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Author Topic: All coins are now dying, what do you think?  (Read 16581 times)
CoinEmperor (OP)
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October 15, 2017, 02:05:36 PM
 #1

The entire market is in the red. Everyone has lost money. What do you think?
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October 15, 2017, 02:12:50 PM
 #2

They are not dying they are just red due to the massive rise in BTC and ETH over the past week or so. Give it until the old stainless steel eating rods have been finished and you'll see the alts rise again. It happened last time the fork happened.

If your investments are all in altcoins I'd advise that you stop looking at exchanges for a couple of weeks and then come back to see some green candles!

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October 15, 2017, 02:19:13 PM
 #3

Yes, a lot of people are moving away from alt-coins so they can get bitcoin into their wallets for the fork(s).  Many people will get their Bitcoin Gold and Bitcoin SegWit2x and sell them immediately, then move into alt coins again.  Remember Warren Buffet's rule of investing:


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P1R4T3
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October 15, 2017, 02:22:03 PM
 #4

Its not dying just shifting, one day its all red next day its all green.
Just a market Smiley
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October 15, 2017, 02:23:05 PM
 #5

You only lose money when you sell. Equally you only gain money when you sell. Just because a portfolio is up 100%, it doesn't mean you have gained 100% unless you sell it. The same can be said for if a portfolio is down 50%. What I'm trying to say, is just hodl and be patient. Oh and don't buy s**t coins.

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October 15, 2017, 02:24:48 PM
 #6

Most of them are not Losing money in terms of USD but in terms of BTC numbers, so it is always better to keep BTC and not Alts for long Run, Just remind me of a reddit post where someone lost 60 BTC on Sia coin.
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October 15, 2017, 02:28:06 PM
 #7

The price of Altcoins are decreasing relative to the price of bitcoins. It doesn't mean all of them are dying. They are still stable relative to USD.


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October 15, 2017, 03:01:05 PM
 #8

i think that if you start to understand this market a little
you will know that the coins are not dying

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October 15, 2017, 03:05:41 PM
 #9

Just shut up and buy the dip, if you can. Or wait the recovery

 
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crazyjack
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October 15, 2017, 03:06:53 PM
 #10

The entire market is in the red. Everyone has lost money. What do you think?

Not even close, you only lose if you sell.

If there hasn't been a dramatic change about your desirable coin(s), you should buy even more.

Remember, money is created just in the opposite way the majority is doing.
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October 15, 2017, 03:13:37 PM
 #11

Nothing new actually. It's normal for alts to go red when BTC is surging up, but when the forks ends, I'll go green again so I suggest to take advantage of this situation and buy alts.  Grin
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October 15, 2017, 03:20:29 PM
 #12

All coins are now dying it was a fake news . I thing it is more passive for all and all Trader because now a day daily many many coin create a developer and those coin price day by day increase. Do you know bitcoin History and ETH coin past history ? Bitcoin and Eth and altcoin is a most popular in this world and it will be a Perfect future for all. Recently Japan create his won coin and it's price is now low and it will be a more value able in a short time.
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October 15, 2017, 03:20:43 PM
 #13

If you look at their 3 months charts yes they are dying but if you look at 1 year chart, it is okay  Smiley but most people cannot do that as they bought at ath
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October 15, 2017, 03:21:42 PM
 #14

You only lose money when you sell. Equally you only gain money when you sell. Just because a portfolio is up 100%, it doesn't mean you have gained 100% unless you sell it. The same can be said for if a portfolio is down 50%. What I'm trying to say, is just hodl and be patient. Oh and don't buy s**t coins.
Cryptocurrency are not to dye its just a beginning to shifting the arrangements. Bitcoin and Ethereum has reached in one place, so it is not dying anyway. Other altcoins are developed in the future, But it will take more time. A lot of the users follow the cryptocurrency chart. It is easily identified the current market.
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October 15, 2017, 03:27:44 PM
 #15

I think that you should not panic because the price of other coins is much lower than bitcoin, and if the price of bitcoin decreases, they too decrease, but do not die.

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October 15, 2017, 03:28:40 PM
 #16

As Everyone said is correct this correction of price in  Altcoins are due to the fork that is going to happen on Oct 25th so everyone wants to gain this free coins so that they can earn more Bitcoins through it. But as soon as they get the free coins they will sell it and buy back the altcoins they were holding it. So it is really good time to buy the good altcoin which are in low.
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October 15, 2017, 03:30:35 PM
 #17

The market is always all red. just don't be panic, it's normal in crypto market.
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October 15, 2017, 03:36:07 PM
 #18

Nothing is dying. Most is still up in comparison to months ago. There will always be small dips. Besides you should hold and stay strong. Chasing is a good way to lose, but holding you will grow. You just need patience.

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October 15, 2017, 04:01:15 PM
 #19

The altcoins aren’t dying. The market is in red because of the upcoming Bitcoin fork. After the fork, altcoins should recover. There are no losses if you don’t sell. In fact, many traders take this opportunity to buy more altcoins.
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October 15, 2017, 04:10:43 PM
 #20

Keep holding, don't be a weak hand and you'll be fine
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