Reason why crypto currency prices continues to dip

travwill

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Quote from: entebah on February 20, 2019, 06:25:45 PM

In my opinion, Crypto is a very profitable long-term investment, so if prices go down now, it's good to buy lots of other Bitcoins and Altcoins for Investment, because Crypto won't be at a cheap price continuously, it will definitely rise very soon.

One thing is certain to say about cryptocurrency - it has continued to grow since its inception. Therefore, all these local recessions do not matter if you can wait.

Goodvalony

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nice option but i don't think such decision decides the market movement. we all use to think that whales play a major impart on how crypto prices moves but you never get any response especially when the crypto goes against them. they loose billion. Nobody wants to loose. everyone is trying to play in the safer side.

Quintrix

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Quote from: cytpoway121 on December 07, 2018, 11:39:45 AM

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.

I'm surprised at your analysis some of your points are correct, whales are watching and they want to buy at the lowest price for short term profit, it's unfortunate that we are just a small fish and all our order have no effect in the market, only the whales can make the price to go up and down.

merbabu

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we can not predictions for price up or down, but i think we must a have a mix combination mindset from trading and long term investment. trading for take a oppotunities if market on a good position, long term investment for a make a profit on the future.

bitcoiner.psn

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My prediction is : the dip of prices will continue till , all those who are able not to continue on this market , lose your asset . and all the whales lunch their skyrocket !

CoinsOrDie

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Quote from: BigBrother on February 20, 2019, 07:05:30 PM

You are right, more than a year we see a drop in the market and therefore people do not miss any opportunity to earn. As we can see, the market has already started to show good results, so I think that the growth is close.

I think the same way, the market is about to end the collapse and we will soon see the market rise like 2017. Maybe it will happen by the end of 2019

Matimtim

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in my opinion, maybe there are many big investors who hold a big amount of cryptos that is why they can able to control the price of cryptos and maybe thats the reason why the price is still not good.

BigBrother

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You are right, more than a year we see a drop in the market and therefore people do not miss any opportunity to earn. As we can see, the market has already started to show good results, so I think that the growth is close.

publicjud

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I think the answer is obvious - there is an interest of huge whales, which want to buy as much crypto as possible. So many big players like banks, custody solutions, hedge funds and many-many others are sprouting like mushrooms after the rain. And all they're interested in low prices. I suppose the preparation isn't over yet so the market will fall once again.

cryptomaster420

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Quote from: Klausi on February 20, 2019, 06:18:26 PM

Typically the common reason that has got into my mind now was still the panic of holders, due to long bearish market. Some cannot handle stress because of frustrations, so they happen to give up with crypto. Fear of losing more funds made them decide to dump their holdings and yet price also have a continuous dip.

There's also the rational part: "people will start losing patience, so they'll panic sell - I'd better sell before them".
At one point emotions stop mattering because rational people will try to beat emotional traders to their game.
It's a vicious circle.

passwordnow

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Quote from: Klausi on February 20, 2019, 06:18:26 PM

Typically the common reason that has got into my mind now was still the panic of holders, due to long bearish market.

Panic sellers? combining the number of most of them can create a small impact for the price to go lower. But the main reason is this bear that's on the market. It has to hibernate somewhere soon so we can see the bulls afterwards.

Quote from: Klausi on February 20, 2019, 06:18:26 PM

Some cannot handle stress because of frustrations, so they happen to give up with crypto. Fear of losing more funds made them decide to dump their holdings and yet price also have a continuous dip.

If these people are whales, they know what they are doing. They are dumping at the right time because they can see that accumulation time is still on the go. They short and cut loss before it goes deeper but things are coming differently now.

entebah

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In my opinion, Crypto is a very profitable long-term investment, so if prices go down now, it's good to buy lots of other Bitcoins and Altcoins for Investment, because Crypto won't be at a cheap price continuously, it will definitely rise very soon.

Klausi

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Typically the common reason that has got into my mind now was still the panic of holders, due to long bearish market. Some cannot handle stress because of frustrations, so they happen to give up with crypto. Fear of losing more funds made them decide to dump their holdings and yet price also have a continuous dip.

Zythiphill

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Quote from: cytpoway121 on December 07, 2018, 11:39:45 AM

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.

All this fall is associated with bitcoin, and it is not particularly restored and this whole market falls, of course bitcoin is very much dominated by the market and I believe everything is connected with it!

Mikell556

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All that you have called has a grain of truth, but there are not many such people. Cryptocurrency prices are falling primarily due to the lack of legislative control over the cryptocurrency market, which allows owners of large sums of money to manipulate cryptocurrency prices in collusion with each other.
And this will continue until regulation of the crypto market is introduced.

vasilev456

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I do not think that people will cash out their cryptocurrencies even in spite of the holiday, and even if they do, then most likely this is a very small percentage of people!

budakjawa

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Quote from: Olayinka225 on February 20, 2019, 05:46:41 AM

It's just as simple as stock market.
Supply and demand.
When the supply is very much than the demand, definitely if it continues, hen the price will continue to did more and more.

the number of requests on the market can affect the value of the Crypto currency, because the market changes at any time, so the value of coins often goes up and down.
sometimes there are also those who say the value of Bitcoin will affect other coins, and maybe that can happen, if the value of Bitcoin drops, other coins go down.
and there may be many more that cause the Crypto currency to rise and fall.

marjil

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Quote from: Prompyboo on December 07, 2018, 12:16:16 PM

There are not too many people who now sell cryptocurrency to live and buy their products. they are not enough to bring down the market. it's just a manipulation

I think also that there is some manipulation in the crypto markets. There are wales who hold large amounts of crypto and they are able to use just a small part of this to influence the prices.

Olayinka225

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It's just as simple as stock market.
Supply and demand.
When the supply is very much than the demand, definitely if it continues, hen the price will continue to did more and more.

labenea

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the price of altcoin can be caused because the negative news about crypto ,and another factor that I think has obvious effects such as the demand and supply of the coin. but don't worry because this is common in the market, as long as the market is still moving there is still a chance to get back up.

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