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Author Topic: Reason why I won't be buying top altcoins in this bear market  (Read 1362 times)
Dragonbite
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July 09, 2022, 10:49:38 AM
 #161


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 very dangerous time for all cryptocurrency projects but those projects that will be able to survive during the fall of the market have a big potential.

The condition of cryptocurrency market depends on the whole economic situation in the world.
Now cryptocurrency market falls because of unstable economic situation in the world and big inflation.
bonyaserg
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July 09, 2022, 01:59:38 PM
 #162

I can say that no one knows what altcoins will be in demand in the market. But I can say with confidence when the bear market ends, a large number of altcoins will begin to rise sharply and those who bought them at a very low price will receive an excellent income. So now everyone is right in his own way and wants his forecast to be the most correct. It remains only to wait and believe that the prices of coins will soon begin to rise.
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July 11, 2022, 10:11:38 AM
 #163


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

During the fall of the market it is possible to buy cryptocurrency for the best price. But a lot depends how useful is a project and what it offers.

Not all the projects will be able to survive during the fall of the market. So if you are not sure in the future potential of the coin it is better not to invest in it.
livingfree
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July 11, 2022, 11:33:35 PM
 #164

Not all the projects will be able to survive during the fall of the market. So if you are not sure in the future potential of the coin it is better not to invest in it.
It's shaking all the market and that's why many "good" projects will be eliminated and will lose their value on this bear market. Just how it was during the last bear market.

This is where this current bear market is heading.

And I agree to you, if someone is interested in buying some tokens of these projects that they spotted. They need to think of it because they might not survive.

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CuriousGeorge
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July 11, 2022, 11:52:17 PM
 #165


The condition of cryptocurrency market depends on the whole economic situation in the world.
Now cryptocurrency market falls because of unstable economic situation in the world and big inflation.
It could be that the current world economy crisis has contributed to the correction that comes one after another in crypto market in general, regardless though even without the crisis btc would still enter its correction phase since it has had quite the rally that caused a breakthrough in ATH. this current correction was kinda obvious to come since in investment, there's always a correction after massive rally

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July 12, 2022, 02:21:39 AM
 #166

1. Many altcoins will never reach their all time high again.
This is true and I've seen many coins at the top 10 a few years ago that aren't in the top 10 or even in the top 50 anymore. There are some top 50 coins in the past also and some of them aren't even in the top 100 anymore. I still can't forget EOS since I'm a big fan of it. I'm lucky that I didn't bought some when it is at it's peak at around 20$ back in 2017-2018 because even though we had this bull market, it didn't reach that price anymore.

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.
Almost the same as the first one.

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.
Uniswap, Polygon, Solana, Polkadot, Binance Coin.
These are only few of the top coins right now that aren't in the top a few years ago. We don't know what coins will emerge in the future. We might see bottom coins right now that will go on top and vice versa. We will see projects that will came out of nowhere and will be on the top like Polkadot. It's unpredictable and that's what's good with crypto market Cheesy.

KaliLinux
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July 12, 2022, 05:44:27 AM
 #167

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.

This could be right and at the same time, many investors will also lose a great part of their investment investing in new Alts projects thinking that that is how new projects always give good returns. Outside of Investing in Bitcoin, Ethereum, BNB, and a couple of others that have held up well through some bears seasons, others might fail and worse are new projects.
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July 12, 2022, 07:01:01 AM
 #168

1. Many altcoins will never reach their all time high again.
stats? any supporting proofs? but I also agreed in this one.
Quote
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.
lol , top 20 coins mostly holding their position for years so this bear wont bring them down just  like that.
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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.

this is in the lower ranks but rarely in ranks from 1-20 or even in 30's.

but if you wanted to be safer then only put money in top 10 for more secured and safeties .

Buakaw_Club
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July 12, 2022, 07:37:45 AM
 #169


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

Not all the projects will be able to survive during the fall of the market. So if you are not sure in the future potential of the coin it is better not to invest in it.

It is very important to continue to develop the project during the fall of the market. Fall of the market is very dangerous time for all cryptocurrency projects but the most dangerous is that now economic situation unstable and all market falls.
RussianEnglishTranslation
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July 12, 2022, 12:48:15 PM
 #170


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

Not all the projects will be able to survive during the fall of the market. So if you are not sure in the future potential of the coin it is better not to invest in it.

It is very important to continue to develop the project during the fall of the market. Fall of the market is very dangerous time for all cryptocurrency projects but the most dangerous is that now economic situation unstable and all market falls.
One thing that helps investing in a down market like this is to either invest in newly launched projects that aren't losing money and investors or in projects that raised a lot of money (like ICP or XLM) and have a big enough war chest to survive a 2-3 year bear market.
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July 12, 2022, 01:44:33 PM
 #171

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.

