Another red day

[dunfida]

I don't know what trend you're talking about. I see bitcoin has been rising all this year and now the price is almost double what it was in January. There may have been a slight downturn in the last few months, but it's probably more of a sideways movement.

well honestly thats true, people are too fixated on bitcoin reaching the new all time high again they forget that bitcoin quite literally rising from its lowest point and doubled the value already.
I think people are just being too much in this case.
recovery and doubling the all time low is already good enough after such massive correction that was prominently being caused by the collapse of many companies.
at least we still have hopes that in the future we'll still have the chance of seeing bullrun.
otherwise its gonna be grim future for bitcoin.

Better to see that gradual increase rather than on seeing that long green candle burst in a short timeframe on which this is an indicative sign that this market isnt something that could be easily be manipulated.
We've come to realize that this wont be called a market if we dont have that red days or something that we called bearish market sentiment on which you should really be needing to be wise to be able to ride with the waves.
Instead of freaking out then it would really be just that wise that you should really be that able to see those opportunities on which you could really take advantage for you to be able to make profits on the time that the market would really be making out some recovery. This should really be your primary target or goal and not really just that focusing on your emotions on which on the time you do see it plummets then you do easily freak out.

[wxa7115]

I don't know what trend you're talking about. I see bitcoin has been rising all this year and now the price is almost double what it was in January. There may have been a slight downturn in the last few months, but it's probably more of a sideways movement.

well honestly thats true, people are too fixated on bitcoin reaching the new all time high again they forget that bitcoin quite literally rising from its lowest point and doubled the value already.
I think people are just being too much in this case.
recovery and doubling the all time low is already good enough after such massive correction that was prominently being caused by the collapse of many companies.
at least we still have hopes that in the future we'll still have the chance of seeing bullrun.
otherwise its gonna be grim future for bitcoin.

That is just the greedy nature of people, also it is very unlikely they bought bitcoin at the bottom as they were afraid that the price will keep falling, so now that they see the price is much higher they want the same kind of recovery to happen, but obviously it wont as that will put the price too close to the ATH already.

And now those same people probably got scared after the most recent drop and they have sold their coins already, demonstrating once again they simply do not have what is needed to become profitable on this market.

[Sebas.tian]

I saw the new drop of the price of altcoins, but am not panicking about the red light, which I believe the green light will definitely show up before the end of this new week for holders to experience bullish season. I think, it is only newbies that will be worry about the red light because whenever there is a red light in the market, there must be bearish season that will make holders not to release their coins than to wait for the green light to appear before they can sell to make a passive income. I believe, ADA, LTC, Solana, and XRP will increase again, and it will be favourable if holders can use this opportunity to add all those coins to their coins because there is a bright future ahead of them.

[WatChe]

I saw the new drop of the price of altcoins, but am not panicking about the red light, which I believe the green light will definitely show up before the end of this new week for holders to experience bullish season. I think, it is only newbies that will be worry about the red light because whenever there is a red light in the market, there must be bearish season that will make holders not to release their coins than to wait for the green light to appear before they can sell to make a passive income. I believe, ADA, LTC, Solana, and XRP will increase again, and it will be favourable if holders can use this opportunity to add all those coins to their coins because there is a bright future ahead of them.

There is drama going on in Bitcoin price for over a week. First we saw bitcoin dropping from 30k to 26k and they making a recovery to 28k before falling to current price of 26k. What lies ahead is not clear, bitcoin may jump to 30k from here or fall further down. As I bitcoin Holder we must not panic and if someone has spare cash he must accurate bitocins that are very much available at discounted rates right now.

[el kaka22]

It looks like it is getting as stable as it gets, this means that we are not seeing any more falls for the time being. This of course doesn't mean that we are never going to see any more falls, of course we could see more falls but that is only going to end up with something that would be different, like we should be ending up with a different approach.

I hope that we go towards higher levels though, that is quite possible because we have already gone down as much as we can and we should be considering going higher at this moment. That is a tough thing to handle because it means a lot of people should spend a lot of money to buy it to make it go up, so it may take a while to get there but I hope next direction is towards upwards.

[wxa7115]

It looks like it is getting as stable as it gets, this means that we are not seeing any more falls for the time being. This of course doesn't mean that we are never going to see any more falls, of course we could see more falls but that is only going to end up with something that would be different, like we should be ending up with a different approach.

I hope that we go towards higher levels though, that is quite possible because we have already gone down as much as we can and we should be considering going higher at this moment. That is a tough thing to handle because it means a lot of people should spend a lot of money to buy it to make it go up, so it may take a while to get there but I hope next direction is towards upwards.

It seems there is a concerted effort by the whales to try to reduce the price as much as they can, and I do not blame them, since they have the power to move the markets they are willing to use it for their benefit.

While people like us cannot do anything but to react to their maneuvers, however not everything is bad, if the price kept going down that would be an amazing opportunity, as the better price we get for our bitcoin now, the better will be our profits once the bull market comes in full force.

[Webetcoins]

I do not think that we could consider this exactly as a "red day" but more like just taking profit, these happens. It was a dead cat bounce and right now we are seeing it change a bit, and going down. It didn't go even further down, it was around here anyway, then went up then went back to here again, not lower. That means it is not a red day to be certain, I mean sure it went down so if you want to call it a red day then you can, but it will not be true at all.

