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Economy => Trading Discussion => Topic started by: fadel on November 29, 2017, 11:11:17 PM



Title: i lost 20% of my budget
Post by: fadel on November 29, 2017, 11:11:17 PM
why are all these cryptocurrencies are going down?


Title: Re: i lost 20% of my budget
Post by: layoutph on November 29, 2017, 11:25:14 PM
Because you bought at the top.  Don't  worry we are just in the bitcoin correction. If you want to grow your bitcoin.  Then buy alts,  if you want to save the usd value then sell your bitcoin to USDT.

why are all these cryptocurrencies are going down?


Title: Re: i lost 20% of my budget
Post by: 949miner on November 29, 2017, 11:39:39 PM
It means that you are so impacient, you bought at an all time high, and you are complaining? Which altcoins have you bought? Bitcoin is going down, but there is nothing to worry about because we all know that it will recover back again sooner or later.

I think that you only bought crappy alts, because most of them are at least at -3% or -5% maximum, the only ones who are -20% are those who are over the top 85* of coinmarket cap.

I dont understand why a lot of people are still investing in those crappy coins, monero, ethereum & litecoin are always going to be the most profitable altcoins that are already listed.


Title: Re: i lost 20% of my budget
Post by: Proximity Scan on November 29, 2017, 11:40:58 PM
Because you bought at the top.  Don't  worry we are just in the bitcoin correction. If you want to grow your bitcoin.  Then buy alts,  if you want to save the usd value then sell your bitcoin to USDT.

why are all these cryptocurrencies are going down?

Most of us bought them at the top. I know how to act patient, it is the key everybody says. If we sell with panic, we lose more money than 20% then it's the best to wait patiently. The market could go up harder following days.


Title: Re: i lost 20% of my budget
Post by: Hamphser on November 29, 2017, 11:51:56 PM
why are all these cryptocurrencies are going down?
Welcome to crypto world buddy! This is the risk you should really be aware off since you do invest into coins which are really very volatile and if you do lose up money then you just simple bought on peak prices and which the price did go down why we do lose up some of our capital which is common. Wrong entry would really result into a loss for sure but we should not panic instead on selling on loss better to hold it off since theres still chance that it would really recover up soon.Better to buy more cheaper alts.


Title: Re: i lost 20% of my budget
Post by: Jaya912 on November 29, 2017, 11:52:48 PM
Because you bought at the top.  Don't  worry we are just in the bitcoin correction. If you want to grow your bitcoin.  Then buy alts,  if you want to save the usd value then sell your bitcoin to USDT.


How can we know if our decision to buy or sell bitcoin is nearly good choice??
Buy altcoin  i think better choice than just sell it into usdt.
Altcoin down since the effect of bitcoin price getting higher.


Title: Re: i lost 20% of my budget
Post by: dihari on November 30, 2017, 12:50:57 AM
remember one thing in crypto exchange, you will never lose if you don't sell your coin.
people are only looking on how crypto asset going up, they don't really know about the volatility of crypto. when you the price drop, it's a normal. all you need to do is patient.

The stock market is a device for transferring money from the impatient to the patient. – Warren Buffett


Title: Re: i lost 20% of my budget
Post by: hersey27 on November 30, 2017, 12:58:34 AM
Maybe because you invest on a dump coins.. It sometimes
happened when you become impatient and
 didnt think twice.be careful and smart for next time so things
 like this wont happen again.


Title: Re: i lost 20% of my budget
Post by: C10H15N on November 30, 2017, 12:59:21 AM
Relax, have a beer, and HODL. 


Title: Re: i lost 20% of my budget
Post by: lenj on November 30, 2017, 01:02:33 AM
why are all these cryptocurrencies are going down?

In trading is recommended to use stop loss for maximum loss that you can get.
20% is maximum i think in my strategy. Altcoin remain down since price of bitcoin is grow so much.


Title: Re: i lost 20% of my budget
Post by: mk4 on November 30, 2017, 01:27:11 AM
why are all these cryptocurrencies are going down?
You must be new here. :P Simply because you bought at the wrong time. I'm not the one to judge, but you probably just blindingly invested and purely FOMO'd out due to the huge price spikes on most cryptocurrencies.

Why are the prices going down? Because we can never expect any cryptocurrency(or any stock and investment) to go up forever. We win some, we lose some. If you are to go into cryptocurrency investing and trading, you need to get used to and understand cryptocurrency's price volatility.


Title: Re: i lost 20% of my budget
Post by: terrific on November 30, 2017, 01:50:27 AM
why are all these cryptocurrencies are going down?
Haha don't panic man, get used to it. Are you just a new time trader or you've been here in awhile when BCH, Eth and other alts are pumping? People are pulling out their funds on crypto and most of them are the whales so the price is affected and that is the reason why you've lost 20%. Don't sell, just wait for it everything will be good after this storm.


Title: Re: i lost 20% of my budget
Post by: entrepmind23 on November 30, 2017, 01:53:41 AM
why are all these cryptocurrencies are going down?

First of all, welcome to the world of cryptocurrency! Base on your question, it seems that you just made your first investment in cryptocurrency. Almost all cryptocurrencies are going down because bitcoin is having a major move. Many altcoins are traded with bitcoin as base currency that's why when bitcoin makes a massive move going up or down, altcoins are affected. Besides, bitcoin has been climbing up for the past few days so it is normal for it to have a correction because some would sell their coins. Maybe someone just say to you to invest perhaps because it is going up? Well, if this is the case then you should have search first where you are putting your money. Just relax and hold your coins because it will go up eventually. Do not panic sell.


Title: Re: i lost 20% of my budget
Post by: johnrickdalaygon on November 30, 2017, 01:57:13 AM
Price of altcoins are going down because currently Bitcoin is in more demand. Because crypto just like all other investment platforms or businesses has its ups and downs. It kind of works like a Lifeline. Yes, the machine you see in hospitals which tells if a patient is alive or vice versa.


Title: Re: i lost 20% of my budget
Post by: richcorner100 on November 30, 2017, 02:04:27 AM
This is always happen like this, because demand of BTC increasing and many trader sell their altcoin. And can be you bought that coin  on the top, but if you chosed good fundamental coin I think the price still enable to going more up and back to normal. But if you would like to do short trade, you can cut loss it then buy other coin that in the deep price and take profit about 10%-20% enough especially for altcoin that paired with BTC, because price of BTC strong bullish now.


Title: Re: i lost 20% of my budget
Post by: Mevz on November 30, 2017, 02:18:32 AM
It means that you are so impacient, you bought at an all time high, and you are complaining? Which altcoins have you bought? Bitcoin is going down, but there is nothing to worry about because we all know that it will recover back again sooner or later.

I think that you only bought crappy alts, because most of them are at least at -3% or -5% maximum, the only ones who are -20% are those who are over the top 85* of coinmarket cap.

I dont understand why a lot of people are still investing in those crappy coins, monero, ethereum & litecoin are always going to be the most profitable altcoins that are already listed.

You're right with that, why people invest in a coin with no proves of success and much worst is sometimes its a shitcoin, being brainwashed with the scammers. Im so very disappointed from the altcoins now so many release coins and i see no future with the new coins.


Title: Re: i lost 20% of my budget
Post by: nicolas1979 on November 30, 2017, 03:05:10 AM
why are all these cryptocurrencies are going down?

That's real market works my friends, up and down without no one know when it happen and it's good. This is the moment when we decide to sell/ hold fast, because we can loss our asset just like you. I believe you know what happen but you look's doesn't have stop loss and that's really bad. As trader/ investor we need crypto has low price to buy again and some people take risk with " cut loss ". Cryptocurrencies will falling down if there's negative news or supply and demand not balance any more. Just keep calm and wait the right time to buy again. See you next time.


Title: Re: i lost 20% of my budget
Post by: pinoyden on November 30, 2017, 03:12:55 AM
why are all these cryptocurrencies are going down?

not all cryptocurrencies are going down, maybe some exeption like altcoins. though its just pretty normal and happens all the time due to their volatility but dont worry because they will also recover soon as long as you have patience and willing to wait. so cheer up , for sure you will get your invested capital back soon with a much greater return.


Title: Re: i lost 20% of my budget
Post by: DGulari on November 30, 2017, 03:27:28 AM
why are all these cryptocurrencies are going down?
First of all, not all cryptocurrencies are going down. There are still few of coins/tokens which going up.
Secondly, what coins/tokens you have bought?


Title: Re: i lost 20% of my budget
Post by: aardvark15 on November 30, 2017, 03:48:01 AM
why are all these cryptocurrencies are going down?

Don’t panic, it’s just a temporary correction. The price went up very quickly and some people decided to sell to take profits.

The price will eventually rise back to a new high but it will probably be a more steady rise than before. There is always a lot of volatility with cryptocurrency prices but we know that the trend is up and there are lots of new investors buying these days.


