What is happening with cryptocurrency ??

[VK.point]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

A lot need to be put in to recover this market as the market has gone down seriously. I find out that many are selling out of panic and Fear of losing more. I think we need to stop selling in other to be able to see pick in price.

Stop selling and survive, that's the right step. I agree with you. That's why I chose to vacation with my family to refresh the brain that has been in my mind these past few days. Thank you Idrisu, for your enthusiasm in this situation.

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[1Referee]

That's why I chose to vacation with my family to refresh the brain that has been in my mind these past few days.

Most people aren't that easily shifted from mindset with how they either invested more than what they can afford, or they invested with borrowed money. I hope that you don't fit in either of the aforementioned categories, which will significantly increases your chances to relocate your focus. Those who don't won't rest till they sold everything they have unfortunately.

Bull runs are great for those who bought in early on, but what people don't realize is that when traders cash out their profits at peak levels, there is a large group of people on the other side losing big time. Money doesn't miraculously fall out of the sky. It shifts from the dumb right into the pockets of the smart. It's not for nothing that in pretty much every market, +90% of the participants are losers. In other words, know that it's more likely to lose than to win.

[Slow death]

Actually what happened to the market and BTC now?

the price increases if have demand and decreases if there is no demand, then you look at the news and find out that banks X are closing accounts of people who buy cryptos or that country Z banned bitcoin, this reduces the demand and consequently the price falls.
 

then what about the Altcoin situation that also follows a graph that continues to decline.

Probably people are selling their altcoins to buy bitcoin because of September 30th. SEC will decide whether to approve or not approve the ETF

I think I have to stay calm for a while and spend time with my family at home.

good decision

[haroldtee]

This is the trend caused by ICO. A large number of ICO projects use ETH to convert cash, causing ETH to drop rapidly, and the coins attached to ETH have also dropped!

ICO does not have any part to play to this. There will always be inflow and outflow of money in the market based on demand and supply. If ETH is dropping rapidly, It is simply just because investors still deem it fit to want to cash out. It is just a trend of the market where the bears are shininf and it is not only affecting a single market but the whole market, so putting it on ICO sounds a bit out of it for me.

[tepakpak]

Things that I think are common in markets that rise and fall because of the nature of crypto fluctuate. Facing this situation must be patient, focus on finding funds. something like this I think is a good opportunity to invest.

[kateycoin]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

It's a best way you can do calm and spend your time to your family instead of panicking that can contribute to drops in the market. So calm and relax your self because bear market is not for long time it will change.

[pitiflin]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

No one knows exactly,and that's a fucked up thing about the crypto market. Some claim its because of ETH rewards going down, some claim its because of Goldman Sachs cancelling their crypto desk shit something,and the real reason could be totally something else.

Halloween is around the corner, so prepare for that,maybe. Because fuck crypto,and people.

[sakrosak]

bitcoin prices have experienced a very drastic price decline this year, but this does not rule out the possibility the price will rise higher at the end of the year.

[coinplus]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

Well, last xmas bitcoin was at $20k, and we know nothing can always go up. So it was the time for the market adjustments, and that's what is happening right now, it's only market adjustments who can take even more than a year... If you see everything falling is because all the altcoins have their price based in bitcoin, so, lets say, if 1 BTC = $20k and 1 ETH = 0.1 BTC, that mean 1 ETH = $2k, but if bitcoin goes down to $10k now 1 ETH will be $1k, but at the same time will be the same 0.1 BTC. With this we can see how the bitcoin crash affect all the altcoins. And some alts have the double crash, the crash from BTC and the crash for the own coin.

Yes. This is just a part of the story as there will always be other part. The same way we had the bullish trend last year and everyone was shouting moon, it is the same way we are having a retracement at the moment and most people are shouting death.

This kind of mindset is the reason why a lot of people always end up joining FOMO in the long run when they should be taking advantage of the dip instead. I know it could be a lot to take in for someone who simply bought at the peak, but at the same time, there is nothing anyone can do now than to be patient and if possible buy more at the dips.

[el kaka22]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.

If only people can realize that nothing lasts for long and there will always a two sides to the coin, then they will understand that this is just a phase and nothing else. As long as you understand that as a person, you will be able to live well with yourself, focus on the future and come back when that time comes to see yourself not being filled with worries. People are focusing so much on the short term that the lose out on the vision of the long term in the whole equation.

I know it could be a lot to take in for someone who simply bought at the peak, but at the same time, there is nothing anyone can do now than to be patient and if possible buy more at the dips.

Being patience and watching out the market calmly are the things I do suggest everyone when they do hesitate to buy at dips. We must understand that nothing big negatively happening with this market then we can stay positive and calm.

[prtty2gal2]

That's why I chose to vacation with my family to refresh the brain that has been in my mind these past few days.

Most people aren't that easily shifted from mindset with how they either invested more than what they can afford, or they invested with borrowed money. I hope that you don't fit in either of the aforementioned categories, which will significantly increases your chances to relocate your focus. Those who don't won't rest till they sold everything they have unfortunately.

