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Topic: Altcoins is going down for real. - page 2. (Read 4185 times)

hero member
Activity: 1582
Merit: 523
June 26, 2017, 12:57:39 PM
#29
This happen a week ago altcoins dump but I beleive it will rise again. I think theres some panic selling but for sure it will pump. And we can earn profit even for a long term.
full member
Activity: 308
Merit: 100
June 26, 2017, 12:53:18 PM
#28
Bitcoin is the king. When their is bloodbath all around, people seek refuge under the Bitcoin umbrella. Hence every other coin except Bitcoin is bleeding currently.
full member
Activity: 308
Merit: 100
June 26, 2017, 12:50:05 PM
#27
Green is coming, you better buy now before it rise up.

https://image.ibb.co/iPPMA5/altcoins.png


Some people here are ridiculous, having $5 worth of altcoins and panic to sell.

There are people here with millions worth of coins and they ain't selling.

Last month crypto market was $68B, last week it was $110B. now it is $93B.

What do you think will happen next month? the "corrections". and the market will get beyond $150B.
hero member
Activity: 854
Merit: 1002
June 26, 2017, 12:09:57 PM
#26
Just chill.
it is a healthy consolidation.

FTR, my Porftolio made a +30% these last 2 weeks. Seeing a -10% (status now) or even a -20% is a probably good thing for the future.

 I am only concerned by all these traders with their stop-loss, who did not seem to have learnt the lesson with G-DAX...



This is the kind of thing I read everytimes a pump ends. Even if you can be right, you could be wront too so stay careful.


Anyway these ICO weren't healthy and were a sign that someting was going wrong. I'm just interested to see what will happen in the next weeks.
full member
Activity: 532
Merit: 114
June 26, 2017, 11:05:16 AM
#25
CRYPTOCURRENCIES like bitcoin and altcoins its an best way to keep your money secure and good returns.

hero member
Activity: 1078
Merit: 514
June 26, 2017, 11:01:30 AM
#24
Ethereum network is currently have problem and many traders a selling out of panic. Panic selling create opportunity to buy cheap and wise traders always take this opportunity to buy and in future sell high and this circle will ever continue. The amateur buy high and sell low out of panic why the wise buy low and sell high for profit.
Where the information about ETH's problems come from? I didn't hear anything like this on the crypto news.
All alts depended from Bitcoin and if Bitcoin's price gone down a little - the percent of fall among altcoins is much bigger.
hero member
Activity: 1302
Merit: 540
June 26, 2017, 10:59:18 AM
#23
Is this he pop that people have been talking about this last few weeks? I see ETH is going down fast and the flippening that some are saying is not happening soon. Some weaker hands have been shaken already and have sold their alt coins very fast. They don't want to be trap just like most of us.
its better than losing much bigger stake in my case i just sell some coins with the current downfall price and try to go much deeper entry so if ever it got filled up i will still hold some of this coin and sell it back again with the higher value in case some rebounds happen and i will still at profit.
sr. member
Activity: 826
Merit: 265
June 26, 2017, 10:53:30 AM
#22
Is this he pop that people have been talking about this last few weeks? I see ETH is going down fast and the flippening that some are saying is not happening soon. Some weaker hands have been shaken already and have sold their alt coins very fast. They don't want to be trap just like most of us.
full member
Activity: 336
Merit: 101
June 26, 2017, 10:44:30 AM
#21
Just chill.
it is a healthy consolidation.

FTR, my Porftolio made a +30% these last 2 weeks. Seeing a -10% (status now) or even a -20% is a probably good thing for the future.

