What do you think about altcoin market

[jaberwock]

I think there is hope for other altcoins if precious assets like Bitcoin and Ethereum enter an uptrend. For example, $1000 became the bottom price for Ethereum. It's now up to around $1700. So, we may be in a good period for altcoins. For this reason, I think it might be good to buy altcoins gradually.

The bottom price was around 900. it seems like crypto is in a good track right now. I was seeing some people were also accumulating more and more tokens this time. This can be a signal if there will be a huge pump that may occur very soon. I hope that we will see the recovery phase as soon as possible caused by it has been long time since the last bullish trend in the crypto market. People are accumulating now. Altcoin market is in the right direction to recover from its bottom.

Unlike to you, maybe he doesn't track the price at all times but anyway I think his guess was still close to it. It's only a hundred dollars away from the real altcoins. Price of btc have improved by 3k so that might be the reason on why other cryptos such as eth have also recovered by some percent but better if we won't get too much excited as this could be another trap again like everyone else is saying.

Let's be calm for a while and see if btc really can cross to over 25k and above as that is the true sign that the altcoin market is going to improve. I am not surprised of those who buys a lot lately, thinking it's now the last minute. There are really people like that who feel safer or confident if they invest during a recovery.

[marissa23]

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I've also followed the advice to invest in the top coins and currently the estimate has risen higher than 15% after the market dropped higher, so I'm focusing on investing in the top coins with higher returns. Even though the market is recovering but it is difficult to reach the $30k recovery this week, we need to review the market patterns after the price recovery.

[stomachgrowls]

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I've also followed the advice to invest in the top coins and currently the estimate has risen higher than 15% after the market dropped higher, so I'm focusing on investing in the top coins with higher returns. Even though the market is recovering but it is difficult to reach the $30k recovery this week, we need to review the market patterns after the price recovery.

Dont expect for top ranking coins including btc would be having that kind of movement.IF we do talk about high returns then this would be talking on low cap or shit coins that had been pumped but

somehow even if you do deal up with btc and if you could able to sustain yourself on making trades even volatility isnt much then you could always have the chance on making profits despite of the condition.Speaking with altcoin market then this is something would vary since we know that there are top altcoins and there are low ranks or low caps thats why it would really be on someones choice
whether they would be investing into top or to those low ones and its up to someones personal choice because when it comes to decisions then it would really vary from time to time.

[Semar Mesem]

Today a lot of altcoins are skyrocketing, the new coin that I keep, namely Optimism, continues to skyrocket, I regret selling Optimism too quickly, and the rest that I still save will be used as a long-term investment, I believe in 2022 the price of Optimism can reach at least $ 10.

[smartaction]

Altcoin market always fluctuate in price depending on Bitcoin. If the price of Bitcoin increases then the price of the altcoin will increase as well. Now the price of Bitcoin is starting to rise and so are the altcoins. I think now time to invest in altcoins but we shouldn’t invest largest amount in any altcoins, coz investing in altcoins is high risky then bitcoin

[Xxmodded]

I think there is hope for other altcoins if precious assets like Bitcoin and Ethereum enter an uptrend. For example, $1000 became the bottom price for Ethereum. It's now up to around $1700. So, we may be in a good period for altcoins. For this reason, I think it might be good to buy altcoins gradually.

Almost success earn profit with ETH if not loss on other coins because I have planning when ETH still drop under $1000 last month but I don't have saving fund after stuck and loss on other coin, maybe we can reach above 70% profit with ETH success back to higher price right now above $1,700 and looks fantastic recovery with ETH drop last months. I think than other altcoin looks promising with ETH and have faster way for recovering and back to the top price again. But depending with trader and investor which one based on them are the best altcoin for investing, keep with eth or not.

[rugrats]

Today a lot of altcoins are skyrocketing, the new coin that I keep, namely Optimism, continues to skyrocket, I regret selling Optimism too quickly, and the rest that I still save will be used as a long-term investment, I believe in 2022 the price of Optimism can reach at least $ 10.

Bitcoin is rising so it is not surprising that altcoins are also rising, every market is watching the bitcoin trend. The coins you are referring to are layer 2 , I think you are right to sell them for a moderate profit, no one can predict when our holdings will increase and when to decrease?. Selling them at a profit is the correct decision. I don't hold Optimism but I see it with great potential.

[TheUltraElite]

Today a lot of altcoins are skyrocketing, the new coin that I keep, namely Optimism, continues to skyrocket, I regret selling Optimism too quickly, and the rest that I still save will be used as a long-term investment, I believe in 2022 the price of Optimism can reach at least $ 10.

Well you never know which coin is going to go big. So good luck on that seeing it through. In my opinion, altcoins should be sold to cover the cost of investment once feasible and then the rest of the coins should be kept at hand for future profits.

You never know what can happen with a specific altcoin. Traders who are new to altcoins often over-estimate their price movements and end up holding them way longer than they should have. By that time the bigger investors move out and the price drops suddenly and then recovery become pain in the rear.

Which is why the altcoin market should be traded with caution and only by veterans who are willing to take the risk. While a coin is much above ATH, sell and book profit dont wait on holding it.

