what causes the price of altcoin down?

[snazir]

Because i Think that the Reason for the General, Its Not more Popular like bitcoin and there are So Many causes altcoin's Prices went Down the rate of any Crypto Currency is determined Primarily by the Changing demand and supply to it, The Market has been Recover now as We can See many Green in the list of Crypto.

[Bangjull]

if I think why altcoin down maybe it's down again maybe someday altcoin will rise again as before again, it may be a factor of the bitcoin that is going down the course so altcoin follow bitcoin, maybe at the end of the year will rise again hopefully

[caoboinhacso]

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

Because at now, the capitalization of market are transfering to Bitcoin. This time is quite sensitive, you must research about the chart of coin that you want to buy, some coins will continue to fall deeper. I think this trend usually happens on mid year because big investors want to collect as many Bitcoin as possible, and wait the growth at the end of the year

[GWS My Boy]

I think that's crypto, the price variation is all according to the needs we need. why altcoin is in a cheap price may be because of new coins, a lack of investors coming in and other things that make the price very low like bitcoin decline. basically like the first time bitcoin and ethereum have a very low price first created then people in droves are investing their money and being as it is now and also the developer team will influence the coins going forward.

[altcoinhunter01]

The whole market always follows bitcoin and whatever direction it moves, every coin following that trend. Market try to consolidate here for a big rise in the near future but only require anything positive from any end.

[Raidzin]

The whole market always follows bitcoin and whatever direction it moves, every coin following that trend. Market try to consolidate here for a big rise in the near future but only require anything positive from any end.

It's a problem, but there's nothing you can do about it. Bitcoin has opened this market, he started this trend and gave rise to this idea, fought for it. Therefore, everyone tries to follow him not only under duress.

[Bile123]

I think a reduction in the price of altcoin leads to a flaw. After entering the market, the task of any coin is to consolidate the statute. This functionality, versatility, as well as investor interest and demand. If the coin does not work. She can not hold out for long. The price falls and interest too.

[chixka000]

I think a reduction in the price of altcoin leads to a flaw. After entering the market, the task of any coin is to consolidate the statute. This functionality, versatility, as well as investor interest and demand. If the coin does not work. She can not hold out for long. The price falls and interest too.

The reason is actually very simple. now all the volumes are pouring bitcoin and no one is investing big money in altcoins so their price is falling.

[Arsaen]

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

Actually it is not just altcoin, bitcoin too. It's just that people sometimes say that bitcoin affects altcoin.
It's like a troubling myth. You have to know, every coin will not be forever stable, even if it's the strongest coin like bitcoin.

[Kobiniki300]

We are in the bearing market to prices of most coin went down but it will be alright soon

[buivanquan22]

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.
[/quote]
Yes. There are no cheapest prices that only match, and I think the current altcoin price is suitable for long term purchase. You go to early next year to see, surprise will come when the price can fold several times

[rraymundo]

In 2017 BitCoin has risen from $1,000 to $20,000 before dropping to $13,000 at the end of the year. Since then, BitCoin's value has risen and dropped sporadically from day to day, dragging smaller cryptocurrencies like Ether and Ripple along with it. So BitCoin and AltCoin correlates with each other. If BitCoin is bullish, then Altcoin is bullish too. I think it is good for us to buy the dip and HODL. Value changes every minute, it won't stay stagnant.

[reality18]

Many altcoins are paired with Bitcoin on almost all the exchange sites, hence a significant fall in price of BTC causes the paired altcoins to fall as well. Also, in situations where there is panic, holders of a coin begin to lose trust and sell the coin for very cheap prices.

[RoftheN]

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

There are a lot of things that could cause the price of an altcoin to fall. There is the fud that surrounds cryptos all the time which leads to the prices of the coins falling. There is the matter of pumping and dumping of coins by whales, when they are buying the prices of the coins go up and when they dump their coins, this leads to the prices of the coins falling down.

[Vasya]

This is nothing, a ton of them will be worth near 0$ on the grounds that absence of utility, some will change the world and entire businesses clearly yet many individuals will lose confidence as a result of contributing carelessly.

[JaoBadjap]

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

Most of the time, the hype with bitcoin affects the values of the rest of altcoin.
beginning like almost at the end of the year. a lot of non crypto enthusiast gets into the market and buy bitcoin.
with this bitcoin is hyped. and after that this people will leave gradually.
leaving and dumping their purchased coins or token.
and the price of all crypto will fall too. because of this.

[rickadone]

Many altcoins are paired with Bitcoin on almost all the exchange sites, hence a significant fall in price of BTC causes the paired altcoins to fall as well. Also, in situations where there is panic, holders of a coin begin to lose trust and sell the coin for very cheap prices.

Yes, altcoins are not exactly down at this moment. I mean they are down against the bitcoin price that is true but they are not down against the dollar value. Which means they are not not losing value, bitcoin gained value against them, this is a lot different than losing value, its a bull market and bitcoin price is gaining value but altcoins are not losing value at all.

Hence, I believe that altcoin prices are down because bitcoin gained value against the dollar. Wait a bit more and alts will go back to their bitcoin prices but this time they will gain value against the dollar value as well.

[Yowlahe]

the in all likelihood reason is because of the huge number of rivalry going on. Kinds of altcoin the more extended to an ever increasing extent. At that point the quantity of the network wound up scattered equitably. also, this makes numerous coins at last encountered a value drop. The second reason is most likely on the grounds that a ton of going frenzy offer. that outcome since it was anxious about the possibility that that the coins will be evaluated low because of consume.

[cleimor4e]

The supply of the ethanol and the increase of the bitcoins is the reason.

[saras008]

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, there is no turmoil in Altcoin, although today the price tends to follow the movement of bitcoin.
This is great because of exaggerated coverage, or maybe someone is deliberately wanting to drop the altcoin.