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Author Topic: Do you love and enjoy taking risk?  (Read 1780 times)
crzy
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March 25, 2023, 09:49:31 PM
 #41

There is no future, Bitcoin is the main driver of all these altcoins, altcoin always follows the movement of bitcoin because it is the market leader.

It is not wrong to take risks by buying some altcoin but be careful not to buy large quantities, it is better to buy a few altcoins with only a small part of the capital, but do not hope to reap profits quickly you have to wait a while.
There’s no rush in making profit, it should be based on timing and trend as well.
Taking risk is not easy since you are going to invest with your money so it should be based on fact and not just based on any signal. Always do your own research, and if you can’t take the risk don’t force yourself to do so just invest on what you can afford to lose.
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March 25, 2023, 10:43:41 PM
 #42

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable.
Just for the record, altcoins are as unpredictable as Bitcoin if anything might as well be worse as they wait for Bitcoin to react or the alts to be manipulated.

I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.
Just hang in there your portfolio will bounce back.

What future do we really hope for altcoins without bitcoin?
All I know is that altcoins will always perform better than Bitcoin, but the problem is finding or catching the altcoin with the biggest gains...but all in all alts still hold a special place in the cryptospace as they fill the gaps that Bitcoin can't fill.

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March 25, 2023, 11:13:56 PM
 #43

such decision of taking risk in investing should also be accompanied with the fact that you are responsible enough in doing yourself a favor of not going all in, only use money that you could afford to lose then it's gonna be fine.
if you're going all in and eventually you become broke, then that's just gonna be silly decision.

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March 26, 2023, 04:01:31 AM
 #44

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?
Well, though it's sometimes become important to take risks to see what the outcome would be, it is not good to go very hard about it. Taking calculated risks should be enough to have an understanding of how different tokens and markets work and whether you can earn any profits from them or not if you were ever to invest larger sums on them.

Bitcoin is no doubt the king of the market, and almost every single altcoin follows its trail whether it goes up or comes down. So it is wiser if a person invests most of their capital in Bitcoin and only a small percentage in altcoins.

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March 26, 2023, 04:40:00 AM
 #45


What future do we really hope for altcoins without bitcoin?

Alts owe their existence to Bitcoin, without Bitcoin most of them will die. However, there are some like ethereum which would probably do fine without btc.

I wish I could give more examples, but I think only ethereum will survive.

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March 26, 2023, 11:37:32 AM
 #46

The problem of investing in altcoins is that it is not considered a diversification of investment because its price movements are linked to the price of Bitcoin, and therefore it is similar to the movement of Bitcoin if it rises or falls, then its role in investing is in speculation, as you will try to trade quickly in order to withdraw your money from Bitcoin to alternative currencies, So it's not a buy-and-hold medium-term or long-term model.

if you are a good trader you can speculation with price difference in short term.

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March 26, 2023, 11:57:37 AM
 #47

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?
A valuable lesson for you, you know when the market is at its best, just buy bitcoin, because just imagine the market then if bitcoin drops further, how will altcoins affect and fluctuate .
Even so, don't be too sad, see everything is over and you need to think more positively, especially now that the market is showing many positive signs, the price is better than a few months ago. so many. So what you need to do is to prepare yourself a good plan so as not to miss the next bull cycles.

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March 26, 2023, 05:22:08 PM
 #48

I like to buy altcoins when the market is improving, or there is fomo about a coin, but unfortunately lately I often get liquid because of trading leverage, there are things that I understand from there, but I still have to raise capital again.

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March 26, 2023, 06:05:11 PM
 #49

Quote
Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

There is no doubt that there are many small coins that can be trusted very little.Because there are many projects that do not make any progress after investment and are running at the price at which one buys.Rather, some even fall below the purchase price.And when the market is moving upwards, no change occurs in the coins of these projects.But still there are great and good projects in the market which can be good investment even though they are new and where you can earn more profit with less risk.Because the cryptocurrency market is a market where risk is always present.But instead of investing in one cryptocurrency, if you invest in different crypto currencies, your risk can be reduced. Even if one project fails, you can get a good return if the other projects succeed.So by following a good strategy you can have the best profit policy even within small coins.Because risk exists in every business, but with the best planning and strategy, you can reduce your risk.Small cryptocurrency projects can also give you huge profits if successful.But for that you have to get complete knowledge about these projects.

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March 26, 2023, 09:40:01 PM
 #50

You have made a fundamental mistake in this market, your case is contradictory when last month you saw a better opportunity with altcoins than btc.
The fact that many people come to the market but only follow the advice of friends and relatives without studying what they are doing with the market, it is risky to hold money to invest like that. And I think you need to stay calm to reassess your current loss and see a new plan to fix this.
Personally, I have always prioritized BTC in the crypto market and only allocate a small amount of capital to top altcoins when the market is down, and will DCA them with money from main outside work. And when the market rallies I look at altcoins with ongoing trends.
The reason why investing in altcoins is that you never know what the outcome will be. If you do your research and analyze a project before making an investment, that might make your investment less risky but even after that, it will still be a risk. Those who don't do any research and analysis before investing in altcoins will probably face the consequences.

