Alt coins are About to pump again! - page 5.

worle1bm

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Quote from: SuperMariob on July 05, 2022, 10:38:04 AM

Quote from: sensimilia on July 05, 2022, 10:06:04 AM

Quote from: shushu9977 on June 25, 2022, 02:38:12 PM

It is good for trader that almost all coins are pump, but this is going so fur or it will dump again. We see that there are many times, everycoins aredump at the lower order, but it will again back it's own position and crypto-trader sees it many times, so, be patience.

If your portfolio is in cryptocurrency and you do not need the money now, then it is advisable not to touch the portfolio at this time. But if you need money or are hesitant, sell your current portfolio and withdraw some money from the market. That money can be invested by looking at the current situation of the market.

Selling at the bottom is never a smart move. Unless you really really need the money.

But how do you decide the bottom? For me selling is not a bad option if you are in need of funds or you have made good profit from your investment and selling won't hurt you.But bad move is if you have invested at high prices and selling off during the dip in panic making loss which should be avoided.

Captain Corporate

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I have to say not many coins ever broke over their ATH over btc pairing, which means that BTC has been doing better than most other coins for the time being. Of course that means if they ever even get close, that would be even bigger profit. I say BTC is guaranteed and looking good, and add in ETH and BNB to that if you want and you got yourself a great combination. Don't go overboard, do not buy some silly meme stuff, just go with top three and you should be doing fine enough. Its not really a complicated thing, crypto is simple, you just gotta follow where the top leads you and you will be profiting enough from them.

LUCKMCFLY

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Right now I don't see it as possible that the alts are about to make a pump, the reason is simple and most people know it, if the BTC doesn't rise in price, hardly any altcoin will, and as we all know the altcoin that ETH is more famous, ETH is a strong currency, which has a very similar behavior to btc, which is logical, no currency could be above BTC, simply because no currency is older than BTC and they do not have a life of their own They also do not represent everything that BTC has gone through, many at one time classified it as a bubble, but it is clear that BTC is very solid despite the fact that it has no backing, therefore of all the altocns I would lean towards ETH and Monero.

wxa7115

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Quote from: sensimilia on July 05, 2022, 10:06:04 AM

Quote from: shushu9977 on June 25, 2022, 02:38:12 PM

It is good for trader that almost all coins are pump, but this is going so fur or it will dump again. We see that there are many times, everycoins aredump at the lower order, but it will again back it's own position and crypto-trader sees it many times, so, be patience.

If your portfolio is in cryptocurrency and you do not need the money now, then it is advisable not to touch the portfolio at this time. But if you need money or are hesitant, sell your current portfolio and withdraw some money from the market. That money can be invested by looking at the current situation of the market.

If you have no other option then it is true you will have to sell, however such a trader without a doubt broke one of the most basic rules of trading which is to only risk money you can afford to lose.

It is important to also keep some fiat in hand in the case some emergency were to happen, that way you will not be forced to sell your coins for a bad price in case you find yourself facing a situation like it, but unfortunately very few people do something like that and end up having to sell their coins at the worst possible time.

FlamingFingers

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Quote from: Mamun74 on July 03, 2022, 12:01:35 PM

Cryptocurrency has always went up to a new ATH every dip so maybe we see next pump, Altcoin price will be more grow in next pump.But Altcoin price depends on bitcoin price. I Think When bitcoin price will recover and price increase again then i think Altcoin price will more increase automatically. Cz both coin price have between good relationship each other.

Don't expect any huge movement for bitcoin for now, we are still in the bear market, any pump you see right now should be an opportunity for you to short it, bitcoin is expected to see a major rally upward towards the end of the year, October has always been a good month for bitcoin, since we all know that altcoins price depends on bitcoin we should wait till bitcoin show signs of upward movement before entering any position, or better still do a dollar cost average on altcoins on spot positions till the bear is over

SuperMariob

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Quote from: _BlackStar on July 05, 2022, 11:35:03 AM

While I don't think a rally is coming soon for the altcoin but a market recovery is possible but it's still pretty small. Do your analysis, don't trust too much on the micro-bounces you see on the chart because it's normal when lows are hit.

You may be able to make the decision to invest and diversify your assets with multiple altcoins, but you also need to be pretty sure that the trend is very dependent on how traders and investors treat bitcoin in the market. While the bitcoin price has still failed to break through the $22K to $25K resistance, so if you're pretty sure about altcoin rallying then I hope you should consider the risks. Don't be greedy, I suggest you wait a while and do a good analysis before making a decision.

