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Author Topic: People are losing confident and interest in altcoins  (Read 10383 times)
thenextking (OP)
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June 21, 2019, 04:13:57 AM
 #1

Do you think it ever going to be recovered and if you think, yes, then how long?
akamit
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June 21, 2019, 04:23:50 AM
 #2

Do you think it ever going to be recovered and if you think, yes, then how long?
There is no specific answer for "how long" it may take.
The only thing to be considered is to stay calm as much as possible and most importantly patience is the only hope.

I remember in 2017-2018 during the last bull run, every alt investor was under panic (I was a bit too) and reacted the same as now.

If you are already in loss, then I don't see any advantage to sale in loss and exit... In my opinion, the best thing to do is to wait for a good day. Rest on you, the "decision" you need to take. Good Luck!
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June 21, 2019, 04:52:10 AM
 #3

Just because of you're losing your faith on altcoins doesn't mean that other people are the same. Infact, market showed many positive signs. I saw a lot of 30-50% pumps in the last few weeks when bitcoin recovered from $7000 to $8000. No one can tell you how long it's gonna take. It's just whether you can keep your patient or not. If you buy your alts when bitcoin was at $19k, I think it'll be long.
thenextking (OP)
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June 21, 2019, 04:58:36 AM
 #4

Just because of you're losing your faith on altcoins doesn't mean that other people are the same. Infact, market showed many positive signs. I saw a lot of 30-50% pumps in the last few weeks when bitcoin recovered from $7000 to $8000. No one can tell you how long it's gonna take. It's just whether you can keep your patient or not. If you buy your alts when bitcoin was at $19k, I think it'll be long.

Beside self pump binance coin I don't see any worthy known coin that's pump 30-50%. I must of missed something.
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June 21, 2019, 04:58:52 AM
 #5

Do you think it ever going to be recovered
Check the market and conclude the situation now. The market has already recovered and don't look at the past all time high but look at the all time lows.
if you think, yes, then how long?
No one has the exact or estimated time on how long this recovery shall happen. And if your eyes are still on altcoins, evaluate your portfolio and start to think what's the most valuable and get rid off worthless alts.

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June 21, 2019, 05:17:52 AM
 #6

Yes, people have lost interest in altcoins because of the ICO scams of 2017.

It sucks because it affects legitimate cryptocurrencies as well.

People put this wall up and it's hard to get to them even though your tech is solid and the coin economics is great.

I don't blame them though, if I were scammed in 2017, I would be hesitant to buy into new coins as well.

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June 21, 2019, 05:34:24 AM
 #7

No one knows when altcoins will start surging like bitcoin and it might take longer than expected but I'm sure that altcoins season will return ,if bitcoin can make it back to 19k or more I'm sure altcoins will start surging in price

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June 21, 2019, 06:04:30 AM
 #8

Do you think it ever going to be recovered and if you think, yes, then how long?

I think to be sure, we need to see an ATH of bitcoin and I'll expect that price of altcoins would go crazy.
The market is still full of manipulation, we cannot stop the old trend to come again, as there is a FOMO, there's a lot of chance more unexperience investors investing aggressively in the market again, hype are all over and whales can pump the price so the project looks promising.

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Chika08
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June 21, 2019, 06:08:34 AM
 #9

Do you think it ever going to be recovered and if you think, yes, then how long?
lie big lie, you are the one losing faith in altcoins and not the people. Many altcoins are doing well and I have an altcoin that experienced quite a good growth recently so you see this your problem and not the people.
krisnajsadrak
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June 21, 2019, 06:13:51 AM
 #10

Do you think it ever going to be recovered and if you think, yes, then how long?

what kind of altcoins in your bag buddy?
because as i knew, now ethereum almost touch $300 price level, and thats really good result for this altcoins
and another great altcoins project already rising its value too,, thats mean altcoins still have a lot of chance to recover and touch the past high price,,
just increase your patience buddy

joseyphil82
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June 21, 2019, 07:04:04 AM
 #11

Altcoins are not surging in value just as I expected ,back in 2017 when the bullrun starts its takes longer before altcoins start seeing huge gains ,not until January 2018 so let's all chill and have patient ,the days we've all been waiting for my be around the corner already

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June 21, 2019, 07:12:28 AM
 #12

I can say that this trend is definitely there. There are some altcoins in my portfolio, I think, like most here. But to say that at least one of them has just shot this way so that I would be pleased, then there is no such thing.

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June 21, 2019, 07:14:54 AM
 #13

Bitcoin is at the highest level since new year, while other altcoins are sleeping or they are falling. This could confirm your idea that people are loosing their patient in altcoin and are switching into Bitcoin.  Smiley

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June 21, 2019, 07:22:26 AM
 #14

I do not have any other options rather than believing that the market will recover itself and reach at the peak giving a cheer across the face of many people who have been suffering a big loss. As cryptocurrency is highly volatile, we cannot say for sure when the market goes up and down. It may reach its peak of 2017 when bitcoin sat at a peak of $20000, and give solace to the sufferers.

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June 21, 2019, 11:25:24 AM
 #15

Do you think it ever going to be recovered and if you think, yes, then how long?


I can't deny the fact that it makes me worried when I think about FB's coin entering the crypto space. Based on my research, all those P2p or any related digital payments will  likely to be obsolete because Libra coin is here to throw them out from the competition. But I'm still begging the market to make one final bull run that is huge so I still can get out and make the best profit before my nightmares from Libra come into life.
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June 21, 2019, 11:31:13 AM
 #16

The loss of trust must have a cause and effect, and now I'm sure everyone has started to trust the altcoin because I see many altcoins on the market have risen in price, especially in bitcoins whose price increases are very fast today visit several crypto markets.

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June 21, 2019, 11:36:12 AM
 #17

Which altcoins? Judging from the overall market capitalisation of the altcoins there's no significant data that says so much money escaping from the altcoins capital circulation, even the current 24h volume si quite high at the moment, the price going down is just an effect from bitcoin. When bitcoin is rising so much such a thing tend to happen.

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June 21, 2019, 11:41:40 AM
 #18

Just because of you're losing your faith on altcoins doesn't mean that other people are the same. Infact, market showed many positive signs. I saw a lot of 30-50% pumps in the last few weeks when bitcoin recovered from $7000 to $8000. No one can tell you how long it's gonna take. It's just whether you can keep your patient or not. If you buy your alts when bitcoin was at $19k, I think it'll be long.

Beside self pump binance coin I don't see any worthy known coin that's pump 30-50%. I must of missed something.


Precisely because of the time when you are losing faith in altcoin, when the shark is gathering it. Everyone's mistake is to pay attention to when the market rises to buy in and lose money without thinking about when the market is gloomy to buy. When bitcoin is priced at 3k $, I think no one dares to buy it but when it is 9k $, it is massively bought?
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June 21, 2019, 11:44:10 AM
 #19

of course it will recover but no one knows how long it will have to wait but most people say long term, maybe those who are forced there are 3-5 years from now

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June 21, 2019, 11:46:44 AM
 #20

Do you think it ever going to be recovered and if you think, yes, then how long?


I don't think am one of those losing confident in altcoins, intact it has been a blessing to me. What I will advice is that you change your strategy if things ain't working out well

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