Who knows why every crypto is falling?

[Darin2]

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

Maybe, but yet again some bad news is needed to create a FUD.

Ban in China, ban in Korea or whatever

[sirkings0003]

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 is just unfortunate, that is common to all the markets especially cryptocurrency. However, find what i think that is the reason why the prices are nose diving.

https://www.forbes.com/sites/sarahsu/2018/01/15/chinas-shutdown-of-bitcoin-miners-isnt-just-about-electricity/#191b2525369b

[jayco25]

it is one of the reason why altcoins and token drop. considering also that whales or investors can manipulated the market. they can pump and they can control also the price they want. hoping this week price of coin and altcoins will rise again

[finthebar]

It looks like the Koreans came out with an announcement overnight - about increased regulation, yada, yada - and around the roller coaster we go. The market is no doubt panicking in some places as a result, but like all such announcements, if you believe in the fundamentals, sit tight and dont sell into the downward slide.

[lecomputer]

yeah I put most of my savings on recently in the dip after it hit 19k. I thought I was getting a good price. its dropped over 4k euros since I bought, which is very painful to experience. I wish I had waited, but then of course its easy to say in hindsight and if it had gone up I would be saying the opposite

I'm not feeling good right now as I'm new to all of this so it feels like I've made a big mistake

[erickkyut]

I think the main reason behind the current crypto bloodbath is the massive price correction plus the FUD or the fake news about South Korea banning the crypto currencies. There's no need to panic. After this, the crypto currencies will become stronger and expect of more pump on your coins.

[Pasadoble]

to make it a good time to buy. its a volatile market but it has been like this for quite some time, all is good, nothing weird.

[andiko]

This is a natural process of falling after strong growth. The reason is not even in the bad news. The reason is the overbought market of cryptocurrency.

[Jltan]

There are various reasons. Trend is going bearish currently which is normal after few months of bullish market. Usually tokens price will follow the major coins, when those starts to drop other alt coins will follow suit. Wait a while more and it will be a good time to enter.

[steph78]

Hi all,

I am really new in the crypto world so I may be wrong, but I always think that, even behind digital currencies, there are some human beings.

If all of us worry, it will go worst and worst.
If we consider it is an opportunity to buy, prices will increase.

Personnally I will do some shopping, and I am sure I will not be the only one.

[thedjnivek]

Patience is the key. Hold and wait

[Firefox07]

I think this scenario is normal in cryptocurrency world. The market keeps moving every hour. But i think the price drop will be over soon and all crypto will grow up again.

[Naficopa]

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.

There is a lot of hype around Korea and China which certainly affects the price falls. FUD and bad news lead to sales. After correction, everything should return to normal and the price will increase.

[zhekinsp]

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.

This question is really hard to answer because no one knows when the price will fall and rise it is all happening due to decrease in the demand for crypto currencies.This maybe happening due to many exchanges stoped accepting new users so it decreases the demand litte bit but the price is falling in a huge rate like it was fell upto $130B in total coinmarket cap of crypto currencies.So it is better to be patient now than selling our coins for loss it maybe a trap of big whales too.

[Elie Saab]

The cryptocurrencies market is currently being manipulated and controlled by large individuals and organizations around the globe, with a lot of negative news related to the cryptos trading that would seriously affect the exchange rate of all. the money. But forecast next week, the market will return to normal growth.

[speem28]

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.

It's very risky to sell your altcoins or bitcoins because you will never know if you will be making the right decision about doing it. You are unsure if its price will continue to drop or will recover and start increasing times fold than which is more frustrating for us thinking that we could've earn more if we just hold for a little bit longer.

[fredo123]

It matters on the big investors behind, For us, its quiet, unpredictable because thousands of people globally are doing daily transactions on it. We can't do nothing, but to wait the result:)

[DannyHamiltom]

I am very worried now, my coin has dropped more than 20 percent, my assets are less than 20 percent, I don't know how to do it now, do I continue to hold or sell it?

[darrly]

Its not necessarily a bad thing. If the price went down especially when those cryptocurrencies that are promising, you should be happy because you can buy some more for less cost. Just hold what you currently have and dont panic. Ot will rise again.

[LeveldKrypto]

I am very worried now, my coin has dropped more than 20 percent, my assets are less than 20 percent, I don't know how to do it now, do I continue to hold or sell it?

This is only my view of it, but i dont worry. This is totally normal in the crypto world, and the whales is rubbing their hands right now. The price will go up again far more than the 20%. This is still only a correction, its not a crash. it will come back up. Personally i just bought some more coins today, as i see this as a great discount. But if you dont believe in the future of cryptos, then its different, because you will have bad feelings everytime the price drops. So its really up to you, but personally im not worried. Short term investing in this business can give a man heart attack if you dont hold your nerve. HODL