Topic: altcoin prices? (Read 462 times)
I'm also confused about what happens to some big altcoins with a very sharp decline now, because as you say a little down with Bitcoin is like 5%, then altcoin can drop by 15% then if Bitcoin still continues to decrease by 2% then altcoin still experiencing a decline, we see prices in January and comparing prices with current prices so far the difference is whether we have to keep holding BTC rather than having to hold the altcoin whose prices are always decreasing.
So bitcoin just keeps going up and down and still not reaching much lower than 6k but everytime these surges with bitcoin happen alt prices keep taking a dive. Even though it seems like when bitcoin takes a dive alts take a dive when btc raises alts take a dive.
Does anyone know why this keeps happening like this usually once money comes out of btc it goes back into the alts and the price raises again but it does not seem to happen like that now. I have lost a lot more % in alts than if I were to just hold btc.
Looking for opinions and suggestions on this subject?
Does anyone know why this keeps happening like this usually once money comes out of btc it goes back into the alts and the price raises again but it does not seem to happen like that now. I have lost a lot more % in alts than if I were to just hold btc.
Looking for opinions and suggestions on this subject?
Altcoins been dumped a lot, and bitcoin dominance is more than 50%. However, today market represents well, alts growing more than btc, but they drop heavier also. Still many alts have a bright future, surely most of them will go nowhere and stronger projects will replace them, surely most of them are not on the CMC yet.
I still have my altcoins investment but haven't invested in anything. I think it will go down more and I can wait a little.
Several reasons. Prices of altcoin (i am not talking about top altcoins) never goes higher in the shortrun unless there is an even that is taking place which benefits the crypto market. The event encourages the price to rise since people starts to invest on different altcoin as much as possible. Now, the main reason why altcoin price drops when the price of bitcoin rises is because, people sell off their altcoin to get those bitcoin. Thus dumping of altcoins causes the price to fall and buying those bitcoin causes the price of bitcoin to rise.
investing in the Altcoin is an excellent way to make a profit, a lot of Altcoins with huge growth. as for me it is necessary to invest and have patience
it's time to invest in a number of potential altcoins because the price is still calm under the possibility that there will be an upward movement by the end of this year
When the ptice of bitcoin is cheaper than ussually.i think people interestedbinvest his/her money in bitcoin
Alts are bleeding right now due to panick selling, my hunch is because of the recent bitcoin ETF. Nonetheless, this is a good time to accumulate as we know that this state of the market will not last long. Altcoin season might just be just around the corner.
Everything is possible, but we can wait for the "green wave" a few months or even a year. But the times when the cryptocurrency earned 1000% for a month in the past. So bitcoin just keeps going up and down and still not reaching much lower than 6k but everytime these surges with bitcoin happen alt prices keep taking a dive. Even though it seems like when bitcoin takes a dive alts take a dive when btc raises alts take a dive.
Does anyone know why this keeps happening like this usually once money comes out of btc it goes back into the alts and the price raises again but it does not seem to happen like that now. I have lost a lot more % in alts than if I were to just hold btc.
Looking for opinions and suggestions on this subject?
Does anyone know why this keeps happening like this usually once money comes out of btc it goes back into the alts and the price raises again but it does not seem to happen like that now. I have lost a lot more % in alts than if I were to just hold btc.
Looking for opinions and suggestions on this subject?
Bitcoin price was going up and down,since it is very volatile, this is because of so many supporters and users but it is not similar to altcoin because alt have only few supporter and user , so it seems it is stagnant in low price.
So bitcoin just keeps going up and down and still not reaching much lower than 6k but everytime these surges with bitcoin happen alt prices keep taking a dive. Even though it seems like when bitcoin takes a dive alts take a dive when btc raises alts take a dive.
Does anyone know why this keeps happening like this usually once money comes out of btc it goes back into the alts and the price raises again but it does not seem to happen like that now. I have lost a lot more % in alts than if I were to just hold btc.
Looking for opinions and suggestions on this subject?
Does anyone know why this keeps happening like this usually once money comes out of btc it goes back into the alts and the price raises again but it does not seem to happen like that now. I have lost a lot more % in alts than if I were to just hold btc.
