Market seems in correction mood - page 2.

milewilda

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Quote from: Nazmul012 on May 30, 2024, 02:32:30 PM

That was natural OP cause now we can see these dumps are already recovered and altcoins already raised up alone with Bitcoin. So don't be panic or don't sell your share what you have hold for upcoming bull season.rather correction market provides opportunity to buy more altcoins with discount price. So you should follow it. And It is very normal for crypto insutry to pump and dump continuously. Its also provides opportunity for traders for DCA and making profit.

If we do speak about market conditions then consolidation period or moving sideways is one of the common scenario that we do able to experience in the market same goes with those correction and pumping condition.

This is why majority of us would really be trying out to catch up whether to DCA or would be securing our profits or would really be waiting up for the right entry on which we would really be basing up ourselves
depending on the market condition on which this would really be just that a common approach that we would really be doing. It is really just that outcomes and results will really be that depending on how well we do make out some decisions on which we know that this is something that we will really be that also be in random.

Speculations would normally be floating around on which it would really be that normal. Get yourself get used to market conditions on which as the moment you would really be
able to have that kind of experience towards the market then you would really be knowing on what are the next steps that you would be making on which it would really be
just that a normal approach to have.

Nazmul012

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That was natural OP cause now we can see these dumps are already recovered and altcoins already raised up alone with Bitcoin. So don't be panic or don't sell your share what you have hold for upcoming bull season.rather correction market provides opportunity to buy more altcoins with discount price. So you should follow it. And It is very normal for crypto insutry to pump and dump continuously. Its also provides opportunity for traders for DCA and making profit.

Velemir Sava

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Quote from: Jonyshake71 on April 13, 2024, 06:35:04 PM

What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

Why temporary issue war is always a scourge for the crypto market. I don't think it will have an effect until BTC corrects by 50% because of the war. For me, it's just an issue of costs and investors are more likely to look at market developments to see if there is any information regarding interest rates, inflation rates or the approval of a new ETF after BTC and ETH. For my own correction, I think it's quite normal at the moment.

avarnet

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This is a normal thing that happens when market prices decline as a way to rise bigger, we can see what happened in the previous year, the market always fluctuates actively at any time when prices dump, it is not a reason that there is the influence of conflict in a particular country. So a market correction will create new opportunities for us to trade existing coins.

mdtamimahmed890

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A ton of alt coins siphoned a ton, Solana coin specifically has expanded in esteem more than I envisioned. Bitcoin dividing is a couple of days away and the rectification might have proactively begun. I figure we ought to be hopeful that the cost about to moves up again after the splitting happened considerably more so when ETF some way or another got supported then its will be enormous for ethereum and perhaps might make the market bullish and as the outcome bitcoin additionally scales by the day's end.

d3nz

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Quote from: 3la9l_kolbaCa on May 22, 2024, 01:07:33 AM

Quote from: Jonyshake71 on April 13, 2024, 06:35:04 PM

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

It was just speculations, that war has no huge impact with the corrections of market price. We need to consider demand and other factors that arises randomly. As we experience fluctuations, the downtrend gives us the opportunity to initiate an entry for every investment. Let's see how this current pump affects our holdings, stay positive and stay firm on decision making.

Speculation means a lot of of for traders who are seeking insight for experienced traders and what people think will happen in the future. I would say that it is part of the market cycle and it is normal to go up and down and it is up for the trader when they will take advantage of the market and it is a matter of time.

And today's market, we don't know what will happen next but there is speculation that bitcoin might dip which is a good time to buy.

Nothingtodo

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Quote from: Essential10 on April 14, 2024, 05:35:23 AM

At the start of the year, Bitcoin hit new highs, breaking past records centered on Bitcoin ETFs. A lot of alt coins pumped a lot, Solana coin in particular has increased in value more than I imagined. Bitcoin halving is only a few days away and the correction may have already started, the market has been very bearish in the last 24 hours. Current market conditions do not seem to me to be focused on a single country attack. I think it's the Bitcoin halving that's creating such a frenzy in the market.

As Bitcoin increases, other altcoins also increase in price, especially Ethereum and Solana, which have increased the most with Bitcoin's price this time. But the market has to accept that there has been a lot of correction compared to before, especially compared to the highest price of Bitcoin in 2021, this time Bitcoin has exceeded 73 thousand dollars. However, if Bitcoin exceeds 100k dollars, the price of other altcoins will also correct.

Lamkuthang

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Quote from: rodskee on May 18, 2024, 12:44:31 AM

Quote from: Mehedi72 on May 17, 2024, 06:29:48 PM

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time.

is it EXPECT ? and not except ?

and there are no continues increase in anything mate not even in all investment in the world,
but bitcoin is always better to look in so many ways even in the future.

Yes. of course, and where there is crypto, it continues to rise and there is no correction. BTC alone is the purest and also does not escape market fluctuations.

