What happened to the crypto market? | Bitcointalksearch.org

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Quote from: YOSHIE on June 18, 2024, 10:05:19 AM

Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

On Google you will find hundreds of reasons for the impact of Bitcoin's current decline and what the crypto market is facing in a situation like now, You may believe it or not believe it, but some facts explain it correctly and make sense.

I'm sure investors know very well what the crypto market is facing at the moment, of course they are anti-anti for a situation like this, in terms of crypto trading, a situation like this is a good opportunity for investors in trading methods, As far as I know, currently investors are not considering investment, they are actually considering short term trading, it is more promising for them, if you don't believe it, go to crypto investors, ask what you are doing about the current Bitcoin market situation, they will tell you well and sensibly.

Fundamentals and other news in the past isnt something that would really be that relevant since the market could really be able to move out without basing with those movements and could really be able to move itself
without having those kind of considerations whether its a positive or negative ones. Making up some drops like this is really just that like an ordinary day here on crypto space on which if you are just new then
you would be having that normal reaction on which its really just that a normal approach to have or reaction on which you would really be worrying with the current market condition. Whereas, into those people who had been here on this market for years will really be just that taking this as an ordinary day that we do have in the market. This is why it would really be better that you should be anticipating on whats unexpected.

Be wise on taking up some buybacks or DCA on the moment that the market dips but of course it would really be just that applicable into those projects which does have that potential
or simply its really that worth when it comes to long term holds.

YOSHIE

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

On Google you will find hundreds of reasons for the impact of Bitcoin's current decline and what the crypto market is facing in a situation like now, You may believe it or not believe it, but some facts explain it correctly and make sense.

I'm sure investors know very well what the crypto market is facing at the moment, of course they are anti-anti for a situation like this, in terms of crypto trading, a situation like this is a good opportunity for investors in trading methods, As far as I know, currently investors are not considering investment, they are actually considering short term trading, it is more promising for them, if you don't believe it, go to crypto investors, ask what you are doing about the current Bitcoin market situation, they will tell you well and sensibly.

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

It sounds like you are worries with you investment, i think dropping of price is normal in crypto, and you need to prepare for it, that is why expert always says that investing in crypto coins really needs a big patience because they know or experience different seasons bull and bear, earning , lossing, and maybe base on thier experience they saw the importance of patience in crypto.

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

When the market goes up, don't you think there was a reason why it went up? When the market shoot up, it's because of something good came as a news like the last news that broke this week when Bitcoin pump a little bit, the new CPI came out which indicated that predicted inflation was higher than the outcome which means that real inflation was low and that made market to flourish but market indicators is saying the market is due for correction and that's why the market is dumping.

Generally, market can't go up forever, it can't and it can't go down continuesly, there is always support and resistance where it settled and the continuation depends on what comes later, that's how the crypto market works. You should also bear in mind that the crypto market is volatile, the altcoins bleed the most and they also gives good profits, I guess the reason why you are seeing 1/3 of your assets is because you bought at the top.

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

The market is going down but we are closer to the highest point the market has reach before meaning the market is not in the bear market. What happened to the market is that some traders has begun to take profits and this is normal when the market has given those that invested into the market when it was bearish some profits. Because they are taking profits it will affect the market and this might lead to more selling then you can begin to see the market falling. Alot of project has just being rising, memecoin are pumping and other altcoins too meaning alot of people were in profit and as you see the market falling, they are begining to secure their profits because when you have made profit but have not secured it, you do not have a profit yet. Profits taking is as important as hodling for more profits.

armanda90

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Quote from: Spaceman1000$ on June 14, 2024, 01:27:01 PM

I believe this is your first time of experiencing market volatility, it happens often, but that doesn't call for panic, investors are not going to lose their capital, as a matter of fact, it's one of the suitable times to increase your accumulation if you have the resource because of maybe the price reduction whenever the market is bearish.

There are various reasons that can pull down the market value of a particular coin, it could be news, it could as well be the market forces displaying its forces against itself, but that's shouldn't call for panic or for you to sell your tokens out of panic because that's like a storm in a teacup.

The cryptocurrency market condition recently keep going down and Bitcoin decreasing new lower price after dropping around $65k last few hours ago, still at bad moment for bitcoin and altcoin holder after looking how much percentage of decreasing bitcoin and some altcoin recently but keep optimistic for holding our assets not be panic facing with this moment.
Still not get correct reason behind of bitcoin and some altcoin price decreasing drastically but I believe with large correction of cryptocurrency market has moment recovery several days later and keep purchasing if have free money or holding your assets waiting return back to the higher price.

Some my altcoin assets got decreasing around 10% to 20% after last week investing and I think have been in dip price but can't believing has another dip price, wish this bad moment of market correction will recovery as soon possibility in short term.

