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Author Topic: Your recent altcoin investment and why?  (Read 1206 times)
MrDave (OP)
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May 26, 2022, 07:03:19 AM
 #1

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
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May 26, 2022, 07:14:08 AM
 #2


I'm waiting if someone tried LUNA this time since they announced they are forking and will take a snapshot this week. Anyone is taking this shot?
Or layer 1chain projects which I think we are seeing that they do still have a good price up to today despite the crash of more than 50% since the ATH.

The one that I bought recently was MATIC and maybe consider SHIB this time because they've had a lot of things going on.  Grin

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May 26, 2022, 07:22:28 AM
 #3

You can buy bitcoin if you are not planning to sell now, the price will still later increase, it can take months or few years before the price will increase significantly.

If you wan more ROI, you can try altcoin, but also altcoins are most risky and the can fail just like luna and TerraUSD.

Better not to buy altcoins for now because a small drop in bitcoin price would be a huge blow for altcoins. I mean altcoins will fall massively if bear market continues.

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

  • shiba inu
  • doge
  • neo
  • Solana
  • dot

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May 26, 2022, 07:37:02 AM
 #4

During this bearish season I am quite confuse to pick some suitable altcoins for investment beside this I don't recommend anyone to invest in this kind of sensitive market conditions nevertheless I bought some SHIB and SHINJA tokens couple of days ago by keeping its further development things in my mind according to my estimate SHIB has good potentials in good market conditions hopefully this recent investment might be beneficial for me in future.
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May 26, 2022, 07:41:37 AM
 #5

I have invested in a bad situation. Many of the coins and tokens that I have purchased so far have not made a profit. But I am someone who believes in long term investing. So far I have purchased CRO, Cardano, Matic, Solana, Sandbox and Mana. I am believe in the crypto assets I have purchased and I advise you to invest in the long term.

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May 26, 2022, 08:20:12 AM
 #6

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
There is no profit for today, I prefer to keep it for the long term, up to a year more at least it will really show results. I put money in bitcoin and ethereum which I think is pretty good because in the past it was strong enough to take on market extremes. I know those two coins are quite expensive, but I try to buy them gradually, collecting them slowly until waiting for the bull run market to arrive.

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May 26, 2022, 08:25:52 AM
 #7

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
My recent investment was on LUNA, this is just my experimental investment worth of $50 and I know its too risky to buy this coin as of the moment but I know and I understand that risk, I can afford to lose that money but I can't afford to miss the opportunity if ever LUNA goes to the moon again. I know its too impossible, but that's fine because I'm willing to wait.  Grin
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May 26, 2022, 08:38:34 AM
 #8

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
My recent investment was on LUNA, this is just my experimental investment worth of $50 and I know its too risky to buy this coin as of the moment but I know and I understand that risk, I can afford to lose that money but I can't afford to miss the opportunity if ever LUNA goes to the moon again. I know its too impossible, but that's fine because I'm willing to wait.  Grin

We're on the same page. I bought it worth $100 and hoped that there would be a massive uptrend later or tomorrow after the end of the snapshot. The best thing to do now is to wait for the market and for sure that more people will buy into LUNA and UST for the post-attack snapshot rewards. And, the good thing is that we have invested what we afford to lose since more than $100 is too risky, and we just need to make a stop-loss of 10% of the current price of LUNA.

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May 26, 2022, 08:46:41 AM
 #9

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
I just hold the coin steady when the market is volatile, there is no guarantee that the coin we buy goes up in the expected time because the bear market is still going on, but I always try to take advantage of the moment by buying cheaply and coming out quickly, the coins I usually buy for the short term in a bear market these are BNB and SOL.
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May 26, 2022, 09:00:28 AM
 #10

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.

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May 26, 2022, 09:04:50 AM
 #11

Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
I have sold a hefty amount of ETH during the bull run and I haven't taken them back. But I still have a few remaining and would be good for hold for years before I sell.
Aside from it, I have BNB, gala, axs, and slp. Well, the latter is just from my holdings because should I sell them right now, I'm in losses so there's no need to sell it at losses. What's good for me is to hold them together with those investments that I'm holding in alts. And the most important, with those alts that I have is owning btc.

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May 26, 2022, 12:38:08 PM
 #12

1. LUNA
2. ANC
3. PYR
4. WEMIX
5. PSG
6. ASTAR


Mostly of my tokens were coming from scalping the market. This is a very risky decision but i like that. I put my money into the risk rather than try to keep it in the safe place but yeah i have some stable tokens as well. Im not feeling worry when something bad will happen soon.

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May 26, 2022, 12:52:37 PM
 #13

Usually away from most of the altcoins if they are not based on PoW algorithm. There is valid reason behind it, many alts are based on PoS and it would be shocking to believe if they become very successful and sustainable in the long term. These projects always fail due to poor liquidity of the investment.

For me, I’m mining RVN coin with my two rig set up. I believe in that coin a lot because of its algorithm and economical emission. I get double security of long term funding and teams good too.
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May 26, 2022, 01:59:13 PM
 #14

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.

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May 26, 2022, 02:13:40 PM
 #15

1. GTC
2. CRU
These are the new altcoins that I have bought recently, but for the most part, they are not very profitable, but I am quite interested in them. In addition, it is still a process of buying some commodity coins like BTC... I think if you have built a specific plan with the market, then there is no need to worry too much about the information we are seeing. I have expected the market to sell them at a price that will be profitable.
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May 26, 2022, 04:07:57 PM
 #16

My portfolio:
1. BNB
2. SOL
3. MATIC
4. DOT
5. LUNA

In my portfolio 40% of BNB because i bought it below 300$, so i think it was very cheapest price, this coin will be speedy recover in the bull run, it’s very potential in the long term. As well as Matic seems to much bright coin for the future. I'm invested small amount of money with LUNA if it will pump in future but it’s only dream.

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May 26, 2022, 04:31:33 PM
 #17

for now I personally do not respond to new coins to invest even though they provide good prospects, for now I only focus on coins that have strong fundamentals, because I think coins that have strong trust and liquidity provide a great opportunity to be successful provide a definite profit in the future, while new coins have a very high risk,

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May 26, 2022, 04:38:18 PM
 #18


I'm waiting if someone tried LUNA this time since they announced they are forking and will take a snapshot this week. Anyone is taking this shot?
Or layer 1chain projects which I think we are seeing that they do still have a good price up to today despite the crash of more than 50% since the ATH.

The one that I bought recently was MATIC and maybe consider SHIB this time because they've had a lot of things going on.  Grin


Investing in Shiba is quite risky but when the market goes down like this I think I will try my luck with Shiba too. Of course it won't be much just a little bit and I'm willing to accept losing it. Many people choose luna because recently team will make luna 2.0 but I like Shiba more than Luna and I think Shi is safer than Luna right now.

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TheUltraElite
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May 26, 2022, 04:45:14 PM
 #19

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

Seriously the only thing you need to buy on every bear market is bitcoin. I probably bought my last altcoin 3years back and stopped dealing in them for now. This is because altcoins are never good for the long time value, bitcoin is.

Getting profit is not a joke and neither a hit-and-trial. Those coins which have done well in the past will continue to do that as long as their vision is clear. Bitcoin has this but most projects employing altcoins are lacking it.

New coin does not equal to huge profits. Hype does run a lot, but it is risky and ends up becoming a gamble.

R


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LLBIT
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Jose Mourinho
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May 26, 2022, 05:12:41 PM
 #20

Yes, at this time there are indeed very many new altcoins circulating in crypto, especially during the recent fall of LUNA, there are so many new coins in the name of the successor or replacement for Terra Luna, I advise you to be careful in choosing a new project because the risk is very high high, don't let you get stuck with them, especially when the crypto market is experiencing a decline, it's best if you start investing with coins that have a high market capitalization such as btc, eth and bnb.

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