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Author Topic: What do you think about altcoin market  (Read 1290 times)
Rufsilf
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July 07, 2022, 12:26:48 PM
 #61

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
And the wise decision is to buy more rather than rejected the chance. People are wishing for the price to dump during the bullish season for them to buy altcoins at a cheaper price, I couldn't imagine discouraging people to buy today which in fact, we have already been given the chance. Only we have to choose potential coins, not meme coins or those who are created useless and in the hype and you will never regrets it.

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July 07, 2022, 12:46:24 PM
 #62

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
And the wise decision is to buy more rather than rejected the chance. People are wishing for the price to dump during the bullish season for them to buy altcoins at a cheaper price, I couldn't imagine discouraging people to buy today which in fact, we have already been given the chance. Only we have to choose potential coins, not meme coins or those who are created useless and in the hype and you will never regrets it.
That's it. Some people are still thinking hundreds of time to accumulate the tokens that already dumped so hart meant they can't accept the risk investing in the crypto is very risky. They didn't even need to trade. It's better for them all to keep their assets into the stable token or fiat money.
Any investment will always be involving the risk. How big the profit is also depend with how big the risk.

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July 07, 2022, 01:41:03 PM
 #63

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.
Polka Dot is a good token and it have a better future. price of $7 is a good opportunity to buy it. But it can some more dump if bitcoin still dropping. Everything in the market depends on bitcoin. So I can't guarantee that.  It will not go below $7. But i can only say $7 is not a bad price for invest in Polkadot

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July 07, 2022, 01:46:42 PM
 #64

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.
So have you ever made a number of purchases on alt coins when the Bitcoin price was at 18 thousand dollars? If so, what alt coins did you buy at that time because in this year almost everyone who frequents the market has seen the Bitcoin price at 18 thousand dollars, but I'm still not sure that many people have made a number of purchases on alt coins. at that time.

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July 07, 2022, 01:58:57 PM
 #65

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.
ATOM looks better now because the Cosmos ecosystem is developing faster and many projects are moving here from Ethereum to EOS ecosystems. Polkadot slows down the development and launch of projects due to the long procedure of auctions for parachains. Projects are launched a few months after winning.
This is not financial advice.

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July 07, 2022, 02:15:04 PM
 #66

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.
So have you ever made a number of purchases on alt coins when the Bitcoin price was at 18 thousand dollars? If so, what alt coins did you buy at that time because in this year almost everyone who frequents the market has seen the Bitcoin price at 18 thousand dollars, but I'm still not sure that many people have made a number of purchases on alt coins. at that time.

Of course, in this prolonged bear market situation, it is too risky to invest in altcoins, especially buying new coins or shitcoins is not recommended,
because the possibility of losing money is quite large. It is natural that in the end more people choose to focus on collecting as much Bitcoin as possible,
because after all Bitcoin is a safe choice in a bear market situation like now. Even if we really want to buy altcoins in a bear market situation,
I only recommend ETH and BNB, both of which are top coins which are very popular and have very high demand. So the possibility of making a profit
from ETH and BNB is quite high.

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July 07, 2022, 02:24:58 PM
 #67

The altcoin market has experienced very deep declines, it seems to me that these are the lowest levels now, it depends on btc, but I don't think btc will crash any more. We have come this far due to 99% of the tokens like luna events in the market, I think it's time to slowly recover. This acceleration may be a little slow by spreading over time.
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July 07, 2022, 02:33:52 PM
 #68

Quote
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.
Since we are still in the bearish season, it will be better to buy now than later because many altcoins has decreased for people to buy and hold for the market to look good before they can sell to make a good profits.  I don't think altcoin will still decrease more than this in this season because many altcoins are already demonstrating some signs of improvement in the market. The bull market is about to appear for those that bought when the price was low in the market to have something good to earn.

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July 07, 2022, 06:16:25 PM
 #69

the crypto market is difficult to predict, no one knows where it will go, but in terms of buying for now I have not entered buying altcoins because as we know the market is very unfriendly I am afraid the market will get worse in the future I am more comfortable saving in $ or just busd right now
Nobody knows where Crypto will take us from now, but the wise ones are bagging coins for future purposes while the greedy ones ar still in doubt that altcoins will continue dipping but either ways, one needs to anticipate in doing something about the market. The market currently is not in a good shape or to take open positions and it will definitely blow up your portfolio. Altcoins market is unpredictable at the moment as many dump and pumps happens.

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July 07, 2022, 06:38:41 PM
 #70

The altcoin market has experienced very deep declines, it seems to me that these are the lowest levels now, it depends on btc, but I don't think btc will crash any more. We have come this far due to 99% of the tokens like luna events in the market, I think it's time to slowly recover. This acceleration may be a little slow by spreading over time.
Current Altcoin market are very unstable, the pump and dump very often happens in altcoins than bitcoin. we are in bearish phase, you are right, but if we can see the market, some of altcoin can pumped till 200% in few days. Actually, we are not in same condition as 2017, a lot of new whale can play with altcoin market for now. I don't talking about new tokens in AMM, we are very often see this P&D from Binance market.

