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Title: Total carnage today in the altcoin market Post by: pereira4 on February 17, 2016, 03:21:18 PM Bitcoin is going up and every single alt is on terrible reds, did anyone see? Including all the big alts like ETH, XMR or LTC are going low while everyone that sold their alts and stay on BTC is making a lot of money, we are already hitting 420 and Bitcoin will continue to rise for the next months so it's difficult to hold any alt, I will keep shorting some of the more liquid alts but always focus on BTC because it seems clear people only want to make more BTC profit out of alts at the end of the day.
Title: Re: Total carnage today in the altcoin market Post by: thms on February 17, 2016, 03:42:35 PM 24 hours is too short a time in cryptocurrency world. Any attempt to draw any conclusion based on 24 hr trading data is almost certainly going to fail.
Title: Re: Total carnage today in the altcoin market Post by: cryptohunter2 on February 17, 2016, 04:41:17 PM Bitcoin is going up and every single alt is on terrible reds, did anyone see? Including all the big alts like ETH, XMR or LTC are going low while everyone that sold their alts and stay on BTC is making a lot of money, we are already hitting 420 and Bitcoin will continue to rise for the next months so it's difficult to hold any alt, I will keep shorting some of the more liquid alts but always focus on BTC because it seems clear people only want to make more BTC profit out of alts at the end of the day. Not noticing LTC diving today really. Title: Re: Total carnage today in the altcoin market Post by: Snail2 on February 17, 2016, 04:57:39 PM Bitcoin is going up and every single alt is on terrible reds, did anyone see? Including all the big alts like ETH, XMR or LTC are going low while everyone that sold their alts and stay on BTC is making a lot of money, we are already hitting 420 and Bitcoin will continue to rise for the next months so it's difficult to hold any alt, I will keep shorting some of the more liquid alts but always focus on BTC because it seems clear people only want to make more BTC profit out of alts at the end of the day. Business as usual. If bitcoin start (significantly) moving in any direction altcoins going to react with a nosedive first :). Title: Re: Total carnage today in the altcoin market Post by: Za1n on February 17, 2016, 05:13:42 PM Good time to look at some of these alts and place some strategic buy orders, especially the consistently high volumes ones.
"The time to buy is when there's blood in the streets." - Baron Rothschild Title: Re: Total carnage today in the altcoin market Post by: GTO911 on February 17, 2016, 05:16:56 PM "The time to buy is when there's blood in the streets." - Baron Rothschild Title: Re: Total carnage today in the altcoin market Post by: BTCdoctor on February 17, 2016, 05:45:23 PM Not really, the coins just changed. Some got from red to green, others got from green to red.
Title: Re: Total carnage today in the altcoin market Post by: gentlemand on February 17, 2016, 05:46:06 PM Not noticing LTC diving today really. It never rose either. It's been quietly relaxing while the madness has been going on all around it. I'd be curious to know what that means. Title: Re: Total carnage today in the altcoin market Post by: cryptohunter2 on February 17, 2016, 06:25:18 PM Not noticing LTC diving today really. It never rose either. It's been quietly relaxing while the madness has been going on all around it. I'd be curious to know what that means. Perhaps becoming the new stable storage of crypto wealth :) it's deflated so much i think LTC holders will never sell lower now... It's found it's bottom but hopefully not its top :) Need more adoption but i think you will see if rise along with BTC as psychologically it is tied to it now. The old silver to gold ... |