BTC and Altcoin Price Movement

[Dickiy]

Just look at what happened after 2017, during 2018 we had a time in which the price of bitcoin remained relatively stable two times and everyone thought that was the bottom and then the price kept going down, so most likely those that bought bitcoin at those two instances lost money and most likely they never recovered that money.

prices also decreased by 90% or even 100%. I also got stuck on several coins and found it difficult to recover.
Many people do consider 2018 as the lowest price, but in 2019 there will be more and more decline. but who knows what will happen in 2020, maybe there will be a significant increase.

many people are trapped in that mindset. when prices continue to fall they say if at the end of the year prices will rise again, but the opposite is true. mindset like this that makes people experience more losses, they should not believe in the news that says bitcoin will reach xxx prices at the end of the year.

to avoid being influenced by news like that we have to read two sides of trading techniques namely fundamentals and technicalities combined it will be an accurate prediction in our trading

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[xZork]

It is true that traders need to buy the bottom price

The main problem is that we cannot know when the lowest price is and when the highest price. Some people claim to buy bitcoin when it drops to $ 6000, but when the price of bitcoin drops to $ 6000 they continue to wait for the price to drop lower.

Some tokens get delisted and die after reaching the bottom
 

The majority of ICO tokens will die, people have lost faith in them so even if the price drops to the lowest possible level they will not buy them.

[HabiebRiziq]

When the altcoin price moves in the direction of a fall in prices, as a trader must indeed be prepared to buy at the bottom price by multiplying from the first purchase slot. But it is necessary to be careful and be sure to buy at a deep price. TA analysis is really needed to calculate everything.
do not get stuck at prices that are too high.

Buying the dip is a very popular strategy among many of the members of the forum but you have brought to light the greatest issue with that strategy, everyone always say to buy the dip and get your coins at the bottom, but you have no way to know what will be the bottom.

Just look at what happened after 2017, during 2018 we had a time in which the price of bitcoin remained relatively stable two times and everyone thought that was the bottom and then the price kept going down, so most likely those that bought bitcoin at those two instances lost money and most likely they never recovered that money.

Sometimes people don't know where the low point or base of the price of the coin is and they only buy based on what they see when they see the price fall, most people will start to buy it but for people who know that the coin is still at normal price or average price, this is not the right time to buy it. So it is true that we must know the point where we will buy the coin.

[bitcampaign]

I often do this monitoring bitcoin prices as an illustration to analyze altcoin prices, sometimes to enter into new altcoin trading will be very risky even they can fall deeper than what we think, just placing a few cheap buy orders there using a martiangle I think it's quite good to do when there is a reflection of rising prices come

[Doell]

determining the lowest price is difficult my advice is that in order to grow profits why not continue to buy right ,then sell when bullrun it's easy but in general a trader or holder does't have the full patience due to pressure of economic ,that awareness decreases when the market starts to correct and panic makes your lose simple thinking is not analysis but is patience I mean well analysis is also equally important for determining which point or pattern mark will advance

[wajik-tempe]

I often do this monitoring bitcoin prices as an illustration to analyze altcoin prices, sometimes to enter into new altcoin trading will be very risky even they can fall deeper than what we think, just placing a few cheap buy orders there using a martiangle I think it's quite good to do when there is a reflection of rising prices come

Yeah don't forget to set a stop loss to prevent a big loss from altcoin sudden drops just like MATIC before, that was a disaster for the holder. Altcoin is always way much risky than bitcoin trading, that's why we have to be really careful with it and split our investment to at least 10 altcoins that we think it's good.

[Dickiy]

It is true that traders need to buy the bottom price

The main problem is that we cannot know when the lowest price is and when the highest price. Some people claim to buy bitcoin when it drops to $ 6000, but when the price of bitcoin drops to $ 6000 they continue to wait for the price to drop lower.

Some tokens get delisted and die after reaching the bottom
 

The majority of ICO tokens will die, people have lost faith in them so even if the price drops to the lowest possible level they will not buy them.

what is more when the ICO price is set then after the listing exchange price is much lower than the ICO that has been set then people are disappointed with it and many investors bear the loss

[Lecam]

determining the lowest price is difficult my advice is that in order to grow profits why not continue to buy right ,then sell when bullrun it's easy but in general a trader or holder does't have the full patience due to pressure of economic ,that awareness decreases when the market starts to correct and panic makes your lose simple thinking is not analysis but is patience I mean well analysis is also equally important for determining which point or pattern mark will advance

Very difficult of the price determine we must be smater buy more when the price goes down and hold. But as you said many have no patience because the economic situation sometimes they need money so they need to sell there holding if there is no other options where to find money. Even they are lose some of there capital they sell it because they need badly money.

[julius caesar]

If the price of a specific coin goes down, you better try to take the chance to have some of it and hold it because you can earn a good amount of money into it if you are going to hold it. Always remember the buy low sell high principle. After you bought it on its lowest price, try to sell it when the price of it rises up for you to be able to gain a good amount of profit.

[nancy]

Almost every altcoin is depending from btc price. When btc is pumping, alsmot all market green

[Beparanf]

If the price of a specific coin goes down, you better try to take the chance to have some of it and hold it because you can earn a good amount of money into it if you are going to hold it. Always remember the buy low sell high principle. After you bought it on its lowest price, try to sell it when the price of it rises up for you to be able to gain a good amount of profit.

