Why All Coins Dump?

[nappoleon]

Noobies be like. Lol

When you've survived trading for more than a year. You'll understand.

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[niceli]

I could not tell you why all the coins are dumping, but since you've mentioned you want to invest long term in specific coins, I assume that you have done some research regarding their concept, their USPs and assessed their potential. If all are green lights and you are in for the long term, don't let these dumps scare you. After all dumps like these are the ones where weak people are losing lots of money. Hold and behold!

[LodisMcguire]

With the current market,people dump all their coin,i think it's time to buy which coin that will make profit later
Pump and dump is always happen,as long as crypto still alive,so don't worry about it

[maydna]

i still be glad that i still make a profit from this dump because i remember that i am bought some of coins when its cheap price and while the price is dump, i still have a profit even its not much. but i wonder how long this situations will stay and altcoin will gets back to normal price and reach the higher price. but i think all coins dump is because people is waiting for august 1 results and they are curious with what will happen with bitcoin so they don't want to see the coins gets down too far and makes them to do quick sell.

[bitcoinvestor]

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.

I hope so if not there will be a big loss too. It has been a week, most altcoins are down slowly. Just wait may be a hug pump too. When the altcoins' price rise sharply, I think every altcoins traders will make profit from the scenario.

[deadsilent]

You know. There's a season when the altcoin market is sleeping. And that's is happening right now. So don't spend all your money 100% to altcoin market. I suggest look for good upcoming ICOs. I think it would be good option now that market ia sleeping. August i think is the month for bullish market.

[Lagduf]

You know. There's a season when the altcoin market is sleeping. And that's is happening right now. So don't spend all your money 100% to altcoin market. I suggest look for good upcoming ICOs. I think it would be good option now that market ia sleeping. August i think is the month for bullish market.

If you mean about to flip our money and that can't be a good way. Too difficult to choose the right project to invest our money. But invest your money in the ico will not mean the ico will give your the instant profit for your investment through flip your shares.

[reffi]

Because the party is over....going down now till end of year, bitcoin back to $1200, ltc $9, eth $40... good time to sell now,  wait 3 months and buy back super cheap!

[Ayers]

THE SYSTEM play agnust you

lol so true, but not for all altcoin, because some don't have premine, that is true for shitty ico and huge premine scam like ETH and zcash which take fee from block, for "development", i won't trust that, but it's true that we were in a bubble at least for altcoin, bitcoin is still holding good at the same price

[anonimogmr]

Have time to plant seeds
Have time to harvest

Again? That design looks bad and you have posted it two or three times in this thread already... you made it on paint?

[papajamba]

alts are dirt cheap now. sia is back to 360 sats! great time to buy!

[CraigWrightBTC]

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

The all of altcoins were dump because of the traders taking profit and the other reasons is bitcoin's price is dumping too
it is the most reason makes sense because all of the altcoins price always follow the bitcoins
all of the altcoins will not be value if there are no value in bitcoins, you don't sad because the price of altcoins will goes up again
so do with bitcoin's price and today is nice time to buy bitcoins and altcoins.

[shenjing85]

Have time to plant seeds
Have time to harvest

The picture is interesting and looks like it is the truth. I think the pump in the last weeks are caused by too many new investors, and now this trend is over, and the price will dump, causing this investors to worry.

[Idrisu]

You are sad? You should know that the markets cannot move up forever and you most developed your mind to the level were you see pump and dump as part of cryptocurrency trading market. You should see this as another opportunity to buy cheap and sell high when it recovered. I trade coins and taking profit is one of the best moment in trading decision and I see buying time as the foundation of my trading strategy and I do buy when the coins price is down not when it is up.

[letsgoman]

This

[anonimogmr]

This

Judging by that cycle in what phase are we? Complacency?

[ALargeOrangeCat]

Coins dump = go on a shopping spree. This is the time to buy buy buy, unless you're a buy high & panic sell kind of investor.  

[One Man Band]

Fear & Greed.
it controls all markets.

[doedz]

My altcoins portfolio lost 30% and not yet stop!  That's why I am very worry. So, the reason is because of Bitcoin going down? I am new to this crypto world and I am very worry when I see 30% lost 

I invested a lot in Ark, Stratis, Ador, and Aragon. What do you guys think about these coins future? I intended to keep these coins for long terms.

Do not get too worried, the same thing happens with me. All traders must have experienced a situation like this. This is a real test for traders, practicing patience and mental. And sure everything will be fine, provide backup at the lowest price.
Or you Hold until the price touches a stable number.

[yvv]

H-ha! This is where bitshares market pegged assets rule. Instant hedge into USD, CNY, gold, silver etc, and your funds still remain in blockchain readily available to buy back altcoins at the bottom of the dump.