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Author Topic: Nothing is wrong with altcoins  (Read 2836 times)
Ken_terrance
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December 27, 2019, 10:11:59 AM
 #1

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins

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December 27, 2019, 10:22:00 AM
 #2

Almost all the crypto currencies lost its value from all time high but this is not the real reason for people to hate! More and more new cryptos but everything turns into scam so people actually lost interest on new cryptos which also affects the price of old altcoins and also the trend of crypto price market.

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December 27, 2019, 12:24:35 PM
 #3

I agree that some altcoins are better to use and not all example of that are eth,bch,xrp,ltc,dash,doge that turn useful and helpful for long

But there's a lot of alts and tokens here that not useful at all then they only grow at first but after few months or a year they turn really low or unfortunately they will be gone then that's why many think alts,tokens are just nothing

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December 27, 2019, 12:34:49 PM
 #4

Everyone should only invest in top altcoins if you plan on holding for long term, most new altcoins are good for short term holding, once they surge in value just sell off and move the money into another old altcoin unless the new altcoin delivers something entirely very new and promising, too many repetitive projects nowadays
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December 27, 2019, 12:45:24 PM
 #5

Some loss confidence on altcoins while some still believe, .. that's normal in the crypto space.
And I admire the way you think OP, I also believe in altcoins (of course those legit only) and I will only stop believing when BTC had its new ATH and they still remain worthless, with that I can accept that there is no chance anymore.




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December 27, 2019, 12:49:24 PM
 #6

If we are holding those potential altcoins, it is absolutely nothing wrong but we are having those dead coins, it is just a waste of time.
Yes, it is obvious that we are focusing on Bitcoin right now and we neglect any chances that may altcoins have in the future.
Some altcoins still at good price, not really big as what it showed last 2017 but I believe that we could still be profitable of having these altcoins.
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December 27, 2019, 12:54:18 PM
 #7

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins

This image will show you the state of the top 10 altcoins.


https://athcoinindex.com/

So I don't know how you can say that they're doing fine, still way below their ATH, 80%-90% down. I would understand though that this is a good opportunity to buy cheap altcoins and look for the look term prospect of getting a huge return when the price reaches their ATH again.

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December 27, 2019, 01:00:01 PM
 #8

I have many erc20 tokens that I got from the bounty campaign and hope that when bitcoin goes up altcoin will follow the price. I know now most of the erc20 tokens are dead because long bear market but I am still waiting for everything to come back.

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December 27, 2019, 01:02:03 PM
 #9

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins

Of course, nothing is wrong with the top ten altcoins, the problems lies on those shitcoins and tokens that are being used for pump and dump scheme. Remember that almost all altcoin have bitcoin pairings so obviously they will be affected as well.

And then there are altcoins investors who decided to shift to bitcoin for now because of the current state of the altcoin market. And that is how crypto market works, people juggling around and put there money where it has a greater chance to profit which is bitcoin.

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December 27, 2019, 01:12:25 PM
 #10

I understand that most altcoins don't have any good value that makes it not reallt worth it for investment, but there are still altcoins that are worth for investment like the top 10 altcoins in the market such as ETH, BNB, LTC, XRP, etc, and i hold some of these coins because they are good for trading and it still gives me a good proft, even they do not have a good price today.
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December 27, 2019, 01:19:15 PM
 #11

altcoin that does not have a product and a large community, so they cannot survive, this is like a natural law, they are not able to adapt, so thrown out of battle. so when bitcoin rises, they are unable to follow it, due to the lack of trust from investors

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December 27, 2019, 01:21:46 PM
 #12

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins

I think when investing., you need to put emotions aside and focus on the business aspect
Haring or loving any token is wrong when investing
.
Truth be told, if bitcoin goes up to 20000$ and most altcoin fail to rise, or let's say your portfolio does not increase

Then your researches have gone wrong.. Take emotions out of the game, dyor and enjoy the dividends

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December 27, 2019, 01:30:12 PM
 #13

Altcoins like Ethereum, Litecoins and all reputable and coins that have real use case will increase price when Bitcoin price back again in 20,000$.
And many on the top altcoins are lose its value now when bitcoin increase price increase before.  Like ethereum that trading now in 120$ to 150$ unlike before that price is 500$ to 1,000$ .
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December 27, 2019, 01:30:35 PM
 #14

The truth is that the last 2 years were a disaster for the altcoin investors.
Somehow the average altcoin investment seems to have a short period of profitability. And I talk here about the few honest coins.
They have been falling a lot, and not only compared with fiat, also compared with Bitcoin.

On the other hand some have risen quite a lot against bitcoin over time too, don't forget that. And that may happen again at least for a small number of altcoins. And if that'll happen some people that currently may be seen as bagholders... may become rich investors.

All in all, each altcoin investor should know (should have known!) that altcoins are riskier than bitcoin. The current state of things shows exactly how much riskier they are.

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December 27, 2019, 01:36:46 PM
 #15

I have many erc20 tokens that I got from the bounty campaign and hope that when bitcoin goes up altcoin will follow the price. I know now most of the erc20 tokens are dead because long bear market but I am still waiting for everything to come back.

It is still difficult to wait for the ERC20 token to bounce back like 2017 even I have a few old ERC20 tokens until there is no price until now.
so don't expect too much from the ERC20 token for a long time except for the top altcoin, I don't think this will be shitcoin in the future.

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December 27, 2019, 01:50:59 PM
 #16

I don't like but I don't hate altcoins, I don't like altcoins that depend on bitcoin, The fact that the value of most altcoins in the market depends on the price of bitcoin,

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December 27, 2019, 01:53:15 PM
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Those altcoins that have lost value in this bear market are the ones who have no usecase and real users on their platform. I must say that it is built on hype and promises,its impossible for them to say for a few more years. Pick the altcoins who have a real usecase that can be used by real users.

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December 27, 2019, 01:54:49 PM
 #18

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins

Are you sure BNB is doing fine?  After its ATH of around $40  it goes down to $13.  Many investors thinking that BNB is doing well had lost a lot after the hype of this coin is over.  

And I think there is something wrong if an altcoin that caters fund from crowdfunding started to lose value from its original ICO price.  

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December 27, 2019, 02:03:35 PM
 #19

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins
They are not doing fine and if you make comparison about how much those altcoins are getting lose from the ATH and then altcoin will be getting more percentages.
What makes us get more guarantee if they are popular coin and they have big name among the crypto users. Maybe you are saying if you are feeling fine right now if you are even getting a loss on those coins but not for those people who have bought those coins at ATH.
Some of them even feel depressed caused by that.

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December 27, 2019, 02:17:30 PM
 #20

but bitcoin is profitable this year, when the pump price movement some time ago and also altcoin which can benefit people who do daily trading. so actually disappointment will always be there when we can not take advantage of opportunities, because there are still some people who can profit in the current market conditions


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December 27, 2019, 02:23:07 PM
 #21

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins
Actually the real issue is with market as when the market crashed then bitcoin along with all altcoins dropped down but now the market is growing and when the price will reach to $20k then all of the altcoins will start to rise. You may remember that when the price reached to $20k in 2017 then even the crap altcoins increased its value. The same will happen again. So if you have any coin just hold them and wait for the good market.
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December 27, 2019, 02:28:10 PM
 #22

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins



That's why you need to analyze Altcoin before investing. In difficult times like this, it is better to secure capital first than to invest in coins that are less volume and there is no progress. I personally prefer to choose the short term when trading than hold coins for now considering the price of Bitcoin is still down.


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December 27, 2019, 02:30:55 PM
 #23

I wouldn't agree
For me there is a lot wrong with altcoin

80% altcoin have no value for the society which literally affects the few valuable altcoin

There's a need to find a balance between valuable and negliable altcoin
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December 27, 2019, 02:34:47 PM
 #24

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well?
I think the majority issue is that the prices do not match with previous ones. Because while ethereum's price was $1.4k in bitcoin's $18k time, the ethereum is $130 in $7k. According to this calculation, the price of the ethereum should be around $400-500.

Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins
Is ethereum crap?  Huh

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December 27, 2019, 02:40:00 PM
 #25

How are you so sure altcoins will fail to rise too when bitcoin can reach 20k again? keep calm because even the journey to reach that value has not yet begun but you are already pessimistic like that, still to be confident and also, no one will be willing to invest long-term in shit coins and you already realize it.


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December 27, 2019, 02:44:45 PM
 #26

How are you so sure altcoins will fail to rise too when bitcoin can reach 20k again? keep calm because even the journey to reach that value has not yet begun but you are already pessimistic like that, still to be confident and also, no one will be willing to invest long-term in shit coins and you already realize it.
I think when the price of bitcoin can return to its highest price again then it can give effect to various types of altcoin because surely there will be many traders who arbitrate that will take advantage of the difference in bitcoin prices from various exchange places so that many will use altcoin as a transaction arbitral and can provide altcoin price increases.
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December 27, 2019, 02:45:54 PM
 #27

I have many erc20 tokens that I got from the bounty campaign and hope that when bitcoin goes up altcoin will follow the price. I know now most of the erc20 tokens are dead because long bear market but I am still waiting for everything to come back.

Despite of the death of altcoins due to bearish market, it's not yet over since people are still hoping for them to arise at any moment. We don't know the exact date for that, but still many individuals are still looking forward for when it will begin to correct all the underlying problems that made it drowned for two years.
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December 27, 2019, 02:50:53 PM
 #28

Most altcoins depends entirely on bitcoin, this is what i hate about altcoins, only very few altcoins don't depend on bitcoin but since bitcoin is the mother of all coins they will always benefit from surge, be careful which altcoins you keep, someday they might be worthless

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December 27, 2019, 02:55:57 PM
 #29

There's nothing wrong in altcoins if you are holding a well established alts, its normal for the price to swing and because btc is the major pair in exchanges the price of other alts tend to go down if the value of btc is declining.

