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Author Topic: Altcoin price recovery  (Read 3884 times)
Savemore
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October 04, 2019, 11:36:49 PM
 #161

The title says it all — altcoin price recovery is underway. Personally, i would be satisfied if prices go back to where they were a few days ago, but a rally that would take them higher wouldn't hurt, either.

What are your thoughts and expectations?

https://coinmarketcap.com/
I am sure that altcoins will recover after its get down so much but not all of altcoin can become profitable again. There are only few altcoins that have potential to survive in the market.
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October 04, 2019, 11:49:04 PM
 #162

If u ask me everything is based on speculations and folks should not based their investment decision on that unless they wanna get burnt . We have been hearing of price recovery for a very long time. It may or may not happen any time soon
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October 04, 2019, 11:51:10 PM
 #163

I think it is easier said than done. People have been expectant for a very long time. Will the glory day of altcoin be witnessed any time soon ,that question is a difficult one to answer
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October 04, 2019, 11:52:56 PM
 #164

How sure we are that there will still bea recovery?
The market i still down and we dont have thereason to get thte demands what we had before like in 2017.
are we still hoping on the thing we will never get?
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October 05, 2019, 03:37:34 AM
 #165

The price of altcoins could recover will depend on the value of bitcoin, because it could go down while the value of BTC is rising and some of the investors could really sell their token/coin to have more satoshi. But, we don't know what will happen next since it is hard to predict the market's value.

One thing for sure the value of BTC and altcoins could go really up in the next couple of months.
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October 05, 2019, 03:44:04 AM
 #166

In my opinion, as fas as bitcoin can't break its new all time high prices, altcoins neverr going to recover, still playing in this area. I'm not expect so much, if bitcoin just stable in $15k, it can make altcoin wake up from hiberation, at least the altcoins not get dump anymore.
The fact is, Bitcoin has the greater market dominance of about 70% and this huge figure has a strong influence on the entire market. Bitcoin appears to control the trend of the market hence when Bitcoin is down, almost all the altcoins follow the same downward trend and whenever Bitcoin is up, altcoins follow the same trend respectfully. This is why, the altcoins are stuck in price increment because Bitcoin has not made another huge surge on the market.
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October 05, 2019, 01:46:30 PM
 #167

Its too early to conclude that the prices of altcoins are recovering. Its gonna take a while for the altcoin market to recover.  StableCoins are making it impossible for altcoins to increase in market value alongside bitcoin.
Stablecoins are not making the price of Bitcoin any higher. I stay away from them.
If there is a failure in the price of USDT, then this can provoke a change in the price of BTC.

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October 05, 2019, 03:47:19 PM
 #168

For over a year now, the price of Alt-coin have been fluctuating in the crypto industries. Base on the current prize of alt-coin is very good to invest and the price of Alt-coin we soon recover and is going to be more profitable to invest for a future and also to take the advantage of the current price. 
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October 05, 2019, 04:28:22 PM
 #169

For over a year now, the price of Alt-coin have been fluctuating in the crypto industries. Base on the current prize of alt-coin is very good to invest and the price of Alt-coin we soon recover and is going to be more profitable to invest for a future and also to take the advantage of the current price. 

Yes it is the right time to invest on altcoins because its on the lowest price as of this year and you may want to consider the top 10 or top 20 in coinmarketcap which is accurate way to invest at you will never get wrong with that and if you want to look closely pic the top 5 and see there fundamentals.

 
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October 05, 2019, 04:44:59 PM
 #170

Its too early to conclude that the prices of altcoins are recovering. Its gonna take a while for the altcoin market to recover.  StableCoins are making it impossible for altcoins to increase in market value alongside bitcoin.
Stablecoins are not making the price of Bitcoin any higher. I stay away from them.
Stable coins can only be use to convert your BTC if you  think the price will be declining.
Stable coins cannot be use as investment since you will not earn any profit with it you will just securing your profit from other coins when converting in it.
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October 05, 2019, 05:02:21 PM
 #171

Aside from investing in the top 10 in CMC, I think maintaining shitcoin is also the right way to get profits, if the bull market really runs away.
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October 05, 2019, 05:58:30 PM
 #172

i am not sure about 2019, but there is a high probability that altcoins recover in 2020!
this is too long price consolidation, i really think it wont be forever
they just need to shake weak hands and scam projects first.
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October 06, 2019, 02:57:41 AM
 #173

LOL.. so you do admit that the vast majority of the altcoins don't have any practical usage. Then how can you justify holding on to them? Many of the altcoin users are not able to justify their decision to hold the alts, and that is one of the reasons why we are seeing a mass selloff in the altcoin market right now. The market share of altcoins have been halved, from almost 50% to around 25%. And the trends indicate that it will further go down, as there is no reason to believe that suddenly these alts will find some use for themselves.
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October 06, 2019, 03:01:15 AM
 #174

i think in the long term many coins will recover, but most of them will never go to ATH again.
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October 06, 2019, 08:49:25 PM
 #175

Its too early to conclude that the prices of altcoins are recovering. Its gonna take a while for the altcoin market to recover.  StableCoins are making it impossible for altcoins to increase in market value alongside bitcoin.
Stablecoins are not making the price of Bitcoin any higher. I stay away from them.
If there is a failure in the price of USDT, then this can provoke a change in the price of BTC.
Yes those stable coins are not good we only should buy bitcoin as it gives us profit and makes money for us by increasing the price. Bitcoin is the best coin it has potential to increase and almost all investors are supporting it. It has more ability to increase than other altcoins and have good market reputations.
And what's the point of using cryptocurrency in the form of USDT? I think that Satoshi Nakamoto would have laughed at this very well.

victoria444
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October 06, 2019, 10:51:46 PM
 #176

Bitter truth is that most of these altcoins are being traded down by exchanges in which they're listed on, bitforex comes to mind..For there to be a true altseason of any coin..some of these exchanges needs to be shut down.
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October 07, 2019, 05:00:01 PM
 #177

we will never know if that will happen, and I hope it will be the same as everyone, that is, hoping the price will improve.
and I think today the market condition has recovered, the green market where btc rose by almost 3% and the average altcoin followed in the range of 1-10%, there are even some above that (LINK).
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October 07, 2019, 11:36:10 PM
 #178

Unfortunately the vast majority of the market manipulation. Some of the existing stock exchanges form the volume themselves. I suspect this is the case. As the number of natural persons increases, the market will be based on more solid foundations.
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October 08, 2019, 12:02:48 AM
 #179

me, too. I see most of the old altcoins have recovered up to 200% more that increase. but it is still far from falling prices. it's just that I believe altcoin will be back with the current bitcoin increase. I have several altcoins. a few days ago it was very bad. all assets have no value of more than 10 $. but today I see that increase. and the graph gives a strong signal for recovery and bulls.
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October 08, 2019, 06:50:06 AM
 #180

i am not sure about 2019, but there is a high probability that altcoins recover in 2020!
this is too long price consolidation, i really think it wont be forever
they just need to shake weak hands and scam projects first.
I also believe that altcoin 2020 will have a big recovery but only development projects can increase prices. This market is in a very difficult period so I can not be sure which coin will gain a good price in the near future. Now there are thousands of options for all investors but only 5% of projects can be profitable for you in this market so research to find the best project.

I have a lot of ways to make a profit and I will usually choose the top coins like LTC, ETH, BCH because these are 3 coins that tend to increase together if the market enters a new period.

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