How to profit from altcoins collapses?

[so98nn]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

If you are talking about the invested altcoins which had been dropped severely then definitely it is going to be only one option and that's to hodl your assets until they get back to the normal prices or you hit the BEP and cash out your money out of altcoins if you are not able to hodl further or doubt the project itself.

However, if you are talking about the coins which are in blood bath right now and have some good prices in the past then possibility of that altcoin getting hiked to those prices and above increase a lot more. However, this would be in comparison with the coins for whom there is no historical movement at all. Apart from this, you can be sure about the altcoins which are on the correct roadmap but they have fallen due to the current market situation and bitcoin downfall as well. Considering most of them are paired with bitcoin thus whenever bitcoin falls they will fall as well.

That would be temporary and one can easily make profits out of it.

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[JoyMarsha]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

The altcoin invested will determine that, though. Not all altcoins can recover from a price crash. Just a small number of altcoins that have seen price crashes result in profits for their investors because the project's investors bought at a reduced rate and sell at it high rate when the price of the altcoin increased.

You can decide to use risk management strategies to invest in an altcoin that has potential since the bear market is currently in effect. You could consider investing in some of the top 50 altcoins on CMC. Don't forget to invest with spare cash and diversify your investment

[sulendra12]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

If you think you can't then would prefer to cut the losses and move to Bitcoin for your own sake.
Or with the big risk you can hold it when collapsed but it depends on how big the collapse is, it might take quite a while to reach the price back depending on how low it becomes when the event occurs.

I'd prefer to do stop loss and wait for a bit to buy if possible or do it in Bitcoin so I can recover it overtime. The strategy varies depends on every user in here.

[Vaskiy]

Investing when the market is at its downturn. Very few does it. Altcoin investment is very risky we can experience hard manipulation. With the leading altcoins it is quite low, but while we go for new projects we can experience hard manipulation which at times make our investment grow high or turn to nothing in no time.

So, we need to have the best decision while going with trusted altcoins in the market and have two plans while going for new projects. Only then it is possible to stay out of loss if our prediction goes wrong.

[Pamadar]

Investing when the market is at its downturn. Very few does it. Altcoin investment is very risky we can experience hard manipulation. With the leading altcoins it is quite low, but while we go for new projects we can experience hard manipulation which at times make our investment grow high or turn to nothing in no time.

So, we need to have the best decision while going with trusted altcoins in the market and have two plans while going for new projects. Only then it is possible to stay out of loss if our prediction goes wrong.

Trusting projects needs deeper understanding with how the developers are aiming for success, with the nature of this industry we always
need to have a good back up or alternative plan.

It's not easy but very possible to earn during the dump season if you know how to balance both your emotions
and your trust with your supported project, take time to learn and master how to play with both bear and bull
market.

[mich]

Well now is a nice time to stack up on some Ethereum. I think it is so cheap right now and we will see very large gains for profit when we get out of this 'bear market'.

When Bitcoin begins to pump so will ETH. ETH all time high is $4891 in November 2021. I think we will see this price again and now its $1678 so good time to enter if do not hodl any currently.