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Author Topic: Reason why I won't be buying top altcoins in this bear market  (Read 1415 times)
Gulf_Official
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July 01, 2022, 08:13:57 AM
 #141


The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

The fall of the market continue because all market falls and people simple do not have money for investment.
Now economic situation in the world is very difficult and all market falls.

Now many peple do not know what to do. All market falls and they lose their money. At the same time the inflation rise and the prices rise.
Many people simple do not have money for investing.
But fall of the market is the best time to buy the tokens for the best price and have maximum profit from investment.
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July 01, 2022, 10:12:39 AM
 #142

Buying any coins when the market bear certainly has a risk, even I bought Bitcoin a few days ago when the price is around $ 21K because there is a lot of speculation that Bitcoin will skyrocket, but today the market correction again and the price of bitcoin drops to $ 19k.
Don't worry about it bro, if you still have Bitcoin and haven't sold it yet, then your profit hopes are still there, because at this time there are still very many people holding Bitcoin because of the price decline that is still happening. And even some of them have bought Bitcoin when the price was $ 30k, try to imagine how much it would lose if it was sold now. So be patient if you still have Bitcoin for now.
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July 01, 2022, 10:33:10 AM
 #143

Buying the top altcoin in the dump market is the essential one.It was confusing for me based on your decision.Surely the top altcoin will increase to the maximum again,but you need to wait for the same. It may take some huge time for the old price.Now the bitcoin itself half the price compared to old price.So it mean it will not increase again,like this you are saying this concept.

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July 01, 2022, 10:45:46 AM
 #144

Many altcoins will never reach their all time high again. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.

There is no doubt that the number of new altcoins are being created every day is much higher. There are currently about 20,000 cryptocurrencies in the coin market cap, not all of which are active. There were a lot of coins that made good reputation in the market, their trading volume was huge but they could not be found in a few days later. Many are lost in the bearish market. So if you spend your resources on all these projects then the risk will be 100%. It is not always advisable to invest in a new project and you should never make a decision by looking at the market cap.

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July 02, 2022, 12:07:46 PM
 #145


The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Now many peple do not know what to do. All market falls and they lose their money. At the same time the inflation rise and the prices rise.
Many people simple do not have money for investing.
But fall of the market is the best time to buy the tokens for the best price and have maximum profit from investment.

Fall of the market is the best time to buy tokens for the most profitable price. The most important before investment is to evaluate the potential of the coin to invest in cryptocurrency which will be able to survive during the fall of the market.
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July 02, 2022, 06:18:52 PM
 #146

Because crashing of btc price right now so altcoins market will continue fail. At least you can buy top altcoins for holding by long time, even when ithe price of btc going up again. My suggest you should buy btc and eth right now which is deep time and it will give more profits. Although now market situation also red so it can be take long time for green narket.
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July 02, 2022, 06:33:11 PM
 #147

in a bear market like today it is very unfortunate if you decide not to buy top altcoins,
even though the price of altcoins is also currently experiencing a dump,
of course this is a good opportunity to buy it when the price is low, don't turn it upside down,
buy when it's expensive and sell it when it's cheap ha ha  Grin

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July 03, 2022, 09:38:47 AM
 #148


The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Fall of the market is the best time to buy tokens for the most profitable price. The most important before investment is to evaluate the potential of the coin to invest in cryptocurrency which will be able to survive during the fall of the market.

Now all market fall and it is very difficult time for all the markets. Now many people lost their assets and they do not have enough money to continue their investments.
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July 03, 2022, 04:21:40 PM
 #149

No chance for big profits of buying altcoins in bear market but if you can buy before starting bear market then it should be right situation. Anyway we should take long time for research investment in a project even follow right market position.
Well, there are many ways to make and take advantage of this market, but the risk is very high if you decide to buy, because eventually the BTC is falling, but if the BTC rises, it is likely that the altcoins will do so quickly, especially the ETH , but in the hypothetical case that instead of the BTC going up, what it does is go down in price, it would be something totally disastrous, because it is very likely that the investment in an altcoin goes down much more, causing the investor to panic and I leave producing losses and That is not the idea.

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July 03, 2022, 04:29:36 PM
 #150



Now all market fall and it is very difficult time for all the markets. Now many people lost their assets and they do not have enough money to continue their investments.

No body should regret because it is advised to invest with money that you can avoid to lose and you are still cool with your decision. For the newbies side, you are also advised to study the system before you diving into investment. If you have only profit in mind, you will always buy wrongly, you buy coins that are just pumping but with no use.
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July 03, 2022, 05:20:01 PM
 #151

Stablecoin of fiat is the king when the market is in an uncertain time. This is the same for both crypto and stock since we have seen a great outflow of money coming out from both markets. Why would you buy altcoins at all when even top stock or Bitcoin struggles to keep it, right?
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July 03, 2022, 05:45:32 PM
 #152



Now all market fall and it is very difficult time for all the markets. Now many people lost their assets and they do not have enough money to continue their investments.

No body should regret because it is advised to invest with money that you can avoid to lose and you are still cool with your decision. For the newbies side, you are also advised to study the system before you diving into investment. If you have only profit in mind, you will always buy wrongly, you buy coins that are just pumping but with no use.

