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Topic: Not all altcoins will recover (Read 626 times)

hero member
Activity: 2702
Merit: 540
DGbet.fun - Crypto Sportsbook
September 24, 2021, 04:50:54 PM
#99
For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
Whenever you do make out investment then you should really be wise on making out decisions specially on the coins you are tending your do get involved with.You should be aware on how this market
works and at least you are aware on how you would be handing out your funds when it comes to investment.This isnt some simple buy and sell thing because due to unpredictability of the
market then this is what makes even more harder for you to do so.Recovery is there but the probabilities wont really be as always.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
September 24, 2021, 03:49:48 PM
#98
I strongly agree that it is impossible for all altcoins to recover and return to stability.
so everything also depends on market conditions, both bullish and bearish, and the factor of the altcoin price itself.
I could attest that until now, most of the altcoins I purchased 4 years ago are still worthless now, though some of them still are in exchanges they are not moving like I expect them to move. The problem with holding a lot of altcoins is that you will miss monitoring every update of each coin, and that would result in a big loss especially if teams decided to do a swap.
hero member
Activity: 1190
Merit: 543
fillippone - Winner contest Pizza 2022
September 24, 2021, 02:23:14 PM
#97
I agree with you that not all coins are good to invest, because not all altcoins will increase, therefore we have to do an in-depth analysis of the coins we want to invest, in my opinion even coins that are in the top 10 of CMC are not necessarily profitable.  if we can't determine the ideal time to buy or sell the coins.
Let's see logically now, is it possible for a coin to be in the top 10 of CMC without a lot of interest and volume in the exchange? because they (coins) can be in the top 10 for sure for some reason and one of them is because many are interested, so how come they are not good in your opinion?
There is no way a coin will be in top ten and it will not have value. The rating increase by the way investors buy more of the coin in 24 hour interval or more. The coin market cap and volume is another important factor that help to keep a coin at the front of being on top. More investors seeing it at the top level will like to patronize the coin.
member
Activity: 658
Merit: 10
September 24, 2021, 01:05:16 PM
#96
I strongly agree that it is impossible for all altcoins to recover and return to stability.
so everything also depends on market conditions, both bullish and bearish, and the factor of the altcoin price itself.
full member
Activity: 1946
Merit: 112
September 24, 2021, 12:39:50 PM
#95
For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.

