Bitcoin Forum

Till yesterday it felt like we are going through a repeat of 2017 but all of a sudden it's dropping down, what would have caused this dump? Is it related to drop in the value of Bitcoin or else some other reason like whales cashing out ? I feel it was a temporary correction which took place after altcoins went bullish especially XRP and XLM which gained over 100% in last one week.

Completely due to the fall of Bitcoin price because emotions drives the investors to be crazy when they see sudden dump on the bitcoin so they wants to save their value if coins by selling as soon as possible because its like a sign of 2017 cycle is going to repeat so people can buy back when the prices completely dumped.

Altcoin strategy should be different from the bitcoin strategy. Bitcoin will be a suitable one for the margin trading and you can earn more with a less investment.But altcoin should be focused on the long term trading.Mostly you should hold to gain from it. But people will do panic selling most of the time as a damage control.

Bearish trend or correction is very unpredictable at the moment, because the crowd keeps fomo about Bitcoin, so there is such a strong sell-off.
Hopefully the curse of the year-end days won't come. Based on Bitcoin chart data for the years 2018 and 2019, the end of the year is often accompanied by sharp drops and even downtrends.
By the way, I'm still pretty optimistic about Bitcoin's future price as inflation is slowly pulling in fiat money faster than expected :)

Although the top altcoins have all grown tremendously over the past few days, its value is still dependent on Bitcoin.
This correction has been warned by professional traders for a long time, as the price range of $ 18k and $ 19k had a lot of buyers and was buried in capital at the time. decreased due to crowd selling. In my analysis, Bitcoin is still on the bullish trend, so this is a very good time for us to buy more altcoins and hold for the next 7 months.
* Note: Q2 in Crypto market often has new trends and money is poured into a lot, so we should  take advantage of this opportunity.

this is a correction, buy it now while there are lots of discounts, I am sure it will come back to the top again..i have started stocking XLM.  and we'll see tomorrow how much profit I get .. this is a moment where we can buy at low prices. what are you waiting for.

It's like a price correction though but there are rumors going on like the CEO of Coinbase tweeting about lawmakers going to clamping down crypto users in US and this is just what I read on Cointelegraph though. When news like this comes out, it's usually seen by users to be a threat, and some so gullible to also sell. But if you just look at it, traders will of course take profit after the price touches 19K above.

Not only you thought that we are likely having a repeat of 2017, many people did, in fact it seems to be the talk found within many crypto lovers but with this drop in the market, no one can correctly say what's going on. It could be whales cashing out after having a field day with the market, wherein many people were thinking of Bitcoin growing more or it could be correction taking place and getting Bitcoin ready for another trend. On the other hand, it could also be that what kinda happens towards the end of the year is about to happen, that is, dump in the market or it could be even more. Whichever it is, we should be careful with our trades and holdings.

Cryptocurrency price have increased significantly in last few days. Maybe this is a correction period now, that's why the market having down move. Cause crypto don't show the upper trend for so long. Now there is two possibility, the price may remain at this stage without much up down movement and will show another upward move after few days. Or it will slightly go down more. But might be no panic show.

Its always a maybe, Bitcoin, alt-coin price must be an exciting object/matter to speculate on, when bitcoin or alt-coin increases, the speculation are enraged same so if it decrease, the speculations are different some meaningful and some not, but if I may ask must it he speculation, is there no -this is the straight out reason- for the price increase or not. Is crypto-coin above logics in getting actual/straight-out answer to it price.

this market mate, everything can be happend in crypto market
i think the current situations is a profit taking actions from most of traders and investors including the big whales buddy
and thats make the price down, but don't worry, because this is only for a while my friend

it is an oppurtinity to buy. it a small correction.
in 2 weeks price will go at least 50% higher of today's value.

don't worry, this is only a corrections my friend, because a lot of people taking their profits from crypto market
and this situations will over soon, but maybe a big green movements will come back to crypto market next year, i hope i'am wrong

That's one good side of this dump because while the price is dipping, we can buy some of the coins with discounts. Its an opportunity indeed.

I have a few ETH that I would like to spend for VET but then the value of it also dipped. If I have only sold it for USDT while the price touches $600, it should have been better. I guess when the RSI said it's overbought, it's best to just do what is to be done there than disappointed later when all of a sudden all coin dips.

using RSI indicator to know when the right time to enter and exit the market is good idea, especially in higher timeframe my friend
and i agree with you if this dump is a good opportunity for us to collect more ethereum or other good altcoins in good price

Emotional conditions of market participants drive the current market and the altcoins fall into the category of controlled by top cryptocurrencies. The alt season can be possible if the BTC can stay in the range of $16000-$18000 for a long time. Otherwise, the volatile BTC prices will not affect good to the market share of altcoins and the further fall will continue, from my experience. The prices will cool down sooner or later and traders can decide if they did the right trading decision or they get hyped after the market bull run without a single correction.

Yes bro, I know majority of the traders were expecting more bulls and more intense  moves before a big correction but it just happened now but keeping in mind the way these markets work i think this correction will prove to be healthy for the bulls later.

No need to panic mate, the occurrence of a dump in the market has become a natural thing, this is only a small correction. Try to see now that the market has started to improve again, in fact this is an opportunity for all of us to buy more because after a small correction the market will grow bigger.

You're not the only one who thinks that way. I also feel like the situation we had before in the year 2017 is exactly what is happening in the market right now. This drop may be because the price of bitcoin is started to crash, investors or the whales do actually sell their holdings to make their profit.

Yeah true we should be using this opportunity for buying it low which was not possible at the beginning of this week due to sudden pump but there are too many negative posts within last 24 hours but as you rightly mentioned it's just a small correction and market will continue with bull run. I have already invested in XLM which I really wanted to do 4 days ago but couldn't do as the price was almost doubled but this dump gave me an opportunity to do it now.

Whales definitely cashing out their money from the bitcoin. It's clearly stated that in some news if there were some whales who have been sending big chunk of bitcoin to the market a few days ago.
After the whales sending their money to the market and the crash was happening. i guess the flash dump by the whales have been making the market feel panic.
That's why the instant drop happened with altcoin too.

To understand this dump, we must know about the price correction of Bitcoin. Bitcoin price was stuck in the 12k, so before another pump Bitcoin must be stuck somewhere maybe 18k. You must be ready to see the dump price after a good pump like last month. The whole market was down, only one reason was Bitcoin correction time. We shouldn't forget that the last highest pump was 19k.

It looks like some people have used this correction as their chance to get cheap coins. The people who have bought it yesterday have already got decent profit.
The first wave of pump is still happening and the second wave will come soon. The big history of crypto will be repeating again.
People will be missing the opportunity to buy more.

I have seen many people start to panic in this market, i think this is just the process of adjusting the price of the whole market after increasing prices during the past time. Our main trend will still be the same, the bulls are still in progress, i think the real market boom will be around May-June, wait for it and never fomo the crowd to sell or buy any coin.

This may be a price adjustment for altcoin, many forecasts have been made that it may repeat the previous time of the market, this time i am really helpless because i have no money to buy altcoin, maybe what's going on is frightening the crowd, but if you've ever met this you will understand that this is just a price adjustment.

In the past time we have seen altcoins have gone up a lot, there are many projects that have gone up a lot during that time as XRP has risen more than 100% during that time, and now will be the period of correction again. I think the big pumps are still ahead, so there is no need to be alarmed by market downturns.

I see what happened is really not surprising, many people predict that there is a correction to the market, you also need to understand that the market has risen continuously after the DEFI trend and a lot of news good in time. The rebound is underway i think growth is next next.

Just because the market is showing signs of growth we can't conclude it is bullish. The market can move in unpredicted direction which is why cryptocurrencies are stated as high risk investment/assets. There is no big price move with altcoins during the beginning days of the recent bullish market making i

I think it is because the bitcoin price is down, making the altcoin market follow down. Although not all altcoin is down, we still see some altcoin still exist and have a green candle at the market. It is only a temporary correction because after this week, the crypto market will be back to increase, and the price will have a chance to break another high price. XRP and XLM have a good time a few days ago because the price can increase higher, and maybe those coins will have more chances to rise higher.

