The faith of Altcoins in 2022 - page 5.

Bertyda

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Quote from: Violetta87 on January 19, 2022, 04:15:31 PM

A lot depends on how useful is altcoins. Good altcoins that are useful for people will survive even in the fall of the market.
There are altcoins that offer cryptocurrency investment tools with crypto APP to work like S&P 500 like https://twitter.com/FiPiToken/status/1482266971731378177

Development of altcoins a lot will depends from the conditions of cryptocurrency market. If market will continue to rise people will invest more actively in altcoins and the development will increase.

During the dip of the market investors actively buy cryptocurrency assets. And dip of the market is a good reason to buy assets for the best price.
Also, during the fall of the market only the best projects will be able to survive.

Pamadar

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I think we can still take advantage of altcoins in 2022. Many of the top altcoins have now risen again like in 2017 and the increase that occurred really made us believe in several altcoins, seeing the developments that occurred in 2021 it was very significant bitcoin reached a new ath as well as some altcoins like Ethereum and bnb especially now that there is a new chain, namely NFT, which is now working with crypto to make altcoins stronger this year.

Yes, there are good alts that still moving forward lucky to those who bought when corrections are still ongoing,

Now they are on a good, profitable status. It's on them if they will sell now, then wait for another fall or keep holding and wait
for much higher value..

We can't predict accurately, but we can assume if we understand how the project works and what are the development is that
will continue to progress.

seleme

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Quote from: lalabotax on February 03, 2022, 06:23:01 PM

Quote from: Tellek Garing on January 02, 2022, 07:19:29 AM

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 don't understand this statement. Do you think the developers of altcoins need to improve something to make investors be interested to buy altcoins? Each altcoin has its own advantage and specialty, I don't think we must generalize them. I still believe that investors are still interested to buy altcoins more in 2022, crypto market is in a correction phase. So, those investors have a chance to buy at a cheap price before the next uptrend. Sometimes investors don't think about the quality of the altcoins, they buy altcoins based on the hype. While the hype can happen at any time, there is no specific time.

That was quite logical statement, what is the reason behind your opinion that development has no direct connection with demand by investors? The HYPE has been there for developed projects that been leader on their related circle. Quality doesn't matter for small investors who wanna get quick-rich in a single correct investment decision, the struggle becomes real when project and its market shadows don't meet expected standarts. Specific timing is as important as entry/exit prices, being at right place on right time is more important than being skillful, experienced in this industry, sad but true.

blockman

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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.

Those scams and rug pull, they won't be gone. That's why as an investor in the alts market, we should know the fact that there are too many ways of avoiding them. Do not invest a lot in the altcoins especially to those alts that you have just seen going up. You're catching the falling knives if you do so. That's why in my preference, I'd buy those with history and verified strong market and community. Unlike the newer ones, they're likely the ones to fall because they are still new and developers can easily do a rug pull if they want to.

cornhodlr

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Altcoins will always have a future once governments don't outlaw them on behalf of central banks and you have an exchange to list them and fresh supply of fools to buy them.

Ngemmeng

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what's wrong with speculation or analysis that says the altcoin market will witness a price boom in 2021 ? as we all know if the price of bitcoin and altcoins rises drastically in 2021? even bitcoin and many altcoins are able to hit their highest price twice in one year (this is very rare).
talking about NFT or web 3 it is an innovation that is happening in the crypto world and if we talk about innovation there will be no end because innovation will continue to happen.

blockman

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Quote from: Skinny48 on February 05, 2022, 12:33:54 PM

Its not over until it's over, I think that metaverse, NFT and web 3.0 will take an unexpected turn this year,

Those became a trend last year and if it still does for this year, lucky those that have invested in them.

Quote from: Skinny48 on February 05, 2022, 12:33:54 PM

market value will decline for sure but a new breed of gains will be born if you know what's best for you it's better to hold few web3.0 tokens in your wallet because this use case will be the most talk about in 2022.

You choose what kind of web 3.0 coins you're going to hold. There are still plenty of people that are not aware of it and doesn't really care about these type of tokens.
And that's the reason why it seems they're not yet that popular and despite being trendy, there's not that much reaction from the community although it's gaining its momentum.

