Topic: Why is the market red - page 30. (Read 2478 times)
Yes, I agree with a guys above, when you hear a news like that hack of MEW, you definately will loose your trust into crypto...
the markes is red because bitcoin is very volitely. if bitcoin stay stabilite altcoin will be green. we should hold now and then we make money.
If someone predicts a thing, it does not mean he is 100% sure. It is only a thing of likelihood. Everyone knows that the market cannot continue to pump, without experiencing any red. Notwithstanding, even if there a reds now, we will surely see another phase of green in the market. It is normal. We are still in a time of correction, which will bring about some undulations.
There is always a trigger for the rate fluctuations, whether policies or hacks or regulations, what is more important is to keep your cool and ride the wave whichever way it goes to enjoy the benefits.
You tell me?
A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.
What’s going on?
A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.
What’s going on?
Lol, it is normal to short time frame market correction. this is the moment where most of people that bought at $9000 bitcoin level a two months ago are now selling in fear. But several market has more buy orders than selling orders. there is definitley buying pressure right now. Bitcoin just broke the $9200 resistance level, so probably it will stay a little bit longer again in that level before it looks for another direction.
i think the main reason is news, some hacking news viral in google thats why market is red. hope market will recover again.
Perhaps now the market will start to fall again and check for patience again and again. I think so.
You tell me?
A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.
What’s going on?
The hacked mew did not affect the market much. Red market reason because after more than 10 days growth. By the time whales sell their coins they have bought at low prices to make a profit. I think the price will soon rise again in 2-3 days A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.
What’s going on?
You tell me?
A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.
What’s going on?
Who's that guy that can't stand on his technical analysis?A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.
What’s going on?
I say that we are on bull market but I'm not a technical analysis man. There are people who are starting to sell their coins due to the advantage that they have enough profit already.
Because it changes from time to time. News, politics , legislation etc are the factors that make it red.
How can I protect myself from any type of steal using MEW?
I don't know why Bitcoin dumped, but I read OKexchange said the found a bud in ERC20 tokens and they are going to suspend trading because all these tokens are at risk if a black hacker found this, he can create so many tokens and dump them on the exchanges. I am looking for more information on this news
Snowball effect, people started dumping their holdings because of the recent MEW hack, then labile folks follows and we are where we are now. We need more strong hands in crypto, so that every little bump wont effect the market sentiment.
I also do not know anything, but very many people predicted this fall and said that correction with such growth is quite real, although it seems to me that this could be the usual manipulation of the market. There was a lot of good news, but today there was no bad news.
To day we have seen the market is low and have back to the red, last few days we are happy about bitcoin and altcoin have on thi high price, but today is back to usually price where bitcoin and altcoin have red again. I heard about the market is red is happen of the trouble faced by myetherwallet, where we know myetherwallet have trouble with their dns address and it take some problem why bitcoin and altcoin back to the low price now.
We are predicting the attack on MEW is the reason for the present market drop but nobody knows what is the exact reason.I thought green numbers will continue for a long time but every time when the market is trying to recover something bad news will come and again it is turning to red. To day we have seen the market is low and have back to the red, last few days we are happy about bitcoin and altcoin have on thi high price, but today is back to usually price where bitcoin and altcoin have red again. I heard about the market is red is happen of the trouble faced by myetherwallet, where we know myetherwallet have trouble with their dns address and it take some problem why bitcoin and altcoin back to the low price now.
We are predicting the attack on MEW is the reason for the present market drop but nobody knows what is the exact reason.I thought green numbers will continue for a long time but every time when the market is trying to recover something bad news will come and again it is turning to red. You tell me?
A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.
What’s going on?
A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.
What’s going on?
That's reason is for people that want to buy coin in a small value. This time is their chance to buy. We just need to be patient in our chance In a right time and when the time comes market will be stable and that chance is for us who already brought a coin.
You tell me?
A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.
What’s going on?
I think in this crypto currency market, there are no need to have a specific reason for dumping/pumping a a coin or red market/green market.A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.
What’s going on?
Just because the whales want to do that and just in the pumping/dumping cycle.
could be a magnitude of factors all combined together; the market was getting hyped and overpriced and was setting up for a small correction plus there was some bad news about hacking MEW and others. but in my opinion this is all very natural and healthy for a sustainable bull run.
It happens! There is nothing to worry about. It happens in the stock market and it will happen here. Not everyday we will see major jumps and gains. That wouldn’t be healthy. Like the recent pull back is what I consider to be very healthy for the market. It allows smart investors who are also long on bitcoin to buy more. Instead of worrying about the market being in the red for a day or just don’t and realize that this happens and that there is nothing we can do. It just happens!!
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