Red crypto market today - page 10. | Bitcointalksearch.org

Dr.Osh

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Quote from: pinoycash on June 07, 2021, 08:17:10 PM

I wonder how deep bitcoin will crash this time, if this touches $10,000 again i would probably pawn my house and bet everything in BTC. This market correction is healthy to give chance for people who miss the BTC train and for those people that bought in ATH, keep holding.. Wink

well, maybe if the price drops to that point, many people will choose to invest in bitcoin, even go all-in for it. however, for people holding multiple assets, it seems quite panicky, and even I see the assets that I own are going down bit by bit it's quite scary. however, I expect the bitcoin price to be back above $40k this month.

pinoycash

hero member

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I wonder how deep bitcoin will crash this time, if this touches $10,000 again i would probably pawn my house and bet everything in BTC. This market correction is healthy to give chance for people who miss the BTC train and for those people that bought in ATH, keep holding.. Wink

Coroline

sr. member

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The decline in bitcoin and altcoins was due to negative sentiment from the Chinese government which warned investors of the dangers of speculative crypto trading as quoted by Reuters. The Chinese government's ban prevents institutions, including banks and online payment channels, from offering clients any services involving cryptocurrencies, from registration, trading, clearing and transaction settlement.

"Recently, the price of cryptocurrencies has skyrocketed and plummeted, and speculative trading of cryptocurrencies has recovered, seriously violating the safety of people's property and disrupting the normal economic and financial order," the three Chinese industry bodies said in a statement.

China has banned cryptocurrency exchanges and coin offerings, but has not banned individuals from holding cryptocurrencies. In addition, the decline in the price of digital currencies has occurred since last week.

Nekonoid

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Quote from: JackieAinsley on June 05, 2021, 07:03:34 AM

Quote from: carrie_white on June 04, 2021, 11:10:07 AM

I think it's only natural that the crypto market is always volatile, because that's what makes it interesting. and the main reason why crypto rises and falls is good news and bad news about the crypto world, this is very influential in the crypto world

Cryptocurrency need to have more liquidity not to be very volatily. Also tokens must be in demand to raise in price. Some projects burn tokens to increase the demand in it. https://twitter.com/CryptoArenaSDEX/status/1400739401785880576 Here you can see the result in burning tokens.

Cryptocurrency market is red because it is overvalued. But after the drop it will be correction of the market. Burn of the tokens help to increase liquidity but it is also necessary to increase demand in the token.

JackieAinsley

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Quote from: carrie_white on June 04, 2021, 11:10:07 AM

I think it's only natural that the crypto market is always volatile, because that's what makes it interesting. and the main reason why crypto rises and falls is good news and bad news about the crypto world, this is very influential in the crypto world

Cryptocurrency need to have more liquidity not to be very volatily. Also tokens must be in demand to raise in price. Some projects burn tokens to increase the demand in it. https://twitter.com/CryptoArenaSDEX/status/1400739401785880576 Here you can see the result in burning tokens.

feelideb

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fLibero.financial

There is a general concept of going away from market in may and come back in August! The financial market all over the world have the idea of May been a bearish month! Beside, cryptocurrency have been bull market since january, may be it's time for the bull to take some water!

pinoycash

hero member

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Quote from: viananda2525 on June 05, 2021, 01:34:46 AM

Quote from: ?? on ??

Fud attacks from various parties such as Elonmusk and China caused the crypto market to fall very sharply, but yes I also think that in Q3 the crypto market will be bright and we are still in a bull market.

i see it as good sign for bitcoin future. more fud come to market it means more interest from investors or governance. especially giant investors they want to get cheap price at this moment by spreading fud , even they courage to pay media which is have big audience to realize their goal.

Yeah this is a good entry point for those people that wanting to buy affordable bitcoin, This market scenario is almost identical last weekend, same price movement. Hopefully it wont bleed much further down and alson hoping it wont break 35k support.

