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Author Topic: Why I am focousing more on $ALTS than Bitcoin  (Read 847 times)
Lasky366 (OP)
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August 19, 2020, 03:05:56 AM
 #1



Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.
maxreish
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August 21, 2020, 10:36:33 AM
 #2

What altcoins do you usually trade?

Because I do both, bitcoin trading and altcoin trading, too. If you have  better results and gains in altcoin trading, then it is good for you. Though we can't deny the fact that both btc and alts trading has a risks of market manipulation.

Some also said that altcoin charts is easier to predict and read than bitcoin. Perhaps, it can be. But for me, if we have the same way of reading it with a good tools, whether it can be bitcoin or altcoins then we can do better trades.
kapalmabur
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August 21, 2020, 01:30:29 PM
 #3

Bitcoin has gone up in a few months, and the dominance of bitcoin has also gone up high,
and it's time for altcoins to show that altcoin is a worthy investment, altcoin season is coming, don't miss it.
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August 21, 2020, 03:21:40 PM
 #4

Any reason why you are focusing into "Altcoin" instance "Bitcoin" when waiting bitcoin moving on the next target.

So far I know, when bitcoin has some movement going to the next rally or down movement, the altcoin market will be going disaster and red blood market. That's why holding altcoin when bitcoin doing a rally was really not a good option. Most of us will enter on altcoin when after bitcoin reached the next target with sideways situation maybe around a few weeks or more than a month. If the market bitcoin still really sideways, that's could be make some time altcoin gained to adjustable their price because the rally of bitcoin when makes their price down.

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fauzan123
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August 21, 2020, 03:48:20 PM
 #5

many are more focused on altcoins than bitcoin the reason is because the price of bitcoin is too high and it's hard to get 100% profit, It's different from altcoins, many altcoins have the potential to increase up to many times if have good prospects
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August 21, 2020, 05:08:37 PM
 #6

Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.
The market off altcoins has been presenting significant growth over the past weeks and while bitcoin has grown as well it has lost several points when it comes to its dominance so it is clear that the current growth in the market is altcoin driven, so you are not wrong when you say that you are putting more attention to altcoins than bitcoin, just remember that the market moves in cycles and just as altcoins can outperform bitcoin there are very long cycles in which bitcoin is the one that outperforms altcoins.
bocyaj
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August 21, 2020, 05:31:38 PM
 #7



Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.


Their will be two types of traders. One will purely focus on bitcoin. The mindset of such people will like should not lose their money at any point. Because the price of bitcoin always make some little pump at all stage. Second will focus on the major and reputation altcoin. Like Ethereum, Litecoin, Ripple. Many of Ethereum holding traders had gained huge on this Eth pump.

semobo
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August 21, 2020, 07:13:53 PM
 #8

Whenever the dominance of bitcoin decreases the price of it increases which also affects the altcoin price to increases which means altcoin's market caps are increased.So there is no reason to skip one for another it is better to invest on both but bitcoin is just a single coins where as alts is combinations of thousands of tokens and coins its really hard which one to choose particularly.
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August 21, 2020, 09:59:32 PM
 #9

It has mainly been alternating between bitcoin and and altcoins. If BTC is pumping, alts suffer, but if alts are slumping, reverse will be the case of Bitcoin.So, these should be one of the parameters used is making decisions sometimes, although, not enough.
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August 21, 2020, 10:07:11 PM
 #10

Whenever the dominance of bitcoin decreases the price of it increases which also affects the altcoin price to increases which means altcoin's market caps are increased.So there is no reason to skip one for another it is better to invest on both but bitcoin is just a single coins where as alts is combinations of thousands of tokens and coins its really hard which one to choose particularly.

Investing in both, bitcoin and altcoin will give you good results if you know how to handle your trading skills. When it comes to altcoin, this will be a difficult one as there are so many alts to choose from. You need to choose wisely when it comes to alts because most of them are only short-lived so in my opinion, better stick to established alts with promising developments on the way. At least you can never go wrong that they will still be in the market even after few months of holding.
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August 21, 2020, 10:11:25 PM
 #11

This is new, I usually see a Bitcoin Technical Analysis from you, good thing you've touch altcoins already.
Well, I like altcoins as well, but I am not trading them short term, I am just a kind of hold and sell person when it comes to treating my altcoins.

