Topic: Alt coins better or stable during bitcoin lot of movement - page 3. (Read 559 times)
The memory of 2018 bearish still remains intact and fresh on people's minds. The only save-heaven is Bitcoin and most altcoins that could not withstand the bear market have perished. The only alternative that can surge quickly when experienced any dip is BTC
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 ...
I believe we don't have to worry if we are holding coins on one of those top 10 altcoin especially ETH. They maybe in a blood bath now but just wait and you'll see that this are just a good opportunity to buy altcoins and it is given that we should do our own thorough research once we wanted to invest in altcoin, and with a good development team strong community business alliance and partners, I think it is ok to hold these altcoin for a long term investment.
It happened before so I don't see anything to doubt about. Some altcoins now are freezing but most of them will rise up when bitcoin recovers again especially those who are following the movement of BTC. Bitcoin has a big impact on the prices of altcoins but some altcoins don't have potential to attract investors so Bitcoin has nothing to do with it. If an altcoin has potential, it will surely recover when the market situation gets better.
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.
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.
I slightly disagree. Altcoin follows the movement of Bitcoin because almost all altcoins price are based on satoshi and not USD, people know that. If Bitcoin were to decrease in price, altcoins will follow (at least most of them), regardless of their development. Just look at Monero and Ethereum. They are altcoins that has actual use but still didn't survive the dumping phase.
You are right about most altcoins being dump because they are shit but you are wrong about Bitcoins price and it's volatility having nothing to do with other altcoins price at some point. If you look at the market history, you can see that most, if not every, altcoin follows Bitcoins movements. Altcoin still depends on Bitcoins price.
That's normal. It's because all the volume of money goes to Bitcoin which came from altcoins market. Same thing also when altcoins are moving up Bitcoin is goes down. It's vice versa. We rarely see Bitcoin and altcoins moving up together because they're against each other. One thing often see when the overall marketcap of the cryptocurrency market goes down, Bitcoin and altcoins are both going down. That's how the cryptocurrency market behaves.
But have you noticed that once Bitcoin pumps, altcoins rise also? I hope you don't miss it. This is to remind everyone that altcoins still dependent on bitcoin's development and the whole crypto market. If we could see that altcoins is still dumped today it is just because of Bitcoin still down.
That's normal. It's because all the volume of money goes to Bitcoin which came from altcoins market. Same thing also when altcoins are moving up Bitcoin is goes down. It's vice versa. We rarely see Bitcoin and altcoins moving up together because they're against each other. One thing often see when the overall marketcap of the cryptocurrency market goes down, Bitcoin and altcoins are both going down. That's how the cryptocurrency market behaves.
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.
The pendulum is now shifting heavily in favor of Bitcoin as we can see the dominance of it eating the percentage that altcoins commanded months ago. I guess this is quite a telltale sign that people are getting tired of many projects on the world of cryptocurrency that are not actually performing well as expected. Now, coupled with all the scams, frauds and failures we all experienced, the sentiment and confidence plastered to many altcoins are eroding fast.
Looking long-term, this unbalanced situation is, of course, not good for alts and come the Bitcoin halving in 2020 there is a bigger possibility that they can still be left behind except maybe the top 5 or even the top 10 alts. As of now, we don't know when the market movement can be shifting back to alts but I know that it will only happen if we can inspire more trust and confidence with them.
Altcoins dump alot when compared to Bitcoin When Bitcoin dumps, Altcoins dump further losing both BTC and USD values. In my own experience, I have had an alt go from $0.015 to just $0.0005 in just a short period of time and with Bitcoin not going down very much. Most projects die and the shitcoin they left behind just dump to hell.
yes you are right
Altcoins dump alot when compared to Bitcoin When Bitcoin dumps, Altcoins dump further losing both BTC and USD values. In my own experience, I have had an alt go from $0.015 to just $0.0005 in just a short period of time and with Bitcoin not going down very much. Most projects die and the shitcoin they left behind just dump to hell.
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 ...
At the first place we all know that bitcoin is very volatile that's why you can see the changing price in the market. There is nothing worry to hold altcoins especially if you hold good altcoin just like ripple, ethereum and binance coin. Even bitcoin have strong dominance there still a future for other cryptocurrencies. Just do not panic if you hold altcoins but make you invested in top rank 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 ...
After 2018 bearish cycle, people have shifted largely towards bitcoin as a safe investment compared to altcoins as many coins died during the bear cycle. Before that, altcoins used to follow BTC price movement largely. But now even after massive price change in Bitcoin, altcoins more or less stay the same. The BTC dominance is increasing day by day. The altcoin volume is pretty less where top 10 coins have the majority percentage. Though altcoins still follow BTC but not that effectively anymore.
obviously bitcoin is better than altcoin If anyone invests in altcoin then there have chances to lose their 90% asset but if anyone invests in bitcoin then there have chance to lose their only 10 to 50%. So according to me, bitcoin is best 
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.
