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Author Topic: Are the Altcoins Going to Dip in Short Term?  (Read 507 times)
GreatArkansas
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April 08, 2024, 03:07:49 AM
 #61

Nobody knows this for sure.  What I can tell ypu is that at some point we will probably see a parabolic rise with the market.  Not sure which coins will go the most but it happens every cycle and we haven't seen it yet.  So with that being said I wouldn't be scared of a pullback and actually would welcome it.  Cost average in when it comes down and be ready for the real bull to kick in
Yep, there are already a lot of altcoins these days and no one knows what altcoin will go pump or dump. There are already a lot of different bases, like some token unlocks, some fud to different altcoins, or some big updates from different projects.
Some also are pumping or dumping because of manipulation.

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April 09, 2024, 06:17:48 AM
 #62

Many altcoins move in similar direction to BTC, if BTC experiences a DIP other altcoins also experience a DIP, and when it goes up altcoins follow similar directions, recently many altcoins have experienced a DIP in what has been a very tough year for them , the altcoins are already experiencing more DIP recently ,
And the delaying of the US SEC on the approval of a the ETF will also affect the DIP of altcoins.
Investors of altcoins are already selling it, BTc is able to maintain its value.
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April 09, 2024, 06:48:53 AM
 #63

For top altcoins, we can decide to hold a longer time when it is not profitable to sell now. However, if it is for shitcoins, you sometimes need to sell for loss because if you are holding for a longer time, you will end up with losing all the money.
Top altcoins are also quite risky if Bitcoin is unstable or Bitcoin dominance increases. If it is to hold long term, you should really pay attention to the top Altcoins, and use your cash reserves to buy when the crash suddenly comes. I also buy some shitcoins sat presale and sell them when they list, never hold a shitcoin any longer because it will go down like crazy.

so far top altcoin always move based on what bitcoin is gonna do next, if it pumps then it pumps if it dumps the opposite scenario happen, if the market is just as obvious as that, i don't think i can call it risky, i would say its risky if it venture in different path compared to bitcoin only then investing in it will be risky even more so if the altcoin is going toward the direction of bearish on its own disregarding bitcoin price movement probably caused by certain event happened toward the project such as some incident and so on, as long as coin just following bitcoin path anyway, i have no problem with it at all,certainly at some point it will recover back, in the market of bullish, i'm even more assured if the coin just follow bitcoin's path, at least that way its more easier to predict the price movement.
though if you see in the market despite the price correction that now have recovered anyway, certain coin are gaining some massive gain like ena and wormhole, these are just examples, though they are not top altcoin.

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April 09, 2024, 08:42:28 AM
 #64

If you look at the market you will understand that not all altcoins are the same. There are many good altcoins that can provide good longterm growth. It will be easy to prevent all currencies from sinking if you choose the right currency. The market is making new ATHs with the price of bitcoin rising and Eth and BNB performing well.
but they will perform in long term as well in which different from those shitcoins lovers that seeking for easy money that brings them into wrong decisioning and of course results .
better to invest in slow moving coins than those fast moving but ending scams in the sooner time.









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April 09, 2024, 08:51:55 AM
 #65

Nobody knows this for sure.  What I can tell ypu is that at some point we will probably see a parabolic rise with the market.  Not sure which coins will go the most but it happens every cycle and we haven't seen it yet.  So with that being said I wouldn't be scared of a pullback and actually would welcome it.  Cost average in when it comes down and be ready for the real bull to kick in
Yep, there are already a lot of altcoins these days and no one knows what altcoin will go pump or dump. There are already a lot of different bases, like some token unlocks, some fud to different altcoins, or some big updates from different projects.
Some also are pumping or dumping because of manipulation.
That's altcoins for you and we should enjoy it while it lasts. Altcoins are many, so their behaviours, actions and inactions will definitely vary because many things are different with them. Their news, and community size are different, and so are the brains behind them. The upgrade/scalability, the hypes, and even the marketing by some vary, so we can't expect the same reaction from them. This is why it is good for us to vary the coins/tokens we buy, so that we will not miss out, and when they make huge corrections, it will not affect us as such.

And yes, no doubt, many altcoins are being manipulated. This is obvious on the trading charts with the way they behave. Some would be pumped so fast and be dumped in that regard as well. It's all about the relevance of the coin and its market capitalization. The lower the market cap, the more susceptible they can be manipulated. Above all, what I do now is to invest in the coins that are newly listed by notable exchanges. They are mostly stable and performing well these days.

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April 09, 2024, 10:12:15 AM
 #66


And yes, no doubt, many altcoins are being manipulated.

Of course especially memecoins where they already have an established community and when they get enough investors, they just go ahead and get profits which leave the rest of the investors with a useless coin


Quote
Above all, what I do now is to invest in the coins that are newly listed by notable exchanges. They are mostly stable and performing well these days.

Well that is your experience but not all coins that get listed do well in the long term many of them still get listed and then die after a year or so. But being listed does decrease the chances of the coin being a scam.









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April 10, 2024, 08:34:47 AM
 #67

Yep, there are already a lot of altcoins these days and no one knows what altcoin will go pump or dump. There are already a lot of different bases, like some token unlocks, some fud to different altcoins, or some big updates from different projects.
Some also are pumping or dumping because of manipulation.

To avoid such pumping and dumping coins you should think about investment in those coins which reduces your fear to loss money. I think solana is highly profitable these days so don't skip such coin as it will show greater success as compared to new coins.

There are large number of coins which are only live due to Bull season and favor from investors but they will not live longer and will die when condition become unfavorable. Ethereum among altcoins is the best choice after which Solana is going to have tremendous success so if one ignore these coins then he will avoid the way of increasing his money and will trap into scam projects.



 

 

 

 

 

 


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April 13, 2024, 07:26:01 PM
 #68

Yep, there are already a lot of altcoins these days and no one knows what altcoin will go pump or dump. There are already a lot of different bases, like some token unlocks, some fud to different altcoins, or some big updates from different projects.
Some also are pumping or dumping because of manipulation.
We have no idea about the current state of the market but we can solved the crucial problematic matters on our path, why? Because we know the basis of the market and we're ready to do anything to safe ourselves. Altcoins will either pump or dump, it all depends on the market season available. None of us will wish for heavy losses because holding unto these projects, we just need to focused on the promising ones which seems too difficult to comprehend.

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April 13, 2024, 07:43:57 PM
 #69

Yep, there are already a lot of altcoins these days and no one knows what altcoin will go pump or dump. There are already a lot of different bases, like some token unlocks, some fud to different altcoins, or some big updates from different projects.
Some also are pumping or dumping because of manipulation.

To avoid such pumping and dumping coins you should think about investment in those coins which reduces your fear to loss money. I think solana is highly profitable these days so don't skip such coin as it will show greater success as compared to new coins.

There are large number of coins which are only live due to Bull season and favor from investors but they will not live longer and will die when condition become unfavorable. Ethereum among altcoins is the best choice after which Solana is going to have tremendous success so if one ignore these coins then he will avoid the way of increasing his money and will trap into scam projects.

This is very crucial when selecting coins to invest, though it depends on how you analyze and assess projects that you think have a good potentials, you just need to consider all the factors that might triggered the possibilities of gaining decent amount of profits, more on how you settle your research and how you position your trades.

Timing is important  especially if you are a type of a trader who loves to ride along and got that big nerves to risk your money.

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