Hello everyone! Do you still have confidence in altcoin? - page 19.

rodskee

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Quote from: mo on May 23, 2020, 11:09:35 AM

At present, the market condition of altcoin is not very good, the exchange rate of BTC is getting lower and lower, and many altcoins have been unmaintained. Even if the development team still insists, the price is very miserable! The blow to the entire team is not small, I am afraid it is difficult to persevere. Now there are a few questions that I want to discuss with you:
1. In your life, when would you use cryptocurrencies to shop? We know that people like to use cryptocurrencies in the dark web.Is general life shopping necessary?
2. If you use cryptocurrency for payment, what currency will you prefer to choose and why?
3. At present, the altcoin market is very bleak. Do you think this is a buying opportunity?
4. What do you think is the easiest to implement in Altcoin's future application scenarios and will attract more users!

Thanks all replies

Altcoin is composed of thousands of coins aside from bitcoin so generally this cannot be addressed to individual coins
but the whole so how that comes to the issue?bitcoin
being the Rank 1 currency is maybe not in good condition now but don't forget that volatility will pull this up and
now we are on that chance looking at the market
movement.i think EThereum and Ripple as Altcoin are doing well now and the opportunity of growing together with
bitcoin is always there so yeah lets not stop the support
,Buy Bitcoin and Buy altcoin also,if you cannot see the good things now then wait for at least the end of this 2020
coz things might change for good.

rexxarofmoknathal

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Quote from: Jocuserious on May 28, 2020, 09:05:17 AM

Yes believe few altcoins and for every altcoins unknown confidence. Do not hold every altcoins then you have no chance for make profits even it's chance for loss money. However, crypto market growth is to unknown inform, therefore keep investing in top altcoins' where you have to good chance for future benefits.

Like many people on here already expressed the absurdity of this question, and their relentless trust in the crypto and alt coins system I cannot but state that altcoins are also important investments any crypto enthusiast should consider. Particularly, the coins with most market cap such as etherium, tezos, litcoin and such, these are coins with a lot of trust and infrastructure based system built around them. These are sure at least some of the ones to keep monitoring closely

Furryball

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It's really sad how worse many altcoins have performed since last altcoin season, I do hope it's going to make a come back, I have many altcoins currently sleeping in my portfolio hoping that altcoin season while return but the chances are very slim

Zackgeno96

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Quote from: Winscosinally on May 28, 2020, 08:37:41 AM

Not every altcoins, some altcoins will bring you nothing but sad stories in the end, since project teams are humans like us we can never predict what they will do with their project in future, I'd say do not rely on a altcoin and diversity is the only way to avoid the unexpected

But I guess, those tokens having pretty good social media interactions and marketing are mostly promising and also give good returns on investment, whereas those IEO having very less popularity aren't even close to the ones having huge social media following. Also I have seen in the past that the IEO which have a developer team with past success are always money making for the investors. So that is the reason I still invest in altcoins and also believe that they still hold value and can provide you with a good return on investment.

Jocuserious

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Yes believe few altcoins and for every altcoins unknown confidence. Do not hold every altcoins then you have no chance for make profits even it's chance for loss money. However, crypto market growth is to unknown inform, therefore keep investing in top altcoins' where you have to good chance for future benefits.

Winscosinally

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Not every altcoins, some altcoins will bring you nothing but sad stories in the end, since project teams are humans like us we can never predict what they will do with their project in future, I'd say do not rely on a altcoin and diversity is the only way to avoid the unexpected

rahmatullah9305

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Quote from: Byakuga on May 28, 2020, 08:17:30 AM

Yes I have hope in some altcoins, it's really not a good time for altcoins but no one knows what will happen next, crypto keeps growing bigger every year, there is hope that bullish market will return sooner or later, all you need to do is pick the gems and hold

Yes, no one really knows what will happen next, but when you say "crypto continues to grow bigger every year" it looks like you knowingly, even though in the first sentence you already said that henceforth we won't know what will happen This means we cannot make predictions 100% on any Altcoin. But in the second sentence you instead become knowledgeably in this matter Grin

TastyChillySauce00

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Quote from: memed97 on May 28, 2020, 07:56:07 AM

Quote from: Greatchu on May 28, 2020, 06:20:22 AM

Since 2018 it feels like all hope is gone for altcoins, only top altcoins are performing bit better but new and low market cap altcoins aren't showing good sign but alas things can change anytime sooner, I'm just hoping that history should repeat itself, hopefully, fingers crossed for now

It's hard to repeat things that have already happened, although it still can but it still won't be the same as before, so it never hurts to hope for the best, but remember, it will not be the same as before, because every year there are always changes in conditions that are not we ever thought.

