Bitcoin Forum

Hello people,

First of all... yes i hold btc and altcoins :) i believe in blockchain and so on... anyway

But what if, when this "correction" is not a correction..
Rather the beginning of the end of the cryptomarket, as we know it...

I missed the chance to sell at the high, but never thought, that the market is falling so fast and so strong...
at the moment, we cannot say where the bottom is... almost no moves up..
just crazy... so much money goes away from the market..

We're not.

h

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LOL, you came to know about it now. Its not too late. You can still get out of it before the market gets to 100 billion.

Surely it's okay.

Time may take a little.

But I will revive again！

It'll be fine again in a few days, then we'll be back to new ath's soon after :)

Just another year. Nothing different, nothing really changed.

i think from your experience from your account date register, you must understand that this crash always happen
just look at the chart
it is happening again
and this time, china again plus south korea
double hit  :(

yeah.. but people said it also 2000...

In times like these doubt is your biggest enemy.

it happened last year as well, nothing new. I just wish there was more finances to buy now

Every year in January was strong correction, also every two-three months we can see a correction. Stay calm, everything is okay

I won’t sell for several years if bitcoin goes below 1k

It's become quite the same song and dance.

Dont think like that,yes we all know that cryptocurrency may end one day but this time,i think this thinking is very impossible as it was now getting popular worlwide. And most country do accept it so why you're scaring yourself? just sit back and relax,everything will be back soon.

im still all invested on cryptos

i can only pray, trade, cut loss or watch the bounce ,
this two day its -35% overall , may the price tank

Yes there is a downward pressure and it will correct itself, but Bitcoin/Altcoin is here to Stay!

Have a read of this interesting article to help you understand the dynamics of the crypto markets:

http://www.businesstoday.in/opinion/columns/bitcoin-what-does-future-hold-cryptocurrencies-are-they-here-to-stay/story/268274.html

Anything can happen.

It's scary to think about but that can surely happen.. The market was so immature and unproven. A 'correction' was due, but we could be wrong. Maybe it'll stablize back at the prices they were one or even two years ago. Who knows at this point.

You are right. It could go in either direction. It can go to 0 by tomorrow. So its better for you to get out right now. That kind of thinking really says that this crashed, "weak hands are shaken", just like we are seeing in you.

You don't need to look further, Just go and see the price history of bitcoin in September, specially during the first 2 weeks when China turns it back to bitcoin. The price drops sharply and then Jamie Dimon says bitcoin is a fraud, pulling the price even further. However, in less than a month bitcoin rebounded made all-time-highs once again.

What I'm pointing out, is that there's also a chance that bitcoin can survive this slump, and fully recovered as if it didn't hit a wall previously. So if you really think that this is just the beginning of the end of all crypto's. Then you can get out of it.

Is possible this experiment might not work out as we all think but this is not the begining of the end, there are alot of price manipulation in the space both from whales and exchanges, most of this dumps are trigger by exchanges because they win in both direction on the market

What if we were not all wrong? What if people are wrong selling on loses and giving their value for bargain? Fear is the key. With fear they are controling the Earth and every country and every comunity in it. Religion control people with fear, government control people with fear. 20 days ago bitcoin was all on the news as something great and price pumped, and now people got scared becouse of some news which will be forgoten in month or two and selling everything? Do you see corelation? People act how they tell us to act. People are sheeps.

we are wrong at what? this happened everytime, people said bitcoin dead thousands of time, and it did not. So nobody is wrong here. You are the wrong one expecting a huge increase in short time without a correction in price. We just hold and enjoy the bitcoin, blockchain, technology, altcoins and increase in the price.
You missed the chance selling at high and I do believe that this is not the only chance, long term bull trend is not over yet.

yes right, we should not hesitate to buy and should always believe that this is a normal cycle. all coins fall now and it will reach the moon in the future.

No one knows...you have to go with what you believe and I believe this is just another dip...one of many.

If I am wrong then I lost my gamble.  No need stressing about it...can't change it anyway.  Go with your plan and accept the outcome.  No regrets, it will just eat you. :)

the answear is 42... or hodl. not sure yet  ;D

It won't go to zero. It'll be a slow decline with surges up because people will be in denial.  For a lot of people crypto is the only hope to wealth.  

I think eventually, some cryptos are going to provide great utility.  I don't know if anything warrants the valuations we have now though.  There is no way one ETH, which is probably coin which has the most utility is worth even $100 right now.  I mean it basically provides little utility for the person holding it.  It's a speculative bubble that most of us have profited from.  



Don't be too greedy.  Sure you could lose out on a lot of money if you cash out and the market surges but believing these HODL memes and losing money you can't afford to lose is sheer stupidity.  

I‘m only 4 weeks in crypto. Everyone talked always about holding when market is going down.

Now - the same dip as last four years before happened and everyone got scared.

Trust yourself and hodl.

please hold. as long as possible. The downside is currently temporary. will come back strong. No need to worry and worry

As it fell it will grow. Good projects are not going anywhere and people are participating in their ecosystems too.

Starting to see a little bit of green here and there .
Just keep calm and hodl .

Hold and forget about it.. Just wait and see.

There will be point when the returning will diminish, many projects will fail, but many project will succeed beyond expectation, we are seeing something really new now. Blockchain technology is changing whole industries and it is not going anywhere.

I feel like am repeating myself on what am about to say. Yo dude!  Market fall and rise, there's risk in every business (including life)  So why scare yourself  to death? There will be more falls in crypto to come.

Let us just go with the flow of the crytocurrency to make us feel better because if we go the other way it might cause dissapointment because of what is happening with the crypto, what we can do now is to wait and hope to green again.

Cryptocurrencies are here to stay. All currencies have only as much value as is given by someone. Anything of intrinsic value cannot be used as a coin. For example say  u use fish as currency what do you give when you want to buy fish?. Now as long as there are people who can mine cryptocurrency will stay. The biggest threat does not come from existing currency or govt regulations, in my opinion, since we have been there before, it comes from better alternatives. That is not on the horizon currently. If and when something arrives then we might think along these lines, But if something were to come up it is likely it will be seen in these forums first. So stay put and HODL.

