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March 11, 2023, 08:07:57 PM |
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We are currently in the bear market. And there has been series of unfortunate occurrence since the past few months causing panic in the cryptocurrency world ranging from Luna crash down the FTX fresh. But the market will recover as we face the next Bitcoin halving.
One think I have come to understand is that the panicked that arises about the drops in bitcoin price within these few months, these panicks emanates from those that have no strong background about the market. There will always be storming days but only the strong can withstand the length of time it will take to withstand the storm especially when such timing is lengthy, and that's what we're going to experience within this long bear period, many will fall off along the way, that only those that keeps accumulating and hodling will be the ones to smile when the bull season shines, only that we don't know when yet but surely it's gonna come. Well said. This extra panic is the main reason we face losses because those are created from their emotions and they often take wrong trades based on these emotions and suffer as a result. We have to admit that cryptocurrency trading is all about ups and downs and the current season in the crypto market is a bearish season with prices dumping so much. Dumping and pumping both are the part of trading and you have to earn profit with your skills from these season. When it's time, he rules this dumping and pumping market. And it is seen not only now but also in the past years.
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Patrol69
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March 21, 2023, 04:44:44 AM |
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The crypto market has been heavily dumping for some time, but now the market is back to normal. The market value of all other coins including Bitcoin has already started to increase. In the beginning of this year the market had increased a lot but again for a few days the market dumped heavily but now the market is in a very good condition. The sale price has already crossed 28 thousand dollars which is the highest in the past times. If the market can create a support in this situation and if there is no bad news in the market then I think the market will move higher.
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Rupok
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March 28, 2023, 11:54:23 AM |
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One of the reasons for dumping the crypto market is the increasing number of unqualified individuals. Some people with little knowledge about crypto create a volatile situation in the market.They want to get rich quick and start investing without any analysis. When the price goes down, they start panic selling which leads to dumping the crypto market.There are many reasons behind the crypto market dumping.Market dumps and pumps are a common thing with cryptocurrencies, but the most we notice is that the market is just dumping day by day. This can happen to all investors.
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Jating
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March 30, 2023, 08:05:37 PM |
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I'm just looking at the date of this thread, and it seems that it was open during the bear market in 2018. So yeah we all have our speculations as to why the price is going down or why people are dumping. And it's true, it's bear market again last year and the price really plummeted hard, but it seems that this year, at the beginning, the price is on a sustainable run. We've seen the worst last year for bitcoin at $15,500 and now we are almost doubling that price at $28k. So there could be many reasons for the dumping but for this year, for me this is already a recovery year and then next year will be the bull run.
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Baoo
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April 11, 2023, 10:59:02 PM |
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I'm just looking at the date of this thread, and it seems that it was open during the bear market in 2018. So yeah we all have our speculations as to why the price is going down or why people are dumping. And it's true, it's bear market again last year and the price really plummeted hard, but it seems that this year, at the beginning, the price is on a sustainable run. We've seen the worst last year for bitcoin at $15,500 and now we are almost doubling that price at $28k. So there could be many reasons for the dumping but for this year, for me this is already a recovery year and then next year will be the bull run.
Well, I was thinking about that too and to be honest, the crypto market always goes up and down but in temporary period. However sometimes it is not easy to find out a specific reason for any new condition. In fact, we should be careful in taking decisions especially in tough moments like bear run. Regrettably, Bitcoin is controlled by capitalists and whales, they literally own huge quantities of this digital coin. Furthermore, Bitcoin had a nice rise at the beginning of this year and the current situation of market is under improvement. It is basically progressing slowly but absolutely surely. It is necessary to purchase Bitcoin as much as possible specifically during this period before the price increases significantly.
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ItsCrafty
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April 12, 2023, 01:09:50 AM |
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I'm just looking at the date of this thread, and it seems that it was open during the bear market in 2018. So yeah we all have our speculations as to why the price is going down or why people are dumping. And it's true, it's bear market again last year and the price really plummeted hard, but it seems that this year, at the beginning, the price is on a sustainable run. We've seen the worst last year for bitcoin at $15,500 and now we are almost doubling that price at $28k. So there could be many reasons for the dumping but for this year, for me this is already a recovery year and then next year will be the bull run.
