Almost all the altcoins in red again!

[No One]

There is no need to worry as cryptocurrency is volatile. Now price of altcoins has decreased. Tomorrow they will increase in price. Remember bitcoin peaked at $20000, and now it sits around $10000. Fluctuation of price of coins is part of cryptocurrency.

[1714846118]

1714846118

[SirLancelot]

I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?

It is simply because investors are fed up with alts being stable or always falling. they abandoned the market and sold it off.
the market dropped more than $ 12 billion in just one night and that shows the psychology of the crowd is very bad.
But we still need to keep calm and choose the good alts to buy and hold it.

I am not sure that this is completely true of this, I agree that investors are fed up with altcoins but not all altcoins that we have in the market, when I count altcoins, I mostly count the top altcoins in the market, I mean those altcoins that are within the top 100 in the coinmarketcap, they have real working product and are very useful to the community but the reason why they are down along with the rest altcoins is just because of the new trend that became popular among investorof selling their altcoins temporarily to invest in bitcoin since this is the dominance time of bitcoin which we have all seen, so altcoins will be back to their position soon was bitcoin stops dominating the market.

Altcoins will start increasing too and I know that investor will be encouraged again.

[Golftech]

I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?

It is simply because investors are fed up with alts being stable or always falling. they abandoned the market and sold it off.
the market dropped more than $ 12 billion in just one night and that shows the psychology of the crowd is very bad.
But we still need to keep calm and choose the good alts to buy and hold it.

The problem with investors who didn't focus are always easily being moved they loses money when the market falls a lot, there's different attitude
with different perspectives of those traders who's investing around, it's your money that you need to take care so better to pick the right one while
it still dipping and you have a good chance to bag holds those coins that you fully supported.

[michellee]

This day, the market looks have a good moving even bitcoin price is increasing too. Some of the altcoins tried to follows bitcoin to increase, and we could hope that this time will bring a good movement. If everything is running well, then we could see a small bull run happens with bitcoin and altcoin, and in these weeks, we can back to make a profit again. These situations will be good for scalping if you have skills to predict the up and down of the price so you can expect to make a bigger profit than usual. But still be careful, the market still unpredicted, and we don't know if this will stay for a longer or not.

[Vladok]

Today the market began to fall again,though not so much,but still,I think that soon it will still begin to grow rapidly

[Reatim]

I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?

It’s sad that all of us back then are surprised when we get home and check the market ,2018 is really the most unforgettable times of my crypto days when the happiness of 2017(because I earned more than 70% from my investments)turns negative in 2018,though that’s my fault because I continue trusting the market and suddenly find myself hanging in the tin air

But lucky that I did not withdraw because just this 2nd quarter of 2019 I regain my losses and earn a little more,this serves to me as learning to trust crypto and I hope you’ll do the same thing .

[DU18]

Today the market began to fall again,though not so much,but still,I think that soon it will still begin to grow rapidly

This is the risk that we have to face in investing  cryptocurrency, which almost every time there can be sudden and unexpected movements of altcoin, like me who in a few days ago bought eth at a price of US $210 but today eth continues to move down until it reaches price of US $198 

[cassavachips]

Almost every day I find posts that ask why altcoin is down, why is the red market. As a suggestion maybe we can find out and read the news to find out what's happening

[Tobikov]

Of course, before deciding to invest in cryptocurrency, the most important thing is knowing the risks that will be faced. not only is altcoin capable of experiencing a sudden decline, bitcoin is also experiencing the same thing, it can experience a sharp increase at any time and vice versa, because market price movements cannot be predicted with certainty.

For some reason, everyone is used to considering cryptocurrency a cool place to invest, although it is a place where you can easily lose all the money you earn. Investing in it is possible and necessary, just with an understanding of all the risks. And the fact that alternative coins have now fallen is an occasion to consider all the risks and buy some coins.

[EXtremeAEX]

I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?

It’s high time to get used to the fact that altcoins react to any movements on the market in this way. Personally, all this doesn't surprise me at all. At the end of each week, I simply look at all the currencies and evaluate their market position. Therefore, I know well that even if 100 coins fall in price, there will almost always be a coin whose trend is upward.
But in general, a constant and steady growth of altcoins can be seen only during the altseason.

[Distinctin]

I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?

It’s high time to get used to the fact that altcoins react to any movements on the market in this way. Personally, all this doesn't surprise me at all. At the end of each week, I simply look at all the currencies and evaluate their market position. Therefore, I know well that even if 100 coins fall in price, there will almost always be a coin whose trend is upward.
But in general, a constant and steady growth of altcoins can be seen only during the altseason.

We rather look their long term movement, let's say one month and see how much they rise or dropped, because if we look daily, price could only go sideways and that's normal in crypto since the volatility here is very high.

I can understand some traders showing their frustration because they are new here but they will start studying the trends, they'll eventually understand, it's actually all about learning and experiencing to fully understands the market trends and that will help us make the right decision. Just like BTC, it sometimes dump but always bounce back, so if people panic, whales makes money, and they love that, easy money in short term.

[EXtremeAEX]

I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?

It’s high time to get used to the fact that altcoins react to any movements on the market in this way. Personally, all this doesn't surprise me at all. At the end of each week, I simply look at all the currencies and evaluate their market position. Therefore, I know well that even if 100 coins fall in price, there will almost always be a coin whose trend is upward.
But in general, a constant and steady growth of altcoins can be seen only during the altseason.

We rather look their long term movement, let's say one month and see how much they rise or dropped, because if we look daily, price could only go sideways and that's normal in crypto since the volatility here is very high.

I can understand some traders showing their frustration because they are new here but they will start studying the trends, they'll eventually understand, it's actually all about learning and experiencing to fully understands the market trends and that will help us make the right decision. Just like BTC, it sometimes dump but always bounce back, so if people panic, whales makes money, and they love that, easy money in short term.

Of course, every day there is no point in viewing all altcoins. But lately, I do it once a week. And this is already yielding results. Of course, in an ideal situation, you can do this once a month by investing a large amount of money. But the last year was not so good in terms of earnings, so it was necessary to become flexible. That is why I look for suitable coins more often but invest in them a much smaller amount.

[Ucy]

I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?

You must not be surprised by this scenario specially the year you posted this 2018 when all of the cryptocurrency dumped even the mighty bitcoin.and asking about the fundamental reason?you have already answered that others are dumping maybe because they believe market will continue falling or they have decided to change folio so there’s no other reason to hold on

It's most likely the latter. Most Whales are moving  bulk of their cryptocurrency investments to Bitcoin and maybe to one or few established Altcoins. Most coins aren't living up to expectations and investors are losing interest.
It's also possible that investors are no longer able to buy the coins easily due to new regulations

[Tobikov]

It's most likely the latter. Most Whales are moving  bulk of their cryptocurrency investments to Bitcoin and maybe to one or few established Altcoins. Most coins aren't living up to expectations and investors are losing interest.
It's also possible that investors are no longer able to buy the coins easily due to new regulations

The main reason for the outflow of money from alternative coins is a high level of mistrust. But with Bitcoin, everything is different, for everyone it is digital gold and even if you invest in cryptocurrency, then you need to buy Bitcoin. So many people think, so many do and it’s really good. It is necessary to clear the market, to “kill” several alternative coins that do not represent any real value.

[Google+]

yes even though the price of all coins starts to red again this can be a very good opportunity to be able to buy as many coins as you want, many new traders who buy coins incorrectly, they buy coins when prices have gone up, while the best time or moment to buy coins is when prices fall like this.

[tondenga2122]

Altcoins keep dumping even Bitcoin is going up.
Like today, we see Bitcoin is back to $10,000 resistance but altcoins still stay on their level.
The reason is Bitcoin dominance is almost getting on 70%, so that's why altcoin can not do anything.

[consideritdone]

BTC leading the charge https://www.coingecko.com/en

[Distinctin]

Altcoins keep dumping even Bitcoin is going up.
Like today, we see Bitcoin is back to $10,000 resistance but altcoins still stay on their level.
The reason is Bitcoin dominance is almost getting on 70%, so that's why altcoin can not do anything.

Today there is a change, altcoins are not dumping anymore in overall, so the price of Bitcoin has really help them.
Look at them - https://coinmarketcap.com/.... Beam and  Grin take the lead in terms of increase in the top 100 coins listed, both have over 10% increase for today and this is a positive sign IMO.

BTC has to continue rising so we can see more of these increases, maybe this would be the time that others altcoins will start to wake up.
Good start for the week of the new month, hopefully this would end up good as it's the last month of the 3rd quarter.

[btc78]

I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?

But Bitcoin is also dumped that same day mate so what explanation do you expect from us?

And are you a newbie investor?i mean i mean is this your first time to purchase coins?because if not since 2018 this scenario is normal when in just a small span of time value from green turns bloody instantly

[novaprime]

Altcoins keep dumping even Bitcoin is going up.
Like today, we see Bitcoin is back to $10,000 resistance but altcoins still stay on their level.
The reason is Bitcoin dominance is almost getting on 70%, so that's why altcoin can not do anything.

Altcoins have no major competition with Bitcoin, and most of the other coins have been experiencing huge declines during the past year. It is really difficult to identify this market in the near future, but if altcoin does not have any major price improvements, altcoin will surely fall into crisis soon. Of course, everything is still very good right now but if Bitcoin continues to dominate this market, altcoin is no longer a good choice to invest.