First of all, in the past the whole market is overhyped and I'm talking about altcoin market specifically. Everything that's overhyped usually will not end well and crypto is not an exception in this case and now the market is a lot more stable than before although not as "good" as before same thing happened to stocks and many more.

Byakuga

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Yes I have hope in some altcoins, it's really not a good time for altcoins but no one knows what will happen next, crypto keeps growing bigger every year, there is hope that bullish market will return sooner or later, all you need to do is pick the gems and hold

Adnanzzz

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Most people will direct you to their bags. Most people are hoping that a bigger fool will come along and pump their bags.
If you want to be certain of nice returns then find a token that's really needed in an ecosystem that has adoption and great potential. That way you're not dependent on anyone else but the project you invest in. Unfortunately it's not easy finding such a project.

I personally believe the GET protocol is such a project and I see it giving huge returns driven by adoption and great tokenomics.

Read this blog to find out why:

https://medium.com/@adnanzzz/the-bullish-case-of-get-protocol-451ad6059f2d

It's a pretty long blog but I promise it's worth your time if you give it a go

memed97

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Quote from: Greatchu on May 28, 2020, 06:20:22 AM

Since 2018 it feels like all hope is gone for altcoins, only top altcoins are performing bit better but new and low market cap altcoins aren't showing good sign but alas things can change anytime sooner, I'm just hoping that history should repeat itself, hopefully, fingers crossed for now

It's hard to repeat things that have already happened, although it still can but it still won't be the same as before, so it never hurts to hope for the best, but remember, it will not be the same as before, because every year there are always changes in conditions that are not we ever thought.

WSDN

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Quote from: Greatchu on May 28, 2020, 06:20:22 AM

Since 2018 it feels like all hope is gone for altcoins, only top altcoins are performing bit better but new and low market cap altcoins aren't showing good sign but alas things can change anytime sooner, I'm just hoping that history should repeat itself, hopefully, fingers crossed for now

It will be difficult to happen again but nothing is impossible because this market is receiving great attention from the community and in recent years a lot of news related to this market makes people understand better. Of course, nothing has been confirmed yet, but I hope the altcoin season can come back again soon because this is the only place I can make money and become richer.

Ken_terrance

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Yes there are few altcoins I believe will grow big I'm future, they will surely bring huge profits, for example Tezos, I won't be surprised if it surge to 10$ per one, there are others too like Harmony, make sure you are into one or more DeFi projects, it's awareness is increasing, they are demanding

LogitechMouse

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Quote from: mo on May 23, 2020, 11:09:35 AM

1. In your life, when would you use cryptocurrencies to shop? We know that people like to use cryptocurrencies in the dark web.Is general life shopping necessary?

TBH, I didn't tried to use Bitcoin or any crypto to shop but I'm converting my Bitcoins to our own currency and that is what I'm using to buy some things online. Crypto is heavily used in dark web especially those privacy coins like Monero. I will use crypto to shop if there are some establishments who are willing to accept it.

Quote from: mo on May 23, 2020, 11:09:35 AM

2. If you use cryptocurrency for payment, what currency will you prefer to choose and why?

Bitcoin, Ethereum and Litecoin.
I maybe accept more cryptocurrencies in the future but for now these 3 are the cryptos that I will accept whenever I have a business.

Quote from: mo on May 23, 2020, 11:09:35 AM

3. At present, the altcoin market is very bleak. Do you think this is a buying opportunity?

It is hard to say if this is the buying opportunity right now because altcoins are very hard to predict. What I suggest right now is to just buy the altcoins which are constantly upgrading and the developers are still updating. Community and trust of the altcoin will help you too.

