People are been affected by FOMO.

[tonymillions84]

COUPLED with the high rate of liquidity taking place on cryptoexchanges. many people are panic buying. i did twice and the price is still dropping. i think now is the time for everyone to control his/her tempo and trade without fear. so many people bought at 7,000 thinking that will stop at that price, some bought at 5, while some bought at 6k. we are to ascertain where this bear will ends.
so help us God.

[Alcor]

In any case, the current fall in the cryptocurrency market is temporary. Governments have now begun to take tough measures to prevent the further spread of coronavirus. People stock up on food in order to wait a certain time to wait for this period of the spread of the virus at home, as always in such cases, panic occurs. Therefore, there is a shortage of cash, cryptocurrency is being dropped, which, because of this, falls in price. Those who are now buying bitcoin for $ 5,000 - $ 6,000 should continue to make good profits.

[Uina]

I bought at $9k so I am still hodling because I know it is temporary. It would be awesome if I still have spare money to spend but I only allow a few bucks for this so let's just be patient. This challenge will also pass.

[trauchot]

Now it’s very difficult to say when this fall will end, so it’s best to just wait out all these drops if you have already invested in cryptocurrency, and if you have not invested in cryptocurrency yet, now is a good time to invest, but do not forget about the risks.

[masterrex]

COUPLED with the high rate of liquidity taking place on cryptoexchanges. many people are panic buying. i did twice and the price is still dropping. i think now is the time for everyone to control his/her tempo and trade without fear. so many people bought at 7,000 thinking that will stop at that price, some bought at 5, while some bought at 6k. we are to ascertain where this bear will ends.
so help us God.

It's due to the coronavirus scare, the market was affected by the massive decline in the most cryptocurrency prices in the market. But for those who are brave its the best time to accumulate more coins/tokens because I'm pretty sure this season won't last long and it will back to normal as soon as the Covid-19 effect will subside.

[Nestle]

Relax and understand the market. At the moment I'm not sure about buying crypto. There is still a possibility of going back down because of many problems that occur at this time. I'm thinking whether halving failed to increase prices?

[Muneeb22]

So many peoples will loss their money just becasue of this news and ll over the world market is so much infected becasue of this news and also the corona virus.

[DogeTalk]

Most traders trust crypto signals more than analyze how the crypto market conditions are on that day so that many traders suffer losses. Need understanding to analyze charts from the crypto market

[Istiak]

still, everyone has a chance to take a big profit. If this epidemic problem solved then its possible that we will see another bull run after the btc halving. I think its the best time to fill up your bag and hold your share. There must be a bottom and I think that's the bottom for now. Price is still between 4500$ to 5500$. So no need to panic.

[Bobcrypto]

As soon as this virus has subsided, there will be inflow of many people back to business as usual. It obvious that crypto will definitely bounce back stronger, though not sure of a worst prices senero, but in a little time, say few weeks from now, there will be some recovering.

[Senin]

For five days now, the cryptocurrency market has practically not fallen. Bitcoin is held at 5100 - 5200 dollars. It seems that people have cashed out part of their cryptocurrency to solve urgent problems associated with the coronavirus and are still waiting. On the one hand, it is no longer profitable to sell cryptocurrency at such low prices, and on the other hand, they have not yet invested in it.
Of course, such a situation cannot last long. If the virus declines, the cryptocurrency market will recover quickly.

[Fenix]

For five days now, the cryptocurrency market has practically not fallen. Bitcoin is held at 5100 - 5200 dollars. It seems that people have cashed out part of their cryptocurrency to solve urgent problems associated with the coronavirus and are still waiting. On the one hand, it is no longer profitable to sell cryptocurrency at such low prices, and on the other hand, they have not yet invested in it.
Of course, such a situation cannot last long. If the virus declines, the cryptocurrency market will recover quickly.

Yes, that's right. Now Bitcoin has even begun to rise in price, however, showing high volatility. Last night, the CoinMarketCap table showed the price of bitcoin 6408 dollars, today it again fell slightly to 6194 dollars. In the fight against coronavirus, positive shifts are outlined, so the cryptocurrency market should gradually recover. Given the upcoming events in May, I think that the recovery will not be very long in time.

[tonymillions84]

The current price is still not yet ascertain. we might fall back to 4000k as a result of the current crisis rocking the whole world. for the first time in life, we are faced with a pandemic raveging the whole world with little or no sign of recovery. we pledged our allegiance to God Almighty to savage this situation.

[gotbounty]

Why not follow FOMO if it is profitable? I think panic buy in the right way and time are indeed good. But currently it is hard to find out people who are not affected by FOMO once it is related to Bitcoin. However, please learn carefully the coins before you buy it.

[Master107]

For sure you know that back then you did what was right on that particular investment.
You also know what are the possibilities after.
Regret is part of human interaction through to yourself.
But for me you did the right thing. You know why? Because you won't do things that you think you will be broken unless you mean it.
Cheer up mate.