Topic: Will altcoins ever recover their value? (Read 5411 times)
I agree with everyone. This is an absolutely normal situation. Each coin going through the ups and downs. Without this in any way. After all, the price of the coin may fall low in order to then fly even more than originally. So don't worry about it.
I think altcoin is getting better now, evidenced by the existence of the movement and the good progress in the CMC, certainly hope that this is a good hope for the future altcoin may soar again.
Seems like the market is being flooded with new coins with most of them being launched without the hope of ever being used as a currency (only to get the developers rich). Very difficult to work out what is genuine and what is not now.
there are many statements about the causes of the decline in the price of coin crypto, but somehow the main reason for this price decline is, and even today coin crypto is still experiencing a decline in prices, but hopefully by the end of this year or in the next year crypto will be better than now, and hopefully the market will soon recover.
Strong coins, of course, will grow and maybe even cost more than in 2017. however, projects with small capitalization may not be able to recover to their previous levels.
From what I know, altcoin will restore its value when the value of bitcoin has returned to its feet. Bitcoin is very sensitive to the environment that is related to it, whether it's in the form of good or bad news, it will have a pretty strong influence on the value of bitcoin, so that it will have a fluctuating effect on the altcoin value. Some experts argue that at the end of this year there will be a recovery of all crypto coin values, based on the experience that existed in the period of last year.
Personally, I think they will never recover like in 2017, maybe they will increase, but they will not achieve the same high value as before, so expect the price to be lower, do not look Waiting at such high prices will be difficult for you.
Now is a bad time for crypto. In the past few years, crypto has experienced the same thing, but it has finally recovered again, so this time is no exception, we will see altcoins resurrected after 1-2 years.
Unfortunately not all will but that doesn't mean you should just liquidate all of your alternatives
If you have too many high risk assets in your portfolio that don't have a way to increase their usability and adoption it might be a good idea to diversify those into lower risks ones that do
Apart from that you could wait for another market wide pump should one occur again but that's more speculative
If you have too many high risk assets in your portfolio that don't have a way to increase their usability and adoption it might be a good idea to diversify those into lower risks ones that do
Apart from that you could wait for another market wide pump should one occur again but that's more speculative
And second option is for you , that , buy should buy more amount of the assets that you have at low price , because that will result into average price of the coins that you bought in very starting .
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I think most of the Altcoin on the exchange market moves to follow the price of Bitcoin, so now the price of Altcoin is still below the standard price, because we see that the price of Bitcoin has also experienced the same thing since March last month, the price of Bitcoin has declined followed by Altcoin, but if Bitcoin prices rise, I think the price of Altcoin will recover.
Almost all types of Altcoin are guided by the price of Bitcoin for now so if the price of Bitcoin increases it will be felt by other types of Altcoin and if the price of Bitcoin drops then all types of Altcoin also feel it. hope Bitcoin will return with prices last year.
Will altcoins ever recover their value? Yeah, In the recent time, the coin market is unstable. The downtrend is continuously. The price is not good. But the crypto is modern trend, that is our future. Trust it! I beleive it. It will be back.
I believe in this that the altcoin will recover in price, this is just waiting for the time and certainly the time needed is not for a moment, when the market is experiencing a downturn like now of course all will affect all coins too, keep calm and don't panic too much, all will run normally again
I hope you don't buy at the peak, because maybe many altcoins will find it difficult to gain momentum like last year.
actually, we cannot predict the price of tokens in the market. the more new ico that appears, the more new tokens will appear in the market. I think when the market price is down like this, it would be better if we hold the coins that we have. I still believe that the price of crypto will rise again, it only takes the time.
I believe it will be able to recover, especially every coins that has a good quality. and also it has many support from the community.
Another reason would be the market volume, as long as the demand on the coin is high, there is most likely will survive.
Another reason would be the market volume, as long as the demand on the coin is high, there is most likely will survive.
Only alts with legit product & great vision will recover the vallue, maybe not recover at the ATH level but at least they can survive from this market. I hope that in the near future we will see some healthy chart & not only pump & dump things.
Not totally all the altcoins can recover their value in the market only some of them can recover if they still continue promoting their token to the community and investors they have a possibility that their token will be more valueable in the market.
Everything is possible in crypto world. You just have to keep continue and be patience in your work. You are holding limited coin. I am holding more tokens from yours. I am holding PKT more than one years but not selling as its price is so low and i know i will hit its original price. In this way every token has its roadmap. When it fulfill its full roadmap sure it will hit. Best of luck.
I think we will see some recovery at some point, but I don't think we will see the all time highs happened in January anytime soon.
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