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Author Topic: Many altcoins may not recover this fall.  (Read 689 times)
Agbamoni
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September 05, 2024, 09:20:17 PM
 #61

I don't buy and hold shitcoins or meme coins it is not advisable by the expert if you buy it it will be very risky and posible loss will occur,i believe that there are a lot of shitcoins and meme coins on the market and it can really make us loss if we will invest into them not all of them but most,so we should always do proper investigation every coin that we want to invest for good.

some meme coins are good but 99% of them are plain scam, it's understandable that you want to avoid it altogether, finding good meme coin is like finding needle in a haystack, almost impossible but still possible.
the one that are hidden gems usually are the meme coin with 100% circulation and owned by no one (deployer already dipped to make few dollars profit LOL Grin).

regardless I think investing in meme coin that still trending significantly better than investing into a coin where VC allocation is huge, basically we're waiting for the VC to dump their coin in our face.

but guess what, sticking with solana in the bitcoin turbulence could give good profit as long as you buy only at dips.
Your not wrong when you said the best time to invest in meme coins is when they are on hype. Hype and influence from social media marketers are what make meme coin successful. Without that, it is nothing but a shitcoin. Once the hype surrounding a meme coin starts to depreciate te project tends to come to an end. As an investor, if we catch up a meme coin at that early stage it is likely possible that we will make good profit within the short period. Another thing is that we do not have to wait for the hype to start fading away before we think of taking our profits, once we have the gains it is best to sell off in other to avoid missing out on the opportunity. The reason is that you don't know when such projects will decide to dump their coins, there could be hype within 2 days causing an increase in the price of the meme coin and the next day the price of the coin will be down dramatically.

.
Duelbits
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dunfida
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September 06, 2024, 02:58:11 PM
Last edit: September 06, 2024, 03:11:54 PM by dunfida
 #62

I don't buy and hold shitcoins or meme coins it is not advisable by the expert if you buy it it will be very risky and posible loss will occur,i believe that there are a lot of shitcoins and meme coins on the market and it can really make us loss if we will invest into them not all of them but most,so we should always do proper investigation every coin that we want to invest for good.

some meme coins are good but 99% of them are plain scam, it's understandable that you want to avoid it altogether, finding good meme coin is like finding needle in a haystack, almost impossible but still possible.
the one that are hidden gems usually are the meme coin with 100% circulation and owned by no one (deployer already dipped to make few dollars profit LOL Grin).

regardless I think investing in meme coin that still trending significantly better than investing into a coin where VC allocation is huge, basically we're waiting for the VC to dump their coin in our face.

but guess what, sticking with solana in the bitcoin turbulence could give good profit as long as you buy only at dips.
Your not wrong when you said the best time to invest in meme coins is when they are on hype. Hype and influence from social media marketers are what make meme coin successful. Without that, it is nothing but a shitcoin. Once the hype surrounding a meme coin starts to depreciate te project tends to come to an end. As an investor, if we catch up a meme coin at that early stage it is likely possible that we will make good profit within the short period. Another thing is that we do not have to wait for the hype to start fading away before we think of taking our profits, once we have the gains it is best to sell off in other to avoid missing out on the opportunity. The reason is that you don't know when such projects will decide to dump their coins, there could be hype within 2 days causing an increase in the price of the meme coin and the next day the price of the coin will be down dramatically.
But you should really be careful with meme coins because when the hype dies down then it would really be that over for your investment and you would really be ending up with those shit tokens that you do have in bag.
Devs usually rug out their projects on the time that the hype is gone or community support and move out on making another new project and rinse and repeat kind of process on which they do know that they could make money with it. Speaking about survival of projects then it would really be that entirely be depending on the project itself and just like been mentioned by other users in other pages that it would really be having that different approach when it comes to various areas on which there would really be those people who would really be that having a fan of dealing with meme coins and there are ones who do really like to deal up with
those established or solid coins.

Recovery would really be always talking about community demand or support on which if the projects had been abandoned by the community or simply into its investors then there's no way that it would really be able to recover. This is why it would really be that important that you should really be that at least be considerate on the actions that you are taking and not really just that rushing up on dealing with something
that you dont have any idea specially with meme coin trading. Risks is really that too high and could cause up too much loses if you dont know on what you are doing.

Tigerheart3026
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September 09, 2024, 04:53:10 PM
 #63

The more advanced the crypto world, the more new projects compete with different concepts because they adapt to the modern era. Many altcoins or large projects are dim due to the lack of following the modern era. Investors move to other projects because of the potential needed, if there is a lack of community potential and others. Altcoins tend to decline if the project founders are less innovative
yes, who's investors are experienced in the market they will never buy back-dated project tokens, this is AI and highly updated technologies era, so new projects are coming with new technologies so peoples left from old projects and invest in new projects which developed with new concept. old project are going to disappearing day by day.

