Topic: Free Fall!! - page 4. (Read 670 times)
This price fall is caused by the news that China and Korea want a complete ban of the cryptocurrencies. Investors hurry to cash out their coins, which causes the price decrease. It's also something that happens every year around this time. And this all coincides with Chinese new year, people cash out to buy presents and stuff before they go home for the holidays.
Free fall is the word.I just sat back and watched my portfolio slash down by $10k.For sure recover will happen soon but for now I'm holding hard and filling my bags like crazy.
It is in these moments that you have to put into practice what you have learned, and to test the one that studied, find the reason for the falls and learn from them and do not forget to fill the coin bag, better moment.
Bad governments of the world will try by all possible means to bring down the cryptocurrency world but they all will fail. I think the crypto world has come to stay even though there will be ups and downs sometimes.
I think you should not be afraid. Hold on and do not drain your deposits. Just someone now is well bought! 
Not the first time, not the last time. These corrections simply happen from time to time when some people decide it's time to cash in. For long-term investors this should not be too much of a concern.
Stay cool and hold. The prices will hopefully rise again. China and Korea are currently regulating the market.
That just causes the price decline.
That just causes the price decline.
As I have read it not even the chinese are sure if that news (at least the chinese part of it) is true.
I lost 2/3 of my portfolio value in 2 or 3 days. Not a big problem because i'm not think in selling this period, i'm just going to hold and buy more when i can.
Guys, do not be afraid, just use this incredible opportunity to keep buying some more cheap altcoins, this is nothing yet, maybe it will fall a little bit more, but just use this opportunity to buy as much as you can, it is very easy to make money with this bear market.
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.
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 
If they're free falling then it's not really a correction. A correction would imply they're correcting to a reasonable level where the price is more accurately reflected by the support in the market. (This is what I believe is happening). Free fall would imply something more synonymous to a bursting of a bubble where they are falling without there being any real support in the market and no clearly identifiable bottom.
Stay cool and hold. The prices will hopefully rise again. China and Korea are currently regulating the market.
That just causes the price decline.
That just causes the price decline.
Jump to: