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Author Topic: Be careful what you choose to invest in now, not all coins will recover.  (Read 2860 times)
Dewajuna09
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August 26, 2021, 09:11:57 PM
 #201

it is true that most crypto currency is almost 90% of the price does not recover. This is what makes investors disappointed. You have to be careful in choosing investments. Dyor. a new project in collaboration with a well-known exchange has a 99% chance of success.

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Shallow
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August 26, 2021, 09:40:29 PM
 #202

That is really true, a lot of people are in huge losses now because the coins they bought when in dip is nothing to write home about, almost looks like an abandoned project, moreover that's what most project team are doing now, especially those built on nothing but hype; exiting the project.
One fact is, the market dump provides an opportunity to buy cheaper, but that opportunity is not to be wasted on certain coins, hence the Importance of having done your research first, so that when the opportunity comes you buy in. Imagine someone buying the dip of most of these hype coins which are flying around, what will the person achieve? Therefore, it is very important to go for only the coins with potential, coins whose team are putting in great effort to ensure they stand out, a good example is SOL, still wondering what's causing the massive growth recently but nevertheless it shows the team are doing their job well.

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Psynthax
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August 27, 2021, 02:20:27 AM
 #203

I don't agree with your statement, I don't think it's the market that hasn't recovered but those of us who don't have the patience to wait for market conditions to improve, my advice is don't sell assets when the market is experiencing a correction, wait until the market recovers.
it come again to the asset that you hold, if what you hold is a meme coin it can have higher chance not recovering its price back because this coin can get its price that far because hype and if the hype is gone, the price will be below its ATH. But maybe if the market condition is good even a meme coin can recover back its price but I don't recommend meme coin because it can make you lose your investment because its very speculative.

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August 27, 2021, 08:28:21 AM
 #204

That is why always buy what you can afford to lose in, and if ever you invest a coin here in cryptocurrency make sure this has been listed
at top in the market anyway, because there is a high chances for you to earn in the end. Just always be alert with the altcoins your gonna buy
it in any of the exchange site platform.
Now everyone knows good coins and bad coins, except for newbies who are new to cryptocurrency, so there is no need to worry about choosing a coin as long as you are still in the top 10 cryptocurrency coins because it will be safer for anyone when they put their money in there.
blue_nexus15
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August 27, 2021, 08:39:45 AM
 #205

This is the reason why I only focus on investing in the top coins because the ability to encourage demand in large, reputable platforms is always more concerned than coins that are just pumped and dumped.  Until I really define the potential of a project, I'm not going to ride the roller coaster.

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August 27, 2021, 10:47:52 AM
 #206


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

Now the competition between cryptocurrency projects is very high and no cryptocurrency project can survive without a large community.

It is difficult to develop a project without the support of the community. Any crypto project is made for people and the community is necessary in order to support the users of the project.
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August 27, 2021, 10:57:15 AM
 #207


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

Now the competition between cryptocurrency projects is very high and no cryptocurrency project can survive without a large community.

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.
Handpari
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August 27, 2021, 11:34:56 AM
 #208

At this session NFt coins specially gaming coins is better choice. Some big coins like BNB,Sol,ADa,Dot can also give you profit but stay away from Shit coins. Now trend of Meme coins is over. No big whale will buy it and can go down further. I am now investing on Eth,Bnb and Nfts Coin.

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August 27, 2021, 11:46:09 AM
 #209

Its always safer to invest only in top atls with real value and user base
kotajikikox
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August 27, 2021, 12:26:36 PM
 #210

At this session NFt coins specially gaming coins is better choice. Some big coins like BNB,Sol,ADa,Dot can also give you profit but stay away from Shit coins. Now trend of Meme coins is over. No big whale will buy it and can go down further. I am now investing on Eth,Bnb and Nfts Coin.
Don't trust too  much in NFT meme coins because we don't know when the whales will dump those and what will happen to the market of NFT after that.
better not to expect much or else you will lose everything you invest on this specially AXIE infinity related profit.
Its always safer to invest only in top atls with real value and user base
That is absolutely right , but ofcourse depend on what is your target , if short time trading then best to try pump and dump coins.