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

Even today, the market crashed again deeper than a few days ago. The decline in Bitcoin prices was quite significant, yes, even more than -6% in the last 7 days. and this Bitcoin crash caused altcoins to also trail quite significantly.

https://coinmarketcap.com/

The altcoins graph also dived sharply downwards, as happened with Ethereum, BNB, XRP, SOL, and many other altcoins which even experienced a decline of more than -11%.

Maybe this is just a market correction due to failure to reach the next resistance, but this certainly makes many parties quite panicked, especially beginners in this field. It's just that on the other hand, this is a blessing for holders who always want to buy cryptos at lower prices because this is a very good opportunity to increase their accumulated assets. So, whose side are we on? Whatever it is, never panic when market conditions are as bad as they are. Stay calm and wise to decide anything.

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Quote from: mirakal on June 14, 2024, 08:18:31 AM

Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

We only get calm if we know that we are invested in the right and high-potential coin/s. I believe there is a reason for the dump but don't get bothered too much, it recovers back just like before. I was confident enough that we were not yet in the bear season but still on a bullish market and what we have experienced was a normal dumping situation.

They lose their money if they sell but if they just hold and wait for the recovery, they'll be earning more. So, therefore, choose those coins that you think will recover, not those coins that will die, or just choose only bitcoin for assurance, not altcoins. Most especially if they are buying meme coins, this will give them losses if the market continues to dump as I am afraid it will never rise again. If we trust bitcoin then I believe we have a reason also to stay calm and optimistic.

I do believe that if people would know how to do better than it would not be all that bad, but too many people end up getting scared and make mistakes. We should realize that things aren't as simple as it looks, and when you realize that things won't get too difficult to handle.

This of course isn't something we can handle very easily, it takes time and we should probably avoid trying to make quick moves. I get that trading is something you do very quickly and most say that you should act right away, but first you need to know exactly what you are doing and why you are doing it. Many people make moves without really grasping what they are doing and more importantly they have no idea why they are doing it, they just act out of emotional reaction.

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

I believe this is your first time of experiencing market volatility, it happens often, but that doesn't call for panic, investors are not going to lose their capital, as a matter of fact, it's one of the suitable times to increase your accumulation if you have the resource because of maybe the price reduction whenever the market is bearish.

There are various reasons that can pull down the market value of a particular coin, it could be news, it could as well be the market forces displaying its forces against itself, but that's shouldn't call for panic or for you to sell your tokens out of panic because that's like a storm in a teacup.

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Quote from: Roggeredek on June 14, 2024, 08:44:07 AM

The prices fall in the crypto market this is what happens in the crypto market good investors who understand the crypto market well and have a lot of experience. They know that crypto market prices tend to rise as they fall. For that there is no sign of panic among them and wait till the crypto market goes up. There will be no harm if you know the right strategies of the market.

The discussion here is more directed towards trading that is continuously carried out by traders in the crypto market so it will not be specific enough if you say about things that are directed towards investments that are often carried out by investors. The fall in prices that occurred in the last few days is still being exploited by traders, although investors are also taking advantage of this quite a bit. However, in general, traders are more likely to use it for profit in the near future because recently price falls in crypto assets tend to be short and not very long.

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The prices fall in the crypto market this is what happens in the crypto market good investors who understand the crypto market well and have a lot of experience. They know that crypto market prices tend to rise as they fall. For that there is no sign of panic among them and wait till the crypto market goes up. There will be no harm if you know the right strategies of the market.

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

We only get calm if we know that we are invested in the right and high-potential coin/s. I believe there is a reason for the dump but don't get bothered too much, it recovers back just like before. I was confident enough that we were not yet in the bear season but still on a bullish market and what we have experienced was a normal dumping situation.

They lose their money if they sell but if they just hold and wait for the recovery, they'll be earning more. So, therefore, choose those coins that you think will recover, not those coins that will die, or just choose only bitcoin for assurance, not altcoins. Most especially if they are buying meme coins, this will give them losses if the market continues to dump as I am afraid it will never rise again. If we trust bitcoin then I believe we have a reason also to stay calm and optimistic.

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Everyone invested in the market will lose money, if that's the case. It's this time that you can and see that you will be able to buy more of something that you would've wanted. It's important that you have to be able to understand that there's no investment that is always going up. I think you can really manage to see the whole market if you look at it farther. It's better to believe that it will comeback. That's what markets do.

As long as you stick to the top tier coins, it will be okay.

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Quote from: Russlenat on June 12, 2024, 09:32:12 AM

You are investing in a volatile and unpredictable market, so always assume that there won’t be uniform movement of coins or a consistent upward or downward trend. Instead, know that what is currently happening is part of the market, and as long as it’s temporary, one should stay calm and avoid worrying.

If you see bitcoin crashing today, don’t worry tomorrow will never be the same. As long as you are patient with your investment, you’ll never end up panic selling and lose all your funds. That’s the edge of those who are actually confident about the volatility of bitcoin and its market itself.

