Topic: altcoin prices? - page 4. (Read 462 times)
When the Bitcoin price is high, people will sell Altcoin to buy Bitcoin. That is normal. If you want to invest in an Altcoin then invest in altcoin top 100
This is not the first time we have this kind of situation in the cryptocurrency market and I could remember back in the year 2016 when market correction then, the altcoin market was experiencing the samething as now. However, majority of people bitcoin surge in price was the caused which I pretty disagreed and I want you to know that altcoin will pump when the time is right but not all altcoin will surge cause some altcoin will crash out of the market soon.
Hope you invested in the right altcoin though.
Hope you invested in the right altcoin though.
As usual, you will not learn anything new. While the bitcoin is moving up and down, the altcoins are always at the bottom. As soon as the bitcoin price is in flat, the price of altcoins goes up.
yes indeed in the current situation all that can be done is just waiting as I can't do anything but wait for the altcoin price to rise
This time, many left the altсoins to buy bitcoin .. Generally, if you look at the general atmosphere in the cryptoworld now, many are already tired and are afraid to do any actions... sell or buy, most just wait ..
Altcoin price are depends on Bitcoin growth because all the investors are buying the Bitcoin as well as altcoins so if they move to downward automatically altcoins are moving down. But current scenario all the investors are buying and selling the Crypto because trading is the profitable business. But some peoples are panic to participate on Cryptocurrency so who believe the altcoins they will succeed in trading.
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?
When people move money from alts to bitcoin, alts go down. If bitcoin goes up doesn't necessarily mean alts will go up, it could simply mean money is being transferred to bitcoin and people are changing their position.
I agree with your opinion that this also bothered me, my portfolio sank very much because of such situations. Last year, bitcoin pampilsy and with it and all the crypto-currencies and right now a very healing picture on the market is drawn. Bitcoin grows all the coins are falling, bitcoin drops everything falls. Only if bitcoin is kept in flat altcoin grow.
Maybe not the right time altcoins pump. I have the same opinion with you, do not understand what is happening to altcoins.
In return, when the price is low altcoins is also an opportunity to invest.
In return, when the price is low altcoins is also an opportunity to invest.
When mainstream currencies begin to rise, especially Bitcoin and ETH, they will rise a lot, and of course they will rise even more. It's not so the Shanzhai money. You have to be good at analyzing.
I have lost a lot more % in alts than if I were to just hold btc.
Bitcoin takes the lead and when it wants to gain price, it is faster than any other coin or token. But that has not taken the shine off other altcoins. The major issue I see is a glut in the market. Investors are torn between existing tokens and coin, between new ICOs and the existing one. 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?
Yes, now there is a lot of panic sell on altcoin. they are scared and switch on bitcoin until bitcoin can be a little pump.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?
now bitcoin is so volatile and I think it is still a game for popes.
just hold it and we will know someday bitcoin achieved its glory again.
I can not determine the reason
But the market is volatile and there is news here and there
But it is certain that Bitcoin is King and the Altcoins beyond
However, one of the altcoins sometimes wins against bitcoin
But the market is volatile and there is news here and there
But it is certain that Bitcoin is King and the Altcoins beyond
However, one of the altcoins sometimes wins against bitcoin
I think now a lot of people who are now at a loss, I myself really look forward to when the growth of alts will go. I would like by the end of this year at least to reach the same level in my portfolio, which was at the beginning of the year.
Lesson, invest most with bitcoin and not with altcoins.
There has been significant movement with bitcoin market and as you can see, when bitcoin pumps alts are going to pump too.
There has been significant movement with bitcoin market and as you can see, when bitcoin pumps alts are going to pump too.
Investing in altcoins are also a good way to gain profits, there are many altcoin with a promising features and great potential but of course bitcoin will be the best than altcoins. Invest in different coins not just focus in one.
nobody knows exactly WHY this is happening but there are a lot of guesses, some of which i agree with. but the only important thing is to remember this trend exists and will always happen, or at least in 99% of the cases:
bitcoin up => altcoins down
bitcoin down => altcoins down
nothing else matters, knowing this you can always make profit.
bitcoin up => altcoins down
bitcoin down => altcoins down
nothing else matters, knowing this you can always make profit.
The best suggestion is to HODL and wait patiently. If you decide to sell than sell shit coins and get good ones that will tank once everybody transfer their btc to alts , and that will happen for sure one day. i dont believe that bitcoin will continue to tank so much more . its already 50% of the whole crypto market. Maybe little more and than boom all in alts
Well, I also noticed the same think and I think the reason for this is probably due to the fact that there is low demand for altcoin as investors are selling and buying bitcoin rather than giving more support to altcoin but I believe when the bull run starts, altcoi price will increase.
The problem is that Bitcoin offers little in the way of utility and its only use is as a store of value based on scarcity. This leaves it open to speculation. The fact that it exists only as an option on financial markets makes it easy for people to profit by shorting Bitcoin and offers little opportunity for by and hold investors to invlove themselves because the SEC keeps shooting down attempts to create a Bitcoin ETF. Unfortunately the Altcoins still trade under Bitcoins shadow.
Yes, I had observed that this is not the same market movement as before where btc goes up, alts may had followed next. However, in the current scenario, market movement is different since altcoins has not been pulled up as bitcoin was increasing. For now, the market improvement seems to be adjusting on its own and no longer has a correlation with each other same as before.
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