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Author Topic: What is the major reason for Altcoins fall?  (Read 3852 times)

Offline tvplus006

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Re: What is the major reason for Altcoins fall?
« Reply #45 on: May 20, 2021, 02:54:45 PM »
...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.

Only those who had previously sold coins and had stablecoins for purchases were able to buy coins at such a low price. The rest just watched as the price was reset and wait for the price to recover further.
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Re: What is the major reason for Altcoins fall?
« Reply #45 on: May 20, 2021, 02:54:45 PM »

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IyemRoker

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Re: What is the major reason for Altcoins fall?
« Reply #46 on: May 21, 2021, 03:01:15 AM »
We probably don't need to ask any more questions when Altcoins fell because we only saw the Bitcoin price fall or not?
The reason is, if Bitcoin falls then all the altcoins prices will fall too but if the Bitcoin Pump then many altcoins will falter to go up.
Unfortunately, the factor of Bitcoin falling is unknown because bad news is always there after all FUD news is present on online social media.

Offline tvplus006

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Re: What is the major reason for Altcoins fall?
« Reply #47 on: May 21, 2021, 11:55:22 AM »
..Unfortunately, the factor of Bitcoin falling is unknown because bad news is always there after all FUD news is present on online social media.

Infinite growth without correction is impossible. Many traders have been waiting for this correction for a long time, but the problem is that it turned out to be quite strong, and therefore many traders ' positions were liquidated.
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Offline Master107

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Re: What is the major reason for Altcoins fall?
« Reply #48 on: May 21, 2021, 01:17:50 PM »
...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.

Only those who had previously sold coins and had stablecoins for purchases were able to buy coins at such a low price. The rest just watched as the price was reset and wait for the price to recover further.

I agree.
To Keep watch is real.  :D
Some of our fellows leave for the mean time to anticipate the sudden sell. Some couldn't handle to watch the bloodbath market which can be define weak hands once sold on dip. Without stable coins during the dip, to wait the recovery is the only choice.

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Re: What is the major reason for Altcoins fall?
« Reply #49 on: May 21, 2021, 01:56:08 PM »
The falling price is a lot of factors, but it looks like this is a big influence from the decline in the Bitcoin price so the Altcoins price has followed suit. And in addition, coin holders who panicked and sold their coins made things worse and the coin price was getting lower. Don't blame them, because they certainly have a strategy to secure their assets. But the calm and patient person will get a double advantage, Altcoins fall the best way is to hold it.
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Re: What is the major reason for Altcoins fall?
« Reply #50 on: May 21, 2021, 03:14:13 PM »
I myself am very interested to know what action so affected the entire cryptocurrency market that it sank so much. What will continue to happen after such a fall, everyone just started selling everything and it will now be difficult to stop.
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Re: What is the major reason for Altcoins fall?
« Reply #51 on: May 21, 2021, 03:34:42 PM »
I myself am very interested to know what action so affected the entire cryptocurrency market that it sank so much. What will continue to happen after such a fall, everyone just started selling everything and it will now be difficult to stop.

As long as the market continues like this, we have many options to buy coins/tokens at an unbeatable price from my point of view. Most people are alarmed to see prices fall, but it is actually a great opportunity to invest where it was too expensive before. Buy, sell to accumulate stable coins, repeat, repeat...
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Re: What is the major reason for Altcoins fall?
« Reply #51 on: May 21, 2021, 03:34:42 PM »


Offline Zezari

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Re: What is the major reason for Altcoins fall?
« Reply #52 on: May 21, 2021, 04:30:40 PM »
The altcoin market reacts to every news or is it just done artificially in order to make another go up. If this is the case, then you will need to buy yourself a couple more projects at good prices for long-term prospects.
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Re: What is the major reason for Altcoins fall?
« Reply #53 on: May 21, 2021, 04:41:05 PM »
There is not just one reason for Altcoins fall. Many other factors could influence a correction like technical factors, market liquidity and circulation, headline news stories, shifts in regulations and policies, and more.

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Re: What is the major reason for Altcoins fall?
« Reply #54 on: May 21, 2021, 04:54:31 PM »
This is clear manipulation of the market from whales. I wont be surprised if they crash the market to the 2018 winter levels

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Re: What is the major reason for Altcoins fall?
« Reply #55 on: May 21, 2021, 06:46:13 PM »
There are many reason for crypto currency market fall. I think the main reason is for big crypto currency investors are going to quiet from the market. They are withdrawing their fund from the market. Another reason for traders in the market are going to sell their funds so that small investors are afraid for down grade the crypto market. So the small investors also sell their funds at a loss rate. That kind of thing are happening in the market so the price of every coin are falling down.

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Re: What is the major reason for Altcoins fall?
« Reply #56 on: May 21, 2021, 06:57:25 PM »
There are many reason for crypto currency market fall. I think the main reason is for big crypto currency investors are going to quiet from the market. They are withdrawing their fund from the market. Another reason for traders in the market are going to sell their funds so that small investors are afraid for down grade the crypto market. So the small investors also sell their funds at a loss rate. That kind of thing are happening in the market so the price of every coin are falling down.

Yes, I think the major reason is panic selling. Because the big investors have sold their coin and there are sevral negative issues.
But I still believe, thats temporary and the market will grow again.
So keep calm nd hold it. If you have free money, hold is the best way to do now.
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Re: What is the major reason for Altcoins fall?
« Reply #57 on: May 21, 2021, 09:28:57 PM »
I do not think we are approaching a bear phase of the market despite the terrible dump, in my opinion the market will recover slowly, the causes of this dump can be as varied as the tweets of Elon Musk or the partial ban on China, however, we must never sell at a loss but wait for better times

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Re: What is the major reason for Altcoins fall?
« Reply #58 on: May 21, 2021, 10:12:08 PM »
This is clear manipulation of the market from whales. I wont be surprised if they crash the market to the 2018 winter levels

I doubt if we are going to see something like that of 2018 but sure the road isn't not going to be a roller-coaster one especially now that bitcoin is struggling to keep up with $40k value.
The next level of support that's i hope we don't break down is $30k,if and if it got broken, then isn't going to end well for the whole market. Many alcoins will suffer collapse.
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Re: What is the major reason for Altcoins fall?
« Reply #59 on: May 21, 2021, 10:37:18 PM »
From the little experience am having in Cryptocurrency I believe what is happening currently is just manipulation of market bitcoin might still dump more currently market is very volatile and anything can happen currently we might see below $30k very soon.

 

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