Moreover holding alts are risky if the one you bought is shitcoins thats why its best to choose a popular coins to make sure they will recover once the market turns better.

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December 27, 2019, 02:56:53 PM
 #30

of course big loss for you if you invest in shitcoins. There is nothing wrong if you invest a trusted coins like in the top coinmarketcap they are good to hold for long term.

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December 27, 2019, 02:57:05 PM
 #31

Nothing is definitely wrong with altcoins. But not all altcoins. Of course there are shitcoins. But there are a lot of altcoins there who's doing well and have great potential to do well in the future. But we cannot remove that some altcoin are just following Bitcoin.
We all have our own opinion with altcoins. If others don't like altcoin, then let them
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December 27, 2019, 02:59:08 PM
 #32

People are blaming altcoin because they didn't sell the altcoin when the price reached the highest price. They want to make a bigger profit even they already see the biggest profit that they can take. That is because they are too greedy for making the biggest profit. But if they understand that the price will go down after reaching the highest price, the price will not stay at that price, and it will go down whether you like it or not. So while you can see the price increase so high, you need to sell your altcoin before it's too late to realize that the price goes down. If you still hold your altcoin, then you will regret it later.

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December 27, 2019, 03:00:23 PM
 #33

of course big loss for you if you invest in shitcoins. There is nothing wrong if you invest a trusted coins like in the top coinmarketcap they are good to hold for long term.
if you want to invest in shitcoin at this time, of course, it's a stupid choice. but if he buys when it still has value and now falls almost without trading it is a loss. but who knows now the market conditions are indeed a lot of coins that die and can not develop anymore. but this condition gives us the experience to see the project in the long run. at least after 1 year, their development can survive in the market or it's not working.


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Landak
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December 27, 2019, 03:04:43 PM
 #34

those who blame altcoin are actually just wrong in choosing the time to buy and sell when prices go up and down, on average they say that because they hold it in the long run and do not get the results as expected.
I don't mind altcoin or bitcoin which dropped from 20k to 7k, because I have felt the price of bitcoin when still around 150$
So altcoin or bitcoin nothing wrong, it is all of us who are wrong, who cannot understand market conditions. Don't hate altcoin, hate yourself.


Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins
Is ethereum crap?  Huh
It seems to be caused by the number of erc20 tokens that are scam and have no value on market and ultimately have a bad impact on ethereum (maybe).

HILIH                                                                                                                                                                 KINTIL
d3nz
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December 27, 2019, 03:10:19 PM
 #35

of course big loss for you if you invest in shitcoins. There is nothing wrong if you invest a trusted coins like in the top coinmarketcap they are good to hold for long term.
if you want to invest in shitcoin at this time, of course, it's a stupid choice. but if he buys when it still has value and now falls almost without trading it is a loss. but who knows now the market conditions are indeed a lot of coins that die and can not develop anymore. but this condition gives us the experience to see the project in the long run. at least after 1 year, their development can survive in the market or it's not working.
There are some sh*tcoins a re really good for making a profit but it will depend if it has a large volume within the 7 days and where exchange it is trading because we need to determine if its good or not. Ans we all know that there are a lot of dumpsters are waiting for the price to pump up a little bit then sell off.

Much better to always put your investment into Bitcoin altcoin and few sh*tcoin that has potential only to increase its value in the future.
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December 27, 2019, 03:11:02 PM
 #36

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well?
I think the majority issue is that the prices do not match with previous ones. Because while ethereum's price was $1.4k in bitcoin's $18k time, the ethereum is $130 in $7k. According to this calculation, the price of the ethereum should be around $400-500.

Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins
Is ethereum crap?  Huh
At the time when the price of ETH reached to $1.4k everything was much better. All of the coins were raised on a large scale. All of the investors were confident with their investment in crypto and many investors were putting all of their money in crypto so the price reaching to that value was not hard. Now many people are confused and when the market will again run in green without any red then again we will see a situation like that.
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December 27, 2019, 03:23:44 PM
 #37

Some would think that even ETH are crap altcoins.
if they invested at peak and they are still holding until now, they'll think they already loss 90% of their money and they'll regret.

to call it a crap or not, this depends on our own evaluation as we all don't have the same evaluation in every coin we are investing.


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JC btc
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December 27, 2019, 03:29:26 PM
 #38


At the time when the price of ETH reached to $1.4k everything was much better. All of the coins were raised on a large scale. All of the investors were confident with their investment in crypto and many investors were putting all of their money in crypto so the price reaching to that value was not hard. Now many people are confused and when the market will again run in green without any red then again we will see a situation like that.

Yes, nothing is wrong with altcoins, the only thing it's wrong is that people and greedy persons are taking advantage of it. Also, there's a lot of greedy CEO or founders that are taking advantage of it, that turned out to be scam. Altcoins are good too for the legit one as they are contributing with the prescence of cryptocurrency.
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December 27, 2019, 03:56:17 PM
 #39

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins
Lose or profit is all about perspective. Not only what you mention about crap altcoins or good altcoins. In price also can really affect on what people will get. People who buy in high price might  be blame altcoin because they lose, but if they buy in low price, they wouldn't do it.

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December 27, 2019, 04:05:41 PM
 #40

I think always safe our investment if we have invested in altcoins which is top in crypto market like eth, tron, ltc, BNB more and it will be depending on bitcoin price ALWAYS because when bitcoin price has been peak around $20k all other altcoins performing well but now crypto market condition is really bad and we can see how crypto market going Performa next year.





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wajik-tempe
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December 27, 2019, 04:18:50 PM
 #41

I think always safe our investment if we have invested in altcoins which is top in crypto market like eth, tron, ltc, BNB more and it will be depending on bitcoin price ALWAYS because when bitcoin price has been peak around $20k all other altcoins performing well but now crypto market condition is really bad and we can see how crypto market going Performa next year.

I think nothing is safe from any cryptocurrency investment even it's bitcoin because this world is centralized and everything is on the internet which must be have the weakness of it's security.

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December 27, 2019, 04:22:19 PM
 #42



Don't get too hateful to the altcoins, it may just be the only you can have with so little USD you have today. I did listen to the fud during the time when ETH's price was less than $3 now that I can't have 10 of it with $1000. Today you still can buy a ton of the altcoins you wish to invest, take time to see which one you think may rise above to be more than just an altcoin.

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December 27, 2019, 04:25:36 PM
 #43

From a trader's perspective, absolutely nothing is wrong with altcoins. They have their own season just like what bitcoin experiences on its highs and lows. The mere fact that altcoins are still worth more than hundreds of millions on their own is a testament that people are into it, albeit only for profits and not mainly innovation and development. Anyways, for as long as dev teams and altcoin providers DO NOT scam nor try to game their investors, I'm all good with it. Just look at what ETH has brought to the community with its dapps and other apps built on it, plus an honest and brilliant developer in the face of Vitalik Buterin.

If all altcoins are like ETH, then nothing really is wrong with altcoins at all.

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December 27, 2019, 04:36:00 PM
 #44

Do you really think that everything ok with eos? EOS costs $ 24 on its ATH, but now you can buy it for $ 2. this is a price drop for 12 times. for a coin with such a large capitalization, this is a very big loss. I’m not saying that altcoins are bad and you need to hate them, but definitely we all now understand that this is a very risky investment. but also those people who didn’t buy EOS for $ 24 can now  can buy it for $ 2 and make good money in the future






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December 27, 2019, 04:36:09 PM
 #45

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins
Not putting the blames in altcoin for crypto performace these few years. I'm inclined to be a Bitcoin maximalist because most of alts are crap anyway. It's just another tool for speculation with almost no development behind it. Well, there are some alts that are actively developed like ETH but most are not.
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December 27, 2019, 04:55:17 PM
 #46

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins

These dropping of prices of cryptocurrencies are pretty much normal. They're supposed to drop once in a while especially in this season where people becoming expensive so, they sold some crypto for fiat. We need to face the reality that fiat is still used more often when buying gifts because that's still the norm for most communities. But it is also the best time to buy crypto that can recover the price in 2020. Determining which of them is the real issue.

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December 27, 2019, 04:57:50 PM
 #47

Pretty vague to say that there is nothing wrong with altcoins. The truth is the vast majority of altcoins are utter garbage and shouldn't have any value whatsoever.

Most of these arose during the 2017 and early 2018 ICO boom, where people were just throwing money into the market with the expectation that any project with a viable purpose would eventually gain in value.

Now, in 2019 (almost 2020), we know better. Only the strong will survive and the vast majority of altcoins are not strong at all, hence why most are practically dead despite being born barely two years ago.

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December 27, 2019, 05:05:13 PM
 #48

One should just be careful now when choosing altcoins to invest in, it's not 2017, guys. Most of the crap you are still holding on your MEW will remain dumped and useless till the end of crypto. Face it and move on Smiley

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December 27, 2019, 05:09:10 PM
 #49

Well to some extent I will support you on this, the loss on Altcoin isn't strange because this loss is also affecting bitcoin, but that being said, to be safe, invest only on trusted Altcoins especially those with unique use case. Don't just invest in any altcoin you see because you feel there is nothing wrong in Altcoin.

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December 27, 2019, 05:33:17 PM
 #50

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins
I can't remember any time when Bitcoin raise up to 20K but altcoins fail to move up. There is no effect of altcoins in Bitcoin price, adjust opposite direction. Altcoins price fall because of Bitcoin price. ICO, IEO or STO all investment comes from Bitcoin and Ethereum, so this is the effect of Bitcoin.
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December 27, 2019, 05:38:09 PM
 #51

Altcoins seem to be really down during the last several years, with almost no further perspective. The problem is still in BTC dominance, because it simply does not leave space for altcoins to develop and to increase in price.

