Alt coins better or stable during bitcoin lot of movement - page 2.

abel1337

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Quote from: bhabygrim on October 13, 2019, 03:38:10 PM

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 ...

For sure not all of the alt-coin is a bad investment for the long run.
There are still who could come up and follow the market surely most of the alt-coin drops down,
But we have seen them rise up just like Bitcoin and they are also surviving so we couldn't tell for sure that it would be bad for a long term hold.

It's just that many altcoins are not well adapted by the market. There are only a few altcoins in the market that are well maintained and being traded simultaneously.
If I'm I will choose between altcoins I'll choose the top 100 altcoins because of the competition for titles. Prices of altcoins can possibly move when bitcoin hits a hard pump, Their value might go down and up as well.

Oceat

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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.

bhabygrim

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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 ...

For sure not all of the alt-coin is a bad investment for the long run.
There are still who could come up and follow the market surely most of the alt-coin drops down,
But we have seen them rise up just like Bitcoin and they are also surviving so we couldn't tell for sure that it would be bad for a long term hold.

timerland

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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.

ILuckyGuyI

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Altcoin movement is not directly related to Bitcoin's movements. We have seen many examples as a proof. Also there are so many altcoins in the market and huge amount of them are useless.

royalfestus

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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.

fiulpro

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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.

JohnBitCo

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Quote from: Herbert2020 on October 11, 2019, 10:49:09 PM

stop blaming bitcoin for the failure of shitcoins.

altcoins are down 80% to 99% because they are pump and dump schemes that have been pumped before and went into unrealistic prices and now that they have lost 99% of that ATH they are starting to get closer to their realistic prices.
it has nothing to do with bitcoin and it being volatile.

So you are saying that these prices of altcoins will remain more or less the same for the rest of the months and years ? No, this is no the case. When crypto will be a 1 trillion dollar market, any dump in the bitcoin price will make the altcoins pump like before as the money will move into the alts. In 2017 end and early 2018, we saw altcoin pumped only because of the high marketcap and bitcoin losing the dominance. The same thing can happen again and it can make the shitcoins pump also.

Anonylz

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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.

Sebas.tian

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Seeing the altcoins crashing farther down compared to Bitcoin show the meaning of pump and dump. Those who believed altcoins should rethink about the type of portfolios they are holding, I have hold some altcoins for a very longtime and lost out of the market because of the pump and dump that happened after be listed. Categorically, whatsoever that's happening to altcoins shouldn't be seen as the cause of Bitcoin.

shield132

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At the moment bitcoin's price is stable between 8000-13000 usd, well, maybe this lenght is far from logic but at least price plays between these numbers.
You stated that we have to predict bitcoin's price in order to avoid loss in altcoins but how? By predicting bitcoin's price, not only that but we also benefit from trading.
Btw I have no idea why to blame bitcoin for altcoins, it's like blaming your failure because of other's success. Bitcoin has it's pros that makes it leader and 99% of altcoins are far from it. The real great ones are ethereum, monero and grin.

kryptqnick

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Quote from: timerland on October 11, 2019, 10:44:02 PM

I reckon it's due to the risking Bitcoin dominance.

During the 2017 boom and drop we saw altcoins follow heavily based on the market, if BTC went up altcoins had to go up, and vice versa. That was when the market was fairly spread out between crypto-currencies.

Nowadays, people are only putting money in Bitcoin and therefore Bitcoin dominance is at all time high, and the altcoin markets are almost a separate thing.

Yeah, this seems to be true. Back in the days, the correlation was really the case. Moreover, not only altcoins followed the stronger coins, but also vice versa. I'm not talking about Bitcoin, but I am talking about the second best thing (Ethereum). Ethereum used to be fueled by tokens on newly finished ICOs on its platform, but now I don't even hear about ICOs much, whereas Ethereum is not doing great, but it's also not doing as bad as smaller alts.
But Bitcoin is not to blame here, other coins just really turned out to be disappointing.

teosanru

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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 i think Altcoins are the ones hurted the most during whole this scenario. You see whenever there is a pump in market the satoshi value of alts come down while whenever there is a dump in market then also alts go rekt. So in both cases alt don't get any relief from the makret unless btc is absolutely stable and one or two coins are mooning everyday still I won't advise anyone to invest in alts in these times.

taiwww

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History has told us that when ever bitcoin shows lot of movements, altcoins move too. In the period when bitcoin fell by 80-85%, the condition of altcoins was even worse. Some of the altcoin even fell by 90-95%. Bitcoin is always the king of crypto world.

Apes

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holding alt coins completely awry, when the bitcoin market is pumping a lot of alt holders instead swapping their coins into bitcoin for gaining profit, and when alt prices fall they sell it. both of these conditions actually make worsen the alt market.
so in both these conditions alt users must be observant to see market movements in order to continue to make a profit even when the worst moment.

Reid

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I have already sold a lot of them when I saw the crash coming although I still kept some of them which I think will have a great future.
Yes, they are badly affected and no one can stop what already happened.

What we could do now is support those legitimate ones and maybe nourish them with new investors to buy the certain coin.
Bitcoin had been the main currency in the crypto industry and having it should be mandatory to keep profits from coming instead of just losses from altcoins.

asus09

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Much lost is from altcoin and bicoin look stable coin, but with much lost on altcoin we can get much profit because altcoin price can increase higher than we use investing with bitcoin, many people like for investing with altcoin than bitcoin because some of them have little money for investing but can get enough profit, maybe if using bitcoin have ready much money to get much profit or we can't get anything if do not have much money with bitcoin investment.

bounceback

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I can't predict correctly if the price of bitcoin goes up, can other altcoins also go up or be stable as usual, but if we see it now and last month if bitcoin goes up in price and some other altcoins will also go up as we see now with ethereum (ETH) if bitcoin prices go up then ethereum prices also go up, we can say bitcoin is the only coin that affects other altcoins.

error08

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Since bitcoin is the main coin, no wonder if altcoins following the bitcoin market. People tend to buy altcoins during bitcoin bull runs due to cheaper price to gain profits, if bitcoin in the bear phase, ther is no reason to keep money in altcoins hence altcoins loses most of the value. Nevertheless, some altcoins really have advantages compared to bitcoin in terms of scalability, anonymity, etc, which can be consider the reasons for those coins to rise up again following bitcoin.

dothebeats

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I don't think bitcoin is to blame for the poor performance of altcoins. Alts may be priced in satoshis or in bitcoins but during normal market conditions, the interest of the people is what drives the prices up or down, with bitcoin not affecting any of those movements. While I agree that during bull runs most of the funds are pouring to bitcoin and not alts, we still see an increase in most of the alts despite their side of the market being dead or dormant at the time being, primarily because some people are still doing trades independent of what's happening with bitcoin.

Topic: Alt coins better or stable during bitcoin lot of movement - page 2. (Read 559 times)