Cryptocurrency Market Dip - Why You should not Panic

[Vangar]

There have been numerous instances that the cryptocurrency market experienced a dip in value. Bitcoin and altcoins both have felt the wave, with many putting short orders on their entire balances, further pushing the crypto industry down - for the moment. This is nothing new for a volatile market such as crypto.
There is no need for investors to make mistakes of others in the past by putting everything on the line due to their fears. Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time.
If you happen to be a beginner, reading this post, give our educational pages a read to get a better grip on crypto trading through this link https://www.cryptocointrade.com/education.

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[pawanjain]

The current market is not so worse when compared to the bearish market that took place in the beginning of the year.
The market is indeed volatile and the recent dump is not so big after all. Bigger dips has taken the crypto market by storm and I believe it provides a better stability to the coin. Bitcoin has been increasing slowly since the bottom and a minor correction was expected from it.

[reflector]

Most of the peoples are known it was a casual dip so I do not panic in any situation. But main reason is trading is the only way to make more earnings in this platform. So it was a big support in bearish trend and lot of day traders are make good earning in this dip. May be end of the year we expect some gradual raise in cryptocurrency and I hope all the panic investors are again participate in crypto investment.

[harizen]

~snipped~

With the majority of bearish action happened this year over bulls, does panic still dominates the emotion of a certain trader until now? Excluding newbies, I mean they should be used to this kind of dip. For an experienced trader, there should be no such thing as panic mode with the recent dip. And if the purpose is long term holding, then at most of the cases, this kind of dip should be ignored.

Anyways OP got me and now Im belong as one of the site visitor. 

[LeGaulois]

No Idea why people try to make it look like a drama for the market. There is no confirmed dip, it isn't like if the price was down to $5,000. People go fast to judge in a 24h period. 4.53% from the last day.
Fragile will start to jump on their trading account selling everything they owned. The golden rule is #HOLD as usual

[xuan87]

Yeah panic is not going to help and will cause more damage to your investment, slowly analyse the situation and do some research before start to do any action,this is the golden rules when when news coming out, falling price and volatility are common things in crypto because it's decentralized

[dunfida]

Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time.
If you happen to be a beginner, reading this post, give our educational pages a read to get a better grip on crypto trading through this link https://www.cryptocointrade.com/education.

This line might really be easy to say but wont really be easily conquered on a short period of time no matter how you do read up some guides. Experience will be the one to gradually ease this emotion
for you to become a good trader which is already aware on possible instances to be faced either on risk management and emotional problems ahead. Its not easy to say to be calm when you see
a declining price but due to your knowledge you can ease it somehow.

[Coin_trader]

Cryptocurrency Market Dip is a usual scenario, it is unusual for the beginners especially for those who just invested and then the dip came, is it really horrible to see that your portfolio decreases to 30 or 50%? It's a very fearful situation but if you are familiar with the trends history, it would not affect your trading strategy.

[Julunguul]

There have been numerous instances that the cryptocurrency market experienced a dip in value. Bitcoin and altcoins both have felt the wave, with many putting short orders on their entire balances, further pushing the crypto industry down - for the moment. This is nothing new for a volatile market such as crypto.
There is no need for investors to make mistakes of others in the past by putting everything on the line due to their fears. Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time.
If you happen to be a beginner, reading this post, give our educational pages a read to get a better grip on crypto trading through this link https://www.cryptocointrade.com/education.

however investors who just want to start cryptocurrency sometimes mistakenly choose the right steps to anticipate especially when the market is crashing, which also eventually will panic sell rather than just hold, which certainly does not know when the price will recover

[Jateng]

There have been numerous instances that the cryptocurrency market experienced a dip in value. Bitcoin and altcoins both have felt the wave, with many putting short orders on their entire balances, further pushing the crypto industry down - for the moment. This is nothing new for a volatile market such as crypto.
There is no need for investors to make mistakes of others in the past by putting everything on the line due to their fears. Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time.
If you happen to be a beginner, reading this post, give our educational pages a read to get a better grip on crypto trading through this link https://www.cryptocointrade.com/education.

We should not panic because everything will come to an end like this dump. Like for example the pumping time last year, it last right ? Maybe the crash takes a long time but can we just wait and do something better while waiting ? It is a normal thing to happen since crypto has no fix price so do not panic.

