Do not panic - page 39. | Bitcointalksearch.org

Herbert2020

legendary

Activity: 1946

Merit: 1137

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

because there is a corresponding drop in price of altcoins instead.

Quote

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

not at all. the manipulation in altcoins exists because of a couple of important reasons
- the altcoin market is very small and it is always super easy to manipulate a small market than a big market.
- the supplies of these coins are usually in control of one person (eg. the dev who premined it) and they gain a lot of control and money over time that can manipulate the price with
- the pumpers are always present in altcoins and want to make money
- the true purpose of altcoins is to get pumped and dumped and this process is what gives people profit and everyone wants that. they don't want manipulations to go away because it is their bread and butter.

googs84

sr. member

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I guess they are already independent of each other and what drives them is their own project developments, progress in the products an services and rest of the factors but limited to that particular coins project. They never get affected with other altcoins, because both of them carries different environment for themselves. With the current situation bitcoin is up because it is breaking its own resistance, with the Q3 end coming to nearing it is very much agreeing thing that most of the people start investing into the Bitcoin and thats what causing the sudden hikes in the bitcoin. Altcoins will follow too because but people will fill up the bitcoin first and then alts.

hcoin01

newbie

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The most dangerous thing in the crypto market is to panic. If you panic and make an early move, you lose money.
Prices are constantly changing in the market. You have to make the right move at the right time.

lablab03

full member

Activity: 1064

Merit: 112

I agree because this is not the first time altcoin didn't corresponding along with bitcoin, wherein sometimes it happened especially if some altcoin holders jump quickly to convert their alt coins into bitcoin nstead of ignoring the opportunity to earn profits, but no need to panic because for sure if bitcoin stop increasing altcoin will pump as well.

wizmo

sr. member

Activity: 658

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I think we will see altcoin will also start to rising very soon. There is nothing to panic about as it's normal for bitcoin and altcoin they both can't increase at the same time and it's a good sign for altcoins.

labake

member

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Merit: 15

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

Great advice for everyone, you are really an observer. I reason with this and confirm that’s how it works exactly

oaks05

hero member

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bitcoin rally = guarenteed profits right now, alts will have there day when bitcoin rally slows down a bit.

lifesgood10

member

Activity: 378

Merit: 13

Quote from: AlisaWhishie on July 24, 2018, 11:21:29 PM

BTC Dominance is 47.3% according to CoinMarketCap today.
I can't say that it makes me panic, no, I'm just... confused. I always thought that when BTC would grow, alts would follow him. That's why my portfolio has no BTC, only altcoins and tokens. Now I know it's not enough diversified if you don't have BTC.

I think the dominance is fair from when it was a huge % difference
So let’s be positive of the progress on altcoins
It’s sure gonna be better

But ensure to hodl btc

Rossy Akbar

full member

Activity: 532

Merit: 100

well, I mean worry about the price was the normal feeling of all bitcoiners as long as you aren't panic. So what you can see nowadays btc is strating to rise up again, same happening as the last year, just wait and hodl it as long as you could.

MRlong

sr. member

Activity: 518

Merit: 250

No need to warn anyone about this cause I think they already knew it long time ago

. Of course you're trying to do good thing for other people but I can ensure that not everyone can hear you because of they don't know how to control their emotion and they'll be afraid about the future of altcoin and they'll try to cut their loss asap.

. This advice is useless for weak hand in this world

.

locsta123

jr. member

Activity: 92

Merit: 1

Yea it is totally normal for btc to rise and alts to fall (it's only been about a week for this pump) remember in dec btc went on a pump for a week or so then dipped, then alts went on an even bigger pump. I think for making money alts is where you should put your money and for securing your gains I would put them in BTC.

But it is always wise to never panic (which is hard if you end up with an investment larger than you ever though possible

)

dsdsdndn

copper member

Activity: 73

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I think this is discount time for altcoin, and I'm happy with this situation, I can buy more altcoin in hope that they will green soon on the market

batang_bitcoin

hero member

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Don't ever panic if you have bitcoin but if you still don't have bitcoin until now, there's a need for you to change some of your plans.

Instead of being calm and watching the market, make your own way to ride the market by buying bitcoin so your portfolio won't be bloody.

Nanda Dewi277

sr. member

Activity: 784

Merit: 251

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.

just be patient and stick with bitcoin, in the face of changing market prices, you should still be able to survive and continue to analyze if there is an opportunity to take immediate action. like buying at a low price and selling when prices start to grow, and you can also invest in the long term to get great results.

Danilotot

jr. member

Activity: 378

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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.

AlisaWhishie

member

Activity: 322

Merit: 20

BTC Dominance is 47.3% according to CoinMarketCap today.
I can't say that it makes me panic, no, I'm just... confused. I always thought that when BTC would grow, alts would follow him. That's why my portfolio has no BTC, only altcoins and tokens. Now I know it's not enough diversified if you don't have BTC.

jimmydvd

full member

Activity: 490

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someday altcoin will also experience an increase as experienced by bitcoin is only a matter of time and need patience until the cryptocurrency is truly accepted in the business world.

mmp95

newbie

Activity: 165

Merit: 0

Yes, don't panic. We must not invest too much in this year's encryption market, we must stay calm. Also keep enough patience. Now that the encryption market is starting to improve a bit, I feel that the encryption market will pick up in a few months.

gayletot

member

Activity: 323

Merit: 10

many really are surprised at the rapid decrease of bitcoin. especially and very slowly increasing, but do not feel nervous because cryptocurrencies really are the trade, pump and dump just go to hell, just think that you do not have to torture yourself.

UAE Seasider

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Helios Protocol https://discord.gg/cpzAEMB

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.

Topic: Do not panic - page 39. (Read 4755 times)