Almost all the altcoins in red again!

[Ochakemaput]

even under these conditions I can't speculate with altcoin. bitcoin has started moving up slowly, altcoin is green, but not many have shown significant improvements. hopefully not decrease again, because the trade trend should have increased.

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[Om.monata]

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.

altcoin should be better if pumped to the highest position so that altcoin can be in the best position. but maybe altcoin has not been able to adjust and there are obstacles that cause altcoin is currently still at the red price point

[Vladok]

almost all altcoins can not budge in price, as their time probably has not yet come, well, I think that in a hurry everything will change

[Lampohtapek]

Very regretted because almost altcoin average so far shows a very significant graph, all traders have been very eager to compete, because almost all altcoin already have a value, but now it has turned around the market is very weak against altcoin, the average is red, this is cryptocurrency  anything can happen.

[SirLancelot]

Very regretted because almost altcoin average so far shows a very significant graph, all traders have been very eager to compete, because almost all altcoin already have a value, but now it has turned around the market is very weak against altcoin, the average is red, this is cryptocurrency  anything can happen.

Would I say that many of us are like this about altcoins because it would be our first time, I didn’t think we have ever witnessed this before because the era of altcoins too isn't that old, by the time altcoin comes out of their red zone now, and they start surging in value, I am sure that it would have given us lots of experiences. We just need to be calm for things to turn around in altcoins which I believe that it will be soonest.

Once we are sure that the altcoin where we have our investment has a real use case, I don’t think that there is anything that we should fear, altcoin season will come and sure make those investment that we have in those coins interesting when we see some percentage increase that we have never seen before. We can just wake up one day and find out that our investment has increased 1000x.

[coinswebid]

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?

Maybe traders now focused on bitcoin only,, because bitcoin dominance about 70% on market capitalizations again since 2017
https://www.newsbtc.com/2019/08/06/bitcoin-dominance-nears-70-for-the-first-time-since-december-2017
Thats why the alts on red colour mate

[_ZeD_]

It's psychological pressure. Look at the price of bitcoin. Globally, the rate fluctuates around 10k. At the same time, there is no certainty what will happen to the course tomorrow, in a week, a month. Many traders do not stand up morally, but we understand that this is artificial. This is a big game and there will be very few winners.

[cribusen]

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?

Because of the large dominance of Bitcoin. I expect, that during the next bullish trend of BTC, altcoins will fall even deeper, but after BTC rally finishes, altcoins will grow, because dominance should fall and provide space for alts.

[cryptic4000]

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.

although it is good for bitcoin, but I feel less when I don't see altcoin prices also pumping. it is true that currently, the price of dominant bitcoin rises higher, but that is not the reason why altcoin prices do not rise. In general, at the moment the price of altcoin has not yet recovered, I think the reason that is quite large is that its development is so far from bitcoin. although like that, I dominant hold altcoin compared to bitcoin right now. I hope, this year there is a good movement from Altcoin.

This is completely opposite to the current market trend because now I only see Bitcoin rising and all altcoins are going through a huge discount period so I believe this year will not be good if you choose to invest altcoin. A lot of investors also held altcoins during this time, but most did not earn any profit during the past 2 months. Maybe you trust altcoin more but Bitcoin is the coin you need the most attention at this time

[timphan coklat]

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.

Actually moments like these are the most anticipated by traders and investors, when the price of altcoin is bleeding, they can still take the opportunity to make a profit. With the experience they already have, it will be very easy for them to get the results they want.

[Taufik blackspade team]

although it is red, but we can see some movements from the market. this is better than a market that is just silent. if we want to make a profit now we have to take advantage of the situation and make strategies for our investment and trading.

[hulla]

although it is red, but we can see some movements from the market. this is better than a market that is just silent. if we want to make a profit now we have to take advantage of the situation and make strategies for our investment and trading.

You totally make a good point but I hate the aspect of people complaining about the market been downtrend whereas it will literally create a new opportunity of making an awesome profit and every profitable business or investment must accept debt to strengthen and give the investors more knowledge.

