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Author Topic: Why so much fear now in the crypto market?  (Read 13024 times)

Offline Delgboke

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Why so much fear now in the crypto market?
« on: February 28, 2021, 03:59:34 PM »
There's an urgent fear rising in the cryptocurrency industry because of the crypto market are falling, people are been tensed because of the recent downtrending of Cryptocurrency market, how can we handle this fear?
Should we sell out our coins with fear because of the recent happening in the crypto currency market?
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Why so much fear now in the crypto market?
« on: February 28, 2021, 03:59:34 PM »

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Offline Abubakar56

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Re: Why so much fear now in the crypto market?
« Reply #1 on: February 28, 2021, 04:55:43 PM »
In Cryptocurrency definitely coins will pump and they will also dip just because of the current dip which is normal I don't believe you should rush and sell you coin because in the next few days the coins  pump again which is painful because you already sold at lost so I won't advise anyone to sell there coin now.

Offline Giangphuong8489

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Re: Why so much fear now in the crypto market?
« Reply #2 on: February 28, 2021, 05:12:37 PM »
People tend to get nervous when they see their crypto assets evaporate every hour. When BTC rose and reached 45K USD, everyone wanted to buy, but now everyone wants to sell. It can be said that the BTC price drop is something no one wants as it entails tens of % depreciation of altcoins, but this is essential to cool down the market, giving us a longer bullrun and a shorter crypto winter.
I decide to keep every coin/token in my wallet, or I will sell BTC to buy some potential altcoins.
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Re: Why so much fear now in the crypto market?
« Reply #3 on: February 28, 2021, 05:16:28 PM »
There are 2 reasons i feel fear facilitate several minds of individuals in the market today; 1 is refusal to learn or understand how the crypto currency market works; the 2nd one is greed and the refusal to take profit when its available; it leads to unnecessary fear whenever theres a small dip in price.

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Re: Why so much fear now in the crypto market?
« Reply #4 on: February 28, 2021, 05:42:29 PM »
Most likely, this is a correction in the market, but many are ready to believe that the bear is back. The market cannot always grow, correction is a common thing. Don't panic, just take the opportunity to bribe coins you didn't buy on time.

Offline bitcoin-shark

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Re: Why so much fear now in the crypto market?
« Reply #5 on: February 28, 2021, 06:22:14 PM »
it is not fear but i would rather say uncertainty about the market trend, fear is never a good advisor to make transactions / sales we have to act rationally and not get carried away by panic sell
« Last Edit: February 28, 2021, 06:25:12 PM by bitcoin-shark »

Offline robert20

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Re: Why so much fear now in the crypto market?
« Reply #6 on: February 28, 2021, 06:32:08 PM »
I think its because the whole narket is red now.. In recent months crypto market pumbed a lot. It was a bull season. So people if tgus is the start of Bearish season. The ,arjet is seeming very much volatile it is not tsafe to trade now.
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Re: Why so much fear now in the crypto market?
« Reply #6 on: February 28, 2021, 06:32:08 PM »


Offline trauchot

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Re: Why so much fear now in the crypto market?
« Reply #7 on: February 28, 2021, 06:37:32 PM »
People start to panic because the cryptocurrency market began to fall, but here of course you shouldn't worry so much, the main thing is to transfer your cryptocurrencies into stable coins and wait till that time when correction will be over, well, maybe someone has a different strategy, but I already expected the cryptocurrency market to fall for long time ago and therefore, I transferred almost everything to stable coins long time ago.
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Offline Phu Juck

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Re: Why so much fear now in the crypto market?
« Reply #8 on: February 28, 2021, 06:42:15 PM »
Well, people have made huge profits since December and maybe it is time to take some profits now. I have heard some people saying to sell a part to buy nice goods but not selling all to wait for maybe higher prices. Of course, it's a little correction now but in overall, it is likely to see higher prices. Blockchain will make more progress and become more popular for invest like Elon Musk.
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Re: Why so much fear now in the crypto market?
« Reply #9 on: February 28, 2021, 07:27:46 PM »
Bitcoin says that if you can't handle my fifty percent drop in price, then you don't deserve my one thousand percent increase in price.
For me, there's absolutely nothing to be afraid of, I mean every sensible person out there should have prepared for the fall cus there was never a time when this was supposed to keep going up forever, there will always be a fall at some point and if we've gotten to that point, I don't see any reason why people should be afraid.
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Re: Why so much fear now in the crypto market?
« Reply #10 on: February 28, 2021, 11:55:10 PM »
It depends on how your mental and emotional management. Actually if we are already in the crypto world, we must be ready for any kinds of the risks including the bearish or dropped price significantly. If we still feel fear, just leave the crypto and focus on the real world.

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Re: Why so much fear now in the crypto market?
« Reply #11 on: February 28, 2021, 11:59:05 PM »
It is because many people want to take advantage of the fear. They want to buy cheap from others. I saw many people spreading FUDs, especially on social media. I don't know who gives them instructions to spread the FUDs. I suspect the whales who pay them to spread FUDs. Then, people will be fear because of them.

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Re: Why so much fear now in the crypto market?
« Reply #12 on: March 01, 2021, 02:20:40 AM »
There's an urgent fear rising in the cryptocurrency industry because of the crypto market are falling, people are been tensed because of the recent downtrending of Cryptocurrency market, how can we handle this fear?
Should we sell out our coins with fear because of the recent happening in the crypto currency market?
In this situation, we have to be very careful because we can become one of the panic sellers or buyers and we will lose unexpected amounts! We have to understand that crypto markets are volatile most of them, so at least we should use orders in this dumping to avoid selling without expecting and earn loss.

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Re: Why so much fear now in the crypto market?
« Reply #13 on: March 01, 2021, 04:00:16 AM »
It depends on how your mental and emotional management. Actually if we are already in the crypto world, we must be ready for any kinds of the risks including the bearish or dropped price significantly. If we still feel fear, just leave the crypto and focus on the real world.

I don't really see any reason why people or investors should have fear when the market is going down, you understand profits can be made both ways right? this is what crypto market and any other market is all about. Most people don't really invest in stable coins which is not volatile except we want to use it to save our profits so if you don't want volatility, invest in stable coins  ;D but you do want the market to go up, so in way it will come down. The only thing would be, know when to get in so that you don't get burn.

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Re: Why so much fear now in the crypto market?
« Reply #14 on: March 01, 2021, 06:41:03 AM »
I do not feel any fear, the direction of the crypto market is constantly changing and this should not cause fear and panic.  You need to calmly evaluate everything that happens in the market.

 

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