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Topic: Red crypto market today - page 14. (Read 2905 times)

member
Activity: 1764
Merit: 10
May 30, 2021, 02:44:24 AM
#27
Most likely, a bearish trend has begun and we should not expect that the cryptocurrency market will begin to grow in the near future, since most likely a very long correction of the cryptocurrency market has begun, so we need to wait and hope that the correction will be not very long, but recently there has been a lot of negative news about cryptocurrency and therefore, I do not think that the cryptocurrency market will be able to grow soon, so for now I do not hope for the market to grow in the near future.
full member
Activity: 798
Merit: 104
May 30, 2021, 02:31:11 AM
#26
Its the beginning of bearish market and for sure many coins out there have huge percentage of declining yet it is an advantage for making buys for the prospective coins. These strategies are intended only for short and medium trading as the market goes up and down movement.
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
May 30, 2021, 01:56:15 AM
#25
To be honest I'm not too bothered by the losses in recent days either. 
Because basically, if you want to get a profit from an investment, it is very normal to accept losses.
jr. member
Activity: 140
Merit: 2
May 30, 2021, 12:44:33 AM
#24
We will see it almost everyday until btc recovery
member
Activity: 476
Merit: 10
May 30, 2021, 12:12:52 AM
#23
Bitcoin and altcoins felldown due to bad news from the Chinese government and statement of Elon Musk about Bitcoin mining. As long as Bitcoin stays above 30k, then it is a period of accumulation, and usually this happens over several months, after that the market will try to jump and continue to rise. Accumulation phase can be take for 3-4 months.
full member
Activity: 243
Merit: 100
May 29, 2021, 10:33:04 PM
#22
The bear market has been creeping in for some time, and you have known nothing. Obviously it is downtrend now that is my opinion, you could sell all of your coins now and buy it back when the price is more lower.
sr. member
Activity: 1736
Merit: 306
May 29, 2021, 06:59:11 PM
#21
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.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
May 29, 2021, 06:58:25 PM
#20
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.
sr. member
Activity: 882
Merit: 253
May 29, 2021, 06:57:19 PM
#19
many negative issues make the crypto price decrease. I read the news that several countries such as China and Iran prohibit mining. this is what affects the market is not excited. I advise you not to sell cheap (if you have bought top coins) hold it, wait for the market to recover then sell
Yes, Bulls cannot handle the momentum yet. I think they still want to get lower and have some sort of corrections so that we can prepare, all can prepare for the next stage of bullrun. I don't believe that its already finished. We need this correction to surpass the current all time high. Hold and add some good tokens in our bags is the best thing to do right now.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
May 29, 2021, 06:25:21 PM
#18
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.
full member
Activity: 2128
Merit: 180
May 29, 2021, 05:53:37 PM
#17
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.
member
Activity: 686
Merit: 28
PUGG.io
May 29, 2021, 05:50:22 PM
#16
many negative issues make the crypto price decrease. I read the news that several countries such as China and Iran prohibit mining. this is what affects the market is not excited. I advise you not to sell cheap (if you have bought top coins) hold it, wait for the market to recover then sell
full member
Activity: 546
Merit: 105
May 29, 2021, 05:31:59 PM
#15
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 already face many downtrend and uptrend, just enjoy it. If you have more money you can try to accumulate more, if no just hodl tight for the future...
member
Activity: 73
Merit: 10
May 29, 2021, 05:22:02 PM
#14
The reason behind this dip is as a result of Elon musk tweet that tesla will no longer accept bitcoin as a means of payment in the their company and the second news that China is going to come up with strict measures against cryptucurrency .This is what caused  the btc downtrend that has going  on for days the market will surely recover but not anytim soon.
this is the first reason before another FUD come to market . maybe elon want to wars with crypto influencer regarding energy consumption , but never think his fud that he created with continue with another fud from china till price drop hardly. maybe he is regret now due tesla portofolio in bitcoin getting minus due his action.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
May 29, 2021, 04:59:37 PM
#13
The reason behind this dip is as a result of Elon musk tweet that tesla will no longer accept bitcoin as a means of payment in the their company and the second news that China is going to come up with strict measures against cryptucurrency .This is what caused  the btc downtrend that has going  on for days the market will surely recover but not anytim soon.
Well, not only him.
China was also announced banning bitcoin, --every time they will announce it will always have a huge impact on the market. I don't know if they are manipulating the market price. Possible there is a potential that the price will rise in other next days right after the announcement of Paypal that they allow their user to transfer a crypto asset from 5the other wallets. Extend our patient, every time will back after this dip.
jr. member
Activity: 1708
Merit: 3
May 29, 2021, 04:50:39 PM
#12
The reason behind this dip is as a result of Elon musk tweet that tesla will no longer accept bitcoin as a means of payment in the their company and the second news that China is going to come up with strict measures against cryptucurrency .This is what caused  the btc downtrend that has going  on for days the market will surely recover but not anytim soon.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
May 29, 2021, 04:45:14 PM
#11
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 think the announcement of China regarding its move against cryptocurrency has a huge effect on the current situation of cryptocurrency.  Aside from that those who wanted to accumulate at a low price see this opportunity to FUD the market and with their huge stash, they are able to crash the cryptocurrency market specifically the Bitcoin market.
full member
Activity: 826
Merit: 111
May 29, 2021, 04:40:51 PM
#10
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.
Yeah... China has a very high volume in trading cryptocurrencies. Since China banned crypto it really affected the newly launch projects and some other big project in the market and some very bad tweets from elon musk about bitcoin. But elon musk not accepting it as Tesla means of payment is not among the issues that lead to the bearish market. And I don't even understand what happened today ethereum just dumped to 2.2k USD.
full member
Activity: 517
Merit: 100
May 29, 2021, 04:23:38 PM
#9
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.
hero member
Activity: 2590
Merit: 644
May 29, 2021, 04:17:38 PM
#8
What has caused the crypto market's mood to decline in recent days?
We're having through a correction and that's a basic thing in the market after it has rose a lot.
I lost quite a lot in crypto trading this month.
What's your next plan? to keep holding, sell/cut at loss or you're accumulating more? You should do something or else, you remain holding it and wait until the market recovers.
^ Selling your coin under the price from where you purchase is an idiot move, nothing will lose if you still hold your coin. If you will own 1 BTC that will always 1 BTC. We don't know when the price will go up and begin a bull market, now considering a bear market was right but it does not mean you will sell it. Not all the time crypto market shows green in color, this was expected by the whales to have a red mark in the market because they are manipulating on it and making money, soon it will come back once they will be tired of manipulating about it.
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