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Topic: Why All Coins Dump? - page 13. (Read 15218 times)

sr. member
Activity: 308
Merit: 250
Machine Learning & AI - Trustless Ledger System
July 09, 2017, 02:35:38 AM
#73

It is really sad to see most of the cryto coins dumped a lot recently. I hope they can pump so that I can sell the coins and get back my money. Sad Sad Sad
Ctn
sr. member
Activity: 644
Merit: 259
July 09, 2017, 12:25:00 AM
#72
Might be due to split matter that is on going with bitcoin. It might be the case people are afraid to invest money into bitcoin, ether and alt coins due to this. They think the consequences could be worst if something wrong happens with bitcoin splitting. What if the price of bitcoin drops way below the stipulated value. At this point the altcoins will loose there market as well leading to bad investments by everyone and loosing the assets too.


full member
Activity: 560
Merit: 111
July 08, 2017, 05:46:07 PM
#71
Have time to plant seeds
Have time to harvest
Pab
legendary
Activity: 1862
Merit: 1012
July 08, 2017, 05:23:26 PM
#70
Crypto works like that pump and dump cest a vie,but value crypto are bouncing back and thay are gaining in price in long term,shitcoins,hype coins scam coins are going to die,
full member
Activity: 280
Merit: 108
July 08, 2017, 04:43:33 PM
#69
cool.. time to make some reserve
legendary
Activity: 1302
Merit: 1002
July 08, 2017, 04:29:23 PM
#68
Now that the market is overvalued, a sensible strategy (IMO) is to sell just enough to fully cover current living expenses for 2-3 years and to keep the rest in crypto. If the bull market continues, then I'll capture most of the gains (and likely outperform 95% of traders). If a bear market begins, then I will be able to patiently wait for it to end without spending my coins while they are undervalued. Worst case scenario: move to a low cost of living country and wait for an additional 1-2 years. I don't expect a crypto bear market to last longer than five years. The market is not mature enough for that.
legendary
Activity: 3248
Merit: 1402
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July 08, 2017, 04:17:25 PM
#67
There are mainly only 2 important reasons for a dump to happen and the main one is because of bitcoin being low. As on most exchanges the main trading pair of any altcoin is btc when the price of btc falls people rush to sell their coins to get more bitcoin as the price of bitcoin has fallen. Another reason is pretty common that investors have gained sufficient profit from the coin or they are not able to pump it more so they end up dumping the coin
Coins don't depend on bitcoin strongly. If btc gets down, some of the good ones may even go up, starting to take over its place. This happened with eth and ltc a few times, I think. However, it is true that when non-experienced investors appear on the market, buy some shit and then see that btc is down, they probably panic and decide it's the time to sell.
The dump situation - it does happen sometimes but IMO in most of cases coin goes down for some time and then rises again. That is because the creators don't want their creation to die, they do all the best to support it and the coin is probably naturally going down because of low demand. That is what keeps happening to Torcoin, for instance.
newbie
Activity: 14
Merit: 0
July 08, 2017, 04:06:48 PM
#66
Altcoins across the board have seen turbulent times over the past months. Spikes in price have affected both the top 10 and many of the rest
newbie
Activity: 14
Merit: 0
July 08, 2017, 03:57:20 PM
#65
Some analysts have described this as profit-taking, which would suggest the declines will level of and technical analysts the losses could go further
legendary
Activity: 1526
Merit: 1001
July 08, 2017, 03:51:17 PM
#64
People try to make people to calm down and stay quite but the truth is that those that have invested like me in the big bubble and after that when the price has dumped so hard with more than 50% that really hurts, I hope that those coins that are on red now in charts to see the green color very soon, I still don't know the reason why all coins are dumped yet.
legendary
Activity: 1288
Merit: 1000
July 08, 2017, 02:26:04 PM
#63
There are mainly only 2 important reasons for a dump to happen and the main one is because of bitcoin being low. As on most exchanges the main trading pair of any altcoin is btc when the price of btc falls people rush to sell their coins to get more bitcoin as the price of bitcoin has fallen. Another reason is pretty common that investors have gained sufficient profit from the coin or they are not able to pump it more so they end up dumping the coin
Bitcoin is not low, Bitcoin is stable and entered the phase of preparation for huge leap: scaling upgrade will go live soon, recently hash power of BTC network increased.
Maybe altcoin holders noticed that too, and simply dumped their short altcoin position in favour of buying bitcoin? After all, it was always like that in the past, nothing new here.
member
Activity: 79
Merit: 10
Hello all
July 08, 2017, 02:14:29 PM
#62
It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad

Cose it SCAM


Literally one of the most garbage visuals I have ever seen in my life.

Did you make this using ms paint on windows 98?


^^^^^^^ LMAO that was a good one Windows 98...Like REALLY? Lmbo
hero member
Activity: 672
Merit: 500
July 08, 2017, 02:03:22 PM
#61
There are mainly only 2 important reasons for a dump to happen and the main one is because of bitcoin being low. As on most exchanges the main trading pair of any altcoin is btc when the price of btc falls people rush to sell their coins to get more bitcoin as the price of bitcoin has fallen. Another reason is pretty common that investors have gained sufficient profit from the coin or they are not able to pump it more so they end up dumping the coin
yvv
legendary
Activity: 1344
Merit: 1000
.
July 08, 2017, 12:43:42 PM
#60
H-ha! This is where bitshares market pegged assets rule. Instant hedge into USD, CNY, gold, silver etc, and your funds still remain in blockchain readily available to buy back altcoins at the bottom of the dump.
hero member
Activity: 1106
Merit: 502
July 08, 2017, 12:38:36 PM
#59
My altcoins portfolio lost 30% and not yet stop!  Cry That's why I am very worry. So, the reason is because of Bitcoin going down? I am new to this crypto world and I am very worry when I see 30% lost  Embarrassed

I invested a lot in Ark, Stratis, Ador, and Aragon. What do you guys think about these coins future? I intended to keep these coins for long terms.
Do not get too worried, the same thing happens with me. All traders must have experienced a situation like this. This is a real test for traders, practicing patience and mental. And sure everything will be fine, provide backup at the lowest price.
Or you Hold until the price touches a stable number.
newbie
Activity: 36
Merit: 0
July 08, 2017, 11:47:30 AM
#58
Fear & Greed.
it controls all markets.
newbie
Activity: 16
Merit: 0
July 08, 2017, 11:41:25 AM
#57
Coins dump = go on a shopping spree. This is the time to buy buy buy, unless you're a buy high & panic sell kind of investor.  Wink
jr. member
Activity: 75
Merit: 2
July 08, 2017, 11:40:40 AM
#56


This

Judging by that cycle in what phase are we? Complacency?
member
Activity: 66
Merit: 10
July 08, 2017, 11:32:38 AM
#55


This
sr. member
Activity: 924
Merit: 260
July 08, 2017, 11:17:33 AM
#54
You are sad? You should know that the markets cannot move up forever and you most developed your mind to the level were you see pump and dump as part of cryptocurrency trading market. You should see this as another opportunity to buy cheap and sell high when it recovered. I trade coins and taking profit is one of the best moment in trading decision and I see buying time as the foundation of my trading strategy and I do buy when the coins price is down not when it is up.
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