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Topic: The new drama has started in Altcoin - page 4. (Read 1544 times)

sr. member
Activity: 1526
Merit: 251
September 17, 2020, 11:28:41 AM
Trade fast and analyze the market over time if you are buying a very volatile altcoin.
especially the defi token because it is experiencing very high hype.
but for major coins such as btc, eth, xrp, and several other coins long term is still a safe choice.
sr. member
Activity: 1701
Merit: 308
September 17, 2020, 10:54:17 AM
Indeed for now it is very difficult to choose an altcoin that can rise and stay at the highest number, because the price that we have seen only briefly survived a high and finally come back down in a moment, so we as crypto users should be in altcoins that have potential and can we invest in the long term and do not choose a new altcoin growing because the risk is very high.
full member
Activity: 1946
Merit: 112
September 17, 2020, 10:25:05 AM
AS for many days, the crypto market is now in good conduction as compare from the last three to four months. But now a new thing in coming to altcoin, that the prices of all altcoins are fluctuating very badly and not able to stable in a single position for at least an hour. So, what should we do in this dramatic conduction of altcoin?

I personally don't see any drama in this. It would be much more dramatic if the price of altcoins only went down, or even stood still. If there is a price fluctuation, then there is a trading process and the asset has supply and demand. Moreover, such a fluctuation provides an excellent opportunity for traders to trade cryptocurrency, on which I am sure they make good money. I think that there is no need to worry, but it is better to believe in the best and pay more attention to the ongoing events in the crypto industry.
full member
Activity: 983
Merit: 100
September 17, 2020, 09:56:07 AM
This is crypto. Price fluctuation is what makes it interesting, and that is why we have stablecoins, isn't it? 
No, because before the existence of stablecoins Price fluctuations on the crypto market had already occurred and you don't need to say this is crypto, because everyone knows it too, and about that price fluctuation happened long ago before the stablecoin was launched.
legendary
Activity: 2982
Merit: 1028
September 17, 2020, 07:29:03 AM
Portfolio diversification, if you are not a trader but an investor, it is advisable to have both Bitcoin and altcoins and stable coins in your portfolio, then you will be ready.

It's best to have both if you have good amount of spare money.

Diversification is very important in order for you to rinse whatever trend is approaching,  both bitcoin and alts always find it's own time to move upward. if you have good amount  of invested money, you just need to wait which is which that will move favoring your assets
then wait for the rest to move as well.
full member
Activity: 1148
Merit: 101
September 17, 2020, 07:25:59 AM
Portfolio diversification, if you are not a trader but an investor, it is advisable to have both Bitcoin and altcoins and stable coins in your portfolio, then you will be ready.
This kind of advice has been given by many others and it is true that an investor must have good Bitcoin and Altcoin for this, but for investors it is clear that they already know about this because they also know which coins are good and which are not very nice.
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
September 17, 2020, 07:23:47 AM
yes, some altcoins did drop a few percent but if you look at etherum as the biggest altcoin, it still shows a good chart. I don't think this is so bad, if etherum is still on the green chart. When etherum breaks the $ 400 mark, I'm sure the altcoin market will be back on the mend.
sr. member
Activity: 938
Merit: 250
The First Idle Defense Blockchain Game
September 17, 2020, 07:20:40 AM
AS for many days, the crypto market is now in good conduction as compare from the last three to four months. But now a new thing in coming to altcoin, that the prices of all altcoins are fluctuating very badly and not able to stable in a single position for at least an hour. So, what should we do in this dramatic conduction of altcoin?
Sorry but Fluctuating is part of crypto market,the Volatility and the decentralization is way that's why it is normal that we will have this kind of market movement.

So what is that Stable that you are asking?

What you mean you wanted the price get stable in a certain value while the market is going?if this will happen then for sure investors will never enter because that means market is not healthy.

The prices must move up and down to prove that this is a active trading market.
it's because he doesn't know how profit-seeking people work in the crypto market. he must first separate stable assets from other crypto assets. he should also learn how to trade properly by studying the assets and charts in the market. when all that he knew, I was sure he would never have that view again.
jr. member
Activity: 84
Merit: 3
September 17, 2020, 07:01:47 AM
I think it's no longer a news that new drama has started in altcoin.
Altcoin it seems stable in the market not knowing that is not too stable compare to bitcoin in the market.Altcoin some time pump and dump because, in this season is try to repeat his self like what happened some years ago.
Altcoin is not pumping like the way others  pump in every season and make people confuse when it is dump. Altcoin has is own time to be filling stable in the market.
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
September 17, 2020, 06:25:55 AM
AS for many days, the crypto market is now in good conduction as compare from the last three to four months. But now a new thing in coming to altcoin, that the prices of all altcoins are fluctuating very badly and not able to stable in a single position for at least an hour. So, what should we do in this dramatic conduction of altcoin?

I think it's one of the normal things that will happen during the bull run (or bear run) as people are booking profits and the volumes in the exchanges are higher. Nothing to worry about.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
September 17, 2020, 04:44:49 AM
AS for many days, the crypto market is now in good conduction as compare from the last three to four months. But now a new thing in coming to altcoin, that the prices of all altcoins are fluctuating very badly and not able to stable in a single position for at least an hour. So, what should we do in this dramatic conduction of altcoin?
Sorry but Fluctuating is part of crypto market,the Volatility and the decentralization is way that's why it is normal that we will have this kind of market movement.

