Are we going to see a new altcoin boom soon

Tellek Garing

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Quote from: RockCryptoWorld on May 10, 2022, 02:50:33 PM

Quote from: Tellek Garing on March 25, 2022, 01:45:38 PM

Most of the market is beginning to pick up in recent times and altcoin look left behind in the recent market boom.

What are we going to expect from the altcoin market with this new market boom will altcoin see a new phase in the market or Bitcoin will continue with the market trend?

I can see that there's a boom of NFT projects and NFTs
LostWorlds looks pretty dope, they did a great job by combining traveling and NFT
You can earn by traveling, isn't it cool?

The eyeing target now is NFT and it is most lucrative at the moment just like past vibes e.g ico, IEO, and web3 projects that have hard their hype some times ago.

Most investors are now diving into NFT projects compared to the old ways of doing things.

RockCryptoWorld

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Quote from: Tellek Garing on March 25, 2022, 01:45:38 PM

Most of the market is beginning to pick up in recent times and altcoin look left behind in the recent market boom.

What are we going to expect from the altcoin market with this new market boom will altcoin see a new phase in the market or Bitcoin will continue with the market trend?

I can see that there's a boom of NFT projects and NFTs
LostWorlds looks pretty dope, they did a great job by combining traveling and NFT
You can earn by traveling, isn't it cool?

Thesabutay

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Wawa2013

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Quote from: Tony116 on May 06, 2022, 10:41:35 PM

Quote from: Wawa2013 on May 06, 2022, 01:57:37 AM

Quote from: Tellek Garing on May 05, 2022, 11:33:23 AM

Quote from: n0ne on May 04, 2022, 05:37:53 PM

The market is at its corrective action, so the price could fall down or if could bounce. For now it looks like the price of altcoins have got dropped with connection to the fall in the price of bitcoin. With bitcoin we can't get into conclusion about the trend, because it looks like market movements were of fluctuation and not a decline/increase.

This, is the best time to buy as the price of most crypto currency are in a down mode it best to buy low and sell high in that way you will have multiple profits when the price rise, with Bitcoin touching the 36,000 today it obvious that the market will is on correction mode which is an advantage to investors.

With the price of Bitcoin dropping to $36k, the majority of altcoins have experienced a decline in price. Therefore, with a market dump like now,
it is the right time to buy coins. But not all coins are worth buying, even though the price is very low. We need to choose really potential coins,
so we can make a profit when the market recovers.

Because if we choose the wrong coins for investment, we will be stuck in the coins for a long time. Because there are a lot of shitcoins circulating today,
if we buy shitcoins that are only used for pump and dump, then when the market dumps enough shitcoins it takes longer to recover. Even some
shitcoins when the market dump became a scam, because they were abandoned by the development team. So be careful in choosing coins for investment.

Not only shitcoins but also potential coins have the potential to become a scam if the bear market lasts. Bitcoin has dropped below 36k and altcoins are bleeding profusely. This could be a good time to buy, but you need to consider it all, i think the top altcoins will also have a hard time holding their ground if the 2018 bear market repeats. My advice right now can only be bitcoin, ethereum and BNB, I will not buy any more altcoins if the market continues to fall.

What you're saying makes sense, now Bitcoin is unexpectedly dropping to $30k and of course making the price of altcoins drop very deep.
The majority of altcoins have experienced a very deep decline right now, if we look at this from positive side, we have the opportunity
to buy coins at low prices. But as you have said there is possibility a potential coins to become a scam if Bitcoin experiences a very deep decline.
So in a very bad market situation right now, we have to be more careful in determining which coins to buy.

