Bitcoin Forum

As the historical prices of Bitcoin spreads with interestingbdiscussions, does AltCoins also presents you with such appreciable memories?
I mean if you have ever had an Investment experience in the AltCoins industrial system in the pasts where the rate of your interest was highily commendable that even the current appreciating volume in the AltCoins markets hasn't beaten your past AltCoins historical prices before Just as when Bitcoin ATH was $69,000 at 2021 and yet even the current applauding volume of $50,000 plus hasn't beaten the past ATH yet at the current state of the bull run?

During the time of ICO's, quite a lot of people made money through altcoins, though a lot of people also lost money and were scammed, but altcoin projects were very popular at that time and people could make money from them "easily". I would not say i was one of such people who made money from that period, because i have always had interest only for Bitcoin and i have never had any regret for doing so. That "ICO" period is long gone and right now most of what we have is scam projects and pump and dump coins, people still make money from altcoins today, but the risk is very high and it is now almost like gambling.

The game has changed dramatically from the ICO phase. Back in the day, I was able to get allocations even though I'm not an institutional investor, I was still getting some allocations. These days, it's almost impossible so I only get access to tokens when they're available on the exchange. So it's either I trade them with leverage or I just buy the good old spot and hold.

But talking about price performance, it's different as well. Then it was easy to know which token launches will cook. These days, as long as they have deep pockets investors => numbers go up.

For instance: SUI, SEI and Injective all have huge unlocks coming but the token price has been going up insanely in recent times.

What you asked is all around us unless you are not conversant with the different charts of altcoins, they are all there. As Bitcoin has its great memories of success by some people and missed-out feelings by some other people, many other altcoins have theirs as well. Is it Dogecoin, Shib, Ethereum, and even the newer ones like INJ, PENDLE, BONK etc., they all started at a distant price from the level they are now and I believe that they will continue to move higher and give multiple incomes to their investors.

However, some of the mentioned coins/tokens are far from their ATH due to the huge fall witnessed by them during the general bearish season of cryptocurrency which was aggravated by inflation. While others are getting close to them gradually even as we are getting closer to the altcoin season. Nonetheless, from the level they started compared to the level they are now, the early investors will never regret committing their money to them because they would still be holding the asset in value which is several multiples of what they bought.

Sincerely speaking I can't say it went well. all my altcoin are still dead it was just unfortunate that I bought useless shitcoin hoping for the best. But I did it when I haven't known cryptocurrency and even now I have know better than before I don't still think shit/altcoin should be relied on. Because it has no potential and doesn't seems to change. Altcoin gives you joy now and makes you cry the next minute. In what I have understood so far I think altcoin is just for a short investment period not a long term investment. So back to your question on how remarkable Is my previous altcoin experience and now? I don't think if I have any good record on altcoin.

The historical pattern is that altcoins have difficulty faring well against Bitcoin. I used to invest in altcoins, until now I still have some, but they're not really doing well compared to Bitcoin. If I invested my money solely in Bitcoin, I would have profited more. But since I decided that diversifying my crypto portfolio is better, I bought some altcoins. They're also rising in prices today like Ethereum but still not as profitable if my crypto investment were concentrated on Bitcoin.

its quite different situation as mentioned by many people, right now its all about being backed by big ventures then you got good altcoin, doesn't matter if the same altcoin has been released and what I mean by the same is technology, sure back then certain altcoin could increase from literally 1 cent to hundred of dollars but thats in the past and also liqudity i don't think as plenty as of now.
i've had a good experience too investing in certain altcoin in the past but right now altcoin are also gaining high profits prominently those that server L1 and L2 these are good investment these days that each can literally grow tenfolds if not hundred folds(rare).
overall i think the current altcoin price just still resemble its past, still got some altcoin that swings hard as well as those that climbs from the very bottom into multi million trading volume 24h.

Mate, the mistake you made when you don't know much about a system does not really count because that was the period that you are regarded as a novice, there is something I understand in altcoin investment, there are strategist in the system that knows when to hit high in it, they don't just come to stay, they target a period to invest, this strategist done lose much because they don't chase after shadows which are new projects even though they will do such, first of all they will make an advanced research before making conclusion on what next to do, I don't have previous experience in altcoin because I don't dig them.

there is no big difference so i cannot grade them up to but What I am expecting now is more than what I
have in the past. and aside from that I also have added couple in the last years so there are more expectation this coming Bull market next year.
or maybe you have chosen a not so great altcoins  because if you have put money in Solana
then for sure you are thanking altcoins now.

During the last bull run, I made some profit from a few altcoins, but right now, some of those projects are dead, while others have not really surpassed their last ATH, just like Bitcoin has not yet surpassed its last ATH. For example, Dogecoin's last ATH was $0.9, while BNB's ATH was $600+, which happened in 2021, but since then till now, those coins have not archived any new ATH, and I feel it's not yet time for the price to pump; it could happen next year.

