Bitcoin Forum
May 22, 2024, 04:11:31 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 6 »  All
  Print  
Author Topic: Can some AltCoins pump during bear markets ?  (Read 476 times)
Ziskinberg
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 636


For campaign management look for Little Mouse!


View Profile
May 21, 2022, 11:27:15 AM
 #21

If someone has been too influential in the market, this seems possible.
I'd remember how Elon Musk does with Dogecoin, it wasn't during the bear season but it can be the same scenario, HYPES. However, this is not very usual to see during the bear season, people are too careful when buying projects,s and many were preferred to just hold and buy known coins like Bitcoin and ETH.

Like other says, it will just pump for a very short period of time and is often not noticed by the others.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Dessy88
Full Member
***
Offline Offline

Activity: 1050
Merit: 100


Vave.com


View Profile
May 21, 2022, 11:44:59 AM
 #22

Patient investors are waiting for the bear market to sell their tokens. My guess is that the bear market will get a lot of sellers and then there will be very few buyers but the account of big investors is different. myself i am waiting for the next bear market because I have bought some number of tokens which I will sell in bear narket.

Wildwest
Sr. Member
****
Offline Offline

Activity: 1730
Merit: 315


Enterapp Pre-Sale Live


View Profile
May 21, 2022, 12:10:20 PM
 #23

This has happened in the past year and at that time the value of bitcoin was falling and there were some altcoins that remained and also experienced an increase but the increase that occurred did not last long, because the situation at that time was very hot but some investors could indeed benefit because their predictions at that time were right and very brave to take action to hold the altcoin, When a bear market occurs, there are only a few opportunities that we can get.

█████████████████████
█████████████████████████
█████████▀▀▀▀▀▀▀█████████
██████▀███████████▀██████
█████▀███▄▄▄▄▄▄▄███▀█████
████████▀▀▀▀▀▀▀▀▀████████
█████████████████████████
█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████
█████████████████████████
██████▄███████████▄██████
█████████▄▄▄▄▄▄▄█████████
█████████████████████████
█████████████████████
██████████
██
██
██
██
██
██
██

██

██

██

██

██████████
 
CRYPTO WEBNEOBANK
██████████
██
██
██
██
██
██
██

██

██

██

██

██████████
▄▄███████▄▄
▄███████████████▄
▄██████░░░░░░░░░░███▄
▄████▄▄███████▄▄░░░██▄
▄█████████████████░░░██▄
████░░▄▄▄▄▄▄▄▄▄░░░░░░░░██
████░░██████████░░░░░░░██
████░░▀▀▀▀▀▀▀▀▀░░░░░░░░██
▀█████████████████░░░██▀
▀████▀▀███████▀▀░░░██▀
▀██████░░░░░░░░░░███▀
▀███████████████▀
▀▀███████▀▀
uelque
Full Member
***
Offline Offline

Activity: 812
Merit: 126


View Profile WWW
May 21, 2022, 12:14:39 PM
 #24

Just like most of them said, It won't last long. I remember a friend of mine was investing and trading altcoins that pumps back 2018 during bear market. As far as I can remember he gain some good profit back then because he's always buying stuff. Lol. But I believe all of them dip hard after and the pump did not even last for a week. So be very smart and careful if ever you want to take advantage of few altcoins that are currently pumping now, it is just temporary. As long as we are in a bear market, majority would follow.
davincicode666
Sr. Member
****
Offline Offline

Activity: 344
Merit: 250


View Profile
May 21, 2022, 01:05:25 PM
 #25

Patient investors are waiting for the bear market to sell their tokens. My guess is that the bear market will get a lot of sellers and then there will be very few buyers but the account of big investors is different. myself i am waiting for the next bear market because I have bought some number of tokens which I will sell in bear narket.
Actually now the market conditions are still in the bear category so you can still make some purchases on the coins or tokens that you like at this time as long as the price is still in a declining position because if you wait for the next bear market it might take a little longer for you to wait for it to arrive.
danherbias07
Legendary
*
Offline Offline

Activity: 3136
Merit: 1119


Leading Crypto Sports Betting & Casino Platform


View Profile
May 21, 2022, 01:30:59 PM
 #26

Careful finding those types of coins, could be a trap.
This is not the era anymore where Bitcoin dumps, and altcoin pumps. Why? How? Stablecoins. Before, investors would sell their Bitcoin in exchange for an altcoin but now, they can safely put it in a stable coin and wait for a big dump and then buy back. Easy way to increase the amount of Bitcoin in your wallet.
But there might be some who will survive, just do your research before buying. Don't let the green light fool you.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
TheUltraElite
Legendary
*
Offline Offline

