Topic: Are Alts About to Crash? (Read 1374 times)

Those who want to join into speculations and make decisions about the things they hear rather than focusing on what they see, are the caliber of people that the market always tend to affect the most in the long run because they are blending with speculations and not trend.

Altcoins are really showing some great sign of improvement though, and it is obvious how huge they have hit the bottom as it is, but I see it as a great opportunity, considering we might see a chance to see them recover soon.

Well, there is no doubt in the long run, that we will end up having altcoins that will definitely end up taking the hit as the case may be, but one thing here that we also have to understand is that future is always a hard thing to know because we cannot know it, but we can only play with the present, take advantage of the opportunities and make a better future for ourselves.

For most of the altcoins without product, there is no possibility of seeing them grow substantially in the long run, and this is an area where people should always consider before investing in anything.

With so many coins and tokens currently registered in various exchanges, it is only natural to make the competition very tight and of course have more coins and tokens to die.

I hope it is not going to crash again. We've taken so much loss in the market and I think no one is productive right now especially the people who can't invest on any coin because of lack of money. As a bounty hunter, the only thing I can do is wait for the rewards and wait for my coins to grow.

It's a good strategy and you should try it. I think your strategy will be justified for you. Do not ask anyone about your strategy because they do not understand how your process is analyzed. Work independently and earn a lot of money from your own power, which will make you happy.

How could you be wrong in the month of April and thought that the bulls had finally come, but how it turned upside down. These were all actions of speculators who are still shaking the situation, making even worse conditions for investment.

If I'll buy alts, I wouldn't sacrifice my bitcoin for it.

My bitcoins are good to long term hold and I have rule to myself that I'll never move it unless its all time high again or higher. As for alts, not all of them are worth to get with. They may crash and you can see that its a good buy but don't assess quickly cos it might be a trap.

Many altcoins have been able to supply the deficiencies of bitcoin through technological improvements that have made the use of cryptocurrencies a more user-friendly experience, allowing faster and cheaper transactions, and improving issues such as scalability and energy consumption.

Therefore, I do not think they will disappear, although the current abundance of altcoins seems unjustifiable and unnecessary, so it is likely that in the long term many of them tend to fall into oblivion or abandonment.

The altcoins have already crashed look at the ethereum when in January it as at 1500 USD now after six months it has depreciated to 500 USD a 300 percent decrease in its market value but this will not approach to a point of no recover as it is only a correction phase

I also think that there is a shortage of funds in the market now, and it is easy for other tokens to plummet due to the independence of certain tokens!

Yes, in reality it is all too evident that Bitcoin is the only cryptocurrency that has been able to generate trust among long-term investors, and the vast majority of other altcoins are only serving as instruments of short-term speculation, and that is why as soon as a coin experiences a major pump from one day to another, the next day its price plummets drastically.

 It is a pity that the speculators do not care at all about the technology developed in serious and interesting altcoins, for them all are only pump and dump schemes.

Fud from the beginning of the year has limits altcoins market especially the issue of banning across the globe! The coins has been down since you make that post and we should be able to start seeing some bullish set up any moment from this month we are in. However the month of June till August has been the best months in the history of cryptocurrencies and I am expecting good days ahead.

Although Altcoins are dipping right now but same with the Bitcoin price too so therefore the whole of the Crypto market is in difficult right now but i have observed many times that the Altcoins will crash if the Bitcoin will crash first in which something called like a domino epic movement. So therefore if you expect that the Altcoins will crash then it will start with the Bitcoin first making you a little bit to confuse which coins to buy during the dip.

I don't think altcoins are going to be crashed . You can take a look at gainers and losers on Coinmarketcap to find out altcoin with highest change in price .

Although the downward trend affected a lot to price of altcoin but it'll not make Altcoins crashed . Just wait cause the whole market need time to be able to retrieve, it can't happen in a few single days

That still part of price cycle but not necessary a crash. If you see a sign that the price of the altcoins will going to go down or up soon then monitor the daily price of bitcoin. Bitcoin almost affect the prices of all altcoins whether it is rising or falling. Some coins or tokens can't sustain their uptrend and will eventually drop later because of bitcoin influence.

To be honest, I think that the ALTs crashed in Jan 18 is because of the unwarranted exponential growth during the end of 17. ALTs are simply just undergoing a correction phase, and if you think of it, some of the ALTs don't even deserve their current valuation. I'm looking at you EOS (money grabbing vaporware).

We will observe this situation for more than two months, unfortunately. Now there is a market correction after a large sudden growth.

