Bitcoin Forum

What do you have after a while finding out about altcoin. Can we lose so much?

Well even at this besr market where btc is continuously spiralling down, the value of my btc today is still higher than what it was exactly the same time last year. We probably just got carried away from the 20k run but if you think about it, if you started a year or two ago, you're still up a lot.

do some research and I saw almost 70% coin that had been made are already dead by now.
this market just so risky, I think
I found that holding shit would take your money out of pocket in no time  ;D

the market is very volatile, you can both lose a lot and make a lot, the main thing is not to panic

Actually I just joined the crypto world and its been cool so far. Obviously digital currency is all about investing and trading as it is Blockchain technology you either gain or lose but if you're smart and do necessary assignment you won't complain. I'm very confident after a year I'll look back and love what I've had and time spent doing cryptocurrency

Nah, I don't think you will lose. You will probably see some good profits. I guess..
Just look all the past years if did that. Last year BTC was under $1000, and look at it now.
Let's not talk about 2 years ago lol

yap, as well as getting doubled. crypto market is volatile, you should find out about the development of the coin before starting the investment, and make a target how long you will hold the coin and do not enter all your assets watch the market go up or down and be patient.

crypto has many advantages especially blockchain, but many people lose their confidence in when the market shows negative value

Yup im in the same boat. Just over 12 months ago i got into crypto and
eventhough the markets are down in FIAT terms im still up.

So im calling it for this time next year the people that bought at $10k
and above will also be able to say the same.

A lot of atcoins are scam, teams are freezing the development, money ends etc. Only strongest can survive year and more. Actually, one of important requirements is top-20 at coinmarketcap.

Nope, there is a lot of gain despite this red market. But I am sure that speculations and manipulations of the market are probably one of the main reasons why crypto exist...

It has taken a great leap from where we were this time last year. I know alot of people will talk about the recent dump, but this is just a temporal thing, the market will surely bounce back and things will get back to normal. Those people that will regret it are those that panic sell their tokens on the market

if we really think about it, most of us are still x2 from last year.

And we are x3 on bitcoin since last April, if i am not wrong, it was between $1900 and $2200. So yes, we are probably a little bit higher than x3 at this moment.

My friend Of course you can lose
Crypto market is very volatile but also you can make a very good profit

If you make a lot of money then you may want to get everything sorted out first. Investing is one thing and holding is another.

The crypto market provides a wonderful opportunities for anyone who wants to increase their capital. But don't buy mindlessly everything in hope for the pump. It is the market! and this market is more volatile than forex and any other markets. You can become a millionaire by investing a few thousand dollars , but you can alse lose all your money in a couple of hours!

I've noticed that most people are always calling coins "dead" when the price is low.This is not true (at least not enough to be true). Most of the last years ICOs are not yet released their products. Untill that time all those coins have only speculative price that is not backed by the real demand. There is nothing strange that they have a low price. In order to call a project dead you need to compare the project by itself with the speculations pf the coin.

All cryptocurrency has too high volatility so always thinking twice before put money in to it, make management of risk to avoid big lose is very important, and always use money afford to lose to put in cryptocurrency. Always learn from the mistake and make better strategy to gain more profit. Dont hodling your coin but trade it, buy on oversold and sell it on overbought and dont be greedy.

I got the knowledge of the ever-increasing development. it is able to trigger a high enough price. besides many Altcoin lost due to their lack of ability to maintain their position and circumstances are quite good. so they shifted with the others.

I’m sure you have invested on it because you had your belief backing the decision. You were expecting to gain profit from it and presumably gained as well. I would suggest you to hold on to your previous belief. I hope, market will pay you accordingly.

In my observation, I think altcoins are doing great with it's development but not all of it but for some it had experience a tremendous growth in it's price value. I actually happen to notice that most of the time, the increase in the altcoins depend more on the rise of bitcoin perhaps alts were very much correlated with btc. It would be a wise decision to invest some good alts while the price is a bit lesser and will have to hold it long waiting for the pump to happen where I think great profit will come soon.

every year, people come to cryptocurrency and they buy many coins and they have their opportunity to make a profit. but we can get lost so much money if we cannot buy when the price is low. and if you just join in cryptocurrency, maybe now you are getting lost but if you can consistent withhold or to collect more coins, in one year later, your loss will be replaced with your profit. every people in cryptocurrency industry know this and we all having the same experience which is getting lost but it's not only about the loss or not, it's all about how we can try to survive in this industry.

I still believe in cryptocurrency markets.
I think when the bull market comes, then most of the good altcoin will have big gains.

One year I feel Bitcoin's power has dropped and altcoin has made a definite breakthrough, people are aware of the technological meaning and they know what to do to create the world. Bitcoin, altcoin are really tuned to match their real value. The best altcoin values ​​increase and the bad altcoin is removed and sank.

Looking back a year after of altcoin, some altcoins are gaining where it's price value had increased but for some it has not. Just like bitcoin where it's price last Q4, where it almost reached the $20K USD mark and comparing it now, I would say that it is still down compared last year. In my opinion, I think the best way to gain good profit is when bitcoin and alts will be at bear market and you bought those coins.