Because cryptocurrency prices are still very volatile, This is one of the reasons cryptocurrency prices are difficult to predict. With limited liquidity in the cryptocurrency market, price fluctuations occur very often. Just look a few days ago, the price of cryptocurrency has increased tremendously, so that makes some people assume the beautiful story of 2017 have repeated itself. But you don't worry about the current condition, the correction is only temporary, because the altcoin season has just started.

Even if you see 2017 bulls even during that we saw big dips on the way up so this time it is the same and do expect bullish trend to continue so dips and corrections do not really matter for long run.

The fall in altcoin prices because bitcoin prices are falling, you can see how the chart movement in the market, Altcoin prices always follow bitcoin price movements, if bitcoin price goes up, then the altcoin price also goes up, and vice versa. Be assured, after the correction occurs, the altcoin price will improve again, this is the perfect time to build your portfolio, prepare your goods before the ship sails.

The current dropping that we will now enter in bull market, actually it is just retracing and for me what's happening is still healthy. For me what's happening can be a reason why it is not always good to enter in cryptocurrencies, for sure that the people who bought at the recent peak are now incurring losses. Buying at dips maybe a good strategy as long as we have a proper planning where we are managing our risks very well. I want to see that the price will react and start increasing again.

Honestly, I didn't expect the price of bitcoin to fall this deep, is it still reasonable if it's just a price correction? because previously I thought bitcoin would not drop below $ 18k, But now it looks like it's going to go deeper.
Altcoins are also of course affected by the decline in bitcoin prices.

Yes the bitcoin's value has direct effect on the value of altcoins and that's probably the reason for slump in the value of altcoins as well and I feel Bitcoin will not go below $15,000 as it looks like a border of resistance and if it was really a correction then within weeks he value of Bitcoin should start increasing which will be a good news for both Bitcoin as well as altcoin holdlers since the growth of Bitcoin is directly proportional to pump in the value of altcoins.

Not only you most the people who invested in the value above 18000$ will not expected this to happened. And this sudden incident is the cause of many people lose their money after investment.But it may change at any time.Patience is a needed one in this altcoin investment while compared to bitcoin trading.

Due to the fall in bitcoin and Ethereum price, the altcoin market collapsed.So it may be a right time to buy a trusted altcoin at the cheap price as much you can.But you should not get into the selling of altcoin at this time.It will make you to lose a money.

MiningBattalion, you are absolutely right and this is what most people in the crypto investment dont understand instead of them to buy low now that the market have experienced market correction, they will be complaining on something that have already happen which cant be rectify.
With that been said, if you guys check the historical data of Bitcoin market when ATH is almost achieve market correction always happen for the last chance of buying low which is what we are see now.

If they didn't expect the correction to happen and that means if they are lack of knowledge about the crypto trade.
The previoud dump caused by the correction that has been made by the whale and it looks very good to see bitcoin can still stand above 17k position. if bitcoin can sustain in this level even longer and there are possibilities bitcoin could go even higher than before. The next pump will be started from the current rate.

yesterday I was surprised to see a trend that is changing so fast. but I realized that behind a high uptrend there would always be bubble breaking. but I believe the situation this time only happened because the Whales took profit in the market. look at me altcoins have started to go back up today, I hope this will continue until the new year.

Correction, my opinion is this reason. It is impossible that price up endless . it needs pull-back, and stabilization, for the next wave of pump storage. This story happen again and again, but what point correction, nobody knows.

you forgot that eth are also the leader of the alt bull that also happened to xrp and xlm  . waves are also trying to join the pump game because it was also spotted having a good gains but if its only a corection that is happening between these alts why other alts and toks are affected too ? the drop is not caused by btc either because that would be unfair that other cryptos will only follow the downward movement of btc but not its upward side . it could be the whales , they arent animal but they are like us humans that want to profit too

You are just looking  In comparison but what is a repeat?because in 2017 after halving the bull comes?but remember in 2017 that is the effect of 2016 halving meaning after a Year the value moves up.
But don't worry since the prices are still in good position then maybe this is some correction and just waiting for another start of climbing up.

