I hold some both coins
To the moon
Topic: Altcoins are dying !!! - page 20. (Read 3504 times)
Probably dying but they may be better tech compared to BTC.
I hold some both coins
To the moon
I hold some both coins
To the moon
I guess what we can do is either hold or sell and go shift to bitcoin for now. Take a small lost today and regain that lost in the bitcoin market. However, the price is too high at least at this time. I'll have to rethink another move to at least negate this lost that I'm seeing in my portfolio.
Well, bitcoin price can't be long term. Let's just wait and see how things goes, bitcoin future contracts offering are what drives this madness on it but I sure that it will subsides and then altcoin will rise again.
Well, bitcoin price can't be long term. Let's just wait and see how things goes, bitcoin future contracts offering are what drives this madness on it but I sure that it will subsides and then altcoin will rise again.
Oh dear! They are indeed dying, Bitcoin is deeply sucking the life out of them.
I think the cause of this is because investors and traders neglect altcoins and pay more attention to Bitcoin. The very minutes we start looking more into altcoins, then it will start giving us the pay off of our investment.
Also on the other hand, some altcoins are sort of growing though, its just a matter of been patient.
This result should be a good reason why one should research before choosing any coins because some of their developer stop updating or improving them after their ICOs.
I think the cause of this is because investors and traders neglect altcoins and pay more attention to Bitcoin. The very minutes we start looking more into altcoins, then it will start giving us the pay off of our investment.
Also on the other hand, some altcoins are sort of growing though, its just a matter of been patient.
This result should be a good reason why one should research before choosing any coins because some of their developer stop updating or improving them after their ICOs.
Profit/loss in altcoins are closely tied to bitcoin. Most exchanges offer BTC trading pairs, this means you can trade Bitcoins for altcoins instead of altcoins directly for fiat or tether. When there is a sharp rise in bitcoin, traders tend to increase their bitcoin capital by selling of their altcoins thereby causing a dip. The problem is the altcoins tend to over exaggerate these dips and take a while to even recover. That is why the market always seem very bloody.
Unless you are a savvy day trader, or make good choices in long term altcoins, from now on I feel that it will only get worse and worse for many of us holding altcoins. I have seen my portfolio shrink by 98% over the last few months but am still holding for dear life, hoping and praying some of my bags will grow as fast or faster than Bitcoin so I can get the multipliers. At the end of the day, all the day traders are cashing out in Bitcoin and Fiat and couldn't really care less about altcoins. Altcoins to them are just for making the multipliers, nothing more than that.
Remember that a sharp increase in Bitcoin like we have been seeing could also be an indication that exponentially more people are getting into Bitcoin. Since Bitcoin is the largest household name, people will buy Bitcoin first thinking it is the only cryptocurrency out there. Then, as the new users begin to discover altcoins, the market will spread out again. I think it's just a sign of larger market adoption, which is a good thing.
This is happening all the time when Bitcoin is setting a new all time high, it’s a high risk to trade any altcoin paired with Bitcoin. By this reason I started trading altcoins paired with usd(t) and patience is the key to success.
i agree with you mate bitcoin increasing almost every an hour the reason altcoin can't grow up but not totally dump, i hold my altcoin i have today because i believe someday if the bitcoin price stay in the price value in the market price i think the alts goes pumping.
Yeah maybe, since the moment Bitcoin's price is raising with the insane way. It made altcoin's price dump with it's growth.
I think It's just dead for a while I guess, I'm still sure after this would be get re pumping on some altcoins especially Ethereum. It's good in this chance, to checking or knowing more things about some altcoins which's altcoins are really right to choosed /exactly to buy and would be experiencing more greeny than others, of course this doesn't mean the altcoins investment dies too.
Expect all the more dumping in the next days on the grounds that Bitcoin is sucking a large portion of the volume in the altcoin markets and furthermore there are hardforks to be taken after so anticipate that the altcoin market will drain. I lose gigantic sum from the landfill. My exchanges coming up short. That fine with me. Anyway, altcoin are getting more less expensive. So I take it emphatically. Some altcoins are drawing a result of good updates. Like IOTA. Particle is pumping throughout recent days in light of enormous declaration. Be that as it may, it's presently heading off to a backtrack.
