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Author Topic: Altcoin investments have become risky this day.  (Read 3098 times)
Inspiron14
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September 02, 2022, 10:04:36 AM
 #221

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.
Yes, during bear season, you should really take advantage of that time to buy some potential coins,
and don't forget to keep doing your own research and that's important,
we all don't know when bull season will come so need to be patient to wait for it

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September 05, 2022, 03:03:09 PM
 #222

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't time the market. Only insiders, whales, and miners know what the price of BTC will trade at. The best we can do as retail investors is to HODL and my favorite way to hodl is with staking coins like ICP and CNDL. Each of these can give you a 20% APY staking reward.
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September 05, 2022, 03:09:11 PM
 #223

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't time the market. Only insiders, whales, and miners know what the price of BTC will trade at. The best we can do as retail investors is to HODL and my favorite way to hodl is with staking coins like ICP and CNDL. Each of these can give you a 20% APY staking reward.
There are many projects that give an annual rate of 20% with this type of Pos system. The important thing here is where you entered from, some holders entered from the top, now they are still trying to lower the average. In my opinion, there are better staking projects and they are at layer2 potential, of course, everyone's own preference. I try not to prefer too many altcoins when the market is in such a downtrend. The best is to fluctuate in bitcoin and stablecoins.

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September 05, 2022, 03:33:06 PM
 #224

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't time the market. Only insiders, whales, and miners know what the price of BTC will trade at. The best we can do as retail investors is to HODL and my favorite way to hodl is with staking coins like ICP and CNDL. Each of these can give you a 20% APY staking reward.
There are many projects that give an annual rate of 20% with this type of Pos system. The important thing here is where you entered from, some holders entered from the top, now they are still trying to lower the average. In my opinion, there are better staking projects and they are at layer2 potential, of course, everyone's own preference. I try not to prefer too many altcoins when the market is in such a downtrend. The best is to fluctuate in bitcoin and stablecoins.

This bear market is a purge market for altcoins, where weak altcoins will be eliminated, and only the real potential altcoins will remain. Investing in altcoins during bear markets is risky and even riskier as we look for projects that are paying high APY to attract investors.

I also prefer bitcoin at the moment to altcoins, especially altcoins that offer too high APY. If invest in altcoin I also only choose eth, bnb and more maybe ada, other than that all are not reliable for me.

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September 06, 2022, 02:22:32 PM
 #225

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.

I agree with you that During a bull run, you can buy altcoins, but during a bear market, it is better to sell because they are the most volatile and some altcoins will remain dead. But all of that must first do research on market predictions, because if we panic in terms of investing then we will lose more than profit, I don't think the market has to be Bearish anymore, we immediately sell the coin, who knows it's just a drama being played, even though if we save it might happen 10x the profit we get. And every investment in any market also has its own risks, especially investing in crypto, I suggest that you choose to invest in stable coins, such as Bitcoin or some other Altcoins which in my opinion even if there is a decline from time to time but the coin has the ability to recover after the decline i.e. Ethereum or BNB.

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September 07, 2022, 09:06:47 PM
 #226

it's a risky job and you know it, it was, it is, it will be
i discovered the project called point network and i was looking for a long term web3 project
these guys are doing incredible job and i have high hopes for them
don't forget to check the team, the roadmap and future perspectives of this project
it's always up to you, you make a choice
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September 08, 2022, 08:59:29 PM
 #227

it's a risky job and you know it, it was, it is, it will be
i discovered the project called point network and i was looking for a long term web3 project
these guys are doing incredible job and i have high hopes for them
don't forget to check the team, the roadmap, and future perspectives of this project
it's always up to you, you make a choice
Because of past experiences I have become skeptical to invest in any altcoin now, even though altcoin will boom when Bitcoin also rises in the coming month then also we should not forget the risk factor associated with altcoin investment. So many new projects are on the rise right now and if the trend continues we may likely experience a similar experience to 2017 when we saw quite a good number of altcoins doing incredibly well but failed to recover after the 2018 bear market.

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September 08, 2022, 11:59:26 PM
Last edit: September 09, 2022, 12:11:59 AM by kawetsriyanto
 #228

I agree with you that During a bull run, you can buy altcoins, but during a bear market, it is better to sell because they are the most volatile and some altcoins will remain dead.
Awesome suggestion!!  Cheesy
So, it is recommended to buy some altcoins in the bullish period, then selling them during the bearish season.
Is that what you mean exactly?  Undecided

Common investors should agree that bearish is a time to hold or buy. While bullrun is the time for selling or accumulating profits.

CMIIW



If it's a typo or error in writing, please correct it.
Check again before you posted it.




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September 12, 2022, 03:45:10 PM
 #229

it's a risky job and you know it, it was, it is, it will be
i discovered the project called point network and i was looking for a long term web3 project
these guys are doing incredible job and i have high hopes for them
don't forget to check the team, the roadmap, and future perspectives of this project
it's always up to you, you make a choice
Because of past experiences I have become skeptical to invest in any altcoin now, even though altcoin will boom when Bitcoin also rises in the coming month then also we should not forget the risk factor associated with altcoin investment. So many new projects are on the rise right now and if the trend continues we may likely experience a similar experience to 2017 when we saw quite a good number of altcoins doing incredibly well but failed to recover after the 2018 bear market.
Yes, that's how we respond to past failures, it becomes natural when we become skeptical of altcoins. But I don't think we should dwell on that fear, because that would be a negative thing in my opinion. Because surely if we have feelings like that will surely spread to others. We just need to increase our caution and learn from past mistakes.
That's true and with past mistakes I don't think we need to regret it over and over,
make these mistakes as lessons for the future not to repeat the same mistakes,
rather than drowning in fear it's better to get up soon

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September 13, 2022, 02:45:50 PM
 #230

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, for a while it is difficult for us to predict the crypto market, especially since the market is trending downwards, because what I see is that coins that we don't think are good, turn out to be coins that are targeted by investors to own them, eventually the coins go up drastically, meaning greater demand. rather than a predetermined value, this is where we need to be careful in investing in Altcoins, bro, because many traders only speculate what they think and this is the reason why the price is unpredictable at this time.

