TastyChillySauce00
Legendary
Offline
Activity: 3108
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2024, 02:10:14 AM |
|
Whenever there is fall like this, only shitcoins don't recover back from the dip because it investors would have left when the coin or token lacks the minimum and adequate fund to keep it running up to the required stage, knowing more about the project developers is very important also because some where known for this that they will reward people for their investment on them while some may not due to so many reasons only them can relate with
some VC funded coin also don't really recover back, there were many of them I lost count but majority of coin that didn't have the token unlocked already and isn't at the level of top 100 usually have difficulty of recovering back due to the increase in BTC dominance lately and also because they are mostly just secondary investment choices. that's why investing in some random altcoins is never a good idea to begin with ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimgvb.com%2Fimages%2F2024%2F08%2F17%2F47d5e898d8820a1cf75da83e92c66727.jpg&t=665&c=JMPItoFQMbhrHg) too much risk involved.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Akbarkoe
Legendary
Offline
Activity: 1330
Merit: 1049
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2024, 04:30:37 PM |
|
Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits. . just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
Cases like this often occur with altcoins, we must really look at the project directly whether it really has the feasibility to be held longer, because there are very few shitcoins that can go up again after getting their performance, not going back to ATH. The crypto market often adapts to new technologies and interopability better in terms of using the network as a service for users, so we must really pay attention to the project directly to consider whether you will stay or not invest in an altcoin project. Because of that also do not make financial mistakes in altcoin investment, your portfolio should be dominated by Bitcoin and the rest of the selected altcoins. The matter is that most coins should not be held for the long term or even bought when they are going down, as many people on their greed see a meme coin going down and they think this is the opportunity they have been looking for to buy the coin for cheap, but it is a trap, since meme coins have the tendency to gather a lot of support early on and then drop like a rock, so anyone buying a meme coin at that instance is wasting their money, as it is unlikely the coin will ever recover. In choosing a meme coin, you need to be careful, don't hold it for too long, especially if it is no longer worthy in its value "Overvalue', it is too hype and so on, such coins are no longer worthy to be held for too long. However, we always remember that meme coins always get the attention of many people when the market is growing, so the latest meme coins are more worthy of buying if you are looking for memes to invest in, it remains the same as other altcoins, only in terms of price fluctuations, meme coins are more cruel.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
kbhutto
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1288
Merit: 250
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2024, 08:54:01 AM |
|
I am sure that this very large decline could cause some altcoins to reach new ATHs but not all will recover, many people are trapped by falling prices hoping that a bullish market will soon arrive even though on the contrary prices continue to decline. It's true what you said, we have to pay closer attention to the decline in bitcoin in recent weeks. I was trapped for a long time in shitcoin, so from there I took the attitude of not rushing into buying a coin without any alternative movement in the market.
|
|
|
|
lixer
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2024, 06:25:02 PM |
|
In choosing a meme coin, you need to be careful, don't hold it for too long, especially if it is no longer worthy in its value "Overvalue', it is too hype and so on, such coins are no longer worthy to be held for too long.
However, we always remember that meme coins always get the attention of many people when the market is growing, so the latest meme coins are more worthy of buying if you are looking for memes to invest in, it remains the same as other altcoins, only in terms of price fluctuations, meme coins are more cruel.
No meme coin is worth holding for the long term, it's a common misconception among meme coin investors that they are going to get a lot of profit by buying and holding meme coins when that is not how meme coins work. When you buy a meme coin, if it doesn't pump early, there is no point in holding it for long because meme coins go up only when they are hyped, and if a project doesn't get enough hype in the initial stage, it is not going to get that later on. So, a meme coin project that doesn't seem to be all around the industry will barely earn you any profit, if you had bought it in the hope of getting a lot of profit but that didn't happen, there is no point in holding anymore because you will only have your money stuck on that trade and nothing else.
|
|
|
|
rhodelmabanal
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1203
Merit: 103
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 22, 2024, 08:28:15 PM |
|
Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits. . just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
I don't buy and hold shitcoins or meme coins it is not advisable by the expert if you buy it it will be very risky and posible loss will occur,i believe that there are a lot of shitcoins and meme coins on the market and it can really make us loss if we will invest into them not all of them but most,so we should always do proper investigation every coin that we want to invest for good.
