I agree with OP's opinion. But I want to add. In the past two years, the crypto market is not very good. Everything is only focused on Bitcoin.
If Bitcoin weakens, altcoin will automatically weaken too. I think altcoin will strengthen again, when the Bitcoin market can reach All-time High again.
Topic: Reason behind ALTCOINS not bouncing Back - page 4. (Read 752 times)
The main reason I see is huge supply, bigger discounts to private investors and no locking period for team and holders.
This in results huge selling and uninterested buyers giving less price day by day.
The tokens should be burnt regularly to lower the supply which will automatically increase the demand increasing the price.
Yes, it is almost an average that is seen because of the large supply and large discounts that make it difficult to altcoin rise to higher prices, because one's interest in altcoin is clearly different and it can affect demand and supply in the market against an altcoin. This in results huge selling and uninterested buyers giving less price day by day.
The tokens should be burnt regularly to lower the supply which will automatically increase the demand increasing the price.
I believe that the time for altcoins has not come yet, first you need to direct the main coin in the right direction - up. And then take up altcoins, which are much easier to raise and make a profit that will please us, as in the good old days of a comfortable life.
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Shitproject only looks for profit, they don't care about its long-term effects. Looking for scapegoats if prices do not develop according to the target, and often blamed is bounty hunter, it is only to cover up their mistakes.
Whereas for strong altcoins that have survived in the market for a number of years, they show good development, so it is natural that investor confidence remains and tends to increase if there are new developments and innovations.
Shit project is looking for the money and the pumpers make it even worst. The garbage team, poor development progress and it's not having a strong vision. It was only using paid whitepaper to attract users. Whereas for strong altcoins that have survived in the market for a number of years, they show good development, so it is natural that investor confidence remains and tends to increase if there are new developments and innovations.
The majority of those are still surviving, in this case, are the best project. Thousand dead projects have already died.
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.
This is totally disgusting to hear if those people who still continue to prevent any of those altcoin market, we won't experience the previous altcoin moments that we enjoyed it's profit. People seemed to be more desirable to get profit out of altcoins, but how can we benefit since this situation became so disappointing to all altcoin holders. Are we going to continue or stop in the midst of the underlying problems? Hopefully someone of us can add up their thoughts here, in order to enlighten individuals who struggled with their asset.
Shitproject only looks for profit, they don't care about its long-term effects. Looking for scapegoats if prices do not develop according to the target, and often blamed is bounty hunter, it is only to cover up their mistakes.
Whereas for strong altcoins that have survived in the market for a number of years, they show good development, so it is natural that investor confidence remains and tends to increase if there are new developments and innovations.
Whereas for strong altcoins that have survived in the market for a number of years, they show good development, so it is natural that investor confidence remains and tends to increase if there are new developments and innovations.
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.
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.
The truth of the matter is, most of these projects are cunning and dishonest. During the early days, they will be humble but once they get the money they needed they come up with excuses to either exit the project or delay development. Also on the other hand, during this bear market most projects focused on developments so that once there is a change in the market they won't be seen as those who aren't serious, reason why during an uptrend in the market, most projects or altcoins will boom and some won't. Also, the market is unpredictable thus it is necessary to apply caution all the time, in the same way, any project being affected by shitcoin performance is missing something important, check such projects. About a project dumping it's supply on investors are just looking for a way to exit the project and that's all, as it makes no sense doing that.
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
[colo r=red]Most project dump their whole supply in market on its investors.[/color][/u]
Altcoins have hardly been a stable source of investment. Those who invest into such altcoins have to prepare their mind to face excess loss. At the current situation, I do not think that majority of the holders might be in loss because already the markets have been recovered and the prices are moving on the ascending graph pretty quick.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
[colo r=red]Most project dump their whole supply in market on its investors.[/color][/u]
Most of those investors/traders who have the ability to hold would have profits and would cover their loss but those who would not even hold their coin for few more days would surely land up in loss. We might not call such people as experienced traders. Experienced traders already know how to profit from the bearish trend and they might make enormous profits in the bullish trend.
In fact, there are many reasons and no one knows exactly what the reasons may be for this. We seem to have begun to forget that the market is unpredictable, and if now we are in decline, then literally in a week everything can change. And this often happened in history, we just forget about it immediately, because everyone cares only about what they can get now from their investments.
