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Author Topic: Be careful buying alts right now  (Read 10759 times)
zasad@
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June 22, 2022, 09:07:30 AM
 #41

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.
[/quote
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.

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June 22, 2022, 12:56:44 PM
 #42

I think that people known that so well. People are very careful these days before try to buy any tokens from the market. The bearish trend has been making so many people bought at the various price level. I think that this has become a basic knowledge during the bearish market.
You shall not feel worry about that. People have been dealing with their own risk. The bearish market has become a new chance for crypto users to accumulate more cheap tokens as their investment.

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June 22, 2022, 01:35:59 PM
 #43

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 recovery we have been experimenting is on the low side and it is not enough to make an argument we are out of the bear market, so anyone thinking about buying altcoins right now should rethink their strategy.

However it is unlikely this is going to happen as those which want to invest in altcoins now are mostly speculators which care about the short term and nothing more, so if they see an opportunity to try to make money with a new altcoin then they are going to take it, regardless of how likely it is they will actually achieve their goals and make money with them.

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June 22, 2022, 01:42:38 PM
 #44

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.
Even not during the bear season, we need to be careful when choosing them.
Thorough research is highly advisable, especially in new projects. But if we ask for a bigger chance to make a profit, choosing altcoins among the top 10 is way better and ideal. As to note that the results of investment come from the way we choose coins to invest plus the price of purchase.
Buying low, selling high? If you are consistent with this, you probably making yourself easy earning a profit and becoming rich.

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June 22, 2022, 01:45:02 PM
 #45

Right now is not the right time to invest in altcoins because the price continues to decline and we don't know when the bear market will end yet, and we can see potential coins such as bnb and ethereum have fallen so much that many investors are currently experiencing losses, even though the state of the market is like today but we still have to be patient until later all will return to the highest point as it was last year.
The bearish market that is happening right now provides an opportunity for us to buy cheaply, the prolonged price decline makes us all panic, but actually if we still have cold money that we have saved, of course it is better for us to use it to buy some altcoins that are in The top 10 coinmarketcap at the moment, I think investors fear of bitcoin decline makes them divert their assets in the form of altcoins and may trigger an altcoin season to occur later.

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June 22, 2022, 02:15:27 PM
 #46

Right now is not the right time to invest in altcoins because the price continues to decline and we don't know when the bear market will end yet, and we can see potential coins such as bnb and ethereum have fallen so much that many investors are currently experiencing losses, even though the state of the market is like today but we still have to be patient until later all will return to the highest point as it was last year.
The bearish market that is happening right now provides an opportunity for us to buy cheaply, the prolonged price decline makes us all panic, but actually if we still have cold money that we have saved, of course it is better for us to use it to buy some altcoins that are in The top 10 coinmarketcap at the moment, I think investors fear of bitcoin decline makes them divert their assets in the form of altcoins and may trigger an altcoin season to occur later.
I agree with you that at the moment we have a great opportunity to buy different coins at very cheap prices and it would be foolish for us to wait for our market to fall further.
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June 22, 2022, 02:49:48 PM
 #47

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.



bear trend still dominates the market there are a lot of altcoins that are falling and probably won't be able to survive.  to buy altcoins now or later in my opinion is the same, very risky, there are many shitcoins in the market.  referring to current developments, the decline will continue to dominate the market and no one knows for sure when the market will be pumped, there will be many altcoins that are getting worse from here as well as on the other hand many people are trying to find their fortune analyzing altcoins and including them in the buying list

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June 22, 2022, 04:57:13 PM
 #48

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.
Even not during the bear season, we need to be careful when choosing them.
Thorough research is highly advisable, especially in new projects. But if we ask for a bigger chance to make a profit, choosing altcoins among the top 10 is way better and ideal. As to note that the results of investment come from the way we choose coins to invest plus the price of purchase.
Buying low, selling high? If you are consistent with this, you probably making yourself easy earning a profit and becoming rich.

In order to minimize risks, we should stay away from new projects and focus on the top 10 alternative projects. A bear market is not a good time to look for short-term profits, its a good time to accumulate and invest in long-term projects. 

All the top altcoins lost 90% of their value during the bear market, so it can be said that they are too cheap to hold, but remember not that the top 10 will always rise in price, so do your research is essential.



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June 22, 2022, 05:03:13 PM
 #49

Buying in parts could be a good idea if undecided.
For many investors, this looks like the bottom of it and I feel them as the purchasing urge may be coming. So I suggest buying in different parts to avoid full regrets. The bottom of Ethereum at the last bear was $230 if I remember correctly and I doubt it will come to that point again.
$1,100 for Ethereum (time of posting) is still too far from the last ATL but it's in a good position for buyers who are in a rush. You could be in the middle of everything and if the plan is long term then it's a good buy.

Agree! if you are planning for long-term investment, if this asset serves as a preparation for your retirement that kind of mindset will allow you to wait and hold, there are many other alts that you can pick and like what you are suggesting if you look from the last time low there are still chances that we can experienced this same scenario and then again the market will return and bring the strong bull back on track.

More on your own understanding and your own knowledge when you pick your side investing your money.

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
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June 22, 2022, 05:18:51 PM
 #50

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.
Even not during the bear season, we need to be careful when choosing them.
Thorough research is highly advisable, especially in new projects. But if we ask for a bigger chance to make a profit, choosing altcoins among the top 10 is way better and ideal. As to note that the results of investment come from the way we choose coins to invest plus the price of purchase.
Buying low, selling high? If you are consistent with this, you probably making yourself easy earning a profit and becoming rich.

In order to minimize risks, we should stay away from new projects and focus on the top 10 alternative projects. A bear market is not a good time to look for short-term profits, its a good time to accumulate and invest in long-term projects. 

All the top altcoins lost 90% of their value during the bear market, so it can be said that they are too cheap to hold, but remember not that the top 10 will always rise in price, so do your research is essential.
This is exactly the time when you should be buying AAA rated cryptos that solve real world problems like XRP, ICP, and XLM. Even though they are down 90%, they could easily pump back up to ATH.
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June 23, 2022, 12:04:06 AM
 #51

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 are right!
We should be very careful for buying ALT Coins because right now, it's avery high risk situation.
But it's also a situation of very high chance.
We really need to consider what coins are valueble to buy right now.
Tony116
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June 23, 2022, 03:38:58 AM
 #52

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.
Even not during the bear season, we need to be careful when choosing them.
Thorough research is highly advisable, especially in new projects. But if we ask for a bigger chance to make a profit, choosing altcoins among the top 10 is way better and ideal. As to note that the results of investment come from the way we choose coins to invest plus the price of purchase.
Buying low, selling high? If you are consistent with this, you probably making yourself easy earning a profit and becoming rich.

In order to minimize risks, we should stay away from new projects and focus on the top 10 alternative projects. A bear market is not a good time to look for short-term profits, its a good time to accumulate and invest in long-term projects. 

All the top altcoins lost 90% of their value during the bear market, so it can be said that they are too cheap to hold, but remember not that the top 10 will always rise in price, so do your research is essential.
This is exactly the time when you should be buying AAA rated cryptos that solve real world problems like XRP, ICP, and XLM. Even though they are down 90%, they could easily pump back up to ATH.

Honestly all 3 coins I don't like and I will stay away from them, XRP is still not in trouble with SEC and it is unlikely to have a new breakout, ICP looking at its price chart, indeed I am very disappointed in ICP, the team is still developing and updating regularly but I remember that there was a time when ICP price could break above $1000 and now it is trading at $5. I'm not claiming it failed but it's hard to go back to ATH and set a new record, XLM, I wasn't impressed with it so I don't know anything about it. In my opinion you should focus ETH, BNB if you don't like them you can think of AVAX, ATOM, POKADOT, NEAR...



