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Author Topic: Altcoins dead?  (Read 4570 times)
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January 03, 2023, 07:46:35 AM
 #141

There are too many scams in altcoins, but the crypto market is not dying. There are new coins coming out all the time. It is true that too many people have left the cryptocurrency market, they do not believe that there are good projects, but I think there will still be good projects. After such a long period of precipitation. In the cryptocurrency market, I mainly make money through altcoins. Of course I also invest in Bitcoin, I think that is just a means of storage. The real money still needs altcoins.
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January 03, 2023, 02:35:25 PM
 #142

Of course, in this long period of crypto winter, a significant part of altcoins will not survive, but this does not mean at all that altcoins will die in general. Potential projects will continue to develop. Only the weak and useless will die. For the cryptocurrency market, this ensures the further development of the cryptocurrency. True, the recent scandals with some of them do not add credibility to the cryptocurrency. But there are never ideal conditions.

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January 03, 2023, 04:02:37 PM
 #143

for sure right now altcoins have encountered a ton of decline and as of not long ago there have been no indications of expanding once more, yet as I would like to think this isn't the finish of altcoin development, on the grounds that the ongoing downfall isn't similar to the decrease in crypto in 2018, where crypto has an extremely profound decay around then, after its we can see altcoins fill quickly in the next year, I prescribe for fledglings to begin effective financial planning with altcoins now since they are entirely reasonable,

Altcoins are really depending on the value of BTC, and if the price of Altcoin goes uptrend then some whales are pumping it. And, altcoins are really worth it to hold if it will go up in the future and that is why we need to only invest what we think an altcoin can last long and you think that is worth for a long term asset.
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January 26, 2023, 12:54:00 AM
 #144

Of course, in this long period of crypto winter, a significant part of altcoins will not survive, but this does not mean at all that altcoins will die in general. Potential projects will continue to develop. Only the weak and useless will die. For the cryptocurrency market, this ensures the further development of the cryptocurrency. True, the recent scandals with some of them do not add credibility to the cryptocurrency. But there are never ideal conditions.
altcoins will continue to grow and will continue to exist, because there will be many new projects that are good and acceptable to investors. This new altcoin will accompany the old altcoin which has survived to this day, because it continues to develop properly. although altcoins do follow the state of affairs of bitcoin, we know that currently bitcoin is not doing well, so there are not a few altcoins that cannot survive.
but I agree with you mate, that altcoins will not die, because there are quite a few new ones growing and the old ones have been able to survive until now, but we cannot rule out the fact that there has indeed been a sluggishness, which has indeed been going on for quite a while.
I believe there will be a time when crypto will soon be excited including altcoins, maybe the era of the halving period will come, so be patient.

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January 26, 2023, 02:34:25 AM
 #145

for sure right now altcoins have encountered a ton of decline and as of not long ago there have been no indications of expanding once more, yet as I would like to think this isn't the finish of altcoin development, on the grounds that the ongoing downfall isn't similar to the decrease in crypto in 2018, where crypto has an extremely profound decay around then, after its we can see altcoins fill quickly in the next year, I prescribe for fledglings to begin effective financial planning with altcoins now since they are entirely reasonable,

Altcoins are really depending on the value of BTC, and if the price of Altcoin goes uptrend then some whales are pumping it. And, altcoins are really worth it to hold if it will go up in the future and that is why we need to only invest what we think an altcoin can last long and you think that is worth for a long term asset.
The price of Altcoins will increase only when the price of Bitcoin will increase. If the price of Bitcoin is increasing now then the price of all Altcoins will increase in few days. But I have invested in several places including Altcoins and hope I will get a big amount of profit from here.  And if the price of all the coins is dumping more, I will have to bear a big loss. I am very worried now, I had a big loss before. Now let's see what happens to me.


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January 26, 2023, 04:59:40 AM
 #146


The price of Altcoins will increase only when the price of Bitcoin will increase. If the price of Bitcoin is increasing now then the price of all Altcoins will increase in few days. But I have invested in several places including Altcoins and hope I will get a big amount of profit from here.  And if the price of all the coins is dumping more, I will have to bear a big loss. I am very worried now, I had a big loss before. Now let's see what happens to me.
It cannot be released because bitcoin can be said to be one of the sources. When they go up, there is a possibility that altcoins will follow, but when they crash, altcoins have no hope of flying no matter what.
As for your expectations, actually it depends on what coin you are buying right now because the hope is still there, it just depends on what you have if it is a shitcoin or some meme coin then I don't have much hope for a reversal.



