What do you think about altcoin market

[tbterryboy]

Anyway, everything that has been trading at the bottom shall be considered as a good price to buy. So if you are feeling doubt caused by that and then forget to invest in the crypto. you do know that if the price already bottomed but you are still seeking opinion from others. that proves if you didn't even trust yourself. Buy if you think that already gone to the bottom. Not buy when you are thinking that's still overvalued at this moment. That's an easy choice for you and then the choice is yours.

I think there is no way to tell the bottom of the coins so I don't like using that word. Instead we can say that the coins are dumping and that is a good time for buying. There is no room for doubts thinking that there is more dump to come because we are already given by a good price.

We should be thankful for this and shouldn't ask for more. If they want to, they can invest smaller amounts for a while so that they have a back up funds left for later use, in case what they are expecting occurs. It's not bad to ask for a second opinion, if we aren't sure to decide for ourselves because you know, the market nowadays is truly confusing.

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[tjtonmoy]

Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.

Many alts will fall during this market crash. But only those who can stand their ground will stay here and will have the strength to rise again.

[danherbias07]

It will become a blame game if we answer this. Every altcoin now has a big chance for a big pump if ever Bitcoin is pulled up.
What you can do is filter the choices. Those you like and think that have a better chance to ride that kind of wave.
Binance coin for example (BNB). This coin had been riding the wave when Bitcoin goes up and down because it's used at their trading site which means demands are going high whenever traders need to get in and out. That's the only coin I am trying to buy for now as I cannot decide yet which will give me more profits, especially with a long list of high-risk altcoins.

[bhooscream]

The altcoin market is still like this, dropping following the Bitcoin market.
It is still not expected to rise up in this bearish season. There also may still have dropped the price again later.
DOT is one of the worthy altcoins, this experience a very dramatic drop. If this survives, we can invest it right now and hold them until at least the next bullish market. If the price can meet the previous ATH, we can have high profits, can't we? but once more, there is no 100% guarantee that this coin can survive and pass the previous ATH. So, DYOR again

[wxa7115]

It will become a blame game if we answer this. Every altcoin now has a big chance for a big pump if ever Bitcoin is pulled up.
What you can do is filter the choices. Those you like and think that have a better chance to ride that kind of wave.
Binance coin for example (BNB). This coin had been riding the wave when Bitcoin goes up and down because it's used at their trading site which means demands are going high whenever traders need to get in and out. That's the only coin I am trying to buy for now as I cannot decide yet which will give me more profits, especially with a long list of high-risk altcoins.

Right now this is the right approach, we need to think on making our investments for the long term and not the short term, I know that many people do not want to do this because they understand the bear market is going to continue for the long term, but the short term is going to be terrible for most altcoins, with a great deal of them disappearing or going down in value in a dramatic fashion.

So with this in mind the best approach is to invest in a coin that we know it is going to bring great profits during the long term, and there are very few coins that we know can give those profits, and without a doubt the binance coin is one of those few projects.

[TheUltraElite]

Nowadays it is difficult to predict that a coin can increase or will continue to fall until the end, everything is not stable and this includes the value of bitcoin, if you want to hold a coin as you said that polka dot is a good coin then consider it first until the market situation can be better, but if you are sure of the coin then there is nothing wrong with storing.

Long term holding is a faith-based game. If you have confidence in the team and have proper faith in their approach then by all means do invest in it. But this may not be the case for most investors who have joined with lack of background research, suggestions from other friends and social media spam. Majority of the coins launched in the last 3years have been hyped coins with no proper use case or intrinsic market making.

Therefore the long term value of such coins is virtually null without any profit. They will end up being a burden in your bag which one can never relieve off.

[Samurai trieng]

I think at this time the crypto market is very critical where most coins have experienced a very deep decline, the thing that is most worried is the decline in bitcoin where the decline has reached 50% and if you look at the current market situation  most likely bitcoin and other coins will back experience a decline, and most likely the crypto market will repeat itself as it was in 2018.

[ilovealtcoins]

I think at this time the crypto market is very critical where most coins have experienced a very deep decline, the thing that is most worried is the decline in bitcoin where the decline has reached 50% and if you look at the current market situation  most likely bitcoin and other coins will back experience a decline, and most likely the crypto market will repeat itself as it was in 2018.

This is a pattern that is repeating itself and things seem to get worse if bitcoin continues to decline . Many altcoins have dropped more than 90% in value and I think that if it continues to happen, it is unlikely that they will be able to recover at some point in the future. should limit altcoin investment at this time.

[blockman]

Yeah, the price was back near to its launching price. After hitting $54, do we think that it can be back there? Maybe. Everything in the market is plummeting.
This could be the bottom of this cycle and it's not financial advice because you'll still be the one to decide if you're going to buy it or not.

[Furious 7]

I think at this time the crypto market is very critical where most coins have experienced a very deep decline, the thing that is most worried is the decline in bitcoin where the decline has reached 50% and if you look at the current market situation  most likely bitcoin and other coins will back experience a decline, and most likely the crypto market will repeat itself as it was in 2018.

Actually this will happen sooner or later because if you look at a pattern like this it has happened several times and it is quite natural to say this is deja vu to me so I don't see anything too worrying for myself.
The current decline is still continuing and indeed it may still continue like this until it finds a good pattern for the Bulls again. Bitcoin is one of the things that is quite vital, as long as they continue to be in an uncertain turbulence then the alt will certainly be shaken.

[BuNga_cute]

I think at this time the crypto market is very critical where most coins have experienced a very deep decline, the thing that is most worried is the decline in bitcoin where the decline has reached 50% and if you look at the current market situation  most likely bitcoin and other coins will back experience a decline, and most likely the crypto market will repeat itself as it was in 2018.

