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Topic: How it everyone feeling during this altcoin crash? - page 7. (Read 3160 times)

copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!

Investing in altcoins is very similar to gambling, sometimes even though investing in new altcoins can be profitable and vice versa, it is very difficult to assess which altcoins can provide long-term profits because investing is for the long term, so it is not recommended to invest in altcoins and if you still want to do it, you must understand the big risks involved.
In my opinion, altcoins are only suitable for the short term and never be tempted by news of people who have succeeded many times over in altcoins because the comparison is small compared to those who lose or only make a few percent profit.

Absolutely, Investing in alt coin can indeed be like gambling due their extreme volatility. However, this statement doesn't hold true  when we talk about leading alts such as Ethereum, BNB and Solana as they always show resilience and stability, even when market is under pressure. Hence, accumulating these alts during the significant dips is always beneficial in the long term. DYOR

In summary, it is always wise to approach investing in alt coins with due diligence and through research and only invest what you can afford to lose.
sr. member
Activity: 1579
Merit: 267
In every altcoin crash i feel that it will recover as usual but sometimes some alts from my ownr portfolio just stay doomed for the eternity
Some people do end up investing in wrong altcoins, that’s why when their is a dump, some of them will never survive the dump. If we investing in altcoins, then it should be in strong altcoins, but most people are always looking for new coins which they will invest their money, and they will be expecting massive pump, which some of them will never see the pump, rather the project is going to die. The best investment is bitcoin, but if you are investing in altcoins, then it should be strong altcoins, and not shitcoins, if you invest in strong altcoins, you will have little confidence compare to investing in weak altcoins.
Investing in altcoins is very similar to gambling, sometimes even though investing in new altcoins can be profitable and vice versa, it is very difficult to assess which altcoins can provide long-term profits because investing is for the long term, so it is not recommended to invest in altcoins and if you still want to do it, you must understand the big risks involved.
In my opinion, altcoins are only suitable for the short term and never be tempted by news of people who have succeeded many times over in altcoins because the comparison is small compared to those who lose or only make a few percent profit.

You have to be consistent. Put a long on.
sr. member
Activity: 1579
Merit: 267
It's like Ada at 30 cents. Fine with me.

Car owners know what you talk about when you say: "Cheap gasoline".
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
In every altcoin crash i feel that it will recover as usual but sometimes some alts from my ownr portfolio just stay doomed for the eternity
Some people do end up investing in wrong altcoins, that’s why when their is a dump, some of them will never survive the dump. If we investing in altcoins, then it should be in strong altcoins, but most people are always looking for new coins which they will invest their money, and they will be expecting massive pump, which some of them will never see the pump, rather the project is going to die. The best investment is bitcoin, but if you are investing in altcoins, then it should be strong altcoins, and not shitcoins, if you invest in strong altcoins, you will have little confidence compare to investing in weak altcoins.
Investing in altcoins is very similar to gambling, sometimes even though investing in new altcoins can be profitable and vice versa, it is very difficult to assess which altcoins can provide long-term profits because investing is for the long term, so it is not recommended to invest in altcoins and if you still want to do it, you must understand the big risks involved.
In my opinion, altcoins are only suitable for the short term and never be tempted by news of people who have succeeded many times over in altcoins because the comparison is small compared to those who lose or only make a few percent profit.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
Well now we are going to really start to feel the crash. Alt coins are down so much and my crypto portfolio is all in the Red.

In just last week Eth down 30%, Sol down 37%, Doge down 37%. This is why we all must HODL and not become so worried with how the market is. There is going to be some news this week we will have to wait and see how it will affect this.

Absolutely, we all are feeling the pain of seeing portfolio going down to the extent of 50% or even more. This situation is continuing without any pause and we don't know where is the bottom. Bitcoin is currently trading around $53K and Bitcoin dominance index is 56.2% which indicates funds are moving out from alt coins and into Bitcoin. Let's hope for some positive news from political front that could spark hope for recovery.



Wow, it was 50k when I last checked. I hope for the better, however, I do believe there will be some dips to come, as there are many factors that can contribute to that ( I mean, in the news field, which we will feel on the market when they come into motion).

