Can we get a real thread going about why this dip is occurring?
It's become longer lived and even worse than the December 21st dip which was itself a huge crash. Why is this one even happening right now and will and end and if so when?
Can we get a real thread going about why this dip is occurring?
It's become longer lived and even worse than the December 21st dip which was itself a huge crash. Why is this one even happening right now and will and end and if so when?
Your hands are weak, this is a genetic cleansing going on. Remove your weak genes and let the strong hands take over.
I don’t know op
This is a really bad crash.
For the first time I’m actually thinking about taking my link out of cold storage and selling it all.
Not once have I thought about it this year.
I think it's market manipulation. Wallstreet was talking about getting into crypto recently and they're the only ones with enough money to make $100 billion disappear and reappear.
Pretty sure it's because of more China crackdown on crypto. Not a coincidence that the crash started around 7am China time. It'll recover, just like in the past.
Governments all over are talking about regulating crypto
because ppl are waking up and realizing that crypto is a meme
FUCK CHINA
it went down
It doesn’t take $100 billion to make the market drop $100 billion. It takes considerably less, it could probably be done with $1 billion.
People are paying bills, sell everything you have.
Oh you must be new here. Welcome to the 1 year bear market :)
>Not once have I thought about it this year.
Well its still January. Kek.
user this is what you've been preparing for. You know the HODL memes? This is it
HODLing is easy when the going is good and everything is rising. During the mini-bear times that's when HODLing is hard
That being said you should dump your link for BTC and ETH retard
In continuation, this has happened before and it will happen again. I remember when I was first a newbie and I was watching my precious ETH crash big time, I thought I was fooling myself thinking this is real and it's just a bubble and now it's popping. I was wrong.
If you were investing yesterday, you should still be investing today. If you watch the price and decide from day to day whether you want it, you're doing it wrong
Only buy things you'd feel comfortable HODLing for at least 5 years even if they went to $0 temporarily in the mean time
...
I think it's just the season. We saw dips like this in January 2017. People do weird shit in the winter time. Spend money they don't have, make emotional decisions, regrets, make gradious plans to change their entire lives, etc.
i pray it lasts longer so i can buy moaar
OP here,
Basically everyone seem set on the idea that this is temporary. If it is temporary how temporary?
Can we expect a few more days? weeks? or is the bear year meme not a meme.
do you have the charts for that?
This isn't even a bad dip you pussies.
ignorant and/or stupid if not ment to be a troll post
wtf how did you get that pic of me
It's not bad if it stops now, it is if it carries on and its compounded by the fact there as no complete recovery from the late December dip
CRYPTO IS A MEME
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> you should dump your link for BTC and ETH retard
> Only buy things you'd feel comfortable HODLing for at least 5 years
Very confusing
>thinks this is a crash
get a hodl of yourself men. this is nothing, we're down 20%, december was 25%... the bloodbaths of september and june were over 40%, may was 30%
what we are experiencing is normal, the dip comes, you buy it, fucking pussies.
I went all-in on crypto once I realized it was a meme.
I love how no one has any clue
his hands look so soft
never worked a day in his life
the bubble is finally about to burst.
normie money has dried up.
800billion dollar valuation for vaporware digital monopoly money? lol
tulips
It's just the Koreans fucking around again. Tomorrow everything will be back to normal.
...
holy shit bro
newfags might actually commit suicide in a real crash if they think this is bad
Fate of the market tonight
"It has always crashed only to come back and go on to new highs, therefore it will always be like that."
You and your HODL pals are going to get so fucking anally rekt when the actual crash comes.
God damn this is golden
HAHAHAHA
everyone was talking about how Wall Street bonuses were going to moon everything yet we continue to crash
Are you talking about the altcoin dip?
This is what happens, alts don't pump forever, they have a short bullrun about twice a year.
If you hold alts long term you're asking for wojaks.
