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As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ? ???


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Do not check everyday price. Think crypto as a long term investment. Check the project's road map, stability, and use case. There are a lot of coins available in the market right now. But by using the above criteria, you can narrow down your search. ETH, ADA, LTC, XRP, and this hidden gem XSN - which I'm super bullish on, are the ones that I can recommend and are definitely the best for long term investment.

I'm not sure how those who made such profit could've allowed it still go red in loss. It's a simple thing to do if one can't exchange crypto for fiat and withdraw as cash once profit is made because of certain legal constraint. All one has to do is to tether the crypto and then wait for the whole drama to fizzle out. Once the storm calms down, one can safely sell and then withdraw in cash. Alternatively, tether the crypto and then sell it at a reputable P2P which may not even be on the exchange one has an account with for fear of legal restriction. One can do a P2P on WhatsApp or telegram groups one knows has credibility.

I think the dip already happened yesterday and it was also a pretty hefty dip. Bitcoin went down from 50k to almost 44k in just 30 minutes, so that was definitely more than just a normal correction. The same happened with ETH, it went down from 3.700$ to 3.100 $ within 30 minutes. I am still not sure though what has caused this massive and fast price crash. Maybe it was because BTC is now an official method of payment in El Salvador and this did not have any positive effect on the price so that many people became nervous and decided to cash out some profits? At least it seems now that the dip have stopped and BTC is now again pretty stable at around 46k.

Most likely this is just a small correction, since the growth of the cryptocurrency market is still expected by the end of this year, of course, everything can be vice versa, so it is worth considering all the options that can happen with the cryptocurrency market, and of course, some cryptocurrencies showed good growth during this dump, for example, Solana, most likely big players withdrew large amounts of bitcoin and invested in Solana, since it is still difficult to understand why the price of Solana was growing so quickly.

It is hard to tell really. Everything happened in a little time period that I only saw the result.  ;D  Bitcoin dropped down by 10k dollars and it affected the altcoins really badly also. For now, I see a market which is making an effort to recover and not go down more than this. It is really hard to predict the next movements for now. Maybe the recovery will take some more time compared to the last corrections. And I wonder if this is a signal for a new bull market.

bullish season is already over so it's not surprising that most of them were searching a new support level at this moment, especially those who made good improvement in the market.. But perhaps no need to worry on this situation because mostly analyst saying that the bearish will not last like what happened before wherein just a correction only within this month.. Indeed we are already at the bermonth so probably there's a chance market will rise again after this situation.

XD ... XD and even one more XD. Pure nonsense.


It was the bloodiest day since 2021/05/19 - the end of 63-30k dump. Now we started with such crazy candle. I don't think that we will recover anytime soon. Not before retesting 43k or even 38k. If we will fail to bounce back from these levels ... we will retest 28k.  The domage was too big. This will scare every investor away. First rule - protect your money. Second - earn. Rational investor will step back now to see how things will evolve. For sure will not rush in - "yolo buy the dip". Chart is destroyed so volume from TA traders is out.
V shape bounce right now is possible but not probable but if we will see that... it will show incredible strength of bitcoin. Nothing will stop it from ATH. But I don't see it comming.

For Ethereum for example, it is a drop which is more than 10%. And I'm hoping to see the drop no more than 15%. The prices of most of the coins in the market got a good acceleration recently and I never hoped a this big price correction. I was expecting a little price correction after Bitcoin reaches $55k. But it happened earlier and at a really high rate. This could be the biggest drop in such a short time in history I guess. September seemed great when I saw most of the coins increasing but it is not like that now. I wonder why Bitcoin and the rest of the market have this much bad luck in every September.

People are liquidating their altcoins to the bitcoin and major coins. People were also converting their XRP to the bitcoin to decrease the risk by hodl altcoins that can decrease even deeper than bitcoin.
15% decrease on XRP has proven it. I have been also losing good amounts from my hodling. Im still waiting for the recovery phase.

None knows about this but when you're seeing the bitcoin chart and it may go down again even deeper than before. I personally waiting for the bounce on bitcoin that may pull the bearish trend to be changed into the bullish trend again. The big whales were dumping bitcoin and that was also making the market feels panic, the worst news was also coming from the coinbase as it can be sued by SEC if coinbase was still running the lending service.

for now maybe only 10% but hopefully it will stop at this stage. because there is also a possibility that the dump will occur gradually. and this is precisely what is considered dangerous for some investors who are still holding their assets and have not come out to secure their money.
I just suspect the dump might happen in 2-3 stages for this season. and there will still be price stabilization but dumps will happen again.

It's because BTC is the prime mover and everyone is still dependent on its price movement. So it dip today and the rest of the altcoins followed.


No one can really say exactly how far this dip will go, it dip at $43k, then rebounded to $47k for a few hours and now at mid $46k. So maybe we can see it trading sideways again as it is the case in the last couple of months and then bounce back again to $50k. So let's see how it pan out, but I would say that we are still in the bullish sentiments. This is just a minor set back and a correction due to several news.

The bleeding has stop, ETH is trying to get to $3500 while BTC is $47k, so the initial crash was supported and now it's just a matter of time how this support will go in the next 24-48 hours.

