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Author Topic: Be careful what you choose to invest in now, not all coins will recover.  (Read 2860 times)
Dump3er
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August 12, 2021, 09:56:34 AM
 #121

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.

That is where proper due diligence comes into play. If they only have a white paper to present and no prototype or any considerable blockchain-related experience, why would you even consider investing in their project? You either are in for the ride and hope to dump faster than others at the right price or you are just making a big mistake. Rely on what you would rely elsewhere. If you go to a doctor and he wants to operate on your knee, you'd probably like to know if he has ever done that before as well.

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August 12, 2021, 05:34:50 PM
 #122

I agree with your opinion, we should always be more careful in investing. That's why I prefer to invest in the superior types of coins found on the top exchanges. although the risk is still there, but it is easier to monitor.
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August 12, 2021, 05:37:20 PM
 #123

I agree with your opinion, we should always be more careful in investing. That's why I prefer to invest in the superior types of coins found on the top exchanges. although the risk is still there, but it is easier to monitor.

Easier to monitor and when they go down you still have the belief that it will recover. It is the best thing to invest in coins like bitcoin and ethereum because we trust them and we know that even when to go down we have the self belief that it will go up again.

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August 12, 2021, 05:46:06 PM
 #124

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.

I think everyone who wants to invest and look for short-term and long-term profits must have studied the development of the altcoin they want to buy. and they must choose the best altcoin according to them so that any risk can be accepted by them. even if they have to lose money.  because only "lazy" people will buy altcoins without seeing the development and prospects of altcoins well.

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August 12, 2021, 05:57:30 PM
 #125

investing is taking risks and of course we all know the consequences we have to accept with the money invested. Before investing it is very important to research how the development of the project, what products they offer, how big the project community / partners are, observing market movements and not panic selling. so before investing here it would be nice to choose a really trusted coin so that we don't lose the assets we have

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August 12, 2021, 06:21:05 PM
 #126

Yes, the market is recovering. BTC has hit 46K. Now we are seeing alt green. The market is on correction now. Because BTC comes down to 44k$.  So invest in some good and strong projects will be a wise decision.
One thing guys, please now leave these meme coins/shitcoins. Because they are useless. When any influencer will shill then they can give you profit. So think about it and try to invest in some legit projects.

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August 12, 2021, 06:45:24 PM
 #127

Yes, the market is recovering. BTC has hit 46K. Now we are seeing alt green. The market is on correction now. Because BTC comes down to 44k$.  So invest in some good and strong projects will be a wise decision.
One thing guys, please now leave these meme coins/shitcoins. Because they are useless. When any influencer will shill then they can give you profit. So think about it and try to invest in some legit projects.
Meme coins are useless but we are in their season and everyone knows they are profitable, I hate meme coins too but take a look at the popular ones even when BTC hit 46k again these so called shitcoins increases in value as well, I'm not saying everyone should invest I'm just saying meme coin has its season and that's 2021 just like how DeFI took over 2020

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August 12, 2021, 07:17:28 PM
 #128

I think everyone who wants to invest and look for short-term and long-term profits must have studied the development of the altcoin they want to buy. and they must choose the best altcoin according to them so that any risk can be accepted by them. even if they have to lose money.  because only "lazy" people will buy altcoins without seeing the development and prospects of altcoins well.
If you are investing into something a bit on the newer side, looking at the previous parts of it doesn't work, because it is new and there is no history behind it, which makes it a bit harder. I understand that it is not smart to invest into a brand-new thing right away if you are a newbie, but if you are not a newbie and you made some money, it is smarter to diversify your portfolio.

I have a friend who made a good return on his investments, and he divided them all into smaller pieces, many of them lose money, but some of them increase like he can't imagine. This way in 5 years or so, he turned his 400 dollars into 50k+ dollars, he didn't give up, he didn't cash out, he kept on investing small amount to new stuff, when they go up a lot, he diversified it to other stuff, and repeat that for 5 years. It is a difficult thing to do, but a very profitable one if you know what you are doing.

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August 12, 2021, 07:40:00 PM
 #129

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.

This opinion does not all have to be applied, it is not a good step to buy all the coins people are talking about, without a special analysis of the coin, because not all coins can provide a good value for the current market conditions, it is very wise if we can analyze separately the conditions coin.

Likewise with Defi and NFT projects there is no guarantee to make a purchase, if market conditions are good, this sometimes has no effect, projects that use bear markets sometimes cannot be predicted with certain patterns.

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August 12, 2021, 07:59:39 PM
 #130

I agree with your opinion, we should always be more careful in investing. That's why I prefer to invest in the superior types of coins found on the top exchanges. although the risk is still there, but it is easier to monitor.
Not only is it easier to monitor, but it is also easier to recover when it has experienced a decline in price and also more interest because the coin is already very popular and liked by many people, so there is less risk.