LUCKMCFLY

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Quote from: Silver80 on February 03, 2022, 05:48:42 PM

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Since the entire market is on a red note it is hard to say what the hope of altcoin in the year 2022 is as many analysts have predicted this year to be NFT year and the metaverse also.
The altcoin market is going to recover with a lot of new developments and platforms in the gaming world as digital content will. make quite a lot of noise this year.

even though it is predicted, the beginning of the NFT and metaverse is not very visible, while the month is already the second month the noise is still waiting in the middle or end of the year, so prepare yourself

To think about the metaverses it is necessary to review and see how much they can improve in terms of games, the faith of altcoins in 2022 has deteriorated in many investors, but it is for the logical reason, nobody likes to see that their investment degenerates and it goes more to the ground, it is normal and it is what the brain indicates that things are not going well, but having a situation like that it is necessary to think that as the BTC goes up in price the altcoins will begin to recover, because they are a direct consequence of what the BTC market is, altcoins will always be dependent on the price of BTC, the same goes for NFTs, because many are based on tokens.

Skinny48

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Its not over until it's over, I think that metaverse, NFT and web 3.0 will take an unexpected turn this year, market value will decline for sure but a new breed of gains will be born if you know what's best for you it's better to hold few web3.0 tokens in your wallet because this use case will be the most talk about in 2022.

Tellek Garing

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Quote from: Violetta87 on January 19, 2022, 04:15:31 PM

A lot depends on how useful is altcoins. Good altcoins that are useful for people will survive even in the fall of the market.
There are altcoins that offer cryptocurrency investment tools with crypto APP to work like S&P 500 like https://twitter.com/FiPiToken/status/1482266971731378177

It is impossible to stop development and cryptocurrency.
More and more people use cryptocurrency every day.
It means that after the wall of the market will be a rise of the market.
It is necessary just to wait till the rise.

When market rise the faith of altcoins increase.
Now market rise but it is hard to say is it a temporary rise or a constant trend.
More and more people use cryptocurrency and demand in its increasing.

That's true, once the Bitcoin market rise it is followed by a turnover in the altcoin, the year 2022 will bring many opportunities that will trigger the market to rise such as the metaverse and NFTs this new wave and many other events will impact the altcoin market positively.
And this recent market recovery is a result of many positive events in some countries.

Pamadar

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Quote from: Webetcoins on February 03, 2022, 03:49:22 PM

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In 2021 when the bull market is indeed a cryptocurrency made as more, it seems to provoke to where bitcoin occurs. But when the market has started to saturate (entering the end of the year) then there is no more news that creates hype this year. I even wondered if we should wait another 3 years to see the market become a positive trend like waiting from 2017 back then.

Bull market has an impact to the crypto adoption but in 2021 there are other happening too that occur. Do not forget the hype on meme coin and I think its also the year where tesla announced that they will accept bitcoin and many more. That events drive people crazy and wanting to try cryptocurrencies and although there are no events that happens after that, we still have a bear run.

I know this can scare people to sell and leave but I think there are still people that get attracted to invest because prices are cheap. No knows maybe history repeats itself and then we will wait 3 years again to see a major improvement from the market but that will be a big problem because not all are patient enough to wait that long.

Possible, but in my own opinion, I will see this as an opportunity,

we all witness how great the rise that takes place last year and if the same thing will take place, investors who take chances
will earn a lot. It's more on how you trust this industry and how good you are in terms of waiting for the bull market
comeback and bring the benefits that you are waiting.

milewilda

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Quote from: lalabotax on February 03, 2022, 06:23:01 PM

Quote from: Tellek Garing on January 02, 2022, 07:19:29 AM

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 don't understand this statement. Do you think the developers of altcoins need to improve something to make investors be interested to buy altcoins? Each altcoin has its own advantage and specialty, I don't think we must generalize them. I still believe that investors are still interested to buy altcoins more in 2022, crypto market is in a correction phase. So, those investors have a chance to buy at a cheap price before the next uptrend. Sometimes investors don't think about the quality of the altcoins, they buy altcoins based on the hype. While the hype can happen at any time, there is no specific time.

Those things would be seen directly when it was just starting thats why i dont see for further developments would really be that realistic because most of projects specially old ones do stick out
just the same on the time that they had launched thats why i dont really believe that much about altcoin developments excluding to those top ones of course
but as an investment then you shouldnt believe or anticipate that much because there would be no assurance that you would really able to make profits or it
would really make out some significant rise.

lalabotax

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Quote from: Tellek Garing on January 02, 2022, 07:19:29 AM

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 don't understand this statement. Do you think the developers of altcoins need to improve something to make investors be interested to buy altcoins? Each altcoin has its own advantage and specialty, I don't think we must generalize them. I still believe that investors are still interested to buy altcoins more in 2022, crypto market is in a correction phase. So, those investors have a chance to buy at a cheap price before the next uptrend. Sometimes investors don't think about the quality of the altcoins, they buy altcoins based on the hype. While the hype can happen at any time, there is no specific time.

