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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: krishnaverma on December 24, 2022, 11:29:26 AM



Title: This is how altcoins performed in 2022
Post by: krishnaverma on December 24, 2022, 11:29:26 AM
Name   Percent Change since Jan. 1st 2022
CryptoCurrency Moons   -36%
Monero   -43%
Binance Coin   -53%
Dogecoin   -56%
Litecoin   -57%
XRP   -59%
Bitcoin   -65%
Ethereum   -68%
Polygon   -68%
ChainLink   -69%
Cosmos   -72%
Shiba Inu   -75%
Vechain   -81%
Cardano   -81%
Polkadot   -83%
Hedera   -85%
Cronos   -89%
Algorand   -90%
Solana   -93%

So most of the leading coins are in red mark only. Hope next year will be better.


Title: Re: This is how altcoins performed in 2022
Post by: $crypto$ on December 24, 2022, 12:06:15 PM
2022 had a long crisis with the bearish that lasted so long it's not strange in the past it's also the same after ATH is over for sure the bearish will come and stay long in the crypto market so some coins experience high depreciation above 60% even more, for some altcoins maybe cannot be saved due to this market effect, but that is the cycle of the crypto market because it will repeat the same history.
I'm more worried about saving in altcoins, but for her not more put in bitcoin to buy under as a good opportunity than altcoins.


Title: Re: This is how altcoins performed in 2022
Post by: len01 on December 24, 2022, 01:04:52 PM
this year has had a bearish run this year in the past and there will always be deep dips in the price when the bulls leave and the market is ruled by the bears.
it's no wonder that all investors are currently competing to buy and collect their assets, from bitcoin to altcoins.
from the current price decline it's time for us to start buying and filling our wallets with some coins and of course the most important bitcoin and some altcoins that have good potential in the future when the bulls arrive.


Title: Re: This is how altcoins performed in 2022
Post by: _morghulis on December 24, 2022, 01:16:28 PM
2022 was quite unique and we even got to see so many event take place in the crypto industry, bith good and bad.

So most of the leading coins are in red mark only. Hope next year will be better.
Apparently we are hoping for the same thing, we are hoping that the market condition should be better than it was in 2022 and I do wish it comes to pass. Because so many businesses that are involved in cryptocurrency are stuck and they can't sell their holding because if they do they're are going to sell at a loss.

But I do believe that we are going to see a brighter day come 2023.


Title: Re: This is how altcoins performed in 2022
Post by: papashark on December 24, 2022, 01:56:54 PM
This is terrible if you buy from the top. I am missing the last bull run.

Name   Percent Change since Jan. 1st 2022
CryptoCurrency Moons   -36%
Monero   -43%
Binance Coin   -53%
Dogecoin   -56%
Litecoin   -57%
XRP   -59%
Bitcoin   -65%
Ethereum   -68%
Polygon   -68%
ChainLink   -69%
Cosmos   -72%
Shiba Inu   -75%
Vechain   -81%
Cardano   -81%
Polkadot   -83%
Hedera   -85%
Cronos   -89%
Algorand   -90%
Solana   -93%

So most of the leading coins are in red mark only. Hope next year will be better.



Title: Re: This is how altcoins performed in 2022
Post by: Jackl87 on December 24, 2022, 02:24:04 PM
Name   Percent Change since Jan. 1st 2022
So most of the leading coins are in red mark only. Hope next year will be better.

Wow. Of course i know that we are in a heavy bear market because obviously there was no way to miss that but looking at those raw numbers now just makes clear again how much wealth was lost in those last 12 months in the crypto market. I mean even BTC lost more than 60% of it's value. Those are just massive values. If such price swings would have happened in the traditional stock market, then we would already have another world financial crisis in the same extent as the one from the 1920's i think. Monero was holding up quite ok at the first glance but the reason for this is, that monero did not pump as much during the last bull run as the other projects.


Title: Re: This is how altcoins performed in 2022
Post by: Shamm on December 24, 2022, 02:40:42 PM
2022 is little bit bad in the world of investment it because we all know how  the price of some coins getting drop and especially Bitcoin down by 65% which is quite big for drop off, hoping next year the price will go up higher so that we  the investors gets some profit. But some investor  did not say that 2022 is a bad  for them, but they say that 2022 is the best year to buy some coins cause they believe that someday they will get a lot of profit.


