REASON WHY ALTCOIN MARKET HARD TO SPECULATE - page 5.

peter0425

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

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

Altcoin is hard to speculate know why? because they are full of shit , most of them are scammer and most have no future at all.

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 .

X-ray

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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?

rodskee

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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.

Indeed that since there are thousands of Altcoin in circulation the chance of making huge profit is also there and that is the reality here, but one thing that matters everytime and that is How to find this profiting currency? same reason why many are investing in Bitcoin even if this took them long time before managing to earn because it is the safest and the most trusted one.
if you can manage to track which currency will move in that certain time? then you will surely be in profit .

saladin7000

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I think the reason why the altcoin market is very difficult to predict is because crypto is very volatile so we are required to proactively monitor the movement of the assets we have, especially if we store too many shitcoins, these coins have a very high risk to be stored in the long term, but if You keep some altcoins that have bright prospects such as BTC, ETH, BNB, SOLANA, ADA, and DOT, you have a great opportunity to be able to get higher profits in the future.

CapGelatik

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Quote from: Republikcoin.com on March 09, 2022, 12:00:57 AM

Quote from: ?? on ??

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.

Now the conditions have started to change and you can immediately see the market right now. Regarding the magnitude of the benefits and risks, it should happen to everyone because those who dare to take risks, obviously will get a lot of benefits if their conditions can really improve.

The market is not really stable and can still change at any time, so keep up with the developments.
whose name is taking risks, there must be ones that end up getting a profit or otherwise getting a loss,
So even in taking risks, we can't just make a decision, we need to analyze it first and then decide whether to take the risk or not

traderethereum

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If you keep an eye on many altcoins, it can leave you confused about when to trade.
Nowadays, altcoins are becoming more difficult to predict or analyze because they follow the movement of bitcoin, which is also difficult to analyze.
The number of new altcoins appearing on the market is one of the factors that trigger difficulties in speculating which altcoins have good movements and can go up and down as we want.
Traders and investors always want altcoins that have good movement in the market. Still, it is hard to come by because if the movement of bitcoin is unstable, this also makes the altcoin position unstable.
And that means altcoins will be more difficult to analyze but we can still buy and hold altcoins for a while and wait for the price to rise so we can sell them for profit.

lornadane

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Quote from: dimonstration on March 08, 2022, 11:55:13 PM

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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.

Altcoins are too volatile even before. If we will focus into too many altcoins it will be hard to assess and earn from it. Better study first their chart and market before investing. I experienced having too mamy different altcoins and not being able to monitor them all that cost me loss. It will be better to have atleast coins that we can focus in long term and in short term provided we know how to manage them properly since they are too volatile to handle.

Me too a few months ago before bitcoin and other altcoins went down like now I bought several different altcoins until I chose the wrong altcoin that I didn't deserve to keep in the long term until now I've lost a lot of money.
I just hope that if the price of my altcoin is at least a return on investment, I will be very grateful rather than not getting any benefits at all.
The selection of a good altcoin turns out to take a long time and is not easy. Don't as long as the price is good, we buy it right away without us expecting that in the future the price will collapse like what I'm living now.

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Quote from: ?? on ??

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.

Now the conditions have started to change and you can immediately see the market right now. Regarding the magnitude of the benefits and risks, it should happen to everyone because those who dare to take risks, obviously will get a lot of benefits if their conditions can really improve.

dimonstration

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Quote from: ?? on ??

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.

Altcoins are too volatile even before. If we will focus into too many altcoins it will be hard to assess and earn from it. Better study first their chart and market before investing. I experienced having too mamy different altcoins and not being able to monitor them all that cost me loss. It will be better to have atleast coins that we can focus in long term and in short term provided we know how to manage them properly since they are too volatile to handle.

fuguebtc

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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 .

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.

StarKay

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Your observations are correct however it is not limited to just that, unlike BTC Altcoins can also rugpull investors because of the low market capitalisation that some of them have. P&D is also common and apart from that having over a thousand of Altcoins definitely makes it difficult to speculate because they don't produce the same result.

South Park

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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.

