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Author Topic: What happened to the crypto market?  (Read 418 times)
AnonBitCoiner
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June 12, 2024, 11:48:34 AM
 #21

There is no need to be worried about such market dump because it is a normal part of the crypto market like sometimes you will see pump while another time you will see dump but it is better for you to wait some months more to take reward from your already holding altcoins if you are not able to buy more at current dump.

Altcoins are profitable but some are also carrying risk therefore if you have to choose top coins then it should not be fearful situations for you that market is not performing well but in case of new and random coins everyone feels that they will lose money if market does not recover so keep calm and decide to take profit according to your hold coin.



 

 

 

 

 

 


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June 12, 2024, 01:37:49 PM
 #22

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
Whatever the reason behind the decline in market prices, it is something normal to happen. Up then down.

If this down continues, investors are likely to lose their capital.
The long term doesn't matter for Bitcoin investors. As for altcoin investors, it's beyond my power to say what they should do.

Now some tokens are worth 4:1 since my investment time.
Pray for a quick Bitcoin bull market because if Bitcoin experiences a massive rally, altcoins will rise as well. But I'm not an expert to say which token is good for investment.

R


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June 12, 2024, 01:59:13 PM
 #23

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
Whatever the reason behind the decline in market prices, it is something normal to happen. Up then down.
Yes, and we're up by now.

If this down continues, investors are likely to lose their capital.
The long term doesn't matter for Bitcoin investors. As for altcoin investors, it's beyond my power to say what they should do.
You're right that Bitcoin investors won't really be worried at all as most of us are long term holders. Whilst for most of the altcoin holders that don't have Bitcoin, they're the ones that are mostly worried.

IMHO, this has something to do with US inflation rate that has been released by FED.

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June 12, 2024, 02:32:12 PM
 #24

There is no need to be worried about such market dump because it is a normal part of the crypto market like sometimes you will see pump while another time you will see dump but it is better for you to wait some months more to take reward from your already holding altcoins if you are not able to buy more at current dump.

Altcoins are profitable but some are also carrying risk therefore if you have to choose top coins then it should not be fearful situations for you that market is not performing well but in case of new and random coins everyone feels that they will lose money if market does not recover so keep calm and decide to take profit according to your hold coin.
You are investing in a volatile and unpredictable market, so always assume that there won’t be uniform movement of coins or a consistent upward or downward trend. Instead, know that what is currently happening is part of the market, and as long as it’s temporary, one should stay calm and avoid worrying.

If you see bitcoin crashing today, don’t worry tomorrow will never be the same. As long as you are patient with your investment, you’ll never end up panic selling and lose all your funds. That’s the edge of those who are actually confident about the volatility of bitcoin and its market itself.

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June 12, 2024, 03:42:34 PM
 #25

Well, I guess you are new in this kind of market or new in investing in the crypto market. That kind of downward direction or constant decrease in price is pretty normal in a volatile market; it's part in price is pretty normal in a volatile market; it's part of the market and very common, and it can take many more days if possible. That decrease in price could become a good opportunity to buy more assets because if a certain coin or bitcoin, for example, is dropping for a few days, we could buy more bitcoin, and apparently it will go up for some time, and there you've gained some profit. I don't know which market you're talking about or what specific coin it is, but believe me, no matter what happens, if there's a big movement, many investors will raise concerns, and of course there will be analysis or opinions scattered from investors and people who do technical analysis.

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June 12, 2024, 04:09:12 PM
 #26

Market bear time is normal. You can not expect the market to always be of bull run.

Now some tokens are worth 4:1 since my investment time.
You have seen altcoins increased more than 5 times. Some altcoins increased even up to 25 times already. You should expect heavy dump if the market is bearish. There is a reason experienced people also say altcoins are gambling. It is because your $100 can easily become $10 or less within weeks as they can also increase 10 times within weeks.
I think I entered the market at the wrong time. There are reasons to think and reasons to enter the market. In fact I thought the market made a strong candle that might push the market higher and I could make some profit in the short term. But my hunch was wrong and the market went from a strong candle to a sudden downtrend and continued down. Which has now greatly reduced my wealth. My biggest mistake was not using the DCA method. Actually I expected some small profit in short time. But the market stuck me. Anyway, now we have to wait for the next bull run.

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June 12, 2024, 04:21:08 PM
 #27

Whatever the reason behind the decline in market prices, it is something normal to happen. Up then down.
Yes, and we're up by now.
Correct. The graph is straight up in a moment where almost a 6% increase occurs.

The long term doesn't matter for Bitcoin investors. As for altcoin investors, it's beyond my power to say what they should do.
You're right that Bitcoin investors won't really be worried at all as most of us are long term holders. Whilst for most of the altcoin holders that don't have Bitcoin, they're the ones that are mostly worried.
Because real Bitcoin matters will result in certainty from the tokens held.

To get rid of worry about the altcoin you hold, turn around and prepare to become a Bitcoin investor. Altcoin holders will not have the convenience of Bitcoin investors. If you are just starting to dive into the crypto market, we can still understand if your choice is tokens, but if you persist in this choice for too long it is bad.