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July 07, 2022, 06:56:06 PM
 #71

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.
In this current situation of market it is risky to invest in alt-coin for long-term. And we can't ensure that what is going to happen next. So my advice would be for you that refrain investment in alt-coin. Or you can also wait for more dip.  But it will be better to invest in btc now if you you want the security cause after the incident of Luna we can't believe any altcoin. My think is now is to avoid alt-coins except ( the top pairs like-bnb, eth ltc etc)


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July 07, 2022, 09:22:19 PM
 #72

In this current situation of market it is risky to invest in alt-coin for long-term. And we can't ensure that what is going to happen next. So my advice would be for you that refrain investment in alt-coin. Or you can also wait for more dip.  But it will be better to invest in btc now if you you want the security cause after the incident of Luna we can't believe any altcoin. My think is now is to avoid alt-coins except ( the top pairs like-bnb, eth ltc etc)
Investing in any altcoin must be more careful because without us realizing Luna was previously included in the list of top coins but could drop significantly to almost no price anymore, we must learn from experience with Luna coins that don't trust altcoins too much and we have to make decisions to cut losses before big losses. After the big loss incident from Luna, then my altcoin only recommends ETH and BNB coins.

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July 07, 2022, 10:37:39 PM
 #73

In this current situation of market it is risky to invest in alt-coin for long-term. And we can't ensure that what is going to happen next. So my advice would be for you that refrain investment in alt-coin. Or you can also wait for more dip.  But it will be better to invest in btc now if you you want the security cause after the incident of Luna we can't believe any altcoin. My think is now is to avoid alt-coins except ( the top pairs like-bnb, eth ltc etc)
Investing in any altcoin must be more careful because without us realizing Luna was previously included in the list of top coins but could drop significantly to almost no price anymore, we must learn from experience with Luna coins that don't trust altcoins too much and we have to make decisions to cut losses before big losses. After the big loss incident from Luna, then my altcoin only recommends ETH and BNB coins.
Having a bad experience with Luna is something that would open our minds not to trusting the project easily unless it was been proven. Many of these kinds of project turn to scam and sadly, nobody has been able to figure it out early before people had been attracted and invested more. Now, it is to realize that investing in new projects is risky, and considering them for long-term investment is not ideal, we'd rather use to choose known altcoins like ETH if that would be our plan.

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July 07, 2022, 10:49:10 PM
 #74

In this current situation of market it is risky to invest in alt-coin for long-term. And we can't ensure that what is going to happen next. So my advice would be for you that refrain investment in alt-coin. Or you can also wait for more dip.  But it will be better to invest in btc now if you you want the security cause after the incident of Luna we can't believe any altcoin. My think is now is to avoid alt-coins except ( the top pairs like-bnb, eth ltc etc)
Investing in any altcoin must be more careful because without us realizing Luna was previously included in the list of top coins but could drop significantly to almost no price anymore, we must learn from experience with Luna coins that don't trust altcoins too much and we have to make decisions to cut losses before big losses. After the big loss incident from Luna, then my altcoin only recommends ETH and BNB coins.
Having a bad experience with Luna is something that would open our minds not to trusting the project easily unless it was been proven. Many of these kinds of project turn to scam and sadly, nobody has been able to figure it out early before people had been attracted and invested more. Now, it is to realize that investing in new projects is risky, and considering them for long-term investment is not ideal, we'd rather use to choose known altcoins like ETH if that would be our plan.

It takes some logic as well.  If someone is offering to large of a return that is economically unable to stay up then yeah it will eventually fall the way of luna.  There are some good projects out there but I wouldn't speculate in this type of market even though the last couple days looked decent.  Think it's false hope right now.

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July 08, 2022, 02:59:22 PM
 #75

In this current situation of market it is risky to invest in alt-coin for long-term. And we can't ensure that what is going to happen next. So my advice would be for you that refrain investment in alt-coin. Or you can also wait for more dip.  But it will be better to invest in btc now if you you want the security cause after the incident of Luna we can't believe any altcoin. My think is now is to avoid alt-coins except ( the top pairs like-bnb, eth ltc etc)
Investing in any altcoin must be more careful because without us realizing Luna was previously included in the list of top coins but could drop significantly to almost no price anymore, we must learn from experience with Luna coins that don't trust altcoins too much and we have to make decisions to cut losses before big losses. After the big loss incident from Luna, then my altcoin only recommends ETH and BNB coins.
Having a bad experience with Luna is something that would open our minds not to trusting the project easily unless it was been proven. Many of these kinds of project turn to scam and sadly, nobody has been able to figure it out early before people had been attracted and invested more. Now, it is to realize that investing in new projects is risky, and considering them for long-term investment is not ideal, we'd rather use to choose known altcoins like ETH if that would be our plan.
That's true but Ethereum won't give you a 100x like newer alts like CNDL, DRC, and ATRI will.
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July 08, 2022, 06:48:20 PM
 #76

