Today downward trend in Top 10 Coins.

KingScorpio

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Activity: 1470

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Quote from: Zyborg on March 06, 2018, 02:26:16 PM

I have observed today there is downward trend in top 10 coins today all going down,undergoing high fluctuations.Good time to invest in some Altcoins as price is low today.Market is still in correction phase and i think it will be recovered to an extent till Jun-2018.What you think? Huh

economy is still us dollar focused, thats not very good

tarlok01

full member

Activity: 490

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Ups and down is the main part of market, so we can say that the patience is the best way to see the future result. As bitcoin graph is going down but in future it may rise.

Maikl

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I think that in spring everything will grow well and will need to be fixed by the summer, because once again go into decline, just like last year! I think that you need to not only keep in long, but from time to time to fix the profit!

aces777

sr. member

Activity: 686

Merit: 250

I don't look at these as downtrends but buying opportunities for me. I actually wait for such time so I can buy some cheap coins while everyone panic sells. Currently crypto world is going through a high volatile phase and I'm just loving it.

Dimid

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Merit: 255

The market gave us to earn with this incredible growth. Now the market gives us time to relax. Get off the charts and live a real life

ccsang

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Quote from: KryptoKai on March 06, 2018, 05:35:13 PM

I think it will recover quicker than June. It is usually down at the beginning of the year as people recover their finances from Christmas and Chinese New Year. At the end of march the next bull run will begin. New pay check means more investment in coins

agree, same as 2017 June, all coin suddenly rising x10 x50 x100 ,big gains in November , so all of us need patience to wait for 2018 crypto market uptrend and high gains coming in next 3 month Wink

cryptotsunami

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Activity: 114

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Quote from: Zyborg on March 06, 2018, 02:26:16 PM

I have observed today there is downward trend in top 10 coins today all going down,undergoing high fluctuations.Good time to invest in some Altcoins as price is low today.Market is still in correction phase and i think it will be recovered to an extent till Jun-2018.What you think? Huh

You have to consider bitcoin rally is just one step away, which meands altcoins will also affected and may continue the downward trend. Better buy if Bitcoin make another all time high so you will not regret later on.

Mc_Moneysack

jr. member

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I think we are currently seeing a sideways movement. If you look at the charts you will see that we have already risen from the bottom but by far not recovered yet. So most coins are currently trading within a channel, going up and down, but not really breaking out.

kryptqnick

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Quote from: Zyborg on March 06, 2018, 02:26:16 PM

I have observed today there is downward trend in top 10 coins today all going down,undergoing high fluctuations.Good time to invest in some Altcoins as price is low today.Market is still in correction phase and i think it will be recovered to an extent till Jun-2018.What you think? Huh

I also expect the market's recovery this summer. The time might be good to buy, but I am trough with investing in altcoins for now, since most of my investments are now like 50% down. I just earn btc instead and do my best not to sell any of it.

Quote from: KryptoKai on March 06, 2018, 05:35:13 PM

I think it will recover quicker than June. It is usually down at the beginning of the year as people recover their finances from Christmas and Chinese New Year. At the end of march the next bull run will begin. New pay check means more investment in coins

Well, a year ago the big pump started in January, so I don't think you're absolutely right on this matter. What is also important is that even this year started good. The real drop happened at the beginning of February. which is kind of late for recovering from Christmas if you ask me. As for Chinese New Year - nothing happened with the market at that time, even though people were speculating that something will.

AndrewbvBauer

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i think market is swings nowadays.

pro2017

member

Activity: 210

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the market falls again in general, but the reason is not clear, I'm no longer hopeful from 2018

sangkler11

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Merit: 103

yes currently is time to buy more altcoin, wait until price very lowest
my prediction will rise in the next few days

wayaneka

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This happening many times already and look like the market still boring and long consolidation, but after that will going up. Could be in 1 month or more the market will ATH again like before. So just wait patient for that and then probably you can make profit.

Tipstar

sr. member

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At the moment(6th April 23:30 GMT), the prices of most coins are still in downfall. Among the top 10 coins, only monero has a price rise in week period otherwise 24h and last hour too seems bad for cryptos.

btcluisdiki

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Activity: 448

Merit: 10

Quote from: Zyborg on March 06, 2018, 02:26:16 PM

I have observed today there is downward trend in top 10 coins today all going down,undergoing high fluctuations.Good time to invest in some Altcoins as price is low today.Market is still in correction phase and i think it will be recovered to an extent till Jun-2018.What you think? Huh

Based on the figures from the coinmarketcap site, majority of the cryptocurrencies were really on the down trend this day. Until when it continues to drop, we still do not know however the good side on this scenario is that most of the crypto's price value were down and I had to agree that it will be good for buying alts at a cheaper price. Currently, the resistance of the price growth is still not favourable for btc and other alts and the best way we can do is hold still and wait for the recovery as this will happen in due time.

Visin

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Quote from: Johnnywelsh on March 06, 2018, 06:04:20 PM

Trying to analyze crypto week by week or even month by month is nearly impossible. Take a step back and look at it from this time last year and you'll see the progress that's been made. Who's to say Bitcoin may be around 50k this time next year.

Bitcoin is slumping down, it will pump later on. If it continues then yes altcoins will go on a downward trend.

Johnnywelsh

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Trying to analyze crypto week by week or even month by month is nearly impossible. Take a step back and look at it from this time last year and you'll see the progress that's been made. Who's to say Bitcoin may be around 50k this time next year.

nakauten

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Of course buying at the dips are the most profitable way to get your portfoli grow bigger,i am one of those few people who are happy with these blodobaths because we could make tons of money from these crashes,buying at the dips and selling when the market has recovered is an effective way to get an easy big profits out from these bloodbaths.

chanc3r

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Activity: 952

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Quote from: Zyborg on March 06, 2018, 02:26:16 PM

I have observed today there is downward trend in top 10 coins today all going down,undergoing high fluctuations.Good time to invest in some Altcoins as price is low today.Market is still in correction phase and i think it will be recovered to an extent till Jun-2018.What you think? Huh

It looks like the recent correction has reached its bottom, I guess you are right about it looks like this is the best time to buy more crypto. There will be another recover again soon but remember bitcoin down a little bit.
But i guess middle months of this year definitely become a big recover to the majority of crypto to reach ATH at the end of this year. My TA analysation has shown the same chart with last year.

cryptoheroin

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These top marketcap coins would recover faster than any coins out there that is why it is good to stick with these coins rather than those shitty coins out there,just to be safe with the bloodbaths you could stick with bitcoin when the market is showing bearish treand so that you can buyback coins from the dips and surely you will make big amounts of money.

Topic: Today downward trend in Top 10 Coins. (Read 274 times)