I still believed that September is going to be a healthy month, we can't conclude it's not since we are still in the first or second week, so there's al of leg room to see the price moving again to the positive direction and go to $50k or higher before the month end. I think we are in wave 2, so this dip is just about time so that new investors can get inside the market while it is still in down trend.

I predict based on history that has happened, and many say that history will continue to repeat itself, so the highest point of btc yesterday was at 52k$ before the decline occurred and if you look at the previous charts, then the decline this time will touch up to 40% from the highest point before that , so my assumption is that btc will still drop to the range of 32k$ - 35k$.

Its not going down much from here. I heard that over leverage was the cause of this but I think someone or some group might sold at 51K$. I also heard that miners were the ones who sold off so I think it was easily eatin up by supports level and by this, it could get up from here to the moon again unless some institutions dump again.

indeed since yesterday there has been a decline and until now it is still happening and getting deeper, this also makes me wonder what the cause is, some strong coins have decreased by 10% even BNB to 15%, I hope this doesn't last long but on the other hand it can be time to buy powerful coins in the market at least 10 top ranking considering the cheaper price than some time ago.

The 1hr and 4hr TFs already are showing signs of reversal as we can see from the charts below. Even though I don't want to say it reached the oversold area, I want to believe it's a healthy place for any trader to want to long it. It's a risk worth taking at the moment.

https://i.imgur.com/Dnk8MUI.png

https://i.imgur.com/SDUTVXo.png

This third chart shows when traders/investors should begin to get worried if price breaks the white horizontal line; that's at $40,921. That line was once a strong Resistance but later turned Support. I doubt Bitcoin will dip below it.

https://i.imgur.com/1f16CIQ.png

Note: I don't rely on RSI alone to take a shot because it's a lagging indicator. Check Price Action and you will see that price is already shooting up from the formation of the candlesticks in charts 1 and 2.

The downturn in the market that has occurred over the last two days won't last too long either, as some people say this is normal and there will be a possibility for a larger percentage of pumps to occur, so I also hope it can happen in the near future and I will not complain with the current market conditions.

Even though it doesn't recover at the end of the year I don't think it will be a problem because bitcoin in my opinion is for the long term, so if the decline continues then there are opportunities to buy and sell in the future, maybe 5-10 years

You don't need to be surprised with XRP. It will happen sooner or later.
Be surprised when it's Bitcoin going down because there's always a chance every altcoin will be dragged by it.
I was just a little bit shocked and perhaps some whale just played with the market using the recent news about El Salvador.
Although it should not be an exaggerated reaction because Bitcoin still fell at its bottom price 2 weeks ago. It's still okay.

Will be today the last day for bitcoin and altcoin price dip? I am not patient when got chance to entry last night before bitcoin crash coming, maybe if waiting about one or two hours  I will get bigger and gold moment to buy altcoin on dip price. Most disappointed to early entry with alpaca coin before price crash after bitcoin dump, maybe waiting again when bitcoin break out to get my altcoin assets back to higher price.

This happens yearly and I see no problem with it. It's actually a good opportunity for those who are waiting for the dip for them to buy and accumulate more. This dip wouldn't last long and it's also necessary to balance the market flow. It could possibly strike lower but lots of analysts say that a good pump would come after this.

It would have been the opposite with the El Salvador news but it seem odd and very unusual with that sudden and unexpected dip, El Salvador case should have been something positive enough to spike the price not dumping it, I don't think this is the case, perhaps something different from it, although very hard to say, am looking out to see a better explanation to the sudden dip, am positive about the market so no panic sell for me.

None can say that accurately, but we can only speculate according to TA of current situation. So monitor/analysis the chat closely to get ideas about it. For example, weekly closing needs to be greenish in order to see rebounding, else we bitcoin could dump more to $42k level or less and other alts might dump more. But we can buy more for long term hodling , so DYOR before taking any decision.  ;)

I think it's the end of this bull run, just like the previous correction whales were waiting for enough longs to open, so they could just give a big correction in the market to make sure enough liquidity is available, the price fell around $9000 in just a day which really is too much, I think from here market would show another leg down before it would stabilize and then move sideways for a while before going down once again for one final time, people who are talking about breaking all-time high let's meet you after next halving because I am sure that thing isn't going to happen before the next halving.
How many times have you seen expected happening in this market? This is a market of the unexpected, whales were waiting for this opportunity to ensure everyone is bullish on btc, El Salvador buying BTC gave them a big opportunity and they aren't bad at encashing it.

I'm not surprised after seeing today's crypto drop. and of course there is the possibility of the impact of the decline in the price of bitcoin which makes most other altcoins go down. for me personally this is a good opportunity to buy some selected coins before the market situation really improves again.

Maybe because OP still new and he's just assuming with XRP, there's nothing to be surprised knowing that this coin still have a pending case sooner or later the price may fall for more if they won't able to resolve their problem with the SEC.

More on Bitcoin side, the market still following the influenced of Bitcoin, so what we now is the domino effect inside, Bitcoin experienced massive sell and so with most alt project.

We don't know if this will continue to dive. Whales are taking this opportunity to shake the market and to let those panic holders
to sell out and lose their investment.

