Post
Topic
Board Economics
Re: Why do you think the market is down right now?
by
Anish02
on 27/09/2018, 09:04:41 UTC
is it all that is going on with regulations?

Big whales just waiting?

People do not believe in crypto anymore?

is it trouble in some countries in ASIA with laws and regulations?
The downside is normal in every market. I know people are panicking because the bitcoin has gone down so fast. Indeed, whales are controlling the market so that prices do not go down too much. I think the downside is that the dot-com bubble burst. The bitcoin going so fast will be the foundation for a strong downward move. that is the rule Grin
in each trading market , price moves up and down is normall.and we should adapted with this condition.dont againts the flow or we could die in market.in bearish market we could take best opportunity to buy coins in dip.
I did not find any news from the cause of the current decline in the price of bitcoin. well maybe people prepare for the possibilities that occur at the end of the month. well, hopefully the price will not fall far, and immediately go up again with a high price.
When the market goes down it doesn't mean sell your coins we have to buy more at that time. The whales also buy when most people buz of fear.
Yes, exactly it's all about timing and this is a golden opportunity for us to buy coins at a lower price. When the market is down you must have to buy the coins, instead of selling them.