Bitcoin Forum

All ALTs coin going down with BTC price decrease. Is it a temporary situation ?

When the price of bitcoin falls, the price of all altcoins will fall. This is normal. It also needs to see whether the price of bitcoin will continue to fall.

This is is happening due to the bitcoin price correction, hence most of the no ETH related ALTs are being traded with Bitcoins, it's prices are following.
Is temporary this happen on every price correction/mining difficulty increased, as a recommendation if you plan to make some trades, wait til the prices are more stablished.

H4T.

Not all alts are going down but majority of it. There are some alts that are surviving on this correction and one of it is XRP that just replaced bitcoin cash on it's 3rd spot. Every correction, pump and dump are just temporary remember that not all the time it will be a good healthy and go market. Having a reddish market is making the whole thing healthier and this will start up a new scenario that these bloody coins will be reaching a new ATH soon.

I do not agree if all altcoin down to follow the bitcoin price down .. some tokens in the market has increased.

yes really what you say, altcoin down only most not all altcoin whose price is down. the attack is very interesting XRP position is in the 3rd spot

"BTC is increasing all alts going down" and "BTC going down all alts following"

Alts always going down? I think it's just correction time most of the coins have been pumped in the last days

How about local exchange ? i use my local exchange and i just use my local currency to buy an altcoin, and the price is same all red, how about that ?

I think it is just a correction, I can see the usdt/CNY has a very high price, that means a lot of money are coming in this market to buy some cheap coins, so I think it will recover soon and it is also a good time to buy more cheap coins.

Some times and most of the time when value of bitcoin is falling down the value of altcoin is increasing vise versa and that is happening in a past 2 days, but i advise to hold your bitcoin dont do panic selling you will missed the opportunity to earn profit and when your altcoin generates profit much better to sell it and wait for the duno of value again.

as many said when Bitcoin goes down all Altcoin goes down, but this is not the time to panic , this is time to buy more bitcoin and altcoin at cheap rpice and wait for the next wave  ;D

What a question! Crypto markets are very volatile, they go down and they go up all the time. So of course it is temporary, for me is a healthy market correction after huge gains.

It happens and it's normal. Don't worry, the price will bounce back in next few weeks.

Yes its a good opportunity as the market is crashing the altcoins will the first to fall and thus it is a very good buy time now in the market to get some of the best coins at little better rate. Keep buying some specific coins ate every dip because once this market start to recover all this altcoin will start to rise again and easily profits can be made form this market.

These all ALT coins depend upon Bitcoin, so this is the main reason for price drops. As per my knowledge it is temporary, but who knows the exact answer for you. I suggest you not to sell them at this time, since the price rocks in 2018 as most of the ICO's are launching in that phase.

People seem to dislike Bitcoin falling. It seems like when BTC falls, everyone second guessed alts also. As some alts grown in size, we should see less of a swing but you never know.

Yup this is only temporary, there nothing to be afraid of,like this is the end of crypto currency, just take it as an advantage and buy the coins that you like while its still cheap, next year will be a different story when the coins have gain its momentum in the market again.

Hi,

It happens during regular periods and it is not right time to sell anything. It should be more like chasing the chances and making more investment as almost everything has lower prices currently. Hope it helps.

They're not all going down, are they? I've had some gains in the last few hours too?

Only shitcoins are going down.

yes this is a temporary situation, I think because it is towards Christmas and the end of the year. this is a normal thing, so if any altcoin decreases sharply you should buy it

Of course yes it is just temporary situation of price, couples days laters all of the price cryptocurrencies will goes up again, the fluctuation of price in cryptos currencies is something normal and it is needed by the traders to getting cheap coins and the lesson for you in this situation is never panic selling due to the price will rise up again, and if you want invest in alternative coins never entry in one time, it is useful for anticipate when the price of cryptocurrencies goes down and we can buy more and holding them.

I dont monitor the current market. but will most likely return to normal after December. I suggest, stay calm and do not take a hasty decision.

Attack or not, this is how it goes. For those people that are putting their emotion or starting to be emotional on this decrease of almost everything then you need to become stronger. You must not panic at this time because this thing can happen again in the future but what's important is that you need to buy now and take the chance for your own advantage. Don't cry nor don't murmur when this is happening, take chance of getting those reddish coins.

not just altcoin that goes down, but bitcoin also comes down. but I am sure this is only a short time, after which altcoin prices will increase again especially NXT and DAT

Yes, this is just a temporary situation that we are seeing. I still believed that people are simply cashing it out nothing more. Even bitcoin cash is crashing. Its either people are cashing it out or someone from behind is manipulating the prices. But, for me investors are taking profits this time.

Expect a full recovery in the next coming days. This is a perfect buying opportunity to most of us, so I'm sure that in the coming days, investors who are waiting in line will enter the market because the price is cheap right now.

So don't panic, its not the best time to sell your stash. Hold and wait for the next couple of days.

