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Author Topic: People selling alts to go back in BTC  (Read 8272 times)
grandy
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April 15, 2017, 12:57:08 PM
 #121

Because some of alts is depending on the bitcoin price when the bitcoin price is decreasing alt price will be increase rapidly when they already saw that bitcoin price is pumped they will sold their alts to be sure that they will still earned profit.  And if im going to choose which coins i will be choosing i'll always choose bitcoin.

Choice is upto yours. Even altcoins may increase in price within some years but not compare to bitcoins however you may get the profit by that if you are a long term bitcoin holder stick to bitcoin itself. Sure you will be a millionaire within 10 years, It may 10000$ worth at that time.
yes that is right that there are also good potential alt coins whose prices are also expected to increase too much in a short period of time, but still i will like to say that bitcoin is more reliable than any other alt coin therefore we  can trust more on bitcoin than any other alt coin. therefore i think it is more better to invest in bitcoin rather than any other alt coin and specially when the rice of bitcoin is also expecting to increase more and more.
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April 15, 2017, 01:19:09 PM
 #122

Because some of alts is depending on the bitcoin price when the bitcoin price is decreasing alt price will be increase rapidly when they already saw that bitcoin price is pumped they will sold their alts to be sure that they will still earned profit.  And if im going to choose which coins i will be choosing i'll always choose bitcoin.

Choice is upto yours. Even altcoins may increase in price within some years but not compare to bitcoins however you may get the profit by that if you are a long term bitcoin holder stick to bitcoin itself. Sure you will be a millionaire within 10 years, It may 10000$ worth at that time.
yes that is right that there are also good potential alt coins whose prices are also expected to increase too much in a short period of time, but still i will like to say that bitcoin is more reliable than any other alt coin therefore we  can trust more on bitcoin than any other alt coin. therefore i think it is more better to invest in bitcoin rather than any other alt coin and specially when the rice of bitcoin is also expecting to increase more and more.
I prefer trading altcoin than trading Bitcoin, and I wouldn't move my altcoin balance to Bitcoin.
Because I see the price movement of altcoin is faster than price movement of Bitcoin. So by trading
altcoin we will quickly get the money. Of course it must be a great and profitable coin.
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April 15, 2017, 01:26:39 PM
 #123

Because some of alts is depending on the bitcoin price when the bitcoin price is decreasing alt price will be increase rapidly when they already saw that bitcoin price is pumped they will sold their alts to be sure that they will still earned profit.  And if im going to choose which coins i will be choosing i'll always choose bitcoin.

Choice is upto yours. Even altcoins may increase in price within some years but not compare to bitcoins however you may get the profit by that if you are a long term bitcoin holder stick to bitcoin itself. Sure you will be a millionaire within 10 years, It may 10000$ worth at that time.
yes that is right that there are also good potential alt coins whose prices are also expected to increase too much in a short period of time, but still i will like to say that bitcoin is more reliable than any other alt coin therefore we  can trust more on bitcoin than any other alt coin. therefore i think it is more better to invest in bitcoin rather than any other alt coin and specially when the rice of bitcoin is also expecting to increase more and more.
I prefer trading altcoin than trading Bitcoin, and I wouldn't move my altcoin balance to Bitcoin.
Because I see the price movement of altcoin is faster than price movement of Bitcoin. So by trading
altcoin we will quickly get the money. Of course it must be a great and profitable coin.
Correct that is also whatvi am doing, i stay to trade in altcoin than bitcoin,
Bitcoin trading is profitable but you can only earn small money while in altcoin you can maximize you earning because value is extreamly increasing but it is much higher risk.

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April 15, 2017, 01:35:25 PM
 #124

Well altcoins were always safe haven for short time if btc slows,
but I think that some alts are really alts that people will keep supporting, wont get affected by btc, like ethereum.
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April 15, 2017, 01:45:36 PM
 #125

Yep, most people who invest in alts only do so to be able to use them on a pump to then sell & increase their bitcoin stash.
that's right im thinking the same way that's how people doing their job in bitcoin. they make trade in alts and then after some pumping they're gonna sell it and invest in bitcoin . but I'm almost 4 years in bitcoin still i don't know how to be a trader. im always onto investing and i like to be a traders some day but there's a lot of method i must do . because being a traders is risky and so the investing also but id like to learn trading someday.
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April 15, 2017, 03:50:33 PM
 #126

Well altcoins were always safe haven for short time if btc slows,
but I think that some alts are really alts that people will keep supporting, wont get affected by btc, like ethereum.

Remember if ethereum already included on the major altcoin which it has a big community behind it.

The price of ethere always get an effect for the bitcoin trend, while the bitcoin goes to the bullish and ethereum will be bearish in the future.

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April 15, 2017, 03:57:34 PM
 #127

Well altcoins were always safe haven for short time if btc slows,
but I think that some alts are really alts that people will keep supporting, wont get affected by btc, like ethereum.
indeed, there's some alts which really working a part from btc as we knew that they played some roles coming out from
btc, alts like eth,xmr,xrp are coins which also working in progress even btc is rising back they can manage to keep
their value moving as well together with btc.

