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Author Topic: Bitcoin Dump  (Read 5924 times)

Offline dekafee79

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Re: Bitcoin Dump
« Reply #75 on: August 19, 2024, 11:21:29 AM »

If a coin is abandoned, it is the task of the marketing team of the project to promote and create events so that their coins are not abandoned and remain in high demand. A project fails if it is not needed by users and the team does not promote or does not have interesting events.
They should learn from binance who always promote BNB coins with launchpool. So BNB coins remain popular and are still owned by many investors, lucky for coins that are supported by exchanges, especially large exchanges. That's why we hear some coins that have started to become popular, their teams are planning to have exchanges.
Coins that are abandoned will find it difficult to become popular again if their team does not have a strategy to make them popular again.
I agree that projects can learn from Binance strategy of promoting BNB coins through Launchpool which has helped maintain their popularity. It is clear that having support of large exchanges can effect in coin success. Small projects should make partnering with exchanges or developing their own strategies to stay relevant and to attract investors.

Otherwise abandoned coins try to regain attraction without clear plan to revive them. With studying these kind of successful examples like Binance Launchpool projects they can easily make some good strategies to promote their coins and they also can maintain strong reputation in market too.
I agree with you all, binance has managed to maintain the popularity of its BNB coin with launchpool, this should be imitated by competitors. It is indeed difficult to maintain the sustainability of a coin because the popularity of the coin will easily decline if there is no promotion from its team. Many coins suddenly have a drop in demand and their prices have plummeted..

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Re: Bitcoin Dump
« Reply #75 on: August 19, 2024, 11:21:29 AM »

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Re: Bitcoin Dump
« Reply #76 on: August 19, 2024, 11:57:09 AM »
We can see that bitcoins price is the little down now. We also know that crypto market is always depending on up and down. Sometimes it's price will low down and sometimes it's price is increase. We also see that in the time of dumping many crypto investors also remain cash flow. Because they know during the dumping they also buy crypto, which is the best profitable for them. So I believe that Bitcoin dumping isn't very problem in experience investors.

When Bitcoin drops in economic value it is a test for those who bought at a higher value and the perfect time for the entry of new investors, that is what the investment principle is based on. Otherwise there would be no new opportunities. In this way, liquidity flows to other markets, such as altcoins for example, since this base can also be applied in the same way in any coin or token. And no, it is not a problem, it is actually the solution so that everything continues to work as before, only with different values ​​and entry opportunities for investors.
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Re: Bitcoin Dump
« Reply #76 on: August 19, 2024, 11:57:09 AM »

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Offline laijsica

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Re: Bitcoin Dump
« Reply #77 on: August 19, 2024, 12:32:57 PM »
We can see that bitcoins price is the little down now. We also know that crypto market is always depending on up and down. Sometimes it's price will low down and sometimes it's price is increase. We also see that in the time of dumping many crypto investors also remain cash flow. Because they know during the dumping they also buy crypto, which is the best profitable for them. So I believe that Bitcoin dumping isn't very problem in experience investors.

When Bitcoin drops in economic value it is a test for those who bought at a higher value and the perfect time for the entry of new investors, that is what the investment principle is based on. Otherwise there would be no new opportunities. In this way, liquidity flows to other markets, such as altcoins for example, since this base can also be applied in the same way in any coin or token. And no, it is not a problem, it is actually the solution so that everything continues to work as before, only with different values ​​and entry opportunities for investors.
I totally agree with you. Each dips brings opportunities for investors to make aggressive accumulation as well as opportunities for new investors to enter the market. The same adjective applies to short-term traders who regularly make their trades in the market and maintain liquidity. As the value of Bitcoin is higher than other currencies, most of the time many investors try to increase their buying on dips but DCA method of depositing Bitcoins is recommended for them as this method is ideal for people of any income who can own huge holdings through long term management. Regular buying regardless of price allow an investor to see UP price averages in his portfolio which can give him higher profits.
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Offline alogan

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Re: Bitcoin Dump
« Reply #78 on: August 19, 2024, 02:07:12 PM »
Dont get confused crypto is at Bull market... but sure before that magic ride as we had always saw since every halving period, bitcoin becomes very very volatil. This is the best moments to buy and hold, if you dont panic you will be able to collect the rewards over the next months, accordingly to the size of your investment it might be enought to retire.
Grab each satoshi you can and holf it for the ATH wich will come, 60 was just a test to previous ATH...

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Re: Bitcoin Dump
« Reply #79 on: August 20, 2024, 11:08:52 PM »
Dont get confused crypto is at Bull market... but sure before that magic ride as we had always saw since every halving period, bitcoin becomes very very volatil. This is the best moments to buy and hold, if you dont panic you will be able to collect the rewards over the next months, accordingly to the size of your investment it might be enought to retire.
Grab each satoshi you can and holf it for the ATH wich will come, 60 was just a test to previous ATH...
As an investor we must be able to take advantage of every moment that we go through, when there is a bulll or correction we can buy it and the market hold the market rises again. We do not need to be confused or have panic when we see the price of coins down, especially if the coins we hold are top koins, because the bullish season hasn't happened this is still a long time waiting for bullish.

