Altcoin investments have become risky this day.

[bestcoins1]

Now the bear market we are going through and bitcoin has declined so sharply, then to invest is certainly very risky especially in new altcoins and cannot face the situation as it is today, Many of us are currently feeling panic because we have held several coins but until now there has not been the slightest profit even we have suffered losses let alone investors who hold luna coins are certainly very hit by the current situation, I don't think this is the time to invest.

If at times like now you are afraid to invest, you will forever regret investing at a high price because you don't want to take advantage of every good coin at a low price like now.
Believe that those (investors) who regret Luna are those who bought Luna at a high price and did not have time to save their assets when the decline in Luna was so sharp in the market.

[SyndicateLabs]

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 think having a plan to avoid risks is essential. Bear markets are not so bad as many of us are still very happy to be able to profit from them. Some, such as switching to stablecoins for staking and receiving small returns instead of daydreaming about quick gains, do not seize such an opportunity. Anyway, over time, if we are patient and learn to adapt to them, the profits will come more or less.

[tygeade]

Confidence in large coins, especially Bitcoin, is still present despite this bearish market, in addition to the fact that the collapse of Luna has nothing to do with the bearish market, but is the result of another different accident, despite all these problems, we must not lose confidence in this promising market, there are always opportunities to profit even With this sharp bearish market, but you must trade with experience and caution, the best in these times is to invest in currencies that have proven their presence in the market despite all the difficult crises, the first of which is Bitcoin, of course.

Why wouldn't it be? I mean bitcoin is such a strong thing is that I do not think that anyone would ever doubt about it, I understand that the market could be down right now but the future is still bright. People need to understand that this is something temporary and we all know this, the price could be low right now with bitcoin, ethereum, bnb and all of that but at the end day it will be super high.

So, all these low prices are still something that we gain an advantage over and that is how we are going to make a profit, by getting in early before anyone else while the price is still low and waiting until it goes back up again.

[Cling18]

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?

Most altcoins are risky during the bearish season but it's still best to pick good sltcoins at low prices. Taking advantage of the market situation is still a good move especially if you're buying a potential and well-established coin. It's still good to buy coins like BTC, Eth and BNB and take a good profit when the market recovers again.

[Mame89]

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 think having a plan to avoid risks is essential. Bear markets are not so bad as many of us are still very happy to be able to profit from them. Some, such as switching to stablecoins for staking and receiving small returns instead of daydreaming about quick gains, do not seize such an opportunity. Anyway, over time, if we are patient and learn to adapt to them, the profits will come more or less.

The occurrence of bearishness in the stock market is certainly not desired by investors. However, this condition is a natural thing to happen. Thus, the thing to do is not to avoid it, but to take the most appropriate attitude, (Limit portfolio, don't over-buy coins). we need to prepare cash to buy altcoins. However, do not spend the entire budget because you can lose if the holding stock moves down. Leave at least 30-40% just in case

[Captain Corporate]

There is no market that goes straight up without ever having down days, even gold crashes at times. So we just need to realize this is also valid for crypto as well and move on about it. Plus we are a volatile market as well, which means that our downs are bigger than stock market downs, however our ups are much bigger as well. How many shares have you seen that went up x15+ in a single year? Bitcoin did that from april 2020 to april 2021, and yet we haven't heard anyone talk about it being much better than anything else in the world, plus so many projects going up after that. All in all, our downs could be high, but our ups are higher, hence volatility works for us.

[carlfebz2]

There is no market that goes straight up without ever having down days, even gold crashes at times. So we just need to realize this is also valid for crypto as well and move on about it. Plus we are a volatile market as well, which means that our downs are bigger than stock market downs, however our ups are much bigger as well. How many shares have you seen that went up x15+ in a single year? Bitcoin did that from april 2020 to april 2021, and yet we haven't heard anyone talk about it being much better than anything else in the world, plus so many projects going up after that. All in all, our downs could be high, but our ups are higher, hence volatility works for us.

One of the most common impressions specially the noobs is that they do really believe that the market could easily make them rich without even realizing on how the market behaves or works until they would see it for themselves on how it works and this is where self realization do happens and also it won't be called a market if it does have single path or movement.

Investment ok altcoins do impose always a risk even sticking simple with Bitcoin is still having that risk but of course it would be slightly different when you are sticking into something which is highly supported by the community.

