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Author Topic: CRYPTO CRASH  (Read 753 times)
KellyHands
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November 15, 2022, 10:42:16 AM
 #61

There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
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November 15, 2022, 11:47:34 AM
 #62

There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
We don't need to worry about the crypto market crashing right now because we have experienced it many times and I'm sure we can get through it well, especially if we have many backup plans to help us survive. But indeed, many people are often trapped when the market declines and lose confidence in the assets they hold but that's because they don't really hold potential assets like bitcoin. They have to learn more to be patient and be able to wait for the crypto market to pick up again.

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November 15, 2022, 04:24:36 PM
 #63

As you can see, there are many FUDs and it all depends on how you will view the FUDs. and in such market conditions, it is highly recommended not to exit the market at an unprofitable price if you have already entered because it is still very difficult to take advantage of the dips – even for advanced traders.
FUD will always be there and for professional traders they are certainly used to it,
they also certainly know what they have to do but for beginners of course they need to be careful and not panic,
most importantly don't panic sell

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November 15, 2022, 04:42:11 PM
 #64

The cryptocurrency market is game of having fund, when FTX Coin crash, it give many investors opportunity to invest they money into cryto at the dip point. because at that point in time is easy to make profits along the side, base on the coin invested into. The big boys in the industry make a tweet, it affect the market, because the world economy that is already in crises that make people sell off that dropping the cryptocurrency liquidity in Cex exchanges.

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November 16, 2022, 01:07:14 AM
 #65

There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
Right now it is difficult to know for how long the effect of the FUD is going to remain in place, after the collapse of FTX many exchanges began to send to their customers emails proving they were solvent but then they made some suspicious movements after it, if we see more exchanges collapsing even if they are nowhere near as influential as FTX then I would not be surprised if the price kept crashing and the FUD remained in the market for a very long time.
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November 16, 2022, 06:52:21 PM
 #66

There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
Right now it is difficult to know for how long the effect of the FUD is going to remain in place, after the collapse of FTX many exchanges began to send to their customers emails proving they were solvent but then they made some suspicious movements after it, if we see more exchanges collapsing even if they are nowhere near as influential as FTX then I would not be surprised if the price kept crashing and the FUD remained in the market for a very long time.

Yeah right, that will affect the situation if there are more exchange that will collapse even they are not big as FTX but the mentality inside traders and investors mind will be triggered by this kind of situation, they are fearing to lose more after that huge dump that happened with the relation of FTX in this current downfall.

You have to plan your investment and do diligent to investigate while observing the market. You may get that opportunity to buy while everything is falling, then keep your asset and wait for the bounce back.

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November 16, 2022, 07:15:00 PM
 #67

The cryptocurrency market is game of having fund, when FTX Coin crash, it give many investors opportunity to invest they money into cryto at the dip point. because at that point in time is easy to make profits along the side, base on the coin invested into. The big boys in the industry make a tweet, it affect the market, because the world economy that is already in crises that make people sell off that dropping the cryptocurrency liquidity in Cex exchanges.
In recent times, something bad has happened in the crypto market that crypto investors did not expect. A top exchange went bankrupt this way and millions of crypto traders/investors lost their money. This is a very unfortunate incident which can never be good news for the crypto market. This consequence of FTX will have an impact on many more companies and will have a huge impact on the market. So we are in a turbulent situation now, no one knows how the market will react in the coming days. The market will definitely recover but it will take time. And appropriate solutions to these bad incidents.

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November 16, 2022, 09:16:49 PM
 #68

There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
We don't need to worry about the crypto market crashing right now because we have experienced it many times and I'm sure we can get through it well, especially if we have many backup plans to help us survive. But indeed, many people are often trapped when the market declines and lose confidence in the assets they hold but that's because they don't really hold potential assets like bitcoin. They have to learn more to be patient and be able to wait for the crypto market to pick up again.
Agree with what you said, even now regretting doesn't really mean much because indeed with the current condition it seems there is no reason to let go after being hit by Crash so many times like this.
Now all that needs to be done is to wait patiently, nothing else besides that, especially if we have held on for too long, letting go is not a solution in the middle of a crash this time.

