Reason behind ALTCOINS not bouncing Back

[TrevorS]

I admit I can’t agree with you 100%. Of course, some startups do affect the market to a large extent when they sell their collected funds.
However, how do you explain the fact that most of the coins on the market act synchronously.
Can one or several startups influence the whole market, I don’t think so. It is obvious to me that the whole market is under a certain manipulative influence of large players.

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[shoreno]

 whales and manipulators do get bored too but they arent hopeless because they do control the market anyway so they know that there will always be a hope for the coin to go up  or even go down  . but i cant only agree with this  " if a project is strong why it will be affected by a sh*tcoin performance "  if you are only invested on a solid project why would you bother investing a on a bad one  ?  this isnt also the reason for the alts to go down  .  also binance fomo is now over   .  laslty i believe  that  dumping of one project cant really affect the other

[Kelvinid]

There is one thing that could hold altcoins to soar high is because of trust issues where investors are still in doubts for altcoins capability especially those on the bottom. It was broken last 2018 after the hypes dried out and many investors suffer big losses because of their trust in altcoins. That gives them a reason also to consider Bitcoin first rather than having altcoins. The devastating scenario that it happens before is somewhat people are also afraid of happening again and even they invest altcoins, they are picky and it absolutely they will chose on the top altcoins.

[Stedsm]

The reason behind alts not rising this time could be because the money has all been shifted into leveraged and marginal markets where even a small move brings exceptional profits against what a trader gets while trading alts. I'm not saying that alt season is yet to begin as it has already started, but the pumps are not so big and only a few coins are performing good where you get to see ~100% greens and others only move 10-15-20% and a bit more but the range is almost the same.

[mahilchii]

Not exactly, Whenever there has been a pump in the value of bitcoin it has affected tops altcoins positively and if you are talking about the newly launched coins those are honestly shitcoins wherein most of the developers just wants to get rid of it once it's listed as they lack the long term plan and investors are not fools to go ahead and invest in something which they know will be dumped, rather investors have started shifting funds to established top altcoins.

[irixo10]

Since last few months almost majority of trader/Investor are seems like hopeless or bored from this dead marked, Expect whales or manipulator. Here are many are at safe side by making some decent moves during a little recovery season, But still a majority of peoples are in extreme loss or average loss. Here is many aspect behind the all scenario. A few are following:

        a) We always expect a big hit and don't trade according plan.
        b) Many strong projects are effected due to shitcoins performance.
        c) Altcoin will still remain dead due to Bitcoin's FOMO
        d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
        Most project dump their whole supply in market on its investors.

When a project have nothing to offer why would investors still get involved with it? When a project losts track of their vision why would Investors still associates with it? When a project still finds it hard expanding their services and growth why would investors associate with it? When a project is affected by all these why getting involved when there are better options. In my own opinion I tend to deviate a little from your list because even when Bitcoin is growing in price there are altcoins also doing that with it. Bear market affects all coins and during this time if a project shows lack of concern investors will move to another which have a good chance of recovering from the bear market, that is why when most will bounce back some won't..

[rdewilde]

I will start with your last point, most projects are too concerned about getting funds that they end up dumping huge volume of their supply on investors which ends up making the price bad and also hard to recover. From this single act one can't be mistaken for saying the team are just looking for a way to exit the project because I can't understand how a project team will do such without careful consideration. Lastly the aspect of altcoins not having any value due to Bitcoin fomo, I don't agree with it, good altcoins will always maintain their value even in the midst of Bitcoin fomo which also makes the altcoin to grow as well.

[Japinat]

I will start with your last point, most projects are too concerned about getting funds that they end up dumping huge volume of their supply on investors which ends up making the price bad and also hard to recover.

I think that's really the main goal when a project is raising funds, as much as possible they want to raise the hard cap as that would also reflect the success of the project. When it's listed in an exchange, the effort of the team is just to list the exchange and once its in exchange already they can't control the price anymore, so they should not be blame since we know this is the game, there are investors who likes to cause panic for their advantage.

[ife2020]

There are several reasons why altcoins refuse to bounce back, and it is normal.

