Altcoins price falls down..! why?

[anushkasachith888]

 What is the real reason behind current altcoin price fallen?

[Hellobx]

Because of the fake news from South Korea: it will limit the use of cryptocurrencies and bitcoins, and that's why today's crash.

[anushkasachith888]

Because of the fake news from South Korea: it will limit the use of cryptocurrencies and bitcoins, and that's why today's crash.

So it is the only reason? what about today hardfork factor ?

[Welckomtome]

What is the real reason behind current altcoin price fallen?

Most likely this is related to the news on Korean exchanges, but everything will grow you can not worry about it!

[cryptonoob312]

There's no particular reason. High volatility is normal for cryptocurrencies. Also look up some market rules and you'll see that ups and downs are normal just before new year. So, current drops are temporary. Nothing to worry about. Altcoins will go up again soon.

[Davinus]

What is the real reason behind current altcoin price fallen?

Bitcoin goes down = altcoins goes down, there is no science, when the king dies, the same happens with the altcoins, you do not need to be an expert to know this.

[anushkasachith888]

There's no particular reason. High volatility is normal for cryptocurrencies. Also look up some market rules and you'll see that ups and downs are normal just before new year. So, current drops are temporary. Nothing to worry about. Altcoins will go up again soon.

Hmmm. I guess so, As you think Korean fake news has no major impact ?

[anushkasachith888]

What is the real reason behind current altcoin price fallen?

Bitcoin goes down = altcoins goes down, there is no science, when the king dies, the same happens with the altcoins, you do not need to be an expert to know this.

okay then why When BTC goes up Altcoins go down? When the king goes up, others should follow him...

[Al-Qadhafi]

BlazedAndConfused
Alts rise when they either have stellar news, or when BTC goes sideways. When BTC goes on a bull or bear run, alts tank.
Bull run means btc goes up so alts have to go down to basically maintain an equalibrium value of their relative USD to Satoshi levels.
People know this, so they often sell their alts to ‘weather the storm’ of bitcoin going up like a rocket.
They then buy back in cheaper with more buying power. When bitcoin drops, its usually money leaving the market.
Scared money cashes out into tether and other safe haven coins like ETH or LTC. So money, again, leaves.

[chaosfourever]

You need to invest in the right alts and you wont have the issue. My alts Ardor and Deeponion have only been going up lately. I suggest you look into them.

[rodalutor]

What is the real reason behind current altcoin price fallen?

There is some FUD around regulation in south korea which is one of the biggest crypto markets. Alts haven't suffered too bad though, I think they'll be fine in a couple days time.

[Patrick_Bates]

Every one trade it to fiat to purchase gifts for X-mas and New Year. In January it will start rising again. So, if you want, it`s the best time to pusrchase some ETH or BTC right now.

[Eclipse2021]

A friend told me that all the market will crash and here we go , bitcoin dropped over 7k in 2 days. We are now in the volatile era , it will be a short one , but maaan , most of us will loose money if we invest or gamble on market now.

[Irkytsk38rus]

What is the real reason behind current altcoin price fallen?

So this is a good reason, buy extra coins, at good prices, and the price falls because of the news

[marks1976]

Because of the fake news from South Korea: it will limit the use of cryptocurrencies and bitcoins, and that's why today's crash.

People are so blindly to take it as the serious problem. remember at the previous month the korean exchange site try to ban the bitcoin and then it doesn't work at all and this time they are spreading another FUD again to the market. If they are try to pushing the south korean exchange site and then all of the traders will more to another exchange site for sure.

[TudorOzy]

Just following the waves of FUD , no worries, January will come and will rise .. hopefully . As someone already mentioned, news, bad ones always make the market shiver.

[bastien112]

Ripple does look pretty good though ! Thanks to Japan mainly.

[anushkasachith888]

You need to invest in the right alts and you wont have the issue. My alts Ardor and Deeponion have only been going up lately. I suggest you look into them.

Ardor is a promising coin. I will look for them. You got XVG?

[cryptoquality]

Because of the fake news from South Korea: it will limit the use of cryptocurrencies and bitcoins, and that's why today's crash.

I don't really see any crash in the market and not all the alt coins are falling. some is falling and some is rising.

There is always those kind of speculations coming from different countries. Market is not reacting to those news so much.

[anushkasachith888]

Ripple does look pretty good though ! Thanks to Japan mainly.

How if Illuminati decided not to accept XRP according to their agenda?