Alt coins better or stable during bitcoin lot of movement

donadoni212

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Quote from: imdad123 on October 11, 2019, 10:33:26 PM

it is noted last eight to nine months that bitcoin is not stable.bitcoins movement is very uncertain due to this altcoin are very badly affected.So it is necessary to predict movement of bitcoin to avoid unnecessary loss in altcoins.

It is note able that almost all altcoins are now 80%to 90% negative from their all time high due to this happen only bitcoin uncertainty.
Now this is not clear what happen to next on bitcoin near future because bitcions dominance is increasing and altcoin crasing.So becareful if you holding any atcons for long term investment ...

yes, of course, the value of altcoin also changes because the value of bitcoin is a reference of the value of altcoin. To be honest, the best coins to invest are the top coins.

MicroGuy

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Quote from: imdad123 on October 11, 2019, 10:33:26 PM

Now this is not clear what happen to next on bitcoin near future because bitcoins dominance is increasing and altcoin crashing.

It's pretty clear.

BTC as it exists today will become the 'banker currency' as transactions are forced onto regulated custodial nodes on L2.

This will cause a backlash which will see the rise of altcoins that have the ability to handle scaling on-chain using non-custodial mining nodes the way Bitcoin was originally designed.

gandame

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Not all altcoins are getting better or stable during the movement because in own search one bitcoin goes up some altcoins are getting down and some are going up.
It depends in situation not all altcoins are being stable if someone manipulate the price maybe the price will be stable.

Apaxy

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Quote from: Wintersoldier on October 15, 2019, 01:09:53 PM

Well, it depends, basically the reason why altcoins are getting better before is because the investors are buying bitcoins in order to pay a project in return of their respective coins. That is the reason why altcoins are somehow shows the same trend to bitcoin before. Bu right now, we can say that altcoins would be stable as the market hypes from ICO's isn't worthy at all unlike in 2017.

Of course, you need to agree with your opinion, but first of all, you need to analyze the cryptocurrency market and determine the statistics of really high-quality and promising altcoins so that their value is real and not created due to the manipulation of speculators.

Wintersoldier

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Well, it depends, basically the reason why altcoins are getting better before is because the investors are buying bitcoins in order to pay a project in return of their respective coins. That is the reason why altcoins are somehow shows the same trend to bitcoin before. Bu right now, we can say that altcoins would be stable as the market hypes from ICO's isn't worthy at all unlike in 2017.

mohdk52

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Altcoins are not the best way to make money, but as a way to store funds-a good one

Sadlife

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Quote from: ILuckyGuyI on October 13, 2019, 03:13:50 PM

Altcoin movement is not directly related to Bitcoin's movements. We have seen many examples as a proof.

can you give us even one proof that you have said Many examples?because it seems that i have not know about those because what i believe that bitcoin is the major factor on what is the market stands,if to grow or to fall

Quote

Also there are so many altcoins in the market and huge amount of them are useless.

this is what i think is must be deleted those altcoins and token that has no total value and almost dead.we have so many of them and you are right they are useless

Murat

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Altcoin is following always the footstep of Bitcoin price and trend, When (in 2017) the price of Bitcoin got high then also most of the altcoins got the same way, lots of Altcoins price were so high and the same thing we've seen in recent time that with the fall of Bitcoin price then Altcoins are also falling down, I think there is something within this system, it can be an intentional manipulation or price controlling syndicate and any other group who are the main responsible to make this situation, Definitely, Bitcoin price is being changed by the activities of some people's who are intentionally working behind this stage, So it's a tricky game, market is obviously making some sense.

d3nz

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Quote from: GreatArkansas on October 11, 2019, 11:07:42 PM

I remember again my experienced before if I can see some topic like this.

Since before, my portfolio are almost 70% altcoins and 30% Bitcoins.
See that allocation? And as we saw the lost of most altcoins are almost 70-90% lost. That was my worst days and months, and I felt relieved when I starting to convert some of my altcoins to Bitcoin in LOST. Well, tough decision but it's okay.

As you can see the prices of all altcoins are in huge loss and Bitcoin is still dominating in terms of price increase and difference between the volume. And some other altcoins that are in top 100 are worth to invest but if the value of Bitcoin is decreasing then it also follow up by altcoins which is realy affecting their value.

I think it is good to buy usdt than altcoins so the value will not br affected by down trend.