If someone is ready to invest in Bitcoin as well as other coins of crypto market then surely he will have searched about the market condition that it is always changing and because of these changes one can take profit as if there was uniformity then no one will be in a position of making money through it as the value of cash remain same.

Everyday is not the same in the crypto market so sometimes we will see dump and another day there will be some good news for us so take profit when the market is pumping and be patient when you see that selling can decrease the value of your money. Only learning can make you able to go through the volatile nature and escape the loss so try to focus more on learning and hide your emotions.

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This is normal in the crypto market, this decline can be caused by several factors and if someone is experienced in investing in the crypto market, then they will not panic about this. Moreover, you cannot expect in future that the crypto market will continue to rise significantly and people will profit from it - things like this should also be considered, so that investors can pay attention to their strategy and financial management.

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

You are not just here yesterday for not being aware of how volatile is the market. It drops because more people are selling than the volume of buying individuals. But don't get too emotional and think negatively because it still recovers. And if you are just buying potential coins, you no longer think of a huge crash as it eventually rises back after a few days/weeks. If you never sell, you never lose.

Just think that this is another great opportunity to buy more.

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Quote from: Awaklara on June 13, 2024, 10:13:02 AM

Quote from: Asyifiah on June 12, 2024, 11:30:09 PM

There must be a certain reason that every time the market price goes down, it is a natural thing to happen in the crypto market, namely a crash or dump to correct altcoins where there is a price movement, generally the whole coin is the same as last year. We don't need to panic about the price of all coins going down. If investors hold on to the coins they hold, they won't lose their money as long as they don't be afraid of the attitude they have taken previously.

it is also related to the increase that occurs in Bitcoin before the decline occurs. it increased several stages in a short time. the market then corrected and that is a normal thing to happen. I don't think there is any serious reporting in the media regarding certain events. because indeed we can see that the decline usually occurs accompanied by certain events. Sometimes people even share large transactions with the exchange, and that creates panic for some people.

News can also influence market movements, with big news it will influence the psychology of buyers or sellers to take action at the same time so that this makes price movements even wilder. on the other hand, if whales come or leave to move the market, this often happens when bitcoin is not as trusted as it is now, they also aim to move the market by influencing the psychology of traders, until finally they fulfill their goals and act

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?

When you experience bull run in the market you should get prepared for the bear market because it’s inevitable in the crypto space. The volatility nature of cryptocurrency makes it to test the two periods in the market, the bear and bull market. If you’ve invested in bitcoin, your investment is much safer because when the bear comes, you should also be expecting the bull. They switch between the two, so you should position yourself well when to invest and when to take profit in your investment.

Quote

If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

This must be altcoins and those are big gambles you’ve played mate. When you invest in a gambled asset, you should expect anything to be the outcome of it, even what you least expect to happen. They happen so fast in a very short period of time that if they don’t go your way, your value of those coins can easily become worthless and may remain their forever if care is not taken.

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You don't look like you are new here, so it's strange on why you are still wondering about these things? But to answer your question, I think this was only a correction because I don't see any valid major reasons for this dump so far. Those who will lose their capital because of this are the investors who are not briefed well on what to do during these situations.

But, it was only easy and a simple common sense is only needed. What tokens you are holding anyway? If it's not the established one, you could have sold them earlier because there is a good chance that they will only continue like this and will not recover anymore. This is the bad thing about them. They are not really built well for the long-term.

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Quote from: Asyifiah on June 12, 2024, 11:30:09 PM

There must be a certain reason that every time the market price goes down, it is a natural thing to happen in the crypto market, namely a crash or dump to correct altcoins where there is a price movement, generally the whole coin is the same as last year. We don't need to panic about the price of all coins going down. If investors hold on to the coins they hold, they won't lose their money as long as they don't be afraid of the attitude they have taken previously.

it is also related to the increase that occurs in Bitcoin before the decline occurs. it increased several stages in a short time. the market then corrected and that is a normal thing to happen. I don't think there is any serious reporting in the media regarding certain events. because indeed we can see that the decline usually occurs accompanied by certain events. Sometimes people even share large transactions with the exchange, and that creates panic for some people.

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If you are trying to figure it out the market or the Bitcoin already formed a bullish flag pattern which makes a possible pump and next we are having a sideways price movement now it's up to you if you want to make a sideways with this volatility people doing a DCA and trying to accumulate as possible they can so they can wait now for the Bitcoin to soar high.
Try to build up your strategy or plan this after halving so you don't feel lost what you will need to do this market situation.

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Quote from: livingfree on June 12, 2024, 03:33:32 PM

Let's just hope that many of them are going to turn to Bitcoin. The profits that they have made should have been converted into it so that they'll be able to make some good move once Bitcoin moves a lot.