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January 26, 2023, 08:36:49 AM
 #147

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?

my view is that ETH, ADA, XRP, TRON will likely continue to survive in the market and will not die. it is due to the many developments of the crypto and the full support of their team and developers. it's different with Altcoins that die on the market, maybe Altcoins that suddenly die don't have full support from their company, in my opinion it's like that

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January 26, 2023, 08:52:06 AM
 #148


The price of Altcoins will increase only when the price of Bitcoin will increase. If the price of Bitcoin is increasing now then the price of all Altcoins will increase in few days. But I have invested in several places including Altcoins and hope I will get a big amount of profit from here.  And if the price of all the coins is dumping more, I will have to bear a big loss. I am very worried now, I had a big loss before. Now let's see what happens to me.
It cannot be released because bitcoin can be said to be one of the sources. When they go up, there is a possibility that altcoins will follow, but when they crash, altcoins have no hope of flying no matter what.
As for your expectations, actually it depends on what coin you are buying right now because the hope is still there, it just depends on what you have if it is a shitcoin or some meme coin then I don't have much hope for a reversal.



Basically until now the movement of Bitcoin still has a strong influence on altcoins,
like when Bitcoin goes up then altcoins tend to experience the same thing and vice versa too,
hoping big on shitcoin or meme coins I think it's useless and just a waste of time.
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January 26, 2023, 09:35:01 AM
 #149

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
most of the altcoins have no value or are dead it is caused by the absence of large enthusiasts, it is also caused by the absence of use cases for these altcoins in the future. that is, if on the roadmap an altcoin has no future use cases then the altcoin will disappear by itself in the market. i think so.
but it's different with Altcoins like ETH, ADA, XRP, TRON, this in my opinion will be very valuable in the future and even now

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January 26, 2023, 01:28:30 PM
 #150

Some coin will less favorable each time cycle end or began, eth still king of alts, no matter new alt emerge, pumper still favorable creating new coin from thin air and dumping to retail, new catalyst is need for each new cycle, old coin cannot adapt to new things will began to fall

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January 26, 2023, 06:54:03 PM
 #151

I think this time market situation is very better campare to past so according to my experience is that anyone wants to invest in cryptocurrency so must choose a strong project in this time market is good so if you choose strong project definitely you will get profit.

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January 26, 2023, 07:24:00 PM
 #152

There are too many scams in altcoins, but the crypto market is not dying. There are new coins coming out all the time. It is true that too many people have left the cryptocurrency market, they do not believe that there are good projects, but I think there will still be good projects. After such a long period of precipitation. In the cryptocurrency market, I mainly make money through altcoins. Of course I also invest in Bitcoin, I think that is just a means of storage. The real money still needs altcoins.
The way people are getting scammed with altcoins are massive and if this continues, we might have to ask a lot of questions because scammers find it as an opportunity to develop altcoins project and promote it through influencers that are only after getting paid alone and nit interested to clarify and check if the project if the project is genuine before going ahead to promote it. The mistakes do end up with newbies that know nothing about altcoins and how it can be used to scam potential investors. We need to be extra ordinary careful about investing in altcoins or else we might be a victim.

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January 26, 2023, 08:17:20 PM
 #153

    OLD is Gold is my belief but Just in favor of BTC yes on some level I can accept your mentions too. But there too i want to edit these with my personal experience and future predictions. And in reply to OP tittle  think ALts play important role in crypto market but always do remember
BTC>ALTS
  • ETH Accepted
  • TRON Accepted
  • ADA Not Sure
  • XRP Not at all

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January 26, 2023, 08:51:02 PM
 #154

There are too many scams in altcoins, but the crypto market is not dying. There are new coins coming out all the time. It is true that too many people have left the cryptocurrency market, they do not believe that there are good projects, but I think there will still be good projects. After such a long period of precipitation. In the cryptocurrency market, I mainly make money through altcoins. Of course I also invest in Bitcoin, I think that is just a means of storage. The real money still needs altcoins.
The way people are getting scammed with altcoins are massive and if this continues, we might have to ask a lot of questions because scammers find it as an opportunity to develop altcoins project and promote it through influencers that are only after getting paid alone and nit interested to clarify and check if the project if the project is genuine before going ahead to promote it. The mistakes do end up with newbies that know nothing about altcoins and how it can be used to scam potential investors. We need to be extra ordinary careful about investing in altcoins or else we might be a victim.
The problem in things like this is how from ourselves too. When indeed our mindset is only to get big profits in an instant way, there will still be many people who will be affected by this kind of fraud, but if we have the awareness that something like this is not possible then this might still be overcome.
We cannot prevent fraudsters from even hiring influencers to carry out their actions because that is clearly an impossibility and for influencers they also work even though it is their fault that they do not see whether the work is right or not.