In the end of the 2021(Month of October) the market was full in swing and very big money was entered in the market. Metaverse and Meme token was pumped dramatically but suddenly market started dip down from whole year market was very bad and Btc down to 15k and now from start of 2023 Market again started to rise and Btc once again trading above 30k. 2021 market down biggest reason was China fud where china (The biggest miners of Btc) put banned on Btc and crypto related activities which created fear in market. Later Elon musk also tweeted some bad tweet about Btc which dump Btc to 30k and obviously other altcoins dumped much harder. In 2022 some more bad News of Luna crash, Ftx Bankruptcy dump market further to 15k.
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.gustafson
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April 13, 2023, 04:45:48 AM |
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In the end of the 2021(Month of October) the market was full in swing and very big money was entered in the market. Metaverse and Meme token was pumped dramatically but suddenly market started dip down from whole year market was very bad and Btc down to 15k and now from start of 2023 Market again started to rise and Btc once again trading above 30k.
2021 market down biggest reason was China fud where china (The biggest miners of Btc) put banned on Btc and crypto related activities which created fear in market. Later Elon musk also tweeted some bad tweet about Btc which dump Btc to 30k and obviously other altcoins dumped much harder. In 2022 some more bad News of Luna crash, Ftx Bankruptcy dump market further to 15k.
Crypto is like a rollercoaster that never ends. The China FUD and Elon Musk's tweets really shook things up, but it's great to see the market bouncing back. We just have to stay strong and HODL through the tough times. 💪
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Litzki1990
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April 13, 2023, 06:32:02 AM |
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Market principles are like this. You should never expect the market to go only one way. That is, we always think one thing that why the market does not grow continuously. If the market only grew then the market would not exist. At the time of your posting the entire crypto market may have been very bearish but if you observe the market now, hopefully you will notice at least some change in the market and that change is definitely a positive change. But now the entire crypto market is positive. The market is growing step by step.
However, there is a possibility of the market peaking in 2023. From this possibility, we can expect that Bitcoin and other digital currencies will fulfill everyone's expectations this year. Of course we will wait for that market.
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cydrix
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April 15, 2023, 04:59:22 PM |
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Just a quick note to clarify that the problem of a coin's declining price isn't truly related to dumping. I shall start by blaming dumping as a result of a poor project. If people know a coin is valuable, they will at least hold onto it for a little while longer rather than throwing it away as soon as it reaches them. The second aspect is that some projects are doomed to failure due to fraud, therefore a bounty hunter who is quick enough to send a negative message through Telegram would dump it as soon as feasible.
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MGLLOV12%
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April 20, 2023, 11:00:41 PM |
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I don't know if writing here is correct but I am here hoping to get help from you all here are very big account owners except me brother I also want to create a big account like you I know it takes a lot of hard work to do that I am also working very big like you I want to be like you if everyone cooperates
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touseefahmad1999
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April 21, 2023, 12:29:31 PM |
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There can be various reasons why the crypto market is experiencing a drastic dump. Some of the common reasons include:
Market Sentiment: Market sentiment plays a significant role in driving the price of cryptocurrencies. When there is fear, uncertainty, and doubt (FUD) circulating in the market, investors tend to sell off their holdings, which leads to a market downturn.
Regulatory Measures: Governments and regulatory bodies around the world have been cracking down on cryptocurrencies in recent years. These measures include strict regulations, bans, and restrictions, which can negatively impact the market.
China's Crypto Ban: China has been cracking down on cryptocurrencies for years, and in 2021, it intensified its measures. The Chinese government has banned mining operations and has issued warnings to financial institutions against dealing in cryptocurrencies. This has caused a significant drop in the price of cryptocurrencies.
Elon Musk's Tweets: Elon Musk, the CEO of Tesla and a prominent figure in the crypto world, has been known to tweet about cryptocurrencies. His tweets have caused significant volatility in the market, and his recent tweets about Bitcoin's energy usage have caused a drastic drop in the cryptocurrency's price.
Technical Factors: Technical factors such as low trading volumes, a lack of liquidity, and increased volatility can also contribute to a market dump.
It's important to note that the cryptocurrency market is highly volatile, and market downturns are a common occurrence. It's crucial to stay informed and make well-informed decisions based on research and analysis
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Jocuserious
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April 22, 2023, 06:55:52 PM |
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Because I'm not ready to lose money right now. One reason is that in the past few years I have invested in many projects but could not collect much profit. You may know that since 2017 there has been no bear market yet. On the other hand, all new projects are more risky now. So there are many suffering investors like me who are sleeping so there are few investors in crypto now.
