I know one of the reason.
Bitconnect
They were 2 Billion Dollar Crypto and was in Top 10 at a point in time on Coinmarketcap and Today their Price dropped 95%
Beginners who invested in them are crying like a baby now. This was suppose to happen sooner or later, Question was just when and today it did. Let's enjoy that one of the Ponzi is out. There will be more trust in the market.
Topic: Crypto Bloodbath.. - page 5. (Read 961 times)
For first it's seems so strange for me, but read some trader prediction for Bitcoin is always happen every year on January and february the price down and will recovery on next month and get next all time high.
Get used to it , crypto market is full of risk . Which means the possibility to get super huge profit is there.People don't want to sacrifice to have a bad moment before they could receive a sweet unexpected winning.
That's crypto where patience, waiting on the drop is really being tested , try to relax!
Don't worry because it is just a drop down of crypto currencies. Soon it will moves upward and upward because this is the reality and we need to stay cool.
Cryptotrading is not for emotional people.
When starting cryptotrading you should quit emotion and don't panic sell or panic buy. This phenomenon is normal, it happens that after a HUGE increase (I want to remember that we were at 17 Bn marketcap at early 2017), a correction is going to happen.
Many can say that it's just a correction, other as a beginning of a bearish trend. In my opinion we will recover in weeks/months: This is a fast growing market with a lot of things ahead.
SO I will put some big buy orders on the way down
(I'm not trading with 2 cents, lost a lot of K$ in the previous 48 hours, but I'm still sleeping well and happy).
When starting cryptotrading you should quit emotion and don't panic sell or panic buy. This phenomenon is normal, it happens that after a HUGE increase (I want to remember that we were at 17 Bn marketcap at early 2017), a correction is going to happen.
Many can say that it's just a correction, other as a beginning of a bearish trend. In my opinion we will recover in weeks/months: This is a fast growing market with a lot of things ahead.
SO I will put some big buy orders on the way down
(I'm not trading with 2 cents, lost a lot of K$ in the previous 48 hours, but I'm still sleeping well and happy). 
For first it's seems so strange for me, but read some trader prediction for Bitcoin is always happen every year on January and february the price down and will recovery on next month and get next all time high.
Get used to it , crypto market is full of risk . Which means the possibility to get super huge profit is there.People don't want to sacrifice to have a bad moment before they could receive a sweet unexpected winning.
That's crypto where patience, waiting on the drop is really being tested , try to relax!
For first it's seems so strange for me, but read some trader prediction for Bitcoin is always happen every year on January and february the price down and will recovery on next month and get next all time high.
I think this is just caused of the south korea news banning crypto trading. If you remember the China news same thing happened crypto market was a blood bath but we should remember as well on how fast the market was able to recover.
The news about South Korea banning crypto trading is just a FUD. South Korea released their statement that there will be no banning. They just want to regulate the trading sites. Yes Bitcoin and altcoins will surely recover from this bloodbath. No need to worry and panic.
Debit cards like cryptopay and payza are also not going to be working anymore, so ths is also affecting now how many of us peeps can get our money out, they want to make it difficult for people in crypto as much as possible in order to get people to not invest in this technology and not make a better life. I am all behind crypto, even if my bags all die, I am stll behind the technology and the problems it can solve. Maybe this is the end of the short lived bull run and we are going down further or it may rebound much stronger than before, shaking out all the newbies who just went in for a quick buck and those internet marketers pluggng scams.
For first it's seems so strange for me, but read some trader prediction for Bitcoin is always happen every year on January and february the price down and will recovery on next month and get next all time high.
I think this is just caused of the south korea news banning crypto trading. If you remember the China news same thing happened crypto market was a blood bath but we should remember as well on how fast the market was able to recover.
For first it's seems so strange for me, but read some trader prediction for Bitcoin is always happen every year on January and february the price down and will recovery on next month and get next all time high.
The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.
Nothing to worry if you are a believer, the price will be back up soon. Weak hands will dump for sure so that is the time to take advantage of their ignorance, we have seen this many times, when the market correct
the next thing will happen is another pump, just stay cool and put that patience in your heart, we will survive this.
Next pump will really happen there are market control behind this dump. So buy dips right now and keep holding that one.