R


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June 12, 2024, 05:28:24 PM
 #28

There is no need to be worried about such market dump because it is a normal part of the crypto market like sometimes you will see pump while another time you will see dump but it is better for you to wait some months more to take reward from your already holding altcoins if you are not able to buy more at current dump.

Altcoins are profitable but some are also carrying risk therefore if you have to choose top coins then it should not be fearful situations for you that market is not performing well but in case of new and random coins everyone feels that they will lose money if market does not recover so keep calm and decide to take profit according to your hold coin.
That is such a known thing and yet there are still so many people who keep being afraid. I mean ups and downs are very regular part of life in the crypto world, we have seen so many of them happen, we just need to realize that it is going to be something that happens at all times.

Volatility is something bitcoin is literally known for, everyone keeps saying bitcoin is so volatile, if it is so volatile then it means it goes down and it goes up. In that case, why worry about it when it goes down? I mean if it's volatile, that means when it goes down then it will go up, so that means if you buy when it goes down, you are going to see it go up and sell at higher price and make a profit, I feel like that would be a good idea for sure.

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June 12, 2024, 05:41:35 PM
 #29

There is no need to be worried about such market dump because it is a normal part of the crypto market like sometimes you will see pump while another time you will see dump but it is better for you to wait some months more to take reward from your already holding altcoins if you are not able to buy more at current dump.

Altcoins are profitable but some are also carrying risk therefore if you have to choose top coins then it should not be fearful situations for you that market is not performing well but in case of new and random coins everyone feels that they will lose money if market does not recover so keep calm and decide to take profit according to your hold coin.
That is such a known thing and yet there are still so many people who keep being afraid. I mean ups and downs are very regular part of life in the crypto world, we have seen so many of them happen, we just need to realize that it is going to be something that happens at all times.

Volatility is something bitcoin is literally known for, everyone keeps saying bitcoin is so volatile, if it is so volatile then it means it goes down and it goes up. In that case, why worry about it when it goes down? I mean if it's volatile, that means when it goes down then it will go up, so that means if you buy when it goes down, you are going to see it go up and sell at higher price and make a profit, I feel like that would be a good idea for sure.
If you are just new into this market then you would really be definitely be having this kind of reaction on which you would really be thinking that it is over or something that you would be having those thoughts that it would become zero on which this is something that you will be having in mind on which it is really that very common on newbies, but for those people who do have that sufficient experience wouldnt really be that minding that much about these movements as these are movement which are really just that typical or normal within into this market on which it would really be just that a common approach that you will really be needing to ride up with the waves and would really be making most out of it. There are really those individuals who do have that different expressions basing up into their own experience.

Expect the unexpected because this market isnt something that could be known in terms of its movements. You would really be finding yourself on such tough condition if you would
be making yourself that too impulsive whenever you do see that price declines.

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June 12, 2024, 08:33:32 PM
 #30

Whatever the reason behind the decline in market prices, it is something normal to happen. Up then down.
Yes, and we're up by now.
Correct. The graph is straight up in a moment where almost a 6% increase occurs.
Yeah, and that has been back before that up came. A normal volatility scenario for BTC.

You're right that Bitcoin investors won't really be worried at all as most of us are long term holders. Whilst for most of the altcoin holders that don't have Bitcoin, they're the ones that are mostly worried.
Because real Bitcoin matters will result in certainty from the tokens held.

To get rid of worry about the altcoin you hold, turn around and prepare to become a Bitcoin investor. Altcoin holders will not have the convenience of Bitcoin investors. If you are just starting to dive into the crypto market, we can still understand if your choice is tokens, but if you persist in this choice for too long it is bad.
Let's just hope that many of them are going to turn to Bitcoin. The profits that they have made should have been converted into it so that they'll be able to make some good move once Bitcoin moves a lot.

It actually did moved a lot already for this year and we're just waiting for some more. But don't be too greedy for that time because you still need to timing not for BTC but for yourself and decision.

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June 12, 2024, 08:39:37 PM
 #31

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

So that was your bad decision if you are 4:1 on the current market, Even though if the market starts bleeding again, you need to learn more about risk management because here in cutting loss the only weapon you have against the market is your efficient risk management skills. At the same time such temporary market fluctuations do not need to be discussed, be a strong hand focus on the accumulation and risk management.

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June 12, 2024, 09:28:54 PM
 #32

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.
You probably bought during the peak without realizing that the market is very unstable on top. Since the price didn’t break the wall and not able to sustain its momentum, the normal scenario will be this, its a price drop and if there’s no big support it can continue dropping. We have to be more careful in buying crypto, and we should know how to timing it or else your investment will be like this and you might be trap on top as well, also always have your target price and cut loss price level.

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June 12, 2024, 09:58:08 PM
 #33

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.
We didn't have to be too worried about the current market because I have experienced that whenever there is a bull run, there is a similar correction. The market has a special pattern, it acts the same way every time, but the time is different, the rest of the movement is the same, so no one can speculate in such a good way. So, in my opinion, we should not take the movements so seriously, it happens in the bull run. To manipulate the whale market, the market is moved up the pole to liquidate the pole down ie long/short. 
 
