Altcoin investments have become risky this day.

[power.threads]

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?

New projects are 100% with paying attention to, vrjam looks solid to me, long term investment
And VR is a great topic  to talk about

[ningrum]

today I can say that altcoins have very little risk, because if you enter the current altcoin with a large capital,
I am sure you will enjoy 2x or even 10x profit, because altcoins are really at the bottom, if you know the technical analysis you will understand.

[Slow death]

yeah it's risky but! with projects like VRJAM it's not, check them out and you'll see what I'm talking about

the truth is that investing in altcoins is a big risk, especially if we are talking about these new projects, these new projects still have to convince investors, they still need to work hard to compete with the projects already established in the market, this is not a easy task, that's why I consider investing in new projects something high risk

today I can say that altcoins have very little risk, because if you enter the current altcoin with a large capital,
I am sure you will enjoy 2x or even 10x profit, because altcoins are really at the bottom, if you know the technical analysis you will understand.

 

Let's go to the concrete example, currently we have:

1 BTC = 21000$, ATH was over 66000$ (and 100% sure that in a few years the bitcoin price will reach this ATH once again), so someone buy bitcoin now I already guarantee 3X profit

1 LTC = 54$, ATH was over 370$ (and almost 100% sure that litcoin will not be able to even exceed 350$) so nothing guarantees that litecoin can reach 150$ again and make a profit than 3X people.

Do you know why this happens? while bitcoin has no competitor and already has an established market, altcoins have many competitors and have no established market, this makes new investors discard old projects and stay in new projects, and then when something new appears they discard old things again

[nira09]

today I can say that altcoins have very little risk, because if you enter the current altcoin with a large capital,
I am sure you will enjoy 2x or even 10x profit, because altcoins are really at the bottom, if you know the technical analysis you will understand.

So far I think most of the Altcoins have a higher risk than Bitcoin, Maybe there are some Altcoins whose price is down but not as deep as Bitcoin's price decline like BNB, But it's very little.
BTC $68,000 >> $21,500
BNB $680 >> $290
But most of the Altcoins have dropped in price more deeply than Bitcoin's decline.
Harmony $0.37 >> $0.022
Dogecoin $0.73 >> $0.069
Solana $260 >> $36
In addition, Altcoins also have a risk of fraud, and various other problems that can occur such as the LUNA incident.

[retreat]

discussing the risks of investing in altcoins today, it seems that in real life we have encountered many big risks. we can't avoid risk when investing in altcoins, all we can do is minimize that risk to a minimum so that it doesn't happen to us.

[seleme]

today I can say that altcoins have very little risk, because if you enter the current altcoin with a large capital,
I am sure you will enjoy 2x or even 10x profit, because altcoins are really at the bottom, if you know the technical analysis you will understand.

So far I think most of the Altcoins have a higher risk than Bitcoin, Maybe there are some Altcoins whose price is down but not as deep as Bitcoin's price decline like BNB, But it's very little.
BTC $68,000 >> $21,500
BNB $680 >> $290
But most of the Altcoins have dropped in price more deeply than Bitcoin's decline.
Harmony $0.37 >> $0.022
Dogecoin $0.73 >> $0.069
Solana $260 >> $36
In addition, Altcoins also have a risk of fraud, and various other problems that can occur such as the LUNA incident.

Higher reward=higher risk
The formula is simple as that, you have to invest in gem altcoins for minimizing possible risks as mentioned on the thread, and maximize the potential ROI.
The downtrend is more catastrophic for altcoins because of whales selling alts to reinvest in top cryptocurencies.
Anyways, the only way to be profitable in bear market season is to have open short orders on both altcoins and top coins on the CMC list.

[Bollexz1]

Being in a downtrend would never discourage me from investing as it happens to be the best time to invest. Everything has its season, there's always bad and good in all investments, this is why it's advisable to "Always invest with what one can afford to lose". And if talking of altcoin, it's better to go for the top altcoins to avoid story that touches.

[SlimShadyMmp]

Alts usually takes more hits when BTC goes down so unless you plan to hold long term I will suggest sellling on the way up and then maybe buying during dumps But alts can give you the most gains coz of low liquidity and lower mktcap Some alts during a pump do 100% so its a win

[mandal0rec]

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?