 I am only concerned by all these traders with their stop-loss, who did not seem to have learnt the lesson with G-DAX...

full member
Activity: 398
Merit: 107
LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN
June 26, 2017, 10:41:54 AM
#20
CRYPTOCURRENCIES ARE THE FUTURE. Everybody should be invested for the long term. This is a new tech and prices will go up somehow. This is just my opinion
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
June 26, 2017, 10:40:49 AM
#19
It's the shakedown to get rid of all weak hands. We all can't be millionaires. Buy the dip.
sr. member
Activity: 1197
Merit: 482
June 26, 2017, 10:38:50 AM
#18
As a new investor to this space I can see how the network issues would drive out retail money. Half the time I can't even see my balance at coinbase, and from reading other posts the level of service/trust available at the exchanges varies wildly from meh to god-awful which if you are coming from the world of stocks is a real eye opener. I'm holding long so I'm not particularly concerned, but I also don't have a lot invested and I'm more tech savvy (as I'm sure most are who've been in crypto longer than me) than the average retail investor. Nothing inspires selling like not being able to get access to your money. I think that fact that there are some serious growing pains technically on top of the typical lemmings that come in on a peak and wash out on the dips creates the situation we are in now. Personally I'd love to see a crash because I think the underlying concept is here to stay and I'd like to load up.
legendary
Activity: 1358
Merit: 1093
June 26, 2017, 10:35:18 AM
#17
The bubble is gonna pop!! Get out while you still can! It's the sign don't ignore it.
newbie
Activity: 53
Merit: 0
June 26, 2017, 10:27:21 AM
#16
This is way over due. Time to get rid of scared money in this market. Another 20% drop will make things real sporty.
full member
Activity: 174
Merit: 100
June 26, 2017, 10:18:58 AM
#15
It can't go up all the time, once in a while it has to go down in order to go up again. I am sure everything will be fine in the end. Let us wait another day. Most of the coins have seen massive losses. I am pretty sure everything is going to be nice and green again.
sr. member
Activity: 420
Merit: 250
The All-in-One Cryptocurrency Exchange
June 26, 2017, 09:56:45 AM
#14
Yeah they are going down almost every week and as bitcoin is going down too, the altcoins are following bitcoins price going down. That's just my observation though for the past few weeks.
sr. member
Activity: 882
Merit: 269
June 26, 2017, 09:53:42 AM
#13
Ethereum network is currently have problem and many traders a selling out of panic. Panic selling create opportunity to buy cheap and wise traders always take this opportunity to buy and in future sell high and this circle will ever continue. The amateur buy high and sell low out of panic why the wise buy low and sell high for profit.
sr. member
Activity: 364
Merit: 250
Analysis is the key.
June 26, 2017, 09:52:40 AM
#12
It is for sure relation of ETH to other.

I wonder it ETH loss is related to this: https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart there is high probability that since 2-3 months there may be ASICS, many people may started to realize profits.

It would give a long-term tendency of loss..

What do you think?
sr. member
Activity: 1036
Merit: 311
June 26, 2017, 09:44:17 AM
#11
Why is it in the past 24 hrs almost all of the altcoins is going down atleast 10 percent in value even though bitcoin's price is steady at $2.5k. Is it contrary or something is really happening. Any thoughts?

Bitcoin has not been steady. It is moving down, albeit slowly.
The alts are more sensitive to the underlying market sentiment. In a downtrend, they tend to fall much more than Bitcoin.

Yup.  Also it doesn't help that most portfolio valuation is done relative to BTC so when a dip starts on BOTH alts and BTC at the same time the drop is compounded.

Retracement is a fancy word for a market correction, which is a short hand for "everything grew too quick and now we're seeing the drop to real value".

This happens in any market and there's no magic way to predict when or how far a correction will go, as an investor only you can decide what's right.

Personally, i'm holding most long term, and this drop isn't anything new or particularly scary, i still anticipate long-term growth.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
June 26, 2017, 09:10:42 AM
#10
Why is it in the past 24 hrs almost all of the altcoins is going down atleast 10 percent in value even though bitcoin's price is steady at $2.5k. Is it contrary or something is really happening. Any thoughts?

Bitcoin has not been steady. It is moving down, albeit slowly.
The alts are more sensitive to the underlying market sentiment. In a downtrend, they tend to fall much more than Bitcoin.
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