Aanuoluwatofunmi
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stead.builders
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August 10, 2024, 02:43:30 PM |
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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
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bitgolden
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August 11, 2024, 04:42:52 PM |
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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. That's exactly true, we are recovering, and we are doing alright and many people are mistaking what we are doing right now as something that will not be too simple. We are going to have some issues with what we are doing at the moment, and I feel like we are going to deal with something much larger here, we are not going to do anything that would be willing to do something easy to handle, it's going to take a while for us to recover fully, but we recovered for a while and to a point which is why I feel like we are going to deal with something that will do even better, which is why I think it is quite strong possibility that we are going to go up even more, that's the most important part. I believe that we are going to do fine, we just need to do something more, and wait a little bit more. If we keep on investing, the price will go up and that's going to be something quite good. However, we are going to end up waiting a bit more, it is not going to be instant. As long as we have trust in bitcoin and crypto in general, we are going to recover and that's why I believe that we are going to do something that will be a lot better, we just need to make it work one way or another, that's the whole point.
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Obulis
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August 11, 2024, 07:09:09 PM |
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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
If that be then history might likely be repeating itself in this case. Knowing the project developers can kind of give hope, but does it really matter so much? Everyone should watch out on their investment move. Emotional intelligence is important in this case.
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passwordnow
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August 11, 2024, 09:46:07 PM |
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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.
I agree, just like in the last cycles. There have been bunch of altcoins that have never recovered and it seems that it's going to happen again or it had already started when we see Bitcoin went back to $49k. While this volatility of Bitcoin is hitting a lot of them, it is for sure that there's gonna be more of these altcoins that will be out of business because flow of money will be out of them mostly those that are done already with the hype that was made on them. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
I reckon and people should be reminded about this. Many of these shitcoins are going to take their money away and they'll feel bad if that money that they've earned from the market came from the hard earned money that they have traded and held for a long time. Many of these altcoins aren't good for long term and they have to accept that they're like having some specific period of time when launched to the market and got listed to exchanges.
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betswift
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August 12, 2024, 11:26:34 AM |
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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
If that be then history might likely be repeating itself in this case. Knowing the project developers can kind of give hope, but does it really matter so much? Everyone should watch out on their investment move. Emotional intelligence is important in this case. Yeah, it's like the Wild West and a time to draw and press the trigger. The question is, when it's better to be done..
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Tigerheart3026
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August 12, 2024, 12:01:23 PM |
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correct many altcoins can not recover when a big dump happened and if bitcoin will up again but a lot shit coin can't follow bitcoin price, so be careful to all who guys are beginners in crypto, i am buying bitcoin because it's will recover very fast, and safest investment always. although some good altcoins still much low, i put some money to buy those in short term.
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Oilacris
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August 12, 2024, 09:41:27 PM |
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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.
We do really know that Bitcoin would really be always the main trend setter on which on the time or moment that it would really be making up such correction then you would really be definitely thinking up that it would really be making things or entire market would really be going down and this is something not that shocking anymore because we've seen this thing ever since this market has been created. Its something that where the market would really be basing up in accordance into its movement. If its really that making up some price increase rally then you could really be able to see that everything is really that going up nor neither going down and this what makes it really that too unpredictable for you to be able to tell on where it would really be going. Speaking about recovery on which its not really just that giving out some assurance that those coins/tokens wont really be able to make it out. Everything would really be that according into the demand and recognition as always because this is where price will really be kicking out.
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jasonjm
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August 13, 2024, 07:57:18 AM |
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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.
When BTC dips, altcoins dips with it, but when BTC start pumping altcoins usually do not follow suit. This recent BTC dump significantly dented the altcoin prices and many of them haven't recovered yet. On the other hand, BTC saw some upward trends. The Majority of the shit altcoins will probably exit the market if we see another such drop in BTC price. Many of my altcoin investments are down many folds, but I am still holding them as I am being optimistic about their price pump in the upcoming alt season.
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betswift
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August 13, 2024, 08:07:15 AM |
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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.
When BTC dips, altcoins dips with it, but when BTC start pumping altcoins usually do not follow suit. This recent BTC dump significantly dented the altcoin prices and many of them haven't recovered yet. On the other hand, BTC saw some upward trends. The Majority of the shit altcoins will probably exit the market if we see another such drop in BTC price. Many of my altcoin investments are down many folds, but I am still holding them as I am being optimistic about their price pump in the upcoming alt season. Fingers crossed indeed, we shall see the market becoming more bullish in the upcoming times.
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NicNacCoin
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August 13, 2024, 04:59:52 PM |
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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.
If the Bitcoin market is a bit dumping there are many altcoins that are doubly dumping. Many people may have high hopes around this dumping that the market will be full soon. Bitcoin may be full soon but many altcoins that fall with Bitcoin may not recover its price. We have seen in 2018 and 2021 pumping that all the coins that had the highest pump and occupied the highest position were dumped so much during the dumping that till date they have not recovered, not even 100%. So I mean all the coins that are dumping more with Bitcoin in this season are more likely not to rise with Bitcoin. So it is always better to choose the best currency to invest in because if the market goes up a little it goes up a lot. Especially the best coins to invest in are Bitcoin, Ethereum, BNB Solana, all these coins except Bitcoin.
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betswift
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August 13, 2024, 08:15:13 PM |
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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.
If the Bitcoin market is a bit dumping there are many altcoins that are doubly dumping. Many people may have high hopes around this dumping that the market will be full soon. Bitcoin may be full soon but many altcoins that fall with Bitcoin may not recover its price. We have seen in 2018 and 2021 pumping that all the coins that had the highest pump and occupied the highest position were dumped so much during the dumping that till date they have not recovered, not even 100%. So I mean all the coins that are dumping more with Bitcoin in this season are more likely not to rise with Bitcoin. So it is always better to choose the best currency to invest in because if the market goes up a little it goes up a lot. Especially the best coins to invest in are Bitcoin, Ethereum, BNB Solana, all these coins except Bitcoin. Big fellas of the market lead the way in terms of stability of the investment, am I right? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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el kaka22
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August 15, 2024, 01:04:26 AM |
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While I agree that the fall was a steep one, it is not big enough that it looks as if it can never recover, it will probably recover from that without much issue. This should not be a problem and I believe that we are going to end up with a good result one way or another. Most tokens and coins will recover after this steep fall, because when market recovers it does it together and this is one of those times where it will recover easily together. This of course isn't all that simple and because of that I believe that we are going to end up being a bit more careful with it as well.
This should be very good eventually, so do not fear about what's happening, just be careful. If you invest into risky low cap coins or tokens then you may face some issues but it will not be common otherwise. Just keep on putting up money into stuff that looks trustworthy and you should be making good enough money from it without much issues, it is just as simple as that.
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2Pizza410000BTC
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stead.builders
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August 15, 2024, 01:50:33 PM |
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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.
There are many altcoins that all altcoins can rise with the pumping of the bitcoin market but there are most altcoins that cannot rise with the pumping of the bitcoin market. Dumping meme coins in particular may not increase in price much later. If the market is dumping more, it is better to buy bitcoin or ethereum instead of buying meme coin or shitcoin, there is a chance to recover later and make a profit. I bought quite a few coins and still hold them seeing that once there was a lot of profit but didn't sell all those coins are heavily dumped now due to bitcoin dumping. So much dumping all my coins are not pumping much while pumping bitcoins. So one should not rush to buy any meme coin or shitcoin during dumping bitcoin market.
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Plaguedeath
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August 15, 2024, 03:29:31 PM |
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Yep, I bought few shitcoins and the price never went back like when I bought even though Bitcoin price rise and drop, the shitcoins I bought always drop lol. But, I can't really expect anything with my shitcoins considering I bought old coins that the price is less than $1 and it never rise since Bitcoin bull season in 2021.
