Post
Topic
Board Speculation (Altcoins)
Re: Altcoins prices are bleeding heavily
by
kanayaTabitha
on 10/11/2019, 06:56:16 UTC
Altcoins prices are bleeding heavily, with some of the top-20 coins showing losses of more than 34% on the day.
The most popular altcoin Ether (ETH) has dropped over $50 in the last 24 hours to a price point of $156 per coin, recording a heavy loss of 24% on the day.
https://cointelegraph.com/news/tuesday-shows-bloodbath-for-altcoins-up-to-34-losses-on-top-20-coins

do you think this down market will continues and welcome back to the bears in crypto market again ?
or this is only the preparations if the market will growing really hard and the bulls will show up in the near time ?
Since altcoins keep bleeding so bad isn't this another opportunity to keep buying more altcoins instead of worrying about the price? the best time to buy altcoin is when huge bleeds takes over

Yeah for right now investing for a long run with altcoins is not recommended since BTC price itself is still struggling to stand still. But i think right now is the best time to day trading with alts since the price is already drops too much and i'm sure taking 2-3% profits won't hard while we invest on bitcoin because bitcoin's price will be pump next year because of halving