I've also switched from bitcoin to solana.  I'm very interested in solana at the moment. Lately solana is growing and developing very well. An unexpected price increase occurred for the solana coin. I think solana is the solution of the future. Currently, there are many projects collaborating with solana, and the projects are also very good, such as solanium which is very popular on the solana network.

The dip was really strange to many traders which had keep a lots of traders into loses which is a sign of ranging market. Many had speculated that the price of Bitcoin is going to fall drastically into a bearish market but after the fall, the price of Bitcoin came back to $47k and later went back to $44k before ranging between the two price till now. Even though the market is going to fall, I think it's too early for the Bitcoin market to fall at this correcting period that many traders are expecting the price of Bitcoin to go back to it upward trend.

Although the dip was not so massive but there is still hope for the market to gain back it strength to continue it upward trend but no one knows when this upward trend will continue.

yes, but I don't think it will last long, this is just a small market correction, you can see for yourself and pay attention to the percentage on the market chart in the previous week. This correction provides an opportunity for you and other investors to immediately buy crypto. I believe in the near future BTC will recover and so will other altcooins.

It looks the dip has stopped already.

So what now? after the dip then everyone should be happy to see that they've got now the price lowered and if you're ever wanting to buy. Buy now while you can with those cheaper price.

Bitcoin or any altcoins that are on the top or you believe is worth holding as they've became cheaper.

Such drop downs remind people about the frailty of being, hehe  :)
People suddenly understand that one shouldn't just buy more and more of this the crap without being ready to sell or wait.

I can't say much about how much more it will fall and no one can say for sure about it. Although I am not entirely sure of its accuracy, I think the president of the United States has declared a complete shutdown. If this information is correct, I attribute the reason for these declines to this. But if there is other information, I cannot comment on it.

That correction was something unexpected, I think whales dumped on us all the poor plebs, so many people got liquidated and lost all their money, honestly I never expected  that dump to occur now when bitcoin has started gaining momentum but that's the crypto market for you, everything  dumped when bitcoin dropped to 43k in a giphy, but I saw some coins bounced back real hard one of that altcoin is near it broke it's ATH a couple of times in just 48hours, it pumped from $5.65 to $10+, near seems to be the best performing coin at the moment,just surprised it went against the correction others were experiencing.

Crypto is definitely full of uncertainties and what is happening today is purely a proof of it. The market suddenly becomes bloody seeing most of the coins are dumping and those ATH for bitcoin and ethereum that we expect to reach soon might only be put into a dream. So i think that's how it goes, sometimes we're and sometimes we're down.

But i am still hopeful that those potential coins will always recover after it dumps. We've seen this a lot of times and in the end, what we always see surviving are only those coins with high potentials and those who create huge demand in the crypto community.

That's a huge drop of price if it follows the history of the price. But some of altcoins are still not getting dumped due to the price dump that occured to bitcoin.
Maybe this market dumping that happened instantly was because of panic selling and it will recover again without having to drop about 40% but anything can happen to the price.
NFT coin seem to be able to hold their price pretty well in the middle of panic selling. Maybe this month it will either be a bullish market or bearish market that can change the price drastically for many altcoins.

Why are you surprised xrp dipped 15%.  Most alts dump harder than bitcoin at least in usd.  Bitcoin goes down in usd and if alts go down even 1 sat they go down more in usd since most alts are paid against bitcoin.

This is a healthy correction. I really don't want to see the rise all the time，This will make me afraid, because it is impossible to keep rising， Now it is like a reservoir needs flood discharge, otherwise the bank may burst.
It is normal that there is room for a correction of 10,000 U.S. dollars.

Before the price is down deeper this time, some people do not expect to see it is happening but the price really go down and surprise them because they do not expect the price drops significantly. Yes, it is a correction and nothing to worry about, but we have a good time buying bitcoin at a discount, although it is not a big discount. With the price still below $50,000, many people who have a lot of money use this moment to buy as many bitcoins as they can and hold them because they believe they will make a big profit in the next price increases.

The market turns bloody after days of being bullish that seems going to be consistent but suddenly it went down. No one knows how far it will go down because we dont have crystal ball to see what lies ahead but certainly this is a temporary situation and might change unexpectedly. Majority of coins are currently down but instead of thinking negative or the possible cause of this correction, why dont you take advantage this moment to get additional coins for your portfolio? Its not an unusual situation of the market so be used to it because thats how it works. Just have patience and set aside your emotion so you can wait longer without thinking to sell due to FUD.

Our task now is to find a spot to buy by taking advantage of the current price correction. I will place several orders, so that I can anticipate when the price is still making further corrections, so I think it can minimize risk. for now maybe I'm just focused on bitcoin and some other altcoins that are on the top board

that's right, immediately find the best target to buy. as I see, the correction may not continue to a lower point. most likely this will soon get price stabilization and slowly make another upward movement.
but we still have to pay attention to risk management because some assets still have no price tag. be careful and more thorough.

Obviously we in bloody market, maybe many panic now for there funds. But as we throw back in the past it happen many times and luckily will be back in green again. The strategy for now is to hold in long term we dont predict when it pumps back but it will be for sure.

