People are losing confident and interest in altcoins - page 4.

flemmings02

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Quote from: thenextking on June 20, 2019, 11:13:57 PM

Do you think it ever going to be recovered and if you think, yes, then how long?

I think altcoins will recover after bitcoin is fully recovered and reached a new all time price, the spread of scamming altcoins, useless products and real use case for a lot of altcoins led to the fall of so many of them with investors losing their investments along the line that's why it is hard for altcoins to recover for now.

Vishnu.Reang

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Quote from: Aldrinx00 on June 26, 2019, 10:44:23 PM

I think in a couple of months before altcoin season begin because bitcoin is still dominating the market and I can feel it will still make more gains and altcoins will be stagnant. Well no one really knows what will happen we just need to be careful on how we trade and be patient.

This is just wishful thinking. "Altcoin season" may never come. In a couple of months, Bitcoin dominance may reach the 70% level, from the current level of 63%. I won't be too surprised even if reaches 75% or 80%. For now the alts are holding strong against the USD, although they are declining against BTC. If the trends persist and BTC moves toward 20K, then the alts can lose value against USD as well, as a lot of users may rush to purchase BTC with whatever funds they have with them.

Aldrinx00

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I think in a couple of months before altcoin season begin because bitcoin is still dominating the market and I can feel it will still make more gains and altcoins will be stagnant. Well no one really knows what will happen we just need to be careful on how we trade and be patient.

kynaz

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Quote from: Deborah Christine on June 26, 2019, 10:24:29 PM

Quote from: thenextking on June 20, 2019, 11:13:57 PM

Do you think it ever going to be recovered and if you think, yes, then how long?

I think not everyone loses confidence in the altcoin. Instead they take this good opportunity to buy potential altcoins because the price is still cheap. Don't worry too much and panic if you want to improve. The important thing is not to buy bad coins, buy good coins and potential such as ETH, BNB, TRX, etc.

The opportunity will happen to those with great patience but your investment list is old and we should have more new options at this time. I often look for new coins that have just been released in the last few months to invest because if it is a project that people are interested in, the ability to raise prices is much higher than other old projects. Maybe I will still have a lot of risks when investing so I only spend a few assets to participate in new projects, the rest I will only keep Bitcoin

Vishnu.Reang

sr. member

Activity: 1988

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Quote from: Deborah Christine on June 26, 2019, 10:24:29 PM

Quote from: thenextking on June 20, 2019, 11:13:57 PM

Do you think it ever going to be recovered and if you think, yes, then how long?

I think not everyone loses confidence in the altcoin. Instead they take this good opportunity to buy potential altcoins because the price is still cheap. Don't worry too much and panic if you want to improve. The important thing is not to buy bad coins, buy good coins and potential such as ETH, BNB, TRX, etc.

Are you sure about this? Because the trading volumes indicate something else. Coins such as BNB have lost more than one-third of their value (vs BTC) during the past 7 days. If there was a lot of demand for BNB, then this would have never happened. The daily volumes have remained higher than the average and the most popular trading pair was BNB-BTC. Only one conclusion can be drawn from this data. And that is, users are selling their altcoins to purchase Bitcoin.

Deborah Christine

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Activity: 864

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Quote from: thenextking on June 20, 2019, 11:13:57 PM

Do you think it ever going to be recovered and if you think, yes, then how long?

I think not everyone loses confidence in the altcoin. Instead they take this good opportunity to buy potential altcoins because the price is still cheap. Don't worry too much and panic if you want to improve. The important thing is not to buy bad coins, buy good coins and potential such as ETH, BNB, TRX, etc.

yokai21

jr. member

Activity: 262

Merit: 2

people are losing interest in altcoins because most altcoins are now at a very low price and only altcoins are now potentially better so that if you bitcoin invest because the price rises so your bigger earned here.

hung58bitcoin

jr. member

Activity: 151

Merit: 7

Right now, my assets are altcoins. Every day, seeing the price of btc increases sharply, my account has decreased. I have a bit of depressed psychology but don't panic. Because I know it will be time for sharks to pump up altcoin prices after pumping btc. The question is how long will it take for the alt pump to arrive. Nobody knows but I think this is a time of psychological challenge for investors.

efrenbilantok

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Quote from: thenextking on June 20, 2019, 11:13:57 PM

Do you think it ever going to be recovered and if you think, yes, then how long?

Yes it will recover of course, it is just normal for altcoins to go down whenever the bitcoin is rising because people are selling their alts for bitcoin to make profit,
the question how long is hard to answer, we don't know when will the altcoins rise, but one thing is for sure that once bitcoin stabilize it's price then we will see money pouring again into the alts.

