BTC down ， does the altcoin will keep strong - page 4.

Mahdirakib

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Quote from: Renampun on May 22, 2021, 09:04:19 AM

there is no way the Altcoin market remains strong when the Bitcoin price shrinks...
the price of most Altcoins is still dependent on the price of Bitcoin, look at this time what happens to the market when the price of Bitcoin goes down. And regarding meme coins like Shiba, Akira, and others, I don't think the lifespan will be long.

Some altcoins price moves with BTC price but not all the time. Bitcoin price was showing stability while other alts price was increasing nicely in last few weeks. Although altcoins price dropped significantly beside bitcoin in recent few days and everyone knows the reasons behind it. But you are right, meme coins price won't increase in the same way always and those coins price may drop so quickly within a moment. Manipulation doesn't last forever.

conected

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Quote from: Renampun on May 22, 2021, 09:04:19 AM

Quote from: CryptoWarriorsssss on May 16, 2021, 12:22:42 AM

...

there is no way the Altcoin market remains strong when the Bitcoin price shrinks...

the price of most Altcoins is still dependent on the price of Bitcoin, look at this time what happens to the market when the price of Bitcoin goes down. And regarding meme coins like Shiba, Akira, and others, I don't think the lifespan will be long.

- The charts of most altcoins are showing very similar to the chart of bitcoin, quite confident that bitcoin is still the most powerful man in the crypto market, his headache can also make others bleed, instead of saying that altcoins are still strong at the moment, we should say that it is very sick, only a few altcoins are alive but quite exceptional and many signs of illness. Meme coins are really the ones who carry the most serious diseases when the severity of the disease depends on the size of the crowd and maybe the crowd is pretty much stuck on this new form

Renampun

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Quote from: CryptoWarriorsssss on May 16, 2021, 12:22:42 AM

...

there is no way the Altcoin market remains strong when the Bitcoin price shrinks...

the price of most Altcoins is still dependent on the price of Bitcoin, look at this time what happens to the market when the price of Bitcoin goes down. And regarding meme coins like Shiba, Akira, and others, I don't think the lifespan will be long.

Beparanf

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Quote from: MishaSER on May 22, 2021, 06:09:43 AM

As we can see against the general background, all these coins also dump 50%. DOGE and SHIB they will definitely stay, but I don’t know DOGIRA, she looks very bad and has few followers.

What smoke you are hitting. Those garbage meme coins is the one who dump hard this dip. I'm sure they will lose momentum now in the market because Elon starts this whole market crash in the first place. Avoid that kind of shitcoins without a serious goal in the long run. Check carefully there objectives and website description. You will notice that they are just hyping holders by introducing new tokens. LOL

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Activities are endeavoring to support their reality in crypto world where a significant number of monsters previously impacting and their for they need to guarantee their serving by giving their adopters something which they never encountered the safeguard is that sort of venture who is making life of their adopters simple and giving them pressure free life. I mean shitcoin generally have no spot, they are use to siphon and dump The buyer market have circles Understand that and you may free.

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As we can see against the general background, all these coins also dump 50%. DOGE and SHIB they will definitely stay, but I don’t know DOGIRA, she looks very bad and has few followers.

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Quote from: ?? on ??

If bitcoin goes down a lot like it is now, it's certain that altcoins are experiencing a lot of price declines, and that's very detrimental
to traders who don't have time to use stop losses.

For coins like you said, for example, Doge, shiba and Dogira, I don't guarantee if they can recover quickly, because Doge is a meme coin,
as people say about Doge. Also for shiba and Dogira.

Yes, indeed. When bitcoin down, the altcoin will follow. But not for all altcoins because some of the altcoins can defend their position in the market and not follow down. But yes, many traders are using stop losses to prevent this downtrend, and they don't want to get a big loss. The traders are waiting for the uptrend that will come, and they still searching for the altcoin that an increase in the next moment.

The coins listed from @OP have difficulty increasing and it still waiting for the recovery phase from bitcoin. If bitcoin still going down for more, I am afraid that those coins will go down for more.

btc78

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Quote from: CryptoWarriorsssss on May 16, 2021, 12:22:42 AM

As we can see the market

The BTC was down to 48K

what about the altcoin ？

especially the ‘ZOO’ Shocked

$DOGE-$SHIB and $DOGIRA ， do those got the change to keep strong？BTCBTC

Beside the NFT and animals ，

for me ， I am trying to less my RISK,

turn to the Risk-Free is best

About the risk-free ，, I would like to say ‘Shield’ will be an alternative choice for its First Risk-Free Decentralized Perpetual Protocol.

See it for yourself https://coinmarketcap.com/ Now tell us does Altcoin seemingly Showing strong ? or just dumping like what Bitcoin does?

all of the top coins are in double digit losses now so i think there is no indication that some kind of Altcoins season is happening any moment.

and also this shows that Still bitcoin is the trend setter and there is no altcoin season that coming soon.

ningrum

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Quote from: ?? on ??

If bitcoin goes down a lot like it is now, it's certain that altcoins are experiencing a lot of price declines, and that's very detrimental
to traders who don't have time to use stop losses.

For coins like you said, for example, Doge, shiba and Dogira, I don't guarantee if they can recover quickly, because Doge is a meme coin,
as people say about Doge. Also for shiba and Dogira.

That's the cycle if bitcoin goes down, altcoins also go down, but it seems that not all altcoins have decreased that much,
coins like ethereum and cardano don't seem to have dropped that much,
For Dogecoin itself it is not easy to recover and we'll see how it develops

Oilacris

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Quote from: livingfree on May 21, 2021, 03:07:07 PM

Quote from: ahoenk on May 20, 2021, 05:56:24 PM

Remember this !! And this happen from 2014 i observed it . Every time bitcoin going down or enter bearish phase, no coin will be stronger then it. If bitcoin crash,whole altcoin will crash too. And there willbe death coin after that. Gues how many coin death after 2018-2019 bear market ? Hundred altcoin..

Such experiences will help others to determine how do they deal with the current situation. If this is making everyone worry and you say that there's no need to worry, that's encouragement. And if you say that there were a lot of coins that has been dead when the bears came.

Then, those holders of altcoins should also worry for themselves and create a plan how will they deal with it.

You are the only ones who could really make your own fate and not the others because making out decision on one self would be always the deal in the end of the day.

Study and based up your actions into the past experiences you had on this market. Try to observe about the correlation of trends between Bitcoin and Alts which its not really opposing from time to time
but rather going into the same trend.

If you dont have any choice nor trust up much on the altcoin you've been holding then its up to your own decision whether you do hold or simply cut-loss.

livingfree

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Quote from: ahoenk on May 20, 2021, 05:56:24 PM

Remember this !! And this happen from 2014 i observed it . Every time bitcoin going down or enter bearish phase, no coin will be stronger then it. If bitcoin crash,whole altcoin will crash too. And there willbe death coin after that. Gues how many coin death after 2018-2019 bear market ? Hundred altcoin..

Such experiences will help others to determine how do they deal with the current situation. If this is making everyone worry and you say that there's no need to worry, that's encouragement. And if you say that there were a lot of coins that has been dead when the bears came.

Then, those holders of altcoins should also worry for themselves and create a plan how will they deal with it.

judaspriest

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C O M B O

nothing lasted when Bitcoin experienced a DUMP, look at all altcoin charts experiencing REKT,
down 50% in just a few days, it's terrible, whether this is the end of the bulls or is this a correction ?,
why should a correction like this ?, hmm very scary for a beginner of course!

sapnu

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If we'll take a look at the price pattern of altcoins with bitcoin, we can see that it somehow follows its price wherein whenever bitcoin enters a bull run, the altcoin will soon follow and when its value becomes bearish, altcoin might also do so. I'm not really sure if it will come out different right now considering the current price increase of altcoin and considering the fact that many are saying that it is altcoin season at the moment. Well, if you have altcoins on hold might as well prepare it because bitcoin continue going down for the next few months.

