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Author Topic: What's happening with Bitcoin & altcoins?  (Read 409 times)
trauchot
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August 15, 2020, 11:47:14 AM
 #21

Bitcoin and altcoins are growing in price at the same time, as we see, and many investors who bought bitcoin last year for 5k$ and Ethereum for 70-80$ can already sell their cryptocurrencies and get excellent profit, but I think that the growth will continue and we still need to wait.
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August 15, 2020, 12:48:07 PM
 #22

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
Well we have different opinion about these happen now on why the bitcoin are in take $11000 for now and the altcoins are still drop.
But not all altcoins are drop to those only in top are moving or followed by bitcoin. And we all know it needs for bitcoin to rise up first before the altcoins be follow on it.

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August 15, 2020, 01:12:01 PM
 #23

Well we have different opinion about these happen now on why the bitcoin are in take $11000 for now and the altcoins are still drop.
But not all altcoins are drop to those only in top are moving or followed by bitcoin. And we all know it needs for bitcoin to rise up first before the altcoins be follow on it.
That is what we used to see, altcoins are usually following the movement of bitcoin and it became the basis if alts are going bullish. Anyway the market is high volatile and unpredicted so the price of coins can go up and down in a short period. Its like a roller coaster ride and though there are many predictions by analyst, still we are not certain is these are going to happen.

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August 15, 2020, 03:02:55 PM
 #24

I always think kids will follow their parents, as well as altcoins that always follow their parents which is Bitcoin,
the current increase in Bitcoin can not be separated from the whale game that always wants to get more, a little bit slowly Bitcoin will continue to increase but not every time there is a time lag to breathe and the whale gets profit, neither does altcoins..

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August 17, 2020, 01:15:36 AM
 #25

Well we have different opinion about these happen now on why the bitcoin are in take $11000 for now and the altcoins are still drop.
But not all altcoins are drop to those only in top are moving or followed by bitcoin. And we all know it needs for bitcoin to rise up first before the altcoins be follow on it.
That is what we used to see, altcoins are usually following the movement of bitcoin and it became the basis if alts are going bullish. Anyway the market is high volatile and unpredicted so the price of coins can go up and down in a short period. Its like a roller coaster ride and though there are many predictions by analyst, still we are not certain is these are going to happen.
Ride safe with the market, make strategies and execute it properly by this we can get higher returns. Bitcoin was able to reach the price of $12,000 and that's a good sigh of a healthy market, rising again from the bottom price. Altcoins are also doing good today especially the DeFi projects they made a huge pump in the past months especially Chainlink. We see the progress, we invest on the progress so those who invested last quarter during the dump prices are now happy because of their earnings, predictions are meant to guide us despite of its uncertainties so stay positive.

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August 17, 2020, 01:57:31 AM
 #26

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

I think it's just a temporary pump, but the market is getting better than ever. the market is getting excited again, there's a lot to look forward to at the moment and coupled with the DeFi hype makes the market even more colorful.

If altcoins can survive this transition period, I believe the temporary pump will become a bull trend.

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August 17, 2020, 05:03:10 AM
 #27

Well we have different opinion about these happen now on why the bitcoin are in take $11000 for now and the altcoins are still drop.
But not all altcoins are drop to those only in top are moving or followed by bitcoin. And we all know it needs for bitcoin to rise up first before the altcoins be follow on it.
That is what we used to see, altcoins are usually following the movement of bitcoin and it became the basis if alts are going bullish. Anyway the market is high volatile and unpredicted so the price of coins can go up and down in a short period. Its like a roller coaster ride and though there are many predictions by analyst, still we are not certain is these are going to happen.
Ride safe with the market, make strategies and execute it properly by this we can get higher returns. Bitcoin was able to reach the price of $12,000 and that's a good sigh of a healthy market, rising again from the bottom price. Altcoins are also doing good today especially the DeFi projects they made a huge pump in the past months especially Chainlink. We see the progress, we invest on the progress so those who invested last quarter during the dump prices are now happy because of their earnings, predictions are meant to guide us despite of its uncertainties so stay positive.
It reached that level but it failed to stay above which means the support cannot hold because then sellers managed to overcome the buyers. Try to observe the altcoins, there is only small differences where the altcoins are just trying to mirror the price of the bitcoin. The Ethereum and Xrp are also consolidating, I'm surr that if the Bitcoin managed to surpass that level where it managed to hold then for sure the altcoins will also move and will also surpass the resistances.
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August 17, 2020, 05:17:08 AM
 #28

