Will altcoins ever recover their value? - page 26.

Classica35

jr. member

Activity: 518

Merit: 3

Quote from: Scoobers on August 21, 2018, 02:15:56 PM

What's the general feeling about some of the altcoins that have dropped in value considerably such as TRON, district0x, Cardano and SiberianChervonets.
I've been HODLing these for a while hoping they will recover but their value seems to be getting even lower. With new coins being launched daily, is it likely that these will ever recover?

Some may likely recover, but not all. Their recovery will be based on some factors. Such as the development of the project that is backing the coin. So there must be regular updates on it. Otherwise, the growth might be affected and it might lead to more dump in price.

Xclusive5

full member

Activity: 672

Merit: 100

My candid opinion is that if an altcoin have a lot of potential then I don't see anything that can stop such coin from recovering back to its ICO price in the future. So, it actually depends on the potential of each altcoin in order to determine maybe it will recover or not.

royalfestus

hero member

Activity: 2464

Merit: 519

Quote from: Neovitadi on November 03, 2018, 02:49:47 PM

Quote from: Recas1930 on November 03, 2018, 02:28:34 PM

However altcoins are expected to recover once bitcoin touch around 12000dollars until then altcoins downtrend will continue altcoins holders should wait patiently for price growth.

It would be really weird if people didn't want to purchase Bitcoin if the price pumped that high. The markets should recover because of FOMO.

Some opinion believe that at the total market cap of $400b and more, traders will try to put some fund into altcoin to trade with and earn some bitcoin. $12000 will give more than $400b of the total market cap. It might probably spring up pumps and dump among altcoin while it rises gradually. However, am still struggling to understand why altcoins are so affected by bitcoin slump

Cocoincos

member

Activity: 700

Merit: 12

now I see good time for altcoin, many of old have big grow +1000% and more, and it happens very often, so for everything its own time

tepyh

member

Activity: 210

Merit: 10

why not .. everything goes exactly to this, for the last 30 years the amount of paper money is decreasing ...

tepyh

member

Activity: 210

Merit: 10

by itself ... those projects that solve actual problems will definitely return their value ...

$9million

jr. member

Activity: 140

Merit: 6

Definitely. Altcoins will recover their value although the prices are low. People are still buying the coins and holding them for profits. I still do believe in altcoins that they will recover.

OTC

member

Activity: 196

Merit: 10

Certainly. Altcoins will recover their value. It's true things didn't go on that well with the coins in the crypto market recently. However, I still do believe in altcoins that they will recover.

89shaky

member

Activity: 266

Merit: 10

Quote from: btcmi on November 03, 2018, 02:59:14 PM

Quote from: RandyMagnum on November 03, 2018, 02:40:23 PM

Quote from: Fluxtorrence9 on November 03, 2018, 02:27:24 PM

Same thing is happening with my coins too but I'm sure everything will return back to normal someday,it might take longer than expected and I'm not certain about the day but let's all hope for the best.

I don't think the faith is the only thing we have. THe knowledge is more important and i recommend to study and become more educated before bullrun.

I agree with you, faith and intuition are good, but analysis and theory have not disturbed anyone. And while the market is standing still, there is just time to learn.

There is time to learn and learn new coins. I think that we need to move on, and not dwell on coins that already have no prospects.

89shaky

member

Activity: 266

Merit: 10

Quote from: Scoobers on August 21, 2018, 02:15:56 PM

What's the general feeling about some of the altcoins that have dropped in value considerably such as TRON, district0x, Cardano and SiberianChervonets.
I've been HODLing these for a while hoping they will recover but their value seems to be getting even lower. With new coins being launched daily, is it likely that these will ever recover?

For me, these coins have already died. I was hoping to the last that Oyster Prl would recover in price. And what happened to him now? It seems to me that it is better to pay attention to new coins.

btcmi

full member

Activity: 302

Merit: 100

Quote from: RandyMagnum on November 03, 2018, 02:40:23 PM

Quote from: Fluxtorrence9 on November 03, 2018, 02:27:24 PM

Same thing is happening with my coins too but I'm sure everything will return back to normal someday,it might take longer than expected and I'm not certain about the day but let's all hope for the best.

I don't think the faith is the only thing we have. THe knowledge is more important and i recommend to study and become more educated before bullrun.

I agree with you, faith and intuition are good, but analysis and theory have not disturbed anyone. And while the market is standing still, there is just time to learn.

Wicked Sick

member

Activity: 293

Merit: 10

I think alts recovery is linked to the bear market, as you can see, almost no currency is getting close to his old ATH, that's because a lot of people stopped investing in this market, even though we are a market of many millions, we are still relatively young if we compare with other industries, so better wait and keep doing hodl.

Neovitadi

sr. member

Activity: 364

Merit: 252

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Quote from: Recas1930 on November 03, 2018, 02:28:34 PM

However altcoins are expected to recover once bitcoin touch around 12000dollars until then altcoins downtrend will continue altcoins holders should wait patiently for price growth.

It would be really weird if people didn't want to purchase Bitcoin if the price pumped that high. The markets should recover because of FOMO.

RandyMagnum

sr. member

Activity: 662

Merit: 250

Quote from: Fluxtorrence9 on November 03, 2018, 02:27:24 PM

Same thing is happening with my coins too but I'm sure everything will return back to normal someday,it might take longer than expected and I'm not certain about the day but let's all hope for the best.

I don't think the faith is the only thing we have. THe knowledge is more important and i recommend to study and become more educated before bullrun.

Recas1930

newbie

Activity: 11

Merit: 0

However altcoins are expected to recover once bitcoin touch around 12000dollars until then altcoins downtrend will continue altcoins holders should wait patiently for price growth.

Fluxtorrence9

member

Activity: 336

Merit: 12

Same thing is happening with my coins too but I'm sure everything will return back to normal someday,it might take longer than expected and I'm not certain about the day but let's all hope for the best.

Tinat1948

newbie

Activity: 10

Merit: 0

Many have already recovered it, especially coins with a product made and in development, those are the ones that usually recover faster, because in spite of the market they continue to receive constant investors and the community is very loyal to the currency.

Recas1930

newbie

Activity: 11

Merit: 0

Cardano and Tron will certainly recover, no doubt in this. Also, I think stable exchanges coins such as BNB and Huobi will bring good profit.

ganjasmokingg

member

Activity: 255

Merit: 10

Quote from: Scoobers on August 21, 2018, 02:15:56 PM

What's the general feeling about some of the altcoins that have dropped in value considerably such as TRON, district0x, Cardano and SiberianChervonets.
I've been HODLing these for a while hoping they will recover but their value seems to be getting even lower. With new coins being launched daily, is it likely that these will ever recover?

The value of some altcoins are declining however I feel the market of altcoins are showing signs of positive recovery. This year is a difficult year for the crypto market but they are showing signs of recovery and that will help the price of the altcoins soon rise again. Be calm and wait for success to come to you

Parb1969

newbie

Activity: 13

Merit: 0

But markets fluctuate, and many altcoins may experience large increases. But it will take a long time to return crypto to the highest marketcap.

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