Topic: Reason why crypto currency prices continues to dip - page 5. (Read 18443 times)
Manipulation is at play here ,at first I thought it was all about correction so I said it is the longest correction in history of bitcoin but after seeing the step bakkt took I became to understand that they are waiting for the perfect time to actually get approval ,they did that intensionally
I think we are all waiting for a sign - perhaps a regulation - to unblock the market, after which a bullish phase will explode, which will be seen even by Mars!
It falls, because there are no strong hands, ready to pour their funds, and the weak ones on this background remove the small ones that they have!
Or because people are just tired from this bear trend and have lost interest. The hype would likely return though once the pace starts to pick up for whatever reason. The bull run last 2017 didn't have any specific positive news,, people just jumped into fomo.
The dip is still occurring because cryptocurrencies doesn't have enough support from crypto community. There are also price corrections that is still happening but I am sure that the market will go back to normal like before. It will take time so we should wait it.
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
There are many reasons for the market to fall like now. In it, I think the most influential reason is that everyone has huge profits in this market and escaped from the market since the beginning of 2018 and it makes panicked newbie continue to dump and accept losses
It falls, because there are no strong hands, ready to pour their funds, and the weak ones on this background remove the small ones that they have!
Or because people are just tired from this bear trend and have lost interest. The hype would likely return though once the pace starts to pick up for whatever reason. The bull run last 2017 didn't have any specific positive news,, people just jumped into fomo.
It falls, because there are no strong hands, ready to pour their funds, and the weak ones on this background remove the small ones that they have!
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.
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.
Maybe that's one reason, but for me, I think it's more of how most people in the market strategize with their investing. More people choose to hold onto their coins like some Gollum held the ring in the Lord of the Rings short of screaming "My precious" every time. I mean, that to me, affected the transactions that's been happening all around the market, and the less transactions happening, the less for the market to get back up on its feet. The hard part there is people would keep doing it until something really bad and drastic happens that they would somehow be forced to amp up the transaction rates that's been happening in the market.
Now there are many objective reasons for the fall. Governments are feverishly creating their own cryptocurrency, coming up with how to count and collect money. They need a low course and volatility. So now there are attacks and delay development. Everyone should make a decision himself.
this is a kind of manipulation, where simultaneously someone who holds crypto with a lot of selling at the same time, after the price falls, followed by FUD which makes the price in the market increasingly fall.
The first reason is, of course, a prolonged correction, the 4-year period of the January decline in the value of crypto is also going on, perhaps March will give something in growth.
I agree with you that dip will continue until February, during this period many people need money so they will sell their coins for shopping and traveling . If trading in this period does not seem favorable
The main answer is that much less money has circulated in the crypto market. Investors, both large and small, are trying to withdraw as much of their investments as possible, at least for now.
They are just resting and trying to figure things out for their benefits, we do know that large investors always wanted to find huge profits, while those who are trying to do some short are doing their best to quit while they still have some small earnings, panic sellers are mostly affected of this scenarios and there's nothing left for them but to add more dumped and the cycle will continue after.
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.
yes, that is what I also see to date crypto prices have further reduced the price, indeed we cannot deny that there are many people who currently have more needs to be able to survive, so those who do not have a large amount of money, even though the price estimate is currently down very low and they have suffered a lot of losses for example selling it, but they have no other choice to be able to sell some of the coins they have for their daily needs, so that can be used as a reason why crypto prices often reduce the price, because there are many people sell part of their assets. 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.
Well, the low income guys don't have much of the share of the cryptocurrencies so they don't the price much. I mean they may be merely 5% of the total investments in the blockchain industry so they can't affect the dip.
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.
you right most of us really need money. and also hodl doesn't have any impact for many people, but I'm still a hodler.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 have same wishes with you and I don't think crypto price will go down further. I hope crypto immediately reup to ath again.
Yes, you are surely right. I also think that the big investors are waiting for the smallest price before entering the market. That's why the market is falling. As people disappoint with the current situation leave the cryptos market little by little.
The main answer is that much less money has circulated in the crypto market. Investors, both large and small, are trying to withdraw as much of their investments as possible, at least for now.
The price of many coins a year ago has grown too much, the stronger the growth the longer the correction, this is my opinion.
Yes, you are right, but partially. Do not forget about those people who are just disappointed in the cryptocurrency and sell what's left. Such are the realities of today.
Jump to: