Crypto dip today

[SarangWallet]

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 ?


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I think the drop happened yesterday and it was a pretty big drop too. The same thing happened with ETH, dropping from $3,700 to $3,100 within 30 minutes. It's hard to tell the truth. It all happened in such a small period of time that I only saw the results. Grin Bitcoin is down 10k dollars and it affects altcoins very badly too. For now, I see the market is trying to recover and not drop further than this. It is very difficult to predict the next move for now. Maybe the recovery will take longer than the last correction. And I wonder if this is a signal for a new bull market.

[Sanitough]

I think the current market is not too dip, this is just a normal correction as long as the percentage is still 10-20%, so far the market is still healthy Bitcoin and Etherum still have a pattern that can still be pumped maybe towards the end of the year the market value will go up, because that's the pattern crypto every end of the year will increase. So don't worry, there's still a chance for market to grow up

Correction is always normal once the market is too bullish, as you can see, we have been struggling to reach $50k again and after that China FUD news, bitcoin has been slowly bouncing back, so seems like the fear is still there and people are not buying it yet unless there's good news that will pump up the market again.

[Shasha80]

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Indeed, there is no sign that the market will recover in the near future, but indeed we must not panic in a situation like now. If we have extra money,
we can buy some coins that we consider potential, because almost all coins are now falling in price. My choice is the same as yours, prioritizing buying
top crypto, because I don't want to risk buying shitcoins. But if we really don't have the money to buy coins right now, we can just hold the coins
we already have. Because as long as we can be patient waiting for the market to recover, there is nothing to worry about, the market crash as it is now is
a common thing in the crypto world. Because in the end the market will recover and we can get profit, so don't sell the coins we have now.

If you understand how this volatility works in the market, then you will never resort into panicking. All you have to do is to be even more patient and hold them until the profits again are becoming more visible.

However, if the market prices continue to drop, well take this opportunity to buy again those top coins in the market. You won't have to deal long with the market dumping because it will always recover until you see those top coins reach another peaks again. So it might be a matter of patience and taking risk whatever this market has to offer.

That's why I always suggest to newbies that before plunging into the crypto world, first learn how the crypto world works. The goal is to understand
the crypto market which is always volatile and can cause panic for those who don't understand. If we already understand how the crypto market works,
it will be easier to control our emotions, to be more patient for holding coins to make a profit. Actually we all get the same opportunity to make a profit
in the crypto world, most importantly we can know when the right time to enter and exit. Especially if the market falls, immediately take
the opportunity to buy coins at low prices. As long as we choose the right coins, then there is no need to worry if we see the price fall, no matter
how deep the potential coins fall, they will always recover again.

[alviemery96]

Don't always look at the price of cryptocurrencies every day you think of cryptocurrencies as a long term investment. Check your project's pathmap, stability, and use cases, but as a long-term investment I'd recommend looking at a quarter or a year to compare its price rather than a year. follow it daily and you will see much worse than that. On the other hand, you will panic about the price going down and will start wanting to sell all of them, I recommend you simply turn off all price tracking apps and get yourself into other living habits instead. Always keep an eye on the price every day like that.

[kak uli]

we can't say anything for sure about the market correction, whether it will continue or only drop a few percent. however we hope that market conditions will continue to improve until the turn of the year.
since the last few days the market is indeed experiencing a correction, but what I see the market correction that occurred this year only has a small setback and the correction is only caused by some media or because of news that corners digital currencies. I think because the influence of the news will have an impact on the market.

[newwest]

Buying it now seems like the right time. Because we are currently getting discounts from the market that is entering the dip. It even achieved more than a 10% decline. We're going to get a very cheap price right now.

Dips are mostly the buying time and even those few days back had brought at 43k levels today would be sitting 7k profits per btc. Recovery happens in crypto and sometimes it just happens quickly that it slips away from your hand to buy till then price has already risen a lot. So never to miss the buying opportunity if need to make profits here.

[peter0425]

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 ?

then why not create another thread now as 1 month after this post Bitcoin increase more than the losses you posted?
20% growth in the last 7 days https://coinmarketcap.com/currencies/bitcoin/

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oh i see the objective here, Advertising for free lol, this is the work of Cheap company that wanted to have viewers for free lol.

[btc78]

Dips are mostly the buying time and even those few days back had brought at 43k levels today would be sitting 7k profits per btc. Recovery happens in crypto and sometimes it just happens quickly that it slips away from your hand to buy till then price has already risen a lot. So never to miss the buying opportunity if need to make profits here.

Some people when they saw BTC at a price of $43K some time ago also still considered it expensive so they were still afraid to make a purchase at that time even though they had seen the graph of the decline in the market, that's why some people have doubts because they also don't know when a recovery can occur.

if you are not familiar in Bitcoin activities then you may have this second thoughts but Me being known Bitcoin for years, if having funds to risk will always buy bitcoin even how much the value is.
because what i believe is that over the time after years , bitcoin price will continue increase and this will signify our confidence and trust in this currency to bring us more and more value .

Don't always look at the price of cryptocurrencies every day you think of cryptocurrencies as a long term investment. Check your project's pathmap, stability, and use cases, but as a long-term investment I'd recommend looking at a quarter or a year to compare its price rather than a year. follow it daily and you will see much worse than that. On the other hand, you will panic about the price going down and will start wanting to sell all of them, I recommend you simply turn off all price tracking apps and get yourself into other living habits instead. Always keep an eye on the price every day like that.

this is why we must Only check prices if we are trader , but if we are holder? we must not care about the movement everyday.
instead what will come in each Bull because bitcoin is not like shitcoin that is manipulated and pumped easily.

[Benefactor]

There are a ton of coins accessible in the market at the present time. Be that as it may, by utilizing the above models, you can limit your hunt. Each of the one needs to do is to tie the crypto and afterward trust that the entire show will flame out. When the tempest quiets down, one can securely sell and afterward pull out in real money. It is truly difficult to foresee the following developments for the present. Perhaps the recuperation will take some additional time contrasted with the last amendments.