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Topic: All ALTs coin goin down (Read 472 times)

full member
Activity: 476
Merit: 100
The BISTOX exchange - OWN WHAT YOU TRADE
December 22, 2017, 06:38:06 AM
#52
We all saw big pumps of most coins/tokens. So, that's normal situation that after growth  should be the correction. I made i great profit for last days, so i can't camplain. Anyway im not going to open new orders, just stop loss orders, Christmas is not the best time of the year to trade.
member
Activity: 224
Merit: 12
December 22, 2017, 06:26:09 AM
#51
Alts are just adjusting to what the BTC's is doing right now,in less than 12hours alts are recovering fast so dont worry its just price corrections and its the perfect time to buy alts.
full member
Activity: 308
Merit: 100
Blockchain Just Entered The Real World
December 22, 2017, 06:23:35 AM
#50
Don't worry! Its just the effect of the sharp decline in the price of bitcoin. Usually when ever bitcoin drops suddenly it take the alts along with it for the ride.
sr. member
Activity: 308
Merit: 250
December 22, 2017, 06:21:12 AM
#49
China's strategy is very surprising, but we know that the world market does not depend on one country. For when the month is down but later there is time to rise again. There is one patience that we must bear. This will certainly bring wisdom.
 
newbie
Activity: 98
Merit: 0
December 22, 2017, 06:18:50 AM
#48
The fall of the market is normal, the stronger the spring is squeezed - the stronger it will shoot up!
the perfect time to shop for a long time
Exactly. Im sad i got 20% loss, but i decided to buy more!
But if it goes down another 10% then im not going to invest more Tongue

But since most altcoins are on the same level as they were ~month ago, i'd say now is the time to buy before we slowly climb up again.

People cashed in for christmas time, now its time to invest again.
full member
Activity: 378
Merit: 100
December 22, 2017, 06:12:09 AM
#47
This is temporary, 3 days from now are weekend holiday. Seems many people will not take risk to do trading on some market, i think they sell them coins into fiat for while. i can't be sure this is correction time or not, but i can advise you to hold it rather than buying more.
member
Activity: 67
Merit: 10
December 22, 2017, 06:08:22 AM
#46
Altcoin can not increase forerver, altcoin need correction as perform in today. Altcoin will bounce up once its correction is finish and i think it need few more week this get this finish.
sr. member
Activity: 546
Merit: 253
December 22, 2017, 06:00:47 AM
#45
haha, you should not be too nervous. at the end of year, people usually withdraw their money and get profit after one year trading. After lunar newyear, they will come back
member
Activity: 191
Merit: 21
Decentralized Security - DIW
December 22, 2017, 05:44:53 AM
#44
All ALTs coin going down with BTC price decrease. Is it a temporary situation ?


Everyone is cashing out before xmas period, i think its a normal thing to happen. Pump should begin before the year is up.
sr. member
Activity: 910
Merit: 252
December 22, 2017, 05:35:39 AM
#43
Its because of bitcoin price fall some good potential alt coins will raise for sure next couple of days . Now market moving towards taking profit once get stable people start to invest on alt coins .
member
Activity: 224
Merit: 10
December 22, 2017, 04:32:51 AM
#42
This is the standard situation when the bitcoin price fluctuates. It always happens. As soon as bitcoin stabilizes - all altcoyins will begin to return their value. Altcoins always grow when bitcoin is stable.
full member
Activity: 406
Merit: 104
December 22, 2017, 04:22:41 AM
#41
Well I'm only sad I didn't anticipate this and bought USDT, but I wasn't in crypto this time last year and didn't know. I'll remember for the next year Wink
full member
Activity: 602
Merit: 104
December 22, 2017, 04:13:34 AM
#40
The fall of the market is normal, the stronger the spring is squeezed - the stronger it will shoot up!
the perfect time to shop for a long time
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
December 22, 2017, 04:12:15 AM
#39
There are a lot of newcomers which are not patient at all and dump their cryptos now. It's the worst mistake for this market. Ofcourse it's temporarily, all we need is the patience Wink Lets wait for the whales return.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
December 22, 2017, 04:05:14 AM
#38
not all are down some are up look at verge, it's up and bitcoin gold it's x1.5, some other coin are stable like bitcore
sr. member
Activity: 623
Merit: 262
December 22, 2017, 04:02:29 AM
#37
I think it is just a correction, I can see the usdt/CNY has a very high price, that means a lot of money are coming in this market to buy some cheap coins, so I think it will recover soon and it is also a good time to buy more cheap coins.

You just nailed it and I have did exactly the same thing as I have stocked my wallet with good amount of Ripple as it has shown some good improvement in last one month but at the sametime  I have invested into few other ICO as well which I felt are the next big thing but as usual bitcoin will rise again after couple of weeks and the best strategy will be to buy some bitcoin and hold.it for future.
newbie
Activity: 84
Merit: 0
December 22, 2017, 03:57:07 AM
#36
All ALTs coin going down with BTC price decrease. Is it a temporary situation ?

not all, man. Take a look at the e-Chat
jr. member
Activity: 82
Merit: 2
December 22, 2017, 03:47:04 AM
#35
I was waiting for this correction of prices in the market. There is no eternal growth. Now is a great chance to buy altcoins at a cheap price. However, I think that we need to wait. It seems to me that today only the beginning of the correction.
Do you think that when BTC comes back, will people sell Altcoin to keep the BTC? And then Altcoin will continue to decrease or go sideways
member
Activity: 272
Merit: 12
December 22, 2017, 03:14:56 AM
#34
All ALTs coin going down with BTC price decrease. Is it a temporary situation ?


Yes, it definitely a temporary situation, altcoins are going down because nearly all of the altcoins solely depend on bitcoin, once  the festive period is over I think market will go back to normal and altcoins will grow.
full member
Activity: 261
Merit: 100
December 22, 2017, 03:13:07 AM
#33
I'm just a couple of months in crypto but I know that what happens now is normal when it comes to crypto currencies. I am well aware that there will be a correction for BTC's price sooner or later and that would be since a couple of days. I am a bit surprised with the behavior of altcoins though since what I've experienced was BTC down, ALTCOIN up but then I guess altcoins prices going down with BTC is also normal. One thing is for sure though, all prices will also go up soon.
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