I don't think so . I can't imagine how this cryptocurrency market will be if alts crashed ). All traders and investors only have one choice to choose, BTC
Beside I don't think there is any reason can make altcoin crashed so don't worry about it cause I believe that this case will never happening in the future.

Altcoins have major marketshare now as compared to the BTC. Sooner or later BTC will be overpowered by a utility token. A coin without an intrinsic value can't sustain the market pressure. An utility token (an altcoin) will be the winner in long run. This temporary bloodshed of the market doesn't mean that the altcoins are over. This happens due to the lack of volume in the market because market is still in the infancy stage and is still growing. Market isn't able to attracts new money doesn't mean that it will never.

No. Even though this cryptocurrency is a very volatile system, just like a box of chocolates. You never know what you're gonna get.” So until there are people investing in altcoins, altcoins lives. It goes dip in the hole but it will be pump again.

No, please tell me why they would be crashing now? the market is more stable than before, so i do not think that there is something bad happening, in fact, i am more than confident about it at this moment

Currently still not BTC pump, but we have seen different situations. ALTS been raising and BTC crashing, we also seen every possible choice lie ALTS BTC raising/crashing together.

However, some alts can grow really a lot while BTC is dropping (so I am hodling some really not very known alts, which got potential) otherwise average alts would be preferable to switch to BTC I believe.

well, prediction is prediction. we can't see them untill it coming. but i prefer you do what you believe either right or wrong.

Currently there are 1640 crypto currencies registered on https://coinmarketcap.com including Bitcoin then according to you alts are about to crash means that 1639 crypto currencies are about to crash in the coming days but I don't think such a movement is possible as it will mean that total market cap will be depleted at an alarming rate.

First of all, all alts will never crash all together there are always some coins which gain when market is crashing. Secondly, you need to be more specify about the alts you are concerned as there might be few alts which may never gain the momentum to rise after market is crashed.

I do not think so. Just altcoins are heavily dependent on bitcoin, which is not in the best condition.

Yeah, basically this.

The shitty, worthless coins made by scam artists will fall and die in the next year. Only the coins with a solid product and real partnerships and investments will flourish and do great - ICX and AMB for example.

what kind of Alts are you talking about? if you are talking about those worthless ones and scam then nearly or this day they will cease to exist in the future, those legit and hidden gems are commonly aligned to the bitcoins price flow, but not always correlated like the other altcoins but the basic pairing are always alt/btc then other alts pair to another one so bitcoin bloodbath moments then some of them will follow the same fate.

It depends. But it may not happen as long as altcoins value is inter related with bitcoin growth.  As long as bitcoin has value, altcoins would still have their growth.  The teams do not give up still. We can even see too many new crypto currencies created. This shows the success of crypto currencies. So let's have positive thoughts which will manipulate the altcoins and crypto currencies growth in return.

Well we should expect the dump of altcoins when Bitcoin is crashing. Because they are totally manipulated by bitcoin even some of us not really believing this but bitcoin is the main coins and crypto and I believe that it is manipulated by bitcoin.

I hold a lot of altcoins and probably it is not very good, because my portfolio lost about 50% form high prices.
So now I probably buy ETH for 50% percent of all my portfolio, and the rest I'll hold in the altcoins.
It's better really to hold for long time. Because I didn't have the best experience with the Limpo. I sold it when it was$ 0.01 and now it costs about $ 0.12 . It was my X10, but I sold it, even though I left the other shitcoins. So if you keep the coins, then keep everything, do not sell parts like me.

I think you got the reverse scene. When BTC rally to go up almost all alts are going uptrend also, however there are few alts crash when it happens but majority of alts are connected to bitcoins price trend. Altcoins will never die, there are lot of alts that has stable position in the market example are ethereum, litecoin, neo, etc.  Only the shitcoins will die sooner or later.

The behavour of Alt coins is directly depending on bitcoin,so same way a question can be asked about btc then.Will it crash or not.

Not if their developers are maintaining them. Some altcoins can crash but not all of them. The best will withstand in time. Sad to say some developers leave their old alts to make new ones to make another profit.

Every time Bitcoin falls steeply, alts take a similar hit too. This has been observed over the past few years. The moment we see market red, everyone begins to panic and selling their coins out of impatience. By doing this, they become a part of the dump and alts begin to take hit too. Alts are the ones which suffer the most every time such a scenario arises in the market.
Hence, it is highly recommended that you do not panic and stay calm and composed.

