Topic: Why the cryptocurrency market going down? (Read 245 times)
I do not know what happened this month because all crypto is suffering big enough nowadays, for myself I bought some Altcoin because it is a very good chance to buy all Altcoin and bitcoin crypto, if buy now it will likely return to normal by the end of this year .
I didn't getting the point of cryptocurrency market going down from past 3 weeks.
It's not been down for only 3 weeks. We're already down for several months so you really don't know what's happening do you?This the right time to buy more or existing from all my investment in coin and tokens.
Yes, this is the right time of buying more coins that you wanted to hold for long term or short term. Every coin has it's discount so grab it now while you can.
Conrail got hack that's a small exchanger so it has impact in price of digital currency
every drops better to buy some because this is only the cycle here so try always
buy btc,eth,ltc,bch and dash then try also neo,bcc,nano risk some in this coins
every drops better to buy some because this is only the cycle here so try always
buy btc,eth,ltc,bch and dash then try also neo,bcc,nano risk some in this coins
The marketing is going down so that people will ahve the opprotunity to buy more and more. And the more people start buying, the more the price starts to rise again. I think this has been the normal happenings with cryptocurrency market. You dont expect it to continue rising everyday, do you?
As Bloomberg published a news about exchange got hacked, this causes the market crash. We need to wait for next week to be recovered.
do you think that these negative news may affect cryptocurrency market so hard? may be there are some reasons that we don't know?
Speculation. Whales will rule this market.
not of these cryptos have the legs to stand on there own yet, so when bitcoin goes down they all go down just how it works, ya everyone is taking a beating but just part of the game.
I didn't getting the point of cryptocurrency market going down from past 3 weeks. This the right time to buy more or existing from all my investment in coin and tokens.
Because big guys sell it. Most probably they want to at the lowest price, so they push it down. Just keep waiting and get into the market with them, you can't miss it when they start buying.Yes i guess its their strategy to conquer the market, Its always been like that since the market , all you need to do is to hold your funds and wait for it to rise again, patience is needed here in crypto.
The market is going down, but are you surprised this is happening right now? Market will always go down and rise, its a normal trend in cryptocurrency. The market goes down and gives you and I an opportunity to buy more and hold so that we will stand the chance of making profit in the near future. So it is not strange.
As Bloomberg published a news about exchange got hacked, this causes the market crash. We need to wait for next week to be recovered.
Two factors to be considered to happen when things fall apart like this is maybe whales sells out some portion of the ASSET while the second one is when FUD are spreading around and the weak hands are selling
i have never thought about it that way, so maybe you have a point. I need to think about it for a while. Anywayl i prefer to stay positive I didn't getting the point of cryptocurrency market going down from past 3 weeks. This the right time to buy more or existing from all my investment in coin and tokens.
i think it is just the way things are, we can not really do dpmething about it, it is just life, nothing else. Get used to it, my friend
Two factors to be considered to happen when things fall apart like this is maybe whales sells out some portion of the ASSET while the second one is when FUD are spreading around and the weak hands are selling
I guess there is no particular reason for what is happening. Markets can't grow forever, that is simply unsustainable. There are cycles of growth, followed by a cool down, and during that cool down, where there simply isn't a lot of people buying, and some are taking profits from the previous bull run, it's normal for declines like this to happen. I've seen this in a lot of markets, and this is perfectly normal consolidation. Bitcoin is not a bubble, I think we all know that for now, so we just need to patiently wait for something to happen again, that could ignite the interest in this market again (ETFs, increase in adoption, institutional investors jumping in, etc). Until then, we will probably continue like this for a while.
Bitcoin and altcoin prices almost all decline, this is caused by the number of people who sell coins rather than buying coins, that's why the market continues to decline because the market is being flooded coin. And we can take advantage of this momentum to buy more coins to hold it until the market recovers.
I really don't know what the cause of the fall in the market price at this stage,everything seems to be on the low side with a lot of tokens and altcoin going down the deep. But even as this stage the good news is that it is the best time to invest in many altcoin and hold till we have a good price again and sell.
I didn't getting the point of cryptocurrency market going down from past 3 weeks. This the right time to buy more or existing from all my investment in coin and tokens.
Another decline was coming from the latest news of LA traders are getting jailed by the government. Those are wanna making free money should move to the outside US. And i guess the bitcoin can't even find any support line to bumping the price back again to the above 7k. You can try to see the fundamental things that supported this bearish through a lot of the reliable sources.
I think it is due to some news going round. I read from somewhere, but cannot vividly recall the link, but the info says that some exchanges are being investigated and people because of that are panic-selling.
I didn't getting the point of cryptocurrency market going down from past 3 weeks. This the right time to buy more or existing from all my investment in coin and tokens.
Because big guys sell it. Most probably they want to at the lowest price, so they push it down. Just keep waiting and get into the market with them, you can't miss it when they start buying.
It is necessary to study many factors that affect the fall of the exchange rate.This many do not like but in fact it's a game of big whales and only.Do not rush to withdraw your tokens at a low price.Over time, the course will recover
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