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Author Topic: Many altcoins may not recover this fall.  (Read 747 times)
lepbagong
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September 26, 2024, 03:24:49 AM
 #81

New projects are generally good for seasoned and experienced traders. They have enough knowledge and experience to evaluate and understand whether a project is good or not because they know what metrics they need to check for it. For newbies, I would recommend they stick with old projects and cryptocurrencies for the safety of their funds.
I agree. The current altcoin scene is evolving in new trends and I doubt its long term sustainability and user base, so it would be risky not to really know that, so I think coins with solid foundations like ETH, SOL, BNB are more reliable and safe. Countless altcoins after their run have failed to recover following bitcoin, it has lost its hype or is no longer relevant, perhaps

I would also add TON to the list you mentioned.
Do you think the same way about it as well?
TON is also on my list, why is that because currently there are many successful mini application projects using the TON network and that is why I included it as an investment along with ethereum and bnb with the hope that in the future the price of TON will increase like Ethereum
The right way you have done, the TON network is currently trending, and many projects are running on this network, and it must also be remembered that telegram also provides full support for every new project and, of course, this is very helpful.
In my opinion, it is clear that it still takes time to be able to match the earlier networks, but it must be remembered that the prospects are very good and worthy of being an attractive investment in the end along with other altcoins such as ethereum,, BNB.

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September 26, 2024, 10:33:22 AM
 #82

The right way you have done, the TON network is currently trending, and many projects are running on this network, and it must also be remembered that telegram also provides full support for every new project and, of course, this is very helpful.
In my opinion, it is clear that it still takes time to be able to match the earlier networks, but it must be remembered that the prospects are very good and worthy of being an attractive investment in the end along with other altcoins such as ethereum,, BNB.

The trend is there to stay, so, it's a good investment, I do agree.
Only when the mini-apps mania dies down a bit, we can say that TON won't be that good to consider.
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September 26, 2024, 11:15:14 AM
 #83

The majority of altcoins were intentionally created to try to compete with Ethereum and Bitcoin, but they were unable to realize their dreams, so investors just came and went from their tokens. My advice is to be careful about where you put your money, don't put it in just any altcoin, especially since there are currently quite a lot of altcoins that continue to emerge. Always do in-depth research before investing in a token because you will be the one who loses when the token is no longer able to return to its high price after its price falls during a bearish market..

The potential for new tokens is actually there, but on average, the newly born ones are very weak and vulnerable if market corrections occur at any time. This can be seen when they were first listed on the exchange, the price rarely lasted for 2 days and even after only 10 hours the price was nowhere to be found.

For those who bought at the top, they have to take a deep breath, even if they hold it until they reach the price they bought it at, I think it will take quite a long time, in short, they have to find other funds and trade it again there to withdraw the initial capital. Very different from tokens that already have a large price history and market cap.

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September 27, 2024, 07:23:05 PM
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 #84

The majority of altcoins were intentionally created to try to compete with Ethereum and Bitcoin, but they were unable to realize their dreams, so investors just came and went from their tokens. My advice is to be careful about where you put your money, don't put it in just any altcoin, especially since there are currently quite a lot of altcoins that continue to emerge. Always do in-depth research before investing in a token because you will be the one who loses when the token is no longer able to return to its high price after its price falls during a bearish market..

The potential for new tokens is actually there, but on average, the newly born ones are very weak and vulnerable if market corrections occur at any time. This can be seen when they were first listed on the exchange, the price rarely lasted for 2 days and even after only 10 hours the price was nowhere to be found.

For those who bought at the top, they have to take a deep breath, even if they hold it until they reach the price they bought it at, I think it will take quite a long time, in short, they have to find other funds and trade it again there to withdraw the initial capital. Very different from tokens that already have a large price history and market cap.
In todays new coins/tokens/projects, then it would really be having on the ff: common factors that determines success.

1. Unique utility on which havent been seen before
2. Big and popular partnerships
3. Community demand and recognition
4. A little mix of hype and interest

We do know that success isnt really that a guaranteed thing but having those mentioned things above then you could really be able to assume out that these tokens or projects
will really be having that a good shot when it comes into its price or value. Speaking about old projects or coins then survival will really be just that depending into the community
demand and recognition on which we know that has always be the main consideration in speaking about on how a certain coin or project will really be having its price
will be going up or simply could be able to have that survive on every market cycle. If not, then it would be simply dies and wither away and be replaced by something new.