It's hard to get the timing where the price will increase and decrease when we watch too much altcoins price movement. Just focus on some coins that is actively changing their prices not too low or too high, there is a more chance to earn in trading than waiting too long. The only coin worth holding is btc the rest is merely for trading only.

[nutriagrigia]

If the price of a specific coin goes down, you better try to take the chance to have some of it and hold it because you can earn a good amount of money into it if you are going to hold it. Always remember the buy low sell high principle. After you bought it on its lowest price, try to sell it when the price of it rises up for you to be able to gain a good amount of profit.

if you see that some coin falling in price, then before buying this coin it is better only after you analyze its fundamental strength. the drop in the price of altcoin may not be due to the bear market but because the fundamental factor of this coin is very weak and the price can no longer recover. I mean think twice before buy

[VanDeinsberg12]

Almost every altcoin is depending from btc price. When btc is pumping, alsmot all market green

It caused by altcoin is not getting any movement and the dollar impact that caused by the bitcoin bullish trend was affecting the price of the altcoin. I guess you can take it easy as the altcoin itself will determine the price and it's not 100% pegged to the bitcoin like what has already said by everyone else.

[djsugar]

There was a visible trend between bitcoin and altcoins price movement till 2018 first half. After that with every bitcoin move up or down, altcoins just fell. If Bitcoin went up, people started shifting to Bitcoin from altcoins that brought a fall and conversely, if it went down, people started shifting to stable coins again making altcoins fall. Because of that many altcoins have already bottomed out.
Before that wasn't the case. Whenever Bitcoin made an upward movement and stabilised, altcoins followed it.

[Yaunfitda]

There was a visible trend between bitcoin and altcoins price movement till 2018 first half. After that with every bitcoin move up or down, altcoins just fell. If Bitcoin went up, people started shifting to Bitcoin from altcoins that brought a fall and conversely, if it went down, people started shifting to stable coins again making altcoins fall. Because of that many altcoins have already bottomed out.
Before that wasn't the case. Whenever Bitcoin made an upward movement and stabilised, altcoins followed it.

It's because everyone was really dumping altcoins since the mid 2018 and altcoins continue to decline till the end of 2019. The market conditions worsens as no new investors are coming in and most of them are really doing some day trading with bots.

But as soon as BTC will stabilised specially after the halvening. We might see some semblance of a rally that can have a trickle effect on altcoin. So 2020 will be very exciting not just BTC but for the altcoin market as well.

[nicolas1979]

Every trader/ investor has different opinion and respond about sideways or down trend in crypto market. Worry is necessary because if you already use stop loss and money management, your risk is minimize. The big mindset is we should see all trend as a friend and use it as our limit. Don't be sad/ angry when market goes into another direction, see it as a chance to give you better position for next day. I'm really sorry about the articles, I can't find benefits from it.

[anjiitem]

determining the lowest price is difficult my advice is that in order to grow profits why not continue to buy right ,then sell when bullrun it's easy but in general a trader or holder does't have the full patience due to pressure of economic ,that awareness decreases when the market starts to correct and panic makes your lose simple thinking is not analysis but is patience I mean well analysis is also equally important for determining which point or pattern mark will advance

Very difficult of the price determine we must be smater buy more when the price goes down and hold. But as you said many have no patience because the economic situation sometimes they need money so they need to sell there holding if there is no other options where to find money. Even they are lose some of there capital they sell it because they need badly money.

That's right. Sometimes people rush to sell the coins they have and I think everyone has their reasons why sometimes they sell their coins even though the price is far below or you could say sell it at a loss. We cannot blame the person because sometimes they are in an emergency and may need something so they choose to sell their assets that you cryptocurrency for something important or maybe they think the coins held will continue to fall so they decide to sell them so they don't experience greater loss.

[wxa7115]

Just look at what happened after 2017, during 2018 we had a time in which the price of bitcoin remained relatively stable two times and everyone thought that was the bottom and then the price kept going down, so most likely those that bought bitcoin at those two instances lost money and most likely they never recovered that money.

prices also decreased by 90% or even 100%. I also got stuck on several coins and found it difficult to recover.
Many people do consider 2018 as the lowest price, but in 2019 there will be more and more decline. but who knows what will happen in 2020, maybe there will be a significant increase.

It is difficult to know what it will happen during this year, the past year was completely dominated by bitcoin and it seems this year we are going to see more of the same and I believe 2021 will be dominated by bitcoin as well, so it is difficult to tell what it is going to be necessary for the market of altcoins to begin to recover on their own without the help of bitcoin.

So for the time being forget about those coins since there is no point in selling them now especially if they are good coins and concentrate on how you can get more bitcoin while its price is still low.

[stephanirain]

When the value of cryptos falls, many traders double down – effectively strengthening their commitment to a course of action that is potentially risky – because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or “one large move.” By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article! https://medium.com/mark-price/the-chop-c55567cb7d26

The prices of bitcoin and many other cryptocurrencies are now recovering and looks like it will continue to do so. Every time that the prices fall, some investors take the opportunity to buy and start investing. Up to this time, bitcoin is back to 8k usd. This is a good news to start the year 2020. It will also assumed that many other cryptocurrencies will follow this upward trend.

[#Darren]

Right now the market is slowly raising the bar and it would be awesome if such a positive trend continues. Everything increases on a green market and it does not matter how good TA looks. Lets just hope that bulls have arrived.