Bikan
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September 08, 2021, 08:32:15 AM |
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However, bitcoin and ethereum will continue to exist and always had promise. It is why, rather than stuffing the sack with a large number of coins and without any guarantee, you should cover it all with a small number of coins with a high degree of assurance. I wish to maintain ETH and BTC in my wallet. Once it comes to those other cryptocurrencies, it's wise to purchase so when value is clearly trending upward.
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Mikayla Buckley
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Activity: 62
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September 08, 2021, 09:08:57 AM |
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Some people think that every price drop is an opportunity. This is indeed correct. But don't choose meme coins. There are a lot of coins on the market now. Many coins went to death. Stop the loss in time when the price keeps falling.
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cheezcarls
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September 08, 2021, 09:39:07 AM |
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In other words, always do your own research and only invest an amount that you can afford to lose. To be honest, I've lost a lot of money investing in various coins no matter if they're legit or shit. We cannot predict on when they are going to recover, even Bitcoin and Ethereum despite that they're likely to have better chances in recovering than the others.
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rezasg
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September 08, 2021, 10:32:05 AM |
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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.
You should settle in for a long term investment. Choose a project with real utility where your money is safe. One very good project I'd like to recommend is XSN - Stakenet's native currency. Instant TXs and settlements Near-zero fees Scalable Cross-chain Private No wrapping API supported Backed by an amazing team and community.
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Lantind
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September 08, 2021, 10:44:37 AM |
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Some people think that every price drop is an opportunity. This is indeed correct. But don't choose meme coins. There are a lot of coins on the market now. Many coins went to death. Stop the loss in time when the price keeps falling.
Dead coins are never in the market, dead coins are only in the wallet with a value of 0 and have absolutely no market so they are never seen in the market, so what is in the market are coins that have developed even if it's just a meme.
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CaptainCrapper
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September 08, 2021, 11:09:15 AM |
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That's true, not all of the coins will recover just as what we see with other altcoins that have been through thick and thin of the market. There's no way for them to recover even if the bear market's gone. A sample of those can be found on the last pages of coin ranking sites. You'll be surprised that plenty of them have been through that situation and never got the attention to recover as they're dying slowly.
Yes all token is not good for long investment lots of project will crass so I always love and suggest own blockchain-based coin where we can recover our capital as soon as possible and we can get good feedback a short time. so we have to think more and more before any sector investment.
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dimox
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Activity: 1610
Merit: 1003
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September 08, 2021, 11:15:17 AM |
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yeah, best option is choose popular coin, that ready to give you profit. My strategy is very simple. Investing in top 20 coins. With big daily trading volume and real usage. Among them just few coins with good potential based on real projects and 1st rule is-dyor. Dont buy coins before you check all details.
yeah, top coin give you profit as long as you can hold your desire to sell it. expert will stay calm when market down, and always take the advantage for every movement.
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smyslov
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September 08, 2021, 11:23:58 AM |
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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 don't follow the rule buy when this coin because it's still cheap I like to see the potential of the market and why it's going down, every coin suffers from uptrend and downtrend you should check what is the reason why the coin is moving that way, not because of the market condition but more so on the opinion and reaction of its investors.
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Tipstar
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September 09, 2021, 01:49:44 PM |
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People should be aware what type of coin they are investing on. Established coins are going to get back to their all time high however the market is. Buying low and selling high would work with these coins while some coins are such that they rise high for a moment and never get back to Same hype, some meme coins and DEFIs coins are an example of those.
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Fredomago
Legendary
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Activity: 3178
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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September 09, 2021, 05:35:41 PM |
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People should be aware what type of coin they are investing on. Established coins are going to get back to their all time high however the market is. Buying low and selling high would work with these coins while some coins are such that they rise high for a moment and never get back to Same hype, some meme coins and DEFIs coins are an example of those.
Projects that really have usages and have a set of developers who are not stopping in developing are mostly the good one for investment, it's true that there are many assets that intend to be pump and dump and if you invest to that kind of project and you are not good in selling it in the right timing, you'll just going to waste your money. I won't comeback as the developers are already enjoying your money after they runaway, most of the time they are going back to promote new project under new system and will do the same thing as long as there are investors who are willing to support them. Be very vigilant and careful in choosing your investment.
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adeyemirichard71
Newbie
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Activity: 25
Merit: 1
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September 09, 2021, 07:21:30 PM |
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You are right, it preferable to go for a longtime investment because some coin aren't strong enough and beside there is alot of altcoins that are intend to pump and dump so will all need to be careful and research alot about the coin we are going to invest to.
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Lantind
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September 10, 2021, 11:48:18 AM |
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You are right, it preferable to go for a longtime investment because some coin aren't strong enough and beside there is alot of altcoins that are intend to pump and dump so will all need to be careful and research alot about the coin we are going to invest to.
Investment in the long term will always include the best coins in terms of ranking and trading volume, because from that everyone can see that the coins that are most in demand are coins that are suitable to invest in the long term.
