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Topic: Dump the alts - page 6. (Read 1733 times)

sr. member
Activity: 2002
Merit: 250
May 14, 2019, 06:24:50 PM
Unlike in the past where most of the newly listed coins has high price, many of the new coins has very low price they first listed in the exchange. Both bounty hunters and investors contributes to price dumps when sell the coins. Even those new coins with big potential to go up in the future are experiencing dumps in their prices because of the early profit-takers. The continuing uptrend of bitcoin will also affect the price of the altcoins because many people will shift their funds to the top cryptocurrency.
If we are a smart person, I will never be wasting my time in investing bounty tokens than of the existed ones. Bitcoin has its magic and no doubts that people will choose this coin rather than to look for another. They'll have the opportunity to gain and why we shouldn't take this advantage.
May this time people are too strong with bitcoin alone that is why Bitcoin has its high price than of altcoins.
if so, is the current increase in the price of bitcoin also because many investors are beginning to realize that searching for ico tokens does not profits, and finally they return to bitcoin simultaneously, which causes the price of bitcoin to return to its peak.
full member
Activity: 640
Merit: 100
May 14, 2019, 06:24:08 PM
it is the right decision if you have more altcoins than the number of bitcoins, it is good to swap them and survive with bitcoin, but not all of them can make that decision because they have different views. for me to exchange altcoins for bitcoin for the time being is a good decision.

if you look around, long-term investment in altcoin will be more profitable than bitcoin because the price is cheaper and if you experience a significant increase you will be able to get multiple profits, but unfortunately, not all altcoins have good potential in the future.

in the current situation, only Bitcoin is clearly not doubted for its growth even though it has experienced a very deep dump but is able to return its value to its highest figure, but all of that must patiently wait a little longer.
hero member
Activity: 2814
Merit: 518
May 14, 2019, 05:54:46 PM
Unlike in the past where most of the newly listed coins has high price, many of the new coins has very low price they first listed in the exchange. Both bounty hunters and investors contributes to price dumps when sell the coins. Even those new coins with big potential to go up in the future are experiencing dumps in their prices because of the early profit-takers. The continuing uptrend of bitcoin will also affect the price of the altcoins because many people will shift their funds to the top cryptocurrency.
If we are a smart person, I will never be wasting my time in investing bounty tokens than of the existed ones. Bitcoin has its magic and no doubts that people will choose this coin rather than to look for another. They'll have the opportunity to gain and why we shouldn't take this advantage.
May this time people are too strong with bitcoin alone that is why Bitcoin has its high price than of altcoins.
full member
Activity: 658
Merit: 102
May 14, 2019, 05:39:15 PM
Unlike in the past where most of the newly listed coins has high price, many of the new coins has very low price they first listed in the exchange. Both bounty hunters and investors contributes to price dumps when sell the coins. Even those new coins with big potential to go up in the future are experiencing dumps in their prices because of the early profit-takers. The continuing uptrend of bitcoin will also affect the price of the altcoins because many people will shift their funds to the top cryptocurrency.
full member
Activity: 899
Merit: 101
May 14, 2019, 03:14:47 PM
Mybopinion is that many crypto investors are already dumping other less popular alts for the likes of btc and eth that is the reason for the rise in the top cryptos, other alts are dunking. IMO it may not be a very good advice for those who wish to break even on their past great losses
unpopular altcoin especially token dumped by holder.they prefer to hold bitcoin or major coins in market in order to recovery they initial balance after loss alot in long bearish market.and if bitcoin reach its peak performance they could sell it and switch to their token to get more amount.
newbie
Activity: 28
Merit: 0
May 14, 2019, 03:14:13 PM
I'm not here to spread FUD before you start throwing accusations at me. I'm just saying though, Bitcoin is increasing in price, and it's probably a very wise idea to sell your coins and hold BTC at this point. I'm however not referring to alts like ETH, Tezos, LTC and the other solid ones out there. I'm mostly referring to the projects that have not followed the roadmap and didn't manage to deliver and let's be honest, there are plenty. Probably anything not in the top 15 in CoinMarketcap is not worth investing it (with few exceptions).

And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.


I agree with you. It is very important for the project to follow the roadmap and deliver in time. Yanu.ai is one of those projects Wink
member
Activity: 746
Merit: 10
https://axiomapay.com/
May 14, 2019, 03:14:03 PM
it is the right decision if you have more altcoins than the number of bitcoins, it is good to swap them and survive with bitcoin, but not all of them can make that decision because they have different views. for me to exchange altcoins for bitcoin for the time being is a good decision.
full member
Activity: 980
Merit: 114
May 14, 2019, 03:12:20 PM
Your opinion are very ok and specific it seems the Bibance incidents yield a positive result in the crypto community but, am a kind of worried despite the positive effects because no one knows what will happen when Binance finally open to operations. That is why we gat to do everything wisely since we all know the risk involved in crypto take decision that suit you no because you some one said it with you confirming it.
I have been thinking so too that binance paused on withdrawal and deposits contributed to the current price of most cryptocurrencies in the market bit even at that bitcoin price was already on the increase before the hack incident on binance but the rate of the growth of the price increase significantly after the accident, but that will not be enough reason to sell out your altcoins in panic that it may lose it value soon.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
May 14, 2019, 03:09:43 PM
LOL, if you take such advice from anyone does not matter who is and sell alts for btc, what is gonna happen you know? Alt season will start and repeat that till you many coins to whales.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
May 14, 2019, 02:54:10 PM
I'm not here to spread FUD before you start throwing accusations at me. I'm just saying though, Bitcoin is increasing in price, and it's probably a very wise idea to sell your coins and hold BTC at this point. I'm however not referring to alts like ETH, Tezos, LTC and the other solid ones out there. I'm mostly referring to the projects that have not followed the roadmap and didn't manage to deliver and let's be honest, there are plenty. Probably anything not in the top 15 in CoinMarketcap is not worth investing it (with few exceptions).

