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Author Topic: What could 2024 look like for new altcoins?  (Read 3868 times)

Online EluguHcman

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Re: What could 2024 look like for new altcoins?
« Reply #15 on: January 07, 2024, 03:38:20 PM »
Until the leading AltCoins looses its potentials which is attracted to the crytop investors, I don't insight any newly invented AltCoins to take over so soon.
Besides... There is whole lot of competitions going on in the crytop space which an already existing AltCoins wouldn't be affordable to give chances to a back to back Coins overtaking them. Although there is still possibilities of overtaking and that is only when the leads coins are slacks to maintain or advances on its potential possessions to be massively adopted.

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Re: What could 2024 look like for new altcoins?
« Reply #15 on: January 07, 2024, 03:38:20 PM »

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Re: What could 2024 look like for new altcoins?
« Reply #16 on: January 07, 2024, 04:12:48 PM »
There are actually many potential projects, such as TIA, Manta which can provide profits but it is still too early to conclude, we will see whether Bitcoin will continue to progress or will be stopped by the decision of the ETF for Bitcoin

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Re: What could 2024 look like for new altcoins?
« Reply #17 on: January 07, 2024, 06:44:36 PM »
The truth is that altcoins would continue to do up and down and rediscover their values. Some new entrants in the top 10 have been noted, like Solana and Avalanche. Old occupants like EOS, etc have been moves down the list
I think we invest for profit, not because we love or hate any token, so extreme investment trends are unnecessary.

We have seen a division of investors over past few years: the first camp only supports Bitcoin because of POW and the best decentralization, the second camp laughs at Bitcoin's backwardness and only supports Altcoins. I think this drama is only interesting to observe and should not affect investment decisions.

Every investor has different tastes, and most tokens have their own potential, so the question should be what % of portfolio should be for each token group.

+ For safety purposes: Bitcoin is always the irreplaceable top choice. I think the majority, or at least 50% of capital should be in BTC.
+ For the purpose of increasing profits: top altcoins such as ETH, BNB, SOL, XRP, ADA, AVAX should be considered.
+ For impressive growth: top 50 and top 100 will be the choice for a small portion of capital.
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Offline kent47400

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Re: What could 2024 look like for new altcoins?
« Reply #18 on: January 09, 2024, 01:26:05 PM »
The new altcoins that will come seem very difficult to predict, but many say that AI type tokens will boom.
But I'm not sure about AI tokens because everything is already complex in cryptocurrencies and I've also seen these cryptocurrencies like they've run out of ideas.
But for the Layer 2 type of Ethereum coin, it seems that this will continue because the transaction fees for Ethereum coins are getting more expensive day by day and Ethereum is also getting more expensive.
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Re: What could 2024 look like for new altcoins?
« Reply #19 on: January 09, 2024, 03:17:36 PM »
Predicting specific altcoins for 2024 is challenging, but continued scrutiny on legitimacy is crucial. Established projects with solid fundamentals and innovative technology may gain traction, while investors should remain cautious of potential scams, leading to a more discerning market.
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Re: What could 2024 look like for new altcoins?
« Reply #20 on: January 09, 2024, 11:26:41 PM »
Predicting specific altcoins for 2024 is challenging, but continued scrutiny on legitimacy is crucial. Established projects with solid fundamentals and innovative technology may gain traction, while investors should remain cautious of potential scams, leading to a more discerning market.
This year is good news for all currencies because the Bitcoin halving may have a direct impact on other currencies, which will increase their prices. This month may be the beginning of the price increase; although not everything is true, there is no harm in preparing for this.

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Re: What could 2024 look like for new altcoins?
« Reply #21 on: January 10, 2024, 05:29:16 AM »
What I see is, many altcoins with L2 ideas such as Manta and Starknet, investors use many moments to invest, for example information from the SEC about Bitcoin ETFs, I think investors can go back to the market and choose the coin they want to buy

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Re: What could 2024 look like for new altcoins?
« Reply #21 on: January 10, 2024, 05:29:16 AM »


