Dr.Bitcoin_Strange
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May 02, 2023, 07:02:16 PM |
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Holding top 10 coins can be a good idea. It’s good to hold these coins, as these coins marketcaps will be comparatively higher than other cryptos and hence the chances of facing losses will be less. These coins will be great to earn steady but small profits. But if you want quick and greater profits then you have to analyse the market and choose the best coins according to the profits algorithms. I would suggest that less profit is better than high risk profits. Rest is upto you guys.
It could be a good idea for some people, especially those who don't have enough knowledge about Bitcoin, so they just choose to invest in some altcoins because they are in the top 10 by market cap. But it's more risky to invest in those coins compared to investing in Bitcoin because most of those coins you see in the top 10 will only be there for a while, and most of them don't usually stand the test of time because some altcoin projects are good at manipulating their token price and market cap. For example, most altcoins usually pump their tokens, and when they get a lot of attention, they dump the token. Sometime after the dump, the project may not really survive again, but Bitcoin will still do better. In the past two years, there were coins that were on the top 10, but today they are not; instead, other tokens have also been on the top 10, which may not also be there for a very long time, like Bitcoin, which has always been at the top.
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Raflesia
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May 02, 2023, 07:12:44 PM Merited by JayJuanGee (1) |
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Holding top 10 coins can be a good idea. It’s good to hold these coins, as these coins marketcaps will be comparatively higher than other cryptos and hence the chances of facing losses will be less. These coins will be great to earn steady but small profits. But if you want quick and greater profits then you have to analyse the market and choose the best coins according to the profits algorithms. I would suggest that less profit is better than high risk profits. Rest is upto you guys.
It could be a good idea for some people, especially those who don't have enough knowledge about Bitcoin, so they just choose to invest in some altcoins because they are in the top 10 by market cap. But it's more risky to invest in those coins compared to investing in Bitcoin because most of those coins you see in the top 10 will only be there for a while, and most of them don't usually stand the test of time because some altcoin projects are good at manipulating their token price and market cap. For example, most altcoins usually pump their tokens, and when they get a lot of attention, they dump the token. Sometime after the dump, the project may not really survive again, but Bitcoin will still do better. In the past two years, there were coins that were on the top 10, but today they are not; instead, other tokens have also been on the top 10, which may not also be there for a very long time, like Bitcoin, which has always been at the top. In the end it just becomes a sham and of course it all comes back to bitcoin as the core of it. I think with conditions like this, rather than looking for clear reasons with instant riches as a benchmark, I think it's better to move on to something that is more feasible. We know that most of the people who are there only expect that, especially for those who are in shitcoin, but they are not too aware even though they say they are aware that this could actually lead them to destruction.
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Dr.Bitcoin_Strange
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May 02, 2023, 08:03:09 PM Last edit: May 02, 2023, 09:23:01 PM by Dr.Bitcoin_Strange Merited by JayJuanGee (1) |
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In the end it just becomes a sham and of course it all comes back to bitcoin as the core of it. I think with conditions like this, rather than looking for clear reasons with instant riches as a benchmark, I think it's better to move on to something that is more feasible. We know that most of the people who are there only expect that, especially for those who are in shitcoin, but they are not too aware even though they say they are aware that this could actually lead them to destruction.
You see, some times I see some people that are into some kind of altcoin as big dreamers (why?) because they just buy some random coins that they think are more likely to blow them if the price gets pumped, but these coins just turn into shitcoins and don't add any value to their portfolio. Some people who are really determined to invest in crypto sometimes fall into these shitcoins before they realize it and begin to invest in Bitcoin. Some also just usually give up on crypto, not knowing that they are the reason why they did not get any profit from their investment. Some are also desperate to make a quick profit, so when they see some of these altcoins on the top 10, they really feel it's worth investing because the coin or token may get pumped.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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pawel7777
Legendary
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Activity: 2562
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May 02, 2023, 09:01:10 PM Merited by JayJuanGee (1) |
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Other coins might stay at the top 10 but they won't be profitable compared to other coins in lower rank, in general the coins in the top 10 changes in every bull market as new project get pumped into the top 10 so why not invest in potential top 10 projects so you make more profits when they get in the top 10.
