Altcoins prices are bleeding heavily

[zeze18]

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.

Yeah we have to encourage the market and not blaming the market and if you have experienced loss please don't spread the hate about cryptocurrency. Because people outside will see cryptocurrency is a bad investment and a bad currency because many people that experienced a loss or a scam always blaming cryptocurrency is a bad thing, this will cause many investors are afraid to invest on bitcoin even though cryptocurrency is really futuristic

[iamsange]

in the crypto market it is not only experience but patience that is tested to succeed against the incoming waves.
If you believe that every bad thing that comes will surely come after the good things to replace the bad ones, rest assured the rainbow comes after the rain.

I no longer believe that Altcoins will fall further in price with respect to Bitcoin. It’s better now to start buying them and believe only in the best. Sooner or later, the cryptocurrency market will change the trend to a bullish one!

But make sure you buy right coins. Because not all altcoins will survived or maybe can follow bitcoin price when bull trend come. Patient is good, but prepare anything before do trading or make investment will be needed. Of course we wouldn't want to pick wrong coins and then lose when bull trend come.

[Bezobraznike]

   What doesn't kill you, make you stronger! Same is Bitcoin, same is with all other alt-coins. Some of them are bleeding heavily, some of
them will die, but some of them will survive and become much stronger in the future.
   My holdings worth much less then in 2017! I suffer from this drop like other holders, but I'm not thinking about dumping even now, what
more I'm buying when I can allow myself, almost every month I take some little part and I invest it in crypto-currencies.

[Finestream]

My holdings worth much less then in 2017! I suffer from this drop like other holders, but I'm not thinking about dumping even now, what
more I'm buying when I can allow myself, almost every month I take some little part and I invest it in crypto-currencies.

You are definitely not alone to have that kind of experience, personally, I also suffer loses on my portfolio but I never thought of selling because I've been here before the last bull run and that was full of challenge that time. I was able to benefit on the last bull run as I was able to sell some of my assets but not actually a big portion as I remain optimistic that a new rise could happen again, maybe its just the way we think, we love to hold longer and want bigger return, so now we have to be patient and wait for that wonderful time to unload out assets again.

[Bezobraznike]

My holdings worth much less then in 2017! I suffer from this drop like other holders, but I'm not thinking about dumping even now, what
more I'm buying when I can allow myself, almost every month I take some little part and I invest it in crypto-currencies.

You are definitely not alone to have that kind of experience, personally, I also suffer loses on my portfolio but I never thought of selling because I've been here before the last bull run and that was full of challenge that time. I was able to benefit on the last bull run as I was able to sell some of my assets but not actually a big portion as I remain optimistic that a new rise could happen again, maybe its just the way we think, we love to hold longer and want bigger return, so now we have to be patient and wait for that wonderful time to unload out assets again.

   We need to be optimistic, even in hard times. That makes a difference between winners and quitters! A new rise will happen,
and we need to think like that, to believe in that, no matter what! I made my decision long time ago and I don`t plan to quit.
  Patience is the key! Unlike others, I don't expect from crypto-market to rise next month or next year! I give this market much
more time, even there is a possibility to happen anytime in next 2-3 years.

[BartS]

   What doesn't kill you, make you stronger! Same is Bitcoin, same is with all other alt-coins. Some of them are bleeding heavily, some of
them will die, but some of them will survive and become much stronger in the future.
   My holdings worth much less then in 2017! I suffer from this drop like other holders, but I'm not thinking about dumping even now, what
more I'm buying when I can allow myself, almost every month I take some little part and I invest it in crypto-currencies.

You have a nice attitude but there are many investors with the same attitude that were unfortunate to select the wrong coins and no matter what they do they cannot change that fact and now they will never recover that money.

However if you selected the right coins then everything changes, your attitude is exactly what it is needed to survive the difficult months we have seen for altcoins and unfortunately many investors do not have it since they have always been interested only in the money and not in the market itself which is what separates the enthusiasts from those people.

[FireBallex]

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 ?

Since altcoins keep bleeding so bad isn't this another opportunity to keep buying more altcoins instead of worrying about the price? the best time to buy altcoin is when huge bleeds takes over

[kanayaTabitha]

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 ?

Since altcoins keep bleeding so bad isn't this another opportunity to keep buying more altcoins instead of worrying about the price? the best time to buy altcoin is when huge bleeds takes over

Yeah for right now investing for a long run with altcoins is not recommended since BTC price itself is still struggling to stand still. But i think right now is the best time to day trading with alts since the price is already drops too much and i'm sure taking 2-3% profits won't hard while we invest on bitcoin because bitcoin's price will be pump next year because of halving

[Pelunize12]

in the crypto market it is not only experience but patience that is tested to succeed against the incoming waves.
If you believe that every bad thing that comes will surely come after the good things to replace the bad ones, rest assured the rainbow comes after the rain.

I no longer believe that Altcoins will fall further in price with respect to Bitcoin. It’s better now to start buying them and believe only in the best. Sooner or later, the cryptocurrency market will change the trend to a bullish one!

i believe it, i believe that altcoins still down as fuck like what happens right now

this is not altseason so it is normal if altcoins going down, dont do opposite

we have to wait until altseason clearly come, that's the best time to buy altcoins

[BartS]

Since altcoins keep bleeding so bad isn't this another opportunity to keep buying more altcoins instead of worrying about the price? the best time to buy altcoin is when huge bleeds takes over

That may seem like it is a good strategy but altcoins are not bitcoin, if you buy altcoins now when their prices are not very high it may seem like you are doing a good business but if a new altcoin appears that is better than the coin you bought then there is a real chance the altcoin will never recover.