So what is that Stable that you are asking?

What you mean you wanted the price get stable in a certain value while the market is going?if this will happen then for sure investors will never enter because that means market is not healthy.

The prices must move up and down to prove that this is a active trading market.
hero member
Activity: 1036
Merit: 520
September 17, 2020, 01:33:37 AM
Seems like the bubble of Defis is bursting after all these rugs and bugs in some good coins , people are losing trust and yesterday some of them like BZRX wend down 30% , Seems like this fashin is over and bitcoin dominance is going up again .
sr. member
Activity: 978
Merit: 250
September 16, 2020, 07:12:20 PM
There's nothing you can do about it because that's when ico created a huge hype in 2017 and now new defi projects are running to create that kind of hype. Also if you have good skills in trading then you can spend time and money there. Otherwise if you have less experience with trading then hold on and be patient. If you have patience at this time, you will get good profit in the future, so you have to use the right time and this is the skill of a crypto user.
You are absolutely right on that there is nothing you can change, the market is always changeable and we should try following the event. If you want to gain you should spend a lot of time getting knowledge about investing and trading. It would be also better to get knowledge from other experiences. On the other hand, as you mentioned you will lose, maybe it is the best time to buy some good coins, that is why the price of altcoins is so cheap and it is really the best method to buy any coin at a low price and wait for price increases.
These effects could be right in some altcoins, especially Tron blockchain, Vechain or Chainlink. This coin price is dumped half in one or two months. There were the top coin lists to buy at a low price, out of top we could grab a lot of opportunities. Some of my favorite coins were also dumped. Since yesterday only Bitcoin price has been good but the top altcoins price is still dumped.
sr. member
Activity: 1022
Merit: 257
September 16, 2020, 06:14:10 PM
The best thing we can do in this kind of situation is to patiently wait. If we tried to get along with the wave of altcoin, we will only get ourselves having more losses. So we should better be holding our altcoins and wait for the right time for it to increase, or if it decreases, use that opportunity to increase your holdings.
jr. member
Activity: 840
Merit: 4
September 16, 2020, 04:35:29 PM
This is crypto. Price fluctuation is what makes it interesting, and that is why we have stablecoins, isn't it? 
member
Activity: 665
Merit: 10
SOL.BIOKRIPT.COM
September 16, 2020, 03:33:03 PM
There's nothing you can do about it because that's when ico created a huge hype in 2017 and now new defi projects are running to create that kind of hype. Also if you have good skills in trading then you can spend time and money there. Otherwise if you have less experience with trading then hold on and be patient. If you have patience at this time, you will get good profit in the future, so you have to use the right time and this is the skill of a crypto user.
hero member
Activity: 2366
Merit: 504
September 06, 2020, 08:02:47 AM
even stock price fluctuates a lot! it's such an obvious thing that an alts that has significantly lower market capital, more vulnerable to manipulation could become more volatile if compared to stock. heck, even money is actually fluctuates every hour but average joe just doesn't care.
the alts will always fluctuate even in the far future ahead except stablecoin which actually isnt really stable so just embrace it and accept it. You need to consider also that alts perform relies heavily on the project development.
full member
Activity: 728
Merit: 101
September 06, 2020, 07:59:28 AM
So what do you expect from the crypto market, price stability that will make you comfortable? Dude come on, crypto value is very volatile and can change quickly, and most people like to play there because they can "Hit" and "Run" as fast as they want.
sr. member
Activity: 924
Merit: 256
September 02, 2020, 12:25:07 PM
I think this is a new approach in the newnormal all began to rise and i think you need to be patient , and to market fluctuant i think it is common just the moment begun from the market collapse which began to bounce back
Anything will be possible and its normal if we see these tokens variety every time. It seems the effect of the current situation over the whole affects the price of cryptocurrency. If traders will too much aggressive throughout the short period of time they might lose if their analysis is wrong. Bounce back will happen if the price of bitcoin will suddenly up and crypto trends will surround the social media and other platform.
reflecting unfortunately no one can guarantee that altcoins can bounce because the current altcoin price depends on the price of bitcoin, if you look at the condition of bitcoin prices which are already very difficult to increase prices or price recovery then it is unlikely that altocin will bounce, at least the price of bitcoin must be increased first after that, altcoins will definitely suppress the price movement.
sr. member
Activity: 882
Merit: 253
September 02, 2020, 10:48:09 AM
I think this is a new approach in the newnormal all began to rise and i think you need to be patient , and to market fluctuant i think it is common just the moment begun from the market collapse which began to bounce back
Anything will be possible and its normal if we see these tokens variety every time. It seems the effect of the current situation over the whole affects the price of cryptocurrency. If traders will too much aggressive throughout the short period of time they might lose if their analysis is wrong. Bounce back will happen if the price of bitcoin will suddenly up and crypto trends will surround the social media and other platform.
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