altcoin growth too slow?

[aji567]

that is clearly seen, because altcoin relies on bitcoin price movements. if altcoin is growing fast, then it's questionable. because bitcoin goes up fast, altcoin goes up slowly. altcoin rises fast there must be a cause or there is good news and technological development.

[1714250179]

1714250179

[cryptoloverlife]

Although Altcoin is experiencing slow growth, we should also be able to think more positively. We can see that with the rising price of Bitcoin, so Altcoin is also experiencing growth, although it runs slowly. This situation will, of course, be different from the year 2017 because in that year the price of Altcoin rises very fast as it follows the rapid increase in Bitcoin prices.

In 2017, the altcoin has increased their prices along with the Bitcoin price. Now, the altcoin prices are kept going down once the price of Bitcoin is increasing. The growth of altcoin market is very slow, which it will take some time for the recovery and it is completely different from 2017.

[EcoGEM_Club]

Although Altcoin is experiencing slow growth, we should also be able to think more positively. We can see that with the rising price of Bitcoin, so Altcoin is also experiencing growth, although it runs slowly. This situation will, of course, be different from the year 2017 because in that year the price of Altcoin rises very fast as it follows the rapid increase in Bitcoin prices.

In 2017, the altcoin has increased their prices along with the Bitcoin price. Now, the altcoin prices are kept going down once the price of Bitcoin is increasing. The growth of altcoin market is very slow, which it will take some time for the recovery and it is completely different from 2017.

The "recovery" U're talking about is close. Pls see the price prediction: https://www.tradingview.com/chart/XRPUSD/b03hUVK6-XRP-USD-Prediction-for-2020-2023/

[sempak]

Altcoin is currently the majority can not provide much benefit for investors because the price movement is still not so large. in contrast to bitcoin at the beginning of the year until now has experienced a significant increase. some of the top altcoins that I invested haven't increased so much and this is unfortunate when the moment of bitcoin goes up

[anks]

just take a look at the index. nearly every coin is down below zero.
this has nothing to do with the alts itself. the main reason is still that btc manipulates the altcoin price.

when the btc drop gets even harder, alts will also fall very hard. they are already blindly sold after the rise of btc but it can get much worse.
but this is also an opportunity to get very cheap alts. you just have to be fast when it surprisely drops otherwise other people will take your order away

the main reason is that people have enough being a playing ball of btc so they get directly to btc.
there are many good and bad projects in the altcoin market. the big problem is that indicators dont matter when btc pull alts how it wants,
but there are still opportunitys

[Lampohtapek]

Slowly but surely, that is a picture that is suitable to be linked with altcoin, very different from the development of bitcoin that has changed significantly, therefore we must look at the positive side only, that with affordable altcoin prices many investors are investing altcoin

[suryapro]

After seeing the market developments that occur today, we all see that Altcoin is indeed experiencing a situation that is less good. and only Altcoin has good value that can still flourish and grow well at the moment.

[victoria444]

Yeah, some altcoins are growing slowly but the exchanges which they're listed in has a huge say in its price, wash trading exchanges tend to trade these altcoins and since they will loose money trading it up, they trade it down, in line with bitcoin movement; Bibox is very notorious of this; https://www.slideshare.net/BenardKeshmia/wash-trading-exchanges-harming-the-industry-bibox-another-culprit

[_ZeD_]

I think in this situation and the holiday season plays a big role. The developers have relaxed and will begin to work in full force only in the fall.

[tondenga2122]

Although Altcoin is experiencing slow growth, we should also be able to think more positively. We can see that with the rising price of Bitcoin, so Altcoin is also experiencing growth, although it runs slowly. This situation will, of course, be different from the year 2017 because in that year the price of Altcoin rises very fast as it follows the rapid increase in Bitcoin prices.

Yeah, maybe the growth of the altcoin is slow. But their volume is increasing day by day.
And I think this time is not the alt season, but it doesn't mean we are not buying it. But with this decreasing altcoin value, instead, we should start stocking altcoin at a low price so that later after some time the value will increase

[HodlerKing101]

When it comes to altcoins, you really have to have patience. Altcoins are like startups in where you're supporting an idea to become a reality, and understand what's in store for you as an investor when you look at their roadmap. There are promising coins that are making efforts by listing on big exchanges like Binance and establish real partnerships instead of just false verbal promises. Those are the kinds of coins that we need to make the future of crypto space a success.

[anks]

this day is a good example i am warning you all about. just take a look and see what happened. its even worser than i thought.
btc doesnt put alt only down investors are also panicking and pulling it more down than it already is.
slow growth big panicking at below zero. thats not a fundament for a positive growth.

but folks a big bang is also a new beginning. cashing in then is like sitting in the front seats of the new train.