I probably agree with you, because as the practice of the last few years shows, not all altcoins were able to reach their new ATHs or show great growth. I believe that this is due to the large number of altcoins on the market, which leads to a lot of competition, and as you know, in such a struggle, the hardest survive, and the weak leave the market. But in order to be the holder of the best altcoins, you need to turn to at least the top 100 altcoins, for example, on Coinmarketcap and analyze their price movement and development. Perhaps this will allow you to choose the best and invest in them.
legendary
Activity: 2716
Merit: 1383
September 24, 2021, 11:59:36 AM
#94
Look at the meme tokens now, most of them died already because they are useless in this market and that’s why they can’t exist even longer. We have to look for a more established coins or token if you’re going to invest make sure its worth it.
The issue is that many people are not really thinking when they take those important decisions, they let hype take over and invest in whatever is popular at the moment but if the coin does not have a real use then it will eventually disappear, even the most famous meme coin in this market which is dogecoin has a real use, if you want to send cheap and fast transactions on-chain then dogecoin is the best coin for the job so it is not wonder why those meme coins disappeared so quickly.
Among the altcoins and meme coins, we could find such huge competition in order to survive. A lot of altcoins did a good start but later on, they'll gone(exit scam) which makes investors are too careful to invest and only those projects that have a use case will get attention and these shitcoins keep rejected. That is why we can say that not all altcoins aren't meant to succeed as it will rely on the project how it performed.
Unfortunately only a very small amount of investors are careful enough to avoid those kind of coins, most investors are not really like that, and this is even more true for those that are newbies, they want to obtain profits fast and obviously the best way to do that is to invest in a new altcoin while its price has not skyrocketed yet, but the problem with that is that for every decent altcoin that we have in the market there are probably hundreds of altcoins that will never amount to anything and that will make anyone that invest in them lose their money.
hero member
Activity: 3234
Merit: 774
🌀 Cosmic Casino
September 24, 2021, 06:45:48 AM
#93
but a lot of tokens on the market are just shitcoins.
True.
If you're going to count them in percentage, they're more than 90% and even can go as high as 95%-99%. And while we see the dip happening lately.
We'll see a lot of alts will not recover, I think.
sr. member
Activity: 520
Merit: 250
KUWA.ai
September 23, 2021, 11:05:54 PM
#92
10% maybe too much, I see now the altcoins in the public are in the thousands. I prefer maybe 5% because it's better tokens are few but potentially, but a lot of tokens on the market are just shitcoins.
You also have to be able to sort out the shitcoin category with potential coins, because not all of them become shitcoins and that 10% increase is also often found by everyone on every coin that has potential and is already in a good category.
full member
Activity: 812
Merit: 100
September 23, 2021, 10:35:20 PM
#91
I can say only 10% of total altcoins would survive after bullrun on the end of this year/early next year. Most of them will die without any progress or development (all of their purpose is only want to earn quick money through ICO, IEO, IDO or anything else from investors).
10% maybe too much, I see now the altcoins in the public are in the thousands. I prefer maybe 5% because it's better tokens are few but potentially, but a lot of tokens on the market are just shitcoins.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
September 23, 2021, 07:05:09 PM
#90
For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
True, this statement should be announced on the entire forum. Even though people called this "altcoin season" but in the reality it's not all of the coins are having the good "season", sometimes those coins are instead having a bad ones. Make sure to not be blind with the hype and still do the research on whatever coins you are interested to invest on, it's just to make sure you are investing on the right coins.
sr. member
Activity: 504
Merit: 250
September 23, 2021, 06:37:09 PM
#89
For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.

Definitely not. The market is notoriously cruel to projects that have no sound fundamental basis for existing.

I think that people need to realize that just because cryptos go up in general, doesn't mean that their positions will go up alongside with the rest of the market.

This is why you diversify and buy a lot of good coins and not just hope for one moonshot by holding one single coin.
newbie
Activity: 134
Merit: 0
September 23, 2021, 01:01:48 PM
#88
The most hyped app next month gonna be RE:WATER You can stake any shitcoin you have and farm $WTR token. Literally any. When people realize the potential - token will explode

Water tokens can be thought of as the backing of any crypto token. And the RE: WATER infrastructure itself, which consists in the production and distribution of Water, gives a universal function to any tokens.

In other words, if you have tokens of some crypto-Project that participates in RE: WATER, these tokens are more likely to survive and become more expensive.

If you have water, it’s all the same now as you live in an African country and you have American dollars. This is cooler than local tokens or even tokens from neighboring African countries.

Pour into the water. As long as it's not devilishly expensive https://www.rewater.io/
hero member
Activity: 3010
Merit: 794
September 22, 2021, 03:12:56 PM
#87
Not all coins get a bounce when bitcoin gets healthy.  Some projects new are mostly pumped from dev to create excitement.  So we need to have a ready plan for what is long term and what is a gamble.  The top coins are the sentiment benchmarks for the market, bitcoin and eth.
Even for the top coin there is also no potential to return to its previous price if bitcoin has recovered, make sure the analysis is right before buying any coin and make sure the project has big news in the next few weeks as support to revive the coin price even though the market is still crashing.
Nothing is guaranteed  even for a top altcoin because if you do try to look or do compare on what the market looks like in previous years then you could really say that every coin could be potentially be replaced by something better.