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December 27, 2019, 05:44:41 PM
 #52

What I don't understand is that we don't like what we do. We're already the reason for this price volatility, price decrease and increase, scam and solid projects.
Well to some extent I will support you on this, the loss on Altcoin isn't strange because this loss is also affecting bitcoin, but that being said, to be safe, invest only on trusted Altcoins especially those with unique use case. Don't just invest in any altcoin you see because you feel there is nothing wrong in Altcoin.
The price of none of the traded assets remains constant, only the difference of cryptocurrency is that it is more volatile. When we take a look from this way, there is nothing to be understood, everything is obvious.
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December 27, 2019, 05:45:20 PM
 #53

op is more focused on altcoin that really functions and has good transaction circulation.

there is nothing wrong with that and all of them also do not have to just look at it from the perspective of price conditions that are experiencing a prolonged bearish. what needs to be analyzed is coins that do have endurance for long-term performance, these coins are always ranked at the top of coinmarketcap. and for other ranks only coins with unstable activity develop and rely on short speculation.

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December 27, 2019, 05:48:26 PM
 #54

yes, never take a short decision or judge cryptocurrency just because of a weak market situation, isn't the price of cryptoqurrency fluctuating? so I think this is normal. although almost all altcoins lose their value, that doesn't mean they will die. I am optimistic that the top coins will continue to grow and show their highest value again someday.

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December 27, 2019, 05:50:18 PM
 #55



Don't get too hateful to the altcoins, it may just be the only you can have with so little USD you have today. I did listen to the fud during the time when ETH's price was less than $3 now that I can't have 10 of it with $1000. Today you still can buy a ton of the altcoins you wish to invest, take time to see which one you think may rise above to be more than just an altcoin.
This should be the OP should be doing instead of hating it. Altcoins has their own season to grow but i don't think altcoins won't grow when the bullish season of bitcoin started already. I know some altcoins who manages to get a price growth when there is a bull run. I think OP must be assuming that altcoins will have a bull run too if bitcoin have.  Huh

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December 27, 2019, 05:56:09 PM
 #56

The time for altcoin isn't right now so it's okay if you hate altcoin for now because if you don't hate altcoin right now you will buy altcoin and you will lose your money so don't hate anymore if the altcoin season starts because if you still hate altcoin, the price altcoin will still go up

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December 27, 2019, 06:01:06 PM
 #57

Altcoins are indeed the future as there are really good altcoin projects and new technologies which we have got only through altcoin wherein bitcoin is traditional. No I don't think tenured users will blame altcoin for Bitcoin's price drop as altcoin has nothing to do with it, in fact it's bitcoin which plays major rule based on which the value of altcoins fluctuates.

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December 27, 2019, 09:04:43 PM
 #58

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins
Your post sounds like you have bipolar disorder (no offense). Your posts has so many (mood) swings lol.
Bitcoin is at loss? Start comparing the price from the early, instead of just comparing it with the price of 2017. The price was 20k for just few days. It was around 17k for just few weeks before it started to drop. It dropped down to 3k and look at the price now. It is around 7300 USD which is a lot. Just look at the price in long term instead of look at short term price.
What crap altcoins are you talking about?

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December 27, 2019, 09:20:20 PM
 #59

The pairs of most altcoins are into bitcoin and this is the reason why many hates it when they see bitcoin struggles because altcoins are the next to struggle.
You will only have problem if you invest in crap altcoins
Yeah. They don't realize that they've invested to the wrong altcoins however, it's always a better choice to put bitcoin first in your priority.



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December 28, 2019, 03:16:56 AM
 #60

some crypto investors have now left altcoin and are focused on bitcoin. This is not Altcoins fault because right now we are on the bear market and bitcoin which is the reference for altcoin has also fallen dramatically. so it's only natural that the current altcoin value drops dramatically. but I am optimistic that when bitcoin can return to the price of $ 20,000 after halving the altcoin market will also pump up and turn green again. and I'm still optimistic that top altcoins like ethereum, EOS and LTC will pump high when bitcoin bull run. I agree with you op if later bitcoin can reach $ 20,000 but the top altcoin doesn't pump high then I will decide I will hate and sell my altcoin.

 
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December 28, 2019, 03:20:14 AM
 #61

Indeed nothing is wrong with altcoins, the only problem i see is that over the years appear scam coins and also this contribute to price fall and also problem with some exchanges that was hacked, but now indeed many people focus on bitcoin, we all hope for a 2020 year much better for crypto.
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December 28, 2019, 05:20:36 AM
 #62

As Bitcoins value plunged every altcoin is affected because they are dependent on its value. If you put your money in the right coins there’s always a chance that you will recover your investment in the future If you haven’t sold it already.


