Altcoins prices are bleeding heavily

BartS

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Quote from: leea-1334 on December 18, 2019, 05:01:30 AM

Quote from: meldrio1 on December 17, 2019, 05:24:58 AM

I guess we facing back again the bearish market, as you can see the prices of cryptos are now bleeding especially bitcoin it drops down at $7000 below and
I think it will continue to go down. Let's hope a good market in the next year.

And yet we are still about 100% up from the low of 2019 for Bitcoin am I right? So I am not too concerned at all. Every year we see the price have a low that is higher than the previous year. Which means, on a long term scale, price is always increasing higher. This means whatever happens in 2020 we will never see $3400 again. Good right?

I have also made the same observation, the price of bitcoin despite its movements keeps generating higher lows, this shows a very clear positive trend, however we cannot ever be sure that things are not going to change at some point in the future because as we know the market can be very irrational.

With that in mind it is still advisable to watch the price every day to avoid any kind of unpleasant surprise, however that observation only applies to bitcoin because as we know there were many alts with good potential that despite all of that eventually crashed and never recovered.

Pelunize12

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Quote from: aomakun on December 21, 2019, 11:24:40 AM

Quote from: sniveling on December 20, 2019, 12:34:25 PM

Alts prices have been in a bad position for over a year now, the Bitcoin dominance is too high, so alts feel very bad in the market.

altcoin is indeed long enough slumped by the price and altcoin has long been a very low price when compared to the price of bitcoin. but I personally believe that altcoin will be able to pump again, but it does take time to achieve it. so I think we should be more patient waiting

altcoin can get pump if bitcoin's dominance decreased, at least 50:50
at this this time, it is 67:33, it makes altcoin has no chance to get pump

beside that, altcoin would be pump when Bitcoin itself reach new ATH, if not, there is no chance
the next halving would be one of the reason too.

aomakun

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Quote from: sniveling on December 20, 2019, 12:34:25 PM

Alts prices have been in a bad position for over a year now, the Bitcoin dominance is too high, so alts feel very bad in the market.

altcoin is indeed long enough slumped by the price and altcoin has long been a very low price when compared to the price of bitcoin. but I personally believe that altcoin will be able to pump again, but it does take time to achieve it. so I think we should be more patient waiting

mamesso

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Quote from: cassavachips on December 19, 2019, 08:14:43 AM

This decline will continue until the beginning of 2020, especially in ethereum when bitcoin is back down, ethereum will continue to fall because ethereum is currently very slow to recover.

Various kinds of speculation also appears before the turn of the year. everyone in the crypto community is wondering how the future of Bitcoin and Altcoin will be in 2020.?
Questions like these arise because the famous crypto exchange is very volatile, from very high prices to very low prices in a short period, because these conditions make the future of the crypto exchange very difficult to predict. Even though his condition is bleeding, some people can still profit, by using the short-term investment method will make traders more eager to increase the profits they can get.

Latines

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Everyone has become too pessimistic. This is all due to the large rise in cryptocurrency. But remember how many years Bitcoin has grown to this figure. Also, the price grew because few people knew about it, and everyone just bought up without thinking. Now more and more people are being blamed about the blockchain. It's good. It takes time for altcoins to become as strong as bitcoin.

sniveling

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Alts prices have been in a bad position for over a year now, the Bitcoin dominance is too high, so alts feel very bad in the market.

cassavachips

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This decline will continue until the beginning of 2020, especially in ethereum when bitcoin is back down, ethereum will continue to fall because ethereum is currently very slow to recover.

acsalles

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The altcoin price is currently falling dramatically but there are still some altcoins rising such as Toko, Matic .... Look for potential companies to invest that will be the best choice for you.

BuNga_cute

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In my opinion altcoins dropped in price because they followed the price of bitcoin which fell. But this decline was only temporary,
considering the year 2020 there will be a halving event that can make the price of bitcoin go up. If bitcoin goes up, then automatically
altcoins will also go up. Right now only need to be patient, if you still have more capital can buy more altcoins. Because this is a great
opportunity to buy again altcoins at cheap prices, therefore if the price goes up you can get a decent profit.

MrSunshine

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Quote from: pajak666 on December 18, 2019, 06:55:02 AM

Quote from: Cnut237 on December 17, 2019, 06:11:24 AM

Apparently (according to Coindesk) the latest sell-off was due to a report on the PlusToken scam. It seems kind of a minor thing, but then I suppose the market sentiment is quite jittery at the moment, and it doesn't take much to trigger panic-selling.

Panic selling triggers even easier when there are no people buying Cheesy

We can experience a little halving optimism at this time, but it's mostly people who wanna make money before xmas and are not really serious about what they doing. You can expect lows in late december/january when those weak moneyz capitulate.

The only thing is, it is tough to tell when the capitulation is over. It could be the bottom right now, or two weeks from now. Anyway there is definitely a lot of fear in the streets.

pajak666

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Quote from: Cnut237 on December 17, 2019, 06:11:24 AM

Apparently (according to Coindesk) the latest sell-off was due to a report on the PlusToken scam. It seems kind of a minor thing, but then I suppose the market sentiment is quite jittery at the moment, and it doesn't take much to trigger panic-selling.

