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Author Topic: We can reduce our chances of loss  (Read 976 times)
Fesatmas
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January 04, 2021, 03:32:01 PM
 #41

, I don't understand your English... what do you mean by "when it is in the deep"? My personal strategy is to buy microcaps that haven't mooned yet like 0xMR and UNCX.


You are confused !!!!
try to focus on the flow of topics so that you will understand what they are talking about.
there he discusses investing in the top altcoins, by profit and percentage generated. as well as giving a warning not to enter the market and make purchases when the price is bullish.
try to find friends again Smiley

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January 04, 2021, 05:44:22 PM
 #42

The very good advice given by the opening post, it is indeed safer to invest in top altcoins which obviously have high volume. Because if we
force investment in shitcoins it is very likely that we will lose money, Because as we know, there are many shitcoins that have fake volumes,
which ultimately can't be sold after we buy them. If we invest in top altcoins, of course it is very safe because it has real volume that we can
sell when we get a profit.

Then regarding investing in the current market which is currently bullish it is not recommended, because it has a very high risk. Because it is
likely that the crypto market will undergo a deep correction, so in my opinion, we should be a little patient waiting for the correction to occur
before we enter the market.

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January 04, 2021, 06:09:40 PM
 #43

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.


People invest in new projects because of their high potential of pumping 1000 times from their starting price. What is think is the crypto market is already risky no matter its BTC you are investing in or a new ALTs. So if we can manage our risk and use some of our time to find a good project then our extra risk could give us high returns. Becasue traders are not holders and they won't hold until they are in profits.

New alts and Bitcoin is not the same when it comes to the risk involved.  Bitcoin had established its community and have good buy support in them market while new alts don't have that much so its market is easier to crash than BTC.  Aside from that, many new alts pretend to be a good project but in the end, they are just into money grab scheme making their investors lost a lot of money.

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cryptonx
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January 04, 2021, 06:46:10 PM
 #44

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.


of course investing in the TOP altcoins is better than invest in a new coins or shitcoins
but, new people will always think to gain a huge profit in short period time, they never think about consistency,
for me its better to get  about 10% - 20% monthly profit rather than a huge profit in one day, but next day we lost all our money my friend

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January 04, 2021, 08:16:16 PM
 #45

If not for the pandemic crisis that affected the financial system, I don't think many will get moat of those cheap coins at such prices. Some were even scared that bitcoin and others are going to zero in value but see it went and play out.
Actually, it will be difficult to get those bitcoin very cheap like before except we experience something worse than before. We hope and pray it doesn't happen. Though, buying top 10 tokens is a nice recommendation but remember they can be easy replace by other altcoins. It's necessary you do a proper research about what you want to buy before you venture into them.
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January 04, 2021, 08:27:44 PM
 #46

losses will occur when we invest in new coins and have no prospects for the future because I've experienced it from there I can learn good investments in established coins like top coins all though, to get profit it takes a long time at least when the bull market run happens like now top coin can increase up to many times
It will still depends on up to how much we were able to buy or buy back. If we still not able to buy at a point where there is still room for us to enter chance sis that instead of having gain we will lose since we buy in a much higher price, if we are able to monitor the market and enter early before it pump we will able to experience the pump, this is for top coins but with new coins there is a need for some hype to really gain from them.

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January 05, 2021, 03:16:09 PM
 #47

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
What you have to know is that most of the newbies that are joining the community and becoming investors are looking for quick money, they are all coming to become millionaires, so they look some coins they feel will fetch them that big enough profit to become very rich, and that’s totally wrong.

I’m saying this because I have seen people around me how they react about cryptocurrency, when you talk about it they are just talking about making quick money and the stories they have heard about cryptocurrencies price increasing and people becoming millionaires, and they think about this and forget about the risks that are involved, which is very bad.

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January 05, 2021, 06:01:18 PM
 #48

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.


Its not the Newbies fault for not knowing what the signs of a Shitcoin's are and they would not know it if they do not have any experience investing on them. These losses are normal especially when you are someone new since you can gain more experience in that way. Everybody can have their opportunity to gain profit once they stick around too long within this industry and this is still a reminder that needs to be kept in mind.

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January 05, 2021, 06:40:35 PM
 #49

As the last year has shown, with top alts it is also possible to make x2-x6 without any problems. The main problem is patience and faith.
Unfortunately, many have sold off their altcoin savings a year and a half ago without waiting for the long-awaited bull run. Simple strategy: buy cryptocurrency, wait several years.
The biggest possibility is that those who sell it because the price panic will continue to fall, but if the project they invest in has a good reputation and has been in operation for a long time I don't think need to worry if the price drops like last year where almost all altcoins experience ATL.

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January 05, 2021, 06:47:25 PM
 #50

As the last year has shown, with top alts it is also possible to make x2-x6 without any problems. The main problem is patience and faith.
Unfortunately, many have sold off their altcoin savings a year and a half ago without waiting for the long-awaited bull run. Simple strategy: buy cryptocurrency, wait several years.
The biggest possibility is that those who sell it because the price panic will continue to fall, but if the project they invest in has a good reputation and has been in operation for a long time I don't think need to worry if the price drops like last year where almost all altcoins experience ATL.
hearing the story, possibly due to several reasons. especially between panic sell as you have said, it could also be due to economic pressure, or other possibilities because the project is not developing so they prefer to sell at a loss then exchange it for coins that are more feasible than before. On the one hand I hope that newbies don't think that investing in crypto can make them rich overnight.

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January 05, 2021, 06:53:36 PM
 #51

~
Better be careful trading around the coins in the market. The sure endpoints would be you're gonna throw your money at something.
I just can't seem to understand some pure newbies in crypto, not here in the forum, on why they tend to try and invest to below top coins in the market

Newbies are explorer I guess, most of them are just trying some luck and not  paying attentions to what really happening inside the market,

They are throwing money with project that they are not fully understand, end point, they will cry out scam once all the money are wasted and

gone after some time staying inside.
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January 05, 2021, 09:24:04 PM
 #52

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.


First things first, not all dips lead or turn to profits and this is where doing your research comes in. Also i believe targeting 2% - 5% profit on a daily basis is more better strategically than hoping for huge percentages. Take emotions out of crypto currency trading and investment always.

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January 05, 2021, 09:47:54 PM
 #53

What ever you are suggesting has already been suggested multiple times. But you know people, they are greedy. They don't want to wait. They want profit RIGHT away. Hence they look for shit coins that are getting pumped. Invest in it, losses everything, starts crying and then ends up calling each and every crypto currencies a scam.
But yeah, keep on preaching. The more they are made aware, the more mistakes like this people will avoid. But, then there will always be that one person who thinks he is "smart".

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January 05, 2021, 10:59:02 PM
 #54

As the last year has shown, with top alts it is also possible to make x2-x6 without any problems. The main problem is patience and faith.
Unfortunately, many have sold off their altcoin savings a year and a half ago without waiting for the long-awaited bull run. Simple strategy: buy cryptocurrency, wait several years.
The biggest possibility is that those who sell it because the price panic will continue to fall, but if the project they invest in has a good reputation and has been in operation for a long time I don't think need to worry if the price drops like last year where almost all altcoins experience ATL.
hearing the story, possibly due to several reasons. especially between panic sell as you have said, it could also be due to economic pressure, or other possibilities because the project is not developing so they prefer to sell at a loss then exchange it for coins that are more feasible than before. On the one hand I hope that newbies don't think that investing in crypto can make them rich overnight.
Yes, such a mindset must certainly be removed from the minds of these beginners,
investing in the crypto world we have to be patient because if not, of course we will be in a hurry to make a decision and at things that are detrimental to ourselves
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January 06, 2021, 03:44:28 AM
 #55

In fact, i think that may be the mistakes people can see when they've actually gone through it. As you said, we only see short-term gains and not look at the longer term, as in this market the proposed case is bitcoin, because if i buy bitcoin from the beginning then i will has become a millionaire for a long time.

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January 06, 2021, 03:50:09 AM
 #56

Now would be the best time to invest on top alts xrp and monero are in danger of getting delisted in every exchange so i suggest to stay away from it but if you have the guts to take a loss you buy some of it and wait, Doge is still on my list.
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January 06, 2021, 05:20:36 AM
 #57

If we invest in the top alts when it is in the Deep, then it can give a good profit.[/b]
The problem with the newbies right now is that they are finding a quick profit scheme in crypto.

I agree with what you said though that is why I'm only investing into the top coins especially Bitcoin and Ethereum which covers over 80% of my total crypto portfolio. Investing in low market cap coins can give you huge reward yes but the problem is that it is hard for you to sell it when you want to sell it. Top coins can give you profit longer but the risk is lower compare to the bottom coins.

If you want to reduce your losses though, the best way is to just invest on Bitcoin and Ethereum Cheesy.

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January 06, 2021, 05:59:25 AM
 #58

And do you realize there are new bulls in the market and that is the alt season. As far as what's happening, i think people are paying attention to the alt season because it is really profitable, i see more profits if just keeping bitcoin, so i don't think it's for newbies.

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January 06, 2021, 10:01:31 AM
 #59

in my opinion, trading is not recommended for newbies who are afraid that it will cause big losses and it is better to follow an airdrop or bounty which is free
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January 06, 2021, 10:09:13 AM
 #60

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.


This is pretty good advise. I agree with you that investing in the major cryptocurrencies is a good idea, if the prices are not that low. In my opinion the large part of a crypto portfolio should be invested into well established coins and only a fraction of our money should be used for high risk alt coins
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