Don't invest Heavily ALT now

[GreatArkansas]

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.

This is why Bitcoin is very important in your bags. OGs are aware of this, and it is already proven by time, as time goes by there are a lot of haters with altcoins because they already experienced a lot of things with altcoins and the Bitcoin market along the way.
No problem of buying altcoins, just be careful because if a lot of altcoins are just good in the beginning.

[Yatsan]

Sorry to break this to you, 80% of my money is going for altcoins because I want more returns, the problem is finding those gems that can give you 20x to 100x in a bull market, find them and you will make money, as for BTC I only expect 5x from the project in next bull market.

Good for you then but as far as I observe, OP has a point. AThere are many altcoins in this industry and choosing the 'right' ones is not that easy;luck would also be a factor. If you are making profit from investing most of your capital to altcoins, then that's good, but at this moment, big names I guess would be able to come out alive of this bear market. Most of the altcoins have low market volume which makes it best for short term investments. For long runs, established demand,and volume will be the key player to generate profit at the end of the day and this 'movement' for sure.

[Ayers]

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.

investing in real altcoins is no longer a matter of being careful, you have to be willing to accept losses when investing in them. what OP said is not wrong, even the top altcoins will very easily be replaced by new ones or they will never be able to recover to their original levels. the past has shown us many times so always be careful, history can repeat itself and does not change. i think in a bad market like this, only bitcoin is the coin that deserves DCA the most, in addition atlcoins should only invest a small amount of capital and should not DCA

[Flexystar]

That is a very vague timeline without any formal justification as to why we should be choosing that year or date. There is no way we could predict the timeline just like that. Right now market is so volatile and on top of that it’s in bearish while furthermore we are heading towards uncertain recession. All these factors are going to impact the whole ecosystem of Altcoins and could put them state of stagnancy where it could be hard to sell any coin at desired limited market. Let’s just hope that investments will continue to grow in the right direction.

[strunberg]

Invest Altcoins are always risky, and after cases that occur with Luna I do not dare to sell assets for investment altcoins or bitcoin, especially global economic predictions that will experience long recession so that it will affect the performance of cryptocurrencies so that it is better to invest with the value we consider lost.

Ther's no risk free investment. Investment is always involving the risk. If people were investing during the bearish market and they do know the pros and cons by taking the risk to invest in the crypto during the bearish market. The smart people will always be using the current situation as a way to make money from the market. People know the risk and that's why the were taking the decision to invest in alt

Crypto investment is always risky no matter what the market situation is. We might fear the bearish season and have doubts about buying altcoins but things will depend on our choice of coins. If we'll choose high-potential altcoins then we could manage the risks. Every market condition is actually an open opportunity either to buy or to sell. For me, it's still good to buy altcoins this season as a preparation for the bullish trend in the future. We only have to pick wisely so we'll never fall into scam projects.

current bearish trend Will ended soon , i am not believe this trend Will run for long time till 2024, maybe 1st quartet we Will see our Investment Will get good return. Bearish trend was good moment to accumulate top coins, it Will recover faster than else.rich people create on bearish market ,i am believe with quote .

[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.

investing in real altcoins is no longer a matter of being careful, you have to be willing to accept losses when investing in them. what OP said is not wrong, even the top altcoins will very easily be replaced by new ones or they will never be able to recover to their original levels. the past has shown us many times so always be careful, history can repeat itself and does not change. i think in a bad market like this, only bitcoin is the coin that deserves DCA the most, in addition atlcoins should only invest a small amount of capital and should not DCA

What you said is true. This makes it difficult for us to find and buy new coins later because so many altcoins are trying to reach the top position. And it has been proven for a long time because before or after the halving occurs, the position of the altcoin will change and new coins can fill the top position. And it's true, and if we want to do DCA, we can try it on bitcoin because bitcoin will give us the opportunity to get big returns in the future. Maybe altcoins can provide that opportunity but of the many altcoins, we will find it difficult to find.

[Fredomago]

investing in 2024 is foolish decision you could never get as good entry as currently, the value is heavily discounted already, you would never encounter such value again in 2024 since once the recession settles the investments gonna recover really fast so making investments around these moments seems like way better decision than your strategy.

We never know though, the chance for crypto to bounce back is really anticipated but in terms of economic bounce back that's really a question that will affect the whole world's economy, if there's good news that will take place and the trust coming from wide investors begins to show up then your argument is valid while if they're still doubt that may take place and greed from more big investors continue, we might see more falling price not just with crypto but more on the reflections from the stocks outside.

There's always a connection since it's about the money movement and how the business community will be moved by the market situations.

[TastyChillySauce00]

Since the market continues to decline and starts in December 2021, I don't dare to invest with great grades, I loses because it's too long to hold and does not sell when there is a warning from Coinbase that the daily market drop is more than 5% within 3 days in a row so that For now I only play investment with potential coins.

It seems like that this time people are taking the potential coins as their long term investment. I meant if you must also aware about that potential coins give less risk compared with alts which have low valuation or potential. The chance to make profit is even less compared with altcoin with less potential but i do agree with you if these days taking the potential investment far better rather than getting scammed by investing in the non potential coins.

[bounceback]

-snip-

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.

Yes, it looks like the Web3 project will continue to be present and develop in the following years because it is popular right now so it is not impossible that some of them will replace the old coins that are in the top 10 altcoins, but even though it may happen, it doesn't mean we shouldn't invest with the top altcoins before entering the year 2024 because basically the purpose of investing is to make a profit and we can do it whenever there is an opportunity.

[Yamifoud]

When LUNA collapsed, there was a lot of news that said many people were stressed, crazy and some even committed suicide, most of them were big investors who lost millions of dollars, initially they invested by selling assets such as land, houses and even debts in banks, and from this moment then it should be a lesson that do not invest with fantastic value especially by selling assets.

Well, many investors ended up losing from this project, especially those new investors but never I heard of someone committing suicide.
This will show how risky is investing crypto but yes, it was too risky if you never know what you are doing and investing without research. In this bear season, we must be careful choosing altcoins, not only because of scam issues but for the reason because many of these projects are hard to recover. And this is pretty hard for impatient people as instead of waiting for the recovery, panic selling may come and lose.

[TheUltraElite]

To succeed in becoming an investor in Cryptocurrencies, of course, has a strong financial, many people think that when buying then a day, or a week the price will rise and profit, when they wait and the price continues to decline they panic so that it sells at a low price, the key to investment success in Cryptocurrencies is buying and thinking that what we buy will be lost because of loss.

What the OP said, is based on a lot of speculation, whether web3 becomes something big or ends up being only a buzzword would be worth checking in real.

This might encourage a lot of people to buy shitcoins without any logic which is again bad for their portfolios. After that they will try to sell without knowing why they bought and this cycle ends up draining money.

No wonder people keep losing their faith in altcoins. Compared to that Bitcoin is a way better choice of investment. Why think about what happens in 2024 when you can buy Bitcoin at low price right now?

[jaberwock]

-snip-
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.

Yes, it looks like the Web3 project will continue to be present and develop in the following years because it is popular right now so it is not impossible that some of them will replace the old coins that are in the top 10 altcoins, but even though it may happen, it doesn't mean we shouldn't invest with the top altcoins before entering the year 2024 because basically the purpose of investing is to make a profit and we can do it whenever there is an opportunity.

Yes they will because I don't see much of them right now. My guess is they are still too early and many people are not fond of using them. I tried a couple of them but I feel the laggings. They are still slow and needs more improvement.

I've seen an old coin that adds metaverse on them and other new stuffs so I am thinking that it's also possible for them to add web3. They need to work like that because if not then they will be defeated by the new projects which focus are new trends but there will be an old top coins that can deteriorate overtime and will be replaced by the newer projects because not all simply have the ability to improve.

[NicNacCoin]

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.

You are right but there are some ALT coins that you will not have any fulfillment in investing.Like Ethereum, BNB, SOL, there are some such coins, if you don't buy all these coins, you don't need to take much risk.If the Bitcoin market is good, all these coins will be good by themselves.Again apart from all these coins but ALT coin can be considered.In current situation all these coins market is very low but you can buy from this dumping market and make long term investment.

[JahriMeayer]

That's a good advice but existence potential altcoins will never disappointed you. agreed that, new top10 is coming but waiting till 2024, that's very long time and not sure! While ether, bnb offers themself with cheap. Many more brand new web3, metaverse coins may come but potential coins will less by number among them. Even in 2024, ether, bnb and others potential coins would have increased heavily then if bull run occurred

[harizen]

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

It all depended on our own factors. There are lots of "what if" in the process.

