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Author Topic: Altcoins will reach all time high on 2021  (Read 1753 times)
cryptoxicate (OP)
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November 20, 2020, 10:21:22 PM
 #1

https://cryptoxicate.xyz/wp-content/uploads/2020/11/Altcoins-will-reach-all-time-high-on-2021_SMALL_Banner_Cryptoxicate_com.png

**Always take in consideration non of this information is financial advice, I’m no expert and this is just my personal opinion on certain project mention on this article, cryptocurrencies are extreme high risk assets and you must do you own research**

This bull market feels different than the one on 2017 or may be its because I was not into crypto on 2016 and this is just the start of the bull market, sometimes I think its the case the main reason is because Bitcoin and the rest of the market has not even got to all time highs and a question that always come up is "Will Altcoins reach all time highs?".

Different from 2017 there were not that many altcoins and its my impression from the market that some of the OG altcoins that have been dropping since then are not really performing and part of the crypto enthusiast see them as they wont reach all time highs, IN MY OPINION not all altcoins will reach all time highs but some of them will, in crypto its hard to tell what coins will go to new all time highs because different from other markets its purely based on the tech and not on profits generated from the "token" but that's starting to change with DeFi because now those platforms can be evaluated based on the amount of assets they hold, other types of tokens or coins are still hard to evaluate.

What I look into a coin?
- Working Product, not just promises
- Large community
- Development
- Public face
- Tokenomics

Ethereum Chart, needs to do about 178% to brake all time highs.

https://cryptoxicate.xyz/wp-content/uploads/2020/11/Pasted-into-Altcoins-will-reach-all-time-high-on-2021.png

**I do not hold all the tokens I'm going to list**

Here a list of coins that I'm invested back from 2017, not that I'm holding since then but are from those times, this coins may go up to new all time highs.

- Ethereum
- Binance Coin
- OMG
- DigiByte
- Horizen
- Waves
- Cardano

Q: Why is this list so short?

A: Most coins would have to do over 10x in a single year and it will depend on how much NEW MONEY will enter the market because then it runs out, the amount of money in the market or participants will be too thin.

I came up with this short list from going through nomics.com top 250 coins, most of the coins from 2017 probably have to do over 15x to get to all time high levels, not that its impossible after all the amount of volatility seen on the crypto market has no comparison so we never know how high a coin can go but the reason why I'm writing about this is mainly because I know there are some people out in the market holding since 2017 some coins that may actually not make it to all time highs and a golden rule of investing or trading is cut your looses quick. Some aspects of crypto that I think are weak or dead are staking coins and masternode coins, this are sections of crypto that has become very weak overall and have be surpass by others like DeFi.

What I have been doing lately is focus on new coins, when I say new coins I'm not talking about obscure tokens or pre sales, I'm talking about coins from the last two years that have potential and better if they already have a working product, I may take a risk here and there but my strategy is different that what I did on 2017 main reason is because now I know how risky is to invest on pre sales or coins nobody knows, yes you will find that GEM that you get in first and make a ton of money IF everything goes well so I'm trying to take away or reduce the "IF" and going with projects that have been innovating since 2017 but also keep performing in price and this is hard because even the small list of coins I post above most of them went down over 80% since the previous bull market but they are not too far from that all time high target and don't have to do above 10x to get there, I still believe there is still plenty of time for this projects to get there.

What new coins I'm looking at, that will definitely go way high at bull market peak

- Uniswap
- Celsius Network
- Chainlink
- Aave
- Sushi
- Kyber Network
- Polkadot
- Tezos
- Vechain
- FTX
- 0x

Vechain USD Chart, needs to do about 139% to break all time highs

https://cryptoxicate.xyz/wp-content/uploads/2020/11/Pasted-into-Altcoins-will-reach-all-time-high-on-2021-1.png

This list is way larger and its not all, there are many new projects that are very exiting and will keep thriving, same as the bull market is just starting I believe the DeFi season we had a few months ago is just the start, different than the ICO area DeFi has products as I mention before something that financial entities can now will be able to evaluate same as traditional companies get evaluations, DeFi is an experiment that is just starting and a new wave of this projects will come up.

Keep in mind that this is just my opinion and I could be totally wrong about some of this coins, after all there are thousands of coins out there that will pump like crazy on next altcoin season and this is just my perception of the market based on news and price actions of some of this coins. I know the expectations of most people is that altcoins will do all time highs same as Bitcoin will but first the market need new blood new participants then more money can flow into altcoins once Bitcoin takes a break and the rest of the market start to move as fast or even faster than Bitcoin just be very selective in the projects you put your money in.

I hope this articles provides you a guide of the aspects I look for before buying a coin for the long term.