Fides-exchange

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Quote from: imdad123 on October 11, 2019, 10:33:26 PM

it is noted last eight to nine months that bitcoin is not stable.bitcoins movement is very uncertain due to this altcoin are very badly affected.So it is necessary to predict movement of bitcoin to avoid unnecessary loss in altcoins.

It is note able that almost all altcoins are now 80%to 90% negative from their all time high due to this happen only bitcoin uncertainty.
Now this is not clear what happen to next on bitcoin near future because bitcions dominance is increasing and altcoin crasing.So becareful if you holding any atcons for long term investment ...

This shouldn't be a surprise, look at what happened in 2008-2009 in the Stock market crashes, Ford stock dropped all the way down to $1.47 at one point. does that mean it's a terrible company? were they running it terribly?

The Answer: Nope! they didn't need any bailouts and the only real reason was fear around the world and the big credit crunches as people needed money and the deflation that was happening at the time.

It's normal for markets to move up and for markets to move down. Of course Crypto is more extreme in it's swings but it's a new asset/currency class so swings in either direction will be more pronounced.

Don't invest more than you can afford to lose or you can do without for a long period of time decided on well in advance of investing.

I do feel that there is hope in the future in late 2020 into 2021 for Crypto to have it's next bull run.

febriyana

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Altcoin price is like really hard to increased.
There is maybe some problem with altcoin, there is many project created and going to scam. That is make some people is not confidence to invest more in altcoin, they move to the Bitcoin as main currency.
But to hold Bitcoin is need strong mentality, maybe people also fear the price is stuck not going anywhere except turn down, so many people selling their Bitcoin. There is also supported with bad news. So the happen is like now.
I only recommended to still believe what you think, i still hold some bitcoin and altcoin. Hope they recover soon!

Leyss

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So far, the situation with the price of altcoins is very bad. However, I do not think that it will last long. If Bitcoin by the end of this year does not significantly increase in price and the expectation of many does not materialize, a reverse reaction may occur. Bitcoin may lose value and people will start investing in promising altcoins. It is impossible to deny the fact that altcoins continue to develop. Sooner or later, this will certainly affect their price. Therefore, I do not think that now we need to get rid of our altcoins. Their time is sure to come.

maxreish

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You can't blame the altcoin holders. Everytime bitcoin drops, their diversified portfolio also dropped. Blaming it all, pointing their fingers to bitcoin which I strongly disagree. They are not all worth to buy in the first place. Altcoins seems to go at dip when the market suffers from bear and they hardly pump or recover. Not realizing that majority sells their shitcoins that can affect coin's price. That's the reality situation of altcoins.

Yeah, they are also controlled by a pump and dump group. We should be aware that such group exists. I will not judge all the altcoins presents in the crypto market because there are still altcoins that has an established name, has a potential activity and has a useful contribution to the crypto community. But investors, take time to select the best altcoins to invest.

Oceat

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Quote from: Rufsilf on October 13, 2019, 05:33:19 PM

Quote from: Oceat on October 13, 2019, 03:47:19 PM

Bitcoin has nothing to do with altcoins, most of them are basically following what's the trend of Bitcoin that's why some of those coins drop their prices. It is the weak-handed people that you might have to blame since they are the ones who dump their Bitcoin instead of holding. And for those who have a lot of patience for holding Bitcoin, they were the ones that will receive the given profit during bull run.

Bitcoin can uplift altcoin's situation, it doesn't mean that all of them but only those who have potential. Leaving into the sentiment that Bitcoin is still struggling at dip condition, we can't say that altcoin could go far beyond bitcoin but rather to stay the same at low. But not to mention what will happen to the low-zero valued altcoins, they'll be totally dead at all.

Even though we could think that no big pumps happen this year but I'll be sticking into bitcoin until then. Keep waiting is the only way to save from losing but gain later.

That's why people should extend their patience level to HODL instead of dropping them off because they don't feel the sentiments on 2017 pump. We are way too close to that path let's just wait to finish this Q4 and at the start of Q1 next year there will be a good surprises that we are all expected.

royalfestus

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Quote from: timerland on October 13, 2019, 03:20:37 PM

Quote from: royalfestus on October 13, 2019, 02:32:21 PM

Quote from: Anonylz on October 13, 2019, 12:07:00 PM

At this point the attention is shifted to btc, investors feel more confident about hodling btc than alts during this period, but I think it is equally good to hodl alts that has no btc pairs but only usd in the main time for stability, these alts don't suffer much even when btc is experiencing a heavy fall in price. Just a thought.

