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Author Topic: Are you Bother of the latest Cryptocurrency price drop?  (Read 518 times)
michellee
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August 17, 2019, 04:42:06 AM
 #21

I don't feel afraid if the price still drops or at a low price like now because the market will be changed and will not like this forever. We could still try to search the profit from the altcoin because I am sure that the altcoin will up and down every day, so we have a chance to make a profit again. Besides that, if we could survive in these situations, I think we will get the opportunity to see the next bull run that might happen in this year or next year. So you need to hold your coins until the bull run comes and buy more amount if you still have money.

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shadowdio
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August 17, 2019, 04:45:36 AM
 #22

I don't think the manipulators behind this huge drop. I really don't know what is the cause of huge drop price of cryptocurrencies, maybe it is just a normal, you know cryptos are volatile.
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August 17, 2019, 04:50:21 AM
 #23

The latest CryptoMarketCapitalization drop was surprised us all and most of the altcoins price was also drop deeper, if these trend will continue im afraid that the anticipated Bullrun wont happen in 2019. My million dollar question is whats the cause of these huge drop again in cryptocurrency prices? can these bring any harm to the crypto-market momentum.

no its not surprising at all to me but maybe on you because you arent updated on the price charts for a while  . price movements are not bothering at all but what bothers me the most are still those scam projects ? (e.g bounties and airdrops or even some ieo's )   .  the cause of the drops is i think the recent hacking   , add in the manipulation and some sellers are also selling thier coins . this drop does have an impact but it dont totally harm the crypto environment  .
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August 17, 2019, 04:50:38 AM
 #24

I am not bother at all because I know institution investors are manipulating the price so that people lose hope in cryptocurrency.
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August 17, 2019, 05:18:22 AM
 #25

This volatility is just a market correction. When bitcoin grows so fast it needs to be regulated, the market is well aware of the bubble and its harm.
That's why when Bitcoin increases, traders just want to sell off but don't want to hold anymore.
Anyway, this situation will end soon and the alts season will come.

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August 17, 2019, 06:10:53 AM
 #26

Well this isn't the first time we would be experiencing it, so I don't let me bother me anymore rather I look for possible ways I can make it favour me. I could seize the opportunity to buy coins with potential at a very low value.

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August 17, 2019, 07:35:18 AM
 #27

I do not care about the decline. Because this has often happened. When before the high increase occurred in 2017, crypto prices fell as they are today. So don't worry if there isn't an increase this year. because it's still there next year.

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August 17, 2019, 09:41:53 AM
 #28

The latest CryptoMarketCapitalization drop was surprised us all and most of the altcoins price was also drop deeper, if these trend will continue im afraid that the anticipated Bullrun wont happen in 2019. My million dollar question is whats the cause of these huge drop again in cryptocurrency prices? can these bring any harm to the crypto-market momentum.
You should not be afraid of the current drop in the price of bitcoin, ethereum and other cryptocurrencies. Bitcoin has grown very well in price between April and June of this year. However, it cannot grow in price constantly. Moreover, now there is a period of traditional decline in activity on all districts. I think that the current fall in the price of cryptocurrency will have a good effect on the next market growth in the fourth quarter. So this period of price reduction is best used for procurement. Especially you need to buy ethereum now, the price of which again fell very much.
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August 18, 2019, 10:46:00 PM
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 #29

I believe the current trend where bitcoin is dominating and most altcoins are just dropping in value is not a good sign for the entire cryptocurrency ecosystem. Surprisingly, some people always claim we are in a bull run whenever the price of bitcoin goes up without considering  the depreciating value of most of the altcoins including popular ones like Ethereum.

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August 18, 2019, 10:49:52 PM
 #30

I started with Cryptos pretty much at the start of the 2014 bear market so right now nothing really suprises me anymore. Back then I never assumed BTC would break $1000 let alone go under $200 briefly.

The 2018 bear market was also a nasty bear market that didn't surprise me really that we managed to go from $20K all the way down to $3K. I honestly was expecting it to go much lower.