Well then we will lose all our money and have regret that we didn't know better, alternatively we can sell and the market can recover and we can have regret that we didn't have belief. There is no easy out in this game.

this is the depressive guy of cryptomarket..
 you arent forced to stay here, do yourself a favour in order to not die of a hearth attack.. sell all your coins and  leave your money safe in the bank... forget bitcointalk forum and the rest of us  (strong hands) keep on playing this game! in 2 years i will laugh a lot about your 2% earned in the bank :D

I don't think so. It's just like the possibility that in a group of 1000 examinees, 900 wil get low scores and only 100 will pass.
What's happening now has happened in the past and will repeat in the future. Try to consider in the early years of bitcoin when the ATH was 1000$ and then dropped to around 400$, that's 60% down. What's going on now, is really not new and for several years, it happens in January.

For us to be all wrong (and the average people right), it would have to be due to something else. Like a world event, or some major flaw that caused Bitcoin to stop working. How could it ever go to say a dollar, when so many us here would buy all we could if the price went low enough.

Do not forget, there are always cheap price buyers! They buy the dip and it never becomes zero. As for me, such hard fluctuations are normal in market conditions. Best thing we can do is hodl.

there is no reason for the crypto market to end. We haven't reached even 1 trillion yet.

All decisions in the whole world had no assurance if you are right or wrong, because we can't know what will happen in the future.
We need to do is wait and trust and if we made wrong decisions regarding selling and holding bitcoin all we need is just accept the fact.
Because if we scared to gamble are investment, how about if we sell it immediately and the price growing up into the moon.
It was a big regrets right? so just try all the possibilities.

The cryptocurrency market will be the financial trend of the whole world, this is for sure and I do not think it will be terminated at least in a dozen years. I think this market is quite small compared to traditional markets but its potential is greatest. Current investors from the traditional markets are moving to this market and that is the opportunity for cryptocurrency to grow.

Given that there are many industry-specific uses for some of these alt coins, I can't believe this is the end of crypto.  There's just too much actual value being added within various industries.  But yes, if a coin has no other function other than being a currency, then there are only so many we need.  Some will become the digital currencies of the future and will probably have low fees and almost instantaneous transaction times.  Some of the first generation coins may indeed disappear, as their competitors provide better function use.

We already reached the bottom, and now bitcoin has gone up a little, so now we know this was nothing more than a correction caused by all the FUD, but in the case it was not a correction then there is nothing to do, I'm a holder and I'm not going to sell for a bad price.

Hold on to what you have so that you don't  say this again -"I missed the chance to sell at the high". It's going up. Wait for it.

Nah, this was just a correction, i am now in a loss of more than 20% of what i was a few days ago. But i am happy anyways, today i recovered a lot of money since everything started to go up again. Just let's give it some more time.

Why are you very scare with this situation? This is very normal hapen in any asset and also cryptocurrency.
I know its going crazy down, have you ever think when it growth and of course will down next. Always think positive.

I'm sorry, but it feels like you haven't been in crypto for a while. If you come from a stocks/financial background, yes, these jumps and dips can be scary, but they are so normal in the crypto world. When I first bought crypto, i was so scared when coins dropped 20%. Now, i barely even blink an eye because i know the market fluctuates heavily. Try finding ways to profit, or at least not take as many losses during BTC price drops, like buying tether when btc price is high, and selling tether to buy btc when the btc price is low.

Your question is relevant to the current price of bitcoin because few may think like so. But, think if you're going to get x10 or x100 times profit for your bitcoin you hold. There's always some patience required for any one who trades, that is the basic necessity of a person throughout his life to success. Please be patience and hold on your coins to reap x10 profit soon.   

What if we are wrong?  We didn't do anything but to accept that we lose our money, but I believe in crypto I know this happen is just part of volatility.

Those who truly believe in blockchain are not concerned so much with price. So that makes you only a half believer (since you have doubts if this is the correction or the end of crypto). Proof is in people like Antonoupoulos who his whole life believed in blockchain but never accumulated any of it.

Blockchain is already here to stay, whether or not Bitcoin is $1 or $1 million. I think this is a good time for a lot of us to reflect on our time with crypto. Are we going to make this all about money or are we also going to make sure we learn something good from this and participate in the changes that blockchain is making in our world?

I think most people are here because they want to make profits. They don't really care about the blockchain or the products capabilities. It is sad, but true i think.

I am holding it like im not wrong. Why ? People hardly understand blockchain and when something hard to understand and only few people understand it. It will be big. Because only few people could go rich and thats the law of this universe. Not everyone could get rich. This thing is like internet in 90's. And if we see people who take the opportunities from that internet explotion now rich. So dont worry..we are on the right path.

Exactly lol
Once at the beginning , i almost bought bitcoin, not because i thought it would make me profit, but i wanted to donate money to them like i have done a few times to wikipedia etc.
Unfortunately it was not as easy as donating money to wikipedia ( you needed wllet etc etc so i didn't)
Now my focus is profit from this

Everyone is happy when money is on the market, but everyone is afraid when the money goes down
just wait and wait... the market will become old

what an amazing recovery !

Last 5 years you could saw so many drops and you would know better.
The last drop was just a few months ago. When the market was around 76 billion it dropped below 50 billion.
Same like this one only one zero less in the number.

Cryptocurrency is very volatile, it could go way up like the price of bitcoin but it could also go way down and that is very common in cryptocurrencies. No one could really tell what the price of the coin or token would be but if you really believe in the coins or tokens that you currently have then hold on to them and their price will eventually go up.

I've actually just been reading a couple of articles that are already showing companies who are almost in the final stages of trial runs using blockchain tech (not crypto, though). Most are reporting overwhelming success, especially in lowering costs and reducing inefficiences. We're talking about oil and gas, mining (real metals not crypto) and even logistics. So yeah, even if crypto dies, blockchain will remain. By 2020, almost every industry will already be trying out blockchain solutions.

Firstly, the best thing to do when bitcoin hit the $17,000 high price is to sell some part of your holding, keep the fund till when there dump and use it buy dip. However, crypto currency have a lot of enemy but the end crypto market is not near trust me and the bottom price is $9,000.

It could all go to zero, but it won't, the community and perceived value is too damn high.

Yes, blockchain, which is the underlying tech behind bitcoin has so much to offer not just on banking industry but other institutions like gas, pharma and so on. This will replace their old and legacy systems which so much efficiency.

