what causes the price of altcoin down?

[oceantiger]

The price of altcoin is down and the reason is what nobody can tell us. The dip in the market was so deep for the past two days. For crypto enthusiast that has more money to commit to the market this is a buying opportunity  that  looks so real and surely will bring profit for short term traders. Good luck to you traders who will dare.

[Ferry22]

The ups and downs of the price of digital cryptocurrency coins are greatly influenced by market conditions or Crypto trading. but in my opinion, not all prices go down, there are some whose prices are fixed or even up.

[fishycink222]

i think it's becuase the price of altcoins depends hevily from the price of BTC

[Denigmatic]

I think that lowering the price of altcoin leads to a disadvantage. After entering the market, the task of any coin is to consolidate the charter. This functionality, universality, as well as investor interest and demand. If the coin does not work. She can not last long.

[fizik4]

A huge role in the price of coins is influenced by stable crypto-currencies. But do not forget about such factors as listing on new exchanges, good / bad news about the team, whether the road map is being fulfilled in due time, the attitude towards the crypt of the government of the country in which this project operates. The stability of the coin can be judged by its relation to bitcoin. Changes in value in Fiats may be consequences of changes in the value of the crypto currency in which the coin is traded.

[Granit0]

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.

[BitSat]

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 white-paper study about the team and look critically well into the community. Personally I think nothing has caused Altcoin to go down and so I think with the current Altcoin turbulence due to the decreased Bitcoin movement from a few months ago so from now on many people are afraid of the current Altcoin decline.

[Coroline]

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

because there are too many altcoins today, it makes people think whether altcoins will last a long time, considering that every time new project projects emerge with a better system

[AdamSv]

personally, I bought balconies,and now I plan to buy more, they say after the leg year will be a good growth.

[e@symode]

The reasons have not changed since the moment when bitcoin started to fall, recently as you managed to notice many people began to say that BTC turns into a stable coin, I would not like to believe, but the fact today we see

[Kenway]

I believe that when the price of Bitcoin falls, it will also affect the price of Altcoin and start to fall. This is due to the price manipulation of the big whales, they believe they can control the price because they have the largest share of coins, but if you invest in the Autocoin, this is the perfect time to buy these Otto, but make sure they are Is a good coin, has great technology and manages team

[beswaax]

Everything depends on the market! The bitcoin rate dictates the rules for the rest of the coins!In the larger case, the price of the coin depends on the bitcoin exchange rate. But of course the demand on the exchange

[rimueng agam]

Not all altcoins are cheap, there are also altcoins that have high prices but have less supply than these cheap altcoin prices and if the altcoin prices are cheap then you can buy them in large quantities too

[HongKong]

Not all altcoins are cheap, there are also altcoins that have high prices but have less supply than these cheap altcoin prices and if the altcoin prices are cheap then you can buy them in large quantities too

That could be why there is a lot of dumps going on. The massive quantiles of coins is being purchased by the whales.

[Gifolote]

I believe that the price of altcoins depends on bitcoin and as bitcoin falls so the price of altcoins is cheap which gives us the opportunity to buy them at a low price

[belcini]

In fact, such a problem is now characteristic of the entire crypto market and various altcoins. Now most of the coins are going through difficult times, so this situation adversely affected the position and further prospects of Ethereum. But from next year the situation in the market should improve.

[GirlBitcoin]

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

It depends on a lot of different factors. I think it is influenced by manipulation, news and timing. The point is that investors often withdraw money to use for their personal expenses. In our Asia, investors often sell many altcoins at low prices so that they have money to play in the new year. And that's why its price has dropped.

[Isay_Gonzales]

I believe that the cause of the fall of altcoins. This is a bitcoin drop because all coins are very dependent on bitcoin. And usually altcoins are much lower guessing than bitcoins.

[TIDOVEE]

Altcoin and bitcoin are interrelated, the fall of bitcoin will usually have an effect on the altcoin even considering that they are both cryptocurrency.
They both has been down for months now which I think is has a result of certain cryptographer's influence. Probably trying to control inflation and allow accumulated token of ICO to be expended.

[florinda0602]

I think that lowering the price of altcoin leads to a disadvantage. After entering the market, the task of any coin is to consolidate the charter. This functionality, universality, as well as investor interest and demand. If the coin does not work. She can not last long.

I think if the altcoin doesn't get many investors it will not be a success and in the end become failed, so it will not earn and will cost the price of the altcoin to go down..