Why All Coins Dump?

[BellicoseBenny]

We're all gonna die

I just sunk 5k into a rig

lol

Just kidding it's not even august first and people are panicking.

To the mooooooon

[1714794326]

1714794326

[1714794326]

1714794326

[fokilpt]

I'm thinking this has to do with the Aug 1st bitcoin split that people are getting scared, pulling out of altcoins and selling their BTC

[Pennywis3]

I'm thinking this has to do with the Aug 1st bitcoin split that people are getting scared, pulling out of altcoins and selling their BTC

Or it has nothing to do with August 1st. and the bubble is ending the same way it stated, for no reason at all.

Who knows, but the market cap is falling hard.

[findingthemoon]

I'm thinking this has to do with the Aug 1st bitcoin split that people are getting scared, pulling out of altcoins and selling their BTC

There is a bit of a general panic but the thing to understand is altcoins have gone up way too fast. I think it will recover slowly and come out ahead of their highs similarly to bitcoin in the past, but it could dump further first.

[xbiv2]

There is a bit of a general panic but the thing to understand is altcoins have gone up way too fast.

Not this altcoins, next season altcoins.

[Apostle4444]

The arse has dropped out of the market.

[SMSabuj]

It looks like all altcoins dump 10-20%. What is the reason?  I am very sad 

Exactly, I also very upset about dumping all Altcoin. So, I wanna ask the same question. Every coin is dumping so low day by day. What's the reason behind it? Already I have losses so much. 

[Cryptotrader26]

It looks like all altcoins dump 10-20%. What is the reason?  I am very sad 

Exactly, I also very upset about dumping all Altcoin. So, I wanna ask the same question. Every coin is dumping so low day by day. What's the reason behind it? Already I have losses so much. 

Don't worry, let it all drop and take the opportunity to buy some cheap coins over the next couple of weeks. No doomsday scenario here.

[Nebell]

The only thing I regret is that I fucking bought coins yesterday. Now they are even lower. I should have waited.
Although I didn't spend fiat currency. I used my 211 Hush which I sold at about $2.7 each and sold 0.65 ETH when 1 ETH = $275 and then bought different coins.
I'm not worried, the coins will go up again, but I could've made even more profit if I bought now (or in a week).

[laejub06]

First round of the rise of the cryptos is drawing to an end.
The market will reset and prepare for the next one, i think this is just the beginning.
Don't forget it's only a loss if you hit that sell button
I am expecting the global bottom around 40-60B, of course some shitcoins might fall by the wayside during this process.

[zidane]

It looks like all altcoins dump 10-20%. What is the reason?   I am very sad  

Exactly, I also very upset about dumping all Altcoin. So, I wanna ask the same question. Every coin is dumping so low day by day. What's the reason behind it? Already I have losses so much.  

Bearmarket. It is normal. One day it will raise again. Maybe next month maybe in 2 years.
But everytimer the same, after bullmarket comes bearmarket and than again a strong bullmarket.

Loosers are only the guys which are refreshing every 5minutes their browser. They get panic and dump all holdings. Than the breakout starts and they buy higher back.
Next day red again and they sell and than green and they buy again higher back.

I for example buying when everything is red and holding as long as i dont need the money. For now I am only buying since 6 years.
I have maybe that much alts and btc that i dont need to buy more but i like it to invest smart.

[Croin]

I also realize it, but in my opinion, all these down coins will rise again and that's for sure. The current dump is only temporary

This is what I notice sudden dump of altcoins. Im wondering though why but maybe it will recover again for sure. As they said it is the best time to buy and hold. For sure we can earn profit, just collect and buy those altcoins worth investing for.

Guys thats not how it works what comes up goes down always!

[xbiv2]

Bearmarket. It is normal. One day it will raise again. Maybe next month maybe in 2 years.
But everytimer the same, after bullmarket comes bearmarket and than again a strong bullmarket.

But with new altcoins. This altcoins is dead.

[zidane]

Bearmarket. It is normal. One day it will raise again. Maybe next month maybe in 2 years.
But everytimer the same, after bullmarket comes bearmarket and than again a strong bullmarket.

But with new altcoins. This altcoins is dead.

maybe yes maybe no.
Good alts will survive.

Goods alts are for example HMQ DCT SNM and some more.

Risky alts are SCORE XVG REDD but the risky one could be the one which will be the most profits.

I invested 80% in good once and 20% in risky ones.

0% in Scamcoins. Scamcoins are for me all shit like ROUND

[Esphere.in]

Bearmarket. It is normal. One day it will raise again. Maybe next month maybe in 2 years.
But everytimer the same, after bullmarket comes bearmarket and than again a strong bullmarket.

But with new altcoins. This altcoins is dead.

What alt coins are you talking about,there are several promising new alts which came recently ,so if you have anything to tell you must give a detailed opinion rather than telling something blindly,expect the market to correct once in a while and if you are stuck with any coin make sure you hold for a longer time and the markets will recover after sometime.

[Zalfa_mui]

I have a year to know altcoin, but just this time see altcoin the price dropped to 100% ,, make me panic and don't know how to survive or sell cheap price .. maybe altcoin down because there is spread the issue 1 august, it's very make everyone scared .

[funsponge]

people that are selling - please sell me your house for half of what you paid for it! You deserve to lose money you idiots haha

[creative~mind]

The purpose of the vast majority of these coins is to get more Bitcoins. And Bitcoin is down, so draw your own conclusions...

[chesatochi]

people that are selling - please sell me your house for half of what you paid for it! You deserve to lose money you idiots haha

This creates good opportunity to buy at the very cheap price, and get good tokens that might increase in the future.

[xbiv2]

people that are selling - please sell me your house for half of what you paid for it! You deserve to lose money you idiots haha

This creates good opportunity to buy at the very cheap price, and get good tokens that might increase in the future.

might not increase