It actually did moved a lot already for this year and we're just waiting for some more. But don't be too greedy for that time because you still need to timing not for BTC but for yourself and decision.

Because it is necessary to switch from altcoins to Bitcoin if you want something certain, especially since post-halving market conditions can still be concluded as a bullish opportunity.

Those who have jumped the fence are the ones who are aware of the advantages of Bitcoin and they will be the ones who will receive real profits.
In recent days, those who dare to make decisions on Bitcoin due to price changes in a short time have made huge profits. If they had dared to buy 1 BTC a few days ago, now they would have made a profit of around $30,000. You can imagine if Bitcoin breaks to $100,000.

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Quote from: wtsimis on June 12, 2024, 11:09:12 AM

I think I entered the market at the wrong time. There are reasons to think and reasons to enter the market. In fact I thought the market made a strong candle that might push the market higher and I could make some profit in the short term. But my hunch was wrong and the market went from a strong candle to a sudden downtrend and continued down. Which has now greatly reduced my wealth. My biggest mistake was not using the DCA method. Actually I expected some small profit in short time. But the market stuck me. Anyway, now we have to wait for the next bull run.

Yes, that's your mistake in choosing an investment method. In my opinion, choose a field that you are really good at. If you haven't mastered it yet, it's a good idea to learn it first before jumping into the market. If I see this, you are playing trading, right? It is indeed difficult to do this job to earn income in a short time, at least before trying it, you must first study the indicators as your basic knowledge before entering the market. If you've tried and always fail, it's best to just choose a method that I think is safe (spot) and continue doing dca every month. Remember to invest to get optimal results you need quite a long time in this case

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There must be a certain reason that every time the market price goes down, it is a natural thing to happen in the crypto market, namely a crash or dump to correct altcoins where there is a price movement, generally the whole coin is the same as last year. We don't need to panic about the price of all coins going down. If investors hold on to the coins they hold, they won't lose their money as long as they don't be afraid of the attitude they have taken previously.

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

Hey it happens and it’s nothing of surprise to anyone that have been here for a while. Maybe you don’t know that’s how it works and it has been so for a very long time. You only focused on it recently and that’s what have made you realized how the market works. If the investors trust the investment they must have done, if it is for the long term, no need to panic for them. When you invest in a coin that is worth the investment, you just watch it play out while you’ve undertaken the proper risk management process involved in investing in a project. As a trader, your risk to reward ratio should be something that is feasible and not what if the market go against will make you lose more. That’s where the importance of risk management comes which you should always abide by for any trade you want to take.

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

We didn't have to be too worried about the current market because I have experienced that whenever there is a bull run, there is a similar correction. The market has a special pattern, it acts the same way every time, but the time is different, the rest of the movement is the same, so no one can speculate in such a good way. So, in my opinion, we should not take the movements so seriously, it happens in the bull run. To manipulate the whale market, the market is moved up the pole to liquidate the pole down ie long/short.

The rest was a small correction, now the market has recovered. Actually, the point is that in a bull run, the price needs a healthy correction to make the next strong movement so that it can surge further. So, this is the summary that a correction is part of the market. It definitely happens. In a bull run, he should not be afraid. While considering it as an opportunity, he should do more buying in the next rally.

DYOR!

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

You probably bought during the peak without realizing that the market is very unstable on top. Since the price didn’t break the wall and not able to sustain its momentum, the normal scenario will be this, its a price drop and if there’s no big support it can continue dropping. We have to be more careful in buying crypto, and we should know how to timing it or else your investment will be like this and you might be trap on top as well, also always have your target price and cut loss price level.

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

So that was your bad decision if you are 4:1 on the current market, Even though if the market starts bleeding again, you need to learn more about risk management because here in cutting loss the only weapon you have against the market is your efficient risk management skills. At the same time such temporary market fluctuations do not need to be discussed, be a strong hand focus on the accumulation and risk management.

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Quote from: yudi09 on June 12, 2024, 11:21:08 AM

Quote from: livingfree on June 12, 2024, 08:59:13 AM

Quote from: yudi09 on June 12, 2024, 08:37:49 AM

Whatever the reason behind the decline in market prices, it is something normal to happen. Up then down.

Yes, and we're up by now.

Correct. The graph is straight up in a moment where almost a 6% increase occurs.

Yeah, and that has been back before that up came. A normal volatility scenario for BTC.

Quote from: yudi09 on June 12, 2024, 11:21:08 AM

Quote from: livingfree on June 12, 2024, 08:59:13 AM

You're right that Bitcoin investors won't really be worried at all as most of us are long term holders. Whilst for most of the altcoin holders that don't have Bitcoin, they're the ones that are mostly worried.

Because real Bitcoin matters will result in certainty from the tokens held.

To get rid of worry about the altcoin you hold, turn around and prepare to become a Bitcoin investor. Altcoin holders will not have the convenience of Bitcoin investors. If you are just starting to dive into the crypto market, we can still understand if your choice is tokens, but if you persist in this choice for too long it is bad.

Let's just hope that many of them are going to turn to Bitcoin. The profits that they have made should have been converted into it so that they'll be able to make some good move once Bitcoin moves a lot.

It actually did moved a lot already for this year and we're just waiting for some more. But don't be too greedy for that time because you still need to timing not for BTC but for yourself and decision.

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Quote from: tygeade on June 12, 2024, 12:28:24 PM

Quote from: AnonBitCoiner on June 12, 2024, 06:48:34 AM

There is no need to be worried about such market dump because it is a normal part of the crypto market like sometimes you will see pump while another time you will see dump but it is better for you to wait some months more to take reward from your already holding altcoins if you are not able to buy more at current dump.

Altcoins are profitable but some are also carrying risk therefore if you have to choose top coins then it should not be fearful situations for you that market is not performing well but in case of new and random coins everyone feels that they will lose money if market does not recover so keep calm and decide to take profit according to your hold coin.

That is such a known thing and yet there are still so many people who keep being afraid. I mean ups and downs are very regular part of life in the crypto world, we have seen so many of them happen, we just need to realize that it is going to be something that happens at all times.

Volatility is something bitcoin is literally known for, everyone keeps saying bitcoin is so volatile, if it is so volatile then it means it goes down and it goes up. In that case, why worry about it when it goes down? I mean if it's volatile, that means when it goes down then it will go up, so that means if you buy when it goes down, you are going to see it go up and sell at higher price and make a profit, I feel like that would be a good idea for sure.

If you are just new into this market then you would really be definitely be having this kind of reaction on which you would really be thinking that it is over or something that you would be having those thoughts that it would become zero on which this is something that you will be having in mind on which it is really that very common on newbies, but for those people who do have that sufficient experience wouldnt really be that minding that much about these movements as these are movement which are really just that typical or normal within into this market on which it would really be just that a common approach that you will really be needing to ride up with the waves and would really be making most out of it. There are really those individuals who do have that different expressions basing up into their own experience.

Expect the unexpected because this market isnt something that could be known in terms of its movements. You would really be finding yourself on such tough condition if you would
be making yourself that too impulsive whenever you do see that price declines.

tygeade

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Quote from: AnonBitCoiner on June 12, 2024, 06:48:34 AM

There is no need to be worried about such market dump because it is a normal part of the crypto market like sometimes you will see pump while another time you will see dump but it is better for you to wait some months more to take reward from your already holding altcoins if you are not able to buy more at current dump.

Altcoins are profitable but some are also carrying risk therefore if you have to choose top coins then it should not be fearful situations for you that market is not performing well but in case of new and random coins everyone feels that they will lose money if market does not recover so keep calm and decide to take profit according to your hold coin.

That is such a known thing and yet there are still so many people who keep being afraid. I mean ups and downs are very regular part of life in the crypto world, we have seen so many of them happen, we just need to realize that it is going to be something that happens at all times.

Volatility is something bitcoin is literally known for, everyone keeps saying bitcoin is so volatile, if it is so volatile then it means it goes down and it goes up. In that case, why worry about it when it goes down? I mean if it's volatile, that means when it goes down then it will go up, so that means if you buy when it goes down, you are going to see it go up and sell at higher price and make a profit, I feel like that would be a good idea for sure.

yudi09

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Quote from: livingfree on June 12, 2024, 08:59:13 AM

Quote from: yudi09 on June 12, 2024, 08:37:49 AM

Whatever the reason behind the decline in market prices, it is something normal to happen. Up then down.

Yes, and we're up by now.

Correct. The graph is straight up in a moment where almost a 6% increase occurs.

Quote from: livingfree on June 12, 2024, 08:59:13 AM

Quote from: yudi09 on June 12, 2024, 08:37:49 AM

The long term doesn't matter for Bitcoin investors. As for altcoin investors, it's beyond my power to say what they should do.

You're right that Bitcoin investors won't really be worried at all as most of us are long term holders. Whilst for most of the altcoin holders that don't have Bitcoin, they're the ones that are mostly worried.

Because real Bitcoin matters will result in certainty from the tokens held.

To get rid of worry about the altcoin you hold, turn around and prepare to become a Bitcoin investor. Altcoin holders will not have the convenience of Bitcoin investors. If you are just starting to dive into the crypto market, we can still understand if your choice is tokens, but if you persist in this choice for too long it is bad.

wtsimis

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Quote from: Charles-Tim on June 11, 2024, 12:50:13 PM

Market bear time is normal. You can not expect the market to always be of bull run.

Quote from: wtsimis on June 11, 2024, 12:25:43 PM

Now some tokens are worth 4:1 since my investment time.

