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Author Topic: The whole market is red, but is it worth panicking now?  (Read 28886 times)
Monosvalet (OP)
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October 12, 2018, 08:40:18 AM
 #1

The whole market is red, many altcoins are in the red.Should we panic?Many say that after the stock market fell and the crypt. Although the crypt is not connected with the stock market in any way, such rollbacks speak only about the ease of manipulation in the crypto market. In General, there are prerequisites for a quick return of positions.I think if you are planning to buy the crypt, it is probably reasonable to buy it for 30% of the Bank.What do You think about this?Share your opinion.
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October 12, 2018, 08:54:57 AM
 #2

Panic when all of the red zones are in the crypto is a regular thing, if we invest big into the coin this for fear of losing or suffered losses in large numbers. But if we can grasp and understand very well about the Graph chart and be able to read it's movement, this would help to reduce losses.
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October 12, 2018, 09:05:51 AM
 #3

The whole market is red, many altcoins are in the red.Should we panic?Many say that after the stock market fell and the crypt. Although the crypt is not connected with the stock market in any way, such rollbacks speak only about the ease of manipulation in the crypto market. In General, there are prerequisites for a quick return of positions.I think if you are planning to buy the crypt, it is probably reasonable to buy it for 30% of the Bank.What do You think about this?Share your opinion.

You should be used to this by now, I mean the market has been bearish for over 8 months now, but hasn't slipped to a depression yet, as we're not always permanently on red. There was a sharp decline in the stock market yesterday and the crypto market was affected too, so there's a definitely a connection somehow. I usually will buy when most people are selling and sell when most people are buying. This is how I've managed to stay afloat this season
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October 12, 2018, 11:37:47 AM
 #4

The whole market is red, many altcoins are in the red.Should we panic?Many say that after the stock market fell and the crypt. Although the crypt is not connected with the stock market in any way, such rollbacks speak only about the ease of manipulation in the crypto market. In General, there are prerequisites for a quick return of positions.I think if you are planning to buy the crypt, it is probably reasonable to buy it for 30% of the Bank.What do You think about this?Share your opinion.
I think we should not panic, but we need to be on the alert. For Bitcoin, there are big chances to see $ 5500 with a possible target at $ 4800-5000, but we’ll see this at the $ 5500 boundaries. Altcoins follow Bitcoin.

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October 12, 2018, 11:38:35 AM
 #5

If the market slump drastically last few days because of decline in stock exchange then probably crypto is connected to stop exchange in some ways... I don't think panicking over the market being red now is worth it because we've been having this for three quarters consecutively and we should be looking beyond what we are having in crypto right now,,,
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October 12, 2018, 11:40:59 AM
 #6

I would now start buying long-term cryptocurrency because it seems to me that there will be a growth in a few months which will pleasantly surprise us

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October 12, 2018, 04:15:42 PM
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 #7

Panic when all of the red zones are in the crypto is a regular thing, if we invest big into the coin this for fear of losing or suffered losses in large numbers. But if we can grasp and understand very well about the Graph chart and be able to read it's movement, this would help to reduce losses.
you are right, but not just by looking at the graphs we can regardless of the red zone, we also need the experience to be able to survive this situation, using the strategy, selling expensive when the price and buy when the price is cheap, this will make you a little is in the safe zone. In addition you must accustom yourself to not hit by panic selling, not reckless and downright notice where its position.

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October 12, 2018, 04:19:54 PM
 #8

The whole market is red, many altcoins are in the red.Should we panic?Many say that after the stock market fell and the crypt. Although the crypt is not connected with the stock market in any way, such rollbacks speak only about the ease of manipulation in the crypto market. In General, there are prerequisites for a quick return of positions.I think if you are planning to buy the crypt, it is probably reasonable to buy it for 30% of the Bank.What do You think about this?Share your opinion.
I think we should not panic, but we need to be on the alert. For Bitcoin, there are big chances to see $ 5500 with a possible target at $ 4800-5000, but we’ll see this at the $ 5500 boundaries. Altcoins follow Bitcoin.

Obviously, there's nothing to panic. I agree the market situation is not good. But holding coins is the safest option as of now. Else you will lose lose your money. Wait for your turn. God gives opportunity to everyone.
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October 12, 2018, 04:37:09 PM
 #9

If you are going to panic don't include me with that decision.

