Prices of Bitcoin and Altcoin are down now ...?

[trickyriky]

Conditions of decline and increase in cryptocurrency are things that are already common. fluctuations in the crypto market are very large and large increases or decreases are very likely to occur in the crypto market. if you are still in this condition you might learn a lot about the basics of crypto

Comparing the movements of different currencies exchange rates, one can easily notice that some of them are in correlation with each other. So, many altcoins repeat the rise and fall of Bitcoin. BTC is the leader of the cryptocurrency market, therefore, it actively influences it.
As an exception, sometimes user funds flow from altcoins to Bitcoin, which is why it is growing, and altcoins are falling.

[Capt00]

Yeah, you've notice the price is going down but have you notice it how many times it goes up? People are too diligent in notifying the dumping scenario of the market, the same thing of finding mistakes but the never recognized it contribution to the market and the benefits they got from here.
There is no reason why we have to complain any dumping scenario cause we know already how the market works and we living in a decentralized market.

[Distinctin]

Yeah, you've notice the price is going down but have you notice it how many times it goes up? People are too diligent in notifying the dumping scenario of the market, the same thing of finding mistakes but the never recognized it contribution to the market and the benefits they got from here.
There is no reason why we have to complain any dumping scenario cause we know already how the market works and we living in a decentralized market.

There are people who complains but not everyone will complain, those who short BTC will definitely be happier if the price continues to go down.
In this market, we have different interest that's why the price is so volatile and we can never change that reality.

For now, let's work with our interest and if we think Bitcoin will again recover, there's nothing to fear on the situation because that is needed is very simple, just hold, relax, and wait for the right time both altcoins and bitcoin will start rising again. We are not new to this situation, market changes occurs a lot of times in different times, so even if the market is unpredictable, we already have an idea that what is happening now is normal in crypto.

[ici_lemmy]

It seems to me that the price of Ethereum and Bitcoin today each lives its own life, Independently of each other.  But Other altcoins do not respond at all to Bitcoin pricing at all.  It seems to me that today, users are trying to concentrate more on investing in Bitcoin by selling altcoin, which they consider to be not promising.

Yes, investors are less interested in the altcoins and trying to hold the basic coin the BTC only. Actually, there are lots of altcoins junk, that need to be cleaned.. Then we will see the healty grow again in the crypto market.

I think this year all shitcoins will be removed from this market because so many coins are trading at zero volume so this year is definitely the year of purging all altcoins in this market. In my opinion, 2020 will probably be the best period for things to stabilize because this is the time when a lot of important news will appear in this market and if there is a need for investment, you should choose ETH or BTC because are the two safest investments

[Sunyoto]

yes I think now the price of bitcoin and the price of the altcoin market are down, for me you can also buy in the binance market, for me it is also a centralized market and also a lot of good growth going forward

[tabas]

Binance is safe if you are using the exchange as an exchange and not as a security vault. The prices of crypto's are going down from time to time so it's not an issue if we see the prices swings oftenly.

yes I think now the price of bitcoin and the price of the altcoin market are down, for me you can also buy in the binance market, for me it is also a centralized market and also a lot of good growth going forward

Although Binance has launched their Binance DEX, coming from CZ it's not really a decentralized market so you're right that it's a centralized market but it's convenient to use.

[reallester]

~~~ at that time Binance was at the restat. Thank you and I appreciate all the answers.

Simple, Just move your cryptocurrency on that exchange into your own wallet.
When situation was good, let moving back into exchange and begin trading.
Or you can HOLD your fund on your own wallet and sell it at 2030 year.

[omonuyak]

hi My friend noticed that in the last few weeks both the price of bitcoin and altcoin bled, is there anyone who can give me good advice for buying and trading that is good and safe. because I heard a few months ago that the Binance exchange was at the restat, now is it safe if I return to trade there, because I have also traded a long time in binance, so I was on vacation to trade there, because at that time Binance was at the restat. Thank you and I appreciate all the answers.

There is no any form of buying and selling in cryptocurrency market that is safe. You just need to make up your mind from beginning that you are investing into something that is highly volatile and it is possible to lose heavily by just an hour of price movement. You can see what happened about three days ago and how bitcoin losed around $700 within 30 minutes.

[maydna]

~~~ at that time Binance was at the restat. Thank you and I appreciate all the answers.

Simple, Just move your cryptocurrency on that exchange into your own wallet.
When situation was good, let moving back into exchange and begin trading.
Or you can HOLD your fund on your own wallet and sell it at 2030 year.

That will be a good idea because at least, we are not panic to see the price is down deeper because we still hold the coins in our wallet. But you need to consider to think about how you can manage your emotion when the price is going to down deeper than you can imagine. Perhaps, if you were bought the coin at a very low price, it will not be a problem, but many of us already buy the coin at the middle or high price so the chance to be panic will be there.

The bitcoin and altcoin price now still going down, but we don't have to panic so we can make another strategy to prevent the big losses that might happen. One thing that we need to remember, this situation will not stay forever. There is time for the cryptocurrency market to rise again and reach the very highest price.

