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Author Topic: Bitcoin or Altcoin hold, sell or trade??  (Read 1028 times)
Nunman (OP)
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February 11, 2023, 06:15:53 PM
 #1

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
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February 11, 2023, 09:19:16 PM
 #2

...Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

To understand how the market works and which coins to buy requires knowledge and experience that you do not have. It can definitely be said that trading is not for you and you have to accept it, otherwise you will continue to lose money. You need to retrain from a trader to a long-term investor. In this case, buy a time-tested bitcoin and do not mess with shitcoins.

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tjtonmoy
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February 11, 2023, 09:23:48 PM
 #3

It is hard to read, but I think I understood what you are trying to say. Basically, the market movements could be predicted through some technical analysis. You can predict the future of one crypto if you look at the price chart and see what it has been doing. What kind of formation is it making from a past chart data. To simply put it, you need to do some research on its past price candle behavior in order to know the future where it will go next.
As you are a newbie, I don't think you understand that too much. That's why you bought and the market fall. Same thing happened for the sell too. Although the market prediction could never be a 100% accurate, but you can get an idea and act accordingly.
Altcoins are just centralized shit if you ask me. They are controlled by people. Anything could happen to them at any time. So it is the best option to avoid them and focus mostly on Bitcoin as it is totally decentralized means it's not controlled by anyone, and you can keep your privacy safe.

As you are a newbie, I suggest you to HODL for now if you have invested already. But only Bitcoins and not all those crappy alts. It is not appropriate for me to give out advice to you, but that's all I can say. Keep HODLing and learn the basics and move towards the advance learning too. That way, when the bull run hits the market, you will have enough experience and knowledge with a lot of assets to start your trade.
But first, focus on DCA. It's dollar cost averaging. Learn about it and be sure to make a good use of it.

You need to learn HODL, sell and trade all together if you want to make a fortune in crypto world. Cheers.
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February 11, 2023, 09:29:44 PM
 #4

Looking forward to the opinion of the experienced.

In my experience most altcoins' price went down on long term. Some (very)few(!!!) altcoins can be interesting on short/medium term, but you have to be extremely careful/vigilent and find a good moment to leave them and convert to bitcoin (as newbie it's safer to just sell and never look back).
Bitcoin is just perfect. It has never disappointed me. However, you may want to DCA to not get caught by the price fluctuations.

And I will add something more, since you're newbie:
* don't keep too much money for too long at centralized exchanges (make sure you're aware of the withdrawal fees though), in case you use them
* make sure you understand how to keep safely your coins (consider hardware wallet) and your backup seed words

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February 11, 2023, 09:37:49 PM
 #5

~snip~
*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
^For altcoins sell, for BTC hold.
I never hold altcoins for a long period of time, they usually went down if there is no hype that happens. We know altcoins will usually have a massive price increase when it will be hyped. But later on, the price will drop, not like BTC, it is the safest investment. Trading in altcoins is very risky, it needs knowledge of it and good strategies, if you don't have these, get ready to face failure and losses. I rather go for DCA way of buying BTC and hold into my wallet.
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February 11, 2023, 09:43:47 PM
 #6

Hold with Bitcoin and trade with Altcoins.
This has been my strategy and so far it works, you should also consider the market condition before you create your strategy and before you execute your trade. Don’t just see the market blindly, see every opportunity and do what is right. The market is too big, there’s a lot of opportunity here to make profit even on a bear market. Hold, buy and sell, whatever you prefer just make sure you are ready for the risk.
palle11
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February 11, 2023, 10:05:16 PM
 #7

Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day.


Don't always dwell on this because it is not always the fact but other people have also assumed it the same way like you. It is just a coincidence that after you bought a coin then you notice it went down, nothing as if it was planned that happened but only that price movements is the reason. At some times also you see the price going your direction when you take an order. You can check your indicators properly to be sure of your direction and not just to gamble on price direction without proper chart analysis.
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February 11, 2023, 10:13:56 PM
 #8

The strategy might seem to be easy upon explanation or when being told in detail. But when you're actually doing it, you might feel anxious and have some fear.
You may not actually look at that price point of selling because you might feel that it's quite low and you want to wait for some more. And then, later on you'll miss the chance of selling and that's why it's sometimes hard to predict and get the right time to buy and sell and on this case, DCA really is the thing to do.

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February 11, 2023, 10:29:21 PM
 #9

The strategy might seem to be easy upon explanation or when being told in detail. But when you're actually doing it, you might feel anxious and have some fear.
You may not actually look at that price point of selling because you might feel that it's quite low and you want to wait for some more. And then, later on you'll miss the chance of selling and that's why it's sometimes hard to predict and get the right time to buy and sell and on this case, DCA really is the thing to do.
Well, there's no perfect way to do it for the first time. That's the lesson will come after you make a mistakes but if OP would be lucky he might not lost too much on a single try. Doing DCA on a bear market helps you a lot during the bull run since all of what you have had collected will rise in value. But I'll make sure that it's the right coin and not the shit coins somewhere that wouldn't have a value in long term.

Choose your investment wisely whether it's Bitcoin or altcoins but I'd rather choose to diversify my investment.

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February 11, 2023, 10:40:59 PM
 #10

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
I think buy low method is still working. If we bought at a discounted price but the price went below at your buying price, you should consider it as a opportunity because it's still a discount of discount. Everytime the price goes below the buying price, we should buy more.

You also have not to be a weak hand, when you are just buying Bitcoin or Altcoins in spot, you should not sold your tokens until you gain profit this. Spot is different from futures trading, you can hold it as much as possible cause there's no liquidation and you will lose if you sell it below the buying price.

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February 11, 2023, 11:31:08 PM
 #11

(.....)
Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
(....)
I can relate to this before. And this is the most lesson I am very amazed and adapted.
It's simple, don't marry your altcoins, if you can notice most of the altcoins in the past are just temporary, and in most of the cycles there are new altcoins that are on the top or popping and after that, during a bear market, most of these altcoins vanished. Only a few are left on the top or in the game.
I will rather be in Ethereum and Bitcoin than in other altcoins that are only here for hype.

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February 12, 2023, 03:37:43 AM
 #12

4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

for the long term, never to think about owning a lot of altcoins, it will lead you to investment losses. only believe in Bitcoin for the long term. and the decision to sell or hold it I think it all depends on your satisfaction. sell when you're satisfied, and you won't feel doubted when the price pumps higher. although sometimes it's disappointed that it didn't hold longer, but sometimes if you speculate for longer in the hand, you will actually miss it and head for a downtrend.
when you are profitable, and you feel satisfied, never regret your decision. start learning to accept the situation.



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February 12, 2023, 07:48:29 AM
 #13

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
You can go for bitcoin, but also you can go for altcoins. The problem is that you need to understand the market, but not only understanding the market that only matters, also understanding the coins to go for also matters. You can check the for good coins with good marketcap and go for them. If you buy today, the first think can be unrealized losses, never mind it, continue to hold and later you will be happy as long as there was a long bear market that almost seem like the crypto market will cease to exist which occur in 2022. Look for good coins to buy and later you will gain, but you will hold for long time.

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February 12, 2023, 07:59:07 AM
 #14

The strategy might seem to be easy upon explanation or when being told in detail. But when you're actually doing it, you might feel anxious and have some fear.
You may not actually look at that price point of selling because you might feel that it's quite low and you want to wait for some more. And then, later on you'll miss the chance of selling and that's why it's sometimes hard to predict and get the right time to buy and sell and on this case, DCA really is the thing to do.

Dear fellows pretty much agreed with your point. As OP considers BTC as the saving mode. Op is not sure about the savings type is it temporary or long run sometimes we save money for temporary times to use when needed then bro i am in doubt that OPs considering BTC as a saving mode is not good. The reason is simply it feels risky because money is important on needed time for OP what if the market drops by massive value then OP would have no choice except the Selling at Loss.

DCA is good for the Long RUN if you want to draw results from a short period of time then DCA might not be good for you.

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February 12, 2023, 07:59:52 AM
 #15

This is really wide subject to understand and adopt the skills for. Yes, skills are needed when you are in the crypto market. You can not just go into the market and enjoy the profits or be proud about it in the long run. The market as such is not easy stuff, you need to understand how it works. Those three pillars which you have mentioned above (Hodl, Sell, Trade) needs to be percolated deep down your veins to play around them.

Here is glimpse of my experience:

When I started the crypto I was doing my part time job and used to here about the crypto and specifically bitcoin from the staff around me as well as our clients that used hit the bar. Interestingly, there were people who used to talk only negative stuff about it and it was completely understandable at the time since there was not much of the wallets, no way to transfer bitcoin as quickly as we do today and all those issues.

But, in the crowd there is always someone who will give you that life turning lesson and if you keep following it then it can make amazing impression. For example, one of the group, sort of nerdy looking at their appearance and talks, were very much interested in the bitcoin and used to talk how bitcoin is going in the right direction. It is all about the time they said and made me think "should I get on the train? or should I regret about it later?"
Obviously I chose to invest a bit of my salary on bitcoin. Got it with localbitcoins and gave me cool feeling of owning my first ever bitcoin (something ~100 bucks worth initially and then later kept buying to reach 3K USD). Then came the year 2017, when bitcoin went off the chart window and way above sky, turning my investment radically high throughput.

I think that was the day or period when I understood importance of hodling bitcoin.

Next up, I sold most of the coins since it was good money for me and market was really volatile. I kept small portion in the bitcoin itself but soon after that hot wave turned down and we saw enormous downfall of the bitcoin That day, I realised selling at right time and when you have the opportunity, you should just take it. Moreover, I sold in FOMO condition and I never waited for my BEP to hit again. That was my lesson, if you want to hodl then you need to have god level patience within you.

Anyways, as far as trading concerned I do it for the trusted coins only and that too long term trades strictly.  I tried intraday, believe me it was horrible mistake and was not my type.

So whenever we are on the crypto market let us know about our own limits and interests.

If you are going to do anything here, then asses yourself and what you want basically. With the time things are going to get clear as you hodl and trade.
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February 12, 2023, 09:14:51 AM
 #16

If you have extra money for buying an asset better to grab the opportunity you are quite problematic because you don't have a time better to go for a long-term investment which gives you a good long run in the future for holding but if you have the capability to grab the opportunity every time there's a market changes regarding with the price you can go for a short  term trading still good thing if you plot a technical analysis to those position you would like to enter and don't forget to set a stop loss and take profit to prevent getting burn all of your assets.

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February 12, 2023, 09:27:28 AM
 #17

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.

You just need to know this, bitcoin is good for long term investment, the longer you hold, the bigger the profit will be. Altcoins are short term, meaning if you are already profitable, then you should take profits and never think it will grow further in the long time, altcoins are just pumped and dumped, nothing more and nothing less.

If you are skilled, then do your own analysis, you can trade with any coin as long as you see it as potentially profitable. If you are unskilled, stay away from trading as it is not as simple as buy and hold.

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February 12, 2023, 11:12:14 AM
 #18

I believe it is entirely up to you to choose whether to hold or sell because what works for me might not work for you, and your strategy for making a profit will differ from others'. However, it is a good idea to ask for others' opinions so you can pick up some knowledge that may be useful. You need to make an effort to stick to the strategy that works best for you. Although, altcoins are generally unreliable but they can be profitable. I will say  Bitcoin is safer to hold.

R


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February 12, 2023, 12:00:14 PM
 #19

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.

The reason why your altcoin dies is that the developer and owner leave it. That is the problem with some altcoins if you hold them in the long run, unlike bitcoin, which is a sure profit. That is why it is better to hold bitcoin than that altcoin. Also, your experience is that when you bought at that current price,  then it starts dropping. The meaning of this is that you didn't analyze the chart properly to determine where the entry point was, which is why you lost. You should have a strategy for when to buy so that you will minimize your losses.
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February 12, 2023, 01:03:51 PM
 #20

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
This is an open secret that only bitcoin is suitable for long term holding and 99% of altcoins are only for short term trading. If you are not ready to accept this fact then you cannot cope up in this cryptocurrency space. I also have tried to hold few altcoins for value appreciation and staking benefits but when value appreciation is not happening then there will be no point of staking them and most of the coins are not at all being traded in exchanges now.

For example, I was surprised when RDD coin was suddenly pumped over 200 satoshi then I started accumulated when it was available for cheaper but now trading around 1 satoshi per 1 RDD. I decided to invest and hold RDD because of its POS feature but when its value is only 1 satoshi, there will be no point of staking it regularly. But, BTC is doing all good and people who decide to hold it for years enjoying being rich today.

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February 12, 2023, 01:13:17 PM
 #21

JUST ZOOM OUT.
Zoom Out means investing for a longer period of time. Actually, when you do this, the probability of achieving gains is the highest, because investing in the long term is most likely profitable.


The matter does not apply to altcoins because it fails to achieve continuous demand and therefore will not succeed in keeping the price high.
Bitcoin does this due to its popularity, decentralization and real demand outside of exchanges.

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February 12, 2023, 01:53:10 PM
 #22

If you feel that when you sell bitcoin or altcoins and it turns out that the price has gone up even higher, it means that there is something wrong with your analysis. Your analysis should tell you that you must wait a bit and not rush to sell your coins. To anticipate something like that happening again, you must be more active in learning to analyze so you won't make the wrong decision when to buy and sell.

But if you want to hold for the long term, I'd suggest just holding bitcoins and forgetting altcoins because, as you said, many altcoins can't increase unless the coin has really big support. But you can still trade altcoins for the short and medium term and only hold bitcoin for the long term.

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February 12, 2023, 04:27:01 PM
 #23

Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Looking forward to the opinion of the experienced.
This scenario remains common amongst people who are often about the charts. Your always up there, trying to study every move and picture the profits you could make from them. Eventually, you get in after you thought you've carefully analysed the charts and it turns the other direction. This jas left most traders or investors think the market is after therr money, always watching to see when you come in and then, it goes the other way.

Well, best thing has been always yo keep off the charts. No need to be therr all the time. Altcpin investments might be one way to make 100x in our days but, 90% of the time, your in for a lose and that makes it a rather risky investment. I'll sell it with any pump.

Bitcoin remains the most reliable and what you would find me holding.

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February 12, 2023, 04:32:53 PM
 #24

JUST ZOOM OUT.
Zoom Out means investing for a longer period of time. Actually, when you do this, the probability of achieving gains is the highest, because investing in the long term is most likely profitable.


The matter does not apply to altcoins because it fails to achieve continuous demand and therefore will not succeed in keeping the price high.
Bitcoin does this due to its popularity, decentralization and real demand outside of exchanges.

For me looking a chart like this in long run more scary especially if I will just buy for the first time. It’s really not appetizing to by on a chart like that was already forming a concave downward. Luckily I’m one of those investors that manage to buy and hold on below 10K level which is way I can still buy at any price above 20K since I’m still in profit from my past investment.

The only thing that scares me right is when will this long term rising movement will shift trend.

.
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February 12, 2023, 05:19:23 PM
 #25

Definitely hodl man. Look at the graph above posted by @hugeblack, it tells the whole story about hodl. Ask the importance of hodling to guys who are legends here since the inception of bitcoin on the blockchain. Ask those who missed the opportunity of becoming millionaire or billionaire when they gave up their bitcoins on pizza, or waitress tip, and what not. There are stories as much as close to the year 2017-2020, the period when bitcoin shown highest jump in the history since beginning. I guess we have enough proofs in the long run when bitcoin has out-performed itself and gone to some another level heights and most importantly they took the "HODLER" with them to those heights. They were the true ones and those who are still having amazing patience with them.
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February 12, 2023, 06:26:58 PM
 #26

The strategy might seem to be easy upon explanation or when being told in detail. But when you're actually doing it, you might feel anxious and have some fear.
You may not actually look at that price point of selling because you might feel that it's quite low and you want to wait for some more. And then, later on you'll miss the chance of selling and that's why it's sometimes hard to predict and get the right time to buy and sell and on this case, DCA really is the thing to do.
Well, there's no perfect way to do it for the first time. That's the lesson will come after you make a mistakes but if OP would be lucky he might not lost too much on a single try. Doing DCA on a bear market helps you a lot during the bull run since all of what you have had collected will rise in value. But I'll make sure that it's the right coin and not the shit coins somewhere that wouldn't have a value in long term.