I think you're confusing investing with gambling. For every newly created "project" that makes it to the top 10 or the top 20, you have dozens, if not hundreds, of projects that fail miserably. Everyone is a master of retrospective trading and can point out a coin that made it and say "you should've invested in it and you could make x1000" etc, but actually predicting that before the pump is a whole different game. Sure, you could play around with a couple of hundred $, but no one sane would put any significant portion of their wealth on Shiba Inu, Niggercoin, or another Doge Bonk. Even if it plays out the way you want, it's almost always a stupid move.
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DaNNy001
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May 02, 2023, 09:14:29 PM Merited by JayJuanGee (1) |
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It could be a good idea for some people, especially those who don't have enough knowledge about Bitcoin, so they just choose to invest in some altcoins because they are in the top 10 by market cap. But it's more risky to invest in those coins compared to investing in Bitcoin because most of those coins you see in the top 10 will only be there for a while, and most of them don't usually stand the test of time because some altcoin projects are good at manipulating their token price and market cap. For example, most altcoins usually pump their tokens, and when they get a lot of attention, they dump the token. Sometime after the dump, the project may not really survive again, but Bitcoin will still do better. In the past two years, there were coins that were on the top 10, but today they are not; instead, other tokens have also been on the top 10, which may not also be there for a very long time, like Bitcoin, which has always been at the top.
In the end it just becomes a sham and of course it all comes back to bitcoin as the core of it. I think with conditions like this, rather than looking for clear reasons with instant riches as a benchmark, I think it's better to move on to something that is more feasible. We know that most of the people who are there only expect that, especially for those who are in shitcoin, but they are not too aware even though they say they are aware that this could actually lead them to destruction. You see, some times I see some people that are into some kind of altcoin as big dreamers (why?) because they just buy some random coins that they think are more likely to blow them if the price gets pumped, but these coins just turn into shitcoins and don't add any value to their portfolio. Some people who are really determined to invest in crypto sometimes fall into these shitcoins before they realize it and begin to invest in Bitcoin. Some also just usually give up on crypto, not knowing that they are the reason why they did not get any profit from their investment. Some are also desperate to make a quick profit, so when they see some of these altcoins on the top 10, they really feel it's worth investing because the coin or token may get pumped. [/quote] That's why patience is always a virtue, personally for me I feel these investors that involved themselves in these altcoins are just out to make quick and fast cash supposing the actual coins invested in pumps up all of a sudden but the latter is the case and these coins always fails overnight which makes bitcoin stand out from these shitcoins. Many other investors are ignorant of learning more about what they want to invest in and just decide to go with their eye and invest in already pumping coins in the top list, sometimes when I do want to sell my coins in binance exchange I do see a lot of these shitcoins pumping so high but as an investor who understand the risk involved in investing in these, its probably better to just stick to the best investment coins (bitcoin) which have proven this over the years than trying out new pumping altcoins out of curiosity or greed to make quick cash.
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TimeTeller
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May 02, 2023, 09:40:57 PM Merited by JayJuanGee (1) |
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Other coins might stay at the top 10 but they won't be profitable compared to other coins in lower rank, in general the coins in the top 10 changes in every bull market as new project get pumped into the top 10 so why not invest in potential top 10 projects so you make more profits when they get in the top 10.
I think you're confusing investing with gambling. For every newly created "project" that makes it to the top 10 or the top 20, you have dozens, if not hundreds, of projects that fail miserably. Everyone is a master of retrospective trading and can point out a coin that made it and say "you should've invested in it and you could make x1000" etc, but actually predicting that before the pump is a whole different game. Sure, you could play around with a couple of hundred $, but no one sane would put any significant portion of their wealth on Shiba Inu, Niggercoin, or another Doge Bonk. Even if it plays out the way you want, it's almost always a stupid move. Going after with meme tokens have a very uncertain future, hence, most are just investing on this at a short-time basis. But if in case you will invest and haven't gotten out early, you may possibly suffer losses because most new meme alts have a pump and dump scenario. They may enter in the top 10 at some point, but I think it is not good basis to consider them in your portfolio. If you are looking for the longevity of the project, better check what's their use case in the market. Can it sustain its presence in the market?
