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Author Topic: Your recent altcoin investment and why?  (Read 1268 times)
kelonmusk
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May 26, 2022, 05:42:56 PM
 #21

I don't bet much on altcoins but i still have stash of altcoins MATIC and BNB. I think these are the only 2 Altcoins I still hold. despite what I have often heard about the LUNA coin, I wouldn't bet much on this coin nor would there be any harm in adding a small portion my money "$10" just for the LUNA altcoin,I didn't expect much from it, in fact I deliberately let it rot until it was completely worthless LOL

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May 26, 2022, 05:56:51 PM
 #22

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
I haven't bought any currency recently. But I already have a few altcoins that might give me an advantage. I still haven't made as much money as the others but I'm still trying because, who knows, the coins I buy might match. I've bought some Matic, BNB, ETH, DOT, and I think it could increase if the price of bitcoin can hold its position for a while or experience a slight decline. But I am not very interested in investing in new coins because they are too risky.

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manok jepang
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May 26, 2022, 06:00:48 PM
 #23

I think this is a good opportunity to start investing with other coins that you don't hold because the price of the coin is currently decreasing, of course the coins you want to add must have good potential and prospects, so that you can profit when the crypto market improves later.

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May 26, 2022, 06:17:16 PM
 #24

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
For now, I'm trying to open a trade on TRX, the reason being I saw some announcements on Twitter that Justin Sun relaunched the USDD stable coin. By guessing I only assumed to pay attention to Tron from now on but only took short-term profits according to certain moments.

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May 26, 2022, 06:24:45 PM
 #25

Buying altcoins these days is a good idea? I don't think so but I did earlier with small amount only because I am not satisfied with the situation of the market.
So for me, I just bought Ethereum. Why Ethereum? Because it is the highest market cap altcoin now and I believe that even if the market will still bleed in the coming days/weeks/months, I am hoping the dump is small percentage only compare to other altcoins.
We don't know where the crypto  market will go: up or down. Therefore, if the prices of crypto currencies rise, then, theoretically, altcoins can bring good profits. As a rule, altcoins are more frisky in terms of growth compared to bitcoin, which has already gained its weight and is somewhat clumsy in terms of growth dynamics (it is not able to show even x10).

I also think Ethereum is a good choice, but I decided to take a chance and buy some BNB, because the upside seems to me higher. If we compare Ethereum and BNB, then BNB is cheaper, which means it can show more profit. The choice in favor of BNB is due to the fact that this is not a empty-coin that no one needs and is not used by anyone, but is in demand because of the fame of binance and has some use in the same exchange.

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May 26, 2022, 06:30:22 PM
 #26

I think now is the right time to buy and add some new tokens to invest because the crypto market is still in a bearish zone of course the coin price has decreased significantly, but even so the coins you add must have good potential so that you get benefit from your investment.

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May 26, 2022, 07:04:37 PM
 #27

Personally, if I have to say my altcoins don't store very much. However, there are some that are being traded on exchanges such as BNB and Solana. About 30% only for this week's altcoin allocation. The profit that can be obtained is not too big, because indeed I try to target TP in a short time. Seeing price movements in the current market is not very convincing to linger long holding altcoins.

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May 26, 2022, 08:07:00 PM
 #28

Only hold major coins like bitcoin and ethereum. Altcoins are too risky to hodl for now and im still waiting for the recovery phase to come soon.


Bitcoin, ethereum and some stable tokens that can be used to avoid the volatility are the best choice for me right now. I will never try to put myself into the big risk by using altcoin in the bearish market even when people call that if the market can go up again but the chance for that to go even lower will always there.
I think the same, I mean why people want to take the risk with altcoins at this moment when the demand is so weak? I could understand that people were investing in some unknown altcoins if we were in the middle of a bull run or something like that as that is the time when many altcoins are doing great even if they do not deserve to have such a high value, however right now everything comes down to the fundamentals behind a coin, and if they are bad they have no chance of making any progress during this bear market.
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May 26, 2022, 08:20:12 PM
 #29

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink

To be honest, in a bearish trend like now, it's quite difficult to choose a good altcoin for investment. Because the risk is very high buying altcoins
in a situation like now, choosing the wrong altcoins, we will definitely lose all the capital we have. So we have to be careful in determining the coins
we will buy, do research and analysis in advance of the coins that we will buy, don't let us invest in the wrong coins. To be more secure,
I really recommend investing in top coins such as ETH and BNB, because the two coins have a very high demand. So it will always recover
if the price drops, so as long as we can be patient holding ETH and BNB until the price goes up, we can make a profit from ETH and BNB.

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May 26, 2022, 08:45:01 PM
 #30

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
I am just going to ignore the title, and would just say that I am all in for Bitcoin just like what TheUltraElite said.
It's a hit or miss now from many altcoins these days although I could say that I should buy some Ethereum right now but meh. I am going to be a bit more careful transferring some parts of my Bitcoin to buy Ethereum, so I won't just do it at all.
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May 26, 2022, 08:58:07 PM
 #31

Ethereum, Bitcoin. I always buy these coins on declines, because they have good long term future and in some years these investments will bring good profits. I also follow many projects that appeared during the last year, and I buy them at serious drawdowns. I will not name them, do your own investigations, rather than looking for a ready-made list among the responses of other investors, creating such threads.