ahoenk

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Remember this !! And this happen from 2014 i observed it . Every time bitcoin going down or enter bearish phase, no coin will be stronger then it. If bitcoin crash,whole altcoin will crash too. And there willbe death coin after that. Gues how many coin death after 2018-2019 bear market ? Hundred altcoin..

bitterguy28

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Quote from: CryptoWarriorsssss on May 16, 2021, 12:22:42 AM

As we can see the market

The BTC was down to 48K

what about the altcoin ？

especially the ‘ZOO’ Shocked

$DOGE-$SHIB and $DOGIRA ， do those got the change to keep strong？BTCBTC

Beside the NFT and animals ，

for me ， I am trying to less my RISK,

turn to the Risk-Free is best

About the risk-free ，, I would like to say ‘Shield’ will be an alternative choice for its First Risk-Free Decentralized Perpetual Protocol.

None stays strong but USDT lol , check the market please https://coinmarketcap.com/

obviously almost everyone is in RED COLOR except USDT .

Garsipop

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Quote from: SDKmaster on May 19, 2021, 06:26:38 AM

Quote from: Oceat on May 18, 2021, 05:14:19 PM

I think as long as Ethereum price is high, all of these NFT defi tokens will still gonna hold but I won't consider it as strong. And if you are talking about risk here just expect it already there's no risk-free but instead minimize your risk to avoid losing much.

Anyway if Bitcoin is still holding at the $45k there's still a chance that Eth and other defi project will still be profitable but don't expect a long term profit just take your profit if you have the chance as long as you get your ROI then you are fine.

Now you can see that when Bitcoin falls all cryptocurrency market falls too. That is why diversification does not work. But there are investment funds that are not connected with cryptocurrrency. For example Defiscale.io that invest money in gambling and finance and does not depend from cryptocurrency.

If the project does not connect with cryptocurrency it price do not depend from the cryptocurrency market I cheked the price of DFC on HitBTC exchange https://hitbtc.com/dfc-to-btc. It raise but the market falls. I think that for divercification it is necessary to have different kinds of the projects.

Pitstry

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If you want fast money ride the coins with a price under $1usd. Specially the coins with so many zeros. Each move can give you tremendous amount of profit. Just select a good one with a good marketcap.

I am holding the following:

XLM
NEM
LEDU
SAFEMOON

elisabetheva

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Quote from: jesselui on May 19, 2021, 05:22:11 AM

Yes, it does drop in altcoins. But altcoins with low bitcoin dominance have not melted too much. But if it still continues to decline after that, bitcoin, altcoins will now be crushed.

agree, if bitcoin is corrected then it is clear that all altcoins also experience that, but the very deep correction of bitcoin does not continue to be experienced by all altcoins experiencing major corrections as well as bitcoin, there are still those who are able to not follow corrections like bitcoin, even though they are corrected.

but if bitcoin will continue to experience correction, of course we don't want this because we can be sure that altcoins will not be able to continue to survive properly and will experience deep corrections.
then there will be an impact on new projects that will not be able to keep up with this rhythm and there will be changes to extend or even suspend temporarily.
many bounties are clearly not going well, this will clearly be detrimental to many people.

SDKmaster

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Quote from: Oceat on May 18, 2021, 05:14:19 PM

I think as long as Ethereum price is high, all of these NFT defi tokens will still gonna hold but I won't consider it as strong. And if you are talking about risk here just expect it already there's no risk-free but instead minimize your risk to avoid losing much.

Anyway if Bitcoin is still holding at the $45k there's still a chance that Eth and other defi project will still be profitable but don't expect a long term profit just take your profit if you have the chance as long as you get your ROI then you are fine.

Now you can see that when Bitcoin falls all cryptocurrency market falls too. That is why diversification does not work. But there are investment funds that are not connected with cryptocurrrency. For example Defiscale.io that invest money in gambling and finance and does not depend from cryptocurrency.

jesselui

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Yes, it does drop in altcoins. But altcoins with low bitcoin dominance have not melted too much. But if it still continues to decline after that, bitcoin, altcoins will now be crushed.

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