Red crypto market today - page 5. | Bitcointalksearch.org

speedy963

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Quote from: TribalBob on June 22, 2021, 08:09:07 AM

You are not alone, my friend is experiencing a loss, all of you are experiencing it at this time.
Currently the market is being corrected maybe, when the market is correcting it's a sign of a healthy market. although there was some negative news such as those coming from China, USA and Elon's tweet that sent the market out of control. but I guess, we're used to this aren't we Huh

?
rest assured the market will return to green and return to glory, it just takes time to wait for the right time

Most of the investors right now are in losses, even the veterans and technical analyzers weren't exempted. And yes, indeed it is pretty healthy to see a correction as huge as this since most of the pumps that happened were due to sudden hype. But putting that aside, 2013 and 2017 have had similar percentage movements like the ones we experienced right now. Which just shows how good we are now for take off. I have already taken back positions when the price went below 30k and I am pretty happy with my decision.

-My only advice to everyone on bearish times is to look at the bigger picture, when doubt and fear is taking over, zoom out a little from the graphs and see how far bitcoin has already gone from its past years. good luck to you and everyone. TO THE MOON!!!

Digital_Lord

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June month is also not good for bitcoin and all altcoins. Today BTC hits 29k$ and bounces back to 31k$. I think this is not a good sign for the crypto market. We can see still a big dump so we should be alert every time.

coiner-88

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There is no significant news neither great nor awful that is the reason the cost can't arrive at the affirmation point for the pattern. I exchange a few altcoins just as BTC. To be straightforward I wasn't astounded in this air, since I thought it was normal. For me as a merchant it is very much aware, on the grounds that this is digital money. One of them is a fast ascent or fall in cost.

$anounimus$

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Quote from: irsada on June 22, 2021, 11:18:16 AM

Luckily I sold most of my portfolio last April, although I also bought back at highs but nothing to be afraid of if we choose the right altcoins. maybe now the whales are trying to create a bear market but actually they are waiting for you to sell a valuable asset at a low value.

Yes, that seems to be a whale strategy that has been carried out in the past to get everyone to let go of valuable assets at a low price, and I'm still holding on so far so I have no intention of releasing it at a low price.

Nalbo

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The funny thing is whenever bitcoin goes down, it pushes the alts further below and when it corrects back, it don't allow alts to gain as much. Hence, increasing the dominance in both movements. Bitcoin is nearly back to 32K but many alts are half of their price as last time bitcoin was in 32K. The bitcoin dominance has rose again to 47%.

irsada

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Luckily I sold most of my portfolio last April, although I also bought back at highs but nothing to be afraid of if we choose the right altcoins. maybe now the whales are trying to create a bear market but actually they are waiting for you to sell a valuable asset at a low value.

huu78

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I also lost quite a lot and I think the holders who have held back since April have experienced a min of more than 50%, but even this June the market conditions are not looking good, so maybe the market will improve in Q3 and towards the end of the year.

aprilnot

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Quote from: TribalBob on June 22, 2021, 08:09:07 AM

You are not alone, my friend is experiencing a loss, all of you are experiencing it at this time.
Currently the market is being corrected maybe, when the market is correcting it's a sign of a healthy market. although there was some negative news such as those coming from China, USA and Elon's tweet that sent the market out of control. but I guess, we're used to this aren't we Huh

?
rest assured the market will return to green and return to glory, it just takes time to wait for the right time

Yes, everything will return to its former glory if we are all willing to wait for it for a long time, because the FUD and bad news today are very different from before, where all coins have lost half of the ATH they had before the correction occurred.

of course the market will be back bull. but for now the market crash is inevitable. too much negative news and FUD, making the market difficult to survive. only a few people dare to hold at this time, the rest prefer to sell. this is what is happening at this time, the market is turning red from the morning. and my concern right now is bitcoin has passed the support point, which is falling below 30k. if that happened, the situation would be very severe and it might take a long time to recover.

wajik-tempe

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Unfortunately june is also red market month for crypto. It's because crypto lost it hype after previous big drop months ago. People are afraid to enter the market and most of them already cut losses and leave crypto market. We need more hype to pump the market and to attract new investors

TribalBob

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Chainjoes.com

You are not alone, my friend is experiencing a loss, all of you are experiencing it at this time.
Currently the market is being corrected maybe, when the market is correcting it's a sign of a healthy market. although there was some negative news such as those coming from China, USA and Elon's tweet that sent the market out of control. but I guess, we're used to this aren't we Huh

?
rest assured the market will return to green and return to glory, it just takes time to wait for the right time

DarkDays

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Quote from: iTradeChips on June 22, 2021, 05:02:48 AM

Quote from: Jackl87 on June 22, 2021, 04:37:47 AM

Quote from: ?? on ??

There are a lot of dumb money in the space, that feel it is as easy as ABC to make money in Crypto, Whales will shake all these people out first and move the price back up. The most important thing in the space now is to have a clear investment thesis of why you are investing into the space

Well my investment thesis at the moment is quite simple. My portfolio value is already down to 1/8th of its ATH back in the beginning of may, so i will just keep on hodling everything until the market recovers even if it takes a long time. I should have sold a part of my portfolio a few weeks ago but i did not but to sell now feels even wronger to me. I am still in the profit zone and i only invested money that i can afford to lose without any effect on my daily life or stuff like that so everything is fine in that regard but of course it's still pretty sad to see your portfolio losing value almost every single day since a few weeks now. I hope the market stabilizes now.

