What if it happened to another coin??

[ebuald5 14]

In my point of view, it is quite difficult for a currency to recover from a big drop like Bitcoin would, they generally fall and stay there for a long time instead Bitcoin is more volatile. The bad thing about other currencies falling and not being able to recover is the loss of money that they generate for people who invest in this world and lose all love for cryptocurrencies for this fact, it is sad, but that is the market.

[Backtomiami 45]

In our world of total decentralization, we can no longer be sure of anything. 4 months ago, TWT cost a penny, and now it periodically experiences incredible UPS and less harmful falls. Some coins could not overcome the minimum capitalization level at all. Of course, BTC has made a name for itself and it is already hard to doubt it. But the founding companies of various cryptocurrencies, which are less popular than bitcoin, but no worse, try to always keep their coins afloat. Therefore, I have no doubts about the coins that are supported by reliable companies.

[Heisenberg 3301 1]

One day just a coin bought for 1,000 will be worth 10,000

[Heisenberg 3301 1]

 I think there have been many examples besides bitcoin.

[mzk7736 1592]

Bitcoin had a huge market value that's why it was able to withstand this condition. Any other coin facing this situation would have been dead in that bear phase.

[Dorjoy12 8962]

Ofcourse if it happen with low value coin such as trx, xrp or doge then we can see the coin will  be dead as soon as possible because all the investor of those coin then go for invest in another altcoin by sell those coin any how..  But now a days its look like myth because almost all of the coin has now good support especially Binance listed coin..            

[Teminali69 1081]

On 11/26/2019 at 5:23 PM, ibtismanipun said:

Yeah it's true that bitcoin is the most popular cryptocurrency right now. And because of that it's an obvious fact that if another coins price fall too low it would be dead because of it's poor popularity.

Then do yo agree that investment in any other coins that is not the list of the top coins is extremely risk and dangerous?

[Mark wood 2970]

8 hours ago, Dorjoy12 said:

Ofcourse if it happen with low value coin such as trx, xrp or doge then we can see the coin will  be dead as soon as possible because all the investor of those coin then go for invest in another altcoin by sell those coin any how..  But now a days its look like myth because almost all of the coin has now good support especially Binance listed coin..            

@Dorjoy12 absolutely right mate BTC isn't a small coins which will dead because through BTC many members are getting huge profit and many expert know about BTC price they predict the price and exactly it hit the same and now the price of BTC is so high and increasing more ..

[Cleaner 2549]

10 hours ago, Dorjoy12 said:

Ofcourse if it happen with low value coin such as trx, xrp or doge then we can see the coin will  be dead as soon as possible because all the investor of those coin then go for invest in another altcoin by sell those coin any how..  But now a days its look like myth because almost all of the coin has now good support especially Binance listed coin..            

@Dorjoy12..We are noticing that the price of Bitcoin is increasing day by day, resulting in declining demand for other currencies.  However, there are some low quality currencies.  However, if their investors and traders decrease and there is no supply and demand, these coins will die.  However, downward currencies will not die easily on the Binance platform

[Dorjoy12 8962]

4 hours ago, Mark wood said:

@Dorjoy12 absolutely right mate BTC isn't a small coins which will dead because through BTC many members are getting huge profit and many expert know about BTC price they predict the price and exactly it hit the same and now the price of BTC is so high and increasing more ..

 First we need to remember that every coin price depends on bitcoin price so usually when btc pump then altcoin pump too because of some specific reason..  Again btc wont vanish if it touch low price because btc has lot of number hard holder and investor who aim to hold btc if it touch 1k usd too..  But you cant find this kind of Investor in another coin.                 

[MuhammadSh 3067]

Each coin has its project and strategies to recover.. also each coin has its reputation! the reputation of bitcoin is really great and that's why it didn't destroyed till now especially because of the number of people who believe in its future is increasing day by day! and there area many weak coins go down without being able to recover again but they deserve that in my opinion! because it's all about the supply and demand so if the developers of is couldn't attract people to buy their coin so their project wouldn't even success..

