Topic: A crash is also a chance to change allocations of your coins (Read 332 times)

Yes, almost every altcoins were tied with bitcoin. So, depending on the market movements of bitcoin will be the rest of the altcoins. It was during the ICO hype we experienced such a massive bullish trend among the altcoins as a result of the growth with bitcoin. By the time the market is not that mature as now. Things have changed a lot and nowadays only the potential one will progress whereas the rest will just stay as a coin on coinmarketcap.

How long will it be necessary to mention that the market depends on Bitcoin? Sometimes I wonder what would happen if Bitcoin broke the support line and went back to $500 what would happen to the market. Obviously this is not possible but we cannot rule out the possibility. Regarding the topic if Bitcoin valued at $100K or more, this discussion would be pointless. Unfortunately other projects depend on your movement.
 

Bitcoin is always going to be the secret.

You are very right!
Small cap projects are a very big risk because of many unknown factors:
- Is it a really good technology?
- Is it an experienced team?
- Will people still have incentives to buy it later?
- Is it a scarce asset?
- Is it a fair allocation to community, airdrops and ofcourse, not too much coins for developers, team and advisors.

It is really good to hear that the market crash always happens to shake off weak hands . When you are investing in altcoins then you should be really careful because if you are not following the project you never know that the project owners will be shaking their holdings as well. In the past one year, i have seen many new projects in the space and i have seen the team selling off their coins which is a shady behavior in itself and as an investor if you are not careful you never know what happens in the future.

If you are talking about the top coins in the market then there is a safety net but that cannot be said about all the projects.

Have you forgotten that is not always rosy in crypto? A crash in price will always occur to shake off weak hands.
Are we to change allocation on losing our profits or to gain profits of our investments? You know, it's better to be "making profits".
That's why is necessary to diversify your crypto investment to potential coins.

Yes, I agree to you.
We always need to reconsider if a coin is a good coin and review new coins.
When we have found a new coin, we should review which coin of our portfolio should be changed to it.

Especially I agree to you for a recommendation to avoid Meme coin.

its indeed right that a crash could be a great opportunity of making change in our investment portfolio.

regardless if we are in bearish market, almost all of the altcoins are having decrease in their price, if you want to move your current investment into something different
it’s basically the same thing like even before bearish market because both of the altcoins that you are trying to invest to could be also having a huge downfall.
basically, all these crash, only beneficial for the one that holds altcoins like BUSD, USDT, and DAI.You must remember that the bounty can also happen anytime and this is why reserved fund totally needed as a preparation to face the dump.

From what you mentioned, if for long-term investment "Uniswap" is very good, because it has high quality as the first DeFi emblem on the ethereum network of course will not be easy to go bankrupt. In addition, the high gas of ethereum makes Uniswap look classy. There is no need to buy erc20 tokens on uniswap, only need to buy uniswap in binance then store until altcoin season arrives.

I think this is what the more experienced traders or investors are doing shifting and moving their funds to a more secure or at least coins that will give them money even in a bear market.

The only thing right now is that it is hard to identify which one we shift though, because we all know how volatile the market is. So it will really take a lot of practice and maybe some money lost along the way. But it is a valuable lessons and it will harden you up specially in a situation we are in right now, a bear market.

Interesting idea, I haven't really thought of that yet. Changing our portfolio positions can help to be in a better shape for the next rally. Most of my money is in BTC and ETH, I am not going to sell these. But shifting around alt coins is a good idea. Some of us might be scared to sell coins at a loss, but it also has advantages. Holding a coin until it turns green again is an option, just not the best option. Switching into more profitable projects means we are going to make higher return in the next rally. Another advantage of selling a coin at a loss is that we get a tax right off for future gains, the money we lost on one trade we can get back from saving taxes on our next trade. Changing allocations into stronger crypto coins is a good recommendation.

Does that mean you prefer the three coins at this time to reap the benefits in the future?
In general, all three are very good, but if I were asked to choose one of the three coins, I would choose Matic for now.

Finding the good coins during the bottom is the hardest thing ever. For example, when things are going up, I try to keep every small thing at 5% max, that way I do not leverage myself too highly and do not end up with a problem.

However, when all of them are down, things could still go higher than 5% of my portfolio by itself, how? Others drop even further and faster, which causes the one at above 5% to be able to drop but not too much. In that situation, I really do not know what to do, I just end up buying more of other things but can't really change it too much or find enough money sometimes, so it is definitely a different and weird situation for me.

Replying to main OP, You can use ATR(Average True Range) indicator to determine what the most profitable token that you can buy using there average price range on a specific time frame. This is what I'm using to determine a perfect coin during dump then I will just follow up a fundamental analysis to determine whether the past price growth is organic or just a hype. A solid project usually break the ATH on the next cycle bull run so if you choose a  coin with a high ATR, You can gain more profit  once it reach ATH again compared to other coin that has low ATR.

