The new drama has started in Altcoin - page 6.

ife2020

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Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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?

For what is happening in the crypto space atm, i would not say there is a drama; instead i would put it rightly by saying that there has been a good rise in value of altcoins which has led to strong believes that the altcoin dominance against bitcoin has grown large. That aside; it is also important to note that for every bull run, there will be little or huge corrections (price retrace). It is up to you to get it right.

VanityWallets2015

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There is nothing to be done with the fluctuations during this time.
Fluctuations are the very nature of cryptocurrency, and it is a constant thing.
Whether you decide to hold or sell, caution must be manifested to prevent losses in occurring.

ttcsalam

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The market is never stable, the trend will change after a few days, this is normal.However, it is expected that if this trend of the market is in the right way, the alter coin will go to a better situation.
Moreover, Etherium is going in a good position.

Bezobraznike

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Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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 you got it all wrong! I don't think it's the right term to use it, alt-coins fluctuating very badly, fluctuations are a trader's heaven,
more it happens the more profit he can make. And this is not a drama, maybe in the beginning when you introducing crypto-market for
the first time, but after a while you get used to it, and you find a way to make profit from that!

Iyanu14

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Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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?

The market force is natural, we don't really have control over it since there are transactions on every seconds. Lots of investors are probably selling off their altcoins except ETH in order to invest in BTC and ETH whose price is skyrocketing. This is one of the causes of the price instability for other altcoins I guess.

IvugeoEvolutionCoin

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Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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?

The most unique property of crypto market is volatility, and if the market is not very volatile, trading will be boring. As for me, price fluctuations are cool. I'm a price action trader and take advantage of these movements after thorough technical analysis. Not only altcoins, BTC is not left out when it comes to volatility, reason why it can gain or lose 1k$+ just in 24 hours.

disconnectme

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Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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?

Fluctuating or increasing? To me I don't think I understand your question, we are in a bull market and there is no way price will move up without the price moving up and down because prices do not move in straight. If the tokens you are holding in your portfolio increases in value start booking profit because nothing last forever

bitcoinisbest

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Quote from: Metall303 on August 11, 2020, 11:22:17 AM

Quote from: Vishnu.Reang on August 10, 2020, 11:55:19 PM

The reality with altcoin market is that despite the sky-high trade volumes, the liquidity is extremely low. That's why we witness the prices dropping by 10% or 20% all of a sudden, when a whale enters the market to dump his coins. Forget about altcoins, this holds true even for Bitcoin. As we have seen during the last few weeks, a single trade can dramatically alter the exchange rates.

but in order to dump the price of bitcoin, you need to have a very large amount of money. to make a price dump on altcoins, you need much less money and therefore it has more risks

Bitcoin no individual person would be able to do it. You require a whole lot of institutions or giant whales coming together and then dumping it then only it would be possible or some news which leads to sell it. For altcoins some of the smaller priced coins or using the dump and pump group some of the volatility in this space is much higher and could be done.

Chukwunonso

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Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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?

Fluctuations and volatility are the characteristics of cryptocurrency. It's almost impossible to have the value of every altcoin stable for an hour. The challenge we have is when the value is going against our trades, not when it's fluctuates. I do hope that the value of altcoin fluctuates so that we can have greater profits in the market.

Metall303

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Quote from: Vishnu.Reang on August 10, 2020, 11:55:19 PM

The reality with altcoin market is that despite the sky-high trade volumes, the liquidity is extremely low. That's why we witness the prices dropping by 10% or 20% all of a sudden, when a whale enters the market to dump his coins. Forget about altcoins, this holds true even for Bitcoin. As we have seen during the last few weeks, a single trade can dramatically alter the exchange rates.

but in order to dump the price of bitcoin, you need to have a very large amount of money. to make a price dump on altcoins, you need much less money and therefore it has more risks

Malam90

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Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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?

Flactuation is a common matter in crypto as we have seen in the last 3 years. The recent flactuations for positive trend is not a bad sign. It is time for Bitcoin and Ethereum i think. Altcoins' good time is waiting if anything negative or rumor isn't happening in the next few weeks or months. We can see a bull market if everythink remains good.

