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Topic: Prices of Bitcoin and Altcoin are down now ...? - page 2. (Read 1129 times)

hero member
Activity: 1092
Merit: 501
I do not really understand why some are still complaining that altcoins have not performed as well as bitcoin, traders should not care about which asset is the one that is performing the best, you should only look at the different charts and invest in the coin that is presenting the best chance of making profits, and during the last moths that was bitcoin, why the traders that were holding altcoins did not sold their coins and bought bitcoin and got profits as well?

You have a point, but I guess this is exactly what most traders do! They look at a chart, and they think ok I see a lot of opportunities here. Market wise in logic when you see Fibonacci lines and all that make sense you go in and get a position.

But they do not realize these are in the end pump and dump and manipulated markets so the charts do not make sense.
That is what they should do but that is not what they do, look at all the threads on the forum of members being mad about the performance of altcoins, if you do you will read many stories of members which did not sold their altcoins thinking they will go up at any moment and now they are frustrated that they did not, they had the opportunity to invest in bitcoin for several weeks when the market was just accelerating and they choose not to and they are complaining about it when it was their mistaken decision which explains why they are losing money.
sr. member
Activity: 1162
Merit: 258
1xbit.com
This month, I see that the price of bitcoin itself is stable. for the price of altcoin can not be predicted because some altcoins are also in fact experiencing a price decline. we can not guess the direction of altcoin due to so many and each altcoin has different potential.as well as potential altcoin and shit tokens
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited

The bad habbits of most traders is they buy when the price is increasing. So, the whales are easily play with those people. They will make the market move and act like the bull run is coming.
but when the those traders panic buy aiming for quick profits, the whales will sell all their coins that they just bought.
This usually happens when the price of altcoin increases continuously at a time, so traders think that if the trend of rising prices will continue then they take the risk to buy altcoin at a price that is quite expensive, and unconsciously it backfires on themselves, because it could be that in the altcoin price trend that is pumping there will be a sudden drop in prices, so as traders  better set targets before we trade in the market, so, we don't make mistakes that can make us suffer losses when trading.
copper member
Activity: 490
Merit: 2
Binance is definitely the best platform to trade, because they had so much difficulties during the last years, including hacking attacks. So much money were stolen, but they did very well, and compensated all the loses to their users and moved on.
full member
Activity: 941
Merit: 100
market decline has occurred since 2 years ago. now we have seen bitcoin and altcoin better with some movements in the market. Trade and investment trends are now beginning to change. whoever dares to take speculation at the right time and condition will benefit from it.
this year bitcoin pumps several times quickly. for those who doubt then will not get anything. but for those who dare to take risks, the benefits can be obtained even very large.
to see overall market growth I think it will take longer until this market gets the best alternative to foster mass adoption of crypto.
hero member
Activity: 1274
Merit: 500
I think this is because the people that interested in Crypto investments are diminishing because of the bearish market which still in effect and some FUDs therefore expect that the price will truly fall down due to panic selling. Hopefully that the market will be stable now after setting of new base line of $8,000 resistance so lets just wait and see for this year ending perfomance as the market is looks like rising up again.

It happens rarely to see the Bullrun but when it happens the crypto traders run to liquidate the winning crypto trades. Another side of the story is the connection among the altcoins and BTC, some traders like to trade altcoins with following the price of Bitcoin. The resistance prices are above the $8000 but crossing these levels will lead the price surge up to $12000 in my opinion.
This is a prediction that everyone wants to happen during this period, but Bitcoin is still in a downtrend so the price increase may be difficult. I think this market will not see much change this year so we need to be more patient and for me the price of $8000 is very cheap. Maybe the value of Bitcoin hasn't changed much but I believe in this coin because this is an investment that has helped me to make a lot of great profits in the past.

Currently we can do nothing but wait so think many times before investing because this is the time that can decide a lot on your investment.
sr. member
Activity: 938
Merit: 256
It happens rarely to see the Bullrun but when it happens the crypto traders run to liquidate the winning crypto trades. Another side of the story is the connection among the altcoins and BTC, some traders like to trade altcoins with following the price of Bitcoin. The resistance prices are above the $8000 but crossing these levels will lead the price surge up to $12000 in my opinion.

The bad habbits of most traders is they buy when the price is increasing. So, the whales are easily play with those people. They will make the market move and act like the bull run is coming.
but when the those traders panic buy aiming for quick profits, the whales will sell all their coins that they just bought.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
I think this is because the people that interested in Crypto investments are diminishing because of the bearish market which still in effect and some FUDs therefore expect that the price will truly fall down due to panic selling. Hopefully that the market will be stable now after setting of new base line of $8,000 resistance so lets just wait and see for this year ending perfomance as the market is looks like rising up again.

