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Topic: Crypto asset prices weaken - page 9. (Read 1470 times)

hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
February 18, 2022, 12:31:48 PM
#16
Pump and dump was just a common thing in the crypto market and i think people have seen this so many times and they are already familiar with the dump that happened instantly. The crypto market is not weakening but it's only following the stock market. The stock market is facing a big dump like crypto. There was also a similarity between both. The big company stock was also going down. There will always be a pump after dump. bitcoin has been dumped to the almost 30k last few months and it will not repeat again. BItcoin will be very stronger right now. This is just a matter of time until it will be going back again to the 44k. This movement is always repeating anytime. People must not feel surprised.
hero member
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February 18, 2022, 11:00:30 AM
#15
I've seen that many times dude, it's not new to me.

The only trend I saw now based IMO is that the market started to be bearish already, a bounce-back is not strong enough to break the walls, and since the bull run has happened last year, then we have to expect that anytime big correction may come, be ready for the dip.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
February 18, 2022, 10:57:27 AM
#14
This may be a problem for some people but for me, this is another golden chance to accumulate more tokens. I have sold some altcoins when the price of bitcoin was touching around 44k and im so glad to take another profit in a short time. This dump is just temporary. So many people are getting fear due to the announcement that has already been made by the fed. It needs more time for the market to recover. The problem is global economy is not good right now. Any countries face very big inflation like US. People are preparing themselves for the worst thing that can happen anytime soon. You must not be scared to see the red candle as long as it can defend 40k price and that's fine. Ah we break 39k and this may not become a good sign for us.
legendary
Activity: 3108
Merit: 1029
February 18, 2022, 08:29:44 AM
#13
It's not even bigger compared with bitcoin got dumped from more than 45k to the around 32k in two days. This was the worst dump that i have ever seen after 2020 dump that was making bitcoin jumping from the top to the bottom in a short time. It seems like bitcoin will be going even deeper again. The tention between rusia and ukrain was triggering so many things to go down like stock and crypto. Remember that even oil being affected caused by this problem. The price of crypto is going down but i hope if this just temporary or bitcoin will not go down below 40k. that will be a disaster if that will be happening.
fvb
member
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February 18, 2022, 05:40:10 AM
#12
All these negative news undoubtedly affect the movement of the market. The media is pumping the community with constant bad news and I don't think you should believe it too much. Without positive thinking, it is very difficult to live in our time. And as telefy wrote in his post above on the topic of the forecast for the fall of two coins, I very much doubt it.
hero member
Activity: 2184
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February 18, 2022, 05:35:24 AM
#11
Of course this is a big loss for the crypto market today.
I would like to call that as a correction rather than a loses and it's caused by as long as people still holding their assets and it can go back again anytime soon. I do know that so many people are feeling worry once the big dump happened but this is as a reaction from latest news that comes from The FED. We know that the world economy is not stable right now and the bearish market is a common thing right now.
Im sure that the recovery will come soon but it seems like this will take even longer for bitcoin to surpass 45k again.
The inflation has become major problem for almost all of countries.
jr. member
Activity: 75
Merit: 4
February 18, 2022, 04:51:32 AM
#10
Correction is a necessity in crypto market but this one seem different, BTC is getting weaker and weaker as you can see it's finding it hard to reclaim past ATH again, this will go on for some while till stronger bears finally take over.
hero member
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February 18, 2022, 04:45:46 AM
#9
Of course this is a big loss for the crypto market today.
I don't think so. Bitcoin was $33k a few week/s ago and we're still up from that price if we're looking at bitcoin's price today. I'm just realizing that we're still up from that point.
And what we should do is analyze if we're really at loss from the lowest that we've seen. Because if we're going to analyze it, everyone who has bought at that dip is up by now. But if not, it's an individual's loss but not as big that you say for the market.
hero member
Activity: 1400
Merit: 623
February 18, 2022, 04:07:31 AM
#8
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.
There is a threat of war that can happen in Russia and Ukraine that makes the price of crypto even stock market down. We cant guarantee whether the price will pump or recover yet. Hopefully peace will happen in the said countries to not make the price of crypto drop to deep. It’s a opportunity to biy but we should be updated in news to know whether to bu now or sell some.
hero member
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February 18, 2022, 04:35:25 AM
#8
Be prepared for a decline that has already occurred and may fall further. That's all we can do but you'll get a good chance to buy as much as you want, especially if the price drops further. But hopefully the bitcoin price doesn't drop below $40k but can stabilize at current levels. Market conditions are indeed going down but you should not panic. Many reasons cause the market to decline once again but unfortunately we don't know exactly what happened and are just guessing. Hopefully after this, the market will get another green candle and the coins in the market can rally to higher prices.
full member
Activity: 1024
Merit: 100
February 18, 2022, 03:16:46 AM
#7
if you see market today you will see everything is plummet not just crypto, stock as well the war between russia and ukraine the fed with interest rate and inflation rate goes high people will save the money for stable coin right now

i saw bunch video that discussing about this on youtube "The tappering will exist for 2 years" "Crypto Winter and the bearish taking over"
You're right, the issue of the Russia-Ukraine war has become a hot topic in recent weeks and this has caused the stock market, especially Europe, to also experience a decline. so it's not just in the crypto market. plus the news that the fed wants to raise interest rates month by exacerbating the current situation. bitcoin is above 40k, which is actually a great thing so far. given a lot of negative speculation thriving, I wouldn't be surprised to see bitcoin fall deeper.
full member
Activity: 994
Merit: 100
February 18, 2022, 12:48:02 AM
#6
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.
hero member
Activity: 868
Merit: 737
February 17, 2022, 11:57:45 PM
#5
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.
that's how it is when trading, you shouldn't leave the market while red, don't be late to sold the assest when hearing Roar of sirene
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
February 17, 2022, 10:53:55 PM
#4
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.

If you are not new in the market, you should be use to such types of dumps and corrections in the market. We have seen even bigger dumps and markets recover after that period.
There is no need to panic unless you have taken trades in futures market and have fear of liquidation of positions.
Anyhow, the overall altcoin market is very weak now and altcoins dumps a greater percentage as compare to bitcoins.
legendary
Activity: 3080
Merit: 1353
February 17, 2022, 10:19:12 PM
#3
It's not just crypto market that has weaken or lost so much value in the last 24 hours, even the stock market crashes today due to the news of the looming war in Russia.

So that's worrisome for the majority and perhaps it trigger another sell-off in the market. On the other hand, maybe Russians and Ukrainians will see the potential of hedging their wealth on crypto. So we will see if there will be lingering effects in the next two days.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
February 17, 2022, 09:32:51 PM
#2
I hope you are not too worried because it looks like the market is experiencing another correction at the end of this week and hopefully, next week, the market price can rise again higher.
Almost all altcoins have experienced a decline because they followed the movement of bitcoin down and back to the $40k level so we have to calm down and wait for the right time to buy at a low price.
Yes, it is a loss but didn't we already profit from the previous gain?
It is our chance to buy more with the profit we already got, so better take that opportunity.
full member
Activity: 686
Merit: 100
February 17, 2022, 08:23:13 PM
#1
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.
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