if btc drops... | Bitcointalksearch.org

kfrbmat.cba92

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Quote from: adroitful_one on September 27, 2019, 10:02:05 AM

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

According to my own experience if btc drops, the same happens to most of alts, only a few are not affected, the best time to trade alts is when btc is stabilized, also traders buy stable coins when btc drops. Currently it exists a project called mintMe where traders and investors can deal with entrepenuers by buying custom tokens that belongs to a particular project, this tokens can be created at the same mintMe platform.

That's because of money coming into the market. In order to buy alts, you pretty much need Bitcoin. Sure, there's exchanges with USD listings, but you're still going to trade for Bitcoin then trade the Bitcoin to get the alts. This is why when you see the Bitcoin market cap up higher, all the alts also seem to be going up in price as well.

That's right, BTC dominance is still too high, so for trading alts we always must check out BTC graphs before buying any alts

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

There is no alternative for alt coins if BTC drop around 7K. We will see just blood everywhere ☹
By the way last 2 months we used to see red market both when BTC is up or down. Even when BTC is stable may days market was red. As seen from coin market cap, there is no new investment at crypto we can say.

When there is no volume at overall coin market cap, price drops at BTC affect the alt coins more and more.
We need a strong BTC with “high total volume” at coin market cap. Than price drops of BTC can be compensated by other factors and alt coins can recover quicker.

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Quote from: kfrbmat.cba92 on October 01, 2019, 07:46:09 AM

Quote from: adroitful_one on September 27, 2019, 10:02:05 AM

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

According to my own experience if btc drops, the same happens to most of alts, only a few are not affected, the best time to trade alts is when btc is stabilized, also traders buy stable coins when btc drops. Currently it exists a project called mintMe where traders and investors can deal with entrepenuers by buying custom tokens that belongs to a particular project, this tokens can be created at the same mintMe platform.

That's because of money coming into the market. In order to buy alts, you pretty much need Bitcoin. Sure, there's exchanges with USD listings, but you're still going to trade for Bitcoin then trade the Bitcoin to get the alts. This is why when you see the Bitcoin market cap up higher, all the alts also seem to be going up in price as well.

That's right, BTC dominance is still too high, so for trading alts we always must check out BTC graphs before buying any alts

Over the past 2-3 weeks, the price of altcoins has not fallen so much and I'm sure that we are now seeing the lowest prices this year. I choose Altcoins that are not in the TOP-20.

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Quote from: yazher on September 30, 2019, 10:11:08 PM

By seeing those Top 10 Coins on the chart, you can say that the price is already recovering except for USDT cause that's a stable coin. but the other 9 are going all the way green as of today.

Quite some space to breath out from that bleeding market, it will be great to see more green to bring back investors interest bringing new investment inside the market. Though it's still a long way and there's a lot of market sways to expect best to learn from everything and grab your opportunities to earn decent in anyhow whatever market behaves.
Continue being optimistic and add more investment when you see the market are bleeding, bounce like this if being anticipated adds profitable results.

yazher

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The price was below $8000 yesterday, thankfully it goes back to $8300+ again this morning. since it gains a little amount of price, I can also see the other coins are gaining some little amount too. if this is the start of the rising of the price again, I'm sure some other Altcoins are worth to buy at this time.

By seeing those Top 10 Coins on the chart, you can say that the price is already recovering except for USDT cause that's a stable coin. but the other 9 are going all the way green as of today.

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Quote from: tonyvo2017 on September 28, 2019, 12:16:25 AM

alts will certainly decrease by bitcoin and even more than bitcoin. This is a pretty bad situation for alts and the crypto market. We really need a force of new investors to pour money into the market and save holders. If this situation continues until the end of the year, I fear that many investors will be discouraged and leave the market, then the bear market will actually take place in the long term.

The bear market will directly affect investor confidence in this market and this is something that everyone does not want because most of the coins available in this market experience a huge decline in the past few weeks. I think that if BTC cannot rise well in October, it will be very difficult for us to gain people confidence and that will make the bear market last longer. Hopefully by the end of this year things will be different and we will soon see BTC return to $10,000 again.

