foreseeing a plunge of price, what would you do?

[ZAINmalik75]

maybe the price has to dip that low in order for the market to have a good momentum in the next bull run, would you dump your coins and wait for the dump to buy at $40k on spot or would you rather go shorting on futures?

If I have solid reasons to believe that the price of BTC will dump to $40k which I don't have then I will book my profit now and wait for entry at $40k but that's not how things worked We can assume so many possibilities but its not reliable to make profit from trading. People who love to do future trading will short the trade.

But when too many people already know the market situation market doesn't go the way the whole participants are waiting for it t go. Therefore foreseeing a plunge is a good thing but not surely thing. It is always best to follow risk-reducing methods even if you think the price of BTC will go down. Many people were thinking that the price of BTC would go down due to MT GOX repayments, but the opposite of what everyone thought was happening. Therefore proper plans are needed.

[electronicash]

maybe the price has to dip that low in order for the market to have a good momentum in the next bull run, would you dump your coins and wait for the dump to buy at $40k on spot or would you rather go shorting on futures?

If I have solid reasons to believe that the price of BTC will dump to $40k which I don't have then I will book my profit now and wait for entry at $40k but that's not how things worked We can assume so many possibilities but its not reliable to make profit from trading. People who love to do future trading will short the trade.

But when too many people already know the market situation market doesn't go the way the whole participants are waiting for it t go. Therefore foreseeing a plunge is a good thing but not surely thing. It is always best to follow risk-reducing methods even if you think the price of BTC will go down. Many people were thinking that the price of BTC would go down due to MT GOX repayments, but the opposite of what everyone thought was happening. Therefore proper plans are needed.

well the market shifted already. maybe it will continue to go up or downwards after pump. market is yet unsure even when there is a huge up trend movement.
i'd like to think its going to kickstart the bull run not just for BTC but the whole crypto.

there are also people who are seeing the dump was fake as staged initiated by the German government and Mt gox which they are saying price will shoot up faster than they can buy back. if their theory was right, this could be what they mean.