This dump will scare a lot of people away from Crypto!

[jamesashmore1964]

The media were singing the praises of BTC, Cardano, Stellar, Ripple, etc and NOW LOOK.
In my opinion this will scare any newcomers and existing participants of this market space!
A lot of damage has been done!
Just about every chart analyst didn’t see this!

[jamesashmore1964]

Man I hope it bounces back sooner rather than later!

[greenvally]

Fake news are affecting crypto industry a lot. I think people shouldn't always believe what is said in media because they can influence human a lot. Eveyone should judge by knowing proper news. Like now crypto industry is recovering and the media is spreading rumors which will affet this industry a lot. But i believe those who really know cryptocurrency and know its potential they will ignore such news.

[longergou]

The media always likes to spread false news about cryptocurrencies. I can see several fake messages about cryptocurrencies almost every day. I don’t even bother reading those news.

[jamesashmore1964]

The media always likes to spread false news about cryptocurrencies. I can see several fake messages about cryptocurrencies almost every day. I don’t even bother reading those news.

Unfortunately it creates a lot of uncertainty!

[Gogochen]

The market is still fragile, so FUD has a big impact on the market.
Then I hope to reduce some FUD, so the bull market will really come.

[crocus]

Media always spread lots of news about cryptocurrency existence but some of articles they spread are fake and some beginners will quickly believe because of lack of knowledge and they dont really understand how crypto work.

[jvdp]

Media always spread lots of news about cryptocurrency existence but some of articles they spread are fake and some beginners will quickly believe because of lack of knowledge and they dont really understand how crypto work.

First here on this forum we are seeing big whales and people against the cryptos influencing the People on this forum to spread fake information in this forum itself.
I really looking to find the bitcoin and see the other coins have potential grow better in the market. Mostly those coins only getting trolled in this forum. I see many people showing ripple in the media side.
I do not know why hoiste the flag for shit centralised coin mate.

[jamesashmore1964]

Media always spread lots of news about cryptocurrency existence but some of articles they spread are fake and some beginners will quickly believe because of lack of knowledge and they dont really understand how crypto work.

First here on this forum we are seeing big whales and people against the cryptos influencing the People on this forum to spread fake information in this forum itself.
I really looking to find the bitcoin and see the other coins have potential grow better in the market. Mostly those coins only getting trolled in this forum. I see many people showing ripple in the media side.
I do not know why hoiste the flag for shit centralised coin mate.

I am a crypto FAN and the FUD also pisses me off.

It is like someone is deliberately trying to destroy crypto - WHY?

[Dark_raven007]

Yes, not all news needs to be believed. They need to be filtered, studied. Even the bad media has some truth. It all depends on the person who does it, how much he is a multi-personality.

[tenebriscaelum]

Fake news are affecting crypto industry a lot. I think people shouldn't always believe what is said in media because they can influence human a lot. Eveyone should judge by knowing proper news. Like now crypto industry is recovering and the media is spreading rumors which will affet this industry a lot. But i believe those who really know cryptocurrency and know its potential they will ignore such news.

That is why whenever there is a new news in the crypto industry whether good or bad we should always evaluate its credibility as sopecially to newcomers and potential investors as they are easily and quickly to get swayed by such news. This type of news is one of they ways pump and dump groups along with manipulative whales do to influence people to either get hyped or to panic sell, that is why it is important to always evaluate every news and check every sources to check its credibility.

[blackcardmusic]

Its already dumped far enough tbh. All the dumb money should be almost out of the scene.

[linkybit]

There is no doubt about that Market recover eventually whether it takes weeks or months. Newcomers sell when there is panic whereas seasoned trader buys during the down times.

[JeffBrad12]

The media were singing the praises of BTC, Cardano, Stellar, Ripple, etc and NOW LOOK.
In my opinion this will scare any newcomers and existing participants of this market space!
A lot of damage has been done!
Just about every chart analyst didn’t see this!

Every movement in the crypto markets is becoming an impact from the latest news about the crypto environment. I think it will not as long as the newcomers will try to learn more and more. This just a common thing right now. If you were including on early adopters of crypto and the crypto fight against China is even worse than this one.

[Ka4Rt4]

yes dump can affect many people and make its afraid, but for me it should not be afraid and do not have to believe in what is spread by the media, we need to be positive continue to cryptocurrency with now in know price is enough and start to increase.

[yazher]

Only those who are new in Crypto but for the experience one this dump are normal for them it hasn't been long since the pump up from 6k+ to almost 10k. normally this should happen because we are not seeing the whales has make their move.

[notyours]

If this happens then only rewards will be those who believe in Crypto. I'm sure that those who are frightened and who have lost confidence in the crypto.
So if this fall happens, it will continue to believe because it's going back to the past and I'm sure that it's still higher today

[Freddie Aguiluz]

Man I hope it bounces back sooner rather than later!

It will increase its value sooner or later, for sure, just like last year, in the middle months of the year, near middle to the end of the year. but it will be sure that it will rise up again and maybe surpass its original value.

[caisa88]

I'm never scared of dumps, it's rather a good time to acumulate more coins and tokens. If you look on the long-term chart, you will see that the market has always recovered after dumps.

[Yuuto]

The media were singing the praises of BTC, Cardano, Stellar, Ripple, etc and NOW LOOK.
In my opinion this will scare any newcomers and existing participants of this market space!
A lot of damage has been done!
Just about every chart analyst didn’t see this!

What do you mean?

This correction has been expected by many. The media as always covers crypto positively when the prices are rising, and vice versa when the markets are falling. This is just how the crypto market/ecosystem works.

It will not scare away people. Weak hands will dump regardless whether they are newcomers or not. Trust me, corrections like this happen all the time, and they do not affect the long term adoption of crypto a single bit.