On the othee side it is the time to buy because the price is low so when its pump its a celebration.

As many crypto supporters do, we just sit down and relax and enjoy the dip. This is not a crash, just a slight reaction or correction by the major cryptos. Of course this has an effect on all cryptocurrencies in general. This is the time the weak hands will sell again. This is always good for us those who have been in this game for a long time. So no need to worry and just continue with your trading and investing in crypto.

Two days crypto still dip price and bitcoin not have mark will back to higher price maybe on $50,000, always stuck only on $47,00 before back under $45000. when bitcoin and altcoin crash only take one hour but why for raising up to higher price take more several weeks, bad as investor and holder after entry price suddenly dump and not have chance to buy back after all money already bought on higher price.

In these two days the market went down for all coins, almost all altcoins had an impact even though it was not so big, even though almost everyone said this month and until the end of the year market conditions will be normal and under control, but if we look at today's market conditions, it is most likely late year will be more chaotic market conditions. XRP is experiencing the effects of the current market conditions, the decline in them is due to the unstable market and the trend of the coin getting out of control, if this continues, it is very likely that XRP will fall below 10% from before.

I think there will be another 20 to 40% crash that might happen soon. As we can see, bitcoin is being followed by altcoins. Once Bitcoin is crashing hard the alts to the same but in a higher percentage because of its price.

If these conditions don't return to normal soon, then it is very likely that XRP will drop below 10% of its base price, it really depends on market conditions and the stability that occurs this month, XRP has potential at the beginning of last month, but at the moment they are not so good .

The current challenges of altcoins are greater than stablecoins on the market, this will greatly affect their trading value, if normal conditions cannot be found by the middle of this month, then XRP's chances will be more difficult by the end of this year.

Have you sold all your crypto and hold usd right now ? it's quite bad saying crypto price will drop that much withouth attaching any logical analysis or even a logical reason.
Most of the investors are don't know the price will go up or no even the whales if we talk about bitcoin, maybe other tokens could be pump and dump because of low volume. But bitcoin volume is already very high and if the price move really fast, there must be a big reason behind it because i'm sure there are no whales could play the price of bitcoin

In my opinion, monitoring is getting more and more like a decline,
from last month and until now there is still a decline, it is also a fairly large decline so that if we look at the movement of the graph last month until now it is still very down, it looks like it will go down for the next few weeks, and will be gloriously normal again in the next two weeks
https://www.tokocrypto.com/trade/XRP_BIDR

As many crypto supporters do, we just sit down and relax and enjoy the dip. This is not a crash, just a slight reaction or correction by the major cryptos. Of course this has an effect on all cryptocurrencies in general. This is the time the weak hands will sell again. This is always good for us those who have been in this game for a long time. So no need to worry and just continue with your trading and investing in crypto.

I already placed my orders and some of those have already been filled so I only need to wait for the rest order to be filled. If the price bounce after this time and I can not fills all of my orders, that will not be a problem as I already have some amounts that are ready to sell at a high price or I will still hold it until the price starts other rally. Focusing on bitcoin will be enough if we are confused about selecting the altcoin as crypto has many altcoins that we do not know which coin will increase later.

The lowest so far is $43k, and is currently in the $45k to $47k range. it looks like the price of bitcoin will be in the range of $45k and above in a few days or weeks. if things get worse, we might see another $43k price. however, for this week, it looks like we need to hold our assets. I still strongly believe that the bitcoin price could hit $50k again in the near future.

I do believe that it will not last too long. Obviously it is not a good thing to see crypto dropping this much, but it is also not a horrible thing like end of crypto neither. It is just not a good period and I believe that we should be feeling fine about the recent drop.

When there is a correction in the crypto world, that usually means that we should not be focusing on anything but the recovery period, because we all know the recovery will eventually happen. What this means is, if you buy at the current prices, then they will go back to what it was a few days ago and that will be a profit for you. If you know that you will profit soon, then things suddenly become a lot easier to invest.

You can follow this provided article links below to know about present cryptocurrency situation, you can making a understand over this.
https://www.google.com/amp/s/www.nationalworld.com/lifestyle/money/why-is-crypto-down-today-cryptocurrency-market-crash-price-of-bitcoin-solano-ethereum-xrp-and-cardano-3239302%3famp

You must know XRP completely mate, because basically the concept of XRP is very unique and very good, apart from the problems that have befallen XRP through the SEC, because it also has to do with politics, but in general you have to look at the volume and fans of XRP and also the concept that has been well built.

Challenges in the market always occur every year, so it is very natural because every Altcoin always competes with each other to be the best and this clearly has nothing to do with stablecoins.

Well the sale was way too much. One or two whales have sold their Bitcoins after the thing with Ecuador and many followed paniclly. Is was also certainly because in the crypto area so much investements are leveraged and many were caught with their pants down and a margin call has set in. Now the money is flowing back again. Almost all coins have their value again from about a week ago.