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November 17, 2022, 04:20:02 PM
 #69

Today's move might take 1 month to achieve, but FUD makes it happen in a day
the bankruptcy of FTX is not a threat for Bitcoin to die, because Bitcoin is Bitcoin even though FTX went bankrupt and caused a disaster in the crypto world of course Bitcoin will live on,
because indeed Bitcoin was created for all people and is very decentralized, there is no CEO in Bitcoin it is just a technology, different with FTT where SAM is the CEO or CEO of FTX.
we all have to calm down and believe that investing in Bitcoin is much better than in altcoins, because indeed altcoins may go bankrupt just like FTX so stay wise in choosing.
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November 19, 2022, 02:29:38 AM
 #70

The cryptocurrency market is game of having fund, when FTX Coin crash, it give many investors opportunity to invest they money into cryto at the dip point. because at that point in time is easy to make profits along the side, base on the coin invested into. The big boys in the industry make a tweet, it affect the market, because the world economy that is already in crises that make people sell off that dropping the cryptocurrency liquidity in Cex exchanges.
In recent times, something bad has happened in the crypto market that crypto investors did not expect. A top exchange went bankrupt this way and millions of crypto traders/investors lost their money. This is a very unfortunate incident which can never be good news for the crypto market. This consequence of FTX will have an impact on many more companies and will have a huge impact on the market. So we are in a turbulent situation now, no one knows how the market will react in the coming days. The market will definitely recover but it will take time. And appropriate solutions to these bad incidents.
This is similar to what we see when banks collapse and not only this affects the people that had money deposited with them, but also other banks which have lent money to it and now they find themselves in problems as well, FTX was a big exchange and it is likely that many exchanges are facing huge problems right now but they are trying to hide it as they know that if they make this information public traders will get their money out of their exchange and make their situation even more difficult than what it is right now.
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November 19, 2022, 02:47:50 AM
 #71

Agree with what you said, even now regretting doesn't really mean much because indeed with the current condition it seems there is no reason to let go after being hit by Crash so many times like this.
Now all that needs to be done is to wait patiently, nothing else besides that, especially if we have held on for too long, letting go is not a solution in the middle of a crash this time.
if our planning has not reached the target, of course, we have to make another plan to achieve our target.
several options can be taken. but I would rather suggest holding back and being patient until an increase occurs and we will get a profit.
some people have thoughts of cutting loss, we can't blame them. sometimes such options also have benefits. and they will wait for a lower price to come back in and pick them up with profits with a new plan.



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November 19, 2022, 04:23:13 AM
 #72

Yes, FUD acts quicker than the hype which takes time before it reaches people.
It's sad to see that many investors still haven't learned the crypto way. There will always be a time like this and selling will be a big mistake just because a large group is doing the FUD.
I mean, look at Bitcoin, it should always be a good example of all cryptocurrencies because it had gone thru FUD that is created by popular people and sometimes even authorities and yet it's still valuable today.

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November 19, 2022, 07:41:52 AM
 #73

As the price of Bitcoin falls, everyone is saying that Bitcoin and crypto are doomed.  In fact, brother, don't talk unnecessarily, watch carefully and wait for BTC price to increase, then everything will be fine in your market.  If you destroy everything before it starts, it won't work, so wait and wait for the right time to get good results.
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November 19, 2022, 08:29:44 AM
 #74

Now to spread fud looks so fast and easy, so don't be surprised the market will react very quickly to their wishes, we have been through this before and rest assured the crypto market is set up for that.
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November 19, 2022, 01:34:24 PM
 #75

