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Author Topic: Prices of Bitcoin and Altcoin are down now ...?  (Read 1129 times)
Omega Weapon
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October 23, 2019, 03:45:01 AM
 #161

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.
That is what they should do but that is not what they do, look at all the threads on the forum of members being mad about the performance of altcoins, if you do you will read many stories of members which did not sold their altcoins thinking they will go up at any moment and now they are frustrated that they did not, they had the opportunity to invest in bitcoin for several weeks when the market was just accelerating and they choose not to and they are complaining about it when it was their mistaken decision which explains why they are losing money.
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October 23, 2019, 04:02:12 AM
 #162

I think when the price of bitcoin and altcoin falls then it can be used to buy coins again because the prices are still very cheap can provide an opportunity to buy coins at low prices, and conditions when the market is suitable for opening buy orders at low prices.
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October 23, 2019, 04:18:22 AM
 #163

We can not do anything about the condition of this bearish market, what else can I do, this is a risk that I must accept as an investor.
From the beginning start investing in bitcoin and altcoin must be prepared with a high risk. Besides me many traders and other investors
also frustrated with market conditions like this. All you need to do is be patient hoping the market is bullish soon. But you don't have to
worried about the current condition of cryptocurrency. I am confident in the future of cryptocurrency, so now take a short break from activities
trading. Relax just enjoy life. Because it's useless to force trading in market conditions like this that there are even more losers later.

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October 23, 2019, 05:07:07 AM
 #164

We can not do anything about the condition of this bearish market, what else can I do, this is a risk that I must accept as an investor.
From the beginning start investing in bitcoin and altcoin must be prepared with a high risk. Besides me many traders and other investors
also frustrated with market conditions like this. All you need to do is be patient hoping the market is bullish soon. But you don't have to
worried about the current condition of cryptocurrency. I am confident in the future of cryptocurrency, so now take a short break from activities
trading. Relax just enjoy life. Because it's useless to force trading in market conditions like this that there are even more losers later.

yes, this is all actually beyond prediction. I think that this month the price of the cryptocurrency has begun to recover, and because of that thought, I have struggled to collect popular coins since the beginning of this year. but, it looks like the bear market is not yet ending, even today the price of popular coins is decreasing, even bitcoin. for this month it seems that the price of bitcoin is quite difficult to be at $ 8500.

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October 23, 2019, 07:45:57 AM
 #165

This month, I see that the price of bitcoin itself is stable. for the price of altcoin can not be predicted because some altcoins are also in fact experiencing a price decline. we can not guess the direction of altcoin due to so many and each altcoin has different potential.as well as potential altcoin and shit tokens
we cannot predict and know the future development of any crypto currency and currently bitcoin is still stable in price and value and some altcoin is declining and it all cannot be known with certainty its development requires confidence and cleverness in utilizing every opportunity we will get to get profit in investing
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October 23, 2019, 09:04:08 AM
 #166

It is impossible to predict the prices of altcoins and which we are seeing the downturn of an altcoin is continuing. Which we don't see any positive signs in the market about how long it is going to take to recover the prices. With this Bitcoin fluctuation, it is impossible to predict the prices.
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October 24, 2019, 05:00:50 PM
 #167

this is all actually beyond prediction. I think that this month the price of the cryptocurrency has begun to recover, and because of that thought, I have struggled to collect popular coins since the beginning of this year. but, it looks like the bear market is not yet ending, even today the price of popular coins is decreasing, even bitcoin. for this month it seems that the price of bitcoin is quite difficult to be at $ 8500.
For the coins that we have collected when we feel that the coin had dumped enough, I think is still not a mistake for investing at that value, we can still always purchase at every dip that we see, especially altcoins because they are not as expensive as bitcoin, so buying every time there is a dip will still not make us go bankrupt, it will only prepare us for a more bigger profit in future.

No matter how deep some of these altcoins are going, they can never zero, and it will get to a point where they will dip to the extent where they will make a U-turn and then start heading for a more profitable investment, so all that is need is just for us to be patient and watch has most of the coins we have bought grow from 2x to 100x in future when altcoins season starts.
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October 25, 2019, 12:08:04 PM
 #168

It is impossible to predict the prices of altcoins and which we are seeing the downturn of an altcoin is continuing. Which we don't see any positive signs in the market about how long it is going to take to recover the prices. With this Bitcoin fluctuation, it is impossible to predict the prices.
Yes, even for the price prediction of bitcoin, it's difficult to tell an accurate prediction for it. That's why many have predicted the price of it before but majority have failed with their predictions but there were few that were almost correct but considerably good and right with their guesses. Those investors that are complaining on how bad this market is knowing that they've held most with altcoins didn't realize that they should fix their positions and take bitcoin with them.