When the crash comes and if you have good coins, you do not have to sell your coin but you can buy more because that will be the best time to accumulate so your coin amounts can increase while you will have a chance to sell at the next high price. If you sell your coin, you will miss the opportunity to sell it back when the price increase and if you decide to buy the other coins, that coin will not always give you profit as you need to research more to find the possibility to profit.

No, it is not scary at all for the person that is ready and have planned it early before the crash happens. planning early is important so that no pressure and panic feels that will occur and those two is the number one cause of bad decision making.

It can lead you to sell coins which have a better future and replaced them with coins who's hype is only for temporary  but is it true that eth will once again postpone the implementation of eth 2.0 ? damn how many times they do that. People that have waited for this are now disappointed and they might be switching now on other coins which developments are surely going to be done just like binance bnb/bsc.

It is true, that a bear market grants you the opportunity to make big profits. Now is an opportunity to bring new FIAT, if you have free FIAT available, that you can afford to lose of course, into the market because now is the chance to get big and already established tokens for a pretty nice discount. I still would not buy into ETH or Bitcoin though because they are still very expansive, but other projects might already be tempting. If you are a Fan of a project but did not invest so far because early investors already made a x100 or more with it then a bear market might be a chance to get a good entry point.

This is the scary part when a crash happens, the deciding point. Will you sell a part of portfolio in exchange for another coin which you think has more future or will just sit it out and let the market decide? Those kind of question will linger in your mind while the bear stays.
I am thinking about with more usage and a high chance to increase in value. BNB. With Ethereum postponing the ETH 2.0 it might take longer for BSC to reign the altcoin industry with so much users buying it for a lot of purposes like NFT's.

The market is looking very tempting to enter our existed position. I thought we should be below $30,000 by now but that is taking forever to happen. I know immediately we go below $30,000 then altcoins will start dipping further down. Now the stability of Bitcoin is giving altcoins some momentum to increase and making it tempting to re-enter the market.

Crash should not be a chance to change your coins unless you were wise to take profit when the bull was incharge because when a crash happens your coins are usually stuck in the market. So instead of changing, why not use the opportunity to buy more coins and increase your allocation knowing fully well when the bulls return you will profit.

If you're holding coins/tokens that have proven their worth in the market, your portfolio is still good, but if you have experimental coin or coins/tokens coming from those trending you should get an update if these are still the kind of tokens or coins that will have value when another bull run comes, the market is very dynamic and there's always a change of trend from time to time, these meme coins days are numbered 

Most of the altcoins can't survive these types of crash and those were able to cash out before it or convert to some others coins were lucky because now the hype for most of meme coins would be over and funds will be lost if you still hold them.From the coins you have mentioned in think Avalanche will be giving out some returns in next bull run but not sure and you should always have your own opinion and decision.But alts are very risky so be careful with them.

UNI may survive and all those coins may recover a bit but when it comes to altcoins only new projects with the hype holds the place in bull market so focus on new coin bit investing on them also hold high risk. For safer side just go with ETH which also expected to complete roll over 2.0 so it is the next big thing from my opinion.

Bitcoin, ethereum and bnb is the best choice.
But I see your coin lists can be good in the next bull run but in this situation, maybe we need to research furthermore to know when the good time to buy those coins.
In the up and down the market, it seems, we need to have more patience to analyze the coin moves because if we buy now and we miss the right time to sell, we can get stuck at the price we bought so maybe we can test to buy for a small amount and see what is happening later.
But if your purpose is a long term investment, bitcoin will suit that and this time is a good time to buy more.

Good list OP, good job.
I believe even how quality they are, look what happened, they are also affected with the recent dump.

I am also worried about Avalanche, it could be also hype at the beginning? Just like what happened to Solana, if you take a look at Solana, already a huge loss since all-time-high. Since Solana started first the huge pump last year, and after that, Avalanche was next.

I would suggest to add Phantom here - quite a promising project as for me. And also I would add Polygon here - pure gem in my opinion. Near is also a very interesting project with great backers.

If it would be famous, I would know it. I know it was ranked higher a few years before but it collapsed.
I don't know any promising products being built on it recently. Maybe only a tiny bit of projects.




Yes, in a centralized world it is not a big issue but Crypto needs to be decentralized to be a good Crypto.
For a centralized company, it's not really needful to have a coin but Binance makes good marketing to say it is a good coin (but it's not a good coin).
It still takes also some time for new coins to achieve reliable trust.

Answer to the headline question: It can be if you sold the top and now you have USDT for buying...