In my case it was ETH and ADA that I invested on prior bear market and we all know that they have a good run and hitting new All time high in 2021. Others could have fill their bags with a lot of altcoins that time and then sold for a big profit.

And speaking of ETH, it reaches $3k because of the news about it's Spot ETF


https://cointelegraph.com/news/ethereum-eth-price-hits-3k-for-the-first-time-since-2022

So this could be a glimpse of what is going to happen in the bull run for many altcoins.

The greatest of all altcoins is no other than Ethereum. There's no other second to Bitcoin. It's been there for a long time. And I have it because it is a solid altcoin. I've made gains of course but if only I had put what I've invested in it into Bitcoin instead, I would have made more. This is true to Solana and other altcoins as well. If you bought Solana late in 2021 or early 2022, then you're still at a loss. There might have been some altcoins that experienced a quick hype but they are not going to last.

I don't think it is relevant to talk about the altcoins that anyone invested in the past or about airdrops. Most of them were either sold when the market was in green or they would have died down. What we need to think about is the present and improve our future as many altcoins have been in existence and doing well in the market for many years. I think it would be wise to invest in those coins and find hidden gems before the actual bull market comes. Thinking about the past does not make anyone rich but always makes them regret their decisions.

I say that I got the biggest profit from altcoins even though I can't deny that I also experienced quite big losses in altcoins and it was all because there were too many scam projects, especially in the ICO trend where developers failed to implement what had been promised, including being listed on one of the major exchanges, but overall it is still in a profitable condition.
In investing in altcoins, the thing that is quite influential is when you enter the market when it is too high, the chance of losing is very big. Also, don't ever want to hold it for too long, especially when you have made a profit, it would be better to sell and never regret it because the price is still continuing to rise because in my opinion that's just coincidentally and if applied to other altcoins the results are very different.

Maybe we could just keep accumulating and hodling until the bitcoin bull run skyrockets. Then would determine the faith of the AltCoins Investors with the tendencies to double chance the previous ATH. So let's just keep next year aside and hope on that this year would bring.
It really feels awful when you hodles a Coin that doesn't enhance the potentials of appreciable volatility whereas, other crytop coins would be on increments in values while your hodling is either backwards or still.

It is true that Bitcoin has made remarkable resurgence during the past six moth, it is now trading around $52,000 which is only $15000 below its All Time High (ATH) reached in 2021. On the other hand the altscoins have not made so impressive recovery. The only note-able performance we observe is in Solana that is now trading around $110 but still considerably below of its ATH of approximately $300.

It is generally believed that prominent  altscoin will surpass their previews ATH, once  Bitcoin undergoes significant surge following the upcoming halving event.

If only scammers hadn't joined the crowd of the best projects at that time, we might still see some working projects being developed based on their roadmaps until now but they failed because they lost a massive amount of budget and supporters which helped them to continue their work. Investors back then had so many choices that they could not even choose which one was right because there were lots of scam ICOs and most of them were trash and were created to confuse investors which also led to other legit projects falling. thankfully many people also managed to land on a good one including me and we also got a decent amount of money from participating in the early sales.

That is exactly what made some good projects to die off. There where good altcoins with great features but many scam literd the internet with fake altcoin everyday making investors to be confused and they later fall for the wrong one and put the blame on all the altcoin. But I believe there are many altcoins with great potential but the scam project is sorounding them, making investors not to see them. But with time investors will understand the the difference when they might have seen some old altcoin that are gradually taking a new shape. Identifying a good altcoin is easy but greed is making people fall for shit project. Good altcoin take time to grow it takes slower time than expected. Meaning that good things take longer time to achieve. But people always like the sharp coin with massive pump. But later dump also.

I mainly focus on bitcoin but I have invested in some altcoins.

So far, I see some good potential in the altcoins I have invested. I already see some profit but I am trying to see the results if I were to hold for longer. I know altcoins are not recommended for long-term investment but I am still trying to see when to take out my money. So far, it has not yet reached the price where I would be concerned and try to sell it as soon as possible.

While diversification is a good thing, I prefer to focus on a few altcoins at a time along with bitcoin of course. I think it helps me think clearer and set my objectives and goals a little more accurately. I think too many on my mind would just confuse me and distract me.

There are multiple experiences but the best and most profitable one was with XRP, I think it was back in 2017 when I bought ripple for few cents like 10 cents or so and that's the time it went bullish and crossed $3 and I sold it for over 30x profit. But, it's the coins which I would never ever invest as they have failed their investors and also they are the most centralized coin without any supply limit hence there is no future in XRP but that's the coin which gave me one of the biggest profits.

