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Topic: CRYPTO CRASH - page 2. (Read 754 times)

jr. member
Activity: 224
Merit: 2
November 19, 2022, 02:41:52 AM
#73
As the price of Bitcoin falls, everyone is saying that Bitcoin and crypto are doomed.  In fact, brother, don't talk unnecessarily, watch carefully and wait for BTC price to increase, then everything will be fine in your market.  If you destroy everything before it starts, it won't work, so wait and wait for the right time to get good results.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
November 18, 2022, 11:23:13 PM
#72
Yes, FUD acts quicker than the hype which takes time before it reaches people.
It's sad to see that many investors still haven't learned the crypto way. There will always be a time like this and selling will be a big mistake just because a large group is doing the FUD.
I mean, look at Bitcoin, it should always be a good example of all cryptocurrencies because it had gone thru FUD that is created by popular people and sometimes even authorities and yet it's still valuable today.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
November 18, 2022, 09:47:50 PM
#71
Agree with what you said, even now regretting doesn't really mean much because indeed with the current condition it seems there is no reason to let go after being hit by Crash so many times like this.
Now all that needs to be done is to wait patiently, nothing else besides that, especially if we have held on for too long, letting go is not a solution in the middle of a crash this time.
if our planning has not reached the target, of course, we have to make another plan to achieve our target.
several options can be taken. but I would rather suggest holding back and being patient until an increase occurs and we will get a profit.
some people have thoughts of cutting loss, we can't blame them. sometimes such options also have benefits. and they will wait for a lower price to come back in and pick them up with profits with a new plan.
legendary
Activity: 2716
Merit: 1383
November 18, 2022, 09:29:38 PM
#70
The cryptocurrency market is game of having fund, when FTX Coin crash, it give many investors opportunity to invest they money into cryto at the dip point. because at that point in time is easy to make profits along the side, base on the coin invested into. The big boys in the industry make a tweet, it affect the market, because the world economy that is already in crises that make people sell off that dropping the cryptocurrency liquidity in Cex exchanges.
In recent times, something bad has happened in the crypto market that crypto investors did not expect. A top exchange went bankrupt this way and millions of crypto traders/investors lost their money. This is a very unfortunate incident which can never be good news for the crypto market. This consequence of FTX will have an impact on many more companies and will have a huge impact on the market. So we are in a turbulent situation now, no one knows how the market will react in the coming days. The market will definitely recover but it will take time. And appropriate solutions to these bad incidents.
This is similar to what we see when banks collapse and not only this affects the people that had money deposited with them, but also other banks which have lent money to it and now they find themselves in problems as well, FTX was a big exchange and it is likely that many exchanges are facing huge problems right now but they are trying to hide it as they know that if they make this information public traders will get their money out of their exchange and make their situation even more difficult than what it is right now.
sr. member
Activity: 1372
Merit: 252
November 17, 2022, 11:20:02 AM
#69
Today's move might take 1 month to achieve, but FUD makes it happen in a day
the bankruptcy of FTX is not a threat for Bitcoin to die, because Bitcoin is Bitcoin even though FTX went bankrupt and caused a disaster in the crypto world of course Bitcoin will live on,
because indeed Bitcoin was created for all people and is very decentralized, there is no CEO in Bitcoin it is just a technology, different with FTT where SAM is the CEO or CEO of FTX.
we all have to calm down and believe that investing in Bitcoin is much better than in altcoins, because indeed altcoins may go bankrupt just like FTX so stay wise in choosing.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
November 16, 2022, 04:16:49 PM
#68
There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
We don't need to worry about the crypto market crashing right now because we have experienced it many times and I'm sure we can get through it well, especially if we have many backup plans to help us survive. But indeed, many people are often trapped when the market declines and lose confidence in the assets they hold but that's because they don't really hold potential assets like bitcoin. They have to learn more to be patient and be able to wait for the crypto market to pick up again.
Agree with what you said, even now regretting doesn't really mean much because indeed with the current condition it seems there is no reason to let go after being hit by Crash so many times like this.
Now all that needs to be done is to wait patiently, nothing else besides that, especially if we have held on for too long, letting go is not a solution in the middle of a crash this time.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
November 16, 2022, 02:15:00 PM
#67
The cryptocurrency market is game of having fund, when FTX Coin crash, it give many investors opportunity to invest they money into cryto at the dip point. because at that point in time is easy to make profits along the side, base on the coin invested into. The big boys in the industry make a tweet, it affect the market, because the world economy that is already in crises that make people sell off that dropping the cryptocurrency liquidity in Cex exchanges.
In recent times, something bad has happened in the crypto market that crypto investors did not expect. A top exchange went bankrupt this way and millions of crypto traders/investors lost their money. This is a very unfortunate incident which can never be good news for the crypto market. This consequence of FTX will have an impact on many more companies and will have a huge impact on the market. So we are in a turbulent situation now, no one knows how the market will react in the coming days. The market will definitely recover but it will take time. And appropriate solutions to these bad incidents.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
November 16, 2022, 01:52:21 PM
#66
There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
Right now it is difficult to know for how long the effect of the FUD is going to remain in place, after the collapse of FTX many exchanges began to send to their customers emails proving they were solvent but then they made some suspicious movements after it, if we see more exchanges collapsing even if they are nowhere near as influential as FTX then I would not be surprised if the price kept crashing and the FUD remained in the market for a very long time.

