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Author Topic: Bitcoin up altcoin dump  (Read 5164 times)
deddod (OP)
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May 25, 2017, 05:14:55 PM
 #1

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh

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May 25, 2017, 05:29:35 PM
 #2

Whenever bitcoin price goes up it is for sure that it will affect altcoin in opposite way. What it means is altcoin will loose value dramatically because they become more costly to buy and you will loose profit in the process. So you better sell them immediately when the bitcoin jumps too high. Also, make a note that bitcoin may not remain that high for long. So you may wait.
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May 25, 2017, 06:16:45 PM
 #3

Whatever the price of BTC i think the majority of BTC is to hold. not trade for anything. the part of it that i choose to trade i do it for altcoins i believe do minimize the risk of holding worthless bags.

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May 25, 2017, 08:33:17 PM
 #4

I think you should hold onto your btc if you have any. Maybe liquidate a portion of your holdings if you're scared of a sudden dump. You definitely don't want to miss the next big pump
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May 25, 2017, 08:39:03 PM
 #5

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh
Yes, bitcoin is being pumb now to touch $3,000. All the altcoins seen to facing down wards today and I think this will create another opportunity to buy them. This week I make alot from lisk, litecoin and round. Now those currencies seen to be dropping and I think this is the best time to buy those coins against as in few moments from now those coins will be in green.
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May 25, 2017, 11:05:57 PM
Last edit: May 28, 2017, 01:29:14 AM by ArnoldChippy
 #6

Whenever bitcoin price goes up it is for sure that it will affect altcoin in opposite way. What it means is altcoin will loose value dramatically because they become more costly to buy and you will loose profit in the process. So you better sell them immediately when the bitcoin jumps too high. Also, make a note that bitcoin may not remain that high for long. So you may wait.
actually most of the people are focusing on bitcoin because the price of bitcoin in continuously increasing, and people are holding bitcoin and not going to sell it. when the price of bitcoin will become stable then people will start investing their bitcoin in alt coins, but currently the price of bitcoin is trading very unstable, it is expected that the price of  bitcoin will cross 5000 USD  level at the end of 2017.

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May 25, 2017, 11:11:02 PM
 #7

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh
It's a good time to accumulate for buy more cheap altcoin which means you will be able to buy and hold altcoin to get a decent profit in the future.
Never sold your bitcoin if you have seen the potentially of your bitcoin to growing more.
My advice to buy some of the altcoins on the bottom and just move them into your safe wallet and just be patience until the pump of altcoin will come.


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May 25, 2017, 11:32:38 PM
 #8

We should see some correction once in a while,you really cannot see a bull market all the time,you are bound to have corrections once in a while,so expect those things too when you are investing,if you have invested in good alts then it will eventually bounce back.
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May 25, 2017, 11:40:49 PM
 #9

It's happening as many have predicted, and it will not be much of a surprise to those who actually researched before investing. If you notice the sum of all market capitalizations, you'll see that the alts market cap has more than doubled in recent months, and we know that nothing goes up forever.

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May 26, 2017, 01:04:44 AM
 #10

This is a common and reasonable thing in the trading world. When bitcoin price increases, altcoin price will decrease. Only altcoins that have strength alone will not experience a great decline. We can see last night the decline in altcoin prices on average reaches 30%. This is certainly a loss felt by altcoin traders, they experience a tremendous panic. For those who can withstand the patience then they will be more fortunate to survive this altcoin crisis.
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May 26, 2017, 01:37:47 AM
 #11

Bitcoin price i being corrected right now. So expect some altcoin pump this time. I bought some XRP(ripple) because it reaches its highest marketcap. I believe it could double or even triple its price. Bitcoin pump and altcoin dump is really normal. That's the good time to buy cheaper coins.
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May 26, 2017, 03:25:06 AM
 #12

For me only If bitcoin pump I see the altcoin pump also like ethereum , ltc, dash and also doge will increase. Other people said tif the bitcoin pump the altcoin  dump. Its up youi if you sell your bitcoin or not its up to you if you sell your altcoin or not. If you  see price is good sell it try to calculate and if you see you earn profit sell it but if you see your profit is little only hold it and wait the price to increase more. The increasing of bitcoin and altcopoin is the demand of the market .

 
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May 26, 2017, 03:57:39 AM
 #13

Maybe right now right time to earn profits through altcoin trading,
certainly with bold speculation sell bitcoin and trade with some altcoin that has good potential in the market.
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May 26, 2017, 04:26:44 AM
 #14

Not many people know or care to notice how these dumps are necessary, if every body were to only buy and hold then from where you could earn a profit and find cheap coins?
If only every body played along and paid their fair share by selling and then later buying again, if all of us stop buying back or stop dumping then it will become a ponzi, only a few cashing out big and never buy back to support others.
Dumps are imperative to the ecosystem and without them there would be no market, remember if people were only to trade an apple for an orange all the times then every body would've started to plant the easiest tree to grow since they could give one to receive one of another.
I am aware of the fact when you see price going down you get disappointed but it's because you as an individual are small with limited fund and are unable to buy all the dumps at once and then keep them to see if others will sell to you or not.
Imagine if you could buy all of the Bitcoins in circulation and hold, then people would be standing alone with no coin.

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May 26, 2017, 04:31:44 AM
 #15

I choose to sell 50% bitcoin for altcoin with low price for investment, of course, stay with my analyze about price action. This is a good time to collect some altcoin like xrm/ xrp because the price go down. Hope next year will up so I can raise good profit, simple explaining is bitcoin not always up somehow it will go down. It's risky but worth for me because altcoin can become shitcoin. Just prepare when bitcoin down altcoin dump. Have a nice day.

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May 26, 2017, 05:14:48 AM
 #16

I choose to sell 50% bitcoin for altcoin with low price for investment, of course, stay with my analyze about price action. This is a good time to collect some altcoin like xrm/ xrp because the price go down. Hope next year will up so I can raise good profit, simple explaining is bitcoin not always up somehow it will go down. It's risky but worth for me because altcoin can become shitcoin. Just prepare when bitcoin down altcoin dump. Have a nice day.
The bitcoin is start pumping again, By the way that is a good strategy because after that I am sure that the price of altcoins will pump because of that dump and also the bitcoin price will not be stable in pump so after it reach the pick price and then dump the altcoins will pump and that means profit.



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joromz1226
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May 26, 2017, 05:46:45 AM
 #17

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh
Most of the time when bitcoin goes up most of the altcoins goes down, but some altcoin remain at ease to their price value like Eth, Ltc, Xmr, and others.  consequently, still majority of the altcoins really goes down the good time to buy the value and that's the right time to buy of those altcoins dropped the price.
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May 26, 2017, 05:51:16 AM
 #18

Bitcoin price i being corrected right now. So expect some altcoin pump this time. I bought some XRP(ripple) because it reaches its highest marketcap. I believe it could double or even triple its price. Bitcoin pump and altcoin dump is really normal. That's the good time to buy cheaper coins.
I don't know really what's indicator to predict bitcoin-altcoins price.
I can assume with your opinion above that when a certain altcoin hit the highest marketcap it could be one of many indicator to expect the price will skyrocketing right?
Let's see what will happened , current market situation is really interesting isn't it?
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May 26, 2017, 06:07:39 AM
 #19

Bitcoin price i being corrected right now. So expect some altcoin pump this time. I bought some XRP(ripple) because it reaches its highest marketcap. I believe it could double or even triple its price. Bitcoin pump and altcoin dump is really normal. That's the good time to buy cheaper coins.
I don't know really what's indicator to predict bitcoin-altcoins price.
I can assume with your opinion above that when a certain altcoin hit the highest marketcap it could be one of many indicator to expect the price will skyrocketing right?
Let's see what will happened , current market situation is really interesting isn't it?
Highest market cap is a clear indication of happening of high manipulation especially in altcoin markets hence it will not be an assurances we are going to see continuous pumping for skyrocketing. It happened many times and I did see many traders did get trapped. Being just a watcher is really more interesting in these high volatile markets.

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh
There is no clear strategy on these as of now. If you have asked me some 3 months back, I would have suggested you to go for selling altcoins when bitcoin is on up surge. But now a days altcoin markets got their specialized traders to keep their levels intact regardless of where bitcoin prices are trading.

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May 26, 2017, 06:30:27 AM
 #20

When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh
Good question. Actually it's depends from each person to choose he want do what or maybe both. When bitcoin price rising like yesterday, almost all altcoins falling and that was the best time to buy more altcoins, but in other hands, bitcoin price also rising so sky high (almost doubled than 1 month ago).
I did both yesterday, bought some altcoins and also sold some of my bitcoin
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