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Topic: The market fell sharply, what is going on? (Read 1034 times)

sr. member
Activity: 588
Merit: 250
For now I think the market is recovering because seeing from All Time Down in 2018 is about $ 5,800 = 1 Bitcoin and now Bitcoin's price reaches $ 8,000

But many say the market is now down trend, and hopefully this is my turning point to go up the price. cheerrrsss   Smiley
hero member
Activity: 1246
Merit: 534
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad
It is better to be out of the market. To be in USDT or USD and observe. This will prevent unnecessary losses. You will have time to buy coins again. It is important not only to get income, but also not to receive losses.
Yes, in a way the wait outside the market until it will starts up again is a great way to be safe and cut your losses. But if everyone was to do the same then you'd only contribute to the market downtrend overall, wouldn't you? But I suppose in this community some people take the risks and continue on whilst others dodge and go for a safer exit.
sr. member
Activity: 616
Merit: 263
Well don’t think of this in a bad way, think about the positives. It’s a perfect time to get some more money invested into this. If you have all your bills and food paid for why not put some more money into this? That's exactly what crypto should be. It shouldn't be your main source of income unless you're an expert trader. Just dump what little extra you can, and cash out when it's green, and repeat.
member
Activity: 512
Merit: 10
Just holding the coins and investing further more while can get good prices. The market will recover for sure and expecting big profits in 4 quarter. Eventual  further drop will not bother me  as I am long term investor.
full member
Activity: 420
Merit: 100
In this statement that market fell sharply, its means that the price of the investments in the market or public is in the chipper price and affordable to the investors to avail and also to be  one of the profitable investor in this business and industry.
member
Activity: 476
Merit: 10
I think crypto market just correction and will be going up again in next a few day,  Just stay relax because crypto market has big change to bullish  again,  crypto  community is bigger and I dont think so the price will continue drop again after the price in the support or in the bottom.
member
Activity: 294
Merit: 11
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad
Do not need to buy at a fall in prices. It is better to wait until it is over and the trend changes to a growing one. If you buy during the fall and the downtrend will continue, it will make you nervous and make bad decisions that can lead to some losses
newbie
Activity: 196
Merit: 0
this is the first step the price starts to fall away but do not worry the market is always like this, wait a week maybe the price will return to normal, may big investors can save the market back.
full member
Activity: 658
Merit: 102
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad

This is still part of the market's up and cycle and nothing new. This market downtrend might be prolonged due to some negative factors that continues to affect the prices but this will be temporary. Presently, bitcoin price has briefly reached the $10k before it fell down to $9700 and this prove can go up anytime. If there are no negative factors in the days ahead, bitcoin will continue its uptrend.
member
Activity: 140
Merit: 10
probably when btc will again start to rise again. At the moment, we need to have positive news for crypto especially because more people are aware of it now than last year. And its not only btc but other alts as well.
newbie
Activity: 140
Merit: 0
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad
It is better to be out of the market. To be in USDT or USD and observe. This will prevent unnecessary losses. You will have time to buy coins again. It is important not only to get income, but also not to receive losses.

Thats completely wrong step. What if you are in the USDT and then the prices for the coins start rising again? When you will buy then? After getting the prices spiked and then again people will start crying about the losses they got because of USDT holdings. I know the prices for USDT is set to $1 buck but thats like making you funds restricted to one stop and no spiking effect for the same. The prices are moving up and down with sharpness and yo util have no time to re-buy what you have sold. I know opposite effect can also happen but we know very well one day everything will be back to normal. So why complicate the situation.

How many times have I said to myself: do not rush, there will still be time for the price of a coin to go down, and many times I've been wrong. When you are in the USD, you need to keep a very close watch so that you "have time to jump on a rocket".
hero member
Activity: 849
Merit: 507
I am buying a bunch of coins at the moment, so for me, this is not a bad moment to keep investing more.