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Quickex Exchange
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April 22, 2023, 09:55:44 PM |
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When we see a massive dump, it's often because of a mix of things. It could be negative news, regulatory changes, or even whales (large holders) deciding to sell a big chunk of their holdings. Also, when the market starts to drop, some people panic and sell, which can make the drop even worse.
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Nazmul012
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April 30, 2023, 09:58:53 PM |
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After passing few years of your post, crypto market was increased significantly even more than imagination. But then again terrifically dumped and still surviving to grow up and hit its previous milestone. based on, considering this situation, People still re-think before investment but hope soon bearish session will end and crypto industry will get bigger than ever again
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deepblue01
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May 04, 2023, 09:25:12 AM |
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I'm just looking at the date of this thread, and it seems that it was open during the bear market in 2018. So yeah we all have our speculations as to why the price is going down or why people are dumping. And it's true, it's bear market again last year and the price really plummeted hard, but it seems that this year, at the beginning, the price is on a sustainable run. We've seen the worst last year for bitcoin at $15,500 and now we are almost doubling that price at $28k. So there could be many reasons for the dumping but for this year, for me this is already a recovery year and then next year will be the bull run.
yap. i can not even look altcoin, it is makes me sad. some altcoin just drop almost 10x from all time high. And i know this is hard for us. do you think next year will be the bull run?
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JahriMeayer
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May 05, 2023, 11:45:51 PM |
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After crushing crypto market, it needs years to rebuild all the things what it have lost! Dumping and repeated and long unexpected bear market make bad impact on crypto users and investors. Because of such fud, people lost hope and panic sell their share, wholes refuse to manipulate & wait until correct time, new investors Don't dare to invest and all those things make the marketing dumping drastically but that's not permanent too
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deepblue01
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May 06, 2023, 10:23:00 PM |
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To me crypto world market nowadays is taken another dimension and most investors trying to caution themselves because no one ready to lost his or her resources again and the interest is getting down everyday.
You are right bro I am an investor myself I did some modesty from here I lost a lot and what can I say about the current situation. you lost a lot when you sell it now. the price will recover in 2 years or more. After crushing crypto market, it needs years to rebuild all the things what it have lost! Dumping and repeated and long unexpected bear market make bad impact on crypto users and investors. Because of such fud, people lost hope and panic sell their share, wholes refuse to manipulate & wait until correct time, new investors Don't dare to invest and all those things make the marketing dumping drastically but that's not permanent too
yeah that's not permanent. we have seen it before in 2018 and it took 2 years to come back up again and bitcoin is still holding strong against this bear market,
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ItsCrafty
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May 07, 2023, 01:01:14 AM |
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After passing few years of your post, crypto market was increased significantly even more than imagination. But then again terrifically dumped and still surviving to grow up and hit its previous milestone. based on, considering this situation, People still re-think before investment but hope soon bearish session will end and crypto industry will get bigger than ever again
Market sentiment is changed from previous and now it will take lot of time for bearish market to be ended. In previous buyers was looking to hold for long term and there was no profit other than holding tight but now everyone looking for short profit. This is the reason meme coin market cap is increasing more than solid project which has very bad impact on market because buyers are selling all their coins including btc and buying these shit coins. I think if these greed remain in crypto, it will not easy to become crypto market bigger..
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deepblue01
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May 07, 2023, 04:24:57 AM |
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After passing few years of your post, crypto market was increased significantly even more than imagination. But then again terrifically dumped and still surviving to grow up and hit its previous milestone. based on, considering this situation, People still re-think before investment but hope soon bearish session will end and crypto industry will get bigger than ever again
Market sentiment is changed from previous and now it will take lot of time for bearish market to be ended. In previous buyers was looking to hold for long term and there was no profit other than holding tight but now everyone looking for short profit. This is the reason meme coin market cap is increasing more than solid project which has very bad impact on market because buyers are selling all their coins including btc and buying these shit coins. I think if these greed remain in crypto, it will not easy to become crypto market bigger.. yes, market sentiment has changed from bull to bear but greed will always be there dude, no matter good or bad. And which memecoins are you talking about? Dogecoin is the most popular memecoin in this crypto economy but it hasn't changed much.
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