what causes the price of altcoin down?

[bryle10]

for me.
so low exchange of altcoins and markets. because we know not much have invested and earned token and invest in bitcoin or ethaneum. if you have a plan to sell your altcoin it is better to be sure that you wait to increase the market value before selling the token.

[Mark X]

There are several factors that cause price cryptocurrency down.
First, the sale of digital currency by various trustees in the exchange
Japan's cryptocurrency, Mt.Gox, declared bankruptcy and closed its business in 2014 after losing about 850,000 Bitcoin. Its founder, Mark Karpeles, recently pleaded not guilty to allegations of embezzlement.
A trustee of the exchange has sold a large amount of Bitcoin, so until now the stock still has to pay compensation to the creditor. It makes the price of Bitcoin down sharply.
Meanwhile, Alphabet, Google's parent company, which is the world's largest digital advertising company, announced that it prohibits the serving of ads related to cryptocurrency, including an initial coin offer (ICO), trading transactions, and storage of crypto currency.
The market capitalization of digital coins worldwide was US $ 310.4 billion (Rp 4.268 trillion), down more than US $ 60 billion from US $ 372.9 billion a day earlier, according to data from Coinmarketcap.com, which calculates the price of various cryptocurrency exchanges.

[Wutip]

Some of oracles says before that first wil be fitted long hamsters in bitcoin and long hamsters, may be it will pass already , next step is to dump altcoins and kick off from market altcoins wich are shitcoins. This time is came, anyway wheals will buy Alts on bottom and that will grow, just wait)

[I Like Bitcoin]

For example, I observe such a pattern. When the price of Bitcoin goes down, alternative coins become cheaper. Also, coins may become cheaper, because they have no value.

[Madara_Uchiha]

The price of the coin is affected by events and news related to the project of this coin. And also the capitalization of altcoyins.

[sammy21]

the simplest when the value of the coin down or even lost interest in the market is the price of lost or diminished. this influenced the role of developers in creating purchasing power against come. If the developer does not make an effort to boost interest in the market against these coins Yes time will remove the coin from the market.

[GlenClover]

1. Transaction Bot: The altcoin has had a stronger recent rally. However, this time the trader will probably profit on. They do not want to wait too long.

2. The influence of different trader communities: Asian and American investors may prefer different assets. At the same time, a decline in a market can affect all other markets.

3. The Return of Bitcoin: When the exchange rate of a currency on the BTC (Altcoin / BTC) peaked. Some traders will not hesitate to sell to get the BTC. Because they consider the BTC to be the best value storage medium and can be the only safe currency.

[Airbuxf]

In my opinion the market will keep being bearish for some time. There are big players 'whales' who want to get in to the crypto-market and get the best deal possible. There are still people keeping their cryptos who got in in december and most of them have 'weak hands' unfortunately and will sell their coins sooner or later.

[Piterg]

Now this mood is in the market, when even successful projects lose a lot in price. But I believe that this is all a temporary phenomenon, the bottom has already passed and bitcoin has already started to grow gradually and all the altcoins.

[DonTsTop]

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 of altcoin are down now because of the current situation of the crypto market and also, there is less demand for these coin in the crypto market that is why we can see that bitcoin is rising slowly while altcoins are still down. Investors are selling altcoin maybe due to panic that the market might not recover and also negative news, this also affect the price but I believe if the market recover fully, the price of altcoin will grow again.

[CaptainKid]

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

The prices of altcoins depend on the price of bitcoin and the market situation as a whole. Also, the market situation may change from news (positive, negative) that affect traders.

[9tails]

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

In my opinion this is the right time now to buy altcoins and hold. The reason why altcoins is cheap because bitcoin is down and all altcoins is affected whatever happens in bitcoin.

[Reinz12]

When I first started trading, my teacher said bitcoin had a big effect on the ups and downs of alt coins on the market, but they were not completely true.
Especially after last year I learned a lot, FUD news, development projects, cooperation that happens can affect the value of the coin.
It is not wrong if you want to hold altcoin at this time, many traders who invest their btc in altcoin in a certain time or long term profit. But before investing, do some research on the market

[petronus]

altcoin still follows on bitcoin prices and news conditions about crypto that cause altcoin prices to decrease greatly. there is still a lot of rejection going on about crypto.

[21millionsbtc]

mostly if bitcoin and etherum  price struggle then altcoins prices will go down so the whole crypto  currency market is depending on bitcoin prices

[TharuMax]

There are many effects affect for the prices of altcoins in crypto market. The prices of altcoins highly depend on bitcoin price and in this moment bitcoin price is low. When bitcoin price getting low, all altcoins prices also getting low including ethereum. When bitcoin price recover again, altcoins prices also be normal.

[CriptoNata]

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

In my opinion this is the right time now to buy altcoins and hold. The reason why altcoins is cheap because bitcoin is down and all altcoins is affected whatever happens in bitcoin.

Too now I buy many altcoins. Just bitcoin gives rise, and many shift money from the altcoins into the cue ball (which gives them a fall)

[Quinni]

The price of the BTC, the heat of the market and the money in the market are all fleeing. This series has led to the price decline of altcoin, as is the speculative market.

[chienmluc2]

There are many cause which make Crypto went down and red about price because there are many new coin, new project to invest during grow of investor slower.
Marketing for Crypto need change...

[kennylinkqr]

It is affected by Bitcoin's price.