Good time for all ALTcoin - page 5. | Bitcointalksearch.org

bakasabo

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Quote from: Adbitco on September 08, 2021, 04:34:17 AM

Quote from: bakasabo on September 08, 2021, 02:32:53 AM

I dont think that yesterdays crash was caused by correction. According to bybt, nearly $3 billions of futures were liquidated yesterday and it caused that price drop.
But I agree that new options to entry new alts appear. I would buy an alt that probably lost the most in price yesterday. Solana probably might a good decision, as they plan to introduce smart contracts soon. But it also might be a risky investment, as Solana was on hype for quite a long time, and smart contracts might appear less cool than expected.

Don't you think that this could be a merely news to let the market drop and they bag enough the currency??
i know too well as the crypto market is being driven by news and any information gotten from most of the firm believing this could be possible.

If not futures liquidation is the reason that has caused a recent price drop, then what caused it? I've noticed, that usually when futures are liquidated, major price changes happen on the market. What else can cause drop? El Salvador that bought 200+350 BTC? My prediction was guided by this tweet https://twitter.com/woonomic/status/1435267546949701640.

Now on the topic - I still suggest to buy Solana. I am amazed how its price goes counter to whole market situation.

imamusma

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Quote from: Nasuhalugu on September 08, 2021, 05:19:54 AM

Behind the current downturn in market conditions with Bitcoin ever reaching the highest price of $63K, I think this year is more of the year of Solana Coin and Bitcoin. Solana will be able to advance amid a wave of big Altcoin rivals like Ethereum and Binance Coin and I don't see Dogecoin coming back this year.

In general Solana has increased by almost 30% from the previous where the price has reached $208 and is also already ranked 6th in cryptocurrency, so it is obviously very remarkable because what Solana has to beat is USDT, BNB, ADA and then Ethereum. Then will it be easy for Solana ? I do not think so.

aylabadia05

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Quote from: aylabadia05 on September 08, 2021, 12:00:30 AM

It could happen again and Bitcoin will peak this year. $63K already happened despite the previous low in early January of $29,374 and it looked like Bitcoin would sink by then. I'm sure Bitcoin has a great story this year and will be a year full of drama.

In the first quarter of this year Bitcoin had a very extraordinary story before the correction approached it, but after the correction is complete, it looks like the increase in Bitcoin looks very heavy and made it experience another correction yesterday, this indicates there will be a different story for the end of this year in Bitcoin.

It's true that in the first quarter the story looked good but after the correction that was taking place again in Bitcoin made a lot of people lose because by the time Bitcoin reached the price of $51K people thought Bitcoin would continue to hold at that price and some even assumed the price of Bitcoin would increase again. But I believe Bitcoin will recover. Be patient and don't despair. At least I feel at the end of this year there will be a surprise.

andriarto

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Quote from: mksundip on September 08, 2021, 11:22:12 PM

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2021 is like a drug in 2017 because many people are getting profit again in 2021. cryptocurrency prices have increased significantly. but the big question is how will the price of this crypto continue in 2022? if it can survive maybe altcoins can be more stable in the future. because usually based on experience in 2017/2018 hype crypto only lasts 1 year.

this is like a wish that came true after waiting 3 or 4 years since 2017 until now. the most important thing is the stability of the hype. I see if until the end of 2021 this can be stable or even until 2022 the market can still hold on to the increase. I am optimistic about it especially for the top 10 coins of coinmarketcap.

conditions are always changing. until now we see crypto is more stable. This is inseparable from the role of news that affects psychology on investors. let alone news about elsalvador and Cuba. of course this can lead to massive bitcoin adoption, so that it affects other altcoins

mksundip

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2021 is like a drug in 2017 because many people are getting profit again in 2021. cryptocurrency prices have increased significantly. but the big question is how will the price of this crypto continue in 2022? if it can survive maybe altcoins can be more stable in the future. because usually based on experience in 2017/2018 hype crypto only lasts 1 year.