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January 26, 2023, 09:03:48 PM
 #155

for sure right now altcoins have encountered a ton of decline and as of not long ago there have been no indications of expanding once more, yet as I would like to think this isn't the finish of altcoin development, on the grounds that the ongoing downfall isn't similar to the decrease in crypto in 2018, where crypto has an extremely profound decay around then, after its we can see altcoins fill quickly in the next year, I prescribe for fledglings to begin effective financial planning with altcoins now since they are entirely reasonable,

Altcoins are really depending on the value of BTC, and if the price of Altcoin goes uptrend then some whales are pumping it. And, altcoins are really worth it to hold if it will go up in the future and that is why we need to only invest what we think an altcoin can last long and you think that is worth for a long term asset.

Not really because when the value of bitcoin rises, altcoins will only have a short rally because it still depends its investors as well but if bitcoin's price dives steep, all altcoins will follow because it will be a domino effect from the most dominant coin as almost all investors from any coins in the market will start doubting especially when it comes to bear season where almost all investor will pull out mainly the ones who doesn't have a strong knowledge about it and just there because of the recent hype.

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January 26, 2023, 09:57:02 PM
 #156

Those altcoins stated by OP weren't dead coins. Yeah, he didn't mention or asked about if they're dead but they're not those altcoins that are near to their end.
Despite the controversy that some of it are with, those are still at the top and look at ETH compared to the time when this was asked. It's been pumping together with bitcoin.
It's that just feel bad because I've sold most that I've got and didn't maximized the profit but yeah, gonna take the profit is profit subject.

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January 26, 2023, 09:59:38 PM
 #157

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
Bearish market only eliminates the weak coins and the hyped coins only. Those coins with strong fundamentals and those who have good products, surely survive and have no problem at all. ETH, TRX, and ADA are examples of strong altcoins, they won't be eliminated by the bearish market. If you think they will be removed from the market, you seem still don't understand their fundamentals. Check again deeply about those altcoins, they are not the same as the meme coins.  Grin


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January 26, 2023, 10:08:26 PM
 #158

Those altcoins stated by OP weren't dead coins. Yeah, he didn't mention or asked about if they're dead but they're not those altcoins that are near to their end.
Despite the controversy that some of it are with, those are still at the top and look at ETH compared to the time when this was asked. It's been pumping together with bitcoin.
You are right, there are lots of top altcoin lists so surely people know that he wants to discuss specific altcoins in the category of coins dying due to various scam issues and definitely not the top altcoins he is referring to.

Quote
It's that just feel bad because I've sold most that I've got and didn't maximized the profit but yeah, gonna take the profit is profit subject.
Even if you have taken profit in the current price increase phase but it is not too late to buy it again during the correction, there is still a chance to take high profit in the long term

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January 26, 2023, 10:13:45 PM
 #159

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
Bearish market only eliminates the weak coins and the hyped coins only. Those coins with strong fundamentals and those who have good products, surely survive and have no problem at all. ETH, TRX, and ADA are examples of strong altcoins, they won't be eliminated by the bearish market. If you think they will be removed from the market, you seem still don't understand their fundamentals. Check again deeply about those altcoins, they are not the same as the meme coins.  Grin


But we know that not all good or potential coins does survive on a bear market on which there are still shit ones who do able to withstand certain market conditions and that into those coins which had been hyped or been shilled out.This is why most of investors specially noob ones does really tend to take some gamble into those so called low caps or low prices type of coins on which they do really believe that they could
make themselves really that rich on the time bull run would happen.Altcoins couldnt be dead but its true that to those who do have strong fundamentals and use cases
are the ones who would  survive into this market after how many years been running.

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January 26, 2023, 10:31:01 PM
 #160

Those altcoins stated by OP weren't dead coins. Yeah, he didn't mention or asked about if they're dead but they're not those altcoins that are near to their end.
Despite the controversy that some of it are with, those are still at the top and look at ETH compared to the time when this was asked. It's been pumping together with bitcoin.
You are right, there are lots of top altcoin lists so surely people know that he wants to discuss specific altcoins in the category of coins dying due to various scam issues and definitely not the top altcoins he is referring to.
Yeah, when someone highlights some names of the coins then for sure that it's the main reason of the topic.

Quote
It's that just feel bad because I've sold most that I've got and didn't maximized the profit but yeah, gonna take the profit is profit subject.
Even if you have taken profit in the current price increase phase but it is not too late to buy it again during the correction, there is still a chance to take high profit in the long term
I'm feeling the same thoughts as those people that have been saying that they're already too late in buying bitcoin because it's too expensive. But we go with the fact that it's quite a lot for those that don't have that much. And it's sort of a guilt feeling if ever you'll buy when you're looking at it while it increases.

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