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Author Topic: Altcoin price recovery  (Read 3943 times)
Questat
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October 08, 2019, 11:02:30 AM
 #181

me, too. I see most of the old altcoins have recovered up to 200% more that increase. but it is still far from falling prices. it's just that I believe altcoin will be back with the current bitcoin increase. I have several altcoins. a few days ago it was very bad. all assets have no value of more than 10 $. but today I see that increase. and the graph gives a strong signal for recovery and bulls.
I also have several Altcoins that I still hold until now because the price is still not recovering as before, my target is a year after Halving Bitcoin happens later, I'm sure the price of Altcoin will recover after that. Because the experience in the previous year is also like that where the price of Bitcoin and Altcoin to the moon after Halving Bitcoin.
We are not few, I am sure there's a lot out there that are still holding their altcoins although the value is very cheap already.
I am not constantly monitoring my holdings anymore but I am quite certain that the almost 80 to 90% of my holding are almost worthless.
my mistake if I will judge on the market now is that I hold coins that I thought will rise more since they still have a very small marketcap.

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October 08, 2019, 01:12:17 PM
 #182

Aside from investing in the top 10 in CMC, I think maintaining shitcoin is also the right way to get profits, if the bull market really runs away.

Shitcoins which don't have any good volume (under 1k) per day won't recover even btc in a bull run.
People will move into a new project if they wanna start an investment
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October 08, 2019, 02:22:19 PM
 #183

It makes sense to invest in the top 10 coins, but they don't make much of a move with low earnings. Of course, profits increase with risk. You need to invest in this. It's inherent in this market to make the wrong moves.
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October 08, 2019, 02:52:21 PM
 #184

It makes sense to invest in the top 10 coins, but they don't make much of a move with low earnings. Of course, profits increase with risk. You need to invest in this. It's inherent in this market to make the wrong moves.
Election of altcoin on the board itself must also be done with data analysis and also other things. because altcoin itself is also a big risk ... investing in cryptocurrency instruments is an investment with a big risk and indeed we ourselves must be careful in its selection
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October 08, 2019, 04:31:44 PM
 #185

I think price recovery has already started. They will not go lower than this in my opinion. It is the best time to buy alts and hodl if you have patience. IF you dont, daily trade opportunities would give you a nice profit too. We can look after %2-3 increases and make some profit in a day. In 1 year, these alt prices will be really funny for us I am sure of that.

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October 08, 2019, 06:34:36 PM
 #186

Yes it is the right time to invest on altcoins because its on the lowest price as of this year and you may want to consider the top 10 or top 20 in coinmarketcap which is accurate way to invest at you will never get wrong with that and if you want to look closely pic the top 5 and see there fundamentals.
If you expect the price of altcoin to increase in the future then it would be a great advice. Not sure whether we will see that rise and hence the risk is much bigger if you are investing in the altcoin market, bitcoin is the only coin that can guarantee that the price would increase in the future and if you are able to invest at the right time then you will end up in a profit. The top coins in the market might see some recovery but majority of the coins are dead by now and most of the projects shut their door and hence the risk is higher.
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October 08, 2019, 07:51:18 PM
 #187

I checked tradeview today and it seems there is a possible price recovery according to the prediction on  several altcoin including XRP,Verge, Thetafuel, Storm 0x.

Important Notes:

XRP:
Quote
Ripple just printed a strong bullish candle to break pass 0.269 (EMA50).

This setup is quite bullish if the daily candle closes above EMA50 and can signal that Ripple is ready to move higher vs the Dollar (XRPUSD).

I've marked the main scenarios in the chart above.
Ripple is very likely to continue growing.

Thanks a lot for reading.

Verge:
Quote
This trendline has been broken with good strength and volume ... So it is time for Verge to grow.

This is a friendly reminder.

Thetafuel:
Quote
Theta Fuel ( TFUELBTC ) is having a very strong and clean breakout after hitting a new all-time low recently.

This is a strong jump, we are looking at 67% of growth within just a few days:

Storm:
Quote
First we can notice STORMBTC trading above EMA10 and EMA50. This is the first time that STORMBTC goes above EMA50 since March 2019... So this is a strong development.

The MACD reached neutral and is trending up/towards the bullish zone.

The RSI is strong above 50.

Downtrend line broken (red).

Breaking above resistance (A close above 16 satoshis, 17 or higher, would signal good strength).

The TD sequential started a new + count.

0x:
Quote
But this is not all, more can come from this pair/chart... Let's take a look:

ZRXBTC is trading above resistance (EMA10/50).
New uptrend has been established.
Strong RSI .
Increasing volume
Breaking out of the ascending triangle .