Yeah right, that will affect the situation if there are more exchange that will collapse even they are not big as FTX but the mentality inside traders and investors mind will be triggered by this kind of situation, they are fearing to lose more after that huge dump that happened with the relation of FTX in this current downfall.

You have to plan your investment and do diligent to investigate while observing the market. You may get that opportunity to buy while everything is falling, then keep your asset and wait for the bounce back.
legendary
Activity: 2716
Merit: 1383
November 15, 2022, 08:07:14 PM
#65
There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
Right now it is difficult to know for how long the effect of the FUD is going to remain in place, after the collapse of FTX many exchanges began to send to their customers emails proving they were solvent but then they made some suspicious movements after it, if we see more exchanges collapsing even if they are nowhere near as influential as FTX then I would not be surprised if the price kept crashing and the FUD remained in the market for a very long time.
jr. member
Activity: 408
Merit: 3
November 15, 2022, 11:42:11 AM
#64
The cryptocurrency market is game of having fund, when FTX Coin crash, it give many investors opportunity to invest they money into cryto at the dip point. because at that point in time is easy to make profits along the side, base on the coin invested into. The big boys in the industry make a tweet, it affect the market, because the world economy that is already in crises that make people sell off that dropping the cryptocurrency liquidity in Cex exchanges.
sr. member
Activity: 1890
Merit: 252
November 15, 2022, 11:24:36 AM
#63
As you can see, there are many FUDs and it all depends on how you will view the FUDs. and in such market conditions, it is highly recommended not to exit the market at an unprofitable price if you have already entered because it is still very difficult to take advantage of the dips – even for advanced traders.
FUD will always be there and for professional traders they are certainly used to it,
they also certainly know what they have to do but for beginners of course they need to be careful and not panic,
most importantly don't panic sell
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 15, 2022, 06:47:34 AM
#62
There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
We don't need to worry about the crypto market crashing right now because we have experienced it many times and I'm sure we can get through it well, especially if we have many backup plans to help us survive. But indeed, many people are often trapped when the market declines and lose confidence in the assets they hold but that's because they don't really hold potential assets like bitcoin. They have to learn more to be patient and be able to wait for the crypto market to pick up again.
newbie
Activity: 96
Merit: 0
November 15, 2022, 05:42:16 AM
#61
There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 15, 2022, 03:13:15 AM
#60
Today's move might take 1 month to achieve, but FUD makes it happen in a day
I don't think we can call it a FUD because the market waited for this movement for about five months and during that time the price moved continuously in a certain zone, So it was certain that the market was going to fall in a very bad way because, Bitcoin tried to break the resistance several times but failed While once he failed to maintain it, it was determined that anything could happen at any time.

