Alt coin are bleeding badly - page 7.

OuterTech

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After ETF rejection, both BTC and altcoins are bleeding the same time

). I think we shouldn't worry too much about this case but we should spend our money to invest in altcoin at the moment to prepare for a big pump at the end of this year

. Complain will not make we become millionaire

). Try to find out good way to move although it's terrible era.

Maxre

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Quote from: GalaxyWorld on July 26, 2018, 05:49:33 PM

Quote from: renault18turbo on July 26, 2018, 02:49:14 PM

The strange thing is trading. If you keep all the funds in bitcoin, then at best the depot can grow 2-3 times. If the altcoins, they are constantly falling, but one good news and its can grow 10 times.

Yes, the decline of altcoin is due to the fact that the money from altcoin is being withdrawn to invest in Bitcoin due to the FOMO of the market. I still invest in a lot of altcoin because I appreciate the opportunity is very great and if you can invest in good coins, the effect is very high.

I think if bitcoin is already bull run alt coin will not be long again follow the trend of bitcoin.

hani1929

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you're right normally when bitcoin pumps these alt coins in the market also pump rather than dumping. but now they're not following the hype of bitcoin, maybe its because some investors of alt coins dump their coins and they buy bitcoin. maybe in the next month or after the bull run of bitcoin, alt coin will start recovering .. we will see what will happen to this altcoins but for sure it will rise again just like the old days.

GalaxyWorld

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Quote from: renault18turbo on July 26, 2018, 02:49:14 PM

The strange thing is trading. If you keep all the funds in bitcoin, then at best the depot can grow 2-3 times. If the altcoins, they are constantly falling, but one good news and its can grow 10 times.

Yes, the decline of altcoin is due to the fact that the money from altcoin is being withdrawn to invest in Bitcoin due to the FOMO of the market. I still invest in a lot of altcoin because I appreciate the opportunity is very great and if you can invest in good coins, the effect is very high.

blitz18

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Even altcoins were bleeding it will turns green as the usual price is up and down. So we have to accept the normal situation that price were always like this. When it will bleeding it will turns green again.

neocryptrix

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I can't answer the question why, but I can share the following observation. Since the BTC ATH in December the entire crypto space has been in a major crash pattern. We've seen the total market cap go from an ATH of 813,871,000,000 on January 7, 2018 to a double bottom of 254 billion and change on April 5th 2018 and again June 28th, 2018. What I've noticed about the major Altcoins was that if you bought them at the bottom on February 4th you made a lot more BTC if you sold at the high. Those who bought alts at the lows in March and April or again in June have been bleeding satoshi as alts have struggled to hold their value/BTC. What sense can be made of this?

My guess is that the individuals who are bringing the price down with their leveraged moves on Bitmex are gaining all the BTC they can before using it to reinvest into ALTS at the capitulation stage of this crash pattern. Either that or we have all been fools for buying and hodling alts and the only one left standing is big daddy BTC.

Please share your thoughts.

renault18turbo

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The strange thing is trading. If you keep all the funds in bitcoin, then at best the depot can grow 2-3 times. If the altcoins, they are constantly falling, but one good news and its can grow 10 times.

samcoin

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Altcoins used to pump when Bitcoin price stabilize, Bitcoin supposed to rise more, after that, money will flow into altcoins. However, the total marketcap is still $300 billion, it is very low compared to the ATH marketcap which was over $800 billion, so we can't expect the same rally as it was in December until we get bigger marketcap.

eucliffe

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Was that was it was?

Well for now, yes it is bleeding but not for long, I do believe that the bearish season will come to an end soon and the bullish season we are all waiting for will take over. For now lets hold like crazy since the Bitcoin is starting to recover and surely this will create a huge effect to the altcoins as well.

vicko27

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Behind The Curve

I see the bitcoin is recovering and I hope it will amplify the bitcoin signal to rise and altcoin I believe will follow bitcoin steps for improved recovery price.

iknowitsme

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HODL, dear friends, HODL. It's always like that. First BTC makes a move and only then our time begins. While BTC is moving - no matter up or down - we're falling. It's how the things work. Only after decoupling things will be different.

G2z_Riya

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Not every altcoins were bleeding low, with the market of bitcoin growing in a gradual manner, altcoins too were expected to grow along with bitcoin. To the predictions the reality has differed with bitcoin growing on a separate track and when ethereum showing signs of growth rest of the altcoins were getting marked with green signal.

miyaka26

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Opposite thing was happening to altcoins now some of them increased together with bitcoin but some are bloodbaths most probably people are selling altcoins out of fomo because of the ETF and they don't want to miss the chance to profit from that, we can expect some increases to some altcoins as other people tend to grab the opportunity to buy cheap altcoins.

hasna17

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I think it's only a short time, so you do not need to panic and to correct altcoin btc may take a few days, which then definitely will rise again. Since this is the spring of all coins, not the dry season anymore, I'm sure red altcoin will be a surprise.

Serveev

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Yes, all altcoins depend on bitcoin. I don't understand why either. There are many good projects that are better than bitcoin and still they depend on bitcoin.

psikolog

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Unfortunately. But to cross the ascension we have to fall first. Soon everywhere will be green and happy. Just a little more patience.

LankaJay

newbie

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Yeah. Rising of the bitcoin is a good sign. Because we can keep hopes about a good future. I'm pretty much sure that all other Alt will follow the movements of bitcoin sooner

dzelenyanskiy

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Quote from: Anniee123 on July 24, 2018, 12:51:38 AM

I think so. Most altcoin is still in a downward trend.
The market is still undercapitalized, which is the most serious problem

Are you sure about this? As far as I know, in general, the market shows growing dynamics, yesterday and today, the price of altcoins began to grow, after which a correction began. But there is an opinion that it will not be deep and maybe tomorrow everything will go up again!

mrphilippine

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The one who buys early are very lucky now because the bitcoin now have been back for being bullish. I hope that the trend will continue to an upward so that it will make my speculation correct on my technical analysis.

Warry

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I do not think like you. This may be the low altcoins rate, but not the potential in the future. I guess that in Q3 this year, the altcoins rate will rebind strongly and then the BTC rate will fall. If you have confidence in altcoins, then you should hold or sell to cut losses as soon as possible.

Topic: Alt coin are bleeding badly - page 7. (Read 1680 times)