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Topic: Is this a bad time for altcoins? - page 5. (Read 3654 times)

hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
July 02, 2021, 02:05:44 PM
For whom a bad time and for whom a new opportunity to get rich Wink
I believe that there will be another visit to the high and therefore i'm already gradually buying coins.
there's no need to delay it again, friends while there is a chance and have unused money why not but with a note that the coins you buy are safe. in the sense that the coins you buy apart from the fundamentals are good, the charts are also supportive and the coins are stable.
because if you buy coins but the coins you buy only put forward pumps and dumps and promotions from billionaires I don't think it will be good
It depends on your choice, if you see it as a chance, it is just a chance to make money for you, however, if you see it as a bad time, it is just a bad time for you. Both of them are just true, but you should change your mind and try taking advantage of this situation, most altcoins have decreased, but as you know they will not stay at this price for a long time, the event of the market will change as always and at this time we need to make money instead of thinking so bad.
sr. member
Activity: 1610
Merit: 264
July 02, 2021, 01:39:06 PM
~
Losses for those who are looking for it as a long-term investment.
Profit for those who are along the waves of the pump and dump. It is a simple game for them and that's it.
Many altcoins are shitcoins in the end regardless of how good your research skills are.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
July 02, 2021, 12:58:21 PM
I think that if there is a great opportunity right now for the alts, however, you have to be careful in which Alt you can invest in. Many are relying much more on XRP, they do not care what is happening with the SEC, its speculative market value does not wait:

Quote
As a matter of fact, XRP was one of the worst-performing altcoins in the market in 2017. However, within 30 days, after Bitcoin’s $20k peak, XRP rallied by over 10x, thus bringing total gains for its cycle to 62,947%. Commenting on similar lines, popular analyst CredibleCrypto affirmed that XRP’s bull run is still pretty much intact. He said,

“Don’t count it out simply because it had a slow start.”
Source: https://ambcrypto.com/xrp-litecoin-when-to-expect-these-alts-to-take-off/

I like the approach that XRP has in these moments, it is time for many to make a very good investment in the currency, because now that BTC is in this volatility and relatively cheap, when it goes up, XRP will rise and there it is. where big profits will occur.
hero member
Activity: 1260
Merit: 510
July 02, 2021, 11:20:31 AM
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

it's true that the current meme coin has a high price compared to utility coins, behind it all there must be something highlighted on the meme coin such as a big promotion on twitter so that the coin becomes fomo,
sr. member
Activity: 1680
Merit: 263
July 02, 2021, 10:45:05 AM
Shit coin only pump and dump and it's diferrent with project who really has working product it will take a long time to develop. Shit coin only can pump with hype and after that the price will falling down.
Of course at this time there are a lot of shit coins that are popping up with projects that are not so clear that we are confused about holding the token and hoping the price will be like Doge Coin or other tokens that are very clear. project. This is where our foresight must be more thorough when conducting research on shit coins.
sr. member
Activity: 882
Merit: 250
July 02, 2021, 06:28:48 AM
Shit coin only pump and dump and it's diferrent with project who really has working product it will take a long time to develop. Shit coin only can pump with hype and after that the price will falling down.
purely speculation if traders have shitcoin in their bag, fomo and shilling be their way to make new buyer attracted. but if we talk about quality , they have no usefull product or usecase in their own ecosystem or market ecosystem. there are two ways to earn profits in market, first we could invest in this kind of coins, but not in long term this project will die and ofcourse we should becarefull if its happen to us.
member
Activity: 574
Merit: 10
Gistcoin
July 01, 2021, 09:17:23 PM
this is common in the crypto market because of a good marketing strategy, good advertising makes investors or the general public will be interested and will enter in this project and will become a big market one day.
full member
Activity: 1736
Merit: 116
July 01, 2021, 08:27:10 PM
I agree it's not a good thing to buy altcoins that are only used for pump and dump, if we force investment in altcoins like that, what is there is not
the profit that we get. But we can experience losses, therefore it is very important to choose altcoins that are indeed worth buying. Although
the current market conditions are bad for some altcoins, there is still a chance for us to profit from altcoins. The most important thing is to do
the best analysis and research, so that we can choose good altcoins for investment.
If you managed to watch how the market is moving for the past weeks, and you sort which asses is good to invest your money, not just meme coins but real solid project that supported by real usages,

Having enough funds to support your investment is very important, you'll not be shaken if there's something wrong or if there's some fall that tak place while you have those coins inside your wallet.