TWW

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Quote from: viananda2525 on June 05, 2021, 01:34:46 AM

Quote from: ?? on ??

Fud attacks from various parties such as Elonmusk and China caused the crypto market to fall very sharply, but yes I also think that in Q3 the crypto market will be bright and we are still in a bull market.

i see it as good sign for bitcoin future. more fud come to market it means more interest from investors or governance. especially giant investors they want to get cheap price at this moment by spreading fud , even they courage to pay media which is have big audience to realize their goal.

but there is something bad if too many big investors dominate the market.
they can determine when the market will collapse quickly or gradually.
it would be fun for a merchant with the hype created by the whales. but actually, they are setting a trap for anyone ready to lose their money.

viananda2525

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Quote from: ?? on ??

Fud attacks from various parties such as Elonmusk and China caused the crypto market to fall very sharply, but yes I also think that in Q3 the crypto market will be bright and we are still in a bull market.

i see it as good sign for bitcoin future. more fud come to market it means more interest from investors or governance. especially giant investors they want to get cheap price at this moment by spreading fud , even they courage to pay media which is have big audience to realize their goal.

bison

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Quote from: carrie_white on June 04, 2021, 11:10:07 AM

I think it's only natural that the crypto market is always volatile, because that's what makes it interesting. and the main reason why crypto rises and falls is good news and bad news about the crypto world, this is very influential in the crypto world

If there is no turmoil there will probably be a lot of people who prefer to seek profit from crypto than other sectors, this makes crypto difficult to predict, indeed crypto is greatly influenced by good and bad news circulating, because we know for ourselves that many people agree with crypto because they have benefited from it, but there are also those who consider crypto an illegal thing.

john1010

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Not always has a sunny day, it needs night for the earth will replenish, as it is like in cryptocurrency also, not at all times the market are green, it needs to be red for other traders replenish and accumulate the coin that they are holding.

nikki4

full member

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One thing I noticed was that the Bitcoin candle kept up and down (most of the time down) then finally went dip ⬇️. From today I noticed that Bitcoin keeps up and down, but most of the time up. I don't know enough about the market, but hope always keeps us alive. Actually, I don't worry about the red. I believe green will come after the red.

ancafe

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Quote from: Botnake on June 04, 2021, 06:12:05 AM

Quote from: enawati on June 04, 2021, 06:01:45 AM

Elon's tweet today was make crash the market again, I dont know his purpose make bad statement about Bitcoin. But his tweet just make short impact to the market and look now the market try to rebound again. I think later, Elon's tweet will be ignored by investors or traders because they feel they are being played with.

He is now dedicated to doing everything to make bitcoin dump, that's just him, knows how to manipulate the market and he is doing it effectively now. A simple tweak could tweak the market, that's just awesome, he will benefit but others will panic.

Will we see a real dip this time?

hope not to see dump prices again for now. if Elon Musk is indeed manipulating the market, I hope he has a plan to pump prices back this year, or get bitcoin to hit $100k before anything else. however, this price-lowering effect started when Elon Musk withdrew bitcoin from Tesla, and China banned crypto.

dhemasm

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Moderator

Today, 4 June 2021, The market seems on stagnant condition and just some slight correction right now and i suppose it's going to become another bearish trend since some news latelty was really negative and affecting the crypto market. Well it's normal since Crypto market was volatile and everything can happens, Just advice from fellow newbies, Save USDT and wait till the market more stable or on Bullish trend or maybe buy dip and then wait! DYOR and Good luck!

newdevices

full member

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Quote from: huiji2011 on June 01, 2021, 04:05:08 AM

But today is green crypto market, but just today i think, tomorrow would be another red crypto market again, i think the Bull is over, i have already accepted it. If you look at the price action of Bitcoin, it is clear that the trend is down, see you in three years.

