Alt coin are bleeding badly

[CybereyesWinger]

Recently since Bitcoin are up trends but all most all alt coin are bleeding badly. Really it wasn't expected . On previous record we can see if Bitcoin bump tham alt was bump more. I don't know the exact reason for that. I guess alt are waiting for Bitcoin ETF ( Excahnge Traded Fund) for SEC approval. We expect midle of next month we can see the result. Till that alt coin holder should be pataine. At least Bitcoin on bulls run that is good sign for alt holder. Once a time alt will bump too.

   

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[Fasunathan]

Recently since Bitcoin are up trends but all most all alt coin are bleeding badly. Really it wasn't expected . On previous record we can see if Bitcoin bump tham alt was bump more. I don't know the exact reason for that. I guess alt are waiting for Bitcoin ETF ( Excahnge Traded Fund) for SEC approval. We expect midle of next month we can see the result. Till that alt coin holder should be pataine. At least Bitcoin on bulls run that is good sign for alt holder. Once a time alt will bump too.

Thank you sir for this kind advise "all coin holders should actually be patient" If ETF get approve in August 11 then we should expect bitcoin and altcoins to be able to makes another high. The December last year high was as a result of future trades and we actually need something significant to see bitcoin pumping in price.

Right now the possible causes why is it that prices declined after few pumps, due to another corrections prior surges will happen. We're starting the new month of August, just hope and expect the spikes of the price of btc.

[passwordnow]

Altcoins aren't the only coin that's suffering now.

Look at the market, bitcoin is also struggling now so the market has been bloody again and this is really a bloody week for us again.

[MidnightWolf]

Now that the coins have fallen sharply, only a few coins are growing, in my opinion they should hold them for a long time, perhaps the pennies will rise sharply in the future to come. Keeping them as long as possible will benefit you.

Each of us hopes for a good growth in the price of the crypto currency. But you just imagine the state of investment of those users who invested their funds in late 2017.

[Antana]

But what is the problem with this? You should try to take this as an opportunity to keep buying more and more, that is the best thing that you can actually do, maybe this will be profitable for you

[South Park]

As users stated, more cryptocurrencies into the network is a big thing for the bleeding of altcoins in one way. Upon the other, it is the one that makes the cryptocurrency network get stronger and stronger. Because more the contribution to the network from various industries make it stay strong even when there is hard regulations upon usage.

I think we are reaching a critical point, more and more coins are being created every day and the market simple does not have the money to finance all the crazy ideas of the developers, so at some point many of the coins will have to disappear, I do not know when that is going to happen but when that happens you do not want to be holding altcoins at that point in time.

[alex-nn]

I think it's temporary because there is a cycle when bull market gives way to bearish. And after bearish will be bullish again. HODL alts, don't sell low price - wait for pump to sell high. Patience is the key in crypto!

[lolland]

Most Altcoins are just pump and dumps, and a handful new Altcoins that can do the same arrive each day.

[Marahunter]

Recently since Bitcoin are up trends but all most all alt coin are bleeding badly. Really it wasn't expected . On previous record we can see if Bitcoin bump tham alt was bump more. I don't know the exact reason for that. I guess alt are waiting for Bitcoin ETF ( Excahnge Traded Fund) for SEC approval. We expect midle of next month we can see the result. Till that alt coin holder should be pataine. At least Bitcoin on bulls run that is good sign for alt holder. Once a time alt will bump too.

Market has been moving sideways for a long time now. Not sure what to be expected in the coming few weeks. Most traders are off and follow the overriding opinion trend. Better to be patient and wait for BTC breakout to be sure the alts have life again

[tabas]

I think it's temporary because there is a cycle when bull market gives way to bearish. And after bearish will be bullish again. HODL alts, don't sell low price - wait for pump to sell high. Patience is the key in crypto!

And we don't know when this cycle will ends. We are all longing for the bull market to start in the market but again we are disappointed. We thought that due to the ETF hype that's already the beginning of the bull market but it wasn't.

[Didin]

I think it's temporary because there is a cycle when bull market gives way to bearish. And after bearish will be bullish again. HODL alts, don't sell low price - wait for pump to sell high. Patience is the key in crypto!

if not up then down, thats market 
so, its depends on us, how we can utilizing this market situations to gain our portofolio especially to increase our bitcoin amount

[Davidbike1]

Great news for Cryptocurrency a few days ago but I don't think people understood it. Starbucks is going to accept Cryptocurrency just indirectly through Microsoft. The Owner of NYSE Intercontinental Exchange (ICE) is unleashing company Bakkt as a custodian for institutional investors in November and a federally approved exchange and opening the door for Cryptocurrency in 401ks and IRA accounts. And what does Cryptocurrency do after this bullish news? It declines about 8%. Go figure. If the SEC postpones their decision then maybe the Bakkt company will help out for institutional investors and Cryptocurrency will get excited again.

TheChartGuys Dan explains it pretty well I think
https://www.youtube.com/watch?v=-43B-yc0GhU

[gorodi]

I think it's temporary because there is a cycle when bull market gives way to bearish. And after bearish will be bullish again. HODL alts, don't sell low price - wait for pump to sell high. Patience is the key in crypto!

if not up then down, thats market 
so, its depends on us, how we can utilizing this market situations to gain our portofolio especially to increase our bitcoin amount

It means that the market is not bleeding - it has simply decided to swing a bit...several months. I hope that the situation will change for the better before the year ends.

[Wabri]

Most Altcoins are just pump and dumps, and a handful new Altcoins that can do the same arrive each day.

There are good coins and with the come of other good projects will the amount of good projects increase. So I think that this problem will solve and that the domination of bitcoin can decrease.

[TaofenBoy]

I think it's temporary because there is a cycle when bull market gives way to bearish. And after bearish will be bullish again. HODL alts, don't sell low price - wait for pump to sell high. Patience is the key in crypto!

Which cycle makes the bull market gives way to bearish?I think the encryption market is the most difficult to predict because there are no restrictions on prices, no rest days, or even no regulation.But I agree with what you said, the cryptocurrency will definitely become more and more valuable in the future, so I chose holding

[Davidbike1]

Oh my gosh are people done selling yet?  Most altcoins are down like 90% now.  https://youtu.be/0VAZiRldMVU just listen from 4:45 to 9:00  forecasting a 100k bitcoin

[Dimonto]

Don't worry, if you don't lose a lot, you should sell the coins, because the market is still going down, maybe this time many coins in the cottage will disappear.

[DonateBB]

The heaviest penny is ETH, the coin is constantly falling, maybe in the next time the price down to $ 200. That's a reasonable price for us to buy

[Pixstxbtm]

The ETF review has been postponed by the SEC, and the cryptocurrency market has started to fall sharply this month. I don't know what caused this. I am looking for an answer!

[pey]

It is better to buy now but who can buy now? most people are scared and even sell altcoins now. They are gonna pump hard just like it bleeds now.