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There is a possibility that a project launched in a bear market will cause the current price to follow the BTC price trend with a low value and when the market returns to a bull market, the coin will follow the movement of BTC so that it becomes good. return even if the coin is launched in the market bulls will also get good returns on their initial launch as they will get relatively high prices.
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Shopping using Crypto is only for purposes on the internet such as buying licenses or software needed for offline work because shopping with Crypto feels very easy and whenever we can pay for it because purchases via online shop and the rest is still an asset as an investment tool because I don't prioritize Crypto become the main means of payment.
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Panic is normal when you see your invested altcoins keep losing values due to correction. It'll affect you more if you bought shitcoins cause they dump more than predict. But The simple solution is, invest only extra capital in crypto industry that you can afford to lose and considered it as secondary source of income. Otherwise it difficult to control mind during correction. Thus its possible to hold those holded altcoins for long timeframe
When we enter Shitcoin, panic will continue to be experienced because price movements are very unstable, especially when many investors release Shitcoin, the price is dropped very deeply and to return to a high point will take a long time, therefore panic selling can also be needed for this so that we can minimize our losses, but as your suggestion it is better to make Shitcoin secondary and prioritize the coins you invest in potential coins. |
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is your choice only limited to holding a token exchange if that is the only option i prefer to hold tokens from coinex because if we look at the coinex trading platform it is quite good and if we look at the current token price the token price is at a low point so it is still very feasible to we keep it in the long term because Coinex still has a great opportunity to become a big exchange in the future.
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To deal with a bear market situation, the most important thing is the capital we are prepared to spend in a bear market because during a bear market, volatility conditions in crypto will continue to occur so that sufficient capital plays a major role in dealing with this. condition because we can shop for assets at relatively cheap prices because during a bear market all coin prices will go down and we can save them for the long term.
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A very potential coin like Ethereum seems to be just BNB because if we look at the development that BNB is giving, it's very good, especially since Binance is one of the biggest markets, so chances are the BNB price will be like Ethereum and not only that, even though the current BNB price is very high, but still very worth it for us to save in the long term.
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Staking tokens does look very good to do when we want to hold coins in the long term, but only coins that have the potential not to fall should we choose because if we choose the wrong coin to stake then we get a big loss due to the decline in coin prices, however, we should be able to control that risk by choosing potential coins like Cake, BNB and other market coins.
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Every new development will surely leave the previous one because everyone has to follow the development because at first the hype from the given ICO was very high so all projects have to follow the system so if there is a new development then everyone has to follow the system because if they don't follow it then the project will not will develop and gain interest from investors and now the metaverse is the right time to follow but everything returns to the way it was when there is a new system and can replace the metaverse then everything will shift too and the metaverse can disappear slowly.
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The future of ETH is still very good because now it has switched to POS of course with this transition ETH does not stand alone and remains the best altcoin but in POS it is still in its infancy, and fewer battle tests, compared to POW which has been used before but is developing and Security updates will continue to be made for ETH which is better than others.
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if you have a good enough and better quality project you list your token on binance even though it's not completely free because binance donates all registration fees to the Binance Charity Foundation, which is a 100% transparent charity tracked on the blockchain they explain the terms its required to list new tokens on their platform so that everything is recorded clearly, but you can also do it on pancake swap and some other dex platforms to register tokens for free.
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There should be no gender difference in the investment realm because all rights granted are the same so that both women and men if they have knowledge and skills in this field then they will also be needed to build companies on Blockchain and marketing strategies for women are also very important and needed to attract investors to enter the company.
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the above method really helps us as BSC users to avoid more and more scam tokens on the BSC platform and actually the easiest thing when we want to get a scam token or not is to visit the official website or token project social group so that we can get a valid token address and we can match before buying tokens.
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My advice is to release the token when it reaches ATH, especially if you hold it long enough, it's a loss if you don't withdraw profit when the token gets a very high price increase because every token is ATH then there will be a deep correction so that at that time we can buy it back and save it to get Next ATH if the token has a good product.
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I think both ecosystems are very good and if we can enter the 2 ecosystems why not because there will be many choices and innovations in our investment, but I prefer Polygon because the price is still cheap and many markets are already using the Polygon network such as DEX and NFT markets with that it will make it easier for us to do many things even though the two coins are still very worth for us to hold for a long time.
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Point number 2 is probably mostly done by beginners because of the high Hype about Crypto so they want very instant profits so they get stuck in some junk tokens which have hype with relatively short timescales so they get deep losses, so things like this must be understood by beginners and most importantly multiply references when we want to invest in Crypto.
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There are many references that we can use to determine when is the right time for us to sell the coins we hold and for patterns that clearly occur when the market is in a certain hype, this is the right time to release assets to take profit as long as we hold.
Regret should not occur because in buying and selling of course there are advantages and disadvantages and all of that is how we will take a stance so that in every investment we need to pay attention to the mentality in making decisions.
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Trusting a useless project and investing on it and ended up losing money in the process, honestly it was a big mistake on my part, I should have just stayed away from that project but I thought it was worth the try, it is all in the past now but still socks whenever I think of it.
Losing a large amount of money It's pretty hard to forget, especially if the mistake includes a bad project investment. I have experienced the same thing as you, when you misplace money on a project and end up being a scam. On the one hand I began to realize that not to fall in love with a project that offers a high return on investment and always research a thousand times before investing in any project. |
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Of course, we all expect altcoin season to happen as soon as possible. for me personally most of my portfolio is in the form of small altcoins and some of the top altcoins. especially for the top altcoin assets some have experienced quite good price changes and some other altcoins have not experienced price increases in line with the significant price of bitcoin.
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