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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: mianvicky1 on January 16, 2021, 07:21:34 AM



Title: Current Market Condition
Post by: mianvicky1 on January 16, 2021, 07:21:34 AM
All markets are down now a days, Not only crypto but all other markets are also falling. I know fluctuations are part of the market. But when a market goes down badly, there is a reason. But I don't understand at all what is going on in the market right now, Because I didn't find any news about it. There is no news that makes me think that this could be the reason for downfall. If any of you know about it, please comment


Title: Re: Current Market Condition
Post by: cilgindansci on January 16, 2021, 08:03:42 AM
During the epidemic period, there were incredibly big market movements. People had future anxiety and constantly protected their money.
Now everything is about to be on track and the markets have slowed down because of this. I think 2021 will be slower than 2020 in terms of market movements.


Title: Re: Current Market Condition
Post by: Eco_111 on January 16, 2021, 08:08:20 AM
What goes up must come down  ;D, you've made mention of fluctuations already and there you have your answer, crypto coins like BTC and Ethereum aren't build to stay up for ever, they are highly volatile projects, even corrections can happen, to me everything seem fine with crypto right now


Title: Re: Current Market Condition
Post by: Apostlekin$$$ on January 16, 2021, 08:43:58 AM
Always remember the laws of Volatility, crypto projects aren't created to stand at a fixed price, there will be many corrections when bitcoin plans to aim higher, nothing is wrong with the market OP, all I can see are same old corrections here and there


Title: Re: Current Market Condition
Post by: cryptomaniac_xxx on January 16, 2021, 08:45:48 AM
All markets are down now a days, Not only crypto but all other markets are also falling. I know fluctuations are part of the market. But when a market goes down badly, there is a reason. But I don't understand at all what is going on in the market right now, Because I didn't find any news about it. There is no news that makes me think that this could be the reason for downfall. If any of you know about it, please comment
As far as crypto goes, well we have been in a super fast rally, so obviously we need to take things down a notch and that's what happen. We still have full 12 months in 2021, so nothing to worry about. As for the news, there could be something out there that might influence the market, but doesn't matter though in the long run. We are in a bullish market now, but sometimes we need to have this kind of corrections.


Title: Re: Current Market Condition
Post by: buriks on January 16, 2021, 08:51:14 AM
from what we see that every year there must be a decrease or increase in each exchange, so from this we can know that most of the big investors are indeed going down in the trade which makes a lot of altcoins jumping or sitting. So now is the right time for smaller investors to trade.


Title: Re: Current Market Condition
Post by: Jating on January 16, 2021, 12:42:06 PM
All markets are down now a days, Not only crypto but all other markets are also falling. I know fluctuations are part of the market. But when a market goes down badly, there is a reason. But I don't understand at all what is going on in the market right now, Because I didn't find any news about it. There is no news that makes me think that this could be the reason for downfall. If any of you know about it, please comment

I'm not seeing crypto market going badly as you describe, still above $35k so what's the big fuzz about?

About the recent dip, just normal, I think since we have been very bullish in the last 2 months or so, does it mean it will not stop. That's very wrong mindset in crypto, as you have said fluctuations are part of the market, so what we witnessed is how unstable it is.

We don't need news to see the market goes down, if people are selling it means that they're obviously liquidating their assets. And it's weekends, by the way, 90% of the time traders sell off to get profits to enjoy their weekends and then goes back Monday.


Title: Re: Current Market Condition
Post by: Fesatmas on January 16, 2021, 01:10:49 PM
On the other hand, this is a fair and normal market condition. but what if the market turns out to be abandoned by traders who have been raking in for several months. and they are currently enjoying the results. they won't come, as long as the market hasn't fallen dramatically. they just take advantage of a situation where the crypto market is throwing cheap prices away. This is what I'm worried about where traders who are currently playing just make bitcoin an excuse to avoid inflation. after the pandemic conditions began to normal they withdrew money and left the market.


Title: Re: Current Market Condition
Post by: ZaraCB on January 16, 2021, 01:37:59 PM
I don't know the condition of other markets but the condition of crypto market is still good enough.  It fall a little today but now it is covered again. However, bullish market conditions do not last long.  The market can fall at any time. I think this is the best time to convert crypto into fiat.


Title: Re: Current Market Condition
Post by: bekti3 on January 16, 2021, 02:46:26 PM
did you panic?
isn't it a natural decline that often occurs in the market. I think the decline is not just this time, the market has dropped many times before you even entered the market. this is only temporary and the decline is temporary. eventually the market will return to the green signal, you just need to calm down and control your emotions.


Title: Re: Current Market Condition
Post by: Handsome Boy on January 16, 2021, 02:50:45 PM
All markets are down now a days, Not only crypto but all other markets are also falling. I know fluctuations are part of the market. But when a market goes down badly, there is a reason. But I don't understand at all what is going on in the market right now, Because I didn't find any news about it. There is no news that makes me think that this could be the reason for downfall. If any of you know about it, please comment
There is no need for news to make the market fall, because when the price of market increase very high, then of course there will be a correction after that (normal for market condition), but this is our opportunity to invest when the market is down, because when the price starts to increase again (bull run), then of course we will definitely get a very big profit.


Title: Re: Current Market Condition
Post by: mersal on January 16, 2021, 03:12:35 PM
All markets are down now a days, Not only crypto but all other markets are also falling. I know fluctuations are part of the market. But when a market goes down badly, there is a reason. But I don't understand at all what is going on in the market right now, Because I didn't find any news about it. There is no news that makes me think that this could be the reason for downfall. If any of you know about it, please comment

What? Markets are down? Did you find any reason when the price climber 500% for most of the coins in less than a month!

But now you worry about the 3 to 4% fall from its all time high. Just consider it as a correction before the next rally.

If you don't want to lose many profits then set the stop loss to prevent your portfolio fall from a huge loss.


Title: Re: Current Market Condition
Post by: max6575 on January 16, 2021, 03:23:14 PM
as trader works on customs with the ideal preference, different manage on plan gives with one on chance as the task completion regarding parts of evaluation, that the decision laid on trader as the appeals of market with distinctive on objective to helps with one of correnct option to put on market order.


Title: Re: Current Market Condition
Post by: bittick on January 16, 2021, 03:59:25 PM
I don't know the condition of other markets but the condition of crypto market is still good enough.  It fall a little today but now it is covered again. However, bullish market conditions do not last long.  The market can fall at any time. I think this is the best time to convert crypto into fiat.
The market is still showing the potential to rebound again even if that was not so strong like the bulltrend that happened last week but crypto is still having a lot of potential to make another comeback again soon. I think that you must aware about that dude if ethereum is not getting affected by the dump that happened with bitcoin. Altcoin looks even stronger than before.
The correction didn't need any fundamental support to make it happen.


Title: Re: Current Market Condition
Post by: sujonali1819 on January 16, 2021, 04:14:19 PM
The market  is down because people can not guess about btc movement. This will go more or dumb more or will stable. So take some time to bitcoin to make some correction and keep stable for few days. Then hopefully we will ride on altcoins season soon.