This is a strong and bullish setup... We can expect ZRXBTC to continue growing...

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October 09, 2019, 01:25:57 AM
 #188

me, too. I see most of the old altcoins have recovered up to 200% more that increase. but it is still far from falling prices. it's just that I believe altcoin will be back with the current bitcoin increase. I have several altcoins. a few days ago it was very bad. all assets have no value of more than 10 $. but today I see that increase. and the graph gives a strong signal for recovery and bulls.

This market always has a good growth after each discount period but to prolong the uptrend, it is another story. Right now we have not been able to break out of the bear market and the downtrend is still overwhelming in crypto so it will still be difficult to make good profits from altcoin. I think now is the time to do more research and choose a good project for long-term investment because it is the investment that will help a lot of your profits in the near future.






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October 09, 2019, 02:29:32 AM
 #189

So far I see that altcoin is actually experiencing a decline in prices and this is a disappointment for investors all in the next 2 years we face a market that is not so good because the downward trend that continues to give a lot of effect on our assets all of which have experienced a substantial decline.

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Questat
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October 09, 2019, 06:25:35 AM
 #190

So far I see that altcoin is actually experiencing a decline in prices and this is a disappointment for investors all in the next 2 years we face a market that is not so good because the downward trend that continues to give a lot of effect on our assets all of which have experienced a substantial decline.
Well, we have no choice but to accept the reality, if they do not trust the future of the coins they are investing, we can expect that they will panic or will accept the reality that their coins is already dead. I suggest let's move one, and focus on the current situation, I am not saying that those coins are already dead but what I like is to look for opportunity on the current market, this long struggle will tell us not to fully really on long term investment, instead learn to trade short term and learn to invest short term.

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October 09, 2019, 08:09:22 AM
 #191

So far I see that altcoin is actually experiencing a decline in prices and this is a disappointment for investors all in the next 2 years we face a market that is not so good because the downward trend that continues to give a lot of effect on our assets all of which have experienced a substantial decline.
Well, we have no choice but to accept the reality, if they do not trust the future of the coins they are investing, we can expect that they will panic or will accept the reality that their coins is already dead. I suggest let's move one, and focus on the current situation, I am not saying that those coins are already dead but what I like is to look for opportunity on the current market, this long struggle will tell us not to fully really on long term investment, instead learn to trade short term and learn to invest short term.
Don’t worry, many Altcoins have already begun the process of price recovery in relation to Bitcoin. Today we can see an average price increase for Altcons by 7%. I think that this is the beginning of a big increase in Altcoin prices.
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October 09, 2019, 08:31:37 AM
 #192

So far I see that altcoin is actually experiencing a decline in prices and this is a disappointment for investors all in the next 2 years we face a market that is not so good because the downward trend that continues to give a lot of effect on our assets all of which have experienced a substantial decline.
We've been experiencing price decline for the past months and there's no signs of major recovery.

I think for this year, there's no bull that will happen for alts though im still hoping for changes.

So for the meantime lets grab this chance to buy alts because they are still cheaper.
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October 09, 2019, 10:08:08 AM
 #193

So far I see that altcoin is actually experiencing a decline in prices and this is a disappointment for investors all in the next 2 years we face a market that is not so good because the downward trend that continues to give a lot of effect on our assets all of which have experienced a substantial decline.
Well, we have no choice but to accept the reality, if they do not trust the future of the coins they are investing, we can expect that they will panic or will accept the reality that their coins is already dead. I suggest let's move one, and focus on the current situation, I am not saying that those coins are already dead but what I like is to look for opportunity on the current market, this long struggle will tell us not to fully really on long term investment, instead learn to trade short term and learn to invest short term.
Don’t worry, many Altcoins have already begun the process of price recovery in relation to Bitcoin. Today we can see an average price increase for Altcons by 7%. I think that this is the beginning of a big increase in Altcoin prices.
I am hoping from last one month reading all crypto related news everyday still i dint find any major increase in my holding i have . Most of my holding having more than 95% loss . So i am not having any hope that it will recover half of its price used to be.
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October 09, 2019, 10:45:59 AM
 #194

Altcoins now for me is better than before who value is very high but I think it still need a lot of improvement for altcoins to rise and I really think this year is high chance to rise but if this year is not the time for the altcoins to recover the value but they still have more years for the altcoins to recover but needs a lot of patient because maybe the other trader will give up but they need to wait because altcoins will going to rise for sure.
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October 09, 2019, 01:55:23 PM
 #195

