inanilujimi
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June 21, 2021, 11:11:48 AM |
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For bear markets I personally will not hold altcoins for too long, I personally prefer to trade large altcoins for profit every day.
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bitterguy28
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“FRX: Ferocious Alpha”
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June 21, 2021, 12:13:03 PM |
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For bear markets I personally will not hold altcoins for too long, I personally prefer to trade large altcoins for profit every day.
lol how could you make a profit when bear market as at place? and how can you find agood coin that will go up and down? best to decide holding bitcoin or top rank altcoin than shitcoins. In my opinion, the safest altcoins to hold during a bear market are BNB and ETH, because these two coins have become an important part of the crypto world, and are very low-risk coins.
Binance is kinda best and ethereum as well, but lets not forget Ripple in which can make ups and downs also.
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maisao1991
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TheStandard
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June 21, 2021, 01:38:46 PM |
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buy ETH I believe it will increase when BTC price goes up.
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Desscount
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ComboLabs
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June 21, 2021, 03:09:08 PM |
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For bear markets I personally will not hold altcoins for too long, I personally prefer to trade large altcoins for profit every day.
I also like the way you work to make small but daily profits with what you invest. But I also keep some coins for long term investment. But not from the money for daily meals. This depends on how well you manage finances. Of course it is very suitable to hold it in the long term and I think it is the right choice, because we know bitcoin every year you can say its value is increasing, it's not impossible that this will continue and we'll see what happens later
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ingiltere
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BITCOIN
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June 21, 2021, 11:49:58 PM |
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buy ETH I believe it will increase when BTC price goes up. This is the advice you give? It goes up because Bitcoin goes up? That happen to all other coins in the market, following Bitcoin trend is not a reason to buy an altcoin. If you buy an altcoin in bear market then you have to think that it will go up higher than Bitcoin, otherwise why would you buy it anyway? Bull run start with Bitcoin price movement first, altcoins then follow. OP said exchange coins have utility but their performance is not always good. Check out GT for example, Gate Token. It goes down faster than other coins.
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Wong Gendheng
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June 22, 2021, 04:11:27 AM |
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In my opinion, the safest altcoins to hold during a bear market are BNB and ETH, because these two coins have become an important part of the crypto world, and are very low-risk coins.
That's right, ETH and BNB are must-have coins, there's no doubt that the 2 altcoins continue to show positive performance, and most importantly, we can already get them on the stock exchange, so even if ETH and BNB drop, it's a good opportunity to buy.
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SacriFries11
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June 22, 2021, 01:23:21 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.
In the time of the bear market, I'm sure some altcoins will be delisted in some exchange, and possibly they will be gone in coinmarketcap just like what happened in 2018. So it's not advisable to still hold some bad altcoins that don't have the potential to survive in the market. Remember that the next bull run will likely happen again after 3 years. They need some huge capital and need to have profited so that they still continue to develop their company. I like to hold some tokens that have a huge foundation like ETH & BNB if the bear market occur. Most likely, I can stake them while waiting for the next bull run event to happen.
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sapnu
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July 04, 2021, 02:35:14 PM |
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There are many altcoins that has the potential of increasing or improving nowadays, you can try finding some suggestions in the forum. For now, I am eyeing on ETH still. In terms of potential, Ethereum definitely has the highest chance of staying successful considering the fact that it has been able to stay next to bitcoin up until now, we can already claim it will be able to surpass all the circumstances it will be facing. Ethereum for me is the best altcoin and I witnessed all of its breakthrough regardless of the hardships it has faced.
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feelideb
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fLibero.financial
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July 04, 2021, 02:54:53 PM |
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I believe ethereum and other well established altcoin like, Ada, bitcoin gold, bnb are good to hold during bear market. When prices dip on cryptocurrency, it affect every coin except stablecoin. The consolation here is that if you hold quality coin during bear, if the price dump due to irrational reaction to it’s price, you can be rest assure that those prices will correct themselves when the reversal of dips price happens!
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OrangeII
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July 04, 2021, 03:52:12 PM Last edit: July 04, 2021, 04:03:15 PM by OrangeII |
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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 strongly support opinions like quality and useful tokens like BNB would be very well held in the long run. in fact, when we look at the chart from CMC, we can say conclusions about it. besides, CZ, CEO of Binance is always making developments to enlarge binance. So, I agree that use and utility tokens like BNB will have a high price in the future, and are well worth holding on to.
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seleme
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July 04, 2021, 08:59:50 PM Last edit: July 05, 2021, 10:18:12 PM by seleme |
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There are a lot of altcoin worth to HODL for few more years but the question is how long you will wait till we all be in alt season. ADA, EOS, XRP and other small marketcap altcoins worth investing. The main ones are mentioned on thread but at the end it is your own preference to invest it or not. Buying low marketcap altcoins have a better potential compare to the top altcoins, the boost will be huge on the small marketcap ones but the same percentage will be smaller on top coins. I believe ethereum and other well established altcoin like, Ada, bitcoin gold, bnb are good to hold during bear market. When prices dip on cryptocurrency, it affect every coin except stablecoin. The consolation here is that if you hold quality coin during bear, if the price dump due to irrational reaction to it’s price, you can be rest assure that those prices will correct themselves when the reversal of dips price happens!
