Pages:
Author

Topic: Will altcoins ever cheap again? (Read 176 times)

hero member
Activity: 2898
Merit: 597
Eloncoin.org - Mars, here we come!
April 23, 2024, 05:50:15 PM
#31
Will altcoins ever cheap again?
Yes, because not all of them are going to take off on this bull run.

Or you are buying overprice altcoins?
To be honest, I did and that's not just once but a lot of times. I feel ashamed of myself when I did that because I was caught by the FOMO and the hype that those projects did. But past is past and I'm able to move on and learn from that experience as it's not going to happen anymore or if it does, they're minimal.  Cheesy
sr. member
Activity: 1302
Merit: 324
#SWGT PRE-SALE IS LIVE
April 23, 2024, 01:29:38 PM
#30
Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?

I'm sure altcoin prices are still cheap. At least the price of altcoins will be a little cheaper compared to the beginning of 2024. The bull run season is in 2025. So I think this is still the early stage for investing in altcoins at low prices. I predict most altcoins will rise in the next bullrun season. It takes patience for investors to buy now and sell in 2025.
sr. member
Activity: 1358
Merit: 326
Eloncoin.org - Mars, here we come!
April 23, 2024, 12:24:15 PM
#29
I don't think that altcoins are cheap now because Bitcoin has not shown any increase yet so if Bitcoin is decreasing then no altcoins can become higher in its worth to touch the new ATH. Halving has started but those who don't have to buy their favorite altcoins yet can buy as the price is not higher and will go higher steadily.

Altcoins season has not taken place so the price will become expensive at the time of altcoins season therefore don't assume the current worth as an expensive worth as we have to see a huge pump in coming months. Anyone can still buy altcoins before further increase therefore don't be disappointed by examining the current worth.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 20, 2024, 07:51:42 PM
#28
...Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend...

If you look at the chart, you will see that the price of all altcoins is still very far from ATH. And accordingly, in comparison with ATH, the price looks very attractive for purchase. Although it must be admitted that most altcoins have already grown significantly in price over the past year.
member
Activity: 392
Merit: 13
#SWGT PRE-SALE IS LIVE
April 20, 2024, 07:42:37 PM
#27
But what makes you think that altcoins are overpriced? I agree that due to Bitcoin dominance the market and as its effects, many altcoins get pumped but if you notice carefully then you can see that top potential altcoins are still 70/80% down from their ath that happened in previous bull run. So I don't think you'll find altcoins cheap again rather they'll keep increasing with time but you should keep your eyes on market so that you could buy altcoins with cheap if market start correction or you found any opportunity
member
Activity: 210
Merit: 39
April 20, 2024, 01:50:31 PM
#26
Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?
This year I have noticed that Bitcoin has pumped a lot. Along with that Bitcoin has been followed by several top tier altcoins. Bitcoin hit new highs, but the top alt coins were still far from past price records after the price increase. If you think you want to invest in altcoins, you can choose the top ones because the altcoin season has not started yet. At the end of the year we are waiting for a bull season to start, maybe then we will be in the beginning of the altcoin season.
hero member
Activity: 742
Merit: 513
April 20, 2024, 01:42:03 PM
#25
Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?

There has not been pre-sales and sales of new coins by new projects, in fact a lot of people now exercise caution before they buy any new coins because there has been a lot of scams and the regular findings that we used to see from big venture capitals are all in break because the ones they have previously invested on hasn't return on their investment because the previous bear market crash. Due to this, money has refused to flow out of the old altcoins to the new ones and more people continue to invest in them and they keep getting bigger by market cap.

My question is do you want to buy altcoins cheap or you want a project that is solid which you can invest on and makes some cool money. There is no point in putting money on low caps altcoins and get scam. It's better to invest in something you know can give you return on investment even as low as 6x is not bad as long as you had it back to you intact with your investment safely.

There is another market manipulation I want you to understand, the crypto market is been controlled through your emotions. Market makers knows that everyone is expecting the prices to dump, they wouldn't do that rather they will push the price and makes everyone believe that bullrun is back and then exit when they want to, you should be careful on how market manipute your mind when on decision to buy and sell.
hero member
Activity: 1190
Merit: 516
Eloncoin.org - Mars, here we come!
April 20, 2024, 01:26:02 PM
#24
The market goes through ups and downs in movement. If you are investing in altcoins, then you will have plenty of chances to invest. If you don't get the chance to join the old project, then you will surely be able to get a chance to invest in a new project. There will be plenty of projects in the short term to make a profit. I am pretty confident that most people won't buy altcoin at the bottom. People wanted to invest when the price was moving forward. If an altcoin is moving sideways, then there is still time to invest.
legendary
Activity: 3066
Merit: 1049
Eloncoin.org - Mars, here we come!
April 20, 2024, 12:13:45 PM
#23
Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?

There are new altcoins coming everyday and they are generally cheap when they are new. New promising coins could be a good investment for the future.
As the competition rises, the newer coins with better technology would make older coins obsolete making them fall in price, they won't be a good investment.
There are bull and bear cycles in crypto as well, we at the moment are in a first few stages of a bull, when this bull is going to hit the highest point, a bear would follow, which might or might not led to a cheaper price than we currently have.

new cheap altcoins can be good for short-term investment once the altcoins season starts but while it's yet not happening, avoid them. you'd just be making your money sleep and these new coins might never be listed in big exchanges too which is risky.

scam teams are already listing their coins on exchanges i think there will be a lot of people going to get rich but also lots will be scammed after. those who have been in many bull run i think got the idea already off how to exit when its time.
sr. member
Activity: 1750
Merit: 280
Smart World Global Token
April 20, 2024, 11:55:32 AM
#22
Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?

There are new altcoins coming everyday and they are generally cheap when they are new. New promising coins could be a good investment for the future.
As the competition rises, the newer coins with better technology would make older coins obsolete making them fall in price, they won't be a good investment.
There are bull and bear cycles in crypto as well, we at the moment are in a first few stages of a bull, when this bull is going to hit the highest point, a bear would follow, which might or might not led to a cheaper price than we currently have.
sr. member
Activity: 294
Merit: 267
Baba God Noni
April 20, 2024, 11:44:09 AM
#21
It depends on the altcoins that you want to buy or that you are talking about. Since I invest only in bitcoin, I still see the price of altcoins very cheap for whoever wants to buy them now. If it is too expensive for, then you should buy the ones that are new and worthless.

I would advice you to use a little amount of money to invest in any altcoin that you want to buy, because it is not all of them that will survive in the market. We will still see the bull run of some altcoins after bitcoin bull run, so buying them now is wiser.
full member
Activity: 364
Merit: 220
Eloncoin.org - Mars, here we come!
April 20, 2024, 11:31:15 AM
#20
Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?
I don't understand your statement, I thought that Bitcoin bull season is what precedes altcoin bull season, and Bitcoin bull run has not fully kicked off, so I don't see how altcoins price is overpriced now. I believe that it's not late to start buying altcoins that you think will bull in this season, because when Bitcoin is bullish and investors are getting ROI they'll want to diversify and reinvest in altcoins, that's when the alt season will start and their prices will become high. Remember that it's not all the altcoins that are worth investing in, so carry out your own research first.
legendary
Activity: 1946
Merit: 1224
'Life's but a walking shadow'!
April 20, 2024, 11:23:57 AM
#19
So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?
There are so many altcoins in the market, so you have to be specific on the altcoins you are talking about, there are quite a lot of altcoins that are cheap and some more established coins that cost more. That being said, you shouldn't be looking at only the price when you want to buy altcoins, what should concern you is its utility and long term sustainability, and not its price.

Though during altcoin season new projects can pump very high and if you want to gamble, you can buy a few of them irrespective of their utility and see if you'd be lucky on some.
jr. member
Activity: 109
Merit: 1
April 20, 2024, 11:01:27 AM
#18
Yes, we have like 6 months before halving will take effect on price, so, they will go lower before that
newbie
Activity: 42
Merit: 0
April 20, 2024, 09:21:18 AM
#17

It's important to note that while some altcoins may become cheaper, others may experience price appreciation. It ultimately depends on the specific altcoin and the factors affecting its value. However, investing in cryptocurrencies carries inherent risks, and prices can be unpredictable. It's crucial to conduct thorough research

To be fair this isn't really true. You can select any of top 100 coins on cmc and make profit during a bull..
hero member
Activity: 2758
Merit: 522
Leading Crypto Sports Betting & Casino Platform
April 20, 2024, 08:56:48 AM
#16
altcoin cycle is faster than the long established coin like ethereum and bitcoin if you think an altcoin is already too expensive or won't go down to its bottom floor price then you can simply ditch it and seek another altcoin. those are good starting point for investment in altcoin be sure to pick the right project though at least thats backed by big venture, moreover waiting altcoin to go down at the time of bullish like this is foolish thing to do, it won't go down anywhere near the price when it was bearish solana won't go down to $2 again worst scenario it goes down to $100 and thats it same with other coin that has gotten rally this time around.
thats why its probably too late already for investing if you are aiming for big profit but knowing that bitcoin could be well getting even higher above $100k in the future I think you still have that opportunity of investing and make quite the profit but be sure to know the altcoin you're investing as well, buying at peak like this might pose some risk at least from my analysis I most certainly could be wrong.
hero member
Activity: 2520
Merit: 783
April 20, 2024, 08:47:12 AM
#15
Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?

What do you mean by cheap like the price became so low way back 5 years ago? or more? Since what I think its not gonna happen since we are facing different phase of crypto which a lot of people is not buy and holding those top coins in the market. This is why we see that a lot of support for those top coins since there are a lot of whales support its price so it will not dump. If you still wait for a dump then maybe there's nothing or way to far before you can earn a profit with this since there's low chance that a big dump which can upset people totally might not gonna happen again. But if there's certain bad incident happen like a crazy big correction will happen then maybe everything in the market will change and we could able to see more dump to happen.
newbie
Activity: 28
Merit: 19
April 20, 2024, 08:22:31 AM
#14

It's important to note that while some altcoins may become cheaper, others may experience price appreciation. It ultimately depends on the specific altcoin and the factors affecting its value. However, investing in cryptocurrencies carries inherent risks, and prices can be unpredictable. It's crucial to conduct thorough research
newbie
Activity: 42
Merit: 0
April 20, 2024, 08:08:22 AM
#13
Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?
So many are cheap. We are only half way through this bull market..
hero member
Activity: 2800
Merit: 520
Leading Crypto Sports Betting & Casino Platform
April 20, 2024, 06:11:26 AM
#12
Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think?
If you are thinking buying old altcoins is expensive for you and why don't you buy the new altcoins that have not yet made big pump? this will also help you to avoid being dumped like whales exit liquidity. You have various solutions to fix this but this totally depends on your perspective caused by i can't really say that if you must do this.

Will altcoins ever cheap again? Or you are buying overprice altcoins?
It will as long as bitcoin will go cheap too. I have been accumulating various altocins during the bearish trend after 2021 and so im only interesting to buy the new altcoins.

It will able to give me decent return as the new altcoins will always create new ATH in the future.
Pages:
Jump to: