What do you think about altcoin market

[Altryist]

Market is very in confused stage. Its only beginning also look at the seasonal changes from previous years before the recession. So its gonna crash soon again. Buy now  if you want, as long as youre smart about which stocks or coins you choose, you can make a good short. Polkadot Future is looking good but also manage you fund also for massive profit.

Not a financial advice

The market is now relatively stable and this makes it possible to gradually increase the deposit, it seems convenient to do this on a flat. There may be some defining moment right now, bitcoin will either rise further, or fall to 21k (or possibly lower). A correction now would be logical, the fall continues for a very long time, but it cannot continue all the time.

[XwWnu]

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.

ROI from DOT has only reached 200%, when compared to the top 10 altcoins coinmarketcap DOT ROI is still very small,
of course if you ask whether DOT will go down again? yes it could go down, maybe to $3 or $4, but I'm sure DOT will recover quickly

[trendcoin]

I'm getting tired of waiting, but I'll be patient no matter what because I expect a short bull period. So, I think Bitcoin will short rally. Therefore, I expect a good performance from Altcoins as well... Frankly, I need some money. I hope I'm not being emotional. If I act emotionally, I may make wrong decisions. However, I will continue to wait for a short rally because my feelings and calculations give me such a suggestion...

[lalabotax]

that's so many people are already really tired of waiting.I sold most of my stocks back in mid-February and so far I don't regret anything, I have gone into more stable assets and bitcoin.Alternative coins do not give great advantages today, unfortunately.

Are you tired to wait for the bullrun? Don't you know if the bullrun probably happens in 2024-2025? People who know the market cycle every 4 years (bearish-bullrun cycle), must be patient to wait for the next bullish period. You don't need to do anything, just keep your coins in your wallets. As long as you buy good altcoins, you don't need to be worried about them. Anyway, if you want to invest your money, don't buy stable coins since it won't increase their values significantly. You are better to buy top altcoins such as BNB, ETH, DOT, SOL, Matic, etc.

[XwWnu]

Currently, the altcoin market can still be said to be bullish, many altcoins have recovered, the increase can be up to 200%,
yes, we really shouldn't be fomo when the market is still bearish, but this is a good opportunity to buy altcoins before they decline again

[Hundertmark]

This is not a great time to buy looking at the current market situation.But still it is a great time to buy some altcoins at a lower price before the bull market comes back.One can make huge profits investing in altcoins now but always invest only what you can afford to loose cause nobody can tell what will happen next.

I agree with your opinion. Now it is still in the bear market stage, and the turbulent market cannot stabilize. The consequences of investing in altcoins right now are unpredictable, and there may be huge profits in return, or they may fall quickly. My suggestion is to know more about it, and if you want to buy it, don't put it all in.

[Kadal Ijo]

Altcoins are always dynamic, if the majority of top ranking including bitcoin are red then there is a positive Altcoin market because the official number of Altcoins registered in the market is more than 20K, there is always an opportunity for profit so that I think the Altcoins market is always more interesting and profitable.

[Ararbermas]

Altcoins are always dynamic, if the majority of top ranking including bitcoin are red then there is a positive Altcoin market because the official number of Altcoins registered in the market is more than 20K, there is always an opportunity for profit so that I think the Altcoins market is always more interesting and profitable.

i don't think that will be a good perspective when there's a such situation in the market, i mean you can say it's positive. because as far as i know most altcoins are affected if those have big market cap is red also. So for me it's quite skeptical to jump in.. Where in much better to make TA so that you can get significant information about the current situation of alts in the market.

[masterrex]

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.

IMHO, I think this is a very difficult question to answer, regarding Polkadot price and the entire altcoin market, and honestly speaking crypto market works differently than we thought, the market volatility and the price movement are like mazes full of odds, thats why I'm pretty sure that there will be no precise answer regarding that question, and all we can do is just speculate base on our opinion. and I can say that it depends on the Polkadot development if the community has no solid support for the project it will easily break but so far Polkadot remains strong and stable so it has the continued backing from the community.   

[SparrowOnTheMoon]

I think there's huge greed in the altcoin market right now. Maybe it's not too late to buy now, but I will wait for correction, because current prices are too high for me, taking into account the crisis in the world.

[diminizio]

I think if you are still hesitant to enter it would be better to hold on to stable coins first than buying good coins in a hurry, maybe they can drop lower so we can buy the best price. Dot is good for the future, but the bear market does not see any good coins will be affected, as long as you are sure please try.

[Questat]

Well OP, I can't speculate more about altcoins but there is one thing I was sure of, and those potential coins that have used case will be able to survive while those useless/shitcoins will die.

I'd see this is very common, almost every day another project will be about to pop-ups and (might) scam people. That is why we should be careful and must be done research before investing - but I suggest just invest in known and potential coins while avoiding new projects unless it has the potential.

[kojektea]

We could go into DOT now, but if we are wiser during this bear market condition it might be better to be patient waiting for the price to drop or we can buy gradually from now on to the strongest support. We just have to believe in our own analysis because it's at your constant risk.

[Semar Mesem]

Of course the altcoins market is very interesting for us to follow, and we are happy that the development of altcoins is getting better, especially the presence of stable coins that make it easy for us to move assets so that we are not afraid of losing too much, before there is stable coins I always move assets to top coins like ETH, but due to market pressure, ETH also dropped.

[panjay]

a little rally here and there, but for the rest of the year, the sentiment is down only, after a small pump we will go down.


Source?
my feeling based on my investment

[tbterryboy]

Altcoins are always dynamic, if the majority of top ranking including bitcoin are red then there is a positive Altcoin market because the official number of Altcoins registered in the market is more than 20K, there is always an opportunity for profit so that I think the Altcoins market is always more interesting and profitable.

i don't think that will be a good perspective when there's a such situation in the market, i mean you can say it's positive. because as far as i know most altcoins are affected if those have big market cap is red also. So for me it's quite skeptical to jump in.. Where in much better to make TA so that you can get significant information about the current situation of alts in the market.

If you are sceptical about jumping into alts right now, then you will never be able to maximize your profits. The prices are low right now and that means that you will be able to profit from the current situation, that matters a lot.

But, if you are aiming at something that is a bit riskier, then you are going to end up with a bit of a problem because it would mean that you will buy it when going up, instead of going down like this. If you buy going up, then it means it could drop right afterwards and make you purchase at the top, but if you buy when it’s going down then you could buy at the bottom and it could go back up which would make you a lot more profit that way.

[kensaii]

I think that you need to make sure there were high-tier alts and low-tier alts. Never looks all of them the same as alts. From that point of view, divide your investment fund properly into the majority at high tier atls and the minority at low tier alts. Even in the bear market time, I'd only dare put my fund in good and high-tier alts.

[detroitlions]

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[cute nmp]

Altcoin market was good before when we were in the bull market now that the market is not bullish most altcoins are loosing their value day by day it is hard to make any huge profit buying and selling altcoins cause of the situation of the market. Let all hope things return to normal soon and the bear market will soon go away.

[S A KHAIR]

I think there's huge greed in the altcoin market right now. Maybe it's not too late to buy now, but I will wait for correction, because current prices are too high for me, taking into account the crisis in the world.

If you don't buy any altcoin when bitcoin is below 20k then you should stay out and wait for another correction to happen. Since the market has been having strong rallies in this month, buying now is riskier than it was two months ago when the market bottomed out.
The price can't be called high, but buying now is too risky.