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Author Topic: Alt market today  (Read 1800 times)
ScamViruS
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September 04, 2022, 04:00:41 PM
 #221

Today's market looks good, even though Bitcoin rises less than 1% but many Altcoins rises more than 5%, I hope the positive trend continues so that the end of the year can party, I set a target of ETH to reach $ 250 and BNB can reach $ 500.

ETH $250?  Did you expect this target or did you make a mistake? I think you meant to write $2500. The Bitcoin market follows the traditional market very closely, so any positive movement in the traditional market will definitely affect the price of Bitcoin. And bitcoin price will move in any direction, altcoin will follow that trend.

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September 05, 2022, 02:56:57 PM
 #222

As we know that the Altcoins market is very dependent on the 3 main coins namely Bitcoin, ETH and BNB, if the 3 coins are green then we can be sure Altcoins are also green, but we must be vigilant if the 3 coins are red so that they immediately move to stable coins is the best choice

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September 07, 2022, 09:59:25 PM
 #223

As we know that the Altcoins market is very dependent on the 3 main coins namely Bitcoin, ETH and BNB, if the 3 coins are green then we can be sure Altcoins are also green, but we must be vigilant if the 3 coins are red so that they immediately move to stable coins is the best choice
Do you mean selling immediately those 3 coins or converting them into stablecoins?
I think it is not necessary, we only need to hold them. If you sell them in a panic, you may regret it once the prices of the 3 coins are increasing high then. Converting them to stablecoins is only needed once you think it is the right time to take profits. Experienced investors don't convert their crypto assets every time they see a drop in prices. It is something not necessary to do, especially if your goal is long-term.


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September 10, 2022, 04:30:06 AM
 #224

As we know that the Altcoins market is very dependent on the 3 main coins namely Bitcoin, ETH and BNB, if the 3 coins are green then we can be sure Altcoins are also green, but we must be vigilant if the 3 coins are red so that they immediately move to stable coins is the best choice

Yes.. stablecoins are a top choice if alt prices are not in good shape anymore.But if we have already bought it, then holding it until the market conditions are favorable for us, is a very appropriate choice for us to carry out trading transactions again as before.
It depends on ourselves, whether we are ready to take the risk or not. If you are ready, when the red market is the time to buy. But back again are we ready to hold on longer or not, because we don't know how long the market will be in the red. It could be longer than the time we see from the analysis. As today the market is unpredictable, if we don't have enough courage then stable coins are an option.

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September 10, 2022, 06:06:45 AM
 #225

As we know that the Altcoins market is very dependent on the 3 main coins namely Bitcoin, ETH and BNB, if the 3 coins are green then we can be sure Altcoins are also green, but we must be vigilant if the 3 coins are red so that they immediately move to stable coins is the best choice

Yes.. stablecoins are a top choice if alt prices are not in good shape anymore.But if we have already bought it, then holding it until the market conditions are favorable for us, is a very appropriate choice for us to carry out trading transactions again as before.
It depends on ourselves, whether we are ready to take the risk or not. If you are ready, when the red market is the time to buy. But back again are we ready to hold on longer or not, because we don't know how long the market will be in the red. It could be longer than the time we see from the analysis. As today the market is unpredictable, if we don't have enough courage then stable coins are an option.
The problem is that we don't know when the market will experience a reversal, and from there during the bearish season, it's the most appropriate thing for us to buy, if the market goes down again, we can buy it again. especially if we buy altcoins such as eth or bnb, of course there is no doubt to continue to collect the two assets. especially if we buy bitcoin, of course it will be calmer in facing the market

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September 10, 2022, 01:12:41 PM
 #226

The Altcoins Market in recent days that has been trending, of course, Luna, a week ago is still under 500 but now ranked 26th, and this proves that the Altcoins market is very dynamic and always interesting to follow.
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September 11, 2022, 05:57:37 AM
 #227

looks like this september will be more interesting for altcoins and bitcoin,
because historically september is a bloody month!, but if this fails then history will not repeat itself,
i think bitcoin september should be above $ 20k and go to $ 30k and it will make altcoins are recovering,
and today of course altcoins are already in support and will recover
A few days ago the price of bitcoin had dropped to $19k but only lasted a short time in that area and now bitcoin is back up to the level of $21k, so with this increase I think the price of bitcoin will continue to trade at $20k and above until the end of this month due to support the strongest for bitcoin is still in the $20k area.

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