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Author Topic: Prices of Bitcoin and Altcoin are down now ...?  (Read 1168 times)
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October 16, 2019, 03:25:51 AM
 #121

It is definitely a cycle, once it goes up it must come down but the question here is until when.. a lot will happen during the time of low prices and it can definitely change the market but Binance is a strong coin that will not let you down.
this year the trend of crypto trading as not so predictable. even many predictions that have been made do not produce as expected. now is the time to start trading with potential coins, because you can see that some new coins won't last long in the market.

Pretty much unreliable if we select to hold since we might gonna lose if market fall down and I can't see any good progress with the alts right now since there is no sign that we can see an uplift, I was thinking not to hold since the market situation is so questionable and would prefer to do a short trade on the alts but will still look maybe on year 2020 since possibly we can see a big buff with all crypto's on the market.

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October 16, 2019, 03:27:03 AM
 #122

Now, some of Altcoin is starting to show up trend even though the price of Bitcoin is starting to look down. Does this indicate that the Bearish market is over? if true then don't forget to buy some potential Altcoin like ETH, LTC and BNB to be used as a long-term investment.
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October 16, 2019, 05:10:43 AM
 #123

Now, some of Altcoin is starting to show up trend even though the price of Bitcoin is starting to look down. Does this indicate that the Bearish market is over? if true then don't forget to buy some potential Altcoin like ETH, LTC and BNB to be used as a long-term investment.

Maybe some of them got manipulate by it's traders and it's pretty normal since it really happens on tradings, But I'm keep looking after with BTC,ETH and XRP right now and doing some leverage trades on them while the market still declining and hopefully in future maybe in next year we can see a massive pump since I think the good time is coming by that year.

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October 16, 2019, 05:49:33 AM
 #124

Now, some of Altcoin is starting to show up trend even though the price of Bitcoin is starting to look down. Does this indicate that the Bearish market is over? if true then don't forget to buy some potential Altcoin like ETH, LTC and BNB to be used as a long-term investment.
Which altcoin is rising now? Look carefully, almost all cryptocurrencies are going down, including bitcoin and altcoin.  Even those altcoin which you said also down too right now.

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October 16, 2019, 09:03:13 AM
 #125

This is what happens in markets everyday. Prices go up and down everyday here you cannot blame bitcoin or any other altcoin. Crypto markets are meant to be very shaky and can be very volatile everyday. If it's down now it will increase some other day so relax.

 
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October 16, 2019, 09:31:02 AM
 #126

Don't panic, friend, this decline is only a price correction to jump higher in the next step, your job is just to hold your assets or if you want to add some good coins now are the right time. We must be prepared to wait for the moment where Bitcoin and other coins decline like this. Patience is a key.

 
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October 16, 2019, 11:09:29 AM
 #127

I do not really understand why some are still complaining that altcoins have not performed as well as bitcoin, traders should not care about which asset is the one that is performing the best, you should only look at the different charts and invest in the coin that is presenting the best chance of making profits, and during the last moths that was bitcoin, why the traders that were holding altcoins did not sold their coins and bought bitcoin and got profits as well?

You have a point, but I guess this is exactly what most traders do! They look at a chart, and they think ok I see a lot of opportunities here. Market wise in logic when you see Fibonacci lines and all that make sense you go in and get a position.

But they do not realize these are in the end pump and dump and manipulated markets so the charts do not make sense.

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October 16, 2019, 01:58:26 PM
 #128

The price of Bitcoin and altcoins have risen and it dropped down again. I don't see any effect from the exchanges. Cryptocurrencies are just volatile and we can't control it. We only have to deal with the changes and take it as an opportunity to buy when the prices drop down and sell when the prices strike high.
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October 16, 2019, 02:05:55 PM
 #129

Don't panic, friend, this decline is only a price correction to jump higher in the next step, your job is just to hold your assets or if you want to add some good coins now are the right time. We must be prepared to wait for the moment where Bitcoin and other coins decline like this. Patience is a key.
Very agree with you, in a situation that is experiencing sluggishness for all coins. obviously it takes a lot of patience and doesn't need to panic or do things in a hurry so that it actually harms.
this is reasonable and we can be sure that in the following months there will be progress and improvements in bitcoin and other altcoins.

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October 16, 2019, 02:12:45 PM
 #130

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.
If you have been watching over the prices for years already, what is happening now is a definite ordinary.. Prices go up and down and many traders sell their coins and dont hodl em..when prices are right, they regret. If you really want to gain, you must know the trend of the prices of your coins.

