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Topic: Altcoins prices are bleeding heavily - page 4. (Read 4209 times)

sr. member
Activity: 575
Merit: 268
Changing the game
November 22, 2019, 08:11:45 AM
the fact is that today all altcoins, including BTC, have also declined, if there is such a site informing that an altcoin price is good, that is wrong. BTC and altcoin until this moment shows a decrease caused by many factors. You can see a news from here: https://cointelegraph.com/news/bitcoin-drops-below-73k-as-china-vows-to-dispose-of-exchanges. Maybe that is also one of the causes of the fate of BTC and crypto today. Regarding bitcoin halving and a series of events on altcoin / ETH, my advice is not to over-expect it because there is no guarantee when altcoin will return to the good stage again.
hero member
Activity: 1778
Merit: 504
WorkAsPro
November 22, 2019, 03:31:37 AM
i think its a  altcoin doesnt move up in this time, it is stuck in the range price and cant be up
its cryptocap also cant do nothing, we need more time to get pump


Bitcoin is currently experiencing a significant decline in prices and touched prices below $8200, of course this is further extending the price decline below the average and even testing the support point of $8,000, if you look at the current BTC price movement chart, it can be predicted if the price of BTC will be stable at price range of $8,000- $8,100, ​​moreover we can see the BTC movement chart lately has experienced a lot of crossing down trend lines so, it is very likely that prices will decline again.

And today Bitcoin continues to drop to $7500 and this is something that people cannot predict. Currently, the value of this coin is very volatile and not suitable for investment during this period. I have also analyzed the chart today and it seems that the psychology of investors is starting to be more afraid so it will certainly be a bad time for this market.

I was very lucky to have sold Bitcoin at $10,000 a few weeks ago and am patiently waiting to buy Bitcoin for cheap price. Maybe Bitcoin will return to the $6000 price by the end of this year before another correction.
sr. member
Activity: 1372
Merit: 264
November 22, 2019, 02:35:26 AM
It is not the right time for altcoins to pump thisbyear and it could happen by next year after the halving or year 2012 and it would take time for altcoins value to recover since more and more are popping up.

And best thing to do right now are to buy those altcoins that more potential and has purpose at all.
jr. member
Activity: 476
Merit: 1
November 21, 2019, 10:13:14 PM
That won't be happening in the TRX Auction House http://trxah.trade/
sr. member
Activity: 658
Merit: 251
November 21, 2019, 10:02:20 PM
if I think this is only a temporary decline, because I believe that next year the price of crypto will also increase again, seeing that its growth is now also starting to rise again.
So the next year if pumping happens, it would be temporary too? bcz the next time would be dump again lol
temporary means short time, if the next year isnt temporary.

Quote
Definition of temporary (Entry 1 of 2): lasting for a limited time
full member
Activity: 239
Merit: 100
November 21, 2019, 10:00:50 PM
This always happen when bitcoin price drop, and we still not have mass adoption to not have so huge volatility when a coin price drop, but maybe over 5 years we will have more people on crypto.
Actually, this market is heavily dependent on Bitcoin so if this coin cannot rise then we will not have many opportunities to make a profit this year. I have been following this market for the past year and not much has changed so 2020 will still be a bad year for everyone. Now it's best to sit still and only hold fiat until the bear market is over.
jr. member
Activity: 137
Merit: 6
November 21, 2019, 08:50:05 PM
Altcoins have started pumping though, I've lost count of how many altcoins I've seen that have bottomed out and changed to up trend.

Can't expect short term up trends to last forever, there has to be a sell off at some point
hero member
Activity: 2982
Merit: 610
November 21, 2019, 06:53:42 PM
This always happen when bitcoin price drop, and we still not have mass adoption to not have so huge volatility when a coin price drop, but maybe over 5 years we will have more people on crypto.
Before there was no mass adoption but altcoins are not pumping, I think that is the main reason, the main reason is the market struggle due to a long bear market and the only way to stop this bleeding is when BTC will start to pump again because as usual it will create some FOMO and when FOMO happens, you now what's next, right?
legendary
Activity: 1652
Merit: 1007
November 21, 2019, 02:43:06 PM
I think this month has been a tough month for altcoins, because when bitcoin was priced at $ 9,000 altcoins had started
rise. But right now bitcoin has suddenly dropped to $ 8,000, making altcoins collapse. Some investors have began to move
its capital to bitcoin and stable coins. This could be a bad sign for altcoins, we hope bitcoin doesn't decline in price anymore.
Because if bitcoin price drops below $ 8000 some altcoins can really become dust, and i'm afraid of altcoins which has a small
volume can really be deadcoins.

