Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: MrSpasybo on December 04, 2021, 10:14:42 PM
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The crypto community is quite surprised by the drop of the crypto market, in just a few hours, the price of BTC dropped to 42K USD, or 28K USD on Huobi. I don't know of any negative news that can have such a big impact on the crypto market, so I think it's a bear-trap for weak hands to leave the market and also for exchanges to make profit by liquidating LONG orders.
I'm holding MIOTA & ENJ, I haven't touched them in months, and I believe their potential is huge. I still think Altseason will come in the near future.
How about you? Do you believe the market has just undergone a minor correction? Did you sell today hoping to buy it back at a lower price? Do you still stay with the crypto market?
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I'm worried for traders whom experienced to be liquidated again in unexpected season. Another graph to hell that destroy the TA of analyst and pro in crypto.
Before the crashed to hell, already swapped small amount of unstable crypto to BUSD. I'm really surprised to see the market is bloody in this season. Also I'm in vacation now so I'm not really so much attach to crypto every single hour.
I have some crypto that rekt me. But, of course we know how the market behave. In due time rebound is real.
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The price of Bitcoin and other coins is rising gradually. It seems to me that the correction of the market is over. I have not received any news of market correction from any trusted news portal. As a result, I did not sell any of my crypto.
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I think the correction may be caused by the manipulation of some whales. They probably want to buy coins/tokens at a very cheap price. Then, they may plan to sell it in the upcoming biggest pump. They seem already predict that the next pump will happen in the near future. So, they are starting to prepare adding more coins/tokens to their wallets now.
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The price of Bitcoin and other coins is rising gradually. It seems to me that the correction of the market is over. I have not received any news of market correction from any trusted news portal. As a result, I did not sell any of my crypto.
Selling your crypto asset at this point where the market dump would be a bad decision before the end of the year. Congratulations to you for holding your coins.
Having some stable coins will save you from worrying. The entire market crashed so everything experience the same but not are all the same with regards to approach and thinking.
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Keep hold until end of this year, I think we will see the bullish again before end of this year.
By seeing the chart now, bitcoin is recovering again.
Maybe It's just market strategy from whales to buy more before the bullish.
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The Bitcoin crash made into the Twitterverse with that hashtag making one of the trending ones. Must be telling us that people are now really into Bitcoin. Anyway, the crash has no strong reason behind it and maybe it is time we have to accept that this is one of the hallmark nature of cryptocurrency - going up or going down dramatically for no visible reason. Hodlers are not so concerned with anything like this because they already closed their eyes and stopped their itching fingers weeks ago.
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Prices again went up rather quickly, and this indicates that the previous fall was most likely associated with the release of large batches of bitcoins or other cryptocurrency onto the market for sale. Over the next few days, prices should recover again, but this does not exclude the possibility that the situation with the fall will not be able to repeat itself. In any case, nothing significant happened and the cryptocurrency should continue its growth again.
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I hope this is just a correction and the $ 100,000 mark is still set ahead of Bitcoin. Agree, it would be difficult to go up if there were no market corrections. I think we still have a couple of months in stock.
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IMO, at this point in time, the crypto market has shown its volatility just imagine in just a few hours, the marketcap has loss Billions of dollars in instant, without any major FUD or whatsoever, that's why it's a pure correction driven price dip, and we can't deny that the recent price drop has caused a market-wide panic selling and we can easily notice that in the chart.
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This is the time I get my USDT and USDC to use. I have only a couple thousands . Even if bitcoin goes down further, I plan on filling up some of my bags, especially bitcoin, Ethereum and some top meme coins like Shiba and Doge
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The market is not going to fall down yet, it can be seen how the market is recovering very quickly. The signals also show that the market will increase, this can be seen on the monthly chart, do not worry now.
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I am not sure the market will recover now or not but I think the market may recover at the end of of this years. But if you look to the Bitcoin price chart from 2009 to till now, you will see when NOvember month goes read, December goes red too. and this is what happening this month. I am confused because my investment get rekt already mate .
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The market is not going to fall down yet, it can be seen how the market is recovering very quickly. The signals also show that the market will increase, this can be seen on the monthly chart, do not worry now.
Yeah, by seeing the signal I think market will recover soon.
No worries about market
Keep hold and wait, Believe it , the market will go up and touch new ATH again soon.
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This is the time I get my USDT and USDC to use. I have only a couple thousands . Even if bitcoin goes down further, I plan on filling up some of my bags, especially bitcoin, Ethereum and some top meme coins like Shiba and Doge
Regarding Bitcoin and Ethereum, I completely agree with you. Maybe even Dogecoin is included here, but shiba? Don't you think it's too late to buy it, because it has already increased in price several times?