Topic: Crypto market is plunging - page 3. (Read 1247 times)
I'm not surprised price correction like this, Because this often happened when prices have risen sharply, there will be a strong price correction up to 20%, So take advantage moments like these to buy top potential coins on coinmarketcap. And now you can see that the market price has recovered and the Bitcoin price has gone up again.
It is normal that in a price increase we have price corrections. This happens even in traditional markets.
But don't worry, it's still too early for the strong price corrections.
We will have all of 2021 and more with bull markets...
But don't worry, it's still too early for the strong price corrections.
We will have all of 2021 and more with bull markets...
Corrections are normal in every type of market, if a correction happens; it doesn't mean that it is already bearish. The momentum just ended and it is the characteristics of a chart to do some price drop before it continue to make another high. There is already correction happened last week where a lot of cryptocurrencies dropped more than -10% and it for me it is a sign of healthy market because the price is making pullback where it can be a right opportunity to ride and grab those opportunities.
Try to observe the current state of the market, it is very bullish because we are now approaching to beat the ATH of the bitcoin and some of altcoins out there are now starting to move and for sure it is because of the manipulators in the market.
It is normal that in a price increase we have price corrections. This happens even in traditional markets.
But don't worry, it's still too early for the strong price corrections.
We will have all of 2021 and more with bull markets...
But don't worry, it's still too early for the strong price corrections.
We will have all of 2021 and more with bull markets...
Indeed, the market went down, but this is a temporary drop. I don’t think there is any reason to panic. You need to understand in more detail how the crypto market works. The rise in prices and their fall is a normal process, as it gives an opportunity to earn money. As for growth, it has just begun and of course will be accompanied by periodic drops, since there are those who fix profits and those who want to buy cheaper.
this down just for a while and in short word this is only a corrections my friend
so, there is no reason for panic if we understand how the market work
Just a normal phenomenon，please calm down and don't make a fuss. I can totally understand you feeling，because i had this feeling before，that is when i as a crypto newbie.
currently bitcoin is experiencing a price correction and of course it is only natural that the crypto trading market has experienced a decline which may be due to the current price correction in bitcoin and if later bitcoin can rebound again and be able to break price resistance it will certainly have a positive impact on the crypto market. So, it's true, as you say, we don't need to panic now because this decline is a common thing in the market.
It's awesome to see that the market correction is over and there has been a good percentage of increase in the value of ethereum and Ripple most especially. I was relaxed when I saw the dwindling prices because its a norm in the cryptocurrency market. I do hope that we would surpass the market resistance and mark a new ATH.
It's not only a norm in crypto currency markets it is also a norm in all other markets. When markets rise extremely sharply in a short period of time, sooner or later there will be a correction. The only question is, will there be a short correction and then the rise will continue or will there be a long-lasting crash (as we had from early 2018 to late 2019). In this case it is definitely the former, so it was a good time to buy more cheaply.
Indeed, the market went down, but this is a temporary drop. I don’t think there is any reason to panic. You need to understand in more detail how the crypto market works. The rise in prices and their fall is a normal process, as it gives an opportunity to earn money. As for growth, it has just begun and of course will be accompanied by periodic drops, since there are those who fix profits and those who want to buy cheaper.
Look like normal everyday and i don't saw yet for bull run altcoins market. There are lot of altcoins market still under in dumping but remain pump btc and eth. It's my bad that's why I have bought some defi coin because at the time still price failed. Really i expecting the altcoins market pumping time when i can sold.
It's just an ordinary condition, so don't overdo it assuming market conditions will be worse, watch the current market has recovered quickly and be lucky if you bought it yesterday, don't just complain when the market goes down because that's the right momentum to grow your portfolio.
Just a normal phenomenon，please calm down and don't make a fuss. I can totally understand you feeling，because i had this feeling before，that is when i as a crypto newbie.
Fast forward 3 days later now it's up again. It's a market correction and that happens frequently with the market that's bullish or after experiencing the pump. Now that the market correction has happened I only expect the market to go far up
since our bitcoin has long been stagnant and stuck at the same price level for quite of the time.
Bitcoin retirement plan, paypal adoption and many more. Hopefully those are enough to drive the price up significantly.
since our bitcoin has long been stagnant and stuck at the same price level for quite of the time.
