Crypto is weird

[Vit83]

Now there are a lot of hype coins and tokens in crypto, the first time in crypto I bought everything on top and sold on the bottom) For hodling you should buy really good coin, and buy it in the bottom) After that it is really easier to hodl)

[ivlvov]

I've noticed this kind of behaviour also. People have bought in ICOs at those prices and then dumped the first time the coin hit a decentralized exchange (mostly happening on IDEX). That price at which they sold was lower even for 5x. Crazy things going on, I would never do that myself.

I also do not understand people who sell coins at such low prices, and I, too, never did that. I think such things are made by people who know little about the crypto market and want to return some of the money from what they have invested.

[nmax21]

When you look at the prices of cryptocurrencies you can see people have bought at really high prices. If you have bought $1000 worth of DeepOnion for example at the price of $19 then you would be left with $86.42 worth of DeepOnion right now. But even at these low prices right now you can still see lots of dumping going on. Logic would tell you to buy as much as you can at these low prices and hold for the next bullrun but the opposite is happening. There are some ups these days but it get's dumped very quickly. I believe we haven't seen the bottom yet.

I am sure that we have not yet seen the bottom, the market is very volatile, and before the next fall there may be a sharp increase, but such as in December 2017 will not be ...

[Geleve]

When you look at the prices of cryptocurrencies you can see people have bought at really high prices. If you have bought $1000 worth of DeepOnion for example at the price of $19 then you would be left with $86.42 worth of DeepOnion right now. But even at these low prices right now you can still see lots of dumping going on. Logic would tell you to buy as much as you can at these low prices and hold for the next bullrun but the opposite is happening. There are some ups these days but it get's dumped very quickly. I believe we haven't seen the bottom yet.

you are right. but nobody can now if we see the bottom or not. that bearish trend started in the beginning of this year and didnt end till now. all we can expect is it to be finish as soon as possible so we can start making some profits.

[iqlimasyadiqa]

When you look at the prices of cryptocurrencies you can see people have bought at really high prices. If you have bought $1000 worth of DeepOnion for example at the price of $19 then you would be left with $86.42 worth of DeepOnion right now. But even at these low prices right now you can still see lots of dumping going on. Logic would tell you to buy as much as you can at these low prices and hold for the next bullrun but the opposite is happening. There are some ups these days but it get's dumped very quickly. I believe we haven't seen the bottom yet.

it is the hallmark of crypto. there is always a price change at any time and it is very difficult to predict. crypto is very strange compared with investment and other assets in the world. but the one thing I love about it is that crypto offers us to succeed. utilizing the right conditions will greatly affect what we will get in the future.

[haroldtee]

Get used to it mate! There is nothing new about it as that is how the crypto space simply is and most especially for altcoin. See it like more investors exiting their position to at least make do with the little profit they have gotten and look for possible buy back as it keeps getting dumped or looking forward to when there is a possibility of a reversal.
Weird would not actually be the word to qualify what is happening since it is a market and stuffs like these are always bound to happen most especially in a decentralized market. Altcoins are the most volatile which is the reason why it is important not to be picking a falling knife. The market sentiment is generally bearish since the bears are somehow screaming out loud on bitcoin which somehow controls the market movement generally.

[frowsiter]

People react to different projects in completely different ways and no one can really predict about the real pump or real dump. The real that is natural one comes in when there is proper development of the project going on or at least there is investor base who thinks positive about it and keep investing into it all the time. This keep up the volume heavy everyday and thus when other people look at this scenario then they see natural up surge in it.

In your example exactly opposite might have happened, where most of the people saw that Deeponion is getting low volume or people are selling the coin like crazy. This has led to panic sells as usual and those who wants to get out of the scams will still keep dumping the coin no matter what happens.

[target]

People react to different projects in completely different ways and no one can really predict about the real pump or real dump. The real that is natural one comes in when there is proper development of the project going on or at least there is investor base who thinks positive about it and keep investing into it all the time. This keep up the volume heavy everyday and thus when other people look at this scenario then they see natural up surge in it.

In your example exactly opposite might have happened, where most of the people saw that Deeponion is getting low volume or people are selling the coin like crazy. This has led to panic sells as usual and those who wants to get out of the scams will still keep dumping the coin no matter what happens.

Not exactly. You may call deeponion a scam but that price always do what the market does. If people believe its a scam then surely the price will dip as low as it could. Its the normal thing in crypto, if the price goes up then that is because someone had bought the coin and if it fall then someone had sold theirs.

[kier010]

buy low sell is not easy as what others think. you will not know when will the price goes up and down. but you can always buy and hold and wait.

[kevinfox18]

These are fall in the rules of cryptocurrency. Crypto is weird from its establishment. Its not like that the dump is intentional but there might have got some serious issue with crypto currency like DeepOnion.

[rosezionjohn]

Yes, accumulate as much as you can aas long as you think it's a good coin/token.
Crypto is "weird" because not everyone had the same level of mindset when it comes to trading and hodling. There are more newbies that seasoned traders in the game.

[Aliya Taj]

I don't think the crypto world is weird, its just full of opportunists ready to pounce on ery chce they have to make money some people see good opportunities at an early stage, take advantage and buy the most at the cheapest prices then dump when they have made returns, i think its just a basic business rule, nothing so weird about it

[112tigra112]

 I just try to earn cryptocurrency, and by doing that, I am not so easily regretting, because of my zero investments

[siap86]

Perhaps the most phenomenal bull we know today is Bitcoin. But we must remember, in the past Bitcoin did not get it easily. It needs to be Altcoin first to form a larger community and form a constant increase. And we know the situation today is much different. So I think it's not weird if more Altcoin is currently in trouble, because the increase in the community is not worth the Altcoin growth.

[SHawk]

It might look weird especially to new investors of to people who are not patience because even in normal market, the price of goods fluctuate and same is applied to crypto because it is volatile but if you are patient and hold unto your coin in situations like this, you will make reasonable profit by the time you decide to sell because the market would have recovered and price of coin will rise.

[ShareAccepted]

It is a new and beautiful land of opportunity, that is not that weird, it is the same as with the old railroads and the internet ... it is weird because it is new and we don´t understand it fully.

[themistocleess]

The word weird is not suitable for crypto at all because that fluctuating market is the way the altcoin grandstand plays with the theorists so if you are not adequately canny to invest  in  low costs, you may twist up lose a lot of money.

[SindiRokRok]

It takes the same perception of the entire population of the community to blow up a coin, which does not happen on all coins, or at the same time. One of the variables is a technology or a team of developers, but maybe it should start with a bit of manipulation first.

[Todoroki]

It takes the same perception of the entire population of the community to blow up a coin, which does not happen on all coins, or at the same time. One of the variables is a technology or a team of developers, but maybe it should start with a bit of manipulation first.

Ups and downs are common in the crypto world. At one time we were at the top of the hill and at other times we did not. So if we are lucky enough, then fortunately but if things do not go the way we want, either hodl or lose is the only way, but I also believe it is just the beginning.

[Rexxxem]

Some good traders have been saying that it's almost impossible to catch the bottoms. Averaging down might be a very successful strategy.