Be watchful it's not yet time

[tengui]

Two things are certain to happen in the crypto market, namely up or down and bullish or bearish. in other words rising and falling prices are common in the crypto market and bullish is sure to come, all we need to do is be patient and buy as much as possible in preparation for bullish.

[1714676056]

1714676056

[1714676056]

1714676056

[wxa7115]

After some incident in my trading life I have completely now avoiding those new token or what ever you said alternative coins for investing. Because my personal opinion is when you have better option in front of you why you will take the riskes. There is Bitcoin is the best option for investing avoid losses and also there is available that top pairs of alternative coin for investing. So why I would put my feet on the trap. Anyway if anyone on invest in alternative I mean new tokens then the fun should be smallest.

Not all new tokens is scam but most of new tokens is scam. Real talk. Bitcoin won’t make you avoid losses instead it only reduces your potential losses since altcoin risk is terrible like what happened to Luna and FTX that literally make your holdings worth a penny.

That’s why investing on new tokens needs to be done moderately to avoid huge losses. It’s a high risk high reward. If you can’t afford or handle risk then choosing Bitcoin as sole investment is the right thing to do for a safe trading experience in crypto.

While many of the old timers on this forum discourage to invest in those new projects, I think the biggest mistake by far is the asset allocation newbie investors implement, if the majority of the funds they invested in this market were allocated in bitcoin or ethereum and only a small percentage of their funds were invested in high risk altcoins then I would have no problem with it.

As even if they were to lose their investment on those coins this will serve as a lesson for those newbies to avoid those coins from now on, but when newbies invest all their funds on those coins then losing means a loss all of their capital, and almost no one can recover from such brutal loss.

[Blitzboy]

After some incident in my trading life I have completely now avoiding those new token or what ever you said alternative coins for investing. Because my personal opinion is when you have better option in front of you why you will take the riskes. There is Bitcoin is the best option for investing avoid losses and also there is available that top pairs of alternative coin for investing. So why I would put my feet on the trap. Anyway if anyone on invest in alternative I mean new tokens then the fun should be smallest.

Not all new tokens is scam but most of new tokens is scam. Real talk. Bitcoin won’t make you avoid losses instead it only reduces your potential losses since altcoin risk is terrible like what happened to Luna and FTX that literally make your holdings worth a penny.

That’s why investing on new tokens needs to be done moderately to avoid huge losses. It’s a high risk high reward. If you can’t afford or handle risk then choosing Bitcoin as sole investment is the right thing to do for a safe trading experience in crypto.

While many of the old timers on this forum discourage to invest in those new projects, I think the biggest mistake by far is the asset allocation newbie investors implement, if the majority of the funds they invested in this market were allocated in bitcoin or ethereum and only a small percentage of their funds were invested in high risk altcoins then I would have no problem with it.

As even if they were to lose their investment on those coins this will serve as a lesson for those newbies to avoid those coins from now on, but when newbies invest all their funds on those coins then losing means a loss all of their capital, and almost no one can recover from such brutal loss.

Lets advise new buyers. Your asset division point is crucial. Friends, investment isnt about the latest, greatest. Its forethought, wise allocation, and diversification. In our crypto jungle, Bitcoin and Ethereum are the lions - trustworthy, robust, and well-known. However, altcoins are like monkeys with no direction. They may perform incredible tricks, yet they may fall and take your money. Dance with these monkeys with a tiny amount of money you can afford to lose. Falling won't end anything. Who knows? You may learn from a minor loss

[TheUltraElite]

While many of the old timers on this forum discourage to invest in those new projects, I think the biggest mistake by far is the asset allocation newbie investors implement, if the majority of the funds they invested in this market were allocated in bitcoin or ethereum and only a small percentage of their funds were invested in high risk altcoins then I would have no problem with it.

The problem with a smaller allocation to higher risk projects is that the possible gains from them is also small, because the profit will be proportional to the capital. So if the traders sees that they are getting profit, they will be encouraged to put in more allocation to that high risk asset, even drawing from the stack of less risky assets just because the short term gains was good.

This is human nature and one fine day when that project crashes, they will have loss written over their folios.

Only if the trader is able to maintain the same allocation percentage to that project inspite of increasing profits then only this method works out, in most cases they can stop this temptation.

[Yamifoud]

Lets advise new buyers. Your asset division point is crucial. Friends, investment isnt about the latest, greatest. Its forethought, wise allocation, and diversification. In our crypto jungle, Bitcoin and Ethereum are the lions - trustworthy, robust, and well-known. However, altcoins are like monkeys with no direction. They may perform incredible tricks, yet they may fall and take your money. Dance with these monkeys with a tiny amount of money you can afford to lose. Falling won't end anything. Who knows? You may learn from a minor loss

Well, the market is so tricky and it was already flooded with shitcoins and scam projects. This is very unfortunate that ever happen in crypto as we thought that this is a safe place but somehow, it turns out like it gives us some reason to decline the said  earning opportunity if we are not sure that our investment will grow or badly at loss. I'm afraid and sO I don't encourage my friends to invest in crypto if they don't understand the situation and I don't make myself a medium for the losses. We learn more but yes, we had also lose money first.

[swogerino]

Lets advise new buyers. Your asset division point is crucial. Friends, investment isnt about the latest, greatest. Its forethought, wise allocation, and diversification. In our crypto jungle, Bitcoin and Ethereum are the lions - trustworthy, robust, and well-known. However, altcoins are like monkeys with no direction. They may perform incredible tricks, yet they may fall and take your money. Dance with these monkeys with a tiny amount of money you can afford to lose. Falling won't end anything. Who knows? You may learn from a minor loss

Well, the market is so tricky and it was already flooded with shitcoins and scam projects. This is very unfortunate that ever happen in crypto as we thought that this is a safe place but somehow, it turns out like it gives us some reason to decline the said  earning opportunity if we are not sure that our investment will grow or badly at loss. I'm afraid and sO I don't encourage my friends to invest in crypto if they don't understand the situation and I don't make myself a medium for the losses. We learn more but yes, we had also lose money first.

Market is not in a bull run at all and although we see some recovery above 30.000 dollars it didn't held,meaning we are in a recovery phase,it is a great phase to invest but not in new shitcoins,only in trusted projects that are in the top 20-50 in the coinmarketcap listings,it is not mandatory that anyone should invest a lot of money in order to make profit,one can start with as little as he has and keep growing his stash according to his possibilities,crypto is for everyone so everyone should be included and not only the whales.Personally I have only a couple of coins that hold but I trust in them,Bitcoin,Litecoin,Zilliqa,Ethereum Classic and Raptoreum which I hold a huge number of them despite them being down dramatically in value,I trust in these projects so I hold them,anyone can find a good project with good reviews and use it to start investing.

[Xal0lex]

Market is not in a bull run at all and although we see some recovery above 30.000 dollars it didn't held,meaning we are in a recovery phase,it is a great phase to invest but not in new shitcoins,only in trusted projects that are in the top 20-50 in the coinmarketcap listings,it is not mandatory that anyone should invest a lot of money in order to make profit,one can start with as little as he has and keep growing his stash according to his possibilities,crypto is for everyone so everyone should be included and not only the whales.Personally I have only a couple of coins that hold but I trust in them,Bitcoin,Litecoin,Zilliqa,Ethereum Classic and Raptoreum which I hold a huge number of them despite them being down dramatically in value,I trust in these projects so I hold them,anyone can find a good project with good reviews and use it to start investing.

Why add unnecessary risk to your investment? Just buy bitcoin and hold it, it will give as much profit as the altcoins in the top 100. Only bitcoin has a better chance of this profit than these altcoins. To confirm my words you can compare how much profit over the last 3 years altcoins have given and how much bitcoin has given. The difference will be minimal and sometimes even in favor of bitcoin. I don't see the point of changing bitcoin for altcoins in such a situation.

[Kasabus]

Who said that we are now in the verge of experiencing bull run? Because as far as I know, that will only happen if we are seeing consistent price hike not just for bitcoin but in majority of the crypto coins. And since it’s not happening yet, then we should be watchful not to absorb and rely information that are actually misleading. Bitcoin halving is set to happen by next year, so we should patiently wait for it while preparing our portfolio by maximizing our bitcoin accumulation.

[Natalim]

Market is not in a bull run at all and although we see some recovery above 30.000 dollars it didn't held,meaning we are in a recovery phase,it is a great phase to invest but not in new shitcoins,only in trusted projects that are in the top 20-50 in the coinmarketcap listings,it is not mandatory that anyone should invest a lot of money in order to make profit,one can start with as little as he has and keep growing his stash according to his possibilities,crypto is for everyone so everyone should be included and not only the whales.Personally I have only a couple of coins that hold but I trust in them,Bitcoin,Litecoin,Zilliqa,Ethereum Classic and Raptoreum which I hold a huge number of them despite them being down dramatically in value,I trust in these projects so I hold them,anyone can find a good project with good reviews and use it to start investing.

Why add unnecessary risk to your investment? Just buy bitcoin and hold it, it will give as much profit as the altcoins in the top 100. Only bitcoin has a better chance of this profit than these altcoins. To confirm my words you can compare how much profit over the last 3 years altcoins have given and how much bitcoin has given. The difference will be minimal and sometimes even in favor of bitcoin. I don't see the point of changing bitcoin for altcoins in such a situation.

It can't deny that Bitcoin is a profitable investment when it talks about long-term investment but somehow, people are impatient and so they will choose altcoins because of thinking they could earn a profit right away like how these hyped projects do - meme coins are an example. Putting that situation, I could understand that people are not focused on the long-term but what they wanted is to earn every day. Well, might some people have made this and so they use to keep it that way?

[Rengga Jati]

Many people have gained trust that we are automatically back to the bullrun, this made them to be free in choosing altcoin and newly launched tokens without knowing that cryptocurrency price action and movement are so unpredictably. It could be high at this very moment and In the next few moments we may witness a serious dip without knowing what propelled to such rejection in price.

This is the hope of most people or even everyone who is covered in Bitcoin and cryptocurrencies. that we always expect a bullrun like what happened in previous cycles. Indeed, no one guarantees 100% that there will always be a bullrun era, but the crypto cycle has been like that so far, if the cycle continues to spin, the health is that one day there will be a face bullish era, after the halving at least. However, what is not certain is the exact time and how much the market will increase during this bullish cycle.

For this reason, we as crypto enthusiasts must also be patient and wise in dealing with various market conditions in each cycle. Don't let us be too overconfident and become greedy because of very high expectations. And don't panic quickly whenever there is a change in the price of crypto on the market that occurs continuously and drastically.

Who said that we are now in the verge of experiencing bull run? Because as far as I know, that will only happen if we are seeing consistent price hike not just for bitcoin but in majority of the crypto coins. And since it’s not happening yet, then we should be watchful not to absorb and rely information that are actually misleading. Bitcoin halving is set to happen by next year, so we should patiently wait for it while preparing our portfolio by maximizing our bitcoin accumulation.

Yes, I think some people, especially newbies, might think that every time the crypto market goes up a few percent, they consider it a sign of bullrun. Even though it's not certain, because surely after the increase there will be a market correction that they might not have expected. What's more, there are still phases or other steps that must be passed before the bull run occurs. And it's also no guarantee that the right time will happen.

[Xal0lex]

Why add unnecessary risk to your investment? Just buy bitcoin and hold it, it will give as much profit as the altcoins in the top 100. Only bitcoin has a better chance of this profit than these altcoins. To confirm my words you can compare how much profit over the last 3 years altcoins have given and how much bitcoin has given. The difference will be minimal and sometimes even in favor of bitcoin. I don't see the point of changing bitcoin for altcoins in such a situation.

It can't deny that Bitcoin is a profitable investment when it talks about long-term investment but somehow, people are impatient and so they will choose altcoins because of thinking they could earn a profit right away like how these hyped projects do - meme coins are an example. Putting that situation, I could understand that people are not focused on the long-term but what they wanted is to earn every day. Well, might some people have made this and so they use to keep it that way?

This is exactly the only advantage of altcoins over bitcoin, they grow in value much faster than bitcoin. Otherwise, I don't see the point of investing in altcoins if they will give about the same return. Memcoins are a kind of casino, a roulette game. If you pick the right memcoin at the right time, you can win the jackpot, except that the chances of investing in the right memcoin are negligible, even less than playing roulette. People are driven by the lust for profit, which is why memcoins are so popular among young crypto investors.

[beerlover]

Lets advise new buyers. Your asset division point is crucial. Friends, investment isnt about the latest, greatest. Its forethought, wise allocation, and diversification. In our crypto jungle, Bitcoin and Ethereum are the lions - trustworthy, robust, and well-known. However, altcoins are like monkeys with no direction. They may perform incredible tricks, yet they may fall and take your money. Dance with these monkeys with a tiny amount of money you can afford to lose. Falling won't end anything. Who knows? You may learn from a minor loss

Well, the market is so tricky and it was already flooded with shitcoins and scam projects. This is very unfortunate that ever happen in crypto as we thought that this is a safe place but somehow, it turns out like it gives us some reason to decline the said  earning opportunity if we are not sure that our investment will grow or badly at loss. I'm afraid and sO I don't encourage my friends to invest in crypto if they don't understand the situation and I don't make myself a medium for the losses. We learn more but yes, we had also lose money first.

Many people fall for those even today. I think there should be some sort of "entry to crypto 101" type of class everyone must take if they want to start trading or investing into cryptocurrencies. It's obvious that too many people get in without knowing much about anything and that results with not great returns.

I get that it may not be the thing you are looking for, I know that a lot of people want to take a profit right away and not care about classes or courses, but at the end of the day this is what needs to be done in order to protect people, that's how you could become better. If people keep this up, then there will be a lot of poor people and a few rich devs, that's how it's looking for the time being.

[albon]

Many people have gained trust that we are automatically back to the bullrun, this made them to be free in choosing altcoin and newly launched tokens without knowing that cryptocurrency price action and movement are so unpredictably. It could be high at this very moment and In the next few moments we may witness a serious dip without knowing what propelled to such rejection in price.

Deep down inside out minds we taught the halving is already there, so therefore we are free to still make whatever choices we want since any coin we buy and hold makes progress during the bullrun, It would likely affect us by making wrong choice. Do your research and never rely on anyone to give you accurate information about any projects because it's your money and by no chance did those people contributed to you.

Good luck and stay safe while we patiently wait to swimming into bull season.

The wrong decision made by investors in times of the bear market when choosing new or scam altcoins, entering in the incorrect times, or relying on recommendations channels or channels of pumping and dumping will have dire results. Investors, after conducting their necessary research, must control themselves and their emotions, enter the school of classical analysis, adhere to financial management, rely on themselves in their investment decisions, and follow the stop loss without the need to rely on or engage in paid recommendations groups that do not guarantee any correct results because the cryptocurrency market no one cannot predict it and also waiting patiently is an essential factor for their carefully chosen currencies that have value and many use cases and invested in them. No one knows when the bull run season will come, but we must prepare and not make mistakes as much as possible and not sell what we hold at a loss, and learn from the experiences of others.

[blockman]

Many people fall for those even today. I think there should be some sort of "entry to crypto 101" type of class everyone must take if they want to start trading or investing into cryptocurrencies.

As much as that should be a requirement for exchanges, they want the fastest way for people to get into them deposit and then have their respective trades.

It's obvious that too many people get in without knowing much about anything and that results with not great returns.

A sad truth that many wants to get involved in the market and do it the quickest that they can without learning the basics and gets down too quickly without knowing that much of what they're entering. The risk is greater with that approach and basically they're aware of the results that might not be good for them.

[Dessy88]

You have to understand that we never know when the market will go against us. So we should make a clear investment and replace the strategy during our profitable period. Because here no one will guarantee you for Bullran so always prepare yourself that ever you will sell and how your profit will double. Bull markets require you to adopt a fixed strategy, so building profits within them is a smart investment.

[JahriMeayer]

It seems op was right about his words and recently crypto market experiencing down trend. I support your statement about those newbies who just enter crypto market and randomly buy anything as if bull will be start some days later! I think bull run is still far away from current time. And very possible to experience many up and down in crypto market. But choosing potential altcoins is important as those will pump in long run even if bull run is long long away

[Wahyuihib]

It seems op was right about his words and recently crypto market experiencing down trend. I support your statement about those newbies who just enter crypto market and randomly buy anything as if bull will be start some days later! I think bull run is still far away from current time. And very possible to experience many up and down in crypto market. But choosing potential altcoins is important as those will pump in long run even if bull run is long long away

Correct.  therefore having friends who have more experience will certainly be very profitable when the market is experiencing a trend like today.  so that we can know which coin we should buy

[Godday]

we are free to still make whatever choices we want since any coin we buy

Yes! I totally agree with what you have said. No one can really tell when the bullrun season is and when it is the red bear market season. And no one can really give an accurate prediction for a coin price. I think it would be better to invest according to our own choice.

[Magic-Money]

That's it, because they are many alt-coins in the crypto market to invest or newly lunch in the crypto market that may pump or dip by dumpster, so before making a choice to invest in any coin has to make a good research before buying and is very important here in the ecosystem while waiting for next bitcoin halving and now is the right time to buy and hold.

[Blitzboy]

Many people have gained trust that we are automatically back to the bullrun, this made them to be free in choosing altcoin and newly launched tokens without knowing that cryptocurrency price action and movement are so unpredictably. It could be high at this very moment and In the next few moments we may witness a serious dip without knowing what propelled to such rejection in price.

Deep down inside out minds we taught the halving is already there, so therefore we are free to still make whatever choices we want since any coin we buy and hold makes progress during the bullrun, It would likely affect us by making wrong choice. Do your research and never rely on anyone to give you accurate information about any projects because it's your money and by no chance did those people contributed to you.

Good luck and stay safe while we patiently wait to swimming into bull season.

The wrong decision made by investors in times of the bear market when choosing new or scam altcoins, entering in the incorrect times, or relying on recommendations channels or channels of pumping and dumping will have dire results. Investors, after conducting their necessary research, must control themselves and their emotions, enter the school of classical analysis, adhere to financial management, rely on themselves in their investment decisions, and follow the stop loss without the need to rely on or engage in paid recommendations groups that do not guarantee any correct results because the cryptocurrency market no one cannot predict it and also waiting patiently is an essential factor for their carefully chosen currencies that have value and many use cases and invested in them. No one knows when the bull run season will come, but we must prepare and not make mistakes as much as possible and not sell what we hold at a loss, and learn from the experiences of others.

The true issue is stupidity and impatience. You're right; greedy, half-baked buyers who seek rapid money make lousy decisions. How can someone anticipate good returns by randomly following sponsored advice sources? History is filled of examples of rash actions. This applies to all human decisions, not just money.

Cryptocurrency isnt a lottery ticket. Study, time, and determination are needed. Stop taking the easy way out and believing in "pump and dump" methods. They should employ real research. "Subjective feelings have always affected people more than objective facts." You shouldn't base your decisions on how you feel.

For God's sake, don't use "tip groups." Dig deep to find the true value. No one knows the crypto market, but patience, skill, and luck may help you control it.