Quote from: tatum506 on July 09, 2018, 07:08:32 AM

Quote from: Nikkolodeon on February 26, 2018, 06:32:21 PM

I'm a little bit confused guys. For example The situation is you bought an altcoin for 1 btc, let's say 1btc=10,000. so you bought an altcoin and you gained a profit so your 1btc became 1.2btc and you sold iyour altcoin for 1.2btc, but the value of btc drops let's say 1btc=9,000.. that way you will lose right? but will you regain your money or profits if the value of btc comes back to 10,000 another day? and you will have the 1.2btc=12,000? is that right? thanks for your answers.

Sorry because I didn't deliver it fluently but for those who understand what I mean, can I ask your opinion? Thanks!

I think that this time is very suitable for you to buy and trade altcoin, the market is showing signs of recovery when bitcoin prices are increasing continuously and is currently adjusted at $ 6700 level. I think the bitcoin price will still be able to keep rising so you can rest assured buying and trading altcoin. Make a transaction plan that will minimize your risk.

If we are looking at the fact that some of them may have bottomed out, then, we could say it would be ok to pick them but not still without some stop loss as the case may be since the possibility and likelihood of seeing them drop very fast in the case where bitcoin starts getting dumped is there.

Till now, we have seen some little bit of move for some of them as it is now, but nothing is guaranteed yet as chances are that bitcoin is still in a downtrend anyway and only if we can see a very good bounce on bitcoin at some point, with the likelihood of moving upward in a side manner for some time, before we will be able to see something tangible with the altcoins.