Topic: The whole market is going down. Any particular reason for that? - page 7. (Read 21221 times)
August 13, 2018, 02:45:17 PM
Maybe it is because ETF on bitcoin had been cancelled by SEC. Most people are waiting for it and since the announcement was made, the market demand on bitcoin declined. Also, we are currently in a bearish market, so that is why the market price and demand keeps on falling too.
August 13, 2018, 02:42:27 PM
All promise winter in the end of the year. But here, this is probably a desire (hope) than a promise.
August 13, 2018, 02:18:30 PM
But once the price drop means just buy the bitcoin at low price and hold it for future. Surely the price will increase in future.
It is not that simple. How do you know that it will not drop further after the first price drop ?
I mean suppose there is major announcement coming regarding some country banning crypto. As soon as the news is leaked, price will start dropping. As per your suggestion, one should at that time. When finally the ban is imposed, prices will decline very fast and you will be in loss. I hope this hypothetical situation will help you make better decisions regarding time of entry and exit in a particular coin.
August 13, 2018, 02:12:12 PM
For past two weeks again the price of bitcoin went down. This is normal in the crypto world, there is no particular reason for that. Maybe big whales are manipulating the market and due to demand of bitcoin these are the reasons for the price drop. But today the price started to increase dont know wthether it is continue or not. But once the price drop means just buy the bitcoin at low price and hold it for future. Surely the price will increase in future.
August 13, 2018, 01:55:49 PM
Everyone is still confuse as to why the market has continued to fall in the past two weeks. Let us all hope the market recovers soonest.
August 13, 2018, 01:47:58 PM
Guys whole market is going down rapidly. Especially see the ETH price. it is crazy. But I didn't see there is the specific case except ETF. Can anyone guess when will be market recover?
This is easy the market went down because the SEC postponed their decision about the ETF, when the date gets closer again the price will recover momentarily as well, but I think people need to stop thinking about this, the changes in the price will only apply for the short term and nothing more even if the decision is positive this is going to create a mini bubble that will eventually crash. August 13, 2018, 12:58:44 PM
The way I see it, crypto is going down because of its unpredictability. So while ETH is experiencing a successive dips, it could be the perfect time to buy more bitcoin and other altcoins as the prices will be very cheap. Because the price is down, now is the right time to consider long time investment. I am sure it will recover though.
August 13, 2018, 12:43:51 PM
each bitcoin drop triggers something in the whole market. it acts as the fuse to light up the already excited altcoin market and that leads to big dumps that we have been seeing these days. the altcoins are currently going back down to their real prices and we may not see this market stabilized until they lose the fake prices that they have gained in the year 2017.
if you want a reason then you have to go back between 8 to 20 months and see the altcoin pumps that were happening then. that is the reason why we are seeing the drops right now.
if you want a reason then you have to go back between 8 to 20 months and see the altcoin pumps that were happening then. that is the reason why we are seeing the drops right now.
August 13, 2018, 10:47:14 AM
To guess the market right now is very difficult because prices continue to decline, but somehow I believe the market will increase slightly with prices falling as it is now, automatically if the price falls demand will increase. January 2019 I think prices will skyrocket again.
August 13, 2018, 09:56:39 AM
I think some big investors just manipulate the market in summer time. I have seen the same in stock market before. They just create panic in the market and buy at low price before the rally starts, which usually happens around october-november.
August 12, 2018, 04:52:58 AM
Guys whole market is going down rapidly. Especially see the ETH price. it is crazy. But I didn't see there is the specific case except ETF. Can anyone guess when will be market recover?
Market downfall is a big failure to cryptocurreny. Investors of cryptocurrency will sell their coins just to return there capital. Some of them will panic. It is like a domino effects that the will a affect investment to the end. But the trends of the the market today for me is just normal. No need to be panic. This is also what happen last year. I am very hopeful that it will pump for the last quarter of the year.
August 12, 2018, 02:14:27 AM
Guys whole market is going down rapidly. Especially see the ETH price. it is crazy. But I didn't see there is the specific case except ETF. Can anyone guess when will be market recover?
The price of the ethereum is now really very low - $ 326. I do not think that ethereum was an overpriced coin. In comparison with bitcoin and the functions that it now performs, we can say that it is clearly pedo-valuable. Before a significant increase in the price, which is most likely already in the fall, it should float in value. This is not particularly affected by anything. August 12, 2018, 01:55:41 AM
Guys whole market is going down rapidly. Especially see the ETH price. it is crazy. But I didn't see there is the specific case except ETF. Can anyone guess when will be market recover?
Having effect of ETF over whole market seems to me little off the track. It has some effect but not on the whole market. ETH is dropping ? Yes, it has gone wild these days and somehow people are not supporting it at all. I am suspecting this has got to do something with the transaction slowness of ETH as compared to other currencies. With the ever growing platforms ETH is not the only now now who is having great deal of characteristic. So you see it is all about market situation, ETH performance and much more.
August 12, 2018, 01:44:01 AM
Guys whole market is going down rapidly. Especially see the ETH price. it is crazy. But I didn't see there is the specific case except ETF. Can anyone guess when will be market recover?
It's summer.Most crypto traders(or atleast the big ones) are on vacation.This decreases the daily market demand,while the supply stays the same,because the small and frustrated sellers keep selling to get out of the markets with loss,instead of just relax and enjoy the summer.
August 12, 2018, 01:25:29 AM
Guys whole market is going down rapidly. Especially see the ETH price. it is crazy. But I didn't see there is the specific case except ETF. Can anyone guess when will be market recover?
Everything was inflated last year.
It might take up to 2 years for GOOD crypto currencies to get back to the same price levels.
Bad crypto currencies will continue to go down until they die.
Only buy altcoins if you believe in the team and technology enough that you are willing to see the money go bye bye.
HODL Bitcoin.
August 12, 2018, 01:03:19 AM
Guys whole market is going down rapidly. Especially see the ETH price. it is crazy. But I didn't see there is the specific case except ETF. Can anyone guess when will be market recover?
oh come on its hard to say a lot about it but i am sure that this is all about season and also a manipulation this is worst because theres a lot of newbies got lose a lot of money because of manipulation by all whales so thats why i still holding my coin i dont want to sell even i loss a lot . 
August 12, 2018, 01:00:15 AM
If you look throughout the history that happens all the time! It is called time cycles. Economy always had crisises-they start and end. I guess that is part of our lives. What you need to do to avoid it, is to learn how to save money for the times like that. I remember my first time when i lost my job and i had no saving-was an interesting but hard time, which gave a very good lesson, that’s also the time when i thought about investments.
August 12, 2018, 12:40:15 AM
There is no particular reason in the current decline all talking about speculation the ETF made the mindset of most new people to be disturbed and after delaying their decision directly to lift all the money in crypto, I just thought this was panic most people have a game in this situation is to reduce prices lower, yes that might happen with this crypto free market, that news is a very good medium to emphasize most people are pressing to sell assets owned, no matter what happens at the moment but buy more at the cheapest price is a very good thing and maybe for next year it will be very good compared to the current year.
August 11, 2018, 09:54:45 PM
no problem, the down market is a common symptom in cryptocurrency. use this opportunity to buy coins that you feel you can use, for example Ethereum
August 11, 2018, 07:26:25 PM
It's better to be a trader than a hodler currently. The prices are just falling so it's better to buy at extremely low and sell even if there is just one percent increment in price. You can earn some profit still
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