What the hell happened today in cryptocurrency? - page 2.

Sri Asih

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Quote from: Gonzo1977 on May 11, 2018, 05:15:15 AM

What the hell happened today in cryptocurrency, why is everything going down the drain? Shocked

It seems that this will not be in vain, except for those who are desperate and come out with regret. But the market fluctuates as it should, and for those who can keep the patience a little longer, I think by the end of the year, they'll get the prize.

eriwis

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Quote from: Gonzo1977 on May 11, 2018, 05:15:15 AM

What the hell happened today in cryptocurrency, why is everything going down the drain? Shocked

Of course this situation will be frustrating for those who buy at the peak of the price. But of course this kind of correction will continue to occur, and this is a normal situation, if we calculate from what got crypto a year back. And if you are willing to look at it from another angle, then this could be a great opportunity to buy altcoin at a very cheap price.

aardvark15

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Quote from: sinachy on June 16, 2018, 03:44:44 PM

what happen is that market is down because weak hands keep selling off when ever there is a small drop in price, and when much people are selling off, the price will keep going down.

Yes the weaker investors are getting shaken out of the market. This could be a good thing because it could be making the market healthier by pruning out the weak ones.

At some point the market will stabilize and we will see steady growth but only after there is more confidence from investors and more mainstream adoption.

ngonco.giolua22

newbie

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Yes, the reality of the market is really bad, but ups and downs in crypto world is just normal and everyone is hoping for it's fast recovery. we really need to pray not just watching on the market price.

sinachy

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what happen is that market is down because weak hands keep selling off when ever there is a small drop in price, and when much people are selling off, the price will keep going down.

Alexandr Kirichenko

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Quote from: Genemind on June 10, 2018, 02:43:12 PM

Quote from: Gonzo1977 on May 11, 2018, 05:15:15 AM

What the hell happened today in cryptocurrency, why is everything going down the drain? Shocked

This is not new in cryptocurrency. There's nothing we can do, just take this a chance to buy more since the prices became cheaper. There's no point on panicking, since panicking might sometime lead you to a wrong decision, it is better just to stay calm and do not be stressed to much.

This is true. Many are just afraid to lose their money and panic, as they invest something that in fact they do not have. Take loans, sell cars, houses and invest in cryptocurrency. Then worry strongly.

Genemind

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Quote from: Gonzo1977 on May 11, 2018, 05:15:15 AM

What the hell happened today in cryptocurrency, why is everything going down the drain? Shocked

This is not new in cryptocurrency. There's nothing we can do, just take this a chance to buy more since the prices became cheaper. There's no point on panicking, since panicking might sometime lead you to a wrong decision, it is better just to stay calm and do not be stressed to much.

rarg

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The revolutionary trading ecosystem

Quote from: Gonzo1977 on May 11, 2018, 05:15:15 AM

What the hell happened today in cryptocurrency, why is everything going down the drain? Shocked

Actually, I don't have any clue about that. I agree that the market seems difficult to back on the track.
But the good news is, there are many exchanges right now. So, people have a lot option to trade their assets.

Alexandr Kirichenko

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Quote from: HELLOFF on June 02, 2018, 04:47:10 PM

Quote from: tomotao55 on June 01, 2018, 10:47:35 PM

I think what we experience now is a healthy correction and normal. Probably the whales took advantage of the negative news such as the Korean exchange being investigated, however, I see this as an opportunity as usually after Consensus the market experience some growth.

I do not know how the Korean stock exchange is connected with the current situation on the crypto-currency market, but it seems that the large number of Bitcoin that the unknown holder Mr. Gox threw out had a very strong impact on the market. This has already sounded a lot of information and I'm inclined to trust it.

As it will be in fact, we will not know exactly how and who manipulates the market, it is not necessary to focus on this. We need to adapt to changes in the market.

HELLOFF

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Quote from: tomotao55 on June 01, 2018, 10:47:35 PM

I think what we experience now is a healthy correction and normal. Probably the whales took advantage of the negative news such as the Korean exchange being investigated, however, I see this as an opportunity as usually after Consensus the market experience some growth.

