what is happening now?

[H1N1]

hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

I guess it is because there were many bad projects in the past, destroying the crypto sphere.
Peoples who lost much money from scam projects, are no longer investing in crypto project,
liquidating all of their coins, and the price become dump in the market.

[1714866842]

1714866842

[1714866842]

1714866842

[HodlerKing101]

I feel the excitement whenever the coin value rises and at the same time, the bad feeling whenever I'm at a loss. The crypto community should never panic during these times (Especially now that BTC is down to 9.5k) and instead be knowledgeable with what's going on in the cryptospace with crypto & blockchain news. Halvening will happen early next year so I'm expecting growth in the price and not sell right now.

[zenhu]

That just happen, and its difficult to predict or analyst why its happening right now. Crypto market always have big surprise to shock everyone, we just can wait until its done and stable.
I think people got traumatic about ICO, because in 2017 this invesment method so popular but in 2018 til now its just burn their own money, so they prefer to trade in bitcoin only.

[Bitcoin+Fi]

After 2017, people lost a lot when they invested in altcoins. Now people have become more cautious and prefer to keep money in bitcoin.

Now it's just that people believe in Bitcoin more than in alts, so Bitcoin's dominance is high, so I think next year the situation will change very much

[PLATO]

hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

The Bitcoin dominance is high actually, so its price is going up slowly while altcoins market is still down. There are some altcoins which go up with time despite the actual situation, like BNB for example. But generally the altcoins market is not good actually and it is better to invest in BTC.

Everyone has their own hobby in investing in this market. If you have a bad mentality, choosing a safe solution is the last solution for you but if you are a risk lover then altcoin can absolutely make a profit. You may lose your investment and feel depressed but if people still hope in this market, anything can happen. Personally, I am still making good money from some altcoins and sometimes I feel very bored because the market is constantly adjusting.

[SirLancelot]

After 2017, people lost a lot when they invested in altcoins. Now people have become more cautious and prefer to keep money in bitcoin.

Now it's just that people believe in Bitcoin more than in alts, so Bitcoin's dominance is high, so I think next year the situation will change very much

That is the key because I have seen that people likes to  dwell in past glory a lot and they like to always attribute the present to the future. Majority of us need to start analyzing the market critically so that we can understand what happened in that 2017 and how that is missing now.

I know the drive for 2017 which was the ICO hype then, and this made a lot of people worldwide to know about bitcoin even to some villages, but because many were new to it, they invested at that peak time, and this till date is still discouraging people and shifting them away from making more investment until their previous ones is being recovered, and coupled with the fact that ICO market has now become fully bad in terms of bad project which is also quite very disheartening.

[sniveling]

After 2017, people lost a lot when they invested in altcoins. Now people have become more cautious and prefer to keep money in bitcoin.

Now it's just that people believe in Bitcoin more than in alts, so Bitcoin's dominance is high, so I think next year the situation will change very much

That is the key because I have seen that people likes to  dwell in past glory a lot and they like to always attribute the present to the future. Majority of us need to start analyzing the market critically so that we can understand what happened in that 2017 and how that is missing now.

I know the drive for 2017 which was the ICO hype then, and this made a lot of people worldwide to know about bitcoin even to some villages, but because many were new to it, they invested at that peak time, and this till date is still discouraging people and shifting them away from making more investment until their previous ones is being recovered, and coupled with the fact that ICO market has now become fully bad in terms of bad project which is also quite very disheartening.

So we analyze the cryptocurrency market. I definitely think that you can expect the price of Bitcoin above $ 10,000. Because the cryptocurrency market continues to evolve.

[Inkdatar]

That just happen, and its difficult to predict or analyst why its happening right now. Crypto market always have big surprise to shock everyone, we just can wait until its done and stable.
I think people got traumatic about ICO, because in 2017 this invesment method so popular but in 2018 til now its just burn their own money, so they prefer to trade in bitcoin only.

This is the cycle in the market that we can see it is difficult to predict prices. Exactly market surprises users that it may increases and decrease that’s why we have to expect the risks. Bitcoin has high dominance indeed but hopefully we will see the good changes or flow in the market next year.