Actually for people who have good knowledge of the crypto world, the current bear market is not something to worry about. Even if we plan
to invest when there is a bear market, this is a recommended step, because we can buy coins at low prices. So when the bull market comes
we can make big profits, the problem is that not all coins are worth buying when a bear market occurs. Therefore, it is very important when
we plan to buy coins in a bear market situation, we must already have good research and analysis skills. So that we can make the right decisions
to determine which coins are worth buying, so we can avoid investing in the wrong coins. Then another important thing is that we must invest money
that we can afford to lose, so if after we buy the coins the market gets worse, we can casually hold the coins we have until the market recovers and
there is no need to cut losses.

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July 04, 2022, 07:46:55 AM
 #153


The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Now all market fall and it is very difficult time for all the markets. Now many people lost their assets and they do not have enough money to continue their investments.

People do not know in what projects to invest because fall of the market is very risky time as not all the projects will be able to survive during the fall of the market.
Also because big inflation many people simply do not have money for life and they sell all their assets just to get any money.
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July 04, 2022, 08:07:47 AM
 #154



Now all market fall and it is very difficult time for all the markets. Now many people lost their assets and they do not have enough money to continue their investments.

No body should regret because it is advised to invest with money that you can avoid to lose and you are still cool with your decision. For the newbies side, you are also advised to study the system before you diving into investment. If you have only profit in mind, you will always buy wrongly, you buy coins that are just pumping but with no use.
Exactly because it is very important to learn and understand all things related to investing or trading before doing that,
it's clear when we want to invest or trade the aim is to make a profit and everyone wants the same thing,
so what has to be done is of course how to make a profit from trading or investing

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July 04, 2022, 08:50:52 AM
 #155

In general, this is so. Each deep and long bear season ended with a significant part of the altcoins leaving the cryptocurrency market forever, and there were also certain changes in the top ten and twenty of the CoinMarketCap table. Apparently, this will be the case this time as well. But the top altcoins that have stood the test of time, I think, should not be afraid. If anyone doubts that we have not yet reached the price bottom, you can still buy potential altcoins in parts. This has always served as a certain guarantee that we will not make major mistakes.
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July 06, 2022, 12:28:55 PM
 #156

1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.


1. Not for Ethereum and BNB, they will most likely hitting a new All-Time high when the crypto bull finally come, together with Bitcoin.
2. I don't think so, most the top 20 coimarketcap coin has proven that they can survive the current bear market that has happening since earlier this year.
3. The top altcoin has been quite the same for the last couple of years, and crypto hasn't been here for so long, so I don't get which history you are talking about.


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July 07, 2022, 09:51:24 AM
 #157


2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.


Some will speculate that the altcoin market is dead but I think that in its own cycle, there are bull coins and bear coins. I suggest you only invest in the top 5-10 altcoins with the highest potential because money invested in all of them is risky especially if you don't know the details and try to enter new projects that come to the market.

For the most part, this is a good time to buy the top altcoins with potential. Even though the market is currently in a bear market, there are still plenty of opportunities for those who are patient. Of course, that doesn't mean you should throw your money into any altcoin you look at. Diversify your holdings, research each idea thoroughly, and make sure you know exactly why a particular coin or token has the potential to succeed over time.

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DanWalker
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July 07, 2022, 10:07:07 AM
 #158

1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.


1. Not for Ethereum and BNB, they will most likely hitting a new All-Time high when the crypto bull finally come, together with Bitcoin.
2. I don't think so, most the top 20 coimarketcap coin has proven that they can survive the current bear market that has happening since earlier this year.
3. The top altcoin has been quite the same for the last couple of years, and crypto hasn't been here for so long, so I don't get which history you are talking about.
1. Ethereum and BNB are 2 exceptions that OP didn't mention, after every bear cycle, ETH always hits a new ATH following bitcoin.
2. Ranking is something that can prove the true strength of that coin in the market compared to the rest, the better the coin, the higher the position.
3. The crypto market is extremely harsh, so if you can't change, don't grow, you can understand that you will be replaced with something better. Look at bitcoin, no one has ever replaced it because no one is really better than it till now.

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July 08, 2022, 03:11:43 PM
 #159

It's true that some alts will fade away and never recover but investing in new projects is always risky because most new projects are just scams. The only legit new project that I have found recently (be aware that I don't follow NFT projects) is CNDL chain. It's an L1 engineered to host metaverse DApps. As far as older alts that will survive and reach the top 10... I think we will see NEAR, IOTA, and XLM reach the top 10 in this next cycle.
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July 08, 2022, 06:40:24 PM
 #160

1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.

Altcoin investment is too risky especially when the market is in a deep bearish. Some may look very tempting because of their cheap value but the question is if they can survive if the market remains to be in a long term bearish. I believe those who don't have real utility cases won't sustain their value and eventually get lost in the market. So do not take the risk investing in altcoins particularly if you are still a newbie. Instead, stick on bitcoin and invest for long term because its the safest investment that would make you profitable as long as you sell it at a high and reasonable value.

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