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Author Topic: Bitcoin Dump  (Read 5907 times)

Offline JoyMarsha

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Re: Bitcoin Dump
« Reply #45 on: July 24, 2024, 11:06:24 PM »
This is the best time to invest in bitcoin and hodle for the next bull run. As it is said the price downturn will last and it will still come down again. So if anyone is afraid should calm and continue hodle. You don't have to panic because I know that many will panic and thick that they would lost their funds invested in bitcoin. And I want to use this opportunity to tell you that nobody lost funds in bitcoin investment if you are for long term but if you invest in short term and the market enter bear market then you would lost because definitely you capital would not complete again. Therefore invest for long term.and not for short term.

This is one thing that unavoidable because market can never be bull all time because when it goes down you would see them panicking, but as an investor they should know that when the market goes on the reverse then they will hold for more years to enable them restore their capital nd make their profit while holding their coin. Many people tends to panicked the more when market are going against them where they wouldn't endure to hold their coin instead they may panicked and push off stacked up amount to the wholes.
The reason why there are investors who panic over their bitcoin investment is just that, they placed their hopes on bitcoin investment that it will make them rich within the short term.

So many crypto investors have had the wrong narrative about bitcoin through the people that got them introduced to it. If we can begin to lecture people about bitcoin investment on how it should be done "investing with spare money and having a long term investment plan", the panic coming from crypto investors will be minimized, and everyone will be happy as they hodl their bitcoin through the bearish market to the bull market

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Re: Bitcoin Dump
« Reply #45 on: July 24, 2024, 11:06:24 PM »

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Online Dr.Bitcoin_Strange

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Re: Bitcoin Dump
« Reply #46 on: July 25, 2024, 06:31:01 AM »
The reason why there are investors who panic over their bitcoin investment is just that, they placed their hopes on bitcoin investment that it will make them rich within the short term.

So many crypto investors have had the wrong narrative about bitcoin through the people that got them introduced to it. If we can begin to lecture people about bitcoin investment on how it should be done "investing with spare money and having a long term investment plan", the panic coming from crypto investors will be minimized, and everyone will be happy as they hodl their bitcoin through the bearish market to the bull market
You're totally right, the only reason am investor would experience panic due to short-term fluctuations is simply because they do not have the right information about thecrypto market, because I see no reason why someone who's well knowledgeable about the market would panic, because they're meant to realize that
1. Market fluctuations inevitably part of the market and sometimes that infact is exactly what actually makes the market interesting, being unpredictable, you don't know where and how it'll move, making it pretty hard to predict, because if people were able to predict the future of the market, then they'll so much exploit the market that it'll no longer be as profitable as it is today.
2. Bitcoin should at all time be considered for its long-term potentials rather than the short-term, if an investor always consider Bitcoin's long-term potentials, it'll help him ride out temporary market fluctuations as well as the panic and anxiety attavks that comes with it.

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Re: Bitcoin Dump
« Reply #46 on: July 25, 2024, 06:31:01 AM »

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Offline NotATether

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Re: Bitcoin Dump
« Reply #47 on: July 25, 2024, 01:29:21 PM »
You're totally right, the only reason am investor would experience panic due to short-term fluctuations is simply because they do not have the right information about thecrypto market, because I see no reason why someone who's well knowledgeable about the market would panic,

Well, it's more than that. Fear is a powerful factor.

A person could have all of the technical analysis that they need, all of the news pieces pointing to a bitcoin dump, but that person who (let's say for example) has just bought bitcoin recently will be shaken by anxiety at the fact of being underwater of their investment, so they "think" that liquidating will cut their losses by only a small amount.

It's the wrong way of thinking about this.
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Online Dr.Bitcoin_Strange

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Re: Bitcoin Dump
« Reply #48 on: July 25, 2024, 05:32:48 PM »
You're totally right, the only reason am investor would experience panic due to short-term fluctuations is simply because they do not have the right information about thecrypto market, because I see no reason why someone who's well knowledgeable about the market would panic,

Well, it's more than that. Fear is a powerful factor.

A person could have all of the technical analysis that they need, all of the news pieces pointing to a bitcoin dump, but that person who (let's say for example) has just bought bitcoin recently will be shaken by anxiety at the fact of being underwater of their investment, so they "think" that liquidating will cut their losses by only a small amount.

It's the wrong way of thinking about this.
Indeed, sometimes, emotions and fear can indeed overwhelm an investor's rational thinking which of course often leads to making some impulsive decision making, clouding of one's judgement and leading an investor towards making irrational decisions.
This unexpected reaction often diverts an investor's focus from the long-term potentials to considering and focusing more on the short-term potentials.

