Topic: Alt and meme coin are failing massively (Read 62 times)

Lets see , Id rather take my chances with my solid altcoins then Bitcoin right now.

Not possible to make great returns playing it safe with Bitcoin for the rest of this year.

Once this all blows over and the whales have loaded up at cheap prices, altcoins will bounce back.

Come on stop trying to undo yourself here, why would you be even buying more?
Instead you should be buying more Bitcoin and cutting your losses in alt and meme coin because and sure that they are still going to drop further, but with Bitcoin the case is different, just today that it drops to $91k it has recovered to $95k, and it will surely recover back fully in due time, so investment in Bitcoin is more beneficial and more logical than this bunches of alt and shit coin you are accumulating.
You are still expecting a bull run?
My only advice to you is that don't keep your hopes too up so that it wouldn't have much effect on you if things doesn't goes as planned, because I think that we are already in the bull season, just that it doesn't happen as we thought it should be.

What do you expect? Even Bitcoin is falling, so it’s only natural for altcoins to drop as well especially meme coins, which survive purely on hype. First comes market hype, then panic follows. By now, we should all be mature enough to understand how the market works: it has always been dictated by Bitcoin.

When people start panic-selling their Bitcoin, they’ll sell their altcoins even faster. History will repeat itself, and it would be foolish not to learn from it. If I had invested in meme coins, I’d be watching them closely to exit at the right time, especially in times like this.

Some persons that are investing into altcoins (big or small investors) already knows the risk and they probably invest during those hype  period and sell off the moment they start seeing a significant profit. Experienced crypto enthusiast should know that the price of altcoins normal dumps if the price of Bitcoin plunges.

So, despite the dump in price, people will still invest in altcoins because the high volatility gives them quick profit but the disadvantage is also a huge lose, therefore a smart investors will only risk what they can afford to lose if reverse is the case.
 

No panic from me just yet.

I didn’t expect alts to fall this low again but they have and I have taken advantage of some of mine that have fallen around 25% and bought more.

I still think we will have a bull run this year, but part of me now thinks it may not be as good as previous years.

It's normal for those of us who have been in this field for a long time for such events in the market. You know that when the price of bitcoin rises,
the top listed altcoins often follow the rally of bitcoin.

And when there is a dump in the price, most of the altcoins that are also in the top listed in the market are also pulled down in which is when it happens, it's a good chance to accumulate these top altcoins again while the price is low.

The main reason to invest in these coins/tokens is that they act as a big pump and therefore it is a good opportunity to boost liquidity (to buy more bitcoins) in a short time if you sell at the right time.
The problem for beginners is that they are considered a long-term investment and we all know that the long-term trend of these coins is down.
However, the probability of benefiting from one-time-pump is very low.

Altcoin and meme coin is expected to fall because the bitcoin price is falling,but not far from today it will rise back, i never believe that bitcoin will turn into 20k$ this year,so i am still holding my alts and meme coin till it reach the limit that i set, the current dropping of the price is just a normal situation so just relax and wait for the bull.

There is no surprise at all, since meanwhile btc dominance get more strong .
If you have seen the past cycles this has been always a Classic pattern. Now I would not surprised if some alt can reach higher level or their ath meanwhile others Just reach zero or becoming negligible...
I would completely not considering memecoins. They have a zero value and infinte production. Just a basic waste of time.

Those are what we call shills, they do that obviously because they have stakes on those meme coins.


Low as $91k, but we have bounce back already to $95k so that is a big increased already. But I do agree with thoughts that Bitcoin will recover and we will bounce back to 6 digits again. While meme coins will still continue to go down and very volatile.


It's obvious that someone really manipulated the price and that entities makes millions while there are a lot who jump on the bandwagon but lost a lot of money because they think it's just that easy to profit in that kind of market. So the safe bet is to really just go with Bitcoin.

It has been said for a long time that when Bitcoin increases, all altcoin markets will continue to increase slightly. But whenever Bitcoin is dumped by 2% to 3% percent, all altcoins will immediately enter the bottom of the sea, but Bitcoin correctly moves back to the highest market but later altcoins start to decline.
Never invest in altcoins based on market sentiment at the beginning, whoever invests in altcoins will immediately lose money, this is the real reason why you should stay away from altcoins.

This is how this market behaves on which that Bitcoin would really be the main trend setter on which if it would be having that Bitcoin bullish market then you can expect that everything will be turning out to be green and same goes when it do make out some correction or making up some retracement on which you can be able to see the entire market will be having on the same movement and with meme coins and with those low cap altcoins then there are ones who do able to make out some recovery but majority of them would really be that kissing on the floor. If you are that fond of investing with altcoins or meme coins then you should really be that knowing on whats the risks involved with it when dealing up with these things.

The main reason on why they are really that loving on dealing up with these things because the potential that they can make huge money or could potentially be able to get rich and this what makes them that getting inspired on making up investment with it on which i could say that this is really that indeed true. There are really those opportunity but we do know the chance or odds are really that slim but surprisingly there are tons who are really that interested on dealing up because of that reason but of course the loses incur is really that huge.

Where are those people that that are advocating for alt and meme coin, because they are failing massively in the market as of today.

Most of these guys that keeps on hyping all this coin don't know that alt and meme coin will always behaves as one, while Bitcoin will always behaves as Bitcoin, look at what is going on in the market today, Bitcoin has fell to $93k which is almost by 10%, but as for almost all alt and meme coin, they have fell even more, look at dogwif, pepe, popcat etc, this is just a few I can mention, but one thing am quite certain of is that when Bitcoin start recovering and start rallying back, not all this alt and meme coin will recover as Bitcoin, so the earlier people stop taking stupid risk on this alt and shit coin the better.

Then lastly, where are those guys that invested heavily in trump's coin? How is the market treating you guys, when the market start showing green, that's when we are all  going to know the major difference between Bitcoin and all this alt and shit coin.