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Author Topic: Free Fall!!  (Read 607 times)
JumboCactuar
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January 16, 2018, 09:31:33 PM
 #21

Ive never seen it drop this fast before, was gonna sell this morning but decided not to

Now its definitely too late to sell, though i worry prices could go down a lot more yet, especially if BTC drops below 10k
realsmans
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January 16, 2018, 09:35:18 PM
 #22

I'm a bit at a loss from this red market. But I think that this is not the end and the fall will continue.
By TA looks like it will keep falling. But it doesn't mean that this is the end of the crytpo.

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January 16, 2018, 09:37:47 PM
 #23

-25 percent is free fall? It's funny. So then when there will be a growth of 25 and then in 50 percent we will call it tuzemoon  Cool

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January 16, 2018, 09:42:03 PM
 #24

Come on guys. We all know this isn't the end for cryptocurrency. It is a game of risk and gain,  up and down. So do not panic but think  and plan.
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January 16, 2018, 09:43:35 PM
 #25

Come on guys. We all know this isn't the end for cryptocurrency. It is a game of risk and gain,  up and down. So do not panic but think  and plan.
Yep. It's really normal Smiley) The price dump and pump everyday Smiley) But the big dump like this will take longer time to rise back than normal Smiley) Maybe it'll take for weeks for all cryptocurrency rise back as normal so trader and holder should be patient and wait until the storm get over Cheesy

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January 16, 2018, 09:45:45 PM
 #26

-25 percent is free fall? It's funny. So then when there will be a growth of 25 and then in 50 percent we will call it tuzemoon  Cool

Nope I lost more than 50% of my portfolio and it is still dropping and this third day everything is dropping harder than the previous two days. Bitcoin is testing 10k USD support, if it doesn't rebound now then we are going into free fall for sure and that's basically going to be the big crash of Crypto where there will be blood in the streets and for some potential suicides. Many people and families only have crypto to survive on nowadays like myself, so if this doesn't work, many people will be left in dire poverty.


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xsaints128
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January 16, 2018, 09:53:05 PM
 #27

I think this happens every now and then. It's fair to feel scared or worry about your investment, but if you believe in what you bought, you should be fine  Grin

I really agree with you on this point because this major correction is really healthy for the market in a long term perspective, the last time when Bitcoin dropped from 5000$ to 2800$ it rose back and touched 19000$ , so just be patient and hold on to your cryptos because after this we are all gonna see new ALL TIME HIGHS.

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January 16, 2018, 11:56:25 PM
 #28

Growth of cryptocurrencies could not occur constantly Wink
lasry
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January 17, 2018, 12:17:13 AM
 #29

This just opens a great opportunity for those who wants to hold. Though there is no assurance that it would rise up again. We must still take and remember that in this world patience and calmness brings great profits.

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January 17, 2018, 12:22:10 AM
 #30

It's not free fall, it's just a correction. Look at the past charts, you'll see that every year in january there was a "free fall"

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January 17, 2018, 12:23:17 AM
 #31

Be strong, HODL. HODL. HODL.
Believe in Cryptocurrency.
After every storm, there is a rainbow (and a unicorn, maybe.)


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January 17, 2018, 12:26:50 AM
 #32

-25 percent is free fall? It's funny. So then when there will be a growth of 25 and then in 50 percent we will call it tuzemoon  Cool

Nope I lost more than 50% of my portfolio and it is still dropping and this third day everything is dropping harder than the previous two days. Bitcoin is testing 10k USD support, if it doesn't rebound now then we are going into free fall for sure and that's basically going to be the big crash of Crypto where there will be blood in the streets and for some potential suicides. Many people and families only have crypto to survive on nowadays like myself, so if this doesn't work, many people will be left in dire poverty.

I'm not trying to be a dick, but why in the world would anyone put everything into such a volatile market???  People like that might as well just take their money down to the nearest casino and bet it all on a random number on the roulette table because that really is what betting on cryptos is right now.  There is nothing stopping a couple of people from crashing the market.  No, that wasn't a typo.  People don't seem to realize just how much power even the average whale exerts on the markets.  The big ones could probably move BTC 25% in either direction on their own if they wanted to, and since BTC is at this point the very visible mascot of cryptocurrencies as a whole, such a move would cause all of the others to move in cascading waves as well, which causes panic or euphoria in the gullible masses, which causes people to do even stupider things based on their emotions, and on and on.  It's been said before, but some people still don't get it.