 

 

 

 

 

 


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October 25, 2019, 01:02:36 PM
 #169

if currently the price of bitcoin and altcoin falls in my opinion this could be a very good moment to be able to buy both or buy one such as only buying bitcoin which has guaranteed benefits that you can get if you can hold and do it for the long term.
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October 25, 2019, 02:43:55 PM
 #170

It is impossible to predict the prices of altcoins and which we are seeing the downturn of an altcoin is continuing.
isnt it easy prediction? the anser is contious downtren, downtrend is part of prediction

Quote
Which we don't see any positive signs in the market about how long it is going to take to recover the prices.
many people believe it would happen in the altseason, usually altseason happen in/ after bitcoin reach new ATH
ATH bitcoin happens in 1 year after halving. so you get the answer

 
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October 25, 2019, 03:04:52 PM
 #171

Everything depends on your situation, but of course there are recommendations. Try to trade or invest only in coins with the top 20-30 Coinmarketcap. Don't buy all the money right away. Buy gradually, and a little. If the price drops then buy some more, and do not invest in only one coin. And, of course, before you trade, go through some trading courses. Because in this market it is very easy to lose money.

You should always check Coinmarketcap so that you can always be updated to the current exchange, i also advice to have lot of patience in doing trades because you can only gain big profit if you hold and wait till the right moment when the price of your coin rises up. Also have some experience in doing trades because in that way you can come up with your own strategies that you can use in doing trades. Yobit and Binance are the best exchanges. they are very secure, trustful and i have personal experience with them.
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October 25, 2019, 03:24:01 PM
 #172

Yes, even for the price prediction of bitcoin, it's difficult to tell an accurate prediction for it. That's why many have predicted the price of it before but majority have failed with their predictions but there were few that were almost correct but considerably good and right with their guesses. Those investors that are complaining on how bad this market is knowing that they've held most with altcoins didn't realize that they should fix their positions and take bitcoin with them.
I just feel that they should not complain and realize that the risk in cryptocurrency trading is that we cannot be sure whether prices really went up or not. we only estimate by the available evidence that prices might go up, or even go down.

even I also hold bitcoin with the thought that the current price of bitcoin will go up, but the price of bitcoin is down to the level of $ 7.5k. I'm not complaining about this, it's just that I feel that my prediction is a little wrong, and this is maybe can be a lesson.
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October 25, 2019, 06:25:56 PM
 #173

I can’t understand how experts can determine the further development of events on the cryptocurrency market, but nevertheless I have to admit that they still have a little something to do.  Just this morning, in the news about cryptocurrency, there was information that cryptocurrency users were waiting for an amazing jump of Bitcoin to the top, but no one pointed out the reasons for this cryptocurrency price surge.  And in the evening I observe a 15% increase in the price of Bitcoin.  Who can explain why Bitcoin has risen in price by almost $ 1,000?

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October 26, 2019, 03:54:06 AM
 #174

In my opinion, the ups, and downs of the price of BTC and altcoin are very normal, and not very influential on the crypto market, as long as the decline is not too drastic, even the decline could be the right time to buy BTC and altcoin, and if we have gotten  it, we are just waiting for the price to bounce back, we will sell it, so we get a profit, the momentum is much awaited by BTC and alt users.

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October 26, 2019, 05:30:59 AM
 #175

In my opinion, the ups, and downs of the price of BTC and altcoin are very normal, and not very influential on the crypto market, as long as the decline is not too drastic, even the decline could be the right time to buy BTC and altcoin, and if we have gotten  it, we are just waiting for the price to bounce back, we will sell it, so we get a profit, the momentum is much awaited by BTC and alt users.

If price stable, trader will complain because they can't take momentum from it right.  Grin Actually it is like dillema, when price down although a little, some people will take advantage from it and said anything to make people down, and maybe panic so they can get cheaper price.  Grin

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October 26, 2019, 08:53:37 PM
 #176

In my opinion, the ups, and downs of the price of BTC and altcoin are very normal, and not very influential on the crypto market, as long as the decline is not too drastic, even the decline could be the right time to buy BTC and altcoin, and if we have gotten  it, we are just waiting for the price to bounce back, we will sell it, so we get a profit, the momentum is much awaited by BTC and alt users.