And the wise decision is to buy more rather than rejected the chance. People are wishing for the price to dump during the bullish season for them to buy altcoins at a cheaper price, I couldn't imagine discouraging people to buy today which in fact, we have already been given the chance. Only we have to choose potential coins, not meme coins or those who are created useless and in the hype and you will never regrets it.
I can't even imagine discouraging people to buy now too, that would be very silly. Why not buy it when it is low, when you can sell it when it is high? That is literally how the trading deal works, it has always been said to be "buy low, sell high" and if you can't do that then you shouldn't be trading.

Everyone knows that you should be buying bitcoin and altcoins when they are low, sure if it is a shitcoin then sell and get out, but if it is a legit one, then you should buy it and then you should be selling it at a much higher level in the future. I know not many people do that, but they should totally consider doing it in the future to be able to understand how to make money.
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July 08, 2022, 07:48:18 PM
 #77

In this current situation of market it is risky to invest in alt-coin for long-term. And we can't ensure that what is going to happen next. So my advice would be for you that refrain investment in alt-coin. Or you can also wait for more dip.  But it will be better to invest in btc now if you you want the security cause after the incident of Luna we can't believe any altcoin. My think is now is to avoid alt-coins except ( the top pairs like-bnb, eth ltc etc)
Investing in any altcoin must be more careful because without us realizing Luna was previously included in the list of top coins but could drop significantly to almost no price anymore, we must learn from experience with Luna coins that don't trust altcoins too much and we have to make decisions to cut losses before big losses. After the big loss incident from Luna, then my altcoin only recommends ETH and BNB coins.

Right. Lunacoin was the top coin and no one ever thought that this coin would have this consequence. It is important to be aware of the risks before investing in any altcoin, so as not to fall into such situations. There were many investors who had huge profits in lunacoin but they did not book the profits at the right time, as a result of which their profits also became zero. So this is a big lesson for us how important it is for any investor to book a profit if they are profitable in any altcoin. So it is very important to be careful not to invest any top coin blindly.

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July 08, 2022, 08:07:33 PM
 #78

The altcoin market follows bitcoin, we should all be aware of that. When bitcoin pumps alts pump. The whole 4 year cycle is run by what happens with bitcoin.

I don’t think the bitcoin bottom is in yet so no, alts haven’t bottomed just yet.

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July 08, 2022, 09:23:20 PM
 #79

In this current situation of market it is risky to invest in alt-coin for long-term. And we can't ensure that what is going to happen next. So my advice would be for you that refrain investment in alt-coin. Or you can also wait for more dip.  But it will be better to invest in btc now if you you want the security cause after the incident of Luna we can't believe any altcoin. My think is now is to avoid alt-coins except ( the top pairs like-bnb, eth ltc etc)
Investing in any altcoin must be more careful because without us realizing Luna was previously included in the list of top coins but could drop significantly to almost no price anymore, we must learn from experience with Luna coins that don't trust altcoins too much and we have to make decisions to cut losses before big losses. After the big loss incident from Luna, then my altcoin only recommends ETH and BNB coins.
Having a bad experience with Luna is something that would open our minds not to trusting the project easily unless it was been proven. Many of these kinds of project turn to scam and sadly, nobody has been able to figure it out early before people had been attracted and invested more. Now, it is to realize that investing in new projects is risky, and considering them for long-term investment is not ideal, we'd rather use to choose known altcoins like ETH if that would be our plan.
That's true but Ethereum won't give you a 100x like newer alts like CNDL, DRC, and ATRI will.
Most of the new altcoins will not give you those profits either, besides we need to consider the chances this will happen, if you invested in 100 coins in order to breakeven you will need that at least 1 out of 100 coins to give 100x, and that is assuming you invested in all of those coins and that you remained invested in the successful coin until it reached its full potential, we will also need to ignore things like slippage and transactions costs which will add huge costs along the way, which will most likely require that 1 out of 90 coins go up 100x to breakeven.

So with all of this in mind do you think people can pull off something like this? Some people can but they were just lucky and as such their results cannot be replicated, but for the rest obtaining those profits out of altcoins is nothing more but an impossible dream.

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July 08, 2022, 09:50:06 PM
 #80

The market is ongoing in the bearish era, so the price of all cryptocurrencies is following the BTC, it's dropping. SO, it doesn't worry if DOT price is also dropping ver significantly.
Actually, if we are fans of P, this is a good time to add more DT, right?
But, this may be risky because the bearish will still be longer. Btw, DOT is also one of my favorite coins, I believe that this coin can rise up the higher price after this bearish market ends.

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