My coins percentage down - page 3. | Bitcointalksearch.org

velive08

full member

Activity: 815

Merit: 101

Quote from: Tellek Garing on December 15, 2021, 03:03:58 AM

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

This is the risk we invest in cryptocurrencies, when the market goes down it results in the value of money going down, maybe the best way is to switch to stable coins so that the asset value doesn't change, but I'm optimistic the market will recover soon so we can get big profits again.

Imran232

full member

Activity: 700

Merit: 182

Quote from: Tellek Garing on December 15, 2021, 03:03:58 AM

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

If you can hold them, they are also powerful if you can hold them. If you can't hold them, you can't win. You know, my portfolio is now nearly 70% in a downtrend, but I know it has potential and can change everything if the market begins to rise again.But remember, you have to have good altcoins and you have to have confidence in your holding project. We have been in this market since 2017 and I saw the 2018 down, and from that down, I saw the 2020 uptrend, so I know how powerful crypto is. We just have to stay with full confidence. Otherwise, we won't be able to accomplish anything. it. I hope you understand, brother.

Oshosondy

legendary

Activity: 1652

Merit: 1208

Gamble responsibly

Quote from: Wiwo on December 20, 2021, 11:10:59 AM

Take it or leave it whenever there is a price crash altcoins portfolio suffer the most as It percentage always move in a multiple percent due to the large total supply and low market cap. So also when the market increases altcoins are the first to do multiple xs.

Not that altcoin will be the ones to multiply first, even altcoins are following bitcoin price movement, if bitcoin increase, altcoins will follow, if bitcoin decrease, altcoins will also follow. Just that the rate altcoins will increase will be higher but the rate it will decrease will also be higher. But there can be exceptions, there are over 10000 altcoins in the world, many coins are shitcoins and many are dead coins, many will increase but will not increase up to the percentage bitcoin increase while the fall can be more.

fadil46

full member

Activity: 826

Merit: 101

$CYBERCASH METAVERSE

Quote from: kaya11 on December 22, 2021, 06:58:39 PM

Well you better be ready for more backward crash for altcoins. It is known to many crypto users that during holiday seasons is a nightmare for all. It was called the red market back then as most coins are down. If the coins you've held survive then it has a good future as the devs are holding out the dump.

The coins that have been ranked the best will always last forever and I am still very sure of that even though during the holidays there will be many people who throw them away for the purpose of having fun in vacation spots that may not be as usual.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Little_Mouse Campaign Management | OrangeFren.com

Quote from: Tellek Garing on December 15, 2021, 03:03:58 AM

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

There are 2 things that are happening to the altcoin market everyday or every other day at least.
1. When Bitcoin is down, most of the altcoins follow causing the whole market to crash.
2. There are some instances where the market is down because Bitcoin is down but some altcoins are still going upwards for some reasons. Maybe a huge development happened or most of this are just good news or fundamentals.

Since Bitcoin is down for weeks already, altcoins follow the trend and they are also down though we can also see some altcoins going up for some reasons. Why are you asking this at first place? You don't hold any Bitcoin aren't you? or you just don't know how the market moves?

Pelana vreo

member

Activity: 744

Merit: 10

Syntrum.com

Quote from: Tellek Garing on December 15, 2021, 03:03:58 AM

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

if i may know, what coin are you holding, all the coins are currently experiencing price drops and it's normal when the bitcoin price drops i buy more altcoins, i do that for long term profit, list of coins that are on the 1000 list cmc is still my current portfolio, because I believe the price of altcoins will definitely go up due to some hype that is currently trending like metaverse and web 3.0

kaya11

full member

Activity: 1344

Merit: 110

SOL.BIOKRIPT.COM

Quote from: Tellek Garing on December 15, 2021, 03:03:58 AM

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

Well you better be ready for more backward crash for altcoins. It is known to many crypto users that during holiday seasons is a nightmare for all. It was called the red market back then as most coins are down. If the coins you've held survive then it has a good future as the devs are holding out the dump.

Dragonfund

full member

Activity: 546

Merit: 148

Quote from: Tellek Garing on December 15, 2021, 03:03:58 AM

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

Apperently, everyone is down, we are all waiting for bitcoin to stabilize so that Altcoins can do some magic as it used to, take a look at Fantom FTM that drop drastically despite everyone calling it a rare gem, the sold off by many investors was massive and we have all come back to accumulation stage.
You should also remember that Altcoins always tend to outperform bitcoin in term of gains and when it tend to fall, they do the opposite die to the volatility of their nature, they will all bounce back by the way.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Tellek Garing on December 15, 2021, 03:03:58 AM

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

As far as performance history is concerned, when BTCitcoin is quite dipping, the majority of altcoins also follows. That's how powerful the impact of BTC price movement is on the crypto market. When BTC is now on the rise, some altcoins also follow "BUT" it doesn't mean the majority will.

There's no specific explanation about that so I will say that check the performance history when BTC is either on a bullish or bearish trend.