Quote from: mo on May 23, 2020, 11:09:35 AM

4. What do you think is the easiest to implement in Altcoin's future application scenarios and will attract more users!

No idea with this.

Greatchu

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Since 2018 it feels like all hope is gone for altcoins, only top altcoins are performing bit better but new and low market cap altcoins aren't showing good sign but alas things can change anytime sooner, I'm just hoping that history should repeat itself, hopefully, fingers crossed for now

Kong Hey Pakboy

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Quote from: zaim7413 on May 28, 2020, 05:09:43 AM

Quote from: joseyphil82 on May 28, 2020, 02:12:53 AM

Every loves Bitcoin the most but my advice is to consider some altcoins, yea altcoin season is not here yet but thing s can change at any point in time, altcoins have more profits than Bitcoin because they are still cheaper and once pumps occur they become highly profitable

Yes, some good Altcoins are worthy to be owned and liked, meaning that not all Altcoins are worthy to have because only a few can benefit when there is a sudden pump, so not all Altcoins can benefit us, and most of Altcoin is just more quickly makes us poor.

There are really some altcoins that are still worthy to be owned in a long term, especially those top altcoins in the market. But there are more altcoins that are not worthy to hold and owned because they are not well developed and the team members are not active to improve their coin.

zaim7413

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Quote from: joseyphil82 on May 28, 2020, 02:12:53 AM

Every loves Bitcoin the most but my advice is to consider some altcoins, yea altcoin season is not here yet but thing s can change at any point in time, altcoins have more profits than Bitcoin because they are still cheaper and once pumps occur they become highly profitable

Yes, some good Altcoins are worthy to be owned and liked, meaning that not all Altcoins are worthy to have because only a few can benefit when there is a sudden pump, so not all Altcoins can benefit us, and most of Altcoin is just more quickly makes us poor.

bukham88

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- for online shop shopping transactions generally now most only accept BTC while transactions using altcoin are still very rare,
- market conditions some time ago were very bleak, it was the right time to buy it, but now it is still right to buy it because the crypto market hasn't gone up completely, so don't wait to buy it again
- For strategy, you can use online games to increase crypto interest

irixo10

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Quote from: mo on May 23, 2020, 11:09:35 AM

At present, the market condition of altcoin is not very good, the exchange rate of BTC is getting lower and lower, and many altcoins have been unmaintained. Even if the development team still insists, the price is very miserable! The blow to the entire team is not small, I am afraid it is difficult to persevere. Now there are a few questions that I want to discuss with you:
1. In your life, when would you use cryptocurrencies to shop? We know that people like to use cryptocurrencies in the dark web.Is general life shopping necessary?
2. If you use cryptocurrency for payment, what currency will you prefer to choose and why?
3. At present, the altcoin market is very bleak. Do you think this is a buying opportunity?
4. What do you think is the easiest to implement in Altcoin's future application scenarios and will attract more users!

Thanks all replies

To reply to your title which is a question, yes I do have confidence in altcoins but it depends on the type of altcoin, that is, I trust 90% of major altcoins while newer coins takes 10% because they are highly risky. Now to the other questions, yes I would use cryptocurrencies to shop once the possibility is there. For the cryptocurrency to use, I will go for ETH or BTC. For the market, I will wait more and the area where altcoins can attract more users will likely be in the gaming industry.

lienfaye

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Quote from: joseyphil82 on May 28, 2020, 02:12:53 AM

Every loves Bitcoin the most but my advice is to consider some altcoins, yea altcoin season is not here yet but thing s can change at any point in time, altcoins have more profits than Bitcoin because they are still cheaper and once pumps occur they become highly profitable

You're right its been 2 years since we last witness an altcoins season and I think some investors are losing confidence and trust for waiting. It takes patience in order to earn in crypto, if you dont have it then you might really end up selling your assets. Many prefer bitcoin now rather than alts but if you're a believer of alts you wont be discourage to hold even it takes a long period.

Topic: Hello everyone! Do you still have confidence in altcoin? - page 19. (Read 17613 times)