Be careful buying alts right now

[lixer]

To invest in crypto you have to choose a specific time and you have to choose the right token.

And that time is now wherein the market is bearish. Coins are cheaper compared to the price before. Though we cant say how long this bear market will last, but certainly its the time to buy top coins. Its way safer to buy top coins because they're unlikely to be delisted on exchanges and will recover if the market turn better. Its because this situation also happened before and these coins who are existing for years already, managed to survive the bear season.

Delisting is a serious problem and people who can't see that will end up with coins that will get delisted from top exchanges and they will think that what's going on is something regarding another bad news or something but in reality it is just the fact that volumes are dropping which means that there are less trades and that means exchanges do not make that much profit from the less traded ones and could delist those coins.

In return, there will be plenty of people who will lose money because things that gets delisted will get lower and lower, the less places a coin is listed, the more it will drop and eventually that would be a loss that could take years to recover, or may not even ever recover.

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[MiF]

I think we need to always be careful on buying not only today but also in every season or market condition, not all alts are affected of bear market during bear season and not all alts also affected during bullish season. Because everything depends on the projects backgrounds and team behind it together with the developing team. That is why expert always says always do your own research for good.

[vifzor]

I think we need to always be careful on buying not only today but also in every season or market condition, not all alts are affected of bear market during bear season and not all alts also affected during bullish season. Because everything depends on the projects backgrounds and team behind it together with the developing team. That is why expert always says always do your own research for good.

I agree because in bull market, even bad project find a way to raise their price but we need to make sure we check the background of project and not only focus on the price trend of last weeks.

[GatotKaca]

I don't think Ethereum's $900 hit is the bottom of this bear market. I think Ethereum will go below $400. Because it may take years for the next bullrun to come. And so long the crypto market will continue to go down slowly. So those who want to buy Altcoin should wait longer.

to get to $400 I guess that's too deep for Ethereum. it will be difficult to reach new ATH in the next bull season.
The decline will be gradual. there will be a small bounce that looks like a strengthening of the market. but that won't prevent the market from falling deeper.
Eth's potential downside I don't think will be more than $700. if that figure hits even if it goes deeper, the market may be in its worst season. I don't want to see that happen.

[Cornia]

Many of us will have trouble thinking that ETH will hit $400 or $700. But nothing is impossible in cryptocurrency. After the bullrun of 2017, many of us did not think that ETH would go never below $100. But the reality is that ETH has been below $100 for a long time. However, ETH hit $880 during this bear market and I hope this is the bottom value of ETH during this bear market.

[Garsipop]

A lot depends how useful the coins and what profitable tools it offers. It is necessary to check all the information about the coin to know more about it like this
https://twitter.com/LollipopBsc/status/1537731681779453952

There are too many cryptocurrency projects but only the useful projects will left.
After the fall of the maket will be able to survive only the best and most useful coins.

Falling of the market is very risky time for all the markets, because not all the projects will be able to survive.
The more longer will be the fall of the market the less projucts will be able to survive during such fall.

[Sang Prabu]

Buying Cryptocurrencies certainly has a big risk, of course we still remember what happened with Luna, the price of dropped 99% in a week and making Luna's price now there are 4 zero behind the comma, anything can happen and this is the importance of doing dyor and understanding with risks.

[Miaallen]

Being careful with what cryptocurrency to buy on invest into nowadays should be limited to just the altcoins but also the Bitcoin. The Cryptocurrency general market keeps swinging to direction none can even predict, not even the so called experts in the field. That's why everyone should be careful and invest only the funds one can afford to lose.

[InpulseX]

A lot depends how useful the coins and what profitable tools it offers. It is necessary to check all the information about the coin to know more about it like this
https://twitter.com/LollipopBsc/status/1537731681779453952

Falling of the market is very risky time for all the markets, because not all the projects will be able to survive.
The more longer will be the fall of the market the less projucts will be able to survive during such fall.

Cryptocurrency market always risky. Many people lost money on cryptocurrency. But during the fall of the market it became much more risky.
It is very difficult time for all the projects.

[Wong Gendheng]

Buying Altcoin and Bitcoin certainly has the opportunity to lose, this has happened since Bitcoin is present at Exchange, there is always an opportunity to lose money, especially since the current market conditions are increasingly difficult and the number of scam projects that add to the image of cryptocurrencies is getting worse.

[Fesatmas]

Being careful with what cryptocurrency to buy on invest into nowadays should be limited to just the altcoins but also the Bitcoin. The Cryptocurrency general market keeps swinging to direction none can even predict, not even the so called experts in the field. That's why everyone should be careful and invest only the funds one can afford to lose.

Actually our caution begins when we get to know the world of this cryptocurrency. Yes, how can we not, we are faced with two contradictory things, profit and loss. Now the difference is that we are more careful because we are faced with a market that cannot be said to be okay. Of course there is a very high risk, to lose maybe not but we need more time to wait.

[posi]

If you have decided to buy altcoins at the current price, you should be prepared for the fact that the price will continue to decline and you will hold a losing position. And in the case of a continued decline in the price, you should have enough stablecoins left to get a good average position by buying altcoins at a low price.

