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Topic: Reasons why Cryptocurrency is crashing (Read 395 times)

hero member
Activity: 2366
Merit: 504
July 05, 2022, 09:42:36 AM
#42
The global market was starting to collapse too. Stock market was also declining so hard and since so many institutional investors were coming to the bitcoin and that was making bitcoin and crypto market tied with the stock market as well. So many global companies are also going down due to the inflation, crisis and so many bad things that came at the same time. LUNA has become one of reason that makes crypto investors are feeling worry to invest in the crypto. SO many reasons that were supporting the market to crash
jr. member
Activity: 840
Merit: 6
July 05, 2022, 07:17:38 AM
#41
Sometimes it is very difficult to invest in this market or such Because any time large sums of money are not reliable or stable over a long period of time and there has to be a way to combine blockchain with artificial intelligence or the decentralized world will collapse in front of the people who follow it. The truth of the matter is, that cryptocurrencies will always have risks. It doesn't matter how big it becomes or how mainstream it becomes, and that's just how it is. No security system is perfect, so there will always be people trying to deceive others by any means necessary

However, I believe that in the future artificial intelligence and technology will be used to create many better projects.
I hear you that it is very difficult to choose your investments but I haven't come to the same conclusion as you that AI should create projects or choose which ones to invest in. All you have to do is a little bit of research and you will find that the best investments are:

XRP- all the money
XLM- CBDCs and remittance
0xMR- privacy on Ethereum
ICP- Converts Web2 to Web3
UTNP- Swift replacement

sr. member
Activity: 1610
Merit: 294
www.licx.io
June 30, 2022, 03:10:20 AM
#40
Sometimes it is very difficult to invest in this market or such Because any time large sums of money are not reliable or stable over a long period of time and there has to be a way to combine blockchain with artificial intelligence or the decentralized world will collapse in front of the people who follow it. The truth of the matter is, that cryptocurrencies will always have risks. It doesn't matter how big it becomes or how mainstream it becomes, and that's just how it is. No security system is perfect, so there will always be people trying to deceive others by any means necessary

However, I believe that in the future artificial intelligence and technology will be used to create many better projects.
jr. member
Activity: 48
Merit: 2
June 30, 2022, 02:14:29 AM
#39
Hello brothers,


When will the Worldcup start ?? Does anyone know Huh



Which is your favorite team ??
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 30, 2022, 12:07:24 AM
#38
Actually Luna coin we recover it value, just a matter of time, which can take three to four years from now and nothing is impossible in cryptocurrency market, the team and developer has to burn a certain number of Luna coins for a quick recovery. Therefore Luna coin is in a good position to buy.

I don't think that will be the situation here. It's about trust. They have failed to maintain that. People will never go back to that scam again. What's done is done, and it has made a huge impact in the investor's mind. So leave the past and move on.
so far investors lost their trust to luna team, this is second time ust unpegged and their algortihm has weakness that could exploit by smart investor. Burning coin was not enough to recover luna, only trust needed in this project. Moreover we heard Do Kwon failed at another stable coin project. There are alot potential project that could recover our loss in luna , so it time to move on  moreover bitcoin in good price now.
People need to move on from that coin already, at this point it is like an obsession, for some reason they still want this coin to make a comeback but it is never going to happen, trust is an integral part of any project and once that trust is lost then there is no way to get it back, the luna developers can try every single trick they can imagine and still the coin will die, speculators will trade it but no one in his right mind will ever invest his money in that coin for the long term.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
June 26, 2022, 06:43:40 PM
#37
I think the incident of LUNA is not the main cause of crypto market crash.
News about LUNA causing crypto market crash is just like FUD for me, to make the crypto more dump.
It is about the cycle of cryptocurrency market. Like always, there are always sometimes when the crypto market hits the bottom,
and now is the moment.
It was like the thing that triggered the luna crash to come sooner, though the crash was already destined and set in stone since the latest bullrun that surprisingly lasts for a long time.
I agree that even without luna the crash still gonna come, still regardless luna has incurred many losses towards its holders, that's still the mistake in their side.
full member
Activity: 548
Merit: 168
Play Bitcoin PVP Prediction Game
June 26, 2022, 04:46:06 PM
#36
Actually Luna coin we recover it value, just a matter of time, which can take three to four years from now and nothing is impossible in cryptocurrency market, the team and developer has to burn a certain number of Luna coins for a quick recovery. Therefore Luna coin is in a good position to buy.