Choose your investment wisely whether it's Bitcoin or altcoins but I'd rather choose to diversify my investment.
Everyone is free to do strategies that they think are going to be perfectly fitting their investment style. So if you're for diversification, I just want to say that don't diversify that much and still choose the best that you think will contribute to your portfolio.

Dear fellows pretty much agreed with your point. As OP considers BTC as the saving mode. Op is not sure about the savings type is it temporary or long run sometimes we save money for temporary times to use when needed then bro i am in doubt that OPs considering BTC as a saving mode is not good. The reason is simply it feels risky because money is important on needed time for OP what if the market drops by massive value then OP would have no choice except the Selling at Loss.

DCA is good for the Long RUN if you want to draw results from a short period of time then DCA might not be good for you.
Yeah, short period for DCA might not really show the best results but I think someone can learn from that idea if they ever planned to go after the long term.
Test until it's proven to be good and suiting the investor or trader alone.

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February 12, 2023, 06:33:56 PM
 #27

JUST ZOOM OUT.
Zoom Out means investing for a longer period of time. Actually, when you do this, the probability of achieving gains is the highest, because investing in the long term is most likely profitable.


The matter does not apply to altcoins because it fails to achieve continuous demand and therefore will not succeed in keeping the price high.
Bitcoin does this due to its popularity, decentralization and real demand outside of exchanges.

Till today only bitcoin is fully decentralized and secure cryptocurrency available. Alts may be scalable but they have issues of decentralization and security. Success in Bitcoin investment doesn't come overnight rather it take times time. I am one of biggest fan of Bitcoin DCA and if you see stats of Bitcoin DCA that are spread over time then one can see how profitable it is.
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February 12, 2023, 08:15:20 PM
 #28

Hold with Bitcoin and trade with Altcoins.
This has been my strategy and so far it works, you should also consider the market condition before you create your strategy and before you execute your trade. Don’t just see the market blindly, see every opportunity and do what is right. The market is too big, there’s a lot of opportunity here to make profit even on a bear market. Hold, buy and sell, whatever you prefer just make sure you are ready for the risk.
Or vice versa? When we say trade, it doesn't mean to permanently replace the coin but we can always re-buy it again. Im talking about mostly BTC here but for altcoins. I think selected only. Many of them doesn't have a replay value anymore so we must dispose them before they take their revenge and scammed us later on.

You said creating a strategy depends on the market condition but you forgot to say if on what market conditions your strategy will do better? Is it on a bear market or maybe in the bull one? But it would also be better to have more than one strategy so that we won't idle our funds and we can still move continuously.

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February 12, 2023, 08:40:18 PM
 #29

The best coin to buy and hold at all time is bitcoin, but this does not mean that every other altcoin out there is not good, there are still some strong altcoins that are also very good to buy and hold for future profit, but the problem is how to really identify such altcoins aside from Ethereum and BNB which are already successful projects.
It is actually best to buy bitcoin instead, any time you are confused on what coin to buy, cus this is when the most mistakes are made.

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February 12, 2023, 08:50:42 PM
 #30

in bitcoin investment then Holding now is the best decision. but that's for me. but for Altcoins then there is no compelling reason to hold them long term. especially if we don't see strong fundamentals in the altcoins we buy. for altcoins we prefer to sell when we have made a profit. As for the cause of your problem about the price actually increasing when you sell it is caused by many factors. but I think it's because we don't understand technical analysis such as support and resistance. because if you already understand then we can be better at making decisions when selling and buying. because there is some sort of breakout confirmation or something. because I also experienced the same experience when I did not understand this. even I'm not proficient until now. and still have to learn.

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February 12, 2023, 09:54:15 PM
 #31

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
If this is about Bitcoin, I will surely make Bitcoin a long-term holding. However, if we see the current market. It is still in the bearish era. So, it will be very worthy if we can add more amount to hold for a bullish period later. But if we are going to invest in altcoins, we must know which altcoins they are. if this is about new projects, big no, I will only use them for trading short term. So, I can take profits every time I see higher prices. Holding new altcoins is a very high risk, it will be like gambling in which we don't know much if they can grow and survive or not.
But if it is about top altcoins like Ethereum and BNB, I will consider them to make long-term investments, too.

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February 12, 2023, 11:03:22 PM
 #32

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
You can do all of this, because in cryptomarket there's a lot of opportunity all you have to do is to analyze and have a plan.
I do hold and trade Bitcoin for a specific reason, either to take profit or to catch-up with the market.

Also, you can do sell and trade with the altcoins don't just limit yourself with Bitcoin, its ideal to hold Bitcoin but you can always trade with the altcoins. DCA is also a good strategy if you want to hold more Bitcoin, sure the price will be more cheaper in a bear market but once its over you can expect and expensive Bitcoin which makes your holdings more worth it.
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February 12, 2023, 11:07:21 PM
 #33

The best coin to buy and hold at all time is bitcoin, but this does not mean that every other altcoin out there is not good, there are still some strong altcoins that are also very good to buy and hold for future profit, but the problem is how to really identify such altcoins aside from Ethereum and BNB which are already successful projects.
It is actually best to buy bitcoin instead, any time you are confused on what coin to buy, cus this is when the most mistakes are made.

bitcoin is the preferred crypto to hold by many because you can't go to zero with this investment. it may go down to your buy level but if you can wait, it can easily recover its price. with alts, aside from ETH and BNB, it is quite hard to decide as you need time and at least your own evaluation on these alts. you have to understand that keeping up with the progress on each alt you want to invest is advisable as you will get insights on where the coin is heading to.

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February 12, 2023, 11:33:38 PM
 #34

The best coin to buy and hold at all time is bitcoin, but this does not mean that every other altcoin out there is not good, there are still some strong altcoins that are also very good to buy and hold for future profit, but the problem is how to really identify such altcoins aside from Ethereum and BNB which are already successful projects.
It is actually best to buy bitcoin instead, any time you are confused on what coin to buy, cus this is when the most mistakes are made.

bitcoin is the preferred crypto to hold by many because you can't go to zero with this investment. it may go down to your buy level but if you can wait, it can easily recover its price. with alts, aside from ETH and BNB, it is quite hard to decide as you need time and at least your own evaluation on these alts. you have to understand that keeping up with the progress on each alt you want to invest is advisable as you will get insights on where the coin is heading to.
Always DYOR and this is the main thing that you should always consider out when making an investment and considering out on choosing altcoins or tend to decide to deal up with.Its true that it is more worth if you do focus more on Bitcoin which does somehow give out that assurance when it comes on making profits for long term considering on how much trust and confidence where the community is been putting on. Although you cant really be that so sure in speaking about risk because there's always lies ahead and its something that you cant really be able to assure out.So only always invest on the amount which you can afford to lose.
Some people arent really that too satisfied on staying up on one place and this is why they do really consider out on investing with other viable options which is to touch up with altcoins as well.

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February 13, 2023, 12:53:36 PM
 #35


*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
Hold bitcoin because it will surely be here in the next 5yrs to say. But some altcoins you see today may not survive for 2yrs only.
Sell any coin that is hyped and pumping. When you benefit from one pumping, then sell it and go with your money.
Trade any coin you want. Bitcoin pair trade doesn't move. You can trade with alcoins to get a better movement.

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..BUY/ SELL CRYPTO..
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February 13, 2023, 03:32:20 PM
 #36

For Bitcoin, I'd hold it for the long term. And if I want to sell for a big profit, I have to wait until the price can reach a new ATH or at least a little below ATH. And previously, I've gotten it at ATH several times, making me want to get the next big profit.

But for altcoins, I will buy it when the price is at its lowest point and that has happened before. And sell it when the altcoin season comes. Maybe this will be a short and medium term strategy because some altcoins can survive into the medium term while others will decline drastically and wait a long time to increase again or even disappear from the market.

.
SPIN

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February 13, 2023, 04:50:16 PM
 #37


*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
Hold bitcoin because it will surely be here in the next 5yrs to say. But some altcoins you see today may not survive for 2yrs only.
Sell any coin that is hyped and pumping. When you benefit from one pumping, then sell it and go with your money.
Trade any coin you want. Bitcoin pair trade doesn't move. You can trade with alcoins to get a better movement.

If you are looking for long term investment then bitcoin must be your first and foremost choice. If you see historical price chart of bitcoin then its evident that only bitcoin gives good return over the period of time. Can you name any alt coin that has same ROI like Bitcoin?
Secondly, surviving in crypto market is not an easy thing. There are many alt coins (like aeternity) that were once doing good but now are 'done and dusted'.
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February 13, 2023, 05:45:28 PM
 #38

Definitely bitcoin is the best option, I will buy and hold it until I am ready to sell it. I mean anytime I'm ready to sell it when the bitcoin price goes up but that's not what I mean but hold it for a very long time and then sell it. Honestly I don't have any thoughts right now of selling bitcoins in the near future, instead I keep increasing my bitcoin amount when I have the amount of money to buy it. This doesn't mean I did it without basis, but I have calculated carefully before I decided to continue buying bitcoins, especially when bitcoins were below 20k.

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February 13, 2023, 06:38:41 PM
 #39

Honestly I don't have any thoughts right now of selling bitcoins in the near future, instead I keep increasing my bitcoin amount when I have the amount of money to buy it. This doesn't mean I did it without basis, but I have calculated carefully before I decided to continue buying bitcoins, especially when bitcoins were below 20k.
Yeah, bitcoin got proven strong fundamentals which leads us not to sell it at any near future. When we hold bitcoins for years then probably we never need to sell it but we can direct spend it similar to our fiats. So, the case of bitcoin must be unique hence there will be no point of comparing it with altcoins which are only good in short term and then we must need to sell to see any profits out of it.

Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss.
I am not ready to believe this. If you have bought bitcoins this year then it must have grown and if you have bought last year then you must have got long term holding plans. Never invest into anything without analysing its fundamental; otherwise you may need to blame your luck.

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February 14, 2023, 04:14:46 PM
 #40

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
that's why many people say that trading is not as simple as selling at high prices and buying at low prices.

If you really pay attention to this, then you will find many methods to analyze the prices of bitcoins and altcoins. in fact, we also need to speculate on price movements in order to avoid deeper declines and cut losses. Maybe if you hold bitcoin or a popular altcoin, it might not be as big a problem if you hold it for a long time, and the price goes down. the problem is if you don't do research on the altcoin you choose to hold for a long period of time and the price goes to zero. this also happened to me. This made me realize that every decision we make in trading, whether it's buying, selling, trading, or holding, requires speculation and in-depth research.

.SUGAR.
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February 14, 2023, 05:33:38 PM
 #41

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
Hold sell and trade is the best way to earn in crypto just choose the best coin to hold and wait till market condition become more better and sell while you are holding you can also do trading and earn everyday or every week it depends on you, there are a lot of ways to earn in crypto just do the right strategy and have patience to avoid loss.


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February 14, 2023, 07:05:42 PM
 #42


that's why many people say that trading is not as simple as selling at high prices and buying at low prices.

Anyone will tell you that trading is not as simple as one might think.
Trading is very complex and has many decisions to be made.

Quote
~snip~ the problem is if you don't do research on the altcoin you choose to hold for a long period of time and the price goes to zero. this also happened to me. This made me realize that every decision we make in trading, whether it's buying, selling, trading, or holding, requires speculation and in-depth research.

OP's mistake was not holding Bitcoin or Altcoin which already had good development. OP holds altcoins that are not clear how they developed to zero when held for several years. Try if 4 years ago OP held bitcoin, held and sold at this time, of course OP would have a lot of profit exceeding the capital he used. It is necessary to do research in order to know the future potential of the coin to be selected.
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February 14, 2023, 09:02:42 PM
 #43

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
You understood the concept but failed to execute it in the right way, let's skip altcoins which may be 100 dollars today and it will become zero overnight but bitcoin is something different and you can trust it, it is also not exceptional to the volatility that we are talking about but if you are patient enough to hold it until the right time arrive you can make money then wait for the dip then buy and keep repeating the cycle.









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February 14, 2023, 09:16:32 PM
 #44

~~
In my personal opinion, I always think that holding alt-coin for long-term trading will never be a wise decision for trading.  Yes it's true that there have some exceptionals  Still I think why take risks of investing in alt coins when there are better options for trading bitcoin.
Even then, if you want to invest in alt-coin then I would say to take short term trading strategy for it. I think holding alt coins should be sold to save more percentage of the fund even at a loss. So for  profit and security of fund *hold bitcoin and *buy bitcoin and *sell bitcoin.

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February 14, 2023, 09:31:01 PM
 #45

Nobody will like to hold altcoins for long time because it's obvious that Bitcoin have long duration while altcoins always give off on the way due to it's potentiality, altcoins is good for short term investment but the process of long term investment it can die off during the long term stay. So if you want to invest on altcoins i will advice you to buy when the market is in bullish, but anything exception of that for altcoins investment their is every tendency that it's won't survive bearish but bullish they will be more advantages.

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February 14, 2023, 10:01:03 PM
 #46

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
Altcoins are easy to turn into zero, especially meme coins that do not have an actual project and clear goals. There are many altcoins in the market, but you need to fill your wallet with promising altcoins and invest your money in them, not altcoins that appear a little and fade with time. For me and most traders and investors, Bitcoin is the safe coin in the market, which increases in value and acquisition over time. You need to gain enough experience and use strategies and review the events that influence Bitcoin prices. Hence, you know when to buy and when to sell. Holding bitcoin in the long term is the best decision for me, as we are waiting for the halving and the bull run to make us ride the bullish wave. Robert Kiyosaki, the famous author, and investor, also predicted that the price of bitcoin would explode by 2025 after the end of the fall and after the Federal Reserve printed billions of dollars to achieve stability in the market. So I am optimistic and patiently waiting.

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February 14, 2023, 10:49:40 PM
 #47

Altcoins are easy to turn into zero, especially meme coins that do not have an actual project and clear goals. There are many altcoins in the market, but you need to fill your wallet with promising altcoins and invest your money in them, not altcoins that appear a little and fade with time. For me and most traders and investors, Bitcoin is the safe coin in the market, which increases in value and acquisition over time. You need to gain enough experience and use strategies and review the events that influence Bitcoin prices. Hence, you know when to buy and when to sell. Holding bitcoin in the long term is the best decision for me, as we are waiting for the halving and the bull run to make us ride the bullish wave. Robert Kiyosaki, the famous author, and investor, also predicted that the price of bitcoin would explode by 2025 after the end of the fall and after the Federal Reserve printed billions of dollars to achieve stability in the market. So I am optimistic and patiently waiting.
"Altcoins could easily turn into zero", ilike the sound of that.
The only goodnews I can say is there in altcoins is the cost, which is relatively cheap and how easy it is to have it confirmed on whatever blockchain it's built on. Aside from these, the risks in altcoin investments is just so much. The level of predictability is almost zero and it makes the mark rather easily. Here, I can't say anyone has an edge as to predictability but still, you can have your go at it with what you can afford to lose and always take profit or cut your lose.

Bitcoin is the definitely something to hold on to. It offers some securities but again, we've someworth hedge the bullrun with the halving due to records. Even I is guilty of this but, can the trend change and what becomes of this sentiment in the event that it does. I've seen this before and haven't to have the point highlighted again has got me thinking to myself on it again.

R


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February 14, 2023, 11:49:21 PM
 #48

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
This is why it is really that important you do set up goals or targets on your altcoin holding.When you do diversify your portfolio on altcoins then you should really be aware that you are really that spreading off the risk because we know that we are scattering our capital which means that you are really that spreading the risks but of course same goes or likewise when it comes to earning opportunity.If you are really that targetting on accumulating bitcoin as much as you could then you would really be focusing on it and wouldnt really be minding on spending it out to make out some conversion against other altcoins.
So its a personal choice on the time you do make out such step whether you would really be diving in or would really be skipping out the opportunity that you are seeing.

