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Author Topic: Stick to altcoins or switch to Bitcoin or stablecoins?  (Read 1171 times)
sulendra12
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January 12, 2022, 06:28:03 PM
 #141

So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.
It's okay if you switch to other currency and buy it at dip again. But why would you minimize your earnings if you can afford it with your spare money? While the altcoins on dip, you can just switch to Bitcoin and spare some into stablecoins. Or even just invest on all of those(altcoins, bitcoins and stablecoins) for more earnings. It takes lot of efforts but the earnings will worth more.

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January 12, 2022, 06:30:17 PM
 #142

if current market conditions continue to deteriorate into the future then saving our assets in stablecoins is the right solution, but if the market will improve slowly then just save your assets in the form of altcoins, in my opinion this is a good solution

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January 15, 2022, 12:15:11 PM
 #143


The matter is that altcoins can give potential profit that is more than Bitcoin or Ethereum can offer.
Stablecoins can not give such a big profit. They can not give profit at all if not to trade. They are used only as a trading tool.
Now many investors are looking for new and prospective projects at the early stages of their development to earn the maximum profit.
The demand in the early stages of investments is so high that appear platforms that allow investing in different projects on their seed and pre-sale stages.
Here is article about such projects - https://medium.com/@CFS_Protocol/crypto-fund-syndicate-cfs-protocol-ead595f0b1df

When cryptocurrency market falls stablecoins become very popular. People use stablecoins to fix their profit and safe their funds.
Also stablecoins are popular in trading.

After the raise of the market there is a fall of the market. Fall of the market allows traders to earn money such as the raise of the market.
Also falls of the market is a good reason to buy cryptoassets for the best price.
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January 15, 2022, 12:26:59 PM
 #144

^^ Perhaps what you meant is a bear market. But yes, that is right, it's a perfect time to accumulate many crypto that time because the price is going to be cheap.

So for me, it's not that bad to have altcoins in your portfolio in this bear market because many of them are going to fall very hard. Maybe even those that are in the 3 digits will go down to 2 if the bear market will be like in 2018.

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January 16, 2022, 04:10:32 AM
 #145

I think that each person has a way of seeing things in life, and just as they see them, they have another way of seeing their businesses, and in turn the market, but if they have altcoins at the moment, it is not a good decision to sell to buy BTC, BTC will rise in price, it will, and when it passes all the altcoins will begin to rise in price, that is something that will always be fulfilled, the rest for now is to be patient, and wait as long as necessary , I do not recommend buying BTC if there is no money, nor changing the altcoins for BTC right now, although the btc is somewhat cheap, it is available to the person wanting to buy BTC with the stablecoin, which would not be a bad idea.

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January 17, 2022, 09:14:06 AM
 #146


The matter is that altcoins can give potential profit that is more than Bitcoin or Ethereum can offer.
Stablecoins can not give such a big profit. They can not give profit at all if not to trade. They are used only as a trading tool.
Now many investors are looking for new and prospective projects at the early stages of their development to earn the maximum profit.
The demand in the early stages of investments is so high that appear platforms that allow investing in different projects on their seed and pre-sale stages.
Here is article about such projects - https://medium.com/@CFS_Protocol/crypto-fund-syndicate-cfs-protocol-ead595f0b1df

It is necessary to be ready for the fall of the market. In such case if investors is ready and use the necessary strategies they can earn money even on the fall of the market.
Fall of the market offers a lot of opportunities too.

The fall of the market is a good opportunity to earn money for traders but not for investors.
Usually investors earn money on the raise of the market but during the fall the sell the assets or lose money.
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January 17, 2022, 09:26:26 AM
 #147

Market is witnessing some gradual dumps and it's a know fact that altcoins will bleed more than bitcoin and they will be stable or recover only when bitcoin recovers and pumps. So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.

When bull comes many altcoins gains more than bitcoin eth and other big cryptos, It depends on what you trust. Do you trust in bitcoin or do you trust your altcoins which you invested and that altcoin will perform good in a couple years from now. If you want to gambling then just put your money in altcoins will be nice  Wink

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Coin_trader
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January 17, 2022, 09:30:46 AM
 #148

Market is witnessing some gradual dumps and it's a know fact that altcoins will bleed more than bitcoin and they will be stable or recover only when bitcoin recovers and pumps. So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.

When bull comes many altcoins gains more than bitcoin eth and other big cryptos, It depends on what you trust. Do you trust in bitcoin or do you trust your altcoins which you invested and that altcoin will perform good in a couple years from now. If you want to gambling then just put your money in altcoins will be nice  Wink

There's a crypto cycle which will be beneficial to you if you follow it. The start of the cycle was the pump of Bitcoin then Big marketcap altcoins will and  lastly small caps coins. If you know this pattern, You can easily switch asset base on the current trend on crypto, There's a time that you will have more profit on Bitcoin compared to altcoin so it will be beneficial if you have knowledge about it.

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January 18, 2022, 03:14:36 PM
 #149


The matter is that altcoins can give potential profit that is more than Bitcoin or Ethereum can offer.
Stablecoins can not give such a big profit. They can not give profit at all if not to trade. They are used only as a trading tool.
Now many investors are looking for new and prospective projects at the early stages of their development to earn the maximum profit.
The demand in the early stages of investments is so high that appear platforms that allow investing in different projects on their seed and pre-sale stages.
Here is article about such projects - https://medium.com/@CFS_Protocol/crypto-fund-syndicate-cfs-protocol-ead595f0b1df

It is necessary to be ready for the fall of the market. In such case if investors is ready and use the necessary strategies they can earn money even on the fall of the market.
Fall of the market offers a lot of opportunities too.

