Is it the end of crypto?

[TimeTeller]

ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?

I guess you have to check the market history and for you to know that crashing is always happening mostly after the pump. Nothing had to worry about with this situation, we have countless times of being like this and as we can see, it pumps back more. I suggest holding your balls and instead of thinking about it negatively, much better to prepare your bag and fill it. Crashing is the opportunity for us to buy in preparation for the next market spike.

Hope you could be like that (positive) and just consider this as a sort of opportunity.

This is the dilemma of most newcomers in crypto.
When they see that the price is going down, they are already panicking and thinking that crypto's life is about to end.
But if you look at the big picture, and see the price, we are still way above from the last decade of life of bitcoin.
So hopefully, new users will not get the notion that when there's decline of price, they will think that it's already the end of their crypto journey and make mistakes with their portfolio decisions.

[arwin100]

ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?

This is not surprising since there are so many more worse from this and this little dump happening in the market will not make us afraid on what will happen to the whole crypto market, maybe you should research the history so that you will ease down your mind and maybe you will get an information about when you can enter when market is on dumping stage. Also getting panic easily is the worse mistake of newbies so take note unto that.

[GreatArkansas]

Just a correction from a previous all-time high of Bitcoin or crypto market cap.

If you take a look at the Fear & Greed index of Bitcoin right now, we are currently on Fear, not that much fear. But last time we went to the fear index, after a few days, Bitcoin went to create multiple all-time highs.

So for me, nothing to worry about. Just zoom out the chart and relax.

[michellee]

Calm down for a while. It is not the end of crypto but it is another deep correction. If you can not hold your coins, you can sell them and wait for another lower price to buy back, but I am not sure if that will happen later because, who knows, the crypto will have more opportunities to increase higher after this correction. If you can hold your coins and buy more amounts, you can have a chance to sell at a high price, especially if the price will increase in the next week or next month.

[killerfrost]

The psychology of newbies, they are always afraid and see all the negative things happening to this market. There is only one piece of advice, if you keep acting on the opinions of others, it will be difficult to maintain your results with this market.

As far as I know and have seen, a lot of people have made good profits entering the market during the period when BTC plummeted to $30,000, and now many people are afraid of this market . Maybe newbies again, I don't know when you'll understand patients with this market, but then people will complain less when the market takes a sudden plunge.

[kanayaTabitha]

ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?

Just a normal crash, there were many bigger crash in the history if you see the all time chart and right now is just a normal correction.
One thing to holds if you want to be successful in crypto investment is don't panic.
What makes the crash continue is when the whales are selling their bag, the people who panic are cutting losses their investment that's why the price keeps decrease.

[LittlePrinceCat]

But some crypto like ftm has dropped more than 30% in these few days. That’s why some nerdy guy like me feel panic about it.

[chaser15]

ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?

Welcome to the Crypto world, I guess. Just to give you a good reference, crypto has already experienced many crashes in the past. If that leads to the end of crypto, you won't need to ask that question and the forum might not be active by now.

Take a break and relax if you see your assets going down. It's not always that everything should continue to go up.

[LittlePrinceCat]

ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?

Welcome to the Crypto world, I guess. Just to give you a good reference, crypto has already experienced many crashes in the past. If that leads to the end of crypto, you won't need to ask that question and the forum might not be active by now.

Take a break and relax if you see your assets going down. It's not always that everything should continue to go up.

Thanks bro. I wish investing crypto is not a wrong decision to me.

[Sanitough]

And the dump continues.

24 hours low per https://www.binance.com/en/trade/BTC_USDT is $55,600... Are we gonna say welcome back $40k?

We aren't expecting this to happen as we are optimistic to see a new ATH by December, and some even predict that bitcoin will hit $100k by the end of December but it looks like the opposite did happen. To you mate, don't think it's the end of crypto as this bleeding will eventually end for a better tomorrow. The more you panic, the more you make a bad decision, so just chill.

[kapalmabur]

ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?

Welcome to the Crypto world, I guess. Just to give you a good reference, crypto has already experienced many crashes in the past. If that leads to the end of crypto, you won't need to ask that question and the forum might not be active by now.

Take a break and relax if you see your assets going down. It's not always that everything should continue to go up.

