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Topic: Red crypto market today - page 13. (Read 2921 times)

sr. member
Activity: 1400
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May 30, 2021, 10:46:57 AM
#47
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.

Is this issue one of the problems of the current crypto price decline? https://fortune.com/2021/05/21/china-ban-bitcoin-price-bubble-crypto/
Of course we hope that this is not the main problem, so that the price growth of Bitcoin and other cryptos will return to normal.
copper member
Activity: 812
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I ❤ ₿itcoin and Ethereum
May 30, 2021, 10:45:00 AM
#46
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.
in my opinion what causes the market to experience a correction is because the market has increase very high, so people who have already made a profit from investing in cryptocurrency will definitely take profits, but I am sure that soon the market will increase again, because only investing in cryptocurrency can provide a lot of profit quickly (even though the risk is also big), so of course investors who have take profits will definitely back to investing in cryptocurrency again and it will make the price can increase very high.
hero member
Activity: 1820
Merit: 747
May 30, 2021, 10:28:40 AM
#45
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.
Well, when the bitcoin price goes up fast, there will be a situation where the price will also go down. however, the loss you feel is also felt by those who still hold onto their assets today. however, currently, the options sell or hold. Personally, I choose to hold assets that I own until the price returns high.
full member
Activity: 952
Merit: 110
May 30, 2021, 10:17:27 AM
#44
After the news about crypto ban from China and other country many investors got into panic mode and even without this bad news I don't believe that crypto market will keep up because this is just the reality, crypto bulls can't be in action for s very long time without getting weaker and weaker in time
sr. member
Activity: 1050
Merit: 286
May 30, 2021, 08:39:34 AM
#43
Bitcoin has been having a rough time lately and most of the altcoins are also affected. It is a sad thing to see but instead of complaining and mourning, we should take advantage of the red market and be strategic as we hold and wait for the market to recover once again. Many people has already started buying during the dip because they know and they have faith that the market will recover sooner than we are expecting. Let us stay mindful on the price movement in the market, it will surely pay off later on.
legendary
Activity: 3304
Merit: 1617
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May 30, 2021, 08:29:27 AM
#42
It’s just normal price discovery. We had a significant dump in most coins a couple of weeks ago, the markets are just figuring out where we should be. Bitcoin is still in a bull market, the next pump is round the corner. Don’t be a panic selling noob because of short term price movements.
full member
Activity: 1302
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Pepemo.vip
May 30, 2021, 08:19:14 AM
#41
No asset can increase its value forever. Unfortunately, we have experienced this situation. Such a scenario would happen, but we couldn't predict when it would happen.
Despite current developments, everyone agrees that cryptocurrencies will now exist. Just a little patience is required during this period  Undecided
full member
Activity: 910
Merit: 101
May 30, 2021, 08:09:14 AM
#40
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.

as long as you can hold on to your purchase price you will be safe, be patient for sure the price will go up again,
let go even though it has a little profit. the market will definitely go back up.
full member
Activity: 1708
Merit: 126
May 30, 2021, 08:05:34 AM
#39
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.
I also wish for a bullrun market, but the market doesn't run as our wishes. I think you can easily predict the next bear market. The next bear market time will be shorter than running time. The same situation will happen during the bullrun. The next Bullrun market will be longer than the last bullrun market.

The market is really unpredictable and no matter how we wish that the bull run would stay longer, the market still needs to be bearish at some point. However, we shouldn't panic during this kind of situation because a wise and smart trader and an investor could gain a profit no matter what the market situation is.
sr. member
Activity: 1918
Merit: 256
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May 30, 2021, 04:58:03 AM
#38
My friend has a relationship with the pope tells me since February that approaching June then there will be a pretty big correction that makes a lot of panic, now that it happens, I think the storm is not over yet, because a few weeks ago I saw the ema 20 penetrate from support means that now we enter a bearish market that does not know until when, currently there is no strong signal to be a bullish market



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.
I also wish for a bullrun market, but the market doesn't run as our wishes. I think you can easily predict the next bear market. The next bear market time will be shorter than running time. The same situation will happen during the bullrun. The next Bullrun market will be longer than the last bullrun market.

Everyone wants the market to always go up, but cryptocurrencies have two-way ups and downs and move quickly, this is a natural thing and the mandatory nature of cryptocurrency. I believe that bitcoin has good development and growth, but instead of weighing it bitcoin will continue to rise, there must be a time when we face a bear market like today.

[moderator's note: consecutive posts merged]
sr. member
Activity: 1876
Merit: 318
May 30, 2021, 04:54:16 AM
#37
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.
All are dropping and that Shitcoin of yours will not going to recover anytime soon.

best to sell them all and convert to other coins.

