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Topic: Almost all the altcoins in red again! - page 10. (Read 5863 times)

member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
August 21, 2018, 03:32:07 PM
#37
I think soo n all these etf applications will create a fomo effect in the market and we will see strong bulls back and if even one of the etf approves we will see massive bullish movements in the market for next few months.
jr. member
Activity: 294
Merit: 1
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
August 21, 2018, 04:09:36 AM
#36
We are still im a bearish market even with yue pump taht we have experience the recently. Now we see volatility in the market. This might be due to investors taking advantage of the pump and dumps. It can be green now and red towards the end of the day.
newbie
Activity: 50
Merit: 0
August 21, 2018, 04:04:14 AM
#35
the market trend is still down so Altcoin comes down, I think the end of 2018 the downtrend will finish we are looking forward to the bull run again
member
Activity: 140
Merit: 10
SPOKKZ
August 21, 2018, 03:39:34 AM
#34
I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
The situation is really very difficult now in the market, and I think that it is connected with the output of a large number of whales. This may be some sort of manipulation.
hero member
Activity: 2128
Merit: 520
August 21, 2018, 02:59:11 AM
#33
I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
Some people are impatient and some whales want to manipulate the market which makes it a real crisis. This situation lasts for several months and it is not surprising.
Learn from this current events, the rise and fall is not new if you trace back the history, those who knows how to wait and patiently holds most of the time are the achievers and really earn big profits, spare money can be used here and take some risk to buy more coins, waiting game will start before the year ends.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
August 21, 2018, 02:54:24 AM
#32
they are not red "again" they have been red for months if you look at the bigger picture!

what is happening is the continuation of the same dumps that started about 8 months ago. a lot of the small altcoins got dumped fast and clean reaching -90% for instance and then they have been having a healthy and in most cases green market.
but the bigger altcoins have been resisting the dumps from the start but the dumps are not something you can stop, all you can do is slow them down and that is what has been happening to big altcoins. you can see for example how ETH has been slowly losing its value from $1500 down to $200 and is still headed down.
newbie
Activity: 252
Merit: 0
August 21, 2018, 02:27:54 AM
#31
I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
Quite true mate that the altcoins have been in the red and that has become a trend in recent time but I don't see the pattern remaining so for long though. Bitcoin too has not been bullish as you might have expected but I see all of these changing as we approach the end of the year and early into next year.
full member
Activity: 294
Merit: 100
August 21, 2018, 02:22:10 AM
#30
I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
Some people are impatient and some whales want to manipulate the market which makes it a real crisis. This situation lasts for several months and it is not surprising.
hero member
Activity: 1610
Merit: 507
August 21, 2018, 02:13:43 AM
#29
it's only almost all and not all of the altcoins in red and it means, the other altcoin have the possibility to increase more and more, right? besides that, there is a green altcoin that still survives in the market. almost all is not the same with all of so don't get panic and it's better to stay calm and be patient because this will not go forever and this will be ended soon.
full member
Activity: 406
Merit: 101
August 21, 2018, 12:30:27 AM
#28
I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
Another trap for investors, nothing new. While the market does not bring any profit and is simply useless. It is necessary to wait when the brain returns to those who made this situation.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
August 21, 2018, 12:03:16 AM
#27
My friend, This time is really unpredictable for crypto market. All of the people are waiting for the SEC approvement and for the delay or rejection of SEC the price dumping a lot. this month and next month we would get 9 SEC to decide:
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/


It's a lot but we must be patience for that at least there will be one of them will be approved by SEC and that will give a hype to the bitcoin and this will give a big impact to the altcoin too.
a lot of people will try to bet on the ETF decision and SEC. This will be a very difficult time for us.

FORGET THE ETFs, no ETF will be approved this year, including the CBOE one, I would be very surprised if it were approved. The Media is putting too much emphasis in the ETFS so that the bears and shorters can carry on what they are doing, bringing the whole CMC to its knees. Expect Bitcoin to retrace to the 81% Fibonacci level at least before you see any sign of any reversal. The Bears are in control and no good news is having an effect on the market now only negative news, because that is the way they are playing it right now. Expect alts and BTC to bleed out even more, with just some pump n dump groups working in between today trade their stashes and make their profits.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
August 20, 2018, 11:49:30 PM
#26
My friend, This time is really unpredictable for crypto market. All of the people are waiting for the SEC approvement and for the delay or rejection of SEC the price dumping a lot. this month and next month we would get 9 SEC to decide:
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/


It's a lot but we must be patience for that at least there will be one of them will be approved by SEC and that will give a hype to the bitcoin and this will give a big impact to the altcoin too.
a lot of people will try to bet on the ETF decision and SEC. This will be a very difficult time for us.
newbie
Activity: 210
Merit: 0
August 20, 2018, 10:24:36 PM
#25
Already familiar with the red market, so don't panic, if you save a coin that will be down again, sell it now and hold a beautiful coin and have a future.
hero member
Activity: 986
Merit: 516
August 20, 2018, 10:09:34 PM
#24
My friend, This time is really unpredictable for crypto market. All of the people are waiting for the SEC approvement and for the delay or rejection of SEC the price dumping a lot. this month and next month we would get 9 SEC to decide:
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/

full member
Activity: 1134
Merit: 103
August 20, 2018, 10:05:06 PM
#23
Whenever there is growth in bitcoin price almost the price starts increasing again so don't worry about the current situation of the market. Even though the market is in red we càn able to make some profit when the market cap starts increasing.
newbie
Activity: 183
Merit: 0
August 20, 2018, 09:24:52 PM
#22
I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
A vicious circle created by sharks. It makes the trader unable to manage and confused. I am a bit disappointed about the market and am thinking of abandoning it
full member
Activity: 714
Merit: 100
August 20, 2018, 09:18:51 PM
#21
I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?

Obviously the bearish market is still in effect and that is why i told my friends before that it is too early to celebrate if the market become green and they should not easily to concluded that the bearish thing is over. So i guess i'm right because of this market red performance again and i hope next time they will not be easily to fall in this trap.
sr. member
Activity: 616
Merit: 250
August 20, 2018, 09:13:14 PM
#20
Can bitcoin and altcoin go down continuously to dangerous points? it's all relative because it depends on the state of each type of coin each though
bitcoin or altcoin coins go down very deep, of course it can rise again, however the increase is still relatively dependent on market enthusiasts and market demand as well as the strength of the buyers of bitcoin, altcoin which fully determines if the price is too cheap then automatically the players of bitcoin altcoin trading try to buy the coin at a cheap time then sell it again when the price is high because that is the high price and then sell again so the price goes down again and again the price goes up and down again.
full member
Activity: 406
Merit: 110
August 20, 2018, 08:40:08 PM
#19
I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?

All the more reason to BUY!

Altcoins are in the shits right now because of the bitcoin ETF that was postponed. Everything was sold after the announcement. However, this could also be a good thing because this means that once the bitcoin ETF decision comes closer next Monnth (Sept. 30), we should see values to rise in expectation again. This would definitely be a good time to buy more.
hero member
Activity: 2086
Merit: 994
Cats on Mars
August 20, 2018, 07:49:04 PM
#18
I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
You need to understand that we're currently in a bear market, prices tend to recover every once in a while, but they'll eventually go down again. That plus the fact that there's no buying pressure in the altcoin market (there hasn't been any buying pressure for a few months now), then ultimately you'll have this sea of red.

Just take advantage of the current situation and either buy some cheap coins right now, or wait a bit more to buy cheaper. If you don't want to buy anything, I'd recommend you to hodl your coins and don't look at the charts so often.
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