Almost all the altcoins in red again! - page 7.

KuraJamban

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Quote from: numanoid on August 04, 2019, 06:39:56 PM

Quote from: Whibu on August 04, 2019, 06:32:30 PM

This is common in the Cryptocurrency market, when the price goes down, the coins will rise quickly. this is the fluctuation of Cryptocurrency prices.

The right opinion is, when crypto price rise, it will goes down quickly. E.g when bitcoin reached 20k from 7k, it took around 1 month, but when it crashed, we have been waiting for 1.5 years and it still didn't back.

Agree with you. When some coin price drop, it's hard to come back to its high price.
The reason why is because the cryptocurrency market is very volatile. So that's why we always see some coins which suddenly have a 100% price increase in just one night.
That's already common in cryptocurrency.

mikeymellow

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Quote from: Inkdatar on August 04, 2019, 03:56:13 AM

Quote from: ciang huang on August 04, 2019, 03:15:53 AM

indeed altcoin values have been unstable for the past two weeks, and I feel that this is a good and a bad thing. this is an opportunity to buy at a very cheap price but I worry when buying it will fall more than once and this incident I often experience

An opportunity to buy some altcoin with good project. It may red again but it will rise up again we just have to be patient in altcoin though some alts cannot survive in the market make sure invest only on those good project.

keep an eye on $FBN. I posted this on medium recently.

https://medium.com/@mikeymellow/indonesian-crypto-human-resource-development-224fcef7ed00?source=friends_link&sk=19c50206add9c5ea2dff674536b6cd78

numanoid

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Quote from: Whibu on August 04, 2019, 06:32:30 PM

This is common in the Cryptocurrency market, when the price goes down, the coins will rise quickly. this is the fluctuation of Cryptocurrency prices.

The right opinion is, when crypto price rise, it will goes down quickly. E.g when bitcoin reached 20k from 7k, it took around 1 month, but when it crashed, we have been waiting for 1.5 years and it still didn't back.

Whibu

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This is common in the Cryptocurrency market, when the price goes down, the coins will rise quickly. this is the fluctuation of Cryptocurrency prices.

altcoindeals

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I think part of the reason altcoins keep dropping is because everyone is starting to get more bullish on Bitcoin and may be consolidating for the upcoming halving event. They do seem to be recovering a bit though and I'm sure by fall of next year we'll see some really big booms in the altcoin market but I think for now people are focused on BTC.

adamin1i

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the expected inflow of money into the subcoins did not materialize. they are in very poor condition by volume and this affects them negatively. I hope the volume will rise and the rise will begin soon.

tonyvo2017

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Quote from: okala on August 20, 2018, 12:22:37 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?

when demand is more than buying demand and it takes place from 2 - 3 sideway days and there is no change, that is the main reason.
in crypto market, there are many traders and very few long-term investors. so when the market is not at the wave, they will be the wave creator.

Inkdatar

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Quote from: ciang huang on August 04, 2019, 03:15:53 AM

indeed altcoin values have been unstable for the past two weeks, and I feel that this is a good and a bad thing. this is an opportunity to buy at a very cheap price but I worry when buying it will fall more than once and this incident I often experience

An opportunity to buy some altcoin with good project. It may red again but it will rise up again we just have to be patient in altcoin though some alts cannot survive in the market make sure invest only on those good project.

ciang huang

member

Activity: 630

Merit: 10

indeed altcoin values have been unstable for the past two weeks, and I feel that this is a good and a bad thing. this is an opportunity to buy at a very cheap price but I worry when buying it will fall more than once and this incident I often experience

TrueColorsBby

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When altcoins are in red u should celebrate cause it means they are on sale bro.

MrPiggles

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Quote from: tins on August 02, 2019, 04:07:30 AM

Quote from: Furious 7 on July 31, 2019, 10:44:03 PM

Actually this is a promising opportunity, when the altcoin price drops, it's time to buy coins that have a chance to rise in the near future.
but be careful because we don't know the lowest price of the coin. Usually after bitcoin is stable, the altcoin will go up and we enjoy this moment. DYOR

I spent most of my USDT investing in XRP when it increased by more than 0.4 $ in June. After it reduced I still decided to retain this investment, because I felt that altcoin will be coming soon.

Altcoin is still at the adjustment stage and any investment will bring a lot of risks to you. Now that the bear market is still going on and there is no sign of stopping so I am sure altcoin will still fall more in the coming time. My best advice now is to just keep USDT or BTC because this is safest option at the moment and we can't be sure of the future of all altcoin.

Bitcoin Seller

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Quote from: el kaka22 on August 02, 2019, 02:03:48 PM

Quote from: playboy654 on August 01, 2019, 02:00:27 AM

Altcoins are just bumping and dumping from the recent weeks due to the fall of bitcoin price from $14000 to $10000,we can expect the green days if bitcoin reaches the next resistance.

Even when bitcoin reaches the next resistance, I dint expect altcoins to still leave the red market lane that they are. Most of the altcoins are not responding to the increment of bitcoin, and the more bitcoin increases, the more that altcoins declines in value. The only altcoins that usually work in line with bitcoin increment are altcoins that are within the top 50 actually, but sometimes could extend to the ones within the top 100 coin in the record of coinmarketcap.com.

I am not expecting any of those altcoins after top 100 to moon until bitcoin witnesses some consolidation, which is what usually lead to the high surge of some of these coins like we witnessed in 2017 and early 2018.

It seems that altcoins now have taken a curious decision: to go up and down together. I see that when one (at least ) token starts climbing, the other ones begin their movement. It happens when they are going to fall also. Thus, one day you open the site where you check crypto prices and see all are red, it means that another wave will come - they will turn green. Most of them.

el kaka22

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Quote from: playboy654 on August 01, 2019, 02:00:27 AM

Altcoins are just bumping and dumping from the recent weeks due to the fall of bitcoin price from $14000 to $10000,we can expect the green days if bitcoin reaches the next resistance.

Even when bitcoin reaches the next resistance, I dint expect altcoins to still leave the red market lane that they are. Most of the altcoins are not responding to the increment of bitcoin, and the more bitcoin increases, the more that altcoins declines in value. The only altcoins that usually work in line with bitcoin increment are altcoins that are within the top 50 actually, but sometimes could extend to the ones within the top 100 coin in the record of coinmarketcap.com.

I am not expecting any of those altcoins after top 100 to moon until bitcoin witnesses some consolidation, which is what usually lead to the high surge of some of these coins like we witnessed in 2017 and early 2018.

tins

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Quote from: Furious 7 on July 31, 2019, 10:44:03 PM

Actually this is a promising opportunity, when the altcoin price drops, it's time to buy coins that have a chance to rise in the near future.
but be careful because we don't know the lowest price of the coin. Usually after bitcoin is stable, the altcoin will go up and we enjoy this moment. DYOR

I spent most of my USDT investing in XRP when it increased by more than 0.4 $ in June. After it reduced I still decided to retain this investment, because I felt that altcoin will be coming soon.

imstillthebest

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Quote from: akram143 on August 01, 2019, 02:08:53 PM

so I think nothing is going to red it will easily came back again for the normal situation

Not too easy mate, if it's easy, it should have come back already, it's been over 1 year and altcoins are still down, that's why they can easily get affected when BTC rises and fall because they don't move independently, and people are not investing on old coins anymore, they like to play with the hype IEO coins in Binance, maybe we really need a bullish altcoins market but it will not start yet as bitcoin is not that bullish yet.

it is . the market of overall cryptos were dramatically recovered this year as when compared to thier run last year but there is that time ( this year ) that cryptos are decreasing . if you think alts are easily affected by btc then why would you say that alts are still down ? like i said earlier , the status of most alts were now improved and i think that is because of the help of btc . and how can you say that people arent interested on old coins anymore ? if thats true then btc , eth , bch and other older coins should fall down and wont recover anymore but its not the case that happen this year . people still prioritize old coins because this is the base of the new coins .

akram143

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Quote from: okala on August 20, 2018, 12:22:37 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?

definitely each and every currency struggling to become stronger but nothing will not leave the development very quickly and they are forcing its development to come forward so I think nothing is going to red it will easily came back again for the normal situation

slaman29

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Altcoin season came once and it will never come again, that's my strong thoughts on that. But this doesn't mean there won't be anymore x10 or whatever you want to call it. Alts are still in demand, the tech is still young and you need either 1 killer app or 1 killer platform, and you never know what demand can do to a coin. Just look at BTC and ETH for example!

playboy654

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Altcoins are just bumping and dumping from the recent weeks due to the fall of bitcoin price from $14000 to $10000,we can expect the green days if bitcoin reaches the next resistance.

Furious 7

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Actually this is a promising opportunity, when the altcoin price drops, it's time to buy coins that have a chance to rise in the near future.
but be careful because we don't know the lowest price of the coin. Usually after bitcoin is stable, the altcoin will go up and we enjoy this moment. DYOR

Ridho_ost

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not all altcoins are red. there may be green. if bitcoin is in the process of being corrected at the moment. it makes all of the altcoins red. if it is in correction later it will all come back green or stable again

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