[mandor]

Although Altcoin is experiencing slow growth, we should also be able to think more positively. We can see that with the rising price of Bitcoin, so Altcoin is also experiencing growth, although it runs slowly. This situation will, of course, be different from the year 2017 because in that year the price of Altcoin rises very fast as it follows the rapid increase in Bitcoin prices.

Yeah, maybe the growth of the altcoin is slow. But their volume is increasing day by day.
And I think this time is not the alt season, but it doesn't mean we are not buying it. But with this decreasing altcoin value, instead, we should start stocking altcoin at a low price so that later after some time the value will increase

this season Altcoin is very suffering because the value of all coins on the market is very low and only Bitcoin has increased, maybe some people just buy Altcoin for long-term investment and the rest switch to Bitcoin. I do not know whether next year the fate of Altcoin will continue like this? hopefully not, I'm sure next year is the year of Altcoin.

[Bezobraznike]

When it comes to altcoins, you really have to have patience. Altcoins are like startups in where you're supporting an idea to become a reality, and understand what's in store for you as an investor when you look at their roadmap. There are promising coins that are making efforts by listing on big exchanges like Binance and establish real partnerships instead of just false verbal promises. Those are the kinds of coins that we need to make the future of crypto space a success.

   I can`t agree more with you. Everything you said is true, starting from patience. Most of the projects are only start-ups, most of them don`t have working product, they just have ideas
and big dreams. There are promising projects that work hard, with real potential. As investors it`s on us to recognize them and invest in them.
   Many people made a choice to believe in huge promises that turned to be false. Now they are accusing entire crypto-space for their wrong judgement.

[tonyvo2017]

alts will also have to go through many price adjustments. Its price will drop sharply, probably close to the lowest price of the year.
Therefore, we should mentally prepare for this bad event. Keep lots of USDT and prepare for the next dump.

[bitcoinposts]

when btc itself is in slow growth we cant expect altcoins to grow fast we should wait and see how the market reacts to news and then take positions on altcoins

[Farma]

in fact, so far, when bitcoin prices have risen, altcoin has not experienced a quick recovery, and when bitcoin prices have fallen, altcoin has fallen steeply. this proves that the price of altcoin is quite slow to recover this year.

Until now, I am still holding back some altcoins that I think have potential. it's just that, I started thinking that I would convert it to bitcoin when I had the chance to. but, I will try to hold it until the end of the year.

[calandra78]

when btc itself is in slow growth we cant expect altcoins to grow fast we should wait and see how the market reacts to news and then take positions on altcoins

only a few altcoins can grow, it's also based on the ability of self-made updates. like BNB and other altcoins that start their own pumps without being affected by the market situation and the state of bitcoin. when altcoin should be able to create like that more it will create a better altcoin market.

[anks]

in fact, so far, when bitcoin prices have risen, altcoin has not experienced a quick recovery, and when bitcoin prices have fallen, altcoin has fallen steeply. this proves that the price of altcoin is quite slow to recover this year.

Until now, I am still holding back some altcoins that I think have potential. it's just that, I started thinking that I would convert it to bitcoin when I had the chance to. but, I will try to hold it until the end of the year.

finally someone who understands except the word recover. its the opposite. its not a recover, its already a blind sellout.
be smart people and see reality in the eyes. this price development is not a good sign at all.

go at worldcoinindex.com and see the growth of btc now its like 1,61 percent. many alts are not at the same level or above it. most are below that level
the price in sats has fallen even if there is a green rate above zero percent. the price in sats stays only the same or gets bigger when its also at 1,61 percent or above that rate. otherwise the price in sats get lower. you cant blame it on the projects, there are also many good projects.
the alt market is mostly controlled by the emotions of btc price influence.

remember that drop yesterday? it was like -6 percent. many alts fell even more below that rate.
slow "growth" big fall = price in sats always gets lower even if btc rises. its not win win its loose loose.

be careful people.

[stadus]

when btc itself is in slow growth we cant expect altcoins to grow fast we should wait and see how the market reacts to news and then take positions on altcoins

only a few altcoins can grow, it's also based on the ability of self-made updates. like BNB and other altcoins that start their own pumps without being affected by the market situation and the state of bitcoin. when altcoin should be able to create like that more it will create a better altcoin market.

BNB is expected to rise because people uses the exchange on a daily basis, other projects have different platform that takes time to develop or with less exposure in the market.

The old altcoin market is a better market, it was able to bring down the dominant rate of BTC because people trust them along wit bitcoin of course, but now, it's quite different because the last time (last bull run) they were overvalued, lots of investors bought at peak and was disappointed with the long correction happen in 2018 and until now maybe, so it takes time for investors to trust altcoins market in general again.