Why the crypto is dropping again? - page 9.

Suslived

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Quote from: TCW003 on May 09, 2018, 02:19:34 AM

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

A market can't recover and simply go back to all time highs. It needs to gradually get there with market corrections in between. This is simply what we are experiencing right now, some people are taking profits. Don't worry because soon enough everything will be bought and price will start rising again.

I would hold those coins if i were you.

erep

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The bitcoin market is fluctuating and with that many altcoins drop which is usual. I just hope Bitcoin get back to $10k mark and wont drop below that again. If that happens then we may see good in flow to major altcoins.

sisjow

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Quote from: TCW003 on May 09, 2018, 02:19:34 AM

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

it is a normal thing in the crypto world, everyone wants to get easy money but we should understand, we can't hope the market rises always.
it is a risk which we must accept.

dzelenyanskiy

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Activity: 378

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The market undergoes correction after stable growth in late April-early May. It is also possible that the price of top coins was artificially lowered in order to be able to purchase at a lower price before the good growth expected after May 16 (the end of the Consensus conference)

Joyawan13

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elysian.finance

Quote from: DRVX on May 13, 2018, 04:44:01 AM

Quote from: light22man on May 09, 2018, 04:37:13 AM

Don't panic sell your coins, It's just a correction on bitcoin after grow from 7000 and all coins suffering with him. If you can't hold little drop better thinks twice before get in market.

I also do not see that there is something critical to the situation on the market. As we all know, the volatility is the NORM, and we have to live with it. Do not worry: Bitcoin will grow again.

I see it too, the market is not critical now, so we do not need to panic or fear that bitcoin or other altcoin will continue to fall, I think everything will recover soon, lest we do something stupid because of our panic and sell some of our coins when the price drops , it will only make a regret for us when the price will rise higher again.

mylyn2327

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Quote from: TCW003 on May 09, 2018, 02:19:34 AM

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

Don't panic, sooner it will recover again. Now is not the right time to sell but rather good time to buy. Don't take quick action that you might regret at the end, let just stay calm and wait for the right timing.

whaawh

sr. member

Activity: 714

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Quote from: DRVX on May 13, 2018, 04:44:01 AM

Quote from: light22man on May 09, 2018, 04:37:13 AM

Don't panic sell your coins, It's just a correction on bitcoin after grow from 7000 and all coins suffering with him. If you can't hold little drop better thinks twice before get in market.

I also do not see that there is something critical to the situation on the market. As we all know, the volatility is the NORM, and we have to live with it. Do not worry: Bitcoin will grow again.

I believe that the price for Bitcoin grows only because of the demand for this coin. While there is interest in crypto currency, there will be a large price for bitcoin. But if people get tired of waiting for a rise in prices, they will lose their interest and the market will definitely fall.

DRVX

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Quote from: light22man on May 09, 2018, 04:37:13 AM

Don't panic sell your coins, It's just a correction on bitcoin after grow from 7000 and all coins suffering with him. If you can't hold little drop better thinks twice before get in market.

I also do not see that there is something critical to the situation on the market. As we all know, the volatility is the NORM, and we have to live with it. Do not worry: Bitcoin will grow again.

Klovezio

member

Activity: 350

Merit: 11

Quote from: TCW003 on May 09, 2018, 02:19:34 AM

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

now is temporary red. You shall held. There will be pump soon. You will be regret if you sell now.

dragone

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Activity: 249

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Quote from: Daddyj2 on May 12, 2018, 05:45:48 AM

I've seen somewhere that Mt. Gox sold 8k+ BTC again and I always see Warren Buffet and Bill Gates on CNBCcrypto and all they said are all bad things for crypto maybe it has something to do with that.

I read about that too, but I'm really confused. Everytime when BTC go down a lot of people "remember" about Mt.Gox. Of course 8000 BTC this is a solid number, but I can't believe that market goes down for that reason. I think the main reason is that someone manipulating BTC because most of BTC under control of a small group of people. Something about 3% of all wallets controls 87% of all Bitcoins. For now if you can manipulate Bitcoin means that you can manipulate with all market.

indobitcoin.tk

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Don't be too quick to conclude and take action. If the seller of what you currently have of course will only be losers. hold the first and find out what happened. the market is in an up and down is normal and don't get too freaked out to deal with it.

bitcoindian

newbie

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Quote from: Apaxy on May 12, 2018, 05:16:38 AM

Quote from: no0dlepunk on May 12, 2018, 04:31:48 AM

Quote from: TCW003 on May 09, 2018, 02:19:34 AM

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

Yeah, you must know WHEN to take profit or else you would lose a lot. Anyway, this is just the way it is... cryptosphere pumps and then dumps. I am surprised that you were surprised eh. ha ha!

