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Author Topic: Altcoins dead?  (Read 4566 times)
carlisle1
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March 10, 2023, 11:25:49 PM
 #221

At the end of every crypto winter we always have some coins that will not recover from the impact of the market meltdown and being unable to recover means they're forced to close down and become dead.

Project that doesn't have real usages will surely die along the way, support will leave them and will find new project to invest,
very normal in this market.

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While some fake projects are waiting for such opportunities to pull an exit scam on investors, so genuine projects can also be caught in that web too, most time some good projects couldn't stand the demand to recover after a heavy market crash, but we still have some other altcoins who have managed to recover each time the price crashed alongside others.

Fake projects will do some dive trying to bring attention before it will completely dump itself and be forgotten.

Needs a lot of time in researching and studying before you should invest your money to avoid losing your hard-earned investment.
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March 11, 2023, 01:16:44 AM
 #222

It's true that we don't predict the future of crypto. very significant price bullish and bearish make people afraid to invest in crypto.
but if you look at alt coin projects like eth cardano tron ​​xrp it has a good concept and it is possible to rise in the future if the project they are developing can run smoothly. I hope the pope doesn't play the price of the crypto

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March 11, 2023, 06:16:43 AM
 #223

It's true that we don't predict the future of crypto. very significant price bullish and bearish make people afraid to invest in crypto.
but if you look at alt coin projects like eth cardano tron ​​xrp it has a good concept and it is possible to rise in the future if the project they are developing can run smoothly. I hope the pope doesn't play the price of the crypto

I know that only true believers of cryptocurrency survive the flow of the market and the weak ones are the ones that leave and quitting on investing or trading. I guess that if they lose a lot then they are the one who has already left.

Altcoins are just going with the flow of the BTC value, I would say that taking advantage while the market is in a dip is really a good tactic. Investing in altcoins is risky but really worth it in the future once the value pumps up.
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March 11, 2023, 07:12:27 AM
 #224

We have to look first at what we are buying because in this case not everything will go well so we need some consideration and think further about buying this because it is quite simple to actually buy altcoins and hold but on the other hand this is actually a big risk.
They have to look at the bounce of bitcoin and things like this are obviously a bit more complicated when bitcoin is like it is now, so it's better to think from now on whether this is actually a good thing or not.
Except for ETH, buying other altcoins at this stage is actually quite risky. I also like to invest in altcoins because their returns are better than bitcoin, but we need to consider choosing the right time. The market has not improved yet, bitcoin has also been dumped below $20k today, so accumulating altcoins from now on is very risky. We should focus more on bitcoin and only accumulate ETH during this period, as it is the most reliable altcoin in the market.
ETH does have much better conditions compared to other altcoins and being there can still be quite good but given the current conditions I think being there is still a high risk, and it's better to wait a little longer because as we know bitcoin still can't be said fully stable and on the rise, so it's better to wait a little longer if you really want to be there although my advice is still for bitcoin but when you want to be in altcoins like ETH I think this can still be done.

You are right, now is not the right time to invest in altcoins because we don't know if bitcoin will continue to fall or not. Today, the collapse of the silicon valley bank is a red flag for the world economy, so the possibility of bitcoin being dumped is very likely. Once BTC is dumped, altcoins will be much worse, even many of them will disappear from the market map. My plan is to stand outside and observe the altcoin market, keeping my eyes only on bitcoin.

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March 11, 2023, 12:48:20 PM
 #225


You are right, now is not the right time to invest in altcoins because we don't know if bitcoin will continue to fall or not. Today, the collapse of the silicon valley bank is a red flag for the world economy, so the possibility of bitcoin being dumped is very likely. Once BTC is dumped, altcoins will be much worse, even many of them will disappear from the market map. My plan is to stand outside and observe the altcoin market, keeping my eyes only on bitcoin.

Yep. The price of Bitcoin has dropped significantly. The issues are Silvergate and Silicon Valley Bank.
But a few hours before the sharp price drop, 40k BTC from the wallet linked to the US Government seizure was moved,
and around 9,861 BTC had been sent to Coinbase that which caused extra selling pressure.

