Bitcoin Forum

Altcoin is flying high at with BTC what do you think?
I thought the shark was done and it now time to drop the bait ??? ???

I do not understand you for what you altcoin say and what you threw off. You can learn more.

In the cryptocurrency market
There are no laws
Some times you see that BTC climb up and take some coins with him
And some times you see BTC climb $ 100 and other currencies down by 10%
So I think there are not always links between them

Yes, thank you

Altcoins are good to bag more btc profits, so when an altcoin pumps be sure to realize your btc profits.
Dont overly attach to altcoin as that usually doesnt end well. There are some exceptions like Monero, which i thing is one of the few legit alts.

Nowadays, holding altcoin is not as lucky as in the year 2017, but we have to hold on to expect them, may be lucky, while we see that the market is gradually recovering. get back

I always believe in some altcoin I choose, I know that the market will recover and then I will be rich by them, I think altcoin will be better than holding BTC or ETH

Alt prices aren't always dependent on BTC. There is a lot of difference in alts. Some will have a great future and others will not. I don't think they can all be lumped together.

Altcoin can give you more profits especially when the price of altcoin goes high but for now all altcoin seems the price is down everybody's waiting for the bull run to gain their investment at the end it's really good to hold altcoin for long term.

They have different volumes. Altcoin can be moved with small means. To move bitcoins with its capitalization, large ones are needed.

it is not "with" bitcoin, it is because bitcoin is not flying up!

bitcoin is basically stable with this tiny rises that it has per day. we have been on the rise for more than a week now and only gone up about 10%. that is not a big bitcoin rise!
and this is the main reason why altcoins are rising these days because the money is mostly moving to altcoins and pumping them. although there is still a very high chance of this being a bull trap and the whales can start dumping at any moment now.

Its confusing, don’t know what’s the main purpose of this topic but will try to give some of my thought. Altcoins depend on bitcoin, and we see this right now when bitcoin pumps, altcoins follows so for me altcoins will not fly go beyond bitcoin, maybe not this year.

It may be a bait for sharks, but it may also be because investors are already beginning to believe in the market, and these may happen!

You are right in something, but I want to clarify - altkoiny though grow but not evenly with bitcoin, as we can see it. The share of bitcoin in the total market capitalization of crypto currency is still dominant...

Exactly the price of altcoin is too low compared to the price of bitcoin. Because in August all altcoin things fall down and lose 40-60% of its value. Your outlook seems wrong or unclear to get a clear result

at times like this that is a normal thing to see in the market. i wouldn't really call it "fly" yet because there really ins't that much of a rise going on in the market but it is a normal recovery that we can see happening during each downtrend.
these are more like corrections when the price drops a lot, it needs to recover a little and come back up before it continues to go down again.

The only altcoin that has moved up by a significant amount is Dogecoin. The rest of altcoins are like in their lows and it remains unseen whether this recovery is a bull trap or the real recovery leading to a new bull market in crypto.

with the market situation, most of altcoins suffered it's prices and we can buy at lower price. If the market recovers then those alts will also slowly climb up. Although we can't predict the market I suggest you if you want to invest choose bitcoin.

in cryptocurrency the price drops and rises very naturally, you have to get used to these things, if this is the right time to install and fish then do it but observe the state of the market first, you talk about fishing so you have to be prepared not to get caught.

Holding for altcoin right now or buying fresh for me its not safe or have a medium risk,,if you want in low risk investment just buy more bitcoin

now buying bitcoin and eth is more profitable than altcoins, because they are cheap now and promising. Who doesn’t want more bitcoin?

I just want to know what people think of btc and altcoin ..... Thank you  ;) ;)

We know bitcoin price increased. but altcoin price is not increasing now and instead of increasing the price of altcoin falling now. almost all of the top altcoin price fell a lot since tomorrow. It would be good if you hold bitcoin now and wait for the stable price of bitcoin. when bitcoin price would be little stable we may get a massive pump in altcoin.so don't go for altcoin now try to hold bitcoin

IMHO first they will bounce with BTC, but if BTC pump will continue alts will be in flat or will be falling a little bit.

