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Author Topic: Nothing is wrong with altcoins  (Read 2836 times)
Mealea
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January 12, 2020, 10:01:25 PM
 #201

Every crypto currencies but good and bad have been affected by the condition of the market. Though some feel that altcoins have dumped more than BTC but i don't see it that way.

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January 12, 2020, 10:47:07 PM
 #202

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
When Bitcoin raise 20k, my known person was predict that he won't surprised if Bitcoin down to 3K USD. How did he predict it, by seeing altcoins condition he predict it. My answer is no, he predict it because Bitcoin bullrun was huge then it should dump.
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January 12, 2020, 11:02:03 PM
 #203

I think this will be the last chance for altcoins to ever get this cheap, very soon their prices will never remain the same again, only those who filled up their bags will be smiling, now is a big opportunity for altcoin lovers before altcoin market start skyrocketing
Obviously, now it is time to have some good altcoins, because I have seen altcoin top 10 so far showing a good chart to have, and I am also sure that in the future there will be more benefits that we can get through several altcoins.
Even though altcoin is a lot of rubbish, there are still many prospective altcoins going forward. altcoin junk won't last long and without innovation on its journey. different from high quality altcoin, they tend to care for their members, and provide increasingly high quality products


Only few altcoins that has product and obviously they are worthless if no one are using them since their value is below the price when  they bought it. That's why we need to choose an altcoin that has an active community and the value is not going down below 50% from its current price.

And only few altcoins can make it and follow bitcoin which is only in top ranked altcoins.
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January 12, 2020, 11:22:50 PM
 #204

Altcoins price is affected by the bitcoins price back then. They dumped the altcoins and buy the bitcoin, then they joined to dumped the bitcoins to save their money from a big loss. That is not fully altcoins fault. So, don't fear to invest your money in altcoins.

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January 14, 2020, 10:59:50 AM
 #205

Absolutely nothing, one of the major issues with altcoins is that they lack the support they need to excel in this space most devs don't do the needful they just create and abandon coins.

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January 14, 2020, 12:28:09 PM
 #206

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 my opinion, altcoin still has a chance to make it big even though it's hard to rival Bitcoin. Not all altcoins can be great because competition is very fierce and is influenced by many things and one of them is a product. If altcoin has a product that can be adopted in the real world, I think altcoin is able to survive and might have a chance to get a large market cap

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January 14, 2020, 02:34:01 PM
 #207

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 my opinion, altcoin still has a chance to make it big even though it's hard to rival Bitcoin. Not all altcoins can be great because competition is very fierce and is influenced by many things and one of them is a product. If altcoin has a product that can be adopted in the real world, I think altcoin is able to survive and might have a chance to get a large market cap
Yes Altcoins are good and they have such good future because Alt coins are there for all kind of people who want to use it or those who want to invest their money with. For me Altcoin has great abilities to rise this year as more people are getting on market they will help altcoins to survive and grow faster than before. Time makes Things good just wait I hope market has some miner issues for Altcoin they will be south out with time.
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January 14, 2020, 02:56:00 PM
 #208

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 am expressing my opinion with your topic. I myself invested in Alter Coins and got Loss. That's why I never refereed it.Although all the coins from Bitcoin have been created.However, through this the investment can be profitable.

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January 14, 2020, 03:02:47 PM
 #209

Absolutely nothing, one of the major issues with altcoins is that they lack the support they need to excel in this space most devs don't do the needful they just create and abandon coins.
I highly disagree if devs dont do hardwork to develop their coin. if so, then the alt would be zero price
this is bussiness which must be serious to do, in this case not only about price but development

we have to realize that this is bearish market. many altcoins will be going down
even when devs already make something big in their projects. but it would change as long as investors believe again in crypto
when many sign, many greedy, many hope, that's when altseason would happen.

 
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January 14, 2020, 03:03:59 PM
 #210

It matters that which altcoins you choose fr trade or hold,There are thousands of altcoins and every coin is not with perfect idea or more development in the future so choose the popular coins with bright future.
Still there are atltcoins surviving in cryptomaket since a decade,I think selection of altcoins matter.Never go with the cheap and lost coins but the popular and having vision for long run.



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January 14, 2020, 03:14:52 PM
 #211

It matters that which altcoins you choose fr trade or hold,There are thousands of altcoins and every coin is not with perfect idea or more development in the future so choose the popular coins with bright future.
Still there are atltcoins surviving in cryptomaket since a decade,I think selection of altcoins matter.Never go with the cheap and lost coins but the popular and having vision for long run.