|
|
|
|
kotajikikox
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2506
Merit: 215
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 23, 2024, 06:42:28 AM |
|
Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits. isn't Normal for the whole market reacting how bitcoin acted as well? bitcoin is always the trend setter and what price this may have will also the action of altcoins. . just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
if you are betting in Shitcoins then you must know that the value may not recover at any time after the fall.
|
|
|
|
betswift
Copper Member
Jr. Member
Offline
Activity: 182
Merit: 4
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 23, 2024, 06:53:59 AM |
|
Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits. . just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
I don't buy and hold shitcoins or meme coins it is not advisable by the expert if you buy it it will be very risky and posible loss will occur,i believe that there are a lot of shitcoins and meme coins on the market and it can really make us loss if we will invest into them not all of them but most,so we should always do proper investigation every coin that we want to invest for good. Yep, it should be the money we are willing to spend on them only, after thoroughly analyzing the risks involved. And even after that, it's not even a 95% chance of getting something out of it ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Things may go south, always.
|
|
|
|
Lanatsa
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 24, 2024, 03:17:57 PM |
|
Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits. . just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
I don't buy and hold shitcoins or meme coins it is not advisable by the expert if you buy it it will be very risky and posible loss will occur,i believe that there are a lot of shitcoins and meme coins on the market and it can really make us loss if we will invest into them not all of them but most,so we should always do proper investigation every coin that we want to invest for good. Yep, it should be the money we are willing to spend on them only, after thoroughly analyzing the risks involved. And even after that, it's not even a 95% chance of getting something out of it ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Things may go south, always. One of the main things that you should really be putting up into your mind when investing on crypto world is to invest on the amount on which you can afford to lose. Never ever make yourself that be delusional because on the moment that you would be finding yourself on having this kind of mindset then you would really be that become desperate and with this then you would really be that prone into further impulsive approach which could lead into further disaster and thats why you should really be careful when it comes into this aspect. Altcoins could neither be that making that recovery or not basing up into the community demand because no matter how the market would turn out to be shit but still it would really be that something that will really be having that recovery and if there's demand and recognition then you could tell that those things will really be having that recovery. Choices would be made will really be that basing up into your own analysis and knowledge on things. If you do find yourself having that kind of trust and confidence on a certain project then it would really be up to you whether you would be investing and holding on it or would really be skipping and find for another one? It would really be just that everything will be depending on you and this is something that you should be mindful about.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
wheelz1200
Legendary
Offline
Activity: 3738
Merit: 1414
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 24, 2024, 04:03:31 PM |
|
Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits. . just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
I'd say it's much more than 1/3 of altcoins that won't recover. While it wasn't a huge drop in price every downfall comes new coins that people jump on and the older altcoins never get picked back up. Most of these coins are baseless with no project behind it so once people make their money off one pump nobody buys it anymore and goes away. Wash rinse repeat every bull to bear amd back to bull cycle.
|
|
|
|
Stablexcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2024, 11:58:09 AM |
|
I am sure that this very large decline could cause some altcoins to reach new ATHs but not all will recover, many people are trapped by falling prices hoping that a bullish market will soon arrive even though on the contrary prices continue to decline. It's true what you said, we have to pay closer attention to the decline in bitcoin in recent weeks. I was trapped for a long time in shitcoin, so from there I took the attitude of not rushing into buying a coin without any alternative movement in the market.
