Bitcoin Forum

Bought at 0.82$ down to 0.63$... Any clues? Anyone??

Yo dude, its perfectly normal if some crypto have value drop. People sell what they have and the one who want to buy it got his, so the demand decrease and so the price, all of this crypto price just based on demand and supply

I think due to the new bull run expected from btc majority of traders are selling the alts and holding btc at the moment that is what is causing the dip in majority of the alts, im sure it will be temporary and alts will be back soon.

Lot of thing can make crypto gain or losing price, let me make short list to explain it to you.
- Limited Supply and supply/demand.
- Energy put in in the form of electricity to secure the blockchain.
- Blockchain difficulty level.
- The utility of the currency, and how easy it is to use and store.
- Perceptions on its value by the public.
- Price of Bitcoin.
- Media.
- Investors.
- Scams.
- Market dilution.
- Innovation.
- Confidence in traditional systems.
- Legal/Governmental issues.
I can explain it one by one but thats make the thread to long to read. So the conclusion is price changing in cryptocurrency is absolutly normal, the price is raise and you happy but when the price go down you lost your mind ? you dont, right ? its fine the price will be back to normal anyway, i mean its going up and down any time though.

This is typical of the market; major spike and then a correction to follow. It'll pick back up. Just hodl on

I bought mine when it was around $0.2 you just bought it its peak thats why you are getting loss with its correction.

it is a normal condition, altcoin like a traditional market or supermarket.
If a lot of people sell it, the price will go down.
And ...if people stock it and hold it .... the price will be increase....

i hope you be patient

Am clueless too. Guess it was compared to XRP and since XRP down so it also share the same fate.

Bitcoin increased. There is investors selling their coins for Bitcoin so they can make more fiat from the price swings.

It went up 40,000% in a year, and you're surprised it drops 20%?

Stellar went up 500% (https://coincodex.com/crypto/stellar/) in the past month. It's normal that there's a correction since it was hyped a lot. It's will be a good time to buy in a few days from now when the price drops a bit further... overall the project is great and there's way more potential, I believe it will stay on top 10 during the year 2018.

https://i.gyazo.com/a5befca69487a120f4554bab12bc5354.png (https://coincodex.com/crypto/stellar/)

IMO If you're panicking and stressing out because you bought a coin and it dips a few cents then you really shouldn't be in crypto...

Many people who purchased it cheap , now sold it and probably invested in bitcoin as it going up. I would suggest not sell it even if it fall lower because is the long run it will go up.