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Author Topic: Altcoins dead?  (Read 4549 times)
SandrCrypto
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February 11, 2024, 10:00:16 AM
 #501

Ethereum continue to be the most popular altcoin which give people a lot of different opporutunities. So it is very difficult to say that altcoins are dead.
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February 11, 2024, 01:02:28 PM
 #502

Though the market at this point might be encouraging but that does not mean that altcoin is dead, the price of altcoin is been controlled by bitcoin uptrend, so you don't expect altcoin to increase in their price when bitcoin is still hovering and fluntuating between the price of 40k to 44k in the recent days, people tends to become more interested to invest in other cryptocurrency when bitcoin appreciates in price, if you can remember when bitcoin entered 49k earlier this year some people started making more profits in their existing altcoins and shitcoins, I believe most of them invested more, so op, this how this things works.

There are more investors who focused with shorting alt projects believing that when the time Bitcoin starts to pump up the market will be good and they will manage to earn a lot, and by looking at the current trend it seems that the movement is favoring those investors who collects good quality alts as the value is now moving upwards.

It's more on how you do your research and how you trust the system, the more you engage yourself the more you will anticipate what directions the market will proceed.

Take time and try to sort around, there are still good assets that you can buy and hold for future investment.

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February 11, 2024, 02:47:04 PM
 #503

Altcoins continue to develop and a lot of new altcoins appear. Some of them brings new technologies but many of them are not useful.  Shocked
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February 11, 2024, 03:58:23 PM
 #504

altcoins will not die, because technology is all there, so we will always see altcoins, but not all altcoins will survive because most of the altcoins are scams and other things that do not make the project last long.

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February 12, 2024, 09:41:43 AM
 #505

altcoins will not die, because technology is all there, so we will always see altcoins, but not all altcoins will survive because most of the altcoins are scams and other things that do not make the project last long.
I absolutely agree with you, altcoins are new branches of development in the crypto industry, new concepts, technologies and unique functions, in addition to those provided by Bitcoin. You should pay more attention to the latest altoins, sometimes by investing in them, you can increase your capital several times.

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February 17, 2024, 01:27:04 PM
 #506

If people who know about the cryptocurrency market are known for their volatility, then there are no wild assumptions that say altcoins die. Moreover, altcoins such as ETH, ADA, XRP, and TRON have been tested on the market and have strong fundamentals, so they will not die. For example XRP, even though the problems they experienced were so severe, in fact, until now XRP has survived and has not died.
Only desperate people say that altcoins are dead, that maybe they can't get what they want as previously thought, or that they are too ambitious. because, until now, altcoins are still being traded and have become a commodity that is highly sought after as an attractive investment.There are many altcoins that have great potential and continue to trade well, such as ethereum, BNB, SOL, ADA, etc., and many benefit from the faithful trading they do.Don't believe what they say because they are actually looking for an opportunity to buy as much as possible from those who panic.
I agree with you that people who don't get their wishes often say that altcoins are dead. Usually people like that have no principles and tend to want to get instant profits without wanting to go through the process. In fact, if only they knew that the top 10 altcoins on CMC are altcoins that have great opportunities to be used as investments to gain profits in the short and long term.

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February 17, 2024, 02:37:45 PM
 #507

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?
Seeing that the crypto market is currently crashing, all coins have fallen so drastically that it is even difficult to follow market movements, there will be almost no more altcoins that will have active movements.
with a very low decline, many traders are taking a break to follow the market wave which is down, after I saw that the altcoins you hold are all in the top coin category and have been trending at one time, we hope that this year the market changes will recover quickly, so We can already look for profits like in 2017.

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EarnOnVictor
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February 17, 2024, 06:18:32 PM
 #508

If people who know about the cryptocurrency market are known for their volatility, then there are no wild assumptions that say altcoins die. Moreover, altcoins such as ETH, ADA, XRP, and TRON have been tested on the market and have strong fundamentals, so they will not die. For example XRP, even though the problems they experienced were so severe, in fact, until now XRP has survived and has not died.
Only desperate people say that altcoins are dead, that maybe they can't get what they want as previously thought, or that they are too ambitious. because, until now, altcoins are still being traded and have become a commodity that is highly sought after as an attractive investment.There are many altcoins that have great potential and continue to trade well, such as ethereum, BNB, SOL, ADA, etc., and many benefit from the faithful trading they do.Don't believe what they say because they are actually looking for an opportunity to buy as much as possible from those who panic.
I agree with you that people who don't get their wishes often say that altcoins are dead. Usually people like that have no principles and tend to want to get instant profits without wanting to go through the process. In fact, if only they knew that the top 10 altcoins on CMC are altcoins that have great opportunities to be used as investments to gain profits in the short and long term.
Do not judge people entirely even as I agree with most of what you stated here. The final verdict as far as I'm concerned is that altcoins are not dead and are very much alive and will remain so as long as the cryptocurrency industry is alive. Many ascribe too much importance to Bitcoin alone, but to those who don't conclude based on that, it might be that they are just frustrated about how the altcoins are behaving at times. I respect their fear because altcoins could be so discouraging to the extent that some people might regret ever investing their money in them.