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August 28, 2021, 02:37:10 AM
 #211

This is the reason why I only focus on investing in the top coins because the ability to encourage demand in large, reputable platforms is always more concerned than coins that are just pumped and dumped. 
This can be applicable if you are willing to Keep the coins holding and can wait because top altcoins are slower moving not like lowered coins that mostly are the spikers .
the price will Hit the top today and will be dead tomorrow .
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Until I really define the potential of a project, I'm not going to ride the roller coaster.
it is not the roller coaster ride that some traders are looking but those who will used as Pump and Dump by whales in which you are very lucky if find and invest on them in right and perfect timing.

because those coins are usually reaching the highest but also dropping to lowest in short span of time .

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dndfinance
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August 28, 2021, 02:41:39 AM
 #212

True. As a beginner just buy Bitcoin and Ethereum. That’s the safest thing you can do.

I like cryptos and stocks. Not a financial advice. Subscribe to my YouTube channel! linktr.ee/dndfinance
Iminingpro
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August 28, 2021, 08:20:14 AM
 #213


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

Now the competition between cryptocurrency projects is very high and no cryptocurrency project can survive without a large community.

Now you need to carefully choose projects before investing, because there are a lot of scams. You need to check what kind of community the project has, the number of users, what is being done to develop the project ecosystem and how the project is developing.
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August 28, 2021, 08:39:15 AM
 #214

You correctly noted that not all coins grow after the release of the project, but the process and mechanics of investing always carry risks, the maximum profit can be obtained, in my opinion, this is only at the bottom with new projects in the short term, it is very difficult for a novice investor to make money on the same bitcoin , especially with not very impressive investments.
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August 29, 2021, 04:29:16 AM
 #215

I agree with you, old coins that already have products are safer to invest than new coins, because we can already see the progress of old coins that already have products and of course old coins will be more popular than new coins, so the price will definitely continue increase and give us profit.
Not all old coins become popular in the cryptocurrency market, it still really depends on the team's concern in developing their coins and products for everyone, because the popularity of a coin happens when the users become more and more, so you should know about this too and always analyze all the coins so you can make a choice on any coin, because hitting the flat in the form of the same rating is not very good.
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August 29, 2021, 06:08:56 AM
 #216

I agree with you, old coins that already have products are safer to invest than new coins, because we can already see the progress of old coins that already have products and of course old coins will be more popular than new coins, so the price will definitely continue increase and give us profit.
Not all old coins become popular in the cryptocurrency market, it still really depends on the team's concern in developing their coins and products for everyone, because the popularity of a coin happens when the users become more and more, so you should know about this too and always analyze all the coins so you can make a choice on any coin, because hitting the flat in the form of the same rating is not very good.
we can't see everything just by looking at the rankings on the market cap.
all assets are determined from market demand. We have seen many old assets already in the market but not getting good enthusiasm from the community and the market.
when the project does not develop and there is no longer good demand in the market, it becomes a bad thing for the market development of the old asset.
most of the old projects that fail to get a good market, will only update following the market trend. like migrating to a chain that is in vogue. we can see it happening this year when BSC got its popularity.

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August 29, 2021, 11:00:45 AM
 #217


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 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.
Pamadar
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August 29, 2021, 11:27:07 AM
 #218

You correctly noted that not all coins grow after the release of the project, but the process and mechanics of investing always carry risks, the maximum profit can be obtained, in my opinion, this is only at the bottom with new projects in the short term, it is very difficult for a novice investor to make money on the same bitcoin , especially with not very impressive investments.


The logic that you are pertaining is right, with how valuable Bitcoin now,

If you don't have that huge start up investment, the profits are not that much, while choosing progressive alts can provide decent profits. There's always risk all you have to do is to keep yourself doing your homework and make sure that you really understand what you are doing.

Be careful and have extra patients working with your research. Pick the right project for your investment.
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August 29, 2021, 11:37:44 AM
 #219

In my opinion we can't predict with accuracy weather a coin will recover or not. For instance btc after seeing its ath in 2017 went down to 3k in 2018. Everyone at that time said that btc is going down to 1k and won't come back again. Apart from that there were many alt coins that were sleeping or dead woke up one fine day.

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August 29, 2021, 04:01:47 PM
 #220

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 can invest and buy more coins that you want but with a great risk because not all coin can give you more profits some coins just give you more losses.It is important to do more research because we cannot predict the price oaf any coins.

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