Crypto asset prices weaken - page 7.

Anguwa

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Quote from: aruldaroy on February 17, 2022, 08:23:13 PM

Last Thursday, February 17, 2022, the crypto market faltered and lost 11.24 percent in 24 hours.
Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours.
Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours.
And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.

Of course this is a big loss for the crypto market today.

This week, the price of bitcoin has begun to rebound, reaching $38, 855, while BNB has risen to $381.4 and ETH has risen to $2,730.3. May this be a sign that the market will soon find its equilibrium, and practically all altcoins are currently attempting to rebound as well. We hope to have a stable market soon.

Finestream

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Quote from: aruldaroy on February 17, 2022, 08:23:13 PM

~snip~
Of course this is a big loss for the crypto market today.

When the market price has experienced a significant increase that occurred at the end of 2021 and has made almost all coins on the market able to reach new ATH in that year, then with the current correction in my opinion it is a natural thing and this has become the law of the market so far this is because when the price has reached ATH then some people or investors will leave the market temporarily out to take the profits that have been obtained.

The price decline we have witnessed today maybe a huge effect from Russia and Ukraine war but this does not mean that we will experience the same thing for the following months. Maybe we are having a correction at the moment so expect that prices of crypto will move downward again since bitcoin was heavily affected as the issue intensifies that made its price to plunge again. Source:https://www.cbsnews.com/news/cryptocurrency-bitcoin-ether-russia-ukraine-investors/

adzino

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This is very normal. We can't always have a bullish market, can we? We never know what is going to happen to the market and we are all aware how volatile things can get. So there is nothing to worry about. Keep holding during days like these.

Quote from: aruldaroy on February 17, 2022, 08:23:13 PM

Of course this is a big loss for the crypto market today.

Or may think this way. It's a big "opportunity" for investors today to maximize their profit. What I said stand more true than what you said because there is no loss as long as you don't sell.

tygeade

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Quote from: GeorgeJohn on February 20, 2022, 02:11:24 AM

Quote from: Al Qiyamah on February 18, 2022, 12:48:02 AM

Yes, that's how the crypto world has always been right, when the price is high we take profit and when the price is low we have no other choice but to hold on, the important thing is not to panic. In fact, this is an opportunity to buy tokens according to the money we have. Hopefully it won't drop too much again. And whatever issues that caused this to happen can soon pass.

People have different directive measure of investing their money in cryptocurrency and make profit also, i know buying of alternative coin's is good for some extent, but it's not real to depends on altcoins because altcoins only bring quick profit and in some extent it dies off without the expectations of the investors.

Most of them are like that, just few of them would be worth a long term investment. That’s one of the problems that I do have with Bitcoin. And if you should invest at the wrong time and you happen to miss that opportunity of when the price would bubble or pump, it would be as good as missing it for good, because you would rarely get such chances.

There are Altcoins that I have bought once and I happened to buy them when they were at their peak, Bitcoin has gone up twice, but these coins never had gone again and has just remained bearish, very bad for them. Ethereum and BNB are the altcoins that has steady maintained their increase in value.

stepwilli

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Normal, this is a bearish time so the market will be circling these prices: $30k and $40k for sometime.
We don’t know for how long this would continue to happen.

If you can remember, the market has been below the $40,000 price before eventually crossing that level, and now it has dropped back below that rate. That’s just the normal thing, it would keep fluctuating back and front until the bullish trends starts and then the market would start going up and would cross that $40k price for good to break a new all time high.

So, don’t give up because you’re seeing the market like this, rather now would be that best time for you to hold tight.

Psynthax

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Quote from: Protomono on February 21, 2022, 02:38:27 AM

As far as I know there is a threat of war between Ukraine and Russia thus weakening both markets. Even so, don't panic, keep monitoring so you can be careful.

Of course, geopolitical reason has become the main problem that was triggering the market to go down. I hope that the tention will be going down soon and we will be seeing people massively to go in again in the crypto market. War will not solve anything and that's about a greedy country that wanna make a domination to the another country. This is making so many people are feeling worry with the condition of market.
This will not so good for crypto in long term. The stock and crypto market can go to the another bottom level again when the war will be happening.
This global problem will triggering so many problems in the future and im sure about this. that's why crypto price is going down.

