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Author Topic: Altcoin investments have become risky this day.  (Read 3098 times)
ningrum
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June 29, 2022, 11:39:51 AM
 #161

Don't get caught by Hype on altcoins especially when everything is red colored by downtrend. Wait for the next recovery phase and invest in right time on the promising projects. Currently BTC dominance going up, so don't worry about altcoins, wait for the green market conditions before investing, IMO.
That's true but if you want to invest in top coins like Bitcoin, Ethereum, or BNB I don't think we need to wait for green market conditions,
because the three coins are coins that have strong fundamentals and there is no need to doubt it,
this is the right time to invest and after that keep holding on until the market recovers
we should wait better price before start buying altcoin no matter that bitcoin ethereum or bnb. for long term actually current price cheap enough , but i still see bitcoin and altcoin still have possibility to down one more time. more littlye patience and we will get best price for those coins. we are still face alot negative fud in market that spread by whales now , they want buy or bitcoin cheaply.
It seems that the possibility will still go down but of course we need to determine the maximum target price to be purchased,
currently the price of Bitcoin is at $ 20k and it has been a few days the price has been there,
the most important thing is to continue to follow developments and always take advantage of the opportunities that exist to make a profit

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June 30, 2022, 04:47:53 AM
 #162

It seems that the possibility will still go down but of course we need to determine the maximum target price to be purchased,
currently the price of Bitcoin is at $ 20k and it has been a few days the price has been there,
the most important thing is to continue to follow developments and always take advantage of the opportunities that exist to make a profit
In any case, investors who have long-term investments will not be worried about the current situation in the cryptocurrency market. cryptocurrencies will in any case return to the level of the end of 2021 and will continue to rise. And today's period is one of the best chances for those who want to invest their capital in cryptocurrencies. At the same time, it is necessary to choose quite promising projects that will be in demand in society, and not just assets that are leaders in the cryptocurrency market. First of all, I pay attention to projects that connect the cryptocurrency market with the banking sector, such as Africunia, and therefore I would suggest looking at the cryptocurrency market more optimistically and with specific goals.
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June 30, 2022, 06:11:14 AM
 #163

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?


there is nothing without risk in crypto investing, you are right the luna incident made many crypto investors think twice after a severe crash but it is not a measure of the overall decline of the market.  and that doesn't mean that current investments can't be trusted anymore. I think there are some altcoins that are worth investing in even though the market situation is difficult to predict, I even included some altcoins in my buying list later.

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June 30, 2022, 08:47:59 AM
 #164


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


Probably not. In my opinion, wishing for a price crash does not do one any good, and most likely only serves to aggravate one's beliefs. accept losses in order to gain more profits, that's the rule of investment but the question is how much risk can you tolerate?

It would be far better to sit tight and watch, or even buy if things get bad enough. The worst-case scenario is to only lose money if you make the wrong choice of investing in altcoins, even though bitcoin is currently not stable and running well.

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June 30, 2022, 01:18:31 PM
 #165

In any case, investors who have long-term investments will not be worried about the current situation in the cryptocurrency market. cryptocurrencies will in any case return to the level of the end of 2021 and will continue to rise. And today's period is one of the best chances for those who want to invest their capital in cryptocurrencies. At the same time, it is necessary to choose quite promising projects that will be in demand in society, and not just assets that are leaders in the cryptocurrency market. First of all, I pay attention to projects that connect the cryptocurrency market with the banking sector, such as Africunia, and therefore I would suggest looking at the cryptocurrency market more optimistically and with specific goals.
You are partly right and the crypto market is in stagnation and many crypto projects do not find the proper investments, as they all work on the old system, predstagaya the same without functionality and any bank support and such bank projects as Africunia now become very popular and only gaining momentum, large investors will invest in such projects and not in standard ones.
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June 30, 2022, 09:07:03 PM
 #166

Let's make a point clear here altcoin market is full of so many scams, and this has continued to exist as long as the market remains. Take luna for example after the market crash the coin has found it difficult to sustain a balanced market, this has caused losses to so many investors so I will not take altcoin investment seriously during this bear period.

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June 30, 2022, 09:31:37 PM
 #167

Let's make a point clear here altcoin market is full of so many scams, and this has continued to exist as long as the market remains. Take luna for example after the market crash the coin has found it difficult to sustain a balanced market, this has caused losses to so many investors so I will not take altcoin investment seriously during this bear period.

Luna incident is a perfect example for crypto investors who invest in altcoin must be prepared for any situation. Even many investors have lost their money due to not selling their luna coin even after being in profit.

Every day new projects are coming in the crypto market, a large part of which come to scam investors. So in the current bear market situation, investors should wait patiently to buy the right coins which will be effective in the next bull market.

