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Author Topic: The faith of Altcoins in 2022  (Read 1993 times)
dark1234
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January 04, 2022, 10:17:30 PM
 #41

I remember altcoins back in January 2018, after Bitcoin made an all-time-high altcoin started to move again and that time was indeed alt season.
But this time, it seems it is totally different now. Altcoins are not that wild compared to last 2017-2018, but there are still a lot of shitcoins out there now.

But I am still looking forward to the alt season especially when the Bitcoin dominance will drop, we just started the first month of 2022.
I definitely agree with this. I think that bitcoin and altcoins difference is getting smaller and smaller. Now we see all of them go up together and we see all of them go down together. Sure there are some individual ones that change based on some stuff like news or achievements or funding or marketing etc etc but that doesn't change the fact that we are talking about being together in the general sense.

In 2018, we saw them move separately, but this time around we are seeing them move together. Look at 2020 and 2021, we didn't see alts move up without bitcoin all that much, sure it happened for a while but it was a small period and wasn't as long as 2018 and as high as that. Now if alts go up, they do it together with bitcoin, and since bitcoin price goes up, they go up too, and then they go up against bitcoin a small bit at the same time and not on a different date.
crypto cycles and trends are different, every increase and decrease after ATH bitcoin which is accompanied by altcoins every journey like now the NFT coin is an artist in crypto but along the way it may also be shifted by the next trend. But what is clear is that all market corrections follow bitcoin while some altcoins will followed him and some fell into the vortex

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January 04, 2022, 10:31:23 PM
 #42

I think every year we have the same question... I think the same as before, some alts will develop more and rise in price, some are destined to fail! Which ones are is a million-dollar answer, but things don't work that way, it's why investing in alts is risky... Until now many alts made a quite nice price rise, and that will continue to happen, I guess each of us has some picks for the future, but there are no guarantees! There's just our research and hope for the best after we make an investment!

Indeed, there is no guarantee that the altcoins we choose based on the analysis and research that we do can meet our expectations. Therefore, investing
in altcoins is high risk, but if we look at the profit promised by altcoins which is quite large, make us brave enough to face these risks. In the end,
we really have to have faith in the altcoins of our choice. But I believe as long as we do our best, then we will get good results too. So never doubt
the choices we will take, because whatever we do in life there is always a risk. So if we believe in the future of some of our chosen altcoins, don't hesitate
to buy them and hold them until we can make a profit.
It is actually investing crypto either Bitcoin or Altcoins are accompanied by risks, nothing to escape with that. But for all the risk-takers, it's simply we don't mind that as we understand that clearly from the start. This is happen because we even have faith and trust in these things. Despite all the losses, our mindest have never changed and in fact, we even stay positive and risk more into them.

Well, I give the shoot, 2022 seems to be another big year for crypto. I'm not going to expect more but with the current trend, I'm still the high level of confidence that it still be looking good and profitable.
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January 04, 2022, 10:34:28 PM
 #43

I think cryptocurrencies will continue to grow even though it continues to rise or fall the market can be bearish but in the next year we will see tremendous hype like 2021. I don't really expect 2022 to be bigger. It would be better if cryptocurrencies grew purely without manipulation. My only hope is that a concept that could previously be developed like NFT hopes exists in many industries not just gaming.

In the long term, the cryptocurrency market will also develop, but this does not mean that we will no longer see a bear market. It is at such moments that we see the superiority of bitcoin over altcoins, when the price of the latter loses up to 95% of its value. But still, I expect the altcoin season in the near future, as I expect a further decline in the dominance of bitcoin.

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January 04, 2022, 10:40:09 PM
 #44

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.

Not overrated but others just went crazy on their high price targets which is not a good approach. In fairness to most altcoins, there are lots who hit their respective ATH or begin to move their price upwards. It's just that many think that it was all failed when the market hits the dipping status a few days before the end of the year but if we look at the whole, altcoins do have a good run in 2021.

Everyone should understand speculations are still speculations and there is no mention by those professional analysts that it will happen exactly. Don't stick with it as a reference that it's the accurate thing that will happen in the future. Learn also to anticipate other things and more importantly, just because there is a bullish trend in progress, it won't be spoiled by any chance.

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January 06, 2022, 03:50:06 AM
 #45

I remember altcoins back in January 2018, after Bitcoin made an all-time-high altcoin started to move again and that time was indeed alt season.
But this time, it seems it is totally different now. Altcoins are not that wild compared to last 2017-2018, but there are still a lot of shitcoins out there now.

But I am still looking forward to the alt season especially when the Bitcoin dominance will drop, we just started the first month of 2022.
I definitely agree with this. I think that bitcoin and altcoins difference is getting smaller and smaller. Now we see all of them go up together and we see all of them go down together. Sure there are some individual ones that change based on some stuff like news or achievements or funding or marketing etc etc but that doesn't change the fact that we are talking about being together in the general sense.