You'll able to wait for the next bounce to collect your profits and avoid making mistake, always perform your DYOR!

If we notice that in recent weeks the movement of some altcoins is quite volatile, so we can take advantage of making profits through scalping.
Indeed, having cold money is an important factor when investing in altcoins, when market conditions change beyond expectations,
then we do not need to rush to use stop-loss. But we can be patient waiting for the price of coins to rise again, if we do DYOR correctly,
supposedly making a profit from altcoins is not that difficult.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
June 28, 2021, 11:33:44 AM
For whom a bad time and for whom a new opportunity to get rich Wink
I believe that there will be another visit to the high and therefore i'm already gradually buying coins.
there's no need to delay it again, friends while there is a chance and have unused money why not but with a note that the coins you buy are safe. in the sense that the coins you buy apart from the fundamentals are good, the charts are also supportive and the coins are stable.
because if you buy coins but the coins you buy only put forward pumps and dumps and promotions from billionaires I don't think it will be good

I agree it's not a good thing to buy altcoins that are only used for pump and dump, if we force investment in altcoins like that, what is there is not
the profit that we get. But we can experience losses, therefore it is very important to choose altcoins that are indeed worth buying. Although
the current market conditions are bad for some altcoins, there is still a chance for us to profit from altcoins. The most important thing is to do
the best analysis and research, so that we can choose good altcoins for investment.

If you managed to watch how the market is moving for the past weeks, and you sort which asses is good to invest your money, not just meme coins but real solid project that supported by real usages,

Having enough funds to support your investment is very important, you'll not be shaken if there's something wrong or if there's some fall that tak place while you have those coins inside your wallet.

You'll able to wait for the next bounce to collect your profits and avoid making mistake, always perform your DYOR!
member
Activity: 644
Merit: 10
June 28, 2021, 09:20:37 AM
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

I think crypto is the power of money, a lot of good projects like CREAM, Minexcoin, Eidoo and many more died, judging from their whitepaper it's very good, but because they don't have money they can't compete with new altcoins.
full member
Activity: 1736
Merit: 116
June 28, 2021, 06:49:36 AM
For whom a bad time and for whom a new opportunity to get rich Wink
I believe that there will be another visit to the high and therefore i'm already gradually buying coins.
there's no need to delay it again, friends while there is a chance and have unused money why not but with a note that the coins you buy are safe. in the sense that the coins you buy apart from the fundamentals are good, the charts are also supportive and the coins are stable.
because if you buy coins but the coins you buy only put forward pumps and dumps and promotions from billionaires I don't think it will be good

I agree it's not a good thing to buy altcoins that are only used for pump and dump, if we force investment in altcoins like that, what is there is not
the profit that we get. But we can experience losses, therefore it is very important to choose altcoins that are indeed worth buying. Although
the current market conditions are bad for some altcoins, there is still a chance for us to profit from altcoins. The most important thing is to do
the best analysis and research, so that we can choose good altcoins for investment.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
June 28, 2021, 06:35:52 AM
I don't think it's a bad time for altcoins right now. altcoins that have strong fundamentals continue to grow and the team works professionally. so don't ever assume something that you don't know in detail

Every altcoin are affected at this time, the only difference is some are affected with higher percentage drop than others, example like solana (sol) is still holding strong despite how most coins were affected,  only very few coins have similar capacity like solana.
I agree with you. Indeed, Solana (SOL) is starting to move up again after experiencing a correction from its highest price. Most likely Solana (SOL) will push the price up towards its highest price even more.

This is no doubt one of the greatest altcoins project, one of the most profitable in the last bull run, its market is getting bigger and we will soon see a lot of projects building on the solana platform. If some investors were able to invest or bought it below $1, they should be in big profit now, but we should not stop dreaming from here, because it could rise as $100 each or even $1000 like ETH.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
June 28, 2021, 05:39:35 AM
I don't think it's a bad time for altcoins right now. altcoins that have strong fundamentals continue to grow and the team works professionally. so don't ever assume something that you don't know in detail

Every altcoin are affected at this time, the only difference is some are affected with higher percentage drop than others, example like solana (sol) is still holding strong despite how most coins were affected,  only very few coins have similar capacity like solana.
I agree with you. Indeed, Solana (SOL) is starting to move up again after experiencing a correction from its highest price. Most likely Solana (SOL) will push the price up towards its highest price even more.
Solana was one of strongest altcoin when crypto market down sharply. Solana fundamental looks strong , and many investors switching their assets into this project, if we another altcoin dump but solana could rise alone in market . Even it drop solana recovery very fast in compare to another coin.

