Alt coins are in red again ?? | Bitcointalksearch.org

poplolnman

legendary

Activity: 1442

Merit: 1008

Quote from: ThunderCatSteve on March 04, 2018, 07:32:07 AM

Quote from: guneytasyurek on January 30, 2018, 02:13:21 PM

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

Lets wait when people get their salary as January and February are broke months and people have spent a lot in November (for Black Friday) and for December for the holidays and New Year, and as always the first two months of every year are hard for the people and for the stores as people spent a lot, have taken loans which they should pay back those money. When the price crashes a lot it is known as corrections and people are very afraid to invest and some even sell them because they lose trust on crypocurrencies and give up, an interesting fact is that these people (not all of them) get back when the price start increasing and start buying at a higher price.

Makes sense, that's the fundamentals. Still it will have no effect when there's no other factor to boost the price, sometimes when a lot of people start putting their money back on certain altcoins but bitcoin remain stronger with its investors , altcoins price sometimes didn't follow and stuck where bitcoin grow quickly. Becareful always use the money that you can afford to lose.

BogdanGFTP

full member

Activity: 504

Merit: 101

I think from the middle January we are watching very deep correction and it will finish soon

prashanta

copper member

Activity: 728

Merit: 250

I’d like to indicate that the funding facts you are seeking out aren't always everywhere to be observed in the charts. rather, it’s in one’s ability to recognize and visualize the future of this market.

Rizwan Javed

newbie

Activity: 149

Merit: 0

This current prices may be really good opportunuties for buying some coins, but in my opinion, people should be extra careful about selling their coins in this term. It was expected to happen. There are really ups and down. Especially when the BTCs price deflate, Altcoins will follow. But just hold on and be patient.

reflector

sr. member

Activity: 826

Merit: 263

Quote from: ThunderCatSteve on March 04, 2018, 07:32:07 AM

Quote from: guneytasyurek on January 30, 2018, 02:13:21 PM

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

Lets wait when people get their salary as January and February are broke months and people have spent a lot in November (for Black Friday) and for December for the holidays and New Year, and as always the first two months of every year are hard for the people and for the stores as people spent a lot, have taken loans which they should pay back those money. When the price crashes a lot it is known as corrections and people are very afraid to invest and some even sell them because they lose trust on crypocurrencies and give up, an interesting fact is that these people (not all of them) get back when the price start increasing and start buying at a higher price.

We will find the bitcoin price bumped in the market. We need to check the price whenever it got dumped and then go ahead to purchase. If you does not have trust on cryptos you are not fit for investing on this field.
I see people are investing the fund on crypto currencies when the bump starts but actual fact we have to go with the purchase when the coin started bumping in the market but that is not a fact.

ThunderCatSteve

hero member

Activity: 770

Merit: 505

Quote from: guneytasyurek on January 30, 2018, 02:13:21 PM

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

Lets wait when people get their salary as January and February are broke months and people have spent a lot in November (for Black Friday) and for December for the holidays and New Year, and as always the first two months of every year are hard for the people and for the stores as people spent a lot, have taken loans which they should pay back those money. When the price crashes a lot it is known as corrections and people are very afraid to invest and some even sell them because they lose trust on crypocurrencies and give up, an interesting fact is that these people (not all of them) get back when the price start increasing and start buying at a higher price.

Falmera

jr. member

Activity: 280

Merit: 2

Quote from: setifien19 on January 31, 2018, 05:49:30 AM

1) It may be an usual correction
2) It may be due to the decreased BTC price , because alts price are depending on BTC's one.
3) News about Bitfinex & Tether subpoenaing may also have an impact on alts prices.

