Crypto Bloodbath..

[IgniHash]

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.

My opinion about this current situation is Asian Market (China, etc) cashing money. They will celebrate Lunar Year on February. So, i think the market still in RED until early February.

[captain8]

Lots of people obviously cashing profits, and these people will be back with hoards of cash to make more profits,

The pain is temporary

[sebastianpenguen]

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.

My opinion about this current situation is Asian Market (China, etc) cashing money. They will celebrate Lunar Year on February. So, i think the market still in RED until early February.

I don't think so, they are not cashing out all, and they can't kill their investments. This should be seen as a regular major correction wave. Nothing enormous happened, we lived the same thing in the past months too. 

[nitrousteam]

1 week more for sure! Buy now while you still can!

Right now the correction is taking its place and all coins are experiencing massive changes in the price. Those patient enough will try to persist in the current state the market is at and they will catch the possible opportunity. This bloodbath how you called it is having the negative impact for the whole crypto world because the investors are backing up from it and transferring their money into centralized currencies.

Now is the right time for the payment of the coins that have the perspective because I am sure that the value of the specific coins, especially Bitcoin will double the price it had on the highest point of 2017. Make the investment if you have reserve bankroll at the side for the coins with the capabilities of improvement.

The red color is just a delusion that the manipulation of the individuals caused and that manipulation wont last forever. One week is the longest term I am predicting for this failure in the market and after that those that were patient and those that have invested will be satisfied with the success they have achieved after the correction ends and uprising starts!

[AlexanderDumas]

1 week more for sure! Buy now while you still can!

It is called "The falling knife".

BTC may well see 4000 before it ever see 20K again.

[Lukas Tarantas]

Does anyone else believe that we'll see that bitcoin costs 20,000?

[nathan713]

Which altcoin to buy in this situation?

[1Referee]

It is called "The falling knife".

BTC may well see 4000 before it ever see 20K again.

May be, but if you don't buy, you'll never benefit from these lower levels. The main point is that people are focusing on increasing their coin quantity, and as long as you have managed to sell near peak levels, or even around $13,000/$14,000 a few days ago, you have successfully managed to contribute towards your goal. If you don't pull the trigger, you'll either risk having missed out on a great buying opportunity, or you'll see that it was indeed a good move to wait a bit longer. But then again, those who end up waiting longer, always end up waiting longer regardless of how much the price has gone down further, so there is no real benefit for them at all. Strike on the right moment while you can, that's the most important thing.

[tech72]

If you are holding BTC then you can buy good altcoins whole they are so cheap and available at discounted rates. Once, Bitcoin rises to 12-13k region altcoins will start pumping and then you will have huge returns. Bitcoin is almost done falling and so altcoins should also rise with rise of Bitcoin.

[izanagi narukami]

As I've ever mentioned before this post, it's happening in the beginning of year !
Since I've keep believe on bitcoin, I keep hold it although I'm experience $ 1000+ loss at the moment

~Bloodbath ? Keep hold until it's turn into green lake

[Sasha Lumerin]

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.

if you mean the end of crypto world then the answer is no bro, we are at the revolutionary stages and it just begins to get lot of attention, I think this red market is because some people loose their hope and afraid to hold. it can be down any further until the real world use it for real transaction in life

[Harlot]

As I've ever mentioned before this post, it's happening in the beginning of year !
Since I've keep believe on bitcoin, I keep hold it although I'm experience $ 1000+ loss at the moment

~Bloodbath ? Keep hold until it's turn into green lake

Agreed being on a panic state right now is really not a good idea as you will only experience losing money whoch is really a wrong move. Buying or adding more cryptocurrencies mow to your portfolio is a good move. So the bottom line is you eother hold or add more as selling at a loss is never an option. Obviously people are right now staying away from crypto that is why the prices are going down after it calmed up then prices will start to recover.

[AleksandrKosov]

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.

I bathed in this bloodbath and lost 14,000 dollars on my portfolio. I'm not going to close the deal. The market is now in a big HYIP, I'm sure by February we will see green numbers

[Emperor of Man]

"The end for the crypto world" is the opinion of the amateurs! LoL

I've seen this thing a little too many times to panic and scream. I just wait (and play computer games of course!  ) until it reverses.  

[fabiANI]

There is no bloodbath, it's the reverse of what happened in December.

[Reatim]

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.

My opinion about this current situation is Asian Market (China, etc) cashing money. They will celebrate Lunar Year on February. So, i think the market still in RED until early February.

Lots of speculation as to what is happening to the market right now. Asian market has still a lot of influence on the market is what you said above is true. But I don't think that will last till February. I'm speculating that this bloodbath will on a few the most. Too much money is here to take. I'm sure people will go back and buy cheap coins now.

There is no bloodbath, it's the reverse of what happened in December.

Call it whatever dude. But what we have witnessing is a major crash. Although this is not the first time. But there are a lot of noobs not familiar with this kind of development. They see the market going red, they panic and then sold everything. AT least weak hands is gone, and perfect timing to get back right now.

[cho99]

I think it's the perfect time for buying altcoins , this is the time when every tokens reach their lowest price so if you want to get profit from this opportunity just start buying the coins that you already picked for investment days before because with no doubt they will rise again at their level before crash and maybe it rise much more than ever . For me I was just waiting for this moment from quit a period now and I just started investing my money since yesterday . But just a reminder do your research before investing in some coins , get to their website see their white paper  , their road map and you will find your best investment . You already saw the bitconnect big scam so be careful where you are investing your money . And good luck

[Theb]

"The end for the crypto world" is the opinion of the amateurs! LoL

I've seen this thing a little too many times to panic and scream. I just wait (and play computer games of course!  ) until it reverses.  

Tell me about it. All this people acting shock of what is happening are either haters or amateurs. These newbies don't know what is happening that is why they are telling that its the end of the cryptocurrency market, they won't even be in that state of mind if they only have a back up plan which they don't. As trader you must remain calm as bad decisions are made when you are in a state of panic.  This bloodbath is nothing as Bitcoin and other cryptocurrencies can survive it and hopefully re-test the all time high.

[sheilasekarbumi]

These bloodbath should happen at the beginning of the year so that most the investors can reorganize their portfolio (I am) because from my experience when the market going bullish in Dec or Jan, that is when I will take profit of all my portfolio. Then wait for these dips to buy in again :3

[harizen]

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.

Too far from thinking this is the end of crypto world. Still they have values that can consider as decent one. Just let the bloodbath happened to see how far the support for crypto is. In term of bitcoin, $10,000 is just a dream price back then so even after we came back at that level today, still it's a decent value. For how far it will goes down, then let's just watch.

I will hodl all my hold coins since it's not a wise way for me to dump coins during the red days. Well part of the risks so chances of getting more low value instead is possible but hey this is how crypto holding works so definitely I will take the risks as it is worth to give this a shot.