is it still risky to Invest into Altcoin now?

[God bless u]

of course not, because now is the right time to invest and continue doing DCA altcoin until the next bullrun comes, so don't miss the current opportunity to invest in altcoin and hold until the next bullrun occurs, so you will definitely get a big profit when the next bullrun occurs,

@barhavsky It is bad time for DCA, Market is now bullish.. Many token already up more than 2x. This market is best for short term profit but remember that most of long term holders always look for bull market and sell their coins.. The good time for DCA is when bear market started and people start selling their short term tokens. When bear start and token start dumping then it is best time to accumulating tokens for long term and then DCA is best strategy to buy in every big dip.

[Churchillvv]

of course not, because now is the right time to invest and continue doing DCA altcoin until the next bullrun comes, so don't miss the current opportunity to invest in altcoin and hold until the next bullrun occurs, so you will definitely get a big profit when the next bullrun occurs, but still I recommend you to invest in altcoin that are in the top 50 on coinmarketcap, because it is safer and the price will definitely increase when the next bullrun occurs, so you will definitely get profit and altcoin that I recommend is :
1. ETH
2. BNB
3. XRP
4. SOL
5. Matic
6. EGLD

Here I the list I chose only 1 to 5 the 6th is not an option for me I can buy EGLD after the experience I got from it before. even as the bull run is around the corner I can buy EGLD because sometimes it doesn't follow other coin to increase when they increase rather it goes opposite the chart.

of course not, because now is the right time to invest and continue doing DCA altcoin until the next bullrun comes, so don't miss the current opportunity to invest in altcoin and hold until the next bullrun occurs, so you will definitely get a big profit when the next bullrun occurs,

@barhavsky It is bad time for DCA, Market is now bullish.. Many token already up more than 2x. This market is best for short term profit but remember that most of long term holders always look for bull market and sell their coins.. The good time for DCA is when bear market started and people start selling their short term tokens. When bear start and token start dumping then it is best time to accumulating tokens for long term and then DCA is best strategy to buy in every big dip.

I don't even see DCA as an option on Altcoins because it solely deals with high increase and high decrease which if you real want to benefit you have to lump sum (buy as much as you can) during speculated bull run. if at the moment we are approaching bull run you can buy any Altcoin of your choose but at least ones at the top to reduce the chance of your capital from loses.
If you buy during the dips bro I assure you it will dip more because you can't determine the market so you have to reduce the risk and buy only when the bull run is around the corner.

[Kavelj22]

Altcoins are very risky, so be careful with what you have. The more coins you buy, the more its volatility increases, so we can make a lot of profit in a few minutes, but the problem is that it has a lot of highs, it goes up and down very quickly. There is always a trade-off in it, but there is something in Bitcoin and Ethereum that doesn't have what it has, so I would prefer that Bitcoin, Ethereum, BNB, etc., buy and sell what they have. So it will be better

In the ever-changing crypto realm, altcoins dance on risk's edge. Their volatility surges with every purchase, a double-edged sword inviting swift fortunes or plummeting dismay. Yet, amidst this tempest, Btc and Eth stand resolute.

Like beacons of stability, they beckon wise investments, while altcoins sway in unpredictable tides. Embrace these stalwarts, for in their grasp lies the path to safer shores.

[Y3shot]

Altcoins are very risky, so be careful with what you have. The more coins you buy, the more its volatility increases, so we can make a lot of profit in a few minutes, but the problem is that it has a lot of highs, it goes up and down very quickly. There is always a trade-off in it, but there is something in Bitcoin and Ethereum that doesn't have what it has, so I would prefer that Bitcoin, Ethereum, BNB, etc., buy and sell what they have. So it will be better

Altcoins are very risky and as we are entering into the bull market it will make sense investors go for reputable Altcoins,  not all Altcoins are good for investment and you don't need to invest all the Altcoins to make money in the bull season. Their are good Altcoins that are worth investing against the bull market, I think if one choose Ethereum and BNB it is better than going for Altcoins that doesn't have a good market value  .