FortuneFollower
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September 11, 2024, 09:55:04 AM
 #64

The more advanced the crypto world, the more new projects compete with different concepts because they adapt to the modern era. Many altcoins or large projects are dim due to the lack of following the modern era. Investors move to other projects because of the potential needed, if there is a lack of community potential and others. Altcoins tend to decline if the project founders are less innovative
yes, who's investors are experienced in the market they will never buy back-dated project tokens, this is AI and highly updated technologies era, so new projects are coming with new technologies so peoples left from old projects and invest in new projects which developed with new concept. old project are going to disappearing day by day.

Yeah, innovation leads the way, it was always this way.
New changes the old.
AI is a trend, the one that is now sometimes used just for the overall picture rather than the utility.
imamb
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September 11, 2024, 07:53:33 PM
 #65

The more advanced the crypto world, the more new projects compete with different concepts because they adapt to the modern era. Many altcoins or large projects are dim due to the lack of following the modern era. Investors move to other projects because of the potential needed, if there is a lack of community potential and others. Altcoins tend to decline if the project founders are less innovative
yes, who's investors are experienced in the market they will never buy back-dated project tokens, this is AI and highly updated technologies era, so new projects are coming with new technologies so peoples left from old projects and invest in new projects which developed with new concept. old project are going to disappearing day by day.
because following the times makes an update because the world will continue to be like that, only the difference is how long it will last. since 2017 alone there have been thousands of projects and project founders always manage crypto needs to always perfect. I think this AI trend will be long-term because the global elite will try hard to achieve the targets of the modern world

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FortuneFollower
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September 12, 2024, 06:02:03 AM
 #66

The more advanced the crypto world, the more new projects compete with different concepts because they adapt to the modern era. Many altcoins or large projects are dim due to the lack of following the modern era. Investors move to other projects because of the potential needed, if there is a lack of community potential and others. Altcoins tend to decline if the project founders are less innovative
yes, who's investors are experienced in the market they will never buy back-dated project tokens, this is AI and highly updated technologies era, so new projects are coming with new technologies so peoples left from old projects and invest in new projects which developed with new concept. old project are going to disappearing day by day.
because following the times makes an update because the world will continue to be like that, only the difference is how long it will last. since 2017 alone there have been thousands of projects and project founders always manage crypto needs to always perfect. I think this AI trend will be long-term because the global elite will try hard to achieve the targets of the modern world

The AI trend will be there, though its implications and real innovation in some projects is questionable.
Globals and some big fellas can use the hype train for the funds given for it, but it won't go further than that. We will see about that.
betswift
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September 13, 2024, 10:05:23 AM
 #67

The more advanced the crypto world, the more new projects compete with different concepts because they adapt to the modern era. Many altcoins or large projects are dim due to the lack of following the modern era. Investors move to other projects because of the potential needed, if there is a lack of community potential and others. Altcoins tend to decline if the project founders are less innovative
yes, who's investors are experienced in the market they will never buy back-dated project tokens, this is AI and highly updated technologies era, so new projects are coming with new technologies so peoples left from old projects and invest in new projects which developed with new concept. old project are going to disappearing day by day.

Usually new doesn't mean good, especially for investment purposes.
But, everybody's choice, really.
Innovation drives progress and funds towards itself, and it's great when it for real use-cases, not for the marketing picture of it.

imamb
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September 13, 2024, 11:57:14 AM
 #68

The more advanced the crypto world, the more new projects compete with different concepts because they adapt to the modern era. Many altcoins or large projects are dim due to the lack of following the modern era. Investors move to other projects because of the potential needed, if there is a lack of community potential and others. Altcoins tend to decline if the project founders are less innovative
yes, who's investors are experienced in the market they will never buy back-dated project tokens, this is AI and highly updated technologies era, so new projects are coming with new technologies so peoples left from old projects and invest in new projects which developed with new concept. old project are going to disappearing day by day.

Usually new doesn't mean good, especially for investment purposes.
But, everybody's choice, really.
Innovation drives progress and funds towards itself, and it's great when it for real use-cases, not for the marketing picture of it.
new projects certainly have great potential for the initial introduction of the community with various innovations that will be issued. keep using research first if we really understand the project research from the concept and have big partners, it certainly has great long-term potential. especially where the bull season is happening to be a big altcoin strength

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lixer
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September 14, 2024, 07:42:49 PM
 #69

new projects certainly have great potential for the initial introduction of the community with various innovations that will be issued. keep using research first if we really understand the project research from the concept and have big partners, it certainly has great long-term potential. especially where the bull season is happening to be a big altcoin strength
Not all new projects have great potential. Some of them might indeed have great potential for the future but one needs to do a lot of research before one can conclude because some projects will also show a lot of activities and developments at the initial stage to their communities to build trust but as time passes by, the project starts falling apart. I have seen such things happening in the past where even the team was very active in doing promotions and doing all sorts of developments, but in the end, they couldn't manage the project and it fell apart.

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.