Title: Re: This is how altcoins performed in 2022
Post by: wheelz1200 on December 24, 2022, 02:44:11 PM
Name   Percent Change since Jan. 1st 2022
CryptoCurrency Moons   -36%
Monero   -43%
Binance Coin   -53%
Dogecoin   -56%
Litecoin   -57%
XRP   -59%
Bitcoin   -65%
Ethereum   -68%
Polygon   -68%
ChainLink   -69%
Cosmos   -72%
Shiba Inu   -75%
Vechain   -81%
Cardano   -81%
Polkadot   -83%
Hedera   -85%
Cronos   -89%
Algorand   -90%
Solana   -93%

So most of the leading coins are in red mark only. Hope next year will be better.


Typical crypto bear market.  Was a rough year but a much needed one.  With every massive bubble this pop needs to happen.  I expect next year to be some sideways numbers, I don't expect it to continue to fall at this massive rate.  Then hopefully by 2025 or so we start going back up.


Title: Re: This is how altcoins performed in 2022
Post by: DeathAngel on December 24, 2022, 02:47:43 PM
It doesn’t look good, does it. This is not only in cryptocurrency though, the entire financial system worldwide is on it’s knees. We are in a recession no matter if the FED is willing to admit it or not. Things will get better but they may get worse first.

This is where money is mare though. You can either cry about unrealised losses or be a winner & BTFD.


Title: Re: This is how altcoins performed in 2022
Post by: Maidak on December 24, 2022, 03:03:31 PM
... But some investor  did not say that 2022 is a bad  for them, but they say that 2022 is the best year to buy some coins cause they believe that someday they will get a lot of profit.

Including me, I have been expecting this crash since 2021, after I sold most of my crypto assets. Bitcoin has always been like that, after creating ATH then a serious drop will happen, and that's when we start accumulating from the beginning. Investing means we buy low and sell high, and down season is when we buy instead of panic. Not only that, I also hope that this bear season will last longer because then more investors will panic, and they will have to sell their assets at the lowest price, and that would be a better chance.


Title: Re: This is how altcoins performed in 2022
Post by: Yatsan on December 24, 2022, 03:17:39 PM
Name   Percent Change since Jan. 1st 2022
CryptoCurrency Moons   -36%
Monero   -43%
Binance Coin   -53%
Dogecoin   -56%
Litecoin   -57%
XRP   -59%
Bitcoin   -65%
Ethereum   -68%
Polygon   -68%
ChainLink   -69%
Cosmos   -72%
Shiba Inu   -75%
Vechain   -81%
Cardano   -81%
Polkadot   -83%
Hedera   -85%
Cronos   -89%
Algorand   -90%
Solana   -93%

So most of the leading coins are in red mark only. Hope next year will be better.

If you'd break down each month, you'd definitely see more which would show how volatile the market is  From reaching its highest market price to deep market prices at the present. The market prices increased in a short period of time as well as with its downfall and we just cannot avoid such thing especially if the market price of something, perhaps cryptocurrency in this case, is solely dependent with the market demand. Many things could affect the interest of investors which would reflect to the market value. Given how many things happened in this industry for this year, it somehow answers why in a sudden the market prices are struggling at a certain point and no signs of recovery still, is obvious.


Title: Re: This is how altcoins performed in 2022
Post by: Pierre 2 on December 24, 2022, 03:34:32 PM
I am very surprised to see Monero losing less value (in percentage) than Bitcoin in this year. I know Monero never does huge leap in bull market but anyways it can prove that it has certain value/ or certain benefit attached to it. I personally loved privacy coins back in 2017-2018 era, many of them quickly gained transaction but nowadays they are rather unpopular.
By the way it looks terrible for Solana. Its so strange to see that coin dying. I hope it can survive, it may badly affect crypto markets. Sad!


Title: Re: This is how altcoins performed in 2022
Post by: TheUltraElite on December 24, 2022, 03:44:35 PM
It was buying season this year indeed and I am sure many whales have filled their bags during the panic runs from exchanges going bankrupt and some shitcoins turning out to be ponzi schemes as expected. Just that this year will full of such things happening compared to previous years, hence the prolonged bear market.

You have to treat these things as just numbers without emotions and take the decision to capitalize on the problem, otherwise you will never profit from it. Maybe next year we will see bull run happening, but if you would not be owning bitcoin at that point, you will not be able to sell and then the traders would be lamenting about it.

Some of these altcoins may never recover at all. Not trying to propagate fear, but that is what I have experienced.


