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Author Topic: altcoin growth too slow?  (Read 11741 times)
Barbut
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November 01, 2019, 07:40:49 PM
 #381

Patience is key... When bitcoin price roars to a certain point the altcoins will follow  Wink Wink

People don't have patience! Not all the people, but many don`t possess patience. Crypto is not a get rich quick scheme, even thou it can be if you invest a lot of money in a good moment and get out with the first rise, but for us small people hard work and patience is the only key for success.

Crypto people are be affected by the crypto ponzi scheme in 2017 because many people got rich very quickly because of it.
But at the early of 2018 many people got trapped and everybody experienced big losses.
This year crypto is rebuilding it's reputation and rihgt now price looks good and come back slowly and i think it's good for crypto healthy environtment

It's not a Ponzi scheme from 2017, it was a current growth of crypto-currencies. It was just a spike in the charts and like all spikes, it has to have one side that goes up and other that goes down, the higher the spike is the rise and fall are greater. New spike is coming, and it's close, I can feel it. And it will not be the last spike we will see in the cryptomarket, many more will happen in next 10-20 years.



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Rainbot
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November 02, 2019, 01:54:03 AM
 #382

The market is very unpredictable so we don't know when will the altcoins will rise again just like bitcoin whose price just got pumps up and i think there are more support of bitcoin that's why the price jump to $9k+.

We can still take advantage of the market and wait for the altcoin to go up but it will take time so we need to have a patience for that to happen again.
Patience is not what you need what you need is knowledge, what you need is to know how to trade the markets, altcoins are not moving and they are not producing any profits, there is no point on holding altcoins now and this is even more true when bitcoin has been generating profits for months and it is even possible the price will go up once again at the end of the year, the moment to invest in altcoins will come but until then stay away from them.
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November 02, 2019, 12:04:02 PM
 #383

It is true that at this time altcoin growth is too slow, it can be seen from the market that the average price increase of altcoins is very small.
Like not moving, even though bitcoin has gone up quite high. Such conditions are enough to stress me because it's difficult trade when market
conditions are like this. And also always have to be careful because of volatility altcoins too very high, it could be the price of altcoins at any
time dropped dramatically. So from that we must have a good strategy related to this. But don't worry too much because I'm still optimistic
that the alt season in 2020 will be happens, from now on it is better to collect altcoins that are seen as potentially rising in the future.
And have you ever thought about why altcoins are growing so slowly right now? If you have thought about this, you will understand the reason and we can hardly complain about the development of altcoin because the reason for this slow growth comes from bitcoin, Bitcoin continues to have strong adjustments and booms over a long period of time, altcoins can only decline or stand still for bitcoin to go ahead. Besides, we are also part of the reason when the fear is too much and we have lost the confidence to invest in altcoins after a long time of collapse.
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November 02, 2019, 12:12:59 PM
 #384

This is true, and sometimes situations like this make me bored, and can't think anymore. But I return again that the value of Crypto is very difficult to predict, so I still have hope there is Altcoin that I hold the value can jump up to x100 or x1000 so that I can get huge profits. And this is not impossible, because Cryptocurrency is really volatile.

I think we are too greedy if investing in crypto and aiming for 1000x profits is a short time.
I know there are some of altcoins that made 1000x profits from it's ICO price, but it's so rare and almost impossible in this current year. Crypto is becoming mainstream and we can only get a coin that will make 1000x profits is when crypto is not mainstream like 5 years ago.
A coins that has 10x profits from it's private sale price is profitable enough right now due to many scam projects lately
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November 04, 2019, 12:55:29 AM
 #385

The market is very unpredictable so we don't know when will the altcoins will rise again just like bitcoin whose price just got pumps up and i think there are more support of bitcoin that's why the price jump to $9k+.

We can still take advantage of the market and wait for the altcoin to go up but it will take time so we need to have a patience for that to happen again.
Patience is not what you need what you need is knowledge, what you need is to know how to trade the markets, altcoins are not moving and they are not producing any profits, there is no point on holding altcoins now and this is even more true when bitcoin has been generating profits for months and it is even possible the price will go up once again at the end of the year, the moment to invest in altcoins will come but until then stay away from them.
Altcoins are often considered as the monetization tool of many investors and do not care much about the growth of the market so this time we should only focus on profit. I don't know when the altcoin season will appear but hope that it will happen in 2020 because this is a year that is a lot of people waiting and the probability of success will be greater.

In fact this year will be a catastrophic year for altcoin because it is possible that 70% of altcoins will be wiped out of this market. I believe that if you are considering investing in old coins then be more careful as people tend to prefer investing in new coins more.
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November 04, 2019, 01:20:34 AM
 #386

Altcoin market was struggling for one big reason. There are too many altcoins which people can buy and trade but very few that have a potential in the future and this alts was not been getting popularity because of slow movement in price. That's the reality and every new alts in the market was a pump and dump the tendency the altcoins keeps growing but the odds or the good projects was left behind in terms of price. In addition, the bear market was a big downfall of disappointment or dissatisfaction for most of the investors in the past. Altcoin market needs new money flow when bitcoin market starts to be alive once again.
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November 04, 2019, 02:57:25 AM
Last edit: November 04, 2019, 07:42:49 AM by Pelunize12
 #387

last year ago was altseason, and now it isnt altseason. if you campare them, it would be totally different for all
on altseason, many coins can grow up easily even 2-10x is easy too. but it wouldnt happen this time
you can see the marketcap is so low on altcoin, most of marketcap is on bitcoin with ratio 67:33

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November 06, 2019, 12:18:22 AM
 #388

Altcoin market was struggling for one big reason. There are too many altcoins which people can buy and trade but very few that have a potential in the future and this alts was not been getting popularity because of slow movement in price. That's the reality and every new alts in the market was a pump and dump the tendency the altcoins keeps growing but the odds or the good projects was left behind in terms of price. In addition, the bear market was a big downfall of disappointment or dissatisfaction for most of the investors in the past. Altcoin market needs new money flow when bitcoin market starts to be alive once again.
Not to mention that in order to see an altcoin season we need new investors to come to the market and invest in those coins, but new investors seem to only be interested in bitcoin since they can see what has happened to the altcoin market and they are not interested in putting their money in a bunch of coins that may disappear in a matter of months, so if we want to see an altcoin season then most altcoins need clean their act and begin to show they can achieve something and stop being just a way to speculate with your money.
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November 06, 2019, 02:08:24 AM
 #389

Altcoin market was struggling for one big reason. There are too many altcoins which people can buy and trade but very few that have a potential in the future and this alts was not been getting popularity because of slow movement in price. That's the reality and every new alts in the market was a pump and dump the tendency the altcoins keeps growing but the odds or the good projects was left behind in terms of price. In addition, the bear market was a big downfall of disappointment or dissatisfaction for most of the investors in the past. Altcoin market needs new money flow when bitcoin market starts to be alive once again.
I agree with you . Current market needs a lot of new investment so that the other coins have a chance to grow more next year. In fact, the bear market has a huge influence on people investments so be extra careful during this time period because risk can happen at any time. I am quite worried about the downtrend of this market but cannot do anything else so the best option is long-term investment and patiently waiting for the altcoin season.

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