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Topic: BTC and Altcoin Price Movement - page 3. (Read 972 times)

newbie
Activity: 70
Merit: 0
January 07, 2020, 03:43:26 PM
#43
I absolutely share your views here. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation

One of my latest discoveries with pretty advanced concept is Monetorb, heard of the guys already? Monet Platform is an Ethereum-based blockchain platform regulated by smart contracts and made up of 4 essential components. The platform supports the global mobile healthcare community by building and creating solutions devoted to improving the quality of selfmanaged healthcare across the globe. The blockchain technology, fundamentally a distributed 3 database, gives the platform the power to address the challenges faced by the mobile healthcare industry. And I recommend you to have a closer look at the guys' website to get a deeper understanding on what they are offering
newbie
Activity: 70
Merit: 0
January 07, 2020, 03:36:18 PM
#42
I wouldn't say that we can be talking about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview

I absolutely share your views here. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation
newbie
Activity: 70
Merit: 0
January 07, 2020, 03:32:09 PM
#41
I wouldn't say that we can be talking about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview
sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
January 07, 2020, 02:31:51 PM
#40
Right now the market is slowly raising the bar and it would be awesome if such a positive trend continues. Everything increases on a green market and it does not matter how good TA looks. Lets just hope that bulls have arrived.
sr. member
Activity: 756
Merit: 257
Freshdice.com
January 07, 2020, 02:04:27 PM
#39

When the value of cryptos falls, many traders double down – effectively strengthening their commitment to a course of action that is potentially risky – because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or “one large move.” By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article! https://medium.com/mark-price/the-chop-c55567cb7d26

The prices of bitcoin and many other cryptocurrencies are now recovering and looks like it will continue to do so. Every time that the prices fall, some investors take the opportunity to buy and start investing. Up to this time, bitcoin is back to 8k usd. This is a good news to start the year 2020. It will also assumed that many other cryptocurrencies will follow this upward trend.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
January 07, 2020, 01:30:59 PM
#38

Just look at what happened after 2017, during 2018 we had a time in which the price of bitcoin remained relatively stable two times and everyone thought that was the bottom and then the price kept going down, so most likely those that bought bitcoin at those two instances lost money and most likely they never recovered that money.
prices also decreased by 90% or even 100%. I also got stuck on several coins and found it difficult to recover.
Many people do consider 2018 as the lowest price, but in 2019 there will be more and more decline. but who knows what will happen in 2020, maybe there will be a significant increase.
It is difficult to know what it will happen during this year, the past year was completely dominated by bitcoin and it seems this year we are going to see more of the same and I believe 2021 will be dominated by bitcoin as well, so it is difficult to tell what it is going to be necessary for the market of altcoins to begin to recover on their own without the help of bitcoin.

So for the time being forget about those coins since there is no point in selling them now especially if they are good coins and concentrate on how you can get more bitcoin while its price is still low.
sr. member
Activity: 798
Merit: 250
Vave.com - Crypto Casino
January 06, 2020, 06:26:40 AM
#37
determining the lowest price is difficult my advice is that in order to grow profits why not continue to buy right ,then sell when bullrun it's easy but in general a trader or holder does't have the full patience due to pressure of economic ,that awareness decreases when the market starts to correct and panic makes your lose simple thinking is not analysis but is patience I mean well analysis is also equally important for determining which point or pattern mark will advance
Very difficult of the price determine we must be smater buy more when the price goes down and hold. But as you said many have no patience because the economic situation sometimes they need money so they need to sell there holding if there is no other options where to find money. Even they are lose some of there capital they sell it because they need badly money.
That's right. Sometimes people rush to sell the coins they have and I think everyone has their reasons why sometimes they sell their coins even though the price is far below or you could say sell it at a loss. We cannot blame the person because sometimes they are in an emergency and may need something so they choose to sell their assets that you cryptocurrency for something important or maybe they think the coins held will continue to fall so they decide to sell them so they don't experience greater loss.
sr. member
Activity: 826
Merit: 252
January 06, 2020, 05:16:59 AM
#36
Every trader/ investor has different opinion and respond about sideways or down trend in crypto market. Worry is necessary because if you already use stop loss and money management, your risk is minimize. The big mindset is we should see all trend as a friend and use it as our limit. Don't be sad/ angry when market goes into another direction, see it as a chance to give you better position for next day. I'm really sorry about the articles, I can't find benefits from it.
hero member
Activity: 2870
Merit: 594
January 06, 2020, 04:50:43 AM
#35
There was a visible trend between bitcoin and altcoins price movement till 2018 first half. After that with every bitcoin move up or down, altcoins just fell. If Bitcoin went up, people started shifting to Bitcoin from altcoins that brought a fall and conversely, if it went down, people started shifting to stable coins again making altcoins fall. Because of that many altcoins have already bottomed out.
Before that wasn't the case. Whenever Bitcoin made an upward movement and stabilised, altcoins followed it.

It's because everyone was really dumping altcoins since the mid 2018 and altcoins continue to decline till the end of 2019. The market conditions worsens as no new investors are coming in and most of them are really doing some day trading with bots.

