Post
Topic
Board Speculation (Altcoins)
Re: Today's price drop
by
arwin100
on 31/10/2019, 09:22:45 UTC
Hello,

I've been shocked by the drop of ETH price today. So,I checked CMC and found that all coins dropped. I don't know what happened or why.

So, what happened today? Is this related to some news? where can I follow this kind of stuff?

Thnx

market not always rise, sometimes market will drop too, especially crypto market mate
because this market is very volatile, so, can drop and rise in short time
so, do not confuse, all you need to do is to learn how to grab a coin when the price down, then sell it when the price up
why need to be confused and surprised because it is a natural thing in the crypto market, a decline can occur at any time and price increases so too. of course all you have to do in the current market conditions is buy a lot of ETH and be patient waiting for the next price increase. buying at low prices and selling when prices go up is a basic technique in trading.

everyone knows that up and down are normal in cryptocurrency. but the main problem is there are too many drop started from june
dropping price make people lost their money if they buy, that's why they are confuse and dont just say it's normal to blame the reality

yes, i agree if we have to be smart to catch them in low and sell in high. we have to learn, as always.

Agree with that it's pretty normal but not all can understand the volatility since there are still newbie who gets panic when they see a downwards movement of the market and that make them a loser since they don't know how to counteract the situation. But actually we cannot blame them to react that since for sure all of us came to that situation.