Came on guys, i dont understand why there are a lot of people in here always complaining about the same situation over and over again!.
sr. member
Activity: 756
Merit: 252
There are only 2 ways to explain what happening with crypto market:
1. Bitcoin/altcoins Bubble explove
2. Whales cash out profile from previous months and let the market crash with control
I think ways 1 is not happen because crypto is too new and will not die easily, so keep buying and we will get pay off soon Cheesy
It is entirely possible that both of those options are happening at the same time also there are probably even more options, recently the futures market was created and after that the price of bitcoin began to go lower and lower, so it is very likely that the governments around the world are trying to do to bitcoin the same that they are trying to do with gold.
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
There are only 2 ways to explain what happening with crypto market:
1. Bitcoin/altcoins Bubble explove
2. Whales cash out profile from previous months and let the market crash with control
I think ways 1 is not happen because crypto is too new and will not die easily, so keep buying and we will get pay off soon Cheesy
sr. member
Activity: 644
Merit: 263
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad
It is better to be out of the market. To be in USDT or USD and observe. This will prevent unnecessary losses. You will have time to buy coins again. It is important not only to get income, but also not to receive losses.

Thats completely wrong step. What if you are in the USDT and then the prices for the coins start rising again? When you will buy then? After getting the prices spiked and then again people will start crying about the losses they got because of USDT holdings. I know the prices for USDT is set to $1 buck but thats like making you funds restricted to one stop and no spiking effect for the same. The prices are moving up and down with sharpness and yo util have no time to re-buy what you have sold. I know opposite effect can also happen but we know very well one day everything will be back to normal. So why complicate the situation.
member
Activity: 294
Merit: 11
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad
It is better to be out of the market. To be in USDT or USD and observe. This will prevent unnecessary losses. You will have time to buy coins again. It is important not only to get income, but also not to receive losses.
sr. member
Activity: 1274
Merit: 252
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad
Better to wait until there is a good movement, I also still hold the top 10 coin in case if there is an increase based on recent news about the ethereum, I suggest to calm your mind and do not get dizzy because crypto will shine back after storms of ban crypto ads.
full member
Activity: 448
Merit: 101
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad

There's still a lot of FUD around previous things, mostly around the tether/bitfinex situation and then facebook ban on crypto ads. Couple that then with new FUD today about India BANNING crypto (India is not banning crypto, please read the news yourself to see this is true).

Yes, those FUD made the bitcoins and altcoin very hard to recover. At this point, long holder is the only way to do.
But of if you not able to do that, then you have to do a cut loss, then buy again at the dip.

I noticed that the market is still withdrawn capital, do not understand what is happening anymore. Almost everything is down, history is repeating, do not know if the Crytopia market is out of this period, I'm praying.
Not at all! The market is not going to end up here. This is just another storm which is going to pass in short time. We are not supposed to stay worried in this storm, rather learn to dance in this storm so that storm gets tired of you people and leave you guys. Nothing in the world is permanent nor is this bad condition of the market. The change of the market is totally dependent on our support for the market.
full member
Activity: 336
Merit: 101
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad

There's still a lot of FUD around previous things, mostly around the tether/bitfinex situation and then facebook ban on crypto ads. Couple that then with new FUD today about India BANNING crypto (India is not banning crypto, please read the news yourself to see this is true).

Yes, those FUD made the bitcoins and altcoin very hard to recover. At this point, long holder is the only way to do.
But of if you not able to do that, then you have to do a cut loss, then buy again at the dip.

I noticed that the market is still withdrawn capital, do not understand what is happening anymore. Almost everything is down, history is repeating, do not know if the Crytopia market is out of this period, I'm praying.
Oh don’t worry. Why are you getting so much confused with this thing? Since the development of bitcoins, the very first day, and till now, everything is just clear in case of bitcoins. They are not predictable and they are highly unstable. Sometimes you will get to know that omg all your investments are going to die and sometimes it will be giving you best profits that no one can even think of.
newbie
Activity: 76
Merit: 0
The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Sad

There's still a lot of FUD around previous things, mostly around the tether/bitfinex situation and then facebook ban on crypto ads. Couple that then with new FUD today about India BANNING crypto (India is not banning crypto, please read the news yourself to see this is true).

Yes, those FUD made the bitcoins and altcoin very hard to recover. At this point, long holder is the only way to do.
But of if you not able to do that, then you have to do a cut loss, then buy again at the dip.

I noticed that the market is still withdrawn capital, do not understand what is happening anymore. Almost everything is down, history is repeating, do not know if the Crytopia market is out of this period, I'm praying.
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