Thanks

Website: https://cryptoxicate.com

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November 20, 2020, 10:57:01 PM
 #2

There is a change of your coins from 2017 and to this date. I guess we have the same taste in investing way back then but it didn't change up to this moment.
The wave from the defi is also important for investors to check out which will be their next choice of altcoins. But I'm confident that in all of them, Ethereum will be getting back its glory.

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November 20, 2020, 11:00:54 PM
 #3

The next pump for altcoin will be even bigger than 2017's pump. Bitcoin was getting a very big pump caused by it has a very strong fundamental started from bitcoin being used by a lot of big name as investment. This is definitely affecting the bitcoin.
Altcoin could have a very big pump in the future. I believe if it will be more than what it was before. The golden time for altcoin will come. The defi trend is not so strong as it was before.
It's better to buy the promising coins that have fully working product.

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November 20, 2020, 11:09:38 PM
 #4

The next pump for altcoin will be even bigger than 2017's pump. Bitcoin was getting a very big pump caused by it has a very strong fundamental started from bitcoin being used by a lot of big name as investment. This is definitely affecting the bitcoin.
Altcoin could have a very big pump in the future. I believe if it will be more than what it was before. The golden time for altcoin will come. The defi trend is not so strong as it was before.
It's better to buy the promising coins that have fully working product.

That is the magic word here, coins that have fully working product. Look for projects that have actual use case and as much as possible with high number of users. Because the life of a particular project depends on how they are attracting users to utilize their platfom. Without their customers, the platform will not generate income. So look for coins or tokens that are heavily used by their respective customers. It is better if their use case is dedicated to be used in every day living of a regular crypto user, this will make a good adoption in the crypto industry.
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November 20, 2020, 11:30:36 PM
 #5

Sleeper staking projects will have a much higher increased compared to every other altcoins. Big players entering the market want to gain passive income in the crypto form. Currency that gains no interest over time will give much smaller return over the next decade. For example, coins like RADS, ADA and ETH (after POS starts) will skyrocket more over the next decade than other POW coins or other tokens.
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November 20, 2020, 11:33:51 PM
 #6

Big change in the market in comparison to the year 2017. By then the number of cryptocurrencies found was quite around 2500. Now this has been reaching close to 8000. The market widening can be known through this increase, and there is better understanding about the growth and risks.

People never get into any form of hype. During 2017 the growth of ICO's played a big role in the market pumping of altcoins. This time it was defi, but we haven't got any effective output till now. Ethereum 2.0 is expected for the pumping of altcoins, hope something big happens with altcoins as well.

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November 20, 2020, 11:52:27 PM
 #7

This time it was defi, but we haven't got any effective output till now. Ethereum 2.0 is expected for the pumping of altcoins, hope something big happens with altcoins as well.
What output do you expect? I think Defi already brings a big output. It is about another spirit of people to support the crypto world. Regarding ETH 2.0, let's wait for the impacts. It shouldn't bring impacts suddenly. It needs time to show people the difference between ETH 2.0 and the previous version. However, ETH 2.0 can rise people's interest in crypto anymore, especially in ETH.


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November 21, 2020, 12:04:04 AM
 #8

I am not certain that the entire altcoin market will rise as there are many dead coins but the top coins will have a huge stride and with the way the market is moving anyone who invested a year back will be reaping a substantial profit. I was expecting a correction a while back but to my surprise the market keeps on rising without showing any signs of weakness.

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November 21, 2020, 12:13:17 AM
 #9

I'm partly in support of your view, but cryptocurrency industry is quite unpredictable that I cannot fully back your projection. However, I I'm also eyeing some of those altcoins you mentioned. Already, I'm a big fan of Aave, Kybernetwork, and Cardano. I believe they will perform beyond expectation in 2021.
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November 21, 2020, 02:56:36 AM
 #10

We can only wait and see. There are already altcoins which have been soaring really high for the past weeks. But still the strongest right now is Bitcoin so it is normal that altcoins' rally will not be as strong as Bitcoin. But who knows what happens to them when Bitcoin creates an all time high? Perhaps a lot of Bitcoin owners will sell some for altcoins. When Bitcoin corrects the altcoins will receive the money diverted.

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bitcoin31
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November 21, 2020, 03:44:17 AM
 #11

People are wants to see the value of the altcoins just like in 2017 because right now the value of the bitcoin is near to the ATH so crypto user are expecting will rise the altcoins a lot but it's not happen . Maybe  next year the value of the altcoins will increase very high befause every things need time to improve again . Don't rely to the bitcoin of the movementfor the price of the altcoins they have differences also.
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November 21, 2020, 06:21:18 AM
 #12

Based on what I read on many opinions and predictions from different public personalities and somewhat called them as crypto experts the next bull run coming has a big difference compared to what happened last 2017, this time Wall street traders and institutional players are entering bitcoin now this is really a huge money coming into crypto and everyday we can see a huge market cap in cryptocurrency within the next year I hope we can expect more volume added everyday the last bull run we saw will be like a very tiny chart compared to what is coming we have to be ready adoption from every corners of the world are slowly happening stay updated.     

