Cryptocurrency market dropped - page 26.

Freezingel

sr. member

Activity: 574

Merit: 251

Quote from: cryptomonotize on May 24, 2018, 10:36:12 AM

According to ccn news it stated that the cryptocurrency market has dropped by more than $42 billion in the last three days, from $412 billion to $370 billion. The daily trading volume of the market also declined by around $3 billion, from $22 billion to $19 billion.
what do you think about it.

Marketcap doesn't actually represent the number of money in crypto as it is inflated because of coins with high total supply so i don't mind it that much, on the other hand the marketcap dropped because the price support broke so of course it will go down to the next support, crypto is still easy to manipulate so things like this doesn't make me scared anymore.

spastikss

full member

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There is a good opportunity for investing right now. We have to evaluate it, but first we need to find the money

maurobiasolo

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http://scientificcoin.com/

It's a relatively small market so very easy to be manipulated by largest players: they can easily pump and dump making money both ways. In addition, the lack of regulations makes things even worse

Coingram

newbie

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Its just a regular change I hope, nothing to be scared of... Its a market, it goes down and up, who knows how to use it, make profit easily... And we dont know whats going to happen tomorrow

Drogean

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"The future of advertisement intelligence"

It seems that the capitalization fell by another 40 billions. But at the moment it doesn't bother me much, in general, the news on the cryptocurrency and blockchain market is positive, so now for me it looks like a correction. Well, more precisely will be seen in a couple of weeks.

Bitfling

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Quote from: cryptomonotize on May 24, 2018, 10:36:12 AM

According to ccn news it stated that the cryptocurrency market has dropped by more than $42 billion in the last three days, from $412 billion to $370 billion. The daily trading volume of the market also declined by around $3 billion, from $22 billion to $19 billion.
what do you think about it.

Its really sad to see market drop like what happen now. After start recovery on early may, market down in the middle may. Hopely next month market will recover again and can reach 500billions dollar again

darmin

member

Activity: 532

Merit: 10

Perhaps many who seek secure by choosing to go than suffer losses. But despite so many still, survive and have high hopes in the crypto. price drops are certainly not becoming a problem for the experienced because of course choose a long term investment is safer and could avoid the fall of prices like this.

Matthewmorris4

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Quote from: cryptomonotize on May 24, 2018, 10:36:12 AM

According to ccn news it stated that the cryptocurrency market has dropped by more than $42 billion in the last three days, from $412 billion to $370 billion. The daily trading volume of the market also declined by around $3 billion, from $22 billion to $19 billion.
what do you think about it.

I think you need to look at the cryptocurrency chart between 2015-2017 and see how's its going, this dropping market is eventually, and the good news is this is only happen for a moment, soon you will see the cryptocurrency price will rise again

dhiraj0977

jr. member

Activity: 518

Merit: 1

Yes, I really concerned about this time when everybody is speculating bull run come shortly, many experts, crypto channels expecting, but nothing happening, all our investment going down, but still hopes, bull run will come shortly...

cizatext

member

Activity: 952

Merit: 41

Yeah the crypto market have really declined in this recent days, but also think of the decline we witness in the early days of this year where the crypto market dropped for as low as $27billion within two days but was able to rise again after that bull run. The market is always volatile and at that any thing can happen at any given time that is why it is divisible to hold you coins during market fall like this.

Black_fox

jr. member

Activity: 107

Merit: 1

We must wait and do not panic. Everything is stabilizing. The main thing before this time is nothing to sell.

nemey

member

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Catena X

It is normal to see the dropped and raised price every day in the market, isn't it? Green and red are like as usual to see on the market. For some people, they may feel so guilty and stressful of the price rate. However, for the day-trader and holders, it is usual. We can be smarter to face this condition. the market is still fluctuating. That is why we need certain touch for the holding or trading. Now the price is dropping again because of some factors regarding.

StevenPop

newbie

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Prices will always change. Volatility is a part of cryptocurrencies which means that the prices will never stay in a single position for a long time. There will be price hikes and recoveries, there will also be price dips and crashes, as long as you do not see your coins during the crash then you do not have a problem with it.

gerbas

sr. member

Activity: 581

Merit: 250

I think it's normal to have the price of cryptocurrency dropping at some period. Later the price will be going back up again, and it will stay at a stable price again.

castiloros

sr. member

Activity: 770

Merit: 250

It is still in the stage. early last year became worse things than it is today. Maybe when this happens only because a small correction only and makes a lot of people panicked because of the fear of terror fell like some time ago. but at least even though volume is down, some crypto has been rising despite only produce small changes.

Kapee

jr. member

Activity: 182

Merit: 1

Not long ago, there was a broadcast of information that the crypto currency market has dropped dramastically. To me, it is superb and good being aware of the fall in the crypto currency market. When we consider this drop I the market, many investors have gotten the opportunity to buy some coins of their choice and hold waiting for a rise in the market so that they can sell them. For investors, a drop in the market slightly merits them than demeriting them.

Emma Alex

newbie

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the cryptocurrency market is always fluctuating. The prices of the coins are always unstable here. At present, the prices are dropping. But I believe by 3-4 weeks , the prices will start rising again.

take_off

full member

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Quote from: bananadines on May 24, 2018, 02:33:40 PM

The market is dropping a lot in the last couple of days, but don't worry guys. We will go up sooner or later because the bears are so euphoric right now... It is always a good sign if everyone is bearish Cheesy

It will be but not soon my friend, early this year, excess buy helped btc exceed 20,000. This time for excess sell, the first is side way and dump dump. Then repeat buy, side way and sell

Cryptobosslady

newbie

Activity: 120

Merit: 0

Yes Cryptocurrency is really in a down thread now , the market capitalization has reduce ,so much bloodbath in the market.

Wuddly

member

Activity: 215

Merit: 10

Negative dynamics is also shown by smaller crypto-currencies, having fallen by an average of 5-10 percent, after a brisk April, May became an absolute catastrophe for crypto-currency investors when the decline was determined by double-digit numbers.

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