Cryptocurrency market to suffer from strong correction

[nattykio]

The correction is becoming obscure as time passes. From May till now, there have been series of corrections and that do not give immature traders with so much hope in the market. One thing that is not helping the entire ecosystem is the fact that fundamentals and sentiment is killing the market; with few greedy individuals manipulating the prices.

[iv4n]

The correction is becoming obscure as time passes. From May till now, there have been series of corrections and that do not give immature traders with so much hope in the market. One thing that is not helping the entire ecosystem is the fact that fundamentals and sentiment is killing the market; with few greedy individuals manipulating the prices.

We always accuse whales, but they aren't only ones who affect the price. There are too many day traders, how many people constantly sell and buy bitcoin, and in which pairs? Do you know how big news affect masses? Correction in this case means stabilizing between supply and demand, like any market this crypto market has it's movement.
Where is the problem? I said too many traders, everyone wish to earn a lot, to buy cheap today and sell tomorrow for 100 times higher price, is that normal? Instead to invest in crypto and use it for what it's meant to be used people just pump and dump coins. Here I count all alts too. Because people don't use it for anything else then speculations and trading market has periods when too many people is selling and not so many people are willing to buy anymore, price needs to suffer.
But we are young market have that in mind, there is a lot of space for growing, improving, everything will sit on it's place one day in the future.

[hanlap]

I do not believe cryptocurrency market will collapse, I do not have to advise you to invest or not. Trading in any form is risky and therefore you must take responsibility before making a trading decision.

[WuGong]

There will be a trend of callbacks in any investment market, but I don't think the callback in this market is bad. This may be a sign before the bull market!

[jojowar]

For me that news is truly misleading the people on what is cryptocurrency stands right now. There maybe some challenges suffering right now but cryptos will be survive not only those remaining 10percent but maybe the majority of it.

[Alpinat]

I am hoping that all of the tokens in the cryptocurrency will survive so that they will all increase and I am hoping that bitcoin will including to that. My opinion about the correction will be the mother coin which is bitcoin will increase first then the tokens will just follow the mother coin ( bitcoin )

[diger]

Where the market is already lower to fall?And so the investor is all in huge losses, if the market falls by 90 percent even then it's all the end of the market, I hope this will not happen of course .But according to the logic of judging it is likely then remain the most good projects and they will start to fill a lot of money .

[thichtieuthuong]

There have not been official announcements about this, so many seminars are taking place but there is no sign of recession. They are still analyzing and understanding Bitcoin in a different way, Bitcoin will still be potential for investors to pay attention.

[deppil]

yes you are right in my opinion the condition of the cryptocurrency price at the exchange place at this time is really awful a lot of bad news that attacks the cryptocurrency that makes many panic and prices collapse.

Thats true. with a lot of bad news and negative speculation. Moreover users and investors are experiencing trauma and fear. which keeps prices down because there is no confidence in the market. I hope the correction only stops at $ 6k. I'm afraid what will happen if the price is below that

[lephuqui]

I do not believe cryptocurrency market will collapse, I do not have to advise you to invest or not. Trading in any form is risky and therefore you must take responsibility before making a trading decision.

This market will not collapse. It is whales who deliberately make us sell cheap things that keep them cheap. To say much, the purchase price must be low that is what a merchant should know. And the same way they are doing with us to buy low prices.

[Showmethebtc]

Yes, this market callback is very fast and very large. 80% of coins have fallen by more than 10%. I believe most investors have suffered huge losses!

[Yaunfitda]

Yes, this market callback is very fast and very large. 80% of coins have fallen by more than 10%. I believe most investors have suffered huge losses!

Obviously everyone have suffered major blows on their investment portfolio once bitcoin and the rest of the crypto sphere went on a downward spiral. Their might be others who learned how to mitigates the risk or even went out early because of the bearish trend. But if you have been in this situation before, its better to be calm and not to panic and don't sell you crypto specially bitcoin because the day might come that we will going to bounce back and bounce really hard to at least regain what we have lost earlier.

[lephuqui]

After a sharp increase in prices in 2017, a sharp drop to the adjustment is something I see clearly. BTCs can return to 4000 or 5000 $, while altcoins will be reduced dramatically. If you are a new investor, you may be thinking about getting involved at these times.

[hungsanh2512]

The discussion on format for browsing EFC and SEC should make a price has dimished. The banned of command is not allowed to be complete, they are review and given thing logical. Should be keep calm down to this phase.

[Pixstxbtm]

When I saw that the ETF was about to be reviewed, I immediately purchased ETH and 0.5BTC for $500, and now I have lost more than 20%!

[katri]

The market is in hard fall, all prices is down. I hope in the next couple of months prices will spike again. I've loss over 70% of my capital and I can't sell it today because it will surely loss. I'm just waiting for the right time. I hope at the year end market will recover.

[RandyGamage]

I think this is FUD, people who are behind these want to buy coins with lower price. that is the real intention of these news. we shouldn't give publicity for their hidden agenda i guess.

[bitbunnny]

Always the same old stories, whales are guilty for the low price and market recesion. But do you realy beleive that handful of users could influence the price so significantly? I don't think so, there are also many other factors that affect price besides whales and their greed.
Lately this could be SEC delayed decision about Bitcoin ETF.
But the fact is that Bitcoin price is very complex and many factors influence it, you can't judge on situation so narrow.

[signaturecoin]

The market is in hard fall, all prices is down. I hope in the next couple of months prices will spike again. I've loss over 70% of my capital and I can't sell it today because it will surely loss. I'm just waiting for the right time. I hope at the year end market will recover.

The market is in a very strong downtrend so this is a good time for investors to buy their very good cheap coins. I also bought myself some of the coins I had studied before, and I saw this decline as an opportunity for me to buy more good coins.

[chikendrymak4]

It is not cool as to what people are doing and what is the fun in making people panic.