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February 15, 2023, 02:26:19 AM
 #49

This is why it is really that important you do set up goals or targets on your altcoin holding.When you do diversify your portfolio on altcoins then you should really be aware that you are really that spreading off the risk because we know that we are scattering our capital which means that you are really that spreading the risks but of course same goes or likewise when it comes to earning opportunity.If you are really that targetting on accumulating bitcoin as much as you could then you would really be focusing on it and wouldnt really be minding on spending it out to make out some conversion against other altcoins.
So its a personal choice on the time you do make out such step whether you would really be diving in or would really be skipping out the opportunity that you are seeing.
From what I understand it sounds like the OP is only really interested in profit instead of the technology behind it. Granted that was never a problem and now he needs to understand how the market works for each time frame.

I agree that portfolio diversification is a good option to minimize risk. But at the same time that the OP decides to pick some non-potential altcoins then that's when he has increased the risk of a crash in the long term. Bitcoin is the single most potent asset, while several other altcoin are also good for attention. I understand that altcoin are also profitable instead of just bitcoin, but it just depends on one's interests and investment goals.

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February 15, 2023, 03:52:01 AM
 #50

Quote from: Nunman
My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.

Yes, that is the best way to make a good profits from Bitcoin investment and to become a great man in the community when the price is high in the market.  Buy when the price is low in the market is another way of preparing for a great future, because you will do everything possible to hold like 2 or 3 years for the price of Bitcoin to increase higher in a way you will achieve double incomes from your long term investment. It will be a good decision if you can buy potential coins now and hold, because their price is still low for investors to buy as much they want in this period and hold to see what will happen soon in the market.

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February 15, 2023, 03:56:47 AM
 #51

From what I understand it sounds like the OP is only really interested in profit instead of the technology behind it. Granted that was never a problem and now he needs to understand how the market works for each time frame.

I agree that portfolio diversification is a good option to minimize risk. But at the same time that the OP decides to pick some non-potential altcoins then that's when he has increased the risk of a crash in the long term. Bitcoin is the single most potent asset, while several other altcoin are also good for attention. I understand that altcoin are also profitable instead of just bitcoin, but it just depends on one's interests and investment goals.

Portfolio diversification may work best in Stock where you have so many stocks of same potential. But in case of crypto market there is not any single crypto that is close of bitcoin. That's why bitcoin is still the best option for investment.
You may invest small portion of your capital in smart alts that can give you good return in short interval (like Polygon these days is a hit) but major chunk of your capital must be in bitcoin like 80:20.
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February 15, 2023, 05:18:01 AM
 #52

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
respecting your decision , but will stay in the old but effective strategy in which "Buy Low , Sell High" if fails then continue Holding.

those are still the best for me no matte how you explain the market because that is how I experienced this market over the years.

and I will stay taking the chance and opportunity if given.

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February 15, 2023, 06:51:58 AM
 #53

From what I understand it sounds like the OP is only really interested in profit instead of the technology behind it. Granted that was never a problem and now he needs to understand how the market works for each time frame.

I agree that portfolio diversification is a good option to minimize risk. But at the same time that the OP decides to pick some non-potential altcoins then that's when he has increased the risk of a crash in the long term. Bitcoin is the single most potent asset, while several other altcoin are also good for attention. I understand that altcoin are also profitable instead of just bitcoin, but it just depends on one's interests and investment goals.

Portfolio diversification may work best in Stock where you have so many stocks of same potential. But in case of crypto market there is not any single crypto that is close of bitcoin. That's why bitcoin is still the best option for investment.
You may invest small portion of your capital in smart alts that can give you good return in short interval (like Polygon these days is a hit) but major chunk of your capital must be in bitcoin like 80:20.
healthy diversification indeed places the most secure coins in the largest portions and other altcoins with smaller portions according to each other's thoughts. that way it will maintain our level of security with a smaller risk. on the other hand by placing capital in some altcoins it will make our profits expected to be greater, considering that the increase in altcoins will usually be greater than in bitcoin

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February 15, 2023, 07:22:34 AM
 #54

past year in the case of 1 coin invest $1000, this coin price today zero.
That's the biggest risk of owning altcoins, the price can be zero and why are there still many who are still interested in altcoins because the profits get can also be said to be comparable because sometimes altcoins can provide big profits or vice versa big losses. If you don't have good knowledge of technical analysis, then saving Bitcoin for the long term will be more suitable because we just have to buy it and keep adding it, especially now that the price can be said to be cheap

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February 15, 2023, 11:27:25 AM
 #55

...
Looking forward to the opinion of the experienced.
Allocate a huge share of your investment capital to Bitcoin than Altcoins because as I've experienced, altcoins prices usually decline in the long run, unlike Bitcoin that which is consistently growing high.
Buy more as long as you can still afford but don't exceed to the limit. Honestly, even if you only have a small capital to start but if you are buying potential coins during the bear season and hold, you can really become profitable when selling them during Bullrun. It was indeed needed for you to analyze the market as well for this will give you the hint as to what you do next.

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February 15, 2023, 11:30:45 AM
 #56

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.

The reason why your altcoin dies is that the developer and owner leave it. That is the problem with some altcoins if you hold them in the long run, unlike bitcoin, which is a sure profit. That is why it is better to hold bitcoin than that altcoin. Also, your experience is that when you bought at that current price,  then it starts dropping. The meaning of this is that you didn't analyze the chart properly to determine where the entry point was, which is why you lost. You should have a strategy for when to buy so that you will minimize your losses.

Not actually a sure profit but rather a best option to have in terms of investment choice. Those alts are prone to dumps especially when the dev create it is a scammer so we will left don't have a choice but to bag hold it. Much better to have  bitcoin and hold it for long term because it was proven that pumps comes with it for more years but we need to strengthen up our believes since we surely encounter to many challenges like corrections which also always happen.

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February 15, 2023, 02:05:13 PM
 #57

From what I understand it sounds like the OP is only really interested in profit instead of the technology behind it. Granted that was never a problem and now he needs to understand how the market works for each time frame.

I agree that portfolio diversification is a good option to minimize risk. But at the same time that the OP decides to pick some non-potential altcoins then that's when he has increased the risk of a crash in the long term. Bitcoin is the single most potent asset, while several other altcoin are also good for attention. I understand that altcoin are also profitable instead of just bitcoin, but it just depends on one's interests and investment goals.

Portfolio diversification may work best in Stock where you have so many stocks of same potential. But in case of crypto market there is not any single crypto that is close of bitcoin. That's why bitcoin is still the best option for investment.
You may invest small portion of your capital in smart alts that can give you good return in short interval (like Polygon these days is a hit) but major chunk of your capital must be in bitcoin like 80:20.

Right, investing in 1 or more altcoins is not called diversification because the entire market depends on the movement of bitcoin. Most trash altcoin projects die after a while, so it can't be called diversification when investing in altcoins.

For altcoins, it's a game, altcoins are a pump and dump market, and there is no technology in this crypto market. It's all just an excuse to hype projects and then die. That's why altcoins should not be considered long-term investments.

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February 15, 2023, 05:59:46 PM
 #58

As an experienced trader, I believe investing in Bitcoin is a wise decision. Bitcoin has established itself as a reliable and secure coin, unlike many altcoins that fail to meet their goals and are prone to becoming worthless. For long-term profits, it's crucial to research promising altcoins and invest in them wisely. Keeping up with events that can impact Bitcoin prices and using smart strategies to decide when to buy or sell can make a significant difference. In my experience, holding Bitcoin in the long term is the best option as we wait for the halving and bull run to come around again. I also agree with Robert Kiyosaki's prediction that Bitcoin's price will explode by 2025 and patiently await the market to stabilize to make a profit. In the trading world, there is no one-size-fits-all approach. Instead, it's crucial to gain enough experience to make the best decisions for you. With patience, knowledge, and research, you can ensure a profitable trading experience.
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February 15, 2023, 07:58:43 PM
 #59

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.

Cryptocurrency is volatile and there will be times when you feel like the market is against your trading activities. The best thing to do is to learn how to deal with the risks of the market so you would know the perfect timing on when to buy and when to sell.
As for me, if your target is to gain a bigger profit with Bitcoin, just trade with altcoins and buy Bitcoin so you'll have good preparation when the bull market approaches. Try to focus on Bitcoin and accumulate more through your profit in altcoin trading.
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February 15, 2023, 08:48:51 PM
 #60

past year in the case of 1 coin invest $1000, this coin price today zero.
That's the biggest risk of owning altcoins, the price can be zero and why are there still many who are still interested in altcoins because the profits get can also be said to be comparable because sometimes altcoins can provide big profits or vice versa big losses. If you don't have good knowledge of technical analysis, then saving Bitcoin for the long term will be more suitable because we just have to buy it and keep adding it, especially now that the price can be said to be cheap
There’s always a risk, so its better to trade with a plan and know when to buy and sell with this, you can actually maximize the opportunity in the market and be good at trading. You can always hold, buy and sell any crypto that you want base on your analysis, there is no limit on that just do your necessary analysis to know of you’re doing things right or your investing decisions are not that good which can result to some losses for you. Hold good crypto until the next bull run, you’ll see its worth it.

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February 15, 2023, 08:55:58 PM
 #61

If you have to choose between bitcoin and alt coin for long term trading then I would like to suggest you to select bitcoin, bitcoin is best and secure coin not only for long time hold but also for short time trading. Even then if you want to do trading in alt-coin then I would like to suggest you select the top coin from alt-coin for only short time trading it is very risky to do long term trading in alt-coin.
Even then at the end of the day alt coin is never a safe investment, its example is not only your post but many such incidents have already happened.


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February 15, 2023, 11:43:03 PM
 #62

If you have to choose between bitcoin and alt coin for long term trading then I would like to suggest you to select bitcoin, bitcoin is best and secure coin not only for long time hold but also for short time trading. Even then if you want to do trading in alt-coin then I would like to suggest you select the top coin from alt-coin for only short time trading it is very risky to do long term trading in alt-coin.
Even then at the end of the day alt coin is never a safe investment, its example is not only your post but many such incidents have already happened.
Bitcoin and other top altcoins like ETH or something that sits around on top 10 in ranking in CMC which you could somewhat guild up that kind of confidence that you are putting your money into something which does
have strong and huge community which you could really tell and say that it would really be good for more longer years to come but of course it would be always accompanied with certain risk.
Not all does really have the patience to hold for long and this is why they do decide on dealing up with short term trades.So this is an another story to make since
we do have different goals and targets when it comes into our crypto investment.

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February 16, 2023, 08:00:25 AM
 #63

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss.
This is a common "feature" of the market, dont think of it as a problem. Say you have a certain number of bitcoins to sell, when the price crosses your selling point, sell a fraction of that if you anticipate more highs. Then once it slows near another high, sell some more.

Similarly when the price is going down and you have fiat at hand, spend a fraction and wait for the next low. At point point you will run of fiat to spend when you need to stop and wait.

Quote
4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
What you bought four years back must have been some altcoin, which I always tell newbies to avoid. Cant help it now, you have to either keep holding it in hopes that it might come back up or cough up more money to invest anew, and this time keep it limited to bitcoin.

R


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February 16, 2023, 12:19:49 PM
 #64

If you have to choose between bitcoin and alt coin for long term trading then I would like to suggest you to select bitcoin, bitcoin is best and secure coin not only for long time hold but also for short time trading. Even then if you want to do trading in alt-coin then I would like to suggest you select the top coin from alt-coin for only short time trading it is very risky to do long term trading in alt-coin.
Even then at the end of the day alt coin is never a safe investment, its example is not only your post but many such incidents have already happened.
Bitcoin and other top altcoins like ETH or something that sits around on top 10 in ranking in CMC which you could somewhat guild up that kind of confidence that you are putting your money into something which does
have strong and huge community which you could really tell and say that it would really be good for more longer years to come but of course it would be always accompanied with certain risk.
Not all does really have the patience to hold for long and this is why they do decide on dealing up with short term trades.So this is an another story to make since
we do have different goals and targets when it comes into our crypto investment.
Investing in cryptocurrency like Bitcoint and ETH can be a roller coaster ride, ya'll! The communitie behind the coin is importent, sure, but let's not forget that all investment come with a level of risks. As a trador, it's cruical to identify your own investment goals and risk tolarence and devlop a strategy that aligns with them. Do you prefer short-term trades, or are you in it for the long hole? It's all about findin' your groove, baby. Personally, I'm all 'bout diversifyin' my portfolo with a mix of differnt cryptocurrencies. That way, if one coin takes a hit, it won't completly wreck my gains. But let's keep it real, folks - the crypto world moves fast, so we gotta stay on our toes. Just look at what happened when China baned mining and tradin' activites - Bitcoin prices took a dive. When somethin' like that goes down, it's essentail to stay cool and collected, reasess your investment plan, and make informed decisons based on your goals and risk tolarence. Don't let the market shake you, stay woak and stay invested!
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February 16, 2023, 03:53:01 PM
 #65

I would say hold and bitcoin. I know that it was sell or trade, but I would not sell and rather not trade, and I would rather pick bitcoin over all others. Why do you think that bitcoin is at the top right now and bigger than all the other coins, at times even bigger than all the other coins combined? That is because it is the best one and why would I prefer something that is worse than something else?

I would rather pick something that is better than all the other options and bitcoin is better than all the other options. In this case holding makes me profit because why not hold the thing that is the best out there for as long as possible, that sounds like a good investment.

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February 16, 2023, 04:52:17 PM
 #66

for Bitcoin I prefer to just buy and hold it. because Bitcoin is suitable for long-term investment. But it's different with Altcoins. although there are some altcoins that do have good potential if held for the long term. but I prefer to trade altcoins with short-term trading (scalping). or I buy when the hype is about to happen and release it when the hype is almost over. but if we want to become a fairly reliable crypto trader. then of course we have to learn more about all kinds of analysis and also have to master psychology in trading. common sense should always take the lead in trading activity. don't let our emotions lead our bodies when we are trading. because emotions sometimes contradict common sense. Excessive fear and greed are the factors that make traders experience the most losses.

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February 16, 2023, 05:00:47 PM
 #67

If you have to choose between bitcoin and alt coin for long term trading then I would like to suggest you to select bitcoin, bitcoin is best and secure coin not only for long time hold but also for short time trading. Even then if you want to do trading in alt-coin then I would like to suggest you select the top coin from alt-coin for only short time trading it is very risky to do long term trading in alt-coin.
Even then at the end of the day alt coin is never a safe investment, its example is not only your post but many such incidents have already happened.

Remember mate, where there is risk, there the profits are also high. But along with high profits, the risk also increases. So decide according to your need and capabilities. If you have sufficient money and don’t care if you lose some, then altcoins investment are best to make quick money. But if you care about your hard earned money and want a safe and stable investment with little percentage of returns, then Bitcoins are the best. Now your money, your choice. Decide which one’s the best. And at last don’t be greedy.

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February 16, 2023, 05:07:47 PM
 #68

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.

If you really knew about the market, you would understand why the market goes down. A trader needs to have knowledge about the market to trade crypto, so that such common questions do not cross your mind.

Because those who do crypto trading are well aware of how volatile this market is, and know the future potential of Bitcoin and short-term changes in Bitcoin do not affect them. So make a strategy and try to trade in the market which will clear your confusion.

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February 16, 2023, 09:04:19 PM
 #69

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss.
This is a common "feature" of the market, dont think of it as a problem. Say you have a certain number of bitcoins to sell, when the price crosses your selling point, sell a fraction of that if you anticipate more highs. Then once it slows near another high, sell some more.

Similarly when the price is going down and you have fiat at hand, spend a fraction and wait for the next low. At point point you will run of fiat to spend when you need to stop and wait.
I think that is trailing stop or something, I forgot what it was called. I agree that it would be smart to get out portions when it goes up, that way you could definitely get out with some of your money in tact, but also stay in with some of it still going up. You should be both careful but also willing to take some risks to do this, and not many people realize that.

I know it sounds like something that people are not really that much capable of, just by looking at the market and the complaints and outcries of people whenever it drops a bit. There are too many people who stupidly still buy when it goes up, and cries when it goes down from that top.

