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Author Topic: The faith of Altcoins in 2022  (Read 1995 times)
worle1bm
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January 22, 2022, 05:47:12 AM
 #101

Frankly saying don't have much faith in altcoins as most of them will not give any returns in the long run.There will be many in the market and slowly you will see them lying dead inside your wallets.But there are few who have strong project development and use case like SOL is one coin which seems good and promising to me but the fact is network instability as it's down three to four times till date which is major drawback for it but still there are other factors that will boost the prices.

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January 22, 2022, 05:40:15 PM
 #102

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.

As long as you are willing to take that path, there's no problem investing within your chosen project. We don't see much from alt coin market

but they are following Bitcoin in terms of market movement. Currently, we are in this bearish momentum, dropping in value is in need of

check upon, it's tough decision making. If you are unsure or you don't have that deep savings, it's wise to play safe and just observe.

Invest when you are convinced that you really see the potentials. Wink
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January 22, 2022, 05:49:29 PM
 #103

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.

When the market conditions are very bad, there is a lot of fear among ordinary investors when it comes to making investment decisions. Because when the market conditions are bad, even many good projects cannot survive in the market due to lack of sufficient money.

So when the market is downtrend, small investors are afraid to invest, but big investors invest in some good projects and accumulate as much coins as they can.

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January 23, 2022, 04:24:08 PM
 #104


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

I think that a lot will depend from the conditions of cryptocurrency market.
Now it is very important to attract attention for altcoins.
But if cryptocurrency market will fall many people will be desapointed in such investment.

Usually when cryptocurrency market falls many investors sell their altcoins and leave the market not to lose all their money.
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January 25, 2022, 10:34:54 PM
 #105


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

In such conditions, only the best projects will be able to survive.
The projects that are really necessary for people and in demand.

The fall of the market is a good opportunity to buy the tokens for the best price.
But it is profitable only if you evaluate the project rightly and invest in really profitable coins.
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January 25, 2022, 11:21:03 PM
 #106

Frankly saying don't have much faith in altcoins as most of them will not give any returns in the long run.
But at least we are seeing some altcoins are still profitable and that is why I still have faith in them.
Quote
There will be many in the market and slowly you will see them lying dead inside your wallets.But there are few who have strong project development and use case like SOL is one coin which seems good and promising to me but the fact is network instability as it's down three to four times till date which is major drawback for it but still there are other factors that will boost the prices.
Shitcoins and meme coins are hopeless, they can be soon going to die and only projects that have a working product will able to survive. But despite this thing, I'd still make my way to trust and invest some of the altcoins. I invest in BNB, ETH, and Sol, and I think I was right choosing them knowing that these projects have grown and seen more development happen last year.

Anyways, I was looking forward to seeing the market back to green again and seeing this year still be a healthy market.

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January 25, 2022, 11:47:45 PM
 #107

Just to be safe out of stress, I won't set high expectations on my altcoins this year. It's just that everything is chilled and no pressure at all whatever the trend that I will encounter. Some people are stressed because last year, their expectations are too good to be true.

I'm seeing a thread here with the coin at the current price of $1 and the question is if it can grow to $100. That's how big their expectations are. Although it can happen, it's best to just chill back and relax and let it happen without speculation like that.

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January 26, 2022, 04:59:58 AM
Last edit: January 26, 2022, 08:36:58 AM by Sayeds56
 #108

I have still huge faith in the Altcoins. Yes, Altcoins could not boom as expected in the previous year but expectations are still there but I must say meme coins took away most of the investments in the previous year now investors are attracting towards the NFTs and Metaverse let's see how altcoins will perform this year but I noticed there is a huge craze for the metaverse.

True. Good projects of Alts market will never disappoint their investors and they will definitely perform once Bitcoin comes out of current bear cycle . The current bear cycle  I will not last for months and hopefully we will see Bullish reversal in February but we need to choose only  good projects with strong use case of Metaverse and WEB 3.0 Projects. It is also interesting to note that NFT market continues to perform well despite Bearish Bitcoin and it will continue doing so because Good use case of NFTs is being developed.









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January 26, 2022, 05:20:58 AM
 #109

Although dumping of all Altcoins started at the beginning of 2022, in last 2 days we can see that the market has started to be bullish again. I hope it was a correction that has already begun to recover. And after 1 week the market situation will be understood more clearly.

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January 26, 2022, 06:11:33 AM
Last edit: January 26, 2022, 08:34:23 AM by Sayeds56
 #110

Although dumping of all Altcoins started at the beginning of 2022, in last 2 days we can see that the market has started to be bullish again. I hope it was a correction that has already begun to recover. And after 1 week the market situation will be understood more clearly.

Hopefully, 32,950 was the bottom of Bitcoin for 2022 and now we will witness  organic growth in its price in coming days and weeks. It is important for Bitcoin to stay above 40K to trigger good rally in Alts. I think in 2022 we will see rally in Alts but it won't be across the board, beside top 10 coins of coinmarketcap ,WEB 3.0, Metaverse projects might perform exceptionally well in expected rally in alts. DYOR









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January 26, 2022, 06:01:42 PM
 #111

Although dumping of all Altcoins started at the beginning of 2022, in last 2 days we can see that the market has started to be bullish again. I hope it was a correction that has already begun to recover. And after 1 week the market situation will be understood more clearly.

