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Author Topic: What is the major reason for Altcoins fall?  (Read 3749 times)

Offline Jaguar

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Re: What is the major reason for Altcoins fall?
« Reply #30 on: May 11, 2021, 01:49:03 PM »
I have been observing Bitcoin dominance has something to do with altcoins prices. You can notice altcoins will move uupward if ever Bitcoin is moving in the same trend. If Bitcoin dump instantly we can expect the immediate blood in the market. I think Bitcoin movement manipulate the market.

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Re: What is the major reason for Altcoins fall?
« Reply #30 on: May 11, 2021, 01:49:03 PM »

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Re: What is the major reason for Altcoins fall?
« Reply #31 on: May 13, 2021, 04:35:42 PM »
Many people panic when coin prices fall, this will only make conditions worse. They are afraid of losing their money, but they panic too easily. The price drops have a lot of influence, one of which is bad news.

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Re: What is the major reason for Altcoins fall?
« Reply #32 on: May 13, 2021, 06:18:34 PM »
Many people panic when coin prices fall, this will only make conditions worse. They are afraid of losing their money, but they panic too easily. The price drops have a lot of influence, one of which is bad news.
Yes you are right, most of the people panic if the market goes red / goes down. We must remain calm in facing it, because it has become the law of the market. If the price goes up it will definitely go down and that correction is needed every crypto coin. Don't panic about selling, just keep waiting for the market to rise and sell. I think if the market goes down, that's the time to buy and hold until the market goes up and then sell it for a profit.
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Offline Aguacate_e

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Re: What is the major reason for Altcoins fall?
« Reply #33 on: May 14, 2021, 12:33:19 AM »
It is very close to exploding the bitcoin bubble, its dominance is close to the 37% it had in 2018.
Although the situation is different, so far btc does not have large losses due to institutional money.
Will we be part of the big surprise of 1M for BTC in a few years?..

Offline Senin

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Re: What is the major reason for Altcoins fall?
« Reply #34 on: May 14, 2021, 02:19:19 PM »
It is very close to exploding the bitcoin bubble, its dominance is close to the 37% it had in 2018.
Although the situation is different, so far btc does not have large losses due to institutional money.
Will we be part of the big surprise of 1M for BTC in a few years?..
Yes, Bitcoin's dominance level is now slightly above 40 percent, and therefore altcoins have risen well in value. However, I don't remember ethereum's dominance rate going up to 20 percent in 2018. A little more and the monopoly price dominance of bitcoin may come to an end. I would like to see how the cryptocurrency market will react to such changes. Including how it will affect the popularity and price of ethereum. I don't think it would be worse for the market and altcoins if there were two dominant coins instead of one.

Offline Aguacate_e

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Re: What is the major reason for Altcoins fall?
« Reply #35 on: May 19, 2021, 12:22:54 AM »
It is very close to exploding the bitcoin bubble, its dominance is close to the 37% it had in 2018.
Although the situation is different, so far btc does not have large losses due to institutional money.
Will we be part of the big surprise of 1M for BTC in a few years?..
Yes, Bitcoin's dominance level is now slightly above 40 percent, and therefore altcoins have risen well in value. However, I don't remember ethereum's dominance rate going up to 20 percent in 2018. A little more and the monopoly price dominance of bitcoin may come to an end. I would like to see how the cryptocurrency market will react to such changes. Including how it will affect the popularity and price of ethereum. I don't think it would be worse for the market and altcoins if there were two dominant coins instead of one.

Do not mention ETH, but it would be interesting if there were 2 dominant currencies, so as not to depend only on BTC.

So we will have more springs in cryptocurrencies...  ;D ;D

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Re: What is the major reason for Altcoins fall?
« Reply #36 on: May 19, 2021, 02:05:33 AM »
This situation always happens because every month altcoins are experiencing corrections, i see this post made in february and now in May altcoins price fell again due to price Bitcoin fell below $45k usd, Bitcoin dominance be a determinant of the altcoin price will go up or down, but I am sure after big correction happened, altcoin price will go up as it happened in april

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Re: What is the major reason for Altcoins fall?
« Reply #36 on: May 19, 2021, 02:05:33 AM »


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Re: What is the major reason for Altcoins fall?
« Reply #37 on: May 19, 2021, 06:16:47 AM »
 The sell-off in Ethereum and Altcoins is especially strong since the latest upside move was very fast, and traders rushed to get out of their positions in order to take some profits off the table.

