Crypto Bloodbath..

[erickkyut]

The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

[BatuhanU]

The total market cap(https://coinmarketcap.com/charts/) is higher than it was at the start of the year(just 15 days ago), so imo it's fully normal and okay for something like this to happen

[mk4]

I'm not really experienced with technical analysis so take this with a grain of salt. I personally think it's about time for bitcoin to take a bullish trend, it's just a matter of when; as altcoins have been getting all the attention lately. We're probably going to stay at the $12,000-$15,000 price mark probably until early next month, unless the price drops more. And yes, I personally think that this is indeed a price correction. Though there's no reason to panic as we're still up in price since December.

[angaper]

Unfortunately this type of scenarios are becoming very common in this market, so I think we should get used to it if we are really interested in speculating with altcoins. At the end of the day, after these sharp declines most cryptos tend to resume their bullish momentum, so instead of scaring us we should take advantage of these scenarios to buy wholesale cryptos to take advantage of the unexpected offer.

[mirakal]

The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

Nothing to worry if you are a believer, the price will be back up soon.
Weak hands will dump for sure so that is the time to take advantage of their ignorance, we have seen this many times, when the market correct
the next thing will happen is another pump, just stay cool and put that patience in your heart, we will survive this.

[ranoby]

Looks like correction before next massive pump but who really know

[timikulit]

This is clearly a price correction. All we need to do is wait and monitor the bitcoin price if it is about to go up again. If i have extra penny ill buy more bitcoins. 

[rkdellx]

Which altcoin to buy in this situation? which will gain huge profit in the future?

[chiggz]

The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

This is not a bloodbath but yeah kind of annoying to wait in patience for things to come back up. Many whales are dumping their coins so people will follow them and they will buy for even lower amount. Everything was calm until the South Korean FUD started spreading around. It is best if you hold the coins and wait for everything to settle instead of panic selling and making the whales even richer. On the positive side NEO is gaining a lot of traction. And if you have some extra cash to spare then thing that coins are at a discounted price and go for the right now.

[hebistix]

This bloodbath marks a good buying point for me, there is nothing such as the end of the cryptoworld from the night to the morning... Lots of things need to happen, nonetheless we are on a bubble and after it crashes and the aftermath only the real projects with real teams that are prepared will be there and ready to make a huge amount of money

[frmracc]

The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

Yep, it's almost 1 week this bloodbath start and all cryptocurrency are on red, actually i don't know what happen to cryptocurrency right now but i'm sure it will go up again later. It's a good sign to invest though, my money is ready to buy some coins that i predict will go up big like bitcoin.

[rkdellx]

The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

Yep, it's almost 1 week this bloodbath start and all cryptocurrency are on red, actually i don't know what happen to cryptocurrency right now but i'm sure it will go up again later. It's a good sign to invest though, my money is ready to buy some coins that i predict will go up big like bitcoin.

what are those coins? if you don't mind sharing

[liuqi]

The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

Majority of the coins are red in the market. But crypto world is not end this price correction. I think some new arrivals are coming in future. So huge amount investors are dropped in the crypto currency investment. This is one kind of problem in the market. Few of the coins are green in market. We don't predict it is maintained in positive. But I am always hold my cryptocurrency. This is the best option for current situation.

[Distinctin]

The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

Yep, it's almost 1 week this bloodbath start and all cryptocurrency are on red, actually i don't know what happen to cryptocurrency right now but i'm sure it will go up again later. It's a good sign to invest though, my money is ready to buy some coins that i predict will go up big like bitcoin.

what are those coins? if you don't mind sharing

That would be good if he shares but by simply looking at the market https://coinmarketcap.com/ almost top coins are good buy at the moment.
Nothing to fear as eventually the price will rise after this hard dump, we should think positive that the trend will happen again as in the past we
have also see some dump but it has recovered.

[mrproblem]

Looks like correction before next massive pump but who really know

totally agree with that message. Seems a massive pump is soon and you can have some now from this bloodbath

[Tynovten_]

why are you worrying this moment even some of use this moment to buy. so do, i will on buying if I have enough money and will HODL until the right time to sell

[wumBowo]

this happened again, If i recall correctly the same things happen right on August or September, hope everything will be fine afterwards

[VitKoyn]

The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

True that the cryptocurrency market are now experiencing hard fall ($742 billion to $652 billion total market cap), but this is not the end for cryptocurrencies, we have seen this a lot of times and it happens a lot of times before most of us enters cryptocurrency and at the end cryptocurrency market still recovered. I still don't know the reason of the crash right now, maybe it is just another huge price correction because cryptocurrency market cap rapidly increases in just 2 months. And we all know that when there is a rapid rise at will rapidly fall too as there are people will always take their profits.

[km4700ruda]

It will go up at some point, i do not understand why there is a lot of people "worried" about what is really happening in here. Just relax, have a coffee, uninstall blockfolio, and you will be fine without refreshing the prices every five minutes.

[Quantum Mind Flow]

A lot of inexperienced people believe that in a market you can win forever! Sorry, you can't.
Welcome to the real world.