Coinmarketcap

[TACryptoo]

I hope the bulls stay for long now

[1715074308]

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[iTradeChips]

Nothing to worry about, it's just a natural correction my friend. If you look at the chart of bitcoin from the past few years, you can see that there are always a correction in January, long term is still very good for cryptocurrency. I would be worried if things just keep going up and up without a correction.

Always wonder about that word, "correction" and "correcting" in Crypto terms. Can someone explain to me what makes a cryptocurrency "correct" itself? I am really confused by all of this technical jargon.

[Yaunfitda]

I hope the bulls stay for long now

I think they have been awoken already from their long slumber. And it looks like they are collecting and stashing more bitcoins in the next days or so. That's how they are, most of the time they are in deep coma but once awaken, it's hard to stop the herd from flocking into the market. You can hear them from afar.

Nothing to worry about, it's just a natural correction my friend. If you look at the chart of bitcoin from the past few years, you can see that there are always a correction in January, long term is still very good for cryptocurrency. I would be worried if things just keep going up and up without a correction.

Always wonder about that word, "correction" and "correcting" in Crypto terms. Can someone explain to me what makes a cryptocurrency "correct" itself? I am really confused by all of this technical jargon.

A price "correction" is the reverse of a bull run if I'm not mistaken. Most people define correction as a 10% down of the market price, as opposed to a crash which is around 30% or more.

[mylyn2327]

Yeah, all cryptos are red now. I don't know what is happening right now why bitcoin price continues do drop. I also feel panic now but I can still manage to control myself selling all my coins. I heard that base on graphs bitcoin price very january of the year really dropped. So I think it's normal now, let's just wait for it to recover in the coming weeks.

If it is true, then there's no reason for us to panic. Let's wait and try to control our emotions so we cannot do decision that we will be regretful at the end. And I think that's the best thing we do let's be patient and wait for it recovery.

[iTradeChips]

I hope the bulls stay for long now

I think they have been awoken already from their long slumber. And it looks like they are collecting and stashing more bitcoins in the next days or so. That's how they are, most of the time they are in deep coma but once awaken, it's hard to stop the herd from flocking into the market. You can hear them from afar.

Nothing to worry about, it's just a natural correction my friend. If you look at the chart of bitcoin from the past few years, you can see that there are always a correction in January, long term is still very good for cryptocurrency. I would be worried if things just keep going up and up without a correction.

Always wonder about that word, "correction" and "correcting" in Crypto terms. Can someone explain to me what makes a cryptocurrency "correct" itself? I am really confused by all of this technical jargon.

A price "correction" is the reverse of a bull run if I'm not mistaken. Most people define correction as a 10% down of the market price, as opposed to a crash which is around 30% or more.

I see, and what are the factors that contribute to a certain coin correcting itself? Bad news and even fake news contributes to a decline of the altcoins or bitcoin or both in general? Why does the cryptocurrencies behave like stocks on a stock market?

[VikasPandey888]

Well, if you get a news of a storm is coming even though it is far, natural instinct is to fill reserves at any price..this is same with money...when you know you might loose it all you start selling..unless you are like me who had bought coins for the fun of up and down....and always be HODL

[ferrybitcoin.1996]

You should know that Cryptocurrency has fluctuative price everytime. Any little issues can make big trouble.
And, i'm doubt you really following Cryptocurrency updates. Already Full Member should not ask something like this.

[zoata87]

You should know that Cryptocurrency has fluctuative price everytime. Any little issues can make big trouble.
And, i'm doubt you really following Cryptocurrency updates. Already Full Member should not ask something like this.

Well, I think it's okay to panic when you see a lot of red in coinmarketcap because the market is very unstable with a lot of FUD right now. He just joined Bitcointalk 4 months ago but he posted every day that's why he's already a full member. I think it is the big correction that stops the bull run since last years, it gives a lot of opportunities for newcomers to buy bitcoin.

[zoloq33]

It's definitely not the end of crypto market, but the market haa been struggling for quite some time now. Every time it recovers from a dip, there are more bad news which cause a new dip. Hopefully this phase will end soon and the market will get back to the bull run.

[swissgang]

But there is always rise for the last 9 months, almost one year. Now it is time to fall and consolidate I think this fall will continue.

[bratko99]

Lol there were topics like this on every red day. "Is this the end of crypto?"
I should've been ended several times by now. But we're still doing good 

[dunfida]

Hi there what happen all altcoins and bitcoin is dumping but why? Im panic about that and the coinmarketcap still dumping this is the end of cryptocurrency? Anyone knows about this? A litle worried about what happening now.

Dont drink too much coffee brother because it will really give you nervous. (Just joking). If i were you dont easily panic on these kind of situation which it is a common thing to happen here on crypto.If you do try to look on the total marketcap all over the years since from the beginning you would able to say that it did grow soo much after all these years. Decline on prices are normal so theres nothing to be worried of.

[valta4065]

Hi there what happen all altcoins and bitcoin is dumping but why? Im panic about that and the coinmarketcap still dumping this is the end of cryptocurrency? Anyone knows about this? A litle worried about what happening now.

Dude that's what we call logic. I know it seems hard is crypto to talk about logic but it's actually something useful that exists for a reason :p

All coins got historical profits in the last month.
Overall the marketcap was terrifyingly high. Every day was a new all time high.
Do you think it can continue like this forever? Of course at one point the price is going to fall back... That's just plain logic.

The rise was too fast, too high and without enough logical reason. Hence the panic and the dump.

[Idrisu]

Hi there what happen all altcoins and bitcoin is dumping but why? Im panic about that and the coinmarketcap still dumping this is the end of cryptocurrency? Anyone knows about this? A litle worried about what happening now.

This has happened and we should put this dumping behind as this happens because of the issues of  regulation around the world. Bitcoin as the head has gotten dump to $9550 and we have has some recovering above $11,000. I am not panic about the dump and most of my focus now is how to get some fund to invest in cryptocurrency.

[Reatim]

Lol there were topics like this on every red day. "Is this the end of crypto?"
I should've been ended several times by now. But we're still doing good  

Yeah, but there are lot of investors who are really nervous when they see that the price is going down. You really can't blame them. But one thing that bitcoin shows us that we shouldn't be that much affected, because it will be just temporary and will recovered anytime.

I think we are really doing good, despite so much pressure from the governments to ban or regulate the market. And just Hold, nothing we can really do, well except to buy in dips. But if you don't want to because you are afraid that the market will go down again then just hodl and stay calm.

[ChrisCross86]

I think after the weekend a  massive bull phase will begin. Crypto is at the beginning not at the end.

[icalical]

I don't think you need to worry, this is kind of annual event in crypto market. You can check the market table in the previous yea, since 2015 maybe. Bitcoin (and other altcoin) is always form correction in January, then it will raise up again after that.

[mummybtc]

What help the space last year, was that some VCs started investing into the space, if these fund keep coming I think we will likely see more growth in price but the issue now for these projects especially those that are 3 years old, they need to start delivering something

[The Cryptologist]

Hi there what happen all altcoins and bitcoin is dumping but why? Im panic about that and the coinmarketcap still dumping this is the end of cryptocurrency? Anyone knows about this? A litle worried about what happening now.

Why you have to worry? You should think positive and see it as a discount for buying the coins that you really want to buy before but it's already on the moon. Just buy the dips and it will rise again sooner.

[xandra]

be patient, just wait for the good news I'm sure this is not the end of crypto hopefully the price will come back better

Probably that's what we should do let's hold still our coins and wait when will be the good news happen,yes i am hoping also that this will be not the end of crypto world.