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October 03, 2024, 01:44:41 AM
 #85

The right way you have done, the TON network is currently trending, and many projects are running on this network, and it must also be remembered that telegram also provides full support for every new project and, of course, this is very helpful.
In my opinion, it is clear that it still takes time to be able to match the earlier networks, but it must be remembered that the prospects are very good and worthy of being an attractive investment in the end along with other altcoins such as ethereum,, BNB.
The trend is there to stay, so, it's a good investment, I do agree.
Only when the mini-apps mania dies down a bit, we can say that TON won't be that good to consider.
There are some not believing TON will be good someday, and it is a choice and there is no avoiding the fact.
But maybe some feel that TON will be able to develop because it is currently smoothly used with mini-games on telegram.
All perceptions can occur and these are natural and all returned to ourselves.
I myself do not hold a TON because I prefer eth. BNB I think is more reliable.

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October 03, 2024, 06:37:08 AM
 #86

The right way you have done, the TON network is currently trending, and many projects are running on this network, and it must also be remembered that telegram also provides full support for every new project and, of course, this is very helpful.
In my opinion, it is clear that it still takes time to be able to match the earlier networks, but it must be remembered that the prospects are very good and worthy of being an attractive investment in the end along with other altcoins such as ethereum,, BNB.
The trend is there to stay, so, it's a good investment, I do agree.
Only when the mini-apps mania dies down a bit, we can say that TON won't be that good to consider.
There are some not believing TON will be good someday, and it is a choice and there is no avoiding the fact.
But maybe some feel that TON will be able to develop because it is currently smoothly used with mini-games on telegram.
All perceptions can occur and these are natural and all returned to ourselves.
I myself do not hold a TON because I prefer eth. BNB I think is more reliable.

Yeah, BNB may seem more reliable, but who knows what will happen in the space tomorrow, so I hold a bit of TON myself just in case.
I too think that TON may become better in the future, and it got lots of people into it with mini-apps, however, the quality of such - communities - is questionable.
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October 04, 2024, 03:17:14 AM
 #87

The right way you have done, the TON network is currently trending, and many projects are running on this network, and it must also be remembered that telegram also provides full support for every new project and, of course, this is very helpful.
In my opinion, it is clear that it still takes time to be able to match the earlier networks, but it must be remembered that the prospects are very good and worthy of being an attractive investment in the end along with other altcoins such as ethereum,, BNB.
The trend is there to stay, so, it's a good investment, I do agree.
Only when the mini-apps mania dies down a bit, we can say that TON won't be that good to consider.
There are some not believing TON will be good someday, and it is a choice and there is no avoiding the fact.
But maybe some feel that TON will be able to develop because it is currently smoothly used with mini-games on telegram.
All perceptions can occur and these are natural and all returned to ourselves.
I myself do not hold a TON because I prefer eth. BNB I think is more reliable.
Yeah, BNB may seem more reliable, but who knows what will happen in the space tomorrow, so I hold a bit of TON myself just in case.
I too think that TON may become better in the future, and it got lots of people into it with mini-apps, however, the quality of such - communities - is questionable.
Of course, at this time, we can't avoid the fact that BNB is still the best, but we will not know in the future, because everything could change, and it is not impossible that TON will also be one of the targets.
Because for now it must be admitted that the use of TON is very much due to the influence of mini-games on telegram and if it continues to be done and many people are interested, it is not impossible that TON will have a good impact.

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October 06, 2024, 12:22:35 PM
 #88

Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits.
 
. just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
Shitcoin Normally fell and remain drowning after sometime , this is why shitcoin must not be in our hands for long or better never deal with it forever .

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October 07, 2024, 06:19:38 AM
 #89

Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits.
 
. just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
Shitcoin Normally fell and remain drowning after sometime , this is why shitcoin must not be in our hands for long or better never deal with it forever .

Yeah, some choose to gamble with them, and only a small amount of money should be spent on them, or as you said - no funds at all.
The risks are too high to put them high above on the list for investment. Even a short-term one.
We are not talking about big and reliable alts, of course.
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October 07, 2024, 06:33:32 AM
 #90

Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits.
 
. just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
Shitcoin Normally fell and remain drowning after sometime , this is why shitcoin must not be in our hands for long or better never deal with it forever .