Of course this is only temporary situation and maybe next week the situation is already normal again. In fact this is the right time if you want to buy alts because the price is cheap and you can get a nice profit once the price recover.

I don't surprised that all coins/tokens price going down right now , it's normal when BTC price decrease, crypto market cap rise from 100B to 640B within 3 month , I think it's time to start market price correction ...

I don't think that all altcoin going down because if you see in the market, there are many altcoins that still survived even if bitcoin increase or decrease. and I think that this is just for temporary and soon the altcoin price will increase again, its just a matter of time that we can see this will happen soon.

I this this is the correction that we were waiting. All this increase that took place this month needed a correction. For holders this would not affect much but for traders it`s a problem. This is the time were those with experience will stept forward. Dont panic sale. This always happen and the coins will go up in the next month. This is a time to hold and buy some more . Its a christmass discount.

yes, this is temporary. but today not all altcoin prices are down.
all altcoin is sold out by the owner. I do not know when this will end. probably everything will be back in early 2018.

So far my altcoin value is not yet decreasing i can take good profit on it that is why i still holding them and when bitcoin value start to rise again i will sell my altcoin because i know when value of gets back all the altcoin will start to dump its value again.

But i am hoping that value of bitcoin will rise bwfore this year was end because i lost huge money already due to continuous dumping of value of bitcoin.

I'm just a couple of months in crypto but I know that what happens now is normal when it comes to crypto currencies. I am well aware that there will be a correction for BTC's price sooner or later and that would be since a couple of days. I am a bit surprised with the behavior of altcoins though since what I've experienced was BTC down, ALTCOIN up but then I guess altcoins prices going down with BTC is also normal. One thing is for sure though, all prices will also go up soon.

Yes, it definitely a temporary situation, altcoins are going down because nearly all of the altcoins solely depend on bitcoin, once  the festive period is over I think market will go back to normal and altcoins will grow.

Do you think that when BTC comes back, will people sell Altcoin to keep the BTC? And then Altcoin will continue to decrease or go sideways

not all, man. Take a look at the e-Chat

You just nailed it and I have did exactly the same thing as I have stocked my wallet with good amount of Ripple as it has shown some good improvement in last one month but at the sametime  I have invested into few other ICO as well which I felt are the next big thing but as usual bitcoin will rise again after couple of weeks and the best strategy will be to buy some bitcoin and hold.it for future.

not all are down some are up look at verge, it's up and bitcoin gold it's x1.5, some other coin are stable like bitcore

There are a lot of newcomers which are not patient at all and dump their cryptos now. It's the worst mistake for this market. Ofcourse it's temporarily, all we need is the patience ;) Lets wait for the whales return.

The fall of the market is normal, the stronger the spring is squeezed - the stronger it will shoot up!
the perfect time to shop for a long time

Well I'm only sad I didn't anticipate this and bought USDT, but I wasn't in crypto this time last year and didn't know. I'll remember for the next year ;)

This is the standard situation when the bitcoin price fluctuates. It always happens. As soon as bitcoin stabilizes - all altcoyins will begin to return their value. Altcoins always grow when bitcoin is stable.

Its because of bitcoin price fall some good potential alt coins will raise for sure next couple of days . Now market moving towards taking profit once get stable people start to invest on alt coins .

Everyone is cashing out before xmas period, i think its a normal thing to happen. Pump should begin before the year is up.

haha, you should not be too nervous. at the end of year, people usually withdraw their money and get profit after one year trading. After lunar newyear, they will come back

Altcoin can not increase forerver, altcoin need correction as perform in today. Altcoin will bounce up once its correction is finish and i think it need few more week this get this finish.

This is temporary, 3 days from now are weekend holiday. Seems many people will not take risk to do trading on some market, i think they sell them coins into fiat for while. i can't be sure this is correction time or not, but i can advise you to hold it rather than buying more.

Exactly. Im sad i got 20% loss, but i decided to buy more!
But if it goes down another 10% then im not going to invest more :P

But since most altcoins are on the same level as they were ~month ago, i'd say now is the time to buy before we slowly climb up again.

People cashed in for christmas time, now its time to invest again.

China's strategy is very surprising, but we know that the world market does not depend on one country. For when the month is down but later there is time to rise again. There is one patience that we must bear. This will certainly bring wisdom.
 

Don't worry! Its just the effect of the sharp decline in the price of bitcoin. Usually when ever bitcoin drops suddenly it take the alts along with it for the ride.

Alts are just adjusting to what the BTC's is doing right now,in less than 12hours alts are recovering fast so dont worry its just price corrections and its the perfect time to buy alts.

We all saw big pumps of most coins/tokens. So, that's normal situation that after growth  should be the correction. I made i great profit for last days, so i can't camplain. Anyway im not going to open new orders, just stop loss orders, Christmas is not the best time of the year to trade.