Aparently 400M crashed somehow wotrh of BTC

we must have another view when the price is experiencing a correction, every correction is an opportunity to find a buy area, so we must be able to prepare it to find the best price, especially for traders, of course, will be more observant in determining the buying area and its support, as a basis for making transactions. I think we will still feel calm if we place capital in trusted coins, such as bitcoin, ethereum, binance

No need to worry mate. Be strong and stand still despite the market experienced a sudden dump. Bitcoin is showing again its potential and dominance in this decline. Moreover, in due time the Bitcoin and some of altcoins will recover again in a matter of time.

but it can also be part of a gradual decline. you will not notice it because with every correction that occurs there will be an improvement in the market.
but I hope it doesn't turn out the way I thought it would. because this market still looks safe. and some assets that have experienced a correction are still good for trading and investing.

Its not new though. You cant determine when bitcoin could crash. Even after all the bullish news that El Salvador created, Ukraine adoption and other bullish news, still this dip has come. In my own speculative opinion, its fake bearish move. I believe this is fake and market manipulation is happening. Someone is earning right now and then and would keep earning. I heard that this is cause by over leveraging but I doubt it is. Someone or some groups are causing this selling and probably accumulating again at a lower price.

Unfortunately, the correction can become deeper as we see the price now is down to $45k. We need to stay calm in this situation and not panic because this situation will change as this will not stay forever for the market. In this correction, we can buy more but always analyze before deciding because we do not know what will happen to bitcoin later so we need to be careful.

It's true that for the current conditions we need calm because after all, when we panic, we are most likely to lose money,
at this time we must continue to analyze this correction,
The most important thing is to keep an eye on market movements

I don't doubt the concept built by XRP buddy, the uniqueness of XRP is actually very good and different from other coin concepts and this affects people's actions in assessing and seeing XRP itself, I don't dare to go too far into it regarding the political terrain, but XRP as a whole overall good for the future.

Current market conditions are not a reference in analyzing future XRP developments, almost all coins have problems if market conditions are not normal and almost every year we find market conditions like this in an up or down state.

With the current decline in Bitcoin prices, it is very influential with the decline of other altcoins such as BNB and TRON which have a downtrend chart that is almost the same as the chart on BTC, then is there a price prediction for a bounceback? or will the downtrend continue during this Q4?

There's no way to determine how far it would crash, just like when we are seeing the market pump with huge numbers, in short, this is just normal in the crypto space, and therefore there's no need to panic. As per the trend, usually, bitcoin dump lower compared to altcoins because on the opposite side, altcoins can also pump more than bitcoin can in terms of percentage, some altcoins had already increased 100 times this year alone, bitcoin has not done that.

That is why I prefer to invest in the small marketcap altcoins, the potential is huge compared to the top altcoins. Only 10 or max 30 % is ok for BTC holder while altcoin investors don't take profit even if price goes up 300%.

You don't have to be that aggressive, putting all your eggs in one basket is too risky, maybe you need to diversify. In my case, I put the bigger portion of my investment on bitcoin and the rest is on altcoins, though I believe on the higher the risk, the higher the reward, but I also believe that it's very important for investors on how to learn how to manage the risk.

I wont buy btc yet at this price, best to wait it out , maybe it will fall below 40k soon.

you can wait for it. the situation will probably lead to your prediction. but to anticipate market movements, you can enter with a small percentage of the total capital that you have prepared.
because if market support will strengthen quickly, you may be left behind to join the next pump rally. I guess have your best asset now. hold and you will benefit in the future.

Those who have invested a lot of money into the cryptocurrency space will always be worried that there will be a large drop in the market, because simply losing money is not everyone's goal and it is a very bad thing to happen under current conditions.

what do you expect if we use exceptions in XRP's special market analysis, market volatility is an event that can be analyzed but the analysis is not 100% correct in theory we have to put a margin of error analysis, you give up too quickly if your analysis is not fast and sharp.

true , but xrp inicial price of 0.002 Per token has made any investor massive profits since 2017

we have seen bitcoin price dumped many times , and if we still panick see this maybe evaluating our mental and psychology need to do. in the past sudden dump happen many times and it could recover again immediately, in the last big market dump till $29k it also recovered to $52k in few days ago.

Analysis on a coin must be done regularly and evenly at all times because to know the market volatility and price fundamentals it will not be enough if it is only done in a matter of days, especially the coin being studied is a coin like XRP.

Even better coin to watch is Cardano, with such a big supply.
This one can come to spot #2 instead of Ethereums ?

Welp, time to start building a shopping list. I do love me a good sale.  ;D

Just gotta avoid checking my current holdings for a few days or weeks.

There is nothing surprising that Bitcoin is decreasing less than other altcoins, as when Bitcoin starts negative trends and decreases by 10%, other tokens can decrease by 15% and more, as people are used to selling something more risky first and continuing holding Bitcoin. Actually, I don’t think that it is the start of a new bear market, there was no bad news.

Buy dip and sell high is the slogan in cryptocurrencies trading, a hodler need to learn when to buy at dip and take profit at high and always avoid greediness, I am not surprise with price correction or dump it is normal because price movement is not a one way traffic, another unsual price drop occurred on 13/09 which cut across all the prices of cryptocurrencies, that is why I encourage taking profits appropriately to avoid getting liquidated by unsual price drop might is unpredictable and defies any form of Technical Analysis

10 days later, still dippin

It seems that this advice turned out to be prophetic. But I was lucky that I was not greedy and was able to sell some of my Bitcoin reserve before the fall. Now I can wait more calmly and look in which direction the market will move.