Don't worry about dusty altcoins. Just monitor the dedication and progress of the developers of the coin you are holding. If the use case of the coins is sound and devs are working. It will resurrect. You can trust crypto markets right now, they are basically abandoned.
maybe it's the pope's game, remember next year 2020 is the year of Bitcoin, why? because bitcoin will experience halving,
we will see altseason at the end of this year maybe, or at the beginning of the year, if bitcoin is saturated we will see it

Altcoin season will definitely come back at the latest after Bitcoin halving. Maybe around August to October next year. Because by that time, the impact of reduced bitcoin creation will catch up with the slow demand for BTC. Remember  It takes $100,000 per block to secure the network on breakeven. Imagine halving the reward so that's 6.25 for $100,000 worth of mining.
full member
Activity: 1610
Merit: 103
The OGz Club
November 21, 2019, 09:05:39 AM
I think this month has been a tough month for altcoins, because when bitcoin was priced at $ 9,000 altcoins had started
rise. But right now bitcoin has suddenly dropped to $ 8,000, making altcoins collapse. Some investors have began to move
its capital to bitcoin and stable coins. This could be a bad sign for altcoins, we hope bitcoin doesn't decline in price anymore.
Because if bitcoin price drops below $ 8000 some altcoins can really become dust, and i'm afraid of altcoins which has a small
volume can really be deadcoins.

Don't worry about dusty altcoins. Just monitor the dedication and progress of the developers of the coin you are holding. If the use case of the coins is sound and devs are working. It will resurrect. You can trust crypto markets right now, they are basically abandoned.
maybe it's the pope's game, remember next year 2020 is the year of Bitcoin, why? because bitcoin will experience halving,
we will see altseason at the end of this year maybe, or at the beginning of the year, if bitcoin is saturated we will see it
legendary
Activity: 1652
Merit: 1007
November 21, 2019, 07:44:46 AM
I think this month has been a tough month for altcoins, because when bitcoin was priced at $ 9,000 altcoins had started
rise. But right now bitcoin has suddenly dropped to $ 8,000, making altcoins collapse. Some investors have began to move
its capital to bitcoin and stable coins. This could be a bad sign for altcoins, we hope bitcoin doesn't decline in price anymore.
Because if bitcoin price drops below $ 8000 some altcoins can really become dust, and i'm afraid of altcoins which has a small
volume can really be deadcoins.

Don't worry about dusty altcoins. Just monitor the dedication and progress of the developers of the coin you are holding. If the use case of the coins is sound and devs are working. It will resurrect. You can trust crypto markets right now, they are basically abandoned.
full member
Activity: 1134
Merit: 102
November 20, 2019, 11:29:27 PM
Some altcoins now are slowly moving up i think its a good sign because they are slowly growing but some is still in bleeding point. So need to be wait and have patience for that, once bitcoin continue grow up altcoins also are moving up slowly so we need to wait that bitcoin continuesly grow for all altcoins recovery.
As I know, only the coins in the top 50 CMC can gain good prices because the market is not clear at this time so take time to think before making a decision. I think the market is very unpredictable now and any investment will be high risk, the best way is to wait and look for other opportunities next year. I personally am very worried about my long term investment but will continue to keep it instead of selling for the time being.


As of now, it is not the right idea to sell them in the market because altcoin prices are bleeding, which it is impossible to guess how long it is going to take to recover. I hope long term investment is always good as long as if you are not panic about the market situation.
full member
Activity: 451
Merit: 100
Decentralized Ascending Auctions on Blockchain
November 20, 2019, 11:08:40 PM
Some altcoins now are slowly moving up i think its a good sign because they are slowly growing but some is still in bleeding point. So need to be wait and have patience for that, once bitcoin continue grow up altcoins also are moving up slowly so we need to wait that bitcoin continuesly grow for all altcoins recovery.
As I know, only the coins in the top 50 CMC can gain good prices because the market is not clear at this time so take time to think before making a decision. I think the market is very unpredictable now and any investment will be high risk, the best way is to wait and look for other opportunities next year. I personally am very worried about my long term investment but will continue to keep it instead of selling for the time being.
sr. member
Activity: 1876
Merit: 318
November 20, 2019, 10:34:41 PM
I think this month has been a tough month for altcoins, because when bitcoin was priced at $ 9,000 altcoins had started
rise. But right now bitcoin has suddenly dropped to $ 8,000, making altcoins collapse. Some investors have began to move
its capital to bitcoin and stable coins. This could be a bad sign for altcoins, we hope bitcoin doesn't decline in price anymore.
Because if bitcoin price drops below $ 8000 some altcoins can really become dust, and i'm afraid of altcoins which has a small
volume can really be deadcoins.
sr. member
Activity: 658
Merit: 251
November 20, 2019, 10:07:58 PM
i think its a  altcoin doesnt move up in this time, it is stuck in the range price and cant be up
its cryptocap also cant do nothing, we need more time to get pump


