Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: TomPluz on May 23, 2021, 11:12:23 AM
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Two days ago I made a mistake of determining that the DIP has already subsided and that the market will start to make good rebounds. What a mess because I missed. The dip continued unabated and right now there is still no end in sight for this continuing downtrend. I think major coins and tokens already slashed more than 50% of what they gained with the bull run, but the positive market sentiment has not yet returned. Let's hope that soon there will be vengeance.
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Nothing can last forever. That is what you learn when you see the market fall as we are seeing it now, when we believe that it will not go down any more, it continues to do so as far as we cannot imagine. For those of us who have been in crypto for several years, we know that it is the ideal time to buy everything we can, for new users it is a desperation.
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Two days ago I made a mistake of determining that the DIP has already subsided and that the market will start to make good rebounds. What a mess because I missed. The dip continued unabated and right now there is still no end in sight for this continuing downtrend. I think major coins and tokens already slashed more than 50% of what they gained with the bull run, but the positive market sentiment has not yet returned. Let's hope that soon there will be vengeance.
You are right. I was almost tempted to buying back some days ago but for some reason, I decided not to, and now like you said, the market is still going down. I do believe that this will end someday and the market will regain back but look at the bright side of it, this is another oppotunity to buy more once we confirm a reversal.
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Unfortunately, the cryptocurrency market began to fall again and I no longer think that another growth awaits us this year, so if a bearish trend really started, it will be for several years and this is very bad, so now we need to think very carefully where to invest because most likely the cryptocurrency market will continue to fall.
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Unfortunately, the cryptocurrency market began to fall again and I no longer think that another growth awaits us this year, so if a bearish trend really started, it will be for several years and this is very bad, so now we need to think very carefully where to invest because most likely the cryptocurrency market will continue to fall.
I am not entirely sure that there is not going to be a recovery in the market (at least partially) in the next few weeks. If that were as you say, the best way to continue earning income would be with passive income, fortunately I have them. In any case, I will try to keep buying within my means while the market continues to fall, I think it's the best I can do.
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Two days ago I made a mistake of determining that the DIP has already subsided and that the market will start to make good rebounds. What a mess because I missed. The dip continued unabated and right now there is still no end in sight for this continuing downtrend. I think major coins and tokens already slashed more than 50% of what they gained with the bull run, but the positive market sentiment has not yet returned. Let's hope that soon there will be vengeance.
Yes, DIP is now going to be more Deeper. We have to hold our coins tightly with calm. We have to sleep after disconnecting our brain from internet for 1 month. This is a rest time. Almost all coins and tokens except Bitcoin crashed more than 60% over the last couple of days. Again crypto market is full of rumar based which isn't expected but this is true that few Whales like Elon Musk are taking the advantages of this situation where normal traders are victim of it.
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This dip is so bad. Many investor looking full of fear. Market is so unstable. Let see what happen
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Two days ago I made a mistake of determining that the DIP has already subsided and that the market will start to make good rebounds. What a mess because I missed. The dip continued unabated and right now there is still no end in sight for this continuing downtrend. I think major coins and tokens already slashed more than 50% of what they gained with the bull run, but the positive market sentiment has not yet returned. Let's hope that soon there will be vengeance.
Thats right bro, the Dip is very Deep, and it seems that the market is not stopping there more dumps to followed because much liquidation has taken place across many exchanges so we better brace ourselves for this huge event that was currently wreaking havoc in across the crypto markets.
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This dip is so bad. Many investor looking full of fear. Market is so unstable. Let see what happen
That's right Bro, not only small investors are affected by the current conditions of the Crypto market. All investors big and small are all worried about the current market conditions, traders are also losing their assets. These are difficult times, I am also worried because my assets are also down quite a lot. Encourage me for the market to recover soon!
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Although we had already partially expected a fall in prices in the cryptocurrency market, however, as always, the fall occurred sharply and unexpectedly. Yes, at first we hoped that this fall would also be short-lived, but the days go by, and the fall deepens. We just have to keep our cryptocurrency and watch the market, and whoever has the opportunity to buy cheap promising cryptocurrencies.
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Hysst,,, me too missed some opportunities even now. Anyway, we cannot hit the 10 birds in one stone. Crypto is full of chances and much better opportunities that could feel us bitter or good in the next days. "Malas" seems like real in some cases when we cannot grab the opportunity in our hand.
