Mpamaegbu
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August 15, 2022, 11:44:23 AM |
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It's still not a good time to invest in altcoins, I think you should continue to stay away from altcoins and focus on bitcoin during this period.
I don't think you're right with that approach. Most altcoins have shed off over 85% of their prices and you still think now isn't a right time to buy? Take for instance a token like BSCPad that had an ATH of $7+ last year is currently sitting at less than $0.2 or Gzone that went as high as $1.18 is trading today at less than $0.03 and you're saying time isn't ripe to buy now? This dip cuts across nearly all cryptos on the market and so affords anyone a right entry position. I think OP should just make his pick from the top listed cryptos on the market app and pick those that appeal to their fancy now.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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Coyster
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August 15, 2022, 01:01:19 PM |
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I have been away from the altcoin market since the beginning of the bear market, but at the moment I have some spear money to fill my altcoin bag and I am looking for the best coin in the market worthy of. my investment at this moment? Am also looking for a coin that has a good use case and serves as a utility token to a project with a large community of supporters.
I don't really know about you but imo when you talk about a coin with utility/use case, the only coin that comes to mind is Bitcoin, i basically do not consider altcoins in this regard, i might be wrong, but from my research and understanding it is hard to find a coin with an actual utility outside of it being Bitcoin. Since you want to fill your bags with altcoin, that means you're planning to buy quite a lot of them, i for one wouldn't do that, altcoins are mainly pump and dump coins with no utility, thus risking quite a lot of my money on many of them is too much of a risk; having said that, it is your money, thus your decision, but mind you that altcoins are short term projects, so you'd have to be careful so you don't hold coins for too long, till you turn into a bagholder.
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RussiaUkraineTranslation
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August 15, 2022, 01:40:38 PM |
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I don't invest in coins because of their hype or because other people are buying them or their marketcap or 24 hour price movements. I buy projects with fundamentals and that's why I like HBAR and MAXX finance. Both of these projects are preparing to launch staking and I think they will be quite profitable.
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yurez
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August 15, 2022, 02:04:56 PM |
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I have been away from the altcoin market since the beginning of the bear market, but at the moment I have some spear money to fill my altcoin bag and I am looking for the best coin in the market worthy of. my investment at this moment?
There are a huge number of digital currencies on the crypto market and choosing the best altcoins for investment is a very difficult task. In addition to the altcoin, you also need to choose a good exchange with the lowest fees. In my opinion, now is not a good time to invest in crypto, since the crypto winter is still in full swing and the crypto market has not yet reached its minimum values. I'm not going to give you any advice for investing right now.
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bonyaserg
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August 15, 2022, 02:36:18 PM |
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At the moment, I believe that there are a lot of promising altcoins. But at the moment, the cryptocurrency market is not predictable and requires a lot of attention. And for further investment in altcoins, you need to wait a bit for this situation on the market. In order to be completely sure where to invest in the future.
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xSkylarx
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August 15, 2022, 08:16:04 PM |
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Ethereum is the best choice for me now. It has a large communithy because many cryptos are utilizing its network. And with the upcoming merge that it becomes a POS type of cryptocurrency, I believe that its price will increase after the event. More people will invest to ETH because it won't require anymore some mining rigs to contribute to the blockchain. There is even a speculation that it will surpass bitcoin in terms of marketcap in the near future.
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Xeon
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August 21, 2022, 06:23:40 PM |
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I have been away from the altcoin market since the beginning of the bear market, but at the moment I have some spear money to fill my altcoin bag and I am looking for the best coin in the market worthy of. my investment at this moment? Am also looking for a coin that has a good use case and serves as a utility token to a project with a large community of supporters.
The only altcoins that have the safest investment right now are ETH because they are currently at hype with their latest development. But you need to consider not to jump to invest without making research about it. Depends on how the market will respond but when it comes to this project, I'm sure that it will have positive results. Normally people will gonna rush to invest right away because they have high hopes for the Ethereum network and the ETH price will surely increase after that. I do agree that ETH has a good potential because it is actually getting something better developed for it. I mean sure maybe BNB could improve as well, we do not know what they end up working on and when they are working on it and so forth. Long story short it would be a smart decision to just keep working on what we have right now which is ETH development, we do not know any others and what they are doing so we are not going to end up making anything like that work at all. Personally I feel like the best thing to do would be making some changes based on which project has the biggest potential and ETH has the biggest one right now and it is also second ranked so it is definitely a trustworthy one.
