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Author Topic: The faith of Altcoins in 2022  (Read 1993 times)
cornhodlr
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February 10, 2022, 10:54:43 PM
 #181


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 that altcoin will be really useful for people. The more people use the altcoin and the ecosystem of the project that created this altcoin the more demand in altcoin.

Development of altcoins a lot will depends from the conditions of cryptocurrency market. If market will continue to rise people will invest more actively in altcoins and the development will increase.
yes it depend on the crypto market but only those altcoins which have any particular or we can a special use for the community as the investors want to see that features which attract people around the world and if a coin have the ability to attract people then its price increases and that is the point that investors will invest in the coin.

I think the faith of the altcoins will most probably will be determined by the bitcoin move. If the bitcoin is bullish, then we can expect very good returns from the alts.

Not only high volume good coins but even most of the shitcoins will give many times returns in the bull season. But who will take benefit from the next altseason > It will only be the ones who are accumulating the altoins at cheap prices whereas most of the people are on the sidelines because they fear more loss and more downside.

The sole purpose of an altcoin is to accumulate more bitcoin.Altcoins are pointless apart from one or two high volume coins that can be used to transfer value quicker and cheaper than bitcoin but with segwit and LN they have become more and more pointless apart from providing a casino through exchanges to speculate and gamble on.The only thing "real" about the altcoin market is the "pump" before the dump.
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February 11, 2022, 02:53:51 AM
 #182

Rise of the market attract a lot of attention. People become to interested cryptocurrency and start to invest in it.
But when market falls people lose their interest to cryptocurrency.
It's true, people lose their enthusiasm when they see the market going down, but actually for people who understand investing, they are actually very enthusiastic about welcoming the price decline because they think the decline is a golden opportunity to increase their assets.

one of the many people who are most enthusiastic about price reductions for now is myself, because i've been getting high prices some time ago. so now it's my turn to wait for the price to go down.  Grin Grin

in investing, rising and falling prices are opportunities, both market conditions have their respective advantages.
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February 11, 2022, 03:16:34 AM
 #183

Now cryptocurrency market continue to raise again. The demand in cryptocurrency still very high because people do not trust fiat money because of big inflation.
I think that in 2022 will appear new promising projects and cryptocurrency industry will continue to develop.
then what are you looking for in cryptocurrencies? most people join cryptocurrencies to invest and expect bigger returns.
not only in 2022 but for years to come there will always be potential and promising projects as cryptocurrencies continue to develop and innovations continue to occur.
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February 11, 2022, 03:28:15 AM
 #184

Since the beginning I was in cryptocurrency, when the price was high, there were always those who overestimated bitcoin, but when the price fell very low, many people scared me with "illegal investments" I won't bother, as long as it results in me always working here, and learn money management so you don't lose easily.

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February 11, 2022, 05:41:05 AM
 #185

NFT and metaverse have been trending topics in the cryptocurrency world this year. This is quite interesting, we can see several projects have started preparing their concepts, this year will be a golden year for NFT and metaverse maybe until 2023.

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February 11, 2022, 06:02:24 AM
 #186

NFT and metaverse have been trending topics in the cryptocurrency world this year. This is quite interesting, we can see several projects have started preparing their concepts, this year will be a golden year for NFT and metaverse maybe until 2023.
Agree, also Web3 is being stimulated with more active appeal.  I think altcoins have enough market share to accumulate potentially huge opportunities for the next boom.  I have a feeling that altcoins are going strong if bitcoin recovers back to the $46-50k region.  Even if Web3 triggers a boom it will be a big boost for altcoins to have a solid base

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February 11, 2022, 07:21:26 AM
 #187

Do you know why the ratings for new games get lower and lower every year? Because it’s ridiculous to try to meet the demand with similar shooters for over 15 years. The industry needs something new, and oddly enough, today that new thing is a good-old card game from 1994. Spellfire has been recreated on Blockchain and something tells me that it will be a big boom.

The same can be said for new altcoins, which are almost identical to each other, so the prospect of such coins will almost always tend towards zero. Altcoins are just speculation. Altcoins are definitely not to be trusted.
Identical project which mostly created to allure investors and scam away after, people need to be more curious before investing to any

assets that they think will give them the benefits. Thorough research and doing all the precautions to avoid being victimized, though there

are still potential projects that may provide decent profits but the percentage between good and bad projects is really a far.

You needed to work more with sorting and selecting the best one that you really trust.

If you look at the history of cryptocurrencies a little earlier, like 5-7 years ago, you might notice that other coins were at the top. Of course you have to do a thorough analysis of the projects, but still the chance of having to guess the future solana or avax is not very high.

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February 11, 2022, 09:13:31 AM
 #188

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.

