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Author Topic: All market down & are you depressed?  (Read 13044 times)


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Re: All market down & are you depressed?
« Reply #15 on: January 11, 2021, 02:41:01 PM »

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Re: All market down & are you depressed?
« Reply #16 on: January 11, 2021, 03:56:19 PM »
The state of the cryptocurrency market is currently unstable and tends to be "red". For example, today bitcoin fell 17%, and many other coins followed this trend. But it doesn't stress me out, even though I have a loss, it doesn't matter, because I hold bitcoin for the long term, not the short term.
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Re: All market down & are you depressed?
« Reply #17 on: January 11, 2021, 04:06:45 PM »
The state of the cryptocurrency market is currently unstable and tends to be "red". For example, today bitcoin fell 17%, and many other coins followed this trend. But it doesn't stress me out, even though I have a loss, it doesn't matter, because I hold bitcoin for the long term, not the short term.
Not only Bitcoin, many other coins are also priced down.  Even Bitcoin has fallen by about 20%. This has really taken the value of my assets down, I hope the price will come back soon so that I can calm down. 
If you hold Bitcoin for the long term it doesn't matter, because the Bitcoin price I am sure will experience a higher rise again.
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Re: All market down & are you depressed?
« Reply #18 on: January 11, 2021, 04:25:23 PM »
Market situations like this have often happened, but in just 1 day the price of Bitcoin fell to $32k. As long as you keep the coins and don't sell them, I think you have nothing to lose, but what I'm worried about is that when you panic, you will get a big loss, because you are selling the assets you have at a low price.
So, this is a situation when we invest in crypto, the price will always go up and down quickly.
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Re: All market down & are you depressed?
« Reply #19 on: January 11, 2021, 05:02:28 PM »
Market situations like this have often happened, but in just 1 day the price of Bitcoin fell to $32k. As long as you keep the coins and don't sell them, I think you have nothing to lose, but what I'm worried about is that when you panic, you will get a big loss, because you are selling the assets you have at a low price.
So, this is a situation when we invest in crypto, the price will always go up and down quickly.
I believe that prices fell only because some cryptocurrency users wanted to profit from Bitcoin's $ 40,000 hit. They sold and made a profit, And at $ 36,000, words will buy. In any case, the market will start to rise again in the near future.

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Re: All market down & are you depressed?
« Reply #20 on: January 11, 2021, 05:30:25 PM »
Today i see that whole crypto market has Red and all my Favorite altcoins price has big dump. It's main reason is Bitcoin price we know the Current bitcoin Price. And not has anything for Depression it is normal for Crypto market and Traders.     

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Re: All market down & are you depressed?
« Reply #21 on: January 11, 2021, 05:56:19 PM »
If you are matured in this field of business in cryptocurrency, no reason for you to be depressed even the market was down.
Instead, you should be glad, because it is a good opportunity to buy in the dip then Hold again in a little bit for us to earn again, just like the old members did in this situation by now.
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Re: All market down & are you depressed?
« Reply #21 on: January 11, 2021, 05:56:19 PM »


Offline Blue_sea

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Re: All market down & are you depressed?
« Reply #22 on: January 11, 2021, 06:43:52 PM »
As a trader i always think positive. The current market is down trending but i am not confused about it because i know that current market very much high before all of its history. So i think it may just correction. It can be up again. This is natural trend of crypto currency.

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Re: All market down & are you depressed?
« Reply #23 on: January 11, 2021, 06:57:18 PM »
I am not depressed as I have seen even larger and more protracted falls in the past.  I buy Litecoin little by little, as I think that this coin will later give more growth from large cryptocurrencies.

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Re: All market down & are you depressed?
« Reply #24 on: January 11, 2021, 07:31:31 PM »
The market will be good at one time, bad at another. This is normal. However, there are many currencies in the market, most of which are not successful. In other words, the #DevelopmentTeam  does not think about the development of technology. However, if there is any improvement, the price will fluctuate. This is the religion of the cryptocurrency market.

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Re: All market down & are you depressed?
« Reply #25 on: January 11, 2021, 07:34:27 PM »
I can't deny that I wasn't shocked to woke up and see the market all red and down, I have already sold some of my assets to usdt and left some just in case, so as it is am not scared at all, but am not happy with the current situation either.

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Re: All market down & are you depressed?
« Reply #26 on: January 11, 2021, 07:41:31 PM »
No need to worry now is the phase for the market to take a break. I'm sure the prices will be back up in a few days. Right now I'm just saving my money waiting for the perfect time to buy altcoins
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Re: All market down & are you depressed?
« Reply #27 on: January 11, 2021, 07:44:27 PM »
Of course, bitcoin went down a lot ,I didn't even have time to send anything to usdt to translate what it was, no one knows,it's good that bitcoin played back a little and grew from$ 31 thousand to$ 35 thousand, otherwise the panic could return bitcoin to$ 20 thousand and below.
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Re: All market down & are you depressed?
« Reply #28 on: January 11, 2021, 07:46:56 PM »
I think some times price decreasing is good for market. There are lost of coins which are decreasing their price 20-30 % form the last day. It is huge decreasing but very simple. When price got decrease then market correction will be held.

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Re: All market down & are you depressed?
« Reply #29 on: January 11, 2021, 11:11:04 PM »
No, instead I buy more crypto coins once the price is decreasing. I know it is still in a bullish trend, the drop should be just temporary. The price will increase again in the next few days. I think it is just a market correction and may be manipulated by whales to collect more coins at cheap prices. So, don't need to be afraid.
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