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

[SpectreSecurity]

I'm not scared because I believe blockchain is here to stay ,its actually facing one of its challenges presently, fake news ,good days will come again after all this red market we will surely see green market again but no one knows when ,I hope it happens sooner

I stand with you, my brother! There's a rainbow always after the rain.

[passwordnow]

What we need to do (crypto believers) is to not feed the FUD and negativity. We must not stop educating people about the future of Crypto! This is a good time to get people into crypto while it's cheap.

These people are keep on feeding these FUDs and negativity by replying through asking if these are okay and if these are going to affect the market negatively.

Let those people who are scared go away, this market isn't for weak hearts and hands.

[nicecrypto]

Yes it might scare the ones that really don't know nothing about crypto and also thought this was a way of getting rich quick. I personally don't get scared of situations or market position like this infact if I have more money, I am investing in the market cautiously though cos I know there is no way this market will remain where it's at now. I strongly believe the bulls will run again doesn't matter how late.

[shillerguy020]

Yes it might scare the ones that really don't know nothing about crypto and also thought this was a way of getting rich quick. I personally don't get scared of situations or market position like this infact if I have more money, I am investing in the market cautiously though cos I know there is no way this market will remain where it's at now. I strongly believe the bulls will run again doesn't matter how late.

Without a large number of new people, another strong growth of the crypto currency will not work, and how they will go here if they see such a frightening drop.

[Nggedebus]

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!

I think its already scare people, its proven by the more declining on it's price because many people doing a panic selling, cause they got affraid if they kept their coins, they will loose more.

[cramcram21]

For sure more people would quit because of it,
Most of them are the investors when the price is so high or at the ATH.

[idontcare]

A lot of people massively joined the cryptocurrency last year. They believed that the price will continue to rise, and now very disappointed and think how to repay the loans. A lot of ordinary people and investors stopped believing in cryptocurrency. This is a very cruel blow.

But through it there are those who have been dumped to take advantage of their failure, the actions that make crypto go down and possibly die (typically bitcoin). And this volatility has serious consequences, but I believe it will recover. Do not give up