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Author Topic: Altcoin investments have become risky this day.  (Read 3098 times)
ivankoh
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January 25, 2023, 01:49:09 PM
 #281

and yes it can come back once there are willing whales or team that wanted to bring them grow for sole purpose of manipulation and getting investors money. and that 90% from dumping sometimes took more at least 95%.
had tried shitcoin , even meme coin and yes I am tired now and chooses to invest in ranking coins instead.
Yeah, The risk of altcoins is 99%, how in detail about Terra, FTX it is just a part of the altcoin space where legitimacy is woven… Lol, Countless people have become proletariat and defaulted  .  Risks and potentials are the development potential of this market.  Risk management for altcoins is part of luck.  No one denies the big risk of shitcoin but even the top altcoins have certain risks.
We must always learn how to manage risk and emotions are the best way to guarantee the success rate.

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January 25, 2023, 02:38:54 PM
 #282

The problem with altcoins today is the pool of these is wide and deep, and to top it off most are doing similar projects which make them less of value, but if you can find an altcoin that does it differently I can guarantee you that this coin will succeed and market never fails such!

Quote
Altcoin investments have become risky this day.
Risk has always been there, and in times of a bear market, chances are high that the weaker coins will see more red than those that have a strong reputation and decent following. It's all about finding the coin that ticks most of the investment boxes!

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Gladitorcomeback
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January 26, 2023, 01:11:44 PM
 #283

Actually trading is always risky and I think that investment in Bitcoin will never make you hopeless so whenever the market is down then just hold up so it will be perfectly good for you because market always comes to higher value after some time as it is not stable.

Bitcoin is stable coin and ups and downs are always occurs in market. Putting money in Altcoins when market is high will not give you profit but instead it will be be difficult for you to recover that sum again.

Always put less amount and buy when market is down and also put money into that coin which is less volatile and has a stable background and stable base.

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January 26, 2023, 05:19:25 PM
 #284

The problem with altcoins today is the pool of these is wide and deep, and to top it off most are doing similar projects which make them less of value, but if you can find an altcoin that does it differently
It is not about how they do it differently. It's more about if they are serious about that project or not and doesn't have any intentions to milk the investors money.
Sure they do it differently so people would assume it's great and unique, but sometimes it's too good to be true because of how different they do and the chance of the project become real is really low in most cases.

I can guarantee you that this coin will succeed and market never fails such!
"Guarantee" in crypto space is really overexaggerating.

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jostorres
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January 26, 2023, 09:08:07 PM
 #285

It is not about how they do it differently. It's more about if they are serious about that project or not and doesn't have any intentions to milk the investors money.
Sure they do it differently so people would assume it's great and unique, but sometimes it's too good to be true because of how different they do and the chance of the project become real is really low in most cases.
If the developer of the altcoin is serious, then they will create a one of kind altcoin. It doesn't matter if it will cost them a lot of money, effort or time but what important is that they are trying their best to contribute on the crypto space and to have something for the people to help them solve their problems that they are currently facin. Once it became known and people likes it, they will still recover what they have spend on building the project so their efforts are still going to be worth it at the end.

"Guarantee" in crypto space is really overexaggerating.
But, you won't ask him if what coin he is talking about? Don't tell me he means "altcoins" but altcoins is not a single coin. If there is one coin that I believe has a guarantee then I think that is only be Bitcoin and none of the altcoins.

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nurilham
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January 26, 2023, 09:57:17 PM
 #286

The problem with altcoins today is the pool of these is wide and deep, and to top it off most are doing similar projects which make them less of value, but if you can find an altcoin that does it differently I can guarantee you that this coin will succeed and market never fails such!
Yes, there are many altcoin projects with similar concepts. But as long as they have good fundamentals and the demands are high, no problem investing in the projects with the money that we can afford to lose. I see there are still many altcoins with the right innovation, good projects must have big demands and they are hyped easily. Just choose the altcoin projects that have good progress.

Risk has always been there, and in times of a bear market, chances are high that the weaker coins will see more red than those that have a strong reputation and decent following. It's all about finding the coin that ticks most of the investment boxes!
Sure. No investment without risks. But I understand that investing in altcoins is higher than investing in Bitcoin. That's why we must be careful to choose the right altcoins. This bearish season eliminates the bad coins, the weak coins can't survive during the red market.

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January 30, 2023, 09:47:06 AM
 #287

-snip-
Quote
Altcoin investments have become risky this day.
Risk has always been there, and in times of a bear market, chances are high that the weaker coins will see more red than those that have a strong reputation and decent following. It's all about finding the coin that ticks most of the investment boxes!
if we look back at crypto history, especially altcoins in 2016 until now, then we will know that very many altcoins have fallen, been abandoned, and even become scams. this proves that since long ago, investing in altcoins was indeed very risky. However, we cannot deny that many people benefit from using it.

Because of this, it would be great if we instilled that it was a risky thing from the start so that we really prepared ourselves mentally for it. well, if we get profit, we can take advantage of it, and if we get scammed, then we are ready for the risk.

In addition, even though investing in altcoins carries a large risk, if we pay close attention, we can be sure that there are very many altcoins that also have great potential for us to take advantage of at this time.

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March 07, 2023, 05:16:23 PM
 #288

Altcoins investment is very beneficial but we should not trust all altcoin because crypto market is unpredictable so investment in those coins which have bright past and will have bright future will have definitely higher return for it's holders like that are Ethereum. Appreciation is just for Bitcoin and not just altcoins but all other coins are risky so be careful in selecting and taking decisions for the different tokens.

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March 12, 2023, 10:44:53 AM
 #289

You might think that it will be the same story for you, but it is not and you forget that there are thousands of people who have lost money trying to do the same thing. I hope that one day people will realize that following in other people's footsteps will not make you rich, you need to find your own path and make your own money to become rich, otherwise you will just be someone else's pawn and nothing more.

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March 12, 2023, 01:58:14 PM
 #290

it seems that if you want to invest in altcoins that have a good reputation and have survived in the previous bear market so it gives a little sense of security to investors, or who intend to hold these coins for a long time.
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