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Question: Why Altcoin falling
Btc pump - 13 (65%)
Altcoin back after the pump - 4 (20%)
Btc sewgit success - 3 (15%)
Total Voters: 20

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Author Topic: Altcoin is falling. Who knows why?  (Read 2710 times)
Saoha (OP)
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August 25, 2017, 05:14:50 PM
 #1

I lost quite a lot of Sc, stratis, xrp and Dgb. And you
greyworld
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August 25, 2017, 05:16:30 PM
 #2

Yeah DGB has been the pits since I got in. 

SC seems like it's trying to recover, I think it'll pick up.

I hope OMG wakes up soon, seems inevitable, that one's going up... but lately it's been kinda sideways.

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wojak
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August 25, 2017, 05:16:52 PM
 #3

Btc pump
Altcoin back after the pump

Not altcoin but dollar, this + btc raising (not a pump)

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August 25, 2017, 05:25:44 PM
 #4

some are doing fine: like PTOY, Vertcoin, Waves, Lisk, UBQ
But well, it's not really a loss until you sell them, so hold and they will rise again Wink

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August 25, 2017, 05:29:55 PM
 #5

XRP is correcting because it raise too fast https://www.coingecko.com/en/price_charts/ripple/usd it is a strange one
But i am interest to know why Sia keeps falling

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August 25, 2017, 05:38:25 PM
 #6

Seriously
if company value is stored in USD - it value will fall when USD is falling.
if company value is stored in any other currency - it value will raise when USD is falling.

USD is falling because of some troubles with FED, Yellen etc. It is how I understand it, and it quite nice works with what I see on charts

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Saoha (OP)
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August 25, 2017, 10:22:43 PM
 #7

Yeah DGB has been the pits since I got in. 

SC seems like it's trying to recover, I think it'll pick up.

I hope OMG wakes up soon, seems inevitable, that one's going up... but lately it's been kinda sideways.


I bought more Sc for 157 sts. Hope will not decrease and quickly increase.
Wait
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August 25, 2017, 11:04:00 PM
 #8

some are doing fine: like PTOY, Vertcoin, Waves, Lisk, UBQ
But well, it's not really a loss until you sell them, so hold and they will rise again Wink
even wave is down and having a hard time to go back to where it was
greyworld
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August 25, 2017, 11:08:26 PM
 #9

XLM and SC are having a pretty decent day.  Not great but... not terrible.

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August 26, 2017, 03:20:44 AM
 #10

some are doing fine: like PTOY, Vertcoin, Waves, Lisk, UBQ
But well, it's not really a loss until you sell them, so hold and they will rise again Wink
This cannot be repeated enough, if your investments are giving you losses and the coins that you are holding have some future and are not shit coins then the best thing you can do is to hold, do not sell for a loss, at some point the price is going to recover you only need to wait.
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August 26, 2017, 03:36:40 AM
 #11

Bitcoin is very high right now. You can't expect altcoin market will get recovered so fast because most of the volumes of traders are on bitcoin right. There's a rumor also Bitcoin will pump again soon and will break the $5000 margin. So, owning altcoin right now is pretty dangerous. Just put only small amount to avoid huge loss. Short trade is good though. If you can't help yourself from trading. Short trade is good but more risky.

Altcoin market is sleeping for a long time. But i believe the market will recover as soon as Bitcoin dumps hard. But not now. Just hold if you think you loss huge on your bought altcoins. It will recover. Just be patient.
greyworld
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August 26, 2017, 03:52:09 AM
 #12

Bitcoin is very high right now. You can't expect altcoin market will get recovered so fast because most of the volumes of traders are on bitcoin right. There's a rumor also Bitcoin will pump again soon and will break the $5000 margin. So, owning altcoin right now is pretty dangerous. Just put only small amount to avoid huge loss. Short trade is good though. If you can't help yourself from trading. Short trade is good but more risky.

Altcoin market is sleeping for a long time. But i believe the market will recover as soon as Bitcoin dumps hard. But not now. Just hold if you think you loss huge on your bought altcoins. It will recover. Just be patient.

That's a shame, I was wondering if the market worked like that but that's what I'm seeing and what a lot of people are saying...  Too bad, because if it comes down to BTC vs shitcoins, BTC is going to beat them like a mule.

So altcoins are a bad long term investment, it would seem.  Sometimes they spike but generally appreciation of BTC, which is inevitable like the rising of the sun, will constantly drive their values down, like inflation?

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August 26, 2017, 05:21:44 AM
 #13

The market is just so stubborn sometimes. All they know is bitcoin (irony being, up until a few months ago, that was all I knew too  Grin). I wonder a lot if every coin in existence now were introduced into an alien society all at once, which coin would be top dog?

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August 26, 2017, 06:32:18 AM
 #14

I lost quite a lot of Sc, stratis, xrp and Dgb. And you
What make you are losing a lot on those coins, it seems you can't be a patience person nor buying in the incorrect time that linked to the time of the pump of the token price. I lost nothing because i was buying in the dip or red paint.  You already take the bad decision. The price has fallen due to the taking the profit.

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August 26, 2017, 06:49:14 AM
 #15

I lost quite a lot of Sc, stratis, xrp and Dgb. And you
What make you are losing a lot on those coins, it seems you can't be a patience person nor buying in the incorrect time that linked to the time of the pump of the token price. I lost nothing because i was buying in the dip or red paint.  You already take the bad decision. The price has fallen due to the taking the profit.
that's the reason why we need to study first before we enter the trade knowing the position and reading the chart though there's other things that's needed to consider just be patient and wait till all the correction was finish and see that it will bounce back, learn to invest with some thinking of long term goal.

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August 26, 2017, 07:02:56 AM
 #16

Altcoins are not really falling. You bought already pumped coins in general. That's why you see loses. You should be very patient before buy and after buy as well.



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pey
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August 26, 2017, 07:11:24 AM
 #17

This is because of bitcoin pump, but before bitcoin pump altcoins were in bubble, it was obvious and bitcoin had not risen at all compared to other altcoins.

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August 26, 2017, 07:21:59 AM
 #18

I think there will come an altcoin season again. You have to wait... I know, waiting is the hardest part. Everything happens in waves. That`s the reason why alts were going down and will go up.
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August 26, 2017, 11:06:46 AM
 #19

They are on massive correction. And i think this will take long to recover. That's normal though. Bitcoin is.so strong. We can't blame people switch to bitcoin since they can easily get some profits to it. I loss a lot on altcoins too. I don't see improvement of movement of the market right. So just use small percent of your portfolio on altcoin market. And don't lose your patience because this is the key to success. Waves is good to buy right now since there's many project are ongoing on waves platform. Stratis also a good buy. But takes long time to pump. Maybe weeks.
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August 26, 2017, 12:44:56 PM
 #20

I think the price of Bitco has risen so much in the past, which makes all altcoin fall and we still do not know what will happen if Bitcoin reaches $ 10,000 if that happens . People will sell altcoin
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