Topic: Are “alts actually back”? - page 2. (Read 484 times)
All altcoins recovered but fluctuations are still possible any time. If this is the time for the altcoins to be back on their track, daily traders might do a long term investing for a while since the market is showing us a good view for this quarter.
I can't read graphs like experts do. I read about latest updates on social media and those really works for me. News really affects alts movement and trades and a simple negative news will make alts value dip in minutes, and so with positive news. Some gives trading signals and that also helps a lot.
Hey where are you mate, from alien country huh? Everyone happy being this day since we find the good price growth on each and every day. I suggest to don't read the fake news shared on media side.
If you think that those news are true you will be fooled and others will make money by investing on a right time mate.
Please read the news only on Coindesk. Then don't spread negative on this forum as well.
When I check coinmarketcap I see that the top alts have risen by a higher percentage than bitcoin. More to be made in some alts than bitcoin.
i do not dare to say it,
because everybody have different opinion regarding those statement,for me an alts are back when we are moving 50% Minimum from its price before.
but right now everything was moving up for only 20%(even though some of them were moving for more than 100%).
what we are talking were not those low cryptocurrency but those top cryptocurrency,
when those top cryptocurrency get pumped hard,our total market capitulation will increase that is the sign that alts are back.
for now i do not know,but if Bitcoin keeps moving up like this we may see it in a couple months later.
because everybody have different opinion regarding those statement,for me an alts are back when we are moving 50% Minimum from its price before.
but right now everything was moving up for only 20%(even though some of them were moving for more than 100%).
what we are talking were not those low cryptocurrency but those top cryptocurrency,
when those top cryptocurrency get pumped hard,our total market capitulation will increase that is the sign that alts are back.
for now i do not know,but if Bitcoin keeps moving up like this we may see it in a couple months later.
yes its back, almost every altcoin is pumping more than 15 percent,,its good time to buy more altcoin actually when bitcoin up like this week..
I can't read graphs like experts do. I read about latest updates on social media and those really works for me. News really affects alts movement and trades and a simple negative news will make alts value dip in minutes, and so with positive news. Some gives trading signals and that also helps a lot.
It is enough to analyze only bitcoin, now all coins depend on bitcoin. I think bitcoin is now very bullish, it is just waiting for its exploder.
So many graphs sir?!
Also why it kinda looks like pump and dump?
Anyway i don't think top 5 altcoins are still there next year. Maybe just bitcoin cash
Also why it kinda looks like pump and dump?
Anyway i don't think top 5 altcoins are still there next year. Maybe just bitcoin cash
If I am going to observe the graphs in the past days, I can already include that the altcoins are already back in green. But for me, it can go back to red any time because it can be controlled easily by the whales.
I don't think that we're "fully back" yet.
We're seeing a temporary halt in the bear market with a pump. ETH, LTC, EOS, IOTA are all benefiting a lot from this pump. It is definitely a result of BTC's movements stabilizing at the $6600 level which led to a pump, and later a short squeeze.
As kolesozw said, there is way too many irrelevant graphs and no conclusions drawn.
I personally think that this may only be a temporary upward adjustment, that will be followed by a correction soon after. The real bull market's not here yet.
We're seeing a temporary halt in the bear market with a pump. ETH, LTC, EOS, IOTA are all benefiting a lot from this pump. It is definitely a result of BTC's movements stabilizing at the $6600 level which led to a pump, and later a short squeeze.
As kolesozw said, there is way too many irrelevant graphs and no conclusions drawn.
I personally think that this may only be a temporary upward adjustment, that will be followed by a correction soon after. The real bull market's not here yet.
It was interesting to read, but still make predictions about the future price is useless.
For sure, making predictions is useless, but analysing the market is not.
I really liked this profound research, that by no means couldn't be called "a prediction".
Actually I never cared much about ETH/BTC chart, though now I see that indeed it can be a great indicator to watch, so I opened cryptowat.ch now and checked it - and yeah, it really makes sense.
Whether or not altcoins actually back... Bla bla it is a big bubble, there is no production no real value... But you make lots of money even you can't believe in it.
I do not know much about it, but in this week altcoin in the market is in a pretty good trend, obviously it is good news for everyone.
Very helpful but as far as I know alts ride the bitcoin wave which means when the bitcoin price rises so do altcoins rise ,unless an alt is weak on the market it wont ride this wave.
And I agree with Mr. Brendan Bernsteins analysis as the crypto market does follow through the trade cycle of Recovery, Boom, Recession, and depression which is a continous loop and this trend will forever happen so people need not to lose confidence in the market should a dip happen, FYI these are normal market behaviours which we need to go through to stimulate demand and supply.
And I agree with Mr. Brendan Bernsteins analysis as the crypto market does follow through the trade cycle of Recovery, Boom, Recession, and depression which is a continous loop and this trend will forever happen so people need not to lose confidence in the market should a dip happen, FYI these are normal market behaviours which we need to go through to stimulate demand and supply.
It was interesting to read, but still make predictions about the future price is useless.
I don't think making predictions is useless as this is used to draw an estimate of how long you could hodl before selling some for profits.
I think is sure alts actually back, if I see in your graphics share, alts grow with on unexpected
Reading the movement with the graphs and charts can be helpful sometimes but we can not always rely on the past movements, there are sometimes negative and positive outcome in what is happening all the time with the value of bitcoin and other Cryptocurrency, In my opinion it will sometimes work but not all the time we should rely on it, And have a mind set that in every investment you make there is a risk involve in it.
Answering on your thread by my thoughts it is able that market will recover and prices will be back in soon days or weeks so just you need to follow real market and don't speculate nowadays cause prices are so uncertain.
Thank you for these charts. Easy to see and easy to read. My decision is always simple. Make back what I invested, which I did in January, and then keep the rest for holding or for buying in more alts. As I said, January was that opportunity so I gained back all my bitcoins invested plus a little profit, and then played around with the rest of the alts. Now the market dipped and again I bought into long term holdings but also some risky alts, thankfully, not everything crashed and like with Verge I made back plus profits. Sort of like trying to ride this pattern, but maybe I am just lucky?
Very interesting post with a lot of useful information.
Most of the alts dipped almost 90% during the last few months compared to their previous Aths. Most of them are slightly recovering now. We can't say that the alts season started, Anytime BTC can ruin the fun. Anyway im short term bullish on both alts and btc.
Most of the alts dipped almost 90% during the last few months compared to their previous Aths. Most of them are slightly recovering now. We can't say that the alts season started, Anytime BTC can ruin the fun. Anyway im short term bullish on both alts and btc.
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