When an altcoins trades at 0.2$, several traders come in and several dumps, when the altcoins climatize and price goes towards 0.01$,there are buyers buying the bottom and people selling off at loss.

If such altcoin will moon, farthest is 0.02$, with buyers at 0.01$ taking profit and leaving the token to the bottom

[redsun114]

       a) We always expect a big hit and don't trade according plan.
        b) Many strong projects are effected due to shitcoins performance.
        c) Altcoin will still remain dead due to Bitcoin's FOMO
        d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is

I'm not getting your first point. Everyone invest with the belief of huge hit of a coin which they are going to invest with. What will be the plan here to act according to that? You mean we must book profits at that coin's peak and wait for buying for dips again? But I believe this is not the way people are investing into altcoins.

People are investing with the long-term plans or at least a short-term plan for few months and most people here are not having any plan to trade according to the fluctuation of a coin. Because, people who are looking for making money based on the fluctuation of a coin must be sticking with highly reputed coins and never look for potential of new project and their coin/tokens.

[bearexin]

       a) We always expect a big hit and don't trade according plan.
        b) Many strong projects are effected due to shitcoins performance.
        c) Altcoin will still remain dead due to Bitcoin's FOMO
        d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is

I'm not getting your first point. Everyone invest with the belief of huge hit of a coin which they are going to invest with. What will be the plan here to act according to that? You mean we must book profits at that coin's peak and wait for buying for dips again? But I believe this is not the way people are investing into altcoins.

People are investing with the long-term plans or at least a short-term plan for few months and most people here are not having any plan to trade according to the fluctuation of a coin. Because, people who are looking for making money based on the fluctuation of a coin must be sticking with highly reputed coins and never look for potential of new project and their coin/tokens.

Yes, investing into altcoins and trading are completed two different things and we should not mix them. People are taking time to do their due diligence for finding a potential coins. It means they are investing and not trading. For finding the right asset for trading, they do not need much time because just technical analysis will be enough and people are known for doing technical analysis for minutes to generate their trading signals (buying and selling points).

Moreover, if you look for buying back an altcoin at its dips and I believe most altcoins are not bouncing back. It means most altcoins are not good for trading regardless of its roadmap and potential.

[tiang_tower]

Too altcoins are on the top list of ranks for a reason, they are less risky to invest on compare to new altcoins or altcoins that never make it to top 100, some new altcoins will still find their way to top ranks but it's not that easy to fish them out, all I know is altcoins with rare use cases will always have good results

Yes, that's right, for new altcoin it will indeed be very difficult to move up to the top rank, because the competition between altcoin at this time is already very much, and the new altcoin will certainly be a little difficult to compete with the old altcoin that is already top or popular.

[Helpme_please]

Yes, investing into altcoins and trading are completed two different things and we should not mix them. People are taking time to do their due diligence for finding a potential coins. It means they are investing and not trading. For finding the right asset for trading, they do not need much time because just technical analysis will be enough and people are known for doing technical analysis for minutes to generate their trading signals (buying and selling points).

most of people didnt understand with this concept. they thinking investing and altcoin was the same thing. when they didnt understand this mean, i am sure they will take wrong purpose in their goal

[Vishnu.Reang]

During the last decade, more than 10,000 different cryptocurrencies had been created. But how many of them are undergoing continuous development now? In the vast majority of the cases, the promoters and developers have exited the coin, after pocketing whatever they could gather from the market. Under such scenario, it is not surprising that the prices are going down.

[X-ray]

Yes, investing into altcoins and trading are completed two different things and we should not mix them. People are taking time to do their due diligence for finding a potential coins. It means they are investing and not trading. For finding the right asset for trading, they do not need much time because just technical analysis will be enough and people are known for doing technical analysis for minutes to generate their trading signals (buying and selling points).

most of people didnt understand with this concept. they thinking investing and altcoin was the same thing. when they didnt understand this mean, i am sure they will take wrong purpose in their goal

That's why so many newcomers are getting fooled by the shillers especially those are always creating FOMO to the chatroom. I have seen so many people getting trapped caused by the big dump has already come after they have bought their tokens caused by they have followed the FOMO that already created by those people. Just hope the newcomers wanna try to get some education before they try to go to the crypto.
Those concepts are easy to be understood.