The peak in late June 2019 at $13.8K is nothing. We had a small dip and this isn't a bear market. Its summer and there are less and less people trading. Once the volume comes back in Sept/Oct we will see where the markets are headed.
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August 18, 2019, 10:50:26 PM
 #31

The latest CryptoMarketCapitalization drop was surprised us all and most of the altcoins price was also drop deeper, if these trend will continue im afraid that the anticipated Bullrun wont happen in 2019. My million dollar question is whats the cause of these huge drop again in cryptocurrency prices? can these bring any harm to the crypto-market momentum.

I'm not excited and concern about the next all-time high this year, I'm ok seeing Bitcoin reach to at least $15k this year, it's still a good year-ender for all of us, I hate to see a repeat of what happened in 2018 when it continuously drop, let's just be happy that we are now past the 5 digit mark again

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August 18, 2019, 10:53:23 PM
 #32

I'm sorry, but there is so much about your post that shows you have little understanding of the market or crypto.
Anticipated bull run?
What are you even talking about?
BTC was $3500 at the beginning of the year and is now at $10300.
That is absolutely insane growth.
We are right in the middle of a bullish year and you are still waiting for something to happen?

Also, recent price drops follow market trends normally.
In a supply and demand market, there will always be price corrections.
If I were you, I would seriously stop waiting and worrying and start to participate and take advantage of all of the money that can be made.

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August 18, 2019, 11:00:25 PM
 #33

the market is in a bad state. This situation can be manipulated by whales who want a lower BTC price with a higher BTC dominance. As a small player I can only wait until things get better and choose not to trade altcoin and only focus on bitcoin and FIAT or stable coin.
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August 18, 2019, 11:11:57 PM
 #34

Crypto trading I think is very difficult to predict. A very sharp price drop can occur at any time. Of course, we must always be active to observe the crypto market movements. As a trader maybe this is a perfect time if buying some Altcoin and Bitcoin. I personally that Bitcoin can still be back pumping.

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August 18, 2019, 11:59:33 PM
 #35

Bothering doesn't work, only hard work can beat the bad days in the market. Crypto market is in the correction mode. The corrections are normal in all financial markets, I am not surprised to see a series of the downtrend channels on the top altcoin charts. Altcoins lost the value following the BTC and ETH, the market is connected deeply with tight specialities. Crypto prices are subject to the seasonal price change which don't be accepted by the amateur market traders. Every action on the market has the consequences, wise traders already bought another bag of cheap,small market cap coins. After the current market cycle, a new cycle will bring a fresh outlook on the altcoins in my judgment.
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August 19, 2019, 04:26:08 AM
 #36

What's new? We have experienced this before, right? Having a longest bear market last year, bitcoin and most altcoins dropped heavily for so many months but we stil managed to wait. So, why bother now? If we can still patiently hold longer, there is nothing to worry about. Crypto market's concept is volatility, so expect some red days like these. Recovering days will also arrive soon. Be optimistic that altcoins will gonna pump.
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August 19, 2019, 04:34:14 AM
 #37

yes, of course, I do I am much more confident the cryptocurrency will be back to its olden days around two years back where it was.

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August 19, 2019, 10:19:14 AM
 #38

Not at all, because I know that market runs in cycles. If there is a price drop at the moment, it is a perfect opportunity to fill your bags with tokens for a cheap price. Buy now, and wait patiently for the market to recover its price.

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August 19, 2019, 10:34:30 AM
 #39

No I'm not bothered because it is normal. All we know that crypto price is always fast moving. There are times that it will fall too much and time will also come that it will rise again. We don't have to bother when crypto price will drop. On the other hand make it an advantage to buy and stock your crypto that you can use in trading or you can sell when the price will already rise again.
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August 19, 2019, 10:49:26 AM
 #40

The latest CryptoMarketCapitalization drop was surprised us all and most of the altcoins price was also drop deeper, if these trend will continue im afraid that the anticipated Bullrun wont happen in 2019. My million dollar question is whats the cause of these huge drop again in cryptocurrency prices? can these bring any harm to the crypto-market momentum.

People should not be bothered at all, Bitcoin at $10,700 we are in a better position than we are 8 months ago at $3700 that's a big leap if you are a buying big time at that level, but if you are just buying right now you have the right to be bothered, these apply to all altcoins I'm just giving example on Bitcoin's performance in the last 8 months.

Because Bitcoin's performance also reflects how the altcoins perform in the market.


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