Agree with you, it really depends on the coins, if that certain coin is really a good one, then there's nothing wrong with it, but if it was just made to scam and to hype then it is really a big problem, so whether it is an altcoins, or tokens we should still learn thing how we are going to invest on them, if they are really worth it or not.
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January 14, 2020, 03:18:34 PM
 #212

It matters that which altcoins you choose fr trade or hold,There are thousands of altcoins and every coin is not with perfect idea or more development in the future so choose the popular coins with bright future.
Still there are atltcoins surviving in cryptomaket since a decade,I think selection of altcoins matter.Never go with the cheap and lost coins but the popular and having vision for long run.
yes so far in the selection of altcoin must be selective because in search of profits must be different, invest in the top altcoin for the long term and trade if there is altcoin that has potential at that time because to trade we must find potential coins.


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January 14, 2020, 03:28:46 PM
 #213

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

Bitcoin was around 20k usd at all time high. It is around 8k usd at the moment. It lost about 60% of its value. On the other hand even major altcoins lost around 90% of their value. So it is normal that people are nervous about holding altcoins nowadays.
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January 14, 2020, 03:44:46 PM
 #214

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

Bitcoin was around 20k usd at all time high. It is around 8k usd at the moment. It lost about 60% of its value. On the other hand even major altcoins lost around 90% of their value. So it is normal that people are nervous about holding altcoins nowadays.
people are nervous because they invested their money without studying the coins in which they invested. those people who are sure that the coins which they are holding are fundamentally very strong - don’t worry that now these coins have lost 90 percent of their value. People are happy about it and they  buy more in order to get more profit later


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January 14, 2020, 03:52:04 PM
 #215

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
Indeed, I think there's nothing wrong with some Altcoins, I know that most of them are crap but there are still good ones that are capable of giving a profit. Altcoins are just like Bitcoin if it falls and so for altcoins, the only thing altcoins doesn't good right now is because we are still in a bear market but I am pretty sure that as bullish trend comes it everything will be good, whether it is Bitcoin or Altcoins. I think it is just a matter of what altcoins are you going to use, I will recommend to choose among the top-ranked altcoins.

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January 14, 2020, 03:58:32 PM
 #216

yes, people are blaming altcoins because they feel shit about it because they lost too much and become mad. i would say it's completely normal if certain altcoins are having a bad day such as Ethereum and any other coins, bitcoin and ethereum are not that connected in terms of price so saying that if bitcoin is up and then altcoin should be up as well is a completely wrong statement.

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January 14, 2020, 04:12:51 PM
 #217

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

You should understand that now cryptocurrency will not grow so simply. Now there is a game and in this game everything goes according to the rules written in advance. For example, if according to the rules of the game in 2020 BTC should reach 20 000 USD, then this will be done, but this does not mean that all other altcoins will also go up. Altcoins also have their own rules in this game, and we can see that non-correct altcrins are growing, while others are not in circulation. All this shows that players act according to the rules and based on them set the movement in the crypto market. Here the main thing is to understand one thing, if this is a game, then we need to play, but this does not mean that everyone will win, there will be those who lose.

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Mihaylovic
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January 14, 2020, 04:28:13 PM
 #218

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

Bitcoin was around 20k usd at all time high. It is around 8k usd at the moment. It lost about 60% of its value. On the other hand even major altcoins lost around 90% of their value. So it is normal that people are nervous about holding altcoins nowadays.
people are nervous because they invested their money without studying the coins in which they invested. those people who are sure that the coins which they are holding are fundamentally very strong - don’t worry that now these coins have lost 90 percent of their value. People are happy about it and they  buy more in order to get more profit later
I partially agree.
But please do not forget that even the very major cryptocurrencies falled down too much. Check ethereum. İt is the strongest crypto currency and has vitalik rulling it. but it even falled too much.
I agree that it is a good chance to buy more for the ones that you believe in.
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January 14, 2020, 05:38:20 PM
 #219

The key to investing in crypto is about time, knowing when to jump in will make you have rest of mind, for example this bear market shrinked the life out of many altcoins like 90-98& off, who do you think will benefit the most if you jump right in now? You will be buying at the cheapest price ever
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January 14, 2020, 05:52:33 PM
 #220

The key to investing in crypto is about time, knowing when to jump in will make you have rest of mind, for example this bear market shrinked the life out of many altcoins like 90-98& off, who do you think will benefit the most if you jump right in now? You will be buying at the cheapest price ever
in investing it is important to determine when to buy and sell and also have potential coins, altcoin may not currently provide much long-term benefits, but we can still take advantage of short-term investments or trading with altcoin. so whatever the coins and investments depend on ourselves when choosing investment time.
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