Author

Topic: Bitcoin up Altcoin down | what is your trading strategy? (Read 1951 times)

sr. member
Activity: 602
Merit: 253
To be honest, I would go with altcoins in case alts prices are going down real low, tho. I'll do some research first, both TA & FA.
Then bought some alts that will likely have a good price in the future. I think around 50% for btc and the rest for alts.
Since bitcoin price already expensive enough to buy but not alts, then we need to be smart about which one to choose.
hero member
Activity: 882
Merit: 500
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

Actually in this condition to face we need to work in advance with money , we should have btc at the exchange ( don't buy at the moment of increasing ) . If we have bitcoin at the trading site then with the every drop in the price of the altcoins we should buy them again and again because we know that after the market become stable for the bitcoin we will get much profit easily .
And also here I use the same trick in the bitcoin to have but every time with down in the values with the dollers , tht needed to have money in pocket .
sr. member
Activity: 420
Merit: 256
اللعنة
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

There's actually only one thing to so in this situation: HOLD YOUR BITCOINS and BUY ALTCOINS. By doing such thing, you'll be able to prevent big loss if ever the situation goes the other way around. Holding bitcoins at this point is a great choice, especially that its value continuously rise up. Don't sell yet your bitcoins. There's still forking expected to come in the future, and you should also expect that bitcoin price will still rise up by that time.

Also, buying altcoins at the low price is an ideal thing to do. Crypto-market is like a see-saw when it comes to bitcoin and altcoin prices. When bitcoin price goes up, altcoins' price usually goes down, and vice versa. Thus, buying altcoins now, and selling them later will be a profitable strategy.
member
Activity: 210
Merit: 10
If Bitcoin up and Altcoin down, the basic stragedy for this moment is sell all altcoin for Bitcoin then wait till the first signal that showing Bitcoin down then buy Altcoin.
member
Activity: 742
Merit: 10
if bitcoin prices up , you must save your btc.. dont use for trading , high risk trading with btc which prises can up everyday
if prices altcoin down , you must wait price that altcoin up.. because if you trading while price altcoin down.. you loss
but i think , you loss just 20-30% and if you use btc for trading now.. you can loss 45-60%
Trading needs luck bro , so i say to you "Good Luck"
full member
Activity: 644
Merit: 101
If trading altcoin with paired with BTC, for the better do short trading and specify the stop loss area to minimize lose, and will be to risk if we do longterm trading because the price of BTC strong up trend. And for long term trading for the better choose paired with USDT or other fiat currency.
newbie
Activity: 13
Merit: 0
I always choose altcoin. Solid trade , solid exchange.
sr. member
Activity: 448
Merit: 250
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


Simple for me, hold your altcoin because i believe price  of bitcoin will be decrease again and price of altcoin will be up again
sr. member
Activity: 812
Merit: 251
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


That is normal anyway, then if bitcoin are getting down its about time for the others altcoins to increase there value, its only vice versa happening in the field of trading.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
today happened again that when bitcoin price up then majority altcoin was down but i think no need to worried if you have major altcoin such as LTC or ETH which is have strong community because there is the time it will pumped again so hold them is good option for me and also while i had hold my altcoin and it's time to get more profit on bitcoin price because when the price of bitcoin raising again then this is good to utilize it
full member
Activity: 742
Merit: 100
Yes you are said right way to bitcoin pump and Altcoin Dump but you have never see this market strategy . When suddenly bitcoin grow on that time altcoin dump but after sometime later when bitcoin will be a stable with his price then altcoin again will be pump so just wait and see atcoin market.
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

I has been seeing for a year that when btc will go to up but altcoins goes down, and when btc fall down also altcoins fall down. It is very serious moment for the trader.If any body got the situation when btc will up and down he must success in trade.So i want to say that when the btc is remaining stable for few days or months Then altcoins can go up. In this situation i am holding my btc and and try to sell altcoin as soon as possible and buy again in the dip.
hero member
Activity: 560
Merit: 500
Right now bitcoin have taken a dip so it can be good time to invest your money and maybe soon bitcoin will recover and you will make money.
sr. member
Activity: 2436
Merit: 343
I am just buying altcoins and right now i am just holding them because i believe that if the bitcoin cash rally will continue then the market of bitcoin will go down and i believe that is the time when altcoins will go up really high and bounce back from a huge dump in the market. This is the risk and consequence of trading and i hope that most of us will not quit just because of losses.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
I am facing this problem right now . I am an altcoin trader . I had never seen altcoins price fallen like now . I am holding all of my altcoins right now . I will not sell any of my coins until its price is stable again . I think holding is the right option for us right now
Yeah holding is best option for you. Don’t get panic on this situation. There is always a reciprocal thing between bitcoin and altcoin in the international market. Like now, bitcoins are going amazingly up and so is the downfall for altcoin, I understand you feelings. Keep patience and a time come when your altcoins will be getting their heads up. Wait and watch for good time.

