What happens to altcoins ?

[irsykes]

Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.

if you run out of money you are only left investing in altcoins it is up to you to sell or hold on until it returns to a high price. but if you still have money to survive or have a real job, better not sell it now. because the time is near to see green market. yes, that's a risk that must be accepted, in June or July, maybe there will be potential for altcoins.

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[Ziskinberg]

Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.

We can't deny that altcoins, especially meme coins these days are very hot and hyping. We can say people are making money from this situation but can't ignore the risk and losses that awaits them. Now, if you care about at least a safe investment, it is better to avoid this kind of project rather than focus on Bitcoin. Though it was not profitable short term but can be more profitable in the long run. You don't need to doubt the current situation as dumps are inevitable in the market. Might you see altcoins are pumping these days but someday, it possibly drops more.

[davide72]

Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.

if you have bought and have fallen in price, keep it for a couple of years and you will see that you will also make a profit, you just have to be patient to wait. 2024-25 will be the start of the new bullrun.

[Accardo]

Only few buyers hold altcoins for long term profits, they don't trust the process. Unlike bitcoin, buyers can hold continuously not minding the market situation. Some altcoins can go down to zero from $15 during a bear market. So, investors find it difficult to throw in money into such coins. Hence, coins like litecoin is holding tight during this market down trend and increases alongside the bitcoin price. Other new coins with lesser market cap may not survive like the older and experienced coins; encountered multiple market changes. Bulk buying altcoins and holding them is very risky.

[poodle63]

if you have bought and have fallen in price, keep it for a couple of years and you will see that you will also make a profit, you just have to be patient to wait. 2024-25 will be the start of the new bullrun.

Let's see how patience he was waiting for the bullish trend to come. I have been also facing the same situatiion like him but i do believe if the bullish trend will come after halving. Anyone who are in floating lose must be fully patience waiting for the bullish trend to come as soon as possible. It will be coming again very soon. I hope that we will not missing the next train.

[Silberman]

if you have bought and have fallen in price, keep it for a couple of years and you will see that you will also make a profit, you just have to be patient to wait. 2024-25 will be the start of the new bullrun.

Let's see how patience he was waiting for the bullish trend to come. I have been also facing the same situatiion like him but i do believe if the bullish trend will come after halving. Anyone who are in floating lose must be fully patience waiting for the bullish trend to come as soon as possible. It will be coming again very soon. I hope that we will not missing the next train.

The OP invested in good coins so at least they do not have the problems other forum members have, like those which invested in meme coins and now they are suffering huge losses, however everything depends on their ability to hold their coins even when the market moves against them, something which if we are honest it can be really difficult, as only once you have gotten enough experience you can deal with those movements without too much of a problem.

[Magic-Money]

Nothing happened to alt-coins, just that everything in life has session, which is the session of investment has been approached to buy and hold for a specific period of time and sell, so the Bear market has affected almost all alt-coins to be cheap to buy as Bitcoin has dropped below $30k, therefore it's time to invest more without reason it twice, because alt-coins in cryptocurrency market we soon recovered.

[awik p]

if the altcoin you choose is ethereum I think it is a wise choice to invest, especially if you also choose bitcoin to invest, of course you just have to be patient to wait for the bullish season to come. altcoins will provide greater profits but also have greater risks as well considering the higher price fluctuations. As long as you don't invest in new projects, I don't think you're doing anything wrong even though it's still a floating minus, from your presentation, do you invest only at one price, because it would be better if you buy it in stages

[Victorik]

The market is still bearish and a lot of altcoins may not survive it, that's why it is a very risky venture investing in altcoins. Some altcoins have no utility whatsoever and only relying on the community to push it.

[fzkto]

Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.

History repeats itself. If you are unsuccessful in buying bitcoin, the best thing for you to do is just hold on to your coins until the next cycle, when cryptocurrencies start to rise again. Believe me, you are not the only person worried about this. Altcoins really aren't the best option for you if you're that worried. Just keep bitcoin and you'll be fine.

[dlightag]

The period of the cryptocurrency market is facing are incredible in the sense that Bitcoin price is ranging in a closed price difference, while the alt-coins are in a very high volatility, mostly in meme Coin, even in the Bear market PEPE Coin make a wonders in the cryptocurrency market and also been listed in top one cryptocurrency exchange market platform.

[gaston castano]

Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.

the altcoin market will continue to follow the btc price, so if btc is in a downturn, and some altcoins experience an increase it won't last long because it will decrease again due to a bad market.

[riskarcher]

During inflation and the world economic crisis, Of coure this is would be affects on Altcoin especially this is a bearish market moment, don't care too much about the price as long as the coin has clear utility and fundemental, so long-term investing is the right solution for now. BTC is indeed the safest investment solution but compared to altcoins when the bullrun will increase 10-100x profits. Keep support to altcoins with new Innovation like Web3 and AI it will be new trend in the future of Cryptocurrency

[Humility4sure]

Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.

One of the skills that is required to flourish in this industry is emotional and mental health management. The market is volatile in nature and as such there would always be movements and you have to either overlook the movements or understand that it's a feature of the market. Investing in bitcoin or ethereum is a good idea from my perspective, but you need to be willing to wait for your trades to be profitable.

[carrie_white]

there are so many causes for the crypto market to go bad, especially when the economic crisis and war issues hit, the market experienced its lowest point at that time, but not all altcoins were destroyed, there were still some altcoins that really dominated at that time, but bitcoin remains the safest coin to invest at that time

[israt1@]

According to the current market it is better not to go to your alt coin. You invest in bitcoin and you can expect to benefit from it. An alt coin goes up in the market for a few days. Then it goes down for a few days, it goes down to the minimum, it never goes up. There are many such tokens in the market so it is better not to go for alt coins

[jacafbiz]

Most of these Altcoins are pump and dump, and since the market is just recovering from the bear market I don't see incentives for the Altcoins to sustain their price, also most of these projects play a waiting game they want to wait till the market condition is good for them to release any positive news that they have, so as to pump their tokens. I think the time to just blindly buy any Altcoins and wait for the price to pump is gone, one needs to be very careful not to turn into an eternal bagholder

[Aliem Nur]

there are still many altcoins that haven't performed well this year because the altcoin season hasn't come yet,
and altcoins fell sharply, almost -90% from ATH, indeed because the price of Bitcoin fell deeply.
and yeah I miss it when altcoin bull because I've lost the opportunity to achieve my dream.

[ifarted]

there are still many altcoins that haven't performed well this year because the altcoin season hasn't come yet,
and altcoins fell sharply, almost -90% from ATH, indeed because the price of Bitcoin fell deeply.
and yeah I miss it when altcoin bull because I've lost the opportunity to achieve my dream.

That's because altcoins depends on Bitcoin's price so if BTC price increase then the altcoins will also increase just like BTC reaching its new ATH and after that altcoins also reached its new ATH. That's common knowledge for everyone who are into cryptocurrency.

[lalabotax]

Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices.

What is your goal of investing in Bitcoin and ETH or those altcoins? Is it only for short term? If so, then indeed the price of crypto will always be volatile and because this is still a bearish period, the market will very easily drop quickly. But if you want it and you don't have a problem with the long term, then you don't need to worry too much. Because there is still time to wait for the bullish era after the halving. Hopefully the bullish season will really come again. And as long as the coins you choose are very valuable and worthy coins like BTC and ETJ, I don't think you need to worry.