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Author Topic: REASON WHY ALTCOIN MARKET HARD TO SPECULATE  (Read 746 times)
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March 09, 2022, 05:00:57 AM
 #21

But the bigger the profit we get, the greater the risk we risk.
Even though now the world of altcoins is getting bigger that can benefit us all, but we also have to look at the risks in the future.
Because altcoin prices don't always go up and always give profits.
Of course there will also be disputes, especially if the bitcoin price drops drastically, of course they will also follow the bitcoin price right.
Now the conditions have started to change and you can immediately see the market right now. Regarding the magnitude of the benefits and risks, it should happen to everyone because those who dare to take risks, obviously will get a lot of benefits if their conditions can really improve.

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March 09, 2022, 05:45:15 AM
 #22

But the bigger the profit we get, the greater the risk we risk.
Even though now the world of altcoins is getting bigger that can benefit us all, but we also have to look at the risks in the future.
Because altcoin prices don't always go up and always give profits.
Of course there will also be disputes, especially if the bitcoin price drops drastically, of course they will also follow the bitcoin price right.

Altcoins are too volatile even before. If we will focus into too many altcoins it will be hard  to assess and earn from it. Better study first their chart and market before investing. I experienced having too mamy different altcoins and not being able to monitor them all that cost me loss. It will be better to have atleast coins that we can focus in long term and in short term provided we know how to manage them properly since they are too volatile to handle.

Me too a few months ago before bitcoin and other altcoins went down like now I bought several different altcoins until I chose the wrong altcoin that I didn't deserve to keep in the long term until now I've lost a lot of money.
I just hope that if the price of my altcoin is at least a return on investment, I will be very grateful rather than not getting any benefits at all.
The selection of a good altcoin turns out to take a long time and is not easy.  Don't as long as the price is good, we buy it right away without us expecting that in the future the price will collapse like what I'm living now.

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March 09, 2022, 06:00:38 AM
 #23

If you keep an eye on many altcoins, it can leave you confused about when to trade.
Nowadays, altcoins are becoming more difficult to predict or analyze because they follow the movement of bitcoin, which is also difficult to analyze.
The number of new altcoins appearing on the market is one of the factors that trigger difficulties in speculating which altcoins have good movements and can go up and down as we want.
Traders and investors always want altcoins that have good movement in the market. Still, it is hard to come by because if the movement of bitcoin is unstable, this also makes the altcoin position unstable.
And that means altcoins will be more difficult to analyze but we can still buy and hold altcoins for a while and wait for the price to rise so we can sell them for profit.

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March 09, 2022, 07:10:45 AM
 #24

But the bigger the profit we get, the greater the risk we risk.
Even though now the world of altcoins is getting bigger that can benefit us all, but we also have to look at the risks in the future.
Because altcoin prices don't always go up and always give profits.
Of course there will also be disputes, especially if the bitcoin price drops drastically, of course they will also follow the bitcoin price right.
Now the conditions have started to change and you can immediately see the market right now. Regarding the magnitude of the benefits and risks, it should happen to everyone because those who dare to take risks, obviously will get a lot of benefits if their conditions can really improve.
The market is not really stable and can still change at any time, so keep up with the developments.
whose name is taking risks, there must be ones that end up getting a profit or otherwise getting a loss,
So even in taking risks, we can't just make a decision, we need to analyze it first and then decide whether to take the risk or not

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March 09, 2022, 08:08:26 AM
 #25

I think the reason why the altcoin market is very difficult to predict is because crypto is very volatile so we are required to proactively monitor the movement of the assets we have, especially if we store too many shitcoins, these coins have a very high risk to be stored in the long term, but if You keep some altcoins that have bright prospects such as BTC, ETH, BNB, SOLANA, ADA, and DOT, you have a great opportunity to be able to get higher profits in the future.

