bloody market

[lebregone]

You need to familiarize this kind of situation in order to profit as it is how the market works, sometimes the market will be green and sometimes it will be bloody one.

I can't see that the reason behind the bloody market was from the airdrops. The lower the price the higher the chance that you can profit and as you see the market is a little
bit bloody right now so it is very safe to buy Ethereum at this price especially if you know how to wait or you have patience in waiting for the bull season to occur.

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[Lorokan]

By now, i suppose everyone of us is supposed to have understood duly how the crypto currency market works. For every bull run there must be a corresponding price correction. So any time the market is bearish, i think it is wrong to attribute it to certain tokens or market.

One notable thing i realised is that DeFi tokens are not bullish on the long term (atleast to certain extents); a drop in bitcoin price sent defi tokens into massive bear market.
None the less, the market will recover, always dyor.

[Pompa]

Up to now their are a decreasing of coin in the market we experienced those bloody market since the Bitcoin are in at negative situation. We are waiting for the situation that it will become stable soon.

[Yamifoud]

When we ascribe every dump in the market to some other altcoins action or dump it gets so distracting. Sushi exit scam was the first claim this September and very disappointed to read of UNI airdrop as another dump. September had always been a time for correction or pull back in previous years and the dump is also ascribe to something even when we had fewer altcoins. Maybe we should look for how to maximize the time.

And the best thing to do now is to keep calm, think positive as the market surely get back to an uptrend motion anytime soon. Because all these negativity and the declining sentiment are only a weak action that we need to make a deal, we are in this situation several times but look, in every drops there are correspond pumps next. What we should have to do now is to wait and let the market recovers.

[articlecity]

is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??

Only quick flippers and short term investors are worried about dumps.
When i invest i fully support the project and keep holding untill final product is ready and i see decent profit that is why you have to be very careful and selective before investing in a new project. While if you are holding btc or eth then you know you are in for longterm just do not panic and wait for the right time.

[Shasha80]

I don't think Uniswap airdrops are the cause of the bloody market, because the number of airdrops distributed is still too small
to cause the market to fall. Perhaps the main reason for the price correction that occurred in Bitcoin, which made some investors
panic a little, and moving their Bitcoin into stablecoins. If you want to invest in Ethereum you can buy it at the current price,
because the price of Ethereum is already at a pretty low price. After all investing in Ethereum is very safe, because it is the best
altcoin until now.

[forexandcryptoauditor]

Not at large but to some extent I think it has created selling pressure in the market which droves everything down. But seems its temporary and no major impact we will see down the line. Let's hope the market again starts and will head towards previous highs.

[Wapfika]

Up to now their are a decreasing of coin in the market we experienced those bloody market since the Bitcoin are in at negative situation. We are waiting for the situation that it will become stable soon.

It needs some correction, that's how it works. The price isnt that low yet and might not be too low unlike when the 1st lockdown of many country happens, even the market becomes bloody almost all old top coins are still able to cope up in the market, it's normal to experience that and it will be much better if will be able to buy some of it,or fill our baskets, so when price increase we will be able to earn from it.

[btc_angela]

Anyhow, we have recovered from the bloody market, and I think it is an exaggeration though. It's just a normal dump because of probably uniswap bounties. Those who got it will obviously dump and liquidate and I'm sure it will go back to the altcoin market again as in less than 24 hours, we are back in green again. So no need to get nervous or make things complicated and analysis the movement, as I have said, just like a normal day for crypto traders as it is very unstable.

[Kotone]

is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??

I dont think we should put the blame on uniswap airdrop. We can assume that it got affected due to the stocks market going down and of course some investors are panic selling that crypto market would also falled down like thr stocks. But the price of every coin like btc started to recover.

[ballerin and giroud]

The uniswap token price called UNI is decreasing as well, it means there is no relation between the decreasing price right now and DeFi project. Even I'm sure that the Defi project can help crypto currency being known by most people in the future. This event is really different with the privious crypto currency event like IEO and ICO that many says the Defi project could fail like ICO.

[Zazzu]

It should have happened, sooner or later, this market spacially Defi tokens have raised up so much, some of them are just a bubble!
I'm glad bitcoin could hold 10,000$ support, some of the altcoins like Dia got rekt though,we should wait to see when the market would be stable to do trading again.

[Mpamaegbu]

I think people sell their bitcoin and altcoin to join in the defi party because I think they will make a lot of money from the defi.