This myopic perspective may result to investors choosing to liquidating their positions at a very low point, of course this decision would solidify their losses and also make them miss the opportunity to recover their losses in the future and also miss out on future gains too. Yeah that's indeed the most foolish decision an investor can ever take.

Offline surendertakyaan70

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Re: Bitcoin Dump
« Reply #49 on: July 25, 2024, 07:25:28 PM »
Bitcoin Dump
Bitcoin investors (Bitcoin holders) are able to dump Bitcoins suddenly with their strategies. Bitcoin dump means when there is a sudden and significant sale of Bitcoins by one or more large holders, then Bitcoin starts dumping in the market. But this does not affect the market for a long time. Bitcoin holders also have to pump the market to earn their profit. Small Bitcoin holders should not lose their patience. If the market is dumped, then pumping is also certain.
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Offline bounceback

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Re: Bitcoin Dump
« Reply #50 on: July 25, 2024, 08:05:33 PM »
I just found some respond bout current bitcoin price dump because the normally habit with bitcoin when dropping position is the right moment to buy back after many holder or investor get panic for selling their bitcoin. I not found yet with some respond giving explain behind of bitcoin goin down today, I check on Mt Gox wallet activities they are sending bitcoin to Bittamp wallet as refund assets for creditor.
Its bigger bad news why make bitcoin after success reach up near close above $70k have dropped drastically more than 10% until going down to $63k, all trader or bitcoin investor need to find bad news and will know why make bitcoin suddenly going down in short term.

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Re: Bitcoin Dump
« Reply #51 on: July 25, 2024, 08:09:02 PM »
Yes, looking at the past, BTC had gone down suddenly. But now it has grown. It has reached 65k. But it is not certain when it will go back to 70+.

Everything should be done under some limit because if we cross the limit then we will put ourselves in trouble which will become the reason for our failure. Those who think that if they will utilize huge money then they will gain a huge return so they are not thinking accurately because with greater input there is not always greater output but sometimes you are putting yourself in dangerous situations by doing so.

It is a common mistake made by most of the investors that if they win for the first time then they dream for larger profit and use such a big amount to win considerable prizes at just one time Investment but their greed at this stage becomes full of risk for their future as crypto does not guarantee your winning in future.
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Re: Bitcoin Dump
« Reply #51 on: July 25, 2024, 08:09:02 PM »


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Re: Bitcoin Dump
« Reply #52 on: July 25, 2024, 08:19:42 PM »
I just found some respond bout current bitcoin price dump because the normally habit with bitcoin when dropping position is the right moment to buy back after many holder or investor get panic for selling their bitcoin. I not found yet with some respond giving explain behind of bitcoin goin down today, I check on Mt Gox wallet activities they are sending bitcoin to Bittamp wallet as refund assets for creditor.
Its bigger bad news why make bitcoin after success reach up near close above $70k have dropped drastically more than 10% until going down to $63k, all trader or bitcoin investor need to find bad news and will know why make bitcoin suddenly going down in short term.
Dump the price of bitcoin can happen at any time because the market is volatile, this can be caused by negative news or whale activities that sell to the market in large quantities, but there is no need to worry, some time ago the German government pounded the market dumping bitcoin a lot of the market went down but in the end the price went back up after that.

This is still in a political situation, there could be an influence there, big investors are making efforts to manipulate the market, while we don't expect to worry, stay relaxed, this is the real market behavior, there is a time when someday bitcoin can go up again.

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Re: Bitcoin Dump
« Reply #53 on: July 25, 2024, 08:21:58 PM »
There was some news, Hmm I'll consider them some of the bad news, there were some rumors about health issues of Joe, so I thought maybe it could influence the crypto market as well, at the same time there was a movement of funds seized by the US in last days and they hold 200k BTC, it can also trigger pressure on the market.
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Re: Bitcoin Dump
« Reply #54 on: July 25, 2024, 10:45:24 PM »
There was some news, Hmm I'll consider them some of the bad news, there were some rumors about health issues of Joe, so I thought maybe it could influence the crypto market as well, at the same time there was a movement of funds seized by the US in last days and they hold 200k BTC, it can also trigger pressure on the market.
The resignation of Joe Biden or the bad health issue of him isn't bad news for crypto industry. It even makes a price of Bitcoin to increase a bit in the last few days. But the news related to MT Gox and German government are surely bad news because they transferred big number of Bitcoin. Who hold 200k BTC? I am not really sure with your statement. Do you mean the US government has 200k BTC?



