Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: pambeasely1 on February 22, 2022, 01:52:13 PM
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Alts such as AVAX, MATIC, Terra(LUNA) are some potential contenders for buyers
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Altcoins in this market have so far generally followed the price movements of bitcoin, as bitcoin still has 42.1 percent price dominance. We can see this even now. Falling in the price of bitcoin, falling in price and altcoins. Only in some cases, individual altcoins can go against the price of bitcoin. Therefore, I do not think that it is possible to speak directly about the immunity of even individual altcoins. In certain periods - yes, not in relation to some altcoins on an ongoing basis.
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Alts such as AVAX, MATIC, Terra(LUNA) are some potential contenders for buyers
There’s no such thing as altcoins being “immune” towards bearish market trends with the exception of stablecoins. They are all subject to market volatility and were mostly influenced by Bitcoin’s price movement. This is the reality nowadays ever since BTC was born.
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Alts such as AVAX, MATIC, Terra(LUNA) are some potential contenders for buyers
There’s no such thing as altcoins being “immune” towards bearish market trends with the exception of stablecoins. They are all subject to market volatility and were mostly influenced by Bitcoin’s price movement. This is the reality nowadays ever since BTC was born.
agreed, There’s no such thing as altcoins being “immune” towards bearish market trends with the exception of stablecoins.
Bitcoin price alway influence the crypto market.
I didn't see there is altcoins which didn't being influenced by bitcoin performance.
Bitcoin is still the King of crypto currency and always be trend centre.
when bitcoin dump, almost all of altcoins will dump, aas you said exception stable coins , USDT and other.
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Alts such as AVAX, MATIC, Terra(LUNA) are some potential contenders for buyers
I also think that those three altcoins have potential to at least survive during the bearish market. Because they have value and also fundamentals that offer good use cases. Additionally, their team is clear enough and has good track record so far.
These can follow he hourney of ETH and also BNB
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Not immune to the trend of price changes in the market, but indeed these coins are still hype and get special attention from traders and investors.
So the price tends to increase even though the market is down, I agree with the comments above that no altcoins are immune to market trends except stable coins!
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Not immune to the trend of price changes in the market, but indeed these coins are still hype and get special attention from traders and investors.
So the price tends to increase even though the market is down, I agree with the comments above that no altcoins are immune to market trends except stable coins!
Yeah several coins , especially new coins still going up while bitcoin going down.
It's just hype.
I don't think there is coin that being affected by bitcoin progress.
We all know about it.
Bitcoin is the pioneer of crypto currency and altcoins just follower. Altcoins will follow bitcoin.
Stable coins will always stable, It's sure.
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As far as In can observe, there is never any alt that can be "immune" to the bearish market mood and we are in that situation right now. However, there can be some exemptions from time to time all because maybe the attention of the market has been shifting to them. And this can be happening from time to time. Usually, the whole crypto industry is following the lead established by Bitcoin in many cases when it is going down the lane, almost all can feel the impact but in cases where it is going up some altcoins can also follow the same but not in all cases - again there will always be exemptions to the norm.
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Alts such as AVAX, MATIC, Terra(LUNA) are some potential contenders for buyers
I think those coins are just still growing because hype, not immune.
I don't believe about there are immune coins while bitcoin is going down.
Altcoin will go down too.
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I think those coins are just still growing because hype, not immune.
I don't believe about there are immune coins while bitcoin is going down.
Altcoin will go down too.
You are right. There are no altcoins that have "immune" against the bearish or downtrend. If Bitcoin drops, all altcoins follow the drop/decrease in Bitcoin. That's why people say Bitcoin is the mother or father of altcoins, it is influenced very much all altcoins. If some altcoins are still increasing right now, probably they have some good issues. When it is over, their prices to drop as well.
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As far as In can observe, there is never any alt that can be "immune" to the bearish market mood and we are in that situation right now.
that's true, Current market is bearish, Almost all altcoin go down because bitcoin price goes down.
Bitcoin progress always being followed by altcoin.
As you said, no coins will immune while bearish season.
Maybe several coins will pump, but it's temporary.
I believe It will go down soon.