Altcoin Prices Will Down!

[creeps]

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

Mostly if bitcoin is pumping, some altcoins are dumping but this situation is different now simply because some altcoins are now following the trend of bitcoin especially with ETH which is also an altcoin. Reading chart is ok but I think its hard use it in this kind of market.

[BTCITA187]

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

Mostly if bitcoin is pumping, some altcoins are dumping but this situation is different now simply because some altcoins are now following the trend of bitcoin especially with ETH which is also an altcoin. Reading chart is ok but I think its hard use it in this kind of market.

For some reason I think altcoins don't follow to the BTC now. Because yesterday when BTC went up most of alts, especially from 300-700th places went down, maybe people sold it and tried to buy BTC before 10 000, but unfortunately BTC couldn't get 10 Grand. I really hoped that BTC can get 10 000 yesterday. I think that would be very important sign for all market, not just for traders but for the people too. When they will see how BTC rising again they believe in crypto and won't think that crypto is a scam. 

[pidonkmo]

I think this situation is normal. Because the trading will be in high and low prices.  So if the prices is down, it is a good time to buy the coin. Then sell it when the price is high.

[Suggest]

BTC is greatly affect the price of Altcoin others. from my observations so far when BTC up altcoin also rises. and the problem between market selling and buying market is not balanced. it's common because everyone wants a sizeable profit. so it takes precision and also courage to decide which Coin we want to buy.

[tukagero]

If bitcoin price goes down so does altcoin price too. Some coins maybe not affected by the down of bitcoin price but majority of all the altcoins that once bitcoin price declined , altcoins will follow.

[MainIbem]

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
    

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.

I have a contrary view. It has been observed that other coins move along with bitcoin and ETH and not opposite. A fall in bitcoin will mean a fall in almost all other coins. Therefore market watch will indicate that the altcoins will soon follow. Check coinmarketcap.com to confirm this movement.

[BlackPanda]

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

Mostly if bitcoin is pumping, some altcoins are dumping but this situation is different now simply because some altcoins are now following the trend of bitcoin especially with ETH which is also an altcoin. Reading chart is ok but I think its hard use it in this kind of market.

Only the top ten coin has the prospect of improving. while the coin is new and can be said to be coin with low transaction volume then it will be very difficult to compete. Some popular coins like Etherum, Ripple and EOS can then be enough to keep up with the Bitcoin price movement. It can be said that only a few coins can survive and most coins will disappear.

[wack slacker]

a super DIP today, and I am still seeing this post on top ((
people convert their coins to BTC just because of that all shit coins just going down, no sign that they would stop....
30% of my balance gone away today...

[wxa7115]

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 . Hurry up guys don't miss this good chance

I don't know if we are going to reach the peak price of bitcoin and ethereum so soon but I have no doubt that this is the moment to collect as many altcoins as possible, the prices are very good and it's possible that we are not going to see those prices again very similar to what happened in the previous year, so you do not want to let go of this opportunity that may never present itself again.

[jvdp]

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 . Hurry up guys don't miss this good chance

I don't know if we are going to reach the peak price of bitcoin and ethereum so soon but I have no doubt that this is the moment to collect as many altcoins as possible, the prices are very good and it's possible that we are not going to see those prices again very similar to what happened in the previous year, so you do not want to let go of this opportunity that may never present itself again.

You have incorrect understanding about the bitcoin and ethereum as I got your point mate. Please do not invest you fund on all the cryptos as like that instead think well when we will find the bitcoin and ethereum can go bigger in the market.
Maximum it takes 5 months from now right to see the peak value both this coin.
So plan it accordingly and invest on the btc and eth as much you can. I hope you will not loose the profit for sure. These coins will give better profit than any coin.

[Dimon8]

Prices for altcoins will decrease, then rise, this is a natural process. The main question is how to determine the right time to purchase a good altcoin.

[Quidat]

a super DIP today, and I am still seeing this post on top ((
people convert their coins to BTC just because of that all shit coins just going down, no sign that they would stop....
30% of my balance gone away today...

Seems like you aren't get used to volatileness of bitcoin and other coins as well.For now we are seeing reds everywhere and cap goes down and prices as well but altcoin do head the same trend with btc. Accumulation phase would begin ones again before the bull run which market is just shaking of weak hands. Just hold up as long you didn't sell off your balance or coins it wont be considered as a loss.

[CopMom]

There is a general tendency for you to realize that if the exchange rate of BTC and ETH increases, the exchange rate of altcoins will fall sharply because investors will exchange from altcoins to BTC and ETH to hold to profit from Raising the exchange rate of BTC and ETH. So if you are keeping altcoins then consider switching to ETH or USDT to wait then evaluate the market and make an investment decision.

[liuqi]

Prices for altcoins will decrease, then rise, this is a natural process. The main question is how to determine the right time to purchase a good altcoin.

It is not a natural process because altcoins price is fixed in supply, demand and marketcap so we should choose the right platform it will down in sometimes but again this will fastly pump in the market. One more possibility this will continuously down we only afraid in altcoin investment so choose best project then invest this will never failed in the market.

[iljamlnk]

Naturally, many people come to the real estate sphere for profit. And this circumstance is greatly facilitated by the fact that Bitcoin continues to grow.

[HLB11]

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.

H

[South Park]

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.

If you're an investor and you want to get profits, and I suppose that any investor wants that then you need to be a risk taker, this is why we are in this market, if I wanted very low gains I will invest in stocks or in bonds, but if I were to do that the chances of improving my way of life in a significant way will be very low that is why I'm willing to take the risk with bitcoin and some altcoins.

[AAlex48]

Correlation is, but not always, and when the bitcoin and ether are rising, the market will go up as a whole and this will also affect positively on the violas.

[Bento98]

is not that something like this is usual za, later would also rise again. I think altcoin is following the price of ETH and BTC, so if the price of BTC, ETH up can already be in the Altcoin price also rise and vice versa. so this is the perfect time to buy Alcoin.

[Esterklu]

I dont know about down, may be i am lucky, but i see a lot of coins doing very good last days. Sometimes i think somebody wants us to think everything is going down to make everything skyrocketing up.