What is going on in the market?

[clasifiedads]

Sometimes, in order for the market to experience a sharp rise, it first has to fall to a certain reasonable level and take of from there. The fall may look really worrying, but experts think it is a sign of good things that will follow suite. Moreover, the market was also designed to be volatile, so that people will have the chance to buy more.

I like it to be volatile because there is no range where people could purchase the coins and be okay with it the next day. There is a lot of coins that claim that they will have a stable price lol.

[johnethearn]

The cryptocurrency was always like this. The prices are always volatile and unstable. I'd recommend you to be patient and concentrate on long term investments.

[kma.deno]

I think market is going well. But its true sometimes price fluctuation is occurring but i think it's a natural thing for this market. Don't worry about this.

[rahimali]

This crypto market is always variable and here the price of the coins varies always based on investment and selling rate. But few days happen that the price of the bitcoin go low and other like ETH increases but not like btc price because btc still in the 1st place but last few days btc recovering their price and they are trying to recover like previous session. Day by day many coins are creating by developer some are scam and some have less value.

[danbitcoin1]

Don't think you can really predict it, bitcoin has low fees now and there's been a lot of good news but the price has been dumping, was at it's ATH when transaction fees were through the roof.

[baby25]

It is normal in the market so stay relax. Everything will be stable on its time. You can buy some tokens which has a really good future while the price is still low then hold it maybe till December

[newuser20]

For about a month the market has grown and strengthened with minimal corrections, so it is worth investing in those coins that strengthen it.

[asmoday]

This fall before the huge growth, soon bitcoin continues his rally, and after it and the whole market. So get ready and hold on tight!

[sandialoveth]

To be wise investors of this market, you will need a lot of patient and courage otherwise you will not be able to be in the market. Such thing is common here. There is nothing incorrectly going ahead in the market at this moment. What we see is an appearance of the flimsiness and unpredictability of the digital currency advertise. Who knows, there can be a period when the market will be less unpredictable and after that we can without much of a stretch gauge the future costs of these coins.

[blockman]

I really have no idea on what's happening.

But I think there's a relation to this one.

https://www.ccn.com/bitcoin-gold-hit-by-double-spend-attack-exchanges-lose-millions/

https://www.bleepingcomputer.com/news/security/hacker-makes-over-18-million-in-double-spend-attack-on-bitcoin-gold-network/

What you think guys?

Yes, it could be one factor but there are 2 main factors that I really think contributes to the recent downtrend:

The U.S Department of Justice has reportedly launched a criminal investigation into cryptocurrency traders who may have manipulated the market using old-school illicit tactics.

According to a report by Bloomberg on Thursday, citing anonymous sources familiar with the probe, the investigation is being conducted together with the Commodity and Futures Trading Commission (CFTC).

One area of the investigation targets so-called spoofing - a technique that has been used in traditional financial markets to affect price movements by making large volumes of fake orders - that possibly influenced trades of bitcoin and ether, according to the report

https://www.coindesk.com/us-department-of-justice-cftc-probe-crypto-market-manipulation-report/

and

The joint crackdown that will go by the name of Cryptosweep will see over 40 U.S. and Canadian regulators united with the common goal of ridding the cryptocurrency industry of fraudulent initial coin offerings (ICOs) and cryptocurrency investment opportunities.

https://www.newsbtc.com/2018/05/21/us-and-canadian-securities-regulators-unite-for-operation-cryptosweep/

This news is somewhat very damaging to the market as it involves USA which we all know if a big market for crypto outside of big 3 in Asia (Japan, S. Korea and China).

Ouch! so these are the factors why we are on the bear market again.

It's hard to think of that it's only about the manipulators and whales so this can be bigger than them or I'm just elaborating them too much base on what I feel right now. The damage that was left was painful and I'm worried not about myself but for those newbies that are whining.

[kulsuma]

Sometime it happens and nothing abnormal. But market will come back. It is better to HODL till then and don’t get panic.

[Catch-22]

What is erratic to some people may be normal to most people who are considered veterans in the cryptocurrency market. I invested in the market knowing fully well what to expect that is why I am not concerned at all.

[eaglewhite80]

I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation?
Your suggestion would be highly appreciated.

Are you new to a market? It is a normal thing to see fluctuations 'here and there' as you called it in a market since it is more like an auction market with everyone bidding. Also, cryptocurrency market is a highly volatile market, so it is something you are just going to have to get used to. If you are a trader, I am sure you would not even be asking this question.

So, if you are an investor, just keep holding and if you have a chance to buy more if it goes lower, then you can. You should know better by now than letting the fluctuations in the market affect your emotion. The fact that the whole market is in a bear trend does not mean that is the trend they will be forever and vice versa.

[jamesmitchel018]

Crypto currency is a volatile project and the price keeps on fluctuating. So, if the price go too high or too low we should not bother about that. Rather hold your coins because crypto currency is for long term investment. Don't lose your patience.

[jakerfox]

Though the condition is not favourable but it is not abnormal too. The volatility is natural for crypto and we will have to accept it. So, don't lose hope and just stay focused. Good days are coming we just need to wait.

[ufalo3]

I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation?
Your suggestion would be highly appreciated.

You might be a beginner, am I right? Nothing strange - the market is waving. A couple of days will pass, and the situation will be changed. there is no need to worry or to be panic-stricken. Just hold your crypto.

[arvind82]

Market is going down in today's situation . This is the market of slump. Those who are going to invest till 4-5 days. They are observing which coin will go down suddenly. Then they will purchase this and after sometime when it will rise then there will be profit. The rate of coin depends on its supply also.

[MariaSerebrennikova]

On market until relative calm! Growth is not special!!! The fall is also not observed! I think that it is a good time to buy altcoins, because the market has slipped a little,and I think that in the future there will be growth!

[bastian466]

a very complicated market is hard to predict too much of a decline. Try thinking well Do not be afraid the price drops this opportunity to buy

[MASDAS87]

It is usual situation on crypto market because it is new comparing to other markets. If you don't know what to do, set up a long term strategy. Accumulate BTC and top alts and don't be panic seller.
If you a a trader, you can speculate for short term, but if you are a newbie, better hold your portfolio for long term

Yes, right it is normal situation and i think it is just panic sell  that's why market some down but it is not matter it will recover very soon. and everybody should hold there coin. an other thing is that crypto currency is a volatile so everybody should have Patience about this.