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Author Topic: why all coins are dropping?  (Read 6605 times)
shone08
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May 18, 2018, 01:55:24 PM
 #721

The crypto market is currently very unpredictable and anything is expected of it, there are some slight upward movement but that doesn't mean we are officially past the red zone. The market will recover, but at a gradual pace, and over a period of time.

Yes thats right we cannot know what will happen in the next period of time because cryptocurrency are so unpredictable anytime the price can be increase or decrease  so dont be mad if you see the marketare in red blooded situation this is a good opportunity to buy an altcoin in a dump period.

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Salesman4coinZ
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May 18, 2018, 01:57:46 PM
 #722

Its easy to explain these. Allmost all altcoins out there are traded and paired against bitcoins. So just a few amount of them is paired with usd or other fiat currency. So when the bitcoin price is going down, people think that the coin value is going down. But they dont get it that they have to watch the satoshi price of their coin and not the usd or other fiat currency price. So bitcoin price is going down, people are scared, they get in panic and they sell immidiately. Everybody is following that and thats why the price of the altcoins sinks more!

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May 18, 2018, 02:03:45 PM
 #723

I do not knoe the reason but that situation is normal only in crypro world sometimes the price goes up and sometimes the price goes down also and if you know that trick you buy more and hold for long term when the price deep down and sell it when the price goes up again.


islakevin
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May 18, 2018, 02:04:43 PM
 #724

Every weekend expect a little drop but bitcoin is also dropping thats why every altcoins are dropping so low but i suggest just hold everything in your portfolio if you have a chance or you have more bitcoin , you should buy always buy at the dip.

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May 18, 2018, 02:08:25 PM
 #725

hi, this is the normal life of market, it is going down and up, somepeople are able to infuence market, among news paper and powerfull people, so usal life

DikkieD
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May 18, 2018, 02:11:04 PM
 #726

But please explain to me if btc prices can be so easily manipulated by fud, how people can still use TA to explain upcoming downward or upward movements? What's the point to use TA when in fact it is so volatile because of events that influence price that quickly.

And my 2nd question. If part of the volatility is based on the fact that btc is paired to almost every altcoin, why aren't exchanges working their asses off to get more pairs up in the air. Technically is should be quite easy to implement I assume, so why wasn't it implemented already? How come only pairs like eth and ltc are set in place..?

Crazygreek
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May 18, 2018, 02:22:12 PM
 #727

Nowadays bitcoin is stucked on $8k and it means that altcoin are probably stucked, at my opinion people have started panic selling again and it causing those drops.

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May 18, 2018, 02:22:56 PM
 #728

I'm guessing that some countries have decided to block the coding currency that most investors worry about the future of cryptographers and they sell it in a hurry. At that time, digital currency was depreciated.
It is also possible that the Bitcoin electronic money king has decided to reduce the price to self-regulate the market making all kinds of digital currency discounts. Bitcoin will stabilize and recover higher and higher ... other currencies will not keep pace with the fluctuation of Bitcoin ...
But all the up or down fluctuations of this market are only temporary. They will stabilize and increase again.

Abraham777
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May 18, 2018, 02:29:41 PM
 #729

Evaluating crypto-currency is not so easy. Only seeing the price graph is not enough. Luck is 40%. Market prediction by seeing the graph or using technical software is 30%. Experience 30%.

More than 90 % altcoin are scam. So be very careful.

The price of crypto-currency is increasing that does not mean it is good thing for long term investment. I left these for your decision. Learn, understand then invest in it. No-one knows the future, use your wise sense of judgement.There are many agents who will tell you to buy crypto-currency so that the price goes high and big investors can utilize this by selling their crypto-currency. I think, now it is clear to you how it works and why people (agents/investors) are always telling to buy and hold crypto-currency.

“Don’t buy crypto-currencies in a hurry for a high price, wait for the right time.” I think you have got your answer, I generally don’t get time to write here but i give most trading tips while answering questions.
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May 18, 2018, 04:43:25 PM
 #730

any body know the reason for current drop?

Maybe then the announcement about the ban on social media started a mass panic. Not easy to restore at the highest point because at this time maybe people will be more careful to enter in cryptocurrency.

jokowo
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May 18, 2018, 05:47:05 PM
 #731

any body know the reason for current drop?

Increases too fast will almost certainly cause a great crash. The growth of market capitalization should be balanced by the growth of a balanced number of communities.

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May 18, 2018, 05:48:17 PM
 #732

The market is struggles again in the last couple of weeks. We had some buysupport but it was not enough.. If it wont go up, it goes down because people are getting more and more scared. People dont wanna loose all their profits! But I think it is only a healthy correction, we will go up sooner or later!

nev1d
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May 18, 2018, 05:50:07 PM
 #733

I think now is a correction in the market. Do not worry about the fall, in a short time everything will return to its place

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May 18, 2018, 05:51:22 PM
 #734

May be the Indian Government harness over the trading on crypto currency. Most of the people selling their coins. This may cause the drop of price for  a while. But it will rise.

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May 19, 2018, 02:31:34 AM
 #735

Drop in the price can be because of anything which no one can be certain about. But I think it is the recent attack and the critics from some countries and the ban placed on cryptocurrency trading in some part of the world.
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May 19, 2018, 05:46:58 AM
 #736

The reason why all altcoins are dropping because bitcoin is price is declining. Also dropping of price is normal. It is normal to everyone of us, because it happens everytime.
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May 19, 2018, 09:20:40 AM
 #737

events like this often happen and I think this is natural because all altcoins or crypto currencies are always close to zero.
besides that I also believe that this will return to recover or can be spelled out all altcoin will go back up.
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May 19, 2018, 01:52:30 PM
 #738

there can be many reasons, but in any case, the fall is quite a normal situation in the market after strong growth. especially it is necessary to take into account that the crypto currency market is very young and such strong movements are quite normal. We should be careful when making deals.
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May 19, 2018, 04:39:54 PM
 #739

It is clear that due to the fact that other coins have fallen in price due to the fall in the rate of other coins and we all see that the rate fell very much that naturally affected the whole cryptoworld
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May 19, 2018, 04:55:05 PM
 #740

No one will tell you the exact reason. People panic, sell coins to themselves at a loss, so as not to lose everything. And new investors are afraid to enter this market

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