- Nov 22, 2019
- 6,793
- 1,627
But the coins with rank 100-200 move like 25 % or up sometimes in 24 hours. None of the top 10 coins move by that margin for last 30 days I think. Are we going to see huge changes in ranking in future ?
Top 10 coins are not moving up now
- Thread starter onlinemarketer12
- Start date
tigertigertiger
Power Member
- Nov 23, 2016
- 614
- 840
No. The coins you see also lose 30% a day when btc is losing 5%.
- Nov 22, 2019
- 6,793
- 1,627
Yes, but by investing in right time, one can also gain 20-30% in coins with rank 100-200.
- Nov 22, 2019
- 6,793
- 1,627
In that case, not good for quick growth, Right ?
- Jun 16, 2020
- 2,079
- 1,596
It's hard to find good projects down there.
The whole crypto space is risky and volatile compared to other investments. Picking a lower tier of an already crazy market is straight up gambling.
SEOPartner
Regular Member
- Mar 14, 2021
- 221
- 190
It's easy to move 25% with a low marketcap.
- May 18, 2012
- 6,562
- 6,495
And one can lose all of their money if investing at the wrong time.
- Aug 16, 2014
- 1,243
- 679
Hex is a top 10 coin and it's moved quite a bit
- Nov 22, 2019
- 6,793
- 1,627
Question is about all top 10 coins.
HunterLife
Banned for rules violation.
- Feb 27, 2021
- 1,189
- 671
We you talking about alts then You must Know that Alts cant grow without Bitcoin & Bitcoin is the Boss of among all 2400+ Crypto Coins. Believe it or not
- Mar 21, 2013
- 24,060
- 30,686
Because a move from 200 to 100 means a few hundred thousand dollars.
A move from 5 to 1 is 630 billion dollars.
Nihilism
Senior Member
- Dec 19, 2015
- 894
- 1,007
1. zoom out
2. things aren't supposed to go up 100% of the time, it's healthy for EVERYONE to have some flat/correction/pullbacks, not our fault you buy the top.
3. the main coins (btc, eth, and coins with good projects, not trashcoins like doge, safemoon, shibe) have been bouncing on a steady support line since January, if you discount the massive areas of WSB/Elon volatility, you can see that cryptos have been pretty actually steady for about 8 months now, again, if you ignore the few months crypto was mooning because of increased volatility from elon, wsb, institutional buyers who were and STILL ARE holding the main coins.
If you wanna go trade things that go up and down by 100% per day, go risk your money on trash coins with no use case, you're probably the kind of person who believes in 100%+ compounding interest, and I can guarantee that 95% of people who choose dead end/pump and dump projects that instead of buying and holding solid projects will 100% miss out on holding on to some of the most world changing technologies every created in our time.
If you're one of the people who bought at 60k and you're now salty and always bearish about cryptocurrency, you can't really whine about how the market is flat. That's how it should be, because when it's not, and it moons all day, every day, the big drops begin to happen, prices are too inflated, just like what happened with BTC earlier this year.
Smart people who bought at or near the top would average down at this point, and stay holding, if you're able to hold yourself a few years out, your returns will be good, if you wanna take short sighted trades and complain of stability and consolidation, you're not fit to trade.
I'm glad an event like this wiped out so many useless traders who are in the market for a quick buck, people like that causes volatility which causes these wild swings people often cry about, vs the buy and holders who are really keeping these projects relevant for almost a decade now and holding crypto at support. The original people who invested in crypto have waited years, almost a decade for results, and even back then, I remember, there were people like you, that no matter how good the market is, you still complain for more. It's kinda like, the epitome of a bad trader, or max greed in fear/greed.
Finally, BTC is breaking out of a wedge, I'm not a 100% all and be all TA person, but from what I see, overall crypto has been stable, and this last few days has been pretty bullish in terms of sentiment toward crypto in general, if you're too impatient, then just stop trading and start playing the lottery or in an online casino. I personally don't think BTC will hit $60k tomorrow, next week, next month, and I don't care. If it goes up, good, if not, I might buy more if it breaks this support. In 3-5 years, or 5-10 years, I think more likely than not, this technology will become more applicable, and the price of cryptocurrency like BTC will be levels away from where it is now.
Be patient bro.
2. things aren't supposed to go up 100% of the time, it's healthy for EVERYONE to have some flat/correction/pullbacks, not our fault you buy the top.
3. the main coins (btc, eth, and coins with good projects, not trashcoins like doge, safemoon, shibe) have been bouncing on a steady support line since January, if you discount the massive areas of WSB/Elon volatility, you can see that cryptos have been pretty actually steady for about 8 months now, again, if you ignore the few months crypto was mooning because of increased volatility from elon, wsb, institutional buyers who were and STILL ARE holding the main coins.
If you wanna go trade things that go up and down by 100% per day, go risk your money on trash coins with no use case, you're probably the kind of person who believes in 100%+ compounding interest, and I can guarantee that 95% of people who choose dead end/pump and dump projects that instead of buying and holding solid projects will 100% miss out on holding on to some of the most world changing technologies every created in our time.
If you're one of the people who bought at 60k and you're now salty and always bearish about cryptocurrency, you can't really whine about how the market is flat. That's how it should be, because when it's not, and it moons all day, every day, the big drops begin to happen, prices are too inflated, just like what happened with BTC earlier this year.
Smart people who bought at or near the top would average down at this point, and stay holding, if you're able to hold yourself a few years out, your returns will be good, if you wanna take short sighted trades and complain of stability and consolidation, you're not fit to trade.
I'm glad an event like this wiped out so many useless traders who are in the market for a quick buck, people like that causes volatility which causes these wild swings people often cry about, vs the buy and holders who are really keeping these projects relevant for almost a decade now and holding crypto at support. The original people who invested in crypto have waited years, almost a decade for results, and even back then, I remember, there were people like you, that no matter how good the market is, you still complain for more. It's kinda like, the epitome of a bad trader, or max greed in fear/greed.
Finally, BTC is breaking out of a wedge, I'm not a 100% all and be all TA person, but from what I see, overall crypto has been stable, and this last few days has been pretty bullish in terms of sentiment toward crypto in general, if you're too impatient, then just stop trading and start playing the lottery or in an online casino. I personally don't think BTC will hit $60k tomorrow, next week, next month, and I don't care. If it goes up, good, if not, I might buy more if it breaks this support. In 3-5 years, or 5-10 years, I think more likely than not, this technology will become more applicable, and the price of cryptocurrency like BTC will be levels away from where it is now.
Be patient bro.
bestspinner
Power Member
- Apr 23, 2019
- 518
- 306
high market cap with high potential profit
akki1212
Junior Member
- Oct 19, 2020
- 126
- 50
Probably not good for quick growth, but you gotta keep in mind that crypto isn't a get rich quick scheme. As long as you do your research and buy coins that genuinely have value, you're good.
Also, as others have pointed out, the coins that increase by 20%-40% when bitcoin is up by 5 are also down that much when bitcoin is down. Maybe divide your portfolio between high and low market cap cryptos that have values.
- Nov 22, 2019
- 6,793
- 1,627
This can help lot of us.high market cap with high potential profit
Bots-Scrapers
Elite Member
- Jan 2, 2014
- 4,042
- 1,076
Whatever prediction you guys are doing - environment + manipulation + time of the year matters now.
Bull run will never stop.
Bull run will never stop.