Post
Topic
Board Altcoin Discussion
Re: Why Alts In Red Again?
by
Kocret02
on 24/01/2018, 09:16:09 UTC
2-3 Days back we saw the huge dip in all cryptos, later market recovered a little bit but right now market is in red again!
Its because the BTC price is still declining it means the investors and financial institutions are still out of the market,their money isnt yet being put to the cryptocurrency market,do you remember the first dip of the year ?that was when they got their money out of our market.So i suggest to stick with your holdings do not trade with a risky or a losing trade the market it still sleeping right now so it is better to do nothing than to lose a trade.
investors still withdraw all the money from cryptocurrency it could be one of the things that keeps the price down. but we can be sure and optimist we still have to trade because the price will return to normal in the near future.