Is this a bad time for altcoins?

[molsewid]

I don't see that there's a need to worry about the current market condition. In fact, you should be happy and excited with what it is showing. The stableness that it has been for the past weeks can likely show that it's going to have its rise soon.
The bear market doesn't really look like the bear market as everyone is describing it. Look back a year ago, and you'll realize that it's not really bearish.

Somehow there are some or many altcoins that were doing great today even if we are speaking it out that the crypto market are in a bearish market. In fact there are some altcoins made its way to soar high today even though we're been worrying about the market status of bitcoin because we do believe that it may greatly affect altcoins too. But it seems that we are now totally dealing with a different crypto market, a far way different from the last time the crypto market been crashed.

[kapalmabur]

I don't see that there's a need to worry about the current market condition. In fact, you should be happy and excited with what it is showing. The stableness that it has been for the past weeks can likely show that it's going to have its rise soon.
The bear market doesn't really look like the bear market as everyone is describing it. Look back a year ago, and you'll realize that it's not really bearish.

Somehow there are some or many altcoins that were doing great today even if we are speaking it out that the crypto market are in a bearish market. In fact there are some altcoins made its way to soar high today even though we're been worrying about the market status of bitcoin because we do believe that it may greatly affect altcoins too. But it seems that we are now totally dealing with a different crypto market, a far way different from the last time the crypto market been crashed.

Indeed, currently the price of bitcoin is going down and of course it also affects the price of altcoins,
but I don't think all coins are affected by the decline in bitcoin prices,
because as you said there are some coins that actually go up with the current market conditions

[Vishnu.Reang]

If I am holding large quantities of alts, then at this point I would get rid of most of them. Because after the crazy alt rally we had in the last 6-7 months, many of these coins are looking like inflated balloons. Look at coins such as Dogecoin. It has gone up by more than 100x in the last 12 months. Anyone in their right state of mind would go for profit booking at this point. But then there will be a number of ultra-greedy folks who would hold on to all their coins, hoping for even greater profit. That strategy may work with BTC, but not with shitcoins such as Doge.

[NIKUBHI]

This is a cryptocurrency market with a decentralized system. Only the sell and demand ratio decide the value of any coins/tokens. There is a big fluctuation in the crypto market these days and a small correction occurs due to many investors makes a good gain and get back their funds with a huge profit from these crypto markets. The price of altcoin is in not so good conduction but soon the next wave of profit will arrive in the altcoin section but there is also some of the altcoins in the market which has some ability to provide a good return in these market conduction.

[flagpara]

Shitty meme coins look good but volume isn't good. You won't get profit if you fly with fake volume. It's a very good time for volume altcoins. When I see the current price of top volume coins, I think I wish to have more money. I did so much research on altcoins as their volume. Now this month we are missing the best opportunity.

[DeathAngel]

We need to wait for the bitcoin bull run to start again before alts can prosper again. Alts always mirror bitcoin so we must wait for bitcoin to rise before we can begin to see alts moon. Patience is required friends.

[reza7777]

The crypto market is going through a tremendous downturn, and I think altcoins are in a difficult time right now, because almost all altcoins are red in CMC, and there are no sign that the crypto market will improve yet, hopefully the crypto market will return to normal soon,

When you see the crypto market getting better when the price of bitcoin is more stable, what's more when bitcoin experiences an increase in price, the altcoins will also do it.

[tabas]

I don't see that there's a need to worry about the current market condition. In fact, you should be happy and excited with what it is showing. The stableness that it has been for the past weeks can likely show that it's going to have its rise soon.
The bear market doesn't really look like the bear market as everyone is describing it. Look back a year ago, and you'll realize that it's not really bearish.

Somehow there are some or many altcoins that were doing great today even if we are speaking it out that the crypto market are in a bearish market. In fact there are some altcoins made its way to soar high today even though we're been worrying about the market status of bitcoin because we do believe that it may greatly affect altcoins too. But it seems that we are now totally dealing with a different crypto market, a far way different from the last time the crypto market been crashed.

I'm not worried at all, I'm even happy to see that I'm witnessing the highs and lows of bitcoin. But considering that many are very vocal about the lows.
They only look at the most recent picture of the market but never looks back.

[iTradeChips]

Well, it is not really a bad time for altcoins. The wealth risk takers who were able to make some money by risking on the shitcoins, were able to make the hype, maybe try to spend a few thousand dollars to do that hype and then made a few hundred thousand dollars out of it. It is not really hard for these money bags to accomplish what they can accomplish. If there is only one thing I could get out of this, is that rich people can make a hype and plebs like us will take whatever they say.

