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Author Topic: Year of altcoins or down again?  (Read 4791 times)
Inkdatar
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June 07, 2018, 05:17:43 AM
 #481

We cannot think that this is year of altcoins because we can experience of down again. In crypto market there has been ups and down. So it is just normal of volatility happen.
kasterin111f
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June 07, 2018, 01:28:34 PM
 #482

I would not say so. ETH was 400, then 700, now it is 610. Up and down as usual.
Rafif000
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June 07, 2018, 01:32:46 PM
 #483

crypto is difficult to predict we do not know will rise or will go down, and can not be said this year is the year of altcoin but it is true this month altcoin experienced growth well after a drastic drop in January but there could be a decline again and in my opinion it will probably increase until the end of the year.
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June 07, 2018, 03:08:43 PM
 #484

there will nobody can easily predict the market value. therefore, regardless of the truth, some coins even bitcoins are in down price on first half years, and it will be up on the last of the year. it almost happens every year.

Every time has a moment and everything has a place. If this is not the year of altcoin you've been holding maybe somehow it would be. But not all are going down because this is normal.
Every coins has potential for growth as all investors wish for their coins for a higher price but not all coins will cross above our expectations. We don't know what is ahead and we are just doing speculation to give our self assurance that everything is good in the future.

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June 07, 2018, 03:18:28 PM
 #485

I would not say so. ETH was 400, then 700, now it is 610. Up and down as usual.
This time the up and down trend is really stable. it should not be more than $100 range and i think it will be increasing gradually in the future. I have seen the chart and it tells me about the possibility this can become a little signal for the big pump in the future, Many people are feeling fear about that but i'm not.

 
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blindminer
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June 07, 2018, 03:42:52 PM
 #486

I don't think bloodbath is over yet.In my opinion it will continue till the last part of the yaer.Then we can see reversal and bullish market.
Altcoin is so dependent on bitcoin that's why bitcoin have to break all the minor and major resistance for bullish and positive market.

I also feel that the bloodbath is not over yet, if you look at the recent months we got several uptrends that always turned out to be bull traps and the enthusiasm was premature, as long as we don‘t see a sharp increase in volume I don‘t think this is going to change soon so I would act very careful.

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June 07, 2018, 03:46:24 PM
 #487

I don't think bloodbath is over yet.In my opinion it will continue till the last part of the yaer.Then we can see reversal and bullish market.
Altcoin is so dependent on bitcoin that's why bitcoin have to break all the minor and major resistance for bullish and positive market.

I also feel that the bloodbath is not over yet, if you look at the recent months we got several uptrends that always turned out to be bull traps and the enthusiasm was premature, as long as we don‘t see a sharp increase in volume I don‘t think this is going to change soon so I would act very careful.

We'll see many bloodbaths but I think it will be a good year for alternative coins. The market fluctuates very well, so we can make big money on it. After all, it is not necessary for the market to constantly grow to earn with it Wink

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June 07, 2018, 03:50:10 PM
 #488

Dont see that btc will go up a lot this year so yeah i agree that its a good time to invest in some shitcoins,large cap altocoins will follow btc price action but small cap shitcoins that have total market cap of only few millions of $ are great way to earn some bitcoin durring the bear market period
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June 08, 2018, 03:26:01 AM
 #489

There is no distinction in the market between alts and bitcoin in my opinion, there's not year of bitcoin or year of alts. But many alts have already suffered more than 64%. Even if it rises 3 times, it will return to its original state. From that condition we just can to hope and pray, this year for alts.
Altcoins in general are not going to grow 3 times in value people need to accept this fact, yes this means that the market is not recovering as fast as we would like but that is life and this is in fact good news if you are a long term trader since many people will get very nervous when they see the price does not recover and then they will sell and you can take advantage of this situation.
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June 08, 2018, 03:50:38 AM
 #490

I don't think bloodbath is over yet.In my opinion it will continue till the last part of the yaer.Then we can see reversal and bullish market.
Altcoin is so dependent on bitcoin that's why bitcoin have to break all the minor and major resistance for bullish and positive market.

