Topic: Crypto experienced bloodshed - page 3. (Read 808 times)
I think the thing that has rocked crypto in the last month is the issue that Binance is having a crisis, I'm also worried that Binance will be like FTX so withdraw almost all the funds on Binance and all the funds are safe and I don't think it's a problem so the market is now reacting positively.
Today the Red Market again and Bitcoin now fall under $ 25K, of course this is a tough test for us, but for those of us who focus on long -term hold, waiting for a cheaper price is a good solution to buy more, because I am optimistic that the market will soon rise again because next year there will be halving day.
This ain't the first time, and won't be the last time. We just need to accept the fact that it is going to be like this for a good while and we will end up with a good and thoughtful period that needs to be considered as a big deal. I know that bloodsheds are unavoidable, so why not turn them into your benefit? If you know for a fact that bitcoin does go up and recover time to time, and you know that there are bloodsheds that crash the price, best thing to do is sell at the top and buy at the bottom.
It's not really that hard, sell when it's 5x higher, buy when it's 70% down, that's it, doesn't need to be all of a sudden, just check the bottom and see the increase from the bottom, and check the peak and calculate the decrease from there, you will do quite well if you kept following this.
Movement or price volatility would always be a part of it and its true that theres no last time or end to it on which means that the price would be always that volatile.On a market we do really have that It's not really that hard, sell when it's 5x higher, buy when it's 70% down, that's it, doesn't need to be all of a sudden, just check the bottom and see the increase from the bottom, and check the peak and calculate the decrease from there, you will do quite well if you kept following this.
that moving upwards and downwards when it comes to price and as said that we cant really be just seeing green candles most of the time on which means that if there's a pump then there's really a dump or a market correction. For those who do have experience within this market would really be definitely know on how to deal up with this space and instead on freaking out. It would be ideal that you should really know on how to distinguish in between opportunity and the best time to hold. You would soon be able to acquire up these skills on the time that you had able to
gain up the experience on dealing with this market.
It did not expect that if the market red was long enough, since last March, the hope to continue to rise because it will soon be Halving which will usually make a significant increase in prices, but we must be optimistic that the market will soon rise again and this bad trend will soon end.
No, since the start of the year, January, we are enjoying a huge bullish ran, that month alone we have a huge uptick of 40%. February as well was a good month to us. It's just this June, everything started to look negative.
Events like the problem with major exchanges like Binance and Coinbase can certainly impact market sentiment and investor confidence. But this is also an opportunity for us because these can drive the price of bitcoin lower so that we can buy it at a better price than before. It is also a good time to buy some altcoins when the market is not doing really well. Overall, I don't think the bitcoin price will be affected too much, so make good use of it when the market is FUD.
We might thought that the SEC is going after exchanges, but the timing of their attack. And when bitcoin price is slowing down from the month of May to June, suddenly we've seen this news causing the market to have a flash crash. Now, it seems that there are huge selling again, bitcoin trying to claim our support levels of $25k and so it doesn't look good at the mid-week. Not sure what causing this decline, it might be that there could be another negative news around that dampen investors confidence in bitcoin again.
Events like the problem with major exchanges like Binance and Coinbase can certainly impact market sentiment and investor confidence. But this is also an opportunity for us because these can drive the price of bitcoin lower so that we can buy it at a better price than before. It is also a good time to buy some altcoins when the market is not doing really well. Overall, I don't think the bitcoin price will be affected too much, so make good use of it when the market is FUD.
This ain't the first time, and won't be the last time. We just need to accept the fact that it is going to be like this for a good while and we will end up with a good and thoughtful period that needs to be considered as a big deal. I know that bloodsheds are unavoidable, so why not turn them into your benefit? If you know for a fact that bitcoin does go up and recover time to time, and you know that there are bloodsheds that crash the price, best thing to do is sell at the top and buy at the bottom.
It's not really that hard, sell when it's 5x higher, buy when it's 70% down, that's it, doesn't need to be all of a sudden, just check the bottom and see the increase from the bottom, and check the peak and calculate the decrease from there, you will do quite well if you kept following this.
It's not really that hard, sell when it's 5x higher, buy when it's 70% down, that's it, doesn't need to be all of a sudden, just check the bottom and see the increase from the bottom, and check the peak and calculate the decrease from there, you will do quite well if you kept following this.
actually the best time to buy is when the bitcoin price is in the range of $ 17k but now is also the right time to buy and maybe even the last chance before the bullish 
The SEC is an old issue and often appears ahead of the bullish, but even then this news will slowly fade and the crypto market will recover again. so make the best of this moment to get maximum profit in the upcoming bullish phase.
The SEC is an old issue and often appears ahead of the bullish, but even then this news will slowly fade and the crypto market will recover again. so make the best of this moment to get maximum profit in the upcoming bullish phase.The value of crypto will be sharply decline and what kind of reason and already all should know him i think so and control the crypto and its not good , aged the negative news and activities are the reason for decrease the value and market how reduce before that come to know and people will be sale first and this cash most danger part are called and heat when will reduce nobody cant say and will going decline at the time new accusation will come .
