what causes the price of altcoin down?

[iconoclast]

It is largely a reaction to the fall in bitcoin price which was triggered by the SEC issuing a statement that it intends to regulate exchanges in the US.

[macchiato]

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

You can take advantage of the dip of altcoins by buying more to add to your portfolio and so that you have more chance of gaining profit the moment the market rises up. The market is currently in correction stage right now causing all coins to decrease.

[Daria_daria1992]

The main reason is the change in the price of bitcoin.  The behavior of all altkoins depends very much on bitcoin.  Also, the price of altcoins can be affected by events in the project.  If work is in progress on the product, updates are issued, then the price of the coin is growing. Also important for the price  - marketing policy of the project.

[Jaycee99]

Basing on bitcoin news bitcoin Falls downs due like it was due to government issues like the law base on how I understand the reason. Still I think its because of the peoeple who kind a loose interest in bitcoin and I think it is because of the issue that the news showed.

To see it in the good side you people can now invest rather buy bitcoin and just wait bitcoin market value increase so you guys can profit. Remember that people should watch the charts and the application I used to be up to date is blockfolio. Here remember to see the candle stick to identify it if it will increase or decrease its hard to explain and if you really cant understand. So, if we watch youtube to understand like I was before to understand it by youtubes help.

[Sponsoredby15]

The reason why altcoins are going down because bitcoin is dipping very because the government in china and other nation wanted to minimize the bitcoin itself which it affects the prices itself and the alts. Just stay calm and sit tight this will be a bad month for us

[Arindava]

indeed this time is inversely proportional to a few years ago where Bitcoin down altcoin rises but now different from it all when bitcoin down altcoin will go down, so I think Bitcoin could be the reason altcoin go down its value.

[abaidudez]

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

I'm not really a pro into this but what I observe when the Bitcoin price drop most of the altcoins also drop. Maybe be bitcoin price really affect the altcoin price because you need to exchange your altcoins to ETH or BTC before you can convert into cash. There is no such exchange that change altcoins directly to USD. So maybe that's the reason.

[Eros1on]

The price of BTC is getting lower and lower, and the price of altcoin, which is denominated in BTC, will also be reduced, and the price of altcoin will continue to fall at a time when the market is low.

[Bay_Harbour_Butcher]

I think the price of altcoin falls due to the falling bitcoin price, and the cause of this can happen, most likely is because the exchange of binance can be broken by hackers, and other issues about government banning bitcoin

[Fixart96]

The only reason is what happening to bitcoin. Whenever bitcoin price falls, altcoins prices fall too and altcoins price fall is usually bigger than bitcoin.

Yes, bitcoin really affects altcoin. If bitcoin price drops then altcoin price will definitely come down too. So that is an opportunity to get more bitcoin and altcoin, and you have to hold it. So when bitcoin price rises then altcoin will go up , then you will benefit greatly.

[Om George Kesurupan]

In my opinion, the price of Altcoin is down due to the impact of Bitcoin, altcoin follows the bitcoin price now the price is down. Altcoin automatically follows it. That's my opinion

[olia10]

Now the market is subject to herd instinct, people are panicking and panic is even stronger, as the price sags even more. The price of altcoyns fell roughly for the same reason, as people began selling alts for bitcoins at a low price to get it out and sell it as soon as possible for Fiat.

[mia khalifa]

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

altcoin prices fall because there are two possibilities the first is because bitcoin prices go down and the second possibility is because bitcoin prices go up very fast not only that it also depends on the coin developers if they develop a very good project it is definitely the price will not go down.

[CryptoThrasher]

Here you go.... this is one of the biggest reasons for why all crypto is dropping.

Regulatory Clampdown Concern
https://www.bloomberg.com/news/articles/2018-03-07/bitcoin-dives-after-sec-says-crypto-platforms-must-be-registered

[globalcitizen]

I don't think is an unusual scenario for altcoin prices to go down at sometimes. It is the normal market behaviour which is usually affected by the forces of demand and supply. At the moment there's more supply than demand which forces the prices of the coins down as more people sell their assets.

[jsmind]

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 that is good time to buy & hodl

[Ikay]

Because its not more popular like bitcoin and theirs is no more investors to invest in altcoins that why the price of it is still in the cheapest and even it is have more popular their are many people invest then sell it immadiately.

[sonphamuser]

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

At my suggestion, i think Qtum, NEO is good coin to invest at current, but i don't encourage you all in, you can read news, crypto signal group to know time to buy. Hope you bought at dip 

[Marble777]

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

At my suggestion, i think Qtum, NEO is good coin to invest at current, but i don't encourage you all in, you can read news, crypto signal group to know time to buy. Hope you bought at dip 

that's true even though the coin you mentioned has potential that we think is good but it would be better if we want to read any good coin news because usually the krypto signal group predictions are often successful so if we follow them the possibility of loss becomes very small

[danherbias07]

I do think it is just the same with bitcoin.
If their demands are getting low or someone is selling a large amount of it then it goes down.
Sometimes the main crypto currencies do affect it also.
Ethereum and bitcoin, once they are down then it pulls other altcoins. Just stating my own view of how it works in my own eyes.