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

[MI6]

What OP said is true. Before investing you should choose what coin you will invest first since not all is going to recover, also we should remember that holding sometimes is not a good thing there are times that it's is much better to sell and accept that you lose rather than wait and hope that the price will recover. It's better to be safe than sorry.

[Frengki_cisco]

Maybe- reasonable advice someone wants to make an investment in 2021- not a few coins die in the middle of the road, basically every company is too excited to create new and new projects.

This reminds me about the current too many coins circulating in the market makes me a little hesitant to choose a decent coin and really develop.

However-this time I actually chose the target I dreamed of.

[Tahsin Kabir Kollol]

Of course, before investing in Altcoin, you need to make a thorough verification of that coin. Looking at CMC, it is understood that there are many coins that have lost their value after coming to the exchanger and there are many coins that could not reach their listing price. So instead of investing in fraudulent projects and investing in trusted and promising cryptocurrencies, you can expect to make a profit after a certain period of time even if it is a temporary loss. Even if you invest in some shitcoin, you have to review it carefully and understand the situation and give up even if it is some loss.

[Fredomago]

I agree, everyone must choose wisely to invest in so many tokens. Pick the most reliable and very promising will give the investors a very comfortable and satisfying result specially if the project succeeded. There are tokens now that just for scam purpose. They will provide fake team and presentable site and tokenomics. But the end will define the real potential. Not all is good, better to move wisely and cautious.

Be cautious and wise when picking your best assets for your investment. There are many scam projects and expect to see more. Avoid picking those who are in hypes as the moment you place your investment, the time that it will be dropped and you'll lose your money.

With this current market, most of those top rated assets are moving alongside with Bitcoin. You can choose among them those that listed inside top 30.

There's a good chance that it will bring decent profits. Just do your research and always keep updated with how the market is behaving.
It saves a lot of time and money when you understand the project that you are supporting. Take time and go deeper.

[kevindjunaidi]

that's right, indeed not all cryptocurrency can recover after the price dump, so I recommend to investing in cryptocurrency that are in the top 100 on coinmarketcap, because its safer and the price will definitely continue to increase, so you don't need to be afraid to invest for the long term, because you will definitely get profit.

[Sardel]

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.

These new meme coins that were suddenly emerging in the market are an instant red flag for me. I don't want to waste my time and money on most of them. As much as possible, don't fall from their sweet promises of massive profit returns. If I were you, I would rather put my hard-earned money into a more established and stable project that has been around in the business for several years already. A project with steady development progress. The like of Stakenet XSN is a perfect example.

[Lunafox]

I agree, we need to be up to date and follow the market to realise when our coins are going to recover. The thing with recoveries is that we don't even need all our coins to fully recover. If we have one strong performing coin it is going to offset our losses in another coin. In my opinion it is best to just look at the whole portfolio instead of single positions. There will always be times where one coin is down and another one is up.

In the summer, the market volumes are falling, so the prices of cryptocurrencies are falling too. For any project, it is very important to have a large community, which is why crypto communities are created such as https://twitter.com/LiquidationsOf/status/1415853396792201216

[Wulan_maniez]

Someone who has experienced being fooled by shitcoin like me for example. It becomes a lesson and experience that in the future in trading and investing,
you have to really choose coins that are fundamentally good. Because if not, even though the price is very cheap, if it's shitcoin he can never rise,
even in a market that is bullish. Everyone who experiences this kind of thing has experienced the pain of losing capital in investing.

[Snappycoco]

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.

Yeah agreed. That's why doing our own research is a must before investing and not going to investing because of its trend. Doing our research let us realize and judge as to what could the possible price the project could be. Another thing is that most of the coins right now is overhype and overpriced due to having a meme functionality. There are many pump and dump coins right now in the market specially those meme ones.

[GaxviiBuss]

I think few words is enough for the wise, base on experience only coin with inherent value rise after the downturn, however, some coin value can rise beyond measure, more than 400% but not in all cases it's good to conduct necessary research before investing in any coin.

[bakasabo]

that's right, indeed not all cryptocurrency can recover after the price dump, so I recommend to investing in cryptocurrency that are in the top 100 on coinmarketcap, because its safer and the price will definitely continue to increase, so you don't need to be afraid to invest for the long term, because you will definitely get profit.

I totally agree with you but in my opinion choosing an altcoin that is in the top 100 coinmarketcap has a very high risk compared to an altcoin that is in the top 10, because the crypto market has not fully recovered, it is better to recommend an altcoin like ETH BNB Cardano polkadot litecoin uniswap tether  and XRP because this altcoin has great potential in the future,

How can Tether be a good investment? Invest $1, hold, and get same $1 in the end ?

I would not recommend to look only at a position in the top when selecting where to invest. Sometimes altcoins somewhere in the middle of the list can be more profitable than top10. Just look how this top is formed - by trading volume and market cap. With enough money, everything can be manipulated in the top. You have mentioned a correct word - potential. A proper research can help to find this potential; luck will help to make a right decision.

P.S. I'm not sure that XRP "has great potential in the future". I've been knowing this altcoin for my entire crypto life and it is still struggling to achieve its main goal. Yet still is not even close to achieving it.

[Chuky92]

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 agree earnestly with your last paragraph, projects whose team are ready to work, don't get bothered during bear market because they already have their works lined out and thus working on them such that when the market picks up, it won't be that they were doing nothing, but with what they have developed so far during the bear market will give investors or users the impression that the team are serious. Therefore in all, it is very important for people to be careful of what they buy, most coins are only good during bull market and once the market dumps, the team disappears; use case, active team and working products shouldn't be joked with, these things really matters in a project which aims to grow.

[Pintadj]

In the summer, the market volumes are falling, so the prices of cryptocurrencies are falling too. For any project, it is very important to have a large community, which is why crypto communities are created such as https://twitter.com/LiquidationsOf/status/1415853396792201216

The most important thing is to keep the community when the market falls, because during the market fall, the trust of the cryptocurrency also falls.

[Rb48]

If you want to invest, don't invest by buying all the coins in the market. There are some coins in the market that you can buy and invest to make a lot of profit later. Again there are some coins If you buy and invest those coins, you will not be able to make a profit later if the market dumps.So if you want to invest, you always have to invest by looking at good coins.

[zayika570]

In the summer, the market volumes are falling, so the prices of cryptocurrencies are falling too. For any project, it is very important to have a large community, which is why crypto communities are created such as https://twitter.com/LiquidationsOf/status/1415853396792201216

It is very important to support and preserve communities even with a falling cryptocurrency market, when investors ' attention to cryptocurrencies is not so strong, since after the market falls, there will be a rise.

[gundala]

Someone who has experienced being fooled by shitcoin like me for example. It becomes a lesson and experience that in the future in trading and investing,
you have to really choose coins that are fundamentally good. Because if not, even though the price is very cheap, if it's shitcoin he can never rise,
even in a market that is bullish. Everyone who experiences this kind of thing has experienced the pain of losing capital in investing.

bad experiences will make us a new person who will definitely be more careful to make decisions on similar things. if previously we were easy to fomo, so that we were stuck in a shitproject, surely after that we will be more vigilant and thorough in analyzing projects. I've experienced it too, my capital minus up to more than 70%. my money ran out so I had to try hard to cover the loss and raise capital again.
Since then I've been trying to learn market analysis, trying my best not to be lazy, and continuing to train my mentality and confidence in choosing potential projects, even though at this time there is still a bit of trauma so I prefer projects that already exist and are proven to have good progress. in the market.

[awik p]

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.

Therefore, before making an investment, it is important to do an analysis first so as not to be deceived by the many meme coins on the market. being more careful in investing in digital currencies will be better in the future by holding potential altcoins such as ETHEREUM, BNB and BITCOIN

when we talk about investment, it means we are ready to hold for the long term. and btc, eth, bnb are favorite coins for long term investment. Of the three, it is possible that the bnb will have the prospect of getting a bigger profit. but if we want to invest in a new altcoin, would it be better to use a small capital

[BitKongy]

Few coins like BTC, Ethereum, BnB and others will recover on the long term, what many investors should be worried about is the survival of new altcoins probably those that are trending right now, I'd only invest in new alts to make some short term gains, most if them are going to be bad for long term holding, DYOR

[TastyChillySauce00]

Someone who has experienced being fooled by shitcoin like me for example. It becomes a lesson and experience that in the future in trading and investing,
you have to really choose coins that are fundamentally good. Because if not, even though the price is very cheap, if it's shitcoin he can never rise,
even in a market that is bullish. Everyone who experiences this kind of thing has experienced the pain of losing capital in investing.

Most of meme coin will not be good for long term and shitcoins is also really bad for long term. These kind of coins only for speculation and it's really volatile and not really recommended for most of people and it's true sometime even if the market is bullish memecoins will still stuck.
coin that's best for long term is like axie, with its game it can give good profit for long term because their game is getting popular slowly but sure and it has attracted many people although it takes few years.

[DonFacundo]

Right, when the market is down choose wisely which coin will recover if the market will bounce back. Yes, not all coins will recover because some of the coins were turn to scam or just having a problem to the project so you should DYOR the project before to invest not just investing without doing research or you will regret soon. Top coins were likely to recover so I recommend to invest in the top coins and also good for long term investment.