Many altcoins may not recover this fall.

[letteredhub]

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.

[Odohu]

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.

I have been a victim of this in the past, a situation where I thought altcoins will move faster and give bigger profit than Bitcoin, hence I bought then instead of buying Bitcoin. Regrettably, some of them died in my wallet and ai never got the chance to sell at profits. Such experience is the reason I'm mostly Bitcoin now because I realised it is better to grow my investment gradually than to pursue quick profits and end up making mistakes that will cost me money.

[betswift]

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.

It will boil down to what coins we are talking about.

Many people do think that the alts (at least the big ones for sure, like ETH and the likes of it) will pump in the near future. And I don't blame them (I watch after them and their actions ).

We may see a big strait up to $45k in my opinion (whether or not the geopolitics will come into play, or some other factors like recently) - we can't be 100 percent sure. Just as that all the alts will bring profits if the bottom has been reached. We should be ready for both scenarios and have the funds necessary to support the plan we stick to (all of us, I mean, with different ones in mind).

That's my opinion. But I agree with you that we should be vigilant nonetheless.

[Marykeller]

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.

This a worthwhile reminder for everyone to take note of, as most investors are having a rush investment to make in some of the altcoins they think they haven't accumulated enough for their satisfaction against the upcoming bull run.

Very soon, almost everyone in the crypto space will be anticipating a financial flow in the crypto market that will have millions of investors becoming millionaires, some will in the process lose the opportunity to that just that they didn't diversify their investment on several altcoins, letting greed take hold of them by not having a moderate sell price at which they are going to sell each of their altcoin investments.

[Text]

I couldn't agree more, it's tempting to buy altcoins during a dip, but not all of them will recover. Many altcoins tend to mirror Bitcoin's price movements, but lesser-known or unstable ones, often referred to as shitcoins, might just disappear and may not bounce back even if Bitcoin does. Rushing to invest in altcoins could lead to significant losses in a fluctuating market.

[Aanuoluwatofunmi]

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.

Some altcoins were already recovering from the dip, this will all be determined by the nature of their project and the availability of their funding required to make it continue existing, if we have already made a right choice by investing on a good coin with prospect, then by now we would have been seeing the market improving with our investment, though i don't think as of recent we have heard about any coin or project which has turned a scam lately.

[asriloni]

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.
 

That's how trading is work, and if you're not dealing with the risk, then how you get profit from the market? Buy when others panic to sell off their asset, then try to gamble on the recovery of bitcoin is a normal thing in crypto. Bitcoin won't be dumping forever, and that makes sense if they're buying it after it reaches the bottom.

. 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.

True, but some altcoins in the market have chance to break new ATH. That's why, when trading crypto, finding a gem is the hardest task. But, it will help you recover your assets. Buying the dip becomes the easiest way to get decent profit from your investment.
Market instability is common. It offers a chance to profit in a bearish market. And if you're scared to buy at the dip, then how can you make profit from the market? It forces to you to teal with the risk.  That's why there is also stop loss.

[$crypto$]

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.

I have been a victim of this in the past, a situation where I thought altcoins will move faster and give bigger profit than Bitcoin, hence I bought then instead of buying Bitcoin. Regrettably, some of them died in my wallet and ai never got the chance to sell at profits. Such experience is the reason I'm mostly Bitcoin now because I realised it is better to grow my investment gradually than to pursue quick profits and end up making mistakes that will cost me money.

You are not alone I suffered huge losses in altcoins that were bought during DUMP market conditions, such as promising that altcoins will increase significantly after bitcoin but it was just my imagination.

I will not make the same mistake again and again, maybe it will be a valuable experience.
Unless you are ready to like gambling and buy not so big in altcoins then it's okay.

[betswift]

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.

I have been a victim of this in the past, a situation where I thought altcoins will move faster and give bigger profit than Bitcoin, hence I bought then instead of buying Bitcoin. Regrettably, some of them died in my wallet and ai never got the chance to sell at profits. Such experience is the reason I'm mostly Bitcoin now because I realised it is better to grow my investment gradually than to pursue quick profits and end up making mistakes that will cost me money.

You are not alone I suffered huge losses in altcoins that were bought during DUMP market conditions, such as promising that altcoins will increase significantly after bitcoin but it was just my imagination.