Hopefully, 32,950 was the bottom of Bitcoin for 2022 and now we will witness  organic growth in its price in coming days and weeks. It is important for Bitcoin to stay above 40K to trigger good rally in Alts. I think in 2022 we will see rally in Alts but it won't be across the board, beside top 10 coins of coinmarketcap ,WEB 3.0, Metaverse projects might perform exceptionally well in expected rally in alts. DYOR

Yes, for the altcoins to have a good rally, we need bitcoin to be either stable or slowly moving upwards. Since bitcoin was badly dumped to around 33k, now there is a lot of room for bitcoin to move upwards and altcoins will also show even greater momentum. As you have mentioned, I am planning to take entries in all of the best projects of defi and metaverse.

In 2021, we did not see a massive rally of altcoins. I think in most part of 2022 bitcoin will move sideways and this means that it could be an altcoin year.

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January 26, 2022, 09:42:46 PM
 #112

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.
Only for the solid coins but for the crap coins they will be forever stuck on that limbo. Why is everyone else loosing hope and you guy think that this year is going to be bad when in fact its too early yet. You guys should check the calendar, we are still in January, right?

But, I agree that cryptos can work better if they move naturally. In the time now where giant entities are joining, no doubt that manipulation can take place easily. This thing destroys the balance, this is the reason why sometimes the recovery of cryptos gets delayed. NFT's are not only limited in gaming mate.

There are art nft's, and I think there also in music now and sure there are more to come.

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January 26, 2022, 11:26:05 PM
 #113

There goes the recovery and we should acknowledge it. But again, the worry will start again when the recovery is done. I also hope so, that the dump that has happened for the past weeks were just corrections and not yet the bear season.
Cryptocurrency means uncertainty and worry. We are worried when the market is down. Even though the market is up again, we are worried that this is down again. In fact, our worries are not going to end, so we have to go through all this.

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January 26, 2022, 11:29:28 PM
 #114

I think as the market evolves and grow bigger things are going to have their own diversification so basically market will have different growth in terms of bull  and bears in different category so I think altcoin will have their moments Things like defi will have growth separately from things like gaming, metaverse and NFTs

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January 27, 2022, 06:38:41 AM
 #115

I think as the market evolves and grow bigger things are going to have their own diversification so basically market will have different growth in terms of bull  and bears in different category so I think altcoin will have their moments Things like defi will have growth separately from things like gaming, metaverse and NFTs
Altcoins and NFTs are the choice of people today, both have promising projects in the future, market chaos opens up space for anyone to see potential projects, then choose according to the needs they want to invest in, crypto growth in general is getting bigger, this moment we cannot make excuses that altcoins and NFTs will follow the hype, smart in choosing projects is needed, keep making small studies to produce investment choices.



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January 27, 2022, 06:47:50 AM
 #116

It has often happened, when the price drops, a lot of bad news is lowered, and since it started to enter a positive trend we always see news exaggerating bitcoin when we only use and take advantage of profits as simple as there is no need to overdo it because when it goes up it will definitely go back down and down it will go back up.

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January 27, 2022, 07:41:05 AM
 #117

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.

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 27, 2022, 07:57:23 AM
 #118

It has often happened, when the price drops, a lot of bad news is lowered, and since it started to enter a positive trend we always see news exaggerating bitcoin when we only use and take advantage of profits as simple as there is no need to overdo it because when it goes up it will definitely go back down and down it will go back up.
Such is the movement of the crypto market and such things are normal in crypto,
most importantly with the current market conditions we stay calm, don't panic and be patient waiting for the market to rise again,
for some people of course it's not an easy thing to do but at least we try

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January 27, 2022, 08:17:27 AM
 #119

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.
Most times we can only try to understand where the market might be headed but it could also turn out not to be like that. Just about everyone thought we will also see Bitcoin @ $100k in 2021 but the whole market took a tumble and the same for Alts as you said, there is a lot to hope for in 2022 with different projects in line to be explored from web3, metaverse + NFTs, I believe if the market is stable again we will see good times for Alts too. 
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January 27, 2022, 08:50:15 AM
 #120

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.

Everything depend on Bitcoin. If Bitcoin get dumps more then the altcoins market surfers more. Bitcoin controls the entire market and I believe that is no longer a news. As Bitcoin is getting some corrections that is why the altcoins are bleeding out. Bitcoin did not go as expected and speculated last year. Majority thought we might cross the $100,000trading price but that did not happen so the altcoin did not have much room for growth because everyone was waiting on Bitcoin to lead the way.

Assuming Bitcoin did cross the $100,000 trading price then we would not be discussing this now as altcoins would had skyrocket and be trading in astonishing values that would had been unbelievable. Imagine ethereum trading above$10,000 etc.
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