Bitcoin up altcoin dump - page 4. | Bitcointalksearch.org

RealPhotoshoper

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Quote from: Humanxlemming on June 01, 2017, 12:52:15 AM

Quote from: viking02 on June 01, 2017, 12:14:55 AM

So basically whenever bitcoin goes up, altcoin goes down and vice versa?

Yes technically if bitcoin goes up. Then we can say that many altcoins would goes dump becuase of many trades selling their altcoin and will affect theprice of it. And they will buy bitcoin as soon as it's lower and sell it high. So after bitcoin pump they will their bitcoins in higher and buying many altcoins that have affect in bitcoin pump

It is not as simple as the thread title said .
Actually the cryptocurrency market is so complicated to understand and hard to predicted.
I can say it is feel like random market and even manipulateable , so the topic is wrong for me personally.

gilangIDR

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I think buying altcoin is the right choice when bitcoin prices increase. We know that the price of altcoin must have decreased quite high when it happened. We should not be afraid of losses because most dev altcoin will pump their coins. It can make us profit.

Humanxlemming

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Quote from: viking02 on June 01, 2017, 12:14:55 AM

So basically whenever bitcoin goes up, altcoin goes down and vice versa?

Yes technically if bitcoin goes up. Then we can say that many altcoins would goes dump becuase of many trades selling their altcoin and will affect theprice of it. And they will buy bitcoin as soon as it's lower and sell it high. So after bitcoin pump they will their bitcoins in higher and buying many altcoins that have affect in bitcoin pump

coynedterm

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Quote from: deddod on May 25, 2017, 12:14:55 PM

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh

I think buying altcoin is more better currently because we have the surity that once if we sell the Bitcoin
Then it will again go down and will came up high price , But if we bought the altcoin then after the down in the price of the Bitcoin it will goes increase according to the value and also according to the demand .
So here we can make more profit with the Bitcoin/altcoin buy then sell .
But if you have need to sell the Bitcoin for the money then ofcourse you should
Sell your Bitcoin in small amount ,So that you don't need to sell your Bitcoin at low price in the
Future during emergency need of the money .

xianbits

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Quote from: deddod on May 25, 2017, 12:14:55 PM

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh

I would say, buy altcoin and hold some bitcoin. Most altcoins now are too cheap making it the best time to buy them. Though bitcoin has already reached another ATH in the past week, I can see that it is not yet the very peak of bitcoin. That it would still go up as what other bitcoin enthusiast are saying so better hold some bitcoin.

viking02

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🌟 COMSA ICO: 10/02/17 🌟

So basically whenever bitcoin goes up, altcoin goes down and vice versa?

Buerra

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All cryprocurrencies related to each other with different chains. In forex you need to seel one currency to buuy another. It is almost same thing in this crypto markets. When one coin pumps,another one goes down. It is efficient market theory.

Wipro

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Quote from: xuan87 on May 31, 2017, 08:57:47 PM

Not all the time the alt coin price is going down when btc price is up, but for now buying alt coin is better than selling your bitcoin, bitcoin price will keep on rising, if you sell you will regret it, trading alt coin now is better because the price is quite unstable so there are many chance to earn profit but you need to choose which alt coin to trade, there are so many fake pumps so need to be extra careful when you buy alt coin

I will suggest to buy a litecoin or dodge as these altcoins value also moving upwards and Segwit seems activated on litecoin some weeks before. So you can buy the altcoin or start trading with altcoin both would right option now. Even whenever bitcoin price raises that time altcoins value also use to grow.

xuan87

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Not all the time the alt coin price is going down when btc price is up, but for now buying alt coin is better than selling your bitcoin, bitcoin price will keep on rising, if you sell you will regret it, trading alt coin now is better because the price is quite unstable so there are many chance to earn profit but you need to choose which alt coin to trade, there are so many fake pumps so need to be extra careful when you buy alt coin

Sanitough

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Quote from: Reid on May 31, 2017, 08:33:41 PM

Quote from: klixion on May 29, 2017, 03:32:54 PM

Cryptocurrency is like a roller coaster. Yesterday, everything was red. Now today, everything is green. If only you had a crystal ball to see in the future, everyone would be rich over night.

That will take off the balance of everything.
It is not always a win everytime we trade.
There will have to be losses in which we could learn from and see to it that next time will be different.
I have lost so much in trading but still it doesnt need to stop there.
It will be easier the next time.

That's why you need patience to make a good timing, if you panic you lose in the game.
When the time is not in your favor, better hold it then sell when you see the green.

Reid

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Quote from: klixion on May 29, 2017, 03:32:54 PM

Cryptocurrency is like a roller coaster. Yesterday, everything was red. Now today, everything is green. If only you had a crystal ball to see in the future, everyone would be rich over night.

That will take off the balance of everything.
It is not always a win everytime we trade.
There will have to be losses in which we could learn from and see to it that next time will be different.
I have lost so much in trading but still it doesnt need to stop there.
It will be easier the next time.

JellyO

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Quote from: Salazarian on May 31, 2017, 03:28:56 PM

Quote from: Gameroid on May 29, 2017, 03:01:04 PM

Quote from: death69 on May 29, 2017, 02:27:42 PM

ON the previous week, not only altcoin dump but also bitcoin and I have lost a big amount of money in that dump. Damn it. Everything was ridiculouos

you need to be very much careful. the market usually take correction at that time which cause the price of decrease but not too much. you just need to hold your bitcoin and not to sell it in such situation. i think through this way you can really prevent yourself from a big lost. i think the best thing is to study about the coin where we are are going to invest money.

to me i think those people who have good experience in trading, they know all the tic ticks in trading , investment and gambling. i think experienced trader never trap by panic selling. i think most of the traders mostly invest their money in gambling for long term, as long term investment is more safer than short term investment, in long term investment we mostly do not care for the little dumps and are expecting a good profit after some time.

