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Author Topic: Altcoin trading is very bad now.  (Read 1883 times)
masterchief001
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October 21, 2017, 10:20:32 PM
 #21

when the Bitcoin price keeps going up what are you doing now? hold it or be traded with altcoin.
I'm stuck in a very difficult situation now. I suffered losses in some altcoins that I bought for a high price. some rumors say that prices will be rebound back next month.
However, I'm confused better to hold altcoin and sell it after the price recovers or sell all altcoin to get BCG?
someone please give me some advice  Cry Cry

Never trade bitcoin with altcoin when bitcoin goes up. That's a mistake most people are making. They think it is the best way to make a profit. But bitcoin and altcoin are always contradictory, as bitcoin increases rapidly, altcoin is also severely reduced.
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KaliLinux
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October 21, 2017, 10:30:14 PM
 #22

Altcoins never been up for every time and that too face fluctuation in market.
The main reason for dropping will BCG launch. So altcoins will regain its position after hard fork. I would recommend you not to sell your altcoins because of market weakness. If you have a thought of long term holding then you shouldn't be worry about it.
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October 21, 2017, 10:40:33 PM
 #23

seems like lisk especially is just on a steady but slow decline.....where's all the updates
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October 21, 2017, 10:46:02 PM
 #24

I dont understand why everytime that bitcoin goes up, altcoins go down, i dont get it, wasnt it supposed that altcoins were following bitcoin's price trend? It doesnt make any sense at all, because they are doing all the opposite to them. Bitcoin did more than 20% in the last week, and all the altcoins are down by 20 or 40 percent, and my portfolio is bleeding, i am lucky that i did not put all my funds on altcoins.


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October 21, 2017, 11:22:04 PM
 #25

i agree altcoin trading is very bad to invest for now but i think maybe in this coming week altcoin investment comes in good condition to invest i don't understand what happen to altcoin today bitcoin price rises in the marketcap but altcoin not goes uprise like the bitcoin.

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October 21, 2017, 11:27:39 PM
 #26

I'm trying to study the best alts to get into until the fork. It's the perfect time to buy these dips. Sys, neo, eth, ltc and a bunch others that are looking very appealing.

This is the best thing to do OP. Research and study first the alts before making a purchase. It is expected for the price of alts to go down before the fork therefore it is also a good time to buy. Maximize your investment by researching and dtermining which one has the most potential. Some alts out there are still worth trading because they may experience a price increase after the fork or in the future.

Instead of purchasing BCG, why not buying some bitcoin instead? I still think that it is a better investment.

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October 22, 2017, 08:26:49 AM
 #27

when the Bitcoin price keeps going up what are you doing now? hold it or be traded with altcoin.
I'm stuck in a very difficult situation now. I suffered losses in some altcoins that I bought for a high price. some rumors say that prices will be rebound back next month.
However, I'm confused better to hold altcoin and sell it after the price recovers or sell all altcoin to get BCG?
someone please give me some advice  Cry Cry
if you store many altcoins  then again we can state everything in into it,it would be better for you to hold it immediately other than dispose of it. t's not by any stretch of the imagination adequate for you to offer it simply need to get a free coin from the chain split. To be honest,in my sentiment it's the best time to get into altcoin. since our pump caused a considerable measure of altcoins underwater,but bear it in your mind that everything will be back soon after the cost is diminishing. Bitcoin will never pumping everlastingly and sometime it will diminish/declining because of fumes. simply continue holding it and offer it higher than your purchase arrange
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October 22, 2017, 09:40:27 AM
 #28

Indeed it's looks not good for now because the price tends to decrease in Altcoins, but if it's already doing Altcoins trading it doesn't mean to sell it without thinking a long at nowadays.. it's good to keep holding and be patient until the price can moving up again, I think it will definitely going up again.. and I'm sure Altcoins trading will be crowded back in demand to many people.

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October 22, 2017, 09:49:25 AM
 #29

After november, BTC will go down, due to mass sell, right after when people will get BTC Gold
I doubt. The trade would be between BTC and BTG which is not BTC and USD, right? Maybe it would be possible trading between BTG and USD but  not right away and we still don't know about the community's response whether they would support or not.
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October 22, 2017, 09:56:31 AM
 #30

If you have a knowledge of altcoin trading then you will realize that this is the best time to invest in altcoins as with the increase in price of bitcoins all the price of altcoins has gone low and if you invest in some reputed coins now and hold for next couple of months then it will give you best returns on your investments.

The current price trend of altcoins is like usual - unpredictable. The pump in bitcoin is happening and people are buying bitcoin before the fork. So I wold like to reiterate what I always tell people about trading which is patience. Because of the price pump of bitcoin and dump of altcoin you may seem to lose money from investing in altcoins. However after the fork bitcoin will dump and altcoins will rise. So just be patient and hold them for now.

R


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lisa255
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October 22, 2017, 09:57:08 AM
 #31

Now the fork will be November and see how the alt react to it. If you do not continue to grow, this is a very alarming signal.

