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Author Topic: As Ethereum goes up alt coin buying comes down.  (Read 129 times)
samy_voc (OP)
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January 14, 2018, 08:00:25 PM
 #1

Since Ethereum and Bitcoin are expensive, Newbies cannot get in to purchase altcoins. It brings the whole market down.

What do guys think? Can't we have an alternate currency like Tether as a currency pair thereby avoiding the volatility.

Folks who have ethereum and bitcoin are the only ones who can trade more frequently now.
Pawka.lt
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January 14, 2018, 08:05:46 PM
 #2

Why "expensive" or "cheap" matters at all? If you have certain amount to invest, you can buy 0.1 BTC or 1000 unknown-coins. What is important if it will be +20% or -20% tomorrow.
goodGuyGreg
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January 14, 2018, 08:21:06 PM
 #3

With the advantage of cryptocurrencies that you can buy a fraction of a token, I don't think Newbies are prevented from participating in the communities and altcoins.

As the markets are shifting you are able to significantly increase your initial investment in short time. If you want a "steady" coin like dollar you can always just keep your dollars, no need for Tether i guess (same thing as buying for example Bitcoin).
Similificator
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January 14, 2018, 08:36:53 PM
 #4

Since Ethereum and Bitcoin are expensive, Newbies cannot get in to purchase altcoins. It brings the whole market down.

What do guys think? Can't we have an alternate currency like Tether as a currency pair thereby avoiding the volatility.

Folks who have ethereum and bitcoin are the only ones who can trade more frequently now.


Clearly, you do not have that much experience with trading. Because obviously, prices of bitcoins and ethereum really doesn't matter when it comes to buying them. Because prices of tokens in terms of bitcoin adjust in the price rise of bitcoin. Say a thousand token of an anonymous coin is $100, you eill only get bitcoins or ethereum of the same amount minus the fees of converting and sending. That is how it is.

But if you are referring to the fees, then both newbies and not will have a hard time investimg due to fees. Unless they are planning to invest huge amounts, they will not enjoy investing at times like this.
mrtryonebiggums
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January 14, 2018, 08:51:17 PM
 #5

It isn't Ethereum that is making the markets red there are a lot of variables that go into that happening. Most probably, traders are profit taking from a couple days worth of good runs and everything should be back to normal soon. Also ROI is the most important aspect when considering markets not the price you pay up front.

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January 14, 2018, 09:06:13 PM
 #6

Since Ethereum and Bitcoin are expensive, Newbies cannot get in to purchase altcoins. It brings the whole market down.

What do guys think? Can't we have an alternate currency like Tether as a currency pair thereby avoiding the volatility.

Folks who have ethereum and bitcoin are the only ones who can trade more frequently now.
No matter how much anyone has, once you are passionate about cryptocurrency investment, you can jump on the train with what ever you can afford. Over time, you would see what you have done for yourself.

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neolite
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January 14, 2018, 09:48:47 PM
 #7

Tokens based on Ethereum are also going up not all some of them.I think the entire market in future will have ethereum as indicator.

ImHash
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January 14, 2018, 09:56:43 PM
 #8

Genius it has been like this for thousands of years, The rich will always get richer, They have always the opportunity to get more, In crypto it has become worse, Since you have mentioned USDT, You have your answer, Buy more of that centralized crypto dollar to have the same odds as the guys in bitcoin and ETH Cheesy
nata777
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January 14, 2018, 10:15:46 PM
 #9

I consider that it is necessary to risk and buy  new unknown coins for anyone, and on account of stability it is better to keep money in dollars and not in usdt, because the usdt is not trustworthy
bitcoinvestor
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January 14, 2018, 10:20:49 PM
 #10

Ether and BTC is high, you need a lot of cash to have them. You can get DCN or other tokens. You can also invest in Minexcoin. ATB , NEO or EOS. They are great coins form reputable developers. You can have a lot of coin with only 500 USD. I think they are good coins.
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January 14, 2018, 10:25:50 PM
 #11

Why "expensive" or "cheap" matters at all? If you have certain amount to invest, you can buy 0.1 BTC or 1000 unknown-coins. What is important if it will be +20% or -20% tomorrow.
The important part is that most coins are expensive, having 1,000 coins would be worth a lot of money. A 20% increase would be a nice investment.

 
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cryptopan
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January 14, 2018, 10:54:53 PM
 #12

Because these two are major cryptocurrencies,new alts and existing alts are declining because one or these two are moving ups and downs,BTC is more dominant in the market thats why most of the alts are declining even the BTC goes up or down,sideways will make altcoins grows.

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bamboylee
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January 14, 2018, 11:17:49 PM
 #13

Eventually there will be a new market that can be paired with any altcoin. Crypto market is still very young and there are lots of possibilities. But right now, we have to bear with what we have. NEM was created from scratch and its blockchain technology is different from bitcoin. It can emerge someday as a new market. You can take advantage of it while it is still cheap.
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January 14, 2018, 11:21:30 PM
 #14

Since Ethereum and Bitcoin are expensive, Newbies cannot get in to purchase altcoins. It brings the whole market down.

What do guys think? Can't we have an alternate currency like Tether as a currency pair thereby avoiding the volatility.

Folks who have ethereum and bitcoin are the only ones who can trade more frequently now.
You can buy tether anytime and what's wrong with that? That's why the early adopters will always become a winner at this time. They are buying the cheap coin and then there is a lot of increase in the majority of crypto since the bitcoin soar a lot. Ethereum and bitcoin give a huge impact on the crypto market.

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Pawka.lt
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January 16, 2018, 06:34:38 AM
 #15

Why "expensive" or "cheap" matters at all? If you have certain amount to invest, you can buy 0.1 BTC or 1000 unknown-coins. What is important if it will be +20% or -20% tomorrow.
The important part is that most coins are expensive, having 1,000 coins would be worth a lot of money. A 20% increase would be a nice investment.

I mean if one invests 100$ and price increases by 20% - it is not important if he/she owns cheap 1000 coins or 0.01 expensive one. Total balance will be 120 USD still.
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January 16, 2018, 01:15:04 PM
 #16

Why "expensive" or "cheap" matters at all? If you have certain amount to invest, you can buy 0.1 BTC or 1000 unknown-coins. What is important if it will be +20% or -20% tomorrow.
The important part is that most coins are expensive, having 1,000 coins would be worth a lot of money. A 20% increase would be a nice investment.

I mean if one invests 100$ and price increases by 20% - it is not important if he/she owns cheap 1000 coins or 0.01 expensive one. Total balance will be 120 USD still.
If you have 1000 coins with a current price of $0.0005 when it gets pumped and hits $5 You will get 10,000% profit.
Buy cheap coins now if they are listed on CMC.
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January 16, 2018, 01:18:15 PM
 #17

The great advantage of cryptography is that you can buy some fate from the same BTU or other coins, and therefore even novices will be able to trade at the exchanges
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