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Topic: bitcoin and alts - page 2. (Read 2824 times)

sr. member
Activity: 756
Merit: 268
November 06, 2019, 11:41:17 AM
if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?
I think based on the happenings before, when bitcoin's price grew up so high, the altcoins were also affected positively. We may not be certain that the same thing will happen again but we should put high hopes about it. There are a lot of people investing on different altcoins right now and seeing bitcoin's price grew high together with altcoin again, it would be more than beneficial for them. We should also monitor always their market value to have a better decision making and do not rely on bitcoin's price alone when it comes to altcoin's future.
sr. member
Activity: 1120
Merit: 255
November 06, 2019, 09:00:11 AM
Most altcoin pairs are versus bitcoin, and besides that, most of them are purely speculative, so most traders use altcoins to maximize their bitcoins reserve. Remember, the only reason you trade altcoins is to get more bitcoins.

However, as Bitcoin is considered the flagship of crypto world, many people tend to hold their assets in Bitcoin rather than any Altcoins. this is quite independent of Bitcoin price, and when Bitcoin goes down, it can mean faith in crypto has decreased, as a result most of Altcoins follow Bitcoin as well since more people begin to cash out. On the other hand a raise in Bitcoin price stimulates people to convert their holdings to Bitcoin for a bull run. anyway I think a stable Bitcoin price after a sudden run bull makes an Alt Season very likely, after 2017 ATH.
legendary
Activity: 3248
Merit: 1179
November 06, 2019, 08:04:21 AM
If bitcoin goes up, altcoin should also go up, because altcoin is too long at the bottom and only moves a little. So Bitcoin must be stable after it experiences an increase later, maybe after that altcoin will turn green all and maybe it will be the season, because the movement of bitcoin is at a good price. Now actually if we are patient everything will be repeated again like 2017, because that is history and history can be repeated again.

Something won't just go up, just because it's been down for so long. Same thing vice versa, just because something is so long up doesn't mean it must come down.

Rise and falls are common in the market but peaks and bottoms could just as well be the new stable line, and I think we have to be prepared for a scenario where a lot of alts are already beyond recovery and the current bottom is actually their new maximum.

@Slaman29 you are right, some alts are beyond any chance for recovery, they can just stay where they are, if they are lucky, cause some of them will drop more. Bitcoin will rise more definitely, but bitcoin cant pull all alts, just some of them will follow that rise.
People generalize alts, but its impossible to do that due so many differences between them. Its clear that just some of them will have success in the long run, while many will fall out from that race!
legendary
Activity: 2674
Merit: 1226
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November 06, 2019, 05:39:12 AM
If bitcoin goes up, altcoin should also go up, because altcoin is too long at the bottom and only moves a little. So Bitcoin must be stable after it experiences an increase later, maybe after that altcoin will turn green all and maybe it will be the season, because the movement of bitcoin is at a good price. Now actually if we are patient everything will be repeated again like 2017, because that is history and history can be repeated again.

Something won't just go up, just because it's been down for so long. Same thing vice versa, just because something is so long up doesn't mean it must come down.