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June 30, 2022, 11:59:51 PM
 #168

You are partly right and the crypto market is in stagnation and many crypto projects do not find the proper investments, as they all work on the old system -snip-
So what is your suggestion?
Nothing wrong with crypto market, it never becomes stagnations, it always changes.
Crypto project can't find proper investments? Do mean proper investors?  Huh
Considering the current situation, it is normal that not many investors brave to invest in altcoins. Crypto market is in the bearish season. Most of us feel afraid to invest in any crypto coin, especially in altcoins.

Anyway, what do you mean by the old system?
I don't think crypto system is an old one, it is still a new thing.

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July 01, 2022, 03:38:00 AM
 #169

Let's make a point clear here altcoin market is full of so many scams, and this has continued to exist as long as the market remains. Take luna for example after the market crash the coin has found it difficult to sustain a balanced market, this has caused losses to so many investors so I will not take altcoin investment seriously during this bear period.
It wouldn't look fair if you just took an example to judge all altcoins to be bad because this only exists with Luna even though others can also be like Luna, but as long as other altcoins can survive and continue to provide excellent service, then that not worthy to be equated with Luna or judged like Luna at this time.

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July 03, 2022, 04:50:49 PM
Last edit: July 03, 2022, 05:53:41 PM by sensimilia
 #170

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.


Alt coins price will go up only if bitcoin price goes up with the change of time. However, investing in alt coins is as risky as it is profitable. The outcome of your investment depends on proper analysis. If the analysis is correct, you will benefit, otherwise you are more likely to lose.

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July 03, 2022, 10:30:25 PM
 #171

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.


Alt coins price will go up only if bitcoin price goes up with the change of time. However, investing in alt coins is as risky as it is profitable. The outcome of your investment depends on proper analysis. If the analysis is correct, you will benefit, otherwise you are more likely to lose.
Improving skills in analyzing is indeed important because it can affect your investment or trading results,
but again all of that takes time and a process and you can't just suddenly become an expert in analyzing,
Investing in top altcoins is a good choice and it will be profitable

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July 03, 2022, 11:11:35 PM
 #172

An altcoin investment had been risky ever since not just recently.  The altcoin has been plagued by shitcoins, scam coins, and worthless meme coins, beside there have been a lot of gimmicks surrounding this industry whose main purpose is to money-grab unwary investors.

Improving skills in analyzing is indeed important because it can affect your investment or trading results,
but again all of that takes time and a process and you can't just suddenly become an expert in analyzing,
Investing in top altcoins is a good choice and it will be profitable

I agree we should know the tricks on how to detect worthless and potential projects.  This way we cant get a profit from this risky altcoin industry.

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bounceback
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July 04, 2022, 11:16:31 AM
 #173

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 decline is a normal thing experienced by the market because basically the cryptocurrency market is very volatile, but as long as we invest with the right coins like Bitcoin and some promising altcoins then the current decline will not make us worry if this is the end from cryptocurrencies because we still firmly believe that the market can bounce back when the bear market has gone and will certainly provide a return for people who have bought Bitcoin in this time of decline.

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monineklutak
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July 04, 2022, 01:08:49 PM
 #174

there is nothing to worry about today, and today I can say that the bulls for bitcoin are in sight,
so we can buy altcoins with good fundamentals now, especially at this time the altcoin market is still really at the bottom,
I myself have also hold and ready to sell it when the altcoin market is bullish again.

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cvasy
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July 04, 2022, 02:41:58 PM
 #175

there is nothing to worry about today, and today I can say that the bulls for bitcoin are in sight,
so we can buy altcoins with good fundamentals now, especially at this time the altcoin market is still really at the bottom,
I myself have also hold and ready to sell it when the altcoin market is bullish again.
It's really not about worrying or not, but some people are just tired of waiting for another bull market because it's always very hard to tell when, and this month isn't necessarily a good pump for Bitcoin as well as for the altcoins.

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blue_hurricanger
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July 04, 2022, 03:42:24 PM
 #176

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 decline is a normal thing experienced by the market because basically the cryptocurrency market is very volatile, but as long as we invest with the right coins like Bitcoin and some promising altcoins then the current decline will not make us worry if this is the end from cryptocurrencies because we still firmly believe that the market can bounce back when the bear market has gone and will certainly provide a return for people who have bought Bitcoin in this time of decline.
The volatility was the main reason why so many investors join in the cryptocurrency too. Time like this, when cryptocurrency is in bear season is the best time for accumulation. Once the bear season has gone, coup with volatility and bull season, I'm sure most investments today would be 2x at least. Of course, there is a risk of alts will never recover back too but everyone knows the 'high risk, high reward' moto after all.
seleme
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July 04, 2022, 09:45:15 PM
 #177

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 decline is a normal thing experienced by the market because basically the cryptocurrency market is very volatile, but as long as we invest with the right coins like Bitcoin and some promising altcoins then the current decline will not make us worry if this is the end from cryptocurrencies because we still firmly believe that the market can bounce back when the bear market has gone and will certainly provide a return for people who have bought Bitcoin in this time of decline.
The volatility was the main reason why so many investors join in the cryptocurrency too. Time like this, when cryptocurrency is in bear season is the best time for accumulation. Once the bear season has gone, coup with volatility and bull season, I'm sure most investments today would be 2x at least. Of course, there is a risk of alts will never recover back too but everyone knows the 'high risk, high reward' moto after all.
That is why experienced investors recommend not investing all your money in crypto markets, don't put all eggs in a single basket. Buying in small parts while the market goes down is the best solution to recover in the bull market without waiting forever by going all-in on the current market price. Even 100x is possible for small marketcap altcoins but investing over your limits can hurt a person in the long term and your selections can be wrong btw.

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carlfebz2
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July 04, 2022, 10:25:15 PM
 #178

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 decline is a normal thing experienced by the market because basically the cryptocurrency market is very volatile, but as long as we invest with the right coins like Bitcoin and some promising altcoins then the current decline will not make us worry if this is the end from cryptocurrencies because we still firmly believe that the market can bounce back when the bear market has gone and will certainly provide a return for people who have bought Bitcoin in this time of decline.
The volatility was the main reason why so many investors join in the cryptocurrency too. Time like this, when cryptocurrency is in bear season is the best time for accumulation. Once the bear season has gone, coup with volatility and bull season, I'm sure most investments today would be 2x at least. Of course, there is a risk of alts will never recover back too but everyone knows the 'high risk, high reward' moto after all.
That is why experienced investors recommend not investing all your money in crypto markets, don't put all eggs in a single basket. Buying in small parts while the market goes down is the best solution to recover in the bull market without waiting forever by going all-in on the current market price. Even 100x is possible for small marketcap altcoins but investing over your limits can hurt a person in the long term and your selections can be wrong btw.
Dont ever go all in and its true that diversification would be the best thing to be done on where you arent limiting yourself on dealing with crypto but also in other choices as well specially on traditional market on which you could choose on to make out investment whether on forex and stocks or even real estate or something in correlated.

If you do already have these investments then touching crypto is something a new experience speaking with volatility and asking out about altcoin then its none exemption considering their price movements
which is something that is really risky and you should be careful on dealing with because volatility will really be you main primary concern whether you do end up to get big profits or big losses.
RussianEnglishTranslation
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July 05, 2022, 02:11:28 PM
 #179

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 decline is a normal thing experienced by the market because basically the cryptocurrency market is very volatile, but as long as we invest with the right coins like Bitcoin and some promising altcoins then the current decline will not make us worry if this is the end from cryptocurrencies because we still firmly believe that the market can bounce back when the bear market has gone and will certainly provide a return for people who have bought Bitcoin in this time of decline.
The volatility was the main reason why so many investors join in the cryptocurrency too. Time like this, when cryptocurrency is in bear season is the best time for accumulation. Once the bear season has gone, coup with volatility and bull season, I'm sure most investments today would be 2x at least. Of course, there is a risk of alts will never recover back too but everyone knows the 'high risk, high reward' moto after all.
That is why experienced investors recommend not investing all your money in crypto markets, don't put all eggs in a single basket. Buying in small parts while the market goes down is the best solution to recover in the bull market without waiting forever by going all-in on the current market price. Even 100x is possible for small marketcap altcoins but investing over your limits can hurt a person in the long term and your selections can be wrong btw.
Dont ever go all in and its true that diversification would be the best thing to be done on where you arent limiting yourself on dealing with crypto but also in other choices as well specially on traditional market on which you could choose on to make out investment whether on forex and stocks or even real estate or something in correlated.

If you do already have these investments then touching crypto is something a new experience speaking with volatility and asking out about altcoin then its none exemption considering their price movements
which is something that is really risky and you should be careful on dealing with because volatility will really be you main primary concern whether you do end up to get big profits or big losses.
There are a lot of different crypto investing strategies. It all depends on your risk tolerance. Traditionally projects that are microcaps have produced the highest returns, so it pays to be early on projects like DRC, and CNDL.
Isay
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July 05, 2022, 02:18:03 PM
 #180

You are partly right and the crypto market is in stagnation and many crypto projects do not find the proper investments, as they all work on the old system -snip-
So what is your suggestion?
Nothing wrong with crypto market, it never becomes stagnations, it always changes.
Crypto project can't find proper investments? Do mean proper investors?  Huh
Considering the current situation, it is normal that not many investors brave to invest in altcoins. Crypto market is in the bearish season. Most of us feel afraid to invest in any crypto coin, especially in altcoins.

Anyway, what do you mean by the old system?
I don't think crypto system is an old one, it is still a new thing.


You do not quite understand me by the ( old system ) yes I agree with you, the system is not old but what I meant about what I said there are a lot of new things and it is worth paying attention to, just remember how we were talking about ( USDT ) we said it was a scam and then everyone began to use it
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