I will wait till next year, if there's no change, I will sell it all.
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Aanuoluwatofunmi
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stead.builders
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August 15, 2024, 06:18:50 PM |
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Before making an investment on any coin or token we have to be sure of the information's heard on them, if we don't want to risk our money invested on them, it is what has been made common that many will risk the entire investments made because that is what makes the chances for making profits, but we couldn't because of that leave everything to risk loosing our investment asset o them, we must search well and ensure that we are close the the accurate crypto to invest on.
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doomloop
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August 15, 2024, 07:09:41 PM |
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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
Actually, there are still a couple of shitcoins who can recover back from the dip. This is a sign that there are still lots of people who hope and invest at them. Their teams are also strong and they have lots of connections I.e. whales which can help to keep their project stay afloat. It was only the wise investors are the ones who can detect and abandon a dying project. When investing on a project, it was indeed important to know the devs but this is not only limited to it, I mean sometimes a project can fake it and even if we say it was legit but other aspects of their project is still lagging, it can still hinder their potential growth. For those who don't do any research, I don't think ' there are so many reasons ' on why they are like that but there is only one reason for it and that is called laziness.
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betswift
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Today at 10:20:51 AM |
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Yep, I bought few shitcoins and the price never went back like when I bought even though Bitcoin price rise and drop, the shitcoins I bought always drop lol. But, I can't really expect anything with my shitcoins considering I bought old coins that the price is less than $1 and it never rise since Bitcoin bull season in 2021.
I will wait till next year, if there's no change, I will sell it all.
Sometimes we get a bit lucky, and sometimes - the reality is a bit harsher with us. I hope you will see a greener portfolio in the next year.
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o48o
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Today at 01:39:42 PM |
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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.
1:3 is quite optimistic. I am assuming that you mean the top marketcap shitcoins, because if we dig up some data from 2022 solidus labs report and look all the issued tokens, it shows that there were over 117K scam tokens issued just in year 2022 Imagine how many more there has been after actual altcoinseason has started. And compare that to coinmarketcap that has listed like under 10k different tokens / coins. Many of these tokens end up being slow rug pulls, meaning that they slowly just die away.
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Akbarkoe
Legendary
Offline
Activity: 1302
Merit: 1046
stead.builders
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Today at 02:41:32 PM |
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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.
Cases like this often occur with altcoins, we must really look at the project directly whether it really has the feasibility to be held longer, because there are very few shitcoins that can go up again after getting their performance, not going back to ATH. The crypto market often adapts to new technologies and interopability better in terms of using the network as a service for users, so we must really pay attention to the project directly to consider whether you will stay or not invest in an altcoin project. Because of that also do not make financial mistakes in altcoin investment, your portfolio should be dominated by Bitcoin and the rest of the selected altcoins.
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Silberman
Legendary
Offline
Activity: 2604
Merit: 1360
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Today at 05:02:26 PM |
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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.
Cases like this often occur with altcoins, we must really look at the project directly whether it really has the feasibility to be held longer, because there are very few shitcoins that can go up again after getting their performance, not going back to ATH. The crypto market often adapts to new technologies and interopability better in terms of using the network as a service for users, so we must really pay attention to the project directly to consider whether you will stay or not invest in an altcoin project. Because of that also do not make financial mistakes in altcoin investment, your portfolio should be dominated by Bitcoin and the rest of the selected altcoins. The matter is that most coins should not be held for the long term or even bought when they are going down, as many people on their greed see a meme coin going down and they think this is the opportunity they have been looking for to buy the coin for cheap, but it is a trap, since meme coins have the tendency to gather a lot of support early on and then drop like a rock, so anyone buying a meme coin at that instance is wasting their money, as it is unlikely the coin will ever recover.
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