Crypto dip today

[swiftxi]

10 days later, still dippin

[liqidoxgen]

No need to worry mate. Be strong and stand still despite the market experienced a sudden dump. Bitcoin is showing again its potential and dominance in this decline. Moreover, in due time the Bitcoin and some of altcoins will recover again in a matter of time.

we have seen bitcoin price dumped many times , and if we still panick see this maybe evaluating our mental and psychology need to do. in the past sudden dump happen many times and it could recover again immediately, in the last big market dump till $29k it also recovered to $52k in few days ago.

Dumps are common in the market, for experienced investors this is a good sign to be able to buy at a cheaper price, crypto always attracts anyone because it is never too late to buy cheap, crypto has been proven to improve soon.

Buy dip and sell high is the slogan in cryptocurrencies trading, a hodler need to learn when to buy at dip and take profit at high and always avoid greediness, I am not surprise with price correction or dump it is normal because price movement is not a one way traffic, another unsual price drop occurred on 13/09 which cut across all the prices of cryptocurrencies, that is why I encourage taking profits appropriately to avoid getting liquidated by unsual price drop might is unpredictable and defies any form of Technical Analysis

It seems that this advice turned out to be prophetic. But I was lucky that I was not greedy and was able to sell some of my Bitcoin reserve before the fall. Now I can wait more calmly and look in which direction the market will move.

[Sanitough]

There is nothing surprising that Bitcoin is decreasing less than other altcoins, as when Bitcoin starts negative trends and decreases by 10%, other tokens can decrease by 15% and more, as people are used to selling something more risky first and continuing holding Bitcoin. Actually, I don’t think that it is the start of a new bear market, there was no bad news.

Then there's a reason to believe that it's a bear market because there's no bad news, it just happened and until now the market has not recovered yet. Today alone, bitcoin has dump another 7% and it dump below $40k which is a worrying sign that it could go down further. When we say it's bearish, the downtrend is more dominant than the uptrend, so probably we would see that soon.

[TelolettOm]

In fact, today Bitcoin price has fallen, again and again, the lowest price was at :$39,787.
That is not good. How if the price breaks $38k? I am afraid that it will continue to drop.
Hopefully, that will not happen. Right now, the price comes up again and hits $41,555.
Really hope that Bitcoin will continue rising in order also to lead altcoins rising up.
So sad when seeing my portfolio drops again very fast, but I also know that the crypto world is like this.   

[tyz]

There is nothing surprising that Bitcoin is decreasing less than other altcoins, as when Bitcoin starts negative trends and decreases by 10%, other tokens can decrease by 15% and more, as people are used to selling something more risky first and continuing holding Bitcoin. Actually, I don’t think that it is the start of a new bear market, there was no bad news.

Then there's a reason to believe that it's a bear market because there's no bad news, it just happened and until now the market has not recovered yet. Today alone, bitcoin has dump another 7% and it dump below $40k which is a worrying sign that it could go down further. When we say it's bearish, the downtrend is more dominant than the uptrend, so probably we would see that soon.

From a broader perspective, we are already in a bear market. We had the top at around 62k and dipped 39k last night. We have broken the low (42k) from a few weeks ago to the downside. A lower low than a recent low before, shows that we are already in a bear market, even if it is not as strong so far as many previous ones in the crypto market have been.

And that there is no bad news is not quite true either. The sell-off also had to do with the fact that stable coins are to be more heavily regulated. While this is not a bad development overall, it does pose a problem for some business models in the crypto sector.

[Momoamzad]

 Market down more than last correction. Bitcoin down almost /$10k in a day and that badly  affect on altcoin. Every protential has down already I think this may be a advanced signal for bull market. Even may cause bear market . This is good time to make some profit . Traders are looking forward for this kind of correction so that  they can buy deep and sell high . And today can see market is green again. This is actual cryptocurrency

[superman184]

As expected 10-15% dip happened to almost all coins.Im surprised to see XRP 15% dip, btc only 10%.
How far will it go down ?


WWW.CRYPTOSDAILY.ONLINE
Top ico list and live coin prices

Don't look at daily prices, think of crypto as a long term investment. There are many coins available in the market today, but by using the criteria above, you can narrow your search. ETH, ADA, XRP which I really like, are the ones I can recommend and are definitely the best for long term investment. Maybe the recovery will take some more time compared to the last corrections. And I wonder if this is a signal for a new bull market.

[Mamun74]

Crypto is a long term investment.I think this is the tules Price up and down. But price  will not compared Daily. Few days ago bitcoin price was $49k+ but now bitcoin price $43k+.So bitcoin price and others crypto price little dip today.I think every valuable crypto price will be increase this year.

[Mpamaegbu]

Market down more than last correction. Bitcoin down almost /$10k in a day and that badly  affect on altcoin. Every protential has down already I think this may be a advanced signal for bull market. Even may cause bear market . This is good time to make some profit . Traders are looking forward for this kind of correction so that  they can buy deep and sell high . And today can see market is green again. This is actual cryptocurrency

That's the extent Bitcoin can indirectly go to show that it's still the pathfinder and ultimate coin in the scheme of this industry. Once Bitcoin sneezes, the industry catches the flu, literarily speaking. However, what's happening now is a momentary market mechanism called correction. I don't think there's much to be alarmed about. I expect a change to bear season next year, not this year.

