Topic: Almost all Altcoins gained *against BTC* today!!! (Read 511 times)
It just seems that altcoins prices depends on the price of Bitcoin but it doesn't work that way. Bitcoin price may decrease. However, the prices of altcoins should increase continuously. This is essential for a healthy market. For now lets hope that his green days will last for long and hope the investors to comeback and put their money back to bitcoin's market.
I dont see so much gains like you. The most coins are just doing well with bitcoin together in my eyes.. I think Bitcoin and the altcoins will see a nice hand in hand pump soon! We just have to wait a little bit more for the bigger gains!
Most of them are just managing to have some little bit of gains gradually, nothing much. However, looking at the way things have turned out with bitcoin and the fact that we have been holding a little bit on price, is making the alts to rally bit by bit in a way. I wonder what next week is going to be coming up with in the market or probably, we may even get to see the next level by weekend. Almost all Altcoins gained *against BTC* today --- especially QTUM (one of Singapore based crypto project), LISK, and BCH (which I had sold off 50% and exchanged for Omisego (OMG).
Perhaps, the start of investors diversification of their coins, after the initial buy-in via "BTC" from Fiat, before/during the early recovery?
And perhaps it is indeed a good choice to go for (selected - base on careful/thorough research) altcoins when buying-in during a crash? -- I.e. lower MCAP coins saw greater %loss would likely see similarly high %gains when the market rebounds? — provided that the project behind it is sound, that is. Finger crossed that this trend will continue.
Perhaps, the start of investors diversification of their coins, after the initial buy-in via "BTC" from Fiat, before/during the early recovery?
And perhaps it is indeed a good choice to go for (selected - base on careful/thorough research) altcoins when buying-in during a crash? -- I.e. lower MCAP coins saw greater %loss would likely see similarly high %gains when the market rebounds? — provided that the project behind it is sound, that is. Finger crossed that this trend will continue.
Well all I can say is that I am really not surprised, in fact, I'd be damn shocked if this didn't happen. This is simply because of the increasing people who profit a lot on investing in different altcoins out there that are obviously altcoins which have real great concepts together with great hard working developers behind them. Of course this trend will sure attract more people that want bigger profits in small periods of time which then increases traffic in the altcoin industry. And judging by how early it is still, I can already see the numbers increasing more in the future.
between Alty and bitcoins there is a link which is very strong in it there is a pricing but nevertheless altcoyins some become very successful they can grow very much
Yes is seems that the market has stabilized already and most of the altcoins has recovered from the bloodbath that we receive.Lets hope that this green candles would last for long,because im sure these manipulators will take an advantages that the market has to offer.Surely another FUD would spread and most of the people again will do panic selling that will result another market crash.
the bitcoin course is relative to the altcoin course, just check out charts over the years. I hope it will change someday.
these 2 days was a good days for crypto,almost all coin grow up and i got i little profit from all coin that i invest.
i hope this bullish can keep continue and bright future will be come to all of us.
some people say crypto will be crash 1 more time before chinese new year.lets hope thats not true..
i hope this bullish can keep continue and bright future will be come to all of us.
some people say crypto will be crash 1 more time before chinese new year.lets hope thats not true..
Perhaps Chinese millennials, after having collected their red-pack money, will dump them all into cryptos, lol.
these 2 days was a good days for crypto,almost all coin grow up and i got i little profit from all coin that i invest.
i hope this bullish can keep continue and bright future will be come to all of us.
some people say crypto will be crash 1 more time before chinese new year.lets hope thats not true..
i hope this bullish can keep continue and bright future will be come to all of us.
some people say crypto will be crash 1 more time before chinese new year.lets hope thats not true..
I know this is definitely NEVER gonna happen. But I do secretly wish that if there is to be a filppening, DogeCoin will replace BTC as common crypto pairing in exchanges + the only coin that people can buy into cryptos via fiat. 
The flippening? Not till exchanges trade against something else, i.e., the utter tragedy of Tether.
A lot of people keep talking about Tether like this is going to totally shatter the crypto space. Please! What have we not heard already ? However, I have heard that some exchanges like bittrex are already making some moves on allowing USD trading pair on their platform. At least, I feel that should be good enough for the crypto space and curb all these rants about tether that is going on.Yeah, some of altcoins gained, some of them are still doing. I also noticed some pretty good bounce on Bitcoin Cash, I heard a conference is going on or coming up (not sure) that has to do with blockchain and cryptocurrency with Roger Ver being an invited guest in the conference and I am not sure if that is a coincidence, but it kind of correlated with the bounce. News though normally has a way of playing with the minds of traders, so I guess we see what happens next on this one.
this is a nice indicator for me. Always altcoins starts to move. Its same for market crash and market rise.
So its time to go to moon BTC!
So its time to go to moon BTC!
Yes I agree!
Its a good indication that the market is healthy.Also luckily I've sold all my Bitcoin Cash for Ether after it was pumped! hehe.. looks like its being dumped now. XD
this is a nice indicator for me. Always altcoins starts to move. Its same for market crash and market rise.
So its time to go to moon BTC!
So its time to go to moon BTC!
The market seems to be recovered from the worst bloodbath that we have experienced for about 2years,the previous market crash is the worst and it is a good thing now invetors are coming back,putting their money to cryptocurrencies again.
Great signs, market is recovering and soon we will see the excitement and FOMO again, taking the crypto market towards the skies, lets stay positive.
Almost all Altcoins gained *against BTC* today --- especially QTUM (one of Singapore based crypto project), LISK, and BCH (which I had sold off 50% and exchanged for Omisego (OMG).
Perhaps, the start of investors diversification of their coins, after the initial buy-in via "BTC" from Fiat, before/during the early recovery?
And perhaps it is indeed a good choice to go for (selected - base on careful/thorough research) altcoins when buying-in during a crash? -- I.e. lower MCAP coins saw greater %loss would likely see similarly high %gains when the market rebounds? — provided that the project behind it is sound, that is. Finger crossed that this trend will continue.
Surely the market has come to a bullish trend after the worst bloodbath we experienced.The total marketcap has already climbed back to 400B levels which is a good indicator that most investors are poring their money back to bitcoin. Perhaps, the start of investors diversification of their coins, after the initial buy-in via "BTC" from Fiat, before/during the early recovery?
And perhaps it is indeed a good choice to go for (selected - base on careful/thorough research) altcoins when buying-in during a crash? -- I.e. lower MCAP coins saw greater %loss would likely see similarly high %gains when the market rebounds? — provided that the project behind it is sound, that is. Finger crossed that this trend will continue.
I thought the same thing today when i looked at the charts at coinmarketcap. All alts was flashing green. Then i looked into it and i saw doge was around 58 satoshis. It was around 58-60 range for weeks.
It is probably just an illusion just like this guy said:
I still don't like bitcoin staying on %33 dominance though i also think it was inevitable. It was impossible to stay on %90+ dominance forever. There will always be new projects, ICO's, scams, alts, airdrops and one way or another some people will buy these and eat up btc's market share.
It is probably just an illusion just like this guy said:
no, you are just caught up inside an illusion because you just saw a green percentage in front of the altcoins when you looked at a webpage.
but if you get a closer look and pay more attention to the details you will realize that the "gain" was pathetic compared to the loss. and it is only because they lost so much that they are not recovering a tiny part of it back. it is not magic nor diversification. it is the same newbies falling into same traps.
if these newbies get lucky and bitcoin stays stable around $8000 then their bags will continue growing more in value. but if their luck runs out and bitcoin starts rising or worse starts falling they have to say goodbye to their investments.
but if you get a closer look and pay more attention to the details you will realize that the "gain" was pathetic compared to the loss. and it is only because they lost so much that they are not recovering a tiny part of it back. it is not magic nor diversification. it is the same newbies falling into same traps.
if these newbies get lucky and bitcoin stays stable around $8000 then their bags will continue growing more in value. but if their luck runs out and bitcoin starts rising or worse starts falling they have to say goodbye to their investments.
I still don't like bitcoin staying on %33 dominance though i also think it was inevitable. It was impossible to stay on %90+ dominance forever. There will always be new projects, ICO's, scams, alts, airdrops and one way or another some people will buy these and eat up btc's market share.
As long as BTC remains the main crypto that is widely paired with Fiat, its health will most certainly dictate the health of all the other cryptos. Hence BTC is king atm. (Although, I'm parking my bulk in ETH instead -- I am holding zero BTC atm).
But I doubt ppl in general are gonna start pulling their investment out of BTC but rather, people who have bought in to BTC with fiat are now moving to diversify as they would sooner or later. What I was saying above was that there is a delay between this diversification movement of funds, and the buying of BTC during the crash, and altcoin investers should take advantage of this now (or perhaps earlier as possible since they have already started to rise and recover).
My lowest MCAP coins are Nuls, Gulden, and Blackcoin. XD haha But I only put in like $100 each in them.
And I have very high hopes for OMG and Stellar, and the Singapore-based ICO that I've just bought XinFin (similar to OMG), to go past the moon, and missing Mars too, and heads towards the Asteroid belt! XD
But I doubt ppl in general are gonna start pulling their investment out of BTC but rather, people who have bought in to BTC with fiat are now moving to diversify as they would sooner or later. What I was saying above was that there is a delay between this diversification movement of funds, and the buying of BTC during the crash, and altcoin investers should take advantage of this now (or perhaps earlier as possible since they have already started to rise and recover).
My lowest MCAP coins are Nuls, Gulden, and Blackcoin. XD haha But I only put in like $100 each in them.
And I have very high hopes for OMG and Stellar, and the Singapore-based ICO that I've just bought XinFin (similar to OMG), to go past the moon, and missing Mars too, and heads towards the Asteroid belt! XD
Wheel keep rolling my friend, sometimes its on top sometimes its go to down.
It is not just about having coins in your wallet. The best is to ensure that one is having good coins with prospect that has bottomed out enough and showing good bullish signs. You can have some shit coins in your wallet and unless you are lucky, you may just end up bag-holding some of them.I dont see so much gains like you. The most coins are just doing well with bitcoin together in my eyes.. I think Bitcoin and the altcoins will see a nice hand in hand pump soon! We just have to wait a little bit more for the bigger gains!
Sure it will, and dont focus in one coin only, make your portofolio bigger, and have more coin in your wallet. Just make sure its not to much so you dont confused by it.However, looking at the way things are turning out, we may be expecting the altcoins to start doing good anytime soon if bitcoin obviously shows sign of improvement.
Saw some gains from ITC Great time to get into it right now. Rival to IOTA. https://coinmarketcap.com/currencies/iot-chain/
Great time to get into it right now. Rival to IOTA. https://coinmarketcap.com/currencies/iot-chain/
This is good news as altcoins are far more interesting to trade than bitcoin. However, i doubt it will last throughout all of 2018 as at some point bitcoin will rally and then everyone sill start to sell their alts to jump on the bandwagon. Better grab some alts and trade now before that happens - and make huge gains
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