Post
Topic
Board Altcoin Discussion
Re: Altcoins dead?
by
dzypher
on 19/11/2023, 10:28:15 UTC
Yes this is true that downturn is decreasing the price of certain coins so those who become able to survive pump again when accurate time comes and all other which have no future will goes down forever. This does not mean that all coins becomes zero in value after downturn therefore patience and waiting is the only way during bear market that can prevent you from losing huge money. We should not think that once bear market initiate then crypto existence will end but we should think that this bear market is good for buyers and bull run is good for sellers.

Everyone knows that coming market will be bullish and all those coins holder which have no hope that their coins will one day pump will see that how profitable is the technology of holding and investment. Some people have lots of coins in their wallet that does not have any value so whenever market boom they get huge profit from it so always think that bear market favours everyone.


The cyclical nature of the market, with periods of downturns followed by potential upswings, is a well-recognized pattern. The emphasis on patience, strategic decision-making, and the belief in the long-term potential of certain technologies aligns with many investors' perspectives in the cryptocurrency space.

It's worth noting that the cryptocurrency market is inherently volatile, and while historical patterns can offer insights, they don't guarantee future outcomes. Each investor's approach should be based on their risk tolerance, financial goals, and a thorough understanding of the projects they choose to invest in.