[TheGreatPython]

The reason behind alts not rising this time could be because the money has all been shifted into leveraged and marginal markets where even a small move brings exceptional profits against what a trader gets while trading alts. I'm not saying that alt season is yet to begin as it has already started, but the pumps are not so big and only a few coins are performing good where you get to see ~100% greens and others only move 10-15-20% and a bit more but the range is almost the same.

Not just due to money flow is shifted into leveraged and marginal trading but there is no attractive investment opportunity available among altcoins. Yes, when ethereum was attractive enough and ICO market was doing very good, we have seen many altcoins are bumping and the entire altcoin market was doing good.

Yeah, we need some good performing altcoin for most other all coins to  bounce back. Because, when people are planning  to invest in cryptos, they must be looking for various options and is they will first invest with the good performing one and then other existing reputed coins. This is how the total market will be bouncing back but this time the leader is missing.

[Destroyeroff98]

Since last few months almost majority of trader/Investor are seems like hopeless or bored from this dead marked, Expect whales or manipulator. Here are many are at safe side by making some decent moves during a little recovery season, But still a majority of peoples are in extreme loss or average loss. Here is many aspect behind the all scenario. A few are following:

        a) We always expect a big hit and don't trade according plan.
        b) Many strong projects are effected due to shitcoins performance.
        c) Altcoin will still remain dead due to Bitcoin's FOMO
        d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
        Most project dump their whole supply in market on its investors.

Bitcoin has a significant impact on all Altcoins. And since Bitcoin has now fallen in price, most Altcoins will follow.

[FanEagle]

we need some good performing altcoin for most other all coins to  bounce back. Because, when people are planning  to invest in cryptos, they must be looking for various options and is they will first invest with the good performing one and then other existing reputed coins. This is how the total market will be bouncing back but this time the leader is missing.

I agree if there will be one good performing altcoin, the most other coins will be following it by attracting different level of investors around the globe. I do believe no one will be investing their all 100% into bitcoin kind of highly reputed coin because they must be following the diversification principle. So, they must need some other altcoins too.

Before Ethereum, litcoins was the leader for altcoin markets, and based on the performance of litcoins, altcoins markets got chances to bounce back time to time. All these are pushing us to think about having some new innovative coin so that the entire altcoin market will be bouncing back. That kind of new innovative coin may be hitting this market at any time but we have no other option other than waiting for that.

[ven7net]

Since last few months almost majority of trader/Investor are seems like hopeless or bored from this dead marked, Expect whales or manipulator. Here are many are at safe side by making some decent moves during a little recovery season, But still a majority of peoples are in extreme loss or average loss. Here is many aspect behind the all scenario. A few are following:

        a) We always expect a big hit and don't trade according plan.
        b) Many strong projects are effected due to shitcoins performance.
        c) Altcoin will still remain dead due to Bitcoin's FOMO
        d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
        Most project dump their whole supply in market on its investors.

And why do you think that right now there should be a growth in altcoins? If you remember the end of 2017, you know that growth can only be when there is a massive purchase of cryptocurrency and not only by large players, but by the crypto community. Do you want to get a new flight to the moon? Then you need to wait for the signs by which we will see this event. Here are a few of them: they will talk about the advantages of cryptocurrency on every corner, banks will sell cryptocurrency, the introduction of cryptocurrency to our lives. Understand that a flight to the moon can only be if the cryptocurrency is bought in bulk, the only way the price goes up. I think you still have to wait 1 - 2 years, but you can already prepare.

[Harlot]

       c) Altcoin will still remain dead due to Bitcoin's FOMO

Even though Altcoins cannot mimic what they did during the late 2017 they are still somehow mirroring Bitcoin's movements the only difference is they aren't as high or as near in their ATHs when they are moving along with Bitcoin. The only thing I see why the bear market that was triggered after the 2017 bull run cause some kind of FUD that made a lot of demand go away from Altcoins, most people who entered the market during the bull market are looking for the "Next Bitcoin" that's why they resorted in looking at Altcoins the problem is all the newbies who bought them all lose their money because of a bad trade. This cause a lot of demand going out from the market and all what is left are still the ones trusting BTC and the crypto industry.