Maybe it could be a precursor of another big event that is forthcoming, but I don't think that the crypto market will suddenly disappear and end. Actually this is just another start of a rally that will push every coins to all time highs.

FOMO is real mate. Not only you, but there are thousands of investors who missed the chance as well. But you don't need to risk and sell when the price is down. HODL and wait it out. Nothing to worry because we will rebound as fast as we can.

If were all wrong what is right?

The US Dollar, the Euro, the Swiss Franc, Ruble, Yuan, Rupee,....

Everyone already knows whats wrong there.Talk to the Venezuelans, Half of Africa, a majority of SE Asians, they lost faith in their currencies and economies many years ago. If you believe our monetary systems are getting less corrupt, that wealth is being more evenly distributed and that fiat economies arent being curated & manipulated then we might be wrong.

If you believe otherwise then we couldnt be more right.

For huge crash we need some more united actions from different governments and banks. While they not one whole nothing super bad happens. But some actions we see already

Some countries as China or South Korea more and more press to miners and traders. What is is? Attempt to regulation or beginning of total crash? Every must decide it for self I think.

Just look at the charts... this type of correction occurs every few months, so thats normal. The correction phase is still ongoing imo.

The crypto markets won't disappear. They're too efficient to just vanish and there are no fixed times or insane fees like on traditional brokerages and exchanges. A lot of people will get wiped out at some point, but that's a common symptom of quick money and not something that will kill the market.

I think the cryptocurrency market will continue to be the world's investment trend in the present and in the years to come. Because cryptocurrency provides real value, not just a virtual asset on the internet, it has been used in many areas of life and has received tremendous support from investors. I believe the industry revolution 4.0 will be most evident in the cryptocurrency world.

Those that are panicking will for sure lose their possible profit. Backing right now in this stage the coins are now is the wrong decision. Many of the investors are afraid that the cryptos will vanish and that this is the beginning of the end. Try to stay calm and persistent because after this lowering of the prices coins will get back to their tracks when the uprising starts. This correction time is highly needed because the certain coins are obstructing the growth of the others with the constant spam on the blockchain. Cryptomarket is our new future, new technologies have risen and something so innovative cannot vanish in no time just like that.

People are striving towards the better world and the crypto market is bringing exactly that!

That will be the risk, when you invest in crypto you need to prepare yourself to lose your money, but the easiest way to detect the coin's bottom is see the market reaction and see how the investors react in the forum, when there are still a lot of people optimistic about the coin then you still can relax

Yes everytime we enter the market we should always look into the charts or history. Because this correction is always happening and this is important that we have to decides wether your btc is to sell or hold. This cryptomarket is full of unexpected move that correction is anytime. Thus, we should expect indeed that correction happen always and be ready for it.

and that is why nothing is impossible on cryptocurrency, huge crash happened lately might happen again and we dont know when it will be but for us to think that the correction happened is the start of the end i think not.

Do you take your words back?  8) when the markt goes down i follow the rule - buy at the bottom . So, i made great profit during next 2 days when the market started recover as rapid as fell down.  Don't panic, mate. The market doesnt like low hand. If you bought - HODL and don't cry.

What if we were all wrong ?? Nothing. We just lose us money and the live goes on. If you will be ‘rich’ you need take some risk and putt much money in the coins. If it rise (i think it will en it will rise much) you get much money if it crash you lost everything and thats it . Nothing to worry about

Honestly everything was goes up and down but we trust ourself that it will rise again.We don't know if the month pass by and then it goes up and that's the plan you can sell high.We should believe and think positive because   in this world cryptocurrency is our best asset to make as indivual grows up to be the list of a millionaire.Have faith and everything will follow.

No one knows what will be the exact furure of crytocurrencies, maybe it will go down and whats happening rightnow is maybe the end or maybe we it is only the start. Lets just observe it and trust it, just hod because rightnow it is the only thing we can do.
Too risky but i know all the patient we do will be paid of.

Well if you didn't expect the market to go down 30/40 % then you don't know what market you are in. This was expected and it isn't the end , this is the result of market manipulation. Which has been happening for years by whales btw. I will only get scared if i see bitcoin go down 75% which has happened before but even from that it came up.

That's is the great way we have to analyze when the market is down because that is the right time to buy your desired coins and there is a huge chance to get returns on your investment. Without risking our money we can't make profits.

I too sometimes have such thoughts. Especially if I see how my deposit melts very quickly. It's hard for me to get used to it, but I try to think about good things.

I'm not a pro but I think this advice will help. When you are holding a coin and you have that strong feeling it will be valued high in the future, whatever happens to that in its way to success, don't get affected. What I do when the price of my coin drops, if I have some money, I will risk to buy some more. That happens just recently and I'm glad I did it coz my coin has recovered its price, not just doubled but tripled and continues to go up at the moment. As long as you have faith in your coin, the concept is good, never lose your faith to that.

If you have such doubts then you are not yet ready for a crypto world. But here it will always be so restless. If you believe in crypto then you must throw all your doubts out and believe in the beautiful future of bitcoin. If not then just sell coins and go out.

If you feel guilty means you don't believe in crypto, anxiety you will not be able to make you successful investments in crypto, therefore I recommend to you to throw away your guilt and always thinks positive about crypto.

I believe that it is far from being the end for crypto currencies or the crypto market as you described it. The market is just too strong for it to be erased anytime soon. I believe that the crypto market will be around for a long time.

Well, guess we weren't all wrong. The market's making a recovery already. Honestly didn't think we'd recover this fast, it's surprising me. Can't say I'm not glad though. Seeing all that red in my portfolio was saddening.

Now all I'm wondering is why this dip happened and why it happens every January..

all of us can wrong about something
but this is the most important part that people always said to me
do not put all of your egg in one basket
in case of something wrong happen, we have insurance to help reduce the damage of the crash
and also i like to join community discussion to get more information about other thing

Market and stability are two opposite things. In the market there will always be fluctuations in rates, this is a property of the market - there is always a growth behind the recession. Especially now century of information technology and the cryptomarket will continue to exist for a long time. I believe in it. :)

At first, I really wanted to sell at high price when btc and some of my altcoins are pumping but I changed my mind hoping that the price will still go high but for past weeks it dipped instead thats why I will still hold since I believe that my investments are for long term hold.