Well, at first glance, corrections are normal, but they have a very mental impact if we happen to buy them not during corrections, when the price is hyped, that's why many people are thinking about seeing the estimated value of their assets continuing to decrease and on the other hand, it also takes a fair amount of time to get back to the original price.

It's important to keep your emotions in check here if it doesn't destroy your investment and end up with a loss.

Silberman

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Quote from: X-ray on May 21, 2024, 08:19:02 PM

DCA is great for people that have steady income overtime they simply just DCA their capital into bitcoin and they are profitable already but its always the game of time.
predicting the market works wonder in the favour of us venturing to get more profit than usually by risking the safety which is what most of people afraid of when investing but yes.
its always nice to have peace of mind to DCA rather than keep predicting the market if our prediction turn out not so accurate anyway.
personally i will stick with both, just for the sake of getting that additional profit since i don't really have the luxury of waiting until the price reached target sometime.
its just overall matters of what we prioritized the most.

At the end each person needs to select the strategy that works for them, I dedicated a great deal of my time to study the markets to become a trader, but even if a I have a solid strategy I realized early on that I simply do not have the right characteristics to become a good trader, so I made the transition to become an investor and I have been doing well since then, so even if the success I am looking for is taking longer than what it could have taken as a trader, at least I know that given enough time I will reach my goals.

3la9l_kolbaCa

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Quote from: Jonyshake71 on April 13, 2024, 06:35:04 PM

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

It was just speculations, that war has no huge impact with the corrections of market price. We need to consider demand and other factors that arises randomly. As we experience fluctuations, the downtrend gives us the opportunity to initiate an entry for every investment. Let's see how this current pump affects our holdings, stay positive and stay firm on decision making.

X-ray

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Quote from: kentrolla on May 18, 2024, 01:52:25 PM

Quote from: Mehedi72 on May 17, 2024, 06:29:48 PM

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility

Managing money has been the pain area for most of the users including those who have earned a fortune during bull run as I have seen my friend and even I have made those mistake wherein we were unable to plan out investment and strategy properly and end up losing it all until recently I figured out DCA as the best option. We need to come out of zone that we can predict the market like if it's in correction phase, pump or dump and rather have planned strategy for all the market situation.

DCA is great for people that have steady income overtime they simply just DCA their capital into bitcoin and they are profitable already but its always the game of time.
predicting the market works wonder in the favour of us venturing to get more profit than usually by risking the safety which is what most of people afraid of when investing but yes.
its always nice to have peace of mind to DCA rather than keep predicting the market if our prediction turn out not so accurate anyway.
personally i will stick with both, just for the sake of getting that additional profit since i don't really have the luxury of waiting until the price reached target sometime.
its just overall matters of what we prioritized the most.

AmoreJaz

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Quote from: kentrolla on May 18, 2024, 01:52:25 PM

Quote from: Mehedi72 on May 17, 2024, 06:29:48 PM

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility

Managing money has been the pain area for most of the users including those who have earned a fortune during bull run as I have seen my friend and even I have made those mistake wherein we were unable to plan out investment and strategy properly and end up losing it all until recently I figured out DCA as the best option. We need to come out of zone that we can predict the market like if it's in correction phase, pump or dump and rather have planned strategy for all the market situation.

It will take your experience to come up with this realization as you already saw what happened with your initial strategies. Also, as this market is very diverse, there is no single strategy that would work for various projects. Each project is unique, hence, you need to consider every aspect of its development. This is actually tedious as you will consume so much effort and time studying their possibilities. Hence, if you have no ample time, better stick to one or couple of alts to avoid too much stress from this market.

kentrolla

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Quote from: Mehedi72 on May 17, 2024, 06:29:48 PM

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility

Managing money has been the pain area for most of the users including those who have earned a fortune during bull run as I have seen my friend and even I have made those mistake wherein we were unable to plan out investment and strategy properly and end up losing it all until recently I figured out DCA as the best option. We need to come out of zone that we can predict the market like if it's in correction phase, pump or dump and rather have planned strategy for all the market situation.

rodskee

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Quote from: Mehedi72 on May 17, 2024, 06:29:48 PM

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time.

is it EXPECT ? and not except ?

and there are no continues increase in anything mate not even in all investment in the world,
but bitcoin is always better to look in so many ways even in the future.

Quote

It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility

lol we can only predict one thing and that is the increase from the Halving effect at least in
the next coming months.

Mehedi72

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Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility

lixer

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Quote from: Ludmilla_rose1995 on May 12, 2024, 12:45:49 PM

Quote from: Jonyshake71 on April 13, 2024, 06:35:04 PM

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

If we look back, we will often see the crypto market entering a saturation period and usually this happens when the Bitcoin price has finished its bullish rally, now that means the cause of the market correction is not an attack by Iran or anything like that, indeed the market correction is a natural part and important in the crypto market, it is impossible for prices to continue to rise, when the price of bitcoin reaches its peak the price will automatically fall too and altcoins will also get the impact of the price drop

It's like playing in gambling in a casino, that not all times we can win. The crypto market is also a business and someone else or the exchanges, profits from the people's losses. Even though crypto or the market, works like that (in cycle), it is still possible that the wars can affect them and not only the wars actually but other events too.

