Thara20
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June 24, 2022, 03:22:59 AM |
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It all started with Luna-terra and that triggered the current dip of the market. All major cryptocurrencies have been the red and long-time investors might have to wait a while before they can recover their money. Crypto market is like the equity market. Has been volatile from the start. This pendulum of rising and falling started from January. With volatility comes equilibrium so the wait can take a while for long term as well as short term investors before they can reap the profits.
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BuNga_cute
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June 24, 2022, 04:03:24 AM |
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In short Luna makes bad things worst.
Yes, the problems started much earlier and Luna only intensified the fall of the crypto market. Investors lost their appetite for risk due to high inflation in the US and rising food prices. The crypto-currency market follows the American stock market and positive news is not expected there yet. The situation on the market is critical and most likely it is not the bottom yet. Actually market crashes are common in the crypto world, so this year is not the first time the crypto market has fallen quite deep. So actually we don't need to worry too much about the current market situation, there are many factors that make the market crash. Based on my experience of about 5 years of knowing the crypto world, price drops repeatedly occur, but the market can always recover again. As long as we can be patient with holding good coins, and not selling the coins we have at low prices, everything will be fine. However, I agree that what happened to LUNA made market conditions worse, so the impact of LUNA's drastic decline made many investors panic. Because LUNA is known as top coins, some people think that investing in top coins is safe and doesn't have a big risk. It turns out that what happened to LUNA shocked everyone, no one thought that LUNA could fall so deep, that's why investing in crypto must always be vigilant. Including investing in Bitcoin we must always be careful, and prepare a backup plan of what actions to take if the market situation worsens. Because like what you said, the current decline has not yet reached the lowest price, so we have to be really careful.
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Inspiron14
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June 24, 2022, 04:11:37 AM |
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So in a nutshell luna is like the last push that causes the waves of correction one after another becoming even worst. There are so many investment fund being invested in luna and that means the disaster of luna basically brings the whole market of cryptocurrency down goes to drain. though frankly the cycle of BTC is already set and the current bearish is kinda obvious to come, it's just luna makes it comes faster.
It looks like that's the case, especially since we didn't think anything of what happened to Luna. and it certainly affects the crypto market, besides what is happening in the world today indirectly also has an impact on the crypto market
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BlockchainMentors
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June 24, 2022, 04:24:05 AM |
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gunhell16
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June 24, 2022, 06:07:01 AM |
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So in a nutshell luna is like the last push that causes the waves of correction one after another becoming even worst. There are so many investment fund being invested in luna and that means the disaster of luna basically brings the whole market of cryptocurrency down goes to drain. though frankly the cycle of BTC is already set and the current bearish is kinda obvious to come, it's just luna makes it comes faster.
It looks like that's the case, especially since we didn't think anything of what happened to Luna. and it certainly affects the crypto market, besides what is happening in the world today indirectly also has an impact on the crypto market In my honest opinion on these matter, whether we believe it or not, LUNA really gave a bad impact in the crypto industry. Because there are a lot of other giant crypto who got rapidly collapse or decreased their volume in the market. And it trigerred so much other altcoins too in the market. Yes, its true before LUNA crashed its value Bitcoin was already dumped its price and when LUNA came up to collapse in the market Bitcoin goes down well too. This was based on my own assessment for what is happening now here in the cryptocurrecy.
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kesmex
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June 24, 2022, 10:01:52 AM |
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In short Luna makes bad things worst.
Yes, the problems started much earlier and Luna only intensified the fall of the crypto market. Investors lost their appetite for risk due to high inflation in the US and rising food prices. The crypto-currency market follows the American stock market and positive news is not expected there yet. The situation on the market is critical and most likely it is not the bottom yet. The real reason is that all of us, traders, investors and even institutions must already know that we have entered a terrible season, namely the bear season, and of course everything is crashing, Bitcoin, Altcoin, even the stable coin incident, of course 2022 is worse than in 2018, this is the reason why cryptocurrencies crash!
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Bonenx14
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June 24, 2022, 10:19:44 AM |
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The real reason is that all of us, traders, investors and even institutions must already know that we have entered a terrible season, namely the bear season, and of course everything is crashing, Bitcoin, Altcoin, even the stable coin incident, of course 2022 is worse than in 2018, this is the reason why cryptocurrencies crash!
Is there no other reason besides that because the exact cause of the crash is not known in detail right now so the bad conditions this year are actually still better than what happened in 2018 where you can't see an increase in prices at all, and it's a little different from now where some coins can still survive in this bearish condition.
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Mr. Magkaisa (OP)
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June 25, 2022, 07:34:10 AM |
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In short Luna makes bad things worst.
Yes, the problems started much earlier and Luna only intensified the fall of the crypto market. Investors lost their appetite for risk due to high inflation in the US and rising food prices. The crypto-currency market follows the American stock market and positive news is not expected there yet. The situation on the market is critical and most likely it is not the bottom yet. The real reason is that all of us, traders, investors and even institutions must already know that we have entered a terrible season, namely the bear season, and of course everything is crashing, Bitcoin, Altcoin, even the stable coin incident, of course 2022 is worse than in 2018, this is the reason why cryptocurrencies crash! I don't where in a terrible season, because in this kind of circumstances that we facing it now in the crypto business this is just a part of the cycle here in this field of industry. Crashing the volume of the majority altcoins, sometimes its because of the other coins suddenly faced a big impact to make other coins get affected on it. So, crashing its value for me is just normal thing happens here in the cryptocurrency based on what I saw in this matter anyway.
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Semar Mesem
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June 25, 2022, 07:50:19 AM |
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I think the biggest factor that makes cryptocurrencies is FUDs, before the market drop like today there was a coin, namely LUNA which dropped from $100 to $0.001 in less than 5 days, this was used by whales or haters to spread FUDs so that investors were afraid to hold and sell crypto so that the price continues to drop.
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fosco333
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June 26, 2022, 09:57:52 AM |
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I think the incident of LUNA is not the main cause of crypto market crash. News about LUNA causing crypto market crash is just like FUD for me, to make the crypto more dump. It is about the cycle of cryptocurrency market. Like always, there are always sometimes when the crypto market hits the bottom, and now is the moment.
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kaseygriffin
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June 26, 2022, 10:05:14 AM |
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(...) Will there be still a chance now for the users to recover their losses after what happened to this bad circumstances in LUNA or in the collapses of the cryptocurrency in the market?
I'm not sure, but the facts tell me this is a time where safety is a priority, when so many unfortunate incidents have happened in a short space of time. And I think a lot of people are also suffering heavy losses with their investments in the market. At this time, there is not too much breaking news or new projects that offer exciting opportunities. But for me, as someone who believes that long-term investing will bring more opportunities, tracking its movements will help to see things happen more accurately.
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robattfield
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June 26, 2022, 12:28:27 PM |
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After the incidents happened, I think it is now up to everyone to review those mistakes and the opportunities in this market never run out. Only those who are not patient enough lose faith. and the motivation to invest with a reasonable plan, only encountering loss situations. Timing is only relative here, because if you don't prepare well, it's always a risk in the investment process.
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goaldigger
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June 26, 2022, 12:35:56 PM |
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After the incidents happened, I think it is now up to everyone to review those mistakes and the opportunities in this market never run out. Only those who are not patient enough lose faith. and the motivation to invest with a reasonable plan, only encountering loss situations. Timing is only relative here, because if you don't prepare well, it's always a risk in the investment process.
That was a bad experience and we should learned from that so we can move on now, the market is not and that is not just because of what happened to LUNA, there's a lot of things that we can consider but it doesn't matter anymore because we have to live with the present now and know what to do during this bear market. The price is quiet pumping again, but its not that strong so I think we can still see a drop after this short pump and that is another opportunity for us to buy. We have so many opportunities here, they are just waiting for us to grab those opportunities, be wise with your investments now.
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so98nn
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June 26, 2022, 12:53:27 PM |
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Is cashing out from the LUNA makes the whole crypto market crash? Does it the case really? The total market cap of the crypto is around $980 billion dollars and out of this on a beautiful day it keeps trading around $100 billion dollars every 24 hours. Now can you point me in right direction by stating if this guy cashed out 2.4 billions then it can be reason for the market crash???
That’s just next to impossible with such huge market cap. There is no way this is true. The only reason is worlds up coming recession (or on going).
