Topic: BTC down ， does the altcoin will keep strong - page 6. (Read 966 times)
I hope they will but can't put into ignoring any possibilities that altcoins will follow if holders will start selling their cryptos. I expect for panic selling as it was very often to see when the market started to dump. But for now, we can still see that market remain calm (it was supposed to happen all the time) despite a marked red show especially for Bitcoin but wondering to see that the market standing still at a high price. Maybe we are able to say that investors and traders had already corrected their mistakes before and they keep themselves believing that this will be done in a short while.
Meh. No altcoin can sustain this disaster. Bitcoin is the king of everything. If it goes down, others have to follow its path
The only coins I see in green mode is ADA. I do not know what. Maybe the technology behind or upcoming events have some decent effects on this coin
The only coins I see in green mode is ADA. I do not know what. Maybe the technology behind or upcoming events have some decent effects on this coin
There are a lot of coins that have remained strong during this short-term bearish market with BTC.
Some of the coins are listed below.
And there are many more. It's just that people are hedging their assets, maybe BTC, towards another altcoin. With all the news surrounding the cryptocurrency market, like Elon Musk tweeting their view with BTC that it's an energy-hungry asset that causes environmental impacts. There are a lot of supporter investors that follow blindly what Elon says. I guess that's an impact as well.
Some of the coins are listed below.
- MATIC
- ADA
- REVAIN
- BAKE
- NANO
And there are many more. It's just that people are hedging their assets, maybe BTC, towards another altcoin. With all the news surrounding the cryptocurrency market, like Elon Musk tweeting their view with BTC that it's an energy-hungry asset that causes environmental impacts. There are a lot of supporter investors that follow blindly what Elon says. I guess that's an impact as well.
What do you expect bro those garbage coins will normally drain to the pipe where they belong I mean shitcoin mostly have no place, they are use to pump and dump The bull market have circles Understand that and you might loose just a little not much
Well, to be fair, without shitcoins and altcoins we won't have Tittok stars coming and saturating the market. We need these rallies followed by the crashes to make the industry more mature. To show people what works today must also work tomorrow and in the future, otherwise it's pointless as anyone can make shells and sell them for money, but what keeps the network strong? We can't know this without shitcoins and the lessons they teach.
This is the best time to have a platform like shield protocol in the cryptosphere, risk management is very important in a volatile market like crypto, I will take my time to read about Shield protocol. I will probably turn to them especially in the current market condition.
'Indeed
These animal coins gonna have a hard time, maybe shib and doge which has large market cap wouldn't shake but the rest of shitcoins definitely gonna have great backlash, as far as i know the people who invested into such coin also fragile emotionally and get panicky too much seeing the market movement, slight word of elon could dump their market to half of its price if bearish market are to be coming the people definitely will do massive selling since this kind of coin could only live in bullish market where everyone throwing money at everything.
I think the next bearish market gonna eliminate such coin from the market and only left very few coins.
I think the next bearish market gonna eliminate such coin from the market and only left very few coins.
This is the best time to have a platform like shield protocol in the cryptosphere, risk management is very important in a volatile market like crypto, I will take my time to read about Shield protocol. I will probably turn to them especially in the current market condition.
That's right, the last few weeks have been a red zone for BTC, not even just BTC, almost all altcoins have experienced a significant decline, but just remember one thing, don't worry and don't panic, what we've experienced in the last few weeks is just a short correction. , no need to worry, all altcoin prices will improve at the end of June, take the opportunity now to buy more little by little at lower prices.
The BTC was down to 48K
what about the altcoin ?
When Bitcoin is decreasing, most altcoins will follow it. I am not surprised if the prices of most altcoins dropping gradually. We can see the current charts of most altcoins in Coinmarketcap or in CoinGecko, they showed the downtrend. It is actually something usual and normal to happen, but I don't expect if the Bitcoin price to go below $40K. There should be a huge fall in altcoin prices if it really happens.what about the altcoin ?
What do you expect bro those garbage coins will normally drain to the pipe where they belong I mean shitcoin mostly have no place, they are use to pump and dump The bull market have circles Understand that and you might loose just a little not much
Bitcoin is down, altcoins will suffer.
Though the dominant rate of bitcoin has significantly dropped it's still the most dominant that it could affect the entire market by its movement. We are now seeing a panic selling, and that is because of non-other than Elon Musk. We don't know how low it will drop, but I have not seen bitcoin drop to $40k below, so it's crucial if we will see it now or not, because if it will drop that low, we can expect more drop of bitcoin that would cause more panic.