Title: Re: i lost 20% of my budget
Post by: cpfreeplz on November 30, 2017, 03:49:47 AM
Lol you lost 20%!? How?! Hahahahaha if you bought at the top you would be down like 10% right now! Did you buy high and sell low? Omg that's hilarious. Just hold onto your real money (Bitcoin) and get out of that hyperinflation riddled shitcoin known as fiat.


Title: Re: i lost 20% of my budget
Post by: creeps on November 30, 2017, 03:58:04 AM
why are all these cryptocurrencies are going down?

You really lost 20% ? then why sell at lost ? Don't trade with your weak emotion because you can surely loose big money. In trading it takes a lot of patience and strategy if you're trading without it well I really expect that you will loose. The basic with trading is buying low, and selling high you should know this at least.


Title: Re: i lost 20% of my budget
Post by: peter0425 on November 30, 2017, 04:10:58 AM
why are all these cryptocurrencies are going down?

Because traders are just cashing it out. Those who have bought the price at the bottom is selling to take profits. Its normal for traders to do that. However, if you buy altcoins at the top then you can't do anything but to hold and hope that the price could go up again and see your investment gain. Its really a mental barrier for most trader to cash it out because the price is all-time-high for some of the coins. And most of them are shifting to bitcoin because its having a massive bullrun and they don't want to miss the boat.


Title: Re: i lost 20% of my budget
Post by: Jedie22 on November 30, 2017, 04:12:51 AM
why are all these cryptocurrencies are going down?

In trading is recommended to use stop loss for maximum loss that you can get.
20% is maximum i think in my strategy. Altcoin remain down since price of bitcoin is grow so much.

If you lost 20% percentage of your budget maybe because of your strategy which is not successful. Well, its been always part of this kind of investment, downs and ups is always in our side but you should learn your mistake in order to overcome does unsuccessful techniques. Anyways, since the value of bitcoin grows rapidly we can't blame that some of altcoins will go down. But, I believed that there will some altcoins will be increased and your 20% lost will rare to happend again, as long as you've learned your mistakes.


Title: Re: i lost 20% of my budget
Post by: batang_bitcoin on November 30, 2017, 04:36:38 AM
Obviously you bought at peak. That's usual that when you buy bitcoin and altcoins on green after that there will be a correction. Just be patient and wait for its comeback, dont hesitate and rush good thing and return will be coming back to you. Dont attempt to sell it or else you will be losing more.


Title: Re: i lost 20% of my budget
Post by: Indrawan77 on November 30, 2017, 05:27:11 AM
Because when you bought you make the wrong decision, and it's depend on the alt coin that you bought, there are possibilities that the coin wont go up again, for this few weeks the market of alt coins are very unstable, unpredictable coin can rise high and the suddenly drop down, you need to speculate wisely if you want to trade alt coin


Title: Re: i lost 20% of my budget
Post by: Btc_1856 on November 30, 2017, 05:35:20 AM
I think right now option is holding because with the increasing price of Bitcoin, altcoin prices are decreasing. So right now the only option we have is holding as long as you make double return on your investment.


Title: Re: i lost 20% of my budget
Post by: Herbert2020 on November 30, 2017, 07:03:11 AM
why are all these cryptocurrencies are going down?

because the altcoins are pump and dumps and they are standing on a broken edge, with a little wind they drop in the depth of the valley!
and this little wind was the bitcoin price drop that we are currently experiencing. all the fluctuations that bitcoin has these days is attracting all the traders back to bitcoin market. obviously they dump their altcoins to get bitcoin to sell during the drop and then buy back after it ended to make a lot of profit using that dip. and money exiting altcoins means they get dumped hard like this.

don't worry though, these alts that are getting dumped now, will soon get pumped if they reach the bottom successfully. some that don't drop much won't recover much either. but those that drop big time will recover big too.


Title: Re: i lost 20% of my budget
Post by: Brama Jasa on November 30, 2017, 07:05:43 AM
maybe you do not analyze before buying coin, you buy at high price and sell at low price, as well as you give limid transaction if up and down the coin price, every trading there must be its loss


Title: Re: i lost 20% of my budget
Post by: wall101 on November 30, 2017, 07:16:07 AM
so the coins really drop down when the value of bitcoin increases so it's normal for you to lose because of the trading you are selling and you must accept that you lose because you enter that and you must be prepared for the challenge that you are also risky trading is just a gambling because gambling is too risky in trading.


Title: Re: i lost 20% of my budget
Post by: Rhaizan on November 30, 2017, 07:27:14 AM
maybe you do not analyze before buying coin, you buy at high price and sell at low price, as well as you give limid transaction if up and down the coin price, every trading there must be its loss

In terms of trading you should be ready about losing money, but you can avoid losing your money if you study first what to do before you trade.


Title: Re: i lost 20% of my budget
Post by: okala on November 30, 2017, 07:43:50 AM
You lose when you sell below the price you bought and this happen on all the markets. I have been thinking why should someone buy a coin at the distributions cycle of the trading angle and expect not to lose its money. Sorry for your loss but try to buy any coin when there are low and sell them when ever the price appreciate.


Title: Re: i lost 20% of my budget
Post by: GAUMZEE on November 30, 2017, 07:47:52 AM
Could anyone suggest me a trader or exchange were the lowest prices of Bitcoins are available ?


Title: Re: i lost 20% of my budget
Post by: GAUMZEE on November 30, 2017, 07:49:46 AM
You lose when you sell below the price you bought and this happen on all the markets. I have been thinking why should someone buy a coin at the distributions cycle of the trading angle and expect not to lose its money. Sorry for your loss but try to buy any coin when there are low and sell them when ever the price appreciate.

Rightly said the value of coins is subject to market cycles.


Title: Re: i lost 20% of my budget
Post by: GAUMZEE on November 30, 2017, 07:52:13 AM
You will regain what you lost in the next growth cycle just hold on to it.Its similar to investing a mutual fund the longer you hold the better it is.


Title: Re: i lost 20% of my budget
Post by: megget on November 30, 2017, 08:01:16 AM
why are all these cryptocurrencies are going down?
If you invest for a long period, then this is normal, just wait a while. If you trade, then your entry was a mistake. Also a mistake was not to put a stop-loss, in this case you would not have a deposit loss of 20%. In any case, there is no point in fixing.


Title: Re: i lost 20% of my budget
Post by: donovank on November 30, 2017, 08:15:23 AM
Correction, nothing to worry about

Tonight the episode of the Big Bang Theory featuring bitcoin is airing, might bring an interesting twist for the daytraders


Title: Re: i lost 20% of my budget
Post by: EinWert on November 30, 2017, 08:20:28 AM
Cause its top of pumping and anything price will go down for correction


Title: Re: i lost 20% of my budget
Post by: illyiller on November 30, 2017, 10:48:46 AM
why are all these cryptocurrencies are going down?

When the price of BTC rises sharply, most altcoins will dump. When the price of BTC drops sharply, most altcoins will dump. The altcoin market requires just the right conditions: sideways congestion or prolonged grinding top in BTC/fiat price action.

At some point, people need to come to terms with the fact that alts/tokens were in a bubble in the first half of the year. It takes time for the market to bottom out and for the weak hands to get shaken out.

I'll say one thing. I'm still mostly holding only BTC. But I have started accumulating a few altcoins... slowly scaling in. And I'm certainly not dumping anything I've bought in this range, no matter what happens now. Sell after 95% drop from the top? No thanks! :P


Title: Re: i lost 20% of my budget
Post by: dvillier on November 30, 2017, 11:40:25 AM
it appears that you simply made your first interest in digital money. All cryptographic forms of money are going down in light of the fact that bitcoin is having a noteworthy move. Numerous altcoins are exchanged with bitcoin as base cash that is the reason when bitcoin makes a gigantic move going up or down, altcoins are influenced. Additionally, bitcoin has been moving up for as far back as few days so it is typical for it to have a remedy since some would offer their coins. Possibly somebody simply say to you to contribute maybe on the grounds that it is going up? All things considered, if so then you ought to have look first where you are putting your cash. Simply unwind and hold your coins since it will go up in the end.


Title: Re: i lost 20% of my budget
Post by: stunvn on November 30, 2017, 11:48:23 AM
If I were you I will cut lost immediately.
Look at the chart of altcoins from May to today.

Never hodl altcoins. Trade and sell short-term 1-3 weeks.

You will see many better altcoin that sounds better than old ones. People will rush in those new alts and leave the old ones to death.

Look at the chart. NEVER HODL ALTCOINS!


HODL the STRONGEST COINS on the CMC: BTC, ETH, BCH or LTC your choice.


Title: Re: i lost 20% of my budget
Post by: civilufo on November 30, 2017, 11:51:20 AM
I tell you a story and you should know what to do. I heard someone said he bought bitcoin at 7k, then nervous and sold at 5k. Now, you should know what is the current bitcoin price.


