Altcoin investments have become risky this day.

[Odusko]

While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?

[NdaMk]

I don't personally advice huge amount of trading in all this volatile altcoins. In fact investment should only be associated to stable coins like Bitcoins or some non/less volatile altcoins like Etherium and BNB. Although these coins too can also suffer dips time to time. But with there long time potential they have the ability to recover after every dips.
But those volatile altcoins like Luna are just like gambling coins where one can loose everything but also has the ability to bring out quick gains. And this actually lead greedy people into pouring out all the income into it.
Investment should only be on stable or less volatile coins only

[_act_]

It is just like saying can the sun shine. Altcoins have been very risky since the day they have started to be created, ICOs, IEOs, pump and dump, DeFi and many others are risky. Some are like ponzi scheme and some are just not worth it.

During bull run, you can buy altcoins, but during bear market, better to sell because they are most volatile and some altcoins will remain dead.

Buying altcoin at all-time-high is another problem because most of them do not use to reach all-time-high again. You can check many altcoin created like 5 years ago to see that I am right, which means they are not store of value.

[inanilujimi]

Every investment in any market has its own risks. what's more, investing in crypto, especially altcoins whose value is pegged on demand, if the demand is greater, the value will be higher and vice versa.
Altcoin are indeed high-risk investments from the start so don't put all your funds in just one altcoin, try to have a lot because we don't know even though the bear market will have altcoins pumped up every day, who knows it is one of the altcoin you have.

[livingfree]

While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?

You choose what you trust.

Not everything in the market of altcoins can be trusted. You've given an example that a sudden turn of event happens and that's why you need to choose wisely and be picky with your choices.

Many altcoins are good as seen but you'll never know when it's going to turn the side of the table and completely turn it upside down.

[Odusko]

Buying altcoin at all-time-high is another problem because most of them do not use to reach all-time-high again. You can check many altcoin created like 5 years ago to see that I am right, which means they are not store of value.

That is the worst decision any one can take buying altcoin during a bull run, because the correction stage is always awful as their crashes like a pile of cake kept under sun light. Altcoin is not the best choice for long term investment but just a speculative investment that is, get in at the right time and dumping them off at the right time too. I go with your opinion mate.

[makishart]

will we be able to recover, another coin like Luna did a total crash which is so bad for investors.

Don't take luna as a worthy comparison with the overall market crash. I do agree the luna's case was decreasing the trust from the investors to the crypto but again this is luna team's fault. We can't judge the fault that already made by the team would be destroying the whole of market.

In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?

Buy when it was red and sell when it was green and do you believe with this? Are you still seeing billions of volume in the altcoin market? Even some gamblers are putting more money rather than cashing it out from the market.

[Doell]

I believe market will recover and be bullish again, but who knows when that time will come, surprises as usual. Invest is indeed full of risks, if you question trust high in an altcoin investment, I fully believe high in bitcoin more than any other altcoin. Luna scenario is the worst and it's very shocking.

[bittick]

If this was not a risky investment and people will not call this as altcoin. Altcoin is a very volatile investment. If you are expecting this to be less risky compared with another instrument and why should not you invest in the stable token? During the bearish market altcoin become even more volatile than before. I think that if you are aware about this and then you must also try to think if the more pain and more gain. If altcoin was not volatile like this and traders will be so difficult to make some money from the market.

[naira]

Even the top 10 altcoins on CoinMarketcap I wouldn't really have high hopes when a bear market came along. Providing stable coins for these conditions is quite good and wait for the moment when you find a sign of an increase. There will be a lot of negativity after LUNA and I think Bitcoin is the safest place. Still a worthy long term investment when you no longer care about altcoins.

[X-ray]

In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?

We can and why not? If altcoin can't become a good investment during the bearish market and why do people still buy altcoin instead of blue chip coin in the market like bitcoin? It's caused by when you are buying altcoins and it's possible to get more return compared with the bitcoin and another major coin. People in the altcoins are seeking for the big profit. If you are dealing with the big risk and you will be getting more profit.
If you didn't wanna deal with the risk and why don't you go to the staking stable token?

[savetheFORUM]

While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?

Nothing have changed actually. This event that we are experiencing now are normal. We are only in the bear season but sooner or later the bear can also end and the bull will take place, and that's the time the market will recover and rise.

You might be new here, that's why you are still worrying but you should get used to this market, if ever you want to stay longer. As you know, this game is not for the faint hearted and for the person that don't have a big patience. Not all altcoins are like luna that is centralized and have a greedy team but most altcoins here are decentralized and are built with a good quality so yes you can always trust them.

[leea-1334]

It is just like saying can the sun shine. Altcoins have been very risky since the day they have started to be created, ICOs, IEOs, pump and dump, DeFi and many others are risky. Some are like ponzi scheme and some are just not worth it.

During bull run, you can buy altcoins, but during bear market, better to sell because they are most volatile and some altcoins will remain dead.

Buying altcoin at all-time-high is another problem because most of them do not use to reach all-time-high again. You can check many altcoin created like 5 years ago to see that I am right, which means they are not store of value.

Exactly. Investment by definition means risky. People can and do lose money.

And then we take a look into crypto,,, which by definition is highly volatile and more crowded with scams and vaporware than actual coins with true value.

You say some are like ponzi, I even believe most are. 99% is not an exagerration because for every Bitcoin there are 99 scams.

[arifteguhr]

Even the top 10 altcoins on CoinMarketcap I wouldn't really have high hopes when a bear market came along. Providing stable coins for these conditions is quite good and wait for the moment when you find a sign of an increase. There will be a lot of negativity after LUNA and I think Bitcoin is the safest place. Still a worthy long term investment when you no longer care about altcoins.

There are many negative perspectives after the Luna (UST) stable coin case because the coin is in the top altcoin, but who would have thought that the stable coin turned into a boomerang which has harmed investors, so we must be careful about investing and please monitor investments regularly from news latest.

[JeffBrad12]

Since when altcoin was not a risky investment? Even non altcoin like bitcoin was also a non secure investment. Crypto was about volatility when you will be seeing people will always try to buy and sell in the open market that has not yet regulated. This is different with the stock market.
There was no safe place in the cryto. The only stable token that has become a safe place that less risky this day. Even when during the bullish market and crypto market will always be a risky market.
This caused by the volatility

[Kemarit]

While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?

I guess there are still some good solid projects that you can 'trust' and invest right now, specially in the top 5 or at least 10 altcoins. But remember, just invest what you can afford to lose as their is a huge risk involved.

The Terra Luna might be the biggest bust of the year though and it  really put a lot of strain on the altcoin market. Nevertheless, since we are in a bear market, this might be the right now to invest because they are so cheap and then just HODL and wait for the next bull run and hopefully your invested money will multiply in the coming years.

[bittick]

The bearish trend was making the market became very volatile. So many people are betting with the market whether they must take short or long. Bitcoin is still in sideway and people are also feel confusing about the bitcoin movement because that's not moving as usual. Investing in altcoins meant if you wanna go long during the bearish market and this is not good. If you are seeing the market become very risky this day and yeah this is the bearish effect.
People are confusing to take short or long. The market was making it even worst caused by sideway will be only creating small pump and dum

[maydna]

I still believe in investing in crypto even though so many bad things have happened to many coins. That is why investing in altcoins is very risky because altcoins always follow the bitcoin price movement. If the bitcoin price drops sharply, the altcoins will also follow and make some altcoins decline sharply. If you invest, maybe you can invest in bitcoin because, at the very least, the price can go higher and have a chance to hit new ATH in the future.

[lombok]

If you are a weak hand, don't do it! Better save your dollar or just buy BTC.

In times like this, many new or old coins will experience a drastic price drop or it could be a scam. This is a crucial and tempting time when many would say buy the dip along with the enormous potential for scams in most altcoins.

But if you are forced to buy an altcoin, buy an altcoin that is really good and already has a history, network, strong community and mass adoption by means of DCA, or in small portions where if there is a scam not all your money is gone.

[sana54210]

While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?

You choose what you trust.

Not everything in the market of altcoins can be trusted. You've given an example that a sudden turn of event happens and that's why you need to choose wisely and be picky with your choices.

Many altcoins are good as seen but you'll never know when it's going to turn the side of the table and completely turn it upside down.

This is true, altcoin market is not something that could be trusted blindly, even though there are some which are good, we need to also remember that only like 1 out of 1000 coins/tokens are great, rest are not so much. We have like nearly 20k coins/tokens in crypto these days and that's just in CMC/Coingecko, we have plenty that didn't get listed there as well.

So, we should not be really believing all we see, because in over 20k+ projects, we only have like 20 really decent ones, I wouldn't invest into any other of them because I do not believe them to be that great. This is a big problem that we all have, and we should be very careful when picking any altcoins.