Will the price of Altcoin be good in 2020? - page 5.

BigBos

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Quote from: Slow death on January 07, 2020, 11:32:06 AM

Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

I see a lot of news channels talking about altcoins. Maybe I'm wrong so if I am wrong correct me. I will give an example of one altcoin:

ETH - USDT = $140

A few weeks ago the price dropped to $130 and is currently at $140

ETH - BTC = 0.0179 BTC

3 weeks ago the price was at 0.019 BTC

Altcoins are increasing in price relative to the dollar because bitcoin price is increasing, but altcoins are not increasing in price relative to bitcoin

actually it's around 0.0187 bitcoin for 1 eth. Well, I'm also somewhat aware of this. the price of ethereum in the form of bitcoin is reduced, while the price of the dollar is increasing. honestly, I want to sell the ethereum that I have for bitcoin, it's just that the development of ethereum 2.0 makes me hold it. however, this is not just about etheruem, but I believe that 80% of the price of an altcoin is based on ethereum prices.
so, for now, we need to pay attention to the market before arguing that altcoin will really pump.

adjed

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I have high hopes for this year and even though I have been disillusioned by most of the alts in the market right now, I still believe that this year would be a very good year for genuine Altcoins, we might be seeing a repeat of 2017 price increase and it all hinges on the bullrun, once it comes, everything would start increasing in price, I know this because I experienced the 2017 bullrun firsthand and it was awesome, worldwide adoption would likely be coming this year and I know that the bullrun would be coming along with it.

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Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

I think most altcoin will also benefit the uptrend in cryptocurrency prices. With the expected bullish market of BTC due to the expected halving in May, ethereum will also have its share as it is also to upgrade is reward system in proof-of-staking. This development will, I think, carry also some of the top altcoins in the market.

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Quote from: Slow death on January 07, 2020, 11:32:06 AM

Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

I see a lot of news channels talking about altcoins. Maybe I'm wrong so if I am wrong correct me. I will give an example of one altcoin:

ETH - USDT = $140

A few weeks ago the price dropped to $130 and is currently at $140

ETH - BTC = 0.0179 BTC

3 weeks ago the price was at 0.019 BTC

Altcoins are increasing in price relative to the dollar because bitcoin price is increasing, but altcoins are not increasing in price relative to bitcoin

In other words, you want to say that the price of Bitcoin increases faster than the prices of Altcoins, or in even more other words that Bitcoin strengthens its position relative to Altcoins.

The relationship between the price of Bitcoin and Altcoins has always been. However, the question is about the Altcoins themselves and in my opinion just because Bitcoin's position is getting stronger, the situation of Altcoins will also improve.

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Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

2020 is still very early and no one knows how the altcoin price movements in 2020, but we will all know that when halving bitcoin occurs, altcoin will usually be affected, altcoin prices will certainly increase because there will be many transactions between various places of exchange that will used by professional traders to arbitrate and take advantage of price differences between places of exchange.

Slow death

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Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

I see a lot of news channels talking about altcoins. Maybe I'm wrong so if I am wrong correct me. I will give an example of one altcoin:

ETH - USDT = $140

A few weeks ago the price dropped to $130 and is currently at $140

ETH - BTC = 0.0179 BTC

3 weeks ago the price was at 0.019 BTC

Altcoins are increasing in price relative to the dollar because bitcoin price is increasing, but altcoins are not increasing in price relative to bitcoin

Vishnu.Reang

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The initial signs are not looking good for the altcoins. We had a major bull run, with the exchange rates rising by 15% in one week. However, the Bitcoin dominance has remained more or less constant at 68%-69% range. I have a feeling that this situation is not very viable for the alts. They need to break out of the dominance from Bitcoin. Else sooner or later, they will get eaten up by BTC.

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if it doesn't rise high, then there won't be a big increase either. there are so many big issues in the world today, for example bitcoin and etherum that are predicted to make a big shake in the market. then the economic issue will be a crisis if a world war does occur, already alarming with evidence that gold prices are now rising. but that doesn't have an effect on bitcoin, because the prices of bitcoin and altcoin are still not rising up or going down inside. what I understand from these events and predictions is, basically the crypto is really not related to the state of the world economy and this could actually be a turning point of the economic crisis.

2020 will be a turning point for crypto, whether to the moon or not, the most important change and a big increase will begin in 2020.

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Quote from: HabiebRiziq on January 07, 2020, 10:46:29 AM

Quote from: Palider on January 07, 2020, 09:18:24 AM

Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

This is possible to happen especially when bitcoin price increase, because bitcoin bull run will have effect in altcoins especially those reputable altcoins, Like ethereum, litecoin and many more. So the chances that we can recover our losses before are high. That's why while we have time to buy cheap now lets take this because this is advantage to us.

If we observe that it is true that when the price of bitcoin rises, the price of altcoin will also slowly increase following it and all of us who are in cryptocurrency certainly expect that this can happen, where the price of bitcoin rises and we can make profits this year to cover losses which we got before. And it is true that you say that when prices are cheap is the right time to buy a few coins that have the opportunity.

bitcoin price movements can indeed have an impact on altcoin price movements too, but it will indeed be slower on altcoin movements. so we have to wait for price movements on bitcoin first after that I am pretty sure that altcoin will follow its growth gradually.

