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Why is every crypto currency losing value at the moment?

  • Thread starter Thread starter Josephjossy
  • Start date Start date
This is because the governments of world are banning cryptocurrencies and this is the major reason why cryptocurrency market is falling at such a rate. I do think that things will get better for crypto but it will take some time.
 
Rising and falling of crypto currency value is a very natural event. Tho certain factors usually affect it, it could be the effect of a law placed by the government, it could be caused by maJor shareholders selling of their assets etc
 
ahmedo24 said:
It is more reason why we keep learning on how to trade safely and I have come to realize that we shouldn't keep huge amount in cryptocurrency for too long.
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as long as cryptocurrency is for long-term investment there is no problem with that even if they are manipulating the market there is a good possibility that the market will bounce back, knowing when to sell and when to buy is always the problem
 
I don't know that a crypto user can still be surprised that a coin is going low. The coins are volatile and they can either go up or they go low. But each moment is a blessing to those that can use it wisely.
 
Jlife said:
as long as cryptocurrency is for long-term investment there is no problem with that even if they are manipulating the market there is a good possibility that the market will bounce back, knowing when to sell and when to buy is always the problem
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That shouldn't be problem , you just need to be patient and don't be moved by market bull run to buy when the coin is pumping also buy the dip.
 
It is the nature of the market. After a long wave, a short wave will accompany. This is mainly because of profit booking, when people start to booking profit, the prices tend to fall and at a lower value when the buyers starts buying again, the price will go higher.
 
ahmedo24 said:
That shouldn't be problem , you just need to be patient and don't be moved by market bull run to buy when the coin is pumping also buy the dip.
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seriously I wish I could keep to this advice that you have just shared with me because these are the things that I've been affecting me seriously,the fear of missing out is something that I've been making me to lose so much in the crypto trading platform.
 
Jlife said:
seriously I wish I could keep to this advice that you have just shared with me because these are the things that I've been affecting me seriously,the fear of missing out is something that I've been making me to lose so much in the crypto trading platform.
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Take that out of you, always be calm,.try to know more about the coins you want to invest on and if you are Investing in shit coins don't Invest when they are pumping high.
 
ahmedo24 said:
Take that out of you, always be calm,.try to know more about the coins you want to invest on and if you are Investing in shit coins don't Invest when they are pumping high.
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Most of the time I do Trade shit coins as you have just said,there are some times that when I buy a particular shit coin and the price is pumping when I sold it off the price continued to pump more, even more and in this case what should I do because I'm always afraid of missing more profit Which always make me to jump in again and It will end in loss.
 
Jlife said:
Most of the time I do Trade shit coins as you have just said,there are some times that when I buy a particular shit coin and the price is pumping when I sold it off the price continued to pump more, even more and in this case what should I do because I'm always afraid of missing more profit Which always make me to jump in again and It will end in loss.
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If you buy any shit coin and It has pumped significantly take off your capital and 50% profit and leave the rest to either grow more or dump.
 
ahmedo24 said:
If you buy any shit coin and It has pumped significantly take off your capital and 50% profit and leave the rest to either grow more or dump.
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Wow it's like you have understand most of this crypto trading strategy more than me, most of the time when most of this coin are pumping I usually leave all those things like that and at the end of the day it will start dumping more, I will start regretting the whole thing
 
Jlife said:
Wow it's like you have understand most of this crypto trading strategy more than me, most of the time when most of this coin are pumping I usually leave all those things like that and at the end of the day it will start dumping more, I will start regretting the whole thing
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Don't do that because Funndamentally pumping doesn't last forever so always take your share of profit as fast as you can to avoid losses.
 
ahmedo24 said:
Don't do that because Funndamentally pumping doesn't last forever so always take your share of profit as fast as you can to avoid losses.
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okay what if I am taking the profit that you have just said but the market keep on going up, what should be the best thing for me to do because this is the thing that I've been making me lose of the potential profits have been making,you mean that after getting out of the market whatever happened should be none of my business ?
 
Jlife said:
okay what if I am taking the profit that you have just said but the market keep on going up, what should be the best thing for me to do because this is the thing that I've been making me lose of the potential profits have been making,you mean that after getting out of the market whatever happened should be none of my business ?
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If the market keeps pumping at every reasonable pump in the market withdraw 50% of the assets because it is impossible for a coin to pump continuously.
 
Cryotocurrency is a very volatile market as of now.
It will keep changing right now.
As the market cap is has increased the volatality has also increased.
 
GIFTMICHAEL said:
When the demand and supply becomes low, and when uncertainty ruin the market. Surely it causes the coins to have blip in their prices.
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every cryptocurrency and losing value presently because of the band of cryptocurrency in most countries who have invested in electronic coin before and this is really making it to fall drastically.
 
Josephjossy said:
I just noticed that every crypto currency is losing value at the moment, what can be the cause because it looks strange
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Even me myself I was wondering what could be the cause of everyone crypto currency loosing value,but I guess is the scarcity of it in the market that could be the cause of it tho.
 
Rezwan said:
Cryotocurrency is a very volatile market as of now.
It will keep changing right now.
As the market cap is has increased the volatality has also increased.
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Yes the volatility nature of crypto is crucial to make profits , at the same time once can lose money if not properly monitored his/her investments and the market trends.
 
ahmedo24 said:
If the market keeps pumping at every reasonable pump in the market withdraw 50% of the assets because it is impossible for a coin to pump continuously.
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wow that's really nice that means you really get a lot of understanding of how most of this things work, I am very much interested to learn more from you or at least to have you on my WhatsApp page so that we can discuss most of this thing together.
 
Richard92 said:
every cryptocurrency and losing value presently because of the band of cryptocurrency in most countries who have invested in electronic coin before and this is really making it to fall drastically.
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Actually, I don't really know what caused the market to be on the steady bearish run. I'm just sensing that China ban and the comments made by business cog 'Elon Musk is driving the market low.
 
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