Help a Beginner to understand... - page 21.

Dontme

sr. member

Activity: 798

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Quote from: greed001 on February 01, 2018, 09:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

All I can say now is that you should Hodl! I am suggesting to you that you should rest you mind now about the prices and stick on buying on other potential coins and still hodl until bitcoin and eth recovers. You know that why its all in bearish market now? Because they are all depends on bitcoin and if bitcoin fall we must expect downfall on alts also. So, yeah stay there. HODL!

PalmerLaura

member

Activity: 116

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IPSX: Distributed Network Layer

Would be great if TS presented the list of currencies he's invested in to give any specific advice. But regarding the topic, I believe you just must focus on Ethereum and some coins that have a good background and which teams works on a product development not on it's popularity. Sooner or later they will give good gains, I think. And noone can say when this correction will end.

DirtyMartini

full member

Activity: 277

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Quote from: greed001 on February 01, 2018, 09:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

As long as what you are holding are QUALITY cryptos, then don't worry, they will recover.
There's several reasons the crypto markets have crashed right now, and its not just cryptos, traditional investment markets are also experiencing a little 'crash'.

Everyone's portfolio is taking a beating at the moment, its not just yours.
The whole market has shrunk by over 50% so pretty much everyone is feeling it right now.

As they say in crypto, if you can't handle the 50% losses then you don't deserve the 1000% gains...

jaycobe24

newbie

Activity: 70

Merit: 0

You show it to her how to use bitcoin then you tell the good effect bitcoin to her and i think her wants to use also when you teel all about her the good effect of bitcoin

Dawnpercy19

newbie

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Of course you show it to her how use it and what the effect of bitcoin in your life then cheer up for her to covince to use bitcoin.

boynegro

newbie

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Merit: 0

Quote from: jademacoy on February 02, 2018, 03:16:34 AM

This is a very good topic to be discussed since i am newbie also to this bitcoin. I hope i could read some important details on alt coins and how to convert his alt coin to bitcoin. And of course i hope that somebody could share on regards with the process. Actually guys this is my first post and I am excited to venture this kind of invesment. I do hope that I could convert on my own alt coin to bitcoin. And to successfully convert bitcoin to money or invest and upgrade my bitcoin holdings. Please share some inputs. Thank you

To help those beginners to understand bitcoin. Of course you should show to her how to use it. Show her what is good effect and the what will the good effect in your life.

Ararbermas

sr. member

Activity: 1988

Merit: 283

Quote from: jinxing on February 06, 2018, 05:43:38 AM

That's a great idea because I'm a beginner and have not understood the procedure in bitcoin. I do not yet understand a very complicated trading language. Probably by reading or asking a lot between experienced users it will help understand a lot about bitcoin. Do not hesitate to help newbies to understand

no need to complain mate, if you're interested you must do your owm research and perhaps nowadays there are some tutorial about it just focus on it and put some effort if you want to gain more knowledge , use the search bar on this forum if you want to gain more information how to start by doing different ways here in forum.

jinxing

member

Activity: 276

Merit: 11

That's a great idea because I'm a beginner and have not understood the procedure in bitcoin. I do not yet understand a very complicated trading language. Probably by reading or asking a lot between experienced users it will help understand a lot about bitcoin. Do not hesitate to help newbies to understand

binting

member

Activity: 210

Merit: 10

Quote from: greed001 on February 01, 2018, 09:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Actually yes because when im a begginner on this wonderful oppurtunity is i dont know how so that i help others to understand clearly this oppurtunity so that now i understand and i teacn this job for those who want to joining this oppurtunity ro easy success

yrrehc16

full member

Activity: 532

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Quote from: greed001 on February 01, 2018, 09:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

\

Not all alts are down, if you are referring to dollar price well you might be loosing because alt coins are depending on bitcoin price and not really into dollar. look if a coin is equal to 1000 satoshi and a thousand before is worth a dollar if bitcoin fell 50 percent then a thousand satoshis will be 50 cents now. even your coin didn't fall it will reduce to half the value because of the fall of bitcoin.

Ewinsane

hero member

Activity: 980

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Quote from: galkina on February 02, 2018, 03:49:58 AM

Do not panic like others. Just be patient, it will take at least six months to reach good levels again and you can book profit at that time.

The only reason why people suffer loss even after investing in world’s best investment bitcoin is their fear. Due to this, they sell out bitcoin and regret later. What I despise the most is blaming bitcoin for this. Bitcoin is not responsible for anyone’s loss.

