Be careful buying alts right now

[brat111111]

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.

It is very important to check everything before investing. But usually during the fall of the market people check everything more carefully than during the rise of the market.

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[kensaii]

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.

Yes, being scalpers by selling or buying under the high voilate of the market is seen as more optimized for this sideways market. The worse thing that could possibly happen to you is being a long term holder which really not bad.

[dark1234]

The weekend has arrived, if we want to buy, then wait for the weekend, the market movement will be seen in which direction for next week so be wise in making purchases on the weekend because fake recovery can occur on the weekend so it's better to wait for now the right way to buy Crypto assets especially the bear market will not necessarily end this month because Q3 is coming soon.

the weekend is the end of the real price trend because when you see the market decline, the steeper it is when it's approaching a holiday or weekend even though this assumption is not 100% correct but in fact this often happens...
for now the market can still have a chance to go down because it is too early to see the market recover

[dark1234]

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.

even though at this time many crypto assets might be said to be very cheap because they lost very high prices but we still have to be careful in investing because when the market recovers sometimes they don't have a strong recovery and tend to lag behind bitcoin movements, invest in altcoins which may be said to be safe is the best choice such as ETH, BNB and others

[molsewid]

The weekend has arrived, if we want to buy, then wait for the weekend, the market movement will be seen in which direction for next week so be wise in making purchases on the weekend because fake recovery can occur on the weekend so it's better to wait for now the right way to buy Crypto assets especially the bear market will not necessarily end this month because Q3 is coming soon.

I always hate weekends because my assets gets the price low, but now I am used to it now. But we should be careful every time we want to buy a new one, not all projects will still be able to get back on the track after this bear market, so even though we will buy alts on weekends it is not quite sure that in Q4 it will pump enough.

[shinratensei_]

I think no one knows for sure the exact time that the bearish gonna be lasting. These could be fake recovery or it could even means bullish is near, otherwise if someone could know the exact time they would've been the next warren buffet.
Instead I think the current moment is fine for accumulation, even if the trend of bearish still goes on and the correction is still coming, you could just accumulate slowly and also waiting for the right timing.
Even like that once the real recovery comes, your investment still gonna results in big ROI.

[Ziskinberg]

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.

It is the question of why people can afford to buy ETH $1000 but are afraid to buy at $900? I don't know what is in their mind, maybe it is because they have been discouraged by so many people pretending experts. Buying potential altcoins now is a smart idea. Many people got wrong about the situation, in fact, this bear season gives us the opportunity to buy them at a cheaper price. Apparently, we have had this situation before, many had thought the market crash and rejected to buy but what they got is all about regrets. I'm still thinking of the same scenario, many were still in the same feeling because of doubts and worries.

[Pelana vreo]

I still remember when the price of Ethereum in 2017 reached $1000 USD and then dropped to $100 usd in 2018, maybe a situation like that will happen again, but no one knows when the price will go down, because nowadays crypto investors are smart in managing assets that they have with many things such as staking and farming, of course with the aim of long-term investment

[Jaered]

I think so too. Probably a bear trap or something in that guise. Even the Fear and Greed meter is still hitting 11 which is pretty gloomy. I may buy some tokens but It's going to be on DCA levels, not an all-in thing

[bounceback]

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 we see on the chart shown by the bitcoin price movement during the current downside phase, it seems that bitcoin is very difficult to move higher above the $30k level so there is a possibility that at this phase the bitcoin price will only stay at $20k-$30k a little longer, maybe at this time it would be very risky to buy with altcoins because it is possible that the market price will continue to experience correction so I think for now it is better to keep assets with stablecoins while waiting for the market recovery to occur.

[robattfield]

It's not unusual for each person to give their own view of this market, but do well with the strategy you are thinking about using in this market. I don't have to be too traumatized by the stages of the market, because, in fact, I always see different opportunities at each stage of the market. It is possible that many people do not properly understand investing in this market, causing them to lose money and obsess over it.

[GelatikKembar]

It's not unusual for each person to give their own view of this market, but do well with the strategy you are thinking about using in this market. I don't have to be too traumatized by the stages of the market, because, in fact, I always see different opportunities at each stage of the market. It is possible that many people do not properly understand investing in this market, causing them to lose money and obsess over it.

