Why Neo is going all the way down?

[enawati]

I think because whales have been sell in big amount.of coins  , and all crypto going down hard. All price of altcoin back to early of last year, and this is sign for bull market is near. The best thing to do now is  keep patient to wait for bullish trend because  i believe this will be coming soon.

[coffigayo]

True, almost the cryptocurrancy is currently decreasing hard which makes corrections and that's normal. If we don't want to lose our money then holding on to us because it will rise again and soar will be more. This is our chance to buy more NEOs.

[Magiklair]

I don't know why this happens with most coins now but I am sure that the situation will definitely improve a bit later and we need to use the fact that now it is possible to buy some coins cheaper for the long-term hold

[Xenrise]

NEO is going down just like btc is doing right now, going down. It's hard to say but bitcoin and cryptocurrency are going down because of the reason of ETF. That's the main reason of going down of currencies.

[KeepupSlim]

NEO was the con that had the biggest gain in value the previous year so it' quite normal that it's going down. But now we can see how much room to grow does it have and it's a great opporunity to buy more.

[glowing10]

I think because whales have been sell in big amount.of coins  , and all crypto going down hard. All price of altcoin back to early of last year, and this is sign for bull market is near. The best thing to do now is  keep patient to wait for bullish trend because  i believe this will be coming soon.

Just everybody seems to be dumping not only this but many other coins as well due to which price of many good coins have come down. But we must see this as an opportunity to buy at cheap rates as you may not get it otherwise and buying at high make no sense.

[oanhphong]

The current uncertainty about the future of ICO in China has led to the price of cryptocurrency platforms being affected and most of the prices are down. Today the NEO Council has the resources to support R & D in technology development and ecosystem development over the next few years. NEO is a non-profit, open source community-driven project. In addition to ongoing efforts in product distribution and ecosystem development, it will contribute to the community in other ways. It will rise again.

[kwarktaart]

a lot of the neo money will also be in ont

[iron talon]

I think because whales have been sell in big amount.of coins  , and all crypto going down hard. All price of altcoin back to early of last year, and this is sign for bull market is near. The best thing to do now is  keep patient to wait for bullish trend because  i believe this will be coming soon.

Just everybody seems to be dumping not only this but many other coins as well due to which price of many good coins have come down. But we must see this as an opportunity to buy at cheap rates as you may not get it otherwise and buying at high make no sense.

First of all neo was a bit pumped. Then the market totally went into a crysis. This affected neo very seriously at the end. It's not all about neo and the others are also bleeding now. Neo is still a good project.

[Diced90]

I think because whales have been sell in big amount.of coins  , and all crypto going down hard. All price of altcoin back to early of last year, and this is sign for bull market is near. The best thing to do now is  keep patient to wait for bullish trend because  i believe this will be coming soon.

Yes, I agree with you. There is that and also the fact that the whole crypto market started to drop and inevitably the remaining coins can't escape the downward trend.

[rose8963]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

You can see that the market is in the bearish trend in the long run, so to be able to trade successfully is very difficult, bitcoin prices will be able to continuously decrease and with the market at the moment, only one Small fluctuations in bitcoin prices may also cause the entire altcoin to fall sharply, confidence in the market is no longer the same as in 2017.

[nydiacaskey01]

Its not only NEO that is suffering from this current bear market, almost all coins across the board is suffering. Some you may see is in green but it will not last long and maintain its uptrend, a pump and dump group may have pumped that coin to make it to the top but this bear market will not last that long as we are midway of the 3rd quarter. If we check the price of Bitcoin for the past 3 years, price goes up slowly during this season.

[Akmal9603]

Its not only NEO that is suffering from this current bear market, almost all coins across the board is suffering. Some you may see is in green but it will not last long and maintain its uptrend, a pump and dump group may have pumped that coin to make it to the top but this bear market will not last that long as we are midway of the 3rd quarter. If we check the price of Bitcoin for the past 3 years, price goes up slowly during this season.

I agree with this opinion

[HatakeKakashi]

Don't worry about neo because it is possible to increase again the value of that coin aftet few months. Possible the price of the neo will become more than thousands dollars because this coin is one of the possible next ethereum in the future

Don't worry because most of the altcoins now are dumping the value and we don't when the market is down. But if the bitcoin price up again for sure the price of the neo too will increase again. Buy more neo now so we can earn more money after few years. Believe to neo and the result is good for sure.

[rumexx]

Airdrop of ONT is the reason but the drop in price is extraordinary. And It is still sliding down and who knows when it will end. But if you still have money this is the time to buy more of NEO and wait when the price will normalize to make more money.

[Caogou]

When no more users join, its price will start to fall. Of course, the price of NEO is now affected by the market downturn!

[DonFacundo]

Maybe the investors are the reason because they already profit from NEO and they sold it that is why the price going down, if you are getting profit you just sell right away. 

[cryptothreads]

Maybe the investors are the reason because they already profit from NEO and they sold it that is why the price going down, if you are getting profit you just sell right away. 

This price is unlikely to be profitable and I believe this may be the cheapest price this year. If we believe in NEO, we should consider investing at this moment as this may be a very good investment this year and NEO will certainly rise again in the next few months. Just hope

[ToyotaFortuner]

maybe it's because they don't have very good development so the price of neo shows the price goes down, it's different if neo has a good development so it will make prices tend to rise.

[Cryptodiscuss]

Its natural, there are no new NEO coins, existing ones are falling through the floor RPX, TKY... There is no big trading or spending gas or neo... China's ban is doing the worst for NEO network!