And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.

Always what you just affirmed is what happens, in fact, one of the reasons why always when bitcoin rises and the altcoins go down is by this same fact, most people or operators do not want to miss the movement, in fact the Most speculators including small whales.

The important thing of this is, that at the moment of bitcoin of the first correction turn, many speculators and investors decide to make the move to buy altcoins, since they are much cheaper and they know that if the bitcoin goes up, the altcoins will start to go up, this is a logic of the market that very few know.

To fulfill these expectations it is always necessary to emphasize that it always turns out to be successful when the bitcoin is in bullish trend stage, because when bitcoin falls for its recession it will not continue to fall, this is the guarantee that it is good to analyze and know when we are in trend bullish not to make mistakes in investments or financial decisions.
full member
Activity: 672
Merit: 100
May 14, 2019, 02:49:12 PM
If so, for one reason only. Everything was done solely to buy altcoins at super cheap prices. That is why I think the prices were artificially lowered. As soon as the prices of these altcoins increase, we will understand why all this has been done.
copper member
Activity: 617
Merit: 3
The wonders of the blockchain technology
May 14, 2019, 02:14:09 PM
Mybopinion is that many crypto investors are already dumping other less popular alts for the likes of btc and eth that is the reason for the rise in the top cryptos, other alts are dunking. IMO it may not be a very good advice for those who wish to break even on their past great losses
member
Activity: 623
Merit: 11
Proof-of-Stake Blockchain Network
May 14, 2019, 02:01:27 PM
This idea is not new. I have already seen periods of the beginning of Bitcoin growth several times, and as I recall, as the price of Bitcoin rises, the price of altcoins always began to fall. This is due to the fact that many investors are starting to switch to Bitcoin as the most reliable and, at the same time, rapidly growing asset at that time. This time there is no such thing.
hero member
Activity: 938
Merit: 500
https://youengine.io/
May 14, 2019, 01:50:48 PM
but the fall in altcoins in price relative to Bitcoin is temporary. when bitcoin growth will slow down people will start to buy altcoins and then we will see a bull run of the altcoin market
Exactly, the same was also in last year. In December 17, bitcoin reached its ATH and later when it was becoming weakene, altcoin started to rise and reached ATH at January 10 for all.
I am also confident in the growth of the Altcoins. For a simple reason, the Altcoins are now worth a penny and it is very profitable to buy them.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
May 14, 2019, 01:36:17 PM
but the fall in altcoins in price relative to Bitcoin is temporary. when bitcoin growth will slow down people will start to buy altcoins and then we will see a bull run of the altcoin market
Exactly, the same was also in last year. In December 17, bitcoin reached its ATH and later when it was becoming weakene, altcoin started to rise and reached ATH at January 10 for all.
jr. member
Activity: 504
Merit: 5
May 14, 2019, 09:30:47 AM
Your opinion are very ok and specific it seems the Bibance incidents yield a positive result in the crypto community but, am a kind of worried despite the positive effects because no one knows what will happen when Binance finally open to operations. That is why we gat to do everything wisely since we all know the risk involved in crypto take decision that suit you no because you some one said it with you confirming it.
newbie
Activity: 420
Merit: 0
May 14, 2019, 08:50:26 AM
I myself was surprised that the cost of altcoins has been declining for several weeks in relation to Bitcoin. As far as I know, altcoins have always sought in the Wake of BTC. I'm not an expert, but I think this means that the value of Bitcoin is growing because of the pump and very soon it can collapse.

I agree with you in part. Perhaps due to the effect of Binance exchange locking deposite and withdrawing Coin leading to this increase. When Binance floor opens again, the market will probably plunge
But I hope it will go up
newbie
Activity: 420
Merit: 0
May 14, 2019, 08:46:44 AM
I'm not here to spread FUD before you start throwing accusations at me. I'm just saying though, Bitcoin is increasing in price, and it's probably a very wise idea to sell your coins and hold BTC at this point. I'm however not referring to alts like ETH, Tezos, LTC and the other solid ones out there. I'm mostly referring to the projects that have not followed the roadmap and didn't manage to deliver and let's be honest, there are plenty. Probably anything not in the top 15 in CoinMarketcap is not worth investing it (with few exceptions).

And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.

In my opinion, besides the recent positive signals from the market, according to me, the Binance exchange is being attacked by hackers and the blocking of the withdrawal of Coin is the main reason for this price increase.
However, with the Coin trading on the dollar exchanges, when you see it green on Coinmarketcap it has increased in price. But there's no need to compare with Bitcoin's sts.
member
Activity: 420
Merit: 10
May 14, 2019, 08:19:09 AM
yeah very tough day, when Bitcoin price is increased Altcoin will automatically adjusting the price to $dollar, many people are losing Bitcoin not dollar. we shouldn't trade Altcoin when Bitcoin price were fluktuatif.
copper member
Activity: 182
Merit: 18
Crypto.BI
May 14, 2019, 08:08:59 AM
OP's advice is sound but I think folks are mixing up 2 different things here.

If you want to store value and hold for the long term, Bitcoin is probably the way to go.

If you want to GROW then altcoins are the way to go. Bitcoin has valuation potential of 5X in several years.

Some alts like BAT are ready to explode 30x easily when their final product goes live.

As always measure your risk x reward.

Incredible as it may seem, Bitcoin today is the more stable crypto while alts are the wild rides.
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