[Akoldi_ibk]

Have we really had a sustainable altcoin green in a while? We've only had individual performances. The whole market has been clamouring for altcoin season, and no one knows when, but are we going to even see that at all ? Great, the market has improved a lot and we should expect good movements but also prepare for the worse. The market is unpredictable.

[19Nov16]

The biggest factor affecting the market is the price of bitcoin and top 10 in coinmarketcap, the market is difficult to guess at first, I was optimistic that the market will continue to go up, unfortunately there are too many speculators to sell immediately when they profit,

[suzanne5223]

The biggest factor affecting the market is the price of bitcoin and top 10 in coinmarketcap, the market is difficult to guess at first, I was optimistic that the market will continue to go up, unfortunately there are too many speculators to sell immediately when they profit,

No, the biggest factor affecting the crypto market right now is the current price correction which usually occurs in the crypto market during the end of every Q3 till towards ending of Q4 before the year of bitcoin halving is reach and the best thing to do in this current market is accumulating more utilized coins.

[OliviaS]

The biggest factor affecting the market is the price of bitcoin and top 10 in coinmarketcap, the market is difficult to guess at first, I was optimistic that the market will continue to go up, unfortunately there are too many speculators to sell immediately when they profit,

No, the biggest factor affecting the crypto market right now is the current price correction which usually occurs in the crypto market during the end of every Q3 till towards ending of Q4 before the year of bitcoin halving is reach and the best thing to do in this current market is accumulating more utilized coins.

Yes, the situation is very clear. Now there is simply a constant redemption of all altcoins at a very low price. Many fear the loss of value - they sell their violas. But do not panic. It is important to remember that at the right time, the prices for the same viola will be pumped.

[Krislaw]

It’s best to buy a new token on IEO and all for example I want BTZC on Probit on September 30

Please explain me your hard reason for that,
and what it BTZC? and what is probit?
You should to be sure what your investment and not crying much when your token crash on dip.

[calandra78]

The biggest factor affecting the market is the price of bitcoin and top 10 in coinmarketcap, the market is difficult to guess at first, I was optimistic that the market will continue to go up, unfortunately there are too many speculators to sell immediately when they profit,

No, the biggest factor affecting the crypto market right now is the current price correction which usually occurs in the crypto market during the end of every Q3 till towards ending of Q4 before the year of bitcoin halving is reach and the best thing to do in this current market is accumulating more utilized coins.

Yes, the situation is very clear. Now there is simply a constant redemption of all altcoins at a very low price. Many fear the loss of value - they sell their violas. But do not panic. It is important to remember that at the right time, the prices for the same viola will be pumped.

not only people who panic who sell their altcoin especially now that many are red. those who must return the capital will of course buy and switch to altcoin or other assets to get their money back or at least reduce the losses they have already experienced.
it is very reasonable, market conditions are red or are in a state of decline often and naturally occur in the market. keep calm and take advantage of the situation as best you can to benefit.

[shoreno]

all altcoins are red except one ? you can just say that not all alts are in red but majority of them are  . seems that you still shock to witnessed this , are you a newb ?  its not actually new to see them falling but its just another normal day or normal event not just on altcoins but also to bitcoins  .

and yes traders/ investors are dumping for a reason because it does not make sense to sell without a good purpose on why you need the cash  or maybe we wont know what if the dump is only caused by whales and manipulators  .

[Reatim]

There is a reason why almost all altcoins are dropping and the fact that Bitcoin price is dropping also that just means that most of these altcoins are following the trend of Bitcoin.

Yups all currencies are just following the trend of Bitcoin as this top ranked currency is the one who dictate the movement of market.and the dumping is part of these trend and besides it’s  normal because in the next day pump happens also

Once Bitcoin started to grow we will gonna see that almost all altcoins will eventually gonna turn green in the market.

There’s a balance in the growth now because we can see also that the capitalization is changing and the domination of bitcoin is getting lesser and smaller