Post
Topic
Board Speculation (Altcoins)
Re: Altcoins is going down for real.
by
henkcryptotank
on 26/06/2017, 11:40:36 UTC
Why is it in the past 24 hrs almost all of the altcoins is going down atleast 10 percent in value even though bitcoin's price is steady at $2.5k. Is it contrary or something is really happening. Any thoughts?

just like last time (not so long ago) we are having a dip and all alts will be in red, nothing new and it will happen a lot more, get used to it, this is the perfect time to make money

I remember the last time we are having a dip is just a month ago, on 26th May. The price of ETH dumped to $150 and almost every altcoin went dowm at least 50% percent. I do not know the exact reason and I guess the reason may be from the ETH.

Most of new people that came in june, came in crypto through eth. What happens when eth tanks? ( which happens every month or so) All the noobs panic and jump ship. The bigger crypto gets, the bigger these kind of swings get. I have 0 worries though, that come wednesday everything normalized again. Maybe even sooner.

Greets Hank