Bloodbath

[Omnia Vanitas]

This is a very good bloodbath, as cleans up the market from weak hands and improvised investors/traders.
So, who bought bitcoin in december at 20k with the illusion of fast gain, now have sold everything. Whales thank...

It's disturbing but it's true: it's called natural selection, only the strong survive.

[peter0425]

When is thus general Bloodbath likely to end guys?... All Capital tied up 😰😰

I think we have weathered the storm from the last massacre that we have seen. Bloodbath has caused so much emotional and financial stress for all of us and its good to see the market making a headway to a positive direction. Although it looks like bitcoin is stuck to $12K, at least the bloodshed stops momentarily.

I'm sorry to hear that you got all your capital tied up, however, you can breath some relief, and you should invest what you can afford so that in market crash, you wouldn't think of selling your coins because you are going to suffer a big lost.

This is a very good bloodbath, as cleans up the market from weak hands and improvised investors/traders.
So, who bought bitcoin in december at 20k with the illusion of fast gain, now have sold everything. Whales thank...

Yes, a healthy correction that shakes the weak hands once again. Strong hands always prevails. That's how the market work as much as we don't want it to be. Those irrational buyers of $19K bailed out already the minute they see the price making a reversal.

[Fippy]

When is thus general Bloodbath likely to end guys?... All Capital tied up 😰😰

This will end soon, but the best thing that you can do now is just buy as many altcoins as you can. This is the perfect time for doing so.. I am investing a lot of money right now because as soon as all the market recovers you can easily make a x2.

[vinbentrob]

It's seem the blood has been wiped clean.  Market has bounced back to green.  Bitcoin still remain the favourite cryptocurrency.  And I know it will remain so for a very long time!

[aussiesloth]

Wow.  Terms like bloodbath are just what the media love to see and use.  But really, look at the numbers. Btc is only a loss if you sell (assuming you bought at a higher price) and the dip has really only taken it back to where it was last month. 

[Cryptomagnus]

It's a bloodbath only for wannabe traders that bought in december at top price.
If you bought bitcoin just one year ago, you still had a ten times profit!!!! So, what bloodbath?

[DanWagner]

I'm not sure that it is over , seems like the market doesn't know what is wants to do. I think we will be in a bear market trough February.

[zenrol28]

Is it really a blood bath? I am seeing it as a huge sale. This is a great time to buy and get more bitcoins at a lower price. When this sale ends everyone will ask if will bitcoin gonna be cheap again. Just relax and take a break.

[herfianto]

Is it really a blood bath? I am seeing it as a huge sale. This is a great time to buy and get more bitcoins at a lower price. When this sale ends everyone will ask if will bitcoin gonna be cheap again. Just relax and take a break.

I agree with you and I think this is the great time to buy Bitcoin and Altcoin in lower price. and now all the coins price increases again. It would be very profitable if buy it now.

[Nerman]

This correction is really good for the crypto market. To be honest no one knows exactly if it is over but i am confident that this is not the beginning of the end. People who are saying that have their own agenda. I am possitive that after this correction another price rise will happen. So just hold your coins and let the weak hands sell.

[Koro-Sensei]

The problem is that everybody is selling right now, that is the main reason of why everything is dip'ing right now.
Bust just relax, this will probably be temporary just like it happened during the last few years too.

When is thus general Bloodbath likely to end guys?... All Capital tied up 😰😰

I am not worried at all, and i am losing a lot of money, but i am still positive about it because we all know that it will keep going up during the next few months.

Now you're working at your holdings right? Forever Hodling haha your timing's never been perfect well not only you suffers from that almost all are facing that situation so dont be sad haha. Keep Holding until your patience runs out.

[JosephStalin]

A bloodbath? That was not a bloodbath, it was a market correction which in good part was recovered within one day. You have not experienced a real bloodbath, trust me, trust the words of Joseph Stalin.

[Magister Magus]

Bloodbath? What did you expect after a 2000% growth in a year?
This was a normal and very expected correction, and it's a bloodbath only for who bought bitcoin at the top value in december.

[palle11]

I suppose that people who are crying bloodbath on bitcoin are people who invested wrongly. They misjudged the market, expected it to keep going bullish while at $19,000 or thereabout, the market was looking for a resistance level. The fall is appropriate and much expected and accepted. It has let of some fake flesh or economically called bubbles, now is entry time again before it gets to $13,000.

If we remember last year that at 13,000, it took some time before it broke lose to $15,000. The market has settled down now. I don't expect a sharp move upward like we saw in December.

So, is not a bloodbath for bitcoin to me but a correction time.

[Eleven86]

I suppose that people who are crying bloodbath on bitcoin are people who invested wrongly. They misjudged the market, expected it to keep going bullish while at $19,000 or thereabout, the market was looking for a resistance level. The fall is appropriate and much expected and accepted. It has let of some fake flesh or economically called bubbles, now is entry time again before it gets to $13,000.

If we remember last year that at 13,000, it took some time before it broke lose to $15,000. The market has settled down now. I don't expect a sharp move upward like we saw in December.

So, is not a bloodbath for bitcoin to me but a correction time.

I am sure for Racekid,  this would be his first time facing this big correction. That's why he feels like he is going through a bloodbath. As an investor he or she should have a mind to accepted.  The values are getting changed slowly. Bloodbath is getting cleared.

[Pleione527]

Seems the bloodbath has come to its end for this season well as expected a huge drop in bitcoin price takes place I'm not surprise seeing all other alts drops but good thing I am a believer of cryptos that what we have  just experience is only a matter of fluctuations and a normal activity. I don't count whatever profit or loss I have now on my investment because it wasn't over yet and I'm still holding my coins till now

[Firefox07]

The problem is we don't know when this bloodbath will end. Yesterday all my altcoin are slowly recovering from a big drop. But the price drop today. I hope this drop will end soon.

[Cryptophorus Columbus]

It seems to me that this bloodbath - out of a predictable correction - was a provoked one, by big players starting to make declarations with the intent to create panic.
The impression is that the "bigs" (central banks, governments, megacorporations,...) want to enter in the bitcoin game, and they try to pay the minimum price possible.
I predict much more losses, at least until february.
Then we'll see.

[949miner]

Panic selling, that is the only explanation that you are probably looking forward.

There is a huge pressure on the price right now, huge hands are trying to bring the price back to the bottom again, and that is really happening.

just relax, because it will go up in a few weeks or months from now, it is just all matter of patient and for how much time you can hold on this situation.

When is thus general Bloodbath likely to end guys?... All Capital tied up 😰😰

[Crypto Vitriol]

Yes, out of the usual fall of every january, it's clear that there are forces that try to create panic just to buy cheap.
What it's sad is that they obtain what they want. :-(