Do not panic - page 37. | Bitcointalksearch.org

KeikoKitagawa18

member

Activity: 364

Merit: 10

World Family Coin

Quote from: cryptobae10 on July 24, 2018, 10:57:52 PM

Recently I have observed that for every pump or increase in price of bitcoin, there is no corresponding increase in the price of altcoins

Even though this causes a lot of people to worry, it is best as it prepares altcoins for self dependence and it also limits manipulation of altcoins

Soon enough both bitcoin and altcoins will be non dependent on one another totally

Ye we don't need to panic, bull market already come. It will be a same scenario like previous year and for altcoin im sure altcoin price will rise in the end Q4, in the end Q3 i think btc price will rise until 10k+.

Cokodi

full member

Activity: 252

Merit: 100

they do not really depend on each other, but they are in the same market, so there is still some effect there

nwanne

jr. member

Activity: 280

Merit: 2

The FASTEST and MOST SECURE Token Exchange

Some altcoins increases as well, but it is only the strong coins that increases, eth increases too when bitcoin is increasing but normally when bitcoin increases after a while, altcoin will follow

Kuzja

newbie

Activity: 115

Merit: 0

Quote from: UAE Seasider on July 24, 2018, 11:01:48 PM

The most sage universal advice from the pen of Douglas Adams and the Hitchhikers Guide to the Galaxy. You should never panic where investment is concerned and don't let emotion take over your decisions. You need to keep a cool head when analysing the direction of the market and yes sometimes we need to make a snap decision but do those in a calm way and you will make the least poor decisions.

This is of course very good right advice. Unfortunately, it's very difficult to keep yourself in hand and not to go on about emotions.

Michail9090

full member

Activity: 560

Merit: 100

Change Your Worlds Build a New Era!

all altcoins depend on bitcoin, now the price of altcoins stands still, but soon there will be growth when bitcoin will settle down

chokomenia

member

Activity: 364

Merit: 10

take & Vote or Become a IoTeX Delegate!

For now altcoins depends on bitcoin, any time bitcoin is making a major increase in price, altcoin suffers that is to show you the dominance of btc in the market, I think unless exchanges that will make each coin dependent exist more then i don't think that would stop any time soon

NikNikKomarov

full member

Activity: 378

Merit: 100

If you decide to invest in crypto currency, you should understand the main rule that you should never give in to emotions when making a decision. Panic can only lead to the fact that instead of the dividends received, you will suffer damage. It is always necessary to keep a cold head and be guided by reason, buying or selling the crypto currency. Only in this way you will get the expected profit.

happy weblancer

full member

Activity: 518

Merit: 114

I do not think it's good when the altcoins do not depend on the growth of BTC or Eth. I like to keep funds in altcoins and know that with the growth of BTC or Eth my altcoins will also grow proportionally. If altcoins will live their lives this may be fine, but I'm not sure.

Gekkoo

sr. member

Activity: 604

Merit: 252

To add i fully agree with most of the comments on this topic and in my opinion panico only hinders to see what really matters, in this case the need to make good choices and good projects. Yet many wonder why the altcoins do not take off like Bitcoin, but the answer is obvious, there is a gigantic dependence on Bitcoin's pioneering "spirit".

BlackBoxRecords

member

Activity: 280

Merit: 15

Pool of Stake

I rarely panic, but sometimes I get mad at myself if I have not been able to detect a problem with an ICO or a hodling.

OluwaTosin10

jr. member

Activity: 546

Merit: 4

Quote from: CryptoAssasin on July 25, 2018, 09:02:40 AM

I also don't understand why those altcoins are not flying up high together with bitcoin. Maybe because some are in FOMO with btc going to the moon and trading their altcoin to BTC. We waited so long for bitcoin to go up a price and it takes so much time before it surpasses $8000 so I understand why most altcoins are in red. Maybe it is part of altcoin corrections for a healthy price sooner or later. Let us just wait and be patience.

I think the problem with most altcoins is because their project development is slow, poor or nonexistent
But a good altcoin project will definitely increase in value as time pass by and all investments would be worth if you make your own research and act swiftly

CryptoAssasin

jr. member

Activity: 308

Merit: 4

MenaPay - Crypto made easier than cash

I also don't understand why those altcoins are not flying up high together with bitcoin. Maybe because some are in FOMO with btc going to the moon and trading their altcoin to BTC. We waited so long for bitcoin to go up a price and it takes so much time before it surpasses $8000 so I understand why most altcoins are in red. Maybe it is part of altcoin corrections for a healthy price sooner or later. Let us just wait and be patience.