The rest was a small correction, now the market has recovered. Actually, the point is that in a bull run, the price needs a healthy correction to make the next strong movement so that it can surge further. So, this is the summary that a correction is part of the market. It definitely happens. In a bull run, he should not be afraid. While considering it as an opportunity, he should do more buying in the next rally.
 
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June 12, 2024, 10:05:06 PM
 #34

The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

Hey it happens and it’s nothing of surprise to anyone that have been here for a while. Maybe you don’t know that’s how it works and it has been so for a very long time. You only focused on it recently and that’s what have made you realized how the market works. If the investors trust the investment they must have done, if it is for the long term, no need to panic for them. When you invest in a coin that is worth the investment, you just watch it play out while you’ve undertaken the proper risk management process involved in investing in a project. As a trader, your risk to reward ratio should be something that is feasible and not what if the market go against will make you lose more. That’s where the importance of risk management comes which you should always abide by for any trade you want to take.

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June 13, 2024, 04:30:09 AM
 #35

There must be a certain reason that every time the market price goes down, it is a natural thing to happen in the crypto market, namely a crash or dump to correct altcoins where there is a price movement, generally the whole coin is the same as last year. We don't need to panic about the price of all coins going down. If investors hold on to the coins they hold, they won't lose their money as long as they don't be afraid of the attitude they have taken previously.

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June 13, 2024, 05:40:07 AM
 #36

I think I entered the market at the wrong time. There are reasons to think and reasons to enter the market. In fact I thought the market made a strong candle that might push the market higher and I could make some profit in the short term. But my hunch was wrong and the market went from a strong candle to a sudden downtrend and continued down. Which has now greatly reduced my wealth. My biggest mistake was not using the DCA method. Actually I expected some small profit in short time. But the market stuck me. Anyway, now we have to wait for the next bull run.
Yes, that's your mistake in choosing an investment method. In my opinion, choose a field that you are really good at. If you haven't mastered it yet, it's a good idea to learn it first before jumping into the market. If I see this, you are playing trading, right? It is indeed difficult to do this job to earn income in a short time, at least before trying it, you must first study the indicators as your basic knowledge before entering the market. If you've tried and always fail, it's best to just choose a method that I think is safe (spot) and continue doing dca every month. Remember to invest to get optimal results you need quite a long time in this case

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June 13, 2024, 11:59:15 AM
 #37

Let's just hope that many of them are going to turn to Bitcoin. The profits that they have made should have been converted into it so that they'll be able to make some good move once Bitcoin moves a lot.

It actually did moved a lot already for this year and we're just waiting for some more. But don't be too greedy for that time because you still need to timing not for BTC but for yourself and decision.
Because it is necessary to switch from altcoins to Bitcoin if you want something certain, especially since post-halving market conditions can still be concluded as a bullish opportunity.

Those who have jumped the fence are the ones who are aware of the advantages of Bitcoin and they will be the ones who will receive real profits.
In recent days, those who dare to make decisions on Bitcoin due to price changes in a short time have made huge profits. If they had dared to buy 1 BTC a few days ago, now they would have made a profit of around $30,000. You can imagine if Bitcoin breaks to $100,000.

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June 13, 2024, 01:29:16 PM
 #38

If you are trying to figure it out the market or the Bitcoin already formed a bullish flag pattern which makes a possible pump and next we are having a sideways price movement now it's up to you if you want to make a sideways with this volatility people doing a DCA and trying to accumulate as possible they can so they can wait now for the Bitcoin to soar high.
Try to build up your strategy or plan this after halving so you don't feel lost what you will need to do this market situation.

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June 13, 2024, 03:13:02 PM
 #39

There must be a certain reason that every time the market price goes down, it is a natural thing to happen in the crypto market, namely a crash or dump to correct altcoins where there is a price movement, generally the whole coin is the same as last year. We don't need to panic about the price of all coins going down. If investors hold on to the coins they hold, they won't lose their money as long as they don't be afraid of the attitude they have taken previously.
it is also related to the increase that occurs in Bitcoin before the decline occurs. it increased several stages in a short time. the market then corrected and that is a normal thing to happen. I don't think there is any serious reporting in the media regarding certain events. because indeed we can see that the decline usually occurs accompanied by certain events. Sometimes people even share large transactions with the exchange, and that creates panic for some people.

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June 13, 2024, 06:29:42 PM
 #40

You don't look like you are new here, so it's strange on why you are still wondering about these things? But to answer your question, I think this was only a correction because I don't see any valid major reasons for this dump so far. Those who will lose their capital because of this are the investors who are not briefed well on what to do during these situations.

But, it was only easy and a simple common sense is only needed. What tokens you are holding anyway? If it's not the established one, you could have sold them earlier because there is a good chance that they will only continue like this and will not recover anymore. This is the bad thing about them. They are not really built well for the long-term.

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