Most of the top coins are far from their records, maybe we will see some of the coins even at lower levels, but who knows that, right? Maybe it's time for buying again? I think we have a unique chance to buy some coins at lower prices, and I took my chance already... I didn't spend all my USDT just in case we see the market going deeper, and that can happen, this is crypto, we should be always aware of that!

All the coins you've recommended are all good I also have them in my portfolio, I change my allocations on the coins I'm buying and I'm adding more because this is the best time to be greedy when others are fearful, I have the top coins in the market with proven usability and added up to 6 new coins most of them are Play to earn coins because they are the trending right now.
I think I have chosen the best coins in my portfolio, hopefully, my decisions are correct.

If you don't know about, doesn't mean it's not famous. I know about EOS.
You can try checking about their development updates, marketcap, trading volume,...


In a centralized world, it wasn't that big issue not to be decentralized.
Think which one users/investors would trust between:
- Binance coin which is controlled by a trusted third part and it's a regulated entity trusted by the majority of world users.
&
- any new coin in the market. new means even if it is fully decentralized.

Successful projects are not all decentralized, except for bitcoin for sure.

If you do really look on bigger picture then you could really actually made out some decent choice specially if you do deal with old and those high volumed coins in the market which is more preferable rather than on focusing on with those low caps which you do hope that they would really be making some significant rise in the market.Well i cant really blame though since there are really times or opportunities which
you could really make yourself rich if you do hit the right spot.

Allocating in your investment on various coins would really be totally depending on your own preference and since its your money then its your choice to make not on others.

You have the point about Litecoin and for some old coins. But there are still those older coins that can't be avoided to hold. I agree to you about the bear market like eliminating many of the projects in the market. It's like the way to remove a huge market cap for them because everyone is going to be assuring that they've invested to the best projects and that would be bitcoin. And with the choices OP has given, I think it must include Dot and Sol too.

Many already informed newbies about this thing, unfortunately most of them still not following the advice of buying good projects instead of fake project, this is why its very important to analyze the whole scenario. This crash is indeed an opportunity to others, but we cannot blame others by selling their holdings since they are just securing some profit as much as possible. Buy more while its cheap, bear market is always a good entry to buy.

But it has to be done to sell old coins.
Just look at Litecoin!
It was very famous but now, nobody wants Litecoin anymore.
New coins have outscored Litecoin and it will happen again.
Right now, Tron, Cardano and Ripple will follow to what happened Litecoin.
Only few coins will keep a position as a top project and a bear market is a good time to buy fresh coins.

It's not!
A diligent explanation is always needed especially when it's about a coin. For buying a new coin, we should always provide information about why to biy it. Too many people just select a coin, buy it but don't do research.

Because Binance Coin is controlled by Binance. It's a Blockchain, but not really decentralized. It's a big issue for every sovereign coin, if it's not decentralized.
I don't know about EOS but it doesn't seem to be very famous. I don't know any new projects building on EOS currently.

I would go the MATIC, FTM, AVAX, NEAR and the "infrastructure" route.
Uniswap? I don't see it, but that's just me

Swap fees on Uniswap are very high, of course this is not an easy thing to beat Binance. BNB is also used in many DEXs like PancakeSwap and it provides very low fees, so it's really hard for Uniswap to beat Binance in my opinion.

I have some Chainlink and Uniswap but I want to add more if the price goes down. For Avalanche, I still hope that the price can reduce to $50

I will wait for a while to see if the price is really down for more and if that happens, I think I will buy it for some. If the situation and condition at the market are still like this, we may see another drop from the altcoin since bitcoin can not rise at this time.

Besides those three coins in your list, do not forget to buy bitcoin as bitcoin will not disappoint you in the future.

I don't totally agree with your logic of selling old coins are buying new coins, which ones are the old coins you are talking about? Bitcoin is the Genesis of all cryptos, Ethereum, BNB, Cardano just to mention a few are some of the old projects and I believe are still some if not the best coins you should be investing in, some argument is just with the sell old coins and increase/add new coins. cos it could be misleading.

I have allocated 50% of my additional funds to my portfolio on coins that have proven themselves in the market in bear and bull trend, this is an opportunity open up again for these coins, these coins are Bsc, Ethereum, Ada, Dot, Avax and 50% to new coins which I think have a good potential to go big in the market when there is a shift in the market some of these new coins are Graphene, ACDOM, CPRX, I have to balance things and choose the right coins/tokens because the bear trend is the time we have to dig deep and do full research.

Relax people this market is going way down so secure some USDT and wait for those yummy dips bear market is what many don't want to believe yet it's going to happen, many sell off will surely happen just be prepared to grab your own copies.

You can only change the allocation of your coins if you take profits and buy back the dips it's called buying low and selling high, with the way things are going right now I smell more dips I believe it's time for bears to trample on crypto market for a while, smartest plan is hold few USDT

If you were able to cash out or convert your holdings into stable coins, I think it would be ideal for changing the allocations of your coins. If you hadn’t, you would have a hard time absorbing your losses And might not change your mind any time soon and wait for the market to recover.

