Post
Topic
Board Altcoin Discussion
Re: September 21. HUGE dump!
by
Almasani
on 21/09/2021, 21:51:12 UTC
The market seems to be bleeding now, Bitcoin is only down by 8% at the moment but major altcoins are down double digit.
https://coinmarketcap.com/

Will this be the start of the bear season?

We haven't witnessed a long and major dump this year yet, so seeing this might cause some panic especially on the altcoins holders as they are the ones who will significantly be affected since we know what would happen to altcoins if bitcoin struggles.

As per Binance exchange, the 24 hours low of bitcoin is $42500, so what's next?
https://www.binance.com/en/trade/BTC_USDT

We can only hold all assets at this time because market conditions do not allow it to sell. Let's see two months later, I think the market will grow big. The bull run is not over yet even though the current state is being dumped. Prepare your dollars in large quantities to buy the next stage of crypto.
I will wait for the next two stages of the bull run, probably in December, and April 2022. I wouldn't worry about the current red market and hope crypto holders don't panic. So that you don't experience big losses if you have already bought at a high price.