Will altcoins ever recover their value? - page 35.

Zaidaskin

member

Activity: 308

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?

I hope you don't buy at the peak, because maybe many altcoins will find it difficult to gain momentum like last year.
But markets fluctuate, and many altcoins may experience large increases. But it will take a long time to return crypto to the highest marketcap.

Scoobers

jr. member

Activity: 78

Merit: 1

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.

davida

sr. member

Activity: 585

Merit: 250

I will say yes to this because I believe when the market recover from the fall and the bull run start, there will be high demand for altcoin and they will recover their value back and even grow higher before the end of the year but weak altcoins may likely not be able to recover their price back as much as the potential ones will.

refugiumcrypto

newbie

Activity: 28

Merit: 0

You must believe that the coins that you hold today can provide profits. Only hold the coins that you have now. I think, Cardano and TRON are good choices for investment. Don't be too sad about the market that is down now, because this is only temporary. The coin market will recover soon.

grabpopcorn536

member

Activity: 476

Merit: 12

New currencies are created daily but without investors it will die. Current Altcoin situation makes me quite headache ICO price after the current listing may be divided 5 or lower. I think it is advisable for Altcoin to recoup some of the unprofitable projects and then come up with new quality investors that could push the market up again.

noictib

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Activity: 966

Merit: 515

One of the world's leading Bitcoin-powered casinos

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?

I think yes , because if there is big dump then surely there exists equal pump , so wait for the perfect time .
Now come at the market of those altcoins which you are holding , it the price is really going down day by day then it will be more better for you to sell your altcoins for USDT until the price of the altcoin get up , after when they will get start to up then you should buy your assets 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 .
In this way you can easily manage your work of making profit with your asset , here a big thing is that you should keep patience for your holding , because if you will sell your assets at low price then surely you will only get loss .
So have patience and take steps perfectly , so that you can make better profit .

monocrypto

newbie

Activity: 23

Merit: 0

I do not know for sure whether the price of Altcoin if there are new coins will recover or not. What is clear now is that the Altcoin market is still strongly influenced by the Bitcoin market. So if there is a new coin, it won't affect the actual price.

Uyiosarugue1

newbie

Activity: 84

Merit: 0

the fall in the price of altcoins is not limited to only a few, it cuts across board, i hold strongly that they will recover eventually, the market is cyclical

anjohyx

member

Activity: 451

Merit: 10

Yes, altcoins will recover their value, but not all of them, only potential project will survive, the other will become dead coin, remember all of us also lost money, but it's just a short time and big profit coming soon , hold and profit Wink

Nagibator007

newbie

Activity: 238

Merit: 0

I think not only will it restore and grow many times more than it was originally, so we believe in a bright future of the cryptocurrency market, and I hope that it will come in the next month,and everyone will enjoy the growth and success

anilsaini.jaipur

newbie

Activity: 112

Merit: 0

The last bull run saw many altcoins going very high even though some of them did not have strong basics. But the next time bull run happens investors gonna be picky and will invest in potentially strong coins only.

alexgreen8012

newbie

Activity: 98

Merit: 0

Yes to hold is a good strategy to recover your losses but it is almost impossible for all altcoins to reach their all time high. Only potentially strong coins will gain from the next bull run.

pragna

full member

Activity: 1582

Merit: 101

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?

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.

serejandmyself

hero member

Activity: 1203

Merit: 508

Manager of looking busy #citizencosmos

Some alts will recover than others just because of the hype or microcap. I have seen one spreadsheet with potential coins that can grow faster. Let me share it with you guys, then you say if you agree with the author: https://docs.google.com/spreadsheets/d/1G-jHgnZUJMmgk4dYvFT4ztPUwNXIQSjGumSNrZjgnEU/edit?usp=drivesdk

NEERAJ ANAND

member

Activity: 686

Merit: 13

The whole market was in bears control and everything was dropping but now the market is recovering and if you hold good altcoins which have solid projects but dropped due to bad market conditions will recover very fast like their drop. This is a temporary phase and we will see a big runup before this year end.

Agrabah

newbie

Activity: 266

Merit: 0

I do not think that the emergence of new coins in the near future may affect the pricing of TRON or Cardano. Most likely everything will change. Each coin will have its time.

zhanghoqi5

newbie

Activity: 224

Merit: 0

Altcoins will eventually recover, but as demand shifts to more useful and better COINS.

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.

StephenieDuong

sr. member

Activity: 602

Merit: 250

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Altcoins will recover, but i think the price will not reach to January price. Altcoins price will grow, but grow to its true value. Whales will not try to push altcoins price now because they wont let investors cash out easily.

idioma1

newbie

Activity: 266

Merit: 0

The most important thing to keep in mind during slowdown is that it's normal for the crypto market to have negative years—it's part of the cycle.By staying calm and not making any sudden moves, you'll save yourself from becoming a bear's lunch. Like do not sell and do not buy. just be patient and wait till it will grow

Cenil

jr. member

Activity: 280

Merit: 1

not only some altcoins, but you could say almost all the coins experienced a very drastic price decline, but in my opinion there is still a possibility that the market will experience a recovery, it's just that no one knows when the recovery will occur, due to uncertainty and current market instability this is happening this is what makes it difficult to determine what will happen to the market in the future.

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