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Author Topic: Many altcoins may not recover this fall.  (Read 455 times)
Webetcoins
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September 04, 2024, 07:08:02 PM
 #61

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.
I am sorry for your loss. You are right that altcoin is a temporary market and once it falls, it does not go up easily.

And it's also true that there are many altcoins in the market that once went down and never rose again. When I joined the market, I also had some coins that I had invested in, but they never went up. I suffered a little loss at the beginning because I was new to it and didn't have a good understanding of the market and coins.

While staying in the same market, I covered my losses and found some good alternative coins that always benefited me. I have a lot of altcoins in my portfolio that have always been profitable for me, so I don't consider altcoins to be bad.

As far as I have learned and understood whenever we lose it is only because we don't have enough knowledge, we invest our money in haste without seeing what their history is. We have to face loss if we don't understand the market and if you take the details of the coins and analyse the market well and invest in good alternative coins then you will benefit.

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Agbamoni
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September 05, 2024, 09:20:17 PM
 #62

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).

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.
Your not wrong when you said the best time to invest in meme coins is when they are on hype. Hype and influence from social media marketers are what make meme coin successful. Without that, it is nothing but a shitcoin. Once the hype surrounding a meme coin starts to depreciate te project tends to come to an end. As an investor, if we catch up a meme coin at that early stage it is likely possible that we will make good profit within the short period. Another thing is that we do not have to wait for the hype to start fading away before we think of taking our profits, once we have the gains it is best to sell off in other to avoid missing out on the opportunity. The reason is that you don't know when such projects will decide to dump their coins, there could be hype within 2 days causing an increase in the price of the meme coin and the next day the price of the coin will be down dramatically.

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dunfida
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September 06, 2024, 02:58:11 PM
Last edit: September 06, 2024, 03:11:54 PM by dunfida
 #63

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).

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.
Your not wrong when you said the best time to invest in meme coins is when they are on hype. Hype and influence from social media marketers are what make meme coin successful. Without that, it is nothing but a shitcoin. Once the hype surrounding a meme coin starts to depreciate te project tends to come to an end. As an investor, if we catch up a meme coin at that early stage it is likely possible that we will make good profit within the short period. Another thing is that we do not have to wait for the hype to start fading away before we think of taking our profits, once we have the gains it is best to sell off in other to avoid missing out on the opportunity. The reason is that you don't know when such projects will decide to dump their coins, there could be hype within 2 days causing an increase in the price of the meme coin and the next day the price of the coin will be down dramatically.
But you should really be careful with meme coins because when the hype dies down then it would really be that over for your investment and you would really be ending up with those shit tokens that you do have in bag.
Devs usually rug out their projects on the time that the hype is gone or community support and move out on making another new project and rinse and repeat kind of process on which they do know that they could make money with it. Speaking about survival of projects then it would really be that entirely be depending on the project itself and just like been mentioned by other users in other pages that it would really be having that different approach when it comes to various areas on which there would really be those people who would really be that having a fan of dealing with meme coins and there are ones who do really like to deal up with
those established or solid coins.

Recovery would really be always talking about community demand or support on which if the projects had been abandoned by the community or simply into its investors then there's no way that it would really be able to recover. This is why it would really be that important that you should really be that at least be considerate on the actions that you are taking and not really just that rushing up on dealing with something
that you dont have any idea specially with meme coin trading. Risks is really that too high and could cause up too much loses if you dont know on what you are doing.

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September 09, 2024, 04:53:10 PM
 #64

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
yes, who's investors are experienced in the market they will never buy back-dated project tokens, this is AI and highly updated technologies era, so new projects are coming with new technologies so peoples left from old projects and invest in new projects which developed with new concept. old project are going to disappearing day by day.

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September 11, 2024, 09:55:04 AM
 #65

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
yes, who's investors are experienced in the market they will never buy back-dated project tokens, this is AI and highly updated technologies era, so new projects are coming with new technologies so peoples left from old projects and invest in new projects which developed with new concept. old project are going to disappearing day by day.

Yeah, innovation leads the way, it was always this way.
New changes the old.
AI is a trend, the one that is now sometimes used just for the overall picture rather than the utility.
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September 11, 2024, 07:53:33 PM
 #66

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
yes, who's investors are experienced in the market they will never buy back-dated project tokens, this is AI and highly updated technologies era, so new projects are coming with new technologies so peoples left from old projects and invest in new projects which developed with new concept. old project are going to disappearing day by day.
because following the times makes an update because the world will continue to be like that, only the difference is how long it will last. since 2017 alone there have been thousands of projects and project founders always manage crypto needs to always perfect. I think this AI trend will be long-term because the global elite will try hard to achieve the targets of the modern world

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Today at 06:02:03 AM
 #67

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
yes, who's investors are experienced in the market they will never buy back-dated project tokens, this is AI and highly updated technologies era, so new projects are coming with new technologies so peoples left from old projects and invest in new projects which developed with new concept. old project are going to disappearing day by day.
because following the times makes an update because the world will continue to be like that, only the difference is how long it will last. since 2017 alone there have been thousands of projects and project founders always manage crypto needs to always perfect. I think this AI trend will be long-term because the global elite will try hard to achieve the targets of the modern world

The AI trend will be there, though its implications and real innovation in some projects is questionable.
Globals and some big fellas can use the hype train for the funds given for it, but it won't go further than that. We will see about that.
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