Don't punic, just hodl

[haenko]

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

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[Skinny48]

It could actually be a correction but still won't stop the upcoming bear market it's just too inevitable, there will be massive sell off and many investors won't want to hold either, later we can see possible bad news follow here and there, don't buy top altcoins at high price while dips takes place it's not wise

[Porfirii]

Damn, the fall has been sharp. Who knows, if you invested what you can't afford to lose, it is normal to panic, but if you did things well and your crypto investments are just an extra, it is easier to get diamond hands.

So I would agree with the threads title, but if you really need the money go ahead and panic sell (and learn the golden rule for the next time).

[BIT-BENDER]

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

But a disclaimer, or else it would look like you are shilling, everyone should be directed to do their research, if it's about Bitcoin I really don't have any fear Even in the dip I am confident about what it's going to do, buying more Bitcoin right now is wise but buying other Coins just because of its dropping, may lead to serious loses, for now do your research before any step.

[superman184]

Yes, indeed, crypto prices are currently experiencing a correction. There is a possibility that the price will increase in the near future. But the panic will come naturally to traders if they see the condition of the asset decreases. However, if the assets we have to hold in the long term, then we do not need to panic. That is, our daily needs do not depend on the value of the assets we invest in crypto. Don't invest in crypto with kitchen money, because the value of the asset will burn easily. That is, the balance will continue to decrease, and losses will continue to occur.

[Doell]

hold is one strong reason at this mark ,bitcoin from 40K dropped to 38K in a day and look altcoin market also affected but its good to buy more than what is already on the basket but also more thorough analysis have and to be careful in choosing ! I believe people are not panicking because plunge not too far at 38K

Everyone said it’s the doomsday for crypto. Why do you think it’s just a correction?

I'm not sure that it's doomsday for crypto ,I'm on the opposite corner of that sign ! where do you see everyone saying that? I won't be in it  !

[CryptoATM]

Huge dumps have not even started yet and I'm sure it will happen, a single sharp drop that will cause panic and many will be forced to start dumping, as time goes on more dumps will occur it's always the same move with bear market, the whole market won't collapse in a day or week it happens gradually

[laredo7mm]

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

If you watch the video of Crypto Influencer after the Crypto Market Crash of 2018, you will see that almost everyone is saying now is the right time to buy Bitcoin, Bitcoin will never go down again, such a golden opportunity will never be found again.  We all know what happened after that.  Bitcoin hit the lowest low almost every month and finally settled at $3,000.  One thing I have learned from watching the crypto market for so many years is that there are opportunities in the crypto market again and again so it is wise to wait for the opportunity without running after the opportunity. 

If anyone thinks that Bitcoin will no longer be available at this price, I will tell them to stop now.  Think again about how much what you are saying is similar to the previous experience.  And since institutional firms are investing, there is no reason to think that the price of Bitcoin will not go down.  These investment institutions will DCA on each correction.  They have come up with long-term plans here.

[arbifahrozy]

The entire market got inflated last year by government money.  Anything that went up that fast was not going to stay up there forever.  It had to consolidate because there are people that weren't planning on staying in long-term.

[gabbie2010]

Huge dumps have not even started yet and I'm sure it will happen, a single sharp drop that will cause panic and many will be forced to start dumping, as time goes on more dumps will occur it's always the same move with bear market, the whole market won't collapse in a day or week it happens gradually

This isn't the first time price will be experiencing a huge and massive correction neither will it going to be the last time, it happened in May through July last year before the price pumped to attain a new ATH, I think what makes the price to remain at the bottom for that period is just subject to the numbers of panic sellers who dump at the dip end of the price are massive, I hope the same scenario will not repeat itself, so that it wouldn't take so much time before the price resume it bullish trend.

[tvplus006]

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now?..

If you are trading on the spot market, then you are not in danger of liquidating your position. And accordingly, you can stay calm on such a dump and look for a convenient price to buy coins at low prices. Panic is mainly affected by those who bought coins at a high price and at the same time used high leverage.

