Crypto really break down?

[ranaprime]

There are many crypto channels spreading that crypto will break down shortly as like as 2018. As a result most of the little holders selling their assets at a low price and face a big loss.What do you think is it true,Crypto break down? I don’t  believe that and it is not possible at this moment but we know that crypto is volatile and most of the time it is forced by hype. It is a strategy of the blue whales. What do you think in this concern?

[trauchot]

Why not, the cryptocurrency market constantly needs a correction so that after the correction cryptocurrencies could start growing in price again and reach new heights, the correction is also needed so that new players would start investing in cryptocurrencies and also the cryptocurrency market has been growing already very long time and therefore in any moment market dump may occur, so we need to be prepared for this.

[Freemind]

It seems that the administrators or managers of those crypto channels don't know how to use a simple calculator. For the same to happen as in 2018, Bitcoin would have to lose 83% of the value of its last ATH ($64,863), to lose that percentage, Bitcoin should now be worth $11,027, and its value now is $36,324. Every day I am more convinced that people speak because they have tongues and write because they have fingers, but they are incapable of doing something as simple as doing some calculations.

[Master107]

I agree to @Freemind

Crypto market is volatile, normally we might experience the ups and down (dip) in some instances, due to changes from big government and whales influence that could trigger the crypto price.

Tough to hold during this red market. But awarding to wait once the full recovery take place light a blink of an eye (when rapid pump).

Actually, during this dump scenario the whales and institutions are accommodating while small holders are shaking and in panic selling.

[jenica]

It doesn't look like it's broken, it's just an issue for crypto players to scare new players, where they don't know what crypto really is, so they panic, and the sultans are waiting to buy at low price

[piqulhdt28]

the crypto world does have very fast fluctuations, and correction is needed. If the price goes down for a long time, I think it's a normal thing, where we can wait until the price goes high again. Negative news will often appear for crypto, only mentally strong people can survive.

[Freemind]

I agree to @Freemind

Crypto market is volatile, normally we might experience the ups and down (dip) in some instances, due to changes from big government and whales influence that could trigger the crypto price.

Tough to hold during this red market. But awarding to wait once the full recovery take place light a blink of an eye (when rapid pump).

Actually, during this dump scenario the whales and institutions are accommodating while small holders are shaking and in panic selling.

Exactly, now the whales and the institutions are buying at very low prices thanks to all those who are afraid and sell. That is nothing new, it has been done since the market was born, that's why I don't understand why people don't search for information and read a bit about the history of cryptocurrencies. Not only would they know good advice, but they could also make money instead of losing it.

[Gokvane]

Don't be easily influenced by news about the Cryptocurrency market, because actually bad news about Crypto is done by some groups for personal gain.  If the price goes down, don't panic, because if we panic, it's a loss for us. I think the Cryptocurrency market will be fine, and prices will increase even if slowly.

[TomPluz]

We have to understand well the very nature of the media including those who are focusing on cryptocurrency. They are usually using attention-grabbing sensational headlines to get as many views as they can because that is the basis of their making money. These terms are usually including crash, collapse and yes break down. They are usually so gloomy and this is always happening when there is a big dip...but by the time when cryptocurrency is on up again these people will be spreading all the praises they can and be spreading positive news. They are just actually serving what the people are inclined to believe.

[Vx1]

A break down market is a great time to buy coins, either for trading or for long-term investment. But before deciding which coin to buy, we must be sure that the price of the coin will increase even though the increase is small. Because in Cryptocurrency the market conditions will not be down forever, there must be a time to go up.  So please calm down and don't panic.

[bitcoinku]

I see the market that this is the time for us to buy and hold for a long time again.  With the hope that the price will return to the way it was at the beginning of this year

[piqulhdt28]

I see the market that this is the time for us to buy and hold for a long time again.  With the hope that the price will return to the way it was at the beginning of this year

I think this is just the beginning, deeper corrections will occur again until the time has not been determined, my friend. Don't be too quick to make decisions, analyze it first, friend.

[Fenix]

If the market falls, it usually happens in the early days. The current fall in prices has been going on for more than two weeks. Bitcoin has already stabilized in price at $ 35,000 and is unlikely to fall even deeper. A period of prolonged stagnation is possible, but no further decline. I think that further market growth is possible in the fall.

[pelana vreo]

I have some new coins and am not thinking of selling them because the market situation is not good for trading.
some big Investors may buy BTC and other top altcoins because BTC price is still under $40k.
my friend also mentioned the BTC price might drop below $30k if the current support level drops to $32k. but it's all based on technical analysis that has gone through several stages and I think the current market situation is still good to buy some altcoins for the short term.

[Paglamon]

Most currencies in the crypto industry today are challenging. Because nowadays most currencies have improved a lot. Plus it’s going to be like 2018 very soon. In 2018, the situation in the crypto market was much worse. Currently, the situation in the crypto market is deteriorating. The prices of most cryptocurrencies have started declining. So crypto market conditions will not improve much.