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Author Topic: Altcoin Prices Will Down!  (Read 422 times)
sull.kureen (OP)
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May 04, 2018, 04:27:24 PM
 #1

According to my opinion, the Alternate cryptocurrencies Price will down for a while because ETH and BTC getting strength in this month. If we look at the depth market in all exchanges, especially Altcoins/ETH or Altcoins/BTC, you will see the contrast, supply and demand is not equal. Most of people converted their coins to ETH and BTC.

Here is some examples:


HitBTC Market:

XMR --> BTC



BSTN --> ETH



Indodax:



What do you think? Lets we discuses more. Cheers Smiley
    

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May 04, 2018, 06:16:48 PM
 #2

This is already a tradition in altcoin trading, the price will be against the rise of Bitcoin and ETH.
it's time to buy cheaply and prepare for the up front.
need the courage to get a low price, then enjoy a 20% profit in the near future.

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h55
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May 04, 2018, 06:51:04 PM
 #3

According to my opinion, the Alternate cryptocurrencies Price will down for a while because ETH and BTC getting strength in this month. If we look at the depth market in all exchanges, especially Altcoins/ETH or Altcoins/BTC, you will see the contrast, supply and demand is not equal. Most of people converted their coins to ETH and BTC.

Here is some examples:


HitBTC Market:

XMR --> BTC



BSTN --> ETH



Indodax:



What do you think? Lets we discuses more. Cheers Smiley
    

it is clear when BTC rais or fall we expect to effect on other coins. before buying any coin check the BTC status for be aware of some damages like this. if you can analysis BTC price, you can trade in the safe mod.
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May 04, 2018, 06:57:15 PM
 #4

This case is really normal and it'll not last too long. IMO I think it'll take about 1 month and after that when BTC and ETH price increased to the peak price, it'll be the time for altcoins to rise back.

At the moment, it's the good time to collect good altcoin with low price Grin. Hurry up guys don't miss this good chance Grin
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May 05, 2018, 10:31:12 AM
 #5

The situation is pretty normal, lets just hope and support every token be have a good future when it comes to value, as many are depending on their token value especially the tokens which are coming from the bounties and airdrops.

Prices of altcoins is predicted to slow down, as people tend to convert their money into ETH / BTC then to FIAT currency, in fact it is their harvesting period, as we have previous slow downs of all cryptocurrency prices, remember during 2017 where it is above 15k usd each bitcoin, a major loss to the holders and those who buy the currency, anyway its a normal moves to the market.

Have a great day

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May 05, 2018, 11:24:25 AM
 #6

According to my opinion, the Alternate cryptocurrencies Price will down for a while because ETH and BTC getting strength in this month. If we look at the depth market in all exchanges, especially Altcoins/ETH or Altcoins/BTC, you will see the contrast, supply and demand is not equal. Most of people converted their coins to ETH and BTC.

Here is some examples:


HitBTC Market:

XMR --> BTC



BSTN --> ETH



Indodax:



What do you think? Lets we discuses more. Cheers Smiley
    
Again back to form in Bitcoin and Ethereum so know only market is runs in the normal way. Because number of altcoins are available in the market but many good altcoins are growing fastly so shitcoins are not survive in all the time. Still many potential altcoins are raise in the Crypto market I think you are not understand the Crypto platform road map it is move to the right way.

 
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May 05, 2018, 11:57:22 AM
 #7

This is normal when it comes to cryptocurrency markets, but then again, if we think that the tokens or altcoins we hold is a good coin and has future, why try not to worry about the recent ups and downs of altcoins prices, a lot of traders nowadays converting their altcoins into BTC or ETH for the chance to make a profit, now as long as all altcoins are tradable to this main currencies, then we should not be worry about this, this is just a tradition long time ago.

And in fact, it does not last long, where all altcoins is down, some coins were performing well, just like the good ones.
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May 05, 2018, 12:10:18 PM
 #8

According to my opinion, the Alternate cryptocurrencies Price will down for a while because ETH and BTC getting strength in this month. If we look at the depth market in all exchanges, especially Altcoins/ETH or Altcoins/BTC, you will see the contrast, supply and demand is not equal. Most of people converted their coins to ETH and BTC.