 I don't see any reason why altcoins will crash once btc rallies up. BTC is the pilot coin and whoever is leading the rally should bring the rest with it. I think once BTC increases, ETH will rise, and so will altcoins. This is just based on my observation. There may be other technical explanations about this but I'm not a technical type of person though.

Its not about the current price but the future of the altcoin. The market will have a lot of rise and falls and if you are looking for a long term investment and hodl-ing you should consider coins with strong fundamentals,strong and determined team and posibility for future use of the coin/token. I'm talking 5 years, 10 years even. A coin/token/project should solve a real world issue and must be ahead of the competition in the sphere to have a chance for a long term survival. Any product that combines those features and has good coin economic should survive any bear market.

I think the prices will go up again soon. I see a very good buying opportunity right now, and I do not think prices will fall much more. Whalers will not allow a greater fall.
We will see big pumps in a few days

it's too early to had that tought, even with the current market condition. i think theres still hope on the end of Q2

i don't think that bitcoin will start a new rally in the near period

Many altcoins have been able to supply the deficiencies of bitcoin through technological improvements that have made the use of cryptocurrencies a more user-friendly experience, allowing faster and cheaper transactions, and improving issues such as scalability and energy consumption.

Therefore, I do not think they will disappear, although the current abundance of altcoins seems unjustifiable and unnecessary, so it is likely that in the long term many of them tend to fall into oblivion or abandonment.

Of course, you made a mistake with the forecast of the bull market, and the alt is a very good and most important useful alternative to bitcoin. They win in many respects, only their abundance confuses people and forces them to diversify their portfolio.

Alts just following the major crypto just like bitcoin and ethereum, if the price of ethereum and bitcoin to the altcoin will be the same and it doesn't get any decrease or something else and the price will be following bitcoin and ethereum. Bitcoin and ethereum has dominated the majority of altcoins right now.

Alts have been crashing systematically against Bitcoin for the past 3months, I don't see Ethereum or Ripple crashing further.
Rather, alts are more likely to gain against the Bitcoin or sustain their present rate.

Alts won't crash soon. Altcoins won't crash until Bitcoin starts to take over again, making everyone flood their altcoin money into bitcoin to get in on the boom. And we're probably a few months or maybe even half a year out from the start of any real bitcoin boom.

Alts are surging at this moment specially those altcoins who are in the top list of CMC. But I don't think it will long lasts since altcoin price depends upon the bitcoin. If ever, there is a possibility that 50% of the alts will crash. As of now, let us cherish this moment that the market return back to its peak and the color green dominates most of the exchanges.

On the contrary, alts are starting their next big rally for this year. Last many days have been nice and green for most alts.

Yeah, for me the whole market of shitcoins are about to crash, I cannot say exactly when but I do can say there is no market for such number of senseless projects.

Exception will be only exception, I mean, we will have likely 10 succeed coins, few tokens and that's it.

For now I hold only 40% of alts and the remaining 60% of Bitcoin. The pricehike now may not still be the bullish but just a temporary bull I think.Maybe good for a week run only then after that it has greater possibility to go back down. But I have observe also that there are many altcoins dependent to btc’s price.

I think now there is a better situation in the market for altcoins, The market is blue, so it looks very pretty, I do not believe that alts will crash and I just feel like holding ETH because of me Surely ETH will be worth something in the future.

And haven't you already bought enough in Jan-Feb? The truth is the most of people are afraid to buy when they open coinmarketcap and see everything is red... They think this downtrend will never end, BTC will reach $1 and stop there forever.
This won't happen, if someone here really believes in this worst-case scenario.

Some alts like ETH and LTC won't crash that easily. They are the most popular coins after bitcoin that is why many will be holding and continue using them even bitcoins pump up.


Collecting alts are not just the thing you should do but consider details to avoid being scammed. Some collect coins that may have POTENTIAL and not just coins all over the crypto market.
Some are following alts for months or years before actually collecting them because they believe that alts will be worth valuing for in the future.

I don't think the correction is done. Now is correcting. After reaching 10,000 the bitcoin might go down imediately, but not lower than 6k. And every year you can hear of the news about altcoins crash, but actually nobody can predict. Prediction is dumb. Prediction leads you to buy or to sell to make some altcoins expensive or cheap. One of method to lead investors to buy or sell.

So what if they crash? There will be more cheap coins on the sale.
I won't mind

I don't think so, now there are better situation on the market for altcoins, today eth grow maybe 4%? The market is green, so it looks really nice.