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February 18, 2023, 08:18:20 AM
 #70



Hold sell and trade is the best way to earn in crypto just choose the best coin to hold and wait till market condition become more better and sell while you are holding you can also do trading and earn everyday or every week it depends on you, there are a lot of ways to earn in crypto just do the right strategy and have patience to avoid loss.
Trading with altcoins is certainly one of the right ways to get passive profits by taking advantage of the ups and downs of market price movements, especially for people who already have enough experience and knowledge about a very volatile market.
But in my opinion it is not recommended if you plan to hold altcoins for the long term because so far if we pay attention to the average altcoin not being able to maintain its price in a bear market even some of them are usually worthless during bearish periods, only bitcoin is the only coin which is good for us to hold onto in the long run.

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February 18, 2023, 08:28:16 AM
 #71

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
It is very difficult to be successful in every singsingle day trading and understanding the current market conditions, so always focus on those coins which have a good future and invest in those coins and hold them for a long time.  In that case Bitcoin, Ethereum are the most potential coins. The value of Bitcoin and Ethereum is unlikely to go to zero and may see major corrections at times but they will not completely depress you. but here long time holding has the potential to give a big profit



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February 18, 2023, 10:02:04 AM
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 #72


 What stage are we in the market?
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February 18, 2023, 11:25:33 AM
 #73

Code:
[url]https://i.imgur.com/nf6dwxo.jpg[/url]
What stage are we in the market?
I've gone through all the stage in the image, and I'm still holding bitcoin until now. I no longer care what the market is like, I just believe buying gradually and holding is the best choice in the long term. We have been through the depression stages for 2022, and now the market is starting to appear to be recovering to encourage more confidence.

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February 18, 2023, 04:40:34 PM
 #74

which coins you hold? I think that choosing best coins is also necessary for the fruitful results because if you put money into the coin which have no future and has never gave benefits to the users in past then it's become very hard to achieve financial benefits.

As you pointed about bitcoin so every person has its own thoughts and every person thinks differently so I prefer bitcoin and it always allow outstanding solution to its holders.

Yes exactly price fluctuates but it does not refer to the fact that it will persists long and long but may be in few months it again recovers for the enhancement of your position.

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February 19, 2023, 07:04:17 AM
 #75

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

You're not alone, it happens to everyone, here's something I tried and it worked out for me. I don't buybaok my coins at once and neither do I sell all my allocation am the same time too. I sell them gradually or I buy gradually. When I do this, it doesn't matter how the market wants to play her game, I'll still benefit. If the prices dump after buying that's fine I have spare funds to buy more.

Same thing if he price rises after I sell, I have some coins left that I can sell in the future. The market always plays this trick on everyone but you have to make out a way so the market doesn't make a fool of you always, you can just hold and avoid all this and when you're in profit you leave the market totally.

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February 19, 2023, 08:17:45 AM
 #76

If you have to choose between bitcoin and alt coin for long term trading then I would like to suggest you to select bitcoin, bitcoin is best and secure coin not only for long time hold but also for short time trading. Even then if you want to do trading in alt-coin then I would like to suggest you select the top coin from alt-coin for only short time trading it is very risky to do long term trading in alt-coin.
Even then at the end of the day alt coin is never a safe investment, its example is not only your post but many such incidents have already happened.
Long term trading? That would be scalping. Bitcoin and top altcoins are better. Many altcoins can just be shit coins is the problem and they may not follow the market direction. To use bitcoin or the high market cap alt depends on the leverage that you want to use. I can use up to 3x for bitcoin, but I prefer to use 1.5 to 2x for altcoins. Some people may use high leverage for altcoins, altcoins are more volatile and that makes liquidation more possible with altcoins.

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February 19, 2023, 09:53:34 AM
 #77

If you have to choose between bitcoin and alt coin for long term trading then I would like to suggest you to select bitcoin, bitcoin is best and secure coin not only for long time hold but also for short time trading. Even then if you want to do trading in alt-coin then I would like to suggest you select the top coin from alt-coin for only short time trading it is very risky to do long term trading in alt-coin.
Even then at the end of the day alt coin is never a safe investment, its example is not only your post but many such incidents have already happened.
Bitcoin and other top altcoins like ETH or something that sits around on top 10 in ranking in CMC which you could somewhat guild up that kind of confidence that you are putting your money into something which does
have strong and huge community which you could really tell and say that it would really be good for more longer years to come but of course it would be always accompanied with certain risk.
Not all does really have the patience to hold for long and this is why they do decide on dealing up with short term trades.So this is an another story to make since
we do have different goals and targets when it comes into our crypto investment.

I will only agree with you that only Bitcoin and Ethereum are suitable for long term investment, I do not trust the top 10 altcoins. Don't forget, the top coins like LTC, NEO, and EOS...they can never go back to their old ATH, or some have also been replaced by more potential altcoins. Once called an altcoin, even if it is a topcoin, it is still replaced over time, do not invest long term with the top 10. Besides ETH, I don't believe in any 2nd altcoins, BNB is only suitable for short-term investment.

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February 19, 2023, 10:21:56 AM
 #78

If you have to choose between bitcoin and alt coin for long term trading then I would like to suggest you to select bitcoin, bitcoin is best and secure coin not only for long time hold but also for short time trading. Even then if you want to do trading in alt-coin then I would like to suggest you select the top coin from alt-coin for only short time trading it is very risky to do long term trading in alt-coin.
Even then at the end of the day alt coin is never a safe investment, its example is not only your post but many such incidents have already happened.
In as much as long term investment is concerned it is for bitcoin. Altcoins are not trust worthy and as such can vanish at any time, so it is not wise to invest in altcoin for a long term. I have also seen people that do DCA in altcoins, I think that is even riskier because all you DCA can just vanish. DCA is for bitcoin.
Anyone who wants to invest in altcoin, should understand that it is just like gambling, you may make it or lose all within a twinkle of an eye

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February 19, 2023, 11:00:41 AM
 #79

In as much as long term investment is concerned it is for bitcoin. Altcoins are not trust worthy and as such can vanish at any time, so it is not wise to invest in altcoin for a long term. I have also seen people that do DCA in altcoins, I think that is even riskier because all you DCA can just vanish. DCA is for bitcoin.
Anyone who wants to invest in altcoin, should understand that it is just like gambling, you may make it or lose all within a twinkle of an eye
You are right. that is why people who have known crypto for a long time in the end they will only choose bitcoin for long term investment. while altcoins are only used as a means of speculation for the short term. maybe those who are new to crypto will be more tempted by altcoins. because even though they know about the big risks in altcoins, they haven't experienced them first hand. but when they have experienced big losses from altcoins then they will realize and switch to bitcoin. it has become a common cycle.

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February 19, 2023, 12:08:02 PM
 #80

Many people here said to hold bitcoin, I also think that bitcoin should be held because, holding bitcoin is less profitable than other altcoin coins, but much less risky than other coins. Unlike other altcoins that rise in price very quickly and then fall back quickly, many coins dominate the market for a limited period of time but quickly become worthless again. All in all Bitcoin is much safer than altcoin coins or tokens, my advice would be to work with Bitcoin.
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February 19, 2023, 12:17:28 PM
 #81

In as much as long term investment is concerned it is for bitcoin. Altcoins are not trust worthy and as such can vanish at any time, so it is not wise to invest in altcoin for a long term. I have also seen people that do DCA in altcoins, I think that is even riskier because all you DCA can just vanish. DCA is for bitcoin.
Anyone who wants to invest in altcoin, should understand that it is just like gambling, you may make it or lose all within a twinkle of an eye
You are right. that is why people who have known crypto for a long time in the end they will only choose bitcoin for long term investment. while altcoins are only used as a means of speculation for the short term. maybe those who are new to crypto will be more tempted by altcoins. because even though they know about the big risks in altcoins, they haven't experienced them first hand. but when they have experienced big losses from altcoins then they will realize and switch to bitcoin. it has become a common cycle.
Because they have experienced what it's like to be trapped in altcoins which have been a big loss in the past, so I have never been denied that I myself have experienced how the altcoins that I hoped used to turn out to be worthless dirt.
Now I have chosen bitcoin as a long-term nothing else in crypto investing, it's just that for altcoins I can take advantage of short-term situations to trade the excess as profit I put it back in bitcoin to continue to earn all the time.
To be honest, high risk in altcoins is big, including short-term trading, but I am brave enough to take this risk when I have done research on which altcoins to trade and the principle is that when profits are seen, I take it faster.

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February 19, 2023, 02:45:30 PM
 #82

Many people here said to hold bitcoin, I also think that bitcoin should be held because, holding bitcoin is less profitable than other altcoin coins, but much less risky than other coins. Unlike other altcoins that rise in price very quickly and then fall back quickly, many coins dominate the market for a limited period of time but quickly become worthless again. All in all Bitcoin is much safer than altcoin coins or tokens, my advice would be to work with Bitcoin.

The fact that altcoin trading brings more profit than bitcoin is beyond anyone's doubt. In this case, you need to allocate part of your deposit for altcoin trading. Everyone decides on their own what volume should be allocated for altcoin trading, but I think 20-30 percent will be sufficient.

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February 19, 2023, 06:14:38 PM
 #83

If you really wanna enjoy investing in an altcoin then don't hold for long, maybe you can sell off with little changes that occurs besides it's very hard to define the market price of altcoin and bitcoin. But for you to enjoy bitcoin you need to hold at least 1 year or more. I have come to think of those who doesn't pay attention to bitcoin and want to invest altcoin without having the idea that altcoin is being driven by bitcoin action.

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February 19, 2023, 06:41:06 PM
 #84

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.
It's not as easy like that. People probably don't know what is the "bottom" or "down" is and if they just blindly follow buy when down and the price keep falling down because just merely following the "motto" without any doing research then it should not be followed. You should use any research/indicators/strategies if any possible so you can maximize your certainty of decision so you won't regret it later.

*Hold
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*Trade
Looking forward to the opinion of the experienced.
Just do DCA then if you are actually just hold it for long time.

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February 20, 2023, 03:24:42 AM
 #85

Many people here said to hold bitcoin, I also think that bitcoin should be held because, holding bitcoin is less profitable than other altcoin coins, but much less risky than other coins. Unlike other altcoins that rise in price very quickly and then fall back quickly, many coins dominate the market for a limited period of time but quickly become worthless again. All in all Bitcoin is much safer than altcoin coins or tokens, my advice would be to work with Bitcoin.

The fact that altcoin trading brings more profit than bitcoin is beyond anyone's doubt. In this case, you need to allocate part of your deposit for altcoin trading. Everyone decides on their own what volume should be allocated for altcoin trading, but I think 20-30 percent will be sufficient.

Yes the right point, Because most of the time we see that it is very difficult to get any idea about investing in altcoin even if we are talking about short-term trading. I think there are times when the market goes down trend continues 20-30 percent if the fund is high then it can be a cause of fear at times. At the end of the day it is better to make multiple decisions when it comes to trading.
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February 20, 2023, 04:02:55 AM
 #86

I have done same, held onto alts until they all went to ashes. Should have converted them into btc or eth. Would be having less regrets today.

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.

And imo, Just holding onto btc works fine.

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February 20, 2023, 04:10:21 AM
 #87

If you really wanna enjoy investing in an altcoin then don't hold for long, maybe you can sell off with little changes that occurs besides it's very hard to define the market price of altcoin and bitcoin. But for you to enjoy bitcoin you need to hold at least 1 year or more. I have come to think of those who doesn't pay attention to bitcoin and want to invest altcoin without having the idea that altcoin is being driven by bitcoin action.
Altcoins should receive a different treatment than bitcoin, you could invest in bitcoin and forget about it for years or even a decade and I am sure bitcoin will still be here and it will thrive during that time period.

But when it comes to altcoins you could never do something like this, if you invest in a coin like ethereum you can still take a relaxed approach but you still need to be way more vigilant than with your bitcoin, but if you invest in new altcoins or altcoins with a low market cap you will need to monitor your coins very closely because as we know those coins can crash out of nowhere at an incredible speed.

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February 20, 2023, 05:07:22 AM
 #88

TRADING HOLDING AND INVESTMENT No matter what you say I will always choose Bitcoin. Because I always believe in Bitcoin. Most cryptocurrency coins are directly dependent on Bitcoin. And the trust that comes with investing in Bitcoin is not available in ALT coins. Reliability Trust Considering these aspects I would definitely choose Bitcoin.

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Adbitco
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February 20, 2023, 08:04:56 AM
 #89

If you really wanna enjoy investing in an altcoin then don't hold for long, maybe you can sell off with little changes that occurs besides it's very hard to define the market price of altcoin and bitcoin. But for you to enjoy bitcoin you need to hold at least 1 year or more. I have come to think of those who doesn't pay attention to bitcoin and want to invest altcoin without having the idea that altcoin is being driven by bitcoin action.
Altcoins should receive a different treatment than bitcoin, you could invest in bitcoin and forget about it for years or even a decade and I am sure bitcoin will still be here and it will thrive during that time period.

But when it comes to altcoins you could never do something like this, if you invest in a coin like ethereum you can still take a relaxed approach but you still need to be way more vigilant than with your bitcoin, but if you invest in new altcoins or altcoins with a low market cap you will need to monitor your coins very closely because as we know those coins can crash out of nowhere at an incredible speed.

Exactly,  it's not arguably with the relation to altcoin since many people find it interesting and I can easily made out fortune from it, just take a scenario of Shiba Inu and Safemoon with the over hyped news flooded over the internet and media who knows what would be of their ends today. Yet many still invested thinking it was the right altcoin that would give so many returns without knowing that was their ends.

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Cryptmuster
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February 20, 2023, 08:20:22 AM
 #90

If you want to trade altcoins, then you need to choose a few tokens that are more interesting to you, follow them, analyze how often they have pumps and how significant they are. After that, when you make sure that there is good activity in the altcoin, you can start trading. But it is worth trading only for some part of your deposit, you need to remember the risks.

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death69
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February 20, 2023, 09:06:13 AM
 #91

If you really wanna enjoy investing in an altcoin then don't hold for long, maybe you can sell off with little changes that occurs besides it's very hard to define the market price of altcoin and bitcoin. But for you to enjoy bitcoin you need to hold at least 1 year or more. I have come to think of those who doesn't pay attention to bitcoin and want to invest altcoin without having the idea that altcoin is being driven by bitcoin action.
Altcoins should receive a different treatment than bitcoin, you could invest in bitcoin and forget about it for years or even a decade and I am sure bitcoin will still be here and it will thrive during that time period.

But when it comes to altcoins you could never do something like this, if you invest in a coin like ethereum you can still take a relaxed approach but you still need to be way more vigilant than with your bitcoin, but if you invest in new altcoins or altcoins with a low market cap you will need to monitor your coins very closely because as we know those coins can crash out of nowhere at an incredible speed.
As a crypto enthusiaist, I agree that altcoin investin is different from bitcoin investin. Several cryptocurrencies are new and unproven, unlike bitcoin, which has been around for almost a decade. So, altcoin investin is riskyer but may yeild biger rewarrds.

I recomend researchin altcoins before investing. This involves understanding the coins project development team, use cases, and adoption potential. Monitor market shifts and news that could affect the value of the coin.

From personal experience, cryptocurrency investin requires prudent and flexibility. Investin only what I can afford to loos and diversifyin my altcoin portfolio to reduce risk. To stay current with market movements and ensure my investments are doin well, I monitor my portfolio regularly. Altcoin investin can be profitable if done carefully and with a willingness to adapt to a volatile market.
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February 20, 2023, 03:56:38 PM
 #92

In as much as long term investment is concerned it is for bitcoin. Altcoins are not trust worthy and as such can vanish at any time, so it is not wise to invest in altcoin for a long term. I have also seen people that do DCA in altcoins, I think that is even riskier because all you DCA can just vanish. DCA is for bitcoin.
Anyone who wants to invest in altcoin, should understand that it is just like gambling, you may make it or lose all within a twinkle of an eye
You are right. that is why people who have known crypto for a long time in the end they will only choose bitcoin for long term investment. while altcoins are only used as a means of speculation for the short term. maybe those who are new to crypto will be more tempted by altcoins. because even though they know about the big risks in altcoins, they haven't experienced them first hand. but when they have experienced big losses from altcoins then they will realize and switch to bitcoin. it has become a common cycle.
Almost everyone first will gamble with altcoins and make newbie mistakes till they get experiences and decide what they will invest in. But in the long run the clearer picture will surface and it will be done and clear to them that bitcoin is the indisputable king of the market and when btc sneezes all other coins will suffer.

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February 20, 2023, 04:18:58 PM
 #93

To make money, we simply keep it for a long time. This does not mean that they are greedy; rather, it simply means that they want to increase their profits. There is a good chance that you will increase your profits in a few years, but it will take patience. You are unable to wait, thus it won't work on you, so we'll use another tactic. Some of us employ the same tactic as you: we experience a modest increase, which we subsequently sell off, while others choose to hold on because there is a higher likelihood of making large profits.
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February 20, 2023, 05:16:29 PM
 #94

I have done same, held onto alts until they all went to ashes. Should have converted them into btc or eth. Would be having less regrets today.

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.

And imo, Just holding onto btc works fine.

Mate you could have figured it our early, if you could have seen the marketcaps of the shitcoins that you are holding. No altcoin can grow, if it is not backed up by any big organisation or big people. So investing in altcoin is similar to gambling in dice game with 2% chance. The risks involved and profits are always high, but it can eat all your bankroll. It’s always safe to invest in coin with big marketcap and popular, so hence Bitcoins and ETH are the best coins available currently with some assurance. Rest is upto you, whether to choose or not.

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beerlover
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February 20, 2023, 08:44:15 PM
 #95

If you want to trade altcoins, then you need to choose a few tokens that are more interesting to you, follow them, analyze how often they have pumps and how significant they are. After that, when you make sure that there is good activity in the altcoin, you can start trading. But it is worth trading only for some part of your deposit, you need to remember the risks.
To expand on this, if anyone wants to find an altcoin that interests them, do not look for something that is popular just because everyone is interested in that. Find something that is a bit more niche that fits your hobbies or likes. You like history? Find a token that is related to history, you like gaming? Find one that is related to gaming, you like art? Find NFT world for example.

Basically, if you really want to do something, then you should be doing that with all your heart and not just because it is popular and liked by many and has an active community, that is the worst reason to like a project, find one that fits who you are personally to make it worth your while.

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GeorgeJohn
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February 20, 2023, 09:55:20 PM
 #96

To make money, we simply keep it for a long time. This does not mean that they are greedy; rather, it simply means that they want to increase their profits. There is a good chance that you will increase your profits in a few years, but it will take patience. You are unable to wait, thus it won't work on you, so we'll use another tactic. Some of us employ the same tactic as you: we experience a modest increase, which we subsequently sell off, while others choose to hold on because there is a higher likelihood of making large profits.
People do venture into lost during the time of cryptocurrency investment, but one thing that makes some people not to cash out when due during investment is greediness. Actually an investor wants to make good investment, but what i notice for cryptocurrency investment is that when your instincts is telling you to make more profit it's when you about fall into lost, so as investor let us minimize our level of greediness in any investment.

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February 20, 2023, 09:58:03 PM
 #97

If you really wanna enjoy investing in an altcoin then don't hold for long, maybe you can sell off with little changes that occurs besides it's very hard to define the market price of altcoin and bitcoin. But for you to enjoy bitcoin you need to hold at least 1 year or more. I have come to think of those who doesn't pay attention to bitcoin and want to invest altcoin without having the idea that altcoin is being driven by bitcoin action.
Altcoins should receive a different treatment than bitcoin, you could invest in bitcoin and forget about it for years or even a decade and I am sure bitcoin will still be here and it will thrive during that time period.

But when it comes to altcoins you could never do something like this, if you invest in a coin like ethereum you can still take a relaxed approach but you still need to be way more vigilant than with your bitcoin, but if you invest in new altcoins or altcoins with a low market cap you will need to monitor your coins very closely because as we know those coins can crash out of nowhere at an incredible speed.
Cryptocurrencies are generally volatile by nature, so a crash could occur even in Bitcoin and we have seen it too, more than once. Also, as you said, there are altcoins worth being trusted just like ETH, which is already 8 years old and have gained significant value over time, though not as much as Bitcoin.

I believe those altcoins which have been around for a pretty long time, deserve to be trusted by the community and must be given the status of having the capability of being held for a longer term just like Bitcoin. I know they can't match the level, but at least they have provided some value alongside Bitcoin and contributed greatly towards the success of blockchain technology.

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February 20, 2023, 11:23:18 PM
 #98

To make money, we simply keep it for a long time. This does not mean that they are greedy; rather, it simply means that they want to increase their profits. There is a good chance that you will increase your profits in a few years, but it will take patience. You are unable to wait, thus it won't work on you, so we'll use another tactic. Some of us employ the same tactic as you: we experience a modest increase, which we subsequently sell off, while others choose to hold on because there is a higher likelihood of making large profits.
People do venture into lost during the time of cryptocurrency investment, but one thing that makes some people not to cash out when due during investment is greediness. Actually an investor wants to make good investment, but what i notice for cryptocurrency investment is that when your instincts is telling you to make more profit it's when you about fall into lost, so as investor let us minimize our level of greediness in any investment.
Restricting the level of greed is must for every investor. By the time it is also to be noted that no one is sure of the top and the bottom price. Here we are not of greed, but out of fear just keeps holding and miss opportunities. A learning makes them book a minimal profit next time and here the market keeps increasing which is also loss for him. So, have some fixed profit to sell and buy is good.

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February 21, 2023, 04:07:53 AM
 #99

I have done same, held onto alts until they all went to ashes. Should have converted them into btc or eth. Would be having less regrets today.

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.

And imo, Just holding onto btc works fine.

Mate you could have figured it our early, if you could have seen the marketcaps of the shitcoins that you are holding. No altcoin can grow, if it is not backed up by any big organisation or big people. So investing in altcoin is similar to gambling in dice game with 2% chance. The risks involved and profits are always high, but it can eat all your bankroll. It’s always safe to invest in coin with big marketcap and popular, so hence Bitcoins and ETH are the best coins available currently with some assurance. Rest is upto you, whether to choose or not.

Well yeah, I figured that out eventually. Expensive lesson though.

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Adbitco
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February 21, 2023, 06:30:46 AM
 #100

If you really wanna enjoy investing in an altcoin then don't hold for long, maybe you can sell off with little changes that occurs besides it's very hard to define the market price of altcoin and bitcoin. But for you to enjoy bitcoin you need to hold at least 1 year or more. I have come to think of those who doesn't pay attention to bitcoin and want to invest altcoin without having the idea that altcoin is being driven by bitcoin action.
Altcoins should receive a different treatment than bitcoin, you could invest in bitcoin and forget about it for years or even a decade and I am sure bitcoin will still be here and it will thrive during that time period.

But when it comes to altcoins you could never do something like this, if you invest in a coin like ethereum you can still take a relaxed approach but you still need to be way more vigilant than with your bitcoin, but if you invest in new altcoins or altcoins with a low market cap you will need to monitor your coins very closely because as we know those coins can crash out of nowhere at an incredible speed.
Cryptocurrencies are generally volatile by nature, so a crash could occur even in Bitcoin and we have seen it too, more than once. Also, as you said, there are altcoins worth being trusted just like ETH, which is already 8 years old and have gained significant value over time, though not as much as Bitcoin.

I believe those altcoins which have been around for a pretty long time, deserve to be trusted by the community and must be given the status of having the capability of being held for a longer term just like Bitcoin. I know they can't match the level, but at least they have provided some value alongside Bitcoin and contributed greatly towards the success of blockchain technology.

What i understand whenever people are talking of altcoin it doesn't relatively mean the reputable coin rather those shitcoin that is why it's always said don't invest in altcoin due to this phrase. Those newly launched altcoin or projects can't be defined about their future plans or to know their intentions towards the community, this could be bad or good but the tendency of a new project becoming successful is 40/60 at this point anyone who invested might raised an alarm of being dumped on their heads. But as per to trusted and reliable altcoin like ETH I don't think one should be afraid of investment seeing that after bitcoin today the next eyes goes ETH, BNB, Matic and any other network configuration tokens.

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February 21, 2023, 01:55:06 PM
 #101

I've made more money trading and hodling altcoins than trading in Bitcoin. I believe this to be so for a greater percentage of users here too. However, I've also suffered greater disappointment and loss from trading altcoins too. If one gets it right, altcoin will make one richer faster than Bitcoin would. However, I won't advise newbies to go into altcoins except they truly know what they're doing.


But for you to enjoy bitcoin you need to hold at least 1 year or more.
You've to know that it's not automatic you make money from hodling Bitcoin for that length of time (even more). It depends on the period in question one is hodling it. If anyone is buying and hodling Bitcoin from now till one year there's certainty that one will make a nice ROI on it. This period is the expected good time for Bitcoin till 2015 when we're likely to have another dump period.

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February 21, 2023, 03:03:17 PM
 #102

I've made more money trading and hodling altcoins than trading in Bitcoin. I believe this to be so for a greater percentage of users here too. However, I've also suffered greater disappointment and loss from trading altcoins too. If one gets it right, altcoin will make one richer faster than Bitcoin would. However, I won't advise newbies to go into altcoins except they truly know what they're doing.


But for you to enjoy bitcoin you need to hold at least 1 year or more.
You've to know that it's not automatic you make money from hodling Bitcoin for that length of time (even more). It depends on the period in question one is hodling it. If anyone is buying and hodling Bitcoin from now till one year there's certainty that one will make a nice ROI on it. This period is the expected good time for Bitcoin till 2015 when we're likely to have another dump period.

Although you have a good point there, holding for at least one year might either falls in bear or Bull so there is no guarantee one must make profit from it unless is already on bull run before it can be assure of making a great ROI. However holding a bitcoin requires some patient otherwise I don't think there will be something good that one could ever see than just panicking around.

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February 21, 2023, 05:34:48 PM
 #103

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
Caution should be exercised before investing in cryptocurrencies. Here volatility can lead to huge gains and losses. Also, a big mistake is that invest in alt coins without knowing it properly. There are altcoins in the current market where the money is not recovered after investment. A large part of the investors have gone bankrupt by investing in many scam projects. If investing in alt coins then invest in a good project otherwise money can be wasted. But it is worthy to say that there is no better investment than holding Bitcoin. Holding and trading both are different issue. But my preference is to hold bitcoin and it is the best option.

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February 21, 2023, 09:20:14 PM
 #104

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
It's alright to learn something when it is too late, if you were aware of the situation beforehand and get out, then you would have done the same thing later on, and lose eventually. It's better to lose money early on so that you would learn all these lessons and then later on when you get in with serious money then you would have all the answers to these problems.

This is just about problem solving, nothing more, you need to figure out what causes you to make bad trades, and lose money, and that's the problem, and then you need to find how you can avoid doing that and instead make a profit which is solving it. Best method is to realize the problem, and you did.

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February 21, 2023, 09:52:07 PM
 #105

If you want to trade altcoins, then you need to choose a few tokens that are more interesting to you, follow them, analyze how often they have pumps and how significant they are. After that, when you make sure that there is good activity in the altcoin, you can start trading. But it is worth trading only for some part of your deposit, you need to remember the risks.
Well, we can say that choosing potential coins for trade or to invest in the long-term is a big factor but it never works without a proper strategy. It is needed need to spend the market and analyzed the trend because we can't just buy, hold and sell but also we have to do more research and chart review for this will give us some ideas if this is the right time to buy this coin or not. We can't just assume anything in the market and that is why we should not to rush investing but must undergo some TA.

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February 24, 2023, 04:54:18 PM
 #106

If you want to trade altcoins, then you need to choose a few tokens that are more interesting to you, follow them, analyze how often they have pumps and how significant they are. After that, when you make sure that there is good activity in the altcoin, you can start trading. But it is worth trading only for some part of your deposit, you need to remember the risks.
Well, we can say that choosing potential coins for trade or to invest in the long-term is a big factor but it never works without a proper strategy. It is needed need to spend the market and analyzed the trend because we can't just buy, hold and sell but also we have to do more research and chart review for this will give us some ideas if this is the right time to buy this coin or not. We can't just assume anything in the market and that is why we should not to rush investing but must undergo some TA.
And I would like to talk more about this by saying that finding a right strategy is not the same for everyone. What works for me may not work for you and what works for you may not work for someone else. Which is why everyone should find their own strategy and that way they could make more money from that as well.

It would make more sense in a way that it would be perfectly suited and personalized for you because you customized it to your preference. This would make it a lot better if we could just make money based on our own needs and preferences then when the time comes to be patient or act, we would be more inclined to do so and not be unsure of what we are doing.
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February 28, 2023, 03:26:01 PM
 #107

I know it sounds like something that people are not really that much capable of, just by looking at the market and the complaints and outcries of people whenever it drops a bit. There are too many people who stupidly still buy when it goes up, and cries when it goes down from that top.
You cant help it if they dont want to help themselves. Those who understood the mistake, stopped complaining and returned to trading.

Buying at the top is a common mistake and often done by newbies who jump into the market while it is making headlines in the fear of missing out (FOMO). Then these people having a unsteady faith on the asset attempt to sell when the market crashes causing the exaggerated dump.

To be honest, such events will never stop and we must make sure as veteran traders to capitalize on these events. Buying low when they dump and selling high when they buy. Grin

R


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February 28, 2023, 04:39:56 PM
 #108

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
Now
*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
In fact, most of these incidents happen to everyone. Not only you, but also in our case, such incidents always happen. When the market rises a lot we sell and then see the market take a higher position from that position. And when we buy and then see the market go down further, we feel the same regret as you do.

All the altcoins you invested in were all shit coins. We know that except for a few altcoin, the rest of the coins are very risky to invest in. But keep in mind if you want to invest in altcoin, invest in BNB, Ethereum and do not invest in any other coins for long term. Even if you invest in all these coins and take a loss, there is hope of recovery. But I don't think all the coins you mentioned and damaged will ever recover. In any case, you will not make such a mistake again.
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February 28, 2023, 05:04:40 PM
 #109

Buying at the top is a common mistake and often done by newbies who jump into the market while it is making headlines in the fear of missing out (FOMO). Then these people having a unsteady faith on the asset attempt to sell when the market crashes causing the exaggerated dump.

To be honest, such events will never stop and we must make sure as veteran traders to capitalize on these events. Buying low when they dump and selling high when they buy. Grin
Obviously this is a common mistake that we know that beginners often experience where when the price trend is going up they come and buy hoping the price can be high again but in reality they come with no basic knowledge so that in the end they become afraid of FOMO and that's what they feel almost every beginner, I know this is not an easy goal but beginners are always aggressive at the start of their purchases.
It's no wonder that if the price starts to fall and the market conditions are chaotic they will panic and sell from their losses after buying high and the beginners have no patience when they see the market turning bearish.

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March 01, 2023, 09:42:20 AM
 #110

Well, I looked forward to how you changed your approach toward the market volatility and how you corrected your mistakes. Because it was not just about hearing suggestions or recommendations but also how you interact with the market performance. Even if you invest in Bitcoin or potential altcoins but still never gives you a profit assurance as it will depend on how you make decisions about when to buy or sell, and when to hold.

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March 02, 2023, 06:58:29 AM
 #111

Obviously this is a common mistake that we know that beginners often experience where when the price trend is going up they come and buy hoping the price can be high again but in reality they come with no basic knowledge so that in the end they become afraid of FOMO and that's what they feel almost every beginner, I know this is not an easy goal but beginners are always aggressive at the start of their purchases.
It's no wonder that if the price starts to fall and the market conditions are chaotic they will panic and sell from their losses after buying high and the beginners have no patience when they see the market turning bearish.
Why though? I mean seriously, why would anyone ever imagine that "something went up 10x, what if it goes up another 10x!!!" as a thought? How does that even make sense to people?

Even when I was a newbie, the reason why I lost money was I bought stuff that I thought bottomed out because they went down 50% and I bought it thinking it would start to recover and it went down another 50% on top of that, like for example when bitcoin went from 68k to 32k and then to 16k again, imagine me buying at 32k, thinking it bottomed out. THAT is something I can understand, but why would you buy something that already went up 10x? How does that make sense to anyone, even newbies.

