How Are You Preparing For 2023?

[JeffBrad12]

generally investing in a coin that centered around gaming in which in this case has lost so much of their value that it seems they are beyond any saving could be quite good considering these gaming coins aren't even reaching their peak yet and i'm pretty sure they could always make some short of come back but then again they are also at the risk of vanishing into thin air quite literally losing its value and just become shit coins. I'd say the safest and wisest investment decision would be just investing in btc and eth that already lost majority of its value anyway and it's such a good plan for 2023 but of course if we are short in money for investing, such thing would just be missed chance of making good profit, moreover for someone that already lost some of their money in investments before this year, this year around is just like waiting for your money to comeback.

[Psynthax]

quite frankly staking is the way to go, our money is gone with the former bearish, I don't think we could reinvest again if the previous money that we invested just got lost, some might spare some money but ultimately majority of us already losing.
Instead I think staking is the safest and sure way of regaining what we lost back, if 2023 turns out good, then we could make some good recovery.

[m2017]

I think you are overly optimistic about 2023. This is fraught with the fact that your expectations will not be met and you may be disappointed. I prefer not to expect too much in the near future and remain calm because I believe in the future growth of this industry. Whether it happens tomorrow or the day after tomorrow or a year or two, it does not matter, the main thing is that one day it will happen. More than once.

Personally, I don't prepare in any way, especially with regard to altcoins, because I practically don't believe and distrust most altcoins. Altcoins seem empty to me, not deserving of attention. In the case of bitcoin, there is no need to prepare: buy as soon as free money appears.

[bakasabo]

Personally, I did not prepare for 2023 at all. Frankly speaking, I am a bit tired of bear market and would have spent available resources on crypto in the beginning of Autumn. Right now I am in a "waiting" position. Want to see how things will turn out. Also I am more than usually busy IRL. Holidays, all that flu around, that is gaining strength and it is time to revise fiat expenses, as it a bit tough to get extra funding for crypto.

[Wiwo]

Personally, I did not prepare for 2023 at all. Frankly speaking, I am a bit tired of bear market and would have spent available resources on crypto in the beginning of Autumn. Right now I am in a "waiting" position. Want to see how things will turn out.

Yeah me too i am tired of the bear market and there is no end in sight for how long the bear market will last, there is no guarantee that the year 2023 will bring a qiuck recovery to the market and a possibility of the bear market continuing beyond 2023, even though most market spectators are predicting early pick in price by 2023.

Also I am more than usually busy IRL. Holidays, all that flu around, that is gaining strength and it is time to revise fiat expenses, as it a bit tough to get extra funding for crypto.

Yes the best thing to do at this point is to continue to DCA till there is recovery in site, cryptocurrencies market have shaded off a chunk of it value because of the bear market occasion with some bad events such as the FTX bankruptcy crisis and other  bad events that happen in the year 2022 which negative impact will push the market downward for a while.

[Oneandpure]

Still nothing in my mind about preparing for 2023 after my portfolio still not increasing up, I have optimistic for 2023 and one year left with halving will have surprise with Bitcoin and altcoin reach again to higher price. I learned with this bad moment in 2022 many altcoin crash and right now focus investing in potential altcoin and Bitcoin as my priority investment only.

I am not excited with new project altcoin for investing next year, I have ignore with new altcoin after this year many altcoin get crash and price drop drastically. Still have positive mindset with 2023 have lightness and Bitcoin or Altcoin will going up to higher price again.

[coin-investor]

We all know that 2022 has not been friendly to the cryptocurrency market, Bitcoin, being the top ranked lost over 60 percent from its all time high value.
Many altcoins have also lost more than half the value they had in 2021, the several occurrences in the cryptocurrency industry caused several bloodbath we experienced in most parts of the year 2022.

Was so optimistic about the market before the start of this year, but I never imagined it will end like this Bitcoin lost 60% of its value and my portfolio lost 70% of its value, but the two fiascos that happen this year are beyond our control, we're like a pawn here, how the whale's move will create an impact on our investment.

But I am optimistic concerning 2023, I foresee a major breakout for Bitcoin and several other top altcoins, and some new altcoins that are really promising..

It's really frustrating to start the year with all your portfolio down, but we have no choice but to be optimistic because we have seen the best and the worse the market has given us

And speaking of new altcoins, ive been investing in Renec in preparation for 2023, Renec blockchain is one of the best projects I've found so far, the project was fully launched in October 2022, since then, usage and activities on the Renec blockchain has been increasing day after after, it's one project I wouldn't want any body to miss, so I urge you all to check it, you can start your research by joining their community on discord - https://discord.gg/Vw9ykjAWGh

I trust you buddy will check it out I'm sure you've done your research here that is why you are on it.

So, how are you preparing for 2023, what or which altcoin are you buying in preparation for 2023?

I'll just continue to be optimistic I have no coins or tokens in mind but will be open-minded on what's to come.

[shinratensei_]

there should be no plan at all if you at least hardly could ever forecasts about whats gonna be happening in 2023, there's still so many things that lingers and hold many from further make an accumulation in preparing for 2023, the economic crisis said to getting worser in 2023, so therefore investing might be your bad idea ever at this current moment, I'm sure that many will still wait and see until the circumstance is getting better.
for all I know the cryptocurrency could still further lose its price even more and the trend will most likely lasts in a longer period and if you are accumulating right now, you might lose even more.

[pawanjain]

I personally think there's not much for crypto in 2023. The market will correct and we might see BTC back in the $30k range.
But that will be it and we won't see any major bullish momentum around 2023 because $30k itself will be around a 100% hike.
May be 2024 we will see a good bullish momentum and price might cross it's ATH price. So far I think 2023 will go sideways with corrections.

[justdimin]

I think there's no rules about that but as long as those who shill are not too spammy and also the shilled project is not known to be a scam then I think they are going to be fine. It's so sad that many people only focus on the price to tell if the project is worthy to invest or not but they must be careful about it because there are also shit coins which can be pumped up easily.

If only these people take the time to do a little research then it could help them to pick up a better coin. I don't think a lot of people are preparing for 2023 but if there is a date they are preparing then that would be the 2024 halving. 2023 might be another year for accumulation.

I feel like the amount is also as much important as the type of the shill as well. Like if there is a low quality shill effort, even once is enough or maybe twice but that's it, anything more than that would be unacceptable here, but if you end up with high quality shilling, like the ones where people look like they vouch for how great it is and they are trusted members and all that, it could look like a hyped project and not a shilled one and people can talk about it for pages and pages whereas nobody would say anything about it.

So all in all, "shilling" is not always a bad thing, because if done right that may become just vouching and trusting a coin and that's going to be fine for most people here.

[Xal0lex]

The phrase "not friendly to" - I would say the opposite, it has been way friendly to the opportunistic users who were looking for rock bottom prices and they had a good time accumulating. That is how you can restructure your thought process to keep the optimistic outlook, lack of which because the reason of gradual attrition from trading.

I see a lot of whales are accumulating their crypto at this point and they will sell when the next bull run starts and then wait for the next bear run to buy again - a cycle that might take more than a couple of years, but they possess that level of patience. Still this is what we all crypto traders should aim for.

New altcoins should always bring in the salt of caution. Projects may aspire to be huge and they might succeed, but this is difficult in this sector so be careful. A new year does not always mean a good year for any new project.

For whales and big investors, this is a truly chic time when you can take cryptocurrency from many panicked people for next to nothing. The right long-term investors don't sell crypto blue chips, they accumulate them. The rest of us are panicking and taking losses.

New projects now need to be invested with great caution, and only in those with seed investors.

[Jody.Drummer]

I think you are overly optimistic about 2023. This is fraught with the fact that your expectations will not be met and you may be disappointed. I prefer not to expect too much in the near future and remain calm because I believe in the future growth of this industry. Whether it happens tomorrow or the day after tomorrow or a year or two, it does not matter, the main thing is that one day it will happen. More than once.

Personally, I don't prepare in any way, especially with regard to altcoins, because I practically don't believe and distrust most altcoins. Altcoins seem empty to me, not deserving of attention. In the case of bitcoin, there is no need to prepare: buy as soon as free money appears.

I don't think there's a problem with being confident for next year, as long as you don't expect too much with just 1 year. Preparing for the coming year is not entirely bad because we really have a lot to prepare about that year. The reason is that we also have to prepare not only for 2023, but for the following years we also have to prepare.
In order not to become a disappointment, we must not stick to 2023 only, but for an even longer period of time. I think the more disappointing thing will come when we don't make any preparations.

[Wakate]

quite frankly staking is the way to go, our money is gone with the former bearish, I don't think we could reinvest again if the previous money that we invested just got lost, some might spare some money but ultimately majority of us already losing.
Instead I think staking is the safest and sure way of regaining what we lost back, if 2023 turns out good, then we could make some good recovery.

