Don't invest Heavily ALT now

[serjent05]

I self going to invest in Alts after 2024.

Yeah right, invest in a market when it is surging.  I think the cryptocurrency market is surging on after 2024.  If we don't invest  now, we are missing a lot because during this bear market, prices of cryptocurrency is plummeting, the right moment to get in in any investment venture.

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.

I think we are in the same page that itis much better to invest now because of the bear market than after 2024 when the bull market is dominating.  @OP's idea is flawed because it looks like an idea of "buying high selling low" low thing because if we buy on 2024 when price is surging, the next phase would be a price crash due to bear market  and we don't want to sell at a loss do we?  So I guess it isn't good to follow @OP's idea.

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[erep]

I think we are in the same page that itis much better to invest now because of the bear market than after 2024 when the bull market is dominating.  @OP's idea is flawed because it looks like an idea of "buying high selling low" low thing because if we buy on 2024 when price is surging, the next phase would be a price crash due to bear market  and we don't want to sell at a loss do we?  So I guess it isn't good to follow @OP's idea.

The OP published a mistake in investing because when the current bear market is signaling it is very appropriate to add a top coin to the portfolio, so the current phase of the downturn is almost near the $17k low after the last ATH and we can buy top coins in this area for long term investment purposes. The op should review the historical price movement chart every year because every bullish or ATH has been passed, make sure the correction area and potential for a bear market in the future.

[nurilham]

We cannot deny that many altcoins will be died and failed during this bearish market. even though they can survive and pass this bear market, most of them cannot reach the previous ATH. This is only for those shit coins. I know that there are also some good altcoins that have potential highly for the next bullish era. But, there is no guarantee. ANd investing in altcoins is much riskier than Bitcoin. That is why, why should risk more to altcoins if there is a much better investment in Bitcoin

[posi]

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.

Yes, Aptos is grabbing everyone's attention in the market and i have tried APT have to say it's a lot faster and smoother than solana. This is considered a rival of solana and I believe it will soon surpass solana in the next bull season, currently we have another notable project like Aptos which is the Sui project. I believe these two factors will create something new in the market during the upcoming bull season and they will most likely replace some old projects. Investing in altcoins whether new or old is always risky, there are no guarantees here so we need to be very cautious because bear season has not ended soon, we should not be subjective.

[Nazmul012]

Obviously, the market Isn’t suitable for investment anymore. Now it is necessary  to recheck everything before taking step. Most of so call altcoins will die cause investors sold those out for avoiding unexpected downfall and waiting for dip with that fund. Now Topcoins are also complex for investment cause they are also going below since last werk but theres no worries for long period investors. And if you already bought what you need,  then its okey for planning investment later

[CuriousGeorge]

I self going to invest in Alts after 2024.

Everyone has their own view of the crypto market and their choice of time to invest. In my opinion, a good time to buy altcoins will come in the coming weeks. All that remains is to analyze several altcoins and choose the best ones.

It's still unpredictable for now. I would say that if crypto market was still in a very bad thing this time. The fact that if crypto was facing a huge problem when it comes to the hike rates. it seems like FED was making another decision that was affecting the global market again,
Im not even feeling doubt if investing heavily in alts for this time may be a good or bad choice. This depends on how people are taking it.

[Wong Gendheng]

The thing we must understand that investment is always at risk including cryptocurrencies, moreover we know that cryptocurrencies are investments like roller coasters so that do not ever invest with money in large sizes, better relaxed and investing only money we usually consider lost.

[tvplus006]

... ANd investing in altcoins is much riskier than Bitcoin. That is why, why should risk more to altcoins if there is a much better investment in Bitcoin

Altcoins are also different, for example, ETH and BNB in this bear market look as attractive as BTC and they do not need to be put on a par with shitcoins. As for the risks, it is a well-known fact that the higher the risk, the higher the profit. Accordingly, if you have the financial opportunity to take risks, then you need to use it.

[NewRanger]

... ANd investing in altcoins is much riskier than Bitcoin. That is why, why should risk more to altcoins if there is a much better investment in Bitcoin

Altcoins are also different, for example, ETH and BNB in this bear market look as attractive as BTC and they do not need to be put on a par with shitcoins. As for the risks, it is a well-known fact that the higher the risk, the higher the profit. Accordingly, if you have the financial opportunity to take risks, then you need to use it.

for those courage taking risk , actually they deserve to get huge profit in future. Alot investors come to crypto market due this reason , they buying bitcoin altcoin or even shitcoin just to get profits. Risk will occur in every investment not only crypto market but due this risk we could free from poverty. Maybe if accumulate some altcoin , in next 6 months we will gain alot profits.