this is like a wish that came true after waiting 3 or 4 years since 2017 until now. the most important thing is the stability of the hype. I see if until the end of 2021 this can be stable or even until 2022 the market can still hold on to the increase. I am optimistic about it especially for the top 10 coins of coinmarketcap.

wheelz1200

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Quote from: Adbitco on September 03, 2021, 08:02:37 AM

Good season for all altcoin
I have noticed this year has been so Good for all altcoin since from 2018/19 after the 2017 bloody season many project has been struggling to survive from the pains, 2020 would have been another favorable year but Covid-19 bounce each an everyone's door causing another great challenges, some of project that would have launched early 2020 folded and waiting for the air to clear so while many plans were delayed but this year every project seems to bounced back, what a great year!
i called this year a year of Doge Roll Eyes

And how do you see this year?

Honestly I think alts are going to take somewhat of a hit. 2022 might be a bad year. This run up has been insane in tes of percentage increases. With the market going sideways people might get itchy and start taking some profits. It won't continually go up and in the past Bears have come real hard, don't know if this will be any different. A lot of speculative trading going on right now.

poodle63

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Quote from: aylabadia05 on September 08, 2021, 12:29:04 AM

Each of us has a different way of thinking and that would be great in a discussion. If you say Ethereum is very emerging and growing so well this year, I don't argue, but Ethereum's price movement has no effect when Bitcoin's price rises to $52K.
Let's look at this time when all coins have a red graph, there is one coin whose graph is still green, namely Solana Coin. Or what if we put our minds to it by calling this Solana's year.

Maybe Ethereum price is not moving while Bitcoin is bullish and making a significant price increase caused by Ethereum already rising in price few days ago.
But unfortunately the price of Ethereum was also going down because bitcoin is going down as well. This means the price of altcoin even a coin like Ethereum that has big market capitalisation was still easily influenced.
But, solana was still rising as you said and it's already giving good return of investment and probably will give a lot more return of investment in the future.

Maslate

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Quote from: Adbitco on September 03, 2021, 08:02:37 AM

Good season for all altcoin
I have noticed this year has been so Good for all altcoin since from 2018/19 after the 2017 bloody season many project has been struggling to survive from the pains, 2020 would have been another favorable year but Covid-19 bounce each an everyone's door causing another great challenges, some of project that would have launched early 2020 folded and waiting for the air to clear so while many plans were delayed but this year every project seems to bounced back, what a great year!
i called this year a year of Doge Roll Eyes

And how do you see this year?

Since the start of this year 2021, the market had already been at its best market position, altcoins are performing well, and still, it sustains until of these days. Although we only have almost 4 months left in this year, I'm still confident that we ended up this year with such an amazing trend Bullish.

2021 is a great year for new projects like meme coins and NFT's. They are boldly in hype but not sure how they could stand it next year or they will lose their value next year.

jostorres

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Well as I wrote that yesterday,,, we are now back at 46k and granted I still think there is much more space for a new ATH but definitely at the pace we are going it cannot be the blasting moon run of 2017, which again strengthens what I said about this NOT being Bitcoin's year. At least,,, not compared to 2017. It is still a great year but the headlines are for sure defi and NFT Undecided

The half year was the year for bitcoin wasn't it? I mean I get that since early June or something we have started to fall, there was a fall from peak 64k to under 30k and we managed to recover a bit of it, even with the current fall we are at around 45-46 most of the time, so it is really not that bad is it? Start of the year was under 30k and right now we are over 40k+, how could that be a "bad year" for bitcoin?

I get that we had a huge fall, I get that we are not doing great "now" but that's about it, just because we can't broke ATH again this year, doesn't mean that it is not the year for bitcoin. I hope to see 60k+ again before this year ends, but if it doesn't end then I would still consider 2021 as the year of crypto.

monineklutak

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Quote from: 2tang on September 08, 2021, 09:37:23 AM

Quote from: Adbitco on September 08, 2021, 04:34:17 AM

Don't you think that this could be a merely news to let the market drop and they bag enough the currency??
i know too well as the crypto market is being driven by news and any information gotten from most of the firm believing this could be possible.

