REASON WHY ALTCOIN MARKET HARD TO SPECULATE - page 4.

Republikcoin.com

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Quote from: kotajikikox on March 10, 2022, 05:57:45 AM

well it does not need to be legendary for them to invest here in this market , yeah it is an advantage to us who works here for payment but there are many members here that care nothing about the signature campaign at all.
they are investing and trading mate, and not aware of what they can earn in signature campaining.
but yes it would be nice if he enters the forum that time because that would bring Him more knowledge and understanding in all areas of the market.

If he only works in the market and not in this forum, maybe he doesn't always care about the rankings and campaigns in this forum, but if people enter this forum in 2015 where there haven't been many changes in certain fields such as merit.
Then he was already at the Legendary level with a wealth of experience in this field.

Quote from: ?? on ??

The current ranking does not reflect the experience that the person has, as the OP shared, having approached this market early. I also have a lot of friends joining this market and they haven't even heard of the bounty airdrop. They are not in constant contact, just trending.

If it's just about markets and investing then obviously rankings aren't the main thing for him right now but seeing that he's also following the campaign at the moment and being in this forum since late 2021, then I was a bit surprised by him when he said that.

adzino

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That is not true. Most altcoins that are "shitcoins" or "scamcoins" have fixed rate of coins that can be minted everyday. Again, there are also other altcoins that has fixed supply. Just because the developer wants to change the supply, doesn't mean he can. If the coin is truly decentralized, as long as majority of opposes the change, the supply of the coins cannot be changed. If the developer changes it, then people will move away from the coin because they know its a huge risk when just one person can control the whole supply of the coin.

Mahanton

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Quote from: Odusko on March 06, 2022, 03:36:31 PM

This is based on personal observation and studies of the altcoin market of a period of 2017/22
Altcoins are said to be the alternative cryptocurrency aside from Bitcoin and many of the altcoins are decentralized and also centralized, unlike Bitcoin which is highly decentralized and out of the control of anyone be it the developer or government Bitcoin has a total circulating supply. But Altcoin is developed by individuals e.g Vitalik Buterin Ethereum developer and teams members who are known in the society and the source codes of the coin can easily be updated which have made them not to have a static circulating which is has been the major reason why the altcoin market is hard to speculate because it circulating supply can easily be tempered more coin being minted at will which will render speculators analysis inaccurate in most cases.

Altcoins was never been easy to speculate since from the first place because this market was unpredictable even on those old years.Who are the ones who had predicted that ETH would place itself on 2nd spot in the
market? No one had really anticipated for these things to happen and this is why its really hard and even on traditional markets where currencies/indices/stocks is never been predictable.
You've been having a tug of war with buyers and sellers of course depending on what position you are.This entire market is hard to predict period.

lixer

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Quote from: 7deadlyBTCIN on March 10, 2022, 08:26:50 AM

Altcoins lose value faster than BTC is that's what you need to hear, a 10% loss in price of BTC can tank 30% or more off any altcoins this is why I only invest 30% of money into altcoins and 70% into BTC, the best store of value after stable coins is BTC.

The reason why altcoins move harder is the fact that they lack liquidity and volume. Which means that if you spend a million dollars to buy an altcoin, you may end up doing even 2x on it. This may not work on ETH, but it does work on many smaller cap projects. Which is why there are bigger moves. Change the numbers and you could even have an impact on top 10 coins. So all in all it is not really that easy to finish it all.

I have to say that it is not easy, but also I would like to say that it is more profitable for the same reason as well. Because even though it could drop harder, it could also go up higher as well. This allows people to make a lot more money.

Cling18

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Quote from: Chato1977 on March 06, 2022, 11:05:55 PM

Because altcoin world is too large comparing to single currency on top BITCOIN, how can you speculate a thousand currencies when bitcoin is just there always to show what is the movement in front of us.

and besides why need to expect in altcoins when there is bitcoin that safer and worth trusting .

There are lots of current events affecting Bitcoin and most altcoins rely on it. It's really hard to speculate altcoins because of their volatility and that's its nature. However, there are good coins that we could speculate with smooth accuracy simply because we already know how to deal with its volatility. If you already know a lot about a certain coin, it would be easy for you to deal with its movement and could be considered as an edge.