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March 02, 2023, 07:19:06 AM
 #112

You got it, right, buddy?
If you want to HODL, I would suggest Only Bitcoin. Most altcoins create pumps for the short term. The dev team spends money on marketing to pump it more. People keep buying when they see that they have touched their target price. The dev team increased the coin supply, and the coin star lost value daily. This is pretty much a scam, in my opinion. So, I won't suggest altcoins to hold.

You can trade with altcoins. Altcoins are too much volatile. It gained price so fast and went down quicker than that. So, if you want to trade with altcoins, you can do so. If you want to HOLD Crypto long-term, there is no coin except BTC.

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March 02, 2023, 12:47:59 PM
 #113

not every coin is beneficial and not every coin can give you profit through holding. Selection of tokens has also a great effect on your profit and chances of achievement. If you are choosing new coins to make investment then it will not provide you positive results like that of bitcoin, Ethereum and many more.

If you are losing money regularly then take some break and read carefully about trading because regular losses will become a cause of your earnings reduction. You mentioned that whenever you sell you bitcoin then the price go up and up so I will say here that you just have to take your profit and do not think about the future increase because this behavior is consider as greedy which can also reduce your profit. If you take some profit then its enough now you have to make your buying point when the market again reduces in price.



 

 

 

 

 

 


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March 03, 2023, 09:14:01 PM
 #114

You got it, right, buddy?
If you want to HODL, I would suggest Only Bitcoin. Most altcoins create pumps for the short term. The dev team spends money on marketing to pump it more. People keep buying when they see that they have touched their target price. The dev team increased the coin supply, and the coin star lost value daily. This is pretty much a scam, in my opinion. So, I won't suggest altcoins to hold.

You can trade with altcoins. Altcoins are too much volatile. It gained price so fast and went down quicker than that. So, if you want to trade with altcoins, you can do so. If you want to HOLD Crypto long-term, there is no coin except BTC.
That's true, holding bitcoin is good enough that you wouldn't really need to do anything else. Sure, you can give it a try and do some more things but that doesn't mean that you have to, it just means that you want to.

Things that you should are limited to just buying bitcoin and holding as long as you possibly could, that's the "should" part, that's what everyone needs to do, but when it comes to what you want to do, you can do the most silly and risky things that you want, that's on your own and if you make a mistake and buy something that is terrible then it's your own mistake and you should own up to it and not make the same mistake again later on.
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March 03, 2023, 10:46:38 PM
 #115

You got it, right, buddy?
If you want to HODL, I would suggest Only Bitcoin. Most altcoins create pumps for the short term. The dev team spends money on marketing to pump it more. People keep buying when they see that they have touched their target price. The dev team increased the coin supply, and the coin star lost value daily. This is pretty much a scam, in my opinion. So, I won't suggest altcoins to hold.

You can trade with altcoins. Altcoins are too much volatile. It gained price so fast and went down quicker than that. So, if you want to trade with altcoins, you can do so. If you want to HOLD Crypto long-term, there is no coin except BTC.
That's true, holding bitcoin is good enough that you wouldn't really need to do anything else. Sure, you can give it a try and do some more things but that doesn't mean that you have to, it just means that you want to.

Things that you should are limited to just buying bitcoin and holding as long as you possibly could, that's the "should" part, that's what everyone needs to do, but when it comes to what you want to do, you can do the most silly and risky things that you want, that's on your own and if you make a mistake and buy something that is terrible then it's your own mistake and you should own up to it and not make the same mistake again later on.
Some people arent really that patient when it comes into their long term holdings on which there are people who do really just simply make up some active engagement and trading up on short term.

In my case i do make savings on 50% for long term hold with Bitcoin and other top altcoins and the other 50% would really be allocated for me to trade up in short term, and the profits that i would make
would be accumulated into my long term bag and this is why its not really that something that you would get stressed or bored out on doing nothing.

Its up to you on what you should gonna do since its your money after all and its none others business on how they would really be dealing with that.

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March 04, 2023, 05:47:59 AM
 #116

Holding is full of advantages but complete knowledge is necessary for any type of trading and holding because there are some individuals who have no idea that when to sell and when to buy so this is the key components because you do not know that on which price you have to buy coin. You should know about the price indicator and make investment according to price chart. buying and selling regularly and on quick basis is good but it will require you whole day and its not guaranteed that will benefited you after a day spent. But holding on other side can lower your losses so I think for successful trader one should follow indicators and set a price in a mind that at this price you will buy it and if it increases by specific percentage then you will sell it.

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March 04, 2023, 01:02:12 PM
 #117

...
If you are losing money regularly then take some break and read carefully about trading because regular losses will become a cause of your earnings reduction. You mentioned that whenever you sell you bitcoin then the price go up and up so I will say here that you just have to take your profit and do not think about the future increase because this behavior is consider as greedy which can also reduce your profit. If you take some profit then its enough now you have to make your buying point when the market again reduces in price.
Losses often happen when we commit mistakes and that is what we need to find out and make a solution to it. Yes, it doesn't matter even choosing the best coins in the market but if we are using ineffective strategies, we still end up losing. It guarantees nothing but if we already have deep knowledge of the market, we already what to do in different market conditions.
But I would like to encourage everyone to be consistent on buying low and selling high, and most of all, we need to learn how to be patient.

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March 04, 2023, 09:01:09 PM
 #118

not every coin is beneficial and not every coin can give you profit through holding. Selection of tokens has also a great effect on your profit and chances of achievement. If you are choosing new coins to make investment then it will not provide you positive results like that of bitcoin, Ethereum and many more.

If you are losing money regularly then take some break and read carefully about trading because regular losses will become a cause of your earnings reduction. You mentioned that whenever you sell you bitcoin then the price go up and up so I will say here that you just have to take your profit and do not think about the future increase because this behavior is consider as greedy which can also reduce your profit. If you take some profit then its enough now you have to make your buying point when the market again reduces in price.
Not every "altcoin". That is what you forgot to add there because there is only one bitcoin but there are more than one altcoins. They say that new altcoins can still increase faster than in bitcoin. This might be true but there are no guarantees that they can last for a long time so before we invest on them, make sure that we are not greedy so that we can be able to sell on time before they collapse.

It's also important to build experience first. When it comes to bitcoin, it is always fine to wait for more increases because in case you miss the selling opportunity, bitcoin can still recover and give you another chance again. At this point, you should now know what to do.

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March 05, 2023, 09:13:12 PM
 #119

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

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Looking forward to the opinion of the experienced.
Its best to buy when price is low and sell when price is high but it does not usually happen that way at times you will buy and the price will keep falling so i still continue to buy and wait till price bounces back. When you invest in altcoins there is bigger risk involved than investing in bitcoin, altcoins are not reliable and most projects just die off. I advise you spend your money more on Bitcoin and few alts that are already well established like Ethereum and the likes.
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March 06, 2023, 08:06:59 AM
 #120

Most of the communities here on the forum will say that Bitcoin is the safest and best to hold for a long time, which is true.

     If there are altcoins that are good to hold for a long time, one of them is Matic(Polygon), Shiba Inu, Binance, Babydoge, Hot, Bone, Leash, and others. These are just a few that I think can provide good profits in the future.



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March 06, 2023, 02:25:39 PM
 #121

Looking forward to the opinion of the experienced.
As far as I know, whatever type of crypto trading you do, everything is selling & buying, whether it's Futures, Margin, Spot and so on, the main goal is selling, crypto trading doesn't look at the long term, looking at the market situation and the crypto you trade has a profit, of course you can let it go.

It's different if you make an investment, you have a long time, to consider selling the type of crypto you invest in the crypto market, for that if you invest now, my advice is not to sell.
wait for a new ATH to happen, I don't know when it will happen, but you can still monitor the crypto market situation today or in the future.

I'm sure the current crypto market situation will be better, for the foreseeable future.

R


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March 06, 2023, 09:39:55 PM
 #122

In cryptocurrency you can never catch the bottom, I was once having the same problem u are having, whenever I buy it will start dumping and immediately I sell it will start pumping back, so I later stopped trading and I decided to be HOLDING, if I can buy and the price keeps dumping, am always making use of the opportunity to buy more at a cheaper price and I always do that with the money I won’t be using soon. I noticed not everyone can trade, just discover the strategy that works for you and stick to it.

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March 09, 2023, 02:12:56 AM
 #123

In cryptocurrency you can never catch the bottom, I was once having the same problem u are having, whenever I buy it will start dumping and immediately I sell it will start pumping back, so I later stopped trading and I decided to be HOLDING, if I can buy and the price keeps dumping, am always making use of the opportunity to buy more at a cheaper price and I always do that with the money I won’t be using soon. I noticed not everyone can trade, just discover the strategy that works for you and stick to it.
Trading the market is sometimes frustrating specifically when you're recording losses and liquidation on a row, I found it demotivating and I quit. Few years back, I bounced to the market but this time, I was not scared of losing because my mindset and confidence have been stabilize by PDFs tutorial and was ready for what the market has for me. I've purchase more altcoins to my portfolio for the nearest future when the bull season arrives. Holding required patience before one can start earning profits enormously from the market, however it depends on good trading strategy.

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March 13, 2023, 02:50:25 PM
 #124

not every coin is beneficial and not every coin can give you profit through holding. Selection of tokens has also a great effect on your profit and chances of achievement. If you are choosing new coins to make investment then it will not provide you positive results like that of bitcoin, Ethereum and many more.

If you are losing money regularly then take some break and read carefully about trading because regular losses will become a cause of your earnings reduction. You mentioned that whenever you sell you bitcoin then the price go up and up so I will say here that you just have to take your profit and do not think about the future increase because this behavior is consider as greedy which can also reduce your profit. If you take some profit then its enough now you have to make your buying point when the market again reduces in price.

I think the same as you, for me the safest currency or action is btc, there is no other, I know that there are many who have altcoins as a priority option, but I don't, because I see that it could be irresponsible to say that there is one currency X that I see in the future and that it will rise in price, then a world of people will buy and suddenly that currency falls and makes them lose, so that is not the right thing to do, the right thing to do here is to buy btc, because I know that btc It will rise in price because btc already has a lot of history, and it has also completed the main phases of the market, such as the accumulation and distribution phases.

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March 19, 2023, 09:40:05 PM
 #125


 What stage are we in the market?
Considering the current market, there is a lot that is missing towards the end of the chart, while the market is already picking up. It might have had an anger phase, but there has been no depression or disbelief. It is possible that another chart will be produced in the future

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March 19, 2023, 10:19:21 PM
 #126

If here are altcoins that are good to hold for a long time, one of them is Matic(Polygon), Shiba Inu, Binance, Babydoge, Hot, Bone, Leash, and others. These are just a few that I think can provide good profits in the future.

All those altcoins you listed mightn't make it to the next bull cycle been at the top of their market. They might be popping now but you might never knows what news comes up tomorrow and they die out of the public eyes. Polygon wasn't in the public eyes last two bull market but it became very popular few years back due to Ethereum having congestion issue.

Tomorrow another issue might come up and another project because very popular and it begins to trend and dominate the market and that's why you never believe in one particular altcoins for very long. You should only believe Bitcoin future as it can never be replaced like the other altcoins.

R


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March 20, 2023, 07:04:54 AM
 #127

As an investor of course I prefer to divide assets into many types, altcoins have good potential in the future because we can get opportunities for profits of 100x or more more easily if we hold altcoins, while bitcoin is the strongest coin which is of course more suitable if we hold it for long term (more than 5 years). for the portion of the distribution of crypto assets that I currently have is 70% for altcoins and 30% for bitcoin.


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March 20, 2023, 07:46:36 AM
 #128

it's too risky to buy then hold coins for too long especially for new altcoins, most of them will end in 0, if that's the case my advice is to buy, then make a profit then just sell.
if you can do this over and over again and your profits are more than your losses, then you can become a short-term trader.
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March 20, 2023, 08:37:53 AM
 #129

If here are altcoins that are good to hold for a long time, one of them is Matic(Polygon), Shiba Inu, Binance, Babydoge, Hot, Bone, Leash, and others. These are just a few that I think can provide good profits in the future.

All those altcoins you listed mightn't make it to the next bull cycle been at the top of their market. They might be popping now but you might never knows what news comes up tomorrow and they die out of the public eyes. Polygon wasn't in the public eyes last two bull market but it became very popular few years back due to Ethereum having congestion issue.

Tomorrow another issue might come up and another project because very popular and it begins to trend and dominate the market and that's why you never believe in one particular altcoins for very long. You should only believe Bitcoin future as it can never be replaced like the other altcoins.

I agree, those altcoins are very unlikely to offer good returns in the next bull season, but I won't agree with you that all altcoins should be ignored and just trust bitcoin.
Yes, no altcoin can replace or will be safer than bitcoin, but when it comes to profitability, there are some coins that perform better than bitcoin. ETH and BNB, in the previous bull season, both of these coins, were more profitable than BTC, and I also believe that in the next bull cycle, the same thing will repeat. ETH is not better than bitcoin but also not inferior to bitcoin, and that has been proven so far.

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March 20, 2023, 06:02:39 PM
 #130

Yes, no altcoin can replace or will be safer than bitcoin, but when it comes to profitability, there are some coins that perform better than bitcoin. ETH and BNB, in the previous bull season, both of these coins, were more profitable than BTC, and I also believe that in the next bull cycle, the same thing will repeat. ETH is not better than bitcoin but also not inferior to bitcoin, and that has been proven so far.

I'm not against altcoins nor I'm saying they shoudn't be traded but having them in your portfolio just because they're doing well now is not wise. If you want to trade altcoins then wait for the bull market to start before you start trading. Altcoins are tools used for pump and dump avoid them in bear market or you'll regret it. Before they become popular, they're already overbought.

Ethereum is over centralized and if it does crash, it'll cause more investors losses than FTX and Luna combined. With it's new upgrade it'll now be controlled by the centralized exchange since everyone is staking on the platform. Just as Binance dump and cause FTX crash, they can do the same to Ethereum in the future.

R


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March 21, 2023, 04:04:38 AM
 #131

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
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*Trade
Looking forward to the opinion of the experienced.
It depends on what altcoin you are investing in, if the altcoin is not popular and doesn't have strong fundamentals maybe in my opinion it is better to sell it immediately when there is an increase in the price of the coin so that by selling it at least all your funds are not lost because basically almost all altcoins are not the right choice for us to hold in the long term, most of them are only suitable for us to make as an alternative if our funds are not enough to buy bitcoin, holding altcoins in the long term other than ETH and BNB is very risky, only two of these altcoins that we can trust and have proven to be able to survive all this time .

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March 21, 2023, 04:35:36 AM
 #132

I agree, those altcoins are very unlikely to offer good returns in the next bull season, but I won't agree with you that all altcoins should be ignored and just trust bitcoin.
Yes, no altcoin can replace or will be safer than bitcoin, but when it comes to profitability, there are some coins that perform better than bitcoin. ETH and BNB, in the previous bull season, both of these coins, were more profitable than BTC, and I also believe that in the next bull cycle, the same thing will repeat. ETH is not better than bitcoin but also not inferior to bitcoin, and that has been proven so far.

Apart from few altcoins the reality is that majority cease to exist or lose there value over period of time. You are right in saying that alts like ETH and BNB have retained there values over time and are now recognised alts. If you have to invest in alts then keep major portion of your capital reserved for Bitcoin and good approach is to invest 20 to 30% in alts. Be careful in choosing alts as I said majority cease to exit with time.
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March 21, 2023, 07:35:15 AM
 #133

I agree, those altcoins are very unlikely to offer good returns in the next bull season, but I won't agree with you that all altcoins should be ignored and just trust bitcoin.
Yes, no altcoin can replace or will be safer than bitcoin, but when it comes to profitability, there are some coins that perform better than bitcoin. ETH and BNB, in the previous bull season, both of these coins, were more profitable than BTC, and I also believe that in the next bull cycle, the same thing will repeat. ETH is not better than bitcoin but also not inferior to bitcoin, and that has been proven so far.

Apart from few altcoins the reality is that majority cease to exist or lose there value over period of time. You are right in saying that alts like ETH and BNB have retained there values over time and are now recognised alts. If you have to invest in alts then keep major portion of your capital reserved for Bitcoin and good approach is to invest 20 to 30% in alts. Be careful in choosing alts as I said majority cease to exit with time.