Lets have faith that this drop will not the beginning of the end of bitcoin or altcoins. Becausr if this thing happen. We will loose the opportunity to earn money. Through cryptocurrency.

Do not worry guys! This one is just a liar, the market is not going to collapse, and everything is fine again. We are back on the road.. again..
Stop with your bullshit in here and stop spreading that shit.

and thats why there is a HODL world........ heheh believe... still always remember invest what you afford to lose.. learn to let go your coins dont love them.. enjoi 20-30% of your profit,. at times of highs..

Thats right opinion but I don't think that those who believe in blockchain are not concerned so much with price.by this approach we can never avoid speculative behaviour of investors and it does not allow us to get a truly long-term perspective on the market...You believe in blockchain  and but its also improtant to define the basic economic indicators of cryptomarket.People concern because their  existence depend on it and what we need is to define fundamental aspects of 'market psychology' wich needs distinctive approach.
So I just want to say that if we exaggerate the present and future value of the crypto market It will not be very effective and this means that people must do everything with profound and they must be cautious despite the fact that blockchain technology is the leader in this century in financial sector.

Speculation on this aspect can be clarified with a look
 to countries increasing regulation, restricting access,
Or just increasing the cost of using the technilogy.

This Just means a short term break from routine while
Big government seeks to understand the tech and make
All their cute little rules about tax and securities and
Stocks and all that crap. The man wants to put their
Hands on all this value that seemed to come out of
Nowhere this year.

The regulation and restriction is Just a sign to me that
there is so much value in the tech That people and
 corps are moving to design it the Way they want
 to see it happen. Battle of the Developers begins!
Well I dunno about that part, really,
But the rest of the stuff I’m more sure about.

There’s Probably a couple countries right now that are dumping
Their coins, which is leeching the market and preventing
An upturn. Once everyones actually done dumping, and
All the people who are freaking out are done dumping,
And all thats left are more ‘buy at the dip’-ers, or at least
More ‘buy at the dip’-ers than ‘sell at the dip’-ers,
then this whole crash will start tidying up. Some projects
May lose too much to maintain momentum, and some
Will have enough capital to consolidate and make some
Good moves!
Will start turning.

I advise you to calm down and not to worry. If you really believe in blockchain and cryptocurrency, you realize that even big falls are not fatal. Just wait and everything will be fine.

Most people nowadays knows how to handle this kind of situation and all they have to do is to hold their invested coins. We should know how to play with the market in order for us to gain a profit and not the other way around.

This is very normal hapen in any asset and also cryptocurrency. Don't worry about it. Crypto will go up soon.

I have had the same thoughts. I think BTC will be there at the end. Obviously I can't see all these alt coins maybe 20 of the main surfing. Alts have one more year then I think the money will move into the main coins.

Investing on the altcoins should be spitted around many people but the vast investment on cheap altcoins will lead to loose all the fund. If you put your fund on bitcoin or etherum alone you would not find the loose your money at all. If you really looking in the forum to make the money you can utilize the time and sell the coins when there any little bump noticed in the price graph. if you play like this you can win with the altcoins as well.

As a cryptocurrency enthusiast I will said this is not the end and we would have a good days to come. How can this great market come to an end because of corrections or bearish market? We should be optimistic and view the future as if cryptocurrencies is the future and the money of the internet. If you have been following bitcoin pricing for the past three to four years you will find out that the market is always down in January and February because of the news of government regulations.

You're not the only one who didn't sell at high prices, a lot of people didn't. However, no one thought the prices would drop suddenly. But that's how markets work. Crypto markets won't end or even crypto won't technically end just like that. If it does the world will lose billions and billions of dollars for nothing. There will be a chaos and things won't stop there. Economically there will be major consequences, this may even lead to a long awaited war between US and North Korea. Things can go out of hand real quick. So rather just not think about it I'd say.

HODL, This is the most important thing you must know in crypto, this is just the beginning! There are so many opportunities right now and so many new companies, not all are here to stay for sure, but its a new market and a new kind of investing in companies WAIT FOR IT ;D

If we were wrong, then so be it. That's a consequence of believing in experimental and disruptive things. Bitcoin is still so far experimental, we will either get our invested money turn into thin air or become the new wealthy elite. Big risk, big gain. But chill, I don't believe in Bitcoin for no reason. At this point, it's almost impossible that cryptocurrency is going to end. So many signs of positive growth in the last year.

if this is the end of a crypto currancy then we must all be ready to suffer a great loss. the most secure in my opinion do not invest all the money we have, just 30%, if there is a loss then we still have money to look for other business alternatives

If we are mistaken about our predictions then we will suffer a great loss of money, it is not something nice to think about but that is reality, when you make a good move you get the rewards and when you do a bad move then you get the losses, but it seems we were right, bitcoin is recovering, it is not recovering as fast as we would like but that is better than nothing.

Many people are afraid of being wrong, but stay calm and wait for a big drop. so handle it first. thanks.

We aren't wrong, just the first. Big banks are moving in this year and the cheep will follow. Hodl.

We are not wrong! The best is yet to come, and I truly believe that. Just stay positive and HODL HODL HODL  ;D

We’re human and being wrong is part of our life but in all the real world can offer to us,, cryptocurrency is the only investment I’m sure of being in the right path and direction.. Sometimes it is not about the price of bitcoin and altcoin that matters because it could change in every single correction.. The most important is being satisfied and trusted this platform and having no doubt about it..

If we are wrong about this investment then most likely we will face an imminent loss. What we can do is just move on. And forget that the "crypto thing" happened.

I dont think that it is the beginning of the end of cryptomarket because there are more people who believe and still investing in alt coins. Normally the correction always happen when there is a huge pump in prices and it last for months after the correction has begun.


There will be no bottom for bitcoin and altcoin, did you expect that the price will always go up? its not how the market moves there will be downfall in price because traders wants to gain more bitcoin.

This is not even near to be a crash, why are you saying that we are almost around the corner to see everything crashing? This was just a temporary dip, and everything will keep going up in a few days from now.

There is no need to worry, specially when there are bear markets just like this one.

It's not the end, and i read that the crash that happened on 2013 is far worse than this. We have one or two months filled with joy as everything is up without reason and when the price come back to what it has been two months ago people screaming this is the end. It's just a bear market and it will end.

