Bloody day trade

[derekz]

Here's what happens now 

[1713531390]

1713531390

[stomachgrowls]

most of  crypto currency are falling in value :





Any comments?

Yes, I see reds everywhere and Its indeed a bloody day trade. Seems like panic selling is on because of the upcoming even on this August. Seems like they do secure their stuffs before anything goes wrong after if there would be a split or not.Thats the thing which comes to my mind when i do see all in reds and also on bitcoins isnt on exception on such price decrease. Actually its the best time to buy coins now.

[andyblocks]

The changes in the last 24 hours are not something abnormal for altcoins, but changes for the last 7 days it is a bit scary.

[SubZer0]

Indeed, really interested on how this wil go the upcoming week.

[Kambonish]

I have the impression that there is stabilization, right?

[IAmLucas]

Looks that way, XRP is slowly recovering and so is LTC.

The question is.... Are we at the bottom? Or just getting started. 

[Bowtiesarecool]

The changes in the last 24 hours are not something abnormal for altcoins, but changes for the last 7 days it is a bit scary.

Whatever goes up....
But few people saw this fall coming.

[chohav]

Why nobody was scared when most coins were +10/20/30% almost every day for a month, but now everybody is crying. Remember the price of ETH in January? Or LTC? Or ETC? Or ZEC? Or DASH? Everybody was like: "OMG OMG, Crypto is the future! Unseen technology! BUY!"
This is called open market, and in our case is full with newbies doing panic sell and buy orders, so stop talking like the end of the world has come.

[Rostchild]

Very interesting, a real excel coin,... What? Sell? LOL

[Mrjitter]

So the most ludicrous pump in human history is finally faltering? What did anyone expect? Peoples memories here are pitifully short. Three or four months ago ethereum was 10 dollars.

This might be because of ends of the week, on ends of the week advertise closes and merchants get their cash out of trade, this is the regular practice. Bitcoin has not fallen in value that much that you need to stress, its only 20 or 30 USDs. On Monday you will see the value rise again as the market opens however till then it is prudent to remain away.

[nsasuiteb]

I am scared and think we will se worse crash ever in the near future. Total market cap is $270B. I do not buy any coin at this stage. The Hardest crash is coming.

[v_Harley]

Now the COINS are on the uptrend, the opportunity has come, the previous losses should have been made back, seize the good opportunity, it is easy to make money now.

[SportbetMaster]

same thing today, everything will return to its origin one day.

[jednostka]

I think we're living the same thing right now. Nothing almost looks green. On the contrary, all the coins and tokens turned into a reddish screen. This is so sad.

[IAmLucas]

I think we're living the same thing right now. Nothing almost looks green. On the contrary, all the coins and tokens turned into a reddish screen. This is so sad.

Yup just looked at the top 100 on coinmarketcap, only one out of 100 is green! To be honest we've had such a roll lately, a correction was bound to happen, if BTC goes much lower I will buy even more!

[minus_one_crypto]

I think we're living the same thing right now. Nothing almost looks green. On the contrary, all the coins and tokens turned into a reddish screen. This is so sad.

Yup just looked at the top 100 on coinmarketcap, only one out of 100 is green! To be honest we've had such a roll lately, a correction was bound to happen, if BTC goes much lower I will buy even more!

Altcoins do not have time to recover. If you compare today's prices with those that were in the summer, you can get a heart attack.  I'm already tired of waiting for the coins to start growing again and give me a profit

[Fatunad]

I think we're living the same thing right now. Nothing almost looks green. On the contrary, all the coins and tokens turned into a reddish screen. This is so sad.

Yup just looked at the top 100 on coinmarketcap, only one out of 100 is green! To be honest we've had such a roll lately, a correction was bound to happen, if BTC goes much lower I will buy even more!

I dont know why do people still surprised on these kind of scenarios which its just like first time that they do able to see alts going on reds which is normal when bitcoins price shoots up or do have some price increase rally. Most of alts in the market would really be on reds since people do accumulate bitcoin as much as they can so that they wont able to miss the wave on making profits and mostly things do happen is when theres a possible fork event or even on holidays which we do able to see now.

[MartiniBlanco]

most of  crypto currency are falling in value :





Any comments?

I just waited for that day... All currencies just gone crazy in fiat in the last time. Nice the have a correction now, its healthy!

[Gyro]

You guys are replying to a thread that's a few months old already.

This is just whale pump and dump games happening now. If you look at BTC chart it has done this with each new high. I just hope it keeps going and going and going.. 

[IAmLucas]

I think we're living the same thing right now. Nothing almost looks green. On the contrary, all the coins and tokens turned into a reddish screen. This is so sad.

Yup just looked at the top 100 on coinmarketcap, only one out of 100 is green! To be honest we've had such a roll lately, a correction was bound to happen, if BTC goes much lower I will buy even more!

Altcoins do not have time to recover. If you compare today's prices with those that were in the summer, you can get a heart attack.  I'm already tired of waiting for the coins to start growing again and give me a profit

To be honest with alts there is sooooo much competition, it's always going to be difficult for them to recover, I mostly stick to the top 10 alts as they at least have a good level of visibility. The only problem with my approach is I won't make HUGE gains, the top 10 wont be x1000 coins. (Saying that bitcoin did increase 10 fold this year).