Sungoku

sr. member

Activity: 462

Merit: 257

Quote from: Nexus77 on July 25, 2018, 08:54:22 AM

Quote from: cryptobae10 on July 24, 2018, 10:57:52 PM

Recently I have observed that for every pump or increase in price of bitcoin, there is no corresponding increase in the price of altcoins

Even though this causes a lot of people to worry, it is best as it prepares altcoins for self dependence and it also limits manipulation of altcoins

Soon enough both bitcoin and altcoins will be non dependent on one another totally

Quote from: Danilotot on July 24, 2018, 11:22:57 PM

Do not panic in that bitcoin. That's normal, so is the crypto, the market lows the call jan. so the beginners just calm down and nothing happens in panic panic.

panic will only hurt yourself because panic will only make the mind more chaotic. always relaxed if there is a market change, a newbie is usually easy to panic if you don't know about market changes. this is the risk if we invest in the crypto world.

But we have to control ourselves from panic or else we may regret for selling our investment at a loss. It doesn't matter the price now. Sooner or later, the bull market is coming.

Nexus77

sr. member

Activity: 504

Merit: 250

Quote from: cryptobae10 on July 24, 2018, 10:57:52 PM

Recently I have observed that for every pump or increase in price of bitcoin, there is no corresponding increase in the price of altcoins

Even though this causes a lot of people to worry, it is best as it prepares altcoins for self dependence and it also limits manipulation of altcoins

Soon enough both bitcoin and altcoins will be non dependent on one another totally

Quote from: Danilotot on July 24, 2018, 11:22:57 PM

Do not panic in that bitcoin. That's normal, so is the crypto, the market lows the call jan. so the beginners just calm down and nothing happens in panic panic.

panic will only hurt yourself because panic will only make the mind more chaotic. always relaxed if there is a market change, a newbie is usually easy to panic if you don't know about market changes. this is the risk if we invest in the crypto world.

makladun

full member

Activity: 406

Merit: 100

Coping your emotions is the main skill investors or traders should learn, as it helps you to surpass the crowd and see the potential ways to earn money at the moment when others panic and do sill things.

turbalan1

newbie

Activity: 22

Merit: 0

Quote from: cryptobae10 on July 24, 2018, 10:57:52 PM

Recently I have observed that for every pump or increase in price of bitcoin, there is no corresponding increase in the price of altcoins

Even though this causes a lot of people to worry, it is best as it prepares altcoins for self dependence and it also limits manipulation of altcoins

Soon enough both bitcoin and altcoins will be non dependent on one another totally

Most of people panic. But I believe that crypto market always change everyday.
BTC up, Altcoins down and reverse

alienwarrior

newbie

Activity: 7

Merit: 0

As you rightly said, it is best as it prepares altcoins for self dependence. If you're in this for the long term, every time the price of projects you trust in go down, it provides you with an opportunity to buy more. Wink

Nemonemo

full member

Activity: 770

Merit: 100

Adoption Blockchain e-Commerce to World

Quote from: andthereyou on July 25, 2018, 08:17:09 AM

We must control our self from panicking or else we may regret for selling our investment at a loss. Just don't mind of the price right now. Sooner or later the bull market will come.

It's true that we must be able to control ourselves, of course,
and most importantly we do not panic because if so then we will lose,
most importantly we must remain calm and be patient with the conditions that exist

kodtycoon

legendary

Activity: 1568

Merit: 1002

Quote from: cryptobae10 on July 24, 2018, 10:57:52 PM

Recently I have observed that for every pump or increase in price of bitcoin, there is no corresponding increase in the price of altcoins

Even though this causes a lot of people to worry, it is best as it prepares altcoins for self dependence and it also limits manipulation of altcoins

Soon enough both bitcoin and altcoins will be non dependent on one another totally

I was not worried and panicked at all, even I had long observed it was like that happened. But most of the alts will follow the movement of bitcoin prices even though they have an unequal percentage, at least we will know when the alts will pump or dump.

Niobeh

member

Activity: 275

Merit: 11

Quote from: francesyrus on July 25, 2018, 08:39:56 AM

Quote from: cryptobae10 on July 24, 2018, 10:57:52 PM

Recently I have observed that for every pump or increase in price of bitcoin, there is no corresponding increase in the price of altcoins

Even though this causes a lot of people to worry, it is best as it prepares altcoins for self dependence and it also limits manipulation of altcoins

Soon enough both bitcoin and altcoins will be non dependent on one another totally

You are right on that, that bitcoin and altcoins are not dependent on each other. Now I see that BTC increase its value while ETH decreases.

For traders like me, it is not good when BTC increases while your portfolio is all turning reds. (for my own opinion only)

In order to earn profit in this technology make it sure not to panic when it comes to trading or selling coin because it can ruined your decision and comes to regrets at the end, be calm and not to emotional when you're involve here better to wait for the percect time.

Topic: Do not panic - page 37. (Read 4755 times)