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Author Topic: Not all altcoins will recover  (Read 527 times)
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September 13, 2021, 11:57:15 PM
 #41

I usually say this, this market has to be well studied and one must understand how altcoins depend on bitcoin, if investors lose interest in a certain altcoin then the price of that altcoin will drop a lot, I felt that when I bought siacoin when I was in 450 satoshi and then the price dropped to 50 satoshi and didn't go up anymore, at that time I thought it had gone down because the price of bitcoin had also gone down, but I was wrong

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September 14, 2021, 01:09:30 AM
 #42

I can say only 10% of total altcoins would survive after bullrun on the end of this year/early next year. Most of them will die without any progress or development (all of their purpose is only want to earn quick money through ICO, IEO, IDO or anything else from investors).
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September 14, 2021, 01:38:21 AM
 #43

For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
In my case i do not invest on not so popular coins thats why if market will go red like what is happening right now, my short time trades will become long term trading. I did not invest in not so popular coins that has a chance to to be vanish.
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September 14, 2021, 02:15:40 AM
 #44

It's a tradition in the crypto market that some coins go up according to market conditions, and when a crash occurs some don't survive and others survive, that's what differentiates good projects from bad ones, the market seems to be selecting which ones to survive and others to fall.

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September 14, 2021, 02:44:44 AM
 #45

For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
This applies to our whole living time mate not only in altcoin, like in 1 basket of tomatoes there must be ripe or in a basket of eggs surely there will be broken.
but in this part it is more exaggerated because the term is "MOst Altcoins Will Never Survive" that is the right phrase to use in this matter because many of those as shitcoin or at least Fake project at all.
invest at your own risk and diligence and also invest what you can afford to lose.
never trust all the coin you see and never trust every word you hear as advise .









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September 14, 2021, 03:22:42 AM
 #46

For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
That title is right. Not all coins can recover and only the coin with strong and good projects will recover and convince the investors that their project is worth invest. But you should not worry about that because as long as you can invest in the right coins and have the potential to recover, that coin will increase at the right time. Maybe you can invest in the top 50 coins lists so you do not have to worry.

This is the importance of doing research and analysis before finally deciding to invest, so that we don't choose the wrong coins for investment.
Indeed, the reality is that not all altcoins will recover after the dump, there are even altcoins that eventually become dead coins, because
the team of developers decided to leave the project. What's scary is that the new altcoins that appear today mostly end up being shitcoins,
meaning that once the price drops it's very difficult to recover. So indeed we all have to be very selective in choosing altcoins for investment.
I agree with your suggestion that we should invest in the top 50 coins, most of which have a fairly high demand and will usually recover if the price of
Bitcoin rises. Especially for beginners who do not have the knowledge and experience, choosing an investment in the top 50 coins is highly recommended.
I have experience holding a coin that I expect to rise in the future, but after waiting for almost 1 year, there is nothing update from the dev and the team and finally, the exchange delists the coin. It is sad but I can not do anything except accepting the announcement from the exchange. I can only search for the other exchange and try to send it to them and sell it at once. At that time, I do not think that the price can increase but I prefer to get the money and send it back to the previous exchange so I can search for the other coin.

It is hard to analyze but that is worth doing because at least, that is the one thing that we must do if we want to make money from trading. That is our job to analyze one by one from the lists so we can find the right coin to help us to make money.

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September 14, 2021, 03:34:27 AM
 #47

Many altcoin projects will not consider whether to recover, run away, cheat money, and cut leeks is their original choice.
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September 14, 2021, 04:33:29 AM
 #48

That's why trading in cryptocurrencies is not easy and requires other skills to support trading,
as you said either knowledge or analysis is very important,
Trading in cryptocurrency is of course a big risk so you need to be careful
The main capital when trading in cryptocurrencies is not money, but knowledge and analysis are the main keys that are very decisive, because knowledge and analysis is the foundation for every trader when plunging into the crypto market. As someone wants to build a house, without being provided with a strong foundation the house will never be solid when an earthquake occurs everything will collapse. Cryptocurrencies only offer two options, if you don't win, you lose. So to avoid losses traders need to be equipped with strong knowledge and analysis.