Capt00

full member

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Quote from: fortunecrypto on June 26, 2019, 08:49:40 PM

Quote from: thenextking on June 20, 2019, 11:13:57 PM

Do you think it ever going to be recovered and if you think, yes, then how long?

The competition is not only to stiff but it's also too hard because investors are quick to leave and to look for profit, so altcoins that cannot keep up will be left in the dark, and new promising coins emerging will get supports, investors are quick to dump and to look for the next big thing or a new hype.

That is actually some kind of game. They are the real market players and we can't stop doing that.
Everyone will look for any ways that we can be profitable and if we'll found it into the other coin, then there is no way to lose that opportunity.
Time would be precious and opportunities may pass by if we don't take advantage of it.

CTRLX

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Yup, i think i’m also one of them. These days, i’m thinking more than 10 times before i invest in altcoins. After the bear season it’s really difficult to pull it together. Eventhough i know Alts will recover eventually, i still think that to hold Bitcoin and wait is the easiest/ safest thing for me.

fortunecrypto

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Quote from: thenextking on June 20, 2019, 11:13:57 PM

Do you think it ever going to be recovered and if you think, yes, then how long?

The competition is not only to stiff but it's also too hard because investors are quick to leave and to look for profit, so altcoins that cannot keep up will be left in the dark, and new promising coins emerging will get supports, investors are quick to dump and to look for the next big thing or a new hype.

rdluffy

legendary

Activity: 2450

Merit: 1472

For me alts are doing very well, this is a moment and BTC is rising strongly, it's hard for alts, but look their value in fiat, it's good

In my opinion, every altcoin have to prove their utility, it's normal and healthy to market the fact that a lot of coins will die, because they will improve in the next alts, and only ones with worth something in real life will survive

That are a lot of coins without any purpose in the market, this is not good

xysheeh03

jr. member

Activity: 238

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It's so true that some people or investors loses interest on some altcoins due to its lame price in the market. Nowadays only popular coins that has potential are increasing by price, like bitcoin and ethereum, but despite the increasing of these two coins, several altcoins are only decreasing and low in value, so some people loses interest on altcoins because they cant even earn profit from it.

Sithara007

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Leading Crypto Sports Betting & Casino Platform

Quote from: The3max on June 26, 2019, 12:40:12 PM

Do not be afraid. The market is very similar to 2017, currently Bitcoin is moving very quickly so altcoin is being dumped. Patiently wait until the BTC finishes, Altcoin will be pumped vigorously like the beginning of 2018

Back then many of the new investors could not understand the difference between BTC and altcoins and a large portion of them went for the latter as they thought that BTC was too expensive for them. This situation is not going to repeat now. After the alts lost up to 99% of their value (ADA, XMR.etc) in 2018, the investors have realized the risks in investing with smaller alts.

The3max

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Quote from: ?? on ??

Alas ,when altcoin season returns you will now see many of these impatience people running back and it might be too late for them ,let's all be patience or you end up regretting your decision ,impatience won't get you anywhere especially in crypto space

And can not be such that this time the Altcoins will remain without growth in relation to Bitcoin? Most likely, I hope that they will still grow too, as it was before. But this is a cryptocurrency and everything is possible here.

Do not be afraid. The market is very similar to 2017, currently Bitcoin is moving very quickly so altcoin is being dumped. Patiently wait until the BTC finishes, Altcoin will be pumped vigorously like the beginning of 2018

defyance

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Activity: 700

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It was for a while due to bitcoin pump. Now it seems for me that altcoins are back and price is so cheap to make decent profit if you count your profit in terms of bitcoin.

Vaculin

hero member

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Winding down.

Quote from: Denton on June 23, 2019, 05:48:55 PM

Altcoins will definitely recover. It's just that their time hasn't come yet. Of course not all will be able to survive, but some of them will still remain.

Perhaps, not all of them are potential coins and we don't expect that it will work out even the market will be in bullish season.
We can't blame others to lose their interest and confident towards altcoins investment cause in the first place, it won't give a satisfying gains in returns.
But of course, the top altcoins have it's best and it can be profitable which is good for investment.

Denton

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Altcoins will definitely recover. It's just that their time hasn't come yet. Of course not all will be able to survive, but some of them will still remain.

DosPower

newbie

Activity: 42

Merit: 0

So long as the alt has a good team behind it AND a good idea, interest will always recover. Most alts don't fit this build, it's just a matter of choosing the right one.

Topic: People are losing confident and interest in altcoins - page 4. (Read 10400 times)