Topic: The faith of Altcoins in 2022 - page 10. (Read 2017 times)
The market conditions are very bad in 2022. The price of all the coins has come down. I hope it will be much better in the future. The reason is that I think the price of all the coins will increase a lot in the future
It seems that for 2022, the trend will be slightly different from the trend that previously died, because in the past there were not many adoptions that could be used by companies and also not much was known by those who were already rich outside of cryptocurrencies.
The increase of the year number does not mean an increase in the legitimacy or future value of a project. Bitcoin was launched back in 2009 and see where it has reached today. Projects launching in the last five years have been facing a lot of issues including bankruptcy, lack of development and community attrition. You dont get a future value in such project but you will get it in bitcoin, and it is still worth buying even if price may be above 40k USD.If you want to be on the safer zone, buy bitcoin. If you are willing to take the risk of losing money overnight when it crashes during your slumber, go with altcoins, but whatever do you, do not fall for the hype trains that begin all of a sudden and pump like crazy.
Contrary to speculations from various cryptocurrency analysts who have predicted that the altcoin market was going to witness the highest price boom in 2021 it seems the hype was overrated and the market went in the other direction opposite the speculations and many speculators are left with no choice than to flow with the current market conditions.
The altcoin market witnessed some new development and projects such as the web 3 NFTs and the discovery of the metaverse which are now the rave of the moment, this and many more are the happenings that characterize the altcoin market with its wave being transferred to this year 2022. I guess the altcoin faith is left hanging at the moment and a lot of analysis has gone ahead which all point to a more groundbreaking development ahead.
Speculation does have a contradictory meaning, the altcoin market is expected to experience a high price explosion in 2021, today we see the issue of hype being developed, the presence of NFT provides little room for people to participate in investment, in 2022 people predict the altcoin market will depend on how bitcoin goes forward will run in the market, if bitcoin continues to be pressed to a low price, then the altcoin opportunity will also be the same as bitcoin's condition. The altcoin market witnessed some new development and projects such as the web 3 NFTs and the discovery of the metaverse which are now the rave of the moment, this and many more are the happenings that characterize the altcoin market with its wave being transferred to this year 2022. I guess the altcoin faith is left hanging at the moment and a lot of analysis has gone ahead which all point to a more groundbreaking development ahead.
I still have faith in crypto, not only in the year 2022, but also the years after.
Currency inflation is becoming worse than ever, with Metaverse becoming the trend, money will be invested and public attention will switch from traditional industry to crypto for sure. The key is to find promising project, since too many Altcoins are just scams.
Currency inflation is becoming worse than ever, with Metaverse becoming the trend, money will be invested and public attention will switch from traditional industry to crypto for sure. The key is to find promising project, since too many Altcoins are just scams.
Usually bad trends like this can happen for a long time, I have known cryptocurrencies since 2011 and at that time the market skyrocketed and then dropped again and rose in 2013, then dropped again and skyrocketed in 2017 then dropped again and in 2021 skyrocketed again, from several the trend looks pretty much the same but I hope it doesn't happen again in 2022.
I'm always optimistic about the performance of cryptocurrencies even though since December it's still declining, the number of millionaires and global companies that invest and are carrying out massive campaigns like Crypto.com or Coinbase makes me sure that the market will skyrocket again soon.
The situation is indeed being corrected since last year and all what analysts have said so far that there will be a price of $100K at the end of the year is not proven, and you are right that until now the correction is still happening. I hope that the correction that occurs does not have to reach -$40K, because of course there is a lot of concern if it happens, because it could continue to decline.Of course, the holders of big institutions and companies are worried, if this correction is continuous and there is no improvement and accordingly they will also try to intervene so that it doesn't happen. because they will be waiting too long to get results, which will cost them their time.
I will always be optimistic that there be time to recover and will improve in the end, it takes patience to be able to see situations like this.
Additionally litecoin imo is a still a decent organization which accumulated trust during the most recent 10 years; as indicated by most recent delivered refreshes, litecoin is in such a dependability contrasted with other significant alts. In the event that it's not bitcoin, its an altcoin, and most people who passed up bitcoin are looking for potential open doors with different coins.
I personally still have my full faith in altcoins, though not altcoins in general as there are still alot of scams out there waiting to happen, many rug pulls as well, but in the midst of all this, there are still alot of legit altcoins out there that are also waiting for some major developments before they come to the limelight, these are the types of altcoins am currently hunting for all day to invest in.