Title: Re: i lost 20% of my budget
Post by: macchiato on November 30, 2017, 11:55:50 AM
Maybe because you broke the traders' rule which is buy low, sell high. These previous months, bitcoin price is extremely high. During this time, it is not advisable to buy because instead of gaining, you will lose. Be patient and don't panic sell or buy because that will hurt your budget.


Title: Re: i lost 20% of my budget
Post by: nydiacaskey01 on November 30, 2017, 12:09:21 PM
why are all these cryptocurrencies are going down?
Its not a rule of thumb that whenever price of BTC goes up, cryptos will start turning red, what happen is its a market reaction that alt holders will start to cash in an enjoy the price surge of BTC but its not forever, it will recover just be patient and hodl. If you have extra and still willing to take the risk, buy more alts since the price is down.


Title: Re: i lost 20% of my budget
Post by: popeye95 on November 30, 2017, 12:30:44 PM
why are all these cryptocurrencies are going down?
Because you are holding altcoins which is going tank hard because of bitcoin, either hold it or sell and cut your loss.


Title: Re: i lost 20% of my budget
Post by: palle11 on November 30, 2017, 12:31:50 PM
remember one thing in crypto exchange, you will never lose if you don't sell your coin.
people are only looking on how crypto asset going up, they don't really know about the volatility of crypto. when you the price drop, it's a normal. all you need to do is patient.

The stock market is a device for transferring money from the impatient to the patient. – Warren Buffett

Talking about , " you will never lose if you don't sell your coin". I also use to hear that but recently I think I'm thinking not to always follow that all the time because of my experience lately.

Although ,it was with an altcoin that was bullish and has gone really dip now . Still on the waiting game  ;D


Title: Re: i lost 20% of my budget
Post by: krayzie32 on November 30, 2017, 01:12:30 PM
I think you should sell all your altcoin and buy Bitcoin now. When Bitcoin recovers, you can earn profit again. You should not be greedy. Let sell at the $12000


Title: Re: i lost 20% of my budget
Post by: goaldigger on November 30, 2017, 01:42:02 PM
Maybe because they get its peak price. I notice it too that the bitcoin is going down now. Its not surprising tho knowing that its price pumped up this last few weeks and now its going down. You should know that it is so volatile before you invest right? Do you? But if you dont want to lose , just dont sell it yet.


Title: Re: i lost 20% of my budget
Post by: drawoh14 on November 30, 2017, 01:46:39 PM
why are all these cryptocurrencies are going down?
Just hold whatever coins you have, bitcoin is dropping that is why many alts are affected, it will recover sooner or later just do not do panic selling in times of dropping


Title: Re: i lost 20% of my budget
Post by: rajsimran on November 30, 2017, 01:52:49 PM
why are all these cryptocurrencies are going down?
because bitcoin price pumping and dumping so high.And people are interested in bitcoin because of btc pump and dump.So just wait for few days market will be up.Nothing to do right now :)


Title: Re: i lost 20% of my budget
Post by: sabrikks on November 30, 2017, 01:55:14 PM
i think it's just a price correction so don't panic , but it's better no not to trade right now as the market is very unstable now


Title: Re: i lost 20% of my budget
Post by: St4yInTh3D4rk on November 30, 2017, 01:58:08 PM
why are all these cryptocurrencies are going down?

If you are expecting profit from your investments,then you must wait for some months are year.Never expect profits from the next day of your investments.
I hope you bought the potential crypto currencies or else you just sell your trash coins immediately and buy coins like bitcoin,ethereum,monero and litecoin these are the best crypto currency for long term investment.


Title: Re: i lost 20% of my budget
Post by: Dudeperfect on November 30, 2017, 04:09:41 PM
Because it went up.

It is an open secret that Bitcoin's rally is not the organic growth but the result of institutional investor's game and if the price is going down then it clearly means that those investors are done with it. However, their exit might create a domino effect on the market which will promote the panic selling wave. Thankfully, Bitcoin is here to stay and will perform better in the long run and nothing to worry about it. Corrections will keep the market healthy.


Title: Re: i lost 20% of my budget
Post by: waqasniaz007 on November 30, 2017, 04:23:22 PM
You will only loose money in crypto if u sell. Do not chase the high price. always buy on dip and sell on high. Patience is they of sucess.


Title: Re: i lost 20% of my budget
Post by: flower1024 on November 30, 2017, 05:26:27 PM
Because it went up.
Right there is no surprise in this dump. and many people are waiting for this movement to buy their fav coins for less price.

You will only loose money in crypto if u sell. Do not chase the high price. always buy on dip and sell on high. Patience is they of sucess.

Yes this is the panic time many people will get panic by seeing the price drop. don't get panic again all coins will rise in few days. so now it is buying time.


Title: Re: i lost 20% of my budget
Post by: gatti on November 30, 2017, 05:42:37 PM
If I were you I will cut lost immediately.
Look at the chart of altcoins from May to today.

Never hodl altcoins. Trade and sell short-term 1-3 weeks.

You will see many better altcoin that sounds better than old ones. People will rush in those new alts and leave the old ones to death.

Look at the chart. NEVER HODL ALTCOINS!


HODL the STRONGEST COINS on the CMC: BTC, ETH, BCH or LTC your choice.

Ya some what right.If  you inverse in altcoin means,just fix a plan to sell it in short term.Altcoin is some what risky compared to bitcoin.It will be survey for short term.Investing in altcions is not a bad decisions,lack to choose the best among that is the mistake.

Strong Coins,Bitcoin,Eth,Bitcoin cash,Waves,Lite coin.


Title: Re: i lost 20% of my budget
Post by: bering on November 30, 2017, 05:42:50 PM
the main cause is you buy at the high price so when it dropped then your coins mostly will dropped too but if your current coin is major altcoin such as ETH,LTC or bitcoin i think there is no worried about that because it will went up back but currently you have to more patience to wait the correction price


Title: Re: i lost 20% of my budget
Post by: lite on November 30, 2017, 05:56:08 PM
why are all these cryptocurrencies are going down?
It's because of bitcoin's upward movement! altcoins tend to go down when bitcoin starts it's upwards rally.

You will only loose money in crypto if u sell. Do not chase the high price. always buy on dip and sell on high. Patience is they of sucess.
Yep, that's true. never sell at loss, never invest what you can't afford to lose.


Title: Re: i lost 20% of my budget
Post by: dieselmeister on November 30, 2017, 07:00:46 PM
This is the correction of the market. You should not to worry. In 2018, they will recover soon.


Title: Re: i lost 20% of my budget
Post by: sana54210 on December 05, 2017, 03:30:52 PM
why are all these cryptocurrencies are going down?
One basic rule of trading, never buy when everyone is buying. If you did not enter a market when it is still on the huge lows, do not bother yourself much again about such a market when it starts pumping. However, a lot of correction is going on at the moment and you should learn to use your stop loss if you are trying to enter a market. Nevertheless, also understand that patience is a virtue and you can just chill or look for more money to buy in when they go lower, so you can leverage on some good profit when they get pumped back.

Its not a rule of thumb that whenever price of BTC goes up, cryptos will start turning red, what happen is its a market reaction that alt holders will start to cash in an enjoy the price surge of BTC but its not forever, it will recover just be patient and hodl. If you have extra and still willing to take the risk, buy more alts since the price is down.
Absolutely, nothing lasts forever. The going down of the alts are just going to happen for a while, very soon after the correction is over, most traders will start buying in back and then we see the prices going back up. Just like you said, instead of panicking, the best thing is to see these moments as an opportunity to make some profits from the dip.


Title: Re: i lost 20% of my budget
Post by: ss890 on December 05, 2017, 03:59:03 PM
why are all these cryptocurrencies are going down?

This is why one should always wait for very very long time after making the investment. Look at the market at current situation. It has gotten up by 200% if we compared your investment back in those months. I mean bitcoin and even other crypto coins are up by very much high difference by now and thats why I think its better to invest and wait before we can predict anything.

Im speaking here on this old post because I want to give everyone the proof of that "patience" which can bring us profits in long run. Now imagine the same investment today, which is neither + or which is neither - and we can easily earn +100% in next 6-8 months after seeing all the hypes in the market and after listening to what speculators has to say. This is the way we should work with the crypto currencies.


Title: Re: i lost 20% of my budget
Post by: passwordnow on December 05, 2017, 04:25:16 PM
why are all these cryptocurrencies are going down?
It's because the crypto market doesn't have any control whether it will pump or being dumped. And why are you worried about it? Are you still new to this market? Before getting in you should know what are the pros and cons of crypto investment/trading. Law of supply and demand is applicable in all aspects of crypto's when there are too many supplies in the economy their price are going down because many are selling.


Title: Re: i lost 20% of my budget
Post by: Chronos_angel on December 05, 2017, 04:30:05 PM
why are all these cryptocurrencies are going down?

this may be due to the rise in bitcoin prices but believe in certain altcoin prices will soon rise after the bitcoin is corrected


Title: Re: i lost 20% of my budget
Post by: Kr-sama on December 05, 2017, 05:45:28 PM
why are all these cryptocurrencies are going down?

this may be due to the rise in bitcoin prices but believe in certain altcoin prices will soon rise after the bitcoin is corrected
Yeah. Most of the cryptocurrencies have been falling down in the last few days. Because of the price correction. But it is starting to rise back up now. Bitcoin's price is also starting to rise again, even hitting an all time high. Almost reaching $12,000.


