This dump will scare a lot of people away from Crypto! - page 3.

Sithara007

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: jamesashmore1964 on May 11, 2018, 08:12:15 AM

The media were singing the praises of BTC, Cardano, Stellar, Ripple, etc and NOW LOOK.
In my opinion this will scare any newcomers and existing participants of this market space!
A lot of damage has been done!
Just about every chart analyst didn’t see this!

You don't need to look at the short term trends. During the past 1.5 years, Bitcoin has given the investors more than 700% returns. The corresponding figures for ETH and XRP are even higher. Concentrate on this stat, and not on the short term dips.

Vohoanghiep

full member

Activity: 301

Merit: 100

Right. Probably fake news has a great influence on the psychology of investors. So, they panic and fear made them become incongruous. That has done so much damage to the virtual currency industry. So, if you want to become a smart and successful investor, you should distill the news and have a steel spirit to stay ahead of bad news.

NewDeal

member

Activity: 378

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Blockchain Just Entered The Real World

Quote from: ToddDiaz on May 17, 2018, 09:40:41 AM

Anyone who wants to come into the crypto market first needs to understand that price hikes and price dumps are normal for the market and that even after they buy in, the volatility will continue. If a dip in prices is what scares you from investing in the crypto market in the first place then you should not invest in cryptos.

As long as there is such a high volatility on the market, many investors will avoid this market. I do not know if it's good or bad.

TheDarkRide

sr. member

Activity: 476

Merit: 250

Dump will scare people but as soon as the pump came, people will be interested to join again. That is mostly what will happen. People come and go in cryptocurrency.

bananadines

hero member

Activity: 644

Merit: 500

Yeah, that huge dump was really scary for the most new people and for people that want to join the crypto world! But maybe they will buy when we are at the dip and they could make some profits. But I think the most new people will buy the top. That's how everyone started Cheesy

Baoo

full member

Activity: 868

Merit: 116

Honestly, it is unfortunate that many users of cryptocurrencies are very pessimistic and scared by the sudden and unexpected changes in the market. Furthermore, IMO everyone must avoid the information of the media because they are always manipulating the users through some fake and false news, and the issue that many believe them and this leads to bad consequences ( panic selling...) and significant financial losses.

In addition to that, the capitalists (who have a large proportion value of cryptocurrencies especially Bitcoin) control the whole market (Such as, what is happening in this period, sell a large proportion of their money) to ensure a huge profit after some period and even influence the media through some rumors in order to achieve their interests (Long-term profit).

In fact, I do not think that this widespread crisis or drop will continue on a long term, maybe it will last just for a few days or a week, and after that, there will be a good jump especially if Bitcoin will rise between 10K and 12K because the whole market is linked or related to BTC. So we must wait a while and it is certain that there will be a good surprise and please stop complaining because everything will improve for the better.

itasannah

sr. member

Activity: 798

Merit: 251

The dump coin prices, everytime and everywhere, will make some people feel scared of losing their amounts. However, if we are involved and participated in crypto, we must have known that this is part of the risks, losing our money in the unpredictable time. However, we can also manage the loss. We must think the very good strategy to reduce the lost. If we don't want to lose the money on the altcoins, don't sell them when the price is very dumped. Be patient and try to hodl.

jamesashmore1964

jr. member

Activity: 336

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This market has a lot of growing up to do: many cryptos are manipulated and many Coins are worthless and will never achieve anything! This market trades on hype.

[email protected]

full member

Activity: 406

Merit: 100

People who came here on the wave of and Bitcoin rally, leave this market. This is pointless and we should not be bothered. The market has grown over the past few months, if counted from October and November till today. He grew up not so much in terms of capitalization, but in the fact that there are new projects that may be of interest to users in the future. Now one of such projects is Remme. It allows us to get rid of hacking threats and protects our data. Passwords in the ecosystem of this project are losing power and allow us opportunity of a new vision at security issues. They solve the problems of our data, our accounts and this is something that I have always lacked. Look closely at the project. Thats a revolution in cybersecurity

nguyentrangg333

newbie

Activity: 59

Merit: 0

Yes, for sure this new person would be enough to make them afraid. many who have not they know about the market and many are afraid to lose their assets in advance. If the longer notice, of course, the longer the market movements will be familiar with this sort of thing.