Then there's a reason to believe that it's a bear market because there's no bad news, it just happened and until now the market has not recovered yet. Today alone, bitcoin has dump another 7% and it dump below $40k which is a worrying sign that it could go down further. When we say it's bearish, the downtrend is more dominant than the uptrend, so probably we would see that soon.

In fact, today Bitcoin price has fallen, again and again, the lowest price was at :$39,787.
That is not good. How if the price breaks $38k? I am afraid that it will continue to drop.
Hopefully, that will not happen. Right now, the price comes up again and hits $41,555.
Really hope that Bitcoin will continue rising in order also to lead altcoins rising up.
So sad when seeing my portfolio drops again very fast, but I also know that the crypto world is like this.   ;D

From a broader perspective, we are already in a bear market. We had the top at around 62k and dipped 39k last night. We have broken the low (42k) from a few weeks ago to the downside. A lower low than a recent low before, shows that we are already in a bear market, even if it is not as strong so far as many previous ones in the crypto market have been.

And that there is no bad news is not quite true either. The sell-off also had to do with the fact that stable coins are to be more heavily regulated. While this is not a bad development overall, it does pose a problem for some business models in the crypto sector.

 Market down more than last correction. Bitcoin down almost /$10k in a day and that badly  affect on altcoin. Every protential has down already I think this may be a advanced signal for bull market. Even may cause bear market . This is good time to make some profit . Traders are looking forward for this kind of correction so that  they can buy deep and sell high . And today can see market is green again. This is actual cryptocurrency

Don't look at daily prices, think of crypto as a long term investment. There are many coins available in the market today, but by using the criteria above, you can narrow your search. ETH, ADA, XRP which I really like, are the ones I can recommend and are definitely the best for long term investment. Maybe the recovery will take some more time compared to the last corrections. And I wonder if this is a signal for a new bull market.

Crypto is a long term investment.I think this is the tules Price up and down. But price  will not compared Daily. Few days ago bitcoin price was $49k+ but now bitcoin price $43k+.So bitcoin price and others crypto price little dip today.I think every valuable crypto price will be increase this year.

That's the extent Bitcoin can indirectly go to show that it's still the pathfinder and ultimate coin in the scheme of this industry. Once Bitcoin sneezes, the industry catches the flu, literarily speaking. However, what's happening now is a momentary market mechanism called correction. I don't think there's much to be alarmed about. I expect a change to bear season next year, not this year.

No one can be certain on how dip it would be but one thing for sure is that the market would surely rebound and that only should be the kind of hope everyone should hold on to.

The market is very difficult right now, indeed. However, the solution is simple - IDOs.
One of trusted IDOs is AcknoLedger. They will provide it in a week or so. But DYOR.

1 week of what a sure profit is that what you mean? since if you said that sure profit thing to us here then provably I will doubt about how legit the project is since there's no such thing can give us a sure profit knowing crypto is so volatile. I would rather go with the top alts which currently at the dip right now since provably they can recover back after those fuds from bitcoin will flew away and the supporters will start to accumulate again.

I personally won't look the way of cardano right now cus I feel it's already too expensive, though I know theres still a lot of room for it to grow as bitcoin continues to grow, but I will rather put that money on some good low cap coins verified to have good potential to grow in the future...there are several of them still hidden on coinmarketcap and with proper research, they will be discovered.

However, on the other hand, such a cyclical nature opens up excellent opportunities for both amateurs and trading specialists. In any case, a significant upturn in the market at the beginning of the year has seriously revitalized the entire crypto space, which has allowed some coins to partially regain their lost ground.

nothing is impossible, it just takes patience to wait for the price to start rising again.Judging from all the markets starting to show a decline, not only the big altcoins,, bitcoins are also showing a decline,just save it first, friends, and start looking for opportunities for us to let go.

We will watch how the news from China and the ban on all activities with cryptocurrency will work. After the correction, I hope for growth and regulation from China until the new year, they should resolve all their issues, I hope the ban is not final and this will not cause further problems.

These crashes will keep on happening all the time as long as there is no rally to keep it going up. This is how crypto reacts, we are talking about something that is bound to happen one way or another. Firstly, we all know that it will either go up or down, this leaves us the choice to go up, how could we go up? We could buy more and more, if the price is not going up, and if it is getting stuck at certain number and fails to go above, what does that mean? It means it is not going up, and that leaves only one option available. That option is going down.

We all try to make it go up, we hope for it to go up, we wish it would be 50k but as long as there isn't enough money to make it go up, then there is no way that we would ever see it as high as it could get. This is why the price goes down and this is why it will keep going down for a while longer unless we change something up.

Exactly! The market is volatile and super reactive when it comes to FUD news, especially those China FUDs.

But history has shown that this is only temporary and that the market can't be suppressed for very long not when giants like Tweeter announce crypto backing. It looks to me that this is the start of the good news and this is only a temporary bump. We'll see but my optimism is running strong  ;D

Bitcoin corrected and in that case, you guys must buy your bitcoins at this rate. It's because that we may not see the price at this low again, hopefully that we'll see the high prices soon.

