I think we see good buy-in levels atm. for longterm investors it does not matter if whales or bad news will dump the market again, mid-/ longterm we will see great performances for solid projects like eth, dash, xmr, zcash, ltc, waves and so on.
However, I think some projects, especially Eos is totally overhyped (don't forget that its a erc20 token atm!!!); even with the best main net the crypto community has ever seen, it will take years until devs all over the world will use Eos platform instead of eth.. Cardano next overhyped blockchain. tron has NOTHING lost in top 10..
What I want to say: buying solid (old/ stable) projects now: good idea in my opinion; buying new projects cause they are so great and everyone loves them: (always) risky
Topic: Are “alts actually back”? (Read 507 times)
Alt will be back if bitcoin back. Underlying all of alt is bitcoin. I dont think alt will be back if bitcoin stay at this price except very good fundamental altcoin like Dash, eth and EOS. Dash have a really good features, ethereum also good used at every ico and EOS have enough funding to hold the price againts bitcoin. The platform also will be launch soon.
Yeah I personally think altcoins are pretty much back in business. They still are not in good price level when you consider all time high levels. But I am very bullish on their price for future as markets are in green.
look like the reason is about to start we can see new pumps in almost all coins most probably we can see pump of all coins by next month most probably
Predicting the future is virtually impossible. It's enough if the whales want to manipulate the market. All predictions and graphs are then useless.
I think the most alts are nearly back. If you are still sitting in a coin that has not pumped in the last 8-10 days, you maybe have a problem 
You should think about buying some other stuff that has potential to pump!
Studying what project/coins that you are holding will give you a good glimpse of success, most of those top alt project already showing strong movements, You should think about buying some other stuff that has potential to pump!but not because they are the first one to increase value means that those other coins will be stuck, there's always good timing for crypto investment, better to know the progress of some project before deciding what to do next.
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look like the reason is about to start we can see new pumps in almost all coins most probably we can see pump of all coins by next month most probably
I think the most alts are nearly back. If you are still sitting in a coin that has not pumped in the last 8-10 days, you maybe have a problem You should think about buying some other stuff that has potential to pump!
You should think about buying some other stuff that has potential to pump!
When bitcoin cash moves this way
https://www.coingecko.com/en/coins/bitcoin-cash#panel
It's a positive sign for alts
https://www.coingecko.com/en/coins/bitcoin-cash#panel
It's a positive sign for alts
Thanks for the data and graphs. I think that alts are definitely back and have started the next big rising cycle already. We can see that many good altcoins are already more than double from their bottoms so that is a good sign. Bitcoin also is breaking above its downtrend so it is looking good for now.
A bit too many of these charts. But thanks for your work. It seems to me, however, it all depends on how bitcoins behave. The rest of the coins are usually adjusted to the direction determined by bitcoin.
Thanks for all the work you have put into this research. It was an interesting read.
In my opinion, alts and the entire crypto industry has not yet fully recovered. I still believe that we are in a bear market. I could be wrong but I expect the market to drop a little over the next days. It might not be a flash crash but it could still drop in value. Hopefully, this will be the last drop before a great crypto season.
In my opinion, alts and the entire crypto industry has not yet fully recovered. I still believe that we are in a bear market. I could be wrong but I expect the market to drop a little over the next days. It might not be a flash crash but it could still drop in value. Hopefully, this will be the last drop before a great crypto season.
Alts are definitely back, nice green candles everywhere. Not just a bitcoin dominated market, it has room for all sorts of coins so go and diversify your portfolio without holding 90% btc, you can reduce that to around 50% and still trade safely
They didnt leave after all which means they dont really need to comeback Price increase and Price decrease its a normal thing which i dont really expect too much as long you can able to ride on the waves which it can able to make you money then thats the thing what matters most and as a trader or investor you are really here for that thing. Am i right? Checking out those graphs it does really signifies that this is indeed a very volatile market.
Awfully right so as a trader, we should not let our emotions eat us up because if we let it we will end up as a failed trader. It is not easy to do trading especially if you can't accept the fact the cryptos are volatile, getting emotional will only make you contribute to the panic selling. Price increase and Price decrease its a normal thing which i dont really expect too much as long you can able to ride on the waves which it can able to make you money then thats the thing what matters most and as a trader or investor you are really here for that thing. Am i right? Checking out those graphs it does really signifies that this is indeed a very volatile market.All altcoins recovered but fluctuations are still possible any time. If this is the time for the altcoins to be back on their track, daily traders might do a long term investing for a while since the market is showing us a good view for this quarter.
I also do day trading but mostly when the price is getting high. Selling coins at low price will not be helpful so holding is the best at this time. I know what I'm doing and I am sure that it I am earning profit with my way of holding when price is low and selling when price is high. Anyways, my method could be the opposite of what other people are doing.
Great statistics. Reading and understanding cycles in these markets are essential knowledge for proper trading strategy. This article is a bit too complicated, too many charts and structure is a bit blurred, but the main idea is understandable. And yes, everyone involved in cryptocurrencies should know market cycles very well.
I really love this presentation, a very good one indeed. And as we all know, most coins are traded against BTC and hence if BTC is getting back on its feet then there's a higher prediction that most alts will bounce back
so many points in your post , but in the end i will say buying alts now will be a good choice .
bcoz we know it is still not bull run . and when bulls will come we can secure good profits .
bcoz we know it is still not bull run . and when bulls will come we can secure good profits .
This a nice stat, I like people who back up their claims with data, instead of people coming here and just giving information base on their feeling, this can easilty be seen in the market with the performance of most of the Altcoins this week that the market is back and BTC dominance has decreased significantly to 3*% from 45 we were earlier this month
I actually think altcoins would consolidate for few days before take off again. We saw some heavy profit taking today. But overall technical is in favour for more uptrend. The charts are ok to look the the trends and cycles. We would see more volatility for these few months. Anyone that want to see mega bullring might need sometime, overall fomo is picking steam now for crypto.
They didnt leave after all which means they dont really need to comeback Price increase and Price decrease its a normal thing which i dont really expect too much as long you can able to ride on the waves which it can able to make you money then thats the thing what matters most and as a trader or investor you are really here for that thing. Am i right? Checking out those graphs it does really signifies that this is indeed a very volatile market.
Price increase and Price decrease its a normal thing which i dont really expect too much as long you can able to ride on the waves which it can able to make you money then thats the thing what matters most and as a trader or investor you are really here for that thing. Am i right? Checking out those graphs it does really signifies that this is indeed a very volatile market. Jump to: