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Topic: The faith of Altcoins in 2022 - page 7. (Read 2017 times)

copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
January 29, 2022, 06:44:26 AM
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.

For this year (2022) I believe more in old Altcoins compared to Altcoins that are trending now, I believe more in Cardano, Bnb, Ethereum, Matic and Dogecoin. With the current market correction, this is an opportunity for me to collect the Altcoins that I mentioned.
Actually, the current position of the market is low below what we hard in 2021 but because of the general state of the cryptocurrency market it can be said we need more time and big news to change the face of the market,
The most important aspect is that more new projects with promising future and multi-blockchain layer 2 services will give the altcoin market a new phase of price movement.

True,  the current market scenario is not very rosy and crypto in general can fall further low as there is fundamental shift in money supply policy which is causing panic in all financial market including Bitcoin but i think it is good buying opportunity when Bitcoin is trading around 36-38K but  should adapt 3 step buying  strategy and start accumulating  top 10 coins now and wait for the next dip which is likely to happen in March when Interest rates are likely to be revised.
full member
Activity: 854
Merit: 130
January 29, 2022, 04:52:55 AM
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.

For this year (2022) I believe more in old Altcoins compared to Altcoins that are trending now, I believe more in Cardano, Bnb, Ethereum, Matic and Dogecoin. With the current market correction, this is an opportunity for me to collect the Altcoins that I mentioned.
Actually, the current position of the market is low below what we hard in 2021 but because of the general state of the cryptocurrency market it can be said we need more time and big news to change the face of the market,
The most important aspect is that more new projects with promising future and multi-blockchain layer 2 services will give the altcoin market a new phase of price movement.
full member
Activity: 532
Merit: 100
January 28, 2022, 05:38:40 PM
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.

For this year (2022) I believe more in old Altcoins compared to Altcoins that are trending now, I believe more in Cardano, Bnb, Ethereum, Matic and Dogecoin. With the current market correction, this is an opportunity for me to collect the Altcoins that I mentioned.
hero member
Activity: 3052
Merit: 685
January 28, 2022, 05:23:44 PM
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.
full member
Activity: 437
Merit: 103
January 28, 2022, 09:46:40 AM
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.
full member
Activity: 1190
Merit: 111
January 28, 2022, 05:07:44 AM
I believed in the altcoins, and the only sad things now for me is I don't have a lot of money to buy some of them that are cheap now in the market. If ever I have an altcoins in the exchange, the price was totally downfall too. Though as of the moment the majority of the altcoins are really in red only few of them are in green.
hero member
Activity: 1106
Merit: 509
January 28, 2022, 04:35:13 AM
Not many people are ready to wait till the rise of the market. Many people prefer to sell their crypto assets during the fall of the market not to lose all their assets.
Actually, if they don't sell it, the amount of assets they already have will never disappear either, it's just that the amount of money value decreases, but it will rise again when the assets they already have experience an increase in price. Simple.
copper member
Activity: 216
Merit: 1
January 28, 2022, 12:24:24 AM
True, most of the altcoins are hanging in the middle. But there are some we can call low hanging fruit that will be beneficial in the long term. One of them is Scallop with the marketcap of $10,463,158. They have recently teamed up with the Norwich FC to spearhead the growth.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
January 27, 2022, 10:44:02 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

After the fall of the market will be the rise of the market and the price of the tokens will restore.
But many people do not wait till the rise they sell their tokens during the fall of the market.

Not many people are ready to wait till the rise of the market. Many people prefer to sell their crypto assets during the fall of the market not to lose all their assets.

They'll only lose their assets if they sell, that's what you called panic. Even on bearish movement, as long as you hold your assets, you don't lose anything, that if you really are into long term hold, but if not, you should be smart of cutting your loses and that is by selling to stable coin and probably just trade to take advantage of the price volatility, however, if it the market is bearish, you need to be smarter as the trend are going down.

Selling during the bear market isn't all we can connect to panic selling just then, it may be they have some reason as well that it needs money and leave no option but to sacrifice, yeah, and I did sometimes. And talking about holding, that seems very challenging especially when we are holding less valuable coins, and that you right, selling them or trading them for valuable coins is the best option to take as the chances that these coins will no longer to recover is high esecially if the market worsen.

In deed selling in bear market is not a good option unless you do so under compulsion to meet cash needs. The better option is to readjust your portfolio and switch from weak coins ( Non performing )  to those who are likely to trend in near future like WEB 3.0 and metaverse are expected to perform well in 2022 whereas Bitcoin price is likely to remain side ways during 2022 as money tightening policy will push pressure on Stock and Crypto markets.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
January 27, 2022, 07:09:09 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

After the fall of the market will be the rise of the market and the price of the tokens will restore.
But many people do not wait till the rise they sell their tokens during the fall of the market.

Not many people are ready to wait till the rise of the market. Many people prefer to sell their crypto assets during the fall of the market not to lose all their assets.

They'll only lose their assets if they sell, that's what you called panic. Even on bearish movement, as long as you hold your assets, you don't lose anything, that if you really are into long term hold, but if not, you should be smart of cutting your loses and that is by selling to stable coin and probably just trade to take advantage of the price volatility, however, if it the market is bearish, you need to be smarter as the trend are going down.

Selling during the bear market isn't all we can connect to panic selling just then, it may be they have some reason as well that it needs money and leave no option but to sacrifice, yeah, and I did sometimes. And talking about holding, that seems very challenging especially when we are holding less valuable coins, and that you right, selling them or trading them for valuable coins is the best option to take as the chances that these coins will no longer to recover is high esecially if the market worsen.
member
Activity: 1092
Merit: 67
January 27, 2022, 06:26:38 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

After the fall of the market will be the rise of the market and the price of the tokens will restore.
But many people do not wait till the rise they sell their tokens during the fall of the market.