Furious 7

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Quote from: AbuBhakar on March 09, 2022, 02:01:31 PM

Quote from: Furious 7 on March 09, 2022, 01:02:45 PM

There are two natures of speculation, that is, it can be true and it can be false. It is a certainty and cannot be changed.
Even if what we research will get data that will be very good at creating speculations that can be considered profitable for us to make decisions, but indeed we also cannot be completely sure that the speculations that we do will become reality because again it can happen and can happen. that just can't come true either

Sometimes in speculations we only think what we wanted to happen but not basing in facts or charts of the project. Altcoin is designed to be this volatile, if not then that project should probably have no trading value since no more new investors are buying it. Some altcoins were just tend to added in the list of coins but didn’t give an impact in the market. When it comes in ICO before we can learn how too many projects are coming yet only few is able to keep its phase and keep their project up to now. Only those in top list is still making progress.

I don't really agree with what you say. in speculation I do not see completely what we want there because speculation is only a subject based on Indicators and other data that is used to support how we determine our attitude later.
Even if their results show something we don't want like a decline for example then we can't do anything about it.

tygeade

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Quote from: Republikcoin.com on March 10, 2022, 04:51:52 AM

Quote from: Odusko on March 10, 2022, 04:05:17 AM

I first heard and read about Bitcoin in 2015 and since then I have gained a lot of knowledge about Bitcoin so I was well informed when the altcoin boom of 2017 happened, quite a large number of cryptocurrency users are not aware of this forum but gradually they beginning to be aware of bitcointalk and are coming on board.

It would be amazing if you had time to enter this forum in 2015, so you can be at Legendary rank for now and get a lot of benefits through bounties in 2017. But I saw you enter this forum on December 12, 2021 and that is too late in my opinion.
So how did you find out about the altcoin boom of 2017 Huh

because I think it's very strange.

Even though he isn't involved in the forum to reap rewards from the services offered here, I guess he was still earning good outside because he started in 2015 when btc was still cheap and two years later it got boom and ready for a selloff. 2017 hype is the time when crypto especially bitcoin got really popular. Those people scan for information online to get good at it and they eventually discovered this forum.

It is not too late but he can still rank up if he will just post meaningful stuff. Anyway back on the original topic, no one here is easy to speculate. Bitcoin and altcoins, both of them are the same. This is what makes crypto investing risky.

7deadlyBTCIN

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Altcoins lose value faster than BTC is that's what you need to hear, a 10% loss in price of BTC can tank 30% or more off any altcoins this is why I only invest 30% of money into altcoins and 70% into BTC, the best store of value after stable coins is BTC.

kotajikikox

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Quote from: Republikcoin.com on March 10, 2022, 04:51:52 AM

Quote from: Odusko on March 10, 2022, 04:05:17 AM

I first heard and read about Bitcoin in 2015 and since then I have gained a lot of knowledge about Bitcoin so I was well informed when the altcoin boom of 2017 happened, quite a large number of cryptocurrency users are not aware of this forum but gradually they beginning to be aware of bitcointalk and are coming on board.

It would be amazing if you had time to enter this forum in 2015, so you can be at Legendary rank for now and get a lot of benefits through bounties in 2017. But I saw you enter this forum on December 12, 2021 and that is too late in my opinion.
So how did you find out about the altcoin boom of 2017 Huh

because I think it's very strange.

well it does not need to be legendary for them to invest here in this market , yeah it is an advantage to us who works here for payment but there are many members here that care nothing about the signature campaign at all.
they are investing and trading mate, and not aware of what they can earn in signature campaining.
but yes it would be nice if he enters the forum that time because that would bring Him more knowledge and understanding in all areas of the market.

Republikcoin.com

legendary

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Quote from: Odusko on March 10, 2022, 04:05:17 AM

I first heard and read about Bitcoin in 2015 and since then I have gained a lot of knowledge about Bitcoin so I was well informed when the altcoin boom of 2017 happened, quite a large number of cryptocurrency users are not aware of this forum but gradually they beginning to be aware of bitcointalk and are coming on board.

It would be amazing if you had time to enter this forum in 2015, so you can be at Legendary rank for now and get a lot of benefits through bounties in 2017. But I saw you enter this forum on December 12, 2021 and that is too late in my opinion.
So how did you find out about the altcoin boom of 2017 Huh

because I think it's very strange.

Odusko

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Quote from: peter0425 on March 06, 2022, 10:49:37 PM

But your account was just created last year, meaning is this your new account?