[Oceat]

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?

Most altcoins are risky during the bearish season but it's still best to pick good sltcoins at low prices. Taking advantage of the market situation is still a good move especially if you're buying a potential and well-established coin. It's still good to buy coins like BTC, Eth and BNB and take a good profit when the market recovers again.

So far, Ethereum would be the best to invest in most altcoins and I don't know about BNB if they would still be the same after this drop or maybe they will be like ETH I guess we will have to figure out this on the next bull run. But for now, I would recommend to buy or invest in Ethereum and avoid all hyped altcoins since they won't bring more profit in this market situation. Most of them are good when the market is in bullish but with this bearish trend they might rug-pull most of the investors money in a one go.

[niceli]

People seeing others getting rich all think that they could get rich as well. This is why there are so many newbies who are shocked to learn that crypto is not something you could profit right away in a single day. You could think that it would be the same story for you, but in reality it is not and you are forgetting that there were thousands that lost money while trying to do the same thing. I hope that people would one day realize that following others footsteps will not make you rich, you need to find your own path and make your own money in order to get rich, otherwise you are just going to be someone elses pawn and nothing more.

[poodle63]

People seeing others getting rich all think that they could get rich as well. This is why there are so many newbies who are shocked to learn that crypto is not something you could profit right away in a single day. You could think that it would be the same story for you, but in reality it is not and you are forgetting that there were thousands that lost money while trying to do the same thing. I hope that people would one day realize that following others footsteps will not make you rich, you need to find your own path and make your own money in order to get rich, otherwise you are just going to be someone elses pawn and nothing more.

this is really true, lets be real the big capital people are literally profiting off many individuals in various investment market, like stocks, cryptocurrencies, and the likes.
the only way for any individual to make meaningful capital gain is to go against the wave of the masses, like the basic principle of investing basically going against the psychology of the market.
also, finding out their own way is also important, like getting rich isn't always can be done by only holding there are various ways of getting rich like doing business, etc.

[CaVO32]

People seeing others getting rich all think that they could get rich as well. This is why there are so many newbies who are shocked to learn that crypto is not something you could profit right away in a single day. You could think that it would be the same story for you, but in reality it is not and you are forgetting that there were thousands that lost money while trying to do the same thing. I hope that people would one day realize that following others footsteps will not make you rich, you need to find your own path and make your own money in order to get rich, otherwise you are just going to be someone elses pawn and nothing more.

This is the dilemma of these newcomers, they thought it is easy to earn profits from this market. However, once they got in and understand more about the trading market, they will realize that earning money is not that easy. Even if you dedicate your time and resources here, it is not a guarantee that you will earn good money. And besides, not all coins that you will invest will give you good return. A perfect example is what happened with LUNA, a lot of lives have been ruined by this coin. Some users are even thinking of committing suicide because they couldn't pay now their bank loan or lost their savings. Just look at how devastating this scenario is but how can you chase after these owners?

[LouVandetta]

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?

Everything or anything have became risky in this day. Altcoins usually follows the pattern of bitcoin. So, will it recover? Of course they will recover, you just have to be patient. But, since the market is in downtrend, saving your fiat might be your bestfriend if you don't know which one to put into your bag. If you think some alts are worth the investment, just trust your guts and your researches, ofc.

People seeing others getting rich all think that they could get rich as well. This is why there are so many newbies who are shocked to learn that crypto is not something you could profit right away in a single day. You could think that it would be the same story for you, but in reality it is not and you are forgetting that there were thousands that lost money while trying to do the same thing. I hope that people would one day realize that following others footsteps will not make you rich, you need to find your own path and make your own money in order to get rich, otherwise you are just going to be someone elses pawn and nothing more.

This is the reality now. People think that they can become rich just because others has became one. Nope. Everyone ar different from another. If they've hit the jackpot with their invetsment, that doesn't mean that you will too, at least you need to throw away those thoughts about becoming rich in a single night.

[South Park]

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?

If we are honest with ourselves then we need to admit that altcoins have always been risky, it is just that the risk that we incur changes depending on the market conditions that we see, and right now investing in any altcoin is incredibly risky, even investing in a stable coin which was considered to be a very safe move by some is proving to not be anywhere as close as safe as we thought, and it is possible that the collapse of UST could eventually bring the collapse of other stable coins, causing even more panic in the market.

