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Topic: Help a Beginner to understand... - page 7. (Read 2210 times)

jr. member
Activity: 163
Merit: 1
April 28, 2018, 09:12:01 AM
It is normal for the price of the coins to rise up and down. It is up to your strategy on how you earn using that trend of up and down. You might noticed that every year end the price going up so that is the right time to sell.
sr. member
Activity: 1092
Merit: 269
April 28, 2018, 08:58:51 AM
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
Mate don't worry it's natural that the value of your coins will down its prices because the bitcoin will decrease also.The best you can do was hold for it and wait for the right time
the value of the bitcoin is indeed up and down, and that we never know, we have to live it must wait until bitcoin or or other coin to rise again
jr. member
Activity: 82
Merit: 2
April 28, 2018, 04:12:15 AM
In my openion you should hold. If any currency that get sudden spike will also get correction some how but in current senarion its fallen more than correction, the reason behind this some government regulations and some negativity in market. When all these things will come on track you can see new high in digital cureency. So for the that time you should hold. Thanks.
jr. member
Activity: 74
Merit: 1
April 28, 2018, 03:45:06 AM
in my opinion, immediately learn more seriously about the investment crypto, so you can follow up what the next step ..
after you learn, you will know when is the right time to invest and when is the right time to sell in order to make a profit
FRJ
member
Activity: 280
Merit: 15
The Worlds Most Advanced Distributed Computer
April 28, 2018, 02:40:23 AM
Bitcoin is the king of all cryptocurrency.It was first invented.After observing it's success,other cryptos (altcoins)were invented.I think bitcoin's crash influences much the crypto market.The big whales want the market down and that's why the prices of most of the cryptos decreases.You may hold now.bitcoin is recovering its price.
newbie
Activity: 99
Merit: 0
April 28, 2018, 01:32:29 AM
You can explain it by the fact that the whole market capital is based on BTC, even though it's dominance is only around ~35%. To understand easier imagine yourself as a nerdy, nervous and completely unexperienced crypto investor. If the BTC goes down, most nervous people cash out immediately and cause the rate to drop, which triggers some more nervous people to cash out and so on. It happens all over the market and there is really nothing deep behind it.

I'm really good at all people can't understand what is the crypto. I'm the one who teaches me how to do or understand the crypto. Some people say I do not know what crypto is. Let's help all people to understand this crypto.this is not for you or me. This is for all of the people in the world.lets help and crypto will help her.
newbie
Activity: 154
Merit: 0
April 27, 2018, 04:23:26 AM
You can explain it by the fact that the whole market capital is based on BTC, even though it's dominance is only around ~35%. To understand easier imagine yourself as a nerdy, nervous and completely unexperienced crypto investor. If the BTC goes down, most nervous people cash out immediately and cause the rate to drop, which triggers some more nervous people to cash out and so on. It happens all over the market and there is really nothing deep behind it.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
April 27, 2018, 04:09:44 AM
we all here were a beginner for the first time to get involved in the cryptocurrency but if we want to learn something in the cryptocurrency, I am sure that we can get more knowledge in here. no matter how big your coin worth, as long as you can learn something, I am sure that you can increase your money in that coin so when you sell your coin, you can get much money and this will help you to gain more benefits from the cryptocurrency itself. never too late to learn something related with cryptocurrency especially in the trading section because you will find new ways that will work for you.
member
Activity: 153
Merit: 14
SOLARIS COIN
April 26, 2018, 10:34:53 PM
the beginning is always difficult for everybody but this determines if you are really serious in knowing the whole process. Building a good foundation at the start might take many hours of training and studying this is your time to grind and be familiarize with how the market works and you need to formulate a strategy that will allow you to adopt in any given scenario your solid basic here is the most crucial learning you must have in controlling your emotions and trades.
newbie
Activity: 210
Merit: 0
April 26, 2018, 10:22:58 PM
As a begginer also I don't have much knowledge when it come's to the deepest thing about cryptocurrency but seriously I want to study and understand all about crypto world. I think you don't need to be a super intelligent to start or to enter the virtually world of currency all you need to is accept all consequences and always strive for you to reach the man goal in life.

Do not afraid to try everything  do not make a limitation about what you do to earn more experiences and keep learning for those experiences.
newbie
Activity: 80
Merit: 0
April 26, 2018, 10:44:08 AM
What I understand is that I can learn from your mistakes. If I had to explain why, maybe because we can not actually predict exactly and precisely in this crypto world.
newbie
Activity: 70
Merit: 0
April 26, 2018, 10:27:16 AM
The price of cryptocurrency for a third-party observer is a random variable and it changes to a larger or smaller side at any time.
sr. member
Activity: 434
Merit: 250
April 26, 2018, 10:19:07 AM
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
To help the beginner in knowing or familiarizing in bitcoin you must teach him the basic terms that he should know about it. Bitcoin is a digital currency which has a volatile value means value may rise up or falls down. You need to have a guidance so you will know the bitcoin in easy way. And after that you can now be part of bitcoin world.
newbie
Activity: 91
Merit: 0
April 26, 2018, 10:07:27 AM
helping different people so it never hurts to share knowledge to beginners to learn about each other.
yes, I am a beginner of my experience using the existing guidance and if there is any difficulty I ask a friend who has understood
member
Activity: 434
Merit: 10
April 26, 2018, 09:39:42 AM
Your not and idiot all not your fault just don't panic at all that you are at lost the price will definitely come back,you need to be patient.
hero member
Activity: 1666
Merit: 629
April 26, 2018, 09:09:50 AM
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

It is very normal for you to make changes to your account because you are investing. The investment you make will always increase or decrease. It is therefore necessary to invest in knowing these things. If the risk is not the opposite of what you think, you can try and sell your existing money by buying and selling it. Of course, you need to remember that if you have inexperience and panic, you can also reduce your money.
full member
Activity: 240
Merit: 100
April 26, 2018, 09:07:03 AM
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
Well, actually you are not an idiot at the first place because it was just normal that a beginner cannot easily understand it because it was new to him that is why you need to explore more to better understand these things for you to be able to get awareness. Well, that was also my observation since I have been into crypto world. That was really the application of law of demand since it was still a currency even it is a digital currency. In anytime, price really change and falls back afterwards because price movement was really inevitable for this type of currency due to fluctuation that we users and even consumers are being a great factor for this happenings.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
April 26, 2018, 09:00:24 AM
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

If you only hold your crypto assets during the downfall of bitcoin, then for sure you will somehow feel bitcoin's presence as its market price is going up. At least, you already recovering a bit from your loss. Just hold it, wait for it before you sell it.
member
Activity: 182
Merit: 10
April 26, 2018, 08:53:08 AM
Yes of course, we need to help a beginners to understand what cryptocurrencies really is. Now, I am helping my friends to understand it because they didnt even know the word bitcoin or any other cryptocurrencies.
sr. member
Activity: 952
Merit: 250
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 26, 2018, 08:48:51 AM
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 beginners for more understanding and give some knowledge or hits by sharing them everything so you can help others also to have some more income

We can give informstions to the beginners for them to know what is going on. All of us starts from beginner, I am very much to welcome the beginners who are interested to ask question on me. To explain for the process is really taking time and needs to step by step. In sharing, it must be adequate so that she will feel satisfactory in entertaining the questions.
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