How can you say altcoins are dying when see a huge increase in value. The only thing that we can see is the increase in BTC dominance at 63% mainly because bitcoin had this booming increase in value. But this only means that altcoins will follow once the rise o btc ends.
I only see more and more money in crypto market wich means that more people are interested in this opportunity. All the signs are positive for a bright future.
Also you can see that ICO market is getting more mature with more projects done by proffesionals.
I only see more and more money in crypto market wich means that more people are interested in this opportunity. All the signs are positive for a bright future.
Also you can see that ICO market is getting more mature with more projects done by proffesionals.
I believe that the falling market is the best time to get started with it. I am in the process of doing the research in alt-coins and I believe systematic investment plan would work best in such conditions because everyone is running behind BTC (including me) and ignoring the market potential of alt-coins. I am expecting a huge growth in the price of Bitcoin in the coming years but we should never underestimate the altcoin market in my opinion.
Altcoins are thriving! BTC leads and has ~60% of the total market cap but means there are still billions being traded daily on altcoins. A vast number of people invested in other coins and that was a good bet. The BTC/Altcoin pairing might look bad but a number of altcoins are also gaining fiat value.
The future is bright for all the serious altcoin projects, not only for BTC.
BTC Dominance was around 53% and now BTC Dominance is over 62% of the total market cap. This is self explanatory that all the money from alt coin is going towards Bitcoin. One of the reason is listing of Bitcoin is opening for future trading on DEC 10 or DEC 11. So the clear picture will be visible after that date as if market funds remain in Bitcoin or people take out their profit from Bitcoin and invest again in alt coins.
Most of the Altcoins are seeing a 20% dump in their prices. I think the huge growth in Bitcoin has sucked the altcoin's blood.
This is a usual thing as Altcoins are expected to dump in price when Bitcoin runs bullish. Those people who invested in alts would be having a really bad day. You should wait for a negative news about Bitcoin so that it dumps and altcoins rises. The futures market opening Dec 10 may be a good opportunity for the rise of altcoins.
This is a usual thing as Altcoins are expected to dump in price when Bitcoin runs bullish. Those people who invested in alts would be having a really bad day. You should wait for a negative news about Bitcoin so that it dumps and altcoins rises. The futures market opening Dec 10 may be a good opportunity for the rise of altcoins.
Not new to me, seen that many times and I still believe the moment bitcoin will neutralize, we are going to witness an altcoins party.
Just be patient and don't be worried, instead time to fill our bags with different altcoins because they are selling very cheap now, it would bring easy profit if we buy now, believe me, I have been in this situation many times and only when we panic will we lose.
Just be patient and don't be worried, instead time to fill our bags with different altcoins because they are selling very cheap now, it would bring easy profit if we buy now, believe me, I have been in this situation many times and only when we panic will we lose.
He gave an example in relation to bitcoin and thinks that there is a dump, and you tried to look and see the real things without a binding. Then you will understand that this is beneficial and people are gradually moving to alts.
I believe that the falling market is the best time to get started with it. I am in the process of doing the research in alt-coins and I believe systematic investment plan would work best in such conditions because everyone is running behind BTC (including me) and ignoring the market potential of alt-coins. I am expecting a huge growth in the price of Bitcoin in the coming years but we should never underestimate the altcoin market in my opinion.
as we expected alt coin always dumped when bitcoin is up, when the price of bitcoin gets stable thats the time that our alts price will increase
This happen because bitcoin jump from 12k$ to 14k$ in few hours. Altcoins not dying, you still have the same usd when you invest in altcoins.
This is very much expected due to the upcoming hard forks. People are dumping their altcoins for them to have more Bitcoin before the fork happens so that they can get an equivalent amount of the coin from the fork. Rest assured that the altcoins will be back on its track after the hard fork. It is the best time to buy more altcoins and add them on your portfolio.
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