I wouldn't even call this one a crash. It is just regular correction but in big way. We are most likely to be true, not wrong as we will see even more icos, more money, more projects in the era. No ending.

This question is more like to be or not to be. You can Always hesitate, but if you don't risk you will never achive anything. So if we are wrong so let it be, I'm just believing in opposite

Crypto business is risky, and we can be wrong... well, every business is risky. And, as they say, the one who takes no risks never drinks champagne (or drives a lambo, you name it). Use your mind, be brave and cautios when appropriate - and let it be what's going to be.

From the very start, everybody is telling everybody that investing in cryptocurrencies are very risky, way way too risky. And yet here you are, riding on the same boat with all of us, but it appears that you are the only one with butterflies in the stomach. There will always be the fear of volatility, scalability, fork, cloning, etc. You have to overcome all the major hurdles that are attach to crypto to be successful. All the things that are happening now will ultimately subside. You still hold whatever there is in your wallet and soon enough we will all experience a definite end product. Just be positive.

Well you have to hold your coins now if you didn't sell them on high. There is no other way to you, just hold and prey.  :)

btw you can buy some more, they're cheap now. It's a chance to get the coins you been dreaming but had no chance to receive.

Welll, at the first i will say that is just correction because its normal when bitcoin and altcoin go up and after that i am sure will be correction so i am worry at all.
Anyway if we are wrong, that the worst thing will be happen and our asset will not worth in value.

Everybody here knows that the cryptomarket goes up and down. We know that, still then we don't accept the fact that we're losing money, because we don't sell it at price spike. That's ok. It is a cicle, happens every time. Some of you would say that sometime it will happen one more time  and it'll end, crashed forever. I believe that will happen, but not so soon.

Dude, Don't panic. In recent days the market has been inflated too much.
The market is just self-repairing.

You seriously need to understand that this is not even closer to a crash.. The price is only going down because there is a lot of pressure and manipulation on the market right now. But nothing more than this, just wait until everything goes green again and that is it.

When an outcome of a thing is not certain or known, and you tend to embark on it, you are said to be taking risk. Most people go into investments only thinking of the positive side without having it in mind that its a two way thing. A situation whereby you do not know what move to take, is where the risk lies.
As to the question of "What if we were all wrong", i will say that everybody cannot be wrong - some speculations will definitely come true.

absolutely agree, money from the market is gone, and they will come even in a larger volume.
the price will rise, the market will recover. Everything gonna be alright :)

From the beginning of the centuries common people buy stocks in the markets.
They buy high and sell low.
They loose all their money.

Big lobbys are there and buy everything they can, when common people sell low they buy, they buy low!

This is called fear based economy system.

You have fear of anything that surround you because the system survive thanks to your fears, fear of being sick, fear of being poor, fear, fear, fear!!!

Common people have fear because thay have little money.
Big lobbys don't fear because they know the market and know that people have fear.

Buy the dip and HODL!

And remember, dinosaurs don't understand anything of what we are doing in crypto! This is our real power, the better they can do is replicate our crypto economy.

Bitcoin will never die.

Hello. I sold some almost at the top, it was time to take some profits. So holding now is a lot easier, but i am here for the long run and the technologie. I think the technologie will change a lot in this world
Happy holding

Cheers

Such a correction of the price happens every year and there is no need to panic. Now a lot of ICO is actively carried out and this means that users will actively invest and thereby support the growth of the crypto currency.
         
         

I think people would be lying if they didn't at least consider this possibility every time the market dips. Just like most things in life, holding cryptos is a risk.

So is driving to work. So is taking out a car or home loan -- if you lose your source of income, you lose everything. Anything could happen to derail your plans at any time. You either choose to accept risk, or you don't.

The winners in life, choose to accept moderate risk and sometimes even high amounts of risk. Without risk, there is no reward.

I personally believe we should HODL -- that we are nowhere near the end. I choose to accept the risk -- perhaps, I am wrong. Only time will tell.

Good luck.

Look at the charts or Bitcoin price history, it is very normal that Bitcoin and altcoins decrease by 50% or more every few months. If you do not feel comfortable with your Bitcoin investment, I think it's better for you to sell now and buy again when the market is bullish, but you may miss the train. It's always like that in the crypto market buy low sell high that's why we have so many successful traders

I do not want to pretend wisely. Without mistakes we will not learn, seeing market changes is difficult. If you are an expert, there is no guarantee you are always right

I can't see any positive reason for the crypto to end the story, I fact the very thing that many are getting involve in it and the advantages of cryptocurency brought to all is great. In this case i can't see any reason for them to be disappear.

I saw worse crashes, this is just a little correction, BTC could go back to 6-7k at max than it will fast recover, but is possible that the lowest is already hit some days ago when it went under 9k.

Blockchain is a base for a new economy where people's ideas could be funded by investors who believe in the project. Thanks to this, technological development doubles in speed compared to the pre-blockchain era.

A lot of ICO are good projects, I saw a lot of people and gov saying that ICO are scams, but really this is a new opportunity. Is possible that an ICO is a scam, but you have to do some research before invest in it, if you do your homework, you are 99.9% safe.

Thanks to ETH, now there is the possibility to start with millions dollars of fund when you open a company trought ETH blockchain, that's happen if your idea is much appreciate from investors. In the past maybe you could have a great idea, a great team, but without funds you can't reach your goal. Before blockchain, only venture capitalist (I mean very rich and famous people) could promote a new big start up.

This is the decentralized world in which I trust.

It's healthy to have a correction - hopefully this year we'll start seeing more of an uptake form the masses - for that i think we'll need more legislation and protection for people, once that comes and it starts to go mainstream then hopefully we'll see more stable markets and a steady growth.  It's going to be an interesting year for sure - especially for interactions/effects upon fiat currencies and establishments.

you have reached full member rank and still scared like a duck?why holding until now if your a soft hearted holder,this is crypto and this is not physical profiteering.means every thing heres moves over internet and might change the flow in a single second.so we must be aware of this situation and all we ed to do is HOLD until it recovers.

This is what I am afraid of the thinking of IF'S, if we are in the wrong position to hold. I am at this point to hold also for the reasons of so many predictions that this year would be going up high for the bitcoin prices. We have to be taking the risks since we invest in bitcoin.

