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Topic: Altcoins back to downtrend as usual - page 2. (Read 683 times)

member
Activity: 112
Merit: 10
November 15, 2017, 06:45:17 PM
#13
We've had several times over the last 4 months where many people agreed it was the best time to buy alts, but as usually after a little pump they go back to a downtrend.
Some people have lost a lot of money for this. It seems we have speculated wrong. Altcoin will continue to decline if BTC increases. Of course, as we see in USDT, altcoin does not decrease much.
sr. member
Activity: 602
Merit: 250
November 15, 2017, 06:31:44 PM
#12
You should be acostumbrated to those kind of situations, bitcoin will always win, no matter what. Altcoins have been created only to make profit from those scenarions in which bitcoin is bleeding a lot, just like it happened on the weekend with the whole situation with bitcoin cash. All the altcoins were exploding, that was a nice example.
But now that bitcoin is going up again, altcoins will start to bleed once again, and this is an entire cycle, it will never stop because it has been happening since the beggining of all this thing.
legendary
Activity: 2380
Merit: 5213
November 15, 2017, 06:23:33 PM
#11
Yes, It's a long time many people are waiting for altcoins to rise in price. I thing new things that happened to bitcoin caused this. First people were waiting for segwit ,next it was cancelled, after that BCH was pumped that way. I think soon every thing will go back to normal and finally altcoins will pump.
full member
Activity: 336
Merit: 111
November 15, 2017, 05:31:06 PM
#10
im fed up . it starts with China news than BTC gold fork than Segwit2x than btc -bch war and what is now or what is next ? i dont know when we can really good profit maybe we have to wait 3-4 months or one year. thats ok to me but if we are expecting btc = 10k $ than maybe alt will be same price ( with $) but than they will lost a lot again btc. look neo for example. it was 0.011 btc and 48$ on 16th August. now price is 0.0039 btc and 28.75$ . it lost almost 4x against btc but it lost 2x against $ . So btc must stop do pumping. thats enough for now Smiley otherwise its bets to stay on btc and doing nothing.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
November 15, 2017, 05:08:21 PM
#9
We've had several times over the last 4 months where many people agreed it was the best time to buy alts, but as usually after a little pump they go back to a downtrend.
Not sure, but a little correction. They all know about the altcoin will be really profitable rather than bitcoin cash. The fact that as you can see some of the altcoins still on the trend to increase more.
bitcoin gets a rumor about the next improvement in the future but there is no exact date that gives the more clue about that. Yobit added bitcoin2x. that means the possibility about segwit always there.
but I don't know when.
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
November 15, 2017, 05:00:28 PM
#8
That is indeed true and we'll probably see this downtrend for a few weeks more as BTC is still looking very bullish. One might doubt that this will be a buy signal for them because they will be scare that the bottom of alts hasn't been reached yet and I can't blame anyone if they think like that. But, this will be a good opportunity also to average down to those altcoins that you hold and believe in. As long as you are holding an alt that has a very good potential of success in the future, price right now won't matter. Don't panic sell and always look into your long term plan.
full member
Activity: 420
Merit: 108
November 15, 2017, 04:58:20 PM
#7
The only game plan that would have worked is catch the pumps and sell quickly before it drops back in to downtrend. No long term alt holders have made gains vs bitcoin over the last 4 months
full member
Activity: 238
Merit: 102
November 15, 2017, 04:56:38 PM
#6
thats the circle...you have a few months of insane uptrend were everything will be overbought and kinda overvalued and all still look and hope for the sky...

and then a few months of hard correction and bitcoin rallies that will make you forget the good runs and just gives you losses Cheesy

thats life....the first one soon will start again Wink so be patience
sr. member
Activity: 371
Merit: 250
November 15, 2017, 04:52:39 PM
#5
We've had several times over the last 4 months where many people agreed it was the best time to buy alts, but as usually after a little pump they go back to a downtrend.

That is why it is important to keep track of your coins and have a game plan for all of them. You never know what day you wake up a coin is mooning or the opposite a coin is dying out. We must be prepared for all issues!

During hardcore dumps, you can't make plans that easily. You can always set up plans for your altcoin, the market acts as the opposite of your plans. You calculate dumps, it makes pumps and you can't react.
full member
Activity: 154
Merit: 100
🌟 MIRA ICO 🌟
November 15, 2017, 04:48:12 PM
#4
We've had several times over the last 4 months where many people agreed it was the best time to buy alts, but as usually after a little pump they go back to a downtrend.

That is why it is important to keep track of your coins and have a game plan for all of them. You never know what day you wake up a coin is mooning or the opposite a coin is dying out. We must be prepared for all issues!
sr. member
Activity: 854
Merit: 267
November 15, 2017, 04:39:44 PM
#3
Yes. Totally true. falls from the cliff that matches the herd psychology   Wink
what is important is our own analysis
sr. member
Activity: 673
Merit: 253
November 15, 2017, 03:28:53 PM
#2
Yes it is true, and now is next moment when buying altcoins will be profitable. For me it is very good, easy profit.
sr. member
Activity: 854
Merit: 262
November 15, 2017, 12:27:06 PM
#1
We've had several times over the last 4 months where many people agreed it was the best time to buy alts, but as usually after a little pump they go back to a downtrend.
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