Alt coins are going down and down

[HashWorld]

Alt coin are going down and down. When can the market go up again?
For me I am holding a lot of alt coins.

[cherryscarlett]

This is actually a very sad thing.
The bear market continues, and people are too optimistic about the overall market, which is obviously not a good thing.

[karungbitcoin]

I will waiting for bull run till december and if untill that month the crypto not any sign for bull run, so i have no idea and my hope is loss. I waiting for bull run since february, and i try to keep patient. And patient and dont be greedy is key to make money in crypto.

[acidburn14]

Bitcoin dominance of 48% is driving the altcoins down. Lot of investors selling their altcoin for btc but the problem is the market is still down meaning there arent new investors putting money in crypto.

[wayancrypto]

Now I have learn so much from the price action of crypto,  and from this i get some knowledge if we should be has enough risk management and dont put all money in to crypto. We have to know when should be jump in to crypto and when should be exit from crypto market, and then we should be also put the money in to other asset like gold, stock etc.

[dumplingsandsushi]

Actually, there has been a lot of stability lately.
If you take a look at the value of a lot of coins, they have stayed within a healthy range over the past month.
When you compare it to last Jan. of course it looks terrible, but it's best to look at the reality of the market now instead of how it used to be.

We are seeing a lot of faith going into btc again.
This indicates new money slowly coming in and also investors moving to more reliable cryptos.
There are many who see the BTC ETFs as the reason why this is happening.

AS btc gains more dominance and alts stagnate, this actually sets up an ideal scenario for massive buy ins of alts in about two months.
So right now, prices are incredibly cheap and it is the right time to buy.
Trust me on this, you won't see these cheap prices forever.

[HashWorld]

This is actually a very sad thing.
The bear market continues, and people are too optimistic about the overall market, which is obviously not a good thing.

Yep. I think I am too optimistic about the crypto market. I should stop investing more for now.

[HashWorld]

Now I have learn so much from the price action of crypto,  and from this i get some knowledge if we should be has enough risk management and dont put all money in to crypto. We have to know when should be jump in to crypto and when should be exit from crypto market, and then we should be also put the money in to other asset like gold, stock etc.

You are right. I learned from this lesson I should never put all money in crypto and need to manage risk for investment.

[MrPiggles]

Alt coin are going down and down. When can the market go up again?
For me I am holding a lot of alt coins.

The overall situation is that many people keep altcoin and not just you. Personally I am also keeping a lot of good altcoin but not achieving the best profit. At the moment, all investments are risky and you should move to long-term investment because that's the best way to calm you down for a long time. Take advantage of this time to go to work and do not care about the market during this time

[Bttzed03]

Alt coin are going down and down. When can the market go up again?
For me I am holding a lot of alt coins.

It is a tough time for altcoins right now. The fourth quarter is usually the time when new players come in and help pump the market. You need strong hands to wait for that next bull run.

[Dimanman113]

My portfolio is very thin because I keep a lot of altcoins. If I was told that it would be half a year, I would have pulled out the money and earned elsewhere. But this happened, now I hope that in December that the will change.

[mh6e]

I will waiting for bull run till december and if untill that month the crypto not any sign for bull run, so i have no idea and my hope is loss. I waiting for bull run since february, and i try to keep patient. And patient and dont be greedy is key to make money in crypto.

Good idea, anyway still too early to sell now and its not in a right time. So be patience a little more bull run will cone soon. In fact there's already some good pumping happen in few days ago. That's a good sign and could be the start of bullish market.

[haryatiposton01]

no one can guess exactly when the market will start up again, we can only assume that the market will soon rise, we always try to think positively that everything will be fine, many people think that August to january market will increase , crypto trade will be very crowded in those months, I hope that analysis is true because I have tired of waiting.

[Eidelweis flower]

This is indeed a sad thing with market conditions that for now, indeed in the world of fluctuating crypto it's a reasonable thing, we can not predict when the market will rise again, maybe until now patiently we need to do to wait market resurgent

[xcbjsuw]

Yeah, I also hold some altcoins and tokens.
Though there is a lot of good news about cryptocurrency and the market is still red.
but in one of the trading groups I followed, said that bitcoin will bounce at a price of $ 7800 (prediction).

[robaya]

this situation is very natural happened, never panicked. crypto market is always like this, you can use it to invest a good crypto by buying it in the market. even you can get the price below their ico price.

[GhostWithin]

Many people sell altcoins and buy bitcoin in the hope that SEC will launch bitcoin to the moon. That's why the bitcoin grows in price, and alts fall

[batang_bitcoin]

Can we please stop asking when will the market goes up. There are too many threads about this and how long have you been in cryptocurrencies?

This is very normal if you invested to many altcoins, it's not our problem if you can see that your portfolio is all in for red. You're not the only one that suffers with the current market.

Get used to this type of investment and don't just ask when will the market goes up because no one knows.

[berkatmendrofa]

true altcoin is getting down and down making many holders afraid of losing, holding back as hard as we can is the best way to pass this, I still believe the market will go up

[Herbert2020]

For me I am holding a lot of alt coins.

as soon as you (and people like you aka bag holders) stop holding these altcoins!

that is the problem that we are facing these days, specially in the big market cap coins. the market is on a downtrend and the drops are inevitable but the bag holders keep on delaying it by their panic actions.
for example imagine an altcoin which is worth $1000 but it is supposed to be worth $100. the drop starts and price goes down to $900. the bag holders hold on tight, then the drop happens again and price goes to $890 then they panic and dump their bags and price goes to $850 but because it was a big drop there are day traders who buy the bottom to make a profit in short term so price recovers to $880, the bag holders seeing this jump back in and start buying at a loss and price goes to $890 but then after the dead cat bounce was finished the drop continues and price goes down to $800 this time harder because those day traders would sell on top and that triggers another panic sell.

this is repeated a lot of times so the drop is slowed down like what you see now and won't complete unless price reaches the real bottom.