Topic: CRYPTO CRASH (Read 754 times)
Crypto Crash is a common thing at any time, the market is always difficult to guess so that it makes us have to be vigilant, but there is a positive side when the market crash is a good opportunity to buy more and at a low price, the best opportunity to buy is difficult to repeat again so do not miss the opportunity to buy immediately.
It is incorrect to blame CZ over this, social media is full of useless and emotional rants without facts behind them, it should be obvious that CZ backed out of his offer to buy FTX at first because he could, as he was not legally bound to buy FTX, but even more importantly he only needed to take a look at their books for a few hours to know there was no way to save the situation.
And he was right, FTX declared bankruptcy just a few days later, which shows he was right about the reading he had about the desperate situation FTX was.
I agree, i started by blaming him, but that was before i knew how bad things were. And he was right, FTX declared bankruptcy just a few days later, which shows he was right about the reading he had about the desperate situation FTX was.
But i am pretty sure that cz will be extra careful with wording next time he wants to hint that there something shady going on. Reporting these issues to officials rather then with twitter. I mean he could probably get tether in liquidity crunch mode (temporary) with just one tweet as not everything in there are going to be instantly liquid.
It is incorrect to blame CZ over this, social media is full of useless and emotional rants without facts behind them, it should be obvious that CZ backed out of his offer to buy FTX at first because he could, as he was not legally bound to buy FTX, but even more importantly he only needed to take a look at their books for a few hours to know there was no way to save the situation.
And he was right, FTX declared bankruptcy just a few days later, which shows he was right about the reading he had about the desperate situation FTX was.
I agree, i started by blaming him, but that was before i knew how bad things were. And he was right, FTX declared bankruptcy just a few days later, which shows he was right about the reading he had about the desperate situation FTX was.
But i am pretty sure that cz will be extra careful with wording next time he wants to hint that there something shady going on. Reporting these issues to officials rather then with twitter. I mean he could probably get tether in liquidity crunch mode (temporary) with just one tweet as not everything in there are going to be instantly liquid.
Now I understand what FUD really looks like. CZ tweet, FTX team reply with confidence, media interpret it with some analysis and datas, twitter begins the trend and the war starts, boom things begin to fall apart and more bad news come in, the hell is short off the market, confidence is lost and a free fall continues with more FUD. We're coming back better, we just need to root out bad actors.
I think it's more of social media pointing at CZ somewhat and blame him for the collapse.He was supposed to be the savior, until he balk on the last minute maybe he has his own reasons to get out of the deal. And then again, there are personalities who interpret this wrongly to cause panic and so the price nose dived and up to now, we are still way below our psychological support of $20k.
Nevertheless it's not the end of it, crypto is going to stay despite the FUDs and what is going on with the ecosystem.
And he was right, FTX declared bankruptcy just a few days later, which shows he was right about the reading he had about the desperate situation FTX was.
Getting your point and adding my opinion about FTX case, CZ is not an ordinary businessman he understand the structure, and he knows if he will benefit from the business that he will be buying, FTX is on the hot position and taking step to takeover might not be good for CZ's business as if things like this happen and he already own and run the business it will reflect and possible to bring negative impact to his other business.
He just did what he thinks is right, not buying or continuing the negotiations as FTX is no longer capable of surviving.
Now I understand what FUD really looks like. CZ tweet, FTX team reply with confidence, media interpret it with some analysis and datas, twitter begins the trend and the war starts, boom things begin to fall apart and more bad news come in, the hell is short off the market, confidence is lost and a free fall continues with more FUD. We're coming back better, we just need to root out bad actors.
I think it's more of social media pointing at CZ somewhat and blame him for the collapse.He was supposed to be the savior, until he balk on the last minute maybe he has his own reasons to get out of the deal. And then again, there are personalities who interpret this wrongly to cause panic and so the price nose dived and up to now, we are still way below our psychological support of $20k.
Nevertheless it's not the end of it, crypto is going to stay despite the FUDs and what is going on with the ecosystem.
And he was right, FTX declared bankruptcy just a few days later, which shows he was right about the reading he had about the desperate situation FTX was.
When the market is bear, you need to hold the coin with some patience. Panic selling is not a good one all the time. Every dump is just to stable the price of trusted coin like bitcoin. In that time we can hold the trusted coin for longer period or buy some good coins at the fud. In the crypto crash, don’t do the future trading. Because future trade is risk at the in stable market. When I had started of future trade, it excited me like the gambling. But they also allow me to add many dollars at every stage like the gambling. The future trading will take all dollars, when the liquidity was ended and gambling take dollars on your loss of the game.
In the middle of the bear market fud doesn't even need to be that strong. Every fud is just acting as support to top of other fud. It's like self fulfilling prophecy that males more people to short short sell with legerage.
But when the fud is strong at that time it will spread like a wild fire and only thing counteracting with It is time.
Truth is a slow antidote and you can't trust it to change the markets when people are in panic mode.
But when the fud is strong at that time it will spread like a wild fire and only thing counteracting with It is time.
Truth is a slow antidote and you can't trust it to change the markets when people are in panic mode.
Now I understand what FUD really looks like. CZ tweet, FTX team reply with confidence, media interpret it with some analysis and datas, twitter begins the trend and the war starts, boom things begin to fall apart and more bad news come in, the hell is short off the market, confidence is lost and a free fall continues with more FUD. We're coming back better, we just need to root out bad actors.
