Which is one altcoin you will never invest in 2024 even if it has massive pump?

[goaldigger]

Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?

Aside from being too expensive, they are hyped altcoins and that is more risky to deal with because once they hit the peak, we already know what comes next.

Don't ever chase the pump, it's better to wait for the right timing before you invest because you might got trap if you will buy at the peak not unless you're ready to play short. Timing is very important, not all pumped tokens are ok to deal with, just know when to get in.

[Dailyscript]

Any altcoin below the top 3 altcoins (ETH,BNB and SOL) i wont invest my money in it. These are the only altcoins i believe has potential in the world of cryptocurrency. Dont get me wrong i am not saying there are no other altcoins out there that have even more potentials than the ones i mentioned but based on statistics and the period these coins have been in the crypto space without any pumps and dump or issues from the project manager causing harm for users using the blockchain has made have strong confident to be willing to invest in them.

[GigaBit]

Investing in coins that have already started a big pump can't expect anything good. Because how much can a coin increase in a short period of time? Although there is no limit to increase or decrease, it is difficult to expect such from the normal sense. I don't have confidence in reinvesting in coins that have already pumped 20 times. Currently there are some meme coins that have increased by hundreds of times while investing in them may give me some profit but I am guaranteed to lose in the long run. I try to review some projects that haven't pumped much but have the potential to pump. Moreover, there is a possibility of price increase in all the projects which have seen price reduction for a long period of time. But investors must take risks because everything involves risk. At any  time investors may be fall in good and bad conditions due to which the investor must take risks.

[2Pizza410000BTC]

Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?

I would not invest in XRP even though it is likely to pump a lot in 2024. I predict XRP will pump a lot in 2024. I have seen many analysts predictions they predict XRP will make a great position in 2024 although the words are very logical still I am reluctant to go with XRP coin because developers of XRP coin can't give much security to this coin due to which this XRP coin is far ahead can't go. But despite being the top coin they are slowly disappearing from people's popularity today due to some of their mistakes.

[bluebit25]

Of course it's memecoin, lord of the shitcoins, maybe some people will like memecoin but I don't. I won't be buying anything on them this bull run to maximize the investment capital I have and instead focus more on activities with more solid foundations. Bitcoin and Solana would be the coins I'm leaning towards. BTC of course cannot be ignored, but I chose Solana, because I see that every season there are outstanding networks that attract cash flow like before there was ETH, BNB and speculate that this season could be SOL. Grow your wealth through the DCA strategy and invest carefully in Bitcoin and trusted altcoins that appear to be much more reliable over the long term.

[Volimack]

Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?

Among altcoins, I will never invest in coins that are new to the market and meme coins. In the beginning these coins can show very good pump coins that pump very fast they disappear from the market very quickly and create hype. Choosing a good altcoin to invest in will be much less risky.

[FinneysTrueVision]

I have speculated on many altcoins since I became interested in cryptocurrency, and it rarely works out well. In most cases, I would have been better off holding Bitcoin instead. Over the years, I have decreased my altcoin investments.

I’m open-minded enough to consider anything that has the potential for profit, but I don’t see myself ever buying any memecoins. I had some Doge in the past, which mostly came from faucets, but I didn’t see any redeeming value in it, so I dumped it when it started to pump. I might’ve made more if I held it for longer, but it’s not a risk I’m willing to take. 

[AnonBitCoiner]

A coin which temporarily pump remains low value after some months so investment in temporarily huge pumped coins is full of risk. There are lots of meme coins which are recently pumped but everyone is familiar that very soon this pump will turn into dump so one should be carefully choose coins instead of running towards pumped coin investment.

Sometimes speculation become wrong and if someone have made prediction about certain coin to become a worthy coin then it does not follow such prediction and people lost money. I will also don't trust new coins easily as meme coins and new coins possess huge risk with little or no reward.

[LogitechMouse]

Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?

Meme coins.
I don't want to say this because I have a bit of bias when it comes to meme coins but on this case, I will include coins like DOGE, SHIB and other top meme coins out there.

I will not invest into them because most of them don't have any use case at all. They are very speculative that there's a high chance for me to lose my money when I bought the meme coin at a wrong time. I don't want to invest into a meme coin that's price is purely driven by hype because we know that hype goes down gradually. Meme coins for me aren't a good investment for mid to long term, and most of the meme coins for me are considered as shitcoins especially those lower market cap ones.

Well aside from meme coins, I will also never invest into new projects right now. I have this feeling that these new projects are just being created to ride the bull market and after the bull market, they will just be a dead project. I'm not saying that all though, but most and the risk on investing on these new projects are very high.

