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Author Topic: Cryptocurrency market dropped  (Read 3356 times)
vaughn125
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May 27, 2018, 07:11:01 PM
 #101

According to ccn news it stated that the cryptocurrency market has dropped by more than $42 billion in the last three days, from $412 billion to $370 billion. The daily trading volume of the market also declined by around $3 billion, from $22 billion to $19 billion.
what do you think about it.


Well, that is just how the market works and we just cannot do anything about it but to go and adopt to them. Because it is pretty clear that we won't be able to change them. it is what it is so better live with it and accept it rather than just go and be pissed while thinking about it.
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May 27, 2018, 08:50:14 PM
 #102

The market is still changing. It can drop and rise very easily. We can see from the market cap that most coins are in red right now. But we cannot predict what will happen tomorrow. The volume and rate of the coins are fluctuating. It makes some changes. But never be panic of this condition. This is normal.

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Tosyn2
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May 27, 2018, 09:00:16 PM
 #103

This is nothing to be worried about, it is not a new thing if you have been into crypro a while you should have gotten used to it, i think market market tend to get better towards the end of year.
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May 27, 2018, 09:08:03 PM
 #104

Its really true but I believe it will gain its feet in the coming months. You know this is not the first time it has dropped. It do happen so the rise will come
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May 27, 2018, 09:12:47 PM
 #105

Am also surprised and wandering what could have happen to make  the market decline at this rate, and what you think that should be done to make the market green again. Any point or suggestion.
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May 27, 2018, 10:01:50 PM
 #106

It is not encouraging at all, the price has been dropping almost each day, my portfolio doesn't look good, but this is crypto in a day the whole story could change things happens so fast.
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May 28, 2018, 02:51:57 AM
 #107

Actually, it is a normal issue, crypto market up and down. you should not panic about this. I think it's just panic sell that's why crypto market some down. but it will recover soon and the crypto market will be high in this year. I think everybody should have patience in this regard.

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May 28, 2018, 03:05:39 AM
 #108

HOLD, no word other than the word. I believe this is just a correction, the future crypto will again rise again the price. when the price drops as it is today, this is the right time to spend some of our money to buy some type of crypto that would have a great opportunity to rise in price.
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May 29, 2018, 10:19:53 PM
 #109

Prices will always drop at different times in the market. It does not always mean that the price will stay down for a very long time, sometimes it just means that the prices are correcting themselves for the next recovery. Don't panic, just be patient
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May 29, 2018, 10:24:04 PM
 #110

According to ccn news it stated that the cryptocurrency market has dropped by more than $42 billion in the last three days, from $412 billion to $370 billion. The daily trading volume of the market also declined by around $3 billion, from $22 billion to $19 billion.
what do you think about it.

Just one of those bear market moments. That has been the case since the beginning of the year. It has been dumps upon dumps with just little green days in between. My only worry is the declining trade volume. That's much of a concern to me. But I do believe that the market would recover. Today around $10 billion dollars was added to the cryptocurrency market capitalization. Hopefully it continues

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May 29, 2018, 10:44:47 PM
 #111

According to ccn news it stated that the cryptocurrency market has dropped by more than $42 billion in the last three days, from $412 billion to $370 billion. The daily trading volume of the market also declined by around $3 billion, from $22 billion to $19 billion.
what do you think about it.

Just one of those bear market moments. That has been the case since the beginning of the year. It has been dumps upon dumps with just little green days in between. My only worry is the declining trade volume. That's much of a concern to me. But I do believe that the market would recover. Today around $10 billion dollars was added to the cryptocurrency market capitalization. Hopefully it continues

Well today has a green look in the market I also hope this kind will last a minimum in the next 2 months so we can reorder the protofolio for the long term, because it has a lot of value lost due to worsening market conditions if like this continue and then how Crypto fate in future.
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May 29, 2018, 10:47:27 PM
 #112

the market is red, so many withdraw their money from cryptocurrency.
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May 29, 2018, 10:47:42 PM
 #113

When I heard about it, it was very disheartening to me but one thing I know about crypto is its volatility. You wont get the same price as you want.  It will sometimes go up and also come down at a point in time
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May 29, 2018, 11:10:41 PM
 #114

Can not deny, that it is true crypto has decreased far from the highest price ever achieved. This situation may be very worrying for some people, especially for newbies who have just joined. But we must remain calm, do not let pessimistic sense in our self and our mind. We must always try to be optimistic that crypto has a reliable ability to increase its price again. At this time-proven, crypto has increased again, although not many and not yet consistent.
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May 29, 2018, 11:24:16 PM
 #115

Currently, the market cap of the entire market is at $ 326 billion, compared with last month's $ 438 billion. It can be seen that after the recovery of the market rate of the cryptos market in April, the exchange rate in May tends to decrease due to many objective reasons. Investors expect that in June 2018, the exchange rate will recover and the capitalization of the cryptocurrency will increase to $ 500 billion.

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May 29, 2018, 11:41:13 PM
 #116

This is just regular correlation. Everything will be fine in a couple of months.For me i know that big institutions are close to entering crypto market again and it will be huge
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May 29, 2018, 11:47:00 PM
 #117

That the nature of the crypto market, It tends to rise and fall overtime, though the value lost in the resent past has been worrying, there is still no case for alarm, we still have belief that the value of the coins will recover

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May 29, 2018, 11:54:47 PM
 #118

When I heard about it, it was very disheartening to me but one thing I know about crypto is its volatility. You wont get the same price as you want.  It will sometimes go up and also come down at a point in time
Don't have that feeling when you hear or witness the market in shake. You must do something to don't feel that feeling and when you understand it correctly that crypto's are volatile, you'll get to know which are the best thing to do when the market is dropping. Maybe you guys haven't seen it lately that the crypto market has been on green and is up again.



 

 

 

 

 

 


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May 29, 2018, 11:59:09 PM
 #119

Well probably because I see a lot of people sell off and cash out their cryptos and traders stay off from trading to understand the market for some time. I believe in the coming weeks everything will go back to normal and we can see green days again.
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May 30, 2018, 12:45:13 AM
 #120

the market is red, so many withdraw their money from cryptocurrency.
a very disadvantageous action when the market price falls to withdraw. savvy investors will always think about making a profit with any situation, their red market prices will rush to buy and wait until prices rise again. and selling at high prices.
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