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Author Topic: Will altcoins ever cheap again?  (Read 709 times)
Magic-Money
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May 27, 2024, 09:35:17 PM
 #61

The cryptocurrency market place has make it easier to the question you're asking, because Bitcoin price was cheaper when it was created in initial time of listing as it stated on the coinmarketcap trading history was started cheap price. While looking for cheap alt-coins are many in coinmarketcap and required making a research to invest on prosperous Coin in future profits business, which is patience is the key to hold for a long term.

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May 27, 2024, 10:34:22 PM
 #62

     You know that you can actually see a lot of altcoins that are actually cheap that have the potential to bring profit to anyone in the crypto space. All you really need is patience in finding them. You will also exert effort to find them.

     Actually, I know some that are low right now that have the potential to be $1  at the cheap price they currently have, and if they don't reach $1  each, you will still make money from them. And like I said, you just have to be patient in your search, although there is always risk involved in investing.

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May 28, 2024, 05:48:49 AM
 #63

Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?
It is quite simple to understand that not always the market is on the top and rolling high, a time will come when it rolls down again.
Perhaps, volatility is the nature of the market and price moves up and high.

Therefore, the chance is equal to the chance that it pumps. We are experiencing a surge in price because of bull season and high demand pushing the price to roll up. But after all of this thing, a dump is also about to be expected. The same experience we had in the previous years where bear season strikes after price hyped.
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May 28, 2024, 06:53:03 AM
 #64

No it's not growing super faster. That's so exaggerated, and if it's true then we are at $100k now but nah. We are still stuck at the $60k glory. I still appreciate the recovery made of BTC these past months. There are alts who also made an increase along with BTC but I think many of them are still affordable.

BTC halving is a positive event, so it's a bad idea to wait or expect that crypto price will dip during it but it looks like there is a miracle that occurred on this current halving round, since there is no positive effect yet that takes place. They should not waste this moment because I'm sure there are people who will think twice and ended up waiting for another decline again.

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May 28, 2024, 07:22:08 AM
 #65

Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?
If you didn't buy them cheap, you won't buy them when they are "expensive" either. Because the expensive price you are referring today can be cheap next week when you realize it's not going down and that was near bottom compared to where is it that day. You will only lose it you are going to chase the bottom, because you won't ever invest into it while waiting for next bottom.

Reason i know that is i've seen this so many times, people think they are expensive now, and later there will be people who say that if they only knew about such coin they would surely bought them at that level, but they wouldn't. Because cheap and expensive are relative terms and mean nothing without context.

That's psychology of hindsight, you would have thought bitcoin was expensive in 2014 as well because it hadn't drop to the level it started from.

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May 28, 2024, 08:19:47 AM
 #66

Today's altcoins are not expensive compared to when the bull run occurred, are you doubtful that the current altcoins still consider them expensive? Most altcoin prices can still be reached by the lower class to invest, not with bitcoin, the price of which is already too high, I'm sure altcoins will rise 5x or even more in the next few months. It's time for us to collect lots of altcoins. Today there is still a chance to make a profit from altcoins.

I think it's true, we still have the opportunity to buy it and it's still cheap, especially today's market conditions, especially if we see that the BTC price has also been corrected from 70K down to 67.9K.

Yes. This is a good opportunity to increase your coin ownership, especially quality memes.

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May 28, 2024, 09:58:05 AM
 #67



BTC halving is a positive event, so it's a bad idea to wait or expect that crypto price will dip during it but it looks like there is a miracle that occurred on this current halving round, since there is no positive effect yet that takes place. They should not waste this moment because I'm sure there are people who will think twice and ended up waiting for another decline again.

If you look at previous halvings, usually Bitcoin and some altcoins will experience a correction for several months before hitting a new ath. Because of this, many speculate that bitcoin will experience a correction and 2025 will be altcoin season and bitcoin season. So because of that, many say that in 2024 it is still worth investing because the price is still cheap. But if it's even cheaper I'm not sure because I see bitcoin will be in the range of 60-70k dollars this year. This will affect the prices of several altcoins so I predict that altcoins will not get any cheaper.

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May 28, 2024, 11:04:40 AM
 #68

Crypto market analysis is very difficult. But I think the price of altcoin will definitely be cheap. But it's not very soon. After the current bullrun ends. And waiting till then is difficult. So I think you can buy altcoins of your choice when the market goes to dip. And I think that it should be sold only if there is a small profit without being too greedy.
A person who can invest by analyzing the crypto market will get a good profit by investing. And if a person invests without analyzing the crypto market, he will never get profit and there will be a possibility of losing his invested money. But when will the price of altcoin be cheap?  Still can't figure it out. Altcoin prices are cheap only when bitcoin prices are cheap.

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May 28, 2024, 11:13:43 AM
 #69

I did bought overpriced altcoins and I don't want that to happen again. But even if I buy overprice altcoins if what comes next is a pump of it, that's not a problem anymore.

All it gotta take is for us to profit. And the price of the bought altcoin will be forgotten because you just made a profit out of it.

And I am sure that most of the altcoins are going to be cheaper soon but when? maybe on the bear market or when their hype is done.