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The market is going to be bullish again for sure. This is just a matter of time. I think within about 1 or 2 weeks the market will be green again start showing us some bullish moves. The market is now trying to break the small downtrend and entering the uptrend again. Just wait and keep faith in crypto it is here to stay for long term.
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The recent dip is likely bearish, but we don't know it will last longer or only a short bearish. Historically, there should be more rising market again at least in September. We all know that most are surprised with this sudden dip only in one day several days ago and continue until right now. I personally feel very shock and also sad. However, this is the crypto that has many high risks. What I am expecting right now is having funds to buy more coins when the price so dips like this.
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From what I can gather, this is the real price of those digital assets. For months now, they have been overbought. So this downward trend is to be expected
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Two days ago I made a mistake of determining that the DIP has already subsided and that the market will start to make good rebounds. What a mess because I missed. The dip continued unabated and right now there is still no end in sight for this continuing downtrend. I think major coins and tokens already slashed more than 50% of what they gained with the bull run, but the positive market sentiment has not yet returned. Let's hope that soon there will be vengeance.
Oh dude I also made the same mistake. I actually bought the dip because everyone was yelling byy the dip and i had to buy the dip and the worst part of it all is after buying it didn't take up to 2hrs the value of the coin reduced. And it continued
The last thing i remembered was buying the coin, up till now the price hasn't gone up to the value I actually bought. Still on loss
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From what I can gather, this is the real price of those digital assets. For months now, they have been overbought. So this downward trend is to be expected
The real price is something very different from the real value. The market decline is not because investors have decided that the price of Bitcoin is $40,000, the market has fallen because of Elon Musk's nonsense, old threats from the Chinese government and especially since some whales are interested in keeping Bitcoin prices at that $40,000, probably to accumulate all the coins they can at that price.
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Two days ago I made a mistake of determining that the DIP has already subsided and that the market will start to make good rebounds. What a mess because I missed. The dip continued unabated and right now there is still no end in sight for this continuing downtrend. I think major coins and tokens already slashed more than 50% of what they gained with the bull run, but the positive market sentiment has not yet returned. Let's hope that soon there will be vengeance.
yes, I agree. I believe the market will go up again and we will see the green as long as this month until the end of this year.
As you said, the dip is deep, that's really deep.
My asset, still there. I hold them and wait the higher price.
every dump , we will see the pump.
Whatever fudder said. I will hold until the bullish coming.
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Two days ago I made a mistake of determining that the DIP has already subsided and that the market will start to make good rebounds. What a mess because I missed. The dip continued unabated and right now there is still no end in sight for this continuing downtrend. I think major coins and tokens already slashed more than 50% of what they gained with the bull run, but the positive market sentiment has not yet returned. Let's hope that soon there will be vengeance.
yes, I agree. I believe the market will go up again and we will see the green as long as this month until the end of this year.
As you said, the dip is deep, that's really deep.
My asset, still there. I hold them and wait the higher price.
every dump , we will see the pump.
Whatever fudder said. I will hold until the bullish coming.
You are right. I believe the market is on its way to an uptrend now
(https://i.imgur.com/XmY98Rh.jpg)
The dip was really deep :D I believe that was about -60% dip in the market but at last, we are begining to see an upward momentume which I also believe will take us to a new ATH
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Some of my coins also lost more than 50% of their value during this fall but as of today, my investments have almost recovered from the fall. I'm sure this is not the top yet.
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Some of my coins also lost more than 50% of their value during this fall but as of today, my investments have almost recovered from the fall. I'm sure this is not the top yet.
Likewise. I believe most investors that were still hodling on to their investment during the dip have seen a good recovering to the value of their assets and I also believe that this will grow into the coming months.
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Many people were scared yesterday when the Deep happened, there were those who sold their coins and others who were kept on hold. But those who sell their koi now regret that the price has gradually risen, and those who remain are certainly happy that their money has not been lost.
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Now the state of the cryptocurrency market is very bad, every time the market situation can be more dumping. That's why I think currently trading is very risky, especially for those who trade futures. With the fall in the price of the coin, the cryptocurrency market fell sharply. Therefore in the next few days I will not invest anything in cryptocurrency because it is too risky. And at the moment I only watch and follow the movements of the cryptocurrency market.
