Red crypto market today

[irsada]

Luckily I sold most of my portfolio last April, although I also bought back at highs but nothing to be afraid of if we choose the right altcoins. maybe now the whales are trying to create a bear market but actually they are waiting for you to sell a valuable asset at a low value.

[Nalbo]

The funny thing is whenever bitcoin goes down, it pushes the alts further below and when it corrects back, it don't allow alts to gain as much. Hence, increasing the dominance in both movements. Bitcoin is nearly back to 32K but many alts are half of their price as last time bitcoin was in 32K. The bitcoin dominance has rose again to 47%.

[$anounimus$]

Luckily I sold most of my portfolio last April, although I also bought back at highs but nothing to be afraid of if we choose the right altcoins. maybe now the whales are trying to create a bear market but actually they are waiting for you to sell a valuable asset at a low value.

Yes, that seems to be a whale strategy that has been carried out in the past to get everyone to let go of valuable assets at a low price, and I'm still holding on so far so I have no intention of releasing it at a low price.

[coiner-88]

There is no significant news neither great nor awful that is the reason the cost can't arrive at the affirmation point for the pattern. I exchange a few altcoins just as BTC. To be straightforward I wasn't astounded in this air, since I thought it was normal. For me as a merchant it is very much aware, on the grounds that this is digital money. One of them is a fast ascent or fall in cost.

[Digital_Lord]

June month is also not good for bitcoin and all altcoins. Today BTC hits 29k$ and bounces back to 31k$. I think this is not a good sign for the crypto market. We can see still a big dump so we should be alert every time.

[speedy963]

You are not alone, my friend is experiencing a loss, all of you are experiencing it at this time.
Currently the market is being corrected maybe, when the market is correcting it's a sign of a healthy market. although there was some negative news such as those coming from China, USA and Elon's tweet that sent the market out of control. but I guess, we're used to this aren't we ?
rest assured the market will return to green and return to glory, it just takes time to wait for the right time

Most of the investors right now are in losses, even the veterans and technical analyzers weren't exempted. And yes, indeed it is pretty healthy to see a correction as huge as this since most of the pumps that happened were due to sudden hype. But putting that aside, 2013 and 2017 have had similar percentage movements like the ones we experienced right now. Which just shows how good we are now for take off. I have already taken back positions when the price went below 30k and I am pretty happy with my decision.

-My only advice to everyone on bearish times is to look at the bigger picture, when doubt and fear is taking over, zoom out a little from the graphs and see how far bitcoin has already gone from its past years. good luck to you and everyone. TO THE MOON!!!

[Garsipop]

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

As practice shows, after the market falls, its growth comes, so it is very important to develop the project during the market fall, although it is quite difficult to do this, since the popularity of the market is falling.

With a falling market, it is much more difficult to develop a project, as many people are disappointed in cryptocurrencies, but if investors see that the project is developing, then confidence in it increases.

[geegaw]

You are not alone, my friend is experiencing a loss, all of you are experiencing it at this time.
Currently the market is being corrected maybe, when the market is correcting it's a sign of a healthy market. although there was some negative news such as those coming from China, USA and Elon's tweet that sent the market out of control. but I guess, we're used to this aren't we ?
rest assured the market will return to green and return to glory, it just takes time to wait for the right time

Even though we say our emotions seep into loss stories early on, we're still bewildered because it no longer stops at the original loss levels, we follow the growth of the market and the accompanying losses will also be proportional to that desire, I guess our feelings will be very bad and only sighs and shakes of the head will be left. The picture of glory has become so illusory, even though we keep climbing the stairs and moving forward but the steps of the stairs are multiplying so many times and I haven't seen the top and the opportunity

[Impala8_]

IMHO it's a good time to buy
today I decided to buy CRPT, Crypterium wallet is so dope so thats why I'm in
+ no fees for their token

crypterium.com/crpt

[Twinkledoe]

You are not alone, my friend is experiencing a loss, all of you are experiencing it at this time.
Currently the market is being corrected maybe, when the market is correcting it's a sign of a healthy market. although there was some negative news such as those coming from China, USA and Elon's tweet that sent the market out of control. but I guess, we're used to this aren't we ?
rest assured the market will return to green and return to glory, it just takes time to wait for the right time

Even though we say our emotions seep into loss stories early on, we're still bewildered because it no longer stops at the original loss levels, we follow the growth of the market and the accompanying losses will also be proportional to that desire, I guess our feelings will be very bad and only sighs and shakes of the head will be left. The picture of glory has become so illusory, even though we keep climbing the stairs and moving forward but the steps of the stairs are multiplying so many times and I haven't seen the top and the opportunity

Or maybe, treat this as an opportunity to buy valuable coins like BTC, ETH or BNB. For those who are waiting for the market to go down, now it is the time to accumulate good coins. Or are you still saying to yourself that it is not the time to buy alts with promising future? If you can afford to invest, this is the moment that a lot of people are looking forward to. To buy worthwhile projects at a cheaper price. Now, it is up to you how you will take advantage of this seemingly bearish market.

[iTradeChips]

I also lost quite a lot and I think the holders who have held back since April have experienced a min of more than 50%, but even this June the market conditions are not looking good, so maybe the market will improve in Q3 and towards the end of the year.

Many might have tried to exit the market by selling their shares and assets and expect a loss in their revenue. But the ones who were at the very top, also the ones who support Bitcoin and Cryptocurrency, have nothing to lose. We are not selling and we still continue with pushing forward even if the period is bearish right now. We just have to trust Bitcoin and trust that it will bounce back by the end of the year. This is a test of our patience and resolve.