I think it's more of social media pointing at CZ somewhat and blame him for the collapse.He was supposed to be the savior, until he balk on the last minute maybe he has his own reasons to get out of the deal. And then again, there are personalities who interpret this wrongly to cause panic and so the price nose dived and up to now, we are still way below our psychological support of $20k.
Nevertheless it's not the end of it, crypto is going to stay despite the FUDs and what is going on with the ecosystem.
Now I understand what FUD really looks like. CZ tweet, FTX team reply with confidence, media interpret it with some analysis and datas, twitter begins the trend and the war starts, boom things begin to fall apart and more bad news come in, the hell is short off the market, confidence is lost and a free fall continues with more FUD. We're coming back better, we just need to root out bad actors.
They will always exist, it is obvious that retail investors do not like them as they can manipulate the market as they wish but there is nothing we can do to stop them.As such the only thing we can do is to exert control over our finances and avoid playing the games those market manipulators want us to play, and the only way we can do this is by taking care of our coins by having full custody of them and avoid selling them because of the FUD they like to spread.
The current market conditions make us alert, unhealthy exchanges of exchanges make losses for investors, I'm sure there will be Exchanges like FTX and will make the market more difficult, this is what makes us have to save assets in Own Wallet and never save assets in Exchanges wallet.
Now I understand what FUD really looks like. CZ tweet, FTX team reply with confidence, media interpret it with some analysis and datas, twitter begins the trend and the war starts, boom things begin to fall apart and more bad news come in, the hell is short off the market, confidence is lost and a free fall continues with more FUD. We're coming back better, we just need to root out bad actors.
The market won't fall apart if FTX had done its thing instead of mismanaging the client's fund. It is initially the FTX management's fault that the market is currently in this state. The failure of the management of FTX brings FUD to a lot of investors making them sell their holdings and exit the cryptocurrency industry. Which resulted in sudden crash of price of many cryptocurrency especially Bitcoin market.
HODL! Newbies always asking if 
Yeah only a paper loss to those who hodl their coins, unless they sell, the loss will never realize. It is good enough if we can have the patience to wait for the market's next bull run. Because bull run is the sweetest run of the market where we can see and realized our profit target.
I can really see the dropping scenario after the FTX issue. It was the FUD wins again to the mindset of the people. However, it was not the end of the crypto journey, things like this will certainly come sometime. Unfortunately, many were too emotional about it and think selling their Bitcoin for safety. I could still understand that situation as I also had that feeling before. Panic will appear in your mind if you are not really familiar with the market.
Weak hands will surely be shaken if they witness the collapse of FTX and the losses the users and investors of FTX. Imagin seeing people lossing more than 95% of their holding's value. Weak hands will surely cowers and will immediately sell their holdings.
They are too emotional and lack knowledge about crypto market being cyclical. If they have faith and knew that the crypto market is cyclical I bet they won't be shaken no matter how low the market drop.
Now I understand what FUD really looks like. CZ tweet, FTX team reply with confidence, media interpret it with some analysis and datas, twitter begins the trend and the war starts, boom things begin to fall apart and more bad news come in, the hell is short off the market, confidence is lost and a free fall continues with more FUD. We're coming back better, we just need to root out bad actors.
It's really scary how crypto market reacts to FUD but also there is a cause to be panic right now due to what FTX founder did.
That is a valid reason especially if your funds are in there. You can really be thinking and even hopeless about taking it back when FTX will have its end. Quote
If BTC fail to hold the 14k region we are in on a very long bear market unless new big investors come back and invest into crypto maybe after BTC halving, it took a lot of work for us to come this far and now FTX ruined it all.
I have no reason to be worried because this FTX thing is creating another life time opportunity for crypto investors once again, if you invest on the right projects there is no reason to be worry.
I can really see the dropping scenario after the FTX issue. It was the FUD wins again to the mindset of the people. However, it was not the end of the crypto journey, things like this will certainly come sometime. Unfortunately, many were too emotional about it and think selling their Bitcoin for safety. I could still understand that situation as I also had that feeling before. Panic will appear in your mind if you are not really familiar with the market. I have no reason to be worried because this FTX thing is creating another life time opportunity for crypto investors once again, if you invest on the right projects there is no reason to be worry.
It's really scary how crypto market reacts to FUD but also there is a cause to be panic right now due to what FTX founder did.
If BTC fail to hold the 14k region we are in on a very long bear market unless new big investors come back and invest into crypto maybe after BTC halving, it took a lot of work for us to come this far and now FTX ruined it all.
I have no reason to be worried because this FTX thing is creating another life time opportunity for crypto investors once again, if you invest on the right projects there is no reason to be worry.
If BTC fail to hold the 14k region we are in on a very long bear market unless new big investors come back and invest into crypto maybe after BTC halving, it took a lot of work for us to come this far and now FTX ruined it all.
I have no reason to be worried because this FTX thing is creating another life time opportunity for crypto investors once again, if you invest on the right projects there is no reason to be worry.
It is true that Bitcoin did crash but this is something we have seen before in the past. I think it’s highly probable that Bitcoin will reach its all time high next year.
The reality is that BTC has progressively reached higher and higher all time records year over year for close to a decade. Continuing adoption by the public, investment by larger banks and institutions and more companies excepting BTC as a form of payment will drive the price to new heights in the forceable future in my opinion.
The reality is that BTC has progressively reached higher and higher all time records year over year for close to a decade. Continuing adoption by the public, investment by larger banks and institutions and more companies excepting BTC as a form of payment will drive the price to new heights in the forceable future in my opinion.
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.
You are correct, however this is only true for those which invested in bitcoin and other good altcoins, if someone is invested in a bunch of shitcoins then they should be worried as not only the price of their coins will go down but if they keep holding there is a real possibly they will lose all the money they invested in that coin if it crashes to zero, so those people do not really have any good decision they can take, because if they sell their coins they may save some of their capital but their losses will still be considerable at that point. 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.
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.Behind every FUD is deception and scamming and its hard for the market to recover because investors are slow to bring their trust back into the market until now the FTX owners are still at large although I read that the authorities are working on their
extradition, it will take some time before FUD minimizes its impact on the market.
It's still the best time to buy but buy only coins that have proven their worth in the market.
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.
As long as FUD will always be coming and then the crypto market will be so difficult to recover again. I meant if we must also take a look at the current situation where so many people are putting the main concern to the FTX. The ftx's case has become a snowball to the crypto where as the new statement from biden if crypto will get a stricter regulation. It seems like SBF was the main causes from the doom that happened with crypto. These kind of FUD will not end in short term. This will be going for long term. I think that you must watch from things that already happened before where so many people are complaining a lot about the situation in the crypto.
There are millions of people lose due to the FTX.
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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.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.
Now to spread fud looks so fast and easy, so don't be surprised the market will react very quickly to their wishes, we have been through this before and rest assured the crypto market is set up for that.
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.
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.
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.
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.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.
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.
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.
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.
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.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.
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. 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.
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.
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.
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
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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.
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.
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.
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.
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.
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.
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.
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.
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.
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
I think all this is fudded to manipulate the market and worsen the bear sentiments
Today's move might take 1 month to achieve, but FUD makes it happen in a day
That's why it is called FUD. A specific term is being made just for that. FUD is already part of the crypto for a long and depending on how strong that FUD is, it can really trigger something unexpected. However, if there's a FUD that can be considered a big deal, there's also a non-sense FUD that can't even trigger small actions. Such FUDS are being ignored.
That's how the market behaves since then. Take it or leave it, you decide.
I know not many people are fan of the drops, but these drops make sure that people who wanted to sell to begin with will be out, there will be plenty of support and all broken so that people who are actively trading would get rid of the ones that are keeping us low, and they could take us higher when they want to. The "ammunition" of the market is liquidity and the better it is the better we will be. I believe this drop will give birth to great things.
Experienced wise, this kind of drop gives traders a good overview on how they will take their next position, some may collect more while the value sill in a sale price, we know riders will not appreciate what is happening inside the market but for most long-term investors and traders they are fully aware that this is a good opportunity for them to grab more and add a decent amount of funds to finance their investment,.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
That's why it is called FUD. A specific term is being made just for that. FUD is already part of the crypto for a long and depending on how strong that FUD is, it can really trigger something unexpected. However, if there's a FUD that can be considered a big deal, there's also a non-sense FUD that can't even trigger small actions. Such FUDS are being ignored.
That's how the market behaves since then. Take it or leave it, you decide.
I know not many people are fan of the drops, but these drops make sure that people who wanted to sell to begin with will be out, there will be plenty of support and all broken so that people who are actively trading would get rid of the ones that are keeping us low, and they could take us higher when they want to. The "ammunition" of the market is liquidity and the better it is the better we will be. I believe this drop will give birth to great things.
maybe it's time to CRASH, I remember 2017 where the price of BTC reached ATH at that time and 2018 started to crash and several exchanges also went bankrupt, this is only natural for now maybe it's time, we'll wait again in 2025 hopefully btc can reach $100,000/1 BTC is not impossible in the crypto space
Today's move might take 1 month to achieve, but FUD makes it happen in a day
A Crypto market crash always happens every time the FUD rises. This is bad enough, but on the other hand, this is also benefit for some people who are looking for more investment at a lower rate. So, this will depend on each person how will face the crash market, their prepare, readiness, and of curse, their emotion. This is not easy to face such a crash market. But as long as we have the ways for planning and executing, this may be a good time to add our asset investment. We must be able to utilize every market condition to be in our strategy for investment, including buying in dip or lower price and then holding them for higher prices in the future. 
FUD's can be either beneficial or harmful depending on the investor.
Let's not forget that every market is heavily moved by emotions. Sentiments play a big role in every market and it's more on the crypto market. What happened in the past few days is a proof that a single negative news can wipe out your whole profits for months in only 1-2 days.
CZ is the kind of businessman that you shouldn't mess up with if you are into crypto. That's how powerful he is right now when it comes to crypto. FUD can be beneficial if the investor will take the opportunity to buy when the market is down and on the other hand, FUD can be harmful when you already holding tokens and it went down significantly but more harmful if you panicked and sold it all at a loss.