 In some cases, altcoins can really grow very well, but not all altcoins can do this, and that is why the risk of losing money with altcoins is much higher. Bitcoin is a reliable investment (as far as it can be), in the world of cryptocurrencies today it is perhaps the most reliable investment. It is possible that something will change in the future, but so far there are no prerequisites for this.

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July 12, 2022, 05:42:17 PM
 #172

Historically, altcoins have grown stronger than bitcoin after another bear season. For example in 2018 ETH could easily be bought for $100 and even now it is worth 10 times that. But buying altcoins is always a gamble. But it seems to me that now is a good time to buy for perspective.
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July 12, 2022, 06:23:51 PM
 #173

Not all the projects will be able to survive during the fall of the market. So if you are not sure in the future potential of the coin it is better not to invest in it.
It's shaking all the market and that's why many "good" projects will be eliminated and will lose their value on this bear market. Just how it was during the last bear market.

This is where this current bear market is heading.

And I agree to you, if someone is interested in buying some tokens of these projects that they spotted. They need to think of it because they might not survive.
I think he was talking about those bad projects only. After every bear, there are always bad projects that dies and unfortunately most of them are too strong to hold on while all good projects are still complete. Why will they die when many people continue to show their support on them? They may lose some of their value during a bear market but that was normal because that was bear market all about.

It happens in order for the investors to buy the coins at a discounted price. Having a doubt is a sign that one should not continue on what they are planning to do because usually only the bad thing can only happen to them. There are still popular coins out there which can give them a confidence.

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July 12, 2022, 06:44:31 PM
 #174

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.

 In some cases, altcoins can really grow very well, but not all altcoins can do this, and that is why the risk of losing money with altcoins is much higher. Bitcoin is a reliable investment (as far as it can be), in the world of cryptocurrencies today it is perhaps the most reliable investment. It is possible that something will change in the future, but so far there are no prerequisites for this.

That's why it's better if we will risk on coins with huge potential so we will not lose our funds, especially during this bearish season. Bitcoin and other reliable cryptocurrencies like BNB and Ethereum can resist this bearish market so they are worth buying. We can't predict the future of the market but we can have assurance with well-established coins. Our hard-earned funds will not be wasted if we'll invest them wisely.
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July 13, 2022, 09:57:15 AM
 #175


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

It is very important to continue to develop the project during the fall of the market. Fall of the market is very dangerous time for all cryptocurrency projects but the most dangerous is that now economic situation unstable and all market falls.

Now it is vey difficult time for all cryptocurrency projects because all market falls. Not only the cryptocurrency market.
In many countries inflation is so big that people simple do not have enough money for life.
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July 14, 2022, 08:06:33 PM
 #176


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 it is vey difficult time for all cryptocurrency projects because all market falls. Not only the cryptocurrency market.
In many countries inflation is so big that people simple do not have enough money for life.

Inspite of very difficult time it is very important to continue to develop the project even during the fall of the market because during the fall of the market only the best projects will able to survive.
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July 15, 2022, 09:36:30 PM
 #177


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

Inspite of very difficult time it is very important to continue to develop the project even during the fall of the market because during the fall of the market only the best projects will able to survive.

Not all people can risk buying cryptocurrency now.
Fall of the market is very risky time because not all the cryptocurrency projects will be able to survive during the fall of the market.
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July 16, 2022, 08:18:04 PM
 #178


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

Not all people can risk buying cryptocurrency now.
Fall of the market is very risky time because not all the cryptocurrency projects will be able to survive during the fall of the market.

Now it is possible to buy cryptocurrency for the best price because cryptocurrency market falls and the price for digital assets is best.
The most important is to evaluate the potential of the coin.
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July 17, 2022, 04:15:07 PM
 #179


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 it is possible to buy cryptocurrency for the best price because cryptocurrency market falls and the price for digital assets is best.
The most important is to evaluate the potential of the coin.

During the fall of the market it is possible to buy tokens of new and prospective projects for the best price but the most important is to evaluate the potential of the coin.
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July 17, 2022, 05:02:33 PM
 #180

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.


yes I agree with your first and third reasons because many of the current top altcoins will not reach their highest point again because the current creation of altcoins is very much and some of them will be in the top 10 - 20 positions on coinmarketcap. but I don't agree with reason no. 2 because on coinmarketcap it can be seen from the total volume that is there to occupy the top position. and there will definitely be the latest altcoins that are trending all the time, so the top altcoins will shift temporarily. so everything goes according to the trend.

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