Quote from: numanoid on Today at 05:23:44 AM

Quote from: irsykes on May 24, 2021, 06:35:30 PM

Quote from: Japinat on May 19, 2021, 01:28:24 PM

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

I think i am ok with it, maybe need more time to hold bitcoin and other alts. But make sure altcoins that we hold really have fundamenal support. Because sometimes, when bitcoin price down, people will sell their alts too and then convert to bitcoin and then they convert to fiat. That can cause bitcoin price dumped.

Lol? What's the reason for them to convert their alts to btc and then dump their btc? When market crash happened, they were dump their bitcoin, which make btc price down and it make other alt also dump too as all alts are following btc price. So if btc got dump, alt got dump as well, but if alt got dump, btc could be affected too or not.

Sorry i forgot to add "in my mind" Grin

. Because in past i keep think about that, maybe it is wrong but sometimes i think there are people who panic and dump their alts to bitcoin first so they can sell bitcoin to fiat, that is why altcoin dumped when bitcoin price fall in my mind before.