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Author Topic: Be careful buying alts right now  (Read 10759 times)
100xcoin
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July 02, 2022, 11:58:57 AM
 #141


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

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.

It is necessary to constantly sturdy and improve the knowledge to earn money on the cryptocurrency market.
After the fall of the market will be the rise of the market and it is necessary just to wait.
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July 02, 2022, 01:47:02 PM
 #142

The journey won't be a straight line, so for anyone who can be patient and play along will benefit from it. If you are buying now then be sure to wait for or buy more at certain average prices. Truly the bottom is not here yet, so it's better to careful and watch the price movement.

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July 02, 2022, 02:04:55 PM
 #143

The journey won't be a straight line, so for anyone who can be patient and play along will benefit from it. If you are buying now then be sure to wait for or buy more at certain average prices. Truly the bottom is not here yet, so it's better to careful and watch the price movement.
Unfortunately there are still some people who are influenced to buy at high prices because conditions like this still can't be sure it will go up or down, if you see some events that happened yesterday the bitcoin price collapsed again and gave a lot of influence to altcoin prices, it's best if you want to buy then buy a coin that has good potential and has a clear project so that it is suitable for long-term savings, the suitable altcoin in my opinion is Ethereum and BSC, although like that, be careful it remains number one.

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July 02, 2022, 02:10:34 PM
 #144

it doesn't matter to those who say the bear market is over if they bring in definite data. But sometimes I feel annoyed that they invite people who are new to cryptocurrency to buy the coins they want because they are cheap. We have a lot to remind those who are new here about the importance of analysis.

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July 02, 2022, 04:00:22 PM
 #145

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.
Yes, the bearish season is still continuing. It will not end easily this year. Maybe there will be some market pump in a certain time, but I am not sure that the market will not be bearish again. The price of Bitcoin still has the probability to drop again like in the previous bearish era. And altcoins will be following.
For investing in altcoins? Well, this may be interesting, but I also think that we must be more selective and careful to choose the right one that has a higher chance to survive. then the price may go higher in the bullish season.
Investing in new altcoins? I don't think I will, it is too risky, like gambling, isn't it?
Well here what is convenient is that we can all have a different vision of the market, for some they see this bearish season as one of the seasons with the greatest opportunity to buy cheap, of course the risk is very great, since Bitcoin at any time can continue to fall in price, it is likely that when buying tokens or coins they fall even more, we can see losses above 20%, which is something quite important, and in the mind of an investor it is not pleasant at all, that is why I say, it is the The investor's personality decides what to do and what not to do in this market, which is really bearish.

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July 02, 2022, 04:26:13 PM
 #146

The journey won't be a straight line, so for anyone who can be patient and play along will benefit from it. If you are buying now then be sure to wait for or buy more at certain average prices. Truly the bottom is not here yet, so it's better to careful and watch the price movement.

It's too important that we know how to analyze the market movement but buying while the price is low without waiting for the bottom isn't a bad decision because it's still good for a long-term investment. You could still gain a good profit when the market recovers. Things will depend on our target profit and investment time frame.
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July 02, 2022, 04:41:45 PM
 #147

Yeah your are totally right, bear market is not going to an end in near future, maybe it takes reverse action in the first or second quarter of the 2023, for now we should do buying, and should not invest all of our money in for now, we should buy from dip to dip, like when it btc was at 17000$, than we should buy some alts and now it's at 21000$, after taking some profit invest again when another dip comes.

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July 02, 2022, 04:42:08 PM
 #148

I can agree. I am still holding my stablecoins. When the time is right, I will buy some and be a frog and go for hibernation. Potential profits in bull market fam.
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July 02, 2022, 07:17:30 PM
 #149

Every time we should be careful before investing but now is the time to invest in our favorite project little by little and this is a great strategy
Anyway, it would be foolish for us not to invest even after the market has fallen so much and wait for the market to fall further.
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July 03, 2022, 09:32:47 AM
 #150


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

It is necessary to constantly sturdy and improve the knowledge to earn money on the cryptocurrency market.
After the fall of the market will be the rise of the market and it is necessary just to wait.

To be successful in cryptocurrency investments it is necessary to study and learn the market.
It is necessary to understand how the market works to earn money on the cryptocurrency market.
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July 03, 2022, 10:20:52 AM
 #151

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.

