what causes the price of altcoin down?

[trinhdao078]

Most of all bitcoins are concentrated on a small number of wallets. The one who owns so many bitcoins can very easily raise or lower the price. The price of bitcoin greatly affects the prices of altcoins. So I think that the price is manipulated by big players.

[bamita127]

The likelihood that the altoin price drops is due to the decreased bitcoin movement and in my opinion the parent bitcoin of all altcoins affecting the altcoin price, and now is the right time to buy altcoin or bitcoin and invest long-term

[fvb]

Many factors affect the price.  Political decisions can influence.  Exchange and major players, the so-called whales and sharks.  Specially created and inflated fictitious news.  The opinions of analysts and much more.

[Taniya1901]

The decline in the price of bitcoin pulls down all altcoins. As their price is affected by different news both positive and negative. And when Bitcoin is sharply pointing up, oldoini temporarily hooked in price

[GrannyC]

It is like any other market, the prices are set by supply and demand and thus the market continuously goes up and down depending on the major players attitude at the moment.

[abramovich]

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

The price continues to decline, I think because of some negative issues and several other factors. But, not all coins dropped and decreased. You need a strategy to anticipate if something happens to the coin you hold.

[emsjvh]

Altcoins are  trading in pair of bitcoin or etherium and never in pair to fiat, because of it, if bitcoin/etherium go down, all altcoins going down!

[mihacrypto]

All drags bitcoin, it depends on the cost of altcoins. You can even see when bitcoin drops, everything crawling on the bottom for him and similarly up

[befine77]

Today there are not so many reasons that we could talk about them and argue with you, probably the main reason all the same is the general dipression seems to me that just as very influential people sell bitcoin for very cheap.

[myfamilyisthebest01]

Price correction, panic sellers, FUD, new regulations and maybe the alleged coordinated whale who want to manipulate the market using the spoofing technique so they can buy more coins when it dips and hold a lot of percentage of that particular coins or the Bitcoin itself.

[Beyerd17]

Why did the altcoins go up so much in the first place. No wonder they are coming down again.

[johnnywoo2015]

No one is asking what is pushing the prices up, when they are flying, but everyone is worrying about the prices when they drop.
The most important reason for the big dip we have is the crazy run we had before. The prices was unrealistically high and needed to be corrected.

[Zigzagkuy]

Perhaps that causes the price of altcoins to fall is because bitcoin also falls. But do not worry about this. There will be recovery from bitcoin and altcoins. So be patient and do not be a panic seller. Because it will only make your mind become negative about the market now. Now is the time to buy altcoins again.

[Beyerd17]

No one is asking what is pushing the prices up, when they are flying, but everyone is worrying about the prices when they drop.
The most important reason for the big dip we have is the crazy run we had before. The prices was unrealistically high and needed to be corrected.

Exactly, the prices we have today is more down to earth. Not too high and not too low.

[100kk]

The main reason of cheap price of altcoins is a decrease in the cost of bitcoin. There is a stable correlation between main crypto currency and other coins, so we can observe a gradual decline in the market after decrease of bitcoin.

[Perfect35]

Whenever you want to buy altcoin or invest into it, do not just looked at the price. There are times the price of some altcoins fall, yet it does not mean they are good buy. You need to study the altcoin first. Study the whitepaper, study about the team and look critically well into the community.

[thenameisjay]

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

Usually, the price is cheap because there is not much demand for it. No demand, means cheaper price so that there will be demand. I think it is the best time to buy alt coins since the price is really cheap. Mid year usually is the time to stock up on some alt coins because of the low demand.

[smoolae]

Price of alts is low because the sell pressure is greater than the buy one. People who bought their alts with a higher price just want to get rid of them in hopes to make some money back. All of this combined equals bear market.

[ronnis.gomes]

In the first place the news, be they truthful, but mainly the fake ones. And obviously the issue of regulation that needs to be clearly resolved to give investors security

[Mr.Noda]

Reducing prices cause negative news. People just pick up and carry this news on the Internet. People believe in this and the price tends to go down. Only good news can well affect the price of coins.