What happens to altcoins ?

[Mehedi72]

Don't be panic, your shares can still considered as good. I think you already knew that this bear marekt before buy? Altcoins are always volatile durning this time. So there's possibility that market will go down anytime cause nobody can predict what will happen in next. And for investment ideas, i think you can buy some potential coins now cause you can afford those with low price

[SirLancelot]

I feel your pain, I also bought some Bitcoin and ETH at higher prices and now I’m waiting for them to recover. The altcoin market is very volatile and unpredictable, especially in a bearish trend. Some altcoins may have strong fundamentals and innovative features, but they are still affected by the overall sentiment and demand of the crypto market.

You do not really have too much of a choice but to keep waiting, I know this is not precisely the most comfortable position to be in but if you are able to endure it then sooner or later you will breakeven and then your problem holding your coins will disappear almost immediately, still this does not mean that you can idle away and do nothing, you could try some DCA and lower the price at which you bought your coins if you still have some cash on hand so you can breakeven as soon as possible.

New investors tend to not invest more money once they have bought some and are seeing them in negative still, they can only believe in the market and buy more if they see themselves getting some profit out of their previous purchases, so a person who has bought at a higher price will hardly buy more when the price is down if they are either new or out of funds.

It is basically a good way to accumulate more coins when the price is low so that you can have a much better average buying price and you can even get some profits if you sell the coins you've bought later even if the price didn't reach the target where you've bought your first coins.

[Xal0lex]

The fate of altcoins largely depends on their ability to solve real-world problems, attract user interest, and adapt to changing market conditions. As the cryptocurrency ecosystem continues to evolve, altcoins will continue to face challenges and opportunities, shaping their individual paths in the ever-changing landscape of digital currencies.

No, the fate of altcoins, first of all, depends on whether this altcoin will be found vulnerable or not. If not, it will live, if found, it will die, no matter how top-notch the altcoin is. Also, a lot of the fate of altcoins depends on market makers and speculators. If it is interesting to attract liquidity, this altcoin will show us up and down, but if the big players want to leave this project, more than likely, this altcoin will die or will show its market movement deep at the bottom and never show impressive growth again.

[Desscount]

What happened to Altcoins this year was really terrible, many of the altcoins experienced dumps of more than -80% and recovery has not occurred,
yes this incident is the same as in 2018 and for me this is my worst year, moreover, good news does not have a positive effect on the market,
but bad news makes the market really sad, yes its Dump happens.

[Halime Anatolia]

Don't be panic, your shares can still considered as good. I think you already knew that this bear marekt before buy? Altcoins are always volatile durning this time. So there's possibility that market will go down anytime cause nobody can predict what will happen in next. And for investment ideas, i think you can buy some potential coins now cause you can afford those with low price

Yes, Altcoins are cryptocurrencies besides Bitcoin and Altcoins can be more unpredictable and their prices can change a lot. Currently, the market is down. Yes. right now it's good to invest and right now the price is low as you said. However, investing in altcoins can be risky, so it's important to do your research and understand the market before making a decision.

[huu78]

not always investing in bad bitcoins, bad altcoins because some projects do have a bad image and cause bad effects on other altcoins too.
eth and other altcoins are having a great impact on crypto.

[BitcoinBabbler]

not always investing in bad bitcoins, bad altcoins because some projects do have a bad image and cause bad effects on other altcoins too.
eth and other altcoins are having a great impact on crypto.

Some altcoins have thrived and established themselves as significant players in the cryptocurrency market, gaining popularity and widespread adoption. These altcoins have proven to have unique features, innovative technologies, or specific use cases that differentiate them from Bitcoin, the most well-known cryptocurrency. no matter how top-notch the altcoin is. Also, a lot of the fate of altcoins depends on market makers and speculators.

[Godday]

Of course I still invest in Altcoins. Currently, the trend is bearish, so there's no harm in trying to invest there. Maybe the price of all coins is low but can't we see it as a big discount? I'm not trying to say that the option of investing in Altcoins is the best option, but isn't it better to invest in Altcoins during a bearish season like this?

[arufox]

The performance of the altcoin market recently has not been positive. But you don't need to panic when you see altcoin prices going down especially when the market is in a bearish trend. However, rest assured that the crypto market will improve again and a bullish phase will occur soon. Therefore, it is better for you to hold on to your assets and wait until the market is really bullish, only then can you sell them for a profit.

[WalkerIVIV]

Of course I still invest in Altcoins. Currently, the trend is bearish, so there's no harm in trying to invest there. Maybe the price of all coins is low but can't we see it as a big discount? I'm not trying to say that the option of investing in Altcoins is the best option, but isn't it better to invest in Altcoins during a bearish season like this?

that's true, but current bearish is different, there are lawsuits, the price could change drastically because of that, it's like catching falling knives, but i agree though that most altcoins
are currently discounted heavily. those with capital definitely feel free to accumulate.

[monineklutak]

The performance of the altcoin market recently has not been positive. But you don't need to panic when you see altcoin prices going down especially when the market is in a bearish trend. However, rest assured that the crypto market will improve again and a bullish phase will occur soon. Therefore, it is better for you to hold on to your assets and wait until the market is really bullish, only then can you sell them for a profit.