[omonuyak]

There have been numerous instances that the cryptocurrency market experienced a dip in value. Bitcoin and altcoins both have felt the wave, with many putting short orders on their entire balances, further pushing the crypto industry down - for the moment. This is nothing new for a volatile market such as crypto.
There is no need for investors to make mistakes of others in the past by putting everything on the line due to their fears. Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time.
If you happen to be a beginner, reading this post, give our educational pages a read to get a better grip on crypto trading through this link https://www.cryptocointrade.com/education.

This year the bearish market has stayed too long that has affected the way the whole thing behave.  I don't think in the years pass we have had this long bearish market.  I believe bitcoin is going to recover but we should not expect too much from the market as the overall price movement and volume has not shown serious bullish trend.

[Xardasim]

Volatility of the price is not just the upward movement so, the price movement is not always gained, sometimes declines must be. Already panicking doesn't give anyone anything, and you'll lose by panicking.

[bitbunnny]

There are no signs that this is some alarm dip that would show some deeper and more serious issues on the market, so there is nothing to panic about. It's more regular correction that it's actualy aligned with the situation that's been more or less, through out this year, bearish market.
Still I expect some recovery and this might happen relatively soon, closer to the end of this year.

[LogitechMouse]

I don't see any market dip yet. For me, I don't panic now because I know how the market moves already.

I think the best thing to do now if you are not a good trader is to just hold what coins are you are holding and invest some money and buy coins for the long run. Newbies are the ones who are panicking right now. They are losing their money because they are relying on the news and not on the charts which is a big mistake to them.

[Pursuer]

one of the worst things that has been happening in the past couple of months that led to an even worst case of a bear market for the cryptocurrencies that has been going down is the fact that people have been encouraging each other to "have patience" and bag hold. that kind of mentality has led to a lot of bag holders who were in small loss at first but they decided to bag hold so their losses grew and some even reached 90% loss. eventually everyone wakes up from this kind of mistake and when they do the first thing they do is to panic sell which crashes the market further down. that is why we keep seeing these steps of dump in altcoins instead of a smooth dump to get it over with.

[Ararbermas]

Actually mate this situation of market is not new here in crypto world which is not a big deal to panick , especially if you know that the market still has tends to recover again. So much better to don't panic and keep holding ,avoid being greedy ,because there's no other solution to regain losses if not holding.  So be patient if there's a worse scenario happen because panicking can cause stress and etc, Bear in mind to always control your emotions.

[cryptorima]

Why you think we need to be panic on this situation? it is first time happening that crypto market crashing? This situation happened last year also every year we faced this problems. This year also market crashing and market will recover on this year like 2017. That's why I'm not afraid yet.

[Coin_trader]

You needed not to panic since it is crypto and crypto is a volatile currency, volatility is the cause of up and down of the price. If you already tested those currencies you are holding, you will treat every dip as an opportunity to accumulate more to be HODL for a greater profit once the price bounce back.

[ShadowBits]

There have been numerous instances that the cryptocurrency market experienced a dip in value. Bitcoin and altcoins both have felt the wave, with many putting short orders on their entire balances, further pushing the crypto industry down - for the moment. This is nothing new for a volatile market such as crypto.
There is no need for investors to make mistakes of others in the past by putting everything on the line due to their fears. Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time.
If you happen to be a beginner, reading this post, give our educational pages a read to get a better grip on crypto trading through this link https://www.cryptocointrade.com/education.

Sometimes you can't tell a person not to panic because if they see their hard earned money turned into ashes they will likely to panic. I recommend them to cut some losses if it is still small.

[emberbekas]

There have been numerous instances that the cryptocurrency market experienced a dip in value. Bitcoin and altcoins both have felt the wave, with many putting short orders on their entire balances, further pushing the crypto industry down - for the moment. This is nothing new for a volatile market such as crypto.
There is no need for investors to make mistakes of others in the past by putting everything on the line due to their fears. Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time.
If you happen to be a beginner, reading this post, give our educational pages a read to get a better grip on crypto trading through this link https://www.cryptocointrade.com/education.

Sometimes you can't tell a person not to panic because if they see their hard earned money turned into ashes they will likely to panic. I recommend them to cut some losses if it is still small.

Yes, the feeling of panic is sure to exist especially when our investment have been decreased in value drastically. That is why, it would be better if we only invest with money that we can hold for a long time. We must separate the money for daily needs and the money for investment.