Is this a bad time for altcoins? | Bitcointalksearch.org

martina14

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Quote from: ashmodeus on June 14, 2021, 03:15:21 AM

let say every good project, have a whales inside it , and whenever big "movement" come , they immediately sold all of it. so what about meme coins ? mostly just a amateur trader who come for x100 ++ and real whale inside that project, that why sometimes we see different movements.

How about shiba Inu sir? isn't this was one of the memes coins now in the cryptocurrency?
And yet it has been listed into a different exchange site platform whether it is DEX or Centralized exchange.
How are you gonna view on this matter dude? though you were right, all new project had their own whale
investors.

Wildwest

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It all depends how they work in developing the project, sometimes we see many new projects that grow so fast and beat this old coin all must be the hard work of the team in promoting their project, so it develops so fast and the marketing they apply is also supported by many communities so that the price increase is very sharp and can beat others.

mdzahed134

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It's because the meme coins are trendy, that's why many meme coins flying out of nowhere. You know in the crypto industry if there is trendy happening people will get into it but this meme coins are so risky investments because some of them are no project, it just a meme like dogecoin we don't know if it can last. Better to invest that has a real projects because they are better than a meme coins.

Now how much MEME coins are coming i don’t think which comparable with DOGE coins. Doge launched in few years ago it’s old and top rank coin and of course some use cases in the market. So, i don’t think actually it's a MEME coin. No people’s will invest in MEME coin for long running investment. If hype will finish than it’s will 0 value.

zaim7413

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Quote from: coinic on August 07, 2021, 06:43:43 AM

For me Altcoins is a transparent coin which even there's a big chances to drop it's price but more than that many of them is so promising right now.. I can see the most interesting way to hold an altcoin which I truly appreciate also the greatness of an altcoin.

Altcoins are indeed many kinds now, but you can also see that if an Altcoin whose platform is already alive and is used by many new token developers, then it will be slightly different from Altcoins in general.

ZaraCB

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Quote from: pelumi20 on August 05, 2021, 04:49:31 PM

This is not a very good time for altcoins in the market. Almost all the altcoins in the market have

I don't understand what you mean. Most altcoins are now priced higher. A few days ago Bitcoin was $29000 and now Bitcoin is $45000, ETH of $1700 is now $3200. So how do most altcoins lose more than 50% of their value?

Kitaiev

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This question worries many people. I think the main reason for such phenomena is the greed of people and the desire to make money quickly. Those who buy meme coins generally do not give themselves enough information in the situation of how they actually risk.
Most people don't want to get rich slowly... that's the reason.

pelumi20

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This is not a very good time for altcoins in the market. Almost all the altcoins in the market have lost more than 50% of their value. It's not a good time to invest in altcoins now. You just need to sit on your hands and watch.

JahriMeayer

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Its all about the way as they marketing and convinced users to join with them! new comers easily get convinced and buy those token, besides team also try hard to up their shitcoins, even some whales also join with them behind the coins movement. After making fly of shitcoins, they sold that and dump the market and let investors alone to red oceans. Adjectly this is the same thing what elon do with doge and now keep silence

cliber

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Quote from: LemonMaker on June 14, 2021, 02:39:51 AM

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

From what point of view the meme coins are not so attractive that it seems that these coins are not prioritized too much, in terms of sales or from the number of coins that are too many, Indeed meme coins are designed in very large numbers.

So that it is very different from BTC or other coins which are very limited in number like BTC, can you give an idea about this meme coin, so we can discuss it further?

Because as far as I know BTC itself was once at a price that people weren't interested in even though now BTC is a bone of contention for everyone to invest.

whiteblue

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Quote from: anandaijun on July 13, 2021, 01:51:46 AM

It's a common thing in the friends market. Right now we can't say bad times for Altcoins. Every investor would be interested in such a project. Because in my opinion, investors only see how a project carries out a marketing strategy.

Yes, but ordinary things can also make someone bored with it even though it is a very common thing, because good marketing is always not easy for every project in a bad condition.

crazy-pilot

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I can't say that now is a bad time. Many altcoins are trading 50% below their peaks, personally I expect another 25% fall, but this is not critical and not necessary.
That is, by buying altcoins now, you are unlikely to go into too big a minus in the event of a downtrend.

bots1

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Quote from: LemonMaker on June 14, 2021, 02:39:51 AM

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

If you mean the downward trend in altcoin prices, I think the trend started a few months ago and also the decline in bitcoin and altcoin prices due to china and some other countries banning cryptocurrencies. but rest assured the drop in altcoin prices is a common occurrence in the crypto market. Coins that have strong fundamentals and real utility will survive and have great potential in the future.

sulendra12

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Quote from: Kitaiev on August 08, 2021, 05:00:57 AM

Those who buy meme coins generally do not give themselves enough information in the situation of how they actually risk.
Most people don't want to get rich slowly... that's the reason.

People that took the meme coins as their investment is probably one of us people that only joining the hype and just following what stuff are famous currently. If they see Dogecoin is popping off that day, then they just follow it on what people also do it and once they lose, they start blaming the coins instead of themselves, what a shame.

konflikkastil

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I will go straight to answer your question before I give you my thoughts and points. The time for altcoins is now, infact altcoins Market is really doing well presently. It all depends on which of the coins you are dealing with now. We should understand something, every time us not the time to sell when you have made so much profit of the coins you have in your portfolio. There are times to buy more whenever the price of the coin is down. When the market is deep, then you will see lot of sellers, wisdom demands you should buy at that time, cause when the price goes up. You make cool cash. And the reason why legit coins not doing well and shit and meme coins doing so well is as a result of the kind of energy the team behind such coin is putting in the project. How good is there marketing. And we're they able to bring in good investors. These are the most important things that matters a lot.

Fredomago

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Quote from: Nazmul012 on August 07, 2021, 05:20:25 PM

Shitcoins may fly but only for short moments to catch Investors. we shoud better avoid it. If you already known about that shitcoin but afterwards if you buy it for make short profit, then of course you make a wrong step and You’ll be responsible for that. Crypto industry is like a game, if you don't have proper idea then don’t participate with it, you should only recommended to stay around safe zone barrier

But if indeed you catch the right train then it will bring decent, if you are not greed and able to sell before any dump take place, shitcoins have no assurance if you are going to benefits.

More on high risk and ends up losing your money, best to keep sorting the market and find decent projects that have real usages and good community support. Developers who keeps updating and community that are actively following the development.

Tash

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In the long term there is no good time for altcoins.
LemonMaker should know

MarjorieZimmermanGinger

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Quote from: LemonMaker on June 14, 2021, 02:39:51 AM

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

Legitimate coins have a high reputation, won't hurt in fact they are more likely to slowly rise in the market, are usually more transparent and have very real uses, which is why such coins don't disappear quickly in the market.

There are some coin memes that don't pay attention to this, so all they do is pattern profit, basically they don't pay attention to the level of trust people have in investing in the coin, it will eventually continue. labeled with bad coins and trash.

Nazmul012

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Shitcoins may fly but only for short moments to catch Investors. we shoud better avoid it. If you already known about that shitcoin but afterwards if you buy it for make short profit, then of course you make a wrong step and You’ll be responsible for that. Crypto industry is like a game, if you don't have proper idea then don’t participate with it, you should only recommended to stay around safe zone barrier

coinic

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Quote from: LemonMaker on June 14, 2021, 02:39:51 AM

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

For me Altcoins is a transparent coin which even there's a big chances to drop it's price but more than that many of them is so promising right now.. I can see the most interesting way to hold an altcoin which I truly appreciate also the greatness of an altcoin.

romero121

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Nothing as good/bad time with cryptocurrency. The market changes with time based on the demand to supply, the level of adoption, major companies participation. Whales play and so many factors. It is us to study the market in a better way and make the earnings out of it.

There are people who make an earning from crypto investment/trading unlike the bull/bear trend of the market. This isn't possible to be achieved all the time. Anyhow its a big thing and our minds need to think in such a positive note.

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