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About price falling

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This may be true for some cryptocurrencies, but Bitcoin or Litecoin is incorrect, as the price of each of the two currencies is on the rise in general, you must be patient and wait until the end of the last quarter of this year. We may witness a rise in the prices of some cryptocurrencies such as XRP Ribble or DoGE

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Great you have brought this topic up, I'm sure many members are wondering what is gong up with the price of the altcoins these last days. I would say that the most fundamental reason in the price decline of some altcoins is that currently Bitcoin's dominance iis at 64.4 %, a high level indicating that most capital is being moved from altcoins to Bitcoin, resulting in a price decrease in the former. There's no reason to worry about this and as the price of bitccoin experiences less volatility, some capital wiill be moved back to altcoins. Indeed, a few altcoiins are currently showing a nice pump, see ADA, LTC, LINK, XRP. Hopefully, Yobit's tokens can similarly react in the short term. 

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13 hours ago, Maaz sultan said:

If you are new in the crypto trading field so i suggest you to dont sell your coins at this time and sell your coins if you see that market is going to dump and altcoins is becoming red this will help you to make a profitable trading without risk .

That is the easiest way to earn in trading my friend just buy whenever the price is a bit low and patiently wait for the value to rise again so that you will be able to earn something reasonable to your wallet and we should always select coins with potential to minimize the risk of losing.


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On 11/22/2020 at 1:35 PM, Oxygen99 said:

That is the easiest way to earn in trading my friend 

@Oxygen99 Yes, trading is an easy way to earn. But if you don't have the patience or the skills required for it then you can't become a successful trader. So, it is important that you first learn so that you can minimize your losses.


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On 11/22/2020 at 2:35 PM, Oxygen99 said:

That is the easiest way to earn in trading my friend just buy whenever the price is a bit low and patiently wait for the value to rise again so that you will be able to earn something reasonable to your wallet and we should always select coins with potential to minimize the risk of losing.

@Oxygen99...We know that trading is buying and selling.  So we need to be experienced in buying and selling cryptocurrencies.  If you come to trade without experience then it is risky for you.  So in order to trade we need to understand the past, nature and current position of cryptocurrency.  But you will buy coins when the price of a coin goes down and you will sell that coin only when the price of a coin goes up.  And this is how you can benefit.  But you have to be patient.

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3 hours ago, Cleaner said:

If you come to trade without experience then it is risky for you.  So in order to trade we need to understand the past, nature and current position of cryptocurrency.

I agree with you with this point of course  everything works with knowledge and experience when ever we lack some knowledge we really fall into a problem and experience challenges of loosing all the time. We need to first learn and then put it into practice.

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The crypto market is always fluctuating.  Currently the price of Bitcoin in the crypto market exceeds $ 18.  By 2021, the price of Bitcoin will exceed $ 2000.  In this way, the price of Litcoin, Ethereum, Toktoken, XRP, Doggy, etc. fluctuates.  So there is nothing to fear when the price goes down, wait, be patient, the price will definitely go up.

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I don't understand the altcoin prices a lot. I usually try to buy when they are low after a big drop like I did with Ethereum at $100 but I had to sell after 200% profit. Next it moved even higher for some reasons. I don't like to risk when altcoins prices are very high and try to sell them all for Bitcoin during these times. If Bitcoin has higher dominance close to 70% I make some trades but when it drops bellow 60% I start selling.

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I have observed Bitcoin breaking $19k today and other cryptocurrencies having made a big rally for a few days. I think the selling of the altcoins for Bitcoin will help BTC with a new all time high soon as altcoins reached a tipping point for now.

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Many coins are depreciating due to some reasons I believe which are: 1. Because bitcoin price is moving up too high, if btc goes deep, some coins pump, vice versa. Another reason might be due to December period, when many people sell to cash out for their Christmas needs. Only the whales knows the best time to buy, they buy this time when some people sell and later sell when the coin go up, I will just advice you to hold or sell and buy at cheaper price again.

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Price of Bitcoin is going for a new all time high and even altcoins were up a lot lately so I don't know why you see price falling. I hold a few alts and trade them and there was some profit made so I hope that the last few days given you back something. Altcoins need strong will to hold and not mind if the prices drop.

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I would like to tell us which cryptocurrencies you own so we can have a common ground when discussing this issue you have. Is it ripple, ethereum, something else? The market is moving higher so if you hold crypto that drops in price it should be something else going on.

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There is always volatility in the price of crypto and as one price goes down another is likely o go up because chances are that the demand is switching over from one coin to the other. My suggestion would be that you have patience in the market if you are looking to trade. To answer your question though as to why the prices have gone down i think this is because people decided to diversify their investment and reduce the investment into one coin, hence the price reduction. But now the prices are booming again and btc is over 19k. 

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I think that is some past and its really gone and so to me its important we just follow what we have today and work with that the price of crypto currencies have been going up very fast and to me its really important we are able to build up everything in the right time and in the right positions that we have today

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Other cryptocurrencies will rise and some will fall, I hope you didn't expect everything to rise at the same time and same rate. I don't know what else is the question about this. Also sometimes they will rise together some more others less and they will drop together without having similar rate.

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All the cryptocurrency prices are not depreciating at once some coins have been facing an increase in price while some are facing a decrease in price. I don't know which particular coin you are trying to talk about.

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Each coin have its own price trend so anything at once cannot be told about all the coins combined. The price of each coin depends upon its specific demand and supply gap.

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The prices of the crypto world are usually very not really easy to predict because there are a lot of work to be done because we need and have to make sure that we are building something substantial and in the end we are able to really define what is right and what is integrated that is important to know, the prices are not controlled systemically or backed by anything that is one situation.

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My dear which prices are falling? For a week now it is all crypto that are growing. Only the very bad coins will be drop in price or new coins that were listed very higher price. It is an market that is all rise for many weeks.

 

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Crypto price sometimes go up & sometime goes down it isn't the bigger thing. The important thing is wewre you capable to trade crypto for your benefits or not in the crypto world. Do check price volatility of crypto regularly.
 

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On 11/24/2020 at 3:48 PM, sarahyes said:

@mzk7736If the price of bitcoin rises, the cryptocurrencies will decline without exception ... but this is for a temporary period ... until the price of the bitcoin stabilizes ... the alternative currencies will rise ... only a matter of time ...

@sarahyes You are right, we must be patient, it is a good way not to lose all we have, Bitcoin may decline and other alternative currencies rise. We will see what happens?

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Sometimes prices reach very high and a correction is in place. We don't know when this will happen but some events can be the okex withdrawals and the miners that will try to sell in other exchanges. Also perhaps some investors will rethink after buying at 10k and had 100% profit in a few months. It is some events that happen and can change the course of markets. 

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i think the bitcoin is not about giving attention to daily price , yesterday bitcoin and many crypto currencies prices were down but this bitcoin price has raise with a good boost . that so clearly so good luck brother .

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If you still hold your coins until now then you are very lucky, only if your choice of currencies was correct and it was affected by the recent upward wave

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Yes you are absolutely right that all the digital currencies are now st their down price and i think that this is due to the condition of days. And now a days every thing is at it's lowest market rate.

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