So far I see that altcoin is actually experiencing a decline in prices and this is a disappointment for investors all in the next 2 years we face a market that is not so good because the downward trend that continues to give a lot of effect on our assets all of which have experienced a substantial decline.
The decline in prices experienced by altcoin is a dilemma for investors, especially since altcoin has not experienced an increase in price for a very long time. Investors who have bought several altcoins have begun to feel uncomfortable with market conditions that have not improved, so panic sell ensued because they were afraid of losing even more money.
Hopefully the price of altcoin will recover, and what we can do to increase the price of altcoin to a better path.  Huh  Huh

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October 09, 2019, 05:58:56 PM
 #196

After long bad days, the market turned green again. The bull run may come. Everyone is looking for 2017 prices, perhaps those days will live again. We shouldn't be in a hurry for this.
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October 09, 2019, 11:16:04 PM
 #197

The title says it all — altcoin price recovery is underway. Personally, i would be satisfied if prices go back to where they were a few days ago, but a rally that would take them higher wouldn't hurt, either.

What are your thoughts and expectations?

https://coinmarketcap.com/

No doubt, the altcoins recovery is on the way. bitcoin suffered the same issue last year and yet the price starting recover. so people have to be patient and wait for the altcoin comeback. this year favors bitcoin more than altcoins, it is not a new market behavior as we have seen it in the past. altcoins will soon recover as well.   
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October 14, 2019, 07:09:05 AM
 #198

One of my close friends lost everything based on this mindset. he lost all his Cryptocurrency and fiat assets, and I have no one to blame for this, except himself. Throughout the 2018 bear market, He accumulated as much BTC and ETH as possible. he believed in the technology and financial freedom that it offers. He studied at the university, He had a part-time job and most of the money he earned (even student loans) he invested every month in the purchase of Cryptocurrency. Despite the fact that the bear market reduced the value of his investment portfolio, he continued to buy, because he was sure that in the future it would pay off in one day. he was in my last year at university and thought that the Cryptocurrency would at least help him pay off student loans but he has nothing left now. he hasn't any opportunity to repay his student loans and he doesn't know what to do. Don't think about price recovery and follow the bear trend.
I don’t understand you, has he sold all his coin to panic that made you feel he has nothing left? If he has not sold his coin, and based on what you have here, he invested in the most promising two coins which also happen to be the kings of all coins, I don’t think he has lost anything, he might have made some mistakes of not selling during the last all time high which majority of us made also, but I believe that he will surely recover this price back in future.

I would not want you to give up on him yet, there is still very big light at the end of the tunnel. I have some investment in bitcoin that I am not also touching even if I see some increase now until in the future when bitcoin eventual hit the highest peak, and then I will be among people who had investment in bitcoin till its highest peak.
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October 14, 2019, 07:24:19 AM
 #199

One of my close friends lost everything based on this mindset. he lost all his Cryptocurrency and fiat assets, and I have no one to blame for this, except himself. Throughout the 2018 bear market, He accumulated as much BTC and ETH as possible. he believed in the technology and financial freedom that it offers. He studied at the university, He had a part-time job and most of the money he earned (even student loans) he invested every month in the purchase of Cryptocurrency. Despite the fact that the bear market reduced the value of his investment portfolio, he continued to buy, because he was sure that in the future it would pay off in one day. he was in my last year at university and thought that the Cryptocurrency would at least help him pay off student loans but he has nothing left now. he hasn't any opportunity to repay his student loans and he doesn't know what to do. Don't think about price recovery and follow the bear trend.
I don’t understand you, has he sold all his coin to panic that made you feel he has nothing left? If he has not sold his coin, and based on what you have here, he invested in the most promising two coins which also happen to be the kings of all coins, I don’t think he has lost anything, he might have made some mistakes of not selling during the last all time high which majority of us made also, but I believe that he will surely recover this price back in future.

I would not want you to give up on him yet, there is still very big light at the end of the tunnel. I have some investment in bitcoin that I am not also touching even if I see some increase now until in the future when bitcoin eventual hit the highest peak, and then I will be among people who had investment in bitcoin till its highest peak.
i thought i am the one who has difficulties in reading and understanding ,because i am looking for the reason why Hes close friend lost anything when the story tells about nothing that involves the placing of the said accumulated currency

because if the Bitcoin is still in the wallet,nothing that he needs to be worried as price is volatile and may grow again soon.

maybe OP needs to explain what happen to the bitcoin on and of his friend for him to blame himself
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October 14, 2019, 12:09:58 PM
 #200

I have hoped for this price recovery for almost two years, and it was literally nothing. Besides ETH rose from 85 to 240 bucks, but a price recovery is something more global for me. Hope that within the next couple of years, things will turn to be much better.
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