Bitcoin Forum

I'm still learning alt analysis. Your opinions please.

Many alts seem to be moving together, bottoming out. The strongest ones I see are ETH DASH REP. Other good ones seem to be ETC XMR MAID STEEM FCT XLM LSK.

Your thoughts? Since they are all moving together, which one(s) do you pick?

I'm very optimistic about the Monero, I was watching for a long time how the price changes and it is a promising coin with lots of dumps and pumps (like most of the coins in the exchanges), since last August there is a high pump of price (exchange rate in bitcoin) of the XMR. Along with that ETH is good too, they go almost together if we check the graphs.

for that coins, i think i will pick etc, xmr, maid, fct, xlm. i don't know why but my feeling that etc will go high soon and i hope i am right to have stock much of ETC. and with the other coins, maybe i will buy more xmr or mining more xmr so if the price is high, then i will ready to sell it.

I think most of this coins have had their time and are in price decline, that is a normal trand in the life of most Altcoins. I will pick Factom because of no inflation and low coins volume, also I like the technology and has got attention from homeland security and Bill Gate foundation

if youre write all altcoin is incraese price
i want to buy maidsafe
because is maidsfe is chep price, so this capital money same, can get much profit if compare buy another altcoin

many of these coins move together only because they are pump and dumps and they get dumped when bitcoin price is hot again. and also another big thing that affects them is the fact that they are being traded against USD and when bitcoin price goes up their price in BTC goes down, so it creates some sort of panic and people start dumping and pushing the price lower.

but if i want to pick i pick litecoin and monero for long term and ethereum for short term right now.

It is a normal trend in Altcoins market, when the price of BTC is stable or dump, they pump and inverse reaction when the price of BTC rally up.

I will like to ask what criteria you use to pick the strongest and the good Altcoins