Red crypto market today

[harapan]

The market decline was long overdue. Something had to stop those projects and shitcoins from doing 10x almost every day. Market was growing exponentially without any real correction in price so I kinda expected such a decline in market prices. Market correction are good for healthy bull market. I lost some money too to the dip because a  portion of my portfolio is stashed into various altcoins that have taken serious hits in the last weeks.

[warg2017]

The bear market has been creeping in for some time, and you have known nothing. Obviously it is downtrend now that is my opinion, you could sell all of your coins now and buy it back when the price is more lower.

[manggis97]

Bitcoin and altcoins felldown due to bad news from the Chinese government and statement of Elon Musk about Bitcoin mining. As long as Bitcoin stays above 30k, then it is a period of accumulation, and usually this happens over several months, after that the market will try to jump and continue to rise. Accumulation phase can be take for 3-4 months.

[alexforneus]

We will see it almost everyday until btc recovery

[southerngentuk]

To be honest I'm not too bothered by the losses in recent days either. 
Because basically, if you want to get a profit from an investment, it is very normal to accept losses.

[Bitcoinjheta]

Its the beginning of bearish market and for sure many coins out there have huge percentage of declining yet it is an advantage for making buys for the prospective coins. These strategies are intended only for short and medium trading as the market goes up and down movement.

[trauchot]

Most likely, a bearish trend has begun and we should not expect that the cryptocurrency market will begin to grow in the near future, since most likely a very long correction of the cryptocurrency market has begun, so we need to wait and hope that the correction will be not very long, but recently there has been a lot of negative news about cryptocurrency and therefore, I do not think that the cryptocurrency market will be able to grow soon, so for now I do not hope for the market to grow in the near future.

[semobo]

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

The market may turn out into green at any time but I don't expect the prices to reach the level of all-time high prices, so make yourself to face the bearish trend in the upcoming weeks, it may move in sideways for a while or even bounce back but the bearish trend is inevitable just like the bullish trend that is how the crypto works since it was created.

[danherbias07]

Good advice from you, and I must be very grateful for taking the time to have a warm discussion. I trade in several altcoins as well as BTC. To be honest I wasn't surprised in this atmosphere, because I thought it was very natural. For me as a trader it is well aware, because this is cryptocurrency. One of them is a rapid rise or fall in price. I choose to hold and remain patient. Thank you.

That's good, you already knew what you are doing so it won't shock you. I think the question next is when the bull run will be. This could test how long is your patience upon holding your Bitcoins and your altcoins.
Just remember, there are times it will dump again to an amount we won't expect. If I were you I would try to just look at the other side and ignore it.
History could be used here. From $20k, to $6k stabilizes a bit then dumped more at $3k. (Year 2017-2018)
So don't expect a pump yet after a big correction.

[masterrex]

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

IMHO, I think the crypto market is in transition already from "bullish to bearish" that's why if we compare the recent data from the first market crash in the previous week the slow recovery of the market today is a sign that the market is already entering the bearish phase like was happening in the past so I think many are already aware regarding this market situation so we better get ready for more bloodbath chart.

[BayAngelo]

The market is stable for me. the bearish situation is long expected. we have been enjoying the bull market since January. this is the way the market has been. the up and down. every financial market has its ups and down. bull and bearish period. we have enjoy the bull period, now is the bearish time. enjoy it while it last and make sure you load your bags.

[bitzizzix]

We should be aware that crypto asset trading is a high-risk activity and the price of crypto assets is very volatile, where prices can change significantly from time to time and a decrease or increase will inevitably occur unexpectedly.
It all depends on us to act and make decisions when the market is down or up and don't sell at a loss if you feel a loss because the market is red, HODL is the best choice or buy to grow it and hold it.

[JohnBitCo]

Bitcoin bearish market just start, and it will take down entire cryptocurrencies market. Full recovery from here practically difficult to happen and I have doubt it will take few years to recover. Actually, no one knows, since their too much FUD spreader. As a positive thinker I expect sideways movement and won't take long.