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Re: Bitcoin Dump
« Reply #80 on: August 20, 2024, 11:19:44 PM »
As an investor we must be able to take advantage of every moment that we go through, when there is a bulll or correction we can buy it and the market hold the market rises again. We do not need to be confused or have panic when we see the price of coins down, especially if the coins we hold are top koins, because the bullish season hasn't happened this is still a long time waiting for bullish.
That's right. As investors, we must have a wise, smart, fast, precise, and orderly attitude in making decisions. Because this decision will determine our future path, whether it can really run smoothly to achieve gains or vice versa. Because, there will be no path that is always smooth, surely in every decision making, there are risks. This is also related to how we handle and manage the risk itself. So that we really will not regret it.

Taking advantage of bearish moments to increase the accumulation of certain cryptos, and taking advantage of the bullish process to take profits for both short and long terms, all of which can be maximized if we really understand the cycle.
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Re: Bitcoin Dump
« Reply #81 on: August 21, 2024, 10:18:47 PM »

That's right. As investors, we must have a wise, smart, fast, precise, and orderly attitude in making decisions. Because this decision will determine our future path, whether it can really run smoothly to achieve gains or vice versa. Because, there will be no path that is always smooth, surely in every decision making, there are risks. This is also related to how we handle and manage the risk itself. So that we really will not regret it.

Taking advantage of bearish moments to increase the accumulation of certain cryptos, and taking advantage of the bullish process to take profits for both short and long terms, all of which can be maximized if we really understand the cycle.
We must always be able to take advantage of bearish momentum to increase the coins we have and hold them until a certain period of time that we target. Moreover, during the bitcoin dump, we will definitely see almost all altcoins dump, we choose potential coins to buy, we really have to be smart and wise in investing.

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Re: Bitcoin Dump
« Reply #81 on: August 21, 2024, 10:18:47 PM »


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Re: Bitcoin Dump
« Reply #82 on: August 21, 2024, 10:26:32 PM »

That's right. As investors, we must have a wise, smart, fast, precise, and orderly attitude in making decisions. Because this decision will determine our future path, whether it can really run smoothly to achieve gains or vice versa. Because, there will be no path that is always smooth, surely in every decision making, there are risks. This is also related to how we handle and manage the risk itself. So that we really will not regret it.

Taking advantage of bearish moments to increase the accumulation of certain cryptos, and taking advantage of the bullish process to take profits for both short and long terms, all of which can be maximized if we really understand the cycle.
We must always be able to take advantage of bearish momentum to increase the coins we have and hold them until a certain period of time that we target. Moreover, during the bitcoin dump, we will definitely see almost all altcoins dump, we choose potential coins to buy, we really have to be smart and wise in investing.

Not just increasing the amount you are holding but also not losing the opportunity to buy BTC at a very cheap price for me, if there's an opportunity grab it right away because anytime the price trend changes that is why you need to combine it with DCA to buy the dip price and I only sell the BTC again once it fails to break the old price and trend.
If you keep holding you are losing the potential profit from ups and downs.
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Re: Bitcoin Dump
« Reply #83 on: August 22, 2024, 11:12:55 AM »
Bitcoin is the first crypto coin to be created and the best investment right now in the world, Bitcoin is also the best crypto coin and Bitcoin has made a lot of people very rich, and has also helped to grow the world economy, some people really don't understand how Bitcoin works some see dip in Bitcoin as a big problem but is not is just an opportunity to accumulate more Bitcoin, if you go through the history of Bitcoin you will find out that dip in Bitcoin as been part of it's growth when there's a dip in Bitcoin you don't have to panic because it will certainly increase, some people thinks that Bitcoin will never hit $100k but that's not true, when Bitcoin was first created it had no price no value but look at how it has now grown so big in price, there where people that had the opportunity to invest in Bitcoin 10 years ago but refused to invest because they believe Bitcoin won't grow and some people saw the opportunity and started investing in it and today those that refused to invest are in deep regret and those that invested are now rejoicing.
There was a dip in Bitcoin that made Bitcoin come down to $56k but today it has gone up again as of today Bitcoin is $61k so there's nothing to fear when there's a dip i know people that has fear when there's dip are newbies because they don't understand Bitcoin and that is why i advise that newbies should go through the history of Bitcoin.

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Re: Bitcoin Dump
« Reply #84 on: August 22, 2024, 12:05:34 PM »

That's right. As investors, we must have a wise, smart, fast, precise, and orderly attitude in making decisions. Because this decision will determine our future path, whether it can really run smoothly to achieve gains or vice versa. Because, there will be no path that is always smooth, surely in every decision making, there are risks. This is also related to how we handle and manage the risk itself. So that we really will not regret it.

Taking advantage of bearish moments to increase the accumulation of certain cryptos, and taking advantage of the bullish process to take profits for both short and long terms, all of which can be maximized if we really understand the cycle.
We must always be able to take advantage of bearish momentum to increase the coins we have and hold them until a certain period of time that we target. Moreover, during the bitcoin dump, we will definitely see almost all altcoins dump, we choose potential coins to buy, we really have to be smart and wise in investing.

