Reason behind ALTCOINS not bouncing Back - page 3.

irixo10

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Quote from: fib123 on February 22, 2020, 02:10:38 PM

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.

When a project have nothing to offer why would investors still get involved with it? When a project losts track of their vision why would Investors still associates with it? When a project still finds it hard expanding their services and growth why would investors associate with it? When a project is affected by all these why getting involved when there are better options. In my own opinion I tend to deviate a little from your list because even when Bitcoin is growing in price there are altcoins also doing that with it. Bear market affects all coins and during this time if a project shows lack of concern investors will move to another which have a good chance of recovering from the bear market, that is why when most will bounce back some won't..

mahilchii

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Not exactly, Whenever there has been a pump in the value of bitcoin it has affected tops altcoins positively and if you are talking about the newly launched coins those are honestly shitcoins wherein most of the developers just wants to get rid of it once it's listed as they lack the long term plan and investors are not fools to go ahead and invest in something which they know will be dumped, rather investors have started shifting funds to established top altcoins.

Stedsm

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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.

Kelvinid

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There is one thing that could hold altcoins to soar high is because of trust issues where investors are still in doubts for altcoins capability especially those on the bottom. It was broken last 2018 after the hypes dried out and many investors suffer big losses because of their trust in altcoins. That gives them a reason also to consider Bitcoin first rather than having altcoins. The devastating scenario that it happens before is somewhat people are also afraid of happening again and even they invest altcoins, they are picky and it absolutely they will chose on the top altcoins.

shoreno

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whales and manipulators do get bored too but they arent hopeless because they do control the market anyway so they know that there will always be a hope for the coin to go up or even go down . but i cant only agree with this " if a project is strong why it will be affected by a sh*tcoin performance " if you are only invested on a solid project why would you bother investing a on a bad one ? this isnt also the reason for the alts to go down . also binance fomo is now over . laslty i believe that dumping of one project cant really affect the other

TrevorS

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I admit I can’t agree with you 100%. Of course, some startups do affect the market to a large extent when they sell their collected funds.
However, how do you explain the fact that most of the coins on the market act synchronously.
Can one or several startups influence the whole market, I don’t think so. It is obvious to me that the whole market is under a certain manipulative influence of large players.

cytpoway121

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Quote from: fib123 on February 22, 2020, 02:10:38 PM

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.

Firstly, nobody expects a big hit, everyone (atleast 80%) are into crypto currency for the money, the profit, so when you buy outrightly, you sell outrightly at profit.

Secondly, projects do not dip due to the performance of a shit project in crypto market.

Eos cannot dip because Nem is doing bad
And xin cannot dip because waves is not good enough.

Thirdly, it is wrong to assume that altcoins are dead due to the dominant figure of bitcoin, altcoins strive, you cannot count them dead because you trade wrongly

Dyor and focus on the best of altcoins because they thrive and bring profits always.

Fourthly, Bitcoin has not returned to its ath and u want altcoins to do that? Except a newbie, we are all aware that altcoins soarest price are dependent on bitcoin bull run.

Don't expect too much from trades that offers so little.

Finally, it is rare to dump all supply on the market, because it is track able by all investors.

Does team dump and ruin projects, Yes
But do not exaggerate it.

A good word out there, willing to learn more equally

Always dyor

Utoy101

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Well, i'd say the major reason i perceived to be the cause of the downtrend perculiar to altcoins are lack of
proper implementation of their proposed Usecases. Most of these projects, even the ones that shows prospect at the onset do forget about what they really emerge to deliver after rasing quite huge amount of money.

And even the investors contributes greatly to the dead of altcoins as the only thing they care about is for the devs to list the tokens on exchanges, then dump their bag, make some profits and move to anotger project without even giving concern whether if the project delivers or not

Baoo

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It is better to ignore most of altcoins because seriously most of them are worthless and unprofitable in all the time. In fact, the market was not dead lately OP, too many traders made a lot of profit before few months due to they took the right decisions in the best time. Try to focus on the Top 10 or 20, these cryptocurrencies are really profitable espeially in a long term because we barely see a big progress of any currency in a little time. Day trading is not a good option.

justdimin

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Actually one of the biggest reasons is the fact that everyone is just on a period of waiting. We do not want to wait too much but right now everything seems on a such a thin thread that we may go down a lot or we may go up a lot. People who do not have too much altcoins are afraid to go in long term, they still do day trading but when it comes to long term (over 3 months at least) they are still afraid so they do not buy anything too much, however people who also have too many altcoins are afraid of selling as well, they are not entirely sure if its riskier to sell their coins or keep them.

So, this is a very dangerous zone and people just want to see what is going to happen first and move afterwards, even if its a bit late they rather be late than wrong.

enhu

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Quote from: kentrolla on February 24, 2020, 12:38:34 PM

Quote from: serjent05 on February 23, 2020, 06:06:02 PM

Altcoin market had turned down the trust of its investors. Lots of ICOs had become worthless making their investors suffer a huge loss due to the unfulfilled road map while others just turned scam. The one of the major reason why altcoin not bouncing back is because of investors avoiding altcoin market.

