Reason behind ALTCOINS not bouncing Back - page 5.

fib123

jr. member

Activity: 163

Merit: 6

Quote from: Bttzed03 on February 22, 2020, 11:09:35 PM

Quote from: fib123 on February 22, 2020, 01:10:38 PM

Since last few months almost majority of trader/Investor are seems like hopeless or bored from this dead marked,

I cannot say with 100% certainty but a lot of members in this forum has somewhat turned "negative" against altcoins until now and that's probably where your statement is coming from. Outside this forum, I still see a lot of guys on twitter and youtube hunting altcoins on different exchanges and discussing them on their platforms.

Quote from: fib123 on February 22, 2020, 01:10:38 PM

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.

Are you talking about projects who exit scammed? If not, can you name some of these "most projects" that dumped their whole supply? AFAIK, a good portions of premined tokens of most projects are still locked up.

Here what i mean was many of project dump most of their dump in market i can gave you some name who did this.

1- Gochain
2- Fuel
3- BQX or Ethos or VXY
4- Monetha
5- MFT

and many other coins still trading at binance is dumped a big portion of their holding.

zaim7413

sr. member

Activity: 1274

Merit: 337

Enterapp Pre-Sale Live

Quote from: doctor877 on February 23, 2020, 03:53:27 AM

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.

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.

doctor877

full member

Activity: 896

Merit: 115

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.

joshua123

full member

Activity: 527

Merit: 113

Quote from: fib123 on February 22, 2020, 01:10:38 PM

b) Many strong projects are effected due to shitcoins performance.

Shitcoin isnt the basis IMO of the market down. I dont see as new projects being a threat in the market movement. As you can see how many coins and tokens that has been traded in minor exchange doesnt have volume? I see that most project have this problem of regaining their high price due to investors too. Why? These whales after gaining so much profit with these shitcoins will surely abandon it no matter what happened. Sad thing is even the developer gone too along with the value.

Republikcoin.com

legendary

Activity: 2716

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

one of the other reasons why some altcoins never do a bounce back is because it wasn't developed. Unlike binary, ethereum, BSV, and coins which pumped a few months ago, some altcoins that were even included in the list of popular coins did not make major developments, such as XRP. however, we all expect increases due to project development, not because of the effects of rising bitcoin prices.

Furryball

member

Activity: 490

Merit: 19

Quote from: fib123 on February 22, 2020, 01:10:38 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.

Your point are pointing to new altcoins not top altcoins, it's still a good thing to buy few top altcoins and hold because they will surely perform once Bitcoin pump up either with the help of FOMO or not, look at OKB token, it was trading at 2$ and now its at 6.3$ per one, that's 200% growth

Reid

hero member

Activity: 3052

Merit: 651

Quote from: fib123 on February 22, 2020, 01:10:38 PM

Most project dump their whole supply in market on its investors.

Wait a minute!
Are you talking about ICO's here.
There is a rule which they cannot sell their coins. It will be frozen until a certain time.
It is the investors which are selling their coins.

Here is the real problem of why it did fall.
They gave too much bonuses to those who bought at Pre-ICO. Because of that, when the coin hits an exchange investors will sell immediately when they see profits even just for a little bit. They are not holders. Those are businessman. Because of the market being played also by traders the coin depreciates its value.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

According to me the most obvious reason why altcoins don't steadily increase in price is because most of the investors in altcoin are speculators and not genuine investors who actually believe in the coin.
If a person genuinely believes in a coin then he will hold that coin for a long term no matter how much it decreases in price. I love bitcoin and ether and that's why I am holding them from a long time no matter how much times it has decreased in price.
Speculators on the other hand, dump the coin as soon as their profits are obtained or their stop loss is met.
I think this is the reason why most altcoins get dumped in the market.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

I think not all altcoins cannot bouncing back because if you check on the market, you will see some strong altcoin can increase higher, and that is because of that altcoin follows wherever bitcoin moves. If bitcoin price increase, the altcoin will also increase, and if bitcoin decrease, the most altcoin is a decrease too. But altcoin now still not increase so high like the last bull run that we saw before because bitcoin does not rise so high, and that is why bitcoin and altcoin still at the lower price until now. But bitcoin and altcoin will bounce and hit the highest price, and who knows, we will see another ATH in the future.

coin-investor

hero member

Activity: 2996

Merit: 598

Leading Crypto Sports Betting & Casino Platform

Quote from: fib123 on February 22, 2020, 01:10:38 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.

I'm not looking on other altcoins except those that are in the top 20 and so far these coins in the top 20 are performing good, much better when we are in the bear market we just have to bear or be patience things will set it's on course heading to the halving then it will follow the bull market.

pakhitheboss

hero member

Activity: 2156

Merit: 803

Top Crypto Casino

Quote from: fib123 on February 22, 2020, 01:10:38 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.

I am still unable to comprehend which altcoins are you referring in this post of yours?

As per my understanding and information published on CMC, almost all good altcoins are performing well. The top 50 have already shown a good price surge and are expected to perform much better this year.

Be more specific when you are creating a topic in the future for us to help you.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: xvids on February 23, 2020, 12:35:31 AM

We have seen some alt-coin bounce back on the first and second week of this month.
So I think those alt-coin that didn't bounce are the one's who doesn't have enough publicity,marketing strategy,upcoming events or contracts that is why investors or traders doesn't choose them.
Don't expect that all of the alt-coin would bounce back since there are so many who aren't worth it to invest in.

