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Topic: Why are all coins going down (Read 670 times)

member
Activity: 350
Merit: 10
January 08, 2018, 05:23:59 PM
#51
Hi there, anyone knows why the coins are going down. I just lost 10% of my portfolio  Huh
there is this saying - if you cant handle 30% loss, you don't deserve 300% profit
The market is going down a lot, this is usually seen after a long green market time and this is the time for the speculators to profit to profit and then buy back at a small value. than. I think if you are holding on to the fallen coin, you should not be too worried because this is a very normal thing in this market, you should be prepared for what will happen in the future.
member
Activity: 140
Merit: 10
0x5A165891De2a2c8B82c7De19486277e0d5b644DF
January 08, 2018, 04:49:53 PM
#50
The downward trend in price change is of course due to the exclusion of the korean exchange from the CMC.
For investors. This is the best time to buy lots of the coins and lock in your position getting ready for the next mooning.
full member
Activity: 238
Merit: 100
January 08, 2018, 04:39:47 PM
#49
Dont panic. This is only a minor correction, nothing out of the ordinary. You will get used to this sooner or later. Its quite normal for cryptomarkets to be highly volatile, so a 10% loss in a matter of hours or even less is nothing special. Just try to stay calm and control your emotions, the markets will recover.
full member
Activity: 350
Merit: 122
January 08, 2018, 04:25:02 PM
#48
Hi there, anyone knows why the coins are going down. I just lost 10% of my portfolio  Huh
there is this saying - if you cant handle 30% loss, you don't deserve 300% profit

I like that... I am stealing this! Cheesy
member
Activity: 112
Merit: 10
January 08, 2018, 04:14:54 PM
#47
Hi there, anyone knows why the coins are going down. I just lost 10% of my portfolio  Huh
there is this saying - if you cant handle 30% loss, you don't deserve 300% profit
newbie
Activity: 113
Merit: 0
January 08, 2018, 04:03:36 PM
#46
A day in crypto is always exciting
full member
Activity: 196
Merit: 100
Hoqu.io – Decentralized Affiliate platform
January 08, 2018, 04:00:38 PM
#45
Today there was a big dump because coinmarketcap updated the Korean prices and took them out of their rating, that is probably why a lot of people dumped
full member
Activity: 479
Merit: 100
January 08, 2018, 03:43:14 PM
#44
I read the information and know that. Coinmarketcap decided to exclude Korean exchanges from their price/market cap calculations as these are trading significantly higher prices than other markets- this is one reason why all prices are down. I think they should informed users about this!
member
Activity: 98
Merit: 23
January 08, 2018, 03:21:53 PM
#43
Time to buy guys!!!

Agreed! Buy it all up and HODL!
full member
Activity: 490
Merit: 101
January 08, 2018, 03:21:09 PM
#42
A 10% dip isn't anything to be worried about. My port dipped 10% yesterday morning, and was up 10% by EOD. Check the market rates for the exchanges you use (rather than the calculated average), and perhaps sign up to one with more favorable rates when you want to sell.
newbie
Activity: 55
Merit: 0
January 08, 2018, 03:18:56 PM
#41
Today is the bad for altcoins and bitcoin holders. But usdt holders wins so much.
Some people is playing with us i think Sad
it's free market , do you want communism maybe  Huh Grin
full member
Activity: 350
Merit: 122
January 08, 2018, 03:17:50 PM
#40
My portfolio is at ATH just now...
member
Activity: 224
Merit: 14
January 08, 2018, 03:15:45 PM
#39
Today is the bad for altcoins and bitcoin holders. But usdt holders wins so much.
Some people is playing with us i think Sad
newbie
Activity: 4
Merit: 0
January 08, 2018, 03:11:00 PM
#38
Yep, more opportunity for us in Canada!

hero member
Activity: 2730
Merit: 552
January 08, 2018, 03:09:31 PM
#37
China is going to ban bitcoin mining cartels which consumes a lot of electricity, that's why the market is down.

Check google.

Good, I hope the USA and Europe (as well as Africa/S America) picks up the slack.

sr. member
Activity: 728
Merit: 250
Go Big or Go Home
January 08, 2018, 02:56:13 PM
#36
China is going to ban bitcoin mining cartels which consumes a lot of electricity, that's why the market is down.

Check google.
newbie
Activity: 35
Merit: 0
January 08, 2018, 02:38:21 PM
#35
That's why you need to keep some more trusted and stable coins too in your bag, which not suffer big from such dips, like stratis, just a tiny 3% dip, and it's back and continue to grow. And 20% dip is just nothing in altcoin world.
full member
Activity: 236
Merit: 100
Presale is live!
January 08, 2018, 02:21:02 PM
#34
Well i also lost 20% of my money today but i don’t see any reason to panic. It will get back to normal in few days. These kind of days are the best times to invest. You can buy good coins from very cheap prices.
hero member
Activity: 2730
Merit: 552
January 08, 2018, 01:54:36 PM
#33
Do a sort at coinmarketcap or your exchange on percentage gain/loss to go from high to low, then you'll see all coins are never going down.  Try to hedge on those coins.
newbie
Activity: 56
Merit: 0
January 08, 2018, 01:31:46 PM
#32
Time to get in on the dip!  Buy up the coins you have been watching and watch the coming days/weeks/months/years for the rise (hopefully).

Exactly. I just filled up my bags with some coins from binance and some harder to find coins on kucoins
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