Will Cryptocurrency Go Back Up/Rise Again? Or Not Explained!

Right now, world is shaking because of continuous drop in cryptocurrency prices since 15 January 2018, as top 500 cryptocurrency are dropped with average 20% per day drop rate and if we take look at coinmaketcap in which every cryptocurrency listed with price and 1 days price change, then only red sign display everywhere which indicate dropped in prices as well as dropped in coin market cap, as many investor wanted to know what actually happening with cryptocurrency, is all cryptocurrency dead or end of cryptocurrency market, there are many rumours and possible reason why cryptocurrency is falling in that one of main reason is South Korea banning cryptocurrency trading news which is turning out be fake and then as per report top 3 cryptocurrency and many other coin 80% mined and now they has increase their maximum supply because of this reason many investor believe there country also banned cryptocurrency so before respective country takes decision on legalisation of cryptocurrency we should cash out invested money, so sudden increase in sell of cryptocurrency it affect coin market cap, which automatically create impact on prices.

Will Cryptocurrency Go Back Up
Will Cryptocurrency Go Back Up

Will Cryptocurrency Go Back Up?

Yes, as there many cryptocurrency crash do come and go but this is one of the biggest among them because not only top 10 coin price affected but whole chart is affect by this crash, as something is surely there or it may some type attack by hacker or something else, as there many hacker activity reported from December like stolen coins, free coin generated without hashing and many more but as we know if there is dropped in price then it surely something big is going to happen just like that price will surely go back up and reaches to all time highest record set by each cryptocurrency, but it surely takes time to recover because after this biggest crash there is some security will added to Blockchain technology and many coin owner will going to make partnership with different Global industry to get quick recovery from crash, because now if any cryptocurrency show smaller growth will become point of attention and will get millions of investor in just one day, as right now newly launched cryptocurrency become sensation because after initial coin offering there is always growth in price with huge growth, because they showing growth right now they getting more investor than top cryptocurrency.

When will cryptocurrency Rise Again?

As we know December 2017 is trendsetter month for cryptocurrency wolrd in that month there was cryptocurrency crash on 18 December 2017, which was recovered in just 3 days but as we compare to 16th January crash to December crash then it 60% bigger so it takes 7+ days to recover which means after 25 January 2018 all cryptocurrency back in action and started rising with normal peak rate, but recovery will slower and it takes 2 or 3 weeks and then again on 1st and 2nd week will turning out be awesome in terms of growth rate and as we mentioned above those cryptocurrency whose maximum supply is almost over will show less price fluctuation and there are news coming from trade expert that they believe Bitcoin will start rise very soon with very growth rate and at end of 2018 Bitcoin price will reached to $100K USD, as we already there are many Prediction turning out to be false just like that this prediction expected to be false.

Read also: Next Top cryptocurrency to Invest

Top 5 Reason Why cryptocurrency is Falling

  1. Rumors South Korea country planning to ban trading and mining of cryptocurrency.
  2. Millions of Investor Sold out their coin investment.
  3. Newly launched cryptocurrency showing more peak rate than top cryptocurrency.
  4. Trading Portal is paused their Buy/Sell cryptocurrency.
  5. Fear of getting banning cryptocurrency

Is this Right to Invest In Cryptocurrency?

Probably Yes, Because right now every cryptocurrency prices is dropped by more than 55% so in future this 55% drop in price will be recover and expected to rise even more percentage so right now many people already thinking to buy coins, which result all cryptocurrency market cap value will be increased, as per theory if market cap value is increased then price will start increasing.