This market is unhealthy? Maybe Not!

[BountyGram]

The market will probably be this way for some time now, just too many people got burnt with buying 20k Bitcoin and now normies won't throw any more fiat at cryptos. BTC cannot drop any lower for miners to make a profit from mining it, if it does then I don't really know what happens next (probs big market sell-offs, panic selling - nothing good).

Just don't throw any money at crypto before we really get somewhat lasting uptrend.

Yes agreed we must wait for the market recovery, Just have some patience and long wait for us to be able to regain and invest more on crypto, market is always been this way since the beginning. Bitcoin will not fall, If it does then so be it.

[Beet1e]

What caused such a wild decline? I am very sad to see this price on ETH (because it turns out I bought on upper 640+ ). And when I see the price in 490$ I'm sorry that I bought at the top, but happy for those who buy now))

[InfiniteGrim]

we see crash for a long time is really unexpected for this growing industry, people will get frustrated and FUD will be increased      

[waaat?]

What caused such a wild decline? I am very sad to see this price on ETH (because it turns out I bought on upper 640+ ). And when I see the price in 490$ I'm sorry that I bought at the top, but happy for those who buy now))

$640 is not a top I bought some ETH at $750. I'm sad about it. But for long-term I don't afraid. ETH will give me my profit. Maybe by ICO. Maybe ETH price growth. But I feel that market and whole cryptoworld must be changed. I don't know how. But it will be!

[belochoi]

The market is going to drop to $ 5,000 for bitcoin! but by the end of the year we are waiting for another roll! this time the rally will be even greater!

[Dervish doff]

a very interesting topic, I say little, this is what is called the trader's character, when prices fall, a trader loses his soul and does not want to do business in the world crypto, to treat it all with patience, and always update the news. for that in the business must be ready to face the risk, with the risk, we can be a lesson for the future.

[zerocashdev]

Now the market has not fallen very much, it's just a correction from the current market value, and it needs to be used and not to say that this is the end.

[jozymens7]

Cryptos if it will crash it wont be a long time. But I know good times will come in some days to come.

[parlerm]

I believe that bitcoin and Altcoin will recover back. If you have moneyvon it, I reccomend to hold for long time because I did't guarantee that it will recover soon. Maybe we need to wait 1-2 year for recover so i suggest to leave the market and wait.

[Udrujes]

That's why I'm afraid to participate in the long term. I try to invest only in short-term projects.

[saycryptohello]

I believe that bitcoin and Altcoin will recover back. If you have moneyvon it, I reccomend to hold for long time because I did't guarantee that it will recover soon. Maybe we need to wait 1-2 year for recover so i suggest to leave the market and wait.

in this market, it is difficult to say when it can make a turn, in my opinion, it is necessary to reach the level of $10.000

[Retro6]

Like all money markets there will be ups and downs. The worst thing you can do is panic sell which only serves to wipe more value off the market.
The fear i have, and the fear we should all have is from the globalists who don't want to relinquish the power they have because they control the wealth. Cryptocurrencies is literally placing the wealth with the people and this will cause the rich elite to act against the crypto world.
The best thing we can do according to John McAfee is to start actually using the coins we have rather than hodling for future returns.
I'm looking for projects with real world outcomes...bring on the revolution!

[Axetrd]

Do not panic, that's exactly what is "big daddies" are expecting from us. This is just a simply manipulation to buy our coins for cheap prices. Thats is what they are aim for. Do not let your emotions control you, it is a first rule of every investor. Just HODL your coins and you wouldn't regret about your decision.

[Hct2005]

You can say what you like but markets go down when there is no confidence!
If it crashes big time the media will make cryptos look worse than they already have!
Such is life!

Volatility of cryptocurrency is part of the cycle in this business. You can see green or red color everyday and there is nothing to worry because this is a normal thing in crypto. That is why you should have a nerve of steel to withstand this situation.

[netil]

All the disadvantages that the media reproach the crypto market can be safely attributed to any other. It's like that Tesla story. If a waterman got into an accident, Tesla broke his leg, then all the federal media will only talk about this. Next, any other car will break into the rattles, then this will be an ordinary incident. Also, this scheme works with the crypto market.

[pobeditelvezde]

It does not to be in a panic. Yeah, market is weak and in a red zone but it does not mean that the crypto industry will disappear. I am sure that falling of BTC will be stopped on the next powerful resistance level. Even right now I consider that the current    price of BTC is quite attarctive for buying for the investment purposes.
Experienced investors know that it need to find a good opportunities for buying when everybody around talks about the collapse.

[atop3478]

The market is really messed up. Prices continue to decline. Bitcoin continues to decline. I think this will continue because not at the critical point. Do not worry if it is at the point of criticism, Bitcoin definitely goes up again and the market returns to normal.

[oFFisovm]

As for me, this is quite a normal state of the market given the general trend over its entire existence.

[Bill205]

This market is unhealthy for the people who panic and sell their assets. The real players are the ones who research, do not panic on some moronic comments and have some patience. Whatever 'health' this market has is because of these people.

[patt0]

You can say what you like but markets go down when there is no confidence!
If it crashes big time the media will make cryptos look worse than they already have!
Such is life!

That is simply not ture. Canadian MJ also showed around 60% loss from it's last high. I had several weeks of total decline, with no real bounces, and those who did not have stop losses ended up losing a lot of money. After that normal period of consolidation, and once it hit the bottom, it started another period of great growth, and did not just recover from that 60% decline, but it also hit new all time highs. These cycles are perfectly normal, and I believe we will see a big growth in crypto once again.