Many peoples were feeling we are going to be seriously down after China factor, but good thing happen and community completely have no bad reaction or any correction after this news because now community already know about this all what is going on and how is this happening.

Even few other factors also working very badly but on other side we have some very good and solid adoption from few countries and some positive news about soft policies from big countries also helping very positively specially Ukraine and now Laos both will have good impact on market for some time.

The dip in the market nowadays is clearly as a result of fud or what some might even tag manipulations of different forms to force most people to sell while whales buy cheaper. Looking at the market nowadays, every now and then, it is about one ban or the other, or about a country or business stopping crypto services and so on. But amidst all these, one of the surprising thing is that, the market is still striving to be strong, keeps striving to withstand all these bad news, which shows that, the crypto market years ago, is not the crypto market today, that is, what we have today is a market that is more stronger than that of years ago, if not we could have seen more dump.
My own suggestion is, in as much as we don't know how far or how long all these will take to stop, look long term towards those coins whose team are trying, especially DeFi coins because with all these bans, many people will find DeFi coins and Dex more attractive.

Indeed, there is no sign that the market will recover in the near future, but indeed we must not panic in a situation like now. If we have extra money,
we can buy some coins that we consider potential, because almost all coins are now falling in price. My choice is the same as yours, prioritizing buying
top crypto, because I don't want to risk buying shitcoins. But if we really don't have the money to buy coins right now, we can just hold the coins
we already have. Because as long as we can be patient waiting for the market to recover, there is nothing to worry about, the market crash as it is now is
a common thing in the crypto world. Because in the end the market will recover and we can get profit, so don't sell the coins we have now.

If you understand how this volatility works in the market, then you will never resort into panicking. All you have to do is to be even more patient and hold them until the profits again are becoming more visible.

However, if the market prices continue to drop, well take this opportunity to buy again those top coins in the market. You won't have to deal long with the market dumping because it will always recover until you see those top coins reach another peaks again. So it might be a matter of patience and taking risk whatever this market has to offer.

Maybe we have to close our eyes just for the sake of not seeing it but that actually impossible...

We really hate how these FUDs make some influence in the market. But I was happy also coz the price will dump and have the chance to buy coins at a cheaper price, may some investors took the advantage as well, I know that. Some got disappointed while many were get busy accumulating coins. I can say that this (FUD) gives beauty to the market and the more it gives volatility on the price.

I was actually waiting for that moment to appear, with the coin price dropping in the market, of course I would use the funds to buy coins and wait for the market price to rise, some of those who saw the coin would be surprised and panicked, and that didn't apply to me, it's just a matter of time and just be patient, use your funds well in responding to market prices so that you are far from the risk of loss.

theoretically, of course you are right, that waiting for the coin price to fall is the most appropriate thing. where to start buying and holding until the time starts to increase, according to our wishes and do to start selling it.
Of course you are among those who can anticipate because of the existing experience, because panic will always happen to anyone even though he also has experience. if you see the situation does not match the predictions that have been made, what makes the difference is the solution to it. where the experienced will not immediately move but analyze again not for the inexperienced, it will take actions that result in losses.

i thought it was expected so why your still surprised ?
there maybe bad news that happened last time but i dont expect that prices will go down because the situation can be reverted anytime of the day  and the price predicted price wont happened at all .
its also normal that when theres a dip in the market the price of the alts go down faster and deeper than in btc because they are lighter and easy to move .

In general the market is dropping today (bitcoin, ethereum, BNB, ADA red), but I'm happy because some of my coins are actually going up, this is important for us to divide assets into many places, if we are too dependent on strong coins like ethereum or BNB then we will lose, invest in lots of proven coins can cover losses if the market goes down like today.

This current cryptocurrency market is not really predictable because anything can happen any time. We just have to keep eye on the current deep and invest in the right or particular crypto coin of interest. But sure bitcoin price will recover and other altcoins too will recover.

Crypto is a very volatile type of investment, ups and downs that can reach more than 10% per day are common, when the market dips like now then this is a good opportunity to buy because you can get a cheaper price, I'm always optimistic the market can rise again so buying when dip is the best decision.

Great news for fiat holders right now. It's his time to enter the market at a price that already has a discount. Usually within a week we've seen prices go up. Always monitor the movement of bitcoin. Because the candle with altcoins is almost the same.

Everybody is excited to see October 1. This is a remarkable day for traders as we are about to see some massive pumps this month. Better position yourselves to your HODL crypto or better buy more.

after yesterday's correction. many people say next month is a good month for the crypto market. and now maybe we should buy before the high jump occurs. even some altcoins have also started to restore prices that have been discarded. now we're about to get close to the high jump.

Unless if they have the courage to risk their money for a volatile market, then they got the chance but are not sure if they will be able to hold it when prices keep moving down or they be in panic selling. That seems it brings worse on the market rather than saving it from getting into the dip.
This will be great news for those who were waiting for the market to drop but this is bad news for those who bought crypto during the surge.

May we think this is not new to the market but still there are a lot of people been asking and worried. And this will simply mean that not all are prepared, they lack trust and so they think negatively once there is a price fall.

