Be careful buying alts right now

[Sayeds56]

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 Crypto & stock markets reacted yesterday to CPI data announcement  suggests that economy is not going to get better so soon & fear of recession due to rising inflation will continue gripping the market in coming weeks & months. You are right it is not right time to get entry in the market with objective of short term gains as it may slip down further in coming days when FED will announce interest rates decision, however long term investors can do accumulation on every major dip like the one we had yesterday.

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[BobK71]

But the current time is very dangerous. At this time you should always be careful in investing.And even if you invest, buy the best coins that are available and invest for long term.And if you can't do that, then refrain from investing in this situation because the market condition is so bad that no one can do proper research.And always keep in mind that your investment never comes to a loss.

Investing in altcoins is extremely risky when Bitcoin gives some positive signals but cannot advance and repeatedly fails. Altcoins have lost a lot of value in the bearish market and are still losing more and more. So investing in altcoins at this point has the highest risk of losing money.

[Pamadar]

But the current time is very dangerous. At this time you should always be careful in investing.And even if you invest, buy the best coins that are available and invest for long term.And if you can't do that, then refrain from investing in this situation because the market condition is so bad that no one can do proper research.And always keep in mind that your investment never comes to a loss.

Investing in altcoins is extremely risky when Bitcoin gives some positive signals but cannot advance and repeatedly fails. Altcoins have lost a lot of value in the bearish market and are still losing more and more. So investing in altcoins at this point has the highest risk of losing money.

No doubt about that, there are many rider types of traders, they just want to have a quick earn schemes and quit as soon as possible.

It really affects the whole market during the bear season. If there are more sellers, the value will continue to fall,
while if happens that the market experienced bull there are many traders that will buy and think that it will grow more,
eventually it falls, and those who bought at the peak will lose a lot when dump continue to hit their hold investment.

[MCobian]

But the current time is very dangerous. At this time you should always be careful in investing.And even if you invest, buy the best coins that are available and invest for long term.And if you can't do that, then refrain from investing in this situation because the market condition is so bad that no one can do proper research.And always keep in mind that your investment never comes to a loss.

Investing in altcoins is extremely risky when Bitcoin gives some positive signals but cannot advance and repeatedly fails. Altcoins have lost a lot of value in the bearish market and are still losing more and more. So investing in altcoins at this point has the highest risk of losing money.

In a bear market situation, it is true that investing in altcoins is very risky for us to lose money. Especially if we invest in new coins or meme coins,
the risk is very high. But not all altcoins are bad bought in a bear market situation, if we invest in altcoins that are popular and have strong
fundamentals, I think the risk is not that big. Like ETH and BNB are examples of altcoins that are worth buying in a bear market situation.
Because ETH and BNB have a fairly high demand, so as long as we can be patient holding in the long term then we can generate large profits.

That's why in a bear market situation we have to be more careful in choosing altcoins for investment. Make sure to buy altcoins that we really know
and have a good track record of, so as long as we can choose the right coins we can make a profit even in a bear market situation. Buying Bitcoin at
any time will always be profitable, as long as we are patient waiting for the price to recover and go higher. That's why we shouldn't skip buying
Bitcoins, because Bitcoin should always be our priority.

[bonyaserg]

Yes, absolutely now you need to be very careful with investments in cryptocurrency. Since now many coins have not yet reached the bottom. Or it may happen that he bought a coin and the price of the coin fell even more. And in the end it turns out that he lost his money when buying a coin. You need to be very careful when choosing a coin, which will really only grow in price and bring good income.

[cheezcarls]

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.

Technically agree. Most of the altcoins doesn't have the same impact as Bitcoin and Ethereum. For me, they are only good between short to mid term trends.

But if we're talking about long term like years, much better to stick to Bitcoin and Ethereum especially when we are going to do DCA (dollar-cost averaging).

[bounceback]

this is your opinion and we can all think whatever we want based on the conditions and the analysis we do. Maybe you think now is not the right time to buy altcoins because the bear market is not over yet. but in my analysis that now is the right time to buy and invest in altcoins because we can hold on until the bull market comes.

Everyone has different knowledge but I suggest if you buy it right now then buy some of your assets, because the market will probably drop lower because the bear market is still ongoing and so partly to buy at lower prices.

Yes, it is true that each individual has different views when looking at a bear market, there are some people they will continue to make purchases gradually towards potential coins even though the market continues to decline because they believe that every decline is a good momentum to make purchases, but there are also some of them prefer to secure their assets with stablecoins because they do not want to rush into the market with market conditions as is the case today.

[bossofbetting]

Only small-cap altcoins are showing a slight increase (and not for long). I think this is not the bottom of the market and it's too early to buy. I sold most of my portfolio at the beginning of March, fixing a loss of 30%

[fvb]

Don’t think that everything is so bad at the moment, and as soon as free assets appear, get top altcoins. Do not call anyone to anything, as this is a personal choice of everyone. Therefore, I will stick to my personal strategy and good luck to everyone in investing.

[Vaskiy]

In a market with 20k+ cryptocurrencies, it is really tough to find the right altcoins. The risk varies based on the asset over which we invest. Most of the suggestion would be to invest on the leading cryptocurrencies that are popular in the market with increasing partnership and usage preference. There is risk with altcoins and the risk can be lowered based on the way we diversify our investment.

[awik p]

Don’t think that everything is so bad at the moment, and as soon as free assets appear, get top altcoins. Do not call anyone to anything, as this is a personal choice of everyone. Therefore, I will stick to my personal strategy and good luck to everyone in investing.

indeed now is the right time to invest, but we must be able to analyze which altcoins can later provide great hope. no matter where the capital comes from, as long as we can be patient to hold on to the altcoins that we believe in, it will make our hopes come true. actually if we want to manage risk, top altcoins like ethereum and bnb would be good to invest with relatively small risk. so follow the personal analysis for now so you don't regret it later

[Pamadar]

Don’t think that everything is so bad at the moment, and as soon as free assets appear, get top altcoins. Do not call anyone to anything, as this is a personal choice of everyone. Therefore, I will stick to my personal strategy and good luck to everyone in investing.

indeed now is the right time to invest, but we must be able to analyze which altcoins can later provide great hope. no matter where the capital comes from, as long as we can be patient to hold on to the altcoins that we believe in, it will make our hopes come true. actually if we want to manage risk, top altcoins like ethereum and bnb would be good to invest with relatively small risk. so follow the personal analysis for now so you don't regret it later

Very important characteristic of a trader is to always conduct a deeper research with the project that you are eyeing to invest.

With good knowledge, it can extend your strategy to a longer time span while waiting for the coin you hold to rise up,
there's no wrong with your timing as long as you do all the research and you trust the project.

It will bring you a decent amount of profits when the time of bull run starts to dominate the market. It's more on your
analysis that will lead you to successfully dealing with your investment.

[Altryist]

Yes, it is true that each individual has different views when looking at a bear market, there are some people they will continue to make purchases gradually towards potential coins even though the market continues to decline because they believe that every decline is a good momentum to make purchases, but there are also some of them prefer to secure their assets with stablecoins because they do not want to rush into the market with market conditions as is the case today.

There is no better time to buy coins than in a bear market, of course, buying all the coins in a row is very dangerous, but if you understand what you are doing, then everything will be fine. You can stay in stablecoins and wait for the lowest price, but how do you know when that price is? Those who wait will never wait for the best offer, because the constant expectation will lead to the fact that they will buy on the rise.

[Myleschetty]

Yes, it is true that each individual has different views when looking at a bear market, there are some people they will continue to make purchases gradually towards potential coins even though the market continues to decline because they believe that every decline is a good momentum to make purchases, but there are also some of them prefer to secure their assets with stablecoins because they do not want to rush into the market with market conditions as is the case today.

There is no better time to buy coins than in a bear market, of course, buying all the coins in a row is very dangerous, but if you understand what you are doing, then everything will be fine. You can stay in stablecoins and wait for the lowest price, but how do you know when that price is? Those who wait will never wait for the best offer, because the constant expectation will lead to the fact that they will buy on the rise.

I support what you said and I think people are afraid of buying altcoins because they choose hype-based altcoins instead of selecting one or three (depending on their knowledge of portfolio management) best-performing altcoins in the CMC top 20.

[albon]

In a market with 20k+ cryptocurrencies, it is really tough to find the right altcoins. The risk varies based on the asset over which we invest. Most of the suggestion would be to invest on the leading cryptocurrencies that are popular in the market with increasing partnership and usage preference. There is risk with altcoins and the risk can be lowered based on the way we diversify our investment.

Investing in the leading altcoins is safe, but it is not like the profits of investing in a new altcoin project. Each of us needs a lot of time to review everything related to the new altcoin project, and there is a possibility that we will lose all our money, but if this altcoin project is promising and proves its efficiency in the long term, we By investing with a weak capital, we will be able to achieve large amounts of money, not like the profits of the leading altcoins, because the risk is, of course, great, so if we do not have enough experience in hunting new altcoin project, we must retreat from this idea.

[Bhig Daddy]

I share your sentiment that it is still too early for the present bearish trend to terminate. The world has not yet fully recovered from all of the previous issues. The bull trap will always be a possibility. The whale that wants to try to sell their coins shortly may use this as an exit liquidity.
The graph suggests a recovery, but this might be very harmful. The worst thing may just be temporary, and it hasn't yet happened to us.
People need to exercise caution, but I can see that some altcoins are currently outperforming the trend.

[Sayeds56]

In a market with 20k+ cryptocurrencies, it is really tough to find the right altcoins. The risk varies based on the asset over which we invest. Most of the suggestion would be to invest on the leading cryptocurrencies that are popular in the market with increasing partnership and usage preference. There is risk with altcoins and the risk can be lowered based on the way we diversify our investment.

Investing in the leading altcoins is safe, but it is not like the profits of investing in a new altcoin project. Each of us needs a lot of time to review everything related to the new altcoin project, and there is a possibility that we will lose all our money, but if this altcoin project is promising and proves its efficiency in the long term, we By investing with a weak capital, we will be able to achieve large amounts of money, not like the profits of the leading altcoins, because the risk is, of course, great, so if we do not have enough experience in hunting new altcoin project, we must retreat from this idea.

It is right strategy to thoroughly analyze a new project ( 1- Team should be professional with track record of successful projects. 2. The use case of the product which is equally important. 3- Timing to launch the project should be conducive to market it) before you decide to put your hard earned money because you never know how market will accept it when it gets listed hence, risk of investing in new project  is higher compared to already listed.

[Altryist]

It is right strategy to thoroughly analyze a new project ( 1- Team should be professional with track record of successful projects. 2. The use case of the product which is equally important. 3- Timing to launch the project should be conducive to market it) before you decide to put your hard earned money because you never know how market will accept it when it gets listed hence, risk of investing in new project  is higher compared to already listed.

I don't know if it's worth it to deal with new projects, especially now in a bear market. It is better to wait, see how good they will work, whether they will have listings on good exchanges, and if all this will be, only then can think about buying coins this project. And do not worry that you will miss the best time to buy, because most projects simply will not have these listings and growth.

[onecall123]

Why don't we just wait and buy at lower prices while crypto are getting wrecked? Does it seem likely that the situation will worsen? Hell yeah. There has been a call for this for months. The bottom cannot be predicted, but I am awaiting certain price points for DCA. Nothing is guaranteed, but there is a high probability of it happening.

[koang]

Yes, I think this red will last a long time too. Don't waste money guys, be careful. We are going through a very difficult time right now. The price may be heavy, because this year looks a little different than previous years.

Inflation, geopolitics, and macroeconomic factors greatly affect the growth of the crypto market today but the stock market and other investment instruments are also experiencing similar conditions.
But excessive fear will prevent us from making profits in the future, the right time to invest is when the market is bearish.
The current bearish phase is actually good and healthy for the crypto industry, like natural selection, because it shows good and bad crypto projects.