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Author Topic: Reason why I won't be buying top altcoins in this bear market  (Read 1353 times)
Corsac
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July 18, 2022, 07:19:40 PM
 #181


The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

During the fall of the market it is possible to buy tokens of new and prospective projects for the best price but the most important is to evaluate the potential of the coin.

Fall of the market is very risky time but also it is a time of many opportunities because only during the fall of the market the price of the tokens is more profitable for investment.
bittraffic
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July 19, 2022, 12:51:57 AM
 #182


What goes up must come down phrase doesn't apply to ranks in altcoins. If it goes down, It digs the ground and bury itself.

3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.

This I know for sure its true. Look at NEM and DASH that I have been holding for years. They are not even on top  50. They  used to be the top coins, whats worse is their price didn't also made it.


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Xampeuu
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July 19, 2022, 04:15:01 AM
 #183

1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.

The best strategy is to buy as it goes down. Don’t buy all at once. Look for the support lines, that’s where you’re purchasing. Resistance is where you’re selling. This crypto winter will last a long time because sentiment is at an all time low. People don’t feel as enthusiastic to invest into the market like before and believe in the projects less.
it's true, don't let us buy all at once, considering we don't know what will happen, even though our price predictions are already on the floor. With the selection of the right altcoins supported by gradual purchases to anticipate the possibility of a further decline, we will get a profit faster if the price goes down again, because we have the opportunity to get the lowest price. high-end coins are not a guarantee of good prices, but at least they are less likely to be scammed, unless there is an extraordinary event like the recent altcoin incident.

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July 19, 2022, 04:38:15 AM
 #184

1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.

The best strategy is to buy as it goes down. Don’t buy all at once. Look for the support lines, that’s where you’re purchasing. Resistance is where you’re selling. This crypto winter will last a long time because sentiment is at an all time low. People don’t feel as enthusiastic to invest into the market like before and believe in the projects less.
Agreed, the right way to profit is to buy when the market reaches the bottom. The top altcoins on the market will have slight variation in the rank and not a big deviation. So, it is always good choice to invest at the bottom than buying when the price have begun to progress.

This time the bear market is supposed to last longer, but there is growth taking place in between which is good to book profit at possible points. The growth of ethereum have lowered the dominance of bitcoin which might reflect in the bounce back of few altcoins.

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Davian144
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July 19, 2022, 06:04:06 AM
 #185

yes I agree with your first and third reasons because many of the current top altcoins will not reach their highest point again because the current creation of altcoins is very much and some of them will be in the top 10 - 20 positions on coinmarketcap. but I don't agree with reason no. 2 because on coinmarketcap it can be seen from the total volume that is there to occupy the top position. and there will definitely be the latest altcoins that are trending all the time, so the top altcoins will shift temporarily. so everything goes according to the trend.
Everything will go according to trend, but there are not many new trends that last long in the crypto space so you will also see several different coins that are ranked the best in coinmarketcap. Though it used to be not in the best ranking on coinmarketcap. For example, UNUS SED LEO is already ranked 19th in coinmarketcap. Where it indicates that UNUS SED LEO has begun to be in demand by some people, thus making the volume increase.


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Impact_Women
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July 19, 2022, 07:17:24 PM
 #186


The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Fall of the market is very risky time but also it is a time of many opportunities because only during the fall of the market the price of the tokens is more profitable for investment.

Now cryptocurrency market started to rise. Hope such rise will continue because many people are waiting for the rise of the market and are looking for a new opportunities that new projects bring for people.
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July 20, 2022, 12:51:47 PM
 #187


The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Fall of the market is very risky time but also it is a time of many opportunities because only during the fall of the market the price of the tokens is more profitable for investment.

Now cryptocurrency market started to rise. Hope such rise will continue because many people are waiting for the rise of the market and are looking for a new opportunities that new projects bring for people.
I also believe in investing in new projects like Layer0 and MAXX Finance. Bull markets are the best time to launch because there is less downward sell pressure from BTC holders and BTC bots on exchanges impacting alt prices.
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July 20, 2022, 06:09:24 PM
 #188


The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Now cryptocurrency market started to rise. Hope such rise will continue because many people are waiting for the rise of the market and are looking for a new opportunities that new projects bring for people.

Bear market is a good opportunity to buy the tokens for the best price.
Now the cryptocurrency market started to recovery but it is very difficult to say how long it will recover.
Artik_Finance
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July 21, 2022, 04:48:34 PM
 #189


The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Bear market is a good opportunity to buy the tokens for the best price.
Now the cryptocurrency market started to recovery but it is very difficult to say how long it will recover.

Fall of the market is very risky time but this time gives a lot of opportunities for investors.
It is important to buy new and prospective tokens for the best price during the fall of the market to have maximum profit from investment.
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