CRYPTO CRASH

[Famous Grouse]

Today's move might take 1 month to achieve, but FUD makes it happen in a day

[Xal0lex]

FUD is ruthless and enriches various speculators at the expense of ordinary market users, who are most heavily influenced by this hype and uncertainty. Today's panic was no exception. Everything worked out according to the old script. Perhaps someone needed a market collapse and certain low prices to make some deals. The exchanges also made good money on this FUD. According to various estimates, liquidations of traders are already more than half a billion dollars.

[blockman]

Today's move might take 1 month to achieve, but FUD makes it happen in a day

FUD can really work for these manipulations. But there have been FUDs in the past that never had work and that's why when there are FUDs like this, they're becoming more extreme than in the past.
I expect that there's more to these FUDs and they're going to be more brutal and fearing when they come but remember, that all you have to think about is the long term and accumulate when they exists at the moment for you to take advantage of it.

[goinmerry]

Today's move might take 1 month to achieve, but FUD makes it happen in a day

That's why it is called FUD. A specific term is being made just for that. FUD is already part of the crypto for a long and depending on how strong that FUD is, it can really trigger something unexpected. However, if there's a FUD that can be considered a big deal, there's also a non-sense FUD that can't even trigger small actions. Such FUDS are being ignored.

That's how the market behaves since then. Take it or leave it, you decide.

[vickyes]

The market is like this, a battlefield without gunpowder smoke, but as tragic as the real war, the encrypted world is still in the early stage of creation, it needs fuel and sacrifices something in the process of evolution, but the war will never stop.

[Luffygroove]

Because people and community are at the heart of cryptocurrency. When a group of people decide to do something, it could have a domino effect on other people. This year, there hasn't been much good news. Instead, bad news has kept coming. I think this is a hard time, and a lot of people are tired, but they don't know that there will be a rainbow after the storm (probably in the next 2 years). Now it's a game of survival, and we'll have to wait and see what happens next.

[ahyadinnn]

Today's move might take 1 month to achieve, but FUD makes it happen in a day

fud made the price fall almost %10 in a day, looking at the portfolio, I am dizzy because many of the coins that I hold the decline is very sharp, and I hope the market recovers as soon as possible, all I can do today is just buy back at the bottom price and keep it back until the price improving, I don't know how long the market will deteriorate like this

[Fundamentals Of]

Today's move might take 1 month to achieve, but FUD makes it happen in a day

I agree. Bitcoin crawled very slowly to reach $21,000. It took it forever to conquer that area once more. But all of a sudden everything was lost. All the gains are quickly erased with what's happening in the market. Although it doesn't really have anything to do with Bitcoin itself, it is unfortunate that its ripple effect has affected Bitcoin so much. There are probably a lot of people who are feeling fearful that it will affect Bitcoin's price itself and sold.

[Silberman]

Today's move might take 1 month to achieve, but FUD makes it happen in a day

FUD can really work for these manipulations. But there have been FUDs in the past that never had work and that's why when there are FUDs like this, they're becoming more extreme than in the past.
I expect that there's more to these FUDs and they're going to be more brutal and fearing when they come but remember, that all you have to think about is the long term and accumulate when they exists at the moment for you to take advantage of it.

It is also important to try to take the smallest risk possible, the people that are getting liquidated due to the current crash are people that were using a massive amount of leverage on their trades, however those that were invested in bitcoin without using any leverage have only lost 20%, an amount which they can easily recover if they hold for a few months or if they perform a DCA strategy, obviously it is too late to do anything for those that were using leverage but it is a good idea they keep this in mind as I think this will happen again.

[minairia3]

Cryptocurrencies are considered to be the most extreme market and if you are mentally prepared and only invest as much as you can afford to lose this is normal. While everyone was expecting a two-month recovery at the end of the year, the market moved in the opposite direction and always has. We are still in bear season and history is repeating itself, during bear season 2018 bitcoin is down more than 83% and for me history will always repeat itself until new history is made. In a bear market if there is no one fud there will be another fud there will always be a reason for the market to fall.

[john1010]

You always losing the game if you have no stable emotion and mind in this kind of business, Cryptocurrency is very volatile and unpredicted, of course, FUD is always there and it balances the market, and today as I'm writing this comment BTC dropped to 16k USD and let us not look on the bad side, always look n the brighter side, even if you lose big time, this is the best time to bag some of your favorite coins, and yes, the big question is, do we have money to buy in the deep?