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Dr.Bitcoin_Strange
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 02, 2023, 10:44:33 PM Merited by JayJuanGee (1) |
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personally for me I feel these investors that involved themselves in these altcoins are just out to make quick and fast cash supposing the actual coins invested in pumps up all of a sudden but the latter is the case and these coins always fails overnight which makes bitcoin stand out from these shitcoins.
@DaNNy001, you see, sometimes I don't blame these crypto Beginners who invested in shitcoins (why?), because they somehow did not really get the right information about cryptocurrency before they started, with just a little knowledge. But I tend to blame some experienced crypto users who still get convinced that they could make a whole lot of profit from those shitcoins (that's absolutely gambling on investment) because they are always like, "Okay, let me just invest this amount and see if the token gets pumped or not," and sometimes, it's even after they have invested that the token price starts dumping so hard until the project owners disappear. Let me tell you this funny story: it was about my friend. We both started this crypto journey almost the same year. This guy was really into altcoins, so one day he showed me one and said "he had seen a good project that we should invest in their token, and that within two to three years we would be making a whole lot of profit from the token." In order not to turn him down, I invested some funds. At that time, the token was trading at $0.005, but currently it is trading at $0.000003, and there is no liquidity for the token on the exchange where it's even listed. Why I said the story is funny is because this guy was really so exuberant, believing that we had made the best investment of that year. He said that token was his dream token and that he would use the profit that comes off that it to build his dream house (that's why I said in my second reply that shitcoin investors are big dreamers). It's been four years now, and the token is dead already.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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stomachgrowls
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 02, 2023, 10:55:59 PM |
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personally for me I feel these investors that involved themselves in these altcoins are just out to make quick and fast cash supposing the actual coins invested in pumps up all of a sudden but the latter is the case and these coins always fails overnight which makes bitcoin stand out from these shitcoins.
@DaNNy001, you see, sometimes I don't blame these crypto Beginners who invested in shitcoins (why?), because they somehow did not really get the right information about cryptocurrency before they started, with just a little knowledge. But I tend to blame some experienced crypto users who still get convinced that they could make a whole lot of profit from those shitcoins (that's absolutely gambling on investment) because they are always like, "Okay, let me just invest this amount and see if the token gets pumped or not," and sometimes, it's even after they have invested that the token price starts dumping so hard until the project owners disappear. Let me tell you this funny story: it was about my friend. We both started this crypto journey almost the same year. This guy was really into altcoins, so one day he showed me one and said "he had seen a good project that we should invest in their token, and that within two to three years we would be making a whole lot of profit from the token." In order not to turn him down, I invested some funds. At that time, the token was trading at $0.005, but currently it is trading at $0.000003, and there is no liquidity for the token on the exchange where it's even listed. Why I said the story is funny is because this guy was really so exuberant, believing that we had made the best investment of that year. He said that token was his dream token and that he would use the profit that comes off that it to build his dream house (that's why I said in my second reply that shitcoin investors are big dreamers). It's been four years now, and the token is dead already. Newbie mistakes are really that common, even into our early days or months here on crypto space on which those kind of impressions and beliefs on mind is really that common.We would really be sharing up on the same approach just like theirs.On the time that you would really be getting that sufficient knowledge and awareness on how things works and how things do behaves then it would really be just that normal that you would really be having that kind of disgust feeling on what you have believed in the past.Well its normal because no one starts on being a pro but rather we do start on scratch. Mistakes or errors is part of the learning stuff becauseif you didnt go into this path then i dont know on where you have been following. Holding top #!0 coins in the market will really be that worth but of course it would be depending on how much money you do able to put all of the years had passed. There's no way on knowing the future but at least having that Bitcoin on the top spot would give out some good results.
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Dr.Bitcoin_Strange
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May 02, 2023, 11:27:01 PM |
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Holding top #!0 coins in the market will really be that worth but of course it would be depending on how much money you do able to put all of the years had passed. You mean being worthful or worthless?
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JeffBrad12
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May 03, 2023, 12:08:29 AM |
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no one knows for sure whether it's good tactic but one thing for sure you'll have more consistency in managing the risk of your investments, generally you could always determine that these high ranked coins are usually have lower risk than the other altcoin with significantly lower market capitalization in which in this case quite essential in term of managing your investments.
if you are seeking for consistent profit and rather safe investment then just settle with these top 10 rank coin in which gonna helps you a lot in keeping your investments. but certainly it gonna be better if along the way you also add some new coins just to increase the profit that you might gain but with just little capital then you're settled.
