Altcoins Going down what do we expect in the coming months

redhondaxrm125

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Quote from: akirasendo17 on November 02, 2017, 10:51:56 PM

As we know now, bitcoin surging to reach 10000 usd by the end of the year
this has been the trend day to day, are we seing the dawn of altcoins?
its been a month now since altcoins are low, and there is no stop of slowing down,
what may be the cause of this trader , miner or its just a trend that we need to learn?

You know what, i love bitcoin. But i think we are looking at a price of 7000-9000+ by the end of the year.

After the fork, the altcoins will absolutely have another chance in going up. And they probably would really go higher than previous peaks.

The reason why bitcoin's price go up and down is because of trading, dumping and demand. But at a time like this, i think that the reason is because a lot of people have been dumping altcoins to be able to buy bitcoins because of the upcoming fork.

nexus2k14

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Quote from: akirasendo17 on November 02, 2017, 10:51:56 PM

As we know now, bitcoin surging to reach 10000 usd by the end of the year
this has been the trend day to day, are we seing the dawn of altcoins?
its been a month now since altcoins are low, and there is no stop of slowing down,
what may be the cause of this trader , miner or its just a trend that we need to learn?

As long as Bitcoin price will rise, altcoins may go down or stay neutral. I think many investors sold alts in favour of rising bitcoin price and catch that train now. Now, how long will stay like this? No one knows for sure, but if BTC reach 10.000$ it should slow down and there will be price correction for sure. Right now investing in altcoins is only good if you see big drop in price and get right moment, because all alts I follow been losing in value, and only couple stays neutral.

Rosa Paula

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I know altcoin is pumping now.But Many investor have who buy altcoin High prices.I don't know when the day come that altcoin go back their Previous price and cover all losses.

md.falkone

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Quote from: sehanmaxx01 on November 02, 2017, 11:47:45 PM

I don't think that buying and holding alts right now would be a good option Huh

I think that now it is just a high time to buy alkona because in the nearest future Bitcoin will go for correction, and violas will go up as.speak (eternal growth can't be), and the bitcoin already long time climbs up

biletskiy

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Yes, till today Altcoins were falling down. But look at the situation now — ETH added+ 4.10%, LTC is over 2.5% more than it was yesterday. Even NVC, that showed +50% and over yesterday today is still growing. Yes, NMC, PPC and ZEC are still losing and go down while Bitcoin remains unbeatable. I my opinion, Altcoins will also grow further, but slowly.

anggriani

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I think this bitcoin price increase is triggering down its alt price and this trend has always been.

I also feel that way, every day I always open the blockfolio to see my assets, hoping to be up. It's sad to see the assets go down, but I'm sure if we choose and hold the right alt, in the future it will be something worthwhile.

iLatios

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To my mind, it's hard for altcoins to rise when Bitcoin is growing so fast. As we remember, in summer 2017 the price of Bitcoin was low and altcoins cost more than nowadays.

acetouryahey

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As i saw in any trading and exchanging sites btc is rising up and my altcoins going down hope i can recover in the next month.Hope there will be a changes after the segwit2x.

silent17

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Quote from: akash15785 on November 02, 2017, 11:48:15 PM

Quote from: akirasendo17 on November 02, 2017, 10:51:56 PM

As we know now, bitcoin surging to reach 10000 usd by the end of the year
this has been the trend day to day, are we seing the dawn of altcoins?
its been a month now since altcoins are low, and there is no stop of slowing down,
what may be the cause of this trader , miner or its just a trend that we need to learn?

Not very true..

Though Bitcoin is breaking it's own record price everyday, some other altcoins like BCC and BCH is also giving its investors a good profit as their price also increasing..

BCH 24H change- 17.53%

BCC 24H change- 5.29%

** price according to coinmarketcap as of Nov 03, 2017 4:40 AM UTC

I think same goes to Doge and Litecoin. I just see them today and they increase in 5% in USD. but of course compare to bitcoin, they are still going down.

akash15785

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Quote from: akirasendo17 on November 02, 2017, 10:51:56 PM

As we know now, bitcoin surging to reach 10000 usd by the end of the year
this has been the trend day to day, are we seing the dawn of altcoins?
its been a month now since altcoins are low, and there is no stop of slowing down,
what may be the cause of this trader , miner or its just a trend that we need to learn?

Not very true..

Though Bitcoin is breaking it's own record price everyday, some other altcoins like BCC and BCH is also giving its investors a good profit as their price also increasing..

BCH 24H change- 17.53%

BCC 24H change- 5.29%

** price according to coinmarketcap as of Nov 03, 2017 4:40 AM UTC

sehanmaxx01

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I don't think that buying and holding alts right now would be a good option Huh

DaddyMonsi

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Quote from: akirasendo17 on November 02, 2017, 10:51:56 PM

As we know now, bitcoin surging to reach 10000 usd by the end of the year
this has been the trend day to day, are we seing the dawn of altcoins?
its been a month now since altcoins are low, and there is no stop of slowing down,
what may be the cause of this trader , miner or its just a trend that we need to learn?

Its expected already that when Bitcoin price is going up, altcoin price will drop. Altcoin holders wants to cash in and take advantage of the price of Bitcoin. This is temporary, it may look like its been on going but if you look at your calendar you'll see fork after fork after fork and because of fork, Bitcoin price is up, and altcoin price is down. Take advantage of this situation because altcoin price is down, but wait until fork is almost over as altcoin price might continue to drop till next week.

stayeduptolate

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Quote from: akirasendo17 on November 02, 2017, 10:51:56 PM

As we know now, bitcoin surging to reach 10000 usd by the end of the year
this has been the trend day to day, are we seing the dawn of altcoins?
its been a month now since altcoins are low, and there is no stop of slowing down,
what may be the cause of this trader , miner or its just a trend that we need to learn?

Bitcoin is one of the fastest growing crypto available in the market and you can expect a very high value of Bitcoin in the future. Looking at the current rates of growth, it's price will surely cross the 10,000$ mark by the end of this year. As Bitcoin will go up, prices of alts will come falling down to the ground.
I don't think that buying and holding alts right now would be a good option, because you can only expect worse in the coming months. HOLDING BITCOINS would be your best option right now if you want to earn good amounts of profits.

akirasendo17

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As we know now, bitcoin surging to reach 10000 usd by the end of the year
this has been the trend day to day, are we seing the dawn of altcoins?
its been a month now since altcoins are low, and there is no stop of slowing down,
what may be the cause of this trader , miner or its just a trend that we need to learn?

Topic: Altcoins Going down what do we expect in the coming months (Read 438 times)