What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Bitcoin needs to be calm when trading. We have to be very careful especially in dump and pump situations.
You do not have to worry if the price of bitcoin drops. Anyway the price will rise again. But it may not rise again when altcoins fall in price. Many people are losing money in altcoins.
yes that is the nature of bitcoin that it s price increase and decrease from time to time. i am hopeful that in future we will never see any downfall in the rice of bitcoin .