Topic: BLACK WEDNESDAY! - page 2. (Read 616 times)
I also think like you. Wednesday is the dark day of the crypto market. Bitcoin makes us very shocked and loses hope. I wonder if there is some sort of power that is so terrible when dominating the market like that? Bitcoin really has also dropped and doubts about it.
I looked at the Coinmarket Cap today and almost all of the top 100 Crypto Currency has fallen! All I can see is that fight after the collapse is TrueUSD, USDcoin and Nasda coin. It's definitely hard to recover from this downturn but we just wait for it because I'm sure that the price of bitcoin and other altcoin will rise again and we can recover from our losses.
Yes, high awareness and staying calm will make you easily able to avoid losses, because if we realize this is only a correction and indeed often happens in any market I think, chances are we will not panic and keep holding it, but if there is someone who has high enthusiasm with crypto, so I'm sure this will make him buy more bitcoin and maybe other crypto. It seems that indeed there will be something profitable and disadvantaged to take advantage of moments like this. I looked at the Coinmarket Cap today and almost all of the top 100 Crypto Currency has fallen! All I can see is that fight after the collapse is TrueUSD, USDcoin and Nasda coin. It's definitely hard to recover from this downturn but we just wait for it because I'm sure that the price of bitcoin and other altcoin will rise again and we can recover from our losses.
The market will recover, but we are now to way far from the next bull market. Patience is king.
I looked at the Coinmarket Cap today and almost all of the top 100 Crypto Currency has fallen! All I can see is that fight after the collapse is TrueUSD, USDcoin and Nasda coin. It's definitely hard to recover from this downturn but we just wait for it because I'm sure that the price of bitcoin and other altcoin will rise again and we can recover from our losses.
Not only the bitcoin prices are falling all the top 100 cryptocurrencies are falling! (with the exception of USD coin, TrueUSD and Paxos Standard Token). Are we seeing the beginning of the end of bitcoin and the cryptocurrencies?... The people are losing a lot of money they are panicking and scared. What this could be all about?
Take a quick look at https://coinmarketcap.com/ and watch for yourself how the top 100 are falling and tell me what you think
Take a quick look at https://coinmarketcap.com/ and watch for yourself how the top 100 are falling and tell me what you think
I think that it's totally normal. Have you ever seen the btc cycles? Do you understand at which point we are in now? Examine these to get a clear answer if everything goes as it planned.
P.S. Yes, everything goes fine, at least so far.
Not only the bitcoin prices are falling all the top 100 cryptocurrencies are falling! (with the exception of USD coin, TrueUSD and Paxos Standard Token). Are we seeing the beginning of the end of bitcoin and the cryptocurrencies?... The people are losing a lot of money they are panicking and scared. What this could be all about?
Take a quick look at https://coinmarketcap.com/ and watch for yourself how the top 100 are falling and tell me what you think
Take a quick look at https://coinmarketcap.com/ and watch for yourself how the top 100 are falling and tell me what you think
6 months ago, we are not surprised how bitcoin price comes to more than 20k, we should not react too much in declines. Directing people to fear will make this market more dangerous. There's no other choice but to wait.
Not only the bitcoin prices are falling all the top 100 cryptocurrencies are falling! (with the exception of USD coin, TrueUSD and Paxos Standard Token). Are we seeing the beginning of the end of bitcoin and the cryptocurrencies?... The people are losing a lot of money they are panicking and scared. What this could be all about?
Take a quick look at https://coinmarketcap.com/ and watch for yourself how the top 100 are falling and tell me what you think
Take a quick look at https://coinmarketcap.com/ and watch for yourself how the top 100 are falling and tell me what you think
I also watched it and monitored it too, but it doesn't lead me to be afraid for what happening in the market. But I now lot of the community really got scared were bitcoin down to below 6000$, but this things is a sign for me that bull run is nearly close to be happen. So we still hold our coins more.
(with the exception of USD coin, TrueUSD and Paxos Standard Token).
these coins are called "stable coins" for a reason! they are supposed to ALWAYS have the same price no matter what is happening in the market. the most famous example is Tether or USDT and as we all know they are not really that stable, they also fall from time to time and worst of all is that they are centralized and risky to use.
as for the price drops, this is only because of manipulation and the BitcoinCash crap that is going on these days. and as soon as it is over we will be back to normal with bitcoin price.
It really hurts and very sad to hear drop of bitcoin prices especially when we all expect something positive increase in the price. But let us not give up and we know bitcoin will come back as the mother of all coin.
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We must prepared for something like this. It is hard but something we must face in bitcoin's world. Volatily must be known by a lot of people so they not complain or blame bitcoin when it's price down like this.
Maybe the big dip for people to scoop up before a meteoric rise? Who knows, I do expect something good to happen this year to make up for the rest of the year.
That does not mean bitcoin is dying, we keep hearing this all the time and you know what? Whenever I hear Bitcoin is dead, it means the price is ready to increase.
Merely looking at the topic "Black Wednesday", i flash back to old days were the whole market turns red over a couple of days before the market itself jet back with a significant bull run. The crypto-community can do more injuries to themselves if not HODL till the current situation in the market normalize, let's us all HODL things will get better.
Indeed! We won't be greatly affected if we are on this for a long run, imagine those people who bought Bitcoin when it was less than a hundred USD and waited until last year. This mere drop does not mean an end for bitcoin but rather another opportunity to buy at a great discount. HODL and wait for the price to recover. This reminds me last year when bitcoin price plummet trapping those bears and released a barrage of bulls running to break its ATH several times.
Black Wednesday indeed. I'm not one to fall for prophecies, doom or otherwise, and there's no light at the end of the tunnel, or ray of sun beyond, nor a steep spiral to death. At least, not for the foreseeable future of years.
But I'll add something positive - if this is the extent of a single day decline, if this is the blackest and it's the low of the year (in the same year we saw ATH), then we really should be breathing a sigh of relief.
Still plenty of time left for Bitcoin to surprise us though.
But I'll add something positive - if this is the extent of a single day decline, if this is the blackest and it's the low of the year (in the same year we saw ATH), then we really should be breathing a sigh of relief.
Still plenty of time left for Bitcoin to surprise us though.
for me, this black wednesday was a new signal for additional purchases, good prices to average own positions.
yea the prices are falling but don't let it discourage you. HODL
Yeah, this is the most common advise here. You would say the same all down to 200$. And Your argument is: IT WILL RISE BACK AGAIN.
Why? You have no clue. It just has to rise!
Merely looking at the topic "Black Wednesday", i flash back to old days were the whole market turns red over a couple of days before the market itself jet back with a significant bull run. The crypto-community can do more injuries to themselves if not HODL till the current situation in the market normalize, let's us all HODL things will get better.
this is really a black friday for cryptocurrency. But we should adopt the courage not to cause panic sales, lets continue to hodl on to our coins, lets continue being positive in this crypto space.
yea the prices are falling but don't let it discourage you. HODL
How many of you get the victimized by the word HODL? At first major fluctuation I was able to sell my crypto and then buy out when the crypto was cheap. Relatively I earned more crypto that time because I bought it cheap. However, this figure may still drop for more or even worse it will be gone and bitcoin will going to end. So for now the best thing to do is Sell and observe Market price movement. Jump to: