Why the crypto is dropping again?

[hdclover]

After one month of a small bullishness, market is somewhat looking to correct itself before a big run or even a big downfall. But I think market will move up again after this correction.

[mickeybuddy27]

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

The main reason is that bitcoin had a strong sell wall preventing it from going up above $10k, and after a few times trying to test that level there was simply no momentum. Then BTC experienced a pretty big correction in one day, which triggered the altcoin market to fall as a result as well.

There is definitely an element of panic here, and I wouldn't sell whenever there is a panic dump.

If you're still thinking about selling, don't. Prices are still cheap and below $10k. I'd rather hold it till the next rally, if short term profits is what you're looking for.

Other coins are recovering and potentially grow in the market while bitcoin is now dropping from the fact that it recovering but suddenly gets low again which make us sad and when you sell today even the price of the altcoin is high but when you sell bitcoin, you realize that still earn just small profit from it. We do not have to sell for now and do not participate to this dumps that will make it more dumps because when low there are many that sell. I hold as long as I do not need a cash.

[Yamifoud]

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

We shall understand and accept that this the way crypto runs, ups and downs are almost happening every time. And we can't blame others that causes such drops, we may think also that in such events we have given chances to buy coins in low price and gain profits when it goes high.

[CrazeCoinz]

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

Don't panic mate it's normal that the price will go down as this is subject to supply and demand. Also correction will always happen after a rally. So, be aware of this scenario and plan ahead.

[mamesso]

The issue of South Korea's exchange caused Bitcoin and other assets to decline.
this is not an extraordinary occurrence, and the market does not really respond to this.
hold and consensus this year will improve trade.

[sakokinak]

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

Bro, I do not find anything strange in it. The whales are manipulating the prices of the cryptocurrencies as usual. However, I believe that the market will soon rise.

[thinkpad99]

Selling your coins when price falling is very bad way. You should wait because it is only temporary drop and price will back to norm. Be patient and wait

[lilifcik]

I think that the news is influenced by the speeches. I need patience for this job. There is no need to panic. in time everything will recover. I believe this market will be the brightest market for the future.

[Mr.ZODIAC]

I think that the news is influenced by the speeches. I need patience for this job. There is no need to panic. in time everything will recover. I believe this market will be the brightest market for the future.

I was convinced already that there are some projects and their plain-looking coins, which are gradually rising, despite the deplorable state of the market. Thus, everyone can pay attention to them and draw conclusions about where to invest better.

[jvdp]

I think that the news is influenced by the speeches. I need patience for this job. There is no need to panic. in time everything will recover. I believe this market will be the brightest market for the future.

Korean exchanges regulations made the Bitcoin and alts to go cheaper in the market now bro. Still there are some fake news providers giving more false news to the television channel. I do not think here Bitcoin investors and people who really know about bitcoin.
Since censensus conference is gonna held in with the empower of coindesk will bring some positive price in all the cryptos so buy as much you can.

[swscowods]

Don't be too quick to conclude and take action. If the seller of what you currently have of course will only be losers. hold the first and find out what happened. the market is in an up and down is normal and don't get too freaked out to deal with it.

Crypto rose from zero to the huge heights leaving behind the sky scarpers in 2017. It came down again it the start of 2018 and is rising again in a steady and smooth way. Appreciation or depreciation does not mean the technology or currency is dying or has expired. This is very normal and not something new as the value of almost any asset you have bought so far would have either increased or decreased. Simple.

[kimjenglot]

I think that the news is influenced by the speeches. I need patience for this job. There is no need to panic. in time everything will recover. I believe this market will be the brightest market for the future.

indeed all the powers of speech from important people, such as state governments that prohibit the existence of ICO projects, instantly make the sale price in the market fall apart. and fortunately today the market is starting to recover

[anntlevel]

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

Bro, I do not find anything strange in it. The whales are manipulating the prices of the cryptocurrencies as usual. However, I believe that the market will soon rise.

While being there in the world of the crypto currencies, we need to realize and understand this thing that the market value of all the crypto coins will keep on changing with time and that we can never expect it to increase all the time. there will come certain situations when we will be experiencing a downfall in the crypto market as well but there is nothing much to be worried about.

[prankbox]

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

I think this is a very short-term drop. Bitcoin price is pretty low for big guys, so the whole tendency will remain bullish. X2 this year on BTC is pretty real.

[Ajiloveyuyun]

do not!
if you sell it in the present state you will lose big, all the coins are down as investors prepare for Indul Fitri Big Day Allowance for the Muslims .. because it bitcoin and the other down the price

[calandra78]

After one month of a small bullishness, market is somewhat looking to correct itself before a big run or even a big downfall. But I think market will move up again after this correction.

The market will follow the pattern of people who actually buy bitcoin. so in my opinion bitcoin will continue to grow, and also bitcoin will continue to rise if there is already time to rise

[kajin]

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.

This^

Don't get trapped in the short term game. The big players want weak hands to sell. They will shake you out. Think in terms of long term. The top 100 on Coinmarketcap will be exponentially higher by then, given the influx of institutional money.

And if you're looking to sidestep the volatility in crypto, look at different markets like the loaning and credit industry within the crypto space. FIC Network will be launching their mainnet in June and kind've like SALT, plan to provide secondary loan investment vehicles for institutions and retail investors. So you can get paid for hodling crypto. Fixed income markets will be huge!

[320hz]

Crypto market is cyclical. And after any growth there will be a fall. Yesterday the market grew, and many people realized that soon the fall would begin. But it seems to me that this fall will not be long.

[yanlap]

After one month of a small bullishness, market is somewhat looking to correct itself before a big run or even a big downfall. But I think market will move up again after this correction.

I do not see it dropping. Infact many like me are happy and optimistic about their investment in the crypto. The drop was in the start of the year which has passed followed by smooth and steady rise in the prices of say ETH and Bitcoin and others as well. Long term holders have been in hot water in the start but if anyone of them is still holding his coins, he will be well off because only from march to may, there was a more than 1000$ rise in Bitcoin and ETH has also raised in the value. So I would say no, the crypto is not dropping. 

[btcrich2020]

That's how the crypto market will run, did you watch the market it is not dropping, it is consolidating the Bitcoin and other altcoins. This is most interesting part because once it is consolidating means definitely there is a chance to increase it's price even higher. Don't be panic about the market.