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Author Topic: Don't buy altcoins because they are top altcoins  (Read 1844 times)
Ever-young
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April 05, 2025, 03:45:11 PM
 #181


You don't really have to blame them for not been like you, you are in this forum and probably exposed to learning unlike some other people that doesn't even have guudie or anything like that. The coins you see them talking about is what they are exposed to and that's the only thing they know and some are been influenced by their friends and you don't really expect them to know better when they don't know much about crypto, some just follow the crowd.
I get your point. And I’m not expecting nobody to be like me, yes I’m fortunate enough to have been exposed to certain information that are indeed helpful to me. But if you really think of it, there are also many others who are also exposed to these information too but they choose to be adamant and ignore the warnings, led by their own greed or hunger for easy and quick profitability into investing in shitcoins, would you also say their actions were due to misinformation or being uninformed too?

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BlackBoss_ (OP)
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May 20, 2025, 03:28:13 AM
 #182

It's a historical snapshot of top coins in January 2025 that you can see it by a following archive link.
https://coinmarketcap.com/historical/20250105/

There are new altcoins appear in this list but it's noticeable that two old altcoins: Litecoin and Bitcoin Cash (a scam fork from Bitcoin) fell down more deeply in the rank of top cryptocurrencies. It proves that how altcoins are very volatile and risky but at least I consider Litecoin is more safer than many altcoins that stand above LTC in January 2025.

A next bear market will give us witnessing chance of how those new top altcoins are weak and hopefully you won't hold them in a next bear market.

R


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May 20, 2025, 05:50:31 AM
 #183

It's a historical snapshot of top coins in January 2025 that you can see it by a following archive link.
https://coinmarketcap.com/historical/20250105/

There are new altcoins appear in this list but it's noticeable that two old altcoins: Litecoin and Bitcoin Cash (a scam fork from Bitcoin) fell down more deeply in the rank of top cryptocurrencies. It proves that how altcoins are very volatile and risky but at least I consider Litecoin is more safer than many altcoins that stand above LTC in January 2025.

A next bear market will give us witnessing chance of how those new top altcoins are weak and hopefully you won't hold them in a next bear market.

I am not going to accept this advice sorry, I think that "don't put your eggs in one basket if altcoin is your thing" advice is better than telling people not to buy top altcoins which I even believe to me more safer than newer projects.

Now is different, we are not in 2018 any longer where some coins come and go after a cycle ended, we now have ETFs upcoming for these coins, do you know how many people bashed XRP for been a stable coin for years? It make insane gains still.

ETFs on XRP, ETH, Cardano, Avalanche and few others are possible, it will happen, also if a top altcoin keeps evolving it's a sign that they plan to be here but instead of worrying about if they will survive I would rather buy them piece by piece, if one or two is dead out of ten top altcoins I am cool with it.

LTC and Doge coin are far more reliable though.

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