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wahyu wida
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September 10, 2021, 01:51:21 PM |
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People should be aware what type of coin they are investing on. Established coins are going to get back to their all time high however the market is. Buying low and selling high would work with these coins while some coins are such that they rise high for a moment and never get back to Same hype, some meme coins and DEFIs coins are an example of those.
Projects that really have usages and have a set of developers who are not stopping in developing are mostly the good one for investment, it's true that there are many assets that intend to be pump and dump and if you invest to that kind of project and you are not good in selling it in the right timing, you'll just going to waste your money. I won't comeback as the developers are already enjoying your money after they runaway, most of the time they are going back to promote new project under new system and will do the same thing as long as there are investors who are willing to support them. Be very vigilant and careful in choosing your investment. In investing, of course, we choose the right assets, there are many new projects that only have a momentary trend, and after that they become dead coins. By choosing a project that has a real product, there will be many people who need it, so projects like this can grow and are safe for long-term investments, I take examples like Binance. different from a new project that has a good roadmap, but it is not in accordance with its development, so we can quickly run away from this project
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junkerr
Full Member
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Activity: 1022
Merit: 100
Meta4uStake.io
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September 10, 2021, 02:57:59 PM |
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the most important thing is the coin analysis before merging, the analysis aims to find out how the coin can develop and survive. there are big name coins being ruined and scam. it can't be a benchmark for a coin to be successful and recover. always be wary of any coin don't believe it and have to watch the development of the project team
that's why most of the altcoins already listed on the market don't experience development. that's because there really isn't anyone running a project or market that doesn't get support from the community. such assets will only follow the movement of bitcoin. even what is happening in the market is just a manipulation of BOT trading.
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Cling18
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September 10, 2021, 04:13:09 PM |
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You are right, it preferable to go for a longtime investment because some coin aren't strong enough and beside there is alot of altcoins that are intended to pump and dump so will all need to be careful and research a lot about the coin we are going to invest to.
This is what I've learned in investing for years that anything could happen anytime in the market so we have to be skeptical in picking a potential coin to invest with. During the dip, most coins could drop their price but not all of them could still recover so we have to be wise and mindful in choosing a coin. We should always check on their capability and history.
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Tigerheart3026
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September 10, 2021, 05:40:44 PM |
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The great competition between projects forces them to constantly develop and improve in order to offer their users more opportunities. This makes cryptocurrency projects better. It is important to have a large community for the development of the project. Now there are various incentive programs to support the community and attract new users to it. without community no project will keep the business in the long run or will never sustain to future. community can helps to bringing a loyal investors in the projects. if you survey in those of communities are inactive, investors can't trust and leave in the project.
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RockCryptoWorld
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September 11, 2021, 08:34:09 AM |
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Well I'm pretty sure about my SDAO recovering The project looks really interesting to me and I'm happy now SDAO is listed on KUCOIN This is a Top Project with Market Capitalization of $60M-$120M noticed by CryptoDep -They’re building a Crypto Hedge Fund and is the child project of $AE (Listed on Binance) -Team w/ connects to Binance, Huobi, Kucoin, Okex -Hedge Fund Goes Live SoonFire -Launchpad SDAO is a midterm/Long Term Hold. They have a packed roadmap. Considering how strongly it has resisted today’s dump, it will do well.
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kumala_abi
Sr. Member
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Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
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September 11, 2021, 01:05:33 PM |
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Some people think that every price drop is an opportunity. This is indeed correct. But don't choose meme coins. There are a lot of coins on the market now. Many coins went to death. Stop the loss in time when the price keeps falling.
if there are another coins with better fundamental why we should buy meme coins which is have no utility in ecosystem. Meme coins truely as speculation in market now and unfortunately alot traders buy it in hope to gain maximum profits but forget about the risk. without community no project will keep the business in the long run or will never sustain to future. community can helps to bringing a loyal investors in the projects.
if you survey in those of communities are inactive, investors can't trust and leave in the project.
building strong community also be main task developers team, its not easy for dev team build besides they could deliver usefull product and show good communication to community and investors.
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Lantind
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September 13, 2021, 08:54:15 AM |
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building strong community also be main task developers team, its not easy for dev team build besides they could deliver usefull product and show good communication to community and investors.
Communicating with investors and also embracing everyone to make it a community is very difficult now, because the competition between projects is increasing day by day so the development team also needs to fix this so that it can be carried out very easily.
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aioc
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September 13, 2021, 09:19:21 AM |
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I try to periodically analyze and shake up my investment portfolio to get rid of weak or dying projects tokens. When the market is in a correctional phase, then the freed up money can buy something more worthy. For example, Solana or Ether.
That's the right to do, always ready to cut your losses and to move on to a new project, the trend is always changing coins launch and die and there are new technology or company that will adopt and create their token, and always take time to discover new coin, new trend. I make it a point to spend an hour or two to check the announcement thread for new coins or tokens with potential in the market, this is where I discover Idena and Bitgesell and other coins worth investing.
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