The high volatility nature of cryptocurrencies never allows us to find an exact entry or exit point. This is where majority of the traders are trapped but those who have spotted the exact entry point would always have profits if they hold enough with their immense knowledge.The markets would quickly go down as well as it might quickly get pumped so we should never expect stable returns at least until we gain some experience and learn how to spot exact entry and exit points. Many altcoins have turned red which might be because of the price pump faced by bitcoins as it usually makes most of the altcoins follow the opposite trend. But once bitcoin stabilizes, we can see altcoins growing back again.
I agree to all you mentioned they play big roles why the ALT market are not getting much progress after the 2017 surge. And I think another factor is numbers of Shit coins being listed without any value or any progress, that makes investors a little hesitant in putting their money in ALTS. And I am sure that there are still plenty of projects coming and would add up to list of those coins without any values.
The effect of KING Bitcoin on altcoins is so powerful that when it moons or dips, majority of the altcoins dips massively. However, not all altcoins are in this category. Some good top altcoins are quick to recovery after any dip depending on market situations.
It's not. Not all of altcoins can follow bitcoin. The major altcoins are altcoin that can follow the movement of bitcoin as the medium tier or even lower tier of altcoin needs the big update to follow it. Bitcoin is not always become the main reason and we have so many possibilities to argue about that.
We have enough evidence for that.
I am not sure of the last reason, the only reason is that it is still stable and does not move up.
How do you say another does not grow.When btc increased to 10k some time ago, ETH increased with other ones.
so the right reason for your opinion is for shitcoin.
Where he throws all coin values after issuance.
How do you say another does not grow.When btc increased to 10k some time ago, ETH increased with other ones.
so the right reason for your opinion is for shitcoin.
Where he throws all coin values after issuance.
The major reason IMO is the uncertainty of the market, as long as bitcoin is still not bullish or will at least reach near its ATH, people will not put their full confidence investing on altcoins since they have bitcoin which is stronger therefore it's a better investment.
Altcoins in general have a poor performance but slowly some major altcoins are starting to rise and hopefully that will continue so they will attract the investors to put their money on altcoins and they will lead an altcoins rally.
Altcoins in general have a poor performance but slowly some major altcoins are starting to rise and hopefully that will continue so they will attract the investors to put their money on altcoins and they will lead an altcoins rally.
I don't know if most of the reasons that you mentioned were still relevant, It's better to allow the natural movement of the market instead of inducing a so-called plan that may become dysfunctional. just remember how cryptocurrency works, it is better to ride with the current bullish movement rather than countering it, just be contented of what the market gives to us, Its nothing to do with those whales, they have money thats why they are capable of doing that, Bitcoin and Altcoins gains were still better compared to previous months so use it as an opportunity to gain some profit.
That's right, and usually when bitcoin starts to rise slowly, some of the top altcoins often follow in the footsteps of bitcoin, so when that happens many traders want to take advantage of the opportunity.
This sort of rise with the altcoin is not sustainable in the long run. The altcoins can't predate or poach on Bitcoin for ever. Eventually, the upward momentum will come to an end and there will be a large correction. I am not hearing about any major development from the altcoin market for sometime. If the prices go up despite this, then it is not going to last long.
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.
I think it's more on (c), altcoin investors are shifting to BTC because there's where the money is.
The project dump though has been exposed already since April of 2018, many of them dump so I don't think projects now are practicing it because the price is already low. Majority as still in the -60% to -90%, so it's a long way to go before we can see an altcoin market bounce.
Most project have hard time gathering fiat man, they thought they'll have a bull run like late 2014 first 2018 which didn't happen, so most of them bankrupted already, the ones that survive mostly having a team that works for charity lol.
Some good project have a vesting period of 3+ years are now like worth nothing although they are good project with good team, the fact that they missed that last bull run & the late one too when BTC hit the 13k is kind of sad, they could've gathered a good a mount of fiat to survive the next couple years developing their project.
Some good project have a vesting period of 3+ years are now like worth nothing although they are good project with good team, the fact that they missed that last bull run & the late one too when BTC hit the 13k is kind of sad, they could've gathered a good a mount of fiat to survive the next couple years developing their project.
In fact, there are many reasons and no one knows exactly what the reasons may be for this. We seem to have begun to forget that the market is unpredictable, and if now we are in decline, then literally in a week everything can change. And this often happened in history, we just forget about it immediately, because everyone cares only about what they can get now from their investments.
The main reason I see is huge supply, bigger discounts to private investors and no locking period for team and holders.
This in results huge selling and uninterested buyers giving less price day by day.
The tokens should be burnt regularly to lower the supply which will automatically increase the demand increasing the price.
This in results huge selling and uninterested buyers giving less price day by day.
The tokens should be burnt regularly to lower the supply which will automatically increase the demand increasing the price.
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