MFY151
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June 24, 2018, 02:10:27 PM |
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Why?
Is because not all times crypto market is in the bull side, ofcourse if there's a negative there is also a positive and if there's a bull season there is also a bear season. We need to wait for all achievement in our life. Believe and crypto will be our beautiful future.
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Thirio
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Activity: 350
Merit: 47
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June 24, 2018, 02:11:23 PM |
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supply and demand my friend. supply and demand. just like stocks (which are also red these past few days) there are factors that affect its value. Besides, cryptos specifically bitcoin as we all know are pretty volatile. Being red for a few weeks or days is normal just calm down.
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cabron
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June 24, 2018, 02:16:00 PM |
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We are in red because accumulating is being done at every market swings. I guess they are going to do this until no one is going to panic after trying to make you panic. Sell now if you are going to sell soon anyway.
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zeze18
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June 24, 2018, 02:17:45 PM |
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Why?
Because it's not the future yet. People need new entery price for getting more profits. It's already too high before, so we just need a break
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shiningstar
Full Member
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Activity: 420
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Qravity is a decentralized content production
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June 24, 2018, 02:18:27 PM |
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Because the price represents the situation right now, although blockchain is the future but right now there's too many uncertainties regarding this market and people are afraid to invest here that's why the price is red. There's no stocks that keep going up all the time, if you look at the daily graphs then it's not uncommon to see something red for a long time before going up again later.
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macshad
Jr. Member
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Activity: 280
Merit: 2
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June 24, 2018, 02:21:33 PM |
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Maybe it is only a normal adjustment that sometimes cryptocurrency coin comes to lower level of price status and mostly people says that it is a red status of price, but we all know that price of cryptocurrency somtimes down but it will surely rise again and reach up to the green level of price status.
Its a new kind of currency and it takes time to adjust to change , and right now no one knows the future no ones if crypto currency is actually going to stick or fade away but for now its a good way of investing
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Borisov
Member
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Activity: 336
Merit: 10
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June 24, 2018, 02:27:29 PM |
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The market cannot grow constantly. Now the market is cooling down and preparing for the next takeoff. So patience to all of us )
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EL-NIDO
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June 24, 2018, 02:30:08 PM |
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As we already know is that the value changes by good or bad news and growing rumors also. It is normal for any market that there are down trends. At the moment there are many panic sellers. But we only need to stay cool and think positive. Everything will be normal again soon.
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Genemind
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June 24, 2018, 02:31:58 PM |
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Why?
It is a normal market cycle. Cryptocurrency will never be profitable, specially to traders and investors if it will not decline some time. Just because the market is red, it doesn't mean the market is dead. This will pass some time soon, and the market will start to recover. Better be buying the dip, than panicking.
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PhucS
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June 24, 2018, 02:36:48 PM |
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Why?
I think you haven't thoroughly researched this market. Cryptocurrency is the future of the generation 4.0 technology, which does not mean that it will continue to grow without major difficulties or fluctuations. If all is green then this market will not be able to last long and grow. The market is always affected by the positive news related to crypto, which makes the value always decrease. But everything needs to go through difficult times to succeed and get the results are expected
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jc89
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June 24, 2018, 03:50:13 PM |
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Why?
You are looking at this the wrong way. In what universe does defines "the future" as always in GREEN? There are many technologies before struggled in the past and yet they are huge technologies now. Let us take Apple for instance, they boomed in the first years of their era and at the middle, they are losing millions of dollars for years. Imagine that they struggled for years and look at them now. Your logic about the cryptocurrency as the future is very flawed.
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Everandi
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June 24, 2018, 03:52:43 PM |
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Cause someone wants it to be as low as possible to buy a lot you shouldnt wait for profit at summer, looks like winter is the closest time
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umbara ardian
Sr. Member
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Tontogether | Save Smart & Win Big
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June 24, 2018, 04:00:00 PM |
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just calm it's just transition period cryptocurrency its movement up and down and the price of cryptocurrency will not forever above you better learn deeper movement of cryptocurrency. without cryptocurrency education you will not be able to understand it.
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Dheo
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June 24, 2018, 04:16:08 PM |
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Why?
It is a normal market cycle. Cryptocurrency will never be profitable, specially to traders and investors if it will not decline some time. Just because the market is red, it doesn't mean the market is dead. This will pass some time soon, and the market will start to recover. Better be buying the dip, than panicking. Yeah red line is normal in fact this is our opportunity to buy a lot of bitcoin or altcoin because the price of many coin now are so low, crypto is our future so don't think that the market now is in the red line it means that it is the end, it is just a part of the market.
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Triss Merigold
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The Future of Security Tokens
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June 24, 2018, 04:20:21 PM |
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It seems to me that I broke the wall on the stock exchange from the bitcoins. Which kept the price at the level of 6300-6500 $. Now many are upset by this fall and try to sell as much as possible, which is at the mercy of those who are buying up the asset.
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ultrastructure
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Activity: 111
Merit: 10
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June 24, 2018, 04:26:16 PM |
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Crypto still have a bright future but the market is in red right now, fluctuations are normal in crypto, as they are normal in the stock market. After a surge in prices like the one at the end of 2017 it is normal to have a correction, it is impossible for a market to keep up with that growth. There are so many facts that affect the crypto currencies really and hence they get into red zone many times. Currently we are in the bearish outlook for sure and in the technical terms we lost the resistance level at 8.5 K USD which bitcoin should have passed already. Now is the bearish trend that might get started however always remember that after each bearish trend there comes heavy pump so be ready for the green future.
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iram1011
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June 24, 2018, 04:29:23 PM |
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Recently, we saw many negative news circulating regarding cryptocurrencies like Indian banks' uncertainty, Bithumb hack, South Korea tax regulations etc along with the required correction after last year pump. Crypto market hasn't yet matured enough. The volatility is pretty much high because of lack of volume. The premature increase in price last December and market still going a price correction because of that isn't an example of mature market. Price isn't following any fundamental or technical analysis right now. It is acting irrational at the moment. This is all because market is still in infant stage and it requires more investments from other assets to gain momentum and trust.
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jhache
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June 24, 2018, 05:53:54 PM |
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If you don't know than the current red is caused as the market is going through a correction. Now you may ask why is the market going through a correction, well that is cause the markets had one of its biggest rally last year and the price isn't going to keep on going up always. It's going to correct at some point and the markets are obviously going to be in red for that time period.
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Gorodcoin
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Activity: 264
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June 24, 2018, 06:00:06 PM |
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Many things have influence on prices of the cryptocurrencies and the market. It goes down and up again, and again down. Just relax and buy in the right moment
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emberbekas
Legendary
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Activity: 1904
Merit: 1000
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June 24, 2018, 06:02:30 PM |
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Why?
Lol, if there is no red then how we will get the future? If for example the price will always up I am sure most people won't sell their coins and caused the market to be stuck. Up and down are a must to keep the market healthy.
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