It happens rarely to see the Bullrun but when it happens the crypto traders run to liquidate the winning crypto trades. Another side of the story is the connection among the altcoins and BTC, some traders like to trade altcoins with following the price of Bitcoin. The resistance prices are above the $8000 but crossing these levels will lead the price surge up to $12000 in my opinion.
hero member
Activity: 1274
Merit: 500
To grow price for bitcoin must begin with investor confidence in bitcoin itself and altcoins will follow. Usually like that.
In the midst of a weak market like now, I think there is still a chance to take advantage of trading even though there isn't much, maybe if you look at the current situation, to take a lot of profit is rather difficult. So choose a coin that you think is good, it can be seen in cmc, or you can see traders who are discussing good coins to trade on this forum, maybe it will help a little, if you want
Confidence of investors has not been improved, so during this time, the market will continue the downward trend and there will be many big risks in investment. I am not sure what Bitcoin will be like but if cannot return to the $10,000 price this year, the market will be very bad next year. I have been investing in this market for a long time and this year is probably the year I feel most worried because the bear market is still overwhelming and the investment demand is still very small so it will be difficult to make a profit.

Anyway I will trust this market because this is the only place I can make money and will continue to invest until it is profitable.
hero member
Activity: 924
Merit: 505
hi My friend noticed that in the last few weeks both the price of bitcoin and altcoin bled, is there anyone who can give me good advice for buying and trading that is good and safe. because I heard a few months ago that the Binance exchange was at the restat, now is it safe if I return to trade there, because I have also traded a long time in binance, so I was on vacation to trade there, because at that time Binance was at the restat. Thank you and I appreciate all the answers.
Yes bitcoin and altcoins now are fully blooded they are dropping.
About Binance its been safe after the restart of there site now its okay to use and safe.
So go and trade again and buy an altcoin that you know that you will get a profits.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
I think this is because the people that interested in Crypto investments are diminishing because of the bearish market which still in effect and some FUDs therefore expect that the price will truly fall down due to panic selling. Hopefully that the market will be stable now after setting of new base line of $8,000 resistance so lets just wait and see for this year ending perfomance as the market is looks like rising up again.
whats new?market has been in bearish once in a while just like the growth so is there nothing investors know about?but maybe you are right that they are just taking out their investments while waiting for another Low to buy again
and this add a lowering value as the capitalization is losing power
I do not recommend trading in such conditions because of the more loss than profit.
Better wait for market conditions in order not to reduce the risk of lose. Or you can buy Bitcoins for the long-term.
maybe you are right because now many investors are afraid of investing in cryptocurrency if our intention to invest is great, of course we as investors should be able to analyze the coins we will use in investing with cryptocurrency and the biggest capital needed is our confidence and patience in investing with any coin
but don't you think that if all investors wait for that time you have both mentioned market will continue to fall?remember that the prices relies on supply and demand and if people have the same thought of all will wait for market to grow then thats the end of cryptocurrency,thats why we must still purchase and sell even what is the condition of the market to continue the circulation so people may notice that market is still healthy
full member
Activity: 714
Merit: 100
I think this is because the people that interested in Crypto investments are diminishing because of the bearish market which still in effect and some FUDs therefore expect that the price will truly fall down due to panic selling. Hopefully that the market will be stable now after setting of new base line of $8,000 resistance so lets just wait and see for this year ending perfomance as the market is looks like rising up again.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
hi My friend noticed that in the last few weeks both the price of bitcoin and altcoin bled, is there anyone who can give me good advice for buying and trading that is good and safe. because I heard a few months ago that the Binance exchange was at the restat, now is it safe if I return to trade there, because I have also traded a long time in binance, so I was on vacation to trade there, because at that time Binance was at the restat. Thank you and I appreciate all the answers.
the only safe investing when market is bleeding is Bitcoin but only if there's a chance that you can stand to hold the currency for even longer time,because no other currrency has that huge domination and capitalization to keep safe our funds
but you can also try to risk for some altcoins that goes up and down while market are bleeding,though they are hard to find but at least a chance of profiting in this falling market is indeed.but in either way i will advice you to just buy using your extra funds so in any case that the currency stocked up in value still you can afford to wait
hero member
Activity: 1778
Merit: 504
WorkAsPro
I do not recommend trading in such conditions because of the more loss than profit.
Better wait for market conditions in order not to reduce the risk of lose. Or you can buy Bitcoins for the long-term.
maybe you are right because now many investors are afraid of investing in cryptocurrency if our intention to invest is great, of course we as investors should be able to analyze the coins we will use in investing with cryptocurrency and the biggest capital needed is our confidence and patience in investing with any coin
Psychology of investors in this period is really unstable, so there will be many decisions that make this market go down. I think any investment this year is risky and if you do not consider carefully you will be a victim in this market. I have met a lot of big investors and they all concluded that in 2019 there will not be much change in the market but if you choose to invest now, it will be a great opportunity to make a profit next year.

In fact, not everyone is patient and calm enough during this time so if you have a profit, don't keep it for too long.
sr. member
Activity: 658
Merit: 251
Yep, trading cryptocurrency is hard now because of blood market. I give you some advice :

1. Do short term trading
In blood market, you are better to do short term trading, because it's risky if you do long term. market sentiment always falling down deep and deeper. Find the opportunity in coin which will bounce, make profit form its bounce

2. Do 2 ways trading, short and long
many coins go down right now, if you just do long trading, it will be hard. so take a short trading

3. Using tight stoploss
it is very risky if you use loose stoploss or even dont use stoploss. you can lose much money bcz many coins falling down
sr. member
Activity: 1120
Merit: 255
Are you for the long or short term? If you are for quick profit, wait for an eventual new bottom. But there is a probability bitcoin will never bottom again this year.

If you are here for the long term at least 3 years or more, honestly it’s a great time to buy. Bitcoin has already retraced 60 percent from last ATH and won’t go a lot deeper. If we go for another bottom the price won’t stay very long at such level. So being few percent in the red for a month or two is, in my humble opinion, an interesting risk to take if you are for the long run. In both case with or without bottom, you will be happy to have started investing now, in 2021 or later. At least now you are sure the price is nice. If you wait to much, you take the risk to buy bitcoin at 10.000$. For the long term it change a lot for you final balance, this is where the real risk is, for me.

full member
Activity: 966
Merit: 104
If you figure out what exactly affects the cryptocurrency market, it becomes clear that any asset is at risk and the result depends only on you how much patience you have to wait for the cryptocurrency market to stabilize.  The media contains quite a lot of contradictory and often negative information regarding cryptocurrency, as well as panic moods of users, including speculators and manipulations of large whales, all this negatively affects the entire cryptocurrency market and each coin reacts differently to this.  If you have really good coins in your portfolio, then you do not need to pay attention to what is happening today, but have patience and let the coins remain for long-term storage.
sr. member
Activity: 700
Merit: 250
I do not recommend trading in such conditions because of the more loss than profit.
Better wait for market conditions in order not to reduce the risk of lose. Or you can buy Bitcoins for the long-term.
maybe you are right because now many investors are afraid of investing in cryptocurrency if our intention to invest is great, of course we as investors should be able to analyze the coins we will use in investing with cryptocurrency and the biggest capital needed is our confidence and patience in investing with any coin
Trading is always risky investment because if they want profit surely face some issues so those are believe the crypto trading they never fear these fluctuations. Once it was go down it make good profit on future so we earn good profit  on these situations.
Sometimes it takes more time also so we must active on all the time, then only we earn any situation.
sr. member
Activity: 1582
Merit: 253
I do not recommend trading in such conditions because of the more loss than profit.
Better wait for market conditions in order not to reduce the risk of lose. Or you can buy Bitcoins for the long-term.
maybe you are right because now many investors are afraid of investing in cryptocurrency if our intention to invest is great, of course we as investors should be able to analyze the coins we will use in investing with cryptocurrency and the biggest capital needed is our confidence and patience in investing with any coin
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
many coins are going lower and lower right now, but that's still good for trader if you can take advantage of it
you can short 'em in bitmex, which is selling high and buy low. that's find the coin which will go lower and you will get profit
but, you must set tigh stoploss because if you dont do, so you can get #REKT liquidated

   It`s not the first time, and it`s not the last time. Prices are going up and down all the time, didn`t you get use to it
by now?
   Some coins are going lower and lower, that`s true! But not all of them. In this year we have seen some good rises and
some good all times high prices for some coins. Not everything is so red as some people think and wrote in this thread.

yes i know that the prices are going up and down all the time, i just wanna share to take advantage by long and short
you said look like no matter how price down, it still can be up. but it's not always like that, the price isnt always recover, the history isnt always repeat itself
it needs good and solid reason to recover price all time

    Pelunize12 some people earn from the price swings. It`s short-term trading. Some people are taking advantage by trading in short-term,
but as we read just minority have advantage from that kind of trading, while majority is losing money. Long-term holding is very different from
that, to take advantage from long-term you need to invest when you can and longer you hold more benefits you have. I started with investing and holding in 2017, I can`t compare with holders from the early days. In 10 years it will be a big deal do you hold from 2025 or 2017. It`s how I
look at the holding and advantages of day-trading and long-term holding.
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