Bitcoin and altcoins are growing in price at the same time, as we see, and many investors who bought bitcoin last year for 5k$ and Ethereum for 70-80$ can already sell their cryptocurrencies and get excellent profit, but I think that the growth will continue and we still need to wait.
Those major coins have big community and long term roadmap. There will be more and more innovations will be bringing out by them for us. We just waiting for that to happen in the future. Everything needs a process and it can't be done just in a night, a week or even a month.

Crypto has a very big vision for long term development.

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August 17, 2020, 05:40:51 AM
 #29

Bitcoin and altcoins are growing in price at the same time, as we see, and many investors who bought bitcoin last year for 5k$ and Ethereum for 70-80$ can already sell their cryptocurrencies and get excellent profit, but I think that the growth will continue and we still need to wait.
Those major coins have big community and long term roadmap. There will be more and more innovations will be bringing out by them for us. We just waiting for that to happen in the future. Everything needs a process and it can't be done just in a night, a week or even a month.

Crypto has a very big vision for long term development.

That's true! Consider this current market condition, it is profitable for people who want to sell BTC and ETH right now. However, the decision depends on each person's goal! Some people want to achieve a higher profit target, so they still wait. Personally, I think BTC and ETH will keep fluctuating around this market and gain a little bit, then, will pump strongly next year after the launch of ETH 2.0!

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August 17, 2020, 05:43:16 AM
 #30

If you have noticed over the past month Bitcoin dominance has gone down a few points. This means we are going through a mini altcoin season and it is mainly DeFi projects and oracles that are seeing the light of day and a few mainnet projects. Also 2nd layer protocols and interoperability, iot, liquidity pools are also doing well. I think this time around we are seeing a new set of coins and tokens emerging as winners and you can see the likes of CHAINLINK rise and grow huge marketcaps, which is similar to what happened in 2017. I think we are at the cusp of a bull market now for the next one or two years at least.


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August 17, 2020, 07:00:00 AM
 #31

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
I think that is normal. Pump and dump are actually part of the market. Whales are always trying to confuse investors and traders with their move. See what happened on yam and curve. Its so easy to pump a token and coin but surely you must be aware of the consequence that it can drive. Altcoins are always dependent on bitcoin but I noticed the swift changes as defi enter the market. Almost all traders are interested and playing with it.

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August 17, 2020, 07:55:27 AM
 #32

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
I think that is normal. Pump and dump are actually part of the market. Whales are always trying to confuse investors and traders with their move. See what happened on yam and curve. Its so easy to pump a token and coin but surely you must be aware of the consequence that it can drive. Altcoins are always dependent on bitcoin but I noticed the swift changes as defi enter the market. Almost all traders are interested and playing with it.
when there is a pump like you mentioned, traders should not enter because it will only make them trapped at a high price, it's better if they enter when the price collapses or when the price of the coin has not risen, so the risk of being stuck at a high price is very small when it has been stocked coins at cheap prices.

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August 17, 2020, 08:01:11 AM
 #33

I think it's possible that a new altseason is about to start within the next months. First a period of sideways movement with no big peaks up or down and then something will happen.
Regarding BTC dominance... we are now below 60% btc dominance, the last time it was this "low" was roughly a year ago or so.
So for me the first signs of a possible Alt-season are showing.
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August 17, 2020, 09:54:17 AM
 #34

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

I think it's just a temporary pump, but the market is getting better than ever. the market is getting excited again, there's a lot to look forward to at the moment and coupled with the DeFi hype makes the market even more colorful.

If altcoins can survive this transition period, I believe the temporary pump will become a bull trend.

The market is getting better and Bitcoin is already forming another good barrier, if this will continue then
expect more actions that will take place.
In regards to Alt market, project DeFi really bringing the scene to a much comfortable position, many hypes
is ongoing and investors are really taking it.
With such trends, Alt will likely to find its way to much more stronger directions, we might see more good news
not just for new projects but also to old ones that still progressives.