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September 13, 2022, 09:08:29 PM
 #231

Yes, that's how we respond to past failures, it becomes natural when we become skeptical of altcoins. But I don't think we should dwell on that fear, because that would be a negative thing in my opinion.
Don't dwell on that negative thing in the past but just learn from it. That's how life goes if you're into the market and mostly you're engaging with altcoins which are riskier than bitcoin.

Because surely if we have feelings like that will surely spread to others. We just need to increase our caution and learn from past mistakes.
Well, if you have that intention of spreading it to the others then you're just wanting to share that negative vibes to them and not to learn and share what you've learned.

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September 14, 2022, 05:36:05 PM
 #232

I agree with you that During a bull run, you can buy altcoins, but during a bear market, it is better to sell because they are the most volatile and some altcoins will remain dead.
Awesome suggestion!!  Cheesy
So, it is recommended to buy some altcoins in the bullish period, then selling them during the bearish season.
Is that what you mean exactly?  Undecided

Common investors should agree that bearish is a time to hold or buy. While bullrun is the time for selling or accumulating profits.

CMIIW



If it's a typo or error in writing, please correct it.
Check again before you posted it.


LOL To be honest, I'm really surprised that someone suggested something like this...

Buying when it's bullish and selling when it's bearish is a common thing for newbies who are still afraid and don't believe in the future of the market. for those who do that, they will definitely end up with bad luck for selling at a loss.

buy when the market is bearish and sell when the market is bullish is the right thing to do Grin



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September 14, 2022, 07:58:39 PM
 #233

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?
when the market is down it's the best time to buy!
i can tell you that i picked point network and they recently their POINT listed on MEXC Global
mainnet is live
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September 19, 2022, 05:38:32 PM
 #234

So we all know that every business has its own risks. let alone invest in crypto,
Actually investing in Cryptocurrencies is not too much and the level of risk is also very dependent on the choice of each of our Altcoins.
So the Altcoins that we hold and invest are risky, but we need to remember that each Altcoin has a different level of risk, and this is what determines whether it is risky or not, it really depends on the Altcoin of our choice.

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September 19, 2022, 05:42:49 PM
 #235


Today is the Red Again Market, and it seems that the negative trend continues, we are very waiting for the market to rise again, but before that happens then the best thing is to continue to buy, I'm sure the end of the market will rise again at least 2x from now.
And by taking advantage of this red chart market or called the Bearish market, it is very appropriate for us to use it to buy and continue to buy and hold until the right time to resell.

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September 19, 2022, 11:31:36 PM
 #236


Today is the Red Again Market, and it seems that the negative trend continues, we are very waiting for the market to rise again, but before that happens then the best thing is to continue to buy, I'm sure the end of the market will rise again at least 2x from now.
And by taking advantage of this red chart market or called the Bearish market, it is very appropriate for us to use it to buy and continue to buy and hold until the right time to resell.

I agree, but I want to add that people who buy now will also have to be aware that the price can drop to 17000$ or even drop a lot to the point of reaching 13000$, so whoever buys now at 19000$ should be aware of this and don't complain on the internet because you bought at 19000$ and the price dropped a lot because it has been the habit of many people to buy cryptocurrencies because a friend or neighbor told them to buy it because they will have high profits and when they don't have high profits they stay on the internet to complain. I've had bad experience with this part so I always warn that the price can drop a lot

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?
when the market is down it's the best time to buy!
i can tell you that i picked point network and they recently their POINT listed on MEXC Global
mainnet is live

man I stopped investing in new projects because there are always false promises and with this bear market the price does not go up much, you are taking a high risk, I hope you are willing not to complain when you lose all your money, if you make a profit then it will be good, but the chances are slim, unless you were the first investor

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September 21, 2022, 01:31:35 PM
 #237

My God, DREEM community is growing just at an incredible rate. Like, I entered one of the worlds recently, and there were only a couple of people there. Now it's packed to the gills. And it hasn't been so long since the beta started.
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September 22, 2022, 04:29:36 PM
 #238

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?
we can still believe in altcoins, yes even though the market is very volatile because Bitcoin of course altcoins still have a great chance to rise to 100x even 1000x,
it's just that we have to be smart in choosing or buying coins, don't buy memecoins and don't buy altcoins whose projects are dead , because of course it can make you lose

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September 23, 2022, 11:42:31 AM
 #239

In the business world, of course, no stranger to the risk of loss or profit. Likewise in crypto so I think investing in crypto will be more risky, that's why many say investing in crypto should use idle money, and don't put all our assets in crypto because the risk is very high. and try to invest in quality crypto and don't let us choose crypto whose quality is not good, because the risk is that our money will be drained,,

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September 25, 2022, 06:14:16 PM
 #240

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?

It is too risky to invest in these days because market is too down and also the price of altcoins is too low due to price of bitcoin ( Bitcoin also altcoin ). In this market situation, if you invest your money you can get profit from 100x to 200x. But on the other side, it is too risky to loss your investment  Wink

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