i lost 20% of my budget

[Getmon]

why are all these cryptocurrencies are going down?

It might be hard to accept the fluctuations of the market for a newbie or beginner like you. But sooner or later you will be able to realize that the market of cryptocurrency is basically a very volatile one. There are always rising and dipping of prices in coins and tokens. Otherwise, the market will look like a stagnant one. Market fluctuation is a healthy sign. It means the market is vibrant.

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[sana9826]

due to btc price that so high, it affects to some altcoins to be dumped, because the altcoin holders wont miss the train to catch the bitcoin. you're only loss 20% of your budget, there so many people loss 100% when head of huge loss, try to keep satisfy with your effort, for tomorrow, try to count every decision you made to avoid the loss.

[meyklove]

I see to possibilities why your losing 20%. Bitcoin keeps rising and the coins are correcting their conversion to bitcoin. And maybe you bought it in high price and didn't bought it when its on dip.

[desi92]

Price of altcoin is going down because the price of bitcoin increase. Normally bitcoin price will affect to altcoin price too.
And maybe you bought the altcoin too high and now its the correction.

[herurist]

why are all these cryptocurrencies are going down?

Altcoin down because supply & demand not balance anymore, it's natural no one has control about it. You should know, this is the best moment you can buy again but first, fix your strategy ( it will change your stop loss, take profit and money management ). Image if cryptocurrencies never go down, you'll never have chance to buy again ( grow up capital ). Face it and enjoy your activity. Have a nice day.

[TyrellWellick]

Everything is a risk bud. Just gotta keep an eye to the real thing. After all, it's an investment. You can get either of two things, you made your money worth the shot or lost it.

[Jaya912]

Going down in market is expected by trader who take chance to buy low.
If you bought altcoin just remember to buy in low price. If you buy in high price it think the price will go down as correction. Make sure to buy popular altcoin. Its better than pump and dump coin.

[Lani-Tani]

Price of altcoin is going down because the price of bitcoin increase. Normally bitcoin price will affect to altcoin price too.
And maybe you bought the altcoin too high and now its the correction.

But why bitcoin affect to altcoins? They have nothing together and the price should be separated.

[Disna]

in trading the price up and down is a natural thing, don't panic or you will regret when the coins you buy will rise higher than the price you buy time things you need to do wait for the right time to be able to resell and earn bigger profits

[Supercrypt]

why are all these cryptocurrencies are going down?

this may be due to the rise in bitcoin prices but believe in certain altcoin prices will soon rise after the bitcoin is corrected

Nothing lasts forever. Bitcoin price will definitely experience some correction at some point and when that happens, we will end up seeing some good number of Altcoin doing their thing. So far, a whole lot of attention has been shifted away from Alts even despite all they bring to the crypto table, as time goes on when bitcoin gets stabilized and this whole bull run stops for some time, then we will have some breathing space for some of these alts.

[slashz9]

I think it's a common thing but maybe the main cause is the rise in bitcoin prices that are too high so the value of altcoin weakened all, but I think you have to be patient because the market will always change

[hitrawal91]

why are all these cryptocurrencies are going down?

The cryptocurrencies are going down because they are in pullback or short correction mode, which comes after every strong rally and infact use this opportunity to enter a strong position with valid entry and exit points which will be planned by yourself according to your tradeplan. And the problem you lost 20% is all because of bad planning, I recommend you to make a good trade plan before taking any trade entries and then trade according to that plan and your money management.

[SamsungBitcoin]

I think it's a common thing but maybe the main cause is the rise in bitcoin prices that are too high so the value of altcoin weakened all, but I think you have to be patient because the market will always change

Correct, it showed that value of altcoin are based on the bitcoin value, theres no wrong with you mate we do not expect the quick increase in bitcoin value even my altcoin all of their value are decrease deeply but i only keep them because i know it will change in the next year which will be ghe year of altcoin.

Hoping OP will recover its losses, i will recommend that do not be panic that is the main reason why many users suffer for losses and missed the opportunity to earn profit. We are here in crypto no stable value of coins all of them are changing constantly we should timing to buy and sell to earn good profit.

[nabilanur]

Don't worry for this matter.Because all cryptocurreces have a connection with bitcoin.Suddenly bitcoin going on the moon and all altcoin price are dump.
Just wait for altcoin next pumping.

[Lhaine]

Its hard to accept that you lose your money in just one click, but you need to accept that losing money is part of trading, that's natural, just study a lot about trading so you have learn avoid losing money  .

[Bonsaiav]

why are all these cryptocurrencies are going down?

This viewpoint seems reasonable because it is largely consistent with i`m everyday experience.
But, you haven`t lost everything yet.
Actually, you can just continue with good, because there`s still some crypto that survive and keep going up.
Do the analysis here https://coinmarketcap.com/

[mx667]

Its hard to accept that you lose your money in just one click, but you need to accept that losing money is part of trading, that's natural, just study a lot about trading so you have learn avoid losing money  .

One of the most painful things about trading is that. From the beginning you decide to do trading, you must know the risks and consequences of every action and transaction you make. In every transaction you make when trading, it must save the risk between loss and profit. You can lose and profit at any time, different if you build a store or a company. Keep learning if you believe that you can be successful with trading, but if you do not like to take risks, you should look for other opportunities to channel your ability and time. You can try to build a mining business, or work on projects to raise money.

[Pedro18]

why are all these cryptocurrencies are going down?

It's okay. You just need to wait for the altcoins action, it's because bitcoin is still pumping, bitcoin is very fast to reach high prices. When bitcoin price is high, altcoins price is very low. We just need patience.

[Superways]

why are all these cryptocurrencies are going down?

keep patience and you will see the price of them again increasing. If you are talking about only bitcoin then it is only a smaller correction and because of some rumors people are selling and when they will find that the price will increase then they will again start to buy and for other altcoins I think people are putting their money in bitcoin right now and when they earn their profit then they will come back to altcoins so the price of them will again start to rise.

[Nerman]

why are all these cryptocurrencies are going down?

Most likely you are new to trading in general because if you understand trading you would know right away that correction is inevitable. If you bought on the peak price and sold it at the bottom then you need to rethink your strategy. Always have a game plan when doing a trade because if you do not have one you will lose not only 20% but 100% of your budget. Do more research about technical analysis or at least the very basic of candle sticks. Try to also research wave patterns.

Also be cool and do not be emotional this seems easier said than done but if you become emotionally unattached to your trading you will be a better trader.