I first heard and read about Bitcoin in 2015 and since then I have gained a lot of knowledge about Bitcoin so I was well informed when the altcoin boom of 2017 happened, quite a large number of cryptocurrency users are not aware of this forum but gradually they beginning to be aware of bitcointalk and are coming on board.

Benefactor

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Theory developed exceptionally wild and made the market free for all. this is one type of hypothesis that creates in altcoins. or on the other hand there is likewise hypothesis connected with image coin. Assuming that it's an old task and it can remain at the highest point of Coinmarketcap then we can see their turn of events and obviously this hypothesis should be possible on projects with their objectives and items.

JeffBrad12

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More coin minted will be giving more inflation to the token. As far as i can see that if this has nothing to do with the speculation or difficulty to predict the price. Doge coin has proven it if that was a wrong statement and why? new coin being minted in the daily basis and it has no total supply means the inflation will remain forever but as you can see the big demand can bring the price of doge worth almost 1 dollar last year and that's enough to call your statement is not even true.
This is based on the fact that already happened in the market. I can even mention more coin or token to prove your statement was totally wrong.
The manipulation is making the market is hard to predict and it's not about the inflation caused by the new coin being minted everyday for the POW coins.

fuguebtc

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Quote from: ?? on ??

Quote from: fuguebtc on March 08, 2022, 08:46:50 PM

Quote from: Chato1977 on March 06, 2022, 11:05:55 PM

Because altcoin world is too large comparing to single currency on top BITCOIN, how can you speculate a thousand currencies when bitcoin is just there always to show what is the movement in front of us.

and besides why need to expect in altcoins when there is bitcoin that safer and worth trusting .

Bitcoin is indeed the safest in crypto but we are here to make profits, so diversify your portfolio. The bigger the altcoins world, the bigger our chances of making a profit. There have been many successful altcoins not just bitcoin.
This market is made up of not only bitcoin but also altcoins. New trends constantly creating in the market are the main reason driving the development of the entire cryptocurrency market.

But the bigger the profit we get, the greater the risk we risk.
Even though now the world of altcoins is getting bigger that can benefit us all, but we also have to look at the risks in the future.
Because altcoin prices don't always go up and always give profits.
Of course there will also be disputes, especially if the bitcoin price drops drastically, of course they will also follow the bitcoin price right.

Those who invest in bitcoin from day one are also taking big risks, because no one would think bitcoin today is worth a thousand times that made them rich. Same goes for altcoins, if we research, choose and believe in what we do, success will still come to us.
I am not saying don't invest in bitcoin but manage your capital properly to get good returns. Because investing is always risky.

CaVO32

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Quote from: justdimin on March 09, 2022, 04:42:41 PM

Quote from: peter0425 on March 09, 2022, 06:34:28 AM

Quote from: Raflesia on March 07, 2022, 03:54:24 AM

It's not completely bullshit but indeed the average altcoin project now has no future and just follows the trend of hype, for example, meme coins that take advantage of prices that go up once and then fall deeper and that's what's hard to speculate.
If it's an old project and it can stay at the top of Coinmarketcap then we can see their development and of course this speculation can be done on projects with their goals and products.

Yups i did not mentioned that everything is shit but at least majority of them so i said it's Full of Shit.

there are altcoin that already brings me profit from the past, but at least those are the coins that still in the top list lol. Grin

But let us speculate using our risking funds and not our most saved funding .

I would say that the reason why there are so many shitcoins out there is the fact that we are talking about a market that is so volatile and also so much filled with shitcoins and scams. I mean if you removed all the ones that were created just so the creator could make some money as well, when the creator of a project has absolutely no focus on making money (if they do, it is fine but that is not the point for them), then you will be left with maybe like 100 decent coins.

Even at the top there are so many, USDT is like that, XRP is 100% openly about that, USDC is definitely about that, Terra is about that, and these are just the top ones. Go below top 100 and 99.99% of them are like that. So, it is really hard to find legit ones.

This is the repercussion of having no authority to regulate the creation of coins. Everyone can basically create their own coin at their own disposal. Though we like it this way, however, it is now on you how to take care of your own business when it comes to investing these coins. Also, being anonymous in this market is very common, the reason why it is proliferated by scammers because they can deploy their project without disclosing their identities. And so they can disappear anytime they want. Indeed, only few are worth to take a look at. But there are newcomers that can easily fall from the bait of these fraudsters, hence, these scammers are relying from these naive users.

