bbc.reporter (OP)
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June 13, 2021, 06:58:18 AM Last edit: August 03, 2021, 02:27:49 AM by bbc.reporter |
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Bittoshi
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June 13, 2021, 07:44:38 AM |
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During bear market (before sideways market starts) you are best to hold only stable coins like USDT and wait for the bear market to end. When a sidewards market begins you can start to buy back your coins and tokens fast at a low price.
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Bitgesell (BGL): A modern and truly scarce store of value. Burn rate is 90% of tx fee. Yearly block reward halving.
It's just the beginning!
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Beparanf
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June 13, 2021, 07:52:25 AM |
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There's no altcoin that consistently stable/rise during dump season since the reason why some altcoin pump during bear market was major announcement or events of the project. Even BNB, FTT and KCS is not exempted to dump. But as you stated this kind utility token is very good to accumulate since its price depends on the exchange performance which is stable whether bear or bull market because everyone is still trading.
For me Bitcoin is the best coin to accumulate during the bear market since its the trend starter then convert to top 10 coin once Bitcoin already reach stable price.
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Tytanowy Janusz
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June 13, 2021, 09:34:32 AM |
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I want to know everyone’s suggestions.
I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.
During bear market everything will dump 80-100% and if we entered bear market ... it is a beginning of it and it will last few years. No matter how good the coin is. It is not true that utility tokens (influcind exchange tokens) will not dump since its utility based price is far lower than current pumped to the moon price. Exchanges also suffers during bear market. Prices dumps, price action goes down, so volume do, so exchanges profits and tokens untility.
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aprilnot
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June 13, 2021, 10:17:54 AM |
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I want to know everyone’s suggestions.
I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.
yes but it's still not enough to face the bear market. let's look back when bnb faced a bear market. at that time bnb fell from 35$ to 5$ during the 2018 crash market. although bnb had real uses, it was still not strong enough to withstand the pressures of a bear market.
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ipanks
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June 13, 2021, 10:35:39 AM |
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If that is BNB, I would agree to hold during a bear market because that coin can increase back in the next bull run. Besides BNB, I will consider holding Ethereum as this coin is at the number two position and can grow. But BNB can be the choice to hold as the price is not too high compared to Ethereum, so we can still get many BNB for the investment. So two altcoin, Ethereum and BNB, will be my choice to hold during the bear market, and that coin is worth buying.
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irsada
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June 13, 2021, 10:39:49 AM |
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My last favorite coin is WPP Token (WPP). Check their project details. In last weeks when all alts drop in red they are in different position. Research and make own decision.
Is this worth trying? recently they switched from the ETH blockchain to BSC. but I still have doubts if I see that wpp is not listed on the major exchanges that exist today.
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Sterbens
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Duelbits.com
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June 13, 2021, 10:39:56 AM |
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It's hard to determine which Altcoins are really worth paying attention to during a bear market. we are not sure to determine one factor before we see bitcoin-influenced price stability.
all will be careful to decide to hold altcoins. bear market will have a bad impact if you enter when the price is sharp downwards..
it is better to find a safe way to wait at the bottom resistance point. and make temporary trades based on short timeframes.
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| | | . Duelbits│SPORTS | | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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ahoenk
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June 13, 2021, 01:08:49 PM |
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I want to know everyone’s suggestions.
I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.
During bear market usualy no altcoin can hold the bear. And thanks to crypto community they already have USDT and other stable coin. So in my opinion the best altcoin is stable coin during bear market. Or if you still want to get momentum to profit in sats you can buy some new legit ICO. So when the bear is out of market you can get optimal gain from bitcoin.
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numanoid
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June 13, 2021, 01:41:12 PM |
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I want to know everyone’s suggestions.
I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.
BNB is the best among all. Then you can go with CAKE, HT (Huobi Token), KCS (kucoin shares), OKT (okex). Not sure about FTT, but i'm not too interested to buy that token. Does that FTT token has some advantage while you buy it? If that's only reprensent of the exchange without any advantages, just leave it
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Boomber
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Tontogether | Save Smart & Win Big
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June 13, 2021, 01:55:36 PM |
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I want to know everyone’s suggestions.
I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.
if I personally will definitely choose to invest in bitcoin, because the price of bitcoin will definitely increase and of course investing in bitcoin is safer than investing in altcoin, so of course you will definitely get profit by investing in bitcoin and now is the right time to invest in bitcoin before the price of bitcoin increase very high again (create a new ATH price).
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mrdeposit
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June 13, 2021, 02:46:55 PM |
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I want to know everyone’s suggestions.
I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.
I guess you did not think about the other side? Although exchanges make our job easier, they are one of the most dangerous places as you know. MAybe in the coming hours, someone will attack Binance, and this will cause destruction of the exchange and definitely its coin, and most importantly this is a possible possibility, and there is little chance of such hacking in projects that are not based on online platforms. That is why I suggest you do not choose based on today's price(I guess you are fascinated by recent price increases).
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irsykes
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June 13, 2021, 03:10:21 PM |
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I want to know everyone’s suggestions.
I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.
If want to aim profit maybe BNB already good, or maybe safer than other altcoins. Well, maybe BNB's progress can be look too when it is pumped maybe it can pumped too. Especially a lot of tokens which already use BSC will make people keep to buy it to be used as transaction fee.
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Cling18
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June 13, 2021, 03:18:18 PM |
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I would still prefer holding or even buying top coins during the bear market so when the market recovers, I'll have an assurance of a good profit. It's hard to risk holding or buying new altcoins during the bear market so I'll choose to hold potential coins since they provide good assurance of recovering.
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sujonali1819
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June 13, 2021, 03:22:01 PM |
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I want to know everyone’s suggestions.
I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.
It's always prefer to hold bitcoin all the time bear or bullish. Since you asking about altcoins. I will suggest the first option of holding in bear market is USDT or other stable coins. And second choice could be ETHEREUM. But in this case you must have the intention of holding it for atleast some years. And don't sell it in lose.
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kurniawan05
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June 13, 2021, 03:32:19 PM |
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In bear market almost of altcoin will dump, but a few of them still can pump if any major event orang announcement from the project, you must have data about the roadmap each project, but maybe stable coin is still the best choice.
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enhu
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June 13, 2021, 03:45:33 PM |
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If you are holding you better be making money out of it while holding. There are still coins that didn't really go below 50% from its ATH since the bull market. It must be a good hold token like this ETH. However this could not be a bear market yet because if it is, the price of BTC could have plummeted below $25,000 already. There is no stopping of downward movement if this is a bear market and no altcoins are good to hold.
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Raflesia
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June 13, 2021, 03:49:10 PM |
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Usually, when the bear market has been in the bear market for a long time, I prefer to secure the balance of assets with USDT or other types, but if your intention is to hold on to bearish altcoins for a long time, you can still expect and I see there is still great potential, some of the best altcoins should be selected when bearish arrives. The point is I will not take big risks especially with high utility and that is enough when bears hold these altcoins, BNB, SOL and ETH some altcoins with smart contracts I believe this will bring more when bullihs are coming.
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clarkt
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June 13, 2021, 04:02:10 PM |
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Everything goes down during bearish market. Bitcoin is good coin to hold. You can also hold some of your capital in stable coin. When you hold stable coin, you put yourself in a position to take advantage of sudden low price that might be unexpected in some of quality altcoin and bitcoin!
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elda34b
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June 13, 2021, 05:15:22 PM |
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Coin with staking option, where the reward comes from network transaction or other source as long as it is not an inflation, or even if it is an inflation, a burn or something similar must happen regularly. I think holding and staking them will be beneficial in a bear market, but of course you should not expect a huge profit.
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