Why all crypto market goes RED today?

zxl912157

sr. member

Activity: 588

Merit: 250

Quote from: easytipz on May 11, 2018, 10:51:53 AM

Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

This market is normal, where there is an increase so there is definitely a decline.
If you understand about this then you can also take profits in situations like this.

PS
All Time Down Bitcoin this year: 5800 USD.
All Time Down Ethereum this year: 170 USD.

bitcoinpeople3

newbie

Activity: 93

Merit: 0

The crypto market didn't just go red today. It has been like this for quite sometime now. About nine months to be precised, and a lot of assumptions has been made as to why the market is experiencing this bearish trends, and more predictions has been made as to when it will all end, but it doesn't seem like any of these are true though.

amitkumratra

jr. member

Activity: 672

Merit: 1

Moderator

The market has volatile nature and up & down price of coins or tokens is its normal thing. But at current time the whole market is on a downward trend and Bitcoin is down to $6500 and all other currencies price are also very down.
I think this is due to crypto currencies regulations, bans and negative news.
But don't worry, when good news will came it will rise and everyone will in good profit. So till then keep calm and have patience.

modmalaney

sr. member

Activity: 700

Merit: 251

the usual cycle occurs. many are too frantic in this so much going that causes the volume of the market is down. This is causing a decline in just plain being eventually declined enough in the case. simply hold it and survive it will make the State of the market remain stable.

sergey1301

jr. member

Activity: 336

Merit: 1

Now (27.08.2018) there is a correction of the cryptocurrency market. I Think that by the end of 2018, the market will return to normal.

poktur

jr. member

Activity: 238

Merit: 1

GIGZI - INDEPENDENT WEALTH MANAGEMENT

Most likely the whales are again making their manipulations with the market as a result of which we see such an effect!

Godsinocool

newbie

Activity: 62

Merit: 0

The cryptocurrency market is subject to fluctuations because of so many market forces acting on it. For any reason the market is red, just know that negative forces have impacted upon the market thereby causing the bears to take advantage.

Haynes

full member

Activity: 518

Merit: 106

Even now Bitcoin drops to the price of $ 5,800, that's the value of All Time Down in 2018.

But then it rises again to $ 8,500 and goes down to $ 6,000, I think this is the true nature of Bitcoin, so just enjoy the value.

jhache

full member

Activity: 518

Merit: 100

That would be because the price of bitcoin is red. They all follow the price of bitcoin so when you see that the price of bitcoin is going into the red then just expect that all of the crypto market will soon be red too. Mostly all of this is happening because so many people are selling their coins and taking out the money from the market.

jyotianand01

sr. member

Activity: 980

Merit: 250

The market is in dilemma from last many days as no positive news comes from an end which boosts the market mood and changes its trend from negative to positive. It comes green in a day and then comes in red next day and it is going on from last 2 months but market not able to stabilize at any point from where it will change its final trend to positive.

bibi91011

member

Activity: 135

Merit: 10

Apparently, there are many negative news about cryptocurrency at the moment. I believe that is the best explain.

Hearunnet

newbie

Activity: 33

Merit: 0

The market needs a couple of positive improvements. Also, tragically the bitcoins that are sold in the share trading system extortion that we have experienced the day will keep on hurting the market. It ought not sit tight too ache for this terrible impact to occur in a brief span. Tragically, these occasions are not overlooked in multi day. It regards hear that a great deal of enormous financial specialists imagine that they have purchased Bitcoin in a lot of these costs. I'm certain a portion of the altcoins have made some financial plan.

Topilsimn

newbie

Activity: 43

Merit: 0

That isn't astonishing, on the grounds that, after a time of steady conversion scale builds, it is the ideal opportunity for financial specialists to offer cryptos to make their benefits. Additionally, the decline of cryptos rate is a typical, only an impermanent one since I figure it will rise again and recoup rapidly one week from now. So you ought not think excessively about the swapping scale and should hold as far as might be feasible.

VclDm

member

Activity: 392

Merit: 11

The cipher market is red, there are a lot of reasons and the reason for all the falling coin so no one can guess exactly why the market still live strong patience hold and wait. Waiting for the school to increase again

Weirdwas

newbie

Activity: 113

Merit: 0

The market is currently experiencing a downtrend hence the bloodbath all over the place. This is something that is bound to happen once in a while, and needed for the market to move forward. While many of us might want to panic and worry about when all of this is going to end, I would rather like to urge those who are interested to take this as an opportunity and invest more in the trade.

Destroyeroff98

full member

Activity: 574

Merit: 102

Quote from: easytipz on May 11, 2018, 10:51:53 AM

Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

This is just a small jump in the currency. Have patience and cryptocurrency will rise in price.

Lemer

member

Activity: 139

Merit: 10

Because the whole market is on a downward trend, any drop in tokens is normal.
What you need to worry about, however, is the current perception that ALT is useless, which is why a lot of money is flowing into bitcoin.

gorokill

sr. member

Activity: 490

Merit: 250

Quote from: easytipz on May 11, 2018, 10:51:53 AM

Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

The most important thought to reflect on is the price of Bitcoin, today Bitcoin has dropped so that the same talent is shown by other Altcoins. Don't panic to see conditions like this, keep calm and think for the future, because maybe tomorrow Bitcoin will rise again and the remaining coins show the same attitude. Always optimistic and don't need to panic, the market hasn't fully recovered.

cryptomadu

jr. member

Activity: 350

Merit: 2

Still, the market is finding a way to go up. But it has failed to do so. The market still is at very low prices for all the coins. At the end of the year it may go up I think

pissuyakkuu

newbie

Activity: 98

Merit: 0

The market needs a couple of positive improvements. Furthermore, tragically the bitcoins that are sold in the share trading system extortion that we have experienced the day will keep on hurting the market. It ought not sit tight too ache for this terrible impact to occur in a brief timeframe. Shockingly, these occasions are not overlooked in multi day. It regards hear that a great deal of enormous financial specialists surmise that they have purchased Bitcoin in a lot of these costs. I'm certain a portion of the altcoins have made some financial plan.

Topic: Why all crypto market goes RED today? (Read 1564 times)