Author

Topic: Alt coins dump again before November's big fork ? (Read 1093 times)

full member
Activity: 280
Merit: 100
So I think that now is the time to buy different coins because sitting in Bitcoin is now unreliable

I agree. Buy now as long as the alts are low. After the fork chances are high that money will flow back to alts.
full member
Activity: 238
Merit: 100
Bitcoin hit 6478 today so far ....  Shocked  Most my alt bags continue to drop.  Luckily I am 50% BTC and have bought large part of my alts as the prices dropped before last fork of BTG. Still mostly red on my alts. Plan to fill my bags further as next fork gets closer. I feel most of them will drop a lot further an dBTC will get higher probably break 7K.
hero member
Activity: 728
Merit: 504
I feel like anytime there is a fork alt coins will dump hard core, however, maybe people have realized that these forks are pretty pointless, no one really wants another fork so why are we having so many?

To integrate SegWit2x I believe. Because easiest way is do a fork.

So we will receive "another" Bitcoin(X) during the next fork? I'm sick with all these forks, but free money are always welcome.
member
Activity: 60
Merit: 10
I really don't see alts skyrocketing back to normal levels in the next few days, even weeks. Now would be a good time to fill the altcoin bags, I think. There's quite a few good opportunities out there.

Unless these are the new normal levels, in which case ... well, I don't know, mate Cheesy

I certainly do hope that we stop with this fork bullshit, before we end up with more versions of Bitcoin than effing Pokemon games. -_-
member
Activity: 81
Merit: 10
How you do anything is how you do everything..
One thing i have realised is that if in doubt, hold btc.
Coz when the dust settles, bitcoin is king. And all the others are, well, just Altcoins.
full member
Activity: 364
Merit: 101
I jumped back into alts a few days ago after the last fork when prices were rock bottom, I'm going to hold through this next fork in alts. Not worth jumping around since I plan on longer term holding anyways.

If B2X is $1000 and BTC is $5500 then that is 18%. I can easily gain more than that with being pre-positioned for the flow back to alts after the fork.
sr. member
Activity: 546
Merit: 250
B2X will not have replay protection (yet) thus i see it as a dangerous fork in that its either BTC or BTX.
So market may be wary and hedge by selling bitcoin or holding alts.
hero member
Activity: 896
Merit: 553
I see three ways to be followed:
1. Hold Bitcoin during hardfork and then exchange it as fast as possible.
2. Hold Bitcoin on longterm.
3. Buy altcoins now, as they are cheap at the moment.

I think, now it is the best time to buy altcoins. They will not dump during whole hardfork time. But I want to be part of the upcoming show and will keep Bitcoin on longterm independent from its movements after hardforks and also have a little reserve on altcoins.

Hold both and just ride out the wave. The only thing that can try and hurt crypto are the governments.
full member
Activity: 266
Merit: 101
I think Hold alts should be the best option, due to the btg fork people dumped most of their alts , just half of those coins now recovering , half still suffer.
Hold btc ? Nope too risky , too many uncertainties.
member
Activity: 92
Merit: 10
just a fact for you: you can't predict what will happen. What that means is that you don't know if the fork for example will be successful. What if something goes wrong? Alts will pump but you won't know until it happens. Why not invest in the coins you already trust and believe in, instead of trying to make money by buying a selling post/pre forks. The best thing you can do is to have a fair amount of BTC stacked and never sell it, you'll get that way your Bitcoin Gold and any future fork/coin that will be distributed. On the other hand, be invested in your Alt coin portfolio as well. Just buy the tokens you believe will appreciate in the future and let them be. Don't try to catch waves and ride the short term gains of a fork, it's not worth it. It's quick money which you'll lose fast, because you might succeed once or twice, but once you'll get wrong on one of your predictions you'll have a real problem and lose lots of money.
full member
Activity: 238
Merit: 100
BTC breaking $6K again...... Alts down overall.
newbie
Activity: 39
Merit: 0
Bitcoin set to fall in value this week (post fork) with Alts rising then later next week Bitcoin set to rise again and ALTs fall leading up to the next fork.
full member
Activity: 126
Merit: 100
When is the November fork?