Only a few of them are still standing, but most of them died a year later. It still depends on the person where he will be investing because the gains in altcoins are greater than in bitcoin, but the risks are also higher. Mostly people are investing in the top 10 altcoins as they can see that it is promising, and also having funds on bitcoin, it is good to not put all your investments in one basket, destabilizing so that you won't lose it all.
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March 21, 2023, 08:11:03 AM
 #134

holding bitcoin is the top choice in crypto, trading altcoins to increase btc stock
why do I say that,  because the movement of altcoins is sometimes in a short time, but here we are required to have accuracy in making decisions, wrong steps to make decisions, our money will be lost

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royalfestus
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March 21, 2023, 03:37:33 PM
 #135


 What stage are we in the market?
Considering the current market, there is a lot that is missing towards the end of the chart, while the market is already picking up. It might have had an anger phase, but there has been no depression or disbelief. It is possible that another chart will be produced in the future

This is an interesting chart by CryptoInAByte (https://twitter.com/CryptoInAByte/status/1624190669693526017?s=20). It is a little different and it spread from 2023-2026. I dont believe the bull market prediction into 2025
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March 21, 2023, 05:17:50 PM
 #136

holding bitcoin is the top choice in crypto, trading altcoins to increase btc stock
why do I say that,  because the movement of altcoins is sometimes in a short time, but here we are required to have accuracy in making decisions, wrong steps to make decisions, our money will be lost
As long as your trades are more with winning than losses and that's a sign that you're doing good. Yeah, for altcoins, you can use them to have day trades.

While having bitcoin, it's a normal thing to have it for long term holding and that's the biggest part of our investments which is the main priority for having our portfolios.

Do buy low and sell high and this logic and tip is known to everybody and yet, many does the opposite.

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March 22, 2023, 03:44:14 AM
 #137

...

Ethereum is over centralized and if it does crash, it'll cause more investors losses than FTX and Luna combined. With it's new upgrade it'll now be controlled by the centralized exchange since everyone is staking on the platform. Just as Binance dump and cause FTX crash, they can do the same to Ethereum in the future.


If you are assuming or if ETH crashes in the future, which can happen with bitcoin as well, everything is at risk, there is no such thing as an absolutely safe cryptocurrency. We do not guarantee ETH, nor do we have proof that BTC is 100% safe. ETH has also stood firm since 2015, and no altcoin can threaten it, comparing FTX or Binance is a lame comparison. Just like when people say that FTX is broke, so will Binance in the future, we have no evidence for that. Mt.gox crashed in 2014, but Coinbase has been there since 2012 until now, so we shouldn't equate them all.

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March 22, 2023, 11:05:29 AM
 #138

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero

I guess holding Bitcoin for the long term is the best deal, and holding altcoins for the long term is a little bit too risky since not a lot of altcoins survive the bear market and not many of them rise to the ATH just like before the bear market. I guess trading Altcoin is better for people who want to earn big profits but with big risks too.


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March 22, 2023, 11:42:57 AM
 #139

If you are assuming or if ETH crashes in the future, which can happen with bitcoin as well, everything is at risk, there is no such thing as an absolutely safe cryptocurrency. We do not guarantee ETH, nor do we have proof that BTC is 100% safe. ETH has also stood firm since 2015, and no altcoin can threaten it, comparing FTX or Binance is a lame comparison. Just like when people say that FTX is broke, so will Binance in the future, we have no evidence for that. Mt.gox crashed in 2014, but Coinbase has been there since 2012 until now, so we shouldn't equate them all.
Any investment contains risks, exactly the same can be said about any coin, about any stock exchange or bank. But you gave a good example that not all exchanges are equally dangerous or equally reliable, Coinbase is an example of a good exchange and bitcoin is an example of a sound investment.

Therefore, we should always strive to choose the safest investment based on statistics and history. But we must also remember that we do not have a 100% guarantee that bitcoin is the most reliable investment. It is the most reliable in my opinion in the of cryptocurrencies, but for sure it is not the most reliable investment in the world.
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March 22, 2023, 12:57:07 PM
 #140

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero

I guess holding Bitcoin for the long term is the best deal, and holding altcoins for the long term is a little bit too risky since not a lot of altcoins survive the bear market and not many of them rise to the ATH just like before the bear market. I guess trading Altcoin is better for people who want to earn big profits but with big risks too.
Most of the altcoins are indeed very volatile, and risky to hold in the long term, only a few altcoins may be safe for long term investment. it would actually be easier to invest than to trade, let alone bitcoin. for those who are already proficient at trading, of course there is no obstacle to doing both, but for many speculators who are looking for new altcoins to invest in, until the price soars and sells them

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April 01, 2023, 08:11:45 PM
 #141

I would not have any problem saying that bitcoin is the best, but to put it into investment, if a person is an activist as a market speculator, that is something that is Fine, but I would tell them to do it with Bitcoin, but for that? altcoins also give profits, but in view of all that has happened with some currencies it would be very painful if the same thing happened to many, and that is that the project collapses and money is lost, with Bitcoin you do not lose money Quite the contrary is gained,however, if the trader's personality is focused on market speculation, he has to know how to do it.

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April 01, 2023, 08:54:11 PM
 #142

Most of the altcoins are indeed very volatile, and risky to hold in the long term, only a few altcoins may be safe for long term investment. it would actually be easier to invest than to trade, let alone bitcoin. for those who are already proficient at trading, of course there is no obstacle to doing both, but for many speculators who are looking for new altcoins to invest in, until the price soars and sells them
All altcoins are very volatile, except stablecoins.
So, basically, all altcoins are high-risk to hold for a long time. No altcoins are really safe to hold long-term, including the top altcoins. Any altcoins can lose their values significantly at any time and maybe never hit again their ATH. I have experienced holding some altcoins that the prices never return to the ATH.

By the way, invest and trade are almost the same, it is only easy if we know it well. So, not sure if investing is easier than trading. It depends on the knowledge of the individual. Regarding investing all in Bitcoin, it is not a bad idea but I assume most people prefer to diversify their crypto assets. People want to optimize the chance for bigger profits.


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April 02, 2023, 01:54:40 PM
 #143

if you intend to hold coins long term especially new coins, it's tantamount to gambling and risking your investment, but when it works it will pay off hugely.
therefore if you want to minimize your risk you can put it on bitcoin and eth.

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April 02, 2023, 03:36:25 PM
 #144

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
The Market is not easily predictable that is while most time everything we do is based on guess work. Analysing the market and the market follows the way we planned it makes u ls fee better and I see it a being lucky.

Even though with the consistent learning and trading in the crypto market, we still make the wrong choice and make loses that is why luck is also important in the market as a trader of the cryptocurrency market. As a trader, loses is possible and when we make loses we should not be bewildered and angered because we do not owe the market. Let's keep doing and working in the best possible way that we think we can earn from the market.









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April 07, 2023, 08:04:02 AM
 #145

if you intend to hold coins long term especially new coins, it's tantamount to gambling and risking your investment, but when it works it will pay off hugely.
therefore if you want to minimize your risk you can put it on bitcoin and eth.
It doesn't seem like a good idea if you want to make long-term investments into new coins, because it's too risky to do, we know that in situations like today, many new coins are scam coins. instead I agree with your idea if you want to invest in the long term to buy into bitcoin, ethereum, bnb and some other altcoins which are indeed ranked the best to date. once again we are about to enter the era of the halving period, the time to immediately buy and hold it.

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April 07, 2023, 08:27:58 AM
 #146

Well, the answer to that question depends on each of us. if you need money, or you feel that you have made a good profit, then selling a few percent is a good decision. it is an investment where you take enough profit, then continue the investment you have. If you feel that the coin you are targeting is cheap, and you have the money to invest, then choosing bitcoin or an altcoin would also be a good decision, but it is recommended to have popular altcoins.
however, if you don't currently need the money, and still want to invest, then hold onto the assets you have. if there is a chance, add little by little. Also, compared to bitcoin and altcoins, I tend to prefer bitcoin at the moment.

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April 08, 2023, 06:32:52 PM
 #147

About altcoin it is widely spread news that altcoins almost risky investment so when we select altcoins it means that we have to be prepared for its risk. While that of bitcoin investment is better option but for those who knows about the strategies for success. The selection of coins matters a lot so we should be aware about the success percentage of selected coin. Bitcoin cannot go to zero so you can select bitcoin, also the success depends on type of investment and mind of the holder that how he thinks and react when market goes against his hopes.









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April 23, 2023, 05:51:16 PM
 #148

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
The Market is not easily predictable that is while most time everything we do is based on guess work. Analysing the market and the market follows the way we planned it makes u ls fee better and I see it a being lucky.

Even though with the consistent learning and trading in the crypto market, we still make the wrong choice and make loses that is why luck is also important in the market as a trader of the cryptocurrency market. As a trader, loses is possible and when we make loses we should not be bewildered and angered because we do not owe the market. Let's keep doing and working in the best possible way that we think we can earn from the market.

Well, I would like to know how to predict accurately, and as a person who has always done bitcoin analysis and who has put a lot of effort into it, I only do analysis when bitcoin rises in price and specifically when there is confirmation that It is in a bullish trend so buy it, otherwise I think it is not very good to buy altcoins, well I personally do not recommend it, but for me bitcoin is the one that always gives the direction of the entire crypto market, and there is no another way for an altcoin to be greater or more important than bitcoin.

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April 25, 2023, 03:58:02 AM
 #149

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
Hold only a coin that is reliable like btc or ethereum and bnb you will only loss in this coin if you sell them at loss, based on the market cap and the popularity of this coin we can say that it is all very legit but it depends on our own decisions and the most important is patience, because if we don't have patience we can sell our holding at loss and we will loss. So patience is very important because if we have patience we can hold and wait.

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April 25, 2023, 04:23:41 AM
 #150

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
First of all if you ask me which I will choose between Bitcoin and ALT Coin I will undoubtedly choose Bitcoin with my eyes closed. Because Bitcoin is a very reliable and trusted currency compared to ALT Coin. Never compare Bitcoin to ALT Coin again.
*Hold
Now is a good time to hold Bitcoin. Because the Bitcoin market has a lot of potential to go to a better stage. Many people who regularly monitor and analyze the Bitcoin market have estimated that the Bitcoin market will be close to one hundred thousand dollars by the end of 2023. Since there is such a possibility, we should hold our coins even if we depend on this possibility.
*Sell
Those who have bitcoins at this time should hold on to bitcoins and not sell them at this time. Because a few days ago we saw that the Bitcoin market went to 31000 which is now at 27000. In the span of a few days, the price of one Bits has decreased by about 4000 dollars. So considering that aspect we should hold our bitcoins without selling them.
*Trade
Trading in Bitcoin can be a good decision at this time. Since some changes are constantly being observed in the market, if the trade can be taken by understanding the market at this time, then there will be a possibility of increasing the money.  But the trade should be done in small increments.

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April 25, 2023, 04:26:06 AM
 #151

Many investors are still experiencing favour from that method of buy when the price is low and sell when the price is high in the market, which is very important to investors who want to achieve something good in the future. You can hold Bitcoin like three or two years before you can sell to get what you want from your holding, because long term holders enjoy more profits than short term holders which you need to apply such strategy to enable you to get it right in this season. You can trade you altcoins in this period, but try your possible best to hold Bitcoin because the price is preparing to increase higher for traders to experience bullish season soon.

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April 25, 2023, 07:52:03 AM
 #152

Many investors are still experiencing favour from that method of buy when the price is low and sell when the price is high in the market, which is very important to investors who want to achieve something good in the future. You can hold Bitcoin like three or two years before you can sell to get what you want from your holding,

Haha no shit, buy low sell high (or in case of futures and predictions, or forex style sell high buy low).

2 to 3 years is obviously a mistake too though. Tou do know that bull runs somehow last around 1 year then you have to wait again for 4 years to get another bull run?

For example if you bought in 2017 at 20k, you would need to wait almost 4 years to sell again for profit.

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April 25, 2023, 08:20:51 AM
 #153

If I were to answer all of them like this, it would be bitcoin, hold, and trade. Selling Bitcoin at this time can never be a good decision. Because Bitcoin has a good chance of increasing in value in the future.

 Since there is a possibility we should exploit this possibility.  Everyone should now increase their holdings by buying some more bitcoins if they can afford to sell bitcoins. 
I keep talking about Bitcoin because investing should always be done in Bitcoin. Because ALT coins cannot be trusted much.

If you have a good understanding of trading, you can profit by trading in any market condition. But to be profitable one must know about the market and acquire sufficient knowledge about trading. If you have enough understanding about these things then you can trade in any condition of the market.
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April 25, 2023, 05:50:51 PM
 #154

To be honest, Bitcoin and altcoins are completely different and nonidentical due to the profit in BTC is guaranteed. The more you buy at  red, the bigger chance to earn in middle and long term unlike the majority of altcoins, they are extremely unstable, it is risky to put large amounts in them. In opinion, you should focus only on Top 10 of cryptocurrencies, they are based on solid projects plus they have a huge community and HYPE, It is safer in invest in them.  And regarding Bitcoin , DO NOT SELL even when the price goes up and keep purchasing as much as you can .
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August 06, 2023, 02:56:47 PM
 #155

You invest 50 percent of your total money in Bitcoin for the long term. Because like other alt coins Bitcoin will never go to zero and long term investment in Bitcoin has good potential of return. Now invest 30 percent of the remaining fifty percent in some good alt coins for long term, and before doing this you must do maximum research about these alt coins and buy when the price is dumping, then when the market is pumping again. Must be sold with  And trade your remaining 20 percent money on some good alt coins. If you can invest, trading and sell in this way, your chances of loss will be much less and you will achieve good success.

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August 06, 2023, 03:12:03 PM
 #156

I would not have any problem saying that bitcoin is the best, but to put it into investment, if a person is an activist as a market speculator, that is something that is Fine, but I would tell them to do it with Bitcoin, but for that? altcoins also give profits, but in view of all that has happened with some currencies it would be very painful if the same thing happened to many, and that is that the project collapses and money is lost, with Bitcoin you do not lose money Quite the contrary is gained,however, if the trader's personality is focused on market speculation, he has to know how to do it.

All coins will give you profit if you can trade by understanding the market but reliability is one thing which I don't find in ALT coins. To me Bitcoin is one of the most reliable coins but I don't trust ALT coins at all because there are already some good ALT coins scams which is why I avoid investing in ALT coins now. Some ALT coins are good for short term trading but ALT coins will never be the best coin for long term investment. Whether we are investing or trading we look for security and reliability of money first. Because if there is no security of money then there is no point in investing in those platforms no matter how much profit there is. Bitcoin seems to me to be the best coin considering security of money or other aspects.

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August 06, 2023, 11:57:36 PM
Last edit: August 12, 2023, 07:31:45 AM by RewFrew
 #157

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
Holding is best policy. If anyone buy and hold Bitcoin and top altcoin he will be must profited there has no doubt. Some moment holding, some times Sell and some times trade is good. I think all are need to good feedback from crypto currency market. Now bear market running. I think now many altcoin huge down. Now time for buy. We saw when bitcoin price down 10% then altcoin price down 20%-30%. So if anyone buy Altcoin he will be huge profited. In future bull session when bitcoin price will increase then altcoin price will increase huge there has no doubt. I recently bought some altcoin for long time hold. I think from this Altcoin investment i will anle to free from financial crisis.

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August 07, 2023, 05:46:34 AM
 #158

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
The two concepts are available if they can be used correctly and appropriately to achieve the end result for profit. Trading is not easy to do if one does not have the ability to learn it and there are many risks too when trading is not carried out according to the right knowledge. That's why many people choose to invest compared to traders, because even though both have a level of risk, most people are more prepared for investment than trading. When you are involved in day trading there may be a lot of potential that can be utilized for the short term, even if you choose an altcoin and the consequences when you are able to learn the journey of the coin.

But for investing we can make one decision in the long term, namely indeed bitcoin until it reaches the next ATH. Decisions from the two available models can be taken if one can be responsible for his choice and I myself prefer to take an investment approach compared to trading, because you don't need to be too bothered to think about it and even if you occasionally try trading maybe only when you have confidence in the conditions ongoing market.