Well hopefully the alts you've been keeping has recovered. Btc plummeted scarily earlier with the surge of bch. In cases like this, you're actually right in holding. If that's a reliable coin, your patience will be rewarded.
hero member
Activity: 896
Merit: 502
I am facing this problem right now . I am an altcoin trader . I had never seen altcoins price fallen like now . I am holding all of my altcoins right now . I will not sell any of my coins until its price is stable again . I think holding is the right option for us right now
Yeah holding is best option for you. Don’t get panic on this situation. There is always a reciprocal thing between bitcoin and altcoin in the international market. Like now, bitcoins are going amazingly up and so is the downfall for altcoin, I understand you feelings. Keep patience and a time come when your altcoins will be getting their heads up. Wait and watch for good time.
hero member
Activity: 896
Merit: 514
My tradng strategy is based on technical analysis and fundamentyal news. i basically trade altcoins then convert those profits to bitcoins since the price of bitcoin is usually stable in the longterm
This is best way to trade. I also keep up with various sites that do help to become updated about the recent activities involving currency rate changes as well as any recent news about the technical analysis of different digital currencies. First one must trade in terms of altcoin and then convert all the profit earned into the most stable currency that is bitcoins.

As trading is more vulnerable to losses therefore altcoins are better option for this purpose having a value of only 0.001 percent of single BTC.

full member
Activity: 229
Merit: 100
There are many strategies here. Holding bitcoin is one of them. Just hold bitcoin and exchange it to another altcoin when it hit the new peak. And wait for bitcoin to go down and sell all of your altcoins to bitcoin. Keep repeating until you x100 your balance. I have tried it and it do really work. But I have just only x2 my balance
sr. member
Activity: 1400
Merit: 259
Luck strategy. Opening the trading website at the right time.
I have experienced a lot of bad luck recently when I am late for the trade.
When I se at the trade history there have been a lot of sold coins that I support which are in better prices.
So now I want to see where I could go when I base it with that. I dont have the time to monitor it every minute for I have work so I will try that strategy.
jr. member
Activity: 57
Merit: 10
I'd simply say you spread out your investments in all: altcoins and bitcoin. When dealing with alts, one should be more prudent so you don't end up with shitcoin. More sooner than later, the right alts would come back up.
sr. member
Activity: 420
Merit: 256
اللعنة
When bitcoin price is down/up altcoins price will be down, when bitcoin price is sideways/steady altcoins will be up.
I don't agree. Bitcoin and altcoins are like two people that are both seated at both ends of a see-saw. When the bitcoin price rises, the chance is that the price of altcoins will fall , and when the bitcoin price falls, altcoin prices start to rise. In most cases, when the bitcoin price is steady, there's no much movement in the price of the alcoins.

With this basic principle always watch out on the bitcoin price forecast. But if you are a long term holder of alts then this will be not the case. Suggest put your investment on solid alts that can easily recover when the bitcoin price normalize. Also learn to have stop/loss in your trading platform to avoid heavy losses to the point that you can't bailout because of heavy losses. Just buy back after correction.
Also, you can't classify any altcoin as solid or weak, since cryptocurrencies are volatile that one day, the price of one of these altcoins might fall. The best thing to do is don't move out your investment in bitcoin. It is a good idea to hold bitcoin for long time. At the same time, invest a separate money to altcoins. Diversify your money to different altcoins. In this way, you can avoid, or at least minimize, your loss.
full member
Activity: 504
Merit: 100
Option Blitz
Undoubtedly, Buying Bitcoin is my choice now.  Cheesy. Bitcoin will go up for several times, I don't wanna miss the chance.
newbie
Activity: 46
Merit: 0
When bitcoin price is down/up altcoins price will be down, when bitcoin price is sideways/steady altcoins will be up. With this basic principle always watch out on the bitcoin price forecast. But if you are a long term holder of alts then this will be not the case. Suggest put your investment on solid alts that can easily recover when the bitcoin price normalize. Also learn to have stop/loss in your trading platform to avoid heavy losses to the point that you can't bailout because of heavy losses. Just buy back after correction.
hero member
Activity: 2632
Merit: 833
I am facing this problem right now . I am an altcoin trader . I had never seen altcoins price fallen like now . I am holding all of my altcoins right now . I will not sell any of my coins until its price is stable again . I think holding is the right option for us right now

