Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ranaprime on June 01, 2021, 09:01:36 AM
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There are many crypto channels spreading that crypto will break down shortly as like as 2018. As a result most of the little holders selling their assets at a low price and face a big loss.What do you think is it true,Crypto break down? I don’t believe that and it is not possible at this moment but we know that crypto is volatile and most of the time it is forced by hype. It is a strategy of the blue whales. What do you think in this concern?
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Why not, the cryptocurrency market constantly needs a correction so that after the correction cryptocurrencies could start growing in price again and reach new heights, the correction is also needed so that new players would start investing in cryptocurrencies and also the cryptocurrency market has been growing already very long time and therefore in any moment market dump may occur, so we need to be prepared for this.
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It seems that the administrators or managers of those crypto channels don't know how to use a simple calculator. For the same to happen as in 2018, Bitcoin would have to lose 83% of the value of its last ATH ($64,863), to lose that percentage, Bitcoin should now be worth $11,027, and its value now is $36,324. Every day I am more convinced that people speak because they have tongues and write because they have fingers, but they are incapable of doing something as simple as doing some calculations.
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I agree to @Freemind
Crypto market is volatile, normally we might experience the ups and down (dip) in some instances, due to changes from big government and whales influence that could trigger the crypto price.
Tough to hold during this red market. But awarding to wait once the full recovery take place light a blink of an eye (when rapid pump).
Actually, during this dump scenario the whales and institutions are accommodating while small holders are shaking and in panic selling.
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It doesn't look like it's broken, it's just an issue for crypto players to scare new players, where they don't know what crypto really is, so they panic, and the sultans are waiting to buy at low price
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the crypto world does have very fast fluctuations, and correction is needed. If the price goes down for a long time, I think it's a normal thing, where we can wait until the price goes high again. Negative news will often appear for crypto, only mentally strong people can survive.
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I agree to @Freemind
Crypto market is volatile, normally we might experience the ups and down (dip) in some instances, due to changes from big government and whales influence that could trigger the crypto price.
Tough to hold during this red market. But awarding to wait once the full recovery take place light a blink of an eye (when rapid pump).
Actually, during this dump scenario the whales and institutions are accommodating while small holders are shaking and in panic selling.
Exactly, now the whales and the institutions are buying at very low prices thanks to all those who are afraid and sell. That is nothing new, it has been done since the market was born, that's why I don't understand why people don't search for information and read a bit about the history of cryptocurrencies. Not only would they know good advice, but they could also make money instead of losing it.
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Don't be easily influenced by news about the Cryptocurrency market, because actually bad news about Crypto is done by some groups for personal gain. If the price goes down, don't panic, because if we panic, it's a loss for us. I think the Cryptocurrency market will be fine, and prices will increase even if slowly.
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We have to understand well the very nature of the media including those who are focusing on cryptocurrency. They are usually using attention-grabbing sensational headlines to get as many views as they can because that is the basis of their making money. These terms are usually including crash, collapse and yes break down. They are usually so gloomy and this is always happening when there is a big dip...but by the time when cryptocurrency is on up again these people will be spreading all the praises they can and be spreading positive news. They are just actually serving what the people are inclined to believe.
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A break down market is a great time to buy coins, either for trading or for long-term investment. But before deciding which coin to buy, we must be sure that the price of the coin will increase even though the increase is small. Because in Cryptocurrency the market conditions will not be down forever, there must be a time to go up. So please calm down and don't panic.
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I see the market that this is the time for us to buy and hold for a long time again. With the hope that the price will return to the way it was at the beginning of this year
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I see the market that this is the time for us to buy and hold for a long time again. With the hope that the price will return to the way it was at the beginning of this year
I think this is just the beginning, deeper corrections will occur again until the time has not been determined, my friend. Don't be too quick to make decisions, analyze it first, friend.
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If the market falls, it usually happens in the early days. The current fall in prices has been going on for more than two weeks. Bitcoin has already stabilized in price at $ 35,000 and is unlikely to fall even deeper. A period of prolonged stagnation is possible, but no further decline. I think that further market growth is possible in the fall.