I do not know how the Korean stock exchange is connected with the current situation on the crypto-currency market, but it seems that the large number of Bitcoin that the unknown holder Mr. Gox threw out had a very strong impact on the market. This has already sounded a lot of information and I'm inclined to trust it.

Alexandr Kirichenko

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Quote from: onyek16M on June 01, 2018, 02:31:06 AM

Quote from: Alexandr Kirichenko on May 12, 2018, 04:01:04 PM

Quote from: leoliln45 on May 12, 2018, 03:45:34 PM

I will suggest you to keep calm because before a major event there always a drawdown happens no need to do panic. Keep your eyes on the market the price will rise soon. And I have heard that there was a problem with an exchange in Korea. I hope this will be solved as soon as possible.

Yes, I think it is related to this event. I think after it will follow the rapid growth of the market. it is necessary to prepare for this.

yeah prepare for future is better than you lamenting the price
now you just saving and hold so keep calm

maybe soon will be increase high price again

This is the best strategy, always be prepared for the unexpected. It is impossible to foresee everything, but it is possible to minimize risks. Now there is a correction, the market will fall again, then there will be a good growth

Abu Shadow

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Quote from: Gonzo1977 on May 11, 2018, 05:15:15 AM

What the hell happened today in cryptocurrency, why is everything going down the drain? Shocked

What is happening today is a normal correction as the price will not always go on the green light. This is a test how strong the investors we have before moving to the next level. Somehow in a few days this will again returns to a better price and considering that bitcoin is the barometer of all altcoins, the crytomarket will go on green also. If you understand the market condition, you will not get panic in every movement it has and be patient to wait for the best price to come. Indeed those holders will get their rewards once the price rise to the moon.

tomotao55

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I think what we experience now is a healthy correction and normal. Probably the whales took advantage of the negative news such as the Korean exchange being investigated, however, I see this as an opportunity as usually after Consensus the market experience some growth.

fmboyzz

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Activity: 227

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Quote from: Gonzo1977 on May 11, 2018, 05:15:15 AM

What the hell happened today in cryptocurrency, why is everything going down the drain? Shocked

This happens for like minded people like you. Why the hell you give so much importance to today's market? Aim for the future, promise not to be panic. Don't sell on the red market. Wait.. Wait.. and wait... Good days come to them who waits.

TeraBitHoven

newbie

Activity: 143

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It is because bitcoins price os going through a breakout right now and it is struggling between 7600 and 7400 usd. It affects altcoins price exchange, since it is dependent to bitcoin. It s said that they are maintaining a low profile on digital cryptocurrency especially on asian countries now. I think theres nothing to worry about.

bibitao58

newbie

Activity: 23

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I think what we experience now is a healthy correction and normal. Probably the whales took advantage of the negative news such as the Korean exchange being investigated, however, I see this as an opportunity as usually after Consensus the market experience some growth.

kostya-smrnv

newbie

Activity: 112

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What is happening in the market today is local incidents. They will not affect those who hold coins in the long run. Think.

dimon01

member

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I try myself to understand what is happening in the crypt, but honestly I can not find the answers to this. There are so many likely causes ...

onyek16M

sr. member

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Quote from: Alexandr Kirichenko on May 12, 2018, 04:01:04 PM

Quote from: leoliln45 on May 12, 2018, 03:45:34 PM

I will suggest you to keep calm because before a major event there always a drawdown happens no need to do panic. Keep your eyes on the market the price will rise soon. And I have heard that there was a problem with an exchange in Korea. I hope this will be solved as soon as possible.

Yes, I think it is related to this event. I think after it will follow the rapid growth of the market. it is necessary to prepare for this.

yeah prepare for future is better than you lamenting the price
now you just saving and hold so keep calm

maybe soon will be increase high price again

tuikindu01

newbie

Activity: 224

Merit: 0

Market volatility is common in the encrypted world, and there's nothing to worry about. Passwords can quickly bounce back to the way they bounced back from their previous plunge.

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