Yes, the correction comes to the market, and that makes the altcoin market is following down. But these situations will change and the altcoin will have the time to back to increase. Maybe after this, we will see the altcoin season before the bitcoin price sky rocket, and if that really happens, we will make a profit from the altcoin, and we will make another profit from bitcoin. Just be patient for that time because it will happen soon.

This is what I have observed that some altcoins are in green marks. So in my opinion, there's a correction take place about the market declined. When you invest in the top alts for sure price could bounce, so for the mean time we could watch and observe the trends since it may possibly continue to increase the following days. Yes, some taking profit and buy back at their certain price goal. However, it is not new it just happen anytime price could decline and may go up.

The current situation of altcoin is follow the Bitcoin way, so once it will going moon automatically other altcoins are follow the way. Already we see number of pump and dump in the market, So we must wait for the next ATH in upcoming days. Today market is not bleeding so BTC is again wake up and runs in the green region. But still it is not start the race so we need patient for next hype.
https://www.coindesk.com/price/bitcoin
Most of the altcoins are follow the BTC market ratio, so If we monitor the live chart we will predict the next hype. I think next bull run is possible on next week, so again altcoins are going peak.

risk of being tempted to buy when prices are high. wrong strategy will make someone fall into panic. indeed although there is a possibility that bitcoin will touch the price of $ 20,000, it is still a prediction and who knows when. Just hope Bitcoin hits the new ATH soon, so those who buy it for $ 18,000 remain patient and don't panic easily. This correction is only temporary.

The correction comes to its end. The bitcoin started to surge again since yesterday. The stabilization of crypto market has come to its end too. More fund management platforms from US have bought more bitcoin again.
That started to bring the crypto users the hype again to pump bitcoin. There are bunch of good news come this day.
20k looks like to be achieved by bitcoin next week maybe.

It is volatile and risky and at the same time very rewarding as well. I am not sure if I would be capable of doing all the things I am doing right now without the knowledge that I have a decent stream of income and the amount of money I am using in the crypto world doesn't really change my life. If I was risking money I needed, I would have gone crazy with it for sure and that is why I haven't really done it with that kind of money.

Sometimes I deal like 50 dollars or so to small stuff for example, it doesn't really feel like I am risking anything major, it just feels like I am going for that "put 50 in, get 500 out" type of shooting for the starts type of situation and even if I end up wrong, all I can lose is 50 dollars which is not really that big of a deal.

Obviously once the Price of Bitcoin Drop the Altcoin will Follow because Investors are also Looking about the strength of The number 1 currency so If the value of BTC dropping mostly They full Out their funds also.

But This is normal in every Bull the Correction will happen because look at the market now while Bitcoin took the $18,000 Price again.
The Market is getting Greener again.

So bother no more instead Keep the Holding and mooning will come any sooner.

That's the normal trend of the market, we shouldn't be surprise with that.

I'm hoping the green market will continue, it falls hard so it will also bounce back hard.
However, I don't want to just follow the hype anyway as it could be a bull trap to entice people on buying coins again.


Sure, but if you hit the target, better start to dump, and accumulate again when it dip.

I feel the current market is very good, all green. This is good, since I haven't seen a situation like this in a long time. the last time I saw a situation like this was when bitcoin came back from a very deep crash.
I hope that altcoins can rise higher even though the dominance of bitcoin is very large. This will be very bad, if bitcoin dominance continues to increase. You can see yesterday when suddenly the market started to stop rising. in just a matter of hours all the coins on the market fell including bitcoin.

This is probably the most exciting time, for the last three years we did not came close to this one, where the all time high is within reach, it's like a roller coaster ride for all of us, we are excited then we are frustrated than Bitcoin momentum slowed down, but it's still a month and the excitement is still there, we are still going on a roller coaster, I just don't know if we end up on the top of the ride.

My opinion about the situation is the same as it was probably 5 years ago. I still think that there are some (few) decent altcoins that I should invest long term, and I should try to avoid selling them even if they break over the all time high price. That feels like the same thing today as well, now I am not so much against selling certain coins, I invest into some projects early on with a small amount of money and in return I end up with a small amount of profit and I sell them and put that money into the big dogs like btc and eth and wait for them long term.