I think that at the moment, on the contrary, it is a very good time for altcoins. Now is the time to buy coins for good projects. Because in the future, the price of demanded coins will grow, as BTC and ETH will still show their growth. And together with them, projects that are needed for technology in general have useful potential.
only good altcoin will survive in this bearish trend , even ethereum and binance price could drop alot since bitcoin dumped. Project with good technology will have attention from investors now , moreover if it could resolve problem that occur in crypto market.
member
Activity: 1078
Merit: 15
June 27, 2021, 02:17:55 PM
For whom a bad time and for whom a new opportunity to get rich Wink
I believe that there will be another visit to the high and therefore i'm already gradually buying coins.
there's no need to delay it again, friends while there is a chance and have unused money why not but with a note that the coins you buy are safe. in the sense that the coins you buy apart from the fundamentals are good, the charts are also supportive and the coins are stable.
because if you buy coins but the coins you buy only put forward pumps and dumps and promotions from billionaires I don't think it will be good
sr. member
Activity: 1680
Merit: 259
June 27, 2021, 01:58:23 PM

It's only natural that traders who still lack experience seeing conditions like today feel panicked,
with potential coins I don't think we need to be afraid and panic,
the market is currently experiencing a major correction so it may take some time to bounce back
Herein lies the mistake of beginners. because when they panic they immediately sell all the assets they have causing huge losses and they will immediately complain about bad crypto and will regret it when the price starts to creep up again.
and here the role of reading and increasing knowledge is needed at least even though we are still beginners we don't need to panic and start playing it safe especially when it comes to the money you have
full member
Activity: 1456
Merit: 120
Buzz App - Spin wheel, farm rewards
June 27, 2021, 01:46:03 PM
It's a paradox, but it's just like that, and I can also explain it: people want to do their x10 quickly, they are not interested in fundamental fundamentals, the only thing that counts is a lot of profit and immediately, that's why this hysteria is around strange coins.

Precisely they thought it was beef fast food without seasoning, they shouted slogans and scarecrows with great exaggeration. Altcoins are in a destructive retracement, because most things have been satisfied and quantified too high.

Quote
Yep, its a good reasoning, same like how people interested on Ponzi and another scam, they manipulated to have a quick and high profit.

And among that reason, a series of defi projects on polygon or bsc are covering mats. And they happily call it rocket science. Lol

member
Activity: 616
Merit: 12
The Standard Protocol - Solving Inflation
June 27, 2021, 01:34:40 PM
Some quality projects need enough time to developed. Strong project can bear the great pressure particularly during bloody time where shitcoins could be in doom. When bull run they may fly x20 or greater depends on the updates and market condition.
Quality projects takes alot of time to build before coming out, an example of such project is dfinity, the project took over 2years plus before the mainnet was launched and at the launch it was listed on all top exchanges in the crypto space, quality projects can withstand the bloody times because they have an incentive to pump later on, whilst meme coins will be in dooms day because they actually have nothing good to offer other than being a gamble coin.
fvb
member
Activity: 1470
Merit: 13
June 27, 2021, 11:19:34 AM
I think that at the moment, on the contrary, it is a very good time for altcoins. Now is the time to buy coins for good projects. Because in the future, the price of demanded coins will grow, as BTC and ETH will still show their growth. And together with them, projects that are needed for technology in general have useful potential.
full member
Activity: 1120
Merit: 101
June 27, 2021, 11:09:20 AM
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

Most of the project is based on their market structure, some shitty coin you found out there today has a good marketing strategies. Investor are easily convinced what they see despite the reputation of the project.
when you can see more and more shitcoins on the market. they come and are listed on the exchange just for us to see and without project development. then something bad will happen to this market.
We have seen many incidents with many altcoin scams destroying the altcoin market.
if you look at it now, of course, you will focus on shitcoins from projects with a BSC network that is very easy to create and then listed on exchanges just to cheat. Such situations should be avoided. more successful projects will help the growth of the market. but on the other hand, if there are more scams or shitcoin projects it will make the altcoin market worse.
member
Activity: 555
Merit: 10
June 27, 2021, 08:25:18 AM
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

Most of the project is based on their market structure, some shitty coin you found out there today has a good marketing strategies. Investor are easily convinced what they see despite the reputation of the project.
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