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Author Topic: Nothing is wrong with altcoins  (Read 2836 times)
Adriano2010
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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

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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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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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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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nicolas1979
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AZBI NETWORK - Multichain system


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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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