That's right, because in general, cryptocurrency market impulses are always influential through the news circulating, so it's also true that the correction in the past two days was influenced by bad news for cryptocurrencies.

News really has a big influence on market movements,
I hope good news will come in the future and for now just continue to follow developments,
What is certain is that the current cryptocurrency market condition is not stable

geegaw

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Quote from: aylabadia05 on September 08, 2021, 12:00:30 AM

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Quote from: aylabadia05 on September 06, 2021, 06:12:34 AM

It's the year of Bitcoin in my opinion because after 2017 Bitcoin just moved flat in the market. In my opinion, the year of Dogecoin is not suitable, because there are still many other Altcoins that have increased positively since the middle of this year. We also don't underestimate Dogecoin which can surprise the market because they can always make a difference.

The year of Bitcoin was 2017, yes it has gone up many more times in the past but it was at a small market cap, and not many people in it. 2017 was when there was so much retail interest it shot up over 20x. And remember,,, this was when BCH threatened to wipe BTC out, and ETH also and both failed:)

For sure this is a good year,,, but going from 20k to 60k is not exactly a great year to top 2017

It could happen again and Bitcoin will peak this year. $63K already happened despite the previous low in early January of $29,374 and it looked like Bitcoin would sink by then. I'm sure Bitcoin has a great story this year and will be a year full of drama.

The drama started again in the first few days of September as bitcoin retreated into ports of support and altcoins also suffered from this unexpected drama, it's hard for anyone to talk about the year-end situation, the face-up and flip-up cards are constantly appearing, making the drama more unpredictable than ever. Bet a lot of people are eyeing altcoins but it's especially difficult to spot a suitable entryway, the gates of death still abound and if one goes wrong, the end of the year will be sad for them.

2tang

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Quote from: Adbitco on September 08, 2021, 04:34:17 AM

Don't you think that this could be a merely news to let the market drop and they bag enough the currency??
i know too well as the crypto market is being driven by news and any information gotten from most of the firm believing this could be possible.

That's right, because in general, cryptocurrency market impulses are always influential through the news circulating, so it's also true that the correction in the past two days was influenced by bad news for cryptocurrencies.

Chato1977

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There are many coins that goes good but there are also others that remains lowering , also there are coin like Tron in which being expected to make some good growth but yet stays stagnant in its value .

but lets see within the year if there is another things good to happen.

Nasuhalugu

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Behind the current downturn in market conditions with Bitcoin ever reaching the highest price of $63K, I think this year is more of the year of Solana Coin and Bitcoin. Solana will be able to advance amid a wave of big Altcoin rivals like Ethereum and Binance Coin and I don't see Dogecoin coming back this year.

Adbitco

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Quote from: bakasabo on September 08, 2021, 02:32:53 AM

Quote from: TWW on September 08, 2021, 02:07:43 AM

because indeed the altcoin market is also in a bull rally so far. and we see a pretty deep correction this time. Entry momentum may be visible, although it is possible that we have not bottomed out yet. but to anticipate, regular purchases of long-term assets for now will definitely be profitable. many altcoins are on discount right now.

I dont think that yesterdays crash was caused by correction. According to bybt, nearly $3 billions of futures were liquidated yesterday and it caused that price drop.
But I agree that new options to entry new alts appear. I would buy an alt that probably lost the most in price yesterday. Solana probably might a good decision, as they plan to introduce smart contracts soon. But it also might be a risky investment, as Solana was on hype for quite a long time, and smart contracts might appear less cool than expected.

Don't you think that this could be a merely news to let the market drop and they bag enough the currency??
i know too well as the crypto market is being driven by news and any information gotten from most of the firm believing this could be possible.

bakasabo

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Quote from: TWW on September 08, 2021, 02:07:43 AM

because indeed the altcoin market is also in a bull rally so far. and we see a pretty deep correction this time. Entry momentum may be visible, although it is possible that we have not bottomed out yet. but to anticipate, regular purchases of long-term assets for now will definitely be profitable. many altcoins are on discount right now.

