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Author Topic: Why so much fear now in the crypto market?  (Read 12950 times)

Offline Ludmilla_rose1995

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Re: Why so much fear now in the crypto market?
« Reply #15 on: March 01, 2021, 06:53:48 AM »
There is no need to immediately sell the crypto we have. I think the current drop is normal. the market is correcting when the price continues to increase. Better hold it until the market recovers. There will be a big pump after the price drops.

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Re: Why so much fear now in the crypto market?
« Reply #15 on: March 01, 2021, 06:53:48 AM »

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Offline Anonylz

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Re: Why so much fear now in the crypto market?
« Reply #16 on: March 01, 2021, 07:18:58 AM »
There is no need to immediately sell the crypto we have. I think the current drop is normal. the market is correcting when the price continues to increase. Better hold it until the market recovers. There will be a big pump after the price drops.
Even if that is a good idea, but am of the believe that you can sell off when the price is dumping as we have seen in the past couple of days and buy back in somewhere during the recovery. I think this is a much better approach to trading even if you are not an expert in the market because if you pay close attention, investors can clearly see this transition and take it.

Offline gurunanakji777

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Re: Why so much fear now in the crypto market?
« Reply #17 on: March 01, 2021, 08:06:07 AM »
Yes, the falling market is the main concern. Many traders learned a bitter lesson in the previous bearish trend so might be some will do panic selling but I would say do not make a decision in haste otherwise will repent later. Wait for some time market will give you a chance again till then be patient

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Re: Why so much fear now in the crypto market?
« Reply #18 on: March 01, 2021, 08:26:42 AM »
Because the market is in a panic and many do not know what to do to take profits or hold on, so the price of the same bitcoin goes back and forth

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Re: Why so much fear now in the crypto market?
« Reply #19 on: March 01, 2021, 08:35:52 AM »
I think it is time for the crypto community to take a break and review their own investment strategy before the correction ends. During this bullrun, the first correction has been going for about a month, and we are only in the second one for about a week, we may see the BTC price drop to $40K if the mining pools continue to sell, and people lose confidence in BTC's bullish potential.
I believe the market has just started the bullrun, I want to sell some BTC but not for fiat, I want to buy some more ETH or ADA/BNB to get ready for the next bull phase.
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Offline Thymoty

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Re: Why so much fear now in the crypto market?
« Reply #20 on: March 01, 2021, 08:57:22 AM »
Instead of selling tokens, I increased the amount of money I invested in the crypto market because I am a long-term type of investor, so the negative trend in the crypto market does not affect my investment.
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Offline Max Way

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Re: Why so much fear now in the crypto market?
« Reply #21 on: March 01, 2021, 09:25:16 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?
I myself prefer to partially close the position then buy it again below, the goal is to minimize losses. When the price rises again, of course this can be an option to become a bigger profit.

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Re: Why so much fear now in the crypto market?
« Reply #21 on: March 01, 2021, 09:25:16 AM »


Offline Sharelock

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Re: Why so much fear now in the crypto market?
« Reply #22 on: March 01, 2021, 12:09:05 PM »
All of this happened because of too much bad news about bitcoin? (FUD)
So that it caused panic for everyone and many sold their assets in order to secure their money from losses.
If you ask, should we sell all the coins we hold? I answer all back to yourself. Because all coins that you hold are the result of your own analysis and you alone bear all the risks.
If I give you a suggestion, you don't have to panic when the price is down. You need to think about buying again to cover your losses.
Take advantage of situations like this to make a profit
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Offline Stuart

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Re: Why so much fear now in the crypto market?
« Reply #23 on: March 01, 2021, 12:09:24 PM »
The ups and downs in crypto trading/market is what makes the fun complete. The roller-coaster ride in crypto currency is one thing that is certain and should always be expected in this system. We saying, if every buyer bought when the price was below $30,000, the capital or profit only reduced, that does'nt mean you are losing. The market is on its correction and set to re-bounce when the right time comes. Selling all coins now for the safe side is okay, but withdrawing all to cashout is where it goes wrong. This fear is one thing that is inevitable, it is there and will always be there, as everybody differ in their own ways of patience, so will the panic of sell be.

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Re: Why so much fear now in the crypto market?
« Reply #24 on: March 01, 2021, 09:51:16 PM »
fear does not always give one good basis of decision, so taking decision as to sell or buy in crypto to world is not always good on the basis, any decision that will be taken should be after thorough analysis.
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Re: Why so much fear now in the crypto market?
« Reply #25 on: March 01, 2021, 09:57:04 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?

I think It is not fear , but just careful. We all see the gas fee is so high and market is still struggling now, I think hold and wait are the best be way to do now. Don't panic selling, you will loss a lot. I have done it.
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Re: Why so much fear now in the crypto market?
« Reply #26 on: March 01, 2021, 11:18:37 PM »
No, it will be a bad decision if you sell your coins because you are in a panic to see the current crypto market. The correction phase isn't something so surprising in the crypto market, it already happened many times. We must know that the correction is needed to make the crypto market running normally. There is no market that always goes up without correction, there will be always a decline and rising phase together.
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Offline I-Bit

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Re: Why so much fear now in the crypto market?
« Reply #27 on: March 01, 2021, 11:36:40 PM »
The fear commonly happens when the market shows bearish, where most coins are decreasing so highly and when the price drops very drastically even after pump condition. And those who feel fear about this I think they are not ready yet in the crypto investment.

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Re: Why so much fear now in the crypto market?
« Reply #28 on: March 01, 2021, 11:49:51 PM »
Do you also wonder about the fear? Are you afraid of this market condition? Well, this is not good for you. Because fear will also drive someone to be panic and carelessness. It will lead someone to panic sell even the price is still dropped because they only follow the hype and also FOMO.

Offline Malam90

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Re: Why so much fear now in the crypto market?
« Reply #29 on: March 02, 2021, 01:59:08 AM »
Investors don't fear in any situation. They think before investment and they take risk when they invest. Profits here for their taking risk, so profits is their rewards for taking risk. As an investor, you have to take entry and exist in time. Sometimes your decision may not be good but this is simple for trade life. If you fear in trade, cryptocurrency isn't for you. Real life physical assets like Gold is secured for you but it is less profitable than cryptocurrency.

 

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