The opportunity right now is good for bitcoin investors, as they can purchase it cheaper and hold knowing they have the best crypto among all on their portfolios, but it's not a good time for altcoins' enthusiasts. since we don't know how many of them will remain active and alive in this market. Many projects and companies are proving to be simply pump and dump schemes totally unstable and unsustainable. Each new scandal we see the hole is deeper than we expected, involving even more cryptocurrencies and personalities. With the FTX's scandal even celebrities and politicians were found to be involved on the situation. Let's not forget that every market is heavily moved by emotions. Sentiments play a big role in every market and it's more on the crypto market. What happened in the past few days is a proof that a single negative news can wipe out your whole profits for months in only 1-2 days.
CZ is the kind of businessman that you shouldn't mess up with if you are into crypto. That's how powerful he is right now when it comes to crypto. FUD can be beneficial if the investor will take the opportunity to buy when the market is down and on the other hand, FUD can be harmful when you already holding tokens and it went down significantly but more harmful if you panicked and sold it all at a loss.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
FUD can really work for these manipulations. But there have been FUDs in the past that never had work and that's why when there are FUDs like this, they're becoming more extreme than in the past.I expect that there's more to these FUDs and they're going to be more brutal and fearing when they come but remember, that all you have to think about is the long term and accumulate when they exists at the moment for you to take advantage of it.
But because of my fear of being liquidated, I'm doing my best to just stay on the spot, and even if the market crashes us more, I'm safe with my position unlike those that are literally gambling with the high leverage that they set. It's okay if they've been doing that for so long and they can attain to take the high risk but for the newbies, they are doing it very wrong.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
A Crypto market crash always happens every time the FUD rises. This is bad enough, but on the other hand, this is also benefit for some people who are looking for more investment at a lower rate. So, this will depend on each person how will face the crash market, their prepare, readiness, and of curse, their emotion. This is not easy to face such a crash market. But as long as we have the ways for planning and executing, this may be a good time to add our asset investment. We must be able to utilize every market condition to be in our strategy for investment, including buying in dip or lower price and then holding them for higher prices in the future. FUD's can be either beneficial or harmful depending on the investor.
If a person is the instigator of FUD, it is beneficial but if the investor is on the receiving end, it would be harmful. And if we talk about the crypto economy, FUD is very harmful because it degenerates trust.
Let's not forget that every market is heavily moved by emotions. Sentiments play a big role in every market and it's more on the crypto market. What happened in the past few days is a proof that a single negative news can wipe out your whole profits for months in only 1-2 days.
True, negative news is very effective in a bearish sentiment market. But if the market is greatly hype and bullish, a single negative news won't have an effect on it. In short, the effectiveness of a news depends on the sentiment of the market.
CZ is the kind of businessman that you shouldn't mess up with if you are into crypto. That's how powerful he is right now when it comes to crypto. FUD can be beneficial if the investor will take the opportunity to buy when the market is down and on the other hand, FUD can be harmful when you already holding tokens and it went down significantly but more harmful if you panicked and sold it all at a loss.
But I do not think that buying FTT today is beneficial since FTX had already filed for bankruptcy. It is just a matter of time until FTT becomes worthless unless someone revives FTX.
I don't think people realize how quickly we go up when the bull run starts. The pessimism about the crypto prices and the crash and the "difficulty to go up" is something that people keep talking about because they do not realize how high bitcoin could go just as bull starts.
I understand that it has been over a year since people saw a bull run, but that happened in 2018 as well and we all felt horrible about it. Just give a year more, and you will see it start to recover, not another new ATH and all, maybe that will happen or maybe it won't but that’s not the case, just a recover. After another year on top of that we could see mind boggling insane increases that will make you forget bitcoin ever crashed.
I understand that it has been over a year since people saw a bull run, but that happened in 2018 as well and we all felt horrible about it. Just give a year more, and you will see it start to recover, not another new ATH and all, maybe that will happen or maybe it won't but that’s not the case, just a recover. After another year on top of that we could see mind boggling insane increases that will make you forget bitcoin ever crashed.
True, we forget how we go from $3k from the covid-19 crash to eventual bull run at $69k. That is a massive pump and it's crazy numbers. People never realizes it because everyone is very happy to see the price going up and then portfolio obviously, making good profits.
But when it actually started, right now, the bear market wherein the price is very cheap, all we have to do is not being negative about it.
In 2018, ETH went so low that it goes below $100, but look at where the price went in 2021, new all time high, $4k++.
I don't think people realize how quickly we go up when the bull run starts. The pessimism about the crypto prices and the crash and the "difficulty to go up" is something that people keep talking about because they do not realize how high bitcoin could go just as bull starts.
I understand that it has been over a year since people saw a bull run, but that happened in 2018 as well and we all felt horrible about it. Just give a year more, and you will see it start to recover, not another new ATH and all, maybe that will happen or maybe it won't but that’s not the case, just a recover. After another year on top of that we could see mind boggling insane increases that will make you forget bitcoin ever crashed.
I understand that it has been over a year since people saw a bull run, but that happened in 2018 as well and we all felt horrible about it. Just give a year more, and you will see it start to recover, not another new ATH and all, maybe that will happen or maybe it won't but that’s not the case, just a recover. After another year on top of that we could see mind boggling insane increases that will make you forget bitcoin ever crashed.
FUD can really work for these manipulations. But there have been FUDs in the past that never had work and that's why when there are FUDs like this, they're becoming more extreme than in the past.