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BALIK
Copper Member
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🍓 BALIK Never DM First
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May 03, 2023, 12:48:36 AM |
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it can be said to be a good tactic if you don't want to take high risks, because Coinmarketcap's top 10 can be said to be 90% guaranteed very good fundamentals and even if bullish comes then the top 10 can go up to 2x, but if you want to take risks by investing in altcoin gems like in the top 1000 rank maybe, then you can get 1000x if you are lucky.
I actually feel that the top 10 is also a very high risk because seeing from the top 10 it is only filled by a few stable coins and of course you can see shitcoin there especially for number 8 now ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I personally feel that to be in altcoins of any kind for the top 10 is clearly very high risk regardless. The conditions are a little complicated if you really force it even though there are some coins that mostly expect the heights of ETH and BNB for example but that is clearly still far greater risk than bitcoin. I probably wouldn't say they're bad in this case, but of course bitcoin is the obvious choice and only number 1 to look at of course. Investing in altcoins is very risky compared to bitcoin, but the higher the risk, the higher the return. I am not interested in investing in old altcoins because to me, investing in altcoins should only be classified as short and medium term. But except for ETH, it is riskier than bitcoin, but it is also the top safe to invest in this market, and I think it will give a higher return than bitcoin. In 8th place is dogecoin, it is shitcoin, but you have to agree with me it has been around longer than we think, and many potential altcoins like LTC or EOS...All fall behind, but Doge is still here with us, even bringing huge profits to many. If you are here to invest in technology and looking for a solution to replace the outdated fiat system, bitcoin is the perfect choice. But if you are for profit, there are many options besides bitcoin. I mean, we still invest in bitcoin, but don't miss other opportunities. Well what you said is true when you don't miss the slightest opportunity you have, but on the other hand in this case everyone is also free to do anything in their own way as long as they are aware of the risks they will face later. For me, I don't want to do something like that because it crosses my own boundaries. let's say in this case I am a coward not to jump into altcoins in Investment, but on the other side of my view, I prefer bitcoin and I will do it completely there regardless of others because it goes back to the much higher risk there. Although indeed in this case bitcoin is also still not a guarantee for that but indeed it is a risk that must be taken and my limits remain there without regard to others. Once invested in this volatile market, no one is a coward, but everyone has different thoughts and preferences. For me, investing in bitcoin or altcoin is also an investment, I mean, as long as we are aware of what we are doing with our money and will not regret it if something unfortunate happens, we have the right to invest anywhere. Honestly, I entered this market with the primary goal of making a profit, so I am quite comfortable with diversified investments, any project I invest in, as long as it is within my tolerance. I know there are a lot of people who hate altcoins, and strictly speaking, they are trash, nothing compared to the perfection of bitcoin. But if we talk about profit and know how we can still take advantage of it to make a profit, it is not difficult.
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Sir Legend
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May 03, 2023, 02:22:10 AM |
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Many people think that hold top 10 is the best decision, but we have to remember that a year ago LUNA was in top 10 then went bankrupt, i think there is no guarantee that hold top 10 is the best decision, if we invest big amount then i prefer invest in some coins that have prospects in the future.
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Ryu_Ar1
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May 03, 2023, 09:30:54 AM Merited by JayJuanGee (1) |
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Well what you said is true when you don't miss the slightest opportunity you have, but on the other hand in this case everyone is also free to do anything in their own way as long as they are aware of the risks they will face later.
For me, I don't want to do something like that because it crosses my own boundaries. let's say in this case I am a coward not to jump into altcoins in Investment, but on the other side of my view, I prefer bitcoin and I will do it completely there regardless of others because it goes back to the much higher risk there. Although indeed in this case bitcoin is also still not a guarantee for that but indeed it is a risk that must be taken and my limits remain there without regard to others.