[poodle63]

Altcoins are very risky, so be careful with what you have. The more coins you buy, the more its volatility increases, so we can make a lot of profit in a few minutes, but the problem is that it has a lot of highs, it goes up and down very quickly. There is always a trade-off in it, but there is something in Bitcoin and Ethereum that doesn't have what it has, so I would prefer that Bitcoin, Ethereum, BNB, etc., buy and sell what they have. So it will be better

Altcoins are very risky and as we are entering into the bull market it will make sense investors go for reputable Altcoins,  not all Altcoins are good for investment and you don't need to invest all the Altcoins to make money in the bull season. Their are good Altcoins that are worth investing against the bull market, I think if one choose Ethereum and BNB it is better than going for Altcoins that doesn't have a good market value  .

then again with investing in a reputable altcoin you also need to be ready to shell out some good amount of money because otherwise you get a dime for every price increase thats the thing that motivates some people into delving and investing into some low market capitalization altcoin risking their money because they want to make it big in one go also don't really care about the well being of their money whether its just gonna dumping or its gonna be increasing,
the market of speculation is truly a market where so many capitals from many people are gathering no wonder some meme coin might easily get some random investments despite the fact that we all know these meme coins are mainly just shitcoin that getting rebranded over and over again because people need something to grow their money fast.

In the ever-changing crypto realm, altcoins dance on risk's edge. Their volatility surges with every purchase, a double-edged sword inviting swift fortunes or plummeting dismay. Yet, amidst this tempest, Btc and Eth stand resolute.

Like beacons of stability, they beckon wise investments, while altcoins sway in unpredictable tides. Embrace these stalwarts, for in their grasp lies the path to safer shores.

nice poem and yes, cryptocurrency more specifically is a double edged sword that could either incur loss or incur profit.

[2Pizza410000BTC]

I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?

If someone wants to profit from altcoin I would say he should trade short term. I would never endorse anyone in altcoin for long term investment. Because you can never make long term investment from Altcoin. I always support bitcoin for long term investment because bitcoin is best suited for long term investment. Only Ethereum can be invested in long term and I will not go with any other currency.

[odunybiz]

of course not, because now is the right time to invest and continue doing DCA altcoin until the next bullrun comes, so don't miss the current opportunity to invest in altcoin and hold until the next bullrun occurs, so you will definitely get a big profit when the next bullrun occurs, but still I recommend you to invest in altcoin that are in the top 50 on coinmarketcap, because it is safer and the price will definitely increase when the next bullrun occurs, so you will definitely get profit and altcoin that I recommend is :
1. ETH
2. BNB
3. XRP
4. SOL
5. Matic
6. EGLD

ETH is highly sure as it's number one altcoin and I can name it king of all altcoin. I'm so glad to see matic on the list as well. I also believe in this coin and I wish it will do well this coming bullrun. Although altcoin may be risky but one can still hold some alongside with BTC. But never let your whole bag be full of altcoins only.

[MFahad]

If someone wants to profit from altcoin I would say he should trade short term. I would never endorse anyone in altcoin for long term investment. Because you can never make long term investment from Altcoin. I always support bitcoin for long term investment because bitcoin is best suited for long term investment. Only Ethereum can be invested in long term and I will not go with any other currency.

There is no doubt that Bitcoin and Ethereum are the best options for long term investment. Many people who have good investment prefer invest in both of them, but I think the two also need a good amount of money to invest, because low capital you can't expect to make good profits from both of them after a long time. Altcoin are better for Short Term investment, but there are many which can also be selected for long -term investment. They are expected to give us good profits, because they have this potential.

 The purpose of long -term investment is never to keep you holding it for many years, Rather, this is the best way for me to invest, that whenever you see a better profit, you can sell them. For example, if I also choose a good project in Altcoin, and after my buying it reduces the price I can hold it, because I know that this is a good project and it is to restore my price again Will also give a profit. Therefore, Altcoin must buy in the bear season, and try to make a good profit by waiting for the bull season.
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[fenixosup]

It's not risky but pretty pointless... All alts are on their highs now

[cakravothy]

all altcoins that are like that bitcoin has increased a little altcoin has increased many times.
Likewise, when bitcoin goes down, the drop is also the sharpest compared to the decline in the price of bitcoin.
that's called high risk high return

[irhact]

all altcoins that are like that bitcoin has increased a little altcoin has increased many times.
Likewise, when bitcoin goes down, the drop is also the sharpest compared to the decline in the price of bitcoin.
that's called high risk high return

But I don't think it's risky again to invest in altcoins, Bitcoin halving is happening this year so all cryptocurrency will benefits from that including altcoins. It was during the bear market that it was very risky to invest in altcoins as they were always falling but the bear market is over and it's a good opportunity to buy some good altcoins and hold for the bull market. We shouldn't buy only altcoins but also buy Bitcoin so we can benefits from all coins.

Altcoins can give you good profits if you buy one that will do well during the bull market, no individual knows which one will do well so we can only assume and buy them based on our research. I think some popular meemcoin will do well during the bull market so I'll just keep some spare money aside and buy them. I won't invest too much money as I know they are shit coins but I'll invest so I don't miss the profits we can make from owning them.

[benalexis12]

I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?

