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Author Topic: Careful!  (Read 282 times)
Nrcewker
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May 15, 2022, 08:03:29 AM
 #41

Careful yous guys. In this deep bear market there will be new altcoins that will be spreading around claiming they are one of the coins that were hit by the dump and might be a good decision to invest with because of their cheap price.

Just a bit of advise from a long time crypto investor. It happened to me and became a victim of it so might as well share it with you before you make wrong decisions.

That’s very much normal to be honest.
This has always happened, and this time too i have seen many reports regarding the same.
The altcoins were always in search of this time when the bearish market will hit hard to all the investors.
Then there will be many promotions, and marketing about the coins, about buying it in this time and getting huge profit later.
It’s always advised to choose the coin that you have personally analysed and got some info about.
Rest it’s always your money, so at last only you will be responsible for the investment you have done.
So as always be careful.

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May 15, 2022, 03:03:33 PM
 #42

Whatever the market conditions, I think doing research and analysis is an important and mandatory thing to do,
because when we make decisions without doing these two things it's too risky and highly discouraged,
much better to minimize the existing risks

You got it on point. That is why some people came up with the decision to buy, even with the most crucial time in the market and stage of projects, because market analysis and research are somewhat overlooked before doing so. If only this basic principle could be practiced rigorously, then every move would be educated and calculated upon some real basis.

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