Topic: RED color of all... - page 16. (Read 1606 times)
I also noticed the same market downward movement for some days now. Some people said it was the celebration of Chinese new year celebration while another group said we are witnessing all red days because of the hacking on one of the exchange which necessitate panic selling and as Bitcoin is affected all the other altcoin was also affected.
Just another day market test our patience and nerves. Unfortunately markets are so far from being stable and it’s very open to any damage. These last news about country ‘s actions about crypto and rumors about binance damaged bitcoin hard and bitcoin took alt coins with it. That’s why we are this situation right now. I hope this won’t last long.
Welcome on the second wave of bitcoin's dump. Seems like the scenario is the same like in 2014-2015-2016. The global correction will give opportunity for the new money to come. So red market means nothing.
Yes today another blooding day in the crypto world. This week was full of bad news thats why all coins go down . A lot of people affraid of bad news, and start to sell bitcoin and ethereum. And price go down. Wee need to hodl all coin for some time.
Market is not stable, and price is up or down and it is normal situation for crypto I think, we should acknowledge, that if we invest money in crypto it is long term investment, and we need some time to get benefit.
Well, the whole market depends on BTC it falls so all other coins also fall all logically. But why BTC is falling is another topic that is aggravated by various news that negatively affects its course.
In my opinion, this is again a correction on the background of news that we can see on several posts from above, although these news and not so important, but for this market they are enough to drop the price of all coins
It is nit reason to panic. Thats things are happening in cryptocurrency. So stay calm because all will back to norm in max few days. it is sure
What i can deduce generally from what is happening to the dropping of prices of coins and altcoins is that, just of late, some FUD are just bring propagated and this in a way affects the markets. The FUD causes a lot of panic, most especially to the weak hands in cryptocurrency. The whales actually make use of these opportunities to make more purchase, as the prices drop. They later then sell high. So FUD is one of the major factors i have noticed. An example of such is the news going round as regards the banning of some exchanges due to some regulations..
What are you thinking about this situation? why all alts go down so fast? Is there any reason for it?
Write here, what you think or what you know, I'm expected for some facts from you, if you have them.
Write here, what you think or what you know, I'm expected for some facts from you, if you have them.
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