Looking for opinions and suggestions on this subject?
this is what happened in this less than a year period. I don't do a lot of activities to invest. but the current market pattern can be learned because in every setback it is always tucked in growth even though it is small and does not last long. however, if you trade fast, you will have the opportunity to create profits. so you have to survive to reduce losses due to the past.
So bitcoin just keeps going up and down and still not reaching much lower than 6k but everytime these surges with bitcoin happen alt prices keep taking a dive. Even though it seems like when bitcoin takes a dive alts take a dive when btc raises alts take a dive.
Does anyone know why this keeps happening like this usually once money comes out of btc it goes back into the alts and the price raises again but it does not seem to happen like that now. I have lost a lot more % in alts than if I were to just hold btc.
Looking for opinions and suggestions on this subject?
Does anyone know why this keeps happening like this usually once money comes out of btc it goes back into the alts and the price raises again but it does not seem to happen like that now. I have lost a lot more % in alts than if I were to just hold btc.
Looking for opinions and suggestions on this subject?
Bitcoin price was going up and down,since it is very volatile, this is because of so many supporters and users but it is not similar to altcoin because alt have only few supporter and user , so it seems it is stagnant in low price.
the price of altcoin has declined whether it will recover now is a phase of a lot of feelings felt and really hit with a situation like this
Alternative cryptocurrencies' prices are not increasing very fast now, they are not increasing at all I think, but there are a lot of predictions for thier jumps soon.
There is no concrete answer on why alts go down while btc goes up, but it's pretty clear that investing in btc is way much better than investing in alts.
Since cryptocurrency is so volatile, as of this day prices of altcoin is on low mode the market is colored red. It's the season for investing on the right altcoin. And how to choose the right altcoin? Read the details on this forum and trust your instinct.
Basically, the thing that determines the price of BTC is the buy/sell orders amount on a given exchange(s) on a given moment by a person(s) who decide to buy/sell Bitcoins.
We have had a rough month 'cause people execute big BTC sell orders (1000+ BTC at once). The liquidity is just not there to comfortably sell this amount without moving the price too much.
We have had a rough month 'cause people execute big BTC sell orders (1000+ BTC at once). The liquidity is just not there to comfortably sell this amount without moving the price too much.
Yeah, as time goes by crypto currency going down its value as the market are really affected. Also, we try to hold some altcoins that we have since it was so cheap ang hoping it will increase. Those users have more btc as well as eth are really have big rule in order to move tremendously the value but due to those users experience decreasing value they have no choice but to sell as they afraid they have more loss of their different shares.
Altcoin prices were very low compared to the ath price of each and every altcoin available in the market. The price drop doesn't mean a failure it show the lack of resistant to withstand. Such levels of price fluctuations over the past has helped it gain resistance and pump high. Maybe this time too similar price pumping can happen in the falling months as every year marks a big growth by the last quarter of the year.
Basically, the thing that determines the price of BTC is the buy/sell orders amount on a given exchange(s) on a given moment by a person(s) who decide to buy/sell Bitcoins.
We have had a rough month 'cause people execute big BTC sell orders (1000+ BTC at once). The liquidity is just not there to comfortably sell this amount without moving the price too much.
We have had a rough month 'cause people execute big BTC sell orders (1000+ BTC at once). The liquidity is just not there to comfortably sell this amount without moving the price too much.
A change in the price of bitcoin significantly affect the prices of almost all the coins. Bitcoin nowadays has been experiencing prices.
Wow this thread really blew up since the last time I checked (it had 1 reply) Thanks all for the interesting opinions.
Yea it seems like right now if btc goes up alts down btc down alts down. I remember back in jan btc went up alts down and then btc went down alts up. I'm waiting for that to happen again and I will be cashing in 90% of my alts for BTC or tether and waiting for the market to dip again
I'm just not sure how much longer we will have to wait for the market to become bullish again I hope it is soon
Yea it seems like right now if btc goes up alts down btc down alts down. I remember back in jan btc went up alts down and then btc went down alts up. I'm waiting for that to happen again and I will be cashing in 90% of my alts for BTC or tether and waiting for the market to dip again
I'm just not sure how much longer we will have to wait for the market to become bullish again I hope it is soon Jump to: