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Author Topic: AltCoins Bleeding  (Read 843 times)
s4v4g3 (OP)
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October 14, 2017, 04:55:43 PM
 #1

Hello!

After the last rise of BTC I lost 20% of my alts
Here are the coins I invested in:
NEO - bought at 0.0063
STRAT  - bought at 0.00074
QTUM  - bought at 0.012
XRP  - bought at 0.000054
OMG  - bought at 0.0017
WAVES - bought at 0.00088

I didn't see that market crash coming tho..
My question is do you think these coins might go up again after 25th Oct.?
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Svelto
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October 14, 2017, 05:06:23 PM
 #2

Currently BTC is rising rapidly which causes the altcoins to bleed. Most probably, this is because of traders selling altcoins and buying BTC to enjoy free bitcoin gold. My view is that altcoins will recover after the fork on 25 Oct.

On a side note, XRP has good news recently and the volume is picking up. Hopefully, the price will increase during the Oct event.
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October 14, 2017, 05:22:06 PM
 #3

They will go back up after BTG, people will take profits from BTC/BTG and move back in to alts.
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October 14, 2017, 05:29:39 PM
 #4

Hello!

After the last rise of BTC I lost 20% of my alts
Here are the coins I invested in:
NEO - bought at 0.0063
STRAT  - bought at 0.00074
QTUM  - bought at 0.012
XRP  - bought at 0.000054
OMG  - bought at 0.0017
WAVES - bought at 0.00088

I didn't see that market crash coming tho..
My question is do you think these coins might go up again after 25th Oct.?

Just HODL up and dont cut losses.Just like yours my portfolio is bleeding which most alts that i did invest are on negative which would really make you panic specially when you see 20-30% negative but well this is how market works and i would say prices would eventually recovered after these forking event on bitcoin.

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October 14, 2017, 05:33:04 PM
Last edit: October 14, 2017, 05:43:49 PM by javadsalehi
 #5

It won't last very long. Soon after the hard fork, every thibg will go back to normal. Of course I don't expect altcoin prices to fall very much than today's price.
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October 14, 2017, 05:42:04 PM
 #6

Hello!

After the last rise of BTC I lost 20% of my alts
Here are the coins I invested in:
NEO - bought at 0.0063
STRAT  - bought at 0.00074
QTUM  - bought at 0.012
XRP  - bought at 0.000054
OMG  - bought at 0.0017
WAVES - bought at 0.00088

I didn't see that market crash coming tho..
My question is do you think these coins might go up again after 25th Oct.?


Lol 20% thats nothing pshh. I think my overall portfolio got smashed by like 40% (I did have one big holding). But as per your question yeah I think that is a reasonable assumption to make. If the price of btc has been rising

because of btc gold then after btc gold snapshot happens it can only stand to reason that btc itself will likely retrace down some. This is my best guess though nothing is certain.

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October 14, 2017, 05:52:15 PM
 #7

This is in the nature of the game unfortunately. You need to be careful when you see dramatic rise in the bitcoin value. Altcoins are more vulnerable and make you lose money in cases like this. Only thing you need to do is not to panic and don't sell your alt coins. They will eventually gain value and turn to normal soon.

abcd7
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October 14, 2017, 05:57:36 PM
 #8

yes but all will come back to altcoins after btc balance so dont worry and everyone they will come back Smiley
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October 14, 2017, 06:26:32 PM
 #9

Last weeks have been crazy for altcoins. In my eyes, everything is on sale! Smiley
Of course, this happens because bitcoin is doing crazy good.
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October 14, 2017, 06:38:49 PM
 #10

In my opinion some alts have have not reached the bottom yet, others are very near. I think that in November we should expect some recovery but it depends on BTC. If it continues to rise alts will catch up. But what we see now people are dumping their altcoin holdings for BTC. There are 3 major reasons, IMO: 1. Upcoming BTC fork and "free coins"; 2. very quick BTC rise and FOMO associated with it; 3. Traders are just shorting their altcoin positions.



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October 14, 2017, 07:06:34 PM
 #11

Just hold. they will go up after this whole bitcoin people chasing the free money. Everyone has been moving money out of alts temperately so just be patient. In the meantime get into airdrops such as deeponion. Cant lose there.

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October 14, 2017, 07:27:16 PM
 #12

After 25 October I think altcoins will rise because after the 25th october everyone will sell bitcoin.
we just have to wait

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October 14, 2017, 07:33:20 PM
 #13

They will definetely rise, you need to be just patient. Your coins are good but I don't know at what price you bought them especially stratis.
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October 14, 2017, 07:35:12 PM
 #14

I bought a lot of Waves when the price was at 0.0012 each waves (around $4 by that time) and now waves is around $3,7 each one (and btc price of them is below 0.0007)
So i was in huge loss with them, that is why i decided to sell them yesterday so i bought some bitcoin with that money. I had a lot of money invested on waves, but i decided to turn to btc because it is the only one who is rising right now.
I dont know the reason of why all the altcoins are going down atm
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October 14, 2017, 07:37:01 PM
 #15

I think that all alts will recover somewhat after the fork, perhaps not to the levels they were at previously, but certainly to close and to a level which is similar in USD when you factor in how much BTC has increased.

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October 14, 2017, 07:43:53 PM
 #16

Not all went down today. Litecoin gained 8% on bitcoin.
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October 14, 2017, 07:49:19 PM
 #17

OP Bitcoin has done the same thing at one point or another as far as the price going down and I bet those people where saying the same thing that some of these threads popping up now are with regards to getting rid of bitcoin......

Look even some of the coins you have now are good log term investments that will be wroth probably a few dollars a coin as time progresses. Look at NEO, Dash, Walton, Ripple, ethereum......

All these coins where worth pennies at one point, just like bitcoin. One of these airdrop coins could be the next big thing for all we know. Some people someone how received about 70000 through airdrop of those ebtc and sold them at like 50 to cents each.
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October 14, 2017, 08:07:12 PM
 #18

They will come back for sure. Do not worry. Just wait 1 month without panic, do not sell with any loss. They will come back in the first bullish altcoin trend and many people expect it for next month Wink
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October 14, 2017, 08:26:55 PM
 #19

I'm hoping the altcoins come back up after the fork. It's too expensive to invest in btc atm.

Waves and komodo is what I'm going to buy next probably closer to the fork day
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October 14, 2017, 08:28:45 PM
 #20

AltCoins Bleeding

After the last rise of BTC I lost 20% of my alts
Here are the coins I invested in:
NEO - bought at 0.0063
STRAT  - bought at 0.00074
QTUM  - bought at 0.012
XRP  - bought at 0.000054
OMG  - bought at 0.0017
WAVES - bought at 0.00088

LTC is +23% in past 7 days and +9% in past 24 hours:

https://alts.com/

Heading to $100 - $150 (and 0.03 BTC) eventually.
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