what causes the price of altcoin down?

[DreamCayman]

The price of altcoins goes down due to the fact that the general interest in altcoins is decreasing. Investors need to pay attention again to Bitcoin. As soon as Bitcoin goes up, altcoins will also rise in price.

[Relautnnn1000]

I think this is all the flaws of the coin. When a coin has its holes, it cannot stand on the market for long. It is obvious. Only the strongest survive. So it was and always will be.

[Kazkar]

We are all waiting for a general price increase. Few people know when it will be, but appreciate all the coins, too, will grow. Now it is convenient to trade. Or hold the coins.

[Just John]

You and I really. I'm certain that The major factor that influences the price of a coin is how much it is being demanded for. If a coin is being demanded by majority of us investors, or a good number of us, there is a great chance that the price of the coin would increase, and decrease if the reverse is the case.

[sergeykravchenko1959]

As a benchmark for prices of altcoins can serve as btc , at the moment it sets the bearish trend of the entire crypto market.

[gowobonyok]

of course if you want to make the value of altcoin rise is to increase the market cap of altcoin more than bitcoin. How to? that is, by starting to buy altcoins and hold.

[_cryptoniya_]

I believe that this can be influenced at least by the demand for other currencies that have a turnover. If I called bitcoin a fast car of Schumacher, then Altcoin seems to me a third pilot. Perhaps the lack of awareness of players leads to the fact that Altcoin is not stored in the wallets of users for long enough, which leads to a decrease in this currency. But it is early to despair, with a successful combination of circumstances, this currency will be able to get stronger enough to break into the top.

[sitbang]

in my opinion, altcoin is a lot of new coins that are popping up right now, but this is the best time to buy them because they are already too low in price, most likely in the near future prices will continue to rise.

[10BTCaDay]

It is obvious that the price of altcoins is influenced by the price of bitcoin itself, this is the only factor due to which the price falls.

[ShadowBits]

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

I believe that everybody said was true that it can be because of Bitcoin. Bitcoin is the main crypto so all other altcoins may follow Bitcoin's moves.

[Gandam23]

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

Why altcoin is in cheap price? We are all asking why this happened. There are actually so many reasons why market dumps. Maybe because of the dumo because last year bitcoin reaches the highest peak of value for that year so dont be shocked if it dumped. But as of now. We are hoping that it will happen again so that our money will be doubled. Another reason why is that panic selling is happening and be done by many people who are afraid of losing money.