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Topic: Is Alts Market already bottomed out? - page 4. (Read 611 times)

sr. member
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Vave.com - Crypto Casino
November 07, 2020, 06:51:30 PM
#13
The sudden jump in BTC price has negatively impacted alts markets but I think LINK , XTZ and go coins have already bottomed out. The traders can book huge profit if they buy them at current price.
If you see the bottom and believe on it, you’d better start buying now before its too late because the market will continue to go up after this correction and Bitcoin made a strong statement on that one. If those DeFi will continue the hype, then its easy for them to pump after bottomed out just like YFI who is doing good again right now.
full member
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November 07, 2020, 06:45:21 PM
#12
are you sure about this? I am seeing different with the crypto that you, OP had been mention. Most alts will do good especially if bitcoin will have a good market. As we all.know that the value of these altcoins are also being assessed through bitcoin market. This is why majority of the altcoin will go strong if bitcoin market is good and sometimes it will go dump when bitcoin market is bad. All or most are depeding on bitcoin market.
hero member
Activity: 2282
Merit: 505
November 07, 2020, 06:39:34 PM
#11
The sudden jump in BTC price has negatively impacted alts markets but I think LINK , XTZ and go coins have already bottomed out. The traders can book huge profit if they buy them at current price.
It's not. The correct time to buy should be when those coins were getting their bottom price. Did you see the the rule investing in the cryptocurrency? if you didn't yet see that and just try to remember if the only best time for you to invest in the crypto when it was getting dumped so hard. When there's a signal for crypto will be bottomed out and it will always become the best time to shorting the coin.
This will bring your position into the high risk.
jr. member
Activity: 706
Merit: 4
November 07, 2020, 06:01:28 PM
#10
I don't think that the altcoin market has bottomed out for the year as the holiday season is fast approaching. I'm cautious because institutional funds may have to be moved out and away which coiners may see as another red flag causing another dump. Moreover, we don't yet know the stance of the new president-elect of the USA on crypto.
sr. member
Activity: 1638
Merit: 339
November 07, 2020, 06:01:15 PM
#9
The sudden jump in BTC price has negatively impacted alts markets but I think LINK , XTZ and go coins have already bottomed out. The traders can book huge profit if they buy them at current price.
There’s no negative impact on altcoins because if you look at the market some was able to pump as well along with bitcoin and beside, we cannot blame bitcoin for being incompetent of most of the altcoins. Well, if you are talking about DeFi some of them is still pumping meaning they have a real business here in the market.
Pumping doesn't mean have a real business, because we know so many Defi project pump only because of hype.
Well if we see altcoin now, we can't say the traders will earn huge profit if they buy now because we don't how deep will dump, so before taking action to buy at the current price you also must prepare yourself if the price deeper
sr. member
Activity: 2422
Merit: 357
November 07, 2020, 05:52:23 PM
#8
The sudden jump in BTC price has negatively impacted alts markets but I think LINK , XTZ and go coins have already bottomed out. The traders can book huge profit if they buy them at current price.
There’s no negative impact on altcoins because if you look at the market some was able to pump as well along with bitcoin and beside, we cannot blame bitcoin for being incompetent of most of the altcoins. Well, if you are talking about DeFi some of them is still pumping meaning they have a real business here in the market.
hero member
Activity: 1302
Merit: 532
November 07, 2020, 05:49:29 PM
#7
The sudden jump in BTC price has negatively impacted alts markets but I think LINK , XTZ and go coins have already bottomed out. The traders can book huge profit if they buy them at current price.
The main altcoins are rallying and what makes you think that the coins that are bottoming out will rally in the distant future, in the past we usually see the altcoin rally well after the bitcoin rally but things are changing with time and we are not certain how the market will behave next year and if you are able to take some risk then there is nothing wrong in investing in these coins.
hero member
Activity: 3038
Merit: 647
November 07, 2020, 05:18:53 PM
#6
Not because we saw that altcoins are declining we can say they are already at bottomed out. No, not like that. Most altcoins drop as Bitcoin plummeting but look at how those high potential altcoins, they were still able to cope up. Likely, those coins that OP had mentioned have been dropped by investors. Mostly, these kinds of coins are usually will suffer bloodbath, that is why investors will never choose them but just being ignored and look for more potential and known coins.
member
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SAPG Pre-Sale Live on Uniswap!
November 07, 2020, 04:34:49 PM
#5
The sudden jump in BTC price has negatively impacted alts markets but I think LINK , XTZ and go coins have already bottomed out. The traders can book huge profit if they buy them at current price.
This cannot be said about all altcoins because every coin is different and unique and also going through different phase of development so it is not that simple but we can say that all the top or reputed alts seem to be bottomed out and next few months seem bullish for them.
hero member
Activity: 3080
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November 07, 2020, 04:33:49 PM
#4
The sudden jump in BTC price has negatively impacted alts markets but I think LINK , XTZ and go coins have already bottomed out. The traders can book huge profit if they buy them at current price.
There are many others that have been plummeting, you only need to look at those altcoins if you're eyeing for them. But we can see that bitcoin has corrected from $15xxx+ down for $14,600 and this is a good sign for those people waiting to catch up a lower price. The price could still be higher than what they can think of but if they will analyze it and looking for farther price, it's now time to catch up and buy some bitcoins if they don't wanna miss out the ride.
hero member
Activity: 2870
Merit: 594
November 07, 2020, 04:33:31 PM
#3
As the saying goes, "buy when there is blood on the streets", so recently we have seen some good alts that likely bottom up, so this could be a great opportunity to scope some cheap coins again and hold into it. We are still far the bull run that we are expecting, 2021 will be the year wherein we can see similar patterns like 2017. But before buying any alts, you still need to do your own investigations and not just buy everything that is hype, do you due diligence still.
sr. member
Activity: 1176
Merit: 252
Futurov
November 07, 2020, 04:09:24 PM
#2
The sudden jump in BTC price has negatively impacted alts markets but I think LINK , XTZ and go coins have already bottomed out. The traders can book huge profit if they buy them at current price.

not only Link and XTZ my friend but most of good and solid altcoins project growing now,
hope this positive trend on crypto price will continues and we will see another high in price in the next few weeks from now
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
November 07, 2020, 02:47:43 PM
#1
The sudden jump in BTC price has negatively impacted alts markets but I think LINK , XTZ and go coins have already bottomed out. The traders can book huge profit if they buy them at current price.
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