You have seen altcoins increased more than 5 times. Some altcoins increased even up to 25 times already. You should expect heavy dump if the market is bearish. There is a reason experienced people also say altcoins are gambling. It is because your $100 can easily become $10 or less within weeks as they can also increase 10 times within weeks.

I think I entered the market at the wrong time. There are reasons to think and reasons to enter the market. In fact I thought the market made a strong candle that might push the market higher and I could make some profit in the short term. But my hunch was wrong and the market went from a strong candle to a sudden downtrend and continued down. Which has now greatly reduced my wealth. My biggest mistake was not using the DCA method. Actually I expected some small profit in short time. But the market stuck me. Anyway, now we have to wait for the next bull run.

Assface16678

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Well, I guess you are new in this kind of market or new in investing in the crypto market. That kind of downward direction or constant decrease in price is pretty normal in a volatile market; it's part in price is pretty normal in a volatile market; it's part of the market and very common, and it can take many more days if possible. That decrease in price could become a good opportunity to buy more assets because if a certain coin or bitcoin, for example, is dropping for a few days, we could buy more bitcoin, and apparently it will go up for some time, and there you've gained some profit. I don't know which market you're talking about or what specific coin it is, but believe me, no matter what happens, if there's a big movement, many investors will raise concerns, and of course there will be analysis or opinions scattered from investors and people who do technical analysis.

Russlenat

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Quote from: AnonBitCoiner on June 12, 2024, 06:48:34 AM

There is no need to be worried about such market dump because it is a normal part of the crypto market like sometimes you will see pump while another time you will see dump but it is better for you to wait some months more to take reward from your already holding altcoins if you are not able to buy more at current dump.

Altcoins are profitable but some are also carrying risk therefore if you have to choose top coins then it should not be fearful situations for you that market is not performing well but in case of new and random coins everyone feels that they will lose money if market does not recover so keep calm and decide to take profit according to your hold coin.

You are investing in a volatile and unpredictable market, so always assume that there won’t be uniform movement of coins or a consistent upward or downward trend. Instead, know that what is currently happening is part of the market, and as long as it’s temporary, one should stay calm and avoid worrying.

If you see bitcoin crashing today, don’t worry tomorrow will never be the same. As long as you are patient with your investment, you’ll never end up panic selling and lose all your funds. That’s the edge of those who are actually confident about the volatility of bitcoin and its market itself.

livingfree

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Quote from: yudi09 on June 12, 2024, 08:37:49 AM

Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?

Whatever the reason behind the decline in market prices, it is something normal to happen. Up then down.

Yes, and we're up by now.

Quote from: yudi09 on June 12, 2024, 08:37:49 AM

Quote from: wtsimis on June 11, 2024, 12:25:43 PM

If this down continues, investors are likely to lose their capital.

The long term doesn't matter for Bitcoin investors. As for altcoin investors, it's beyond my power to say what they should do.

You're right that Bitcoin investors won't really be worried at all as most of us are long term holders. Whilst for most of the altcoin holders that don't have Bitcoin, they're the ones that are mostly worried.

IMHO, this has something to do with US inflation rate that has been released by FED.

yudi09

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?

Whatever the reason behind the decline in market prices, it is something normal to happen. Up then down.

Quote from: wtsimis on June 11, 2024, 12:25:43 PM

If this down continues, investors are likely to lose their capital.

The long term doesn't matter for Bitcoin investors. As for altcoin investors, it's beyond my power to say what they should do.

Quote from: wtsimis on June 11, 2024, 12:25:43 PM

Now some tokens are worth 4:1 since my investment time.

Pray for a quick Bitcoin bull market because if Bitcoin experiences a massive rally, altcoins will rise as well. But I'm not an expert to say which token is good for investment.

AnonBitCoiner

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There is no need to be worried about such market dump because it is a normal part of the crypto market like sometimes you will see pump while another time you will see dump but it is better for you to wait some months more to take reward from your already holding altcoins if you are not able to buy more at current dump.

Altcoins are profitable but some are also carrying risk therefore if you have to choose top coins then it should not be fearful situations for you that market is not performing well but in case of new and random coins everyone feels that they will lose money if market does not recover so keep calm and decide to take profit according to your hold coin.

dzungmobile

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Quote from: hugeblack on June 12, 2024, 06:41:32 AM

What do you mean it goes down? The price is now near ATH and the recent movements are within the range of $65,000 to $71,000.

I agree with you and it is backed by price data.

Bitcoin profitable days with 5048 days totally and 4996 days amongst them are profitable according to LookintoBitcoin.com information. To summarize, 90% days are profitable and only 52 days are unprofitable.

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What do you mean it goes down? The price is now near ATH and the recent movements are within the range of $65,000 to $71,000.

dzungmobile

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?

Reason is simple. This market is led by Bitcoin and the leading cryptocurrency has many months of bull run according to [1]. It needs correction that causes alternative cryptocurrency to correct as well.