Rise and falls are common in the market but peaks and bottoms could just as well be the new stable line, and I think we have to be prepared for a scenario where a lot of alts are already beyond recovery and the current bottom is actually their new maximum.
hero member
Activity: 1092
Merit: 501
November 05, 2019, 09:20:21 PM
If bitcoin goes up, altcoin should also go up, because altcoin is too long at the bottom and only moves a little. So Bitcoin must be stable after it experiences an increase later, maybe after that altcoin will turn green all and maybe it will be the season, because the movement of bitcoin is at a good price. Now actually if we are patient everything will be repeated again like 2017, because that is history and history can be repeated again.
Too many suppositions, altcoins are not going up because investors do not want to get scammed anymore, more than 90% of the altcoins in the market are scams, with that kind of odds who is going to want to invest in altcoins and if for some miracle we see an altcoin season before the end of this year you can be sure that only good altcoins like ETH will be affected by it while the rest of the coins in the market remain stale and do not move at all.
sr. member
Activity: 1666
Merit: 268
November 03, 2019, 08:55:03 AM
If bitcoin goes up, altcoin should also go up, because altcoin is too long at the bottom and only moves a little. So Bitcoin must be stable after it experiences an increase later, maybe after that altcoin will turn green all and maybe it will be the season, because the movement of bitcoin is at a good price. Now actually if we are patient everything will be repeated again like 2017, because that is history and history can be repeated again.
hero member
Activity: 1932
Merit: 504
November 03, 2019, 03:33:52 AM
It seems that now we have to start thinking about how to collect bitcoin and also some altcoin because I realize investing in digital currencies, especially in bitcoin and ethereum is a must for a better future.
There are a lot of ways you can earn if not want to use capital. I think until the time has come, do some signature campaign still worth to do because it not much take our time to do it. And i still confused about retrace that OP mention, means bitcoin back to cheap price or ATH. But what any thing that can happen to bitcoin, alt have big possibilities to dumped.
when bitcoin has decreased, of course, altcoin will also follow it. that we have seen so far in such a market. because bitcoin has a big effect on altcoin trading.
if you have enough capital to buy, I think buying and saving is the best and safe way for beginners to earn money. for the signature campaign now can not expect much.
Will be better then if people have their own capital and then buy some bitcoin. Anything that can be source of our capital, must be really free money. And not money that will be used for daily life, or maybe borrow from someone or company or bank or anything that like that kind of loan. So when something that we not expected happen, we ready because it is our own money.
copper member
Activity: 840
Merit: 114
November 02, 2019, 01:32:21 PM
It seems that now we have to start thinking about how to collect bitcoin and also some altcoin because I realize investing in digital currencies, especially in bitcoin and ethereum is a must for a better future.
There are a lot of ways you can earn if not want to use capital. I think until the time has come, do some signature campaign still worth to do because it not much take our time to do it. And i still confused about retrace that OP mention, means bitcoin back to cheap price or ATH. But what any thing that can happen to bitcoin, alt have big possibilities to dumped.
when bitcoin has decreased, of course, altcoin will also follow it. that we have seen so far in such a market. because bitcoin has a big effect on altcoin trading.
if you have enough capital to buy, I think buying and saving is the best and safe way for beginners to earn money. for the signature campaign now can not expect much.
hero member
Activity: 2884
Merit: 579
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November 02, 2019, 01:22:47 PM
It seems that now we have to start thinking about how to collect bitcoin and also some altcoin because I realize investing in digital currencies, especially in bitcoin and ethereum is a must for a better future.
Investing in bitcoin is a must and I feel bad for those newbies that were introduced wrongly to some shitcoins which they don't have an idea if it will remain existing within the few years in the future.

ETH is also a good candidate but somewhat, an aspiring crypto investor should always go focus with bitcoin as much as possible so that he can enjoy his profits in the future once the the bull run comes. And there's no regret investing to the king of this market.
hero member
Activity: 1932
Merit: 504
November 02, 2019, 10:35:28 AM
It seems that now we have to start thinking about how to collect bitcoin and also some altcoin because I realize investing in digital currencies, especially in bitcoin and ethereum is a must for a better future.
There are a lot of ways you can earn if not want to use capital. I think until the time has come, do some signature campaign still worth to do because it not much take our time to do it. And i still confused about retrace that OP mention, means bitcoin back to cheap price or ATH. But what any thing that can happen to bitcoin, alt have big possibilities to dumped.
sr. member
Activity: 658
Merit: 251
November 02, 2019, 10:03:43 AM
Generally, bitcoin and altcoins have positive correlation, if bitcoin up then altcoin does.

just few of altcoin has negative correlation. all trader and investor should know this to make a good decision in trading

Altcoin Prices Have Never Been More Closely Correlated with Bitcoin

2019 Q3 Crypto-Correlations Review
sr. member
Activity: 744
Merit: 266
November 02, 2019, 09:34:34 AM
if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?
I don't think altcoins are able to follow Bitcoin price movement lately. Recently there was news that whales are moving their money from altcoins to Bitcoin. This shows that people are losing hope from altcoins and BTC seems like a better option. This will further increase the market capitalization of Bitcoin which will further bring in more volume. So if BTC retraces its price, I don't think that will have much effect on altcoins which have already bottomed out.
hero member
Activity: 1736
Merit: 501
November 02, 2019, 09:29:28 AM
It seems that now we have to start thinking about how to collect bitcoin and also some altcoin because I realize investing in digital currencies, especially in bitcoin and ethereum is a must for a better future.
sr. member
Activity: 1400
Merit: 269
November 02, 2019, 08:52:30 AM
if Bitcoin returns and rises then Altcoin will follow it because as we have seen before in years 2017 Bitcoin or Altcoin ever been to rise together. I am sure that's it will surely happen again and indeed we will never know when that time will be repeated again.

don't just look for repetition instead invest also,this is the problem with many posters here,always looking for the Hype like 2017 but don't even bother to buy altcoins or bitcoin instead adding fud in forum
if Bitcoin returns and rises then Altcoin will follow it because as we have seen before in years 2017 Bitcoin or Altcoin ever been to rise together. I am sure that's it will surely happen again and indeed we will never know when that time will be repeated again.

