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Author Topic: Altcoins prices are bleeding heavily  (Read 4142 times)
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October 30, 2019, 10:11:11 PM
 #121

I think that the prices of many altcoin do not correspond to their real value.  For a long time, many cryptocurrency market analysts have said that more than 60% of altcoin do not have a final product and therefore are very risky for investors.  Their value is primarily supported by speculators on exchanges, but in general they may not have long-term prospects.  I think that in this regard, you need to make a very meticulous choice.
investment with risk is certain and we cannot avoid it but as investors must be able to reduce the risk we will get and we must be good at utilizing every opportunity we will get in investing the best capital is confidence and patience because of market conditions that we cannot predict with certainly

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October 30, 2019, 11:55:02 PM
 #122

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 ?

The altcoins market is bleeding heavily due to another market correction in the market. Maybe after some time a week or two the altcoins market will stabilize and we should wait for the altcoins season to come. Altcoins seasons normally follows after the bitcoin season.

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October 31, 2019, 12:29:41 PM
Merited by Kasabus (2)
 #123

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 ?

The altcoins market is bleeding heavily due to another market correction in the market. Maybe after some time a week or two the altcoins market will stabilize and we should wait for the altcoins season to come. Altcoins seasons normally follows after the bitcoin season.


Altcoins easily correct because bitcoin is not yet stable on its movement, during the pump which happens in just one day, we've seen how altcoins have already increase that day but now they are slowly dropping again as bitcoin just stable at $9K.

It has actually bleed heavily a year ago, not slowly theirs still some bleeding and we are not seeing some significant growth anymore.
This is the time where we need to stay patience and hold strong.

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October 31, 2019, 01:02:12 PM
 #124

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 ?

The altcoins market is bleeding heavily due to another market correction in the market. Maybe after some time a week or two the altcoins market will stabilize and we should wait for the altcoins season to come. Altcoins seasons normally follows after the bitcoin season.


I think there will be a lot of big adjustments in the near future because the market has risen very high over the past week so if it is unable to keep that stability, this market will definitely decline. I have analyzed the volatility of altcoins over the past few months and most altcoins are highly dependent on Bitcoin value so if Bitcoin does not increase, don't expect too much of this market.






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October 31, 2019, 01:16:59 PM
 #125

I cannot imagine what can save altcoins right now. Even when BTC got pumped, altcoins were very silent, still hope that Bakkt exchange will achieve good volumes to attract legit investors to invest in crypto.
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October 31, 2019, 11:54:36 PM
 #126

Bloody of altcoins now is because another correction in the market as we can see the market is recovering then in just a minute it down again but we don't need to be panic about this because we know that market is always fluctuates. The better  we can do is hodl it for a while and if it's a chance to buy why not?! Don't be so panic it's just a correction, hopefully everything will be alright again.
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November 01, 2019, 03:36:03 AM
 #127

I cannot imagine what can save altcoins right now. Even when BTC got pumped, altcoins were very silent, still hope that Bakkt exchange will achieve good volumes to attract legit investors to invest in crypto.
I clearly imagine the crypto market because we are all see huge dump on Bitcoin and normal dump on altcoins. But how we expect huge hype in altcoins. So Bitcoin growing faster other altcoins are follow slowly in crypto market. I hope further days market growing faster so altcoins also going to moon. Few bleeding altcoins always available in the market so successful altcoins only concentrate the investors.

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November 01, 2019, 12:32:40 PM
 #128

I cannot imagine what can save altcoins right now. Even when BTC got pumped, altcoins were very silent, still hope that Bakkt exchange will achieve good volumes to attract legit investors to invest in crypto.
Bitcoin has to pump more and if it could make a new ATH, I am sure that time, altcoins will start to rally again.

Actually at this price, a lot of people are still not fully confident to invest because there are still a lot of traders who got caught buying the peak during the last bull run, so if bitcoin will be able to surpass its ATH, we will all be profitable and price might be overvalued again.

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November 01, 2019, 01:04:07 PM
 #129

The altcoins are really very disappointing in these 2 years and the prices are still going down & down. Also the top10 coins are showing very lower price and still not a sign of bullish trend. But, the Bitcoin is still remained first choice of the investors. One altcoin that is Bitcoin SV which is the only first runner among these altcoins and made the investors 1000th times of profitable.
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November 01, 2019, 03:17:04 PM
 #130

I cannot imagine what can save altcoins right now. Even when BTC got pumped, altcoins were very silent, still hope that Bakkt exchange will achieve good volumes to attract legit investors to invest in crypto.
Bitcoin, bitcoin and bitcoin. The answer is the only bitcoin that can bring at least more adoption to the altcoin. So many altcoins are securities and that means that will be so difficult to be adopted as a merchant payment system. Bitcoin is the only thing right now that can bring huge demand for altcoin.
BAKKT will give a huge impact to the bitcoin only and not for altcoin. I hope you know about that.
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November 01, 2019, 03:27:25 PM
 #131

Bloody of altcoins now is because another correction in the market as we can see the market is recovering then in just a minute it down again but we don't need to be panic about this because we know that market is always fluctuates. The better  we can do is hodl it for a while and if it's a chance to buy why not?! Don't be so panic it's just a correction, hopefully everything will be alright again.