I wish most altcoins move into usdt pair and dump the BTC pair until market revives, the dump of altcoin for btc was a big factor in price dump this year and the sentiment spread among traders. Recently binance adopted this tokenomics with some of its new listed coins,which is believed to improve the price as trade volume increases and project technology improves.

That wouldn't help that much to be honest, and I don't think traders would do that because most altcoin traders have gone from trading altcoins to just holding a lot of BTC, because of how bad the market is.

Before, altcoins would follow BTC's price movements (think 2017-early 2018) but nowadays there's no correlation due to how much bitcoin dominance is there.

There is no reason to support your opinion that it wont help. Traders may not like it but every good traders will adopt a working process any time. Altcoin has come to stay and we need to build a system that will make it work, if everyone decides to hold their bitcoin, the altcoin maximalist should do something at least to give their investors profit. It may take time but altcoin will at a time need to build an economic system that wont keep them relevant/useful. The idea is use case and good tokenomics.

Herbert2020

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Quote from: ?? on ??

I think bitcoin dominance is increasing because it has approached halving bitcoin. and you have to look at a graph that happened a few years ago before and after halving. many predictions about bitcoin are to the month after halving. due to a 50% reduction in mining rewards. so we can be sure the bitcoin stock becomes scarce.

bitcoin dominance is not rising it has always been high. the thing you are referring to has nothing to do with dominance and it was only a percentage that showed the level of bitcoin supply compared to the total supply of about 3000 shitcoins. as a lot of shitcoins died over the past year and the rest of them lost major percentage of their prices and remained that way, that percentage which you refer to as dominance grew.

Leonardo7

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If bitcoin moves up, altcoin suffers, if it moves down, altcoins suffer. Bitcoin determines the direction of this market, it's the leader of cryptocurrency. Altcoin is best traded when bitcoin price seems stable because traders would have been relaxed this time and focus on what can be gained from altcoins.

nasipadang

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Quote from: imdad123 on October 11, 2019, 10:33:26 PM

it is noted last eight to nine months that bitcoin is not stable.bitcoins movement is very uncertain due to this altcoin are very badly affected.So it is necessary to predict movement of bitcoin to avoid unnecessary loss in altcoins.

It is note able that almost all altcoins are now 80%to 90% negative from their all time high due to this happen only bitcoin uncertainty.
Now this is not clear what happen to next on bitcoin near future because bitcions dominance is increasing and altcoin crasing.So becareful if you holding any atcons for long term investment ...

Maybe you mean because the dominance of bitcoin is more than 70% in the market, the market is dominance by bitcoin so there is not much volume of altcoin transactions compared to last month or year, maybe because of the 2020 halving prediction. You are right, for now altcoin holders should be careful because the market is increasingly quiet in altcoin, hopefully greater community adoption after halving, and suggestions for altcoin holders to diversify.

Anonylz

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Quote from: fiulpro on October 13, 2019, 01:51:52 PM

Unfortunately that might be true for a couple of altcoins but you should understand that which altcoin will go up is something that cannot be predicted , therefore you would have to invest in 100's to actually find the one that is gaining pace and getting stable during the time of recession.
This is unpredictable and also at the same time the gains are temporary.
Therefore even though everyone know this is true, most people try not to invest in it.

That won't be necessary besides you can't afford to spend so much money on different worthless alts on the hope that one out of them will pump when the time comes, even though it is not easy to determine which alts will raise in price, to me I will look out for those alts that really has utility, something to offer or a use case, no matter how tiny it is, rather buying hundreds of alts that may not worth anything at the end.

Rufsilf

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Quote from: Oceat on October 13, 2019, 03:47:19 PM

Bitcoin has nothing to do with altcoins, most of them are basically following what's the trend of Bitcoin that's why some of those coins drop their prices. It is the weak-handed people that you might have to blame since they are the ones who dump their Bitcoin instead of holding. And for those who have a lot of patience for holding Bitcoin, they were the ones that will receive the given profit during bull run.

Bitcoin can uplift altcoin's situation, it doesn't mean that all of them but only those who have potential. Leaving into the sentiment that Bitcoin is still struggling at dip condition, we can't say that altcoin could go far beyond bitcoin but rather to stay the same at low. But not to mention what will happen to the low-zero valued altcoins, they'll be totally dead at all.

Even though we could think that no big pumps happen this year but I'll be sticking into bitcoin until then. Keep waiting is the only way to save from losing but gain later.

Topic: Alt coins better or stable during bitcoin lot of movement (Read 559 times)