fadel (OP)
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November 29, 2017, 11:11:17 PM |
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why are all these cryptocurrencies are going down?
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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layoutph
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November 29, 2017, 11:25:14 PM |
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Because you bought at the top. Don't worry we are just in the bitcoin correction. If you want to grow your bitcoin. Then buy alts, if you want to save the usd value then sell your bitcoin to USDT. why are all these cryptocurrencies are going down?
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949miner
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Stake & Vote or Become a IoTeX Delegate!
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November 29, 2017, 11:39:39 PM |
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It means that you are so impacient, you bought at an all time high, and you are complaining? Which altcoins have you bought? Bitcoin is going down, but there is nothing to worry about because we all know that it will recover back again sooner or later.
I think that you only bought crappy alts, because most of them are at least at -3% or -5% maximum, the only ones who are -20% are those who are over the top 85* of coinmarket cap.
I dont understand why a lot of people are still investing in those crappy coins, monero, ethereum & litecoin are always going to be the most profitable altcoins that are already listed.
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Proximity Scan
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November 29, 2017, 11:40:58 PM |
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Because you bought at the top. Don't worry we are just in the bitcoin correction. If you want to grow your bitcoin. Then buy alts, if you want to save the usd value then sell your bitcoin to USDT. why are all these cryptocurrencies are going down?
Most of us bought them at the top. I know how to act patient, it is the key everybody says. If we sell with panic, we lose more money than 20% then it's the best to wait patiently. The market could go up harder following days. |
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Hamphser
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November 29, 2017, 11:51:56 PM |
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why are all these cryptocurrencies are going down?
Welcome to crypto world buddy! This is the risk you should really be aware off since you do invest into coins which are really very volatile and if you do lose up money then you just simple bought on peak prices and which the price did go down why we do lose up some of our capital which is common. Wrong entry would really result into a loss for sure but we should not panic instead on selling on loss better to hold it off since theres still chance that it would really recover up soon.Better to buy more cheaper alts. |
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Jaya912
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November 29, 2017, 11:52:48 PM |
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Because you bought at the top. Don't worry we are just in the bitcoin correction. If you want to grow your bitcoin. Then buy alts, if you want to save the usd value then sell your bitcoin to USDT.
How can we know if our decision to buy or sell bitcoin is nearly good choice?? Buy altcoin i think better choice than just sell it into usdt. Altcoin down since the effect of bitcoin price getting higher. |
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dihari
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November 30, 2017, 12:50:57 AM |
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remember one thing in crypto exchange, you will never lose if you don't sell your coin.
people are only looking on how crypto asset going up, they don't really know about the volatility of crypto. when you the price drop, it's a normal. all you need to do is patient.
The stock market is a device for transferring money from the impatient to the patient. – Warren Buffett
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hersey27
Newbie
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Activity: 29
Merit: 0
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November 30, 2017, 12:58:34 AM |
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Maybe because you invest on a dump coins.. It sometimes
happened when you become impatient and
didnt think twice.be careful and smart for next time so things
like this wont happen again.
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C10H15N
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November 30, 2017, 12:59:21 AM |
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Relax, have a beer, and HODL.
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Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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lenj
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November 30, 2017, 01:02:33 AM |
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why are all these cryptocurrencies are going down?
In trading is recommended to use stop loss for maximum loss that you can get. 20% is maximum i think in my strategy. Altcoin remain down since price of bitcoin is grow so much. |
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mk4
Legendary
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Activity: 2758
Merit: 3837
Paldo.io 🤖
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November 30, 2017, 01:27:11 AM |
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why are all these cryptocurrencies are going down?
You must be new here.  Simply because you bought at the wrong time. I'm not the one to judge, but you probably just blindingly invested and purely FOMO'd out due to the huge price spikes on most cryptocurrencies. Why are the prices going down? Because we can never expect any cryptocurrency(or any stock and investment) to go up forever. We win some, we lose some. If you are to go into cryptocurrency investing and trading, you need to get used to and understand cryptocurrency's price volatility. |
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terrific
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November 30, 2017, 01:50:27 AM |
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why are all these cryptocurrencies are going down?