During 2021 when bitcoin was on another massive bull run many altcoins followed just like Ethereum that about 2k or 3k for the first time and bnb was on a massive price increase, lots of people were earning from altcoins back then, altcoins became so popular back then and much investors rushed in during that period before the bear market came and much investors rushed out, 2021 came with both tears and joy. Many scam project ripped people and that same period was when staking pool was at its peak many people had bad experience during 2021 and many had good experience.

But here we are another bull run, same experience would happen, some would still get scammed but some who get lucky turn out to be successful at last.

Like we have been seeing the price of Bitcoin and altcoins doing wonderfully well in the market, we need to know how the market has been moving and what normally bring the price of Bitcoin to the bull again. It has been a wonderful era for the crypto market because this is the first time in 13 years a nitch or product would have to reach 1 trillion dollars in a few years compared to other products or companies like apple, Google and many more.

Well in my opinion or based on historical I think it would pass previous ATH if the past event will repeat like after bitcoin halving. Well we always dont see some unforeseen events. Might do or maybe not, so while market is going good maybe we should always monitor potential or side news that might affect or trigger a potential bull effect or worse a bear one.

Altcoin was popular in their whole journey. That is the reason even after so many top altcoin projects being dead or out of the market people still wanted to invest in the new project because this is the place where most of the money is being made. Bitcoin is a hedge against inflation, but altcoin is the one that motivates innovation which drives the price of the whole altcoin market. Hord of scam project will come to the market in the bull run and many people will fall for scammers trap. This is the usual behavior of the market in every bull run.

I don't know much about ICO phase but I heard it was so big that people make an interesting fortune from altcoins they invested. However, I know of Defi and with what I experienced, the growth were massive that I'm not sure if we are going to see anything like that again. I know a lot say the same thing when during the ICO and then everyone forgot and then got caught by the Defi growth but the trust of investors that loss money was much more than how I expected especially some platform like FTX that never came back to date, millions wahs down just like that.

I'm not even sure if we are going to experience anything like that again, unlike then when anyone can just launch a coin on erc20, the law enforcement are watching this time and that's why even Altcoins are not pumping yet, we have so much money in the hands of whale but people aren't just having the interest yet or maybe I'm the one who doesn't understand the dynamics of altcoins this time around.

I think I would say anyone who hasn't experienced the depressive occurances about AltCoins has been lucky and definitely hasn't invested in a long term but short term goal else I would say we have all experienced this lost of invested funds in our alcoin crytop spheres but we are still trying, bearing with the potential risks of the AltCoins that it would get stable and reliable.
We are alcoin crypto investors, let's have positively charged at this sphere.

The value of altcoins has dropped a lot investors can be successful if they choose the right currency to hold. I also had a lot of failures holding coins that turned into shitcoins. Altcoins should be thoroughly researched before evaluating them to reduce the risk of loss. Among the altcoins Eth or BNB gives the best long term results. Investors who are in a positive position in these markets are less likely to fail.

The buzz about AltCoins towards Investors emotions is been unpredictable if we must give counts of the profits and losts in our experiences of accumulating and hodling til the final edges. Many has indeed surged leaving the industry with a bankrupt while some left due to the inevitable circumstances that has caused many lost beyond recovery. Hopefully they ain't coming back to the industry again because a lesson learnt is proportional to repeat itself.
I don't know if these above listed AltCoins to be bought according to the update of Binance could be a reputable Coin maybe one could give it a trial before the moonshots of Bitcoin bull runs as the rumour speculated. https://www.google.com/url?q=https://www.nasdaq.com/articles/bitcoin-halving-moves:-3-altcoins-to-buy-before-they-become-moonshots&sa=U&ved=2ahUKEwiBtaeOw7yEAxVKV0EAHaBsBYEQFnoECAcQAg&usg=AOvVaw1RwODuEKzc_owc2p7RHp4j

This time? I don't think that they've dropped a lot and in fact, many of them are keep on giving airdrops to everyone and those joiners are happily taking their profits there.

Those altcoins that you've mentioned are part of the majority that are holding them for long term because I hold them too. And you're right about choosing altcoins, many of them should do research because it's not easy as it seems when you check them out and later on, dump comes to most of them.

In past the altcoin price was very lower but now you can see that how higher it is going as the price of bitcoin is going. In coming Bull season you will see that every altcoin is consider as safe and profitable because now we can see that market is green so altcoins also become green.

Solana is also an altcoin, Ethereum is the top altcoin which is gaining more interest and people are preferring bitcoin and Ethereum with same rate for purpose of investment. Bitcoin was 69k$ in price in the year of 2021 so wait and watch it will again attain this higher value very soon and may be more than this.

People are still making money from new projects getting launched but in the past, there used to be ICOs that were run by the projects themselves, and now there are launchpads that take care of such things, and people can stake their coins and tokens to get free coins and tokens for free and then sell them when the coin is listed and open for trading.

