Are the markets at the peak?

[Deleted member 403]

Are the markets at the peak? There has been a lot of pumps but not a lot of dump over the past few weeks in the Crypto Market. Should we prepare ourselves for a dump? Just look at Dogecoin today, for example.

 

[Ralphjoe]

The market are currently not at their peak and so I wouldn't advise anyone to dump their cryptocurrency at the moment as the market still has some potential of rising beyond their current value. For long-term investors in cryptocurrencies they shouldn't be thinking about dumping their cryptocurrency yet as the prices will still rise further beyond what it's currently worth. Dogecoin is a cryptocurrency that will always rise in price due to the influence of Elon Musk, if I had Dogecoin, I would never dump that coin at anytime.

 

[Nomad]

market peaked in May when bitcoin was $64K and Ethereum was $4300 and a lot of other currencies were also at the all time high. But now all currencies are in the bearish run.

 

[Nurudeen]

Just like you said, the dump has already happened and I think the bounce is coming back again and that is why I really don't like crypto currency exchange Business. The business is just too full with lots of manipulation in place

 

[FreshKaz11]

In the world of crypto currency coin anything is possible to happen, so anything it bring come to the table am always aware of it so it doesn't affect me in anyway though.

Are the markets at the peak? There has been a lot of pumps but not a lot of dump over the past few weeks in the Crypto Market. Should we prepare ourselves for a dump? Just look at Dogecoin today, for example.

 

[Kelly5]

Actually as at the time of this post, the reverse was the case here. Markets were actually experiencing dumps rather than at their peak

 

[Dowenship]

Are the markets at the peak? There has been a lot of pumps but not a lot of dump over the past few weeks in the Crypto Market. Should we prepare ourselves for a dump? Just look at Dogecoin today, for example.

As the theory says whenever their is a pump be expectant of a dumb likewise, but not that the Market is relieved from the dump then the pump.

 

[Heatman]

Are the markets at the peak? There has been a lot of pumps but not a lot of dump over the past few weeks in the Crypto Market. Should we prepare ourselves for a dump? Just look at Dogecoin today, for example.

Seriously I'm not really bothered about what is happening with the coins right now because I'm actually buying more than I am selling which is the best thing for you to do because when you sell, you utterly lost out on everything that you're supposed to gain.

 

[jeff87]

Are the markets at the peak? There has been a lot of pumps but not a lot of dump over the past few weeks in the Crypto Market. Should we prepare ourselves for a dump? Just look at Dogecoin today, for example.

This is what I learned in cryptocurrency. When the price goes up prepare yourself because soon the price will go down. That is the volatility of cryptocurrency. The price is fluctuating every bit of a second. The price goes up and down so very fast. It's not steady like a dollar today, tomorrow, next week it's still a dollar.

 

[Khalidumra]

As I always say BTC is the deciding factor of most coins bit people won't agree to it with me
Market ain't at its peak already a small dip is coming before going back to it's peak

 

[Dowenship]

As I always say BTC is the deciding factor of most coins bit people won't agree to it with me
Market ain't at its peak already a small dip is coming before going back to it's peak

Lol... I wonder those that still think that btc isn't the deciding factor of other coin. Although some coin are making bull run despite the bearish season.

 

[Alexandoy]

I am only looking at the market price of Bitcoin. From the bottom level of $29k last month it went up to around $40k level last week. But today it is at $37k which means the price is still fluctuating. That is an indication that Bitcoin transaction is loading up the market. I guess the fluctuation will continue between $35k up to $45k this month of August.

 

[HayKay]

The markets still have the potential to grow - a lot of people are beginning to come into the cryptocurrency space and we expect a lot more money to be pumped. New projects keep emerging and people would keep keying into them.

 

[kayode10]

The market is experiencing deep at present. The majority of the cryptocurrency trader are now losing money as the price of the coins are going down by the day. To be very honest this is the best time to buy cryptocurrency and hold for long. This will help to position yourself as part of those who are going to make profits in the future.

 

[joy101]

I am only looking at the market price but believe that the market still have a good potential, because is good to buy cryptocurrency and also hold it for long so to make profit from it.

 

[Skysaint]

The market went really bearish lately to the extent that many people actually saw it as the end of Bitcoin but on the other hand, I see it as a phase in the existence of cryptocurrency that actually let more people to invest in most coins; meaning that the market will surely bounce back.