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December 28, 2019, 05:37:28 AM
 #63

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins
In the second quarter of this year, the price of bitcoin grew four times, and almost all altcoins remained at their previous price values. And this is not the first time that altcoins almost do not respond to the increase in the price of bitcoin. This caused many fears about the state of altcoins. However, I also think that everything is in order with altcoins. The market does not always respond equally to changing conditions. The time will come and altcoins will also grow in value.

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December 28, 2019, 05:47:03 AM
 #64

There are many people who hate alts like anything. They have lost more than 75% of their investment in the hope of having greater profit with alts. But in reality, btc was more profitable even in dumps. A new 2020 may bring some hope into the alts and some projects may excel in what they have promised.

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DevilSlayer
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December 28, 2019, 05:50:34 AM
 #65

Indeed nothing is wrong with altcoins, the only problem i see is that over the years appear scam coins and also this contribute to price fall and also problem with some exchanges that was hacked, but now indeed many people focus on bitcoin, we all hope for a 2020 year much better for crypto.
You know what is wrong? It is the scam coins that are recently entering the market. I do not prefer altcoins that have low volume because it considered as scam coins where there is no development and improvement. There are altcoins that have greedy developers where after they raised a capital, they will just be gone and take away the money that they got from the investors. We should buy an altcoins that have good developers and have good volume in the market in order for us to not be scammed.

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December 28, 2019, 06:03:53 AM
 #66

The main problem of almost every alt - they useless
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December 28, 2019, 06:10:40 AM
 #67

I mean, I can't argue with that there are tons of people who don't believe in altcoins anymore due to how bad the market condition these past years.
Some might even lose interest to invest on alts and some might be a die hard believer that no matter what happens, they don't care.

Only few of altcoins that could survive in the market in the long run. Not to mention there are far too many shitcoins in the market. That, if you're not careful enough with your research you might see the worst outcome.

At least, so far, when bitcoin price has an increase, the other major altcoins will also do the same. And if bitcoin price goes down, you already know what will happen next.
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December 28, 2019, 06:21:08 AM
 #68

The main problem of almost every alt - they useless
You are absolutely right, all altcoins in this market are useless. In the 2 years of operation, no altcoin has been applied to real life, and no altcoin really has a product. This is the main reason why thousands of altcoins crash in 2019 and I believe that by 2020, most altcoins will die and many investors will lose all their money





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HabiebRiziq
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December 28, 2019, 06:51:17 AM
 #69

yes, never take a short decision or judge cryptocurrency just because of a weak market situation, isn't the price of cryptoqurrency fluctuating? so I think this is normal. although almost all altcoins lose their value, that doesn't mean they will die. I am optimistic that the top coins will continue to grow and show their highest value again someday.
The cryptocurrency market is very volatile. Prices can rise at any time and at any time decrease and this is a normal thing in cryptocurrency, for me we have to do is how we can survive in any situation in cryptocurrency, do not be too fast in making decisions and do not take too much risk , it's better when the market is red not to rush into buying coins and looking for coins that have a great opportunity to be able to make a profit.
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December 28, 2019, 10:16:17 AM
 #70

Sometimes, our expectations only disappoint us. Kost of us is expecting a huge value out of our holdings. As for me, it's important that we'll know how to take advantage of every market situation. It might not be the best season for altcoins but top coins are still soaring. Let's just hope for the best this coming year.


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December 28, 2019, 10:33:07 AM
 #71

Altcoins derivative of the first cryptocurrency depend on it. Although individual cryptocurrencies with a large market share, the same Ether, in principle, can themselves create demand, regardless of the demand for Bitcoin.
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December 28, 2019, 10:41:23 AM
 #72

There is an old saying in China: existence is reasonable. Of course, because competitive currencies have been around for many years, there are reasons. Each competitive currency has its own characteristics and should be allowed to compete with each other in order for blockchain technology to develop. After all, blockchain technology has just begun.

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December 28, 2019, 11:03:04 AM
 #73

There are many people who hate alts like anything. They have lost more than 75% of their investment in the hope of having greater profit with alts. But in reality, btc was more profitable even in dumps. A new 2020 may bring some hope into the alts and some projects may excel in what they have promised.
most of alts are created out of thin air with the premise of an "idea" to back up its value meanwhile this "idea" doesn't really mean anything at all. It's not a rocket science to understand that most of alts are prone to dumping and will hardly being pumped again meanwhile BTC with its more matured market have equal chance of increasing and decreasing its price. I do agree with your statement that BTC even in the bearish market could still drive some profit out of the circumstances.

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December 28, 2019, 11:03:48 AM
 #74

Yes, but people complain that altcoins dumped more, but they already forgot that altcoins are also growing more in a bull market.  Cheesy

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December 28, 2019, 11:05:52 AM
 #75

More and more new altcoins of projects are born, but for long-term development and development, I think it is very difficult, while old Altcoins are ranked top, in the long run, there is no potential for development. When buying and holding them, I will never buy and hold new altcoins in the long term and not in the top ranking.