If I were to choose some coins, I would still pay attention to the metaverse and find some exciting projects with it.

I do not think that the current correction of rates can be called a collapse, a common seasonal phenomenon. The collapse was when bitcoin fell from $10,000 to $1,000. I don’t think that against the background of a slight correction, make a list of good coins and projects to enter, based on the fact that the bearish trend will weaken soon, most likely it may be delayed against the backdrop of a pandemic, and this list should be compiled after March-April.

The body of your post is too long although I don't see any reason for that, so I would be specific about your title, I think In my own opinion is that the dip or a crash is the best time to know the strength and ability of the coin you are really holding, not many coins would come out if the dip even if they were great before the dip, this dip and the volatile nature of crypto-currency has made me appreciate Bitcoin even more, because it doesn't find it hard to rise back after a fall.

But why i don't see other major coins like BNB (binance) and EOS (Eth Killer)? Don't you think they have potential for an expanding growth for the future? Personally, i think Ethereum and Binance are better in term of investment opportunities than the ones you mentioned especially Chainlink and Uniswap who have many competitors doing better performance than both of them.
I have been also following new projects and i think they have the chance to growth with their useful concepts.

Sorry to hear about your loss, i hope the prices will recover sooner.

Chainlink is what's on my mind. The same with Uniswap, they're far from their ATH and I think if we have any other choice and what you think is right.
Just choose it, there's so much value and choice to make in the market which made a lot of altcoins go into cheaper prices. Is avalanche really what you think is the top competitor for eth? I'd say that it's BSC/BNB.

We have a very big crash right now and all our coins are at a loss.

While it is very sad to have losses, a crash is also a good opportunity to sell old coins and increase / add new coins. Prices will go up again at some point and for many coins it will result in a big price increase again. Even shortly after a crash, altcoins are likely to get more profits.

A crash has often resulted in a new market segment, where old coins were rejected and new coins gained popularity. It can happen now again!

So let’s have a look which coins could rise a lot, when prices go up soon (next bull market).
I have done some research and listed my personally most favorable coins for a big profit when prices will go up:



Chainlink

Chainlink is a very new coin and was rising last year very fast after it got detected.

But it still has huge potential if you look at what Chainlink is doing.

Chainlink will be essential for a multi-chain future where multiple Blockchains exist in parallel. Because Chainlink is needed to link each chains, Chainlink is in a strategically excellent position no matter which chain is dominant, no matter if Ethereum Blockchain, Binance Blockchain, Avalanche Blockchain or Cosmos Blockchain, Chainlink will always be required to link chains!
And Chainlink has already many partnerships.
As long as Blockchains exist, we will need Chainlink to link chains. Only few understand!
Chainlink will very likely see massive gains!



Avalanche

Avalanche is a top competitor against Ethereum. While Ethereum still needs to finish Ethereum 2.0 (it will still take a long time), is Avalanche already a PoS coins and doing what Ethereum 2.0 will do.

Because right now, nobody is paying 100$ for an easy Ethereum swap. Avalanche has every feature, which we know already from Ethereum, Avalanche is faster, more decentralized and already moved to PoS. In addition, Avalanche has also a limited supply. Avalanche is right now already doing what Ethereum 2.0 will do. Only few people know but many devs are already moving over to Avalanche.
Avalanche is solving scaling by using novel Blockchain technology which experts have reviewed and certified.

In addition, Avalanche will bring new Crypto products for everyone:
- ILOs on Avalanche (initial litigation offerings), where normal people can collect money to go to court and sue big players. While still many people spread FUD about Blockchain ILOs, it can be a very big use case because only few know about it!
- Subnets as unique Blockchains on Avalanche, where people will be able to create own Blockchains based on Avalanche coins. Just like people can create an Ethereum Token, Subnets on Avalanche are for a whole Blockchain, deriving from Avalanche's coin. It's Token 2.0 economy.

Avalanche is a very good coin from a technology point of view.



Uniswap

Uniswap is a decentralized exchange and got popular when it launched.
Until now, Uniswap is leading internally for decentralized exchanges.

Decentralized exchanges have multiple advantages like a very easy access, a democratic surface because we don’t need to trust a middleman. Uniswap is only based on code. Uniswap is permissionless because people don’t need permission to use it and Uniswap does not need maintenance fees.
Compared to Binance, Uniswap is much better.
Yes, Uniswap will flip Binance because Uniswap is easier to use.

Uniswap has a very high chance to replace Binance and profits of Uniswap can be huge.




We might have still some more interesting coins but I will stop here and ask for your opinion:

Which coins are you considering to buy more from after such a crash to prepare for a bull market?