Coins are CRASHING!!! Is it the next crash? BTC Down to $5300 as I type this!

[chaosfourever]

At this point im not even watching. Just keep holding. There will always be these dips and gains, but over time it will grow. Look how much it gained just this year. Dont panic and just keep holding.

[vfrias]

lol the price already recovered...

3% delta absolutely normal in Bitcoin

[ride22]

lol the price already recovered...

3% delta absolutely normal in Bitcoin

I was pretty active on this forum back in 2013 / 2014 (under a different username) and the same type of posts were going on back then.  You will also see simlar talk in the yahoo finance forums.  The sky is always falling for someone. 

[Muhtaixa]

relax, just another day on crypto world..

[cbIpok]

Nobody or the corporation can influence or reverse the rise of Bitcoin and Ethereum. Because they are indeed centerless and people come and invest all at once. I think the price of Bitcoin will pass through 10 thousand dollars very soon and everyone will be amazed.

[JohnnyUranus]

Buy the dips and hodl!
Wait for massive pumps and sell 20%.
Buy the dips again.

[Saint-loup]

There are big concerns with bitfinex and bittrex, that's all.
It's not about TA or other BS theories

[bitgov]

Why do you think the time is now? Because there was a 5-10% overall market cap correction from ALT? Lol

Sometimes I do not understand people's thinking. Just that there is a tiny drop in prices, and people already believe that the market has collapsed ... Just in such moments should return hope for earnings and investment.

[radnom]

For alternative coin markets to come back to life, BTC has to go sideways preferably with low volume. In situations like this, when BTC falls, people are dumping alts more to turn their BTC into FIAT.

[Cicada1033]

Don't be mad. Corrections are healthy!

Coins from weak hands are handed over to long term holders so the base of the market gets stronger and higher every crash and correction. I love it! 

[xenomorphe1]

It is normal. Not a real crash. Bitcoin will recover as usual. Altcoins too. The coins value move a lot and are not stable. That's normal.

[iminethereforeiam]

Just some technical pull back. Good news for day traders (I'm not), and noise for long term holders.

[ImHash]

Bitcoin was at $20 when the year started OP is traveling in time or is not feeling the time, we all experience the time differently but not that much to confuse 2016 for this year. in the spring of 2016 price was $300 and in the winter it was stable for a few weeks and even reached $1180 Everything started to get a rise when everyone found out about a hard fork. 5 days ago price was $4500 I wouldn't say this is a crash yet.

[Halcyon Days]

After BTC blasted again through the $5k wall and went even higher, this is a normal correction, which is a good thing. We want a continuos rise. Don't be worried about this kind of price fluctuation, it's still above $5k, which it wasn't a few weeks ago.

[Gastotade]

After BTC blasted again through the $5k wall and went even higher, this is a normal correction, which is a good thing. We want a continuos rise. Don't be worried about this kind of price fluctuation, it's still above $5k, which it wasn't a few weeks ago.

that's normal, it may fall at some amount but it will still rise,fork is approaching it might rise before that and falls after awhile,well it depends on fork if ever successful,but never panic on its dip now.

[faycel96]

All the currencies continue to fall until the 24th of this month .. Because all traders are eager to take benefit of the balance bitcoingold after hard fork 2 of bitcoin.. As happened to the bitcoin Cash.

[phr0stbyt3]

Not sure why this happened altcoins crashing was because of fork and everyone wanted the free cash but this might be because of ether hard fork people were hoping to get something for free like bitcoin but they got disappointed and might have converted it to cash by dumping ether and bitcoin

[crairezx20]

Not sure why this happened altcoins crashing was because of fork and everyone wanted the free cash but this might be because of ether hard fork people were hoping to get something for free like bitcoin but they got disappointed and might have converted it to cash by dumping ether and bitcoin

As you can seen all altcoin are also affected so i think there is a big paper for bitcoin here because all altcoin are affected too about the price.. so the main price of altcoin is bitcoin that is why almost altcoin are affected and because i think the price of bitcoin is normal price movement right now there are other people are satisfied what is the price of bitcoin today and they are gradually selling their bitcoin to get the benefits ..
I believe that the price could be increase more since other people are also wanted to get free bitcoin gold and getting the benefits of selling it after the fork..

[johnnywoo2015]

What do you expect? BTC jumped from 4200 to 5800 in matter of days like a total pump balloon.
It's normal correction and alts are always following the bitcoin.

[CoinCollector006]

Why do you think the time is now? Because there was a 5-10% overall market cap correction from ALT? Lol

Sometimes I do not understand people's thinking. Just that there is a tiny drop in prices, and people already believe that the market has collapsed ... Just in such moments should return hope for earnings and investment.

There are several reason for this.

1. Some people come to crypto from bonds or balanced equity / fixed income funds and are not used to crypto volatility. So they may be frightened by relatively small moves.

2. Others over invested for their financial situation or bought at the top, or bought on leverage or have poor risk control, so they may panic even with small moves.

What I have noticed with BTC is as BTC gets more mature the magnitude of the drawdowns from the peak accumulation seems to decrease. We used to get 50% to 80% retracements from the peak, in 2017 the drawdowns appear to be smaller than they have been when BTC had a much smaller capitalization.

My advice to traders is to buy and hold your core names with strong technology/use cases.  Its too easy to get kicked out by the vol and regret it later.