Topic: Why the Cryptocurrency Market Is Falling - page 14. (Read 1402 times)
Several countries recently(including China, India, and South Korea) have either announced intentions to regulate cryptocurrencies, or they have actually implemented regulations already. As these countries are among the largest economies in the world, trading volume from these regions and speculation regarding future investment from these regions have led to less buyers entering the cryptocurrency market.
Cryptocurrencies Are Caught in a Correction[/b][/center]
The cryptocurrency market is falling, which was completely contrary to the price action that characterized all of last year
Can anyone guide me??
I came across here...
https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-interest-rates-playing-havoc-capital-markets/?utm_source=rp.bitcointalk&utm_medium=referral
Why? No one knows but for me in my opinion bitcoin price is falling because of the supply and demand of bitcoin in the market. Just like in the real market if one product has a huge number of demand its price will rise up and if its demand is low the price will also get low.
Every time the price goes up a bit that mtgox trustee comes and dumps. That's why we had a correction, he sold as we were close to 10000 USD and we'll have to wait another month for a recovery. That is if he doesn't do it again and take us back to 6000. And he has a lot more coins to sell.
The current situation is of concern not only to investors but also to analysts. The drop in capitalization to 394 billion was a shock to everyone. The sale of assets of Mt.Gox could not produce such a destructive effect. Bitcoin began to fall when it could not overcome the mark of$9500. But I think that very soon bitcoin will go to the top and raise all records!
How do you think, market will grow or fall forever? Of course no. Market is a cycle. Thats not only in crypto. Everywhere. You should know this things before you start to do something here and dont expect that price will only increase
market liquidity is critical to developing fundamentally modified market sentiment, fluctuations caused by various sentiments from various sources and recent rumors, we need not worry about this because of the ongoing degeneralization pattern organically, I think the current bitcoin fluctuations very different from last year that many holders became more concerned with the turnover volume of many existing altcoins.
How do you think, market will grow or fall forever? Of course no. Market is a cycle. Thats not only in crypto. Everywhere. You should know this things before you start to do something here and dont expect that price will only increase
It will rise again, its all about the fluctuations.
Many causes have led to the price of the altcoin is reduced. Crypto market is too wide we can not grasp all the information why. But the most important thing is that we should hold them. regardless of market decline.
I know you posted this a while back, but just remember the word "correction" for a moment, so when this happens next time you won't wonder why. So what is a correction? Well its when a market reverses a direction after a period of overvaluation. Now you yourself noted that the market, for essentially a year straight, had a meteoric upward trend. My question to you is, do you think than a asset, especially one that isn't tied to anything (meaning its purely speculative), can go up and up forever (meaning there are always buyers) without eventually some percentage of those coin holders saying to themselves "geez, I wonder if this will go up literally forever, maybe I should sell?)? Its not shocking that there was a correction, what would in fact be shocking is if it went up forever, regularly marked by huge percentage points jumps, and there were never selloffs.
It's usual in cryptocurrencies market because of high volatility of Bitcoin and Altcoins. If you are following the market for the last years, you can see that always after a hard fall it'll be a quick rise.
Yes, how many times can you discuss the same thing? Growth without falling does not happen, you look at the chart (not only cryptocurrency market) you will see waves everywhere.
Yesterday to today, the cryptocurrency market is down slightly. The price of coin in the market also decreased. This is an opportunity for investors to easily buy coin in their wallet at low prices and wait for the opportunity to increase prices to find a large profit. The market will rise again quickly. I believe so.
Cryptocurrencies Are Caught in a Correction[/b][/center]
The cryptocurrency market is falling, which was completely contrary to the price action that characterized all of last year
Can anyone guide me??
I came across here...
https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-interest-rates-playing-havoc-capital-markets/?utm_source=rp.bitcointalk&utm_medium=referral
Cryptocurrencies Are Caught in a Correction[/b][/center]
The cryptocurrency market is falling, which was completely contrary to the price action that characterized all of last year
Can anyone guide me??
I came across here...
https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-interest-rates-playing-havoc-capital-markets/?utm_source=rp.bitcointalk&utm_medium=referral
I think what happen in the crypto market currently is purely adjustments or corrections wherein it is on the process of realigning the existing market and breaking the momentum in the coming weeks that will probably going to happen in the coming weeks. Therefore, just stay cool and hold your coins and wait for it's full recovery before deciding to sell your crypto coins.
I think the bitcoin market is being affected by the news that the two days, because bitcoins and other coins may be adjudicate as securities, cause a large amount of funds to withdraw. The market is in a very bad mood now.
Cryptocurrencies Are Caught in a Correction[/b][/center]
The cryptocurrency market is falling, which was completely contrary to the price action that characterized all of last year
Can anyone guide me??
I came across here...
https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-interest-rates-playing-havoc-capital-markets/?utm_source=rp.bitcointalk&utm_medium=referral
There are 2 reasons for the price drop in the Crypto stock market. The first reason is the amount of money entering the market. Keep track of Marketcap.
https://coinmarketcap.com/
When there is a large amount of money out, the prices are falling. When money comes in, prices are rising.
The other reason is popularity. The change between coins changes prices.
https://coinmarketcap.com/
When there is a large amount of money out, the prices are falling. When money comes in, prices are rising.
The other reason is popularity. The change between coins changes prices.
This is already commonplace in the world of Cryptocurrency, prices are rising and falling drastically. When many investors are buying coins, of course the price will rise due to the Great demand and small supply. but vice versa if the Investors sell their coins, the price will decrease because the supply of coins becomes a lot.
Once the holder dumps their possession in cryptos' its result to price falling in the market cap. Nowadays some holder of bitcoin decides to dump their possession in bitcoin because of the panic due to the price falling in the market cap. Due to this insistence, the market nowadays is turning to red. Once bitcoin price fall, most of cryptos value will fall same as happen to bitcoin because some cryptos are dependent on the bitcoin value.
I don't think this is something to be worried about esp that price is being corrected from time to time. This is normal. Lucky those who were able to gain much during BTC's peak prices! As volatile as it is, we can never predict what will exactly happen with its price cause it can further dip or maybe rise up again surpassing its past highest recorded value. Happy investing!
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