Red Candles dominating the crypto market

[Bobcrypto]

Memes will always be in the red because that's just how they work. Memecoins entire business model us to go up in the green for a short time, but really big, and then be in red for the rest of the time.

Now as for the rest of the crypto market, I have no idea why they are down all of a sudden, but it appears to be a pretty big deal because everyone is basically speculating on the reason and nobody really knows why.

Most memecoins follow the Bitcoin trends, they are not exceptional on the red or green candles. Obviously bitcoin drives the market, its no longer a news, we have seen it overtimes. Dogecoin, pepe, shibainu most frequently followed the Bitcoin trends even in the past three days, Bitcoin has been showing red candles, unfortunately, no other coins, or meme are moving during this dip.

I will confirm to you that the bitcoin dominance is the reason for all coins down trends movements.

[dave_strider]

Memes will always be in the red because that's just how they work. Memecoins entire business model us to go up in the green for a short time, but really big, and then be in red for the rest of the time.

Now as for the rest of the crypto market, I have no idea why they are down all of a sudden, but it appears to be a pretty big deal because everyone is basically speculating on the reason and nobody really knows why.

Most memecoins follow the Bitcoin trends, they are not exceptional on the red or green candles. Obviously bitcoin drives the market, its no longer a news, we have seen it overtimes. Dogecoin, pepe, shibainu most frequently followed the Bitcoin trends even in the past three days, Bitcoin has been showing red candles, unfortunately, no other coins, or meme are moving during this dip.

I will confirm to you that the bitcoin dominance is the reason for all coins down trends movements.

Bigger memes move with Bitcoin.
Smaller ones - they follow the hype and the influencers, mostly.
Because they are easily controlled with such small caps and no utility.

[Vx1]

Memes will always be in the red because that's just how they work. Memecoins entire business model us to go up in the green for a short time, but really big, and then be in red for the rest of the time.

Now as for the rest of the crypto market, I have no idea why they are down all of a sudden, but it appears to be a pretty big deal because everyone is basically speculating on the reason and nobody really knows why.

Memecoin That's right, there are only one or two memes that can last long in the green zone. Therefore, we must be smart in choosing which memes we will buy, and what needs to be considered is that it is not often that the meme price experiences ATH for the second time. So if we have a meme coin and it has reached the ATH price, we should immediately sell and leave it, then we look for a new meme again.

[jeraldskie11]

Memes will always be in the red because that's just how they work. Memecoins entire business model us to go up in the green for a short time, but really big, and then be in red for the rest of the time.

Now as for the rest of the crypto market, I have no idea why they are down all of a sudden, but it appears to be a pretty big deal because everyone is basically speculating on the reason and nobody really knows why.

Memecoin That's right, there are only one or two memes that can last long in the green zone. Therefore, we must be smart in choosing which memes we will buy, and what needs to be considered is that it is not often that the meme price experiences ATH for the second time. So if we have a meme coin and it has reached the ATH price, we should immediately sell and leave it, then we look for a new meme again.

I agree. Most of them will not break their ATH but to continue falling its price. That only means that there are no serious investors behind that nor the team. If the team is serious with the project usually they already have private investors before they decide to launch. Sadly, it happens often on memecoins and we should noticed it in the first place from the word "meme" you will understand that there's no guarantee to generate a profit from it. However, there are still good memecoins to invest nowadays because there are some who can provide utility.

[armanda90]

I think red candles keep dominating for cryptocurrency market until one week later after Donald Trump appointing as US president at 20 January, difficult for stopping bitcoin correction after recovery above $102k last several days ago and right now bitcoin drop until $92k. Red candles get more longer time dominating after bitcoin recovery last several days ago and right now have been three or two days with bitcoin and cryptocurrency market going down.
In this position wish have good announcement from Donald Trump about cryptocurrency until his appointing moment come to make bitcoin and crypto return back to higher price.

[ZAINmalik75]

No doubt, as the year changes and the workday begins, the holidays are over, crypto starts to climb back up. Even after I saw CMC today, I was surprised because most of the crypto has started to turn green. And even the price of BTC has reached more than $97k for its highest. So fast is the movement. Most crypto has increased, even coins like XRP, ADA, and some other coins have increased more than 10%.

Moving up and down approximately 10% is not a big deal for alts from 1st Jan to till now they have moved 10% and down few times and many has pumped 100% even. This dump has created a panic in the market that maybe we are going to test $88k support which can be a bearish sign but fortunately price recovered after going a little below the big support.

Alts like XRP, ADA, Pepe etc. are being accumulated by whales on daily basis but on this dump they sold their XRP and ADA in big amounts.

[Hisbullah]

I think red candles keep dominating for cryptocurrency market until one week later after Donald Trump appointing as US president at 20 January, difficult for stopping bitcoin correction after recovery above $102k last several days ago and right now bitcoin drop until $92k. Red candles get more longer time dominating after bitcoin recovery last several days ago and right now have been three or two days with bitcoin and cryptocurrency market going down.
In this position wish have good announcement from Donald Trump about cryptocurrency until his appointing moment come to make bitcoin and crypto return back to higher price.

I think after trump inauguration bitcoin price will have a good price increase and crypto market will be green.
currently bitcoin price is back up to $95K , so stay calm bitcoin will hit ATH this month.

