Topic: Crypto dip today - page 7. (Read 754 times)
For Ethereum for example, it is a drop which is more than 10%. And I'm hoping to see the drop no more than 15%. The prices of most of the coins in the market got a good acceleration recently and I never hoped a this big price correction. I was expecting a little price correction after Bitcoin reaches $55k. But it happened earlier and at a really high rate. This could be the biggest drop in such a short time in history I guess. September seemed great when I saw most of the coins increasing but it is not like that now. I wonder why Bitcoin and the rest of the market have this much bad luck in every September.
Many players who already had excess profits, but who did not withdraw their assets, were waiting for a legal way to withdraw money, and then a country came that legalized bitcoin, the market reacted to cash out dollars to fix real profits. This does not change the general situation, now those who bought at 40-46 will again buy all positions in a long game, and the rate will level out with respect to bitcoin, and the rest of the coins may panic.
XD ... XD and even one more XD. Pure nonsense.
As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?
How far will it go down ?
It was the bloodiest day since 2021/05/19 - the end of 63-30k dump. Now we started with such crazy candle. I don't think that we will recover anytime soon. Not before retesting 43k or even 38k. If we will fail to bounce back from these levels ... we will retest 28k. The domage was too big. This will scare every investor away. First rule - protect your money. Second - earn. Rational investor will step back now to see how things will evolve. For sure will not rush in - "yolo buy the dip". Chart is destroyed so volume from TA traders is out.
V shape bounce right now is possible but not probable but if we will see that... it will show incredible strength of bitcoin. Nothing will stop it from ATH. But I don't see it comming.
As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?
bullish season is already over so it's not surprising that most of them were searching a new support level at this moment, especially those who made good improvement in the market.. But perhaps no need to worry on this situation because mostly analyst saying that the bearish will not last like what happened before wherein just a correction only within this month.. Indeed we are already at the bermonth so probably there's a chance market will rise again after this situation. How far will it go down ?
It is hard to tell really. Everything happened in a little time period that I only saw the result. 
Bitcoin dropped down by 10k dollars and it affected the altcoins really badly also. For now, I see a market which is making an effort to recover and not go down more than this. It is really hard to predict the next movements for now. Maybe the recovery will take some more time compared to the last corrections. And I wonder if this is a signal for a new bull market.
Bitcoin dropped down by 10k dollars and it affected the altcoins really badly also. For now, I see a market which is making an effort to recover and not go down more than this. It is really hard to predict the next movements for now. Maybe the recovery will take some more time compared to the last corrections. And I wonder if this is a signal for a new bull market.
Most likely this is just a small correction, since the growth of the cryptocurrency market is still expected by the end of this year, of course, everything can be vice versa, so it is worth considering all the options that can happen with the cryptocurrency market, and of course, some cryptocurrencies showed good growth during this dump, for example, Solana, most likely big players withdrew large amounts of bitcoin and invested in Solana, since it is still difficult to understand why the price of Solana was growing so quickly.
As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?
How far will it go down ?
I think the dip already happened yesterday and it was also a pretty hefty dip. Bitcoin went down from 50k to almost 44k in just 30 minutes, so that was definitely more than just a normal correction. The same happened with ETH, it went down from 3.700$ to 3.100 $ within 30 minutes. I am still not sure though what has caused this massive and fast price crash. Maybe it was because BTC is now an official method of payment in El Salvador and this did not have any positive effect on the price so that many people became nervous and decided to cash out some profits? At least it seems now that the dip have stopped and BTC is now again pretty stable at around 46k.
Many players who already had excess profits, but who did not withdraw their assets, were waiting for a legal way to withdraw money...
I'm not sure how those who made such profit could've allowed it still go red in loss. It's a simple thing to do if one can't exchange crypto for fiat and withdraw as cash once profit is made because of certain legal constraint. All one has to do is to tether the crypto and then wait for the whole drama to fizzle out. Once the storm calms down, one can safely sell and then withdraw in cash. Alternatively, tether the crypto and then sell it at a reputable P2P which may not even be on the exchange one has an account with for fear of legal restriction. One can do a P2P on WhatsApp or telegram groups one knows has credibility. As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?
Do not check everyday price. Think crypto as a long term investment. Check the project's road map, stability, and use case. There are a lot of coins available in the market right now. But by using the above criteria, you can narrow down your search. ETH, ADA, LTC, XRP, and this hidden gem XSN - which I'm super bullish on, are the ones that I can recommend and are definitely the best for long term investment. How far will it go down ?
As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?
WWW.CRYPTOSDAILY.ONLINE
Top ico list and live coin prices
How far will it go down ?
WWW.CRYPTOSDAILY.ONLINE
Top ico list and live coin prices
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