Good. I'm also a altcoin trader and it really pain to see altcoin going red and dropping fast in the last weeks or so. I decided not to sell and take the lose, would rather hold because I'm waiting till this segwit2x is completed. Money today is on the bitcoin market that's why there is a exodus of altcoin traders to bitcoin. But I speculate that once the segwit2x activation is completed. Those hard core altcoins trader will simply go back to where they all know where the real money is. For now we can't do anything but to watch our altcoins suffered a bleeding. But you need patience and wait till after November 16. Altcoin sections will explode. So better buy them right now because the price is so cheap.
member
Activity: 140
Merit: 10
Invest most of capital in good long term coins, less risk, less nerve-racking. Save some capital for pump n dump cases and short term trading
sr. member
Activity: 1330
Merit: 291
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

Any time Bitcoin value increase there is always a tendency that altcoins will decline in value and that is what we are seeing at the moment. In most cases I buy more of altcoins whenever Bitcoin is increasing in value because there are very cheaper when Bitcoin value increase and sell altcoins when the revise is the case.
sr. member
Activity: 924
Merit: 260
Bitcoin has been doing very well since last month and altcoins get dump and some of them may find it very difficult to recover from the current down fall. Many of the coins has lose over 50% and some of them keep going down without hope of raise and I think the right thing to do now is to hold only bitcoin untill after the sigwith2x activation. I believe after the sigwith2x and bitcoin splitting we would experience a corrections in bitcoin price that will cost fund flowing to altcoins markets.
full member
Activity: 1750
Merit: 186
Would it be smart now to trade all your altcoins for bitcoin now?  The issue thought is it would be very hard to 2x your money with bitcoin.


I mean imagine a coin is 3 dollars.  Would you put that money in that coin to try to 2x it?  Or do it with bitcoin where its hard for the price to increase that much?


You hear people say invest in bitcoin.  Well most people do not even have the money to buy even 1 bitcoin because its so expensive.  So if thats the case, isn't altcoins the answer if you want to make big profits?  Because unless you are buying a lot of bitcoin... which requires lot of money, I don't know how investing in bitcoin can make you lot of money if most people can't even buy 1 of them.
full member
Activity: 420
Merit: 100
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


Previously I will install 3 buy orders, where I will enter the purchase price when the coin falls on 20-30%, the second I will enter the purchase price 50% when the coin falls and the last one I will enter the price 90% When the coins fall, I do to play fast
full member
Activity: 280
Merit: 100
Simple answer: use the chance to gather more altcoins when you had not have the chance before. Such times where stuff like this happen im always happy to have this oppurtunity and gather much much more coins.
Dont worry about it, the altcoins will always get back up.
sr. member
Activity: 457
Merit: 251
I think I will focus on the altcoin with really low price, basically, when btc price up, the price for altcoin will down, and some coin will suffer serious crisis, and it will touch the bottom of the coin, so this is the opportunity to catch those trading chance. I make a lot of money from this strategy, so  I decide to design algorithm to do such things.
sr. member
Activity: 270
Merit: 250
Maybe I continue to hold my altcoins. I think altcoins will recover after the fork. I will sell altcoins at that moment
newbie
Activity: 11
Merit: 0
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


I sold to bitcoin and now waiting for the fork. Will get some alts later.
hero member
Activity: 823
Merit: 500
SquidCoin.cash
I am facing this problem right now . I am an altcoin trader . I had never seen altcoins price fallen like now . I am holding all of my altcoins right now . I will not sell any of my coins until its price is stable again . I think holding is the right option for us right now
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


For now? I stay away from alts. Why not just ride this btc rise if you're thinking about profits. Its less risky now than trading with alts though i also took this opportunity to buy some alts at a low price. This is for holding until the market goes back to normal
legendary
Activity: 2576
Merit: 1655
My own strategy was simple. And i believe most of trader use the same. While Bitcoin was in peak price and seems to get dump, Convert your Bitcoin to altcoin with a good marketcap like Ethereum, Litecoin, Dash, Ethereum  classic. I wouldn't suggest to convert your bitcoin into bitcoin cash, cause it seem follow the bitcoin price movements. After the bitcoin seems to rise again, you should convert your altcoin aset, back to bitcoin, and sure you'll see that your bitcoin amount was increase. If You success with this, it will be better than just hold it long term.

Yes it's better to trade altcoins now than to hold it because there are many times that Bitcoin pumps that encourage the investors from the other altcoins to move their funds into Bitcoin because Bitcoin become profitable now than altcoins and it is good to join the flow of the market.
Investing and trading into altcoin is very risky because there are not that much people who are known of altcoin the only know coin is bitcoin so go for it, it gives you surety of profit and it will never let down its investor whereas market of altcoin is down and it will take a lot of time to rise whereas bitcoin is moving toward its peak so go for it and earn a lot and don’t invest into altcoin because their popularity is null.