BNB and other exchange altcoins have lost their credibility as the main investment payment method for cheaper investment costs. The BNB can drop a lot if the Binance fail to comply the regulation on the first world countries, even UK government is not OK with the running policy by the Binance team. Imagine one bad news from UK and Binance team will not be able to convince the BNB investors to not sell their investments. The staking and other monthly reward packets are lucrative but it doesn't worth spending a lot of money to get low rewards.
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tabas
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July 04, 2021, 09:21:05 PM |
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I believe ethereum and other well established altcoin like, Ada, bitcoin gold, bnb are good to hold during bear market. When prices dip on cryptocurrency, it affect every coin except stablecoin. The consolation here is that if you hold quality coin during bear, if the price dump due to irrational reaction to it’s price, you can be rest assure that those prices will correct themselves when the reversal of dips price happens!
Bitcoin gold? I should say that you shouldn't and maybe you've missed some of its news before. Like this; Bitcoin Gold Blockchain Hit by 51% Attack Leading to $70K Double Spend
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CutePanda
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July 05, 2021, 04:24:33 AM |
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the best altcoins to hold during a bear market :
1. ETH 2. ETH 3. ETH
what i'm trying to say is, ETH is the best altcoin to hold during this sad and bear market. ETH can last longer than BTC in my opinion, even after the bear market, bad issues, ETH will keep going comeback stronger. i think after 2.0 is release later, ETH can hit the peak again.
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btc78
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July 05, 2021, 04:28:16 AM |
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the best altcoins to hold during a bear market :
1. ETH 2. ETH 3. ETH
what i'm trying to say is, ETH is the best altcoin to hold during this sad and bear market. ETH can last longer than BTC in my opinion, even after the bear market, bad issues, ETH will keep going comeback stronger. i think after 2.0 is release later, ETH can hit the peak again.
Lol ETH can last longer than BTC? do you really understand what this means? Ethereum had also experience congestion recently and the transaction fees goes high almost the same value as Bitcoin and now your telling this? Lol Yeah Ethereum is one of the best to hold in Bear market but it is Binance and Litecoin is my vote.
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bbc.reporter (OP)
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July 05, 2021, 06:42:24 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.
Agreed, however, exchange tokens with quality like BNB and FTT might not behave similar to much of the altcoins that pumped during the bull market where they are certain to lose 90% of value and never recover. FTT might be the next great pumper similar to BNB, I reckon. Sam Bankman-Fried has been marketing the exchange to the mainstream through partnerships with sports organizations. Tom Brady has also become a shareholder of the exchange. I speculate the next halving might be treated like the NBA finals with sponsors and endorsements hehehehe.
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tvplus006
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To the Moon
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July 11, 2021, 03:14:25 PM |
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bear market is the most feared situation by traders and investors, I myself am also afraid that if this happens so fast, I will choose to sell all my assets and buy stable coins, because this is the only option that is good if bears come. so there is no good altcoin for you to hold in a bear market, because for me it is very risky,
This is the only correct decision to keep your deposit from falling and fix the resulting profit. Despite the great prospects for the development of certain altcoins, when a bull market occurs, their price will necessarily decrease. And when you see that the market has turned to growth, you will be able to buy any altcoin at a reduced price.
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Raflesia
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July 11, 2021, 04:56:50 PM |
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the best altcoins to hold during a bear market :
1. ETH 2. ETH 3. ETH
what i'm trying to say is, ETH is the best altcoin to hold during this sad and bear market. ETH can last longer than BTC in my opinion, even after the bear market, bad issues, ETH will keep going comeback stronger. i think after 2.0 is release later, ETH can hit the peak again.
Lol ETH can last longer than BTC? do you really understand what this means? Ethereum had also experience congestion recently and the transaction fees goes high almost the same value as Bitcoin and now your telling this? Lol Yeah Ethereum is one of the best to hold in Bear market but it is Binance and Litecoin is my vote. I will not be strong if the bears are so severe I will stay if the market conditions are like now it doesn't matter I will still continue to stick with a few altcoins of my choice BNB is one of them, but for now it is still quite stable but I will not be too calm because if someday it can happen then I am ready to sell it and secure assets in stable coins so as not to reduce the value later if the bear is really angry. But for now Ethereum congestion is back to normal and costs are low but still this will be the lowest on the BSC network, but I will support and hold both coins for now with a few percent profit but I won't hold back any longer because of the conditions The market is still fluctuating.
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Bay_Harbour_Butcher
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July 19, 2021, 06:24:30 PM |
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I'm sure as long as the market is bearish, no coin can survive, but the difference is that there are some coins that have decreased less and have recovered faster than other coins, for example BNB and Ethereum
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livingfree
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July 19, 2021, 06:40:31 PM |
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I'm sure as long as the market is bearish, no coin can survive, but the difference is that there are some coins that have decreased less and have recovered faster than other coins, for example BNB and Ethereum
If you have been in here on 2018 and other past bear markets, there were a lot of them that survived. So if you think that there is no coin that can survive, you just said a contradict about those coins that you've mentioned and about that there's no one that can survive during a bear market.
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speedforce
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July 19, 2021, 08:13:21 PM |
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Im staking many coin that worth to hold, my list is banana, callisto, and eos. The reason is my hand so weak so i need to lock them and also i trust all of them.
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