Red crypto market today - page 7. | Bitcointalksearch.org

seleme

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Quote from: Botnake on June 18, 2021, 04:30:36 PM

Quote from: ?? on ??

This dip was happened because of two reasons that has happened that time, the first one is when China restricts bitcoin in their area, which brings too much dip in the bitcoin, the second reason was the tweet of Elon Musk again when he was tweeted about Tesla which is not going to accept bitcoin anymore for such sh*tty reasons.

There was a new tweet of him that Tesla is going to accept bitcoin again if miners will use clean energy.
https://cointelegraph.com/news/elon-musks-lays-out-when-tesla-will-begin-accepting-bitcoin-payments-again

unfortunately, that doesn't change the mind of the people riding the hype again as they know that Elon was just playing with them.

With his manipulation technique, there's no reason to trust his words.

Elon doing a nice job with speculating markets but he will not be able to repeat the same process on stock markets. Due to lack of regulation, things don't go such a way in the crypto trading world, influencers shouldn't abuse their power in social media for manipulation. Another tweet by Elon Musk will pump the market but his team should prepare deep buy orders first...

Maslate

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Quote from: Woodie on June 18, 2021, 02:42:33 PM

Yeah it's a bloodbath, I guess this time our miners are not taking it well in China with the reported bans we keep on hearing about !

Honestly with the authoritarian government of there what's the best option bitcoin has? Another soft fork to change how it works, maybe we can change the mining process altogether and stay clear of the backlash that comes from bitcoins pollution and carbon footprints... the crypto universe has been shaken.

This is no the first time we hear bad news pertaining to China's restriction on miners, investors, and traders of crypto, so it's safe to assume that the market has been shaken already in the past, but where we are now? we did survive and the market still grows, so just don't look back and focus on the future.

Botnake

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Quote from: ?? on ??

This dip was happened because of two reasons that has happened that time, the first one is when China restricts bitcoin in their area, which brings too much dip in the bitcoin, the second reason was the tweet of Elon Musk again when he was tweeted about Tesla which is not going to accept bitcoin anymore for such sh*tty reasons.

There was a new tweet of him that Tesla is going to accept bitcoin again if miners will use clean energy.
https://cointelegraph.com/news/elon-musks-lays-out-when-tesla-will-begin-accepting-bitcoin-payments-again

unfortunately, that doesn't change the mind of the people riding the hype again as they know that Elon was just playing with them.

With his manipulation technique, there's no reason to trust his words.

Shallow

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The market is now in a bearish condition wherein most people still sees it as manipulation from top players. The funny thing is that, despite the fact that many adoption has been made by some countries, despite that most institutional investors are still buying, yet the market do not look encouraging hence one might be forced to agree that a lot of manipulation is taking place.
Also, as seen in bear market, fuds kept coming out thus leading to more downtrend in the market and now is the time we will appreciate good coins, because after all said and done, they are still the ones that will take the lead and pump when the market corrects.
So lastly, June do not look good from my own perspective but if more engagements comes in through the NFT ecosystem, and more institutions buys then we might see an uptrend; nevertheless you should know this market can't be predicted atimes, hence mind your trades and investment.

Alanaz

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Quote from: pinoycash on June 07, 2021, 09:17:10 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

what you are doing is not wrong but in my opinion you are not right in taking action. that's why don't use all our assets here because here it is volatile and very difficult to predict, if we fall and greetings in choosing an automatic step the loss you get.
don't risk everything you have here because you also have to think about what you're doing so don't regret it after you take action

Woodie

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Yeah it's a bloodbath, I guess this time our miners are not taking it well in China with the reported bans we keep on hearing about !

Honestly with the authoritarian government of there what's the best option bitcoin has? Another soft fork to change how it works, maybe we can change the mining process altogether and stay clear of the backlash that comes from bitcoins pollution and carbon footprints... the crypto universe has been shaken.

hodap

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Quote from: pedrillo0 on June 17, 2021, 05:12:59 PM

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.

The bitcoin market is near the death cross, a scenario like 2018.

Although it was bullish a few days ago:

But it is only delayed and it could be the end of July, but you know nothing is certain in these markets.

For now, watch out for any scenario...

It looks like we had this scenario a couple of times now where it is on the brink to serious crash but then out of a sudden it stabilized quite a bit. Today the same situation and I am curious where we will end up in 24 hours from now.

pedrillo0

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Nada y Tú?

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.

The bitcoin market is near the death cross, a scenario like 2018.

Although it was bullish a few days ago:

But it is only delayed and it could be the end of July, but you know nothing is certain in these markets.

For now, watch out for any scenario...

Maslate

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Quote from: ILuckyGuyI on June 17, 2021, 03:30:28 PM

I don't like to say this but thanks to Elon Musk, things became better after his last statements. But it didn't last long also. The previous FUDs just destroyed the market and still there is not much recovery. It looks like we need more time to see the market starting to go upwards.

Don't expect that people will still believe on Elon Musk, he already destroyed his reputation, the fact he back DOGE and bring it to the moon, that's a clear statement that he is into the manipulation game and investors doesn't want to follow that kind of personality even if he is so popular as one of the riches in the world.