[LogitechMouse]

Well as an investor, you must be ready in any situations especially in situations like this.

hi My friend noticed that in the last few weeks both the price of bitcoin and altcoin bled, is there anyone who can give me good advice for buying and trading that is good and safe. because I heard a few months ago that the Binance exchange was at the restat, now is it safe if I return to trade there, because I have also traded a long time in binance, so I was on vacation to trade there, because at that time Binance was at the restat. Thank you and I appreciate all the answers.

There is no such thing as good and safe advice when it comes to crypto since there is always risk on it. Even holding has risk too so you must always ready if worst and the best happens. Just hold Bitcoin and some altcoins.

[Jpti]

My advice is you can trade in binance exchange without any hesitation. Binance exchange is becoming number one exchange beating coinbase. It is partnering with remittance companies. I think investment in Binance Coin is also good idea and it will give more profits in the long run.

[leea-1334]

Yeah, you've notice the price is going down but have you notice it how many times it goes up? People are too diligent in notifying the dumping scenario of the market, the same thing of finding mistakes but the never recognized it contribution to the market and the benefits they got from here.
There is no reason why we have to complain any dumping scenario cause we know already how the market works and we living in a decentralized market.

Exactly,,, is it not the case with almost everyone in this crypto world? Do we see people complaining when the price goes up and up and sometimes even ridiculous price for ridiculous tokens with no utility? Of course not. But if things go down people complain. Human nature I guess. They did not see the consequence of the past.

[mr_random]

Conditions of decline and increase in cryptocurrency are things that are already common. fluctuations in the crypto market are very large and large increases or decreases are very likely to occur in the crypto market. if you are still in this condition you might learn a lot about the basics of crypto

Comparing the movements of different currencies exchange rates, one can easily notice that some of them are in correlation with each other. So, many altcoins repeat the rise and fall of Bitcoin. BTC is the leader of the cryptocurrency market, therefore, it actively influences it.
As an exception, sometimes user funds flow from altcoins to Bitcoin, which is why it is growing, and altcoins are falling.

makes sense, it could be for altcoin holders to easily sell their investment and then convert it to bitcoin because they think bitcoin is the safest asset to use as a long-term investment, so that it can influence altcoin price movements which continue to decline dramatically in the market

Altcoin hodlers are the pure example of the crypto speculators in general. They dont expect the worst case in the most trades in alt season and they fail again to the true believers who have the loyalty to the team and the project's vision. The speculation has some damaging impact on the crypto markets and the skillful traders don't care about the mass adoption, what they are interested is to make as much money as from my experience.

[RealMalatesta]

My advice is you can trade in binance exchange without any hesitation. Binance exchange is becoming number one exchange beating coinbase. It is partnering with remittance companies. I think investment in Binance Coin is also good idea and it will give more profits in the long run.

Is there still any competition amongst these two, because I am sure that long time ago is when people have known and accepted that binance is the king of all exchanges, and they are good at what they are doing.

Coinbase is good no doubt about that and they have the largest user base till date but when it comes to volume, binance even have volume and more function than coinbase, and also, binance has also established so many other projects while coinbase still cling to just one project alone, and these numerous projects that binance has created and part of the many projects that will see them all through the future and make their value to continue to appreciate. Best time to buy these altcoins and bitcoin now on binance is now, also because of the cheaper fee that we will get.

[Arkann]

Until now, there have been a lot of predictions regarding the fact that by the end of 2019, the cryptocurrency market will show more or less normal results.  But no one speaks exactly regarding Altcoin, because almost everyone is interested in Ethereum and Bitcoin.  I would like to foresee at least a little further action on prices for altcoin.

[bigjuk]

yes,Bitcoin and Altcoin prices dropped dramatically this week,I have a suggestion when prices drop significantly is a good time to buy as much altcoin as possible as ETH because the next few weeks the market situation will improve that's when we get profit

[alrose]

yes,Bitcoin and Altcoin prices dropped dramatically this week,I have a suggestion when prices drop significantly is a good time to buy as much altcoin as possible as ETH because the next few weeks the market situation will improve that's when we get profit

Yes, you are right when everyone complains about price reductions, it's time to buy as many coins as possible.(which I did)

[fathur01]

Choose the coins to buy you have to yourself, because it is you who are responsible for their choice. But with regard to the exchange Binance, it is still safe to trade. Visit the site coinmarketcap and see what coins are now in the top. Analyze some of them and choose the most successful moment of buy.

[Hamphser]

Choose the coins to buy you have to yourself, because it is you who are responsible for their choice. But with regard to the exchange Binance, it is still safe to trade. Visit the site coinmarketcap and see what coins are now in the top. Analyze some of them and choose the most successful moment of buy.

Not really choosing something that you like but they should prefer a coin that would give them a profit in the long run such as bitcoin. Some altcoins will give us a profit in the long run but most of them is just good for a short term investment. It's better to choose the right altcoin that you wish to give you a profit in the future.

[rhodelmabanal]

yes,Bitcoin and Altcoin prices dropped dramatically this week,I have a suggestion when prices drop significantly is a good time to buy as much altcoin as possible as ETH because the next few weeks the market situation will improve that's when we get profit

Yes, you are right when everyone complains about price reductions, it's time to buy as many coins as possible.(which I did)

Instead of complaining, we must think it in reverse way of grabbing new opportunities that could subside this time. Although we seem to observed a down market for btc and alts, that's a very best chance for us to pick our prospected coins while it has cheaper price now.