Altcoin bleeding. When does it stop

[Lareina]

This is the biggest bloodshed in this year's history. I wonder if someone is selling coins by malicious means to prevent the rise of encryption.

[bitcoinman93]

everything is  going into bitcoin and all the smart money is buying up bitcoin cheap waiting for the etf to approve .When bitcoin moons money will flow back into alts

I'm having a lot of fun hearing about this etf this etf that. The price was already 20k before majority of people here ever heard of etf. Then it's not approved and the price dips because they are afraid

[AliciaAndrews12]

Most people are just insane for holding and not getting a usd coin to hold the downtrend

[manggis97]

In crypto  market now more than 50% Bitcoin dominance,  because many trader sell their altcoin for BTC and so far not any new money come in to crypto market.  The price of many altcoin been going down to more than 90%, so its to late to sell it,  and for the better hold it in 1 or 2 years untill the price going up back to 10 times again. News of Bitcoin ETF really make big impact to crypto market,  so when this Bitcoin ETF approved will be more new money come in to crypto market and altcoin will going up again.

[hengha]

The best option is still to buy Bitcoin and hold it because it is still the best cryptocurrency available, and even ETH is not worth holding for a long time!

[joel123]

Altcoins are indeed bleeding. The streets are no longer friendly and almost every one is worried and hoping that this comes to an end pretty soon. However, I think that this phase will indeed pass by, and the best that we can do now is to take an advantage out of this bearish market and buy more coins now that they are cheaper.

[Jeremiesaranza]

I already learned that lows are lower and don't call for a bottom. I think in September it can stop and go up a bit (but not like crazy bc there is no new money)

[Lima0396]

I don't really think that this bleeding will stop anytime soon, because I did not see any measures to stop it
There should be some procedures that should be taken in order to contain or stop the bleeding.
Bounty hunters should stop dumping their tokens immediately after receiving them for peanuts.

[kvipcn]

I don't Altcoin is bleeding. Cryptocurrency works on the principle of demand and supply. The fall of the price of altcoin prices is as a result of the increase in the demand for bitcoin. A lot of people are trading for bitcoin. The market price of altcoin will be reaching the moon very soon...

[Kurokonobasuke]

Bitcoin reached already Resistance at 11.6k and failed for now. Can we predict an Altcoin recovery as soon as bitcoin corrects to 10k ? oR do altcoins recover first if bitcoin is stabilized?

I actually do not know if i should hold btc or buying cheap alts or waiting till alts start to recover.

i would appreciate an experienced answer.

It is not only Bitcoin's market valuewhich is falling but the majority of the market including altcoins. The bledding is continuous from the start of this year up until the present. This continuous dump made the market value of most cryptos to be downed as much as 60% of their highest market value last year. The simple solution is to just hold and wait.

[Open4lies]

A topic from the beginning of 2018, when the altcoins rate dropped sharply and dropped by more than 60% of the exchange rate from the end of 2017. And this time the exchange rate continued to fall further, the ETH rate has dropped to $ 250, and the big possibility in 2018 will be the sad year of the cryptocurrency market.

[automail]

First of all, bitcoin recovering from its price doesn't mean that the altcoins will recover as  well. However when we traded our alt, we will convert it anyway so the monetary value of the coin will increase. From what I read, the btc pump will start by December 2018. No one can really tell how btc price goes especially now that its not showing any signs of pump base on its trend.

[Emilyp]

The market is really strange and difficult to understand. When Bitcoin is falling, altcoins fall with it but surprisingly when Bitcoin start to break out altcoins even fall farther

[abanansah]

There is no specific time to determine altcoins are coming to an end. I think this bearish market is part of the way the market behaves and as it go up so as it come down. The only assurance is to have a proper money management in place in order to sustain yourself in this bleeding market.

[ivankoh]

Bitcoin reached already Resistance at 11.6k and failed for now. Can we predict an Altcoin recovery as soon as bitcoin corrects to 10k ? oR do altcoins recover first if bitcoin is stabilized?

I actually do not know if i should hold btc or buying cheap alts or waiting till alts start to recover.

i would appreciate an experienced answer.

It is not only Bitcoin's market valuewhich is falling but the majority of the market including altcoins. The bledding is continuous from the start of this year up until the present. This continuous dump made the market value of most cryptos to be downed as much as 60% of their highest market value last year. The simple solution is to just hold and wait.

The market is in a very bad direction and investors can set their own strategies to be able to go along and survive the same cryptocurrency market. I hope that the cryptocurrency will not stop here and its future is very good.

[amanarora_1]

Everything is happend because of Bitcoin fall down, it shows that how important is Bitcoin in cryptocurrency for other altcoins. If Bitcoin bleed, other altcoins also bleed. The bleeding is continous falling from last 7-8 months, but i think in october, it will stop and start recovering. At end of this year, everything goes normal and specially bitcoin hit $15k or more!

[Grim149x]

I believe it's about to stop as it's being adopted slowly in the world. People will realize its value and start buying into it too. This is also normal in the past as around 90% down and people panic like crazy but you have to control your emotions.

[Azna Azhar]

Altcoins are indeed bleeding. The streets are no longer friendly and almost every one is worried and hoping that this comes to an end pretty soon. However, I think that this phase will indeed pass by, and the best that we can do now is to take an advantage out of this bearish market and buy more coins now that they are cheaper.

Yes, of course the bloodshed will end, but sometime and hopefully it will end quickly because it has lost too much. Buying is a good choice to start or increase the amount of investment because the price of each coin tends to be cheap.

[nitrinto]

I believe that we should keep our investments and the market will recover. in the future, for sure, prices will return and grow higher, and we will get our profit.

[JCO05]

No one really knows when will this situation be changed. The market at this moment is the total opposite of what happened last year wherein the market value are all at their peak. Needless to say but being patient is what we can all do and wait for recovery to happen. Some are expecting that it'll be on december but still, that's just prediction and assumption.