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Topic: what causes the price of altcoin down? - page 26. (Read 4195 times)

newbie
Activity: 24
Merit: 0
We all see a clear dependence of the altcoins price on the bitcoin price, but I think that in the future everything can change. It is possible that in the future some altcoins will not depend on the price of bitcoin, the coins will become more independent. I hope that this happens soon.  Roll Eyes
full member
Activity: 237
Merit: 100
Price movement is a necessity in trading activities. Good price or bad price are two sides that can not be separated. With the help of this movement, you can identify the advantages for yourself because if we can predict when the price goes down / up we can predict our investment much better. But I really do not know why it fell in the middle of the season. I can only assume that this time is quiet without high-profit events.
newbie
Activity: 32
Merit: 0
All about big daddy bitcoin and what he wants to do for the day my dude.  Also FUD in the news can also cause an alt to dip unexpectedly.  They rise randomly too it seems as some of them pump when news hits the markets and some dip when news hits the markets.  Alts are a gamble for good reason.
newbie
Activity: 27
Merit: 0
hi,
yes! maybe this time is the right moment to buy some altcoins!
I would invest 50% in some established coins and 50% in new ICOs.
It's upon you.
Good Luck anyway.
newbie
Activity: 112
Merit: 0
I can say that time is perfect for buying them, however the question about the falling is actual for me too. Maybe nobody need them without bitcoin
newbie
Activity: 112
Merit: 0
Altcoins are follow the bitcoin. To the end of the year it will grow up and altcoins will follow it. I do not see a great problem that the market goes down write now.
newbie
Activity: 84
Merit: 0
probably due to the Islamic holiday, this is almost the same as the Chinese New Year. most of them melt the cryptocurrenct for the needs in the day of Eid, I think it would be very good to invest now.
I do not mean racist, only opinion.
newbie
Activity: 128
Merit: 0
Once, my friend gave me advice. Stay away from coins with low trading volume and low capitalization. Their dynamics are easy to manipulate, and you can get stuck in positions. You can make money on shitcoins using impulses or a common hyip, but do not invest in them for a long period.
sr. member
Activity: 1624
Merit: 250
give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

When the price of Bitcoin goes down, the price of the altcoins goes down with it. That's why all the coins are only against Bitcoin. I mean, you can exchange Bitcoin to USD directly, but can not exchange WAVE to USD directly, you have to exchange it BTC or ETH for change USD.
member
Activity: 233
Merit: 10
The huge fud and confusion that is on the market at the moment, there are a lot of people already dumping all of their coins beause of this, it is not safe to dump now
full member
Activity: 318
Merit: 100
I'm waiting for bitcoin to stop affecting the price of altcoins. In this case, new opportunities will open up for investors and holders of altcoins.
newbie
Activity: 154
Merit: 0
Altcoins price is depend on btc.The price of BTC is getting lower,so and the price of altcoin, which is denominated in BTC, will also be reduced, and the price of altcoin will continue to fall at a time when the market is low.
newbie
Activity: 18
Merit: 0
What has been done by scammers can be a major impact on altcoins fall. Many scammers stolen a million dollars from investors around the world. Some investors may 'be afraid to trust and invest again or making an adjustment on how to recover from lost.  As long as there are scammers, altcoins will continue to fall. So doubly cautious and avoid the crook.
full member
Activity: 308
Merit: 100
Most of all bitcoins are concentrated on a small number of wallets. The one who owns so many bitcoins can very easily raise or lower the price. The price of bitcoin greatly affects the prices of altcoins. So I think that the price is manipulated by big players.  Smiley
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
The market of crypto currency is obviously cyclical. And now we see the fall of this market after a long and continued growth, which was at the end of 2017. But I'm fully confident that after a long fall, there will be a long and pleasant growth.
I suggest you read more about speculation article, it says a lot about the market recently. There is a lot of manipulators, those are not having good mentalism will be so easily getting affected by the manipulators.

So many FUD news has come in these days that make the crypto chart even worst time to the time.
legendary
Activity: 2100
Merit: 1042
HODL
The market of crypto currency is obviously cyclical. And now we see the fall of this market after a long and continued growth, which was at the end of 2017. But I'm fully confident that after a long fall, there will be a long and pleasant growth.
jr. member
Activity: 238
Merit: 2
The only reason is what happening to bitcoin. Whenever bitcoin price falls, altcoins prices fall too and altcoins price fall is usually bigger than bitcoin.


yes I agree with you because what I know altcoin follows the movement of bitcoin and now bitcoin is declining and in my opinion, this causes altcoin to decrease because bitcoin also decreases,

newbie
Activity: 84
Merit: 0
I guess the reason why we though altcoin is cheap during mid year it seems so useless is because whatever happen to bitcoin altcoin is affected.. when bitcoin's value get high the price of the altcoin and other coins will automatically get high.
full member
Activity: 826
Merit: 103
The likelihood that the altoin price drops is due to the decreased bitcoin movement and in my opinion the parent bitcoin of all altcoins affecting the altcoin price, and now is the right time to buy altcoin or bitcoin and invest long-term


The time for investing "long term" (whatever that might be) was when Btc was below $1000 not that long ago. Not sure I would put any fresh money at todays (dropping) prices. I pitty the fools that bought at $19000.

When everyone is bearish is the time to buy (more).
member
Activity: 392
Merit: 27
I can say that time is perfect for buying them, however the question about the falling is actual for me too. Maybe nobody need them without bitcoin
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