Experienced traders are emotionless while trading. they don't see their account balance as money but as a video game score. they make rational decisions and can make calculated decisions while under pressure. I dont have that much experience in trading so long term investing is more suitable for me.

Salazarian

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Quote from: Gameroid on May 29, 2017, 03:01:04 PM

Quote from: death69 on May 29, 2017, 02:27:42 PM

ON the previous week, not only altcoin dump but also bitcoin and I have lost a big amount of money in that dump. Damn it. Everything was ridiculouos

you need to be very much careful. the market usually take correction at that time which cause the price of decrease but not too much. you just need to hold your bitcoin and not to sell it in such situation. i think through this way you can really prevent yourself from a big lost. i think the best thing is to study about the coin where we are are going to invest money.

to me i think those people who have good experience in trading, they know all the tic ticks in trading , investment and gambling. i think experienced trader never trap by panic selling. i think most of the traders mostly invest their money in gambling for long term, as long term investment is more safer than short term investment, in long term investment we mostly do not care for the little dumps and are expecting a good profit after some time.

BluePoppy

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If BTC price goes up, you can expect to altcoins go up as well. the prices of bitcoins and altcoins are very parallel to each other. the success of one coin will increase the success of other coins as well. cryptocurrency adoption is good for the whole market, not just for bitcoins.

olubams

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Quote from: deddod on May 25, 2017, 12:14:55 PM

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh

For me I would say it actually depends on the alt one has keep an eye on because without that there is no way one would know which one has reduce in price as a result of the increase in the price of bitcoin considering the fact that all alts react differently to any changes witnessed in the price of bitcoin and one might be making a mistake thinking the price has fall ready to increase not knowing it has reached a peak and ready to start dropping.

Gaaara

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Quote from: Monnt on May 31, 2017, 10:27:42 AM

Quote from: Gaaara on May 31, 2017, 09:50:16 AM

Quote from: deddod on May 25, 2017, 12:14:55 PM

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh

Sell bitcoin of course, because as the bitcoin price goes down again the lower value you can sell your altcoin, and in fact even if the price of altcoin goes down as bitcoin goes up it will still has the same value (if buying using bitcoin.)

I believe there will not be any definite plans with the respect to ups and downs of bitcoin prices impacting altcoin price levels. Because there were plenty of incidents when bitcoin prices were finding downfall whereas altcoins rising and also joining bitcoin prices for downfall. It is up to impacting current news and events. So, we cannot be sure all the times for sticking with one definite plan for this regard.

Thats true, but it is the safest among all the choices, if the bitcoin price goes high then selling is the easiest/safest way to ensure the incoming profit, because as we know altcoins are somehow complicated.

Monnt

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Quote from: Gaaara on May 31, 2017, 09:50:16 AM

Quote from: deddod on May 25, 2017, 12:14:55 PM

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh

Sell bitcoin of course, because as the bitcoin price goes down again the lower value you can sell your altcoin, and in fact even if the price of altcoin goes down as bitcoin goes up it will still has the same value (if buying using bitcoin.)

I believe there will not be any definite plans with the respect to ups and downs of bitcoin prices impacting altcoin price levels. Because there were plenty of incidents when bitcoin prices were finding downfall whereas altcoins rising and also joining bitcoin prices for downfall. It is up to impacting current news and events. So, we cannot be sure all the times for sticking with one definite plan for this regard.

Gaaara

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Quote from: deddod on May 25, 2017, 12:14:55 PM

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh

Sell bitcoin of course, because as the bitcoin price goes down again the lower value you can sell your altcoin, and in fact even if the price of altcoin goes down as bitcoin goes up it will still has the same value (if buying using bitcoin.)

Jewell

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Quote from: phr0stbyt3 on May 30, 2017, 09:19:50 PM

Most of the time when bitcoin price goes up altcoin price declines significantly so during this time people mostly sell their ethereum, dash and maybe ltc. So if the price of bitcoin goes really high it's better if you buy one of these. Nowadays the market is really unpredictable so can't really know which coin will be pumped when , but if you hold ether for a long time you can get some good profits

yes it is depending on bitcoin, price, as bitcoin is the main currency and most of the people like to invest in bitcoin specially when the price of bitcoin start increasing people put all their assets in bitcoin. they even sell all other altcoin for getting bitcoin to hold and when they realize that now the time is that bitcoin price will dump then they convert their bitcoin in to other potential altcoin and so the price of altcoins start bumping again.

zulkarnaen

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Quote from: phr0stbyt3 on May 30, 2017, 09:19:50 PM

Most of the time when bitcoin price goes up altcoin price declines significantly so during this time people mostly sell their ethereum, dash and maybe ltc. So if the price of bitcoin goes really high it's better if you buy one of these. Nowadays the market is really unpredictable so can't really know which coin will be pumped when , but if you hold ether for a long time you can get some good profits

Indeed at this time altcoin prices tend to be unstable and sometimes difficult to predict, maybe patience in holding a coin that has good potential of course can get a profit when the coin prices are actually rising.

Topic: Bitcoin up altcoin dump - page 4. (Read 5230 times)