markieeeloy

jr. member

Activity: 296

Merit: 2

Probably this will surely scare people, but when you are a true holder and not a weak hands it was just a some sort of FUD. I can say that it is another part of price manipulation so that other investors (whale) can enter with a low price. Better hold your assets and just ride with the price change.

bibitao19

newbie

Activity: 20

Merit: 0

Fake news are affecting crypto industry a lot. I think people shouldn't always believe what is said in media because they can influence human a lot. Eveyone should judge by knowing proper news. Like now crypto industry is recovering and the media is spreading rumors which will affet this industry a lot. But i believe those who really know cryptocurrency and know its potential they will ignore such news.

ToddDiaz

newbie

Activity: 182

Merit: 0

Anyone who wants to come into the crypto market first needs to understand that price hikes and price dumps are normal for the market and that even after they buy in, the volatility will continue. If a dip in prices is what scares you from investing in the crypto market in the first place then you should not invest in cryptos.

Rejinx

hero member

Activity: 728

Merit: 500

I heard about the fact that a new wave of dumps is starting now, which will be much longer than the previous one, but I hope that all this is a fake ...

cryptozw

member

Activity: 123

Merit: 10

I think scaring away the newcomers is not something that we can cry about. After all it is the newcomers who quickly panick when BTC hits bad times (dips) so we dont need them either. The hardcore cryptoz will sail through for there are good times ahead. Cryptocurrency is here to stay guys nomatter what the media can say and how much resstance it will face from governments, actually I think this resistance will actually encourage stiff decentralisation mechanics.

richardjam

member

Activity: 269

Merit: 10

The whales are controlling the cryptocurrency world - We can't predict any information , except the whales
The dumping/pumping is natural .
At these days , the fake news / FOMO are also affecting to investors's mentality .
No worries bro . The market will recover soon and reach a new milestone

Aikidoka

sr. member

Activity: 1078

Merit: 342

Sinbad Mixer: Mix Your BTC Quickly

The newcomers should be aware of the Media Manipulation. The latter plays a major role into turning the public point of views, not to mention that it is against the cryptocurrency because it is with the government. Added to that statement, no one should believe what the media says, so I believe there will not be any fear unless they are stupid and believe anything they said to them. Investing in bitcoin will bring them fortune not misfortune.

noriksiayol

newbie

Activity: 123

Merit: 0

Naturally life of cryptocurrency are all about on what prices constantly move from up and down, this is not actually the reason on why people scared on cryptocurrency business, some people scared on the total risk that sometimes happened on such different transactions that sometimes more on scammers and hackers involve. And mostly victims are those weak people and newly comers on cryptocurrency business like me, so to avoid any dangerous thing happens on every transactions, we refer first to those people who already master on this business, like for example you have a very close friend that knows already on how to transact different business transactions in cryotocurrency. And talking about the price dumping, it is actually normal, and when price down, it is another big opportunity to those big investors to invest more capital, so dumping crypto price is not actually scared, because it will pump again even only for a few hours or several days.

Jericka D Ranillo

member

Activity: 252

Merit: 10

Yes media is one of the reason why market is red. Fake news is there, telling about bitcoin without enough knowledge what real BTC. So newcomers will think like that and stop believing in crypto currency. And some old users but have weak belief will also affected in these fudds.

Ayaah

newbie

Activity: 140

Merit: 0

Quote from: jamesashmore1964 on May 11, 2018, 08:12:15 AM

The media were singing the praises of BTC, Cardano, Stellar, Ripple, etc and NOW LOOK.
In my opinion this will scare any newcomers and existing participants of this market space!
A lot of damage has been done!
Just about every chart analyst didn’t see this!

This media has distributed a false news about cryptos so that many people get scared to invest their money in cryptos. And also the group of big whales who likes to manipulate the price of cryptos. They want to spread FUD news so that the price of cryptocurrencies will be affected to go down in zero value. And it's their strategies so that they can buy all coins in a very low prices.

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