There has never been a time when all altcoins were on the green level. Even in the bull season some altcoins still experience a decline in their price. It is caused by several factors which may be issues with the project and the investors, government regulations on them, and lastly development or technical issues. You know most time people feel that the best time to buy a coin is when the price is down and expect the price to go up so that they can make a profit. But in another way even when a coin is going up or has significance price movement it doesn't mean that it won't continue to go up with time. It could possibly go down or go up and if we understand and believe in the coin then its best to leave it for months or years to have a more better profit from it.
|
|
|
|
imamb
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2024, 08:22:46 PM |
|
The more advanced the crypto world, the more new projects compete with different concepts because they adapt to the modern era. Many altcoins or large projects are dim due to the lack of following the modern era. Investors move to other projects because of the potential needed, if there is a lack of community potential and others. Altcoins tend to decline if the project founders are less innovative
|
|
|
|
TastyChillySauce00
Legendary
Offline
Activity: 3108
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2024, 02:22:50 AM |
|
I don't buy and hold shitcoins or meme coins it is not advisable by the expert if you buy it it will be very risky and posible loss will occur,i believe that there are a lot of shitcoins and meme coins on the market and it can really make us loss if we will invest into them not all of them but most,so we should always do proper investigation every coin that we want to invest for good.
some meme coins are good but 99% of them are plain scam, it's understandable that you want to avoid it altogether, finding good meme coin is like finding needle in a haystack, almost impossible but still possible. the one that are hidden gems usually are the meme coin with 100% circulation and owned by no one (deployer already dipped to make few dollars profit LOL ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ). regardless I think investing in meme coin that still trending significantly better than investing into a coin where VC allocation is huge, basically we're waiting for the VC to dump their coin in our face. but guess what, sticking with solana in the bitcoin turbulence could give good profit as long as you buy only at dips.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Tigerheart3026
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 980
Merit: 112
Buzz App - Spin wheel, farm rewards
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2024, 04:01:31 PM |
|
In choosing a meme coin, you need to be careful, don't hold it for too long, especially if it is no longer worthy in its value "Overvalue', it is too hype and so on, such coins are no longer worthy to be held for too long.
However, we always remember that meme coins always get the attention of many people when the market is growing, so the latest meme coins are more worthy of buying if you are looking for memes to invest in, it remains the same as other altcoins, only in terms of price fluctuations, meme coins are more cruel.
No meme coin is worth holding for the long term, it's a common misconception among meme coin investors that they are going to get a lot of profit by buying and holding meme coins when that is not how meme coins work. When you buy a meme coin, if it doesn't pump early, there is no point in holding it for long because meme coins go up only when they are hyped, and if a project doesn't get enough hype in the initial stage, it is not going to get that later on. yes meme coin is only increases once maximum price when its trending in market and i see mostly it’s hit peak in early stage of exchanges listing like i see shiba is reached highest after listing on binance exchange. if who's people hold it for the long term they lost big, so meme coin can give you satisfying profits in short term but rare to profits in those coin.
|
|
|
|
betswift
Copper Member
Jr. Member
Offline
Activity: 182
Merit: 4
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2024, 04:16:13 PM |
|
The more advanced the crypto world, the more new projects compete with different concepts because they adapt to the modern era. Many altcoins or large projects are dim due to the lack of following the modern era. Investors move to other projects because of the potential needed, if there is a lack of community potential and others. Altcoins tend to decline if the project founders are less innovative
Innovation leads the funds back to those who try to follow or imitate it ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) With it, comes the potential for any project, really.
|
|
|
|
Nothingtodo
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 364
Merit: 129
Buzz App - Spin wheel, farm rewards
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 27, 2024, 07:52:36 PM |
|
Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits. . just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
The altcoin market is a transient market and once the altcoin market is dumped it is not easy to recover this transient market. In particular, several MemeCoin investments in my portfolio have been dumped from the market once and there is no possibility of a price correction. Moreover, all the altcoins that have dumped the market along with Bitcoin have never recovered in price, dumping multiple times at different times. I have bought several altcoins and faced huge losses.
|
|
|
|
Silberman
Legendary
Offline
Activity: 2632
Merit: 1360
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 29, 2024, 10:55:57 PM |
|
Normally with the fall of bitcoin price towards $50k in the recent days all altcoins took the downtrend falling in reciprocation to bitcoin, and I see many people in a hurry to buy some altcoins and hold believing that when bitcoin rises up again they can make some significant profits. . just a quick reminder that one-third of the shitcoins that have fallen chances are that they may not be able to recover and pump along with bitcoin. It can be a gateway to a straight dump. Be careful the shitcoin you wanna rush in to sink your money this period of sharp instability in the market.