I also feel that the bloodbath is not over yet, if you look at the recent months we got several uptrends that always turned out to be bull traps and the enthusiasm was premature, as long as we don‘t see a sharp increase in volume I don‘t think this is going to change soon so I would act very careful.
There is opportunity like last year to gain lot of pump but its not easy With bitcoin's price stability the price of altcoins doesn't seems pumping a lot, because more holders were now hopeless that their coins will gain good profit. Let's be more positive in the next few months that bitcoin price will become huge in value and will profit every holders in the future.
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June 09, 2018, 04:23:32 PM
 #491

The market correction was delayed for a very long period. I think that in the end it all already recovery must begin!
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June 09, 2018, 07:16:52 PM
 #492

This year will be the year of corrections and flat. From the middle of this summer market will continue its correction. All cryptocurrencies excluding some great ICOs will drop several times till the autumn.
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June 09, 2018, 07:24:53 PM
 #493

alt ant the whole crypto market will go up by end of this year as i think !
im very proud to be an part of this technology steps.

 Grin

renault18turbo (OP)
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June 14, 2018, 05:05:33 AM
 #494

Now I can say with confidence that our expectations unfortunately did not come true. To return to the positions that were in January, it takes more than a year.
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June 14, 2018, 05:16:46 AM
 #495

Now I can say with confidence that our expectations unfortunately did not come true. To return to the positions that were in January, it takes more than a year.
The past peaking happened without any sort of time target, because people had never experienced it. Everything took place in no time, but when it comes to the present, people have started to expect big growth. Now market is not supportive, some term it a manipulation while some describe it as an corrective phase.
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June 14, 2018, 05:57:49 AM
 #496

Now I can say with confidence that our expectations unfortunately did not come true. To return to the positions that were in January, it takes more than a year.
The past peaking happened without any sort of time target, because people had never experienced it. Everything took place in no time, but when it comes to the present, people have started to expect big growth. Now market is not supportive, some term it a manipulation while some describe it as an corrective phase.
I believe this decline is due to manipulation in various exchange markets that deliberately drop the value of bitcoin in the market and impact on all existing altcoins.
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June 14, 2018, 02:46:03 PM
 #497

There is no distinction in the market between alts and bitcoin in my opinion, there's not year of bitcoin or year of alts. But many alts have already suffered more than 64%. Even if it rises 3 times, it will return to its original state. From that condition we just can to hope and pray, this year for alts.
Altcoins in general are not going to grow 3 times in value people need to accept this fact, yes this means that the market is not recovering as fast as we would like but that is life and this is in fact good news if you are a long term trader since many people will get very nervous when they see the price does not recover and then they will sell and you can take advantage of this situation.

I am afraid this assessment is correct, the times of low cap coins that were surging seems over and instead real projects with real products are seeing double digit growth. What is unfortunate for the treasure hunter is good for the market imho...it was unnatural before.

renault18turbo (OP)
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June 14, 2018, 03:21:03 PM
 #498

Now I can say with confidence that our expectations unfortunately did not come true. To return to the positions that were in January, it takes more than a year.
The past peaking happened without any sort of time target, because people had never experienced it. Everything took place in no time, but when it comes to the present, people have started to expect big growth. Now market is not supportive, some term it a manipulation while some describe it as an corrective phase.
I believe this decline is due to manipulation in various exchange markets that deliberately drop the value of bitcoin in the market and impact on all existing altcoins.
Who benefits it? After all, the price of altcoins slipped almost 10 times. It's abnormal. I hope growth will begin in the near future.
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June 14, 2018, 03:59:53 PM
 #499

The market does not have time to recover as soon as it falls. Bitcoin's domination reached 40.2 %. That's good. After 45%, bitcoin should begin to grow and all altcoins behind it.
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June 15, 2018, 07:33:52 PM
 #500

There is no distinction in the market between alts and bitcoin in my opinion, there's not year of bitcoin or year of alts. But many alts have already suffered more than 64%. Even if it rises 3 times, it will return to its original state. From that condition we just can to hope and pray, this year for alts.
Altcoins in general are not going to grow 3 times in value people need to accept this fact, yes this means that the market is not recovering as fast as we would like but that is life and this is in fact good news if you are a long term trader since many people will get very nervous when they see the price does not recover and then they will sell and you can take advantage of this situation.

I am afraid this assessment is correct, the times of low cap coins that were surging seems over and instead real projects with real products are seeing double digit growth. What is unfortunate for the treasure hunter is good for the market imho...it was unnatural before.
People need to accept that the nature of the market changes, now the market cap of the top coins is still huge despite the crash so we cannot expect any longer to see growths of 1000% or more like what we were used to see, in my opinion we are in the beginning of a more stable growth for bitcoin and the top cryptocurrencies, if you still want to get profits like we did in the past you will need to become an early adopter of a new coin.
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