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January 27, 2024, 06:39:31 AM |
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Are Altcoins dead?This question is not easy to answer, because the cryptocurrency market is a very volatile one and there are many ways to capitalize and invest in isolated coins.
Because the fundamentals, trends, and growth of cryptocurrency markets change from day to day. It is important to have a sense of your own goals and risk management capabilities.
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Churchillvv
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January 27, 2024, 07:43:05 AM |
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Are Altcoins dead?This question is not easy to answer, because the cryptocurrency market is a very volatile one and there are many ways to capitalize and invest in isolated coins. Because the fundamentals, trends, and growth of cryptocurrency markets change from day to day. It is important to have a sense of your own goals and risk management capabilities.
The answer is very simple, No. Not all Altcoins are dead. But as of when this thread was created in the year 2022 a lot of shitcoins went missing, according to analysis over 51-56% of coins that where created in 2022 died along the way some got to there ATH and drop over 96% in price and never got back to it's ATH now the has been lot of Altcoins especially memecoins coming to the space again as a new trend, some people are going to take but for someone like me that has witness a different tokens crash to the floor I wouldn't give a dime to an pump and dump project claim unrealistic promises what we call (a too good to be true) promise that will never see it's way to reality. One advise to people that will pick some interest in this coins is sale them as fast as possible because there are never going to perform well after it's launch (not all though) but you rarely see good one that will last.
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Ben Barubal
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February 03, 2024, 08:52:25 AM |
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If it's true that altcoins are dead, you won't see any altcoins in the market today. The question is: are there no altcoins in the market today that provide profit in the market or in trading? You answer this OP; the title question you made here seems silly.
I hope you don't make the communities here on this forum platform stupid. You know the answer to your question in the title you made. Remember that altcoins are the heart of this industry, which is why Bitcoin and other top-listed cryptocurrencies are becoming more popular.
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naikturun
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February 03, 2024, 09:43:32 AM |
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altcoins are not dead, but most of them will die because there are so many altcoins that have no real usecase and are just created to make a profit and take advantage of fomo only, as far as the projects I see after a few years 9 out of 10 projects I see will dead, only 1 survives.
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EarnOnVictor
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February 03, 2024, 01:14:45 PM |
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Altcoins will always remain dead. Majority of them just make false promises and give you all kinds of false expectations to put money in their pockets. Although I must admit ALTCOINS will never actually be dead because they will be used for pump and dumps. If you are lucky and quick enough to jump on a trend then you can make BANK with Altcoins.
Maybe there will be more dead tokens in the future because the rate at which many of the cryptocurrency project are launching, it means that investors would have no option later than to keep moving money from one crypto project tomthe other. This is what we would be experiencing and any project that eventually loses it community due to negative outcome, they would have to keep doing airdrop in order to bring back the users to their platform. You have good points there and this is more reason why I suspect that many old coins/tokens would not be able to perform as they did in the last bull run, which is against the expectations of many people. It is only an insensitive person who would not know that the crypto market is being flooded with new cryptocurrencies these days, both good and bad, some are even there to steal people's money. And as many as they are now, I think they are in their thousands, they need patronage which is often through people's money. This is what will boost their market capitalization, but when there are too many of them, that whole money would now spread on them randomly, which will not make many expected cryptos rise as the money that was supposed to be placed on them as though there was not much of them will actually be invested in many depending on the speculation of people on their prefered cryptos. This will not affect altcoins alone but also Bitcoin, people's money will be effectively distributed on all of them. For this, some crypto will not perform as expected while others will perform more than expected. You can prove me wrong with the actual event in the next 1.5 years.
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2Pizza410000BTC
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February 03, 2024, 05:40:46 PM |
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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?
Out of your list I would only buy XRP. I might buy ETH under 500 usd but I would prefer ICP over ETH any day. I'm really having doubts that ETH is going to make it long term. I believe you are buying XRP coin because XRP coin is in good position to invest but how do you think Ethereum will go below $500. I think ethereum will never go below $500 so you can never buy and invest in ethereum. But you can prefer ICP because ICP is very good currency to invest. All the coins you mentioned here are investable.
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odunybiz
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February 03, 2024, 09:13:29 PM |
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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 think ETH should be out of this list. ETH is still doing well and will continue to do well. It remains the best altcoin I will recommend for any interested in altcoin. Out of the list Tron is the one I doubt most but we can really say what can happen in the futures.
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Bushdark
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February 03, 2024, 09:25:15 PM |
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Are Altcoins dead?This question is not easy to answer, because the cryptocurrency market is a very volatile one and there are many ways to capitalize and invest in isolated coins.
Because the fundamentals, trends, and growth of cryptocurrency markets change from day to day. It is important to have a sense of your own goals and risk management capabilities.
Altcoins will still be alive even till next year. It is good when we understand what we are doing and how we can make consecutive profit from the crypto market. Those that knows how to make money from altcoins would never be broke. Most of us are always scared of taking risk that's why we are still where we are till now. Money can be made in altcoins if we know how to look for strong projects that would help us keep making profits for us.
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AnonBitCoiner
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February 04, 2024, 03:33:33 AM |
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altcoins are not dead, but most of them will die because there are so many altcoins that have no real usecase and are just created to make a profit and take advantage of fomo only, as far as the projects I see after a few years 9 out of 10 projects I see will dead, only 1 survives.
During Bull season and before initiation of Bull season such thing happens that most of the altcoins are originated with good outcomes just to attract the attention of crypto users and after few months it become disappear which means that these creators are only wishes to get money from these scam projects. Most of the altcoins are also trusted but due to presence of untrustworthy coins people often get feared to choose altcoins because they cannot differentiate among good and bad altcoins. If a person takes time and do research then there is a possibility that he can buy some good and profitable altcoins for coming Bull run by knowing about the creators.