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Knowing when a dip is going to end is a very difficult task to be accomplished infact if we know the exact end of a dip all of us would have been rich majority of crypto traders are using a calculated guess which often fails as market continue moving dipper meanwhile investors with a huge capital can buy at every dip using some percentage of the capital, personally as a trader I never bother when price is dipping this will create opportunity to short a trade.
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Some of my coins also lost more than 50% of their value during this fall but as of today, my investments have almost recovered from the fall. I'm sure this is not the top yet.
Me too, I have lost more than 50% , but I think we should wait teh market will be back to grow.
Keep calm and hold your coins.
Because I have asked several friends , they said the market will grow again after may this year.
I agree with this prediction, let's see.
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Me too, I have lost more than 50% , but I think we should wait teh market will be back to grow.
Keep calm and hold your coins.
Because I have asked several friends , they said the market will grow again after may this year.
I agree with this prediction, let's see.
You lose 50% if you sell your coins/tokens, if you don't sell them you haven't lost anything. A part of my funds is also down a similar percentage, but I have not sold anything, so now I have to be patient, the rest I have everything in USDT, so I have no problem. We can only wait for the market to rise again, and if we look at the global capitalization, we realize that it will soon increase.
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A few days ago I got the misconception that the market situation would be very bad. All investment assets have turned usdt however. However, at present the situation in the cryptocurrency market is improving. The current situation is a bit better than before. So many users have been harmed by investing and trading. The price of every coin in the market was expected to fall. But since the cryptocurrency market is on the upside, the prices of every cryptocurrency have started to turn green. I don't think the red candle will go back. Every cryptocurrency in the market can go back to the green candle.
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For those who are not new to the crypto system, this will not affect the emotions cause this is a normal thing. Now is the very good time to get some bags filled up by the big whales and wait for the market to rebounce. As the market has been on a high ever since this year, now it is approaching the mid of the year, this correction is something that we should have expected, cause the remaining quarter of the year could be much more bullish after the correction has completed and a new support bottom line.
The attraction of new investors will be determined now as the market is down, a good point to jump into the market before the resistant level is reached again for greater Maths.
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I also feel like I lost the moment to buy the coins that I targeted because I also believed that this price was very worth investing in.
First, I saw Cake coins that Dump up to 11 USD and this is really worth buying and then staking or farming on the Pancake DEX platform.
Second, the bakery that dumped the price of 2 USD but I also didn't buy it, these two coins should have been bought. Ahhhh this isn't my luck !
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I would say we are in mid of bull run but currently, the correction phase is taking place and I believe the market will move like this for some more time then move further, Yes the recent Dip was quite deep and many have lost huge money by panic selling at present we have to remain patient till market become normal again because still there is a fear in the market once the fear is gone market will start rising again.
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It was certain that nobody knew where the dip was heading to, but it didn't break the 30k region because it got a strong support at the 30k region and prices started retracing upwards after getting close to 30k, well bitcoin has been trying to push its prices upwards but got a strong resistance at 40k region. All we need is just time and patience prices will touch the sky because the bull run season hasn't ended yet.
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It was certain that nobody knew where the dip was heading to, but it didn't break the 30k region because it got a strong support at the 30k region and prices started retracing upwards after getting close to 30k, well bitcoin has been trying to push its prices upwards but got a strong resistance at 40k region. All we need is just time and patience prices will touch the sky because the bull run season hasn't ended yet.
It is too early to say that the correction is over. At any time, the price of bitcoin can once again go to support at the level of $30 thousand. And if this reduction is not redeemed, the price can continue to decline to 26 thousand.
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It is too early to say that the correction is over. At any time, the price of bitcoin can once again go to support at the level of $30 thousand. And if this reduction is not redeemed, the price can continue to decline to 26 thousand.
You are right, but now it remains above $35,000, although it continues to fall, I think it would be difficult to go below $30,000, at that amount there is quite a strong resistance, so hopefully it doesn't hit that price or else you'd be in trouble if it doesn't hold up. Let's see how the weekend goes and on Monday we will have more data and another perspective.
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Last couple of weeks, crypto market is experiencing a heavy DIP. That means DIP is becoming Deeper gradually. If 10% increases, double to decrease. Almost 60% capital of my portfolio vanished. It was wise to hold few of my balance to stablecoins but before my preparation, market sank under water after ELON MUSK rejected of BTC and China mining Ban rumor. BTW, we have to be cautions from now when market touches peak point.