The new drama has started in Altcoin - page 8.

irixo10

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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?

No one can do anything about it, because it is one of the things found within the crypto space, just like the crypto space is unpredictable as a result of its volatile nature and nothing anyone can do about it, in the same way, market fluctuations will continue going on and nothing anyone can do about it; somehow it is good for traders. However, many people might still believe we are in altcoins season but I still have my doubts ( I may be wrong though).

oscarftw

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Quote from: Script3d on August 08, 2020, 11:04:43 AM

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?

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.

rexxarofmoknathal

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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 market fluctuation is to be expected, and there is little you/we can do to control for it. One thing to keep in mind is that investments do fluctuate so the best thing to do is to select a project/token/coin you think will withstand this volatility. Also, when investing in any coin do be prepared to lose it too.

Overall, there is nothing you can do to control this fluctuation the best option is to chose carefully and trust the project, also be super patient.

Sanugarid

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Quote from: Finestream on August 08, 2020, 02:00:52 AM

It's not a new thing, altcoins are more volatile than bitcoin, therefore that fluctuation you witnessed is just normal.
We may see that altcoins is stable for some time, but that doesn't mean the market has already become stable as anytime price could significantly move, either it will pump or it will dump, that's the reality, so better get used to it.

If we are talking about volatility mate, there's nothing more volatile than bitcoin, you've just said it coz you see a huge gains on some alternative coins, higher than what the bitcoin had last week but that does not mean that they are more volatile than bitcoin. As you have said, altcoins are more stable for some time which is not a true definition of volatility. Volatility is defined by wide price speculation and heavy trading which makes up the price, in the case of atlcoins the rise are just pumps, a long time needed pump for the coin not to die. Seeing the market now, It's all good, bitcoin is rising and altcoins too, secure what you need to secure.

Quote from: Finestream on August 08, 2020, 02:00:52 AM

Bitcoin though still at a good price, but it's -1.57% today.

Bitcoin is looking good, it is still up 20% from the past week, as for my speculation to it, it will stay at $11k for quite some time and pump again by mid September Cool

casperBGD

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Quote from: ije07 on August 08, 2020, 03:44:06 PM

If you're still holding onto some of the top altcoins, my advice is to be patient and stick around. altcoin price fluctuations seem to be influenced by the coin holder itself. I mean like a trader who is trading altcoins or an investor who sells it when the price is rising. this is common in the crypto industry.

yeah, but that is not just crypto related, in each market you have volatility and fluctuations, and regarding this year, i would not call crypto as most volatile, although July was a good month, with positive outcome for most altcoins

ije07

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If you're still holding onto some of the top altcoins, my advice is to be patient and stick around. altcoin price fluctuations seem to be influenced by the coin holder itself. I mean like a trader who is trading altcoins or an investor who sells it when the price is rising. this is common in the crypto industry.

sourish

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Volatility is a given in crypto, and you will not find anyone surprised or worried about it. Just have patience, and avoid any rash decisions. Give yourself time to study the market first!

bearexin

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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?

It wouldn’t get more worse than what it was around February before now, the market has recovered and wouldn’t go that low even though it’s fluctuating. Another thing is that you should check the coins and tokens you’re holding, it’s very important to know where they are heading to, so that you don’t keep holding a token that’s soon going for a nosedive and then you will start serious loss. Why I’m saying this is because all the markets are not the same, despite there are tokens that will continue to flourish and increase as time goes on this year, there are still the ones that are going to be having serious problems.

tbterryboy

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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 can't really stress this enough but crypto is a volatile thing, it will go up and go down and do all kinds of stuff and we just have to deal with that, I still do not understand why people are worried about every time it moves. Certainly sometimes it will lose 50% value, sometimes it will gain 100%, and I know that there are tons of times when in real life that happens and that means something huge, you do not think about GDP of a nation going up 100% do you?

You think about a nation going up 5% and that is a good thing, however in crypto we are talking about 100% movement as a not a big deal, hell we have seen coins dropping 90%+ and recovering 50% of that in a year. So, I would say just calm down and you are going to be fine no matter where the direction takes us.

Script3d

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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?

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.

masterrex

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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?

Mate this is not a drama crypto market works this way, the altcoin fluctuation is just a normal thing, even in 2017-2018 ATH the market is quite fluctuating in 24-hour basis so there's nothing we can do about it, for all I care is to exploit this trend so that I can earn some decent profit out of it. maybe you should try too.

ethereumhunter

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Quote from: Mulann2 on August 08, 2020, 08:03:32 AM

Since I have no experience in trading I just buy some coin I think looks good enough and have the potential, I buy what I can afford and hodl for some time, marker will always fluctuates but there is nothing anyone can do just be patient and follow up accordingly.

That is enough for you because you don't have to follow the price if you can not do it, and you can hold the coins until it can increase. I think that it will be safer for you because you can avoid your heart to beat faster when you see the market moves. Besides that, if you can hold for some time, you will see when the price will increase at the right time, and that will be your time to sell your coins. But you need to buy the potential coins, and maybe you can avoid buying the new coins.

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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 is normal, this depends on our position as a bounty hunter, trader or investor. I am sure that each of them has its own tricks in seeing market patterns and developments ending in later decision making.

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

judeafante

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Quote from: Kelvinid on August 08, 2020, 08:04:40 AM

@OP, feel this is not another drama, in fact, we've been like this before. It sometimes the market goes high but later on it goes back down again. We should have nothing to complain for that situation coz that is one of the market features that crypto enthusiasts live with.

I think OP is not familiar with the movement of the market, like what you said it's very normal and it will happen a hundred or even thousands of times and the market will be like that, we should accept the market as it is and we should control our reaction so we can catch the market actual situation.

Kelvinid

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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 is normal, this depends on our position as a bounty hunter, trader or investor. I am sure that each of them has its own tricks in seeing market patterns and developments ending in later decision making.

It turns out that the market has its own agenda where we can't take control over them. We have different market approach, may the others feel uncomfortable with the current situation while the others also accepted it. And since before, the market looks like this, volatility makes the market more alive that of the stock market and this is a reason why many investors had fall into crypto investment.

@OP, feel this is not another drama, in fact, we've been like this before. It sometimes the market goes high but later on it goes back down again. We should have nothing to complain for that situation coz that is one of the market features that crypto enthusiasts live with.

Mulann2

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Since I have no experience in trading I just buy some coin I think looks good enough and have the potential, I buy what I can afford and hodl for some time, marker will always fluctuates but there is nothing anyone can do just be patient and follow up accordingly.

smyslov

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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 don't know what altcoins are you looking at but those top altcoins in the market are doing great if you mean new tokens that you are supporting then the developers of those projects should be the one to address you should push them to make their project looks good and work on the demand, the top 10 coins or tokens in the market are doing just fine.

Metall303

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I have already made a very good profit during the green season on the altcoin market. Now I have fixed my profit and now I will wait for the decline in prices for altcoins.

shoreno

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I think ALTs were more unstable in 2017 and 2019.

on the year 2017 yes they are its because thats the time all coins pump at thier highest potential so people should sell or miss those good moment , selling of all users is the reason why price hardly to become stable that time but on the year 2019 the situation is different . coins dump that time and they became stable with low price .

now i can say that most alts are still stable so i dont get the point of op or maybe he was talking to the new tokens .

Banulit

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Regarding that matter I can the best thing that we can do to improve that fluctuating conditions of those altcoins is to patronized and promote those altcoin especially that we all know that the cryptoworld is so volatile.

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