What happened?

[Qunenin]

I would plans to exchanges and see that the coins right there on the front page we're doing just fine. I would even dig deeper and see that the general average had not changed at all. I've gone so far as to take the time stamp off the original post and compare it to the closest you could get on the Bitcoin Candlestick chart and see that a post about how negative everything was going was right in the middle of a rise.

[1715163671]

1715163671

[1715163671]

1715163671

[Huonghoang1939]

I'm looking to understand why the blood spilled again. Blue has reappeared in yesterday, but could not believe BTC continues dump with Altcoin today. Panic comes back, I don't know the price of BTC will be like at the end of this month. I'm very worried.

[krypt0n1]

I'm looking to understand why the blood spilled again. Blue has reappeared in yesterday, but could not believe BTC continues dump with Altcoin today. Panic comes back, I don't know the price of BTC will be like at the end of this month. I'm very worried.

Yesterday the blood was catalyzed by Charlie Lee's tweet, amidst a sea of mounting speculation and fear. The markets are pricing in the potential news from China and a lot of people are cashing out. Even if China does "ban bitcoin" or just the exchanges, the price won't fall forever. The rest of the world will continue to use cryptocurrencies and they will increase in popularity....and China will be missing out on a huge market (which i don't find likely). Anyway, don't be worried. These corrections happen. Try to not panic sell and try not checking the charts too often. If you are too worried, maybe you have overinvested and reconsider your investment strategy.

[Terminator3018]

China ban ICO
China planning to ban Bitcoin too
and CEO Morgan say bitcoin is just a ponzi scam

[ici_lemmy]

China ban ICO
China planning to ban Bitcoin too
and CEO Morgan say bitcoin is just a ponzi scam

and btc-e will comeback tomorrow. many people will dump their coin

[beezle]

Another good way to get a quick handle on what the crypto market is doing is by paying attention every day to the Market Cap (CryptoCurrency Market Capitalization) as shown at the top of the CoinMarketCap homepage.

Today it is around $133B (133,268,725,237 billion dollars), which by itself that number is useless.  But if tomorrow the number is $140B or maybe $125B you'll know if things are up or down, and how much, before ever even seeing any single coin's price.

Also since I knew the Market Cap was down by around $10B from a couple days ago, it was no surprise at all to see that all coins had a down day.

And if you don't spend everyday on coinmarketcap, remembering the last MarketCap will help to catch you up quick after a break.

[MiBambino]

Another good way to get a quick handle on what the crypto market is doing is by paying attention every day to the Market Cap (CryptoCurrency Market Capitalization) as shown at the top of the CoinMarketCap homepage.

Today it is around $133B (133,268,725,237 billion dollars), which by itself that number is useless.  But if tomorrow the number is $140B or maybe $125B you'll know if things are up or down, and how much, before ever even seeing any single coin's price.

Also since I knew the Market Cap was down by around $10B from a couple days ago, it was no surprise at all to see that all coins had a down day.

And if you don't spend everyday on coinmarketcap, remembering the last MarketCap will help to catch you up quick after a break.

We're in for a long bear market I think. The chinese have just suspended all trading on one of their biggest exchanges. Don't cash out now, accumulate and hodl for next year. November 2018 is the time when millionaires will be made

[BitcoinPC]

I have come to conclude that the world of the individual is based on a limited scope perspective and that they expect that the rest of the world shares their scope. If any single person has invested in a single coin, and they wake up in the morning to find that coin has lost value, to them the entire cryptocurrency Market has lost value and they will post that information.

[virasog]

I am not complaining I am simply stating that the markets are doing just fine and that at this very moment, only hours after the original post Bitcoin is doing just fine. This is why, even though most people are told to limit their number of Investments when they are first learning, do please do not limit your scope in perspective. It's the outside world and the entire cryptocurrency Market that is going to set values for these coins,

[MFahad]

If you are going to be successful you need to have a very wide scope so that you can see the factors that are changing your Investments up or down. There are real news and then there are fake news. Some news like this china banning one might be real , but then we should understand that this wont keep bitcoin down for long. Once people realize that bitcoin price is too low, they will start buying and once you get the buying trend, bitcoin will again cross 4000$ in a day or two.

[carlisle1]

If you are going to be successful you need to have a very wide scope so that you can see the factors that are changing your Investments up or down. There are real news and then there are fake news. Some news like this china banning one might be real , but then we should understand that this wont keep bitcoin down for long. Once people realize that bitcoin price is too low, they will start buying and once you get the buying trend, bitcoin will again cross 4000$ in a day or two.

that's the common scenario inside crypto industry fake news will create panics and newcomers will come and ride the cheap value, after that it will
rise back again with the help of whales and they will begin to cash out again and make more news or issues to shake the market better to be ready
with all this stuff and you are ready to go.