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Author Topic: 2020 rising altcoin  (Read 1295 times)
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June 04, 2020, 11:15:22 AM
 #41

In fact the crypto market and stock market overall are heavily affected, its just crypto fell for a month and then climbed up (for a reason).
Stock market fell a lot so people were shocked, sold their investments and invested in crypto instead (here is the reason)
I don't know honestly what to expect from this year and this world anymore, our predictions are so random
The reason you gave could be true for some people, because not everyone has the same reason for investing even though the same goal, which is looking for profits every year, so in general what is expected by all investors is to minimize losses and get as much profit as possible on every year.

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June 04, 2020, 12:19:27 PM
 #42

I hope this year is not a weak year for altcoin, after halving in a few days today showed a pretty good price change, look at today's ETH price of nearly $ 245.00 hopefully 2020 will have a different feel.
We can't really tell since we have not seen any strong push from atlcoins since the year of 2017 where all coins had their ATH. We might have seen some established still making some surging but not really that strong like in 2017 and will abruptly went back to bearish after having a short runs.
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June 04, 2020, 12:33:27 PM
 #43

I agree that ETH will not leave second place, until now there is not any currency that can compete with ETH.
Besides, I think that altcoins will hardly grow in 2020. The world is facing epidemics and financial markets face a lot of difficulties so the amount of money invested in the cryptocurrency market will be greatly reduced.


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June 04, 2020, 12:57:17 PM
 #44

I wanted to ask the community which you think are the emerging altcoins of 2020.
We are already halfway through the year and can we have an idea of what the revelations of 2020 were, or was it a weak year for altcoins?
in my opinion 2020 has shown that eth does not give up the second position

Eth will always be number 2 I think, no other coin can gain the same attention and devotion like eth seems to have on its network. I'd like to see LINK do better this year though, and Tezos.
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June 04, 2020, 01:05:38 PM
 #45

I agree that ETH will not leave second place, until now there is not any currency that can compete with ETH.
Besides, I think that altcoins will hardly grow in 2020. The world is facing epidemics and financial markets face a lot of difficulties so the amount of money invested in the cryptocurrency market will be greatly reduced.
Recently I am seeing a lot of altcoin growth. There are even a few altcoins that have grown dozens of times in a short time. We are facing the corona virus but I think it does not affect too much this market

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June 04, 2020, 01:11:09 PM
 #46

We can only conclude when the year is over, right now, we can only hope bitcoin will be bullish and will have its bull run so altcoins season will come but we really never know if it will happen, but we should not easily lose our hope as the history prove itself that crypto market is very unpredictable and it could be bullish in just a very short period of time and create a new ATH.

This is the kind of scenario we want to see, so let us not lose hope and always believe in the past trends that it will happen again.

Always look at the bright side, like this.

From $900 to $20,000: Bitcoin’s Historic 2017 Price Run Revisited


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June 04, 2020, 01:41:22 PM
 #47

I think to hold all good exchange coins like Huobi token, BNB, OKB is the best option as these are the rising altcoins and I will focus on BNB especially as this is the only coin which also remains stable and its value increases in bearish season.

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June 04, 2020, 01:47:27 PM
 #48

2020 is not a good year for the world economy. Many things happened that shook the world economy and made world growth unpredictable and affected the cryptocurrency market. It's hard to predict which altcoin will be able to make good growth in 2020. I think the safest option is to choose altcoin which is in the top 10 coinmarketcap
It's just the coronavirus pandemic. There is nothing wrong with the crypto industry. If anything, 2020 should be a rising and good year for the industry. Just take a look at the whole financial meltdown around the globe, yet Bitcoin and the alts are still coming up strong in price. It shows that they would've surpassed this price level were all others being right.

Well, to the second comment, experience has taught me to choose projects/tokens based on their utility and not on the ranked position on the CMC or any other site. Most times people buy tokens because of hype and not because the tokens have any use case. Some don't even know why they bought it.

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June 04, 2020, 02:05:24 PM
 #49

We can't really tell since we have not seen any strong push from atlcoins since the year of 2017 where all coins had their ATH. We might have seen some established still making some surging but not really that strong like in 2017 and will abruptly went back to bearish after having a short runs.
This could be due to the large number of new Altcoins entering the market after 2017, so that the encouragement of Altcoin is no longer visible and even very difficult to happen, because with the large number of new Altcoins entering the market will also result in very much competition.
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June 04, 2020, 02:50:04 PM
 #50

I agree that ETH will not leave second place, until now there is not any currency that can compete with ETH.
Besides, I think that altcoins will hardly grow in 2020. The world is facing epidemics and financial markets face a lot of difficulties so the amount of money invested in the cryptocurrency market will be greatly reduced.
Recently I am seeing a lot of altcoin growth. There are even a few altcoins that have grown dozens of times in a short time. We are facing the corona virus but I think it does not affect too much this market
The chart has told us the truth about the real condition of crypto market. The pandemic has already gone for crypto and it doesn't give any impact again. This time the majority of altcoins were facing the pump too and it can be considered as altcoin season too.

