Are the Altcoins Going to Dip in Short Term?

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Quote from: AnonBitCoiner on April 10, 2024, 04:34:47 AM

Quote from: GreatArkansas on April 07, 2024, 11:07:49 PM

Yep, there are already a lot of altcoins these days and no one knows what altcoin will go pump or dump. There are already a lot of different bases, like some token unlocks, some fud to different altcoins, or some big updates from different projects.
Some also are pumping or dumping because of manipulation.

To avoid such pumping and dumping coins you should think about investment in those coins which reduces your fear to loss money. I think solana is highly profitable these days so don't skip such coin as it will show greater success as compared to new coins.

There are large number of coins which are only live due to Bull season and favor from investors but they will not live longer and will die when condition become unfavorable. Ethereum among altcoins is the best choice after which Solana is going to have tremendous success so if one ignore these coins then he will avoid the way of increasing his money and will trap into scam projects.

This is very crucial when selecting coins to invest, though it depends on how you analyze and assess projects that you think have a good potentials, you just need to consider all the factors that might triggered the possibilities of gaining decent amount of profits, more on how you settle your research and how you position your trades.

Timing is important especially if you are a type of a trader who loves to ride along and got that big nerves to risk your money.

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Quote from: GreatArkansas on April 07, 2024, 11:07:49 PM

Yep, there are already a lot of altcoins these days and no one knows what altcoin will go pump or dump. There are already a lot of different bases, like some token unlocks, some fud to different altcoins, or some big updates from different projects.
Some also are pumping or dumping because of manipulation.

We have no idea about the current state of the market but we can solved the crucial problematic matters on our path, why? Because we know the basis of the market and we're ready to do anything to safe ourselves. Altcoins will either pump or dump, it all depends on the market season available. None of us will wish for heavy losses because holding unto these projects, we just need to focused on the promising ones which seems too difficult to comprehend.

AnonBitCoiner

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Quote from: GreatArkansas on April 07, 2024, 11:07:49 PM

Yep, there are already a lot of altcoins these days and no one knows what altcoin will go pump or dump. There are already a lot of different bases, like some token unlocks, some fud to different altcoins, or some big updates from different projects.
Some also are pumping or dumping because of manipulation.

To avoid such pumping and dumping coins you should think about investment in those coins which reduces your fear to loss money. I think solana is highly profitable these days so don't skip such coin as it will show greater success as compared to new coins.

There are large number of coins which are only live due to Bull season and favor from investors but they will not live longer and will die when condition become unfavorable. Ethereum among altcoins is the best choice after which Solana is going to have tremendous success so if one ignore these coins then he will avoid the way of increasing his money and will trap into scam projects.

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Quote from: EarnOnVictor on April 09, 2024, 04:51:55 AM

And yes, no doubt, many altcoins are being manipulated.

Of course especially memecoins where they already have an established community and when they get enough investors, they just go ahead and get profits which leave the rest of the investors with a useless coin

Quote

Above all, what I do now is to invest in the coins that are newly listed by notable exchanges. They are mostly stable and performing well these days.

Well that is your experience but not all coins that get listed do well in the long term many of them still get listed and then die after a year or so. But being listed does decrease the chances of the coin being a scam.

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Quote from: GreatArkansas on April 07, 2024, 11:07:49 PM

Quote from: wheelz1200 on April 07, 2024, 07:59:46 PM

Nobody knows this for sure. What I can tell ypu is that at some point we will probably see a parabolic rise with the market. Not sure which coins will go the most but it happens every cycle and we haven't seen it yet. So with that being said I wouldn't be scared of a pullback and actually would welcome it. Cost average in when it comes down and be ready for the real bull to kick in

Yep, there are already a lot of altcoins these days and no one knows what altcoin will go pump or dump. There are already a lot of different bases, like some token unlocks, some fud to different altcoins, or some big updates from different projects.
Some also are pumping or dumping because of manipulation.

That's altcoins for you and we should enjoy it while it lasts. Altcoins are many, so their behaviours, actions and inactions will definitely vary because many things are different with them. Their news, and community size are different, and so are the brains behind them. The upgrade/scalability, the hypes, and even the marketing by some vary, so we can't expect the same reaction from them. This is why it is good for us to vary the coins/tokens we buy, so that we will not miss out, and when they make huge corrections, it will not affect us as such.

And yes, no doubt, many altcoins are being manipulated. This is obvious on the trading charts with the way they behave. Some would be pumped so fast and be dumped in that regard as well. It's all about the relevance of the coin and its market capitalization. The lower the market cap, the more susceptible they can be manipulated. Above all, what I do now is to invest in the coins that are newly listed by notable exchanges. They are mostly stable and performing well these days.

peter0425

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Quote from: Volimack on March 17, 2024, 03:01:28 AM

If you look at the market you will understand that not all altcoins are the same. There are many good altcoins that can provide good longterm growth. It will be easy to prevent all currencies from sinking if you choose the right currency. The market is making new ATHs with the price of bitcoin rising and Eth and BNB performing well.

but they will perform in long term as well in which different from those shitcoins lovers that seeking for easy money that brings them into wrong decisioning and of course results .
better to invest in slow moving coins than those fast moving but ending scams in the sooner time.

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Quote from: AakZaki on April 07, 2024, 02:31:43 PM

Quote from: nurilham on April 06, 2024, 05:53:09 PM

For top altcoins, we can decide to hold a longer time when it is not profitable to sell now. However, if it is for shitcoins, you sometimes need to sell for loss because if you are holding for a longer time, you will end up with losing all the money.

Top altcoins are also quite risky if Bitcoin is unstable or Bitcoin dominance increases. If it is to hold long term, you should really pay attention to the top Altcoins, and use your cash reserves to buy when the crash suddenly comes. I also buy some shitcoins sat presale and sell them when they list, never hold a shitcoin any longer because it will go down like crazy.

so far top altcoin always move based on what bitcoin is gonna do next, if it pumps then it pumps if it dumps the opposite scenario happen, if the market is just as obvious as that, i don't think i can call it risky, i would say its risky if it venture in different path compared to bitcoin only then investing in it will be risky even more so if the altcoin is going toward the direction of bearish on its own disregarding bitcoin price movement probably caused by certain event happened toward the project such as some incident and so on, as long as coin just following bitcoin path anyway, i have no problem with it at all,certainly at some point it will recover back, in the market of bullish, i'm even more assured if the coin just follow bitcoin's path, at least that way its more easier to predict the price movement.
though if you see in the market despite the price correction that now have recovered anyway, certain coin are gaining some massive gain like ena and wormhole, these are just examples, though they are not top altcoin.

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Many altcoins move in similar direction to BTC, if BTC experiences a DIP other altcoins also experience a DIP, and when it goes up altcoins follow similar directions, recently many altcoins have experienced a DIP in what has been a very tough year for them , the altcoins are already experiencing more DIP recently ,
And the delaying of the US SEC on the approval of a the ETF will also affect the DIP of altcoins.
Investors of altcoins are already selling it, BTc is able to maintain its value.

GreatArkansas

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Quote from: wheelz1200 on April 07, 2024, 07:59:46 PM

Nobody knows this for sure. What I can tell ypu is that at some point we will probably see a parabolic rise with the market. Not sure which coins will go the most but it happens every cycle and we haven't seen it yet. So with that being said I wouldn't be scared of a pullback and actually would welcome it. Cost average in when it comes down and be ready for the real bull to kick in

Yep, there are already a lot of altcoins these days and no one knows what altcoin will go pump or dump. There are already a lot of different bases, like some token unlocks, some fud to different altcoins, or some big updates from different projects.
Some also are pumping or dumping because of manipulation.

wheelz1200

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Nobody knows this for sure. What I can tell ypu is that at some point we will probably see a parabolic rise with the market. Not sure which coins will go the most but it happens every cycle and we haven't seen it yet. So with that being said I wouldn't be scared of a pullback and actually would welcome it. Cost average in when it comes down and be ready for the real bull to kick in

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Quote from: electronicash on April 06, 2024, 03:28:09 PM

i sure agree with cashing out every cycle but moving to a conservative investment such as dividends and bonds might not be easier for me. i speak for myself being a crypto investor, i have no idea which bonds and dividends but these are types of assets that you will have to give up all data while the assets aren't very liquid. vehicle is a depreciating asset which is a no-no. for some one like me who wants to reinvest in back, will just keep the asset in stablecoin and wait.

When you turn 65 or 70, which most of us still have a few decades to go, you can't, and shouldn't, be investing in a highly speculative and risky asset classes such as crypto (if even these assets will be around that far into the future, or become consolidated and stabilized in a few decades).

This kind of yo-yoing would get you killed in the market, and when you are 70 years old, you can't risk most of your investments in something that might kill the very investment you need in your retirement. You are not 25 or 30 and don't have 30 to 40 years to dig yourself out of a hole anymore.

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As it is it is better you keep your altcoins foe a long term investment because right now most of the altcoins networks are congested and you can't do any tangible transaction because the transaction fee is very high. So I will advise you to still keeping or holding it till the rise of the altcoins. 30% in few months to.w is god but before that you have to check the market is they are moving and from my observation the market is stable. So I will not advise you to sell now and still wait till the market move upward.

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Quote from: nurilham on April 06, 2024, 05:53:09 PM

For top altcoins, we can decide to hold a longer time when it is not profitable to sell now. However, if it is for shitcoins, you sometimes need to sell for loss because if you are holding for a longer time, you will end up with losing all the money.

Top altcoins are also quite risky if Bitcoin is unstable or Bitcoin dominance increases. If it is to hold long term, you should really pay attention to the top Altcoins, and use your cash reserves to buy when the crash suddenly comes. I also buy some shitcoins sat presale and sell them when they list, never hold a shitcoin any longer because it will go down like crazy.

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Quote from: Abu-Naim on April 06, 2024, 03:57:28 PM

But the market condition sometimes forces us to hold for long because we can never sell at loss.

For top altcoins, we can decide to hold a longer time when it is not profitable to sell now. However, if it is for shitcoins, you sometimes need to sell for loss because if you are holding for a longer time, you will end up with losing all the money.

Quote from: Abu-Naim on April 06, 2024, 03:57:28 PM

Buying bitcoin is the best option I must say because the percentage decrease I have in my current altcoin holding is much while Bitcoin has almost recovers where altcoins are still left behind.

Yes, Bitcoin is the best coin to invest if you don't want to take a higher risk on altcoins. Bitcoin price growth is very clear, it should be safe to hold until the halving time. If you are not confident to continue holding, just sell when the price of Bitcoin rising in halving time. This way can be safe for people who just join the crypto investment.

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Quote from: batang_bitcoin on March 23, 2024, 06:05:09 PM

To some of the altcoins, it's possible a 30% pull back or even more. Thanks to the volatility of the entire market and that's why all you have to do is to be welcoming to any changes and volatility that will affect the entirety of the whole market including Bitcoin. If you are for the short term, it only means that you are holding and waiting for some push of the coins that you're holding and you're prepared to sell them all at once. A good strategy is whenever you're in profit, use it to buy bitcoin.

But the market condition sometimes forces us to hold for long because we can never sell at loss. I am holding some altcoins, the current market affected their prices and I was intending to get little percentage increase before selling, now I have to wait for them to recover before selling them.
Buying bitcoin is the best option I must say because the percentage decrease I have in my current altcoin holding is much while Bitcoin has almost recovers where altcoins are still left behind.

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Quote from: Juxoz on March 23, 2024, 12:22:22 PM

Quote from: leonair on March 23, 2024, 03:00:24 AM

Bitcoin price has been pumped very fast for a few days so the price correction of Bitcoin is affecting all other coins but it will not last long. This is a temporary problem when Bitcoin price correction period is over when Bitcoin starts pumping again or if Bitcoin price is stable then bull market of Altcoin will start so if one wants to buy Altcoin now for long term holding it will be able to give good returns. so if someone have enough money for long-term investment then they can do it

Crypto is a super volatile asset class -- one level above gambling sh*t. There lies an opportunity for someone who is patient enough and has emotional and mental fortitude.

I don't believe the way crypto markets operate one should hold when the investment is well diversified. I think the retail investors should cash out their profit in every cycle.

The goal is to hit that 10x on the original investment, then take the profit and flush it to a more stable investment vehicles such as regular stock markets. And as you age, profits from those riskier investments such as stock should be siphoned to more conservative investments -- dividends/bonds etc.

i sure agree with cashing out every cycle but moving to a conservative investment such as dividends and bonds might not be easier for me. i speak for myself being a crypto investor, i have no idea which bonds and dividends but these are types of assets that you will have to give up all data while the assets aren't very liquid. vehicle is a depreciating asset which is a no-no. for some one like me who wants to reinvest in back, will just keep the asset in stablecoin and wait.

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Quote from: Belarge on March 23, 2024, 07:52:27 PM

Quote from: Promocodeudo on March 23, 2024, 02:38:43 AM

Despite that am not an altcoin person, some altcoin has potential in them too but many scam coins has made it look as if all altcoin are without potentials, your question depends on the particular altcoin, some altcoin may dip and never return to their peak again amd thats because some investors that boost it earlier has now gotten alternative that better, in some cases too when there is market shift it affect altcoin and it is a normal scenario that's is bound to happen but such altcoin may bounce back when the market goes back to normal, but the thing is how will you know profit oriented projects.

We can be either straightforward in our dealings with the market, I know it's not easy but we tried our best. There are projects that's pending, to change our life and there are some that doesn't lack any entity, rather they're just in existence to ruined the life's of investors and liquidated trading accounts. We have alot of altcoins in the market, be specific when you're talking about dumping and rising because the current market we found ourselves today will never end well, rather we'll be witnessed back to back inconsistent results.

The market always dip and surge after a while this is a normal occurrence in the market that we need to expects.
I just hope the price of Bitcoin can do it again the way it does it sometimes ago. The price of Bitcoin would be very profitable just like the way we are holding other cryptocurrency projects in the market. We should be ready to make money and do things in the way it's going to benefits us and bring rewards. There are people that have trader in the market and still don't get any rewards based on the way they do their things.

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Quote from: irhact on March 20, 2024, 02:49:34 AM

Quote from: bluebit25 on March 19, 2024, 08:48:58 PM

The volatility of bitcoin/altcoins has been known for a long time, and speculation helps us anticipate eventualities. IMO, accumulating altcoins that have dropped sharply in price in the short term, the altcoin market has many projects competing with each other. Projects that do not have development potential or do not meet market needs may be overlooked by investors, leading to price drops. Some cases of market manipulation can cause altcoin prices to increase or decrease dramatically.

Not every altcoins that have dropped in price should be worthy of buying as they mightn't have the ability to rise again. Many memecoin that have fallen with the price corrections won't rise again as investors will be looking for newly memecoin to buy and not buying old ones this is the reason we're suppose to avoid chasing after memecoin hype. Some altcoins will rise back as they have good fundamentals and investors will want to get them cheap as they're, right now.

Altcoins are always going to dip when Bitcoin dips as Bitcoin is the controller of the market and investors will be looking for profits after the market has pumped very high as it did last week. When you see profits in an altcoin that you bought, it's always good to take profits and keep them in stablecoin as the market can always dump anytime and you might not be aware of the dump ad altcoins will always dump.

And the truth is, any situation is possible, even if bitcoin falls, there will still be some altcoins that increase in price. It brings a feeling of confusion when witnessing independence in space, but the indirect relationship still takes place. And indeed, buying altcoins when prices drop also requires careful research, as you mentioned about memecoin, it is in the category of adventure (gambling) so I don't think honest belief in it is serious. complete.
Some top altcoins such as ETH, ADA, XRP,... offer clear returns when they recover, but investing is a different choice for everyone.

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Quote from: Promocodeudo on March 23, 2024, 02:38:43 AM

Despite that am not an altcoin person, some altcoin has potential in them too but many scam coins has made it look as if all altcoin are without potentials, your question depends on the particular altcoin, some altcoin may dip and never return to their peak again amd thats because some investors that boost it earlier has now gotten alternative that better, in some cases too when there is market shift it affect altcoin and it is a normal scenario that's is bound to happen but such altcoin may bounce back when the market goes back to normal, but the thing is how will you know profit oriented projects.

We can be either straightforward in our dealings with the market, I know it's not easy but we tried our best. There are projects that's pending, to change our life and there are some that doesn't lack any entity, rather they're just in existence to ruined the life's of investors and liquidated trading accounts. We have alot of altcoins in the market, be specific when you're talking about dumping and rising because the current market we found ourselves today will never end well, rather we'll be witnessed back to back inconsistent results.

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To some of the altcoins, it's possible a 30% pull back or even more. Thanks to the volatility of the entire market and that's why all you have to do is to be welcoming to any changes and volatility that will affect the entirety of the whole market including Bitcoin. If you are for the short term, it only means that you are holding and waiting for some push of the coins that you're holding and you're prepared to sell them all at once. A good strategy is whenever you're in profit, use it to buy bitcoin.

Topic: Are the Altcoins Going to Dip in Short Term? (Read 490 times)