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From my observations, altcoins are no longer affected by movements of bitcoin as before. So whatever happens I don't think btc dominance will exceed 73%. As you can see, bitcoin has reached the specified range and there is not much blood loss in the altcoins. I think that you don't need to be afraid of bitcoin movements as before.

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alts will certainly decrease by bitcoin and even more than bitcoin. This is a pretty bad situation for alts and the crypto market. We really need a force of new investors to pour money into the market and save holders. If this situation continues until the end of the year, I fear that many investors will be discouraged and leave the market, then the bear market will actually take place in the long term.

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Quote from: adroitful_one on September 27, 2019, 10:02:05 AM

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

According to my own experience if btc drops, the same happens to most of alts, only a few are not affected, the best time to trade alts is when btc is stabilized, also traders buy stable coins when btc drops. Currently it exists a project called mintMe where traders and investors can deal with entrepenuers by buying custom tokens that belongs to a particular project, this tokens can be created at the same mintMe platform.

That's because of money coming into the market. In order to buy alts, you pretty much need Bitcoin. Sure, there's exchanges with USD listings, but you're still going to trade for Bitcoin then trade the Bitcoin to get the alts. This is why when you see the Bitcoin market cap up higher, all the alts also seem to be going up in price as well.

The domino effects mostly being seen when bull rallied and pumped hard the market, bitcoin value lift up those quality alts and bring them to a good momentum. Same deal when bitcoin suffered, most investors are afraid to divert instead of buying alts, converting to stable coin is one of the option,
till the value bring good sign again it will move the market back, entire cycle will follow.

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Quote from: adroitful_one on September 27, 2019, 10:02:05 AM

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

According to my own experience if btc drops, the same happens to most of alts, only a few are not affected, the best time to trade alts is when btc is stabilized, also traders buy stable coins when btc drops. Currently it exists a project called mintMe where traders and investors can deal with entrepenuers by buying custom tokens that belongs to a particular project, this tokens can be created at the same mintMe platform.

That's because of money coming into the market. In order to buy alts, you pretty much need Bitcoin. Sure, there's exchanges with USD listings, but you're still going to trade for Bitcoin then trade the Bitcoin to get the alts. This is why when you see the Bitcoin market cap up higher, all the alts also seem to be going up in price as well.

In fact, the situation has changed and this year to buy Altcoins you need USDT, not Bitcoin. Bitcoin is losing its liquidity in the cryptocurrency market, a lot of trading pairs have been created in relation to USDT.

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

According to my own experience if btc drops, the same happens to most of alts, only a few are not affected, the best time to trade alts is when btc is stabilized, also traders buy stable coins when btc drops. Currently it exists a project called mintMe where traders and investors can deal with entrepenuers by buying custom tokens that belongs to a particular project, this tokens can be created at the same mintMe platform.

That's because of money coming into the market. In order to buy alts, you pretty much need Bitcoin. Sure, there's exchanges with USD listings, but you're still going to trade for Bitcoin then trade the Bitcoin to get the alts. This is why when you see the Bitcoin market cap up higher, all the alts also seem to be going up in price as well.

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If the price drops we can hold the bitcoin and we can see the profit after sometime when the market boom back, but we need to look about the problems in altcoins market also.
These altcoins bumping very little at the big hype for bitcoin and at the same time when there is fall means all the altcoins fall together. So we think it deeply holding altcoins at the dump is really stupid idea, I suggest them to trade over the exchanges.

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Quote from: coinporch on September 27, 2019, 05:25:25 AM

Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

altcoins always follow the movements of bitcoin
as you can see now, when the price of bitcoin down hard, altcoins fall deeper in usd terms right ?
but, in bitcoin terms a lot of altcoins in green colour Wink

More precisely, bitcoin is the heart that is connected to altcoin, when this heart has a problem, the activities inside will have chaos and change in a bad trend, signaling bad health, and very clearly, as you said, bitcoin in recent days has proven its position, declining and the market has been forced to decline. And one thing I need to fix is that not only does altcoin plummet at usdt, it plummets at bitcoin, although the past few hours have been an altcoin green, unfortunately, this improvement seems to be about to turn off

