Bitcoin Forum

I lost quite a lot of Sc, stratis, xrp and Dgb. And you

Yeah DGB has been the pits since I got in. 

SC seems like it's trying to recover, I think it'll pick up.

I hope OMG wakes up soon, seems inevitable, that one's going up... but lately it's been kinda sideways.

Not altcoin but dollar, this + btc raising (not a pump)

some are doing fine: like PTOY, Vertcoin, Waves, Lisk, UBQ
But well, it's not really a loss until you sell them, so hold and they will rise again ;)

XRP is correcting because it raise too fast https://www.coingecko.com/en/price_charts/ripple/usd it is a strange one
But i am interest to know why Sia keeps falling

Seriously
if company value is stored in USD - it value will fall when USD is falling.
if company value is stored in any other currency - it value will raise when USD is falling.

USD is falling because of some troubles with FED, Yellen etc. It is how I understand it, and it quite nice works with what I see on charts

I bought more Sc for 157 sts. Hope will not decrease and quickly increase.
Wait

even wave is down and having a hard time to go back to where it was

XLM and SC are having a pretty decent day.  Not great but... not terrible.

This cannot be repeated enough, if your investments are giving you losses and the coins that you are holding have some future and are not shit coins then the best thing you can do is to hold, do not sell for a loss, at some point the price is going to recover you only need to wait.

Bitcoin is very high right now. You can't expect altcoin market will get recovered so fast because most of the volumes of traders are on bitcoin right. There's a rumor also Bitcoin will pump again soon and will break the $5000 margin. So, owning altcoin right now is pretty dangerous. Just put only small amount to avoid huge loss. Short trade is good though. If you can't help yourself from trading. Short trade is good but more risky.

Altcoin market is sleeping for a long time. But i believe the market will recover as soon as Bitcoin dumps hard. But not now. Just hold if you think you loss huge on your bought altcoins. It will recover. Just be patient.

That's a shame, I was wondering if the market worked like that but that's what I'm seeing and what a lot of people are saying...  Too bad, because if it comes down to BTC vs shitcoins, BTC is going to beat them like a mule.

So altcoins are a bad long term investment, it would seem.  Sometimes they spike but generally appreciation of BTC, which is inevitable like the rising of the sun, will constantly drive their values down, like inflation?

The market is just so stubborn sometimes. All they know is bitcoin (irony being, up until a few months ago, that was all I knew too  ;D). I wonder a lot if every coin in existence now were introduced into an alien society all at once, which coin would be top dog?

What make you are losing a lot on those coins, it seems you can't be a patience person nor buying in the incorrect time that linked to the time of the pump of the token price. I lost nothing because i was buying in the dip or red paint.  You already take the bad decision. The price has fallen due to the taking the profit.

that's the reason why we need to study first before we enter the trade knowing the position and reading the chart though there's other things that's needed to consider just be patient and wait till all the correction was finish and see that it will bounce back, learn to invest with some thinking of long term goal.

Altcoins are not really falling. You bought already pumped coins in general. That's why you see loses. You should be very patient before buy and after buy as well.

This is because of bitcoin pump, but before bitcoin pump altcoins were in bubble, it was obvious and bitcoin had not risen at all compared to other altcoins.

I think there will come an altcoin season again. You have to wait... I know, waiting is the hardest part. Everything happens in waves. That`s the reason why alts were going down and will go up.

They are on massive correction. And i think this will take long to recover. That's normal though. Bitcoin is.so strong. We can't blame people switch to bitcoin since they can easily get some profits to it. I loss a lot on altcoins too. I don't see improvement of movement of the market right. So just use small percent of your portfolio on altcoin market. And don't lose your patience because this is the key to success. Waves is good to buy right now since there's many project are ongoing on waves platform. Stratis also a good buy. But takes long time to pump. Maybe weeks.

I think the price of Bitco has risen so much in the past, which makes all altcoin fall and we still do not know what will happen if Bitcoin reaches $ 10,000 if that happens . People will sell altcoin

Of course people will see, but that would be people who don't believe in the technology they are investing in. For those who pick their investment carefully, they will hodl

.aybe the btc pump is also the reason, since more is into focusing on btc . And git the idea that holding it more is better as see in btc. We're hoping altcoins can achieved btc value too. That's why some were holding into alts for future pump.