When market falls stablecoins becomes very popular and demand in them increases.
Also stablecoins actively use traders and trading volumes of USDT is very high and take a 2nd place after Bitcoin.
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January 18, 2022, 08:47:02 PM
 #150

I think that now the best option is to buy blockchain tokens, since this is where all the capital flows. In addition, there are large sums of money for development, and we have already seen that they hold up well despite the fall of the market. Personally, I prefer NEAR ATOM
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January 18, 2022, 09:38:15 PM
 #151

We have noticed that the market is gradually going down. At this time you have to invest very carefully and I prefer short term investment. Bitcoin and altcoins are all volatile. So I convert my assets to stablecoin.
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January 19, 2022, 06:29:17 PM
 #152


The matter is that altcoins can give potential profit that is more than Bitcoin or Ethereum can offer.
Stablecoins can not give such a big profit. They can not give profit at all if not to trade. They are used only as a trading tool.
Now many investors are looking for new and prospective projects at the early stages of their development to earn the maximum profit.
The demand in the early stages of investments is so high that appear platforms that allow investing in different projects on their seed and pre-sale stages.
Here is article about such projects - https://medium.com/@CFS_Protocol/crypto-fund-syndicate-cfs-protocol-ead595f0b1df

When market falls stablecoins becomes very popular and demand in them increases.
Also stablecoins actively use traders and trading volumes of USDT is very high and take a 2nd place after Bitcoin.

Traders earn money even on the fall of the market.
For investors fall of the market is a good time to buy the tokens for the best price.
But it is very important to check everything and evaluate the potential of the coin before investment.
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January 20, 2022, 07:27:05 PM
 #153

if current market conditions continue to deteriorate into the future then saving our assets in stablecoins is the right solution, but if the market will improve slowly then just save your assets in the form of altcoins, in my opinion this is a good solution
I believe that is a decision investors should have made since after Nov 10 2021 when we started experiencing this downtrend and if you have not done that since I believe you had rather Hodl your crypto assets because I think we might start seeing an upward trend sooner from looking at the daily Bitcoin price chat and also I believe the next weekly candle by 24 Jan 2022 might likely ba a Bullish start.
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January 20, 2022, 08:22:16 PM
 #154

We have noticed that the market is gradually going down. At this time you have to invest very carefully and I prefer short term investment. Bitcoin and altcoins are all volatile. So I convert my assets to stablecoin.
That's a pretty good thing, because if you look at the market that is currently very irregular, I think it's a wise choice to be on a stable coin because the risk is still quite small compared to being in alt or bitcoin.
but as you said, this is only for the short term and when the market returns to a bull run it would be great when we switch back to assets that we want both alt and bitcoin.

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January 20, 2022, 10:49:00 PM
 #155

If your coin is down like 50% I will say stay strong mate because you have witnessed the stunami and I hope you are still standing but seriously My take is if you didnt sell the top why sell the bottom It actually doesnt make any sense doing that mate

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January 20, 2022, 11:05:06 PM
 #156

There is sudden rise in the market and the same made Bitcoin touch $43000, following there is around +2% growth with altcoins. This didn't last for much time, the market was at the top for few hours and has declined steep back to the $41000 range. There is no big deflection in the altcoins market, probably this trend can continue. Or else this can be a market correction for a forward push.

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January 21, 2022, 08:50:23 PM
 #157

I think that now the best option is to buy blockchain tokens, since this is where all the capital flows. In addition, there are large sums of money for development, and we have already seen that they hold up well despite the fall of the market. Personally, I prefer NEAR ATOM

Excuse me, the way you say it is as if you were promoting that coin, however some things you say are true, in this market it is for the best opportunities, I know that people who manage to buy any altcoin can enjoy great benefits when BTC reaches its bullish trend again, however all tokens depend on the price of BTC, it is very difficult for the token to see rise, if they do it is because it is in constant pump and dump, it is very common and there are many projects that are being developed currently for that, like NFTs which mostly turn out to be scam.

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January 23, 2022, 05:42:50 PM
 #158

If you're searching for a long-term investment, Bitcoin is a must. Altcoins are useful if you want to experiment with the market and make short-term investments. Profits should be taken as quickly as possible, and then repurchased at times like this.
Don't rely on stablecoins because there are no gains to be made. Owning paper money is preferable to holding a dangerous stablecoin.
However, if you are searching for a cryptocurrency to hold, Look for good launchpad such as DAO maker. I just managed to join their best sales on the launchpad that had the highest ROI in 2021. Pretty cool!
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January 23, 2022, 05:44:14 PM
 #159

Market is witnessing some gradual dumps and it's a know fact that altcoins will bleed more than bitcoin and they will be stable or recover only when bitcoin recovers and pumps. So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.

In bear markets alts typically get hammered on price because  in a bull market most are just pumps toys to get more bitcoin in the first place.  So when there is no more excitement or pumps there is zero reason to buy.  Smart money is in bitcoin right now.
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January 24, 2022, 03:05:44 PM
 #160


The matter is that altcoins can give potential profit that is more than Bitcoin or Ethereum can offer.
Stablecoins can not give such a big profit. They can not give profit at all if not to trade. They are used only as a trading tool.
Now many investors are looking for new and prospective projects at the early stages of their development to earn the maximum profit.
The demand in the early stages of investments is so high that appear platforms that allow investing in different projects on their seed and pre-sale stages.
Here is article about such projects - https://medium.com/@CFS_Protocol/crypto-fund-syndicate-cfs-protocol-ead595f0b1df

When market falls stablecoins becomes very popular and demand in them increases.
Also stablecoins actively use traders and trading volumes of USDT is very high and take a 2nd place after Bitcoin.

In spite of the cryptocurrency market falls many people prefer to buy Bitcoin because now the price for bitcoin is very good.
Dip of the market is a good reason to buy altcoins for the best price.
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