Once invested in this volatile market, no one is a coward, but everyone has different thoughts and preferences. For me, investing in bitcoin or altcoin is also an investment, I mean, as long as we are aware of what we are doing with our money and will not regret it if something unfortunate happens, we have the right to invest anywhere. Honestly, I entered this market with the primary goal of making a profit, so I am quite comfortable with diversified investments, any project I invest in, as long as it is within my tolerance. This goes back only to perspective and I also will not be firm with my opinion that altcoins are not good because basically it is something that cannot be forced on others but indeed in this case I also have my own limits about myself which indeed only return to bitcoin and nothing more than that because for now it is the most comfortable zone for me even though indeed when in bitcoin does not mean we are safe but looking at the risk, this is much more minimized inversely when in altcoin which is indeed a very much greater risk. I know there are a lot of people who hate altcoins, and strictly speaking, they are trash, nothing compared to the perfection of bitcoin. But if we talk about profit and know how we can still take advantage of it to make a profit, it is not difficult.
In this case I'm most likely the one who said they were trash ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) When it comes to profits, it might be understandable but on the other hand we also have to realize that such profits are obtained because of the hope that the big guys will pump it up but that is only a small possibility out of many false hopes in my opinion. Another condition is that we must also be able to see the thread in the middle in this case because we not only see good risks but also bad possibilities to fall further in altcoins must be considered.
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Raflesia
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May 03, 2023, 09:44:00 AM Merited by JayJuanGee (1) |
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In the end it just becomes a sham and of course it all comes back to bitcoin as the core of it. I think with conditions like this, rather than looking for clear reasons with instant riches as a benchmark, I think it's better to move on to something that is more feasible. We know that most of the people who are there only expect that, especially for those who are in shitcoin, but they are not too aware even though they say they are aware that this could actually lead them to destruction.
You see, some times I see some people that are into some kind of altcoin as big dreamers (why?) because they just buy some random coins that they think are more likely to blow them if the price gets pumped, but these coins just turn into shitcoins and don't add any value to their portfolio. Some people who are really determined to invest in crypto sometimes fall into these shitcoins before they realize it and begin to invest in Bitcoin. Some also just usually give up on crypto, not knowing that they are the reason why they did not get any profit from their investment. Some are also desperate to make a quick profit, so when they see some of these altcoins on the top 10, they really feel it's worth investing because the coin or token may get pumped. That's actually fine with me apart from everyone wanting an altcoin in hopes that it never goes very well that's their business. I only focus on myself with the bitcoins that I have and of course apart from other people who are doing things in altcoins, that's their business. Reminding is still possible, but when they choose a path like that with the hope of pumping it that makes them feel they have high hopes of getting rich instantly, then indeed things like that are better off not needing to be dealt with anymore. They are focused on what they are after and I of course have to be focused on what I am after with bitcoin in my portfolio.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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Dr.Bitcoin_Strange
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May 03, 2023, 01:04:23 PM Merited by JayJuanGee (1) |
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no one knows for sure whether it's good tactic but one thing for sure you'll have more consistency in managing the risk of your investments, generally you could always determine that these high ranked coins are usually have lower risk than the other altcoin with significantly lower market capitalization in which in this case quite essential in term of managing your investments. No, that's not correct; it can only be a good tactic for anyone who sees it as one for them. After taking a snippet of most of the comments here, I see that some people really kick against it, while some people also think it's a good tactic for them. But no one has confirmed that out of the top 10 market cap tokens they bought, about five have really made them a good profit in the long run. Let's take, for example, the Doge coin, which was first taken as a joke coin in the beginning, but after the coin price began to go high, it was added to the top 10 coins. Do you still see dogecoin in the top 10 today? (Nop) I believe people who invested in the coin when they saw it in the top 10 are still waiting for another pump to happen again. Another example is the Luna coin that @Sir legend mentioned below. Many people think that hold top 10 is the best decision, but we have to remember that a year ago LUNA was in top 10 then went bankrupt, i think there is no guarantee that hold top 10 is the best decision This was a good example 👍🏻 That's actually fine with me apart from everyone wanting an altcoin in hopes that it never goes very well that's their business. I only focus on myself with the bitcoins that I have and of course apart from other people who are doing things in altcoins, that's their business. Sure, you can say it's their business or whatever, but again, some crypto beginners just fall into this top 10 coin or token without realizing that it doesn't even minimize their risk of investment. They sometimes think that since they are spreading their funds on different altcoins, it can limit the risk, and at least they can make profit from most of those coins, of which even all those coins can turn out to be shitcoins. I just feel so softhearted and wish I could help everyone at once by letting them understand the risk that also follows the tactics (most especially beginners). But for those who are already aware of what the results may be, they don't rely on their high hopes, and even if they lose their investment, they already realize they were only trying their luck with altcoins. But some people don't think that way, and if those people lose their investment, they can be faced with some emotional troubles.
