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Author Topic: Not all altcoins will recover  (Read 329 times)
inanilujimi
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September 15, 2021, 01:58:17 AM
 #61

That's what we can distinguish in the future which projects still exist and those that are dead for the upcoming bulls, make it a valuable lesson not to be easily influenced by fomo or hype on these altcoins.
Don't invest in something you don't know, do your research before investing.

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September 15, 2021, 04:24:08 AM
 #62

For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
Like in all investment places we must know which items/tools to buy and put into your folio because a small wrong estimation will bring you to the losing position.
there are many altcoins that best for investment but there are much many of shit and scam.
so best to know them or never invest at all.
That's what we can distinguish in the future which projects still exist and those that are dead for the upcoming bulls, make it a valuable lesson not to be easily influenced by fomo or hype on these altcoins.
Don't invest in something you don't know, do your research before investing.
you can distinguish in the future? b ut what about the time of investing?

will this be profitable or losing? this must be decided or else you will end up nothing.

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September 15, 2021, 09:33:08 AM
 #63

Ethereum, Binance, Solana could all be included in the statement (buy low sell high). But even that Altcoin can not necessarily be right on target because anything can happen in crypto. Loss and profits can be very fast and can take a long time.
Simple...
What's so simple about the market where volatility is uncertain and unexpected? You might have the courage to say that now since the market is a bit bullish but once you see and experience the bear market I have my doubt. Yeah, not every altcoins will recover since most of them are dead already but for those market who's still have a market movement every now and then will be the one to last long.

Most of these altcoins will recover especially those coins that was pumped by Elon Musk. A type of altcoins that was manipulated by them is kind of dangerous to invest once they suddenly left the market.
It's about the Altcoins referred to in this topic that not all Altcoins will recover and about the buy low sell high statement. I think only Top Altcoins can enter into the statement (buy cheap sell high) and I also can't justify that it will happen in crypto market activity because it all depends on market conditions. This can happen if done in the long term. That's what I mean.

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September 15, 2021, 11:20:50 AM
 #64

Yes all altocoins can not recover because some project wil not to good in their lifetime. It it all about some coin who has performed better in past and their team is working very hard all time for the project. If you see some project then you find that have come only to destroy investor's money like ACT (achain), Tuttifutti. Project that has some active thinking will definitely recovered or might passed ATH.

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September 15, 2021, 12:30:48 PM
 #65

Meme coins are very dangerous to invest but they can be profitable too only in a short period of time and after that when the dump season starts to occur, most of them will eventually end up as shit or dead coins. Same with those altcoins that are only good and profitable in the beginning but in the later part, they will lose their value and won't recover again.

Altcoins are highly volatile and they are more risky to invest compared to bitcoin. This is the reason that if you want to invest in altcoins, DYOR first so you won't end up losing your investments just because you have high hopes that altcoins will always be profitable and won't dump easily.

Well said, considering that nowadays such projects and coins have been rising rampantly. It is crucial to scrutinize every possible angle when investing with altcoins because not all coins are the same and their existential intention differ as well.

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September 15, 2021, 12:48:29 PM
 #66

For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
Altcoin is much profitable then bitcoin and another coins. Because some altcoins often pump 100-1000% If they can be held then anyone will easily become rich like lottery. But also altcoin is much risky

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sarmrakib
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September 15, 2021, 01:30:14 PM
 #67

For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
I think the strategy of buying low and selling it high only for the new traders not for professional trader .At the end they are always in loss if nothing exceptional happen on the invested coin .It can be profitable if you choose the top coin you can make profit in most of the time if market go through with the positive trend .I never suggest on this way of investment or trade i wanna suggest research both fundamental and technical analysis before enter the market if you don't know how to analyse do study on it .

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September 15, 2021, 02:15:26 PM
 #68

For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
Altcoin is much profitable then bitcoin and another coins. Because some altcoins often pump 100-1000% If they can be held then anyone will easily become rich like lottery. But also altcoin is much risky
bitcoin and altcoins have the same risk. but indeed the advantages of altcoins can give us greater than bitcoin. That's because investing in altcoins with strong growth requires a large amount of capital to earn decent returns. while altcoins have a surprising move.
It should be noted that there is a possibility that altcoins can be severely crushed when the value of bitcoin makes the altcoin market collapse.

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September 15, 2021, 04:40:16 PM
 #69

of course not all altcoins will recover, because only the popular altcoins will survive, therefore it is better for you to invest in altcoins that are in the top 100 on coinmarketcap, because it is safer and the price will definitely increase very high in the future, so of course it will allow you to get a big profits in the future from investing in altcoins in the top 100 on coinmarketcap at this time.

People just do not understand this, it seems they think that all altcoins are created equal as they receive the same denomination but this is not true, altcoins are very different among each other and while there are some decent coins like ethereum that allow you to make big profits the majority of the coins out there are either scams or bad projects that are never going to allow you to make profits, and holding them while there is a crash is a big mistake.


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September 15, 2021, 06:16:26 PM
 #70

bitcoin and altcoins have the same risk. but indeed the advantages of altcoins can give us greater than bitcoin. That's because investing in altcoins with strong growth requires a large amount of capital to earn decent returns. while altcoins have a surprising move.
It should be noted that there is a possibility that altcoins can be severely crushed when the value of bitcoin makes the altcoin market collapse.
Bitcoin and altcoins never have the same risk. When you say altcoins there are good ones and high level ones but there are also very low level and not even listed on CMC ones as well. Bitcoin and ETH may have the same risk I can agree with that, same amount of drops and increases in the % column but when we are talking about something so new and bad that it is not even listed anywhere could go to zero over night and nothing can stop it. Which is why I do not believe that all altcoins are the same. This only supports what OP has said, there are ones that will recover from this, recover from most things but there are also ones that makes zero sense and will never be recovered.

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September 16, 2021, 07:00:17 AM
 #71

Official data from the coinmarketcap and coinecko sites there are already more than 10k cryptocurrencies, with the large number of cryptocurrencies making competition very fierce, this competition will make many altcoins die so only a few can survive and recover when the price drops.
it is very difficult to predict everything, but there are many events that we seek information after the pump occurs on a particular altcoin. therefore, for long-term investment, it is better to choose a clear coin, and risk capital to have fun on new altcoins, or altcoins that we think have potential in the future

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September 16, 2021, 11:01:15 PM
 #72

This is the importance of doing research and analysis before finally deciding to invest, so that we don't choose the wrong coins for investment.
Indeed, the reality is that not all altcoins will recover after the dump, there are even altcoins that eventually become dead coins, because
the team of developers decided to leave the project. What's scary is that the new altcoins that appear today mostly end up being shitcoins,
meaning that once the price drops it's very difficult to recover. So indeed we all have to be very selective in choosing altcoins for investment.
I agree with your suggestion that we should invest in the top 50 coins, most of which have a fairly high demand and will usually recover if the price of
Bitcoin rises. Especially for beginners who do not have the knowledge and experience, choosing an investment in the top 50 coins is highly recommended.
I have experience holding a coin that I expect to rise in the future, but after waiting for almost 1 year, there is nothing update from the dev and the team and finally, the exchange delists the coin. It is sad but I can not do anything except accepting the announcement from the exchange. I can only search for the other exchange and try to send it to them and sell it at once. At that time, I do not think that the price can increase but I prefer to get the money and send it back to the previous exchange so I can search for the other coin.

It is hard to analyze but that is worth doing because at least, that is the one thing that we must do if we want to make money from trading. That is our job to analyze one by one from the lists so we can find the right coin to help us to make money.

Your bad experience with holding the wrong coins was experienced by many people, including me, also experienced the same thing. It makes us
stressed and upset at first, but it becomes an unforgettable experience and can make us even better. Because bad experiences make us more vigilant
in making decisions, then from that bad experience we can learn a lot to fix the mistakes we have made. It's not an easy thing to do the analysis,
sometimes our analysis is not accurate, but as long as we never give up and always try to give the best. I believe we will be more trained in finding
good coins for trading or investment.

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turbo_trader0101
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September 17, 2021, 05:01:21 PM
 #73

Dont trade old coins, focus on new tokens that are just conducting token sales. As an example pay atention on https://twitter.com/DeHealth_World
Thats a moonshot token sale from my point of view
AI powered market place for medical data. That's a future top 100 project LFG
https://medium.com/@DeHealth/how-ai-could-predict-cancer-years-in-advance-c84206fbbcf3
andyou1234
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September 17, 2021, 07:12:06 PM
 #74

I think we need to be vigilant and have to be careful in choosing altcoins to invest in because not all altcoins will recover.  If you want an instant investment then choose an altcoin that is included in the top 10 of CMC, because this altcoin has great potential and prospects in the future.  Like ETH BNB Cardano polkadot litecoin and solana.

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September 18, 2021, 04:09:57 PM
 #75

I think we need to be vigilant and have to be careful in choosing altcoins to invest in because not all altcoins will recover.  If you want an instant investment then choose an altcoin that is included in the top 10 of CMC, because this altcoin has great potential and prospects in the future.  Like ETH BNB Cardano polkadot litecoin and solana.
The problem is that most people never really think about all the possibilities that could happen due to their actions, when they invest in altcoins they are thinking on all the money they could make but they never think about what are they going to do if things go in the wrong direction? And by the time they begin to think about this it is simply too late and there is nothing they can do about it, this is why newbies should not invest in altcoins and should concentrate only in bitcoin at the beginning of their careers as investors.


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September 19, 2021, 02:57:01 PM
 #76

For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
Not all altcoins can be selected.  sometimes we don't do an analysis of the coins we will choose.  many people get caught up in high prices.  Therefore, in my opinion, the most important thing is to choose and analyze coins accurately, for example, coins in the top 10 altcoins can be recommended

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September 19, 2021, 05:31:00 PM
 #77

I think we need to be vigilant and have to be careful in choosing altcoins to invest in because not all altcoins will recover.  If you want an instant investment then choose an altcoin that is included in the top 10 of CMC, because this altcoin has great potential and prospects in the future.  Like ETH BNB Cardano polkadot litecoin and solana.

I agree with you that not all coins are good to invest, because not all altcoins will increase, therefore we have to do an in-depth analysis of the coins we want to invest, in my opinion even coins that are in the top 10 of CMC are not necessarily profitable.  if we can't determine the ideal time to buy or sell the coins.

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September 19, 2021, 11:49:27 PM
 #78

For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
It is good to invest with projects that are worth more in development and market price. Some meme coin might become left behind if the market continue it bull run. Shit coins might have a serious fall if the market become instable having much loses when other coins are still doing well with there price movement.

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September 19, 2021, 11:56:03 PM
 #79

Look at the meme tokens now, most of them died already because they are useless in this market and that’s why they can’t exist even longer. We have to look for a more established coins or token if you’re going to invest make sure its worth it.

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Today at 04:52:59 AM
 #80

Look at the meme tokens now, most of them died already because they are useless in this market and that’s why they can’t exist even longer. We have to look for a more established coins or token if you’re going to invest make sure its worth it.
Are the current coins still less established for you? such as BTC, ETH, BNB and others, so you only see meme coins, even though meme coins are not to be owned and are not recommended for investment at any time by everyone.

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