It's Not Over Yet

[nydiacaskey01]

FUD spreading like wild fire and news agencies and all form of media are buying it for the sake of site visits and traffic. There's also a lot of instant crypto experts who gives unsolicited advise to holders that the end is near. Who cares and who needs their advise. As far as I know, what we are experiencing now is nothing new to the market and if you are not used to it, definitely you are new to crypto. HODL!



Chart Source: Cointelegraph

BTW: As I type this post, BTC-USD is back to $7,350

[btc_angela]

I have to agree with you that its not over. We may have enjoyed seeing a little bounce, but I have the same feeling that it might be another bull trap or with the constant FUD from social media, the price could stall again or another drop could be seen in the next couple of days.

Yes, we have seen this from the past, bitcoin crashing, then bitcoin regaining and bouncing back to new all-time-highs. The question is how tough are you mentally to hold and not to panic from this turbulence that we are experiencing.

[JuniAiko]

Those who panic and dump their coins are just in for the speculations and day-trading (hoping for quick profits) but have no faith nor understanding of the longer-term potential of the technology.
I have not sold any coin because I believe that crypto currency is truly a revolutionary tech that is here to stay, crash or no crash atm.
The technology is currently still under its infancy, basically akin to its beta stage development.
But of course it is also important to research thoroughly before buying any of the altcoins, and HODL for the long.

Hopefully once the dust from the necessary regulations and tax enforcements have settled, the market would have grown to become more mature (immune to FUD and pump-and-dump games) and thus perhaps less volatile so that adoption of cryptos as currencies in real-world use becomes more and more viable into the future.

[bohr]

Hopefully once the dust from the necessary regulations and tax enforcements have settled, the market would have grown to become more mature (immune to FUD and pump-and-dump games) and thus perhaps less volatile so that adoption of cryptos as currencies in real-world use becomes more and more viable into the future.

This is very unlikely no market is immune to FUD the difference is that in order to FUD  something like the stock market you will need a very strong FUD, while in bitcoin the only thing you need is just a bunch of rumors that people spread through social media, also volatility is going to be here for a long time as long as whales have such a huge amount of bitcoin.

[buytheeffinD]

Yes sir don't fall for that dead cat bounce today it looks appealing but it will get you nowhere but flying further down. Have some patience please and wait for the breakout before we all start jumping sentiment ships.

[malikusama]

Exactly mate, the manipulators have acheived what they were trying to do through the FUD they spread around the community, and the panic sellers were contributing in their mission by feeding them more and more at low price.
I believe that this dump is not going to stay for a long time.

[bias]

Nobody with a sense of what these economical "centers" do always to manipulate or destroy something that doesn't give them full control,will ever dump his coins.
We all knew,except trolls,scammers and FUD idiots,that they will do their thing to cut ppl from having control of their money. To be the future that they don't want.

We will stay strong now as we did before and as we will in the future.

[ragavancoin]

Yes you are right it's not over some FUD issues are going there with some countries give negative feedback about crypto currency's, once all corrections done I am sure the crypto market going to rocking soon.

[Mevz]

Bitcoin would be still the King in the end of the year no matter what. Those noobs dumpers are believing on such realistic FUD and those manipulators are celebrating now. They are doing this every year and would be repeated again and again. And our suffering now is nearly to be done. Lets just wait for the next prediction maybe bitcoin will recover its price to 30 % this month.

[jmiro1]

Of course this is not over yet. Long way ahead of us. This is just another fall, which has already happened before with us. But that doesn't mean this is the over. No, we still believe in Crypto currency. It will become more stable within a short period of time.

[richminded]

Yes sir don't fall for that dead cat bounce today it looks appealing but it will get you nowhere but flying further down. Have some patience please and wait for the breakout before we all start jumping sentiment ships.

Yeaah, there might be another run going down because FUD will never stop from corrupting the mind of every investors. Media play a big role on this market dump and I think this will happen again and again in the future but hopefully Cryptocurrency will manage to survive and continue its track going up for brighter days.

[gantez]

Yes sir don't fall for that dead cat bounce today it looks appealing but it will get you nowhere but flying further down. Have some patience please and wait for the breakout before we all start jumping sentiment ships.

The bounce to me is indicative of the fact that bitcoin is going to moon soon contrary to FUD. The assurance therefore, is to hodl and add more to what you already have. This year is going to showcase digital currency more.