On the contrary, there are lot of altcoin traders here so I don't know where you get the idea that there are not much people who are trading altcoins. But I have to agree with you saying that bitcoin is a better investment as compare to altcoins because the price of bitcoin is exponentially growing but some altcoins just died naturally. And most altcoins except for the top 5-10 are just purely for Pump and Dump.
hero member
Activity: 840
Merit: 516
My own strategy was simple. And i believe most of trader use the same. While Bitcoin was in peak price and seems to get dump, Convert your Bitcoin to altcoin with a good marketcap like Ethereum, Litecoin, Dash, Ethereum  classic. I wouldn't suggest to convert your bitcoin into bitcoin cash, cause it seem follow the bitcoin price movements. After the bitcoin seems to rise again, you should convert your altcoin aset, back to bitcoin, and sure you'll see that your bitcoin amount was increase. If You success with this, it will be better than just hold it long term.

Yes it's better to trade altcoins now than to hold it because there are many times that Bitcoin pumps that encourage the investors from the other altcoins to move their funds into Bitcoin because Bitcoin become profitable now than altcoins and it is good to join the flow of the market.
Investing and trading into altcoin is very risky because there are not that much people who are known of altcoin the only know coin is bitcoin so go for it, it gives you surety of profit and it will never let down its investor whereas market of altcoin is down and it will take a lot of time to rise whereas bitcoin is moving toward its peak so go for it and earn a lot and don’t invest into altcoin because their popularity is null.
member
Activity: 462
Merit: 10
guys at me all money beat in altcoins, and all has sunk in 2 times after bitcoin growth. What to do? wait?
member
Activity: 84
Merit: 10
My tradng strategy is based on technical analysis and fundamentyal news. i basically trade altcoins then convert those profits to bitcoins since the price of bitcoin is usually stable in the longterm
hero member
Activity: 2366
Merit: 504
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


I especially believe that and I always see that when BTC pump, then all Altcoin fall down. And also when btc down then Altcoin again also down Huh

when btc stable then altcoin pump. it is my strategy. so I am holding my all altcoin when btc up and down.

that will be difficult to combine that movement, Sometimes the movement will be changing instantly that depends on the market trend itself. Buy the dip will become the best way to earn the more profit in this time rather than follow the altcoin against the bitcoin trend.
member
Activity: 98
Merit: 10
https://boscoin.io
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


I usally buy more and more alts during such a dip. I buy little portions every day securing the cheapest price.

Also, trading vs. tether with little % profits works good.
full member
Activity: 244
Merit: 100
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


I especially believe that and I always see that when BTC pump, then all Altcoin fall down. And also when btc down then Altcoin again also down Huh

when btc stable then altcoin pump. it is my strategy. so I am holding my all altcoin when btc up and down.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
My own strategy was simple. And i believe most of trader use the same. While Bitcoin was in peak price and seems to get dump, Convert your Bitcoin to altcoin with a good marketcap like Ethereum, Litecoin, Dash, Ethereum  classic. I wouldn't suggest to convert your bitcoin into bitcoin cash, cause it seem follow the bitcoin price movements. After the bitcoin seems to rise again, you should convert your altcoin aset, back to bitcoin, and sure you'll see that your bitcoin amount was increase. If You success with this, it will be better than just hold it long term.

Yes it's better to trade altcoins now than to hold it because there are many times that Bitcoin pumps that encourage the investors from the other altcoins to move their funds into Bitcoin because Bitcoin become profitable now than altcoins and it is good to join the flow of the market.
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink
There is no strategy ,I  mean can't you see they have already been cornered by Bitcoin ? When you are backed against the wall,you can't do much but hold with false hopes.
Bitcoin holders fortunately don't have to face that situation since it's logical again to keep values in the coin which is recognised and not manipulated by the pump and dump groups.
full member
Activity: 364
Merit: 130
My own strategy was simple. And i believe most of trader use the same. While Bitcoin was in peak price and seems to get dump, Convert your Bitcoin to altcoin with a good marketcap like Ethereum, Litecoin, Dash, Ethereum  classic. I wouldn't suggest to convert your bitcoin into bitcoin cash, cause it seem follow the bitcoin price movements. After the bitcoin seems to rise again, you should convert your altcoin aset, back to bitcoin, and sure you'll see that your bitcoin amount was increase. If You success with this, it will be better than just hold it long term.
full member
Activity: 462
Merit: 102
Sometimes patience has an end.. So if this will not work,, holding for a long time maybe it’s time to sell my altcoin that has been decreasing positions this past few weeks.. Investing on bitcoin after is the main goal now,, more bitcoin means more profit and more free coin in the coming fork and after sold Segwit2x coin and buy bitcoin again.. That’s more of my pattern since bitcoin cash..
hero member
Activity: 882
Merit: 500
My business strategy is to wait for altcoin prices to decrease,I will buy into. then wait for the bitcoin price to drop, atlcoin price increase i will sell out and buy bitcoin. that's my my business strategy
This interchanging is so profitable, believe me if you are little interested in it and mainly, you can manage them better too. If this can happen, I will advise you to go for this. Your profits will be shoot up more than even single working in bitcoin trading.