[Bitcoin Seller]

After 2017, people lost a lot when they invested in altcoins. Now people have become more cautious and prefer to keep money in bitcoin.

Now it's just that people believe in Bitcoin more than in alts, so Bitcoin's dominance is high, so I think next year the situation will change very much

That is the key because I have seen that people likes to  dwell in past glory a lot and they like to always attribute the present to the future. Majority of us need to start analyzing the market critically so that we can understand what happened in that 2017 and how that is missing now.
I know the drive for 2017 which was the ICO hype then, and this made a lot of people worldwide to know about bitcoin even to some villages, but because many were new to it, they invested at that peak time, and this till date is still discouraging people and shifting them away from making more investment until their previous ones is being recovered, and coupled with the fact that ICO market has now become fully bad in terms of bad project which is also quite very disheartening.

So we analyze the cryptocurrency market. I definitely think that you can expect the price of Bitcoin above $ 10,000. Because the cryptocurrency market continues to evolve.

On September 24-25, Bitcoin dropped to $ 7,700, and that was a great shock for all, although the crypto experts used to forwarn people that these events would happen soon. Suppose, not the market is going to be stabilized, and it will go up slowly as before. Bakkt was an attempt to find the reason for the cryptocurrency real fall, and as we see, the market now is manipulated violently.

[joshy23]

After 2017, people lost a lot when they invested in altcoins. Now people have become more cautious and prefer to keep money in bitcoin.

Now it's just that people believe in Bitcoin more than in alts, so Bitcoin's dominance is high, so I think next year the situation will change very much

That is the key because I have seen that people likes to  dwell in past glory a lot and they like to always attribute the present to the future. Majority of us need to start analyzing the market critically so that we can understand what happened in that 2017 and how that is missing now.

I know the drive for 2017 which was the ICO hype then, and this made a lot of people worldwide to know about bitcoin even to some villages, but because many were new to it, they invested at that peak time, and this till date is still discouraging people and shifting them away from making more investment until their previous ones is being recovered, and coupled with the fact that ICO market has now become fully bad in terms of bad project which is also quite very disheartening.

The sentiment of old investors who loses their money way back expressed from how they are being discouraged investing more from the market. They are not willing to take the same risk or majority of them who's still around are now being careful to where to put their money. It was a bad experienced but can also be takes as a learning patterned for succeeding to this market.

[jmigdlc99]

hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

Someone once said, "Life is like a tire, sometimes you're on top, sometimes you're at the bottom."

People say it's just all part of the cycle that is crypto. What is happening to the crypto market right now is that it is recovering from the bull run just a few months ago. Just give it some time and be patient, just hold and patient.

[ajqjjj]

hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

Someone once said, "Life is like a tire, sometimes you're on top, sometimes you're at the bottom."

People say it's just all part of the cycle that is crypto. What is happening to the crypto market right now is that it is recovering from the bull run just a few months ago. Just give it some time and be patient, just hold and patient.

Previous bull run was create some expectations so many of them eagerly waiting for the next bull run and some peoples are again move to USDT. Your thought is completely right some patients is need for crypto, so those are panic selling in this situation they are all worried in next pump. But some investors are brilliantly use this situation. Today market is little confused on many investors at the same time long term investors are you buy more Bitcoin in current scenario.

[sniveling]

hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

Someone once said, "Life is like a tire, sometimes you're on top, sometimes you're at the bottom."

People say it's just all part of the cycle that is crypto. What is happening to the crypto market right now is that it is recovering from the bull run just a few months ago. Just give it some time and be patient, just hold and patient.

Previous bull run was create some expectations so many of them eagerly waiting for the next bull run and some peoples are again move to USDT. Your thought is completely right some patients is need for crypto, so those are panic selling in this situation they are all worried in next pump. But some investors are brilliantly use this situation. Today market is little confused on many investors at the same time long term investors are you buy more Bitcoin in current scenario.

When an investor sold Bitcoin at 12,000-14,000 dollars, then of course they can now buy back Bitcoin at a big discount. But there were few such investors. I think that 80% of people hoped that the market would continue to grow.