[BigBos]

maybe this is the impact of various events that have occurred in the last few months such as the domino effect of Covid-19, the climate crisis and food crisis in parts of the world, the rise in inflation, the economic downturn, the panic about the imminent global recession, the war between Russia and Ukraine, and again the market has not yet fully recovered from his injuries from the events of Terra Luna and Terra USD in last May, plus the recent bad news from one of the largest cryptocurrencies FTX is threatened with bankruptcy in times like this.
all these events make it easy for people to make FUD by linking all the events that occur to make everyone panic and secure their assets in crypto so that there is an unnatural decline.
maybe if I hadn't experienced something like this in the past few years, I would have done the same to be afraid and secure the assets I have. but it's different from now, I'm more happy because I can save crypto and BITCOIN at prices like today for the long term.

[hyudien]

Today's move might take 1 month to achieve, but FUD makes it happen in a day

The price crash in the market didn't actually happen in a day. We've been given signs when centralized exchange owners start behaving like little kids. First of all, mutual sarcasm, mutual acquisition, and mutual showing to the public the superiority of each other's exchanges. But the market responded very quickly, and today's tip of the iceberg is quite worrying. I think that if someone is aware of the start of the dispute then the alternative is to secure their assets as soon as possible and for those who are late there is no other reason than to hold until the situation at the beginning of the year starts to show a price reversal. Although it does not guarantee that it will recover in the near future.

[Pagomeo]

Most cryptocurrencies are crashing. Many investors have already lost money.
As we all know the best way in the crypto market is to buy the dip, so is it the right time to buy the dip?

[Gayong88]

Despite the crash that the crypto community is currently experiencing, there are still a few things to consider. The daily range is very large when compared to the moving averages, which shows that there's a lot of volatility.

This means that traders will play games with each other trying to make money through exponential gains and crashes. The only way to overcome this is by widen the stop losses and cut positions after a big move up or down has been made.

[illusioNiZt]

It was showing some upward movements in past few days and now all alt coins are down with BTC going down, I believe its good time to buy in but price might go even lower.

[irhact]

Today's move might take 1 month to achieve, but FUD makes it happen in a day

Negatively easily transfer far than positively, the market will take time to get to a certain gain but loses can happen with in minutes because people will spread such news more. The news media all carried the Binance vs FTX fight but when there's a positive news they'll all ignore it. This is because humans are drawn to violence instead of Peace as they consider that boring. For some time now, the market has been recovery slowly and then just one negative news and we are down -15% or more and now Bitcoin and only altcoins has tasted some new low which will be very hard to recover from.
I don't think we'll recover this year from this crash as we're almost at the last month to end the year and usually times like this people withdraw to spend their money with loves ones. Maybe early next year, the market will get some positive news and turn bullish.

[raidarksword]

Market crash was inevitable due to FTX issues and totally many suffered from this sudden market crash especially to FTT investors and holders, it was truly a devastation effect like what happened to LUNA as well. Now we are back again during the six months we have been through that market is falling and this is considered as FUD effect. Though we can get through this, we have been in this situation many times and it is also inevitable that the market can recover anytime soon.

[blockman]

Today's move might take 1 month to achieve, but FUD makes it happen in a day

FUD can really work for these manipulations. But there have been FUDs in the past that never had work and that's why when there are FUDs like this, they're becoming more extreme than in the past.
I expect that there's more to these FUDs and they're going to be more brutal and fearing when they come but remember, that all you have to think about is the long term and accumulate when they exists at the moment for you to take advantage of it.

It is also important to try to take the smallest risk possible, the people that are getting liquidated due to the current crash are people that were using a massive amount of leverage on their trades, however those that were invested in bitcoin without using any leverage have only lost 20%, an amount which they can easily recover if they hold for a few months or if they perform a DCA strategy, obviously it is too late to do anything for those that were using leverage but it is a good idea they keep this in mind as I think this will happen again.

That's so true. They're overconfident that they'll be able to read the market so they leverage but I don't do that, I know how painful it is to cope up with the market and increase the leverage.
But because of my fear of being liquidated, I'm doing my best to just stay on the spot, and even if the market crashes us more, I'm safe with my position unlike those that are literally gambling with the high leverage that they set. It's okay if they've been doing that for so long and they can attain to take the high risk but for the newbies, they are doing it very wrong.

[arifi19]

This is not a FUD but a planned attack on crypto universe. Make a manipulation on price and then blame all on FUD. What the FUD is this?