Altcoins dead? - page 17. | Bitcointalksearch.org

koang

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Quote from: posi on March 11, 2023, 03:12:27 AM

You are right, now is not the right time to invest in altcoins because we don't know if bitcoin will continue to fall or not. Today, the collapse of the silicon valley bank is a red flag for the world economy, so the possibility of bitcoin being dumped is very likely. Once BTC is dumped, altcoins will be much worse, even many of them will disappear from the market map. My plan is to stand outside and observe the altcoin market, keeping my eyes only on bitcoin.

Yep. The price of Bitcoin has dropped significantly. The issues are Silvergate and Silicon Valley Bank.
But a few hours before the sharp price drop, 40k BTC from the wallet linked to the US Government seizure was moved,
and around 9,861 BTC had been sent to Coinbase that which caused extra selling pressure.

Although it took weeks to recover. Today is the time to start DCA. IMO

posi

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Quote from: Raflesia on March 10, 2023, 06:16:20 PM

Quote from: posi on March 10, 2023, 05:51:42 AM

Quote from: Raflesia on March 09, 2023, 11:20:58 AM

We have to look first at what we are buying because in this case not everything will go well so we need some consideration and think further about buying this because it is quite simple to actually buy altcoins and hold but on the other hand this is actually a big risk.
They have to look at the bounce of bitcoin and things like this are obviously a bit more complicated when bitcoin is like it is now, so it's better to think from now on whether this is actually a good thing or not.

Except for ETH, buying other altcoins at this stage is actually quite risky. I also like to invest in altcoins because their returns are better than bitcoin, but we need to consider choosing the right time. The market has not improved yet, bitcoin has also been dumped below $20k today, so accumulating altcoins from now on is very risky. We should focus more on bitcoin and only accumulate ETH during this period, as it is the most reliable altcoin in the market.

ETH does have much better conditions compared to other altcoins and being there can still be quite good but given the current conditions I think being there is still a high risk, and it's better to wait a little longer because as we know bitcoin still can't be said fully stable and on the rise, so it's better to wait a little longer if you really want to be there although my advice is still for bitcoin but when you want to be in altcoins like ETH I think this can still be done.

You are right, now is not the right time to invest in altcoins because we don't know if bitcoin will continue to fall or not. Today, the collapse of the silicon valley bank is a red flag for the world economy, so the possibility of bitcoin being dumped is very likely. Once BTC is dumped, altcoins will be much worse, even many of them will disappear from the market map. My plan is to stand outside and observe the altcoin market, keeping my eyes only on bitcoin.

d3nz

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Quote from: ardydyon on March 10, 2023, 09:16:44 PM

It's true that we don't predict the future of crypto. very significant price bullish and bearish make people afraid to invest in crypto.
but if you look at alt coin projects like eth cardano tron xrp it has a good concept and it is possible to rise in the future if the project they are developing can run smoothly. I hope the pope doesn't play the price of the crypto

I know that only true believers of cryptocurrency survive the flow of the market and the weak ones are the ones that leave and quitting on investing or trading. I guess that if they lose a lot then they are the one who has already left.

Altcoins are just going with the flow of the BTC value, I would say that taking advantage while the market is in a dip is really a good tactic. Investing in altcoins is risky but really worth it in the future once the value pumps up.

ardydyon

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It's true that we don't predict the future of crypto. very significant price bullish and bearish make people afraid to invest in crypto.
but if you look at alt coin projects like eth cardano tron xrp it has a good concept and it is possible to rise in the future if the project they are developing can run smoothly. I hope the pope doesn't play the price of the crypto

carlisle1

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Quote from: Odusko on March 10, 2023, 06:54:15 PM

At the end of every crypto winter we always have some coins that will not recover from the impact of the market meltdown and being unable to recover means they're forced to close down and become dead.

Project that doesn't have real usages will surely die along the way, support will leave them and will find new project to invest,
very normal in this market.

Quote

While some fake projects are waiting for such opportunities to pull an exit scam on investors, so genuine projects can also be caught in that web too, most time some good projects couldn't stand the demand to recover after a heavy market crash, but we still have some other altcoins who have managed to recover each time the price crashed alongside others.