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May 26, 2022, 09:36:44 PM
 #32

I have been eyeing Wave again as well. It hasn't been high recently and the drop has been a very serious and it is not really that much of a big deal and I understand that it is not going to be that easy. However, we are talking about a coin that has been doing things that these new popular ones have been doing for a long time, that should be good enough reason to make me think that it is going to be quite popular one day again.

I am not investing a lot because it has been popular once and I haven't seen many coins become popular, drop off the radar, and become popular again but there is a good chance that this would at least not keep going down and that would be great.

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Natalim
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May 26, 2022, 09:44:48 PM
 #33

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
ETH, BNB, and SOL...
That is all I have for now...whether I have to add more coins or just fill it the same. I just observing the market situation, the more it drops the more possible I'll be adding more money to invest but that can't be the last top-up, I'm going to hold then and wait for the price to recover.

 We are not in profit yet nor we can expect it at the current condition, that only be seen when the market changes its direction. I wasn't expecting a long bear season, I foresee such a recovery in the 4th quarter.

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May 26, 2022, 11:37:44 PM
 #34

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
Currently, I don't focus to add many altcoins, only BNB for me that I am buying. And with some BTC.
Nowadays, I prefer more to collect money and prepare for the bearish era, when the price will keep decreasing.
Although it may be still a long time coming, no problem because right now, I don't want to take a high risk by buying altcoins because the market is really unpredictable.

But if you want to invest in altcoin, these are few good ones:

  • shiba inu
  • doge
  • neo
  • Solana
  • dot
Wow, these may be good coins, but this is a high risk, moreover the meme coins. NEO has been a long time not increasing and showing its best progress. But once more, this is a personal choice. You must have your own criteria and decision to take them

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TheUltraElite
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May 27, 2022, 08:26:48 AM
 #35

I think now is the right time to buy and add some new tokens to invest because the crypto market is still in a bearish zone of course the coin price has decreased significantly, but even so the coins you add must have good potential so that you get benefit from your investment.
That is a good way to think but the past charts for most altcoins have never made that much of an impact than what bitcoin has over the last few years. Hence the coin that should be bought at every bear market is bitcoin not altcoins.

You are free to buy whatever you feel like but the end result for most altcoins is always abandonment or scam. But bitcoin keeps rolling on and on.

Buying a new altcoin is even more risky. If you have to buy then buy from one of the older and well known altcoins like ETH. If you have faith buy any shitcoin you wish to, just make sure your faith is put properly on their vision.

 
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May 27, 2022, 09:44:00 AM
 #36

Now isn't a good time to buy altcoins, the market manipulators are at play and they will make sure that BTC loses more value over time to create a new buying opportunity for themselves, holding stable coins or BTC is the best and safer option right now, if BTC falls further and altcoins lose more value then I will start buying, using dollar cost average.
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May 27, 2022, 10:15:19 AM
 #37

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
This is a period when I don't pay much attention to many altcoins for holding because there are many risks when bitcoin is completely dominating the current developments of the whole market. I myself still have some BNB I bought a long time ago and I'm still holding them and don't intend to sell them yet because, honestly, I'm quite interested in how they work. Despite the recent Binance IEOs, I haven't won anything, but if I can, I believe in the near future I will approach new IEOs on Binnance.
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May 27, 2022, 10:22:09 AM
 #38

Bitcoin and BNB. I got enough of my my Ethereum so I stopped purchasing that. I want to devise a new plan and I think BNB is a good target for the NFT hype is not yet over and most of them are using the Binance Chain which would increase the demand of it.
Bitcoin is not a question, it's my mandate to buy it whenever there's a chance. After that huge dump, it should be a good entry point for every investor, new or old. We might never see another cheap price or if we do, I think $28k is still a good position and a year or two it will be surpassed again.
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May 27, 2022, 10:24:17 AM
 #39

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
I try small luck but have a high risk buying bsc tokens but some of the ones I bought can't be sold because of rugpull but some of the ones that hold are quite profitable with little capital, using little capital is like betting, I think in bear market this is very difficult make a quick profit if you buy a coin that has a high rating in the market.

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May 27, 2022, 10:32:33 AM
 #40

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
I try small luck but have a high risk buying bsc tokens but some of the ones I bought can't be sold because of rugpull but some of the ones that hold are quite profitable with little capital, using little capital is like betting, I think in bear market this is very difficult make a quick profit if you buy a coin that has a high rating in the market.

Which token did you buy so that you felt the high risk was BNB?
When the market situation is like this no matter what we try it will still be difficult for us to get the profit, even if it is in a small amount but it will still go awry.
We also hesitate to buy, let alone to sell, of course we will feel a loss not a profit but even a dead end.

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