The faith of Altcoins in 2022

[perfect999]

The altcoin market witnessed some new development and projects such as the web 3 NFTs and the discovery of the metaverse which are now the rave of the moment, this and many more are the happenings that characterize the altcoin market with its wave being transferred to this year 2022.

But I highly doubt about the sustainability of hype of these two trends of altcoin space. NFT is something that is dealing with art related hence individual perception may not remain same forever; which will lead to highly rated NFTs may go valueless due to no buyers.

Metaverse is all about virtual reality and moreover I do see it like how some scam companies tried to sell plots on Mars planet. So, again this hype also may not sustain for longer duration.

I guess the altcoin faith is left hanging at the moment and a lot of analysis has gone ahead which all point to a more groundbreaking development ahead.

There are whales in altcoins space to induce those faith so that naive investors will get lured and then those manipulators will book profits before all others to leave all others to bite the dust with all their bags of shitcoins and tokens.

[Shuna_Inuverse]

A lot depends on how useful is altcoins. Good altcoins that are useful for people will survive even in the fall of the market.
There are altcoins that offer cryptocurrency investment tools with crypto APP to work like S&P 500 like https://twitter.com/FiPiToken/status/1482266971731378177

The most important is that products will be useful for people. It is good that appear tools that are profitable for investors and traders.
Such tools will increase the interest of investors to cryptocurrency and will create demand in cryptocurrency.

[wxa7115]

History may always leave an impact but what had happened in the previous years will be totally different from this present year. Bitcoin has been backed already with different big institutions and so its massive adoption has been starting to take place already. And once bitcoin will be in a very good position, it will also create a very positive impact on the part of the altcoins.  For now, coins have been declining due to the expected bearish season but i think once this will be over, bitcoin and altcoins will start to surge and skyrocket again for their new ATH this year. So keep the faith and don't panic.

I also think that we are going to have a good year for bitcoin, however I am not so sure this is going to be true for new altcoins, my reasoning is the next, when bitcoin is growing up in value in a rapid fashion people begin to look for all kind of altcoins where to invest their money.

However I think this time around the growth in the price of bitcoin is going to be slow, which means that altcoins are not going to have the opportunity to generate enough hype around them, hurting them in the process, as such you need to be careful as this behavior could trap a lot of newbie investors and made them lose their money.

[Yamifoud]

History may always leave an impact but what had happened in the previous years will be totally different from this present year. Bitcoin has been backed already with different big institutions and so its massive adoption has been starting to take place already. And once bitcoin will be in a very good position, it will also create a very positive impact on the part of the altcoins.  For now, coins have been declining due to the expected bearish season but i think once this will be over, bitcoin and altcoins will start to surge and skyrocket again for their new ATH this year. So keep the faith and don't panic.

I also think that we are going to have a good year for bitcoin, however I am not so sure this is going to be true for new altcoins, my reasoning is the next, when bitcoin is growing up in value in a rapid fashion people begin to look for all kind of altcoins where to invest their money.

Were still optimistic about the market despite the correction we have now. Perhaps, as we can see Bitcoin had made a huge spike just a few hours from not which I believe is a sign for the recovery and surely altcoins will do to follow.
Well, I'm not going to think that this year 2022 is another bullish year for crypto, not like last year. I hope I was wrong but mostly it happens that after the bullish season bearish had come next. If the price of Bitcoin will be able to sustain higher than $40k, I was definitely good at it for altcoins will never it dumps like before.

[freedomgo]

History may always leave an impact but what had happened in the previous years will be totally different from this present year. Bitcoin has been backed already with different big institutions and so its massive adoption has been starting to take place already. And once bitcoin will be in a very good position, it will also create a very positive impact on the part of the altcoins.  For now, coins have been declining due to the expected bearish season but i think once this will be over, bitcoin and altcoins will start to surge and skyrocket again for their new ATH this year. So keep the faith and don't panic.

I also think that we are going to have a good year for bitcoin, however I am not so sure this is going to be true for new altcoins, my reasoning is the next, when bitcoin is growing up in value in a rapid fashion people begin to look for all kind of altcoins where to invest their money.

However I think this time around the growth in the price of bitcoin is going to be slow, which means that altcoins are not going to have the opportunity to generate enough hype around them, hurting them in the process, as such you need to be careful as this behavior could trap a lot of newbie investors and made them lose their money.

If we are seeing bitcoin in a consistent fall, i think the fall back is twice when it comes to altcoins since they are more affected once bitcoin is not in its good position. So i suggest, if people want to invest in altcoins for now, they should be more knowledgeable and do a depth in research in which altcoins will be able to progress after all these prices declining at the moment. Because it does not mean that altcoins that are in cheap prices will be profitable in the future, some will never regain their value again.