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August 12, 2021, 08:05:26 PM
 #131

This is correct, not all coins recover after dipping cause maybe they don't have what it takes to pump back up, most of them only pumped insanely during their first launch, and when the bear market came they dumped really hard and now it's dying slowly I know a few of them, it's important to always buy coins which has the capability to survive in a bear market not a coin which only booms during a bull run.

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August 12, 2021, 08:06:13 PM
 #132

I agree with your opinion, we should always be more careful in investing. That's why I prefer to invest in the superior types of coins found on the top exchanges. although the risk is still there, but it is easier to monitor.


You are indeed good at investing with altcoins that have high calculations, it is the right decision, but you should study and observe the movement of the coins we want to invest first, because then at least we know exactly what will happen in the future, I don't think all.  good altcoins can be profitable.
We don't know what future may bring us, the hope from our own research gives us trust to continue investing. Not all will move even the market is healthy some may take time as developments are ongoing.

Choosing the right project needs lots of time, don't rush your decision as most of the time riding with the trend creates mistakes and failed investment.

Keep yourself attach with the project that you are eyeing, more knowledge more trust that will build to you.

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August 12, 2021, 11:59:09 PM
 #133

This is an absolutely brilliant advice. You don't just go into the market and start buying just any old coins because you feel it would do good. Just take a look at all the coins that rocked 2018 altcoin season. Vast majority of them have lost over 90 percent of their value. So chose wisely when investing it altcoins
Just as the same with other types of coins. Like the meme coins that have taken the attention of mass investors and they're not likely stopping with that craze although the reality is that the craze and hype for meme coins have already stopped. The problem is that the newbies are still holding onto it and think that there's more that they've missed and something to show as they wait. But they don't know what exactly they're doing and they're only in the massive loss and can't accept the fact that they're too late already and the shows over for the meme coins.
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August 13, 2021, 12:47:37 AM
 #134

Some of them will not some of them later some will take time to recover, it all depends on how the platform evolves, each coin has their own time to evolve and recover, not because the market is recovering all coins are expected to grow or recover, it still depends on the coin's progress, so follow the coin's you've invested or going to invest, so you'll have the idea when it will have its time.
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August 14, 2021, 07:18:23 PM
 #135

We should invest in real projects that are still evolving and releasing new updates, news, and knowledge, in my opinion. The team should be active on all social media platforms and provide us with as much information as possible about their idea. I believe that the majority of meme coin's team members have fled and will never return. So be cautious and don't enter any currency without first analyzing their team.

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August 14, 2021, 11:51:40 PM
 #136

This is true, most altcoin don't recover after dumps thats why buy or investing in a project Whch can bounce back from any dump, bitcoin is a good example when it dipped to $3800 last year due to the news about the pandemic, so many people panic sold their BTC without thinking twice, after the dip bitcoin slowly recovered and thus year we made new all time high of $64,000, altcoins also recovered but not all of them will recover, always make sure you do a research and determine if the project seems like something that is good for long term or not, don't just buy anyone coin and start holding.

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odukoyaewatomi27
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August 14, 2021, 11:52:14 PM
 #137

Some coins will recover in a bullish market condition and a lot of people have lost a lot of money trying to buy the deep and invests in undervalued cryptocurrencies with the hope that they will rise in value and make profit when the woman comes around.
Personally I believe in investing in coins and proven over the years or have a good track record of success and did not dump too much in the bearish market conditions this shows that coin has good liquidity and a lot of people are holding it compared to coins that dump fast after a crash the market

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August 14, 2021, 11:59:51 PM
 #138

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.
Many meme coins are already dying increasing the numbers of loses by investors who had believed that the coins will survive longer than there expectations. We investors have to be very care about the way we buying into investing in new coins that might no last  especially those that are meant to scam people.

I still don't believe in most altcoins mostly those that are not stable coins. There are many coins now sporing out of the net with fabulous promises of being socially expected by the society but at the end scam investors of their funds. I prefer investing in Bitcoin and other stable projects that are not mouth milking promises at the later ends.

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August 15, 2021, 05:46:30 AM
 #139

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 guess you meant, explode

Your point on that is highly valid and I believe only newbies who don't take advice will be the ones caught in that deceit or veterans who are stupid enough to believe that such a web of deceit has changed. Investors should look at the utility of any token that has dumped to know if it's still valid to pick it up or not, and not just rush into it because it once had a great ROI with a striking ATH. Don't just buy for the sake of buying. That's just the point.

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August 15, 2021, 12:39:05 PM
 #140

Right, and you have to be careful, don't fall into shitcoins that will only make you mentally down with a price that is very difficult to recover. You need to monitor market conditions as often as possible to know which coins are booming, but there is also a need to analyze the coins, lest you have the wrong strategy to avoid losses. Some people must have experienced if they were deceived by shitcoin and experienced hard times with prices that did not recover, this could be an important point for you to be more vigilant.
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