Altcoins Talks - Cryptocurrency Forum
Further Discussions => General Discussion => Topic started by: TOYMAN on January 09, 2024, 07:04:58 PM
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The altcoin has been continuously down for the last few days. :'(
What is the reason for this?
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Which altcoin is down? Try to be more informative when you open a topic. ???
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Can be due to maintenance or maybe your connection was week to server. Because whenever I tried, It was running smoothly every time.
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The altcoin has been continuously down for the last few days. :'(
What is the reason for this?
It is normal for any coin to fluctuate in price, op you remember when Altcoin prices are low to attract investors to buy. And wait from the immediate time, and after some time when the market of Altcoin starts to rise, realize that it should be sold. Coin price ups and downs provide opportunities for investors.
You will understand, then if you join to trade with Altcoin.
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Which altcoin is down? Try to be more informative when you open a topic. ???
Yes, but if you look at the majority of them, maybe the OP see that they are down like -80% still from their all time high. And it's understandable, every altcoin is based on bitcoin and bitcoin hasn't move that much after the ETF approval.
And on the other hand, if your favorite altcoin is down, then it's good to invest on them as they are cheap and then just hold on it till the next bull run, a simply formula to make more money in altcoin market. Just solid altcoin though, not meme or those pump and dump shitcoins.
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The altcoin has been continuously down for the last few days. :'(
What is the reason for this?
OP, if you understand the crypto market volatility, you will get to find out that, there is always an uptrend and downtrend movement of price. There will be time for the price of an altcoin to be an increase or decrease side, they will all depend on bitcoin for that. If Bitcoin increases, they do but a bit. If it decreases, they all fall drastically
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Altcoin market is variable and fluctuating, we need to make pump/dump coins out of predications. Then market performed well over the past week, considering that investments began to move towards some altcoins, as the price of Bitcoin reached its highest level in the current months, and liquidity moved to altcoin market. During the past week, the value of Ethereum rose against the dollar and Bitcoin.
If the value of your currency has declined and continues to decline, you should consider investing in another token/coin.