Am yet to feel any impact of the so called metaverse in the market. It is just a hype. True to what you said about the public thinking that altcoins was going to boom in 2021 but that failed. Let us hope it happens this year. For that to happen it means bitcoin will have to bull again. That is not looking like it is prepared to happen any time soon. Many altcoins will disappear from the market because they will not be able to cope if there is no altcoin boom this year. Again, let us observe how the metaverse thing will work out, good or bad.

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February 11, 2022, 10:51:13 AM
 #189

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.
Many analyzes make studies about altcoins based on the trends that are raised by bitcoin, when bitcoin strengthens, the altcoins will be influenced by these trends, at least this is what we continue to see in this forum discussion, but actually there are other effects that affect altcoins continue to grow until now, I think there is no complete attachment between bitcoin and altcoins, because both have their own trends in development, in fact sometimes the hype is the one that is bigger affecting the two coins, this year we saw both bitcoin and altcoins stuck at a price that didn't move, meaning they tend to stagnate for a long time. prices this year, the price spike is expected to return to normal in the middle or end of the year.

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February 11, 2022, 12:57:44 PM
 #190

The market in 2022 started with a correction that has occurred since December, but in February the market improved again and this makes me optimistic that 2022 can be better than 2021, don't hesitate to buy and hold because I believe there will be a lot of new ATH in 2022 so we can make big profit.
Until two months market still correction and bitcoin under $43,000 and hard break with price $45,000. Maybe with cases Bitfinex exchange hacked and have under under arrest the hacker still not give not good speculation about bitcoin stolen, will back to bitfinex team or FBI take it and sold. I think higher amount stolen and have different price from 2016 until 2022 will give much profit for team want to sell bitcoin, maybe investor waiting with that amount will sell or hold.
apart from that for Bitcoin I never doubted it, before reaching its new ATH in 2021 bitcoin had experienced a deep price correction since 2018 and it was able to recover and even reach its latest price peak. and since Bitcoin existed I saw that sooner or later Bitcoin always reached its peak price. so for those who have known Bitcoin for a long time, they probably won't doubt it anymore.
for Altcoins in 2022 this will be greatly affected by the number of new enthusiasts who enter because currently the popularity of NFT and also the Metaverse project, maybe that will push the market for a price which as many speculated for Altcoins this year will be very high, I think that speculation very logical and I believe it will happen.

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February 11, 2022, 02:53:49 PM
 #191

2022 starts with a bear market and despite that am optimistic that good times are ahead of us, we can't always expect a continuous uptrend, there will always be time for correction, the most important thing that should matter is knowing when to sell and when to buy back,
This is where many investors are having issues, but once you are able to understand it correctly you won't feel sad even when the market is down because it gives you the opportunity to re-enter the market at a cheaper price.

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February 12, 2022, 12:13:46 AM
 #192

We still have more than 10 months, even though the market at the beginning of the year is still red but I am optimistic that 2022 can be better than 2021, this can be seen from the very large daily transaction volume and the many new projects that help the market to grow positively .
it seems that the beginning of the year has not been able to provide positive things but even though the first week of february there seems to have been a change, although it is still far from predictable. but if the pattern of last year in this month will be the same as now then of course there is good news that will be received. We know last February there was an increase which continues to move better, will this year follow last year? if indeed there will be an increase, We hope that so many new projects will grow.

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February 12, 2022, 02:33:25 PM
 #193

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.
Many analyzes make studies about altcoins based on the trends that are raised by bitcoin, when bitcoin strengthens, the altcoins will be influenced by these trends, at least this is what we continue to see in this forum discussion, but actually there are other effects that affect altcoins continue to grow until now, I think there is no complete attachment between bitcoin and altcoins, because both have their own trends in development, in fact sometimes the hype is the one that is bigger affecting the two coins, this year we saw both bitcoin and altcoins stuck at a price that didn't move, meaning they tend to stagnate for a long time. prices this year, the price spike is expected to return to normal in the middle or end of the year.
I think it is very difficult to currently predict when the great season of altcoins may be, that season that many have been waiting for, as they say, the season was presumed to start in 2021 because the price of BTC promised to reach very high levels, some even Wall Street investors said that BTC was going to reach the minimum $150k, however it was not like that and when everyone expected in December that it would reach a price of at least $100k, the price fell in price and is now in great volatility and With much more uncertainty than before, I think that these things are what have caused a good rise prediction to be given by altcoins, in fact I would not dare to predict, because as I see the market is very difficult.