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September 14, 2024, 11:59:03 PM
 #70

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 is why Altcoins remains an unhealthy alternative when investing in cryptocurrency, Bitcoin has gotten that stability most of these coins does not and almost will never get, for such falls, you can be sure some may Altcoins may rug pull or get dumped totally and that's why the are easily used fro scam projects but never can Bitcoin be associated or used fro such successfully because with Bitcoin it's a very different game, the stability around it is such that wouldn't allow it get to that point of been swead by the regular cycle movement where we get to the bulls and bear seasons.

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September 17, 2024, 06:25:26 AM
 #71

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 is why Altcoins remains an unhealthy alternative when investing in cryptocurrency, Bitcoin has gotten that stability most of these coins does not and almost will never get, for such falls, you can be sure some may Altcoins may rug pull or get dumped totally and that's why the are easily used fro scam projects but never can Bitcoin be associated or used fro such successfully because with Bitcoin it's a very different game, the stability around it is such that wouldn't allow it get to that point of been swead by the regular cycle movement where we get to the bulls and bear seasons.

Big alts are also no scam, investing in ETH, SOL, TON - it all will pay off in the future to come, just like the BTC, albeit that some of them would follow it's footsteps and feel the fluctuations from it on themselves.
That's my opinion, of course.
We talk about old coins, new ones - sure, they can go downwards or badly, it's the truth, but there are options, go for BTC or for the big, reliable alts.
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September 17, 2024, 05:53:31 PM
 #72

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

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September 20, 2024, 06:06:45 AM
 #73

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?
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September 20, 2024, 08:53:54 PM
 #74

new projects certainly have great potential for the initial introduction of the community with various innovations that will be issued. keep using research first if we really understand the project research from the concept and have big partners, it certainly has great long-term potential. especially where the bull season is happening to be a big altcoin strength
New projects would continuosly to emerged on which it is way more better than with those old projects/platforms/coins that we do know that are currently existing in the market. Cant really be denied
that it is really that looks appealing for us to make out some investment on which it would really be just that according into your own choice and risks taking.
We cant be able to deny that even into those old projects are being that overtaken in terms of features and other aspects but still we can see that there's
a solid community or supporters of it until now.


I'm in the mood to click buttons again...  Grin  Post some of your favorite testnets, Galxe campaigns and Zealy quests below.  I'll do them all.  Cheesy

If there's a time to start looking for airdrops again, it is def now!  The market looks like it's starting to recover lost ground and with that, the guys who were grinding airdrops are now busy trading.  That means less competition in getting eligibility.  Wink

Keep clicking...
Im not sure if the interest of those airdroppers or bounty hunters had come down on which if you do tend to look around specially on facebook pages
or groups then you could really be able to see that there are still tons of people who are really that getting engaged with airdrops specially on galxe tasks
or testnet or any other tasks as long they would really be that become eligible.

R


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dansus021
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September 22, 2024, 03:04:59 PM
 #75

Many altcoins may not recover this fall. this is true and this happen from the last bull market I mean if you look at the chart there are bunch of token or coin that fail to recover, if you see the old token like cardano xrp and bunch other doesn't recover in the last bull market 3 years ago.

and maybe there is so much token that fail recover again this altseason for now just invest to project who have active development and active community just advice

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FortuneFollower
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September 22, 2024, 06:34:58 PM
 #76

Many altcoins may not recover this fall. this is true and this happen from the last bull market I mean if you look at the chart there are bunch of token or coin that fail to recover, if you see the old token like cardano xrp and bunch other doesn't recover in the last bull market 3 years ago.

and maybe there is so much token that fail recover again this altseason for now just invest to project who have active development and active community just advice

..Or they are old and reliable in the long run.
That's why they would be better in terms of stability if compared with the relatively new alts.
Many will fail, but some - will prosper.
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September 23, 2024, 11:58:40 AM
 #77

Many altcoins may not recover this fall. this is true and this happen from the last bull market I mean if you look at the chart there are bunch of token or coin that fail to recover, if you see the old token like cardano xrp and bunch other doesn't recover in the last bull market 3 years ago.

and maybe there is so much token that fail recover again this altseason for now just invest to project who have active development and active community just advice

..Or they are old and reliable in the long run.
That's why they would be better in terms of stability if compared with the relatively new alts.
Many will fail, but some - will prosper.

That is kinda true I mean if we take a look at the coin like litecoin dashcoin monero cardano xrp all of them still have good community that support of each of that project tho i want all of it reach its new ATH like it previous 2017




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.Duelbits.
..........UNLEASH..........
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DUELBITS
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SPORTS
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September 23, 2024, 06:09:53 PM
 #78

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

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September 24, 2024, 06:46:24 PM
 #79

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
I can't say if TON will grow like Ethereum price but TON has gained a lot of popularity and is on its way to gain more popularity so the future of TON is very bright.  Pretty much everyone who is interested in investing and always invests has invested in TON coins because a very good quality coin will definitely increase in price.  A few days ago TON price was very low but now being the most trending, TON coin is gaining popularity overnight and the price is also increasing.

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September 24, 2024, 07:49:36 PM
 #80

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 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..

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