I think we might see Bitcoin making short recovery upto $56K but most likely it will be short lived and market may fall again and consequently alt coins may bleed further, There are many reasons behind such a huge crash of $20K ( from 70K to 50K). Middle east conflict and increase in interest rates in Japan after many decades has created negative sentiment in the market. I think FOMC emergency meeting will be scheduled soon to discuss current crash of financial markets and take necessary action. DYOR
copper member
Activity: 280
Merit: 5
Well now we are going to really start to feel the crash. Alt coins are down so much and my crypto portfolio is all in the Red.

In just last week Eth down 30%, Sol down 37%, Doge down 37%. This is why we all must HODL and not become so worried with how the market is. There is going to be some news this week we will have to wait and see how it will affect this.

Absolutely, we all are feeling the pain of seeing portfolio going down to the extent of 50% or even more. This situation is continuing without any pause and we don't know where is the bottom. Bitcoin is currently trading around $53K and Bitcoin dominance index is 56.2% which indicates funds are moving out from alt coins and into Bitcoin. Let's hope for some positive news from political front that could spark hope for recovery.



Wow, it was 50k when I last checked. I hope for the better, however, I do believe there will be some dips to come, as there are many factors that can contribute to that ( I mean, in the news field, which we will feel on the market when they come into motion).
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
Well now we are going to really start to feel the crash. Alt coins are down so much and my crypto portfolio is all in the Red.

In just last week Eth down 30%, Sol down 37%, Doge down 37%. This is why we all must HODL and not become so worried with how the market is. There is going to be some news this week we will have to wait and see how it will affect this.

Absolutely, we all are feeling the pain of seeing portfolio going down to the extent of 50% or even more. This situation is continuing without any pause and we don't know where is the bottom. Bitcoin is currently trading around $53K and Bitcoin dominance index is 56.2% which indicates funds are moving out from alt coins and into Bitcoin. Let's hope for some positive news from political front that could spark hope for recovery.

copper member
Activity: 280
Merit: 5
Well now we are going to really start to feel the crash. Alt coins are down so much and my crypto portfolio is all in the Red.

In just last week Eth down 30%, Sol down 37%, Doge down 37%. This is why we all must HODL and not become so worried with how the market is. There is going to be some news this week we will have to wait and see how it will affect this.

The opportunity is closing up, I think that with the news in the world, we can have another big dip, but afterward, the recoil should be worth it.
member
Activity: 854
Merit: 30
I couldn't resist and bought a few more of my stronger alts this morning - when they are 25% down in just a few days you have to take advantage.

I am now done buying unless we drop another 15% but I'm hoping we do not get to that stage and we can recover soon.

legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Well now we are going to really start to feel the crash. Alt coins are down so much and my crypto portfolio is all in the Red.

In just last week Eth down 30%, Sol down 37%, Doge down 37%. This is why we all must HODL and not become so worried with how the market is. There is going to be some news this week we will have to wait and see how it will affect this.
copper member
Activity: 280
Merit: 5
Just woke up to another massive crash and my portfolio is now -6%  Shocked

First time in 2024 my portfolio has been minus - it has been a brutal few weeks, particularly the last week.

I am holding strong and will not panic sell - I do feel like this is heavily manipulated where the big boys want us average person to panic and leave crypto so only they can profit in the next 6-12 months.

Surely at some point we can expect a big bounce as the big boys will want to take advantage of this low Bitcoin price and I will be in profit again soon but let’s see what the next few days hold.

Stay strong, brother! Spot will lead the way Wink I felt that dip too, it's another opportunity to go a little bit deeper with BTC, ETH, TON, SOL, but we may see the drop going on for some days following what happened on Japan's exchange.
member
Activity: 854
Merit: 30
Just woke up to another massive crash and my portfolio is now -6%  Shocked

First time in 2024 my portfolio has been minus - it has been a brutal few weeks, particularly the last week.

I am holding strong and will not panic sell - I do feel like this is heavily manipulated where the big boys want us average person to panic and leave crypto so only they can profit in the next 6-12 months.

Surely at some point we can expect a big bounce as the big boys will want to take advantage of this low Bitcoin price and I will be in profit again soon but let’s see what the next few days hold.
sr. member
Activity: 1008
Merit: 407
I ❤️Bitcoin
~~
I am buying some dips but mainly just holding during these times and hoping we recover in the coming weeks.
Hmm, that's a good idea !
I am also filling my wallets, I intend to take advantage of this dip to buy Altcoins in exchange for a part of my investment amount, so that I can slowly make Altcoins a part of my portfolio. If Bitcoin takes Utrun, it is the best opportunity to buy Altcoin. 

