Some factors causing the market dropped. Some of them are probably:
Mostly because of the negative issues about crypto that leads the people afraid and panic and then continued selling their coins away.
It is because the tactic from the whales to drop the price and then buy the coins for future holding.
Some other factors probably are because of the generous coin types emerged in this era.
Topic: What caused all the price drops? - page 13. (Read 2729 times)
coin costs preserve to fall sharply due to interventions from governments. In Korea, government are nonetheless considering viable closure of virtual forex flooring. no matter the closure of the digital foreign money floor last year, China nevertheless has greater aggressive measures against the digital foreign money enterprise.
The buy and sell of altcoins affects the price of the coins. If more demands arises that means more traders buying coins that may resulting to the increase of altcoins value. But if the value decreases ten maybe there are more selling happen.
When their is no demand for the altcoin by the investor or there is but minimal, will lead to fall in price to make it look more attractive to prospective investors. Because investor will want deal in investment that is more lucrative
At the moment, you can see that the fall has stopped and we are seeing even a certain growth. It is very difficult to say whether it will be stable or short-term, but we can say for sure that good news has appeared on the horizon and this can stabilize the market. I can not say whether all the coins will feel better, but I think that many.
The reason for all of the price drops is obviously due to so many people selling their coins and cutting their losses at this point. Also whales are manipulating the prices of the coins so that they can buy the coins at the cheapest prices. The people that are panic selling are not helping matters as well. But once there is more demand in the market, then the prices will start to recover
I think the market is just like in the four seasons. It is a normal phenomenon to pick up. There is a chance to usher in the spring of the coming year. We have the opportunity to realize the freedom of wealth and wait patiently.
Cause the market to fall. I guess it is a large amount of money flowing out. It may also be the market needs. This is not a good judgment.
Cause the market to fall. I guess it is a large amount of money flowing out. It may also be the market needs. This is not a good judgment.
Do crypto currency will continue drop?
I do not know exactly what caused all cryptocurrencies to continue to fall. This year's encryption market caused me to lose too much and I was scared. All my cryptocurrencies have not been sold. I am waiting for the opportunity.
Almost all the altcoins (and bitcoin too) went down alot yesterday. Does anybody have a clue what caused this major drop?
all crypto down because of the influence of the world cup, people switched bets by selling the crypto for a while, that's what makes the price of crypto down
Perhaps it is the outflow of large amounts of money, perhaps the operation of some people. These are all personal speculations. As shrimps and shrimps, we only need to observe the market and make timely decisions based on judgments.
Since january too many FUD and bad news continue exist in the market and this thing make many investor and trader sell their crypto asset. High fluctuacion of crypto is really high since they tradeable and the price too sensitive with bad news and FUD. All crypto in high fluctuacion and this is actually the best opportunity to make money, now depend on the our strategies and how to manage the risk to be lower.
I think that a large part of the reason for the market decline is because the bull market has been in the market, because it has been too crazy in the last bull market, so it will last for a while, we need to hold our coins patiently waiting.
Almost all the altcoins (and bitcoin too) went down alot yesterday. Does anybody have a clue what caused this major drop?
in my opinion, there is no cause of the decline in all prices but I know one cause of the fall in market prices is the bear market crypto then the market becomes less stable, and so now that I see the market price of crypto has recovered and we just wait altcoin and bitcoin prices returned
Almost everytime bad events happen and results in a not so good situation in the market. FUD is always in the heart of the investors. It is so easy for a coin to decrease in value and so hard to make it up again. So I guess the real cause of all of these is the maturity of the investors and skills such that they could predict certain loses and to avoid it they trade their coins before they will lose a lot if prices should go down. So in other words they are playing safe now.
Hmm, I'll give it a shot. Bad news happens for a particular coin, coin A. Holders of coin A sell, causing the price to drop. Holders of coin B, C, and D see this price drop. They decide to sell coins B, C, D, so that they have money to buy coin A. This causes the price of coins B, C, D to drop. Holders of coins E, F, G see the prices of coins B, C, D drop. They sell coins E, F, G, so that they can buy B, C, D. This causes the prices of E, F, G to drop. Etc. Etc.
All of this causes the prices of all of these coins to fluctuate greatly. This scares people holding the coins as they see the value of their coins dropping. They sell, out of fear that their coins will drop even further. This drives the price down even further.
All of this continues until the scared people are either out of coins to sell, or they stop being scared. They buy back into coins again causing the price to rise, and the whole cycle repeats.
All of this causes the prices of all of these coins to fluctuate greatly. This scares people holding the coins as they see the value of their coins dropping. They sell, out of fear that their coins will drop even further. This drives the price down even further.
All of this continues until the scared people are either out of coins to sell, or they stop being scared. They buy back into coins again causing the price to rise, and the whole cycle repeats.
In the market, the crypto currency can not be a constant growth or decline, so this situation is the norm, and we should use this by buying the coins we are interested in at reduced prices, since after the reduction there will necessarily be a rise in prices.
Agreed , It is volatile in every way I think there are so many reasons for the price drop, maybe the whales are manipulating the price, or the media whos speculating and spreading bad news, maybe the week holders the panic sellers or the traders who are weak handed, there are so many reasons why the market is down.
Cryptocurrencies are volatile. The value may go down today but tomorrow it may rise up higher than before. History shows that the percentage that the price goes up is much higher than when the price is going down. So the chances to succeed is still much higher. I will not be afraid to invest in crypto today.
Maybe the problem is that people still losing their faith in the industry without all that TV & mass media insane hype?
Almost all the altcoins (and bitcoin too) went down alot yesterday. Does anybody have a clue what caused this major drop?
One suspected for this problem of drop price value is pumping up of so many kind altcoin in different project with zero value, didnt say all alts but some had. This kind of thing make investor confuse and some will back out because they think on risky situation and got loss of profit.
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