Haha don't panic man, get used to it. Are you just a new time trader or you've been here in awhile when BCH, Eth and other alts are pumping? People are pulling out their funds on crypto and most of them are the whales so the price is affected and that is the reason why you've lost 20%. Don't sell, just wait for it everything will be good after this storm. |
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entrepmind23
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November 30, 2017, 01:53:41 AM |
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why are all these cryptocurrencies are going down?
First of all, welcome to the world of cryptocurrency! Base on your question, it seems that you just made your first investment in cryptocurrency. Almost all cryptocurrencies are going down because bitcoin is having a major move. Many altcoins are traded with bitcoin as base currency that's why when bitcoin makes a massive move going up or down, altcoins are affected. Besides, bitcoin has been climbing up for the past few days so it is normal for it to have a correction because some would sell their coins. Maybe someone just say to you to invest perhaps because it is going up? Well, if this is the case then you should have search first where you are putting your money. Just relax and hold your coins because it will go up eventually. Do not panic sell. |
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johnrickdalaygon
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November 30, 2017, 01:57:13 AM |
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Price of altcoins are going down because currently Bitcoin is in more demand. Because crypto just like all other investment platforms or businesses has its ups and downs. It kind of works like a Lifeline. Yes, the machine you see in hospitals which tells if a patient is alive or vice versa.
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richcorner100
Full Member
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Activity: 616
Merit: 100
https://exip.live/
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November 30, 2017, 02:04:27 AM |
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This is always happen like this, because demand of BTC increasing and many trader sell their altcoin. And can be you bought that coin on the top, but if you chosed good fundamental coin I think the price still enable to going more up and back to normal. But if you would like to do short trade, you can cut loss it then buy other coin that in the deep price and take profit about 10%-20% enough especially for altcoin that paired with BTC, because price of BTC strong bullish now.
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Mevz
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November 30, 2017, 02:18:32 AM |
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It means that you are so impacient, you bought at an all time high, and you are complaining? Which altcoins have you bought? Bitcoin is going down, but there is nothing to worry about because we all know that it will recover back again sooner or later.
I think that you only bought crappy alts, because most of them are at least at -3% or -5% maximum, the only ones who are -20% are those who are over the top 85* of coinmarket cap.
I dont understand why a lot of people are still investing in those crappy coins, monero, ethereum & litecoin are always going to be the most profitable altcoins that are already listed.
You're right with that, why people invest in a coin with no proves of success and much worst is sometimes its a shitcoin, being brainwashed with the scammers. Im so very disappointed from the altcoins now so many release coins and i see no future with the new coins. |
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nicolas1979
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November 30, 2017, 03:05:10 AM |
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why are all these cryptocurrencies are going down?
That's real market works my friends, up and down without no one know when it happen and it's good. This is the moment when we decide to sell/ hold fast, because we can loss our asset just like you. I believe you know what happen but you look's doesn't have stop loss and that's really bad. As trader/ investor we need crypto has low price to buy again and some people take risk with " cut loss ". Cryptocurrencies will falling down if there's negative news or supply and demand not balance any more. Just keep calm and wait the right time to buy again. See you next time. |
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pinoyden
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November 30, 2017, 03:12:55 AM |
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why are all these cryptocurrencies are going down?
not all cryptocurrencies are going down, maybe some exeption like altcoins. though its just pretty normal and happens all the time due to their volatility but dont worry because they will also recover soon as long as you have patience and willing to wait. so cheer up , for sure you will get your invested capital back soon with a much greater return. |
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DGulari
Legendary
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Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
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November 30, 2017, 03:27:28 AM |
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why are all these cryptocurrencies are going down?
First of all, not all cryptocurrencies are going down. There are still few of coins/tokens which going up. Secondly, what coins/tokens you have bought? |
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aardvark15
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November 30, 2017, 03:48:01 AM |
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why are all these cryptocurrencies are going down?
Don’t panic, it’s just a temporary correction. The price went up very quickly and some people decided to sell to take profits. The price will eventually rise back to a new high but it will probably be a more steady rise than before. There is always a lot of volatility with cryptocurrency prices but we know that the trend is up and there are lots of new investors buying these days. |
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