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When will this crash stop? and how is everyone feeling?
To be honest, my eyes are on Bitcoin. Even when Bitcion turned the sentiment positive, we can see recovery in Altcoin, otherwise it is not possible. That means, at this time, I think everyone's feelings are connected to one thing and that is to confirm the support of Bitcoin, which has become a concern. Anyway, on the recovery of Bitcoin, people's feelings in the market can be seen as positive. 

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I have it in my mind we still have a few more months till alt season so I am just holding on for now.
Yep I agree with you that for the Alt season we still have to wait more, i.e., a few months or next year, so we can get good profit margins. For now, just hodling will be better. I will have to wait until Bitcoin flies over its ATH.
sr. member
Activity: 882
Merit: 456
Top-tier crypto casino and sportsbook
In every altcoin crash i feel that it will recover as usual but sometimes some alts from my ownr portfolio just stay doomed for the eternity
Some people do end up investing in wrong altcoins, that’s why when their is a dump, some of them will never survive the dump. If we investing in altcoins, then it should be in strong altcoins, but most people are always looking for new coins which they will invest their money, and they will be expecting massive pump, which some of them will never see the pump, rather the project is going to die. The best investment is bitcoin, but if you are investing in altcoins, then it should be strong altcoins, and not shitcoins, if you invest in strong altcoins, you will have little confidence compare to investing in weak altcoins.
member
Activity: 854
Merit: 30
It is brutal at the moment and I didn’t think I would fall all the way down to break even again but it’s getting pretty close as my portfolio is now only +3%.

I think I was +143% in March at the Bitcoin all time high - I knew there would be bumps in the road for this bull run but didn’t expect us to crash this low again but I will hold strong and hopefully in a few weeks will turn around again because this crash has been going on a while now.
newbie
Activity: 238
Merit: 0
At this junction i'm honestly tired! Even all the dips i bought are now dipper Cry i just hope to see the bull market soon so i can reap the fruit of my labour. Anyways i will be using airdrops to hold myself for now and the little rewards from BingX listintgs, i just know i will survive this phase.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
In every altcoin crash i feel that it will recover as usual but sometimes some alts from my ownr portfolio just stay doomed for the eternity

I agree with your opinion and it is also learning from my own experience of 7 years in cryptocurrencies landscape that eventually market always recovers after every crash though it might take longer than expected time, typically Bitcoin takes the lead, with  alts following it a little bit later.

It is important to note that all altc coin will not recover in bullish market, therefor invest in alts after through research and in vest only in those coins which are backed by professional team who create real life use case of their coin.

member
Activity: 149
Merit: 12
In every altcoin crash i feel that it will recover as usual but sometimes some alts from my ownr portfolio just stay doomed for the eternity
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
My altcoin portfolio was +83% on the 9th June but is now +51% just 9 days later.

I am buying some dips but mainly just holding during these times and hoping we recover in the coming weeks.

When will this crash stop? and how is everyone feeling?

I have it in my mind we still have a few more months till alt season so I am just holding on for now.

You are correct that our portfolio of cryptocurrencies is significantly down  since political tensions were escalated in the Meddle East which has caused slump in all financial markets including Bitcoin and other digital currencies. Technically speaking, Bitcoin might slide down to $57K where strong support lies. We might see this price in the next week and it can further lower the alts market.

As we all understand, alts market is dependent on Bitcoin and goes up and down with it. I think alts market will start performing once Bitcoin breaks $73K which is likely to happen near the elections in the USA and political tension in the Middle East start easing.
hero member
Activity: 3108
Merit: 537
Leading Crypto Sports Betting & Casino Platform
I always try to understand that it's just big sales even like black friday but sometimes it's really getting hard to believe that my alts will recover

some alts really down bad that it touched bottom floor that recovery gonna be hard, even if the alt go up 5x it still won't break even for some of the people that bought at the top.
this is why at the end stage of bullrun investing in alt that's less known always not a good idea, the time frame for investing in small alts are when market just entering bullish when people are greedy.
holding it for long term most of the time just didn't work out.
after all many alts actually just VC coin where VC just gonna dump their allocation as soon as it got unlocked.
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