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Author Topic: Why Crypto go down ?  (Read 24889 times)
minhchien9abandat (OP)
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July 10, 2018, 08:32:03 AM
 #1

Do you trust on Crypto?
In the last year,  Crypto has highlight time - Student also knew Crypto, waitress also became investor.....
However, It has went down since February. At the that time,I had a funny ideal I think that all of chinese investor withdrew money for Lunar New Year holiday.
PeterTom
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July 10, 2018, 08:36:43 AM
 #2

Do you trust on Crypto?
In the last year,  Crypto has highlight time - Student also knew Crypto, waitress also became investor.....
However, It has went down since February. At the that time,I had a funny ideal I think that all of chinese investor withdrew money for Lunar New Year holiday.
That's just because even students started investing in this market everything is falling. It is necessary to clear the market from people who wanted to get rich quick and bought Bitcoin above $ 10,000. When they all sell at a loss then the growth begins
pekavcilar01
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July 10, 2018, 08:45:54 AM
 #3

When the crypto enters the market season of money in the world of money, prices start to fall. The market is always on the red band for about 3-4 months. There are too many coins, it's really hard to follow. Be careful.
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July 10, 2018, 08:49:30 AM
 #4

why didn't you ask this same question last year? "why crypto go up".

most of last year we were witnessing altcoin pumps where they went up by manipulation and fake pumps. this is not something you can to until the end of the world. at some point you need to stop, and start the dumping phase.

this is the dumping phase of last year.

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karungbitcoin
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July 10, 2018, 08:54:06 AM
 #5

Currently crypto going down because Bancor exchange was hacked, in crypto market bullish and bearish is always changing. I think crypto market now just started to going up and bullish trend again. We should be extra patient wait for this trend, and if you sell all your crypto now you will miss that moment, this is been happen with me last year, i sold all my BTC because i think the price will hard to going up again and finally the price monshoot and i been miss 20 times profit.

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murtadhogaul
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July 10, 2018, 08:56:23 AM
 #6

I strongly believe in crypto. in crypto a lot that causes price down and crash. in essence that causes it all to be a lot of sales rather than purchases. many sales one of them due to bad news, but the news may not necessarily the truth, investors have first panic and sell the coin they have.
Jericka D Ranillo
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July 10, 2018, 08:57:03 AM
 #7

Another topic like this,  why dont be open minded for evrything. Crypto is a currency like real fiat money which sometime less value and sometime high when exchange to other currency. Crypto can just only price tend to increasing. Market down is a normal market and nothing to be worry about that

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July 10, 2018, 08:58:02 AM
 #8

The situation on the market is very interesting, it is clear that some forces are squeezing figures that are convenient for large market players. I think it's worth waiting for the moment when people stop selling cheaply, and then there will be a change in the trend.

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July 10, 2018, 09:27:04 AM
 #9

Do you trust on Crypto?
In the last year,  Crypto has highlight time - Student also knew Crypto, waitress also became investor.....
However, It has went down since February. At the that time,I had a funny ideal I think that all of chinese investor withdrew money for Lunar New Year holiday.
Who believe the crypto they only trust the crypto investment because Crypto currency is gradually raise and fall in this moment but surely it will reach 20k USD in end of the year. This price fluctuation is every year happened in first half of the year but this year really unpredictable so this will gradually on next month.

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July 10, 2018, 09:31:56 AM
 #10

It is the year of the dump. That's why crypto is falling. Last year was the year of the pump.
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July 10, 2018, 11:40:59 AM
 #11

why didn't you ask this same question last year? "why crypto go up".

most of last year we were witnessing altcoin pumps where they went up by manipulation and fake pumps. this is not something you can to until the end of the world. at some point you need to stop, and start the dumping phase.

this is the dumping phase of last year.
I was thinking about this same thing too but I guess I was too nice to say it. I scrolled down a bit and saw your comment. When the prices went up last year and people were making a lot of money, no one was asking about why the price was going high or if bitcoin is dead or some other stupid questions. Now the market is back down again and they all want to act as if they are some kind of genius predicting the dead of the coins. It's aggravating to say the least.

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July 10, 2018, 11:59:22 AM
 #12

Do you trust on Crypto?
Yes, in general I do but since there are scam coins, I'm putting myself away from those.

In the last year,  Crypto has highlight time - Student also knew Crypto, waitress also became investor.....
Everyone can invest to crypto so expect that every job title can have it.

However, It has went down since February. At the that time,I had a funny ideal I think that all of chinese investor withdrew money for Lunar New Year holiday.
Until today? that February was reliable but today we're still in cross increase and decrease move.

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July 10, 2018, 12:44:29 PM
 #13

I'm okay with the way the market going. This will help chase those ho have no/little knowledge about crypto (those who just want to get rich quick). Crypto will surely survive this and regain its stand.
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July 10, 2018, 12:46:00 PM
 #14

Do you trust on Crypto?
In the last year,  Crypto has highlight time - Student also knew Crypto, waitress also became investor.....
However, It has went down since February. At the that time,I had a funny ideal I think that all of chinese investor withdrew money for Lunar New Year holiday.
Simply, it is a market and when there are no buyers for the current price, price goes down until there are buyers to buy something for the price Wink.
So i means that people are not interested in buying cryptocurrencies currently.
TheBiochemist
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July 10, 2018, 12:50:59 PM
 #15

Do you trust on Crypto?
In the last year,  Crypto has highlight time - Student also knew Crypto, waitress also became investor.....
However, It has went down since February. At the that time,I had a funny ideal I think that all of chinese investor withdrew money for Lunar New Year holiday.

Yeah there is many weak investors that are to dependent on the money and way to little solid institutional money. When more ETFs and such actually starts holding crypto, not futures etc we will have money in the market that is there for long term. As some said, everyone that bought over 10,000 and needs the cash is looking for a way out, all short term investors is being purged and then we can move up!

Many assets have crushed the market, you gotta invest in the right ones! KCS 100% up in this shit market, GoChain multiplied a few times Smiley Bitcoin has been a really weak investment the last 6 months and might stay that way for a long time!

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July 10, 2018, 12:59:25 PM
 #16

I think there is multiple factors that cause the fluctuations in the cryptocurrency price. A lot of things go into this issue. The following features have proven to be a major driven factors in cryptocurrency price, but not limited to these.
Perceptions on its value by the public.
Energy put in in the form of electricity to secure the blockchain and it mining.
Limited Supply and supply/demand.
Blockchain difficulty level.
The utility of the currency, and how easy it is to use and store.
Media.
Price of Bitcoin.
Investors confidence in the currency.
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July 10, 2018, 01:32:43 PM
 #17

The reason is simple, there is no "new money", and as a result nothing to grow, a signal for growth will be the buildup of daily volumes. I willn't buy until I see the signal.

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July 10, 2018, 01:41:23 PM
 #18

Logically it is natural that crypto goes down, there are times when the crypto rises with a high price, there are times when crypto has a low price, all follow the market flow and also the graphics that can be read. Do not ask why crypto is down, this should be well studied, look at and study the charts every year then you will know the answer.

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July 10, 2018, 01:43:52 PM
 #19

Personally, I think that cryptocurrencies will start to grow in the near future. I think that most likely it will happen at the end of July or at the beginning of August. There are many reasons why the cryptocurrency market has been going down now, but recently the cryptocurrency market has started to gradually stabilize, so we are waiting for the bullish market.

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July 10, 2018, 01:48:18 PM
 #20

If you have seen last 2 years  growth then you will realize that market has  grown up to much and that's how market works after this growth there is little correction on market to go up again.
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