Reason why crypto currency prices continues to dip

[dulinivanrus]

Someone ask me, why is the crypto price continue to dip?

My answer is simple, most crypto enthusiasts are low income earners. They all need money during this period to do shopping and buy stuffs
So, the preaching of hodl does not have impact on them. They need cash at this period. So dip must continue until February...

Those that have the strength and confidence to buy more at this point too are middle income earner, they don't have enough to pump the price.

Meanwhile those that have enough to pump the price are still watching on when to buy, they have the money and they are willing to buy at the lowest price...
So, crypto will continue to dip at least till after New Year celebration.
So, don't panic, the price will continue to dip...

My opinion though.

A couple of days ago, the market was a strong push up perhaps this is the end of the correction may not. I think that you just need to keep coins and buy them. I think time will put everything in place and only strong-minded people will be able to really get rich in the cryptocurrency market.

[OluwaTosin10]

The bearish market did extend itself to February, but I have learnt to preserve my portfolio
Netkoin and hydrogen projects are progressing well

Litecoin bitcoin and etherum also had good development over that time
Continuous development gives us a chance at a later bull

[Script]

Cryptocurrency, like ordinary money, depends on the situation in the world. Everyone knows that the world is now far from stability. In this regard, altcoins continue to lose value. Finding the moment of absolute bottom is extremely difficult. Therefore, I do not advise you now to invest the last money in digital coins. But if you have digital capital, just be patient, because all processes are cyclical. After the fall will be growth.

[dizzy1996]

There are quite a lot of reasons, the cryptocurrency market is a new sector of the financial market which is under pressure from all sides, if other sectors of the market are already adapted to various influencing factors, then this market is not, also among the reasons for the decline is that people want to control this area but they do not have enough opportunities for it and, accordingly, they are trying to destroy it and take control, and in fact there are a number of reasons that affect this recession.

[DanWalker]

Someone ask me, why is the crypto price continue to dip?

My answer is simple, most crypto enthusiasts are low income earners. They all need money during this period to do shopping and buy stuffs
So, the preaching of hodl does not have impact on them. They need cash at this period. So dip must continue until February...

Those that have the strength and confidence to buy more at this point too are middle income earner, they don't have enough to pump the price.

Meanwhile those that have enough to pump the price are still watching on when to buy, they have the money and they are willing to buy at the lowest price...
So, crypto will continue to dip at least till after New Year celebration.
So, don't panic, the price will continue to dip...

My opinion though.

The dip can continue much more than until February. There is a huge room to fall and nobody knows for sure when does it over. Bakkt will not be released neither in Feb nor in Mar, so it wouldn't be that insane to buy btc around 2000$ in 2019.

[bitcoin31]

Ofcourse they sell smost of they coins so we experienced the market dip. But now it's become better and stable value but we need to rise more the value because we are far from the value when the highest price reach and we need more than 70 percent to increase for this year.

[ilcapitano]

Cryptocurrency, like ordinary money, depends on the situation in the world. Everyone knows that the world is now far from stability. In this regard, altcoins continue to lose value. Finding the moment of absolute bottom is extremely difficult. Therefore, I do not advise you now to invest the last money in digital coins. But if you have digital capital, just be patient, because all processes are cyclical. After the fall will be growth.

yep, economic situation of world is very important. If it is being difficult and instability, no one wants to invest in new financial market like as crypto

[SuneEmber]

Honestly, many cryptocurrencies dip in value because they have no utility. There's no "need" for them to exist.
In many cases, cryptocurrencies add more of a hindrance than they add value to a product.

The good news is that we're starting to see more and more projects in the works that actually have utility, and that have a legitimate reason to use a token or cryptocurrency.

[Mr.Noda]

I would not say that they are falling at the moment now we are in a horizontal movement. Even more likely to continue climbing.

[Bitknick]

First of all, prices are falling due to a decrease in capitalization, and this decrease is most likely due to indignation in the cryptocurrency market!

[defoman]

I agree with your opinion, in my opinion, investors who have a lot of money at their disposal are still waiting for a more favorable rate to enter the market. Most crypto enthusiasts, whose income can be called average or even low, have long succumbed to panic and sold their coins. When you see that the price is constantly moving down, you can hardly believe that it can return to the indicators of 2017.

[trauchot]

Simply, investors have become much smarter and do not want to invest in a dead market, when the market will start to recover, then it will be possible to start making investments in a fast manner, and now can only invest at your own risk and completely blindy.

[dhiraj0977]

It looks like silent manipulation is going right now. I agree with most thinkings that manipulators trying to push more or dip the prices down more, so they can reach the least dip, so that they can buy enough, then they can start again pump the price when almost everybody lost hope in pump of price.

[awawo]

You are very correct most of the cryptocurrency lovers are low income earners and at that they always need cash to take care of their personal need's, and the big players those with the money to buy are either waiting for the price to get lower in other to buy at a low price to make profits. So the price will continue to decline until the level of demands get higher.

[Ronaldcoin2017]

There are so many factors that affect the crypto currency but most of the factors is really comes from the bad issue from the bitcoin community, crypto community is really becoming more  worst this time due to the continues growth of the number of scammer on the feild. So many people around are now slowly losing thier trust in crypto it can also affect the crypto price.

[dedi joni]

Simply, investors have become much smarter and do not want to invest in a dead market, when the market will start to recover, then it will be possible to start making investments in a fast manner, and now can only invest at your own risk and completely blindy.

maybe now what still revives the market is the traders. they are still carrying out buying and selling of crypto assets, so the market is still moving. indeed now large investors are smarter because they see a slow market, surely they will hold back their investment.

[manismanja]

There are so many factors that affect the crypto currency but most of the factors is really comes from the bad issue from the bitcoin community, crypto community is really becoming more  worst this time due to the continues growth of the number of scammer on the feild. So many people around are now slowly losing thier trust in crypto it can also affect the crypto price.

maybe that's one thing that can affect the value of the Crypto currency that has dropped. there are many other factors that can cause price fluctuations and possibly the number of requests that often change so prices can rise and fall quickly. with these factors so we cannot predict correctly, because movements often change at any time.

[Aiberg]

Additionally, into thing people do not notice is that more and more people Are leaving the crypto sphere because of the bear market and more are not joining, this means that they are removing the funds they already have in the market and this also contributes in it's reduction.

[malekbaba]

We saw ATH in 2017. We saw major correction in 2018 and till date we are in correction. But if you consider btc yearly btc price you will see that bitcoin price is still quite high. From few hundreds, btc reaches into 3k to 4k margin. If btc goes under 1500 USD, even then I will consider that as a progress. Crypto is really quite strong now, getting stronger. Crypto is not gettibg rich quick scheme

[Ostonian]

If the fall or correction continues, neither investors nor traders will remain on the market. Already, many are outraged by what is happening in the market, since the manipulations are traced throughout and common sense began to leave this area. Therefore, the arrival of strict control and regulation is needed so that investors will no longer be afraid to invest in the crypto.