Some altcoins might deliver their promises but these are one in a thousand scams, cashgrabs and failures. Crypto is the wild west for now unless you buy bitcoin. Major developments rarely come into crypto, it happens mostly on the mainstream market and although a lot of new things did happen in connecting the two, it will still take time and more effort than just another spaceship millionaire.Not sure if spending time on hunting altcoins is a fruitful venture, you need to get a reality check done or you might end up wasting time on a vaporware.
I think if regulation can be done, these scum project will reduce in number to a large extent or they will be scared to not end up being a rugpull and get sold to join another competitor, just like what happens in bankrupt companies on the mainstream.
There will always be positive speculation about the market situation every year but 2021 isn't actually a bad year for crypto. I'm also too positive that things will get better this year despite the continued existence of the pandemic. I believe that more potential coins would strike a better price and more great projects would exist.
even every year speculation will continue to exist both positive and negative.on the other hand as you said 2021 is not a bad year and even if you look at it with the naked eye it's already known.
how btc made their new ATH 2 times during 2021.
but indeed things like this can not be separated from fud and some other controversies there.
but whatever it is I think this year will be even better than last year
bearishness will definitely happen and I'm sure it will happen whether it's currently in a bearish period or not for sure it will happen, but on the other hand after bearishness of course there are bigger things because the benchmark we all probably know is that there is simply an increase and a decrease and there is bearish there must be bullish.
on the other hand for the metaverse itself I'm still monitoring mana and sandboxes now. for axie itself not too bad but i prefer sandbox i guess
The expectations towards altcoins in this year of 2022 must be around the called metaverse that seems the next big useless hype of the moment, that is surely going to be used to milk money from speculators who are constantly looking for high returns in short time periods. For big investors who have a lot of money to waste, that isn't a big risk or issue, as they do this kidding without suffering any serious consequences later, but for the small fishes who get greedy with the news they read about whales making big money with altcoins, defi, nfts and now metaverse, the risk is huge, because these people can't afford to lose money with risky investments following the whales' playstyle.
That is why I think faith in altcoins must be avoided. Don't get easily impressed by news saying an altcoin A or B is overcoming bitcoin and rising thousands of % in value on short run. Faith is indeed important, but when investing, logic also plays a big role.
That is why I think faith in altcoins must be avoided. Don't get easily impressed by news saying an altcoin A or B is overcoming bitcoin and rising thousands of % in value on short run. Faith is indeed important, but when investing, logic also plays a big role.
Sometimes, we expect too much about what to happen with altcoins in 2022, as in 2021. Some predict about its altcoin season that will probably happen during 2022, as we know that most altcoins are still not worthy enough.
We can see some are in the hype and pump so highly in 2021 but in 2022? It seems they are not able to survive and going to be dead.
Altcoins are always like this, becoming a subject to predict again and again. but in fact, the market doesn't give what we are expecting.
But well, I am still thinking about the chance that altcoins have in 2022. Although there may be a winter season coming in this year, it doesn;t mean there will be no altcoin season before this.
We can see some are in the hype and pump so highly in 2021 but in 2022? It seems they are not able to survive and going to be dead.
Altcoins are always like this, becoming a subject to predict again and again. but in fact, the market doesn't give what we are expecting.
But well, I am still thinking about the chance that altcoins have in 2022. Although there may be a winter season coming in this year, it doesn;t mean there will be no altcoin season before this.
I started to doubt about NFT this year because it's already becomes too mainstream and people abuse it like it's just a joke. Honestly in my country NFT becomes so hype the triggers is from someone took selfies for 4 years continuesly everyday and sold his photos for a thousands dollars in ETH as an NFT, and then people starts making jokes for capturing everything and sell it on NFT platform. So it's already become over use and i know if the hype in crypto that already on the top of the hype, there will be hype switching and the older hype will be dead.
I mean isn't that the whole deal? You can sell literally anything you want, ANYTHING that can be NFT. I mean that's the whole reason why technology improves. Tiktok is not something I will ever use, and I have mocked a lot of people who used it, and many people on tiktok looks like young idiots but to remember, back in our youth we had stuff like vine, which was like 6 seconds or 10 seconds or something to do a joke or something, that was cringe as well.So, just because they were all weird and cringe and definitely mocking material, did that make it not good enough? Plenty of people became famous thanks to it and made a lot of money. NFT is like that, you can mock a lot of people, and most of them will be seriously weird cringe people, but there will always be some NFT investors who know what they are doing and will make a lot of money from it.
I have still huge faith in the Altcoins. Yes, Altcoins could not boom as expected in the previous year but expectations are still there but I must say meme coins took away most of the investments in the previous year now investors are attracting towards the NFTs and Metaverse let's see how altcoins will perform this year but I noticed there is a huge craze for the metaverse.
Personally I think the word faith is too strong, people can have positive expectations out of some altcoins that enter the market and I think that is natural, but to go as far as say they have some blind confidence that those altcoins will do fine during this year is taking things a step too far.After all it is no secret that more than 90% of the coins ever released are either scams or bad projects not worth our time, and when we take into account such a high failure rate I do not see how people can be that confident in altcoins.
There will always be positive speculation about the market situation every year but 2021 isn't actually a bad year for crypto. I'm also too positive that things will get better this year despite the continued existence of the pandemic. I believe that more potential coins would strike a better price and more great projects would exist.
even every year speculation will continue to exist both positive and negative.on the other hand as you said 2021 is not a bad year and even if you look at it with the naked eye it's already known.
how btc made their new ATH 2 times during 2021.
but indeed things like this can not be separated from fud and some other controversies there.
but whatever it is I think this year will be even better than last year
There will always be positive speculation about the market situation every year but 2021 isn't actually a bad year for crypto. I'm also too positive that things will get better this year despite the continued existence of the pandemic. I believe that more potential coins would strike a better price and more great projects would exist.
even every year speculation will continue to exist both positive and negative.on the other hand as you said 2021 is not a bad year and even if you look at it with the naked eye it's already known.
how btc made their new ATH 2 times during 2021.
but indeed things like this can not be separated from fud and some other controversies there.
but whatever it is I think this year will be even better than last year
Well, the crypto market is on a new phase with new projects coming on board daily it makes it hard for speculative prediction and accurate forecast of what the future hold for altcoin in the year 2022 but we shall keep our figures cross to see what the outcome will be and how the altcoin will involve through the year.
Contrary to speculations from various cryptocurrency analysts who have predicted that the altcoin market was going to witness the highest price boom in 2021 it seems the hype was overrated and the market went in the other direction opposite the speculations and many speculators are left with no choice than to flow with the current market conditions.
The altcoin market witnessed some new development and projects such as the web 3 NFTs and the discovery of the metaverse which are now the rave of the moment, this and many more are the happenings that characterize the altcoin market with its wave being transferred to this year 2022. I guess the altcoin faith is left hanging at the moment and a lot of analysis has gone ahead which all point to a more groundbreaking development ahead.
The altcoin market witnessed some new development and projects such as the web 3 NFTs and the discovery of the metaverse which are now the rave of the moment, this and many more are the happenings that characterize the altcoin market with its wave being transferred to this year 2022. I guess the altcoin faith is left hanging at the moment and a lot of analysis has gone ahead which all point to a more groundbreaking development ahead.
As I believe, you shouldn't lose the faith of Altcoins in 2022 as there are altcoins to explode. Of course, it’s a little challenging figuring out which particular altcoins will be the next to explode. For instance, thanks to Elon Musk’s support tweets for Dogecoin throughout 2021, the crypto was able to achieve tremendous growth. Additionally, popular altcoins tend to constantly change. Altcoins that were popular three years ago may not even be in the top 100 list. However, with that said, here are a few altcoins that you should watch out for in 2022:
- Solana
- Zilliqa
- Kishu Inu
- IOTA
- Pundix
The source: https://swapzone.io/blog/which-altcoins-to-buy
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I personally still have my full faith in altcoins, though not altcoins in general as there are still alot of scams out there waiting to happen, many rug pulls as well, but in the midst of all this, there are still alot of legit altcoins out there that are also waiting for some major developments before they come to the limelight, these are the types of altcoins am currently hunting for all day to invest in.
There will always be positive speculation about the market situation every year but 2021 isn't actually a bad year for crypto. I'm also too positive that things will get better this year despite the continued existence of the pandemic. I believe that more potential coins would strike a better price and more great projects would exist.
2022 is still early but I'm optimistic that the market in 2022 can be better than 2021, even though the market is still red at the beginning of the year, but with the large number of NFT and Metaverse projects, I have no doubt that the market in 2022 can skyrocket.
Well we started the year at the wrong foot already, and it history repeats itself, then we might be in a bearish cycle and those spikes that we are seeing are just a trap for us.
But there could be some bright lights like the NFT and Metaverse that I think will still be the hype this year and could only be the one making some gains in the bear market.
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