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Author Topic: Strange - BTC Bull run but Alt portfolio not in deep RED  (Read 586 times)
arpon11
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November 29, 2017, 08:48:25 PM
 #21

This is the way cryptocurrencies markets has been behaving before the last hardfork issue upset the whole system. Before when bitcoin is going up it carry other alternative coins along but then traders were dumping the altcoins to bitcoin in other to get free coins that will come out of the splitting coin. But now I think everything has reset itself as it seeing bitcoin is now carry everything along in its upward movement.
profit-shooter
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November 29, 2017, 08:54:18 PM
 #22

Now BTC is bear run and Alts wend down a little bit, but I don`t think this will last long, soon soon altcoins will show much better result when start rising 100,200,300 and more %. So I just hold them.
wuclx
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November 29, 2017, 09:02:10 PM
 #23

Everyone HLOD.
Correction was expected and will be sustained.


Don't believe a word of what this creature babbles.
bandar
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November 29, 2017, 09:31:03 PM
 #24

Everyone HLOD.
Correction was expected and will be sustained.


Don't believe a word of what this creature babbles.

Lol, no of course not.  But that will be the word on the streets "well I heard them were gonna ban bitcoin so I'm out". 
cau (OP)
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November 30, 2017, 02:56:22 AM
 #25

Well a great drama, which took a good hit on Alt as well.... Moron (BTC) recovered but not the poor chickens Sad
artmen007
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November 30, 2017, 03:45:05 AM
 #26

Anyway the sun is now the money goes to the top 20 projects. The rest only a single case to grow. So far all altcoins depend on the mood of BITCOIN. Altcoins and so at the very bottom, nowhere to fall. Some of the portfolio still falls to the bottom. Spectr RAIN just to the bottom leaves. I want bitcoin for a couple of months slowed down and gave money to other people in Altcoin

High risk high payoff
topesis
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November 30, 2017, 09:01:32 PM
 #27

I think those dumping their tokens for Bitcoin are out of the market, only those holding long term remains, the price of BTC is up because institutional money is entering the space in anticipation for the coming Bitcoin futures in December
johnywalkerrr
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November 30, 2017, 09:11:41 PM
 #28

I noticed a strange stuff in my altcoin portfolio, though BTC jumped from 7K to 11K very quickly my alt coin portfolio has not taken much beating with this rise. Few % loses in sats and big increase in USD.

This was not the case with other BTC bull runs, usually money spins between BTC and Altcoin.

My inferences wiht this situation -

1) Volume should be too low, so there was no big impact to many altcoins.
2) I chose very strong coins  Grin Grin
3) Huge new money got pumped into market in last 10 days
You are very lucky because my portfolio dropped very hard
Silberman
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November 30, 2017, 11:17:47 PM
 #29

I noticed a strange stuff in my altcoin portfolio, though BTC jumped from 7K to 11K very quickly my alt coin portfolio has not taken much beating with this rise. Few % loses in sats and big increase in USD.

This was not the case with other BTC bull runs, usually money spins between BTC and Altcoin.

My inferences wiht this situation -

1) Volume should be too low, so there was no big impact to many altcoins.
2) I chose very strong coins  Grin Grin
3) Huge new money got pumped into market in last 10 days
Number 3 is the correct one, many people are seeing the same effect, so you are not the only one, so we cannot assume that everyone choose strong coins to invest, so what this means is that new money is entering the market and this is just the beginning since the new money was not supposed to enter the market until mid December so get ready to see everything on green in a few weeks.
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