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Author Topic: The new drama has started in Altcoin  (Read 1575 times)
Wapfika
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August 09, 2020, 11:39:06 AM
 #61

Yes, this time the crypto market is in good condition. But I think you also knew it that it's been volatile all of this time. So if there is a movement and it fluctuates negatively, you'll never know.
Because it's the attitude of crypto market and it continues to keep moving like that. My suggestion of what you must do is don't be panic if you see it fluctuates. Learn to go with the wave and be calm all of the time it fluxes.
The thing now is people have time to monitor their portfolio too much, that even we set goals and knew it will drop and soon to rise again. I also experience it this time of quarantine since I was able to focus a lot in trading that whenever the price goes down even I knew that the price drops is normal it seems I can't wait and wanted to change the plan, I better should find other activities to keep me busy so when the prices isn't good that day I will not mind too much.

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August 09, 2020, 12:19:32 PM
 #62

That is what is called market volatility. It is relatively ok to conclude that if you are not ready to admit the loss, it is better you take out your trade and buy less volatile coins at the moment (maybe Bitcoin). Stablecoin is commonly regarded as a safe haven at this moment but however, the price can still go in anyway.If you are a risk-taker, you can continue watching the market. For the past few weeks, crypto trading has continued to witness continous market influx of minted stablecoins
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August 09, 2020, 12:28:38 PM
 #63

for myself this is not a new drama but just a classic event, every time Bitcoin has experienced a very high price increase, it is certain that altcoin as its children experiences an unstable change because it might equalize its value with bitcoin and fiat so things will definitely happen something like this and in the future will happen again ,,

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August 09, 2020, 12:33:17 PM
 #64

what we have to do now is if we are long-term players then we have to wait for the altcoin price in the stable market because it is still in a price correction position or price adjustment to the value of bitcoin with fiat,

there is nothing to do but be patient to wait for the right time and conditions or try your own luck by playing fast in the markets.

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August 09, 2020, 02:49:55 PM
 #65

If you are knowledgeable enough in trading, you should try daily or scalping trading since you said the altcoins are not stable and always fluctuates every single minute the that is the best opportunity for you gain profits if your are a expert trader. You'll be able to utilize the movements of the charts for your gains.
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August 09, 2020, 03:06:53 PM
 #66

currently, the crypto market is experiencing a significant increase, but for traders, don't be left behind to take advantage of moments like this, namely doing daily trading.
I think all the traders who are already professionals will obviously take advantage of the good moments at this time, because they can definitely make a profit through the trading knowledge they have had for a long time.
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August 09, 2020, 03:10:06 PM
 #67

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?
Crypto has been never stable, it's incredible volatile. There's nothing we can do to make the market stable, that's just how the market is. if you wanna invest in something stable just buy gold.
If cryptocurrency takes a stable position, how can we invest in cryptocurrency? We are all afraid to invest in cryptocurrency for fluctuate situation, but without cryptocurrency fluctuate we can't be interested like now. Altcoins price was getting worse during last year's pump of Bitcoin. In every different situation, cryptocurrency is doing great. Actually we're started to like altcoins drama.
If crypto is stable i think alot of people are still gonna invest to it and be interested, as long as the price increase while being stable is not gonna be a problem to some people. Some altcoins are too reliant to being that's why they're not doing well right now, as long as bitcoin's price increase altcoin's will increase too.
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August 09, 2020, 03:17:12 PM
 #68

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?
High risk high reward strategy is to be doing margin trading if you know how to do it and should only do if you have a previous experience with margin trading in the past and know how to do technical analysis. But for those who don't know TA then only trading the altcoins is the option that they have to go for. Also now a days there is the availability of flash loans and you can combine these flash loans with arbitrage opportunities and then you can make a killing without risking much of your coins in that trade, all you gotta pay is the transaction fees and that's it.

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August 09, 2020, 04:04:28 PM
 #69

If you are knowledgeable enough in trading, you should try daily or scalping trading since you said the altcoins are not stable and always fluctuates every single minute the that is the best opportunity for you gain profits if your are a expert trader. You'll be able to utilize the movements of the charts for your gains.
That's right, if he couldn't take advantage of it at this point, then he would not be a trader who was skilled in his field, because skilled traders would definitely take advantage of this to make a large profit day after day.
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August 09, 2020, 04:20:18 PM
 #70

But this situation is better than it continues like a few months ago, it is quite risky to do day trading today. I'm not too sad because this situation is good for me because I prefer to hold
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August 09, 2020, 04:28:09 PM
 #71

But this situation is better than it continues like a few months ago, it is quite risky to do day trading today. I'm not too sad because this situation is good for me because I prefer to hold
That's right, because in the past few months I have seen many old projects that have increased price of token unexpectedly and also this situation is like an altseason, only this is a small version this happens I think it is also related to current situation of crypto market which can be said is quite good, and also using this moment for day trading or short trade is perfect.

