Almost All Currencies Down (RED DAYS)

[acetouryahey]

What happened today? As i saw in the market almost all the currencies is down even the BTC is super down. Is time to buy or not? Or do  we need now to sell what we hold or not? For you what is your best opinion or best strategy or best advice to all newbie.

[DanWalker]

What happened today? As i saw in the market almost all the currencies is down even the BTC is super down. Is time to buy or not? Or do  we need now to sell what we hold or not? For you what is your best opinion or best strategy or best advice to all newbie.

I guess it's because the situation around Tether. Every single player at the market suspect them in issuing of USDT which are do not backed by a real USD. Plus there are a strong tie between issuing of USDT and the surges at BTC. Even Cindicator app asked me yesterday if USDT drops to 0.5 USD by the summer or not due to this problem.

[pentol86]

if you have some bitcoin, hold it, if you want buy, you need wait until stable. the price usually always down when chinese new year coming

[gizmodo1987]

If you have bitcoin or alltcoins now just hold it until rises up again. This is also the time of buying more if you have extra cash.  History repeats if you look on the previous year you will see the same situation as today. This dip also cause by negative news about crypto. People who are newbie in crypto world is now selling their coins because of the news.

[Plixs]

When you see the cryptos rates drop, the first thing you should calm down and investigate the market situation is to see why the downside and look for other investment instead of selling immediately because it will lose a lot. At times the rate of exchange must be calm and good control of emotions to avoid making the wrong decision.

[adam1230]

This is where the scam projects going to die.
They will not handle the price drop for long. We will see lots of shitcoins dying in near future.

[windfaraday]

Maybe all coins decrease because chinese new year will coming. I suggest you to hold all your coin,  and don't do panic sell. Due to if all people did panic sell,  absolutely all coin will more decrease.  Just be patient and always check the market situation.
The incidence of this coin decrease,  it had already happen every year ago, it'a normaly guys.  So for people who still new in crypto's world dont be panic and don't make wrong decision.

[X2PR8888]

This really scares me and a lot of not so tenured traders or crypto users because of the value dropping down since the start of this year or even late last year.  I have not been around that long to see how bitcoins and other coins rises up eventually but I believe the testimonies of people who have seen, rode, and risen among the waves so I guess really the only logical thing for me to do is to hold off on the coins I have, buy coins which are cheap at the moment but known to rise again soon, and just wait it out.  It's too risky to pull out all coins and I'm guessing a stupid move too because what if things turn around soon, right? So yeah, as scary it is too see all those red lines now, it's going to get better eventually.  Keeping my fingers crossed.

[rudyconsl15]

According to news I read in bitcoin print media declined due to JPMorgan CEO Jamie Dimon's comments that "This (bitcoin) is not a real thing, it will one day die. I am not suggesting to immediately collect bitcoin and sell 100,000 US dollars of bitcoin before its value goes down, "
We know that J.P. Morgan & Co. is a commercial and investment banking institution based in the United States, must be very influential in the economic movement around the world. but do not panic hold on until the price actually goes up again.

[mayan251]

Some people say that the new year is approaching in Korea and China. People are passing the festival. So it led to a drop in the price. I think the application of a token that doesn't have any support this year is going to die. Stick to the end and go further. Let's see what the future is.

[brainitterem]

I think best is to hold strong coins like bitcoin,etherium and other top10 and sell shit coins, also its great to buy at low top20 coins to receive good profit in long run.

[xindoa]

red is not even covering it anymore. this is a bloodbath. or we should invent a new worth because even bloodbath is not even covering the losses the last weeks

[Suzukigsxr250]

I believe its because of economical revolution around the world, in USA or N.Korea mostly.I have a faith in max 2 months thats gonna be green.

[inyakizuryel]

What happened today? As i saw in the market almost all the currencies is down even the BTC is super down. Is time to buy or not? Or do  we need now to sell what we hold or not? For you what is your best opinion or best strategy or best advice to all newbie.

The best advice would be to hold your tokens, just dont sell them, dont panic this is not just for you this is for us all who are holding coins most especially bitcoin and also some other altcoins. Have trust that the market will stay away from red but as of now don't panic and don't be afraid. Spend you time to some things that will keep you busy, or you can read more and more about crypto so that you will be fully informed and well knowledged on how the things are working in this industry --- This is my advice to newbies and this is also the best we can do

[Wonder_woman]

What happened today? As i saw in the market almost all the currencies is down even the BTC is super down. Is time to buy or not? Or do  we need now to sell what we hold or not? For you what is your best opinion or best strategy or best advice to all newbie.

I really can`t help but wonder if the price of these coins will still get up because ETH and BTC now are really going down and it affects the price of almost all cryptocurrencies. For me if you are risk taker, right now is the best opportunity to buy crypto and sure profit will come if the price of cryptos will pump again. As for me I am still holding my coins and still hoping the price of my crypto and the price of ETH and BTC will pump so high.

[thotknectar]

Even if this was a long term bitcoin crash, selling would only accelerate the crash. Individual currencies should be reaching out to their respective communities and asking good questions about how their system works to make sure this crash doesn’t hit them as hard. This is a time to address core issues with product design because projects with poorly prepared teams will be washed out. Check your portfolio and make sure your coins have solid teams producing consistent efforts to make it through tough times.

[lucemferrum01]

What happened today? As i saw in the market almost all the currencies is down even the BTC is super down. Is time to buy or not? Or do  we need now to sell what we hold or not? For you what is your best opinion or best strategy or best advice to all newbie.

Most of the seasoned traders and been in the crypto for years said that this are normal occurrences which I believe too but if by any chance bitcoin and other cryptocurrencies would not be able to go back to its former peak values before 2018 ends then I think that would be the only time I will panic.

[skladnikov]

This usually happens after rapid growth, we repeat year after year, growth in the value of cryptocurrencies and their correction, it is now winter time and the fall is justified by the low demand for the cryptocurrency.

[pikebu]

All of digital currencies goes down, is not good time to wait and buy cheap? The red days is not bad for some people especially for the traders, they can buy back in cheap price i don't find something wrong with red days we just need to buy and holding them and the most important, we must have reserve of capital in trading, investing into digital currencies that is part of money management in investment. So let's wait up to the price to be sideaway and start buy back again.

[adolf512]

Really now is the right time to buy if you have capital. Listen to most opinions - everything will fall into place and crypto-currencies will reach new heights.