Topic: Almost all Altcoins gained *against BTC* today!!! - page 2. (Read 513 times)
This is indeed a positive sign, but i'm afraid if btc dips a bit again another bloodbath on alts might come up. Keep your heads up peeps
An interesting aspect that I like to observe is despair, when the market is in decline, the forum turns to the area of regrets, questions of investments, opinions and great discussions, when will we learn when it's time for a trend? high or low. Tomorrow the market wakes up in red, bleeding again, many comments here will become in vain on this topic. In short, we must be cautious about investments, the trend it is neutral, watch the graphics closely.
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.
It seems the market has already back on track that is why most of the altcoins are showing greens,but we need to be vigillant because somebody might took this oppotunity to spread FUDs again which can make another panic at the market,surely most of the people again will believe to these fake negatives news which these giants has created.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.
Yeah lets hope so
else it will be a big shopping time for me again. XDAlso I wonder, for those ppl who have not already exited during the crash, would they even do so if theres FUD and are silly enough to sell during a crash? — and to HODL (provided that it is not a shitcoin, that is)
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.
It seems the market has already back on track that is why most of the altcoins are showing greens,but we need to be vigillant because somebody might took this oppotunity to spread FUDs again which can make another panic at the market,surely most of the people again will believe to these fake negatives news which these giants has created. 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.
Also, now in the news supporting my Op 
Cryptocurrencies Trade Mostly Higher, Though Bitcoin Lags
https://www.investing.com/news/cryptocurrency-news/cryptocurrencies-trade-mostly-higher-though-bitcoin-lags-1222165
Cryptocurrencies Trade Mostly Higher, Though Bitcoin Lags
https://www.investing.com/news/cryptocurrency-news/cryptocurrencies-trade-mostly-higher-though-bitcoin-lags-1222165
This is great news and I think it will continue until bitcoin decided to work as a community and improve its code. Right now bitcoin is still almost useless, even with lower fees.
Altcoins movement is completely depends on Bitcoin movement. These increase in altcoins can be seen only for few days ,once the bitcoin starts dumping badly again there be huge dump seen again in altcoins. Keep taking profit time to time.
If you look at the general trends for the last 4 months: https://coinmarketcap.com/charts/ the BTC dominance has been on a steady decline, while the other (alt coins) have been increasing their market share over time.
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.
This trend is indeed a good start after the bloodbath,but for now lets hope that his green days will last for long.Because the total marketcap has increase 4x in just few hours after the market crashed it is a good indicator for most of the investors to comeback and put their money back to bitcoin's market causing most of the alts to follow,recovery process is still ongoing,lets hope that there will no negative fake news or FUDs that will spread. 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.
If you buy on the deep obviously you will gain but those who buy on high and mid are still not recovering their paper loss. But i know it will pump againand all you need is a little patient to reap your reward.
Yes now we can see the gradual increase in the price of crypto coins in last few days after the unexpected market slump and we just need to hold on to the coins.
If you buy on the deep obviously you will gain but those who buy on high and mid are still not recovering their paper loss. But i know it will pump againand all you need is a little patient to reap your reward.
Yes, but here I am simply comparing of the potential gains when buying at the dip and keeping the injection as BTC, vs. diversifying a portion (if not all) of the injected BTC (after BTC have recovered a little) then into selected promising AltCoins that have not recovered.
If you buy on the deep obviously you will gain but those who buy on high and mid are still not recovering their paper loss. But i know it will pump againand all you need is a little patient to reap your reward.
However, bitcoin is the leader of cryptocurrency market. I find that more and more people are not optimistic about BTC, and they choose altcoin, which worries me very much.
Because when bitcoin plummets, it's a bear market.
Because when bitcoin plummets, it's a bear market.
What are you talking about here about the benefits you get. Outperforming (against btc) is not, BTC still has a price farther than altcoin. Apart from a significant price comparison some altcoins have either escaped or are not censored with btc fluctuations as you say.
Also, note that I was NOT claiming a case of Filppening at all, which I do not believe is realistic too.
Please see above.
Please see above.
You missed the point. Yes those coins may still have a long way to go before recovering to their original level vs Fiat, compared to BTC, however, I've converted to altcoin while the AltCoins still have not recovered yet after having bought into BTC earlier at 6.1kUSD. And only now then those AltCoins seems to start gaining.
Most of the altcoins gains against BTC were little, however I have a few that gained as much as 20% vs BTC atm from when I've traded in. The value of those coins before the crash isn't relevant in this case, and I don't need those coins to grow till the same MCAP as BTC to make gain in a profit (in terms of the amount of BTC that I would have if I convert all of them back into BTC now).
But I certainly have gained some extra BTC (equivalent) which I wouldn't have if I kept them all as BTC.
Most of the altcoins gains against BTC were little, however I have a few that gained as much as 20% vs BTC atm from when I've traded in. The value of those coins before the crash isn't relevant in this case, and I don't need those coins to grow till the same MCAP as BTC to make gain in a profit (in terms of the amount of BTC that I would have if I convert all of them back into BTC now).
But I certainly have gained some extra BTC (equivalent) which I wouldn't have if I kept them all as BTC.
No need to think if some altcoins can be similar to btc value because all coins here are good and we can earn in all of coins here,if you think eth is good now by btc that's might happen but still value of bitcoin is already in crypto so even you use ethereum in transaction or you use it and not bitcoin that's not good for you because ethereum and bitcoin are good to use here in crypto so don't pick one and don't compare different coins.
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.
Note: I'm referring to %gain here + the delay between ppl buying back BTC after the crash have stabilized and during the recovery. I speculated that there will be a time delay before those people start to do more research and diversify a portion of their BTC into Altcoins, etc. hence I decided to get into my selected AltCoins early and wait for the %gain if I turn out right.
More impressive pumps to come?
More impressive pumps to come?
Update: And now also XRP got pumped.
I own ETH, XRP, BCH, ADA, LTC, NEO, XLM, EOS, XMR, LSK, TRX, QTUM, VEN, OMG, ARK, and DGB + just bought the only ICO I have every bought, XDCE.
For altcoins, I only go for those that have MCAP that is above 20Mil USD + careful study of their history (before the crash) and research on what the teams behind it is doing, etc.
I own ETH, XRP, BCH, ADA, LTC, NEO, XLM, EOS, XMR, LSK, TRX, QTUM, VEN, OMG, ARK, and DGB + just bought the only ICO I have every bought, XDCE.
For altcoins, I only go for those that have MCAP that is above 20Mil USD + careful study of their history (before the crash) and research on what the teams behind it is doing, etc.
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