manggis97
Member
Offline
Activity: 476
Merit: 10
|
|
June 05, 2018, 09:26:18 AM |
|
Because many trader take profit and sell their potition after bought in the bottom , as long market cap below $ 400 Bn i think the price of crypto will be consolidate around that price, and no good news yet that can make more new people and new money come in to crypto. Only by day trading that possible to make money in this situation of crypto market.
|
|
|
|
tysavbde
Newbie
Offline
Activity: 91
Merit: 0
|
|
June 05, 2018, 09:41:02 AM |
|
Maybe we will suffer even more, and the market will drop again today. Many people predict that June will be a green month, but the first day of this month is the red market, perhaps because there are a lot of profits to be sold and we need to wait.
|
|
|
|
Lykiayng
Newbie
Offline
Activity: 67
Merit: 0
|
|
June 05, 2018, 09:42:38 AM |
|
For an outside observer, the rise and fall of prices is always a random event as the fall of the number on the roulette.
|
|
|
|
MisterLangley
Member
Offline
Activity: 658
Merit: 10
|
|
June 05, 2018, 09:46:50 AM |
|
Regarding the bearish market that has started again, I know less. But I think it's natural to get back on it because it's something reasonable. For clearer reasons why re-active, I repeat that I do not know it.
|
|
|
|
Haunebu
|
|
June 05, 2018, 09:52:09 AM |
|
Does anyone know why the bearish market begins again and again in just a short interim?
I heard people talking that this latest recovery was just a bull trap, because there was no real volume following the rise in the price, meaning that the move will dry, and the bear market will resume. I don't think that will be the case, but we need to be prepared for any scenario because crypto trading is very unpredictable. I think we are just seeing normal consolidation, and as far as BTC goes, if we hold the $7k level we should be fine, and getting ready for another run up. We all know how altcoins follow BTC, so I'm expecting the same thing for alts. I agree with your opinion. Why do people question these dips in value even after knowing how sensitive and volatile this cryptocurrency market truly is? The market volatility will not be decreasing anytime soon which is why you must always be prepared to lose your money op. Every coin and token will not reside in the green zone all the time and the vice versa is also true in this case. HODLING is a better option when the market is bearish and avoid checking the values too much which would only cause more stress and anxiety and you might end up selling your coins at a loss.
|
|
|
|
pictsidhe
Member
Offline
Activity: 199
Merit: 10
|
|
June 05, 2018, 09:55:51 AM |
|
After a long time, the price was hit the green, that's why panic people are selling their coin. That's why the crypto market again turns red. Maybe this red time is for a limited time. We can see a good pump it is a month. June, July or August! These three months are perfect for the crypto market. History says that
|
|
|
|
The_prodigy
|
|
June 05, 2018, 09:56:33 AM |
|
Does anyone know why the bearish market begins again and again in just a short interim?
I heard people talking that this latest recovery was just a bull trap, because there was no real volume following the rise in the price, meaning that the move will dry, and the bear market will resume. I don't think that will be the case, but we need to be prepared for any scenario because crypto trading is very unpredictable. I think we are just seeing normal consolidation, and as far as BTC goes, if we hold the $7k level we should be fine, and getting ready for another run up. We all know how altcoins follow BTC, so I'm expecting the same thing for alts. I agree with your opinion. Why do people question these dips in value even after knowing how sensitive and volatile this cryptocurrency market truly is? The market volatility will not be decreasing anytime soon which is why you must always be prepared to lose your money op. Every coin and token will not reside in the green zone all the time and the vice versa is also true in this case. HODLING is a better option when the market is bearish and avoid checking the values too much which would only cause more stress and anxiety and you might end up selling your coins at a loss. I didn't know what the cause of dropping down of the cryptocurrency too. but it is a good topic, maybe I willget an update in this topic.so I hope that many people will read this and give their opinion why the market seems so falling down and down again. looking forward to it. thank you
|
|
|
|
Kunlejoe0
|
|
June 05, 2018, 09:59:49 AM |
|
For me, I do not see any particular reason or will give any reason for the upswing and downswing of prices and cryptocurrency at the market.I have got to point in cryptocurrency activities where these volatility has become the norms!
|
|
|
|
cctv0
Member
Offline
Activity: 344
Merit: 10
|
|
June 05, 2018, 10:23:24 AM |
|
I think that this time of decline was caused by panic selling. Many people are afraid that the market will experience long-term declines and they are anxious to sell the tokens in exchange for cash. This has caused the market to fall!
|
|
|
|
tng811
|
|
June 05, 2018, 10:26:40 AM |
|
Does anyone know why the bearish market begins again and again in just a short interim?
You can look at the market history and see the same pattern. I guess we will see something similar to 2014 period. It will need time to recover.
|
|
|
|
Ivandvanko
Newbie
Offline
Activity: 46
Merit: 0
|
|
June 05, 2018, 10:30:47 AM |
|
this is psychology to a greater extent. they play with our nerves, while we believe that everything is under control. such a policy in any business, and the crypto industry is a huge business. so now the altcoins and all the crypto-currencies in general fall, people are nervous and sell it, and knowledgeable people and companies buy them downstairs and sell at the top, when others will regret that they sold it too cheaply.
|
|
|
|
Pump N Dead
|
|
June 05, 2018, 03:48:56 PM |
|
Does anyone know why the bearish market begins again and again in just a short interim?
It is because of over bought last year. The market needs a correction and it will take some time to recover because cryptocurrency is a very volatile market. I suggest that you hold for a while but make sure that you are holding an altcoin with solid project and continuous development.
|
|
|
|
$Darkloard$
|
|
June 05, 2018, 09:49:06 PM |
|
Inexperienced crypto investors flooded the industry in 2017 in a panic drain their investments, the current situation in the crypto-currency market is typical for this time interval. The reasons for the fall are seasonal, fundamental factors. And all the hype created around today is nothing more than an attempt to skillfully manipulate the market and try to lower the price of Bitcoin as low as possible, in order to buy at a more favorable price before the upcoming jump.
|
|
|
|
|