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Pamadar
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February 14, 2022, 12:13:52 AM
 #194


I think it is very difficult to currently predict when the great season of altcoins may be, that season that many have been waiting for, as they say, the season was presumed to start in 2021 because the price of BTC promised to reach very high levels, some even Wall Street investors said that BTC was going to reach the minimum $150k, however it was not like that and when everyone expected in December that it would reach a price of at least $100k, the price fell in price and is now in great volatility and With much more uncertainty than before, I think that these things are what have caused a good rise prediction to be given by altcoins, in fact I would not dare to predict, because as I see the market is very difficult.



The market is still unpredictable if you are not use working with this kind of business better to hold

and plan everything. You will only lose your money if you push yourself without any good understanding of how the market move,
preventing to lose your money should be your priority. Keep doing your research and pick the project that you really trust, progress
and real case usages, even the coin is not moving at a fast pace as long as the team provides updates on the chance that it will be useful
and gain success is there.
SweetMochi24
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February 14, 2022, 06:51:55 AM
 #195

I believe the hype was created by many so-called analysts or predictors in order to entice investors, and many of us were duped as well. Altcoins did not perform as well as most traders expected. Anyway, You should also check DAO maker, they let you participate without staking any platform tokens but the pool would be competitive. This would disrupt the launchpad model. Going back, Web3 and Metaverse are currently in high demand, and I believe 2022 will be the year of Metaverse and Web3. 2021, in my opinion, was the year of Meme coins.
Devifajarina
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February 14, 2022, 09:22:43 AM
 #196

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.
Many analyzes make studies about altcoins based on the trends that are raised by bitcoin, when bitcoin strengthens, the altcoins will be influenced by these trends, at least this is what we continue to see in this forum discussion, but actually there are other effects that affect altcoins continue to grow until now, I think there is no complete attachment between bitcoin and altcoins, because both have their own trends in development, in fact sometimes the hype is the one that is bigger affecting the two coins, this year we saw both bitcoin and altcoins stuck at a price that didn't move, meaning they tend to stagnate for a long time. prices this year, the price spike is expected to return to normal in the middle or end of the year.
I think it is very difficult to currently predict when the great season of altcoins may be, that season that many have been waiting for, as they say, the season was presumed to start in 2021 because the price of BTC promised to reach very high levels, some even Wall Street investors said that BTC was going to reach the minimum $150k, however it was not like that and when everyone expected in December that it would reach a price of at least $100k, the price fell in price and is now in great volatility and With much more uncertainty than before, I think that these things are what have caused a good rise prediction to be given by altcoins, in fact I would not dare to predict, because as I see the market is very difficult.

Current conditions are indeed not easy to predict the price of each existing coin, but at least we must be able to avoid the risks that exist, so that the focus is not only on each coin, but more on potential coins, correction conditions also cannot produce anything for now, so it's better to wait and buy as a coin in the top 5, because when market conditions return to normal we can take advantage to sell it.

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Chato1977
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February 14, 2022, 09:49:59 AM
 #197

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.
because people tend to believe in stupid analyzation and  speculation , not because we are reading good news meaning we are really in good position.
because no matter what we wanted yet market will move because of the demand and supply and not because what we pray for .
judaspriest
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February 14, 2022, 10:53:16 AM
 #198

The market in 2022 started with a correction that has occurred since December, but in February the market improved again and this makes me optimistic that 2022 can be better than 2021, don't hesitate to buy and hold because I believe there will be a lot of new ATH in 2022 so we can make big profit.
True, I still hold that belief in the midst of the storm that is facing bitcoin today. We never know what will happen in the next few days, but I hope something good will happen in the near future. I think holding back is the only option for now, or even if we have the money, we buy as much bitcoin as we can.
If indeed the coins you have are potential coins I think deciding to keep holding is the right thing,
seeing the current conditions it is very good if we use it to buy Bitcoin or some other potential coins,
The most important thing is to just follow the news and developments hope his condition can recover soon

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February 14, 2022, 11:24:18 AM
 #199

Yes. it seems that this year, alt will dominate, which has the concept of nft and metaverse. because these two concepts are now very popular with the public, especially for online game lovers. so if there is a new project developing nft and metaverse in it will get big profit this year

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February 14, 2022, 11:53:04 AM
 #200


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

A lot of depends how many people use cryptocurrency. When market rise the adoption of cryptocurrency increases and more and more people use cryptocurrency.
But when market falls many people stop to use cryptocurrency.

People use cryptocurrency because the market rose. When market rise cryptocurrency becomes very popular and people use cryptocurrency for investment perposes.

The real supporters always use cryptocurrencies no matter what, the people who only enter and leave mostly because they use crypto for their money laundering, gambling, and others. In my country, many people start to know what is cryptocurrency and they try it because it becomes hype without any proper education. I pity those who lose their money because they're only follow along they hype.

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