I expect that there's more to these FUDs and they're going to be more brutal and fearing when they come but remember, that all you have to think about is the long term and accumulate when they exists at the moment for you to take advantage of it.
It is also important to try to take the smallest risk possible, the people that are getting liquidated due to the current crash are people that were using a massive amount of leverage on their trades, however those that were invested in bitcoin without using any leverage have only lost 20%, an amount which they can easily recover if they hold for a few months or if they perform a DCA strategy, obviously it is too late to do anything for those that were using leverage but it is a good idea they keep this in mind as I think this will happen again.I expect that there's more to these FUDs and they're going to be more brutal and fearing when they come but remember, that all you have to think about is the long term and accumulate when they exists at the moment for you to take advantage of it.
It might be too late for those who do leverage but they can always start again now that prices are still cheap but this time, they shouldn't do leverage as it was too risky and events like we have now can happen unexpectedly.
There is no doubt that 99% of crypto will not survive. Consider how much impact this FTX event will have on Solana or the entire crypto market. Don't get involved with Solana or anything related to Solana. Because it was too juicy, I wanted to find out how much it would drop. We have already done a lot of damage though. It should be interesting to see what happens next, as nearly everyone here holds a particular coin and wishes death on those who do not.
FUD's can be either beneficial or harmful depending on the investor.
Let's not forget that every market is heavily moved by emotions. Sentiments play a big role in every market and it's more on the crypto market. What happened in the past few days is a proof that a single negative news can wipe out your whole profits for months in only 1-2 days.
CZ is the kind of businessman that you shouldn't mess up with if you are into crypto. That's how powerful he is right now when it comes to crypto. FUD can be beneficial if the investor will take the opportunity to buy when the market is down and on the other hand, FUD can be harmful when you already holding tokens and it went down significantly but more harmful if you panicked and sold it all at a loss.
Let's not forget that every market is heavily moved by emotions. Sentiments play a big role in every market and it's more on the crypto market. What happened in the past few days is a proof that a single negative news can wipe out your whole profits for months in only 1-2 days.
CZ is the kind of businessman that you shouldn't mess up with if you are into crypto. That's how powerful he is right now when it comes to crypto. FUD can be beneficial if the investor will take the opportunity to buy when the market is down and on the other hand, FUD can be harmful when you already holding tokens and it went down significantly but more harmful if you panicked and sold it all at a loss.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
Binance and CZ really managed to bring down the whole crypto market with their antics. First they announce the sell-off of FTT token which they have a huge bag of. Of course this makes the whole market nervous if a multi-million Dollar sell off of one of the biggest crypto companies is announced. Then after that news brought down the price Binance announces that they want to acquire FTX. Now it seems like this would not happen because of legal issues.
So what we are now having is a huge dump in all crypto prices caused by a speculation of Binance that apparently did not even work out for them. Well done CZ and Binance. It will take a while to recover from that, even USDT is looking shaky at the moment.
That's why, imagine that from 26-28$ per one FTT, its value in the market fell in an instant to 2.8$, many people were happy and also many people were scared and nervous among its holders, and those who sold before we're happy it has fallen, and to investors who are willing to invest in it at the cheap price it is now. Although its volatility risk is high at the moment.
But as far as I can see, it will still recover little by little in the market because there are still many people buying FTT now while it is cheap and falling in price on Binance, even though I didn't have it in my plan but I also bought it somehow in thinking that there is still a good chance that it will recover even 50% of the market.
Crypto markets are easily driven by emotions and they become more fearful when FUD comes along.
The crypto market is very volatile and a market crash is inevitable in a bear market. But we believe the crypto market still has plenty of time to recover from this crash.
FUD does not only exist in cryptocurrencies, FUD can be seen everywhere.
Many people will follow the public opinion, without their own thinking, so it will cause collapse. No brain for short.
Many people will follow the public opinion, without their own thinking, so it will cause collapse. No brain for short.
This is not a FUD but a planned attack on crypto universe. Make a manipulation on price and then blame all on FUD. What the FUD is this?
Who makes a planned attack? and who manipulates the prices?I don't think there is an institution or person that has the ability to do that.
If there is bad news about an exchange or a crypto coin, it may happen naturally. It brings a big impact, it is because we are in the bearish season. Some people may provoke people about the impacts of the issues. So, there are some people to do panic selling.
Today's move might take 1 month to achieve,
How can you sure about this? Did you believe your prediction was accurate before? 
The crypto market may go side way again when there would be no drama between CZ and SBF but this drama has been revealing the real story behind FTX where its CEO was transfering so many liquidity to the alameeda which is being managed by 15 years old girl. 