Title: Re: This is how altcoins performed in 2022
Post by: Piesel on December 24, 2022, 04:32:17 PM
2022 was a hectic year I'm for cryptocurrency, as crypticurrency struggled through out the year trying to resist further price decline the resistance force of most top coins were all weakened coupled with some other external factors such as the FTX scam and the rest of it all.

But on a general and investment note, those with capital to invest had a good buy price throughout 2022 and that is something we should thank God for.


Title: Re: This is how altcoins performed in 2022
Post by: Xal0lex on December 24, 2022, 08:42:36 PM
It will be a big disappointment if the crypto market makes next year as bearish as 2022. Two bearish years in a row. I don't think this has ever happened before. 2021 was extremely saturated and overbought, 2022 washed all the crypto tourists out of the ocean called the market. What was left was the most convinced and the strongest.


Title: Re: This is how altcoins performed in 2022
Post by: jossiel on December 24, 2022, 09:01:42 PM
So most of the leading coins are in red mark only. Hope next year will be better.
And that's because we're in a bear market.

Yeah, hopefully by next year and even after the halving. Everything's going to be fine for sure and we have to be patient until we reach those days again of another bull run.

Keep the faith and keep holding, don't panic and be hopeful!


Title: Re: This is how altcoins performed in 2022
Post by: goaldigger on December 24, 2022, 09:10:34 PM
This has been one of my worst year with crypto, and that performance is a proof that bear dominates the whole year. Hoping to see at least a small progress for those top altcoins, we should see the recovery next year or else we might see another negative performance for many altcoins and even with Bitcoin. On a positive site, this could be a perfect timing to buy more good altcoins, they are still cheap right now so better to grab this opportunity.


Title: Re: This is how altcoins performed in 2022
Post by: Johnyz on December 24, 2022, 09:15:23 PM
It will be a big disappointment if the crypto market makes next year as bearish as 2022. Two bearish years in a row. I don't think this has ever happened before. 2021 was extremely saturated and overbought, 2022 washed all the crypto tourists out of the ocean called the market. What was left was the most convinced and the strongest.
Very optimistic for next year recovery, there’s no history for the second year bear trend and I hope that it wont happen next year. Recovery should begin on the early quarter and probably will rise more on the second half next year. This is why I’m so eager to increase my holdings right now because I know, next year will be a great year again for the whole crypto community and market.


Title: Re: This is how altcoins performed in 2022
Post by: JeffBrad12 on December 24, 2022, 11:40:16 PM
If bitcoin will be doing so well in the next year and most lf altcoins will be following what will be doing by bitcoin. Bitcoin was the reason why those altcoins were dumping so hard. I meant you can imagine if bitcoin will be doing 4x again to reach new ATH and im sure that altcoin gonna booming again.

The dump that happened with bitcoin was just temporary and bitcoin can even comeback anytime. I think that if the bearish market will not be so long like it would be happening for a decade.

The world needs to be recovered from so many incidents that were hurting the human. these days people are feeling worry to invest caused byt he bearish market can make them all lose their money.

The worst year for crypto will be passed soon.


Title: Re: This is how altcoins performed in 2022
Post by: samcrypto on December 24, 2022, 11:43:28 PM
This has been one of my worst year with crypto, and that performance is a proof that bear dominates the whole year. Hoping to see at least a small progress for those top altcoins, we should see the recovery next year or else we might see another negative performance for many altcoins and even with Bitcoin. On a positive site, this could be a perfect timing to buy more good altcoins, they are still cheap right now so better to grab this opportunity.
Many lose their confidence about altcoins, and that is because of many negative issues with the top project before and seeing this percentage is a proof that the market is not doing well and one of the worst bear market. The next trend will surely about bull trend because we can’t stay bear forever so its good to buy some now, and maybe next year will be the start of a small pump that can trigger bull run.


Title: Re: This is how altcoins performed in 2022
Post by: OcTradism on December 25, 2022, 01:57:47 AM
You should know that altcoins lose 99% of their all time highs in bear markets. Worse, they will completely die in bear markets and developer teams abandone their projects in bear markets too.

It is not smart to spend money in altcoins in bear markets with belief that they won't die.

If I want to invest in altcoins, I will wait for ending of bear market and a start of new bull market, so altcoins I invest in will have less risks to be death or abandoned.


Title: Re: This is how altcoins performed in 2022
Post by: Tony116 on December 25, 2022, 02:39:11 AM
You should know that altcoins lose 99% of their all time highs in bear markets. Worse, they will completely die in bear markets and developer teams abandone their projects in bear markets too.

It is not smart to spend money in altcoins in bear markets with belief that they won't die.

If I want to invest in altcoins, I will wait for ending of bear market and a start of new bull market, so altcoins I invest in will have less risks to be death or abandoned.

That's what I've always wanted to tell people, investing in altcoins during a bear market is a vast, irreparable mistake. Many people even advise buying top coins but forget that they are also altcoins, and history has said that most altcoins will die or be replaced by newer altcoins when the bull market comes. The opportunity for old altcoins to go up is too low, see examples like LTC, EOS, and BCH...they are no longer profitable for us. In a bear market, focus only on bitcoin, altcoins are only suitable for the bull season and should sell all of them when the bear season comes.


Title: Re: This is how altcoins performed in 2022
Post by: Silberman on December 25, 2022, 03:03:02 AM
This has been one of my worst year with crypto, and that performance is a proof that bear dominates the whole year. Hoping to see at least a small progress for those top altcoins, we should see the recovery next year or else we might see another negative performance for many altcoins and even with Bitcoin. On a positive site, this could be a perfect timing to buy more good altcoins, they are still cheap right now so better to grab this opportunity.
Many lose their confidence about altcoins, and that is because of many negative issues with the top project before and seeing this percentage is a proof that the market is not doing well and one of the worst bear market. The next trend will surely about bull trend because we can’t stay bear forever so its good to buy some now, and maybe next year will be the start of a small pump that can trigger bull run.
While it is true that the market will at some point get out of this bear market this is not true for every single coin out there, there are many coins which will collapse before the new bull market comes and many others will remain flat even when an altcoin season appeared, with this in mind we must be extremely careful if your goal is to buy altcoins and then obtain higher profits than what you can get with bitcoin, as it is almost impossible to know which altcoins outside the top 100 will survive and which ones will disappear.


Title: Re: This is how altcoins performed in 2022
Post by: wahyuagung26 on December 25, 2022, 05:09:55 AM
This year is the second year that bad things have happened to Cryptocurrency, in 2022 the market is experiencing a long crisis with a downward trending market, of course the Altcoin situation will be in a bad area when Bitcoin experiences a decrease in value, and this Altcoin Value will automatically follow down.
To take advantage of this bearish market situation, we should make purchases and hold/hold it until market conditions improve again.

The main coin that is highly recommended to buy is Bitcoin and it is highly recommended to be the main holding, and Altcoins that have good value potential, make Bitcoin and several Altcoins your main holding in the future.


Title: Re: This is how altcoins performed in 2022
Post by: Jating on December 26, 2022, 10:49:42 AM
This has been one of my worst year with crypto, and that performance is a proof that bear dominates the whole year. Hoping to see at least a small progress for those top altcoins, we should see the recovery next year or else we might see another negative performance for many altcoins and even with Bitcoin. On a positive site, this could be a perfect timing to buy more good altcoins, they are still cheap right now so better to grab this opportunity.
Many lose their confidence about altcoins, and that is because of many negative issues with the top project before and seeing this percentage is a proof that the market is not doing well and one of the worst bear market. The next trend will surely about bull trend because we can’t stay bear forever so its good to buy some now, and maybe next year will be the start of a small pump that can trigger bull run.
While it is true that the market will at some point get out of this bear market this is not true for every single coin out there, there are many coins which will collapse before the new bull market comes and many others will remain flat even when an altcoin season appeared, with this in mind we must be extremely careful if your goal is to buy altcoins and then obtain higher profits than what you can get with bitcoin, as it is almost impossible to know which altcoins outside the top 100 will survive and which ones will disappear.

Dead to be exact, majority of them who has enjoyed success on the bull run because investors are blindly investing on some of them because they can give x amount of returns, which it did for some because that is the bull run.

But worst comes to worst, the bear market will eliminate everything that has been used as pump and dump scheme. So yeah, majority might die, and only the best coin survived with use case and has the support and consensus of the community.


Title: Re: This is how altcoins performed in 2022
Post by: Ziskinberg on December 26, 2022, 11:19:54 AM
snipped...

That's what I've always wanted to tell people, investing in altcoins during a bear market is a vast, irreparable mistake. Many people even advise buying top coins but forget that they are also altcoins, and history has said that most altcoins will die or be replaced by newer altcoins when the bull market comes. The opportunity for old altcoins to go up is too low, see examples like LTC, EOS, and BCH...they are no longer profitable for us. In a bear market, focus only on bitcoin, altcoins are only suitable for the bull season and should sell all of them when the bear season comes.
I haven't seen any wrong with buying nor it was a big mistake. I invested in ETH and BNB till now, not a single I regret it because I believe these coins will rise in the coming days. Well, the only thing we can do is hold and stay calm. In fact, it was noted that during the bull season altcoins shows also a remarkable uptrend. So if we can manage to wait then there is no problem buying altcoins.

70% - allocated capital for Bitcoin
30% - allocated capital for altcoins
I think it was a safe investment for me.


Title: Re: This is how altcoins performed in 2022
Post by: Vickysagar on December 27, 2022, 07:46:24 AM
This year was a rough one for everyone. At least none of my coins collapsed, lol. I really hope 2023 will be better and more calm, I don't think we want to see more coins, blockchains and exchanges to fall.


Title: Re: This is how altcoins performed in 2022
Post by: MarjorieZimmermanGinger on December 27, 2022, 11:35:55 AM
I haven't seen any wrong with buying nor it was a big mistake. I invested in ETH and BNB till now, not a single I regret it because I believe these coins will rise in the coming days. Well, the only thing we can do is hold and stay calm. In fact, it was noted that during the bull season altcoins shows also a remarkable uptrend. So if we can manage to wait then there is no problem buying altcoins.
For your case I think it is more relevant, there is a determination of the amount of investment you make in bitcoin and altcoins, literally bitcoin is the best investment at the moment and puts the only best and is able to maintain the value of investment assets. In contrast to the mention of altcoins in general, because the investment potential will actually be very risky and speculative, not many altcoins are able to maintain value in the long term, my attention is actually greater for the development of Ethereum.

Quote
70% - allocated capital for Bitcoin
30% - allocated capital for altcoins
I think it was a safe investment for me.
You pick three coins as an investment now, for bitcoin it doesn't seem like we have much to discuss, because it's been tested and can hold its value. Meanwhile, Ethereum and BNB can be used as a complement to investments made in bitcoin. But to be honest I like Ethereum more than BNB, although currently stable altcoins fall into both categories. It seems to me that this is a good strategy that you are doing.


Title: Re: This is how altcoins performed in 2022
Post by: Natalim on December 27, 2022, 12:39:05 PM

So most of the leading coins are in red mark only. Hope next year will be better.

The red mark on the market chart doesn't mean that crypto is dying, in fact, the price is still high compared to before. Most of us are looking forward to having positive growth next year but also we have to help ourselves not to become excited as this bear season hasn't stopped yet. Therefore, early next year we still see the market is full of red marks. If Bitcoin will just reach at least $40k next year, it was feeling okay and many people were happy about it.
We need to extend our patience more...


Title: Re: This is how altcoins performed in 2022
Post by: danherbias07 on December 27, 2022, 12:56:52 PM
If you combine pandemic and war, that's what happens.
Economic breakdown means fewer people are investing. No demand means no surge in the price upwards.
I don't think the early month of next year can also solve it. It will take a lot of time before the investors get organized again.
It's even difficult to save right now, what more with risking your money for a future that you cannot tell. There are chances you may get rekt instead of profits or worst you get impatient and pull it out at the wrong moment.




Title: Re: This is how altcoins performed in 2022
Post by: vitya1982 on December 27, 2022, 01:08:01 PM
Well, the year was hard, I think no one can deny that. I think 2023 will be more calm and steady and we're not gonna see new ATHs and low for big coins.


Title: Re: This is how altcoins performed in 2022
Post by: iv4n on December 27, 2022, 01:16:24 PM
If you combine pandemic and war, that's what happens.
...

I guess this can be an explanation for the current bearish period, but this is not the first time we have had a similar situation. This is the 3rd time I see the entire market going down losing billions in seconds. Crypto has some cycle, and I guess we all look for reasons for all ups & downs, but I am not sure that it's so easily explainable. There's always some crisis around, and at the same time, good things happen as well... but all that doesn't reflect on the price every time.

I agree that the first months of next year will not bring much excitement. We will stay a little longer in this bearish period, with some occasional spikes, as it always goes, in both ways.


