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Topic: Altcoin investments have become risky this day. (Read 3171 times)

full member
Activity: 1554
Merit: 101
it seems that if you want to invest in altcoins that have a good reputation and have survived in the previous bear market so it gives a little sense of security to investors, or who intend to hold these coins for a long time.
member
Activity: 199
Merit: 59
You might think that it will be the same story for you, but it is not and you forget that there are thousands of people who have lost money trying to do the same thing. I hope that one day people will realize that following in other people's footsteps will not make you rich, you need to find your own path and make your own money to become rich, otherwise you will just be someone else's pawn and nothing more.
hero member
Activity: 1498
Merit: 502
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Altcoins investment is very beneficial but we should not trust all altcoin because crypto market is unpredictable so investment in those coins which have bright past and will have bright future will have definitely higher return for it's holders like that are Ethereum. Appreciation is just for Bitcoin and not just altcoins but all other coins are risky so be careful in selecting and taking decisions for the different tokens.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
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Quote
Altcoin investments have become risky this day.
Risk has always been there, and in times of a bear market, chances are high that the weaker coins will see more red than those that have a strong reputation and decent following. It's all about finding the coin that ticks most of the investment boxes!
if we look back at crypto history, especially altcoins in 2016 until now, then we will know that very many altcoins have fallen, been abandoned, and even become scams. this proves that since long ago, investing in altcoins was indeed very risky. However, we cannot deny that many people benefit from using it.

Because of this, it would be great if we instilled that it was a risky thing from the start so that we really prepared ourselves mentally for it. well, if we get profit, we can take advantage of it, and if we get scammed, then we are ready for the risk.

In addition, even though investing in altcoins carries a large risk, if we pay close attention, we can be sure that there are very many altcoins that also have great potential for us to take advantage of at this time.
sr. member
Activity: 1484
Merit: 447
The problem with altcoins today is the pool of these is wide and deep, and to top it off most are doing similar projects which make them less of value, but if you can find an altcoin that does it differently I can guarantee you that this coin will succeed and market never fails such!
Yes, there are many altcoin projects with similar concepts. But as long as they have good fundamentals and the demands are high, no problem investing in the projects with the money that we can afford to lose. I see there are still many altcoins with the right innovation, good projects must have big demands and they are hyped easily. Just choose the altcoin projects that have good progress.

Risk has always been there, and in times of a bear market, chances are high that the weaker coins will see more red than those that have a strong reputation and decent following. It's all about finding the coin that ticks most of the investment boxes!
Sure. No investment without risks. But I understand that investing in altcoins is higher than investing in Bitcoin. That's why we must be careful to choose the right altcoins. This bearish season eliminates the bad coins, the weak coins can't survive during the red market.

hero member
Activity: 2576
Merit: 586
It is not about how they do it differently. It's more about if they are serious about that project or not and doesn't have any intentions to milk the investors money.
Sure they do it differently so people would assume it's great and unique, but sometimes it's too good to be true because of how different they do and the chance of the project become real is really low in most cases.
If the developer of the altcoin is serious, then they will create a one of kind altcoin. It doesn't matter if it will cost them a lot of money, effort or time but what important is that they are trying their best to contribute on the crypto space and to have something for the people to help them solve their problems that they are currently facin. Once it became known and people likes it, they will still recover what they have spend on building the project so their efforts are still going to be worth it at the end.

"Guarantee" in crypto space is really overexaggerating.
But, you won't ask him if what coin he is talking about? Don't tell me he means "altcoins" but altcoins is not a single coin. If there is one coin that I believe has a guarantee then I think that is only be Bitcoin and none of the altcoins.
hero member
Activity: 2912
Merit: 526
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The problem with altcoins today is the pool of these is wide and deep, and to top it off most are doing similar projects which make them less of value, but if you can find an altcoin that does it differently
It is not about how they do it differently. It's more about if they are serious about that project or not and doesn't have any intentions to milk the investors money.
Sure they do it differently so people would assume it's great and unique, but sometimes it's too good to be true because of how different they do and the chance of the project become real is really low in most cases.

I can guarantee you that this coin will succeed and market never fails such!
"Guarantee" in crypto space is really overexaggerating.
hero member
Activity: 812
Merit: 619
Actually trading is always risky and I think that investment in Bitcoin will never make you hopeless so whenever the market is down then just hold up so it will be perfectly good for you because market always comes to higher value after some time as it is not stable.