DON'T GAMBLE WITH ANYTHING THAT YOU AREN'T WILLING TO LOSE.  ASSUME THAT WHATEVER YOU PUT INTO CRYPTOS IS ALREADY LOST!
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January 17, 2018, 12:27:26 AM
 #33

Weak hands will always fall,holders will always prevail.Look at the FUDS that are spreading few days back,some financial institutions are going to join our crypto market thats why they are preparing for a good entry but how?they spread something that people will trigger to do panic selling the result will be bloody like what happened to the market,but this is the perfect time to get into the market when BTC is cheap and the alts are cheaper,you should know this is how the big players do.

Manc89
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January 17, 2018, 12:27:43 AM
 #34

Stay cool and hold. The prices will hopefully rise again. China and Korea are currently regulating the market.
That just causes the price decline.

I think so. Dont be panic because this issue. I saw the price very down but i dont panic at all. Stay calm like you said.
As my experience, the issue like this is many time happen so thats why i still stay calm.
Manc89
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January 17, 2018, 12:31:14 AM
 #35

DON'T GAMBLE WITH ANYTHING THAT YOU AREN'T WILLING TO LOSE.  ASSUME THAT WHATEVER YOU PUT INTO CRYPTOS IS ALREADY LOST!

Yes agree, invest on money that you can afford to loss and assume that all momey you invest here is already loss.
This will help you to no think calm and relax although you loss the money.
davemorg
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January 17, 2018, 12:32:23 AM
 #36

-25 percent is free fall? It's funny. So then when there will be a growth of 25 and then in 50 percent we will call it tuzemoon  Cool

Nope I lost more than 50% of my portfolio and it is still dropping and this third day everything is dropping harder than the previous two days. Bitcoin is testing 10k USD support, if it doesn't rebound now then we are going into free fall for sure and that's basically going to be the big crash of Crypto where there will be blood in the streets and for some potential suicides. Many people and families only have crypto to survive on nowadays like myself, so if this doesn't work, many people will be left in dire poverty.

I'm not trying to be a dick, but why in the world would anyone put everything into such a volatile market???  People like that might as well just take their money down to the nearest casino and bet it all on a random number on the roulette table because that really is what betting on cryptos is right now.  There is nothing stopping a couple of people from crashing the market.  No, that wasn't a typo.  People don't seem to realize just how much power even the average whale exerts on the markets.  The big ones could probably move BTC 25% in either direction on their own if they wanted to, and since BTC is at this point the very visible mascot of cryptocurrencies as a whole, such a move would cause all of the others to move in cascading waves as well, which causes panic or euphoria in the gullible masses, which causes people to do even stupider things based on their emotions, and on and on.  It's been said before, but some people still don't get it.

DON'T GAMBLE WITH ANYTHING THAT YOU AREN'T WILLING TO LOSE.  ASSUME THAT WHATEVER YOU PUT INTO CRYPTOS IS ALREADY LOST!

damn, i agree on every word
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January 17, 2018, 12:34:47 AM
 #37

-25 percent is free fall? It's funny. So then when there will be a growth of 25 and then in 50 percent we will call it tuzemoon  Cool

Nope I lost more than 50% of my portfolio and it is still dropping and this third day everything is dropping harder than the previous two days. Bitcoin is testing 10k USD support, if it doesn't rebound now then we are going into free fall for sure and that's basically going to be the big crash of Crypto where there will be blood in the streets and for some potential suicides. Many people and families only have crypto to survive on nowadays like myself, so if this doesn't work, many people will be left in dire poverty.

I'm not trying to be a dick, but why in the world would anyone put everything into such a volatile market???  People like that might as well just take their money down to the nearest casino and bet it all on a random number on the roulette table because that really is what betting on cryptos is right now.  There is nothing stopping a couple of people from crashing the market.  No, that wasn't a typo.  People don't seem to realize just how much power even the average whale exerts on the markets.  The big ones could probably move BTC 25% in either direction on their own if they wanted to, and since BTC is at this point the very visible mascot of cryptocurrencies as a whole, such a move would cause all of the others to move in cascading waves as well, which causes panic or euphoria in the gullible masses, which causes people to do even stupider things based on their emotions, and on and on.  It's been said before, but some people still don't get it.

DON'T GAMBLE WITH ANYTHING THAT YOU AREN'T WILLING TO LOSE.  ASSUME THAT WHATEVER YOU PUT INTO CRYPTOS IS ALREADY LOST!

Well said. Some big guys playing with us maybe  Roll Eyes
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January 17, 2018, 12:35:45 AM
 #38

Coinmarketcap is all red , seems like a good time to buy for new guys.
I will just hold and wait till it is back to normal next month.

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January 17, 2018, 12:39:31 AM
 #39

It will go back up Smiley Just don't sell low and buy high!

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January 17, 2018, 09:31:10 AM
 #40

Well, it seems that it's normal to gain 2000% in less that a year, but now every one cry to disaster because there is a fall of 25%...
C'mon, this is the market.

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