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November 21, 2020, 07:04:13 AM
 #13

most of coin have plan on it, development already took many years in silent ... and wont miss this advantage to reach new ath on usd pair

forgot about new ath in btc pair, it wont happen again like 2017, we're going to ride the waves and dont fall before the show end

see on sky and beyond...cheers  Grin

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November 21, 2020, 08:14:59 AM
 #14

We can only wait and see. There are already altcoins which have been soaring really high for the past weeks. But still the strongest right now is Bitcoin so it is normal that altcoins' rally will not be as strong as Bitcoin. But who knows what happens to them when Bitcoin creates an all time high? Perhaps a lot of Bitcoin owners will sell some for altcoins. When Bitcoin corrects the altcoins will receive the money diverted.

Staying affirmative on some of coins bought early and looking forward for some good run to happen in altcoins. Currently the altcoins season has not yet started it seems due to which some coins inspite of renowned coins are falling and also buying at dips is good thing since once it starts to rise it will be rising very quickly.

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November 21, 2020, 11:09:56 AM
 #15

All coins in your list are very strong, stable and all have the chance to cost even more. When I look back in 2017, there was great potential if the right trend could be identified in time. But, the opportunities still exist because the market has changed a lot since 2017 and is still going to change

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November 21, 2020, 11:24:01 AM
 #16

Bitcoin have receiving a great pump & probably all time high. Next pumped in altcoin in 2021 is not possible as i think. Because of fake ICO/ICO/ido etc. This are the biggest culprit that doesn’t letting or giving opportunity to price up the main altcoin.
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November 21, 2020, 11:49:31 AM
 #17

All coins in your list are very strong, stable and all have the chance to cost even more. When I look back in 2017, there was great potential if the right trend could be identified in time. But, the opportunities still exist because the market has changed a lot since 2017 and is still going to change
Yes, I agree with you.
I think that ethereum, binance will increase. For digibyte, waves, cardano, maybe that coin can have the opportunity to grow again after it reached the highest price in 2017.
I am not sure about the new coin or token, but I think some of the new coins can increase too, although we don't know when it will grow and what coin can increase.
The token such as Uni, Sushi, Kyber, and Polkadot also have the opportunity to increase in the next altcoins season, but we need to be patient to wait for that time.
But I think this altcoin season will not be the same as what we saw in 2017 because bitcoin will break more than $20k, and that can lead the altcoin to rise so high.
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November 21, 2020, 12:32:51 PM
 #18

There are some speculations from big companies such Citibank claiming that the Bitcoin may reach $318,000. Well it's great since people are positive about the price of Bitcon let's just wait for what will happened I hope they're true about this.


1. https://www.forbes.com/sites/billybambrough/2020/11/19/leaked-citibank-report-reveals-bitcoin-could-rocket-to-300000-price-by-end-of-2021/?sh=19d858cb6eab

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November 21, 2020, 02:03:15 PM
 #19

There are some speculations from big companies such Citibank claiming that the Bitcoin may reach $318,000. Well it's great since people are positive about the price of Bitcon let's just wait for what will happened I hope they're true about this.


1. https://www.forbes.com/sites/billybambrough/2020/11/19/leaked-citibank-report-reveals-bitcoin-could-rocket-to-300000-price-by-end-of-2021/?sh=19d858cb6eab
At least the whole of 2020 was full of new forecasts regarding the prospects for the cryptocurrency market. But one way or another, the most important cryptocurrencies in the world, Bitcoin and Ethereum, have real prerequisites for growth potential. Today, Bitcoin has significantly increased its capitalization after halving, especially over the past month, and this indicates a real attraction of investors' funds. And ETH should show itself after the Ethereum 2.0 update.

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November 21, 2020, 05:21:29 PM
 #20

The next pump for altcoin will be even bigger than 2017's pump. Bitcoin was getting a very big pump caused by it has a very strong fundamental started from bitcoin being used by a lot of big name as investment. This is definitely affecting the bitcoin.
Altcoin could have a very big pump in the future. I believe if it will be more than what it was before. The golden time for altcoin will come. The defi trend is not so strong as it was before.
It's better to buy the promising coins that have fully working product.

the big movements on bitcoin price started by the news from paypal, and its continues until now
and i agree with the OP, the right time for altcoins tto grow and create new high in price is next year, just be ready and hold only a good altcoins

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