It may take us a few more years to see this because the crypto market is so much volatile and never to be anticipated. Currently, there are many altcoins at very cheap prices but I am always careful because not all cheap coins bring good profits for you. In investing people often do not care much about value and at this point you should only care about profit because that is the safest way.
lol only care about the profit because that's safest?are you kidding?we must care about Value because that will bring us profit,why need not to expect something from the value movement?

the value will dictate how much profit we will gain or lose
full member
Activity: 515
Merit: 101
November 02, 2019, 06:28:09 AM
if Bitcoin returns and rises then Altcoin will follow it because as we have seen before in years 2017 Bitcoin or Altcoin ever been to rise together. I am sure that's it will surely happen again and indeed we will never know when that time will be repeated again.

It may take us a few more years to see this because the crypto market is so much volatile and never to be anticipated. Currently, there are many altcoins at very cheap prices but I am always careful because not all cheap coins bring good profits for you. In investing people often do not care much about value and at this point you should only care about profit because that is the safest way.
full member
Activity: 731
Merit: 100
November 02, 2019, 05:18:08 AM
if Bitcoin returns and rises then Altcoin will follow it because as we have seen before in years 2017 Bitcoin or Altcoin ever been to rise together. I am sure that's it will surely happen again and indeed we will never know when that time will be repeated again.
hero member
Activity: 1092
Merit: 501
November 02, 2019, 12:03:05 AM
It is impossible to predict the crypto prices, especially altcoin movements. When BTC is raising, altcoins are falling, BTC is falling, altcoins are falling as well. We need something really massive to move alts from this point.
Years ago when the price of bitcoin went down altcoins had a tendency to go up in value as investors were looking for other opportunities to multiply their capital but since then many things have happened, stable coins appeared which gave you the chance of getting out of the market if you thought it was going down and even more importantly any confidence that investors had in altcoins has disappeared through the years and you cannot recover that confidence that easily.
full member
Activity: 1708
Merit: 105
October 31, 2019, 11:14:57 AM
If bitcoin fall the price theres an big effect on altcoin some going to down the price and some are going to sleep.
Bitcoin is main sources of all altcoins so once bitcoin goes down all have affected.
Bitcoin is still a prima donna crypto, I agree with you that if altcoin is still affected by bitcoin. and if bitcoin goes down or up, altcoin will obviously be affected as well. bitcoin is still a benchmark for altcoin.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
October 31, 2019, 11:05:28 AM
if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?
Even the price of bitcoin will pump up the price of different altcoins will also pump simply because some of them are paired with bitcoin. However, there is an instance that bitcoin will rise up while the other altcoin will fall down and vice versa. We all know that there is also an altcoin season where the price of different altcoins is keep on increasing but still the price bitcoin will also increase. Lastly, the sad thing if both bitcoin and altcoin are falling and I guess once the bull run started bitcoin and different altcoin will now go to the moon again.
Because those are shitcoins that’s why they are falling even the value of bitcoin is growing,those coins are used just to pump and dump so expect nothing from them but failure not unless you have a chance to invest before the pump and take out right after hitting certain value ,because that’s how this pump and dump coins do,and so was there are many victims of them in this crypto circle
sr. member
Activity: 1498
Merit: 374
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October 31, 2019, 11:00:03 AM
if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?
Even the price of bitcoin will pump up the price of different altcoins will also pump simply because some of them are paired with bitcoin. However, there is an instance that bitcoin will rise up while the other altcoin will fall down and vice versa. We all know that there is also an altcoin season where the price of different altcoins is keep on increasing but still the price bitcoin will also increase. Lastly, the sad thing if both bitcoin and altcoin are falling and I guess once the bull run started bitcoin and different altcoin will now go to the moon again.
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