If Shitcoin can be avoided from the ongoing trend, usually after the hype occurs it will fall and sink without a time limit when it will rise again. Sometimes some people take a chance on shitcoins in the near future as long as the shitcoin price is still moving up, which can be a matter of happiness for traders.

Yes, of course we have to know that holding shitcoins will be risky. It's better to switch to altcoins that already have a good overall value. Likewise holding other coins will not always make us profit There is a time for everything.

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October 07, 2024, 07:43:27 AM
 #91

Sometimes some people take a chance on shitcoins in the near future as long as the shitcoin price is still moving up, which can be a matter of happiness for traders.

Yes, of course we have to know that holding shitcoins will be risky. It's better to switch to altcoins that already have a good overall value. Likewise holding other coins will not always make us profit There is a time for everything.

Altcoin are just gamble especially those shitcoins that are new in the market so anyone holding them should know they are risking their money on them and i see no reason why an altcoin will fall drastically and tends to rise somehow in the future and someone who witnessed when it fell extremely will still consider buying them again, to me it's just a kind of gambling. If someone should consider holding an altcoin, let it be those ones that have stood the test of time and has experienced real market volatility and still survived. However, holding altcoins can be considered but we don't need to depend so much on them.











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October 07, 2024, 09:14:44 AM
 #92

Sometimes some people take a chance on shitcoins in the near future as long as the shitcoin price is still moving up, which can be a matter of happiness for traders.

Yes, of course we have to know that holding shitcoins will be risky. It's better to switch to altcoins that already have a good overall value. Likewise holding other coins will not always make us profit There is a time for everything.

Altcoin are just gamble especially those shitcoins that are new in the market so anyone holding them should know they are risking their money on them and i see no reason why an altcoin will fall drastically and tends to rise somehow in the future and someone who witnessed when it fell extremely will still consider buying them again, to me it's just a kind of gambling. If someone should consider holding an altcoin, let it be those ones that have stood the test of time and has experienced real market volatility and still survived. However, holding altcoins can be considered but we don't need to depend so much on them.

Some use them, some say that BTC is the only way, and some consider ETH and SOL superior to everything - everybody has their position on it, no matter the case, old alts are not that risky, new alts - really risky, shitcoins - the gambling simulator, and the BTC - reliable investment, though, with less potential in x's even in a long time.
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October 08, 2024, 05:29:22 AM
 #93

Altcoin are just gamble especially those shitcoins that are new in the market so anyone holding them should know they are risking their money on them and i see no reason why an altcoin will fall drastically and tends to rise somehow in the future and someone who witnessed when it fell extremely will still consider buying them again, to me it's just a kind of gambling. If someone should consider holding an altcoin, let it be those ones that have stood the test of time and has experienced real market volatility and still survived. However, holding altcoins can be considered but we don't need to depend so much on them.
To be fair, this depends on which altcoin we are talking about. Just like you mentioned there are memecoins and some shitcoins that will not go up, they will not be making any profit to people, not all not any, "some" of them will stay down or even go down even more.

However, like you said there will be some that will make some money and some that will make a lot of money as well. So, this is why we shouldn't have any type of doubts about this at all, it should be something that will take a while as well so it wouldn't really be a big deal at all, we need to focus on how we can pick the good ones but that is not a simple task at all.

I believe we are going to end up with some doubtful situations and because of this we shouldn't really be dealing with anything marginal when making our investments, always pick something that will be easy to go up and known. This is why I prefer to use big altcoins, the ones in the top 10 plus litecoin that's it, this way I know they are good and not trouble. If I go any lower, things get a little blurry and I end up not knowing if the coin I picked will be doing good or will be doing terrible, there is no reason for it to get any worse results.

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October 08, 2024, 05:48:41 AM
 #94

Altcoin are just gamble especially those shitcoins that are new in the market so anyone holding them should know they are risking their money on them and i see no reason why an altcoin will fall drastically and tends to rise somehow in the future and someone who witnessed when it fell extremely will still consider buying them again, to me it's just a kind of gambling. If someone should consider holding an altcoin, let it be those ones that have stood the test of time and has experienced real market volatility and still survived. However, holding altcoins can be considered but we don't need to depend so much on them.
I believe we are going to end up with some doubtful situations and because of this we shouldn't really be dealing with anything marginal when making our investments, always pick something that will be easy to go up and known. This is why I prefer to use big altcoins, the ones in the top 10 plus litecoin that's it, this way I know they are good and not trouble. If I go any lower, things get a little blurry and I end up not knowing if the coin I picked will be doing good or will be doing terrible, there is no reason for it to get any worse results.

