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Topic: Free Fall!! - page 3. (Read 670 times)

member
Activity: 266
Merit: 10
January 16, 2018, 07:27:43 PM
#34
Stay cool and hold. The prices will hopefully rise again. China and Korea are currently regulating the market.
That just causes the price decline.

I think so. Dont be panic because this issue. I saw the price very down but i dont panic at all. Stay calm like you said.
As my experience, the issue like this is many time happen so thats why i still stay calm.
member
Activity: 301
Merit: 11
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
January 16, 2018, 07:27:26 PM
#33
Weak hands will always fall,holders will always prevail.Look at the FUDS that are spreading few days back,some financial institutions are going to join our crypto market thats why they are preparing for a good entry but how?they spread something that people will trigger to do panic selling the result will be bloody like what happened to the market,but this is the perfect time to get into the market when BTC is cheap and the alts are cheaper,you should know this is how the big players do.
jr. member
Activity: 104
Merit: 3
January 16, 2018, 07:26:50 PM
#32
-25 percent is free fall? It's funny. So then when there will be a growth of 25 and then in 50 percent we will call it tuzemoon  Cool

Nope I lost more than 50% of my portfolio and it is still dropping and this third day everything is dropping harder than the previous two days. Bitcoin is testing 10k USD support, if it doesn't rebound now then we are going into free fall for sure and that's basically going to be the big crash of Crypto where there will be blood in the streets and for some potential suicides. Many people and families only have crypto to survive on nowadays like myself, so if this doesn't work, many people will be left in dire poverty.

I'm not trying to be a dick, but why in the world would anyone put everything into such a volatile market???  People like that might as well just take their money down to the nearest casino and bet it all on a random number on the roulette table because that really is what betting on cryptos is right now.  There is nothing stopping a couple of people from crashing the market.  No, that wasn't a typo.  People don't seem to realize just how much power even the average whale exerts on the markets.  The big ones could probably move BTC 25% in either direction on their own if they wanted to, and since BTC is at this point the very visible mascot of cryptocurrencies as a whole, such a move would cause all of the others to move in cascading waves as well, which causes panic or euphoria in the gullible masses, which causes people to do even stupider things based on their emotions, and on and on.  It's been said before, but some people still don't get it.

DON'T GAMBLE WITH ANYTHING THAT YOU AREN'T WILLING TO LOSE.  ASSUME THAT WHATEVER YOU PUT INTO CRYPTOS IS ALREADY LOST!
newbie
Activity: 33
Merit: 0
January 16, 2018, 07:23:17 PM
#31
Be strong, HODL. HODL. HODL.
Believe in Cryptocurrency.
After every storm, there is a rainbow (and a unicorn, maybe.)


member
Activity: 129
Merit: 10
RedTube & Rasputin Party Mansion
January 16, 2018, 07:22:10 PM
#30
It's not free fall, it's just a correction. Look at the past charts, you'll see that every year in january there was a "free fall"
member
Activity: 205
Merit: 10
January 16, 2018, 07:17:13 PM
#29
This just opens a great opportunity for those who wants to hold. Though there is no assurance that it would rise up again. We must still take and remember that in this world patience and calmness brings great profits.
member
Activity: 126
Merit: 90
January 16, 2018, 06:56:25 PM
#28
Growth of cryptocurrencies could not occur constantly Wink
full member
Activity: 420
Merit: 105
January 16, 2018, 04:53:05 PM
#27
I think this happens every now and then. It's fair to feel scared or worry about your investment, but if you believe in what you bought, you should be fine  Grin

I really agree with you on this point because this major correction is really healthy for the market in a long term perspective, the last time when Bitcoin dropped from 5000$ to 2800$ it rose back and touched 19000$ , so just be patient and hold on to your cryptos because after this we are all gonna see new ALL TIME HIGHS.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
January 16, 2018, 04:45:45 PM
#26
-25 percent is free fall? It's funny. So then when there will be a growth of 25 and then in 50 percent we will call it tuzemoon  Cool

