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Author Topic: what's happening with Altcoins !  (Read 661 times)
mikyadel (OP)
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December 10, 2017, 11:48:45 PM
 #1

hey guys ,
i'm a trader but since btc got pumping and and still no correction all altcoins is going down , maybe there price is going up in dollars but i trade vs btc ,so i'm losing and can't trade as long btc go higher and all coins go down , i'd like some advice on how are you doing with these movement

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December 10, 2017, 11:56:08 PM
 #2

First of all Bitcoin price is being corrected now and it has dropped to 15000 dollar from 18000 dollar.
I think altcoins will rise in price soon after bitcoin price becomes more stable. If you have lose some amounts of money be patient and do not panic.
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December 11, 2017, 12:01:24 AM
 #3

And this is why I don't do trading myself (at least day to day). Real fortunes in crypto have been made by holding into the good coins and not trying to trade ones agains the others.
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December 11, 2017, 12:27:03 AM
 #4

I agree with everyone else. I think crypto is great to hodl, not trade. People end up wasting hundreds of hours trading only to be behind on profits.
mikyadel (OP)
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December 11, 2017, 12:30:32 AM
 #5

First of all Bitcoin price is being corrected now and it has dropped to 15000 dollar from 18000 dollar.
I think altcoins will rise in price soon after bitcoin price becomes more stable. If you have lose some amounts of money be patient and do not panic.
i'm not panicing but every time i trade i suppose that btc will be stable and boom all altcoin dump and it's really annoying  . i just wanna know how other people do day-trading with these fluctuations in market

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December 11, 2017, 12:33:08 AM
 #6

people are dumping the alts to be able to get bitcoin forks i believe...
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December 11, 2017, 12:34:27 AM
 #7

now temporay altcoin go down and don't be panic sure tomorrow will pump again. just relax guys

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December 11, 2017, 12:35:50 AM
 #8

people are dumping the alts to be able to get bitcoin forks i believe...
I forgot about all the forks that are coming out. Do you know if we get the splits from forks if we keep our coins on coinbase? I know for coins kept on blockchain, you can get the equivalent amount but I'm not so sure for coinbase.

As for the fall of altcoins, relax you'll be fine. Day trading is risky so just hold onto some good coins and watch the news.

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December 11, 2017, 12:48:12 AM
 #9

You really should take the emotion out of it. You sound like you’re panicking. Are you over trading by any chance? When the alts I hold go down, i buy more of them. If I’ve spent all my money, I sit on the sidelines. Do more research. Some alts still up vs btc. Forcing a trade will make you make bad decisions.
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December 11, 2017, 12:49:10 AM
 #10

I still see the ones I pay attention to higher than where they were, say a couple weeks ago. While they might not have done as well as the likes of LTC, still good.
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December 11, 2017, 12:51:15 AM
 #11

hey guys ,
i'm a trader but since btc got pumping and and still no correction all altcoins is going down , maybe there price is going up in dollars but i trade vs btc ,so i'm losing and can't trade as long btc go higher and all coins go down , i'd like some advice on how are you doing with these movement

When I did the heft of my altcoin trading as a rule alts generlly trended down, it's actually occured to me how different trading on an up trending market is..

In downtrending with no margin basically you are trying to flip the dead cat bounces along the way..

Also sniff out the hype around this and that.. Could find something about to go up..

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burnum
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December 11, 2017, 01:13:48 AM
 #12

Looks like some people buy alot of coins while alts are in the red, I see some green candles that have some very heavy btc flowing into the coin in the last few hours, so what is happening with Altcoins??? They are on the way back up after a day in the red?

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December 11, 2017, 01:24:17 AM
 #13

It is only recently and only if you measure it against BTC that you can make a case for the alt coins performing poorly. If you look at their index against the dollar they have been performing extraordinarily well. http://crix.hu-berlin.de/

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December 11, 2017, 01:34:45 AM
 #14

I dont do trading with alternative currencies i believe that holding it is more profitable cause once bitcoin rises the price of all altcoins goes down and it is not good if your heavily invested in one altcoin currency that has having trouble to increase it's market cap and price that competes with btc. But bitcoin is now in price correction the price has dropped to $18k to $15k usd so some amounts may be going back again alts so the price may pump once again.

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burky155
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December 11, 2017, 01:39:11 AM
 #15

Altcoins are just like lotteries, you get some and forget about it for a 6 months at least. That's the best path you can follow in this way i guess.

One more thing, you should watch this one: https://www.youtube.com/watch?v=Hji-EA3aJPU

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December 11, 2017, 02:26:45 AM
 #16

Nothing can go up all the time. When it goes up to a certain point, someone will choose to sell, which is normal. If it is a bull market, it will continue to rise until the bubble.

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December 11, 2017, 02:54:40 AM
 #17

hey guys ,
i'm a trader but since btc got pumping and and still no correction all altcoins is going down , maybe there price is going up in dollars but i trade vs btc ,so i'm losing and can't trade as long btc go higher and all coins go down , i'd like some advice on how are you doing with these movement

We were in the same boat a few days ago. I had a lot of my BTC in altcoins hoping i would increase my BTC by trading alts. Sadly, bitcoin is so bullish right now it seems unstoppable. Judging by the way its being bought right now i believe it could even reach new all time highs. This means its time to take some losses and sell altcoins before bitcoin pumps again. You can buy them back once bitcoin reaches new heights. Its hard but you have to accept it and make the smart trading decision. Sell at a loss so you can at least buy more of your altcoins when bitcoin surges upward.

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December 11, 2017, 03:18:56 AM
 #18

It was dead for like 2 months.

Now finally its going up again.

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December 11, 2017, 03:30:54 AM
 #19

hey guys ,
i'm a trader but since btc got pumping and and still no correction all altcoins is going down , maybe there price is going up in dollars but i trade vs btc ,so i'm losing and can't trade as long btc go higher and all coins go down , i'd like some advice on how are you doing with these movement
Oh, sorry to hear that guys. The next you must be carefully. Sometimes maybe like that.  I see bitcoin graphic in market for many times bitcoin is higher than altcoin Smiley
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December 11, 2017, 03:40:52 AM
 #20

It was dead for like 2 months.

Now finally its going up again.

Now is the time for altcoins to pump, I believe all good coins will pump higher in 2018. Just be more patient because this is cryptocurrency that defines the future. Better to hold more coins now and see your profit after years. Always trade with your strategy and you can win in this market.

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