What is the balance problem of cryptocurrencies? - page 6.

Dump3er

hero member

Activity: 1526

Merit: 597

Quote from: Ararbermas on December 10, 2021, 11:34:01 AM

Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period? Are cryptos losing interest, as some commentators have said?

Or are these declines an intervention by whales for market picking?

that's how it works mate.. Buy low and sell high so it's not surprising after the all time high market will go dip again.. Well yes whales are the common reason why suddenly there's a big changes since they all have big contribution.. But don't panic and be patient because it's just a temporary situation wherein once investors sees that the price stay in the support level its a sign to buy again and that's the reason as well why market suddenly jump to the highest level..so don't worry about it just keep hodling..

If you think about it, even exchanges have an incentive to see some panic in the market as that drives up the trading volume by a lot. They are definitely also whales so I think that sometimes they might even be also responsible for crashes by selling large amounts on their own platforms. For smaller traders patience is the key here.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period? Are cryptos losing interest, as some commentators have said?

Or are these declines an intervention by whales for market picking?

that's how it works mate.. Buy low and sell high so it's not surprising after the all time high market will go dip again.. Well yes whales are the common reason why suddenly there's a big changes since they all have big contribution.. But don't panic and be patient because it's just a temporary situation wherein once investors sees that the price stay in the support level its a sign to buy again and that's the reason as well why market suddenly jump to the highest level..so don't worry about it just keep hodling..

takngantuk

full member

Activity: 1024

Merit: 100

Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period?

bulls are already high enough. and the market is in an overbought situation. This is what made the situation what it is today. We all know, trends don't just go one way. and it's time for a change.

Quote from: soureden on December 09, 2021, 04:11:31 PM

Are cryptos losing interest, as some commentators have said?

no, because the interest in crypto is growing every day. we can see it because adoption is going in a positive direction. that means interest in crypto and bitcoin is not fading.

Quote from: soureden on December 09, 2021, 04:11:31 PM

Or are these declines an intervention by whales for market picking?

maybe, but I look more at the moment when people take profit. when the bullrun is too high it will always be there when the correction arrives. and that usually happens because many people are taking profit, they are securing profits. so no need to worry, even if the market crashes. in the future there will always be a new bullrun.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period?

It seems like that you're a new user in the crypto. This was just a common thing when crypto has been entering the bearish market as the reversal trend from the bullish trend. This period was happening due to the global pandemic and some bad news that came from the various parties. I think that you should try to read some news in the crypto news site. That will give you a small insight about what happened withc rypto.

Quote from: soureden on December 09, 2021, 04:11:31 PM

Are cryptos losing interest, as some commentators have said?

Crypto are not loosing interest but so many people are waiting for the situation of global economic. Don't you read the latest news about this started from omicron, and then evergrande?

Quote from: soureden on December 09, 2021, 04:11:31 PM

Or are these declines an intervention by whales for market picking?

The whales are also taking a part in this dump but i should remind you that various things that effecting crypto. The market trend is also following various fundamental aspects that came to the market itself. Crypto was also very volatile

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period?

It's always fluctuating and there's no reason that it will be stopping. This period or not, the crypto market will continue to fluctuate whatever are the circumstances.

Quote from: soureden on December 09, 2021, 04:11:31 PM

Are cryptos losing interest, as some commentators have said?

Let them say what they want to say, everyone has their own opinion.

Quote from: soureden on December 09, 2021, 04:11:31 PM

Or are these declines an intervention by whales for market picking?

Even during the bear market, the whales have been always there.

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period? Are cryptos losing interest, as some commentators have said?

Or are these declines an intervention by whales for market picking?

Reasons?

1. Supply and Demand
2. Fud and Fomo
3. Whales
4. Trader sell offs and buy ons
5. Fundamentals.

If you are just new into this market then better get used to it because this is something not new on this place.
Deal with volatility but if your scared then this place isnt for you.

Wysi

sr. member

Activity: 1638

Merit: 261

There are multiple factors which defines the crypto price and it will always fluctuate unless it's a stable coin, but yes it's strange that some major crypto coins are fluctuating now without any negative news and I think it's purely because of whales manipulating the market in their favour. We are used to it and shouldn't panic sell due to dump or shouldn't buy more than we can afford to lose in FOMO, regardless of market situation we need to have a solid plan to deal with both extremes.

soureden

member

Activity: 196

Merit: 34

What is the reason for the fluctuation in cryptocurrencies in this period? Are cryptos losing interest, as some commentators have said?

Or are these declines an intervention by whales for market picking?

Topic: What is the balance problem of cryptocurrencies? - page 6. (Read 795 times)