Why Alts In Red Again?

[cloudproject]

i just thingking it was a normal situation in early year because much people withdraw their coin and the market still new and fresh and investor trying to start in a new investment

[wakeham8]

btc may retest 10k, and then iw will go up a bit, maybe then alts will be green

[panduryk]

Now all the crypto currency is corrected after panic sales.
Not only altcoins. Now u shouldnt sell anything now, just wait.
Give to cryptocurrency a little time and everything will return to its original course.

[Maheshkumar_Hrangkhawl]

2-3 Days back we saw the huge dip in all cryptos, later market recovered a little bit but right now market is in red again!

Just proves that the altcoins can't exist independently without the existence of Bitcoin. Whenever Bitcoin prices decline due to market manipulation or government action, the altcoin prices also follow the trend. Although there may be a lag of 2-3 days for this dip to occur.

[tricker01]

i just thingking it was a normal situation in early year because much people withdraw their coin and the market still new and fresh and investor trying to start in a new investment

They don't know to worries about the price of bitcoin in the market. Yeah it is normally happen, moreover seems all crypto currency are less their price due to crypto currency crisis. This is happen when boundaries of some countries are limit, therefore other nations banned bitcoin trading in their place. But still we don't need to worry because I know that bitcoin together with the other coins will recover.

[rallyko]

guys,everything will be fine!now the situation with bitcoin futures causes the price of bitcoin to go down.Bitcoin can go down below 8000 dollars.Don't panic!everything will be fine!
The market will be green again!

[turkmachiavelli]

This period is a possible situation for market of altcoin. Everything can decrease in sometimes. Altcoins decreased as natural. We should be patient for increasing.

[Action Gamble]

2-3 Days back we saw the huge dip in all cryptos, later market recovered a little bit but right now market is in red again!

I think  because of the changes in the price of ethereum,  it's only a correction.

[faceoff97]

2-3 Days back we saw the huge dip in all cryptos, later market recovered a little bit but right now market is in red again!

I have been reading a lot about manipulation of Altcoins value, this might possibly happen. We have seen sudden increase in value which obviously shows that there were groups behind this phenomenon. Whales or big investors are the primary group who contribute to sudden changes. This why coins seems like to be a bubble, though its really decentralized there were still capable people to manipulate and have aome control over its value.

For this reason, its hard to predict when it is going to be redbath. It depends on the some people who have bigger stake from thw coin. Just hold and hope thay whales would eventually get back to a greener season for Altcons.

[sarfwr]

I think there are a couple of reasons.
The first point is that altcoin has gained a lot. In December and January, the average altcoin has several times the increase.
The second is that a south Korean official says the government is shutting down the encryption money market, causing panic in the market.
The third point is that China appears to have a recent move to further restrict the encryption of money markets.but is a fake news.

[francesyrus]

2-3 Days back we saw the huge dip in all cryptos, later market recovered a little bit but right now market is in red again!

Yeah its going red again, I got some recovery lose from that big dips that happened, now I'm facing again another lose because of this dip. I think price correction of all cryptos are happening right now. What we can do now is to have lot of patience or else we will lose all are investment of crypto currency.

[friends1980]

I believe we had a similar situation last year in January. This panic has been going on for years, every time there is a drop, and look where we are now.

[kevinzxz]

maybe all altcoin are resting first to make all altcoin pump again, so this is the right time to buy altcoin and hold until the price increases again according to your desired target.

[TooDumbForBitcoin]

i just thingking it was a normal situation in early year because much people withdraw their coin and the market still new and fresh and investor trying to start in a new investment

Chinese New Year and the beginning of a taxation period in most countries are the main reasons for such declining every year

[KopiItem]

2-3 Days back we saw the huge dip in all cryptos, later market recovered a little bit but right now market is in red again!

Maybe many people do panic sell together, that things can make the market decrease again. And there's an issue about south Korean official said their government want shutting down the encryption money.
Last year we had similiar situation like this, so i believe we can pass this crash situation like last year.  So i just want suggest you to hold your coin and don't do a panic sell. Just hold or buying again to make the market become stable again.

[Pulsar1x]

Fluctuation is normal. We have daily weekly and some kind of season fluctuation.
If you can recognize them better for you.

[inillo]

2-3 Days back we saw the huge dip in all cryptos, later market recovered a little bit but right now market is in red again!

Oh, most of the alts are in red because there are 90% of them that are just sh*tcoins that should have never been there in the first place, mostly stupid forks.

[CryptoTrip]

China is again looking for ways to regulate cryptocurrency. Indian stock exchanges provided data on their players, and now the Indian government is already calculating how many taxes have not been paid.

[Hamzahaddane]

now btc is also in red so altcoins most in red.

[madgtr]

It's a correction in the market. This happens from time to time. They will start to return back to normal soon.