I'm not worried at all because of this drop on almost all altcoins. In fact, if I had some funds I would buy several coins now before they rise again, but what do you think are the main reasons for this dip? Some coins have dropped to half their values and market cap, including very known and so far successful projects like PRL, Elixir, etc., and this dip has lasted several days (a little more than I was expecting). Just normal correction after months of green numbers? I just want to understand this a little better, but I'm not going to sell the coins I have now because of this.
Price should not matter if you are not willing to sell anything. I have lost loads of money on Elixir too, but from the other perspective it went up 500% and now its down 50%. PLR is feeling better than Elixir right now, but the reason why Elixir is bleeding could be a Bitcoin Diamond trading on Kucoin, everybody went crazy and tried to get that piece of a pie.I'm not willing to sell yet because I would assume a big loss, and I think this is only temporary. I'd buy more coins now if I could. I just wanted to know what could be the reasons for this dip, for learning purposes. It has lasted more than I was expecting. Bitcoin Diamond could be one of the reasons, but not enough to trigger this kind of global drop. Anyway, hope to get paid at my job soon so I can buy more altcoins before the dip is over