After 7 months of bull run, Bitcoin is corrected in April with -14.7%, May is green with +11% and this month, June even with the down you are mentioning, it is still up 0.6%. Things are not too bad like nightmare or similar, stay positive as the Bitcoin market won't disappear next month. With lot of time ahead, you will have more opportunities to see the Bull.

[1] https://cryptorank.io/price/bitcoin

Quote

If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

True investors won't shake their hands because of market corrections.

Gamblers with leverages will be forced liquidated by exchanges but it is because they have bad risk and capital management, not because of the market.

Learn about the market, build up your investment strategy.
Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you
We are still early in this bull run. Retails have yet come back massively!
Focus on knowledge, build up belief, then investment plan, success will come.

EarnOnVictor

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

The Bitcoin market did not surprise me at all, as a trader of many years, I know there will never be an entire dominance of the bears or bulls in the market regardless of what the prevailing trend states. So a fake pattern, sideways, range, retracement/correction and indecisiveness will always be seen in the market, it now depends on how smart and prepared you are to recognise them and act accordingly.

The fall in Bitcoin since late last week, especially the one that happened yesterday was not without warning, you may check your trading chart for that, and if at all, price action was able to detect it on the 4H, 1D correctly. What else does any trader want? This is why I often advice us here to be the friend of our charts, and the more we learn how to use it, the more it will guide us correctly.

As we advance, today will determine a lot more, if today's candlesticks could close positively, then there is hope, this is especially true as Bitcoin has not breached the daily chart Fibo level of 23.6% at $65,450. A breach below the level will cause more harm to Bitcoin and might drag it towards $60,000 or below once again.

X-ray

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its probably correction or it could be many things,you see just compare current bitcoin price or market capital of entire cryptocurrencies to previous month you will know that we are still up few percent. really there's no need to look too much into some market correction or sudden dump sometime it could happen without anything triggering it but I suppose current price dump was because ETF outflow which break the inflow streaks that probably caused people to be afraid but nothing of significance if you look from long term view.

Quote from: https://finance.yahoo.com/news/us-spot-bitcoin-etfs-ended-055841668.html

US Spot Bitcoin ETFs Ended Record 19-Day Inflow Streak Following $65M Outflow

its normal because a week ago price literally pumping and the market is all green, nothing lasts forever right so this is one of the correction needed to be healthy.

just remember that the current correction is a good opportunities for people investing in crypto, the price already discounted 20%, if market recover you already in profit and if it reaches ATH you get really good profit.

michellee

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We don't know what is the real reason the market going down happens for the last few days. But that will be a good time to buy more Bitcoin at a low price. The down of the market is happens many times without we know the reason but one thing that we can do is we have more chance to buy more at a low price.

You are not alone to see your investment value is down because other people will have the same experience. This time we must holds our investment but we can accumulate more if we still have money to buy the coin. You don't have to panic because you can't thinks clear how you can use this moment for your benefit.

The investor will knows what they must do when the market is down. They will still holds their coins because they knows this situation is temporary. They will see the market will be better and will increase in the right time.

GreatArkansas

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

I don't think this is worth to panic. Because for the last few weeks, we just came and went above $70,000, now it's already $67,000 and for me, there is nothing to worry about at all because I am still bullish as we are still able to hold above $60,000.
I really suggest to zoom out and see how we are holding.

Strongkored

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

This is only a temporary correction before reaching another high. And every increase or decrease must also have a reason, including the reason for the correction.
That is the risk if you prefer to hold tokens, the risk of decline is much greater than Bitcoin's decline and what is worse is if it is a token whose development is not clear then it will be difficult for it to rise even if later the price of Bitcoin or the market will increase again, and loss of capital for traders or investors in crypto is something that can always be obtained because market conditions are uncertain, and sometimes stop losses are needed so that the losses do not get bigger

oktana

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Everything always has a reason. There’s no way it’s going down without a reason. But it doesn’t matter the reason because you should first know that crypto is volatile and you should be prepared for that before you invest any money into it. Also, money that you can afford to let go is what you’re meant to invest. I’ll also add that most times crypto requires just patience in the exact position you are (no need to run around).

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

... Does the cryptomarket go down for no reason ?

Are you for real? Downtrend is not based on nothing, its based on traders' activity, either there's a bad news or only good news, price always based on traders activity. Well, alts and tokens usually go by the trend where bitcoin is, not coincidence tho but it's always it is, bitcoin always drags these coins up and down.

batang_bitcoin

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ?

It's not new, there were just a lot of longs that have been liquidated. Whatever the reason is, you just go to the term of it as being volatile market.

Quote from: wtsimis on June 11, 2024, 12:25:43 PM

Does the cryptomarket go down for no reason ?

It's all due to many that have dumped.