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Re: What could 2024 look like for new altcoins?
« Reply #22 on: January 10, 2024, 07:02:04 AM »
What I see is, many altcoins with L2 ideas such as Manta and Starknet, investors use many moments to invest, for example information from the SEC about Bitcoin ETFs, I think investors can go back to the market and choose the coin they want to buy
Securities and Exchange Commission Chairman Gary Gensler called on Congress to expand the SEC's powers to regulate transactions with crypto assets. According to him, most of the cryptocurrencies are securities and must come under the supervision of the SEC. This will protect investors from speculation and manipulation.
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Re: What could 2024 look like for new altcoins?
« Reply #23 on: January 10, 2024, 02:53:31 PM »
Until the leading AltCoins looses its potentials which is attracted to the crytop investors, I don't insight any newly invented AltCoins to take over so soon.
Besides... There is whole lot of competitions going on in the crytop space which an already existing AltCoins wouldn't be affordable to give chances to a back to back Coins overtaking them. Although there is still possibilities of overtaking and that is only when the leads coins are slacks to maintain or advances on its potential possessions to be massively adopted.
Now the value of altcoins has been destroyed because of the large number of new altcoins which have damaged the quality of altcoins, making few people interested in altcoins so that investors refrain from investing in altcoins... and be careful when choosing altcoins to invest in so that you don't fall into the trap of hungry wolves.
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Re: What could 2024 look like for new altcoins?
« Reply #24 on: January 10, 2024, 03:00:10 PM »
Until the leading AltCoins looses its potentials which is attracted to the crytop investors, I don't insight any newly invented AltCoins to take over so soon.
Besides... There is whole lot of competitions going on in the crytop space which an already existing AltCoins wouldn't be affordable to give chances to a back to back Coins overtaking them. Although there is still possibilities of overtaking and that is only when the leads coins are slacks to maintain or advances on its potential possessions to be massively adopted.
Now the value of altcoins has been destroyed because of the large number of new altcoins which have damaged the quality of altcoins, making few people interested in altcoins so that investors refrain from investing in altcoins... and be careful when choosing altcoins to invest in so that you don't fall into the trap of hungry wolves.
That's right, now many investors refrain from investing in altcoins, causing the value or quality of altcoins to fall and everyone sees that altcoins are coins that are not good to save for the future... most investors turn to coins that are definitely like coins btc, ethereum, bnb, sol, etc... so my advice to you is don't invest in altcoins for Semarang if you don't want to take risks.
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Re: What could 2024 look like for new altcoins?
« Reply #25 on: January 10, 2024, 03:05:16 PM »
Predicting specific altcoins for 2024 is challenging, but continued scrutiny on legitimacy is crucial. Established projects with solid fundamentals and innovative technology may gain traction, while investors should remain cautious of potential scams, leading to a more discerning market.
This year is good news for all currencies because the Bitcoin halving may have a direct impact on other currencies, which will increase their prices. This month may be the beginning of the price increase; although not everything is true, there is no harm in preparing for this.
Usually like that there will be an increase at the beginning of Bitcoin's increase until the Halving occurs, but that is only for Bitcoin, not for Altcoins, in fact there will be a decrease, as has been the case in the past few years, for example in 2019/2020, usually the price increases simultaneously. ahead of the 4-year cycle, usually several prices in all crypto markets will rise and likewise several Altcoins will appear as prices increase in all markets.

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Re: What could 2024 look like for new altcoins?
« Reply #26 on: January 10, 2024, 11:01:06 PM »
not for Altcoins, in fact there will be a decrease,  ...Altcoins will appear as prices increase in all markets.
Yes Bitcoin will increase in price and likewise to altcoins because last year altcoins also show a significant increase in price and in quantity. There are lot of new altcoins in the market and most of them are doing well in the cryptocurrency market. And I believe this year the price increment and new cryptocurrency increment will hit the system again.

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Re: What could 2024 look like for new altcoins?
« Reply #27 on: January 10, 2024, 11:26:57 PM »
It is not possible to predict the price of cryptocurrency; perhaps there are hundreds to thousands of cryptos in the market. As such, it is difficult to actually know the one that can make a 100x to 1000x profit this year or next. There is also every possibility that you could invest in an altcoin, thinking it could do 1000x, but it might end up with -1000x. Before investing in any altcoin, it is better to always decide to accept whatever loss you may also face.

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Re: What could 2024 look like for new altcoins?
« Reply #28 on: January 10, 2024, 11:27:35 PM »
It is known to us that many new altcoins are entering all exchanges big and small. What new altcoins do you think will rule this year?
Should it be the new altcoins?
Well, actually, I personally am not a fan of new altcoin projects, especially ones that are really growing, which are generated and rising because of hype alone. Because after all it is a kind of project that is quite high risk so it might not be very suitable for my way of investing in cryptocurrency. Because after all, when a new project experiences hype, it usually rises significantly. but then the price will drop again drastically quite quickly so that sometimes we don't have time to anticipate it.

I've heard of some new altcoin projects that might be quite interesting. Just try checking NVL projects or AI-based projects if necessary.Personally, I prefer top altcoin projects that already have a high market cap so that we can probably predict more about the long term.

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Re: What could 2024 look like for new altcoins?
« Reply #29 on: January 18, 2024, 11:46:50 PM »
It is not possible to predict the price of cryptocurrency; perhaps there are hundreds to thousands of cryptos in the market. As such, it is difficult to actually know the one that can make a 100x to 1000x profit this year or next. There is also every possibility that you could invest in an altcoin, thinking it could do 1000x, but it might end up with -1000x. Before investing in any altcoin, it is better to always decide to accept whatever loss you may also face.
Usually the price movement of a token that can rise up to 1000x is a project such as an exchange or a project that develops another technology that has high demand in society, so it will have a very high price, but you need to pay attention. Not all altcoins will have that opportunity because it is not easy to develop a project that is completely useful for society.

 

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