Altcoin investments have become risky this day. - page 10.

CaVO32

full member

Activity: 1848

Merit: 158

Quote from: peter0425 on June 10, 2022, 05:11:23 AM

Quote from: lalabotax on June 09, 2022, 04:59:10 PM

Quote from: peter0425 on June 06, 2022, 06:44:39 AM

Yes, keeps adding Bitcoin aside from altcoins because this is the safest and most profitable in long term investments and we should learn to wait and support legit coins than those Pump and dump project that will surely make you hit the ground if did not take the chance selling in hyping season .

Do you mean only focus on buying Bitcoin? I don't think we need to ignore altcoins, altcoins also have a good potential profit. But we must be careful to choosing altcoins to buy. Don't buy altcoins that have no clear fundamentals, especially those new altcoins. It is better to buy top altcoins that seem to have a good future and are supported by most crypto users. We can analyze the volume of its transactions on exchanges to know how well people support those altcoins.

I don't know if you fully understand what I posted here but it is clearly I mentioned "KEEPS ADDING BITCOIN" but i did not mention not to buy altcoin , what i Say is optional , if you wanted safer investment then best to buy Bitcoin in this dumping season , but of course buy altcoin that moving great or lowering now as there is many chances to earn when the market return to Bull running like what happened constantly.
dump now and Pump tomorrow.

If you do really want a bit of assurance with your portfolio, having bitcoin for me is also a must. When most of these alts are disappearing, btc stays. There will be promising and valuable alts to hold, but yes, that is for you to evaluate and study which one of them are worth holding to. Because let us admit, most of them are launched for the sake of the dev team's pockets. Very few has the sincerity to develop them into something useful for the public consumption. This is why, it is very risky when it comes to alts, you have no idea of the project's longevity in the market as it depends mostly on the team.

RockCryptoWorld

newbie

Activity: 322

Merit: 0

Sorry but when it wasn't risky? Your life is risky too, every decision you make is kinda risky
I think you should spend more time on researching more info about new projects, their perspectives and potential
You'll find out that there are too many good projects, but UNIQUE projects are so rare
Point Network for example is the rare one, yet not that hyped but extremely underrated, worth checking out

RussianEnglishTranslation

jr. member

Activity: 840

Merit: 6

Quote from: _act_ on May 24, 2022, 02:48:56 AM

It is just like saying can the sun shine. Altcoins have been very risky since the day they have started to be created, ICOs, IEOs, pump and dump, DeFi and many others are risky. Some are like ponzi scheme and some are just not worth it.

During bull run, you can buy altcoins, but during bear market, better to sell because they are most volatile and some altcoins will remain dead.

Buying altcoin at all-time-high is another problem because most of them do not use to reach all-time-high again. You can check many altcoin created like 5 years ago to see that I am right, which means they are not store of value.

IMO, buying altcoins at an ATL is also a good idea. There is no guarantee that old daddy BTC will return to a dominance level over 55% like it did in the past. People these days just don't care about Bitcoin anymore. They realized that they can get rich by investing in an altcoin like IOTA, UTNP, or CNDL but they won't get rich investing in Bitcoin unless they are already rich due to the fact that its marketcap and price is just too high.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: Reatim on June 10, 2022, 05:18:20 AM

Quote from: TheGreatPython on June 09, 2022, 01:27:14 PM

Quote from: rugrats on June 02, 2022, 09:55:30 AM

From the outset, cryptocurrencies have been seen as riskier investments than other financial markets, not just risky altcoins. Bitcoin-only cryptocurrencies are considered the safest investments and the rest of the cryptocurrencies are riskier. The way to limit risk when investing in altcoins is to choose top altcoins and DYOR before investing.

I always laughed at that idea, like crypto is somehow more riskier than stocks or gold or fiat? I mean it is quite clear to me that other investments are a lot more riskier than crypto because when you hold bitcoin that means you are going to beat inflation and get richer most of the time, sure sometimes you need to wait for it but at the end of the day you are not going to end up doing anything that will be profitable for you if you invest into others like stock markets and sometimes the returns are silly. Sure crypto is more risky if you end up investing into something idiotic, but if you do not pick coins like that then there won't be a problem.

most people that says that are those kind of people that already Lose their funds inside crypto because of sometimes greediness or most of the times being NOOB.
They don't truly understand the market and all they knew is to Buy and sell and not when or what.
i am not giving them my concern as I try explaining this to the people around me that shows interest in crypto.
all i share is that never expect too much and never rush the profiting because this will lead to more losing if wanted an easy money .

Never rush yourself on earning money or making profitable trades or investment because that not how it works because once reality do able to face up then you would realize that this isnt something

sticking with that buy low sell high kind of thingy which you do really believe that it was really just too easy to be done but once you do put your foot into the market and once you do realize it for yourself
then you would be finding it to be tough and challengin.Now that the market is on a great decline then this is where emotions do get involved on where you would need to decide
neither you would buy or wait up even further.

typerex987

newbie

Activity: 266

Merit: 0

Yes but I think that web 3, web6.9 are looking pretty interesting now If we're talking about trends

I find Point Network really perspective

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: TheGreatPython on June 09, 2022, 01:27:14 PM

Quote from: rugrats on June 02, 2022, 09:55:30 AM

From the outset, cryptocurrencies have been seen as riskier investments than other financial markets, not just risky altcoins. Bitcoin-only cryptocurrencies are considered the safest investments and the rest of the cryptocurrencies are riskier. The way to limit risk when investing in altcoins is to choose top altcoins and DYOR before investing.

I always laughed at that idea, like crypto is somehow more riskier than stocks or gold or fiat? I mean it is quite clear to me that other investments are a lot more riskier than crypto because when you hold bitcoin that means you are going to beat inflation and get richer most of the time, sure sometimes you need to wait for it but at the end of the day you are not going to end up doing anything that will be profitable for you if you invest into others like stock markets and sometimes the returns are silly. Sure crypto is more risky if you end up investing into something idiotic, but if you do not pick coins like that then there won't be a problem.

most people that says that are those kind of people that already Lose their funds inside crypto because of sometimes greediness or most of the times being NOOB.
They don't truly understand the market and all they knew is to Buy and sell and not when or what.
i am not giving them my concern as I try explaining this to the people around me that shows interest in crypto.
all i share is that never expect too much and never rush the profiting because this will lead to more losing if wanted an easy money .

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: lalabotax on June 09, 2022, 04:59:10 PM

Quote from: peter0425 on June 06, 2022, 06:44:39 AM

Yes, keeps adding Bitcoin aside from altcoins because this is the safest and most profitable in long term investments and we should learn to wait and support legit coins than those Pump and dump project that will surely make you hit the ground if did not take the chance selling in hyping season .

Do you mean only focus on buying Bitcoin? I don't think we need to ignore altcoins, altcoins also have a good potential profit. But we must be careful to choosing altcoins to buy. Don't buy altcoins that have no clear fundamentals, especially those new altcoins. It is better to buy top altcoins that seem to have a good future and are supported by most crypto users. We can analyze the volume of its transactions on exchanges to know how well people support those altcoins.

I don't know if you fully understand what I posted here but it is clearly I mentioned "KEEPS ADDING BITCOIN" but i did not mention not to buy altcoin , what i Say is optional , if you wanted safer investment then best to buy Bitcoin in this dumping season , but of course buy altcoin that moving great or lowering now as there is many chances to earn when the market return to Bull running like what happened constantly.
dump now and Pump tomorrow.

lalabotax

full member

Activity: 1582

Merit: 132

BK8 - Most Trusted Gambling Platform

Quote from: peter0425 on June 06, 2022, 06:44:39 AM

Yes, keeps adding Bitcoin aside from altcoins because this is the safest and most profitable in long term investments and we should learn to wait and support legit coins than those Pump and dump project that will surely make you hit the ground if did not take the chance selling in hyping season .

Do you mean only focus on buying Bitcoin? I don't think we need to ignore altcoins, altcoins also have a good potential profit. But we must be careful to choosing altcoins to buy. Don't buy altcoins that have no clear fundamentals, especially those new altcoins. It is better to buy top altcoins that seem to have a good future and are supported by most crypto users. We can analyze the volume of its transactions on exchanges to know how well people support those altcoins.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

Quote from: rugrats on June 02, 2022, 09:55:30 AM

From the outset, cryptocurrencies have been seen as riskier investments than other financial markets, not just risky altcoins. Bitcoin-only cryptocurrencies are considered the safest investments and the rest of the cryptocurrencies are riskier. The way to limit risk when investing in altcoins is to choose top altcoins and DYOR before investing.

