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Topic: Is this a bad time for altcoins? - page 7. (Read 3654 times)

newbie
Activity: 114
Merit: 0
June 22, 2021, 01:58:40 PM
I bought CRPT crypterium.com/crpt cuz it's a long term run! Grin Grin
sr. member
Activity: 2002
Merit: 250
June 22, 2021, 10:50:16 AM
yes, we have to accept the current conditions, the market turned red and the majority of the coins fell. could there still be a benefit in the current state, for someone who still has money in stock, maybe they use this kind of situation to buy, and expect the market to go back up. but for the people who are already trapped, maybe they can just shut up and endure. It is also possible that they will sell their coins, because they are still afraid the market will fall even deeper.
Those who sell their coins for fear that the market will fall even further are people who do not have extra patience, because if they sell them now, they will automatically lose because they bought at a higher price.

usually amateur traders who always take the wrong action for fear that the market price will fall deeper, but if their coin is a potential altcoin they should be able to wait for the right time to come back even though it takes a not so short time
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
sr. member
Activity: 1876
Merit: 264
June 22, 2021, 10:19:42 AM
yes, we have to accept the current conditions, the market turned red and the majority of the coins fell. could there still be a benefit in the current state, for someone who still has money in stock, maybe they use this kind of situation to buy, and expect the market to go back up. but for the people who are already trapped, maybe they can just shut up and endure. It is also possible that they will sell their coins, because they are still afraid the market will fall even deeper.
Those who sell their coins for fear that the market will fall even further are people who do not have extra patience, because if they sell them now, they will automatically lose because they bought at a higher price.

usually amateur traders who always take the wrong action for fear that the market price will fall deeper, but if their coin is a potential altcoin they should be able to wait for the right time to come back even though it takes a not so short time
sr. member
Activity: 543
Merit: 250
June 22, 2021, 07:53:30 AM
yes, we have to accept the current conditions, the market turned red and the majority of the coins fell. could there still be a benefit in the current state, for someone who still has money in stock, maybe they use this kind of situation to buy, and expect the market to go back up. but for the people who are already trapped, maybe they can just shut up and endure. It is also possible that they will sell their coins, because they are still afraid the market will fall even deeper.
Those who sell their coins for fear that the market will fall even further are people who do not have extra patience, because if they sell them now, they will automatically lose because they bought at a higher price.

It is not always about patience only, it could also be about necessities. Some have invested more than they can afford to lose. For them it just means calculating what kind of loss they can bear. Kind of like a mental stop loss barrier. If we reach certain points, some investors will be forced to sell no matter what.
jr. member
Activity: 840
Merit: 6
June 22, 2021, 03:11:16 AM
New money enters the market, pumps a meme coin then gets dumped on by insiders
sr. member
Activity: 2156
Merit: 323
June 22, 2021, 12:53:55 AM
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

There is no Bad nor Good time in cryptos, the main issue is, can we learn the law of timing, because it's very normal for the dump or bad times, real trader always prepared for the so called bad time. Now if our timing is always appropriate, bad or good, we can earn a good profit.
Exactly, It's up to your mentality settings how you act during downtrend. Since, market won't guarantee endless uptrend we need to get ready to bargain either time is bad or good. I choose this time as accumulate period since so much opportunities out there and anyone would prefer to buy and hold till the end of 2022.
hero member
Activity: 2114
Merit: 562
June 22, 2021, 12:17:38 AM
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

There is no Bad nor Good time in cryptos, the main issue is, can we learn the law of timing, because it's very normal for the dump or bad times, real trader always prepared for the so called bad time. Now if our timing is always appropriate, bad or good, we can earn a good profit.
member
Activity: 588
Merit: 10
-ethernity cloud-
June 21, 2021, 11:24:10 PM
We can say this time is a pretty bad time for altcoins as all coins are red in market.
aside from it, I think this is will be a good chance for us to invest at their lowest price and we can sell them in the future to gest profit.
in my opinion and based on history, I think altcoins will pump up again in the future.
full member
Activity: 1526
Merit: 111
Pepemo.vip
June 21, 2021, 10:57:21 PM
Those coins are just carried out by the hype of influential people, so lots of investors are deciding to buy it instead of coins with better potential, but their hype wouldn't last since they don't have real function. As for me, it's still better to stick with potential coins rather than putting our trust in coins that are just carried by the hype and being manipulated by huge names.
even though they don't have good fundamentals, altcoins that only take advantage of the hype usually also have the support of big investors who actually get the opportunity to get more profits. those who have large capital can definitely get good control in the market. just need to create a positive sentiment in the community and that can make these altcoins get the hype.
the advantage will only be those who are right in the momentum.
and the momentum seemed to only come once. if we miss it then who knows how many years it will come back, or even become a dead coin. that's why we monitor the altcoins we invest more often, because if a dump occurs then hope seems lost to profit from altcoins, especially new projects
TWW
full member
Activity: 1456
Merit: 109
June 21, 2021, 09:40:37 PM
Those coins are just carried out by the hype of influential people, so lots of investors are deciding to buy it instead of coins with better potential, but their hype wouldn't last since they don't have real function. As for me, it's still better to stick with potential coins rather than putting our trust in coins that are just carried by the hype and being manipulated by huge names.
even though they don't have good fundamentals, altcoins that only take advantage of the hype usually also have the support of big investors who actually get the opportunity to get more profits. those who have large capital can definitely get good control in the market. just need to create a positive sentiment in the community and that can make these altcoins get the hype.
the advantage will only be those who are right in the momentum.
full member
Activity: 1708
Merit: 126
June 21, 2021, 09:30:37 PM
Those coins are just carried out by the hype of influential people, so lots of investors are deciding to buy it instead of coins with better potential, but their hype wouldn't last since they don't have real function. As for me, it's still better to stick with potential coins rather than putting our trust in coins that are just carried by the hype and being manipulated by huge names.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
June 21, 2021, 06:06:52 PM
at this moment we see bad situation for cryptocurrency market, many FUD spreaded from CHina which is have strong power and influence to crypto market. Looks like we will continuesly suffer by bad news till bitcoin reach 20k price and we will see more blood in altcoin price too. if we want to invest in altcoin we should wait for a moment till bitcoin reach dip on around 20k or 13k. it will have lower risk than starting right now.
sr. member
Activity: 1358
Merit: 253
June 21, 2021, 10:21:49 AM
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