When did bitcoin became stable? it doesn't have that kind of predicted or stable value. And this will continue no matter what the market situation is, it will fluctuate. You can predict base on your analysis to stop or avoid further losses but one characteristic of it is being unpredictable.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.
Please move on. All time highs don't stay that much, let's get into the current status of the market.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 is the problem if your portfolio mostly consists of altcoins and you only have a very small part for bitcoin. disagree here. bitcoin is better and more stable then altcoins
agree on you . bitcoin is better and also stable a little bit but only on this past two months because before bitcoin did do alot of fluctuations and sooner i expect that itll happen again .
on the other hand altcoins are the ones that are stable .
once they decline , they stay on there and once they recovered or pump they also stay on that position for a longer time .
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.
So what if it is caused by bitcoin price fall? altcoins are dependant on bitcoin whenever bitcoin pump altcoins dump and when bitcoin is dumped altcoins pump this has been happening already for more than 3 years now and you just figured it out right now. Bitcoin is the one who dictates altcoins price so don't blame bitcoin because of your loss on altcoin if you have ever lost money on trading altcoin. 
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 ...
It's not bitcoin's fault mate, the market has just been this way in the recent years and it's hard to see change from this, because most altcoins are so low priced right now it'll take a miracle to breathe new life in them.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 ...
It's no longer altcoins following the price of Bitcoin like 2 year ago, they are way more independent and it's on the companies behind them to make sure they succeed.
disagree here. bitcoin is better and more stable then altcoins
take for example ltc. or zec, the price decreased much higher than the price of bitcoin
anyhow market has trust to bitcoins at much higher levels.. so for me bitcoin the only coin to trust
take for example ltc. or zec, the price decreased much higher than the price of bitcoin
anyhow market has trust to bitcoins at much higher levels.. so for me bitcoin the only coin to trust
There was a time that the price of bitcoin was directly proportional to the price of altcoins and vice versa. But these depend on factors especially considering that most countries prohibit BITCOIN specifically. It is highly advisable to always check the market price, trend, and data before purchasing so you could foresight which coin to invest in.
Regardless whether or not the price is increased/decreased, purchasing bitcoin for HODL can be a good investment. You may also do day trading on bitcoins or altcoins depending on the results.
There are notable altcoins like XRP, ETH, and Litecoin that show positive trends in its prices. I would suggest ETH for long-term though and others for short-term.
Regardless whether or not the price is increased/decreased, purchasing bitcoin for HODL can be a good investment. You may also do day trading on bitcoins or altcoins depending on the results.
It does not mean that altcoins are not good for long term holdings. It all depends on what kind of altcoins you are holding right now. Last 2017 I happened to purchase a lot of altcoins (I will not mentioned the name of the coin) and last here it goes up in value and guess what I earned 40k$ of profit from selling my holdings with a start up capital of 40$. So what I mean is that not all altcoins are bad for holding, we have also altcoins in top 10 at coinmarketcap and those are good to hold such as ethereum, ripple, dash and many others.
There are notable altcoins like XRP, ETH, and Litecoin that show positive trends in its prices. I would suggest ETH for long-term though and others for short-term.
Bitcoin is not a stable coin. You will see more violent moves until it matures and more institutional money comes into the game. In my perspective we won't see Bitcoin transform in a forex like currency until it doesn't reach the $1M mark. Even then I still believe we might see further decent volatility.
The altcoins matter is very sensible atm as the bitcoin dominance is still bullish on the higher timeframes, but alts might get a little bit of boost before heading back down. The massive fall in altcoins' price is not just due to the bitcoin dominance ramping up, but many projects' out there failed to prove legitimate use cases, therefore failed to create an economy that provides buy pressure for the respective currency.
The altcoins matter is very sensible atm as the bitcoin dominance is still bullish on the higher timeframes, but alts might get a little bit of boost before heading back down. The massive fall in altcoins' price is not just due to the bitcoin dominance ramping up, but many projects' out there failed to prove legitimate use cases, therefore failed to create an economy that provides buy pressure for the respective currency.
nowadays I think things got different since before 2017... after such a long and hard bear season, people started pouring money only on BTC, it has become a financial investment only and the less risky is BTC...
this has produced a very strong BTC dominance in the market, proving it to be the closest to a "store of value"...
also, the alt market was crazy and needed to get a lot of projects out of scene...
but the alts will return, the ones that survive
this has produced a very strong BTC dominance in the market, proving it to be the closest to a "store of value"...
also, the alt market was crazy and needed to get a lot of projects out of scene...
but the alts will return, the ones that survive
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