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Author Topic: Altcoins is going down for real.  (Read 4131 times)
stupid_seb
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June 26, 2017, 03:44:30 PM
 #21

Just chill.
it is a healthy consolidation.

FTR, my Porftolio made a +30% these last 2 weeks. Seeing a -10% (status now) or even a -20% is a probably good thing for the future.

 I am only concerned by all these traders with their stop-loss, who did not seem to have learnt the lesson with G-DAX...

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June 26, 2017, 03:53:30 PM
 #22

Is this he pop that people have been talking about this last few weeks? I see ETH is going down fast and the flippening that some are saying is not happening soon. Some weaker hands have been shaken already and have sold their alt coins very fast. They don't want to be trap just like most of us.
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June 26, 2017, 03:59:18 PM
 #23

Is this he pop that people have been talking about this last few weeks? I see ETH is going down fast and the flippening that some are saying is not happening soon. Some weaker hands have been shaken already and have sold their alt coins very fast. They don't want to be trap just like most of us.
its better than losing much bigger stake in my case i just sell some coins with the current downfall price and try to go much deeper entry so if ever it got filled up i will still hold some of this coin and sell it back again with the higher value in case some rebounds happen and i will still at profit.
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June 26, 2017, 04:01:30 PM
 #24

Ethereum network is currently have problem and many traders a selling out of panic. Panic selling create opportunity to buy cheap and wise traders always take this opportunity to buy and in future sell high and this circle will ever continue. The amateur buy high and sell low out of panic why the wise buy low and sell high for profit.
Where the information about ETH's problems come from? I didn't hear anything like this on the crypto news.
All alts depended from Bitcoin and if Bitcoin's price gone down a little - the percent of fall among altcoins is much bigger.
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June 26, 2017, 04:05:16 PM
 #25

CRYPTOCURRENCIES like bitcoin and altcoins its an best way to keep your money secure and good returns.

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June 26, 2017, 05:09:57 PM
 #26

Just chill.
it is a healthy consolidation.

FTR, my Porftolio made a +30% these last 2 weeks. Seeing a -10% (status now) or even a -20% is a probably good thing for the future.

 I am only concerned by all these traders with their stop-loss, who did not seem to have learnt the lesson with G-DAX...



This is the kind of thing I read everytimes a pump ends. Even if you can be right, you could be wront too so stay careful.


Anyway these ICO weren't healthy and were a sign that someting was going wrong. I'm just interested to see what will happen in the next weeks.

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Metros
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June 26, 2017, 05:50:05 PM
 #27

Green is coming, you better buy now before it rise up.

https://image.ibb.co/iPPMA5/altcoins.png


Some people here are ridiculous, having $5 worth of altcoins and panic to sell.

There are people here with millions worth of coins and they ain't selling.

Last month crypto market was $68B, last week it was $110B. now it is $93B.

What do you think will happen next month? the "corrections". and the market will get beyond $150B.
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June 26, 2017, 05:53:18 PM
 #28

Bitcoin is the king. When their is bloodbath all around, people seek refuge under the Bitcoin umbrella. Hence every other coin except Bitcoin is bleeding currently.
Inkdatar
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June 26, 2017, 05:57:39 PM
 #29

This happen a week ago altcoins dump but I beleive it will rise again. I think theres some panic selling but for sure it will pump. And we can earn profit even for a long term.
stupid_seb
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June 26, 2017, 05:58:56 PM
 #30

Just chill.
it is a healthy consolidation.

FTR, my Porftolio made a +30% these last 2 weeks. Seeing a -10% (status now) or even a -20% is a probably good thing for the future.

 I am only concerned by all these traders with their stop-loss, who did not seem to have learnt the lesson with G-DAX...



This is the kind of thing I read everytimes a pump ends. Even if you can be right, you could be wront too so stay careful.


Anyway these ICO weren't healthy and were a sign that someting was going wrong. I'm just interested to see what will happen in the next weeks.