The altcoin market is a transient market and once the altcoin market is dumped it is not easy to recover this transient market. In particular, several MemeCoin investments in my portfolio have been dumped from the market once and there is no possibility of a price correction. Moreover, all the altcoins that have dumped the market along with Bitcoin have never recovered in price, dumping multiple times at different times. I have bought several altcoins and faced huge losses. This is the main difference between most altcoins and bitcoin, when the price of bitcoin dumps I am not worried at all, as I know that sooner or later bitcoin will recover, however when it comes to most altcoins this is not the case and once and altcoin dumps I know a recovery is pretty much impossible, but many newbies investors do not know those simple facts and when they see an altcoin dumping they believe this is the opportunity they have been looking for, not realizing the huge mistake they are committing at the time.
|
|
|
|
betswift
Copper Member
Jr. Member
Offline
Activity: 182
Merit: 4
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2024, 06:58:25 AM |
|
This is the main difference between most altcoins and bitcoin, when the price of bitcoin dumps I am not worried at all, as I know that sooner or later bitcoin will recover, however when it comes to most altcoins this is not the case and once and altcoin dumps I know a recovery is pretty much impossible, but many newbies investors do not know those simple facts and when they see an altcoin dumping they believe this is the opportunity they have been looking for, not realizing the huge mistake they are committing at the time.
It can work, but it's not as stable as BTC, of course, due to alts volatility. You are right ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) That's why it's important to go in with the funds you are ready to spend or freeze for the time.
|
|
|
|
Dailyscript
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2024, 10:26:30 PM |
|
Whenever there is fall like this, only shitcoins don't recover back from the dip because it investors would have left when the coin or token lacks the minimum and adequate fund to keep it running up to the required stage, knowing more about the project developers is very important also because some where known for this that they will reward people for their investment on them while some may not due to so many reasons only them can relate with
If that be then history might likely be repeating itself in this case. Knowing the project developers can kind of give hope, but does it really matter so much? Everyone should watch out on their investment move. Emotional intelligence is important in this case. History really does repeats itself but that is a good thing if we are talking about those investors who left a dying project because that means that they fully learned their lessons. It's also a good thing if many shitcoins don't recover anymore. The only thing is that there will be another replacement for them. Well at least they don't stack and make this market so polluted and if their numbers are already too much, I'm afraid that they will overlap the old and much better coins that we all know. Of course, it does matter a lot if the project developers gives their investors a hope but they must be very serious about it at this point because their investors are also giving them another chance. No doubt history does repeat itself sometimes but we shouldn't put our hope in expecting or targeting a time an event will repeat. Without any argument, many altcoins won't recover since most of them are fake projects in the market to pump and dump the coin entirely after giving investors so much hope and anxiety. What were you expecting investors to do when they have lots of money already invested into such projects? Sometimes I pity those investors because they will do anything to see it flourish even up to the extent of reinvesting into the projects not knowing they are scam projects.
|
|
|
|
Shamblin
Newbie
Offline
Activity: 122
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2024, 09:29:37 AM |
|
Numerous altcoins will generally reflect Bitcoin's cost developments, however less popular or temperamental ones, frequently alluded to as shitcoins, may very well vanish and may not return regardless of whether Bitcoin. Numerous altcoins will generally reflect Bitcoin's cost developments, however less popular or unsteady ones, frequently alluded to as shitcoins, may very well vanish and may not return regardless of whether Bitcoin.
|
|
|
|
betswift
Copper Member
Jr. Member
Offline
Activity: 182
Merit: 4
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2024, 05:13:42 AM |
|
Numerous altcoins will generally reflect Bitcoin's cost developments, however less popular or temperamental ones, frequently alluded to as shitcoins, may very well vanish and may not return regardless of whether Bitcoin. Numerous altcoins will generally reflect Bitcoin's cost developments, however less popular or unsteady ones, frequently alluded to as shitcoins, may very well vanish and may not return regardless of whether Bitcoin.
Their volatility and reliability on hype around them kills them, in short ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
|