Ninjastic
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Topic
Board Speculation (Altcoins)
Re: why is the crypto market down day after day?
by
KalaiBTC
on 10/03/2018, 05:11:26 UTC
Quote from: lestat2k7 on March 06, 2018, 04:34:55 AM
Quote from: OriginTrain on March 06, 2018, 04:25:40 AM
Quote from: Hallmader on March 06, 2018, 03:42:57 AM
Quote from: lestat2k7 on March 06, 2018, 03:35:00 AM
Whenever I check coinmarketcap, everything is in red:



I don't see any FUD, why is this happening?

Well, what you are seeing is a normal occurrence. Everything is turning red right now and then on the next day everything will be green and then on the following day everything will be red once again, and so on and so forth. That is what the market is all about. The crypto market is a volatile market and we will be seeing ups and downs all the time. We cannot expect the lines to go straight sideways. That means the market is dead.

And please, leave the FUDs behind. They are not the determining factor of all the price movements.

Except there is no real green. The green is slight one day, but then the red is higher the next, for nearly any currencies apart from a couple of random moons and BTC. As an overall, the majority of altcoins are crashing heavily, and have done so since Jan without any recovery.

Exactly my point, it goes deeper into red than green every time.
That’s a totally normal thing when the market in running in a bit of a downfall. When the prices of crypto currencies rises to reach all new time high, even in that span we see some red that are indications of small dips, in that case the green is far more in percentage then the red that occurs because the market is in uptrend. Its all the game of rise and fall of crypto market and capitalization.