Activity: 2884
Merit: 1223


Call your grandparents and tell them you love them


View Profile WWW
May 21, 2022, 02:17:15 PM
 #27

For those who lived during the past bear market ( 2018 /2019 ):
-snip-
I personally exited the market almost entirely, plan to re enter when Bitcoin hits 15K or even lower. Then again I've noticed some alts coming desperately close to the negative 98% mark... you have to wonder how much lower can they go
I have been through the market from 2016, and personally I have felt that bitcoin at low price is always better than any altcoin at any price. There is no guarantee that bitcoin will not fall but its community support and the demand to buy bitcoin is huge as soon as its price drops, hence it will not drop too easily. But for altcoins, the community hands are often weak and they tend to topple at every other happening event.

The decision to buy is simple from the last few years chart. Just that new investors often tend to cheap out and go for altcoin instead of fractional bitcoin amounts. As long as one remembers that every satoshi matters, this will not be the case.

Buying bitcoin is always the better option as shown historically.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Tony116
Legendary
*
Offline Offline

Activity: 2156
Merit: 1023


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 21, 2022, 02:46:04 PM
 #28

It happens but not much, it depends on the development roadmap of the project. Assume the bear market will continue and last until 2024 and according to Vitalik Buterin's announcement, the upgrade to ETH2.0 will take place in August of this year. If all goes well and we are still in the bear season then I believe ETH price increase is normal, even will be waxing strong as it is an important milestone marking the development of a potential coin.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Wiwo
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 687


View Profile WWW
May 21, 2022, 03:41:04 PM
 #29

Yes, I have seen some altcoin steadily increasing in price even in this bear market, I have some tokens in my portfolio that have kept rising steadily since the start of the bear market, and this to mend has not stopped growing so we have some exceptional coins that can rise to a significant level even in the worst bear market such as what we are seeing now.
evilgreed
Sr. Member
****
Offline Offline

Activity: 728
Merit: 266



View Profile
May 21, 2022, 04:31:48 PM
 #30

               Pumps do happen sometimes to altcoins on bearish times but not that often and it barely even lasts long. I personally don't bank on such altcoin pumps on bearish times. Chasing pumps is already too tedious and draining on a bullish market. Just imagine how hard it would be on bearish times. I'd rather use my extra funds for buying good coins that I like or DCA on the ones I already have. Not only does this make my crypto life easier, it also saves me from all the stress and potential losses. Still though, if you have the time to keep track with the news and other updates about the pumping coin you wanna chase and are pretty confident with your capabilities, then it's worth the shot.


╔═╗┬ ┬ ┬┌─┐┬┌─┐┌┐┌
║╣ │ └┬┘└─┐│├─┤│││
╚═╝┴─┘┴ └─┘┴┴ ┴┘└┘



Next generation reserve backed token for the decentralized web
   Stake and bond to earn up to 1000% APY
█████










█████

██████████████████████████████████████████████████████

JOIN ELYSIAN FINANCE

██████████████████████████████████████████████████████

█████
    █
    █
    █
    █
    █
    █
    █
    █
    █
    █
█████
tvplus006
Legendary
*
Offline Offline

Activity: 2310
Merit: 1668


To the Moon


View Profile WWW
May 21, 2022, 05:59:45 PM
 #31

Can AltCoins go against the larger trend and actually pump nicely during a bear market ?..

If the team has prepared a decent update, then such news will necessarily entail an increase in the price of the coin. The same applies to news about partnerships with large companies, as well as the listing of coins on major cryptocurrency exchanges, which usually entail a short-term pump.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
Silberman
Legendary
*
Offline Offline

Activity: 2520
Merit: 1336


View Profile
May 21, 2022, 09:43:15 PM
 #32

For those who lived during the past bear market ( 2018 /2019 ):

