Wtf is happening today for all altcoins?!

[ozgur35]

It is about whales as they know take their profit to make and more profit. They will be back soon or later. We, long term holders, shouldnt be worry about and I would like to remind you one of my favourite quotes;

Struggles are required in order to survive because in order to stand up, you got to know what falling down is like.

[Andrene]

Well it was a nice wave few weeks prior bloodbath.
Maybe shopping for fiats, it's sale everywhere

[maxamus]

Bears sold the market, bitcoin went to the lower levels of the price, the altcoins went after him, you need to calmly wait this moment.

We are in hope of correction as there are high expectations from altcoins as they got some amazing features but this dump is a huge set back for small scale investors as they end up with almost nothing but the only solution is to hold onto the coins and wait for the next pump but it becomes really difficult to manage emotions at times

[brainitterem]

man from 10 January , you thought that it was bloody hell, it was not! today is bloody hell haha, some coins even lost 30% in 1 day and ~ 15 % in last hour.

[timo2312]

Keep cool and hodl!

stop your emotions and your portfolio values will be green in the near future.

[coinmgnet]

Just hold your coins soon the price will recover.I think this is happening due to countries banning crypto currencies but there are more rumors are created by the crypto currency haters which results more down fall in the price then it is supposed to be.
So it is time for buying some crypto(in my opinion) so we can make more profits in the future.The new investors don't panic about price fall this is just normal scenarion when a country bans bitcoin the same situation happened with the China issue but soon the price bumped back so might happen this time also.

Long term holders won't worry about what's going on over here, this is just a passing phase which will eventually lead to more growth.

[DrYM]

Keep in mind that most alts are directly traded against bitcoin and not against USD, so when BTC goes down, the USD value of alts go down automatically, even without actually going down in their alt-BTC ratio. This is a normal correction, just need to wait it out...

[krassy]

the expected event, the time to buy the crypts, there is a correction and some time the fall will continue, the laws of the market have not been canceled yet, be patient and if possible, it is better to fill your investment portfolio,happy trade for all)))

[dado7]

Trend is never a straight line. If it continues for many days, then be worried, for now it's just a minor correction due to what happened with Korea - which is a motive, and the fact that the rise over last month was brutal - which is a (more deep) cause.

Correction of around 20% is to be expected and then the rise again. The trend is always tested by week holders, but once they go out the upper trend should continue, especially because many more experienced investors will take an opportunity to buy at low prices.

The only problem for me is the fact that the trend with cryptocurrencies is so steep that it is hard to make a technical analysis based on patterns, or even a simple Fibonacci retracement.

[aoluain]

Oh man its a bloodbath in the markets in the space of 120 minutes since
I last checked. People are panic selling leaving some nice prices for those
who see an opportunity for cheap coinage.

This is all because of the south korean government issuing an outright ban
on crypto, which still wont mean the people wont be able to get crypto.

[Prouty99]

When I first came into the space I was shocked at the volatility too, but now, including today when we are seeing 20 to 30% crashes across the board it's just meh! Tomorrows another day, I don't even find myself glued to the rises and falls any more. Lots of new money coming in and there doesn't seem to be a lot of logic as to where it is going really. Wait for the market to settle down again.

[crisk]

It keeps going down and down, don't know if it's going to stop 

[randomcash]

WOW!
TIME TO BUY GUYS!

That is an insane "overture" !

[gracer88]

Calm! There is no growth without correction! You want the growth of all the altcoins to be even greater? We wait! Soon there will be a new wave of growth of altcoins!

[maarx]

WOW!
TIME TO BUY GUYS!

That is an insane "overture" !

Its really worst guys. Come on. Move forward investing into altcoins choosing the right coins now. Still the value would go down bit more i guess. But be sure that the investors are really fill their wallets with more gains few months or one or two years if they invest and buy coins now.

There is going to be big change in recent days in altcoins values. Hope to have a good situation.

[cynical]

ah the panic has set in.
This hopefully is a temporary correction just like last year with the china ban on ico's.
These times are a perfect chance to buy at prices that you previously missed out on!
What I fear now though is that the rest of the world governments dont follow in South Koreas actions beacuse this is Cryptos Achilles heal imo.

[dakilangisajaja]

Not only Altcoins as well as Bitcoins are losing their price right now. What is the reason why the price of bitcoins is falling? Hopefully this is just a short time now it is an opportunity for us to buy at a cheap price.

[Prouty99]

Everything is interconnected in some way, I see loads of newcomers who are losing their minds on this stuff but where crashes happen opportunities arise so get out your bucket and spade and go get some alts while they are cheap then sit and wait for the bounce.

[BTCdoaA]

it is normal when the king (BTC) goes up altcoins go down when the king(BTC) goes down altcoins go down , repeated scenario for one year ++

[Thyristor]

That's my simple question lol ! Bloody as hell... Can someone explain?

Yes i see today every coin is big falling down.Although Ethereum fork is still running i know but why also Etherum going to the decreasing.
In two hours all alt is showing red signal.But do't worry just patience.