Although it is little difficult to manage but hard things will give your hard profit. Make your life better with such monumental strategies.
full member
Activity: 644
Merit: 107
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

I do not have any strategy, sometimes this just happens without preparing a good strategy to trade, sometimes the strategy we use actually provide harm to us. I think not to listen to others because the best strategy is our own strategy. like yesterday I just waited for altcoin down to reach saturation point then I bought xrp with all my money, not so long the price came back and exceeded the price of the purchase.
full member
Activity: 476
Merit: 107
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


This scenario is not new to me that most of altcoin cryptos is having a red days again. It happened so many times before and for sure there will be more red days to come. I am fine and calm sitting in my couch and wait for my token that i HODL to pump again in the right time. I never sell my altcoins unless im having a profit from my capital of my investment Smiley
sr. member
Activity: 588
Merit: 351
Store more bitcoins and hold the other altcoins, days to go that altcoin price will be back to normal, just hold it and for bitcoin, buy now and wait until safezone
Same, my strategy would be calm, hold my altcoins when the btc price up. Usually the best solution when we see red zone in altcoins will hold and wait for the price to go up. Normally in altcoins we expect it will pump and down.

I too have some dent coins ICO tokens when I got in the pre sale time. I waiting longer than 2 months to see the price change in the chart. If the value arises I will sell it out. Altcoin investors always facing this kind of situation like when and where to sell because we cannot able to say what is the price today or tomorrow. If that amount of investment in bitcoin I think value changes in the two months make big value.
              For some traders they tend to panic easily and then just instantly sell when bitcoin begins to rise. Some of them just wanna ride bitcoin for more profits, while some also are taking advantage at the low prices of altcoins and tend to stock more altcoins, i even do this kind of tricks while i was reserving some funds in my wallet just in case for bitcoin when it rises.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
Store more bitcoins and hold the other altcoins, days to go that altcoin price will be back to normal, just hold it and for bitcoin, buy now and wait until safezone
Same, my strategy would be calm, hold my altcoins when the btc price up. Usually the best solution when we see red zone in altcoins will hold and wait for the price to go up. Normally in altcoins we expect it will pump and down.

I too have some dent coins ICO tokens when I got in the pre sale time. I waiting longer than 2 months to see the price change in the chart. If the value arises I will sell it out. Altcoin investors always facing this kind of situation like when and where to sell because we cannot able to say what is the price today or tomorrow. If that amount of investment in bitcoin I think value changes in the two months make big value.
hero member
Activity: 1428
Merit: 506
Store more bitcoins and hold the other altcoins, days to go that altcoin price will be back to normal, just hold it and for bitcoin, buy now and wait until safezone
Same, my strategy would be calm, hold my altcoins when the btc price up. Usually the best solution when we see red zone in altcoins will hold and wait for the price to go up. Normally in altcoins we expect it will pump and down.
full member
Activity: 262
Merit: 100
While altcoin I hold first and waiting for the altcoin ride back
sr. member
Activity: 602
Merit: 252
Everytime the same thing won't take place. Right now bitcoin has got a momentum to grow high. There is nothing certain about the tomorrow's growth. We can just make speculations based in the market. An diversified investment helps in earning good unlike the ups and downs of specific assets.
member
Activity: 340
Merit: 13
Store more bitcoins and hold the other altcoins, days to go that altcoin price will be back to normal, just hold it and for bitcoin, buy now and wait until safezone
hero member
Activity: 686
Merit: 500
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

Earlier,altcoin holders sold them to buy bitcoins so that they could get access to free BTG coins and so altcoins prices fell down and bitcoin price increased.

Soon after hard fork,it was expected that bitcoin holders after getting free BTG coins would just sell their bitcoins and once again buy altcoins.So,altcoin price was expected to increase.

But what happened was totally opposite to prediction.Bitcoin holders continued to hold their bitcoins sinc they would have that that very soon,after 5 days another hard fork might happen due to segwit 2x activation and so to claim another set of free coins,they felt comfortable to hold bitcoins itself.

