lu.cipher (OP)
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September 03, 2017, 11:50:38 AM |
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Newbie in crypto, invested for fun in some interesting projects, I saw most of notable coin ( and BTC too) are falling down. Someone can explain?
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Dikobit
Member
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Activity: 89
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September 03, 2017, 11:54:00 AM |
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it happen every few weeks, it's normal, just buy during this time and sell when it's high it's that simple (and risky)
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Javi_Anibarro
Sr. Member
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tBTC - https://dapp.tbtc.network/
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September 03, 2017, 12:01:47 PM |
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it's a economy cycle so you should not be worry about this kind of activity, even if we're seeing a downward movement both of them (Altcoin and Bitcoin) at the same time, nothing serious about this activity, it's very simple, they're trying to get more coin after spending their money last week, every sunday/saturday usually we will see the price goes down because many people cashed out their money, and then move upward again.
just do some observation and mathematics
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yua_na
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September 03, 2017, 12:24:03 PM |
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Newbie in crypto, invested for fun in some interesting projects, I saw most of notable coin ( and BTC too) are falling down. Someone can explain?
It is not falling down it is in correction and searching for right price after up very high. If you buy in crypto from 2016 you still in profit and it is unbelievable profit..especially for coin like ethereum,stratis,waves, ark
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lu.cipher (OP)
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September 03, 2017, 12:25:44 PM |
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Cool, thanks for the advice, think it's best moment to spend my EUR
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pereira4
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Merit: 1183
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September 03, 2017, 12:44:56 PM |
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Panic selling happened. $5000 is too strong of a psychological barrier to blast through it at the first attempt, so smart money is starting to accumulate now on the dips because the next atempt will most likely be the good one, and we will go to $5000+ guaranteed, which means, you better stack stockpiling on sub $5000 BTC at the highest rate as possible.
And once we get rid of the damn big blockers for once, the days of 4 figure a BTC will be over.
I can't wait for Bitcoin Core 0.15 and lightning network and sidechains.
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Dareious
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September 03, 2017, 12:50:36 PM |
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Billions and billions of dollars have been pumped into bitcoin, causing a rushed price spike. Had at least half of those insane amounts been invested into altcoins, we could have benefitted from an unprecedented bull rush - and bitcoin would have experienced a more moderate and healthy price increase instead of briefly reaching the 5k USD mark and subsequently causing an unnecessary market crash and pulling nearly all the altcoins down along with it.
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gunhell16
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September 03, 2017, 12:59:40 PM |
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i think mose of the comments down there are well explained to you .. whaw i will telll you now is to grab your euro and start buying coins .. almost ALL coins got the drop .. and now expect for the pump.. but one thing for sure be careful because not all coins will pump some of them will continue fall out of the line
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Lanatsa
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September 03, 2017, 12:59:57 PM |
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Newbie in crypto, invested for fun in some interesting projects, I saw most of notable coin ( and BTC too) are falling down. Someone can explain?
First of all i would like to welcome you on this Crypto world and i would say that this field would really be interesting and making money would really be possible but talking off first about on your concern,dont be surprised if those prices would behave on that way since its just normal here on this trading world because prices would really vary depending on the demand of its users.
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wenzuo
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September 03, 2017, 01:01:19 PM |
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Newbie in crypto, invested for fun in some interesting projects, I saw most of notable coin ( and BTC too) are falling down. Someone can explain?
someone will see its normal and not only once, but as far as i know, its because the Chinese government will make some regulation to the ICO, and the main ICO platform in China had stopped ico yet.
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Bowtiesarecool
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September 03, 2017, 01:33:40 PM |
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Newbie in crypto, invested for fun in some interesting projects, I saw most of notable coin ( and BTC too) are falling down. Someone can explain?
someone will see its normal and not only once, but as far as i know, its because the Chinese government will make some regulation to the ICO, and the main ICO platform in China had stopped ico yet. Yeah, Chinese government's action is having a ripple effect on the market. This is the perfect opportunity to buy into coins at cheaper prices
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bananadines
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September 03, 2017, 01:55:32 PM |
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Its just a normal correction thats happening right now. In the last we had a cold winter with a lot of downtrends. But I think thats not going to happen this time. The most alts are moving sidewards and trying to load some more fuel for the next leg up. So just hold your bags and relax
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X-ray
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September 03, 2017, 02:09:58 PM |
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After the pump trends, here come the downtren of altcoins price, the bubble hasn't ended yet, the price of these coins will still increase but just a little dump happen and will be bouncing back again seeking for new ATH especially bitcoin and ETH. Ths similar thing have happened before, if i recall after bitcoin announced its hf but you can see the outcome after that.
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alyssa85
Legendary
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CryptoTalk.Org - Get Paid for every Post!
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September 03, 2017, 03:42:02 PM |
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It's just a bit of profit taking. Cryptocurrencies are way more volatile than stocks and shares, and sell offs happen for the most trivial reasons (because no-one is sure which alt will be a success, which means selling quickly is often the right strategy).
I'd advise you to go to Coinmarketcap and take a look at the historic charts for all the alts. This is 6486th time this has happened, or something close to that!
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faithupgrade
Sr. Member
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Activity: 475
Merit: 253
ARCS - A New World Token
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September 03, 2017, 03:49:08 PM |
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Crypto trading requires reading, knowing the current events. Its not like put it here and visit it later. Some coins might crashed due to some reason like death of main developer or owner. Always bring a mobile with coin reminder.. Like Tab Trader. Monitor the health of your coin.
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omonuyak
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September 03, 2017, 04:02:10 PM |
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Bitcoin is dropping in price due to the recent pump we have enjoyed since end of July till date. We should no that this is normal not only in cryptocurrency market but in stock, commodities and forex market. This is the best time to buy bitcoin and others altcoins that are seriously dropping in price. Bitcoin before the end of this month may break $5000 for some People has speculate that bitcoin heading to $7000 Before end of this month.
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Sikka157
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September 04, 2017, 01:32:26 AM |
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This drop is nothing to be scared of for now. It is a simple correction in the price of bitcoin and other altcoins after the recent rally. I hope it is not as bad as the last one we had when crypto marketcap dropped by 50%.
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christian07
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September 04, 2017, 02:39:40 AM |
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Newbie in crypto, invested for fun in some interesting projects, I saw most of notable coin ( and BTC too) are falling down. Someone can explain?
the price of every coin here is volatile that is only the cycle,i think try to read some of thread in beginners and help there so many ideas about bitcoin for newbie
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samfcoin
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September 04, 2017, 02:49:30 AM |
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Some people said this was a normal cycle for alt coins, but as I know, this was most likely because that Chinese government would add some restrictions on all ICO projects. No matter this is a truth or rumor, just be careful these days.
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batang_bitcoin
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September 04, 2017, 03:54:21 AM |
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Newbie in crypto, invested for fun in some interesting projects, I saw most of notable coin ( and BTC too) are falling down. Someone can explain?
First, don't just invest in anything just to have fun. I won't advise that someone because in the end if you are just investing for fun, you won't focus for realistic goals. Well this is another bloody week for the whole crypto currency market. And the only thing is because everyone tries to sell out and it's time to take some profit so we are seeing every coin's price to get down.
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