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Topic: Why are all coins going down - page 3. (Read 666 times)

newbie
Activity: 16
Merit: 0
newbie
Activity: 14
Merit: 0
January 08, 2018, 10:53:58 AM
#10
HODL!
member
Activity: 168
Merit: 29
Digital Wealth Management Platform
January 08, 2018, 10:42:32 AM
#9
Why? Volatility.

This is just another day in cryptoland--if this sort of thing shakes your confidence, you should probably get out or stop looking (IE get a hobby to take your mind off of it).

Nah, just wondering why. I have made enough profit over the past days  Tongue

Well, don't worry, if the current value is still greater than the actual price upon investment then you will have profits otherwise we have no other option but to hold. That the least can do right now.
Hold and wait, wait and hold.
full member
Activity: 406
Merit: 104
January 08, 2018, 10:41:55 AM
#8
China is trying to get miners to stop using so much electricity, by maybe limiting how much electricity they will have available.
This could get a lot of miners in China to dump their BTC.

Also, S. Korea has ordered bank inspection on all banks that deal with cryptocurrency. So people are maybe freaking out because of that as well and cashing out while it's still time.

Those are the two latest news I've heard about, don't know if there's more.
member
Activity: 168
Merit: 29
Digital Wealth Management Platform
January 08, 2018, 10:40:24 AM
#7
Hi there, anyone knows why the coins are going down. I just lost 10% of my portfolio  Huh

Not true and maybe your coins only are dropping but not mine. Don't worry, it'll soon pump again as most coins are dropping and pumping. Just relax and take a coffee.
We just hope they'll be increasing starting tomorrow.
jr. member
Activity: 65
Merit: 1
OPQ
January 08, 2018, 10:38:45 AM
#6
Why? Volatility.

This is just another day in cryptoland--if this sort of thing shakes your confidence, you should probably get out or stop looking (IE get a hobby to take your mind off of it).

Nah, just wondering why. I have made enough profit over the past days  Tongue
newbie
Activity: 56
Merit: 0
January 08, 2018, 10:38:23 AM
#5
Bitcoin down so altcoins value goes down as many are linked to BTC and it freaks people out. If you know anything about cryptocurrencies then you should hold tight, don't panic and wait for the bounce back.

legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
January 08, 2018, 10:34:52 AM
#4
Why? Volatility.

This is just another day in cryptoland--if this sort of thing shakes your confidence, you should probably get out or stop looking (IE get a hobby to take your mind off of it).
full member
Activity: 350
Merit: 122
January 08, 2018, 10:31:39 AM
#3
Many are down but not all.  I am still at same level as yesterday this time but compared to my ATH (7 hours ago) I am down almost 20%.  So it depends on where (point in time) you are measuring it against.

I think this is a normal correction for the unbelievable rally the past few days.  Just sit tight, it will bounce back and go even higher when it does. Smiley

More and more exchanges are also getting excluded from the price calculation because some are really outrageously higher (marked with * on the Markets tab of coinmarketcap).

If you are selling coins, worth checking the price on other exchanges, may be worth transferring & selling there. Wink
member
Activity: 161
Merit: 20
January 08, 2018, 10:25:49 AM
#2
Hi there, anyone knows why the coins are going down. I just lost 10% of my portfolio  Huh

Did you check your prices on coinmarketcap? 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 (have) informed users about this!

I suggest to be careful and check the numbers on exchange platforms again before making any moves! Don't panic sell because of this!
jr. member
Activity: 65
Merit: 1
OPQ
January 08, 2018, 10:17:20 AM
#1
Hi there, anyone knows why the coins are going down. I just lost 10% of my portfolio  Huh
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