Omega Weapon
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June 22, 2017, 02:35:13 AM |
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Do you guys think it will be going to moon all the time? This is normal. Just try to take a position while prices are decreasing and make short positions in exchanges.
Shorting is not really a good option at least to me, the market at the time is very unstable and I think it is going to be for quite some time, the best thing to do is try to take refuge in the most known coins, Bitcoin, Ethereum, Litecoin, and other coins, sell the coins that are not well known, you should have gotten your earnings already anyway.
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izanagi narukami
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June 22, 2017, 03:43:41 AM |
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This is why people can earn money from altcoin trading. If those ups and downs would not happen then there wouldn't be any profit for altcoin traders. Many people earning good money from trading. No need to be busy about the reason why alcoins drop better buy whenever they drop sell whenever they up.
Altcoin market is more riskier compare with bitcoin trading as we know that their value extremely volatile. But for some point , people may have advantage from altcoin trading but not many people able to obtain big profit from as my friend also experience this.
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eternalgloom
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June 22, 2017, 08:11:32 AM |
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This is why people can earn money from altcoin trading. If those ups and downs would not happen then there wouldn't be any profit for altcoin traders. Many people earning good money from trading. No need to be busy about the reason why alcoins drop better buy whenever they drop sell whenever they up.
Altcoin market is more riskier compare with bitcoin trading as we know that their value extremely volatile. But for some point , people may have advantage from altcoin trading but not many people able to obtain big profit from as my friend also experience this. Yeah, if you compare Bitcoin with all other altcoins, but I think that if you just stick with the top 10 altcoins on Coinmarketcap, the risk is similar to that of Bitcoin. Actually, the value of those altcoins is pretty tied to the value of Bitcoin, meaning that when Bitcoin prices you down, altcoin prices follow suit.
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DaMut
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June 22, 2017, 08:50:30 AM |
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Of course it would go down. Even more than that,because bitcoin pullback and altcoin bull already exhausted. Slowly they will back to their place until another time or another big retrace . If you dont want to lose it,just hold it in a year or two years
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wuvdoll
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June 22, 2017, 12:22:51 PM |
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This is why people can earn money from altcoin trading. If those ups and downs would not happen then there wouldn't be any profit for altcoin traders. Many people earning good money from trading. No need to be busy about the reason why alcoins drop better buy whenever they drop sell whenever they up.
Altcoin market is more riskier compare with bitcoin trading as we know that their value extremely volatile. But for some point , people may have advantage from altcoin trading but not many people able to obtain big profit from as my friend also experience this. The reason why altcoin trading is more riskier compared to bitcoin trading, is heavy manipulation by big players and dev teams. Even bitcoin trading sometimes getting affected by whales, altcoins markets are almost every day being manipulated by those dev and whales. That is the reason we can see drastic dumps and pumps are happening with altcoin tradings more frequently. Those traders who are taking decision similar to devs, getting profits and are sharing about their profitable trading with altcoins to others which gives an image of altcoin trading is profitable.
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maydna
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June 22, 2017, 07:12:00 PM |
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i think its normal if we see that almost all coins is down by 20 to 35 % and i think its because of bitcoin price is increase more so the altcoin need to make correction price. i don't know if there is any other manipulation from big whales or not, i only watching from the market and if bitcoin is down, then its the time for altcoin to gets increase more than before. so, i hope we don't have to gets panic when we are seeing the altcoin is down, just relax for a while, waiting for a day or weeks, then the price will be back normal again.
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erpbridge
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June 22, 2017, 08:36:15 PM |
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I feel its the hype that is not ending. Most of the altcoins are coins which now have value due to nothing. I mean seriously I consider most of them as ponzis, and none of them is every going to be replacing bitcoin. Hence the price falling is no big deal.
Even yesterday, ANT fell like 40% in value over night, just because of one bad news. That shows that there is no real value except for speculation which drives the price up or down.
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Omega Weapon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2017, 01:51:57 AM |
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This is why people can earn money from altcoin trading. If those ups and downs would not happen then there wouldn't be any profit for altcoin traders. Many people earning good money from trading. No need to be busy about the reason why alcoins drop better buy whenever they drop sell whenever they up.
Altcoin market is more riskier compare with bitcoin trading as we know that their value extremely volatile. But for some point , people may have advantage from altcoin trading but not many people able to obtain big profit from as my friend also experience this. The reason why altcoin trading is more riskier compared to bitcoin trading, is heavy manipulation by big players and dev teams. Even bitcoin trading sometimes getting affected by whales, altcoins markets are almost every day being manipulated by those dev and whales. That is the reason we can see drastic dumps and pumps are happening with altcoin tradings more frequently. Those traders who are taking decision similar to devs, getting profits and are sharing about their profitable trading with altcoins to others which gives an image of altcoin trading is profitable. Basically this, this especially likely if the coin is new or if the market cap is low, in fact to be a whale you don’t need to have millions of dollars, you can be a whale in a coin with low market capitalization with as little as few tens of thousands, this is why many don’t like to hold altcoins since the risks are greater when it comes to market manipulation than the risks that you face in bitcoin.
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Viyamore
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June 27, 2017, 01:58:46 AM |
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This is due to some news plus the correction of price .Are you don't happy? You can buy at very cheap price of altcoins .Its a big opportunity for us and it is buy time ,buy as many as you can that are good coins . The price was still so volatile and we can't assume when it will rise .Just have a big patience and it will be worth the wait.