I'll never panic anymore with this type of market. I wouldn't sell at loss and that's not appropriate if you are a long term and bullish.
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October 12, 2018, 04:37:52 PM
 #10

Actually, the stock market and the crypto market are more interconnected than you would think.
True investors (not the average person who got caught up in fomo and bought $500 to $1000 in crypto) have a very diverse portfolio.
They will have real estate, stocks and bonds, precious metals and yes, crypto too.

The current dump and fall in prices is a direct result of a massive BCH dump that happened yesterday.
BCH has always been the favored coin of whales and institutional investors, much more than btc.
AFter the stock market crashed, then there was a massive dump of bch.
Logically, we can conclude that major investors lost a chunk of value in their stock portfolios and sold off bch to recoup losses.

You should use blockchain explorer sometime, the blockchain never lies and you get a real picture as to what is going on.

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October 12, 2018, 04:39:37 PM
 #11

There are many fluid analysts who predicts death everytime the crypto decreases in price and boom on every increase, they actually make the situations difficult. Crypto is still a new economic market and a fluctuation of upto 20% a day should be considered normal as its unregulated and the market works 24/7, it would have greater fluctuation than stocks.



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October 12, 2018, 04:40:03 PM
 #12

This year, for about 6-8 times this happened,and so I think what is the point to panic?so that still times will fall and goes on growth,at all panic always has embarrassed not in particularly good things,I more I'd say to the most the right things better to do carefully and not emotionally

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October 12, 2018, 04:40:58 PM
 #13

There is no need to panic, because everything goes as it was planned earlier, this period, when people are beginning to be tested very strongly, I think that maybe we can fall even lower than ever, because this is really a test.
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October 12, 2018, 04:42:35 PM
 #14

If anyone is getting panic because market is in red now shows that he or she is not used to the nature of crypto market.In crypto,it is expected that at one point in time,market will be in red.We just need to do more research to be able to maximize our profit and minimize our loss.
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October 12, 2018, 04:56:24 PM
 #15

About the fact that the market is all completely red, I don't agree.  I look at IDEX and see some altcoins that are in my portfolio, show small +, 0x is growing not the first day in a row, XYO too. Not so bad, but I'm waiting for the market turn, like many others-in November. We are waiting for news from China in the first place.

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October 12, 2018, 05:07:29 PM
 #16

No need to panic, this is not a new thing in cryptocurrency or OP are you just starting out in cryptocurrency investment? What we are seeing now is normal market fluctuation and shouldn't call for an alarm. Probably the market price changes of cryptos shouldn't have gone deeper but this same panic made more traders and investors to sell off.

Selling coins in hurry will lead investors to lose their hard earned money. Yes this is a normal price fluctuation in cryptocurrency as you it is common in trading. Holding coins in tough situation is the smart thing. I strongly believe the value of coins will increase in upcoming days.
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October 12, 2018, 05:10:48 PM
 #17

There is no need to panic, because everything goes as it was planned earlier, this period, when people are beginning to be tested very strongly, I think that maybe we can fall even lower than ever, because this is really a test.
How did you say everything is planned earlier, the current market is totally down so no one is said when it will going to forward in crypto market. I think market is recover again but we do not know the future pump so some peoples are panic in crypto market.

 
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October 12, 2018, 05:20:48 PM
 #18

It's never a good idea to panic, I know that seeing the huge correction was not easy especially for those that were already depressed about the current price of bitcoin but anyone that has been in this market for a very long time knows that this was just a temporary correction, right now the price is going up slightly and it is quite likely that it is going to recover to its previous levels in the next days.

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October 12, 2018, 05:27:23 PM
 #19

The whole market is red, many altcoins are in the red.Should we panic?Many say that after the stock market fell and the crypt. Although the crypt is not connected with the stock market in any way, such rollbacks speak only about the ease of manipulation in the crypto market. In General, there are prerequisites for a quick return of positions.I think if you are planning to buy the crypt, it is probably reasonable to buy it for 30% of the Bank.What do You think about this?Share your opinion.
You shouldn't panic, you should be happy. After all, the market is falling, so you can buy well and make money on growth. Look at the chart last year and imagine how much you would have earned
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October 12, 2018, 05:30:49 PM
 #20

Actually I think the red market is a chance, we can buy more coin with a cheaper price. I believe that the market will recover on a day, maybe in the end of this year or in the next year. Then we will have a big profit.
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