To be safe, for the time being, we should not buy too many altcoins, if we want buy altcoins, it is recommended that they include top coins.
Since we know top coins can usually always recover no matter how bad a market crash is, your advice is very good by suggesting buying
BTC, ETH and BNB. Because the three coins are not only potential and popular, but already have high trust from investors, so no matter
how deep the price goes down, it can definitely recover. The most important thing is that we have to be patient until the bullish trend comes.

strunberg

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Quote from: lablab03 on May 06, 2022, 11:10:13 PM

Quote from: viananda2525 on May 06, 2022, 06:58:04 PM

Long term investors will like current situation in market, they got benefit by buying coins in dip. current price give us good profit ratio for long term vision.

no doubts coz thats how it works"buying dip and selling high" and yes long term investor can really get massive returns on this situation especially these days that mostly cryptocurrency are so down which is a chance and big opportunity to have 10x or more in the future. Imagine how crypto keep improving every year, so if you don't take this situation as opportunity, there's no way you will become profitable..

for long term investors, more dips come more interested they are. massive buying will done to fill their bag with potential portofolio,especially major cap. meanwhile retail traders panic, whales always accumulating portofolio. every year we see alot potential news about adoption in around the world, and as investors we should be early adopter by buying coins or using app that generate money from crypto.

RILWAN

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I bought some Bitcoin and other altcoin when the price touched $35,000 yesterday and am happy was able to buy the deep, and if it get deeper than this I mean if the price drops further to 50% downward I will still fill my bag because in no time from now the price is going to recover back and turn in some good profits.

Bonenx14

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Quote from: lablab03 on May 06, 2022, 11:10:13 PM

no doubts coz thats how it works"buying dip and selling high" and yes long term investor can really get massive returns on this situation especially these days that mostly cryptocurrency are so down which is a chance and big opportunity to have 10x or more in the future. Imagine how crypto keep improving every year, so if you don't take this situation as opportunity, there's no way you will become profitable..

The market is giving us an opportunity to buy a dip after so long the market was stable at $40k last month, so of course we have to take advantage of the opportunity for future profits as the current news conditions are very supportive of the crypto increase in the final quarter of the year, so don't waste any market moments at this time because all coin prices get discounted prices.

lablab03

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Quote from: viananda2525 on May 06, 2022, 06:58:04 PM

Long term investors will like current situation in market, they got benefit by buying coins in dip. current price give us good profit ratio for long term vision.

no doubts coz thats how it works"buying dip and selling high" and yes long term investor can really get massive returns on this situation especially these days that mostly cryptocurrency are so down which is a chance and big opportunity to have 10x or more in the future. Imagine how crypto keep improving every year, so if you don't take this situation as opportunity, there's no way you will become profitable..

Tony116

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Quote from: Wawa2013 on May 06, 2022, 01:57:37 AM

Quote from: Tellek Garing on May 05, 2022, 11:33:23 AM

Quote from: n0ne on May 04, 2022, 05:37:53 PM

The market is at its corrective action, so the price could fall down or if could bounce. For now it looks like the price of altcoins have got dropped with connection to the fall in the price of bitcoin. With bitcoin we can't get into conclusion about the trend, because it looks like market movements were of fluctuation and not a decline/increase.

This, is the best time to buy as the price of most crypto currency are in a down mode it best to buy low and sell high in that way you will have multiple profits when the price rise, with Bitcoin touching the 36,000 today it obvious that the market will is on correction mode which is an advantage to investors.

With the price of Bitcoin dropping to $36k, the majority of altcoins have experienced a decline in price. Therefore, with a market dump like now,
it is the right time to buy coins. But not all coins are worth buying, even though the price is very low. We need to choose really potential coins,
so we can make a profit when the market recovers.

Because if we choose the wrong coins for investment, we will be stuck in the coins for a long time. Because there are a lot of shitcoins circulating today,
if we buy shitcoins that are only used for pump and dump, then when the market dumps enough shitcoins it takes longer to recover. Even some
shitcoins when the market dump became a scam, because they were abandoned by the development team. So be careful in choosing coins for investment.

Not only shitcoins but also potential coins have the potential to become a scam if the bear market lasts. Bitcoin has dropped below 36k and altcoins are bleeding profusely. This could be a good time to buy, but you need to consider it all, i think the top altcoins will also have a hard time holding their ground if the 2018 bear market repeats. My advice right now can only be bitcoin, ethereum and BNB, I will not buy any more altcoins if the market continues to fall.

