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

[itasannah]

The dump coin prices, everytime and everywhere, will make some people feel scared of losing their amounts. However, if we are involved and participated in crypto, we must have known that this is part of the risks, losing our money in the unpredictable time. However, we can also manage the loss. We must think the very good strategy to reduce the lost. If we don't want to lose the money on the altcoins, don't sell them when the price is very dumped. Be patient and try to hodl.

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[Baoo]

Honestly, it is unfortunate that many users of cryptocurrencies are very  pessimistic and scared by the sudden and unexpected changes in the market. Furthermore, IMO everyone must avoid  the  information of the media because they are always manipulating the users through some fake and false news, and the issue that many believe them and this leads to bad consequences (  panic selling...) and significant financial losses.

In addition to that, the capitalists (who have a large proportion value of cryptocurrencies especially Bitcoin) control the whole market (Such as, what is happening in this period, sell a large proportion of their money) to ensure a huge profit after some period and even influence the media through some rumors in order to achieve their interests (Long-term profit).

In fact, I do not think that this widespread crisis or drop will continue on a long term, maybe it will last just for a few days or a week, and after that, there will be a good jump especially if Bitcoin will rise between 10K and 12K because the whole market is linked or related to BTC. So we must wait a while and it is certain that there will be a good surprise and please stop complaining because everything will improve for the better.

[bananadines]

Yeah, that huge dump was really scary for the most new people and for people that want to join the crypto world! But maybe they will buy when we are at the dip and they could make some profits. But I think the most new people will buy the top. That's how everyone started

[TheDarkRide]

Dump will scare people but as soon as the pump came, people will be interested to join again. That is mostly what will happen. People come and go in cryptocurrency.

[NewDeal]

Anyone who wants to come into the crypto market first needs to understand that price hikes and price dumps are normal for the market and that even after they buy in, the volatility will continue. If a dip in prices is what scares you from investing in the crypto market in the first place then you should not invest in cryptos.

As long as there is such a high volatility on the market, many investors will avoid this market. I do not know if it's good or bad.

[Vohoanghiep]

Right. Probably fake news has a great influence on the psychology of investors. So, they panic and fear made them become incongruous. That has done so much damage to the virtual currency industry. So, if you want to become a smart and successful investor, you should distill the news and have a steel spirit to stay ahead of bad news.

[Sithara007]

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!

You don't need to look at the short term trends. During the past 1.5 years, Bitcoin has given the investors more than 700% returns. The corresponding figures for ETH and XRP are even higher. Concentrate on this stat, and not on the short term dips.

[Temmy007]

As a good trader you should not be scared of dump, be fearful when others are greedy, be greedy when others are fearful, dumps are time to buy

[gurunanakji777]

Market moves on many factors its not just move according to the charts only. Demand, Supply and News also plays major role in the market movement. A positive news boost up the market sometime on the other hand a negative news drags the market down sometime. So we can't say charts decide the market move. Dump will scarce only those who are here for quick money and this market is not for them. Holders will stand firm whether market drops hard because they believe in crypto currency potential. I am positive about market and I am hoping in coming months it will rise back and certainly more buyer will attract to the market.

[sultanali]

I have seen many dumps like this in my Crypto career but it never scared me because I know how Crypto market moves but I agree with you new people will be scared from this and they will sell the coins in panic and when a market will move up after that they will get disappointed from that.

[bibitao67]

Anyone who want to jump in to crypto market should be have some knowledge about risk management and technical or fundamental analysis, they should be know crypto has very high fluctuacion that will make big loss or possible to get huge profit in short times, there are many people not ready for that, and finally they get lose and left the crypto . Also important to use money that afford to lose, people should be understand every risk when jump in to crypto.

[jamesashmore1964]

Anyone who wants to come into the crypto market first needs to understand that price hikes and price dumps are normal for the market and that even after they buy in, the volatility will continue. If a dip in prices is what scares you from investing in the crypto market in the first place then you should not invest in cryptos.

Normal people are scared of dumps: Hence the problem! That is why the market is struggling!

[jamesashmore1964]

Anyone who wants to come into the crypto market first needs to understand that price hikes and price dumps are normal for the market and that even after they buy in, the volatility will continue. If a dip in prices is what scares you from investing in the crypto market in the first place then you should not invest in cryptos.

Normal people are scared of dumps: Hence the problem! That is why the market is struggling!

In addition most of the coins are based on hype and have no commercial value and don’t make money!

[neonshium]

People interested in crypto will do research on the history of cryptocurrency or bitcoin in the past, and probably will not be afraid of the current situation. But people who are anti-crypto will say, look! what i said. And people like us, will take the opportunity to buy more.

This present situation of the crypto market is not that much good as it should be and that their ae investors who are not happy with the way these crypto currencies are behaving now-a-days but the thing is there is no such need to be worried about and that you need not fear anything. Things will get better and that you need to wait for the right time before making any kind of decision.

[Borisov]

Look at all the charts of cryptocurrencies, the market is wavelike, and do not be afraid of dumps (without them anywhere). On the contrary, use this time to stock up! And the market will recover do not worry!)

[Afrizky R]

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!

newcomers do not have to worry about this if it is a good project that is offered and growing, it actually makes some alt be afraid of rivaled so that the news popping news that dropped many parties.

when this war is going very hard to do the analysis because the market is not irregular, the best step we take is to see and wait first what ahead of the future if the situation improves we can enter the market as soon as possible

[metribitcoin]

Yes the big dump of crypto make many newcomer loss their money in big money, and they scared to jump in to crypto more, that why many people out from crypto and this make total marketcap of crypto decreased up to 50%. On january a few month ago the total market cap more than $ 700 Billion, but now decreased to $380 Bn, so that mean alot of people out from cypto and withdraw their money in to fiat that finally make all crypto also down. But compare with stock market, crypto just very small market , can be by regulated crypto and other good news, its will make more demand.

[MonsterBlazer]

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!

Probably most will be more careful, and few consider it an opportunity.

[bitcon]

Yes maybe it will but I will suggest all not to panic. The prices were pretty much and it has reached the level of $10k. Now a little dump should not scare people away. I want all to remain positive and hope for the best.

Those ones, which know for sure that this is not even the dump but something very usual, will be left. I am sure, professional traders and investors know how to find pros even in the situation when the cryptos are down.

[arthotdog]

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!

And how great you are that you've seen this?keep your heads up budz seems like you think being genius may help improves profits here?thats wrong

For how many years this is the same scenario but did the value of the coins drops yearly?or the other way around?stop bullying the market your not helping lol