Imagine investing a big amount in altcoins in 2021 and you saw some of your assets depreciating more than 20 times. How would you feel? And this time when Bitcoin is almost hitting back it's ATH while most altcoins are still nowhere to be found, what do you think, again? That's why people's arguments could be very valid in some schools of thought. But nevertheless, altcoins are not dead, only that investors must fully understand them first before investing in them, and they must be very careful to know the time they will liquidate their portfolio because they are too volatile. So, during the bearish season, one shouldn't slack in doing the needful, or else, it will amount to significant losses.

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February 19, 2024, 04:30:48 PM
 #509

Do not judge people entirely even as I agree with most of what you stated here. The final verdict as far as I'm concerned is that altcoins are not dead and are very much alive and will remain so as long as the cryptocurrency industry is alive. Many ascribe too much importance to Bitcoin alone, but to those who don't conclude based on that, it might be that they are just frustrated about how the altcoins are behaving at times. I respect their fear because altcoins could be so discouraging to the extent that some people might regret ever investing their money in them.

Imagine investing a big amount in altcoins in 2021 and you saw some of your assets depreciating more than 20 times. How would you feel? And this time when Bitcoin is almost hitting back it's ATH while most altcoins are still nowhere to be found, what do you think, again? That's why people's arguments could be very valid in some schools of thought. But nevertheless, altcoins are not dead, only that investors must fully understand them first before investing in them, and they must be very careful to know the time they will liquidate their portfolio because they are too volatile. So, during the bearish season, one shouldn't slack in doing the needful, or else, it will amount to significant losses.

Nice word...

Altcoin price fluctuations are very high, making it one of the trading transactions that is classified as highly speculative.
The roller coaster-like movement requires strong mental preparedness, especially for novice investors.
Investing in Altcoins is like a double-edged sword. Besides being able to provide multiple profits, price fluctuations and investment in this instrument can also have a negative impact on investors' mental health, especially when they lose their investment funds.
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March 09, 2024, 12:34:52 AM
 #510

Altcoins can't be dead because most it has real life applications that users are utilizing accordingly as required to perform a specific tasks, ETH has proven to be one of the best it has stayed a test of time without been dump, and is on the second position in the market cap. Am convinced if Bitcoin existence continue ETH will also live.

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March 09, 2024, 07:34:49 AM
 #511

At any time there will be an altcoin that dies, maybe it is still listed on an exchange but it is only a small exchange with low volume and the developer has stopped continuing to develop the altcoin so it is only a matter of time until the altcoin disappears from circulation and its holders have actually experienced losses for a long time.
However, coins that are more stable will continue to survive and will only die when the developer abandons the project or when many of the things they do no longer make their holders happy and new projects that emerge with good potential will make a change in the altcoin market.

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April 02, 2024, 03:17:18 AM
 #512

From my viewpoint, it's important to avoid writing off altcoins entirely, despite recent challenges. While the current market downturn is significant, it doesn't necessarily spell the end for altcoins. It's crucial to distinguish between temporary setbacks and permanent decline. Altcoins continue to play vital roles in the cryptocurrency ecosystem, with many projects actively evolving and innovating. Reflecting on past market fluctuations, such as the crypto crash, offers perspective on the resilience of altcoins. Despite facing obstacles, there's still potential for recovery and growth, making altcoins an intriguing investment option for those comfortable with market volatility.
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April 02, 2024, 03:48:02 AM
 #513

I felt this the time of the post but I’m glad it didn’t age well.
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April 02, 2024, 05:56:48 AM
 #514

Altcoins can't be dead because most it has real life applications that users are utilizing accordingly as required to perform a specific tasks, ETH has proven to be one of the best it has stayed a test of time without been dump, and is on the second position in the market cap. Am convinced if Bitcoin existence continue ETH will also live.
We can be having a good time ensuring we stack up huge pieces of these altcoin and get ready for the bull season which is halfway here. The existence of bitcoin should always be our priority in the space, ensure we're gathering the basis of the market. We have promising altcoins in the market and they have proven to be promising in these past season and the current. It's our tasks to  always been available to fall in good spot in the market. Altcoins are not dead, they have the deserved concentration been channeled by investors and traders.