[adzino]

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.

Altcoin investment was always riskier when compared to bitcoin. During a bear market, the price of altcoin falls much more than that of bitcoin. And then new altcoins are even more volatile. Better to invest in altcoins that has been in the market for years and has a good development team.
Many people predicted how Luna would crash and how UST would fail. The exact thing eventually happened.

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

Nope. You can never trust a "high" and unpredictable volatile investment.

[btc78]

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?

Is it only Altcoin ? i think everything now has a potential of being risky or at least riskier nowadays, because look at even Bitcoin is it still downing now while some altcoin has increasing like TRON(TRX) so this is not about altcoin but the whole market instead , I hate to admit it but the whole market is showing lowliness and there is no sign of this climbing at any time soon.

[TravelMug]

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.

Altcoin investment was always riskier when compared to bitcoin. During a bear market, the price of altcoin falls much more than that of bitcoin. And then new altcoins are even more volatile. Better to invest in altcoins that has been in the market for years and has a good development team.
Many people predicted how Luna would crash and how UST would fail. The exact thing eventually happened.

Exactly, although there could be arguments that altcoin market really give a huge profit because the price can get to 10x or even 100x it, the risk is higher as compare to bitcoin. I think everyone is familiar to what has happened to Luna, although it's in the top 10 and looks very promising and there is no hint of rug pull or scam. But we've seen the it went literally to 0 as it collapses and making investors mad at Do Kwon. So one must have to think that altcoin is very risky and it's better to invest on safe haven like BTC and ETH.

[el kaka22]

Now the bear market we are going through and bitcoin has declined so sharply, then to invest is certainly very risky especially in new altcoins and cannot face the situation as it is today, Many of us are currently feeling panic because we have held several coins but until now there has not been the slightest profit even we have suffered losses let alone investors who hold luna coins are certainly very hit by the current situation, I don't think this is the time to invest.

What are you talking about? Price going down is the least riskiest moment to buy something. I am not talking about go ahead and buy luna because it dropped so much, of course do not invest into anything that will make you lose money, but at the end of the day Bitcoin is a marvellous and amazing project and it will recover and you are going to make a lot of money.

This is why people should be investing into bitcoin when it goes down. Same goes for most major stocks as well, like if google or apple goes down, you end up buying it because you know that in the long term those companies will make you money and they will go up, because they are great in its core it is just the market that's shit at that point.

[SyndicateLabs]

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 think having a plan to avoid risks is essential. Bear markets are not so bad as many of us are still very happy to be able to profit from them. Some, such as switching to stablecoins for staking and receiving small returns instead of daydreaming about quick gains, do not seize such an opportunity. Anyway, over time, if we are patient and learn to adapt to them, the profits will come more or less.

The occurrence of bearishness in the stock market is certainly not desired by investors. However, this condition is a natural thing to happen. Thus, the thing to do is not to avoid it, but to take the most appropriate attitude, (Limit portfolio, don't over-buy coins). we need to prepare cash to buy altcoins. However, do not spend the entire budget because you can lose if the holding stock moves down. Leave at least 30-40% just in case

Seeing that some major financial markets, such as stocks or real estate, are not doing well, I see that a difficult period in life has been and is happening. Anyway, the fact that people stuck with the investment they made with the desire for quick profits is also a lesson in not keeping money under control in the face of very large and disguised gambles. Anyway, at this stage, talking too much about negative stuff will only add to their confusion, but don't be too afraid and continue to do more thorough research before making investment decisions in crypto assets. Although I also like this market very much, I don't always laugh at the profits. Sometimes everyone needs to learn more satisfaction and keep trying harder.

[ragini330]

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
[Yes its true that bitcoin volatility has forced people to look for more secure investments. Recently, I go to know about Malconomy, the futire metaverse based earning. If you are interested in knowing more you are welcome.]

[Wildwest]

At this time indeed we have to be careful in choosing coins for us to invest because the decline continues to occur and we are not the year when this will end, as you said the LUNA project is currently experiencing major problems and very many investors are disappointed with the project because of the huge losses they have felt, if in doubt in investing at this time it is better to wait until the bear market ends.