Can AltCoins go against the larger trend and actually pump nicely during a bear market ? I know there was a bit of a pump in 2019, so I don't know.. but right now I'm seeing Gods Unchained, Ox and a few other coins pump even if Bitcoin's Market dominance is still well over 42 %. Lets not also forget the market is still in a downtrend headed for lower lows at the moment. So would there be any point in trying to FOMO into altcoins pumping ?
I personally exited the market almost entirely, plan to re enter when Bitcoin hits 15K or even lower. Then again I've noticed some alts coming desperately close to the negative 98% mark... you have to wonder how much lower can they go
There are some altcoins that can move positively during a bear market but they are a minority and it is very difficult for them to sustain that positive movement on their own, because even if the coin was any good people are afraid about what it could happen next and as such this will diminish substantially the amount of people that could be interested in such coin, however I will also suggest that you are open to adapt and change your strategy as I do not think we are ever going to see bitcoin touching the 15k level again
Johnyz
Full Member
***
Offline Offline

Activity: 2086
Merit: 193


View Profile
May 21, 2022, 09:48:33 PM
 #33

Can AltCoins go against the larger trend and actually pump nicely during a bear market ?..

If the team has prepared a decent update, then such news will necessarily entail an increase in the price of the coin. The same applies to news about partnerships with large companies, as well as the listing of coins on major cryptocurrency exchanges, which usually entail a short-term pump.
Good updates can pump the price but since its bear market, this is the usual scenario they dump again after the hype of that update but that’s ok since they have the good updates, in long term it can be a good one for the project itself. Some coins/tokens can still pump in bear even if there’s no update, whales are not just sitting behind since they are also looking for a potential project to pump, if you are lucky to spot good coins/tokens in bear better to buy some.
nurilham
Sr. Member
****
Offline Offline

Activity: 1456
Merit: 436


duelbits.com


View Profile
May 21, 2022, 10:30:53 PM
 #34

For those who lived during the past bear market ( 2018 /2019 ):

Can AltCoins go against the larger trend and actually pump nicely during a bear market ?
The chance is very small.
So far, I didn't find this that is pumped during the bear market moreover can survive at the top price. Except that the pump is influenced by the FOMO. So, it will be probably. However, if this is so, it means that you must be careful in this project because commonly the pump will be only a few moments. The least is that the price will dump and keep dumping until becoming shitcoin. Yes, that is the common fact happened to some new projects during the bearish market era.

Patient investors are waiting for the bear market to sell their tokens.
Honestly, I can't think about this, how can patient investors be waiting for the bear market to sell? COmmonly, in a bear market, they will hold the coins and wait for the bull market to sell right? because bull market will be commonly identical with pump price, right?

.
Duelbits
█▀▀▀▀▀











█▄▄▄▄▄▄▄
TRY OUR
  NEW  UNIQUE
GAMES!
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
DICE 
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
███████████████████████████████
███▀▀                     ▀▀███
███    ▄▄▄▄         ▄▄▄▄    ███
███   ██████       ██████   ███
███   ▀████▀       ▀████▀   ███
███                         ███
███                         ███
███                         ███
███   ▄████▄       ▄████▄   ███
███   ██████       ██████   ███
███    ▀▀▀▀         ▀▀▀▀    ███
███▄▄                     ▄▄███
███████████████████████████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
MINES 
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
███████████████████████████████
████████████████████████▄▀▄████
██████████████▀▄▄▄▀█████▄▀▄████
████████████▀ █████▄▀████ █████
██████████      █████▄▀▀▄██████
███████▀          ▀████████████
█████▀              ▀██████████
█████                ██████████
████▌                ▐█████████
█████                ██████████
██████▄            ▄███████████
████████▄▄      ▄▄█████████████
███████████████████████████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
PLINKO 
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
███████████████████████████████
█████████▀▀▀       ▀▀▀█████████
██████▀  ▄▄███ ███      ▀██████
█████  ▄▀▀                █████
████  ▀                    ████
███                         ███
███                         ███
███                         ███
████                       ████
█████                     █████
██████▄                 ▄██████
█████████▄▄▄       ▄▄▄█████████
███████████████████████████████
10,000x
MULTIPLIER
▀▀▀▀▀█











▄▄▄▄▄█
24Kt
Member
**
Offline Offline

Activity: 1092
Merit: 67


View Profile
May 21, 2022, 10:44:40 PM
 #35

For those who lived during the past bear market ( 2018 /2019 ):

Can AltCoins go against the larger trend and actually pump nicely during a bear market ?
The chance is very small.
So far, I didn't find this that is pumped during the bear market moreover can survive at the top price. Except that the pump is influenced by the FOMO. So, it will be probably. However, if this is so, it means that you must be careful in this project because commonly the pump will be only a few moments. The least is that the price will dump and keep dumping until becoming shitcoin. Yes, that is the common fact happened to some new projects during the bearish market era.

Patient investors are waiting for the bear market to sell their tokens.
Honestly, I can't think about this, how can patient investors be waiting for the bear market to sell? COmmonly, in a bear market, they will hold the coins and wait for the bull market to sell right? because bull market will be commonly identical with pump price, right?

Once this kind of coin is pumped, expect that it will go downhill fast with no recovery on the horizon. Also, you can see the trading volume of the coin being pumped. Because if it is only small, it means, a group or the team is manipulating it in the market to deceive some traders that they are having high percentage of change in the market. But if you look at the volume, it is only small. So you should not be tempted of investing on that type of coin. Because you will find our real quick that they are for short term gains.
RussiaUkraineTranslation
Jr. Member
*
Offline Offline

Activity: 224
Merit: 1


View Profile
May 21, 2022, 10:52:29 PM
 #36

Chainlink was the only token in my portfolio that was bear market resistant. I hope it will do it again.
Yamifoud
Hero Member
*****
Offline Offline

Activity: 2758
Merit: 517


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 21, 2022, 11:00:17 PM
 #37

Can AltCoins go against the larger trend and actually pump nicely during a bear market ?..

If the team has prepared a decent update, then such news will necessarily entail an increase in the price of the coin. The same applies to news about partnerships with large companies, as well as the listing of coins on major cryptocurrency exchanges, which usually entail a short-term pump.
Just like it happen to Shiba Inu, prices went up as they got listed in Binance exchanges. It was such a pumping factor that the majority of the projects that exists were missing. It could be practical to invest in them, yet we can just ignore any possible scams that exist as it already happen. Binance and many other (reputable exchanges ) delist tokens/coins due to incapability and devaluation.
Considering the current situation, only a slim chance that altcoins will pump with their own, many could be in the influence of manipulation.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
tvplus006
Legendary
*
Offline Offline

Activity: 2310
Merit: 1668


To the Moon


View Profile WWW
May 22, 2022, 06:28:22 AM
 #38

...Binance and many other (reputable exchanges ) delist tokens/coins due to incapability and devaluation.

I used to think so too, but after dumping Luna and delisting this coin on Binance and other exchanges, I see that the situation is generally incomprehensible. The coin, which has lost 99.9% in price, is again traded on Binance after delisting, contrary to the rules of the cryptocurrency exchange. This indicates that the rules are applied selectively.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
hashrateproducts
Full Member
***
Offline Offline

Activity: 560
Merit: 143


Active 24/7


View Profile
May 22, 2022, 06:35:00 AM
 #39

Luna is a failed projects, it's also consider as a shitcoin and a memecoin recently in the market. The value deflated, leaving many investors to be stranded and losses Hugh funds in their wallets. The people it affects the most was the long term holders of Luna, they bought it when it was $100 or above, and when the bear market came, Luna wasn't up to a dollar. Tragedy and liquidation hits the investors and most of them couldn't recover from their big loss. Perhaps this is also applicable to alt coins, although some still pump during the bear market, this is very possible because not all coins will fall during the bear market and not all alt coins will also pump during the Bull market, that's just the basis of Crypto.

Free space
Silberman
Legendary
*
Offline Offline

Activity: 2520
Merit: 1336


View Profile
May 25, 2022, 09:08:14 PM
 #40

...Binance and many other (reputable exchanges ) delist tokens/coins due to incapability and devaluation.

I used to think so too, but after dumping Luna and delisting this coin on Binance and other exchanges, I see that the situation is generally incomprehensible. The coin, which has lost 99.9% in price, is again traded on Binance after delisting, contrary to the rules of the cryptocurrency exchange. This indicates that the rules are applied selectively.
If I remember correctly the binance exchange has a big position on Luna, if I am indeed correct then at least to me it is obvious that what they are pursuing is for the coin to recover and then begin to exit their position slowly so they can regain some of the money they lost, and then after some time has passed they may once again delist the coin and let someone else become the bag holder while they get some money out of the disaster formerly known as Terra Luna.
Pages: « 1 [2] 3 4 5 6 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!