Exactly, most of the Investors lost the trust especially in ICOs as lot of them suppose to be scammers. Many altcoins have reached their cycle low levels but many are still hopeful that one day the alts will turn back, if this happens everyone will be happy in the crypto space once again. Currently most of the alts are slowly trending and I guess it will hit harder in near days.

In the previous months the price of alts are lesser though which means the investors are inch by inch they are trying to collect some altcoins specially the ones with reputation like ETH, LTC and BNB. We may not seeing a lot of spikes every day but its a gradual process. It just need more confirmation from big companies and countries that supports crypto to make BTC mainstream and expose people to cryptocurrencies.

kentrolla

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Quote from: serjent05 on February 23, 2020, 06:06:02 PM

Altcoin market had turned down the trust of its investors. Lots of ICOs had become worthless making their investors suffer a huge loss due to the unfulfilled road map while others just turned scam. The one of the major reason why altcoin not bouncing back is because of investors avoiding altcoin market.

Exactly, most of the Investors lost the trust especially in ICOs as lot of them suppose to be scammers. Many altcoins have reached their cycle low levels but many are still hopeful that one day the alts will turn back, if this happens everyone will be happy in the crypto space once again. Currently most of the alts are slowly trending and I guess it will hit harder in near days.

Ashong Salonga

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Quote from: fib123 on February 22, 2020, 02:10:38 PM

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.

Well, practically those what you have said are right. We are all having such a great expectations towards any projects that all turns out to get into the other way around. We are all always making it too hard or complicated to the extent that we are wondering to think seamlessly that everything can be possible to happen. It is also true that because of the recent scenarios that involves most projects that promotes new Altcoins that turns out to be a scam or fail performance of all the other existing cryptocurrency is affected most specially with the Altcoin market because people are having this general mindset and concept that all projects involving Altcoins are all scam and failure which is not true; but because of persistent public claim, people do believe on this words making potential investors as well as newbies avoiding projects involving Altcoins and are afraid to invest into the Altcoin market. Dumping of the prices is also one of the main reason why Altcoins prices are not rising up because people tend to drop down their assets just to be able to save their own and making the price as well as the other holders to suffer.

Furryball

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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

livingfree

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Quote from: bgaf on February 22, 2020, 08:33:44 PM

Quote from: livingfree on February 22, 2020, 06:17:03 PM

You dont hold the investors and they all have the rights to dump anytime they want to. And if they see the altcoin they hold make profit, why not sell it immediately? that is the purpose why they bought it and trade it.

I agree no one can hold grudge about who want to sell their tokens especially on bounty hunters side since they worked for it. No arguement here thats the reality.

It's the reality that many should understand and we're all here to profit. We, bitcoin and altcoin holders doesn't like to see the market dumping but it's the reason why we're all making profit so if everyone won't sell, there's no reason for us to hold it for a long time because eventually, we will start dumping what we hold when we see a profit in it except for bitcoin.
Because most that I know here, decided to hold bitcoin for a long term basis.

Botnake

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Quote from: libert19 on February 24, 2020, 07:06:56 AM

Quote from: livingfree on February 22, 2020, 06:17:03 PM

You dont hold the investors and they all have the rights to dump anytime they want to. And if they see the altcoin they hold make profit, why not sell it immediately? that is the purpos why they bought it and trade it.

Op said projects dump on investors. Anyway, that only happens with shady projects, if project has no proper plans for held tokens then one should stay away from it.

Even in good projects, it also dump but we cannot really tell if the project is dead or not, that depends on how investors sees it.
For example if the project is launch during the bearish market, that would certainly affect its status, if ETH which is one of the most popular altcoins dump to below $100, how much more other projects and if ETH has a capability to recover, sure people would think the same on other project as long as the team is still developing the project.

libert19

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Quote from: livingfree on February 22, 2020, 06:17:03 PM

You dont hold the investors and they all have the rights to dump anytime they want to. And if they see the altcoin they hold make profit, why not sell it immediately? that is the purpos why they bought it and trade it.

Op said projects dump on investors. Anyway, that only happens with shady projects, if project has no proper plans for held tokens then one should stay away from it.

cute nmp

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So many reasons to why altcoins are not bouncing back .The crypto-market market has been low almost about two years back.The issues of abandoning project and scams have highly contributed to the bad crypto-market.Many traders and investors have lost interest in crypto-currency recently.Lets just hope 2020 will be a great year for crypto-currency and things will be stable again.

trauchot

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Therefore, you always need to think before investing and conduct various analyzes so as not to regret about your actions later, you should always choose the best moment for investments, and this is when the market falls and then just wait when the market will start to grow and then you will always be in profit.

Botnake

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Quote from: RDNX on February 24, 2020, 04:22:25 AM

I think altcoin will strengthen again, when the Bitcoin market can reach All-time High again.

To make things simple, we should achieve this, but since we don't know when it will happen, the right thing to do is to relax and wait while we keep that trust still high. If we understand and we believe it will happen, then there is nothing to worry, we are just following a simple trend, bitcoin will rise altcoins will follow, and getting a new ATH might guarantee an altcoins season.

Topic: Reason behind ALTCOINS not bouncing Back - page 3. (Read 711 times)