Who knows why every crypto is falling?

[akram143]

 When I saw the prices of crypto currencies there is almost every coin's price fell upto 20%.Do you think this is just happening due to South Korea's ban over crypto currencies or there is other reasons for that.

I hope the condition will be back normal soon but I am worried a lot.

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[Chris314]

I'm not, it's frequent there are dips in cryptocurrencies, corrections. It could even go lower without breaking the long term upwards tendancy. Don't forget that only two months ago, bitcoin was around 6k$.

[Darin2]

It is usual. It's not a nice feeling, but after a rise correction follows.
Just hold, maybe buy some more.

[nhanhzam]

Don't worry, bloodbath is normal in the crypto world. It is actually a good time to do some shopping ^^ Many coins are for sale right now

[ChaitanyaKosaraju]

I believe it is phase of consolidation just like in stock exchanges, crypto may regain its bull moment anytime. But keep in mind one thing crypto is in nascent phase, it is believed to be the future but no one is sure how it may turn out to be, you should be willing to take that risk

[Nefarious]

It's really frustrating for me personally because I need to sell some in order to pay some bills. Been trying to avoid it or at least wait until the price had recovered a little but it just seems to be getting worse. Normally the day to day price doesn't bother me because i'm a long time holder, but today's bloodbath came at the worst possible time

Watch the market make a spectacular recovery 2 minutes after I sell  

[CodyAlfaridzi]

When I saw the prices of crypto currencies there is almost every coin's price fell upto 20%.Do you think this is just happening due to South Korea's ban over crypto currencies or there is other reasons for that.

I hope the condition will be back normal soon but I am worried a lot.

I don't think there's a reason behind this "correction", that's why I think we shouldn't sell here. It might be a bull trap before another megatrain to $20K and above! Seriously though, this is the biggest unrealized loss I experienced in 2018 so far and I totally never saw this coming. Too bad I already spend my spare USD and BTC few days ago for altcoin shopping ... right before the crash happen huh.

[caretaker]

Guys, it's falling because there are some websites saying that Korea is planning a BAN on cryptocurrencies

[Jenits]

No one know crypto price is going failling because crypto is unpredictable.

[kdiag]

so does the ban on crypto trading in China.
but the decline and growth occur constantly, and this deep fall we will experience.

[swissgang]

I do not know if there is a reason for this falling but it would happen anyway, but I do not think still it is good time to get some coins, they will go lower in the following weeks.

[Dapper]

Or it could be a further downward spiral.    The market is the market.   Anything can happen.

[drakegon]

When I saw the prices of crypto currencies there is almost every coin's price fell upto 20%.Do you think this is just happening due to South Korea's ban over crypto currencies or there is other reasons for that.

I hope the condition will be back normal soon but I am worried a lot.

It's just a dip, it's not a failure or anything of that kind. Soon enough prices will be back on the right track, patience is the key.

[niisarearning]

Being a crypto trader about a year i have seen lots of dumps in all altcoins which i trade more than 100 No matter which coin it is . So this dump is temporary may last for months or 3 months not sure but huge pump will happen for sure . So grab as much as you can dont look back until you get good profit

[Celsiuss]

I'm freaking panicking. But I know that it has happened before and it will happen again. It should be okay with the market stabilizing again sooner or later.

[Parwesh Chaudhary]

Surge and drop is mainly regulated by the announcement made around a particular crypto, some announcement has positive while some has negative impact. The more famous a curreny is the higer impact it gets from positive and negative announcement.

[Wubalubadubdub]

It's so easy for Chinese goverment to drop the crypto prices, lol

[RodneyKings]

I don't worry at all on my end because I know that crypto currencies are very volatile, it could go up and down any time. If you've been in crypto world for quite a while now you'll soon realize that there's always a blood bath which also means that it is time to top up and buy more coins.

[Dzernej]

I wouldn't worry about it. I think this will be that same like last year in summer and we all know what was later on in autumn. This will be small drop. Just HODL and wait for come back

[zakalwe]

I'm confused now. Who banned crpytocurrencies / exchanges, South Korea or China? Can someone paste a link here, doesn't matter which language.