MidNite36 (OP)
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April 11, 2022, 01:13:16 PM |
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If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?... I'm hoping this opportunity comes though what about you?
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bluebit25
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April 11, 2022, 01:41:39 PM |
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No matter what the price of those altcoins is when BTC drops to that price, when you have realized it is an opportunity for yourself, don't be too strict on the price. We always have a lot of opportunities to buy at a reasonable price. Just patiently wait for the data to stabilize and do not get caught up in the information. However, right now the price I would expect is not that deep. Perhaps $40000 is still the support, and let's go step by step until your thinking occurs.
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Coyster
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Crypto Casino and Sportsbook
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April 11, 2022, 01:49:14 PM |
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Personally i do not think Bitcoin can fall to as low as 19k, at least not at this time, and not in a long time, if ever again, after the adoption of Bitcoin by institutional investors, i doubt Bitcoin can experience the sort of sporadic plunge we saw in the past, of course i can't be certain, but from my analysis i believe so. I am not really an altcoin investor, so for me, now that the price of Bitcoin has depreciated a little bit, it is an opportunity to accumulate more, afterall it is a long term investment and since i am not concerned about its short term movements, i will buy more and hodl for the long term of which i would make profit.
Even if you buy altcoins now, how sure are you that they are going to be bullish for a sustained period of time, remember most of them are pump and dump coins, well, it all boils down to your own research which i enjoin you to do, my advice would just be that if you are a short term investor, then you can go for altcoins, but if you are a long term investor, accumulate more Bitcoin at a cheaper price and hodl.
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YellowSwap
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April 11, 2022, 01:55:11 PM |
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I'm not trying to take a side here as both are correct about a possible price dump in a month or may never happen but I am pretty sure that altcoins have better returns than Bitcoin, it's better to take advantage of any dips and not expect a bigger dip that may never happen, today's crypto adoption rate can not be compared to past years.
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cabron
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April 11, 2022, 02:02:10 PM |
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The bear market of BTC means also bear for altcoins. You are not safe either to buy altcoins this time. But you may have to wait for months to finally see whether the bear market will be over. I'm not very sure actaully where the market will go from here, it could even go up again by mid this month.
The opportunity is from the traders who had sold thier BTC for stablecoin while the price of BTC goes up. If you are holding BTC still to buy altcoin then you have lost that opportunity already.
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kidbounty
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HELENA
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April 11, 2022, 02:25:41 PM |
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If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?... I'm hoping this opportunity comes though what about you?
the opportunity never came. 19000 is a very low price for bitcoin and it will not come true. because bitcoin's biggest support point is around 30000, so it means that if the bear market becomes a reality bitcoin will not fall below this support point. You could see it was early last year where bitcoin fell and many predicted that it could trigger a bear market. but in reality the market is very strong and bitcoin is back on the rise. but despite all that, what you said was true. bear market is an opportunity to buy crypto at low prices.
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masterrex
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April 11, 2022, 02:43:22 PM |
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If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?... I'm hoping this opportunity comes though what about you?
IMO, I believe that same as bitcoin price, altcoins will also go down because most of the altcoin's price was tied up to Bitcoin price that's why when the Bitcoin price will go down altcoins will also experience the same, especially those top-ranking altcoins in the market and for me, there's nothing so special about it because it already happens many times before so it will probably happen again. Anyway, if we based on the market performance I can say that it will not happen today. because time has changed already so just wait and see.
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bitkanu
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April 11, 2022, 02:53:04 PM |
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If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost?
In my opinion that if altcoins will be going to the deep again, it can be said that altcoin will be dropping drastically for sure, you must also the 2018 chart and it was telling you a lot about that. Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?... I'm hoping this opportunity comes though what about you?
Im seeing at the bitcoin chart right now and it's probably going back down again tot he 30k sub, remember that bitmex ceo was also has been creating an awareness about this too. If you are holding stable tokens and you are fine but when others that have no stable tokens and this may become a problem for all of them caused by that if they will be loosing a lot of money.
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strunberg
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April 11, 2022, 02:56:59 PM |
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The bear market of BTC means also bear for altcoins. You are not safe either to buy altcoins this time. But you may have to wait for months to finally see whether the bear market will be over. I'm not very sure actaully where the market will go from here, it could even go up again by mid this month.
come altcoin could show its strenght to bitcoin and even some of them could hit new all time high. bitcoin price give huge impact to altcoin price, but for strong fundamental project it should not be problem.if happen selling maybe it just take profit action. The opportunity is from the traders who had sold thier BTC for stablecoin while the price of BTC goes up. If you are holding BTC still to buy altcoin then you have lost that opportunity already.
if they know how to exit market and now holding stable coin, their buying power will give good opportunity to buying at dip now. alot potential altcoin in dip now. we could buying with strict money management.
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kurniawan05
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April 11, 2022, 02:57:17 PM |
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it is very difficult for bitcoin to fall to the price of $19000, considering that now bitcoin has begun to be used as an official payment instrument for a country (for example, venezuela), but if that happens then we have entered a bear market, and maybe many of these altcoins are worth around 30% of the value now.
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GEMIN_M4
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April 11, 2022, 03:09:47 PM |
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it is very difficult for bitcoin to fall to the price of $19000, considering that now bitcoin has begun to be used as an official payment instrument for a country (for example, Venezuela), but if that happens then we have entered a bear market, and maybe many of these altcoins are worth around 30% of the value now.
If that happens then we have entered a bear market? Listen to yourself, isn't the bear market suppose to be inevitable? Who would have thought that BTC can be 3500$ in March 2020 again? I guess no one was expecting that, never be too sure because crypto isn't a stable coin, it's highly volatile.
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tabas
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April 11, 2022, 03:22:57 PM |
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If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?... I'm hoping this opportunity comes though what about you?
They'll also drop. Since you've named a lot of them then just expect that all of the market of altcoins are going to drop as well. But you should be used to it. Whenever bitcoin drops. We're going to see a recovery of it quickly and just wait until a day or two then the market is going to bounce back again just as usual.
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Altryist
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April 11, 2022, 03:34:23 PM |
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The bear market of BTC means also bear for altcoins. You are not safe either to buy altcoins this time. But you may have to wait for months to finally see whether the bear market will be over. I'm not very sure actaully where the market will go from here, it could even go up again by mid this month.
The opportunity is from the traders who had sold thier BTC for stablecoin while the price of BTC goes up. If you are holding BTC still to buy altcoin then you have lost that opportunity already.
There is no need to wait for a big drop in bitcoin, you can see that the main part of it is hold, on cold wallets. And since there are few bitcoins left in circulation, this makes it easier for speculators to manage the price, but these movements will be insignificant and bitcoin is bought out very quickly on drawdowns. In this case, buying altcoins is also profitable, because after these drawdowns, they return their positions very well. It is impossible to exclude the possibility that now there may be an overflow from bitcoin to altcoins. I think already in April we will see the beginning of the alt season.
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Pterosaur
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April 11, 2022, 03:43:22 PM |
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The bear market of BTC means also bear for altcoins. You are not safe either to buy altcoins this time. But you may have to wait for months to finally see whether the bear market will be over. I'm not very sure actaully where the market will go from here, it could even go up again by mid this month.
The opportunity is from the traders who had sold thier BTC for stablecoin while the price of BTC goes up. If you are holding BTC still to buy altcoin then you have lost that opportunity already.
There is no need to wait for a big drop in bitcoin, you can see that the main part of it is hold, on cold wallets. And since there are few bitcoins left in circulation, this makes it easier for speculators to manage the price, but these movements will be insignificant and bitcoin is bought out very quickly on drawdowns. In this case, buying altcoins is also profitable, because after these drawdowns, they return their positions very well. It is impossible to exclude the possibility that now there may be an overflow from bitcoin to altcoins. I think already in April we will see the beginning of the alt season. Its crazy to expect a new altcoin season this year after many altcoins have down 10x since 2021 to January 2020, I dont expect anymore than a severe bear market, something will come up that will hurt the crypto market as a whole.
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pawanjain
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April 11, 2022, 03:54:59 PM |
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Damn, that's a huge cut you are asking. Right now BTC is around $41k and by going down until $19k its around -53.5% drop. If the same happens to altcoins then there will be a huge blood bath in the crypto market and altcoins will bleed more. They might go as low as 60% but the chances of that happening are very slim. As per my analysis the price won't go below $40k and there's a huge support at $30k level as well.
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lobo13hf
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April 11, 2022, 03:58:32 PM |
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BTC down and whole of market will be facing the same thing. Bitcoin goes down to the 19 and whole of coins in the market will be dumped so hard and so opportunity to buy at the bottom is coming for sure but the question is whether it's possible to happen or not. Bitcoin can still stay above 40k but im not sure if this will be last long, the fact that so many whales are sending their bitcoin to the exchange site to be converted into the stable token and they will also able to buy at the dip to make good profit from the bearish market that will come very soon. Bitcoin looks very bearish at this moment. I think that this can be seen through the chart easily.
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Mpamaegbu
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April 11, 2022, 04:34:40 PM |
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If BTC fall down to 19,000$ again
It's highly unlikely that will happen. I say this because we've seen a different type of investors since last year come in to buy Bitcoin. I'm talking of institutional investors as against what was on ground in the past years. It will be a miracle for Bitcoin to get down that low. In the even that happens I'm going to load up big time in the midst of panic and fright from newbie investors. I've stayed long in this game to know that every major Bitcoin crash is an opportunity to load up. It looks like BTC will go Bear phase from now on
Well, I beg to differ on this. I only see a momentary price correction; if anything.
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Gayong88
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April 11, 2022, 05:35:44 PM |
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If look at history in April, bitcoin averaged -2%, to -6%, although it fell minus but not badly. If your prediction is that bitcoin drops to the $19,000 area, this is an early sign that alt coins will skyrocket again, but you have to be realistic and alert if you want to buy altcoins. This means that there is always an opportunity to invest in the world of this money market.
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Raflesia
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April 11, 2022, 05:44:51 PM |
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I'm not sure the bitcoin price is that low, it's just a correction and we'll see in a few days if it can hit back? Because for me the bear market will not come quickly but bitcoin can still survive. If you believe that bitcoin can crumble why are you sure to buy altcoins now, because basically if bitcoin is lower then altcoins will also follow it as we see in every big decline right? Need to wait for the right time I think the decline is bound to happen when it's a little lower before you can buy some of the top altcoins.
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lo7zmavis
Newbie
Offline
Activity: 2
Merit: 0
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April 11, 2022, 06:11:12 PM |
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If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?... I'm hoping this opportunity comes though what about you?
Downtrend coming soon
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