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Topic: Altcoins prices - page 4. (Read 1184 times)

member
Activity: 71
Merit: 10
December 03, 2017, 04:03:38 AM
#53
why altcoins prices rapidly going down now

it's possible that too many people are willing to sell their altcoins to buy bitcoins
legendary
Activity: 3318
Merit: 1128
December 03, 2017, 03:07:59 AM
#52
In simple words : traders and whales are taking out profit.
In complex terms : current correction might fuel another round of dump all over crypto market.

Its better to make early exit.
Obviously! Once BTC is correcting, a whole lot of traders will want to quickly get on the train so as to make some bucks on the correction which most times usually affect Alts.

For anyone planning to hold for long, I would not really be bothered but for some who is trading, they may as well just chill to see what would happen as most of the coins have been dumped badly already and if there is anyone they can still get out from with just little loss, it is still wise to do so and buy back at dips.
full member
Activity: 518
Merit: 106
December 03, 2017, 12:22:13 AM
#51
why altcoins prices rapidly going down now
in my opinion, one factor of falling altcoin prices is due to the high price of bitcoin. as well as many new coins that appear can be a competitor for the coins that exist today. so the price will not be so stable.
full member
Activity: 406
Merit: 100
December 03, 2017, 12:09:08 AM
#50
The prices will go up again.. the prices fluctuate every so often and they all seem to follow certain patterns.
But the coins shall come back more powerful with stronger prices. It might just take a little bit of time again.

Yeah, it is normal that the prices of digital currencies are fluctuating, traders just pull out their investments and those people who dump their coins, causing a havoc for the price of the alts but a good time for buyers to buy. Anyways, majority of the alts in this time are all green again, hoping it will continuously rise. Specially those coins that has a very strong potential.
legendary
Activity: 1288
Merit: 1036
December 02, 2017, 11:46:57 PM
#49
why altcoins prices rapidly going down now
Just simple. Traders are moving out profits and then some like you who do not really know what is going on are trying to quickly dump theirs too. It is just a matter of time before we start seeing them being pumped again.

Hence I will advise you to just hold whatever you are having as long as you are not holding any shitcoin anyway and then sell when it pumps. Once you have missed the profit train, then chill, also, as long as you did not enter any coin as a FOMO, then you should be fine.
hero member
Activity: 854
Merit: 522
December 02, 2017, 11:25:59 PM
#48
why altcoins prices rapidly going down now
The alternative coins price rapidly went down because of follow the bitcoin's price and stay relax my friend because it is just fluctuation of price alternative coins, it is needed by the traders and investors, if you can read the chance when the alternative coins price went down is good time for purchasing the alternative coins and holding for couples times because the price of alternative coins will going up again, that's ways the traders and investors getting constant profit from the fluctuation price of alternative coins.
full member
Activity: 228
Merit: 100
December 02, 2017, 11:05:44 PM
#47
Most of the holder sell their coins for safe their asset and I do it same because who wanna loss? Nobody, in trade you will made good decision in every situation.
hero member
Activity: 2660
Merit: 551
December 02, 2017, 10:49:06 PM
#46
why altcoins prices rapidly going down now

my analysis not directly altcoins down its because the effect of bitcoin price increase the altcoins not going up the reason is the people goes to invest in bitcoin because of this expensive profitable increase.
correctly I have also argued the same his price down altcoin gan that his cause is because the investors who moved into the bitcoin so the price is getting down

Yes, that's how it goes basically. When altcoin traders see's that its more lucrative to trade bitcoin, then its bound to happened. I think around last month we have seen this phenomena, altcoins traders suddenly shift to bitcoin because the price of bitcoin is going up. And then we see a sudden drop of bitcoin and altcoin market flourished. This is just expected and normal as traders go look for better opportunities to earn. But there are times that both market is all green. This is an indication that new traders are coming into the picture and buying both bitcoins and altcoins.
full member
Activity: 392
Merit: 100
December 02, 2017, 10:39:24 PM
#45
As practice shows, the highest price they have in the season.
And the season for altcoins is from January to July.
Then it's time to sell them.
the Delish that I've had a lot of bitcoin can now harvest a lot but have altcoin that the loss in all the congratulations yesterday, there have been many who hoard bitcoin, and patient Yes to aja altcoin may have its price will be up again
full member
Activity: 392
Merit: 100
December 02, 2017, 10:34:06 PM
#44
why altcoins prices rapidly going down now

my analysis not directly altcoins down its because the effect of bitcoin price increase the altcoins not going up the reason is the people goes to invest in bitcoin because of this expensive profitable increase.
correctly I have also argued the same his price down altcoin gan that his cause is because the investors who moved into the bitcoin so the price is getting down
full member
Activity: 952
Merit: 104
December 02, 2017, 10:25:43 PM
#43
why altcoins prices rapidly going down now

my analysis not directly altcoins down its because the effect of bitcoin price increase the altcoins not going up the reason is the people goes to invest in bitcoin because of this expensive profitable increase.
member
Activity: 364
Merit: 10
December 02, 2017, 10:22:21 PM
#42
The value of the Altcoin is around 12$ in November 2017, and December 14$ in,  there is immense
potential for it to grow. There is no loss of interest in investing in the Altcoin. If your business already
supports Altcoin, you can register it to be included in this site's index.
These altcoin  will also see fluctuations ahead.
full member
Activity: 516
Merit: 105
December 02, 2017, 01:06:59 PM
#41
As practice shows, the highest price they have in the season.
And the season for altcoins is from January to July.
Then it's time to sell them.
newbie
Activity: 28
Merit: 0
December 02, 2017, 01:03:31 PM
#40
many people just cashout and in this case you just do opposite and buy a dip
full member
Activity: 294
Merit: 161
December 02, 2017, 12:31:59 PM
#39
The rise of Bitcoin over the last two months popped almost every alt coins worth, while they stayed the same dollar value their BTC value dropped down immensely. The only way for their BTC value to go up is to have bitcoin drop down heavily in value, so far that hasn't happened yet so people are getting out of the alt coins more and more by the day.
member
Activity: 378
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
December 02, 2017, 12:13:52 PM
#38
Because traders want Christmas, they need to make profits and buy everything in their lives, they started a massive sell-off and this happened last year, so it is no accident.
massive sell indeed. people trying make the market profitable for them. glad im doing cut lose and buy at the right time. this could be good for some people and could be really bad for some people.
sr. member
Activity: 546
Merit: 250
December 02, 2017, 11:57:14 AM
#37
The altcoins prices are not down for long terms. Their price will soon go up. Actually the market follow bitcoin, people are mad towards its high price. But the price of alts will be up when bitcoin will be stable.
full member
Activity: 476
Merit: 100
December 02, 2017, 09:48:03 AM
#36
It was just a small 1-2 days period, which was a trap that let people selling their altcoins. It was not a market correction. All the prices have grown again and the crypto market is ready to greet new investors.
newbie
Activity: 45
Merit: 0
December 02, 2017, 01:29:24 AM
#35
Mostly getting dumped. It's just a fluctuation based on the bitcoin fluctuation. Which coins are you looking at for bellwether?
full member
Activity: 168
Merit: 101
December 02, 2017, 01:26:52 AM
#34
Yes! I think you right. Bitcoin is getting more attention ,and being the first cryptocurrency,that(attention )and  awareness is expected in the industry. I also think that most Altcoin will improve with time to cover the difference, especially the price of Bitcoin.
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