This is a pattern that is repeating itself and things seem to get worse if bitcoin continues to decline . Many altcoins have dropped more than 90% in value and I think that if it continues to happen, it is unlikely that they will be able to recover at some point in the future. should limit altcoin investment at this time.

Investing in crypto is indeed high risk, we cannot expect crypto prices to continue to rise. Sometimes we have to be prepared for a bear market
situation like now, I am lucky to be one of the people who have experienced a bear market that occurred in 2018. So for me the current decline
in crypto prices is nothing new and something to worry about. Bear market now will only happen temporarily, if we can be patient holding our coins
until the bull market comes, we can make a satisfactory profit.

The most important thing is my advice, don't panic and sell our coins at low prices, then if we want to buy crypto now is the right time. As you said,
the decline in altcoins was very deep, so it can be said that the price of altcoins is now very low. We can buy some altcoins that we think are potential,
but don't buy too many altcoins, because the percentage of our capital is around 70% it is better to buy Bitcoin. So far it is only Bitcoin the safest
for investment options, so indeed the main focus in a bear market is collecting Bitcoin.

[Gayong88]

What do you think about altcoin market.

It's no secret that the market is not in a good shape at the moment. I think whatever position we are now investors or traders should remember to be smart and keep investing to make money at the end of the day but There are times when we feel this coin or that coin can make me rich overnight.

[Desmong]

The altcoins market looks dip like the normal bitcoin market but it seems like the the altcoins we have now are falling so faster than even Bitcoin. There are some altcoins that can still do better when the market goes up than some that can crash anything. We have seen some altcoins like luna that had crash and the team had tried to revive it but still nothing is happened. More consciousness need to be observed before buying any altcoins in the market right now.

[Iyeman]

the cryptocurrency market is currently in a massive downtrend regardless it's still fine because the cryptocurrency market have gone through such familiar trend for a lot of times i'm sure bullish gonna come eventually.
regardless though this downtrend could be a great chance for accumulation but also could be a massive disaster if you couldn't select the great quality project.
project like polka are indeed great quality since it brings real effort for its innovation but there are competitions like 2nd layer eth that currently trending

[Rengga Jati]

Turning to such this question, the same answer comes back and that is, "No one can tell you with a hundred percent certainty what the next step or future of cryptocurrency is going to be". But looking at the current situation of the market, one can only guess that the market is going to be bearish for a long time. I think in this time altcoin it not ideal for trading I will prefer Bitcoin  for now [except some top alt-coin like- eth, bnb ,ltc]. And this trade can be for long-term.

Exactly none will know the exact prediction. Actually, during this bear market, this is a very good time to increase our portfolio assets. But in this case, truly we need to be careful in choosing which altcoins to invest in. Bitcoin always becomes the main crypto ti hold. For altcoins, I agree with you that BNB and ETH are the main focuses to invest in.
Polkadot actually also has great fundamental with a strong team. If this coin can really survive during this bearish market, this may still have a chance to rise up andreach highprice again although we don't know if this can reach or pass the previous ATH again at $55.00 or not.

[WalkerIVIV]

if you want to hold a coin as you said that polka dot is a good coin then consider it first until the market situation can be better, but if you are sure of the coin then there is nothing wrong with storing.

This time market can be considered as dipped. The bottom will be around here. If the price will be going up again and there was no chance to buy more tokens with the current price. People must make a wise decision whether they wanna try to buy more or not.
I think that storing more and more token/coin this time is the best decision. You must know that if sometimes people must also know about accumulation zone of crypto

[fuguebtc]

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 had never touched any altcoins lately due to me just being a full Bitcoin-er now. Surely there would be some so-called "hidden gems or treasure" there like some other people claim, but in the end there are still sea of shitcoins lying around there waiting for your money to be taken away.

Holding bitcoin at this time is really the safest, but it depends on each person's investment taste, so we should not force them to eat the foods we like to eat but they don't like the taste.

The altcoin Dot is also one of the potential altcoins that should be given a try, its ATH was once above $50, so it is at the current price that he can enter if he likes the coin.

[sensimilia]

It is difficult to predict precisely whether altcoin prices will fall again or not in the midst of a weak crypto market situation. We may have observed that the price of bitcoin plummeted and the price of altcoins plummeted as well. Therefore, it is better to hold altcoins now than to sell.

The price of Bitcoin has exceeded 20 thousands and the price of Alt Coin is also rising, but the price of Bitcoin will not continue to rise. After moving slightly upwards, the can go down again. When the price of bitcoin reaches 16 to 18 thousand dollars, it will definitely be profitable to buy some amount of alt coins.

[bounceback]

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.

As long as Bitcoin's movement continues to decline, it is likely that other altcoins will also follow the decline as experienced by bitcoin as well as the price of the Polkadot coin which currently has a chance to fall below $7, you should not rush to invest when the market is in a situation like it is now because it will pose a higher risk of losing we must be patient and wait a while until there are signs of a positive trend occurring with the market.

[traderethereum]

What do you think about altcoin market.

It's no secret that the market is not in a good shape at the moment. I think whatever position we are now investors or traders should remember to be smart and keep investing to make money at the end of the day but There are times when we feel this coin or that coin can make me rich overnight.

And don't always forget to analyze before doing anything because it will help you determine what you should do based on what is happening in the market.
Investors also have to analyze because, with analysis, they will know when to buy and how much they can buy.
Likewise with traders because by analyzing market conditions, they can find out what coins have the potential to increase if the market changes direction.
But we must remember that no one will know where the market will go and we can only predict.