Title: Re: i lost 20% of my budget
Post by: naidray on December 05, 2017, 05:45:55 PM
If I were you I will cut lost immediately.
Look at the chart of altcoins from May to today.

Never hodl altcoins. Trade and sell short-term 1-3 weeks.

You will see many better altcoin that sounds better than old ones. People will rush in those new alts and leave the old ones to death.

Look at the chart. NEVER HODL ALTCOINS!


HODL the STRONGEST COINS on the CMC: BTC, ETH, BCH or LTC your choice.
I have always seen people saying be patient, do not worry they will get back up sooner, but normally a good trader should find the best form of exit even before entry and 20% to me is still something very good now as far as I am concerned.

It is good most times like you said, to cut loss, and get back in a better position if possible. I have never been comfortable holding alts for too long; except for some I got from trading and decided to hold for the long term in my wallet. For trading however, it is a No! If they do are not going the way you expect, let them loose.


Title: Re: i lost 20% of my budget
Post by: passivebesiege on December 05, 2017, 06:03:08 PM
why are all these cryptocurrencies are going down?
Not all its actually depends what coin you bought make sure before buying any coin you already search about the project and not just listened to the FUD thats why you buy it. self learning is the best weapon to low the risk of buying altcoin.


Title: Re: i lost 20% of my budget
Post by: LodisMcguire on December 05, 2017, 06:32:36 PM
Well because bitcoin is still rising and still on correction all alt is dropping
You have to decide either cutloss or hold,you should ask others about your portofolio
If you're holding useless coin then cutloss immediately


Title: Re: i lost 20% of my budget
Post by: BartS on December 05, 2017, 09:38:36 PM
why are all these cryptocurrencies are going down?
Why, because it happens sometimes there are not reasons for something like that, it seems you are a trader and as such you are going to try to understand the way the market moves, but sometimes the only thing you can do is to accept what the market is giving to you, if I were you I will just hold and wait to get profits, but the fact that you are a newbie and seem upset about this tells me that maybe you should try to think if trading is in fact the best option for you.


Title: Re: i lost 20% of my budget
Post by: erickkyut on December 05, 2017, 10:40:04 PM
why are all these cryptocurrencies are going down?

Fluctuation is very normal. Crytocurrency market is very volatile. Don't be sad or lose hope if the value of your coins are very low. If you will hold it, it will surely pump. Just think of it as a chance that you can add more coins to your protfolio at a cheaper price.


Title: Re: i lost 20% of my budget
Post by: Qunenin on December 07, 2017, 03:37:35 PM
why are all these cryptocurrencies are going down?

Nothing is lost if you don't sold in lost. All the alts are down but bitcoin is rising, but this is not anything to be in panic. If you hold the altcoins and can wait, they will come back up and you will be in profits. But if you sell in loss , then i am afraid you lost in trading and made a wrong decision.


Title: Re: i lost 20% of my budget
Post by: nydiacaskey01 on December 07, 2017, 05:43:57 PM
I lost 25% of my Bitcoins today in my Poloniex account not because it was hacked but Its because I tried to hold an altcoin a little bit longer thinking that it will recover but unfortunately, the alts that I bought continued to drop until I sold for BTC. Others may think its not a wise move because we all know that it will recover eventually, I have other plans that I think will help me gain back what I lost from the altcons carnage today.


Title: Re: i lost 20% of my budget
Post by: Barbut on December 07, 2017, 06:11:57 PM
I lost 25% of my Bitcoins today in my Poloniex account not because it was hacked but Its because I tried to hold an altcoin a little bit longer thinking that it will recover but unfortunately, the alts that I bought continued to drop until I sold for BTC. Others may think its not a wise move because we all know that it will recover eventually, I have other plans that I think will help me gain back what I lost from the altcons carnage today.
That is happening with my ballance too, in august my balance in altcoins was around 60 mbtc, now same amount is around 23 mbtc when I checked last time. Prices are rising in dollars or stay the same, while many of them lose value in bitcoins. I hold some coins still, I think they will rise in future, I try to not give to much credit to different speculations, you believe in something or not, I think better times will come and i wait them.


Title: Re: i lost 20% of my budget
Post by: el kaka22 on December 08, 2017, 06:39:08 PM
why are all these cryptocurrencies are going down?
It's because the crypto market doesn't have any control whether it will pump or being dumped. And why are you worried about it? Are you still new to this market? Before getting in you should know what are the pros and cons of crypto investment/trading. Law of supply and demand is applicable in all aspects of crypto's when there are too many supplies in the economy their price are going down because many are selling.
You think everyone really read about cryptocurrency and the whole idea of blockchain technology before they got here? SO many people just heard crypto is the booming investment and then they decided to give it a try without even bothering to know all that is necessary to know so they do not fall a victim of being a panic when situations like this arrive.

In the case of OP, patience is absolutely required in the crypto world. I have held some coins for long and when they eventually pumped, they gave me even far more than I even expected.


Title: Re: i lost 20% of my budget
Post by: Fuhre on December 09, 2017, 09:06:14 AM
It seems you don't know the motto of a trader, buy when the price goes down, hold it, then sell when the price reaches far from the price that someone purchased. If your emotions are so high, you definitely experience this by selling below the purchase price, if you can hold your emotions, I feel you will not lose your own budget. Crypto market like this but only temporary, anytime the price can exceed the price you buy.


Title: Re: i lost 20% of my budget
Post by: wuvdoll on December 09, 2017, 05:45:42 PM
why are all these cryptocurrencies are going down?

this may be due to the rise in bitcoin prices but believe in certain altcoin prices will soon rise after the bitcoin is corrected
Yeah. Most of the cryptocurrencies have been falling down in the last few days. Because of the price correction. But it is starting to rise back up now. Bitcoin's price is also starting to rise again, even hitting an all time high. Almost reaching $12,000.
Yeah, the thing is that patience is all that is needed. No one can have it all at once. The fact that they are 20% lesser today does not mean they may not be 100% greater in value or more by tomorrow. I have seen a lot of altcoin with such a huge level of increase in a short while.

There is always no point selling at loss if someone is sure of the coin they are holding not to be shit coin which in that case would be the worst thing to do bag holding any shit coin, except you luckily get out when the market gets pumped.


Title: Re: i lost 20% of my budget
Post by: BartS on December 09, 2017, 11:36:13 PM
If I were you I will cut lost immediately.
Look at the chart of altcoins from May to today.

Never hodl altcoins. Trade and sell short-term 1-3 weeks.

You will see many better altcoin that sounds better than old ones. People will rush in those new alts and leave the old ones to death.

Look at the chart. NEVER HODL ALTCOINS!


HODL the STRONGEST COINS on the CMC: BTC, ETH, BCH or LTC your choice.
I have always seen people saying be patient, do not worry they will get back up sooner, but normally a good trader should find the best form of exit even before entry and 20% to me is still something very good now as far as I am concerned.

It is good most times like you said, to cut loss, and get back in a better position if possible. I have never been comfortable holding alts for too long; except for some I got from trading and decided to hold for the long term in my wallet. For trading however, it is a No! If they do are not going the way you expect, let them loose.
Well, alts are really not meant to be held for long, you need to always be ready to dump them if the necessity arises, like when the price is dropping very fast or when you reach your target price and you are happy to sell, the only coin worthy of holding for the long term is bitcoin but I understand why some people may prefer to hold other coins since bitcoin is extremely expensive and it does not seems like it is going to get any cheaper.


Title: Re: i lost 20% of my budget
Post by: sotoshihero on December 09, 2017, 11:53:02 PM
I lost 25% of my Bitcoins today in my Poloniex account not because it was hacked but Its because I tried to hold an altcoin a little bit longer thinking that it will recover but unfortunately, the alts that I bought continued to drop until I sold for BTC. Others may think its not a wise move because we all know that it will recover eventually, I have other plans that I think will help me gain back what I lost from the altcons carnage today.
That is happening with my ballance too, in august my balance in altcoins was around 60 mbtc, now same amount is around 23 mbtc when I checked last time. Prices are rising in dollars or stay the same, while many of them lose value in bitcoins. I hold some coins still, I think they will rise in future, I try to not give to much credit to different speculations, you believe in something or not, I think better times will come and i wait them.

Oh well you are not alone. I hold only the altcoins without realizing that bitcoin will reach this too much high. I lost in bitcoin value but in dollar its almost the same or sometimes higher from it original value. Though I gained also but not very much if it is park in bitcoin. I learned my lesson.


