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Author Topic: Top altcoin that you won't buy anymore  (Read 2286 times)
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November 21, 2023, 10:57:51 AM
 #101

There are couple that were once known as Ethereum killer like NEO and DOT then there is LTC as well as XRP. I used to have them in my portfolio sometime back but it felt they are not worthy it for various reasons. I feel it is better to buy meme coin and take a big risk or invest in coins that have been in the market and are on the top 10 position on Coingecko.

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November 21, 2023, 12:33:03 PM
 #102

I think TRON is not good to buy anymore next year because there are already lots of good choices in the crypto market today and most of them have good updates and nice development also they have promise roadmaps that you don't find from their competitors. I hope we will see some more decentralized coins next year too and we need as much as we can because they are not making such kinds of coins nowadays due to the rules imposed by the government. They need to make some innovative strategy to preserve the purpose of financial freedom that we were dreaming of.

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November 21, 2023, 02:48:33 PM
 #103

yes. Many people are disappointed with TRX because of the long turnaround time and even HODL doesn't change the asset estimate much. I think Solana is a good choice. Did you buy when the price crashed yesterday? if there is, that's the proof. for others it is good too but currently if I look at SOL it is quite prominent and the price is now $56.16 from the previous low after the big correction of $9.69.

What do you think OP Wink.
Those who bought SOL at its lowest in this bear market are enjoying the growth at the moment for sure. Many investors thought it was not going to be able to recover when it went below $10, holders started panicking and calling it dead, and some even sold their assets when it was between $10 to $20 because it took a lot of time getting out of that range and crossing $30.

However, those who were strong enough to keep holding and those who kept buying are enjoying their profits right now. BNB is also one of the top altcoins that most people have abandoned after what happened between the SEC and Binance which caused its price to drop significantly and it has been struggling since then. Some day it will be able to gain value in the bull run again but I'm doubtful about that, to be honest.

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November 21, 2023, 03:13:10 PM
 #104

Some known popular altcoins are eth bnb ada xrp matic etc and so many are available in crypto market where eth bnb is common investment. But i saw some people, buy matic but don't want to go for ada! Some buy xrp but not Interested with solana!

What is the name of that Top altcoin that you won't buy anymore?? Example: i Won't buy TRON(trx) anymore cause it makes me disappointed several time with its stable price since 2017
I think some investors believe that some of the notable altcoins are already overpriced just like Bitcoin thus opted for the less overprice ones, for instance Solana experience a massive pump recently thus it is perceived to be already overbought thus Sol would likely undergo a correction, reversal or dump, XRP partially won case against SEC (XRP enjoyed a massive pump after the lawsuit) thus there tendency that the altcoin would eventually win that case thus some investors are already buying XRP to hodl because the possibility of finally winning the case later would trigger another massive pump of the coin, as for TRON it has been a big disappointment for it investors because of lack of growth of the coin despite many years in the crypto market.

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November 21, 2023, 03:27:49 PM
 #105

Some known popular altcoins are eth bnb ada xrp matic etc and so many are available in crypto market where eth bnb is common investment. But i saw some people, buy matic but don't want to go for ada! Some buy xrp but not Interested with solana!

What is the name of that Top altcoin that you won't buy anymore?? Example: i Won't buy TRON(trx) anymore cause it makes me disappointed several time with its stable price since 2017
I will not tell you not invest in altcoins or discouraged you altcoins that you invest because sometimes some of the altcoins we devalue are the altcoins that gives us more profit for it's investment, so therefore I will like us to ensure that we have already verified and study the altcoins we want to invest before investing, because those altcoins you seen like top ten or twenty altcoins someone can invest can not be good for investment due to the profits will be low, because some of the top altcoins increases in value with bitcoin in which their increment always move slowly base on the technology.


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November 21, 2023, 04:07:23 PM
 #106

Im not gonna buy ADA for long term but I can hold for short term because I haven't seen enough TVL on the network since it was created. Although, But that doesn't mean I won't long or make use of ADA  by pairing it  with a new altcoin on Bitget smart portfolio to take profit from it and buy that alts when It pumps in the bull market. But I can't hold for future sake.

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November 21, 2023, 06:11:19 PM
 #107

for now I only prioritize ethereum and binance as top coin investments, because I have held them since last year, although currently I have not received a return from the investment I made, but I am very confident that these two altcoins can provide me with profits in the future .