Bitcoin is currently experiencing a significant decline in prices and touched prices below $8200, of course this is further extending the price decline below the average and even testing the support point of $8,000, if you look at the current BTC price movement chart, it can be predicted if the price of BTC will be stable at price range of $8,000- $8,100, ​​moreover we can see the BTC movement chart lately has experienced a lot of crossing down trend lines so, it is very likely that prices will decline again.

Dont you remember that bitcoin already pumped more than 40% just in few days?
it means more bull control bitcoin in this time. so, i dont think it would continue dumped
in the halving, pump will happen in bitcoin.
copper member
Activity: 490
Merit: 2
November 20, 2019, 11:13:16 AM
Altcoins are expected to bleed heavily in a bear market, especially in a Bitcoin bear market. People buy altcoins expecting newbies to come and buy it from them because they want to repeat a Bitcoin rally. But if the Bitcoin price is sickly, no one will buy alts.


Still, altcoins prices are fluctuating heavily in the market due to huge fluctuation of Bitcoin price, when the price of Bitcoin is increasing/decreasing altcoins are fluctuating hugely and it is impossible for any trader to predict. So it is a very good idea to grab the altcoins whenever the prices of the altcoins are decreasing in the market.

Altcoins are dying slowly, because the BTC dominance is far to high to leave space for altcoins of any kind. They will continue to bleed, until the dominance drops to 50 percent at least, but if the dominance would continue to grow, alts will disappear.
sr. member
Activity: 658
Merit: 251
November 20, 2019, 10:27:03 AM
Some altcoins now are slowly moving up i think its a good sign because they are slowly growing but some is still in bleeding point. So need to be wait and have patience for that, once bitcoin continue grow up altcoins also are moving up slowly so we need to wait that bitcoin continuesly grow for all altcoins recovery.
altcoin doesnt move up in this time, it is stuck in the range price and cant be up
its cryptocap also cant do nothing, we need more time to get pump

member
Activity: 278
Merit: 10
November 20, 2019, 06:47:53 AM
Altcoins are expected to bleed heavily in a bear market, especially in a Bitcoin bear market. People buy altcoins expecting newbies to come and buy it from them because they want to repeat a Bitcoin rally. But if the Bitcoin price is sickly, no one will buy alts.


Still, altcoins prices are fluctuating heavily in the market due to huge fluctuation of Bitcoin price, when the price of Bitcoin is increasing/decreasing altcoins are fluctuating hugely and it is impossible for any trader to predict. So it is a very good idea to grab the altcoins whenever the prices of the altcoins are decreasing in the market.
legendary
Activity: 1652
Merit: 1007
November 20, 2019, 04:57:18 AM
Altcoins are expected to bleed heavily in a bear market, especially in a Bitcoin bear market. People buy altcoins expecting newbies to come and buy it from them because they want to repeat a Bitcoin rally. But if the Bitcoin price is sickly, no one will buy alts.
hero member
Activity: 1778
Merit: 504
WorkAsPro
November 20, 2019, 04:48:04 AM
2months after this post?now even bitcoin is bleeding as well valuing $8,500 this is another dumping situation that investors must take seriously.

as we are heading to last Month of 2019 its getting harder to predict the market lol.

so lets facet hat no selling must happen but buying instead.
The price of bitcoin has been going down for some time but now things are getting interesting, if the price of bitcoin can remain close to the current levels then when we get the halving we could get a positive correction similar to what we saw during this year.

But if the price goes down then there is a real risk the price could keep going down until the end of the year in which case the halving may not bring the profits most of the members of the forum are expecting.
A lot of people expect the price of Bitcoin to increase by the end of the year, but now the coin is going against everyone thinking. I think the current market is very volatile and makes investors more afraid so it is best to sit still and watch. Now there are not many good investment options and if buying altcoin at this time will certainly be risky and can not avoid losses when investing.

However, recently there is a lot of good news regarding this market and hopefully by 2020 all coins will improve because everyone is waiting for a new altcoin season to appear in the near future.
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