[joemcgwa 3227]

On 11/25/2019 at 9:29 AM, wilbertson said:

We all remember that time when BTC went all the way down to 3k we all suffered and some panicked that it was the end of btc, then even mining became unprofitable. What if that happened to another coin, people lose hope then they sell it all never to buy again. 

I think people kept hope in btc because of it's rank. If it was another coin it would have surely died for good.

What do you guys say?

You are right bitcoin is mostly trusted that's why it still stronger than any currency till today and we have seen some coins is likely going to die because their trust is decreased such as bitcon cash.

[Jack4938 0]

I ruminate it is the temperament of our corpse and intellect yo become panic as soon as we make out consequences are each time obtainable down.abd if thats will transpire to other coin i mull over if that coin us not on upper ten they will be snapped up it and in no way good buy over again
 

[Teminali69 1081]

12 hours ago, Rumaichabinte said:

You need to be cool in the world of cryptocurrency and not be afraid of changes in the rate. Small coin or token i think yes and they maybe need long time to recover.

Some simply never recover, if one wants to do risk free investment one of the things to consider is to never invest in coins with low volume or liquidity.

[Foysal2020 459]

I don't really understand what you mean here. As far as I understand why you don't like other coins. It's all about it. There are other coins since and bitcoin coins and cryptocurrency coins are very important and have their own dominance and importance.  Thanks for giving

[Jat Ala 377]

It's not about another coin it's about the value of that coins which is more important, business is good with new coins but its little bit risky 

[Mridul Rahman 1058]

I think you are mostly right. As bitcoin is the number 1 currency of cryptoworld, people have the most trust in it. They believe that bitcoin can never fail. That's what is happening right now. Bitcoin is gaining the trust of every investor. I think in term of eth people will do the same. But in term of ltc it will quite different.

[Ramz99737 1196]

Yes, you are right, had it happened with a currency other than Bitcoin it would have died out, but Bitcoin is different from other currencies, it is a strong currency and a lot of people are interested in this currency.

[fanylu 505]

You can be very right friend Bitcoin has survived because people are very interested in it and it is very popular, the difference from other currencies that fall too low is because they have not been as popular as Bitcoin.
 

[Soopao 17]

Yes, you are right, had it happened with a currency other than Bitcoin it would have died out, but Bitcoin is different from other currencies, it is a strong currency and a lot of people are interested in this currency.I am new member on this forum and i am completing our 100 posts

[Teminali69 1081]

If it happened to another coin then it would depend on how much liquidity that coin have, otherwise that coin would die for sure.

[Jandancoin 482]

On 11/25/2019 at 7:29 AM, wilbertson said:

I think people kept hope in btc because of it's rank. If it was another coin it would have surely died for good.

What do you guys say?

There are many coins that were affected too, ethereum, litecoin and may other ones were all affected, but the strong ones did not also die. There are many good altcoins too. 

[abdullah553 1981]

On 11/25/2019 at 8:29 AM, wilbertson said:

We all remember that time when BTC went all the way down to 3k we all suffered and some panicked that it was the end of btc, then even mining became unprofitable. What if that happened to another coin, people lose hope then they sell it all never to buy again. 

I think people kept hope in btc because of it's rank. If it was another coin it would have surely died for good.

What do you guys say?

Perhaps the matter has become normal today. The market will go down and rise, related to the real world
But in general, the currencies will rise significantly during the coming period

[Mwangi 5611]

Well thats true , every single coin out there is bound to do this its bound to bring in those mistakes and that becomes really painful but when you look at what happens around here there is a lot of work to progress a coin some of this mistakes happen when the coin is not well build up it really requires you understand each coin perfectly that is really important.

[Mella 3680]

Bitcoin was dropped low but it was not this low as other coins did. This makes the altcoins very dangerous for investment and long term it can make us lose money. When you see Bitcoin at 20k and Ethereum at 600 I am prefer to buy Bitcoin.