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I have some new coins and am not thinking of selling them because the market situation is not good for trading.
some big Investors may buy BTC and other top altcoins because BTC price is still under $40k.
my friend also mentioned the BTC price might drop below $30k if the current support level drops to $32k. but it's all based on technical analysis that has gone through several stages and I think the current market situation is still good to buy some altcoins for the short term.
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Most currencies in the crypto industry today are challenging. Because nowadays most currencies have improved a lot. Plus it’s going to be like 2018 very soon. In 2018, the situation in the crypto market was much worse. Currently, the situation in the crypto market is deteriorating. The prices of most cryptocurrencies have started declining. So crypto market conditions will not improve much.
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it is absolutely true that some dumps are been manipulated and some times, the bull market is also been manipulated. the market is still growing and gradually, it will get to a time where this market is free from manipulation. when whales will have no control of the market just like the traditional market where no one control or dictate market direction.
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There are many crypto channels spreading that crypto will break down shortly as like as 2018. As a result most of the little holders selling their assets at a low price and face a big loss.What do you think is it true,Crypto break down? I don’t believe that and it is not possible at this moment but we know that crypto is volatile and most of the time it is forced by hype. It is a strategy of the blue whales. What do you think in this concern?
Yes, crypto currency is volatile, we should wait.
As you said, It's just market strategy of big investors.
I still believe it's just correction of crypto currency.
So, I think the market will bounce back again, I hope It will happen at this month.
Keep calm and wait.
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In the case of crypto,We have seen before that its market collapsed and it was rebuilt a few days later and the price went up at that time.What do you think is it true,Crypto break down?.I don't understand why people don't search for information and read a bit about the history of cryptocurrencies.Not only they get some news but also they earn some money.Tough it is tough to hold during this red market. But awarding to wait once the full recovery take place light a blink of an eye (when rapid pump).
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Most currencies in the crypto industry today are challenging. Because nowadays most currencies have improved a lot. Plus it’s going to be like 2018 very soon. In 2018, the situation in the crypto market was much worse. Currently, the situation in the crypto market is deteriorating. The prices of most cryptocurrencies have started declining. So crypto market conditions will not improve much.
it's true that 2018-2020 was a bad year for cryptocurrencies, almost all crypto users almost gave up including me too. but bright hopes happen again in 2021, and maybe 2022 will follow 2018 as it sees a continued red market.
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Most currencies in the crypto industry today are challenging. Because nowadays most currencies have improved a lot. Plus it’s going to be like 2018 very soon. In 2018, the situation in the crypto market was much worse. Currently, the situation in the crypto market is deteriorating. The prices of most cryptocurrencies have started declining. So crypto market conditions will not improve much.
it's true that 2018-2020 was a bad year for cryptocurrencies, almost all crypto users almost gave up including me too. but bright hopes happen again in 2021, and maybe 2022 will follow 2018 as it sees a continued red market.
That is not true, 2020 was the best year to invest. Especially for the newcomers to crypto. You can benefit from that now.
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That is not true, 2020 was the best year to invest. Especially for the newcomers to crypto. You can benefit from that now.
in 2018 to 2020 the price of crypto is still low, there is no drastic increase, friend, for 3 years the market price has decreased for sure many people are desperate. and now in 2021 the price is starting to skyrocket where new entrants are popping up because crypto is being famous everywhere. If the market returns to the way it was in 2018 will the newcomers be mentally strong and keep their coins from being sold?
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we have noticed that the crypto currency market have really break down in the past few days i also think that it will be recover within few days back. Because ups and down is the fundamental issue for blockchain so there is no alternative way without raising price.
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THe dip market has been here since several days ago. The FUD about Bitcoin and also cryptocurrencies in several countries really give a very bad impact on the market. All prices are crashed more than 50% I think. So many people are stressed with this situation, including me hahaha
SO, be patient mate, the market is still here, down.
