red day of the calendar

[Evgenklm]

Hello kryptans! what do you think about today's cryptocurrency market? What is the reason for such a sharp drop , all coins including bitcoin are in the red zone...what do you think about this?

[iloveyobit]

bad news for crypto caused that dump,the news are saying that USA governemount will punish lot of companies because they use bitcoin in illegal actions and that what cause a FUD in the market but that was expected to happen because the market and bitcoin was so bullish for a very long time..

[Casual]

At present, the price of Bitcoin and other coins is declining.  It turns out that the Bitcoin price has dumped a lot of the price of all the other coins along with you. The price of Bitcoin may not go below $50k. Maybe after a while the price of Bitcoin will increase again and will be higher than the previous price. And whether the price of all coins will rise again.

[Millionaire]

when the market is red, it is common after the price has risen. we have to remember when the price goes up there will definitely be a decline which causes the market to turn red.
at times like this you don't need to be afraid and panic, you have the opportunity to buy coins at low prices and after the market has experienced a correction you have made a profit.

[Evgenklm]

I agree with all the above comments, I think this is a temporary phenomenon and we will soon see new ATH, but there are some coins on the market that go against the market, this is DOGE, BNB, it is good that there are coins that can independently show the growth dynamics, despite the fact that bitcoin is going down.

[Sharelock]

There's no need to panic.
All coins have gone down in price for no reason, but it is commonplace when bitcoin starts to make corrections.
But I am sure that after the correction the price will definitely go up again to its original price.
An opportunity to buy more cheaply and wait for the correction to finish. Keep calm

[Evgenklm]

There's no need to panic.
All coins have gone down in price for no reason, but it is commonplace when bitcoin starts to make corrections.
But I am sure that after the correction the price will definitely go up again to its original price.
An opportunity to buy more cheaply and wait for the correction to finish. Keep calm

I agree with you, you can not panic in trading, and the best strategy is HODL on days when the market shows a prolonged correction, so the best way is to wait and buy at the best prices, but this does not always work

[lepbagong]

There's no need to panic.
All coins have gone down in price for no reason, but it is commonplace when bitcoin starts to make corrections.
But I am sure that after the correction the price will definitely go up again to its original price.
An opportunity to buy more cheaply and wait for the correction to finish. Keep calm

I agree with you, you can not panic in trading, and the best strategy is HODL on days when the market shows a prolonged correction, so the best way is to wait and buy at the best prices, but this does not always work

indeed the panic that occurs will make all those who are being hit, unable to control themselves and there is an error that will arise. of course it will be detrimental to do what actions will be done, being patient and staying focused will allow us to control ourselves.

corrections in bitcoin have often happened, but indeed bitcoin corrections sometimes make a lot of people fear that it will continue and are reminded of the 2018 experience. But I believe that bitcoin today will not happen like that time, because if it will be done it will happen at the beginning of last year.
remember that the halving effect has not been seen until now, and is expected to occur at the end of the year, so if there is a correction there is no need to be overly afraid.

[TomPluz]

Every time there is a correction, a dip or a retracement, people who are not yet tired of the same question keep on wondering why the same thing is happening in the market. Right now, we are again in the dip due to Mr. Elon Musk and the decision of Tesla to stop accepting Bitcoin for their cars. However, this is just a normal thing with cryptocurrency and days from now we can see the market getting green again. Then after that, we will see red again. Unless, we are color-blind, of course.

[Traderbtcc]

Nothing serious, just a retrace in prices, we are in a bull season which means price will keep pumping, but always remember crypto is volatile, there will always be a retrace in prices after a long pump that's sure and certain, so we should be informed and always trade with caution. When prices dump some people panic while some sees it as an opportunity to make a fortune, so trade wisely.

[robert20]

This is because of so many FUDs in the market these FUDs are creating this situation. and also the crypto bull run is almost at the end i think. Btc will not achieve 60k in this season and the market will start to crash. I would like to suggest to book some profit  guys before its too late.

[Evgenklm]

Today, bitcoin generally flies, and the bottom is not noticeable, a lot of negative comments are heard about bitcoin, the same Elon Musk adds fuel to the fire, China prohibits something there, and all this is like a snowball, it grows and narastant and of course rolls lower and lower.I would like this correction to end as soon as possible.

[bitbit97]

Today, bitcoin generally flies, and the bottom is not noticeable, a lot of negative comments are heard about bitcoin, the same Elon Musk adds fuel to the fire, China prohibits something there, and all this is like a snowball, it grows and narastant and of course rolls lower and lower.I would like this correction to end as soon as possible.

You can use this correction to increase your holdings by buying for a lower price than you have sold. Use this an opportunity to get more cryptocurrency. I think we have entered a bear market or a "bitcoin-life-cycle-when-its-price-started-to-test-bottom", like it was in 2018. So expect a recovery no sooner then 1 year.

[Mas Bro]

All of that is the law of the cryptocurrency market. After the price rises there will inevitably be a fall in price and correction and the market turns red. I think the red market is a good time to buy a coin at a low price and hold it for some time and sell it after the market has bounced back, to make a profit.

[Evgenklm]

Today, bitcoin generally flies, and the bottom is not noticeable, a lot of negative comments are heard about bitcoin, the same Elon Musk adds fuel to the fire, China prohibits something there, and all this is like a snowball, it grows and narastant and of course rolls lower and lower.I would like this correction to end as soon as possible.

You can use this correction to increase your holdings by buying for a lower price than you have sold. Use this an opportunity to get more cryptocurrency. I think we have entered a bear market or a "bitcoin-life-cycle-when-its-price-started-to-test-bottom", like it was in 2018. So expect a recovery no sooner then 1 year.

I still hope that this is a protracted correction, I would not like to return to 2018 again. I am confident and convinced that the cue ball will soon recover, because it has come such a long way to surprise the market with its new enchanting ATH, I shifted my investments to the prospect of a new coin, I can only wait and watch