I will not make the same mistake again and again, maybe it will be a valuable experience.
Unless you are ready to like gambling and buy not so big in altcoins then it's okay.

I appreciate that you gained experience, even in a bad situation. I agree that the funds to get the alts into the portfolio shouldn't be so big that you would miss them if something goes south or the market crumbles due to circumstances that aren't in your power. Though, it's nice to have some, to see the dynamics between them and profit a bit in the long run. ETH, SOL and other big guys in town are here to stay.

[Mayor of ogba]

Yes, I agree with you that not all altcoins will recover from the recent dip that happened in the crypto market. So many altcoins are built with no solid use case, and they are only based on hype to increase in price. It will be difficult for such altcoins to recover because there's no use case to help the price bounce back. I know some folks still invest in altcoins even when they know it is risky to do so. They should only invest with the money they can afford to lose because success is not guaranteed in altcoin investment.

[betswift]

Yes, I agree with you that not all altcoins will recover from the recent dip that happened in the crypto market. So many altcoins are built with no solid use case, and they are only based on hype to increase in price. It will be difficult for such altcoins to recover because there's no use case to help the price bounce back. I know some folks still invest in altcoins even when they know it is risky to do so. They should only invest with the money they can afford to lose because success is not guaranteed in altcoin investment.

That's a good and solid point, however, hype and funds can make wonders even with shitcoins at this point, not to mention alts with low innovation behind them. Take Neiro, for example - with just a trick of black marketing from dumping lots of their coins by Vitalik Buterin, word about them has spread like a story tale. The price after the event, in fact, doubled and didn't dump at the moment.

[letteredhub]

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.

I have been a victim of this in the past, a situation where I thought altcoins will move faster and give bigger profit than Bitcoin, hence I bought then instead of buying Bitcoin. Regrettably, some of them died in my wallet and ai never got the chance to sell at profits. Such experience is the reason I'm mostly Bitcoin now because I realised it is better to grow my investment gradually than to pursue quick profits and end up making mistakes that will cost me money.

You are not alone I suffered huge losses in altcoins that were bought during DUMP market conditions, such as promising that altcoins will increase significantly after bitcoin but it was just my imagination.

I will not make the same mistake again and again, maybe it will be a valuable experience.
Unless you are ready to like gambling and buy not so big in altcoins then it's okay.

Starting off with altcoins and experiencing all that reckless losses from alts dumps and still having the courage to stay in the market is dope, because a lot of first timers that bought different coins in previous dip that had to dump it made their first time their last commitment to cryptocurrency.
 Alternatively people leave bitcoin to go for shitcoins because of the promising potential to make huge profit within the shortest time, the hype alone is another deceptive attraction, but It's after they would have lost so much capital they then shift to invest in bitcoin gradually building their portfolio.

[AbuBhakar]

. 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.

Facts. Most of the altcoins are just the product of hype that usually abandoned by devs when the hype goes away. This is the reason why investing on hype licking projects such as meme coin, defi and other shitty bandwagon projects is so dangerous because there’s no chance for them to recover once dump because the dev itself already leave the project.

This is why it’s important to learn how to cut loss once you are trapped on this project because there’s low chance they will come back from the dead since there’s no interest anymore with these project.

Not only 1/3 but rather 90% of shitcoin will die since devs will just develop new shitcoin for another investment opportunity.

[milewilda]

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.

I have been a victim of this in the past, a situation where I thought altcoins will move faster and give bigger profit than Bitcoin, hence I bought then instead of buying Bitcoin. Regrettably, some of them died in my wallet and ai never got the chance to sell at profits. Such experience is the reason I'm mostly Bitcoin now because I realised it is better to grow my investment gradually than to pursue quick profits and end up making mistakes that will cost me money.

You are not alone I suffered huge losses in altcoins that were bought during DUMP market conditions, such as promising that altcoins will increase significantly after bitcoin but it was just my imagination.

I will not make the same mistake again and again, maybe it will be a valuable experience.
Unless you are ready to like gambling and buy not so big in altcoins then it's okay.