Panic selling triggers even easier when there are no people buying Cheesy

We can experience a little halving optimism at this time, but it's mostly people who wanna make money before xmas and are not really serious about what they doing. You can expect lows in late december/january when those weak moneyz capitulate.

SheriffEl

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Everything is bleeding today (18.12.) and i think this always happens at this time of the year.

No worries, we are going to strong in 2020. Halving is on its way and many exciting events are going to happen in 2020!!!

leea-1334

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Quote from: meldrio1 on December 17, 2019, 05:24:58 AM

I guess we facing back again the bearish market, as you can see the prices of cryptos are now bleeding especially bitcoin it drops down at $7000 below and
I think it will continue to go down. Let's hope a good market in the next year.

And yet we are still about 100% up from the low of 2019 for Bitcoin am I right? So I am not too concerned at all. Every year we see the price have a low that is higher than the previous year. Which means, on a long term scale, price is always increasing higher. This means whatever happens in 2020 we will never see $3400 again. Good right?

Questat

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Quote from: Pamadar on December 17, 2019, 10:59:30 PM

Quote from: kodtycoon on December 17, 2019, 11:58:10 AM

Quote from: naira on December 17, 2019, 11:08:15 AM

That's right, bear season coming back at the end of this year It is proven that now the market is in a down condition and all coin are red
I really hate this and may the bear season leave soon

not only that, because with the price of bitcoin falling below 7k it will certainly greatly affect the crypto market which certainly makes the situation worse, but maybe this very bloody decline will make a greater recovery in the future, we can only be patient and hope the bears market can really end this year

This heavy downfall will lead to a good start once you successfully place a good entry and hold everything till the value bounce back and gives a lots of profits. It's tough to anticipate which position might be the best timing but considering the fact that it with bounce up will give some confidence to keep chasing the right time to invest your money and bring good value to your investment.

We always think that way, that's being positive despite of the struggle.
For this whole year of 2019, it seems like in general there is no improvement for altcoins, same as what happen last year.

So maybe, we will see the altcoins season by next year?
hopefully,.. again, we never give up, we just hold and continue to hold because we trust the crypto market.

Pamadar

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Quote from: kodtycoon on December 17, 2019, 11:58:10 AM

Quote from: naira on December 17, 2019, 11:08:15 AM

That's right, bear season coming back at the end of this year It is proven that now the market is in a down condition and all coin are red
I really hate this and may the bear season leave soon

not only that, because with the price of bitcoin falling below 7k it will certainly greatly affect the crypto market which certainly makes the situation worse, but maybe this very bloody decline will make a greater recovery in the future, we can only be patient and hope the bears market can really end this year

This heavy downfall will lead to a good start once you successfully place a good entry and hold everything till the value bounce back and gives a lots of profits. It's tough to anticipate which position might be the best timing but considering the fact that it with bounce up will give some confidence to keep chasing the right time to invest your money and bring good value to your investment.

BartS

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Quote from: d3nz on December 17, 2019, 04:19:31 PM

We are still in a bear market and expect that the market will only recover maybe by a couple of weeks or before the end of this year and i think its not like the last year but we can still take advantage of the markrt and accumulate more.

The only problem is when a prediction will not happen right and the market will keep crashing so we can take only a small percentage and buy atleast 25 - 30% of our money to buy in market so we will not lose all of our money if we put it all.

It seems to me that it is too positive to think that all of this is going to be over in a couple of weeks, the price is clearly showing a negative trend, and there is not an end in sight to this trend, most likely we are going to be in a bear market for months, our only hope is that the halving is going to change all of this and revert the negative trend.

But if that doesn't happen then that will be a very serious sign that the bear market is going to last a lot more than what people thought and that the whole year of 2020 could be a negative one.

d3nz

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We are still in a bear market and expect that the market will only recover maybe by a couple of weeks or before the end of this year and i think its not like the last year but we can still take advantage of the markrt and accumulate more.

The only problem is when a prediction will not happen right and the market will keep crashing so we can take only a small percentage and buy atleast 25 - 30% of our money to buy in market so we will not lose all of our money if we put it all.

Bim abk

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Quote from: kodtycoon on December 17, 2019, 11:58:10 AM

Quote from: naira on December 17, 2019, 11:08:15 AM

That's right, bear season coming back at the end of this year It is proven that now the market is in a down condition and all coin are red
I really hate this and may the bear season leave soon

not only that, because with the price of bitcoin falling below 7k it will certainly greatly affect the crypto market which certainly makes the situation worse, but maybe this very bloody decline will make a greater recovery in the future, we can only be patient and hope the bears market can really end this year

the bear market will always make people more patient in the current conditions, bitcoin and altcoin are falling for the price and this has been happening for quite a long time. our patience is really trained and I hope the bearish market will end soon

kodtycoon

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Quote from: naira on December 17, 2019, 11:08:15 AM

That's right, bear season coming back at the end of this year It is proven that now the market is in a down condition and all coin are red
I really hate this and may the bear season leave soon

not only that, because with the price of bitcoin falling below 7k it will certainly greatly affect the crypto market which certainly makes the situation worse, but maybe this very bloody decline will make a greater recovery in the future, we can only be patient and hope the bears market can really end this year

naira

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That's right, bear season coming back at the end of this year It is proven that now the market is in a down condition and all coin are red
I really hate this and may the bear season leave soon

Topic: Altcoins prices are bleeding heavily (Read 4209 times)