Here is some examples:


HitBTC Market:

XMR --> BTC



BSTN --> ETH



Indodax:



What do you think? Lets we discuses more. Cheers Smiley
    
not all altcoin decreases as bitcoin and ethereum increase. all of that has been proven in some time ago when bitcoin rises then the market turns to average green.

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May 05, 2018, 12:14:37 PM
 #9

ETH is an altcoin so basically not all altcoins will go down, but if bitcoin continues to soar high in the coming weeks for sure altcoins may stop to pump because of FOMO on bitcoin. Altcoins will start to pump later on, just enjoy the price of bitcoin right now, its good to see this market on a bullish trend again.
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May 05, 2018, 12:16:32 PM
 #10

is not this a natural occurrence in the Altcoin trade. so it's time to buy when the price again decreases, but here in need of courage. if we dare to mean we just wait for the price to go up and after that we sell. of course this becomes an advantage for us.
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May 05, 2018, 12:32:51 PM
 #11

Altcoin prices will be downwards and sometimes upwards, this changes may depend on how Bitcoin is rated or how much it will grow or how big it will dropped, it is like natural phenomenon on Bitcoin and other coin price cycle.
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May 05, 2018, 12:44:02 PM
 #12

This is a fairly common situation for market, cause when BTC and ETH price increases people prefer to buy stable coins from first 10, and they sold ( or don't buy) altcoins and that's happening again and again. After seller will sell BTC or ETH they try to buy some altcoins cause they can give much more profit. In some time I think about 1 week will see how altcoins go pump. But in general some good alcoins can win the race from not so good alcoins. I bought one alt from 400 th palce and now tthey go down to 700th so that was not a good choice. Don't buy all, do your research before investing. Now some good altcons still undervalued.
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May 05, 2018, 12:50:17 PM
 #13

It's been like this even before. And it is normal. If ever altcoins go down again just go buy more and hold it until it becomes profitable again. We have nothing to fear here. Just make sure you invest money in altcoins that have a future like XRP. Focus on coins that have a small price.

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May 05, 2018, 12:55:49 PM
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 #14

To really benefit by increacing your satoshi or eth valuation you must time btc dominance cycles correctly.

If BTC dominance is very high it's the correct time to invest in alts.

As ALT dominance grows the strategy is to take profit into BTC.

As the market cycles repeat, this is how you increase your satoshi value

Every alt coin is currently paired against BTC or in some case ETH. What works now may not be the case in 6 months time but for the time being this strategy is definitely favourable to increasing your hold of BTC or ETH

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May 05, 2018, 03:46:21 PM
 #15

To make a decision on investing in altcoins or bitcoin only on the basis of BTC Dominance can be dangerously. While altcoins technologies are constantly evolving and bitcoin transactions are still slow and with large commissions, it is likely that BTC Dominance will decrease.
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May 05, 2018, 03:58:19 PM
 #16

ETH is an altcoin so basically not all altcoins will go down, but if bitcoin continues to soar high in the coming weeks for sure altcoins may stop to pump because of FOMO on bitcoin. Altcoins will start to pump later on, just enjoy the price of bitcoin right now, its good to see this market on a bullish trend again.
thats all the statement i was looking for . If it was only for bitcoin that was going up I would have agreed but ethereum rise had always helped other altcoin mostly coin from ethereum blockchain.

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May 05, 2018, 04:00:12 PM
 #17

There's nothing wrong with that. Ethereum and bitcoin are more stable and reliable coins. therefore, many go into them

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May 05, 2018, 04:58:46 PM
 #18

There is nothing surprising in that altcoin is falling and BTC and ETH are rising. This phenomenon is temporary, this has already happened.
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May 05, 2018, 07:19:01 PM
 #19

That is usually expected and is a wise way most traders use to make huge profits during such bull runs.Sell off and join the bull.However,some altcoins defy such odds especially when there is good news hovering around such coins.Investors want to pick them up at cheaper prices before it is too late.

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May 05, 2018, 07:44:05 PM
 #20

According to my opinion, the Alternate cryptocurrencies Price will down for a while because ETH and BTC getting strength in this month. If we look at the depth market in all exchanges, especially Altcoins/ETH or Altcoins/BTC, you will see the contrast, supply and demand is not equal. Most of people converted their coins to ETH and BTC.
    

as you show in your images, altcoins will be falling, this is for BTC raising if you check the market when BTC fall or raise, Altcoins falling. because people invest on BTC at these times.
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