Farma

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Quote from: Tellek Garing on May 05, 2022, 11:33:23 AM

Quote from: n0ne on May 04, 2022, 05:37:53 PM

The market is at its corrective action, so the price could fall down or if could bounce. For now it looks like the price of altcoins have got dropped with connection to the fall in the price of bitcoin. With bitcoin we can't get into conclusion about the trend, because it looks like market movements were of fluctuation and not a decline/increase.

This, is the best time to buy as the price of most crypto currency are in a down mode it best to buy low and sell high in that way you will have multiple profits when the price rise, with Bitcoin touching the 36,000 today it obvious that the market will is on correction mode which is an advantage to investors.

and worst case scenario, the price of bitcoin could fall even deeper than it currently is. well, this is really a great advantage for investors. it also indicates that at the moment there are still no signs for us to see altcoins going into a bull market. usually, it starts with an increase in the price of bitcoin, and now the potential price change is happening in the opposite direction.
we may see a bull market for altcoins when the bitcoin price increases above $45k. currently, the bitcoin price correction is actually keeping the bitcoin price in the $35k to $36k range, and the worst thing is its drop to the $30k price. well, i hope the bitcoin price goes up soon to start a bull market for all markets.

viananda2525

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Quote from: marcous on May 06, 2022, 01:44:09 AM

Quote from: Tellek Garing on May 05, 2022, 11:33:23 AM

This, is the best time to buy as the price of most crypto currency are in a down mode it best to buy low and sell high in that way you will have multiple profits when the price rise, with Bitcoin touching the 36,000 today it obvious that the market will is on correction mode which is an advantage to investors.

My opinion is also the same because the current situation can always be used by those who still haven't had time to buy or who want to buy more good coins in the market because the condition of the coin price at the moment is at a low level so as to get more coins at the current price. lower is always more likely than now.

we should maximize this opportunity to fill our bag some potential coins for long term investment. some investors waiting price correction but when it come they didn't buy it and even call market scam or in bearish trend. long term investors will like current situation in market, they got benefit by buying coins in dip. current price give us good profit ratio for long term vision.

Wawa2013

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Quote from: Tellek Garing on May 05, 2022, 11:33:23 AM

Quote from: n0ne on May 04, 2022, 05:37:53 PM

The market is at its corrective action, so the price could fall down or if could bounce. For now it looks like the price of altcoins have got dropped with connection to the fall in the price of bitcoin. With bitcoin we can't get into conclusion about the trend, because it looks like market movements were of fluctuation and not a decline/increase.

This, is the best time to buy as the price of most crypto currency are in a down mode it best to buy low and sell high in that way you will have multiple profits when the price rise, with Bitcoin touching the 36,000 today it obvious that the market will is on correction mode which is an advantage to investors.

With the price of Bitcoin dropping to $36k, the majority of altcoins have experienced a decline in price. Therefore, with a market dump like now,
it is the right time to buy coins. But not all coins are worth buying, even though the price is very low. We need to choose really potential coins,
so we can make a profit when the market recovers.

Because if we choose the wrong coins for investment, we will be stuck in the coins for a long time. Because there are a lot of shitcoins circulating today,
if we buy shitcoins that are only used for pump and dump, then when the market dumps enough shitcoins it takes longer to recover. Even some
shitcoins when the market dump became a scam, because they were abandoned by the development team. So be careful in choosing coins for investment.

marcous

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Quote from: Tellek Garing on May 05, 2022, 11:33:23 AM

This, is the best time to buy as the price of most crypto currency are in a down mode it best to buy low and sell high in that way you will have multiple profits when the price rise, with Bitcoin touching the 36,000 today it obvious that the market will is on correction mode which is an advantage to investors.

My opinion is also the same because the current situation can always be used by those who still haven't had time to buy or who want to buy more good coins in the market because the condition of the coin price at the moment is at a low level so as to get more coins at the current price. lower is always more likely than now.

Tellek Garing

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Quote from: n0ne on May 04, 2022, 05:37:53 PM

The market is at its corrective action, so the price could fall down or if could bounce. For now it looks like the price of altcoins have got dropped with connection to the fall in the price of bitcoin. With bitcoin we can't get into conclusion about the trend, because it looks like market movements were of fluctuation and not a decline/increase.

