When is the right time for Altcoins ?

[Abiaan 1209]

Hello Cryptotalkers,

If you are the regular trader then you must have known by now that most of the alt coins value has always depend on bitcoins, when the the price of bitcoin rises then the altcoin has to suffers or becomes stable and if the price of bitcoin falls off the price of alcoins often falls off. Now the question is when is the right time for Alt coins ? 

 

Here the answer for it, 

 

As you can see right now the price of bitcoin has been stable for weeks or months, its neither too hot nor too cold, longer the bitcoin goes stable its more better for the altcoin and in this current situation altcoins are just shining 

 

source : Cointelegraph

 

as you can see in the bar graph of top gainer of past week , while bitcoin is stable, we can see big changes in the altcoins values.

 

There are not any guarantees in fact as bitcoin could break down or break up tomorrow, but supported the way it's been trading as lately , we'd see some cover a healthy altseason within the short term

[BTC Future 3946]

The moment Bitcoin begins dumping all these altcoins will dump even faster. They are not stable investments and a rise in price does not mean a lot. Some fake partnership news, some rumour might cause a coin to pump crazy and the bag holders will apparently sell as there is not much to justify the price spike.

[Abiaan 1209]

14 minutes ago, BTC Future said:

The moment Bitcoin begins dumping all these altcoins will dump even faster. They are not stable investments and a rise in price does not mean a lot. Some fake partnership news, some rumour might cause a coin to pump crazy and the bag holders will apparently sell as there is not much to justify the price spike.

yeah i agree with you but still its the best for the day traders and long hodlers, its creating great opportunities  for them and generally when bitcoins rise or fall even such fake partnership and news cant playing big roles over alt coins at that moment, no matter how much its price rises it cant get over the loss that altcoins are suffering 

[Honny143 13612]

Yes bitcoin is the main point of altcoin regularly everyone notice bitcoin prices increase then rapidly altcoins prices also increase, last time 4 months back bitcoin prices hit 10000$ dollars then dash ETH litecoin prices also increase, so this altcoin individually not perform their behind any reason so invest when they rise take profit and leave this coins immediately.

[Moaz 7239]

Yes, I agree with you, that bitcoin is the one that leads the crypto market and most alternative currencies are directly affected by bitcoin because it has the largest marketing value in the crypto market. If bitcoin rises, the prices of alternative currencies rise and vice versa.

[Maaz sultan 265]

For the right time we need to have some research and knowledge about crypto trading if any new or less experienced crypto trader buy any of crypto currency and the currency goes down he lose the encouragement to trade and take a part on this trading business so my advice for all the crypto traders that keep patience when bitcoin is have a stable market you dont know when this giant and head of most crypto currencies will go down and you will give a lose , So patience is the key .

[ismailORG 1]

Fausse monnaie numérique dont les bénéfices sont élevés lorsque vous commencez à les investir et téléchargez quelque chose et quelque chose jusqu'à ce qu'ils disparaissent et perdent votre argent.

[Dannyjay99 6]

If you would ask me I would say that there is no better for the the rising of an alternative coin as the crypto market can only be annalysed and cannot be predicted.so there is no better time for an altcoins.

[Red-Jones 1150]

my advice and the following:

Investing in altcoins at this point can be dangerous if the person intends to increase bitcoin.

Example:

 

The current price of ETH in relation to bitcoin is 0.025 BTC and it has been over 1 years that the price of ETH has not exceeded 0.035 BTC so if someone buys ETH now thinking that they will make a profit on the BTC pair - ETH one can end up with losses

 

But

 

The ETH USTD pair is less than $240 which can be a good buy opportunity if the person wants to sell at $270

[gourav789 2834]

yes mate , I see that their is alot of altcoin who's price pump with good speed in market . I am also in good profit ( invest some money in xlm ) . I Think all altcoin pump with great value because bitcoin as well Etherium increase with great speed .

[BrolySSJ 7899]

You are definitely right  in saying that bitcoin is the one that leads the crypto market and it does have an impact on the price of the altcoins. However, i think there are two sides to this. If we think about it when the price of bitcoin drops, so do many altcoins, but some actually increase in value at this time. I think that this is because people may be purchasing these altcoins as a means to minimize their losses from the bitcoin fall and hence their demand starts to increase leading to price increases. This is just something i have noticed for some altcoins, although most act in the way that you have described here. 

[Guru2050 8284]

In nearest future, altcoins like ETH that's is fastest growing altcoins with extraordinary features that incompatible to BTC stand a good chance of suppressing Bitcoin.

ETH coin has not total mining volume, very low fees charges and faster than BTC in terms of making transactions.

[Teminali69 1081]

For professionals it is always the right time, they have this power over others where you see the time is not right is when they make big  moves and enrich themselves, to know the right time, you must know the markets well.

[age7397 704]

The fact is that traders just while altcoins are falling, they move their funds to bitcoin, that's how it turns out, and then vice versa

[nykas 2812]

Most altcoins for now depends on Bitcoin price so much. Some of them are really independent like Ethereum and some others, but others follow the main cryptocurrency price and so it's difficult to invest in some altcoins, due to they are influenced by many factors 

[TimopheyKa 3900]

It seems to me that this is something similar to bitcoin. If you want to get a good offer, you certainly need to follow the news and the course, which can display many aspects of actions.

[Sykkuno 2887]

This iformation is correct and some people move to altcoins very soon before bitcoin is stable and they lose the bitcoin going higher. I try too sometime but altcoins now for example are very high at price so they can easy go down and bitcoin can keep going up. There is this moment when bitcoin is stable but also how much have altcoins pump already.

[Cryptomint 433]

Just due to this no one can predict correctly about the push. If anyone will predict so he/she will predict on his/her experience. 

[bldthslr 116]

For each altcoin, its time comes in different ways. An example is a hype on DeFi, when a lot of altcoins were given from X10 to X100. Before that, there was a hype for anonymous tokens, and you could also catch good x's, for example, on Monero.

[Kerolos3434 56]

Very soon there will be coins that will be functioning admirably and would not be impacted by the falls in Bitcoin. Ethereum has attempted to be autonomous yet at the same time at whatever point Bitcoin falls then it additionally falls alongside it. Some altcoins night even vanish it Bitcoin is falling definitely.

[Captain Karim 0]

The best time to trade is the time when the value of Bitcoin stabilizes, at that time the alternative currency market is booming, everyone is profitable in this period but the truly experienced trader is the one who makes profits when everyone is in heavy losses.

[hanguyen 41]

Altcoins will be noticed when bitcoin's price is too high and altcoins are low. You can see when bitcoin was at $ 20,000, other altcoins were also massively bought.

[smil113 287]

The best time is when 3 things happen

 

1. All time high is in (even 17-18000 $ us good enough though)

2. Correction completed

3. The new rise (wave) started

 

That's the best possible set up for enourmously huge gains in alts

In 2017 we saw scenario like this

Will it be different this time? 😉

Nah

 

[Shaza Ahmad 1682]

Yes, when the price of Bitcoin is stable, the alternative currency market will be activated and achieve good gains for traders, but the dominance of bitcoin must also be monitored, because the price may be stable, but the dominance rises, and this will lead to a decline in the alternative currencies instead of rising.

[SuperCrypto 7193]

Although the indicators point to a change in the direction of the markets towards the upside, the markets for the alternative currencies are still dominated by a state of decline and decline in prices, and this may be a great time to make purchases for these currencies.