Very hard to predict what will happen. I think this bear market cycle will be different from the previous ones.

_BlackStar

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While I don't think a rally is coming soon for the altcoin but a market recovery is possible but it's still pretty small. Do your analysis, don't trust too much on the micro-bounces you see on the chart because it's normal when lows are hit.

You may be able to make the decision to invest and diversify your assets with multiple altcoins, but you also need to be pretty sure that the trend is very dependent on how traders and investors treat bitcoin in the market. While the bitcoin price has still failed to break through the $22K to $25K resistance, so if you're pretty sure about altcoin rallying then I hope you should consider the risks. Don't be greedy, I suggest you wait a while and do a good analysis before making a decision.

SuperMariob

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Quote from: sensimilia on July 05, 2022, 10:06:04 AM

Quote from: shushu9977 on June 25, 2022, 02:38:12 PM

It is good for trader that almost all coins are pump, but this is going so fur or it will dump again. We see that there are many times, everycoins aredump at the lower order, but it will again back it's own position and crypto-trader sees it many times, so, be patience.

If your portfolio is in cryptocurrency and you do not need the money now, then it is advisable not to touch the portfolio at this time. But if you need money or are hesitant, sell your current portfolio and withdraw some money from the market. That money can be invested by looking at the current situation of the market.

Selling at the bottom is never a smart move. Unless you really really need the money.

sensimilia

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Quote from: shushu9977 on June 25, 2022, 02:38:12 PM

It is good for trader that almost all coins are pump, but this is going so fur or it will dump again. We see that there are many times, everycoins aredump at the lower order, but it will again back it's own position and crypto-trader sees it many times, so, be patience.

If your portfolio is in cryptocurrency and you do not need the money now, then it is advisable not to touch the portfolio at this time. But if you need money or are hesitant, sell your current portfolio and withdraw some money from the market. That money can be invested by looking at the current situation of the market.

blockman

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Quote from: sensimilia on July 04, 2022, 09:20:09 AM

Bitcoin is called the leader of the crypto market. The price of this bitcoin depends on the price of other alt coins. As the price of Bitcoin goes up, So does the price of other alt coins.

Bitcoin isn't depending on altcoins but you're right that the price of altcoins are depending on bitcoin.

Quote from: sensimilia on July 04, 2022, 09:20:09 AM

Today, with the rise in the price of bitcoin, the price of alt coins has risen significantly. However, the increase in the price of Bitcoin is temporary.

Also, the drop is temporary, that's why we get to see the increase this time. And it's the cycle that we have to embrace in this market because that's how it goes. Sometimes it's up, sometimes it's too down.

tygeade

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Quote from: sensimilia on July 04, 2022, 09:20:09 AM

Bitcoin is called the leader of the crypto market. The price of this bitcoin depends on the price of other alt coins. As the price of Bitcoin goes up, So does the price of other alt coins. Today, with the rise in the price of bitcoin, the price of alt coins has risen significantly. However, the increase in the price of Bitcoin is temporary.

I would say it is the reverse, price of bitcoin is not depending on the price of altcoins, it is the altcoins that end up getting pumped based on the bitcoin price and that is why it could be something much more reasonable. This is something that shows the power of bitcoin, it is certainly something quite important to realize that the best thing that could be done right now is investing into bitcoin.

Of course, it is not going to be getting you like 100x return or something, but it will certainly get you something that would be a bit more dangerous if you invested into altcoins and then realize that you did something wrong by picking one that goes down a lot.

sensimilia

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Bitcoin is called the leader of the crypto market. The price of this bitcoin depends on the price of other alt coins. As the price of Bitcoin goes up, So does the price of other alt coins. Today, with the rise in the price of bitcoin, the price of alt coins has risen significantly. However, the increase in the price of Bitcoin is temporary.

n0ne

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Quote from: palle11 on July 03, 2022, 04:11:55 PM

Quote from: wxa7115 on July 03, 2022, 03:30:34 PM

What we are seeing now is very similar to what we saw the last time we had to face a crypto winter, those thinking that a fast recovery will come soon seems to me as a extremely positive as there is not much of a reason to think something like that will happen.