Obviously, this isn't in a anyway a close reason to that effect because even the popular DeFi project YFI is also down. For me, I think the cause is simply a correction of the market. The way the market surged a few weeks ago it became a source of concern (for me though) that a crash was imminent. That's practically what we're witnessing now and it's the only way to build up Support on the Technical. There should be something to sustain the rise otherwise the crash will be so huge that the market could go further down and flat like it did in 2018. This is a minor crash. I expect the market to be up in a few days' time. However, there is another crash to expect in Dec as investors will expectedly pull out their profits.

But seems its temporary and no major impact we will see down the line. Let's hope the market again starts and will head towards previous highs.

Of course, expectedly the market will soon head north. This won't be the crash that will cause a market Armageddon 😏

[lienfaye]

is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

We dont know the real reason behind the price decline because there are instances that can affect the market. Though it is possible that some investors are switching to defi projects because thats the trend currently.

will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??

The market will recover but its not certain for how long we're going to wait. Since eth decreased a bit I think it will be fine to take advantage the situation and buy if you believe in this coin.

[aarif123]

I think UNISWAP airdrop is not the reason for red market there are multiple things which determines crypto market and in my opinion this is not the right time to buy ethereum because as we can see market is red it can go down side in coming days as gold is decreasing I think it will directly effects to bitcoin and when bitcoin will decrease all the cryptocurrency will also decrease so wait for that moment

[Anonylz]

Nobody really knows why the market is falling, many people just making up different reasons, some say it is as a result of the second phase of covid-19, some people are blaming uni and uniswap, but I just believe this is the correction time after the recent price pump, this is nothing new, soon the market will recover again.

[ampu]

UNISWAP cannot be the cause of the market crash. Other markets such as foreign exchange, stocks, gold are all devalued this time, and Bitcoin is no exception. UNISWAP is just a small part of the market and UNI is listed on many exchanges and it is highly liquid with many currency pairs, not just Bitcoin.

I also agree to that, it's not because of this airdrops but it's just a timing for them while everything is down by now.

The market not only crypto but also the stocks are in bloodbath it's too risky to buy if you don't have much deeper understanding with the
current situation, you'll be finding yourself being trapped, wait and observe if you are planning to buy in and hold for both long and short term
plans.

The market is currently being sold off after the price increases in previous months. This may also be a profit-taking move before the US election. In the long run, everyone knows Bitcoin, good stocks, gold will continue to grow, but the most important thing is the timing of buying and selling. Only the right action is profitable.

[escalante28]

Most are expecting that it will be bull run already, but just an upset expectation because as we can see now the market is getting so bloody. If we look at the Bitcoin history in trading there's a CME gap at 9665$ if I'm not mistaken and that gap needs to be filled so no wonder instead of Bitcoin price will go up it still going dump. But let see how it goes this coming week if Bitcoin will fill the gap or will goes pump before. The bloody market has nothing to do with UNISWAP.

If I am not mistaken, the bitcoin market is at the bear trend for almost 2 weeks, but this time, bitcoin shows good moves by having a green candle.
We can hope that the green candle will stay at the market, and even the price can increase to the next higher price.
Hopefully, everything will be changed to better the next week, and we can get back to make a profit after wait for some time.
If that happens, the altcoin position will be changed too, and the green candle will appear to the altcoin market.
Meanwhile, we need to be ready for the next thing that will happen.

Yeah, it's been two weeks now since Bitcoin is at the bear or low trend, but if we look at Bitcoin in long term it is still on the bullish trend. It's just that there's CME gap that needs to be fill also at 9665$ I'm just not quite sure if it will be done this time. And the bear trend that's happening now is I guess just part of some correction.

And yes, everybody is hoping that a reversal will happen this coming week, oh well I am hoping for this too. Let's see how it goes.

[tabas]

Nobody really knows why the market is falling, many people just making up different reasons, some say it is as a result of the second phase of covid-19, some people are blaming uni and uniswap, but I just believe this is the correction time after the recent price pump, this is nothing new, soon the market will recover again.

We may not know the real reason but we can speculate some thoughts coming from the most trending projects and investments that shares a lot of liquidity to the market.
I don't think that there's any relation anymore of the market dump with covid-19. We're afar from that reason and possible connection.

[J1mb0]

is it safe to buy ethereum at this price.. ?? or I wait ??

No one can give the exact answer for you, if people know what will happen they will definitely become a millionaire.
Do your own research and be accountable for your decisions.