AbuBhakar

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Quote from: Furious 7 on March 09, 2022, 01:02:45 PM

There are two natures of speculation, that is, it can be true and it can be false. It is a certainty and cannot be changed.
Even if what we research will get data that will be very good at creating speculations that can be considered profitable for us to make decisions, but indeed we also cannot be completely sure that the speculations that we do will become reality because again it can happen and can happen. that just can't come true either

Sometimes in speculations we only think what we wanted to happen but not basing in facts or charts of the project. Altcoin is designed to be this volatile, if not then that project should probably have no trading value since no more new investors are buying it. Some altcoins were just tend to added in the list of coins but didn’t give an impact in the market. When it comes in ICO before we can learn how too many projects are coming yet only few is able to keep its phase and keep their project up to now. Only those in top list is still making progress.

justdimin

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Quote from: peter0425 on March 09, 2022, 06:34:28 AM

Quote from: Raflesia on March 07, 2022, 03:54:24 AM

It's not completely bullshit but indeed the average altcoin project now has no future and just follows the trend of hype, for example, meme coins that take advantage of prices that go up once and then fall deeper and that's what's hard to speculate.
If it's an old project and it can stay at the top of Coinmarketcap then we can see their development and of course this speculation can be done on projects with their goals and products.

Yups i did not mentioned that everything is shit but at least majority of them so i said it's Full of Shit.

there are altcoin that already brings me profit from the past, but at least those are the coins that still in the top list lol. Grin

But let us speculate using our risking funds and not our most saved funding .

I would say that the reason why there are so many shitcoins out there is the fact that we are talking about a market that is so volatile and also so much filled with shitcoins and scams. I mean if you removed all the ones that were created just so the creator could make some money as well, when the creator of a project has absolutely no focus on making money (if they do, it is fine but that is not the point for them), then you will be left with maybe like 100 decent coins.

Even at the top there are so many, USDT is like that, XRP is 100% openly about that, USDC is definitely about that, Terra is about that, and these are just the top ones. Go below top 100 and 99.99% of them are like that. So, it is really hard to find legit ones.

Furious 7

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There are two natures of speculation, that is, it can be true and it can be false. It is a certainty and cannot be changed.
Even if what we research will get data that will be very good at creating speculations that can be considered profitable for us to make decisions, but indeed we also cannot be completely sure that the speculations that we do will become reality because again it can happen and can happen. that just can't come true either

Webetcoins

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Quote from: X-ray on March 09, 2022, 04:18:11 AM

that's why there must be a hardcap supply. To be honest volatility is the main thing that makes altcoin market is hard to speculate compared with another major coins like bitcoin.
The pump and dump can occur anytime and it's not about the more circulating supply was preventing the price to go up and it's not like that. I think that you didn't understand how volatility was working. As long as there would be a hardcap for the total supply and people will always try to buy the token. It has nothing to do with the circulating supply but the only bad thing as this gives a little contribution to prevent the pump as people are dumping their tokens to the market.
Don't you even see those who have grown from the bottom to the moon like doge coin or shiba inu? have you ever talked about how many the tokens in their circulating supply?

But, what causes volatility? There must be a reason behind it. The volatility of bitcoin is natural because it's decentralized while a centralized altcoin is more prone to manipulation, that is why I think they are easy to speculate than bitcoin.

Yup, it's not only the supply that prevents the price from rising because even a high supply coin can rise unexpectedly just like on dogecoin. No one ever expects that it will kill too many zeroes which resulted in 0.1 price right now. Hype and other factors can also be a reason. Understanding how volatility works or what causes it is a must thing that one should have before engaging here so that the risks of losing can be minimize.

TastyChillySauce00

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Even if the project has been starting through ICO and is not it there was an agreement about how much fixed coins in the circulating supply? The majority of tokens and coins these days are using POS consensus and this coin and token can't be minted like when you are seeing POW coin with no total supply that can be easily minted to be dumped into the market. I think that the correlation is so weak. There's no point to stand with this statement. If there will be more buyers and tokens minted will become no problem for price. The price can still increase althought minted token gets dumped so hard.
This must be straight with the increase of demand for the tokens. SLP will give you example what worst inflation that was affecting the price.

Topic: REASON WHY ALTCOIN MARKET HARD TO SPECULATE - page 4. (Read 812 times)