Bitcoin Forum

Come across this research online:

https://woobull.com/the-two-types-of-altcoins-an-investors-view/

Hes saying theres only 2 types of Alts:


- Oscillators

- Degenerators


Okay, how do you filter these on Coinmarketcap or on Coingecko?

Whats your take on this ignoring the yearly bull trends like De-Fi, ICO's, STO's, NFT's etc?


Finally the best time to sell a non-trending Altcoin is when Bitcoin market dominance at its low, best easy indicator?

personally i can't understand about both kind of altcoins mate, even i read the article in your post above
i hope you will give a simple explanations about two types of alts above buddy
thanks

This is unofficial categorization, so you will not find such terms on traker platforms. I also find this classification questionable and not entirely understood

Bitcoin will play the oscillator role.Most of altcoin price was depend on the pump and dump of bitcoin price.Some coin will be exception one.It won't depend on the bitcoin price and Ethereum price at any point.They are based on project individuals.

It seem that these two term are indicator that often appear in trading and investing in term of determining price trend when to buy and sell.

All crypto trader seem to be able to apply these two valuation indicator to the asset they are trading. It is not limited to which crypto you will trade, because you can analyze all type of crypto using this indicator. If I have to say, then pick the top 10-20 coin as the best asset for investment. The most recommended is bitcoin.

This is only a temporary sensation and will end once everyone realizes that many of these projects ended in fraud, failure and no progress.

Often when the bitcoin price trend reverses or goes down, almost all altcoin get hit and go down too. This happen almost every time the trend change. You can determine when to sell your altcoin when bitcoin seem overbought, as this will be an indicator of a change in the direction of the price trend.

Remember, this is not trading advice but you should do your research and judgment before making a decision that will positively impact your portfolio.

One thing that's common about this altcoins sometimes, it's either

• First they are hype as a promising projects either to replace ethereum and Disrupt the crypto industry but you will be supprise how they dump instantly the moment they are listed on exchange, it can happen on any exchange including binance. They have shit coins on that exchange too
• sometimes, early investors pump the this token to build a strong buy order book and then sell on the noobs. The next is, the noob becomes depressed in lost and look for the nearest person to sell to, and that's how the loop continues until the project tokens or coin becomes worthless.
• That article was created  ln 2019 but do you know that many DeFi projects belong to oscillators. Check out DeFi market, you will be shock how they have drop drastically from euphoria stage.

I didn’t make any effort to know these two since all I know is Altcoins in general and the shitcoins of course, this is my type of altcoins anyway. The best time to sell no trending altcoin is when you have the time to do so because those tokens has no future at all, and what ever the trend of bitcoin is they’ll still not grow so dumped that shitcoin and start buying a good one.

Interesting hypothesis, but I don't find it accurate for "oscillators". For example, you can extend the chart and find ETH, LTC, and other legit coins, and it doesn't look like "oscillators." For shitcoins, we can call it "degenerators" or "rekt to the oblivion" or whatever.

Nice definition, but here's my own version of two types of altcoin. First is the True Altcoins and the Sh*tcoins (I may consider this as Degenerators as well). True Altcoins are those coins that shows resilience; it is well-known, got a real application and has a good price or at least maintain to be a good tradable asset throughout the years. While on the other hand is the rest of coins. Especially the product of ICO back on those days where after getting hyped, they are dump once and for all. No investors are willing to invest again thus its price remain stagnant at the bottom and slowly forgotten by everyone ;D.

Oscillators and Degenerators, what is this?? This is my first time to hear about terms like this. YES, there only 2 types of altcoin from my own view and investor's view of course, Fail altcoins(shitcoin, scamcoin) and success altcoins(legit altcoins, top altcoins).

I think we should use familiar terms, so everyone can understand it well

If using the categorized function of Coinmarketcap type websites helps the investors to make a right decision, then it is good to go. I hate to overcomplicate the process, so let everyone decide which option is proper for him. The other options are not good due to the masked market performance of different altcoins, teams can do shady things nowadays. The Coingecko should use a special bot for cleaning the real volume from the wash trading volume, otherwise, the volume on the new exchange can surpass the Binance or even Bitstamp.