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September 14, 2021, 07:04:50 AM
 #49

here are currently more than 11,800 altcoins officially listed on coinmarketcap, with the large number of altcoins the competition is very Ttight, only devs. backed by big finances can compete in the market, and when a coin drops it's mostly hard to get back up because of the devs. think that they have made a big profit so they won't pump coins anymore.



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September 14, 2021, 08:03:08 AM
 #50

Not all altcoins will recover because currencies generally continue to rise based on their demand if the demand in the market decreases, then the certainty of these altcoins rising above them is much less likely to fall. But ethereum and BNB have market demand for these currencies but prices have risen over time this is why they survive in the market.
It's true that coin movement is still based on supply and demand,
when supply is limited and demand is increasing, of course the price of coins will go up,
it all also depends on the coin because not all altcoins will experience that and talking about Ethereum and BNB I don't think we need to doubt it after all it is the top altcoin
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September 14, 2021, 08:46:17 AM
 #51

Ethereum, Binance, Solana could all be included in the statement (buy low sell high). But even that Altcoin can not necessarily be right on target because anything can happen in crypto. Loss and profits can be very fast and can take a long time.
Simple...
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September 14, 2021, 02:48:10 PM
 #52

There are few things that won't change. People tend to fall for the altcoin hype trap all the time. In most cases, altcoins receive some engagement and then disappear without producing any impact, only the initial investors make money then leave the project forever. Despite the fact that we are in the process of a cycle, it seems like an endless project. As long as investors continue to invest money in it, and keep dreaming of a stellar outcome, the process will continue. You're just convincing yourself that your shit gonna boost, but which is a waste of time.

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Oceat
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September 14, 2021, 04:05:58 PM
 #53

Ethereum, Binance, Solana could all be included in the statement (buy low sell high). But even that Altcoin can not necessarily be right on target because anything can happen in crypto. Loss and profits can be very fast and can take a long time.
Simple...
What's so simple about the market where volatility is uncertain and unexpected? You might have the courage to say that now since the market is a bit bullish but once you see and experience the bear market I have my doubt. Yeah, not every altcoins will recover since most of them are dead already but for those market who's still have a market movement every now and then will be the one to last long.

Most of these altcoins will recover especially those coins that was pumped by Elon Musk. A type of altcoins that was manipulated by them is kind of dangerous to invest once they suddenly left the market.

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September 14, 2021, 06:18:25 PM
 #54

Not all altcoins will recover because currencies generally continue to rise based on their demand if the demand in the market decreases, then the certainty of these altcoins rising above them is much less likely to fall. But ethereum and BNB have market demand for these currencies but prices have risen over time this is why they survive in the market.
It's true that coin movement is still based on supply and demand,
when supply is limited and demand is increasing, of course the price of coins will go up,
it all also depends on the coin because not all altcoins will experience that and talking about Ethereum and BNB I don't think we need to doubt it after all it is the top altcoin
There are coins that create their own demand and that is the popular thing these days. If you really want to do something than you have to actually do it properly and not do it half.

There are so many coins and tokens that provide a reason to buy them, and those coins go up. Utility is the most important aspect of any coin right now, like the whole axie infinity thing is the game, without the game nobody would want to by any axies at all, why would they want any axie?

Well, people end up buying ape NFT for millions or cryptopunks so maybe there would have been a reason but I doubt that it would be as big as it is right now. Meaning that there are very good places with very good utility that end up being high priced. Aside from that I do not think that anything will go and become very big, all those useless small ones that have no utility may end up being zero.