But since altcoins is a big market, I'd appreciate if you could share some specific altcoins that could possibly have a bullish trend in short term.

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August 21, 2020, 10:21:00 PM
 #12

@OP maybe you can be more specific about which ALTS you mean because currently there are more than 6000 Altcoins in circulation.

focusing on Bitcoin or on Alts is equally beneficial. In essence, you must be sure of the crypto asset you choose, always sell it when it is made a profit.
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August 21, 2020, 10:50:33 PM
 #13

no, I only focus on a few altcoins that really have the best potential, not all of the altcoins I made a choice.
yes because the potential for altcoins that have the potential if they experience a pump will fly high like bitcoin, with low prices but the potential price will soar. doesn't that make people feel excited about owning altcoins

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August 21, 2020, 11:51:48 PM
 #14

If that is your preference and you're better with the altcoins market, you can stay on it and be more productive. There's just these investors and traders who are confident with their alts holding.
While us, we like to allocate more with bitcoin as we're all believing the future of bitcoin and we're more for holding than trading. Although, I have also alts to be specifically included in my portfolio.

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August 21, 2020, 11:59:14 PM
 #15

If that is your preference and you're better with the altcoins market, you can stay on it and be more productive. There's just these investors and traders who are confident with their alts holding.
While us, we like to allocate more with bitcoin as we're all believing the future of bitcoin and we're more for holding than trading. Although, I have also alts to be specifically included in my portfolio.
Already Bitcoin has proven its potential with its growth to the world. When it comes to altcoins, the success has been recorded with limited number of altcoins among the 6500+ available ones. Every cryptocurrency user should have an altcoin holding, but there needs to be a clear learning about the altcoin added to the portfolio. Altcoins provide bigger profit than bitcoin, for the same one needs to be lucky and knowledge to select the right altcoin.

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August 22, 2020, 04:51:33 AM
 #16

Put some money on altcoins can make you much worthy more than bitcoin but make investment on the right coin does make a difference. All coins follow bitcoin, if bitcoin drops to a large portion, every one of them drop. But, some cases there are lots of potential altcoins do outperform.
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August 22, 2020, 05:05:09 AM
 #17



Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.
Care to share what altcoins are you talking about here?

I have seen some of your prediction and you have predicted Bitcoin good and it happens.

i am also looking to change 2 of my coins at hold for a new one so your advice will be helpful for me.
the graphs looks good and i want to Join you in your engagement for altcoins as i know they are moving fast compared to what Bitcoin can do.

Put some money on altcoins can make you much worthy more than bitcoin but make investment on the right coin does make a difference. All coins follow bitcoin, if bitcoin drops to a large portion, every one of them drop. But, some cases there are lots of potential altcoins do outperform.
I believe that OP is already aware of those,because he is one good prediction provider and the graphs He provides are indeed reliable/
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August 22, 2020, 05:13:07 AM
 #18

Every market has its own rules and who grasp the obvious law will make a lot of money. I also prefer altcoins when BTC dominance is at its top. because every year there will be corrections, the BTC dominance corrects there will be very strong growth altcoins and that's your chance to make money. And now when the Defi trend comes, the altcoins can also give us huge profits. HAKKA is an example, x200 compared to the ICO sale price.

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August 22, 2020, 05:31:17 AM
 #19

I tend to disagree on this one,Yeah i support some altcoins but my main investments still for Bitcoin because though altcoins has a opportunity to get pumped by some whales r group of holders yet nothing can Beat Bitcoin for safeties.
and for me even how much altcoins can offer yet will remain my support for the number 1 currency.
Every market has its own rules and who grasp the obvious law will make a lot of money. I also prefer altcoins when BTC dominance is at its top. because every year there will be corrections, the BTC dominance corrects there will be very strong growth altcoins and that's your chance to make money. And now when the Defi trend comes, the altcoins can also give us huge profits. HAKKA is an example, x200 compared to the ICO sale price.
Since you have mentioned an example,may i ask if that Hakka stays growing now?or starts falling as what Pump and dump coins does?

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August 22, 2020, 06:33:35 AM
 #20

many people are more focused on altcoins than bitcoin the main factor in because the price of bitcoin is already very high of course to get a big profit
has a small possibility but if you invest in atlcoin will give you big profits in a short time if we really understand how it is altcoin
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