Title: Re: i lost 20% of my budget
Post by: cydrix on December 10, 2017, 12:18:18 AM
why are all these cryptocurrencies are going down?
Cant helped that bitcoin is at its correction time.Maybe you've bought the expensive ones and at the top might be better if you bought the most fresh at cryptocurrency world and it is sure to grow cause other trader will monitor it as well. Being a trader is risky sometimes even if youd have lost a big amount of money dont panic and dont sell it easily let time be your guide and experience the hardships.


Title: Re: i lost 20% of my budget
Post by: stryker on December 10, 2017, 12:22:27 AM
why are all these cryptocurrencies are going down?
20% is not too much.
The cost of all these altcoins fell down, because there was an active growth of bitcoin. So everything is arranged here, investors and traders are pumping money between bitcoin and alts. If you intentionally did not sell an altcoins, then don't worry and wait for the next growth.


Title: Re: i lost 20% of my budget
Post by: astronaut_in_the_sky on December 10, 2017, 12:45:17 AM
It means that you are so impacient, you bought at an all time high, and you are complaining? Which altcoins have you bought? Bitcoin is going down, but there is nothing to worry about because we all know that it will recover back again sooner or later.

I think that you only bought crappy alts, because most of them are at least at -3% or -5% maximum, the only ones who are -20% are those who are over the top 85* of coinmarket cap.

I dont understand why a lot of people are still investing in those crappy coins, monero, ethereum & litecoin are always going to be the most profitable altcoins that are already listed.


LTC is questionable, we already saw once how it showed itself...


Title: Re: i lost 20% of my budget
Post by: Getmon on December 10, 2017, 01:26:17 AM
why are all these cryptocurrencies are going down?

It might be hard to accept the fluctuations of the market for a newbie or beginner like you. But sooner or later you will be able to realize that the market of cryptocurrency is basically a very volatile one. There are always rising and dipping of prices in coins and tokens. Otherwise, the market will look like a stagnant one. Market fluctuation is a healthy sign. It means the market is vibrant.


Title: Re: i lost 20% of my budget
Post by: sana9826 on December 10, 2017, 01:42:00 AM
due to btc price that so high, it affects to some altcoins to be dumped, because the altcoin holders wont miss the train to catch the bitcoin. you're only loss 20% of your budget, there so many people loss 100% when head of huge loss, try to keep satisfy with your effort, for tomorrow, try to count every decision you made to avoid the loss.


Title: Re: i lost 20% of my budget
Post by: meyklove on December 10, 2017, 01:57:55 AM
I see to possibilities why your losing 20%. Bitcoin keeps rising and the coins are correcting their conversion to bitcoin. And maybe you bought it in high price and didn't bought it when its on dip.


Title: Re: i lost 20% of my budget
Post by: desi92 on December 10, 2017, 02:13:06 AM
Price of altcoin is going down because the price of bitcoin increase. Normally bitcoin price will affect to altcoin price too.
And maybe you bought the altcoin too high and now its the correction.


Title: Re: i lost 20% of my budget
Post by: herurist on December 10, 2017, 02:38:47 AM
why are all these cryptocurrencies are going down?

Altcoin down because supply & demand not balance anymore, it's natural no one has control about it. You should know, this is the best moment you can buy again but first, fix your strategy ( it will change your stop loss, take profit and money management ). Image if cryptocurrencies never go down, you'll never have chance to buy again ( grow up capital ). Face it and enjoy your activity. Have a nice day.


Title: Re: i lost 20% of my budget
Post by: TyrellWellick on December 10, 2017, 02:54:33 AM
Everything is a risk bud. Just gotta keep an eye to the real thing. After all, it's an investment. You can get either of two things, you made your money worth the shot or lost it.


Title: Re: i lost 20% of my budget
Post by: Jaya912 on December 10, 2017, 02:56:09 AM
Going down in market is expected by trader who take chance to buy low.
If you bought altcoin just remember to buy in low price. If you buy in high price it think the price will go down as correction. Make sure to buy popular altcoin. Its better than pump and dump coin.


Title: Re: i lost 20% of my budget
Post by: Lani-Tani on December 10, 2017, 04:03:54 AM
Price of altcoin is going down because the price of bitcoin increase. Normally bitcoin price will affect to altcoin price too.
And maybe you bought the altcoin too high and now its the correction.
But why bitcoin affect to altcoins? They have nothing together and the price should be separated.


Title: Re: i lost 20% of my budget
Post by: Disna on December 10, 2017, 04:41:24 AM
in trading the price up and down is a natural thing, don't panic or you will regret when the coins you buy will rise higher than the price you buy time things you need to do wait for the right time to be able to resell and earn bigger profits


Title: Re: i lost 20% of my budget
Post by: Supercrypt on December 10, 2017, 08:33:16 AM
why are all these cryptocurrencies are going down?

this may be due to the rise in bitcoin prices but believe in certain altcoin prices will soon rise after the bitcoin is corrected
Nothing lasts forever. Bitcoin price will definitely experience some correction at some point and when that happens, we will end up seeing some good number of Altcoin doing their thing. So far, a whole lot of attention has been shifted away from Alts even despite all they bring to the crypto table, as time goes on when bitcoin gets stabilized and this whole bull run stops for some time, then we will have some breathing space for some of these alts.


Title: Re: i lost 20% of my budget
Post by: slashz9 on December 10, 2017, 10:50:45 AM
I think it's a common thing but maybe the main cause is the rise in bitcoin prices that are too high so the value of altcoin weakened all, but I think you have to be patient because the market will always change


Title: Re: i lost 20% of my budget
Post by: hitrawal91 on December 10, 2017, 05:42:36 PM
why are all these cryptocurrencies are going down?

The cryptocurrencies are going down because they are in pullback or short correction mode, which comes after every strong rally and infact use this opportunity to enter a strong position with valid entry and exit points which will be planned by yourself according to your tradeplan. And the problem you lost 20% is all because of bad planning, I recommend you to make a good trade plan before taking any trade entries and then trade according to that plan and your money management.


Title: Re: i lost 20% of my budget
Post by: SamsungBitcoin on December 10, 2017, 06:17:09 PM
I think it's a common thing but maybe the main cause is the rise in bitcoin prices that are too high so the value of altcoin weakened all, but I think you have to be patient because the market will always change
Correct, it showed that value of altcoin are based on the bitcoin value, theres no wrong with you mate we do not expect the quick increase in bitcoin value even my altcoin all of their value are decrease deeply but i only keep them because i know it will change in the next year which will be ghe year of altcoin.

Hoping OP will recover its losses, i will recommend that do not be panic that is the main reason why many users suffer for losses and missed the opportunity to earn profit. We are here in crypto no stable value of coins all of them are changing constantly we should timing to buy and sell to earn good profit.


Title: Re: i lost 20% of my budget
Post by: nabilanur on December 10, 2017, 06:18:19 PM
Don't worry for this matter.Because all cryptocurreces have a connection with bitcoin.Suddenly bitcoin going on the moon and all altcoin price are dump. :'(
Just wait for altcoin next pumping.


Title: Re: i lost 20% of my budget
Post by: Lhaine on December 10, 2017, 06:22:43 PM
Its hard to accept that you lose your money in just one click, but you need to accept that losing money is part of trading, that's natural, just study a lot about trading so you have learn avoid losing money  .


Title: Re: i lost 20% of my budget
Post by: Bonsaiav on December 10, 2017, 09:29:55 PM
why are all these cryptocurrencies are going down?

This viewpoint seems reasonable because it is largely consistent with i`m everyday experience.
But, you haven`t lost everything yet.
Actually, you can just continue with good, because there`s still some crypto that survive and keep going up.
Do the analysis here https://coinmarketcap.com/


Title: Re: i lost 20% of my budget
Post by: mx667 on December 10, 2017, 09:54:31 PM
Its hard to accept that you lose your money in just one click, but you need to accept that losing money is part of trading, that's natural, just study a lot about trading so you have learn avoid losing money  .
One of the most painful things about trading is that. From the beginning you decide to do trading, you must know the risks and consequences of every action and transaction you make. In every transaction you make when trading, it must save the risk between loss and profit. You can lose and profit at any time, different if you build a store or a company. Keep learning if you believe that you can be successful with trading, but if you do not like to take risks, you should look for other opportunities to channel your ability and time. You can try to build a mining business, or work on projects to raise money.


Title: Re: i lost 20% of my budget
Post by: Pedro18 on December 10, 2017, 10:03:03 PM
why are all these cryptocurrencies are going down?

It's okay. You just need to wait for the altcoins action, it's because bitcoin is still pumping, bitcoin is very fast to reach high prices. When bitcoin price is high, altcoins price is very low. We just need patience.


Title: Re: i lost 20% of my budget
Post by: Superways on December 10, 2017, 10:46:22 PM
why are all these cryptocurrencies are going down?
keep patience and you will see the price of them again increasing. If you are talking about only bitcoin then it is only a smaller correction and because of some rumors people are selling and when they will find that the price will increase then they will again start to buy and for other altcoins I think people are putting their money in bitcoin right now and when they earn their profit then they will come back to altcoins so the price of them will again start to rise.