Definitely the value of altcoin will start to rise once bitcoin's will pump up more than the all time-high and they will surdly follow up. That's why it would be much better to only invest in bitcoin or 80% to bitcoin and the rest is for altcoins.

The only problem is when people sees a down trend or feel fomo then they will panic sell and that's the reason why it is going down and it can only save by support level.
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November 01, 2019, 03:28:46 PM
 #132

In my opinion this is only a temporary decline or price correction, after this decline we will see the price of Crypto will increase again. Now the market price has begun to recover and is ready for the next increase. Don't miss the moment to buy some potential Altcoin like ETH or BNB.

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November 05, 2019, 01:55:18 AM
 #133

I cannot imagine what can save altcoins right now. Even when BTC got pumped, altcoins were very silent, still hope that Bakkt exchange will achieve good volumes to attract legit investors to invest in crypto.
I have problems imagining what it will take to revive the altcoin market, bitcoin keeps growing and altcoins just react in a mild way and keep going down when compared to bitcoin.

Anyone that decided to keep holding altcoins during the last year is probably regretting their decision because we cannot see the end of this, but I also think that this cannot last forever and at some point this has to change and when that happens we need to be ready since that is the moment to multiply our bitcoin.
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November 05, 2019, 02:04:36 AM
 #134

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 ?

Its funny how quick things can change, from "bleeding alts" to nice rises. Two months can make a big difference haha
I feel like the ecosystem has grown so much at this point, places like Cointelegraph can report anything day by day, and then the next day its flipped flopped
BTC should teach us something: go long on coins. dont worry about the day by day, pick some good coins and go long, staring at charts all day sux : /

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November 05, 2019, 08:58:36 AM
 #135

Bloody of altcoins now is because another correction in the market as we can see the market is recovering then in just a minute it down again but we don't need to be panic about this because we know that market is always fluctuates. The better  we can do is hodl it for a while and if it's a chance to buy why not?! Don't be so panic it's just a correction, hopefully everything will be alright again.
in my opinion it is something that is reasonable with the risk obtained in investing with crypto or altcoin if investors know the exact risk of bloody altcoin also investors are not so panicked confidence and patience is the best capital in investing with any coin, in my opinion the development of crypto currencies and altcoin depends on the investors themselves
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November 05, 2019, 09:48:00 AM
 #136

In my opinion this is only a temporary decline or price correction, after this decline we will see the price of Crypto will increase again. Now the market price has begun to recover and is ready for the next increase. Don't miss the moment to buy some potential Altcoin like ETH or BNB.
The market is not ready to recover because the volatility of Bitcoin has affected many other coins and the increase of Bitcoin usually takes place in a very short time. I think you should sit still and be more patient during this time because this market depends so much on the value of BTC so every prediction is often incorrect. I personally hope the altcoin season may come soon but it may take us a few more years to wait.

Anyway in this market, you can choose long-term investment in some altcoins but need to analyze many times and make the best decision when investing because no one can be sure for you when trading

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crossabdd
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November 05, 2019, 12:58:16 PM
 #137

the reduction of all altcoins including bitcoin only determines the bottom. because as usual, after a large decrease, crypto eyes will show a sharp increase. and today it has been proven, that their decline is only to welcome a new higher price level. keep calm, all will change in time.
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November 05, 2019, 01:46:11 PM
 #138

Altcoins prices are bleeding heavily but that is nothing new in the charts of the altcoins. They bleed in red sometimes and they also breathe in green sometimes. That is the life of altcoins. But it is what gives opportunity to traders and investors and even simple altcoin owners like us to make profit out of crypto. If the prices will not bleed heavily, we ordinary buyers of altcoins cannot afford to buy them very cheap. We can only be a witness without becoming a player.
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November 05, 2019, 02:18:42 PM
 #139

The altcoins market is bleeding heavily due to another market correction in the market. Maybe after some time a week or two the altcoins market will stabilize and we should wait for the altcoins season to come. Altcoins seasons normally follows after the bitcoin season.

It is funny that you expect the market to stabilize in a week or two, when the ongoing correction phase started many months back. By the last week of June, Ethereum was trading at around $340 per coin. Currently it is trading at $187, which represents a 45% reduction in the exchange rate in a matter of just four months. After a brief phase of stabilization that occurred during the second half of September, the prices have once again started moving downward. And for Ethereum, a lot will depend on whether it can hold on to the 0.02 BTC support level or not.
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November 05, 2019, 03:03:35 PM
 #140

I would say majority of the market value of cryptos are bleeding right now, not only altcoins. Despite of the expectations of the majority that the market will soon recover, the situation still frustrates most of the investors right now and we just cannot blame them for doing so. We should encourage them to be somewhat positive still, and to be patient in order to avoid regrets once recovery occur. Just wait and avoid making risky decisions at this moment.

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