But now BTC calmed down, so it does not make a profit. This may force investors to buy altcoins. There are many interesting assets that are easier to pump and take profits. So it was several times. And it will probably be this time.
Not yet, Bitcoin is still in correction and investors are still maintaining their bitcoin. Let's just wait until bitcoin has calmed down and investors are starting to turn to alts, at the beginning of the alt season. Calmed, I mean reduction of volatility and transition to consolidation. But it seems that BTC is starting to make volatile jumps again. This is not the best case scenario for altcoins. If this continues, the altcoins will continue to lose money. Apparently, the altseason still far.
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But now BTC calmed down, so it does not make a profit. This may force investors to buy altcoins. There are many interesting assets that are easier to pump and take profits. So it was several times. And it will probably be this time.
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Hello, all .. Today I see Bitcoin experiencing a price decline of up to $ 1,075, do you think it's now a good time to invest? please advise from Bitcoiners, thank you.
I think this post was made in a wrong section this is because you are actually discussing Bitcoin of which it should be discussed at the Bitcoin discussion section and not altcoins discussion section. As you know, altcoins depend on the dynamics of prices for BTC. When Bitcoin are in consolidation, the altcoins can start their bull game. Now BTC is in consolidation. It's time to look for good altcoins. Therefore, this topic may well be in the Altcoin section.
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*** I was exactly in this position of yours after doing a bounty for nebulaAi. A swap came along and I was unaware. Basically you have to keep your eyes on your portfolio be you an investor or bounty hunter lest you up with dust.. ***
Yes, I had the same situation. Those assets that I bought as an investor are sometimes viewed. The same assets that I received as a hunter are not tracked by me. On the one hand, we should control our assets. On the other hand, developers should not limit the time of the swap or let little time to all holders.
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They can postpone or extend something again. Therefore, I would not count on the launch of Shelley. In addition, it is just testing. Yes, it can attract new developers, partners and, accordingly, investors. But it will not be fast. Although there are many FOMO investors in crypto who will not research the fundamental data of the project ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Apart from the fact that the alt season does not look close, it does not look possible for many altcoins. And the later a large pump comes, the less altcoins will be able to rise. There is something to be sad about.
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This is another attempt to pump this coin. In the spring and summer there were already several similar topics. There were more modest numbers, about 5 or 5-10 dollars. Such huge prices may well attract only the most dimwitted newcomers. All others can only be alerted.
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Even if there is a product that is used, it does not mean that the price will increase in the near future. We need mass adoption of cryptocurrency in general and the product in question in particular. Until this happens, the increase in the price of the asset does not reflect its true value; this is just a market speculations.
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I can not believe this. It should be remembered that devs are constantly postponing development. Perhaps they always have objective reasons for this. It is also unlikely that a great market will be in 2019. I am waiting for this in 2020 or even later.
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I noticed it too. But I do not think that everything is so simple. There are many projects that continue to work with minimal coverage of their work. Perhaps they are preparing a lot of things to capture the market in more favorable conditions. Not for speculation, for real use. But for most projects, yes, we have to agree with OP.
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And there is no other choice. Panic is much worse than staying calm. Not all altcoins are same and not all altcoins owner would be profiting and not all altcoin owners has had loss against bitcoin. Most of the so called altcoins (any coin except bitcoin) are either scam, useless or are dead in advancement are only living in speculation and twitts. Investors investing on those coins won't make a profit.
I am the fool who holds useless altcoins. Only stupid hope allows me to remain calm. Someday some of this will be in demand, maybe ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .
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I think we will have an alt coin season but it will be limited to major altcoins such as ethereum XRP Waves and maybe few more. But there will be no shit coin season for sure. Shit coins are gonna die very fast.
What about medium coins? Between the top 100 and shitcoins, there are a lot of assets that will survive. This is a fairly large market share. These coins/tokens will also be pumped. But when will it be? I do not think that in 2019.
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I once became interested in this opportunity. A professional trader familiar to me dissuaded me from such an attempt. All write correctly. You can use leverage up to 1:4. But even such a lever is very dangerous for cryptocurrency, due to the high volatility.
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Of course, it could be Ethereum. Suppose that the ether is comparable in importance with BTC. In this case, I would choose one of the rather large old coins, for example, Cardano or IOTA or NEM.
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This is not just a matter of shitcoins trade. On this exchange, NovaExchange has such daily trading volumes that it is impossible to trade there.
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I looked at some of my ETH addresses. There are a lot of dead tokens. You can view the spreadsheets of any bounty. Some addresses will have many shittokens.
Probably one possibility: you can buy such assets very cheaply. Of course, if these are traded somewhere.
It is very risky. However, you can buy these assets and wait for the pumps. Those coins that will survive by the time of the next hype, can give Xs.
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In addition, in this case the number of investors is limited by the users of the exchange where the IEO takes place. If it is necessary to increase the number of investors, then the IEO should be on several exchanges or still advance, for example, in a bounty campaign.
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Personally dislike altcoin market because they are totally unpredictable. For safer risk, I'm better invest on altcoin that appear on 50 top coincapmarket.
But if you believe on some token, you can earn significant amount of profit !
Do you think bitcoin market or even stock are predictable? No, they aren't. With current of bitcoin price, i doubt you can earn multiple times from your investment, but if you are choosing altcoin as your investment, your investment will be turned more than 10times if you invested in legit altcoin It is quite possible with any altcoins. It is important that these be lively and volatile altcoins. Of course, if you want to make a long-term investment, then, of course, only legit coins are suitable. At the beginning of 2018 there were good openings to earn money on the shitcoins, which were heavily pumped. ! After the rise of BTC, it was quite predictable. I made some money at the time ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . Now I am waiting for the repetition of this scenario.
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if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?
Some theorize that when the BTC withdraws, it is when their technology is really too bad to handle multiple transactions at the same time. At that time, altcoins will be more popular and no one wants to keep the BTC anymore. But for me, that will never happen. because decentralized markets always happen 2 things, pump and dump. That is the rule and very few investors focus on technology. Therefore, the BTC cannot be killed and altcoins still cannot use the technology to get the No.1 position of the BTC. However, perhaps this is all happening. BTC market share ~ 60%. Prior to the launch of a large pump in 2017, BTC occupied 80% of the market. If this trend continues, the share of the altcoins will be greater for the next big pump. And it is likely that it will. Coins are developing, such coins as BNB are already working. This can attract investors from a fundamental point of view, and not just as speculation.
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OP offers to play the lottery? What is the meaning of these predictions? It is unlikely that anyone has objective data to see the future. Analysis can give only one answer: there is an uptrend; Correction is possible, as the uptrend lasts for several months. By this date, the price range can be very wide, for example, 7-17 K$.
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