Panic? Where are the volumes?

[AAlex48]

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.

[3acaga]

If you are in a panic that you did not have time to transfer the cue ball to Fiat, now the price is very reasonable for other tokens and coins.
I change my cue ball to other coins and tokens and even earn a little by increasing the amount of my bitcoin.

[1Referee]

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.

[ralle14]

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 ?

[tenakha]

You should investigate the increase of volume. Probably you started to look after the price drop and still think it is the same. You should also consider the price drop so if you compare the price of the old 500k BTC with the current price maybe this is not enough for you, just try to calculate the difference with BTC.

[btc_angela]

You should investigate the increase of volume. Probably you started to look after the price drop and still think it is the same. You should also consider the price drop so if you compare the price of the old 500k BTC with the current price maybe this is not enough for you, just try to calculate the difference with BTC.

Yep, that's what the OP might be looking at. He/she probably looking at the correlation between the price and the volume itself. I think sellers and buyers will still be there, but I'm sure buyers are being offset by the volume of sellers that's why the price continue to plummet at this time. But no need to panic whatsoever, let it go down further so that we can snatch few cheap coins along the way.

[joeperry]

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.

Well I may also say for those investors who buy bitcoin or other cryptos few months back you should accept your losses and learn there are times tha you need to sell it at low price in order to avoid further losses of the value of your currencies. 

[alyssa85]

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.

It's a big movement because the volumes are small.... If volumes are large (if the market itself was large), it would take a lot of coins and a lot of money to move it.

[mwaqar17]

I think sellers are waiting for the right moment and that right moment is very near. Don't worry about the volume CMC volume is still 146b $ and it was 24B$ in last 24 hours. May be every trader is just waiting that when there will be a move I will start trading. Let's see and wait for that first trader. 

[Lakai01]

May be every trader is just waiting that when there will be a move I will start trading. Let's see and wait for that first trader. 

What moves are you waiting for? We had a massive move downwards the last 48h, plenty of chances to make a huge amount of money!

[St4yInTh3D4rk]

Most of the people were selling their bitcoin now to buy it back more cheaper and also to avoid further loss but now holding is the thing what we need to do to save ourself with the bitcoin or else the bitcoin prices will fall which is quite hard to recover after and everyone need to understand that this prices fall is man made due to increase the price of BCH and want to decrease the bitcoin's future.

[eminemcookie]

There's more volume over the last few days than in most of the days over the last few months. That's to be expected because a huge amount of coins need to change hands when there's a crash like this one. Everyone new the low volume and price stability over the previous months was leading up to something just most of us expected it to be a bullish movement.

[anume123]

So there's no volume ofcourse they sell it early and panic traders they selling it early so theres no much volume of their coin that will not profitable in their senses.

[BlackPanda]

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.

The panic that has happened is so severe, because of the decline in the price of Bitcoin which has exceeded 20 percent, the situation cannot be controlled. We can only see this situation and we may find it difficult to choose. The situation is so bad because it has created various panic feelings in various sectors. Bitcoin and ALtcoin are developing markets, but dumping has made a beautiful thing so bad !!!

[torry28]

but dumping has made a beautiful thing so bad !!!

Dumping is also a good thing. It's what all whales & bitcoin believers want because they can buy more at cheap price. Bitcoin price was stable around 6.2k - 6.5k for 2 months and some people even said the price was too boring, now when bitcoin price dropped more than 20% almost all people are hoping back it would bounce back to 6k.

[worldofcoins]

I'm tempted to think that this is a manoeuvre placed for a new wave of a bull run. I hope I'm right because otherwise with volumes or not the promise for a cryptEutopia will crumble away. Plus, people are being more safe and not selling but tethering which could explain the volume discrepancy.

[coinbirds]

I have observed just the opposite during  these days of market crash.
It has increased significantly as for BTC daily volume last months was around $4-5 billion and these days is around $7 billion.
We can say the same for ETH as it is almost $3 billion and it was half of it last week.
For me it says that beside panic selling many trading is involved as well and the market is active.

[Mpamaegbu]

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!

[guoyu78]

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.

You keep panicking and thinking everyone is doing the same with you and not knowing that there are smart people who have bought as much coins as they can afford at this moment and stored them in their wallet, waiting for the bull run to come. I wouldn’t advise you to keep your coins, if you want to sell them, you can go ahead and do that and whatever happens at last, you will only have yourself to blame.

Same as buying and keeping them, if you later profit from it you will also have yourself to thank. This is not the first time you will be seeing people talking about Hodling when the price is down, you’re just asking questions for no reason or haven’t read about Bitcoin? Although I’m not trying to say you should expect the same thing to repeat itself, but this one is clear.

[nicolas1979]

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.