Topic: What happens to altcoins ? - page 11. (Read 1889 times)
The period of the cryptocurrency market is facing are incredible in the sense that Bitcoin price is ranging in a closed price difference, while the alt-coins are in a very high volatility, mostly in meme Coin, even in the Bear market PEPE Coin make a wonders in the cryptocurrency market and also been listed in top one cryptocurrency exchange market platform.
Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.
The market is still bearish and a lot of altcoins may not survive it, that's why it is a very risky venture investing in altcoins. Some altcoins have no utility whatsoever and only relying on the community to push it.
if the altcoin you choose is ethereum I think it is a wise choice to invest, especially if you also choose bitcoin to invest, of course you just have to be patient to wait for the bullish season to come. altcoins will provide greater profits but also have greater risks as well considering the higher price fluctuations. As long as you don't invest in new projects, I don't think you're doing anything wrong even though it's still a floating minus, from your presentation, do you invest only at one price, because it would be better if you buy it in stages
Nothing happened to alt-coins, just that everything in life has session, which is the session of investment has been approached to buy and hold for a specific period of time and sell, so the Bear market has affected almost all alt-coins to be cheap to buy as Bitcoin has dropped below $30k, therefore it's time to invest more without reason it twice, because alt-coins in cryptocurrency market we soon recovered.
if you have bought and have fallen in price, keep it for a couple of years and you will see that you will also make a profit, you just have to be patient to wait. 2024-25 will be the start of the new bullrun.
Let's see how patience he was waiting for the bullish trend to come. I have been also facing the same situatiion like him but i do believe if the bullish trend will come after halving. Anyone who are in floating lose must be fully patience waiting for the bullish trend to come as soon as possible. It will be coming again very soon. I hope that we will not missing the next train.
if you have bought and have fallen in price, keep it for a couple of years and you will see that you will also make a profit, you just have to be patient to wait. 2024-25 will be the start of the new bullrun.
Let's see how patience he was waiting for the bullish trend to come. I have been also facing the same situatiion like him but i do believe if the bullish trend will come after halving. Anyone who are in floating lose must be fully patience waiting for the bullish trend to come as soon as possible. It will be coming again very soon. I hope that we will not missing the next train.
Only few buyers hold altcoins for long term profits, they don't trust the process. Unlike bitcoin, buyers can hold continuously not minding the market situation. Some altcoins can go down to zero from $15 during a bear market. So, investors find it difficult to throw in money into such coins. Hence, coins like litecoin is holding tight during this market down trend and increases alongside the bitcoin price. Other new coins with lesser market cap may not survive like the older and experienced coins; encountered multiple market changes. Bulk buying altcoins and holding them is very risky.
Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.
if you have bought and have fallen in price, keep it for a couple of years and you will see that you will also make a profit, you just have to be patient to wait. 2024-25 will be the start of the new bullrun.
Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.
Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.
Everyone should know that the cryptocurrency market is highly volatile and can be unpredictable. Regarding altcoins, they can offer potential for higher returns but also come with higher risks. As far as I know, altcoins have always been more volatile compared to bitcoin, which can lead to significant gains or losses. I do not personally invest in altcoins (except for a few selected ones), but I suggest keeping up with the latest news and developments in the market to make informed decisions.
Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.
Yeah, and good for you, hopefully you are not selling any of your altcoins yet. What I mean is that you will definitely learn a lot of experience right now in this bear market. I know that 's hard to see the price as it is on red and majority of them are in -80% down.
Nevertheless, this is just a test for altcoin holders. Still a best time to accumulate solid projects (not meme coins) and then wait for the next bull run. And with that said, just HODL and just stay calm and just be mentally strong and for sure again, you will learn alot from this bear market and it will make you a stronger investors.
However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.
Altcoins are normally more volatile than Bitcoin since it has less liquidity. People investing in altcoins are those riding for profit and not with investing purposes so don't expect any long-term profit on any altcoin, especially those pre-launch scams. Pre-launch of altcoins is a Ponzi scheme on crypto in which the just use the collected capital for liquidity while they are the ones who will dump on it using their own tokens. Locking the liquidity is almost useless since the team can drain the LP with their huge chunk of the supply
Avoid presale if you want a peaceful crypto experience.
Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ?
Based on what you have been writing above if you have been investing your money at the peak price. the price of bitcoin has been pumped from 16k to the 30k and yeah you know what you ahve done. That's why you have been facing the lost.
I were putting my money in altcoins once bitcoin was still around 16k. Buying at the peak price is the stupidest thing that can be done by a trader and so, you have been trapped.
Think to buy when theprice was dipping to the bottom.
What do you think of the current altcoin market ? Please let me know.
It's still good. The price of bitcoin is still fluctuating but was not moving down below 25k. It can go back anytime.
Im still holding my altcoins since i were buying it at the bottom.
Indeed, all markets depend on the price of bitcoin, all altcoins will move to follow bitcoin, if you want to invest in altcoins, at least you also have to watch bitcoin movements and also follow bitcoin news, many people choose to invest in bitcoin and ethereum, but many also choose altcoins as an alternative investment for the long term, but don't forget to research all information about cryptocurrency.
the state of altcoin is now seems much more independent than just following all of the relatively high ranked coins.
so many altcoins are actually having their own trend, much more meme coins that usually could rise even in the midst of bearish.
so many altcoins are actually having their own trend, much more meme coins that usually could rise even in the midst of bearish.
Altcoins are indeed more unstable than bitcoin. If you have bought several altcoins and they have the potential to increase, you can hold onto them until the situation reverses.
Maybe you can say what altcoins you have bought besides ETH but if you only have ETH, I guess you can buy it again at the current price because it can lower your average purchase price.
I hope you can be patient until things change for the better because you are not alone in holding the altcoin.
And while the bear season is still in the market, you can use it to buy more and keep it but beware of the many corrections that may still occur.
Maybe you can say what altcoins you have bought besides ETH but if you only have ETH, I guess you can buy it again at the current price because it can lower your average purchase price.
I hope you can be patient until things change for the better because you are not alone in holding the altcoin.
And while the bear season is still in the market, you can use it to buy more and keep it but beware of the many corrections that may still occur.
Like all investment activities, there will be fluctuations in cryptocurrencies. The important point here is to perform the right sales transactions at the right time. The most important factor is to be able to diversify the basket, as others have said. The larger your basket is filled with solid investments, the more likely you are to make a profit.
Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.
Yes, but on a cheaper price.Probably you miss to analyze about the strong resistance that resulted to another drop, and this is why its important to have you analysis before investing because even a top coins experience a big drop and this time, you got the wrong timing and trapped with those altcoins. Fortunately you bought a good one, all you have to do now is to wait for another bull run and don't panic, the price will recover and you can have your profit soon.
Bitcoin is extremely closely correlated with altcoins, which is why you're seeing such a major drop on other coins, such as Ethereum, BNB, Cardano, and so on. Thus, it's perfectly normal to see higher volatility in altcoins. Don't worry though; be patient, and another bull-market period is going to start in the near future. Your purchase price isn't that high compared to the ATH.
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