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capedbaldy
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August 21, 2022, 11:46:20 PM |
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Don't make too complicated decisions. like wanting to invest in crypto for me to buy bitcoin, ethereum, BNB this is already good for the future that will come. indeed everyone has big ambitions to get big profits, but we have to face the risks. what he is facing is not necessarily going to bring us success, wait for bitcoin a little more to the bottom and buy
Many people invest in new coins to get quick profits without considering the risks, but since bear market there is no significant upside impact for new coins then you should avoid investing in new projects and suggest buying top altcoins at current low prices for long term profits, during the price recovery phase there is more profit from top coins for BTC, ETH and BNB.
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StormHawk
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August 22, 2022, 03:22:04 PM |
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It's still not a good time to invest in altcoins, I think you should continue to stay away from altcoins and focus on bitcoin during this period.
I don't think you're right with that approach. Most altcoins have shed off over 85% of their prices and you still think now isn't a right time to buy? Take for instance a token like BSCPad that had an ATH of $7+ last year is currently sitting at less than $0.2 or Gzone that went as high as $1.18 is trading today at less than $0.03 and you're saying time isn't ripe to buy now? This dip cuts across nearly all cryptos on the market and so affords anyone a right entry position. I think OP should just make his pick from the top listed cryptos on the market app and pick those that appeal to their fancy now. Thanks for this thoughtful advice, its what I have been telling my people but they ou care about 10k per BTC, if big altcoins have already lose 80 to 90% of their value what else can a man dream of? PYR for example was 40$ months ago and its 3+$ right now, if this isn't a good price then what is? 1$ per token?.
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Pamadar
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August 22, 2022, 03:41:51 PM |
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Don't make too complicated decisions. like wanting to invest in crypto for me to buy bitcoin, ethereum, BNB this is already good for the future that will come. indeed everyone has big ambitions to get big profits, but we have to face the risks. what he is facing is not necessarily going to bring us success, wait for bitcoin a little more to the bottom and buy
Many people invest in new coins to get quick profits without considering the risks, but since bear market there is no significant upside impact for new coins then you should avoid investing in new projects and suggest buying top altcoins at current low prices for long term profits, during the price recovery phase there is more profit from top coins for BTC, ETH and BNB. Bear season can't make pumping up new coins too difficult. So what investors have to do is be patient with the current conditions. bitcoin is also still in a period of falling prices which many people say can touch the price of 10k or 12k but for beginners they will panic what is happening now, the portfolio is minus without knowing the current situation. it has become a risk in the responsibility of each. Without deeper understanding and a proper knowledge about the situation, newcomer will simply sell and let there investment to lose, it's difficult to see how your money getting lesser each time you check your portfolio. That's the reason why before investing you need to prepare not just your financial but more on mental as the market can quickly push you to decide to wrong decision making when bearish sentiment dominates,.
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TribalBob
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August 22, 2022, 05:14:36 PM |
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I don't think it's the right time to enter the altcoin market, but for reference I can only give advice to eth, where in my opinion eth has sufficient utility good value, and BNB can also be used as an investment with a fairly large community. all back to your choice good luck
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Piesel
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August 22, 2022, 05:29:46 PM |
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Buy more Bitcoin, instead of risking your money on altcoins the entire cryptocurrency market is down and altcoin is the worst hit so buying altcoin in the present market conditions is too much of a risk I will advise you to avoid it.
But then if you are familiar with the ethereum market there is also less volatility in the market and can give good profits and when the market picks up, you need a lot of patience to do that.
Ordinarily, both Bitcoin and ethereum are the only coins I will advise anyone to hold.
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Ureung jameun
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August 22, 2022, 06:10:35 PM |
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I have been away from the altcoin market since the beginning of the bear market, but at the moment I have some spear money to fill my altcoin bag and I am looking for the best coin in the market worthy of. my investment at this moment? Am also looking for a coin that has a good use case and serves as a utility token to a project with a large community of supporters.
my advice if you want to invest in altcoins then it's a good idea to do your own analysis by looking for information from various sources because it can help to convince you to invest in them. but if you need advice then I would like to advise you to invest in some altcoins such as Ethereum, Cardano and Polkadot, because I believe these coins will provide high profits in the future.
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Mpamaegbu
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August 23, 2022, 05:17:26 AM |
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~snipped~
PYR for example was 40$ months ago and its 3+$ right now, if this isn't a good price then what is? 1$ per token?. Even if it gets to that $1 level, I bet you those ones won't still buy. They will think it's its death price. When price dips like that, it's a better entry for me. Sadly it gets people scared of buying in and they will turn their attention to Bitcoin to see if it will crumble further. Bitcoin has given its discount already but scary investors are still expecting more. If anyone trusts in the utility of whatever crypto (Bitcoin or alts) they want to buy, they should take the chance and buy once it affords them that opportunity. Nobody truly knows where the bottom is while price in active.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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Pamadar
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August 24, 2022, 02:08:07 PM |
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Buy more Bitcoin, instead of risking your money on altcoins the entire cryptocurrency market is down and altcoin is the worst hit so buying altcoin in the present market conditions is too much of a risk I will advise you to avoid it.
