Is this a bad time for altcoins?

[Luqman]

For me Altcoins is a transparent coin which even there's a big chances to drop it's price but more than that many of them is so promising right now..

What do you mean by 'a transparent coin'? I never heard altcoin is transparent. Each altcoin is created with a unique concept, some of them are centralized, but not sure to assume transparently or not. You also must understand that not all altcoins are promising, some are shit coins that probably make you lose money. You must be careful to buy altcoins, many scammers created altcoins to steal people's money.

[monineklutak]

Well some of projects with real usage product can be good for investment now. Yo need time to check details about project offcourse and then decide. my long hold tokens are from axis project. Dyor and decide smart. your money - your decision. So every period can be good to choose some alt to invest in before  developing finish and price go high.

However, even though the market conditions are down but there are definitely potential projects,
so we just want to try to do research and analysis or not because by doing that at least we will get more detailed information for sure,
that way we can make a good and clear decision depending on you

[coiner-88]

That is the normal thing in the crypto market, the financial backers will uphold projects that are not adequate but rather with great advertising. They couldn't care less about the devs as long as the market has been all around advertised and they can presume that there's a 'potential' and 'future' on it. I would say we should trust the genuine coins they will likewise ascend in the coming months keep confidence in it.

[marine4u]

after ico mania now we are actually living the "meme coins" era.
The worst part will come when it will end since a lot of people will remain with useless tokens emitted in billions units! I think it's not DEV fault about this, they are seeking a profit unless is really viable as product.
People are greedy to get rich quick...

It's an irony that some memes currently have a supply of more than 10 numbers. Coins named "Dog" or "INU" are creating black holes that some people barely recognize. It's just that bitcoins are too good for them to be useful, otherwise, it's useless, meaningless.
Of course I don't mean to offend or talk about doge.

[Koro-Sensei]

Most altcoins right now are undervalued. The bearishness of the market it the perfect time to bought some good alts specially those at the top 100. Just beware and be cautious because alts are more volatile than BTC. Holding for a couple of years will surely help you gain some profits

[Text]

There are a lot of really shitty and meme coins that these airdrops lovers notice more, maybe because they are cheaper than other coins that are more legitimate when viewed.  So when it is given a lot of hype, the gains also increase, but it will also be lower when the popularity is over.

[ttcsalam]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

Yes, this time was a bad time. Now the market is moving again I think it will go condition as soon as possible.Alter coin time not all time good so we have to conscious all time when you see good trend you have take the opportunity if you miss it you will lose.

[guydin]

It is so annoying, I also observe how coins of working projects are falling and I can comment on this only that marketing is a decisive thing. As when people are aware of a project, they invest in it, this raises price, as a result, people want to buy more. To my mind, meme coins are not worth investing in them, as hype can’t last forever.

On the other hand, fundamental currencies and tokens of real projects have real value, so it is more reasonable to hold them.

for now, so many coins are falling, even when there are so many new developments, and good news for the development of an altcoin, the price will still fall. it seems that people are currently relying on bitcoin. Besides, it's not just meme coin right now, but most of the altcoins are crashing too. Well, for now, I'm still holding my altcoins even when the price is falling.

We all know that this fall is because of the Bitcoin negative movement. As soon as it is a bear market and people don't want to invest in altcoins, they will be on lows. So it is a good time now to find coins that will be able to increase in the future, and I can say this about tokens with some value under them. We shouldn't care about price fluctations now, we should look for something that will cost more in the future. And it doesn't matter if they are falling now.

[ZAINmalik75]

I think this statement will be not correct every time but sometime it will be. I told you that every solid and strong Coin need great news and update for bullish . while other hand meme coin doesn't need any kind of  big news .
It can bullish with a small news or just  need some wealthy people tweet about this coin like elon musk tweet about doge

[rosebrand]

It's better to go slow and steady and at last be on top in the long run than going so fast and crashes along the line, most of this shit coins are just hypes no uses case, just hype and good marketing strategies nothing else when a little market crash comes the big investors pulls out their funds in profit and you see those shit coins falling so badly while the potential coins are the one's which are going to be in the safe zones, so for me I choose being profitable in the long run that's why I made $near my favourite altcoin.

[romero121]

Nothing as good/bad time with cryptocurrency. The market changes with time based on the demand to supply, the level of adoption, major companies participation. Whales play and so many factors. It is us to study the market in a better way and make the earnings out of it.

There are people who make an earning from crypto investment/trading unlike the bull/bear trend of the market. This isn't possible to be achieved all the time. Anyhow its a big thing and our minds need to think in such a positive note.

[coinic]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

For me Altcoins is a transparent coin which even there's a big chances to drop it's price but more than that many of them is so promising right now.. I can see the most interesting way to hold an altcoin which I truly appreciate also the greatness of an altcoin.

[Nazmul012]

Shitcoins may fly but only for short moments to catch Investors. we shoud better avoid it. If you already known about that shitcoin but afterwards if you buy it for make short profit, then of course you make a wrong step and You’ll be responsible for that. Crypto industry is like a game, if you don't have proper idea then don’t participate with it, you should only recommended to stay around safe zone barrier

[MarjorieZimmermanGinger]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

Legitimate coins have a high reputation, won't hurt in fact they are more likely to slowly rise in the market, are usually more transparent and have very real uses, which is why such coins don't disappear quickly in the market.

There are some coin memes that don't pay attention to this, so all they do is pattern profit, basically they don't pay attention to the level of trust people have in investing in the coin, it will eventually continue. labeled with bad coins and trash.

[Tash]

In the long term there is no good time for altcoins.
LemonMaker should know

[Fredomago]

Shitcoins may fly but only for short moments to catch Investors. we shoud better avoid it. If you already known about that shitcoin but afterwards if you buy it for make short profit, then of course you make a wrong step and You’ll be responsible for that. Crypto industry is like a game, if you don't have proper idea then don’t participate with it, you should only recommended to stay around safe zone barrier

But if indeed you catch the right train then it will bring decent,  if you are not greed and able to sell before any dump take place, shitcoins have no assurance if you are going to benefits.

More on high risk and ends up losing your money, best to keep sorting the market and find decent projects that have real usages and good community support. Developers who keeps updating and community that are actively following the development.

[konflikkastil]

I will go straight to answer your question before I give you my thoughts and points. The time for altcoins is now, infact altcoins Market is really doing well presently. It all depends on which of the coins you are dealing with now. We should understand something, every time us not the time to sell when you have made so much profit of the coins you have in your portfolio. There are  times to buy more whenever the price of the coin is down. When the market is deep, then you will see lot of sellers, wisdom demands you should buy at that time, cause when the price goes up. You make cool cash. And the reason why legit coins not doing well and shit and meme coins doing so well is as a result of the kind of energy the team behind such coin is putting in the project. How good is there marketing. And we're they able to bring in good investors. These are the most important things that matters a lot.

[sulendra12]

Those who buy meme coins generally do not give themselves enough information in the situation of how they actually risk.
Most people don't want to get rich slowly... that's the reason.

People that took the meme coins as their investment is probably one of us people that only joining the hype and just following what stuff are famous currently. If they see Dogecoin is popping off that day, then they just follow it on what people also do it and once they lose, they start blaming the coins instead of themselves, what a shame.

[bots1]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

If you mean the downward trend in altcoin prices, I think the trend started a few months ago and also the decline in bitcoin and altcoin prices due to china and some other countries banning cryptocurrencies. but rest assured the drop in altcoin prices is a common occurrence in the crypto market. Coins that have strong fundamentals and real utility will survive and have great potential in the future.