Topic: Is it harder for altcoins to increase in profits now? - page 2. (Read 916 times)
Bitcoin's price is really pumping and dumping at the moment, but it is more on pumping. I am hoping for alts to pump like bitcoin so we can earn big profits and enjoy trading.
While bitcoin price is acting like crazy (like today) its really hard to get profits from altcoins.
Almost 8.000 usd reached today for bitcoin and i have still hope on alts too.
Almost 8.000 usd reached today for bitcoin and i have still hope on alts too.
I think it is not difficult, because altcoin currently has a good price in the world of cryptocurrency and altcoin in the future will have an advantage. altcoin's current position is to be a counterweight to bitcoin.
Many coins, true, but it is very deceptive to think that if you buy a handful, you might get lucky with one. There are thousands of altcoins out there with new ones entering the scene so quickly it is hard to track. I am sure if you count the many coins, we might end up with 30 coins with 10x etc?
But with thousands to choose from, especially looking at price below 1 dollar and low market cap. You have less than 1% success rate. As you say, the difficulty to then identify the winner is just impossible. And no, I think it is not less or more difficult to achieve now, but more difficult to identify from a big crowd.
But with thousands to choose from, especially looking at price below 1 dollar and low market cap. You have less than 1% success rate. As you say, the difficulty to then identify the winner is just impossible. And no, I think it is not less or more difficult to achieve now, but more difficult to identify from a big crowd.
Many coins earlier this year has 10x, 50x, 100x etc. These are coins that are under 1 dollar etc.
I been looking at a few coins that are under 1 dollar. However the issue is the market cap for many of these coins are really high. If thats the case, does that mean a coin going from 10 cents to 1 dollar is much harder now than those other coins earlier on? Because everyone mentions look at the market cap. Because where are the altcoins that are under 1 dollar where the market cap is low then? So does that mean those altcoins that increased a lot in the top 25 all had a low market cap? If so why did they have a low market cap?
Also wouldn't it be very hard for a coin to 10x now even when 1 dollar or less? It doesn't seem like its easier to do anymore compared to those top 25 coins that just skyrocketed etc. I mean lot of coins costs cents and now are at least 50 cents which many are at least 5x or 10x now. If thats the case, does that mean its hard for coins now to do that compared to earlier?
I been looking at a few coins that are under 1 dollar. However the issue is the market cap for many of these coins are really high. If thats the case, does that mean a coin going from 10 cents to 1 dollar is much harder now than those other coins earlier on? Because everyone mentions look at the market cap. Because where are the altcoins that are under 1 dollar where the market cap is low then? So does that mean those altcoins that increased a lot in the top 25 all had a low market cap? If so why did they have a low market cap?
Also wouldn't it be very hard for a coin to 10x now even when 1 dollar or less? It doesn't seem like its easier to do anymore compared to those top 25 coins that just skyrocketed etc. I mean lot of coins costs cents and now are at least 50 cents which many are at least 5x or 10x now. If thats the case, does that mean its hard for coins now to do that compared to earlier?
look at the chaincoin,,
from yesterday this coin grow and hit more than 100%
and i think ,this only the beginning
Alts was created for long term purpose,(ofcourse not those damn scam and shitcoins)how ever we expect big amount from them thats why expectation fails us.since we bought them in such a low price.why not just set them aside and wait for thier time to bloom.thats the problem here in crypto.mostly expecting quick cash like those fews posting of how much they win or ewrn in a short period of time.but thats only few we should remember.it wont happen for all of us.be realistic,just go with the flow
For 100x possibility I think is low. But it's crypto so anything can happen. 10x easily, for long term.
Yes because of this continuing increase in the price of bitcoins. That resulted in the downfall of altcoins. This is due to the transfer of people to the BTC. Altogether these altcoins are sinking even more by every increase.
A lot of coins and tokens out there we will never know the real and the stable value to each one of them.Maybe in the future they can be a greater value for each coin.
All alts are in dip right now,but it will recover eventually i am holding my alts till january 2018.
Many coins earlier this year has 10x, 50x, 100x etc. These are coins that are under 1 dollar etc.
I been looking at a few coins that are under 1 dollar. However the issue is the market cap for many of these coins are really high. If thats the case, does that mean a coin going from 10 cents to 1 dollar is much harder now than those other coins earlier on? Because everyone mentions look at the market cap. Because where are the altcoins that are under 1 dollar where the market cap is low then? So does that mean those altcoins that increased a lot in the top 25 all had a low market cap? If so why did they have a low market cap?
Also wouldn't it be very hard for a coin to 10x now even when 1 dollar or less? It doesn't seem like its easier to do anymore compared to those top 25 coins that just skyrocketed etc. I mean lot of coins costs cents and now are at least 50 cents which many are at least 5x or 10x now. If thats the case, does that mean its hard for coins now to do that compared to earlier?
yes its hard to get lot of profit in altcoin as of now the price of bitcoin rise if you hold your bitcoin before the price go highI been looking at a few coins that are under 1 dollar. However the issue is the market cap for many of these coins are really high. If thats the case, does that mean a coin going from 10 cents to 1 dollar is much harder now than those other coins earlier on? Because everyone mentions look at the market cap. Because where are the altcoins that are under 1 dollar where the market cap is low then? So does that mean those altcoins that increased a lot in the top 25 all had a low market cap? If so why did they have a low market cap?
