Neo, Why is it still falling?

[Alex Melkov]

I think that the price drop for NEO is connected with the general situation in the crypto-currency market. As soon as the situation on the market changes for the better, the price for NEO will grow.

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[Jamboo30]

At that time, all crypto market is falling no exception for BTC, ETH or NEO.... and No signal bring it go rising again.
So, the best way for you is still hold it and waitting for the crypto Green again.
i expect the market will rise after 1-2 months.
Please patient

[siap86]

NEO is not a guarantee. All prices on the market being down and without exception including the NEO. Maybe within a few months, a new Ascension will show the future is great, but we just wait it goes.

[linkybit]

There are a lot of ICOs involved in Neo, but why is it still dropping?

NEO is going down just like the Etherum and there is a no sign of immediate pump, NEO will recover as soon as the market start recovering from this longest correction time.

[darth_cryptorider]

Neo  still look as undervalue coin  it's good for us that it's  falling we can buy some more. Neo will be more than Ethereum

[kirstiemorton23]

it's time to use the Average down strategy.

For most people, the term Average Down may still sound unfamiliar and many have not understood the meaning. But for people who are used to playing in the world of stock investing, the term Average Down has become something familiar. In fact, they have prepared various strategies including Average Down in the face of unstable economic conditions that affect the stock price on the stock exchange.

If Neo continues to go down after you do the Average Down, then your losses can increase anyway, if that's your defensive perspective. If your point of view is optimistic, of course this weakness opens another opportunity, ie the entrance at a lower price again, so it will considerably lower the purchase price. Many people say the Average Down strategy is perfect for long-term investments, of course, by using the right strategy.

[BigTeeths]

Everything is crashing on the market not just your precious NEO. Even the big names like Cardano and Eos seems like going below their first price when they got listed.

[hansbans]

The expectation for neo was very high. Many investors have bought neo and expect the price to go above $ 100. We often see adverse reactions in such expectations

[licemer11]

NEO behaves just like the market

[Yuuto]

There are a lot of ICOs involved in Neo, but why is it still dropping?

Because currently we are seeing a bear market in both bitcoin and altcoin, which means that ICOs are greatly under appreciated right now and altcoins are just undervalued. So even though NEO's got a lot of ICOs involved, it isn't rising in price at all just because the entire market is in bearish turmoil right now.

Plus, NEO has been pumped quite hard last year and at the start of the year so right now it's definitely time for consolidation.

But honestly NEO is one of the better coins to hold for long term, so don't panic sell just because it's not going up at the moment.

[BenjaminFranklingwould]

I'm not fan of NEO overall. A lot of chineese groups trying to make hype around their ICOs saying "It's blockchain 3.0, 4.0...7.0" And only Ethereum is working with ICOs better than others, not great but better. NEO has been crashed every time with every little activity. It's not good product right now. People don't have enough trust right now in it. Watch how EOS reacted on all of that corrections.

[bircoin]

Just because big investors want it. They're pushing the price. NEO continues to get stronger thanks to ico.

[gizmocritter]

because at the moment, the entire crypto market is falling.
This applies to all altcoins and NEO is also no exception

[denbagoes]

all the coins not just NEO. This makes it confused all investors and will not know when it will go up again. Maybe in a few more months up and soon, crypto give effect to the ICO.

[Question123]

It's normal bro because all coin experiencing dumping price. And for sure after the price decreasing it will increase again and you will see neo become very high again.

[kulakvlad]

If the total capitalization of the market continues to decline, then Neo price will also fall. Nothing surprising.

[cryptomeo]

NEO has been flooded with some FUDS on twitter since two months. I guess the main reason is mainly many investors cashed out anticipating further market downturn.

Fundamentally, NEO has been really great, with many ICOs coming out using NEO smartcontract. I sold most around $70-90, and buyback around $45-52. Currently, see some smaller coins gaining more buying supports. Overall, every cryptos still waiting for the reversal from Bitcoin.

[X-ray]

NEO is not a guarantee. All prices on the market being down and without exception including the NEO. Maybe within a few months, a new Ascension will show the future is great, but we just wait it goes.

In fact bitcoin and another major altcoins get a little bullish trend and bitcoin is touching 7k rate again. It looks like people are thinking to move their investment from neo platform to another platform because it less and less on its popularity, just because you are able to staking your shares to the network doesn't mean if that was a good system to attract more and more users.

[cryptorobbo]

Somehow these platform tokens are suffering a lot. Not only NEO, but ETH as well. So many ICOs keep on coming on ETH, but the price is still very low. During last altcoin season, NEO (as well as ETH) got x3 increase in price. So now it is in deep correction.

[reliable]

I think that the price drop for NEO is connected with the general situation in the crypto-currency market. As soon as the situation on the market changes for the better, the price for NEO will grow.

So general market like btc form last 2 days is stable and at 6800 - 7k in between but from last couple if days NEO is being falling as if btc is falling which is not true. It seems they are not in sync at present due to which NEO is still dropping and thus people who had invested are ending up in a loss at present.