I am not sure about the true importance of the correction, I mean if what it contributes in Bitcoin internally or in its blockchain because I'm also/still aware that people can benefit with it by buying cheaply. It may not be like the halving where it decreases the supply of BTC making it to be more scarce in which its value can now be able to rise more.

Dunamisx

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Quote from: andyou1234 on April 16, 2024, 12:56:22 PM

It is true that currently the crypto market is experiencing a correction where almost all altcoin prices without exception Bitcoin are experiencing a decline, but in my opinion this is a very normal thing to happen, and of course is a very good situation for those of us who want to start investing in crypto. where we can buy several potential altcoins such as ethereum, binance, solana, and xrp, I am very optimistic that these altcoins will provide profits in the future.

The crypto market to some still remains a mystery because they cannot predict well or as accurately on what the market may look like each time we are going through a bearish or bullish trend, this is not also the first of it kind that we have market correction happen with time, things are not just the same way we have known them to be because we are dealing with volatile cryptocurrencies and each coins as well have their season of performance aside the general trend.

TastyChillySauce00

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Quote from: Justin999 on April 17, 2024, 06:38:24 PM

Reason could be verious and don't know which reason is mainly responsible for this situation or it also possible that all reason effects crypto world and that's why it dumped a lot. Even yesterday it was in recovery mood but today i got notification from my wallet, altcoins start losing their value again. Having could be an issue. Even war can be also responsible. That's why need to careful before entering market for investing or trading in cryptocurrencies

The same situation like 2021 is happening again. IDK whether this is coincidence or what.

I mean look at this.

Quote

GameStop stock GME roared back to life with a powerful 75% surge after meme-stock guru and the one who started it all — Roaring Kitty — made a surprise comeback. Keith Gill, using the moniker Roaring Kitty, posted online for the first time in about three years. It was a meme post on X of a man leaning forward in his chair, an image posted by GameStop in February. And, apparently, people figured out it was time to buy up. Shares of GameStop shot up more than 118% before closing down lower.

https://decrypt.co/230546/gamestop-meme-coins-are-taking-over-solana-as-pump-fun-sets-record

Roaring kitty is back again. GME pumped 100% and GME meme token 400%. This is very similar to the situation before 2021 bullrun. I think that the correction will be only temporary. I meant this can also become a signal if crypto is going to get back its big rally again.

Im hoping that this is gonna be another big bull like what happened a few years ago. It seems to me that if 56k has already become the new yearly bottom for bitcoin.

Im expecting a big rally to happen in the upcoming year.

rodskee

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Quote from: Dunamisx on April 18, 2024, 03:13:49 AM

Quote from: Justin999 on April 17, 2024, 06:38:24 PM

Reason could be verious and don't know which reason is mainly responsible for this situation or it also possible that all reason effects crypto world and that's why it dumped a lot. Even yesterday it was in recovery mood but today i got notification from my wallet, altcoins start losing their value again. Having could be an issue. Even war can be also responsible. That's why need to careful before entering market for investing or trading in cryptocurrencies

We have been hearing diverse speculations concerning the recent sentiment from the market as we experience the recent correction, though many believed that such was as a result of the breaking new concerning the attack made on Israel, but the market remains ever volatile and we cannot avoid to do away with having the incident of breaking news in the economy, not even now that we are more closer with halving, the remain more volatile.

at least this is not about the war that makes the market falling instead this is about the correction
and the normal effect of Bitcoin halving , things that we have been witnessing for many years now so if ever
we will experience a so much dumping then for me this is expected lol .

Quote from: GreatArkansas on April 18, 2024, 07:27:16 PM

I'm amazed and bullish for Bitcoin right now as you can see, from an all-time high of Bitcoin which is from around $73,000 and dropped a few days ago to below $60,000.
But it is always bouncing above $60,000. I can really feel that we will still go back to an all-time high because of these bounces every time Bitcoin drops.

I can consider what happened was totally correction, it's not only on cryptocurrency market we experienced the recent dumps.

and it is also amazed mate that the price of bitcoin keeps holding 60k now

this really made us thinking over and over what is really happening .

tvplus006

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Quote from: Ludmilla_rose1995 on May 11, 2024, 01:03:51 PM

...The Bitcoin and altcoins market correction that is occurring is actually not something new, it has been happening since Bitcoin or other altcoins was first traded, so as investors we must try to be calm in facing every news that comes in or appears

The main thing is not to make such a mistake, as it was at the end of 2021, when the trend reversal was mistakenly perceived by many as a correction. And many continued to make purchases following the DCA strategy and eventually were forced to either sell, fixing a loss, or hold for several years.

Topic: Market seems in correction mood - page 2. (Read 786 times)