What do you think about altcoin market

[samuraijin]

Altcoins are always interesting for us to follow, the number of altcoins is more than 20k and makes competition very tight, if we pay attention to top 50, then dominated by new coins that are not 3 years old, this is the hope that the future of cryptocurrencies is increasing improved.

Indeed, the competition in the crypto world is very tight, even the altcoins that have emerged this year do not have a long term that makes some altcoins disappear without any purpose to develop, even to the point of being left behind by their owners and investors who made the altcoins, lost in the market,  so I really hope for new projects that develop something in the crypto world, must have mentality and insight and a solid community.  that's what makes the altcoin will be strong in the market and compete in all markets.

[1715080408]

1715080408

[Desscount]

In my opinion, the altcoin market is very bad, because if you analyze it,
a lot of altcoins have dropped from their ATH by more than -70% and some even have -90% more,
how? this is what makes me really have to stay away from altcoins if the price has gone up high when the market is bullish

[Morningstarr]

In my opinion, the altcoin market is very bad, because if you analyze it,
a lot of altcoins have dropped from their ATH by more than -70% and some even have -90% more,
how? this is what makes me really have to stay away from altcoins if the price has gone up high when the market is bullish

We know that the best time to invest is when the prices are down and so this is the best time to invest because as you said almost the entire market is down seventy to ninety percent but we also have to see if the market can dump more. What do you think? if we look at the global economy it is improving, Oil prices have come down and the CPI report is also good but the decision on interest rates is yet to come, so is the market heading for an improvement, or is it a bull trap?

[RussiaUkraineTranslation]

In my opinion, the altcoin market is very bad, because if you analyze it,
a lot of altcoins have dropped from their ATH by more than -70% and some even have -90% more,
how? this is what makes me really have to stay away from altcoins if the price has gone up high when the market is bullish

We know that the best time to invest is when the prices are down and so this is the best time to invest because as you said almost the entire market is down seventy to ninety percent but we also have to see if the market can dump more. What do you think? if we look at the global economy it is improving, Oil prices have come down and the CPI report is also good but the decision on interest rates is yet to come, so is the market heading for an improvement, or is it a bull trap?

Well thought out post. I also agree that we are entering a bull market. Those that wanted to sell out of fear have and we are starting to see green shoots. New projects like MAXX finance are launching on Polygon and Polygon recently announced some huge partnerships like Disney and Coca Cola etc.

[Bobrox]

If we talk about the current market it's quite better than in previous months but I must say we can not say with surety market will keep rising Some crypto experts are saying we can see one more drop before the rise. If you are planning to buy Polkadot you can start partial buying but should not wait for a big drop as the market seems good so it's better not to miss the chance because sometimes when we expect a drop market rise aggressively. The overall crypto market is recovering but still, there are no big moves so far as we see in the bull run.

Still not have good progress about altcoin price until right now after last moment back drop drastically, I think need time for recovery for altcoin can reaching higher price and looks worth when bitcoin back above $40,000. I think what ever altcoin kinds investing like Polkadot, keep depending with bitcoin price, if failed reach higher price above $40,000 again I think we loss opportunity to see altcoin back to the top price, always stuck few percent reaching up before going dump again. But if bitcoin one or two months later have good progress and success touch higher price we can get chance with altcoin take profit with reach to higher price.

[Imran232]

<.....................>

I think you already got your answer right now about the polkadot coin. because if you invested your coin at that time, you are already in profit But you know what, I believe that this is just the beginning of the polkadot coin. It can achieve more than you think, and this is my belief. I always believe that if I am dealing with a good and strong coin, I will profit. Maybe it might take some time, but yeah, I can get my profit. That's for sure. Thank you.

[StreakW]

I see so far the altcoin market is not in good shape. In addition, we cannot predict with certainty what market conditions will be this year. Especially now that almost all altcoins, including Polkadot, have experienced a very significant price decline. But I am optimistic in the future bull market will happen again. Therefore now is the right time to buy altcoins and hold them long-term.

[AnonBitCoiner]

In my opinion, I think it will grow. The altcoin has a bright future that's why I am investing in altcoin now it's your decision what you will do. I think you should also invest in Alts.  Alts are future.

[carlisle1]

I see so far the altcoin market is not in good shape. In addition, we cannot predict with certainty what market conditions will be this year. Especially now that almost all altcoins, including Polkadot, have experienced a very significant price decline. But I am optimistic in the future bull market will happen again. Therefore now is the right time to buy altcoins and hold them long-term.

In each downfall there would be a good bounce that will happen if you are optimistic then it's true that buying while the market is falling is

the best time for you, just set your target and forget for a while when you already get your assets, let the cycle continue and wait for another

rise. there are many situation like this in every project better to learn from those experienced and prosper when the bull run dominate back.

[abralzain17]

for the current condition of the Crypto market, in my opinion, it is still not stable, this is because the percentage of price declines is still very vulnerable to altcoins, it will make many traders have to wait a long time to return their assets in Intact.
I think the current unbalanced market conditions would be better if we hold tokens like Polkadot for the long term.