D ltr

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maybe a natural and common thing for trading players, the situation goes down very deep
but behind it all there must be factors that support why the market is down as it is now .
Right now it's enough to hold back in order to get a return, not a loss

RealMalatesta

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Quote from: Farma on February 21, 2022, 01:51:42 AM

if you look at it from a few days ago. if you look at this since 2013, then you will see thousands of percent gains from the popular crypto.
do not see the development of prices from a few days or months, buddy. You need to do more extensive research. some circumstances may force people to sell their assets and cause a decline, but it will most likely recover.
In addition, if you look at the daily price movement, you may see a deep decline, or a high increase. however, if you broaden your horizons, then you will see really very high price increases happening year after year.

Since 2013? Better if you start counting from the beginning because some cryptos like btc have started earlier than 2013 and by that date hit they already have significant gains but its not all about gains. Crypto doesn't revolve on one side only but there is also a side where the market turns red. This what OP needs to realize. They listed a couple of coins and a few of it are not really worth it to hold in my opinion.

One of it is of course dogecoin, we all know the story of this coin. I don't wonder why this coin suffer a decline. Another coin that have gone bad is ETH. So, for me, no need to cry for their losses. We only need to worry for btc and cardano.

kotajikikox

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Quote from: Protomono on February 21, 2022, 02:38:27 AM

When the market experiences a decline like that there must be a cause, be it the stock market or the crypto market as happened yesterday. As far as I know there is a threat of war between Ukraine and Russia thus weakening both markets. Even so, don't panic, keep monitoring so you can be careful.

Actually many speculative thread tackles about this one , about the incoming war from Russia and Ukraine but if we will keep looking deep in to the matter? crypto market supposed to drop this year because of ,many investors had taken their profit from holding before 2021 meaning the market should really drop this point as it was happening.
but maybe this is also the reason who really knows?
let us be vigilant in protecting our investments., and those who are not ready to keep holding for long term better leave the market now.

Protomono

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Buy $BGL before it's too late!

When the market experiences a decline like that there must be a cause, be it the stock market or the crypto market as happened yesterday. As far as I know there is a threat of war between Ukraine and Russia thus weakening both markets. Even so, don't panic, keep monitoring so you can be careful.

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Quote from: aruldaroy on February 17, 2022, 08:23:13 PM

Last Thursday, February 17, 2022, the crypto market faltered and lost 11.24 percent in 24 hours.
Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours.
Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours.
And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.

Of course this is a big loss for the crypto market today.

Well, you're right, if you look at it from a few days ago. if you look at this since 2013, then you will see thousands of percent gains from the popular crypto.
do not see the development of prices from a few days or months, buddy. You need to do more extensive research. some circumstances may force people to sell their assets and cause a decline, but it will most likely recover.
In addition, if you look at the daily price movement, you may see a deep decline, or a high increase. however, if you broaden your horizons, then you will see really very high price increases happening year after year.

fullhdpixel

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Quote from: aruldaroy on February 17, 2022, 08:23:13 PM

Last Thursday, February 17, 2022, the crypto market faltered and lost 11.24 percent in 24 hours.
Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours.
Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours.
And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.

Of course this is a big loss for the crypto market today.

I understand people not really feeling it right now, because of how much crypto is down, and I understand that we may not be all having the same amount of money in our pockets anymore because of this, I am hurt as well and I wish it was 50k+ right now instead of going under 40k. However, people are reacting as if this is the end of crypto and that is a bit useless.

I mean, yes, I wish it was higher but just because it went down doesn't mean that I am giving up on crypto, or doesn't mean that I will stop working hard to get more crypto. It just means that I would have to accept the fact that it is low for the time being and hope that it gets better in the longer run and wait for that patiently.

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So anyway, I applied as a merit source :)

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Yes, the cryptocurrency market is very bad now.

Depends on how your define bad. If you bought at the high then yes your investment has devalued in the face of the current market and therefore bad. Does not that mean that is bad for everyone? No. Those who are buying at low are excited right now.

Quote

In such a situation we and all of us have had to face a lot of losses.We currently have various coins invested here and we are in huge loss. I can't understand anything at the moment. Because the marketer can understand whether we can sustain our capital in that condition.And I can't say exactly whether the market will grow by 2022.

I assume you had been holding some shitcoins in the past, which have obviously devalued in PnL. What you should have done is sold then when the price was higher just to break even - keep that as a lesson learnt. You could cut the losses and exit them right away or wait for better prices to arrive.

If you think of selling when the market is going down or think of buying when the market is going up, you need to rethink your trading methods. Shitcoins will always be shitcoins, you need to get rid of them when the time is right and not hold on to them. Hold bitcoin, not shitcoins.