The dump was inevitable but the truth is if it would not be going to the somewhere if there would be no so many bad things being revealed. At least people know about the truth. but FUD makes it happen in a day
IF that's just FUD and it will not make the price to go down drastically but the problem is all of things that already revealed to the public was the truth. If that was just FUD and it would not heavily impacting the market. People are feeling worrying about market since FTX halted withdrawal. Im also victim from FTX.
agreed with this one, the decrease in value for most of the coins in general wasn't really caused by the economic crisis but by these battle of the famous cryptocurrency figures, the slow increase in value for building its path to the bullrun was wasted so easily because some big cryptocurrency platform is making move against other project, it just seems like right now the cryptocurrency is really weak against such thing and the FUDs coming from the famous figure really meaningful and could have such significant impact in cryptocurrency, too much newbies that are investing in cryptocurrency are easily getting triggered by the fuds.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
That seems like the characteristic of the crypto industry during the bearish market, too easy to drop because of FUD and too difficult to rise up even though there is very good news. But, this is the risk of investing in cryptocurrency. As long as we know the right time to do the inevstment and probaby to sell it, we may be able to at least decrease the risk of losing our money. Bitcoin investment may not be a big problem, moreover, we can buy more Bitcoin at a very low rate. However, if this is about altcoins moreover the new altcoins, this is risky enough because it may end as shit coins. 
Today's move might take 1 month to achieve, but FUD makes it happen in a day
This is how this market behaves where fundamentals and other events could really make out that kind of significant effects which would really be determining on how the market would be reacting.Although it cant really be that precise as always but its likely it would really be making such step or condition.This is why as a crypto trader or investor then you should really make yourself prepared on these kind
of times on where you would really be preparing and be aware on what are the actions been readied up whenever these things could really happen.There's only two possible outcomes or conditions
whether it could go up or down and this is why you should really be wise on taking up decisions.
I was expecting such a drop, but we can say that this news was the salt pepper on top of it. In this way, an excuse was found for the fall. Thanks to such news, they easily manipulate the market and try to make everyone sell their cryptocurrencies quickly. However, it shouldn't be like that. I think whoever writes what should not be followed without investigating what is going on. Okay, what the ftx exchange did is not right, but I think it is necessary not to make hasty decisions.
the fall of ftx is not the fall of all crypto market. but of course, there will be immediate impact in the market in relation to what's happening with ftx right now. but if you do want to take this opportunity, it is good to stash some valuable coins like btc. because we already saw it going down, but it bounces back fast. this yet another failure won't dictate the future of crypto. but just one of the hurdles that we need to encounter to see how crypto market will grow throughout these years.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
That's the difference between FUD and good news. FUD can really make a market crash only several hours after the FUD is confirmed or released. However, on the other hand, good news will need more time to make the market rise up, it needs some checks and crosscheck because people may not be in hype because of the good news. So, this is what always happens in the crypto world. However, FUD will not end, every time there will be always FUD. That is why, actually, we should limit ourselves and control ourselves in facing FUD. Beng more careful, calmer, nad not panic become one of the ways to stay away from the bad impact of FUD. However, we must be also able to take a smart decision in the right time, wehtehr we must stay or exit. We need to analyze the market and crypto condition if we want to at least avoid losing more.
Any bad news can create FUD, especially during the bear market. The sentiment of the market is very sensitive, especially to bad news. Whenever there is bad news big players tend to make this issue exaggerate with an actual dump of some of their holdings to create FUD and shake the weakened faith of holders. From that initial dump of manipulators, holders that are half-hearted easily follow the trend and dump their holdings in fear of losing some profit. From the sell-off bots then react to the market price by triggering a cut-loss option that will further crash the price. It is indeed easy to crash the market with FUD.
FUD is what makes the big whales different from small time retail investors like most of us. Because right now, I feel CZ is just pulling the strings and taking care of this unfortunate event in FTX, from giving SBF and many investors false hopes and now this… The Market is gonna bleed for a while now
Today's move might take 1 month to achieve, but FUD makes it happen in a day
The FUD makes investors lose confidence and trust in the currencies that they hold. This comes due to the spread of FUD by influencers, exchanges, and the media. The closest example is the FTT currency. In a few days, the FUD was able to plunge the FTT token to its lowest price since the previous months, after the CEO of Binance announced the sale of all the FTT coins owned by Binance due to the fact that the FTX platform faced a liquidity crisis, as the anxiety and panic among the general investors have increased. I can tell that FUD can make FTT the next currency after Luna.
Yes, its a sudden movement. It had always been difficult to stand back up after being hit by FUD. They will always do it in a manner where the market sways down. Just that little bump down could change the perspective of investors and supporters.
I guess the optimistic view is lesser now because of the broad competition in cryptocurrencies. As much as we don't like it, we have to deal with it as it is also a part of investing. Spotting at where it will happen is the key to avoid being dragged by a dump created by FUD.
I guess the optimistic view is lesser now because of the broad competition in cryptocurrencies. As much as we don't like it, we have to deal with it as it is also a part of investing. Spotting at where it will happen is the key to avoid being dragged by a dump created by FUD.
This is not a FUD but a planned attack on crypto universe. Make a manipulation on price and then blame all on FUD. What the FUD is this?
Whose plan then? Whales? Government? It is evident that this industry is also affected with high inflation rate and economic crisis we are currently experiencing.The government will soon step in and impose regulations on the market with the recent crises, there couldn't be a more perfect reason. The market is full of manipulation, not just supply and demand as you might think. Total market capitalization is less than 1000 billion, too small to say that there is no manipulation or settlement here.
This is not a FUD but a planned attack on crypto universe. Make a manipulation on price and then blame all on FUD. What the FUD is this?
Whose plan then? Whales? Government? It is evident that this industry is also affected with high inflation rate and economic crisis we are currently experiencing.Most cryptocurrencies are crashing. Many investors have already lost money.
