Well I think in my opinion definitely there are losses and gains. For one to make gains in his or her business endeavour it must pass through some strain time accruing losses. So Cryptocurrency have been on the down in the last seven days. Some people will be making losses through this downtrend and others will be making gains too.
Crypto currency keeps loosing value since the US government has inflicted tax on crypto currency user and i am hearing now that the Chinese government has also put ban on using crypto currency, and its really affecting crypto currency.
Alright, that's a good point that matches your reasons, people get scared and sell their various digital coins when it begins experiencing bearish run,i rather store it because they value will eventually change.
I understand your point of view, different people have their different reasons for whatever they do which is normal and can't be questioned.
This panic that the whales cause are what makes the panicking investors in a rush to want to sell off their assets. The whales are ones simply buying it off them now for the major pump that is about to take place
Yes, that's Cryptocurrency investment for you. Where others fail, it will be a positive one for the other people to take advantage. Their are people who has been looking for the bearish to occur and it occurred they took advantage of it. I believe you'll seen the improvement around the coins in the last 48 hours??
You spoke wisely as an experience crypto enthusiast. The best we can do is holdl onto our invested coins, or buy more to increase our chances of profit as the coins increase in price.
I think its normal that crypto goes down because as I see the graph this happens before and the value goes up again. I must trust that crypto value will rise again
The downtrend have taking long, I'm just perplexed around it, but not too perplexed cos i invested what i can afford to risk. I just hope the bearish ends on time then bullish reign for long to help put the coins back in shape. I understand that Elon musk and Chinese government delisting and banning the coin is big part of the downtrend.
yes even with that I am not afraid ,everything will turn back to normal it might take few weeks but there is nothing here for anyone to be panic about because that is cryptocurrency, sometimes they always say that you may not be able to succeed in life without a little challenge
all the coins have been losing values because of the band of cryptocurrency in some countries which have invested more in cryptocurrency.
yes it's true and many expert sites already wrote that all coin may lose their value till few weeks because of the ban in many countries so be war and invest wisely
Yes, i believe it will return back to its normalcy and start moving up again. After the bear market comes the bull market, so I'm optimistic about such correction in the future.
if you have money this could have been the right time for you to invest in ripple because there is a prediction from a cryptocurrency trader that there is a possibility that ripple may be able to reach $100 each before the end of the year, it is just a prediction though
Such predictions isn't something I'll take into account to rush and invest into a ripple coin that is very highly volatile, which can crash down. I doubt if ripple will reach such amount this year, since its not even close to $2 currently.
Maybe you are thinking right but as bitcoin has gone very low and besides bitcoin, all coins have lost their value more from last 15 days and continue.
A colleague of mine from noise.cash informed us South Corea government is deciding to ban cryptocurrencies, following the example of other Asian countries. And around the world, more and more countries are banning cryptocurrencies. Obviously this trend undermines investor's confidence in the duration of cryptocurrencies. An Italian colleague of mine even stopped to use cryptocurrencies earning program due to these governmental decision, supposing it's only question of time Italian government bans cryptocurrencies too. No surprise this latter value decreasing.
You're right dear friend. All coins have lost their value since the bearish run kick started in the last three weeks. It is very much unpredictable to ascertain when the bearish will end.