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October 22, 2017, 10:13:26 AM
 #32

when the Bitcoin price keeps going up what are you doing now? hold it or be traded with altcoin.
I'm stuck in a very difficult situation now. I suffered losses in some altcoins that I bought for a high price. some rumors say that prices will be rebound back next month.
However, I'm confused better to hold altcoin and sell it after the price recovers or sell all altcoin to get BCG?
someone please give me some advice  Cry Cry
if you store many altcoins  then again we can state everything in into it,it would be better for you to hold it immediately other than dispose of it. t's not by any stretch of the imagination adequate for you to offer it simply need to get a free coin from the chain split. To be honest,in my sentiment it's the best time to get into altcoin. since our pump caused a considerable measure of altcoins underwater,but bear it in your mind that everything will be back soon after the cost is diminishing. Bitcoin will never pumping everlastingly and sometime it will diminish/declining because of fumes. simply continue holding it and offer it higher than your purchase arrange

Its not good timing for selling alts, I sold mine before bitcoin rise and for now I'm holding bitcoins, I plan to sell before the peak and buy some cheap alts again. Alts are going down but they will recover, some of then will make good progress after new bitcoin fork, many people hold bitcoins now and I'm one of them, I wish to get more bitcoin gold coins, and only after that I plan to continue with trading.
Who missed to sell on time should wait now, or to risk and sell everything for bitcoins hold for couple days and let bitcoin to rise a bit more and then rebuy alts, how times passing this is more risky and less profitable.

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October 22, 2017, 10:16:17 AM
 #33

I agree  that alt coins are in a very bad shape,  almost all of them are red and very unstable,  I am the person that going to sell all of my altcoins to buy btc,  it is not that I am waiting for the bitcoingold but I think for now it is more profitable to hold bitcoin and I believe in the next two months the  bitcoin price will keep on going
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October 22, 2017, 10:38:59 AM
 #34

when the Bitcoin price keeps going up what are you doing now? hold it or be traded with altcoin.
I'm stuck in a very difficult situation now. I suffered losses in some altcoins that I bought for a high price. some rumors say that prices will be rebound back next month.
However, I'm confused better to hold altcoin and sell it after the price recovers or sell all altcoin to get BCG?
someone please give me some advice  Cry Cry
will be the occurrence of hard forks that make altcoin value decrease, but I believe the value of altcoin will increase again, holding for a long time and not panic to sell all the coins you have of course it will be better and can be very profitable
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October 22, 2017, 11:48:19 AM
 #35

when the Bitcoin price keeps going up what are you doing now? hold it or be traded with altcoin.
I'm stuck in a very difficult situation now. I suffered losses in some altcoins that I bought for a high price. some rumors say that prices will be rebound back next month.
However, I'm confused better to hold altcoin and sell it after the price recovers or sell all altcoin to get BCG?
someone please give me some advice  Cry Cry

I think you should be ok after the forks are over. The same thing happened with bcash. After the fork ended, and people managed to dump their free coins, they then invested it back either into the main coin or into alts. So all the capital raised from these two forks, should then be tunneled back to BTC and alts. Selling now and buying BTC would still be a good option. After the forks are gone, you should analyze the situation again.

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October 24, 2017, 06:58:37 AM
 #36

I agree  that alt coins are in a very bad shape,  almost all of them are red and very unstable,  I am the person that going to sell all of my altcoins to buy btc,  it is not that I am waiting for the bitcoingold but I think for now it is more profitable to hold bitcoin and I believe in the next two months the  bitcoin price will keep on going
Altcoin for now yes it is in the very bad shape if you are trying to trade as of now but kindly wait in a next few months or after the hardfork that will happen everything will be back in green color but as of now that the price and the situation of some altcoin are in yhe red you must not to trade.
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October 24, 2017, 09:40:34 AM
 #37

ETH LTC DASH NEO XMR are those coins that people will rotate into when they moved out of BTC for Bitcoin Gold based on coinmarketcap chart.
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October 24, 2017, 09:45:53 AM
 #38

If you have a knowledge of altcoin trading then you will realize that this is the best time to invest in altcoins as with the increase in price of bitcoins all the price of altcoins has gone low and if you invest in some reputed coins now and hold for next couple of months then it will give you best returns on your investments.

Those with good knowledge will never say that now is a good time to trade altcoin. Because bitcoin has a tremendous impact on the value of altcoin, bitcoin is in the process of being unstable, any changes made to it can cause altcoin to go down.

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October 24, 2017, 09:55:34 AM
 #39

Traders prefer altcoins to make profit in less time. Now the scenario is different, that it's impossible to make short term earning investing into altcoins. The price is not moving high, it seems to be stagnant around a limit and in unexpected time the decrease in value taking place causing it to go low marked in red.

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October 24, 2017, 09:55:36 AM
 #40

when the Bitcoin price keeps going up what are you doing now? hold it or be traded with altcoin.
I'm stuck in a very difficult situation now. I suffered losses in some altcoins that I bought for a high price. some rumors say that prices will be rebound back next month.
However, I'm confused better to hold altcoin and sell it after the price recovers or sell all altcoin to get BCG?
someone please give me some advice  Cry Cry
OP, I guess you got into losses in buying altcoins because you always bought at the tip, not the dip. Buying altcoins is a good business. But you must know how to buy right. By the way, the so much publicized BTG was dumped by many yesterday at exchanges that listed it and made good money from it.

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