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March 09, 2022, 09:06:21 AM
 #26

Because altcoin world is too large comparing to single currency on top BITCOIN, how can you speculate a thousand currencies when bitcoin is just there always to show what is the movement in front of us.

and besides why need to expect in altcoins when there is bitcoin that safer and worth trusting .
Bitcoin is indeed the safest in crypto but we are here to make profits, so diversify your portfolio. The bigger the altcoins world, the bigger our chances of making a profit. There have been many successful altcoins not just bitcoin.
This market is made up of not only bitcoin but also altcoins. New trends constantly creating in the market are the main reason driving the development of the entire cryptocurrency market.
Indeed that since there are thousands of Altcoin in circulation the chance of making huge profit is also there and that is the reality here, but one thing that matters everytime and that is How to find this profiting currency? same reason why many are investing in Bitcoin even if this took them long time before managing to earn because it is the safest and the most trusted one.
if you can manage to track which currency will move in that certain time? then you will surely be in profit .

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March 09, 2022, 09:18:11 AM
 #27

that's why there must be a hardcap supply. To be honest volatility is the main thing that makes altcoin market is hard to speculate compared with another major coins like bitcoin.
The pump and dump can occur anytime and it's not about the more circulating supply was preventing the price to go up and it's not like that. I think that you didn't understand how volatility was working. As long as there would be a hardcap for the total supply and people will always try to buy the token. It has nothing to do with the circulating supply but the only bad thing as this gives a little contribution to prevent the pump as people are dumping their tokens to the market.
Don't you even see those who have grown from the bottom to the moon like doge coin or shiba inu? have you ever talked about how many the tokens in their circulating supply?

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March 09, 2022, 11:34:28 AM
 #28

Altcoin is hard to speculate know why? because they are full of shit , most of them are scammer and most have no future at all.
It's not completely bullshit but indeed the average altcoin project now has no future and just follows the trend of hype, for example, meme coins that take advantage of prices that go up once and then fall deeper and that's what's hard to speculate.
If it's an old project and it can stay at the top of Coinmarketcap then we can see their development and of course this speculation can be done on projects with their goals and products.
Yups i did not mentioned that everything is shit but at least majority of them so i said it's Full of Shit.

there are altcoin that already brings me profit from the past, but at least those are the coins that still in the top list lol.  Grin Grin Grin

But let us speculate using our risking funds and not our most saved funding .









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March 09, 2022, 04:32:56 PM
 #29

Even if the project has been starting through ICO and is not it there was an agreement about how much fixed coins in the circulating supply? The majority of tokens and coins these days are using POS consensus and this coin and token can't be minted like when you are seeing POW coin with no total supply that can be easily minted to be dumped into the market. I think that the correlation is so weak. There's no point to stand with this statement. If there will be more buyers and tokens minted will become no problem for price. The price can still increase althought minted token gets dumped so hard.
This must be straight with the increase of demand for the tokens. SLP will give you example what worst inflation that was affecting the price.

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March 09, 2022, 04:55:46 PM
 #30

that's why there must be a hardcap supply. To be honest volatility is the main thing that makes altcoin market is hard to speculate compared with another major coins like bitcoin.
The pump and dump can occur anytime and it's not about the more circulating supply was preventing the price to go up and it's not like that. I think that you didn't understand how volatility was working. As long as there would be a hardcap for the total supply and people will always try to buy the token. It has nothing to do with the circulating supply but the only bad thing as this gives a little contribution to prevent the pump as people are dumping their tokens to the market.
Don't you even see those who have grown from the bottom to the moon like doge coin or shiba inu? have you ever talked about how many the tokens in their circulating supply?
But, what causes volatility? There must be a reason behind it. The volatility of bitcoin is natural because it's decentralized while a centralized altcoin is more prone to manipulation, that is why I think they are easy to speculate than bitcoin.

Yup, it's not only the supply that prevents the price from rising because even a high supply coin can rise unexpectedly just like on dogecoin. No one ever expects that it will kill too many zeroes which resulted in 0.1 price right now. Hype and other factors can also be a reason. Understanding how volatility works or what causes it is a must thing that one should have before engaging here so that the risks of losing can be minimize.

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March 09, 2022, 06:02:45 PM
 #31

There are two natures of speculation, that is, it can be true and it can be false. It is a certainty and cannot be changed.
Even if what we research will get data that will be very good at creating speculations that can be considered profitable for us to make decisions, but indeed we also cannot be completely sure that the speculations that we do will become reality because again it can happen and can happen. that just can't come true either

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March 09, 2022, 09:42:41 PM
 #32

It's not completely bullshit but indeed the average altcoin project now has no future and just follows the trend of hype, for example, meme coins that take advantage of prices that go up once and then fall deeper and that's what's hard to speculate.
If it's an old project and it can stay at the top of Coinmarketcap then we can see their development and of course this speculation can be done on projects with their goals and products.
Yups i did not mentioned that everything is shit but at least majority of them so i said it's Full of Shit.

there are altcoin that already brings me profit from the past, but at least those are the coins that still in the top list lol.  Grin Grin Grin

But let us speculate using our risking funds and not our most saved funding .
I would say that the reason why there are so many shitcoins out there is the fact that we are talking about a market that is so volatile and also so much filled with shitcoins and scams. I mean if you removed all the ones that were created just so the creator could make some money as well, when the creator of a project has absolutely no focus on making money (if they do, it is fine but that is not the point for them), then you will be left with maybe like 100 decent coins.

Even at the top there are so many, USDT is like that, XRP is 100% openly about that, USDC is definitely about that, Terra is about that, and these are just the top ones. Go below top 100 and 99.99% of them are like that. So, it is really hard to find legit ones.

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March 09, 2022, 09:50:33 PM
 #33

It's not completely bullshit but indeed the average altcoin project now has no future and just follows the trend of hype, for example, meme coins that take advantage of prices that go up once and then fall deeper and that's what's hard to speculate.
If it's an old project and it can stay at the top of Coinmarketcap then we can see their development and of course this speculation can be done on projects with their goals and products.
Yups i did not mentioned that everything is shit but at least majority of them so i said it's Full of Shit.

there are altcoin that already brings me profit from the past, but at least those are the coins that still in the top list lol.  Grin Grin Grin

But let us speculate using our risking funds and not our most saved funding .
I would say that the reason why there are so many shitcoins out there is the fact that we are talking about a market that is so volatile and also so much filled with shitcoins and scams. I mean if you removed all the ones that were created just so the creator could make some money as well, when the creator of a project has absolutely no focus on making money (if they do, it is fine but that is not the point for them), then you will be left with maybe like 100 decent coins.

Even at the top there are so many, USDT is like that, XRP is 100% openly about that, USDC is definitely about that, Terra is about that, and these are just the top ones. Go below top 100 and 99.99% of them are like that. So, it is really hard to find legit ones.

This is the repercussion of having no authority to regulate the creation of coins. Everyone can basically create their own coin at their own disposal. Though we like it this way, however, it is now on you how to take care of your own business when it comes to investing these coins. Also, being anonymous in this market is very common, the reason why it is proliferated by scammers because they can deploy their project without disclosing their identities. And so they can disappear anytime they want. Indeed, only few are worth to take a look at. But there are newcomers that can easily fall from the bait of these fraudsters, hence, these scammers are relying from these naive users.
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March 10, 2022, 04:24:28 AM
 #34

Because altcoin world is too large comparing to single currency on top BITCOIN, how can you speculate a thousand currencies when bitcoin is just there always to show what is the movement in front of us.

and besides why need to expect in altcoins when there is bitcoin that safer and worth trusting .
Bitcoin is indeed the safest in crypto but we are here to make profits, so diversify your portfolio. The bigger the altcoins world, the bigger our chances of making a profit. There have been many successful altcoins not just bitcoin.
This market is made up of not only bitcoin but also altcoins. New trends constantly creating in the market are the main reason driving the development of the entire cryptocurrency market.