Starting off with altcoins and experiencing all that reckless losses from alts dumps and still having the courage to stay in the market is dope, because a lot of first timers that bought different coins in previous dip that had to dump it made their first time their last commitment to cryptocurrency.
 Alternatively people leave bitcoin to go for shitcoins because of the promising potential to make huge profit within the shortest time, the hype alone is another deceptive attraction, but It's after they would have lost so much capital they then shift to invest in bitcoin gradually building their portfolio.

We do know that Bitcoin would really be always be the main trend setter on which it doesnt matter whether we are talking about new or old altcoins on which there are really that indeed to those who doesnt
able to make out some isgnificant movement on the moment ortime that the market would really be having that recovery,. On the time or moment that you do find yourself wanting to make out some investment
into those altcoins then it would really be that depending into your choice on which we know that when it comes to risk taking then it would really be that entirely depending into someones choice.
Recovery of said altcoins could neither be that could happen or not basing up everything would really be on the demand. There's no way that we could really be that easily to make out some conclusions
because there are coins that been long time on the ground or lets say that its price is really that on the gound buut there are indeed times that these coins do shot up into the moon.

In terms of recovery then everything would really be depending o the demand and recognition and community hype or interest. Basing up into the projects that
launching everyday then you could really be saying that projects do really "come and go" and this would really be survival of the fittest. If a certain project do
able ot get such attention then you do know on whats next.

[robelneo]

 
. 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.

It's 100% accurate. Checking on my portfolio, half of the altcoins I invested in, although I know all the risks associated with investing in new coins, are not going to recover because of rug pull and developers abandoning the project. This is something that will hurt our pockets, but this is associated with investing; you have to understand the risks.
Investing in Cryptocurrency is sometimes cruel, but you learn with every investment. You should never give up, as your next investment could be the next big thing.

[GbitG]

I couldn't agree more, it's tempting to buy altcoins during a dip, but not all of them will recover. Many altcoins tend to mirror Bitcoin's price movements, but lesser-known or unstable ones, often referred to as shitcoins, might just disappear and may not bounce back even if Bitcoin does. Rushing to invest in altcoins could lead to significant losses in a fluctuating market.

Yeah, obviously when a person invests hastily, there is no doubt that he will not lose, but he will definitely do it, because according to me, there are some rules of buying, if you follow them, you will be safe, otherwise you will lose. So, the first rule among these rules is that when you see that there is a dump, you should not rush, but stay calm. Should invest at this time. 
 
Besides, I have often seen that people try to buy lay altcoin and meme coin in the dump, but this is wrong, it can cause you to lose. No, if it is, then it is correct, and if it is not, then you can definitely lose. So be careful with these kinds of altcoins and meme coins, which have no recovery potential.

[rodskee]

Upon checking the market , it looks  like things are recovering now and the market shows strong holdnow

https://coinmarketcap.com/ 

and the term Many altcoins may not recover? well see it for yourself.

[Adbitco]

Those who has been on the long run with cryptocurrency should at least know that altcoin aren't worth to be trusted with 100% because they still possess that potential of dumping huge time except for those reliable and trustworthy coin that gain so much reputation in the market.

Look this period is a time of holding reliable coin such as bitcoin, ethereum some other top 20 cryptocurrency in the market ranking on coinmarketcap.
However, I would advise someone it's better to focused on just bitcoin any newly listed coin should be avoided because it could lead to huge dump after investors succeeded making their profit from when listed in the market.

[justdimin]

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.

The title of your topic should have been: "Shitcoins may not recover after this fall."

That should have made more sense because we are talking about shitcoins here and not normal altcoins. After all, good altcoins will surely recover along with Bitcoin and we are already seeing that in the market. So it's a bad idea to invest in shitcoins when there is a sharp drop in the market, but buying good altcoins can be great because such opportunities aren't provided all the time.

Traders who bought altcoins in this drop are going to get significant profits when Bitcoin recovers because those altcoins are going to give them good profit, but investing in useless shitcoins and meme coins might only get their money stuck.

[Aanuoluwatofunmi]

Whenever there is fall like this, only shitcoins don't recover back from the dip because it investors would have left when the coin or token lacks the minimum and adequate fund to keep it running up to the required stage, knowing more about the project developers is very important also because some where known for this that they will reward people for their investment on them while some may not due to so many reasons only them can relate with