That's true because of course everyone also has their own analysis related to the market,
maybe that's because we know for ourselves that whether it's trading or investing in the crypto market it's not an easy thing and it's very complex too,
indeed basically before deciding to invest in crypto it is very important to learn and understand it first

[cheezcarls]

This is why we do not go all-in for these altcoins, and Bitcoin isn’t an exception as it has more dominance and volatility than any other coin or token in the market. As of now, yes I am trying to be careful in buying alts. I am now more focused in doing DCA for Bitcoin and soon for Ethereum once my monthly average income increases.

[Joshapat]

The current number of cryptocurrencies is more than 20k, every day comes around 50 new listed, this is because to make coins or tokens very easy, of course the opportunity to rise when there are coins or tokens are very difficult because the competition is very tight, the developer prefers to make a new project Instead of developing old projects that are almost dead so we must be aware of any condition.

[someone703]

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.

Thinking about what the altcoin profits have brought as well as the risks that will happen, I think this is more fair and it helps this market to balance and develop sustainably. In the past period we have seen severe price drops and collapses in some cases, but basically I am a long-term participant in this market, so losses or profits are also frequent. So at the time when I felt it was necessary to buy some things that I loved, there was no need to worry about things around me. I was envisioning a future I was envisioning.

[cryptosru]

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 very important to check everything before investing. But usually during the fall of the market people check everything more carefully than during the rise of the market.

Fall of the market is a good opportunity for new projects with big potential. If they be able to survive during the fall of the market when rise of the market comes they will have a lot prospectives.

[savetheFORUM]

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.

Too early? No way, the drop have started right before we enter this new year, can you imagine how many months had passed already? And yet we are still here stuck in a rut. 900 usd for eth is a best value but what price do you think is the rea bottom if not this? Too much chasing for the bottom is not right because what if the price recovers and continues on this position? You will only miss the golden opportunity that is being offered right now if you won't grab this.

Okay, you can also do a dca if what do you want is the real bottom. If there is anything that we should be careful of, that is when picking the right altcoins that we will be adding to our portfolio but there's no room to doubt or to argue about the price.

[dark1234]

I still remember when the price of Ethereum in 2017 reached $1000 USD and then dropped to $100 usd in 2018, maybe a situation like that will happen again, but no one knows when the price will go down, because nowadays crypto investors are smart in managing assets that they have with many things such as staking and farming, of course with the aim of long-term investment

the fall of ethereum in 2018 was very significant and the impact that I felt the most panic and fear was very high for me personally who incidentally as a person who just joined in 2017 and at that time there was no obsi staking and farming there was only holding on to it but everything was treated after selling it in 2020 ago even though ATH still hasn't happened
so the fall in the market will be beneficial for them to buy and is something that must be taken advantage of even though some assets have been stuck 50-70% but all will be cured for those who are able to withstand the pain of a bear market

[Yamifoud]

I still remember when the price of Ethereum in 2017 reached $1000 USD and then dropped to $100 usd in 2018, maybe a situation like that will happen again, but no one knows when the price will go down, because nowadays crypto investors are smart in managing assets that they have with many things such as staking and farming, of course with the aim of long-term investment

the fall of ethereum in 2018 was very significant and the impact that I felt the most panic and fear was very high for me personally who incidentally as a person who just joined in 2017 and at that time there was no obsi staking and farming there was only holding on to it but everything was treated after selling it in 2020 ago even though ATH still hasn't happened
so the fall in the market will be beneficial for them to buy and is something that must be taken advantage of even though some assets have been stuck 50-70% but all will be cured for those who are able to withstand the pain of a bear market

Choosing the right coins for investment gives us no worries even if the market will dump like in 2018. I won't say that this current bear season is the same as the previous one, however, this will create panic as well if we invest shitcoins, those in hype knowing that they will dump more and hard to recover. It can't be denied to have some fear and uncertainties during the bear season but if we let this feeling controls us, the possibilities we think negatively and lose our minds end up selling our assets.

[Cryptoababe]

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.

How sure are you?
Although the market is bullshit right now but no one knows the buttom. People have called many buttom and no one was able to guess right. Unless they are lucky.
So, know one can call this recovery fake out.