Altcoin is a digital currency that is similar to bitcoin and it is alternative coin. It is somewhat like bitcoin but it is cheaper.

What altcoin is flying high? when we say "Altcoin" you are putting to all of the coins in the market except bitcoin. Are you looking to a specific altcoin or you are altcoin as a whole market and they are flying high? As I see to the crypto market, bitcoin is flying high and is starting to recover while the altcoin market suffers bitcoin's good situation of recovery. While bitcoin is nearly hitting $7,300, many altcoin has increased but many are still going down.

The altcoin market today is almost no longer eager for investors to participate, they always try to avoid them, they no longer continue their investment work because the market dropped to the lowest level.

On the contrary, I believed that altcoins will suffer because majority of altcoin traders will shift to bitcoin right now because its slowly making a significant growth specially those who are going to FOMO prior to SEC decision.

You should not underestimated them. They are very smart at his kind of situation. They are just waiting on the wings, delaying their actions until such time that the environment is ripe for the taking. But right now the money is on the bitcoin ecosystem so they are all swimming on that direction.

I wouldn't say that they are avoiding them, its not the market is in the bear market, investors are very reluctant. But if you look at the bright side, its a perfect time to buy and hold long term or do day trading, Its up to the individual which best fits his goal in this market, Long or Short term.

What we are seeing is that investors putting their money on ICO and then immediately dump to take the profits. I mean this is the only reason why we are seeing coins like Ethereum which is the best coin for investing in ICO project take a plunge this year.

Your description is very humorous. I have also considered such a problem. I think the market last month was a bait, but this month is not because only bitcoin is slowly rising this month, and other altcoins are not obvious!

That right sharks and investors are doing everything they can to get good altcoin at low prices to make a lot of profit. And as we have seen most altcoins in the top 100 in July and August have lost more than 70% of its value before. Altcoin will bring us more profit than bitcoin and eth so they are putting altcoin prices down to the lowest possible

In my opinion, this is the start of the alts season, comparing to the same scenario as last year. Some altcoins are pumping up, but we should still be careful in trading with altcoins as the volatility is higher than the most popular coins such as BTC and ETH. You could experience a loss of around -40% in just a few hours.

In general, the altcoins ceased to fall. But this can only be a stop before the continuation of the previous downtrend. We will never know in advance that sharks prepare for us.

This is also my observation last year but I think that is not always like that. There are times that even though bitcoin goes up, altcoin goes down but not too much. But what happened last year is actually as bitcoin goes up, altcoins goes up as well. But, not all altcoins goes up only the ones that have a capability to grow in the future.

I agree with you . Most altcoin listed on the big exchanges have the opportunity to increase rapidly as potential investors operate at these exchanges a lot. I believe 90% of altcoin will die and only 10% can grow well in the future so consider your investment.

It seems that nowadays bitcoin is starting to increase and the altcoin is going up even though only a little. And I think that altcoins that don't have the potential to fall behind with coins that have better strength and potential.

Altcoins are now discounting and everyone is waiting for the price increase at the end of the year. Altcoins can bring you more profit, especially when the price of Altcoins rise will make you rich.

If you mean what you need to sell your altcoins now, then I'm sure you need to keep them until the winter, when there will probably be bulls

true, sometimes between bitcoin and altcoin do not have the same path because they have different technologies but all will return to the influence of investors. because if the investor starts throwing away all the assets then the price of any coin can decrease.

That's true that some investors were dumping their assets to earn sustainable money for their financial support, and we can't control that. They had their own decisions to follow, but more new comers also whose interested to invest and hold so the potential for every coins to rise is always considered here.

They are related as bitcoin still the main basis inside the market, so each time bitcoin move it will reflect somehow with alts value, might be not always in a positive side as investors and traders also have its own interpretations, most of the time when bitcoin pumped a lots of alts being dumped as traders wanted to have more bitcoin stored from their wallets to exchange to there local fiat.

Altcoins will dumps once the bitcoin will start to rally as those investors will sell their alts to get ride with the rally of bitcoin. Altcoins will start to rise once bitcoin stabilize at top as those investors will buy alts.