Quote from: wtsimis on June 11, 2024, 12:25:43 PM

If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

If you're going to sell at losses, you'd definitely going to lose your capital. HODL if you're holding precious Bitcoin and some quite good altcoins.

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Quote from: kentrolla on June 11, 2024, 01:14:20 PM

I would suggest you not to panic as this is pretty usual for crypto market and we have seen this time and again. It will buckle up and this would be the phase where one can make quick investment to get quick profit. As far as your concern of tokens being revised to 1/4th of its value that's sad but I guess those are new tokens or meme coins or other Altcoins not in top ten as this tends to happens but market will recover hence take a chill pill.

That's not surprising for most tokens, as they can easily lose value especially if there's no solid foundation for such project. This is why it is hard to invest on tokens and other alts. The chance of holding worthless tokens is always there. But if you will stick to btc, the price may have a roller coaster ride but it won't disappear in the market without a warning. Hence, most of these long time holders are discarding their tokens and other alts and just dedicate their resources to btc. They found out real quick that you can't trust most alts for long-term purposes. But if you can trade these alts fast, you may likely get good profits but don't get too sentimental holding them, because high likely, you will be screwed big time.

irhact

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

The market has many reasons for it to start dumping, sometimes this dumping happens because a resistance level wasn't able to be broken as Bitcoin tries to go up. What is happening to the market is normal and doesn't call for alarm. The market doesn't move in only up direction as the market has been doing before the dump started happening. This is just the market taking a break as soon the market will resume its movement up and we might break a new all time high in this month.

Majority of the tokens follows after Bitcoin therefore anything that is happening to Bitcoin will also happen to them. And if Bitcoin price falls, tokens prices will fall more as they don't have strong hand investors but only those individual that are trading the tokens because they want to make money. Bitcoin is going to recover therefore you don't have to panic about the price dumping, this is very normal after the market has been rising for sometime.

milewilda

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

If you are just new into this market, then the thing i would really be saying is that you should really be getting used to it. Why? Market is always been that unpredictable and there's no way that you could really be able to tell on where it would be going. One of the main reasons on why crypto market is really that unpredictable and there's no way that we could really be able to tell on where it would be going. It could move without
any reason or news behind nd this is why to those people who are really that making use of fundamental analysis couldnt really be anytime to be able to rely on what they couldnt be able to see within the market.
This is why they would really be that applying technical analysis on which it wouldnt be also giving out that 100% accuracy when it comes on predicting prices.

This is why it would really be ideal that you should be having that plan B's or C's whenever the market would really be crashing up on the analysis that you had set on.
You should expect the unexpected and dont makeyourselfs that getting shocked because this is hohw this market behaves or works.

Arenga pinnata

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Quote from: wtsimis on June 11, 2024, 12:25:43 PM

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

Actually, I also wondered about this. But my question is more on the fundamental side or based on what news or events caused the market to decline. Technically, maybe this is a fairly normal decline. but usually there is a reason behind the decline. Is there an economic event or something like that?

but what is clear is that in a situation like this we should not panic. but we have to stay calm. Because the market will not always go up but will also go down. And conversely, the market will not always go down because afterwards it will definitely go up again.

electronicash

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i have the feeling this is one last dip to make it to $80k and then another constant dip again back to 70k while the altcoins are still going to keep the slow movement of prices. it's not a sustainable market for altcoins investors, i sold some to buy BTC already. i think this is where the market will be for the rest of the year.

some say grayscale dumping and some say FOMC report coming and they expect something and then some say War coming since Putin is coming. i guess everyone is selling when war comes.

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I would suggest you not to panic as this is pretty usual for crypto market and we have seen this time and again. It will buckle up and this would be the phase where one can make quick investment to get quick profit. As far as your concern of tokens being revised to 1/4th of its value that's sad but I guess those are new tokens or meme coins or other Altcoins not in top ten as this tends to happens but market will recover hence take a chill pill.

Charles-Tim

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Market bear time is normal. You can not expect the market to always be of bull run.

Quote from: wtsimis on June 11, 2024, 12:25:43 PM

Now some tokens are worth 4:1 since my investment time.

You have seen altcoins increased more than 5 times. Some altcoins increased even up to 25 times already. You should expect heavy dump if the market is bearish. There is a reason experienced people also say altcoins are gambling. It is because your $100 can easily become $10 or less within weeks as they can also increase 10 times within weeks.

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That's a normal crash because it fails to break the trend of a symmetrical flag the price touches above the flag but it fails that is why it crashes but it doesn't mean it would crash more it might be just a retracement and it might retest the $71k again or it might continue to drop but still inside the symmetrical flag.

If you are investing in altcoins or tokens then they would also drop because it's dominated by BTC. That's pretty normal if you do believe in that project why would you sell instead of buy when you see red keep buying or do DCA then hold and sell it at the right time don't sell it if you don't make any profit.

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The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

Topic: What happened to the crypto market? (Read 489 times)