Don't invest Heavily ALT now

[Xal0lex]

I self going to invest in Alts after 2024.

And what is the advantage of this expectation? After 2024, all altcoins will already grow decently compared to the current situation. If you buy the coins of strong projects, it will be before the beginning of the bull season. You should buy on corrections and flat, not on growth, which in 2024, most likely, will already start gaining momentum. It's like if you said in 2020 that you would start buying solana, matic, dot, polygon after 2020, even though you should have bought them before then.

[shinratensei_]

that's a non sense thing. You can even call that if XRP and ethereum have gone from the top 10 CMC. The position will be replaced by a new coin as long as the project doesn't have sustain development progres. It's better if you are taking tron's case. This coin was increasing a lot but since people realized that if tron was a garbage blockchain and they were massively leaving from tron. Your point didn't even make any sense mate. Try to understand the real value from the project that can make it sustain.

[TribalBob]

I self going to invest in Alts after 2024.

if you calculate the 4 year cycle 2024 is the start of a bull run if you buy after 2024 it means you go through a period where everyone is reaping the rewards
for the price of alt now it's quite cheap, don't alt BTC is already very cheap from 2021 yesterday
but that's your decision, we can't force you to invest quickly, let's look for profits together in their respective ways

[Mario Yamasaki]

In my opinion as investors we must have a strong stand and character, do not be too easy to believe in many negative issues or excessive issues, and when investing then make sure that opportunities for loss are also large so we must be wise, if we are afraid then it is better to leave cryptocurrencies .

[glendall]

why after 2024? Isn't that the beginning of a bull run if you look at the cycle?
but I applaud you for making a final opinion on investing after 2024 . I hope you will update your portfolio at the end of December 2023 before 2024 comes,
Honestly, for several months the alt value is not good, the same as BTC which is still unclear god luck for you

[bastian466]

When a bull market occurs many altcoins also follow an uptrend.  if you look at the current price, old popular altcoins are cheap in my opinion, still very worth holding, very suitable for starting long-term investments, just determine the right point to enter and most importantly do not invest in new altcoins, the risk is very high because there are many  research that needs to be done

[Tessyb]

Its always better to invest in alt coin during the bear market. The bull market is the worst time to invest in any coin especially altcoin, so one has to decide which time is best suitable for investing especially as the market is volatile and we never can tell the extent of the dip. The main objective of every investor is profit maximization and that would be achieved with reduced or nil losses.

[TheUltraElite]

Its always better to invest in alt coin during the bear market. The bull market is the worst time to invest in any coin especially altcoin, so one has to decide which time is best suitable for investing especially as the market is volatile and we never can tell the extent of the dip. The main objective of every investor is profit maximization and that would be achieved with reduced or nil losses.

I would say that for stocks buying during the bear is a the better option, but altcoins?

If you are being serious about your money you would stay away from altcoins. The point being that most altcoins that go down during a bear run will always be going down and not going up. So if you want to maximize the profit and do that in crypto, you should go with bitcoin or maybe the top 5 altcoins and nothing else.

I will not say that all altcoins are bad, but most of them are and this has been well confirmed by users who have watched the market for years. To keep your money safe, bitcoin is the safer bet.

[Balmain]

Many trends emerged this year. Nfts, AI projects etc and even in the bear market these projects will become very common but very dangerous until the bullish cycle comes. In the next loop, I think most of the top100 will be swapped. It's actually a good time to research and follow up on good projects. You can keep BTC as your main asset and add small liquidity to projects that make sense.

[Muslimin mj]

I have noticed that every cycle there are giant ALT coins. In the following cycle, the New top 10 is coming. As per the current condition, please be vigilant to invest in BTC.

Most Alts vanish in a bear market, the main reason is no fundamentals.

There are two methods you can invest, 1) RSI Based 2) DCA(dollar cost average)

I self going to invest in Alts after 2024.