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December 28, 2019, 11:10:24 AM
 #76

There is nothing wrong with Altcoin, the bearish situation experienced by the bear market is inevitable. Altcoin can still provide great hope, you name it like ETH, DASH, LTC and XRP, the top Altcoin is still very promising, although now experiencing a price reduction, but it can still provide great hope for traders. I personally prefer saving the old altcoin rather than the new altcoin, I personally prefer saving the old altcoin rather than the new altcoin, the old altcoin has been proven in the market, while the new altcoin still needs adaptation and there is no guarantee that it will last long in the market.


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December 28, 2019, 11:24:09 AM
 #77

The main reason people hate altcoin is almost losing 90% of investment if they buy at ATH, and it's very difficult to reach the peak value again even if BTC can already touch the new ATH I am very pessimistic that altcoin can keep up with the price of bitcoin.
The power of altcoin cannot really rise on its own unless there is power from bitcoin.

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December 28, 2019, 11:28:25 AM
 #78

You have to choose only altcoins that are constantly working hard on the project. Updating GitHub, active on social media sites and making partnerships even the market is crashing.


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naikturun
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December 28, 2019, 11:40:47 AM
 #79

when btc reaches ath 20k alt also follows, how do you say there is no alt that goes up, almost all alt goes up.
so when btc goes down, of course all alt also follow some things that don't survive and disappear, so it can be said that the project doesn't have a good performance so it is replaced by other projects.





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December 28, 2019, 11:51:12 AM
 #80

Altcoin that's already has track record ( above 3 years ) has biggest chance to survive, we can see from market chart and progress news. But new altcoin ( below 3 years ) are really non sense, too much promotion but has no good progress in development program only create garbage. Altcoin only follow bitcoin, as long they has good progress in development and combine with another platform, the price and volume will running well. Market movement based buyer and seller transactions, so nothings wrong with altcoin.

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December 28, 2019, 11:52:48 AM
 #81

But when BTC price increases in dollar value, other altcoins normally do same although mostly not with a wide margin. I also agree that we shouldn't just hold any altcoin for long term but ones with proven team transparency and devotion, and also good development. Also it's not so cool in my opinion holding so many altcoins waiting to see a positive outcome, it's better to draw a scale of preference and select a few for long term.


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December 28, 2019, 12:03:47 PM
 #82

One should just be careful now when choosing altcoins to invest in, it's not 2017, guys. Most of the crap you are still holding on your MEW will remain dumped and useless till the end of crypto. Face it and move on Smiley
This year is very different from 2017, we have to be very careful in choosing and making decisions because when we make a wrong decision it could result in losses and for me personally for now I would prefer to keep holding and waiting for the right moment to sell it or at least when I have benefited from these coins I will immediately choose to sell them.

 
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December 28, 2019, 12:51:53 PM
 #83

Well the drop in value of altcoin has been so drastic when compared to the rate of fall of bitcoin, but in any case altcoins are not totally bad, there are still some worth holding, only such should be invested upon. Carry out research before investing on Altcoin you will find those good and profitable ones.

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December 28, 2019, 12:55:13 PM
 #84

Such a strategy for sure makes sense, but you know, what I would also say - it is not easy to find multiple solutions that meet requirements. What I mean is evaluating the factors. From my point of view, platform must be advanced, innovative, reliable and, of course, bring real and practical value.
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December 28, 2019, 12:56:08 PM
 #85

Such a strategy for sure makes sense, but you know, what I would also say - it is not easy to find multiple solutions that meet requirements. What I mean is evaluating the factors. From my point of view, platform must be advanced, innovative, reliable and, of course, bring real and practical value.

Absolutely so and I fully agree with you that it is not easy to find several tokens that widen the horizons and set new standards on the industry. Talking about you, are there many solutions you can recommend in general?
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December 28, 2019, 01:00:02 PM
 #86

Absolutely so and I fully agree with you that it is not easy to find several tokens that widen the horizons and set new standards on the industry. Talking about you, are there many solutions you can recommend in general?

Nope, I wouldn't say so. I am only having 2 or 3 most attractive ones I am following. And latest discovery I would definitely recommend everyone to have a look at - Intelligent Hero. Have you already heard of such a solution? Cause you know, in here guys are setting entirely new standards on the industry
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December 28, 2019, 01:04:15 PM
 #87

Nope, I wouldn't say so. I am only having 2 or 3 most attractive ones I am following. And latest discovery I would definitely recommend everyone to have a look at - Intelligent Hero. Have you already heard of such a solution? Cause you know, in here guys are setting entirely new standards on the industry

Intelligent Hero? Hmm, it seems that I haven't heard of such a platform before, can you please provide more details on what the solution stays for?
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December 28, 2019, 01:06:48 PM
 #88

Indeed nothing is wrong with altcoins, the only problem i see is that over the years appear scam coins and also this contribute to price fall and also problem with some exchanges that was hacked, but now indeed many people focus on bitcoin, we all hope for a 2020 year much better for crypto.

