What happens to altcoins ?

[shinratensei_]

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.

thats it, the rule of thumbs in determining in which direction these altcoins will go could be foreseen simply just seeing the trend that bitcoin currently be having.
though sometimes altcoin didn't necessarily follows the trend, but we know the general idea of how the market sentiment currently is.
so if anyone really eager to invest then they should determine the sentiment towards the market and general trend so that they didn't make some really bad decision.
and after that losing some of their investment. knowing what most people currently interested in is the key.

[Desscount]

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.

thats it, the rule of thumbs in determining in which direction these altcoins will go could be foreseen simply just seeing the trend that bitcoin currently be having.
though sometimes altcoin didn't necessarily follows the trend, but we know the general idea of how the market sentiment currently is.
so if anyone really eager to invest then they should determine the sentiment towards the market and general trend so that they didn't make some really bad decision.
and after that losing some of their investment. knowing what most people currently interested in is the key.

That's how it is because until now Bitcoin is still the king of crypto and it is also a benchmark for altcoins,
it is important to keep abreast of market movements and with that at least it will help us in making decisions,
simply we need to know when to sell and buy.

[Andrija Branislav]

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.

If you pay attention to patterns of Altcoin price movements, they do tend to follow Bitcoin price movements. When Bitcoin experiences a price increase, altcoins often experience a similar increase and that is normal if i think. Yes. Because BTC is the father of all coins/tokens.

I think not only SRM, Poly, Waves went up 50% the others might also be able to go up as you mentioned if they were pumped hard by the whales.

[IvugeoEvolutionCoin]

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.

Before investing in altcoins one should check well and invest oneself cautiously. There are some altcoins which give good amount of profit. One should try to invest in such altcoins. If we invest money in wrong coins we  There is a lot of risk involved. So I think first of all we will invest in Bitcoin and then we will put some good in altcoins.

[waONE]

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.

Before investing in altcoins one should check well and invest oneself cautiously. There are some altcoins which give good amount of profit. One should try to invest in such altcoins. If we invest money in wrong coins we  There is a lot of risk involved. So I think first of all we will invest in Bitcoin and then we will put some good in altcoins.

It is already a risk if you buy altcoins and then experience a dump, because in altcoins the volatility is greater than Bitcoin,
so no wonder altcoin prices are now free falling and bottoming,
but that is why traders and investors love altcoins because bottom prices are a great opportunity to buy.

[Rupok]

The market is still in a bear market, so it is very risky to invest in Altcoin in a bear market. Bear market is always a long term investment, Altcoin is never a long term investment.I think bitcoin is best for long term investment. When Bitcoin can break its previous ATH, it might be a good time to invest in altcoins. Altcoin markets are actually more volatile, they go up a little and go down quickly.So comparing altcoins and bitcoins everyone will prefer bitcoin.  While Ultracoin offers good returns in a short period of time, there are also big losses.

[detroitlions]

Yes I did invest in neon link lately... Well if you ask me about the alt coin I'm pretty sure that there will be a bull run that's for sure
and let's wait till the end of summer, we'll see what the market will offer

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Thank you.

[justdimin]

The market is still in a bear market, so it is very risky to invest in Altcoin in a bear market. Bear market is always a long term investment, Altcoin is never a long term investment.I think bitcoin is best for long term investment. When Bitcoin can break its previous ATH, it might be a good time to invest in altcoins. Altcoin markets are actually more volatile, they go up a little and go down quickly.So comparing altcoins and bitcoins everyone will prefer bitcoin.  While Ultracoin offers good returns in a short period of time, there are also big losses.

I believe that it is not going to be that easy to decide between two different coins when we are talking about long term. Like for example ETH could be a good one for long term and even though it had a problem just recently with SEC, that doesn't change the fact that BNB is a good one as well. These type of things matter because in the end that is the way you make a profit, there is no other way.

Basically people love to check the whole altcoin box out, but that's not a good idea. I do like a few coins that can be very long term, over a decade long holding and those ones are as good as bitcoin to me. I still do have majority of my investment in bitcoin of course but I can't say that I have no other investment, I still have some there.

[Rampagoe004]

Yes. I invest in Altcoins. And I fully understand the risks. Altcoins are more volatile than BTC or ETH. But if you are lucky, you will also get a reward that is many times your investment in BTC or ETH. I have invested in ALtcoins but I also invest in BTC and ETH because I don't want to risk all my wealth in altcoins.

[Halime Anatolia]

The market is still in a bear market, so it is very risky to invest in Altcoin in a bear market. Bear market is always a long term investment, Altcoin is never a long term investment.I think bitcoin is best for long term investment. When Bitcoin can break its previous ATH, it might be a good time to invest in altcoins.

Right, Now Prices have started to recover, and improve. Altcoins for sure they follow the movement of BTC. of course Asset diversification is a must, And for those who are new to the market even though it already exists and can afford to buy BTC it's best not to sell coins especially those that are already fundamental and share them with other coins, especially potential coins Like BTC and ETH So, for example, you resell everything You buy to return it to its original state.

Altcoin markets are actually more volatile, they go up a little and go down quickly.So comparing altcoins and bitcoins everyone will prefer bitcoin.  While Ultracoin offers good returns in a short period of time, there are also big losses.

Well, this is where a mature mindset is needed before making a decision. I have an optimistic view of the (bullish) market, but am waiting for confirmation with a daily close above the $30,041 BTC level before entering the market again.