Bearish market is yet not confirmed and there are still hopes that bitcoin will recover from this situation. However it may take a month or so. There is no need to spread the negativity and create panic amount the holders. Fundamentally, bitcoin is more stronger than before. Its just a matter of time until this whales manipulation is over.

[Chato1977]

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

All are dropping and that Shitcoin of yours will not going to recover anytime soon.

best to sell them all and convert to other coins.

[Henrobakkara]

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

Two big issues that caused the market to turn red again. The first, that China will remove illegal crypto in its country, and the second Elon Musk will no longer use Bitcoin as a means of payment at the Tesla company. This issue can be right or wrong. However I do think that in some way the issue could affect the market price.

I think if China has not gone the way it did with their newly announced Ban on crypto again I don't think Elons tweet will continue to drop the price to the extent it went. Yes, Elon musk's tweet also contributed to the dip but Elon has also gone ahead to make another tweet about trying to get on the right side of Bitcoin. However, the market will continue to experience these dips whether FUD contributed or not but will definitely recover.  

[alan228]

The market decline was long overdue. Something had to stop those projects and shitcoins from doing 10x almost every day. Market was growing exponentially without any real correction in price so I kinda expected such a decline in market prices. Market correction are good for healthy bull market. I lost some money too to the dip because a  portion of my portfolio is stashed into various altcoins that have taken serious hits in the last weeks.

A lot of investors think that fall of the market is a good time to buy tokens for the best and most profitable price. But nobody knows how long this fall will last. The most important thing is that the project will continue to develop even when market falls. Here is a development plan of PolkaSyndicate https://polkasyndicate.medium.com/polkasyndicate-development-plans-b45e1b824239

[Shasha80]

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

All are dropping and that Shitcoin of yours will not going to recover anytime soon.

best to sell them all and convert to other coins.

With many FUDs circulating this month making crypto market dumps, one of which is the FUD carried out by Elon Musk and China. Therefore,
we have holding coins that we have, don't sell them at a loss, except for shitcoins, it should be sold immediately. Because if shitcoins dump,
there is a possibility that it will take a long time to recover, then it could also become deadcoins and we can't sell them. I agree with your
suggestion by selling all the shitcoins we have and buying coins that have good potential.

[indo1]

My friend has a relationship with the pope tells me since February that approaching June then there will be a pretty big correction that makes a lot of panic, now that it happens, I think the storm is not over yet, because a few weeks ago I saw the ema 20 penetrate from support means that now we enter a bearish market that does not know until when, currently there is no strong signal to be a bullish market

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

I also wish for a bullrun market, but the market doesn't run as our wishes. I think you can easily predict the next bear market. The next bear market time will be shorter than running time. The same situation will happen during the bullrun. The next Bullrun market will be longer than the last bullrun market.

Everyone wants the market to always go up, but cryptocurrencies have two-way ups and downs and move quickly, this is a natural thing and the mandatory nature of cryptocurrency. I believe that bitcoin has good development and growth, but instead of weighing it bitcoin will continue to rise, there must be a time when we face a bear market like today.

[moderator's note: consecutive posts merged]

[Cling18]

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

I also wish for a bullrun market, but the market doesn't run as our wishes. I think you can easily predict the next bear market. The next bear market time will be shorter than running time. The same situation will happen during the bullrun. The next Bullrun market will be longer than the last bullrun market.

The market is really unpredictable and no matter how we wish that the bull run would stay longer, the market still needs to be bearish at some point. However, we shouldn't panic during this kind of situation because a wise and smart trader and an investor could gain a profit no matter what the market situation is.

[Atang Sulaeman]

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

as long as you can hold on to your purchase price you will be safe, be patient for sure the price will go up again,
let go even though it has a little profit. the market will definitely go back up.