Title: Re: i lost 20% of my budget
Post by: Nerman on December 10, 2017, 10:47:24 PM
why are all these cryptocurrencies are going down?

Most likely you are new to trading in general because if you understand trading you would know right away that correction is inevitable. If you bought on the peak price and sold it at the bottom then you need to rethink your strategy. Always have a game plan when doing a trade because if you do not have one you will lose not only 20% but 100% of your budget. Do more research about technical analysis or at least the very basic of candle sticks. Try to also research wave patterns.

Also be cool and do not be emotional this seems easier said than done but if you become emotionally unattached to your trading you will be a better trader.


Title: Re: i lost 20% of my budget
Post by: jackiemixon2 on December 10, 2017, 11:28:27 PM
Don't be panic man, the price will come back soon, just because Bitcoins are attracting the volumes of investors, they will withdraw from Bitcoins and invest back to altcoin soon.


Title: Re: i lost 20% of my budget
Post by: karungbitcoin on December 11, 2017, 08:40:23 AM
That normal and always just like that, but if you plan to hold that coin dont panic take easy and just patient to wait the price will be reborn to the normal. But if you now on day trade and you bought on the top much better cut loss right now and buy back in deeper price so the risk will be less.


Title: Re: i lost 20% of my budget
Post by: henmark on December 11, 2017, 09:36:31 AM
why are all these cryptocurrencies are going down?
It's because the crypto market doesn't have any control whether it will pump or being dumped. And why are you worried about it? Are you still new to this market? Before getting in you should know what are the pros and cons of crypto investment/trading. Law of supply and demand is applicable in all aspects of crypto's when there are too many supplies in the economy their price are going down because many are selling.
You think everyone really read about cryptocurrency and the whole idea of blockchain technology before they got here? SO many people just heard crypto is the booming investment and then they decided to give it a try without even bothering to know all that is necessary to know so they do not fall a victim of being a panic when situations like this arrive.

In the case of OP, patience is absolutely required in the crypto world. I have held some coins for long and when they eventually pumped, they gave me even far more than I even expected.
What is not visible that can’t be trusted thoroughly. Bitcoin is one of the most impressive currency of the world and now it is making sure that this fact will be true in upcoming few years. And for investing and trading in bitcoin, you need to be patient enough that this amazingness of bitcoin can make you rich. For that, believe in your coin and stay calm while prices are not in your favor.


Title: Re: i lost 20% of my budget
Post by: streazight on December 11, 2017, 07:16:19 PM
why are all these cryptocurrencies are going down?
Not all its actually depends what coin you bought make sure before buying any coin you already search about the project and not just listened to the FUD thats why you buy it. self learning is the best weapon to low the risk of buying altcoin.
Any coin can go down, whether is a good coin or a shit coin. The market is volatile, so I won’t say seeing drops in prices is dependent on the coin that was bought. However, for someone who wants to hold for a very long term, this should not be a concern as the coins will get a place in the hearts of investors later on and for those even with little market caps, they have a way of growing hugely later on.


Title: Re: i lost 20% of my budget
Post by: raven7886 on December 12, 2017, 04:23:58 PM
why are all these cryptocurrencies are going down?
keep patience and you will see the price of them again increasing. If you are talking about only bitcoin then it is only a smaller correction and because of some rumors people are selling and when they will find that the price will increase then they will again start to buy and for other altcoins I think people are putting their money in bitcoin right now and when they earn their profit then they will come back to altcoins so the price of them will again start to rise.
Patience is a lot of attribute needed to be able to successfully make good decisions in the crypto world either as holders or as traders.

It is not going to always be easy, but as long as you know what you are doing and you understand what you are investing in, then the last thing you will ever do is to be worried. In no time, a good market always gets back in shape and then you see it get pumped again.


Title: Re: i lost 20% of my budget
Post by: bitgolden on December 14, 2017, 03:35:00 PM
Don't be panic man, the price will come back soon, just because Bitcoins are attracting the volumes of investors, they will withdraw from Bitcoins and invest back to altcoin soon.
It happens all the time. That is one of the reasons I have always tried my best to stop trading just any altcoin anyway. I prefer having alts with some pretty nice volume, knowing that no matter what it cannot get as bad as I can ever imagine it.

Shits are always bound to happen but the thing is that over time, the market gets pumped back like you said, once traders are cashing out profit and looking for a good trade.


Title: Re: i lost 20% of my budget
Post by: Genrix on December 14, 2017, 04:47:23 PM
Don't worry man, 20% in crypto is not so much, take care about risks and decide, whether you trade or invest


Title: Re: i lost 20% of my budget
Post by: Rosa Paula on December 14, 2017, 05:10:08 PM
why are all these cryptocurrencies are going down?
sorry for your loss.We see that If bitcoin pumping then all altcoin dump.To trade you have to control your emotions in mind.The crypto market always fluctuate.So If you control your emotion and keep Patience and wait for next pump then I hope you recover your losses.


Title: Re: i lost 20% of my budget
Post by: Quidat on December 14, 2017, 05:45:44 PM
why are all these cryptocurrencies are going down?
keep patience and you will see the price of them again increasing. If you are talking about only bitcoin then it is only a smaller correction and because of some rumors people are selling and when they will find that the price will increase then they will again start to buy and for other altcoins I think people are putting their money in bitcoin right now and when they earn their profit then they will come back to altcoins so the price of them will again start to rise.
Patience is a lot of attribute needed to be able to successfully make good decisions in the crypto world either as holders or as traders.

It is not going to always be easy, but as long as you know what you are doing and you understand what you are investing in, then the last thing you will ever do is to be worried. In no time, a good market always gets back in shape and then you see it get pumped again.
Patience would really be a crucial thing on trading world which this thing is commonly needed for us not to make possible wrong actions because of our emotions which is the common reason.If you did invest on strong project which do really good on long term then dont panic and do believe that they would eventually go back up again just remember not to sell on lose since we can anytime wait up for price recovery.


Title: Re: i lost 20% of my budget
Post by: Imfinnabeon on December 14, 2017, 06:48:17 PM
why are all these cryptocurrencies are going down?

Some will say bubble, some will say correction, I simply think the free markets want to hold more bitcoin as of now and that is why money is being pulled out from alts. Give it some time when people get bitcoin gains they will look to diversify and that day or days alts will boom in my opinion.


Title: Re: i lost 20% of my budget
Post by: BartS on December 15, 2017, 12:05:39 AM
I lost 25% of my Bitcoins today in my Poloniex account not because it was hacked but Its because I tried to hold an altcoin a little bit longer thinking that it will recover but unfortunately, the alts that I bought continued to drop until I sold for BTC. Others may think its not a wise move because we all know that it will recover eventually, I have other plans that I think will help me gain back what I lost from the altcons carnage today.
As long as you have a plan and you are not improvising then you can do whatever you want, just make sure to have a realistic plan, since I'm not a trader I'm a lot more passive when it comes to my investments I do not like to have a big turnover, once I buy a coin I have a tendency to keep that coin for a very long time, probably a few years before considering selling.


Title: Re: i lost 20% of my budget
Post by: RoseLavender on December 15, 2017, 12:07:58 AM
Enjoy your gains these days ^^, most alts have been up these past days quite steeply, hope you got your budget back.


Title: Re: i lost 20% of my budget
Post by: el kaka22 on December 15, 2017, 05:49:37 PM
That normal and always just like that, but if you plan to hold that coin dont panic take easy and just patient to wait the price will be reborn to the normal. But if you now on day trade and you bought on the top much better cut loss right now and buy back in deeper price so the risk will be less.
Yeah, there are some coins that you really do not need to worry about in cases like this, most especially when you are holding them for the long term.

They will always come back better and will never be stagnant for long. I really do not see why any holder should even be worried. Also, except for those who are really trading and they know what they are doing, they would have known the best thing to do in losses situation like this.


Title: Re: i lost 20% of my budget
Post by: std1391 on December 15, 2017, 05:53:34 PM
most of these coins are manipulated by whales , just be paitent , almost 99% of the coins are higher than last year same time!


Title: Re: i lost 20% of my budget
Post by: HatakeKakashi on December 15, 2017, 06:10:45 PM
If you see the altcoij that you have decreased or down the price better if you hold that. Because it's normal all coin is decreasing price. But don't worry and for sure you will earn more profit in the future if yiu hold that coin like few years or longterm. All you need is patient because if you have that you can wait the price to increase so you can make a profit. Those people are failed in trading don't have patient so tjey lose some of their capital and they lose profit.


Title: Re: i lost 20% of my budget
Post by: pisston on December 15, 2017, 08:08:17 PM
If you see the altcoij that you have decreased or down the price better if you hold that. Because it's normal all coin is decreasing price. But don't worry and for sure you will earn more profit in the future if yiu hold that coin like few years or longterm. All you need is patient because if you have that you can wait the price to increase so you can make a profit. Those people are failed in trading don't have patient so tjey lose some of their capital and they lose profit.
I think that each who deals with the works of understands that in the upcoming there is always a and ups and fall. therefore, did not in retrospect, it is necessary to strive to go ahead. need to put on those moments that are more promising, let and expensive to date as bitcoin.