As we all know the best way in the crypto market is to buy the dip, so is it the right time to buy the dip?
It is really a good time to buy especially if you have the money to do so. But if you don't wait for the right time; when there is a continuous upward motion in the market value of cryptos.As we all know the best way in the crypto market is to buy the dip, so is it the right time to buy the dip?
This is a bad scenario especially for the small ones out there. It will be hsrd for them to endure the market crash at the moment. We've been through this countless times but why does it still have the same reaction? People panic. To be aware of what is happening is a good thing but to be eaten and pressure by it, is not. FUD or not, be mindful of your actions as an investor. Don't be too risky and don't be to anxious about the market situation. Atleast try to ease down, and take priorities if necessary.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
We've seen how FUD works and shouldn't have to worry because market conditions will improve later.And we should also be grateful to the FUD because we have a great opportunity to buy bitcoins and potential altcoins that could increase in the future.
And although market conditions will be like this for a while, we can use it to take a break from the market and enjoy some time while we wait for a reversal in the market.
The crypto market still has plenty of time to recover from this crash and we should also be able to use it before things change.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
Ohh, that's because many people are believers in the FUD. This is to see the influence of FUDs is strong because despite the courage not to deal with this, however, people are not listening. So, it is not to wonder why it goes like this, dropping in price can be fast but the recovery is so slow. I've always noticed this and this crypto crash will stay long knowing that many people are still selling low and panicking. I month is not enough, I think years. So, we better make prepare ourselves to hold and extend our patience.
In fear of losing their money, more likely fud really bring a big impact most to those who didn't prepare themselves in this kind of situation.
They are not ready seeing the market fall like this, and when it does, they simply follow the trend and hoping not to lose that much, but eventually they will realize the mistake when the bounce happens.
It really takes to have a big nerve in order to see how things will work in the volatile market. Every single step will give you enough
chances to take your advantage of placing your position during the dip and sell it out when the pump takes place.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
Binance and CZ really managed to bring down the whole crypto market with their antics. First they announce the sell-off of FTT token which they have a huge bag of. Of course this makes the whole market nervous if a multi-million Dollar sell off of one of the biggest crypto companies is announced. Then after that news brought down the price Binance announces that they want to acquire FTX. Now it seems like this would not happen because of legal issues.
So what we are now having is a huge dump in all crypto prices caused by a speculation of Binance that apparently did not even work out for them. Well done CZ and Binance. It will take a while to recover from that, even USDT is looking shaky at the moment.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
Ohh, that's because many people are believers in the FUD. This is to see the influence of FUDs is strong because despite the courage not to deal with this, however, people are not listening. So, it is not to wonder why it goes like this, dropping in price can be fast but the recovery is so slow. I've always noticed this and this crypto crash will stay long knowing that many people are still selling low and panicking. I month is not enough, I think years. So, we better make prepare ourselves to hold and extend our patience.
This is not a FUD but a planned attack on crypto universe. Make a manipulation on price and then blame all on FUD. What the FUD is this?
Today's move might take 1 month to achieve, but FUD makes it happen in a day
FUD can really work for these manipulations. But there have been FUDs in the past that never had work and that's why when there are FUDs like this, they're becoming more extreme than in the past.I expect that there's more to these FUDs and they're going to be more brutal and fearing when they come but remember, that all you have to think about is the long term and accumulate when they exists at the moment for you to take advantage of it.
But because of my fear of being liquidated, I'm doing my best to just stay on the spot, and even if the market crashes us more, I'm safe with my position unlike those that are literally gambling with the high leverage that they set. It's okay if they've been doing that for so long and they can attain to take the high risk but for the newbies, they are doing it very wrong.
Market crash was inevitable due to FTX issues and totally many suffered from this sudden market crash especially to FTT investors and holders, it was truly a devastation effect like what happened to LUNA as well. Now we are back again during the six months we have been through that market is falling and this is considered as FUD effect. Though we can get through this, we have been in this situation many times and it is also inevitable that the market can recover anytime soon.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
Negatively easily transfer far than positively, the market will take time to get to a certain gain but loses can happen with in minutes because people will spread such news more. The news media all carried the Binance vs FTX fight but when there's a positive news they'll all ignore it. This is because humans are drawn to violence instead of Peace as they consider that boring. For some time now, the market has been recovery slowly and then just one negative news and we are down -15% or more and now Bitcoin and only altcoins has tasted some new low which will be very hard to recover from.
I don't think we'll recover this year from this crash as we're almost at the last month to end the year and usually times like this people withdraw to spend their money with loves ones. Maybe early next year, the market will get some positive news and turn bullish.
It was showing some upward movements in past few days and now all alt coins are down with BTC going down, I believe its good time to buy in but price might go even lower.
Despite the crash that the crypto community is currently experiencing, there are still a few things to consider. The daily range is very large when compared to the moving averages, which shows that there's a lot of volatility.
This means that traders will play games with each other trying to make money through exponential gains and crashes. The only way to overcome this is by widen the stop losses and cut positions after a big move up or down has been made.
This means that traders will play games with each other trying to make money through exponential gains and crashes. The only way to overcome this is by widen the stop losses and cut positions after a big move up or down has been made.
Most cryptocurrencies are crashing. Many investors have already lost money.