Nope I lost more than 50% of my portfolio and it is still dropping and this third day everything is dropping harder than the previous two days. Bitcoin is testing 10k USD support, if it doesn't rebound now then we are going into free fall for sure and that's basically going to be the big crash of Crypto where there will be blood in the streets and for some potential suicides. Many people and families only have crypto to survive on nowadays like myself, so if this doesn't work, many people will be left in dire poverty.
member
Activity: 252
Merit: 22
Marketplace for sensor data
January 16, 2018, 04:43:35 PM
#25
Come on guys. We all know this isn't the end for cryptocurrency. It is a game of risk and gain,  up and down. So do not panic but think  and plan.
Yep. It's really normal Smiley) The price dump and pump everyday Smiley) But the big dump like this will take longer time to rise back than normal Smiley) Maybe it'll take for weeks for all cryptocurrency rise back as normal so trader and holder should be patient and wait until the storm get over Cheesy
full member
Activity: 602
Merit: 100
January 16, 2018, 04:42:03 PM
#24
Come on guys. We all know this isn't the end for cryptocurrency. It is a game of risk and gain,  up and down. So do not panic but think  and plan.
member
Activity: 336
Merit: 10
Revolutionising Marketing and Loyalty
January 16, 2018, 04:37:47 PM
#23
-25 percent is free fall? It's funny. So then when there will be a growth of 25 and then in 50 percent we will call it tuzemoon  Cool
member
Activity: 196
Merit: 10
Transforming the Global Shipping Industry
January 16, 2018, 04:35:18 PM
#22
I'm a bit at a loss from this red market. But I think that this is not the end and the fall will continue.
By TA looks like it will keep falling. But it doesn't mean that this is the end of the crytpo.
jr. member
Activity: 166
Merit: 1
January 16, 2018, 04:31:33 PM
#21
Ive never seen it drop this fast before, was gonna sell this morning but decided not to

Now its definitely too late to sell, though i worry prices could go down a lot more yet, especially if BTC drops below 10k
member
Activity: 126
Merit: 15
HodL!
January 16, 2018, 04:30:58 PM
#20
Watch the charts, 1 hr bars for potential reversal. BTC has printed the yearly low in January in 2015, 2016 and in 2017. It may be the same in 2018, if so this is the buying oppurtunity of this year.  We will see in 11.5 months...
jr. member
Activity: 242
Merit: 7
January 16, 2018, 04:29:59 PM
#19
I\m holding but I understand why people would give in to panic. Good luck
jr. member
Activity: 210
Merit: 1
OMNITY Knowledge, connected
January 16, 2018, 04:29:03 PM
#18
There are many speculative maneuvers, as governments woke up and want to profit.
Btw, they can't stop anything: if I want to sell a car, for example, and accept to be payed in bitcoin, no one can say anything, if i pay my taxes in fiat money.
newbie
Activity: 30
Merit: 0
January 16, 2018, 04:27:15 PM
#17
I can feel for some people in the telegram chatsm some are really low under stress, and done a runner, typical buy high abd sell low, they even felt much better after sell at a massive loss.

so is life

money is not for everyone, that's for sure
sr. member
Activity: 1596
Merit: 335
January 16, 2018, 04:08:11 PM
#16

Korea and China FUD is affecting bitcoin price. However, I really think it's a good thing for investors because it's a good time to buy when everyone else if panicking to sell their bitcoin because of the chart fall. If you are late for selling and buying back, just hold on to your bitcoin.
member
Activity: 364
Merit: 12
January 16, 2018, 04:05:36 PM
#15
Stay cool and hold. The prices will hopefully rise again. China and Korea are currently regulating the market.
That just causes the price decline.

I agree with you. Market is too volatile only because of China and South Korea news... Bad situation, but we will see the growing in nearer future.
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