Also wouldn't it be very hard for a coin to 10x now even when 1 dollar or less? It doesn't seem like its easier to do anymore compared to those top 25 coins that just skyrocketed etc. I mean lot of coins costs cents and now are at least 50 cents which many are at least 5x or 10x now. If thats the case, does that mean its hard for coins now to do that compared to earlier?
you will get more profit the only possibility to get profit in altcoin if they get new feature or the incoming feature in roadmap become succesful
it will get more adoption and price will increase
I think only the market can answer the current price, we know the current price of alt is decreasing drastically and I am sure this trend will last until the end of the year
If you want to multiply your investment than you should buy tokens when they will start trading at lower than ICO price because of large dump coming from bounty hunters which is normal for most of the coins. Than wait for few months, if the project is real and team member behind it is working hard than you can easily get high return within few months.
It is quite hard nowadays to select promising coin out of pool of 1000s of alts so its better to stick with only few coins which you follow daily or atleast keep updated about. Don't just invest in what other's suggest.
It is quite hard nowadays to select promising coin out of pool of 1000s of alts so its better to stick with only few coins which you follow daily or atleast keep updated about. Don't just invest in what other's suggest.
You do not know 
there are coins which have billion dollar market cap and under $1 and have 1M market cap worth $152 etc.
there are coins which have billion dollar market cap and under $1 and have 1M market cap worth $152 etc.
Yes ah, most of the ico I recently invested in are at a loss, basically starting from the distribution of tokens, the price of tokens is lower than the issue price, so the recent investment is not recommended ico.
Many coins earlier this year has 10x, 50x, 100x etc. These are coins that are under 1 dollar etc.
I been looking at a few coins that are under 1 dollar. However the issue is the market cap for many of these coins are really high. If thats the case, does that mean a coin going from 10 cents to 1 dollar is much harder now than those other coins earlier on? Because everyone mentions look at the market cap. Because where are the altcoins that are under 1 dollar where the market cap is low then? So does that mean those altcoins that increased a lot in the top 25 all had a low market cap? If so why did they have a low market cap?
Also wouldn't it be very hard for a coin to 10x now even when 1 dollar or less? It doesn't seem like its easier to do anymore compared to those top 25 coins that just skyrocketed etc. I mean lot of coins costs cents and now are at least 50 cents which many are at least 5x or 10x now. If thats the case, does that mean its hard for coins now to do that compared to earlier?
The reason why the market cap is low for few altcoins is because they know if the supply is less along with lower price, apparently the demand for the coin will be higher than that of an altcoin with greater supply which also will be having a lower price.I been looking at a few coins that are under 1 dollar. However the issue is the market cap for many of these coins are really high. If thats the case, does that mean a coin going from 10 cents to 1 dollar is much harder now than those other coins earlier on? Because everyone mentions look at the market cap. Because where are the altcoins that are under 1 dollar where the market cap is low then? So does that mean those altcoins that increased a lot in the top 25 all had a low market cap? If so why did they have a low market cap?
Also wouldn't it be very hard for a coin to 10x now even when 1 dollar or less? It doesn't seem like its easier to do anymore compared to those top 25 coins that just skyrocketed etc. I mean lot of coins costs cents and now are at least 50 cents which many are at least 5x or 10x now. If thats the case, does that mean its hard for coins now to do that compared to earlier?
One of the main reasons why altcoins go up by 5x or 10x is because of the possibility of the altcoin getting listed in a major exchange or the team is trying to do something really good for a community or there is a buy back taking place.
The potential growth of a coin don't really matters in just the price. You should depend the market cap and not the price or its supply. Just like Ripple, it is very cheap but its market cap is already in billions because it has billions of supply.
Based on the potential the price of all the coin is raised.Even the price of bitcoin is based on the potential it was survive for the time period. Since the bitcoin is survive for the long periods it's price is automatically goes up.ETH is one of the altcoin is survive as like bitcoin and has it own value. If you have low capital go with ETH.
The potential growth of a coin don't really matters in just the price. You should depend the market cap and not the price or its supply. Just like Ripple, it is very cheap but its market cap is already in billions because it has billions of supply.
The reason we are having this low increase is because of the huge valuations of this ICOs, Stratis raised under a million, even Ethereum raised less than $20 million, what are all these new projects doing with over $20 million, a start up project
Altcoin down as deep as it can certainly go up again however
the increase is still relatively dependent on market enthusiasts and market demand and strength
alticoin buyers are fully decisive. when the price is too cheap
then automatically trading players alticoin trying to buy the coins
at a cheap time then sell it back when the price is high because that's it
high price then on sale again so the price dropped in buy again price up and down again.
I have some alticoin and do not know what to sell when ..
because the value is very low
the increase is still relatively dependent on market enthusiasts and market demand and strength
alticoin buyers are fully decisive. when the price is too cheap
then automatically trading players alticoin trying to buy the coins
at a cheap time then sell it back when the price is high because that's it
high price then on sale again so the price dropped in buy again price up and down again.
I have some alticoin and do not know what to sell when ..
because the value is very low
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