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Topic: Altcoin Bleeding - page 2. (Read 2615 times)

hero member
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January 31, 2020, 06:00:03 PM
Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.

Yep, but the top 30 altcoins are always changing too. I you check crypto over the years, there's always new projects coming and going in the top 30 (and the top 100 too)
Top 30 are changing, that's the fact but we can't always see it is changing because the fact that the coin have entered at that rank, they are already a good coin with good trading volume, so we can assure they'll have the best supporter which would help for these coins to survive a long term journey.
member
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January 29, 2020, 02:08:33 PM
Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.

Yep, but the top 30 altcoins are always changing too. I you check crypto over the years, there's always new projects coming and going in the top 30 (and the top 100 too)
full member
Activity: 1708
Merit: 105
January 29, 2020, 02:03:51 PM
It will surely show more bloody market when BTC will rise up more since a lot of investor will sell their altcoin which is really the way to accumulate more bitcoin. And this might happen more when halving is near.

And i can see that only few altcoin can follow up when bitcoin pumps up and that's why we need to be always ready for what will happen in the future.

good and growing altcoin is also quite a lot that can be relied on, although I agree with what you say that the influence of the movement of bitcoin will make altcoin very directly affected. there is altcoin that will be affected badly and there is altcoin which actually enjoys bitcoin rising. because they can already manage and the movement is pretty good.
hero member
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Bitcoin is GOD
January 29, 2020, 01:47:57 PM
Altcoins are making a comeback now IMO together with Bitcoin. Some says that it'll be time for the altseason because the BTC dominance is not getting any bigger compared to last year.
There was a time in the past in which the bitcoin dominance was way above 90% and I do not see why those days may not come back, most altcoins are trash and they are never going to recover and the few that have the potential to recover have been in a bad shape for years.

When you take into account the halving will happen in just a few months and how most investors are interested in it I will not be surprised if the price of most altcoins begins to go down while the price of bitcoin begins to go up indicating that people are selling their altcoins to invest in bitcoin.
jr. member
Activity: 392
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January 26, 2020, 10:56:25 AM
I think Investing in top 30 coins additionally doesn't ensure wellbeing benefits. Indeed, even they can go down unexpectedly . It will, in any case, decrease the danger of losing more since you can get out quicker contrasted with different coins that isn't well known and whose exchanging volume is less.
sr. member
Activity: 644
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January 26, 2020, 09:56:46 AM
It will surely show more bloody market when BTC will rise up more since a lot of investor will sell their altcoin which is really the way to accumulate more bitcoin. And this might happen more when halving is near.

And i can see that only few altcoin can follow up when bitcoin pumps up and that's why we need to be always ready for what will happen in the future.
you are wrong. the market is not so healthy yet that only a few altcoins will start growing when we will see a bull market for bitcoin. during the next pump of bitcoin price, more than 50 percent of altcoins will also grow very strongly in price and only in a few years there will be only dozens of altcoins that will be truly valuable

The prices of the altcoins today are much higher than it was last year and its going to go up when BTC rises again. It does look bloody but the price weren't really dropping about 50%, EOS for example just dropped to 10% since last two weeks. The charts doesn't show any sharp decline since its just building up the buy orders so it may just be moving up like ETH, LTC, ADA and TR.

It is way better now compare before, so make sure that if there's something opportunity like this, make sure that you have taken advantage to take profit as well.

Once the Bitcoin will start to move down again, for sure that altcoins will also follow, so it's important that you have sort of strategies when it comes.
legendary
Activity: 2492
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January 26, 2020, 09:53:39 AM
It will surely show more bloody market when BTC will rise up more since a lot of investor will sell their altcoin which is really the way to accumulate more bitcoin. And this might happen more when halving is near.

And i can see that only few altcoin can follow up when bitcoin pumps up and that's why we need to be always ready for what will happen in the future.
you are wrong. the market is not so healthy yet that only a few altcoins will start growing when we will see a bull market for bitcoin. during the next pump of bitcoin price, more than 50 percent of altcoins will also grow very strongly in price and only in a few years there will be only dozens of altcoins that will be truly valuable

The prices of the altcoins today are much higher than it was last year and its going to go up when BTC rises again. It does look bloody but the price weren't really dropping about 50%, EOS for example just dropped to 10% since last two weeks. The charts doesn't show any sharp decline since its just building up the buy orders so it may just be moving up like ETH, LTC, ADA and TR.
hero member
Activity: 1260
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January 26, 2020, 09:29:32 AM
It will surely show more bloody market when BTC will rise up more since a lot of investor will sell their altcoin which is really the way to accumulate more bitcoin. And this might happen more when halving is near.

And i can see that only few altcoin can follow up when bitcoin pumps up and that's why we need to be always ready for what will happen in the future.
you are wrong. the market is not so healthy yet that only a few altcoins will start growing when we will see a bull market for bitcoin. during the next pump of bitcoin price, more than 50 percent of altcoins will also grow very strongly in price and only in a few years there will be only dozens of altcoins that will be truly valuable
full member
Activity: 896
Merit: 100
January 26, 2020, 09:06:16 AM
I think the position of the top 30 can still be replaced by a new project that is better, it seems better to choose altcoin top 10 which is really the ranking position rarely changes in my opinion.
You are right when a new project with an update that might indeed take a little time to get up. but the top 30 I think is not impossible because it all depends on how the development carried out by the new project. but as you say the top 10 will be very difficult because they are projects that already really have a very strong market.
sr. member
Activity: 1372
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January 26, 2020, 09:02:55 AM
It will surely show more bloody market when BTC will rise up more since a lot of investor will sell their altcoin which is really the way to accumulate more bitcoin. And this might happen more when halving is near.

And i can see that only few altcoin can follow up when bitcoin pumps up and that's why we need to be always ready for what will happen in the future.
full member
Activity: 378
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January 26, 2020, 08:58:44 AM
Whole market is suffering from recession, we just can blame the alts only but yes top 30 blue chip alts should be given priority in any circumstances whether it's recession or boom because these are always the first choice of potential and existing investors.
sr. member
Activity: 1204
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January 26, 2020, 08:53:17 AM
I think the position of the top 30 can still be replaced by a new project that is better, it seems better to choose altcoin top 10 which is really the ranking position rarely changes in my opinion.
hero member
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Live with peace and enjoy life!
January 25, 2020, 06:40:24 PM
It's a normal thing for altcoins to bleed considering the fact that they all depend on bitcoin so the moment bitcoin struggle they are bound to struggle too
Well, I think that's not true because altcoins having their own value and their own importance so we should not bound them both. According to my analyzation crypto is volatile by nature so it will surely move up and down while we should only invest at cheap price and hold with patience until the price gets better again if the market is down so we should hold and wait instead of being worry.
We can judge a certain coin based on its short term movement, true its volatile by nature but there should be a range where we can call it a good price still.
But, if like for example, ETH from $1K+ drop to $100+, it will not make investors happy even if we convince them that its only due to volatility.

if we look at the big picture, it's not a good movement.
full member
Activity: 1008
Merit: 101
January 25, 2020, 02:56:32 PM
It's a normal thing for altcoins to bleed considering the fact that they all depend on bitcoin so the moment bitcoin struggle they are bound to struggle too
Well, I think that's not true because altcoins having their own value and their own importance so we should not bound them both. According to my analyzation crypto is volatile by nature so it will surely move up and down while we should only invest at cheap price and hold with patience until the price gets better again if the market is down so we should hold and wait instead of being worry.
sr. member
Activity: 625
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io.ezystayz.com
January 24, 2020, 05:42:44 AM
Currently in the middle of another Altcoin bleed with the chain coins of BTC Diamond, BTC gold and Bitcoin SV as the biggest losers
But you have to expect bloody Altcoins when Bitcoin is also bleeding
Just dont put your attention into how much money you are losing and worry about the long term benefits and adoption
Well, after the price increase, I think there is currently a pretty severe price decline. it's just that I hope the price of bitcoin does not drop below the price of $ 8k. however the price of bitcoin is triggering the price of altcoin, and when the price of bitcoin is declining right now, the altcoin market is bleeding again, I also hope that altcoin prices will recover soon.
Altcoins are currently the riskiest investment in this market, but this year altcoins will always be the investment that people consider the most because the chances of earning profits will be much higher. Currently some coins are still very cheap and this is the price you can choose to buy anytime because after this period, altcoin season will return and everyone will soon earn a profit.
jr. member
Activity: 114
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January 24, 2020, 04:51:36 AM
It's a normal thing for altcoins to bleed considering the fact that they all depend on bitcoin so the moment bitcoin struggle they are bound to struggle too
sr. member
Activity: 2436
Merit: 343
January 23, 2020, 10:23:58 AM
I completely agree with you, because investing in new projects is very big risk and you can lose your investments, but if new cryptocurrency companies conduct IEO on top exchanges like binance, then you can trust such companies and you can buy their tokens through IEO, well, so of course it is best to invest only in top altcoins.
But you have an option either to choose new coins or stick to the old ones. We know how tricky the market is, the risk is always a part of crypto investment whether we like it or not, we can't eliminate this thing. Now, if we think that this project/or these coins gives nothing. Are we supposed to choose this one? Of course not and we should have to be smart otherwise, we suffer losses.
legendary
Activity: 2716
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January 23, 2020, 09:18:55 AM
Currently in the middle of another Altcoin bleed with the chain coins of BTC Diamond, BTC gold and Bitcoin SV as the biggest losers
But you have to expect bloody Altcoins when Bitcoin is also bleeding
Just dont put your attention into how much money you are losing and worry about the long term benefits and adoption
Well, after the price increase, I think there is currently a pretty severe price decline. it's just that I hope the price of bitcoin does not drop below the price of $ 8k. however the price of bitcoin is triggering the price of altcoin, and when the price of bitcoin is declining right now, the altcoin market is bleeding again, I also hope that altcoin prices will recover soon.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
January 23, 2020, 09:05:48 AM
Currently in the middle of another Altcoin bleed with the chain coins of BTC Diamond, BTC gold and Bitcoin SV as the biggest losers
But you have to expect bloody Altcoins when Bitcoin is also bleeding
Just dont put your attention into how much money you are losing and worry about the long term benefits and adoption
member
Activity: 1764
Merit: 10
January 22, 2020, 05:52:17 AM
I completely agree with you, because investing in new projects is very big risk and you can lose your investments, but if new cryptocurrency companies conduct IEO on top exchanges like binance, then you can trust such companies and you can buy their tokens through IEO, well, so of course it is best to invest only in top altcoins.
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