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milewilda
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September 14, 2021, 10:35:22 PM
 #55

There are few things that won't change. People tend to fall for the altcoin hype trap all the time. In most cases, altcoins receive some engagement and then disappear without producing any impact, only the initial investors make money then leave the project forever. Despite the fact that we are in the process of a cycle, it seems like an endless project. As long as investors continue to invest money in it, and keep dreaming of a stellar outcome, the process will continue. You're just convincing yourself that your shit gonna boost, but which is a waste of time.
I could say that altcoin hype is lot way more lesser as of these years compared into those 2017-2018 time on where everything is been hyped up specially including those shitty coins existing on the market
and they do keep on popping out like mushrooms.Talking about recovery is always be a question on altcoin because everything will always vary on the demand because investors as of todays are already a
bit wiser compared into those previous years where people do dive in without minding about the risk but now we are already keen on diving into something but there are still people who do commit out mistakes.

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September 14, 2021, 11:48:55 PM
 #56

Ethereum, Binance, Solana could all be included in the statement (buy low sell high). But even that Altcoin can not necessarily be right on target because anything can happen in crypto. Loss and profits can be very fast and can take a long time.
Simple...
What's so simple about the market where volatility is uncertain and unexpected? You might have the courage to say that now since the market is a bit bullish but once you see and experience the bear market I have my doubt. Yeah, not every altcoins will recover since most of them are dead already but for those market who's still have a market movement every now and then will be the one to last long.

Most of these altcoins will recover especially those coins that was pumped by Elon Musk. A type of altcoins that was manipulated by them is kind of dangerous to invest once they suddenly left the market.
Meme coins are very dangerous to invest but they can be profitable too only in a short period of time and after that when the dump season starts to occur, most of them will eventually end up as shit or dead coins. Same with those altcoins that are only good and profitable in the beginning but in the later part, they will lose their value and won't recover again.

Altcoins are highly volatile and they are more risky to invest compared to bitcoin. This is the reason that if you want to invest in altcoins, DYOR first so you won't end up losing your investments just because you have high hopes that altcoins will always be profitable and won't dump easily.

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September 15, 2021, 01:58:17 AM
 #57

That's what we can distinguish in the future which projects still exist and those that are dead for the upcoming bulls, make it a valuable lesson not to be easily influenced by fomo or hype on these altcoins.
Don't invest in something you don't know, do your research before investing.
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September 15, 2021, 04:24:08 AM
 #58

For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
Like in all investment places we must know which items/tools to buy and put into your folio because a small wrong estimation will bring you to the losing position.
there are many altcoins that best for investment but there are much many of shit and scam.
so best to know them or never invest at all.
That's what we can distinguish in the future which projects still exist and those that are dead for the upcoming bulls, make it a valuable lesson not to be easily influenced by fomo or hype on these altcoins.
Don't invest in something you don't know, do your research before investing.
you can distinguish in the future? b ut what about the time of investing?

will this be profitable or losing? this must be decided or else you will end up nothing.









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darahjuang
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September 15, 2021, 09:33:08 AM
 #59

Ethereum, Binance, Solana could all be included in the statement (buy low sell high). But even that Altcoin can not necessarily be right on target because anything can happen in crypto. Loss and profits can be very fast and can take a long time.
Simple...
What's so simple about the market where volatility is uncertain and unexpected? You might have the courage to say that now since the market is a bit bullish but once you see and experience the bear market I have my doubt. Yeah, not every altcoins will recover since most of them are dead already but for those market who's still have a market movement every now and then will be the one to last long.

Most of these altcoins will recover especially those coins that was pumped by Elon Musk. A type of altcoins that was manipulated by them is kind of dangerous to invest once they suddenly left the market.
It's about the Altcoins referred to in this topic that not all Altcoins will recover and about the buy low sell high statement. I think only Top Altcoins can enter into the statement (buy cheap sell high) and I also can't justify that it will happen in crypto market activity because it all depends on market conditions. This can happen if done in the long term. That's what I mean.
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September 15, 2021, 11:20:50 AM
 #60

Yes all altocoins can not recover because some project wil not to good in their lifetime. It it all about some coin who has performed better in past and their team is working very hard all time for the project. If you see some project then you find that have come only to destroy investor's money like ACT (achain), Tuttifutti. Project that has some active thinking will definitely recovered or might passed ATH.
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