreasing slowly so if it continues as in the last hours we could get very close to the values that I have commented before, but it is too early to know.
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For the past few days bitcoin now bitcoin have been dumping and have been doing my research about the dump but have not seen anything that cause it, should we be expecting more dump or we can buy the dip now.
Is this the first btv dump you are experiencing! There won't be a particular reason that have caused the dump, people will give their own different versions about the dump, if you are here for long term, now is the right time to make a move while the market is still cheap.
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For the past few days bitcoin now bitcoin have been dumping and have been doing my research about the dump but have not seen anything that cause it, should we be expecting more dump or we can buy the dip now.
Is this the first btv dump you are experiencing! There won't be a particular reason that have caused the dump, people will give their own different versions about the dump, if you are here for long term, now is the right time to make a move while the market is still cheap.
That's right, it's not just now that bitcoin is experiencing a deep correction and it actually provides an opportunity for us to do our best. it must be remembered that bitcoin will always be able to improve itself, to be better than the present time and it will always be. nothing to be afraid of.
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Bitcoin prices are being dumped in a way that is unimaginable. Bitcoin prices are falling at twice the rate that Bitcoin prices have risen. Now only the price of all coins in the cryptocurrency is going down. And the chances of getting a scholarship again in the future are much higher.
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Actually, we shouldn't be too panic about a sudden Bitcoin price drop like yesterday, it is proven that people who panicked and sold their assets now regret that they have lost a lot. Meanwhile, people who have been patiently holding back have got their assets back because the price of Bitcoin has also gone up again. The key to successful investing in this cryptocurrency is not panic and patience.
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Bitcoin price are being dumped in a way that marketplaces. Bitcoin price few month ago very high. But bitcoin price after next time well.
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The cryptocurrency market depends on increasing business traffic. The cryptocurrency market is constantly changing. The state of the cryptocurrency market is much higher every time. So at the same time some investors benefit and some investors lose. So this is the normal rule that the price of bitcoin will fluctuate. The basic rule of the cryptocurrency market is that the market fluctuates all the time and those who trade will benefit and lose. The cryptocurrency market is so volatile around the world that a lot of investors come here to invest. Especially interested in investing with Bitcoin. However, due to the spread of various bad news, the market situation is much worse.
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what effect will the Theta price (https://the Url is blocked due to spam #Cpspam/price-prediction/theta-price-prediction/) have, if the Bitcoin price keeps plunging badly
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At present, the cryptocurrency has dumped the value of all currencies from the market price of Bitcoin. Already looking at the market everything looks red. I never expected that cryptocurrency would be in such a state at such a time. However, since the market is never the same, it is expected that the market may change again.
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At present, the cryptocurrency has dumped the value of all currencies from the market price of Bitcoin. Already looking at the market everything looks red. I never expected that cryptocurrency would be in such a state at such a time. However, since the market is never the same, it is expected that the market may change again.
So, did you expect the green candles to break through the roof and for Bitcoin to keep rising in value without any limit?. That is completely impossible by the nature of the market, volatile. The market must go up and down and then wait for organic and natural growth, which is what really adds value, thanks to that value, Bitcoin remains "stable" where it is now, instead of being at $1.
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I think a lot of people were expecting this.
Personally, I was convinced that a serious pullback was a matter of time.
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Bitcoin prices have been dumped in cryptocurrencies. This is because cryptocurrencies have doubled the most. The price of Bitcoin has reached a very low level. Those who are investors are facing losses by investing very little.