I don't think that will be the situation here. It's about trust. They have failed to maintain that. People will never go back to that scam again. What's done is done, and it has made a huge impact in the investor's mind. So leave the past and move on.
so far investors lost their trust to luna team, this is second time ust unpegged and their algortihm has weakness that could exploit by smart investor. Burning coin was not enough to recover luna, only trust needed in this project. Moreover we heard Do Kwon failed at another stable coin project. There are alot potential project that could recover our loss in luna , so it time to move on  moreover bitcoin in good price now.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
June 26, 2022, 04:25:43 PM
#35
I think the biggest factor that makes cryptocurrencies is FUDs, before the market drop like today there was a coin, namely LUNA which dropped from $100 to $0.001 in less than 5 days, this was used by whales or haters to spread FUDs so that investors were afraid to hold and sell crypto so that the price continues to drop.
This is very much true, hundreds of millions of dollars worth of money was gone out of that, but it didn't just evaporated and destroyed, that money went to somewhere and people acted and spread FUD as if that money was fully gone. The price of everything went down which I never made any sense to at all, if the money was in Luna, then it was moved out, then it moved out to somewhere, did it moved out to fiat directly?

I really doubt that, maybe some but not all. Which means that for everyone who didn't own any Luna, the market should have been same and nothing shocking should have happened. This means there were FUDs going around telling people that it was just gone, and that is one of the causes for sure.
hero member
Activity: 2114
Merit: 603
June 26, 2022, 07:53:27 AM
#34
Is cashing out from the LUNA makes the whole crypto market crash? Does it the case really? The total market cap of the crypto is around $980 billion dollars and out of this on a beautiful day it keeps trading around $100 billion dollars every 24 hours. Now can you point me in right direction by stating if this guy cashed out 2.4 billions then it can be reason for the market crash???

That’s just next to impossible with such huge market cap. There is no way this is true. The only reason is worlds up coming recession (or on going).
sr. member
Activity: 2422
Merit: 357
June 26, 2022, 07:35:56 AM
#33
After the incidents happened, I think it is now up to everyone to review those mistakes and the opportunities in this market never run out. Only those who are not patient enough lose faith. and the motivation to invest with a reasonable plan, only encountering loss situations. Timing is only relative here, because if you don't prepare well, it's always a risk in the investment process.
That was a bad experience and we should learned from that so we can move on now, the market is not and that is not just because of what happened to LUNA, there's a lot of things that we can consider but it doesn't matter anymore because we have to live with the present now and know what to do during this bear market. The price is quiet pumping again, but its not that strong so I think we can still see a drop after this short pump and that is another opportunity for us to buy. We have so many opportunities here, they are just waiting for us to grab those opportunities, be wise with your investments now.
full member
Activity: 783
Merit: 108
June 26, 2022, 07:28:27 AM
#32
After the incidents happened, I think it is now up to everyone to review those mistakes and the opportunities in this market never run out. Only those who are not patient enough lose faith. and the motivation to invest with a reasonable plan, only encountering loss situations. Timing is only relative here, because if you don't prepare well, it's always a risk in the investment process.
full member
Activity: 785
Merit: 105
June 26, 2022, 05:05:14 AM
#31
(...)
Will there be still a chance now for the users to recover their losses after what happened to this bad circumstances in LUNA or in the collapses of the cryptocurrency in the market?
I'm not sure, but the facts tell me this is a time where safety is a priority, when so many unfortunate incidents have happened in a short space of time. And I think a lot of people are also suffering heavy losses with their investments in the market. At this time, there is not too much breaking news or new projects that offer exciting opportunities. But for me, as someone who believes that long-term investing will bring more opportunities, tracking its movements will help to see things happen more accurately.
full member
Activity: 1260
Merit: 100
June 26, 2022, 04:57:52 AM
#30
I think the incident of LUNA is not the main cause of crypto market crash.
News about LUNA causing crypto market crash is just like FUD for me, to make the crypto more dump.
It is about the cycle of cryptocurrency market. Like always, there are always sometimes when the crypto market hits the bottom,
and now is the moment.
full member
Activity: 1484
Merit: 101
June 25, 2022, 02:50:19 AM
#29
I think the biggest factor that makes cryptocurrencies is FUDs, before the market drop like today there was a coin, namely LUNA which dropped from $100 to $0.001 in less than 5 days, this was used by whales or haters to spread FUDs so that investors were afraid to hold and sell crypto so that the price continues to drop.
sr. member
Activity: 840
Merit: 292
June 25, 2022, 02:34:10 AM
#28

In short Luna makes bad things worst.