It did not expect that if the market red was long enough, since last March, the hope to continue to rise because it will soon be Halving which will usually make a significant increase in prices, but we must be optimistic that the market will soon rise again and this bad trend will soon end.
The bloody market is common in crypto exchanges,
especially as we all know that high volatility in the crypto market has become a feature of cryptocurrencies.
and one of the things that traders and investors like because high volatility can provide high profits too,
so we have to be smart to read price movements.
Quote from: ndutndut
What do you think of your friends to take advantage of situations like this, is it now the right time to buy a few coins?
Yes, the price of coins has decreased more to allow whoever that want to buy for short term trading or long term trading to use the opportunity to be part of the advantage, because the market price will definitely increase higher before the end of next month. I believe, my friends will definitely embrace the advantage since it has been long they prepared for another bearish season before they can visit the market to buy potential coins that will bring them favour in a way they will be proud to invest more on that particular coins. I don't think, the price will still dump more than $25,000 before it will return back to $40,000 for those that invested to have something good to achieve.
actually the best time to buy is when the bitcoin price is in the range of $ 17k but now is also the right time to buy and maybe even the last chance before the bullish The SEC is an old issue and often appears ahead of the bullish, but even then this news will slowly fade and the crypto market will recover again. so make the best of this moment to get maximum profit in the upcoming bullish phase.
The SEC is an old issue and often appears ahead of the bullish, but even then this news will slowly fade and the crypto market will recover again. so make the best of this moment to get maximum profit in the upcoming bullish phase. 
I think by now we all already know what causes the sharp decline of these crypto prices. The sec is clamping down hard on crypto which is not good. As usually any negative news and actions always cause the price to dip as people will sell first before understanding why the market goes down.
And the worst part of this case is you can't say for sure when exactly the heat will cool off.
It is almost like the moment the market is about to reverse the sec will come with new allegations.
And the worst part of this case is you can't say for sure when exactly the heat will cool off.
It is almost like the moment the market is about to reverse the sec will come with new allegations.
One thing I don't understand is why POW coins like Doge and LTC are suffering. I am assuming there is a chance that in the USA, many ICO tokens such as ADA or MATIC will be deemed securities and they won't be tradeable on BinanceUS or any of the other exchanges located in the USA.
I think it's just the irrational means of the market that causes the likes of POW coins, that clearly aren't securities, to suffer. With the exception that Elon might get sued for pumping Doge.
In summary, the usual reaction within the market happens as follows:
1. People sell-off coins that are deemed securities by the SEC, therefore the entire market suffers, including POW coins
2. People stop selling off Bitcoin and Ethereum as much as other speculative assets, because ultimately they are unaffected
3. People stop selling off Bitcoin as price still remains relatively stable compared to other assets, and it will never be deemed a security
This ultimately leaves POW coins unable to compete with Bitcoin, even Ethereum that wasn't labelled a security, simply because people are shifting away from shitcoins back to Bitcoin as it's dominance continues to increase. It's less of a reflection on the likes of Doge and Litecoin, but more of a reaction to the general shift away from altcoins. That said, Doge in particular still remains considerably overvalued imo.
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Every drop is a buying opportunity. Have a goal to buy bitcoin on every drop.
If you are thinking on that aspect every drop is an opportunity to accumulate more coins and if you are watching the whale alerts on social media you could see that many whales are accumulating thousands of coins during the last few days and that is the normal trend whenever the price went down as many are looking to accumulate the coins for the next bullrun. Every drop is a buying opportunity. Have a goal to buy bitcoin on every drop.
Almost a week, the prices of many altcoins experienced a bad trend, BNB and MATIC, which were in the top 10 ranking, dropped more than 20%, and this certainly had an impact on the market so that the price of bitcoin also continued to decline, and if altcoins do not recover soon, it will certainly make bitcoin price will also continue to decrease.
If the SEC's theory succeeds in court Binance, Coinbase and all other crypto exchanges will become entities that must be registered by the US federal government and follow rules they set to protect individual investors. That's the last thing i want for cryptocurrency market. But even in the worst case scenario of this legal battle Bitcoin, Ethereum and Ripple may not suffer. The SEC didn't bother calling them securities in the Binance or Coinbase lawsuits. This may cause individual investors and institutions to see less risk and more potential in these cryptocurrencies. The fact that the SEC does not take a stance against these cryptocurrencies can be an extremely positive situation for XRP, ETH and BTC. I think that BTC and ETH will see their way and altcoin season will be over after the court decision, no matter what the result comes out. If the court result is in favor of the SEC.
I do not further measure the actual market interest in the fundamental side of the coins that are disputed here. As for the SEC lawsuit meaning it has depreciated most of the market capital flows which it ascertained from US users, I dunno if they have the opportunity to trade that elsewhere in the future. I only predict the domino effect that will occur from this event, that the global SEC will do the same.