In times like this, the risk still doesn't disappear when you invest crypto in this field. And of course, when you invest in cryptocurrency, you must have knowledge of trading. You can't invest in crypto if you don't know anything about trading.

Because trading is the heart of this business industry, because without traders this industry will not survive or exist for a long time, that's how simple anyone who is here should understand.

[Nikita2024]

Investment in altcoins continue to be very risky. Altcoins becomes more regulated but it is necesssary to remember that new risks appear.

[Marvelockg]

 

I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?

Their are lots of altcoin that have been doing pretty good of recent and depending on your mode of accumulating them, you could consider a wide range of option ranging from the most popular ones like ethereum, BNB, XRP, and lots If other popular and consistent altcoin

[Shamm]

All coins we are going to invest is too risky and it will become too risky if we don't have little knowledge about that coins we are going to invest but even though it's too risky but still we can find a good way to handle it. Cause we all know that we can make more profits. But as what i said we need to study first the coin if it will make us satisfied in the future or it will fail us. Research is the most effective way for investment so without hisitation we must conduct a research first.

[doubletheprof]

Its almost alwas risky, but it comes with the oppourtunity to make more profit!

[LastKiss]

All coins we are going to invest is too risky and it will become too risky if we don't have little knowledge about that coins we are going to invest but even though it's too risky but still we can find a good way to handle it. Cause we all know that we can make more profits. But as what i said we need to study first the coin if it will make us satisfied in the future or it will fail us. Research is the most effective way for investment so without hisitation we must conduct a research first.

Even with researching the project, we can't avoid the rug pull, scam, or abandoned project. I agree that investing in altcoins is very risky that's why we should prepare for the worst when investing in cryptocurrency especially altcoins, we need to be aware that coins with unhealthy gains could become a rugpull and end up becoming scams also don't forget to use money that we can afford to lose.

[yazher]

Even with researching the project, we can't avoid the rug pull, scam, or abandoned project. I agree that investing in altcoins is very risky that's why we should prepare for the worst when investing in cryptocurrency especially altcoins, we need to be aware that coins with unhealthy gains could become a rugpull and end up becoming scams also don't forget to use money that we can afford to lose.

That's the downside of every investment in crypto because you can't still be sure after you've done your proper research on certain projects because the risk is still there because you still don't have any idea whether they are true to their promise or they were just fooling around to scam their investors. But when you do your own research you are actually increasing your chance to be successful in your investment and you also learn a lot from it. As one of the investors myself, I can guarantee you a good knowledge of choosing the right one after some failed attempt because it will be more clear to you once you've tried to invest by just using a small amount just to try and have your own experience on investing in new altcoins.

[EarnOnVictor]

All coins we are going to invest is too risky and it will become too risky if we don't have little knowledge about that coins we are going to invest but even though it's too risky but still we can find a good way to handle it. Cause we all know that we can make more profits. But as what i said we need to study first the coin if it will make us satisfied in the future or it will fail us. Research is the most effective way for investment so without hisitation we must conduct a research first.

Even with researching the project, we can't avoid the rug pull, scam, or abandoned project. I agree that investing in altcoins is very risky that's why we should prepare for the worst when investing in cryptocurrency especially altcoins, we need to be aware that coins with unhealthy gains could become a rugpull and end up becoming scams also don't forget to use money that we can afford to lose.

We should not deceive ourselves, if the investment in altcoins can be risky, then in that sense, the investment in the entire crypto space is risky without removing anyone of them. That's the fact, we should stop holding the thing of the financial market with kid gloves, and if you are not the type that has the huge mind to take risks, I think you should back off from investments. It is never by force, and with the little I've ever seen, if not for trading, cryptocurrency is still the best market I've seen in all the market industries I've had dealings with.

I can say that I've had dealings with virtually all aspects of the financial market, but when it comes to more certainty and confidence in the investment, I think that cryptocurrency has it. It is not going to be entirely easy though, but still, so long as we give it all it takes, we will always prevail. There are times you buy your Bitcoin or altcoins, and there are times you liquidate them ASAP, just let your analyses be your guide, especially the technical chart. Moreso, you have to only invest in the best projects, which are the ones you have so much trust and believe in based on the community and the good projects they link them with. I do not think you can make mistakes doing this if done well.

[Jonyshake71]

There are many points where you can buy altcoins with cheap price. In 2023, we have seen many points and time where crypto dump and pump. Right now market is so high. So i believe correction will take place shortly. So wait some more days for the point where crypto market will go to dip. Right now trade is good option to have some profit if you have skillful about trading as we can see altcoins are also pumped with Bitcoin, so better to trade for advantage