Bitcoin retirement plan, paypal adoption and many more. Hopefully those are enough to drive the price up significantly.
Majority of crypto enthusiasts buy into coins only when price start plunging up, and are not always interested to buy when prices are down. I think best strategy is check when a coin retest a good support level and immediately wants to bounce up, rather than buying when prices start rising and if there is a major resistance, prices might fall from there. Everyone is optimistic that this current uptrend will continue, well its a good thing if bullrun continues for BTC, even though right now just few alts are following the uptrend.
Fast forward 3 days later now it's up again. It's a market correction and that happens frequently with the market that's bullish or after experiencing the pump. Now that the market correction has happened I only expect the market to go far up
since our bitcoin has long been stagnant and stuck at the same price level for quite of the time.
Bitcoin retirement plan, paypal adoption and many more. Hopefully those are enough to drive the price up significantly.
since our bitcoin has long been stagnant and stuck at the same price level for quite of the time.
Bitcoin retirement plan, paypal adoption and many more. Hopefully those are enough to drive the price up significantly.
It's awesome to see that the market correction is over and there has been a good percentage of increase in the value of ethereum and Ripple most especially. I was relaxed when I saw the dwindling prices because its a norm in the cryptocurrency market. I do hope that we would surpass the market resistance and mark a new ATH.
The world plunging is the most used up word in Cryptocurrency, like HODL and pump and dump, we always see topic like this every time the market is crashing but this is an endless cycle and will continue to be here as long as the market is highly volatile, expect the market to comeback and make a big pump.
bitcoin movement starts today and will show a rebound. I think the price of bitcoin will touch the point of $18000 until the end of the year it will increase slowly.
That's predicted by a lot of experts and the correction will be a short term correction consider the sentiment of bitcoin market is a very good due to the so many bullish news have come to the market since a few days ago. People didn't know if the correction will always become the best time to buy some bitcoin. 18k will be a very easy rate to be achieved by bitcoin. The bitcoin already expected to surpass 20k rate before the end of this year.
bitcoin movement starts today and will show a rebound. I think the price of bitcoin will touch the point of $18000 until the end of the year it will increase slowly.
That's predicted by a lot of experts and the correction will be a short term correction consider the sentiment of bitcoin market is a very good due to the so many bullish news have come to the market since a few days ago. People didn't know if the correction will always become the best time to buy some bitcoin. 18k will be a very easy rate to be achieved by bitcoin. The bitcoin already expected to surpass 20k rate before the end of this year.
There was a slight correction of the cryptocurrency market and many cryptocurrencies fell slightly in price, but it is already clear that almost all cryptocurrencies have recovered and it looks like another growth is expected, so I do not think that another correction of cryptocurrencies is expected this year, most likely now cryptocurrencies will start to reach new heights.
I can't think as optimistic as you are when Bitcoin's price data plummeted in the last days of the year. So I don't think this is just a correction, it is a sign of bearish trend in the coming days. Maybe this year 2020 was really lost by Covid 19, everything will collapse if the general economy collapses into hyperinflation. We'd best not be greedy now, stay calm and don't all in now. 
I guess this is only a correction on the grounds that crypto market was ascending too high as of late.
As should be obvious, bitcoin nearly arrive at 2017 All time high, hardly any days prior it was around $19k+
The market correction is needed, a few people need to sell their coins in light of the fact that the current price are higher than their buying price.
As should be obvious, bitcoin nearly arrive at 2017 All time high, hardly any days prior it was around $19k+
The market correction is needed, a few people need to sell their coins in light of the fact that the current price are higher than their buying price.
I think controlling the market by buying and selling. But now the reason for being a market pump is btc 18 k so everyone is just holding this btc. But when there is no more time to pump it, then everyone will be interested in buying other tokens and at the same time all the coins will start pumping.
Today all Crypto markets are starting a strong and significant price drop, a lot of top coins are falling like BTC, ETH, XRP ... there will be a price correction coming strongly, what do you think about this after the strong drop this morning.
Price correction exists for short term so no need to worry about if you beleive that the prices are dropping due to correction phase. Today the prices started to surge and bitcoin is nearing 18K again so its a good sign that we are still in the bullish trend which may get more stronger if we hit new all time high. Jump to: