How Confident Are you With Altcoin In This Time

[uneng]

It's how the game of shitcoin works. If you are fast enough and know what you are doing, You can gain massive profits from it but if you are just a newbie trying to ride it by investing and hoping to rise, Your chance of getting a profit is less than 50% I believe since there are different factors. No matter how you tell people to stop investing on shitcoins, We can't just stop them because there are regular traders who are living their daily lives in investing and trading these shitcoins. It's just few days back where memecoins showed a large price bump. Everyone gets into it and makes massive wins but today, We can see that those memecoins go down and I believe late investors where wiped.

That is why investors who are looking for solid alternatives of cryptocurrencies to invest should give more attention to the main altcoins of the market, instead of trying to hit a hidden gem hoping it's going to reward them x100 or x1000 in a single investment. The most conservative altcoin is still Ethereum, and there also the stablecoins alternatives plus Binance Coin, in case the investor doesn't get annoyed by the fact their investment will be on the hands of a single exchange's performance...

On the final positions of top 10 there are Solana, XRP, Cardano and Polygon, although I'm not sure if they are able to maintain position or if they are going to be replaced on the following years, because crypto market is really volatile. Personally, I think the most conservative strategy is the best one.

I think even investing in cryptocurrencies, even the big altcoins, still comes with risks and requires careful use of strong math. Yes. Conservative investment strategies may suit some investors, while others may be more comfortable taking on higher risks in search of higher potential returns. I think the main factor is new capital, compiling an investment strategy, but what you mentioned is also a useful reference for the community.

It's true there is a considerable risk even when investing on solid altcoins, like ETH. In case that is a concern of the investor, the advice is that he sticks his investment to Bitcoin currency exclusively, since it's the most trustful and reputable cryptocurrency among all, which is ranking on top 1 since the beginning of the industry without any predictions of lefting it anytime on the next years and maybe decade...

New capital, as you mentioned, is always a good strategy, what can be executed through the DCA method. Still, you need to predetermine which coins or tokens you are going to acquire.

[Marykeller]

We've seen how a popular altcoin, like Luna, unexpectedly saw its value decline. An altcoin you have today might experience this. That's another factor contributing to my lack of confidence in the altcoins I hold in my portfolio due to the volatility of the cryptocurrency market. Being less certain about altcoins is preferable to having complete faith in them because anything might happen tomorrow. However, I am not relying on altcoins more than bitcoin. if the altcoins I have, manage to survive this bearish market and enter the bull run by performing well that will be good anyway

[Wiwo]

We've seen how a popular altcoin, like Luna, unexpectedly saw its value decline. An altcoin you have today might experience this. That's another factor contributing to my lack of confidence in the altcoins I hold in my portfolio due to the volatility of the cryptocurrency market. Being less certain about altcoins is preferable to having complete faith in them because anything might happen tomorrow. However, I am not relying on altcoins more than Bitcoin. if the altcoins I have, manage to survive this bearish market and enter the bull run by performing well that will be good anyway

Your feelings about altcoins and their unpredictability is the same as most of us here, and these feelings and realities of most of the altcoins have further aggravated that assumption and lack of confidence in altcoins.

Altcoin should be taken as a gamble and nothing other than that,  its good to make an accurate and in-depth analysis of the coin market before putting down any amount on them if not, it will be better to go all in for Bitcoin since BTC has proven record of success over the years and have not dumped on investors like altcoins do in some accession

[lalabotax]

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery,.......

As long as we don't put too much money in certain coins, as long as we can still feel that we are investing in the amount that we can afford, as long as we really understand the risks, as long as we choose coins that may be arguably more solid, as long as we can get the latest news updates regarding various altcoins possibilities, I am confident enough. Especially if we are able to understand how the market works, how FUD works very fast, then we must be confident, but also accompanied by this understanding. So that at least we don't panic immediately and also don't feel very devastated when we lose our investment.

[Wiwo]

()

As long as we don't put too much money in certain coins, as long as we can still feel that we are investing in the amount that we can afford, as long as we really understand the risks, as long as we choose coins that may be arguably more solid, as long as we can get the latest news updates regarding various altcoins possibilities, I am confident enough. Especially if we are able to understand how the market works, and how FUD works very fast, then we must be confident, but also accompanied by this understanding. So that at least we don't panic immediately and also don't feel very devastated when we lose our investment.

All ball down to the risk management factors because not everyone has that mindset set of risking only the amount you can afford to lose into any coin since they are all gamble and meant for speculations only, but on the other hand some investors allow their emotion to take the better part of them, and that way their only look at the quick gain they are expecting and not minding wether or not the coins are going to crash at some point and they still pump all their capital into such coins but at the end of the day it will all end with regrets.

It is better to buy altcoin before the hype begins and cash out in the pesk of the fuds, but buying at a high price is always a potential dump waiting to happen.

[Peanutswar]

Currently the status of the bitcoin are still holding with the support and resistance so if you take an investment with the altcoin make sure you know the possible price movement of the bitcoin but we know how does the history of the bitcoin moves in that case you can make a good move for accumulation of coins as you can most of the altcoins are getting ride with the bitcoin.
To earn in altcoins while the market is down is to hope get a coin that could gives significant profit due to hype only and make an exit after its release people are doing this nowadays.

[kamvreto]

Currently the status of the bitcoin are still holding with the support and resistance so if you take an investment with the altcoin make sure you know the possible price movement of the bitcoin but we know how does the history of the bitcoin moves in that case you can make a good move for accumulation of coins as you can most of the altcoins are getting ride with the bitcoin.
To earn in altcoins while the market is down is to hope get a coin that could gives significant profit due to hype only and make an exit after its release people are doing this nowadays.

It is quite risky if you rely on Altcoin when Bitcoin is not good like right now. the risk is quite large, but when you find an altcoin that will recover faster it can provide benefits. must be prepared with all the risks that will occur.
Bitcoin is not good, there are several FUDs that attack so that the price of bitcoin crashes and of course altcoins will also be affected more severely.

[siniminomorocomunisakito]

Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

I think everyone here wants to take profits and increase asset values in the future with various patterns, for example entering the altcoins available on the market with the hope that I said. In my opinion if somebody Investing in cryptocurrencies, including altcoins, is indeed considered a high-risk investment due to the highly volatile nature of the cryptocurrency market. However, the potential for profitability cannot be completely dismissed, as there are several altcoins that are gaining popularity and attention from investors.

To determine the potential profitability of each altcoin, it is important to consider various factors, such as the main foundation of the coin's technology, the level of adoption, and the market demand when viewed from daily transactions. These factors can provide insight into the long-term viability of the altcoin and its potential for growth.

My advice, if you want to invest in altcoins carries a high degree of risk, but can also offer potential for significant returns. To make informed investment decisions, it is important to conduct extensive research, consider the various factors that impact the altcoin's potential profitability, and evaluate overall market conditions because they are very volatile. for example last night (my country time) I'm smiling BTC is going up but it's dumping again..

[Sebas.tian]

Based on the performance of altcoins in this season, I have 100% that the price of altcoins will pump massively before the end of this year to allow long term investors to experience favour from their investment. Since the price of Ethereum and binance has increased higher few months ago showed that there will be enough income to achieve any moment from now, because the price of Ethereum will hit $2000 to maintain the second position among other cryptocurrencies. I think, I will still invest in altcoins so that I will have full confidence of making a good profits from Ethereum and binance when the price increase higher to my satisfaction in the market.

[Dr.Bitcoin_Strange]

You know the problem with a lot of these altcoins that are becoming centralized these days is that some sort of story or accusation could just be raised, and before you know it, they have disappeared into thin air. OP, just like the example you gave, who even imagined that Luna would have faced what happened to it? I'd doubt so badly if someone had told me about it before it happened. But by the way, since we can't predict the future and I am being very mindful these days, since any project that is really trusted used to let someone down (although not all, am speaking for my self), I have no confidence in any altcoins at the moment. I used to have a lot of BNB and just some ETH, but at the moment, I have just less of it as I have recently sold a lot of them. I have like little confidence or interest in Altcoins. My vision is to get more BTC

[fauzan Ichsan]

Currently the status of the bitcoin are still holding with the support and resistance so if you take an investment with the altcoin make sure you know the possible price movement of the bitcoin but we know how does the history of the bitcoin moves in that case you can make a good move for accumulation of coins as you can most of the altcoins are getting ride with the bitcoin.
To earn in altcoins while the market is down is to hope get a coin that could gives significant profit due to hype only and make an exit after its release people are doing this nowadays.

It is quite risky if you rely on Altcoin when Bitcoin is not good like right now. the risk is quite large, but when you find an altcoin that will recover faster it can provide benefits. must be prepared with all the risks that will occur.
Bitcoin is not good, there are several FUDs that attack so that the price of bitcoin crashes and of course altcoins will also be affected more severely.

to make long term investments i use the top altcoins to choose from. but if I want to get a large amount of profit and a big risk, then I do altcoin research, let alone a new project to get multiple profits. but I did that only with a little capital used, given the high level of risk. I think there are several altcoins that are trusted and of course the choice of many people, where altcoins have accompanied bitcoin on the top for a long time, and it can be said that there is no doubt about their trust

[Natalim]

Based on the performance of altcoins in this season, I have 100% that the price of altcoins will pump massively before the end of this year to allow long term investors to experience favour from their investment. Since the price of Ethereum and binance has increased higher few months ago showed that there will be enough income to achieve any moment from now, because the price of Ethereum will hit $2000 to maintain the second position among other cryptocurrencies. I think, I will still invest in altcoins so that I will have full confidence of making a good profits from Ethereum and binance when the price increase higher to my satisfaction in the market.

I couldn't agree with that - unless the market went bullish but that is somewhat impossible to happen. It is to remind us that the market is unpredictable but having those previous years' events will give us some insights into when the bull season comes and we have the idea that ATH comes after halving. Though I can't say I was right as it remains a prediction something I was not going to believe that massive comes this year, in fact, the price of Bitcoin is increasing low and so are these altcoins.

[BobK71]

Currently the status of the bitcoin are still holding with the support and resistance so if you take an investment with the altcoin make sure you know the possible price movement of the bitcoin but we know how does the history of the bitcoin moves in that case you can make a good move for accumulation of coins as you can most of the altcoins are getting ride with the bitcoin.
To earn in altcoins while the market is down is to hope get a coin that could gives significant profit due to hype only and make an exit after its release people are doing this nowadays.

It is quite risky if you rely on Altcoin when Bitcoin is not good like right now. the risk is quite large, but when you find an altcoin that will recover faster it can provide benefits. must be prepared with all the risks that will occur.
Bitcoin is not good, there are several FUDs that attack so that the price of bitcoin crashes and of course altcoins will also be affected more severely.

to make long term investments i use the top altcoins to choose from. but if I want to get a large amount of profit and a big risk, then I do altcoin research, let alone a new project to get multiple profits. but I did that only with a little capital used, given the high level of risk. I think there are several altcoins that are trusted and of course the choice of many people, where altcoins have accompanied bitcoin on the top for a long time, and it can be said that there is no doubt about their trust

One of the reasons why investors are interested in investing in altcoins is that they expect to get more with relatively less investment. Investing in altcoins has the potential to get good rewards but it depends on your investment. Depending on where you are investing. Some altcoins have good reputation in trading for a long time. In terms of investment, if you can invest in all those altcoins, the investment can be profitable but the risk his so high. As the market is still a reliable place for investment, investing in a good project has the potential to get good returns.

[wajik-tempe]

You know the problem with a lot of these altcoins that are becoming centralized these days is that some sort of story or accusation could just be raised, and before you know it, they have disappeared into thin air. OP, just like the example you gave, who even imagined that Luna would have faced what happened to it? I'd doubt so badly if someone had told me about it before it happened. But by the way, since we can't predict the future and I am being very mindful these days, since any project that is really trusted used to let someone down (although not all, am speaking for my self), I have no confidence in any altcoins at the moment. I used to have a lot of BNB and just some ETH, but at the moment, I have just less of it as I have recently sold a lot of them. I have like little confidence or interest in Altcoins. My vision is to get more BTC

It makes sense that recent movements in the cryptocurrency market have made you concerned and unsure about making investments in them, because if some projects could struggle or fail, others might succeed and bring in a lot of money. Given its track record of stability and significant market capitalization, BTC is unquestionably a solid option as a store of value and a long-term investment.

[Jocuserious]

I have not enough confident for altcoins market. Because there price life not stable so we couldn’t telling them for invest force. If you have own choice for buy a token then no need to worry about my opinion. You money with profits everything your hand so that's why i want fake information. If you are a smart investors then every market has good mark for you.

[petulino]

I have not enough confident for altcoins market. Because there price life not stable so we couldn’t telling them for invest force. If you have own choice for buy a token then no need to worry about my opinion. You money with profits everything your hand so that's why i want fake information. If you are a smart investors then every market has good mark for you.

If you have good and best altcoins then you don't need to worry about them.Those who have invested in the top and best cryptocurrencies in the market are fully confident about it.If your choice is not good and you have not chosen a good and top cryptocurrency,Then you can't trust altcoin.

It's true that everyone makes their own decision and invests in cryptocurrencies with their own perspective, but the analysis and advice of others can be of great benefit to most people.Of course, each person should make his own decision, but the opinion of others should not be ignored

[carrie_white]

I feel confident about the current condition of the crypto market, I think 2023 will be much better than 2022, especially bitcoin, bitcoin has experienced a significant increase compared to last year, hopefully this will have an impact on altcoins too

[bitgolden]

We've seen how a popular altcoin, like Luna, unexpectedly saw its value decline. An altcoin you have today might experience this. That's another factor contributing to my lack of confidence in the altcoins I hold in my portfolio due to the volatility of the cryptocurrency market. Being less certain about altcoins is preferable to having complete faith in them because anything might happen tomorrow. However, I am not relying on altcoins more than bitcoin. if the altcoins I have, manage to survive this bearish market and enter the bull run by performing well that will be good anyway

This is why you should always be careful when you are investing into anything. It is obvious that people could end up with something but that doesn't mean that we are going to end up with a good result eventually, that's not going to be possible at all. Focus on how you could make a profit when you could and then stop it and move on so that you do not become too greedy.

If you stay for too long and not really make any noise, then you are going to end up with a bad result without a doubt. I personally believe that the best thing to do in this case is to make sure you invest carefully and for a short period of time if you are unsure. Maybe not ETH or BNB and so forth, you can hold them for long term, but smaller ones require lesser time holding.

[fvb]

I will not be original, but I think that in my humble opinion now is a good time for altcoins. And I am confident in many of the top tokens, especially those that have their own blockchain

[jacafbiz]

There is no doubt that Altcoins still have massive potential for growth and presents great reward than Bitcoin the issue now is greed, most of them are just cash grab, the developers want to be paid and rewarded from day one wish is a concern, I think this is as a result of investors getting made quickly investing into these tokens and if these investors can make this much why not us developers and when these developers get rich the incentives to keep working on their project is no more there, though there are still some few projects in the space that the developers have not lost motivation to keep working on their protocols