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November 21, 2023, 09:58:56 PM
 #108

There are couple that were once known as Ethereum killer like NEO and DOT then there is LTC as well as XRP. I used to have them in my portfolio sometime back but it felt they are not worthy it for various reasons. I feel it is better to buy meme coin and take a big risk or invest in coins that have been in the market and are on the top 10 position on Coingecko.
Those known and old coins are not really profitable short term but these meme coins do which really changes your mind. Well, that was undeniable knowing that many people have been earning a lot from investing meme coins, and for me, it was considered a wise choice as long as we don't hold them.
But talking about LTC, XRP, NEO, and DOT --you could really think that they are worthless which also I could agree, and that is why I don't choose them as well.  I have ETH already and I continue accumulating Bitcoin as these two coins are good for investing long-term.
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November 21, 2023, 10:15:28 PM
 #109

There are couple that were once known as Ethereum killer like NEO and DOT then there is LTC as well as XRP. I used to have them in my portfolio sometime back but it felt they are not worthy it for various reasons. I feel it is better to buy meme coin and take a big risk or invest in coins that have been in the market and are on the top 10 position on Coingecko.
Sometimes people get interested in those coins at the top list due to their rating but some of these coins at the top aren't really worth buying and like you have already stated it can make you lose your investment so I don't really buy any coins base on these ratings. Selection of the right coins for investment is actually hard and sometimes it is what leads to many crypto enthusiast making the wrong choice.

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November 21, 2023, 10:40:19 PM
 #110

There are couple that were once known as Ethereum killer like NEO and DOT then there is LTC as well as XRP. I used to have them in my portfolio sometime back but it felt they are not worthy it for various reasons. I feel it is better to buy meme coin and take a big risk or invest in coins that have been in the market and are on the top 10 position on Coingecko.
Sometimes people get interested in those coins at the top list due to their rating but some of these coins at the top aren't really worth buying and like you have already stated it can make you lose your investment so I don't really buy any coins base on these ratings. Selection of the right coins for investment is actually hard and sometimes it is what leads to many crypto enthusiast making the wrong choice.
Correct.  But in my personal opinion, coins that have entered the top rankings are worthy for us to invest in, not just as a medium for seeking short-term profits.  what is called investment is that we just leave ownership of the coins we have without doing anything and resell them until the price is really what we want... sorry, this is just my personal opinion about investment

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November 21, 2023, 10:58:10 PM
 #111

EOS


After their $4B ICO raise grab, it's now a shadow of its former self. To think EOS was initially speculated to reach and eventually surpass ETH in the long run after raising such amount of money to build out their platform. Now there are much more better L1s and L2s all of which are better than EOS by a huge margin — SOL, NEAR, OP, etc.

for now I only prioritize ethereum and binance as top coin investments, because I have held them since last year, although currently I have not received a return from the investment I made, but I am very confident that these two altcoins can provide me with profits in the future .

In a full fledged bull market, Ethereum would easily hit the ATH. If is well and done, I'd expect ETH to reach a net cost of around $5000, when the bull run fully kicks in.

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November 21, 2023, 11:15:07 PM
 #112


I haven't really traded and have neither checked the price history of TRON, so I can not tell about it. But I think there was once I bought ADA and it was quite stagnant for a while. I bought it after hearing so many things about Cardano and doing my research too. But, I was surprised that it wasn't working the way I thought it would. I would rather attribute these experiences we have to the wrong timing. What do I mean? Bitcoin and Etheruem for example can't always be going up. The only reason why you would even invest in popular altcoins is that they have a record, which means there is potential. So when it's stagnant or dumping, it's just a phase. Take a moment to think about how people who bought Bitcoin when it was $60,000 will respond to the post and you'll see that timing is a factor.
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November 21, 2023, 11:19:58 PM
 #113

Some known popular altcoins are eth bnb ada xrp matic etc and so many are available in crypto market where eth bnb is common investment. But i saw some people, buy matic but don't want to go for ada! Some buy xrp but not Interested with solana!

What is the name of that Top altcoin that you won't buy anymore?? Example: i Won't buy TRON(trx) anymore cause it makes me disappointed several time with its stable price since 2017

  We each have our own preferred cryptocurrency in this industry. And that depends on the results of the study and research we will do in the selection of crypto assets that we will buy in the market as well.

