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Topic: What do you think about altcoin market - page 4. (Read 1358 times)

full member
Activity: 826
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Tontogether | Save Smart & Win Big
August 03, 2022, 12:45:23 PM
Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.
I think Buying Polkadot below 10$ is worth investing. We know that next trend will be Web3 and Polkadot working on it and have a big network. Don't know why it's price is low down very much and not showing good momentum at this time but I strongly believe that it price will Go very high like Solona.i think current price issue is because of High supply.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
August 03, 2022, 12:21:00 PM
Altcoin market always fluctuate in price depending on Bitcoin. If the price of Bitcoin increases then the price of the altcoin will increase as well. Now the price of Bitcoin is starting to rise and so are the altcoins. I think now time to invest in altcoins but we shouldn’t invest largest amount in any altcoins, coz investing in altcoins is high risky then bitcoin
Well, you see, altcoin pumps are often happening now, despite the fact that bitcoin is in a flat. It turns out that altcoins can grow regardless of whether Bitcoin grows or not. Another thing is that these pumps are temporary and most often the price of altcoins returns to their previous values. From this we can conclude that altcoins can be used now for short-term gains, but at the same time, you need to keep an eye on bitcoin, because if it goes down, then the entire market will definitely follow it.
short time trading for altcoins can be a good suggestion. Because when bitcoin starts to go up a bit, the altcoin goes up much more then bitcoin. Which is able to give a big profit.  So for altcoin trading one must keep an eye on Bitcoin. And Altcoins cannot be hold for long in these market conditions.
sr. member
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Just.bet - Decentralized On-chain Casino
August 03, 2022, 10:12:19 AM
DOT is one of the assets with good future potential. If we really believe in this project it doesn't matter if we can't buy it at a cheaper price. Sometimes buying with the lowest support target can also make us want even cheaper, until we regret not buying it.
legendary
Activity: 2100
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August 03, 2022, 09:48:20 AM
Altcoin market always fluctuate in price depending on Bitcoin. If the price of Bitcoin increases then the price of the altcoin will increase as well. Now the price of Bitcoin is starting to rise and so are the altcoins. I think now time to invest in altcoins but we shouldn’t invest largest amount in any altcoins, coz investing in altcoins is high risky then bitcoin
Well, you see, altcoin pumps are often happening now, despite the fact that bitcoin is in a flat. It turns out that altcoins can grow regardless of whether Bitcoin grows or not. Another thing is that these pumps are temporary and most often the price of altcoins returns to their previous values. From this we can conclude that altcoins can be used now for short-term gains, but at the same time, you need to keep an eye on bitcoin, because if it goes down, then the entire market will definitely follow it.
legendary
Activity: 2898
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So anyway, I applied as a merit source :)
August 03, 2022, 09:24:41 AM
Today a lot of altcoins are skyrocketing, the new coin that I keep, namely Optimism, continues to skyrocket, I regret selling Optimism too quickly, and the rest that I still save will be used as a long-term investment, I believe in 2022 the price of Optimism can reach at least $ 10.
Well you never know which coin is going to go big. So good luck on that seeing it through. In my opinion, altcoins should be sold to cover the cost of investment once feasible and then the rest of the coins should be kept at hand for future profits.

You never know what can happen with a specific altcoin. Traders who are new to altcoins often over-estimate their price movements and end up holding them way longer than they should have. By that time the bigger investors move out and the price drops suddenly and then recovery become pain in the rear.

Which is why the altcoin market should be traded with caution and only by veterans who are willing to take the risk. While a coin is much above ATH, sell and book profit dont wait on holding it.
sr. member
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Vave.com - Crypto Casino
Today a lot of altcoins are skyrocketing, the new coin that I keep, namely Optimism, continues to skyrocket, I regret selling Optimism too quickly, and the rest that I still save will be used as a long-term investment, I believe in 2022 the price of Optimism can reach at least $ 10.

Bitcoin is rising so it is not surprising that altcoins are also rising, every market is watching the bitcoin trend. The coins you are referring to are layer 2 , I think you are right to sell them for a moderate profit, no one can predict when our holdings will increase and when to decrease?. Selling them at a profit is the correct decision. I don't hold Optimism but I see it with great potential.
sr. member
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I think there is hope for other altcoins if precious assets like Bitcoin and Ethereum enter an uptrend. For example, $1000 became the bottom price for Ethereum. It's now up to around $1700. So, we may be in a good period for altcoins. For this reason, I think it might be good to buy altcoins gradually.
Almost success earn profit with ETH if not loss on other coins because I have planning when ETH still drop under $1000 last month but I don't have saving fund after stuck and loss on other coin, maybe we can reach above 70% profit with ETH success back to higher price right now above $1,700 and looks fantastic recovery with ETH drop last months. I think than other altcoin looks promising with ETH and have faster way for recovering and back to the top price again. But depending with trader and investor which one based on them are the best altcoin for investing, keep with eth or not.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
Altcoin market always fluctuate in price depending on Bitcoin. If the price of Bitcoin increases then the price of the altcoin will increase as well. Now the price of Bitcoin is starting to rise and so are the altcoins. I think now time to invest in altcoins but we shouldn’t invest largest amount in any altcoins, coz investing in altcoins is high risky then bitcoin
full member
Activity: 1484
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Today a lot of altcoins are skyrocketing, the new coin that I keep, namely Optimism, continues to skyrocket, I regret selling Optimism too quickly, and the rest that I still save will be used as a long-term investment, I believe in 2022 the price of Optimism can reach at least $ 10.
hero member
Activity: 3010
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snip
I've also followed the advice to invest in the top coins and currently the estimate has risen higher than 15% after the market dropped higher, so I'm focusing on investing in the top coins with higher returns. Even though the market is recovering but it is difficult to reach the $30k recovery this week, we need to review the market patterns after the price recovery.
Dont expect for top ranking coins including btc would be having that kind of movement.IF we do talk about high returns then this would be talking on low cap or shit coins that had been pumped but

somehow even if you do deal up with btc and if you could able to sustain yourself on making trades even volatility isnt much then you could always have the chance on making profits despite of the condition.Speaking with altcoin market then this is something would vary since we know that there are top altcoins and there are low ranks or low caps thats why it would really be on someones choice
whether they would be investing into top or to those low ones and its up to someones personal choice because when it comes to decisions then it would really vary from time to time.
full member
Activity: 658
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snip
I've also followed the advice to invest in the top coins and currently the estimate has risen higher than 15% after the market dropped higher, so I'm focusing on investing in the top coins with higher returns. Even though the market is recovering but it is difficult to reach the $30k recovery this week, we need to review the market patterns after the price recovery.
legendary
Activity: 2660
Merit: 1074
I think there is hope for other altcoins if precious assets like Bitcoin and Ethereum enter an uptrend. For example, $1000 became the bottom price for Ethereum. It's now up to around $1700. So, we may be in a good period for altcoins. For this reason, I think it might be good to buy altcoins gradually.
The bottom price was around 900. it seems like crypto is in a good track right now. I was seeing some people were also accumulating more and more tokens this time. This can be a signal if there will be a huge pump that may occur very soon. I hope that we will see the recovery phase as soon as possible caused by it has been long time since the last bullish trend in the crypto market. People are accumulating now. Altcoin market is in the right direction to recover from its bottom.
Unlike to you, maybe he doesn't track the price at all times but anyway I think his guess was still close to it. It's only a hundred dollars away from the real altcoins. Price of btc have improved by 3k so that might be the reason on why other cryptos such as eth have also recovered by some percent but better if we won't get too much excited as this could be another trap again like everyone else is saying.

Let's be calm for a while and see if btc really can cross to over 25k and above as that is the true sign that the altcoin market is going to improve. I am not surprised of those who buys a lot lately, thinking it's now the last minute. There are really people like that who feel safer or confident if they invest during a recovery.
hero member
Activity: 2268
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Vave.com - Crypto Casino
Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.

I think there is hope for other altcoins if precious assets like Bitcoin and Ethereum enter an uptrend. For example, $1000 became the bottom price for Ethereum. It's now up to around $1700. So, we may be in a good period for altcoins. For this reason, I think it might be good to buy altcoins gradually.

The market always works like that, the altcoin market always follows the movement of the top 2 coins. We cannot see altcoins growing while bitcoin is going down.

I highly recommend Dot, it's a potential altcoin and worth holding for the long term. The market is going up after the Fed announcement, I think if we want to invest, we should wait instead of buying now. The market will still correct a lot, I think the bear season is not over yet.
full member
Activity: 1190
Merit: 117
July 29, 2022, 03:24:07 AM
#99
Today top altcoins such as ethereum, ETC, BNB and so on are up more than 10%, even ETC is up more than 35%, the altcoins market is always interesting and promising because large percentage increases can happen anytime, this is what makes me never afraid to invest in cryptocurrencies and don't panic when it's bearish.

The price of top altcoins has increased because the price of Bitcoin has gone up. After all, the majority of altcoins are affected by Bitcoin price
movements. Hopefully Bitcoin can continue to rise to a price of $30k, so that the price of top altcoins will also continue to rise. I am quite happy
because previously I had bought top altcoins at low prices, now my asset estimate has gone up. As long as we invest in top altcoins, we don't need
to be afraid, because top altcoins usually have very high demand, then no matter how low the price of top altcoins goes down, they will be able to
recover again. But we have to be careful not all top altcoins are worth buying, there are some top altcoins also suddenly become shitcoins. Make sure
if we want to invest in top altcoins we can do research and analysis first, so that we do not choose the wrong top altcoins for investment.
sr. member
Activity: 1066
Merit: 261
July 29, 2022, 01:40:21 AM
#98
Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.

I think there is hope for other altcoins if precious assets like Bitcoin and Ethereum enter an uptrend. For example, $1000 became the bottom price for Ethereum. It's now up to around $1700. So, we may be in a good period for altcoins. For this reason, I think it might be good to buy altcoins gradually.

The price of ETH has already risen almost 2x since its bottom! Does the bear market seem to be over?  How do you feel about this?

Powell and the Fed have the potential to soften future aggressive increases in interest rates. That's why markets are reacting positively. As a result of the Fed's seriousness about fixing inflation, we are pumping. A higher rate increase had been called for for months by Wall Street. As a result, they are feeling confident about recovery now. The rest of the market will eventually follow ETH's reaction, even though a few have already done so.

legendary
Activity: 3038
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Leading Crypto Sports Betting & Casino Platform
July 29, 2022, 12:59:04 AM
#97
Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.

I think there is hope for other altcoins if precious assets like Bitcoin and Ethereum enter an uptrend. For example, $1000 became the bottom price for Ethereum. It's now up to around $1700. So, we may be in a good period for altcoins. For this reason, I think it might be good to buy altcoins gradually.
The bottom price was around 900. it seems like crypto is in a good track right now. I was seeing some people were also accumulating more and more tokens this time. This can be a signal if there will be a huge pump that may occur very soon. I hope that we will see the recovery phase as soon as possible caused by it has been long time since the last bullish trend in the crypto market. People are accumulating now. Altcoin market is in the right direction to recover from its bottom.
hero member
Activity: 952
Merit: 779
July 28, 2022, 10:22:16 PM
#96

Scalping should be done by veterans only. Newbies should approach with safety and not take decisions in haste.
you're right. To do scalping, you must really be familiar with market analysis and trading techniques quickly. because the risk taken is also quite large. so for beginners it is not recommended.
Thorough analysis must be prioritized. if a beginner who has not mastered scalping market analysis, it is not recommended. because profit management and loss management must also be mastered in scalping.

today the market shows a positive sign the bull market is starting to show. But we can't calm down if Bitcoin hasn't touched $25k. because there is still the possibility of fakebull.
altcoin prices began to rise rapidly following bitcoin.
hero member
Activity: 2366
Merit: 594
July 28, 2022, 02:25:25 AM
#95
Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.

We are just at early phase of bear market so it's still too early to say that we've already hit the bottom. I don't think that crypto market will start to go up again anytime soon because many countries are currently experiencing a high-inflation rate causing some people to liquidate their holdings to survive. Some people are also preparing for a possible recession that could happen if the conflict on some countries get worst.
member
Activity: 1232
Merit: 12
July 28, 2022, 01:09:39 AM
#94
The altcoins market is moving positively, I made new listed coins for daily trading because it is more profitable, but I don't want to trade on DEX because the high slippage tolerance makes profit targets often different and trading on spot exchanges is certainly a clearer and more profitable choice because of the higher profits we get no slippage tolerance cut.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
July 28, 2022, 12:52:37 AM
#93
some alt coins are already at their strongest support like XRP. however the bull market is still unconfirmed. so the possibility of a further decline is still there. but at least the current price is not too bad to do accumulation with DCA. but for day traders at this time the market is very volatile so it becomes a little easier to do scalping and make profits little by little.
The point is that most traders are expecting a bull market to start or have started. But this is because of the collective conscience of traders expecting for the best. It should be carefully approached because every long bear market trends to get sudden dips.

Altcoins precisely don't see that better recovery as Bitcoin shows. Hence investing in those means you are somewhat gambling into the unknown. The best process is to wait and watch the movements till a bigger margin of price appears.

Scalping should be done by veterans only. Newbies should approach with safety and not take decisions in haste.
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