I dont think that yesterdays crash was caused by correction. According to bybt, nearly $3 billions of futures were liquidated yesterday and it caused that price drop.
But I agree that new options to entry new alts appear. I would buy an alt that probably lost the most in price yesterday. Solana probably might a good decision, as they plan to introduce smart contracts soon. But it also might be a risky investment, as Solana was on hype for quite a long time, and smart contracts might appear less cool than expected.

TWW

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Quote from: onecall123 on September 08, 2021, 01:52:41 AM

In my view, I think things are moving in the right direction for cryptocurrency in 2021. Some major institutions are on board, new adopters will be able to take advantage of a head start. It works out and major growth has been observed in mostly altcoins. Our current position is definitely a correction. The alts I have not yet bought because I am not convinced they have found their bottom yet. I bet most have to wait in line and sit on to get in.

because indeed the altcoin market is also in a bull rally so far. and we see a pretty deep correction this time. Entry momentum may be visible, although it is possible that we have not bottomed out yet. but to anticipate, regular purchases of long-term assets for now will definitely be profitable. many altcoins are on discount right now.

onecall123

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In my view, I think things are moving in the right direction for cryptocurrency in 2021. Some major institutions are on board, new adopters will be able to take advantage of a head start. It works out and major growth has been observed in mostly altcoins. Our current position is definitely a correction. The alts I have not yet bought because I am not convinced they have found their bottom yet. I bet most have to wait in line and sit on to get in.

aylabadia05

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Quote from: poodle63 on September 07, 2021, 09:05:09 PM

Quote from: aylabadia05 on September 06, 2021, 06:12:34 AM

It's the year of Bitcoin in my opinion because after 2017 Bitcoin just moved flat in the market. In my opinion, the year of Dogecoin is not suitable, because there are still many other Altcoins that have increased positively since the middle of this year. We also don't underestimate Dogecoin which can surprise the market because they can always make a difference.

Dogecoin or meme coins are full of surprises because it can pump very suddenly thats why it's speculative because if it can pump suddenly it can also get dumped suddenly but as I see this year, ETH already getting so high in price and I think this year the altcoin that grow so much is ETH.
Even if ADA has become the third market cap coin I think the market cap difference compared to ETH is still too big and maybe ADA is just replacing BSC in market cap while ETH is very bullish and can break the ATH anytime or it can be dumped again because market starting to become bearish.

Each of us has a different way of thinking and that would be great in a discussion. If you say Ethereum is very emerging and growing so well this year, I don't argue, but Ethereum's price movement has no effect when Bitcoin's price rises to $52K.
Let's look at this time when all coins have a red graph, there is one coin whose graph is still green, namely Solana Coin. Or what if we put our minds to it by calling this Solana's year.

aylabadia05

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Quote from: aylabadia05 on September 06, 2021, 06:12:34 AM

It's the year of Bitcoin in my opinion because after 2017 Bitcoin just moved flat in the market. In my opinion, the year of Dogecoin is not suitable, because there are still many other Altcoins that have increased positively since the middle of this year. We also don't underestimate Dogecoin which can surprise the market because they can always make a difference.

The year of Bitcoin was 2017, yes it has gone up many more times in the past but it was at a small market cap, and not many people in it. 2017 was when there was so much retail interest it shot up over 20x. And remember,,, this was when BCH threatened to wipe BTC out, and ETH also and both failed:)

For sure this is a good year,,, but going from 20k to 60k is not exactly a great year to top 2017

It could happen again and Bitcoin will peak this year. $63K already happened despite the previous low in early January of $29,374 and it looked like Bitcoin would sink by then. I'm sure Bitcoin has a great story this year and will be a year full of drama.

Topic: Good time for all ALTcoin - page 5. (Read 1068 times)