Not just increasing the amount you are holding but also not losing the opportunity to buy BTC at a very cheap price for me, if there's an opportunity grab it right away because anytime the price trend changes that is why you need to combine it with DCA to buy the dip price and I only sell the BTC again once it fails to break the old price and trend.
If you keep holding you are losing the potential profit from ups and downs.

But some of us doesn't have the skills to trade and take advantage of the ups and downs of the market. We prefer and continue to buy for as long as we can thru DCA. And with this strategy, doesn't matter if the price is going down or increasing, you are going to buy thru it's average and so this could be the best strategy for a non-trader, or those who don't want the intricacies of trading and prefer the simply method but still very much effective if you are a beginner or even a long term crypto enthusiast.
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Re: Bitcoin Dump
« Reply #85 on: August 22, 2024, 01:02:45 PM »

That's right. As investors, we must have a wise, smart, fast, precise, and orderly attitude in making decisions. Because this decision will determine our future path, whether it can really run smoothly to achieve gains or vice versa. Because, there will be no path that is always smooth, surely in every decision making, there are risks. This is also related to how we handle and manage the risk itself. So that we really will not regret it.

Taking advantage of bearish moments to increase the accumulation of certain cryptos, and taking advantage of the bullish process to take profits for both short and long terms, all of which can be maximized if we really understand the cycle.
We must always be able to take advantage of bearish momentum to increase the coins we have and hold them until a certain period of time that we target. Moreover, during the bitcoin dump, we will definitely see almost all altcoins dump, we choose potential coins to buy, we really have to be smart and wise in investing.
Yes, bearish period is the most favorable time for an investor. At this time if one buys Bitcoin then he will get a chance to hold it at a relatively low price. But those who are not experienced are not able to easily except this bearish. They became restless due to the dumping of the market and started emptying their holdings. This kind of tendency is often seen especially in the case of newbies. And the experience take the advantage of that opportunity.

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Re: Bitcoin Dump
« Reply #86 on: August 22, 2024, 09:14:30 PM »

Yes, bearish period is the most favorable time for an investor. At this time if one buys Bitcoin then he will get a chance to hold it at a relatively low price. But those who are not experienced are not able to easily except this bearish. They became restless due to the dumping of the market and started emptying their holdings. This kind of tendency is often seen especially in the case of newbies. And the experience take the advantage of that opportunity.
Bearish period if we have capital we can buy more coins we want, but if there is no capital we can only wait for the market to return to bull. I still have a little free fund to buy coins that I like and last week I bought them. It is likely that the price of bitcoin will struggle for the next few weeks, so there is no need to panic because this is common in the crypto world.
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Re: Bitcoin Dump
« Reply #87 on: August 22, 2024, 10:36:33 PM »

Yes, bearish period is the most favorable time for an investor. At this time if one buys Bitcoin then he will get a chance to hold it at a relatively low price. But those who are not experienced are not able to easily except this bearish. They became restless due to the dumping of the market and started emptying their holdings. This kind of tendency is often seen especially in the case of newbies. And the experience take the advantage of that opportunity.
Bearish period if we have capital we can buy more coins we want, but if there is no capital we can only wait for the market to return to bull. I still have a little free fund to buy coins that I like and last week I bought them. It is likely that the price of bitcoin will struggle for the next few weeks, so there is no need to panic because this is common in the crypto world.
I sold some of my assets in July and converted them into USD so in August when the dump happened, I was able to buy some potential coins and now I have made a profit if I sell them now because the price of bitcoin has risen to $60K, but it hasn't reached the same level. my target. I will sell it when the price of bitcoin reaches $70K

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Re: Bitcoin Dump
« Reply #88 on: August 23, 2024, 06:41:07 PM »

I sold some of my assets in July and converted them into USD so in August when the dump happened, I was able to buy some potential coins and now I have made a profit if I sell them now because the price of bitcoin has risen to $60K, but it hasn't reached the same level. my target. I will sell it when the price of bitcoin reaches $70K
You are lucky because you have converted all your crypto assets to USD in July, dude. I should have learned from you because I haven't had time to sell my assets and got stuck because suddenly the price of bitcoin plunged, reducing my assets a lot and there was no way I could sell my coins at a loss.

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Re: Bitcoin Dump
« Reply #89 on: August 24, 2024, 05:58:16 PM »

I sold some of my assets in July and converted them into USD so in August when the dump happened, I was able to buy some potential coins and now I have made a profit if I sell them now because the price of bitcoin has risen to $60K, but it hasn't reached the same level. my target. I will sell it when the price of bitcoin reaches $70K
You are lucky because you have converted all your crypto assets to USD in July, dude. I should have learned from you because I haven't had time to sell my assets and got stuck because suddenly the price of bitcoin plunged, reducing my assets a lot and there was no way I could sell my coins at a loss.
I was trapped and had not had time to sell my coins before the correction occurred, I also waited for the bitcoin price to improve again. Currently bitcoin has started to touch $ 64K, the possibility of bitcoin prices soon reaching more hold $ 70k if no negative news hits.

 

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