bloody market

[Crypto_lion]

I don't think it has only to do with the uniswap airdrop. But also the stock markets of various countries are down after having a pretty good run during the last couple of months .

[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.

That particular connections may no longer affecting the market, for sure there are lots of investors who gained huge who are
cashing out now, they will sell and wait with the market condition and  just rinse back and repeat the same patterns from time to time,
With good knowledge even from this red market they still find reasons to earned.

And again as the market came into healthy recovery, those investors who took their profits are starting to buy back. Bitcoin goes back to $10,707 after a few days of slow move and low prices.
Maybe this weekend is different, we'll see bitcoin with green charts instead of the bloods. That is better than looking at the reds of the market which is kinda annoying when I look into it.

[MadeMen]

I really don't think Uniswap airdrop had a lot to do with the dump across several altcoin. Yes, some persons may have dumped the uni tokens and cashed out of the market, but that's a little as compared to the market capitalisation. I personally believe that the dump on Bitcoin must have contributed to the drop in value of several altcoin and this has made the drop in value look a bit universal.

[lienfaye]

I think it's because of bitcoin. We always see that if bitcoins value are dropping the altcoins are also moving downward but i think we don't need to get worried about that ,instead let us take this red market as an opportunity to buy more coins which we think has a bright future. Every red market for me is an opportunity.

Bitcoin influence the price of altcoins and following its movement. But if btc is declining one of the certain reason is some investors are selling.

I agree dont mind if the market is declining because if you're holding a good coin it will surely bounce back in time. So fill your bags everytime there's a correction.

[Ronaldcoin2017]

It is sometimes happen to the market we can really experience a bloody market anytime, it is because of the people that selling a high amount of altcoin or bitcoin.
But for me i can really say that the bloody market is a good time to invest or buy more good altcoin and hold or if you are already a holder then you dont need to worry because if the coin you are holding is good then it may rise up high someday.

[xOdiumNostrumx]

Every crypto veteran is used of these kind of sudden price movements, but it still hurts a bit to witness it over and over again, I am not gonna lie. If you are here for the long run, you should learn how not to be phased when those fluctuations happen as this will relieve your stress levels and you will consequentially survive in this space for much longer.

[vermigerous]

I don't think any bad reason for red market, perhaps it is the good way of taking a advantage to buy more top coins or altcoins in it's lowest price for future investments. I also think that it's not UNI airdrop that causes the red market. Altcoins fluctuates and thefactor could be bitcoin. Because when bitcoin pumps, severql altcoins pulled by it, and when drops also decreases.

[3meek]

Yes, I know a lot of people who bought " perspective" coins in 2018-2019 and in the end were left in a loss!So it is better to buy the coins on the bull market and not to forget to sell them so as not to hold them for years!

[Francis Freeman]

Every crypto veteran is used of these kind of sudden price movements, but it still hurts a bit to witness it over and over again, I am not gonna lie. If you are here for the long run, you should learn how not to be phased when those fluctuations happen as this will relieve your stress levels and you will consequentially survive in this space for much longer.

yeah it does. The  up and down cycles are part of the market and I have got used to it. AFter all we are still in the game when bitcoin went from 20k to 4k . I hope that its part of chance to load up more in the projects you believe in for the long term.

[lousie9]

Whenever you can buy ethereum as long as you have sufficient capital, I personally would not hesitate to add ethereum to invest in the long term, I believe this project will bring big profits in the future. and also have to believe that this is just a market correction, sooner or later the market will recover soon.

[Xembin]

I guess this is the right time to purchase altcoin in the market because the price of the market has reduce which any moment from now those who purchase their coins in low price they will start smiling for the change of the market.
Those bitcoin  and ethereum i hold for a long time which i purchase in a low price one year ago, i just sold them last three month when i discover the price has go up in the market.

[gwapoinside2]

I think what is happening in the market is normal if you look at how it behaves in the past. I also have a hunch that we will be catching up with the CME up soon and then after that , the bull market will start. Just like the previous bullrun. In my case, it is time for me to accumulate coins during this market dip. Buy while most crypto are cheap and get big gains later on.

[drlukacs]

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 ??

This has nothing to do with the whole market being corrected. We grew too strong from February until now, now is the time for the market to correct for a short time.
In addition, it is quite risky to buy ETH now. It's just that the general economy is pretty bad, I'm afraid that disease will flare up for a second time and then the financial markets will definitely collapse completely, it will be very difficult to know what the future is. I just advise you not to all in. Only invest with money that you can afford to lose without affecting your life.

[cryptoknightt]

I don't think so, it's more about correcting the money coming in to excess then selling it back and pulling the money out so that less money is left that's what causes the market volatility.
Of course, the middle class will panic seeing this situation and join in selling, making prices fall and stable downward, we just need to wait for the money to come back in.

[sayam]

Uniswap Airdrop alone is not responsible for this state of the market. There are many reasons involved. This is the second time that Coronavirus has spread all over the world. Again, everyone is now trying to make a profit by joining the DeFi Party. Moreover, due to various rumors, the market may collapse, this could be a factor.

[jacafbiz]

Market correction was due in the DEFI space but to Uniswap airdrops extended the bull run, I believe anyone that has been in this space before 2018 should have understand how the market works, I have no doubt we are in a bull market but market do not move in straight line, there will be a chop and downs

[kavabanga07]

I'm trying to trade ltcusd but that's a nighmare.

Every line drawn is invalidated within few hours potentially... litecoin price just don't give a sht about the lines I guess. Wondering if it's even possible to trade with the TA litecoin... btcusd works just fine, but this coin... omg