Although it took weeks to recover. Today is the time to start DCA. IMO
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March 11, 2023, 04:13:10 PM
 #226

This is the reality and I think the raise of the crypto currencies will be hard as we all know that the best crypto currencies will be rise and we are all know what's going on the market some altcoins are slightly going to dead and some are going down which is very hard for us to choose if what coins we are going to use in our investment. But only thing I assure bitcoin will be the best now and forever.

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March 11, 2023, 04:33:00 PM
 #227

ETH does have much better conditions compared to other altcoins and being there can still be quite good but given the current conditions I think being there is still a high risk, and it's better to wait a little longer because as we know bitcoin still can't be said fully stable and on the rise, so it's better to wait a little longer if you really want to be there although my advice is still for bitcoin but when you want to be in altcoins like ETH I think this can still be done.

You are right, now is not the right time to invest in altcoins because we don't know if bitcoin will continue to fall or not. Today, the collapse of the silicon valley bank is a red flag for the world economy, so the possibility of bitcoin being dumped is very likely. Once BTC is dumped, altcoins will be much worse, even many of them will disappear from the market map. My plan is to stand outside and observe the altcoin market, keeping my eyes only on bitcoin.
The worsening of the current recession will clearly have an impact on all aspects and indeed cryptocurrencies are also included in it so seeing conditions without the need to rush into the market is a good thing. Unless indeed we get a real reversal even though with the current conditions we just hope conditions improve quickly but when the recession and the inflation rate continues to rise then indeed all we can do is just wait and wait.
Even though the current price is actually quite worth it, it's still very risky if we only look at the short term, unless we really want to be for the longer term, then this can still be done by making regular purchases.

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March 12, 2023, 11:50:29 AM
 #228

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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March 12, 2023, 01:36:48 PM
 #229

At present you notice that as the Bitcoin market declines, all the coins that were unique have prices moving lower.  And the highest trading volume is in Bitcoin whose investors and by any measure Bitcoin is the best and the king of all coins. So only when Bitcoin price goes down, all coins go down. And when the price of bitcoin increases, the signal on all coins turns green.

Many people are unaware that volume plays a significant role in the price of Bitcoin and the cryptocurrency market. After Binance, there is currently no exchange with volume that is close to that of the bull run. The reason Binance is better is because after the recent FUD of exchanges, many traders have gained trust in Binance, and in the same way, some exchanges have lost some of their traders, leading to all of this decline in volume. The situation will improve when the market enters a fresh bull run, but it will be difficult for certain altcoins to rise from the dead; new ones will appear as time goes on.

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March 12, 2023, 02:55:34 PM
 #230

This is the reality and I think the raise of the crypto currencies will be hard as we all know that the best crypto currencies will be rise and we are all know what's going on the market some altcoins are slightly going to dead and some are going down which is very hard for us to choose if what coins we are going to use in our investment. But only thing I assure bitcoin will be the best now and forever.

No doubt, Bitcoin will continue to dominate the market, even we currently experiencing some fall but when bull run takes it turn
then we will expect that Bitcoin will rise back.

With other crypto alternative, there's a need to sorting and studying the market for certain coin that you are targeting to invest your money,
remember all the fundamentals and analyze the possibilities.

Once you are done, buy and hold till you reached the target selling position, a matter of patience and trust.
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March 13, 2023, 04:23:46 PM
 #231

Altcoins never die. They will exist based on usage and application needs. The price increases and decreases are not as large as the developers who continue to develop the cryptocurrency through contributions on GitHub. This shows that the developers have not neglected their projects. Banks are collapsing and that's why people will choose Bitcoin, the cryptocurrency to store their assets in the future because they are at least more transparent than the traditional banking system.



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March 16, 2023, 06:57:46 PM
 #232

yeah This could be the end of certain altcoins in the market, but speaking of Ethereum, ADA, XRP and TRON are quite different, these coins have gone through various difficulties in the market, so they are strong to survive, achieving ATH can be difficult for them, even tends to be in a stable price without rapid movements, but Ethereum could make a different surprise in future market recovery conditions, especially if bitcoin can react above current expectations in the market

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March 17, 2023, 02:09:09 AM
 #233

There are more than 20 thousand cryptocurrencies/tokens in existence. There are a lot of silly "projects" with their own tokens, as well as outright scams. Of course many all of them will die sooner or later. But don't fret, they will be quickly replaced by new projects. There is no need to worry that there will be a lack of altcoins while there is a demand.