100% knew it would crash today. The wallstreet bonus talk was a sure indication.
I of course am hodling till freedom or death.
I like it
What are you talking about most alts have retraced a minimum of 50%, let alone the alts restricted to kuckcoin that are down 70% or more this is a crash
This. Can the newfags please leave.
I mean fuck op look at you.
im on bittrex and whats weird to me is that bitcoin is tanking, and alts are also tanking badly, but when i look down at the overall volume of bitcoin, its actually going up , likea lot of money is entering the exchange? i dont get that
look at charts years ago. this happens every jan
The exchanges are focusing on getting high value investors accounts upgraded. When that happens they start to get to cash out to fiat faster than new money flows in.
Read the recent kraken email
Once the exchanges start opening up new account registrations, it swings back. Or fairx...
just wait til the morning and you can do the whole day again
top kek
i'm a noob but wouldnt that mean people are transferring btc from their personal wallet to the exchange, then selling it for fiat
means more supply on the exchange, plus the price goes down because people are dumping
If this is temporary how long is it going to last?
This. Weak hands are selling low to cash out. Selling at whatever price they can, and tons of people are doing it so volume is soaring. Smart money is buying low.
Agreed. These coincidences are too uncanny. I think it's actually a good thing, this will help to clear out all the bullshit like Tron and start the year with a different tone than the beginning of Jan which was a fucking shitfest - every piece of shit coin tripled in price and no one knew what the fuck was going on.
I think this is a manipulated shake out of the newbie/weak hands. There is massive amount of institutional money about to flow in and they want rock bottom prices before the next bull run.
...
So I can buy more ETH
Maybe if you had a real job as well as the crypto meme you could just HODL and not be a weak handed fgt
Im holding my fucking funds into crypto.
I better not wake up tomorrow to biz spamming pink wojacks or ill fucking off myself mate
Yeah, if its manipulation then it's fine. Fucking bin the shit projects. This was needed, way too much money going into scams and worthless garbage.
Man fuck all these fake articles,it's like some of you actually want to freak people out and cause them to panic sell and lose money. For anyone who's been around for more than 3 months realizes that this is perfectly normal it's not even that bad we used to have 3 4 5 month long Corrections but God forbid I'm only up like 3000% from then. Weak hands will leave. Strong hands will make money but fuck off with this fud. We all on the same fucking team
it could last till August or till next week this stuff is volatile
Look at Ethereum. It hit the high 300's in July last year.
It wasn't until fucking NOVEMBER that it stabilized above that & found a new floor.
In other words, hunker down for a few months you impatient pussies.
God damnit! I meant to buy a shit ton of ETH tonight but I can't do anymore online bank transfers without my bank fucking me over big time and have 0 money in my checking account to pay for it. fuck fuck fuck.
I'm assuming it's only going to last a week
i always tell myself i'll learn from the past, everything is temporary but i never do.
just think i'm invincible at the tops, and like killing myself at the bottoms. repeat
> months
There's no fucking way
Normies are going crazy trying to get into crypto, exchanges are just overwhelmed and can't k keep up with demand
OP, this is just the engine warming up for the next bitcoin pump, we'll all witness it and it will be beautiful.
ACTIVATE CIRCUIT BREAKER
If you didn't cash out on the peak just hold. Otherwise you will lock in the losses.
>most alts
no, alts are down 20% across the market and dominance is still at record levels. if you got memed on something i'm sorry, i can analyze those in isolation if you tell me what coins you are talking about but what i was referring too was market wide, as always there were coins that died and never came back.
from my experience could be days, weeks, months, years... no monster has come along to kill the market, we haven't run out of money, i'm expecting maybe weeks overall, there's always a chance king rises for another run and cucks alts for longer
You think this is serious? Wait until South korea actually announces a ban on crypto.
It will easily take a week or two before we (western world) and China buys up all the losses and makes the market head up again. Those days will be brutal for niglets. So don't be a niglet, just hodl.
BCPT
REQ
ADA
ENJ
PBL
PRL
BNTY
QSP
I could go on. All of these coins are fundamentally solid projects that have dumped 40-65%.
I locked in my price on my Trezor though so it doesn't matter
You only lose money if you sell. And I am still up 200% this month.
You are showing me coins that are coming off the back of huge pumps, fundamentally they got overbought as normies and autists alike piled onto the green, now they're shitting themselves.
Some will return, some will enter the slow bleed phase, the real shitcoins can get stuck for a long time or never return. The game we are still playing is that of flavor of the month, coins get hot, then they cool, it has been this way for a long time. If you held the wrong coins H2 2017 you would have sustained considerable damage against king, even the mighty ETH is still nowhere near recovery. There were still big missions going on but as it turned out king was the easy play many of us neglected, now though many of the normies are on the next BTC thing so I'm not sure if that happens again.
Becuz we all have to pay for the dicks who ran up TRON ADA XRB XVG into the billions and billions not to mention the POES and a billion other penny coins
Many bags must be held for us to resume.
Here’s the fun part - when we resume this run, those baggies ain’t gonna fill back up. It will be new shit or good shit.
>It will be new shit or good shit
this goy gets it.
>mfw newfags calling this a crash
See you at 8k
Hope you've sold those shitcoin bags by then or you're going to get really JUST'd
Nigger, it's not a dip, IT'S A FULL-BLOWN CRASH
SHITCOIN BROKE THE TRENDLINES
$8,000 HERE WE COME
look at every first 2 weeks of january for the past 5 years. newfag
All the dumbass moonboy coins are dying. The market will resume soon with different dumbass moonboys like ADST and some other shit
discuss here
I don't want to cash out, but I'm starting to want to sell a few dumb coins at a huge loss to move them to others which seem likely to rebound quicker. I was dumb for buying into some coins I didn't believe in for "easy money" during the first part of this dip a few days ago.
>implying ADST isn't going to get me into a lambo with high quality porn blasting in it
the margin trader on fire
all markets dip in january you fucking mongs
the absolute state of this board
im done here
what are you holding
Link, ICX, Neo, IOTA and Aion, which I'm fine with holding. But I bought Salt and Cindicator when they tanked thinking they would start rising again soon, and I'm really getting screwed with them. Now might not be such a bad time to get in them, but I was way too early, and afterwards I was too slow to react. They tanked so much they would have to almost double in price so that I break even.
Which alts didn’t have a monumental bull run in the last 3 weeks? Most of them did, reinforcing my original contention that most alts are down enough for it to be considered a crash. Additionally, none of the coins I listed were THAT overbought where a 40-70% correction was warranted. It was a series of elements that negatively impacted everything in the market.
Can you elaborate what you mean by new shit or good shit, brainlet here
this. january is when real shit like christmas bills and a trip to mexico become more important than numbers on a screen.
all the markets will take a shit, then hibernate for for a while, then explode again in march when some shitcoin goes 10x.
Market is going to run so hard tomorrow or Wed burger time.
Its not even really a crash more of a whole market correction have a look at coinmarketcap global charts
>whole market correction
Semantics, that's just another name for a crash.
>Why is this one even happening right now?
They are running out of suckers/buyers.
This is the real answer.
blue chips, real projects will get pounced on at this price
That’s how you know a shitcoin - after a big dip, the best coins fill up fastest.
If you’re thinking “hey now I get cheap TRON or VERGE” you’re done.
Welp, back to robinhood i guess
Thats what i figured you meant, but wasnt positive
Thanks for being helpful user
Do you consider link a shitcoin?
>no complete recovery from the late December dip
Haha I've triplied my money since late December.
expert analysis
*sips tea*
>This """""crash"""""
>Bad
I can't wait for there to be an actual crash so I can watch these glass-hand normies legitimately contemplate suicide