[Bollexz1]

No one can be certain on how dip it would be but one thing for sure is that the market would surely rebound and that only should be the kind of hope everyone should hold on to.

[Impala8_]

The market is very difficult right now, indeed. However, the solution is simple - IDOs.
One of trusted IDOs is AcknoLedger. They will provide it in a week or so. But DYOR.

[arwin100]

The market is very difficult right now, indeed. However, the solution is simple - IDOs.
One of trusted IDOs is AcknoLedger. They will provide it in a week or so. But DYOR.

1 week of what a sure profit is that what you mean? since if you said that sure profit thing to us here then provably I will doubt about how legit the project is since there's no such thing can give us a sure profit knowing crypto is so volatile. I would rather go with the top alts which currently at the dip right now since provably they can recover back after those fuds from bitcoin will flew away and the supporters will start to accumulate again.

[Fivestar4everMVP]

Even better coin to watch is Cardano, with such a big supply.
This one can come to spot #2 instead of Ethereums ?

I personally won't look the way of cardano right now cus I feel it's already too expensive, though I know theres still a lot of room for it to grow as bitcoin continues to grow, but I will rather put that money on some good low cap coins verified to have good potential to grow in the future...there are several of them still hidden on coinmarketcap and with proper research, they will be discovered.

[liqidoxgen]

No one can be certain on how dip it would be but one thing for sure is that the market would surely rebound and that only should be the kind of hope everyone should hold on to.

In this year there were only two events that both did not last long in the market, the first was a price decline and the second was a price increase, so it can be concluded that this year is a year with a lot of movement in cryptocurrencies so that some people don't know which one to follow so that the direction can be very fitting and not stuck.

However, on the other hand, such a cyclical nature opens up excellent opportunities for both amateurs and trading specialists. In any case, a significant upturn in the market at the beginning of the year has seriously revitalized the entire crypto space, which has allowed some coins to partially regain their lost ground.

[oemar bakrie]

nothing is impossible, it just takes patience to wait for the price to start rising again.Judging from all the markets starting to show a decline, not only the big altcoins,, bitcoins are also showing a decline,just save it first, friends, and start looking for opportunities for us to let go.

[nimogsm]

nothing is impossible, it just takes patience to wait for the price to start rising again.Judging from all the markets starting to show a decline, not only the big altcoins,, bitcoins are also showing a decline,just save it first, friends, and start looking for opportunities for us to let go.

We will watch how the news from China and the ban on all activities with cryptocurrency will work. After the correction, I hope for growth and regulation from China until the new year, they should resolve all their issues, I hope the ban is not final and this will not cause further problems.

[SquallLeonhart]

After the last events in the crypto industry like China banned cryptocurrencies, the market isn't in a good condition. Maybe the price didn't go down very seriously but I still have doubts about the possibility of it too. Or maybe we will see the prices getting stuck at the same levels for a long time period. We have been waiting for a golden cross also and if it happens, the market will most probably start going up at a fast pace.

These crashes will keep on happening all the time as long as there is no rally to keep it going up. This is how crypto reacts, we are talking about something that is bound to happen one way or another. Firstly, we all know that it will either go up or down, this leaves us the choice to go up, how could we go up? We could buy more and more, if the price is not going up, and if it is getting stuck at certain number and fails to go above, what does that mean? It means it is not going up, and that leaves only one option available. That option is going down.

We all try to make it go up, we hope for it to go up, we wish it would be 50k but as long as there isn't enough money to make it go up, then there is no way that we would ever see it as high as it could get. This is why the price goes down and this is why it will keep going down for a while longer unless we change something up.

[DarkDays]

After the last events in the crypto industry like China banned cryptocurrencies, the market isn't in a good condition. Maybe the price didn't go down very seriously but I still have doubts about the possibility of it too. Or maybe we will see the prices getting stuck at the same levels for a long time period. We have been waiting for a golden cross also and if it happens, the market will most probably start going up at a fast pace.

These crashes will keep on happening all the time as long as there is no rally to keep it going up. This is how crypto reacts, we are talking about something that is bound to happen one way or another.

Exactly! The market is volatile and super reactive when it comes to FUD news, especially those China FUDs.

But history has shown that this is only temporary and that the market can't be suppressed for very long not when giants like Tweeter announce crypto backing. It looks to me that this is the start of the good news and this is only a temporary bump. We'll see but my optimism is running strong 

[tabas]

nothing is impossible, it just takes patience to wait for the price to start rising again.Judging from all the markets starting to show a decline, not only the big altcoins,, bitcoins are also showing a decline,just save it first, friends, and start looking for opportunities for us to let go.

Bitcoin corrected and in that case, you guys must buy your bitcoins at this rate. It's because that we may not see the price at this low again, hopefully that we'll see the high prices soon.

[savetheFORUM]

After the last events in the crypto industry like China banned cryptocurrencies, the market isn't in a good condition. Maybe the price didn't go down very seriously but I still have doubts about the possibility of it too. Or maybe we will see the prices getting stuck at the same levels for a long time period. We have been waiting for a golden cross also and if it happens, the market will most probably start going up at a fast pace.

Many peoples were feeling we are going to be seriously down after China factor, but good thing happen and community completely have no bad reaction or any correction after this news because now community already know about this all what is going on and how is this happening.

Even few other factors also working very badly but on other side we have some very good and solid adoption from few countries and some positive news about soft policies from big countries also helping very positively specially Ukraine and now Laos both will have good impact on market for some time.