Quote from: Zyborg on May 24, 2018, 06:16:14 AM

Quote from: BIT WRLD on May 24, 2018, 06:02:29 AM

why market is down day by day? there is any reason on this?

Market is down day by day due to some bad events.I have read in one article in Quora Digest that why prices are falling and market is too much saturated.
1.Mt. Gox sold some huge amount of bitcoin due to which prices are falling.
2.S Korea big crypto exchange Upbit investigated by authorities and police after which prices are down.
3.It may be policy of Big Whales to sell tremendous amount of BTC and when prices fell down to low level buy back them at low cost and sell them at higher cost.

Apart from the first reason, I highly doubt that the second and third reasons are responsible for the current bear market. This is simply the extremely volatile nature of the crypto market which swings up and down on a regular basis and is completely normal if you think about it. This is a great time to purchase any coins and tokens that you are interested in at low prices and HODL until them rise in value in the future.