This week Altcoin prices began to rise, some altcoins have been pumped even 100% from the lowest price.
I think buying altcoin when BTC goes up is not the right way now. Because when the price of BTC rises altcoin prices follow.

If you buy quality coins the if a crash does come then these will suffer less and hold their value better.

Nope they are about to boom in my opinion. Some of them will always crash but majority of them will pump right now and get back to their previous levels which is good, because it will prove that the holders are not losers and the hold was good!

I actually do both, holding Bitcoin for long term and holding some alternate coins too at the same time. I don't believe alts are going to crash and I just feel like holding Bitcoin because I firmly believe Bitcoin will be worth something in the future. Almost all of my savings are on this coin so I have to be a strong and loyal believer of Bitcoin.

That is how works crypto. Today altcoins are growing and will growing long time but the time will come when it will fall again, that's for sure. We must be ready for this, any experienced user know this

Lmao.. who the hell thinks that there will be another bottom? maybe the price will drop a little at this moment becuase we have been going up for some days, but no, we wont see another crash or another dip just like many people is saying.

Only dumb person still believe about that and sold all of their bitcoin stash to the market. It looks a big shame if they are all selling their bitcoin at the bottom and then try to buy back again when the price will have touched the top. That's just kind to make another people feel panic to sell their stash at the cheap price.

I think the altcoin price fix is ongoing, and hopefully it will keep moving up. so that all of us here can start our luck by selling it, after we arrest it at a bad price ago. so do not ever panic selling when the price is bad because the price will get better again

The most of all altcoins are still very stable and they could form up for a new rally together with Bitcoin. I hope that Bitcoin will go sidewards, because if it makes new ATH to fast, maybe alts will crash then.

I personally don't accept term 'crash' in the current context. The market trend might change (what is happening now, bear market is turning into bull market) or altcoins might go to 'correction', which is a healthy stage of the market cycle. IMO crash it is when something fundamentally huge is about to happen, smth like USA will ban cryptos or I even don't know.
IMO, a current market state is great and altcoin correction could bring only benefits. The slower is the way up, the higher it might bring.

Alt has become quite interesting at this time, Altcoin is currently an option for many people because of the ICO project that makes a lot of people interested enough to invest in Altcoin. It can be said that this is a risky thing, but still that all investments have risks. So do not ever expect to be successful when we do not dare to take risks. I will do that because I think it will get me a chance to make a bigger profit.

To be honest its just nighmare scenario. People told same scenarios about bitcoin like its gonna hit 1 dollar guys it will be worthless etc IT DIDN'T HAPPEN. I don't think any shit will happen to most altcoins. We are in early adoption phase STILL.

cryptocurrency is currently unpredictable because the current cryptocurrency movement is unpredictable and always changes. so I think now if crashes will surely increase.

I believe that the altcoins will be stretching for bitcoin. When bitcoin stops altcoins will live by the news background

Everything's fine. Finally, we can relax a little and watch the green market. I hope this lasts a few more days.

Yes the btc started to enter the bullish market, all the price  started to go green, even alt coins has rise significantly but the crash still  far from happened, a lot if people now are interested in alt because the profit is bigger and cheaper, so now we got separate market for btc and alt coin, but for more secure investment a lot of people will choose btc over alt coins and I prefer to hold btc because I am aiming for long term investment

Here in cryptocurrency world, no one knows when is a coin going to crash or going to skyrocket. And you don't have to worry about the crash because if there are a good project development and a team behind that coin, that coin's price is going to go up in the nearest possible time.

LOL i think opposite.

Alts can crash if these increase significantly. It will be a taking profit. But now there is no such increase for fixing profit.
I think that growth is still possible, so hold.

Maybe I do not really understand, but some of my friends just recommend to always collect as much bitcoin. Maybe also they are right, because I see only a few alt that have increased and I think as a beginner is very difficult to choose a potentially good alt in the future. For now I only hold bitcoin and alt popular only.

Yes everything except for Bitcoin Private will crash

Does it make sense to buy back when you could earn more profit just holding it? If you think ETH would be grow more this year, don't ever sell any of your ETH and just keep buying until that happens

Actually not all alts are about to crash and I think some of alts are starting to increase. Selling your eth if you are in profit is good and buy back because some predictions eth will grow this year.

I really do not see a rally starting anytime soon whether it is for bitcoin or altcoins, even if many people are thinking that the price is going to recover very fast after the crash which happened at the beginning of this year but I doubt that is going to happen at all and it's not because I want to be negative it's just that I just to not see it, there is not enough the money in the market to create a rally.

i don't think that bitcoin will start a new rally in the near period, it will grow but with alts, it has no reason to pump heavily at the moment, i think that we will see a huge pump when lighting network will be released, that would be a killer feature that can change the games

i think FUD about can't advertise in google adword is end
dump price or down price, only after google announcement release about crypto can't advertise
don't worry alternative advertise still much, although twitter and facebook same with google

Not bad of doing that, it is just the way we secured our investment and just to buy it back when market stabilized again.
Anyway, that's how we play in the market and such smart doing really make us more profitable than of holding it for a long time. If you are really a good traders you may find your self very comfortable even market are in dip or not.

Today they are turning their heads. Perhaps the market is returning to the red, so let's take the altcoin or sell it right now, I'll sell my ETH, the ETH is heading back. They do not continue to increase as many people predict.

Crashing is only. Fake news and nothing have any significance as only those who do not want it to rise make such news and smart people would just do opposite and buy it and when price rises they do make money and other feel they lost the opportunity of making the money in this market .

Well, I was going to say that maybe you haven't been trading long enough to see what happens when BTC pumps hard. But then, again, you're a Hero Member, which means you've been on bitcointalk and in crypto for like a year... So I guess you've seen more than me =)

in my own experience, when BTC rallies hard, like last Nov/Dec, alts just take a beating because everyone FOMOs into BTC. And then went BTC crashes hard, alts crash too.

But there's a golden median, when BTC rallies slowly and gradually, then alts get to flourish alongside it.

Anyway, I'm sure you have better experience trading in crypto, so it would be great to hear your insight on what happens when BTC rallies hard and when alts rallied harder with it. I would really like to know -- it sounds like a dream. I'd like to investigate such a time period and see what variables existed then to cause the ideal rally-to-rally.

What you say also makes sense, I guess. Maybe we're in for a correction. It's kind of hard to look through crypto news because it's just so much crowd-pleasing. Everyone just wants to talk about the current moment rather than the possibilities ahead for FOMO and FUD.

But i do see some new FUD, like Coinbase now suspending trading for certain groups (Wikileaks shop). And also the EU going for stricter regs: https://www.ccn.com/european-union-votes-for-closer-regulation-of-cryptocurrencies/

What happened in last days is just FOMO started by one long candle on Bitcoin some dump must come soon.

Actually when BTC rallies fast, alts rallies even faster. At least that's what I've noticed.

I'm holding my existing alts, and not buying anymore. Cashing out along the way as well. I don't think that this is the start of a new bull market. Rather, it's just a temporary halt in the bearishness of the market, thus the rally.

I think BTC is due for a correction very soon, and as a result, alts may crash alongside BTC and even outpace the losses that BTC incurs. I just don't see FUD due to regulations going away any time soon, as it affects ICOs a lot.

It appears like that but I am not going to sell anytime soon as in my opinion it is just a trap and we will see some moons.

The truth is that everything depends on the developers. An example is Dogecoin - it was created for a joke, and for many years it remains on the top coins list. If there is a creative team behind the project, it will succeed.

Why do you think so? I'm seeing alts and ICO token stronger day after day.

The future belongs to blockchain based fintech ICOs. They are disrupting niche after niche.

Bitcoin will not crash again, I believe the correction is done and its time to pump now, this is not a bull trap the market will continue to soar high this year. Altcoins will also survive no matter what the price of bitcoin, believe on great coins.

If this is only bull trap then we can see bigger crash. Maybe Bitcoin will go down below 6k this time and most alts can't survive in this situation. This is the dark side that can happen anytime. When we see the bright side almost all coins are up from 10 to 30 percent. This is clearly not enough but better than nothing after all these desperate months.

I don't think Altcoins are going to crash soon, even we are just getting started, just look at where we were in January and where we are now, though I agree with your assumption that if BTC price continue to grow soon Altcoins will not be able to keep up with its growth again and start to dump

Hey,

I see that we've finally entered a bullish phase (not sure how long this is going to last). I think it will be good for May pending any kind of FUD. June is the adsense FUD.

But anyway, I've read some articles that say that alts are making a comeback and money is pouring into alts... but these same articles caution that experts think that soon money will be pouring into bitcoin from alts. They say the infusion of money into alts is only temporary.

I'm sure most of you have seen that when BTC rallies too fast, alts crash. I was wondering if you guys think that a fast BTC rally is in the immediate future?

Are you hodling alts or are you going to go into BTC to ride out the BTC pump, then buy all the crashed alts?