But as soon as BTC will stabilised specially after the halvening. We might see some semblance of a rally that can have a trickle effect on altcoin. So 2020 will be very exciting not just BTC but for the altcoin market as well.
sr. member
Activity: 686
Merit: 262
January 06, 2020, 04:33:59 AM
#34
There was a visible trend between bitcoin and altcoins price movement till 2018 first half. After that with every bitcoin move up or down, altcoins just fell. If Bitcoin went up, people started shifting to Bitcoin from altcoins that brought a fall and conversely, if it went down, people started shifting to stable coins again making altcoins fall. Because of that many altcoins have already bottomed out.
Before that wasn't the case. Whenever Bitcoin made an upward movement and stabilised, altcoins followed it.
hero member
Activity: 1540
Merit: 507
January 06, 2020, 04:25:03 AM
#33
Almost every altcoin is depending from btc price. When btc is pumping, alsmot all market green
It caused by altcoin is not getting any movement and the dollar impact that caused by the bitcoin bullish trend was affecting the price of the altcoin. I guess you can take it easy as the altcoin itself will determine the price and it's not 100% pegged to the bitcoin like what has already said by everyone else.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
January 05, 2020, 12:38:17 PM
#32
If the price of a specific coin goes down, you better try to take the chance to have some of it and hold it because you can earn a good amount of money into it if you are going to hold it. Always remember the buy low sell high principle. After you bought it on its lowest price, try to sell it when the price of it rises up for you to be able to gain a good amount of profit.
if you see that some coin falling in price, then before buying this coin it is better only after you analyze its fundamental strength. the drop in the price of altcoin may not be due to the bear market but because the fundamental factor of this coin is very weak and the price can no longer recover. I mean think twice before buy
hero member
Activity: 2954
Merit: 796
January 05, 2020, 07:05:15 AM
#31
If the price of a specific coin goes down, you better try to take the chance to have some of it and hold it because you can earn a good amount of money into it if you are going to hold it. Always remember the buy low sell high principle. After you bought it on its lowest price, try to sell it when the price of it rises up for you to be able to gain a good amount of profit.
It's hard to get the timing where the price will increase and decrease when we watch too much altcoins price movement. Just focus on some coins that is actively changing their prices not too low or too high, there is a more chance to earn in trading than waiting too long. The only coin worth holding is btc the rest is merely for trading only.
jr. member
Activity: 84
Merit: 2
January 05, 2020, 06:54:30 AM
#30
Almost every altcoin is depending from btc price. When btc is pumping, alsmot all market green
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
January 05, 2020, 06:18:57 AM
#29
If the price of a specific coin goes down, you better try to take the chance to have some of it and hold it because you can earn a good amount of money into it if you are going to hold it. Always remember the buy low sell high principle. After you bought it on its lowest price, try to sell it when the price of it rises up for you to be able to gain a good amount of profit.
sr. member
Activity: 700
Merit: 254
January 05, 2020, 06:10:56 AM
#28
determining the lowest price is difficult my advice is that in order to grow profits why not continue to buy right ,then sell when bullrun it's easy but in general a trader or holder does't have the full patience due to pressure of economic ,that awareness decreases when the market starts to correct and panic makes your lose simple thinking is not analysis but is patience I mean well analysis is also equally important for determining which point or pattern mark will advance
Very difficult of the price determine we must be smater buy more when the price goes down and hold. But as you said many have no patience because the economic situation sometimes they need money so they need to sell there holding if there is no other options where to find money. Even they are lose some of there capital they sell it because they need badly money.
hero member
Activity: 1106
Merit: 570
January 05, 2020, 05:49:19 AM
#28

When the value of cryptos falls, many traders double down – effectively strengthening their commitment to a course of action that is potentially risky – because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or “one large move.” By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article! https://medium.com/mark-price/the-chop-c55567cb7d26

In recent times the two market (bitcoin and altcoin) haven't been moving proportional in case of rise in price, bitcoin has been moving upwards leaving altcoins behind but the case is different when bitcoin dumps because it affects altcoins too. Taking risk by buying the dip shouldn't be advice in altcoins as there's no guarantee of a rise in price but that of bitcoin is very certain although the time difference to achieve this isn't as short like in the previous years.
sr. member
Activity: 826
Merit: 460
January 05, 2020, 05:39:06 AM
#27
It is true that traders need to buy the bottom price
The main problem is that we cannot know when the lowest price is and when the highest price. Some people claim to buy bitcoin when it drops to $ 6000, but when the price of bitcoin drops to $ 6000 they continue to wait for the price to drop lower.

Some tokens get delisted and die after reaching the bottom
 
The majority of ICO tokens will die, people have lost faith in them so even if the price drops to the lowest possible level they will not buy them.
what is more when the ICO price is set then after the listing exchange price is much lower than the ICO that has been set then people are disappointed with it and many investors bear the loss
sr. member
Activity: 1022
Merit: 252
January 05, 2020, 05:07:19 AM
#26
I often do this monitoring bitcoin prices as an illustration to analyze altcoin prices, sometimes to enter into new altcoin trading will be very risky even they can fall deeper than what we think, just placing a few cheap buy orders there using a martiangle I think it's quite good to do when there is a reflection of rising prices come

Yeah don't forget to set a stop loss to prevent a big loss from altcoin sudden drops just like MATIC before, that was a disaster for the holder. Altcoin is always way much risky than bitcoin trading, that's why we have to be really careful with it and split our investment to at least 10 altcoins that we think it's good.
hero member
Activity: 2156
Merit: 531
January 05, 2020, 04:53:09 AM
#25
determining the lowest price is difficult my advice is that in order to grow profits why not continue to buy right ,then sell when bullrun it's easy but in general a trader or holder does't have the full patience due to pressure of economic ,that awareness decreases when the market starts to correct and panic makes your lose simple thinking is not analysis but is patience I mean well analysis is also equally important for determining which point or pattern mark will advance
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