There is nothing bad with altcoins, presence of more than 10,500 listed on coinmarketcap is certainly a good thing, intense competition will keep only the good altcoins surviving.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
June 21, 2021, 10:03:36 AM
This is a bad for altcoins as all coins are red in market but this is the right time for investor to buy altcoins at their lowest prices and sell them in future when price will reach maximum price. The pump of altcoins is still pending so wait for the Pump and buy altcoins as many as you can.

I agree with you, this red market is a good opportunity to grab and don't miss or else you will regret not buying at the dip. The market now is not good but after this red market all coins will moving upward to follow bitcoin trend.
You may not rush buying altcoins because you saw their prices are fallen. You must have to check it first before considering this as an opportunity, coz I'm afraid if this could just bring you losses instead of aiming for a profit.
Actually, we're not yet in the bearish season that you will say it is the best position to buy coins. I suggest waiting until the market is finished with this downtrend. Coz I see a better opportunity when the prices started to recover than in a declining trend just like now.
member
Activity: 1764
Merit: 10
June 21, 2021, 09:37:51 AM
The correction of the cryptocurrency market has begun and therefore all cryptocurrencies suffer, including altcoins and meme coins, of course, recently meme coins are very popular and many of meme coins have grown very well in price, but it is only a matter of time when these meme coins will fall to low values or they will die altogether, so you always need to invest in meme coins with huge fear, since these meme coins can simply depreciate at any time.
hero member
Activity: 1582
Merit: 502
June 21, 2021, 07:51:20 AM
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
altcoins are indeed an option of choice to get a lot of profits, you have to be patient to get big profits, there are so many that make altcoins experience a decrease in bitcoin prices suddenly up and down and high, so altcoins don't go up immediately, it takes time for it to go higher, wait for bitcoin to be more stable Meme coin is more known and liked by many people, so many buy it and the price also tends to rise because of the increasing interest of investors.
yes I agree with you, we need to be patient in holding altcoin investments if we want bigger profits. Don't panic with prices that are going down sometimes this is indicated because bitcoin is going down, I think if bitcoin has gone up they will also go up. Maybe just a few coins that sometimes have no effect . But what is certain is that it is a good analysis.
hero member
Activity: 1386
Merit: 731
Leading Crypto Sports Betting & Casino Platform
June 21, 2021, 04:09:04 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.
Yes, everything will have its time and in general now is the time to buy some good coins at the lowest price point, because when all the downturns in the market are over, then every coin will experience another new ATH in the market.
copper member
Activity: 1815
Merit: 1004
Campaign Management & Translation Services
June 21, 2021, 03:51:59 AM
This is a bad for altcoins as all coins are red in market but this is the right time for investor to buy altcoins at their lowest prices and sell them in future when price will reach maximum price. The pump of altcoins is still pending so wait for the Pump and buy altcoins as many as you can.
hero member
Activity: 882
Merit: 628
June 21, 2021, 02:57:08 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.
sr. member
Activity: 798
Merit: 250
BabelFish - FISH Token Sale at Sovryn
June 21, 2021, 02:46:17 AM
not only altcoin but all kind of coin is falling,even memecoin has falling too, hype cannot fight with market condition and only can fly when market is going bullish.
now when market is turn to red, memecoin/hype project will be get the biggest effect from this market.

yes, we have to accept the current conditions, the market turned red and the majority of the coins fell. could there still be a benefit in the current state, for someone who still has money in stock, maybe they use this kind of situation to buy, and expect the market to go back up. but for the people who are already trapped, maybe they can just shut up and endure. It is also possible that they will sell their coins, because they are still afraid the market will fall even deeper.
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