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BD Technical
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February 04, 2024, 05:56:03 AM |
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How can you die if you change the currency so easily? It didn't take one or two or come here later with one or two. You will be surprised if you see or think about them one after the other. But yes the market is currently down but the market will not always be like this when the price of BTC goes up. The market will go up because BTC is in a good position as it is now. Bet this btc will continue roughly this year. Only then. It's BNB. They are not the kind of people who die so easily. Let's see what the future holds but digital currency will not die just like that.
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February 04, 2024, 08:21:29 PM |
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altcoins are not dead, but most of them will die because there are so many altcoins that have no real usecase and are just created to make a profit and take advantage of fomo only, as far as the projects I see after a few years 9 out of 10 projects I see will dead, only 1 survives.
Altcoins is the fast generating income after bitcoin and the top projects for most of us. I've never for a moment thought of leaving altcoins, because it's fast money, though it's rate of risk is very high compare to bitcoin that moves step by step. Secondly, most of these altcoins doesn't survive in the bear season, they dump heavily. To survive in the space, a trader have to be consistent in doing everything possible to win, that's one of the big ways to stay at the top. Altcoins are not dead, I'm speaking from experience. I've benefited quite major profits, I know what's I'm saying.
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odunybiz
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February 06, 2024, 10:53:30 PM |
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Are Altcoins dead? This question is not easy to answer, because the cryptocurrency market is a very volatile one and there are many ways to capitalize and invest in isolated coins.
One can't just conclude that altcoins are dead. We still have a lot of altcoin doing well in the crypto space recently. Just that one need to be very careful in chosing which of the altcoin to invest in.
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Ngemmeng
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February 06, 2024, 11:08:25 PM |
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Are Altcoins dead?This question is not easy to answer, because the cryptocurrency market is a very volatile one and there are many ways to capitalize and invest in isolated coins.
Because the fundamentals, trends, and growth of cryptocurrency markets change from day to day. It is important to have a sense of your own goals and risk management capabilities.
not all altcoins can survive because only a small part can survive. Competition in the crypto market is very tight, we can see that many new projects appear every day. only altcoins with high utility and can attract the attention of investors can survive, and most other altcoins will slowly die.
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Hispo
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February 07, 2024, 12:44:19 AM |
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Are Altcoins dead? This question is not easy to answer, because the cryptocurrency market is a very volatile one and there are many ways to capitalize and invest in isolated coins.
One can't just conclude that altcoins are dead. We still have a lot of altcoin doing well in the crypto space recently. Just that one need to be very careful in chosing which of the altcoin to invest in. I think I would not blame someone being pessimistic on alternative currencies, to be honest, specially if such person has invested much of their time in project which have never given the expected results. It just takes to give a look at the story of most of the alternative currencies to realize that a very high percentage of them get flatlined and lose their relevance in a very short period of time after their release in the markets. Truly useful and innovative alternative currencies will never be dead, cryptocurrencies are assets which are backed by code, by technology and technology never ceases to expand and reach new limits. One just need to be careful what currencies are actually worth our attention and stay away from scams and shitcoins of all sorts. Even currencies which may appear to be legitimate and very solid at first glance, could be just shitcoins very good at keeping a facade, for example, we have what happened to the terra-luna ecosystem, which instead providing a reliable stablecoin without backing, they ruined lifes.
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VFalcon
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February 08, 2024, 07:42:47 AM |
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It's unlikely these coins will die, the top alts can still surprise us. But I would also advise to choose more stable ones like TFS. They usually have high APY, thanks to which you can survive any bearishness
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ichsan ardi
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February 10, 2024, 11:08:24 PM |
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now in February 2024, altcoins are already growing rapidly, altseason is about to start, I'm sure eth, tron and others will be very useful for the future, that's my opinion and it's impossible for altcoins that there will be new altcoins and new narratives
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Fatema Begum
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February 11, 2024, 04:18:37 AM |
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No never dead altcoins because after BTC halving than again shining to altcoins hopefully.
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kendedese
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February 11, 2024, 05:40:22 AM |
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I don't think there is a problem with all the altcoins you mentioned because all of them currently have many investors and large daily volume. especially ETH, because ETH is the king of altcoins and there is no doubt about investing in this altcoin. The decline in the price of altcoins may be caused by unfavorable market conditions, and perhaps you should check the current price of altcoins again.
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Promocodeudo
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February 11, 2024, 07:57:45 AM |
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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.
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EarnOnVictor
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February 11, 2024, 09:40:34 AM |
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No never dead altcoins because after BTC halving than again shining to altcoins hopefully.
I'm with you on this, and with the few I've seen in the crypto market in the last 1 year, I can't but conclude that no coin/token should be underestimated and we should pray for luck as that is what will even help us to choose correctly. Not the expertise per se. Fine, the expertise is good, but the choice of the best coin/token to choose is far beyond, this is more of a mystery to me as the most trusted coins/tokens could fail you in this dispensation, while the ones you are fearful of or underrated might be the most performing ones. The supposedly dead coins resurrected last year, and they moved more than x10 in most cases, while the ones that we trusted the most, and also with the best utility and projects failed to move more. So, no one should conclude that any coin/token is dead, but instead, look closer and follow as many as possible coins/token, and when you realise they are being resuscitated, it can't hurt to take a bite of them by buying them no matter how little. More surprises are however coming as we approach the post-halving season anytime from April where huge bullish movements are being expected, and the movements of altcoins in this regard are often scary during the altcoin season. This is when you see the supposedly dead coins/tokens putting the best speculators to shame.
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