[Sayeds56]

I don't invest in massively pumped coins. It always ends badly. Why would I want to buy a overpriced coin when there were better deals out there? If you are going to buy a coin which made x10, what's your expectation? Do you think it will make another x10 from there? I don't think so. I'd rather buy a coin which hasn't made any moves for a long time. I like coins like these a lot because they make their moonshot when people least expect it. Then everybody starts to buy that while I'm unloading my bags. That's what you should be doing. Otherwise you'll become a life-time bag holder. What you are talking about is a shit strategy.

Your strategy to explore under-valued coins rather than chasing the hyped coins is very prudent and wise way to yield  substantial profit in the long term. Many investors get caught up in the rapidly rising prices without considering their underlying value.

The altcoins which I will never consider for investment, are like LUNA, XRP  and FTX , until their legal issues are completely resolved.

[irhact]

Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?

There are many Altcoins I'll never invest into them regardless of the profits or potential that they have. Xrp is one of them as I hate that project. I was a fan before but I held the coin for many years and still didn't make profit and lost the opportunity to invest into other projects that would have made me to have many profits. I also hate Cardano as I don't see anything that they're doing that's making them to be in the top 10 of coin rankings. They're taking the spot and money of other good projects.

Many altcoins are only having high trading volume due to the hype they're getting and not due to the project being a vey good project. They're just average projects with a very good marketing teams that are making the project to be trending that new investors are believing that the project are good for investing into them. Besides I won't invest into any altcoin after it have had a massive pump previously.

[Bushdark]

I don't invest in massively pumped coins. It always ends badly. Why would I want to buy a overpriced coin when there were better deals out there? If you are going to buy a coin which made x10, what's your expectation? Do you think it will make another x10 from there? I don't think so. I'd rather buy a coin which hasn't made any moves for a long time. I like coins like these a lot because they make their moonshot when people least expect it. Then everybody starts to buy that while I'm unloading my bags. That's what you should be doing. Otherwise you'll become a life-time bag holder. What you are talking about is a shit strategy.

Your strategy to explore under-valued coins rather than chasing the hyped coins is very prudent and wise way to yield  substantial profit in the long term. Many investors get caught up in the rapidly rising prices without considering their underlying value.

The alt coins which I will never consider for investment, are like LUNA, XRP  and FTX , until their legal issues are completely resolved.

Chasing the hype is one of the reasons why many people do lose money, it is very important for us to be wise and take proper strategy that would help us not to lose money anyhow in the crypto market. We can always make.monwy in the market buying different crypto tokens that are undervalued holding them for sometimes before selling out our holdings to save some money for the bull market.
It is going to be wise for us to keep buying and holding as the price of Bitcoin is set for the bull.

[Sayeds56]

Chasing the hype is one of the reasons why many people do lose money, it is very important for us to be wise and take proper strategy that would help us not to lose money anyhow in the crypto market. We can always make.monwy in the market buying different crypto tokens that are undervalued holding them for sometimes before selling out our holdings to save some money for the bull market.
It is going to be wise for us to keep buying and holding as the price of Bitcoin is set for the bull.

Certainly, it is important to have solid investment strategy and not succumbing to hype in the volatile world of cryptocurrencies. This strategy is definitely beneficial in the long term.

I strongly agree with your opinion that buying Bitcoin on every significant dip and continuing accumulating until the bullish market emerges, has the potential to book huge profit. However, this approach requires patience and  strategic buying to maximize profit in the long term.

[Mpamaegbu]

Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?

Why would anyone wait till an alt pumps before investing in it, in the first place? The great idea behind investment is to get in before others begin to notice a project and that's akin to what Mr Buffet believes. I like that principle of his. Let me rephrase it – Buy when others are scared and sell when they become greedy. It's like what's happening within Ton chain at the moment. A few months ago, Toncoin was begging to be picked up. Right now, there's much noise in its direction and price has stated moving up. Toncoin is >$6 as I type this.

Anyway, back to your question. The alt I won't buy no matter what events are hyping it is XRP. My reason being that with so much hype behind it in the past and even now, it still hasn't lived up to expectation. I hate time wasters.

[mich]

I will stay away from any of the meme coins that are pumping. It now does seem like there is a new meme coin every day and we do not know which of them will become a 'rug pull'. I almost did invest in Pepe. I would have lost so alot if I did decide to do that.

I did like it when there was only some meme coins. Doge is going to be my favorite one to hodl in my portfolio. But not we see so many of them. And not many of them are real projects with a real use case so I am careful to invest with new meme coin projects.

[Belarge]

Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?

2024 comes with financial breakthrough and we should be ready to take the require risks to have something solid infront. Perhaps we don't control the market but our strategies can also saved us from the propagated scenario and gifts us the opportunities to grab our winnings. Altcoins will do the outing pumping and the vast number of investors developed FOMO and will only give chances to relenting efforts.There's certain reasons why we shouldn't put along with the trends but focused more on the available projects that's doesn't make compact with hypes.