Post
Topic
Board Trading Discussion
Re: Until when does the price of crypto currency continue to fall?
by
agus_sna
on 18/08/2018, 17:26:41 UTC
What do you think of other crypto currency users, what do you think about when the price of crypto currency goes down like this?

Don't know if this is a serious question or just badly worded but...

The crypto markets will stop falling when the sellers and buyers are balanaced out. Then it will trade sideways.

It will go up when there are more buyers than sellers.

Its falling for many reasons, however mostly due to people getting emotional about losing money who bought earlier in the year and are sitting at 50-90% losses in their portfolio.
I am really serious but I am still confused at what price I have to sell, if now it is far from the purchase price ..
And from some of my analysis there are still many who are panicking to immediately sell their crypto currency, and if I think it will make them lose,