ARK price is dropping,why people are selling their coin? Its good time for holding altcoin like ARK.
They may know something you dont...
Come on, no one knows something special that could cause him to sell at such a low price. Everything that happens is quite normal in the crypto world. Someone has sold a large amount of ARK for personal reasons, which is unreasonable at this time but he is free to do so. The ARKs are not gone, they simply changed their owners. Overall, it was only a small percentage of the total ARK sum sold and now make new owners happy. As long as ARK is under 50k sat it is a bargain (at this juncture).
The ARK is now listed on Litebit.eu. I think that is an enormously significant process. I know the people who work at Litebit. They are very critical with the list of new currencies and know what has future and what not.
I hope that after the current delete of different coins, ARK will find a place on Poloniex. Over 90% of the traders are on Poloniex and ARK will come in focus of this community. The real value of ARK will we see there.
My recommendation: Buy as long as the price is so low. This coin has a bright future. I remember when I bought ETH for $ 2 and where is it now ...?
Buying and holding is the order of the day!