I always laughed at that idea, like crypto is somehow more riskier than stocks or gold or fiat? I mean it is quite clear to me that other investments are a lot more riskier than crypto because when you hold bitcoin that means you are going to beat inflation and get richer most of the time, sure sometimes you need to wait for it but at the end of the day you are not going to end up doing anything that will be profitable for you if you invest into others like stock markets and sometimes the returns are silly. Sure crypto is more risky if you end up investing into something idiotic, but if you do not pick coins like that then there won't be a problem.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: arifteguhr on June 03, 2022, 03:44:49 AM

Quote from: peter0425 on June 03, 2022, 03:32:41 AM

Yeah and this is something many does not understand as they only seeking for their instant earning and not for the long term effect and benefits,
if youa re going to buy in this dumping season and will keep the funds for at least 2-3 years from now as the estimated time for Halving ? then surely in that matter you will make insignificant earnings and will be thankful for what we are advising them now.

If you are targeting long-term investment then make sure you choose BTC, ETH and BNB, the three altcoins that are worth holding until the halving term, I don't dare to suggest other altcoins even though they have potential for this year, but it will be risky if holding them in the next 2 years.

Yes, keeps adding Bitcoin aside from altcoins because this is the safest and most profitable in long term investments and we should learn to wait and support legit coins than those Pump and dump project that will surely make you hit the ground if did not take the chance selling in hyping season .

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

Quote from: arifteguhr on June 03, 2022, 03:44:49 AM

If you are targeting long-term investment then make sure you choose BTC, ETH and BNB, the three altcoins that are worth holding until the halving term, I don't dare to suggest other altcoins even though they have potential for this year, but it will be risky if holding them in the next 2 years.

All investments are at risk, even property investments. For crypto because at the moment If you remember Luna Terra's stable project she was also destroyed due to her algorithmic failure, then the Squid Game token was taken away.
As for BTC and ETH I've known them from the beginning. These two coins are the most surviving coins. Holding them is the best potential back to the best price even I think they will exceed yesterday's ATH. Whereas their BNB hasn't been long, but so far they are very strong and a lot of innovations. So owning BNB I think is quite promising.

RussianEnglishTranslation

jr. member

Activity: 840

Merit: 6

Quote from: Odusko on May 24, 2022, 02:00:31 AM

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?

Good question. We already saw some alts start to pop off, which indicates to me that whales know that this bear market is only temporary and that things have bottomed. Retail investors are still fearfull but smart money isn't and is buying more ICP and Ethereum.

judaspriest

full member

Activity: 1330

Merit: 100

C O M B O

Quote from: arifteguhr on June 03, 2022, 03:44:49 AM

Quote from: peter0425 on June 03, 2022, 03:32:41 AM

Yeah and this is something many does not understand as they only seeking for their instant earning and not for the long term effect and benefits,
if youa re going to buy in this dumping season and will keep the funds for at least 2-3 years from now as the estimated time for Halving ? then surely in that matter you will make insignificant earnings and will be thankful for what we are advising them now.

If you are targeting long-term investment then make sure you choose BTC, ETH and BNB, the three altcoins that are worth holding until the halving term, I don't dare to suggest other altcoins even though they have potential for this year, but it will be risky if holding them in the next 2 years.

Talking about long-term investment indeed it will not be separated from the three coins,
I think at least choosing these three coins is much safer than other coins,
but after all everyone has their own views and decisions regarding coins for long term investment

Hold-n-play

member

Activity: 142

Merit: 48

It is risky because many want to make both quick and substantial profit at the same time. yes, BTC is solid but you cant expect to make 20X on it, at least not in the short run. I think that everyone is looking for a some hidden gems, a small cap project with sound technology and potential profit. Yes, its risky so dont invest too much.

arifteguhr

sr. member

Activity: 1246

Merit: 252

Quote from: peter0425 on June 03, 2022, 03:32:41 AM

Yeah and this is something many does not understand as they only seeking for their instant earning and not for the long term effect and benefits,
if youa re going to buy in this dumping season and will keep the funds for at least 2-3 years from now as the estimated time for Halving ? then surely in that matter you will make insignificant earnings and will be thankful for what we are advising them now.

