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Topic: Almost all the altcoins in red again! - page 6. (Read 5837 times)

hero member
Activity: 2170
Merit: 553
Vave.com - Crypto Casino
August 09, 2019, 03:44:42 PM
The price of altcoin is not a standard one. Not only altcoin priceis fluctuates, but also the price of bitcoin fluctuates .You need to use the fluctuations to inverse your money, instead of selling.Holding is the needed one in the altcoin .
hero member
Activity: 2730
Merit: 632
August 08, 2019, 01:07:42 PM
I think the price of altcoin has decreased like this because of the influence of investors who began to use their existing assets in altcoin and began to put it back into the bitcoin pair and want to take advantage of bitcoin price movements to look for profits.
Normal or casual thing that do happen.We have seen the dominance percentage of bitcoin which do increase overall against altcoins so theres no question that
investors do have higher confidence now with bitcoin that's why altcoin market would normally bleed on this area but somehow when the market tends to shift its weight then we would see different scenario once again.
member
Activity: 517
Merit: 10
August 08, 2019, 10:51:13 AM
I think the price of altcoin has decreased like this because of the influence of investors who began to use their existing assets in altcoin and began to put it back into the bitcoin pair and want to take advantage of bitcoin price movements to look for profits.
I also think if the investor's view regarding investment has changed. they no longer see altcoin as a profitable asset anymore, investment seems to focus on bitcoin which has better value and movement in the market.
legendary
Activity: 2352
Merit: 1101
August 08, 2019, 09:47:31 AM
Yes, now bitcoin sets the pace. Its dominance is growing, and given that new money has not yet entered the market, the money from altcoins is poured into bitcoin. Altcoins can give more opportunities to earn money, but also great risks.
We cannot say that new money is not entering the market, it does enter the market, just that new investors are making bitcoin their priority for the investment they are making. How much is in altcoins market that would not have finished if it were to be every time that bitcoin pumps that it means people are selling their altcoins for bitcoin, it is not every time.

The market of altcoins is bleeding now because there is fear everywhere because of their being not serious about their projects, and that is why you see that it is not every altcoins that is bleeding, majority of the altcoins that even has more of investors’ money are all responding to bitcoin increase, so I would not tie the increase to people selling altcoins for bitcoin. Many people are even scared of selling their altcoins now because of fear of missing out in case the bull run suddenly starts.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 08, 2019, 12:09:11 AM
But what I'm thinking is nothing is not stable for long time if we wait for something then we will see good result and changes in every cryptocurrency that we are holding so don't make the confusions very quickly and don't came to any ending in your investment for holding it will very quick and we need to wait for that.
The importance of doing your research will allow you to extend your patience  while seeing this types of market movements, the red frustrating scene from your holdings will make confusement towards your goals in achieving much higher appreciations of this industry, but there's always a good reason behind why you still keep holding your assets, the knowledge that you've learned from your research will make you continue to believe that bounce will be there to give you a good profitable results.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
August 07, 2019, 11:48:24 PM
I think investors are starting to sell altcoin assets to buy bitcoin and I see altcoin movement is very slow and traders can't feel the fast profit, investors are now turning to choose fast rising bitcoin and big profits, so it's only natural altcoin now often decreases but I see altcoin is now very strong or stable
Altcoin is heavily impacted by Bitcoin and if altcoin cannot increase during this period it will be very dangerous for investors because only Bitcoin is able to maintain great stability during the past few months. I think now only Bitcoin can be profitable for you because holding altcoin only makes you lose more money and not receive any profits. In my opinion it is best to hold at least 75% Bitcoin and 25% for altcoin
Investors for now really lose with tokens project. A lot of projects that already get money from investors, almost all of them is not really success and make investors lose their money. That is why altcoins, or maybe spesifically we called tokens must really get awareness by people. Because although i join some of their signature campaign, i usually pick it carefully and not want to waste my efforts.
sr. member
Activity: 493
Merit: 250
Don't trust "BBOD The Best Futures Exchange"
August 07, 2019, 10:13:18 PM
I think investors are starting to sell altcoin assets to buy bitcoin and I see altcoin movement is very slow and traders can't feel the fast profit, investors are now turning to choose fast rising bitcoin and big profits, so it's only natural altcoin now often decreases but I see altcoin is now very strong or stable
Altcoin is heavily impacted by Bitcoin and if altcoin cannot increase during this period it will be very dangerous for investors because only Bitcoin is able to maintain great stability during the past few months. I think now only Bitcoin can be profitable for you because holding altcoin only makes you lose more money and not receive any profits. In my opinion it is best to hold at least 75% Bitcoin and 25% for altcoin
full member
Activity: 938
Merit: 137
August 07, 2019, 01:39:54 PM
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?
This topic, I see, was written exactly a year ago - in August last year. In my opinion, one should not be surprised that in August, that is, during mass vacations, the price of cryptocurrency falls or, in any case, does not increase actively. This is a seasonal lull, which, in the end, gives the prerequisites for a good growth of the cryptocurrency market with the onset of autumn. Therefore, I think we need to wait a while and we will see a good growth of our cryptocurrencies in the last quarter of the year.
member
Activity: 728
Merit: 12
August 07, 2019, 01:25:21 PM
I think investors are starting to sell altcoin assets to buy bitcoin and I see altcoin movement is very slow and traders can't feel the fast profit, investors are now turning to choose fast rising bitcoin and big profits, so it's only natural altcoin now often decreases but I see altcoin is now very strong or stable
jr. member
Activity: 182
Merit: 2
August 07, 2019, 11:32:38 AM
Yes what you said is right but there is no issue for worrying because this not happened first time it's a very common thing and I think all alt member enjoy the way