I wrote this at the worst moment (I hope it WAS) when my portfolio was at -20%
I did CTFU&W (chill the F up and wait) and now I am at -13%.
There may be another correction coming, but so far it seems to hold.

My portfolio looks like a crazy rollercoaster :-)
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June 26, 2017, 06:08:11 PM
 #31

This happen a week ago altcoins dump but I beleive it will rise again. I think theres some panic selling but for sure it will pump. And we can earn profit even for a long term.
well just pick the coin that have big potential to make a bounce back like big names for sure the dev will try to make some updates and sometimes they
will try to place a buy wall to make sure that the project will not go so deep. profits will follow if we know how to look for good entry.
Evlve
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June 26, 2017, 06:20:05 PM
 #32

I think everyone should sell.

So I can buy. And retire in a few years
Mormyr
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June 26, 2017, 06:29:45 PM
 #33

In the same manner that everything went up without any particular reason now everything is going down without a particular reason.
Metros
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June 26, 2017, 06:39:54 PM
 #34

In the same manner that everything went up without any particular reason now everything is going down without a particular reason.

There are reasons.

Reason  1: ICO's exposed Ethereum weakness.
Solution 1: PoS / Casper.

Reason  2: The fraud happen on G-DAX with $0.10 price for ETH
Solution 2: Stupid traders learned their lessons.

Reason  3: Fake news about death of Vitalik the founder of Ethereum.
Solution 3: He took a photo with latest block number to show he's alive.

Who had benefits?
The ones who cashed out
Investors that buy now when price low

Losers?
People that got panic and sold with lose.

In the folowing days you'll see major corrections Smiley

dbc23
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June 26, 2017, 06:47:33 PM
 #35

My only dilemma at this point is when to buy in and if I'm going for BTC, LTC or ETH.
shirackjs
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June 26, 2017, 07:07:13 PM
 #36

My only dilemma at this point is when to buy in and if I'm going for BTC, LTC or ETH.

I have the same dilemma as you. I end up buying BTC and ETH. Good luck guys.  Smiley

Well it is pretty normal since BTC deprecated 10 over %. We will be seeing green next few days
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June 26, 2017, 07:48:06 PM
 #37

My only dilemma at this point is when to buy in and if I'm going for BTC, LTC or ETH.
I have the same dilemma as you. I end up buying BTC and ETH. Good luck guys.  Smiley
Well it is pretty normal since BTC deprecated 10 over %. We will be seeing green next few days
Even i do expect a good recover in the coming weeks,i really think it is a consolidation period before the big push ,expect these sort of market once in a while,so be smart while investing and wage in the risk you are taking before doing anything.

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June 26, 2017, 08:06:41 PM
 #38

I would have panic as a newbie but now I have come to realize it is very normal in Crypto world. It perfect opportunity to buy really cheap coins and sale when they go up.
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June 26, 2017, 08:12:03 PM
 #39

Well, i'm one of the newbs that bought into bitcoin almost at ATH, also some other altcoins and now the value of everything dropped by -30% meaning a potential loss of almost 1500$ if i would sell everything right now...And i have the feeling, that the marketcap will go down even further (maybe just above 50B). But: I will hold...and i will buy more when the price is down because i think bitcoin has a future and will rise to new dimensions in a few years from now. Worst scenario: I'll invest 10-20k and lose everything...Well that would be hard, but some people have higher losses when buying new cars and selling them after two years...
Or: Best Scenario: I can quit my Job in 2020  Cheesy
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June 26, 2017, 08:16:30 PM
 #40

Why is it in the past 24 hrs almost all of the altcoins is going down atleast 10 percent in value even though bitcoin's price is steady at $2.5k. Is it contrary or something is really happening. Any thoughts?

The price of bitcoin has even gone lower that the price you have there and I expect that the price of alt coin might even have to go down further depending on how the demand for such coin is able to hold against bitcoin price coming down. The real reason in actual sense, no one knows we all guess and hope the market will correct itself in due time so as to shame the predicters of the end of bitcoin.
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