Everything is speculative. I think a lot of us believe that the market might still go down, maybe, and a good question you asked there. A further 50% drop from the current price will be brutal for all cryptocurrencies and that will be putting ETH at the price range of $500 and about -90% drop from its ATH on Nov 10, 2021 of $4,878.26

This Bitcoin Rainbow price chat is telling us that the market is on the "Basically a Fire Sale" stage already so you can imagine what going way down would be for the market.






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July 03, 2022, 11:26:35 AM
 #152

Every time we should be careful before investing but now is the time to invest in our favorite project little by little and this is a great strategy
Anyway, it would be foolish for us not to invest even after the market has fallen so much and wait for the market to fall further.

Yeah I agree when this bear market happens we should prepare our capital to invest step by step not in a one step. Don't forget to use money that you can afford to lose so that when the market continues falling you won't depress so much because your investment is down. Also always do some research before investing rather than invest in a new coin without a proper team or potential just invest in top altcoins we can find in coinmarketcap.


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July 03, 2022, 03:44:06 PM
 #153

The market is on a shaky wobbly leg right now. It could go towards 30k+ price (bitcoin) or it could go under 15k, and we have no idea which one it will do. I understand that people are confused right now and they do not know what to do and I agree that it is not an easy task.

But, if we get together and make a decision based on what we could see as of right now, then we could make a prediction that would work out. Well, if we all think that it will go up, then we would all buy, and if we all buy then it will really go up so it would be a self-fulfilling prophecy and same goes for going down as well. So right now, the only way to profit is to be a collective, and not individuals in the same place.

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July 03, 2022, 04:44:42 PM
 #154

The market condition  is very hard right now so though to predict coin price. Now best option is to buy to most valuable coin. Many new project failed their own goal early. So you can buy most valuable coin and hold long time i hope you will be get goof profit from it.
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July 03, 2022, 06:14:51 PM
 #155

The journey won't be a straight line, so for anyone who can be patient and play along will benefit from it. If you are buying now then be sure to wait for or buy more at certain average prices. Truly the bottom is not here yet, so it's better to careful and watch the price movement.
I'm not buying any alts because there are too many risks associated with them. The price keeps going down and like you said, not a straight line yet. While would I risk to alts when BTC and ETH can still be at very high prices in the future. So even if the price of BTC or ETH keeps going down, they offer a lower risk compared to alts.
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July 03, 2022, 09:23:03 PM
 #156

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.
That is the risk you take when you invest in alts. When it is the bull period, I have seen people do stuff that would be crazy, like I have seen people actually do insane levels of stuff where it would be 100x or even more profits. Because it is bull month and that makes sense and you end up with making that kind of return. I once saw a dude turn a few grand into millions, that is what the bull month is capable of.

However, when you are in the bear period, you could always have 90%+ returns, and that is why it is risky to keep your money in alts when we are in the bear market. Put it all on btc first, when things start to go up, use those profits to do something.

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July 03, 2022, 10:28:30 PM
 #157

Altcoin investments is very very dangerous this time because of cryptocurrency falling and rising the following of cryptocurrency is not something someone go to the market and buy any outcome that does not have value. If you are to invest in what can be a good altcoin to invest is those ones that I have name like bitcoin cash ripple coin and ethereum.

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July 03, 2022, 10:33:30 PM
 #158

Altcoin investments is very very dangerous this time because of cryptocurrency falling and rising the following of cryptocurrency is not something someone go to the market and buy any outcome that does not have value. If you are to invest in what can be a good altcoin to invest is those ones that I have name like bitcoin cash ripple coin and ethereum.

When it comes to Ethereum, it is definitely a very forward-looking investment. Unfortunately, when it comes to Bitcoin Cash and Ripple, I am afraid that these two projects will not be able to appear in the mainstream market.


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July 04, 2022, 07:39:37 AM
 #159


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

To be successful in cryptocurrency investments it is necessary to study and learn the market.
It is necessary to understand how the market works to earn money on the cryptocurrency market.

Everything requires knowledge. To be successful it is necessary to study.
But fall of the market it is very difficult time for all the people because many people stop investing at all and sell their assets.
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July 04, 2022, 08:17:02 AM
 #160

The market condition  is very hard right now so though to predict coin price. Now best option is to buy to most valuable coin. Many new project failed their own goal early. So you can buy most valuable coin and hold long time i hope you will be get goof profit from it.
That's true because if you look at the current market conditions I think the most rational choice is to buy or invest in the top coins,
it is much safer and on the other hand for long term investment top coins being the right choice,
because when we invest in a new project it will be more risky

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