Though the dominant rate of bitcoin has significantly dropped it's still the most dominant that it could affect the entire market by its movement. We are now seeing a panic selling, and that is because of non-other than Elon Musk. We don't know how low it will drop, but I have not seen bitcoin drop to $40k below, so it's crucial if we will see it now or not, because if it will drop that low, we can expect more drop of bitcoin that would cause more panic.
If you believe the stock to flow site, then we are only at the beginning of the bull run https://prnt.sc/130f1g6. Here you can see for yourself this site shows good Bitcoin analytics since 2010. https://stats.buybitcoinworldwide.com/stock-to-flow/
As we can see the market
The BTC was down to 48K
what about the altcoin ？
especially the ‘ZOO’
$DOGE-$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.
Yes, the current market outlook seems we are heading to the bearish season in Crypto but I am optimistic that BTC will bounce and we will see another run. Having said that, there is no risk free Investment just like you said of shield project. Anyways, I have not come across the Shield project you talked about but I will appreciate if you can give more details about the project.
Bitcoin and other alt market are facing heavy selling pressure. Elon statement on Bitcoin, and Vitalik dumping all his dog coins cause the red market. If Elon Musk and Buterin dump all his 50% share the price would fall like crazy. To be clear, the coin will grow only if fundamental are good. Buy coins and invest them so you can make constant interest daily. Altcoin can't survive to long if Bitcoin continuous falling.
some of the altcoins I hold on to for now have dropped in price. however, it is a natural thing, because the effect of bitcoin price movements is very influential on the altcoin price. Until now, I am still holding it, and I hope there will be a boost so that the price of bitcoin can reach even higher prices.
Some are not yet affected but can't hold any possibility that altcoins will follow if panic selling will be triggered after seeing a declining trend of Bitcoin. Will, it is to know that very often altcoins will follow the trend of Bitcoin.
Maybe, people are now thinking about Selling or Hold. Can't deny this.
But, I'm just hoping that there is no panic selling to happen otherwise, we will going to experience the bearish season once again. I think we have to prepare ourselves then and think the best way to secure our funds before missing it.
Maybe, people are now thinking about Selling or Hold. Can't deny this.
But, I'm just hoping that there is no panic selling to happen otherwise, we will going to experience the bearish season once again. I think we have to prepare ourselves then and think the best way to secure our funds before missing it.
To be fair, any alts will dump when BTC take a hit. It doesn't matter if your project is good or not, when BTC is sinking, the rest of them follows. That's how market works in general, since most of them are paired with BTC. That being said, just like how ICO hype dies, I believe those shitcoins won't stay too long in the game. Maybe next year they'll be gone forever, but a new stupidity will rise in the next bull run.
Hopefully strong project regardless of the market (defi, NFT, etc) will be able to show its full value and won't be killed due to this crazy hype.
Hopefully strong project regardless of the market (defi, NFT, etc) will be able to show its full value and won't be killed due to this crazy hype.
Not always, and especially less so now. Right before Elon's Tweets, particularly on his latest rounds, Bitcoin was already struggling for a while to break the 57k barrier, but ETH was steadily climbing and climbing to the point it was gaining 10% when BTC was losing 2/5%. And memecoins and defi coins were also not really following BTC around the same time.
If Bitcoin falls but Domain BTC.D rises or sideways, altcoins still cannot hold.
Observing the money flow and BTC.D index is very important in predicting the next market trend. In case BTC drops in the price we should exit or set stop-loss to avoid losses.
Observing the money flow and BTC.D index is very important in predicting the next market trend. In case BTC drops in the price we should exit or set stop-loss to avoid losses.
To be fair, any alts will dump when BTC take a hit. It doesn't matter if your project is good or not, when BTC is sinking, the rest of them follows. That's how market works in general, since most of them are paired with BTC. That being said, just like how ICO hype dies, I believe those shitcoins won't stay too long in the game. Maybe next year they'll be gone forever, but a new stupidity will rise in the next bull run.
Hopefully strong project regardless of the market (defi, NFT, etc) will be able to show its full value and won't be killed due to this crazy hype.
Hopefully strong project regardless of the market (defi, NFT, etc) will be able to show its full value and won't be killed due to this crazy hype.
Those dogecoin that you've mentioned above and any related coin with dog images has no potential to become strong again mate base on the situation, wherein unless doge pumps back to make green in the market because base on my technical analysis when it comes to this alt that named after doge.. there's actually no way that they can survive because they literally basing to the real dogecoin situation, (they will bloom when the real doge is blooming also) .. Check it confirm and for you to see what im talking about..
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