In that case you will waste your capital and even more importantly you will waste your time and the many other opportunities that you could have taken during that time.

[hahay]

Bear market has occurred and although the market is still bleeding but at least this time the market is able to create strong resistance, because at least the rise and fall of prices can occur quickly every day which shows the market will maintain its value so that there is no too deep decline, because after all it's time to recover even though recovery is slow.

[Natalim]

Bear market has occurred and although the market is still bleeding but at least this time the market is able to create strong resistance, because at least the rise and fall of prices can occur quickly every day which shows the market will maintain its value so that there is no too deep decline, because after all it's time to recover even though recovery is slow.

In general, I don't see any recovery on altcoins yet, the only recovery I'm seeing this year is the recovery of bitcoin but most altcoins did not recover and some even get dump more. OP was right that its bleeding heavily, if you have invested in 2017, you will understand how people feel because when I am looking in my portfolio, things are very disappointing.

[TWW]

Bear market has occurred and although the market is still bleeding but at least this time the market is able to create strong resistance, because at least the rise and fall of prices can occur quickly every day which shows the market will maintain its value so that there is no too deep decline, because after all it's time to recover even though recovery is slow.

In general, I don't see any recovery on altcoins yet, the only recovery I'm seeing this year is the recovery of bitcoin but most altcoins did not recover and some even get dump more. OP was right that its bleeding heavily, if you have invested in 2017, you will understand how people feel because when I am looking in my portfolio, things are very disappointing.

even though the market is still not in good condition, but when we think smart I think we can get profit from altcoin trading. domination still belongs to bitcoin and altcoin is still in the same situation for a very long time. many people say next year is the right time for a pump, we will see what will happen.

[Darooghe]

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 ?

Honestly, it rose to begin with because of speculation on real-world adoption and use. It will only rise again with similar speculation. Right now, it looks like crypto needs to work hard and make real progress before there's anything to speculate on. however, I think we'll start to come good by the middle of the 2020. Trading and transaction volume is low at the moment, and the price seems to be range bound, which is probably a good sign because it shows the selling is pretty much exhausted.

[marcous]

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 ?

Well, it all depends on Bitcoin too I guess. but from the volume that we can monitor shows, cryptocurrency is still strong. Bitcoin / crypto which is fluctuating is still normal for now.

[miningguru]

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 ?

Well, it all depends on Bitcoin too I guess. but from the volume that we can monitor shows, cryptocurrency is still strong. Bitcoin / crypto which is fluctuating is still normal for now.

You are right the market seems to be a bearish mode, which most of the traders are focusing on Bitcoin that's why the volume of Bitcoin is increasing. Seems altcoins would have huge potential once the price of Bitcoin stable, the dominance of Bitcoin is very high and this makes the prices of altcoins are fluctuating hugely.

[Kupid002]

My holdings worth much less then in 2017! I suffer from this drop like other holders, but I'm not thinking about dumping even now, what
more I'm buying when I can allow myself, almost every month I take some little part and I invest it in crypto-currencies.

You are definitely not alone to have that kind of experience, personally, I also suffer loses on my portfolio but I never thought of selling because I've been here before the last bull run and that was full of challenge that time. I was able to benefit on the last bull run as I was able to sell some of my assets but not actually a big portion as I remain optimistic that a new rise could happen again, maybe its just the way we think, we love to hold longer and want bigger return, so now we have to be patient and wait for that wonderful time to unload out assets again.

Of course you will not sell your tokens since selling it is away accepting your lost. you are still hoping that one day the market will back to normal and get back what you lost from holding it. But there is also a problem if you continue holding it if that altcoin will going to die.

[Botnake]

Of course you will not sell your tokens since selling it is away accepting your lost.

Some people accept loses and just sell to cut loses, but if you are still holding until this time, selling to cut loses is not anymore advisable as you are only getting around 10-20% of the original value of the tokens you will dump.

you are still hoping that one day the market will back to normal and get back what you lost from holding it. But there is also a problem if you continue holding it if that altcoin will going to die.

Its not going to die if the coin you are holding has the potential, if might struggle like any other but as long as the team are still working to develop the price, the right time will come that it will start to rise, and with the improvement of the market like the altcoin season, surely it will bring surprise.

[Pamadar]

Bear market has occurred and although the market is still bleeding but at least this time the market is able to create strong resistance, because at least the rise and fall of prices can occur quickly every day which shows the market will maintain its value so that there is no too deep decline, because after all it's time to recover even though recovery is slow.

In general, I don't see any recovery on altcoins yet, the only recovery I'm seeing this year is the recovery of bitcoin but most altcoins did not recover and some even get dump more. OP was right that its bleeding heavily, if you have invested in 2017, you will understand how people feel because when I am looking in my portfolio, things are very disappointing.

When you invest in the highest peak for sure your disappointment is very huge if you still holding your assets, it's not the case with those who invested earlier and experienced the bull. All them are very satisfied and most become richer or financially established. We do have different approaches regarding to how to keep surviving with this industry we should look further in how we can manage to survive and succeed.

[carlisle1]

2months after this post?now even bitcoin is bleeding as well valuing $8,500 this is another dumping situation that investors must take seriously.

as we are heading to last Month of 2019 its getting harder to predict the market lol.

so lets facet hat no selling must happen but buying instead.