That's what everyone in this thread is thinking. But the market has taste for doing the opposition when everyone is so sure about it. I think we've at nearly the bottom, even if it falls, the overall trend will be bound back.

As always, nothing is certain in the market, if you think it is going up it will go down, if you think it is going down it will go up. There is no method that tells us where the bottom of a coin is, so if you are a long term investor you should wait to buy at a heavily discounted price and should use the average price per coin. This is the best strategy that will help you never to miss any bearish opportunity instead of waiting for a final bottom that we cannot identify.

[ptk1]

Yes you told right because i also think market still in down train. So altcoin also will down it is normal matter. If any one buy any altcoin right now i think it will be very risky and his fund will go in danger jone. I think it will be better to wait for market stable. And when market will up train then that time will better for buy altcoin, otherwise fund will be fall in risk. So everyone should careful and avoid to buying alts right now.

[helloinox]

Buying Altcoin and Bitcoin certainly has the opportunity to lose, this has happened since Bitcoin is present at Exchange, there is always an opportunity to lose money, especially since the current market conditions are increasingly difficult and the number of scam projects that add to the image of cryptocurrencies is getting worse.

I doubt there is more alts scam when the market is being like this. I mean you have to realize there are now new flow of money and investors. No enough to keep the old alts running hence price keep going down across all coins.

[cute nmp]

This is true now is not the right time to be buying altcoins thinking that the bear market is over.This is just a slight market recovery and  I think the market will go bearish again.Nobody can tell when the bull market will return so it is better to play safe with your funds.

[Shasha80]

This is true now is not the right time to be buying altcoins thinking that the bear market is over.This is just a slight market recovery and  I think the market will go bearish again.Nobody can tell when the bull market will return so it is better to play safe with your funds.

Actually if we have good research and analysis skills, then have experience in the crypto world, no problem investing in altcoins in the current
market conditions. Because we can find out which altcoins are worth buying, but for newbies who do not have knowledge and experience
in the crypto world, it is indeed very risky to buy altcoins today. That's why many people recommend playing it safe, with a focus on investing in
Bitcoin during bear markets. Moreover, as you said, we never know when the bull market will come, so we must be careful with the money we have.
Don't choose the wrong coins for investment which can make us lose all the money we have. In a long-lasting bear market like today, don't make
too many risky decisions if we don't want to experience big losses.

[Sir Legend]

Currently there are more than 20k cryptocurrencies available, about 100 new coins are added every day, this makes the competition very tight so many developers can't wait to develop projects and choose to create new projects so that old projects become scams or have no value, of course this makes we must always be vigilant because the chance of a scam is very high.

[GatotKaca]

Currently there are more than 20k cryptocurrencies available, about 100 new coins are added every day, this makes the competition very tight so many developers can't wait to develop projects and choose to create new projects so that old projects become scams or have no value, of course this makes we must always be vigilant because the chance of a scam is very high.

we just need to tag the people behind such projects. and when a new project is launched we can know that it is not worth it for us to put our money there.
overall the top altcoin market is certainly greatly influenced by the dominance of Bitcoin in the market. even when Bitcoin is experiencing a decline like it is today, we must remain vigilant and not rush to buy more altcoins with the discounts offered. because we're not done with the bear that keeps on roaring. we can fall deeper.

[fuguebtc]

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

Basically Altcoins depend on Bitcoin, As of lately we know that bitcoin get down form approximately 65-70% form its ATH and at the same time altcoins get down 90-95% so it is very easy to mark out that altcoins are risky at the moment as the market is not stable yet. If bitcoin price decrease more then altcoins will be affected. So your assets your decision but we also know that "no risk no gain" So buy some altcoins right now which are most potential coins in the current market.

And ever since, the majority of these altcoins had lost their value more than Bitcoin and this is the fact that investing in Altcoins is too risky. However, in the case of the bear season, taking the chance on buying potential altcoins like ETH and Sol seems ideal as to know that they will recover fast as to the moment that Bitcoin will be rallying high again. But then, I won't encourage people to allocate more of their funds in altcoins, it should be going to Bitcoin.

We should be technical enough upon choosing projects for investment where TA and FA are very important.

In investing in altcoins there is definitely more risk involved, but the investment has the potential to bring high returns due to the high risk, as long as you research and do a lot of in-depth analysis on each altcoin project, you will reduce the risk somewhat.
Never invest all your funds into altcoins, always focus on bitcoin, altcoins should only be viewed as a risky investment and can be lost.

[Maestro75]

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

I'm not sure $900 is the bottom. Now investors will be given new hope for growth, and then there will be a new price dump to $500 or a little lower.
Until the whales have most of the coins, there will be no new pamp.

You put your own comment inside the quote of Ketesnuko. I know it is a mistake as I already know you as an established member.

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

At what point do you think the market will be ripe to buy altcoins then? If you think we have not made it to the bottom, it means you have a point you think will be the bottom. Can you share that with us because I want to buy too with minimised risk. If Ethereum price ever goes to the $500 that zasad@ is speculating the market will be on real fire. Alot of people will freak out.