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Author Topic: Why All Coins Dump?  (Read 14926 times)
oricatmos
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July 07, 2017, 08:22:28 PM
 #21

Why newcomers to crypto want to price go indefinitely upwards? Allways there are corrections in price meaning a healthy growing. If you came late to the party be patient for the next round or give up.
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July 07, 2017, 08:32:31 PM
 #22

It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad


Solarcoin is not being dumped! You might consider investing in that one.
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July 07, 2017, 09:08:33 PM
 #23

IMO a lot of it is just the market is made up of disproportionately young men with a high percentage of their assets caught up in crypto.

So when friday comes everyone has to cash out for beer and travel money.

Fridays are good days to buy it seems
That’s something that someone who trades Forex or is active in the daily markets since they know when the people like to go online to trade. Sometimes the news isn’t the only thing that moves the price because I’ve learned from experience that if nobody really wants the coin then the price of the coin won’t move an inch since there is no volume.

Since people like to trade on their days off, the price of Bitcoin is likely jump up or down.

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July 07, 2017, 09:44:49 PM
 #24

Don't see it as a dump. See it as sale time. All coins are so cheap today.
Often the market recovers after a huge dump.

Sale time or buy time?I think when price are low one should buy and accumulate as much as one can

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July 07, 2017, 09:47:40 PM
 #25

Yeah, everything is under fire, but two coins received huge pumps, Tellurion(3000%) and Guccione(700%).
Wondering why BitConnect isn't going down, seems like the revolution has begun.
Trash coins

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btcjoin14
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July 07, 2017, 10:11:14 PM
 #26

Yeah, everything is under fire, but two coins received huge pumps, Tellurion(3000%) and Guccione(700%).
Wondering why BitConnect isn't going down, seems like the revolution has begun.
Trash coins

Those coins don't really have enough volume to even classify itself to a good investment. Odds are that coin was at that price before and when the price of Bitcoin was pumping those coins went down really fast leaving a bunch of guys with bags of coins.
People on small exchanges like YoBit as an example like to pump coins that received no amounts of Bitcoin going into it for weeks then they pump it like that coin had something going on.

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July 07, 2017, 10:44:02 PM
 #27

There are 2 reason behind that some of the coins were increased by almost by 1000% in last 3 month because crypto trading was getting so much hype and so much new investment coming into crypto trading so the coins which increased so much in last few month are getting some correction and second reason behind this bloodbath is that bitcoin segwit is near so because of that so much hype has been creating and many people are doing the panic selling so I think these two are the reasons for this bloodbath.

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July 07, 2017, 10:44:29 PM
 #28

It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad

Between ten and twenty percent is normal for altcoins. But to be honest I think this is not the bottom line. I have the impression that the bull market is over

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July 07, 2017, 10:47:59 PM
 #29

Its a domino effect, bitcoins price has decreased as the mother of all cryptos. Every coin is affected so dont think that this is not normal in crypto currency. This is happening most of the time and probably stocks -% has effect on this dump.

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July 07, 2017, 11:55:18 PM
 #30

As mentioned above, i believe SegWit is influencing the prices.
And can understand why you are so worried, but after some more dumps, you will get used to it


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July 08, 2017, 06:17:16 AM
 #31

it's shoping times  Wink Cool

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July 08, 2017, 07:10:43 AM
 #32

it's shoping times  Wink Cool

Be greedy when others are panic. I just bought more shares of Siacoin. Buy while it's still cheap. It probably gonna go up tomorrow.

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July 08, 2017, 07:49:38 AM
 #33

It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad

The dumps of coins is just normal phenomenon especially in market industry. It is reall possible that all coins may dump its price in no time because of the sudden changes happening in the market industry. For the price to have balance, there really come the pumpss and dumps. In that situation, there is nothing to worry about because it is just normal and the dumps is not a constant thing. Because the reverse of it is the pump, which everyone awaits.

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July 08, 2017, 08:23:03 AM
 #34

I am not the oldest in cryto but this question "why all coins dumb" is lol question. Answer is because its crypto world.

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July 08, 2017, 08:53:20 AM
 #35

it's shoping times  Wink Cool

Be greedy when others are panic. I just bought more shares of Siacoin. Buy while it's still cheap. It probably gonna go up tomorrow.

No offense but hasn't it been on a downward trend for over past 3 weeks.

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July 08, 2017, 09:03:32 AM
 #36

follow trend
because majority this now develop use etherum, ico selling use ETH, eth price down all coin use etherum token follow down
another coin not use etherum token down price too only follow trend

                                   
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July 08, 2017, 09:09:33 AM
 #37

It could be due to the high positive correlation Altcoins have with major coins (BTC, Eth). When the price of one coin drops, the price on other coins also drop but on an
even higher percent.






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July 08, 2017, 09:23:06 AM
 #38

THE SYSTEM play agnust you

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July 08, 2017, 09:35:17 AM
 #39

it's shoping times  Wink Cool
Be greedy when others are panic. I just bought more shares of Siacoin. Buy while it's still cheap. It probably gonna go up tomorrow.
Nothing is happening and people start panicking without any reason i don't understand it. I will buy and some cheap coins and will wait..This is best proven strategy you can apply. But you must exclude your feelings from your trade decisions.
My Best decisions were based on holding of coins no matter what happening, in most cases i wasn't even aware that something is happening, fud attack or something
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July 08, 2017, 09:45:21 AM
 #40

It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad

maybe its just a rectification to the hot market last period, i believe all will be fine in the later time

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