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Author Topic: Don't invest Heavily ALT now  (Read 954 times)
TheGreatPython
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October 27, 2022, 09:08:11 PM
 #101

Every time is a good time to invest, what you should do is watch what type of investment you join in crypto currency today so you can avoid the fake projects. What to do after checking whitepaper and token product? check the token address basic information with @CheckMyTokenBot on telegram. That way you are able to identify all about the token contract
I don't know if you created that bot and you are now shilling it here but even if not, I think people are still going be cautious with that because they know that telegram is a den of scammers. It is still possible for us to tell if the token address is legit or not even without going to telegram but we will only search the real token and then compare it on what we have found.

Every time is not a good time to invest because not all times the value of the coins are low but sometimes their value are at their highest peak. Now tell me if you have tried investing during that scenario? I believe you haven't because you are afraid of what can happen next.

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Piesel
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October 27, 2022, 09:15:16 PM
 #102

Bitcoin can't be compared to altcoins and most of the altcoins are just cheat coins without any long-term value but when you hold Bitcoin you are sure of your long-term investment security and since Bitcoin has a relatively stable price the tendency of a sudden crash is minimal.

Unless you looking for some get-rich-quick scheme, that is when you can look in the direction of altcoin but for stability, Bitcoin looks to be the best.
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October 27, 2022, 09:45:27 PM
 #103

Bitcoin can't be compared to altcoins and most of the altcoins are just cheat coins without any long-term value but when you hold Bitcoin you are sure of your long-term investment security and since Bitcoin has a relatively stable price the tendency of a sudden crash is minimal.
The wisest and smartest thing to invest is in Bitcoin, surely. I really agree with you. Investing from Bitcoin doesn't mean that we will not get any risks of investment. We still have any, but at least, we have chosen the one with lower risks than altcoins. Although the price of Bitcoin is getting crashed because of a market correction, FUD, or even a bearish era period, this doesn't mean that the era of Bitcoin is ended. We can just keep holding the coins and save them for long-term period investment. So, we can still have them in our own wallets. That is why we can prepare them to take profits again when the price has been rising up and passing the price that we bought. The profits of long term for Bitcoin are surely very worthy.

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October 27, 2022, 09:56:37 PM
Last edit: October 27, 2022, 10:49:49 PM by erep
 #104

So, we can still have them in our own wallets. That is why we can prepare them to take profits again when the price has been rising up and passing the price that we bought. The profits of long term for Bitcoin are surely very worthy.
I've added BTC during the market under $20k price pressure for the last 2 months and will never decide to take profit from the short term because BTC has the opportunity to make high profits after the bear market ends, but it's different for categories other than the top 3 coins, so I'll take profit when it has increased min above +10% because altcoin rates are not guaranteed to survive on any price sentiment or follow the main market price even though the market is recovering.

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Kelvinid
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October 27, 2022, 11:49:25 PM
 #105

So, we can still have them in our own wallets. That is why we can prepare them to take profits again when the price has been rising up and passing the price that we bought. The profits of long term for Bitcoin are surely very worthy.
I've added BTC during the market under $20k price pressure for the last 2 months and will never decide to take profit from the short term because BTC has the opportunity to make high profits after the bear market ends, but it's different for categories other than the top 3 coins, so I'll take profit when it has increased min above +10% because altcoin rates are not guaranteed to survive on any price sentiment or follow the main market price even though the market is recovering.
It is a practical thinking but it works so well. We don't need to be greedy, earning a few percent from our investments is good enough. I'd learn about this last 2017 when Bullrun hits the market reaching its new ATH, I am not able to sell my crypto because of thinking more pumps but drops drastically come, and missed the chance to sell at high. It is the wisest thing to take the opportunity to sell them right away if there is a pump showed up, especially in this bear season.
I consider the top 10 coins in the CMC are still a good choice for this bear market if aim for long-term investment as certainly won't disappoint us.

