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Author Topic: So, Crypto Market ALL RED Again!!  (Read 22531 times)
ThachSanhTp
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July 31, 2018, 04:29:33 PM
 #1

Today All Crypto market get RED again!
I dont know why, may be nobody knows. What is going on people?!!

All top 10 coins decrease around 5%. ETH traded at $430, BTC at $7700.
I think ETH may continue dumping while BTC will stop dumping at $73xx then great again.
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jwplayer0
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July 31, 2018, 05:02:17 PM
 #2

Yes, the market has been hanging out for too long. When large funds enter the game, then the market should go up.

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July 31, 2018, 05:07:25 PM
 #3

5% for crypto - it's not a crash. It's just noise. This is a smooth swing motion. There is nothing wrong with them. the market is dilapidated. Before inhaling, he needs to exhale.

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July 31, 2018, 05:10:57 PM
 #4

Its hard to pinpoint any reason anymore, like clutching at unnecessary straws. Just accept the volatility and believe in the upward swing.
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July 31, 2018, 05:15:18 PM
 #5

It is irrational to think that the market is red just because it had a small drop, it is more likely that the market requires a better base to build the bull runs of this year.

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July 31, 2018, 05:18:50 PM
 #6

The current cryptocurrency market is going down due to the too much negative news. The SEC's ban on Bitcoin has made the exchange rate fall sharply in the past. I expect that there will be no appreciation of the exchange rate in 2018. So that you should invest for long-term by buying BTC and ETH.
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July 31, 2018, 05:27:06 PM
 #7

I think many people are disappointed in the cryptocurrencies, I don't know is that the trading bot or the big holder dump the coins, I have found that when the market is red today, then the next day will rise around 5-10%, after that the people will dump it again and the market will all red, price will drop more in next time, that crazy and no one want to invest in the crypto, it will crash in the future.

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July 31, 2018, 05:34:09 PM
 #8

Today All Crypto market get RED again!
I dont know why, may be nobody knows. What is going on people?!!

All top 10 coins decrease around 5%. ETH traded at $430, BTC at $7700.
I think ETH may continue dumping while BTC will stop dumping at $73xx then great again.


the best thing right now is to not to lose the hope. i am holding some alts which are more than 90% in loss when i bought them i will not say that i am not worried about my losses but i don't know why i am so much positive for the crypto future that some day market will again hit 800 billion marketcap

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July 31, 2018, 05:36:51 PM
 #9

Unfortunately we are having hard days... Old projects are started delivering, new money is coming but what is the reason?

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July 31, 2018, 05:39:40 PM
 #10

It is irrational to think that the market is red just because it had a small drop, it is more likely that the market requires a better base to build the bull runs of this year.

Actually things are much more different than what it was all these years as we did not had most of the altcoina all these years and less negativity but this year crypto currency has been targeted by a large number of regulators and bankers but let's not worry about it as crypto is the future and it will triumph at the end.

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July 31, 2018, 05:41:48 PM
 #11

Today All Crypto market get RED again!
I dont know why, may be nobody knows. What is going on people?!!

All top 10 coins decrease around 5%. ETH traded at $430, BTC at $7700.
I think ETH may continue dumping while BTC will stop dumping at $73xx then great again.

It's been frustrating since the market had been so down since the first quarter of the year. I guess it is just normal since the market price of cryptocurrency sky rocketed last  year, so I guess this is the effect of price correction. We just need to be more patient because it might take years for crypto to have another bull run.

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July 31, 2018, 05:43:34 PM
 #12

Wow, isn't that strange? I mean there are only two ways, to be red or green, but until next year we just might see bitcoin below 5000$ or even less, but probably not.

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July 31, 2018, 05:44:06 PM
 #13

Everyone thought that now only growth, everyone thought that you can already safely invest in almost any coin. But as the market shows us, slowly, but surely, they start to spin on money. Again waiting, again sitting and not pulling everything that we need to stay.

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July 31, 2018, 05:45:11 PM
 #14

From my little technical analysis of the market situation, we are already in the overbought area at the current bitcoin price. So market is just correcting.
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July 31, 2018, 05:46:08 PM
 #15

Today All Crypto market get RED again!
I dont know why, may be nobody knows. What is going on people?!!

All top 10 coins decrease around 5%. ETH traded at $430, BTC at $7700.
I think ETH may continue dumping while BTC will stop dumping at $73xx then great again.

I am sick of ti lately. Altcoins are plunging whatever bitcoin does, if it goes up they go down because people are expecting etf decision so they dump them for btc, if bitcoin goes down they follow. It is a lose lose situation lately
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July 31, 2018, 05:50:50 PM
 #16

Market its just correcting, nothing to worry about. This is a daily normal cycle for trading market. Of course the ETF rejection of btc is the main factor and some people with weak hand is just too afraid to held btc and convert it into usd. Just hope this is not a major decline of the market
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July 31, 2018, 06:08:10 PM
 #17

I think that at the moment there is a correction after the last growth! This is normal for the market! I hope that soon the growth will begin! Must come a lot of money, but quickly they probably will not enter!

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July 31, 2018, 08:24:13 PM
 #18

Today All Crypto market get RED again!
I dont know why, may be nobody knows. What is going on people?!!

All top 10 coins decrease around 5%. ETH traded at $430, BTC at $7700.
I think ETH may continue dumping while BTC will stop dumping at $73xx then great again.
Nothing is going on, if we were talking about the stock market people will be freaking out if we saw that kind of decrease in the price of stocks, but in bitcoin a 5% movement does not even require a justification, that is just the way the market moves and the sooner you get used to it the better.

You need to develop a very thick skin if you want to become a trader or an investor in this market because even a movement of 10% in a few hours is not rare and it has happened in the past and still it is perfectly normal, I only look for reasons for a decrease in the price if the decrease is bigger than 20%, if it is smaller than that then most of the time you will not find a direct reason of why the price is moving the way it does.

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July 31, 2018, 08:38:38 PM
 #19

I still hope that we will see growth this year. The fact that the market is now red, perhaps it is another manipulation of the news. People who believe in crypto is becoming greater and the market will definitely grow.

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July 31, 2018, 08:41:08 PM
Last edit: September 20, 2018, 05:35:59 PM by carter34
 #20

A 5% deep should not be seen as if something very wrong has happened but market is resting on a hedge to bounce up, maybe this is what has happened. The red is not to be panicking on because it is usually going up and also down sometimes.
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