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Author Topic: Altcoins dead?  (Read 4602 times)
Altryist
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June 23, 2022, 07:46:46 PM
 #41

Even Bitcoin is down right now but that doesn't mean that all these coins are dead. It's normal and is part of the market cycle. Altcoins with strong resistance usually survive this season and they don't die. They might reach their low value but they're totally alive. As long as they have a good trading volume, we don't have to doubt them especially if they have huge potential. The coins that you have mentioned been through a lot of bearish and bullish seasons. Take a look at their history and you'll see how they dealt with every market situation.
In order not to worry about whether the altcoin will die or not, you should consider buying top altcoins with good volumes. But you see what the situation is on the market now, maybe now it’s worth not buying altcoins for the time being, but if buy, then only at a small part of your deposit. In my opinion, it is best to buy bitcoin now, but at the same time have reserves, so that you can buy more in case of a further fall.

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June 23, 2022, 09:25:33 PM
 #42

I agree with others, there will be some coins which will be dead, and there will be some coins which will not be dead. The market as a whole is not dead at all, the altcoin market will go up insanely high in the future, it may not be the same coins as we know, it might be some stuff that are newer, some coins which are not even release yet, it could be totally different, maybe like only 30-40 of the coins from top 100 will be the same and all others could be new. We do not know any of that, the general altcoin market surviving doesn't equal to all the altcoins we have right now doing great in the future.

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cute nmp
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June 23, 2022, 09:55:26 PM
 #43

The market is not great at the moment.All altcoins are dipping down and loosing their value cause of the bitcoin crash.My cryptocurrency portfolio is not looking good loss  this year but I still believe this is not the end of everything things will be back to normal and the market will recover soon we are just going over a bear market situation.

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June 23, 2022, 09:59:34 PM
 #44

I agree with others, there will be some coins which will be dead, and there will be some coins which will not be dead. The market as a whole is not dead at all, the altcoin market will go up insanely high in the future, it may not be the same coins as we know, it might be some stuff that are newer, some coins which are not even release yet, it could be totally different, maybe like only 30-40 of the coins from top 100 will be the same and all others could be new. We do not know any of that, the general altcoin market surviving doesn't equal to all the altcoins we have right now doing great in the future.
Its just a normal cycle on where there are projects/coins who do end up dead due to lack of support/funding and there are ones who do succeed out
due to enough support and consideration in the community.It is really just a normal cycle to have.Therefore, whenever you do make out some decisions in related with investment then
its really just wise on sticking out and made out some research on what you do tend to hold.

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June 23, 2022, 10:19:02 PM
 #45

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

These coins have been here for long and they have all faced different kinds for criticism. Upon all those criticism, they are still strong and being used with millions of transactions and trading volume. So, All of them are going to stay for long or forever.
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June 23, 2022, 10:50:15 PM
 #46

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?

Yep happens every bear market a ton of these altcoins will never see volume again.  Just people holding bags with no new blood coming in.  The developers vanish and they start new coins in bull markets that pumps, until the next bear market.  Wash rinse repeat over amd over again.  It's too funny to watch in real time lol.

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June 23, 2022, 11:38:57 PM
 #47

Apparently it's just following the trend of BTC, it isn't exactly dead as you mentioned, moreover the altcoins that you have mentioned are seemingly doing fine if you see from the perspective of the current circumstance and condition of the global economy.
So many people out there are hesitant to invest because we are in a tough situation, even stocks are falling right now and these are the major companies like apple.
I wouldn't say these altcoins could endure something that even apple couldn't
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June 23, 2022, 11:49:04 PM
 #48

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?
Of course, it is not the end, it is just the beginning for investors who want to buy cheaply and who want to achieve great returns. Does the drop that we see in the market mean the end of crypto? This is normal because the market witnesses big fluctuations from time to time. Stay away from FOMO and invest in what you can lose, even if it is 5% of your capital. You have to be patient. You have seen the negative side of the market, Wait until the bull season to see the positive side.

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June 23, 2022, 11:54:43 PM
 #49

Many people didn't even believe with bitcoin hundreds of times and this is still alive right now. https://99bitcoins.com/bitcoin-obituaries/

Don't you even think if altcoins are also getting the same disbelievers with it? if you are feeling skeptical about altcoins and why? Only scam token and meme tokens that have no benefit will be wipeout from the market while the legit tokens will stay.

Altcoin is going to the hell so many times as well as bitcoin. There's no doubt it will come back later. probably next year

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June 24, 2022, 01:28:20 AM
 #50

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?
For coins that has no use case and just existing because of hype, its likely for these coins to unable to recover.