Not totally, though lots of alternative coins depends on btc price. Was really surprised with monero. I sold mine for over 1M satoshi per monero now it's over 3M sats. tsk tsk.

Btc increased dramatically and altcoin was down. My account😂😂

The altcoinmarket are falling down because of the huge pump of BTC. But that the same pattern like at the other 10 ATHs of Bitcoin :D Hope we see bitcoin coming down a bit in the next time. I think the september will be a good moon month for altcoins

I just based this on my observation and I observed most of the time when bitcoin price goes up, most of the altcoin prices do go down. I'm not sure why that is happening but usually that is the case.

Looks like BTC is pumping again, time for the alts to make a nice dip. It's like watching a dance each taking turns dipping before carrying on.

We need a huge BTC crash

Altcoin falls because the market is more volatile in comparison to Bitcoin
Small movement makes high percentage change. New coins come in steals away bitcoin marketcap.
Which is things make look a bit flawed than meet the beauty of the eyes.
Keep monitoring coins, and it will be OK, hold BTC no matter what along alts

I know. Because Bitcoin price is rising. Altcoins can't keep up with Bitcoin when there's a pump phase. After Bitcoin pump stagnate altcoins will recover and catch their same place. But in the pump people try to sell altcoins and jump on Bitcoin. If you are not a daytrader you shouldn't be worry about these waves. Bitcoin need to take a breathe, then altcoins will recover. You won't lose money.

Don't ask questions OP, profit from this ! Explanation: no one has a clear idea why some of the altcoins are falling, where others are raising up like crazy from nowhere.
Buy low/sell high and you're good to go.

Old altcoins are down, new altcoins up. When the pump no longer works, the pumpers move to a new coin.
Pumpers do not care about any coin and they do not care about you.

See http://coincap.io/, click %24hr.
   
EmberCoin EMB up 95%
Primas PST up 61%
VOISE VSM up 50%
Breakout Stake BRX up 40%

Too many bs coins pumping.

This is normal because people try to get more bitcoin right now. They saw bitcoin is going up dramatically and they didn't want to miss this action. Whenever this happens, there is big dump happenin on all the altcoins, as usual.

Many coins are having trouble at the moment since there is not enough money since bitcoin has taken most of the market cap to itself once again, there needs to be a new influx of money and that will take some time to materialize since in this year alone many coins went up to 10 times.

You also understand that situation is the scenario of whales want attractive more investor interested to Bitcoin, the volume trading increases everyday => New capital will deposit to crypto market => New cycle created and transfer to altcoin cheap price for take x2 profit :)

It may that altcoins dropping because BTC will probably fork again so everyone is stacking BTC hoping to stay on real BTC and sell fork for "free money". Also BTC increasing as more and more people hear about concurrency and their first pick always BTC just because its first ever.

I feel that most altcoins are overvalued currently. It can cost lot to buy even handful but still for small investor the coins are often useless beyond the speculative value. If you own like 1000 or 10000 more then you can mine or stake but then the price is impossible.

Many altcoins have lost lots of value lately, like MCO and even NEO. I tried to buy them a bit but now that their price drop so easily its proven that they are no good for holding value.

However there are some altcoins that hold their value much better than others. I think I will use that as a main factor for future investments.

I think you really need to just look at some altcoins that have really good future potential. Looks for good projects that have natural growth and solid potential. I try and listen to the community for and against each coin and decide from there.

I think the mistake is yours, it seems you bought some coins at the time after being pumped and have a high enough price, and when returning to the starting price you get a loss.

Same here. I also have some of the coins you are mentioning. This is temporary though. There is serious pump happening to Bitcoin that is why the alts are suffering. By the time this will end and stability with Bitcoin's price will take place, the alts will fly again. That's what happened right?  ;D

I think altcoin is falling because of sudden increase of bitcoin's value. Bitcoin pumps so high that why altcoin can't reach its value. When bitcoin has higher value, we need more altcoin to reach bitcoin's value. It is a supply and demand problem. Bitcoin's value became higher because lots of investor want to invest so they make bitcoin's higher and altcoin's value fall because of that pump.

