Topic: The faith of Altcoins in 2022 - page 6. (Read 2042 times)
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.
Now we see an interesting situation where old strong altcoins don't grow at all and they are forgotten by the crowd. People are using NFTs, metaverse and PlayToEarn coins and of course DeFi tokens. But nobody cares much about EOS, TRX, LTC, DASH etc...
it seems that there will always be changes with the new ones being very thick, especially the new ones of course with very good potential and now it is clear that there has been a lot of growth going on. it's just a matter of waiting whether it will continue to grow in the future or will it just enliven the situation where the market is not improving, only time will tell. 
Now we see an interesting situation where old strong altcoins don't grow at all and they are forgotten by the crowd. People are using NFTs, metaverse and PlayToEarn coins and of course DeFi tokens. But nobody cares much about EOS, TRX, LTC, DASH etc...
Although the market has not yet recovered but I am optimistic that 2022 can be better than 2021, this is what makes me not panic and continue to buy a lot of coins because the bull run is coming soon,
The bull is coming back but not as soon as we are expecting. The market will crash then start recovering, those who will profit are those with fiats to buy as the market crashes. I do not think 2022 can be better than 2021 that is unlikely to happen. Last time 2018 was not better than 2017 so why do we think this time will be any different.
The halve was 2016/2020 then 2017/2021 we saw a bullish market which then a bearish market followed and that is the stage we are currently at.
In my honest opinion, there are only a few industries that will make it through. Web 3, NFT and metaverses are I think would be really hot in these coming few years. But also, launchpads such as DAO Maker will be important as well, as they would help people like us to research and it'll save us time in finding the right project to invest in. Orion Protocol is just one of the great projects they launched that gives 155x ROI to its investors.
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I still have the belief that investing in altcoins doesn't always end badly, in fact I always prefer to invest in new altcoins because we can get big profits if we don't choose which altcoin has the potential and good network performance.
Not all altcoins are bad, if we can identify altcoins that have good movements in the market, altcoins do not require such a large capital for us to invest, so don't assume that all altcoins are bad, personally I have benefited from the results of investing in altcoins, even much greater if bought in large quantities of these altcoins, this benefit that people are less observant of seeing, thus making altcoins bad, when in fact not all altcoins are bad. 
Cryptos now have a close correlation with the stock market – the inflation hedge story is no more with volatility as high as it is. And when the stock market tanks, the riskier assets are hit the hardest, and crypto is the riskiest asset class of all. High reward, high risk. And the further away on the alt
coin/shitcoin spectrum, the riskier. The stock of a company with earnings and profit will never go to zero, but a coin with no utility and no future may well do.
coin/shitcoin spectrum, the riskier. The stock of a company with earnings and profit will never go to zero, but a coin with no utility and no future may well do.
I still believe in altcoins even though currently altcoins are undergoing a deep correction but I believe altcoins will bounce back soon, I think people are currently hunting for NFT because NFT is trending and I'm sure after this trend subsides investors will return to altcoins and altcoins will go up again.
That is the most possible truth. Projects that have been trending nowadays are never bound to last long, at the end of the day only bitcoin and established altcoins will only survive in the crypto market. The faith for altcoins have never really ceases, its just that this is not yet the moment for altcoins. But when the market recovers, and becomes more stabilized, good altcoins will regain the trust of the investors as they are not lost totally.Most of the time that happen, when Bitcoin start to pump back established alt project also receive decent support from traders and investors while some of the new projects also shine and rise but more are being forgotten and die eventually, you need to be careful in choosing which alt to support and invest your money.
It's difficult but doable to rinse the market and sort which coins to invest your money.
Better to spend your time doing your research as it will lessen the chances of losing your money.
Investing in new altcoins has a big enough risk compared to investing in bitcoin or altcoins that are in the top 10 coinmarketcap lists, that's why we have to do detailed research on these altcoin projects before we start investing or buying them on the market, we can see how the NFT hype happened some time ago and even many new coins keep popping up, but only a few of these coins are able to survive in the market because they have clear project developments such as shiba, mana, pyr and also several other coins, while some other coins actually experienced significant price drops and even many of these coins have been abandoned by their developers.
I still believe in altcoins even though currently altcoins are undergoing a deep correction but I believe altcoins will bounce back soon, I think people are currently hunting for NFT because NFT is trending and I'm sure after this trend subsides investors will return to altcoins and altcoins will go up again.
That is the most possible truth. Projects that have been trending nowadays are never bound to last long, at the end of the day only bitcoin and established altcoins will only survive in the crypto market. The faith for altcoins have never really ceases, its just that this is not yet the moment for altcoins. But when the market recovers, and becomes more stabilized, good altcoins will regain the trust of the investors as they are not lost totally.Most of the time that happen, when Bitcoin start to pump back established alt project also receive decent support from traders and investors while some of the new projects also shine and rise but more are being forgotten and die eventually, you need to be careful in choosing which alt to support and invest your money.
It's difficult but doable to rinse the market and sort which coins to invest your money.
Better to spend your time doing your research as it will lessen the chances of losing your money.
What still faith of altcoin in 2022 with not predicting situation where whale come and gone so fast, some time bitcoin have reach higher price but without one night price suddenly faster dumping with bad news. I don't know how long faith with altcoin in 2022 if whales have god hands how to make price dump and pump just short time. Need take rest and looking what happen later and how long people still panic with whales bad news.
Well it's been very often we see when the market has a positive trend there will always be news that overstates bitcoin, but conversely when it goes down, even bitcoin as if destroyed, only people who have intelligence in predictions can survive here.
I wouldn't call it faith like OP does, I would call it a normal state of the market in general, why? We all know in advance that when BTC is rising, the altcoins are the ones that do best, since some have a x2, x3, x10 depending on their development, community, listing on the Exchange, everything influences, if we review those things as the normal stages of the market as the accumulation and distribution (the most basic) in BTC will always be fulfilled, then while btc is under a correction or is in an eventual stage of accumulation or reaccumulation, the altcoins will be low in price and profitable to buy, only when it rises BTC is when the benefits of altcoins will be seen, the truth is that this is the logic of everything, at least of altcoins.Hence investors should not lose hope on investing in altcoins. As long as you're going to choose an alts that has a utility then there's a possibility to be a gainer once the market turns bullish again.
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 necessary to wait in cryptocurrency market. That people that can not wait lose their money.
After the fall of the market will be a rise of the market and it is necessary to wait till the rise of the market.
The faith in altcoins are still there in 2022 even if we say that there are now new additions like nft, metaverse and web 3, etc because we can see that old altcoins are still going strong.
Well it's been very often we see when the market has a positive trend there will always be news that overstates bitcoin, but conversely when it goes down, even bitcoin as if destroyed, only people who have intelligence in predictions can survive here.
I wouldn't call it faith like OP does, I would call it a normal state of the market in general, why? We all know in advance that when BTC is rising, the altcoins are the ones that do best, since some have a x2, x3, x10 depending on their development, community, listing on the Exchange, everything influences, if we review those things as the normal stages of the market as the accumulation and distribution (the most basic) in BTC will always be fulfilled, then while btc is under a correction or is in an eventual stage of accumulation or reaccumulation, the altcoins will be low in price and profitable to buy, only when it rises BTC is when the benefits of altcoins will be seen, the truth is that this is the logic of everything, at least of altcoins.The chance of hitting good profits when holding alt coin assets, though the risk is too high as the market is really unpredictable if you caught in the sideways you'll going to lose a lot of your invested money, especially if you are holding assets that more on hypes and not with the offer technologies, the bounce back is too difficult if it's more on pump and dump while if you choose the right project that have real use case, the chance is still possible and you can still earn by holding in a much longer period.
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.
yes it's true, this is very much the opposite of what was predicted, but even if it moves in the opposite direction or in the direction that the crypto value is very low, this is an attempt to return to a fantastic price move, hopefully it will happen by the middle of the year or the end 2022 and there will be more innovative developments in the future.
I believe it's going to be fruitful. My crypto portfolio is growing at a faster rate with projects like $SCLP, AVAX, SHIBA etc. I always prefer investing in the projects that are low hanging fruits and beneficial for the long run. Recently one of my project Scallop partnered with Multichain previously Anyswap to let users swap $SCLP across multiple blockchains - Ethereum, Polygon, & BSC.
I would say the hype was created by many so-called analysts or predictors to entice the investor and many of us were trapped also. Altcoins did not perform as most of the traders are expected. At present Web3 and Metaverse is in high demand and I believe 2022 will be the year of Metaverse and Web3. In my opinion, 2021 was the year of Meme coins.
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.
Every year there must be a project that has a promising future, it proves that crypto always provides new opportunities for its users, depending on how we respond to it. Indeed, the end of 2021 and the beginning of 2022 now, there are a few obstacles that make some people have to go through slightly difficult times. But on the other hand, for other users, they see this as an opportunity for them to enter and invest in some coins that have good potential. 
Well it's been very often we see when the market has a positive trend there will always be news that overstates bitcoin, but conversely when it goes down, even bitcoin as if destroyed, only people who have intelligence in predictions can survive here.
I wouldn't call it faith like OP does, I would call it a normal state of the market in general, why? We all know in advance that when BTC is rising, the altcoins are the ones that do best, since some have a x2, x3, x10 depending on their development, community, listing on the Exchange, everything influences, if we review those things as the normal stages of the market as the accumulation and distribution (the most basic) in BTC will always be fulfilled, then while btc is under a correction or is in an eventual stage of accumulation or reaccumulation, the altcoins will be low in price and profitable to buy, only when it rises BTC is when the benefits of altcoins will be seen, the truth is that this is the logic of everything, at least of altcoins.
The faith of altcoins in 2022 is very strong which it will definitely come to pass for altcoins price to hit higher for holders to start selling their coins to make a passive profit. Since there are many reduction of profits making in 2021 because of the low price that took place through out the year without any reasonable income for investors to show at the end of December 2021.
This year 2022 will be so bright for investors to remain in profit making through out this year because the signs some altcoins are developing in the market,show this year will be more better than last year 2022.
This year 2022 will be so bright for investors to remain in profit making through out this year because the signs some altcoins are developing in the market,show this year will be more better than last year 2022.
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.
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