Why is everything red again

[rafajunior99]

Okay, so a few days ago (this Saturday) we have seen a terrible picture on coinmarketcap, for all the currencies were red (the price went down and so did capitalization). I thought the reason was coinbase and some big technical issues there. Yesterday everything was slowly getting back to normal. Almost all of the currencies went 'green'. Why is everything red again? Is it really some big problems with altcoins? Is it the end of big pump? Or maybe it is just the continuation of unexperienced panic sellers that started 2 days ago?

If you've played Altcoin many times, you know, about Altcoin all red, maybe this is a very high Bitcoin impact, so I do not think there's anything to worry about because this is just the impact of higher Bitcoin prices. So all Altcoin in the market becomes red.

[1714860496]

1714860496

[kryptqnick]

Okay, so a few days ago (this Saturday) we have seen a terrible picture on coinmarketcap, for all the currencies were red (the price went down and so did capitalization). I thought the reason was coinbase and some big technical issues there. Yesterday everything was slowly getting back to normal. Almost all of the currencies went 'green'. Why is everything red again? Is it really some big problems with altcoins? Is it the end of big pump? Or maybe it is just the continuation of unexperienced panic sellers that started 2 days ago?

If you've played Altcoin many times, you know, about Altcoin all red, maybe this is a very high Bitcoin impact, so I do not think there's anything to worry about because this is just the impact of higher Bitcoin prices. So all Altcoin in the market becomes red.

But bitcoin doesn't influence the price of altcoins directly. I tend to agree more with people who say that it is due to lots of new people and their panic sellings.
Bitcoin was also really down on Saturday, whereas when it hit $2000 for the first time, ethereum grew in price as well. Sometimes btc grows along with alts, sometimes it grows and alts go down. No connection here.

[death69]

the price increased significantly so they have to be dumped in order to get back to the normal. Do not worry much about that

[xx-man]

the price increased significantly so they have to be dumped in order to get back to the normal. Do not worry much about that

If you know the predictions and read the charts, I do not think it should be thrown away, may have to wait a few days or a few more weeks to come back as stable for it.

[omonuyak]

the price increased significantly so they have to be dumped in order to get back to the normal. Do not worry much about that

If you know the predictions and read the charts, I do not think it should be thrown away, may have to wait a few days or a few more weeks to come back as stable for it

many amateurs traders who are not familiar with how bitcoin and crytocurrency pricing work are selling their coins out of panic and most of them are even selling at lost. Every thing is on red because it can not be green forever and cannot be red forever.

[Aufar]

I myself do not see many coins change color to red, I just see from a few coins that change color to red. So I'm not really concerned about the color of bitcoin turning red because I think it happens very often in the crypto world, a person who just started trading might panic with this situation, but I'm sure the bitcoin color will turn green again.

That's for sure, Bitcoin will be green again, Look at the last year's Bitcoin always experience price increases and maybe next year bitcoin will also be green again.

This bitcoin is supposed to get the red line because in a few weeks they show the green line continues and where there is an increase there must be a decrease .. so I think you do not have to worry for bitcoin price, we will still see it in the next year ..

[Gillette]

Not everything is red. Look at the big green dildo of BLOCK coin! 

[udidrone]

price up or down is common thing in crypto, people already feel when altcoin get pump 1 by 1 why must mad if altcoin back down ?  just hold your coins if get trapped and wait for price to up again

[AleSergio]

I think that at the moment we wont see any hips and huge pop ups of prices. We can see that coins are stabilizing right now to the prices that they deserve, it is just a small correction

[klixion]

It was a temporary shakeout to get the weak hands to bail and now it looks like almost everything is green again.  Cryptocurrency is like a roller coaster. 

[kryptqnick]

the price increased significantly so they have to be dumped in order to get back to the normal. Do not worry much about that

If you know the predictions and read the charts, I do not think it should be thrown away, may have to wait a few days or a few more weeks to come back as stable for it

many amateurs traders who are not familiar with how bitcoin and crytocurrency pricing work are selling their coins out of panic and most of them are even selling at lost. Every thing is on red because it can not be green forever and cannot be red forever.

Agree, but as I am checking coinmarketcap a few times every day, I must admit that seeing everything red and especially -10% or less is not something that often happens. Now everything is getting back to normal but I just wonder what are the main reasons why people all of a sudden start panic selling. The prices grow, everything is nice and smooth and then they start selling a lot. How do they decide when to sell? And why do they decide it sort of together for I don't think that altcoin market in controlled by a few people having the control package.

[Shiroslullaby]

I love it when everything turns red. Thats when you make money.

"The time to buy is when there's blood in the streets." -Baron Rothschild
"You pay a very high price in the stock market for a cheery consensus." -Warren Buffett

Buy when others are selling and sell when others are buying.

[xuan87]

That is very normal, crypto currencies is based on market demands, after so many demands there will be selling when the investors​ see that they can make profit, so many people is selling their coin so the price is decreasing and last time the pump was made by the whale so we will see another big dump again in the future, but red is good, it is our chance to buy and gain profit

[nicolas1979]

Red is good to buy again, but always red never happen. Image if coin always green, you'll be confused which one to buy?. Market is always about green and red ( supply and demand ) and that's natural. Watch the price and follow your method to get profit, never say " red " is bad. For me, red and green is only color but actual price is what I'm looking for. When red come up try to wait and see, don't sell it because maybe next day the price will come up. Good luck.

[linkybit]

Bitcoin and Altcoins are volatile.
So it is quite possible we can see everything red again after some days.

[Den_mike]

 Almost all of the currencies went green.
Why is everything red again?

[brobbel]

 Almost all of the currencies went green.
Why is everything red again?

The post above yours says it all:

Bitcoin and Altcoins are volatile.
So it is quite possible we can see everything red again after some days.

[LodisMcguire]

In the trading world,all you need is capital and PATIENCE
just observe the chart and news regarding the coin
if today is red,just wait till it green again

[mudasarali43]

Bitcoin is unstable due to rapidly unpredictable down and all Altcoins go down
Panic selling of new investors

[cramcram21]

I think it is because of the holders who are panicking right now because of the August 1 event,
And maybe it is also the weak hands shaking out their coin and thinking that the price drop would continue.