It is easy to see that this is the first correction for you :)

Look at the history of Bitcoin and see what has happened before. When the price fell from $1200 to $180, the end was announced several times, and see where the price of Bitcoin is now. We do not know how much the price will fall, but you can be sure that in long term you will not lose.

There are rumors that the market is governed by fear and greed (also a form of fear). Anyone who succumbs to emotion, loses money. We must be calm and follow the plan.
Do you have a plan?)

I had sell my long term holding when the price was 19,000$.I had got very huge profit at that time.With the profit I had brought a brand new car.Now the price was at the bottom.So I think this the best time to inverse your money in bitcoin.And now just hold your valuable Bitcoin for your future.

You just invested not in the right time, just simply hold your coins for what its worth. It might take too long but if you really believe in cryptocurrency all you need to do is do other things, don't look at the prices of your investments daily, try to forget it and comeback if you heard that the bitcoin is pumping already because i'm sure that your investments are already getting some gains.

If you only have invested what you're OK with losing then not really an issue.

Go back to your day job and wait for January to be over...

That might be not a correction and that's why I always keep some saves in fiats. If the market would die I'll have some money anyway.

If you check the history last dec 2017 when bitcoins on it's ATH around $19k sats the marketcap is around $300 billion only right now the marketcap is around $500 billion you should monitor it too. Maybe if market goes down around $300 billion that's the time will I need to be worried. Right now market is not failing it's just the correction taking so long only wait until next week if BTC goes up Altcoins will follow. Think positive always.

It's true that every January since few years the market fails so I think there is no need to worry.

Some people are going out in order to not loose money but in my opinion they will regret. It is always hard to hold in such times but it will be profitable to us I'm sure of it ;)

:) I agree totally with you

Most of the HODL dreamers are wrong and it will be proved this year.

I understand your frustration, but it is interesting we feel this way only when the market is crashing and not ecstatically gaining like the first week of January.
I will say it again, *only invest with solid technologies and team* and not some obscure coin (useless MN coins, I see you) that's gonna be dead in a couple of months.
There are so many good and promising projects out there. If you are willing to weather the storms then placing your trust in a solid product like Gifts, Rentberry, and even the upcoming Arcblock you will sleep easy and have financed a great product with growth potential.

it usually happened all the time but you do not need to worry about market it will gain its value again just wait for sometime  :D
Enjoy
Happy Trading
Thanks
Regards

Everything will be okay soon again just wait and keep on holding your coins, bitcoin and altcoins will rise again so don't panic of what happened this month....All of us are sad of what happen but if we sell our coins in so much low value it would be more heart breaking,we can't predict when the coins pump it might tomorrow so let just HODL....

you are right we should not panic and rash in this situation, then sell our coins all.
we just need to be patient with the market price right now, and I'm sure the price of bitcoin or altcoin in the market will rise again. and use this opportunity to have more coins.

It just seems more intense now as we're talking much higher $$$ figures.
The % drop is no different to other big corrections we've seen, remember bitcoin went up 200% in 3 weeks during Nov-Dec, that calls for a big correction.

There is a decline after a big rise. I think you're a little exaggerated. Even if bitcoin comes to an end, ethereum has just begun

True, there have been many instances of people taking risks, in some of those occasions things turned out badly but in others things worked out, we are still not sure if bitcoin is going to work long term but we have a clearer view than the one the early adopters had, and I think there is a great chance we are right so now the only thing we need to do is to take care of our coins and to keep holding our investment so we benefit the most out of the risks we are taking.

dont panic, keep hold,,,remember it just mind game with all of negative news on bitcoin or altcoin, be a brave heart. buy more  ;D

Actually, we have our own thoughs and possible perceptions or even a kind of strategy on the way we believe if the bitcoin could be a good this year or not. As we recall its performance it's so surprising which its suddenly increase for just short period of time but somehow, the opposite situation is happening as it is going down its value. Well it's our own decisions if we will hold it or not because we can't predict the possible happenings on bitcoin but if you will hold as much as you can and it will be increase for sure you will have a good profit.

Much worst with the traders! I can't take to buy low and then sell lower! almost all expert traders speculate that this is just a Correction but for me, this is clear evidence of price Manipulation! 8)

I think this is the feeling of those who undergo the crash from $1,163 in 2013 and it crash to $152 up to 2015. For those who sold their coin have lost their opportunity but for those who remain standing are the ones who are celebrating now because some of them eventually became millionaires. You know the risk that are involve when you entered the crypto market so you should be ready to take it on. If you have a strong risk appetite then just hold on but if you can't take it anymore then just withdraw. I know that the most famous line in investment is "invest only what you can afford to lose" but there are so many people who still invest they can't afford to lose that's why in a bear market, many are emotional and just decide to withdraw even if they have a huge loss.

Its not correction. Its total crash and the market will have huge crash during G20 summit. It is the day people will start believe in me and remember my posts which I warned through.

Such hard falls have taken place in the past as well. It's our responsibility to make the move at the right time, but it is not that possible to make the predictions in the right manner. Very few study the market that precise and act accordingly. As one of the mate said, be strong in your thoughts. The market doesn't go low.

Definitely, that's the spirit. Stay calm and don't panic. Always remember what goes up must come down and what goes down must come up. We should wait the time our coin will go way up.

if theres wrong here,its you thats mind is totally wrong,you have a wild thinking and this forum dont need such..you had just said that your holding bitcoin and altcoin but youre hing second thoughts?common your not holding anything instead youre making this community to have another panic since the whole market is collapsing and or maybe its better to say In Red Colored..if the intention is to make people sell their coins you win for now.but im sure in sooner time recovery is what will happen

If this were so, then it is very, very bad. Many people will lose a very significant amount of money. But still I think it's a drawdown!

No we are not. Surely you already know how unpredictable the world of cryptocurrency can be. Cryptocurrency is, despite all its risks, perhaps the most exciting asset of the 21st century. The unknowns and high price and volatile market make it risky, but there is lots to be excited about despite all that (especially from a long-term frame). Investment is a complicated process, requiring a lot of patience. If you’re patient enough, you win this game. Stay focus. Have you forgotten the saying, "after every storm, there is a rainbow".

Anything might happen. But if we will just trust bitcoin and believe in ourselves before joining in this, theres nothing to worry about. We must not need to panic because everything might happen if you panic, everything you do will lose, so might believe everythig because every negative news will just pop up just like they will just play with you. Be brave, you mudt believe and buy more if you want.