[Ahli38]

today bitcoin looks correction again. and the altcoin market is again in a tragic crash. but for me this is an opportunity to buy back from the bottom. because after going down there is always a reflection even if a little. but the moment should be utilized for a day trader. When the market is like now we must remain calm and reduce panic. change the mindset to be positive to get profit. if we dare to buy when the price starts to rise. So why should we be afraid to buy when the market goes down again?
but for those who are not familiar with the current market conditions, it is better to wait and see before entering. because actually if you see bitcoin's correction to the current price, then that means bitcoin has the potential for a deeper decline. so DCA must be prepared to capture bottom purchases gradually.
DYOR.

[junkerr]

today bitcoin looks correction again. and the altcoin market is again in a tragic crash. but for me this is an opportunity to buy back from the bottom. because after going down there is always a reflection even if a little. but the moment should be utilized for a day trader. When the market is like now we must remain calm and reduce panic. change the mindset to be positive to get profit. if we dare to buy when the price starts to rise. So why should we be afraid to buy when the market goes down again?
but for those who are not familiar with the current market conditions, it is better to wait and see before entering. because actually if you see bitcoin's correction to the current price, then that means bitcoin has the potential for a deeper decline. so DCA must be prepared to capture bottom purchases gradually.
DYOR.

after a while, it looks better but we face the weekend. Yes, it has nothing to do with it but sometimes I see that on weekends we always see corrections occur.
dumps that occur may soon gain stability. but we hope the altcoin market will get a strong boost to defend its position from bitcoin dominance.
now we can indeed buy and rest easily to see the potential of the pump that will happen in no time. but it looks like we'll have to be patient and wait a little longer to see the altcoin market get a pump.

[haleema]

I think this is not a right time to invest, as looking the current market situation, I am still waiting to buy for some coins at good price, i will buy cardano on 0.40 cent.
 bull run will start most probebly in sep end.

[ogabangianrey22]

Interesting to see how many people have already downloaded Dreem beta. It’s just that new models appear just impossibly fast, as if there is a whole country to work on it.

[KaliLinux]

In my opinion, the altcoin market is very bad, because if you analyze it,
a lot of altcoins have dropped from their ATH by more than -70% and some even have -90% more,
how? this is what makes me really have to stay away from altcoins if the price has gone up high when the market is bullish

All of the crypto projects in the markets are down 70% and more but this is not a problem considering you are HODLing some good Altcoins and not just some shitcoins plus really, this is the best time to Buy any GOOD crypto project from Bitcoin to ALtcoins, I understand some people will only buy back once the market starts going back up but maximizing your investment means buying when the market is down by 80% or more which most ALts have seen.

[Kocret02]

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.

Because altcoins are derived from bitcoin, their price often follows the price movement of the bitcoin currency. However, the maturity of the investment ecosystem in cryptocurrencies and the development of new markets for these coins will make altcoin price movements more independent and independent of bitcoin price movements.

[isaac_clarke22]

~

This is usually the case most of the time with the exception of stablecoins of course.
From the perspective of investor like me back in the days, I usually sell my Bitcoin and altcoin concurrently whenever I get the earnings that I needed. I usually move these two holdings around whenever I need to, though I do not really trade actively until late 2018-2019.

Got more losses in alts than Bitcoin if you're going to ask me.

[Wakate]

~

This is usually the case most of the time with the exception of stablecoins of course.
From the perspective of investor like me back in the days, I usually sell my Bitcoin and altcoin concurrently whenever I get the earnings that I needed. I usually move these two holdings around whenever I need to, though I do not really trade actively until late 2018-2019.

Got more losses in alts than Bitcoin if you're going to ask me.

Since our major aim of investing in the crypto market is to make profits then I am not that surprised when we make profits and cash out the fund to prevent further loses that could emanate due to our unconsciousness about how the crypto market works.
The altcoins market is a safe one bringing big opportunities to us as the market keeps growing. We do have opportunity to buy coins during pre-sale and after pre-sale to make extra fund when our holdings starts accumulating some profits.  The market is huge with so many opportunities for us to grab and earn.

[samuraijin]

In my opinion, the altcoin market is very bad, because if you analyze it,
a lot of altcoins have dropped from their ATH by more than -70% and some even have -90% more,
how? this is what makes me really have to stay away from altcoins if the price has gone up high when the market is bullish

As a true trader is how your patience is tested, early on we can see that you have no patience in seeing price movements, you want to see all altcoins go up continuously, all markets have a rhythm of movement and there will definitely be price declines, a trader just monitors and be patient to see the movement and really analyze the movement not only want to get big profits, but learn the rhythm, not just lust..

[Paul Pogba]

The altcoins market is certainly very dynamic, compared to bitcoin which is stagnant I prefer altcoins, large profit opportunities and the emergence of many new coins make us have the opportunity to become millionaires and succeed with altcoins.