That is not really the reason, the main reason for this has to do with technical analysis, most of the people in the market are using technical analysis to try to guess what will happen in the market next, however one of the known problems of technical analysis is that it does not work in an asset that has too small of a volume, and what is the man characteristic among most new coins in the market? That they have a low volume, so it is impossible to use technical analysis to try to infer their next movements.

WalkerIVIV

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

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.

None control it but when bitcoin came to the centralized exchange site hot wallet and this will become truly centralized as exchange site is having 100% control over the wallet.

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

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.

I think that who's developer has nothing to do with the speculation. Remember the as long as there will always be demand and supply and volatility will always there. It has nothing to do with the circulating supply. It's totally peg with demand and supply. This makes the market is very hard to be speculated as the demand and supply was always growing up or down instantly.
I think that that's the main reason why the altcoin market is very hard to speculate

livingfree

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Many of the altcoins are centralized and investors of it doesn't see that factor. Because, in most of the perspective of investors, they're just mere investors and doesn't have to be looking at the technical side of it so that doesn't really matter at all.

The one big reason why alt market is hard to speculate is it's prone to manipulation which is really happening at most times.

CaVO32

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I think at the end of the day, everything relating in updates in altcoins gonna be decided by the consensus either from the stakers and miners.
if the altcoin could be minting new altcoins and it’s up to the developers to decide, then it could be considered just a scam altcoins because the circulating supply and total supply could be tempered easily.
instead most of the altcoins that are already popular and famous aren’t messing with their fixed total supply as its gonna trigger chaos and could make their altcoins being left by the users.
this is the reason why so many people are also persuaded in analyzing the technicals of the altcoin, not just blindly investing.

Not only the technical part of it but the actual development and use case of the coin. As we have seen, if the alt has no strong application in the market, it can easily decline its liquidity in the market up until no more interested traders are going in. Only few alts up until now has very good foundation and keeping up with their promised application and services. This is why only few alts are worth holding even if there are thousands of them scattered in every trading platform.

goaldigger

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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 .

Altcoins are hard to speculate but it doesn’t mean they are not good, there’s a lot of altcoins project that deserve to be on top as well, so don’t live with Bitcoin alone, better to diversify.

Speculating is not easy and its actually stressing since you are predicting a future that may not happen. You can’t fully rely on speculations, better to analyze the price trend and follow the chart by this you can actually tell when you will buy and sell.

usekevin

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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.

Altcoin is not a bitcoin.Whenever their is dump in bitcoin price.All the time, the price of bitcoin reduced, the price of altcoin was reduced a huge value. The recover of the altcoin price is not easy one. Once it reduced 10 times, it will recovered for 4 times. When again bitcoin price reduced, it will further reduced to the bottom of cup.The only way to recover full lose is, you need to inverse on best altcoin. Secondly you should wait for the longer time.

el kaka22

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Decentralization getting lost on crypto market is not a lie, that's something I am seeing all the time in the crypto world. That doesn't mean that there aren't any decentralized projects left, but the idea of being centralized or decentralized has been a bit blurry lately. Imagine it this way, bitcoin is decentralized but we got segwit, satoshi didn't do it, we did and we all agreed, that's cool right? Makes it centralized? Of course not, which means there could be some changes and not become centralized.

But, justin Sun changed the entire network of trx after they started, or pancakeswap keeps getting new features, is that decentralized? I do not know. What about BNB? That is totally different thing from when it started, decentralized?

All in all I am not entirely sure what decentralized even means anymore, is it the fact that nobody can touch the chain itself and can't meddle with it? If that is the case then there are many decentralized projects, if it means to not even change a thing from start, then even btc is not decentralized anymore.

Ararbermas

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Yup its true altcoins can be minted easily. But i can't really tell that because of that reason it will become to hard to speculate alts.
because you know everytime when there's such event all devs and team behind always publish an announcement for the awareness of everyone. probably if you're not up to date of what's happening because surely it will become to hard to speculate..

Raflesia

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

Altcoin is hard to speculate know why? because they are full of shit , most of them are scammer and most have no future at all.

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.

Topic: REASON WHY ALTCOIN MARKET HARD TO SPECULATE - page 5. (Read 812 times)