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Author Topic: Altcoins dropping like crazy  (Read 1619 times)
KuraJamban
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May 29, 2018, 11:35:11 AM
 #61

I hate to say this but Altcoins are dropping almost 20% last week because of the Bitcoin. I think the biggest reason why Altcoins price drop is because of Bitcoin.
If we want Altcoins to be stable and slowly rising again, then we need to wait until Bitcoin stabilized.
But with the current market situation, thing will be so hard for Bitcoin to recover.

larsbalzak
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May 29, 2018, 11:38:36 AM
 #62

When Bitcoin is falling automatically most of alt coins will follow. Why? Simply most of alt coins are traded against BTC that valued with USD. You should keep watching the chart to see where price will go. If Bitcoin is traded under $7000 probably it would be the beginning to hit the edge. The good news is, that zone is good signal to buyback. Things will be fruitful in December.

Why does the end of year happen to be a good period for crypto?
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May 29, 2018, 11:52:57 AM
 #63

almost all alt has decreased and the current market conditions are very bad. many new people and users are experiencing panic and want to quickly sell their assets.
Its really crazy because the price is not recovering yet. I am so exciting when it will be recovering.
There are so many people are waiting the price recover and hope this year will be the time. I have no exact time but i just really hope.
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May 29, 2018, 12:09:31 PM
 #64

The whole market is falling, bitcoin is falling, capitalization is falling.
 in General, this pattern is always observed when the price of bitcoin falls and capitalization decreases-this is not surprising!

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May 29, 2018, 12:16:46 PM
 #65

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern
I agree with you. But it seems to me that this is a sign that you need to invest faster to go in a hurry, he will rise or return to his former place so it is better to invest and you'll be in the payback.
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May 29, 2018, 12:32:17 PM
 #66

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern
I agree with you. But it seems to me that this is a sign that you need to invest faster to go in a hurry, he will rise or return to his former place so it is better to invest and you'll be in the payback.
The market will recover in few weeks so investing now is a good idea, market is on red now and prices are seems to be profitable even in short time holding.

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May 29, 2018, 12:40:46 PM
 #67

Bitcoin tends to regress again after a brief rise..Most of the Altcoins fall in connection with Bitcoin..I think that your market will recover in a short time.
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May 29, 2018, 02:21:51 PM
 #68

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern
Most altcoins do not move independently from bitcoin, if bitcoin suffers a big loss the most likely outcome is that altcoins are going to suffer the same fate, so do not think too much about it, I know that it can be exasperating to see good coins to move in that way and being unable to move independently but that is the kind of market in which we are.



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jc89
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May 29, 2018, 02:24:05 PM
 #69

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern

The only reason here is that Bitcoin's price decreased. As many are aware, when the price of Bitcoin declines, almost all altcoins follow. That is also the reason why there's a similar pattern with the prices of those coins. And if you ask why Bitcoin's price dropped, there's no significant information regarding that. Bitcoin and all cryptocurrency are just volatile in nature. Decrease in price occurs normally.

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Semaj123
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May 29, 2018, 02:33:48 PM
 #70

The whole market is falling, bitcoin is falling, capitalization is falling.
 in General, this pattern is always observed when the price of bitcoin falls and capitalization decreases-this is not surprising!

Right, we already know that things really happen and we should accept that fact because this is how the market behave. What should we do now is to buy coins that has been dropping dramatically and hodl it for a little while until it increased its value.
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May 29, 2018, 02:51:33 PM
 #71

I hate to say this but Altcoins are dropping almost 20% last week because of the Bitcoin. I think the biggest reason why Altcoins price drop is because of Bitcoin.
If we want Altcoins to be stable and slowly rising again, then we need to wait until Bitcoin stabilized.
But with the current market situation, thing will be so hard for Bitcoin to recover.


Bitcoin and altcoins are dropping drastically. The market now is totally blooded. Lets take a advantage to it in buying while the price is low. Because very soon it will slowly pump again and thats the time we will be gaining more. So think positive even the market is no stable.
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May 29, 2018, 02:59:17 PM
 #72

probably because the bitcoin prices are down or there is a FUD out there so many people are selling panic but I hope it will all grow soon, maybe by the end of 2018
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May 29, 2018, 03:03:16 PM
 #73

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern

Because new bitcoins are coming to the market (people minig them you know all the time). So - new bitcoins are coming but new money are not coming. And BTC is going down. After that everything else is going down too. It is that simple Grin
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May 29, 2018, 03:07:35 PM
 #74

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern

The simplest answer is the fall in the price of bitcoin. Bitcoin is decisive on the market. All that remains is to wait for the btc to increase again, and then the altcoins will start to grow again.

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Bessta
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May 29, 2018, 03:42:26 PM
 #75

I think it is just because the whales are currently toying with us and the market itself. Don't worry even the altcoin drops. Most of the altcoins are worthy of long-term hold and whenever the coins are dropping, look for opportunities to have money and buy more coins and you should do a hold again. Altcoins dropping is just a normal happening here.

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MartiniBlanco
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May 29, 2018, 03:49:51 PM
 #76

Not only the altcoins dipped a lot, the whole market dipped a lot... Seems like all altocins are dropping  and pumping together with Bitcoin. But I expect that the whole market will start to pump again.
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May 29, 2018, 04:40:00 PM
 #77

the moment of altcoin dropping is just temporary, no matter how you feel, you just need to be patient, bitcoin bearish or bullish will make altcoin dropping.
only when bitcoin stable, and that was the time altcoin will have its time.
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May 29, 2018, 04:48:51 PM
 #78

Having to survive with this situation, traders should not complain about this situation because this is normal in crypto trading.
and everyone knows that the price of Bitcoin will affect the price of altcoin. As the dollar affects other currencies in the World.

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May 29, 2018, 04:53:35 PM
 #79

Already tired of the constant decline after a short growth. But apparently this trend this year.

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May 29, 2018, 05:02:18 PM
 #80

Because Bitcoin is dropping. All altcoins are following the Bitcoin. The crypto market does not look good.
True every coins movements relies on bitcoins pricd,so if you see bitcoin drastically dropping then expect altcoins to follow the trend,this how this top coins dictate this market and how dominant it was.so what you neeto dl is wait until recovery happens
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