Bull runs are great for those who bought in early on, but what people don't realize is that when traders cash out their profits at peak levels, there is a large group of people on the other side losing big time. Money doesn't miraculously fall out of the sky. It shifts from the dumb right into the pockets of the smart. It's not for nothing that in pretty much every market, +90% of the participants are losers. In other words, know that it's more likely to lose than to win.

I think that it is enough now and the upcoming days will enter us into a change market where the price will start to increase and may cross its previous highest record value. I am waiting for that time and am too excited to see and sell out in that situation. The Bitcoin’s value has started to increase in value today as compared to its yesterday’s value it has improved by 300 US dollar price today which is a good sign.

[South Park]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

Nothing is really happening right now, what we are seeing is nothing more but the consequences of the big growth that we had in the last year, but people love to ignore that fact, they also love to ignore that no market can go up indefinitely and at some point the price needs to go down, and that is what we're seeing right now, this is only a phase and like any phase this is going to eventually pass.

[adzino]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

Just compare the price with last years price (before the sudden price rise). You will see we are actually quite high in value compared to the price which was back in two years ago. The price went up and then fell down (which we call the correction stage) which is quite natural because the price can not keep on going in the same direction forever. Eventually it will have to rise or fall. Just be patient.

[Nyak put]

I think maybe Many altcoins still have room to fall further. Distracting yourself from the carnage is good if you want to HODL. The problem is that many people hold and hold for a long time, then finally give in and sell near the bottom. If that sounds like you, you might want to sell and wait for a real market reversal.

[EdenHazard]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

You have got a wise answer, stay calm and give a time to your family.

You can expect the price of bitcoin to reach $20,000, $50,000 or even $100,000 it's up to you, but you also have to have other solutions so you don't do stupid things. And you have to think that the price of bitcoin may decrease more than this, it can even reach $ 1000 because every trader will experience saturation so they decide to go out temporarily and make prices drop dramatically.

Cryptocurrency is very promising to be used as an investment place, but it can also be a place that is not recommended for investment. Your mindset must be rotated, when you have to stay with your investment and when you have to go out temporarily then clean the negative brain that you have so that when you return you have a good prediction.

[El duderino_]

^
just noticed that NAME you got there

BEST PLAYER EVER .........

[tepakpak]

bitcoin prices have experienced a very drastic price decline this year, but this does not rule out the possibility the price will rise higher at the end of the year.

Yes, we will see prices like last year and even higher at the end of this year, we can see the end of the year from the previous year that happened. Be patient will not betray our results.

[lol1yatme]

bitcoin prices have experienced a very drastic price decline this year, but this does not rule out the possibility the price will rise higher at the end of the year.

Yes, we will see prices like last year and even higher at the end of this year, we can see the end of the year from the previous year that happened. Be patient will not betray our results.

No one knows future, if you are taking the current year the same as last year then you are wrong because market price and conditions keep on changing for Bitcoin. The market conditions this time may not be the same as that of last year so you must be thinking neutral and just wait to see the price movement in the upcoming future days then you would be able to do something according to that condition.

[beerlover]

Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 

You have got a wise answer, stay calm and give a time to your family.

You can expect the price of bitcoin to reach $20,000, $50,000 or even $100,000 it's up to you, but you also have to have other solutions so you don't do stupid things. And you have to think that the price of bitcoin may decrease more than this, it can even reach $ 1000 because every trader will experience saturation so they decide to go out temporarily and make prices drop dramatically.

Cryptocurrency is very promising to be used as an investment place, but it can also be a place that is not recommended for investment. Your mindset must be rotated, when you have to stay with your investment and when you have to go out temporarily then clean the negative brain that you have so that when you return you have a good prediction.

That was a wise answer indeed. As long as you are not selling at loss and you believe in what you are investing in for the long run, I really do not think anyone should end up being fearful when it comes to the market, and should be able to take advantage of every opportunity, either it is buying the dips, knowing where to sell the market craze and then at the end of the day, if you are an investor, just being patient to wait for the best in the long run, because certainly it would come.

I think maybe Many altcoins still have room to fall further. Distracting yourself from the carnage is good if you want to HODL. The problem is that many people hold and hold for a long time, then finally give in and sell near the bottom. If that sounds like you, you might want to sell and wait for a real market reversal.

They could fall further in the long term, but in the short term, I only see them giving some good push. Normally, like the OP even after everything, it is always better to just stay calm, focus on the future, look at the better side of things, spend time with family and you would be surprised at how far you have gone before you even know it. People who are always in a haste to make money are the ones who always find it hard when it comes to staying calm in anything and that backfires a lot for them.

[wxa7115]

That's the solution and answer to your questions, you have relax with your family for now and don't think about what's happening currently with the market.

Altcoin markets are slaves of bitcoin so if it goes down then they have to follow the king.

I think this is the right thing to do if you're a long term holder, there is no point in watching your coins every single day because the bull market is not going to appear out of nowhere, it is going to take some time to form and when we finally begin to see that it's coming you'll have plenty of time to come back to the market and put all your attention to it.

In a way those that are long term holders should consider this period of time in which bitcoin is not moving much as a period in which they can stop worrying about what bitcoin is going to do, just concentrate on yourself, on getting more bitcoins and to get more knowledge so you can understand how the market of cryptocurrencies moves.