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Author Topic: The price plunged down today?  (Read 10266 times)
indoagung88 (OP)
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October 11, 2018, 08:13:39 AM
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What do you find with cryptocurrency at this time or in particular today. Please provide comments and feedback to respond. Do not panic !! Stay calm and relaxed.

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October 11, 2018, 08:18:56 AM
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This is the same scenario I have seen being played out throughout the last seven or eight months to me nothing has actually changed. Bitcoin will rise for a few days then give back all of the gains in a few hours but it usually remains above $6,100 at all times.

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October 11, 2018, 08:27:06 AM
 #3

I have noticed a downward trend in almost all the coins. I see this to be a normal finding since that is what is happening so far this year. Bad year indeed for cryptocurrency. I hope the state of crypto market leaves it behind this year as we kick start to enter into a new year. Whiles hoping for this, I again hope that November and December will be good to crypto so that Christmas will be full of joy.

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October 11, 2018, 08:32:11 AM
 #4

What do you find with cryptocurrency at this time or in particular today. Please provide comments and feedback to respond. Do not panic !! Stay calm and relaxed.

I think that can be the last dump before long sideways or bull period. Because if we will look to triangle that last dump can be expected. So we saw that also.
That is easy. When people start to thinking bullish they are dumped. That is whales job. Also on the other hand you know about bitmex. and they need to do that
for rekt their shorter and longers.

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October 11, 2018, 08:41:03 AM
 #5

For the past few weeks the price has been very slow, making very slow moves. He fell quickly today. A lot of people think this is the end. Hopefully the price will now bounce from here.
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October 11, 2018, 08:43:28 AM
 #6

I seem to be used to such a downward trend, although I am also looking for reasons, but I think this trend is normal, you do not have to worry about the market will collapse!

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October 11, 2018, 08:58:41 AM
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Yesterday i was already mentally ready for this, probably people are tired and fix any small profit.

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October 11, 2018, 09:06:06 AM
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October 11, 2018, 09:09:26 AM
 #9

Staying relaxed doesn't have to panic. Today's global stock market plunges, and natural cryptocurrency is not immune, but I think long-term optimistic about cryptocurrency, I think it can be purchased now.
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October 11, 2018, 09:11:28 AM
 #10

What do you find with cryptocurrency at this time or in particular today. Please provide comments and feedback to respond. Do not panic !! Stay calm and relaxed.
I am very calm and I am ready to see price like 4400 dollar per BTC and 140 dollar for ETH, even though I have bought at a price of 6600 I am ready for this! My take profit stands at a price of 12500 dollar per BTC and I am looking at this with ease and no worries! So stay calmed and don't look in the short term price movement, if you are an investor you should know the rules the market brings you

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October 11, 2018, 09:15:50 AM
 #11

This is because those who play the market like forex on the Bitmex and Bitfinex exchanges like to destroy any profits and gains and then altcoin markets crash further down. No coin is left un dumped and everyone who is holding anything just gets destroyed. Unfortunately trading with leverage and Bitcoin futures have destroyed any hope of a real bullish market trend and I believe that 2017 was just lucky for some people and if you are not shorting and not part of any pump and dump group, you are lost forever holding worthless and more useless bags. I am beginning to give up hope now that my portfolio will ever have any value again.


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October 11, 2018, 09:17:53 AM
 #12

Even if bitcoin price plunge down today, later, or tomorrow, it will still go back to go up. What went down will eventually go up. Cryptocurrency market is still in bear mode but it will definitely be taking over by bull. There is nothing permanent so expect that bear market is not permanent. Just stay and HODL until the bull market arrived.
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October 11, 2018, 09:18:58 AM
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Used to market downtrend already, within couple of days market price will increase, market movement has been moving in this static chart for some week.
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October 11, 2018, 09:21:33 AM
 #14

The fall of the market is very long. After this, it is less and less believed that growth will occur. But I don’t want to sell my tokens, because according to the law, after a fall, growth will begin.
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October 11, 2018, 09:38:29 AM
 #15

I think there is nothing to be worry about for the recent little decline, the market has been behaving like that for some months now and I think the market is finding it difficult to breakout .

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October 11, 2018, 09:44:20 AM
 #16

What do you find with cryptocurrency at this time or in particular today. Please provide comments and feedback to respond. Do not panic !! Stay calm and relaxed.

most of cryptocurrencies are red now,,
but, if you believe in crypto, you don't have to worries about this my friend
i believe next year crypto market will have a different story as this year,,
regards
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October 11, 2018, 09:53:13 AM
 #17

May be this is the journey to three thousand dollars predicted as support for bitcoin price this year. If it happens that bitcoin dump below five thousand dollars, I will take loan to start buying till it reaches 3k!

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October 11, 2018, 09:58:18 AM
 #18

Even if bitcoin price plunge down today, later, or tomorrow, it will still go back to go up. What went down will eventually go up. Cryptocurrency market is still in bear mode but it will definitely be taking over by bull. There is nothing permanent so expect that bear market is not permanent. Just stay and HODL until the bull market arrived.
[/quote

I agree that it will recover slowly but the way the coins are dropping is unbelievable. I was wondering it will pump in the last quarter but never expected it will go down. If this goes like this then investors will lose trust in cryptocurrency for sure. A bull run will give a boost to the investors let's see i hope it will recover in upcoming days.

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October 11, 2018, 10:00:04 AM
 #19

May be manipulating. But they will not succeed.
Price 6k around much visited, waiting for the big rise

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October 11, 2018, 10:02:05 AM
 #20

I read the news that today's decline was due to the large financial funds began to enter the market. It is good news, but prices must fall so that these funds begin to buy projects that they feel are potential
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