7788bitcoin

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the market is indeed down quite a lot at the moment after a high rise in 2021 and a lot of coins reaching new ATH I think this decline is a natural thing maybe at this time a lot of people are experiencing losses because at the end of 2021 news about crypto is trending and a lot of new people want to get a profit in crypto but if you haven't sold your asset you haven't said a loss, my advice is stay patient and hold on to your asset because I'm sure there will be another increase.

The market will rally again but it will take a longer time and depending on the project, if they are not able to produce the results then those projects will eventually die and majority of the coins touched their all time high valuation and anyone who jumped into the market after seeing those rallies will be experiencing a huge loss as majority of the coins went down drastically. If you trust the project hold onto them till the next rally, if not move on to the next one.

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Quote from: aruldaroy on February 17, 2022, 08:23:13 PM

...
Of course this is a big loss for the crypto market today.

There is a very tough showdown between Russia and Ukraine. This showdown concerns everyone. Therefore, the price of everything is falling in the world markets (gold prices are excluded). Frankly, I expected Bitcoin to perform as well as Gold. However, it didn't. For now, I am disappointed. I think Bitcoin (and other cryptocurrencies) failed a serious test. Should have performed better. At the very least, it should have managed to stay stable.

nimogsm

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Quote from: LogitechMouse on February 19, 2022, 05:21:25 AM

Quote from: aruldaroy on February 17, 2022, 08:23:13 PM

~
Of course this is a big loss for the crypto market today.

Looks like the Russia-Ukraine conflicts really is affecting the market not only the crypto market but also the stock market as well.

Well, corrections like this is normal already and we've seen worse than this. Now Bitcoin is at the $40,000 price level already. The question right now is will it hold that price or it will go below that price once again because it is acting as the support right now. I just hope that investors especially those newbies aren't worried with the corrections that are happening.

I believe that the conflict will soon pass and everything will be fine and the market will gradually turn green again.By the end of this month, it will be clear what the scenario will be and how events will develop further.

Flexystar

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You talking about 11-15%, well we have seen the market go rogue and go bearish above 20-25%. That is how much it could go worst. Though we talking about the bearish here, I wanna point out that the market has already gotten up by thousands of percentage.

I always like to think that these small bearish tends are nothing if we are here to invest for longer times. The good fact is we can always buy when they are taking such small dips and await for the grand opportunity to come up.

evichi

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The price of Bitcoin and Altcoins generally has been on decline for some time now. One reason, according to Forbes, is the Federal Reserve, which is planning to raise interest rates this year to combat levels of inflation unseen in the U.S. for four decades. When Federal Reserve raises interest rates, it has the effect of lessening demands for more growth companies like tech stocks and speculative risk assets like cryptocurrencies and Bitcoin (https://www.forbes.com/advisor/investing/why-is-bitcoins-price-falling/). The rise and fall in price of digital assets is nothing new, however, it is still an opportunity to buy/invest. On the average, it is expected that the price will go up again, hence, benefiting the investors.

GeorgeJohn

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Quote from: Al Qiyamah on February 18, 2022, 12:48:02 AM

Yes, that's how the crypto world has always been right, when the price is high we take profit and when the price is low we have no other choice but to hold on, the important thing is not to panic. In fact, this is an opportunity to buy tokens according to the money we have. Hopefully it won't drop too much again. And whatever issues that caused this to happen can soon pass.

People have different directive measure of investing their money in cryptocurrency and make profit also, i know buying of alternative coin's is good for some extent, but it's not real to depends on altcoins because altcoins only bring quick profit and in some extent it dies off without the expectations of the investors.

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Quote from: kojektea on February 19, 2022, 02:33:19 AM

Reasonable correction, we need a price drop to be able to buy cheaper,

No, this is not a reasonable correction. So many politics being played around rusia and Ukraine problem and you must also remember that it's not only coming from there but there are lots of geopolitical problem that happened in another countries as well. This may triggering people to keep their assets instead of using their money to trade.

Quote from: kojektea on February 19, 2022, 02:33:19 AM

maybe if you see 2018 the decline is more than this, it's a small drop I'm sure we can deal with this, be patient to get in on the cheap.

We will have another upper bottom and I think the condition will be quite similar with the dump that occurred a few years ago but the fact that if this needs a long term for bitcoin to recover from the dump.
People can only be patience for this.

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