Dont just wait for price movement, but chase it. trading and investing arent about wait the price movement

we have to find the best entry and exit as we can, also stop loss must be placed in the right place

so, we will success in trading and take advantage from its up and down
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October 26, 2019, 10:17:40 PM
 #177

To be successful in Cryptocurrency trading, we must have extensive knowledge about Crypto. We should not be stuck with just one or two exchanges. If the trading system that I do is never buy all my money in Crypto coins, the reason is to be on guard when the price of a coin drops. Because with us still holding money, we can still buy coins when the price of the coin drops. Because when the price of a coin drops, that's the time a trader waits for to buy a coin.
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October 27, 2019, 02:43:22 AM
 #178

Everything depends on your situation, but of course there are recommendations. Try to trade or invest only in coins with the top 20-30 Coinmarketcap. Don't buy all the money right away. Buy gradually, and a little. If the price drops then buy some more, and do not invest in only one coin. And, of course, before you trade, go through some trading courses. Because in this market it is very easy to lose money.

You should always check Coinmarketcap so that you can always be updated to the current exchange, i also advice to have lot of patience in doing trades because you can only gain big profit if you hold and wait till the right moment when the price of your coin rises up. Also have some experience in doing trades because in that way you can come up with your own strategies that you can use in doing trades. Yobit and Binance are the best exchanges. they are very secure, trustful and i have personal experience with them.
I do not have any problem with those that choose to invest slowly in the market but there are times in which it is a good idea to invest all your available capital and that is when you see the coin you want to buy has reached a low that it has not touched in months, when that happens then most likely you are watching a price close to the bottom and from now on any movement of that coin will be positive, this is important because it makes holding your coins very easy compared to those that buy at the top and need to hold their coins for months without any profit.
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October 27, 2019, 03:38:01 PM
 #179

Everything depends on your situation, but of course there are recommendations. Try to trade or invest only in coins with the top 20-30 Coinmarketcap. Don't buy all the money right away. Buy gradually, and a little. If the price drops then buy some more, and do not invest in only one coin. And, of course, before you trade, go through some trading courses. Because in this market it is very easy to lose money.

You should always check Coinmarketcap so that you can always be updated to the current exchange, i also advice to have lot of patience in doing trades because you can only gain big profit if you hold and wait till the right moment when the price of your coin rises up. Also have some experience in doing trades because in that way you can come up with your own strategies that you can use in doing trades. Yobit and Binance are the best exchanges. they are very secure, trustful and i have personal experience with them.
I do not have any problem with those that choose to invest slowly in the market but there are times in which it is a good idea to invest all your available capital and that is when you see the coin you want to buy has reached a low that it has not touched in months, when that happens then most likely you are watching a price close to the bottom and from now on any movement of that coin will be positive, this is important because it makes holding your coins very easy compared to those that buy at the top and need to hold their coins for months without any profit.
Grin Undoubtedly, anyone who could foresee the cryptocurrency growth that has occurred in the last few days, he would definitely invest all his money in Bitcoin, Ethereum or any other profitable cryptocurrency in order to get a good profit.  In just one day, Bitcoin rose to almost $ 10,000, and all rating cryptocurrencies increased by 15% on average.  If there was such an opportunity, then 15% of the profit in almost a day, this is a good indicator.  But it doesn’t always happen as planned, because the cryptocurrency market always brings surprises and it is very difficult to predict with an accuracy of 100%.  Moreover, no one could even expect the latest explosion of cryptocurrency prices.
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October 29, 2019, 04:47:37 PM
 #180

It happens rarely to see the Bullrun but when it happens the crypto traders run to liquidate the winning crypto trades. Another side of the story is the connection among the altcoins and BTC, some traders like to trade altcoins with following the price of Bitcoin. The resistance prices are above the $8000 but crossing these levels will lead the price surge up to $12000 in my opinion.

The bad habbits of most traders is they buy when the price is increasing. So, the whales are easily play with those people. They will make the market move and act like the bull run is coming.
but when the those traders panic buy aiming for quick profits, the whales will sell all their coins that they just bought.
I don't want to believe this statement that much because when a trader is getting a training, what he or she is being taught is to always go for the possible dip which as a good trader could even see the dip coming from the technical and fundamental analysis that they do in the market, so I would not want to believe that a trader would be buying at a high price.

Most of the people that I see usually buy at high price are investors, and most of them are the ones that are not very smart or the ones that are new to the system and would not study the market carefully before they go for projects that would hook them in the neck and the people that still fall for panic are people that are not too strong investors in the market also.

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