Topic: Why ALTcoins are going down (Read 517 times)
It`s normal for cryptocurrency, growing/ falling, It's can be affected also due to news, or the "big player" games
What are you talking about? Most of alts have risen 10X in the past month, and BTC dominance has collapsed to the historic low of 30% or so and you are talking about alts going down? Man, you are living in fantasyland...
I guess your choice to take a decision. I guess what you invest must have some plans, this is very important. or maybe you can trade it with some other altcoin.
This is the part of the game all altcoins can't keep going up always it has to be come down a little to maintain the stability of the market.
Why ALTcoins are going down..I swear..in last 5 months i got 4X profit but from last 2 days 2Xdown..now almost iam near to my investment..any one suggest me is it good to sell all alt coins or need to wait for another pump..which is good choice..
In my opinion, altcoins drop due to the temporary correction of Bitcoin.
One of the rules of investing - time to fix profit and not be greedy, and when alts are falling - buy and wait for new growth. Then your Deposit will increase. (This strategy works only in the case if you have studied the coin in which you are investing).
if you look through the basics of Economics, you'll see that in any country national currency rate goes up and down within decent period of time. Crypto is all the same, you should wait for some time and hold what you have. if sell, do it at high.
Why ALTcoins are going down..I swear..in last 5 months i got 4X profit but from last 2 days 2Xdown..now almost iam near to my investment..any one suggest me is it good to sell all alt coins or need to wait for another pump..which is good choice..
This kind of price situations don't surprise me. These currencies have really fluctuate prices and this is normal. In my opinion, being patient and staying away from panic sells are the best choices.
Few reasons. As always. I think today best depending on news. I mean South Corea. It will grow up again. Remember bad Chines news. Do not worry.
The prices there inflated because of a lot of new money coming into crypto. Its correcting now.
It is very surprising to see altcoins go down while eth is pumping. Most of the time the alts go up 5x as much as eth. Even a lot of tokens are losing to eth. I think now is a good time to buy tokens with ethereum.
It would be better for you to hold up your coins, don't because of the present price rush into selling them. An investor should be ready for whatsoever happens and you should have known about this volatility. Like you said I will say you should wait for another pump.
Overall it's nothing really to freak out about. We all have our ups and downs. If you believe in the coin and teams that you are backing and the solutions that they are providing then this shouldn't scare you. It's a rather good buying opportunity.
Not every altcoin is going down. Its good to hold your coins because there are huge chances that altcoins will go high this year. Coins like doge and ripple are doing good this year.
Indeed lots of coins are going to skyrocket this year since a new ideology has been spread out and is apparently getting a lot of attention from the crypto community even if it implies less decentralization than the previous one .
Improvements to fight against exorbitant inflation rates have been thought about especially the XRP team who are now sending out the supply monthly after being held in escrow in order to have a rather stable value of their coins and avoid the roller coaster of rates ,especially with such a huge supply (100,000,000,000 XRP) .
A lot of money today goes to Bcash and Ethereum. I suppose a big correction is coming soon.
Transactions volume of Eth for today only were $9 622 280 000 USD , to increase the value to $1363,42 per coin which is a really unprecedented event for Eth . A correction is certainly on the way but whoever believed in Eth has certainly made huge money by now .
Why ALTcoins are going down..I swear..in last 5 months i got 4X profit but from last 2 days 2Xdown..now almost iam near to my investment..any one suggest me is it good to sell all alt coins or need to wait for another pump..which is good choice..
I think that depends on your investment portfolio. I mean we must know what kind of coins you are holding and what was your entry point really. Anyway whatever is the case if you are reaching the break even then it’s the point where you should sell your coins for your safe trade. I mean if the trade goes way down below then it could go really wrong and you may loose money over it. If you are holding practically good coins then you can still hold them. Most of the investment is going into the ethereum in today’s date and I think that’s why other coins are going down. But you can stick to your portfolio if it’s strong enough. Such as, IOTA, XRP, TRX etc. 
just the normal cycle ... they will be up again
I also think that this is typical situation for Altcoin's price. So you should not worry and wait a bit.just the normal cycle ... they will be up again
I also think that this is typical situation for Altcoin's price. So you should not worry and wait a bit. Why ALTcoins are going down..I swear..in last 5 months i got 4X profit but from last 2 days 2Xdown..now almost iam near to my investment..any one suggest me is it good to sell all alt coins or need to wait for another pump..which is good choice..
because altcoin influenced from bitcoin. When bitcoin price drops, then towed the sudden reduction of altcoins. However when the bitcoin price only mitigation altcoin back then increases according to the proportionality. Volatility of cryptocurrencies is normal. Please continue to keep your altcoin and wait for the prices rise again,
because the money go to ETH
Bitcoin is dropping beginning last December but it didn't recover the blood bath event so investors attention are now in Ethereum, as I did last week, I converted my Bitcoin into Ethereum and watch it grow because a hundred of Ethereum is better than a couple of Bitcoins.
Agree with this one so also I want to ask a question to the maker of this thread. Are you saying that all altcoins are now decreasing the value or you are just in a wrong choice of altcoin? 'cause eth now is increasing so definitely not all altcoin is loosing.
Why ALTcoins are going down..I swear..in last 5 months i got 4X profit but from last 2 days 2Xdown..now almost iam near to my investment..any one suggest me is it good to sell all alt coins or need to wait for another pump..which is good choice..
Why ALTcoins are going down..I swear..in last 5 months i got 4X profit but from last 2 days 2Xdown..now almost iam near to my investment..any one suggest me is it good to sell all alt coins or need to wait for another pump..which is good choice..
Altcoins is best choice in current scenario. So you should hold your coins. In future it will grow more than 4x profit is possible. Most of the altcoin is raise in market. But few of them is fall in market. You don't tell your altcoins. So you should analyse your coins is good or bad in current market.
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