Bitcoin is the king. Don't invest in altcoin anymore
p.s: That is what people think. We have many new people join crypto market. So they need time to known about altcoin before they get in. be calm and hodl

As at now altcoins are pumping. Today we can see that altcoins especially the most popular one are pumping. Ethereum price is closed to $400 as at this morning, ripple has make 11% percent profit for the past 7day, lisk 28% for the last 24 hours. I think want happened then was a correction and the corrections was an insignificant one. Before the end of the year some of them will have there price double.

Thanks for your suggestions. I'm also learning to analyze and make more accurate judgments. Hope after failure will be successful.

Learning from experience is the best thing to achieve success in the future, because some of those who succeed come from failure and able to rise to be more careful in trading later, and I also suggest to try bitcoin investment with time about 2-5 years.

And now ETH is $295,dragged by the fall in the price of BTC,all this reflects the volatility that exists in these markets,but maybe prices will recover later.

ICO ban news in China has taken been a big hit for basically all crypto coins.

The ban on ICO in China is the reason Bitcoin and all other altcoins are falling. The altcoins from China like Hshare, Binance, Neo are the hardest hit ones. Also the market had been up for a while now and correction was needed. As for Chinese ban on ICO, in my opinion it will be a temporary one until they have some regulations in place because China is the biggest cryptocurrency market. Hope they bounce back soon. I have been hit hard too due to Neo and Binance in my portfolio.

All altcoins are going down. I lost %30 of my wealth in just 2 days. China banned ICO's, that affect whole crypto currency market. I hope both Bitcoin and altcoins will recover fast. We'd expect more highs but that dump hit us hard.

At the moment that's the reason, but the OP asked more than a week ago, so at the time the reason was probably another.

Apparently all these ICOs majority use Ethereum smart contract, once China decide to ban ICO which aswell banning the allowance of ETH smart contract for chinese people, all altcoins will be affected too. but you can see that some of them aren't affected because they have nothing to do with eth

What comes down fast will load more fuel for the next pumps. Today China just fked us pretty hard, with this ICO banning shit. But hold on guys, we have so many new people that bringing in huge cash into the market. The problem is that they are new and need to learn about alts first. I dont think that all the altcoins will dump that long. New altcoinmoney is flowing in soon, so dont get weak guys.

Reaction of banning ICOs by Chaina. Just calm down, take this is normal as its goes a correction. Patience is key and the longer you are here, the more you will notice the trends and patterns.

Now the reason is different from when OP posted. BTC dropping due to China banning ICO's causing FUD. Everybody selling alts to btc, to sell btc to usd.

My all altcoins are in loss due to that latest news and it's happening since yesterday. Even BTC price has dropped from 4500 to 4100. Don't know what will be the fate tomorrow but things look really terrible now and on coinmarket, I can see that almost every coin is suffering.

Yea it's red all the way... I hope we will comeback cause it's not looking good right now.

And this is also a short term dump and if i were having spare funds then I would definitely have brought some bitcoins as they are getting sold at a cheaper rate and this is a good money making opportunity as in a week the prices will rise definitely.

Me too I lost a lot of money today alone. Bitcoin and Altcoins are failing because China bans ICOs and cryptocurrency to fiat exchanges from operating that is the reason behind all this mess. 8)

- The news banned all ICO in China has had a terrible impact on the market, the amount of investment in the market lost, it makes Bitcoin and altcoin significant decrease, many people has predicted price will continue to fall until the problem in China is resolved. And I think this issue will soon be resolved, the amount of investment in the Chinese market will be transferred to overseas markets, the price of Bitcoin and altcoin will recover, maybe even stronger increase

Correct, bitcoin has a lot of action at the moment and the eyes of everyone are on bitcoin so it is normal that altcoins are losing value, but you can rest assured that the price of altcoins is going to go up next, bitcoin moves and then a few months later the altcoins move as well.