[anandaijun]

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

It's a common thing in the friends market. Right now we can't say bad times for Altcoins. Every investor would be interested in such a project. Because in my opinion, investors only see how a project carries out a marketing strategy.

[Lubang Bawah]

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

It's a common thing in the friends market. Right now we can't say bad times for Altcoins. Every investor would be interested in such a project. Because in my opinion, investors only see how a project carries out a marketing strategy.

For investors who think long term, of course, they will be patient and not panic with red market conditions, but investors who think short term, of course, just want profit, they don't care about marketing strategies.

[Digital_Lord]

Because now people don't see coin's or token's potential they are just investing in coins that are in the hype. They don't think that they can give them high loss. They only see tweets of richer men and invest in coins. I hope soon this trend will end.

[mey466]

like now is a very bad time for altcoins, especially for holders. but behind it all, now is the time to invest in altcoins. rest assured that in the future altcoin prices will continue to improve

Altcoins are still following the bitcoin price, this is an opportunity to start again holding after yesterday's profit because the highest price increase has now fallen quite deep so don't waste this opportunity

Yes, this a good time to take the opportunity to invest especially with the current price. Many are losing faith when it comes to down times but as they see there is an opportunity in every opportunity if you will seek for it. And always remember to be patient and observe.

yes, times like now is the right time to invest in altcoins that have the lowest prices. therefore in my opinion every time like now is the best time for investors.

It doesn't seem like the lowest because the altcoin decline is still continuing like this week the market looks bloody so I'm still waiting for the right opportunity it doesn't hurt if you want to start buying right now must be confident and believe the market will print a new high

[bitcon]

It is so annoying, I also observe how coins of working projects are falling and I can comment on this only that marketing is a decisive thing. As when people are aware of a project, they invest in it, this raises price, as a result, people want to buy more. To my mind, meme coins are not worth investing in them, as hype can’t last forever.

On the other hand, fundamental currencies and tokens of real projects have real value, so it is more reasonable to hold them.

[DonFacundo]

Right, too bad to see that the real projects were not really improving but the meme coins were pumping with no clear project behind it but I believe those meme coins will not survive for long and the real projects will, it's a long term goal for the real projects.

[deathcode]

Right, too bad to see that the real projects were not really improving but the meme coins were pumping with no clear project behind it but I believe those meme coins will not survive for long and the real projects will, it's a long term goal for the real projects.

something new definitely gets more attention from the market. especially with the enthusiasm of their community on social media. meme coin can grow very fast.
but if they can't survive and improve their market. it will be very fast also they are dumped at the bottom.
although the top altcoins are moving in correction. but you don't have to worry, everything is still fine. the very reasonable market corrected, especially after this long bull rally.
altcoin momentum is coming back, stay calm.

[velosepur]

Well some of projects with real usage product can be good for investment now. Yo need time to check details about project offcourse and then decide. my long hold tokens are from axis project. Dyor and decide smart. your money - your decision. So every period can be good to choose some alt to invest in before  developing finish and price go high.

[ansarose1]

There are so may altcoins to tell whether it is bad timing for alts or not. But i say it is good time since several of altcoins got rise their market price value maybe because of the ethereum coin or the altcoin king that pulls their prices up since it has boomed in this year. But if you plan to invest in some altcoin, be sure to choose the altcoin whether it is under good development that gives you profit in the long run.

[Psynthax]

It is so annoying, I also observe how coins of working projects are falling and I can comment on this only that marketing is a decisive thing. As when people are aware of a project, they invest in it, this raises price, as a result, people want to buy more. To my mind, meme coins are not worth investing in them, as hype can’t last forever.

On the other hand, fundamental currencies and tokens of real projects have real value, so it is more reasonable to hold them.

True, the key here is the product behind a project, at the current time where the market is volatile we can see more and more NFT based project more specifically the NFT games fluorish, thats simply because the project has real product to offer that could strive even when thr market condition isnt really good. And i think if a project have good product even if they are getting dumped because markrt condition they will eventually recover back.

[Wong Gendheng]

There are so may altcoins to tell whether it is bad timing for alts or not. But i say it is good time since several of altcoins got rise their market price value maybe because of the ethereum coin or the altcoin king that pulls their prices up since it has boomed in this year. But if you plan to invest in some altcoin, be sure to choose the altcoin whether it is under good development that gives you profit in the long run.

We can always profit even though the market is red, some coins skyrocket by hundreds of percent in a week, we can invest in these coins, and some coins that I recommend are HEX, GALA, WING, DeFiner, etc.