That is why I suggest newbie to understand bitcoin and its way of working first and then come to any decision. Patience and rust are play very significant role in the success of an investor.

Nfp

member

Activity: 168

Merit: 14

Quote from: greed001 on February 01, 2018, 09:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

This is the exact thing or reasons why do investing to cryptocurrency specially in bitcoin are to risky, because of its high volatility that no one knows when its price goes dump and rise. But the only thing that i can advice for those newbies is, don't loss your hope to bitcoin, just hold it and wait for the moment that you've waiting for.

Best Dreams

full member

Activity: 1008

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Quote from: etron on February 03, 2018, 09:54:03 AM

Quote from: greed001 on February 01, 2018, 09:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

you are investing in some kind of alt it is very good because you have a lot of money but I think the stock market is the same and the market stability depends on the investors, and why you leave bitcoin in my opinion this is the best coin and harganyapun according to the stock exchange board currently get Top rankings, it's very sad if you've left bitcoin because according to the news after the Lunar New Year bitcoin will return stable and rise sharply.

It is true and I am also a bitcoin investor but it will not be good not to have any money and getting in different crypto currency, if you are having money and you want to grow it you will have to have good knowledge about bitcoin so you then invest at the time of high price and wait long, own it is time to stock bitcoin because in future it will be hard to buy bitcoin and the stroke market of bitcoin will be high as well so it is opportunity you should use it.

vhiancs

member

Activity: 238

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--=oOo=--

Quote from: nakamura12 on February 02, 2018, 12:17:34 AM

I'm a beginner so i can't teach to another beginner if only i am not a beginner i would like to share some knowledge on how to earn profit through any crypto coin as long as i have knowledge of it.

It is good to be helpful to others, so should everyone do, rather than insult others because of little knowledge, we should help to learn more and give them the opportunity to learn. it's easy to earn when you are very serious about what you are doing, and great opportunity for biginners is the collapse of the bitcoin price because you can buy at low prices and wait to re-raise the bitcoin's value price to get big profit and take note just be patience.

jeremiah_woffy

newbie

Activity: 56

Merit: 0

As we all know everyone started from nothing, just like a beginners with an empty knwoledge about this thing, that's why we need to help this begginers to understand so that they would become knowledgeable just like the rest of the poeple here. Share your knowledge.

michellee

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🐺Spinarium.com🐺 - iGaming casino

Quote from: greed001 on February 01, 2018, 09:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

the first thing that you should know is no one will know when or will it recover and what we can do is only keep trying to make a profit. the altcoin crash is happening because people selling their altcoin to have bitcoin and they don't think too much about their loss. all they want to do is have bitcoin and then they can sell the bitcoin no matter the bitcoin price is fall or not. but for some people, they know that if bitcoin price is fall, some of the altcoins will fall too and the rest will try to survive and even the price will increase. so related with your case, I think you can keep it and hold your coins and if any of your coins get an increase, I think you can sell it and only sell if you see that you can make a profit. don't be afraid because the altcoin will keep increase after bitcoin fallen.

noictib

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One of the world's leading Bitcoin-powered casinos

Quote from: greed001 on February 01, 2018, 09:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Not only you are facing such types of problems but many people are facing the same thing , here I am also the case of such trading where I am much down that what should I started , I have lost about 80% of the worth that was in mine investment of the bitcoin and altcoins investment .
Here currently the market is dumping due to some negative news and rumours ( people feeling panic and selling Thier altcoins as well bitcoin)
So don't get panic wait for 20-30 days to recover the market at the base price and then enjoy your trading , either if you will take tension then still nothing will happen at any moment , so wait and keep patience currently .

Pintasak

member

Activity: 140

Merit: 10

Quote from: greed001 on February 01, 2018, 09:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Yes i will help the begginers for them to know and also love to teach and share my knowledge about bitcoin.This will be a great thing for both of us because in this way we could help our own family with the benefits.

izzabel

newbie

Activity: 112

Merit: 0

Quote from: greed001 on February 01, 2018, 09:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

We should help the beginner to understand explaining briefly sharing our knowledge to them so we can share our blessing to

yonjitsu

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www.daxico.com

Good thing you have a diverse portfolio which exactly what an investor should have. Bitcoin correction causes its market price to drop down deep causing cryptomarkets to crash in red color. As bitcoin continuously decreases its market price, it also drags the altcoins' market price since these altcoins have a pairing with bitcoin. That means when the value of bitcoin goes down, so the value altcoin also drops.

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