What happens to altcoins ?

[ichsan ardi]

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.

investing in altcoins is indeed wise but in bitcoin it is wiser because in my opinion altcoins are better at building our personal wealth by getting 10x more profits than altcoins, it could be different from bitcoin bitcoin is more suitable for maintaining our wealth even though the increase is not significant every day but bitcoin at least maintain the value of our money, even when I see bitcoin, I don't see the price anymore, one bitcoin, yes, one bitcoin, because there are only 21 million bitcoins in the world, you can't add any more or less, that's why I'm crazy about bitcoin, I'm sure bitcoin is the future of currency

[Tipstar]

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.

Personally I believe altcoins are a better alternative. They are capable of bringing your larger profits if you made the right choices and decisions.
Altcoins have and could have multiple of uses and can be widely adopted around the world. They are faster and cheaper to transact.
Tried transacting bitcoin this morning and the suggested fees were $14 from my wallet. And diversification is a must when you invest. You can keep a large bitcoin stash but never grow it over 50% of your fiat equivalent.

[Samurai trieng]

In my opinion, atlcoin could be the best alternative for investment, both long and short term, because apart from many of the prices being still affordable, altcoin also has a big chance of rising 5x or even 10x during the bull run, of course altcoin will provide bigger profits compared to BTC, even though investing in BTC is something very promising,

[Bushdark]

In the recent past, I have seen some sales of NFTs, even over one million dollars, so while I am not a pessimist on any coin in the space, I wanted to find out if people in the forum gave the coin a chance and how many people thought they would be able to hold it and try it out?

Many of the altcoins we have in the market are still loading and waiting for the bull run to commence before the big move will start.
We just need to hold we strong altcoins that we are more convinced they would give us good profits as investor when the bull finally comes. There are different ways we can determine what coin what it and the coin that do not worth it. We just have to be prepared and do diligent research before we out our money on any altcoins of our choice.

[GreenStox]

okay if you bought bitcoin and eth at that time, now the price has gone up again and I think you have calmed down a bit, if you were holding it, I know if you were holding a large enough amount you should be calm.
unlike someone who just bought a coin and panics when the value of the money decreases.

[Essential10]

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.

There are many people who bought altcoins like bitcoin or ethereum I think they should be patient because you invest today and you don't get results the next day. The amount you bought bitcoin and ethereum with, if you hold it till now, you will get more can be optimistic more in the future. I think some altcoins like bitcoin and ethereum are long term investments. Some alt coins can be a potentially smart investment but most alt coins show a bleak picture. Anything can happen at any time in alt coin investing. Therefore, you should make your own personal decision on investing in altcoins.

[Dr.Osh]

basically the price of altcoins always follows the price of bitcoin. If you buy bitcoin fractions at $30k and ETH at $2100, then now you have made a profit if you are patient. That's what investing in crypto is like. If you patiently hold onto the assets you have, and collect them little by little, then you might be able to get big profits. Remember that altcoin trends always follow bitcoin, if the price of the altcoin you are holding decreases, then something has happened, immediately check the community, or existing information, and make a decision whether you will sell it or continue holding it.

[GlacierBIT]

okay if you bought bitcoin and eth at that time, now the price has gone up again and I think you have calmed down a bit, if you were holding it, I know if you were holding a large enough amount you should be calm.
unlike someone who just bought a coin and panics when the value of the money decreases.

I agree with your point of view, panic in our business only interferes, initially there must be a confident approach to investing. It is important to consider your investment goals, if you are investing for the long term, then such moments will always fray your nerves, you will have to come to terms with it, otherwise emotional reactions will lead to unfavorable results.

[fzkto]

okay if you bought bitcoin and eth at that time, now the price has gone up again and I think you have calmed down a bit, if you were holding it, I know if you were holding a large enough amount you should be calm.
unlike someone who just bought a coin and panics when the value of the money decreases.

I agree with your point of view, panic in our business only interferes, initially there must be a confident approach to investing. It is important to consider your investment goals, if you are investing for the long term, then such moments will always fray your nerves, you will have to come to terms with it, otherwise emotional reactions will lead to unfavorable results.

The main rule in investing should be, don't risk money that you can't lose, that is, money that you may need at any moment. If you have the opportunity to just buy cryptocurrency at the bottom and not think about it for a while, it will bring profit for you. The main thing is to choose time-tested projects rather than meme coins.

[DeathAngel]

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.

First of all you would know be in significant profit if you had hodled from the price that you bought in at. Bitcoin is the apex predator of finance, an absolute beast. Over time it increases in price, it is what it is. Most people don’t have the balls to hodl when it is down but those that do are rewarded. Secondly the altcoin market usually follows Bitcoin but with a lag. Overall just buy & have conviction, it might he tough at times but time in the market usually means nice profit (if the coin is legit & not a rugpull).

[arjunmujay]

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.

