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Topic: Why Altcoin decrease in this situation (Read 467 times)

hero member
Activity: 2128
Merit: 520
February 15, 2018, 07:44:26 AM
#48
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.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
February 15, 2018, 05:30:23 AM
#47
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,,,
jr. member
Activity: 89
Merit: 5
February 15, 2018, 05:27:20 AM
#46
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.
full member
Activity: 602
Merit: 100
February 15, 2018, 05:23:47 AM
#45
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.
member
Activity: 224
Merit: 10
February 15, 2018, 05:20:54 AM
#44
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.
sr. member
Activity: 756
Merit: 251
February 15, 2018, 05:19:08 AM
#43
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.
sr. member
Activity: 1064
Merit: 253
February 15, 2018, 05:17:20 AM
#42
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.
member
Activity: 308
Merit: 10
February 15, 2018, 05:15:22 AM
#41
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.
full member
Activity: 616
Merit: 124
February 15, 2018, 04:36:07 AM
#40
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.
full member
Activity: 560
Merit: 102
BBOD - The Best Crypto Derivatives Exchange
February 15, 2018, 04:30:05 AM
#39
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.
jr. member
Activity: 126
Merit: 1
February 15, 2018, 04:22:34 AM
#38
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.
sr. member
Activity: 602
Merit: 277
February 15, 2018, 04:14:52 AM
#37
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!
newbie
Activity: 151
Merit: 0
February 15, 2018, 04:08:08 AM
#36
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
sr. member
Activity: 475
Merit: 251
VTOS
February 15, 2018, 04:04:00 AM
#35
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.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
February 15, 2018, 04:02:19 AM
#34
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.
member
Activity: 238
Merit: 10
Power the World for FREE
February 15, 2018, 03:59:28 AM
#33
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
member
Activity: 257
Merit: 11
February 15, 2018, 03:59:13 AM
#32
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.
full member
Activity: 770
Merit: 101
fLibero.financial
February 15, 2018, 03:49:21 AM
#31
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.
sr. member
Activity: 532
Merit: 250
February 15, 2018, 03:45:46 AM
#30
They are green everywhere, why do you think that they are decreasing?
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
February 15, 2018, 03:40:43 AM
#29
this is a natural thing, btc and alt have annual increases and declines, this is the crypto world
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