Offline mahadev

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Re: What is the major reason for Altcoins fall?
« Reply #38 on: May 19, 2021, 10:39:24 AM »
The bear market is so persistence since last week and some people have lost some money in the crypto investment, what could be the cause of altcoins falling, i hope many coins in the cryptomarket should survive the bear market, because many coin cannot actually make it again after the crypto market may have increase in value

I think it just negative issue, because nelon musk.
But I see many investors still believe altcoin season will happen soon.
I personally agree with this prediction, Maybe at the beginning next Month, June we will see the market will go up again.
So, keep hold your coin and wait.
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Re: What is the major reason for Altcoins fall?
« Reply #39 on: May 20, 2021, 05:16:55 AM »
The best reason for cryptocurrency prices to fall is because they are "saturated". When the cryptocurrency market tends to continue to rise and it is difficult to stop it, it is certain that it will end in saturation.
With the Dump or Fall, every investor can seek profit from the bottom again, even though all of this requires something very hard, such as bad news from various world governments.
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Offline monig18

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Re: What is the major reason for Altcoins fall?
« Reply #40 on: May 20, 2021, 05:34:34 AM »
Yesterday's dump was a very bad dump.Very Bad news spread out in the market. Big whales are playing with the emotions and Money of the peoples.Exchanges are also part of this .Yesterday more than 4 Billions were liquidated within an hour.There were three types of  bad news for reasoning This Bad fall .First news spread out from ELON that they would not accept Bitcoin .2nd news was from china that they will Ban crypto. Third was that big exchange Binance is under investigation.Due to these Reasons Big down fall occured.

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Re: What is the major reason for Altcoins fall?
« Reply #41 on: May 20, 2021, 06:19:53 AM »
yesterday was so bad. it was really big dump and bad news for all investor. I had invest my savings money and really sad see the market, most of the people panic if the market goes red. I still have my asset on tokenomy.com. I wish this bad news will calm and over so crypto can grow up

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Re: What is the major reason for Altcoins fall?
« Reply #42 on: May 20, 2021, 06:25:19 AM »
Altcoins recent downturn appears to be part of a larger trend. Crypto markets tend to be cyclical and move from periods of domination to periods where smaller-cap assets reign supreme.

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Re: What is the major reason for Altcoins fall?
« Reply #43 on: May 20, 2021, 06:53:55 AM »
yesterday was so bad. it was really big dump and bad news for all investor. I had invest my savings money and really sad see the market, most of the people panic if the market goes red. I still have my asset on tokenomy.com. I wish this bad news will calm and over so crypto can grow up
FUDs as a result of Elon Musk tweets with regards to bitcoin was partly responsible for the dumping by many investors and newbies who wouldn't hodl their coin thus culminated to the drop in the prices of altcoins, yestarday was all red all thorough a lot altcoins struggled and the dump in the price bitcoin was massive this month was 30% compared to the previous months which was 10% respectively

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Re: What is the major reason for Altcoins fall?
« Reply #44 on: May 20, 2021, 12:20:34 PM »
FUDs as a result of Elon Musk tweets with regards to bitcoin was partly responsible for the dumping by many investors and newbies who wouldn't hodl their coin thus culminated to the drop in the prices of altcoins, yestarday was all red all thorough a lot altcoins struggled and the dump in the price bitcoin was massive this month was 30% compared to the previous months which was 10% respectively

You are absolutely right in what you say, those tweets and weak hands have caused the market to go down. But that is not totally negative if we consider that this moment is a great opportunity for new investors, institutional and individual to enter the crypto market, people continue to accumulate as much as possible.
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MIXERO.IO
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MIX.NOW
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