Title: Re: i lost 20% of my budget
Post by: JCLee on December 15, 2017, 08:42:16 PM
LOL. You no need to worry about it, It's just because the whales are trying to buy all good potential cryptocurrencies with lower price so they dump the price of the cryptocurrency they wanna buy :)). For now everything is going fine again :D. When you join trading, this case will happen again and again so you no need to worry about it :D


Title: Re: i lost 20% of my budget
Post by: futile-resistance on December 16, 2017, 08:28:35 AM
Don't worry man, 20% in crypto is not so much, take care about risks and decide, whether you trade or invest
Yes this is not so much big amount. Keep trying yourself going up and making the progress. Everyone is not winning every time. Every time you would be in profits, there must be some losses coming along your way. You must keep them in mind and keep trying hard to earn more. If this happened with you once, don’t get worried. Buy more and play with this, it will give you fruits.


Title: Re: i lost 20% of my budget
Post by: qiwoman2 on December 16, 2017, 08:52:39 AM
Don't worry, this is very normal in digital currency trading. I had lost 95% of my whole budget but slowly now things are coming back and appreciating at least in dollar value. Of course if  had sold everything back then in July for Bitcoin I would have now a sizable investment but still am grateful that we can make money in this space if we keep at it and not give up. Main thing is don't panic everything you see your portfolio go down, it can go up also and it looks like 2018 may be the year that makes many cryptarians millionaires.  :)


Title: Re: i lost 20% of my budget
Post by: wayaneka on December 16, 2017, 09:18:15 AM
Dont panic, the cryptocurrency is so high fluktuasion and if you choosed the right coin and that coin good in fundamentally the price will be going up again, just wait patiently, but if you bought in the top for the better cut loss it and buy again in cheaper price, but this is need more time to do it.


Title: Re: i lost 20% of my budget
Post by: DGulari on December 16, 2017, 11:40:41 AM
Dont panic, the cryptocurrency is so high fluktuasion and if you choosed the right coin and that coin good in fundamentally the price will be going up again, just wait patiently, but if you bought in the top for the better cut loss it and buy again in cheaper price, but this is need more time to do it.
Your first and last sentence are contradicting. First you said just wait patiently because it's only fluctuation. But in the end, you are saying it's better to cut loss when the price is lower than you bought it. See?

Don't worry man, 20% in crypto is not so much, take care about risks and decide, whether you trade or invest
Yes this is not so much big amount.
If you have invested 100 btc and it down 20% (down 20 btc) is it still "not so much big amount?"


Title: Re: i lost 20% of my budget
Post by: dewi91 on December 16, 2017, 01:57:24 PM
don't sell if you will lost your money.. your purpose of investing to make a profit. usually price go down just temporary, I suggest you should keep hold your coins until the price rise up and sell at the right time to get profit..


Title: Re: i lost 20% of my budget
Post by: streazight on December 20, 2017, 02:55:36 AM
I tell you a story and you should know what to do. I heard someone said he bought bitcoin at 7k, then nervous and sold at 5k. Now, you should know what is the current bitcoin price.
What a story! However, your story plays out for someone that is holding for long anyway and I really do not know what a trader will be looking at to let the value gets so low to that point before selling for profit unless the person is probably a newbie.

The truth is for anyone who is not a trader, there is no point being bothered about what the value of cryptocurrencies are at those moments. The best thing is to buy when they are at dips and even get more profit in the long run.


Title: Re: i lost 20% of my budget
Post by: hritevanz on December 20, 2017, 03:16:06 AM
why are all these cryptocurrencies are going down?
Did you lose the 20% of your budget just because of cryptocurrencies are going down? If it's the reason then probably you earned 50% of your budget as of now because the digital currencies are continuously increasing these past few days and most of the expert keeps on telling to hold you coins and wait for the shocking positive value this coming year. However, the bitcoin experience decreasing of value today compared to yesterday's value which is almost at $20,000. As the matter of fact, most of us had lots of questions and thoughts about the negative issues happening to bitcoin's value.


Title: Re: i lost 20% of my budget
Post by: ngacengan on December 20, 2017, 04:43:03 AM
why are all these cryptocurrencies are going down?

not all digital currencies decline, if it decreases it is just price correction and take profit only, if you are hooked and sell your coin at cheap price then you will lose, should hold and wait until the price back to normal.


Title: Re: i lost 20% of my budget
Post by: ipanks on December 20, 2017, 04:48:01 AM
I think everyone on cryptocurrency loss their budget too like you and they still try to recover their money although it is difficult. I think it is normal because I am sure that someday your loss will be back and even you will earn a big profit because you don't panic and still wait for the price increase back. the most important thing here is how we can manage our emotions to not panic and not worried because we are losing our budget and if you are having difficulties to manage your emotions then I suggest you take a rest for a while from cryptocurrency and do not open your computer.


Title: Re: i lost 20% of my budget
Post by: coinblazer17 on December 20, 2017, 05:11:27 AM
why are all these cryptocurrencies are going down?
Sorry hear that, Is time to buy BTC-UNB,now Bc its possible UNB, will hit back 12k !!


Title: Re: i lost 20% of my budget
Post by: rachelia13 on December 20, 2017, 05:12:41 AM
You are not alone dude, I think there are many people out there who also lose 20% of their budget or even more, including me who have ever lost my budget up to 50%. That's why we call it trading, we can not predict when prices will rise or fall. My advise is if the price of the coin that you bought down far away,  you can sell the loss to buy back at a low price if you play short term, but if you are patient enough to wait then you can hold the coin until the price rises, all depends on your decision, and do not forget never panic if the price drops, take it easy because the price will surely rise


Title: Re: i lost 20% of my budget
Post by: manismanja on December 20, 2017, 06:21:12 AM
why are all these cryptocurrencies are going down?

how do you feel? definitely feel depressed if you have to lose capital worth 20%, in the trading world we must be patient and should be able to analyze the market do not get too lust to get a lot of profits and do not easily fooled by negative issues, save coin you buy as an investment.


Title: Re: i lost 20% of my budget
Post by: gabmen on December 20, 2017, 01:01:11 PM
why are all these cryptocurrencies are going down?

how do you feel? definitely feel depressed if you have to lose capital worth 20%, in the trading world we must be patient and should be able to analyze the market do not get too lust to get a lot of profits and do not easily fooled by negative issues, save coin you buy as an investment.

Well that's common though and many traders won't even flinch if they lose that amount since it can be earned back if you know what yo do. And simply being composed and holding instead of selling at a loss can avoid those setbacks


Title: Re: i lost 20% of my budget
Post by: warunacrypto on December 20, 2017, 01:13:13 PM
i would like to say before you invest your money you need to learn about the value of  different type of crypto currency and take some analyse behavior in market.


Title: Re: i lost 20% of my budget
Post by: PrinceCaspian on December 20, 2017, 01:46:38 PM
Losses can be recovered and because of those losses you will be more careful in doing your next actions in maybe trading or investing and it is really great to see some people who are falling down because that is the test for them if they are going to make their losses as their inspiration or they will just let their losses take over them and make their fear wins.


Title: Re: i lost 20% of my budget
Post by: Urbanbypas on December 20, 2017, 01:59:35 PM
why are all these cryptocurrencies are going down?
Do not fuss, most often you need to remain calm and not sell coins when they fall. Yesterday I wanted to sell bitcoin at the time of the fall, but did not do it, now it becomes more expensive.


Title: Re: i lost 20% of my budget
Post by: neite99 on December 20, 2017, 02:11:35 PM
They all go down because people are panicing and dumping them and some other whales collect them in dip and will profit an tripple their investments so don`t panic and hold.


Title: Re: i lost 20% of my budget
Post by: Freezingel on December 20, 2017, 02:13:54 PM
why are all these cryptocurrencies are going down?
Keep calm and don't panic sell, if you bought at the top then be patient until the next run or cut your lose and treat it as expensive experience. You don't lose a long as you haven't sell the coin so if you believe the future is bright then just hold it longer.


Title: Re: i lost 20% of my budget
Post by: dragoz11 on December 20, 2017, 02:14:26 PM
Yeah it can be happen and it happened to me as well I panicked and sold my coins and after some days they recovered and even went up by 50% each so I was dissappointed even  more, so don`t panic.


Title: Re: i lost 20% of my budget
Post by: YuurinBee on December 20, 2017, 02:14:45 PM
why are all these cryptocurrencies are going down?

just wait a week, it will be christmas and greens everywhere :) more and more money pumping into crypto too


Title: Re: i lost 20% of my budget
Post by: chicobr on December 20, 2017, 02:25:08 PM
It is just a correction of the market. After a long time increasing, the investors will sell to get profit. That is very normal. After Chismast holiday, the market will recover.