POINT Point Network will rock this season

[Duzter]

Altcoin investment is risky for users who go on for random pick. Even with such kind of investment people get lucky, but it is a limited time. Very few will be able to benefit as the success comes out of low cap and low trading volume coins. Everyone started to think of making huge profits within a day. When going for cryptocurrency investment, the focus needs to be long term and should invest on assets that are in the lead.

Even on such occasions some cryptocurrency fails, and this is completely exceptional. Whether it is cryptocurrency or some other form of investment, surely risk is there. It is upto us, how we move forward with profit.

[Ayers]

today I can say that altcoins have very little risk, because if you enter the current altcoin with a large capital,
I am sure you will enjoy 2x or even 10x profit, because altcoins are really at the bottom, if you know the technical analysis you will understand.

So far I think most of the Altcoins have a higher risk than Bitcoin, Maybe there are some Altcoins whose price is down but not as deep as Bitcoin's price decline like BNB, But it's very little.
BTC $68,000 >> $21,500
BNB $680 >> $290
But most of the Altcoins have dropped in price more deeply than Bitcoin's decline.
Harmony $0.37 >> $0.022
Dogecoin $0.73 >> $0.069
Solana $260 >> $36
In addition, Altcoins also have a risk of fraud, and various other problems that can occur such as the LUNA incident.

Higher reward=higher risk
The formula is simple as that, you have to invest in gem altcoins for minimizing possible risks as mentioned on the thread, and maximize the potential ROI.
The downtrend is more catastrophic for altcoins because of whales selling alts to reinvest in top cryptocurencies.
Anyways, the only way to be profitable in bear market season is to have open short orders on both altcoins and top coins on the CMC list.

short selling is not always profitable for you, you need to be knowledgeable and know how to analyze the market etc, not everyone is suitable for everyone, not everyone can trade and make a profit
bear market is a time when we should learn to keep money rather than make profit, i am not a good trader so I choose to hold rather than trade short

[Novita]

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.

I agree with you,
My personal experience is that, I have bought several coins which I believe will make a big profit, because these coins are in the Altcoin market, when I bought at that time the coin price was still below the average and kept it, at the beginning of every day the price started to rise slowly, but I'm still sure the price will definitely be better in the future, but when the market is bearish, I don't sell the coins, in the end some of my coins are lost in the Altcoin market, indeed in investing cryto currency we must be prepared to accept the risk, if no profit or loss.

[mandal0rec]

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?

Mate first things first
Start with exploring the project and figuring out what to expect from the team
That's a great point! Point Network for example has a huge potential, I'm waiting for their MainNet launch, it's in 2 days

[AjithBtc]

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?

Mate first things first
Start with exploring the project and figuring out what to expect from the team
That's a great point! Point Network for example has a huge potential, I'm waiting for their MainNet launch, it's in 2 days

I've come across this user. He have been promoting point network throughout the altcoin section wherever it is asked about the better altcoin investment.

Whether it is point network or any other altcoin investment, there is risk. Just on someone's word never go for an investment. This is not at all adviced with cryptocurrency investment. When you make an entry to a new project, make sure you know well about the project and it's scheduled plan. It is always good to have a portfolio with altcoins in the top list and further have a separate portfolio for low level and new projects.

[Ararbermas]

Tbh it still the same since from the start except of thosw scam projects, where in because of its volatility that so unpredictable compared to some top alts..  That's why on this days its always too good to be true when it comes choosing a projects to invest or to trade. I mean we must choose which will last and very promising to assure our money is in a safe hand even the market is struggling. because if we just keep investing without any specific information surely our money will disappear without knowing..

[Inspiron14]

today I can say that altcoins have very little risk, because if you enter the current altcoin with a large capital,
I am sure you will enjoy 2x or even 10x profit, because altcoins are really at the bottom, if you know the technical analysis you will understand.