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

altcoins always follow the movements of bitcoin
as you can see now, when the price of bitcoin down hard, altcoins fall deeper in usd terms right ?
but, in bitcoin terms a lot of altcoins in green colour Wink

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Quote from: nira09 on September 24, 2019, 10:59:41 PM

Quote from: mulia sabee on September 24, 2019, 12:47:31 PM

Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

if Bitcoin goes down then the Altcoin price is likely to go down ... but not all altcoins will follow in the footsteps of bitcoin which must go down in price ... because the cryptocurency is very uncertain ... everything depends on volume and demand ... but for now I'm still sure that the price of bitcoin will continue to increase

yes, but today Bitcoin is falling again at 8.6K and Altcoin is falling deeper, the market is really uncertain, after Bakkt started to run and the market is positive but BTC prices are coming down again.

Don't worry, everything will become normal in the coming days, at the CBOE future launching the price of Bitcoin dropped at the same level. Soon we might see the price of Bitcoin will recover, but one major thing is attacking is affecting even the price of Bitcoin increase/decreases.

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Quote from: Mikcik on June 20, 2019, 10:27:38 PM

Currently BTC is up to 10k threshold, altcoin has paid on BTC is decreasing very strong. If BTC continues to dump so hard, altcoin will be even more catastrophic

Today, bitcoin has fallen in price to $ 8,649 and ethereum has also fallen after it to $ 172. Before that, ethereum was growing well in price, despite the fact that Bitcoin stood still. It seemed that this coin was getting out of the price dominance of bitcoin. However, bitcoin collapsed today and ethereum followed. It's sad of course. I would like to see this coin free from the price dominance of bitcoin. I hope this fall will not be too long, the fourth quarter is usually accompanied by the growth of our cryptocurrency.

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Quote from: mulia sabee on September 24, 2019, 12:47:31 PM

Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

if Bitcoin goes down then the Altcoin price is likely to go down ... but not all altcoins will follow in the footsteps of bitcoin which must go down in price ... because the cryptocurency is very uncertain ... everything depends on volume and demand ... but for now I'm still sure that the price of bitcoin will continue to increase

yes, but today Bitcoin is falling again at 8.6K and Altcoin is falling deeper, the market is really uncertain, after Bakkt started to run and the market is positive but BTC prices are coming down again.

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Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

if Bitcoin goes down then the Altcoin price is likely to go down ... but not all altcoins will follow in the footsteps of bitcoin which must go down in price ... because the cryptocurency is very uncertain ... everything depends on volume and demand ... but for now I'm still sure that the price of bitcoin will continue to increase

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Quote from: Om.monata on September 04, 2019, 10:46:12 AM

may have to set aside several types of coins so that when experiencing an increase can be covered and still get a profit. so I think maybe now it should be smarter and selective about a coin owned.

when you see bitcoin go down can you see altcoin go up? I'm sure that will also pull Altcoin down. if this decline continues it will be bad in the situation of altcoin and trading. some investors will wait for the best situation to buy, but it will move very slowly. we experience it 2018 even now.

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Quote from: _ZeD_ on September 04, 2019, 03:35:51 AM

Quote from: bigjuk on September 03, 2019, 03:55:15 PM

Quote from: vegitossjgod1 on June 20, 2019, 08:46:13 PM

if btc drops to 7-8k range what happens to alts?

if bitcoin goes down i will buy bitcoin and i will hold it until bitcoin has a value of 25 thousand dollars .but at the moment bitcoin has a pretty good rise graph even altcoin is also following the bitcoin price movements,bitcoin and altcoin will continue to move up at the end of this year.

If you sell it for 25k, how will you feel if bitcoin grows to 100k???
But on the whole I agree. If you do not worry about the lost profits, then any profit is good.

That's how the market situation is going we don't know when are going to get panic, but definitely everyone here experiences what you mentioned above. That's why it is always good not to sell all the coins at one price when the market is in an upward trend.

may have to set aside several types of coins so that when experiencing an increase can be covered and still get a profit. so I think maybe now it should be smarter and selective about a coin owned.

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