[Altryist]

Altcoin market always fluctuate in price depending on Bitcoin. If the price of Bitcoin increases then the price of the altcoin will increase as well. Now the price of Bitcoin is starting to rise and so are the altcoins. I think now time to invest in altcoins but we shouldn’t invest largest amount in any altcoins, coz investing in altcoins is high risky then bitcoin

Well, you see, altcoin pumps are often happening now, despite the fact that bitcoin is in a flat. It turns out that altcoins can grow regardless of whether Bitcoin grows or not. Another thing is that these pumps are temporary and most often the price of altcoins returns to their previous values. From this we can conclude that altcoins can be used now for short-term gains, but at the same time, you need to keep an eye on bitcoin, because if it goes down, then the entire market will definitely follow it.

[asyakashi]

DOT is one of the assets with good future potential. If we really believe in this project it doesn't matter if we can't buy it at a cheaper price. Sometimes buying with the lowest support target can also make us want even cheaper, until we regret not buying it.

[smartaction]

Altcoin market always fluctuate in price depending on Bitcoin. If the price of Bitcoin increases then the price of the altcoin will increase as well. Now the price of Bitcoin is starting to rise and so are the altcoins. I think now time to invest in altcoins but we shouldn’t invest largest amount in any altcoins, coz investing in altcoins is high risky then bitcoin

Well, you see, altcoin pumps are often happening now, despite the fact that bitcoin is in a flat. It turns out that altcoins can grow regardless of whether Bitcoin grows or not. Another thing is that these pumps are temporary and most often the price of altcoins returns to their previous values. From this we can conclude that altcoins can be used now for short-term gains, but at the same time, you need to keep an eye on bitcoin, because if it goes down, then the entire market will definitely follow it.

short time trading for altcoins can be a good suggestion. Because when bitcoin starts to go up a bit, the altcoin goes up much more then bitcoin. Which is able to give a big profit.  So for altcoin trading one must keep an eye on Bitcoin. And Altcoins cannot be hold for long in these market conditions.

[ItsCrafty]

Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.

I think Buying Polkadot below 10$ is worth investing. We know that next trend will be Web3 and Polkadot working on it and have a big network. Don't know why it's price is low down very much and not showing good momentum at this time but I strongly believe that it price will Go very high like Solona.i think current price issue is because of High supply.

[sulendra12]

Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.

Currently the price is at $8 and Polkadot is just simply has a great potential and looking at the graph right now the chart itself is having a green sign which means it could be great for day trading for some quick bucks although you have to make sure that your indicators of choice already suits your criteria to determine which decisions to choose, just be careful the current market is really wild.

[maartenhaha]

When the price of alcoin drops, the best choice is to hold the coin, don't sell it, people usually panic when the market is like this and they release their coins at low prices, so my advice is don't panic quickly, keep yourself under control so you don't experience large losses.

[yohananaomi]

When the price of alcoin drops, the best choice is to hold the coin, don't sell it, people usually panic when the market is like this and they release their coins at low prices, so my advice is don't panic quickly, keep yourself under control so you don't experience large losses.

indeed, when the price drops as it is today, it is certain that many will panic, especially those who already hold quite a lot of coins and when they buy at a high enough price, so that sometimes they don't think anything other than just wanting to make a small loss. even though it was wrong.
because everything will finally get better in time, because usually crypto will repeat what has been done, as well as when the price goes down it will repeat again to go up even though it may be difficult to determine when it will recover. that's because it will take a long time to wait so there will be many who go the wrong way by selling it even though many are waiting for that moment to also buy.

[dbundus]

Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.

I am always bullish about the altcoin market, especially since we haven't got a satisfactory run, compared to previous bull runs. However, I do think that the altcoins are all dependent on BTC movements. It could be up or down. Just because BTC moves up, doesn't mean alts will follow in the same direction and vice versa, however, the BTC moves surely affects the ALTS.

[yhiaali3]

The answer to this question is mainly about answering the question: Have we hit the bottom of Bitcoin? Because the altcoin market is highly correlated with Bitcoin, in general it can be said that we have reached the bottom by 80% in my opinion, there was a slight rally on the market but the bear market is not over yet, we need more time.
However the polka-dot price is also slightly higher now around $8.5 and we are sure to witness an important rally when the market moves well in the near future.

[Wildwest]

Polkadot is one of the altcoins that has been present in the crypto world for a long time, and until now we can still rely on the coin, even though the price decline is currently happening but I am sure that in the future the value of polkadot will definitely increase again, for now the market is indeed unstable and it is very difficult to predict the one coin, we just wait until the value of bitcoin increases again then all altcoins will follow the flow.

[bigjuk]

Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.

What I understand the market is currently experiencing a downturn, but I believe it will continue at the very bottom, all Altcoins are experiencing the same thing, not just the whole polka-dot, but some of my sources I see Altcoins will have something perfect in the days to come, despite everything that has happened, polka-dots I think are good to hold in the long term.

[Mr. Magkaisa]

Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.

If I'm not mistaken, the last time I saw that the highest was around 20$ each, if you ask me at the 7$ price now, I can say that it's cheap. And in my opinion, it's good to invest there and then hold it for a long time, let's say about 3 years. Besides Polkadot (DOT), there are many other altcoins in the market that are good in the long term such as Matic, UTK, Cardano, VET, MBet, Babydoge, which you can check before investing.