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August 09, 2020, 07:26:32 PM
 #72

This is common case in crypto world. This is happening because btc is moving. Maximum time when btc goes up maximum altcoins price also rise. That's why in last few days altcoins moving. In this time most of the successful trader catch the coin and make profit. If you can't don't try to trade altcoins because wrong steps can be dangerous for you.

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August 09, 2020, 11:32:29 PM
 #73

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 called crypto volatility and it's a part of crypto market. From past couple of weeks altcoin growing up, specially defi altcoin projects. Many people thinking this is the sign of bull run. If it's sign of bull run then price fluctuating is not a new thing. We saw many times in past. All we can do be patience and join the bull run. Try to invest on some good altcoin projects which still have chance to grow up.
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August 10, 2020, 06:51:05 PM
 #74

Yes, this time the crypto market is in good condition. But I think you also knew it that it's been volatile all of this time. So if there is a movement and it fluctuates negatively, you'll never know.
Because it's the attitude of crypto market and it continues to keep moving like that. My suggestion of what you must do is don't be panic if you see it fluctuates. Learn to go with the wave and be calm all of the time it fluxes.
The thing now is people have time to monitor their portfolio too much, that even we set goals and knew it will drop and soon to rise again. I also experience it this time of quarantine since I was able to focus a lot in trading that whenever the price goes down even I knew that the price drops is normal it seems I can't wait and wanted to change the plan, I better should find other activities to keep me busy so when the prices isn't good that day I will not mind too much.
Everyone experience it. The sudden thinking of his crypto assets to fall, we're all experiencing that as we're seeing the volatility in the market with our eyes.
We just can't avoid that feeling.

 
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August 10, 2020, 10:36:58 PM
 #75

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?
You have only low volume coins or bad research cons. Almost all top coins are doing a good pump but only a few coins' prices are stable. Out of the top 100 or 200 coins or very new coins prices are fluctuating. You noticed this drama because you are holding low volume coins. Actually I want to see which coins fluctuate in one hour between the last 2 days.

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August 10, 2020, 10:55:08 PM
 #76

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?
You have only low volume coins or bad research cons. Almost all top coins are doing a good pump but only a few coins' prices are stable. Out of the top 100 or 200 coins or very new coins prices are fluctuating. You noticed this drama because you are holding low volume coins. Actually I want to see which coins fluctuate in one hour between the last 2 days.
even the small defi coins are also doing so good right now. this time is the time for defi to show its potential and some defi has already broken a new ATH. that means if the market is really different right now. Drama is not only coming for small coins.

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August 10, 2020, 11:46:23 PM
 #77

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?

Seriously it looks good seeing the market in this way because it will keep attracting more users while encouraging others as well. Now about the fluctuations you are referring to, it is how the market is and there is nothing that can be done about it than trading it that way. If you don't want fluctuations then go for stablecoins but I must tell you they are stable in price and hence will never grow. So I don't know what you want to do, but if you want to trade then learn before you get started.

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August 11, 2020, 01:26:22 AM
 #78

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?

What is happening to altcoins at the moment cannot be termed to be a drama, rather it is the effects of the increase of altcoin dominance against bitcoin. The bull run seems to be near; and the altcoin season is also here. Instead of wondering why the price positions are not stable; i implore you take the moment to find gem altcoins, you can invest in and take profit.

Prices of crypto currency tokens will always fluctuate, be it in a bull season or in a bearish market.
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August 11, 2020, 02:11:52 AM
 #79

isn't this great? you can make a profit in a short time but it can cause losses too, have to be able to adjust the timing.
and also the defi project which is currently the most underdog or rather fomo is currently in the defi project

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August 11, 2020, 03:01:44 AM
 #80

In a market situation like now, the price of most of the altcoins is going up, but even though the price of the altcoins is
very volatile.We can take advantage of this condition by scalping, that is, when the pump price we can sell some of the
altcoins we have, the rest remains in hold in case the price continues to rise. Then if there is a price correction, we can
buy back the altcoins. Do this repeatedly, so we can collect large amounts of profit.

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