I think it is much better to have something different on the long run and that way you would be able to actually end up getting bigger deals. I think it should be important to make bigger changes to call it something, either much lower, or much higher, these levels are normal.

[Xxmodded]

Current market condition is not another red day but we are in the moment altcoin and bitcoin in stable lower price after big red day last month, every 24 hours I checked Bitcoin and altcoin not progress up or down more than 2% to 10% with consistency stable in lower price. Are there investor not excited for investing in cryptocurrency and we don't get red or green day in market? Almost one month after bitcoin crashing drop from $30k to $25k never see any potential with bitcoin up or down drastically.

Face day by day with market stable in lower price, can't up and down make us difficult for getting profit except have to try with future trading due spot trading not ability earn much profit.

[Fatunad]

Current market condition is not another red day but we are in the moment altcoin and bitcoin in stable lower price after big red day last month, every 24 hours I checked Bitcoin and altcoin not progress up or down more than 2% to 10% with consistency stable in lower price. Are there investor not excited for investing in cryptocurrency and we don't get red or green day in market? Almost one month after bitcoin crashing drop from $30k to $25k never see any potential with bitcoin up or down drastically.

Face day by day with market stable in lower price, can't up and down make us difficult for getting profit except have to try with future trading due spot trading not ability earn much profit.

The only things that matters here is on that people are really that too impulsive or highly reactive when it comes to price movement even they've been here on this market for a while now which it seems that they are really that still get shocked on the time that the market would really be moving -5 -10% a day which is something that you should really be that getting used to.Market cant really be just having a single path to take on which it would really be normal that there would be red days and there would be green days. This is why it would really be that relevant that you should really know on when to get in and when to get out if you are really that planning on having that kind of investment and securing profits but somewhat its never been easy but doesnt mean that its impossible This is why you should really be that making yourself that pretty wary on
how things should really be done and adapt things accordingly. Dont make yourself that too impulsive on things because if you wont really be that serious or minding about risk management and other factors
then you wont really be progress on this type of career.

[Wahyuihib]

Current market condition is not another red day but we are in the moment altcoin and bitcoin in stable lower price after big red day last month, every 24 hours I checked Bitcoin and altcoin not progress up or down more than 2% to 10% with consistency stable in lower price. Are there investor not excited for investing in cryptocurrency and we don't get red or green day in market? Almost one month after bitcoin crashing drop from $30k to $25k never see any potential with bitcoin up or down drastically.

Face day by day with market stable in lower price, can't up and down make us difficult for getting profit except have to try with future trading due spot trading not ability earn much profit.

The only things that matters here is on that people are really that too impulsive or highly reactive when it comes to price movement even they've been here on this market for a while now which it seems that they are really that still get shocked on the time that the market would really be moving -5 -10% a day which is something that you should really be that getting used to.Market cant really be just having a single path to take on which it would really be normal that there would be red days and there would be green days. This is why it would really be that relevant that you should really know on when to get in and when to get out if you are really that planning on having that kind of investment and securing profits but somewhat its never been easy but doesnt mean that its impossible This is why you should really be that making yourself that pretty wary on
how things should really be done and adapt things accordingly. Dont make yourself that too impulsive on things because if you wont really be that serious or minding about risk management and other factors
then you wont really be progress on this type of career.

Yes, right.  because without good management in managing the assets we have, it will be difficult to succeed in this trade.  Therefore, following prices and buying with full calculation is one way that can be taken

[Odusko]

I don't think that this development is still new to many of us in the market as most of us have experienced similar market movement in the past because the altcoins market is still tied to the Bitcoin market movement, so any drop in the price of Bitcoin will have significant impact also on altcoins and this has been the known occurrence since time immemorial.
Altcoin drop is drastic in the same proportion that its value increases during a bull market, Altcoin is higher in risk and higher in return which is why it is called a gamble.

[poodle63]

I do not think that we could consider this exactly as a "red day" but more like just taking profit, these happens. It was a dead cat bounce and right now we are seeing it change a bit, and going down. It didn't go even further down, it was around here anyway, then went up then went back to here again, not lower. That means it is not a red day to be certain, I mean sure it went down so if you want to call it a red day then you can, but it will not be true at all.

I think it is much better to have something different on the long run and that way you would be able to actually end up getting bigger deals. I think it should be important to make bigger changes to call it something, either much lower, or much higher, these levels are normal.

its all just bitcoin making sideways ever since, nothing new, sometimes the correction might be bigger than usually but at the end of the day its just making sideways,
when the price changed drastically that its breaking resistance, then i'd guess thats the time of the market trend changing, otherwise its just gonna be like this, i'd honestly expect things like this
to happen until next year.
after all it seems many institutional investors are hesitant, but i'm sure in next year things will change, currently market sentiment isn't strong enough to break higher, many are still reconsidering to invest.

[dbshck]

Another red day for majors and alts. It's really tough to hold crypto these days I'm afraid this major support on BTC and ETH won't hold much longer after consistently being tested since mid-August.

otherwise its just gonna be like this, i'd honestly expect things like this
to happen until next year.
after all it seems many institutional investors are hesitant, but i'm sure in next year things will change, currently market sentiment isn't strong enough to break higher, many are still reconsidering to invest.

Yeah until there's fresh money coming in I don't think we'll get any meaningful, sustained price increase.