The rest of the idea stands to this day, just find decent good high level coins and invest to it constantly and consistently in order to have a bigger and bigger portfolio in the long run which has worked so far fortunately.

Bitcoin seems trying to break free again, it's climbing fast, trading at $18700 now, and it could rise to $19k soon where it left out.
It will try to break $20k again, and if it surpass that price, the real bull run will start.

It's been a trouble breaking $20k, but let's see if this time bitcoin will succeed.

Still not expecting a new ATH this year, but the way I see, it made me believe that we are closer to that.

In my opinion, the current state of the altcoin market is still normal, even though many altcoins have decreased and increased ... for example, etherem has decreased a little, and XRP coins have experienced a slight increase, the rest is nothing striking about  the altcoin market, maybe this the time to buy coins that have the potential to invest,

I still believe in it a lot, I believe altcoin market with the increasing demand for the defi market, will continue to go up. The market found itself a method where people need to keep buying in order to keep profiting and also have a reason not to sell as well, those were the biggest reasons why prices usually went down a lot, but with the defi market now there are staking, liquidity providing, lending and many other stuff that makes people buy and use it, and also same reasons make people not sell and use it instead as well, which makes the prices very high.

This is the reason I honestly believe that there will be some sort of increase coming up, we have already seen most of them increase, but this will not stop since the money injection still continues to this day.

Yes, for sure. But the big change here could be that the price of Bitcoin will drop drastically as people who bought Bitcoin at $ 20,000 sold off in order to get their money back.
In investment, we can not be subjective and just look in one direction like that. We have to set up the most complete trading plan, we must put out the worst and best cases. When we have enough information and data, our trading plan will increase the win rate and your capital will also be safe if the market goes against it. Hopefully this knowledge can help make your trading strategy better buddy.

Some of the top altcoins following the bitcoin trend fluctuate even higher. Of course this results in bigger profits and losses in a short time. You should switch to day trading or scalping mode for now and don't forget to stop losing each of your trades in order to minimize big losses.
Also, avoid trading coins that have experienced a drastic pumping that is not reasonable due to hype because it can dump at any time while the bullish trend continues.

Basically it is a situation where the market is experiencing correction, because even the decline is not happening every day. But what is worrying is that those who buy at high prices then panic selling because of the sudden change in market situation. At least when the market situation is like that, then I think it would be better to continue to calm anyone you know not to lose through panic, because even though the market is very volatile but in the end a recovery will always happen.

yes, keep calm and stay cool, because now bitcoin show up its power again
and maybe this is the right time to collecting more good altcoins my friend, because in the near time all good and solid altcoins will follow the movements of bitcoin

Because those 2 coins have reasons why they were pumped last week until today, so there is nothing to be surprised about that.

I'm really interested to see what would happened in 2021 instead. With so many altcoins are going to get forked/upgraded later and that means there is a sign/signal for us to grab some coins whose having an upgrade. But be careful, just like you said there will be a correction on some coins and it will test your mental.

yes, i think 2021 will be the year of bitcoin and altcoins, especially for solid altcoins project such as ethereum and bnb
by the way, about the corrections, i think if the corrections is acceptable, wich mean do not go down hard, i think thats okay and not a big issue for me

Not all altcoins are created equal so expect only the top altcoins in the market to make a steady gain what happen in 2017 is not going to happen in the next all time high, only coins with pure potential are going to gain on this new all time high so watch and check what you are investing or you could be in a lot of losses.

I can say that the market is still in bullish state and for sure that there will be some altcoins out there that will have a strong rally or what they call going to the moon. The altcoin dominance is still the same because bitcoin is currently trending where its price doesn't yet exhausted and a lot of investors are focusing on bitcoin only but once the chart of the bitcoin become unhealthy, expect that there will some investors that will withdraw their money and re invest it in altcoin market that can cause to its dominance to go up. The altcoins are doing good especially the ETH where its price suddenly recover after it got bounce in its support. I'm currently focusing on ETH because of its current movement where there is something gonna be good that may happen.