[KaliLinux]

The market conditions are very bad in 2022. The price of all the coins has come down. I hope it will be much better in the future. The reason is that I think the price of all the coins will increase a lot in the future

This year there will also be another increase in the market even though each coin will not immediately find new ATH again, but each coin will be closer to ATH because at this point the decline is already quite large on all coins

The decline is not still as much as the decline the market witnessed back from April 2021 which corrected downwards of around -54% and the market recovered from that to find another new ATH in Nov 2021 but this time we are about -44% down, I however still believe that even with all this, there could be a brighter market position in 2022.

[Vaculin]

History may always leave an impact but what had happened in the previous years will be totally different from this present year. Bitcoin has been backed already with different big institutions and so its massive adoption has been starting to take place already. And once bitcoin will be in a very good position, it will also create a very positive impact on the part of the altcoins.  For now, coins have been declining due to the expected bearish season but i think once this will be over, bitcoin and altcoins will start to surge and skyrocket again for their new ATH this year. So keep the faith and don't panic.

I also think that we are going to have a good year for bitcoin, however I am not so sure this is going to be true for new altcoins, my reasoning is the next, when bitcoin is growing up in value in a rapid fashion people begin to look for all kind of altcoins where to invest their money.

Were still optimistic about the market despite the correction we have now. Perhaps, as we can see Bitcoin had made a huge spike just a few hours from not which I believe is a sign for the recovery and surely altcoins will do to follow.
Well, I'm not going to think that this year 2022 is another bullish year for crypto, not like last year. I hope I was wrong but mostly it happens that after the bullish season bearish had come next. If the price of Bitcoin will be able to sustain higher than $40k, I was definitely good at it for altcoins will never it dumps like before.

Well, bitcoin at the moment has dropped already below $40k and is currently priced at $38,999 so most likely the bearish season has already started. And given that bitcoin has made a drastic fall,  i would expect that altcoins will fall even deeper today. But that is not enough reason that the faith for altcoins will also vanish since the market is totally down right now. Instead, this is the perfect timing for us to buy altcoins that we think will definitely grow in the next months and years. The altcoins season will still happen but this is not the right time yet so we better prepare for it and buy more potential altcoins.

[SAWACrypto]

A lot depends on how useful is altcoins. Good altcoins that are useful for people will survive even in the fall of the market.
There are altcoins that offer cryptocurrency investment tools with crypto APP to work like S&P 500 like https://twitter.com/FiPiToken/status/1482266971731378177

The most important is that products will be useful for people. It is good that appear tools that are profitable for investors and traders.
Such tools will increase the interest of investors to cryptocurrency and will create demand in cryptocurrency.

When the cryptocurrency market falls many investors stop investing and selling their assets and in such a situation only the best projects can survive.

[Alisha FR]

In this case the influence of Bitcoin is also very large even though the broad AltCoint dominates in the development of NFT and Metaverse, because it is very clearly seen from the properties of fluctuating Bitcoin which can shake allower even though developers can provide very interesting opportunities. For each user who is within the nft or metaverse, it is certain and prove it yourself.

[rahmad2nd]

Not really faith right now altcoin season because I have close all exchange market for one or two months later and try looking other activities and get real job or real business. Bad news last night when Russia try planning to banned all cryptocurrency transaction and bitcoin from $43,000 suddenly drop to $38,000 and many trader loss their assets. Keep looking new activities how to forget bitcoin and altcoin price right now because try to buy back but all fund have loss much with altcoin dump. No any ideas except waiting when bitcoin and altcoin back to higher price and take profit for all assets dump.

[superman184]

Contrary to speculations from various cryptocurrency analysts who have predicted that the altcoin market was going to witness the highest price boom in 2021 it seems the hype was overrated and the market went in the other direction opposite the speculations and many speculators are left with no choice than to flow with the current market conditions.
The altcoin market witnessed some new development and projects such as the web 3 NFTs and the discovery of the metaverse which are now the rave of the moment, this and many more are the happenings that characterize the altcoin market with its wave being transferred to this year 2022. I guess the altcoin faith is left hanging at the moment and a lot of analysis has gone ahead which all point to a more groundbreaking development ahead.

Don't you see the market experiencing a very high pump in 2021? I think the analysis of cryto is not only done in a year when crypto is bullrun. Bitcoin analysis will reach S50k done in 2018 or 2019 where crypto prices are deteriorating, and in fact that analysis will really happen in 2021. There is nothing wrong with analysis, but you should not take analysis from people who are not crypto savvy , or those who are new to crypto, but you can take analysis from them great people who are not on this forum.

[izsara]

No any ideas except waiting when bitcoin and altcoin back to higher price and take profit for all assets dump.

the best option right now is to just have to wait for that moment to come because it's useless to regret and still be in bitcoin or alt at this time because indeed everything has happened.
but on the other hand, we also don't have to panic about things like this, because in the past year we haven't experienced something similar or even a few times.
keep thinking positive and keep holding the coins we have because indeed it is the best choice than being busy and panicking so selling assets even though they are losing

[RealMalatesta]

The altcoin market witnessed some new development and projects such as the web 3 NFTs and the discovery of the metaverse which are now the rave of the moment, this and many more are the happenings that characterize the altcoin market with its wave being transferred to this year 2022. I guess the altcoin faith is left hanging at the moment and a lot of analysis has gone ahead which all point to a more groundbreaking development ahead.