I thought you said there is none wrong about altcoins but you mentioned that many scam altcoins has been brought up into scene? Quite contradicting. Meaning to say, youre agree with altcoins inception and introduction but you dont like scam coins right? I guess that's a sort of weird reasoning. Bitcoin will remain intact and trusted but altcoin space is a huge group and admit or not many are not favor with most of them. Especially new projects.
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December 28, 2019, 01:10:50 PM
 #89

Such a strategy for sure makes sense, but you know, what I would also say - it is not easy to find multiple solutions that meet requirements. What I mean is evaluating the factors. From my point of view, platform must be advanced, innovative, reliable and, of course, bring real and practical value.
So far the platforms that are truly reliable and have progress are the blockchain platform and the ethereum platform, you can see carefully how many people use both platforms in cryptocurrency.

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December 28, 2019, 01:19:00 PM
 #90

Intelligent Hero? Hmm, it seems that I haven't heard of such a platform before, can you please provide more details on what the solution stays for?

Yes, of course. In few words, the platform stays for widening horizons for everyone, who is interested in personal growth and self-development. Platform stays for giving such opportunities with great tech and usability balance. What I really recommend you to do - check out guys' explainer video available right on their website. And get back with your thoughts afterwards, curious to know ur opinion
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December 28, 2019, 01:27:39 PM
 #91

Yes, of course. In few words, the platform stays for widening horizons for everyone, who is interested in personal growth and self-development. Platform stays for giving such opportunities with great tech and usability balance. What I really recommend you to do - check out guys' explainer video available right on their website. And get back with your thoughts afterwards, curious to know ur opinion

So far sounds indeed attractive, let me have a look and get back. Thank you for your recommendation!
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December 28, 2019, 03:23:10 PM
 #92

Everyone should only invest in top altcoins if you plan on holding for long term, most new altcoins are good for short term holding, once they surge in value just sell off and move the money into another old altcoin unless the new altcoin delivers something entirely very new and promising, too many repetitive projects nowadays
There are indeed many new projects that only repeat what has been done. And for my own investment, I think for the moment I am not very interested in the new altcoin because it can be said to be able to generate profits from the new altcoin is not easy because most of the new altcoins are actually decreasing in price, so for now I personally will be more choose to invest in the top coins that can be spelled out to minimize the possibility of getting a loss or rather I prefer to play it safe now.

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December 28, 2019, 03:45:36 PM
 #93

How about ethereum? isn't this a big project and not bullshit? but ethereum has experienced an extraordinary decline this year. Bitcoin is still a good value even if it goes down because of fast recovery but altcoin continues to go down some time and when bitcoin is recovered altcoin remains stable on price when it goes down.
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December 28, 2019, 04:17:57 PM
 #94

But when BTC price increases in dollar value, other altcoins normally do same although mostly not with a wide margin. I also agree that we shouldn't just hold any altcoin for long term but ones with proven team transparency and devotion, and also good development. Also it's not so cool in my opinion holding so many altcoins waiting to see a positive outcome, it's better to draw a scale of preference and select a few for long term.

if altcoin we hold has good potential for the future, I think altcoin is suitable for long-term investment. In fact, when bitcoin has increased in price, it is possible that some potential altcoins can move to follow the same thing, therefore I don't think there is anything wrong with altcoin if we are wise to choose several potential altcoins to invest

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December 28, 2019, 10:08:31 PM
 #95

I will start hating altcoins only when bitcoin raise up to 20,000$ and altcoins fail to move up as well, many people are putting blames on altcoins today as if bitcoin is not in loss itself, the ATH of btc was 20k and now it's trading for 7,000+ thats like 12,000$ lost please how will this not affect other altcoins as well? Top altcoins will surely lose value as well, to me this present loss of altcoins are positive, look at coins like LTC, EOS, BNB, these coins are doing fine. You will only have problem if you invest in crap altcoins

I agree. There is no such problem in terms of the Altcoins price because what we are currently seeing right now is the after effect of Bitcoin's price downfall in which most of the existing Altcoins within the market relies or depends their prices on it. It must be good to know that despite of the price downfall, still Altcoins have made it up to this point of time on surviving while Bitcoin have not full recovered its price yet. The downfall of Bitcoin do really affect most of the Altcoins which is normal and already have been natural scenario because it do always happen everytime Bitcoin's price fall. The only thing that can be wrong in talking about Altcoins is that most of them might look promising but you must be careful of that because looks can be deceiving so better choose a trusted and reliable altcoin so that your investment will be safe and your lon term wait will be all worth it once the market have recovered because surely, Altcoins will get along to its recovery benefiting us all.