Investors are wiser now, they won't just buy coin but instead they will look for big potentials, there's always chances for such alts to bounce if they are really
providing something that worth to follow, but without any news , updates and progress those coins will be forgotten as new projects are being introduce from time to time, expect the competitions is much harder.

hirngespenst

full member

Activity: 812

Merit: 114

Your points seem well observation! Some good coins can't grow enough because of these facts, Bitcoin FOMO is harming a lot to the altcoins market! Therefore whales keep manipulating with the decent altcoin holders. Another problem is people are too much greedy, they don't sell on peak time by hoping a more high price and later they end up by getting loss. My strategy is very clear! Be a brave man and sell any coin on high price or when you see a good profit, you have to understand that no coin will be increasing without coming down or making correction!

xvids

sr. member

Activity: 1176

Merit: 301

We have seen some alt-coin bounce back on the first and second week of this month.
So I think those alt-coin that didn't bounce are the one's who doesn't have enough publicity,marketing strategy,upcoming events or contracts that is why investors or traders doesn't choose them.
Don't expect that all of the alt-coin would bounce back since there are so many who aren't worth it to invest in.

semobo

full member

Activity: 1498

Merit: 146

Quote from: fib123 on February 22, 2020, 01:10:38 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.

Project who cares about dumping their tokens on exchange should reduce the discounts on pre sale so they can reduce more short term investors and effect of dump when the project hits the market.But this is the only reason why new projects gets dumped? Not really because crypto market starts to overwhelm with new projects everyday but people are not ready to invest on the new projects.

FaithInCrypto

jr. member

Activity: 168

Merit: 2

mada mada dane

I think one reason is the fear and lack of trust of investors to altcoins nowadays due to some ICOs turning into scams. But I think if you've been into crypto for years now and truly trust the altcoin that you know, you won't have to worry no matter what the market offers as it's always a roller coaster ride.

$crypto$

legendary

Activity: 2394

Merit: 1049

Smart is not enough, there must be skills

Quote from: CryptopreneurBrainboss on February 22, 2020, 10:26:56 PM

Quote from: fib123 on February 22, 2020, 01:10:38 PM

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:

The main reason I can think of is due to the lost of interest in altcoins in general from but old and new Investors. The old Investors starts selling since they have lost interest but then there isn't any new enthusiast to dump the coins on so they begin lowering their selling price to attract buyers but then there aren't any or when have buyers, usually they're not much which result to low liquidity.

Although this is a general reason, some altcoins are usually the creators of their own downfall. The decision they make can destroy the trust in them by their previous enthusiast. Postponing certain activities like launch date of upgrades or development send a wrong message to their community members also the mismanagement of fund and dumping of coins on the market is also a major contributor to their downfall.

I think it's because of the actions of the developers that can't be trusted by investors so that many altcoins are sold in the market and become a fall in the price of the altcoin.
So now there are many investors who do not believe anymore in their own talk, even the road map is sometimes not according to what is planned, therefore investors always think of how not to lose money, obviously sell it instead of holding it for a long time, there is no price to most altcoins now like that.

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

Quote from: fib123 on February 22, 2020, 01:10:38 PM

Since last few months almost majority of trader/Investor are seems like hopeless or bored from this dead marked,

I cannot say with 100% certainty but a lot of members in this forum has somewhat turned "negative" against altcoins until now and that's probably where your statement is coming from. Outside this forum, I still see a lot of guys on twitter and youtube hunting altcoins on different exchanges and discussing them on their platforms.

Quote from: fib123 on February 22, 2020, 01:10:38 PM

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.

Are you talking about projects who exit scammed? If not, can you name some of these "most projects" that dumped their whole supply? AFAIK, a good portions of premined tokens of most projects are still locked up.

CryptopreneurBrainboss

legendary

Activity: 2408

Merit: 4282

eXch.cx - Automatic crypto Swap Exchange.

Quote from: fib123 on February 22, 2020, 01:10:38 PM

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:

The main reason I can think of is due to the lost of interest in altcoins in general from but old and new Investors. The old Investors starts selling since they have lost interest but then there isn't any new enthusiast to dump the coins on so they begin lowering their selling price to attract buyers but then there aren't any or when have buyers, usually they're not much which result to low liquidity.

Although this is a general reason, some altcoins are usually the creators of their own downfall. The decision they make can destroy the trust in them by their previous enthusiast. Postponing certain activities like launch date of upgrades or development send a wrong message to their community members also the mismanagement of fund and dumping of coins on the market is also a major contributor to their downfall.

Marckolind

jr. member

Activity: 352

Merit: 3

It's pretty obvious that a bunch of newbies is around here, not believing we'll see another boom in altcoins, when the market has been like this from the very start.

The BTC dominance moves up and down accordingly with how the market condition is. Back in 2017, any ALT mooned for absolute no reason, and I've got no doubt that the next bull run will be pretty similar, only with real projects (with actual products) will mega moon.

Projects solving a demand people need, such as Stakenet and their Lightning DEX, fixing the current DEX's speed problem for instance. Trading over the lightning network (with masternodes hosting the Lightning nodes) you'll be able to trade instantly, just as with any other CEX. Best part is that it's an integrated part of their multi currency wallet, which makes trading, storing, and sending your coins back and forth extremely convenient.

Do your own research, regardless of which alt you wish to invest in, though.

Topic: Reason behind ALTCOINS not bouncing Back - page 5. (Read 737 times)