Topic: Why are alts dumping so hard now ? Advice please (Read 625 times)

Lots of people were putting money into BTC to profit from the free forked coins they would get and to profit from the bullish run in general. Also, Christmas.
Monera is where it is right this second though, to the moon!

I honestly feel confused with bitcoin prices this time, I think this has wasted quite a bit. you say this is the effect of void segwit2x, please give me an explanation why it affects bitcoin price?

To me long term is to trade atls to get more BTC you should never hold alts long term

It all goes down to the bias to your coins.. if u believe that they have good potential u just either buy more or hodl.. but first u must consider and know for urself if u are the investor type( long term) or the trader (short term) type so that if u figure out u know how to learn more for each type.

Good for you, if you think that is the best decision to make at this time whatever happen afterwards, is surely for you to bear. Every situation is the creation of chance when others are clamouring about how bad the situation of alt coin is at the moment, you are seeing it as an avenue to even buy more. Whether its a good decision or a bad one, we all have to wait  till the time you decide to sell it.

Same problem. All those coins you mentioned , I am not going to sell , they are all under value at the moment. It 's even a good time for buying more

alts are being burned because btc is getting dump but why?because whales are switching from BTC to BCH.

I think that's normal because cryptocurrency value is volatile and maybe today prices were dropped but it will have a kickback and punch up. Just relax and see the graph drama of each of your coins.

You are a clueless noob OP.
I know by what you said.. "good alt's" ?
Then your list ? ahahhaha

Then asked about how markets work.. AFTER you invested how much ? 

Good luck ..you're gonna need it "investor"

It's better to buy top 5 altcoins, if you buy not in the list you make your own risk. even ethereum price drops and I lost about 1 eth because I bought eth at 0,053 and now the price is 0.044. I think trading is more difficult now. The price of alt seem bloody,

Sure there are +2,000 shit-coins, so lets say you have $200K, and invest $1,000 in 2,000 shit-coins, and one of them goes up $1000%

That means you turned your $200k into $10k ... lucky you

It's all shit, and there is a 1 in 2000 chance that one of them will even go to $10, just study the history,

There are only 1/2 dozen front runners, and most forks trade at 10% of the mother, and only support 2-3 forks

***

I myself am a MINER, and I don't BUY SHIT COINS, and I don't MINE SHIT COINS.

But I do make MONEY, and I never lose money.

Check wc in cryptopia 1000% up.

All your ALTS are shit-coins, they will all eventually go to zero, none are buy&hold coin

Good alt is like HUSH or Zencash,  all these penny coins are shit that you own

Eth is a good alt, so is zcash, or monero they will hold

You hoping that one of your penny coins go to infinity, not going to happen,

So U sell your gold BTC, and you buy shit,

BCH was pumped, most likely by BITMAIN ( owners of BCH )

SEGWIT2 being cancelled is GOOD, most ppl wanted this thing DEAD, and didn't want NYA controlling bitcoin.

BTC has been jumping between 6500 - 7500 up and down for weeks, this is to be expected

BUY BTC @6500 MORMTIMER BUY

Good alts are not down, Zencash is up 20% for the week, only the shit-coins like bitcoin-z are down 100% for the week,

All the penny coins have no hope in hell of going to $100

BTG took tons of PR money to make that ICO rise to $500, most of the little ICO's are backed by nothing and their sponsors are not rich ppl,

All the cons you list above are just the typical shit-coin, that are a dime a dozen, there are now over 2,000 shit-coins on the market, but only the top 20 should you buy&hold

Fine if you want to day trade shit coins and lose all your money, good for you

But U BUY 10,000 shitcoins a dozen different flavors of 'shit' and wait a year, and chances are most will be worth ZERO, and NONE will be north of $1

Rocky road.  Was down negative 3 BTC at one point.  Then up 3 BTC after x2 was cancelled.  Then back down negative 1.5 BTC .  I held and now I am back in the green about half a BTC.  

 

My SALT, LSK and  Waves have all settled on 20-25% in the green thank god.  SYS ARK and ARDR are all in the 10% green level.  Strat is one of my heaviest bags and it is less than 1% in the green.... Have high hopes for that one.      

Someone commented on me having a lot of alts.  Yeah I think I am at 80 alt coins now if not a little more Is that a lot ?  Only have a handful close to a single BTC some a little more.  Third of them are like .1 BTC.  I like to have it spread out.  

Awful thing is that a couple that really popped are ones I had sold or had like $20 in.  Xwc is one of them and it was up 80%  One of the first coins I ever bought when portfolio was worth about $200 lol......  Ethereum Classic I kept a few coins and it is up 50% and holding......  I had decent amount of  BTS, EOS, NEBL all double to triple on me and cashed out 50% so I can play on house money.


I might just leave my holdings and try to stop looking at them.  Can drive you crazy. I saw a recent post where a guy was screaming he is rich now.  Didnt check an alt coin for like 6 months and now his tiny investment was worth about 10 BTC  (rich to him anyway).  I have had EOS triple on me and I wasnt watching it.  Was a great feeling having it go from under 1 BTC to almost 2.  Can only imagine how it would feel to hit it big and not have to go through the ups and downs in between. Had 2 BTC worth of Electroneum and when I saw the price of .21 I freaked out as that would have been worth 60-70 BTC.  Was shaking with excitement only to find they wouldnt release coins to investors and it was only miners driving the price   Cry  What a horrible feeling that was after being so excited.   This market is not for the faint of heart that is for sure. 

just hold. I dont know why you this dump is hard. just stay long time in crypto world you will see many hard dump than this 1

The altcoins market has become so unpredictable that it continually gives us these kinds of surprises. If most of the altcoins fall when the price of bitcoin rises, but at the same time also tend to be dragged by the strong falls of bitcoin, will investments in altcoins have any future? I doubt it.

Well it very common to see alt in a position like this, most of the time it is used by the whales to get profit, but this time the up and down mostly cause by the forking news, the forking will happened and then cancelled and I don't know whether it is going to fork or not, this sensitive issue is causing uncertainty for traders and the market in ruined

If you have bought alts on his bottom you have to be in profit,after strong rise alts are experiening correct,
bcc is also alt,bcc pump will also correct

All market is bleeding right now. Everyone is buying bitcoin cash because there is a huge pump from the Korea. The volume is higher than bitcoin and it is almost 5 billion dollars. I think that it is new all-time high in terms of vol.

It is amazing because alts were having a nice week, i dont know why they are dumping so much right now, but those that i always liked are now in more than -15%, and this is a very preocupant situation.
I am so lucky because most of my portfolio is on Ethereum, and this is the only alt that has not been going down during the last few hours, this is amazing, but lets see how it will go in the next hours.
Maybe you should try to dump those coins that are useless, like waves, ardor, and iop.