Oscillators
Degenerators

you cant filter these terms in both coingecko and CMC because nobody is using these words in crypto, you can see its published recently.
My take is that its a common scene because its a tech it would keep on developing and older coins/tokens would be forgotten by the better coins/tokens

Terrible quick pump and dump categorization I think because obviously from his perspective I think he basically just look at their gain or what he is going to get as Xs and then move out or hold some Thats my thinking for only useless categories fit his list I mean come on think of others before doing this mate

After I read that article, I understood a little about Oscillators and Degenerators. oscillators are coins that have an opportunity to bull in the future, or it can be said to have a trend cycle. The coins that are included in the oscillators are ethereum, Litecoin, Monero, and other old coins, even Doge is also included in the category of oscillators coins. This type of coin is suitable for long term investment. Unlike the oscillators, degenerators on the contrary, the coins can only be increased once. This type of coin usually only has instant popularity and disappears after the price starts to fall. degenerators are a type of coin that averaged from a new project.

in that article they ignore the terms Protocol coins, Utility tokens, Security tokens, or Non-fungible tokens. they don't care about this category.

I think just differentiating coins with 2 categories can make it easier for us to determine an investment plan. so we can more easily determine short or long just by looking at the charts of the last few months or years.

Degerators are altcoins have values decreasing with time.
Oscillators are altcoins have values repeat rise cycle with time but it does not mean they have increase in values.

The cycle can be in quarter, half of a year, yearly or whatsoever. It is an excellent article from woobull. Thanks.

This is the first time I have heard of these two term in crypto trading. I think this article is quite good and useful but it is a bit difficult to filter it on Coinmarketcap or Coingecko. However trading is a very risky activity but in general I think diversification is very useful for maximizing profit.

If grouped it will be like this.
1. Oscillators = Bitcoin and other potential asset
2. Degerators = Shitcoin and all of asset not developed.

This is informative. Sometimes investors can fall into the wrong side of a degenerator. Which usually holds you down and you keep hoping for a return. Oscillator are good to hold accordingly. Just the normal trading strategy. Never buy a coin you can hold or be patient with to regain its price value.

i think it is mostly playing with words. there is only one type of altcoins that investors care about and that is a pumping altcoin, everything else is jut pointless noise.
if we look at history, whenever people are so into a certain altcoin that has always meant that the said altcoin has been pumping well. evident from the top altcoins and the short lived hyped up trends such as ICO, DEFI,...

If I understood correctly, this is a general concept of the relation between altcoins performance and the market. As some altcoins can keep up with the market flow while several of it fails. In searching for an oscillator, you need to make an extensive analysis to identify which is investment-worthy. For now, it is difficult to determine which altcoin will survive the unpredictable market. Such indicators will help if you have fully analyzed the market flow since then. Regardless, it is good to learn something new about altcoins.

Have read through the article and have not being able to have a clear understanding of what it mean by two altcoins and in what basis there are thousands of altcoins in the market and to say we only have two is a kind of confusing statement.

Ok to make it easier for readers to understand this thread:

- Oscillators = Altcoins charts history that look similar to bitcoin chart history (Multiple bull & bear market cycles).

- Degenerators = Shitcoins (Just 1 bull market pump to triangle shape peak to forever downtrend dump kiss of death bear market cycle with no chance of another bull market cycle in the future) = $0


When searching for altcoins on Coinmarketcap or Coingecko then how you search/filter out shitcoins? Whats the best tried & tested rules of selecting a good altcoin, is it any coin within the top 100 rankings out of 10000 altcoins out there on the market?

Obviously there will be yearly fashion trends like De-Fi, ICO's, STO's that will go out of fashion obviously.

yes, this is right, because only a good and solid altcoins project will have a similiar chart to bitcoin
but not with shitcoins, thats mean there is two kind of altcoins in simple words real altcoins and shitcoins

Okay how I search for these real true altcoins on coinmarketcap or on coingecko without the tedious long process of comparing each alt chart to btc and eth charts?

So only a handful out 6000 altcoins are worth the investment.

Whats the minimum marketcap of a altcoin is recommended? Top 100?

What if a altcoin is a degenerator but maintained its top 100 position in the last few years from the last bull run in from early 2018?