First of all you would know be in significant profit if you had hodled from the price that you bought in at. Bitcoin is the apex predator of finance, an absolute beast. Over time it increases in price, it is what it is. Most people don’t have the balls to hodl when it is down but those that do are rewarded. Secondly the altcoin market usually follows Bitcoin but with a lag. Overall just buy & have conviction, it might he tough at times but time in the market usually means nice profit (if the coin is legit & not a rugpull).

right as @DeathAngel said have bitcoin even a little because the price of bitcoin continues to increase every year. so no need to think about the ups and downs of prices in the short term.
for altcoins themselves, I prefer to own ethereum, there are indeed a lot of competitors from ethereum, but not all of its competitors can outperform or even equal ethereum. until now it is still the number 2 crypto and very worth having in the long run.
I myself only have bitcoin and ethereum in my portfolio. but future plans will break down again to other altcoins that have good potential.

[MFahad]

People often don't have enough self-control to keep holding their assets when the market is going down, and this is specifically for new investors because they lack knowledge and experience about the market and as soon as they see their portfolio losing value, they think they are losing their money because they don't know that the market, especially Bitcoin, recovers even if it drops significantly, it might take some time but it does recover its price eventually.

Those that invest in altcoins do need to have such feelings though, because a lot of altcoins and altcoins projects don't always perform up to the expectations of the investors, and one needs to be careful about what tokens and coins they are holding and when they need to sell them back to stay safe from incurring high losses

[|MINER|]

Altcoins have no guarantees.  Investing in altcoins without hesitation would be foolish.  There is no hope for altcoins. I would say to wait patiently for the bull run.  Hopefully the price of BTC will go up again.  But maybe it will take time. I will not agree to invest in altcoin. You can invest but check a little.

[AnonBitCoiner]

If you have bought bitcoin at the price of 30k$ and still you have hold it then now you will be in great profit and I will suggest that hold it until Bull market appears because your profit will increase more than current worth. Ethereum is also increased from your buying price and it is appreciable that you have hold both the top coins.

As you are asking about altcoins then they can give profit to its users but it can take time to get profit and if you hold some top altcoins then there is a possibility that you earn well from it. If you have hold bitcoin and Ethereum then continue this holding and also diversify your investment through investment of little sum in other altcoins like Matic and Solana as market will become green very soon.

[GlacierBIT]

Altcoins have no guarantees.  Investing in altcoins without hesitation would be foolish.  There is no hope for altcoins. I would say to wait patiently for the bull run.  Hopefully the price of BTC will go up again.  But maybe it will take time. I will not agree to invest in altcoin. You can invest but check a little.

It is necessary to prepare for bullish growth gradually, those who take the place earlier by purchasing a certain number of altcoins will remain in the most advantageous situation. You should not be categorical about altcoins, because they are a development of the crypto industry, expanding its capabilities. Any altcoin recognized by the community can reach the top cryptocurrencies.

[Luffygroove]

Some people see it as a chance. So it actually depends on our perspective. Some people love the high volatility; therefore, they love this kind of altcoin situation. If you don't like it, probably investing in altcoins is not for you. For me, because I don't do short-term trading (it makes my head ache) and I love the more stable and secure ones, then I tend to invest in Bitcoin or find long-term altcoins to invest in.

[idarasun]

If you have bought bitcoin at the price of 30k$ and still you have hold it then now you will be in great profit and I will suggest that hold it until Bull market appears because your profit will increase more than current worth. Ethereum is also increased from your buying price and it is appreciable that you have hold both the top coins.

As you are asking about altcoins then they can give profit to its users but it can take time to get profit and if you hold some top altcoins then there is a possibility that you earn well from it. If you have hold bitcoin and Ethereum then continue this holding and also diversify your investment through investment of little sum in other altcoins like Matic and Solana as market will become green very soon.

In some cases, this may be the case but it is rare because some of them are caught in a situation where the economy is down, and are forced to sell at an inopportune time.

[Romeotom]

This market is not a reason to despair but rather gives you an opportunity to mix and match the best altcoins to buy and hold. Everyone wants to catch such a market before the bull market comes. You cannot mix the price of altcoins with the price of bitcoin. It's smart to buy altcoins before the bull market hits and may soon go to the moon. Many of the best altcoins you've seen are priced low and you'll never find a bigger opportunity.

[trendcoin]

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.

Your portfolio is solid enough that you don't have to worry. Bitcoin and Ethereum will live longer than us in this world. Of course, I don't want to give investment advice, but you can also bequeath these coins to your children... Bitcoin will always be the determinant of this market. Ethereum will continue to serve as the launch pad for altcoins for many years to come... Prices will fluctuate, of course. Price fluctuation is the nature of every commodity. It's the nature of gold. It's the nature of Bitcoin. It's even the nature of the potato we buy in the market...

[NewRanger]

This market is not a reason to despair but rather gives you an opportunity to mix and match the best altcoins to buy and hold. Everyone wants to catch such a market before the bull market comes. You cannot mix the price of altcoins with the price of bitcoin. It's smart to buy altcoins before the bull market hits and may soon go to the moon. Many of the best altcoins you've seen are priced low and you'll never find a bigger opportunity.

One more thing to remember is that if we make trends our friends, it's not easy. Many traders cannot survive and fail in their trading mostly they make mistakes in identifying trends. Trends are very important for every trader. By studying and practicing slowly we will understand which trends are running now. Volatility is also the reason why we make mistakes in determining trends.

There are two types of trends that we should study, and it would be helpful if we could differentiate them. The first is the major trend, it can identify in the daily time range and minor trends which usually occur on daily tf such as 1 hour 4 hours. When we can identify the majors and minors I am confident we will survive.