Re: Bitcoin Dump - The Worst Thing

Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

yes, that's for sure. so we should look at how Bitcoin is judging the alts. We have to accept long-term losses as the price of bitcoin has not grown in the last 5 months as it is in a downtrend. This is a great experience for us in the next few years. The thing that we should do now is to store bitcoins now and make a big profit in 2020. One way to be profitable in the long term.

But also no one will guarantee bitcoin in 2020 will better compared to this year because i'm really sure bitcoin price is controlled by the group of whales. All we have to is follow their wave and don't get trapped by FOMO. We have to ready with any condition that will come next year but i have a feeling the price will pump one year after the halving just like the bitcoin halving before back in 2016

Bitcoin dump can be the best thing if you had plans to short it. If you sold right before the drop, that drop is the great buying opportunity for you. Depending on the drop, you can double your bitcoins if you hit the right time for selling and later for buying.
In crypto you can try to turn every situation in your advantage, its a skill! At least try to something more before you start complaining.

Yes, dumping is natural and if the price fall makes us worried its no big deal if you sell your coins when projects are at height and you will make a huge profit but if you will sell at dump it is huge lose of your money better keep holding and controlling the emotions to become worried. Patience is the key to success in the dumping market.

Sometimes dumping is the best solution for us to gain back since if you do a cut loss and buy again for sure you will get back what you lose or you will earn huge money when price goes pump and also I can't actually blame people to get confuse or feel down when they see the market is falling since it's totally depressing to see our hold is losing to much that's why we can see many people crying when market is totally in bad state.