Market going RED!

[so_stupid]

For the fifth month now, there has been no fairy-tale growth. I'm already used to the fact that my savings are melting every month.

[ballerin and giroud]

I think the red market is now due to the month of Ramadan, which is approaching the festivities so that so many people convert their crypto into fiat, to meet their needs later, and this is an opportunity to buy

I think you do not need to involve religion here. I do not think that this affects the market. Before that we talked about the new year.

There are effects caused every day big day, I saw some time ago when Christmas day price of cryptocurrency decreased. Probably caused by those who need money to sell their owned assets, and the impact if they see a decline happen so most users will sell their assets to save their capital and good time to buy when the price is cheap. And I guess this is not a religious reason, but a downtrend occurs when someone sells and opens another way for someone else to sell as well.

[bahtiy]

Any market is red someday. Not only is the crypto-currency market. This is not the first time and certainly not the last. Excellent time to hold on to assets and search for something new.

[Fray]

In this red market, I have accumulated many altcoins at cheap price and now just waiting for the next bull cycle which is expected in August provided Bitcoin maintains its price above $6k.

[Kakady13]

I think being red the market are nothing to be worry about because it's a part of it's system circulation that there comes the time that it will be in red and some other time it's being green.

[MinerFTW]

Maybe profit taking!
Maybe people are trading for a quick profit and are not long term investors!

If I have to be honest, I'm not sure what do you mean. But most people are trading the cypto currencies because they have a very high volatility and that's thear chance for faster profits. Ofcourse this gives the advantage of big fish on the market to manipulate the market.

[AlisaWhishie]

I just wonder how many of these cycles you need to witness to stop creating threads like this every time when the trend is changing. It's good for the market, it's a sign of a healthy market actually, so don't panic, please. Leave all of these FUD-like talks to exchanges chatboxes.

[vermigerous]

After a quick recovery market is not a good view right now. every day the price is going down and down for what are the reason why is being like this? maybe a big whale run will soon to come so just hold your horses.

[lotfiuser]

maye mtgox has sold there bitcoin again the market is out of controll in very suspectious way  now we become a game between them they can make us happy or sad

[JTEN18]

The bitter truth is "Market is going red". Everything is going downwards right now. There is a huge crash in price of tokens, ETH, Btc. Hope for the best guys. Finger crossed.

[Olesix]

I absolutely don' worry about it, the cryptocurrency is very volatile, that's why it brings us good profit. Now we have a great opportunity to buy coins.

[Hell_Bunny]

I think the red market is now due to the month of Ramadan, which is approaching the festivities so that so many people convert their crypto into fiat, to meet their needs later, and this is an opportunity to buy

Haha, you made my evening)) That is all in one day decided to sell the crypto currency so that there was money for the celebration of Ramadan))) Before that, the Chinese New Year was, now the Ramadan, what's next? Independence Day United States, Catholic and Orthodox Easter?))

[Cryptogenes]

Ot is true that market is red but can we take advantage of that and buy more rather than panic?  We are in crypto to see it become stronger and to make more profits and I believe that these are few opportunities we can get take our dreams come true. I believe that these days are not permanent and we are likely to see major improvements soon.

[LyudvigDD]

Yes. The entire market is again red. I think the pump of the market will never be.
I hope I am very mistaken ...

[Vaculin]

Yes. The entire market is again red. I think the pump of the market will never be.
I hope I am very mistaken ...

Pump will always happen but we do not know when.
Why worry now, when we always see a dump in the past, I would not think it will continue to go down so buying is a good thing to do.

[Ziskinberg]

The market seems to have reached a low limit and will stay here for quite a period. There are both good news and bad news coming and the market is nearly constant but it's mainly the FUDs and fake news that has been decreasing the price at current time.

Yeah, it's really not good if we look at the market now.
We are closing the first half soon, I hope there will be a spark and the price will reach to $10,000.
I don't know if we can surpass the ATH this year, but I am still optimistic with that despite this bad start.

[Businesscase]

After every growth is going correction to the strong support lines, after correction there is always recover to the top price and then new "to the moon". This is what I'm waiting from the market and Bitcoin itself.

[Nunii]

We never know. Only those who sell at low price loses and weak hands that gave in too. I still hope the market will recover and we shall see the calm after this storm.

[anjohyx]

Do not be nervous ahead of time, this is just a bearish trend, the market will soon win back. I think it's worth to look at the analytics of recent years and you'll see that this process is very cyclical

Investor panic to dump their assets is stupid action and must be regret later, they haven't join crypto pump party before , just a newbies investor, always panic and don't patient to wait for profit, I'm sure that they will cry later ...

[grabpopcorn536]

At the present time, what you say is true. This is also the reason why the market is gradually going down. Is it stretching when it's over and restoring it again or will it end?