Princejebs

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Quote from: BIN-BIN on June 15, 2021, 04:29:59 AM

We have to get used to any market situations because is hard to predict what will happen in the future for the cryptocurrency market that is why it is termed a highly volatile market. Get used to this and equate yourself with the market trend.

It's so obvious that's influencers are now the true definition of bitcoin and other altcoins. We call it bitcoin or cryptocurrency because there is no central authority or power but now a days, a tweet from a common man makes traders and investors go shivering with panic and fomo just to get some few dollars.
The media is playing huge impact in this bull run, I don't know how long they will last to keep the price or pump more to break the previous all time high. Finger crossed and watching in all dimensions.

ILuckyGuyI

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I don't like to say this but thanks to Elon Musk, things became better after his last statements. But it didn't last long also. The previous FUDs just destroyed the market and still there is not much recovery. It looks like we need more time to see the market starting to go upwards.

bekti3

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Quote from: 2tang on June 14, 2021, 01:22:38 PM

A little correction from me, the Global Economy is not collapsing because of covid-19 and Elon Musk is a person who is smart in carrying out his strategies not someone who is blind in trading.

but with this pandemic, it has indirectly made the world economy slump, not only for small and underdeveloped countries but also large countries where the economy is strong. indirectly they also feel the same impact.
besides that, Elon is also very clear with his strategy, especially in terms of market manipulation that he has been doing and not only that, Elon can also lead his followers to believe in what he is doing and the advantages of a billionaire can be seen here. actually what Elon did was not wrong, the problem was when he manipulated the many people who followed him.

rozak

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Quote from: CaptainCrapper on June 16, 2021, 08:44:42 AM

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.

The market is not in a stable situation now. all of the small traders was a problem. they can't withdraw their capital for red zone market.i thinking we have to wait for good something.

The current situation is still very confusing. because market movements are also unpredictable. but precisely like this will be an advantage for traders. they play an important role in every movement in the market.
there is a concern that we are in a downtrend that is preparing to move.

CaptainCrapper

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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.

The market is not in a stable situation now. all of the small traders was a problem. they can't withdraw their capital for red zone market.i thinking we have to wait for good something.

Farma

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Entering the middle of June, now the price is starting to rise to $40k, meaning the price is starting to recover. however, it looks like the prices of other altcoins have not recovered. currently, I'm still waiting for a higher price than this. after all, a lot of the causes for bitcoin and altcoin prices to drop a while ago, but I think that the price increase might start happening again.

BIN-BIN

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We have to get used to any market situations because is hard to predict what will happen in the future for the cryptocurrency market that is why it is termed a highly volatile market. Get used to this and equate yourself with the market trend.

Alisha-k

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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.

You can't predict the trend of any market you only trade with the trend. Always remember "the trend is your friend" if you stick to this you would make more money trading any market whatsoever but the moment you try predicting where you want the trend to go you loose out of the trade and starts having lots of losses which would affect your trading account and. Might even blow than your account if proper risk management isn't employed

SacriFries11

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Quote from: 2tang on June 14, 2021, 01:22:38 PM

A little correction from me, the Global Economy is not collapsing because of covid-19 and Elon Musk is a person who is smart in carrying out his strategies not someone who is blind in trading.

It's good to know that Tesla is planning again to accept BTC if miners will become responsible for switching their power to renewable resources. I know it will be the best for all of us if these miners will switch to renewable energies to mine BTC since a large of power is required to mine BTC. Now the prices are continuing to recover after weeks of red crypto market. It seems that it already bear market, the graph shows that we are on our way to it but I'm not 100 percent sure about it. There are still possibility of pump since a lot of adoption still possible like El salvador.

2tang

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Quote from: Silver80 on June 12, 2021, 08:51:39 PM

because of China, the blind merchant Elon Musk, and the global economic collapse caused by the Covid-19

A little correction from me, the Global Economy is not collapsing because of covid-19 and Elon Musk is a person who is smart in carrying out his strategies not someone who is blind in trading.

carlisle1

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Quote from: Review Master on June 14, 2021, 12:41:30 PM

Quote from: asus09 on June 10, 2021, 11:20:02 AM

so why many people panic when China make bullshit announcement every time, maybe you can see when bitcoin under $3000 China ever banned bitcoin but bitcoin keep going to higher price.

It's because of fomo and everyone isn't like us as many users are newly entered into this market within this bull run or they're not aware of those. That's why everyone's on panic to sell off so that they could secure the profits, even many of them didn't care about the losses. That's how the market works and those panic users are also buying today. As a result, bitcoin is pumping just like huge dumping. Grin

Newcomers commit many mistakes along the way, but experienced will teach them how to treat this business,
those who sell at panic losses their investment, after that those who still considering this venue of investment
realize that the chance still there for them,

they are now starting to buy back and start bringing more money inside the market, Red and Green market are
normal it's up to every investors how to treat this opportunities in order not to be left behind from any market sentiments.

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