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Author Topic: Almost all the altcoins in red again!  (Read 5864 times)
Flor1982
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August 21, 2018, 02:18:51 AM
 #21

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?

Obviously the bearish market is still in effect and that is why i told my friends before that it is too early to celebrate if the market become green and they should not easily to concluded that the bearish thing is over. So i guess i'm right because of this market red performance again and i hope next time they will not be easily to fall in this trap.
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August 21, 2018, 02:24:52 AM
 #22

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?
A vicious circle created by sharks. It makes the trader unable to manage and confused. I am a bit disappointed about the market and am thinking of abandoning it
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August 21, 2018, 03:05:06 AM
 #23

Whenever there is growth in bitcoin price almost the price starts increasing again so don't worry about the current situation of the market. Even though the market is in red we càn able to make some profit when the market cap starts increasing.
Mkmanik
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August 21, 2018, 03:09:34 AM
 #24

My friend, This time is really unpredictable for crypto market. All of the people are waiting for the SEC approvement and for the delay or rejection of SEC the price dumping a lot. this month and next month we would get 9 SEC to decide:
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/

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August 21, 2018, 03:24:36 AM
 #25

Already familiar with the red market, so don't panic, if you save a coin that will be down again, sell it now and hold a beautiful coin and have a future.
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August 21, 2018, 04:49:30 AM
 #26

My friend, This time is really unpredictable for crypto market. All of the people are waiting for the SEC approvement and for the delay or rejection of SEC the price dumping a lot. this month and next month we would get 9 SEC to decide:
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/


It's a lot but we must be patience for that at least there will be one of them will be approved by SEC and that will give a hype to the bitcoin and this will give a big impact to the altcoin too.
a lot of people will try to bet on the ETF decision and SEC. This will be a very difficult time for us.

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August 21, 2018, 05:03:16 AM
 #27

My friend, This time is really unpredictable for crypto market. All of the people are waiting for the SEC approvement and for the delay or rejection of SEC the price dumping a lot. this month and next month we would get 9 SEC to decide:
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/


It's a lot but we must be patience for that at least there will be one of them will be approved by SEC and that will give a hype to the bitcoin and this will give a big impact to the altcoin too.
a lot of people will try to bet on the ETF decision and SEC. This will be a very difficult time for us.

FORGET THE ETFs, no ETF will be approved this year, including the CBOE one, I would be very surprised if it were approved. The Media is putting too much emphasis in the ETFS so that the bears and shorters can carry on what they are doing, bringing the whole CMC to its knees. Expect Bitcoin to retrace to the 81% Fibonacci level at least before you see any sign of any reversal. The Bears are in control and no good news is having an effect on the market now only negative news, because that is the way they are playing it right now. Expect alts and BTC to bleed out even more, with just some pump n dump groups working in between today trade their stashes and make their profits.


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Kallipso
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August 21, 2018, 05:30:27 AM
 #28

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?
Another trap for investors, nothing new. While the market does not bring any profit and is simply useless. It is necessary to wait when the brain returns to those who made this situation.
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August 21, 2018, 07:13:43 AM
 #29

it's only almost all and not all of the altcoins in red and it means, the other altcoin have the possibility to increase more and more, right? besides that, there is a green altcoin that still survives in the market. almost all is not the same with all of so don't get panic and it's better to stay calm and be patient because this will not go forever and this will be ended soon.



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chuyengia2244
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August 21, 2018, 07:22:10 AM
 #30

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?
Some people are impatient and some whales want to manipulate the market which makes it a real crisis. This situation lasts for several months and it is not surprising.
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August 21, 2018, 07:27:54 AM
 #31

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?
Quite true mate that the altcoins have been in the red and that has become a trend in recent time but I don't see the pattern remaining so for long though. Bitcoin too has not been bullish as you might have expected but I see all of these changing as we approach the end of the year and early into next year.
BitcoinHodler
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August 21, 2018, 07:54:24 AM
 #32

they are not red "again" they have been red for months if you look at the bigger picture!

what is happening is the continuation of the same dumps that started about 8 months ago. a lot of the small altcoins got dumped fast and clean reaching -90% for instance and then they have been having a healthy and in most cases green market.
but the bigger altcoins have been resisting the dumps from the start but the dumps are not something you can stop, all you can do is slow them down and that is what has been happening to big altcoins. you can see for example how ETH has been slowly losing its value from $1500 down to $200 and is still headed down.

Holding Bitcoin More Every Day
Golftech
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August 21, 2018, 07:59:11 AM
 #33

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?
Some people are impatient and some whales want to manipulate the market which makes it a real crisis. This situation lasts for several months and it is not surprising.
Learn from this current events, the rise and fall is not new if you trace back the history, those who knows how to wait and patiently holds most of the time are the achievers and really earn big profits, spare money can be used here and take some risk to buy more coins, waiting game will start before the year ends.
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August 21, 2018, 08:39:34 AM
 #34

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?
The situation is really very difficult now in the market, and I think that it is connected with the output of a large number of whales. This may be some sort of manipulation.

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August 21, 2018, 09:04:14 AM
 #35

the market trend is still down so Altcoin comes down, I think the end of 2018 the downtrend will finish we are looking forward to the bull run again
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August 21, 2018, 09:09:36 AM
 #36

We are still im a bearish market even with yue pump taht we have experience the recently. Now we see volatility in the market. This might be due to investors taking advantage of the pump and dumps. It can be green now and red towards the end of the day.

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August 21, 2018, 08:32:07 PM
 #37

I think soo n all these etf applications will create a fomo effect in the market and we will see strong bulls back and if even one of the etf approves we will see massive bullish movements in the market for next few months.

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August 21, 2018, 08:33:43 PM
 #38

My friend, This time is really unpredictable for crypto market. All of the people are waiting for the SEC approvement and for the delay or rejection of SEC the price dumping a lot. this month and next month we would get 9 SEC to decide:
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/


Hope the ETF will be accepted by the SEC. Only this reason can help the market recover before 2018 ends. If denied, we will continue to look at the bloody market
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August 21, 2018, 08:59:59 PM
 #39

My friend, This time is really unpredictable for crypto market. All of the people are waiting for the SEC approvement and for the delay or rejection of SEC the price dumping a lot. this month and next month we would get 9 SEC to decide:
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/
It's going to be another hype and people are buying to this event and waits if they have to buy once its approved. But whether it is approved or not, we know on how the market can swing and these events shouldn't be the only thing that we have to wait. There more things to come to the market not only this bitcoin ETF proposal. It will make the market centralized but it will bring in a lot of cash.


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August 21, 2018, 10:42:27 PM
 #40

My friend, This time is really unpredictable for crypto market. All of the people are waiting for the SEC approvement and for the delay or rejection of SEC the price dumping a lot. this month and next month we would get 9 SEC to decide:
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/


Hope the ETF will be accepted by the SEC. Only this reason can help the market recover before 2018 ends. If denied, we will continue to look at the bloody market
The entire cryptocurrency market is waiting for this event and I am feeling pretty anxious for the market because when so many people are waiting for the ETF event then surely the speculators will also use it to limit the growth of this market. I think investors should regularly update market information to make the right decision.

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