What happens to altcoins ? - page 8.

Xal0lex

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Quote from: justdimin on June 02, 2023, 04:40:51 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, 06:09:02 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, 09:50:46 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.

fzkto

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Quote from: poodle63 on June 04, 2023, 10:03:49 AM

Quote from: Jocuserious on June 01, 2023, 06:09:02 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.

That means if you shall have only invested in the legit coins to make sure if you will not be losing your money again. I think that this is the most difficult task that can be done by us.
It's caused by there have been bunch of traps in the market that was also forcing people not to dyor

Sometimes it happens that even when a project is well researched, there is a scam. Or if not a scam, the project simply loses relevance. Every season one project replaces another. The worst example is luna, but you can look at the history of sol. The main thing when investing in altcoins is not to get greedy and don't keep the coins for long. If you get a good profit, sell the coins and forget about this project.

poodle63

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Quote from: Jocuserious on June 01, 2023, 06:09:02 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.

That means if you shall have only invested in the legit coins to make sure if you will not be losing your money again. I think that this is the most difficult task that can be done by us.
It's caused by there have been bunch of traps in the market that was also forcing people not to dyor

Kaliandra

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investing in bitcoin and altcoins is indeed very RISKY, especially if for example we buy at a high enough price then the value of our money has the potential to decrease, but in my opinion in this case the op must be patient and endure and I think you have invested in good crypto because you have invested in bitcoin and ethereum and those two cryptos will definitely have upside potential in the future.
I hope you get profit from your investment.

Solokan

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Quote from: Adbitco on May 27, 2023, 01:25:30 AM

Before involving oneself to investment its our (your) duty to develop time to study how the market would move within the period of your investment, also when bitcoin price decreases -2% altcoin are being affected by -4%, likewise if the market increases it also affect the altcoin. There is no strong bear and I just believe it was little market correction, we may not witness any ugly situation with the price being that the bitcoin halving is around corner.

actually there is nothing for op to worry about because indeed the crypto cycle is like that like you said friend ,,

and indeed now is actually the right time to buy bitcoin or altcoin of course for those who are interested because soon we will arrive at the halving of bitcoin.
In my opinion, in this case the important thing is that op must be patient and endure.

lepbagong

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Quote from: lunnatic on June 03, 2023, 02:03:46 AM

Quote from: lepbagong on June 02, 2023, 11:03:19 PM

Quote from: lunnatic on June 02, 2023, 09:28:56 AM

Altcoins have indeed had a poor performance this year, so we can't expect much from altcoins because indeed altcoins are still following the path of Bitcoin,
and Bitcoin has not yet switched from bearish to bullish, so let's just wait until that happens, if it happens then you will seeing altcoins experiencing a rebound and pump.
and some altcoin will even reach new ath.

indeed it seems that for altcoins that are not ranked the best it seems that their performance is decreasing (including new altcoins), but for altcoins whose development is quite good they can perform well, in accordance with the movements made by bitcoin.
it must be remembered that the beginning of the year bitcoin has surprised with a good increase even though it finally corrected at this time, which is something that usually happens.
yes, the bullish period has not yet appeared and it is likely that it will occur next year along with the era of the halving period, altcoins that can last until the end of this year, will be able to move together with bitcoin to achieve an increase.

Halving will make a difference in the altcoin market later if we have bought altcoins at bottom prices then just hold on and don't sell,
but if you want to play scalping go ahead because in a bear market it is clear that scalping will be very risky,
altcoins with good fundamentals will always have a way to recover the price of the coin so we don't have to worry.

Indeed, the situation in the halving era will differentiate between altcoins that are capable of continuing to grow and altcoins that do not.
at the same time when there is an opportunity to buy at the cheapest price of course it is an opportunity and continue to buy and hold it. agree with you that good altcoins because they continue to develop, will participate with bitcoin when the market situation is bullish, otherwise those who are unable to develop will certainly be eliminated from the market.

lunnatic

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Quote from: lepbagong on June 02, 2023, 11:03:19 PM

Quote from: lunnatic on June 02, 2023, 09:28:56 AM

Altcoins have indeed had a poor performance this year, so we can't expect much from altcoins because indeed altcoins are still following the path of Bitcoin,
and Bitcoin has not yet switched from bearish to bullish, so let's just wait until that happens, if it happens then you will seeing altcoins experiencing a rebound and pump.
and some altcoin will even reach new ath.

indeed it seems that for altcoins that are not ranked the best it seems that their performance is decreasing (including new altcoins), but for altcoins whose development is quite good they can perform well, in accordance with the movements made by bitcoin.
it must be remembered that the beginning of the year bitcoin has surprised with a good increase even though it finally corrected at this time, which is something that usually happens.
yes, the bullish period has not yet appeared and it is likely that it will occur next year along with the era of the halving period, altcoins that can last until the end of this year, will be able to move together with bitcoin to achieve an increase.

Halving will make a difference in the altcoin market later if we have bought altcoins at bottom prices then just hold on and don't sell,
but if you want to play scalping go ahead because in a bear market it is clear that scalping will be very risky,
altcoins with good fundamentals will always have a way to recover the price of the coin so we don't have to worry.

lepbagong

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Quote from: lunnatic on June 02, 2023, 09:28:56 AM

Altcoins have indeed had a poor performance this year, so we can't expect much from altcoins because indeed altcoins are still following the path of Bitcoin,
and Bitcoin has not yet switched from bearish to bullish, so let's just wait until that happens, if it happens then you will seeing altcoins experiencing a rebound and pump.
and some altcoin will even reach new ath.

indeed it seems that for altcoins that are not ranked the best it seems that their performance is decreasing (including new altcoins), but for altcoins whose development is quite good they can perform well, in accordance with the movements made by bitcoin.
it must be remembered that the beginning of the year bitcoin has surprised with a good increase even though it finally corrected at this time, which is something that usually happens.
yes, the bullish period has not yet appeared and it is likely that it will occur next year along with the era of the halving period, altcoins that can last until the end of this year, will be able to move together with bitcoin to achieve an increase.

lunnatic

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COMBONetwork

Altcoins have indeed had a poor performance this year, so we can't expect much from altcoins because indeed altcoins are still following the path of Bitcoin,
and Bitcoin has not yet switched from bearish to bullish, so let's just wait until that happens, if it happens then you will seeing altcoins experiencing a rebound and pump.
and some altcoin will even reach new ath.

justdimin

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Quote from: Godday on May 29, 2023, 09:18:50 PM

Sometime between 2020 and 2021 the crypto market was going through a bubble so the price of each asset was sky high. It just doesn't make any sense. I had bought some assets that year but I had a loss so I decided to keep my assets.
I see this year the cryptocurrency market is improving little by little and I see this is not a bubble like in previous years.

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.

Silberman

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Quote from: Agbe on June 01, 2023, 09:46:03 AM

It is good to diversify your investment. Cryptocurrency is not a stable coin whereby you would be expecting it to be stable at all time. The volatility is also to make the market sweet because people are benefiting from the two sides which are the bear and the bull market. Bitcoin can not be compare to the other altcoins even the value of bitcoin is much more better than other Coins. But as a investor even on altcoins, you don't have to be afraid. Definitely everything will still come to again. Just be patient.

While there are some traders out there which are afraid of the extreme volatility this market can present, the truth is that without it is impossible to make any money as we need the market to move to make any money, as such traders need to learn to embrace that volatility, and if they cannot do it then maybe it is time for them to reconsider whether they want to still be traders and make a transition towards investing, or in the most extreme case give up completely and find another way to make money online.

Agbe

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It is good to diversify your investment. Cryptocurrency is not a stable coin whereby you would be expecting it to be stable at all time. The volatility is also to make the market sweet because people are benefiting from the two sides which are the bear and the bull market. Bitcoin can not be compare to the other altcoins even the value of bitcoin is much more better than other Coins. But as a investor even on altcoins, you don't have to be afraid. Definitely everything will still come to again. Just be patient.

Jocuserious

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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.

blackened515

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Quote from: lepbagong on May 31, 2023, 08:19:29 PM

actually a situation like the current one will put pressure on altcoins that cannot develop themselves will be eliminated by themselves and no one will want to invest. precisely a situation like this is needed by naturally sorting out whether altcoins can survive or not, because altcoins grow very fast and this will hurt investors a lot.
so it's not surprising because the growth is very fast, so many altcoin scams have spawned and this will be by itself if there is no development and the supporting community behind it will disappear by itself.

Not meeting the trader's expectations, will only trigger abandoned of that specific project. Altcoins do have their pump and dump seasons, our targets is to map out the time these projects trigger bull moves in the market. Bitcoin is the only project that pumps during bear season, most altcoins doesn't survived in the bear season. That's quite understandable, like Terra Luna, delisted from top exchanges and end up liquidating Investors portfolio. I've learnt my lessons, not putting in my 100% trust on altcoins, they can pump and dump in any point in time.

lepbagong

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Quote from: Victorik on May 31, 2023, 02:23:49 PM

Quote from: TastyChillySauce00 on May 28, 2023, 06:36:15 PM

Quote from: Victorik on May 28, 2023, 05:08:46 AM

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.

Only scam coin that will not survive during the bearish market like this. There are so many shit scam coins can even comeback alive again after someone put liquidity on it. It's almost all of coins didn't have utility.
If we are analyzing it and majority of coins were alive caused by there are still people who speculating it. I see no reason other than it right now.
Altcoins gonna be stay stable to follow bitcoin.

It's true that mostly scam coins that will not survive this kind of bearish market. But still there are some coin that will not survive it despite not been a scam coin.
Definitely, altcoins follow after Bitcoin, and that's why the BTC is important to the success of altcoins

actually a situation like the current one will put pressure on altcoins that cannot develop themselves will be eliminated by themselves and no one will want to invest. precisely a situation like this is needed by naturally sorting out whether altcoins can survive or not, because altcoins grow very fast and this will hurt investors a lot.
so it's not surprising because the growth is very fast, so many altcoin scams have spawned and this will be by itself if there is no development and the supporting community behind it will disappear by itself.

kaseygriffin

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Don't worry; stay calm because we're still in the offseason anyway. This is only challenging our patience and persistence in keeping our assets after the recent strong fluctuations. Wait for the right time to be able to buy some other altcoins that have not really appreciated. As long as some strong news is released, the bull market at that time may have an opportunity for these coins to rise sharply. So try not to think too much about investments, because then it will only make you feel worried that you will be able to make failed decisions.

Victorik

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Quote from: TastyChillySauce00 on May 28, 2023, 06:36:15 PM

Quote from: Victorik on May 28, 2023, 05:08:46 AM

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.

Only scam coin that will not survive during the bearish market like this. There are so many shit scam coins can even comeback alive again after someone put liquidity on it. It's almost all of coins didn't have utility.
If we are analyzing it and majority of coins were alive caused by there are still people who speculating it. I see no reason other than it right now.
Altcoins gonna be stay stable to follow bitcoin.

It's true that mostly scam coins that will not survive this kind of bearish market. But still there are some coin that will not survive it despite not been a scam coin.
Definitely, altcoins follow after Bitcoin, and that's why the BTC is important to the success of altcoins

Topic: What happens to altcoins ? - page 8. (Read 2028 times)