Apparently if someone does not understand something, then you just need to monitor the market and definitely sell more expensively, and buy cheaper. This arithmetic is simple and does not require ferry efforts for understanding.

Yes, very simple but when it comes to reality you will understand why people are selling them for cheap prices. Holding and selling them at high prices is always good but when we are trading multiple coins it is impossible to keep track all of them at once.

Denker

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Quote from: TCW003 on May 09, 2018, 02:19:34 AM

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

This market is still very young and very small. Easy to manipulate by some big guys who know how to play this game.
That's the reality. You either just sit it out or you wrong in this space. Selling now imo makes no sense.
Furthermore this just shows how strong and dominant Bitcoin is, whatever this stupid market dominance index is telling you.
If Bitcoin takes a plunge, the whole market will. If Bitcoin is going for a massive bullrun, altcoins will get left behind as well.
The only way altcoins are moving is when Bitcoin is consolidating or having a slight bullrun.
So always have a look at the king of the coins, what he is doing, and then take action.

Daddyj2

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I've seen somewhere that Mt. Gox sold 8k+ BTC again and I always see Warren Buffet and Bill Gates on CNBCcrypto and all they said are all bad things for crypto maybe it has something to do with that.

Apaxy

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Quote from: no0dlepunk on May 12, 2018, 04:31:48 AM

Quote from: TCW003 on May 09, 2018, 02:19:34 AM

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

Yeah, you must know WHEN to take profit or else you would lose a lot. Anyway, this is just the way it is... cryptosphere pumps and then dumps. I am surprised that you were surprised eh. ha ha!

Apparently if someone does not understand something, then you just need to monitor the market and definitely sell more expensively, and buy cheaper. This arithmetic is simple and does not require ferry efforts for understanding.

no0dlepunk

sr. member

Activity: 490

Merit: 258

Quote from: TCW003 on May 09, 2018, 02:19:34 AM

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

Yeah, you must know WHEN to take profit or else you would lose a lot. Anyway, this is just the way it is... cryptosphere pumps and then dumps. I am surprised that you were surprised eh. ha ha!

btcney

hero member

Activity: 588

Merit: 500

Quote from: TCW003 on May 09, 2018, 02:19:34 AM

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

The main reason is that bitcoin had a strong sell wall preventing it from going up above $10k, and after a few times trying to test that level there was simply no momentum. Then BTC experienced a pretty big correction in one day, which triggered the altcoin market to fall as a result as well.

There is definitely an element of panic here, and I wouldn't sell whenever there is a panic dump.

If you're still thinking about selling, don't. Prices are still cheap and below $10k. I'd rather hold it till the next rally, if short term profits is what you're looking for.

Teraboy

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Quote from: daxiake on May 12, 2018, 03:19:59 AM

Quote from: TCW003 on May 09, 2018, 02:19:34 AM

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

Many believes that current decline is because of the following news.
Bitcoin price drops again in the wake of Mt. Gox liquidation speculation
Such ups and downs are common and should not effect those have invested in BTC for long term. Its just a minor decline and hopes are market will recover very soon.

It looks like another joke about mtgox liquidation, i remember mtgox trustee was saying if they will try to do an alternative way to liquidate the rest. In my opinion an auction will become a potential way to be used by mtgox trustee to sell the rest.
I believe that just another FUD article without any reliable source.

daxiake

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Quote from: TCW003 on May 09, 2018, 02:19:34 AM

I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?

Many believes that current decline is because of the following news.
Bitcoin price drops again in the wake of Mt. Gox liquidation speculation
Such ups and downs are common and should not effect those have invested in BTC for long term. Its just a minor decline and hopes are market will recover very soon.

modmalaney

sr. member

Activity: 700

Merit: 251

This is just a regular decline. the only correction that always happens on every coin. hold the first of what you have and don't be in a hurry because it will not provide positive results later. the market will go back up in good condition and this just waits for a matter of time only.

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