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
Established coins can survive. Bear market is a cycle of crypto and inevitable, it also happened before. Only well-established coins that has use case and strong community can managed to overcome the bearish season.

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June 24, 2022, 01:59:34 AM
 #51

I don't know what will happen if you give up so soon. You don't see it. You tied it up. Did you see that another coin is dead? You have to be patient.  I can see the form of the crypto market, so don't give up, we can and our market will return to normal. I have said before that it is normal.  Thank you for not listening.
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June 24, 2022, 02:47:12 AM
 #52

No, I believe this is just a trend that is coming to an end. I don't see the potential for altcoins to end, altcoins still have a future
I'm not too worried about  situations like this, because a few years ago when something like this happened, bitcoin and altcoins hit their highs and then fell very far and didn't even look like they were going up for a long time. I judge from the moment the btc drop is not the value, let's see this


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June 24, 2022, 02:59:03 AM
 #53

ETH, Ada, xrp, and Tron have gone through a bad phase when the bear market occurred in 2018 so it's hard for them to just die because they are already big in the market. and so far I don't see any signs of it dying out in the market. The bear market will indeed make a lot of altcoins die if they do not have the innovation and strong funds to be able to compete in the bear market.
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June 24, 2022, 03:05:47 AM
 #54

Watching the current market and the demise of ALL crypto ... is this the end for certain coins?
It depends on what coins are you talking about.
If you are pertaining to those low market cap coins then yes. Most of them will just end up being abandoned during this bear market because right now, it's a survival mode for them. If they can't survive this bear market then they will not survive for a long time.

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
ETH and XRP will be here to stay that's for sure.
Look at the recent image posted by Coinmarketcap. During the last 7 years, Ethereum and Ripple stayed in the top 10 and they will stay there for a long time. As for Cardano and Tron, Cardano is at the top 10 in the last 2 years while Tron isn't in the top 10. What I'm trying to say is that not all coins will always stay at the top but for sure, these 4 coins will stay at the top because they've been here for quite some time.

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June 24, 2022, 03:56:48 AM
 #55

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?
I believe that currently there are more Altcoins than investors, so it is very difficult to see the current development of Altcoins that are of good value, now investors are breaking, maybe there are those who make their own coins, so it's not surprising like the old altcoins like ADA, XRP, TRON are difficult to move, maybe we have to wait for new investors to enter all of the altcoins to see real results again like 2017.

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June 24, 2022, 06:49:22 AM
 #56

Not many will make it out from here and if Btc dip further from here then maybe it will be final death of many altcoin. This is exactly what bear season does to weed out all fake and feeble coins. From the listed coin I would look to buy XRP, ETH. Not yet convinced that Btc has bottomed out so I will wait a while.

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June 24, 2022, 07:22:52 AM
 #57

Do not be pessimistic by saying Altcoins Dead because the market is dropping, in my opinion this is a good opportunity to start a more profitable investment, I'm sure Bull Run will happen soon and today many Altcoins are up more than 10%, maybe we regret because we do not buy altcoins a few The day ago when dropped, but it was not too late if we immediately bought.


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June 24, 2022, 07:34:04 AM
 #58

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?
The person who loses a lot to it will agree, and the person who makes a profit will say no. Going through the formation and development to the present, the way I see it is not that the cryptocurrency market will meet all needs for everyone. When new entrants blame their misbehavior and think the market is so bad, relax because it's just the beginning for you, but it's already been a long journey for the others. The market is always like that. When everything is easy to make a profit from, there will be more greedy people, and when they are controlled by that same greed, they will continue to have other problems.









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June 24, 2022, 07:51:41 AM
 #59

For example, Ethereum will soon merge, so the emission will decrease by 2 million coins per year and the burning of part of the commissions is still working. This may affect the rise in the price of Ethereum after the completion of the testnets. In August there will be the last testnet.

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June 24, 2022, 08:01:42 AM
 #60

Do not be pessimistic by saying Altcoins Dead because the market is dropping, in my opinion this is a good opportunity to start a more profitable investment, I'm sure Bull Run will happen soon and today many Altcoins are up more than 10%, maybe we regret because we do not buy altcoins a few The day ago when dropped, but it was not too late if we immediately bought.
I think this is the effect of the bitcoin price movement collapsing, which affected many other cryptocurrencies on the exchange and made a lot of altcoin prices collapse, so in my opinion, I'm still patiently waiting until 2024. I'm sure cryptocurrency prices will boom again and will create a boom throughout country.

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