[lab rat hoax]

hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

I think the reason of this too many new investors coming to market in 2017, so both the bitcoins and altcoins were affected by this new money, but now there are no new investors coming to the market. So we're counting in our place. Bitcoin dominance in the market is very high and that's why altcoins can be affected by every harsh movement of bitcoin. I think this will improve soon

[bellicose]

hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

I generally found out about bitcoin in 2011. Only then I had no finances and I could not invest. Later, I began to actively engage in cryptocurrency, but the life situation forced me to translate everything into fiat. The price is almost impossible to predict, especially altcoins, which often live on their own, while bitcoin is more stable. Some small investments at the moment are in my altcoins and I am also waiting for growth, I hope some positive dynamics will happen before the new year.

[dodgrad]

hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

I think the reason of this too many new investors coming to market in 2017, so both the bitcoins and altcoins were affected by this new money, but now there are no new investors coming to the market. So we're counting in our place. Bitcoin dominance in the market is very high and that's why altcoins can be affected by every harsh movement of bitcoin. I think this will improve soon

Exactly. This is not the bull run we saw in 2017. For altcoins to start rising as they did then, investors must regain confidence in market stability, and this will probably happen soon. In short, the market needs a lot more fresh capital to get altcoins prices again skyrocketing.

[cryptoloverlife]

hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

I think the reason of this too many new investors coming to market in 2017, so both the bitcoins and altcoins were affected by this new money, but now there are no new investors coming to the market. So we're counting in our place. Bitcoin dominance in the market is very high and that's why altcoins can be affected by every harsh movement of bitcoin. I think this will improve soon

Exactly. This is not the bull run we saw in 2017. For altcoins to start rising as they did then, investors must regain confidence in market stability, and this will probably happen soon. In short, the market needs a lot more fresh capital to get altcoins prices again skyrocketing.

We shouldn't consider it as signs of bull run what was happening in 2017, but according to the charts, the altcoin has already touched bottom level, which it is impossible to guess how long it is going to take for the recovery. Already there are huge funds in the market, that's why the volumes of Bitcoin is kept increasing.

[ajqjjj]

hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

Someone once said, "Life is like a tire, sometimes you're on top, sometimes you're at the bottom."

People say it's just all part of the cycle that is crypto. What is happening to the crypto market right now is that it is recovering from the bull run just a few months ago. Just give it some time and be patient, just hold and patient.

Previous bull run was create some expectations so many of them eagerly waiting for the next bull run and some peoples are again move to USDT. Your thought is completely right some patients is need for crypto, so those are panic selling in this situation they are all worried in next pump. But some investors are brilliantly use this situation. Today market is little confused on many investors at the same time long term investors are you buy more Bitcoin in current scenario.

When an investor sold Bitcoin at 12,000-14,000 dollars, then of course they can now buy back Bitcoin at a big discount. But there were few such investors. I think that 80% of people hoped that the market would continue to grow.

Market will growing again it is 100% sure and this is a fact. But peoples are move to secure platform because of high fluctuation on recent dump. So those are invested in Bitcoin they are all trade some other coin and new investors are increasing in Bitcoin.

[Emperor of Man]

The relationship between the BTC price and altcoins prices is not easy. I've heard 6 thousand explanations and none explains it flawlessly.

The thing that I see right now, is that any sudden huge move in BTC price (positive or negative) dumps the alts (maybe because people sell alts to go burn their money margin trading in bitmex). Alts need people's trust and it's not gonna be easy earning it back.

[Slash61]

Market will growing again it is 100% sure and this is a fact. But peoples are move to secure platform because of high fluctuation on recent dump. So those are invested in Bitcoin they are all trade some other coin and new investors are increasing in Bitcoin.

of course, there will be an increase in demand for bitcoin when the market is going down. many who release altcoin or other assets then switch to bitcoin with a greater level of market trading than other assets.
for those who believe in the assets they have, they will not panic to see the market go down, because when the market goes down it opens up opportunities for greater profits.