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Author Topic: Altcoins prices are bleeding heavily  (Read 4199 times)
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December 17, 2019, 11:11:24 AM
 #221

Apparently (according to Coindesk) the latest sell-off was due to a report on the PlusToken scam. It seems kind of a minor thing, but then I suppose the market sentiment is quite jittery at the moment, and it doesn't take much to trigger panic-selling.






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December 17, 2019, 11:34:38 AM
 #222

I guess we facing back again the bearish market, as you can see the prices of cryptos are now bleeding especially bitcoin it drops down at $7000 below and
 I think it will continue to go down. Let's hope a good market in the next year.
My guess is it will go as low as 6500 dollars and investors will really need to have lots of patience and good strategy on how will they react to this kind of market, they need to utilize their resources in order to get profits.
Same thoughts with you bro, crypto will experience a good price pumped next year because of the companies partnering with crypto and also because of the halving.



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December 17, 2019, 12:36:07 PM
 #223

Altcoins prices are bleeding heavily, with some of the top-20 coins showing losses of more than 34% on the day.
The most popular altcoin Ether (ETH) has dropped over $50 in the last 24 hours to a price point of $156 per coin, recording a heavy loss of 24% on the day.
https://cointelegraph.com/news/tuesday-shows-bloodbath-for-altcoins-up-to-34-losses-on-top-20-coins

do you think this down market will continues and welcome back to the bears in crypto market again ?
or this is only the preparations if the market will growing really hard and the bulls will show up in the near time ?

 Buy more =] This isnt that big of a fluctuation when you look at the big picture of things.
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December 17, 2019, 02:04:44 PM
 #224

Altcoins prices are bleeding heavily, with some of the top-20 coins showing losses of more than 34% on the day.
The most popular altcoin Ether (ETH) has dropped over $50 in the last 24 hours to a price point of $156 per coin, recording a heavy loss of 24% on the day.
https://cointelegraph.com/news/tuesday-shows-bloodbath-for-altcoins-up-to-34-losses-on-top-20-coins

do you think this down market will continues and welcome back to the bears in crypto market again ?
or this is only the preparations if the market will growing really hard and the bulls will show up in the near time ?

 Buy more =] This isnt that big of a fluctuation when you look at the big picture of things.

Unfortunately not many pay any attention to this side of the picture. Altcoins are not bleeding rather they are calling very loud and clear to buy them and book your future profit. In the end, we blame whales and other tycoons for manipulating the market.

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December 17, 2019, 03:59:13 PM
 #225

I guess we facing back again the bearish market, as you can see the prices of cryptos are now bleeding especially bitcoin it drops down at $7000 below and
 I think it will continue to go down. Let's hope a good market in the next year.
My guess is it will go as low as 6500 dollars and investors will really need to have lots of patience and good strategy on how will they react to this kind of market, they need to utilize their resources in order to get profits.
Same thoughts with you bro, crypto will experience a good price pumped next year because of the companies partnering with crypto and also because of the halving.

With these conditions, certainly investors will use many ways to secure the investment they are doing, the goal remains to benefit from the funds that have been spent. current conditions will indeed be difficult to get profits, need patience when investing

 
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December 17, 2019, 04:08:15 PM
 #226

That's right, bear season coming back at the end of this year It is proven that now the market is in a down condition and all coin are red
I really hate this and may the bear season leave soon

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December 17, 2019, 04:58:10 PM
 #227

That's right, bear season coming back at the end of this year It is proven that now the market is in a down condition and all coin are red
I really hate this and may the bear season leave soon

not only that, because with the price of bitcoin falling below 7k it will certainly greatly affect the crypto market which certainly makes the situation worse, but maybe this very bloody decline will make a greater recovery in the future, we can only be patient and hope the bears market can really end this year

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December 17, 2019, 07:25:05 PM
 #228

That's right, bear season coming back at the end of this year It is proven that now the market is in a down condition and all coin are red
I really hate this and may the bear season leave soon

not only that, because with the price of bitcoin falling below 7k it will certainly greatly affect the crypto market which certainly makes the situation worse, but maybe this very bloody decline will make a greater recovery in the future, we can only be patient and hope the bears market can really end this year

the bear market will always make people more patient in the current conditions, bitcoin and altcoin are falling for the price and this has been happening for quite a long time. our patience is really trained and I hope the bearish market will end soon
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December 17, 2019, 09:19:31 PM
 #229

We are still in a bear market and expect that the market will only  recover maybe by a couple of weeks or before the end of this year and i think its not like the last year but we can still take advantage of the markrt and accumulate more.

The only problem is when a prediction will not happen right and the market will keep crashing so we can take only a small percentage and buy atleast 25 - 30% of our money to buy in market so we will not lose all of our money if we put it all.
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December 18, 2019, 03:44:45 AM
 #230

We are still in a bear market and expect that the market will only  recover maybe by a couple of weeks or before the end of this year and i think its not like the last year but we can still take advantage of the markrt and accumulate more.