So,i feel better to stay away from altcoins,atleast till the next possible hard fork.
member
Activity: 78
Merit: 10
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink



The name of the game has been and always will be, accumulate as much BTC as possible.
newbie
Activity: 18
Merit: 0
Bitcoin prices are too high, I will wait for the appropriate psychological price
full member
Activity: 364
Merit: 100
I have trusted altcoin so much. However, Now I don't. Altcoins price has dropped many weeks. I will sell all altcoins to buy Bitcoin immediately.
full member
Activity: 658
Merit: 100
I am all for holding! there can never be a better stratergy than this. If you fail to discipline yourself in ability to hold bitcoin specifically, it will amount to use sabotaging your financial greatness all by yourself!
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

Who said that Altcoins are going down in price? Have you been monitoring Ethereum as of recently? Maybe you never did, cause if you did, you will notice that the price was never depreciating in any way, rather it keeps on appreciating, though it’s little by little, but I’m sure that’s how Bitcoin has been all this while to.
full member
Activity: 140
Merit: 100
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


If you have altcoins in your position it’s either you hold it or sold it is in you discretion. If you hold and refused it wait until the price will increase and that is totally gor long term. If you sold them buy some bitcoin to have more free coins in this coming November 16th Segwit2x fork. This days as bitcoin movements increases, the better way to have profit is holding it.
hero member
Activity: 1008
Merit: 510
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


If an altcoin is down in price (and if it is a good altcoin) then that is the time to buy it. Always buy low and sell high, so theoretically if Bitcoin is at a new high and a good altcoin is low, you should sell Bitcoins and buy the altcoin.

However, you don’t have to trade Bitcoins for altcoins. You can trade Bitcoin for fiat or altcoins for fiat. There are many combinations for trading. I suggest that you stick with only a handful of trading pairs to make it less confusing.

Also, even when altcoins are down relative to Bitcoin, they may not be down relative to fiat, so you have several things to look at when trading.
sr. member
Activity: 546
Merit: 257
For me, I will wait until this weekend. If it does not recover, I will sell all to invest Bitcoin. Altcoins have dropped for a few weeks ago and I can't waste my time.

That is just obvious right? When bitcoin pumps, altcoins dumps. And the most effective strategy here is to wait for the bitcoin price to dump where usually altcoin prices pumps and then use that altcoins to buy bitcoin.
full member
Activity: 504
Merit: 100
Trading strategy is very conservative. I buy 95% bitcoins and play around with the other digital currencies on the side. These altcoins, and now forkcoins, are all extremely speculative and provide no long term value whatsoever. The risk is extremely high when you are investing and trading with these currencies, so it's much easier to just buy and hold bitcoins. You'll have less stress and more wealth.
I completely agree with you in this matter, especially if you take into account that the price for Bitcoin is almost again going to the maximum reading and other alternative coins are better exchanged for Bitcoin in any case. I have already made sure that only with Bitcoin can a good earning, and not with other coins.
full member
Activity: 267
Merit: 100
Trading strategy is very conservative. I buy 95% bitcoins and play around with the other digital currencies on the side. These altcoins, and now forkcoins, are all extremely speculative and provide no long term value whatsoever. The risk is extremely high when you are investing and trading with these currencies, so it's much easier to just buy and hold bitcoins. You'll have less stress and more wealth.
newbie
Activity: 56
Merit: 0
I have sold my btc as much as 75%, the profit I get is very remarkable.
To be honest, initially I was about to sell 25% for the cost of my sick mother's treatment, and I don`t know that Bitcoin has a significant increase, I'm finally interested in getting more profit, which 25% I left for investment.
full member
Activity: 392
Merit: 100
I split my investment on btc and alt. So, I can still get from the increasing btc, although on the other side my investment has a little weakening. But i am optimistic and can still be patient to hold it longer.
member
Activity: 159
Merit: 10
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