Looks like correction before next massive pump but who really know
It's most definitely a correction, and a fairly severe one at that. What remains to be seen is if and how bitcoin is going to rebound. I'm prepared for this being only one leg down in a massive crash--the end result of all the idiots piling into bitcoin, not knowing exactly what they're buying, but buying it at an all-time high. You know, just how it happens in every bubble since the dawn of financial markets.This doesn't bother me at all, since I currently don't have a lot of bitcoin, and I've been expecting this for months now. Most of me thinks we'll come back to $19,000 within a few months and then go higher. As they say, the bull market still has legs (I think).
Bitcoin has taken a dip in January in 2015, 16 and 17. Look at a chart and January was the low level for each of those years.
If history repeats itself with BTC, this correction will be the low point for 2018. No one really knows where the bottom is, so people scale in if they are going to take a position in an asset. Previous major highs are typically support, same with moving averages like the 50, 100 and 200 dma.
Most of the BTC pullbacks that I've witnessed have been sharp V bottoms. Check out the 4hr and 1 hr charts.
If history repeats itself with BTC, this correction will be the low point for 2018. No one really knows where the bottom is, so people scale in if they are going to take a position in an asset. Previous major highs are typically support, same with moving averages like the 50, 100 and 200 dma.
Most of the BTC pullbacks that I've witnessed have been sharp V bottoms. Check out the 4hr and 1 hr charts.
Well, it seems that lot of people believe that a currency can grow forever... of course not.
Currencies - look at forex - go up and down. That's all
It just due to SoKor and China banning, both Cpunyry always finds a way to buy at low price and it's quite effective, so we just need to follow them on buying mpre and hold till they goes to the moon again. Currencies - look at forex - go up and down. That's all
Well, it seems that lot of people believe that a currency can grow forever... of course not.
Currencies - look at forex - go up and down. That's all
It just due to SoKor and China banning, both Cpunyry always finds a way to buy at low price and it's quite effective, so we just need to follow them on buying mpre and hold till they goes to the moon again. Currencies - look at forex - go up and down. That's all
If you can't beat them join them!
So let's just go what China and South Korea wants and let's buy more. We all know that when fud is about China it have a really big impact in the market so be used to it as they're always greedy to own more. Surely, they're the big whales in the market so don't get fool and don't give your money to them.
Well, it seems that lot of people believe that a currency can grow forever... of course not.
Currencies - look at forex - go up and down. That's all
It just due to SoKor and China banning, both Cpunyry always finds a way to buy at low price and it's quite effective, so we just need to follow them on buying mpre and hold till they goes to the moon again. Currencies - look at forex - go up and down. That's all
There are also people saying that another reason for the bearish is because Chinese are selling their coins because they need money in preparation for their upcoming Chinese New Year. Lol. Yes you are right. It is the best time to but more coins. After this bloodbath, expect price increase of your investments.
For my personal opinion, the "Bloodbath" is normal.
In the crypto market, we usually can see the price go up or down more than 10%, or 20%.
If you think it normal when the price go up 20%, then you should be used to the down 20%.
In the crypto market, we usually can see the price go up or down more than 10%, or 20%.
If you think it normal when the price go up 20%, then you should be used to the down 20%.
Well, it seems that lot of people believe that a currency can grow forever... of course not.
Currencies - look at forex - go up and down. That's all
Currencies - look at forex - go up and down. That's all
This is exactly why it is called a market - there are not only those who buy, there are also whose who sell, and when those who sell happen to be more than those who buy... well, then things like today happen.
Well, it seems that lot of people believe that a currency can grow forever... of course not.
Currencies - look at forex - go up and down. That's all
It just due to SoKor and China banning, both Cpunyry always finds a way to buy at low price and it's quite effective, so we just need to follow them on buying mpre and hold till they goes to the moon again. Currencies - look at forex - go up and down. That's all
Well, it seems that lot of people believe that a currency can grow forever... of course not.
Currencies - look at forex - go up and down. That's all
Currencies - look at forex - go up and down. That's all
The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.
After all these years do have engagement on crpytocurrencies these kind of scenarios isnt already new to us.Bloodbath can happen anytime but knowing the actual reasons then it would be hard but we can assume that this is just simply a sell off for those people who did buy earlier.Profit taking for short which is normal on this trading world but eventually these kind of dumps wont really last long because sooner or later it will recover no matter what. Jump to: