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Author Topic: Be careful buying alts right now  (Read 10759 times)
SirLancelot
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July 04, 2022, 01:56:53 PM
 #161

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.
I think that analyzing is important if you're into much shorter terms like for example if you are a trader but for someone that is into longer terms, they can just buy and then hodl without needing to worry what can come in the next days/weeks. I don't know if what is that true bottom they are looking for when it's clear that we are now done with that phase. Right now the price have recovered and is getting stable in preparation for the bull run.

The lowest we got last time was in the range of 15-16k and that must be the bottom. I thought op warns us because of the scams happening around but it was only the price that he was going to talk about, oh well.

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July 05, 2022, 12:16:31 PM
 #162


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

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.

Fall of the market is very risky and dangerous time for buying cryptocurrency assets. Not all the projects will be able to survive during the fall of the market that is why it is necessary to check everything to evaluate the potential of the coin.
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July 06, 2022, 09:15:11 AM
 #163

I recommend Don't buy for a few months now because the situation is getting worse ... Because there are more and more dangerous exchange hacks in the bear market, then it is better to settle down and then buy usdt or any stable coin ... if you still want to  but then Busd or Usdc is best ... And put it in the wallet to take entry in right time.



 

 

 

 

 

 


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July 06, 2022, 11:26:43 AM
 #164


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

Fall of the market is very risky and dangerous time for buying cryptocurrency assets. Not all the projects will be able to survive during the fall of the market that is why it is necessary to check everything to evaluate the potential of the coin.

During the fall of the market it is possible to buy tokens for the best price and have maximum profit from investments but it is very risky time too because not all the projects will be able to survive and the price of the tokens can fall to zero.
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July 06, 2022, 01:05:27 PM
 #165

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.

You have to be extra careful to buy alt coins in the current bear market, but it is difficult to predict what will happen in the very volatile market. Even then, you should buy alt coins in a few steps by observing the market and using your previous experience. Then there will never be a loss.

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July 06, 2022, 08:04:12 PM
 #166

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.

You have to be extra careful to buy alt coins in the current bear market, but it is difficult to predict what will happen in the very volatile market. Even then, you should buy alt coins in a few steps by observing the market and using your previous experience. Then there will never be a loss.

The bear season is not over yet, the recent bull of some altcoins is just a trap to nail investors and liquidate their trading accounts, some have even enter future trade and start opening long positions, which is not good at the moment. For sure the market will pump back but it's all a matter of time. Let's say, those bagging more altcoins now might still be in loss because the market will examined some bear movement in the few months of the year remaining. As we all know, bear takes longer time than bull run. Market can be bullish for like 1-3days but bearish can take up to a month before retesting back to bull. 
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July 06, 2022, 09:02:17 PM
 #167

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.

So, you are worried about spending money and not getting a good enough price for your purchase? in my opinion, If we want to get the most value in the alt-coin market, you should pay attention to their movements in these days. As we saw above, Bitcoin market followed the movements of China and USA. when markets give discount prices try to some purchases with reasonable cost ratios for future use and resell.

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July 06, 2022, 10:59:20 PM
 #168

The market is dip right now and as an investors we need to be very careful of the market right now because we don't know if the market is going to keep falling or wait. Anything can happen right now and if we keep investing in altcoins we might end buying coins that will crash soon. It is better to wait now for the market to go up a little before buying any coin to avoid loses.

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July 06, 2022, 11:45:56 PM
 #169

there is always chance for further correction but regardless it still is a great chance of accumulating your investment just accumulate slowly based from the current trend.
because regardless majority of the coins have lost big share of its value so even if they regain half of their ATH valuation you already made great fortune from your investment.
so always accumulate and acts according from the current trend whether it's bullish or correction.

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July 07, 2022, 05:28:36 AM
 #170

In my opinion I think that the best thing to do right now is just to add some of those altcoins on watchlist and keep on monitoring them until bitcoin will show the signs of sellers being exhausted, or better still buy in bit by bit during each dip, but such process is for those who intended long term hold and have the funds to do so, I still see some people buying shitcoins presale coin despite the fact that they knew that we are in bear market, some folks just love taking risk that is not worth it

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July 07, 2022, 08:57:44 AM
 #171


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

Fall of the market is very risky and dangerous time for buying cryptocurrency assets. Not all the projects will be able to survive during the fall of the market that is why it is necessary to check everything to evaluate the potential of the coin.

During the fall of the market not all projects will be able to survive, that is why fall of the market is very risky time and it is very important to carefully evaluate the potential and prospects of the project before investing.
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July 07, 2022, 10:51:38 AM
 #172

In my opinion I think that the best thing to do right now is just to add some of those altcoins on watchlist and keep on monitoring them until bitcoin will show the signs of sellers being exhausted, or better still buy in bit by bit during each dip, but such process is for those who intended long term hold and have the funds to do so, I still see some people buying shitcoins presale coin despite the fact that they knew that we are in bear market, some folks just love taking risk that is not worth it
I agree with you there but you know that investing in cryptocurrency is all about taking risks and some of us have a knack for taking a high level of risk because they believe that most of these shitcoins can or will blow up in price someday. There are Alts you might actually want to be buying in bits as you have said if the funds are there, maybe DCA cos there is a possibility that the price might not fall lower than we expected and you end up missing to buy much lower.
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July 07, 2022, 11:04:55 AM
 #173

Personally, I always study the market before buying coins and always buy current coins that will be in demand in the cryptocurrency market in the near future. And I also recommend all my friends to buy only those coins that will be in demand and will make a profit. And also buy coins only on verified exchanges. Otherwise, you can just fall into the hands of scammers. And now when the market is falling very much and buying coins is very risky now because the price can change very much.
researching and studying carefully about the coins that we are going to buy is a basic thing in investing but not all buying coins that will be in demand and buying on a verified exchange guarantees it will be safe because we know just now what happened to terra luna so look for opportunities and sell at the right time right is the thing that will give profit
There is no guarantee even if it is an exchange that is legitimate. Being delisted from an exchange still happens, so because a coin gets listed does not mean that it is surely going to stay there in the long-term.
Once the coin dries out, say bye bye for that coin in that exchange.

A coin listed on a major exchange was considered a potential coin at the time, there is no guarantee that investing in them will always be safe. Exchanges can also delist at any time if they become useless, exchange is not a factor in assessing the potential of a coin.

Any altcoins available puts you at risk, so just do your research and invest with what you can afford to lose.

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July 07, 2022, 11:08:12 AM
 #174

During the fall of the market not all projects will be able to survive, that is why fall of the market is very risky time and it is very important to carefully evaluate the potential and prospects of the project before investing.
I don't even see any risk in this condition or in the current state of the market crash, because I see this as a very good opportunity to buy top coins or the best coins in the crypto space. Because the best coins will always survive and will never die in their current condition so buyers will benefit greatly by getting top coins at very low prices compared to last year's prices. And I mean ETH, BNB, BTC, SOL and TRX.
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July 07, 2022, 06:48:04 PM
 #175

During the fall of the market not all projects will be able to survive, that is why fall of the market is very risky time and it is very important to carefully evaluate the potential and prospects of the project before investing.
I don't even see any risk in this condition or in the current state of the market crash, because I see this as a very good opportunity to buy top coins or the best coins in the crypto space. Because the best coins will always survive and will never die in their current condition so buyers will benefit greatly by getting top coins at very low prices compared to last year's prices. And I mean ETH, BNB, BTC, SOL and TRX.
One needs to be extremely careful when buying  altcoins presently, they're one of the toughest risks at the Moment. Altcoins season haven't come yet, so any pump of altcoins is just a trap, imagine GMT pumping from 0.2 to 1dollar, the moment you buy at 1 dollar, it will be shocking to you how it will dip. I felt it last year when the altcoins I bought thinking that it will pump, dump heavily on me. That was then i realized that altcoins season varies. It can dtart anytime this year.

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July 07, 2022, 07:14:25 PM
 #176

During the fall of the market not all projects will be able to survive, that is why fall of the market is very risky time and it is very important to carefully evaluate the potential and prospects of the project before investing.
I don't even see any risk in this condition or in the current state of the market crash, because I see this as a very good opportunity to buy top coins or the best coins in the crypto space. Because the best coins will always survive and will never die in their current condition so buyers will benefit greatly by getting top coins at very low prices compared to last year's prices. And I mean ETH, BNB, BTC, SOL and TRX.

Those are the coins to watch, but aside from those know ones, you can also check new projects or quiet projects that continue to

progress even in this kind of market situation, bear season is still dominant from the last time high, but we've been in this kind of

market and the next thing we noticed, another bull return and lift the market to pump back,.

It's on you to choose what particular coin to invest, just like the title itself. Being careful will allow you to be compensated

once you pick the right project to invest.
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July 08, 2022, 09:57:07 AM
 #177


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

During the fall of the market not all projects will be able to survive, that is why fall of the market is very risky time and it is very important to carefully evaluate the potential and prospects of the project before investing.

It is very risky to buy altcoins during the fall of the market because not all the projects will be able to survive during the fall of the market.
it is very important to evaluate the potential of the coin before investing. To do this it is necessary to check technology that it offers.
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July 08, 2022, 02:21:59 PM
 #178

Bitcoin moved a bit to $22k and then we're again looking to stay to $21k. Yeah, this could be a fake recovery but this is better than no recovery at all. Some alts have moved together with this motion of bitcoin while the rest are still experiencing the downside of being in a bear market. This will take really long and we don't know on how long this is going to stay for a while. If you're into unknown and uncommon altcoins, you really have to be careful if you're the type of investor that's been into alts for long and you know how to play along with their market, just wanna say good luck to you!

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July 08, 2022, 03:03:02 PM
 #179

Bitcoin moved a bit to $22k and then we're again looking to stay to $21k. Yeah, this could be a fake recovery but this is better than no recovery at all. Some alts have moved together with this motion of bitcoin while the rest are still experiencing the downside of being in a bear market. This will take really long and we don't know on how long this is going to stay for a while. If you're into unknown and uncommon altcoins, you really have to be careful if you're the type of investor that's been into alts for long and you know how to play along with their market, just wanna say good luck to you!
It's true that if we force to invest in bitcoin that is not very well known then it's tantamount to risking your money to lose. Even though it's not a loss, it might take a long time to get back the money we've spent. This may sound intimidating to beginners, but not to long-time investors. Because it can be said that their mentality has been slightly trained.

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July 08, 2022, 03:25:56 PM
 #180


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

During the fall of the market not all projects will be able to survive, that is why fall of the market is very risky time and it is very important to carefully evaluate the potential and prospects of the project before investing.

It is very risky to buy altcoins during the fall of the market because not all the projects will be able to survive during the fall of the market.
it is very important to evaluate the potential of the coin before investing. To do this it is necessary to check technology that it offers.
It might be safer to consider investing in new projects that launched during the bear market. This way there are no bagholders looking to dump on you to break even. Two such metaverse projects are Lamina1 and Candle Chain.
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