This, is the best time to buy as the price of most crypto currency are in a down mode it best to buy low and sell high in that way you will have multiple profits when the price rise, with Bitcoin touching the 36,000 today it obvious that the market will is on correction mode which is an advantage to investors.

n0ne

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The market is at its corrective action, so the price could fall down or if could bounce. For now it looks like the price of altcoins have got dropped with connection to the fall in the price of bitcoin. With bitcoin we can't get into conclusion about the trend, because it looks like market movements were of fluctuation and not a decline/increase.

Tellek Garing

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Quote from: icalical on May 04, 2022, 04:34:20 AM

I don't think so, the current market trend is not showing any benefit for Altcoin. Even BTC has been bearish for a while now, and I don't think the market is the same market as before where we can see the majority of Altcoins raise up together. What I can learn from last year until now is that altcoin now was not really affected by bitcoin and not affect each other either, so some of the trending altcoin will raise but the other won't be affected. Altcoin that come from metaverse project will most likely to boom since it is the current buzzword for crypto.

The market trend recently have changed many notion of the faith of altcoin market as even Bitcoin who happens to be the major market player in the market is facing a bearish market right now, this have made the entire altcoin market to dip hard this season.

May be later in the year the market will pick again but until then I will say the present conditions can be term as the worst face of the market since the last altcoin boom.

icalical

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I don't think so, the current market trend is not showing any benefit for Altcoin. Even BTC has been bearish for a while now, and I don't think the market is the same market as before where we can see the majority of Altcoins raise up together. What I can learn from last year until now is that altcoin now was not really affected by bitcoin and not affect each other either, so some of the trending altcoin will raise but the other won't be affected. Altcoin that come from metaverse project will most likely to boom since it is the current buzzword for crypto.

tygeade

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Quote from: bangjoe on May 01, 2022, 03:19:40 PM

everything will run continuously, there is no project that runs perfectly smoothly just because it uses a new concept in the world of cryptocurrency. The success of a project returns to the seriousness of the developer to manage the project, if the developer only makes the project tantamount to investing in failure. In fact, there are also some projects that are just hype at the beginning, after that they are not even worth it. Don't be too hasty about it, it's better to go slowly but have certainty.

Marketing is quite important part of it as well. People need to realize that if you are dealing with crypto then marketing is a huge part of crypto as well. You need to make as much money as possible from the pre-sale or however you raised funds and save that for marketing. If you create a magnificent project but nobody knows about it then there is no way that it will get any attention.

Best case for many people would be to make sure that you do marketing and get heard by as many people as possible. Along those who hear about you, if you are great project then many will follow and invest and then your project gets hyped and become big, if it is not good then it will fail but the decision lies within the marketing requirement.

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Quote from: Inspiron14 on May 03, 2022, 04:16:07 AM

That's true even if we've done the analysis, it doesn't guarantee that we can know what will happen in the future.
for now we really need to be patient to see the market bullish again,
The most important thing is to just keep up with the developments

For people who are used to the crypto space and are always in the crypto space every day, it is certain that they will always follow market developments so that anything that can be a profitable moment will never be missed.
And I think that's clear because now we just have to wait whether the market conditions will decline again or will they gradually improve.

Inspiron14

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Quote from: Ezravdb on May 02, 2022, 11:30:20 AM

Quote from: GigaBit on May 01, 2022, 11:19:29 PM

We are all looking forward to that day. We have been waiting since the end of last year. Many people think that the next 2023-2024 years will be a new chapter in cryptocurrency. However, since it cannot be said with certainty. In that case any day ‍any time it could start the bull session again. However, crypto expert are predicting that it will come to the bottom and start a big bull session again.

It's only a matter of time to see the big Bull that might come again so many people don't know when it can happen because in general every human being is always difficult to predict any future in the crypto space even though someone is already an expert in the field of crypto.

That's true even if we've done the analysis, it doesn't guarantee that we can know what will happen in the future.
for now we really need to be patient to see the market bullish again,
The most important thing is to just keep up with the developments

Topic: Are we going to see a new altcoin boom soon (Read 1504 times)