But the bigger the profit we get, the greater the risk we risk.
Even though now the world of altcoins is getting bigger that can benefit us all, but we also have to look at the risks in the future.
Because altcoin prices don't always go up and always give profits.
Of course there will also be disputes, especially if the bitcoin price drops drastically, of course they will also follow the bitcoin price right.
Those who invest in bitcoin from day one are also taking big risks, because no one would think bitcoin today is worth a thousand times that made them rich. Same goes for altcoins, if we research, choose and believe in what we do, success will still come to us.
I am not saying don't invest in bitcoin but manage your capital properly to get good returns. Because investing is always risky.

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March 10, 2022, 07:00:32 AM
 #35

More coin minted will be giving more inflation to the token. As far as i can see that if this has nothing to do with the speculation or difficulty to predict the price. Doge coin has proven it if that was a wrong statement and why? new coin being minted in the daily basis and it has no total supply means the inflation will remain forever but as you can see the big demand can bring the price of doge worth almost 1 dollar last year and that's enough to call your statement is not even true.
This is based on the fact that already happened in the market. I can even mention more coin or token to prove your statement was totally wrong.
The manipulation is making the market is hard to predict and it's not about the inflation caused by the new coin being minted everyday for the POW coins.

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March 10, 2022, 07:59:24 AM
 #36

Theory developed exceptionally wild and made the market free for all. this is one type of hypothesis that creates in altcoins. or on the other hand there is likewise hypothesis connected with image coin. Assuming that it's an old task and it can remain at the highest point of Coinmarketcap then we can see their turn of events and obviously this hypothesis should be possible on projects with their objectives and items.


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Odusko (OP)
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March 10, 2022, 09:05:17 AM
 #37

But your account was just created last year, meaning is this your new account?
I first heard and read about Bitcoin in 2015 and since then I have gained a lot of knowledge about Bitcoin so I was well informed when the altcoin boom of 2017 happened, quite a large number of cryptocurrency users are not aware of this forum but gradually they beginning to be aware of bitcointalk and are coming on board.

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March 10, 2022, 09:51:52 AM
 #38

I first heard and read about Bitcoin in 2015 and since then I have gained a lot of knowledge about Bitcoin so I was well informed when the altcoin boom of 2017 happened, quite a large number of cryptocurrency users are not aware of this forum but gradually they beginning to be aware of bitcointalk and are coming on board.
It would be amazing if you had time to enter this forum in 2015, so you can be at Legendary rank for now and get a lot of benefits through bounties in 2017. But I saw you enter this forum on December 12, 2021 and that is too late in my opinion.
So how did you find out about the altcoin boom of 2017 Huh because I think it's very strange.

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kotajikikox
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March 10, 2022, 10:57:45 AM
 #39

I first heard and read about Bitcoin in 2015 and since then I have gained a lot of knowledge about Bitcoin so I was well informed when the altcoin boom of 2017 happened, quite a large number of cryptocurrency users are not aware of this forum but gradually they beginning to be aware of bitcointalk and are coming on board.
It would be amazing if you had time to enter this forum in 2015, so you can be at Legendary rank for now and get a lot of benefits through bounties in 2017. But I saw you enter this forum on December 12, 2021 and that is too late in my opinion.
So how did you find out about the altcoin boom of 2017 Huh because I think it's very strange.
well it does not need to be legendary  for them to invest here in this market , yeah it is an advantage to us who works here for payment but there are many members here that care nothing about the signature campaign at all.
they are investing and trading mate,  and not aware of what they can earn in signature campaining.
but yes it would be nice if he enters the forum that time because that would bring Him more knowledge and understanding in all areas of the market.

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March 10, 2022, 01:26:50 PM
 #40

Altcoins lose value faster than BTC is that's what you need to hear, a 10% loss in price of BTC can tank 30% or more off any altcoins this is why I only invest 30% of money into altcoins and 70% into BTC, the best store of value after stable coins is BTC.
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