This video can be taken as an example that illustrates the value of most tokens. Plus, it is a fun video to watch:
https://www.youtube.com/watch?v=sT1S4-6WAN4

Design Services (https://bitcointalk.org/index.php?topic=5438309)
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March 18, 2023, 04:36:29 PM
 #234

the market is in a bad condition that's why all altcoins also go down but there are some altcoins that may never reach their new ath like xrp and xlm, ETH always creates new ath when bull run happens so I deny it.
when the market improves, altcoins will also go up, although it might take a little longer.

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Lainta
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Bisq Market Day - March 20th 2023


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March 18, 2023, 04:46:04 PM
 #235

the market is in a bad condition that's why all altcoins also go down but there are some altcoins that may never reach their new ath like xrp and xlm, ETH always creates new ath when bull run happens so I deny it.
when the market improves, altcoins will also go up, although it might take a little longer.

Regarding your statement about some altcoins not reaching their new all-time highs, it's important to keep in mind that the cryptocurrency market is highly volatile and unpredictable. While some altcoins may struggle to reach new highs, others could surpass their previous records.
In general, market improvements can lead to an increase in the value of altcoins. However, the timing and extent of the recovery can vary depending on various factors, such as market sentiment, adoption rates, and regulatory developments. As always, it's important to conduct your own research and invest wisely.

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March 18, 2023, 05:07:41 PM
 #236

altcoins will never die, it's just that the market will eliminate itself which altcoins are worth surviving and which are not, based on people's interests. but altcoins are currently rising because the market continues to recover

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Bisq Market Day - March 20th 2023


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March 19, 2023, 12:06:09 PM
 #237

altcoins will never die, it's just that the market will eliminate itself which altcoins are worth surviving and which are not, based on people's interests. but altcoins are currently rising because the market continues to recover

Altcoins, or alternative cryptocurrencies, have been around for several years now, and they continue to play an important role in the cryptocurrency market. While it is true that some altcoins may not survive due to market forces or lack of interest from investors, it is also possible that new altcoins will emerge and gain popularity over time.


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March 19, 2023, 05:06:14 PM
 #238

There are more than 20 thousand cryptocurrencies/tokens in existence. There are a lot of silly "projects" with their own tokens, as well as outright scams. Of course many all of them will die sooner or later. But don't fret, they will be quickly replaced by new projects. There is no need to worry that there will be a lack of altcoins while there is a demand.

This video can be taken as an example that illustrates the value of most tokens. Plus, it is a fun video to watch:
https://www.youtube.com/watch?v=sT1S4-6WAN4

The "altcoin" trend will never go away, as long as there's money to be made. What will disappear are existing altcoin projects that are often driven by hype with no substance behind it. People usually abandon such projects for the next big thing in crypto. I'd say around 90% of altcoins are nothing more than just pure cash grabs by developers. Only a select few will survive in the long run.

Why would I need to worry about alts when I have the best cryptocurrency in the world (Bitcoin)? We'll never know how the crypto market will behave in the long run because of its unpredictable nature. As long as you don't go crazy investing in altcoins, there should be nothing to worry about. Just my thoughts Grin

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March 20, 2023, 10:47:49 AM
 #239

The entire cryptocurrency system is constantly changing and new ones are replacing old projects. Something is being finalized, that is, improved, something gives a new impetus in the direction of development and new options are added. Something better always comes to replace the old.

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March 20, 2023, 02:13:40 PM
 #240

It projects that failed to deliver will die in this period of a bear market, as a smart investor, you should pick your favorite altcoins very carefully, make sure they have good funds, partnership, utility and good marketing strategies, this is what makes a project to become successful. Do make sure you spare money you are willing to risk, because there are other factors that can kill a project fast, like hacks and bad teams.

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