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Author Topic: Alt coins bleeding  (Read 764 times)
Pearls Before Swine
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October 31, 2019, 11:38:48 PM
 #121

But can Some coins just disapere?  Or Go to Zero?
Yes, the really bad ones will do one or the other eventually, as people lose interest in them and figure out that there's nobody mining them and isn't a market for them.  It's already happened to a lot of coins that yobit gives away for free.  

I Think If market is Red its a Good time to buy!
That's a good idea but only if you pick the right coins.  Any of them worth 15 sat or less (and that's only my estimation) are doomed.  It's funny because dogecoin has always had a low valuation in terms of satoshis but it still retains a very strong, supportive community.  But dogecoin is an exception to the rule.  Very cheap coins are usually priced that way for a dam good reason, meaning that they hold little value.  Either stick to bitcoin or to the top coins on coinmarketcap.

when altcoin prices fall and flush like that it should be a very good point to buy altcoin as much as you can and take advantage of lots of panicked traders to buy altcoin at cheap prices.
Obviously that's what you should do if you see some value on the altcoins that are dropping.
And it's hard to see that value sometimes, because there are so many coins in existence and nobody knows which ones are even going to survive.  It's a great idea to buy low and sell high, but you have to pick the right coins.  That's the really hard part for any trader/investor.
zeze18
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October 31, 2019, 11:39:22 PM
 #122

If we look at the movement of bitcoin prices that continue to rise lately, it is only natural altcoins bleeding. I think that's very normal,
because if the price of bitcoin rises then automatically bitcoin is very dominant compared to altcoins. With so many investors whose
funds are in altcoins were moved to bitcoin, this is what caused altcoins bleeding. But after bitcoin prices are stable / side away then
investors this will move the funds to altcoins for trading, now the price of altcoins will gradually rise. It's like crypto market conditions,
so no need to panic to see altcoins bleeding.

I think the last 3 days altcoins good movement, bitcoin is currently stable at 9,1 - 9,2 and altcoins looks agile. I've made profits from many alts lately from daytrading but not much. 2-3% each trade is still viable on this current market condition. I'm sure it will still last for this week before the next bitcoin movement and we have to take advantage of this condition
Kemarit
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October 31, 2019, 11:59:01 PM
 #123

when altcoin prices fall and flush like that it should be a very good point to buy altcoin as much as you can and take advantage of lots of panicked traders to buy altcoin at cheap prices.

This discussion thread is the mirror of the market volatility. Reading it from the very beginning to the end (although it is short enough), we will see that altcoins can fall and go up several times a month. In reality, 2019 is a positive and good year for all cryptocurrencies (in comparison with 2018, for sure).

But the altcoin market continues to show some sign of bleeding, most of them are -90% from their previous high, so there's no improvement because we are still in the bear market. Altcoin right now is being carried by Bitcoin, because it was obviously that when Bitcoin price goes up, the price of major altcoins followed just like what we've seen recently. And with that said, this bleeding will stop unless Bitcoin goes to another pump up to the end of the year and then we will see what happen after the block halvening and hope that when Bitcoin goes to another all time high, it will also trickle down to altcoin market.

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sirminesalot
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November 01, 2019, 02:44:04 AM
 #124

If we look at the movement of bitcoin prices that continue to rise lately, it is only natural altcoins bleeding. I think that's very normal,
because if the price of bitcoin rises then automatically bitcoin is very dominant compared to altcoins. With so many investors whose
funds are in altcoins were moved to bitcoin, this is what caused altcoins bleeding. But after bitcoin prices are stable / side away then
investors this will move the funds to altcoins for trading, now the price of altcoins will gradually rise. It's like crypto market conditions,
so no need to panic to see altcoins bleeding.
maybe in general the performance of price developments in investments with such cryptocurrency and the development of crypto or altcoin currencies depends on the investors themselves if indeed bitcoin goes up but investors remain on the belief with altcoin maybe the value of altcoin will not decrease and all that may have become a trait and investment risks with crypto or altcoin
Pamadar
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November 01, 2019, 05:16:45 AM
 #125

I think the crypto market cycle will always start with an increase in bitcoin. When bitcoin rises, it is likely that the price of alt coins will stop or tend to stagnate. It will not always be like this, but if there is an increase for alt coins it is only a little or not too big. When bitcoin prices start to stabilize, it's time for the turn of alt coins to start rising. Cases like this may only occur when all prices will move up in the market. The key remains to begin with rising bitcoin prices.
Something like that as the cycle still the same. If you observe all those previous movements coming from this industry, you'll be noticing that everything still lean with how Bitcoin moves. From both ends, Bitcoin influenced still at Large to this industry, investors are anticipating using Bitcoin previous actions. If you will study deeper you will soon be based your decision with how you'll going to anticipate the next trend. Bitcoin first then assess and observe to pick the right position.
miningguru
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November 01, 2019, 05:36:01 AM
 #126

I think the crypto market cycle will always start with an increase in bitcoin. When bitcoin rises, it is likely that the price of alt coins will stop or tend to stagnate. It will not always be like this, but if there is an increase for alt coins it is only a little or not too big. When bitcoin prices start to stabilize, it's time for the turn of alt coins to start rising. Cases like this may only occur when all prices will move up in the market. The key remains to begin with rising bitcoin prices.

We absorbed this type of situation previously, but with the recent bitcoin recovery, it is impossible for the altcoin to rise because Bitcoin fluctuation is kept increasing and it is effecting on the altcoins. Yes, your prediction is right when the price of Bitcoin is becoming stable then the altcoin will start increasing their prices.
Adriano2010
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November 01, 2019, 10:15:52 AM
 #127

If some altcoins will not have trade volume people will not have interest and they will dissappear, i mean will not be used anymore by anyone, even they are holders, traders, but most of us complain because the altcoins price drop and not grow so we recover investments, and bitcoin recover but altcoins still no.
Kasabus
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November 01, 2019, 11:17:04 AM
 #128

when altcoin prices fall and flush like that it should be a very good point to buy altcoin as much as you can and take advantage of lots of panicked traders to buy altcoin at cheap prices.
Obviously that's what you should do if you see some value on the altcoins that are dropping.
And it's hard to see that value sometimes, because there are so many coins in existence and nobody knows which ones are even going to survive.  It's a great idea to buy low and sell high, but you have to pick the right coins.  That's the really hard part for any trader/investor.
It's based on each investors judgement, and its really tough to choose the right coin since there's a lot of them that is available in the market.
With that, we need to be careful in evaluating the coins as one mistake might make our investment loss forever.

you know, in crypto, its like gambling, you lose big time and you win big time, so you need to be smart (basic requirement) and lucky to get your goal.

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rodel caling
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November 01, 2019, 12:38:04 PM
 #129

when altcoin prices fall and flush like that it should be a very good point to buy altcoin as much as you can and take advantage of lots of panicked traders to buy altcoin at cheap prices.

This discussion thread is the mirror of the market volatility. Reading it from the very beginning to the end (although it is short enough), we will see that altcoins can fall and go up several times a month. In reality, 2019 is a positive and good year for all cryptocurrencies (in comparison with 2018, for sure).


Yeah I admit your future thinking prediction for altcoins , same with mate I still believe altcoins specially came from the top laitung into coin market cap will give better profits before end of this year. We saw altcoins today is have a good sign for the bullrun which possible if bitcoin continue to increasing.
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