In 2018, we saw them move separately, but this time around we are seeing them move together. Look at 2020 and 2021, we didn't see alts move up without bitcoin all that much, sure it happened for a while but it was a small period and wasn't as long as 2018 and as high as that. Now if alts go up, they do it together with bitcoin, and since bitcoin price goes up, they go up too, and then they go up against bitcoin a small bit at the same time and not on a different date.
crypto cycles and trends are different, every increase and decrease after ATH bitcoin which is accompanied by altcoins every journey like now the NFT coin is an artist in crypto but along the way it may also be shifted by the next trend. But what is clear is that all market corrections follow bitcoin while some altcoins will followed him and some fell into the vortex
there will always be updates that are difficult to predict in the journey, I agree that currently it may be an NFT trend but on the way it will change because the situation is growing very fast and the competition is very tight, whoever is unable to maintain it will automatically be eroded by the current situation. the change is fast.

but the role of bitcoin for all altcoins is clearly felt and that role greatly affects the movement of altcoins, currently bitcoin is experiencing a correction so altcoins also participate and cannot avoid it, so the role of bitcoin in crypto is still dominant.

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January 06, 2022, 04:32:40 AM
 #46

I think cryptocurrencies will continue to grow even though it continues to rise or fall the market can be bearish but in the next year we will see tremendous hype like 2021. I don't really expect 2022 to be bigger. It would be better if cryptocurrencies grew purely without manipulation. My only hope is that a concept that could previously be developed like NFT hopes exists in many industries not just gaming.

In the long term, the cryptocurrency market will also develop, but this does not mean that we will no longer see a bear market. It is at such moments that we see the superiority of bitcoin over altcoins, when the price of the latter loses up to 95% of its value. But still, I expect the altcoin season in the near future, as I expect a further decline in the dominance of bitcoin.

Of course, bear market will occur in the market, whether we like it or not, it's the nature of it. The thing with bear market is that is is really hard for the majority to accept it specially those who still thinks that their altcoins will continue to grow after hitting a new all time high in 2021.

And now that the prime movers in the market, BTC is going down hard, for sure majority of the altcoins are going to follow it down the pipe. So it will be very ugly for newbies.

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January 06, 2022, 06:55:47 AM
 #47

The altcoin market is in a favorable position with the new project in and around NFTs I believe a lot of development is underway for the general altcoin market, the coming of the virtual e gaming platforms on the metaverse web 3 the altcoin market in 2022 is going to boom.

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January 06, 2022, 11:22:19 AM
 #48

I think every year we have the same question... I think the same as before, some alts will develop more and rise in price, some are destined to fail! Which ones are is a million-dollar answer, but things don't work that way, it's why investing in alts is risky... Until now many alts made a quite nice price rise, and that will continue to happen, I guess each of us has some picks for the future, but there are no guarantees! There's just our research and hope for the best after we make an investment!
Indeed, there is no guarantee that the altcoins we choose based on the analysis and research that we do can meet our expectations. Therefore, investing
in altcoins is high risk, but if we look at the profit promised by altcoins which is quite large, make us brave enough to face these risks. In the end,
we really have to have faith in the altcoins of our choice. But I believe as long as we do our best, then we will get good results too. So never doubt
the choices we will take, because whatever we do in life there is always a risk. So if we believe in the future of some of our chosen altcoins, don't hesitate
to buy them and hold them until we can make a profit.
It is actually investing crypto either Bitcoin or Altcoins are accompanied by risks, nothing to escape with that. But for all the risk-takers, it's simply we don't mind that as we understand that clearly from the start. This is happen because we even have faith and trust in these things. Despite all the losses, our mindest have never changed and in fact, we even stay positive and risk more into them.

Well, I give the shoot, 2022 seems to be another big year for crypto. I'm not going to expect more but with the current trend, I'm still the high level of confidence that it still be looking good and profitable.

As long as we study crypto well, there is no need to be afraid of the risks that will occur. Because after understanding crypto, it means
we already understand how to deal with the risks that will occur. So don't rush to invest in crypto if we don't understand how crypto works.
It is not easy to make a profit in the crypto world, there are many obstacles that we will face, as long as we have faith in the future of
the altcoins we buy. Everything should be fine, after all, crypto developments are always improving and it is likely that in 2022 crypto performance
will be much better than the previous year.

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January 06, 2022, 11:59:22 PM
 #49

Too much speculations on altcoins but the faith of altcoins will be determined by bitcoin. Only a few good altcoins that can leave from bitcoin domination while almost all of altcoins are under bitcoin domination.
The market is telling us a lot about that. Bitcoin dump is shaking everything right now. So many people are getting liquidated and people complaining about their portfolios in the various group.
They just wanna see the price will be going bullish forever which will not happen in a short time but the diamond hand will always be rewarded caused by their patience.
So many twitter guys are also making wrong prediction about the price of bitcoin and its movement.

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January 07, 2022, 07:36:14 AM
 #50

Too much speculations on altcoins but the faith of altcoins will be determined by bitcoin. Only a few good altcoins that can leave from bitcoin domination while almost all of altcoins are under bitcoin domination.
The market is telling us a lot about that. Bitcoin dump is shaking everything right now. So many people are getting liquidated and people complaining about their portfolios in the various group.
They just wanna see the price will be going bullish forever which will not happen in a short time but the diamond hand will always be rewarded caused by their patience.
So many twitter guys are also making wrong prediction about the price of bitcoin and its movement.
I think it will always be the trend that altcoins are more dependent on bitcoin so most likely, we'll see altcoin season after bitcoin's bull run. But that will remain a speculation since we still have no assurance what will happen exactly in the next couple of days.

However, i still have faith in altcoins particularly for those strong altcoins that they will soon to boom maybe at the second quarter. So its a good thing that we'll continue to hold our coins and will only sell them if there is a good sign that altcoin season is already happening. It maybe another waiting game so patience is always the best virtue.

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January 07, 2022, 10:02:49 AM
 #51

My stand with the altcoin investment is still on a positive note as there has been an increase in the number of new development in the area of NFTs and web 3 metaverse projects as opportunities keep rising am going to stay positive with an altcoin.

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January 14, 2022, 04:17:55 AM
 #52

As long as we study crypto well, there is no need to be afraid of the risks that will occur.
Risks do not decrease with the gain of knowledge, risks can be minimized by careful order placing and timing the orders.

Quote
Because after understanding crypto, it means we already understand how to deal with the risks that will occur.
If it was so easy, then every person studying bitcoin would have become a millionaire. You can deal with risks but you will not always make a profit out of it.
Quote
It is not easy to make a profit in the crypto world, there are many obstacles that we will face, as long as we have faith in the future of the altcoins we buy.
That faith can destroy your portfolio too. Some altcoins may be profitable, but the one coin that has been tested for years and running strong is bitcoin. So next time before putting money in some recent cashgrab hype, better think about putting money in bitcoin at a low price than wasting money on shitcoins.

My stand with the altcoin investment is still on a positive note as there has been an increase in the number of new development in the area of NFTs and web 3 metaverse projects as opportunities keep rising am going to stay positive with an altcoin.
Let us see how long this hype stands. My guess is half of this year and not more than that.

R


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January 14, 2022, 04:19:21 AM
 #53

2022 is still early but I'm optimistic that the market in 2022 can be better than 2021, even though the market is still red at the beginning of the year, but with the large number of NFT and Metaverse projects, I have no doubt that the market in 2022 can skyrocket.

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January 14, 2022, 05:34:44 AM
 #54

There won't be huge gains again unless you join projects presales and IDO, what I'm expecting now is few corrections and retraces until bear market takes over, I plan to buy dips and hold in 2022 unless the unexpected takes place

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January 14, 2022, 02:23:25 PM
 #55

2022 is still early but I'm optimistic that the market in 2022 can be better than 2021, even though the market is still red at the beginning of the year, but with the large number of NFT and Metaverse projects, I have no doubt that the market in 2022 can skyrocket.

Well we started the year at the wrong foot already, and it history repeats itself, then we might be in a bearish cycle and those spikes that we are seeing are just a trap for us.

But there could be some bright lights like the NFT and Metaverse that I think will still be the hype this year and could only be the one making some gains in the bear market.
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January 14, 2022, 02:40:39 PM
 #56

There will always be positive speculation about the market situation every year but 2021 isn't actually a bad year for crypto. I'm also too positive that things will get better this year despite the continued existence of the pandemic. I believe that more potential coins would strike a better price and more great projects would exist.
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January 14, 2022, 02:54:38 PM
 #57

I personally still have my full faith in altcoins, though not altcoins in general as there are still alot of scams out there waiting to happen, many rug pulls as well, but in the midst of all this, there are still alot of legit altcoins out there that are also waiting for some major developments before they come to the limelight, these are the types of altcoins am currently hunting for all day to invest in.

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January 14, 2022, 03:49:58 PM
 #58

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.

As I believe, you shouldn't lose the faith of Altcoins in 2022 as there are altcoins to explode. Of course, it’s a little challenging figuring out which particular altcoins will be the next to explode. For instance, thanks to Elon Musk’s support tweets for Dogecoin throughout 2021, the crypto was able to achieve tremendous growth. Additionally, popular altcoins tend to constantly change. Altcoins that were popular three years ago may not even be in the top 100 list. However, with that said, here are a few altcoins that you should watch out for in 2022:
- Solana
- Zilliqa
- Kishu Inu
- IOTA
- Pundix

The source: https://swapzone.io/blog/which-altcoins-to-buy
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January 14, 2022, 05:41:16 PM
 #59

Well, the crypto market is on a new phase with new projects coming on board daily it makes it hard for speculative prediction and accurate forecast of what the future hold for altcoin in the year 2022 but we shall keep our figures cross to see what the outcome will be and how the altcoin will involve through the year.
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January 14, 2022, 06:10:19 PM
 #60

There will always be positive speculation about the market situation every year but 2021 isn't actually a bad year for crypto. I'm also too positive that things will get better this year despite the continued existence of the pandemic. I believe that more potential coins would strike a better price and more great projects would exist.
even every year speculation will continue to exist both positive and negative.
on the other hand as you said 2021 is not a bad year and even if you look at it with the naked eye it's already known.
how btc made their new ATH 2 times during 2021.
but indeed things like this can not be separated from fud and some other controversies there.
but whatever it is I think this year will be even better than last year

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