The market fell sharply, what is going on? - page 10.

MasterMoney

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Quote from: bitcoinisbest on February 01, 2018, 03:07:43 PM

Quote from: salterious on February 01, 2018, 02:52:43 PM

I wouldn't want to stay in USDT right now given everything that is on going and that is the reason for all this nasty swings it is the FUD, FUD and more FUD. Now of it really should make the market move this much but the fact the media keeps pounding it down our throats, I think some investors get scared off by this. Hoping things will revert back after the Chinese New Years here.

A good amount of correction has already happened and now due to media wrong interpret it is killing the pace which bitcoin should be rising. It is creating a panic among all and thus people are even selling in high losses which is kind of really killing them self. Holding for some time for now will make things more better and also will get the good uprise in Feb itself.

Perhaps this is the battle of information, many bad guys are drowning the market by gossiping false and untrue, it is difficult to select news and be sure HOLD.

MasterMoney

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Quote from: iram1011 on February 01, 2018, 03:06:33 PM

It's the scenario of every year. Market usually suffers a correction in the beginning of the year and gains momentum usually in March end or April. You can see in the graph, there is always a red candle in the start of the year.

Moreover, this time, Wall Street is manipulating the market heavily. Goldman Sachs will get in altcoin trading in may and hedge funds are bullish on crytpos. 2018 will become the best year for cryptocurrencies without any doubt. This is just the patience game going on and panic sellers are getting ruined.

Thank you for your reassurance, you strengthened my confidence with Crytopia <3 Kiss

bstewart

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Quote from: iram1011 on February 01, 2018, 03:06:33 PM

Moreover, this time, Wall Street is manipulating the market heavily. Goldman Sachs will get in altcoin trading in may and hedge funds are bullish on crytpos. 2018 will become the best year for cryptocurrencies without any doubt. This is just the patience game going on and panic sellers are getting ruined.

Totally agree with this. I keep reading everyone's FUD about crypto and alts collapsing, but we are definitely NOT at that stage. This is the beginning of big money entering crypto and this year is going to be massive. Unfortunately, we have to wait for bitcoin to get its shit together, since alts are (unfortunately) tied to bitcoin's rise and fall.

MasterMoney

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Quote from: supermine on February 01, 2018, 02:47:09 PM

Quote from: MasterMoney on February 01, 2018, 02:25:34 PM

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 are lots of rumors created against the bitcoin that's why the price of bitcoin keeps falling the recent FUD is that bitcoin was banned in India but I am not seen any official link says that bitcoins was banned there.All I can see that bitcoin was never legal tender there and they want to stop crypto currencies from illegal activities.So we can get that they are going to regulate the crypto currencies but everyone talking as BANNED.These are the reason for price fall.So if you want you can buy now but I hope the price will fall more a little bit.

You really have a strong belief in this market, I really love Crytopia, hope Alt and BTC will soon recover the prosperity.

MasterMoney

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Quote from: shulio on February 01, 2018, 02:46:43 PM

How much money do you have? If you have more than enough to pay your bills, you may buy more coins. Otherwise, stay at USDT until the market recovers.

My capital is very small from 500-700USDT sir, I was exchanged USDT but USDT has some bad news, i'm so worry. Sad

1NV3ST0NM3

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Quote from: MasterMoney on February 01, 2018, 02:25:34 PM

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

The FUD created by the Indian government is going on right now. The market which was already hit by a bearish trap has now been hit by another FUD. People from India are worried about the legal aspects of bitcoin. Even though the finance minister hasn't banned it as of yet but there is strong criticism being done by the government towards all forms of cryptocurrencies. The announcement have made the Indian market down by around 20% today.

Koadharber

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Quote from: MasterMoney on February 01, 2018, 02:25:34 PM

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

Just hold on. There are lots of FUDS everywhere which do make this market down and we cant really avoid that emotion would really be on here and investors would normally panic on these kind of situations which it do possibly add up the bearish trend on whats happening as of now. Market crashes do happen which we should really not be surprised of . It might even go lower on 7k on bitcoins price and even those top 10 altcoins would really dip too.

Prabesh Raut

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It's the nature of the market.

Buy now or regret later.
Best technical analysis from r/Bitcoin all year.
#bitcoin #cryptocurrency

https:/[Suspicious link removed]/iOy1wEFBAX

bitcoinisbest

hero member

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Quote from: salterious on February 01, 2018, 02:52:43 PM

I wouldn't want to stay in USDT right now given everything that is on going and that is the reason for all this nasty swings it is the FUD, FUD and more FUD. Now of it really should make the market move this much but the fact the media keeps pounding it down our throats, I think some investors get scared off by this. Hoping things will revert back after the Chinese New Years here.

A good amount of correction has already happened and now due to media wrong interpret it is killing the pace which bitcoin should be rising. It is creating a panic among all and thus people are even selling in high losses which is kind of really killing them self. Holding for some time for now will make things more better and also will get the good uprise in Feb itself.

iram1011

hero member

Activity: 896

Merit: 521

It's the scenario of every year. Market usually suffers a correction in the beginning of the year and gains momentum usually in March end or April. You can see in the graph, there is always a red candle in the start of the year.

Moreover, this time, Wall Street is manipulating the market heavily. Goldman Sachs will get in altcoin trading in may and hedge funds are bullish on crytpos. 2018 will become the best year for cryptocurrencies without any doubt. This is just the patience game going on and panic sellers are getting ruined.

salterious

full member

Activity: 258

Merit: 100

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I wouldn't want to stay in USDT right now given everything that is on going and that is the reason for all this nasty swings it is the FUD, FUD and more FUD. Now of it really should make the market move this much but the fact the media keeps pounding it down our throats, I think some investors get scared off by this. Hoping things will revert back after the Chinese New Years here.

MasterMoney

newbie

Activity: 76

Merit: 0

Quote from: clrpod on February 01, 2018, 02:35:48 PM

Quote from: MasterMoney on February 01, 2018, 02:25:34 PM

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).

Hmmm, I just read a little bit about tethering (USDT), if by it, market affected ?

supermine

hero member

Activity: 826

Merit: 518

Quote from: MasterMoney on February 01, 2018, 02:25:34 PM

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 are lots of rumors created against the bitcoin that's why the price of bitcoin keeps falling the recent FUD is that bitcoin was banned in India but I am not seen any official link says that bitcoins was banned there.All I can see that bitcoin was never legal tender there and they want to stop crypto currencies from illegal activities.So we can get that they are going to regulate the crypto currencies but everyone talking as BANNED.These are the reason for price fall.So if you want you can buy now but I hope the price will fall more a little bit.

shulio

legendary

Activity: 1540

Merit: 1016

How much money do you have? If you have more than enough to pay your bills, you may buy more coins. Otherwise, stay at USDT until the market recovers.

clrpod

full member

Activity: 322

Merit: 114

Quote from: MasterMoney on February 01, 2018, 02:25:34 PM

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).

MasterMoney

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

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