The entire crypto market is bleeding

[renagadewolf]

You should always take advantage of a crypto sale, Also btc going down means those btc fees are cheaper as well which is a big plus if you want to move fiat to btc.

[raulo1985]

You should always take advantage of a crypto sale, Also btc going down means those btc fees are cheaper as well which is a big plus if you want to move fiat to btc.

Yeah, that's what I want to do, but after this dip I believe will come a big rise in all cryptos, so I wanted to know which one usually recover faster and more: lower market cap o higher market cap ones. For example, if I can get some fiat now and want to invest it during this dip, what would be much wiser? Investing on a project like PRL (nice dip right now, very good project), or in a project like Stratis, that are safer ones but with higher market caps? I'm talking about investment just during the dip and the rise that will follow, not long term. Just want to make more profit out of this correction. After all is back to normal, I'll rearrange again my portfolio according to my risk profile.

[rasho321]

Don't worry, this is normal in crypto world. I was waiting for the correction and now here it is

[riaruhs09]

What he said.
Totally normal cycle. Best opportunity to snap up those gems you missed out one

That's right, many people will buy in bulk at a cheap price then save it. This is a great opportunity to do altcoin stock and the key is to be patient to make a profit.

[Shamefulpilchard]

This is obviously not normal since we need to cut our losses before they get even worse.. Prices may go back up, but who would want to risk it and see red in their port?

[D-Fault]

That's a perfect time to buy the coins you always wanted to get. The price is low, the opportunities is high. Late a lot of people will become rich but that one who was afraid to invest in that nice time.

[Ystira]

It's a great time to buy more cheap coins. I'm a newbie, and I learned the hard way that now is not a time to sell, but rather to buy and HODL. Go for the cheap XRP... currently at 1.6. XLMs are hovering around 51 cents. POE, which looks very promising, is at around 17 cents. It's all here for the taking.

[Hammonds]

That's a perfect time to buy the coins you always wanted to get. The price is low, the opportunities is high. Late a lot of people will become rich but that one who was afraid to invest in that nice time.

right now, they're taking the square off to buy at the lowest price and then keep it for a long time, I'm sure it's land for big profits.

[dado7]

Yes, but we all know that it was just pure fud.. that is the real reason of why the market really started bleeding by that way. There is nothing to be scared about, a lot of people have already been making profits from that huge decrease.

Please can you educate me, how you can on crypto make huge profit, when market is falling???

It was a lapsus lingue, just a little bit, but still true.

You cannot make profit while the market is falling, but you can make profit by selling when the market is high and buying when the market is low. You know, what is down goes up and what is up goes down (if it has some fundamental strength), it's a part of a life cycle.

[kesany]

Yes, but we all know that it was just pure fud.. that is the real reason of why the market really started bleeding by that way. There is nothing to be scared about, a lot of people have already been making profits from that huge decrease.

Please can you educate me, how you can on crypto make huge profit, when market is falling???

... obviously youre supposed to buy in at this time as the prices are falling but youre expecting them to climb up again.

never touch the hot stove you know

[removebeforeflight]

It is not bleeding, it is called correction. Simple rule is buy when price is down and sell if price is up. In any currency related market there would be ups and downs, do not panic and wait until it bounce back. In crypto market when prices falls down, it would bounce back more than the highest price they were in a short term. If you research one year graph of bitcoin you could understand how cryptocurrency sustain.

[Ciucas]

It is not bleeding, it is called correction. Simple rule is buy when price is down and sell if price is up. In any currency related market there would be ups and downs, do not panic and wait until it bounce back. In crypto market when prices falls down, it would bounce back more than the highest price they were in a short term. If you research one year graph of bitcoin you could understand how cryptocurrency sustain.

I agree, right now there are a lot of coins at discount

[WalkinRobbie]

Compared to this time last year,  Ill take the blood anytime.  thought Im only starting this year so let it bleed a little more so I can get in this better.   I mean its gonna go up  but give me a little time LOL

[redhack]

If you lose your money these times you are probably in wrong coins. My portfolio rose %10 last 24 hours. I have coins that has risen %60, 30 and 20 in last 24 hours. Weak hands lost their money on some coins, while we had our profit more. Try to look up better coins.

[MEGATRON_S]

why fall in panic, fall and fall, it did not fall twice that would scream that everything will collapse, when growth is good, but also the fall must be, this is for the balance of the whole stock exchange, we sit and watch the further events and there we will do conclusions

[DanielCrypto]

This is all due to the fact that the South Korean stock exchanges were excluded from the statistics of all exchanges and their capitalization. Do not worry, now everything will return to normal. This is a completely normal correction.

[DanWalker]

The market became bloody just a few hours ago, and you want to see rapid growth already. I think that you need to wait a little before alts will go up again. You have a good opportunity to buy some coins at the bottom. I've already done it.

[rain_wins]

After such long bullish period is is totally normal to have correction and it will be even healthy for the market.

[Flode]

Not a good feeling at all, but had to happen. Just zoom the graph out and relax

[eminemcookie]

The entire crypto market is bleeding

Market cap fell to 710 billion from 830 billion

What is going on?

When we will see everything green again?

South Korea supposedly banning crypto happened (they're not going to ban crypto it's just FUD). Once people start to get their wits together and panic dissipates then the market can recover and we'll start to see some more green. A few days after the FUD stops we'll see green but it wouldn't surprise me to have another FUD wave again at about 3-6am GMT when Asia is online.