But then if you are familiar with the ethereum market there is also less volatility in the market and can give good profits and when the market picks up, you need a lot of patience to do that.
Ordinarily, both Bitcoin and ethereum are the only coins I will advise anyone to hold.
You need lots of patience both for bitcoin and other alternative coins that you'll going to invest your money. It depends on how well you follow the developers and how you see the future of the coin. It's not easy, but if you are keen to understand the situation, you may succeed in picking the right coin and earn from your investment. Don't hesitate when you are done with your research. It will take some time, but if you are holding solid asset, there's always a good bounce back for you.
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Rengga Jati
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August 24, 2022, 11:30:28 PM |
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If I intend to invest in altcoins, then only the at least top-tier coins will fill my bag. In this case, investing in altcoins will be more risky than in Bitcoin. Moreover, we still don't know exactly whether these altcoins will continue to survive or will fall down even though they are already bullish in the future. Very potent altcoins can be seen from the list on coinmarketcap or CoinGecko But in my opinion, ETH and BNB should be two of the investments in these altcoins.
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agustina2
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August 24, 2022, 11:40:54 PM |
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I have been away from the altcoin market since the beginning of the bear market, but at the moment I have some spear money to fill my altcoin bag and I am looking for the best coin in the market worthy of. my investment at this moment? Am also looking for a coin that has a good use case and serves as a utility token to a project with a large community of supporters.
Are you sure you want to refer to our portfolio list? What if you will end up losing following us? Will you blame us? To name a few, here are some of my watchlists, GALA, SOL, and AVAX. These are on top of my top coins list, BTC and BNB. It's hard to give advice and suggestions on your last question. We can't even determine how large the supporter is of a certain project.
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tobi4255
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August 25, 2022, 03:12:18 AM |
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I have been away from the altcoin market since the beginning of the bear market, but at the moment I have some spear money to fill my altcoin bag and I am looking for the best coin in the market worthy of. my investment at this moment? Am also looking for a coin that has a good use case and serves as a utility token to a project with a large community of supporters.
You should check out Oasis Network. $ROSE is the native token of the Oasis Network. ROSE token is used for transaction fees, staking, and delegation. You can buy nfts on Oasis based nft marketplace by using ROSE tokens.
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minairia3
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August 25, 2022, 04:03:05 AM |
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I have been away from the altcoin market since the beginning of the bear market, but at the moment I have some spear money to fill my altcoin bag and I am looking for the best coin in the market worthy of. my investment at this moment? Am also looking for a coin that has a good use case and serves as a utility token to a project with a large community of supporters.
Are you sure you want to refer to our portfolio list? What if you will end up losing following us? Will you blame us? To name a few, here are some of my watchlists, GALA, SOL, and AVAX. These are on top of my top coins list, BTC and BNB. It's hard to give advice and suggestions on your last question. We can't even determine how large the supporter is of a certain project. The best advice for OP is to find the top coins on CMC, those are the coins that are considered to have a strong community, usecase…. Everyone has different tastes and preferences so it is difficult to give advice, I prefer to be safe than take risks for profit during this bear season. So most of my choices other than BTC, for altcoins are ETH and BNB. I also have a small portfolio, I call it a super risk portfolio, which includes low cap, doge and shiba projects. This is the amount that I identified the loss from the beginning when deciding to invest.
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jeha2015
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August 25, 2022, 04:07:49 AM |
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If I intend to invest in altcoins, then only the at least top-tier coins will fill my bag. In this case, investing in altcoins will be more risky than in Bitcoin. Moreover, we still don't know exactly whether these altcoins will continue to survive or will fall down even though they are already bullish in the future. Very potent altcoins can be seen from the list on coinmarketcap or CoinGecko But in my opinion, ETH and BNB should be two of the investments in these altcoins.
eth and bnb were top smartcontract platform with huge ecosystem inside, demand from this ecosystem will drive price stable or even rising for long term. project with good utility in their ecosystem were worthed to buy and hold for long term, from this utility side bnb and eth filled this requirment . this is why eth and bnb could survive for long term and even every alot interested developtment released by dev team. if any new project have same condition with eth or bnb, maybe we should buy it.
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