There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
We don't need to worry about the crypto market crashing right now because we have experienced it many times and I'm sure we can get through it well, especially if we have many backup plans to help us survive. But indeed, many people are often trapped when the market declines and lose confidence in the assets they hold but that's because they don't really hold potential assets like bitcoin. They have to learn more to be patient and be able to wait for the crypto market to pick up again.
Agree with what you said, even now regretting doesn't really mean much because indeed with the current condition it seems there is no reason to let go after being hit by Crash so many times like this.
Now all that needs to be done is to wait patiently, nothing else besides that, especially if we have held on for too long, letting go is not a solution in the middle of a crash this time.
We can only continue to be patient in the current crash conditions and keep trying to buy bitcoins even though we feel it is very heavy. That's why we must have money saved to invest just in case we are in a crash condition which is very good to start investing again. If we decide to release or sell bitcoin during this downturn, we will miss a good moment when the price of bitcoin could increase greatly. We will regret that we sold bitcoin too quickly at a low price while we don't have a lot of bitcoin savings. So be patient because the crashes will surely pass.

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November 21, 2022, 03:09:53 PM
 #76

There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
As long as FUD will always be coming and then the crypto market will be so difficult to recover again. I meant if we must also take a look at the current situation where so many people are putting the main concern to the FTX. The ftx's case has become a snowball to the crypto where as the new statement from biden if crypto will get a stricter regulation. It seems like SBF was the main causes from the doom that happened with crypto. These kind of FUD will not end in short term.
This will be going for long term. I think that you must watch from things that already happened before where so many people are complaining a lot about the situation in the crypto.
There are millions of people lose due to the FTX.

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November 21, 2022, 03:21:07 PM
 #77

There's really no limit to what FUD can cause. It always has a multiplier effect and leaves the portfolio of most people in a bad situation. The only consolation we have is that the effect of FUD is short term and the market will always come back stronger and better.
Right now it is difficult to know for how long the effect of the FUD is going to remain in place, after the collapse of FTX many exchanges began to send to their customers emails proving they were solvent but then they made some suspicious movements after it, if we see more exchanges collapsing even if they are nowhere near as influential as FTX then I would not be surprised if the price kept crashing and the FUD remained in the market for a very long time.

Behind every FUD is deception and scamming and its hard for the market to recover because investors are slow to bring their trust back into the market until now the FTX owners are still at large although I read that the authorities are working on their
extradition, it will take some time before FUD minimizes its impact on the market.
It's still the best time to buy but buy only coins that have proven their worth in the market.
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November 22, 2022, 12:14:31 AM
 #78

Yes, FUD acts quicker than the hype which takes time before it reaches people.
It's sad to see that many investors still haven't learned the crypto way. There will always be a time like this and selling will be a big mistake just because a large group is doing the FUD.
I mean, look at Bitcoin, it should always be a good example of all cryptocurrencies because it had gone thru FUD that is created by popular people and sometimes even authorities and yet it's still valuable today.
You are correct, however this is only true for those which invested in bitcoin and other good altcoins, if someone is invested in a bunch of shitcoins then they should be worried as not only the price of their coins will go down but if they keep holding there is a real possibly they will lose all the money they invested in that coin if it crashes to zero, so those people do not really have any good decision they can take, because if they sell their coins they may save some of their capital but their losses will still be considerable at that point.
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November 22, 2022, 06:36:55 AM
 #79

It is true that Bitcoin did crash but this is something we have seen before in the past. I think it’s highly probable that Bitcoin will reach its all time high next year.

The reality is that BTC has progressively reached higher and higher all time records year over year for close to a decade. Continuing adoption by the public, investment by larger banks and institutions and more companies excepting BTC as a form of payment will drive the price to new heights in the forceable future in my opinion.

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November 22, 2022, 11:53:32 AM
 #80

It's really scary how crypto market reacts to FUD but also there is a cause to be panic right now due to what FTX founder did.

If BTC fail to hold the 14k region we are in on a very long bear market unless new big investors come back and invest into crypto maybe after BTC halving, it took a lot of work for us to come this far and now FTX ruined it all.

I have no reason to be worried because this FTX thing is creating another life time opportunity for crypto investors once again, if you invest on the right projects there is no reason to be worry.

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ROLLBOTS
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ROLLBIT COIN
TRADE RLB NOW!
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