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Author Topic: Be careful what you choose to invest in now, not all coins will recover.  (Read 2874 times)
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August 03, 2021, 10:21:23 PM
 #101

I think there are still coins that can do price recovery and in my opinion only coins that have the support of investors and have projects that are very useful for many people who will make price recovery quickly, bitcoin is one of the coins with a very fast recovery. if you talk about memecoin then it's definitely nothing to recover from.
Well, most of the coins will not recover because they are all duplicates of each other without real value and therefore incentive to use. This leaves only handful alts (mainly the top ones) which can recover, even among the new ones there are a few gems like Clover or Mina but these types of coins are hard to find when there are hundreds others... But still, not seeing recovery across all markets should be expected
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August 03, 2021, 10:24:20 PM
 #102

Yes, you must be careful when buying. If it is a valuable coin, when you buy it when it falls, it is very likely that the price will rise and recover, but if you are buying an unknown coin in the altcoin, it is very It is possible that the price will not recover until the coin dies. Therefore, when investing, it is recommended to invest in valuable altcoins, which can be held for a long time.
Seeing the dips is definitely a big opportunity to start buying potential coins but not all coins that are in bargain are gold, some of them have disguised to look like high potential coins but honestly, they all turn out to be worthless coins.

So its always a must thing to DYOR before deciding to invest. There are a lot of projects arising in the market today but we should be very careful where to put our money so as not to end up being scammed or making losses in the end. It's better to stick with old projects or coins that have been making good demand in the market instead of risking your money and time into something new that has no guaranteed profits at the end of the day, even if we know investing in crypto is just like gambling in the real sense.

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August 03, 2021, 11:41:47 PM
 #103

It's true that choosing the coins to invest in is important because it will affect the results you get. Currently, many new coins are popping up here and that makes them have to compete with other coins in the market. If we choose the wrong coin to invest, of course it will make us lose and waste time holding it. It is not an easy thing to choose good coins, so we must often look at the market and analyze the market well so that we can choose good coins to invest and bad coins to invest. Many people choose the wrong coin and end up taking a loss, myself included. Due to my lack of experience and knowledge, I have invested in the wrong coins and ended up losing money. So I used it as an additional lesson to make it better in the future.

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August 04, 2021, 09:54:15 AM
 #104

I agree with your statement that not all altcoins can be bought.
Many people experience the same thing in the market, one of which is for those who invest in Aurora digital currency, most traders think that Aurora developers are only taking advantage of many traders, causing traders to be frustrated with their movements. and many more altcoins that should not be invested because the developer is a liar who might in the future deceive us. this is what we need to avoid, hopefully we don't get caught up in their lies

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August 04, 2021, 03:50:03 PM
 #105

You are right mate, there are a lot of altcoins out their which I noticed are just temporary, if you buy and hold them for long your asset turn to zero cent.
But my question here is how can we know which one we are to buy that's wort it rather than the popularly known coins?.


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August 04, 2021, 04:23:36 PM
 #106

Now it is very difficult to say in which token we have to make an investment because I am not understanding the market. In which token I should invest  Huh you can see the condition of the market in a second market go stable and in a second market go unstable so it is very hard to make any decision

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August 04, 2021, 04:29:30 PM
 #107

Now it is very difficult to say in which token we have to make an investment because I am not understanding the market. In which token I should invest  Huh you can see the condition of the market in a second market go stable and in a second market go unstable so it is very hard to make any decision
the possibility is still 50;50 for an uptrend or a downtrend to occur.
just choose a trusted token in the market. This will slightly reduce the risk of the asset you choose.
while to anticipate current market conditions, do day trading, or short-term investments. just follow the market trend carefully.
I did and it's been profitable in not so long. take advantage of these erratic market movements.
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August 04, 2021, 04:40:10 PM
 #108

Now it is very difficult to say in which token we have to make an investment because I am not understanding the market. In which token I should invest  Huh you can see the condition of the market in a second market go stable and in a second market go unstable so it is very hard to make any decision
the possibility is still 50;50 for an uptrend or a downtrend to occur.
just choose a trusted token in the market. This will slightly reduce the risk of the asset you choose.
while to anticipate current market conditions, do day trading, or short-term investments. just follow the market trend carefully.
I did and it's been profitable in not so long. take advantage of these erratic market movements.

Riding with the hypes always have high risk behind but if you able to manage the right system,

It's really profitable, buy low and sell high attitude still possible if you pick moving asset, go deeper and make sure that you

can handle the risk, losing your position is unavoidable since manipulation inside volatile market is really something that traders
can't anticipate, be careful with the projet that you'll going to use as token of your investment.
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August 05, 2021, 02:15:56 AM
 #109

Whats OP said is trully right, even now at second bullish trend of Bitcoin in last two months, theres many factor cause why your investment did not recover when you just keep it in your wallet end not do scalping with your assets while its gain pump little by little.
But its okay when you put your investment in Bitcoin or Ethereum because as usual, their both price will increased year by year as usual, just put it in long term investment and its will profitable.
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August 05, 2021, 02:35:45 AM
 #110

Yes Market Is Slowly Recovering But Not All Altcoins Will Recover at once and in one rally but most of the altcoins will soon recover and now Nft Trend is running So Good Time to Buy Nft Coins And its important In crypto to buy rumors and its important to buy According to market trend so buy any altcoins be carefull and first do some research then invest.
for altcoins that can't keep up with developments, they may be abandoned by investors and traders, so they will stagnate or even drop in price even though most coins go up following bitcoin. therefore it is important to follow news developments to help our analysis so that it is not wrong in choosing coins

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August 05, 2021, 07:08:20 AM
 #111

~ snip
But my question here is how can we know which one we are to buy that's wort it rather than the popularly known coins?.

it's not easy to find coins, that we have to understand the project in the future and the team of the coin and the use of the coin itself, so it's safer for you to buy coins that are currently in the top 20 on coinmarketcap.

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August 05, 2021, 08:23:47 AM
 #112

True. Many altcoins of 2017 did not recover in the 2021 bull run.
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August 05, 2021, 09:06:08 AM
 #113

I agree with you, because currently only a few altcoin will survive and the price can increase very high, therefore I choose Bitcoin and Ethereum to be a long-term investment, because the price of Bitcoin and Ethereum will definitely continue to increase and will remain popular, so it's safe to invest in Bitcoin and Ethereum for the long term and of course I will definitely get a lot of profit in the future from investing in Bitcoin and Ethereum.
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August 05, 2021, 10:36:33 AM
 #114

You are right, it's important to choose what coins to hold or buy and when to sell it, not all coins are worth buying for and it is much better if we know what coin are we holding and we should be trusted. I don't mind holding Bitcoin and Ethereum for a long time even the price is like a rollercoaster since these coins are trusted cryptocurrencies.

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August 07, 2021, 09:52:59 PM
 #115

You are right, it's important to choose what coins to hold or buy and when to sell it, not all coins are worth buying for and it is much better if we know what coin are we holding and we should be trusted. I don't mind holding Bitcoin and Ethereum for a long time even the price is like a rollercoaster since these coins are trusted cryptocurrencies.

If it was that easy, everyone would make the right decision all the time, but it isn't that easy as the market is not only volatile but also dynamic and agile, and open! New projects can join that might replace a technology everyone deemed to be the ultimate breakthrough yesterday. We see that happening all the time, very often labeled with phrases like "the Ethereum killer". Well, I know nothing has killed Ethereum yet, but is it impossible that a real competitor shows up one day that renders much of Ethereum's technology obsolete? There is a definitely a possibility for that to happen and it would have a direct impact on market conditions for comparable coins.

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August 07, 2021, 11:15:31 PM
 #116

basically the decision to sell or hold depends on each perspective, if you believe in a good project development then hold on, if it doesn't meet expectations then we have to be patient and accept it. It is very important to know the project that you will invest in, it is also important to control your emotions and not be greedy.
the crypto ecosystem is always full of surprises, even coins or tokens that are not worth today can become valuable someday if you are lucky, or vice versa, the development of each project is also slow and fast, you have to understand that.

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August 07, 2021, 11:56:53 PM
 #117

True. Many altcoins of 2017 did not recover in the 2021 bull run.
Yeah you're right but you forget that if there are lots of altcoins that were also recovering from the 2017 dump. We can't deny the fact that if even those coins still exist right now and have become the major coins.
It doesn't matter whether if it's a new and old coin. it will be still valuable when it has a good usability
People should be more careful in choosing altcoin but when it comes to the major coin and it doesn't give a guarantee if such coin can sustain for the long term.
We can see that from what happened with some old coins like bytecoin and many more.

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August 08, 2021, 01:23:59 AM
 #118

The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.

I'll still go for the buy low sell high strategy and do away with FOMO, I like my strategy or my methods not all coins that are developing are engage in pump and dump, they develop their platform and let investors decide if it's worth or not and not playing the market to show that they are pumping and people should invest, not all coins can recover and usually, they are those engage on FOMO.

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August 08, 2021, 06:01:45 PM
 #119

True. Many altcoins of 2017 did not recover in the 2021 bull run.
Yeah you're right but you forget that if there are lots of altcoins that were also recovering from the 2017 dump. We can't deny the fact that if even those coins still exist right now and have become the major coins.
It doesn't matter whether if it's a new and old coin. it will be still valuable when it has a good usability
People should be more careful in choosing altcoin but when it comes to the major coin and it doesn't give a guarantee if such coin can sustain for the long term.
We can see that from what happened with some old coins like bytecoin and many more.

The point you bring up is very important: if they have usability or any sort of value, they would have recovered. Seriously, so many coins from 2017 were pure trash, never completed in development or had other problems. Ran out of money even though they raised 30 million + or the team ran off, there are many things that happened with these coins. Some were just there to steal money from others. There is a tiny number of projects that is still around and delivering some update from time to time, but even those I think usually never planned to get it done in the first place. They are just afraid now to get sued for 30 million.

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August 08, 2021, 07:08:56 PM
 #120

The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.

The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.

Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.

yes I totally agree with your opinion that not all coins will follow the bullrun market movement because nowadays a lot of altcoins are launched just for a moment. once the developers make a profit then they leave the altcoins without further development. so it's better before buying an altcoin then we have to study and follow the development of the altcoin.

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