[wxa7115]

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

Everyone said it’s the doomsday for crypto. Why do you think it’s just a correction?

The markets are not a democracy, if anything the majority is wrong most of the time, right now the market cap is going down roughly 11%, I know that for people that have traded the stock market this is a huge percentage, but this is nothing in the market of cryptocurrencies.

I have seen similar movements many times during my journey in this market and since that is the case it is obvious something like this is not going to scare me, and even if this happened to be a crash and not a correction that is fine with me too, as I will have the opportunity to buy bitcoin for a low price again.

[Kelvinid]

I just look at how tough would be for the market facing another bear sign. But why we should be panicking? This is not the first we experience this, so Hold, keep calm, and buy more (if we still have the money).

Well, I can picture out the feeling those who buy last week, many of them are in trouble this time or might they are selling now.
Bitcoin had continued to drop, we don't know and find no big reason for this that is why I could say this will take so long and this correction will just stop. But I think, we even going to drop more and reach $35k before the recovery starts.

[crzy]

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

Everyone said it’s the doomsday for crypto. Why do you think it’s just a correction?

Because the price will still pump and we need this drop so we can accumulate more beside this is already expected to happen after breaking so many peak last year, now the big corrections are happening.

We should not panic and don’t just hold, better to buy as well because this might be the last cheap price of Bitcoin because if its able to reach the $100k mark, I’m sure it will become more expensive.

[NicNacCoin]

I am so worried about the current market situation, I have a lot of trading going on here. I started the future trading and I lost a lot there. Seeing the state of the market, I can't stand it.But I know why it seems that the market will go up.Those who want to invest in the moment can invest, but now is the time to invest. Just hold on for some time by investing.

[Yogee]

Good luck to your portfolio if you plan to hodl all the way. I hope you have enough cash so you won't have to sell at a loss when most crypto dips even more. All the better if you have a fix source of income since I think many of us will be tested in the next few months or maybe until next year.

[GeorgeJohn]

Everything about cryptocurrencies changed shape today and mostly Bitcoin, the status or the level Bitcoin became downgraded today is not understandable, majority of coins that's doing absolutely well decrease in price today, the following list below are involve.
BTC
ETH
BNB
FTM
EOS
DOT

[Hypnosis00]

Good luck to your portfolio if you plan to hodl all the way. I hope you have enough cash so you won't have to sell at a loss when most crypto dips even more. All the better if you have a fix source of income since I think many of us will be tested in the next few months or maybe until next year.

It finds difficult if we are just relying on crypto alone but I guess, OP had another source of income that make him decide to hold instead of selling. Besides, holding is the only way to save you from getting into losses and anyone can do. Then to ask you, what are you gonna do now? Are you selling?

If people had the capability to invest, they're for sure they can also hold, that is what I think. And to guess what, you are doing the same to OP. Selling is just an option to take for those who are in panic but we keep that feeling and so decided to just hold.

[asriloni]

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH?

This is not first time and you can see weekly chart of bitcoin and you will see what's going on with the market right now. I was also getting the same downtrend like 2020 before bitcoin touch new ATH but people are feeling panic right now. People didn't realize that and forget it. I hope that a recovery will come again but this may take a long term.

And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Yeah those people didn't even see that happened before

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

This is not a correction but dump. You're wrong if you keep calling 10% - 20% drop as correction you may need to re-consider it again. Rollercoaster in crypto is just a common thing. You must not mention those venture capital coz they have ability to get into the private sale and make money from there. That's different with personal holders or traders.

[nurilham]

That's right, what can be done is hold the coins that we have when the market is down like this. Panic is natural, but it should not continue, especially until you do a panic sell, it will be very detrimental. There have been many cases where people rushed and panicked when they saw the crypto market going down and ended up selling it at a low price. This ups and downs crypto market is indeed mental training where we have to be more patient and also careful in managing the assets we have. Stay calm and manage assets as best you can until the market recovers.