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Author Topic: Bitcoin Stability zone and Altcoins  (Read 218 times)
stomachgrowls
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May 15, 2020, 11:58:26 PM
 #21

  • What is the stability zone of Bitcoin Price ?
There are times that bitcoins price do move sideways but it never been considered to have that stability zone.
Price is always been volatile and thats one of the main reason why theres a big community that supports it.Why?
volatility makes money but not all the times we would see high ranges of movements thats why sometime we can
say that it is somewhat stabilize or steady but its actually a wrong term to be used.
  • Still Altcoin's downtrend continue ?
No one would able to know but basing up on between btc and alts dominance then you can surely tell on where you should put up
your money for now.
  • What is the perfect time to buy Altcoins?
When everything is on red yet this had been always the best time to buy but surely your emotions will put
you on hesitance.
  • When we can see a strong bounce back in altcoins
No one does have that crystal ball to tell on what would be the prices ahead looks like.  Cheesy

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May 16, 2020, 09:31:56 PM
 #22

There are many altcoin which grew around in market. With such profit, risk follows. While Altcoin is riskier when compared to bitcoin. Litecoin is older than ethereum but is an improvement to bitcoin as litecoin is four times faster than Bitcoin, it's grown to be one of the best altcoins with its current trading.

It might be a litecoin season too for bull run likewise etheruem has done in last btc halving. Apart from that, there are new altcoins whose present in the market will be a great achievement. I don't want to mention names but project are leading their coins strong lately. Lets see if the halving is going to cause a bull in altcoins.
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May 16, 2020, 11:20:21 PM
 #23

There are many altcoin which grew around in market. With such profit, risk follows. While Altcoin is riskier when compared to bitcoin. Litecoin is older than ethereum but is an improvement to bitcoin as litecoin is four times faster than Bitcoin, it's grown to be one of the best altcoins with its current trading.

It might be a litecoin season too for bull run likewise etheruem has done in last btc halving. Apart from that, there are new altcoins whose present in the market will be a great achievement. I don't want to mention names but project are leading their coins strong lately. Lets see if the halving is going to cause a bull in altcoins.
Yeah, let see what will happen next, a few months from now. And I believe there is probably a change happening and quite different as we've seen today.

But talking about Bitcoin's stability zone, I doubt that we could find it. Volatility stance for it and therefore, we could never see there is stability zone. The market moves freely, it goes up and down at any time, the same thing as it happen to altcoins.
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May 17, 2020, 02:08:20 AM
 #24

Bitcoin is not included stablecoins, the price is volatile. So there is no stability zone prices for bitcoin. Then for altcoins now
It's starting to bounce back, so if want to buy altcoins, this is the right time. According to my prediction in 2021 it will happen
alt season where altcoins prices will uptrend, and altcoins will rise to reach all time high prices.

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May 17, 2020, 06:02:25 AM
 #25

There is a fairly common rule in crypto market when bitcoin is stable, it is time for small capitalized shitcoins to be pumped quite strongly at big exchanges. And it is also time for the alts to recover and grow to reduce the bitcoin dominance. So after the strong growth from bitcoin and it's in the stability zone after that, it's a good time to buy short-term alts and trade.

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May 17, 2020, 06:33:33 AM
 #26

There is a fairly common rule in crypto market when bitcoin is stable, it is time for small capitalized shitcoins to be pumped quite strongly at big exchanges. And it is also time for the alts to recover and grow to reduce the bitcoin dominance. So after the strong growth from bitcoin and it's in the stability zone after that, it's a good time to buy short-term alts and trade.

Your strategy may work for you, but actually I think the only way for altcoins to be stable again is if bitcoin will rise and will create a new high.
It's like a start of the market since investors will be able to see a good price to sell and the new investors coming will not have to panic anymore.

also it's important that bitcoin will be stable so altcoins will start growing, if bitcoin is so volatile and we will witness a pump and dump, it will usually affect the movement of altcoins as well, so they'll not be able to grow.

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May 17, 2020, 06:48:19 AM
 #27

~snip~

I think that at the moment there is no clear structure if the market can stabilize, or in some kind of trend, although we are in a pandemic where panic is the order of the day, and at the same time we have the effect of Bitcoin's Halving. , and although the correlation with speculative markets is low, Bitcoin has a life of its own, which means that altcoins want or do not depend and will always depend on Bitcoin.

That's somehow correct that the altcoin only depends on the price of bitcoin in the market because the only basis of their existence is bitcoin. Altcoins are inspired by bitcoins that's why they are made to the market, and in terms of stability in the market, there's no such thing and it is hard to attain stability especially that there are factors that can affect its price. Like this pandemic, plus the halving season, probably there's a huge impact of this events about the stability of bitcoin.

Bitcoin can really be independent and grow on its own, it has its own value and worth in the market and every bitcoin holders know that. There is something more about bitcoin that you can't find in using those altcoins and it a good store of value even in a long term investment compared to altcoins that are only dependent.
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May 17, 2020, 09:16:02 AM
 #28

There is a fairly common rule in crypto market when bitcoin is stable, it is time for small capitalized shitcoins to be pumped quite strongly at big exchanges. And it is also time for the alts to recover and grow to reduce the bitcoin dominance. So after the strong growth from bitcoin and it's in the stability zone after that, it's a good time to buy short-term alts and trade.



also it's important that bitcoin will be stable so altcoins will start growing, if bitcoin is so volatile and we will witness a pump and dump, it will usually affect the movement of altcoins as well, so they'll not be able to grow.

That will be the scenario but since the halving is taking effect right now maybe the focus of the traders are on bitcoins since many people monitoring if it will take a big leap just like what happen before, maybe there are others who still do trades with alts but provably only few percentage since the hype is growing on bitcoins side right now.

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