What's really happening to Cryptocurrency market?

[zilzylian]

When the crypto market cap rises to $2 Trillion, I see bull market situation will occur, but at the moment a number of new investors seem to be waiting for the best moment to buy, even the Binance exchange just held a $1.8M competition which I think is aimed at attracting new investors so that they are more familiar with cryptocurrencies, so that they can increase the crypto market capitalization to be better than it is today

[Limabd]

I would say this is the work of some corruption cycle who are trying to buy BTC at a very low price. They are doing everything to weaken the market and scare small traders to ruin it. But for those who do business here it may not matter but for newcomers it is becoming a problem. But I hope everything will be normal soon.

[Gvent]

I would say this is the work of some corruption cycle who are trying to buy BTC at a very low price. They are doing everything to weaken the market and scare small traders to ruin it. But for those who do business here it may not matter but for newcomers it is becoming a problem. But I hope everything will be normal soon.

It can be very difficult for newcomers to the cryptocurrency market. Limited financial resources do not allow you to buy promising coins to the maximum. And whales can shake the cryptocurrency market, creating a lot of problems for beginners.

[Freemind]

I would say this is the work of some corruption cycle who are trying to buy BTC at a very low price. They are doing everything to weaken the market and scare small traders to ruin it. But for those who do business here it may not matter but for newcomers it is becoming a problem. But I hope everything will be normal soon.

What is happening has nothing to do with corruption or mafias. They are the whales that do what they have always done, holding Bitcoin at a certain value to force newbies and weak hands to sell to buy at cheaper prices. They buy the fear and profits of others with these tactics, it is nothing new, it is something that will always happen until they decide to change direction.

[ramarajs14]

If you saw the crypto prices these past few days, you’ll know that pretty much the entire crypto market is on a major downward trend. Clearly, a few days before, news articles were reporting on the incredible success of cryptocurrencies, and yeah, it’s really apparent that the crypto hype has been booming in the general public for the past few months.

[Danus]

There are few good exchanges, now it is easy to open an exchange, but all exchanges earn not even on interest, but on additional services for traders. This is what I think we need to start to heal the market.

[Senin]

If you saw the crypto prices these past few days, you’ll know that pretty much the entire crypto market is on a major downward trend. Clearly, a few days before, news articles were reporting on the incredible success of cryptocurrencies, and yeah, it’s really apparent that the crypto hype has been booming in the general public for the past few months.

Prices on the cryptocurrency market dropped significantly back in mid-May, that is, about two months ago. The cryptocurrency lost 50 percent or more in price and, as always, tokens suffered the most. Now the situation seems to have stabilized, but we can hardly expect a good price growth in the next few months. Most likely, there is only hope for the fourth quarter. However, the previous price gains will probably resume only next year.

[Gvent]

If you saw the crypto prices these past few days, you’ll know that pretty much the entire crypto market is on a major downward trend. Clearly, a few days before, news articles were reporting on the incredible success of cryptocurrencies, and yeah, it’s really apparent that the crypto hype has been booming in the general public for the past few months.

Prices on the cryptocurrency market dropped significantly back in mid-May, that is, about two months ago. The cryptocurrency lost 50 percent or more in price and, as always, tokens suffered the most. Now the situation seems to have stabilized, but we can hardly expect a good price growth in the next few months. Most likely, there is only hope for the fourth quarter. However, the previous price gains will probably resume only next year.

The price increase is likely to begin in the fall of this year. Of course, it is impossible to give an accurate forecast, but it is necessary to be ready for the rise of cryptocurrencies. This will help you concentrate and get a profit.

[de_prof]

The Cryptocurrency market keep on falling since Bitcoin price is not actually been stable, those it mean that other altcoins cannot rise if Bitcoin is not rising in value, there's alot of panic so much fear in the heart of many Cryptocurrency trader's weather the Cryptocurrency market will ever recover soon. But I don't think is a new thing because we experienced similar thing in 2018. What do you think is there any hope of Cryptocurrency market recovering soon full the heavy fall?

Several people said It's just correction, and I see there are many people believe bitcoin and market will recover again.
I think we should wait the market progress at this month.
Buy more and hold several coins, I think It is the best way to do.

[DAMKAR]

The Cryptocurrency market keep on falling since Bitcoin price is not actually been stable, those it mean that other altcoins cannot rise if Bitcoin is not rising in value, there's alot of panic so much fear in the heart of many Cryptocurrency trader's weather the Cryptocurrency market will ever recover soon. But I don't think is a new thing because we experienced similar thing in 2018. What do you think is there any hope of Cryptocurrency market recovering soon full the heavy fall?

Several people said It's just correction, and I see there are many people believe bitcoin and market will recover again.
I think we should wait the market progress at this month.
Buy more and hold several coins, I think It is the best way to do.

I think It's the bearish season. But we all know crypto market is unpredictable.
We should wait and learn the chart as long as the bearish.
As you said, buy more, I agree. But I still wait the bottom.

[Freemind]

The same thing always happens, at current prices many people believe that Bitcoin will continue to fall and that is why they do not buy, but no one really knows where the bottom is. I have always thought that opportunities are to take advantage of them, that is why I have already spent almost all the funds that I had reserved to invest. Now time will prove I'm right or wrong, I just have to wait. When Bitcoin fell to $3,300 in December 2018, many people did not want to buy because they said that Bitcoin was dead, we already know that it was not. Let each draw their conclusions.

[tervel]

For those who invest in crypto for the long-term using a buy-and-hold strategy, swings like this are to be expected. The recent dips are nothing to be overly worried about. I don't think there is anything to worry about.

[Gvent]

For those who invest in crypto for the long-term using a buy-and-hold strategy, swings like this are to be expected. The recent dips are nothing to be overly worried about. I don't think there is anything to worry about.

You should always be able to be confident about the future of the coins in which you invest. After all, before buying, everything is seriously considered and the decision is made on the basis of the experience gained in the market.

[tervel]

Those investors who had the foresight to buy into bitcoin in its earliest days and then held onto the cryptocurrency when it took off over the past year are now extremely wealthy. The largest digital currency by market capitalization has performed well in the past few years.

[Gvent]

Those investors who had the foresight to buy into bitcoin in its earliest days and then held onto the cryptocurrency when it took off over the past year are now extremely wealthy. The largest digital currency by market capitalization has performed well in the past few years.

You can't turn back time. But we have a chance to become successful and rich in the current conditions on the cryptocurrency market. You only need to invest very competently in promising coins that will be successful in the future.