[Perseusallen]

Yes. I do agree on your sayings. Cause i know too that bitcoin would rise up again and we will se that it will reach its maximum value of sixty thousand dollar per bitcoin just trust bitcoin. Hold it and wait the rocket to the moon that would takes us on becoming rich.

[Dimon888]

O тoм чтo ceйчac пpoиcxoдит нa pынкe мoжнo cкaзaть чтo pынoк живoй и дышит нa пoлнyю " гpyдь". B дaнный мoмeнт глyбoкий вдox и зaдepжкa дыxaния. Oчeнь cкopo нaчнeтcя мapaфoнcкий зaбeг, и ктo пpимeт yчacтиe тoт пoбeдит. Удaчи нaм- yчacтникaм зaбeгa!

[jmlona]

Yes. I do agree on your sayings. Cause i know too that bitcoin would rise up again and we will se that it will reach its maximum value of sixty thousand dollar per bitcoin just trust bitcoin. Hold it and wait the rocket to the moon that would takes us on becoming rich.

Why 60,000? Why would that be the maximum? The maximum is technically infinite. There's very little to suggest we will be going to such figures anytime soon. A success for the next month or two would be no further falls and a recovery to 10-13k range. 20k being the previous ATH is a long way off right now.

[Wallflower28]

Exactly mate, the manipulators have acheived what they were trying to do through the FUD they spread around the community, and the panic sellers were contributing in their mission by feeding them more and more at low price.
I believe that this dump is not going to stay for a long time.

The panic sellers are now shocking with the results of their selling. The price is moving up and they are now stressful in what they did. Holding is the best solution when the price dropped and I think selling in a low price is not profitable. You just sharing your assets to the manipulators of the market.

[tomahawk9]

Yes sir don't fall for that dead cat bounce today it looks appealing but it will get you nowhere but flying further down. Have some patience please and wait for the breakout before we all start jumping sentiment ships.

Yeaah, there might be another run going down because FUD will never stop from corrupting the mind of every investors. Media play a big role on this market dump and I think this will happen again and again in the future but hopefully Cryptocurrency will manage to survive and continue its track going up for brighter days.

I think the massive amount of FUD articles that we've seen over the last couple of days are not directed to investors.

To me, the primary target of the fud campaigns are the weak hands, the bitcoin newcomers that bought at ATH or at 15k-12k, the ones that have no idea how volatile and speculative this market is, they are the ones that will listen to anything the "experts" say and will act accordingly to whatever they read on the news. The media knows they can manipulate the average joe with a single headline that will eventually cause a new wave of 'panic sell'.

[Jating]

Exactly mate, the manipulators have acheived what they were trying to do through the FUD they spread around the community, and the panic sellers were contributing in their mission by feeding them more and more at low price.
I believe that this dump is not going to stay for a long time.

The panic sellers are now shocking with the results of their selling. The price is moving up and they are now stressful in what they did. Holding is the best solution when the price dropped and I think selling in a low price is not profitable. You just sharing your assets to the manipulators of the market.

That's why we always says that weak hands are shaken at every market correction that we have seen so far. And now the wind of change has shifted again. Looks like we are in for a rally as the price is picking up due to the positive news of the US Senate hearing on bitcoin and cryptos. They are really in for a rude awakening.

Dumping their coins specially at during the crisis is not the best thing to do. Now they are going to regret their decisions. But I do hope that those who panics sell has the attitude to get back into the market when it deep further below $6K. Again we are in a rally and hope that everything will be back to normal. NO more FUD and bearish sentiments.

[aoluain]

No its not over yet, the fud and hyped up negativity to crypto continues.
There are a lot of people unwilling to check what they read before reacting
just as we have seen with scam ico's and hyip schemes for example, they
Just take everything as gospel and press their buttons.

[jossiel]

FUD spreading like wild fire and news agencies and all form of media are buying it for the sake of site visits and traffic.

I agree on this. Those crypto news website are the one who's triggering the fire so that their readers and people who are conscious with the price of bitcoin will just follow the trend and will start selling while the website is earning through the traffic.

There's also a lot of instant crypto experts who gives unsolicited advise to holders that the end is near.

This  damn they really are many of those instant crypto experts who invested to bitcoin a couple of days and became analyst after seeing two days of price rise and fall.

Who cares and who needs their advise.

They want an exposure and they will benefit it so its a win situation for those "experts". Their name are exposed, more companies will take them as financial adviser and they can also buy at the dip.

As far as I know, what we are experiencing now is nothing new to the market and if you are not used to it, definitely you are new to crypto. HODL!

It happened for years so there's nothing new, yes!