it's the weekend, and I think this weekend will be more interesting and more decisive, because look through coinmarketcap or if you can read TA open Trading View and currently Bitcoin price is really at support price, Weekend is always much higher volatile, manipulation also happens often, so we all have to really monitor it, because if you miss it then you will see a Bitcoin dump of up to -15% maybe
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Promising altcoins with great potential for growth in the future are attractive to investors and can achieve 10x if these Promising altcoins witness great developments and increased interest by investors, in light of the dump that we are witnessing in the crypto market, there is a golden opportunity to buy these Promising altcoins at a cheap price and not at an exorbitant price, These altcoins are ETH, MANA, MATIC, BAT, ADA.
everything you mention is very promising, ETH, MANA, ADA and MATIC are everyone's favorites, but if you want to have a profit of more than 10x of course you have to analyze coins that are not major coins, because the major coins as you mentioned already have ROI more than 10x.
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I want to say to everyone, don't ever speculate without TA and FA, because I think both of them deserve to be understood and studied, without TA and FA we will not be able to analyze or speculate properly and correctly.
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I don't think that old projects that have failed will be successful if they are remodeles again, moreover by the same team. It has very small chance even there is still. If I want to invest, I don't want to out money into this kind of project model. I will prefer to choose projects that have been in the top market, have great trust, and also high volume at least. More researches are also required.
It's also too risky to invest in such a project and of course we don't want to lose money just like that, as much as possible to reduce risk by investing in existing and well-developed projects, so the important thing is not to be in a hurry to make a decision to invest in a project and keep doing research first after all it's important
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if you want to take low risk then now is the time, altcoin prices are really at the bottom, I'm sure it's because I read TA, of course it's not easy, but I'm learning and keep learning about TA, there are some that are at the bottom, CKB, THETA and SLP, try investing there and hold it until the market is bullish again
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bearish season, investing coins?, yes I can only HOLD and do the right strategy, the strategy I use is to buy gradually, and make sure we know about the altcoins we hold, worth it or no, and of course don't be rash and greedy
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BNB and TRX. Those two are easily undervalued right now and always could have more room to grow. TRX has had some pumps recently while BNB also has a nice pump when CZ going to advertise the Binance exchange in EU. Since the bearish so they lose their momentum and fall down like any other crypto but still, I think they have more chance if you really want a long-term investment.
I agree with your suggestion about BNB, but I don't agree with TRX, because of the problems on their platform it might be like LUNA, I don't know, but the rumors spread on twitter and other social media, but for BNB I think it's safe to invest long term on there There has been a panic among investors since the Luna incident. They are now suffering from uncertainty about many projects, and this situation is creating more fear in the market. It is true that there are various rumors in the crypto world about Trx. So staying away from trx now might be a good decision. Bnb can be bought, but no coin is safe in the current market conditions. Luna's accident shows us that there is always risk anywhere in crypto, even top projects. Therefore, when deciding to invest, we should be ready to accept the risks that may be encountered. Bitcoin is the safest investment in the current situation, we need not argue, but with BNB or ETH are also coins worth holding today. While they may not be profitable for you right now, they can be considered safe in the crypto world. what happened in the LUNA incident has a reason, and it doesn't apply to all altcoins, I know it scares a lot of people, but then again investing in altcoins is much better than investing in altcoins.
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this is a bear market, of course you have to immediately choose an altcoin or you can wait for the price of Bitcoin to be safe to buy, because the price of Bitcoin still feels shaken due to news of interest rates in the US, if you want to buy Bitcoin I think it's good at $20k to $25k
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2022 of course after Play to earn is Move to earn, there are some good projects in my opinion that should be collected, namely STEPN, the price of GMT is still below $1 and has entered on Binance, if you want to collect it this is the perfect time!
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I think the bear market is the right time to start and buy some altcoins, of course we have to choose an alt that has good potential and prospects, because good coins have the opportunity to be able to provide big profits for you in the future such ethereum and binance .
why Ethereum and Binance? Are there no other altcoins that have good prospects in the future?, try to avoid these two altcoins, because the ROI they are getting is already very high, so in terms of investment it is really not suitable.
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You should do some research because there are several coins that are good for the short term.