It is expected to happen. There are really ups and down. Especially when the BTCs price deflate, Altcoins will follow. But just hold on and be patient.

toantk

newbie

Activity: 793

Merit: 0

Alt coins are down because BTC is in downtrend or uptrend. It will be in uptrend if BTC is stable.

avia

member

Activity: 224

Merit: 11

Fluctuations in the crypto market is a normal event and numerous factors are actually affecting it. Investors, cash outs, and even corrections are some of the factors that greatly affects the value of a certain coin. Though, recently, we have observed that there were so many dips lately and one factor could be the the recovering state of bitcoin from last years dip.

novita_gendut

newbie

Activity: 196

Merit: 0

Quote from: guneytasyurek on January 31, 2018, 04:55:09 AM

Thank you guys , it is really bizarre that all alt are connecting to BTC , i m not sure those ups and down good for health

I m not very experince on the crypto world , since november i saw 3 big crash and wondering if it is going to continue on this way ? experts would explain this situation very well .South korea and chine shape coins future and i dont think it is good thing they could manipulate the prices very easily.

Absolutely because I think the low price is due to changes in financial law, If the BTC has decreased most likely many of Alt's coins are falling, which I do when the market down the only hodl.karena in South Korea can not trade

Vanopest

member

Activity: 209

Merit: 10

Red again, green again...1,2,3. I don’t even bother to pay attention any longer, as I’m confident in the crypto I hold and willing to give the teams behind team a chance to do the work necessary to make the project successful. To be honest, it annoys me a little when discussion surround “it’s up again, it’s doen again.” It speak to some investors lack of knowledge about the market. It sounds as if they expect it to just keep going up forever.

catapult

full member

Activity: 448

Merit: 100

Quote from: RandyMagnum on February 22, 2018, 05:39:18 AM

Quote from: catapult on February 22, 2018, 05:28:33 AM

I think this bad situation of the market is temporary. I think, by the recovering of the bitcoin, many of the altcoins can rise and reach wonderful prices again. In my opinion, all the altcoins need is more time.

it's very difficult to do nothing and just HODL. People want to do something like day trading, flipping and other shit moves. Don't impede them

Nobody can say that holding is an easy job

It can be really hard and stressful.

This current prices may be really good opportunuties for buying some coins, but in my opinion, people should be extra careful about selling their coins in this term.

Compa

legendary

Activity: 1006

Merit: 1000

many of altcoins is going down today
It is better to choosing hold for the long term if like this.

bakasabo

legendary

Activity: 2450

Merit: 1209

I have noticed, that starting from this year market is often red than green. I havent monitored last year, but I doubt it was mostly red...

AndrZG

newbie

Activity: 96

Merit: 0

It is a correction. I'm not worried. After red, as usual, the price will be in green again.

Minor Miner

legendary

Activity: 2380

Merit: 1019

Be A Digital Miner

Yes, the market is red again... and we hear a lot of hysteria around. I think that this fall will not be too strong, as bitcoin has many strong support levels. Most likely, that the price will not go down below 9000. Have patience and wait for growth.

topkhai

member

Activity: 351

Merit: 10

Quote from: guneytasyurek on January 30, 2018, 02:13:21 PM

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

I think that is a correction, since the beginning of 2018 the price of some coins experiencing uptrend, backwards for a while continue go up again. like that until now
This will probably last 1-2 months ahead. I suggest to hold your coin temporarily and see until middle of this year

Cnut237

legendary

Activity: 1904

Merit: 1277

The falls over the last day or so are just a reminder that we haven't yet cleared the bear market. Now is the time for either holding or buying, but not the time for selling. I think the markets will stabilize soon.

JuniAiko

member

Activity: 126

Merit: 10

DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh

Quote from: bakasabo on February 22, 2018, 05:51:41 AM

I'm quite fresh on crypto market, but somehow I started not to worry about red coins.
Cant explain why. Just got the feeling like "I dont care anymore, I'll just wait"

EXACTLY! If you do not sell, you STILL have the same NUMBER of those coins. Wink

So long as the coins you are HODLing are those of solid crypto projects with a strong team/developer supporting it. A high market cap of >30mil IMO would be a much safer bet than one with lower MCAP, IMO.

klser

member

Activity: 266

Merit: 10

In my opinion, because there are holidays in China. That happens every time. It is necessary to have a patience and to wait a little.

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