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Topic: Will altcoins ever cheap again? - page 3. (Read 718 times)

hero member
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May 28, 2024, 06:13:43 AM
#69
I did bought overpriced altcoins and I don't want that to happen again. But even if I buy overprice altcoins if what comes next is a pump of it, that's not a problem anymore.

All it gotta take is for us to profit. And the price of the bought altcoin will be forgotten because you just made a profit out of it.

And I am sure that most of the altcoins are going to be cheaper soon but when? maybe on the bear market or when their hype is done.
sr. member
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Seabet.io | Crypto-Casino
May 28, 2024, 06:04:40 AM
#68
Crypto market analysis is very difficult. But I think the price of altcoin will definitely be cheap. But it's not very soon. After the current bullrun ends. And waiting till then is difficult. So I think you can buy altcoins of your choice when the market goes to dip. And I think that it should be sold only if there is a small profit without being too greedy.
A person who can invest by analyzing the crypto market will get a good profit by investing. And if a person invests without analyzing the crypto market, he will never get profit and there will be a possibility of losing his invested money. But when will the price of altcoin be cheap?  Still can't figure it out. Altcoin prices are cheap only when bitcoin prices are cheap.
sr. member
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PredX - AI-Powered Prediction Market
May 28, 2024, 04:58:05 AM
#67


BTC halving is a positive event, so it's a bad idea to wait or expect that crypto price will dip during it but it looks like there is a miracle that occurred on this current halving round, since there is no positive effect yet that takes place. They should not waste this moment because I'm sure there are people who will think twice and ended up waiting for another decline again.

If you look at previous halvings, usually Bitcoin and some altcoins will experience a correction for several months before hitting a new ath. Because of this, many speculate that bitcoin will experience a correction and 2025 will be altcoin season and bitcoin season. So because of that, many say that in 2024 it is still worth investing because the price is still cheap. But if it's even cheaper I'm not sure because I see bitcoin will be in the range of 60-70k dollars this year. This will affect the prices of several altcoins so I predict that altcoins will not get any cheaper.
member
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May 28, 2024, 03:19:47 AM
#66
Today's altcoins are not expensive compared to when the bull run occurred, are you doubtful that the current altcoins still consider them expensive? Most altcoin prices can still be reached by the lower class to invest, not with bitcoin, the price of which is already too high, I'm sure altcoins will rise 5x or even more in the next few months. It's time for us to collect lots of altcoins. Today there is still a chance to make a profit from altcoins.

I think it's true, we still have the opportunity to buy it and it's still cheap, especially today's market conditions, especially if we see that the BTC price has also been corrected from 70K down to 67.9K.

Yes. This is a good opportunity to increase your coin ownership, especially quality memes.
legendary
Activity: 3080
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Leading Crypto Sports Betting & Casino Platform
May 28, 2024, 02:22:08 AM
#65
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?
If you didn't buy them cheap, you won't buy them when they are "expensive" either. Because the expensive price you are referring today can be cheap next week when you realize it's not going down and that was near bottom compared to where is it that day. You will only lose it you are going to chase the bottom, because you won't ever invest into it while waiting for next bottom.

Reason i know that is i've seen this so many times, people think they are expensive now, and later there will be people who say that if they only knew about such coin they would surely bought them at that level, but they wouldn't. Because cheap and expensive are relative terms and mean nothing without context.

That's psychology of hindsight, you would have thought bitcoin was expensive in 2014 as well because it hadn't drop to the level it started from.
hero member
Activity: 2730
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Leading Crypto Sports Betting & Casino Platform
May 28, 2024, 01:53:03 AM
#64
No it's not growing super faster. That's so exaggerated, and if it's true then we are at $100k now but nah. We are still stuck at the $60k glory. I still appreciate the recovery made of BTC these past months. There are alts who also made an increase along with BTC but I think many of them are still affordable.

BTC halving is a positive event, so it's a bad idea to wait or expect that crypto price will dip during it but it looks like there is a miracle that occurred on this current halving round, since there is no positive effect yet that takes place. They should not waste this moment because I'm sure there are people who will think twice and ended up waiting for another decline again.
sr. member
Activity: 2828
Merit: 344
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May 28, 2024, 12:48:49 AM
#63
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?
It is quite simple to understand that not always the market is on the top and rolling high, a time will come when it rolls down again.
Perhaps, volatility is the nature of the market and price moves up and high.

Therefore, the chance is equal to the chance that it pumps. We are experiencing a surge in price because of bull season and high demand pushing the price to roll up. But after all of this thing, a dump is also about to be expected. The same experience we had in the previous years where bear season strikes after price hyped.
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Eloncoin.org - Mars, here we come!
May 27, 2024, 05:34:22 PM
#62
     You know that you can actually see a lot of altcoins that are actually cheap that have the potential to bring profit to anyone in the crypto space. All you really need is patience in finding them. You will also exert effort to find them.

     Actually, I know some that are low right now that have the potential to be $1  at the cheap price they currently have, and if they don't reach $1  each, you will still make money from them. And like I said, you just have to be patient in your search, although there is always risk involved in investing.
jr. member
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May 27, 2024, 04:35:17 PM
#61
The cryptocurrency market place has make it easier to the question you're asking, because Bitcoin price was cheaper when it was created in initial time of listing as it stated on the coinmarketcap trading history was started cheap price. While looking for cheap alt-coins are many in coinmarketcap and required making a research to invest on prosperous Coin in future profits business, which is patience is the key to hold for a long term.
hero member
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PredX - AI-Powered Prediction Market
May 27, 2024, 12:49:03 PM
#60
Price is relative, to some people entering Crypto now, the price is not that high since they are buying these tokens based on what they were told that moon only, people that have been here and see the price of token move from $1 to like $20 will feel it is too expensive. I missed out on $Doge because I believe the price was too high and Elon Musk kept pumping the price last cycle. The most important thing about prc]ice is too have open mind and never think a price is too high or too cheap and jump into it, low price doesn't mean the price will go up, I have see tokens dumped 90% and later dumped another 90%
hero member
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May 26, 2024, 06:05:50 PM
#59
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's your definition of cheap altcoins? If you are looking for top picks on coinmarketcap then sure it might be reached its new ATH and you considered that an "overprice" altcoins. But, there are still so many altcoins that are still considered "cheap" and underrated to trade, so might as well to check those out. Altcoins are vulnerable for such high pump and dump market movement, it's pretty much normal.
legendary
Activity: 2450
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duelbits.com
May 26, 2024, 04:59:02 PM
#58
Now crypto market is growing super faster along with Bitcoin.
How do you define "super faster"?
I think there is no something so different with the previous bullrun season.
Although it is quite surprising that Bitcoin reached a new ATH before halving but everything looks normal after the halving happened.

Altcoins are become so expensive.
Which altcoins be so expensive?
Even if there are altcoins which can increase high, many of them still can increase significantly.

People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend.
Why people feel disappointed?
After halving, we already have a big decrease of crypto prices. It was when the price of Bitcoin dropped from $73k to $56k.
At that time, the prices of many altcoins freefall. Why they didn't buy altcoins at that time?  Huh

By the way, it is good if the market keep growing and we have a constant uptrend. We know it is not the best time to accumulate crypto coins, it is the time to prepare taking profits. Most people must expect to have up trend, it is what we are waiting for in 3-4 years (return of cycle). So, it is a bit strange if people are disappointed to see a constant uptrend.

full member
Activity: 1526
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May 26, 2024, 03:10:47 PM
#57
If you want to invest in altcoins, Matic can be your first choice. Because the value of this coin is still much lower than the last bullrun.  Last bull season. Matic was priced at around $3. But now it costs only $0.72. So in my opinion it has huge potential to rise in near future. You should do your own research before investing any coin.
sr. member
Activity: 1582
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Next Generation Web3 Casino
May 26, 2024, 02:08:58 PM
#56
Crypto market analysis is very difficult. But I think the price of altcoin will definitely be cheap. But it's not very soon. After the current bullrun ends. And waiting till then is difficult. So I think you can buy altcoins of your choice when the market goes to dip. And I think that it should be sold only if there is a small profit without being too greedy.
hero member
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SecureShift.io | Crypto-Exchange
May 26, 2024, 12:43:41 PM
#55
I don't know how you can think that alts price are not cheap as it is now, have you taken a look at the market lately and see how cheap most of the alts are now, look at alts like Tia, DYM, Apt, Wormhole, inj and a whole lot of them are very cheap as we speak.
I don't think you will see alts any cheaper than what they are now. If we are going to witness a bull run after btc halving i think this is the time to buy some of the great alts for the upcoming bull run.
sr. member
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May 26, 2024, 12:13:32 PM
#54
you want cheap coin you wait another bearish, its the rule of thumb.
if you missed buying it now then in the future there will obviously come a time where all the coin price tanked you can buy them at heavily discounted price but there's this one disadvantage of being too late where the price despite in bearish probably still higher than the previous bearish price because thats just how it works.


We will never be able to time the market. The market works very dynamically and there are tens of thousands of projects based on CMC. If you look at CMC you will see how each project experiences ups and downs. But no one can ever truly predict the market. Don't wait for a bearish season. But buy with your cold hard cash if you believe in the project. An example is the ONDO project where the price is now around $1.2. But some people say the price is already very high when it was at $0.7 a month ago.
full member
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PredX - AI-Powered Prediction Market
May 26, 2024, 11:41:55 AM
#53
The rise and fall of altcoin prices is a very common thing, therefore you don't need to be afraid to invest in altcoins, especially if the altcoin you invest in is ranked in the top 10 of CMC, because the altcoin that is ranked in the top 10 certainly has great potential for can provide benefits in the future.
hero member
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Leading Crypto Sports Betting & Casino Platform
May 26, 2024, 09:59:55 AM
#52
you want cheap coin you wait another bearish, its the rule of thumb.
if you missed buying it now then in the future there will obviously come a time where all the coin price tanked you can buy them at heavily discounted price but there's this one disadvantage of being too late where the price despite in bearish probably still higher than the previous bearish price because thats just how it works.
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?
Altcoins are too much related to the market of BTc and whenever there will be a dump into the BTC price the altcoins will also come to a much cheaper point.

So after halving there was a good opportunity to invest in altcoins when there was an ongoing dump in the market but now the market seems to be balanced and starting its journey for a positive growth. So in order to get an insight of altcoins study the BTCs behaviour closely.
the only chance right now to make investment is when market having sudden correction when price dips more than 20% thats the right time.
i've seen plenty of altcoins having just that moment, like manta where they lost 50% of value.
but i'm not so sure whether they are worth investing.
legendary
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May 26, 2024, 09:50:12 AM
#51
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?

Cheap prices will definitely return, but it will take time, maybe after a bull run or correction period is the closest,
to buy altcoins when the price is high, I don't think it's better not to make a profit than to lose money in the long run, because you're stuck on a coin whose value is stuck and continues to decline.
full member
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Eloncoin.org - Mars, here we come!
May 26, 2024, 08:53:03 AM
#50
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?
Altcoins are too much related to the market of BTc and whenever there will be a dump into the BTC price the altcoins will also come to a much cheaper point.

So after halving there was a good opportunity to invest in altcoins when there was an ongoing dump in the market but now the market seems to be balanced and starting its journey for a positive growth. So in order to get an insight of altcoins study the BTCs behaviour closely.
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