Bitcoin up altcoin dump

[lilit]

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

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

Why are you in such a hurry to earn money. Can better wait for a real increase in the price of bitcoin?

[numanoid]

Why are you in such a hurry to earn money. Can better wait for a real increase in the price of bitcoin?

I didn't in hurry to earn money, i just saw if that was the best time to sell some of my bitcoins because it's looks like the peak of bitcoin price.
Luckily for me because i did that, but too late for you (actually your patience) because the price already falling down from $2650 into $1800 now, What will do you right now? Holding your bitcoins and wait until it reached $5000, $10,000, or $100,000 which we never know it will happens or not?

[senyorito123]

Why are you in such a hurry to earn money. Can better wait for a real increase in the price of bitcoin?

I didn't in hurry to earn money, i just saw if that was the best time to sell some of my bitcoins because it's looks like the peak of bitcoin price.
Luckily for me because i did that, but too late for you (actually your patience) because the price already falling down from $2650 into $1800 now, What will do you right now? Holding your bitcoins and wait until it reached $5000, $10,000, or $100,000 which we never know it will happens or not?

For me I quitely earn a lot by doing some margin trading on bitcoins and quitely im waiting for another drop to buy again and wait for another bubble since i have a good feelings that bitcoins will bounce back again after this little correction happening unto it. And maybe as you said price would go for that and it is just regaining its momentum to go burst again in near future.

[eaLiTy]

For me I quitely earn a lot by doing some margin trading on bitcoins and quitely im waiting for another drop to buy again and wait for another bubble since i have a good feelings that bitcoins will bounce back again after this little correction happening unto it. And maybe as you said price would go for that and it is just regaining its momentum to go burst again in near future.

I had a bad time today with the correction and good that you anticipated the correction exactly. The wait time is to be determined only after the level of fall is completed and i am waiting for a good entry time and i had to sell off some coins at a loss when the correction started and hopefully i could re enter at a good price and level my loss at a later time.

[xhienigat]

Before when the BTC price goes up the altcoin goes down but now that doesn't apply anymore. If you could see in some trading sites recently when BTC's price went down for like $400 or so the altcoins price didn't actually pump. So basically what happened now is that all of the altcoins prices went halfway down and are having a hard time pumping it. I think now is the best time to buy altcoins but you have to choose the right coins to invest your money on.

[Eclipse26]

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

It can not be told as market is unpredictable. It's better to see the result of segwit actvation by this september that it could cause bitcoin to hit $3000-$4000 for its price.

[Skarner21]

I think for now both bitcoin and altcoin decreasing expecting people to increase back again high..
We experience of huge price drop just for 1 day.
But there are other altcoin are still increasing these days..

[neuralstar]

I think the drop is just a bunch of people taking profit. they are going to lose out on the next big pump in altcoin. There are altcoins that are going up still beacuse the market is beginning to realize that they are missing out on massive opportunities from selling them

[Golftech]

I think the drop is just a bunch of people taking profit. they are going to lose out on the next big pump in altcoin. There are altcoins that are going up still beacuse the market is beginning to realize that they are missing out on massive opportunities from selling them

well that's what is important when investing into an alt trading you should understand the big possibilities that the value will go up even more
i'm in the position that taking opportunity when red is showing around the trade site if i do have spare btc i keep buying little by little in order to gain profits when massive pump start all over again.

[voltesbit777]

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

If bitcoin price value goes up, then majority of the altcoins are dropping the price it is a good to buy altcoin, then hold bitcoin if you have balance on it.

[SamsungBitcoin]

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

If bitcoin price value goes up, then majority of the altcoins are dropping the price it is a good to buy altcoin, then hold bitcoin if you have balance on it.

Agree mate, because the value of altcoin are depending on the value of bitcoin. That is why more investor are waiting for the big dump of bitcoin because that is the best time to sell their hold altcoin. That is one of the strategy of the traders.

[Yuhee]

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

If bitcoin price value goes up, then majority of the altcoins are dropping the price it is a good to buy altcoin, then hold bitcoin if you have balance on it.

Agree mate, because the value of altcoin are depending on the value of bitcoin. That is why more investor are waiting for the big dump of bitcoin because that is the best time to sell their hold altcoin. That is one of the strategy of the traders.

Yap and i noticed it also time for altcoins to make there own pump but i dont guarantee investing in some random altcoins. Best still to read there whitepaper or the project ann. Thread. Other coins also do this twice a year and it has no connectiong with the btc's pump and dump. There are other coins that has there own projections and does not perform like other coins.

[stomachgrowls]

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

Depends on peoples preference, when bitcoin price tend to rise up some people do have altcoin holdings do decide to sell off so that they can able to accumulate more bitcoin and tend to hold until the price rise on a certain point which they can able to decide to sell on decent price and then most alts dump and then by the use of bitcoin buy some of them.Its just like that if you are a trader you would really understand what i mean here.

[jeraldskie11]

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

The bitcoin price will go up anytime and it will not go dumping as we can see in the chart. Even bitcoin is pumping it doesn't mean that altcoins will go dump. There are only some altcoins will go dump and some will go pump because some altcoins only pumps when the bitcoin pump also.

[Nahl]

if the price of altcoin dumped which mean it is good to buy and the current situations was slightly different that while bitcoin price rise up the popular of altcoin such as Doge, Litecoin or Dash also rise up too even sometimes the price down and rise up at the same day so i think this is good opportunity for short trading and get profit

[Gumpfire]

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

Same. If bitcoin rises, you have two options  and it's to hold or sell.  It's best to sell bitcoin to buy altcoins as their price it inversely proportional thus it's great opportunity to make profit.

[DarkIT]

I guess that's legal from the cryptocurrency world. Lots of altcoin will go down if bitcoin prices rise, but sometimes there are altcoins that go up, but very rarely. Well, sometimes the altcoin price goes up if the bitcoin price goes down, it's like a wheel.

[roadbits]

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

Same. If bitcoin rises, you have two options  and it's to hold or sell.  It's best to sell bitcoin to buy altcoins as their price it inversely proportional thus it's great opportunity to make profit.

Don't go for panic selling option. Yes now the price is down compared to last week but don't worry it will recover in few days. If you sell Bitcoins and buy altcoins, then it is your risk. Are you sure about altcoins price will increase in coming days then you can do this or else wait for some days you will get profit in bitcoins?

[cliffhanger35]

Well I believed that if Bitcoin falls, which was inevitable, the altcoins will rise. But that was not the case.

So until 2600 most alts grew with Bitcoin, them from 2600 to 2800 alts fell 10-20%. Then when Bitcoin plunged alts went even lower. I wasn't expecting that behavior.

Now, whenever Bitcoins grows even $50, most alts grow with Bitcoin. This applies to altcoins that are not related or compete at all to Bitcoin, is just that they are bought using Bitcoin.

[asyakashi]

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

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

It is true that I strongly agree with his opinion, two good opportunities from two different sides. Bitcoin prices are always opposite to altcoin prices, this is an opportunity to share the two owned capital. It's smarter to take both with the intention of taking a big advantage.
1. Selling a portion of BTC at the peak price
2. buy altcoin at the lowest price and wait for BTC prices to return to normal.

But if this does not happen, what to do
When BTC goes down and altcoin also goes down?