So far I think most of the Altcoins have a higher risk than Bitcoin, Maybe there are some Altcoins whose price is down but not as deep as Bitcoin's price decline like BNB, But it's very little.
BTC $68,000 >> $21,500
BNB $680 >> $290
But most of the Altcoins have dropped in price more deeply than Bitcoin's decline.
Harmony $0.37 >> $0.022
Dogecoin $0.73 >> $0.069
Solana $260 >> $36
In addition, Altcoins also have a risk of fraud, and various other problems that can occur such as the LUNA incident.

Higher reward=higher risk
The formula is simple as that, you have to invest in gem altcoins for minimizing possible risks as mentioned on the thread, and maximize the potential ROI.
The downtrend is more catastrophic for altcoins because of whales selling alts to reinvest in top cryptocurencies.
Anyways, the only way to be profitable in bear market season is to have open short orders on both altcoins and top coins on the CMC list.

short selling is not always profitable for you, you need to be knowledgeable and know how to analyze the market etc, not everyone is suitable for everyone, not everyone can trade and make a profit
bear market is a time when we should learn to keep money rather than make profit, i am not a good trader so I choose to hold rather than trade short

However it must be adjusted to our abilities and indeed most of the time during a bear market it is not a good time to sell,
having skills in analyzing is very important because it will be very useful,
short-term trading is not easy especially with the current conditions

[Novita]

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?

Indeed if we look at the charts of the crypto market, many coins have experienced a decline from time to time, such as Bitcoin, Ethereum and several other Altcoins, but I personally believe that they are able to overcome the problems that occur in the crypto market and will recover slowly,
So we all know that every business has its own risks. let alone invest in crypto, especially Altcoins whose value is pegged on demand, if the demand is greater then the value is higher and vice versa. My advice, you invest some of your funds in coins that you think are stable and you can still control your finances.

[lixer]

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?

Indeed if we look at the charts of the crypto market, many coins have experienced a decline from time to time, such as Bitcoin, Ethereum and several other Altcoins, but I personally believe that they are able to overcome the problems that occur in the crypto market and will recover slowly,
So we all know that every business has its own risks. let alone invest in crypto, especially Altcoins whose value is pegged on demand, if the demand is greater then the value is higher and vice versa. My advice, you invest some of your funds in coins that you think are stable and you can still control your finances.

That is caused by a bear run and not by the luna crash but fortunately, the market is getting better now as coins have recovered by a certain percentage. Each crypto can have their own personal problems and they can only overcome it if their developers are willing to, but for a general problem like bear's then a good crypto can always survive it. This bear seems a long one, that is why the recovery of the coins is also slower than usual.

There are even times where they are already doing well (recovering a good percent in their value) but they fall again later on. They are not stable yet. This is why investing in stable coins like you said is also helpful to avoid situations like this.

[Jody.Drummer]

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?

Indeed if we look at the charts of the crypto market, many coins have experienced a decline from time to time, such as Bitcoin, Ethereum and several other Altcoins, but I personally believe that they are able to overcome the problems that occur in the crypto market and will recover slowly,
So we all know that every business has its own risks. let alone invest in crypto, especially Altcoins whose value is pegged on demand, if the demand is greater then the value is higher and vice versa. My advice, you invest some of your funds in coins that you think are stable and you can still control your finances.

That is caused by a bear run and not by the luna crash but fortunately, the market is getting better now as coins have recovered by a certain percentage. Each crypto can have their own personal problems and they can only overcome it if their developers are willing to, but for a general problem like bear's then a good crypto can always survive it. This bear seems a long one, that is why the recovery of the coins is also slower than usual.

There are even times where they are already doing well (recovering a good percent in their value) but they fall again later on. They are not stable yet. This is why investing in stable coins like you said is also helpful to avoid situations like this.

Yes, that's right, maybe the bear market this time will be longer than predicted. It is also possible for some people to not be able to survive in a situation like this and decide to take a stablecoin to minimize the risk. But this is an opportunity for people who have a lot of money. Yes they must have taken advantage of this kind of situation to enter more.

[rhodelmabanal]

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?

Bear season is a good time to invest, specially in some good altcoins that has also a good rank in some price tracking app like CMC, because the altcoins is very cheap during bear season so we can buy different coins in a low price during bear season, all we need to do after buying is to hold until bull season come and earn.