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Author Topic: Why All Coins Dump?  (Read 15209 times)
boyla (OP)
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July 07, 2017, 03:12:52 PM
 #1

It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad
3months18w
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July 07, 2017, 03:20:59 PM
Last edit: July 07, 2017, 03:38:16 PM by 3months18w
 #2

You should get used to it man.It's the law of market. Dump and pump are never stop here.
Just make a right time, buy low and sell high, you get your return.

btcjoin14
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July 07, 2017, 03:33:38 PM
 #3

It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad

Like the other guy stated, it is what it is. The price of Bitcoin is going down right now so the prices for almost every Altcoin that is paired with Bitcoin is going down as well.

Even Ethereum is going doen in value, Bitconnect coin is not doing that bad right now though I wouldn't invest in that coin since that coin has a bunch of errors on their website.

I am pretty sure that this dump is only temporary.
boyla (OP)
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July 07, 2017, 03:44:25 PM
 #4

My altcoins portfolio lost 30% and not yet stop!  Cry That's why I am very worry. So, the reason is because of Bitcoin going down? I am new to this crypto world and I am very worry when I see 30% lost  Embarrassed

I invested a lot in Ark, Stratis, Ador, and Aragon. What do you guys think about these coins future? I intended to keep these coins for long terms.
lukaexpl
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July 07, 2017, 04:07:31 PM
 #5

My altcoins portfolio lost 30% and not yet stop!  Cry That's why I am very worry. So, the reason is because of Bitcoin going down? I am new to this crypto world and I am very worry when I see 30% lost  Embarrassed

I invested a lot in Ark, Stratis, Ador, and Aragon. What do you guys think about these coins future? I intended to keep these coins for long terms.

Warren Buffet would tell you that only 2 prices matter - first the one at which you bought and the second at which you sold.
The rest is noise.

If you are hodling for long term than turn off whatever equivalent of crypto CNBC you are watching and you should be fine.
strohhirn
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July 07, 2017, 04:11:15 PM
 #6

Don't see it as a dump. See it as sale time. All coins are so cheap today.
Often the market recovers after a huge dump.
aakashsangwan
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July 07, 2017, 04:13:31 PM
 #7

My altcoins portfolio lost 30% and not yet stop!  Cry That's why I am very worry. So, the reason is because of Bitcoin going down? I am new to this crypto world and I am very worry when I see 30% lost  Embarrassed

I invested a lot in Ark, Stratis, Ador, and Aragon. What do you guys think about these coins future? I intended to keep these coins for long terms.

Warren Buffet would tell you that only 2 prices matter - first the one at which you bought and the second at which you sold.
The rest is noise.

If you are hodling for long term than turn off whatever equivalent of crypto CNBC you are watching and you should be fine.
And for day traders what is more important is the noise, as their daily income depends on it.
Market works in 3 ways, first is bullish, then sideways and then bearish. The sideways market is good for traders.

ostsee77
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July 07, 2017, 04:14:25 PM
 #8

Very good. we can buy
lakimens
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July 07, 2017, 04:16:44 PM
 #9

Yeah, everything is under fire, but two coins received huge pumps, Tellurion(3000%) and Guccione(700%).
Wondering why BitConnect isn't going down, seems like the revolution has begun.

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ostsee77
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July 07, 2017, 04:19:29 PM
 #10

Yeah, everything is under fire, but two coins received huge pumps, Tellurion(3000%) and Guccione(700%).
Wondering why BitConnect isn't going down, seems like the revolution has begun.

Yobit  Grin Ok.   
Evlve
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July 07, 2017, 04:20:57 PM
 #11

They're common.

It's a combination of things - whales cashing in off the recent pump, people with stops in place after it goes down a certain percentage and new people panic selling. Sometimes it's because your coin is being beat by another one and the market is chasing that now. Sometimes it's a combination.

Alts are high risk, they fluctuate wildly. Even the top 5 coins have swings; it's the nature of the game. I wouldn't invest more then you're willing to lose if it so happens that they crash for a long time and you can't afford it if that happens.

long story short do your research, stay abreast of upcoming events, and don't worry too much about the price swinging everywhere
ss890
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July 07, 2017, 04:30:11 PM
 #12

Looks like a good opportunity for investors and Day dreamers. Falling is not that bad because the heights that can be achieved after this fall would be an amazing thrill. Too much profit I see there if you are trader as well. Buying at low and selling at high that is the true mantra of this world. You should learn it sooner and apply it even faster.
xbiv2
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July 07, 2017, 04:37:37 PM
 #13

It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad

Cose it SCAM

nsasuiteb
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July 07, 2017, 05:40:38 PM
 #14

Because of fear and this is the beginning.

RewFrew
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July 07, 2017, 06:05:39 PM
 #15

It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad

Cose it SCAM


Just lol at 99.99% Coins reserved to the devs..
thompshma
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July 07, 2017, 06:16:54 PM
 #16

It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad

Cose it SCAM


Literally one of the most garbage visuals I have ever seen in my life.

Did you make this using ms paint on windows 98?
Robertqueen2
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July 07, 2017, 06:23:56 PM
 #17

It is natural situation, this happen every week, on Monday until wednessday most of tokens will recover their prices, you can make nice profit by buying and selling at the right time.
niisarearning
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July 07, 2017, 06:25:45 PM
 #18

Which coins are you talking about some of the coins am gollowingbits really pumping well some are even more than 100% check lync some other coins . Pump and dump commen in all markets even traditional trading.
boyla (OP)
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July 07, 2017, 08:09:57 PM
 #19

I know there are pump and dump, but 30% dump on my portfolio is really not good for my heart  Lips sealed
BellicoseBenny
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July 07, 2017, 08:18:42 PM
 #20

IMO a lot of it is just the market is made up of disproportionately young men with a high percentage of their assets caught up in crypto.

So when friday comes everyone has to cash out for beer and travel money.

Fridays are good days to buy it seems
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