Title: Re: This is how altcoins performed in 2022
Post by: bitzizzix on December 27, 2022, 01:17:21 PM
Throughout 2022 we were all tested with the crypto market and also the occurrence of several factors that caused the crypto market to be bearish throughout 2022, including bitcoin which fell 65% from its new ATH.
but what is happening right now is a great opportunity for all of us and other investors to buy because it is a big discount which is going to be a very big advantage in the long term especially in bitcoin. And when it comes to choosing an altcoin, you have to be extra careful, especially with newer altcoins, and it is better to choose the top and oldest altcons that have good track records beforehand and are also profitable in the long term.


Title: Re: This is how altcoins performed in 2022
Post by: Psynthax on December 27, 2022, 09:52:14 PM
honestly to be fair even though they've lost so much of their valuation this year, those coins are still pretty much have higher value than in few years back, the ups and downs in these coins journey in increasing their value is honetly very normal and the value is decreasing doesn't mean it's the end for them, instead these coins could always makes come back again and again.


Title: Re: This is how altcoins performed in 2022
Post by: Kelvinid on December 27, 2022, 10:41:02 PM
honestly to be fair even though they've lost so much of their valuation this year, those coins are still pretty much have higher value than in few years back, the ups and downs in these coins journey in increasing their value is honetly very normal and the value is decreasing doesn't mean it's the end for them, instead these coins could always makes come back again and again.
Besides, the red mark that we see in the market today doesn't mean that we are losing hope to see them in gree again. We can't just simply ignore the volatility of the market and then see all of them are always in the green, a drop is inevitable and it strikes any time (sometimes it stays longer). If are a long-term holder, the drop really doesn't matter as we did not look at everyday changes because what we think is positive growth in the future.
It was indeed that in 2022 the market isn't performing well but we look forward to seeing good trends 2 years from now.


Title: Re: This is how altcoins performed in 2022
Post by: shinratensei_ on December 27, 2022, 10:50:56 PM
so much incidents regarding the collapses of the big projects like luna and the others added with economic crisis and pandemic is enough to quite literally mess up your investments in general, but then again things like this is definitely out of general investment forecasts calculation meaning no one could know if all these bad things could hit all at once, but as many have stated above this doesn't mean the end of your investments, you could just simply wait it out until the next bullrun and your investment will most likely retain and recovers back the value, after all your investments currently isn't in its normal state in which the value is definitely far higher than it is right now.


Title: Re: This is how altcoins performed in 2022
Post by: AmoreJaz on December 27, 2022, 10:56:01 PM
honestly to be fair even though they've lost so much of their valuation this year, those coins are still pretty much have higher value than in few years back, the ups and downs in these coins journey in increasing their value is honetly very normal and the value is decreasing doesn't mean it's the end for them, instead these coins could always makes come back again and again.
Besides, the red mark that we see in the market today doesn't mean that we are losing hope to see them in gree again. We can't just simply ignore the volatility of the market and then see all of them are always in the green, a drop is inevitable and it strikes any time (sometimes it stays longer). If are a long-term holder, the drop really doesn't matter as we did not look at everyday changes because what we think is positive growth in the future.
It was indeed that in 2022 the market isn't performing well but we look forward to seeing good trends 2 years from now.

that is very true. though we are seeing btc or eth losing about 60+% of its value, it doesn't mean, we are losing hope that it will recover. but for other alts, you do need to contemplate if they are really worth holding long time. because probably, most won't recover as some of their respective devs will abandon their developments. you need to be smart in selecting the coins you want to hold onto, otherwise, your would be rekt by these coins.


Title: Re: This is how altcoins performed in 2022
Post by: GreatArkansas on December 27, 2022, 11:24:57 PM
I just want to share my experience before.
My own opinion is, it doesn't mean that a particular cryptocurrency is a cheap or really huge drop from its all-time high it is good to buy.

It's already proven by Bitcoin versus other altcoins before, when the market starts to recover, Bitcoin or any other high market cap already recovering but some other altcoins are still not, or they recover but not that huge percentage compare to Bitcoin.

That's why for me, it is better to accumulate Bitcoin during bear market.


Title: Re: This is how altcoins performed in 2022
Post by: Silberman on December 29, 2022, 12:36:30 AM
While it is true that the market will at some point get out of this bear market this is not true for every single coin out there, there are many coins which will collapse before the new bull market comes and many others will remain flat even when an altcoin season appeared, with this in mind we must be extremely careful if your goal is to buy altcoins and then obtain higher profits than what you can get with bitcoin, as it is almost impossible to know which altcoins outside the top 100 will survive and which ones will disappear.