There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.

before making a decision to invest, it is certain that we have done further research. because right now is a bad condition for investing. but that doesn't mean we don't invest in alt at this time. and I think now is the right time to invest in altcoins that have good fundamentals. because it can provide greater profits when the bull market comes.

[serjent05]

I self going to invest in Alts after 2024.

There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.

Why wait until 2024 when we can invest in altcoin in a cheaper price today.   Though we might wait longer but investing in the cheapest price possible is a good thing for investors.  Promising projects that is launched during a bear market may have surged by 2024 and we might be late to get in by that time.  If we have the fund and the opportunity of profit opens its windows, we must not delay our action of investing because we might miss this opportunity if we wait longer.

before making a decision to invest, it is certain that we have done further research. because right now is a bad condition for investing. but that doesn't mean we don't invest in alt at this time. and I think now is the right time to invest in altcoins that have good fundamentals. because it can provide greater profits when the bull market comes.

It is already given that we must do thorough research if we wanted to invest in a certain project.  The thing is after all the research is done, we should not delay our actions if our research indicates that the newly created project is promising.

Its always better to invest in alt coin during the bear market. The bull market is the worst time to invest in any coin especially altcoin, so one has to decide which time is best suitable for investing especially as the market is volatile and we never can tell the extent of the dip. The main objective of every investor is profit maximization and that would be achieved with reduced or nil losses.

I agree, bear market offers promising projects at a very huge discount.  We must not wait for these promising project to surge before investing in it.

[Ziskinberg]

Well, it was not new to us OP that during the bear season many shitcoins have died and even some promising coins turn to scams. This is the risk when investing in altcoins and a reason why I barely not hold them during this bearish season as I mostly converted them to Bitcoin for the sake of being safe. If we invested blindly and do not often check our portfolio, sometimes we got surprised that some of our coins have no value. But I see the smart thing to do during the drop is to invest ONLY those coins that we know their capabilities already, not these new chips.

[Maestro75]

Your advice is coming a bit late now. It should have been made from the start of this year because that was when the market started failing us. Am not taking about bitcoin but alts. Altcoins have done poorly this year and has disappointed alot of people. Anybody can say do not buy when the market is down and say buy when it is going up. But that is not how real investors look at it. They want to buy when the tokens are going down. But this year most investors are even scared of buying alts. They do not know when the fall will find a bottom. DCA that you mentioned has also wrecked alot of investors this year who bought thinking it was the bottom and it continued down and they kept buying until their capital is stuck and depleted.

[irhact]

I have noticed that every cycle there are giant ALT coins. In the following cycle, the New top 10 is coming. As per the current condition, please be vigilant to invest in BTC.

Most Alts vanish in a bear market, the main reason is no fundamentals

You are not lying but do understand that if you were to profit from the altcoins market, it's best you get them when they're cheap. Buying in 2024 as you suggested might get you buying when they have already regain some price lost due to the bear market. You just have to be smart in your selection and avoid coins that were just hyped or shit coins in general. An example is avoid all the INU coins that got launched after the success of Shiba INU, all those coins would die because they're only surviving on hype and no real products.
Next is to get the coins that have utility and hold coins like Ethereum and Binance coin, you can buy others when you feel the bear has ended but get some in the bear as this coins returning to their previous all time high or getting close could give some nice profit before the bull market begin.

[wxa7115]

Your advice is coming a bit late now. It should have been made from the start of this year because that was when the market started failing us. Am not taking about bitcoin but alts. Altcoins have done poorly this year and has disappointed alot of people. Anybody can say do not buy when the market is down and say buy when it is going up. But that is not how real investors look at it. They want to buy when the tokens are going down. But this year most investors are even scared of buying alts. They do not know when the fall will find a bottom. DCA that you mentioned has also wrecked alot of investors this year who bought thinking it was the bottom and it continued down and they kept buying until their capital is stuck and depleted.

Except for a very reduced number of altcoins which have strong fundamentals and that it makes sense to buy even now, like it is the case of ethereum, the rest of the altcoins in the market should never be bought during a bear market precisely because of the reason you mentioned.