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JayJuanGee
Legendary
Online
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Self-Custody is a right. Say no to"Non-custodial"
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May 03, 2023, 03:27:31 PM |
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In the end it just becomes a sham and of course it all comes back to bitcoin as the core of it. I think with conditions like this, rather than looking for clear reasons with instant riches as a benchmark, I think it's better to move on to something that is more feasible. We know that most of the people who are there only expect that, especially for those who are in shitcoin, but they are not too aware even though they say they are aware that this could actually lead them to destruction.
You see, some times I see some people that are into some kind of altcoin as big dreamers (why?) because they just buy some random coins that they think are more likely to blow them if the price gets pumped, but these coins just turn into shitcoins and don't add any value to their portfolio. Some people who are really determined to invest in crypto sometimes fall into these shitcoins before they realize it and begin to invest in Bitcoin. Some also just usually give up on crypto, not knowing that they are the reason why they did not get any profit from their investment. Some are also desperate to make a quick profit, so when they see some of these altcoins on the top 10, they really feel it's worth investing because the coin or token may get pumped. That's actually fine with me apart from everyone wanting an altcoin in hopes that it never goes very well that's their business. I only focus on myself with the bitcoins that I have and of course apart from other people who are doing things in altcoins, that's their business. Reminding is still possible, but when they choose a path like that with the hope of pumping it that makes them feel they have high hopes of getting rich instantly, then indeed things like that are better off not needing to be dealt with anymore. They are focused on what they are after and I of course have to be focused on what I am after with bitcoin in my portfolio. Ongoingly, each of us will likely still be faced with various dilemmas regarding how we choose to interact with people who are shitcoin pumpers, and questions regarding whether we want to attempt to share information with them in regards to bitcoin, or if we might choose to refrain from interacting with them because they might be too passionate in regards to their shitcoins and therefore we might have difficulties communicating with them from some kind of a common ground understanding and framework. Surely, frequently many of us should be able to attempt to talk about bitcoin versus shitcoins with others in terms of trying to figure out what kinds of goals that each of us might be trying to achieve, and so sometimes there can be agreements to disagree about strategies, if we end up seeing and agreeing that some of the goals might be different. A lot of us might share goals that we would like to get rich quick; however, some of us might appreciate and understand that if we attempt to strictly try to pursue a goal of attempting to get rich quick, then the actual pursuit of such goal may well end up causing us to lose value (financially and even morally/ethically). Surely one of the frameworks for investing into bitcoin does include considering ways to attempt to preserve portfolio value, and even if bitcoin remains amongst the most conservative of the "cryptos," at the same time, relatively speaking bitcoin is also still a risky investment, so it is not even necessarily a good idea to over-allocate our investments into bitcoin, so in some sense, we may well want to consider how much are we investing into bitcoin as compared to investing into other assets, and when I refer to investing in other assets, I am not even getting into the idea of investing into shitcoins, but instead considering how much of our investment portfolio might have other traditional asset classes such as cash, stocks, property and even some other forms of investments/savings.... And, if we are new to investing, we might not even have any other investments besides cash and crypto.. so there is that angle too.. and then so within crypto.. how much are we thinking that we can fuck around with other kinds of investments besides bitcoin.. , and maybe it would be good to self-impose some kind of ceiling in regards to how much we might want to put into various shitcoins (while gambling that they might potentially perform better than bitcoin).. I personally would not invest any more than 10% of my total crypto investment into anything other than bitcoin (and I personally don't even have more than 1%), but surely there are some folks who will go further than that and even go over 50% into shitcoins and surely there are some folks are so dumb as to only have 10% to 20% or less in bitcoin, which might even be part of the premise of this thread if there is some kind of assertion that bitcoin might serve 1/10 of an annual investment package.. presuming that the investment into the top 10 cryptos would be evenly distributed, which is bordering on retarded, from my perspective. Now some members have mentioned that they are more excited about some top 10 crypto rather than others, and have mentioned ethereum and BNB and maybe a few others, and even if it might be true that there could potentially be some better value (or even less downside risk) in those coins (shitcoins - especially ethereum), then still they should not be conceptualized as equally weighted to bitcoin, even if it is possible that in the short term they might out perform bitcoin in the short-term.. but there could be some ways to make some reasonable short term bets on either or both of those coins without presuming that either one of them should be held as "long term" investments, which is part of the justification that bitcoin should be kept in many of our portfolios as a long term bet that goes out for a minimum of 4 years, and even 10 to 20 years or more would be reasonably feasible when it comes to how to think about bitcoin holdings..