SlimShadyMmp

full member

Activity: 1470

Merit: 103

COMBO 2.0

Altcoins especially news ones when btc takes a hit will tank like crazy and it will be very easy to see something like -90% and you will have to factor things like since its a new coin then it will likely have unlocks for private investors and some do have public investors vesting too. Anytime that happen price might tank alot especially if there is no use case at that moment since its basically a new coin

TelolettOm

hero member

Activity: 2086

Merit: 553

Leading Crypto Sports Betting & Casino Platform

Don't panic bro. During this market correction or bear trap, all coins are mostly droped. That is why our portfolio is also dropped. If we panic, we may sell the assets in lower prices and we loose our money. But if we can still be able to hold it, there may be chance to meet next bullish season.
I know that this is hard and not easy to be done. But for me, I don't have any good idea, better to still hold my coins rather than selling them in lower price.

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: Wiwo on December 20, 2021, 11:10:59 AM

Take it or leave it whenever there is a price crash altcoins portfolio suffer the most as It percentage always move in a multiple percent due to the large total supply and low market cap. So also when the market increases altcoins are the first to do multiple xs.

It is something quite simple and yet a lot of people simply decide to ignore this reality, volatility works both ways, it can give great profits if you invest in the right altcoin but it can also give you massive losses, and if you invest in those altcoins then you need a strategy to deal with that volatility, because if you do not then sooner or later you will invest in a coin that goes down very rapidly and you will have no way to deal with it, losing a significant amount of your capital in the process.

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Quote from: Oshosondy on December 15, 2021, 03:08:02 AM

It is just as usual. During bull market, the altcoins can increase more, but during the bear market, the altcoins will decrease most. That is the reason I prefer bitcoin during bear market...

What is the point of holding bitcoin in a bear market if you are not a bitcoin maximalist? In this case, it is economically more correct to hold stablecoins when the market becomes bearish. Thus, you will have a great opportunity to buy coins, including bitcoin, at a lower price.

abralzain17

full member

Activity: 532

Merit: 100

Quote from: Tellek Garing on December 15, 2021, 03:03:58 AM

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

Is this the first time you have experienced a market correction like this?
The current decline in crypto prices does not mean you will lose the assets you have, this is what is called market coprection and every year any investor will experience something like this, don't be afraid of market corrections. we will wait for it next year, what will happen to the crypto market

StarKay

member

Activity: 756

Merit: 16

We All Can Make It

Quote from: Tellek Garing on December 15, 2021, 03:03:58 AM

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

I don't think there's any thing special about the altcoin market in comparison to bitcoin market other than that some altcoins are prone to pump and dump and that makes them highly volatile and during bear season such coins crash harder and some of them will eventually get delisted from CEX

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: Wiwo on December 20, 2021, 11:10:59 AM

Take it or leave it whenever there is a price crash altcoins portfolio suffer the most as It percentage always move in a multiple percent due to the large total supply and low market cap. So also when the market increases altcoins are the first to do multiple xs.

And also because most investors and traders are fearing to suffer for more downfall, alts are mostly affected by that mentality.

Overcoming this kind of emotions gives you a good chance to gain from this market,
doing what is best for your investment should always be your first concern.

Stop rushing things. It will only lead you to make wrong decisions, assess and observe.
if what is the best appropriate action before you step forward.

dbc23

sr. member

Activity: 1036

Merit: 311

All you need do is have patience don't sell out of panic when the bull season comes again most of the coin will go bullish while some might not recover. Altcoin investment is best with a diversified portfolio because most altcoin once the crash it takes longer to recover or never recovers at all

terrorJR

sr. member

Activity: 1302

Merit: 250

Quote from: Wiwo on December 20, 2021, 11:10:59 AM

Take it or leave it whenever there is a price crash altcoins portfolio suffer the most as It percentage always move in a multiple percent due to the large total supply and low market cap. So also when the market increases altcoins are the first to do multiple xs.

this is because the impact of the decline in large-cap coins, namely btc, because they always follow it there, so it is very natural that the decline in alt is very worrying.
actually if we are on the right coin of course it won't be a big enough problem because indeed when the bullrun is there they will crawl to their original place even more than that but sometimes most of them are in meme and hype projects that make them panic because crazy dump

Maestro75

sr. member

Activity: 1960

Merit: 329

Quote from: Tellek Garing on December 15, 2021, 03:03:58 AM

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

That is what you get when you hold assets that are not in hot demand in the market. Any little crash affects them and they collapse beyond expectation. Even as your portfolio is down there are alot of others whose portfolios are up and looking good. Maybe you will start being careful the type of crypto assets you buy henceforth. Do not look at token low price to buy them but what program and development you believe they have.

Wiwo

hero member

Activity: 1260

Merit: 765

Top Crypto Casino

Take it or leave it whenever there is a price crash altcoins portfolio suffer the most as It percentage always move in a multiple percent due to the large total supply and low market cap. So also when the market increases altcoins are the first to do multiple xs.

Topic: My coins percentage down - page 3. (Read 851 times)