In the past I think crypto has experienced severe crashes but as you mean that until now crypto is still running and even growing,
so I think that's a normal thing in crypto and most importantly stay calm in the face of such conditions

[Hovarda]

dude, calm down a bit and get away from the market. because I think you're having a weird panic. There are ups and downs in the market. But crypto never ends!

[rodskee]

ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?

WHAATT ? your account was created in April so from that time market had already dumped much harder than today, price of bitcoin even fall below 30,000 and now it is just 57,000 in value but you are asking if this is the end?

if you are panicking like this all the time then best to get away from crypto because this is not your place to make money.

Panic people always lose here remember that, if you want to maintain your profiting here then use your calmness and not panicking .

[asriloni]

ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?

How long you have been in cryptocurrency? So many times bitcoin faced the bearish trend like this. Bitcoin starts to consolidate after the bad news related to the rejection for BTC spot ETF by SEC. This is also triggering investors to did sell off for bitcoin but I think that this will not be a long term sell off. Bitcoin has been touching new ATH after it was also getting dumped to the 50k range in the past. It's better for you to learn from the various news that published recently in the market. There are some bad news about crypto appeared again. One of these news approval for mtgox accreditor which will be creating fear to the market. It seems like that so many big whales have been starting to sell their bitcoin to anticipate the dump that caused by mtgox.

[LittlePrinceCat]

ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?

WHAATT ? your account was created in April so from that time market had already dumped much harder than today, price of bitcoin even fall below 30,000 and now it is just 57,000 in value but you are asking if this is the end?

if you are panicking like this all the time then best to get away from crypto because this is not your place to make money.

Panic people always lose here remember that, if you want to maintain your profiting here then use your calmness and not panicking .

There are so many rumours about Joe Biden’s financial decision would kill crypto in my homeland. Many people try to sell all of their crypto ASAP. That’s why I feel so panic now.

[coinzzzpro]

Many beginners think that if you have been in the market for a long time, you should feel the approach and the beginning of a down-trend, understand the tops when it is time to go out and after that everything will start to fall. But in reality, the longer you are in the market, the more you understand that you shouldn't even try to predict reversals and trend breaks. Of course these predictions are made by a lot of "popular" traders who gladly and often predict something, and then after successful prediction write "See, I told you so".

Then after a long day this audience finds our communities and out of habit they start demanding forecasts from me or Narnia Olds, not realizing that we are not "about forecasts", but about how to make capital on the trend. When you try to predict a reversal, put stops (which MM gladly knocks you out, and then brings the price back) - you're playing against the trend, it's like "pissing against the wind", such an activity.

It is better to think about how to work during the trend and do specific things (aces, ICOs, testnets, nodes, ambassadors, early birds, drops), there you can safely build metrics and forecasts (how many aces were registered, what % passed, how much work still needs to be done) - leave trend reversal forecasts to mountain forecasters, traders who decided that with their penny stock they can outplay Market Maker.

[virasog]

ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?

This is not the end of crypto. Two things can happen from here, either the market is removing the weak hands from the market before moving towards the 100,000$ target or we are entering into a short term bear market un-expectedly. Need to monitor how we close this week.

[livingfree]

Is it the end of crypto?

Yes, no more hope. Joke.

There are so many rumours about Joe Biden’s financial decision would kill crypto in my homeland. Many people try to sell all of their crypto ASAP. That’s why I feel so panic now.

Do not panic, honestly, they won't even know that you're in crypto even if Joe imposes a ban to crypto on your homeland. You don't have to panic, a roller coast move in crypto is fairly normal.

[bitterguy28]

There are so many rumours about Joe Biden’s financial decision would kill crypto in my homeland. Many people try to sell all of their crypto ASAP. That’s why I feel so panic now.

It is understandable mate if you feel that way but look at the market , if you are right about the news and the response of the people then why the decrease in prices is just a little compared to the dumps happened recently ?

thinking that this is American president that you are talking , when China another news comes of banning crypto mining the effect in market is much higher than what the Biden's news is?

this is not tolerable idea, and besides even if Biden decide against crypto still this is not enough to kill the market trust me, there will no president in single country that can make it happen.

[Ararbermas]

ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?

thats how the market works mate, it's like a roller-coaster so don't panic if you see such situation,, wherein you must wait until the market stop crashing because for sure the next move will be the next bull season..to be honest how it will end like that? Its too expensive, so obviously holders is selling right now.. So don't be surprised. Lol