What happens to altcoins ? - page 7.

monineklutak

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Quote from: arufox on June 14, 2023, 01:17:36 PM

The performance of the altcoin market recently has not been positive. But you don't need to panic when you see altcoin prices going down especially when the market is in a bearish trend. However, rest assured that the crypto market will improve again and a bullish phase will occur soon. Therefore, it is better for you to hold on to your assets and wait until the market is really bullish, only then can you sell them for a profit.

Panic is a natural thing because panic can also get us out of a hard dump like what happened, but we also have to know technical analysis,
panic sell with technicals that will make our investments safe and maybe we can quickly recover from the bear market.
with the right strategy then we will succeed.

WalkerIVIV

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Quote from: Godday on June 07, 2023, 07:30:12 PM

Of course I still invest in Altcoins. Currently, the trend is bearish, so there's no harm in trying to invest there. Maybe the price of all coins is low but can't we see it as a big discount? I'm not trying to say that the option of investing in Altcoins is the best option, but isn't it better to invest in Altcoins during a bearish season like this?

that's true, but current bearish is different, there are lawsuits, the price could change drastically because of that, it's like catching falling knives, but i agree though that most altcoins
are currently discounted heavily. those with capital definitely feel free to accumulate.

arufox

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The performance of the altcoin market recently has not been positive. But you don't need to panic when you see altcoin prices going down especially when the market is in a bearish trend. However, rest assured that the crypto market will improve again and a bullish phase will occur soon. Therefore, it is better for you to hold on to your assets and wait until the market is really bullish, only then can you sell them for a profit.

Godday

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Of course I still invest in Altcoins. Currently, the trend is bearish, so there's no harm in trying to invest there. Maybe the price of all coins is low but can't we see it as a big discount? I'm not trying to say that the option of investing in Altcoins is the best option, but isn't it better to invest in Altcoins during a bearish season like this?

BitcoinBabbler

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Quote from: huu78 on June 07, 2023, 11:06:43 AM

not always investing in bad bitcoins, bad altcoins because some projects do have a bad image and cause bad effects on other altcoins too.
eth and other altcoins are having a great impact on crypto.

Some altcoins have thrived and established themselves as significant players in the cryptocurrency market, gaining popularity and widespread adoption. These altcoins have proven to have unique features, innovative technologies, or specific use cases that differentiate them from Bitcoin, the most well-known cryptocurrency. no matter how top-notch the altcoin is. Also, a lot of the fate of altcoins depends on market makers and speculators.

huu78

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not always investing in bad bitcoins, bad altcoins because some projects do have a bad image and cause bad effects on other altcoins too.
eth and other altcoins are having a great impact on crypto.

Halime Anatolia

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Quote from: Mehedi72 on June 05, 2023, 07:36:44 PM

Don't be panic, your shares can still considered as good. I think you already knew that this bear marekt before buy? Altcoins are always volatile durning this time. So there's possibility that market will go down anytime cause nobody can predict what will happen in next. And for investment ideas, i think you can buy some potential coins now cause you can afford those with low price

Yes, Altcoins are cryptocurrencies besides Bitcoin and Altcoins can be more unpredictable and their prices can change a lot. Currently, the market is down. Yes. right now it's good to invest and right now the price is low as you said. However, investing in altcoins can be risky, so it's important to do your research and understand the market before making a decision.

Desscount

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What happened to Altcoins this year was really terrible, many of the altcoins experienced dumps of more than -80% and recovery has not occurred,
yes this incident is the same as in 2018 and for me this is my worst year, moreover, good news does not have a positive effect on the market,
but bad news makes the market really sad, yes its Dump happens.

Xal0lex

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Quote from: ?? on ??

The fate of altcoins largely depends on their ability to solve real-world problems, attract user interest, and adapt to changing market conditions. As the cryptocurrency ecosystem continues to evolve, altcoins will continue to face challenges and opportunities, shaping their individual paths in the ever-changing landscape of digital currencies.

No, the fate of altcoins, first of all, depends on whether this altcoin will be found vulnerable or not. If not, it will live, if found, it will die, no matter how top-notch the altcoin is. Also, a lot of the fate of altcoins depends on market makers and speculators. If it is interesting to attract liquidity, this altcoin will show us up and down, but if the big players want to leave this project, more than likely, this altcoin will die or will show its market movement deep at the bottom and never show impressive growth again.

SirLancelot

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Quote from: Silberman on June 04, 2023, 05:21:45 PM

Quote from: terencio on June 04, 2023, 11:58:37 AM

I feel your pain, I also bought some Bitcoin and ETH at higher prices and now I’m waiting for them to recover. The altcoin market is very volatile and unpredictable, especially in a bearish trend. Some altcoins may have strong fundamentals and innovative features, but they are still affected by the overall sentiment and demand of the crypto market.

You do not really have too much of a choice but to keep waiting, I know this is not precisely the most comfortable position to be in but if you are able to endure it then sooner or later you will breakeven and then your problem holding your coins will disappear almost immediately, still this does not mean that you can idle away and do nothing, you could try some DCA and lower the price at which you bought your coins if you still have some cash on hand so you can breakeven as soon as possible.

New investors tend to not invest more money once they have bought some and are seeing them in negative still, they can only believe in the market and buy more if they see themselves getting some profit out of their previous purchases, so a person who has bought at a higher price will hardly buy more when the price is down if they are either new or out of funds.

It is basically a good way to accumulate more coins when the price is low so that you can have a much better average buying price and you can even get some profits if you sell the coins you've bought later even if the price didn't reach the target where you've bought your first coins.

Mehedi72

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Don't be panic, your shares can still considered as good. I think you already knew that this bear marekt before buy? Altcoins are always volatile durning this time. So there's possibility that market will go down anytime cause nobody can predict what will happen in next. And for investment ideas, i think you can buy some potential coins now cause you can afford those with low price

Ebede

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Quote from: woez on June 05, 2023, 12:13:14 PM

Regarding the current condition of the altcoin market, it is experiencing a bearish trend, causing prices to fall. While Bitcoin has remained relatively stable, it has become customary for BTC to correct as it is today altcoins have become more volatile and have been unstoppable. My advice. Just hold on to your assets because what you hold is a coin that has a big name and has many users and fundamentals.

the only time that alternative coin always have a liberation is woman ever Bitcoin is on the bullish market so other altcoins we follow the steps of bitcoin to grow so that is why alternative coin always backslide when the market of Bitcoin is very dangerous so you are not expecting alternative oil to grow when bitcoin who is the brain behind the growth is on red

Yatsan

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Quote from: woez on June 05, 2023, 12:13:14 PM

Regarding the current condition of the altcoin market, it is experiencing a bearish trend, causing prices to fall. While Bitcoin has remained relatively stable, it has become customary for BTC to correct as it is today altcoins have become more volatile and have been unstoppable. My advice. Just hold on to your assets because what you hold is a coin that has a big name and has many users and fundamentals.

Bitcoin stabilizes? Nope. Some altcoin are even reaching its previous highest price since march. The market is clearly showing high volatility at this phase and thay is because of several factors such as Binance suitcase, CME Gap expectations and more. Bitcoin is currently at $25k and has the tendency to fall even more, and you know what it means for altcoins. Some altcoins might follow the trend for BTC. Altcoins are volatile eversince and problem is sudden price changes especially to 'smaller' coins of this industry. Once major coins start to recover, for sure altcoins would follow. Problem is until how low could the market in general be.

podluznyj

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Quote from: FireDAOJackie_Z on May 26, 2023, 10:50:46 PM

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.

While altcoins may fall behind in growth cycles, trading history shows that altcoins will eventually catch up. The correlation between Bitcoin and the largest altcoins by capitalization dropped as Bitcoin rose above the range.

woez

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Regarding the current condition of the altcoin market, it is experiencing a bearish trend, causing prices to fall. While Bitcoin has remained relatively stable, it has become customary for BTC to correct as it is today altcoins have become more volatile and have been unstoppable. My advice. Just hold on to your assets because what you hold is a coin that has a big name and has many users and fundamentals.

Silberman

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Quote from: terencio on June 04, 2023, 11:58:37 AM

I feel your pain, I also bought some Bitcoin and ETH at higher prices and now I’m waiting for them to recover. The altcoin market is very volatile and unpredictable, especially in a bearish trend. Some altcoins may have strong fundamentals and innovative features, but they are still affected by the overall sentiment and demand of the crypto market.

You do not really have too much of a choice but to keep waiting, I know this is not precisely the most comfortable position to be in but if you are able to endure it then sooner or later you will breakeven and then your problem holding your coins will disappear almost immediately, still this does not mean that you can idle away and do nothing, you could try some DCA and lower the price at which you bought your coins if you still have some cash on hand so you can breakeven as soon as possible.

Xal0lex

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Quote from: justdimin on June 02, 2023, 05:40:51 AM

If they are a bubble then their price should be declining not rising. Maybe this is true for the most altcoins, as we all know many of them are just scams. They can rise and pop like a bubble. There are people who cluelessly called Bitcoin and other legit coins a bubble just because they saw it dumping hard but the point is, these coins are still here and it's possible for them to recover and break their last times ATH's, so they are not really a bubble.

It's normal to experience a loss sometimes when investing in cryptocurrencies. Not everyday Christmas mate but as long as you are confident that you invest in a good crypto, just continue to HODL it and you will be just fine.

And how do you know if an investor is investing in a good cryptocurrency? What are the metrics of a good cryptocurrency that make it easy to hold. This is a rather vague characteristic for an altcoin, because the altcoin industry is built in such a way that some new token from the depths of coinmarketcap may be a better and more reliable investment than a coin that is at the top of the crypto ranking.

terencio

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I feel your pain, I also bought some Bitcoin and ETH at higher prices and now I’m waiting for them to recover. The altcoin market is very volatile and unpredictable, especially in a bearish trend. Some altcoins may have strong fundamentals and innovative features, but they are still affected by the overall sentiment and demand of the crypto market.

Desscount

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Quote from: Jocuserious on June 01, 2023, 07:09:02 AM

Unfortunately sleeping for altcoins market. But there is no matter for smart traders where there enjoy profits strategy everyday. If btc price move on rising again then we can expect altcoins profitable but without no way now. Last time i have invest two more altcoins but totally loss because there develop step sleeping.

It's a shame if you experience losses in altcoins, especially when altcoin prices are at the bottom,
and of course in the bear market altcoins are cheaper than bullish, but it's a shame you fail to analyze it Fundamentally from these altcoins,
my advice is you have to analyze it precisely whether the project is good in development or not.

Japinat

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Quote from: FireDAOJackie_Z on May 26, 2023, 10:50:46 PM

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.

Just be patient because having a bearish trend is somewhat normal in the world of investments mainly in cryptocurrencies because we are still in the middle of the economic crisis which leaves people in having some doubts about what's good and what's not. Sooner or later, the raging bull will come because it will always come to restore order and give profits towards the investors who are holding in times of doubt even through the times that the market is already very unpredictable. And as long as you made your research before investing, you yourself can already say that you are in the right path. Again, just be patient.

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