Why is the market red

[childish]

You tell me?

A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.

What’s going on?

First I want to say it is a cycle which when market is low people want to buy, results value will rise and when the results are good (green)here we are going to sell it, that it is because of greater supply it will flow and get a pop up and later down... down... down.   

I know this is short but I know this would be helpful to you and maybe in our research tomorrow.

with the development that began to decline and many enthusiasts who go, able to make the red market. so that will result in the existing price on the market. so I see to tackle this it is necessary to improve the development and support for the future of the existing market.

[high110]

The market grew very strong last year. Now we see a long market correction. We have a chance to buy a lot of coins cheaply. In the future, the market will again begin to grow.

[aalborg]

The most significant thing is not to panic. The market of cryptocurrencies will be recover, because the commercial capacity have diminished and there is no increse movement. The reduction of the cryptocurrency market is very quiet. And the pespective for him is still very uncertain and unpredictable. I think we need new investments, particularly in altcoins which are now at the bottom.

[luongdk]

Now many began to connect hopes for the restoration of cryptomarket with the introduction of ETF to bitcoin. I think that these hopes are justified, since when ETF was introduced into gold, the price jumped very much. until the market clearly does not expect anything good at least until the end of the year for sure, and then we'll see whether the right beat the forecasters or not.

[arthur305]

There are a lot of factors affecting the market giving it the present down time. But I think the major factors are the negative news here and there and possible market corrections as well.

[dilandanmilea]

the only one I know is that the market is drastically declining because it's a cycle that occurs after a very high price hike like late last year, and my friend has also been predicting this, maybe the current market situation will take place in the long, and probably will end at the end of this year or by the end of this year the market will recover but the increase is not as high as late last year, but this is just a prediction that will not necessarily happen

[sam53]

The red market has many causes, due to negative news, due to turbulence in the psychology of investors. But the main reason comes from the recent cryptos market is profoundly affected by the stock market. So now you should wait and hold, should not panic sell to cut losses.

[Psychee]

I do not know but I can recommend you 1 crypto project Socratus

[franklinrichards]

Crypto is a technology that is very sensitive to issues in circulation. Good and bad issues always affect the development of crypto. In addition to the ugly issues that make the crypto all red, the interest of investors who decrease in the purchase of coins or investment in crypto also causes the impact of the market numbers to be red.

[zacad]

I used to see a lot of news or events to make the market turn red, but recently I didn't find any signs that the market is falling! I think the big reason may be caused by whales!

[adamreb]

It seems to me that this situation arises because of the decision of many people to just keep, rather than use tokens. This leads to their low price. In any case, because of this, you do not need to panic, remain patient.

[lesnik_utsa]

Answering your question I want to note that not all people who bought at the very top of the market have not sold yet, but are already ready to sell their assets. As soon as such people end, so the market will begin to grow. We can only wait

[Gleborg]

There are no new customers, people have lost interest in cryptocurrency. If there is no inflow of money, then the coins will become cheaper. I think that bitcoin will drop to the level of 2-3k and only after a few years we can see a repeat of the growth of 2017.

[apilpirman.bisnis]

Bad news about bitcoin and India was banned bitcoin trasanction in their country, why is happen and make bitcoin price was drop and low. we have waiting for long time and looking bitcoin will grow up and have highest price next time, just waiting and looking back bitcoin have highest price.

[yeeyeyaya]

The reason is news about hacking. It blames the stability and security of crypto. Many people lose their eth and token too. People who are not affected by hacking fear their token and eth will be stolen.

[codegm]

Market is always red last 8 months. I think it will be some 5 6 months too. Maybe the market will be much worst.

[sirengutou]

I think this is a normal phenomenon. It may be that the cryptocurrency is releasing the bubble, and it may be that the world funds are affected by the US dollar, but I believe that the US dollar will definitely fall. This is a human consensus.

[Irinagoduna1]

There is less interest in ICOs this year in general because we have to wait for the outcomes of the ones launched on previous years. When some of these succeed everything will go again up.

[Moshi Moshi]

I think this is a normal phenomenon. It may be that the cryptocurrency is releasing the bubble, and it may be that the world funds are affected by the US dollar, but I believe that the US dollar will definitely fall. This is a human consensus.

very precisely and currently I know the cause of the weakening of the market because cryptocurrency back hit by bad news, but usually the market will return to normal in a few weeks so stay patient.

[Zakifon]

Correction dragged on something.. I really hope that by the end of the year we will see rapid growth.  My entire portfolio has so far gone into negative with the market ... I would like to see a profit