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I don't really think this alone can cause market crash to the extent we experienced of recent. Something else had added to it. So many bad news were released during the early days of the week and this caused why all the crash happens. Series of bad news.
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I have been there, I can tell you the end result is mostly not cool. I later realised that it's like high hopes is greed because the players of the market knows more than you do. you might determine that you want your 100$ investment to turn to 10,000$ while you end up having 50$ or lower after the players leave the market. Take profit at every time that is good and reasonable.
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This is happening of recent, scammers are now using this and telling people to send eth to recieve double or triple. A friend of mine even sent some eth . so sad he did so before telling me. Lets all just watch very well. There is a way to know these scammers. There is always diffrrence between real and clone account. Dong rush or hurry to do anything, check well before doing anything.
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Peak - 16 Dec: 20.000$
Dip - 30 Dec: 12.600$
Peak - 6 Jan: 17.100$
Dip - 5 Feb: 6.900$
Peak - 4 Mar: 11.500$
Dip - 7 Apr: 6.600$
Peak - 5 May: 9.800$
Dip - 28 Jun: 5.800$
Peak - 24 Jul: 8.400$
Now we are at 6.200 going down to the next even deeper dip
This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral
This is what we have been experiencing in cryptocurrency this year. It has been ups and downs and downs are getting more than ups. Three steps down, one step up. Its true that some sudden investors are leaving because they are afraid of getting down the more. This has to stop for new money to enter the market, for this to happen an assurance news needs to be released for a bullish trend to start. |
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Its easy to say because its not a friendly thing to see your money draining bit by bit. Yes people want to make money, but they didn't think of it this way. Whoever think investing is so easy, then let him invest and not panic sell or complain at any time not minding what happens. Lets tell ourself the truth here, no one isnt afraid of losing.
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Actually I am just hearing this and its surprising. I hope this is not going to cause another panic and confusion in the Crypto community. I hope we can have some clear differences between these terms so everyone can know what's being referred to at any time.
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This has been the usual activity and style , I think it comes every two weeks or once a month. The huge manipulation occur often. And then you will see a major rise that will make you go sad after you panic sell. I have known this and will use it at my gain. No more panic selling.
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Yes this year so far has been a very challenging one for cryotocurrency. This has really discourage many newbies and incoming investors. The present market situation is not encouraging. I think gradually, we will be left with those that understand their investment and what they put money into.
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Really this is a huge milestone and will definetly take a somewhat long time to achieve. Its possible for bitcoin to do this as it has many uses. I am patiently waiting for this time to come
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We have always known that one this is one of the goals and aims of cryptocurrency. I believe the world is going to change for good with this new payment revolution system that ensures freedom and transparency. I hope it happens soon enough
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Honestly I hope this is really true of this unhackable bitfi wallet by macafee. I have never seen anyone like it. Although I haven't seen it or used it or try to test it. but I see that macafee us very confident about its security and boastful of it always. I hope its as its said to be.
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It is an investment fact that high risk usually result to high reward. This is very true. Its important to always invest what you can afford to lose when taking risk because it can lead to high loss also.
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I don't panic because I do my homework well and I outline my investment and risk before I embark on them. I am confident things will be fine. Very soon it will happen . lets all wait for it to enjoy it.
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I think we should try and look beyond this ETF and SEC issues. It might be a form if distraction and manipulation in this spaces. We will just keep our holes high and we might wait and nothing will happen. Lets keep hope alive.
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This is indeed a good development. I am sure we will see more of this very soon. I believe with this kind of development, we will see more standings and progress of Bitcoin and cryptocurrencies.
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I don't see cryptocurrencies replacing the usual currencies. This I my believe. What I see is cryptocurrency establishing another payment method that will go round, providing better solution which will leave people with no choice than to accept it. When this happens, the world is ready for it.
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Definitely we are going to experience more of this. The time is still early now and i think its a good development and introduction . I love it so much.
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Unfortunately there is no safe haven now. All coins are dipping at different rates. If you buy anyone now, it might later dip more. Only safe haven now is tether (USDT). Or sell to fiat. We hope this dip stops very soon.
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I don't think can cause this present dip or dip to Bitcoin. Price falls are caused
By movement of huge funds that are way more than this front the Crypto market. It will be good of hackers and thieves can be nabbed in the Crypto industry. Kyc will be a good end solution .
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Who knows if this going to happpen again . for now its doubteful, a major thing that trigger that can increment the volume increase is a major positive news. This will help to bring in more confident to invest.
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