You forgot to mention the Pump and Dump coins that can generate income also(for those in right timing because more will surely trapped)
But yeah not all coins can survive the market because of the competition and the demand.
But at least the altcoin season is starter by Defi coins in which makes a break this past months so the normal coins is also waiting for their time and if not this year then expect in 2021.

Todays altcoin market situation some are in uptrend but there's a time price declined. We can't really judge the market situation because of its volatility. So only those project with real use case the price may sustain in the market. There are so many predictions in this market situation so in my view alts season will happen for sure but we cannot tell when, probably next year hopefully.

Good thing is currently happening mate, what to expect next is the possible market declination as this was already a part of our historical breakthrough. We already encountered this price rapud increase and then market collapsed quickly after enormous growth outstandingly fulfilled. Bullish state is somewhat good to see for long term holders, but not amazing to those who still preferred to see btc at cheaper price due to their frustrations of failing to purchase while price was still inexpensive.

why we should stay away from crypto market meanwhile looks like allmost all investors confidence with current situation. isn't it good moment to invest again in crypto market especially bitcoin ethereum and ripple ?i do agree market was very volatile but its doesnt meant we must quit , this market will always have high volatility and its be our opportunity to earn profit.

The cryptocurrency market is always volatile, it is the special feature of this market that investors love this. Bitcoin and altcoin prices don't down too much, we don't need to lose our temper. Many of the market volatility in the past were more terrible, but investors still didn't stay away.

he didnt mean today but he mean the day when he open this topic  . todays market situation are now green compare to when the day he posted this thread and he was right that the crash didnt lasted for so long while you were also right , coins are not perfect like us .

 they have a special condition called volatility but who make the volatility happen ? its still the people the manipulators . good coins or coins with good use are still dumping sometimes but they can recover compare to really bad coins .

People need to understand this, there is time for Bitcoin because BTC is in the class of its own and there is a reason why it has more than 60% of the whole marketcap, the time for Altcoins to pump is coming and those Altcoins that will first pump are the Blue chip Altcoins before the profit start trickling down to other Altcoins lower in the marketcap

That's really good insights man, but somehow let's realize not all of the altcoins will resurrect, it's because most of them was already dead. I remembered holding one of that ico project two years ago, and now it's out of the limelight which I think really disgusting to see. Through there's some of them starts to wake up and ready for another altcoins green days just like before, we still need to be careful on our choices to which of them can provide us better future.

It was market correction that took place, even till now once Bitcoin is at $19k region it will dump again before gathering momentum to shot up again, therefore with the little study of the market it is evident enough the market this time around is different from that of 2017. Also, another reason which made me have the thoughts that the market is working differently from that of 2017 is the fact that, from all angles Bitcoin is being invested on hugely by big institutional investors and it looks like the attention from that angle is still much around. Lastly, with further adoption from many platforms Bitcoin will continue its growth and the price it will reach cannot be speculated by anyone.

Bitcoin prepared for another pattern. Then again, it could likewise be that what sort of occurs towards the year's end is going to occur, that is, dump on the lookout or it very well may be much more. I may ask must it he hypothesis, is there no - this is the straight out purpose behind the cost increment or not. Is crypto-coin above rationales in getting genuine/straight-out response to it cost.

There are only 50-50 chance for our shitcoin holdings would really neither becomes alive or would be totally dead forever.We know that majority of them are shit
but we do have that kind of hopes in mind that they might really be resurrected one day and make tons of money if thats the case.
When it comes to altcoin market then its up to someones choice if he can risk up or not because we are already fully aware on how these alts can potentially
go and its up to you wether you do hold or not basing into your own jurisdiction and choice.

Individuals need to get this, there is the ideal opportunity for Bitcoin on the grounds that BTC is in a class and there is a motivation behind why it has over 60% of the entire marketcap, the ideal opportunity for Altcoins to siphon is coming and those Altcoins that will initially siphon are the Blue chip Altcoins before the benefit begin streaming down to other Altcoins lower in the marketcap.