I don't think it's over yet, even though there's been a lot of selling in the market,
this isn't the end of the bulls, stay calm and don't panic, if you feel panicked you will panic sell, for myself I still hold bitcoin before it reaches $100k,
this year is still bullish, don't worry, try to compare it with the bitcoin chart 2 or 3 years ago

carrie_white

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I think it's only natural that the crypto market is always volatile, because that's what makes it interesting. and the main reason why crypto rises and falls is good news and bad news about the crypto world, this is very influential in the crypto world

iTradeChips

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Leading Crypto Sports Betting & Casino Platform

I have this feeling that there might still be another dive to 20k. It may hard for the weak hands to see their investment go down but of course they could wait for a few more years and all they can do right now is simply ignore what is happening in crypto and get back to their investments maybe after 2-3 years. Me personally I will stay calm and make sure I can focus on my other assets while I wait for Bitcoin to stabilize. If you're going to ask me 40,000 dollars is still a big amount to say Bitcoin has corrected itself. The hype will soon disappear.

oscarftw

sr. member

Activity: 573

Merit: 250

I think there is nothing to discuss because market correction is a simple matter for old investors. We can even take every opportunity when the cryptocurrency falls to dip. Suppose this month I could invest 2k USD because my portfolio wasn't good. Even my bounty rewards are also almost zero. Ispolink and sheng were my rewards, but now I can't take this red opportunity.

gooders

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Quote from: AmoreJaz on May 29, 2021, 06:58:25 PM

Quote from: Viscore on May 29, 2021, 06:25:21 PM

Quote from: crzy on May 29, 2021, 05:53:37 PM

Quote from: VK.point on May 29, 2021, 03:04:15 PM

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

Why do we to depend on someone? The market will always go for corrections and that is why its happening now after reaching so many all time high, now is the best time to accumulate again. If there’s a lot of good news like accepting bitcoin as a mode of payments on many companies and even China makes a final law accepting Bitcoin, these are the news that we needed for.

We are in a bloodbath and this happens yearly so we should be used to it. The reasons of this recent dump might be China banning bitcoin and Tesla decided not to accept bitcoin payments. So we should wait for positive news to come and surely the market will start to recover.

However, this current bloodbath is a good opportunity to accumulate more bitcoin in its affordable price. The price won't stay dumping all this year and it will definitely rise up again. So start investing now and expect huge returns when bitcoin price rise up again and settles at a new peak.

correction is always part of a healthy market. and so it is not surprising that we are experiencing now with the correction. though there are some negative news like the ones coming from china. but i guess, we are already used to this.
but don't forget some good developments like biden included in their 2022 budget the new crypto reporting proposals , which i believe, is a good one, because it means, they are now recognizing crypto as part of companies' or individuals' assets. so they are just providing some regulations on how to handle this matter.
and more companies are coming out to hold btc in their balance sheet, like Globant , but i guess there's more of them. this means, these companies are believing the potential of btc as part of their assets.

companies were allowed to buy bitcoin on balance. Nobody will tell you the secret of trading, they will only teach you to look at the chart correctly so as not to go blind. Then there is pure mathematics and probability. For example, how much the% chart has passed in the first 4 hours after opening and what is the probability of further + / _%. Further statistics of the average daily range. Max and min. daily price
I said everything I wanted to say above. I litter the inner world, there is no need for any garbage. Unlike you, I have my own opinion, and I think with my head. I don’t listen to anyone and think that I’m smarter than everyone. The world has changed upside down, and your way of collecting information is clearly lagging behind this digital age. I can wish you good health and all the best. I repeat, if you don’t understand, any media today is a dump for toilet-headed, short-sighted people. And no matter what country

jajorforce

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Quote from: VK.point on May 29, 2021, 03:04:15 PM

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

We shouldn't read or predict the market, but unfortunately this month also takes this cryptocurrency to proper heal. But this month investment could return you high profit next (July) months. We have been seeing these red and green games for the last two weeks. In my research, market correction time is almost over or more 3-4 weeks.

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