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Re: Bitcoin Dump
« Reply #55 on: July 25, 2024, 10:49:54 PM »
No one actually know exactly why a dump happens but surely it happens because of high selling pressure and such selling pressure takes place when some people want to convert huge sums of Bitcoin into fiat or stable coins like USDT, but sometimes it also happens because of fear.
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Re: Bitcoin Dump
« Reply #56 on: July 26, 2024, 09:19:21 AM »
No one actually know exactly why a dump happens but surely it happens because of high selling pressure and such selling pressure takes place when some people want to convert huge sums of Bitcoin into fiat or stable coins like USDT, but sometimes it also happens because of fear.

People trying to make a quick buck by trading, institutional investors, or The People who bought at the ATH 3 years ago have been waiting to get out.
But it doesn't matter, it's part of the game. We know that BTC crashes then returns then crashes, and returns, only the future poor are selling
Bitcoin It's like a bottle of rare wine. The longer you store it, the better it tastes. Now we are just smelling the aroma :)

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Re: Bitcoin Dump
« Reply #57 on: July 26, 2024, 09:41:27 AM »
This is the best time to invest in bitcoin and hodle for the next bull run. As it is said the price downturn will last and it will still come down again. So if anyone is afraid should calm and continue hodle. You don't have to panic because I know that many will panic and thick that they would lost their funds invested in bitcoin. And I want to use this opportunity to tell you that nobody lost funds in bitcoin investment if you are for long term but if you invest in short term and the market enter bear market then you would lost because definitely you capital would not complete again. Therefore invest for long term.and not for short term.

This is one thing that unavoidable because market can never be bull all time because when it goes down you would see them panicking, but as an investor they should know that when the market goes on the reverse then they will hold for more years to enable them restore their capital nd make their profit while holding their coin. Many people tends to panicked the more when market are going against them where they wouldn't endure to hold their coin instead they may panicked and push off stacked up amount to the wholes.
That is why it is good to keep physical cash at hand so that whenever the price goes down, we acquire more coins to our portfolios. Last week bitcoin hit  $54k and I was able to buy only 0.006 and now bitcoin is $66,439.88 and i have gotten small profit from the period and i can use this investment as short term investment because i have gotten profit from it but it is good foe long term. Those who understand bitcoin investment make profit from it. And all what they need to do is patient and know when to buy and when to sell.
That's if they knows what they are doing it could be very easy for them than just being worried over the market, of course it's a choice to buy when the market is dip and it's also a choice to sell when the market increase but what matters is how long they have decided to hold bitcoin because, there would be a time when the price would be very high in a way that acquiring it in future could be small.. like the volume you would hold now can never be the same in the future.

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Re: Bitcoin Dump
« Reply #58 on: July 26, 2024, 10:06:07 AM »
I just found some respond bout current bitcoin price dump because the normally habit with bitcoin when dropping position is the right moment to buy back after many holder or investor get panic for selling their bitcoin. I not found yet with some respond giving explain behind of bitcoin goin down today, I check on Mt Gox wallet activities they are sending bitcoin to Bittamp wallet as refund assets for creditor.
Its bigger bad news why make bitcoin after success reach up near close above $70k have dropped drastically more than 10% until going down to $63k, all trader or bitcoin investor need to find bad news and will know why make bitcoin suddenly going down in short term.
Dump the price of bitcoin can happen at any time because the market is volatile, this can be caused by negative news or whale activities that sell to the market in large quantities, but there is no need to worry, some time ago the German government pounded the market dumping bitcoin a lot of the market went down but in the end the price went back up after that.

This is still in a political situation, there could be an influence there, big investors are making efforts to manipulate the market, while we don't expect to worry, stay relaxed, this is the real market behavior, there is a time when someday bitcoin can go up again.
This isnt really just that limited to Bitcoin but in crypto as a whole on which it would really be just that right that you should be making yourself be wary about on how this market works.
Dealing up with unpredictable space then it would be just that right that you should expect the unexpected. On the moment that the market would really be having that crash
on which its normal that you would really be having those situations that having a negative portfolio. Cutting loses? You are just basically making things even more worst.
Instead on trying out to accumulate or DCA, you had made out some shit move.

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Re: Bitcoin Dump
« Reply #59 on: July 26, 2024, 12:17:57 PM »
It feels like history is repeating itself, with the German government once again nightmarishing the world. Arkham platform records transfers from wallets labeled as German government. From these wallets, $500 $BTC (~$27.5 million) went to Coinbase and Bitstamp exchanges.

The amount itself is small for the market. The trading volume of $BTC is ~$27 billion per day. Just showing us the bad news movie again. Dirty, but it works. It's your choice to believe it or not.

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