Is this a bad time for altcoins?

[wajik-tempe]

In this current market condition, if bitcoin is stable above 39k i think good altcoins will rising. Good altcoin means altcoin with a good fundamental and great projects ahead. Meme coins are rising because of whales are pumping it with purpose of trapping newbies, so you can choose to follow the wave and get out in the right time to make profits, or you can just ignore those and focusing on buying good altcoins

[Sterbens]

don't rely on meme coins for long term investment, currently Bitcoin price is going up, many altcoins are slowly starting to follow while meme coin growth is based on some communities deliberately pumping for attention.

It should be noted again, many big investors play the price of coin memes so that beginners start to feel like they already hold the coin of the future. but actually it's just a vehicle for traps. stay focused on projects built on high volatility crypto networks and great attraction for investors.

[mobtc]

There are many altcoins appearing every day, which leads to more and more scattered funds.
At present, the price of many altcoins may drop to zero in a short time, so it is best not to participate more in altcoins, do not hold them for a long time.

[huu78]

so you think meme coins are not altcoins?
all other types of coins besides btc are altcoins no matter what field the project is in it's called altcoins, and regarding what you said maybe it's not time for them to go up, or their rise doesn't happen quickly and takes time.

[vlast01]

I think having a bearish market is really not a good time for altcoins but that just how market works sometimes is in bullish and sometimes in bearish and for now is a bad time as we can see the price of altcoins but the good thing is that we can buy the altcoin we wants and hold it till the bullish market comes.

[rozak]

altcoin momentum will start when BTC has stabilized above. we are looking at how BTC is fixing its price. when you see BTC is stable then soon altcoins will make a long rally.
what happened when yesterday's correction should have made us realize that BTC is reframing the market to make trading and adoption increase again. because when the market is too overpowered at the top, it's also not good for new investments.

[Wend]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

There are lots of memes coins flying and some of them becoming a shitcoins in no time.
As you can see many of them are dead already and not have a chance growing up, So we need to be careful all the time and be aware from those meme coins. If have some new altcoins must better to search them first  before to doing something.

[Woodie]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

Because shifty coins are out there trying to siphon money out of real projects  or coins.  What do I mean, well these guys use strategies of pump and dump so they create that picture of the project  to be doing well when the pump and people invest in these shitty projects but when the owners exit this time bomb of a shitty project... value crashes too when the devs dump their holding for legit coins and it ends as an exit scam. So be on the look out don't fall for such, if it's too good to be true then it ain't!

[CoinFoxs]

It all looks red to me... until BTC goes over 40 K again! especially when and if it heads for 40 K!

Bitcoin already reached its all-time high price now it will stay between 30k$ to 42k$ but this is the right time to buy altcoins because all altcoins are at their lowest price and altcoins will grow and reach their all-time high prices, buy as many altcoins you can if you really want to get some good profit. Altcoins pump is near so buy and hold to get profit.

[dhemasm]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

It's not enough only with some concept, Today the project need MVP, Huge Marketing Program and Backed by some partners or listed on BIG CEX First, it was possible to do it in a cheap way too but the project need solid community and sometimes Meme too, tons of other coin was going to big with just Shilling the most simple example was $SHIB and of course $DOGE. Well, Crypto market was unpredictable, You can't predict accurately what will happen in the future.

[xzone]

it's a bit annoying. Memes that were created as a joke or have no technical side reached quite high prices and caused many new investors to invest in these coins.
When the bull season is over, everyone will see that these memes are useless, the coins with working technical teams will gain value again. It takes good community support and advertising to fly

[Fredomago]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

Because shifty coins are out there trying to siphon money out of real projects  or coins.  What do I mean, well these guys use strategies of pump and dump so they create that picture of the project  to be doing well when the pump and people invest in these shitty projects but when the owners exit this time bomb of a shitty project... value crashes too when the devs dump their holding for legit coins and it ends as an exit scam. So be on the look out don't fall for such, if it's too good to be true then it ain't!

Adding to that, investors and traders are riding with quick gains they tend to follow those shitty projects knowing that pump will happened along the way, they are willing to take the risk and take whatever possible amount when it happen.

We can't blame those people as they are willing to risk their money following those shit project which intentionally created to bring pump and dump asset.

before dealing with anything better to know first your willingness to risk your money, not easy to earn quick money from this market, very possible that you'll lose it than earn from your investment if you don't have any solid idea from what you are doing.

[bekti3]

That flying meme coin clearly has someone working behind it with a crazy pump. but for other altcoins it's not because they only focus on meme coins
but whatever it is, meme coins will still be meme coins nothing more than that because this coin goes up just because of the pump and when this pump is over you should know what will happen to this coin

[eaLiTy]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

The developers can promote the coin and it all depends upon how the investors are attracted and whether they wanted to invest in them, it is true that there are many good projects that are not getting the desired attention and investment while some of the meme coins are flying and it is because of some influential people boost them and shilling for them and that is the only reason meme coins like Doge and others are flying high and people think that they can make a profit with them.

[Dread Pirate Roberts]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

it all depends on the developer and community, many projects that have a good vision and platform but without enough money and community support still don't work, and for meme coin right now I think this is just a trend and won't last forever. the only troll coin that i believe had strong community is doge.

[Asuspawer09]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

It is actually the thing at this time where there are just some meme coins that just without and skyrocket their market price in the market, Its a matter of community and something about proving that it is not all about utility or something like companies, like stocks that have the ability to push the price in the market.

At the same time I guess when it comes to meme coins it is all about hype or pump and dump so we could experience a pump really fast or in just a short time it could easily pump at a very high price and also dump really fast as well, so people could easily make a profit in that so maybe people always like a gamble since it is always an easy profit for investors.

The Doge coin is a little different since its the start of the meme era, and the community of DOGE coin is just huge at this time, so even though it is dump i just cant see it going back to its initial price.

[isaac_clarke22]

~

Well it is a meme surging out hypes out in the media. What do you expect from these anyway?
It is up for just quick profits nonetheless actually. It isn't for your long-term investment in the end so that is that.
Memes will be memes and it should just stay a meme not something to be technical of.

[seleme]

l don't say that it is a bad time for investing in altcoins, that is why most of them have decreased in the last few days. It is a good time to invest in some of them which have more potential to be successful in the future. l prefer investing in top altcoins, for me, they have more potential than other cryptocurrencies. But there are also other potential projects, we should make hard research to find them.

Because of the hard speculation around the crypto market, the market going up down, up down. This roller-coaster market mode will stay with us for a long time, so be prepared for the new market crash. In long term, the price of altcoins will reach ATH levels but the question will we be patient enough to sell at that price levels..

[speedforce]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

Because the whales hold the price not to flying, they want to accumulate slowly to have as much as they can.
Also, theres not many hype to pump the price like meme coins. Its pure my opinions but i see it true on some community.

[Yaunfitda]

Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?

Because the whales hold the price not to flying, they want to accumulate slowly to have as much as they can.
Also, theres not many hype to pump the price like meme coins. Its pure my opinions but i see it true on some community.

Give them some time to developed, investors tend to put their money for quick bucks that's why they love meme coins, simple pump and dump and then they get out. However, there are really smart investors on the market, who will choose coins very carefully before they invest and they usually go for solid coins, or at least in the top 10. Meme coins will have its days, when the market is saturated or at least the hype has died down, those meme coins will be forgotten, like what happens to the ICO craze in 2017.