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April 02, 2024, 04:15:08 PM
 #515

At any time there will be an altcoin that dies, maybe it is still listed on an exchange but it is only a small exchange with low volume and the developer has stopped continuing to develop the altcoin so it is only a matter of time until the altcoin disappears from circulation and its holders have actually experienced losses for a long time.
However, coins that are more stable will continue to survive and will only die when the developer abandons the project or when many of the things they do no longer make their holders happy and new projects that emerge with good potential will make a change in the altcoin market.

The concept of altcoins will always exist due to Bitcoin's open source nature. But I agree that some of the altcoins we know and love today, will no longer exist in the future. That's because some developers are not willing to continue supporting their projects for the long term. Around 90% of altcoins will die, while the rest will survive.

I'd advise you to choose an altcoin that suits you best depending on your needs. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Ultimately, Bitcoin will remain the "King of Crypto" for as long as it lives. Altcoins can't beat the real thing. Cheesy

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April 02, 2024, 09:35:25 PM
 #516

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?

     What is often said is that Bitcoin is dead. and now altcoins are dead? The top 100 altcoins cannot be said to die as long as there are supportive communities and buyers of their coins;
their existence will continue in the crypto space.

     Especially this bull season, I see a lot of potential that can really give us profit in the end as long as we persevere in holding and don't let go. So what you mentioned will continue 100%.

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April 03, 2024, 06:59:05 PM
 #517

Ethereum continue to be the most popular altcoin which give people a lot of different opporutunities. So it is very difficult to say that altcoins are dead.

Not only etheruem but there are also lots of other successful altcoins because of which people are in profit and once altcoins gets dead then only bitcoin will be there for investment. People often wants to invest in altcoins because they wants quick profit which bitcoin cannot offer.

Altcoins cannot be dead because new and new altcoins are emerging and they are all very successful from the start  so as the time passes there will occur more growth in their success.

 Dump does not suggest that altcoins are dead so invest during dump because Ethereum is the king of altcoins and even other altcoins become dead it cannot become a dead coin.



 

 

 

 

 

 


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April 03, 2024, 09:25:50 PM
 #518

I know that the top 5 altcoins and some up coming altcoins will not die even in this trying time. And the only thing I know it will not take time for them to rise again. And I also invested in Ethereum thinking that the price will do well but Irony caught me up. Ethereum just became a stable coin overnight and refuse to rise up again and stay only in $3+k with it high transaction fee. But even at that it will not die. And that is why when you Investing in any cryptocurrency, don't invest in short term but in long term investment so that you will not face the disappointment. Ethereum has shown to us that it is not good for short term but for long term.









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April 03, 2024, 10:13:56 PM
 #519

As we experience any fall in a shitcoin, there are more coins that are created or yet to be created. All altcoins cannot die or crash, there will always be new ones to replace the shitcoins. I believe after Ethereum ETF approval, the coin will hit a new ATH because it has potential of breaking it old ATH. However let's keep a close watch on the market to observe the price movement after the price correction. All these kind of questions are the fact that prove that altcoin investment is indeed very risky, just pray you don't get to deal with the wrong coin, and do your own research before taking any coin for investment.
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April 04, 2024, 06:10:40 AM
 #520

I know that the top 5 altcoins and some up coming altcoins will not die even in this trying time. And the only thing I know it will not take time for them to rise again. And I also invested in Ethereum thinking that the price will do well but Irony caught me up. Ethereum just became a stable coin overnight and refuse to rise up again and stay only in $3+k with it high transaction fee. But even at that it will not die. And that is why when you Investing in any cryptocurrency, don't invest in short term but in long term investment so that you will not face the disappointment. Ethereum has shown to us that it is not good for short term but for long term.
Any Altcoin can die, except Ethereum. It can be said that Ethereum is too big to be fail, and I believe it will get back on track quickly. All market data is showing that Ethereum is still being collected very strongly by MM for a long time. The price is not increasing with the purpose to discourage retail investors, make them to sell the Ethereum they are holding. I believe that the upcoming ETH ETF news in May will be a strong canaryst for the price explosion of ETH. Besides, the capitalization of ETH is quite large, so investing in it should be determined as a long-term investment, rather than a short-term investment because the profits may not be as good as low-cap Altcoins in short term. Ethereum is always a safe coin in my investment portfolio next to Bitcoin.

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