[KennyR]

More number of altcoins gets away from the market during the bear market. This happens, because the market won't have much of investors. Majority will prefer the altcoins that already holds good Proof of history.

It is always good to have investment on altcoins as the market will progress along with bitcoin for sure. Here, it is to be noted, in which coin we're making the investment. Some get lucky and the same won't be the case with everyone.

Investing on altcoins is good and the same needs to be done at some time intervals and with specific amount of fund than just making a big investment at a single shot.

[Luffygroove]

I agree that the market is not too enthusiastic right now, but I also think that there is opportunity in any crisis. Of doubt, the risk of investing in alternative assets is greater during a bear market, but the lucky few who seize the opportunity will come out on top. Whether you are a high-risk taker, a moderate-risk taker, or a low-risk taker who prefers to wait for the bull market before investing, the decision is ultimately yours. In my opinion, the ideal strategy for this time of year is short-term trading.

[john1010]

I partly disagree with that, because not all alts are in a bad shape, there are a lot of good reasons to invest in alts especially today that all alts in a deep trend, but of course with to be cautious in our investment, it is a good timing to onvest in alts if you really know what to do, always DYOR and the most important is, "Invest what you can afford to lose.

[ringgo96]

Since the popularity of the crypto world has grown greatly, we as crypto users always see that at any time there will be new coins present, but every coin present can all develop because the market competition is very large and only coins managed by an active team can develop and survive in times of market conditions like today, and as you said now there are very many coins lost in the crypto market because there are no fundamentals so they can't survive, and to invest at this time of course the risk is very large so we have to be careful in choosing each coin.

[wxa7115]

I partly disagree with that, because not all alts are in a bad shape, there are a lot of good reasons to invest in alts especially today that all alts in a deep trend, but of course with to be cautious in our investment, it is a good timing to onvest in alts if you really know what to do, always DYOR and the most important is, "Invest what you can afford to lose.

When it comes to the advice that we need to follow there is not a general answer that applies to every single trader, and what is good for us depends on our specific circumstances.

For the investors which have been here for a long time and which have a high level of knowledge about this market they can take way more liberties and they can invest in altcoins at any moment of the bitcoin cycle, but for the majority of the investors out there the advice given in this thread is useful as they do not have what it is needed to invest in altcoins now and obtain profits in the future.

[kotajikikox]

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.

you are talking about Altcoins but you are giving warning for BITCOIN investments.

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.

DCA is what I am using, but also  I am still In HOdling though in bear this isn't really applicable but good to purchase .

A1 projects seems to be protected and safe, waiting to invest in one.

[jaberwock]

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.

DCA is what I am using, but also  I am still In HOdling though in bear this isn't really applicable but good to purchase .

A1 projects seems to be protected and safe, waiting to invest in one.

I agree that top alts would be still fine when the bull comes, so that shouldn't be a problem, but even in that case the word "heavily" is the implied thing here. I mean nobody could say that you should not invest into any alt at all, and certainly not say do not invest into ETH or BNB because those are at the top and they are invested right now. But, we can discuss the percentage of how much you invest into those things versus bitcoin.

I would say it is wise to invest into bitcoin heavily, that way you would be able to actually make some profit and also have less security risk as well, it would be a smart decision for sure, and would be much better compared to other coins.

[dlightag]

You're making a point, because the Bear market some Alt-coin may not be able to succeed because of dip in the market, which is good to invest on Bitcoin and have a rest of mind as an passive income for a long term holding investment.

[shinratensei_]

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.

actually agreed with this one, if you are investing for long term, even if you need to wait until 2024 until the next bullish run, it's not gonna be a big deal, but if you think that after investing you just need to wait until a week then the value gonna rise, then it's gonna be a big deal since big chance that's not gonna happening with the current trend, it's basically depends in the investing term.

[asriloni]

The thing we must understand that investment is always at risk including cryptocurrencies, moreover we know that cryptocurrencies are investments like roller coasters so that do not ever invest with money in large sizes, better relaxed and investing only money we usually consider lost.

this is true, I think by investing using the money that we could consider not needed, etc we gonna make better decision than using some borrowed money mainly because we aren't within some pressure which mean we could make decision wisely, I think it's the basic of investing that everyone should know and understand since it could save us from losing.

[JahriMeayer]

if 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

That's a good point of view, if anyone want to always stay safe by stay with top coins although those are alternative. If you compare first five coins to previous years, You'll always find new coins except ether. Furthermore its your own thoughts to investment with topcoins but others investors doesn’t think such way otherwise other altcoins never have existence with their big marketcap