Vishnu.Reang

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The reality with altcoin market is that despite the sky-high trade volumes, the liquidity is extremely low. That's why we witness the prices dropping by 10% or 20% all of a sudden, when a whale enters the market to dump his coins. Forget about altcoins, this holds true even for Bitcoin. As we have seen during the last few weeks, a single trade can dramatically alter the exchange rates.

Shasha80

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In a market situation like now, the price of most of the altcoins is going up, but even though the price of the altcoins is
very volatile.We can take advantage of this condition by scalping, that is, when the pump price we can sell some of the
altcoins we have, the rest remains in hold in case the price continues to rise. Then if there is a price correction, we can
buy back the altcoins. Do this repeatedly, so we can collect large amounts of profit.

naikturun

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isn't this great? you can make a profit in a short time but it can cause losses too, have to be able to adjust the timing.
and also the defi project which is currently the most underdog or rather fomo is currently in the defi project

Lorokan

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Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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?

What is happening to altcoins at the moment cannot be termed to be a drama, rather it is the effects of the increase of altcoin dominance against bitcoin. The bull run seems to be near; and the altcoin season is also here. Instead of wondering why the price positions are not stable; i implore you take the moment to find gem altcoins, you can invest in and take profit.

Prices of crypto currency tokens will always fluctuate, be it in a bull season or in a bearish market.

Chuky92

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Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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?

Seriously it looks good seeing the market in this way because it will keep attracting more users while encouraging others as well. Now about the fluctuations you are referring to, it is how the market is and there is nothing that can be done about it than trading it that way. If you don't want fluctuations then go for stablecoins but I must tell you they are stable in price and hence will never grow. So I don't know what you want to do, but if you want to trade then learn before you get started.

chanc3r

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Quote from: flagpara on August 10, 2020, 06:36:58 PM

Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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?

You have only low volume coins or bad research cons. Almost all top coins are doing a good pump but only a few coins' prices are stable. Out of the top 100 or 200 coins or very new coins prices are fluctuating. You noticed this drama because you are holding low volume coins. Actually I want to see which coins fluctuate in one hour between the last 2 days.

even the small defi coins are also doing so good right now. this time is the time for defi to show its potential and some defi has already broken a new ATH. that means if the market is really different right now. Drama is not only coming for small coins.

flagpara

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Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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?

You have only low volume coins or bad research cons. Almost all top coins are doing a good pump but only a few coins' prices are stable. Out of the top 100 or 200 coins or very new coins prices are fluctuating. You noticed this drama because you are holding low volume coins. Actually I want to see which coins fluctuate in one hour between the last 2 days.

tabas

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Quote from: Wapfika on August 09, 2020, 07:39:06 AM

Quote from: tabas on August 09, 2020, 06:50:30 AM

Yes, this time the crypto market is in good condition. But I think you also knew it that it's been volatile all of this time. So if there is a movement and it fluctuates negatively, you'll never know.
Because it's the attitude of crypto market and it continues to keep moving like that. My suggestion of what you must do is don't be panic if you see it fluctuates. Learn to go with the wave and be calm all of the time it fluxes.

The thing now is people have time to monitor their portfolio too much, that even we set goals and knew it will drop and soon to rise again. I also experience it this time of quarantine since I was able to focus a lot in trading that whenever the price goes down even I knew that the price drops is normal it seems I can't wait and wanted to change the plan, I better should find other activities to keep me busy so when the prices isn't good that day I will not mind too much.

Everyone experience it. The sudden thinking of his crypto assets to fall, we're all experiencing that as we're seeing the volatility in the market with our eyes.
We just can't avoid that feeling.

princerepon

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Quote from: NIKUBHI on August 07, 2020, 11:49:59 PM

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?

This called crypto volatility and it's a part of crypto market. From past couple of weeks altcoin growing up, specially defi altcoin projects. Many people thinking this is the sign of bull run. If it's sign of bull run then price fluctuating is not a new thing. We saw many times in past. All we can do be patience and join the bull run. Try to invest on some good altcoin projects which still have chance to grow up.

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