Altcoins history helped the cryptocurrency boom during the time of bullrun, I wondered why bigger investors leave the best projects who been booming all those times. There could be a discreet reason for everything, and we'll find it sooner how come altcoins marketcap have lowered. This might be so interesting to find out, since most people technically waited for perfect time of altcoins to initiate.

The altcoin market currently doesn't look good to pump,
because everything is still focused on the increase in the price of Bitcoin,
that's only natural, because new ath has been reached, and maybe this won't just end,
there will be another wave of pumping I'm sure that.

Its not a mandatory thing for them to stick out into those altcoins because whenever where they do saw the opportunity on making money then they wont really be
remain on a certain spot for too long.They would definitely switching off market if they liked to.

Regarding on altcoin market then its obvious that people are focusing now in Bitcoin market which its normal to see reds or sideways in alts because people do tend
to get engage into the other side on where volatility is much more presence.

Its up to them as long they do make money then it doesnt matter what market they are involved on.

^Bitcoin price obviously attracted a lot of people I am not going to deny that, but look at altcoins, they are not stopping at their own place neither. Most of them even have a higher return than bitcoin itself as well, at least in dollar price that is.

I believe people will move to altcoins very soon because bitcoin will tap out and can't go up, but this doesn't mean that alts didn't earned people some money neither, which means there could be a situation where bitcoin will hit peak price and can't move higher but alts also hits the peak and can't move any higher around the same time as well. Obviously this is crypto world and we do not know what could happen, but that is a possibility that we need to consider when we are investing or trading in crypto world.

Of course altcoins are down because bitcoin is undergoing a correction, although bitcoin is only correcting a little but it really affects a lot of altcoins. And this is quite natural because we are at the end of the year. Hopefully the market conditions earlier in the year will bring altcoins flying.

It would be good if the history will repeat as 2017 where the altcoins pumping but this time is different I don't know if we can see it again the bullish of the altcoins because currently the prices of the altcoins were falling down. Maybe people were starting to cashing out for the Christmas day.

This is indeed the dump the whale played with back in November, but that's a good point of the token's upward move this month. so they seemed to lower the price then pumped strongly upwards until it is today. that's the real situation in trading you have to be smart in observing the real situation

The current situation is very good, I like this situation. I get profit every time I trade, this is the situation all crypto traders are waiting for the most. altcoin and bitcoin can go hand in hand, hopefully this positive trend will not end soon. I hope all the altcoins can break the ATH in the new year. it would be sweet, if it came true.

It very well may be whales changing out subsequent to having a field day with the market, wherein numerous individuals were considering Bitcoin developing more or it very well may be a remedy occurring and preparing Bitcoin for another pattern. Cause crypto doesn't show the upper pattern for such a long time. Presently there are two prospects, the cost may stay at this stage without much up down development and will show another upward move following not many days.

yeah it's really profitable to trade for short term right now, making profit off margin since the prince seems like doesn't move that much but occasional dumping is there, just how we control our emotion when the dumps happening or we missed the buying train.
Moreover the alts like ETH more specifically XRP, everyone could make profit off its hype where they announce airdrop and dump when people buying.

If you look at the new projects, the ones that basically give insane returns for liquidity providing and staking, you could find that there are pools that pay insane returns and that is definitely unsustainable if you ask me but they do that anyway.

Obviously math goes like this (which should sound impossible but somehow turns out possible) You put in 2 bnb, which is around 50 dollars, and you do not "spend" your 2 bnb, you just let them use it, basically rent your 2 bnb, and in return you mine about 10 dollar worth every day, which means in day 5 you will make it all back, but you make that 10 dollar from this new token, that token could crash and worth 10% what it used to be, meaning you could make 1 dollar per day, still not bad of course, but it could also crash to 1 cent as well.

So, basically it all depends on the price of the token you are "mining" with your bnb but the good part is, you do not spend anything for this.

I hope so and it looks like grayscale was buying more and more bitcoin. A few hundred million dollars have been used by grayscale to buy more bitcoin recently. It looks like the bullish trend will still happening.
I may predict the bearish trend for crypto will come in the middle quarter of next year.
This time looks a good time to prepare our portfolios to be sold at ATH