[enwi]

I think red candles keep dominating for cryptocurrency market until one week later after Donald Trump appointing as US president at 20 January, difficult for stopping bitcoin correction after recovery above $102k last several days ago and right now bitcoin drop until $92k. Red candles get more longer time dominating after bitcoin recovery last several days ago and right now have been three or two days with bitcoin and cryptocurrency market going down.
In this position wish have good announcement from Donald Trump about cryptocurrency until his appointing moment come to make bitcoin and crypto return back to higher price.

It remains true that the current state of the market that exhibits pressure does deserve everyone’s attention. Though the price of bitcoin and many other altcoins has gone down in the last few days, we can still make a hope of this market. Such changes are inherent in the crypto world, and quite often they become a chance for a better assessment or, at least, behaviour. There are high expectations that some changes can occur which will significantly affect the crypto market. If later there are announcements or supportive steps from related parties, this will of course be beneficial for stabilizing the mood of the market, and stimulate more active movement in a more stable direction. Let us sustain the belief on the future of this market.

[ZAINmalik75]

So investing involves taking certain steps carefully. When we are going to use a loan and how, we consider how manageable the payments will be no matter what trends in the market. Because no one can guarantee when an asset value will increase or decrease, market timing is a trap. A safer choice is starting an investment with funds that we really have because we will not be stressed with increases of financial obligations if the invested money does not yield the expected results. Without planned risk taking, taking big risks only piles burden on ourselves. Steps we can take to get us away from huge losses in the future are managing expectations, and staying in our means.

If we stay in our limits and will be expecting realistic results from our investments then we certainly be making profit because newbies have heard those stories of how people bought BTC in 2020 and now made huge returns on it and how many missed the opportunity to buy so to not miss another one they buy now.

There are big investors hesitating to invest in BTC because they don't want 2x from BTC in the next 10 years. They want 100x in the next 10 years from alts so they are now investing in them. More risk will bring more reward and lose too. Playing safe will always make us lesser profit.

[Pablo-wood]

We have had series of lower highs and higher lows which indicates a strong bearish move that might not recover any time soon. The best approach towards investing this period is applying excessive caution to avoid been trapped in the bear. If the project doesn't have the characteristics for a long term goal then it is not worth your currency.

[tequilla_sunset]

We have had series of lower highs and higher lows which indicates a strong bearish move that might not recover any time soon. The best approach towards investing this period is applying excessive caution to avoid been trapped in the bear. If the project doesn't have the characteristics for a long term goal then it is not worth your currency.

Just wait.
The next months would be good for the market, in my opinion.
Nothing wrong with some dips along the way to a better future and new ATHs broken.
It always was this way.

[yohananaomi]

#
There are big investors hesitating to invest in BTC because they don't want 2x from BTC in the next 10 years. They want 100x in the next 10 years from alts so they are now investing in them. More risk will bring more reward and lose too. Playing safe will always make us lesser profit.

We cannot limit someone's choice and that is his right as the one who has funds, but whether it is natural and whether it can happen well, should also be thought of before doing what is done. Playing safe on Bitcoin is a natural thing and with a small risk, but the purpose of the profit is certain. But looking for more profit can also be done as long as you can control yourself and not be carried away because the intention of seeking large profits will certainly bring a very large risk of loss.

[ZAINmalik75]

We cannot limit someone's choice and that is his right as the one who has funds, but whether it is natural and whether it can happen well, should also be thought of before doing what is done. Playing safe on Bitcoin is a natural thing and with a small risk, but the purpose of the profit is certain. But looking for more profit can also be done as long as you can control yourself and not be carried away because the intention of seeking large profits will certainly bring a very large risk of loss.

If we move before more profit then we will be easily carried away by these profit and at some point we will make a mistake that can cause us financial crisis I can be wrong that's why we must take advices from our friends, finance experts etc. If we are not experts because if a person is not expert and cannot limit their choice and buy all the dips then at some point when another dip will come in order to make more profit.

That person will take loan on high apy to buy the dip and that would not a dip too and that borrower is not stuck he have to give interest to the lender now therefore avoid taking loans, to make more money always stick with our own game.

[pieppiep]

#
There are big investors hesitating to invest in BTC because they don't want 2x from BTC in the next 10 years. They want 100x in the next 10 years from alts so they are now investing in them. More risk will bring more reward and lose too. Playing safe will always make us lesser profit.

We cannot limit someone's choice and that is his right as the one who has funds, but whether it is natural and whether it can happen well, should also be thought of before doing what is done. Playing safe on Bitcoin is a natural thing and with a small risk, but the purpose of the profit is certain. But looking for more profit can also be done as long as you can control yourself and not be carried away because the intention of seeking large profits will certainly bring a very large risk of loss.

As to the management of the available funds, it is indeed completely in our discretion, however, it is still wise to think twice before acting. It is rational to select the least risky approach to buying bitcoins since with less risk, steady profits are well assured. But, of course, if there is a desire to achieve higher results, we have to make sure that even in the pursuit of better outcomes we do not let ourselves go as far as disregarding self control. That way, there will be less likely a lot of scope for major losses since most actions taken won’t be and will not be overly emotional. In conclusion, pursuing risk awareness, and being realistic is the most important thing in all the steps we undertake to make sustainable delivery of benefits.

[Zed0X]

The market turned red when Trump didn't mention crypto in his inaugural speech but market is recovering now. Is there anyone here who expected him to say something about the bitcoin reserves or about his official token? I'm surprised that there are people complaining about it.