why all coins are dropping?

[pcoot]

The cryptocurrency set an amazing record in 2017. The market value of major cryptocurrencies (especially Bitcoin, Ethereum and Reebok) soared to the highest point in history, which made early investors feel very happy, and investors who did not catch up with this round of soaring are regretful. On December 17, 2017, the value of Bitcoin rose to a record high (US$19,850), and several other major cryptocurrencies also reached record prices.

Due to the turbulent nature of the market, there are multiple warnings as to why people should avoid investing in cryptocurrencies.

However, so far, the beginning of 2018 has not been easy for the market. As of January 7, 2018, the market valuation reached 834 billion US dollars, CoinMarketCap report shows that the market fell sharply about 66%, the loss of more than 553 billion US dollars. The bitcoin price in February was tragically lost, falling by more than 50%, and the valuation fell below $7,000. Ethereum and Ruibo also experienced the same situation, with losses exceeding 40% in the same month. This crash has caused many people to panic. Is this situation likely to be a burst of the bubble? Is this what many experts have warned? Has the cryptocurrency come to an end?

Evercoin co-founder Miko Matsumura pointed out: "The previous market development has obviously overheated. The only concern in the market is the fear of missing opportunities." This speculative psychology has led many people to rush into the market, and it is precisely because of this that has led to fierce prices. rise. However, he believes that the market is currently stabilizing, which is why the market is down.

[uiyh687]

Of course it's because bitcoin and Ethereum are down. Prices fell as a result of panic selling by most people. And there is no sign of an increase

[nvt2511]

Decreasing the price of crypto coins is not something to be feared, it will be an opportunity to buy at a low price and when the price goes up it will be an advantage

[sjadn12912999]

Most coins are falling because bitcoin is falling, now is a very good opportunity to enter the market, but not the whole amount, because the market may fall even lower.

[seek4dream]

I believe that many factors combined triggered this dramatic slump.
Luckily after all these, people realize that cryptocurrency will always survive and get stronger after every drop.
The market is clearly recovering from the bottom.
I won't be surprised if it doubles in a short period.

[briton]

the price of the coins declined, the longer it can be caused by several things. Among them are due to panic sell. The cause of the other i.e. because the coins are not in high demand, so the cycle all its being is not running, and in the end the price down dramatically.

[Legwist]

Well personally I think coins drop is because of no demand. People no longer interest into buying different of coins. And nowdays people prefer to hold bitcoin and only a few of them that still hold altcoin.

[andrino]

Everything drops because bitcoin drops. Once it happens we can observe another tragic of price downfall. Everything is affected for there shouldn't have exempted of the decline affects.

[fklfyl]

I think the main reason is that the prices of bitcoin and Ethereum are down. Because too many whales are selling their COINS. Including bad news from China. The Chinese are so bad, they always try to control the market. And get their best interest.

[bienvang192]

Most coins are falling because bitcoin is falling, now is a very good opportunity to enter the market, but not the whole amount, because the market may fall even lower.

[oxoxoxox]

The drop in the coin price should be to release the bubble. I think this is very normal. It belongs to the elasticity of the market. If the elasticity of the market is lost, the market will become dead.

[BitcoinTurk]

The answer to this question is of course the bear market period. Almost all of the market's trading volume has fallen at a very serious level, which is reflected in prices. Many cryptocurrency options have fallen to very low levels and new buying opportunities have arisen. This fall needs to be evaluated well, it is beneficial not to look at everything negatively.

[zubrr51]

The reason for the current decline lies in the presence of a negative news background and a decrease in investors' interest in investing funds.

[AVAMONEY]

Probably because the price of bitcoin and etherum is decreasing, so people are selling their alcotnum to switch to bitcoin or ether, and therefore the prices for altcoyin are declining, because China and South Korea want to regulate the cryptomarket. This frightens off many investors, and the price goes down. In fact, now all the coins are falling, because the bitcoin has gone down. In reality, the entire crypto market is correlated due to the decrease in the price of bitcoin. It is unlikely that before the growth of bitcoin you can expect an increase in altcoin.it is normal that cryptocurrency price was falling in at the beginning of the year.
it will start to rising back in the middle of the year. The history of crypto tells it. just look at the trend of crypto past years.

[larry1994]

for that it's normal because we know the market is rising when it comes to investing but now it's changing so investors are few. The more wait for the market to rise before they sell the token. we just need to focus on the more money we have.

[WUWARAOLUOXIANG]

The market is turning down without a doubt, but how long? People around me cant stand it and dump all their coins and I feel sad. All I can do is get some free airdrops, sometimes you can find some gems, like nano 2 years ago. Privcy is good too!

[Malsetid]

The reason for the current decline lies in the presence of a negative news background and a decrease in investors' interest in investing funds.

Most coins are but not every coin in the market. We have to understand that at this point, the entire market tend to react to bitcoin's movements. As far as i've noticed, btc needs to be at a positive status for alts to surge as well, whether it's a slow steady climb or a pump like the one in december. We all know that btc isn't the only one that went to the moon that time. Negative news about bitcoin doesn't only affect itself but the entire market as well.

[tuannguyenn110]

Currently there is a lot of negative sentiment covering whole crypto world. This has a direct impact on BTC and hence all the alts are bleeding even more badly. Simply hold until BTC recovers to previous high and you will be very happy to see your investment growing.

[Cryptohelpyou]

Here is a typical market situation the offer overwhelming the demand. More people are trying to sell altcoins and to fix their profits. Other people are not willing to buy due to more bearish expectations. But sooner or later this situation will come to an end and bulls will be in the game again!

[Teal Deer]

1. Cryptocurrency crashes due to classic market laws. After strong growth, traders start selling one cryptocurrency, pouring it into other coins that have not experienced significant growth or showed a drop. At the same time, traders use traditional technical analysis based on support and resistance lines, Fibonacci charts and other instruments and theories to set the peak of growth. As a result of the operation of these laws, smooth waves are formed, which allow many experienced traders to enrich themselves.

2. The fall of the crypto currency can be facilitated by open and insider information about the upcoming various events: rumors about the prohibition of trading in crypto-currency, rumors about the ban on banks to serve the accounts of exchanges, the prohibition of mining of some coin, direct statements of the curators of crypto-currencies about some event (during the strong growth of Litecoin, Charlie Lee said that it was time to stop the party and prepare for a large-scale fall).

3. The last factor of the fall of cryptocurrencies is the formation of some state policy to limit cryptocurrencies. In this case, a law or a by-law may be adopted, which may prohibit the turnover in part or in whole, as well as establish other measures aimed at complicating the operation of the cryptocurrency market. In this case, we should only talk about regulation in States under the jurisdiction of which a significant part of the market operates. For example, the prohibition of cryptocurrencies in North Korea, Vietnam and Laos will not affect the crypto-currency market as well as if it will be (was) implemented in China, South Korea, which were in the TOP 3 in terms of cryptocurrency turnover, largely due to the placement of the largest crypto-currency exchanges there.