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Author Topic: Shouldn't altcoins start to recover?  (Read 865 times)
PurpleDog (OP)
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October 01, 2017, 06:50:30 PM
 #1

When are altcoins going to go up again?

Bitcoin goes up. Shouldn't that help them recover?
Swinging Phallus
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October 01, 2017, 07:20:44 PM
 #2

Eh, it takes time for these things to happen. Sometimes I will notice a really good project and wonder why no one is investing in it and a week later its up 200%. Just wait, waves take time to travel.
Legendari
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October 01, 2017, 08:05:12 PM
 #3

According to my observations altcoins have a direct correlation with bitcoin during his fall. But while growth is not always the case. So that's the big question when the market altcoins will rise.

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Lovetrading
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October 01, 2017, 09:06:36 PM
 #4

I am not sure what do you mean by recovering. It looks to me the ALT market is rallying! It has never been better to me. But I guess it all depends when do you buy. I usually buy on dips, when there are blood on the streets.
PurpleDog (OP)
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October 01, 2017, 09:31:46 PM
 #5

Many of them have tested their support levels and are still there not following the bitcoin upward moves.

Anyway, I suppose it's gonna take some time to get things going again.
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October 01, 2017, 09:35:20 PM
 #6

it has been a while now since most major altcoins had major recovery but am waiting for the new year though it is bit far but definitly it wil bring major change out
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October 01, 2017, 09:35:55 PM
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Also interested in this issue, because altcoin now only fall and fall. When it's stopped

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October 01, 2017, 10:24:38 PM
 #8

That's why you need to choose your altcoins wisely (if you are not daytrading).
Because as you understood, BTC fall = altcoin fall, bute BTC raise doesn't mean altcoin raise.

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October 01, 2017, 10:26:37 PM
 #9

also concerned that alts will never recover to June levels vs bitcoin .... just been a steady downward trend since June for major alts.... I think 2018 will be the year alts get pumped massively as hedge funds join in on the fun

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maeusi
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October 01, 2017, 10:28:19 PM
 #10

Recover from what? Most well known altcoins are still growing. Look at coinmaeketcap the history of alts like ETH, Litecoin and Dash. ETH was on around 40$, Litecoin on 4$ and Dash on 50$ at beginning of this year.
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October 01, 2017, 10:35:40 PM
 #11

When are altcoins going to go up again?

Bitcoin goes up. Shouldn't that help them recover?
The altcoin was recover slowly but as you can see the altcopin chart was straight with the bitcoin right now. As i can see that the chart will be rebound asap and remember this time the banned news means nothing for us.

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wolfracer
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October 01, 2017, 11:06:53 PM
 #12

Altcoins and Bitcoin do not have a price correlation with each other, so it does not make sense to wait for a rise if bitcoin rises, If this has happened in the past could say that it is mere coincidence or by people waiting for a new bitcoin by investing in other cryptocurrencies in the moment bitcoin rises.

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October 01, 2017, 11:09:06 PM
 #13

It really depends, there is about 20% less money coming into Crypto as there was 2 months ago. Many coins are going up, but it depends on the worth of the project. I only invest in projects that have a real USP.
hisuka
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October 01, 2017, 11:14:38 PM
 #14

It really depends, there is about 20% less money coming into Crypto as there was 2 months ago. Many coins are going up, but it depends on the worth of the project. I only invest in projects that have a real USP.
We couldnt tell when the altcoins will start to recover. Thats why before investing make a research which coins is really profitable. Yes it depends on the project of a certain coins their plan and their roadmap which price recover.
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October 01, 2017, 11:17:32 PM
 #15

When are altcoins going to go up again?

Bitcoin goes up. Shouldn't that help them recover?

wait some time mate, it will recover sooner than you think !
PurpleDog (OP)
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October 02, 2017, 07:34:22 PM
 #16

I need time and date!  Grin
Ging
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October 02, 2017, 07:35:42 PM
 #17

aabout time they should do
Lovetrading
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October 03, 2017, 08:33:49 PM
 #18

I found an older post here from last JULY, like 2 month ago regarding ARK. People were complaining about ARK price is stuck at 70c, and they were wondering when it will get to $1 level.  Where is ARK now?  Just learn to wait and buy low. This is my 2c.
Pearls Before Swine
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October 03, 2017, 08:45:46 PM
 #19

Eh, it takes time for these things to happen. Sometimes I will notice a really good project and wonder why no one is investing in it and a week later its up 200%. Just wait, waves take time to travel.
That is a fantastic user name, just have to tell you that.

I don't see a logical reason why altcoins should go up, as most of them aren't being used
for anything useful, and people are just looking to dump them on anyone who will pay more
for them.  That's the 'greater fool' theory of investing.

There's no reason bitcoin itself should keep rising either, if you think about it.  Not many
people are spending it, and I think the adoption rate by new people has been pretty
stagnant. 
btcdepo
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October 03, 2017, 08:47:10 PM
 #20

As far as there is no reason like btc gains strengths, alt coins won't have any power to recover. so the mother stands up and the kids after that.

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