This is real that some coins are good for the short time, they are just for the pump and you move on after dumping. It takes experience to be successful in such kind of coins and usually those who join telegram group can be lucky with them .if you are not in a telegram group you may not know the dump time. This is why researching on the reason that some coins just suddenly starts to rise is important. one of them really has to update and check news wherever it is, social media especially on Discord, Twitter and Telegram are things you have to pay attention to every day if you want to invest in a short term in a project
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Before you decide to go away from crypto space simply because we are in a bear market I want you to know that some amazing stuffs was built in the last bear market, our so called Ethereum killers
1. Hedera 2. Solana. 3. Algorand. 4. Avalanche.
These projects came in the bear market, if you walk away now till next btc halving you will be missing a lot of future opportunities.
everything you mention like Algorand, Hedera, Solana and AVAX are the most active and best projects in my opinion, but if you want to invest it's better to choose 1 or 2, because if you have a lot of portfolios of course it will make you confused, just choose ALGO and SOLANA, because remember, Algorand is a partner in FIFA WORLD CUP Qatar, of course I'm sure it will be a HYPE
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Bitcoin's strong support is at $26k I think, if $26k breaks then we'll see $20k, what the OP said I think $8k is not really technical analysis, because Bitcoin never goes down that deep, $15k to $20k maybe will be the bottom price of Bitcoin.
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there are many altcoins that are currently still at the bottom price, but it's a little difficult to predict who will go up to 100x, the trend from Play to earn has also ended, NFT, Metaverse coins are also over, because this is a bear market so we're having a hard time to choose an altcoin, just follow the next hype,
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don't do the same action again a second time, Squid tokens or meme tokens are better avoided, because of course you can lose all your capital, don't you remember how DUMP happened in Squid Game tokens?, really terrible, if you love your capital, better invest in some projects with real utility
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The market is red, the best time is to buy because if we sell I believe we will lose, most people make the mistake of buying at a high price and selling when the price is low, as long as we are patient I am sure that crypto will give us a big profit.
Indeed, when the market is red we need to be patient and stay calm because when we panic and then sell it will make us lose, It's definitely not an easy thing to make a decision at a time like this, so it's better to do an analysis first and wait for the right moment to sell it
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I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
You have friends who care about your investments that there is no need to rush to invest when the market crashes, during the bear market phase then we need to wait until the market stabilizes before investing, because it is better to get a little profit than your assets to be stuck in a bear market decline. When market conditions are like they are today, which continue to fall, we really need to stay calm and don't make decisions rashly. actually everyone has their own way of dealing with a bear market, sometimes there are also those who take advantage of falling prices by buying coins or waiting until the market stabilizes to buy
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To be honest, the main thing that I would advise is not to rush into a choice, because this is simply the worst thing that can be. Most often this leads to losses, no matter how it sounds.
I appreciate that idea. It is a need for us to understand clearly how this trading will work and never underestimate the risk it has. We should not get tempted by those influencers saying trading gives you money, and a huge profit in a short period of time as it was totally different in the actual scenario. And instead of thinking about profit every day, we instead expect more losses. Well, it could be worse if we really don't know what we are doing, if we don't have knowledge about trading. most people who lack knowledge, want the market as they want, not follow the market's wishes. and that is a difficult thing to learn, so we can understand where the market wants to move so it doesn't go against the flow and place the target according to its portion. at least by learning and continuing to learn we will understand by ourselves so that we have a strong trading base and can trade healthily The difficult thing is, of course, wanting the market to match what you want. we know for ourselves that there are many factors that can affect the market which are beyond our control, it is very important indeed to continue to learn the trade and also improve knowledge and skills
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It doesn't matter to me if they are listed or not. Why? Because this is crypto. There is no sure route. Those tokens that are listed could rug out tomorrow leaving you with worthless tokens, who the unlisted one could list tomorrow and pump handsomely for you. Be wise
right, we have no guarantee in following the bounty, even if we don't get paid for the token which is already high there is no penalty for that project. Cryptocurrencies route cannot be determined, it is better to choose bounties that are already listed on the exchange with less risk than tokens that are still unclear about when their listings will be, at least that is more certain. That's right, at least choosing a bounty that is already listed on the exchange can minimize the risk, considering there are some unclear projects we should really consider before joining the bounty, but it comes back again depends on each person's decision
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