Has the price of Altcoin stopped in one place? - page 3.

Latviand

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Quote from: Kupid002 on February 02, 2020, 08:38:32 AM

Quote from: aliijaz12560 on February 02, 2020, 06:56:13 AM

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

there is something needed before you can see increase of the price altcoin . Big news that can affect its price or any other update than can help them to increase its price, then its need more investors addoption and follow the hype and it will continue to increase.

The price of some altcoins are aligned with the price movement of Bitcoin so maybe that is another factor to consider. The market value of Bitcoin is a bit stabilized at $9k mark and same thing happened with the price of ethereum and other altcoins.

Quote from: Shallow on February 24, 2020, 06:51:04 AM

Quote from: aliijaz12560 on February 02, 2020, 06:56:13 AM

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

Not all altcoins were or are in a fixed position, it is hardly even done as the price is a coin is dependent on the number of people buying as well as the the number of people selling. It's either it is going down or rising, any altcoin fixed on a certain price is a stablecoin and if it's not a stablecoin then it means something is wrong or the altcoin has been abandoned. Also, during bear market might maintain a certain range of price or dump as wel and once the market changes for good the price will increase; a good example is ETH.

Maybe, he is speaking in general. The market value of most cryptos including alts have decreased recently and is now at a certain point covered with green marks. But the prices are playing pump and dump in a certain price mark ; bitcoin for example at $9.6k mark.

Quote from: dongosquad on February 23, 2020, 07:53:28 PM

The price of cryptocurrency is entirely determined by demand and bid. Economic law applies here. If there are rumours or good news that support a project, it will increase market interest, and vice versa. In this case, BTC price movements also tend to influence. So this is still volatile

Bitcoin at this point has its advantages with regards to Bitcoin halving. There is an anticipation of an event believed to trigger an uprise to its market price. This anticipation is making huge expectation with regards to its price making Bitcoin more popular to the eyes of investors given that such anticipated event happened before and the result is promising.

SaidNurs

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I still don't understand what you mean, I think the price of the compilation of goods / coins will go up a little. If the price of an altcoin stops in one place I'm not sure about it, there will generally be price fluctuations. Always think positive

Swordsoffreedom

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Quote from: fuer44 on February 24, 2020, 10:01:33 AM

yes, because basically the price of altcoin will depend on the trading volume, which means the transaction or the purchase volume of the altcoin. if many buy then the price will continue to pump and if many sell, the price will fall. it is based on the crypto supply and demand laws as many experts have explained and that is also part of the cause of the volatile crypto market.

In maximum time price of altcoin depends on the price of bitcoin. No one wants to make a loss in their investments. As a result, everyone is more interested in investing in coins having more liquidity. So, people are more investing in bitcoins or coins having same liquidity as that which is making the price of other coins go low.

So, there is only two way,
1) If altcoin able to attracts more investors then it will chance to go up.
2) If someday bitcoin loss its popularity (it's not happened anymore) then the price of altcoins might increase.

fuer44

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yes, because basically the price of altcoin will depend on the trading volume, which means the transaction or the purchase volume of the altcoin. if many buy then the price will continue to pump and if many sell, the price will fall. it is based on the crypto supply and demand laws as many experts have explained and that is also part of the cause of the volatile crypto market.

shaheer001

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I think you are wrong as there are many coins that price daily changes and some have got 10 to 30% price value like Ethereum, BTC, BNB,OKB, OGN, Lend. You must search the CMA type website which shows daily the topmost gainer and losers.

Shallow

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Quote from: aliijaz12560 on February 02, 2020, 06:56:13 AM

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

Not all altcoins were or are in a fixed position, it is hardly even done as the price is a coin is dependent on the number of people buying as well as the the number of people selling. It's either it is going down or rising, any altcoin fixed on a certain price is a stablecoin and if it's not a stablecoin then it means something is wrong or the altcoin has been abandoned. Also, during bear market might maintain a certain range of price or dump as wel and once the market changes for good the price will increase; a good example is ETH.

maydna

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Quote from: Lexurdania on February 24, 2020, 05:44:12 AM

Scalping is often done by expert traders but I think it's too risky without sufficient technical knowledge. Scalping is profitable because the trading period used is so short that expert traders can multiply their coins in a short time.

Yes, scalping is too risky if we don't have good knowledge of how to follow the price at the market because the price itself will still up and down on that day. If we still trying to do scalping, we can get a high price in buying, and we don't have a chance to sell at another higher price. I see some of my friends stuck in the high price, and they still hold until now because there is no choice to sell it right now. If they cut loss the coin with the price at that moment, they will get lost, and they cannot sell if the price suddenly has a chance to increase.

Lexurdania

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Quote from: ned.ryerson on February 24, 2020, 05:21:26 AM

Quote from: [email protected] on February 23, 2020, 06:15:20 PM

Altcoins aren't really going through the best of times right now. If you choose them for long-term investments, it is better to pay attention to reliable, proven coins. Or use a scalping strategy. This will help you increase your deposit in a short time.

scalping is not possible in manual mode. most likely if you use this strategy now you will lose more than you earn. look at the market. Bitcoin is now behaving very unpredictably and altcoins are also waiting for the direction of movement of bitcoin to go after it. scalping will be a good strategy during growth or fall, but not during the flat. Or maybe we can use robots for scalping.

