Blood bath! Bubble burst?

[Sephire]

Bitcoin has just reversed back from $10K level that makes it a solid double bottom.
Hoping to see it cross over $13K in next couple of days that should be end of this correction.

[Skunker]

I don't think BTC will go lower than 10k and ETH lower than $900. Most likely it will bounce on these levels. I will hodl.

it seems to me that you are mistaken. Technical analysis and forecasts say that the price will drop much lower. I'm starting to get a little nervous. 

lol, TA is showing that we are 9n the right way up....

I hope that your technical analysis is correct.  I'm already tired of looking at how the market is going down. And I want to get my profit!

i belive it is. today was corection of first wawe now we are on second wawe at the end of third wawe btc should be 19k+

[the1arty]

Everything is red, is it bubble burst? What should we do?. Sell or hodl?

Looks like another quite blood bath today. Bitcoin may go as low as 8k$ and if we will goo through, then I expect 5k$. However, in long-term good potential. Hopefully, all exchanges will open registration again soon

[SenSeiSoKo]

HODL... ITS SALES TIME... maybe there will be another blood bath in the next days... so maybe next good time to buy some token very very SALE! VERY GREAT OPPORTUNITY RIGHT NOW... or maybe not haha nobody knows it

[dobG]

Definitely, Recovered from 400bln to 600bln in one day.

[chanpinchen]

If you trust the crypto market , 50% correction is a level to enter the market again.

[Dragonrage201]

Bitcoin did not go below $10000 today so hopefully the correction is finally over.
Still need to see it go up for more than a day to be sure.

[Skunker]

Bitcoin did not go below $10000 today so hopefully the correction is finally over.
Still need to see it go up for more than a day to be sure.

hmm it was 9800 😉😀

[boss1dg]

what a noob do and say -
at the dip - oh god bubble burst , sell sell sell
on upward movement - lambo , moon , btc will go 1 million$ etc etc , buy buy buy

what a real trader.investor do -
at the dip - buy buy buy
on its pump - sell sell sell and then buy back again ,, they dont sell it for forever .

[aziernest]

the dip you are seeing now is an opportunity to buy, it will probably bounce back starting from feb.

[SportyCornet777]

I am definitely going to HODL. Sure, it can be a bit nerve racking, but there is no way I am selling now. I guess it is just best to try and be patient, and hopefully it pays off ;-)

[CinemaAI]

Sounds like you newbies to investing are discovering the meaning of the word RISK. That's right kids: sometimes an asset doesn't just keep going up. What did you expect?

Anyone that's been investing for any amount of time knows that investments 'test' their holders at some point. If you can't stand this relatively small amount of heat, then you shouldn't have been investing to begin with. Otherwise, you'll just get shaken out at the worst point, at the point of maximum pain.

Noone knows where the 'bottom' is. No technical analysis can tell you where that point will be. The only thing you can control is appropriate position size relative to your psychological constitution.

[brylle34]

im going to hold i believe after the correction it will go up again, ofcourse it is a big heartache if you invest while btc is on all time high before. but always remember everthing has a risk.

[xuan87]

Hold and hold, don't do any panic sell, the red is only temporary, I know that the red is pretty suffocating, but if all of us thinking to sell, the price will drop even further and you will lost your profit, hold for a bit longer and you can get the profit, dropping price is not the best time to sell

[jonemil24]

Sounds like you newbies to investing are discovering the meaning of the word RISK. That's right kids: sometimes an asset doesn't just keep going up. What did you expect?

Anyone that's been investing for any amount of time knows that investments 'test' their holders at some point. If you can't stand this relatively small amount of heat, then you shouldn't have been investing to begin with. Otherwise, you'll just get shaken out at the worst point, at the point of maximum pain.

Noone knows where the 'bottom' is. No technical analysis can tell you where that point will be. The only thing you can control is appropriate position size relative to your psychological constitution.

You're statement is not completely right, some other coins or tokens are backed by rich people. There are coins out there that are centralized and has a floor, if you will only dig into it. However, I believe in your statement that investment is considered a risk, and people should learn to control their emotions when dealing with this kind of investment.

 

[Novafacepoke]

Everything is red, is it bubble burst? What should we do?. Sell or hodl?

Easy man, bubble is for some altcoins, BTC will be better soon

[shiningstar]

I do think that some alts are way overvalued as most of them only have whitepaper but they are already on top 100 at coinmarketcap. This is the right time if you want to buy some alts with good fundamental. Just don't panic sell like the last time as the price recover after a few days.

[kesany]

Yeah especially if you have fiat its a biiig bargain for you

[Bittoshi]

Don't panic sell now. The more people panic, the more prices will fall. But low prices are good opportuniteis for the strong hands and whales.  

[RoooooR]

I suggest you just hold, learn from the history lad. Everything goes down suddenly it will rise up and double your expectation. Most of the non hodlers are regretting those situation, don't be like them whatever you are holding right now stay as is. All the markets are affected by the FUD but i believe eventually the crypto industry will have it's comeback sooner.