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Author Topic: All crypto prices are going down.  (Read 1824 times)
Kastraore (OP)
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November 30, 2017, 04:39:52 PM
 #1

Oy there,

Im a new individual here and in crypto coin market in general looking for a shot at greatness.
Not sure if i posted this where i should have but all crypto prices are going down massively for the past 2 days. What is going on?
Giamme
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November 30, 2017, 04:42:38 PM
 #2

I think the right section should be "Speculation" section.

In any case, I'm still asking the same question but I still don't get why all the crypto market went down.
Actually, I'm really happy cause this looks like a week late Blackfriday.
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November 30, 2017, 04:49:23 PM
 #3

Oy there,

Im a new individual here and in crypto coin market in general looking for a shot at greatness.
Not sure if i posted this where i should have but all crypto prices are going down massively for the past 2 days. What is going on?

You're asking what is going on? I can reply it is a show is going on and it's name isto fix their profit.
Just it. It's going to be a next BTC hard fork in the next month so 5-7 days later people gonna to start buying Your Majesty BTC again for getting some more BTC hardfork child and make some profit before X-mas.
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November 30, 2017, 04:57:30 PM
 #4

What is gonna be? SBTClaus
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November 30, 2017, 04:59:50 PM
 #5

I think that its normal...this hapen in october and all crypto fall but now they are in the moon

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November 30, 2017, 05:17:00 PM
 #6

a lot of new comers  people cashing out

tosmartak
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November 30, 2017, 05:24:39 PM
 #7

It is expected. It has been a huge bull run for the past few days and corrections are a norm and it depicts good health. Worry less as a newbie and do not panic sell at any point. It will pass and we will start testing new ATHs very soon. Remember, Rome was not built in a day.
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November 30, 2017, 05:28:49 PM
 #8

Its normal because all coins are depend from bitcoin, so bitcoin price gone down in short time also altcoins same. In short time they ll increase all..
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November 30, 2017, 05:31:37 PM
 #9

All altcoins + bitcoin price might get huge correction for next few days before making floor at $9k for another bull run. Corrections like this is best time to buy some cheap coins for quick profit.

Buy top 10 alts at price you can afford to during current or upcoming correction/dump and hold them for atleast few months to get maximum profit out of your investment.

 
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November 30, 2017, 05:38:54 PM
 #10

All altcoins + bitcoin price might get huge correction for next few days before making floor at $9k for another bull run. Corrections like this is best time to buy some cheap coins for quick profit.

Buy top 10 alts at price you can afford to during current or upcoming correction/dump and hold them for atleast few months to get maximum profit out of your investment.

All as amacar2 said before, but I suggest to hold coins at least two years if you want to make a really good profit.
Of course, we're talking about strong coins from top-10, not about a shitcoins from top-1000

Just buy, send it to a cold wallet and FORGOT ABOUT IT for a few years. Don't make overtrading mistakes.
Experience shows us that holding is a more proficient strategy if you don't have any experience in trading.
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November 30, 2017, 05:41:44 PM
 #11

This is just normal with its bullrun this past few days/weeks a correction is most likely to occur and corrections is completely normal as it shows good health the fall of price is probably cause buy the whales to make profit or cause a panic sell for newbies.  Just dont panic continue to hold your bitcoins and continue to HODL bitcoin you will experience new all time hughs after a few weeks.

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neinnein125
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November 30, 2017, 05:45:17 PM
 #12

I saw many people expecting and even calling (on twitter) this trend to happen. It is just regular day in crypto markets. When there is profit, there will be people short selling. That is it.

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November 30, 2017, 05:46:46 PM
 #13

It is expected. It has been a huge bull run for the past few days and corrections are a norm and it depicts good health. Worry less as a newbie and do not panic sell at any point. It will pass and we will start testing new ATHs very soon. Remember, Rome was not built in a day.

So you consider this as a whole market correction? Usually, I see corrections on specific coins, not a general correction.
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November 30, 2017, 06:19:35 PM
 #14

Oy there,

Im a new individual here and in crypto coin market in general looking for a shot at greatness.
Not sure if i posted this where i should have but all crypto prices are going down massively for the past 2 days. What is going on?


First off welcome to the crypto world I hope your journey goes well. Second to answer your question if you were around a few weeks ago you would have notice that the marketcap went from roughly 180B to 340B in a matter of a few weeks. This kind of growth is not sustainable long term and naturally some of that money was going to come out of the market. Nothing to worry about because that was pretty much always going to happen some people taking profits. That being known though I would not panic because this may be your shot at greatness. Take a look at what coins have lost a lot of value the last few weeks and see if their are good fundamentals to back them up. If so take a dip into whatever coin fits the above profile because when the next bull run hits you will make a tidy profit for yourself!

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November 30, 2017, 07:01:04 PM
 #15

Bitcoin is always the top most crypto currency in the crypto market when the value of bitcoins increases there is a chance for alt coins to go down due to more demand for bitcoins and new entrants are entering the bitcoin community as this network has the capability to be a trillion dollar market so most of the investors will be looking on to invest more on the highest or the top most crypto currencies which can help them to earn more profits by increasing  ten times the value when they invested as bitcoin market always surges with a huge leap like if you see the crypto market of 2017 in the beginning of this year the value of bitcoins was around $1000 and it has reached upto $11000 but now there is a slight dip like in normal stock and share market, within no time there are chances for the bitcoins to increase the value soon. when there is a slight dip in bitcoins then the value of altcoins increases as people start to invest in altcoins too.

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November 30, 2017, 07:07:15 PM
 #16

This decline is a sign of gambling. Soon the price will go up grow.

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November 30, 2017, 07:07:35 PM
 #17

I think the drop of bitcoin cause by short-sale token. People are rushing sell their token and that's make the price drop

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November 30, 2017, 07:11:53 PM
 #18

Oy there,

Im a new individual here and in crypto coin market in general looking for a shot at greatness.
Not sure if i posted this where i should have but all crypto prices are going down massively for the past 2 days. What is going on?


Not all of the are in red, don't generalize that. Some of them are doing quite good, despite general situation with BTC.

But damn that greed, we are never satisfied, if few weeks ago someone said to me what situation will be today, i would had signed right away. But no, we want more.
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November 30, 2017, 07:16:13 PM
 #19

I guess the big correction has began! It looks like that at least. I think we'll see BTC at 6000$ and ETH at 300-350$ once again for sure Wink

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November 30, 2017, 07:18:41 PM
 #20

Also, it's not all coins. There is a small number of coins in the green right now, you can find them on coinmarketcap. Those are serious uptrenders, going against the flow even when all the market is bleeding. Watch them closely.

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