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Author Topic: Be careful buying alts right now  (Read 10759 times)
Grim149x
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August 15, 2022, 03:24:54 PM
 #261

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.

This is true. The current correction is just a relief and there's a possibility that there will be a second wave of dump once Bitcoin hit a strong resistance. There's a news that SEC might approved a butcoin short ETF and whales are pumping the market in preparation fpr the short ETF.

This theory has a point and the timing of this correction coincides to the date which the bitcoin short ETF proposal has been announced to the public.

Reference:https://www.cnbc.com/amp/2022/06/20/proshares-is-launching-a-short-bitcoin-etf-this-week.html
Yep ithinks its a bitcoin rally or maybe the hidden bulish of btc in weekly is filled right now and ithink it will be drop again and hit 10k ihope iam wrong because if iam right the alts will be awfull and so many investors will be loss

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john1010
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August 15, 2022, 03:42:39 PM
 #262

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.

If you buy an alt for holding purposes, I suggest that it is not a proper time to buy, but if you are a day trader this is a best time to roll your alts, because of the high volatility on the market you can maximize the token you are holding.
virasisog
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August 15, 2022, 09:22:28 PM
 #263

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.
fake recovery or not,we always need to be careful everytime we invest or buy some coins, i believe that we are still in bear market so we need to be careful we don't know if the market recover or continue to fall in next few months from now, however i believe that it is still good for investing right now and wait till the market fully recover.

There might be a little correction these past few days but the bearish season is not over yet. We should still be mindful in making firm decisions especially when it comes to buying altcoins. The risk is still there so we have to be wise because we're still in the bearish season. If you're still in the buying period, better choose the risk that you could take. Choose potential top coins over new projects.
capedbaldy
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August 15, 2022, 09:33:51 PM
 #264

There might be a little correction these past few days but the bearish season is not over yet. We should still be mindful in making firm decisions especially when it comes to buying altcoins. The risk is still there so we have to be wise because we're still in the bearish season. If you're still in the buying period, better choose the risk that you could take. Choose potential top coins over new projects.
We should not focus on price recovery because we are actually in a bear market period, so we should be careful buying at high prices even if buying tops of the coin so it is better to wait for market correction in the next few weeks, because before reaching recovery high the price may fall lower before entering the bullrun zone in the future.


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strunberg
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August 15, 2022, 10:44:34 PM
 #265

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.

If you buy an alt for holding purposes, I suggest that it is not a proper time to buy, but if you are a day trader this is a best time to roll your alts, because of the high volatility on the market you can maximize the token you are holding.
we think one more dip will coming , atleast bitcoin and altcoin price will test lastest bottom to see its valid or not. i am agree current price still have high risk if we look based on chart pattern , alot altcoin price now in major resistance so better to wait and see what will gonna happen with this market. 


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August 16, 2022, 04:20:21 AM
 #266

all investments have risks including buying alcoins, if you want to buy alcoins it's better to choose alcoins that can be durable such as eth coin and bnb coin can be invested in the long term I also invest these two coins and I already make a profit if I sell it, but I still survive because I believe in the future these two coins will rise in price.

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BobK71
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August 16, 2022, 05:51:44 AM
 #267

we think one more dip will coming , atleast bitcoin and altcoin price will test lastest bottom to see its valid or not. i am agree current price still have high risk if we look based on chart pattern , alot altcoin price now in major resistance so better to wait and see what will gonna happen with this market. 
I'm sure the decline will come but I'm not sure it will pass the previous low, after reviewing the market has not stabilized at +20k and the impact on the bear market will likely fall below 20k, but if the market continues to hold until the bear market ends then we will see high recovery in the next bullish phase.
Many have advised caution about the current market. They deserve the market could go dip again. Mt Gox Upcoming release of funds can be one of the reasons. But everything is uncertain. So at the moment it is better to avoid new trading or investing in new altcoins. I think the market will turn bullish again once the forthcoming effect end.

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LastKiss
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August 16, 2022, 06:16:30 AM
 #268

all investments have risks including buying alcoins, if you want to buy alcoins it's better to choose alcoins that can be durable such as eth coin and bnb coin can be invested in the long term I also invest these two coins and I already make a profit if I sell it, but I still survive because I believe in the future these two coins will rise in price.

I agree although many people tends to look for an opportunity from buying in shit altcoins since they can give you 3x ROI in a few days so a lot of them choose that in reality in long term both altcoins that you mention are always the winner if take a look from their value. I believe that crypto will get another ATH in the coming years in preparation for that we can buy our favorite alt for long term holding.


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Kadal Ijo
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August 16, 2022, 06:22:05 AM
 #269

If we are used to high-risk investments, we will not be surprised if we enter cryptocurrencies, the opportunity to go up and down very high prices makes us ready if something bad happens, but if we have good capital and analysis then to get big profits up to 100% in a month or less is easy.

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August 17, 2022, 12:42:57 AM
 #270

all investments have risks including buying alcoins, if you want to buy alcoins it's better to choose alcoins that can be durable such as eth coin and bnb coin can be invested in the long term I also invest these two coins and I already make a profit if I sell it, but I still survive because I believe in the future these two coins will rise in price.

I agree although many people tends to look for an opportunity from buying in shit altcoins since they can give you 3x ROI in a few days so a lot of them choose that in reality in long term both altcoins that you mention are always the winner if take a look from their value. I believe that crypto will get another ATH in the coming years in preparation for that we can buy our favorite alt for long term holding.

There are people who call themselves investors but play like a gambling type of investment strategy, taking a short-term shit coin and hoping that hypes will allow them to take a big bunch of profits. Otherwise, losing side will lead them to lose everything that they've got after the shit project developers runaway with their hard earned money.

Reality wise, every single project has a risk if you don't have patience to do research and proper understanding with the coin

that you are investing with. outcome rely with how you anticipated and your term projection in how long you will continue to hold before you sell your assets.

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BobK71
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August 17, 2022, 06:26:19 AM
 #271

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.
The market is still in confusion. Many people are afraid to invest because they think that the market will go down further. Now that the crypto market is bearish, we should proper utilize the time. Because now every coin comparatively in buy zone. However, even in this bearish period, Ether has advanced relatively far. So according to my knowledge buy as much as you can.

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August 17, 2022, 01:34:24 PM
 #272

Buying Altcoins with a bear market in my opinion is very good, because this is a very precise moment when all Altcoins are down. But if you want to buy an Altcoin, you have to choose and see how the potential of the Altcoin is good or not, so I'm sure when this bear market ends you will definitely benefit from what you buy in this bear market.
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August 17, 2022, 02:28:25 PM
 #273

I think crypto is risky for sure m8!
And there's no way you "won't risk" or will be "100 percent sure" about the success of the token you choose
I pick VRJAM for now and we'll see what happens, I see the potential of this multiverse platform and due to the situation in the world, VR looks pretty promising
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August 17, 2022, 08:37:52 PM
 #274

Buying Altcoins with a bear market in my opinion is very good, because this is a very precise moment when all Altcoins are down. But if you want to buy an Altcoin, you have to choose and see how the potential of the Altcoin is good or not, so I'm sure when this bear market ends you will definitely benefit from what you buy in this bear market.
bear market scares us. and that's true, but of course we shouldn't be 100% afraid of this bear market,
even though that's where the opportunity comes, look for information on social media about price predictions,
I'm sure you will find it, and make sure you buy at the right price

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SlimShadyMmp
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August 17, 2022, 10:36:57 PM
 #275

Matic went almost 3X ETH is still pumping I think whats actually happening bear or no buy is those devs working and improving their projects are going to win and clear out the stagnant ones Best time to buy any coin is mostly now and so few months ahead But dyor

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August 17, 2022, 10:51:30 PM
 #276

Buying Altcoins with a bear market in my opinion is very good, because this is a very precise moment when all Altcoins are down. But if you want to buy an Altcoin, you have to choose and see how the potential of the Altcoin is gooy bod or not, so I'm sure when this bear market ends you will definitely benefit from what you buy in this bear market.
in bear market it create rich people for whom courage take risk , without risk we never get profits. alot good projects now already on bottom and even create new low.

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August 17, 2022, 11:24:32 PM
 #277

At a time of bear market like today, many large projects whose prices have fallen to the bottom. Why choose an obscure alt coin when you see a lot of top alt coins selling at such a low price?

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August 17, 2022, 11:52:45 PM
 #278

Buying Altcoins with a bear market in my opinion is very good, because this is a very precise moment when all Altcoins are down. But if you want to buy an Altcoin, you have to choose and see how the potential of the Altcoin is gooy bod or not, so I'm sure when this bear market ends you will definitely benefit from what you buy in this bear market.
in bear market it create rich people for whom courage take risk , without risk we never get profits. alot good projects now already on bottom and even create new low.
We can reduce the loss ratio if we don't rush to buy a bear market, you can set the lowest buy price of the current market and wait until the market declines, that's my trading experience and I never take the risk of buying when the price starts to increase.
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August 18, 2022, 03:47:38 AM
 #279

Buying Altcoins with a bear market in my opinion is very good, because this is a very precise moment when all Altcoins are down. But if you want to buy an Altcoin, you have to choose and see how the potential of the Altcoin is gooy bod or not, so I'm sure when this bear market ends you will definitely benefit from what you buy in this bear market.
in bear market it create rich people for whom courage take risk , without risk we never get profits. alot good projects now already on bottom and even create new low.
A common strategy in trading strategies is to buy low and sell high ‍and this dip price is basically when the market is in a bearish mood. We are currently in a bearish period and most of the coin prices are relatively low. At this time, as there is risk and on the other hand, there is an opportunity to get good returns, especially when the market will be bullish.

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August 19, 2022, 04:07:50 AM
 #280

We should always be careful when we want to put our money in cryptocurrency.
Even if we want to buy bitcoin, not only altcoins. We should careful from scammers who can steal our coin.
Not mention that there are tons of scam and fraud cryptocurrency projects in crypto, so indeed we should be very careful.

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