The slight increase of the past few days is due to the up trend of Bitcoin to over $11,500 price, Very soon there should an exclusive altcoins bull run too, pending that time a lot of decrease may still be recorded.
jr. member
Activity: 203
Merit: 2
August 07, 2019, 10:37:50 AM
Yes what you said is right but there is no issue for worrying because this not happened first time it's a very common thing and I think all alt member enjoy the way
full member
Activity: 476
Merit: 120
August 07, 2019, 03:06:36 AM
 Yes, now bitcoin sets the pace. Its dominance is growing, and given that new money has not yet entered the market, the money from altcoins is poured into bitcoin. Altcoins can give more opportunities to earn money, but also great risks.
member
Activity: 227
Merit: 10
August 07, 2019, 01:28:25 AM
The market will return to green again but we cannot know when this will happen because the current market only has Bitcoin price rise . Almost all altcoin is at a very bad stage and the price increase of Bitcoin during this time makes a lot of altcoin have a huge decrease during the past time, so it is impossible to be sure of the uptrend of the market in the coming time and all Investors should wait more
Might be by 2020, for sure alts will bounce so better stay away from alts and bags some stable or a good advise is to really put your portfolio to btc at all as it is on its momentum at the moment. If you want to bag some alts choose those alts that are strong especially on the top 100 on market cap.
full member
Activity: 515
Merit: 101
August 06, 2019, 10:00:08 PM
unstable crypto market conditions cause the prices of all altcoins to decrease significantly. now we see if maybe someday the price of crypto will return to a high position and it will be green again.

The market will return to green again but we cannot know when this will happen because the current market only has Bitcoin price rise . Almost all altcoin is at a very bad stage and the price increase of Bitcoin during this time makes a lot of altcoin have a huge decrease during the past time, so it is impossible to be sure of the uptrend of the market in the coming time and all Investors should wait more
member
Activity: 555
Merit: 10
August 06, 2019, 07:56:11 PM
this is only a moment if in my opinion, altcoin is indeed unstable and there are still many price corrections adjusting the value of bitcoin.  but this is very good to buy Grin
legendary
Activity: 3178
Merit: 1128
August 06, 2019, 02:30:26 PM
I thought everyone had long been accustomed to these trading roller coasters. Now up, then out. What are you surprised at? Roll Eyes
No longer a surprise and now that bitcoin had reached $10800 again, the alts are more intriguing on why they aren't pumping. Some are staying on their current prices but some notable coins are also moving up.
Many are too sensitive with the prices, if the price of their favorite alts starts dropping they will look for a reason why it's happening. And if the price rises, they'll do the same.
I feel one of the reasons why altcoins are no longer gaining much dominance again is because they are no longer becoming popular again like it was in 2017, and one of the thing that affected its popularity was the issue of scam that was going on through it. Many investors now prefer to just focus on still the most popular coin Bitcoin, and maybe some top coins because if you look at it too, these are the coins that still have real use case and has products that people needs.

