Only a few issue or topic can't be main reason for altcoins back bouncing, because there many more traders are try to resolve it's immovability for their more benefit on investment, as a result we see the market is going to down day by day. The one of the major reason why altcoin not bouncing back is because of investors avoiding altcoin market. Good old days of a comfortable investors will be back , we hope so .
Topic: Reason behind ALTCOINS not bouncing Back - page 2. (Read 752 times)
Well you made your point, one of which you feel is the team dumping their bag or investors dumping, I don't see it that way one of the reasons I think alt is not bouncing back because of the halving that is in front, everyone wants to hold some amount of bitcoin that has affected the price of Alt ,also when there is instability in the price of Bitcoin,it affects Alts a lot.
I don't know if the bouncing from the altcoin is a good time or not but I think we can make a profit from that, but we need to be careful to select the coin because many coins can make a trap in the high price. The altcoin increased, but it seems, the price cannot break the higher price because it will stop at some level and it will be back to the lower price, and that happens many times. But it still a good time to try to make a profit although maybe we feel it is a bit difficult.
In this past fews days altcoins has been steadily doing well, most especially ETH which has been gaining since March and other major Atlcoins are following like chainlink, tezos, xrp. And might still see some surge in bitcoin price especially its halving is just 16 days away from happening.
Right, ALT/BTC obviously still rely on bitcoin's price movement so alt season might start when bitcoin will have its bull run after the halving in the next two week. Although we have seen bitcoin's price going steady to $8k and so Ethereum goes or at least closer to $200 and so is the rest of the alt coins. Some of them are like -90% from its all time high, but as soon as the bull run started, they might cut it like -60% and then the rest of 2021 and beyond are going to be exciting again.
It could be just a bulltrap though, the halving is still weeks later, everybody expects the price to go up, they have been setting this semi type of bullish market but eventually, they will sell all for they know lockdown could last longer. I wouldn't buy yet until I can see the chart dipping again to close to the bottom. It's my loss if it doesn't happen though. The volume of som altcoin is getting huge though, these are just to few coins.
In this past fews days altcoins has been steadily doing well, most especially ETH which has been gaining since March and other major Atlcoins are following like chainlink, tezos, xrp. And might still see some surge in bitcoin price especially its halving is just 16 days away from happening.
I think, There are ambitious trading aspiration but according this aspire there have no investment in altcoin so that reason the altcoins are going back.
c) Altcoin will still remain dead due to Bitcoin's FOMO
Even though Altcoins cannot mimic what they did during the late 2017 they are still somehow mirroring Bitcoin's movements the only difference is they aren't as high or as near in their ATHs when they are moving along with Bitcoin. The only thing I see why the bear market that was triggered after the 2017 bull run cause some kind of FUD that made a lot of demand go away from Altcoins, most people who entered the market during the bull market are looking for the "Next Bitcoin" that's why they resorted in looking at Altcoins the problem is all the newbies who bought them all lose their money because of a bad trade. This cause a lot of demand going out from the market and all what is left are still the ones trusting BTC and the crypto industry.
Since last few months almost majority of trader/Investor are seems like hopeless or bored from this dead marked, Expect whales or manipulator. Here are many are at safe side by making some decent moves during a little recovery season, But still a majority of peoples are in extreme loss or average loss. Here is many aspect behind the all scenario. A few are following:
a) We always expect a big hit and don't trade according plan.
b) Many strong projects are effected due to shitcoins performance.
c) Altcoin will still remain dead due to Bitcoin's FOMO
d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
Most project dump their whole supply in market on its investors.
a) We always expect a big hit and don't trade according plan.
b) Many strong projects are effected due to shitcoins performance.
c) Altcoin will still remain dead due to Bitcoin's FOMO
d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
Most project dump their whole supply in market on its investors.
And why do you think that right now there should be a growth in altcoins? If you remember the end of 2017, you know that growth can only be when there is a massive purchase of cryptocurrency and not only by large players, but by the crypto community. Do you want to get a new flight to the moon? Then you need to wait for the signs by which we will see this event. Here are a few of them: they will talk about the advantages of cryptocurrency on every corner, banks will sell cryptocurrency, the introduction of cryptocurrency to our lives. Understand that a flight to the moon can only be if the cryptocurrency is bought in bulk, the only way the price goes up. I think you still have to wait 1 - 2 years, but you can already prepare.
we need some good performing altcoin for most other all coins to bounce back. Because, when people are planning to invest in cryptos, they must be looking for various options and is they will first invest with the good performing one and then other existing reputed coins. This is how the total market will be bouncing back but this time the leader is missing.
I agree if there will be one good performing altcoin, the most other coins will be following it by attracting different level of investors around the globe. I do believe no one will be investing their all 100% into bitcoin kind of highly reputed coin because they must be following the diversification principle. So, they must need some other altcoins too.Before Ethereum, litcoins was the leader for altcoin markets, and based on the performance of litcoins, altcoins markets got chances to bounce back time to time. All these are pushing us to think about having some new innovative coin so that the entire altcoin market will be bouncing back. That kind of new innovative coin may be hitting this market at any time but we have no other option other than waiting for that.
Since last few months almost majority of trader/Investor are seems like hopeless or bored from this dead marked, Expect whales or manipulator. Here are many are at safe side by making some decent moves during a little recovery season, But still a majority of peoples are in extreme loss or average loss. Here is many aspect behind the all scenario. A few are following:
a) We always expect a big hit and don't trade according plan.
b) Many strong projects are effected due to shitcoins performance.
c) Altcoin will still remain dead due to Bitcoin's FOMO
d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
Most project dump their whole supply in market on its investors.
