Topic: New to this... What's causing the current selloff? - page 2. (Read 237 times)
When btc falls even 1% in price, alts react 10 times 'mostly' on that move and lose much more. You have invested in alts or btc? As observed, btc too got hit by a dip of more than 5% in a day which may have been caused due to high fees, US Dollar got strong or whales manipulating it to let Turkish people buy it cheap. It is not possible to find the reasons behind these dips and even pumps except when someone comes ahead and takes the responsibility of the same. Oh yes, may be it got dipped in because it was bloody Monday, and we may see this dip become larger in size.
The market could pump because of high demand and this could also dump if there is lower demand. If we are aware about the market volatility, this price selloff will be just a common trend.
I'd never heard about hacking incidents in these past days (which is sometimes the cause of drop), so what you have seen in your portfolio is not a thing you have to worried about. This often to happens all the time.
I'd never heard about hacking incidents in these past days (which is sometimes the cause of drop), so what you have seen in your portfolio is not a thing you have to worried about. This often to happens all the time.
There's no even bad news about crypto but the opposite thing was happening as china is starting to build its own blockchain to run the dapps that fully controlled by the governments.
That being said if im not even seeing this as a big dump for crypto. This is better rather than seeing when the whales dumping their bitcoin a few weeks ago.
You should read this news dude https://cointelegraph.com/news/3-reasons-why-bitcoin-traders-keep-a-close-eye-on-the-futures-funding-rate
You should never feel panic to see that
That being said if im not even seeing this as a big dump for crypto. This is better rather than seeing when the whales dumping their bitcoin a few weeks ago.
You should read this news dude https://cointelegraph.com/news/3-reasons-why-bitcoin-traders-keep-a-close-eye-on-the-futures-funding-rate
You should never feel panic to see that
Interesting article... Thank you very much for that... I'm in this for the long run and I've told myself I wouldn't get into day trading because after fees, it's usually a losing proposition for people with my level of resources. However, it's hard not to pay attention the current market dropping even 5% since I have a significant amount of savings tied up in Crypto.
Let's say the market dropped 10% over a few hours for no apparent reason... Would you get out until things settled down? If not at 10%, what about 15, 20, and so on?
Thanks again!
There's no even bad news about crypto but the opposite thing was happening as china is starting to build its own blockchain to run the dapps that fully controlled by the governments.
That being said if im not even seeing this as a big dump for crypto. This is better rather than seeing when the whales dumping their bitcoin a few weeks ago.
You should read this news dude https://cointelegraph.com/news/3-reasons-why-bitcoin-traders-keep-a-close-eye-on-the-futures-funding-rate
You should never feel panic to see that
That being said if im not even seeing this as a big dump for crypto. This is better rather than seeing when the whales dumping their bitcoin a few weeks ago.
You should read this news dude https://cointelegraph.com/news/3-reasons-why-bitcoin-traders-keep-a-close-eye-on-the-futures-funding-rate
You should never feel panic to see that
I see my portfolio has lost around 5% over the past couple of hours. So I searched the internet expecting to find some kind of explanation to no avail. I figured another govt issued a negative statement regarding crypto or something. But that doesn't seem to be the case. If anything, the news stories about crypto seem to be positive today. So can anyone tell me what causes dips like this?
Also, at what point are you guys prepared to sell to protect against a crash? Do most of you have sell stop orders on the books to protect against a crash? Thanks in advance!
Think of it as a normal market that whenever it is up, going down a bit is unavoidable. That's the usual routine of the market and if you're looking for a reason for it. Also, at what point are you guys prepared to sell to protect against a crash? Do most of you have sell stop orders on the books to protect against a crash? Thanks in advance!
You should pay attention to the news websites like cointelegraph or coindesk. They're the first ones to publish news whenever a FUD has spread coming from a known personality.
I see my portfolio has lost around 5% over the past couple of hours. So I searched the internet expecting to find some kind of explanation to no avail. I figured another govt issued a negative statement regarding crypto or something. But that doesn't seem to be the case. If anything, the news stories about crypto seem to be positive today. So can anyone tell me what causes dips like this?
Also, at what point are you guys prepared to sell to protect against a crash? Do most of you have sell stop orders on the books to protect against a crash? Thanks in advance!
Also, at what point are you guys prepared to sell to protect against a crash? Do most of you have sell stop orders on the books to protect against a crash? Thanks in advance!
The global crypto market cap is 4.62% decrease over the last day mate
but, we don't need to be worry, because for now market still in sideways,
wich mean this is an accumulating time for a big whales buddy before the price spike up
I see my portfolio has lost around 5% over the past couple of hours. So I searched the internet expecting to find some kind of explanation to no avail. I figured another govt issued a negative statement regarding crypto or something. But that doesn't seem to be the case. If anything, the news stories about crypto seem to be positive today. So can anyone tell me what causes dips like this?
Also, at what point are you guys prepared to sell to protect against a crash? Do most of you have sell stop orders on the books to protect against a crash? Thanks in advance!
Also, at what point are you guys prepared to sell to protect against a crash? Do most of you have sell stop orders on the books to protect against a crash? Thanks in advance!
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