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Did you notice that, all the coins are losing values?

  • Thread starter Thread starter Sincerem
  • Start date Start date
Coin values are doing down. However, some coins are also already gaining their value. For examle, a day ago bitcoin was $49K usd but now it has become $51K.
 
Yeah exactly they all reduced in values including the mighty Bitcoin .I went to check my trust Wallet to see the rates of BCH when I noticed almost all coins have dropped on a percentage of 2-25 .But you don't really need to be discouraged at all try and keep your coins don't sell them off they will surely increase in values as the market goes again.
 
It's normal due to the volatility of the coins, the values might be dropping now doesn't mean it can't rise again in the future, even Bitcoin has dipped but investors still have high hopes
 
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Justin said:
I wish coin values will be dropped drastically so that they will be under my reach and I can start investing on any coin I want. LOL. Currently, all coins are so expensive that I cananot invest.
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I have a friend who always advises me to take advantage of buying cryptos when they lose their value, because in a short time they will go up and you will get the expected profits. Maybe this is the moment you were waiting for to be able to buy some coins.
 
It happens like that once in while for all coins to reduce in value especially when bitcoins is not performing very well in the coin market. A friend invested hugely on dogecoins 2 weeks ago when the price soar higher, as at today the price has fallen 40% of the buying price.
 
This is very alarming especially that that I heard that many investors have loses billions of dollars due to that price action. The reason why I can't be worry so much is because it's general issue.
 
I have come to observe that overtime what ever happens to bitcoin is reflecting on other coins too. Even a small dip in bitcoin reflects in dip in other currencies too
 
I think it's expecting to see the value of crypto currency drop every now and then. One can take advantage by buying the dip value.
 
The fact that cryptocurrency is falling in price does not mean that we should stop investing or investors should not invest again I believe this is the right time for us to invest because cryptocurrency Will bounce back in form
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Yes of course I noticed that all coin are losing value, but this does not mean that investors should stop investing or hold on, I believe it is best for us to invest now and soon the prize will come back to form
 
not all the coins are losing value if I can comment some are of high gain this which is very encouraging to invest and wait for time.
 
Sincerem said:
The last seven (7) days haven't been good around almost all digital coins. They're on the steady fall, notably, BTC, ETH, BNB, DOT, LTC, BCH, LINK, ADA etc. I hardly found green arrows around the prices of the coins in the last 24 hours nor last seven days.

Do you think it is time for bearish run around the coins??
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Yes this happened after the news of tax proposed on asset holders and traders, investors. The news caused a lot of bearish and as been difficult to rise since then
 
Dowenship said:
Yes this happened after the news of tax proposed on asset holders and traders, investors. The news caused a lot of bearish and as been difficult to rise since then
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The decision made by the US government came as a surprise to all us, because it affected the coins progress. Most traders pulled their investment out leaving the coins to face short time bearish run.
 
Sincerem said:
The last seven (7) days haven't been good around almost all digital coins. They're on the steady fall, notably, BTC, ETH, BNB, DOT, LTC, BCH, LINK, ADA etc. I hardly found green arrows around the prices of the coins in the last 24 hours nor last seven days.

Do you think it is time for bearish run around the coins??
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Yeah, when it opened my cryptocurrency application Binance last week, it was like a big shock to me because I never saw it coming. If I had, I would have sold some of my coin. Although, I know these coins would bounce back big time.
 
CeeJase said:
Yeah, when it opened my cryptocurrency application Binance last week, it was like a big shock to me because I never saw it coming. If I had, I would have sold some of my coin. Although, I know these coins would bounce back big time.
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Sure, already the coins are increasing again. The last two days i checked around coinmarketcap, BTC was valued $54k and BNB was valued at $545.
 
Sincerem said:
Sure, already the coins are increasing again. The last two days i checked around coinmarketcap, BTC was valued $54k and BNB was valued at $545.
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Yes, you are very correct my friend. What I have come to observe is that the coins keep going up and down. There is definitely something that is pulling the strings and it's allowing some people to invest more.
 
Mostee501 said:
Yeah ,when i went to my binance application, i noticed that all the cryptocurrencies has declined in value,but am not troubled because it is just a matter of time it will rise again ,am sure of that.
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And your prediction was very correct because Dogecoin and LTC has risen. Even BTC has risen from its initial dip. The key thing in investing in cryptocurrency is patience.
 
Their are time for bearish and bullish run. As at when the thread was made the coins where struggling, they endured bearish run.
 
The coins were experiencing their dips as at the time this post was made. But if you have aslo noticed, they all skyrocketed after sometime to what people started saying they're rising suddenly. That's how the cryptocurrencies behave most of the time.
 
There is a general frenzy that I have also noticed with all the cryptocurrency that they tends to move in the same direction most of the time. What I have discovered is that the price of Bitcoin seems to be controlling all of them most times, when the price of Bitcoin increases, the price of the rest of the cryptocurrencies increases too.
 
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