what causes the price of altcoin down?

[ned.ryerson]

The price of altcoins depends on the price of bitcoin , because of this , the price falls down and now it's time to buy both altcoins and bitcoin, because in the future their price will grow.

[1715597415]

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[1993jochico]

give your opinion why altcoin cheap price?

Most of the time it is affected by BTC, when BTC fall altcoins will fall on the next day or weeks in my own observation.

is it time for us to buy altcoin?

If it is a good project, definitely yes it is a perfect time.

why every mid year altcoin is always cheap.

I dont think so, but for me worst time for coins is every after a big holidays.

[alan2here]

The price of altcoins depends on the price of bitcoin , because of this , the price falls down and now it's time to buy both altcoins and bitcoin, because in the future their price will grow.

I think you should give some reason to persuade people because so many people make forecasts increase but in fact the market is still in the downturn. I personally would not trust any words and would only invest if the market entered a good recovery. If you want to invest, I recommend you invest in the long term and forget it for at least 5 years

[MR_Klip]

Today, serious problems remain in the development and positions of many altcoins due to the prolonged fall in BTC prices. But I am absolutely sure that over time the market will be able to restore its positions, from next year I expect the normalization of prices Ethereum.

[TomInVa57]

Today, the crypto market largely depends on the positions of BTC and external factors - news from various organizations and states. Similar problems led to a temporary drop in Ethereum's positions. But from next year Eth prices should gradually recover.

[ganlianshifu1]

The price of ETH is now very low! The price of altcoin will naturally be low too!
When choosing a bear market, choose some potential altcoins, such as holo.loom, which may break out in a bull market!

[nurularesyi1995]

If I say it is more simple that the rise / fall in prices of BTC and Altcoin because it fixes prices using local currency (USD / IDR / etc). That is, on the basis that the difference in price between crypto currencies does not change significantly, but when it is converted to local currency (USD, IDR, etc.) then we now see it going down. It depends on seeing the price rise and fall from which currency is the benchmark.

[dudeguy]

Normally or convention when bitcoin cost is modest a similar thing will be occur on altcoin modest cost, never have distinctive thing between bitcoin or altcoin cost, when bitcoin on most astounding cost will be pursue by altcoin on most elevated cost. Perhaps huge numbers of us asking about for what good reason is happen to altcoin ? bitcoin is principle and altcoin is permit of bitcoin run and cost, simply is the begining of bitcoin and altcoin have bring down value, we have keep more to quiet.

[childish]

I see the small volume of trading volume in the cryptocurrency market, and I start to think if the crypto market is also affected by fiat?

A sharp drop in the rate of the crypto currency is not a reason for panic. Sometimes it does not mean anything at all - just for some reason the course has temporarily decreased.

It all depends on the point where we make a purchase at Crypto if we buy at the highest point and at that time the price has decreased very deeply, of course we will experience panic because we will experience losses in the form of price and time. we will spend because of course if we buy at the highest point it will take a long time to return the price because we are very confident that the price will obviously come back again but everything is just a matter of time.

the large number of competition that occurs in a market that is constantly trying to drop a fellow coin makes the number each action with each other. so that it is capable of making the decline in Altcoin which resulted in the price who can afford to continue to go down and down.

[Mhd-Bobbi]

give your opinion why altcoin cheap price?

Fluctuations are symptoms that indicate a decrease or increase in price or change (price) due to the influence of demand and supply.
If you ask why is altcoin cheap?
Currently the price of cheap Bitcoin, of course, affects the price of Altcoin.

is it time for us to buy altcoin?

This is the right time to make Altcoin purchases.

why every mid year altcoin is always cheap.

You must recognize the meaning of fluctuations.

[umbara ardian]

what makes the price of bitcoin fall is due to the influence of bitcoin price movements, when the price of bitcoin falls, the price of altcoin also falls, if not the influence of the coin or bad news from the coin itself.

[wareck]

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

I am absolutely sure that the positions and dynamics of all altcoins depend to a large extent on the positions and condition of the BTC. So now I prefer hold and buy Ethereum for the future, while the prices of coins today remain quite low

[zedaq]

Everything is clear, if there is no interest, then prices will fall until they cause interest, therefore everything is clear, I think that in general we should understand that it is interest in BTC that should increase people's interest

[doroshok2]

I believe that the decline in prices depends on two reasons. The first reason is bitcoin. Because altcoins are focused on bitcoin. And the second reason is supply and demand. If people invest in a coin, it increases in value, and if they withdraw their money, the price falls accordingly.

[CRYPTOGANGSTERs]

To reduce the price of altcon lead many factors, one of them is the exception from the site CoinMarketCap three Korean exchanges.

[kabum21]

That's a whole subject of study, in which you could spend hours analyzing why the ups and downs of the alts, but the truth is that this market is very volatile and we do not know for sure how it reacts to certain things, for example, that you can see with the Chinese ban, many people thought that btc would collapse for that and as we can see the price went higher than ever, that's what makes cryptos so attractive from an economic point of view.

[Insert_]

altcoin falls in price because bitcoin itself falls, but if bitcoin falls by none, then altcoin will fall by a large amount, all altcoin depend on the value of bitcoin.

[dedocry]

there are  only promises about the beautiful future so far.  In fact there is nothing, there is a lot of scam. tell me why altcoins have to grow?

[arida_ds]

According to the latest news, the noticeable decline in the value of altcoin directly depends on the drop in the value of Bitcoin.

[imoet]

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

I think it has connection with bitcoin price. Because bitcoin price always affect on altcoin. Then, I think the connection is between supply and demand also give influence to the altcoin prices.