Nope. Wont happen EVER.
Simple as t hat. We have a long way to go. As soon as banks, govs start doing something over blockchain, $$.

In my opinion there is nothing obvious in the cryptocurrency world. Nobody can guarantee that, bitcoin or any other coin will continue rising forever. So, I think the best way is that, not trading with the amounts which can give big damages your economical situation.

What if we're all wrong? Wrong in terms of altcoin I do not think and if we are all wrong then we will be ruined all, yes his name is alive sometimes sometimes above, and the most wrong is the person who made it.

I'm totally agree with this comment.
I think, who is here since 9-12 months or more, sure has already gain enough money to save the "initial investment" and, except if he is poker player, now is playing/betting his extra gain (probably greater than initial).
Who as me, is in the crypto only since few months,if he wouldn't transform an opportunity in a drama, should be careful, play/bet the amount he can allow to loose without problem and so, probably and hopeful, in next (few or, I fear, more) months he could become aware, confident and happy as a lot of guys here

If you really believe in blockchain and Bitcoin (as you claim) you basically don't care about $$$. Do there's no need to regret if you didn't sell all your coins at all time high last December.

And that's it!

For people that is in it from few months: guys, you have to study and think whit your brain, do not follow crazy prediction by people you don't know even more so if you do not know why they make those predictions.

I think our correction is a correction. Cryptomarket rarely fall so fast and so strong but it is not end. Keep HODL.

I offer to see on crypto and blockchain more wide than casino only. We have much more than money and profit. We have a new economic model, new monetary relations. Some projects get funds for own development that in real world can be impossible. Yes, we get more scammers but I think that chance to change world even a little bit is much more important.
Guys, money is not most important in our life!

Yeah... I have been crypto for a long time and I have already experienced several falls. And I can say for sure that now everything is going as it always is. Fear, hope, doubt, and loss of faith mix into one emotion. Do not worry, the growth will begin as soon as you fully lose the faith in crypto))

Looks like we both belong to same group of crypto knowers. I have also been hanging up around for long now and this downfall does not look a new picture to me. Sooner or later, there will be again a big show put up by all the famous crypt coins.

I am most excited about bitcoin because the experts say that it will touch 30k dollars this years. Just imagine, what will be the feelings of everyone when that happens.

We can be wrong.
But it's hard to believe in this. Ideas of the blockchain in general and cryptocurrency in particular are very attractive. Even the powerful whales will not give up this. I believe in it).

Do you still think it's a mistake? After all, we all know that the market is a speculative industry at best, no definite rules or guidelines on how to control the market other than the basic economic manipulation of the pump-dump scheme. The correction only reveals a necessity for future investors to observe due diligence before investing hard on the cryptomarket.

yes anything else can happen in cryptocurrency world. but you have to trust them. and be positive.

that is life, you can not always guess, when to buy and when to sell. Otherwise everybody would be here rich

Trading or investing here in the Crypto world is like a gambling. We don not have the assurance that we can win here. But for me i still hopes that this is not the start of crypto market end. There are many times that crypto currency decreased but it still stood up in the end and release a great value. Still hold unto your coins.

Maybe you should try and come up with a plan to extract a certain amount monthly or yearly, so you will be disappointed but never depressed should things go south ways. I only invested money I can lose, so I figured I would have otherwise used it to buy bs anyway...so either way it will be fine.

$ 3000 is impossible. Although there are rumors that some countries are taking measures to prevent bitcoin, that would not have much impact on the cost of bitcoin.
I think the most reasonable price is $ 5000 for a bitcoin. There will be no better price than that. We should not be too greedy but lose good moments. Evaluate the market wisely so as not to lose profits.

If I see BTC per $3k I get it for all my money. All that want mass people not happens. It's market rule. And it always happens. BTC per $5k - no, per $20k. BTC per $30K - no, BTC per $6k. Think about it!

Everything is possible, even 1000$. Remember guys we have strong support on 600$

Yeh if you realise this, you should just sell all your coins to believers!

We are not, as stated in the U.S Senate conference all 1500 cryptos on coinmarketcap combined at the high price of the market is still less than the value of 1 corporation like McDonalds. This is a potentially society and life changing technology such as the internet so we are barely even scratching the surface.

If people keep second guessing themselves it would be hard to come up with a unique strategy to truly benefit from the system. But like every other investment strategy, we should stop letting emotion cloud our judgements and use logical data to compute our analysis of the market. And if your 'super power' is Gut instinct, then you could thread carefully.

But never forget that we have not even scratched the surface of crypto and blockchain potentials just yet. There's still a long way to go and so much more will go undiscovered if we quit now.

Yes, i agree. Never say that something is impossible. The impossible can happen. The price of Bitcoin did succeed to reach $20000. But it can also reach $1000 too.

Correction for the market is normal. I believe that we are only at the beginning of the road and this is not yet the end of the cryptomarket) You yourself know that there is a market of bulls and bears and the market is cyclical. The market can not always go up. Now bears win. You can earn both in the ascending market and on the falling one. You are liable to learn how to make money in a falling market

i think when market like this will gain more new player , new investor buying more crypto when they smart. ;D

Desperation always clouds your judgment!

HOLD!!!!!!!!!!!!!!!!!!

Normally at the end of feb there is always a bull run.

Look like you're getting paranoid on that moment but i heard most worst news that a Korean commit suicide when bitcoin crash from $19k to $6k. The possiblity of losing the value of digital currencies is real but that if no one will invest of it in which its difficult to happen. This corrections was manipulated by the big whales in which all we can do is to hold or ride to their strategy of selling high and buy low that we need to be physically and mentally fit  so that we could always have a smart thinking.

There are so many things that come to our minds in the midst of serious problems, isn't it? That is very normal. When we confront something like the very deep fall in the crypto prices right now, we will be able to think of so many different things. But be careful about all the stuff going around your mind right now. These are basically the result of us thinking so much of the dip. We are starting to make things complicated when in fact the only thing that we should do right now is to sit back and forget about the prices for a couple of weeks at most and then everything will be all right.

Do not respond to your wild imaginations at this point. That is very risky.