Bitcoin has a significant impact on all Altcoins. And since Bitcoin has now fallen in price, most Altcoins will follow. a) We always expect a big hit and don't trade according plan.
b) Many strong projects are effected due to shitcoins performance.
c) Altcoin will still remain dead due to Bitcoin's FOMO
d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
Most project dump their whole supply in market on its investors.
The reason behind alts not rising this time could be because the money has all been shifted into leveraged and marginal markets where even a small move brings exceptional profits against what a trader gets while trading alts. I'm not saying that alt season is yet to begin as it has already started, but the pumps are not so big and only a few coins are performing good where you get to see ~100% greens and others only move 10-15-20% and a bit more but the range is almost the same.
Not just due to money flow is shifted into leveraged and marginal trading but there is no attractive investment opportunity available among altcoins. Yes, when ethereum was attractive enough and ICO market was doing very good, we have seen many altcoins are bumping and the entire altcoin market was doing good.Yeah, we need some good performing altcoin for most other all coins to bounce back. Because, when people are planning to invest in cryptos, they must be looking for various options and is they will first invest with the good performing one and then other existing reputed coins. This is how the total market will be bouncing back but this time the leader is missing.
Yes, investing into altcoins and trading are completed two different things and we should not mix them. People are taking time to do their due diligence for finding a potential coins. It means they are investing and not trading. For finding the right asset for trading, they do not need much time because just technical analysis will be enough and people are known for doing technical analysis for minutes to generate their trading signals (buying and selling points).
Those concepts are easy to be understood.
During the last decade, more than 10,000 different cryptocurrencies had been created. But how many of them are undergoing continuous development now? In the vast majority of the cases, the promoters and developers have exited the coin, after pocketing whatever they could gather from the market. Under such scenario, it is not surprising that the prices are going down.
Yes, investing into altcoins and trading are completed two different things and we should not mix them. People are taking time to do their due diligence for finding a potential coins. It means they are investing and not trading. For finding the right asset for trading, they do not need much time because just technical analysis will be enough and people are known for doing technical analysis for minutes to generate their trading signals (buying and selling points).
Too altcoins are on the top list of ranks for a reason, they are less risky to invest on compare to new altcoins or altcoins that never make it to top 100, some new altcoins will still find their way to top ranks but it's not that easy to fish them out, all I know is altcoins with rare use cases will always have good results
Yes, that's right, for new altcoin it will indeed be very difficult to move up to the top rank, because the competition between altcoin at this time is already very much, and the new altcoin will certainly be a little difficult to compete with the old altcoin that is already top or popular. a) We always expect a big hit and don't trade according plan.
b) Many strong projects are effected due to shitcoins performance.
c) Altcoin will still remain dead due to Bitcoin's FOMO
d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
I'm not getting your first point. Everyone invest with the belief of huge hit of a coin which they are going to invest with. What will be the plan here to act according to that? You mean we must book profits at that coin's peak and wait for buying for dips again? But I believe this is not the way people are investing into altcoins.b) Many strong projects are effected due to shitcoins performance.
c) Altcoin will still remain dead due to Bitcoin's FOMO
d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
People are investing with the long-term plans or at least a short-term plan for few months and most people here are not having any plan to trade according to the fluctuation of a coin. Because, people who are looking for making money based on the fluctuation of a coin must be sticking with highly reputed coins and never look for potential of new project and their coin/tokens.
Moreover, if you look for buying back an altcoin at its dips and I believe most altcoins are not bouncing back. It means most altcoins are not good for trading regardless of its roadmap and potential.
a) We always expect a big hit and don't trade according plan.
b) Many strong projects are effected due to shitcoins performance.
c) Altcoin will still remain dead due to Bitcoin's FOMO
d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
I'm not getting your first point. Everyone invest with the belief of huge hit of a coin which they are going to invest with. What will be the plan here to act according to that? You mean we must book profits at that coin's peak and wait for buying for dips again? But I believe this is not the way people are investing into altcoins.b) Many strong projects are effected due to shitcoins performance.
c) Altcoin will still remain dead due to Bitcoin's FOMO
d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
People are investing with the long-term plans or at least a short-term plan for few months and most people here are not having any plan to trade according to the fluctuation of a coin. Because, people who are looking for making money based on the fluctuation of a coin must be sticking with highly reputed coins and never look for potential of new project and their coin/tokens.
There are several reasons why altcoins refuse to bounce back, and it is normal.
When an altcoins trades at 0.2$, several traders come in and several dumps, when the altcoins climatize and price goes towards 0.01$,there are buyers buying the bottom and people selling off at loss.
If such altcoin will moon, farthest is 0.02$, with buyers at 0.01$ taking profit and leaving the token to the bottom
When an altcoins trades at 0.2$, several traders come in and several dumps, when the altcoins climatize and price goes towards 0.01$,there are buyers buying the bottom and people selling off at loss.
If such altcoin will moon, farthest is 0.02$, with buyers at 0.01$ taking profit and leaving the token to the bottom
I will start with your last point, most projects are too concerned about getting funds that they end up dumping huge volume of their supply on investors which ends up making the price bad and also hard to recover.
I think that's really the main goal when a project is raising funds, as much as possible they want to raise the hard cap as that would also reflect the success of the project. When it's listed in an exchange, the effort of the team is just to list the exchange and once its in exchange already they can't control the price anymore, so they should not be blame since we know this is the game, there are investors who likes to cause panic for their advantage. 
I will start with your last point, most projects are too concerned about getting funds that they end up dumping huge volume of their supply on investors which ends up making the price bad and also hard to recover. From this single act one can't be mistaken for saying the team are just looking for a way to exit the project because I can't understand how a project team will do such without careful consideration. Lastly the aspect of altcoins not having any value due to Bitcoin fomo, I don't agree with it, good altcoins will always maintain their value even in the midst of Bitcoin fomo which also makes the altcoin to grow as well.
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