Title: Re: i lost 20% of my budget
Post by: qiwoman2 on December 20, 2017, 02:53:09 PM
I also lost a big chunk again from my portfolio because of the switch from bitcoin to bitcoin cash that the market made today. I am really sad about this but what can we do, this is life and this is the way markets work, Some people win and some people lose, that is that really. I hope one day we can all make some good gains again Some people made it big again from this bull run, some of us are still struggling with our portfolios, we just have to keep our chin up and hope for the best.


Title: Re: i lost 20% of my budget
Post by: Iceblast on December 20, 2017, 03:04:41 PM
why are all these cryptocurrencies are going down?

just wait a week, it will be christmas and greens everywhere :) more and more money pumping into crypto too
cryptocurrency down is only temporary, but in the next few months it seems to be able to get a very good price and can rise to the highest position. altcoin prediction in 2018 will be able to touch the highest level.


Title: Re: i lost 20% of my budget
Post by: Superways on December 20, 2017, 11:56:10 PM
You are not alone dude, I think there are many people out there who also lose 20% of their budget or even more, including me who have ever lost my budget up to 50%. That's why we call it trading, we can not predict when prices will rise or fall. My advise is if the price of the coin that you bought down far away,  you can sell the loss to buy back at a low price if you play short term, but if you are patient enough to wait then you can hold the coin until the price rises, all depends on your decision, and do not forget never panic if the price drops, take it easy because the price will surely rise
Indeed, if you want to learn, you can learn a lot from this. But still I would like to add something and that is to read the situations clearly and try to put it in some mathematical form so as to predict about the future of the bitcoin or any other crypto currency. The more interest you will put in market; the more profit you will expect. And last but not the least, that losing is also part of the game but losing always means you are a bad player.


Title: Re: i lost 20% of my budget
Post by: mr_enoc on December 21, 2017, 12:30:47 AM
why are all these cryptocurrencies are going down?

Some alts are not down for now. Just keep on holding and believe that you will earn thru holding and waiting for the pump of btc and alts.


Title: Re: i lost 20% of my budget
Post by: Gringoblin67 on December 21, 2017, 12:32:44 AM
Please only hold if you think you can handle the paper loss. Otherwise cut your losses immediately and wait for prices to bottom out and establish a support level.


Title: Re: i lost 20% of my budget
Post by: ZenRoy on December 21, 2017, 12:34:28 AM
Please only hold if you think you can handle the paper loss. Otherwise cut your losses immediately and wait for prices to bottom out and establish a support level.

I 100% agree. Someone I know held a certain coin while it plunged down and gave him a 30% loss. He hoped and hoped, but ended up letting go since it got only worse after 3 months.


Title: Re: i lost 20% of my budget
Post by: ipanks on December 21, 2017, 12:42:02 AM
Please only hold if you think you can handle the paper loss. Otherwise cut your losses immediately and wait for prices to bottom out and establish a support level.

I 100% agree. Someone I know held a certain coin while it plunged down and gave him a 30% loss. He hoped and hoped, but ended up letting go since it got only worse after 3 months.

the hold is the best thing that he can do. myself still hold the coins that I bought at 3 months ago and today, I see good movements from all of my coins and I still wait the best price that I want. it seems we're gonna see the altcoin is rise back and reach the highest price. I think if these conditions run well, at least we can make until 50% profit from the last time we bought the coins. but if bitcoin price shows the increase of the price then we need to wait for another time.


Title: Re: i lost 20% of my budget
Post by: John_Slater on December 21, 2017, 12:42:45 AM
Don't buy at the top. 
Don't  worry we are just in the  correction


Title: Re: i lost 20% of my budget
Post by: enawati on December 21, 2017, 02:31:31 AM
Dont worry, if you did not buy on the top the price will be going up again, the volatility of cryptocurrency is high so just wait to going up.


Title: Re: i lost 20% of my budget
Post by: Distinctin on December 21, 2017, 05:21:56 AM
Dont worry, if you did not buy on the top the price will be going up again, the volatility of cryptocurrency is high so just wait to going up.
20% is not that much, you can still recover when you improve, that is trading, we lose sometimes but what
is important is we focus on the our goal, eventually we can recover as we improve our strategy in trading, we have to learn in every mistakes committed.


Title: Re: i lost 20% of my budget
Post by: BillyTalent on December 21, 2017, 06:07:45 AM
why are all these cryptocurrencies are going down?
This is inevitable, you just need to wait a moment and hold your coins. The loss is not so great and soon you will be able to win back your entire loss.


Title: Re: i lost 20% of my budget
Post by: chris200x9 on December 21, 2017, 06:15:49 AM
Please only hold if you think you can handle the paper loss. Otherwise cut your losses immediately and wait for prices to bottom out and establish a support level.

It is not so easy to find out when prices will bottom out. So start buying in a small amount at every small dip then you will get coins at a good average price. If I think the coin is good for the long term then I will not sell but will buy some more if prices go very much lower than my purchased price. I was holding Verge for last few months and in last few days it gave me superb profit and that is the benefit of holding good coins.


Title: Re: i lost 20% of my budget
Post by: mamesso on December 21, 2017, 06:28:10 AM
why are all these cryptocurrencies are going down?

In trading is recommended to use stop loss for maximum loss that you can get.
20% is maximum i think in my strategy. Altcoin remain down since price of bitcoin is grow so much.
In addition there is another strategy to cover the loss, ie immediately do buy back at the base and hold for correction.
always monitor bitcoin prices to get the right moment.


Title: Re: i lost 20% of my budget
Post by: aervin11 on December 21, 2017, 06:32:27 AM
You didn't lose your budget. It's an asset and if you made your final decision to sell off those on a low price that you could say you lose your budget/investment. 1 thing to keep in mind, never ever ever lose your initial investment. If you bought it for 1$ dont sell it any lower, you can set stop loss if you want but never let yourself lose. Dont be carried away by your emotions.


Title: Re: i lost 20% of my budget
Post by: Dart18 on December 24, 2017, 07:53:45 AM
That is the risk with crypto investing and you cannot take that away.
You cannot cry there because of your loss. You shouldve read more about cryptos before investing.
But if you are patient enough then you can wait and try to pull more investors on your side with the crypto you are supporting.
That is what you can do for now instead of just crying out there or going with their flow in panic.


Title: Re: i lost 20% of my budget
Post by: wuvdoll on December 24, 2017, 08:13:18 AM
why are all these cryptocurrencies are going down?

Most likely you are new to trading in general because if you understand trading you would know right away that correction is inevitable. If you bought on the peak price and sold it at the bottom then you need to rethink your strategy. Always have a game plan when doing a trade because if you do not have one you will lose not only 20% but 100% of your budget. Do more research about technical analysis or at least the very basic of candle sticks. Try to also research wave patterns.

Also be cool and do not be emotional this seems easier said than done but if you become emotionally unattached to your trading you will be a better trader.
Most people always panic at first when they are new to trading. However, it is always good to have a strategy.
Trading is more like; 'if this happens, I expect this to happen' and with that it would be so easy to make decisions on your trading without making too much huge loss and making some good profit. We have all been there but the good thing is to always be patient.


Title: Re: i lost 20% of my budget
Post by: BigBossUSA on December 24, 2017, 10:43:18 AM
why are all these cryptocurrencies are going down?

So what? When investing in any crypto you should be prepared to lose 100%. Are you a trader or an investor? Anyways, the question seems weird for both. You shouldn't be panicking that quickly.


Title: Re: i lost 20% of my budget
Post by: coino.org on December 29, 2017, 04:20:44 PM
20% in crypto is not so hight. Remember that untill you will not close position, your loss is not fixed. I can add that around 1 or 2 weeks there was a huge decrease in all crypto and my friend lost 30% of portfolio but he add a bit and after a week he had even more :)


Title: Re: i lost 20% of my budget
Post by: Duogembrot on December 29, 2017, 04:42:03 PM
why are all these cryptocurrencies are going down?

Patience is just a transition effect lest you be fooled and easily carried away emotions to sell at a low price because it will make you lose, hold the coin you have and make a deposit again to play another coin.


Title: Re: i lost 20% of my budget
Post by: Synaesthesia on December 29, 2017, 04:44:43 PM
20% is just a correction of the market. Which coins are you hodling? You have to research and give own strategy by your self. Dont be scared.


Title: Re: i lost 20% of my budget
Post by: JTEN18 on December 29, 2017, 04:46:39 PM
why are all these cryptocurrencies are going down?

Patience is just a transition effect lest you be fooled and easily carried away emotions to sell at a low price because it will make you lose, hold the coin you have and make a deposit again to play another coin.
That is right, set aside emotions, don't over think that because the price decrease does means that bitcoins and other altcoins are getting dead, it is not like that, it was just a pure normal thing and just look at it at a positive side that when price dumps we can buy more so that when it increases we will earn a lot.