Fake projects will do some dive trying to bring attention before it will completely dump itself and be forgotten.

Needs a lot of time in researching and studying before you should invest your money to avoid losing your hard-earned investment.

Odusko

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At the end of every crypto winter we always have some coins that will not recover from the impact of the market meltdown and being unable to recover means they're forced to close down and become dead.
While some fake projects are waiting for such opportunities to pull an exit scam on investors, so genuine projects can also be caught in that web too, most time some good projects couldn't stand the demand to recover after a heavy market crash, but we still have some other altcoins who have managed to recover each time the price crashed alongside others.

Raflesia

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Quote from: posi on March 10, 2023, 05:51:42 AM

Quote from: Raflesia on March 09, 2023, 11:20:58 AM

We have to look first at what we are buying because in this case not everything will go well so we need some consideration and think further about buying this because it is quite simple to actually buy altcoins and hold but on the other hand this is actually a big risk.
They have to look at the bounce of bitcoin and things like this are obviously a bit more complicated when bitcoin is like it is now, so it's better to think from now on whether this is actually a good thing or not.

Except for ETH, buying other altcoins at this stage is actually quite risky. I also like to invest in altcoins because their returns are better than bitcoin, but we need to consider choosing the right time. The market has not improved yet, bitcoin has also been dumped below $20k today, so accumulating altcoins from now on is very risky. We should focus more on bitcoin and only accumulate ETH during this period, as it is the most reliable altcoin in the market.

ETH does have much better conditions compared to other altcoins and being there can still be quite good but given the current conditions I think being there is still a high risk, and it's better to wait a little longer because as we know bitcoin still can't be said fully stable and on the rise, so it's better to wait a little longer if you really want to be there although my advice is still for bitcoin but when you want to be in altcoins like ETH I think this can still be done.

Hallroom

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At present you notice that as the Bitcoin market declines, all the coins that were unique have prices moving lower. And the highest trading volume is in Bitcoin whose investors and by any measure Bitcoin is the best and the king of all coins. So only when Bitcoin price goes down, all coins go down. And when the price of bitcoin increases, the signal on all coins turns green.

TheGreatPython

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Quote from: LastKiss on March 08, 2023, 01:55:31 AM

Quote from: estheblessed on June 22, 2022, 11:43:15 AM

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?

Maybe some coins are already dead because they can't survive the bearish and some other coins can't keep up with the trend in the crypto space so they end up abandoned by their community. Right now a lot of coins updating their roadmap and their services to the trend. We will see a lot of projects already supporting NFT, Metaverse and Web3 because they don't want to be left behind.

There must be a reason on why they can't survive the bearish trend. It can be lack of community support or they are simply built for scamming. Other than bear and bull trends, we also have different trends here in crypto. The latest one would be the AIs. Even if many old coins can't relate with it, they can still grow on their own. they have solid supporters who won't leave them on the air.

Some of their supporters might be tempted to try the newer trends/coins but they will only invest a little amount on those. Those who update their roadmaps are not confident with what they currently offer. They feel that not many people are attracted with them, so they do their best to improve. That was still a good initiative.

Oneandpure

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Seems tragic with altcoin current price right now after Bitcoin dropped under $20,000, exactly unbelieving how altcoin dropped more than 50% when Bitcoin have lower price under 10%. Have been dilemma when Bitcoin drop few percent only potential with altcoin will drop twice than bitcoin or ability above 40% until 50%.

But difference when Bitcoin raising up above 5% or 10% but altcoin can't reach more than 10% and stuck up few percent only before have stable price. Still loyal waiting when altcoin make new all time high and need more patience for waiting when Bitcoin back above $30,000 for giving opportunities with altcoin up.

Fesatmas

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Quote from: LastKiss on March 08, 2023, 01:55:31 AM

Quote from: estheblessed on June 22, 2022, 11:43:15 AM

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?