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August 17, 2020, 11:31:21 AM
 #35

I am one of those people who said that the time for altcoins has not come yet, but now I have changed my mind and are looking for coins that have not yet increased in price very much. there are many such projects and now you can make good money






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August 17, 2020, 11:36:35 AM
 #36

I am one of those people who said that the time for altcoins has not come yet, but now I have changed my mind and are looking for coins that have not yet increased in price very much. there are many such projects and now you can make good money

That's a good move, dude! As we can see right now, the market is increasing. The hype of ETH 2.0 is spreading over the market. People are buying mostly BTC and ETH to hold. Besides, people are believing that the hype of ETH 2.0 can create a bullish season for altcoins. That's why many people are looking for some good altcoins to invest! I believe in so, though, I'm holding only BTC and ETH because I want to be secure first!

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kynaz
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August 17, 2020, 11:36:57 AM
 #37

Bitcoin and altcoins are growing in price at the same time, as we see, and many investors who bought bitcoin last year for 5k$ and Ethereum for 70-80$ can already sell their cryptocurrencies and get excellent profit, but I think that the growth will continue and we still need to wait.
Those major coins have big community and long term roadmap. There will be more and more innovations will be bringing out by them for us. We just waiting for that to happen in the future. Everything needs a process and it can't be done just in a night, a week or even a month.

Crypto has a very big vision for long term development.

That's true! Consider this current market condition, it is profitable for people who want to sell BTC and ETH right now. However, the decision depends on each person's goal! Some people want to achieve a higher profit target, so they still wait. Personally, I think BTC and ETH will keep fluctuating around this market and gain a little bit, then, will pump strongly next year after the launch of ETH 2.0!
I am waiting for Ethereum 2.0 to hit this market as it is definitely the most prominent news in the crypto market. Before that happens, however, the Ethereum price will make a small correction as it is necessary to initiate a new bull phase. If you have great patience then you should keep holding ETH as this coin will definitely never let you down.






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Vishnu.Reang
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August 17, 2020, 11:40:57 AM
 #38

I am one of those people who said that the time for altcoins has not come yet, but now I have changed my mind and are looking for coins that have not yet increased in price very much. there are many such projects and now you can make good money

The market is looking very saturated right now. Out of the thousands of different coins and tokens out there, only a handful may make it big. So even if you invest in hundreds of different coins, there is no guarantee that you will get a positive return. Considering the risks, I would rather stick to the already established coins, such as Bitcoin, Ethereum, BCH and Litecoin.
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August 17, 2020, 12:17:10 PM
 #39

I am one of those people who said that the time for altcoins has not come yet, but now I have changed my mind and are looking for coins that have not yet increased in price very much. there are many such projects and now you can make good money

That's a good move, dude! As we can see right now, the market is increasing. The hype of ETH 2.0 is spreading over the market. People are buying mostly BTC and ETH to hold. Besides, people are believing that the hype of ETH 2.0 can create a bullish season for altcoins. That's why many people are looking for some good altcoins to invest! I believe in so, though, I'm holding only BTC and ETH because I want to be secure first!
now there is really good news for altcoins, but it seems to me that ETH has already shown itself very well and it will not show any further growth. better to find for other altcoins

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August 17, 2020, 12:32:50 PM
 #40

I am one of those people who said that the time for altcoins has not come yet, but now I have changed my mind and are looking for coins that have not yet increased in price very much. there are many such projects and now you can make good money
Considering the risks, I would rather stick to the already established coins, such as Bitcoin, Ethereum, BCH and Litecoin.
Indeed, better to buy old reputable alt coins rather than new enlisted ones because they are the one which will get benefited by the hype. They are already mature thus they can easily get influenced by the price hike of btc and other major coins. But if you really insist to go with the cheaper ones then it's up to you (you have hundreds of options to choose from). But assess your your resources and emotion first whether you can gamble and get out of the safer zone. Like the old saying, "High risk, high reward" but I'll tell you what, in this case, you will have greater chance of losing. Good luck Smiley.
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