Almost all the altcoins in red again!

[slaman29]

Altcoin season came once and it will never come again, that's my strong thoughts on that. But this doesn't mean there won't be anymore x10 or whatever you want to call it. Alts are still in demand, the tech is still young and you need either 1 killer app or 1 killer platform, and you never know what demand can do to a coin. Just look at BTC and ETH for example!

[akram143]

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?

definitely each and every currency struggling to become stronger but nothing will not leave the development very quickly and they are forcing its development to come forward so I think nothing is going to red it will easily came back again for the normal situation

[imstillthebest]

so I think nothing is going to red it will easily came back again for the normal situation

Not too easy mate, if it's easy, it should have come back already, it's been over 1 year and altcoins are still down, that's why they can easily get affected when BTC rises and fall because they don't move independently, and people are not investing on old coins anymore, they like to play with the hype IEO coins in Binance, maybe we really need a bullish altcoins market but it will not start yet as bitcoin is not that bullish yet.

it is . the market of overall cryptos were dramatically recovered this year as when compared to thier run last year but there is that time ( this year ) that cryptos are decreasing   . if you think alts are easily affected by btc then why would you say that alts are still down ?   like i said earlier , the status of most alts were now improved and i think that is because of the help of btc  . and how can you say that people arent interested on old coins anymore ? if thats true then btc , eth , bch and other older coins should fall down and wont recover  anymore  but its not the case that happen this year  . people still prioritize old coins because this is the base of the new coins   .

[tins]

Actually this is a promising opportunity, when the altcoin price drops, it's time to buy coins that have a chance to rise in the near future.
but be careful because we don't know the lowest price of the coin. Usually after bitcoin is stable, the altcoin will go up and we enjoy this moment. DYOR

I spent most of my USDT investing in XRP when it increased by more than 0.4 $ in June. After it reduced I still decided to retain this investment, because I felt that altcoin will be coming soon.

[el kaka22]

Altcoins are just bumping and dumping from the recent weeks due to the fall of bitcoin price from $14000 to $10000,we can expect the green days if bitcoin reaches the next resistance.

Even when bitcoin reaches the next resistance, I dint expect altcoins to still leave the red market lane that they are. Most of the altcoins are not responding to the increment of bitcoin, and the more bitcoin increases, the more that altcoins declines in value. The only altcoins that usually work in line with bitcoin increment are altcoins that are within the top 50 actually, but sometimes could extend to the ones within the top 100 coin in the record of coinmarketcap.com.

I am not expecting any of those altcoins after top 100 to moon until bitcoin witnesses some consolidation, which is what usually lead to the high surge of some of these coins like we witnessed in 2017 and early 2018.

[Bitcoin Seller]

Altcoins are just bumping and dumping from the recent weeks due to the fall of bitcoin price from $14000 to $10000,we can expect the green days if bitcoin reaches the next resistance.

Even when bitcoin reaches the next resistance, I dint expect altcoins to still leave the red market lane that they are. Most of the altcoins are not responding to the increment of bitcoin, and the more bitcoin increases, the more that altcoins declines in value. The only altcoins that usually work in line with bitcoin increment are altcoins that are within the top 50 actually, but sometimes could extend to the ones within the top 100 coin in the record of coinmarketcap.com.

I am not expecting any of those altcoins after top 100 to moon until bitcoin witnesses some consolidation, which is what usually lead to the high surge of some of these coins like we witnessed in 2017 and early 2018.

It seems that altcoins now have taken a curious decision: to go up and down together. I see that when one (at least ) token starts climbing, the other ones begin their movement. It happens when they are going to fall also. Thus, one day you open the site where you check crypto prices and see all are red, it means that another wave will come - they will turn green. Most of them.

[MrPiggles]

Actually this is a promising opportunity, when the altcoin price drops, it's time to buy coins that have a chance to rise in the near future.
but be careful because we don't know the lowest price of the coin. Usually after bitcoin is stable, the altcoin will go up and we enjoy this moment. DYOR

I spent most of my USDT investing in XRP when it increased by more than 0.4 $ in June. After it reduced I still decided to retain this investment, because I felt that altcoin will be coming soon.

Altcoin is still at the adjustment stage and any investment will bring a lot of risks to you. Now that the bear market is still going on and there is no sign of stopping so I am sure altcoin will still fall more in the coming time. My best advice now is to just keep USDT or BTC because this is safest option at the moment and we can't be sure of the future of all altcoin.

[TrueColorsBby]

When altcoins are in red u should celebrate cause it means they are on sale bro.

[ciang huang]

indeed altcoin values have been unstable for the past two weeks, and I feel that this is a good and a bad thing. this is an opportunity to buy at a very cheap price but I worry when buying it will fall more than once and this incident I often experience

[Inkdatar]

indeed altcoin values have been unstable for the past two weeks, and I feel that this is a good and a bad thing. this is an opportunity to buy at a very cheap price but I worry when buying it will fall more than once and this incident I often experience

An opportunity to buy some altcoin with good project. It may red again but it will rise up again we just have to be patient in altcoin though some alts cannot survive in the market make sure invest only on those good project.

[tonyvo2017]

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?

when demand is more than buying demand and it takes place from 2 - 3 sideway days and there is no change, that is the main reason.
in crypto market, there are many traders and very few long-term investors. so when the market is not at the wave, they will be the wave creator.

