what causes the price of altcoin down?

[sorehammer]

BTC is the king and when BTC price falls all other Altcoins price fall.The downward trend may be due to following reasons.

1.Binance hacked and after an hour many people withdrew their investment and total market cap down to $391 bln.
2.Mtgox who cash BTC in bulk is another reason.
3.Regulation news are once again active in US,China,South Korea,Japan that tend to reduce prices.
4.Some businessmen give bribe to media to propagate negative news about crypto world to discourage crypto world.

All of these factors cause crypto prices to go down.

[Anonaneadone]

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

the reason why altcoin price drops is because of the bitcoin. when bitcoin price dumps. the price of all altcoins will drop. the base price of altcoins is the bitcoin.

[Ompyon]

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

the reason why altcoin price drops is because of the bitcoin. when bitcoin price dumps. the price of all altcoins will drop. the base price of altcoins is the bitcoin.

yes, very difficult to understand, at the time so many fans crypto very enthusiastic, the price actually goes down. I am afraid if this continues, then crypto will lose fans

[lamadu3]

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

It is never late to buy altcoins, especially when you see that some of them are going down. The main reason for this fall as I think is a lot of negative information connected with cryptocurrency that appears in mass media.

[ruzadovec]

Altcoin depends on too much bitcoin if bitcoin decreases alcoin. Currently, the market capitalization of bitcoin accounts for 40% of the market. I think if the capitalization is reduced to 30% then altcoin will increase

[VSOP_VSOP]

After big price fluctuations, many big players have withdrawn their assets from the stock exchange. This is the main problem of price drop.

[mayan251]

I think the current market environment is not good and the market is falling. At the same time, the bitcoin has also been falling, which has led to a market downturn. You need to wait for the right time to go up.

[Lauff]

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

for now all altcoin prices are falling and falling because there is bad news from bitcoin that keeps the bitcoin and altcoin prices down because I know bitcoin is the center of all altcoin if bitcoin prices fall in alctoin prices also dropped dramatically.

Maybe bitcoin prices really affect altcoin prices because you need to exchange your altcoin with ethereum or Bitcoin before you can convert into cash. There is no such exchange that converts altcoin directly into USD. So maybe that's the reason.

[potatocorner]

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 altcoins' prices are going down because of bitcoin. As what I have observed, if bitcoin's price goes down, other altcoin prices also go down. For me, as long as altcoin prices go down, try to but because if its prices will go up you will gain more, and you will not regret buying it because of its increase in price.

[dobolspeed3]

For the associated price of altcoin and bitcoin is very low or arguably the price decreases. for that matter I was told by my friend my problem why the price so decreased. Because there are related issues that google will block crypto. But it's all a mere issue.

[Reez]

Do you expect the crypto market to only go up? This is a correction that the whole market is going through and this is good for the market as it will give the alts a realistic value.

[DoubleShow]

I think that at the current state of Affairs in the market of people buying bitcoin. Altcoins falling even more because of this. Plus long time no fundamental good news from the world of cryptocurrency. By the end of March, the drop should go into growth, but these are my personal opinion.

[saruxanyan]

The fact that so far the whales do not buy altcoyins and are waiting for them to be panic-stricken by all those who wish and then how the massive purchase will begin and everything will rise to unprecedented heights.

[tambakikan]

I think the cause of All because of our concern for the price is declining, so we sell altcoin without thinking long, because we think better loss 50% than not back at all.
That is the cause of the destruction of altcoin Prices, and we also not the indicator of the National Market alone, but international.

[emmmmm]

Most of the time it is because of the selling and various fuds that have caused the entire cryptocurrency market to fall.
This year, however, there are too many ICO projects, and the amount of money in the market is not enough to support these projects.

[bakiak78]

If I think that causes altcoin degradation is due to bitcoin effect. Because if bitcoin rises very drastically auto altcoin will decrease otherwise if altcoin rises very drastically bitcoin will decrease that is why altcoin is now down

[Anzal RK]

I think is normal.
Not juat altcoin, BTC, ETH and other coin now in cheap price.
Because all coin in ceypro is a part of BTC.
That price will Follow like BTC.

[loaddebitcard]

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

If price always be high we never will have an opportunity to invest, also it will do the market too unperspective.

[nextel]

give your opinion why altcoin cheap price?

Altcoins are very cheap on their launch like the rate of their ICOs and when they do hit coin exchanges, they usually goes down due to their project quality and other factors.

is it time for us to buy altcoin?

When the altcoins are very cheap and when the project is very good and effective then it's the right time to buy those because they will soon pump and you'll get higher return of investments.

why every mid year altcoin is always cheap.

It depends on the market season. People aren't just only investing and trading Crypto but they also want to turn them into cash and enjoy their profits.

[nextel]

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

If price always be high we never will have an opportunity to invest, also it will do the market too unperspective.

when the project is very promising then the coin will never goes down but it depends on the free market because altcoins aren't just like Bitcoins today but every altcoins especially the new one do have their own unique projects so that determines the value of the coin and not just a simple digital money like Bitcoin and Ethereum.