Bitcoin is stable coin and ups and downs are always occurs in market. Putting money in Altcoins when market is high will not give you profit but instead it will be be difficult for you to recover that sum again.

Always put less amount and buy when market is down and also put money into that coin which is less volatile and has a stable background and stable base.
hero member
Activity: 1834
Merit: 879
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The problem with altcoins today is the pool of these is wide and deep, and to top it off most are doing similar projects which make them less of value, but if you can find an altcoin that does it differently I can guarantee you that this coin will succeed and market never fails such!

Quote
Altcoin investments have become risky this day.
Risk has always been there, and in times of a bear market, chances are high that the weaker coins will see more red than those that have a strong reputation and decent following. It's all about finding the coin that ticks most of the investment boxes!
full member
Activity: 1428
Merit: 120
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and yes it can come back once there are willing whales or team that wanted to bring them grow for sole purpose of manipulation and getting investors money. and that 90% from dumping sometimes took more at least 95%.
had tried shitcoin , even meme coin and yes I am tired now and chooses to invest in ranking coins instead.
Yeah, The risk of altcoins is 99%, how in detail about Terra, FTX it is just a part of the altcoin space where legitimacy is woven… Lol, Countless people have become proletariat and defaulted  .  Risks and potentials are the development potential of this market.  Risk management for altcoins is part of luck.  No one denies the big risk of shitcoin but even the top altcoins have certain risks.
We must always learn how to manage risk and emotions are the best way to guarantee the success rate.
full member
Activity: 2576
Merit: 205

and yes it can come back once there are willing whales or team that wanted to bring them grow for sole purpose of manipulation and getting investors money. and that 90% from dumping sometimes took more at least 95%.
had tried shitcoin , even meme coin and yes I am tired now and chooses to invest in ranking coins instead.


Some time, the question that border my mind is, what is the percentage holding of whale team that could cost a sprung call pump and dump.
I know there is high market manipulation with altcoins most especially those built by teams with a shady ideology without any visible road map, to achieve price increases with basics features for the sustenance of the price of the coin, so most of them with the intent to just become pump and dump may constantly looking for ways to manipulate the market just to take their own gains and exit the market leaving the coin to crashed back to zero.
This has become a regular and popular thing in the market which has increased the risk level of altcoin investment.
That cannot be answered mate , because we have no proof of who on them are conniving with each other but one thing we can assure is that there are many of them that settled with each other just to move the price from here and there, there might no accuracy but yes they are,
hero member
Activity: 1106
Merit: 526
Leading Crypto Sports Betting & Casino Platform

and yes it can come back once there are willing whales or team that wanted to bring them grow for sole purpose of manipulation and getting investors money. and that 90% from dumping sometimes took more at least 95%.
had tried shitcoin , even meme coin and yes I am tired now and chooses to invest in ranking coins instead.


Some time, the question that border my mind is, what is the percentage holding of whale team that could cost a sprung call pump and dump.
I know there is high market manipulation with altcoins most especially those built by teams with a shady ideology without any visible road map, to achieve price increases with basics features for the sustenance of the price of the coin, so most of them with the intent to just become pump and dump may constantly looking for ways to manipulate the market just to take their own gains and exit the market leaving the coin to crashed back to zero.
This has become a regular and popular thing in the market which has increased the risk level of altcoin investment.
full member
Activity: 2576
Merit: 205
While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?
most of alt gonna survive but lot of them gonna dead when depp and long bear market hit them hard, but sometimes these dead coin revive again from grave when bullcycle almost hit peak, as we all know -90% doesnt mean good for investing, sometimes it takes another -90% from current bottom and -98-99% drop is normal for alt
and yes it can come back once there are willing whales or team that wanted to bring them grow for sole purpose of manipulation and getting investors money. and that 90% from dumping sometimes took more at least 95%.
had tried shitcoin , even meme coin and yes I am tired now and chooses to invest in ranking coins instead.

hero member
Activity: 3066
Merit: 629
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The market turned out to be more positive. 21!
And it's down by now back to $20k.
But regardless of that, it only shows how the market is turning bullish again. These dips will be pretty normal when the pump is quite good for the past few weeks.

