Smitt
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May 28, 2018, 09:08:50 PM |
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I think the price drop is due to eth and bitcoin down, this is what causes altcoin prices to decline and we can see this month mid-quarter where a lot of coin holders sell it for their needs. It may be that the price will be stable in August, as this declining price will be the price consideration cycle so that future prices will stabilize again. Better if you want to buy it when this is the right one for your investment.
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robelneo
Legendary
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Activity: 3290
Merit: 1209
#SWGT available on MEXC, Bitget, Lbank, Bitmart
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May 28, 2018, 09:08:59 PM |
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I'm not looking at the chart much being a long term holders but ethereum and bitcoin I believe are the two coins that quickly recover and this two coins has a huge impact in the market also, I'm not looking at my coin there are so many of it but not that much if they are recovering or not but I have a set sell order on them since I deposit a portion of my coin on various exchange.
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therhslv
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May 28, 2018, 09:12:17 PM |
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Ehe course of all the Altcoins falls. What happens to the market? How long will we see a fall in the exchange rate? Which coins will recover faster?
Yes thats what happens when you see crypto go from 100 billion to 500 billion in 2 months . After swing like that there is always correction , but for how long nobody knows . Last year was the same and everything was green around start of july . Usually first recover BTC and ETH and after that alts start to follow . Im not sure if this year gonna bring same swings , but hopefully it will do Anyway im not worried , because im holding for longterm
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rayk
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May 28, 2018, 09:18:10 PM |
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This market cause my anxiety to increase a lot, bitcoin play with people those who say $30.000, $40.000 and below $5000. No one can predict, everyone suffers from the market.
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actuallytwolamas
Member
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Activity: 69
Merit: 20
Lama
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May 28, 2018, 09:19:37 PM |
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Actually I think that we'll see BTC fall to 4-5k, and only after that we'll see again true green lights in markets.
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13ex07
Member
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Activity: 322
Merit: 11
Thank you for +Merit
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May 28, 2018, 09:19:46 PM |
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This is the nature of the market. Is it worth it to be surprised?
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chadtn
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May 28, 2018, 09:20:46 PM |
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Do not panic. The market is always on the move. He did not fall so much to worry
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13ex07
Member
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Activity: 322
Merit: 11
Thank you for +Merit
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May 28, 2018, 09:22:10 PM |
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Actually I think that we'll see BTC fall to 4-5k, and only after that we'll see again true green lights in markets.
Now it looks obvious to most. Therefore, it is unlikely that this will happen.
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Hct2005
Newbie
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Activity: 108
Merit: 0
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May 28, 2018, 09:22:36 PM |
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Ehe course of all the Altcoins falls. What happens to the market? How long will we see a fall in the exchange rate? Which coins will recover faster?
That is what we call volatility. It is part of the cycle here in crypto.
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EleGiggle
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May 28, 2018, 09:25:17 PM |
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Yeah now it's not the best time in our crypto life, all we can do now is buy more if you can, get patience and wait
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nelson4lov
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May 28, 2018, 09:27:32 PM |
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2018 hasn't really been the year of Cryptocurrencies as initially perceived. It has turned out to be a really bad one. Since the beginning of the year, It's been one bear market after the other with little green days in between.. Talking about recovery, It'll take a while. More investors need to enter the space and new money should come in. Until then, The market will just keep getting worse. Also altcoin prices are tied to BTC so Bitcoin has to do well first.
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actuallytwolamas
Member
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Activity: 69
Merit: 20
Lama
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May 28, 2018, 09:30:54 PM |
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Actually I think that we'll see BTC fall to 4-5k, and only after that we'll see again true green lights in markets.
Now it looks obvious to most. Therefore, it is unlikely that this will happen. So you think, that 6-7k is new bottom line for BTC price?
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alttry2019
Member
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Activity: 106
Merit: 10
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May 28, 2018, 09:31:37 PM |
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This is quite normal. up and down
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costgranda
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May 28, 2018, 09:41:09 PM |
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Ehe course of all the Altcoins falls. What happens to the market? How long will we see a fall in the exchange rate? Which coins will recover faster?
Nobody will tell precisely why the market falls. The main thing in such situation not to panic! The market surely will begin to grow in the nearest future. I heard that today's falling of ETH is connected with EOS. It was reported by some media. The fact that EOS has a huge stock of ETH, thus they can influence its price selling stocks.
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umrohyuk
Newbie
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May 28, 2018, 09:43:43 PM |
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bitcoin might recover fast since it is the King of cryptocurrency. we have to know the formula of cryptocurrency: it is bitcoin up, altcoin little up, bitcoin down, altcoin is down and more. bitcoin is the center of the cryptocurrency. it is like a standard when altcoin up and down.
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fathur01
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May 28, 2018, 09:45:31 PM |
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What is happening now is a temporary phenomenon. I think that just a week later the price of altcoins will rise again. The first is likely to go up Ethereum.
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SavageBrother
Jr. Member
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dApps Development Automation Platform
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May 28, 2018, 09:46:18 PM |
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It is unstable at the moment. Bitcoin seems to go down a little bit and it is taking alt coins with it because of the uncertainty. We will be good in the long run.
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BettingTips
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Activity: 238
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OPEN GAMING PLATFORM
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May 28, 2018, 09:48:15 PM |
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There are many causes for the slump in the market rate of cryptos, from negative news to government bans, and whenever the exchange rate rises, the market attracts a large number of new investors, and after the loss, they will simultaneously sell all the cryptos causing the phenomenon of reduction in exchange rates.
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dianikusuma
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May 28, 2018, 09:49:18 PM |
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There is no reason for sure about this and when would also have no certainty. a clear stand and wait only increases when it will happen. sell also the loss, of course, so is safe if it can hold. the coins recovered most quickly are also not there will be a year where and when.
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1e100
Newbie
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May 28, 2018, 10:13:10 PM |
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Today it falls but tomorrow it will raise. Everything changes.
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