Help a Beginner to understand... - page 8.

JustQueen

member

Activity: 238

Merit: 10

Quote from: greed001 on February 01, 2018, 08:25:35 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 we should help those beginners to understand what is Bitcoin is all about by sharing our own knowledge about this Bitcoin also by sharing some of your experience in forum.

nikay12

member

Activity: 230

Merit: 10

Quote from: greed001 on February 01, 2018, 08:25:35 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

When I was a beginner no one helps me about here in Bitcoin on how I can understand this. I just explore this forum reading the questions of others and I understand it by myself.

Hopeliza

member

Activity: 216

Merit: 10

Quote from: greed001 on February 01, 2018, 08:25:35 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 can help those beginners by explaining how your experience works and how you ranked up here in forum by posting.

kangbasir

member

Activity: 394

Merit: 10

helping different people so it never hurts to share knowledge to beginners to learn about each other.

rowel21

member

Activity: 182

Merit: 10

I'm still a beginner and its a big help if lot of knowledge will share but the most important for a beginner is to be motivated read and read will fill those questions if you seek a answer you have to find it on your own

C. Bergmann

hero member

Activity: 803

Merit: 500

Quote from: greed001 on February 01, 2018, 08:25:35 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

Well it's normal that the price of alt coins can dump and even increase , so maybe your action leads to a crash or dump but still just hold your coins though , including me though , we all experienced that though but learn from your mistake though its normal. So better to conduct some basic review , and just hold it, have patience.

Dannaey

full member

Activity: 468

Merit: 100

Experience the Future of DeFi

Only 2 months just passed after you purchase your coins. Cryptocurrency world has a long way journey and you won't see the full development in just a short period of time. This is a good long-term investment. Just be patient. By the end of this year, you'll never regret what you have taken the risk.

avirdoz

legendary

Activity: 1191

Merit: 1001

Quote from: greed001 on February 01, 2018, 08:25:35 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 market crashes, when people begin to massively sell their coins. The reasons for this can be a lot: world news related to cryptocurrency, hackers attacks, or when big players purposefully make the price lower.

Fatimah Azzahra

newbie

Activity: 182

Merit: 0

I am a beginner so I also need guidance to learn, maybe from you all of you who have been here long can teach or give a little knowledge of your knowledge to me?
Thank you in advance...

felicity06

jr. member

Activity: 251

Merit: 3

Globe-dex.com

Yes you're asking about why Almost all of the crypto currency get down because of bitcoin... I think the very low value of other crypto is not created by bitcoin... Probably bitcoin is not the reason why it is happening in the market... Maybe because it is normal occurrence in the market... If one crypto are in a low value maybe some will follow also... It is happening even in our real market.... If one make their price low a lots als will follow... It is normal just dont be tried in waiting probably soon the price or value of BTC will rise again...

evdoksi

member

Activity: 100

Merit: 24

GPTCash Weekly Airdrop: https://discord.gg/DPgHv6X

Quote from: lowellsniper on April 25, 2018, 06:05:25 AM

Yes, really want somebody help us newbie understand more about bitcoin, especially the posting and the converting bitcoin to money.

All the information is already here on bitcoin talk, do not expect t be spoon fed here. If you have got any specific question not answered here, you can open a new thread.

spongegar

full member

Activity: 476

Merit: 100

The problem is you bought your coins before the bitcoin crash. I think the basic principle is to buy coins when they crashed and sell them at their peak. If you're asking about the bitcoin crash then it's a regular occurrence especially at the beginning of a new year and new quarter. Buy it will gain strength again and will gain momentum as the second quarter progresses. Nkw what to do with your investments? Hold on to them, dont sell yet. Next time try to buy when the prices are low.

breathlessz

member

Activity: 770

Merit: 12

Trphy.io

Quote from: coinluisa on April 26, 2018, 02:33:54 AM

Quote from: greed001 on February 01, 2018, 08:25:35 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 buy in high price so I think expect that market will always change of price and it's normal in crypto world of being like volatile since your newbie always think this strategy if you want get a profit always buy when it's deep or cheap price so you can avoid a lot of loses in your investment or portfolio.

i think you fomo, see the higher that price and then you are ambitious to buy it, and it turns out price you buy is on the hill. i think you have to hold in a long time, to keep it patient and do not get frustrated

ylnar123

member

Activity: 350

Merit: 10

Quote from: greed001 on February 01, 2018, 08:25:35 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

Personally altcoins drop in price mainly because people holding Bitcoin are selling and as we know it is the main currency in buying altcoins. So when Bitcoin drops, altcoins will follow they will consider the supply of Bitcoin as their source of currency to transactions. The more the supply the lesser the price we can get from all cryptocurrency.

coinluisa

member

Activity: 626

Merit: 10

Quote from: greed001 on February 01, 2018, 08:25:35 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 buy in high price so I think expect that market will always change of price and it's normal in crypto world of being like volatile since your newbie always think this strategy if you want get a profit always buy when it's deep or cheap price so you can avoid a lot of loses in your investment or portfolio.

Sharmila Jhuny

newbie

Activity: 16

Merit: 0

Quote from: Viscore on February 01, 2018, 09:55:56 PM

All I can say is just hold, we do not know when it will recover but I am sure if you continue to hold you will never lose.
That is why the crypto investing is called a high risk is because of this kind of situation, think that the entire marketcap had significantly grow and this time we have witness a lot of bad news which some media have exaggerated it, don't listen to them, do your own analysis because whales are doing everything to buy cheap coins before they will start to pump this again.

Thanks for the suggestions you provide, this information can also help me.

RolandoBTC

newbie

Activity: 109

Merit: 0

Helping each other is so nice inside your heart,it helps to improve and develop the knowledge to newbies for them to achieve also their dreams they wanted.,

caseback

newbie

Activity: 133

Merit: 0

Quote from: james23 on February 01, 2018, 09:27:03 PM

Quote from: greed001 on February 01, 2018, 08:25:35 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 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

True a new beginners are mostly diffucult to understand as we said we are a newbies,so hopefully some of our fellow members will try to understand us,and were so thankful to somebody else that understands us,your opinions will taught us here helps us more to develop our ideas also to improve.

Darwinie

newbie

Activity: 58

Merit: 0

Quote from: greed001 on February 01, 2018, 08:25:35 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

I also have alternative coins on my ether wallet, now I dont know how could It produce bitcoin I only join campaigns to earn that. Until now i have this narrow understanding about how this works but Im coping up to things i need to sustain and be able to earn here.

jeraldskie11

sr. member

Activity: 1316

Merit: 356

Definetely i understand you feel for it because you'll just a beginner here but i will be honest and glad to help you so you will know why it is happened. It is happen because of those people who do panic sell their coins in a short time of period and the result of that all the price will easily fall. But if you want to get more knowledge and idea about bitcoin then you must do read and research until you've know it everything.

Topic: Help a Beginner to understand... - page 8. (Read 2209 times)