[waONE]

Altcoins are only experiencing corrections, there's nothing to worry about about the altcoin market,
because the market cap of altcoins is currently very low, I could even call it a bottom.
the Bitcoin price is currently consolidating in the $30k area, I hope that we as investors and traders must know the conditions,
because we all know that this area is quite dangerous, if Bitcoin is able to survive and break $31k then we are safe,
but if Bitcoin don't hang on and fall below $30k again then we are in danger.

[rony01941]

You chosen two good coins BTC,ETH both of great project just you have to continue to holding. Now your loss in ETH, because it's bear market i think ETH will able to quick recover so don't panic. And i don't want to suggest you to invest in new coins due to downtrend market it's too risk.

[NNRR]

If you look at the history of the last few years, you will understand that the movement of alt coins also depends on the movement of bitcoin, because when bitcoin increases, alt coins decrease in many cases, and when alt coins increase, it also increases. It completely depends on the market sentiment.  Then it will increase so then Bear is running so should invest in alt coin and come out with good profit.

[wtsimis]

You bought Ethereum for $2100 to have $30k in Bitcoin. Current market price of Bitcoin is $30K and ETH is $1860. I think you are close to your price point. Current market conditions are still recovering. But sometimes the price goes down. Portfolio wise should balance between bitcoin and altcoin due to which we face more than 90% loss. However, if Bitcoin takes a bull market, altcoins will experience the same trend immediately. Sometimes the market goes down because there is no regulator of Bitcoin so the price of Bitcoin goes up and down due to different news from big global companies and individuals. Since you have invested in Ethereum May I would say you should be patient you will definitely get good results. And be careful when investing in smaller tokens such as memecoins as expecting too many quick gains can put you at risk. But investing in Bitcoin and Ethereum has the potential to restore your wealth.

[Tomcolor]

You can't change the altcoins market even if you want so it's foolish to think when the bull market will start. You should buy good tokens and spend less money. You buy currency at a low price and sell it at a high price. Then you will always be inside the profit and will be removed from your head when the green market will come.

[MiF]

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.

It is wise to invest in altcoins i also buying altcoins and it doesn't disappoint me i earn on it, maybe you are not lucky with the altcoin you pick, because there are so many altcoins and the most important is how we select or how we pick it and choose it to earn not all of them can give us profit so choose the best altcoins gor good.

[Blitzboy]

You bought Ethereum for $2100 to have $30k in Bitcoin. Current market price of Bitcoin is $30K and ETH is $1860. I think you are close to your price point. Current market conditions are still recovering. But sometimes the price goes down. Portfolio wise should balance between bitcoin and altcoin due to which we face more than 90% loss. However, if Bitcoin takes a bull market, altcoins will experience the same trend immediately. Sometimes the market goes down because there is no regulator of Bitcoin so the price of Bitcoin goes up and down due to different news from big global companies and individuals. Since you have invested in Ethereum May I would say you should be patient you will definitely get good results. And be careful when investing in smaller tokens such as memecoins as expecting too many quick gains can put you at risk. But investing in Bitcoin and Ethereum has the potential to restore your wealth.

After falling, there's a sense of relaxation. Im a big Bitcoin fan, but its potential and market influence are huge. Bitcoin sneezes, altcoins become sick.

I like Ethereum as an investment. Technology and community-driven activities distinguish it. Patience is necessary. Marathon, not 100m. Waiting, watching, and acting with pensive optimism has helped me in crypto.

Memecoins - "the wild cards of the crypto world" - can be risky investments. Where caution meets defiance. I only risk what I can lose. My taste always drives me to Bitcoin and Ethereum. They've helped recover wealth better than traditional markets.

[khiholangkang]

Yes. I invest in Altcoins. And I fully understand the risks. Altcoins are more volatile than BTC or ETH. But if you are lucky, you will also get a reward that is many times your investment in BTC or ETH. I have invested in ALtcoins but I also invest in BTC and ETH because I don't want to risk all my wealth in altcoins.

In this situation, one cannot just stand by on bitcoin, there needs to be diversification of assets in altcoins, I understand very well what you are doing, of course maybe bitcoin has to be bigger than altcoins, logic like that has to be instilled because it offsets the risk of project investment altcoin, even if we are lucky to find an altcoin project that greatly increases in the bull run later, it is luck that will make your portfolio increase as well, but even if things are bad you can still profit from bitcoin or at least profits from bitcoin can cover the losses we invest in altcoins.
Sometimes taking more risks we need to take to increase the possibility.

[Zee27]

Yes, I did invest in altcoins. I recently bought BMTC shortly after its listing on Bitget particularly because I had the intentions of participating in an ongoing event on the exchange. My thoughts about altcoins is almost similar to everyone's opinion here. It is really volatile but I personally think they're worth investing in as most of them can offer quick returns on investment. I'm a big risk taker tho, lol. NFA.

Yes. I invest in Altcoins. And I fully understand the risks. Altcoins are more volatile than BTC or ETH. But if you are lucky, you will also get a reward that is many times your investment in BTC or ETH. I have invested in ALtcoins but I also invest in BTC and ETH because I don't want to risk all my wealth in altcoins.

In this situation, one cannot just stand by on bitcoin, there needs to be diversification of assets in altcoins, I understand very well what you are doing, of course maybe bitcoin has to be bigger than altcoins, logic like that has to be instilled because it offsets the risk of project investment altcoin, even if we are lucky to find an altcoin project that greatly increases in the bull run later, it is luck that will make your portfolio increase as well, but even if things are bad you can still profit from bitcoin or at least profits from bitcoin can cover the losses we invest in altcoins.
Sometimes taking more risks we need to take to increase the possibility.

I believe that when investing in altcoins, diversification of portfolio is key. One needs to spread out and not put all their investment into one single project for obvious reasons.