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Webetcoins
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June 26, 2022, 09:25:43 PM |
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I think the biggest factor that makes cryptocurrencies is FUDs, before the market drop like today there was a coin, namely LUNA which dropped from $100 to $0.001 in less than 5 days, this was used by whales or haters to spread FUDs so that investors were afraid to hold and sell crypto so that the price continues to drop.
This is very much true, hundreds of millions of dollars worth of money was gone out of that, but it didn't just evaporated and destroyed, that money went to somewhere and people acted and spread FUD as if that money was fully gone. The price of everything went down which I never made any sense to at all, if the money was in Luna, then it was moved out, then it moved out to somewhere, did it moved out to fiat directly? I really doubt that, maybe some but not all. Which means that for everyone who didn't own any Luna, the market should have been same and nothing shocking should have happened. This means there were FUDs going around telling people that it was just gone, and that is one of the causes for sure.
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jeha2015
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June 26, 2022, 09:46:06 PM |
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Actually Luna coin we recover it value, just a matter of time, which can take three to four years from now and nothing is impossible in cryptocurrency market, the team and developer has to burn a certain number of Luna coins for a quick recovery. Therefore Luna coin is in a good position to buy.
I don't think that will be the situation here. It's about trust. They have failed to maintain that. People will never go back to that scam again. What's done is done, and it has made a huge impact in the investor's mind. So leave the past and move on. so far investors lost their trust to luna team, this is second time ust unpegged and their algortihm has weakness that could exploit by smart investor. Burning coin was not enough to recover luna, only trust needed in this project. Moreover we heard Do Kwon failed at another stable coin project. There are alot potential project that could recover our loss in luna , so it time to move on moreover bitcoin in good price now.
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shinratensei_
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June 26, 2022, 11:43:40 PM |
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I think the incident of LUNA is not the main cause of crypto market crash. News about LUNA causing crypto market crash is just like FUD for me, to make the crypto more dump. It is about the cycle of cryptocurrency market. Like always, there are always sometimes when the crypto market hits the bottom, and now is the moment.
It was like the thing that triggered the luna crash to come sooner, though the crash was already destined and set in stone since the latest bullrun that surprisingly lasts for a long time. I agree that even without luna the crash still gonna come, still regardless luna has incurred many losses towards its holders, that's still the mistake in their side.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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South Park
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June 30, 2022, 05:07:24 AM |
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Actually Luna coin we recover it value, just a matter of time, which can take three to four years from now and nothing is impossible in cryptocurrency market, the team and developer has to burn a certain number of Luna coins for a quick recovery. Therefore Luna coin is in a good position to buy.
I don't think that will be the situation here. It's about trust. They have failed to maintain that. People will never go back to that scam again. What's done is done, and it has made a huge impact in the investor's mind. So leave the past and move on. so far investors lost their trust to luna team, this is second time ust unpegged and their algortihm has weakness that could exploit by smart investor. Burning coin was not enough to recover luna, only trust needed in this project. Moreover we heard Do Kwon failed at another stable coin project. There are alot potential project that could recover our loss in luna , so it time to move on moreover bitcoin in good price now. People need to move on from that coin already, at this point it is like an obsession, for some reason they still want this coin to make a comeback but it is never going to happen, trust is an integral part of any project and once that trust is lost then there is no way to get it back, the luna developers can try every single trick they can imagine and still the coin will die, speculators will trade it but no one in his right mind will ever invest his money in that coin for the long term.
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Crypto_Dotar
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June 30, 2022, 07:14:29 AM |
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Hello brothers, When will the Worldcup start ?? Does anyone know ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Which is your favorite team ??
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$anounimus$
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PredX - AI-Powered Prediction Market
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June 30, 2022, 08:10:20 AM |
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Sometimes it is very difficult to invest in this market or such Because any time large sums of money are not reliable or stable over a long period of time and there has to be a way to combine blockchain with artificial intelligence or the decentralized world will collapse in front of the people who follow it. The truth of the matter is, that cryptocurrencies will always have risks. It doesn't matter how big it becomes or how mainstream it becomes, and that's just how it is. No security system is perfect, so there will always be people trying to deceive others by any means necessary
However, I believe that in the future artificial intelligence and technology will be used to create many better projects.
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