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Topic: The new drama has started in Altcoin - page 7. (Read 1544 times)

sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
August 09, 2020, 03:26:32 PM
#72
This is common case in crypto world. This is happening because btc is moving. Maximum time when btc goes up maximum altcoins price also rise. That's why in last few days altcoins moving. In this time most of the successful trader catch the coin and make profit. If you can't don't try to trade altcoins because wrong steps can be dangerous for you.
hero member
Activity: 1666
Merit: 887
August 09, 2020, 12:28:09 PM
#71
But this situation is better than it continues like a few months ago, it is quite risky to do day trading today. I'm not too sad because this situation is good for me because I prefer to hold
That's right, because in the past few months I have seen many old projects that have increased price of token unexpectedly and also this situation is like an altseason, only this is a small version this happens I think it is also related to current situation of crypto market which can be said is quite good, and also using this moment for day trading or short trade is perfect.
sr. member
Activity: 994
Merit: 261
August 09, 2020, 12:20:18 PM
#70
But this situation is better than it continues like a few months ago, it is quite risky to do day trading today. I'm not too sad because this situation is good for me because I prefer to hold
full member
Activity: 1148
Merit: 101
August 09, 2020, 12:04:28 PM
#69
If you are knowledgeable enough in trading, you should try daily or scalping trading since you said the altcoins are not stable and always fluctuates every single minute the that is the best opportunity for you gain profits if your are a expert trader. You'll be able to utilize the movements of the charts for your gains.
That's right, if he couldn't take advantage of it at this point, then he would not be a trader who was skilled in his field, because skilled traders would definitely take advantage of this to make a large profit day after day.
hero member
Activity: 1778
Merit: 520
August 09, 2020, 11:17:12 AM
#68
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?
High risk high reward strategy is to be doing margin trading if you know how to do it and should only do if you have a previous experience with margin trading in the past and know how to do technical analysis. But for those who don't know TA then only trading the altcoins is the option that they have to go for. Also now a days there is the availability of flash loans and you can combine these flash loans with arbitrage opportunities and then you can make a killing without risking much of your coins in that trade, all you gotta pay is the transaction fees and that's it.
hero member
Activity: 1232
Merit: 503
August 09, 2020, 11:10:06 AM
#67
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?
Crypto has been never stable, it's incredible volatile. There's nothing we can do to make the market stable, that's just how the market is. if you wanna invest in something stable just buy gold.
If cryptocurrency takes a stable position, how can we invest in cryptocurrency? We are all afraid to invest in cryptocurrency for fluctuate situation, but without cryptocurrency fluctuate we can't be interested like now. Altcoins price was getting worse during last year's pump of Bitcoin. In every different situation, cryptocurrency is doing great. Actually we're started to like altcoins drama.
If crypto is stable i think alot of people are still gonna invest to it and be interested, as long as the price increase while being stable is not gonna be a problem to some people. Some altcoins are too reliant to being that's why they're not doing well right now, as long as bitcoin's price increase altcoin's will increase too.
full member
Activity: 826
Merit: 100
August 09, 2020, 11:06:53 AM
#66
currently, the crypto market is experiencing a significant increase, but for traders, don't be left behind to take advantage of moments like this, namely doing daily trading.
I think all the traders who are already professionals will obviously take advantage of the good moments at this time, because they can definitely make a profit through the trading knowledge they have had for a long time.
member
Activity: 882
Merit: 13
August 09, 2020, 10:49:55 AM
#65
If you are knowledgeable enough in trading, you should try daily or scalping trading since you said the altcoins are not stable and always fluctuates every single minute the that is the best opportunity for you gain profits if your are a expert trader. You'll be able to utilize the movements of the charts for your gains.
full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
August 09, 2020, 08:33:17 AM
#64
what we have to do now is if we are long-term players then we have to wait for the altcoin price in the stable market because it is still in a price correction position or price adjustment to the value of bitcoin with fiat,