The only problem is when a prediction will not happen right and the market will keep crashing so we can take only a small percentage and buy atleast 25 - 30% of our money to buy in market so we will not lose all of our money if we put it all.
It seems to me that it is too positive to think that all of this is going to be over in a couple of weeks, the price is clearly showing a negative trend, and there is not an end in sight to this trend, most likely we are going to be in a bear market for months, our only hope is that the halving is going to change all of this and revert the negative trend.

But if that doesn't happen then that will be a very serious sign that the bear market is going to last a lot more than what people thought and that the whole year of 2020 could be a negative one.
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December 18, 2019, 03:59:30 AM
 #231

That's right, bear season coming back at the end of this year It is proven that now the market is in a down condition and all coin are red
I really hate this and may the bear season leave soon

not only that, because with the price of bitcoin falling below 7k it will certainly greatly affect the crypto market which certainly makes the situation worse, but maybe this very bloody decline will make a greater recovery in the future, we can only be patient and hope the bears market can really end this year
This heavy downfall will lead to a good start once you successfully place a good entry and hold everything till the value bounce back and gives a lots of profits. It's tough to anticipate which position might be the best timing but considering the fact that it with bounce up will give some confidence to keep chasing the right time to invest your money and bring good value to your investment.
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December 18, 2019, 04:33:59 AM
 #232

That's right, bear season coming back at the end of this year It is proven that now the market is in a down condition and all coin are red
I really hate this and may the bear season leave soon

not only that, because with the price of bitcoin falling below 7k it will certainly greatly affect the crypto market which certainly makes the situation worse, but maybe this very bloody decline will make a greater recovery in the future, we can only be patient and hope the bears market can really end this year
This heavy downfall will lead to a good start once you successfully place a good entry and hold everything till the value bounce back and gives a lots of profits. It's tough to anticipate which position might be the best timing but considering the fact that it with bounce up will give some confidence to keep chasing the right time to invest your money and bring good value to your investment.
We always think that way, that's being positive despite of the struggle.
For this whole year of 2019, it seems like in general there is no improvement for altcoins, same as what happen last year.

So maybe, we will see the altcoins season by next year?
hopefully,.. again, we never give up, we just hold and continue to hold because we trust the crypto market.

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December 18, 2019, 10:01:30 AM
 #233

I guess we facing back again the bearish market, as you can see the prices of cryptos are now bleeding especially bitcoin it drops down at $7000 below and
 I think it will continue to go down. Let's hope a good market in the next year.

And yet we are still about 100% up from the low of 2019 for Bitcoin am I right? So I am not too concerned at all. Every year we see the price have a low that is higher than the previous year. Which means, on a long term scale, price is always increasing higher. This means whatever happens in 2020 we will never see $3400 again. Good right?

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SheriffEl
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December 18, 2019, 10:32:26 AM
 #234

Everything is bleeding today (18.12.) and i think this always happens at this time of the year.

No worries, we are going to strong in 2020. Halving is on its way and many exciting events are going to happen in 2020!!!
pajak666
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December 18, 2019, 11:55:02 AM
 #235

Apparently (according to Coindesk) the latest sell-off was due to a report on the PlusToken scam. It seems kind of a minor thing, but then I suppose the market sentiment is quite jittery at the moment, and it doesn't take much to trigger panic-selling.
Panic selling triggers even easier when there are no people buying Cheesy We can experience a little halving optimism at this time, but it's mostly people who wanna make money before xmas and are not really serious about what they doing. You can expect lows in late december/january when those weak moneyz capitulate.
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December 18, 2019, 01:35:36 PM
 #236

Apparently (according to Coindesk) the latest sell-off was due to a report on the PlusToken scam. It seems kind of a minor thing, but then I suppose the market sentiment is quite jittery at the moment, and it doesn't take much to trigger panic-selling.
Panic selling triggers even easier when there are no people buying Cheesy We can experience a little halving optimism at this time, but it's mostly people who wanna make money before xmas and are not really serious about what they doing. You can expect lows in late december/january when those weak moneyz capitulate.

The only thing is, it is tough to tell when the capitulation is over. It could be the bottom right now, or two weeks from now. Anyway there is definitely a lot of fear in the streets.
BuNga_cute
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December 18, 2019, 02:41:19 PM
 #237

In my opinion altcoins dropped in price because they followed the price of bitcoin which fell. But this decline was only temporary,
considering the year 2020 there will be a halving event that can make the price of bitcoin go up. If bitcoin goes up, then automatically
altcoins will also go up. Right now only need to be patient, if you still have more capital can buy more altcoins. Because this is a great
opportunity to buy again altcoins at cheap prices, therefore if the price goes up you can get a decent profit.

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December 19, 2019, 11:54:32 AM
 #238

The altcoin price is currently falling dramatically but there are still some altcoins rising such as Toko, Matic .... Look for potential companies to invest that will be the best choice for you.

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cassavachips
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December 19, 2019, 01:14:43 PM
 #239

This decline will continue until the beginning of 2020, especially in ethereum when bitcoin is back down, ethereum will continue to fall because ethereum is currently very slow to recover.
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December 20, 2019, 05:34:25 PM
 #240

Alts prices have been in a bad position for over a year now, the Bitcoin dominance is too high, so alts feel very bad in the market.
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