I think it is best to separate these two things out. If altcoins prices fall I will continue to wait until the price increases again. btc prices rise, if i am owning btc i will sell or wait for higher prices. If I do not own btc I will invest money in btc and wait for it to increase further to sell. To me, that's the best I can do.
sr. member
Activity: 586
Merit: 251
For me, I will wait until this weekend. If it does not recover, I will sell all to invest Bitcoin. Altcoins have dropped for a few weeks ago and I can't waste my time.
hero member
Activity: 1022
Merit: 517
When altcoin drops down, I will just keep it or I will buy some more as long as it is an alt which has nice chart in their trading history. Buying it more with a big hope that it will be pumped once bitcoin price goes down. I'm now buying more dogecoin, even though this coin has no so good trading history because most of the time it will only stuck at xx satoshi but I think it will up again in the future.
hero member
Activity: 924
Merit: 506
There is no definitive strategy in such situations, If you are holding altcoin and bitcoin price moving fast upwards you are losing money just by holding them, Now people are selling their altcoins to get as much bitcoin as possible, When they are dumping who do you think is buying? Whales are stashing bags over bags of altcoins and later when miners dump their bitcoins for big profits they will actually buy back altcoins with the profit made from selling thus auto pumping them and make the whales richer. This is also my strategy since I'm a whale Cheesy
newbie
Activity: 25
Merit: 0
My business strategy is to wait for altcoin prices to decrease,I will buy into. then wait for the bitcoin price to drop, atlcoin price increase i will sell out and buy bitcoin. that's my my business strategy
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Personally I wouldn't touch my coins until the fork concluded and trading is live for the forked coin. The action needs to be swift though to not miss on dropped altcoins and to get the most value out of your investment. Also, I would sacrifice any potential gains from the forked coin to invest on a much higher return for alts. In that way I'm making a nice hefty profit without wasting too much time as well
sr. member
Activity: 700
Merit: 275

Bitcoin prices are getting more expensive and the price of altcoin is getting lower.

For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.

Your answer is greatly appreciated.  Wink




There is opposite correlation for sure. As if now if you see the HitBTC trade window then you will find how the top alt coins are down to -10-20% and how the bitcoin is completely green with +7% of rate as compared to start point. I mean there is simple fact of people selling alt coins for bitcoin and thats why pumped prices of bitcoin. Also, bitcoin is getting its potential hike form the real world also as new investors are popping in everyday which makes it more stronger currency. Once people see that how it is going they will always choose to buy more and sell the alt coins as an investment for it, thus making the effect even larger. May be thats why all this.

sr. member
Activity: 1876
Merit: 289
Zawardo
I'm only trading in ethereum or litecoin they are trusted coin for me, I don't know other altcoin some they are not trusted because some coins that I trade  did not go up even bitcoin is going down, well my strategy is once bitcoin price is up and if my altcoin like ethereum is going down then I'm gonna hold it, well I'm sure it will go up its like a roller coaster you know.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


For me, i will be hold the coin until the price up again.
I am not worried about that  Wink
I think your decision is not good for future. Altcoin value is more fluctuation in the market. So better we change to invest in Bitcoin. Some users are before think the future value. Which coin is good for future. How it is develop in the market. Because we choose good altcoins or Bitcoin. Most of the traders are invest Bitcoin. They have good profitable investment in the market.
legendary
Activity: 1190
Merit: 1002
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


My theory is simple i am just holding my altcoins and not at all watching the price as i know they are down more then 90%. Next week i am getting my payment then thinking of investing in them as i know when bitcoin correction will start all altcoin price will start to jump
full member
Activity: 798
Merit: 103
If i want stability, i would buy Dogecoin. But if i want to earn more coins, i would buy BTC. Dogecoin is very solid compare to other altcoins (it's value doesn't change a lot), BTC is very strong and a sure investment.
sr. member
Activity: 1066
Merit: 261
Just follow the ecosystem. Regarding bitcoin huge bull run, altcoins market turns into Bloodbath. That's normal so don't be crazy HODLer of altcoins. Bitcoin hitting some resistance, then expect Alt coins to be going up. Alts will go up afterwards as money flows back into the ecosystem.
full member
Activity: 292
Merit: 100
I was trading Altcoins a until a few days back. It all happened when the BTG fork was going to happen.
Most of the people were selling Altcoins to receive the free BTG. I thought the prices would bounce back when the fork is over but to my astonishment the prices went further low. It was that time when I sold all my Altcoins and started to hold BTC. I must say that holding BTC is generating more profit than the Altcoins.
full member
Activity: 308
Merit: 105
I am mostly accumulating alt-coins with a little active day trading also, if a coin has a small spike then I'm selling off in the expectation it will fall again to a previous price, that way I'm gaining alts and when they eventually rise I should profit nicely.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


Since Im used to face the risks, then I will just let my alts stay. This is the challenge on doing altcoin trades. While Im losing the value of alts but on the other hand, bitcoin price was continously rising then it's fine on my side. No worries.