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June 04, 2020, 02:52:49 PM
 #51

We can't really tell since we have not seen any strong push from atlcoins since the year of 2017 where all coins had their ATH. We might have seen some established still making some surging but not really that strong like in 2017 and will abruptly went back to bearish after having a short runs.
This could be due to the large number of new Altcoins entering the market after 2017, so that the encouragement of Altcoin is no longer visible and even very difficult to happen, because with the large number of new Altcoins entering the market will also result in very much competition.
I don't think it matters a lot of new altcoins, precisely when more and more new altcoins can make exchanges even more alive. there will be a large enough adoption to manage the ever-increasing trade. at present, the only problem is that investment and trade patterns have changed due to the belief in old altcoin and new altcoin.

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June 04, 2020, 04:58:07 PM
 #52

We can't really tell since we have not seen any strong push from atlcoins since the year of 2017 where all coins had their ATH. We might have seen some established still making some surging but not really that strong like in 2017 and will abruptly went back to bearish after having a short runs.
This could be due to the large number of new Altcoins entering the market after 2017, so that the encouragement of Altcoin is no longer visible and even very difficult to happen, because with the large number of new Altcoins entering the market will also result in very much competition.
this year is very different from 2017, we can't seem to expect all altcoins to rise to a new All Time High, but there is hope for good projects like THETA, there are still lots of altcoins from good projects, we'll just wait for to the moon

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June 04, 2020, 05:14:29 PM
 #53

in my opinion 2020 has shown that eth does not give up the second position
ETH is amazing so it's always a plus to have it. Due to the rumors and updates regarding the PoS 2.0, this is gaining momentum and you shouldn't miss that.
I have been holding my ETH with the hopes that I can get a good return after waiting for a long time in losses.

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June 04, 2020, 05:19:47 PM
 #54

I agree that ETH will not leave second place, until now there is not any currency that can compete with ETH.
Besides, I think that altcoins will hardly grow in 2020. The world is facing epidemics and financial markets face a lot of difficulties so the amount of money invested in the cryptocurrency market will be greatly reduced.
Recently I am seeing a lot of altcoin growth. There are even a few altcoins that have grown dozens of times in a short time. We are facing the corona virus but I think it does not affect too much this market
In fact, there are a lot of altcoins that have increased well during this time, but those altcoins cannot reflect the overall situation of the market.
We all know that the world financial situation is facing many difficulties, the amount of money invested in the cryptocurrency market will be cut, so the altcoin market is unlikely to have high growth in 2020.


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June 04, 2020, 06:36:39 PM
 #55

in my opinion 2020 has shown that eth does not give up the second position
ETH is amazing so it's always a plus to have it. Due to the rumors and updates regarding the PoS 2.0, this is gaining momentum and you shouldn't miss that.
I have been holding my ETH with the hopes that I can get a good return after waiting for a long time in losses.

    Tabas we are on the same page here. I think in long-term Ethereum will make new ATH and probably we will
have a new high price of Ethereum in next few years. For me the newest update is work of developers, Ethereum
is becoming better with time, more popular! Who knows how much Ethereum can worth in next 5 years.
   On list of potential alt-coins I would put Link, Matic, my newest investments. Binance coin, Tezos and Litecoin.
I have a long list and I wait for next bull run!



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June 04, 2020, 06:42:13 PM
 #56


Cardano is probably one of the most profitable coin to go up this 2020. months ago it was just $0.04. Now, its about to rise up to $0.10 just after the bitcoin halving. But most probably the exchange native tokens are going to go up mainly because newcomers of cryptocurrency investors are going to be using the exchanges. We are seeing the rise of BNB, Huobi Token and OKB. Other exchange coins are going to follow its rise too as long as there are traders coming.
Maybe next great altcoins are Tezos or Chainlink? I like on Chainlink the fact that they do not have almost any competitiors and they focus on real needs. Connecting the blockchain with real world through Oracles looks good, right?  Wink

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June 04, 2020, 07:00:39 PM
 #57

I wanted to ask the community which you think are the emerging altcoins of 2020.
We are already halfway through the year and can we have an idea of what the revelations of 2020 were, or was it a weak year for altcoins?
in my opinion 2020 has shown that eth does not give up the second position

I would say that so far, 2020 is turning out to be a very disappointing year for the altcoins. There are a few coins with good potential, showing some promise. But I would say that they are too few and far between. One coin that has caught my attention is Tezos. Chainlink also is doing pretty good, at least when compared to the more experienced altcoins such as Ethereum and Litecoin.
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June 04, 2020, 08:47:32 PM
 #58

Ethereum? We are talking about the second biggest currency in the crypto marketing having a huge overhaul that has been waited for over a year now and when it happens it is going to destroy all the miners and will be staking and everyone will want to have ethereum so that they could stake and make a profit from it, just having it will make you profit.

Think about it this way, when it is proof of work you mine it, but you also sell a ton of ethereum to pay the electricity that costs you to mine it, so the price always has this pressure of selling all the time, but when you are staking, the more you stake the more you are going to earn, so the staked coins that you staked will be staying so that you stake more. It is going to be incredible and there will be a huge skyrocketing price.

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June 04, 2020, 08:52:33 PM
 #59

I think that 2020 showed us that now the altcoin market has changed very much and most likely it will continue to change. I have started to believe in new projects much stronger than in old ones that occupied leading positions in 2018-2019.

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June 04, 2020, 08:55:19 PM
 #60

QNT

-> nice product, still widely unknown, good team, and big announcement (beta of their plattform overledger network) for end of june, low marketcap:
https://coinmarketcap.com/currencies/quant/

100% up since march, below ath and still rising fast, due to the expected announcement end of june

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