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Author Topic: Why the crypto is dropping again?  (Read 1161 times)
TCW003 (OP)
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May 09, 2018, 06:19:34 AM
 #1

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?
CarltonWyatt
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May 09, 2018, 06:32:24 AM
 #2

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

Volatility is the name of the game. I think its going slightly flat as many are waiting for the NewYork consensus conference. In years past this is where allot of news comes out so I think people are waiting in the wings. Add to that the non show of the sec meeting on ethereum.
extrimals
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May 09, 2018, 08:32:19 AM
 #3

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?
there will be still time for raising of a course and the prices of a cryptocurrency, the same bitcoin now it strongly fell, soon perhaps will increase therefore it is not necessary to sit idly by, it is necessary to wait for the moment all the same raising of prices.
light22man
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May 09, 2018, 08:37:13 AM
 #4

Don't panic sell your coins, It's just a correction on bitcoin after grow from 7000 and all coins suffering with him. If you can't hold little drop better thinks twice before get in market.

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Teraboy
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May 09, 2018, 09:06:19 AM
 #5

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?
If you can't be patience and you should sell all of your coins to avoid any loses but this is not recommeded way in my opinion. The correction just like a common thing right now consider it will always be appearing after there was a big increase in a short time. You can try to look at the news site to get the real reason behind that.
renault18turbo
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May 09, 2018, 09:51:25 AM
 #6

You should understand that there can be no stable growth in market relations without correction. This is a normal phenomenon, you need to be patient.
Ashliel
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May 09, 2018, 09:55:13 AM
 #7

Is the news of impending regulations causing the drop in crypto?
Kruncha
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May 09, 2018, 09:56:53 AM
 #8

The downs and ups are not always related to investor psychology. Those who are patient will win.
crypto_117
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May 09, 2018, 10:00:35 AM
 #9

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

This was to expected. I predicted this fall.
deddod
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May 09, 2018, 10:02:04 AM
 #10

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?
I think the decline in Bitcoin prices this time is reasonable I mean only decreased about 1-5% unlike the previous month, because the price is fluctuating and many facts that affect the price of Bitcoin. including the game of the Big investors.
My advice do not sell your Bitcoin now, wait until the end of the year or until 2020.

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preshpr1nce
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May 09, 2018, 10:08:19 AM
 #11

Starting to look stable after the drop, to sell now wouldn't be wise in my opinion
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May 09, 2018, 10:48:15 AM
 #12

It has not broken the resistance level so it is going back now. But that's normal, from $6000 till $10000 There were many corrections happened.

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May 09, 2018, 11:04:23 AM
 #13

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?
[/quote
The finanial market generally is coated with bubble and burst and so it should not be strange. my take on it is that you wait as the market wil bounce back. The crypto world is more volatile than the traditional market so you take that into consideration.
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May 09, 2018, 11:22:16 AM
 #14

Because of SEC meeting on 7th of may. But apparently their reunion and importance of this reunion was no more than shilling, FUD and opportunity for someone to purchase crypto for lower price and gain on speculation.
jems
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May 09, 2018, 12:18:48 PM
 #15

why do you easily panic like that? I think that's a natural thing. up and down always take turns coming but I always believe that this decline will not be forever and other reflections will happen soon.
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May 09, 2018, 12:56:33 PM
 #16

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?
This is normal fluctuation don't be confused know again market is green. Many peoples are investing in Bitcoin but some issues are occur in past two days know everything is normal so this is best time to invest in Bitcoin and altcoins  . I think you should hold in three more months you will earn more profit in your investment.

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nelmari
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May 09, 2018, 01:42:34 PM
 #17

I thought so too but I think the reason why these prices drop down most especially Bitcoin again is because of Warren Buffet condemning Bitcoin again and saying that it is not a productive asset and it has greatly affected the market price. And if you want to sell your coins then sell them if you think it is the right time.
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May 09, 2018, 01:47:12 PM
 #18

Maybe its just a small correction and not the beginning of a longer dumping. If u look at the charts of the recent years, you can see that the market had often a very positive sentiment in that part of the year. I wouldn´t we be to afraid of this little dump.

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May 09, 2018, 01:57:20 PM
 #19

Do not panic about the fall in market values of crypto as this is only normal fr fluctuation in cryptocurrency. There will certainly be a rise in the price again. Don't be quick to exchange your coins as this is just temporary and you still have chances of making more profits. Hold your coins back and watch the market rise above the present value.
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May 09, 2018, 02:05:25 PM
 #20

If you sell it now, I think you'll regret it! Because their prices will rise again! The performance of these days, just normal fluctuation! If you sell now that's panic selling, it's not good for you! I suggest you do the opposite of what you think, which will make you a good profit!
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