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Author Topic: Altcoin Bleeding  (Read 2157 times)
romanij
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January 03, 2020, 08:39:51 PM
 #161

Even the top 30 aren't safe.  Maybe you should add in more Bitcoin and Ethereum as a hedge.
Why do you recommend investing in Ethereum? You understand that after the Ethereum 2.0 update all today's coins will be forcibly exchanged for new coins. I do not think that most institutional investors will support such changes and therefore when investing in Ethereum today you can lose a lot of money in the future. We see that ETH is absolutely unstable coin. Today, the best choice is bitcoin and nothing else.
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January 03, 2020, 09:56:59 PM
 #162

and now their prices are rising, come on this is a pure market situation you do not need to panic or overreact, even in the stock market the price has increased / decreased even though not as big as crypto.
so think calmly and start analyzing the market in case you can benefit from it.
Overreaction is also like something that continues to happen when the market collapses, whereas on the other hand the market will surely get a recovery even though sometimes the recovery does not happen in a fast time and that is what makes an excessive reaction or panic increase so as to make market conditions worse.

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January 03, 2020, 10:12:58 PM
 #163

Most times I feel people have given up on cryptocurrency. By this time 2017,the market was bulling but since then it has been a difficult thing looking at ones portfolio.

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January 04, 2020, 02:06:47 PM
 #164

The top 30 altcoins don't need to be doubted, but if we compare with the top 150 altcoins, there really isn't a significant difference in price trends.

It wasn't new investors that caught my attention, but many traders began to be interested in playing margins and quickly moving coins back to btc or stable coins, so holders like this actually didn't hold it in the long run and caused the price foundation to continue to bleed.
For trading, there are so many coins and the market is full of coins but we should invest only in profitable coins like bitcoin and ETH as they are good. People who invested in bitcoin never regret as the price of bitcoin gets more chances to increase so I know market right now is not that appreciated but it is good to see the price has chances to recover in 2020.

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January 04, 2020, 02:34:57 PM
 #165

The top 30 altcoins don't need to be doubted, but if we compare with the top 150 altcoins, there really isn't a significant difference in price trends.

It wasn't new investors that caught my attention, but many traders began to be interested in playing margins and quickly moving coins back to btc or stable coins, so holders like this actually didn't hold it in the long run and caused the price foundation to continue to bleed.
For trading, there are so many coins and the market is full of coins but we should invest only in profitable coins like bitcoin and ETH as they are good. People who invested in bitcoin never regret as the price of bitcoin gets more chances to increase so I know market right now is not that appreciated but it is good to see the price has chances to recover in 2020.
but you must remember that the value of bitcoin is very expensive. requires large capital to trade or invest in bitcoin. and don't forget to estimate the cost of bitcoin trading if you start trading bitcoin. do not until you feel the loss with a little increase and cost that is too large.

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January 04, 2020, 03:17:57 PM
 #166

Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.

I think the new coins also have a big chance, but you have to be smart in choosing those coins. If the top 30 coins, I think the price is controlled. Look at the daily charts, everything is almost the same. I used to think the same as you, it turns out when I learn more, and try to invest in new coins, the profits are far greater than the old coins.

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January 04, 2020, 03:22:41 PM
 #167

Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.

I think the new coins also have a big chance, but you have to be smart in choosing those coins. If the top 30 coins, I think the price is controlled. Look at the daily charts, everything is almost the same. I used to think the same as you, it turns out when I learn more, and try to invest in new coins, the profits are far greater than the old coins.
Even a new coins cannot guaranteed a profit and indeed it is needs for further search the profitable coin to invest. Altcoins has no changes and in a downtrend for long, so in a new coin choose the best one when investing.
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January 04, 2020, 03:25:51 PM
 #168

Indeed, the altcoin market is bleeding. I suppose its as a result of the distrust of investors in the market and new projects most especially. I'm of the opinion that the bleeding would be over in no distant time as this year seems promising for the cryptocurrency space, based on the information I have. We still need to remain positive as the cryptocurrency industry has so much to offer.

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January 04, 2020, 03:53:21 PM
 #169

Indeed, the altcoin market is bleeding. I suppose its as a result of the distrust of investors in the market and new projects most especially. I'm of the opinion that the bleeding would be over in no distant time as this year seems promising for the cryptocurrency space, based on the information I have. We still need to remain positive as the cryptocurrency industry has so much to offer.

That's the main reason because we all have proven and we have seen how altcoins were turned out to be scam, how they become useless and the founders just run away after everything. So we are not already surprised by what's happening in the market, that is the consequence of our actions too, because we trusted too much of the project that has no real value.
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January 05, 2020, 04:49:13 AM
 #170

Indeed, the altcoin market is bleeding. I suppose its as a result of the distrust of investors in the market and new projects most especially. I'm of the opinion that the bleeding would be over in no distant time as this year seems promising for the cryptocurrency space, based on the information I have. We still need to remain positive as the cryptocurrency industry has so much to offer.

That's the main reason because we all have proven and we have seen how altcoins were turned out to be scam, how they become useless and the founders just run away after everything. So we are not already surprised by what's happening in the market, that is the consequence of our actions too, because we trusted too much of the project that has no real value.

This market was affected by bad project, when we think of 90% of the altcoins has no potential, then that would simply say how bad the market in overall.
Of course, this 10% could save the altcoins market, however, it would not be so easy, it will certainly take time.

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January 05, 2020, 04:56:24 AM
 #171

Indeed, the altcoin market is bleeding. I suppose its as a result of the distrust of investors in the market and new projects most especially. I'm of the opinion that the bleeding would be over in no distant time as this year seems promising for the cryptocurrency space, based on the information I have. We still need to remain positive as the cryptocurrency industry has so much to offer.