Yes, the problems started much earlier and Luna only intensified the fall of the crypto market. Investors lost their appetite for risk due to high inflation in the US and rising food prices. The crypto-currency market follows the American stock market and positive news is not expected there yet. The situation on the market is critical and most likely it is not the bottom yet.
The real reason is that all of us, traders, investors and even institutions must already know that we have entered a terrible season, namely the bear season,
and of course everything is crashing, Bitcoin, Altcoin, even the stable coin incident, of course 2022 is worse than in 2018, this is the reason why cryptocurrencies crash!

I don't where in a terrible season, because in this kind of circumstances that we facing it now in the crypto business this is just a part of the cycle here in this field of industry.  Crashing the volume of the majority altcoins, sometimes its because of the other coins suddenly faced a big impact to make other coins get affected on it. So, crashing its value for me is just normal thing happens here in the cryptocurrency based on what I saw in this matter anyway.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
June 24, 2022, 05:19:44 AM
#27
The real reason is that all of us, traders, investors and even institutions must already know that we have entered a terrible season, namely the bear season,
and of course everything is crashing, Bitcoin, Altcoin, even the stable coin incident, of course 2022 is worse than in 2018, this is the reason why cryptocurrencies crash!
Is there no other reason besides that because the exact cause of the crash is not known in detail right now so the bad conditions this year are actually still better than what happened in 2018 where you can't see an increase in prices at all, and it's a little different from now where some coins can still survive in this bearish condition.
full member
Activity: 1110
Merit: 104
June 24, 2022, 05:01:52 AM
#26

In short Luna makes bad things worst.


Yes, the problems started much earlier and Luna only intensified the fall of the crypto market. Investors lost their appetite for risk due to high inflation in the US and rising food prices. The crypto-currency market follows the American stock market and positive news is not expected there yet. The situation on the market is critical and most likely it is not the bottom yet.
The real reason is that all of us, traders, investors and even institutions must already know that we have entered a terrible season, namely the bear season,
and of course everything is crashing, Bitcoin, Altcoin, even the stable coin incident, of course 2022 is worse than in 2018, this is the reason why cryptocurrencies crash!
hero member
Activity: 1666
Merit: 453
June 24, 2022, 01:07:01 AM
#25
So in a nutshell luna is like the last push that causes the waves of correction one after another becoming even worst.
There are so many investment fund being invested in luna and that means the disaster of luna basically brings the whole market of cryptocurrency down goes to drain.
though frankly the cycle of BTC is already set and the current bearish is kinda obvious to come, it's just luna makes it comes faster.
It looks like that's the case, especially since we didn't think anything of what happened to Luna.
and it certainly affects the crypto market,
besides what is happening in the world today indirectly also has an impact on the crypto market

In my honest opinion on these matter, whether we believe it or not, LUNA really gave a bad impact in the crypto
industry. Because there are a lot of other giant crypto who got rapidly collapse or decreased their volume in the market.
And it trigerred so much other altcoins too in the market. Yes, its true before LUNA crashed its value Bitcoin was already
dumped its price and when LUNA came up to collapse in the market Bitcoin goes down well too. This was based on my own
assessment for what is happening now here in the cryptocurrecy.
jr. member
Activity: 51
Merit: 1
June 23, 2022, 11:24:05 PM
#24
One of the reasons behind falling crypto prices could be low risk appetite among traders and investors

Read this blog

https://www.financialexpress.com/digital-currency/cryptocurrency-market-crash-reason-why-crypto-is-falling-today-6-2/2546274/
full member
Activity: 1064
Merit: 101
June 23, 2022, 11:11:37 PM
#23
So in a nutshell luna is like the last push that causes the waves of correction one after another becoming even worst.
There are so many investment fund being invested in luna and that means the disaster of luna basically brings the whole market of cryptocurrency down goes to drain.
though frankly the cycle of BTC is already set and the current bearish is kinda obvious to come, it's just luna makes it comes faster.
It looks like that's the case, especially since we didn't think anything of what happened to Luna.
and it certainly affects the crypto market,
besides what is happening in the world today indirectly also has an impact on the crypto market
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