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October 16, 2019, 03:32:14 PM
 #131

Yes, now the market is down, both Bitcoin and altcoin are also going down in price, maybe this is good to buy, or if you want to monitor it first it's a good idea too. I don't think Binance exchange is a problem, all is well. I'm also trading at Binance right now and everything is safe

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October 16, 2019, 04:25:30 PM
 #132

In my opinion the price of altcoin or bitcoin this year has experienced a pretty good increase, especially bitcoin has experienced a 3x increase in price. but the disappointment of people still talking about altcoin which until now still does not provide much benefit for investors and holders. all are still patient for profit . I still hold some altcoins that have the potential to sell when they are on target
I do not really understand why some are still complaining that altcoins have not performed as well as bitcoin, traders should not care about which asset is the one that is performing the best, you should only look at the different charts and invest in the coin that is presenting the best chance of making profits, and during the last moths that was bitcoin, why the traders that were holding altcoins did not sold their coins and bought bitcoin and got profits as well?
because the bitcoin price still not stable, investor are scarry to invest/trade their money into altcoin with crazy volatile because adjust the bitcoin price.
for myself i just want to rest from trading on this condition market like now

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October 16, 2019, 05:05:22 PM
 #133

Actually, if you look to the coinmarketcap right now you can totally see the falling down the price of top rank cryptocurrencies especially the bitcoin. My last sight in the price of bitcoin is around 8300$ but now when I look it again in the market it is now $8,014.68 which not totally good because if this thing keep on falling down we might experience a bear market. Anyone here who still expecting a better price on this last quarter of the year 2019.

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October 17, 2019, 06:10:37 AM
 #134

trading in binance is safe, but in conditions like this I advise you not to enter, I have tried trading a few days and the results are disappointing.
it's better to wait for the conditions to improve a little.
or you can buy btc or alt and hold it for quite a long time, so you only wait for the time to sell it when the market goes up.
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October 17, 2019, 07:23:45 AM
 #135

I do not recommend trading in such conditions because of the more loss than profit.
Better wait for market conditions in order not to reduce the risk of lose. Or you can buy Bitcoins for the long-term.

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Inkdatar
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October 17, 2019, 08:08:21 AM
 #136

trading in binance is safe, but in conditions like this I advise you not to enter, I have tried trading a few days and the results are disappointing.
it's better to wait for the conditions to improve a little.
or you can buy btc or alt and hold it for quite a long time, so you only wait for the time to sell it when the market goes up.
I have use binance many times and it’s okay, when we observe today the market conditions both bitcoin and altcoins drop it's price. Yes if we would take the risks in buying from decline price then we can wait for the price increase to take profit. We’ve seen this circumstance in the crypto market that prices could go down further and will surge high.
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October 17, 2019, 01:45:39 PM
 #137

I am different from those of you who choose the new altcoin, but even though it is considered good in terms of volume and trade data, we cannot do further analysis if you want to invest or trade. I have stopped looking for a new altcoin as an investment because everything I have done ends in failure on the project
New altcoins is a very wrong choice of coin to pick from right now, though I heard that there are some project that are very good and new but will never invest in them that much until they have entered exchange and fully established, after they have stayed a while in the market is the only way that you can really know if they are of quality services or not, because if you use their early stage to judge them, they might just be some of these coins that usually leave in the glory of hype at the beginning but does not have the real project to actually sustain themselves in the market.

Most of the projects that I prefer to invest in now are these projects that at least fall within the top 200, even if I don't buy the top ones, anyone within the top 200 is sure good for long term investment if thou read their white paper very well and then see how active their developers has been.
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October 17, 2019, 03:02:17 PM
 #138

many coins are going lower and lower right now, but that's still good for trader if you can take advantage of it
you can short 'em in bitmex, which is selling high and buy low. that's find the coin which will go lower and you will get profit
but, you must set tigh stoploss because if you dont do, so you can get #REKT liquidated
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October 17, 2019, 03:33:43 PM
 #139

many coins are going lower and lower right now, but that's still good for trader if you can take advantage of it
you can short 'em in bitmex, which is selling high and buy low. that's find the coin which will go lower and you will get profit
but, you must set tigh stoploss because if you dont do, so you can get #REKT liquidated

   It`s not the first time, and it`s not the last time. Prices are going up and down all the time, didn`t you get use to it
by now?
   Some coins are going lower and lower, that`s true! But not all of them. In this year we have seen some good rises and
some good all times high prices for some coins. Not everything is so red as some people think and wrote in this thread.



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Pelunize12
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October 18, 2019, 09:21:59 AM
 #140

many coins are going lower and lower right now, but that's still good for trader if you can take advantage of it
you can short 'em in bitmex, which is selling high and buy low. that's find the coin which will go lower and you will get profit
but, you must set tigh stoploss because if you dont do, so you can get #REKT liquidated

   It`s not the first time, and it`s not the last time. Prices are going up and down all the time, didn`t you get use to it
by now?
   Some coins are going lower and lower, that`s true! But not all of them. In this year we have seen some good rises and
some good all times high prices for some coins. Not everything is so red as some people think and wrote in this thread.

yes i know that the prices are going up and down all the time, i just wanna share to take advantage by long and short
you said look like no matter how price down, it still can be up. but it's not always like that, the price isnt always recover, the history isnt always repeat itself
it needs good and solid reason to recover price all time
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