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This has been coming in time past, even when some government is going against it did not collapse, now when some government has now start give it back it will now collapse. Don't think it can break down.
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THe dip market has been here since several days ago. The FUD about Bitcoin and also cryptocurrencies in several countries really give a very bad impact on the market. All prices are crashed more than 50% I think. So many people are stressed with this situation, including me hahaha
SO, be patient mate, the market is still here, down.
Yes, I agree, we must be patience. Everything will be okay. As may people said the market will recover again and bullish season will happen at September this year.
By seeing the market progress now, I see market starting to recover.
So, I believe market will green again, as many people predicted.
Let's wait the market progress.
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Crypto currency market is always ups and down so it may down any time but sometimes it may break down it is happening right now because every coin in the market is going to the surface. Its really not happen every times it actually happen sometimes i think we are facing this problem right now.
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Crypto markiet is hoighly volatile and can change its mood for som,e fuds. Also the reverse is also possible we cannsee some bulloish ,moves as new good news are coming. But technically i dont think it is like 2018 because in 2018 we have see rapid dump in the market but now it is not dumping rapidly rather it is a but stable now.
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From the little research have made and from what I understand I don't think cryptocurrency is broken down I just believe people are just manipulating the market curr which I believe is just temporary things will come back to normal very soon so you don't have to be scared and you don't have to sell your coins at lost just have patience and keep on holding.
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We are already tired of this down-market trend. Although it may be only a short bearish trap, it really hurts most of us especially because of the very dropped assets. Although we may not sell them at all when the price falling down, it really give a very big impact on the market. we are seeing forward to how the next market will be. This is the weekend and hopefully, there will be no bloodbath again in the crypto market.
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From the little research have made and from what I understand I don't think cryptocurrency is broken down I just believe people are just manipulating the market curr which I believe is just temporary things will come back to normal very soon so you don't have to be scared and you don't have to sell your coins at lost just have patience and keep on holding.
Yes, You're right. I agree with you.
I think It's just market manipulation.
Whales and big investors already played market strategy to buy more at cheaper price.
So, We should wait and hold our coins.
Don't be panic.
I believe market will recover again.
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That is not true, 2020 was the best year to invest. Especially for the newcomers to crypto. You can benefit from that now.
in 2018 to 2020 the price of crypto is still low, there is no drastic increase, friend, for 3 years the market price has decreased for sure many people are desperate. and now in 2021 the price is starting to skyrocket where new entrants are popping up because crypto is being famous everywhere. If the market returns to the way it was in 2018 will the newcomers be mentally strong and keep their coins from being sold?
So according to your theory, is it better to buy when the price goes up or is already at its peak?
Think about what you just wrote.
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There are many crypto channels spreading that crypto will break down shortly as like as 2018. As a result most of the little holders selling their assets at a low price and face a big loss.What do you think is it true,Crypto break down? I don’t believe that and it is not possible at this moment but we know that crypto is volatile and most of the time it is forced by hype. It is a strategy of the blue whales. What do you think in this concern?
I think that was an obvious manipulation Mate, they are creating and spreading "FUD" so that the weak hands will be panicked and sell their holdings, nothing new about it whales are expert with that kind of trick, especially in today's bullish market trend we all know that many noobs are riding in the recent bull run so they are a soft target by those FUD and whales are watching to catch their holdings at a much lower price.
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There is nothing to be disappointed if the cryptocurrency market is dumped. It is only natural that the cryptocurrency market will pump and dump. I don't think all of us would panic if the cryptocurrency market dumped. The market should wait to pump again. I think this is a very good time for traders to dump this sudden moment in the market. At this point traders can choose the right currency and then pump the market. Then they can get good results from that coin.
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I'm not worried about the price crash lately. I still believe that the price will rise and reach a bullish peak at the end of the year. if you have several altcoins, don't sell cheap, hold on until the price increases
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It is a strategy of the blue whales.
