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Author Topic: How high will altcoins fly?  (Read 720 times)
GideonGono
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May 16, 2024, 03:28:46 PM
 #81

No one knows how high crypto would fly, it is even hard to predict the movement of altcoins if they would pump up or drop down.
But I don't think that they would be left behind when Bitcoin fly high again.



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May 16, 2024, 04:20:39 PM
 #82


Because the marketcap is lower, that means that if someone buys a lot or sells a lot then the price could change wildly and a lot easier, of course when one person with a lot does this, others follow most of the time, or at least stop loss type of stuff gets activated, these all mean that we could see wild movements very quickly. This is why I believe that we can't really make it work all that easily, we should probably consider getting higher ranked coins so we can do a lot better with volatility.

It is about how bookies or whales manipulate prices to make a profit. Coins with a low marketcap are very easy to manipulate. But not all projects can be manipulated by whales because if there is no liquidity then it will be useless. But volatile markets will still occur and that's how markets work. Altcoins can fly very fast and we cannot predict how high an altcoin will fly. But altcoins are great for short-term projects and most of them are not suitable for long-term projects.
That's right, most whales try to bait users who don't know this by increasing the price. After someone enters at a certain amount, the whales will immediately sell quickly and make the price dump again. We can confirm that the price increase for Altcoins depends on the project they are developing. When this project is useful, the price of this altcoin will be easy to increase in price.

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May 16, 2024, 04:25:08 PM
 #83

Right now the price of every alt coin is within reach, you can invest in alt coin now if you want. Because when the bitcoin bull market starts, bitcoin will affect all alt coins as well. At that time bitcoin and altcoin every investors can earn a lot of money. So this moment is an opportunity to invest in alt coins and bitcoins, if you can utilize this opportunity then you can definitely earn good money. So if you can afford it then you can definitely invest, and remember that this investment must be for a long period of time otherwise it is better not to invest, because if you do not invest for a long period of time, the chances of getting returns from it are very low.

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May 16, 2024, 05:18:33 PM
 #84

No one knows how high crypto would fly, it is even hard to predict the movement of altcoins if they would pump up or drop down.
But I don't think that they would be left behind when Bitcoin fly high again.

Bitcoin hit $73k and altcoins were stagnant or were in one place though I am not saying that they won't increase in value and price but at the moment they are not moving and in cryptocurrency we use the past and the present to predict the future. The future of Altcoins is not really encouraging though there will light at the end of the tunnel. Altcoins will definitely go up but not now and it will still take some time to increase prices steady like bitcoin. And a long the line many will still die because the uses will reduce and they will lose investors.

So invest only on trusted altcoins and not shitcoins.









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May 16, 2024, 05:20:09 PM
 #85

Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as  the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
Definitely yes when the price of Bitcoin increase most altcoins will also fly to the moon.You just have to choose the altcoin that also skyrocketed during the previous bull moment.Bitcoin bull run has a great impact on altcoins, that's why most investors would want to extend their investment portfolio on altcoins that will increase in price in the next bull moment.Most altcoins are pump and dump and ponzi scheme,so an altcoin investor just have to invest on top altcoins that pump during the previous bull moment.

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May 16, 2024, 11:19:07 PM
 #86

Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as  the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
Definitely yes when the price of Bitcoin increase most altcoins will also fly to the moon.You just have to choose the altcoin that also skyrocketed during the previous bull moment.Bitcoin bull run has a great impact on altcoins, that's why most investors would want to extend their investment portfolio on altcoins that will increase in price in the next bull moment.Most altcoins are pump and dump and ponzi scheme,so an altcoin investor just have to invest on top altcoins that pump during the previous bull moment.

Only Bitcoin price is correlated with other coins, when Bitcoin price goes up all Altcoin price goes up. So we need to follow when the bull market starts and when the AD ends, before the bull run market the price of all the coins are under the control of the investors. So they should invest during such times and be patient for the next market upswing. Adopting such an approach can definitely benefit the most, as holding for short term is high in risk and high in benefit.

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