I feel you as I am experiencing the same thing with my assets right now. I am not that worried though since I am still buying right now so I know the price of my coins, some I bought during the previous dips then I boughts at the ATHs also. So I made sure that I track them how much I invested and at what price. Anyway, if you have the cash now, then buy during this dip, you will be able to get good money out of it once the market goes up again.

I tend to have a more tentative approach and for now rather than investing I'll be taking a step back and analyse the market. Only when I think the dip is close to being over I might move a little of my capital in but for now I think understanding what's going on is more of a priority.

secretgirl

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Quote from: VK.point on May 29, 2021, 04:04:15 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 all know that bitcoin is the benchmark for all other coins, so when bitcoin goes down, the majority of altcoins fall too, and that will definitely cause the market to turn red. The reason the bitcoin price is currently down in my opinion is because the Chinese government has officially banned financial and payment institutions from providing crypto services. another reason is a statement from Elon Musk that Tesla will stop using bitcoin as payment. but I still believe that bitcoin will skyrocket to the top again, because I have heard the news that Venezuela has legalized bitcoin, and recently el Salvador announced it too. I believe news like this will make the price of bitcoin even higher, and make the crypto market green again.

iTradeChips

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Quote from: Jackl87 on June 22, 2021, 04:37:47 AM

Quote from: ?? on ??

There are a lot of dumb money in the space, that feel it is as easy as ABC to make money in Crypto, Whales will shake all these people out first and move the price back up. The most important thing in the space now is to have a clear investment thesis of why you are investing into the space

Well my investment thesis at the moment is quite simple. My portfolio value is already down to 1/8th of its ATH back in the beginning of may, so i will just keep on hodling everything until the market recovers even if it takes a long time. I should have sold a part of my portfolio a few weeks ago but i did not but to sell now feels even wronger to me. I am still in the profit zone and i only invested money that i can afford to lose without any effect on my daily life or stuff like that so everything is fine in that regard but of course it's still pretty sad to see your portfolio losing value almost every single day since a few weeks now. I hope the market stabilizes now.

I feel you as I am experiencing the same thing with my assets right now. I am not that worried though since I am still buying right now so I know the price of my coins, some I bought during the previous dips then I boughts at the ATHs also. So I made sure that I track them how much I invested and at what price. Anyway, if you have the cash now, then buy during this dip, you will be able to get good money out of it once the market goes up again.

Jackl87

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Quote from: ?? on ??

There are a lot of dumb money in the space, that feel it is as easy as ABC to make money in Crypto, Whales will shake all these people out first and move the price back up. The most important thing in the space now is to have a clear investment thesis of why you are investing into the space

Well my investment thesis at the moment is quite simple. My portfolio value is already down to 1/8th of its ATH back in the beginning of may, so i will just keep on hodling everything until the market recovers even if it takes a long time. I should have sold a part of my portfolio a few weeks ago but i did not but to sell now feels even wronger to me. I am still in the profit zone and i only invested money that i can afford to lose without any effect on my daily life or stuff like that so everything is fine in that regard but of course it's still pretty sad to see your portfolio losing value almost every single day since a few weeks now. I hope the market stabilizes now.

fielkun

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Well, Red Days like these are pretty much normal in the crypto market. Don't stress out yourself too much about it. Just sit back, relax and hodl. Everything will get back to normal soon.

Days like these can also provide great buying opportunities. I've already packed my bags with my top fave coins like ETH, ADA, LTC, BNB. I've also allocated some funds for XSN, the native crypto of Stakenet which I plan to stake via their Cold Staking (TPoS) for some passive income.

RussianEnglishTranslation

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

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chanler

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Currently the crypto market is in the red and it makes a lot of people get the loss if they can't manage it properly. I think holding the coin when the market is red will minimize the losses we can get. this is also a good time to buy cheap coins where many alts have good prospects. I see in the market there are some alts that have started to rise and stabilize and I hope others will follow suit. stay patient and don't be in a hurry to make decisions because it's very important to keep our assets safe and not to lose big

hodap

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Quote from: Renampun on June 21, 2021, 04:27:10 PM

Quote from: ?? on ??

Quote from: pedrillo0 on June 21, 2021, 03:37:52 PM

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I believe that China will have much more to lose and to gain in this policy against bitcoin, other states could welcome it differently if only for having a position contrary to the Chinese one.

China made a mistake, forcing the miners to close their facility there, is a wrong move...

today the market is 'red' maybe this condition will last in the next few weeks or months. hold or buy more crypto coins that you think are good is the best thing, don't sell at a time like this especially if you bought during the bull market a few weeks ago.

As we don't know what China's agenda is it is also difficult to say they made a mistake. Maybe from our point of view it is a mistake, but maybe they have plans to which the decision fits perfectly fine.

Renampun

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Quote from: ?? on ??

Quote from: pedrillo0 on June 21, 2021, 03:37:52 PM

...

I believe that China will have much more to lose and to gain in this policy against bitcoin, other states could welcome it differently if only for having a position contrary to the Chinese one.

China made a mistake, forcing the miners to close their facility there, is a wrong move...

today the market is 'red' maybe this condition will last in the next few weeks or months. hold or buy more crypto coins that you think are good is the best thing, don't sell at a time like this especially if you bought during the bull market a few weeks ago.

pedrillo0

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Nada y Tú?

Apparently the bad news comes from China, which is now asking banks to block cryptocurrency transactions.
China with the new really bullish bitcoin has become more aggressive in its cryptocurrency mining and trading policies.
On the other hand Elon musk, the clown, but not so much a danger as China.

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