Some people don't understand that we have 3 cycle in markets and these are Bullish, Bearish and Sideways. We are in shifting phase where the bearish side is now turning into bullish side. There is no forever cycle where we see a forever bullish, bearish or even sideways. It is called cycle because it is a complete round and recurring series.
Yes, this is a cycle that we're seeing and those that have anticipated it coming, they're the ones that will start to accumulate the coins that they think might pump and give them greater return soon.
sr. member
Activity: 1036
Merit: 281
Some people don't understand that we have 3 cycle in markets and these are Bullish, Bearish and Sideways. We are in shifting phase where the bearish side is now turning into bullish side. There is no forever cycle where we see a forever bullish, bearish or even sideways. It is called cycle because it is a complete round and recurring series.

Altcoin investment is not that risky as you think especially if you have a detailed plan and research on the altcoin that you are planning to buy. What it makes risky is if you are investing to those unknown shitcoin or legit altcoins without having a detailed plan.
legendary
Activity: 1762
Merit: 1002
While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?
most of alt gonna survive but lot of them gonna dead when depp and long bear market hit them hard, but sometimes these dead coin revive again from grave when bullcycle almost hit peak, as we all know -90% doesnt mean good for investing, sometimes it takes another -90% from current bottom and -98-99% drop is normal for alt
newbie
Activity: 52
Merit: 0
The market turned out to be more positive. 21!
sr. member
Activity: 2660
Merit: 339
The market is currently stable with Bitcoin at $16,000 support. With that price situation, if Bitcoin should break $17,000 and rise up to $20,000 before the next Bitcoin halving, we might see the bull market beyond what we saw in 2021.
It is not stable, BTC is around $16k temporarily only. I guess BTC to pass $17k soon, maybe in 2nd month of this year.

Bullrun will come, don't worry about it, bro!! Although BTC won't reach $17k and it is not above $20k this month, I am optimistic that BTC will surely reach $20k in the first quarter of 2023 (Q1). As long as we didn't hear too many negative issues anymore, we can expect to see $20k in Q1. Then, BTC may increase to $25k-$30k in Q2 or Q3 of this year.
If it's temporary then we are already above $16k or below it, so he is right that it is stable. This price isn't only permanent because the cycle must be followed. The bear market is soon going to be replaced by a bull run. Maybe you are right that $17k will take place by February because January started in red and a lot of us are thinking that it will stay like this for a while.

Negative news is normal and I think there is no way to control them but it is always possible to avoid them. We shouldn't feel that we are affected as that can only worsen the situation. We have lots of negative news last year so maybe we will have less this time, only for the people to relax a bit.
sr. member
Activity: 1484
Merit: 447
The market is currently stable with Bitcoin at $16,000 support. With that price situation, if Bitcoin should break $17,000 and rise up to $20,000 before the next Bitcoin halving, we might see the bull market beyond what we saw in 2021.
It is not stable, BTC is around $16k temporarily only. I guess BTC to pass $17k soon, maybe in 2nd month of this year.

Bullrun will come, don't worry about it, bro!! Although BTC won't reach $17k and it is not above $20k this month, I am optimistic that BTC will surely reach $20k in the first quarter of 2023 (Q1). As long as we didn't hear too many negative issues anymore, we can expect to see $20k in Q1. Then, BTC may increase to $25k-$30k in Q2 or Q3 of this year.

hero member
Activity: 3066
Merit: 629
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There's no exception with all of them because all altcoins are risky. You can't even be sure with the stablecoins right now due to some of them falling.
That's why someone who's investing in altcoins is not just a random investor but they know where they're putting their money.
And it has been ever like this. OP says altcoins have become a risky investment these days, but the truth is that even during bull markets altcoins are dangerous investments. If an investor picks a scam altcoin, he may lose his entire investment, despite being in green market where the prices of cryptocurrencies in general are rising. Moreover, altcoins which were fristly created with a legit purpose may also fall down during a positive season, if investors lose interest for it for different causes. For that reason, it's always necessary to be very careful with altcoins' investment, regardless of market's conditions.
Yeah, think of it at all times that they're all risky no matter what the project is, the risk is always attached to all of them. More with the bull run, more scam projects are coming out with that because the enthusiasm of all investors is there during that time.
And with those scam projects, they're taking the advantage of that moment because they know that everyone will start to pick and invest those projects that might give them wealth in a short period of time.
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