If you are targeting long-term investment then make sure you choose BTC, ETH and BNB, the three altcoins that are worth holding until the halving term, I don't dare to suggest other altcoins even though they have potential for this year, but it will be risky if holding them in the next 2 years.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: sana54210 on May 30, 2022, 04:26:06 PM

Quote from: peter0425 on May 30, 2022, 04:01:37 AM

completely wrong mate, because these days is the perfect timing to invest in Altcoins because look at the market ? it is dumping and this would be the right timing to enter and wait for the increase in the coming days.

I have plenty of plans but I was stocked in bitcoin , ethereum and Ripple , so I may add small amount in at least Solana and Binance for more chances of profiting .

This is the key to making more money. If you invest when it's low, you are going to make a lot more profit, but if you invest when it's high, then the only way to go would be lower. Tons of people invested when the price was hyped and we were in a bull run, and yes some of them made money but at the end of the day they didn't made the most optimum amount of money they could, because they didn't invest when it was 3-4k range just a year before.

So, if you invest right now, you will be making more money than anyone that will buy after this, when we start to go down. Do not buy when it's bull, buy when it is in the bear market to make the most out of your money.

Yeah and this is something many does not understand as they only seeking for their instant earning and not for the long term effect and benefits,
if youa re going to buy in this dumping season and will keep the funds for at least 2-3 years from now as the estimated time for Halving ? then surely in that matter you will make insignificant earnings and will be thankful for what we are advising them now.

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: Odusko on May 24, 2022, 02:00:31 AM

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?

You can still invest in altcoins, in fact the bearish market is the perfect timing to fill your bags. However, not all altcoins are worthy to invest in because not all altcoins can recover once the market turn bullish again.

Those shitcoins that already hit their ath are likely become dead once the market hit the bottom or if Bitcoin is declining consistently. Because Btc influence the price of alts, and coins that are not establish and no utility cant survive during this time.

Crypto is a risky investment so you need to be wise on what coins are you going to buy, always DYOR.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: rugrats on June 02, 2022, 09:55:30 AM

From the outset, cryptocurrencies have been seen as riskier investments than other financial markets, not just risky altcoins. Bitcoin-only cryptocurrencies are considered the safest investments and the rest of the cryptocurrencies are riskier. The way to limit risk when investing in altcoins is to choose top altcoins and DYOR before investing.

Trying out to compare with traditional investments then we know that crypto is much more riskier but in exchange to that then the possibilities of gaining or getting huge profits is also there thats why
its up to someone if he could able to bare that risk or not and this is where it do depends if someone do decide to take risk for in exchange with that possible opportunity or chances.
Never ever make yourself thinking off on having riskless in resulting on being too confident on dealing with the market because once you do experience reality then you would surely
able to tell the differences.

rugrats

sr. member

Activity: 700

Merit: 250

Vave.com - Crypto Casino

From the outset, cryptocurrencies have been seen as riskier investments than other financial markets, not just risky altcoins. Bitcoin-only cryptocurrencies are considered the safest investments and the rest of the cryptocurrencies are riskier. The way to limit risk when investing in altcoins is to choose top altcoins and DYOR before investing.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

Quote from: BuNga_cute on May 31, 2022, 04:02:19 AM

Actually we all know to be able to make big profits when investing in crypto is to buy coins at low prices. And now I think all coins have decreased drastically, meaning that now is the right time to buy coins. But unfortunately only a few investors dare to buy coins when in a bear market situation like now, even though the price of coins is very low. Most people are afraid that the market will still go down even further, even though it's just a fear that won't necessarily happen.

Aside from the people who don't invest because they are afraid, there are also people who don't invest (for a while) because they are expecting for more dips. If the price goes down right after we buy, then why not buy again instead of worrying? That is why dca is being on the talk of the town lately but no matter how good we do our research, accidents can always happen like what happened on the luna investors. They thought they already picked up the right coin but they don't know that the coin turned out to be bad later on.

This thing can happen on altcoins but for the main coin bitcoin, I don't think it can still experience a serious issue since it was running for many years already.

Topic: Altcoin investments have become risky this day. - page 10. (Read 3154 times)