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August 07, 2023, 07:40:39 AM
 #159

In my honest opinion, it's good to hold Bitcoin when you have a lot of capital to buy Bitcoin, but if you only hold a little bit of Bitcoin, maybe in my advice it's better to look for or choose another crypto that also has potential can provide a good profit in the future.
And one of the examples I am referring to is Ethereum, Bnb, Matic, Shibdao, Solana, Dogecoin, and Shiba inu or others, they will definitely give you a higher percentage of income compared to Bitcoin.

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August 07, 2023, 02:05:06 PM
 #160

In my honest opinion, it's good to hold Bitcoin when you have a lot of capital to buy Bitcoin, but if you only hold a little bit of Bitcoin, maybe in my advice it's better to look for or choose another crypto that also has potential can provide a good profit in the future.
And one of the examples I am referring to is Ethereum, Bnb, Matic, Shibdao, Solana, Dogecoin, and Shiba inu or others, they will definitely give you a higher percentage of income compared to Bitcoin.
I also think so about this.
But I want to be firm that if it's about Bitcoin then Holding it long term is best. And if it is about Altcoins then trading them is the best. I don't know where I read about this. But yes, the most profitable thing about Altcoins is to trade them and store them in the long term, of course not good. Because some altcoins even end up scam and lose price. Then Altcoin for the short term is the most appropriate. And for the long term only on Bitcoin.

oh yes in altcoins maybe ETH should be excluded from other altcoins. because it looks like ETH even though it's an altcoin but this one also seems worth it for the long term.

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molsewid
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August 07, 2023, 06:53:53 PM
 #161

In my honest opinion, it's good to hold Bitcoin when you have a lot of capital to buy Bitcoin, but if you only hold a little bit of Bitcoin, maybe in my advice it's better to look for or choose another crypto that also has potential can provide a good profit in the future.
And one of the examples I am referring to is Ethereum, Bnb, Matic, Shibdao, Solana, Dogecoin, and Shiba inu or others, they will definitely give you a higher percentage of income compared to Bitcoin.
If I will be in charge, I will sell my altcoins and leave the bitcoin. and all those money we expexted I will convert it into bitcoin and I will be ready for bullish season, finally ber month is coming and we need to hoard more. But if the altcoin he was saying eth, bnb etc then maybe leave them alone too. Many traders will go on hiatus this month because of that urban myth that they don't want to spend during August.
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August 08, 2023, 07:41:47 AM
 #162

In my honest opinion, it's good to hold Bitcoin when you have a lot of capital to buy Bitcoin, but if you only hold a little bit of Bitcoin, maybe in my advice it's better to look for or choose another crypto that also has potential can provide a good profit in the future.
And one of the examples I am referring to is Ethereum, Bnb, Matic, Shibdao, Solana, Dogecoin, and Shiba inu or others, they will definitely give you a higher percentage of income compared to Bitcoin.
Yes, I have invested in some of the coins you mentioned. I have invested in Bitcoin as well as Bnb and Ethereum. Hopefully by the end of this year if the Bitcoin market is good, all  The price of altcoin will increase. The price of bitcoin depends on it and the price of altcoins will increase. However, if I wait for a long time in the coins that I have invested in, there is a chance to make good amount of money. It is better to wait for a long time to invest, it will result in loss of money Chances are very low.


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August 08, 2023, 11:03:02 AM
 #163

Bitcoin is the best crypto currency to hold for a long period of time which is definitely profitable to trade. But I think it is not good at all to hold altcoins for future because many times altcoins turn into scams. In that case it will be better for us if we invest Bitcoin and hold it for long time. Investing in Bitcoin is certainly promising, but there are some alert coins that are likely to lead to losses in the future. However, there are some altcoins that should be invested in those coins that can be profitable in the future without the risk of losing money. Since it is better to hold for a long period of time and gives better profit, investing in Bitcoin will be the best and wisest thing to do. Before starting a trade it is definitely better to know which one will be best for long term future. In this case, of course, the analysis of various aspects of the market, including Bitcoin, can be understood as to which coin will give profits in the future.

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August 08, 2023, 03:24:36 PM
 #164

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. the past year in the case of 1 coin investing $1000, this coin price today is zero.

There are two things I will list below that make you experience this scenario,

1. Buying at the wrong time, though there is no best time for buying any crypto, buying in the less-risk zones or strong demand zones can save you.

2. Impatient: expecting the coin/crypto to start rising immediately after you hit the buy button, the market doesn't work that way because the market has to turn, shake out and liquidate the weak hands before heading in its direction and if you are not a holder, Obviously you get shaken out by the short-term price manipulation.



 

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August 08, 2023, 03:27:53 PM
 #165

In my honest opinion, it's good to hold Bitcoin when you have a lot of capital to buy Bitcoin, but if you only hold a little bit of Bitcoin, maybe in my advice it's better to look for or choose another crypto that also has potential can provide a good profit in the future.
And one of the examples I am referring to is Ethereum, Bnb, Matic, Shibdao, Solana, Dogecoin, and Shiba inu or others, they will definitely give you a higher percentage of income compared to Bitcoin.
If I will be in charge, I will sell my altcoins and leave the bitcoin. and all those money we expexted I will convert it into bitcoin and I will be ready for bullish season, finally ber month is coming and we need to hoard more. But if the altcoin he was saying eth, bnb etc then maybe leave them alone too. Many traders will go on hiatus this month because of that urban myth that they don't want to spend during August.
Everyone has different views but I will not deny that bitcoin is what I will trust, nothing else, not for fear of altcoin scams because there are still many altcoins that survive in the market for a long time, but I am here more pursuing bitcoin ownership more than other coins.

Actually many are diversified in other coins, there are also those who put 1 basket, namely in bitcoin, this is not wrong because I myself am in bitcoin as an asset that is invested long-term.

Speaking of August or the end of the year now I'm not sure there will be bullish coming.

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August 08, 2023, 11:54:27 PM
 #166

I would not have any problem saying that bitcoin is the best, but to put it into investment, if a person is an activist as a market speculator, that is something that is Fine, but I would tell them to do it with Bitcoin, but for that? altcoins also give profits, but in view of all that has happened with some currencies it would be very painful if the same thing happened to many, and that is that the project collapses and money is lost, with Bitcoin you do not lose money Quite the contrary is gained,however, if the trader's personality is focused on market speculation, he has to know how to do it.

All coins will give you profit if you can trade by understanding the market but reliability is one thing which I don't find in ALT coins. To me Bitcoin is one of the most reliable coins but I don't trust ALT coins at all because there are already some good ALT coins scams which is why I avoid investing in ALT coins now. Some ALT coins are good for short term trading but ALT coins will never be the best coin for long term investment. Whether we are investing or trading we look for security and reliability of money first. Because if there is no security of money then there is no point in investing in those platforms no matter how much profit there is. Bitcoin seems to me to be the best coin considering security of money or other aspects.

Indeed it is so, Bitcoin is the King currency, I am not going to debate that it is the only currency you trust because I am also like that, for me, without bitcoin, altcoins would not exist, in fact, thanks to Bitcoin, they exist and have life all altcoins, for me when talking about bitcoin and alts, everyone does not know, but Bitcoin has a life of its own and that means that all technology always exists, in fact the most relevant altcoins, those that are in the top3 are those that have a behavior very similar to bitcoin, we just have to look at the behavior of ETH, it is a faithful copy of bitcoin, because it is the model, one could not say less about the other altcoins, the other altcoins do not have so much history If we look at Bitcoin, it is more than 10 years old and that makes it a market leader.

When we see new altcoins, you see that they need to go through many stages of the market, here bitcoin has gone through the stages of accumulation and distribution, apart from we have seen throughout history that when an omeda reaches its first stage of distribution, it will never go back it rises, here in Bitcoin that does not happen, many enemies of bitcoin have criticized it for it, but bitcoin has always come out ahead, for me it is digital gold without a doubt, because we have seen that some economists have tried to say that bitcoin It's a bubble, but the main characteristic of bubbles is that when they reach their bullish trend stage, when they fall into accumulation again, they don't go beyond that, they just stay lost, getting lost, and that's where all the investors go. , then it is classified as a bubble, but in this case it is not like that, bitco was about to reach $2k in 2019 and there many investors took advantage of buying and buying, intelligent people by the way, at that moment bitcoin rose and did not I heard what a price under $10k is and now unless it is predicted that it can at least reach $150k, nothing wrong, although I would say that it will reach $200k.

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August 08, 2023, 11:56:18 PM
 #167

In my honest opinion, it's good to hold Bitcoin when you have a lot of capital to buy Bitcoin, but if you only hold a little bit of Bitcoin, maybe in my advice it's better to look for or choose another crypto that also has potential can provide a good profit in the future.
And one of the examples I am referring to is Ethereum, Bnb, Matic, Shibdao, Solana, Dogecoin, and Shiba inu or others, they will definitely give you a higher percentage of income compared to Bitcoin.
Yes, I have invested in some of the coins you mentioned. I have invested in Bitcoin as well as Bnb and Ethereum. Hopefully by the end of this year if the Bitcoin market is good, all  The price of altcoin will increase. The price of bitcoin depends on it and the price of altcoins will increase. However, if I wait for a long time in the coins that I have invested in, there is a chance to make good amount of money. It is better to wait for a long time to invest, it will result in loss of money Chances are very low.
We all are hoping for the market to balance so that we can make some profits from it especially for those of us that had invested in different projects for us to make good profits from the market when the price of thsoe coins finally goes bullish. This is one of the ways to earn massively from the market if we can be patient enough and hold the right cions that will give us the kind of profits we are looking for
 We can either buy or trade Bitcoin with other coins pairs to maximize our opportunity if only we know how to trade very well and earn from the market.









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August 09, 2023, 07:53:31 AM
 #168

Everyone has different views but I will not deny that bitcoin is what I will trust, nothing else, not for fear of altcoin scams because there are still many altcoins that survive in the market for a long time, but I am here more pursuing bitcoin ownership more than other coins.

Actually many are diversified in other coins, there are also those who put 1 basket, namely in bitcoin, this is not wrong because I myself am in bitcoin as an asset that is invested long-term.

Speaking of August or the end of the year now I'm not sure there will be bullish coming.

I split my deposit and try in every bear market to determine for myself a few altcoins that I will accumulate. Almost always, the altcoins I choose give more growth than bitcoin, but I always invest in altcoins less than in bitcoin, because I understand the risks that come with them. Therefore, there is no single right decision, you can buy bitcoin, altcoins, hold and trade, the most important thing is to find those coins that can bring you profit.

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August 10, 2023, 08:43:10 PM
 #169

If I will be in charge, I will sell my altcoins and leave the bitcoin. and all those money we expexted I will convert it into bitcoin and I will be ready for bullish season, finally ber month is coming and we need to hoard more. But if the altcoin he was saying eth, bnb etc then maybe leave them alone too. Many traders will go on hiatus this month because of that urban myth that they don't want to spend during August.
There are many people who do that and sell all the altcoins they own to invest into bitcoin, there are many reasons why people do this and most of us probably already understand how bitcoin reached ATH in its four year journey. Bitcoin is becoming more fundamental to hold and even though many people are holding ETH or BNB, when we want to make big profits it is better to hold bitcoin until it reaches the next ATH.

In August bitcoin was around $29 and I guess the price to reach was only $30 like the previous month. So the consideration for accumulation is still pretty good and maybe gradually we can also take some entries in positions in the next month, as that's how the four year cycle gets closer and I prefer to hold while collecting.

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August 10, 2023, 09:55:12 PM
 #170

Yes, I have invested in some of the coins you mentioned.
Do you invest in meme coins (Doge, SHIB), too?
I don't say meme coins are totally bad, but it is riskier than any other coins. I personally prefer to invest in fundamental altcoins such as ETH, BNB, ADA, MATIC, SOL, or XLM.

I have invested in Bitcoin as well as Bnb and Ethereum. Hopefully by the end of this year if the Bitcoin market is good, all  The price of altcoin will increase. The price of bitcoin depends on it and the price of altcoins will increase. However, if I wait for a long time in the coins that I have invested in, there is a chance to make good amount of money. It is better to wait for a long time to invest, it will result in loss of money Chances are very low.
If you invest for a long term holding, you don't need to worry about the price at the end of this year. Unless you have the intention to sell your coin in the early of next year, you can keep calm whatever the price is. Altcoins prices mostly follow the price of Bitcoin, I'm sure it will increase significantly after BTC halving in the next year. I assume we have almost the same target that selling the coins on bullrun season. But we don't know when the big bullish to come whether it is in 2024 or 2025.


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August 11, 2023, 04:26:08 AM
 #171

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.

In my experience alt coins are the best for short-time benefit, don't hold to for a long time, they will lose its value. However, bitcoin is the only coin you should hold. Don't wait you will earn on that tomorrow but you will in the future
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August 11, 2023, 07:22:24 AM
 #172

Everyone has different views but I will not deny that bitcoin is what I will trust, nothing else, not for fear of altcoin scams because there are still many altcoins that survive in the market for a long time, but I am here more pursuing bitcoin ownership more than other coins.

Actually many are diversified in other coins, there are also those who put 1 basket, namely in bitcoin, this is not wrong because I myself am in bitcoin as an asset that is invested long-term.

Speaking of August or the end of the year now I'm not sure there will be bullish coming.

I split my deposit and try in every bear market to determine for myself a few altcoins that I will accumulate. Almost always, the altcoins I choose give more growth than bitcoin, but I always invest in altcoins less than in bitcoin, because I understand the risks that come with them. Therefore, there is no single right decision, you can buy bitcoin, altcoins, hold and trade, the most important thing is to find those coins that can bring you profit.

Altcoins really has a  big run meaning youll gain massive profit there with just short period of time that is why a lot of investor really wanting to invest in altcoins but again problem is that mostly altcoins will die like they will not last a year which again not promising on the long run except those top altcoins that is why others too invest in Bitcoin it make take few years but again it is somewhat sure profit youll gain
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August 11, 2023, 08:33:07 AM
 #173

Yes, I have invested in some of the coins you mentioned.
Do you invest in meme coins (Doge, SHIB), too?
I don't say meme coins are totally bad, but it is riskier than any other coins. I personally prefer to invest in fundamental altcoins such as ETH, BNB, ADA, MATIC, SOL, or XLM.
I thought of investing in SHIB and Doge coins. But I have no idea if investing in them will be a profit or a loss. That's why I invest very little in meme coins. But this time I hope to invest in meme coins for a long time.  A good amount of profit can be made within a few years. The price of meme coins will increase only when the Bitcoin market is much better.


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August 11, 2023, 09:27:30 AM
 #174

of all the cryptos, bitcoin has always been the best. therefore, many people say that bitcoin has less risk than other altcoins. the method you mentioned is also a safe method, but why people choose other methods, it's because they think that choosing other methods, or altcoins in trading can make their assets grow faster. This is because altcoin price growth is faster than bitcoin prices. for example, the price of an altcoin is $ 1, it will be easier to reach $ 1.5 or $ 2, and by investing $ 100, you can quickly increase 50% or 100% of your assets. the risk is the opposite, the price can also easily go down. therefore, if you want to invest long term choose bitcoin, if you want fast, then altcoin is the choice.
however, everyone has their own way, personally I prefer both depending on the conditions.

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nurilham
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August 11, 2023, 09:52:50 PM
 #175

I thought of investing in SHIB and Doge coins. But I have no idea if investing in them will be a profit or a loss. That's why I invest very little in meme coins. But this time I hope to invest in meme coins for a long time.  A good amount of profit can be made within a few years. The price of meme coins will increase only when the Bitcoin market is much better.
If you are not sure to invest in meme coins, you are better to avoid them. Meme coins are very risky coins, it is very tricky to invest in this coin. Although Doge or SHIB looks increasing their prices constantly now. No guarantee this positive trend to stay a long time. Meme coin price mostly relies on the hype, the price decrease drastically if they are no longer hyped. So, I suggest to not invest in meme coins for a long term holding. Even if you want to try to invest in meme coins, you are better to choose the short term investment. But it is my own perspective.  Wink

DWYOR


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