We are all in the same boat. After the storm there will be  calm. No one wants it like that but it should not be least expected.it is only a matter of time. I was also amazed the drop was so rapid and consistent as this but. It had happened before. When I began, the value was lesser than this. You question is if we are all wrong.....  8) ???. We pray we won't be wrong. Let's hope for the best.

Bitcoin has gone through worse corrections in the past and survived. Now that crypto market is much bigger in size and scope, it is at the stage of going mainstream in coming time. This correction will end just like all the past ones so just hold on.

I saw you long enough to know bitcoin, while i was still young, even if in say new baby can crawl. But I am convinced that bitcoin and altcoin will continue to grow, whether in the next few years

There's no way this is the end of the market. Crypto hasn't even reached 1 trillion market cap yet, and Bitcoin hasn't reached 20k before. This is still in the very early infancy.

If you think all this as a trading bubble then sure, you probably see that it might end soon, but if you take the time to research what blockchain technology and cryptocurrencies do and are capable of, then it's obvious no one is wrong about the future of crypto.

We need to be confident in bitcoin and keep our faith.

It is normal for prices to fluctuate.

nothing to worry about. It will take a little bit but I bet it will soon recover in the near future. I guess it's 1-2 months

Only those people which think that bitcoin is a bubble are mistaken. Investors who believe in bitcoin calmly watch the falling market and know that after each fall there will be growth. You must decide on whose side you are) I hate bank restrictions and crypto provides the freedom. So this is the main reason why I'm here.

as we see it, the situation on the market has become a little better.
Let's see if the bull can do his job, increase the price higher than it was.
while some experts say that a still drop in the market is quite possible.

This is similar to what happened back then with the only difference that things back then were way worst, now this drop in the value of bitcoin happens in very different circumstances and as such it is not the same, we have a country like Japan that recognized bitcoin already as a currency, we got segwit and soon enough we will get the LN so the recovery should be faster this time.

Absolutely yes, we dont have to worry with these situation of bitcoin. We know price fluctuates so much and we should not be surprise with it. Bitcoin becomes strong it's challenges even price fall down it will recover as we should expected.

True, as everyone expects, and perhaps the beginning of the hike will begin today.
Today bitcoin is trading at $ 8,681.02, I think this is a good price, maybe tomorrow bitcoin prices go up beyond today.

This is the "risk" that we were willing to face when we entered trading with crypto currencies. If all goes red a bit above your initial investment, it's up to you if you will sell. If green, hold or sell..still up to you. But if your idea of the market being in the verge of dying and not being able to recover, then that's just something we need to bear and accept. Reality check, nothing is definite in trading. Either you win or lose...there's really no other way.

That is right, when we first discover Bitcoin and crypto, we see the increasing price of Bitcoin that is so crazy and make a lot of people become interested in the world of cryptocurrency. We know that this increasing price of Bitcoin can be use as an investment tool that quite good and promising. But we also know that this investment is uncertain and the price of Bitcoin sometimes go down and up. Unlike gold investment, land invesment, house invesment, and many other property invesments. Crypto investment and crypto trading is the most risky and unpredictable business, in my opinion. Investment can make us lose, but it worth the risk if we can profit. Even land investment can make us lose when there is a economic crisis.

Experts also try to predict the value of bitcoin but are not very good at that. The highest value predicted by them for last year was 10 to 12k dollars but we all know where bitcoin ended to. When it comes to the digital market, the best is to stop listening others and try making estimation by own.

One thing is for sure, sooner or later all the coins (the top ones) will rise so there is no need to go for panic selling out. Just some more time and everything will be fine.

Wise words, sheep just get lead to the slaughter house, only way you can have complete confidence in trading is having faith in your own judgement, don't listen to others, even more so if it's the media or a finance expert, history shows with crypto that they're never right.

Keep positive thinking, do not panic with price drop, crypto coins will rise from its fall. Hold and hold and do not sell, stay patient because the price will soon improve.

From a historical perspective some further sideways movements would be likely. But I sure wouldn't mind being wrong and seeing a breakout to over 10k.

historically prices have always bounced back higher after corrections

Hey mate good that you are holding your coins as we can see now the market is recovering so don't loss hope and think the positive side ,every one are HODLING their coins because they do believe that bitcoin and altcoins will go to the moon again .

Your worries may turn into stress if you think all this time like that, correction, as you say, is happening every year, just imagine people here since the start of the forum, they experience it too but they are still here because they know it is not permanently, hold your coins and strike when the moments come.

Now do you made up your mind?that were not wrong,that its just a correction and theres no the end?

There's nothings wrong about being assuredly but if this turns to weakens then its not good for a cryptonians like you..dont ever lose hope for this great coin because this can make you reach

I really believe we are right investing in cryptos

but there is no way to be sure , so just let the money for kid's milk safe and enjoy the ride

If we are all wrong I guess we don't have to torture ourselves, we just had to move one and continue our lives. Still be proud because we try and that is the negative side. What if the positive side and all the favors go to our side and we will be a financially freedom because we've tried crypto? I guess all of us will be happy for sure.

Already passed this period when it was not a correction but a protracted decline. But now we can make only one mistake in the forecast of coin prices, and they are mostly overestimated.

Nah the whale and miners will not let it all end like this. I believe we will see a trillion or a multi trillion marketcap before it all collapse

You my friend was being pessimistic. You should have known from the very start that cryptocurrency investing is viciously unpredictable because of it's volatility. And reassuringly i am so certain that anything unfavorable will change it's course for the better. As a matter of fact, crypto market is gradually stepping up. So don't be so gloomy, we were not wrong.

in any case, before starting the activity in the world of crypto-currencies, one must be aware of the risks posed by this activity. The risks are really great, but the results can be even better. Everyone knows what he is risking and for the sake of what he risks.

This is not the end of crypto. There's just these people being so over reacting towards the correction thingy which we all know that its the normal cycle in the market trading. What happened this first quarter is a little bit too much that it took the down trend took that long. Very risky for both daily and long term traders because you really need to monitor your investments most of the time. I can say that this is just the beginning of our career in crypto.

Nothing to worry about here.  There are some big names out there dabbling in the Cryptoverse right now and there is too much potential for the market to just fade out.

I believe in crypto and I think that we are still early in to the game. Crypto market will survive no matter what for at least 10-20 more years, we are not in a bubble yet, rather we are in mini bubless that create giant bubble.