Maybe some coins are already dead because they can't survive the bearish and some other coins can't keep up with the trend in the crypto space so they end up abandoned by their community. Right now a lot of coins updating their roadmap and their services to the trend. We will see a lot of projects already supporting NFT, Metaverse and Web3 because they don't want to be left behind.

Yes some coins die in the current bitcoin cycle because the events are so scary like FTT, yes the development roadmap must be dynamic with the trend because usually investors always look at the trends that exist in the market like metaverse, web3 and NFT as you say it will make developers have multiple ecosystems of their coins and added services so utility on tokens people need them more and more. as now it's interesting to see that one of those categories is Polygon and ETH, and the others mentioned by OP also have a large enough community and ecosystem so the risk of death is very small.

solehdavid

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altcoins have their place and use in the market. Of course, the cryptocurrency market is highly volatile and some altcoins may fall in value or even be withdrawn from the market. However, this doesn't mean that all altcoins are dead. Some altcoins will continue to grow in popularity and use.

borovichok

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Quote from: ?? on ??

While some coins may experience a decline in value in the short term, it is possible that they may recover and continue to grow in the long term, depending on various factors such as their underlying technology, adoption rates, and overall market conditions.

It is important to remember that investing in cryptocurrencies carries significant risks and that individuals should carefully consider their investment goals and risk tolerance before investing. It is also advisable to seek professional financial advice before making any investment decisions.

Scalpers and investors likely benefit from both short- and long-term trading. While solid initiatives required patience from investors because it can take a long time before they are certain to hit the bull target, perfect timing demanded strong market entrance. Altcoins have a set period during which they're hit with the long green candles, therefore risks need to be controlled so that trading accounts don't get liquidated. I predicted that the bear season, which has a long history in the market, is still ongoing and that it will hit altcoins hard this time. Most altcoins did not survive the bear season.

Dragonfund

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Quote from: LastKiss on March 08, 2023, 01:55:31 AM

Quote from: estheblessed on June 22, 2022, 11:43:15 AM

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?

Maybe some coins are already dead because they can't survive the bearish and some other coins can't keep up with the trend in the crypto space so they end up abandoned by their community. Right now a lot of coins updating their roadmap and their services to the trend. We will see a lot of projects already supporting NFT, Metaverse and Web3 because they don't want to be left behind.

Most of the top coins were hyped by influencers and whales, and they have all withdrew their investments; the majority of them will not live to tell the tale in the next bull run; they will perish. Coins like SOlana, Avalanche, APtos, and Near Protocol were all pumped by Alameda and SBF and have now gone into hibernation; nobody wants to associate or buy this coin again because those who came in first have all lost; they need a large amount of pump to recover their investments, and guess what, traders and whale are done with these coins.

posi

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Quote from: Raflesia on March 09, 2023, 11:20:58 AM

Quote from: fzkto on March 09, 2023, 08:20:24 AM

Quote from: cozytrade on March 08, 2023, 11:27:50 PM

Quote from: raidarksword on March 07, 2023, 06:37:54 PM

Altcoins has its own season, so nothing to panic and worry about it. Bitcoin will be the dominant of all crypto that's why some altcoins are dependents of bitcoin's price move. Nonetheless, it is alwaysa good buy of blue chip altcoins that has potential to do muh more in the next bull seasons.

All Altcoins are in very bad condition. Altcoins are going through dumping for some time now. Investors who have Altcoins are facing a lot of losses. Now everyone is waiting for Altcoins market to improve. But there is hope. It will soon increase in price.

Altcoins have been in bad condition for a long time and now is probably the best time to buy them, because they will be worth a lot more later. Of course many of them are already dead or will never recover, but there are some coins with good potential that you should look out for now so that it is not too late. The funny thing is that after the next cycle the talk about altcoins being dead will be repeated.

We have to look first at what we are buying because in this case not everything will go well so we need some consideration and think further about buying this because it is quite simple to actually buy altcoins and hold but on the other hand this is actually a big risk.
They have to look at the bounce of bitcoin and things like this are obviously a bit more complicated when bitcoin is like it is now, so it's better to think from now on whether this is actually a good thing or not.

