Be careful what you choose to invest in now, not all coins will recover.

[dndfinance]

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.

True. As a beginner, just buy good coins like Bitcoin and Ethereum.

[FairUser]

The formula is simple and easy to understand, but those who apply it do it wrong and make incorrect judgments with it.

You can avoid doing this if you choose to research first before placing your investment, make sure to engage yourself as it's really
tough to make certain calls and losses your money.

Before deciding to buy something, ask yourself what you bought it for, do you understand it, or do you just find it very well praised by many people , wisdom is shown from here and of course we always complicate things.

Assess that's really the big factor before you decide, there's always big opportunities as the market continuously moving,

it's all about how you manage bringing your assessment into executions and earned out from your investment.

I don't understand what you're talking about, with what I've experienced from this market that's what I'm feeling. Assessing something is always the same, understanding it before making further intentions.

[Traderbtcc]

Agree, even real-project with good use case will have some struggle to do recover if its going to deep, i saw it on Pirl.
Becareful with what you pick since market is like a jungle which hard to predict.

The bitter truth, I remember most altcoins that had good product back in 2017 and pumped during that bull run, after the crash they never recovered from it, some of them were still up and running even till this recent bull run, but they were never able to go past the 2017 ATH, probably because they have lost the community cause new projects emerge everyday you need to be on top of the food chain if you want to stand a chance to survive.

I agree, invest in solid projects with good fundamentals that have a real world use case. I'm buying UTNP and 0xMonero right now.

This is first time I'm hearing about those coins you mentioned and I bet alot people have no clue about it either, it's better you stick to well known projects that are growing in fast pace, e.g the likes of Nearprotocol is a project you should consider to invest in for long term benefit, although don't forget DYOR, it's very important.

NEAR protocol is definitely a winner, not arguing that.

You can say that, but do not forget that other projects want to be the winner. All projects will compete to get the attention of the investor, traders, and the public and they will do many things to make sure that their project can make a big profit in the future. So that is our job to be selective to choose the project and always research before we invest in any project because we will have a responsibility to make sure that our investment can give us profit.

That's exactly how every financial market looks like, everyone wants to win or be on top but only a few can do that, the competition in the market ain't easy without a good tech, a great team or a solid community backing the project, it is bound to crash, I think this is what makes the crypto market exciting, seeing projects compete to win investors over and stay at the top, they will sell you anything as long they can make you buy their coin, this is why it's important to do a little research before buying and not just buy blindly hoping to make profit.

[Vaculin]

It's sometimes we do rushing the market and buy cheap coins, I'd experience that before, and guess what, it still stuck on my wallet until today, and have no chance to recover. The price of the coin isn't just the only thing to consider when buying, as what I did now, I took the background check of that particular coins, do market analysis, and etc...

In general, we do the search first. That is the only way to save from easy loss or our chance to make a profit.

And most of the time, this is the reason why it is better to stick with top currencies like btc, eth. Because even during bear season, you very well know that they will still have the market. Most alts with weak foundation can easily be abandoned by their developers. Even projects with good use case, you can never be sure of their survival. So if you don't want to worry that one day, your coins lost its value, choose the top alts.

That was the mistake I made coz I think that having these cheap coins will be able to give me a huge ROI in the future but what I've got is a big opposite to what I think first. That will be the lesson and learn I've got from investing in crypto, it was best to choose those coins that are already making a good history, not these shitcoins that are only made to give us losses.

[bitkanu]

I 100% agree. Just buy good cryptos like Bitcoin, Ethereum, etc. as a beginner.

Coz it can be the safe place for the newbies to invest their money. The newbies can be guaranteed from the liquidity and they can cash out their money anytime. That's different when they were investing in the garbage coin that doesn't have liquidity. they will not able to recover it their money once the dump happened due to the low liquidity.
The major coins are the best choice but it gives small market for the profit

[Dragonfund]

Exactly, not every coin is going to survive the bumps and dumps in the market even many recongized coins vanished in the past due to the extreme dump so the only way is to pick the right coin for long term investment is to look up the utility and community support.

This is normal thing in every bull cycle and think an average person who witnessed 2017/18 bull run knew exactly what happened to so many projects. It took grace for even bitcoin and Ethereum to survive that bear market.
This one is even still better because of Amm embedded on decentralized exchanges. Then, since coins were only listed on Centralized exchange, they were having the challenge of no liquidity and zero volume, user restrictions but today, Uniswap, Pancakeswap and Sushi are all here to serve every coin provided that they have the capability to make liquidity.

[LogitechMouse]

There are 3 types of investor. Conservative, Moderate and Aggressive.

You are either one of these 3 base on your risk appetite. You can't risk too much in your investment? Be conservative and just buy the coins at the top because even though they will go down, there will be a time that they will recover although I've seen some top coins that took quite some time to recover.

Now if you can take risk that high then be aggressive. Buy some meme coins or low market cap coins and just wait for it to pump. This is like a "Boom or Bust" type of investor where you either make high profit or you will lose it all. You can be a moderate one too and just pick the top coins out there and pick maybe 1 or 2 meme coins or shit coins.

Overall, researching is still the key. There are many information online already and you can ask them directly regarding the project itself.

[lienfaye]

Thats right, not all coins are worth to invest our hard-earned money especially the coins without utility and just pure hype.

This is the reason why extensive research is important because we are not certain if what other people suggestions or the current trend are really a good investment.

Some of us are investing in established coins that are already existing for years but it depends on investor's preference. I believe there's still a hidden gem in these new coins popping, we just only need to dig deeper to find it.

[kaseygriffin]

Perhaps seeing new entrants in the market and leaving with a loss is all too familiar. New entrants themselves always show greed and lack of real knowledge, and that will lead to losses in investment failure. But trends appear in the market that make people FOMO follow, dyor before doing something. For this market, anything unexpected can happen, so be prepared with it.

[Dump3er]

Thats right, not all coins are worth to invest our hard-earned money especially the coins without utility and just pure hype.

This is the reason why extensive research is important because we are not certain if what other people suggestions or the current trend are really a good investment.

Some of us are investing in established coins that are already existing for years but it depends on investor's preference. I believe there's still a hidden gem in these new coins popping, we just only need to dig deeper to find it.

You can of course gamble on pure hype, for instance like it happened with Dogecoin and Elon Musk, but if things go wrong you can get stuck very quickly ending up sitting on a pile of worthless coins or coins that won't bring back the money you invested. Too many coins in the market are all about hype and nothing else. Real utility isn't often what those coins are offering.

[oemar bakrie]

Thats right, not all coins are worth to invest our hard-earned money especially the coins without utility and just pure hype.

This is the reason why extensive research is important because we are not certain if what other people suggestions or the current trend are really a good investment.

Some of us are investing in established coins that are already existing for years but it depends on investor's preference. I believe there's still a hidden gem in these new coins popping, we just only need to dig deeper to find it.

You can of course gamble on pure hype, for instance like it happened with Dogecoin and Elon Musk, but if things go wrong you can get stuck very quickly ending up sitting on a pile of worthless coins or coins that won't bring back the money you invested. Too many coins in the market are all about hype and nothing else. Real utility isn't often what those coins are offering.

Thats right, not all coins are worth to invest our hard-earned money especially the coins without utility and just pure hype.

This is the reason why extensive research is important because we are not certain if what other people

[Questat]

Perhaps seeing new entrants in the market and leaving with a loss is all too familiar. New entrants themselves always show greed and lack of real knowledge, and that will lead to losses in investment failure. But trends appear in the market that make people FOMO follow, dyor before doing something. For this market, anything unexpected can happen, so be prepared with it.

I feel bad about them but that was their choice. As crypto becomes hot on the internet the more people getting interested to know about it, they are mostly rushing to the market and invested right away without any ideas about it. Because what I observe for them, for the newcomers are only focusing on the profit and neglected to see the negative of the market. That is why, when the market started to decline, they are also rushing to sell their crypto.

[Mahdirakib]

Perhaps seeing new entrants in the market and leaving with a loss is all too familiar. New entrants themselves always show greed and lack of real knowledge, and that will lead to losses in investment failure. But trends appear in the market that make people FOMO follow, dyor before doing something. For this market, anything unexpected can happen, so be prepared with it.

Newbie rarely does research before investing their money in crypto. Most of them flows with FOMO. Generally they thinks that investing in lower rank coin will give them huge profit when the market will be in bull trend. But the reality is different.  We can invest in top tier old altcoins without doing much research. Those coins have higher potential to increase in the long run. But we should do research when it's about unpopular and new alts.

[bitzizzix]

Perhaps seeing new entrants in the market and leaving with a loss is all too familiar. New entrants themselves always show greed and lack of real knowledge, and that will lead to losses in investment failure. But trends appear in the market that make people FOMO follow, dyor before doing something. For this market, anything unexpected can happen, so be prepared with it.

I feel bad about them but that was their choice. As crypto becomes hot on the internet the more people getting interested to know about it, they are mostly rushing to the market and invested right away without any ideas about it. Because what I observe for them, for the newcomers are only focusing on the profit and neglected to see the negative of the market. That is why, when the market started to decline, they are also rushing to sell their crypto.

Most beginners always make mistakes based on ambition that is not based on prior knowledge and research, and it is true that they only think of profits that they think will lead to quick profits.
but it's their right and for those who want to learn because their mistakes will be a lesson not to make mistakes again, and most of them are trapped in FOMO which is too easy to believe without doing research and trying to find accurate information.

[apa don]

That is true, always keep in mind that digital assets such cryptocurrencies are very volatile that it can get you rich quickly or make you poor in just a blink of an eye. Always keep in mind as well that invest what you can afford to lose especially in the world of cryptocurrency.

Yes, that's right, with so many coins in the cryptocurrency market asset, it's a serious thing in the asset market.
because in 100% only 90% are valid, and in the other 10% they want to destroy other market assets by themselves.
because some of those who invest have fallen in their investments, because they took the wrong step.
and just hope that in the future in the cryptocurrency market asset, there will be a blocking system about coins that are not clear.

[TheUltraElite]

That is true, always keep in mind that digital assets such cryptocurrencies are very volatile that it can get you rich quickly or make you poor in just a blink of an eye.

Buying bitcoin back when it was a three digit value in USD and selling today when it is five digit - I would not call that get-rich-quick nor riches in the blink of an eye.

It is more of a myth because altcoins tend to show that not bitcoin, but I dont think know much of professional traders who went from rags to riches trading altcoins. The most that people have been able to was to gain some and lose some eventually watching the altcoin die out.

But with bitcoin, you can never really make that mistake, buy it at low and you will be destined to profit in a few years. As with any other bear trend, those who bought at the last one between 2018-2020 are reaping a good profit at this price.

[Psynthax]

With more and more new coins appearing and projects becoming more and more competitive, choosing coins selectively is a must. Coins with good fundamentals in my opinion will be able to recover, but coins with temporary hype will continue to fall and begin to be abandoned by investors. It's better to choose a coin that is in the top 100 coinmarketcap as an investment because I think it's safer

I agree, most of coins that recover after bearish usually have good fundamental and good working real product.
but it's very unfortunate that most of the new peoples are investing in meme coins either because the hype or because they think it's gonna make them rich.
but the money invested to these projects with no product will also become such a waste, just see a good project with working product like axie with its game axie infinity, that's what i call promising project

[Robinson66]

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.

[Matteorsini]

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.

Meme coins are such a waste of your precious time and resources. This is why I never bothered keeping a single bit of my attention to them. I would rather invest my hard-earned money in profitable altcoins like ETH, ADA, LTC, BNB, and Stakenet XSN which has a unique use cases and technology-driven innovations.

[Kusman]

In fact, we don't know about it for certain. I mean that maybe even all of the altcoins will recover sooner or later. But it's of course better to make our choices as wise as possible. Otherwise, we'd have to wait for a very very long time to make a good profit or we may not even make a profit. There are some very obvious altcoins to invest into for example. They will be rising for sure eventually.