The current situation that pushes the investors to panic is something that affects the market condition, those news about FTX
which really create a huge shake to every holder who fear in losing their money.

Not just an ordinary market movement but the influence of the economy outside also creates fears while seeing the damages that
this known exchange did.

It will be going to depend now on how the investors and traders in taking this crash personally for their investment.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
November 14, 2022, 01:25:09 PM
#59
Naturally the crypto market is being driven by news which I liken it to be FUD, because they don't wanna witness what happened then during the previous bear market and I strongly believe it was the FTX collapse which might likely takes from now till January for ful recovery and every investors are trying all their best to secure their funds which is one major thing stirring up the strong dip.
FUD news is now considered bigger after the FTX case was caught and Crypto.com was also issued bad news about this problem, what I saw in Kris's tweet, the CEO of crypto.com said don't do FUD anymore, of course all of this is their panic about assets that are being traded. stored on the stock exchange which is increasingly driven by declining market prices.
This story is sure to be long, the market is bound to have continuous crashes, FUD will continue to spread as I see it, so we stand firm on our stance and be careful of assets on any exchange.
legendary
Activity: 1316
Merit: 1089
Goodnight, o_e_l_e_o 🌹
November 14, 2022, 12:55:31 PM
#58
Fud is what every projects used to battle and no one is free from fud which can crumble the work hard work of a project for year. Everyone is always scared of fud that is why we just need to be prepared and humble ourselves from fake news. Fake news is the major reasons for fud and we have to be very careful how we pass information because this is the major channel where wrong information can causes fud.

FUD is very powerful and it is a great tool used by the few strong ones to outsmart the ordinary users in the market in order to create enough liquidity.
FUD spreads faster than virus, very powerful, yet it could be started with just a single twit.
Until we learn to resist FUD, we must continue to be the victims of this abstract force that distablizes the market for the selfish desire of powerful few.
When the FUD is ripe, it is carried by both the enlightened and the ignorant. It is spread by both the hunted and the hunter.
Even you that knows is a FUD is also scared because FUD is able to bring down a price from $350 to $0.75
This industry is so risky and scary, only invest what you are able to lose.
member
Activity: 546
Merit: 78
November 14, 2022, 12:20:51 PM
#57
Today's move might take 1 month to achieve, but FUD makes it happen in a day
I don't think we can call it a FUD because the market waited for this movement for about five months and during that time the price moved continuously in a certain zone, So it was certain that the market was going to fall in a very bad way because, Bitcoin tried to break the resistance several times but failed While once he failed to maintain it, it was determined that anything could happen at any time.
member
Activity: 393
Merit: 13
Sugars.zone | DatingFi - Earn for Posting
November 13, 2022, 07:34:28 PM
#56
In the crypto community, there is a lot of hype and uncertainty, which FUD takes advantage of. FUD is often targeted at people who don't understand something well enough to know how to judge whether or not it's a good deal, and this is especially true on the Internet, where anyone can say anything about any project.

One person might start spreading rumors about a project for their own personal gain, or because they want to cause panic. So, that everyone else sells and then buys again at lower prices.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
November 13, 2022, 06:58:48 PM
#55
Naturally the crypto market is being driven by news which I liken it to be FUD, because they don't wanna witness what happened then during the previous bear market and I strongly believe it was the FTX collapse which might likely takes from now till January for ful recovery and every investors are trying all their best to secure their funds which is one major thing stirring up the strong dip.
jr. member
Activity: 840
Merit: 4
November 13, 2022, 02:46:46 PM
#54
It all boils down to careful and manipulative fud since Kris of crypto.com came out saying the deposit that was raising so much dust was done way back in March and to their whitelisted wallets. Crypto.com proceeded to withdraw the funds back to its cold wallets over the following days. The entirety of ETH was successfully withdrawn by Crypto.com and returned to our cold storage.
 I think all this is fudded to manipulate the market and worsen the bear sentiments
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