Crypto is weird

[Btcvilla]

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.

true, because that's part of the risk in every speculation you do. So, whatever your choice, you are responsible for yourself. that's why you need knowledge and experience to be able to adjust every situation and avoid big losses in case of correction or accident.

[Kasabus]

I can’t agree with this because some peoples are says crypto is weird. I think they are short time investor. Because price fluctuation is a common character for this market. It also occurs with stock market.

Honestly I thin they said that crypto is weird because even in themselves they dont know how to manage.And especially in crypto because its offered a lot of effort and dedication so that you will know the exact process on it.

The volatility is what it makes weird, but for us who have been able to see it most of the time is always thinking it's just normal.
Like the recent dumps of price, maybe people will think that crypto is a bad investment because of the dump, but for us, we see it normal and it gives us an opportunity to invest at a cheap price.

[bizarro]

Yes, all the signs are saying the same.  We all anticipated the recovery and growth among all the prices, but yet, we are seeing the same. It can mean only one thing, that we have not reached to the bottom yet.

[everythingforsale]

"

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 can be like you're saying, but also consider, that we have no guarantee, that the market will go up, at all. We can only be hoping about that. But it is interesting, what are we going to do, if so?"

[Cryptodrees]

It is not.though crypto seems to be weird to many people or user's to be precise,because it is the special and a unique creation by Satoshi. The most weird and amazing things its price fluctuation which gives opportunity to earn good amount of money.And if there is no adequate knowledge is not acquired one is in the wrong place.

[flowerofsun12]

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

[zhineng2030]

Once the market enters the bull market, it will continue for a long time. Similarly, it will take a long time to enter the bear market. So you can't hurry. Just like you wait in the bull market, you need patience. You can rest assured if you buy in status.

[Fredomago]

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

Correct, most of those who invest here are those who wanted to gain profits, so each time they've seen opportunity they will grab it right away, basic principle inside trading industry, better to earned little than to lose, if you will just follow the trend and you also wanted to take some chances then keep following the rules, but if you are a believer and you are confident to wait then you will not look at it that way but another opportunity to buy more coins and keep it as an investment to grow in the future.

[UAE Seasider]

Deep Onion was a bit of a weird situation given that many of the people received their coins as airdrop rather than paying for them. I think it got caught in a bubble also around the turn of 2018 and rose to some pretty high levels then after that it was a gradual deflation as people realised that was the best time to take their profit. I received some of the airdrops on DEEP but overall I think I lost about 30% of the $1,100 I put into that project. Live and learn!

[iram1011]

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.

This is called panic selling and FOMO. People are not able to exclude emotions from trading. Usually when a price rises, people buy in FOMO (Fear Of Missing Out). When the price dumps, people sell out of panic. There is nothing wrong in buying during bullish period. But you need to time your buying and never buy at ATH. Similarly, there isn't anything wrong in selling during bear phase. But again panic sellers end up selling at all time low. Buy and sell can't be timed without a knowledge of Technical analysis and most of the traders here don't know much about TA.

[arthur305]

It happens a lot in the space. It has being a market downtime for all coins. I feel if you are in loss, just be patient because sooner there will be a rise in prices and you could gain back all loss.

[snowfu199]

I am not surprised to see people dump coins at lower prices.
Whatever the price is, it has good reasons to be worth that at that moment.
People lose confidence easily in crypto world.

[matico]

Cryptocurrency require another way of thinking! You can not use the thinking format of your average financially emasculated guy out there to participate in cryptocurrency activities There is obviously a paradigm shift in earning, trading and invest in this new form of finance!

[jennycarter32]

Was pretty obvious that deeponion would crash hard, wasn't much different to a ponzi with the airdrop.

[gemnuryu]

Ikr, it is peculiar. I additionally trust it was just the start. Good and bad times are a typical thing in crypto world. At one time we're over the slope and the other time we're definitely not. So in case we're sufficiently fortunate, at that point benefit it is yet in the event that things don't work out how we would have preferred to, either hodl or cut lose is the main way.

[iamMhew]

Weird because of pump a little bit then after a moment dump will follows, actually this is a very normal scenario in crypto currency,  as long as bitcoin doenst skyrocket yet, all altcoins remain at their current price or below. But when this bitcoin starts to move and skyrocket again,  altcoin should also pump.

[skylar]

Weird because of pump a little bit then after a moment dump will follows, actually this is a very normal scenario in crypto currency,  as long as bitcoin doenst skyrocket yet, all altcoins remain at their current price or below. But when this bitcoin starts to move and skyrocket again,  altcoin should also pump.

Feel like the last ATH price was full of manipulation for me, if some skyrocket come again than crazy dump will follow again right? It is better for cryptocurrency market to found it stability rather than just pump & dump scenarios.

[zero714309]

All think crypto weird but from the weird thing that people can find loopholes and get profit,the more a strange market more and more people looking for cracks. It is precisely when the market is just quiet and restrained will become boring even people decide to entry the market will think 100 times.

[jackmoon]

Encryption is very strange, you can not predict its trend and change. Only when it happens does you understand why it is so.

[tanvir232]

The whole market is red. But it is also true that DeepOnion is bleeding a bit more. I am also a DeepOnion investor.
However, there are 2 reasons for which DeepOnion is getting lower.
1. It was a free distribution and people who got a lot, are dumping without thinking a word.
2. There is another free distribution going on but they are requiring, the more= the more. The more you hold, the more you get. People who get from DeepOnion , they re selling and entering into Deeponion for much money.