As we all know the best way in the crypto market is to buy the dip, so is it the right time to buy the dip?
As we all know the best way in the crypto market is to buy the dip, so is it the right time to buy the dip?
Today's move might take 1 month to achieve, but FUD makes it happen in a day
The price crash in the market didn't actually happen in a day. We've been given signs when centralized exchange owners start behaving like little kids. First of all, mutual sarcasm, mutual acquisition, and mutual showing to the public the superiority of each other's exchanges. But the market responded very quickly, and today's tip of the iceberg is quite worrying. I think that if someone is aware of the start of the dispute then the alternative is to secure their assets as soon as possible and for those who are late there is no other reason than to hold until the situation at the beginning of the year starts to show a price reversal. Although it does not guarantee that it will recover in the near future.
maybe this is the impact of various events that have occurred in the last few months such as the domino effect of Covid-19, the climate crisis and food crisis in parts of the world, the rise in inflation, the economic downturn, the panic about the imminent global recession, the war between Russia and Ukraine, and again the market has not yet fully recovered from his injuries from the events of Terra Luna and Terra USD in last May, plus the recent bad news from one of the largest cryptocurrencies FTX is threatened with bankruptcy in times like this.
all these events make it easy for people to make FUD by linking all the events that occur to make everyone panic and secure their assets in crypto so that there is an unnatural decline.
maybe if I hadn't experienced something like this in the past few years, I would have done the same to be afraid and secure the assets I have. but it's different from now, I'm more happy because I can save crypto and BITCOIN at prices like today for the long term.
all these events make it easy for people to make FUD by linking all the events that occur to make everyone panic and secure their assets in crypto so that there is an unnatural decline.
maybe if I hadn't experienced something like this in the past few years, I would have done the same to be afraid and secure the assets I have. but it's different from now, I'm more happy because I can save crypto and BITCOIN at prices like today for the long term.
You always losing the game if you have no stable emotion and mind in this kind of business, Cryptocurrency is very volatile and unpredicted, of course, FUD is always there and it balances the market, and today as I'm writing this comment BTC dropped to 16k USD and let us not look on the bad side, always look n the brighter side, even if you lose big time, this is the best time to bag some of your favorite coins, and yes, the big question is, do we have money to buy in the deep?
Cryptocurrencies are considered to be the most extreme market and if you are mentally prepared and only invest as much as you can afford to lose this is normal. While everyone was expecting a two-month recovery at the end of the year, the market moved in the opposite direction and always has. We are still in bear season and history is repeating itself, during bear season 2018 bitcoin is down more than 83% and for me history will always repeat itself until new history is made. In a bear market if there is no one fud there will be another fud there will always be a reason for the market to fall.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
FUD can really work for these manipulations. But there have been FUDs in the past that never had work and that's why when there are FUDs like this, they're becoming more extreme than in the past.I expect that there's more to these FUDs and they're going to be more brutal and fearing when they come but remember, that all you have to think about is the long term and accumulate when they exists at the moment for you to take advantage of it.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
I agree. Bitcoin crawled very slowly to reach $21,000. It took it forever to conquer that area once more. But all of a sudden everything was lost. All the gains are quickly erased with what's happening in the market. Although it doesn't really have anything to do with Bitcoin itself, it is unfortunate that its ripple effect has affected Bitcoin so much. There are probably a lot of people who are feeling fearful that it will affect Bitcoin's price itself and sold.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
fud made the price fall almost %10 in a day, looking at the portfolio, I am dizzy because many of the coins that I hold the decline is very sharp, and I hope the market recovers as soon as possible, all I can do today is just buy back at the bottom price and keep it back until the price improving, I don't know how long the market will deteriorate like this
Because people and community are at the heart of cryptocurrency. When a group of people decide to do something, it could have a domino effect on other people. This year, there hasn't been much good news. Instead, bad news has kept coming. I think this is a hard time, and a lot of people are tired, but they don't know that there will be a rainbow after the storm (probably in the next 2 years). Now it's a game of survival, and we'll have to wait and see what happens next.
The market is like this, a battlefield without gunpowder smoke, but as tragic as the real war, the encrypted world is still in the early stage of creation, it needs fuel and sacrifices something in the process of evolution, but the war will never stop.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
That's why it is called FUD. A specific term is being made just for that. FUD is already part of the crypto for a long and depending on how strong that FUD is, it can really trigger something unexpected. However, if there's a FUD that can be considered a big deal, there's also a non-sense FUD that can't even trigger small actions. Such FUDS are being ignored.
That's how the market behaves since then. Take it or leave it, you decide.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
FUD can really work for these manipulations. But there have been FUDs in the past that never had work and that's why when there are FUDs like this, they're becoming more extreme than in the past.I expect that there's more to these FUDs and they're going to be more brutal and fearing when they come but remember, that all you have to think about is the long term and accumulate when they exists at the moment for you to take advantage of it.
FUD is ruthless and enriches various speculators at the expense of ordinary market users, who are most heavily influenced by this hype and uncertainty. Today's panic was no exception. Everything worked out according to the old script. Perhaps someone needed a market collapse and certain low prices to make some deals. The exchanges also made good money on this FUD. According to various estimates, liquidations of traders are already more than half a billion dollars.
Today's move might take 1 month to achieve, but FUD makes it happen in a day
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