Panic? Where are the volumes?

[BaraxLo]

Such a big movement and there are no volumes of large ....What can it say?
There are almost no sellers on the market.It remains to collect the crumbs.

Almost no sellers and volumes? Not sure what you are looking at, but it's probably not the crypto market. There is plenty of both right now.

Those who fomo'ed in last year are likely those who are driving the market down right now, because it's legit panic selling that we are seeing now, and not so much artificial selling pressure. Average joes aren't much on their own, but when they pool their efforts together they'll move every market without any problems.

Probably he is looking at the longer time frame which if you actually compare the weekly volume now to the weekly volume in February 2018 after the first major bounce, then one can pretty much say the volume is incomparable. However, looking at the short time frame, basically it is obvious the volume is there and the sellers are pretty much there as well, which is why the market has been dropping anyway.

At least, literally, any lay man should know that selling spree results to a red market, and buying spree results to an increase in value of the market. Volume is just basically one side to it all, but as long as the price is being driven down; volume no matter how small is always involved, which in this case, it is huge.

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[sana54210]

Maybe you should look deeply and get to see the volume on the charts related to the selling spree at the moment. If there are no sellers in the market, do you really think we will get to see the market going lower ?

Probably, you do not understand much about the market or how to study the charts, which is why I would not want to get you more confused right now, but to at least help you keep your head straight into what is right, the volume and the sellers are pretty much in the market.

[suzanne5223]

Such a big movement and there are no volumes of large ....What can it say?
There are almost no sellers on the market.It remains to collect the crumbs.

We all panic and cut loss is the right answer, no volume no profit we can get. Many trader/ investor fix their strategy by cut loss not easy for them but they don't have any reason to keep stay. There's no buy or hold anymore because every day the price goes down. Our asset doesn't have value anymore, don't complaint just leave the market.

Speaking of we all panic and cut loss to be the right answer which I want you to know that it all crypto currency traders that does that because this is not the first when this will happen to the crypto market and  only inexperience trader will cut losses since he/she invested into a good utility coins. However, this is not the right time to leave the market but seize the opportunity of buying dip.

[Cliarbikr]

At the moment I see only the positive side of the situation. We are finally close to the bottom, perhaps we will drop in price a little more, but after that recovery will follow

[wuvdoll]

We all panic and cut loss is the right answer, no volume no profit we can get. Many trader/ investor fix their strategy by cut loss not easy for them but they don't have any reason to keep stay. There's no buy or hold anymore because every day the price goes down. Our asset doesn't have value anymore, don't complaint just leave the market.

Leave the market and come back later to open another thread on how you failed to listen to people telling you to buy the dips and how you have missed it. I saw a couple of those threads even last year as a lot of people were getting FOMOlyzed. The problem with people is that they just do not listen, and they pretty much just doing the same thing they feel like over again, even after giving them a clue what they should be doing.

I remember these same people who are complaining now, being told last year, to wait for a correction and stop jumping into FOMO, but they keep telling you, you are trying to block them from getting wealthy. Now, you tell those same people to be accumulating the dips, they keep saying they cannot because they are scared and done with the market. I guess people will just never learn.

[el kaka22]

There's no need to panic that's how market really works, you should be happy as an investor for what you've looking at the market because this is a good opportunity in order to enter an investment in the cryptocurrency industry.

That is a hard saying and it's easier said than done, especially to the crypto newbies who only think the market is always there to be grabbed. Such losses as we see today is a part of the game. Welcome home all you panic sellers. Sell some more!

I believe it all depends on your first approach to the market even as a newbie, which is one of the things I believe for anyone who is smart enough, they should already have known even from historical movements that things like this are bound to happen for so many reasons with the whole bunch of it being that so many people are really just getting greedy and trying to see how they can make quick bucks.

Nevertheless, the question now is what is the way forward, knowing that if you get worried, you only do that for nothing as it solves nothing actually ? You have bought the peak, then, relax, if you have some little cash on you, buy more of the dips and be patient. Rome was not just built in a day.

[hermankoles]

when the crypto price drops seriously like now, there are not many choices made by the user, hokd, or selling a loss and saving it to fiat until the price improves. if you do have the option to 2 causing the market quiet, and volume decreased because investors prefer fiat rather than crypto. but I am still optimistic that crypto will grow even better so buying more now will benefit you in the future

[Malamok101]

There are coins that have no volume because they want to list their coin in good exchanges and have no 24hours volume so they keeping holding their coin.

[LeGaulois]

Looking at the coinmarketcap's global chart the volume did increase after the price drop.

3 days ago Bitcoin's trading volume is at $4 billion. Fast forward to today it's now at $8 billion with Bitcoin sitting at $4k that's nearly 2 million Bitcoins being traded and maybe more since coinmarketcap doesn't list every crypto exchange.

Last week Ethereum's volume was at $1.5 billion. Now it's at $3 billion.

What made you say there's no volume ?

It confirms people are selling their coins and leaving the market (at least partially). And pretty sure they will continue since I think Bitcoin can still lose a good 25-30%. The sad news is they will rebuy their coins later with an 80% increase lol.
People have always been doing this, I even remember when Coinbase couldn't handle all the traffic during a big change in the BTC price.