Panic is a natural thing because panic can also get us out of a hard dump like what happened, but we also have to know technical analysis,
panic sell with technicals that will make our investments safe and maybe we can quickly recover from the bear market.
with the right strategy then we will succeed.

[Games.Bitcoin]

Although Bitcoin is considered the king of cryptocurrencies. Yet other currencies offer customers better in terms of features and functionality. Altcoins depend on market trends and are influenced by various factors, including technological advancements and investor sentiment. However, some altcoins have established themselves by experiencing considerable growth and success. But currently the altcoin market is very volatile and many investors are losing.

[FahriZah]

Anybody don,t know what will be happening with alts coins because it’s crypto and anyone not management the crypto market pumping / dumping but we can hope very soon altcoins going soon moon with us.

[ningrum]

Anybody don,t know what will be happening with alts coins because it’s crypto and anyone not management the crypto market pumping / dumping but we can hope very soon altcoins going soon moon with us.

That will definitely happen if we want to hold the altcoins that have been purchased,
of course, avoid the panic sell that is happening now because most likely it is a bear trap,
where whales want to buy altcoins at low prices.

[Nrcewker]

When there is a bear market, the whole market goes down. Most of the altcoins follow the Bitcoins, so whichever direction it goes, the rest of the altcoins also follow it. But as you have mentioned, Bitcoin didn’t fall as badly as the other alts because its market cap and popularity are very high. When people see the price coming down, they instantly buy the coin, increasing the demand to acquire Bitcoins. So the price goes up again. But in the case of altcoins, this popularity and buying factor doesn’t work, and hence they are in the red most of the time.

[umbara ardian]

There are notable downsides to buying altcoins. Due to the sheer number of them, it's hard to pick out the best altcoins to invest in. Altcoins with greater risk and many smaller altcoins are dubious or fraudulent investments. But altcoins are still worth a try for crypto investors willing to do their homework. If you are looking for a less risky or less time-consuming investment, then crypto stocks are a better way to go. Remember that too much risk should not be taken, so even if an investor decides to buy altcoins, they should only make up a small portion of your portfolio.

[$crypto$]

When there is a bear market, the whole market goes down. Most of the altcoins follow the Bitcoins, so whichever direction it goes, the rest of the altcoins also follow it. But as you have mentioned, Bitcoin didn’t fall as badly as the other alts because its market cap and popularity are very high. When people see the price coming down, they instantly buy the coin, increasing the demand to acquire Bitcoins. So the price goes up again. But in the case of altcoins, this popularity and buying factor doesn’t work, and hence they are in the red most of the time.

Market movements will of course follow the direction of bitcoin and recently after bitcoin has increased, altcoins have followed the market to turn green as a result of the bitcoin trend which is becoming positive.

I always distinguish between bitcoin and altcoins in terms of movement because altcoins from a decline there are those who dispose of it so that the token cannot go up anymore but for bitcoin with a decline, it is overwritten by negative news that wants low prices meaning waiting for other investors to panic and after the price drops they are spreading FUD will buy bitcoin.

[cryptodude]

As a rule, we are often confused about where to invest. In altcoins or Bitcoin? Although many experienced people say not to invest in altcoins until the bull run starts. Because altcoins don't rise much before the bull run starts. Then there is very little fear of losing wealth if you invest in Bitcoin. Investing in altcoins without considering the market and not understanding the current situation has a high chance of losing wealth and can completely wipe out your wealth with the promise of quick profits. So before investing you must have adequate understanding of the market.

[Raflesia]

As a rule, we are often confused about where to invest. In altcoins or Bitcoin? Although many experienced people say not to invest in altcoins until the bull run starts. Because altcoins don't rise much before the bull run starts. Then there is very little fear of losing wealth if you invest in Bitcoin. Investing in altcoins without considering the market and not understanding the current situation has a high chance of losing wealth and can completely wipe out your wealth with the promise of quick profits. So before investing you must have adequate understanding of the market.

Actually, this depends on the person because for me personally I don't find it confusing, especially when looking at the comparison of altcoins and bitcoins, it's clear that you don't need to worry about this because the main choice is definitely bitcoin.
What makes you confused is when you don't have deep beliefs about your choice which makes you feel like this is very difficult to do because you still expect big profits in altcoins but on the other hand you are afraid of the consequences of big losses there too.
I personally still make bitcoin the first choice because it is something that will definitely happen regardless of anything, bitcoin is always the main thing for now, whatever the reason.

Indeed, altcoin returns are bigger, but we are aware that losses when bitcoin experiences a correction, altcoins will bleed again in the end, which will make you lose even more and more.

[GelatikKembar]

Altcoins only follow the price movement of Bitcoin, if Bitcoin pumps like now which reaches $ 31k altcoins also experience pumps,
and even some altcoins such as SRM, Poly, Waves go up 50% more, if you want to see the situation from altcoins,
of course the first thing we see is the price Bitcoin, so be careful when buying altcoins during a bitcoin price dump.