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April 15, 2017, 04:29:49 PM
 #128

Because some of alts is depending on the bitcoin price when the bitcoin price is decreasing alt price will be increase rapidly when they already saw that bitcoin price is pumped they will sold their alts to be sure that they will still earned profit.  And if im going to choose which coins i will be choosing i'll always choose bitcoin.

Choice is upto yours. Even altcoins may increase in price within some years but not compare to bitcoins however you may get the profit by that if you are a long term bitcoin holder stick to bitcoin itself. Sure you will be a millionaire within 10 years, It may 10000$ worth at that time.
yes that is right that there are also good potential alt coins whose prices are also expected to increase too much in a short period of time, but still i will like to say that bitcoin is more reliable than any other alt coin therefore we  can trust more on bitcoin than any other alt coin. therefore i think it is more better to invest in bitcoin rather than any other alt coin and specially when the rice of bitcoin is also expecting to increase more and more.
I prefer trading altcoin than trading Bitcoin, and I wouldn't move my altcoin balance to Bitcoin.
Because I see the price movement of altcoin is faster than price movement of Bitcoin. So by trading
altcoin we will quickly get the money. Of course it must be a great and profitable coin.

You can read your statement also like this.
Because the price movement of altcoin is so fast it means I can lose my money twice as fast as by trading bitcoins.

The part about "great" is funny but "profitable" only means you;re buying before the pump and dump it at the top.
Nothing , absolutely nothing different than what you;re supposed to do while trading bitcoin, oil, gold, shares...Smiley.



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April 16, 2017, 03:20:32 AM
 #129

Well altcoins were always safe haven for short time if btc slows,
but I think that some alts are really alts that people will keep supporting, wont get affected by btc, like ethereum.
indeed, there's some alts which really working a part from btc as we knew that they played some roles coming out from
btc, alts like eth,xmr,xrp are coins which also working in progress even btc is rising back they can manage to keep
their value moving as well together with btc.

none of these coins are moving with bitcoin, they are actually moving in the opposite direction. go fetch both the charts for each of these coins and bitcoin chart and put them on top of each other with same dates and you will see.

as soon as bitcoin price rises all of these altcoins are getting dumped down to nothing.

Buying the dip...
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April 16, 2017, 03:49:51 AM
 #130

Of course they did, bcs they see that the price of BTC is more stable and every day is more higher than the previous day. Nobody won't to risk his money, and they know that btc is more credible than the other alts.
Bitcoin has become more stable than it used to be without a doubt and with more users it is difficult to manipulate the price like the did in the past and so is the reason we are seeing a stable price,but still if you are seeing a good alt with a good entry point it is always good to make some good money with it as you can see a pump almost everyday in the alt coin market.
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April 16, 2017, 04:51:19 AM
 #131

Of course they did, bcs they see that the price of BTC is more stable and every day is more higher than the previous day. Nobody won't to risk his money, and they know that btc is more credible than the other alts.
Bitcoin has become more stable than it used to be without a doubt and with more users it is difficult to manipulate the price like the did in the past and so is the reason we are seeing a stable price,but still if you are seeing a good alt with a good entry point it is always good to make some good money with it as you can see a pump almost everyday in the alt coin market.
The price of Bitcoin I think never be stable, we can see that in last week or last month
that the price will be down and rising fast, it's because the price of Bitcoin always be volatile.
IMO The people sellings altcoin and go back in Bitcoin just for long term investment.
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April 16, 2017, 11:51:25 AM
 #132

Bitcoin is the best crypto currency for today, all the others are just its shadows and are only able to increase profits for a while.
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April 16, 2017, 01:40:07 PM
 #133

Well altcoins were always safe haven for short time if btc slows,
but I think that some alts are really alts that people will keep supporting, wont get affected by btc, like ethereum.
indeed, there's some alts which really working a part from btc as we knew that they played some roles coming out from
btc, alts like eth,xmr,xrp are coins which also working in progress even btc is rising back they can manage to keep
their value moving as well together with btc.

none of these coins are moving with bitcoin, they are actually moving in the opposite direction. go fetch both the charts for each of these coins and bitcoin chart and put them on top of each other with same dates and you will see.

as soon as bitcoin price rises all of these altcoins are getting dumped down to nothing.
I do not think they will survive till then because people will start forgetting them when they will find another altcoins with some new promises but bitcoin will stay strong always to challenge any altcoin.

Back to topic, I do hear now crypto users are moving on both the directions, but I am very much sure people who are leaving off bitcoin for entering altcoin will regret similar to how early adopters were regretting for missing opportunities.
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April 16, 2017, 02:36:54 PM
 #134

Of course they did, bcs they see that the price of BTC is more stable and every day is more higher than the previous day. Nobody won't to risk his money, and they know that btc is more credible than the other alts.
Bitcoin has become more stable than it used to be without a doubt and with more users it is difficult to manipulate the price like the did in the past and so is the reason we are seeing a stable price,but still if you are seeing a good alt with a good entry point it is always good to make some good money with it as you can see a pump almost everyday in the alt coin market.
The price of Bitcoin I think never be stable, we can see that in last week or last month
that the price will be down and rising fast, it's because the price of Bitcoin always be volatile.
IMO The people sellings altcoin and go back in Bitcoin just for long term investment.
Bitcoin is less volatile than the altcoins. Altcoins are highly volatile, which didn't get more attraction from large number of users. It is just used as a profit making token. Recently very few altcoins grow high and soon after this lot of bitcoin users moved to altcoins expecting profit and once again seeing the bitcoin price increasing started coming back.