Scalping is often done by expert traders but I think it's too risky without sufficient technical knowledge. Scalping is profitable because the trading period used is so short that expert traders can multiply their coins in a short time.

ned.ryerson

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Quote from: [email protected] on February 23, 2020, 06:15:20 PM

Altcoins aren't really going through the best of times right now. If you choose them for long-term investments, it is better to pay attention to reliable, proven coins. Or use a scalping strategy. This will help you increase your deposit in a short time.

scalping is not possible in manual mode. most likely if you use this strategy now you will lose more than you earn. look at the market. Bitcoin is now behaving very unpredictably and altcoins are also waiting for the direction of movement of bitcoin to go after it. scalping will be a good strategy during growth or fall, but not during the flat. Or maybe we can use robots for scalping.

jerrison

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Quote from: aliijaz12560 on February 02, 2020, 06:56:13 AM

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

The price f almost all crytpo assets is relatively tied to the up and down movement of the bitcoin price charts. If bitcoin stands at the current $9774(as at time of this comment) and an altcoin is at 500 sats and doesn't drop below that. i consider it to be a direct or relative reference to the price of the bitcoin equivalent in satoshi of the altcoin but that doesn't independently put the altcoin price as referred to as frozen or at a stand still point.

davinchi

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We should not be scared when altcoin prices are not moving too much, on contrary we should be afraid when altcoin prices move that frantically that we can't catch up. However that is the reality of crypto, prices of everything moves so much that sometimes some people get wealthy over night by luck, sometimes some people lose all they have in few days, so the best thing you can ever do is to just hope that you are in the right tide when the price moves and that is about it.

Altcoin will move again, it is actually moving now, if you check out the biggest movers of the day, there is definitely always a coin that went up 50%+ in a day and there is definitely one that went down 20%+ and that is not just today, every day there is always those coins, so we are just waiting for the whole market to catch up.

moonblocks

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Bitcoin has performed relatively well the past few months and alt-coins have been lagging a bit, hence its dominance over the market, increasing or remaining at its current rate, but this may change with the next uptrend and include top quality alternatives appreciating as well

dongosquad

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The price of cryptocurrency is entirely determined by demand and bid. Economic law applies here. If there are rumours or good news that support a project, it will increase market interest, and vice versa. In this case, BTC price movements also tend to influence. So this is still volatile

Kasabus

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Quote from: AliMan on February 23, 2020, 06:57:27 PM

Quote from: 10BTCaDay on February 23, 2020, 04:53:40 PM

Quote from: Furryball on February 23, 2020, 03:35:52 AM

Bitcoin is fluctuating since past weeks now so don't expect altcoins to maintain a high price any time soon until Bitcoin enters or breaks the 10k resistance level, I invested in two altcoins and am already in loss, I will wait till Bitcoin surge high again

I think that Bitcoin will now move in the range from 8 to 10 thousand for a very long time. therefore, do not stay in those altcoins that already brought you losses. look for other coins that are as volatile as bitcoin and continue making money

This price has been predicted last year and until now it wasn't gaining good, yet there's an attempt only but didn't come a very high value more than $10k. Altcoins is more worst than that, that's why it became so hard to see any further increase even if there's an increasing value of btc. However, there's always a good potential but we can't specifically see a nice trend for now.

Altcoins prices are not really as high as bitcoin but there are also some top altcoins that are really performing well. It really depends on the altcoin you invested. I think if bull run will happen this year, we can already expect majority of the coins including altcoins are going to take a surge. This is the time where altcoins prices do not stay on one place anymore.

AliMan

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Quote from: 10BTCaDay on February 23, 2020, 04:53:40 PM

Quote from: Furryball on February 23, 2020, 03:35:52 AM

Bitcoin is fluctuating since past weeks now so don't expect altcoins to maintain a high price any time soon until Bitcoin enters or breaks the 10k resistance level, I invested in two altcoins and am already in loss, I will wait till Bitcoin surge high again

I think that Bitcoin will now move in the range from 8 to 10 thousand for a very long time. therefore, do not stay in those altcoins that already brought you losses. look for other coins that are as volatile as bitcoin and continue making money

This price has been predicted last year and until now it wasn't gaining good, yet there's an attempt only but didn't come a very high value more than $10k. Altcoins is more worst than that, that's why it became so hard to see any further increase even if there's an increasing value of btc. However, there's always a good potential but we can't specifically see a nice trend for now.

Perfect35

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If some people accumulate more it means some are selling or should i use the word dump. By virtue of that, there will be pressure on the sell order, which will cause the price to fall, However, i still believe that altcoins, most especially the top ones, have the ability to keep growing, but do not expect that to happen every time. there will always be a time of correction.

[email protected]

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Altcoins aren't really going through the best of times right now. If you choose them for long-term investments, it is better to pay attention to reliable, proven coins. Or use a scalping strategy. This will help you increase your deposit in a short time.

sharpshooter.

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Yes that's right. But after most people buy a certain amount of altcoins for themselves, people will stop buying, and then the price will start to fall, and then people will start to sell their coins in a panic, and the price will go lower. We have seen this circuit many times Undecided

bttmember

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I do not think that price has stopped, i mean just look at the charts the prices are volatile and they keep moving up and down but i agree with you to an extent that the alts seem to be in accumulation phase and it can last for few months before it breaks above and then we can expect fireworks and bulls finally taking over the market.

10BTCaDay

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Quote from: Furryball on February 23, 2020, 03:35:52 AM

Bitcoin is fluctuating since past weeks now so don't expect altcoins to maintain a high price any time soon until Bitcoin enters or breaks the 10k resistance level, I invested in two altcoins and am already in loss, I will wait till Bitcoin surge high again

I think that Bitcoin will now move in the range from 8 to 10 thousand for a very long time. therefore, do not stay in those altcoins that already brought you losses. look for other coins that are as volatile as bitcoin and continue making money

Topic: Has the price of Altcoin stopped in one place? - page 3. (Read 824 times)