[perfect999]

Or maybe, treat this as an opportunity to buy valuable coins like BTC, ETH or BNB. For those who are waiting for the market to go down, now it is the time to accumulate good coins. Or are you still saying to yourself that it is not the time to buy alts with promising future? If you can afford to invest, this is the moment that a lot of people are looking forward to. To buy worthwhile projects at a cheaper price. Now, it is up to you how you will take advantage of this seemingly bearish market.

The predicament of this type of market is that there are a lot of people like me who doesn't have any extra cash to spare for purchasing some more. I do agree with you 100% that this is a discounted price and if I had any money I would buy here as well, and if I had any money left and if the price went down even more I would buy there too, I would not stop buying bitcoin until I have enough money to just retire and that is the dream.

However many of us bought already, thankfully for me I bought all my coins under 10k mainly, I did buy as high as over 50k as well but not so much, most of my money was when it was under 10k, and now my average is still around 10k even with all the purchases after that, so I am lucky, but that doesn't change the fact that I could have made a lot more profit if I sold over 60k, which means I still believe in bitcoin but do not feel particularly happy about keeping it right now and not selling it when I could have.

[Fatunad]

I also lost quite a lot and I think the holders who have held back since April have experienced a min of more than 50%, but even this June the market conditions are not looking good, so maybe the market will improve in Q3 and towards the end of the year.

Many might have tried to exit the market by selling their shares and assets and expect a loss in their revenue. But the ones who were at the very top, also the ones who support Bitcoin and Cryptocurrency, have nothing to lose. We are not selling and we still continue with pushing forward even if the period is bearish right now. We just have to trust Bitcoin and trust that it will bounce back by the end of the year. This is a test of our patience and resolve.

Not all would really be having that kind of level of patience and trust into their investment and that's why whenever there are movements like this they they do really tend to panic without even realizing that bear market or corrections or red situation like these are just really common because it cant really be called a market if it wasn't having a time to go down which it would be simply shows off on being manipulative which it isn't good at all. So you should get used to it because there are
time where people do really need to take profit and there are times where shaking off weak hands before on having a bull run.

[shogun47]

Another day with a lot of huge red candles, but somehow Bitcoin bounced back a little again. I don't know if the bounce is just temporary or if it is substantial resistance that we can deem to be a good sign. DOGE has suffered massive losses, even more than many of the other top market cap coins. Ethereum also suffered a little more than Bitcoin, but is stable for the moment as well. I find it so difficult to make any conclusions from these movements now. A few say it is a great opportunity, others say don't catch a falling knife. I personally think it is no falling knife and Bitcoin has a strong support base, but that doesn't mean it could crash further. It definitely can.

[NicNacCoin]

After publishing china governments Bitcoin ban news , than after bitcoin price strongly dumping 40k to 29k and all cryptocurrencies market showing its red signal. But now bitcoin again touched $32k which means bitcoin could again Chance to hit high price....

[Coroline]

Another day with a lot of huge red candles, but somehow Bitcoin bounced back a little again. I don't know if the bounce is just temporary or if it is substantial resistance that we can deem to be a good sign. DOGE has suffered massive losses, even more than many of the other top market cap coins. Ethereum also suffered a little more than Bitcoin, but is stable for the moment as well. I find it so difficult to make any conclusions from these movements now. A few say it is a great opportunity, others say don't catch a falling knife. I personally think it is no falling knife and Bitcoin has a strong support base, but that doesn't mean it could crash further. It definitely can.

Today and the next few weeks are indeed days that are so confusing and dilemmatic. It is difficult to see movements based on trading techniques, as the market is more influenced by sentiment towards bitcoin and altcoins. We believe that bitcoin is very strong and will not fall any deeper, but the movement that is so hard to read due to sentiments from the government or even figures makes a lot of losses. Hopefully it will rise and stabilize soon

[cryp24x]

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 could say that we are in stage of bearish up to the present, almost all coins so far remain in red level in the market.
Due to the price of Bitcoin is not that good at the moment where obviously most of the altcoins also remained in bad condition
in terms of their price value to any exchange site platform.

[nowlscor18]

many negative issues make the crypto price decrease. I read the news that several countries such as China and Iran prohibit mining. this is what affects the market is not excited. I advise you not to sell cheap (if you have bought top coins) hold it, wait for the market to recover then sell

Yes, Bulls cannot handle the momentum yet. I think they still want to get lower and have some sort of corrections so that we can prepare, all can prepare for the next stage of bullrun. I don't believe that its already finished. We need this correction to surpass the current all time high. Hold and add some good tokens in our bags is the best thing to do right now.

Yes, I agree, there are many negative issues that lead the crypto market became red. I think they made some corrections for the prices of crypto coins that lead to a lot of changes in crypto market. Prepare downfall, and expect lower prices in the other days until this red days becomes finished and be back to normal. I suggest to hold your coins and add good tokens because it is the best thing to do right now.

[southerngentuk]

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 could say that we are in stage of bearish up to the present, almost all coins so far remain in red level in the market.
Due to the price of Bitcoin is not that good at the moment where obviously most of the altcoins also remained in bad condition
in terms of their price value to any exchange site platform.

I agree with you on this, the market is falling, but in my opinion as well as everyone's opinion it could rise again at any time in the near future. I think the market is depending on the direction of BTC, and I think next time it will recover to the fake $45K -50K level and then there will be a long drop.

[sammy21]

If we take a closer look, the red market is currently happening because of the turmoil and negative issues that befell BTC, when BTC goes down all alts also go down, meaning that a conclusion can be drawn that the market will rise again if BTC prices stabilize and will make people people are starting to look at altcoins again, because right now the market focus is on BTC.