Even though Bitcoin is still cant really be replaced but its not an assurance and lets really mind off with this probabilities because this is something that wont be precisely predicted.
Recovery is there but only into those who do have actual usage and demand in the community,
legendary
Activity: 1163
Merit: 1005
September 22, 2021, 02:57:21 PM
#86
Not all coins get a bounce when bitcoin gets healthy.  Some projects new are mostly pumped from dev to create excitement.  So we need to have a ready plan for what is long term and what is a gamble.  The top coins are the sentiment benchmarks for the market, bitcoin and eth.
Even for the top coin there is also no potential to return to its previous price if bitcoin has recovered, make sure the analysis is right before buying any coin and make sure the project has big news in the next few weeks as support to revive the coin price even though the market is still crashing.
sr. member
Activity: 2352
Merit: 349
September 22, 2021, 12:56:10 PM
#85
You are saying right. When market rebounds, The strong projects pump first, and after that the other coins pump. Shit coins takes long time to recover. But the good coins recovers very fast. And it is the best opportunity to make money when market takes a dump. When market dumps, altcoins are available at cheap prices. And the coin pump when the buyers buy coins. And buyers buy the most traded or the most popular altcoins not all.
Mostly it happens because very easy to say buy low and sell high in practical It's very difficult to implement this in most cases new projects give some good profit in start but in second year we have real output about them that is this project going to survive or now because mostly peoples have good profit in start and no one like to check team or project just profit is enough for them.

Right now we have very long list of dead coins which are not doing anything as developers leaves and investors lost big amounts because in start they have good promises which never fulfill now better thing is going by investors just investing in top ranked coins which are much better for them and their investments.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
September 22, 2021, 10:06:30 AM
#84
You are saying right. When market rebounds, The strong projects pump first, and after that the other coins pump. Shit coins takes long time to recover. But the good coins recovers very fast. And it is the best opportunity to make money when market takes a dump. When market dumps, altcoins are available at cheap prices. And the coin pump when the buyers buy coins. And buyers buy the most traded or the most popular altcoins not all.
ofcourse investors prefer take safe action with their investment by buying major currency or another good project that have usefull usecase or utility. less investors will care to shit coin which is truely only be speculation asset for gaining huge profits in short term. this kind of coins will take longer time to recovery if compared with major coins.

full member
Activity: 673
Merit: 106
September 22, 2021, 09:11:03 AM
#83
Not all coins get a bounce when bitcoin gets healthy.  Some projects new are mostly pumped from dev to create excitement.  So we need to have a ready plan for what is long term and what is a gamble.  The top coins are the sentiment benchmarks for the market, bitcoin and eth.
member
Activity: 812
Merit: 53
September 22, 2021, 05:44:51 AM
#82
You are saying right. When market rebounds, The strong projects pump first, and after that the other coins pump. Shit coins takes long time to recover. But the good coins recovers very fast. And it is the best opportunity to make money when market takes a dump. When market dumps, altcoins are available at cheap prices. And the coin pump when the buyers buy coins. And buyers buy the most traded or the most popular altcoins not all.
sr. member
Activity: 1876
Merit: 318
September 21, 2021, 06:34:07 PM
#81
There's a lot of coins that turns out to be dead a long time ago, and this time of no assurance in cryptocurrency; only those who got promising potential would come to success. Recovery is a tentative situation for all of them, even those with huge numbers of holders won't prosper because of volatile market. That why long term traders should observe and study their asset more often to avoid huge loss in their capital investments.

Many people forget that investing in crypto is a high-risk activity, because the wrong choice of coins for investment can result in big losses.
So it is better for people who really want to invest in crypto always be careful by doing research and analysis first, before finally deciding
to invest in cryptocurrency. Because the reality is that not all coins are good for investment and holding in the long term.
sr. member
Activity: 952
Merit: 250
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 21, 2021, 06:21:27 PM
#80
There's a lot of coins that turns out to be dead a long time ago, and this time of no assurance in cryptocurrency; only those who got promising potential would come to success. Recovery is a tentative situation for all of them, even those with huge numbers of holders won't prosper because of volatile market. That why long term traders should observe and study their asset more often to avoid huge loss in their capital investments.
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