Dead to be exact, majority of them who has enjoyed success on the bull run because investors are blindly investing on some of them because they can give x amount of returns, which it did for some because that is the bull run.

But worst comes to worst, the bear market will eliminate everything that has been used as pump and dump scheme. So yeah, majority might die, and only the best coin survived with use case and has the support and consensus of the community.
There is little doubt that thousands or even tens of thousands of coins will disappear during the current bear market, however once a new bull market emerges those coins will be replaced very quickly as scammers are not going to miss the opportunity to make millions of dollars by just releasing a copy of one of the many different shitcoins they have released over the years with a different name and logo, and sadly investors will believe in them and end up being scammed once again.


Title: Re: This is how altcoins performed in 2022
Post by: Dickiy on December 29, 2022, 01:50:30 AM
Name   Percent Change since Jan. 1st 2022
CryptoCurrency Moons   -36%
Monero   -43%
Binance Coin   -53%
Dogecoin   -56%
Litecoin   -57%
XRP   -59%
Bitcoin   -65%
Ethereum   -68%
Polygon   -68%
ChainLink   -69%
Cosmos   -72%
Shiba Inu   -75%
Vechain   -81%
Cardano   -81%
Polkadot   -83%
Hedera   -85%
Cronos   -89%
Algorand   -90%
Solana   -93%

So most of the leading coins are in red mark only. Hope next year will be better.


This year's natural selection has been terrible, many large projects have collapsed and rocked cryptocurrencies, but in this way it must have happened for a brighter future, financial management must be improved from various crypto projects, and from utility, liquidation, and risk-taking was taken by the platform.
now is the right time to invest in your favourite coins, like me for example Cardano, XRP, Polygon, and Etherium I used a little of my funds to buy altcoins from the rest of the bitcoin purchases.
if you are a person who understands the opportunity, surely you will not miss it.


Title: Re: This is how altcoins performed in 2022
Post by: autumnleaf on December 29, 2022, 02:06:15 AM
Name   Percent Change since Jan. 1st 2022
CryptoCurrency Moons   -36%
Monero   -43%
Binance Coin   -53%
Dogecoin   -56%
Litecoin   -57%
XRP   -59%
Bitcoin   -65%
Ethereum   -68%
Polygon   -68%
ChainLink   -69%
Cosmos   -72%
Shiba Inu   -75%
Vechain   -81%
Cardano   -81%
Polkadot   -83%
Hedera   -85%
Cronos   -89%
Algorand   -90%
Solana   -93%

So most of the leading coins are in red mark only. Hope next year will be better.

Although it is in line with the nature of cryptocurrency, I won't deny that I was significantly impacted by the 2022 crypto performance and experienced a negative portfolio percentage since 60% of my assets are altcoins and 40% are reserved exclusively for bitcoin.


Title: Re: This is how altcoins performed in 2022
Post by: klidex on December 29, 2022, 02:28:00 PM
Name   Percent Change since Jan. 1st 2022
CryptoCurrency Moons   -36%
Monero   -43%
Binance Coin   -53%
Dogecoin   -56%
Litecoin   -57%
XRP   -59%
Bitcoin   -65%
Ethereum   -68%
Polygon   -68%
ChainLink   -69%
Cosmos   -72%
Shiba Inu   -75%
Vechain   -81%
Cardano   -81%
Polkadot   -83%
Hedera   -85%
Cronos   -89%
Algorand   -90%
Solana   -93%

So most of the leading coins are in red mark only. Hope next year will be better.

Although it is in line with the nature of cryptocurrency, I won't deny that I was significantly impacted by the 2022 crypto performance and experienced a negative portfolio percentage since 60% of my assets are altcoins and 40% are reserved exclusively for bitcoin.
You don't need to worry and be afraid of it.
Even though 2022 experienced a bear market and had a major impact on all your crypto assets, keep your faith.
Because every year the crypto market has a different phase, but you don't need to worry about the losses you experience.
I believe that someday, especially when Bitcoin is halving, the price of bitcoin will increase significantly followed by a gradual increase in altcoin prices and the crypto market will return to normal or return to the phase where the market is bull and all your losses will come back and you can even make big profits. more.