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Title: Alts will find their own course? Post by: ijeb on April 27, 2021, 09:24:42 PM What do you think will happen to Alts in the next BTC bear run? Are they going to follow BTC road to his next 200 days lowest point (around $32471) or with the money flow pumping in a lot of cryptocurrency based companies will they keep growing and moving forward?
All the questions because there is a clear decrease in BTC dominance falling below 50% and in the near past some Alts like ETH or even DOT have shown a normal growth. Also some important people in the crypto world like CZ are talking about the same subject saying that there is no reason for some coins to lose more than 40% in value. A bursting growth is yet to come for well established DAPPs. So, do any Alt have the potential to avoid the crippling fall and why? Title: Re: Alts will find their own course? Post by: shinratensei_ on April 27, 2021, 09:58:45 PM What do you think will happen to Alts in the next BTC bear run? Are they going to follow BTC road to his next 200 days lowest point (around $32471) or with the money flow pumping in a lot of cryptocurrency based companies will they keep growing and moving forward? Altcoins will definitely follow the bitcoin bearish trend. The question is how can you sure if bitcoin will go to the 200 days lowest point again? The market is starting to get the trust again after some good news that already released. The dominance of bitcoin was getting eaten by altcoins. If you are old crypto user and you would have ever seen ripple was taking bitcoin's place. altcoin is increasing gradually and this will be eating the bitcoin dominance at the same time. Title: Re: Alts will find their own course? Post by: OZmaster on April 27, 2021, 10:12:09 PM What do you think will happen to Alts in the next BTC bear run? Are they going to follow BTC road to his next 200 days lowest point (around $32471) or with the money flow pumping in a lot of cryptocurrency based companies will they keep growing and moving forward? Altcoins will definitely follow the bitcoin bearish trend. The question is how can you sure if bitcoin will go to the 200 days lowest point again? The market is starting to get the trust again after some good news that already released. The dominance of bitcoin was getting eaten by altcoins. If you are old crypto user and you would have ever seen ripple was taking bitcoin's place. altcoin is increasing gradually and this will be eating the bitcoin dominance at the same time. There may be a handful that will follow its own path, but overall most alts will follow Bitcoin. There is no way around it. It is also because investors want to exit during a downtrend. They change their alts into Bitcoin and then sell. That takes money out of alts and out of Bitcoin. Title: Re: Alts will find their own course? Post by: Argoo on April 29, 2021, 02:12:35 PM What do you think will happen to Alts in the next BTC bear run? Are they going to follow BTC road to his next 200 days lowest point (around $32471) or with the money flow pumping in a lot of cryptocurrency based companies will they keep growing and moving forward? The price dominance of bitcoin in the cryptocurrency market is still large, so in general, when bitcoin falls, the rest of the altcoins will follow. However, even if you look at the situation in today's market, you can see that the price of bitcoin is now practically standing still or even falling slightly, and ethereum has already exceeded its price record and reaches a price of $ 2800. The top BNB and XRP coins are also doing well. Concurrently, Bitcoin's dominance fell to 48.3 percent, while ethereum rose to 15.3 percent. The situation on the cryptocurrency market will constantly change and it is quite possible that some altcoins will move away from the dominance of bitcoin.All the questions because there is a clear decrease in BTC dominance falling below 50% and in the near past some Alts like ETH or even DOT have shown a normal growth. Also some important people in the crypto world like CZ are talking about the same subject saying that there is no reason for some coins to lose more than 40% in value. A bursting growth is yet to come for well established DAPPs. So, do any Alt have the potential to avoid the crippling fall and why? Title: Re: Alts will find their own course? Post by: X-ray on April 29, 2021, 03:43:34 PM Altcoin will actually follow bitcoin. When bitcoin enter the bearish trend and the whole of crypto market will be doing the same. The bitcoin will create a new floor and i don't even expect each bitcoin will be going even lower than 40k. It's quite impossible to happen. Some altcoins are having chance go avoid the fall caused by a good news, development, product release or something else. Altcoin must have strong fundamental to survive from the bitcoin dump Title: Re: Alts will find their own course? Post by: blockman on April 29, 2021, 03:48:42 PM What do you think will happen to Alts in the next BTC bear run? Are they going to follow BTC road to his next 200 days lowest point (around $32471) or with the money flow pumping in a lot of cryptocurrency based companies will they keep growing and moving forward? Beware of the words of popular people in crypto, you should have your own trust, belief, and verification on the market based on your own analysis.All the questions because there is a clear decrease in BTC dominance falling below 50% and in the near past some Alts like ETH or even DOT have shown a normal growth. Also some important people in the crypto world like CZ are talking about the same subject saying that there is no reason for some coins to lose more than 40% in value. A bursting growth is yet to come for well established DAPPs. So, do any Alt have the potential to avoid the crippling fall and why? If we're going to have it compared with the past bear market, then obviously that most of the altcoins will also be along with bitcoin on that bear market. But I also believe that there will be some few altcoins that will have its own highlight by that time and will experience ATH which they didn't happen to see on this bull run. Title: Re: Alts will find their own course? Post by: 20kevin20 on April 29, 2021, 04:05:55 PM Alts have tried to find their own course every single BTC cycle, yet they failed tremendously every single time. They'll keep on following BTC - these pumps are only temporary and usually end up in the cripple of the entire market.
I was here back in 2017 and I remember the alt hype. It was insane, and it did convince me to move some of my funds to alts as well. It only took a few weeks for the entire insanity to stop and make an U-turn tho, and when it did, I did not only lose USD value out of my portfolio. Bitcoin pumped like crazy and I lost both in USD and BTC pairs. At the end of the day, most alts are still useless P&D schemes. Title: Re: Alts will find their own course? Post by: rahmathidayat93 on April 29, 2021, 04:25:34 PM There may be a handful that will follow its own path, but overall most alts will follow Bitcoin. There is no way around it. It is also because investors want to exit during a downtrend. They change their alts into Bitcoin and then sell. That takes money out of alts and out of Bitcoin. Yes, Bitcoin is always followed by people in general, because it is the basic benchmark for profit even though at certain times some people convert it into Altcoin, but it also won't last long because in the end they will change it back to Bitcoin.Title: Re: Alts will find their own course? Post by: Impala8_ on April 29, 2021, 04:32:46 PM DeFi will find they way for sure
https://coinmarketcap.com/currencies/peakdefi/ PEAK defi Title: Re: Alts will find their own course? Post by: oemar bakrie on April 30, 2021, 05:17:53 PM from my observations there is a possibility and has its own way of maintaining a rapidly expanding exchange rate ..
of the hundreds of tokens other than bitcoin and have different concepts due to market competition that will maintain alts on crypto exchanges.. Title: Re: Alts will find their own course? Post by: Valak on April 30, 2021, 05:53:54 PM What do you think will happen to Alts in the next BTC bear run? Are they going to follow BTC road to his next 200 days lowest point (around $32471) or with the money flow pumping in a lot of cryptocurrency based companies will they keep growing and moving forward? All the questions because there is a clear decrease in BTC dominance falling below 50% and in the near past some Alts like ETH or even DOT have shown a normal growth. Also some important people in the crypto world like CZ are talking about the same subject saying that there is no reason for some coins to lose more than 40% in value. A bursting growth is yet to come for well established DAPPs. So, do any Alt have the potential to avoid the crippling fall and why? As far as my experience in cryptocurrency goes, no coin will hold up well if the price of Bitcoin drops. Because Bitcoin is the king of crypto. Although the growth of DAPP has not been significant, they are still following in Bitcoin's footsteps. Where Bitcoin goes is that's where Alt is located. Title: Re: Alts will find their own course? Post by: gaston castano on April 30, 2021, 06:17:43 PM maybe in the next bear market, altcoin will also experience a very deep decline like the last bear yesterday, because the average asset holder does not change or the same person and also the market movement will remain the same and repeat as before.
Title: Re: Alts will find their own course? Post by: serjent05 on April 30, 2021, 06:17:55 PM I was here back in 2017 and I remember the alt hype. It was insane, and it did convince me to move some of my funds to alts as well. It only took a few weeks for the entire insanity to stop and make an U-turn tho, and when it did, I did not only lose USD value out of my portfolio. Bitcoin pumped like crazy and I lost both in USD and BTC pairs. At the end of the day, most alts are still useless P&D schemes. I experience the same thing so I am 100% agree with what you said that most alts are still useless and P&D schemes, one good example is the newly listed token on Binance Smart Chain. But if we only have patience I think we shouldn't have lost that huge amount since some of the altcoin that was once reached their ATH last 2017 - 2018 altcoin craze is slowly gaining their value. Title: Re: Alts will find their own course? Post by: Cappex on April 30, 2021, 07:52:25 PM What do you think will happen to Alts in the next BTC bear run? Are they going to follow BTC road to his next 200 days lowest point (around $32471) or with the money flow pumping in a lot of cryptocurrency based companies will they keep growing and moving forward? All the questions because there is a clear decrease in BTC dominance falling below 50% and in the near past some Alts like ETH or even DOT have shown a normal growth. Also some important people in the crypto world like CZ are talking about the same subject saying that there is no reason for some coins to lose more than 40% in value. A bursting growth is yet to come for well established DAPPs. So, do any Alt have the potential to avoid the crippling fall and why? I think this bull run is different from the previous ones, much more organic and new investors have spent a lot of money accumulating bitcoins for long-term investments ... they will not sell at the first signs of a fall because they are professionals and have focused on longer timelines . My conclusion is that everything will rise to stay at new highs. Title: Re: Alts will find their own course? Post by: OZmaster on May 03, 2021, 03:22:30 PM What do you think will happen to Alts in the next BTC bear run? Are they going to follow BTC road to his next 200 days lowest point (around $32471) or with the money flow pumping in a lot of cryptocurrency based companies will they keep growing and moving forward? All the questions because there is a clear decrease in BTC dominance falling below 50% and in the near past some Alts like ETH or even DOT have shown a normal growth. Also some important people in the crypto world like CZ are talking about the same subject saying that there is no reason for some coins to lose more than 40% in value. A bursting growth is yet to come for well established DAPPs. So, do any Alt have the potential to avoid the crippling fall and why? As far as my experience in cryptocurrency goes, no coin will hold up well if the price of Bitcoin drops. Because Bitcoin is the king of crypto. Although the growth of DAPP has not been significant, they are still following in Bitcoin's footsteps. Where Bitcoin goes is that's where Alt is located. It is not because Bitcoin is the king of crypto, it is because Bitcoin reflects the largest interest group in the space and if they out of a sudden decide to leave for a reason that sends strong signals to all other communities as well. Bitcoin goes down and everybody says oh my god what's happening? Title: Re: Alts will find their own course? Post by: totaleclipseofthebank on May 03, 2021, 04:04:24 PM If you cant take the risk, you should not participant in investing. Even though bitcoin and other cryptos can gain huge increase recently, they are still vulnerable. In order to avoid any cripling fall, you can either take profit when it reaches your target or hold for a extra long term.
Title: Re: Alts will find their own course? Post by: rahmathidayat93 on May 03, 2021, 04:44:09 PM from my observations there is a possibility and has its own way of maintaining a rapidly expanding exchange rate .. Yes, and in general the ones that will be able to survive are Altcoins that are already popular because the new Altcoins will not be able to fight the old Altcoins that are already very strong in potential and also the community, if there are only a small part of the hundreds of Altcoins that have been bornof the hundreds of tokens other than bitcoin and have different concepts due to market competition that will maintain alts on crypto exchanges.. Title: Re: Alts will find their own course? Post by: Sindicatout on May 13, 2021, 11:41:23 AM What do you think will happen to Alts in the next BTC bear run? Are they going to follow BTC road to his next 200 days lowest point (around $32471) or with the money flow pumping in a lot of cryptocurrency based companies will they keep growing and moving forward? Almost all coins follow bitcoin. After yesterday's fall, I liked how the CRV feels. I've been holding it for about a month now and I don't sell it even when the market is down. On the contrary, it is growing a littleAll the questions because there is a clear decrease in BTC dominance falling below 50% and in the near past some Alts like ETH or even DOT have shown a normal growth. Also some important people in the crypto world like CZ are talking about the same subject saying that there is no reason for some coins to lose more than 40% in value. A bursting growth is yet to come for well established DAPPs. So, do any Alt have the potential to avoid the crippling fall and why? |