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amihada
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October 28, 2022, 07:23:26 AM
 #106

I feel this is the right time to invest in alt because currently alt price is going down so i take this opportunity to take profit in the future i believe alt price will go up and i believe in ethereum and bnb coins.

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October 28, 2022, 01:30:04 PM
 #107

I feel this is the right time to invest in alt because currently alt price is going down so i take this opportunity to take profit in the future i believe alt price will go up and i believe in ethereum and bnb coins.
A pretty good choice if you choose ethereum and BNB, because these two coins are the top coins. Instead of choosing an altcoin that is not clear and only hype at first, it is better to choose a coin that is certain and has a clear development. Just look at the current price of ethereum, it's back up and the market is getting better. Invest what you can afford to lose, and manage every investment you make.
nothing is instant, everything definitely requires a process.
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October 30, 2022, 09:43:49 PM
 #108

So, we can still have them in our own wallets. That is why we can prepare them to take profits again when the price has been rising up and passing the price that we bought. The profits of long term for Bitcoin are surely very worthy.
I've added BTC during the market under $20k price pressure for the last 2 months and will never decide to take profit from the short term because BTC has the opportunity to make high profits after the bear market ends, but it's different for categories other than the top 3 coins, so I'll take profit when it has increased min above +10% because altcoin rates are not guaranteed to survive on any price sentiment or follow the main market price even though the market is recovering.
It is a practical thinking but it works so well. We don't need to be greedy, earning a few percent from our investments is good enough. I'd learn about this last 2017 when Bullrun hits the market reaching its new ATH, I am not able to sell my crypto because of thinking more pumps but drops drastically come, and missed the chance to sell at high. It is the wisest thing to take the opportunity to sell them right away if there is a pump showed up, especially in this bear season.
I consider the top 10 coins in the CMC are still a good choice for this bear market if aim for long-term investment as certainly won't disappoint us.

You should set a target in order to enjoy the potential profits unless you are aiming for retirement benefits, as you can keep your assets on hold for long-term and let fate dictate what the future will be for your money. If you are aiming for quick profits, doing a day trade or short-term investment can be practiced with this volatile kind of nature of investment.

Crypto market is hard to predict, the volatility is uncertain, it's your decision whether to keep investing with crypto or to pause for
a while to do your research and re-assess all the potential outcome.

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October 30, 2022, 10:00:00 PM
 #109

Indeed we must be careful to invest in new coins. But that doesn't mean the new coins aren't good.  Because like my previous experience when I bought new coins at a high price at the presale event, but when the coins were listed on the exchange, the coins became worthless
this could be prevented if you could make some analysation I think, the thing with investing in new coin is that it's like trial and error, most of the time you're just gonna be investing in some coin with bad quality, as a result the coin are just gonna be losing their value overtime, I think once you could make some analysation and find the good new coins you could easily make fortune out of it, even growing your initial investments multiple folds, but then again, there's still chance that the project is just gonna be failing.

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November 01, 2022, 03:57:37 PM
 #110

Indeed we must be careful to invest in new coins. But that doesn't mean the new coins aren't good.  Because like my previous experience when I bought new coins at a high price at the presale event, but when the coins were listed on the exchange, the coins became worthless
this could be prevented if you could make some analysation I think, the thing with investing in new coin is that it's like trial and error, most of the time you're just gonna be investing in some coin with bad quality, as a result the coin are just gonna be losing their value overtime, I think once you could make some analysation and find the good new coins you could easily make fortune out of it, even growing your initial investments multiple folds, but then again, there's still chance that the project is just gonna be failing.

It really helps in terms of avoiding or lessing the chance of losing a lot, if you know how to analyze and to sort which project or new project that good for your investment, though it's not easy since the marke movements and how the supporters invest with certain projects most of the time is because of hypes, it will bring high-risk investment to you if you failed to do your deep analysis before joining the ride.

In situation that the coin quickly jump then dump after will be a tough decision making if you find yourself being trapped.

Take time to analyze before jumping into conclusion.

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