Why Altcoin decrease in this situation

Golftech

hero member

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Quote from: leea-1334 on February 15, 2018, 04:30:23 AM

I am quite happy to see that Bitcoin looks to be moving back towards 10k again, but am a little curious to see that the alts I have been holding have not really followed suit, except for Litecoin. I remember being in profit when Bitcoin was around $9k (the second last time not this week) but now that it recovered again, the alts have forgotten to catch up. I wonder if this is another of that "Bitcoin up, alt down" phase that we are entering. If so, then I guess I have to look for more buying moments haha,,,

Just keep monitoring mate, I think it will take some time where investors are waiting for the total recovery just hold those top 10 alts and keep it,
the longer you can wait the higher profits that you can have, you are correct that timing might be so good since btc start to rise while alts are still
sleeping, better to select those quality project and start using your spare money to invest, just be more patient so you can wait for long term hold.

leea-1334

hero member

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Temporary forum vacation

I am quite happy to see that Bitcoin looks to be moving back towards 10k again, but am a little curious to see that the alts I have been holding have not really followed suit, except for Litecoin. I remember being in profit when Bitcoin was around $9k (the second last time not this week) but now that it recovered again, the alts have forgotten to catch up. I wonder if this is another of that "Bitcoin up, alt down" phase that we are entering. If so, then I guess I have to look for more buying moments haha,,,

yo_mama

jr. member

Activity: 89

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This is a really strange situation.
All Tether pairs are being pumped.
Feels like artificial pump by fake Tether.
Exit pump, bear trap. I'm betting on the collapse.

owlman

full member

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Merit: 100

Quote from: samanthacrypto on February 14, 2018, 11:21:43 PM

I mean, BTC not stable this time.

Maybe some coins have not lived up to your expectations, but at the moment, the general situation on the market is improving. Crypto-currency stability does not exist. Be prepared for this.

LUCKY21

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Altkoins have always been dependent on bitcoin. Therefore, any sharp movement bitcoin affects the price of altcoyins. Bitcoin went into the growth and the altcoyans immediately subsided a little. But I think that it's not for long and the altcoins will again grow in price.

NathanJB

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Quote from: samanthacrypto on February 14, 2018, 11:21:43 PM

I mean, BTC not stable this time.

Everything there is in crypto is not stable. That is the real situation. And that is not something to really worry about. That means everything is fine. Bitcoin and altcoins are always expected to rise and fall. You cannot expect them to tread a straight line sidewards.

SamboNZ

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Bitcoin will always affect the value of other alts and as far as we can see the market is recovering and most alts are too. Good thing the market is in green again, hopefully this will continue until it grows back again.

zhangcaisbsbn55

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Merit: 10

Quote from: VackFromOhm on February 14, 2018, 11:39:22 PM

You picked the wrong time to start thinking that the market is decreasing! We've had some of our best increases recently, and I think that most people probably believe that we're almost out of the market crash from these past few months.

Unless you're talking about some specific altcoin, which in that case I have no idea because you could be talking about any of them. Just hodl, and good things will come.

Agree. and more good thing will come very soon.

Uhde

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People should know that bearish trend is over to decide to invest on altcoins. So that they can start invest in altcoins. And altcoins can start to go up.

greenclub09

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BBOD - The Best Crypto Derivatives Exchange

We should always know when the price of bitcoin fluctuates then it will bring the price of many Altcoins with it. Most of Altcoins trading based on bitcoin so when the price of bitcoin too low investors will withdraw their Altcoins to change into bitcoin or usdt to secure their balance. That is why things happen to bitcoin can effect entire market.

Psalms236

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Quote from: shainasaz on February 15, 2018, 01:37:26 AM

The Up and Down in the crypto market are the normal movement in the crypto world a few days ago the coins shows bloody rises but look at now at the coinmarketcap the blood turn to green its strongly green may indicated almost all coin are in good market the btc now looking good and its already broke up the $9.5k its shows strongly going up to $10k

Well, the ups and downs price movement of crypto is just normal. As what I've noticed it's price is getting low because there are many coin holders sell there coins even at the low price it means to say that coins available in the market are many but there is a less demand. But since its price is fluctuating we can always rest assured that it will get high again just had happened before.

entr

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We were in a market where every coin get their ATH points. It's been a crazy 1.5 month for everyone and also everyone were happy. This decrease is not unexpected but those people who bought at ATH prices terrified by the decrease. It is related to the experience I guess. The more you know the market, you got nerves of steel. Yet, btc is rising so is altcoins. Things seems pretty fine for me!

Deancooel1

newbie

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keep HODL, indeed the bitcoin situation is currently unstable but I believe this is just a game, if we can wait longer it will definitely result

neinnein125

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VTOS

What made you think there is a decrease? There might be only small decrease in altcoin prices because some people may have used the chance buying into coins like vechain but on othe other hand there is increase in complete market.

St4yInTh3D4rk

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"STAY IN THE DARK"

Quote from: samanthacrypto on February 14, 2018, 11:21:43 PM

I mean, BTC not stable this time.

We can't expect a crypto currency to be stable because the price will change when there is change in the demand for that coin but there is no relation between the price of bitcoin and all other crypto currencies,if demand gets increase the price increase and vice versa.

cherryscarlett

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Because recently almost all tokens have a big drop.
And look most altcoin today are not a good gains, just because BTC has gone up, so their price also follow up, but keep in mind that the bull market is always BTC to rise, perhaps a bull market has come. Grin

johnyespapa

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Quote from: samanthacrypto on February 14, 2018, 11:21:43 PM

I mean, BTC not stable this time.

Because there is a relative relationship between bitcoin and altcoins,altcoins are mostly paired to bitcoin that is why these altcoins are calculated in satoshis and not in any pair.The mindset of most of people is,when bitcoin is moving up or down surely altcoins will bleed,but when bitcoin goes sideways altcoins are growing.

feelideb

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fLibero.financial

The cryptocurrency market is volatile and bitcoin is no exception. Bitcoin volatility will continue until bitcoin find it's true value of which many cryptocurrency expert suggested to be in the range of 7 figure USD.

jmalkovich

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They are green everywhere, why do you think that they are decreasing?

cepot9

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Cryptocurrency addict | Invest at your own risk.

this is a natural thing, btc and alt have annual increases and declines, this is the crypto world

Topic: Why Altcoin decrease in this situation (Read 488 times)