[adamin1i]

the expected inflow of money into the subcoins did not materialize. they are in very poor condition by volume and this affects them negatively. I hope the volume will rise and the rise will begin soon.

[altcoindeals]

I think part of the reason altcoins keep dropping is because everyone is starting to get more bullish on Bitcoin and may be consolidating for the upcoming halving event. They do seem to be recovering a bit though and I'm sure by fall of next year we'll see some really big booms in the altcoin market but I think for now people are focused on BTC.

[Whibu]

This is common in the Cryptocurrency market, when the price goes down, the coins will rise quickly.  this is the fluctuation of Cryptocurrency prices.

[numanoid]

This is common in the Cryptocurrency market, when the price goes down, the coins will rise quickly.  this is the fluctuation of Cryptocurrency prices.

The right opinion is, when crypto price rise, it will goes down quickly. E.g when bitcoin reached 20k from 7k, it took around 1 month, but when it crashed, we have been waiting for 1.5 years and it still didn't back.

[mikeymellow]

indeed altcoin values have been unstable for the past two weeks, and I feel that this is a good and a bad thing. this is an opportunity to buy at a very cheap price but I worry when buying it will fall more than once and this incident I often experience

An opportunity to buy some altcoin with good project. It may red again but it will rise up again we just have to be patient in altcoin though some alts cannot survive in the market make sure invest only on those good project.

keep an eye on $FBN. I posted this on medium recently.

https://medium.com/@mikeymellow/indonesian-crypto-human-resource-development-224fcef7ed00?source=friends_link&sk=19c50206add9c5ea2dff674536b6cd78

[KuraJamban]

This is common in the Cryptocurrency market, when the price goes down, the coins will rise quickly.  this is the fluctuation of Cryptocurrency prices.

The right opinion is, when crypto price rise, it will goes down quickly. E.g when bitcoin reached 20k from 7k, it took around 1 month, but when it crashed, we have been waiting for 1.5 years and it still didn't back.

Agree with you. When some coin price drop, it's hard to come back to its high price.
The reason why is because the cryptocurrency market is very volatile. So that's why we always see some coins which suddenly have a 100% price increase in just one night.
That's already common in cryptocurrency.

[alan2here]

Altcoins are very unstable. I always see the picture when bitcoin is growing altcoins are falling, bitcoin is falling altcoins are falling. Why such an investment when they are so dependent on bitcoin. You can just keep bitcoin.

Bitcoin is dominating this market and all of altcoin is currently following Bitcoin's uptrend. This year the market has made a huge improvement prices but altcoin have not yet begun so this is the best opportunity for you to invest in cheap coins in the top 300 coinmarketcap. I personally have many options for you at this time like Atom, Deep, Top, Wink these are my favorite coins during the past time and always have a very high volume of transactions

[kennen1113]

Altcoins are very unstable. I always see the picture when bitcoin is growing altcoins are falling, bitcoin is falling altcoins are falling. Why such an investment when they are so dependent on bitcoin. You can just keep bitcoin.

Bitcoin is dominating this market and all of altcoin is currently following Bitcoin's uptrend. This year the market has made a huge improvement prices but altcoin have not yet begun so this is the best opportunity for you to invest in cheap coins in the top 300 coinmarketcap. I personally have many options for you at this time like Atom, Deep, Top, Wink these are my favorite coins during the past time and always have a very high volume of transactions

I do not know if I am confused or you are confused, but what I see really is that bitcoin is dominating and altcoin is suffering from the pain in this process, most investors and whales are focused on converting altcoin into bitcoin. From there, altcoin's trading volume goes down, dumping occurs continuously, the value of most altcoin has been very catastrophic, I don't see it follow the trend of bitcoin, and people are discussing and predicting a lot with this strange trend

[Flux0z]

Bitcoins dominance is hitting 2 year all time highs, and I believe we're getting closer and closer to a reversal of this pattern.

Altcoins are oversold, buy when there is blood on the streets. It's impossible to catch the bottom of the market, but diversifying into altcoins right now, might be a good idea after all.

My best bet in terms of upside potential if you want to get into alts right now is Stakenet (XSN)

I'm NOT saying this is the next "LINK", but this one DO have MASSIVE potential - 50x is not unrealistic given the fact that it's sitting at a $8 mio marketcap currently.
It's a fairly new project established in march 2018.

* Stakenet invented Cold staking (Trustless Proof Of Stake)
* Third project to implement lightning, next to BTC and LTC
* Multi Currency Wallet with 1-click lightning transactions and TOR integration for privacy is in public beta
* They've got a pooled staking service for small amounts of XSN
* Masternode as a service feature, making it extremely easy for anyone to trustlessly host their masternode
* Masternode monitoring tool, which let you know by email if your node goes down, also let's you know how many rewards you've accumulated and more!

later this year they will launch the first TRUE Lightning DEX, which will run on masternodes. All the masternodes will host the chains, which means nobody needs to sync with the network, submit KYC, or register anywhere.

If you're looking for a low cap gem, this is a good bet. IMHO

Biggest reason this will take off, is because the project itself enhances BTC and LTC by using the lightning network as a medium of exchange.
Imagine yourself being at work, you check the price of BTC, and notice it spiked $1000 in a few mins, and the first thought you have is: SELL and tether up! You can do that in seconds using the multi currency wallet, once USDT moves to lightning (they did announce that recently). All this at next to no fees, and with 100% privacy and safety, since you dont need to trust a third party to exchange your coins.