I agree with you, bro. It is just a strategy made by whales to buy more crypto coins at cheap prices. They want to buy more crypto coins to fill their wallets before the next pump in crypto prices. It is very strange that the prices of most crypto coins are dropping significantly in the last few months. We are actually still in the bullish trend phase, the prices of crypto coins should be increasing.
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Yes, I think about it. The Crypto market is likely breaking down and being sideways right now. The price of Bitcoin as the most influencing crypto is still at the lower rate. This is not good enough moreover this is confusing whether going to be a bearish time or even bullish season still. But at least, we can still expect the miracle happens in this year.
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I don't think that will happen, maybe the breakdown will occur at the end of this year precisely not now. Due to the fact we're on bearish season doesn't mean, market will recover and drop later
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The prices of all currencies are currently down in the cryptocurrency market. As a result, many people have become frustrated. The cryptocurrency market is not always stable at the same price, its price may go down at any time and its price may go up at any time. Otherwise, the amount of investment will not increase. Now is the right time for long term investment. Now let's check which currency will be good for long term investment. It is a good time to buy and invest. There are some who use false propaganda to discourage people and use it as a means of making money. So we will be patient in the cryptocurrency market without getting frustrated or scared. In the cryptocurrency market, prices may rise at one time and fall again. The price of all coins in the cryptocurrency market is now a little lower. Everyone is patient, the price of currency will increase a lot in the future..
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If every time the market falls people believe that the end of cryptocurrencies is near, any day you will have a heart attack. The market is where it should be and nothing has ended. You have to be patient and also learn and understand what the history of cryptocurrencies is like and why they have gotten to where they are now. Living in fear of the market situation is not living, learning and understanding is living.
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I'm not worried about the price crash lately. I still believe that the price will rise and reach a bullish peak at the end of the year. if you have several altcoins, don't sell cheap, hold on until the price increases
Me too, I also believe crypto currency price will rise again.
I have asked several investors they still wait and hold their coins.
So I confident we will see the bullish at this year.
If you have coins, don't panic selling.
Hold it and wait.
I see the market starting to recover again now.
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If the market falls, it usually happens in the early days. The current fall in prices has been going on for more than two weeks. Bitcoin has already stabilized in price at $ 35,000 and is unlikely to fall even deeper. A period of prolonged stagnation is possible, but no further decline. I think that further market growth is possible in the fall.
These few days the market is starting to show red color, not only bitcoin but altcoins are also red, I think this is the beginning of a big dump
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There are many crypto channels spreading that crypto will break down shortly as like as 2018. As a result most of the little holders selling their assets at a low price and face a big loss.What do you think is it true,Crypto break down? I don’t believe that and it is not possible at this moment but we know that crypto is volatile and most of the time it is forced by hype. It is a strategy of the blue whales. What do you think in this concern?
I also agree with you on the matter. I have also noticed in various forums that some people are saying that the crypto market will collapse like in 2016; Many new and small investors have panicked and sold their cryptocurrencies at low prices. I think in crypto it is a normal process and it was also needed after continuous growth. The technique of blue whales also works here. I believe that crypto will not collapse like it did in 2016 as there are many institutional investors now.
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The unpredictable and risky market place which is cryptocurrency has gone down . The investors and holders both are feeling confused and thought what will happen next in cryptocurrency market cap . People wait and wait when the big bull run starting . For these reasons the crypto going slow many holders sell their coins low rate but my experience and my prediction is saying just wait a week then the crypto must rise and pump their top level . So I appreciate crypto gone down but crypto not break down .
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What I think about the rumors that Cryptocurrency is going to breakdown as you can see that some of the Cryptocurrency influencers has some strategy of breaking down the system in other for newbie in the Cryptocurrency system to sell off there assets so that they can buy more of the Bitcoin and other altcoins that's what I think happening in the Cryptocurrency market causing the rise and fall.
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There are many crypto channels spreading that crypto will break down shortly as like as 2018. As a result most of the little holders selling their assets at a low price and face a big loss.What do you think is it true,Crypto break down? I don’t believe that and it is not possible at this moment but we know that crypto is volatile and most of the time it is forced by hype. It is a strategy of the blue whales. What do you think in this concern?