Yeah, that's a good choice - Litecoin is man's BTC after all, and the potential on such an investment may not have as big of a potential as on newer alts, however, it will have the needed stability going into the long run, in my opinion, and the results will be there.
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October 08, 2024, 07:49:14 AM
 #95

Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits.
 
isn't Normal for the whole market reacting how bitcoin acted as well?

bitcoin is always the trend setter and what price this may have will also the action of altcoins.

Quote
. just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
if you are betting in Shitcoins then you must know that the value may not recover at any time after the fall.

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October 08, 2024, 08:07:19 AM
 #96

if you are betting in Shitcoins then you must know that the value may not recover at any time after the fall.

Well, there were cases that the meme could have risen up from the dead to be then snuffed out eventually, or to light up brightly and then do the same.
We can call SPX6900 that type of coin Grin

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October 12, 2024, 01:49:58 PM
 #97

ICP, When it was above $700 and the investors who invested in this coin have not been able to recover the market so far but in the position it is in now no one can say for sure if it will get to $100 for the second time. I invested 50 coins when this coin hit $15 and I am sitting hoping for a market recovery, maybe in 2025 my investment will recover.

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October 15, 2024, 05:51:24 AM
 #98

Some use them, some say that BTC is the only way, and some consider ETH and SOL superior to everything - everybody has their position on it, no matter the case, old alts are not that risky, new alts - really risky, shitcoins - the gambling simulator, and the BTC - reliable investment, though, with less potential in x's even in a long time.
I wonder what makes people compare ETH or SOL with Bitcoin knowing that Bitcoin is the only most trusted and reliable cryptocurrency in the market. We know that altcoins tend to have the possibility of growing faster than Bitcoin but the reason behind that is because they have way lower prices than Bitcoin. If Bitcoin goes up 10% when it's priced at $60k, it means it is gaining $6k in its price, whereas if a coin is worth $500, 10% for it will only be $50. So this makes a difference.

Beside all these things, most of the altcoins aren't even decentralized in the true sense. Their developers and the teams have complete control over the network and can make any sort of changes whenever they want, but that isn't the case with Bitcoin at all. No one can change the original Bitcoin network or anything in it. Forks are a different thing.

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October 15, 2024, 08:47:01 AM
 #99

Some use them, some say that BTC is the only way, and some consider ETH and SOL superior to everything - everybody has their position on it, no matter the case, old alts are not that risky, new alts - really risky, shitcoins - the gambling simulator, and the BTC - reliable investment, though, with less potential in x's even in a long time.
I wonder what makes people compare ETH or SOL with Bitcoin knowing that Bitcoin is the only most trusted and reliable cryptocurrency in the market. We know that altcoins tend to have the possibility of growing faster than Bitcoin but the reason behind that is because they have way lower prices than Bitcoin. If Bitcoin goes up 10% when it's priced at $60k, it means it is gaining $6k in its price, whereas if a coin is worth $500, 10% for it will only be $50. So this makes a difference.

Beside all these things, most of the altcoins aren't even decentralized in the true sense. Their developers and the teams have complete control over the network and can make any sort of changes whenever they want, but that isn't the case with Bitcoin at all. No one can change the original Bitcoin network or anything in it. Forks are a different thing.

I do not think even though ETH is mainly said to be centralized to the brim that it may come to the situation that you described in your first paragraph. ETFs, the flow of new projects, you name it - why do such things by the founders when it's all gloom and not doom? Grin However, this debate will remain till ETH is still there.
And speaking about the prices - people just have more skin going for BTC, that's it. Most skin is put on both by people and institutions in it, which is rare currently. Potential on alts is there, though stability would be less than going in BTC, although, it depends on the targets you have on your mind.
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October 15, 2024, 08:52:57 AM
 #100

Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits.
 
It is always a trend that Bitcoin starts the movement either to go up or go down , before that fall bitcoin started we have seen the massive increase so there are ways to show
Quote
. just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
where did you get that details?  1/3 of the shitcoin ? when i wanted to see that all shitcoin dies .

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