BlockchainBlockchain GuideBitcoin (BTC) and cryptos: what is ATL?

Bitcoin (BTC) and cryptos: what is ATL?

The abbreviation ATL is used to speak of “all time low”, which in French means “lower historic”. However, it should be noted that in most French-speaking crypto media, the English term ATL is almost always used.

When the value of a digital asset hits an all-time low, it could be for several different reasons. It is important to understand them well so that you can spot interesting investment possibilities and avoid financial fiascos by putting your money on bad projects.

When can a cryptocurrency reach its all time low?

It is possible that a cryptocurrency will reach its all time low when investors have lost faith in the project. This is the case, for example, when no promises have been kept or the leaders laugh at the community. As a result, investors find it difficult to see the project succeed in the long term and prefer to part with their tokens by selling them, which creates a much larger supply than demand.

In some cases, a project can reach its ATL when entering a bear market. In this type of market, it is not uncommon for many cryptocurrencies to lose 90 or 95% of their value, even if the project is solid and delivers on its promises.

You must therefore be able to identify what situation you are in in order to know why a token has seen its value plunge to its all-time low. In the first case, it is because it is a scam or a project that will never succeed, in the other, it is because the market conditions are difficult for everyone. .

An ATL can be expressed either in a fiat currency (euros, dollars, etc.), or in satoshis, that is to say in relation to the value of Bitcoin. A low dollar value is usually a sign that you are in a bearish market, while a low capitalization relative to Bitcoin means that the project does not have much of a future.

Should you buy when a digital asset has reached its ATL?

We could be tempted to invest in a project that has just reached its ATL because we can think that the price will not be able to go lower. However, it is very important not to invest with closed eyes on a token whose value has reached its all-time low.

Indeed, if the project is a scam or the team is no longer working on it, it should not be hoped that its value goes up in the future. Even if the price seems very low, you should be aware that it can go much lower until it reaches 0. In this case, you would then lose all the money you would have invested in it.

However, if the project is solid, the leaders are still communicating with the community, some promises have been fulfilled, and many people still have confidence in this cryptocurrency, then this is a great investment opportunity.

It is important to do your research well to know the situation in which the project you wish to invest is located. In one case, investing in ATL is probably the opportunity that offers the best returns over the long term if the project is strong, in the other, you will simply throw your money out the window. When in doubt about the long-term viability of a digital asset, we advise you not to invest in it and to look for a more promising cryptocurrency.

Conclusion on ATL

ATL is the lowest price that a cryptocurrency has reached in its lifetime. There are two possibilities to express it, either via a fiat currency or in satoshis . If a digital asset hits its all-time low, then it can either choose a great investment opportunity or a project that should be avoided at all costs.

We can’t say it enough, but you have to be very careful before investing in cryptocurrencies. When a digital currency reaches its ATL, it is important to know the exact reasons and you should not hesitate to consult several different specialized sites for convergent information.

Florent Malice
Florent Malice
Malice is an Irish sports journalist and former amateur and part-time road bicycle racer, He wrote for The Sunday Times newspaper and others, and published a number of books.

Latest news

World Blockchain Summit Set the Stage for a Decentralized Future with Ground-breaking Insights and Collaborations

The 24th edition of World Blockchain Summit – Dubai 2023, under the patronage of HH Sheikh Juma Ahmed Juma...

Tap Payments and PayPal partner to expand global reach for MENA businesses

Dubai, March 23, 2023, ZEXPRWIRE,  Tap Payments, the leading fintech company in the Middle East and North Africa (MENA)...

Future Blockchain Summit partners with Paris Blockchain Week and Speaks on Opening Panel at the Louvre

Paris, France, March 14, 2023, ZEXPRWIRE, Future Blockchain Summit has become a partner event of the Paris Blockchain Week...

CoinMarketAlert – An Exceptional Crypto Price Alerting Tool For Effective Portfolio Management.

Zurich, Switzerland, March 10, 2023, ZEXPRWIRE, CoinMarketAlert is a groundbreaking crypto price alerting service that offers an efficient way...

Unleashing the Heroic Tales of K9 Veterans: The Popular Pets Honors Canine Soldiers on K9 Veterans Day

HOLLISTER, CA, March 9th, 2023, ZEXPRWIRE, Hold on to your leashes K9 Veterans Day is just around the corner,...

Nuritopia Surprises Its Community with a New Airdrop Voting Event

Seoul, Korea, March 6, 2023, ZEXPRWIRE, Nuritopia, the social dating metaverse aiming at connecting people together worldwide, is offering...

Must read

USD 19,500, the new key price of bitcoin to start an upward movement

Key facts: In the past, $19,500 has been a resistance...

Blockchain IDOs and Presales You Should Know About

There’s never a lack of new projects opportunities when...

The 10 rules to prepare for the crypto bear market by the savvy investor

While the Bitcoin and cryptocurrency market reached a record capitalization in...

Latin America’s E-commerce Giant Opens Up To Buying Bitcoin

Bitcoin (BTC) and cryptocurrencies are increasingly accepted every day for...

Binance Welcomes Arbitrum – Ethereum’s Second Layer!

For many months, the Ethereum (ETH) network has faced...

You might also like
Recommended to you