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May 28, 2024, 02:32:31 PM
 #70

there is no reason to wait if you are confident in your altcoin choice. because the altcoin season has just started. and I personally have also bought some of the top altcoins like bnb and eth even at high prices. because I believe this altcoin will reach a new ATH point.
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May 28, 2024, 03:28:10 PM
 #71

Crypto market analysis is very difficult. But I think the price of altcoin will definitely be cheap. But it's not very soon. After the current bullrun ends. And waiting till then is difficult. So I think you can buy altcoins of your choice when the market goes to dip. And I think that it should be sold only if there is a small profit without being too greedy.
A person who can invest by analyzing the crypto market will get a good profit by investing. And if a person invests without analyzing the crypto market, he will never get profit and there will be a possibility of losing his invested money. But when will the price of altcoin be cheap?  Still can't figure it out. Altcoin prices are cheap only when bitcoin prices are cheap.
The decision to invest in altcoins should be made with sufficient discretion as many coins have come to the market in the past and have died because their developers could not provide value to investors. Also many investors have suffered huge losses by investing here. Therefore, every investment decision must be taken carefully. Some altcoins are relatively undervalued but their sustainability is uncertain so they can offer high profits with high risk. Some altcoins show the same behavior with the price of Bitcoin that is normal in the crypto market.

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May 28, 2024, 05:45:24 PM
 #72

Today's altcoins are not expensive compared to when the bull run occurred, are you doubtful that the current altcoins still consider them expensive? Most altcoin prices can still be reached by the lower class to invest, not with bitcoin, the price of which is already too high, I'm sure altcoins will rise 5x or even more in the next few months. It's time for us to collect lots of altcoins. Today there is still a chance to make a profit from altcoins.
I think it's true, we still have the opportunity to buy it and it's still cheap, especially today's market conditions, especially if we see that the BTC price has also been corrected from 70K down to 67.9K.

Yes. This is a good opportunity to increase your coin ownership, especially quality memes.
I do believe that if you really want to invest into anything we should not be considering anything at all. I personally believe that the more we deal with this the more we are going to end up with issues. People should consider how we could act towards this situation, and if we can do what we want to do then we are going to be fine about it. Obviously it is not going to be all that simple, and because of this we are not going to end up with anything more decent.

But, when we reach to a point where we can consider the prices changing, going for risky ones makes no sense. I prefer to buy bitcoin and that way I keep my cool, because while it may not go up as much as some risky coins do, it also doesn't crash to zero or nobody rug pulls me neither.

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May 28, 2024, 06:05:44 PM
 #73

Bitcoin also disappointed a lot of people because they were planning to purchase more in the halving and they thought in the halving bitcoin would reduce in price but irony was the case. And the top two altcoins were even facing network congestion. And foe the bear market, the price of altcoins will still come down after this period but it will take sometimes before the price will cheap again.
But I don't think the price will still go down to 16k$ again and I am suspecting that, it will be $20k and above.

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May 28, 2024, 06:34:57 PM
 #74

Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?

If we are discussing  about leading altcoin Ethereum , I think it is unlikely to become cheap again since its ETF has been approved in USA by Security and exchange commission. Additionally, I believe the layer2 coins such as Optimism, Arbitrum, Matic and Manta are also expected to see price increase as soon as funds starts flowing in Ethereum ETF. Moreover, XRP, Solana and LTC are also considered candidates for next ETFs approval. Meanwhile, the rest of alts market will likely to continue facing volatility and price fluctuations.

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May 28, 2024, 06:44:15 PM
 #75

To be very honest, it seems highly unlikely that altcoins will drop significantly again. Altcoins haven't risen so much yet that we can't make any decisions. In my opinion, we still have time to buy. The best way is to keep buying in small amounts at different levels. This could be the best strategy; otherwise, I think the pumping of altcoins could start at any time now.

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May 28, 2024, 11:04:56 PM
 #76

In my opinion, it's better to postpone or wait until the trend goes down again because if you enter now, when the market is like that, it's hard to predict whether the movement will really go up or down again, so in my opinion, the decision to wait is very wise because if you make a purchase, the price is quite expensive, like now, it's quite expensive. risky.

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May 29, 2024, 09:37:47 AM
 #77

Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?

Did you really think altcoins are becoming more expensive? Is only those top altcoins that is becoming more expensive more especially ethereum. Ethereum is growing super faster along with bitcoin whenever there's increase in the value of bitcoin ethereum also increase I think this two coins is really working together. However i think if we want to buy altcoins we shouldn't be considering the price, altcoins have not become that expensive, because the more we are waiting for the price to go down that's the more the price keep increasing we don't have to procrastinate.

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May 29, 2024, 12:10:15 PM
 #78

To be very honest, it seems highly unlikely that altcoins will drop significantly again. Altcoins haven't risen so much yet that we can't make any decisions. In my opinion, we still have time to buy. The best way is to keep buying in small amounts at different levels. This could be the best strategy; otherwise, I think the pumping of altcoins could start at any time now.

You are absolutely correct that most of altcoins have not demonstrated their best performance, with few exceptions, such as Solana and Ethereum, which still have not surpassed their previous all time highs (ATH). This time the halving event was different from previous ones when Bitcoin made ATH before the event actually occurred and unlike before alts didn't follow Bitcoin and didn't perform so well. However I am optimistic that it is the matter of time only before alts will perform excellently once Bitcoin price exceeds $80,000 ushering the whole crypto currencies market into new phase of bull cycle.

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May 29, 2024, 03:01:18 PM
 #79

Rising and falling prices in the crypto market are normal, meaning that there are moments when prices are high and there will be moments when prices are low. If you think the current altcoin price is too high, all you need to do is wait for the bear market and the altcoin price to fall. Moreover the halving this time does not have a big impact on most altcoins, in fact the price of bitcoin also tends to be stable.

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May 29, 2024, 03:06:41 PM
 #80

Its not a good thing to buy altcoins at high prices because the market may dumped on you anytime . It will be better to wait until it dips before making an investment the market will not be bullish forever right now everything is green after a few months from now the bear market may kick in and altcoins will become cheaper once again then you can buy at low prices and make some good profits in return.

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