I have criteria whether which alts can be considered as long term and short term. For those coins that I considered short term, once I think they are experiencing their price hype, I will quickly pull the trigger to dump them all especially those coins I got for airdrop and bounties. For alts that I considered good for long term holding, I considered them as loss so that I will not mind them even their value got to zero.
member
Activity: 63
Merit: 10
As an altcoin trader you should be aware of the greater risk associated with this activity, bitcoin is already highly risky so altcoin are even more and so you should be using only money you can afford to loose. That's why either you keep trying to catch the lucky fish in the altcoin market or you hold during this troubling time.
legendary
Activity: 3052
Merit: 1188
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation.
Well, I usually hold since most of the coins on me don't really get that too much dips and even if they experience some few dips more than what I got, I buy more and wait for the crazy period to pass and then sell them at huge profit recovering any loss I could have had, that is if I eventually did anyway cause most times, I always end up getting back even more profit. One thing is that most of the pumps will get pumped back once the show ends.

if i have the alt coin and the price is up but the Btc going down, i prefer to sell half my alt coin, i'm sure they will ll going more higher, precisely.
This is an old and effective way of trading both bitcoins and altcoins. But in recent times few altcoins also showed good appreciations along with bitcoins. Hence we cannot be sure what is going to happen everyday. A simple strategy I do follow : hold bitcoins and never touch altcoins.
sr. member
Activity: 356
Merit: 250
if i have the alt coin and the price is up but the Btc going down, i prefer to sell half my alt coin, i'm sure they will ll going more higher, precisely.

and just hold bitcoin is good when you hold when the price is go down, never mind. Come back is real.
sr. member
Activity: 448
Merit: 250
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


For me, i will be hold the coin until the price up again.
I am not worried about that  Wink
legendary
Activity: 1372
Merit: 1005
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


If you exchanged your altcoin to bitcoin few back means you will be profitable now. According to current scenario, we need to see the what is best altcoins which can rise in future value wise. If you convert your bitcoin that exact coins which gonna rise in future means you will be profitable. If you invest on any shit coins or new ICO coins that is bad choice and you will loose your money.
legendary
Activity: 1218
Merit: 1006
I am ;
- Converting half of my bitcoin into Fiat while holding half of my bitcoin to buy alts when it will dump more.
- Buying alts with fiat I am getting from exchanging bitcoin, not buying shitcoin just buying coins with high marketcaps or top 10 coins.
- Will buy more alts with remaining bitcoin when fork will complete.

This might not be perfect strategy for right now but its my strategy which I am currently using for upcoming fork.
full member
Activity: 196
Merit: 100
When the altcoin prices are going down,i refuse to sell my altcoins and i just wait.
Sooner or later the altcoins will start to grow again.
The bitcoin price is just fine,i`m holding my bitcoins untill the of end the year and perhaps i will sell
most of my btc during January 2018.
I will hold my altcoin too waiting for them start growing again.
And may i know why you decide to january 2018?
Is there a chance for btc for dump on january?
member
Activity: 233
Merit: 10
I choose to rest in altcoin trader,and switch to btc-fiat market
legendary
Activity: 1946
Merit: 1137
these days i prefer staying away from altcoins. i find it a much safer strategy rather than trying to make any profit out of them. they are like falling knives right now and catching them can cause more harm to me than good.

i stay away, have my mind at ease and my money safe, then when the altcoin pumps began i'll make sure to come back and invest with a fresh strength and a calm mind.
in my personal experience whenever i keep my investment in altcoins and try to fight the market when i know i can't, i go mad and that means making bad decisions and they lead to loss of money.
member
Activity: 140
Merit: 10
EFFECT.AI▲Decentralized network for A.Iυ
Try to keep a diversified portfolio.

Also have a clear idea of how to divide up your capital, and then invest accordingly (e.g. 40% for established coins BTC/ETH,etc  ; 40% for promising alts ; 20% for short term flips/pump and dumps/high risk stuff)

That usually helps to keep your portfolio steady. Might not be the best and maximizing profit, but at least you'll always have some level of fallback and wont be too prone to losing everything at once.
full member
Activity: 540
Merit: 100
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

I think it is true that; if the bitcoin increase then the altcoins will go down. I have many altcoins and most of my altcoins are going down. I holding all of my altcoins because I know that holding can make more money.
sr. member
Activity: 644
Merit: 299
Firstly, it totally depends on the Altcoin I am holding, and since I do not really deal with shit coins, knowing how much they have made me lost so much in the past, I don’t usually get worried.
However, I have my stop loss set just in case there is going to be a very huge dip which I believe has always worked for me if I end up buying at the very huge dips and selling for profit later on and there are some altcoins that I don't really bother about, cause I know no matter the dip and once the cloud is clear, they are coming back straight up. I always get my cash back! There are just some patterns that would always occur.
hero member
Activity: 3150
Merit: 937
When the altcoin prices are going down,i refuse to sell my altcoins and i just wait.
Sooner or later the altcoins will start to grow again.
The bitcoin price is just fine,i`m holding my bitcoins untill the of end the year and perhaps i will sell
most of my btc during January 2018.
full member
Activity: 441
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink
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