Reason behind recent drops in crypto haven

[minairia3]

The panic on world markets unfortunately very much affected the cryptocurrency market.

Not just the panic on world market but also a lot of factors. Of course the article will say its about corona virus, but the truth is, some are just using this as alibi to hide their clear intention of dragging down the market. How many investors are probably waiting for this dip? I am buying small orders too cause I know after halving we can see how the market slowly recover.

[Sanitough]

The panic on world markets unfortunately very much affected the cryptocurrency market.

Not just the panic on world market but also a lot of factors. Of course the article will say its about corona virus, but the truth is, some are just using this as alibi to hide their clear intention of dragging down the market. How many investors are probably waiting for this dip? I am buying small orders too cause I know after halving we can see how the market slowly recover.

You are talking on the whales,.. we can't confirm but maybe we can agree that they have been manipulating the price.
Actually this does not only happen now, it happened even in the past so we can't really be too confident that what people are expecting will happen because of the power of the whales to manipulate the market.

[samcrypto]

The panic on world markets unfortunately very much affected the cryptocurrency market.

Not just the panic on world market but also a lot of factors. Of course the article will say its about corona virus, but the truth is, some are just using this as alibi to hide their clear intention of dragging down the market. How many investors are probably waiting for this dip? I am buying small orders too cause I know after halving we can see how the market slowly recover.

Some whales are doing this because they know they can earn a lot if there’s a cheap bitcoin, just like what happened when we hit the $3k level last March and I’m sure they sold at the level of $7k this April. The virus is just another story but whales knows the best for them to make more profit. We cannot see the real reason on every dump, just go with the flow and have a plan especially during on a panic moment.

[leea-1334]

That is right, so how about we see the market will address soon in light of the fact that this large dump should just have an impermanent impact.
Nonetheless, we can't likewise disparage the conceivable impact of crown infection, it has influenced the economy internationally so by one way or another it would influence crypto too.

Nice new word, impermanent;) But nothing is permanent in crypto, as we all know. All time highs last only days, minutes. And even the last crash we saw, today we are almost 100% recovered for Bitcoin, and the rest of altcoins will follow too. Just wait, you will see. Rise and fall. It is all a big crypto cycle:)

[Kelvinid]

Nothing has to look especially about this. We've been is scam almost every time but somehow the market never swing that way, it maybe it was just a coincidence that the market dumps a few days after the said 13k BTC scam. But above all and most people has to think about the reason for this is because of the virus outbreak, it could be more reliable (maybe).

This is to think that crypto isn't a safe haven, the risk remains high. The ups and downs will still exist. And whatever is the reason for its fall, we have nothing to but to face and accept it. We can still recover from this.

[lienfaye]

This is to think that crypto isn't a safe haven, the risk remains high. The ups and downs will still exist. And whatever is the reason for its fall, we have nothing to but to face and accept it. We can still recover from this.

The investors who can bear seeing the price fluctuating are the ones who can stay longer and possible have a big gains. Price drop is quite common regardless of the reason, even before its already happening in crypto sphere so we should not be surprise if the market is like a roller coaster ride.