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Quote from: Palider on January 07, 2020, 09:18:24 AM

Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

This is possible to happen especially when bitcoin price increase, because bitcoin bull run will have effect in altcoins especially those reputable altcoins, Like ethereum, litecoin and many more. So the chances that we can recover our losses before are high. That's why while we have time to buy cheap now lets take this because this is advantage to us.

If we observe that it is true that when the price of bitcoin rises, the price of altcoin will also slowly increase following it and all of us who are in cryptocurrency certainly expect that this can happen, where the price of bitcoin rises and we can make profits this year to cover losses which we got before. And it is true that you say that when prices are cheap is the right time to buy a few coins that have the opportunity.

Thomas-s

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anything is possible in this market. in order to be ready for this, you need to constantly analyze what is happening on the market. especially you should always carefully watch the news that is happening within the project that you have in your investment portfolio. if you forget about it then you will lose your money.

But I hope and believe that 2020 year will be very profitable for all of us!

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Quote from: BlackFor3st on January 07, 2020, 08:43:13 AM

Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

Yes it is very possible and note that the altcoin prices are starting to move upward together with bitcoin. There are plenty of things that we should look forward this 2020 and hopefully we can see a bull this year so we can finally leave the bear market.

As I saw the coinmarketcap price today most of the graphs are pointing upward and I am very excited what will happen in the following months if this will continue.

I just hope the market can see a big improvement in the near future as the value of some coins is still falling and this is a disappointment to many investors. In fact, only Bitcoin and the top 10 coins make me feel safe because these are pretty safe options when investing in the long term and don't take too long to wait.

However, in any investment, you need to have a new investment strategy and always consider carefully before making a decision.

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Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

2020 is a very good year for all of the crypto world so altcoins also included in crypto world. You can see from now when the price of bitcoin increases then all altcoins also increase in value. This process will continue the whole year and with that the traders will start trade and then boosted rallies will be started in altcoins one after another which will possibly bring the altcoin season again.

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Quote from: Reatim on January 07, 2020, 09:38:06 AM

Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

you should use 2018 as reference if you are talking about the significant prices of altcoins because market has almost established in 2019(though it only took us month to taste the growth)

but for sure we will have good fortune in 2020,not unless this War of Middle east and USA will break all the market movement and bring the prices fall to knees.

This is a point that must be considered, where we must reflect on events that make the market fall, optimism about altcoin rising is necessary, and now I already feel altcoin has improved. His best hope is that this positive trend can continue and be better than the previous year.

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Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

There is always such a possibility. Hopefully, the expected innovations for this year will trigger bitcoin and bitcoin will trigger altcoins. In fact, we can already see the green colors on the market. Top altcoins increased by almost 5%, which we have not seen in the last months. Anyway, I cannot say for sure about the increase, but it is more likely than last year.

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Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

It's possible provided that these altcoins are not going to the shitcoin category, the coin should have usage and has community support and investors are buying it, this is the only reason altcoins will go up and will accompany Bitcoin on its growth, but I doubt it's first quarter of this year may be on the 3th and the 4th.

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Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

Sure this will be possible, but not all altcoins will go up like in 2017. IMO, only a few altcoins that are highly regarded and are performing well in 2018-2019 will increase. All other altcoins will never grow again because they are useless altcoins and do not have any products. In 2020, there will certainly be more altcoins dying, so be careful about your investment options

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Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

you should use 2018 as reference if you are talking about the significant prices of altcoins because market has almost established in 2019(though it only took us month to taste the growth)

but for sure we will have good fortune in 2020,not unless this War of Middle east and USA will break all the market movement and bring the prices fall to knees.

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Quote from: aliijaz12560 on January 07, 2020, 03:18:12 AM

In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?

You could say that the year 2019 is a year that is not so profitable for the holders of altcoin and many of them choose to keep holding coins. And for 2020 we certainly expect that there will be good news about altcoin which then makes altcoin prices rise and for me personally this year there will be good news about altcoin which will then drive up altcoin prices.

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Quote from: d3nz on January 07, 2020, 09:10:40 AM

There is a high chance that only bitcoin could take as high and the altcoins could go down sincr a lot investor wouo be probably sdll their token/coine just to accumulate bitcoin since it would be much profitable and practical when in comes of profit. And that's the reason some of the altcoins before really in dip and much lower after the bitcoin pumps up and same scenario will happen this year but since the halving is near then it would different.

That's the reason Bitcoin is much profitable than altcoin. Accumulating of bitcoin is a must since the price is going high now.

Even I will only invest in the mean time in bitcoin, and might only do a bit of trading in some alt but not for holding too long. There just too much expectations in bitcoin that can hype bitcoin since halving will happen soon too, but we still need to be updated on what news may come out in alts so we still don't miss any chance to buy since market is changing every time.

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