Maybe we are also now in an era where everyone does not have to follow the decision from the US about cryptocurrency and other economy and financial arriving conclusions and approach, those within the US may have little more challenges with their government regulations affecting the operation of Binance exchange but i can say it very clear and direct that this will not be a global issue to be treated on everyone as long as people have known how to take their bitcoin off exchanges. Sure bloodsheds happen all the time but if you are ready with DCA your way back, or stop loss, then you shouldn't be worried about bloodsheds at all, it wouldn't hurt you all that much. Too many people act as if this is avoidable, but this is a financial market, bloodsheds happen all the time and all we can do at this point is to learn to live with it.
The sec literally doing everything possible to discredit crypto and send it crashing but the resilient nature of the crypto space has kept it going and staying strong in this period of attack.
Probably that's there intention, but still crypto can't be stop or discredit even by the US government. The price might suffer but it will just temporary. Remember that we still have the bull run coming next year so shouldn't deter ourselves from buying at this dip and then HODL for the next bull run.And what is most interesting is, they are not just going after one projects but multiple projects which the claim are operating as security. The market has really take a blow because of this negative attack but i trust it will end up as another history in crypto. Nothing to worry about.
They have been going on like that, they initially targets those ICO/IPO, now it seems that their next target is crypto exchanges like Coinbase and Binance who they think facilitate securities for US citizens. But yeah, we shouldn't worry about it, this is just part of the market, every like bull run/bear market cycle, we have this kind of attacks. 
What do you think of your friends to take advantage of situations like this, is it now the right time to buy a few coins?
I don't see how this is a situation where someone can take advantage of it, there is more and more bad news coming out and the market reacts to each one of them because we know how sensitive cryptocurrency traders are and they need nothing more than a bad news to start panicking and selling their assets like the market is about to die forever, but that is how it is, you can't stop things like these, so you simply act according to it.I personally would stay away from buying altcoins in such situations, these are not the right times to buy altcoins or even Bitcoin because even Bitcoin will be affected by all these bad news coming out every other day. So I would probably recommend waiting for a while before making any big purchases in altcoins.
I think back to March 2020 when the whole market was falling even harder than it is now, but many coin prices are back to those levels. I believe that this bloodbath could be the end for the bear market and an upturn could start soon. Usually people sell in large volumes because of fear, which is what happened this week. It will take some time to recover, but I think there will be an uptrend next.
Correction of market prices is not a big problem for those who have planned investments for the long term. Let the weak hands lose their assets in a panic while they will soon realize that the whales are far better prepared to make big profits in future by accumulate now.The impact of the SEC and Binance as well as a number of other things is causing US traders and holders to have to sell their holdings of assets, but I believe that this will only be a short term impact before the market recovers. I'm not surprised about the dump in market cap in June, even if it weren't for the SEC and Binance.
We cant really just be having that one path to take which is upwards, it isnt really called a market if we dont really have these fuds and other fundamentals around which causes the price to be way more volatile.Crypto market does have those ups and downs and this is really where emotional test would really be happening and if you are that someone who do have that weak emotions then for sure you would really be that susceptible when it comes to errors and mistakes on things that you have done.
This is why instead of freaking out these kind of times, it would be much more wiser if you do really know on taking this as an opportunity for you to buy more instead of panic selling.DCA is always the key.
crypto currency and another economy and finance related decision and way of approach and not obey the American results and we are in one stage and who all are in America they destroy the France activities and they are some challenges is there and in exchange the not take a bitcoin exchange and they people who know and this is not have international problem and i m tell this are directly and strongly .
I think back to March 2020 when the whole market was falling even harder than it is now, but many coin prices are back to those levels. I believe that this bloodbath could be the end for the bear market and an upturn could start soon. Usually people sell in large volumes because of fear, which is what happened this week. It will take some time to recover, but I think there will be an uptrend next.
Correction of market prices is not a big problem for those who have planned investments for the long term. Let the weak hands lose their assets in a panic while they will soon realize that the whales are far better prepared to make big profits in future by accumulate now.The impact of the SEC and Binance as well as a number of other things is causing US traders and holders to have to sell their holdings of assets, but I believe that this will only be a short term impact before the market recovers. I'm not surprised about the dump in market cap in June, even if it weren't for the SEC and Binance.
We cant really just be having that one path to take which is upwards, it isnt really called a market if we dont really have these fuds and other fundamentals around which causes the price to be way more volatile.Crypto market does have those ups and downs and this is really where emotional test would really be happening and if you are that someone who do have that weak emotions then for sure you would really be that susceptible when it comes to errors and mistakes on things that you have done.
This is why instead of freaking out these kind of times, it would be much more wiser if you do really know on taking this as an opportunity for you to buy more instead of panic selling.DCA is always the key.
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