Buying it now seems like the right time. Because we are currently getting discounts from the market that is entering the dip. It even achieved more than a 10% decline. We're going to get a very cheap price right now.

In early September, I sold several altcoins from my portfolio for a good high price. Now, with the beginning of the fall in the crypto market, I again placed orders only to buy the same tokens at a lower price. Hope to get a good catch and increase my deposit.

How log have to seen this Dip I don't know but historically we should have taken a crypto pill for September to December . The previous years we saw the decline graf but this year it is really unpredictable and irritating . Eventually I will say we are optimistic hopefully in future the grand big bull ran will come.

I think you should make your target for trading so you don't have to check every day, but if day trading is your job then you really have to check the market conditions at all times, the current market decline in my opinion is only sideways and will not go down in like a few weeks then and according to my prediction btc will not drop below 37k$.

Some coins went up, some coins crashed. I am checking the bitcoin price and I see it at 41k then over 42k then under 42k and it basically keeps going up and down inside of the day, and not like that is a small amount neither so I assume day traders must be having a great day or a horrible day. I personally believe that there is a good chance we could see prices be more and more volatile for a longer period for some more time.

I realize that it hasn't been exactly stable for the past few weeks but I think it is just not ending at all for now. Best course of action would be either be a great day trader so that you could make a good profit, or just do not touch your coins at all and leave them be for a while without doing anything.

I think the current market is not too dip, this is just a normal correction as long as the percentage is still 10-20%, so far the market is still healthy Bitcoin and Etherum still have a pattern that can still be pumped maybe towards the end of the year the market value will go up, because that's the pattern crypto every end of the year will increase. So don't worry, there's still a chance for market to grow up

I think the drop happened yesterday and it was a pretty big drop too. The same thing happened with ETH, dropping from $3,700 to $3,100 within 30 minutes. It's hard to tell the truth. It all happened in such a small period of time that I only saw the results. Grin Bitcoin is down 10k dollars and it affects altcoins very badly too. For now, I see the market is trying to recover and not drop further than this. It is very difficult to predict the next move for now. Maybe the recovery will take longer than the last correction. And I wonder if this is a signal for a new bull market.

Correction is always normal once the market is too bullish, as you can see, we have been struggling to reach $50k again and after that China FUD news, bitcoin has been slowly bouncing back, so seems like the fear is still there and people are not buying it yet unless there's good news that will pump up the market again.

That's why I always suggest to newbies that before plunging into the crypto world, first learn how the crypto world works. The goal is to understand
the crypto market which is always volatile and can cause panic for those who don't understand. If we already understand how the crypto market works,
it will be easier to control our emotions, to be more patient for holding coins to make a profit. Actually we all get the same opportunity to make a profit
in the crypto world, most importantly we can know when the right time to enter and exit. Especially if the market falls, immediately take
the opportunity to buy coins at low prices. As long as we choose the right coins, then there is no need to worry if we see the price fall, no matter
how deep the potential coins fall, they will always recover again.

Don't always look at the price of cryptocurrencies every day you think of cryptocurrencies as a long term investment. Check your project's pathmap, stability, and use cases, but as a long-term investment I'd recommend looking at a quarter or a year to compare its price rather than a year. follow it daily and you will see much worse than that. On the other hand, you will panic about the price going down and will start wanting to sell all of them, I recommend you simply turn off all price tracking apps and get yourself into other living habits instead. Always keep an eye on the price every day like that.

we can't say anything for sure about the market correction, whether it will continue or only drop a few percent. however we hope that market conditions will continue to improve until the turn of the year.
since the last few days the market is indeed experiencing a correction, but what I see the market correction that occurred this year only has a small setback and the correction is only caused by some media or because of news that corners digital currencies. I think because the influence of the news will have an impact on the market.

Dips are mostly the buying time and even those few days back had brought at 43k levels today would be sitting 7k profits per btc. Recovery happens in crypto and sometimes it just happens quickly that it slips away from your hand to buy till then price has already risen a lot. So never to miss the buying opportunity if need to make profits here.

then why not create another thread now as 1 month after this post Bitcoin increase more than the losses you posted?
20% growth in the last 7 days https://coinmarketcap.com/currencies/bitcoin/

oh i see the objective here, Advertising for free lol, this is the work of Cheap company that wanted to have viewers for free lol.

if you are not familiar in Bitcoin activities then you may have this second thoughts but Me being known Bitcoin for years, if having funds to risk will always buy bitcoin even how much the value is.
because what i believe is that over the time after years , bitcoin price will continue increase and this will signify our confidence and trust in this currency to bring us more and more value .
this is why we must Only check prices if we are trader , but if we are holder? we must not care about the movement everyday.
instead what will come in each Bull because bitcoin is not like shitcoin that is manipulated and pumped easily.

There are a ton of coins accessible in the market at the present time. Be that as it may, by utilizing the above models, you can limit your hunt. Each of the one needs to do is to tie the crypto and afterward trust that the entire show will flame out. When the tempest quiets down, one can securely sell and afterward pull out in real money. It is truly difficult to foresee the following developments for the present. Perhaps the recuperation will take some additional time contrasted with the last amendments.