The new drama has started in Altcoin

[YOSHIE]

So, what should we do in this dramatic conduction of altcoin?

if you are among those who are proficient in crypto / altcoin trading this is your golden opportunity to profit / second / hour.

Crypto volume is unstable in the market in a matter of seconds it can change in an instant, right now all you have to do is trade on futures/short, not long-term investments.

Example; that happened in the last few days against coins (JST), (NRG) (AOA) (YFI) and many others.
Focus on short-term trading, monitor charts, and analyze market volume over time against the Altcoins you want to trade.

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[ice18]

This is the nature of altcoins having high volatility and being volatile is an advantage for traders to earn profit its pretty normal I can see no drama on in the best thing to do is to take this opportunity to earn in this kind of market fluctuations by day trading and earn profit.

[Thomas-s]

I am now choosing a waiting strategy. the situation is very difficult for me now. I cannot make a correct analysis of the market because it is not clear where the prices for cryptocurrencies will move. I will wait for further action

[samuraijin]

if the altcoins are in a pair of BTC and ETH, maybe their value will fall, but if it's in a stable currency pair like dollar or usdt, I think if it's recalculated it will have the same value. that's in my opinion, but if you expect the BTC and ETH pair, your altcoins will still go down because people prefer to hold BTC and ETH because of their increasing prices, but just wait for more investors to enter the crypto market.

[memed97]

In my opinion, this is not a drama, but the usual state of affairs, altcoins always behave unstable, BTC pump, they dump, BTC dump, they dump too, we can only watch and endure.

If you just watch and survive, there will be no profit that we can get from every market condition, it would be better if you use a little capital to gain profits through Altcoins that already have potential when BTC starts pumping upwards.

[Btra]

Now, there is a dramatic situation in the crypto market in terms of price fluctuations and the behavior it has shown from the last 6 months at the beginning of the COVID19. f you remind from the last six months then the cryptos are already was in an upward movement but suddenly the starting of the COVID the Bitcoin price has gone down from the $10,000 to $6,000 hence the Ethereum also came to below at $145. But, as the market caught up the movement so it has gradually go increase and now the Bitcoin has reached the price level of above $12,000 and the Ethereum above $400. So, be patient as you know the prices of the crypto are always volatile. Do, not gauge it a dramatic asset as you must get benefits if you have an investment in the good coins.

[Genemind]

This is not something new in the market, the market had been volatile and this isn't the worse. Maximizing the opportunity to ride the market is the best thing to do, although it is risky. Most altcoin pumps and dumps depending if there's a massive movement in BTC since most of them are paired on it. People start dumping their altcoin whenever the BTC price starts rising.

[so98nn]

AS for many days, the crypto market is now in good conduction as compare from the last three to four months. But now a new thing in coming to altcoin, that the prices of all altcoins are fluctuating very badly and not able to stable in a single position for at least an hour. So, what should we do in this dramatic conduction of altcoin?

I am not sure what is new in this one since we already know that all the cryptocurrencies are unstable or the proper word we use is "Volatile".

Just getting to the point, there doesnt seems any news floating around where it would be affect all the altcoins. Max to max you can say something about ETH since its newest version of 2.0 underway.

Rest of them just jiggling around as matter of high volatility fundings. You know the "anyone with any amount can come in come out of the market". That's what it is.

[Twinkledoe]

This is the nature of altcoins having high volatility and being volatile is an advantage for traders to earn profit its pretty normal I can see no drama on in the best thing to do is to take this opportunity to earn in this kind of market fluctuations by day trading and earn profit.

And let's admit the fact that most of these alts are crap, without usage in the market and just pump and dump by their devs. Very few alts have real application and are really working to their goals. Most of them don't even touch their roadmap and just relying on their traders. So only few alts, can really survive in this market.

[shakesbear]

Movement is life, on the contrary, it's great that altcoins show signs of life, drama is when the price of the token dump -99%.

[chikator]

AS for many days, the crypto market is now in good conduction as compare from the last three to four months. But now a new thing in coming to altcoin, that the prices of all altcoins are fluctuating very badly and not able to stable in a single position for at least an hour. So, what should we do in this dramatic conduction of altcoin?

Isnt the fluctuating prices the norm with these coins? Nothing to be done about it i guess. What i do with these mostly is wait until i feel like its time but i dont sell when its in the middle of a trend of rising up. I try to stray away from the panic.

[trauchot]

The prices of all cryptocurrencies are constantly changing and will change and there is nothing to be done about it, only the price of stable coins staying on one place, so you by yourself must decide and think about what to do if you want to invest in cryptocurrencies or trade.

[jpnl0006]

It is already a known fact that the crypto space is a volatile world. Everyone trading in the space is fully aware of it and prepared even before venturing into it. I advice that you always make provision for contingency and know when to pullout of the market in cases where there are unspeculated movement so as to minimise losses.

[Banulit]

Regarding that matter I can the best thing that we can do to improve that fluctuating conditions of those altcoins is to patronized and promote those altcoin especially that we all know that the cryptoworld is so volatile.

[shoreno]

I think ALTs were more unstable in 2017 and 2019.

on the year 2017 yes they are its because thats the time all coins pump at thier highest potential so people should sell or miss those good moment , selling of all users is the reason why price hardly to become stable that time but on the year 2019 the situation is different  . coins dump that time and they became stable with low price .

now i can say that most alts are still stable so i dont get the point of op or maybe he was talking to the new tokens .

[Metall303]

I have already made a very good profit during the green season on the altcoin market. Now I have fixed my profit and now I will wait for the decline in prices for altcoins.

[smyslov]

AS for many days, the crypto market is now in good conduction as compare from the last three to four months. But now a new thing in coming to altcoin, that the prices of all altcoins are fluctuating very badly and not able to stable in a single position for at least an hour. So, what should we do in this dramatic conduction of altcoin?

I don't know what altcoins are you looking at but those top altcoins in the market are doing great if you mean new tokens that you are supporting then the developers of those projects should be the one to address you should push them to make their project looks good and work on the demand, the top 10 coins or tokens in the market are doing just fine.

[Mulann2]

Since I have no experience in trading I just buy some coin I think looks good enough and have the potential, I buy what I can afford and hodl for some time, marker will always fluctuates but there is nothing anyone can do just be patient and follow up accordingly.

[Kelvinid]

AS for many days, the crypto market is now in good conduction as compare from the last three to four months. But now a new thing in coming to altcoin, that the prices of all altcoins are fluctuating very badly and not able to stable in a single position for at least an hour. So, what should we do in this dramatic conduction of altcoin?

This is normal, this depends on our position as a bounty hunter, trader or investor. I am sure that each of them has its own tricks in seeing market patterns and developments ending in later decision making.

It turns out that the market has its own agenda where we can't take control over them. We have different market approach, may the others feel uncomfortable with the current situation while the others also accepted it. And since before, the market looks like this, volatility makes the market more alive that of the stock market and this is a reason why many investors had fall into crypto investment.

@OP, feel this is not another drama, in fact, we've been like this before. It sometimes the market goes high but later on it goes back down again. We should have nothing to complain for that situation coz that is one of the market features that crypto enthusiasts live with.

[judeafante]

@OP, feel this is not another drama, in fact, we've been like this before. It sometimes the market goes high but later on it goes back down again. We should have nothing to complain for that situation coz that is one of the market features that crypto enthusiasts live with.

I think OP is not familiar with the movement of the market, like what you said it's very normal and it will happen a hundred or even thousands of times and the market will be like that, we should accept the market as it is and we should control our reaction so we can catch the market actual situation.