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SlimShadyMmp
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December 22, 2021, 11:28:31 PM
 #81

Altcoins especially news ones when btc takes a hit will tank like crazy and it will be very easy to see something like -90% and you will have to factor things like since its a new coin then it will likely have unlocks for private investors and some do have public investors vesting too. Anytime that happen price might tank alot especially if there is no use case at that moment since its basically a new coin

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December 22, 2021, 11:30:19 PM
 #82

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

As far as performance history is concerned, when BTCitcoin is quite dipping, the majority of altcoins also follows. That's how powerful the impact of BTC price movement is on the crypto market. When BTC is now on the rise, some altcoins also follow "BUT" it doesn't mean the majority will.

There's no specific explanation about that so I will say that check the performance history when BTC is either on a bullish or bearish trend.

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December 22, 2021, 11:54:30 PM
 #83

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

Apperently, everyone is down, we are all waiting for bitcoin to stabilize so that Altcoins can do some magic as it used to, take a look at Fantom FTM that drop drastically despite everyone calling it a rare gem, the sold off by many investors was massive and we have all come back to accumulation stage.
You should also remember that Altcoins always tend to outperform bitcoin in term of gains and when it tend to fall, they do the opposite die to the volatility of their nature, they will all bounce back by the way.
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December 22, 2021, 11:58:39 PM
 #84

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

Well you better be ready for more backward crash for altcoins. It is known to many crypto users that during holiday seasons is a nightmare for all. It was called the red market back then as most coins are down. If the coins you've held survive then it has a good future as the devs are holding out the dump.
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December 23, 2021, 03:13:09 AM
 #85

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.
if i may know, what coin are you holding, all the coins are currently experiencing price drops and it's normal when the bitcoin price drops i buy more altcoins, i do that for long term profit, list of coins that are on the 1000 list cmc is still my current portfolio, because I believe the price of altcoins will definitely go up due to some hype that is currently trending like metaverse and web 3.0

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December 23, 2021, 03:55:32 AM
 #86

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.
There are 2 things that are happening to the altcoin market everyday or every other day at least.
1. When Bitcoin is down, most of the altcoins follow causing the whole market to crash.
2. There are some instances where the market is down because Bitcoin is down but some altcoins are still going upwards for some reasons. Maybe a huge development happened or most of this are just good news or fundamentals.

Since Bitcoin is down for weeks already, altcoins follow the trend and they are also down though we can also see some altcoins going up for some reasons. Why are you asking this at first place? You don't hold any Bitcoin aren't you? or you just don't know how the market moves?

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December 23, 2021, 05:35:32 AM
 #87

Well you better be ready for more backward crash for altcoins. It is known to many crypto users that during holiday seasons is a nightmare for all. It was called the red market back then as most coins are down. If the coins you've held survive then it has a good future as the devs are holding out the dump.
The coins that have been ranked the best will always last forever and I am still very sure of that even though during the holidays there will be many people who throw them away for the purpose of having fun in vacation spots that may not be as usual.

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December 23, 2021, 09:22:30 AM
 #88

Take it or leave it whenever there is a price crash altcoins portfolio suffer the most as It percentage always move in a multiple percent due to the large total supply and low market cap. So also when the market increases altcoins are the first to do multiple xs.
Not that altcoin will be the ones to multiply first, even altcoins are following bitcoin price movement, if bitcoin increase, altcoins will follow, if bitcoin decrease, altcoins will also follow. Just that the rate altcoins will increase will be higher but the rate it will decrease will also be higher. But there can be exceptions, there are over 10000 altcoins in the world, many coins are shitcoins and many are dead coins, many will increase but will not increase up to the percentage bitcoin increase while the fall can be more.

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December 23, 2021, 09:50:45 AM
 #89

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

If you can hold them, they are also powerful if you can hold them. If you can't hold them, you can't win. You know, my portfolio is now nearly 70% in a downtrend, but I know it has potential and can change everything if the market begins to rise again.But remember, you have to have good altcoins and you have to have confidence in your holding project. We have been in this market since 2017 and I saw the 2018 down, and from that down, I saw the 2020 uptrend, so I know how powerful crypto is. We just have to stay with full confidence. Otherwise, we won't be able to accomplish anything. it. I hope you understand, brother.
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December 23, 2021, 10:04:05 AM
 #90

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

This is the risk we invest in cryptocurrencies, when the market goes down it results in the value of money going down, maybe the best way is to switch to stable coins so that the asset value doesn't change, but I'm optimistic the market will recover soon so we can get big profits again.

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December 23, 2021, 05:10:12 PM
 #91

I didn't understand your question but I am thinking that you want to ask in which coin you get a big loss. and my answer is ENJ I bought ENJ in 4$ per ENJ now it is the price is 2$ per token Cry

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December 23, 2021, 05:48:02 PM
 #92

I didn't understand your question but I am thinking that you want to ask in which coin you get a big loss. and my answer is ENJ I bought ENJ in 4$ per ENJ now it is the price is 2$ per token Cry
I think that we should focus only on those projects that will be in sufficient demand in society and then cryptocurrency assets will not deplete the investment portfolio. I hope most of all for new defi, like Junca Cash, which has already proven itself quite well today.

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December 24, 2021, 07:10:17 AM
 #93

This is a risk that we certainly don't like, many altcoins are going down because the market conditions are still red, but I'm always optimistic that the market will recover soon and our assets will rise again soon, the most important key is to always be patient to hold and not panic.
Where did you see this or heard the information that the market is going down. Check the price of bitcoin and altcoins, there was a big fall like on 4th or 7th of December or so, after the fall, the market has been bullish again. Bitcoin that got to $40800 is now over $50000. If not that significant, but the market has been bullish recently. Bitcoin price even reached $51000 some hours ago.

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December 24, 2021, 07:54:11 AM
 #94

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.
that's what it is mate wherein up and down. A
So obviously if the market is down all alternative is affected as well. and that's why the word HOLD is more important than anything.. If i were you mate educate your self more. because it's not safe holding such assets if you don't know how it really works. Indeed all the information is now already existing around the internet so must invest time for it.
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December 24, 2021, 04:19:37 PM
 #95

This is a risk that we certainly don't like, many altcoins are going down because the market conditions are still red, but I'm always optimistic that the market will recover soon and our assets will rise again soon, the most important key is to always be patient to hold and not panic.
if you look at it now it's actually greener than that and they have made a pretty good move from the correction a few weeks ago.
just seeing the red price for a moment is normal because the increase must have a correction and it is a natural thing for their jump.
On the other hand, there is now a positive trend there because the price is slowly increasing I think

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December 24, 2021, 05:47:53 PM
 #96

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

This is the risk we invest in cryptocurrencies, when the market goes down it results in the value of money going down, maybe the best way is to switch to stable coins so that the asset value doesn't change, but I'm optimistic the market will recover soon so we can get big profits again.

Cryptocurrencies are a type of high-risk investment, there are good tips from experts, namely invest the amount that we can think is lost, don't invest in money with a definite goal of profit so that when you see a different reality, you panic and sell at a loss.

if you say that investing in crypto has a high risk I think it's true, but if you say that investing is not for the purpose of making profit I think that is something you are wrong to say, because most people invest only with the aim of making a profit. that's why I invest in crypto or in stablecoins with the aim of making a profit in the future

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December 24, 2021, 07:59:02 PM
 #97

This is a risk that we certainly don't like, many altcoins are going down because the market conditions are still red, but I'm always optimistic that the market will recover soon and our assets will rise again soon, the most important key is to always be patient to hold and not panic.
if you look at it now it's actually greener than that and they have made a pretty good move from the correction a few weeks ago.
just seeing the red price for a moment is normal because the increase must have a correction and it is a natural thing for their jump.
On the other hand, there is now a positive trend there because the price is slowly increasing I think
Indeed, market conditions in crypto, there is a time for correction and pumping that continues to occur, positive trends will reappear for the future and will slowly recover to normal conditions, this is a normal thing caused by the market, at least we can take advantage of correction conditions to buy some of the coins we want and at the time of pumping we can sell to get the maximum profit, we must be able to see and analyze this opportunity carefully, so that the investment we make can provide maximum profit benefits.

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December 24, 2021, 11:10:57 PM
 #98

Indeed, market conditions in crypto, there is a time for correction and pumping that continues to occur, positive trends will reappear for the future and will slowly recover to normal conditions, this is a normal thing caused by the market, at least we can take advantage of correction conditions to buy some of the coins we want and at the time of pumping we can sell to get the maximum profit, we must be able to see and analyze this opportunity carefully, so that the investment we make can provide maximum profit benefits.
It does sound easier, buying during a correction like now and selling it when it is pumping. But such a theory will not apply to those who have entered in too high a price due to FOMO as well as those who sold it at a crash price when they panicked. The most important influence for such conditions is psychological power. Psychological management must really be done. Analysis or strategy will fall apart if psychology cannot be controlled.

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December 24, 2021, 11:57:09 PM
 #99

This is a risk that we certainly don't like, many altcoins are going down because the market conditions are still red, but I'm always optimistic that the market will recover soon and our assets will rise again soon, the most important key is to always be patient to hold and not panic.
Where did you see this or heard the information that the market is going down. Check the price of bitcoin and altcoins, there was a big fall like on 4th or 7th of December or so, after the fall, the market has been bullish again. Bitcoin that got to $40800 is now over $50000. If not that significant, but the market has been bullish recently. Bitcoin price even reached $51000 some hours ago.
That he probably just check a week before as market correction come but for now, we eventually recovered and started to roll back high again. If we keep this momentum, it is probably early next year we are able to be in full recovery. Well, it hopes so...

Well, to see a huge dump on our portfolio doesn't surprise us when the market price were about to drop. I guess you just hold and to see it rises again OP. Of course, keep yourself updated and never miss it as this could help you, otherwise.

R


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December 25, 2021, 02:40:50 AM
 #100

Just keep in mind that market is volatile. It is really unpredictable and there's no accurate way to predict the what could be the price in the future sometimes even you think you are 100% accurate with your analysis that will not be outcome or result of the market. Just to give you some idea of usual market, if BTC pumps altcoin crash since the funds go to Bitcoin and when the Bitcoin crash the altcoins will pump since people moved to altcoins.

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