EVERY SINGLE COIN is down!!

[JohnHero]

The altcoin were sillent when BTC went to 8.000 but when the pump and dump happened with Bitcoin Cash, Altcoin started to win some ground, which they are losing right now.

[ardhigalau]

You must be new to crypto  corrections like this happen every time. At least about every 3-4 months. The overall market cap went from 200bln to 300+ bln so fast it was just a matter of time that big whales would take advantage of the situation by creating a panic sell among the new investors which don't know drops like these. Just hold your coins and in a week you will see new hights.

I agree with you, it is a natural thing. To me this is "Market price stabilization", no price will continue to rise, all definitely down. And someday it will surely rise drastically.

[audrey12]

I've seen this so many times   take a look after few days or weeks then you'll be surprise with the next value of those coin. Bitcoin just fluctuates for me the is still high compare to its value in the previous month, it is really something we should not be worry about unless you does not plan to hold your coins for a long term and plan to sell them today, otherwise sit back and relax  

[indriyanti]

Every single coin is going down in the list. I have never seen like this where every single coins go down.  I have seen where most of them were down but at least 10 or 20 coins were up.

But this is the first time where every single coin is going down.  Did it ever happen before?

yes it did happen before. i think that you are new comer to cryptos as i am. but,  i have met this situation twice when all altcoins fall to the ground. its a good condition, therefore, to collect more coins in a lower price, unless, u have bought ones for a high price. there nothing weneed to but hodl til it recovers

[RamBahadur.Gurung]

We've seen this so many times. Just two months back, Bitcoin fell from $4,500 per coin to $2,900 per coin after the news about the Chinese exchange ban came out. Actually, it is getting repetitive.

[tr3yson]

This is just normal after Bitcoins price reached a new peak at shortest span of time. It is a domino effect which starts from bitcoin itself but there is no need to worry about it and most especially to panic. Instead, buy and accumulate the altcoins you prefer while they are at the lowest price so you won't have any regrets if they return to surge up again.

[Delos]

Just be cool. There is nothing to fear.

[mobnepal]

Every single coin is going down in the list. I have never seen like this where every single coins go down.  I have seen where most of them were down but at least 10 or 20 coins were up.

This is not the first time, it is normal correction after huge surge. I have seen blood bath like this before too, not once but many times.

Huge surge with several corrections in middle will make pump stables and help to build enough buy support to keep prices high. Corrections are necessary for healthy price growth.

[RamBahadur.Gurung]

The altcoin were sillent when BTC went to 8.000 but when the pump and dump happened with Bitcoin Cash, Altcoin started to win some ground, which they are losing right now.

Most of the altcoins benefited from the rise of Bitcoin. BCH was trading at $300 per coin two weeks back, and now it is trading at $1,400 per coin. Litecoin has also increased from $50 to $80 during the same duration.

[MostHigh]

well, i saw it coming, the rise was out of this world, i just knew some few wealthy ones were manipulating the market and now this big fall. Just hoping it recovers in time for Christmas or am doom

[Sadlife]

This is just completely normal, correction is healthy for crypto currency especially with this crazy price leaps a correction is expected. Some whales in the crypto world made some sells of their digital currencies but dont be alarmed the price will recover after a few weeks. Just take advantage of the dip right now.

[xBitHodler]

It is obvious that you are new if you haven't seen anything like this before. It happens once in a while. People want to sell what they have earned right after reaching the ATH (all time high). More and more people are exchanging their altcoins to Bitcoin in order to sell it and probably to buy it a few days later when the price decreases. I wouldn't recommend you to sell it, you have to see it yourself how the market behaves in such situation. Nobody wants to be blamed for your loss.

[toddy47]

Just as easily as the coins rise, they can fall. It was only a few weeks ago that this last happened. Short term changes shouldn't be important, just the result over a few months.

[ashfer]

It is normal in every market for the investor to withdraw from the investment when they find their investment is running on huge profit and it is normal for it to affect its market value when all the investors make a sudden withdrawal of their investment and its a not a new thing for the price to go down.BTC price will anyway cross 10K in few days time as more investors are flowing in due to its unexpected profit margin.

[cotton ball]

The altcoin were sillent when BTC went to 8.000 but when the pump and dump happened with Bitcoin Cash, Altcoin started to win some ground, which they are losing right now.

Most of the altcoins benefited from the rise of Bitcoin. BCH was trading at $300 per coin two weeks back, and now it is trading at $1,400 per coin. Litecoin has also increased from $50 to $80 during the same duration.

There is a red line where altcoin will drop with the rise in bitcoin prices, but that is only temporary because it will eventually increase as the market focuses back into altcoin, this makes perfect sense because bitcoin is a crypto upstream transaction and altcoin will remain accommodated thereafter.

[praetor_delius]

It's the holiday season, people are pulling out cryptofunds for fiat.

[gjtnwls1]

Most likely, whenever Bitcoin is going down, other alt coins are going down too.
Bad thing is when Bitcoin is going up crazy, alt coins are going down or going up very little.

[Ayasena]

i have been experiencing this altcoins crumbling down twice. i guess you a newbie to crypto currency as i am because many has mention on the previous comments that it happened many times. i consider this situation is a right time to accumulate more coins in a lower price, then we just have to wait until they recover to get some profits

[sqid]

The theory is also that people are taking profits at the top and selling Alt coins to fund the next buying phase when the price

take a dip. The dip usually trigger some bots to protect their traders investment, so it takes some time for things to correct

after this happens. When the human behind the bots take over, they buy in again on the dip. Buy low and sell high in motion.

That makes sense.   Wish you had told me earlier.
I've been buying alts with fiat and then moving to more liquid exchanges ready to buy into BTC on the next dip.   Duh..... Need to rethink my strategy

[Z.X.]

"The herd has arrived."
It will shake, shake, shake, the market, with large amounts of money, and trying to get on board gradually, as cheaply as they can.
Do not let them go in cheap.
The market will be crazier and crazier.