Except for ETH, buying other altcoins at this stage is actually quite risky. I also like to invest in altcoins because their returns are better than bitcoin, but we need to consider choosing the right time. The market has not improved yet, bitcoin has also been dumped below $20k today, so accumulating altcoins from now on is very risky. We should focus more on bitcoin and only accumulate ETH during this period, as it is the most reliable altcoin in the market.

yohananaomi

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Quote from: Bollexz1 on March 09, 2023, 06:33:04 AM

Looking at these altcoins these days may be a little devastating to watch but there's always a bright side to every dark tunnel. Hold your positions, gather as much as you can in this downtrend season and wait for the bull to come.

one might say, not in a really good situation, so you are right that altcoins are headed for a very worrying situation in the current development. but I don't agree that altcoins are in a situation of entering a phase or whatever it's called, that said altcoins are dead.
There are still many altcoins that are promising and very good to make very attractive investments, but not for new projects, so temporarily avoid them.
this situation is the right time to keep collecting potential altcoins until at least the halving era comes along.

Raflesia

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Quote from: fzkto on March 09, 2023, 08:20:24 AM

Quote from: cozytrade on March 08, 2023, 11:27:50 PM

Quote from: raidarksword on March 07, 2023, 06:37:54 PM

Altcoins has its own season, so nothing to panic and worry about it. Bitcoin will be the dominant of all crypto that's why some altcoins are dependents of bitcoin's price move. Nonetheless, it is alwaysa good buy of blue chip altcoins that has potential to do muh more in the next bull seasons.

All Altcoins are in very bad condition. Altcoins are going through dumping for some time now. Investors who have Altcoins are facing a lot of losses. Now everyone is waiting for Altcoins market to improve. But there is hope. It will soon increase in price.

Altcoins have been in bad condition for a long time and now is probably the best time to buy them, because they will be worth a lot more later. Of course many of them are already dead or will never recover, but there are some coins with good potential that you should look out for now so that it is not too late. The funny thing is that after the next cycle the talk about altcoins being dead will be repeated.

We have to look first at what we are buying because in this case not everything will go well so we need some consideration and think further about buying this because it is quite simple to actually buy altcoins and hold but on the other hand this is actually a big risk.
They have to look at the bounce of bitcoin and things like this are obviously a bit more complicated when bitcoin is like it is now, so it's better to think from now on whether this is actually a good thing or not.

fzkto

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Quote from: cozytrade on March 08, 2023, 11:27:50 PM

Quote from: raidarksword on March 07, 2023, 06:37:54 PM

Altcoins has its own season, so nothing to panic and worry about it. Bitcoin will be the dominant of all crypto that's why some altcoins are dependents of bitcoin's price move. Nonetheless, it is alwaysa good buy of blue chip altcoins that has potential to do muh more in the next bull seasons.

All Altcoins are in very bad condition. Altcoins are going through dumping for some time now. Investors who have Altcoins are facing a lot of losses. Now everyone is waiting for Altcoins market to improve. But there is hope. It will soon increase in price.

Altcoins have been in bad condition for a long time and now is probably the best time to buy them, because they will be worth a lot more later. Of course many of them are already dead or will never recover, but there are some coins with good potential that you should look out for now so that it is not too late. The funny thing is that after the next cycle the talk about altcoins being dead will be repeated.

Bollexz1

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Looking at these altcoins these days may be a little devastating to watch but there's always a bright side to every dark tunnel. Hold your positions, gather as much as you can in this downtrend season and wait for the bull to come.

cozytrade

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Quote from: raidarksword on March 07, 2023, 06:37:54 PM

Altcoins has its own season, so nothing to panic and worry about it. Bitcoin will be the dominant of all crypto that's why some altcoins are dependents of bitcoin's price move. Nonetheless, it is alwaysa good buy of blue chip altcoins that has potential to do muh more in the next bull seasons.

All Altcoins are in very bad condition. Altcoins are going through dumping for some time now. Investors who have Altcoins are facing a lot of losses. Now everyone is waiting for Altcoins market to improve. But there is hope. It will soon increase in price.

Topic: Altcoins dead? - page 17. (Read 4547 times)