Topic: Why Cryptocurrencies are falling today? - page 2. (Read 476 times)
It is difficult to grasp the trend of the market. I often rely on my spirit plus a little luck to get some profit.
Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
I think the market is currently shifting to a fairly regular decline in recent days. although the correction is small but very unstable. yes, I guess I still can not summarize what happened actually, I have not done any technical analysis research. but I think a small correction is common.
The markets are very fragile and I don't know what the cause is. Crypto currency investors want stability now. Declines are usually due to bulk sales.
Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
I think the market is currently shifting to a fairly regular decline in recent days. although the correction is small but very unstable. yes, I guess I still can not summarize what happened actually, I have not done any technical analysis research. but I think a small correction is common.
Crypto money has been depreciating for a long time not today. The reason is that there is money out on the market. The distrust of virtual paralysis continues.
Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
I am afraid we will see this kind of fall until MtGox bitcoins will still be in their wallets. It seems like the guy is dumping it step by step and forcing the price to no reach its potential. That and all the regular FUD.
Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
The current plunge can be traced to a raid on the offices of the Korean Exchange UPbit by Korean Prosecuters. Since Korean Exchanges are forbidden from having foreigners as clients whatever the outcome will be highly localized and presents an enourmous gift to those looking to buy prior to the Consensus 2018 conference in New York.
Here is an article on Bloomberg about the raid. https://www.bloomberg.com/news/articles/2018-05-11/cryptocurrency-exchange-upbit-raided-by-south-korean-authorities
in fact, this is a common occurrence. but it is exacerbated by too many panicked and quickly sell their crypto to avoid big losses. Thus it will make the price of getting down and plunged in. the panic is indeed still a hard thing to overcome in trade crypto.
Cryptocurrencies are currently falling perhaps this is due to the resistance that is so strong that it had hinder the growth of cryptocurrencies. Other factors, are just merely negative news and FUD's could add the dip on the cryptocurrency and maybe it's just the correction period where it is gaining momentum for another rise in price hopefully to recover soon.
Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
the ones I see today do not fall and are currently re-greening and I'm sure the market will recover in a long time because many people are waiting for bitcoin prices and altcoin prices are back on steady and I'm sure the market will be good by the end of 2018
Maybe one of the reason is crypto currencies were got banned from Google, twitter, facebook and in instagram, these kind of action from the assets of crypto currencies can really affect the market situation. Aside from this their are many panic sellers in the market that oftenly shaken when their is undesirable situation of the crypto currencies.
Too many people were waiting for growth in connection with the Consensus of 2018. But as you know, the market acts against the masses. I think this will continue for the next few days
are we too dependent on the result of the concensus? i think the market will act positively on this so called act against the masses because the more you push away the market to the masses the more the market strive to cut a piece on it.
This drop is normal. These are not too large, especially in the current volatile market, many situations will fall. So just make up for the shortfall when you fall, and then you will be more and more. Collect more chips.
There is no need to worry about these short-term minor price swings. Crypto market is a very young market so more volatile than established markets so reacts faster and more to any news. The crypto bull is intact and the big trend is up so stay with that.
Old holders are cashing out, new people are buying. There are more
sellers than buyers and price is dropping.
Members here should pay attention on your post Sephire. We don't
need to worry about minor price swings. Crypto- market is young, there
will be many more bull runs in the future too, like until now.
Price can't go up all the time. More and more people are starting to
trade. 24/7 market means a lot of people buy&sell all the time, it's
normal for prices to have fluctuations. Who plan to invest in crypto-currencies
should be aware of that.
Personally, I think, I would advise you to stay calm because before the big event there is always a withdrawal happens no need to panic. Continue to watch the market, prices will rise soon. last week we saw an increase in the market and now it's time for a correction. I think the correction will stop after the start of the Great Conference.
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Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
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Some countries declared to ban the coins in their countries so the price are influneced by the rules adn make the low prices comes.
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Some countries declared to ban the coins in their countries so the price are influneced by the rules adn make the low prices comes.
There is no need to worry about these short-term minor price swings. Crypto market is a very young market so more volatile than established markets so reacts faster and more to any news. The crypto bull is intact and the big trend is up so stay with that.
The cryptocurrency market at the up, down is normal. Today, the price of coin in the cryptocurrency market has gradually increased. The market has turned green, signaling very good signal and good news for investors. Compared to early 2018, the cryptocurrency market is stabilizing and developing.
I think the current reduction of cryptocurrency is a natural thing and that is the cycle of rising and falling coin prices. so this will not last long and can serve as one of the benchmarks to buy and sell.
Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
Something happened on South Korea that brought fear to many traders.That's been mentioned as a reason, but logically I'm not sure it makes the most sense... the Mt Gox seller dumping 8K btc (plus bch) probably was the reason.
And unfortunately he has more coins to sell, so this won't be the first time we see an unexpected dump.
If he's about to sell then he should wait for a better price so that everyone could ride him along. But I guess he's also in panic and he just want to get out of the market until he can.
Dumping in a way to make money and then later on will set a good entry point that they'll make them have good enough profit.
Too many people were waiting for growth in connection with the Consensus of 2018. But as you know, the market acts against the masses. I think this will continue for the next few days
There's no reaction for now but maybe after the day or two or week we'll see the growth again. Jump to: