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Author Topic: Altcoin investments have become risky this day.  (Read 3165 times)
peter0425
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June 06, 2022, 11:44:39 AM
 #101

Yeah and this is something many does not understand as they only seeking for their instant earning and not for the long term effect and benefits,
if youa re going to buy in this dumping season and will keep the funds for at least 2-3 years from now as the estimated time for Halving ? then surely in that matter you will make insignificant earnings and will be thankful for what we are advising them now.
If you are targeting long-term investment then make sure you choose BTC, ETH and BNB, the three altcoins that are worth holding until the halving term, I don't dare to suggest other altcoins even though they have potential for this year, but it will be risky if holding them in the next 2 years.
Yes, keeps adding Bitcoin aside from altcoins because this is the safest and most profitable in long term investments and we should learn to wait and support legit coins than those Pump and dump project that will surely make you hit the ground if did not take the chance selling in hyping season .

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June 09, 2022, 06:27:14 PM
 #102

From the outset, cryptocurrencies have been seen as riskier investments than other financial markets, not just risky altcoins. Bitcoin-only cryptocurrencies are considered the safest investments and the rest of the cryptocurrencies are riskier. The way to limit risk when investing in altcoins is to choose top altcoins and DYOR before investing.
I always laughed at that idea, like crypto is somehow more riskier than stocks or gold or fiat? I mean it is quite clear to me that other investments are a lot more riskier than crypto because when you hold bitcoin that means you are going to beat inflation and get richer most of the time, sure sometimes you need to wait for it but at the end of the day you are not going to end up doing anything that will be profitable for you if you invest into others like stock markets and sometimes the returns are silly. Sure crypto is more risky if you end up investing into something idiotic, but if you do not pick coins like that then there won't be a problem.
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June 09, 2022, 09:59:10 PM
 #103

Yes, keeps adding Bitcoin aside from altcoins because this is the safest and most profitable in long term investments and we should learn to wait and support legit coins than those Pump and dump project that will surely make you hit the ground if did not take the chance selling in hyping season .
Do you mean only focus on buying Bitcoin? I don't think we need to ignore altcoins, altcoins also have a good potential profit. But we must be careful to choosing altcoins to buy. Don't buy altcoins that have no clear fundamentals, especially those new altcoins. It is better to buy top altcoins that seem to have a good future and are supported by most crypto users. We can analyze the volume of its transactions on exchanges to know how well people support those altcoins.

peter0425
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June 10, 2022, 10:11:23 AM
 #104

Yes, keeps adding Bitcoin aside from altcoins because this is the safest and most profitable in long term investments and we should learn to wait and support legit coins than those Pump and dump project that will surely make you hit the ground if did not take the chance selling in hyping season .
Do you mean only focus on buying Bitcoin? I don't think we need to ignore altcoins, altcoins also have a good potential profit. But we must be careful to choosing altcoins to buy. Don't buy altcoins that have no clear fundamentals, especially those new altcoins. It is better to buy top altcoins that seem to have a good future and are supported by most crypto users. We can analyze the volume of its transactions on exchanges to know how well people support those altcoins.


I don't know if you fully understand what I posted here but it is clearly I mentioned "KEEPS ADDING BITCOIN" but i did not mention not to buy altcoin , what  i Say is optional , if you wanted safer investment then best to buy Bitcoin in this dumping season , but of course buy altcoin that moving great or lowering now as there is many chances to earn when the market return to Bull running like what happened constantly.
dump now and Pump tomorrow.

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June 10, 2022, 10:18:20 AM
 #105

From the outset, cryptocurrencies have been seen as riskier investments than other financial markets, not just risky altcoins. Bitcoin-only cryptocurrencies are considered the safest investments and the rest of the cryptocurrencies are riskier. The way to limit risk when investing in altcoins is to choose top altcoins and DYOR before investing.
I always laughed at that idea, like crypto is somehow more riskier than stocks or gold or fiat? I mean it is quite clear to me that other investments are a lot more riskier than crypto because when you hold bitcoin that means you are going to beat inflation and get richer most of the time, sure sometimes you need to wait for it but at the end of the day you are not going to end up doing anything that will be profitable for you if you invest into others like stock markets and sometimes the returns are silly. Sure crypto is more risky if you end up investing into something idiotic, but if you do not pick coins like that then there won't be a problem.
most people that says that are those kind of people that already Lose their funds inside crypto because of sometimes greediness or most of the times being NOOB.
They don't truly understand the market and all they knew is to Buy and sell and not when or what.
i am not giving them my concern as I try explaining this to the people around me that shows interest in crypto.
all i share is that never expect too much and never rush the profiting because this will lead to more losing if wanted an easy money .

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June 14, 2022, 09:09:11 PM
 #106

Yes but I think that web 3, web6.9 are looking pretty interesting now If we're talking about trends
 Smiley I find Point Network really perspective
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June 14, 2022, 09:40:07 PM
 #107

From the outset, cryptocurrencies have been seen as riskier investments than other financial markets, not just risky altcoins. Bitcoin-only cryptocurrencies are considered the safest investments and the rest of the cryptocurrencies are riskier. The way to limit risk when investing in altcoins is to choose top altcoins and DYOR before investing.
I always laughed at that idea, like crypto is somehow more riskier than stocks or gold or fiat? I mean it is quite clear to me that other investments are a lot more riskier than crypto because when you hold bitcoin that means you are going to beat inflation and get richer most of the time, sure sometimes you need to wait for it but at the end of the day you are not going to end up doing anything that will be profitable for you if you invest into others like stock markets and sometimes the returns are silly. Sure crypto is more risky if you end up investing into something idiotic, but if you do not pick coins like that then there won't be a problem.
most people that says that are those kind of people that already Lose their funds inside crypto because of sometimes greediness or most of the times being NOOB.
They don't truly understand the market and all they knew is to Buy and sell and not when or what.
i am not giving them my concern as I try explaining this to the people around me that shows interest in crypto.
all i share is that never expect too much and never rush the profiting because this will lead to more losing if wanted an easy money .
Never rush yourself on earning money or making profitable trades or investment because that not how it works because once reality do able to face up then you would realize that this isnt something

sticking with that buy low sell high kind of thingy which you do really believe that it was really just too easy to be done but once you do put your foot into the market and once you do realize it for yourself
then you would be finding it to be tough and challengin.Now that the market is on a great decline then this is where emotions do get involved on where you would need to decide
neither you would buy or wait up even further.

RussianEnglishTranslation
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June 15, 2022, 11:24:07 AM
 #108

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.
IMO, buying altcoins at an ATL is also a good idea. There is no guarantee that old daddy BTC will return to a dominance level over 55% like it did in the past. People these days just don't care about Bitcoin anymore. They realized that they can get rich by investing in an altcoin like IOTA, UTNP, or CNDL but they won't get rich investing in Bitcoin unless they are already rich due to the fact that its marketcap and price is just too high.
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June 15, 2022, 07:15:05 PM
 #109

Sorry but when it wasn't risky? Your life is risky too, every decision you make is kinda risky
I think you should spend more time on researching more info about new projects, their perspectives and potential
You'll find out that there are too many good projects, but UNIQUE projects are so rare
Point Network for example is the rare one, yet not that hyped but extremely underrated, worth checking out
CaVO32
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June 15, 2022, 07:30:05 PM
 #110

Yes, keeps adding Bitcoin aside from altcoins because this is the safest and most profitable in long term investments and we should learn to wait and support legit coins than those Pump and dump project that will surely make you hit the ground if did not take the chance selling in hyping season .
Do you mean only focus on buying Bitcoin? I don't think we need to ignore altcoins, altcoins also have a good potential profit. But we must be careful to choosing altcoins to buy. Don't buy altcoins that have no clear fundamentals, especially those new altcoins. It is better to buy top altcoins that seem to have a good future and are supported by most crypto users. We can analyze the volume of its transactions on exchanges to know how well people support those altcoins.
I don't know if you fully understand what I posted here but it is clearly I mentioned "KEEPS ADDING BITCOIN" but i did not mention not to buy altcoin , what  i Say is optional , if you wanted safer investment then best to buy Bitcoin in this dumping season , but of course buy altcoin that moving great or lowering now as there is many chances to earn when the market return to Bull running like what happened constantly.
dump now and Pump tomorrow.

If you do really want a bit of assurance with your portfolio, having bitcoin for me is also a must. When most of these alts are disappearing, btc stays. There will be promising and valuable alts to hold, but yes, that is for you to evaluate and study which one of them are worth holding to. Because let us admit, most of them are launched for the sake of the dev team's pockets. Very few has the sincerity to develop them into something useful for the public consumption. This is why, it is very risky when it comes to alts, you have no idea of the project's longevity in the market as it depends mostly on the team.
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June 16, 2022, 09:02:34 PM
 #111

Never rush yourself on earning money or making profitable trades or investment because that not how it works because once reality do able to face up then you would realize that this isnt something

sticking with that buy low sell high kind of thingy which you do really believe that it was really just too easy to be done but once you do put your foot into the market and once you do realize it for yourself
then you would be finding it to be tough and challengin.Now that the market is on a great decline then this is where emotions do get involved on where you would need to decide
neither you would buy or wait up even further.
Never rushing is so important that, even if you make a huge amount of profit, you should reinvest all of that back to crypto, can you do that? Doesn't mean you have to, if you think it will go down then getting out makes sense, it is about "being able to".

So, let's say you once invested 1k into bitcoin, not a lot of money, but it became 100k one day, would you be able to not cash that out? If you can do that then you are doing the right thing. This is why I love bitcoin, it teaches people patience like zen masters, you do not have to go to Himalayas or whatever and learn to be a monk, if you can see your profits rise or drop and still do not act, that's fine.

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June 17, 2022, 05:49:18 PM
 #112

Yeh it's absolutely right that investment in altcoins is becoming risky and risky because most of the altcoins has break their strong ever support which mean that all those trader who believe that these coins will not break their strong support and they take entry now all of they are in loss. I personally invest in sushi at their strong support but now it broke and this put me in great loss. So take entry in altcoins before too much research.


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TheClownSong
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June 17, 2022, 10:33:40 PM
 #113

Yeh it's absolutely right that investment in altcoins is becoming risky and risky because most of the altcoins has break their strong ever support which mean that all those trader who believe that these coins will not break their strong support and they take entry now all of they are in loss. I personally invest in sushi at their strong support but now it broke and this put me in great loss. So take entry in altcoins before too much research.
i am believe invalidation on support will happen soon, we are in good level to accumulate our portofolio now. we are in bearish trend for more than 11 weeks and believe it would not last foreover and end immediately. alot altcoins now in their monthly support , bounce will happen soon when bitcoin reach it climax selling.
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June 18, 2022, 01:57:18 AM
 #114

i am believe invalidation on support will happen soon, we are in good level to accumulate our portofolio now. we are in bearish trend for more than 11 weeks and believe it would not last foreover and end immediately. alot altcoins now in their monthly support , bounce will happen soon when bitcoin reach it climax selling.
When do you think bitcoin can reach its selling climax? so that a bounce could happen soon because I see this bearish trend level is still continuing and the possibility will be a little longer than the previous one, so I need to know when a bounce can occur in the market? because for now I never thought about it.

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June 18, 2022, 02:26:18 AM
 #115

i am believe invalidation on support will happen soon, we are in good level to accumulate our portofolio now. we are in bearish trend for more than 11 weeks and believe it would not last foreover and end immediately. alot altcoins now in their monthly support , bounce will happen soon when bitcoin reach it climax selling.
I'm not sure if it'll happen anytime soon, but I feel like those who have just started investing since the beginning of this year are suffering huge losses. And perhaps now or while waiting for more upcoming signals, it is necessary to build a long-term plan for the future. While it's not a loss, I'm trying to allocate assets so I can DCA with BTC as well as some of the top altcoins. Personally, I don't feel like there's much momentum in the market right now. Perhaps this bleak period will last longer.

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June 18, 2022, 04:54:18 AM
 #116

Yes, keeps adding Bitcoin aside from altcoins because this is the safest and most profitable in long term investments and we should learn to wait and support legit coins than those Pump and dump project that will surely make you hit the ground if did not take the chance selling in hyping season .
Do you mean only focus on buying Bitcoin? I don't think we need to ignore altcoins, altcoins also have a good potential profit. But we must be careful to choosing altcoins to buy. Don't buy altcoins that have no clear fundamentals, especially those new altcoins. It is better to buy top altcoins that seem to have a good future and are supported by most crypto users. We can analyze the volume of its transactions on exchanges to know how well people support those altcoins.



We are not going to ignore altcoins but let's allocate a large amount to bitcoin and only invest in altcoins with sufficient amount. There are many potential altcoins that can give very good returns, sometimes the return is bigger than what bitcoin gives us but the risk is also huge because most will only increase when bitcoin goes up, all depends on bitcoin. Totally agree you don't risk new altcoins, just focus on top altcoins, big enough altcoins.

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June 18, 2022, 09:56:55 AM
 #117

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?
Some problems will happen during a bear market, as was the case with Luna, and I'm sure it won't be the last. There will be many investment funds or different projects that will encounter the same situation. The inflated bubbles will gradually burst and burst empty. I think it's not just for altcoins that BTC currently has a deeper bearish signal towards the levels we refer to as support.

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June 18, 2022, 10:43:36 AM
 #118

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?
Some problems will happen during a bear market, as was the case with Luna, and I'm sure it won't be the last. There will be many investment funds or different projects that will encounter the same situation. The inflated bubbles will gradually burst and burst empty. I think it's not just for altcoins that BTC currently has a deeper bearish signal towards the levels we refer to as support.

It's common practice that cryptocurrencies are a quick way to get rich, with $100k or less capital you can start a project that pumps a week or a month and makes the value skyrocket up to 10x then they sell all the stock and leave and start another new project. this is what makes the reputation of cryptocurrencies increasingly difficult for many people to accept.
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June 18, 2022, 11:03:54 AM
 #119

It's common practice that cryptocurrencies are a quick way to get rich, with $100k or less capital you can start a project that pumps a week or a month and makes the value skyrocket up to 10x then they sell all the stock and leave and start another new project. this is what makes the reputation of cryptocurrencies increasingly difficult for many people to accept.
If you think cryptocurrency is a quick way to get rich, then it is possible that cryptocurrency can also be a quick way to become poor when someone starts buying any cryptocurrency product at a high price and now he has felt a decrease in the value of his lost assets so that he becomes poor in a matter of seconds. weeks as well as months. Because in cryptocurrencies, the benefits and risks are always more balanced.

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June 18, 2022, 02:49:05 PM
 #120

Everyone certainly understands the decentralized system, the price is never predictable and it all depends on the market, cryptocurrencies are used a lot of speculators for big profits and in a short time, this is different from forex or shares that are not too fluctuating, I have traded on forex and after a month Not yet filled even though I just wanted to profit 3%, but in Cryptocurrencies I have sold with a profit of 15% and sold only 4 days.


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