Not many people are ready to wait till the rise of the market. Many people prefer to sell their crypto assets during the fall of the market not to lose all their assets.

They'll only lose their assets if they sell, that's what you called panic. Even on bearish movement, as long as you hold your assets, you don't lose anything, that if you really are into long term hold, but if not, you should be smart of cutting your loses and that is by selling to stable coin and probably just trade to take advantage of the price volatility, however, if it the market is bearish, you need to be smarter as the trend are going down.

One good strategy is just to convert your assets to stable now, wait until the price really dips to its possible lowest price, and then start to accumulate as eventually the price will rise again and the trend will change from bearish to bullish.

If you will hold long-term, better choose carefully what assets you want to hold. Because most of them will not recover especially those crap alts. If you want to make sure that you can recover once bullish season comes, you can always hold btc. At least, you very well know that btc will always sustain its market. If other alts are dying, btc will stay. In terms of stablecoin, you also have worry about their existence because most of them are centralized.
hero member
Activity: 3052
Merit: 606
January 27, 2022, 05:55:18 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

After the fall of the market will be the rise of the market and the price of the tokens will restore.
But many people do not wait till the rise they sell their tokens during the fall of the market.

Not many people are ready to wait till the rise of the market. Many people prefer to sell their crypto assets during the fall of the market not to lose all their assets.

They'll only lose their assets if they sell, that's what you called panic. Even on bearish movement, as long as you hold your assets, you don't lose anything, that if you really are into long term hold, but if not, you should be smart of cutting your loses and that is by selling to stable coin and probably just trade to take advantage of the price volatility, however, if it the market is bearish, you need to be smarter as the trend are going down.

One good strategy is just to convert your assets to stable now, wait until the price really dips to its possible lowest price, and then start to accumulate as eventually the price will rise again and the trend will change from bearish to bullish.
copper member
Activity: 145
Merit: 1
January 27, 2022, 05:47:32 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

After the fall of the market will be the rise of the market and the price of the tokens will restore.
But many people do not wait till the rise they sell their tokens during the fall of the market.

Not many people are ready to wait till the rise of the market. Many people prefer to sell their crypto assets during the fall of the market not to lose all their assets.
sr. member
Activity: 1890
Merit: 256
Vave.com - Crypto Casino
January 27, 2022, 07:15:45 AM
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.
hero member
Activity: 1106
Merit: 570
January 27, 2022, 04:50:15 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.

Everything depend on Bitcoin. If Bitcoin get dumps more then the altcoins market surfers more. Bitcoin controls the entire market and I believe that is no longer a news. As Bitcoin is getting some corrections that is why the altcoins are bleeding out. Bitcoin did not go as expected and speculated last year. Majority thought we might cross the $100,000trading price but that did not happen so the altcoin did not have much room for growth because everyone was waiting on Bitcoin to lead the way.

Assuming Bitcoin did cross the $100,000 trading price then we would not be discussing this now as altcoins would had skyrocket and be trading in astonishing values that would had been unbelievable. Imagine ethereum trading above$10,000 etc.
full member
Activity: 1512
Merit: 115
January 27, 2022, 04:17:27 AM
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.
Most times we can only try to understand where the market might be headed but it could also turn out not to be like that. Just about everyone thought we will also see Bitcoin @ $100k in 2021 but the whole market took a tumble and the same for Alts as you said, there is a lot to hope for in 2022 with different projects in line to be explored from web3, metaverse + NFTs, I believe if the market is stable again we will see good times for Alts too. 
full member
Activity: 1568
Merit: 100
COMBONetwork
January 27, 2022, 03:57:23 AM
It has often happened, when the price drops, a lot of bad news is lowered, and since it started to enter a positive trend we always see news exaggerating bitcoin when we only use and take advantage of profits as simple as there is no need to overdo it because when it goes up it will definitely go back down and down it will go back up.
Such is the movement of the crypto market and such things are normal in crypto,
most importantly with the current market conditions we stay calm, don't panic and be patient waiting for the market to rise again,
for some people of course it's not an easy thing to do but at least we try
full member
Activity: 714
Merit: 100
January 27, 2022, 03:41:05 AM
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 is in a favorable position with the new project in and around NFTs I believe a lot of development is underway for the general altcoin market, the coming of the virtual e gaming platforms on the metaverse web 3 the altcoin market in 2022 is going to boom.
sr. member
Activity: 1792
Merit: 293
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
January 27, 2022, 02:47:50 AM
It has often happened, when the price drops, a lot of bad news is lowered, and since it started to enter a positive trend we always see news exaggerating bitcoin when we only use and take advantage of profits as simple as there is no need to overdo it because when it goes up it will definitely go back down and down it will go back up.
hero member
Activity: 1344
Merit: 738
January 27, 2022, 02:38:41 AM
I think as the market evolves and grow bigger things are going to have their own diversification so basically market will have different growth in terms of bull  and bears in different category so I think altcoin will have their moments Things like defi will have growth separately from things like gaming, metaverse and NFTs
Altcoins and NFTs are the choice of people today, both have promising projects in the future, market chaos opens up space for anyone to see potential projects, then choose according to the needs they want to invest in, crypto growth in general is getting bigger, this moment we cannot make excuses that altcoins and NFTs will follow the hype, smart in choosing projects is needed, keep making small studies to produce investment choices.
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