  Before, I hated buying meme coins, but now the times have changed because there are other meme coins that I am saving that I think can give me a good profit in the future. Even the other altcoins that are expensive now I am buying depending on the development they have in the market as well.

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November 21, 2023, 11:34:37 PM
 #114

I have loads of them in my catalogue and I won't be considering them for anything,  but then also we have some other altcoin that have made a name for themselves I am short term and can be considered for short term market analysis and predictions but shouldn't be taken for long term approach of the market and it it comes to that then we have to consider some other altcoins that are more stable and less volatile such as ethereuem and BNB that you mentioned.

And not considering any of the already failed coins such as the one that you already mentioned and we have many of them in that category that need not to be considered for anything since their have already out leave their relevance in in the market.

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November 22, 2023, 03:48:11 AM
 #115

Bitcoin forks like Litecoin and Dogecoin were once useful because they had cheaper fees but there isn't any purpose beside that. If you hold on to these coins because you want to save in fees there is a significant risk that they will lose value against BTC. Diversifying your crypto holdings doesn't make much sense since altcoins follow behind Bitcoin and none has really been successful at decoupling. There might be some altcoins I might have future interest in because they have a feature I want to try but it won't be because I think they will perform better than Bitcoin.

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ItsCrafty
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November 22, 2023, 06:34:50 AM
 #116

I will stay away from trading now because some people buy these alt coins in high price and wait for a long time but market not giving him chance to up when they sell in loss now the market is again up so they want to buy again so in my opinion they shouldn't invest during high price they just wait if they see the price is down or stable they should invest then will safe from loss like a past but recommend only BTC

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November 22, 2023, 02:45:54 PM
 #117

Some known popular altcoins are eth bnb ada xrp matic etc and so many are available in crypto market where eth bnb is common investment. But i saw some people, buy matic but don't want to go for ada! Some buy xrp but not Interested with solana!

What is the name of that Top altcoin that you won't buy anymore?? Example: i Won't buy TRON(trx) anymore cause it makes me disappointed several time with its stable price since 2017


I don't really think so because some of the coins I bought experienced almost equal increases and decreases, but I once bought shitcoins for a small amount under 10$ and then I couldn't sell them because they ran out of liquidity 30 minutes after they were released.
im buying coin like that just for gambling, not in large amount and not often.

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Publictalk792
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November 22, 2023, 03:12:08 PM
 #118

Everyone has his own choice some investors are those who like Ethereum and some of them like BNB instead of Ethereum. Some Like XRP and some like Link. Means everyone choose according to his taste and they only invest because they believe that this coin will definitely perform well in future.

I can no say with surety which altcoin I should not invest in anymore because the cryptocurrency market is always changing. And I understand why you are disappointed with TRON (TRX) and its price staying the same since 2017.  By doing research and staying updated with the latest news and developments in the cryptocurrency market can help you make smart investment choices.And these kind of research can help you more about investing. But I think that if Bull season will start so every coin perform well. So I still don't have any choice that which coin I should not buy.

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November 22, 2023, 06:44:24 PM
 #119

I think TRON is not good to buy anymore next year because there are already lots of good choices in the crypto market today and most of them have good updates and nice development also they have promise roadmaps that you don't find from their competitors. I hope we will see some more decentralized coins next year too and we need as much as we can because they are not making such kinds of coins nowadays due to the rules imposed by the government. They need to make some innovative strategy to preserve the purpose of financial freedom that we were dreaming of.
I have seen some negative comments from Tron but I think there are still some who supports it. Just like in Solana now. I guess you are also aware with that? They are still a top coin after all, so now wonder why some are willing to take the risk and hopes that the coin can still rise despite the negativity it's getting.

And in fact, they already did before, if I'm not mistaken. The same goes with XRP. It showed that it's much stronger than those negativities. We shouldn't get tempted about those new coins because they are still new anyway, and we are not even sure if they can sustain that kind of performance they are currently showing to the public. Another thing is, they are more centralized.

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November 22, 2023, 07:19:16 PM
 #120

Most of the Altcoins I collected were cursed for me. I was very attracted to Tron at first but it didn't favor my luck. It was very badly trapped. But while Tron was a disaster for me, later using BNB changed my fortunes a lot. BNB and other top coins I have used them before and still use them. I also tried some other coins that died forever. There are some new altcoins on the market that I would never expect to buy.

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