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June 23, 2022, 03:48:59 AM
 #53

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.
We cant be certain if we already reach the bottom because the price can go lower. However we cant also pin point if the value is the real bottom thus it will depend on the investors on how much value they're willing to buy even there's a risk. Anyway, we are in bearish market its a good time to buy coins that are cheaper. Just DYOR to determine what coins are valuable and wont turn as shitcoins.

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June 23, 2022, 04:25:12 AM
 #54

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.
What kind of coin purchase do you think is suitable, isn't the current market encouraging many people to make purchases of potential coins, if the recovery has occurred and the market has returned to the green, how can we capitalize on the investment towards a suitable return, I know that coin purchases based on the prices below, it will show the results and returns that we can measure

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June 23, 2022, 05:00:00 AM
 #55

Obviously the market is in dull state and nobody can predict about the future movement of market although some YouTube influencers are claiming on their channel and social media platforms that this is the last bottom of market but I don't believe on them and it's better to every investor and trader to not believe on false statements of those people who call themselves crypto influencers they all are playing an important role to ruine crypto industry just for their own greed the time is to step up very carefully with patience and this is what we need to do to survive in this bearish market which is obviously not going to be last long so stay positive.
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June 23, 2022, 01:03:28 PM
 #56

Buying in parts could be a good idea if undecided.
For many investors, this looks like the bottom of it and I feel them as the purchasing urge may be coming. So I suggest buying in different parts to avoid full regrets. The bottom of Ethereum at the last bear was $230 if I remember correctly and I doubt it will come to that point again.
$1,100 for Ethereum (time of posting) is still too far from the last ATL but it's in a good position for buyers who are in a rush. You could be in the middle of everything and if the plan is long term then it's a good buy.

Agree! if you are planning for long-term investment, if this asset serves as a preparation for your retirement that kind of mindset will allow you to wait and hold, there are many other alts that you can pick and like what you are suggesting if you look from the last time low there are still chances that we can experienced this same scenario and then again the market will return and bring the strong bull back on track.

More on your own understanding and your own knowledge when you pick your side investing your money.

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's better to check those coins before you invest, coingecko and coinmarket also allows you to do deeper research, if you have more time you can locate or sort the right asset base from how you understand the usages and the potential value of the coin that you are eyeing, utilizing the avenue of every resource can help you a lot to avoid losing your money.

Buying a coin should always be done with deeper research. Picking the right assets depends on how well the team and community  behind.

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June 23, 2022, 01:53:46 PM
 #57

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.
In my opinion bear market just started. It will stay for many more days and even years. So buying Altcoin now may be regrettable later. The market will fall more than the recovery. So we should wait a few more days to buy Altcoin.
eventhough its drop again , i am believe maybe around $15k we will see hard bounce for bitcoin or altcoin. at this moment selling pressure still look strong and buying using leverage could liquidated if we didnt use proper risk management. actually altcoin near monthly support which is for long term it was good level.

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June 23, 2022, 02:02:51 PM
 #58

I think a lot of people are stuck in this state they call it a fake bull. but if you can take advantage of small moments in a bear market with scalpers it seems like a lot of fun. With that, even in a bear market, we can make a profit even if it's small. But this is too risky we should not stay away from the portfolio for long, the market is really unstable when bearish.

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June 23, 2022, 03:03:03 PM
 #59


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

The fall of the market is a good time to buy new tokens for the best price.
But it is necessary to be very carefully and check everything because not all the projects will be able to survive during the fall of the market.
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June 23, 2022, 05:02:12 PM
 #60

Same here, as an investor, you have to be careful before making a decision, whether it's investing in crypto or managing your finances. I think the current bear market is still going on. I watched the market chart in the last month, especially since the beginning of June until now the bitcoin price is still stable in the range of $20k - $21k.
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