[Oceat]

Looking at the coinmarketcap's global chart the volume did increase after the price drop.

3 days ago Bitcoin's trading volume is at $4 billion. Fast forward to today it's now at $8 billion with Bitcoin sitting at $4k that's nearly 2 million Bitcoins being traded and maybe more since coinmarketcap doesn't list every crypto exchange.

Last week Ethereum's volume was at $1.5 billion. Now it's at $3 billion.

What made you say there's no volume ?

It confirms people are selling their coins and leaving the market (at least partially). And pretty sure they will continue since I think Bitcoin can still lose a good 25-30%. The sad news is they will rebuy their coins later with an 80% increase lol.
People have always been doing this, I even remember when Coinbase couldn't handle all the traffic during a big change in the BTC price.

What a waste and a dumb idea to sell low then buy high.
People should have known this since they were here before unless they just newbies who just happen to encounter it for the first time but that's not an excuse. They already know what is happening then they acted dumb again, what a waste. People tend to lose their temper when they keep looking at the market and suddenly can't control their emotion anymore.

[bisdak40]

Such a big movement and there are no volumes of large ....What can it say?
There are almost no sellers on the market.It remains to collect the crumbs.

What exchange are you looking at bud? Price won't drop if the supply is scarce and nobody is selling but as i can see it on big exchange, selling is greater than buying so this only means that many people are cashing out their crypto.

[Julunguul]

Such a big movement and there are no volumes of large ....What can it say?
There are almost no sellers on the market.It remains to collect the crumbs.

most likely you see this because the market does have a small volume or indeed, people are still trying to HOLD their crypto coins, so the order and also the volume seen on the market side looks very small. Evidence that people are still reluctant to sell and also begin to decline the interest in the coin

[pedangrusak]

I also saw the market becoming quiet after the price decline, traders chose to hold because I was sure they were losing a lot if they had to cutloss. we hope the crypto market will improve soon and the trading volume in the market will recover as before

[3la9l_kolbaCa]

Looking at the coinmarketcap's global chart the volume did increase after the price drop.

3 days ago Bitcoin's trading volume is at $4 billion. Fast forward to today it's now at $8 billion with Bitcoin sitting at $4k that's nearly 2 million Bitcoins being traded and maybe more since coinmarketcap doesn't list every crypto exchange.

Last week Ethereum's volume was at $1.5 billion. Now it's at $3 billion.

What made you say there's no volume ?

It confirms people are selling their coins and leaving the market (at least partially). And pretty sure they will continue since I think Bitcoin can still lose a good 25-30%. The sad news is they will rebuy their coins later with an 80% increase lol.
People have always been doing this, I even remember when Coinbase couldn't handle all the traffic during a big change in the BTC price.

What a waste and a dumb idea to sell low then buy high.
People should have known this since they were here before unless they just newbies who just happen to encounter it for the first time but that's not an excuse. They already know what is happening then they acted dumb again, what a waste. People tend to lose their temper when they keep looking at the market and suddenly can't control their emotion anymore.

Panic cannot be controlled, but as long as new traders vome volume will eventually rise and rise again. Just stay focus and don't ever lose hope the brighter tommorow is coming and going to provide us hope. Controlling emotions can be done through courage and perseverance, so always stay positive and be confident.

[shinharu10282016]

The thing is that there is a considerable volume of both selling and buying of bitcoin and other cryptos right now, remember it still considered the Black Friday weekend. There is volume. We can't say there's no volume when the disparity in the price change is largely noticeable.

[The Seller]

I think this is due to the many investors and traders who have begun to refrain from doing activities and prefer to wait, because we know the market is not friendly.

[iged_war]

I think this is due to the many investors and traders who have begun to refrain from doing activities and prefer to wait, because we know the market is not friendly.

they prefer to withdraw their money into fiat, and wait till market stable and friendly again.when it comes with some trigger , i am sure all cryptocurrency price soar again.

[BlueStackz]

Such a big movement and there are no volumes of large ....What can it say?
There are almost no sellers on the market.It remains to collect the crumbs.

We all panic and cut loss is the right answer, no volume no profit we can get. Many trader/ investor fix their strategy by cut loss not easy for them but they don't have any reason to keep stay. There's no buy or hold anymore because every day the price goes down. Our asset doesn't have value anymore, don't complaint just leave the market.

Volume is even worse right now. People are afraid to get into bitcoin right now, even people who wants to sell and get out are afraid of the price going back up and correct itself one day and the people who hold are afraid the price will go down even further and no one really wants to buy bitcoin unless they are huge whales.

The volume being so low brings a lot of troubles with it because when a rich whale like Craig decides to sell all their coins the market collapses a lot faster because of the low volume.

When the volume is 25 billion dollars and someone throws in 500 million dollar worth of bitcoin nothing really happens because thats daily change in the volume but when it is 2 billion dollars like right now it kills all the possible moves and makes it go down in lightning speed.

[tranthiky]

It is a robot programmed automatically on a trading platform. It automatically sells and buys coins that we think are real sellers. In addition, the psychology of investors are panic when the red market led to the sale of large amounts of bitcoin to exchange into fiat.

[Aivaryamal]

Don't panic, guys, the volume will be necessary, sometimes you need just wait because everything comes to those who in time knows how to wait!