nipunchathu123 (OP)
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November 30, 2017, 08:27:53 AM |
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why altcoins prices rapidly going down now
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Catmony
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November 30, 2017, 08:31:34 AM |
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In simple words : traders and whales are taking out profit.
In complex terms : current correction might fuel another round of dump all over crypto market.
Its better to make early exit.
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gribble
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November 30, 2017, 08:36:46 AM |
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why altcoins prices rapidly going down now
For the simple explaining is because of the price of bitcoin is going down, so all of the alternative coins follow the bitcoin's price too, we know that the bitcoin is main digital coins, it is first digit coin in the world be used for price reference to all of the alternative coins. For the complex explain about the alternative coins price is going down, it depending on the aspects of fundamental alternative coins due to right now not all of alternative coins are going down, we can see dashcoin is up trend although the price of bitcoin is down, don't be fear the price will be going up again. |
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thedec4
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November 30, 2017, 08:41:24 AM |
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The prices will go up again.. the prices fluctuate every so often and they all seem to follow certain patterns.
But the coins shall come back more powerful with stronger prices. It might just take a little bit of time again.
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needfix24
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November 30, 2017, 09:13:20 AM |
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Soon it will go up again,., dont just dump your altcoins that thinking it is just a shitcoins. What if sooner or later the value went up.
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madgtr
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November 30, 2017, 09:17:01 AM |
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It's simple, if the whales took their profit (DUMP), they will re-invest and the coins will start the pumping procedure again.
It's a cycle, what goes up, must come down and then go up again.
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Pulsarin
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November 30, 2017, 09:23:05 AM |
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The cost of altcoin will only grow. People need to earn and they will move the price up.
Buy some coins for long time and you will win (profit).
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AgatioX
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November 30, 2017, 09:27:51 AM |
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Alts actually grow.But much slower then bitcoin.
And alts lose value in BTC too....so for me since may was much more profitable to hold BTC unfortunately.
Well too late to change anything.Whales want their BTC's
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mrshare
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November 30, 2017, 09:29:58 AM |
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Do any one know about Withcoin(WTHC)? it's worthy to invest? Thank all
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niisarearning
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November 30, 2017, 09:30:34 AM |
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In simple words : traders and whales are taking out profit.
In complex terms : current correction might fuel another round of dump all over crypto market.
Its better to make early exit.
Yes your point is valid "Its better to make early exit" because everyday i am waiting for some good thing to happen in my altcoin portfolio but everyday its going even worse thinking to sell all my holding and take rest for some time. |
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prlelbnwh
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November 30, 2017, 09:45:04 AM |
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Because traders want Christmas, they need to make profits and buy everything in their lives, they started a massive sell-off and this happened last year, so it is no accident.
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Zandra
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24/7 COMMUNITY MANAGER 💯
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November 30, 2017, 09:58:55 AM |
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why altcoins prices rapidly going down now
Yes the coins are dropped quickly but I think the amount of coins will not go down shortly afterwards its price will rise again and I think it will be much stronger. |
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nl247
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November 30, 2017, 10:10:56 AM |
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The prices will go up again.. the prices fluctuate every so often and they all seem to follow certain patterns.
But the coins shall come back more powerful with stronger prices. It might just take a little bit of time again.
They definitely are going to. What is happening right now is normal in the market. BTC is taking a huge correction at the moment, so you should expect a lot of traders and whales trying to take their profits. In case like this, Alts normally have it bad as well as they really get dump for traders to move in to the quick show to cash in on another upward movement on bitcoin until everything gets stable for a while. |
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ARtema
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November 30, 2017, 10:11:17 AM |
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Alts actually grow.But much slower then bitcoin.
And alts lose value in BTC too....so for me since may was much more profitable to hold BTC unfortunately.
Well too late to change anything.Whales want their BTC's
Well What do you think about the Dash surge? Does anyone can explain this phenomenal growth?? |
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Lm2e4
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November 30, 2017, 10:14:38 AM |
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why altcoins prices rapidly going down now
For the simple explaining is because of the price of bitcoin is going down, so all of the alternative coins follow the bitcoin's price too, we know that the bitcoin is main digital coins, it is first digit coin in the world be used for price reference to all of the alternative coins. For the complex explain about the alternative coins price is going down, it depending on the aspects of fundamental alternative coins due to right now not all of alternative coins are going down, we can see dashcoin is up trend although the price of bitcoin is down, don't be fear the price will be going up again. Yeah, we shouldn't be afraid though almost everything is turning red today, all prices will go up soon again, but which we don't know when? I cash out some of my bitcoin because I want to buy something important, and I'm lucky I cash it out at more higher rate and I can tell it is one good decision. But I still left more of my bitcoin because I believe bitcoin price will soon go to $12,000. Just guessing!  |
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needfix24
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November 30, 2017, 10:19:40 AM |
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If all people invest in altcoins and hold it,. and that altcoin has limited stock, im sure the price will grow rapidly.
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Olalomi
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November 30, 2017, 10:26:12 AM |
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Maybe more attention is on bitcoin considering it present price hike and probably investors are selling off there coins and spent their money on other things.
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ethereumhunter
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November 30, 2017, 10:26:33 AM |
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why altcoins prices rapidly going down now
it is because of bitcoin price increases so it makes altcoin price going down. but after bitcoin price down then the time for altcoin will come and we can see the price will increase again. don't too worried about altcoin price now because it will rise back so we can sell at the high price. but I am sure that another altcoin trying to increase although bitcoin price increases too. |
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gredisgold88
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November 30, 2017, 10:35:39 AM |
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whats a altcoin the price down? , if counting with usd some altcoins no decreased significantly. if you looking price with small value btc , this is more lucky to sell altcoin with calculated ubtc.
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talkbitcoin
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All I know is that I know nothing.
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November 30, 2017, 11:06:42 AM |
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they are getting dumped mostly. as bitcoin rises it is like a needle that pops all their bubbles with a single move. and traders know this already so they act faster and cash out before the bubbles burst.
afterwards as the drops start and prices come down the second step of dumping starts by the newbies who were bag holding and are not scared so they dump and crash the prices further down.
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