We all anticipating that 2023 is going to be a great year with bullish breakout. The market is bear now and there are many other things investors are using there funds to do to bring more money to the table. Trading, staking, investing in new projects, pump and dump are one of the areas investors are putting there money which is good with the hope that the crypto market is going to be better by next year. If the market is going to end the long dip in 2023 then that will be very good for all traders and investors who had bought some holdings for the future bull trend coming soon.

[Furious 7]

I personally don't do too much preparation at this time because I always do as usual. I'm still buying bitcoin DCA until now and as for some altcoin purchases, maybe I'm still at the previous stage, preparing some money to buy coins that I think can be even better, like ETH. stay back as usual don't buy altcoins that aren't very profitable and don't look for new projects that are a waste of time.

[Johnyz]

I personally don't do too much preparation at this time because I always do as usual. I'm still buying bitcoin DCA until now and as for some altcoin purchases, maybe I'm still at the previous stage, preparing some money to buy coins that I think can be even better, like ETH. stay back as usual don't buy altcoins that aren't very profitable and don't look for new projects that are a waste of time.

Preparing for the next bull run should be our priority right now, because recovery will always happen and many are hoping for the 2023 to be a great year again for cryptomarket. I’m just doing cost averaging with the top altcoins and with Bitcoin, I’m not making rush though to buy instantly every time I get extra fund, I’ll buy some this is my simple preparation and I know this will be worth it.

[lalabotax]

We all know that 2022 has not been friendly to the cryptocurrency market, Bitcoin, being the top ranked lost over 60 percent from its all time high value.
Many altcoins have also lost more than half the value they had in 2021, the several occurrences in the cryptocurrency industry caused several bloodbath we experienced in most parts of the year 2022.

2022 is almost ended and we are heading to 2023 which is still not sure whether the crypto market will be still in the winter situation or becoming much better. There are many predictions about what happened with the crypto market in 2023. But for me, I will not focus on the predictions because sometimes they are wrong and only make our focus crash. We know that the crypto market will be still like this until the bullish era. But the bullish era may be still a long time because we still don't meet the Bitcoin halving which becomes one of the signs of the bullish era upcoming. So, whatever happens in 2023, we must be ready with the crypto market and utilize every chance to take. Actually, I am also preparing some fiat to add to my Bitcoin portfolio, I am really interested to add more Bitcoin because this may be a good year again to collect more Bitcoin to prepare for the bullish era.

[goaldigger]

Preparing for the next bull run should be our priority right now, because recovery will always happen and many are hoping for the 2023 to be a great year again for cryptomarket. I’m just doing cost averaging with the top altcoins and with Bitcoin, I’m not making rush though to buy instantly every time I get extra fund, I’ll buy some this is my simple preparation and I know this will be worth it.

Cost averaging strategy is a good one since we don’t know if the bear market is over so buying some every time the market becomes cheap can be more worth it. I’m also doing this with Bitcoin only though because there’s a lot of FUD with altcoins in the past few weeks and that’s why it became more volatile which is too risky to buy. 2023 might not bring the total bull market but I hope that recovery will takes in place next year, at least a preparation for the next halving for Bitcoin.

[Why you bully me]

I believe Cardano is going to be great for 2024. They are doing such big updates just like vassil upgrade. Monero too as it really is the true cryptocurrency by literal sense. Monero may be for even longer term and perhaps ADA too. But Cardano seems great for 2024 bull run though.

[o48o]

-cut-
And speaking of new altcoins, ive been investing in Renec in preparation for 2023, Renec blockchain is one of the best projects I've found so far, the project was fully launched in October 2022, since then, usage and activities on the Renec blockchain has been increasing day after after, it's one project I wouldn't want any body to miss, -cut-

Why can't i find any white paper for renec or working homepage?

So, how are you preparing for 2023, what or which altcoin are you buying in preparation for 2023?

I am still accumulating Dusk, and scraping NFT floors with active community is risky as hell but i am going to do that too. NFTs have served me well in the past when no one were even interested in them. And i am always hunting for new protocols, new break troughs in the field and new possible trends. It doesn't mean i always found them but at least it won't be because i am not trying.

[Shamm]

In 2023 still hoping that the price of my coins holding right now will go up higher. Preparing some extra money to buy bitcoins nowadays is what I am doing and still buying and holding until there's a sign of victory cause I know starting this upcoming 2023 the market will do better and even though not totally recovered but I do hope so that this upcoming more year's will be better.