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April 16, 2017, 03:14:05 PM
 #135


Bitcoin is less volatile than the altcoins. Altcoins are highly volatile, which didn't get more attraction from large number of users. It is just used as a profit making token. Recently very few altcoins grow high and soon after this lot of bitcoin users moved to altcoins expecting profit and once again seeing the bitcoin price increasing started coming back.

Compare back then when bitcoins are not much distributed to different persons globally, this time is different and yes we can say that bitcoin today are less volatile. We can see and noticed that when there is an ongoing attempt to make the bitcoin price decrease. Somehow there are lots of times now that bitcoin withstand the deepest price low even the FUD was a major one.

Yes when there is a crazy movement on some of the alts, most traders taking advantage on it to make profit in the first place but it doesn't mean they will put their money in that coin for long term purposes. Still bitcoin is the one they preferred mostly in terms of long term investment. That's we called taking chances of every opportunity to earned a decent one.

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April 16, 2017, 03:39:18 PM
 #136

they're doing it because they know that the price of bitcoin will pump anytime soon ive been selling my doge coins and investing all the money in bitcoin right now seems a good choice since this topic is started i read some facts that i know so thats the reason why im selling my altcoin and investing again in bitcoin . they're both cryptocurrency but dogecoin is much cheaper than bitcoin.
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April 16, 2017, 03:51:19 PM
 #137

they're doing it because they know that the price of bitcoin will pump anytime soon ive been selling my doge coins and investing all the money in bitcoin right now seems a good choice since this topic is started i read some facts that i know so thats the reason why im selling my altcoin and investing again in bitcoin . they're both cryptocurrency but dogecoin is much cheaper than bitcoin.
btc has no reason to pump mr permabull lol. It will only pump when scaling is solved. Not because of some people like to. Btc need to be "fixed" first.
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April 16, 2017, 03:58:02 PM
 #138

they're doing it because they know that the price of bitcoin will pump anytime soon ive been selling my doge coins and investing all the money in bitcoin right now seems a good choice since this topic is started i read some facts that i know so thats the reason why im selling my altcoin and investing again in bitcoin . they're both cryptocurrency but dogecoin is much cheaper than bitcoin.
btc has no reason to pump mr permabull lol. It will only pump when scaling is solved. Not because of some people like to. Btc need to be "fixed" first.

That's the hard reality that people don't see, or don't want to see (not sure what is worse). Short term wise it means that we shouldn't expect any significant increase from current levels. I point more chances towards the price to go down, than the price to go up due to all the uncertainties around the potential hard fork. It's rare nowadays to find people with a realistic mindset here. Most people here are just dreaming away ignoring reality....
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April 16, 2017, 04:19:09 PM
 #139

they're doing it because they know that the price of bitcoin will pump anytime soon ive been selling my doge coins and investing all the money in bitcoin right now seems a good choice since this topic is started i read some facts that i know so thats the reason why im selling my altcoin and investing again in bitcoin . they're both cryptocurrency but dogecoin is much cheaper than bitcoin.
btc has no reason to pump mr permabull lol. It will only pump when scaling is solved. Not because of some people like to. Btc need to be "fixed" first.

That's the hard reality that people don't see, or don't want to see (not sure what is worse). Short term wise it means that we shouldn't expect any significant increase from current levels. I point more chances towards the price to go down, than the price to go up due to all the uncertainties around the potential hard fork. It's rare nowadays to find people with a realistic mindset here. Most people here are just dreaming away ignoring reality....
True. I think almost 95% of the people here are permabulls or 500k believers. I really fear for the day that those people start to dump because they face reality. To reach 95% for SegWit will take at least till the end of the year. The price will likely plumb or stagnate. We also need to be aware that not so many people here are objective. Permabulls want btc to go up because they only hold. Same for people with btc casino's, or btc magazines, btc mixers and I could go on.
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April 16, 2017, 06:38:30 PM
 #140

It looks like to me that bitcoin and altcoins (top 5 ) are organs of a same body or better put it this way as their marketcaps are in sync and they share their marketcap like when BTC drops ETH and DASH/ MONERO and others increase as well but recently some whales went on ETH full frenzy simply by changing hands giving their bitcoins in exchange for ETH but then when ETH started to rise the same people now were holding bitcoins panicked and because of FOMO they went back into buying those ETH tokens and got literally manipulated by BTC whales and further in the road some people started to invest their fiat into ETH/ DASH and artificially pumped air into the bubble.

I mean damn these bitcoin whales arer smart eh?
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