That's the main reason because we all have proven and we have seen how altcoins were turned out to be scam, how they become useless and the founders just run away after everything. So we are not already surprised by what's happening in the market, that is the consequence of our actions too, because we trusted too much of the project that has no real value.

This market was affected by bad project, when we think of 90% of the altcoins has no potential, then that would simply say how bad the market in overall.
Of course, this 10% could save the altcoins market, however, it would not be so easy, it will certainly take time.

Indeed, it is true that there are so many bad projects and it can affect prices on the market let alone altcoin become shitcoin that is not useful at all, well, there investors like to avoid and embed investment in the crypto market.
It took years to save the altcoin crypto market as it used to be, let alone the remaining projects and have a potential of only 10%.

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January 05, 2020, 04:58:20 AM
 #172

Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.
I think the new coins also have a big chance, but you have to be smart in choosing those coins. If the top 30 coins, I think the price is controlled. Look at the daily charts, everything is almost the same. I used to think the same as you, it turns out when I learn more, and try to invest in new coins, the profits are far greater than the old coins.
But investing on new coins is a lot risky than investing in a major old coins. You need to be very smart with your research in case you want to turn your money to a new coins or a new project.

As for the bleeding of the market, it is indeed hurting my eyes seeing everything are in red. Thankfully now the market is much better than yesterday's. And hopefully from this point on we will get better. With how many failed projects and scammed which made investors kinda hesitate to invest their money is one of the reason behind all these red I think. They're waiting for the very right moment to jump into the market.

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January 09, 2020, 07:29:13 PM
 #173

and now their prices are rising, come on this is a pure market situation you do not need to panic or overreact, even in the stock market the price has increased / decreased even though not as big as crypto.
so think calmly and start analyzing the market in case you can benefit from it.
The price raised 5% and the market has been giving back those profits during the last days while even the altcoins in the top 10 are still facing 90% in losses, there is not a reason to be positive about the market of altcoins at the moment, and I know this is hard to accept especially for those that joined the market when it seemed like altcoins had a chance to replace bitcoin.

But those expectations are nothing but dreams now, there is no way altcoins are going to replace bitcoin and without that hope I do not see altcoins recovering anytime soon, maybe during the next years they could reach their fiat ATH again but when compared to the bitcoin ATH they reached I have doubts they will ever become that valuable again.

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January 09, 2020, 08:15:25 PM
 #174

The top 30 altcoins don't need to be doubted, but if we compare with the top 150 altcoins, there really isn't a significant difference in price trends.

It wasn't new investors that caught my attention, but many traders began to be interested in playing margins and quickly moving coins back to btc or stable coins, so holders like this actually didn't hold it in the long run and caused the price foundation to continue to bleed.

do not agree, there is a significant price trend difference within top 30 group, comparing for example top ten - XLM was on position four, now is out of top ten, and monero is back in the top ten, with BSV, while TRX is also out... out of top ten, ChainLink and Cosmos have much better performance than the rest of the group, including IOTA, NEO and similar...
within top 100 there is a much difference, some coins just pop-in within top 50, like Syntetix, have large ups and downs, while others just follow the trend...

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January 09, 2020, 10:18:39 PM
 #175

Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.


To invest in first 30 coins means you should invest in first 30 with highest marketcap. This is true to me because although, low market cap coins could be highly profitable in bull market but are also more risky as the losses are more during bearish market.
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January 09, 2020, 10:33:30 PM
 #176

Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.

I think the new coins also have a big chance, but you have to be smart in choosing those coins. If the top 30 coins, I think the price is controlled. Look at the daily charts, everything is almost the same. I used to think the same as you, it turns out when I learn more, and try to invest in new coins, the profits are far greater than the old coins.
There is no guarantee that the value of those new coin will increase and it will depend on how many trader or investor are trading those coin and also depend on the exchange if its really providing a real time volume.

And some of those coin/token today are just a bunch of useless because only those developers created the project are earning and not the investor.
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January 10, 2020, 06:09:22 PM
 #177

In my case, I don't invest on those altcoin that is not well known by the community. I always do some research first before investing on a specific coin so that I can avoid losing money. Also, I just hold my coin if the price of it is not higher than the price when I bought it. I always sell my coin if it becomes profitable enough.
I do not agree with your opinion. I think there is no guarantee of it. How many days will you hold it? For example, i have bought some waves near two year ago. But i can not sold yet. Now it's price is very low. No body know when it will pump.

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January 11, 2020, 05:52:13 PM
 #178

Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.

This rule is useless cause it works now but the things may change soon and you will see the opposite strategies working much better than yours. The key factor here is to feel the market and wait for the right moment.

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January 11, 2020, 06:01:00 PM
 #179

Can we say have ended time for altcoin raise to higher price? although bitcoin can growing up with higher price change about 10% but altcoin looks down and never care about what happen with bitcoin could up to higher price, exactly when bitcoin down altcoin without get permission can be down and more extremely than bitcoin price down.

 
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January 11, 2020, 06:03:27 PM
 #180

Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.

You know, it is always the devil in the details.

Listening to that only top 30 being safe sounds good at 1st,
but there are no guarantees for any coin not even the one at the top spot.

However someone ignoring the top 30 rule,
could have purchased ZEIT at $0.000002 per coin 1 month ago and today it is hitting 0.000006  .
A 3 fold increase from a coin listed over #1200 by CMK.

ZEIT Strengths
Energy Efficient
Ultra Low Inflation
Transactions fees are burned, stabilizing the supply even more
Perfect for Micro-Payments, more cost efficient than even LN


 Cool

  

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