Quote from: Pattart on October 11, 2018, 12:46:08 AM

Quote from: magneto on October 10, 2018, 10:51:07 PM

Quote from: Chom_ on October 02, 2018, 10:11:48 AM

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

I don't think that the current decline is as a result of panic dumping per se.

It's honestly just a natural part of the cycle that we are in. We've seen huge bullish rallies in the year of 2017 and thus, there will be corrections sooner or later, and that happened within this year.

That's the simple fact of it. The market sentiment has turned bearish because there hasn't been much activity within the market since the start of the year. There is absolutely no reason to panic and every reason to buy and use dollar cost averaging to your advantage, though.

I can't be sure of the reasons that have caused prices to decline lately, but what I believe from the beginning of the year that is FUD and the news about ban that made prices fall sharply, then some time ago was the rejection of ETFs, why are prices still stable at this low price? because market confidence has not yet returned to growth..

It is obvious when you do not make profit from your investment you will be definitely disheartened and will think something else. When lots of people lost their money due to huge dip in the price, most of them withdrew their investment or converted to Altcoin. They assumed bitcoin a Ponzi scheme and I think that whales are responsible for the whole situation.