I also have noticed that some FUD news here amd there. As a real investor and holder i never get panicked on any FUD news. It is may a strategy of whale investor as you said i also have doubt on this. On the other hand market is starting recover it is a positive sign.
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Most currencies in the crypto industry today are challenging. Because nowadays most currencies have improved a lot. Plus it’s going to be like 2018 very soon. In 2018, the situation in the crypto market was much worse. Currently, the situation in the crypto market is deteriorating. The prices of most cryptocurrencies have started declining. So crypto market conditions will not improve much.
Not necessarily. It is a function of a temporary bear situation that sentiment is low at the bottom.
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For people who are still not clear about it, the market can continue to fall, it depends mainly on what the whales do and how far they want to take the price. It is a game to see who can resist the most, the whales buying non stop or the different levels of resistance that are in the market. Anyway, everything could change at any moment.
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If more FUD going on in the crypto world for sure the market will go down deeply just like 2018 and chances we will facing another year of the down market, I hope this will not happen in the future.. Right now bitcoin shows a good movement I hope this will continue so that the altcoins will follow as well.
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There are many crypto channels spreading that crypto will break down shortly as like as 2018. As a result most of the little holders selling their assets at a low price and face a big loss.What do you think is it true,Crypto break down? I don’t believe that and it is not possible at this moment but we know that crypto is volatile and most of the time it is forced by hype. It is a strategy of the blue whales. What do you think in this concern?
Maybe the breakdown is already happened. The current deep in the price of bitcoin now which we know or refer to as price correction has gone to the lows and we are expecting that the price which has so far brought forth some significant changes for an uptrend, which is something that we all are expecting.
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Maybe the breakdown is already happened. The current deep in the price of bitcoin now which we know or refer to as price correction has gone to the lows and we are expecting that the price which has so far brought forth some significant changes for an uptrend, which is something that we all are expecting.
The worst may be over, but it may also be yet to come. In the current market situation, it is even more difficult to know where it will go in a very short period of time. It is true that the latest statements by Elon Musk (I don't like that either) have raised the value a bit, I do not think we can trust anything since at any moment we could witness the dead cat jump and fall into a trap.
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There are many crypto channels spreading that crypto will break down shortly as like as 2018. As a result most of the little holders selling their assets at a low price and face a big loss.What do you think is it true,Crypto break down? I don’t believe that and it is not possible at this moment but we know that crypto is volatile and most of the time it is forced by hype. It is a strategy of the blue whales. What do you think in this concern?
You're all right. Because I also don't think that it will be like 2018. In 2018, for 2-3 months, Bitcoin Etherium went to the highest price. But since 2020, it has been growing steadily. It did not increase at once. Again you are talking another thing most of the time it is forced by hype. I saw it too. But I think Bitcoin will go to 80,000 by the end of this year.
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To be honest do not be influence by negative news. If you are affected maybe you may lose your hidden potential holding so easy. Be responsible and do some research to strengthen yourself from negative news circulating. Before selling make it worth not worthless.
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Anything is possible, because we are now witnessing a deep correction of the market, which does not end, maybe we will all go into crypto winter, where there will be no volatility and earnings, I really would not like this. Perhaps by the fall, we will all see the stabilization of the market, because many herald the era of technological altcoins by the fall, we just have to wait.
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Anything is possible, because we are now witnessing a deep correction of the market, which does not end, maybe we will all go into crypto winter, where there will be no volatility and earnings, I really would not like this. Perhaps by the fall, we will all see the stabilization of the market, because many herald the era of technological altcoins by the fall, we just have to wait.
I think It's just correction, after dumped we will see crypto currency will go up and and bounce back.
I have seen many investors still believe bitcoin and altcoins will have good bullish at this year.
I think It wilk happen at the end of this month or early next month.
Bitcoin still have potential to grow, I don't bitcoin and altcoins will end.