Many of the other coins you see have products, but people does not really need them, and how do you expect people to put money inside what they don’t need, and even if they need it at all, it will only be in a little quantity and would not be large enough to drive the market high.
member
Activity: 700
Merit: 12
August 05, 2019, 12:53:35 PM
unstable crypto market conditions cause the prices of all altcoins to decrease significantly. now we see if maybe someday the price of crypto will return to a high position and it will be green again.

Yes, everyone is hoping that one day the price of altcoins will surely increase in the market. Look at the coin price even the value of altcoin decrease in BTC and ETH prices. If you compare with other stable the coin prices have slightly increased.
member
Activity: 406
Merit: 10
August 05, 2019, 12:52:27 PM
Bitcoins dominance is hitting 2 year all time highs, and I believe we're getting closer and closer to a reversal of this pattern.

Altcoins are oversold, buy when there is blood on the streets. It's impossible to catch the bottom of the market, but diversifying into altcoins right now, might be a good idea after all.

My best bet in terms of upside potential if you want to get into alts right now is Stakenet (XSN)

I'm NOT saying this is the next "LINK", but this one DO have MASSIVE potential - 50x is not unrealistic given the fact that it's sitting at a $8 mio marketcap currently.
It's a fairly new project established in march 2018.

* Stakenet invented Cold staking (Trustless Proof Of Stake)
* Third project to implement lightning, next to BTC and LTC
* Multi Currency Wallet with 1-click lightning transactions and TOR integration for privacy is in public beta
* They've got a pooled staking service for small amounts of XSN
* Masternode as a service feature, making it extremely easy for anyone to trustlessly host their masternode
* Masternode monitoring tool, which let you know by email if your node goes down, also let's you know how many rewards you've accumulated and more!


later this year they will launch the first TRUE Lightning DEX, which will run on masternodes. All the masternodes will host the chains, which means nobody needs to sync with the network, submit KYC, or register anywhere.

If you're looking for a low cap gem, this is a good bet. IMHO

Biggest reason this will take off, is because the project itself enhances BTC and LTC by using the lightning network as a medium of exchange.
Imagine yourself being at work, you check the price of BTC, and notice it spiked $1000 in a few mins, and the first thought you have is: SELL and tether up! You can do that in seconds using the multi currency wallet, once USDT moves to lightning (they did announce that recently). All this at next to no fees, and with 100% privacy and safety, since you dont need to trust a third party to exchange your coins.
jr. member
Activity: 224
Merit: 3
August 05, 2019, 08:47:50 AM
#99
Altcoins are very unstable. I always see the picture when bitcoin is growing altcoins are falling, bitcoin is falling altcoins are falling. Why such an investment when they are so dependent on bitcoin. You can just keep bitcoin.

Bitcoin is dominating this market and all of altcoin is currently following Bitcoin's uptrend. This year the market has made a huge improvement prices but altcoin have not yet begun so this is the best opportunity for you to invest in cheap coins in the top 300 coinmarketcap. I personally have many options for you at this time like Atom, Deep, Top, Wink these are my favorite coins during the past time and always have a very high volume of transactions
I do not know if I am confused or you are confused, but what I see really is that bitcoin is dominating and altcoin is suffering from the pain in this process, most investors and whales are focused on converting altcoin into bitcoin. From there, altcoin's trading volume goes down, dumping occurs continuously, the value of most altcoin has been very catastrophic, I don't see it follow the trend of bitcoin, and people are discussing and predicting a lot with this strange trend
hero member
Activity: 1778
Merit: 504
WorkAsPro
August 05, 2019, 08:19:27 AM
#98
Altcoins are very unstable. I always see the picture when bitcoin is growing altcoins are falling, bitcoin is falling altcoins are falling. Why such an investment when they are so dependent on bitcoin. You can just keep bitcoin.

Bitcoin is dominating this market and all of altcoin is currently following Bitcoin's uptrend. This year the market has made a huge improvement prices but altcoin have not yet begun so this is the best opportunity for you to invest in cheap coins in the top 300 coinmarketcap. I personally have many options for you at this time like Atom, Deep, Top, Wink these are my favorite coins during the past time and always have a very high volume of transactions
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