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Author Topic: Alt coins are in red again ??  (Read 1121 times)
spooneds1
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February 01, 2018, 09:36:12 AM
 #61

it is normal if the prices is decreasing, just don't sell your coin if you see this, like ethereum, if this decreases the price of coin under it is also decreasing. just wait for the right time if you want to sell your coins, just be patience to your coins. in the future the price might increases to the moon, it could double or triple its prices.

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February 01, 2018, 09:45:02 AM
 #62

I think it's a impact of ban of crypto trading in south korea and japan exchange hacks. All the bad news create a negative impact on this crypto market. so don't panic it can rise again very soon.  
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February 01, 2018, 10:09:14 AM
 #63

The stock markets is exposed to theft. States are making negative statements about Bitcoin.
These are transitional issues. The markets will make us happy again.

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February 01, 2018, 10:26:20 AM
 #64

I think it's a impact of ban of crypto trading in south korea and japan exchange hacks. All the bad news create a negative impact on this crypto market. so don't panic it can rise again very soon.  
South korea officially said they have no intention to ban crypto. and japan exchange officially declared that all loses will be reimbursed.
https://www.reuters.com/article/us-southkorea-bitcoin-trading/south-korea-doesnt-intend-to-shut-down-virtual-coin-trading-finance-minister-idUSKBN1FK0NL
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February 01, 2018, 10:31:37 AM
 #65

I think crypto is banned in South Korea and there has been some bad effect due to the hacking in Japan. However, soon enough crypto will come in better position
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February 01, 2018, 10:33:59 AM
 #66

Well, it was India this time. Because the minister said that it doesn't recognize Bitcoin and other cryptocurrencies as legal tender, panic sellers are being manipulated again. Now it was below $9,600, and I'm expecting it to dip a bit more. The whales are waiting for this very moment to buy at a lower price.

As what I have remembered in the charts, the buying zone is between $8k to $10k, so I think it's a perfect time for the whales to buy at this price. As for the bulls, they've failed to defend the $10k mark and it's going all the way down.

Am I worried? Nope. It's fun to see these dips! That's why never rely your income source on cryptocurrency trading only. As for those who are still working, keep your job for now. You need to sustain yourselves. Stop looking at your Blockfolio now and start become productive on what you are doing.

After all, I still earn some freakin' Paypal money from my freelance gigs, so why should I worry where we are all preparing for the big rain later on.

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February 01, 2018, 10:37:15 AM
 #67

Altcoin from time to  time will appreciate and depreciate in market price this doesn't mean anything it is just natural volatility that is second nature to Altcoin generally.  The time for Altcoin to appreciate will come and if you don't know what you are doing with your portfolio,  there will be a lot of regret.

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February 01, 2018, 10:40:01 AM
 #68

i think after chinese stop celebrate new year we will recover and will go strong until summer and receive our profit, so dont panic buy more and HODL.
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February 01, 2018, 10:52:02 AM
 #69

I think that this is a temporary lull in connection with the political situation in the world.  A lot of bans have passed in Asia and besides in China is now a new year so everybody just don't think about the crypto now.
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February 01, 2018, 10:59:00 AM
 #70

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

Of course, there are many factors that affect the price of crypto currency, but it is obvious that in these months the market is not very active. We need to wait and not do stupid things.  Wink


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February 01, 2018, 11:03:15 AM
 #71

Altcoins decreasing is just a normal thing that can happen. But there is no need for any panic dump because it will be back on track soon. It really fluctuates fast and you don't have to worry. But if you are looking for a reason, I'm not really sure why because there is an article in Forbes that explains why cryptocurrencies dropped and that reason may not be the same for other days that coins prices dropped.

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February 01, 2018, 11:08:19 AM
 #72

The main reason for the fall is that governments are planning further regulation of cryptocurrency markets.
Facebook's ban on ICO advertising is also bad news.
There has been too much bad news lately that has turned the whole market red. Angry

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February 01, 2018, 11:11:09 AM
 #73

The main reason for the fall is that governments are planning further regulation of cryptocurrency markets.
Facebook's ban on ICO advertising is also bad news.
There has been too much bad news lately that has turned the whole market red. Angry
I dont thinl facebook is a reason for crash , regulating could be the main reason.
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February 01, 2018, 11:12:31 AM
 #74

Alts? The whole market is red not only alts. It happens from time to time, unless you are really new to this, you would know that sometimes crashes like this happen even if there isn't a big reason. It will eventually recover but it takes time. People forget that the total market cap 2-3 months ago was around 190b and it's still around 500b right now.

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February 01, 2018, 11:17:06 AM
 #75

Alot of people are taking profit than more money entering the space, I don't know when this trend will reverse itself but for me it is time to be picking up good projects that one feels it is currently undervalue, BTC at $8000 will be a great buy IMO
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February 01, 2018, 11:18:19 AM
 #76

There is a broad fall in the crypto market today and all coins are down. This weakness has been around from more than a month and it can go on for some more time. Best thing to do in crypto is not to sell in Panic and look out for bottom fishing when the value is down substantially.

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February 01, 2018, 11:31:35 AM
 #77

money recover and will go strong until summer and receive our profit from freelance gigs takes time People forget !!
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February 01, 2018, 11:36:36 AM
 #78

It could be both but I think that the low prices are because of the changes in the financial laws in South Korea. 70% of the cryptocurrency investors are from Japan and Korea. What is happening there influences the price of cryptos in all the world. The laws that the Korean government issues, could be issued in our countries too and as you probably know trading anonymous in Korea is not possible anymore.
The old financial world is struggling to survive.

Thank you for sharing news! But I believe they will lose after all. Crypto gives many advantages and real people accept it more and more.
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February 01, 2018, 11:40:12 AM
 #79

Now the market is on the correction. After a long and strong price increase in the autumn and winter of last year. When the correction is over, growth will begin. There is no constant growth or fall in prices. The market is cyclical.

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February 01, 2018, 11:42:21 AM
 #80

Altcoin from time to  time will appreciate and depreciate in market price this doesn't mean anything it is just natural volatility that is second nature to Altcoin generally.  The time for Altcoin to appreciate will come and if you don't know what you are doing with your portfolio,  there will be a lot of regret.
Being a traders and users of digital currency or cryptocurrency or simply altcoin, we should be aware that those red dashes is just natural, those fluctuations and constant changing its value is just a natural cases. We should and must be wise on how were gonna do if we saw these red dashes, and most importantly don't panic.

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