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Author Topic: Altcoin investments have become risky this day.  (Read 3166 times)
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May 30, 2022, 06:33:51 AM
 #81

What is called investing does have risks, not only in cryptocurrencies elsewhere also have the same problems and impacts, here talking about investing in crypto, more precisely, I say in Altcoins, investing in Altcoins does have risks, both heavy risk and light risk or it is said to be a risk high and low risk, so if you invest in one Altcoin it is very risky if the market enters a bear state and this may have an impact on the coin you choose, especially shitcoin.

My advice is you better invest in some coins eg BNB or Ethereum and a few other choices of people who are categorized as coins that get good views and quality.

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May 30, 2022, 07:41:13 AM
 #82

I think this is still depend on your target and strategy in investing , because if you are tending for short term or at least day trading, then altcoins are hard to trust now , but if there is for long term ? or a yearly holding ? then why not try some legit project like top 10 coins?
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.
It is wrong mate because this is the perfect time to invest as the prices of coins are discounted and some are even more than 50% off .

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May 30, 2022, 08:50:51 AM
 #83

What happened to Luna will be a factor that other altcoins will not recover quickly in my opinion. And that is acceptable and makes sense because surely investors will rethink putting their money in altcoins. They must be more careful to invest even in coins that have great power. There will always be risk even on non-shitcoin projects.

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May 30, 2022, 09:01:37 AM
 #84

completely  wrong mate, because these days is the perfect timing to invest in Altcoins because  look at the market ? it is dumping and this would be the right timing to enter and wait for the increase in the coming days.

I have plenty of plans but I was stocked in bitcoin , ethereum and Ripple , so I may add small amount in at least Solana and Binance for more chances of profiting .

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May 30, 2022, 09:26:06 PM
 #85

completely  wrong mate, because these days is the perfect timing to invest in Altcoins because  look at the market ? it is dumping and this would be the right timing to enter and wait for the increase in the coming days.

I have plenty of plans but I was stocked in bitcoin , ethereum and Ripple , so I may add small amount in at least Solana and Binance for more chances of profiting .
This is the key to making more money. If you invest when it's low, you are going to make a lot more profit, but if you invest when it's high, then the only way to go would be lower. Tons of people invested when the price was hyped and we were in a bull run, and yes some of them made money but at the end of the day they didn't made the most optimum amount of money they could, because they didn't invest when it was 3-4k range just a year before.

So, if you invest right now, you will be making more money than anyone that will buy after this, when we start to go down. Do not buy when it's bull, buy when it is in the bear market to make the most out of your money.

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May 30, 2022, 11:24:20 PM
 #86

completely  wrong mate, because these days is the perfect timing to invest in Altcoins because  look at the market ? it is dumping and this would be the right timing to enter and wait for the increase in the coming days.

I have plenty of plans but I was stocked in bitcoin , ethereum and Ripple , so I may add small amount in at least Solana and Binance for more chances of profiting .
People would normally say that its over whenever they do see a declining market which is really a very common behavior to have and lets get used to it. Crypto investment is always been risky since from day 1

and i dont see for it to be a risk-free kind of thing thats why whenever you do make out some investment decisions then be sure that you are prepared on facing up potential losses and errors.

Even what time of the day or what days of they year then opportunities doesnt really come often thats why you should really make yourself that smart.

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May 31, 2022, 07:55:00 AM
 #87

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?
LUNA does not represent the totality of altcoins meaning that even if this coin has a drastic fall yet there are so many coins that we can expect to climb and best to invest .just be wise in choosing and be aware of the risk so only the amount that can be losing will be vested into this.

also Altcoin is risky ever since just like Bitcoin as this is the representation of crypto market , a very volatile , a very risky , but also a very profitable area where you can invest and keep for long term.
Don't let us just be spectators when the bullish season comes, if we don't take advantage of this situation properly. Indeed, Luna is a concern for investors, but not all top altcoins are like that. therefore investing in bitcoin seems mandatory for me and choosing several altcoins that are close to bitcoin will be more comfortable
Lol I did not mention that all altcoin are like Luna but all altcoin are very risky comparing to Bitcoin lol , as the coin is the best and better compared to all altcoins.

and also I never told you to be spectators but it depends on your views and outlook for your crypto investing .

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May 31, 2022, 09:02:19 AM
 #88

completely  wrong mate, because these days is the perfect timing to invest in Altcoins because  look at the market ? it is dumping and this would be the right timing to enter and wait for the increase in the coming days.

I have plenty of plans but I was stocked in bitcoin , ethereum and Ripple , so I may add small amount in at least Solana and Binance for more chances of profiting .
This is the key to making more money. If you invest when it's low, you are going to make a lot more profit, but if you invest when it's high, then the only way to go would be lower. Tons of people invested when the price was hyped and we were in a bull run, and yes some of them made money but at the end of the day they didn't made the most optimum amount of money they could, because they didn't invest when it was 3-4k range just a year before.

So, if you invest right now, you will be making more money than anyone that will buy after this, when we start to go down. Do not buy when it's bull, buy when it is in the bear market to make the most out of your money.

