Cryptocurrency

[oyitoto]

Well crypto is a disruptive technology that is still in it infancy age. The technology is struggling so hard to stand it ground as an emerging technology. Right now things move so fast and it can be attributed muchly to immaturity of the ecosystem. In time when the technology gets more mature, them price fluctuations will behind relatively more stable.

[atrizbtc]

Not just the crypto market is up and down but every market, where any type of selling and buying happens pump and dump. If the market didn't move how someone will make a profit? It is necessary for the market to be changeable for making users profitable.

And the price of any coin depends on its supply and market demand, if market demand increases the price will go up, so the market is volatile.

[Osama Sultan]

why crypto market is up and down  any buddy can explain

In simple way i say that if anyone buy any coin these coins sold by another person and price go up and sell as well ,
In crypto market there are many traders that want to buy and sell coins and they place orders at which price they want .

[cryptogamer]

why crypto market is up and down  any buddy can explain

It is very difficult to know the crypto market trend. I hope good days are near

[Maaz Sultan]

I hope good days are near  any buddy can explain

I hope good days are near

Yes you are right the good days of cryptocurrencies are very close and you will see the next bull run in 1 year so investing in top cryptocurrencies are very good choice.

[chongjasmine]

Some people create new crypto and sell it. Many people buy it and then sell it. That is why the price goes up and then down.

[cryptoworld1]

Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments.

[cryptoworld1]

A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Most cryptocurrencies exist on decentralized networks using blockchain technology—a distributed ledger enforced by a disparate network of computers.

[Crypto Master]

Because investors are buying and selling

[beatrice88]

The price really depends on a lot of factors. And you have to be a professional to understand everything in detail

[Abubakar56]

why crypto market is up and down  any buddy can explain

The explanation is simple, cryptocurrency is up and down because of the volatility, you don’t expect the price to be stable in a place. The price will keep on rising and dropping, that’s why people are able to trade it, if the price is stable, then people won’t be trading it, and if the price is stable, people won’t even be investing in it, everyone is investing just for the profit sake.

[compromise me]

Cryptocurrency is high volatility market so Numerous factors, including as macroeconomic trends investor mood, regulatory developments and market demand, can cause volatility in the cryptocurrency markets. The dynamics of supply and demand news on technical developments or security issues, and world economic situations can all have an impact on how volatile the cryptocurrency market is.

[Thyplaymaker]

That is called  digital currency eventually be Moving up and down due to its high volatility, or you want the price to be stable if it's stable where's the fun in it? Is expect to pump and dump that why you are able to make profit or losses. If it's stable you won't be making nothing.

[Pitter]

why crypto market is up and down  any buddy can explain

The explanation is simple, cryptocurrency is up and down because of the volatility, you don’t expect the price to be stable in a place. The price will keep on rising and dropping, that’s why people are able to trade it, if the price is stable, then people won’t be trading it, and if the price is stable, people won’t even be investing in it, everyone is investing just for the profit sake.

There are many reasons for the rapid ups and downs of the cryptocurrency market. One of them is market sentiment. Because the crypto market is more influenced by general sentiment people. In particular, people make decisions based on overall experience through various types of news or information through the media. Investors tend to buy when they receive positive news and increase their selling due to negative news. As a result, large changes can be observed among those assets.

The announcement of various regulatory changes by the government also greatly affects the market, making the cryptocurrency market so volatile. Moreover, the cryptocurrency market fluctuates widely depending on the economic factors of the major countries of the world. Any reason, especially inflation, economic instability can have a major impact on crypto prices.

Prices can also fluctuate widely depending on general market conditions and overall environment. Apart from the various factors mentioned above, some scams can also cause major price collapses in crypto. Hacking or scams happen because of security vulnerabilities that can make a big impact on crypto price fluctuation.

[Aanuoluwatofunmi]

why crypto market is up and down

Even someone who is not directly into cryptocurrency should understand the meaning of something being volatile, cryptocurrencies are not like fiat currencies,, they varies in price base on the rate on their demands and supplies, this same volatility is what makes the profitability in them, I will advise that next time OP you should learn at least the meaning of something from the Internet or through making use of a search button to know and also learn to give a quality post, topic or post content with meaningful thoughts.