Post
Topic
Board Trading Discussion
Re: Bitcoin Dump - The Worst Thing
by
tbterryboy
on 12/12/2019, 04:45:13 UTC

Agree that's why there's no need to be afraid on the situation of the alts since for sure there is a great comeback coming unto them when there's a great things will happen on bitcoins and we should remember that there is a halving coming which could lead for a good price growth so provably  we can experience the great market price bursting just like what happen in year 2017 events.



Although we cannot really control the market, but we can control our emotion, let's always remember that we cannot really force the market of crypto as it is really unpredictable, so we should be able to stay focus and still consider the worst case scenario once the Bitcoin dumps, we should be ready when that happens.
We can't control the market but some big investors do control the market and they often sell off some coins from time to time to make the market panic and buy more bitcoins at a cheaper rate. What people must understand is that if there is no genuine reason why price is dropping for example mt gox scam happened that time it's obvious price to go down but if there is no visible reason why the price is going down, then we must understand that someone or maybe a group of people are trying to control the market and we as small investors must not fall into such traps.

The more serious we as traders get the least we will be affected by sudden market falls and swings. Similarly when price goes up, we should not be too happy about it because each pump is followed by a dump later.