However even if it is late I think it still makes sense that people are reminded of something like this, so they can protect their remaining capital or they can avoid making the costly mistake of investing in shitcoins now when no one is interested in speculating with them at the moment.

[Tony116]

I self going to invest in Alts after 2024.

There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.

Why wait until 2024 when we can invest in altcoin in a cheaper price today.   Though we might wait longer but investing in the cheapest price possible is a good thing for investors.  Promising projects that is launched during a bear market may have surged by 2024 and we might be late to get in by that time.  If we have the fund and the opportunity of profit opens its windows, we must not delay our action of investing because we might miss this opportunity if we wait longer.

He has his reasons, apart from Ethereum and BNB, I can tell you all altcoins although they have potential and are highly discounted but all are risky and will probably never recover come back. Looking at the altcoins of the previous bear cycles, many altcoins have not been able to recover and grow again and other new altcoins will come and replace them, the cycles of altcoins are really short, they are not like bitcoin. I believe the next bull season will have some of the top altcoins replaced by newer and better ones.

[danherbias07]

2024 is way far.
For those who are in a rush this year or the next year that will be a long time to wait.
Especially now, when they are saving themselves from inflation and want to invest their money instead of wasting it on things that are unnecessary.
IMO, it's better now because of the cheap price after the dump. The only thing that I am worried about is if another dump will come.
It's not being impatient but more on maximizing the good deals that might not come again.

[judaspriest]

I have noticed that every cycle there are giant ALT coins. In the following cycle, the New top 10 is coming. As per the current condition, please be vigilant to invest in BTC.

Most Alts vanish in a bear market, the main reason is no fundamentals.

There are two methods you can invest, 1) RSI Based 2) DCA(dollar cost average)

I self going to invest in Alts after 2024.

There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.

the point is not to be easily influenced by fomo, continue to do extra research before deciding to invest in coins that are believed to have potential in the future.  if you look at the advantages of trying to invest in a new project it can be very profitable if the project becomes successful, but behind it all there will be a fatal risk because the coins that are launched will be forfeited and simply lost because they are not ready to face a bear market

Especially for beginners who sometimes they are affected by FOMO,
With the current market conditions, I think it's a bit difficult to find a new project that is really of good quality and has potential,
the most important thing before investing make sure we have done research first

[Jackl87]

I have noticed that every cycle there are giant ALT coins. In the following cycle, the New top 10 is coming. As per the current condition, please be vigilant to invest in BTC.
Most Alts vanish in a bear market, the main reason is no fundamentals.

While it is true that the top 10 in terms of marketcap looks completely different now than 5 years ago or so i would not agree that it completely changes every bear/bull cycle. If i would had to bet now then i would say that projects like Ethereum, BNB and Solana will probably still be in the top 10 in 2 years from now. Solana could also fall out because there are other layer 1 solutions coming up with Radix and Aptos for example that could dethrone Solana in terms of transaction speed and low transfer costs.
I also don't think that any of those projects that are in the top 20 or even top 50 at the moment will vanish in a bear market because nowadays the crypto market is so mature already that all those top 50 projects are at least multi-million dollar projects.

[ethereumhunter]

I have noticed that every cycle there are giant ALT coins. In the following cycle, the New top 10 is coming. As per the current condition, please be vigilant to invest in BTC.

Most Alts vanish in a bear market, the main reason is no fundamentals.

There are two methods you can invest, 1) RSI Based 2) DCA(dollar cost average)

I self going to invest in Alts after 2024.

There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.

Actually, it's okay if you want to invest in altcoins but you have to be very careful because we don't know what happens to the coins we buy. During this bear market, many altcoins will reset again and only altcoins that can truly provide benefits to investors can survive and bounce back into the bull market. For coins that have potential, you can do DCA as @OP mentioned. But still, we have to be careful in investing in crypto.

Maybe next year, the trend will change with a new one and usually, if one or several projects can explode in the next year, it will trigger the trend to come more quickly. So get ready for his arrival and try to find more information to choose the project.