Everyone looks like they are losing money left and right and they are complaining about the drop and the doom/gloom of the market seems at all time high. This looks like the perfect time to get into crypto right now. I do not have too much money and I am looking into some investments but if it doesn't happen I am going 25% btc, 25% eth, 25% bnb, and lastly 25% ltc.

I will honestly do this with the money I have right now, it is definitely possible for these to increase a lot. Even if they do 2x, it will not be a huge amount for me, I am not rich, but no matter how much it increases, it is better than keep the money at same value, going higher even if it is a little amount still matters.

[diamond_shine1]

the crypto market at the beginning of 2022 was down maybe because many people flocked to Nft and Metaverse so that the volume in crypto decreased but I think this is only because nft and metaverse are trending everywhere so many people want to get into in it,
Until now I still believe the altcoin market will rise again.

[Hypnosis00]

the crypto market at the beginning of 2022 was down maybe because many people flocked to Nft and Metaverse so that the volume in crypto decreased but I think this is only because nft and metaverse are trending everywhere so many people want to get into in it,
Until now I still believe the altcoin market will rise again.

if you see NFT's are in the dump as well, that can happen to Metaverse.
I don't blame or even point out what is the reason but I feel like it was the time to face the bearish season as we are done with the long bullish season. I hope I could be wrong and Bitcoin gives us some sign for the recovery but for now, dumps still continue. But, we stay strong, we have been this before so it probably we already know what to do. If we never sell our coins, the bigger chance that it helps to hold the price from falling. That is why we have to give our trust and don't get panic or even think negatively, we'll just enjoy other stuff to help us ease.

[stadus]

the crypto market at the beginning of 2022 was down maybe because many people flocked to Nft and Metaverse so that the volume in crypto decreased but I think this is only because nft and metaverse are trending everywhere so many people want to get into in it,
Until now I still believe the altcoin market will rise again.

Of course, it will always have its own altcoin season. Although we have not met altcoins expectations last year, but i'm still positive that this year might be possible for it to achieve. Maybe last year was only intended for bitcoin, and this year hopefully for altcoins. But we won't be profitable when that time comes if we won't be able to invest at the current prices. Bitcoin and altcoins are definitely in a good buying value right now so we have to start buying while there is dip. And because buying low and selling high still works for most of us, i think this is the perfect time to start it and sell them when bull run comes.

[fadil46]

The Quoth platform is about to shake up the Metaverse by taking on a new level of NFT ownership. In fact, it is the only interoperable NFT lookup that has been designed to include a universal oracle that validates, creates, and links NFTs across all chains.

But what I see is that both of them are still very safe and neither of them was shaken, whether you say this when you are dreaming or are in an earthquake condition so you say you are shaken, even though I personally have not seen any shaking now.

[HyunBin]

Contrary to speculations from various cryptocurrency analysts who have predicted that the altcoin market was going to witness the highest price boom in 2021 it seems the hype was overrated and the market went in the other direction opposite the speculations and many speculators are left with no choice than to flow with the current market conditions.
The altcoin market witnessed some new development and projects such as the web 3 NFTs and the discovery of the metaverse which are now the rave of the moment, this and many more are the happenings that characterize the altcoin market with its wave being transferred to this year 2022. I guess the altcoin faith is left hanging at the moment and a lot of analysis has gone ahead which all point to a more groundbreaking development ahead.

Indeed that is true that the our faith in altcoins especially for its season is not going on the right pattern because of the current market trend and situation however I am still bullish and have a very high hope that it will happen this year.

[susuberuang]

When the cryptocurrency market falls many investors stop investing and selling their assets and in such a situation only the best projects can survive.

And when you know the best project will survive, then you should also use it to buy coins from that project because when the project can survive in current conditions, then the project will also live very strongly when market conditions improve.

[TheUltraElite]

And when you know the best project will survive, then you should also use it to buy coins from that project because when the project can survive in current conditions, then the project will also live very strongly when market conditions improve.

It is the most difficult thing to determine as an investor. It therefore becomes a gamble to put in coins on all the horses and then see which ones makes the most, in order to cancel out the losing bets in value. But in crypto there may never be a winning horse, aside from bitcoin. Try doing the same to altcoins, you will no doubt lose all your money.

In that sense, mainstream fiat markets are better to invest in than any shitcoin. But if you are looking for the winning horse, you need to buy bitcoin only. Altcoins projects that get announced and started only end up being a stagnant low priced coin in the exchange and while investors remain hopeful, there is serious lack of development and bankruptcy sets in.