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Ludmilla_rose1995
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CHAMBY - meme token created by the community
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May 03, 2023, 03:34:25 PM |
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Going after with meme tokens have a very uncertain future, hence, most are just investing on this at a short-time basis.
but there is no problem investing in meme tokens, it may give you higher profit compared to what Bitcoin or popular Altcoins can give you. If you know the right time to get in and out of this investment, you might be able to get a high profit, like my friend did when he managed to get a high enough profit investing in Shiba Inu. the point is not to be greedy and still know when to out.
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Raflesia
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May 03, 2023, 05:10:24 PM Merited by JayJuanGee (1) |
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That's actually fine with me apart from everyone wanting an altcoin in hopes that it never goes very well that's their business. I only focus on myself with the bitcoins that I have and of course apart from other people who are doing things in altcoins, that's their business. Sure, you can say it's their business or whatever, but again, some crypto beginners just fall into this top 10 coin or token without realizing that it doesn't even minimize their risk of investment. They sometimes think that since they are spreading their funds on different altcoins, it can limit the risk, and at least they can make profit from most of those coins, of which even all those coins can turn out to be shitcoins. I just feel so softhearted and wish I could help everyone at once by letting them understand the risk that also follows the tactics (most especially beginners). But for those who are already aware of what the results may be, they don't rely on their high hopes, and even if they lose their investment, they already realize they were only trying their luck with altcoins. But some people don't think that way, and if those people lose their investment, they can be faced with some emotional troubles. We can't do anything there because it's their will because when we see beginners doing this, actually things like this are very risky, it's just that they are not aware of it because they really feel that altcoins are a profitable place and still have hope. that this will be an instant advantage, but on the other hand, even if we warn, sometimes things like that are considered as one part to block, so instead of having to argue with those who don't fit their portion, it's better to let it happen because when they feel themselves, in the end, they will know which way is better. I don't really care about that because indeed when our good intentions are misinterpreted it is better for us to just see how they solve the problem. They also need to learn and losing is a risk they should know about that especially being in altcoins which are not very useful. That's actually fine with me apart from everyone wanting an altcoin in hopes that it never goes very well that's their business. I only focus on myself with the bitcoins that I have and of course apart from other people who are doing things in altcoins, that's their business. Reminding is still possible, but when they choose a path like that with the hope of pumping it that makes them feel they have high hopes of getting rich instantly, then indeed things like that are better off not needing to be dealt with anymore. They are focused on what they are after and I of course have to be focused on what I am after with bitcoin in my portfolio.
Ongoingly, each of us will likely still be faced with various dilemmas regarding how we choose to interact with people who are shitcoin pumpers, and questions regarding whether we want to attempt to share information with them in regards to bitcoin, or if we might choose to refrain from interacting with them because they might be too passionate in regards to their shitcoins and therefore we might have difficulties communicating with them from some kind of a common ground understanding and framework. Surely, frequently many of us should be able to attempt to talk about bitcoin versus shitcoins with others in terms of trying to figure out what kinds of goals that each of us might be trying to achieve, and so sometimes there can be agreements to disagree about strategies, if we end up seeing and agreeing that some of the goals might be different. Mostly when doing things like this it actually results in discord for myself considering in this case we also can't force the person's will which makes this a little complicated. On the other hand, when the ego is higher when discussing clearly this becomes another problem because we have our own arguments. this may just be my experience and I am also very supportive when there are still many people who still keep reminding me to be in bitcoin not altcoins especially for beginners but for me I better not do that because apart from my shortcomings to explain is not better , when in discussions I also sometimes put forward my own ego more. A lot of us might share goals that we would like to get rich quick; however, some of us might appreciate and understand that if we attempt to strictly try to pursue a goal of attempting to get rich quick, then the actual pursuit of such goal may well end up causing us to lose value (financially and even morally/ethically).
The problem with this is actually I still don't understand the concept of getting rich instantly, especially when it's in a scope like this. We are aware that this place is a place with high risk and we know that when we say investment, roughly speaking it takes time so this is not suitable for instant riches and of course we all need to process with the initial concept of investment so we cannot say something like this. to get rich instantly but out there there are still many who think like this just because seeing the lives of people who are in this scope looks more comfortable.
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DevilSlayer
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May 03, 2023, 05:29:37 PM Merited by JayJuanGee (1) |
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Other coins might stay at the top 10 but they won't be profitable compared to other coins in lower rank, in general the coins in the top 10 changes in every bull market as new project get pumped into the top 10 so why not invest in potential top 10 projects so you make more profits when they get in the top 10.
I think you're confusing investing with gambling. For every newly created "project" that makes it to the top 10 or the top 20, you have dozens, if not hundreds, of projects that fail miserably. Everyone is a master of retrospective trading and can point out a coin that made it and say "you should've invested in it and you could make x1000" etc, but actually predicting that before the pump is a whole different game. Sure, you could play around with a couple of hundred $, but no one sane would put any significant portion of their wealth on Shiba Inu, Niggercoin, or another Doge Bonk. Even if it plays out the way you want, it's almost always a stupid move. Going after with meme tokens have a very uncertain future, hence, most are just investing on this at a short-time basis. But if in case you will invest and haven't gotten out early, you may possibly suffer losses because most new meme alts have a pump and dump scenario. They may enter in the top 10 at some point, but I think it is not good basis to consider them in your portfolio. If you are looking for the longevity of the project, better check what's their use case in the market. Can it sustain its presence in the market? There are memecoins that going to the moon but majority of it are scams and worthless so it is better if I will just put my money on something that is legit where I can minimized the risk. If we will convert it in percentage, I think only 1 out of 100 memecoins that makes it to TOP. The current popular memecoin today if I'm not mistake it is called $PEPE coin, I do not know what its utility but I have read that its market capitalization is around $500 Million right now. Did I put some money on it? No becuase it is just a memecoin and the risks are high and I'm still in neutral emotion even I missed the possible gains that I can have on it. Better to make investment on top 10 crypto market capitalization right now than to put my money on something that is just a meme coin. Diversification is important and that is why we need to pick what is the best cryptocurrencies in the market today, what I do is I check all of the charts of the Top 100 cryptos. So one of my criteria before investing is that the crypto should be belong to the top 100 because these are the trending coins and have the highest market capitalization. After that I'll check all of it and pick the crypo with uptrend and with good market sentiment. I ignore those coins that have unhealthy price patterns because it will be ingore very soon. Once I indentifies the coins with good charts, I re arranged it by price patterns and also by my niche. In that way I can easily see if the coin is good or bad to my portfolio.
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pawel7777
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Up to 300% + 200 FS deposit bonuses
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May 03, 2023, 08:05:07 PM Merited by JayJuanGee (1) |
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Going after with meme tokens have a very uncertain future, hence, most are just investing on this at a short-time basis. But if in case you will invest and haven't gotten out early, you may possibly suffer losses because most new meme alts have a pump and dump scenario. They may enter in the top 10 at some point, but I think it is not good basis to consider them in your portfolio. If you are looking for the longevity of the project, better check what's their use case in the market. Can it sustain its presence in the market?
That's why I wouldn't call that investing. If you know that those meme coins have no future and that you'll need to pull out before the hype dies out - that's much closer to gambling than investing. Similarly to knowingly putting money into Ponzi scheme, if you time it right, you could make a decent profit, but let's not call that investing. You'd probably be better off creating a bunch of worthless meme coins and trying to hype them up to see if any of them catches on. This way you won't be risking anything other than your time.
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