altcoins dip what to do?

[Gandapas]

Some alternative coins give a good profit. The price of many alternative coins began to go up. I think this is a good time to invest in such coins.

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[coinbirds]

When the whole market is declining together with BTC altcoins are suffering even worse as people selling them in panic.
It does matter which altcoins you are holding as many of them will not recover after the "bloodbath".

[MiniMountain]

The market goes up and down which I think the nature of crypto and if you look back on late 2017 to early 2018 we experienced a huge price growth in the market so it makes sense that we also experience a huge downfall.

[Melo20]

With large cap altcoins pumping, it is easy to give in to emotions and buy the dump. However, patience is still required in a bull market to avoid losing money after buying the highs.

[Petchant]

As for me if any of the altcoin that am holding for short term suddenly dip, what am gonna do is to sell it and reduce my loss because it might not rise again especially if the project is not well grounded and am just using it build my portfolio.

[dominos]

In the first wave remember to have more blue-chips and really good projects in the next wave you can start to think about investing in some more speculative currencies.

[cryptowolfsu]

If you did not sell your  coins until now  you have to wait a bit more as the market has started recovering.
Not all the alts will recover we have to be prepared for that, the useless coins won`t.

[Rimueng tuha]

Crypto currency movements are indeed very fast and rapid. A few months ago the price of the crypto currency was still very bad and it went down but now the crypto currency has improved considerably. Indeed this is the ups and downs of the market, so even though the situation is still below, it does not mean losing hope. By looking at this situation, we must not give up and continue to contribute to making crypto currencies better. A simple contribution that we can make by staying active in the crypto currency market. I am sure if we are active then a stable situation will be more easily achieved.

[nicolebtccrypto]

If you did not sell your  coins until now  you have to wait a bit more as the market has started recovering.
Not all the alts will recover we have to be prepared for that, the useless coins won`t.

Just a little bit patience is need until such time the market will fully recover to its best trend. The peak of the price was still far enough for now, so waiting time might need more space to take further. We should not compromise our asset unless we achieve good price as well.

[Samboo]

Bitcoin has taken over the value of altcoins. Altcoins have suffered from double whammy. price of altcoins will decrease when price of bitcoin decreases at the same rate. But when price of bitcoin increases, price of altcoins will not increase at the same rate. So altcoins have always suffered.

[Metall303]

Bitcoin has taken over the value of altcoins. Altcoins have suffered from double whammy. price of altcoins will decrease when price of bitcoin decreases at the same rate. But when price of bitcoin increases, price of altcoins will not increase at the same rate. So altcoins have always suffered.

you're not right. we always saw that if the price of bitcoin rises, then the prices for altcoins grow 2 times faster. now we see that bitcoin is standing at the same place and altcoins are starting to show positive dynamics

[TheICE007]

There is really nothing to do, this year has been bearish even though we believe it will be bullish but we do not know exactly when, the best we can do is to study some good coins on coinmarketcap and hold some for the bullish season.

[cudora]

Back in 2018 I was buying coins like crazy, because I was sure that within several years the market trend would definitely change. One and a half year have passed and there are still no signs of improvement, especially by altcoins.

[Cike_Dati]

I myself chose to try to make a long-term investment because price fluctuations that are getting down will only make it difficult for traders to keep their emotions and the losses are certainly difficult to avoid.

[bgaf]

Back in 2018 I was buying coins like crazy, because I was sure that within several years the market trend would definitely change. One and a half year have passed and there are still no signs of improvement, especially by altcoins.

It's not that there is no improvement. Lots of project progress, like Binance moving into their own chain, PundiX lots of new dapps and exciting promos, many projects have been advance and improved. The worse part here is the only thing that most people concern here is the price alone. I think people should not expect much of a change, since this market as we all knew is very volatile.

[Irvinn]

Back in 2018 I was buying coins like crazy, because I was sure that within several years the market trend would definitely change. One and a half year have passed and there are still no signs of improvement, especially by altcoins.

It's not that there is no improvement. Lots of project progress, like Binance moving into their own chain, PundiX lots of new dapps and exciting promos, many projects have been advance and improved. The worse part here is the only thing that most people concern here is the price alone. I think people should not expect much of a change, since this market as we all knew is very volatile.

If a certain number of cryptocurrency users cares only about the price of a coin, then we still have to wait for the period when such people will sell their assets and when the projects will be truly free in their development and will not depend on speculators in the cryptocurrency market.  And I think that this applies to all promising projects, and not just the most rated cryptocurrencies.