With many FUDs circulating this month making crypto market dumps, one of which is the FUD carried out by Elon Musk and China. Therefore,
we have holding coins that we have, don't sell them at a loss, except for shitcoins, it should be sold immediately. Because if shitcoins dump,
there is a possibility that it will take a long time to recover, then it could also become deadcoins and we can't sell them. I agree with your
suggestion by selling all the shitcoins we have and buying coins that have good potential.
jr. member
Activity: 250
Merit: 1
May 30, 2021, 04:39:35 AM
#36
The market decline was long overdue. Something had to stop those projects and shitcoins from doing 10x almost every day. Market was growing exponentially without any real correction in price so I kinda expected such a decline in market prices. Market correction are good for healthy bull market. I lost some money too to the dip because a  portion of my portfolio is stashed into various altcoins that have taken serious hits in the last weeks.

A lot of investors think that fall of the market is a good time to buy tokens for the best and most profitable price. But nobody knows how long this fall will last. The most important thing is that the project will continue to develop even when market falls. Here is a development plan of PolkaSyndicate https://polkasyndicate.medium.com/polkasyndicate-development-plans-b45e1b824239
full member
Activity: 1512
Merit: 115
May 30, 2021, 04:23:17 AM
#35
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.

Two big issues that caused the market to turn red again. The first, that China will remove illegal crypto in its country, and the second Elon Musk will no longer use Bitcoin as a means of payment at the Tesla company. This issue can be right or wrong. However I do think that in some way the issue could affect the market price.
I think if China has not gone the way it did with their newly announced Ban on crypto again I don't think Elons tweet will continue to drop the price to the extent it went. Yes, Elon musk's tweet also contributed to the dip but Elon has also gone ahead to make another tweet about trying to get on the right side of Bitcoin. However, the market will continue to experience these dips whether FUD contributed or not but will definitely recover.  
member
Activity: 1162
Merit: 58
May 30, 2021, 04:20:03 AM
#34
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.
All are dropping and that Shitcoin of yours will not going to recover anytime soon.

best to sell them all and convert to other coins.
sr. member
Activity: 2030
Merit: 356
May 30, 2021, 03:32:16 AM
#33
Bitcoin bearish market just start, and it will take down entire cryptocurrencies market. Full recovery from here practically difficult to happen and I have doubt it will take few years to recover. Actually, no one knows, since their too much FUD spreader. As a positive thinker I expect sideways movement and won't take long.

Bearish market is yet not confirmed and there are still hopes that bitcoin will recover from this situation. However it may take a month or so. There is no need to spread the negativity and create panic amount the holders. Fundamentally, bitcoin is more stronger than before. Its just a matter of time until this whales manipulation is over.
sr. member
Activity: 2590
Merit: 452
Enjoy 500% bonus + 70 FS
May 30, 2021, 03:25:57 AM
#32
We should be aware that crypto asset trading is a high-risk activity and the price of crypto assets is very volatile, where prices can change significantly from time to time and a decrease or increase will inevitably occur unexpectedly.
It all depends on us to act and make decisions when the market is down or up and don't sell at a loss if you feel a loss because the market is red, HODL is the best choice or buy to grow it and hold it.
member
Activity: 882
Merit: 17
May 30, 2021, 03:03:29 AM
#31
The market is stable for me. the bearish situation is long expected. we have been enjoying the bull market since January. this is the way the market has been. the up and down. every financial market has its ups and down. bull and bearish period. we have enjoy the bull period, now is the bearish time. enjoy it while it last and make sure you load your bags.
full member
Activity: 1820
Merit: 107
May 30, 2021, 02:56:11 AM
#30
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.

IMHO, I think the crypto market is in transition already from "bullish to bearish" that's why if we compare the recent data from the first market crash in the previous week the slow recovery of the market today is a sign that the market is already entering the bearish phase like was happening in the past so I think many are already aware regarding this market situation so we better get ready for more bloodbath chart.
legendary
Activity: 3346
Merit: 1134
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May 30, 2021, 02:51:45 AM
#29
Good advice from you, and I must be very grateful for taking the time to have a warm discussion. I trade in several altcoins as well as BTC. To be honest I wasn't surprised in this atmosphere, because I thought it was very natural. For me as a trader it is well aware, because this is cryptocurrency. One of them is a rapid rise or fall in price. I choose to hold and remain patient. Thank you.
That's good, you already knew what you are doing so it won't shock you. I think the question next is when the bull run will be. This could test how long is your patience upon holding your Bitcoins and your altcoins.
Just remember, there are times it will dump again to an amount we won't expect. If I were you I would try to just look at the other side and ignore it.
History could be used here. From $20k, to $6k stabilizes a bit then dumped more at $3k. (Year 2017-2018)
So don't expect a pump yet after a big correction.
full member
Activity: 1498
Merit: 146
May 30, 2021, 02:48:40 AM
#28
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.
The market may turn out into green at any time but I don't expect the prices to reach the level of all-time high prices, so make yourself to face the bearish trend in the upcoming weeks, it may move in sideways for a while or even bounce back but the bearish trend is inevitable just like the bullish trend that is how the crypto works since it was created.
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