Topic: Will altcoins ever recover their value? - page 8. (Read 5399 times)
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.
For some coins that would be a YES, and for some other could be NO, that will totally depends on the coin itself.
The more the coins has a support then the more the chance of that coins to rise, and also the more of the demand of that coin will makes it goes to the moon.
The more the coins has a support then the more the chance of that coins to rise, and also the more of the demand of that coin will makes it goes to the moon.
I believe this if the altcoin will recover its value, of course this requires patience to wait for it, of course to be able to recover requires a short time but we must remain confident that it will run normally in the future
Having confidence in the crypto market because the market price is only temporary in the development of Bitcoin and the Altcoins. They will come back and restore value so you do not panic instead please be patient and wait more.
Many of them never will and many altcoins have died this year. However, I think the next time there's a bull run many alts will reach previous highs and perhaps go higher.
Altcoin will recover sooner or later, coins that have the potential will move faster. before the value increases, you better hold and survive, because you will lose if you let go when the condition is bad. patient and continue to think positively, the market is currently in the process of raising value and in the following year the market will surge.
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.
But remember the effect aof a new coin will try attract the demand from the old coin move to the new coin. That was giving a little impact to the altcoin's price. It will recover but alt coin needs a lot of time to do that because that was pegged with bitcoin dude. As far as i know that will recover when the price of bitcoin will recover too.indeed the new coin will be very interesting. many investors move from old coins to new coins, but as we know. new coins cannot last long, new coins only last a few months even some of them are only a few weeks. so i think most investors are interested in new coins because new coins provide quick benefits. after making a profit from new coins, they will return to invest in old coins.
regarding price recovery, it's true as you say. if the price of bitcoin recovers then the price of other altcoins will also recover. but it all takes time.
Have heard of only TRON and CARDANO. The price of altcoins are actually more unstable than bitcoin. Specifically the coins that are not actually very well known or are not trending. Right now, we can see that the price of bitcoin along with other altcoins are actually going up. Keep your fingers crossed and keep holding your coins. We might see another huge and long bull run coming soon.
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'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?
Of course, potential token will always recover no matter what happen. If this project has a great start it means it can recover even in the worst time. Development of the project will means a lot in order to get the project recover.
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 .
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.
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, I agree with you. Many altcoins already now show huge growth, for example, IOTA Chain has pumped up tp 150% from its bottom, after Bithumb listing news.
Actually according to my point of view i cannot tell it for sure as a consequence of this current market condition. But you have above mentioned some good coins like TRON. As i am in belief of the market cycle one day market will recover. So then thos good coin's value will grow steadily. Therefore it is good to hodle those good coins.
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.
I think that now there are promising altcoyins with great potential, which you can buy right now. I hope that they will start to grow in price.
I think the main strength of crypto is community growth, which is currently far less than the altcoin growth ratio. So maybe this is the factor that makes the market more difficult. But this is not the first time, because in the past even altcoins like Ethereum took a long time to grow up. So I think some of the right coins will get a turn in the future, even though they won't return at the highest price.
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
But markets fluctuate, and many altcoins may experience large increases. But it will take a long time to return crypto to the highest marketcap.
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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