Altcoin bleeding. When does it stop - page 11.

Durison

newbie

Activity: 28

Merit: 0

I believe we have been through the worst of it. We've seen a 60% Retracement which doesn't compare to one of the retracement's BTC experienced with 80%+

There are multiple scenarios
1) BTC rise, ALTS rise
2) BTC stabalizes, ALTS rise
3) BTC bleeds, ALTS bleed
4) BTC rise, ALTS bleed

What typically happens though is when the masses purchase BTC, they allocate some of it into ALT's...I've been doing a lot of research and ALT season should be just around the corner...and should last a few months. Some speculation is many ALTs will 3x... I would say HODL if you have ALTs and check your blockfolio in a few months

Drizzlepistol

full member

Activity: 134

Merit: 100

Decentralized Ascending Auctions on Blockchain

I think it will recover soon. it has fallen down because of the bad news. but with the come back of the investors after Lunar New Year holidays.

zhangcaisbsbn55

member

Activity: 308

Merit: 10

I think it will be like this in few months but I think you had better to hold the btc because I think it is the most reliable coin for us to hold and it will be high in the near future and bring me more money.

limitup

newbie

Activity: 33

Merit: 0

Alt Seasonals suggest March.

monmoni

newbie

Activity: 175

Merit: 0

When we looked at the chart, altcoin highly influenced by bitcoin. It is fine when we found the market being sideways, after the price falls last month and now being sideways, wait for the trends. In next month will be a positive sign for bitcoin.

jacjuice

newbie

Activity: 15

Merit: 0

Quote from: cryptoamumu on February 22, 2018, 10:30:53 PM

All the gains we received for the past week have been erased. The market is irrational because we got good news this week like robinhood opening and ripple adding new clients and everyone is still selling. For some reason, some of the youtubers I watch are expecting a huge bull run in April/May. Not sure what they're basing that on.

Robinhood opening doesn't seem to actually be that positive now that we know they aren't even maintaining their own exchange. They are just using other exchanges so there's not much attraction for new investors that are skeptical of crypto exchanges and were hoping Robnhood would be safer.

aeternus

sr. member

Activity: 686

Merit: 250

Quote from: rockyfeller on February 22, 2018, 09:10:51 PM

Bitcoin will be back in action by the next 2 months and alts will follow as well.. That pull back will make us rich and get our lambo. I think 40,000usd or 50,000usd is the target price for bitcoin. So better hold your position.

This does not seem realistic at all, there needs to be a reason for bitcoin to touch those prices, what it is going to create such an interest in bitcoin? In order for the price to grow like that you need a huge demand and demand is not going to be there especially in these markets where bitcoin and almost all alts are red again I would like for this to be temporary but it seems we are not going to see a huge increase in the price soon.

cryptoamumu

jr. member

Activity: 140

Merit: 8

All the gains we received for the past week have been erased. The market is irrational because we got good news this week like robinhood opening and ripple adding new clients and everyone is still selling. For some reason, some of the youtubers I watch are expecting a huge bull run in April/May. Not sure what they're basing that on.

Beanson

newbie

Activity: 10

Merit: 0

Quote from: ekin4 on February 22, 2018, 08:08:16 PM

When Bitcoin falls expect altcoins to follow. They are not strong alone. They can't stay on their feet.
You should pray for Bitcoin to stay at same level or rise, so altcoins can rise too.

have you not noticed lately that bitcoin has been on the rise but the alts havent followed?
theres to much wrong with your statement to start....

ZaoXhou

sr. member

Activity: 467

Merit: 251

Quote from: HenneWhatElse on February 20, 2018, 07:04:39 AM

Bitcoin reached already Resistance at 11.6k and failed for now. Can we predict an Altcoin recovery as soon as bitcoin corrects to 10k ? oR do altcoins recover first if bitcoin is stabilized?

I actually do not know if i should hold btc or buying cheap alts or waiting till alts start to recover.

i would appreciate an experienced answer.

There is room for the top 100 coins to grow but it will be hard for the weaker coins to recover.

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: HenneWhatElse on February 20, 2018, 07:04:39 AM

Bitcoin reached already Resistance at 11.6k and failed for now. Can we predict an Altcoin recovery as soon as bitcoin corrects to 10k ? oR do altcoins recover first if bitcoin is stabilized?

I actually do not know if i should hold btc or buying cheap alts or waiting till alts start to recover.

i would appreciate an experienced answer.

I think this is the impact of the large users who sell their bitcoins. you know a few days ago the price got down to $6k. and then the price continues to rise periodically to reach $11k. of course users who buy at the price of $6k will sell it yesterday. because they almost profit 2-fold. of course they will not waste that opportunity right ? but you don't need to be afraid. the price will stop down again and then they will buy bitcoin again and be prepared for a price higher than $11k yesterday dude

Akiko

full member

Activity: 896

Merit: 198

Quote from: alex-nn on February 20, 2018, 07:24:32 AM

I think it's just the beginning of alts falling because BTC goes up to $20K again

Yes your right this is the beginning so jaut wait to summer i think it will rice again.

Grim149x

full member

Activity: 854

Merit: 100

Quote from: HenneWhatElse on February 20, 2018, 07:04:39 AM

Bitcoin reached already Resistance at 11.6k and failed for now. Can we predict an Altcoin recovery as soon as bitcoin corrects to 10k ? oR do altcoins recover first if bitcoin is stabilized?

I actually do not know if i should hold btc or buying cheap alts or waiting till alts start to recover.

i would appreciate an experienced answer.

I don't think it failed and even though, I still believe in it as a good long term hold. There's no stopping bitcoin, only a few disruptions.

blankpaladin

newbie

Activity: 210

Merit: 0

Quote from: HenneWhatElse on February 20, 2018, 07:04:39 AM

Bitcoin reached already Resistance at 11.6k and failed for now. Can we predict an Altcoin recovery as soon as bitcoin corrects to 10k ? oR do altcoins recover first if bitcoin is stabilized?

I actually do not know if i should hold btc or buying cheap alts or waiting till alts start to recover.

i would appreciate an experienced answer.

We can't predict what happen to the market value. if it will go up or down. or maintain. but don't buy yet. As advice, wait a little bit longer before you buy. Because the price now is lil bit higher than before 7000$ for bitcoin. So wait until it drop again before investing to it. Then don't sell too. Just hold you bitcoin if you have 1 bitcoin.

YoungMaster

full member

Activity: 462

Merit: 100

MYCRYPTOBANK.IO

As soon as the prices are truly stabilized, altcoins will stop bleeding.
But now it seems quite hard for the market getting stable due to bitcoin still crashed over and over again.

duchaitp

member

Activity: 308

Merit: 10

Quote from: HenneWhatElse on February 20, 2018, 07:04:39 AM

Bitcoin reached already Resistance at 11.6k and failed for now. Can we predict an Altcoin recovery as soon as bitcoin corrects to 10k ? oR do altcoins recover first if bitcoin is stabilized?

I actually do not know if i should hold btc or buying cheap alts or waiting till alts start to recover.

i would appreciate an experienced answer.

Until I wrote this comment, the bitcoin price dropped below $ 10k. But I think it will soon rise again in March and Ethereum is the same.

kruzer200

member

Activity: 420

Merit: 12

= DINNGO = https://dinngo.co

Quote from: alex-nn on February 20, 2018, 07:24:32 AM

I think it's just the beginning of alts falling because BTC goes up to $20K again

I'm absolutely sure that Bitcoin will not rise to 20k, even though it is on a pamp now. Ethereum will overtake it soon

Vispilio

legendary

Activity: 2114

Merit: 1656

the real maturity in cryptomarkets will be achieved when 99 % altcoins will not move in sync with BTC, there are a lot of explosive projects out there whose value is being held down at the moment by the political propaganda generated against BTC...

kiw_91

newbie

Activity: 291

Merit: 0

With all the recent bad news/ reputations in crypto. I would forcast sideways movement, includes some dips for the crypto market. It will probably move back up in Q2/Q3. China would not make much impact now as the govt crakdown and blocking of all trading website. Thus slowing down the price going upwards. Hopefully china will lift the ban, then we'll see the crypto prices going up like crazy.

rockyfeller

full member

Activity: 406

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Bitcoin will be back in action by the next 2 months and alts will follow as well.. That pull back will make us rich and get our lambo. I think 40,000usd or 50,000usd is the target price for bitcoin. So better hold your position.

Topic: Altcoin bleeding. When does it stop - page 11. (Read 2417 times)