Cryptocurrency Market: Is the Market Crashing? Should You Sell? When Is it Bouncing Back?

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·@aftabkhan10·
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Cryptocurrency Market: Is the Market Crashing? Should You Sell? When Is it Bouncing Back?
![11.jpg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1515681402/mvsao2rqstuglbv4fdie.jpg)


### Are you taking advantage of these low prices and buying on the dip? What are you buying up on this dip? Let us know down below:
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Let's look at the market, as you can see we're at ` $682,439,131,786` in market cap. We have seen a low trend and earlier today `800 Billion Dollars` to `600 Billion Dollars`.

**Coinmarketcap.com**
![Capture.PNG](https://res.cloudinary.com/hpiynhbhq/image/upload/v1515681372/aqlmpfdanzvwlk6jkvp9.png)


**So we've already made some type of recoup from this low trend over the last 24 hours. What it shows that money is coming back into the marketplace with some fluctuations.**

There are some people selling off, there's some people panic selling especially after the ***`Korean Won was removed from the total price calculation on Coinmarketcap`***. We saw a massive **sell-off** day after everything crashed except Nebulas. Nebulas stayed strong but basically the market had slowly recuperated and then just caused more sell-offs because people were probably still unsure about their position. 

> ***Now when the big sell-off happened, anyone that held as soon as the price recuperated a little bit, we saw this with a lot of coins people then took the opportunity to sell with somewhat of a profit because they were afraid that they would never see the all time highs of the coins that they once held.***

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**But guy's you don't need to panic in this state of the market, this is extremely normal. If you look at the market cap chart over a course of year, this happens all the time. The market will rise and inflate very quickly and then you'll see a lot of correction and sell-off and people taking their profits from like getting an early on a coin and seeing 10x gains or 20x gains, you're going to see people peel back out of the market.**

**I guess, we are going to see all these prices boom**, but when will the market recover? 

*I believe the market will not recover for at least three to more days, I think we are going to see more dip-in over the next three days in certain currencies. Obviously certain currencies will go up, certain currencies will make money, but a lot of these currencies are going to be in the red because I think there is some serious market correction that needs to happen. Alot of these currencies don't belong in the top ten, the top twenty, the top thirty, so you are going to see a lot of those hype coins and pump and dump coins kind of fall to the wayside and get burried and some of the coins with better utility and more of a structure around them are going to see massive rises in the next month.*

> ### *`So basically, when Coinmarketcap took out Korean Won, that kind of hurt the marketplace. I wish they would have stated 48 hours in advance like ***hey we're going to remove the Korean Won, prices might look different, don't panic`***.* 

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But they didn't do that, so it really hurt the market, because when people woke up in the morning and they were like, ***" hey what the heck, my currency I am invested in, it dropped `25-30%` overnight, I got to get out of here.***

> ### So guys this is a classic example of you need strong hands, you have to hold the currency that you believe in. You can't be just one of those hype people.

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