Reason why crypto currency prices continues to dip - page 6.

Insomnia family

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Quote from: timmmers on December 10, 2018, 12:35:36 PM

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.

People are selling their crypto investments because they need money for shopping?
It doesnt make sense. I think that people are investing only money, what they do not need. And currently it is not the best time for exchanging crypto into fiat money because you loose a lot.

Yes, I don't think it's right to exchange investments in bad market conditions that are clearly not profitable, except for those who are traders, there is still little income even though the market is in a difficult period like now.

Twinscoin2017

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Quote from: BTCGOLD on February 01, 2019, 06:20:26 AM

Quote from: Coltpython on February 01, 2019, 06:14:57 AM

The crypto market needs new money to kickstart the bull run. When that money will come, we do not know. But we know is Crypto is getting more popular each day and its only a matter of time before the prices surge once more

Fresh money will come along with the growing popularity of cryptocurrency. Now, to change the market trend and that cryptocurrency prices begin to grow, investors must believe that this is the end of the bear market and regain confidence in the fact that cryptocurrencies will achieve success. For this to happen, we need as many positive messages as possible.

Well in my part I still believe that this dip is a part of the big whales manipulation. They maybe measure the patience of the new investors on the crypto feild and I believe that this dip will really end very soon. The market is now slowly having a volume and maybe the next update is the rising of the crypto coin price.

BTCGOLD

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Quote from: Coltpython on February 01, 2019, 06:14:57 AM

The crypto market needs new money to kickstart the bull run. When that money will come, we do not know. But we know is Crypto is getting more popular each day and its only a matter of time before the prices surge once more

Fresh money will come along with the growing popularity of cryptocurrency. Now, to change the market trend and that cryptocurrency prices begin to grow, investors must believe that this is the end of the bear market and regain confidence in the fact that cryptocurrencies will achieve success. For this to happen, we need as many positive messages as possible.

Coltpython

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The crypto market needs new money to kickstart the bull run. When that money will come, we do not know. But we know is Crypto is getting more popular each day and its only a matter of time before the prices surge once more

arpon11

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Quote from: starplaks on December 18, 2018, 08:58:46 AM

Many people stop believing in this market, so they withdraw money even though this is a net loss!

Believe in the market has it own impact on the market and realizing this it very important for us to rebuild the image of cryptocurrencies market again. I have lose money investing into many icos this time last year and I have discovered that most of the projects in cryptocurrencies are just idea and no really intentions of developing those project and because of this those that invested in the project could not get there capitals back as some of the projects are either dead or abandon.

cryptobae10

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From the look of things it seems you are right
The dip continued to February which is today

And am worried if the Chinese holiday will be another reason for continued drip ??

sudeshkumar

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People saw a great price rise in 2017 of the crypto market, resulting in immature and naive investors also invested with allurement of making money in short time ,now when they fail they are selling persistently ,shorters are actively shorting and able to earn lot of money,hope of revival of the market in Dec 2018 dashed economy of the various countries revived after 2008 collapse and people faith in real value currency floated by the govt.reposed are the various reasons of the dip in the market.

der_troll

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I think everybody understands that the market is manipulated by some whales. The latest news are pretty great for the crypto space and another big players want to join the industry and they want the best prices.

starplaks

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Many people stop believing in this market, so they withdraw money even though this is a net loss!

Idoe

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The cryptocurrency doesn't keep going down, friend, this still continues, with crypto money going up and down irregularly.
We learn to understand what happened to be able to read the situation that happened.

Ryananda

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the current price on the market is still very low and this is like playing, the answer you give to the questioner is very precise and accurate, only the problem of price increases that we don't know when.

OluwaTosin10

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Quote from: cryptobull3 on December 10, 2018, 12:25:49 PM

The answer is simple , market makers , They manipulate the market whenever they want to fill their pocket , and the is no regulation or rules to stop them , some people are developing scam coins only for that .

You are very right and annoyingly enough
The development of scam coin is even worse and difficult to stop
Hard to apprehend the scammers too

I think with more wise people with knowledges about crypto currency
There will be less scams and better markets

timmmers

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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.

People are selling their crypto investments because they need money for shopping?
It doesnt make sense. I think that people are investing only money, what they do not need. And currently it is not the best time for exchanging crypto into fiat money because you loose a lot.

bohboh

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This year have come and gone with so much volatility(dip). Hopefully next year will be positive when the high income earner entered the market to pulp the market price.

tamango

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Crypto maket is not only high volatile but can be easily manipulated by big investors/whales... I think this is the main problem that affects this market otherwise I really don't understand why market still continue to fall... I'm not scared because I don't think that crypto will disappear so I'm looking with a long term view for my investment.

cryptobull3

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The answer is simple , market makers , They manipulate the market whenever they want to fill their pocket , and the is no regulation or rules to stop them , some people are developing scam coins only for that .

capableuwa1

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Again, another prediction that the bear market is because people selling off because of their shopping is wrong as well as bear market to continue till February is wrong also. If you follow the market very well guess you will understand that the whole of 2018 have been more of bear market where November and December took everybody by a surprise. So let's hope that January will get better...

Vilagra

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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.

This is the most naive thoughts, that I ever heard, we fall down because people need money for new year celebration, really? Market falls down during the whole 2018, people sell crypto for celebrating new year all this time? A year ago december-january were the months when crypto market grew the most, how will you explain this? People didn't need money to celebrate 2018 but need to celebrate 2019?

Vask

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Quote from: opv321 on December 10, 2018, 06:30:48 AM

The US stock markets are down close to 25% in the past 4 weeks. Which means the crashing is definitely not exclusive to bitcoin and the crypto markets.

Actually, this is exactly what I'm waiting for, the beginning of the global financial crisis and the majority of investors will run into the crypt, as a safe haven for their savings. Therefore, I expect a strong growth of the entire crypto market.

opv321

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The US stock markets are down close to 25% in the past 4 weeks. Which means the crashing is definitely not exclusive to bitcoin and the crypto markets.

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