there is nothing to do but be patient to wait for the right time and conditions or try your own luck by playing fast in the markets.
full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
August 09, 2020, 08:28:38 AM
#63
for myself this is not a new drama but just a classic event, every time Bitcoin has experienced a very high price increase, it is certain that altcoin as its children experiences an unstable change because it might equalize its value with bitcoin and fiat so things will definitely happen something like this and in the future will happen again ,,
full member
Activity: 1498
Merit: 129
August 09, 2020, 08:19:32 AM
#62
That is what is called market volatility. It is relatively ok to conclude that if you are not ready to admit the loss, it is better you take out your trade and buy less volatile coins at the moment (maybe Bitcoin). Stablecoin is commonly regarded as a safe haven at this moment but however, the price can still go in anyway.If you are a risk-taker, you can continue watching the market. For the past few weeks, crypto trading has continued to witness continous market influx of minted stablecoins
sr. member
Activity: 1596
Merit: 264
August 09, 2020, 07:33:39 AM
#61
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?
Nothing actually.
Even though you have such social group to invest in a single coin, you can't control the price.
The whole market itself controls the price itself and you're just a tiny percentage of that effect whether you buy and sell.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
August 09, 2020, 07:39:06 AM
#61
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.
legendary
Activity: 2268
Merit: 1655
To the Moon
August 09, 2020, 07:11:39 AM
#60
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?
Thats a normal thing I think, altcoin is really a good choice to invest with in the time of defi hype. But make sure that you are careful on dealing with the market cause you can see a huge down and up in just split seconds. Altcoin always like that, it boom it drop, all possible scenario is unpredictable and we can only wish that we choose the right project for our money.

When the dominance of BTC decreases, altcoins always surprise us with their price growth. This is a great opportunity to increase your number of bitcoins. But we must remember that when BTC falls by 10-20%, altcoins can lose 50% or more in price.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
August 09, 2020, 06:50:30 AM
#59
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.
full member
Activity: 616
Merit: 102
August 09, 2020, 04:24:57 AM
#58
currently, the crypto market is experiencing a significant increase, but for traders, don't be left behind to take advantage of moments like this, namely doing daily trading.
member
Activity: 821
Merit: 20
SOL.BIOKRIPT.COM
August 09, 2020, 03:04:26 AM
#57
Altcoins will have to wait a few more days because they dropped several time so my thinking there do not come back quickly. Also you can now invest in some new defi projects as the time is being calculated for defi. Moreover, you can increase your daily profit share by trading, but hold the holding coins for a few more days.
full member
Activity: 527
Merit: 113
August 08, 2020, 11:13:16 PM
#56
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?
Thats a normal thing I think, altcoin is really a good choice to invest with in the time of defi hype. But make sure that you are careful on dealing with the market cause you can see a huge down and up in just split seconds. Altcoin always like that, it boom it drop, all possible scenario is unpredictable and we can only wish that we choose the right project for our money.
jr. member
Activity: 344
Merit: 1
August 08, 2020, 07:47:18 PM
#55
if you trade in futures it is very volatile, I avoid trading like that, there will be surprises from altcoins if the price of Bitcoin can be stable, don't get you wrong position


If you can figure it out, the fluctuation in the price s of altcoins generally and that of bitcoin is some how alternating.
If bitcoin should increase for some tim,e the time time it becomes stable or coming downtrend, altcoins will pick it up from there. This is what has ben happening all these while.
Perhaps it is a sign of bull to come.
Although, there are times that they will all take off at once and come down trend at once.
hero member
Activity: 2072
Merit: 656
PredX - AI-Powered Prediction Market
August 08, 2020, 07:45:45 PM
#54
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.
I don't think it is a new thing, the fluctuation is always happening in the crypto world. And do you want a stable price? you should go to the stable coin. Altcoins will never be stable in one hour. If it happens (so does the Bitcoin), it will be sideways. It means not a good thing.
- For the traders, fluctuating is a good thing to get the profits even in a single minute. And if the price is stable or sideways in one hour, it is not a good thing because they cannot make good profits from it.
- For holder, no worry about the price because you are a holder that do not need to sell the coins or tokens immediately. The way to do is just keeping or holding it patiently until reaching the rate that you expect.
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