Topic: Will Altcoins ever come back again - page 25. (Read 8093 times)
No one can predict the death of any coin unless it is already have 0 value. Even bitcoin dominate the crypto world, I believe that there is a right time for altcoin. From the start we all know that all crypto moves quickly so there are big possibilities that it will increase or it will fall. So for my own opinion altcoin is still alive and will rise again soon.
Well, I don’t know the time altcoins died on the market. Altcoins have always been another good choice for cryptocurrency investment although not all may be worth investing in at a particular point in time. Since there are numerous altcoins, there is always a number of them experiencing bull run irrespective of the market condition and it will take the hard working investor to research well into them to identify these altcoins.
I've been hearing a lot about the disappearance of altcoins lately. But most likely this information is false and it is necessary for people to sell a large number of altcoins at very low prices. This will benefit institutional investors. They will be able to sell expensive bitcoin and buy cheap altcoins. Later everything is back to normal but the whales as always will get a very good profit.
Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow.
According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.
What is your say on this.
According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.
What is your say on this.
In the cryptocurrency market, altcoin is more risky than Bitcoin but I think Altcoin is also an opportunity to rise now and in the future. Only altcoin has a product that will survive amid the many new altcoins that emerge. With more and more STO tokens, I think altcoin will still survive and maybe there will be many companies that publish their own altcoin
Altcoins are not dead, shitcoins are getting separated from real coins, its just a matter of times and coins with real projects and roadmaps come into the real life
In my opinion altcoin is now not a dead end, but there is a beautiful time for altcoin.
Bitcoin is now growing in the market continues to increase, maybe after bitcoin prices are stable then altcoin will start to grow again.
Bitcoin is now growing in the market continues to increase, maybe after bitcoin prices are stable then altcoin will start to grow again.
Yes, the market seems not to be favourable for altcoins as of now, but do you know that some whales might want to use this opportunity to enrich themselves. A lot of people have said different things, experts inclusive, which later did not happen as they said, but were discovered to be strategies for acquire more.
Well, if you feel what Max keiser said is outrightly true, you can leave altcoins for bitcoin, but I will advise that you do your research and still hold the good ones.
Well, if you feel what Max keiser said is outrightly true, you can leave altcoins for bitcoin, but I will advise that you do your research and still hold the good ones.
I believe in a bright future for altcoins. There are many promising projects among altcoins. I believe that blockchain technology will be successful and now is a good time to invest. I think that such an opportunity for investment may not happen again.
Yes of course but only those that has what it takes to come back. What I meant is, altcoins which are valuable and have something to offer unlike the hype ones. Also, the nature of the current market I exposing many altcoins now and investors are getting wise the more; that is taking profit at the appropriate time and going back to Bitcoin. I thinks it wise to hold more of Bitcoin and only few altcoins like ETH or altcoins that have a product which will constantly keep the platform valuable.
We will see if shit coins has no chance anymore when the market will recover and in the bullish state again. Right now, I agree with your suggestion to focus on bitcoin and some solid altcoins, but I might consider some low marketcap coins which I think has a little potential to grow because they are undervalued and if I'm lucky, I could make a good amount of profit, after all we are just gambling here as we never know what the future will bring.
Yes of course but only those that has what it takes to come back. What I meant is, altcoins which are valuable and have something to offer unlike the hype ones. Also, the nature of the current market I exposing many altcoins now and investors are getting wise the more; that is taking profit at the appropriate time and going back to Bitcoin. I thinks it wise to hold more of Bitcoin and only few altcoins like ETH or altcoins that have a product which will constantly keep the platform valuable.
The market is still open for them and some investors still have confidence with altcoins. Only we suffer low market demand pulling its price to drop badly. Not totally just because of ICO performance but mostly it is the result for many scamming activities they did. It is really hard to regain the trust of investors cause they are still in doubts about what altcoins can give with them. We aren't disclosing any chances but it takes years and it makes possible also if Bitcoin price will move higher than of today.
Yes, but in this case, just few altcoins will recover while majority won't. It is becoming clearer to investors that most coins are just pump and dump, that is, immediately after listing and it attains a good price they will sell off and exit the project. The reason for this is that most are just repetition of already developed projects while most have certianly nothing to offer. Also, there is no doubt Bitcoin is taking the lead, but I think most altcoins with already working products will still see limelight sooner than later.
I think there is no need to panic before last bullish cycle we were also listening such things although i have also lost a bit of passion in alts due to massive losses they have given and even now they seem to be slipping down more every other day but still i think that market can take turn anytime and we may experience good times for alts again but patience will be the key here so if you are holding good quality alts i would suggest to be patient and keep hodling.
The crypto market is in the depression stage and the recovery time will not be less than 3 years in my opinion. I don't want to invest in the negative yield investments and the technical indicators show the availability of the bigger room for the next arm of the market downtrend. Altcoins are in trouble but the traders use these projects in order to get more Bitcoin from the market. The true believers know the reasons for HODLing the any altcoin and the reason can be mixed by the different investors. Launching the new project and promoting it don't guarantee the success factor, the investors look for the other points in order to gain the maximum available profits with trading the new coins as an early buyer.
Once wider adoption and more application use cases are set on a global scale they will be for sure. One particular project that has had a major comeback is Nuls with all their recent upgrades
Altcoins have been quite slow and at a standstill point at the moment because most projects don't work but I believe there's hope. It needs time. Altcoins season will definitely come if not now.
To put it simply, currently there is no room for 10,000 different cryptocurrencies in the market. At the most a few dozen may survive into the distant future. The problem with altcoins is that, for each niche or unique purpose, you have hundreds of coins. So the user base and the market capitalization gets fragmented. As a result of this, either all of them will die out, or the best coin for each niche will survive in the long run.
Many old coins or cryptocurrency have been on its lower price for a long time, inactivity of the project and low promotion do affect its dominance since the market is full of new developed modern projects which is more relevant and much preferred by investors. Altcoin season has a chance to happen again, but possibly if Bitcoin gets its new record great increase this year.
Altcoin season will come but not anytime soon for my opinion
But let's just take the opportunity of this bear market to bag legit altcoins
But let's just take the opportunity of this bear market to bag legit altcoins
The quantity of altcoins is too much to begin with. Also, the capital is shared among all these alts with most of them being shitcoins. So when people stop trading shitcoins, the volume dies. Good altcoins need to separate from the voluminous shitcoins in order for sanity to return to the cryptocurrency markets. Less shitcoins means more volume to trade good altcoins with
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