We all know that for new projects to somehow expect a good startup, the market should also be on a positive trend or in a bullish way.

Well then, that's your analysis though and if you think that's the better action to do now, keep it that way.

[Pelana vreo]

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.

2024 is the year when the Bitcoin Halving will occur, the old Altcoins still exist today, let's call it Dogecoin, this memecoin is in interest even though it doesn't have fundamentals like Ethereum, but has a large community and this causes this coin to survive to this day.

For example new projects that offer Web3 like APTOS, are gaining a lot of trust from investors because the team behind APTOS are Libra developers, I'm happy to see this progress, because when the market is bearish, there are new projects that can make a difference.

[CuriousGeorge]

That's a good advice but existence potential altcoins will never disappointed you. agreed that, new top10 is coming but waiting till 2024, that's very long time and not sure! While ether, bnb offers themself with cheap. Many more brand new web3, metaverse coins may come but potential coins will less by number among them. Even in 2024, ether, bnb and others potential coins would have increased heavily then if bull run occurred

Everything can change several times in a year.What I am sure of is that the list of the first five coins will definitely not change and will remain the same, I do not think that a new product will appear in a year that will be able to displace old projects.

There's no guarantee for such thing to happen but as far as i can see if the old project is not doing so good in the development of tech. I meant they were rarely creating an innovation compared with the new project that was heavlly coming to the market. that makes people less interested with them and they were starting to be replaced with the new token in the market. Investing in the low cap token is good enough.

[iv4n]

That's a good advice but existence potential altcoins will never disappointed you. agreed that, new top10 is coming but waiting till 2024, that's very long time and not sure! While ether, bnb offers themself with cheap. Many more brand new web3, metaverse coins may come but potential coins will less by number among them. Even in 2024, ether, bnb and others potential coins would have increased heavily then if bull run occurred

Everything can change several times in a year.What I am sure of is that the list of the first five coins will definitely not change and will remain the same, I do not think that a new product will appear in a year that will be able to displace old projects.

There's no guarantee for such thing to happen but as far as i can see if the old project is not doing so good in the development of tech. I meant they were rarely creating an innovation compared with the new project that was heavlly coming to the market. that makes people less interested with them and they were starting to be replaced with the new token in the market. Investing in the low cap token is good enough.

But many new projects are doomed to fail, simply because they have ideas and big words, but there's no product behind, something that is working or will start working in some near future. While some "old ones" are holding pretty well even in these bearish times, it's because they deliver what they promised and they are working fine! 

Investing heavily is OK if you are heavy! Simple as that! People shouldn't go over their heads if they are not completely sure what they are doing, and if they are not aware of the possible consequences if things go wrong... and things can go wrong in seconds when you don't expect it!

[Japinat]

AI projects are the worst of them all, they never survived since many years ago because no one needs any AI use cases, its a dream that never come to past, instead focus of MetaVerse and Play to earn games, also I think its wrong to stay till 2024 before buying alts, you are simply betting on the fact that BTC may go lower, you will be shocked how fast BTC can recover.

And it is still 2022, we still have 14 months+ to go before the year 2024 arrives and there's a lot could happen in that span. I don't know where did the OP got that idea but surely it could be misinterpreted by the beginners if they will read this. Let's stick on what we have right now and take advantage of it as much as we could, we don't really know what lies ahead, so there's really no use to be that negative.

[btc_angela]

AI projects are the worst of them all, they never survived since many years ago because no one needs any AI use cases, its a dream that never come to past, instead focus of MetaVerse and Play to earn games, also I think its wrong to stay till 2024 before buying alts, you are simply betting on the fact that BTC may go lower, you will be shocked how fast BTC can recover.

And it is still 2022, we still have 14 months+ to go before the year 2024 arrives and there's a lot could happen in that span. I don't know where did the OP got that idea but surely it could be misinterpreted by the beginners if they will read this. Let's stick on what we have right now and take advantage of it as much as we could, we don't really know what lies ahead, so there's really no use to be that negative.

Yeah,, maybe the OP just wanted to share his opinion or what, nevertheless the bear market is still very long and there are a lot of things that can happen, some altcoins might die along the way, but there could be some that will stick thru thick and thin in this bear market and survived and then have a massive bull run in 2024.

So it's better to just take advantage of this bear market, invest on altcoins that you know will have a promising success in the the future, and just put enough money that you are willing to invest and lose.