Quote from: styca on June 03, 2018, 07:02:59 AM

Quote from: pstraene on May 27, 2018, 01:36:46 PM

a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?

The answer is that no-one knows for sure. Crypto is unpredictable, and the shorter the time-frame you use, the more unpredictable it is. Long-term we can expect prices to rise. Short-term however, who knows? There are many bumps along the road, but long-term the trend is steadily upwards. There is no reason for concern. Even the huge price drop earlier this year forms part of the overall upwards pattern - just look at the charts over a longer time period, say one year.

It was due to low demand of crypto currencies in the market, otherwise big whales in virtual community withdraw some of their savings because of digital crisis. There's a possibility that all price of crypto currencies will be back into original price even bitcoin, that's why they scared to invest now even in the altcoins. Hopefully that digital currencies will recover and instead of backing into original price they where increase again and beats the previous prices of those coin in the market.