Market Goes Down and Down

[Davidbike1]

I have noticed that cryptocurrency trades very similar to penny stocks - emotional excitement. If you're are familiar with the marijuana stocks it's similar.  Canadian and us mj stocks are likely to go up in price because of canada legalization sales on October 17 and the usa state wlection in November. I was bummed when the SEC rejected the graniteshares direxion and proshares etfs but it looks they may try work with the companies to help prevent manipulation which I think is because of the few millionaires buying or selling large orders when there are many buy or sell limit orders waiting to be triggered.  Although the news back earlier in August about the NYSE owner Jeff trying to set up the company bakkt to set up institutional investors IRA and 401k hopefully didn't excitement the market much but we should all be thankful for Jeff and I think by November things will be higher at much higher prices.

Just listen or read the article starting at 4:45
https://youtu.be/0VAZiRldMVU

[Adriano2010]

Yes the market has go down and down, but i think will start recover after this summer, so best is now to hold and get more cheap coins.

[Piskeante]

when you can lose almost 80% of the value of your investment, THAT'S NOT RISKY, THAT'S A DEAD MARKET.

the faster you understand it, the fast you cut off loses.

[ilumanded]

For a very long time, the price of coins is not growing, but don't panic. I think by the end of the year all will be restored.

[jokerblack]

It's a Very Struggling time for Cryptocurrencies. The Market Goes down approx 10 to 15 Percent. Bitcoin Drop down $7k, On the other Hand, Ethereum goes down $400.

Today, the price of coins began to grow and perhaps this is the beginning of good growth.  In any case, do not sell coins now.

[identifyuser]

I think that the cryptocurrency market will soon grow and everything will be fine. So now it is better to buy cryptocurrency, and better alt coins and wait.

[telephonedroid]

I am very calm, because I am sure that the market will soon begin to grow again, and there is no reason to worry .

[hussnainali]

According to trading phenomena this was expected and was told very early because when something goes straight away so high, its really obvious that its gonna come down from that peak point but this much low was not expected and according to my point of view this has happened due to investors have lost there confidence in market hence they pulled out there money from market which made market crash so badly. 

[Kurumichan]

keep believing and being patient at the moment I am sure the market is experiencing a recovery in altcoin prices

[ninokh]

It's a Very Struggling time for Cryptocurrencies. The Market Goes down approx 10 to 15 Percent. Bitcoin Drop down $7k, On the other Hand, Ethereum goes down $400.

I am also surprised by the current market conditions every day the value of bitcoin and altcoin is getting lower. whereas there is no negative issue about cryptocurrency that might cause the red market to be their whales, big people who want to buy at low prices. I hope that this condition will soon pass. and the market can recover.

[Mia-]

the market is now recovering, believe that the price dropped at an unnatural point that is the right time to invest, we can assume we get a discount and be patient for pumping prices

[starblocks]

A downtrend is not necessarily a bad thing because when it gets cheap you start buying (or if you bought higher then think longer term)

That moment is gone for now as things are picking up but if you bought it lower then you'll likely gain from that profit wise in the coming weeks

The next pivotal moment is the ETF decision late September

[corat coret]

whether or not the market will deteriorate, there is no one who knows when the market will recover, it's just that everyone is trying to predict when the market recovery will occur, and from so many predictions, most of them claim that the market will recover later this year but whether it will actually happen or not because it's just a prediction that won't necessarily happen.

[leviathon]

It does, today we might see green in the market and the next day we are seeing red in all of the coins. At this point there is just no telling how well the price of the coins will be in the coming months, there is way too much money leaving the market, the market cap is going down by billions the more people take out money from cryptos.

[Orangeko]

Of course any market has a downturn . Now their prices are very low. But this is the right time to invest, and we need to wait until the market rises to make a very good profit.

[Klinmill]

Now the Crypto market is falling rapidly as the number of scammers and hackers is getting high. For Crypto, now is a very difficult time . I'm sure the market will improve soon .

[Nemonemo]

Now the Crypto market is falling rapidly as the number of scammers and hackers is getting high. For Crypto, now is a very difficult time . I'm sure the market will improve soon .

It's true that you say indeed the crypto market is currently down,
so with such conditions, of course we have to keep holding it so we don't lose,
and it is better that we remain patient also to wait for the market to rise again

[Halbert]

The most important thing is not to worry and understand that soon we will see the growth of coins by the end of 2018 

[jumiapaul]

The Cryptocurrency industry is obviously very volatile and as such prices experiences drastic and unexpected changes. The prices which are down now would sooner or later be higher. It takes determination, patience and information to succeed in the cryptocurrency space. The bullish trend would arrive very soon.

[Lina Novach]

When the market falls, always remember that this is a market strategy. Because either you keep your coins, or panic, and make a mistake.