Silver80

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Since the entire market is on a red note it is hard to say what the hope of altcoin in the year 2022 is as many analysts have predicted this year to be NFT year and the metaverse also.
The altcoin market is going to recover with a lot of new developments and platforms in the gaming world as digital content will. make quite a lot of noise this year.

even though it is predicted, the beginning of the NFT and metaverse is not very visible, while the month is already the second month the noise is still waiting in the middle or end of the year, so prepare yourself

Webetcoins

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Quote from: ?? on ??

In 2021 when the bull market is indeed a cryptocurrency made as more, it seems to provoke to where bitcoin occurs. But when the market has started to saturate (entering the end of the year) then there is no more news that creates hype this year. I even wondered if we should wait another 3 years to see the market become a positive trend like waiting from 2017 back then.

Bull market has an impact to the crypto adoption but in 2021 there are other happening too that occur. Do not forget the hype on meme coin and I think its also the year where tesla announced that they will accept bitcoin and many more. That events drive people crazy and wanting to try cryptocurrencies and although there are no events that happens after that, we still have a bear run.

I know this can scare people to sell and leave but I think there are still people that get attracted to invest because prices are cheap. No knows maybe history repeats itself and then we will wait 3 years again to see a major improvement from the market but that will be a big problem because not all are patient enough to wait that long.

evichi

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Though Altcoins price did not perform last year as anticipated by various cryptocurrency analysts, I am expectant that Altcoins growth in 2022 will be better. Some of the memorable things about Altcoins last year were: NFTs, Metaverse, many new coins/tokens in the market, DeFi products, etc. Altcoins hold the opportunity of innovative features in cryptocurrency. With many Altcoins springig on daily bases - there are opportunities on Altcoins as people offer numerous opportunities for people to be innovative. I have faith that reputable Altions will have better growth this year, 2022.

imamusma

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Quote from: Pejoh Asu on February 03, 2022, 06:21:37 AM

Even though the market is still red since november but i'm optimistic that 2 or 3 more months will recover, this is what makes me always optimistic and not panicking about market conditions, even if the BNB price is below $100 i'm still optimistic and will buy more to hold in the long term.

It looks like the price of BNB will also not be below $100 this year because in general BNB is still able to hold on to a good price and is also still able to increase again when the market has really improved again because now not only BNB is experiencing a decline, but almost all good coins also experience the same.

cornhodlr

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Eventually all altcoins will just fizzle out leaving just bitcoin or a few coins who can afford to pay developers and listing fees and even those altcoins will feel pressure when new regulations are forced on their development teams like having to take responsibility for work done on coins or facing legal action if altcoins are outlawed or heavily regulated.Central banks don't like competition now they are getting into the digital coin space.Nobody here wants central bank controlled digital currencies that can be programmed to allow governments dictate how you spend your money or be able to steal money from your wallet using corrupt laws but they will play dirty and use all the "cryptos not regulated are used by them terrorists" angle to attack.

kojektea

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This is only my estimate, because some high-end traders or those with large capital can manipulate prices, because I believe in the last year there are very many new people who enter the business and investment world here. Making bitcoin soar is the way they buy at the price they should be selling. Overestimating is their way of attracting people who are new to the business world.

bhadz

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Quote from: Pejoh Asu on February 03, 2022, 06:21:37 AM

Even though the market is still red since november

We have to embrace the current market and don't dwell too much in the past because if you do, you really are not going to move on with the market. Because there are people that if they are basing it from the few months away back from now, they'll have hard time thinking if it's time for them to invest or it will lose them enthusiasm about the market situation.

Quote from: Pejoh Asu on February 03, 2022, 06:21:37 AM

but i'm optimistic that 2 or 3 more months will recover, this is what makes me always optimistic and not panicking about market conditions, even if the BNB price is below $100 i'm still optimistic and will buy more to hold in the long term.

Just keep the optimism because as an investor, we're open on accepting the situation of the market.

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