Post
Topic
Board Speculation (Altcoins)
Re: Why is the price of most coins decreased?
by
gilangIDR
on 30/01/2018, 07:47:36 UTC
Since all cryptocurrencies are linked to Bitcoin, most of the other cryptocurrencies fall following Bitcoin as the price of Bitcoin declines, which of course is a big drop. As for why it's a good time to invest in cryptocurrencies, you can get more coins at a lower cost because all currencies are falling.
yeah because many people likes bitcoin than other crypto thats why someof them are shuttig down or getting decreased because some vcoins are not successful in the market economy
Indeed there are some coins that can survive in these conditions, but it will not last long. The price of most coins will follow bitcoin as a benchmark. When bitcoin prices decrease then altcoin prices will decrease, but when altcoin prices decrease then not necessarily the price of bitcoin decreases. That is why bitcoin greatly affects all the conditions that exist in crypto, when bitcoin can be strong then I am quite optimistic that all other coin will experience positive progress.