I am seeing REDS

[TomPluz]

When I look at CoinMarketCap site today, I realized that I am staring at a very RED market. On the first page of the site, the top coins and altcoins are bleeding with the exemption of stablecoins, of course. Though I would say that the market is not really in that bad shape, I could not avoid but feel a little bit depressed. This must be the way it is - we have to go through the many dips if we are wishing for the bull run to come back again.

[Senin]

The price of bitcoin, after falling to $ 31,000 in mid-May, rose again on June 15 to $ 40,000, while ethereum surpassed the price of $ 2,600. It seemed that prices would start recovering again, but we see another fall, and in this regard, it seems that this is already for a long time. July and August were almost always the most inactive for price growth. During these months, the activity in the markets dies down as it is the summer vacation period. I think you can just relax and wait for autumn. Since October, the cryptocurrency usually starts moving up again.

[trauchot]

Well, the correction of the cryptocurrency market has begun, as I already said some time ago, so I managed to sell many cryptocurrencies a long time ago and got an excellent profit from this and now I just hold my investments in stable coins and I wait for some cryptocurrencies to fall very much in price to invest in them.

[marcsymons]

The best advice is to buy more, particularly the top cryptocurrencies, when prices are low. The market reflects human nature well. When the average person is bearish, they panic & sell., But remember who is purchasing all the assets when the average person is selling? Big whales are buying at a discount every asset the average person is selling. Good luck!

[tervel]

 The bear market could commence in full in the next few months. Alternatively, if you think the bear market has already begun, it’s time to dollar cost average your cryptocurrencies. Make steady purchases and keep in mind the long-term view at all times.

[Jaguar]

I don't know if this reds are in good shape. I hope we cannot see another down trend to the bottom like what had happened on 2018. I hope this bear is just temporary. If this will last for long time we are in depresse not gaining from increased few months ago.

[masterrex]

Yeah, thats quite common nowadays because a lot of FUD's elsewhere, but overall I believe the crypto market was still in a good shape today's market cap is currently registered at $1.345 trillion and that's still huge compared to before so just keep the faith the market still performing and will be recovered soon.

[lepbagong]

I don't know if this reds are in good shape. I hope we cannot see another down trend to the bottom like what had happened on 2018. I hope this bear is just temporary. If this will last for long time we are in depresse not gaining from increased few months ago.

obviously not on the mend last month, but it's stable now and that's what we hope holding steady provides an opportunity to gain momentum to pick up in time. still need more time and have to be patient because the time is still long enough to be able to reach the price can increase. forecast is the end of the year could achieve renewable ATH.

[Noverteno]

Well, the correction of the cryptocurrency market has begun, as I already said some time ago, so I managed to sell many cryptocurrencies a long time ago and got an excellent profit from this and now I just hold my investments in stable coins and I wait for some cryptocurrencies to fall very much in price to invest in them.

In my opinion, now is a good time to buy ethereum, which has dropped below $ 2,000 today. I missed the moment to sell my ethereum, now I could double the number of these coins. I thought that the market would grow for some time, at least until June. Elon Musk interfered with the natural process. I expected that the price of ethereum would rise before the London hard fork, but today it fell even lower. This while I read that on three testnets, this hard fork will occur on June 24th and 30th, and July 07th.

[Freemind]

@TomPluz I fully understand how you feel, but feeling depressed will get you nowhere and it won't solve anything either. The best we can do in situations like this is to take advantage of the general downturn in the market to invest in projects that until a few weeks ago were very expensive. Depression is not a good travel companion, leave it and go your way.

[Limabd]

I can't say exactly what the market is like. But hopefully in a few months the market will start anew. The market has probably already begun to recover. Wait Hope something good is waiting for us up front. keep in mind the long-term view at all times.

[Evgenklm]

All good things always come to an end, so we have already entered a bearish cycle in the market,but I would like to be wrong and we would again see those ATH, from which the roof was blown away, here I only advise you to keep the coins and not rush to sell.

[Bobcrypto]

Yeah, the situations now look very pathetic and I think that many people, especially from countries in Asia created a lot of FUD on crypto market; and there are also  bitcoin transactions has been ban with banks. I think this has brought the situation to a bear run, and hope btc will not go down below $28k before the market bounce back, at least, to boost investors/ traders confidence.

[Anonylz]

Yeah, the situations now look very pathetic and I think that many people, especially from countries in Asia created a lot of FUD on crypto market; and there are also  bitcoin transactions has been ban with banks. I think this has brought the situation to a bear run, and hope btc will not go down below $28k before the market bounce back, at least, to boost investors/ traders confidence.

The truth is, it is other investors that are buying up all of this Bitcoins and other Altcoins that the weak hands are selling off. If you believe that the market is dead and will not come back, then that investor can sell off and exit the market but if for any reason you believe that after the drop regardless of where the price falls to it will rebound, then why sell at loss? that is if you've not taken profits before now already.
I know this are all FUDs and the market will get back soonest hopefully in the coming weeks.

[robert20]

Yes everywhere i go only see red and red. All are bleeding and most of top coins charts are pretty identical to each other. So only went a sad day in crypto but strong players ,made money from futures market. Although i am not trading because not have strong heart nor time.