I think is the same trend of things happening from the past till now. When the price hit above $60k and above then it appear as if it will always stay higher that way but after some while it started to drop down to below $20k and yet no one is sure where is the bear going. The price chart for this month still looking bear with that the price can keep dropping till the next candle formation for the month is known.

Altcoins are following the path of bitcoin. So, the market changes will be depending on the bitcoin market. During the past bear market there were few altcoins like BNB that perform to be on the bullish trend at times, but this time there is no altcoin to have an independent market progress. Hope this will change along with the bitcoin's trend change.

jeha2015

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Quote from: Mamun74 on July 03, 2022, 12:01:35 PM

Cryptocurrency has always went up to a new ATH every dip so maybe we see next pump, Altcoin price will be more grow in next pump.But Altcoin price depends on bitcoin price. I Think When bitcoin price will recover and price increase again then i think Altcoin price will more increase automatically. Cz both coin price have between good relationship each other.

i am believe next cycle will bigger than previous, alot investors interested with current dip. And maybe investors outside crypto market will also buy some crypto currency while looking bitcoin , eth or other major coins price. Bitcoin showing good reaction on 17k support and we hope the bottom is in now.

Ziskinberg

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Quote from: palle11 on July 03, 2022, 04:11:55 PM

Quote from: wxa7115 on July 03, 2022, 03:30:34 PM

What we are seeing now is very similar to what we saw the last time we had to face a crypto winter, those thinking that a fast recovery will come soon seems to me as a extremely positive as there is not much of a reason to think something like that will happen.

I think is the same trend of things happening from the past till now. When the price hit above $60k and above then it appear as if it will always stay higher that way but after some while it started to drop down to below $20k and yet no one is sure where is the bear going. The price chart for this month still looking bear with that the price can keep dropping till the next candle formation for the month is known.

Well, we are just about to repeat what happens in the past. Although we can't see their price are similar or even close to previous bear season, the sentiment is quite the same.

I am buying a few altcoins and many others because it is too believed that they will recover as to the moment that Bitcoin will rally again. I can't really imagine missing ETH before at @$200, $300 -- it become a mirror today that we can't simply predict the bottom but taking advantage of it will make us profitable when the bullish come.

palle11

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Quote from: wxa7115 on July 03, 2022, 03:30:34 PM

What we are seeing now is very similar to what we saw the last time we had to face a crypto winter, those thinking that a fast recovery will come soon seems to me as a extremely positive as there is not much of a reason to think something like that will happen.

I think is the same trend of things happening from the past till now. When the price hit above $60k and above then it appear as if it will always stay higher that way but after some while it started to drop down to below $20k and yet no one is sure where is the bear going. The price chart for this month still looking bear with that the price can keep dropping till the next candle formation for the month is known.

wxa7115

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Quote from: teosanru on July 01, 2022, 01:40:18 PM

Quote from: Cryptornd on June 24, 2022, 09:50:18 PM

Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.
Roll Eyes

It wasn't even a relief rally before prices have started to come down again. I think this time market will behave differently it will stay like this for some time so that the weak hands are fed up of the market and have no option than to leave the market. Only when a lot of people will leave the market you will start seeing some good pumps and until then big guns will accumulate all what these people have sold.

What we are seeing now is very similar to what we saw the last time we had to face a crypto winter, those thinking that a fast recovery will come soon seems to me as a extremely positive as there is not much of a reason to think something like that will happen.

The bear market will last for a very long time, this will have the effect of getting rid of the last of the weak hands and only once that happens and most people reach the capitulation stage then we could begin to see the price going up again.

Mamun74

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Cryptocurrency has always went up to a new ATH every dip so maybe we see next pump, Altcoin price will be more grow in next pump.But Altcoin price depends on bitcoin price. I Think When bitcoin price will recover and price increase again then i think Altcoin price will more increase automatically. Cz both coin price have between good relationship each other.

sensimilia

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Quote from: mk4 on June 24, 2022, 10:14:38 PM

The lowest point of ETH/BTC this year was like what? 3 days ago? And now that it bounced you're already coming to conclusions that it's already the bottom? While not impossible, you're being a bit hasty there mate.

As the price of Bitcoin goes up, the price of Olt Coins will continue to rise rapidly. Due to the similar rise in the price of Bitcoin, the effect of the increase in the price of Old Coin is not going to be noticed.

sklopan

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Again, analysts warned about this in advance. The result is now visible, so I would not be surprised.

Topic: Alt coins are About to pump again! - page 5. (Read 1376 times)