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Finestream
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June 27, 2017, 08:21:20 AM |
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This is due to some news plus the correction of price .Are you don't happy? You can buy at very cheap price of altcoins .Its a big opportunity for us and it is buy time ,buy as many as you can that are good coins . The price was still so volatile and we can't assume when it will rise .Just have a big patience and it will be worth the wait.
We should totally be happy, let us not look at this as the market is crashing because it will not happen anymore, it's normal to see the dump and all is because of wrong news of information where the whales also ride with it to make it to their advantage. I guess we must be smart at this time, buy according to your limit and enjoy the profit in a short period of time.
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MoreBloodWine
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Merit: 1001
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June 27, 2017, 08:33:13 AM |
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I already forecasted this big downtrend for altcoins. There is a reason behind this global crypto downtrend. Investors are looking for cheap pirces to boost ROI and corrections are best opportunity for this purpose.
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To be decided...
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Adbitco
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June 27, 2017, 09:05:10 AM |
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There's nothing to panic. It has happened in the past too and everything will be normal very soon. I'm holding a few coins which are in red but I'm not going to sell them in loss and that's my advice to everyone don't sell what you holding in loss. Yes it's a good opportunity to buy.
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KDjr
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June 27, 2017, 09:13:25 AM |
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i thought all coin make some correction.. and this is a big opportunity to us.. then we can buy some good coin now.. cause almost all coin cheaper.. i trust later all coin can up again and its price normally.. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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roadbits
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June 27, 2017, 09:25:38 AM |
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There's nothing to panic. It has happened in the past too and everything will be normal very soon. I'm holding a few coins which are in red but I'm not going to sell them in loss and that's my advice to everyone don't sell what you holding in loss. Yes it's a good opportunity to buy.
Yes, don't get panic it is common in cryptocurrency last time also it drop $2000 and came back in one day at $2500. So don't do panic selling you will get the loss. Actually, those who have experience in bitcoin trading and those who used in Bitcoin since last few months they can understand this situation. Only the newbies don't experience this situation.
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phuclzu12
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June 27, 2017, 09:41:54 AM |
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There's nothing to panic. It has happened in the past too and everything will be normal very soon. I'm holding a few coins which are in red but I'm not going to sell them in loss and that's my advice to everyone don't sell what you holding in loss. Yes it's a good opportunity to buy.
Yes, don't get panic it is common in cryptocurrency last time also it drop $2000 and came back in one day at $2500. So don't do panic selling you will get the loss. Actually, those who have experience in bitcoin trading and those who used in Bitcoin since last few months they can understand this situation. Only the newbies don't experience this situation. Well, not anyone want sell altcoins they have with cheap price, but if you are a Margin Trader, you will very scared when Margin Call and your Balance can sold all anytime. And I'm one of them ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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MoreBloodWine
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June 27, 2017, 02:02:35 PM |
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There's nothing to panic. It has happened in the past too and everything will be normal very soon. I'm holding a few coins which are in red but I'm not going to sell them in loss and that's my advice to everyone don't sell what you holding in loss. Yes it's a good opportunity to buy.
Yes, don't get panic it is common in cryptocurrency last time also it drop $2000 and came back in one day at $2500. So don't do panic selling you will get the loss. Actually, those who have experience in bitcoin trading and those who used in Bitcoin since last few months they can understand this situation. Only the newbies don't experience this situation. Well, not anyone want sell altcoins they have with cheap price, but if you are a Margin Trader, you will very scared when Margin Call and your Balance can sold all anytime. And I'm one of them ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Never fall this trap.. Smart trader should know exact time or price for exit and enter orders. Prices will decrease more with panic selling but cheap prices mean good opportunity to buy altcoins.
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To be decided...
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darthmaul
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June 27, 2017, 05:38:57 PM |
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lol , it means = best buying opportunity , VERY cheap coins , i'm buying ETC and ETH
Indeed it is good opportunity. Im also going for ETH and few of the selected coins. Im getting ready for huge profits. The dumps have to be there to cover up the losses that I had previously. I have made lots of mistakes in last month by investing at higher prices well I was thinking that prices will go even higher. But later I came to know that was really bad move. Lol! Now I am going to be very cautious and will invest step by step with current dump. I have chosen one of the greatest coins and ICO tokens to invest in and I'm sure that they will pay me back my losses plus huge profits too. :-)
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omonuyak
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June 27, 2017, 06:12:22 PM |
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That down fall was over and we see another up trend again before another down fall again this week. I think crypto currencies market is trying to create a pattern and channel for future trading technical analysis. Without this crypto currencies has no future if the price keep on pumping up without a correlation.
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squatz1
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Flying Hellfish is a Commie
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June 27, 2017, 06:26:07 PM |
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Nothing relating to news coming out but something like this was bound to happen when it comes to altcoins, you can't be expecting growth like this to continue for THIS LONG. We're just sitting here while all the altcoins were hitting more and more all time highs-- it was bound to all come crashing down at some point, and personally I think this is a small crash that isn't something that's really going to stop them. But in the future we're going to see something like an insane bubble popping with tons of billions being lost in this, who knows when, but it will come at some point.
Nothing yet, but come soon will be the big collapse.
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wantjokull
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June 27, 2017, 06:42:20 PM |
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Nuclear war, come on man can't you think something more disastrous like earth falling into sun! Haha. I'm sure that nothing like this is happening nor it will happen until 2050 goes upside down. Well, the coins are lowering in the price because they are seeing common selling currently. This happens mostly due to chain reaction of panic selling. Few big investors start selling big amounts of chunks resulting into drop of price and then others think that market is going down and they must sell off everything. The end result is down market. Obvious.
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