The only difference is that in ICOs, users used to be able to invest less money and earn more profit, and now you will need to stake a lot of money and then only you will get a reasonable reward for doing so. Profit is not always guaranteed, but most of the projects that have been launched by Binance Launchpad, I have seen that users that have staked and got free coins and tokens used to earn good profit for that.

There are many projects that have produced good coins and the potential for extraordinary increases from yesterday, yes, all of them require research which is not easy to research. but if you are really sure, look for an altcoin with great potential that still exists. now market and bitcoin support is great for new altcoins The best investment is only bitcoin and coins that have a large ranking

Op you have to edit your thread for some minor errors spelling and the price of bitcoin as of 2021. As of then it was $69+k and not $6,900. And if you were active in the section of the forum, you would have seen altcoins are constantly moving with bitcoin. Coins like Ethereum, Solana, Dogecoin and even Eloncoin which is new to the system has grown very well. Yes Solana coin is one of the good example of the previous price and present price. Solana had hit $300 and now it is running $150 and below.

As wished to know about the crytop move and what brings about the bitcoin market bull run
✓ The crpto market moves according to the dimensions of bitcoins volatility and because bitcoin is the topmost leading cryptocurrencies which its increase or decrease in values potentials is affected and also determines the values of other cryptocurrencies known for AltCoins.

✓ The bull run of bitcoin is triggered as a result of negotiations power of demands and supplies meaning a motion when crypto is being attracted to more of investors to the crypto markets and then there is a congested of investors longing to buy the bitcoins and by so, the either the demanding investors to buy or the total volume of bitcoin these investors are in request of becomes more than the total accumulated crypto coins set in sell. Then conditionally the market price increases due to the overweighted buying competitions compared to the less number of coins on sell. So as the Demands increase so also the price increases.
This is the subject to what brings about the moves of the Bitcoin bull run @Bushdark.

                                 https://i.ibb.co/xg292hQ/Screenshot-20240226-023522-1.jpg (https://ibb.co/2MFVFqB)
Here is the crytop market chart

                                https://i.ibb.co/syzWy4Q/Screenshot-20240226-023629-1.jpg (https://ibb.co/yW74WC5)
And here is how the current bitcoin market chart price volume is determined by the value of the AltCoins

Do you feel grieved over your past experiences while in this AltCoins crytop industry? Well I don't think it is worth abolishing. When you talk about improving the future, it is as an exercise of your past experiences that would give you those hints so you could as well Invest in those coins and figure out those hidden gems actualize your expectations. So, you're past despite how awful it may be is worth talking about. Hence it is a discussion for acknowledgements.

Edit done. Thanks for being so observant lingering to the correct perspective side of my view. Funny enough I haven't in this forum for too long as based on your thought but though I have been using the coin market cap to hover over the values of crytop coins those periods and it was indeed appreciating just as bitcoin was and as bitcoin regains its value to bypass the last ATH I'm sure the above potential AltCoins would also be increase in values.

What think about altcoin is that you should look for the right coin to invest anything other than that might leads you for total waste of resources, yes I have lost in altcoin before but not something a an should remember at all times because whenever you tried to remember those things it quickly breaks you down because wouldn't want to focused anymore or even put pressure on your altcoin journey. I still advocate for bitcoin investment because one may hardly lose his entire assets in altcoin but with bitcoin there is every possibility to recover your lost funds since in every 4 years circles the market always takes new shape by recreating itself to another market target than the previous, therefore with bitcoin investment you wouldn't focused much on your lost either.

There will be some differences in rates for the altcoins that I own.
It will depend on each typical altcoin itself. Indeed, there are those who hope that it will actually exceed the previous ATH and could even be bigger. Such coins are like altcoins: ETH, BNB, and also Matic. I hope they can really at least 2x last season's ATH

Meanwhile, there are also altcoins which have not risen significantly. Personally, I have several alists, although I still hope to be drastically bullish, but looking at the conditions, I'm honestly a bit pessimistic. These are clinics such as XRP, TRX, ADA, and also XLM. The brand will probably reach ATH, but only slightly past it.

Meanwhile, there are also altcoins that I don't have much hope for because many investors are starting to abandon them and in fact the prices are falling day by day.

There are definitely situations where it would be quite difficult to see the difference between a good altcoin and a bad altcoin sometimes, or even a good one can turn into a bad one (it is unlikely for a bad one to turn into a good one) this is why I think it should be important to notice the difference. All of this usually causes a lot of troubles and we can't really end up making anything different if you invest into something bad, we can't really see that slight difference sometimes.

Obviously, there are big name ones and that's the most important thing that we can invest into, we have a lot of high investments that we can do, which would be possible to make money from it but the lower rank we go, the higher it is to see the difference.