Segwit2x will be on November 16th if my memory serves me well.

When is the next bitcoin fork coming up?

Learn to read at the previous replies and if you do, you will not ask this question again. Do it or this much of a post be deleted by moderators and be reported by members of this forum.

dont worry after the fork alts will rise again.I prefer to hodl them Cool

Same here. Long term is still a must on altcoin and bitcoin. So don’t panic for a fall it’s just numbers but that can change overtime after the fork.
full member
Activity: 490
Merit: 100
If one keep looking at the prices of crypto currencies one may lose out on the future success of your coin. I do not look at prices rather i look at the development, applications and read news in general about the coin I'm holding. If you are not a trader, I will advice you do the same for the sake of your health!
full member
Activity: 672
Merit: 100
When is the next bitcoin fork coming up?
legendary
Activity: 1386
Merit: 1016
The dumping of alt coins are not just based on the fork of bitcoin. This had been happening whenever there is a rally in bitcoin price. Whenever bitcoin rise sharply in values, there is a lot of funds flowing into bitcoin while the alt coins bled. I always look at the chart of the total market cap for crypto to sense the flow of movement within crypto.
full member
Activity: 182
Merit: 100
Alts are still very much down from their last bull run that happened back in August. This recovery that happened the past few days still leaves most people in the red on their medium term (1~2 month) buys. I'm expecting some more recovery before people flock over to BTC for the next fork.
hero member
Activity: 868
Merit: 506
I am also contemplating on this. This fork I am 50% btc and 50% alts and my alt losses are not enough to cover even with my BTG at $100 each. This coming November fork I think is different as this could really tore bitcoin miner support. We will see what happens in the next few days.
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
time to fill the bags with some altcoins,
few altcoin will increase its value at this moment too  Wink
full member
Activity: 216
Merit: 100
I feel like anytime there is a fork alt coins will dump hard core, however, maybe people have realized that these forks are pretty pointless, no one really wants another fork so why are we having so many?

To integrate SegWit2x I believe. Because easiest way is do a fork.
member
Activity: 258
Merit: 12
dont worry after the fork alts will rise again.I prefer to hodl them Cool
full member
Activity: 210
Merit: 103
When is the November fork?

It is supposed to hit Nov. 17 or 18, I believe, based on projecting when a certain block number will be reached.
sr. member
Activity: 518
Merit: 251
Hello. Bye.
I feel like anytime there is a fork alt coins will dump hard core, however, maybe people have realized that these forks are pretty pointless, no one really wants another fork so why are we having so many?
full member
Activity: 2352
Merit: 245
I think that the next fork on November 14 will be smoother and will not be as noisy as bifurcating gold. The Altcoins should now rise slightly in price and perhaps drop a bit before the fork. So who wants to buy altcoyins, while their rate is very low, now is the time. A bitcoin should now smoothly sink to correct its current course, especially since many now will partially sell it, again buying altas.
sr. member
Activity: 537
Merit: 250
While I am watching my alt coin portfolio quickly reenter the green I am starting to think about the next fork.  The upcoming fork is significant unlike this recent BTG fork.  Could create a lot of waves.

Alts dumped badly on this recent fork because everyone wanted the "free" BTG coins. Upcoming fork I am not sure about.  Wanting to decide on my position and if I should sell off a decent amount while they are up. Re buy when the dump like I did on this last fork.

Thoughts ?




Remember the november hardfork is a part from the bitcoin gold in my knowledge and i think that will not give another hype just like what already given by the bitcoin gold to the bitcoin. But if you are selling your portfolio last night and i think you can try to buy back again at the cheap price.
Just to tell you about the fact after the altcoin get dumped a lot and there will be a green candle in the future and if you are want grabbing a lot of profit and that depends on your position to catch the dip.
member
Activity: 83
Merit: 10
Yeah i'd definitely say to scoop up as many strong alt coins as possible. (Including promising new coins like Deep Onion which will be dirt cheap) It's time to get out of BTC for a while and make some good profits on alt coins
sr. member
Activity: 798
Merit: 263
Alts have already had a big selloff going into BTG fork so I think the next selloff into Nov 14th
fork will be less sever and may create a higher double bottom for most alts. Should see a good
long rally after that.
sr. member
Activity: 1246
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
No, it looks like if everybody is moving their btg's money to altcoins, and they are going up again... The only one who is dumping at the moment is Bitcoin, and it was obviously going to happen, i dont know why didn't i converted my bitcoins to tether so i could take profit from it, i was so dumb because i didnt think about it before.
Altcoins are going to go up for a while, dont buy anymore because they can suddenly drop if there are bad news over them.
full member
Activity: 322
Merit: 100
Deal Coin - P2P Lending Eco-system
So I think that now is the time to buy different coins because sitting in Bitcoin is now unreliable
full member
Activity: 258
Merit: 100
The revolutionary Export system/One-click Export
How can one be certain that the upcoming fork wont cause ripples like the prior too did? I dont know exactly what it is based upon but seeing and hearing the word fork puts me in a tremble. I will gladly hold onto my alts as

I dont want to cut them now and take all the losses and I do think they will recover eventually once the market is fully booming. Hard to predict how millions of people are going to react to such news and it is exactly why

we wont know until it is occuring.
full member
Activity: 224
Merit: 101
trade.io - Join the Trading Revolution
I see three ways to be followed:
1. Hold Bitcoin during hardfork and then exchange it as fast as possible.
2. Hold Bitcoin on longterm.
3. Buy altcoins now, as they are cheap at the moment.

I think, now it is the best time to buy altcoins. They will not dump during whole hardfork time. But I want to be part of the upcoming show and will keep Bitcoin on longterm independent from its movements after hardforks and also have a little reserve on altcoins.

There is so many people into so many alts, we cant expect to see a tremendous shift towards BTC.

Is logical to see some movement, but mostly on the 1st option, people holding on what they have and later will be seeing shift into alts.
hero member
Activity: 909
Merit: 508
I see three ways to be followed:
1. Hold Bitcoin during hardfork and then exchange it as fast as possible.
2. Hold Bitcoin on longterm.
3. Buy altcoins now, as they are cheap at the moment.

I think, now it is the best time to buy altcoins. They will not dump during whole hardfork time. But I want to be part of the upcoming show and will keep Bitcoin on longterm independent from its movements after hardforks and also have a little reserve on altcoins.
member
Activity: 106
Merit: 10
I am unsure on the fork in November, but if alt-coins do dump again it probably won't be for a while, I suspect the next fork may go quite smoothly and so it shouldn't alter too much.
full member
Activity: 364
Merit: 100
“Create Your Decentralized Life”
I think that now it's best to sell everything and wait for the plug and then decide what to do next
full member
Activity: 308
Merit: 101
I wish I would be a great trader  Roll Eyes there are lots of money to be made nowadays but I have no time and no experience. Go get it if you can.
member
Activity: 95
Merit: 10
When is the November fork?
sr. member
Activity: 2366
Merit: 332
While I am watching my alt coin portfolio quickly reenter the green I am starting to think about the next fork.  The upcoming fork is significant unlike this recent BTG fork.  Could create a lot of waves.

Alts dumped badly on this recent fork because everyone wanted the "free" BTG coins. Upcoming fork I am not sure about.  Wanting to decide on my position and if I should sell off a decent amount while they are up. Re buy when the dump like I did on this last fork.

Thoughts ?





I think the decision you made earlier by buying when people are dumping and now that they are in green, I think is time for you to sell off rather than continue holding. You can do this, get your fractions and wait again for the fork for November. This is business.
sr. member
Activity: 476
Merit: 252
I am struggling with this as well.... Unfortunately I just missed out on this pump and I am not sure what to do.
Wait now for a dump in the next week/weeks? Or buy now?   Undecided
full member
Activity: 238
Merit: 100
While I am watching my alt coin portfolio quickly reenter the green I am starting to think about the next fork.  The upcoming fork is significant unlike this recent BTG fork.  Could create a lot of waves.

Alts dumped badly on this recent fork because everyone wanted the "free" BTG coins. Upcoming fork I am not sure about.  Wanting to decide on my position and if I should sell off a decent amount while they are up. Re buy when the dump like I did on this last fork.

Thoughts ?



Jump to: