Price of cryptocurrency going up and down is a natural phenomena of cryptocurrency. So investors and traders should not panic about price fall. In 2017, bitcoin peaked at 20000 $, but now it stands below $10000. At this time, price of altcoins has gone down. I believe price of altcoins will go up again.
I’m already so tired of panicking in the cryptocurrency market for these 2 years, that after Bitcoin costs $ 8,000, I don’t worry at all! We must try to control ourselves!
Topic: The price plunged down today? (Read 10345 times)
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Price of cryptocurrency going up and down is a natural phenomena of cryptocurrency. So investors and traders should not panic about price fall. In 2017, bitcoin peaked at 20000 $, but now it stands below $10000. At this time, price of altcoins has gone down. I believe price of altcoins will go up again.
I’m already so tired of panicking in the cryptocurrency market for these 2 years, that after Bitcoin costs $ 8,000, I don’t worry at all! We must try to control ourselves!
Price of cryptocurrency going up and down is a natural phenomena of cryptocurrency. So investors and traders should not panic about price fall. In 2017, bitcoin peaked at 20000 $, but now it stands below $10000. At this time, price of altcoins has gone down. I believe price of altcoins will go up again.
Hopefully this is just a correction and does not last long, patience is really testing us, we should not panic if another correction occurs.
Funny how this thread is still valid and relevant after more than 1 year, and people still wonder why this happens. It's as if people never learn or never bother to educate themselves. In any case, like all the other posters have said, this is either just:
1. part of the crypto cycle,
2. is temporary,
3. just hold and be patient.
Hopefully this is just a correction and does not last long, patience is really testing us, we should not panic if another correction occurs.
I think that most participants in the cryptocurrency market will panic, the question is when will the fall end?! I myself hope that the price rises to 10,000 dollars for Bitcoin by the end of this year.
Bakkt New York Exchange played a cruel joke with investors when everyone was waiting for the launch of futures on the exchange and thought that the price would go up, it turned out the opposite and the price had fallen ... someone had made money from it, or would soon earn it.
Hopefully this is just a correction and does not last long, patience is really testing us, we should not panic if another correction occurs.
I think that most participants in the cryptocurrency market will panic, the question is when will the fall end?! I myself hope that the price rises to 10,000 dollars for Bitcoin by the end of this year.
Hopefully this is just a correction and does not last long, patience is really testing us, we should not panic if another correction occurs.
This is just a usual market fluctuation and nothing more to worry about. Most of the Altcoins are depending on Bitcoin market performance that now Bitcoin price is rising so the Altcoins market is now slowly recovering too.
The same situations kepts happening, and now it's time to be more clever in deciding when to lose or grip. If we see price plunges down, don't let the opportunity be gone at one glance. Get those prospects at lower price and add them to your holdings.
I've heard that BTC will plunge again to the price of $ 8,000 USD.
I also hear the same, but not everything I hear is something I have to believe.
It always varies on what you believe because I myself is bullish this year, so I read bearish comments but I don't have to believe it.
At that time the market decline was underway. And it's no surprise that many people panic selling coins. But unlike the current conditions that the Bitcoin $10.355 price is included very well. So Altcoin also experienced a price hike and a good time to melt the money.
We have nothing to resist them (whales), they are also market players and I don't think that it is necessary to make some deal with them, instead, it is better to play with them. They have that capability to move the market which we don't have(normal investors), but it doesn't mean that they are controlling the market only they could changes the market flows.
I used to hate the whales before but knowingly that they are also involved to the market and gives impact positive and negative to the market, I started to think that riding whatever the flow of the market together with them.A small investor like us can't do anything about it because we just have to go along with their side because they are the market movers.
We have nothing to resist them (whales), they are also market players and I don't think that it is necessary to make some deal with them, instead, it is better to play with them. They have that capability to move the market which we don't have(normal investors), but it doesn't mean that they are controlling the market only they could changes the market flows.
It is a pity that many users of cryptocurrency who could resist big whales, uniting in groups, namely, activity in the cryptocurrency market is an important source of income and it happens that regardless of your desires, you have to sell coins at the price that is ...
It seems to me that cryptocurrency PR is too strong until 2016 and played a cruel joke with the cryptocurrency market itself. Information about cryptocurrencies spread very strongly and gave very different results. Nobody thought about the importance of high technology, and all the information was perceived as very profitable earnings of quick and big money. This is the way most users today treat cryptocurrency. Either benefit or not.
That is the goal of whales and they have succeeded in attracting many people without technology knowledge to the crypto market. That's why they pump the price of the BTC up so high and submerge it for 1 year.We all need to cultivate technology knowledge as well as how to distribute the whale's pump and dump traps.
It seems to me that cryptocurrency PR is too strong until 2016 and played a cruel joke with the cryptocurrency market itself. Information about cryptocurrencies spread very strongly and gave very different results. Nobody thought about the importance of high technology, and all the information was perceived as very profitable earnings of quick and big money. This is the way most users today treat cryptocurrency. Either benefit or not.
Bitcoin movement today is among the strangest I have seen. I was on tether comfortably waiting for bitcoin to hit below $9000 from $9200 and then in the next 10 minutes bitcoin gained extra $1000 to reach $10300 to produce a very long green candle. I am still in tether though till I understand this movement
It is not a surprise mate for this kind of market. Price fluctuation seems too strong and even experts can't be able to read what will happen next.The actual scenario shows that nobody is controlling the market and even whales can't make it.
Hope this upclimbing scheme we have now will continue for few more days and looking for another market break.
These fluctuations are so severe now that the prices of the cryptocurrencies have been changing constantly. Now, even an hour is just a long period for crypto to turn up or down. The best professional traders can make very good money now, but the beginners should better stay away from any speculations or they can lose their money in a day or even faster.
Found a lot of people complaining about new projects or new coins that kept popping up that didn't really benefit many people or ended in scams. Almost everyone complains like that and continues to do so. I think until when will this continue?
of course everyone will complain like that. because those who just arrived turned out to be only trash in the market. because there aren't many that last long, then their project stops. Jump to: