Topic: Will altcoins ever recover their value? - page 2. (Read 5388 times)
there is still a chance to recover but do not know when, the market is still often up and down and conditions are still poor. You have to wait patiently until conditions improve because I'm sure the market will return to normal. high potential altcoins will benefit you in the future.
Of course, it is possible to restore them, because they primarily repel from bitcoin, so when it starts to grow, other altcoins will start to pull together!
I think I feel you mate about that even we have different currency that we are holding it is very sad for me that to see my currency instead to grow this year it still dropping his value. And I think it also because of the new currencies that are being launched this year and the coming months after the end of the year.
The alt coins recovery depends now on what they put on the table, good working project , apps , updates and exchange listings . These will give them an egde when the bull run starts. The value they can build up now is the key to their increase
I believe that by the arrival of the next bull market, all cryptocurrencies will have a lot of room for growth.
Taking a critical look at the history of crypto market, it shows altenating periods of bull and bear markets. This means that the market cannot go bear forever. Irrespective of how long it takes, Bitcoin and altcoins will certainly recover as new people begin to utilize crypto as they become familiar with its concept.
One should remember that Market is Volatile.It is unpredictable, anything could happen at any given time.the price value may goes up and goes down dependent on the behabvior of the investors in the trading market. with a lot of issues confronting the Crypto Currency Digital Transaction in the market today. it is really a very stressful if we do not understand the market movement. we all need a lot of PATIENT until we see the full recovery of Crypto market. Market often correct itself after the market glitz.
The reason why you are HODLing is you had high hopes for the alts. You got hopes for it because you know to yourself that this alts had potential and worth the wait in the future.
For me its really a yes that altcoins will recover. This whole experience in cryptocurrency is just a normal happening, this is all because of the demand and supply of cryptocurrency. If a lot of people will just hold and invest then the demand will definitely increase and in that case the prices of cryptocurrency will also increase. So lets just keep supporting digital currency.
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.
I believe the market will definitely pick up again, so I still hold my cryptocurrency and continue to wait.
Current market conditions have made almost all COINS cheaper and cheaper. I think the situation will continue for a long time, even if it's still possible to go down again.
I hope you don't buy at the peak, because maybe many altcoins will find it difficult to gain momentum like last year.
This is the 10 billion question everyone has in their mind. Has the altcoins rise all been a bubble which has now popped? Yes and now, it has been a bubble but there will be more, and bigger ones. That seems to be the normal price behavior in cryptos. Prices go up in time, with occasional retracements of up to 90-99% of their value. Give or take.
Yes, they will able to recover it's prices in market. It's just a struggle of crypto right now but there's something bigger it may happen in just a couple of months so my suggestion with you to hodl it and have a long term investment. Obviously this year has a good possibilities to fluctuates.
I believe altcoins that survive the current onslaught going on will recover their prices or most of it once another bull run sets in.
This is crrypto market and is about fluctuations ,there is no stability in the market.. We have to get used to it and know that it will certainly go up again..
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 .
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 .
Some altcoin have dropped drastically in price and may not recover easily but if the market is favourable enough, some good altcoin can still recover than we can image.
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