As you said, the best way is simply to choose Bitcoin as the main asset for investment and then spread the remaining capital among the top and trusted altcoins out there, like ETH, BNB, LTC, and many more.

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March 26, 2023, 11:04:01 PM
 #51

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?
Every cryptocurrency investor that doesn't enjoy taking a risk will make the needed profit but what is important is how you take the risk and I believe you have made the wrong decision.
If Bitcoin is still unpredictable and its trend will determine the momentum of other cryptocurrencies in the market why not choose instead of Meme coin and Tron hardly make $1 price?
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March 27, 2023, 12:53:33 AM
 #52

In crypto investing , risk is part f the game for us to earn but this does not necessarily mean that we will love taking it , if there is a chance that lessen the risk then grab that chance mate.
but of course there are so much to risk here for us to gain and that is what crypto means , there is no great earning if you are afraid of risking.
Risk is part of cryptocurrency, so unlike your willingness you're taking risk. Whether it is altcoins or bitcoin doesn't matter. With bitcoin the risk is low whereas with bitcoin the risk is high. Most of the people prefer to take big risk, because it have got the ability to give better profit.

.
and before we enter this area, we must understand its nature , this is pure speculation then it means we are here to risk than to learn.

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March 27, 2023, 02:25:40 AM
 #53

such decision of taking risk in investing should also be accompanied with the fact that you are responsible enough in doing yourself a favor of not going all in, only use money that you could afford to lose then it's gonna be fine.
if you're going all in and eventually you become broke, then that's just gonna be silly decision.
actually we are all responsible for our own money mate, remember that no one will give more concern that us so of course decision must be made with much careful and much understanding.


in the past ? I love to gamble meaning taking a risk is part of my career but not for too much meaning at least I want a 50/50 chances or even higher this is the reason why I only have Big part of bitcoin in my folio and just a few part remains for altcoins.
that is how I make sure my investments.










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March 27, 2023, 06:09:54 AM
 #54

I like to buy altcoins when the market is improving, or there is fomo about a coin, but unfortunately lately I often get liquid because of trading leverage, there are things that I understand from there, but I still have to raise capital again.
By getting liquid, do you mean that you get liquidated because you have been using leverage? If you are trading futures and having your capital liquidated all the time, it's better if you take a step back and first learn and understand everything about how leverage trading and margin trading work then you should go for futures if you feel that you have understood everything.

Otherwise, you will lose your capital again, especially if you are trading very volatile tokens in futures trading. It is better to stick to more constant coins and tokens like Bitcoin where the chances of getting liquated very quickly are minimum if you know how to place your limits.

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March 27, 2023, 09:31:55 AM
 #55

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?
I'm sorry to hear about your investing experience and hope you learned a valuable lesson from it. Investing in altcoins can be very attractive because they have stronger upside potential than Bitcoin, but there is also a lot of risk and no guarantee of returns.

Regarding the future of altcoins, I think they can still grow and become more popular in the future. However, it is important to note that no altcoin can survive and develop independently without depending on Bitcoin. Bitcoin is the largest and most popular cryptocurrency in the world, and it has a great influence on the entire cryptocurrency market.
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March 27, 2023, 01:28:44 PM
 #56

There is also a lot of risks involved with not taking risks, wait till you are billed for not trying, everything we do have it's purpose, either business, opportunity, zeal, faith, hope, and so on, if you so desire for life changing opportunities you have to take risks or you will remain in the same spot or even get more worse as time fly you by.

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March 27, 2023, 01:29:36 PM
 #57

I like to take risks but with more stable projects.For me, tokens with a multibillion-token capitalization and everything related to the name mask in the name do not look serious.While there is an opportunity,it is better to buy more interesting assets at the lowest price for example such as Litecoin.

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March 27, 2023, 03:29:12 PM
 #58

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?
If I observe that you bought them a few months ago, this is the time when you have made certain profits, I am not sure if you are providing the correct information about your investment plan. mine. But basically the way you evaluate and comment on this market has a lot of mistakes, when in a bear market people will proceed to accumulate BTC until the trend shift occurs, change the portfolio and Diversify to altcoins to get more profit in the short term. And hope you will have good luck in your investment journey with this market, and equip yourself with more skills.

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March 27, 2023, 06:23:27 PM
 #59

taking risk is not enjoyable but we should understand that everything possess some sort of risk and we have to manage these risk. Without bitcoin there so many coins which are good for increasing your money but it depends greatly that how you handle it whether you hold it or just a day trader. Altcoins are risky and as Bitcoin increase all altcoins increases and vice versa but in my opinion there is no other better coin than bitcoin. I know that numerous coins can give you advantages but bitcoin is consider as a king which can never be replaced by any other coin.

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March 27, 2023, 07:23:19 PM
 #60

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?
Actually it has nothing to do with Bitcoin. The problem is that the token you buy does have a bleak future, so it's clear that your money dries up within one week. Altcoins have followed in Bitcoin's footsteps, but not all altcoins have done the same.

ETH and Tron are certainly the right choice, although the current price is not doing much better. But beby doge, or other obscure tokens it would be nice to avoid.
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