Actually we all know to be able to make big profits when investing in crypto is to buy coins at low prices. And now I think all coins have
decreased drastically, meaning that now is the right time to buy coins. But unfortunately only a few investors dare to buy coins when
in a bear market situation like now, even though the price of coins is very low. Most people are afraid that the market will still go down
even further, even though it's just a fear that won't necessarily happen. It must be admitted that the risk of investing in crypto is very large,
but as long as we invest in the right coins, everything will be fine. Because if the coins we choose are good and potential, then we don't have
to worry after we buy the price goes down, we just need to be patient holding the coins until the price recovers. Because good coins can always
recover every time they decrease. Therefore we choose coins based on our own research and analysis, to avoid investing in the wrong coins.

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May 31, 2022, 09:36:15 PM
 #89

check some projects like Point Network!
this one is the most exciting web3 launch of 2022 https://pointnetwork.io/
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June 01, 2022, 12:02:51 PM
 #90

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?
A lot of people are buying Luna1 and Luna2 right now. Those people's hearts are in the right place, meaning buy low/sell high. But, you should only invest in projects that you are willing to hold for 5+ years if things go bad. Do you really want to be stuck with worthless Luna or dogesnoopy token in your wallet when you could have been holding something that changes the world and will receive real world adoption, like XRP and ICP?
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June 02, 2022, 01:38:04 PM
 #91

Actually we all know to be able to make big profits when investing in crypto is to buy coins at low prices. And now I think all coins have decreased drastically, meaning that now is the right time to buy coins. But unfortunately only a few investors dare to buy coins when in a bear market situation like now, even though the price of coins is very low. Most people are afraid that the market will still go down even further, even though it's just a fear that won't necessarily happen.
Aside from the people who don't invest because they are afraid, there are also people who don't invest (for a while) because they are expecting for more dips. If the price goes down right after we buy, then why not buy again instead of worrying? That is why dca is being on the talk of the town lately but no matter how good we do our research, accidents can always happen like what happened on the luna investors. They thought they already picked up the right coin but they don't know that the coin turned out to be bad later on.

This thing can happen on altcoins but for the main coin bitcoin, I don't think it can still experience a serious issue since it was running for many years already.
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June 02, 2022, 02:55:30 PM
 #92

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.

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June 02, 2022, 10:26:52 PM
 #93

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.
Trying out to compare with traditional investments then we know that crypto is much more riskier but in exchange to that then the possibilities of gaining or getting huge profits is also there thats why
its up to someone if he could able to bare that risk or not and this is where it do depends if someone do decide to take risk for in exchange with that possible opportunity or chances.
Never ever make yourself thinking off on having riskless in resulting on being too confident on dealing with the market because once you do experience reality then you would surely
able to tell the differences.

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June 03, 2022, 03:18:49 AM
 #94

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 can still invest in altcoins, in fact the bearish market is the perfect timing to fill your bags. However, not all altcoins are worthy to invest in because not all altcoins can recover once the market turn bullish again.

Those shitcoins that already hit their ath are likely become dead once the market hit the bottom or if Bitcoin is declining consistently. Because Btc influence the price of alts, and coins that are not establish and no utility cant survive during this time.

Crypto is a risky investment so you need to be wise on what coins are you going to buy, always DYOR.
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June 03, 2022, 08:32:41 AM
 #95

completely  wrong mate, because these days is the perfect timing to invest in Altcoins because  look at the market ? it is dumping and this would be the right timing to enter and wait for the increase in the coming days.

I have plenty of plans but I was stocked in bitcoin , ethereum and Ripple , so I may add small amount in at least Solana and Binance for more chances of profiting .
This is the key to making more money. If you invest when it's low, you are going to make a lot more profit, but if you invest when it's high, then the only way to go would be lower. Tons of people invested when the price was hyped and we were in a bull run, and yes some of them made money but at the end of the day they didn't made the most optimum amount of money they could, because they didn't invest when it was 3-4k range just a year before.

So, if you invest right now, you will be making more money than anyone that will buy after this, when we start to go down. Do not buy when it's bull, buy when it is in the bear market to make the most out of your money.
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.

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June 03, 2022, 08:44:49 AM
 #96

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.

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June 03, 2022, 12:21:10 PM
 #97

It is risky because many want to make both quick and substantial profit at the same time. yes, BTC is solid but you cant expect to make 20X on it, at least not in the short run. I think that everyone is looking for a some hidden gems, a small cap project with sound technology and potential profit. Yes, its risky so dont invest too much.   
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June 03, 2022, 01:50:05 PM
 #98

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.
Talking about long-term investment indeed it will not be separated from the three coins,
I think at least choosing these three coins is much safer than other coins,
but after all everyone has their own views and decisions regarding coins for long term investment

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June 03, 2022, 03:29:28 PM
 #99

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?
Good question. We already saw some alts start to pop off, which indicates to me that whales know that this bear market is only temporary and that things have bottomed. Retail investors are still fearfull but smart money isn't and is buying more ICP and Ethereum.
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June 03, 2022, 05:58:52 PM
 #100

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.
All investments are at risk, even property investments. For crypto because at the moment If you remember Luna Terra's stable project she was also destroyed due to her algorithmic failure, then the Squid Game token was taken away.
As for BTC and ETH I've known them from the beginning. These two coins are the most surviving coins. Holding them is the best potential back to the best price even I think they will exceed yesterday's ATH. Whereas their BNB hasn't been long, but so far they are very strong and a lot of innovations. So owning BNB I think is quite promising.
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