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Topic: Altcoin investments have become risky this day. - page 14. (Read 3073 times)

legendary
Activity: 1624
Merit: 1799
Binance #SWGT and CERTIK Audited
Confidence in large coins, especially Bitcoin, is still present despite this bearish market, in addition to the fact that the collapse of Luna has nothing to do with the bearish market, but is the result of another different accident, despite all these problems, we must not lose confidence in this promising market, there are always opportunities to profit even With this sharp bearish market, but you must trade with experience and caution, the best in these times is to invest in currencies that have proven their presence in the market despite all the difficult crises, the first of which is Bitcoin, of course.
hero member
Activity: 1890
Merit: 591
Have you ever seen the crypto market go down, so you are really panicking right now, you need to know that cryptocurrencies are very volatile so risk is always lurking around us, therefore we must always be ready to accept any risk whatever happens in the future, I suggest you invest in altcoins that have a rank above CMC because these coins have great potential to be able to increase higher in the future, of course you also have to always monitor the movement of coins so that things don't happen that we don want.
How can the OP deduce which coin you mean if he asks further?
I think even coins that are rated on the CMC when bitcoin enters a roaring market will be hard to avoid. Because there is no guarantee whatsoever for altcoins. As happened with LUNA, didn't we learn a lot that growing faster is just bitcoin. The rest didn't come back.
hero member
Activity: 2968
Merit: 609
Leading Crypto Sports Betting & Casino Platform
Is not it a typical of crypto market? A bit surprised that if you are just aware about that right now. I have been trading altcoins and i find that if the altcoin market is very volatile caused by the whales were always doing manipulation but sometime the fundamental has been driving people to massively buy the tokens. There are lots of things can happen with the altcoin market. I would not be surprised to see that if there would always be token that pumped massively in a night.


yes I agree with you if the crypto market is completely controlled by whales who can manipulate the market, but I think coins that have strong fundamentals have a great chance of surviving and rising higher in the future, with users and have a community a large coin has a high chance of being able to pump higher,
Manipulation is there but this isnt something that too obvious yet this market could really move on a very non predictable or speculative way which would really be that hard to make out decisions something like this.

Every investment does really have that risk since from the start and we know that whenever bitcoins drop its price then its normal that altcoins would really be going on the same path.
If you cant bare with the risk then its not really something that first you out in speaking with crypto investment.
sr. member
Activity: 473
Merit: 250
Is not it a typical of crypto market? A bit surprised that if you are just aware about that right now. I have been trading altcoins and i find that if the altcoin market is very volatile caused by the whales were always doing manipulation but sometime the fundamental has been driving people to massively buy the tokens. There are lots of things can happen with the altcoin market. I would not be surprised to see that if there would always be token that pumped massively in a night.


yes I agree with you if the crypto market is completely controlled by whales who can manipulate the market, but I think coins that have strong fundamentals have a great chance of surviving and rising higher in the future, with users and have a community a large coin has a high chance of being able to pump higher,
sr. member
Activity: 533
Merit: 250
Have you ever seen the crypto market go down, so you are really panicking right now, you need to know that cryptocurrencies are very volatile so risk is always lurking around us, therefore we must always be ready to accept any risk whatever happens in the future, I suggest you invest in altcoins that have a rank above CMC because these coins have great potential to be able to increase higher in the future, of course you also have to always monitor the movement of coins so that things don't happen that we don want.
sr. member
Activity: 1512
Merit: 418
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?
Indeed, when we want minimal risk, of course the return or profit generated is also small. But it doesn't matter, for like me this is far better effective than not starting to invest at all. It is also necessary to realize that risk will not be far from real life or virtual, small or large, we must enjoy it?
full member
Activity: 885
Merit: 100
#SWGT PRE-SALE IS LIVE
I think the risk of investing in crypto is not only today, but every second of the time investing in crypto has a very big risk, therefore if you invest in crypto it is highly required to be patient, alert, and calm, otherwise you will be haunted by losses at a later time at any time, but the most important thing is to invest coins that have great potential and have strong fundamentals in order to grow and survive in the future,
full member
Activity: 757
Merit: 101
I think the risk that crypto has is very big not even today but the risk is every second, therefore before investing in crypto it would be better to do in-depth research about what coins you will invest, because knowing the state of the market then You can anticipate the risk of loss.
hero member
Activity: 2268
Merit: 507
Is not it a typical of crypto market? A bit surprised that if you are just aware about that right now. I have been trading altcoins and i find that if the altcoin market is very volatile caused by the whales were always doing manipulation but sometime the fundamental has been driving people to massively buy the tokens. There are lots of things can happen with the altcoin market. I would not be surprised to see that if there would always be token that pumped massively in a night.
copper member
Activity: 2702
Merit: 1247
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I know that the market is in a downtrend but not all.  There are other coins that have served a lot of things and made it to the top gainers. It might be that the investments pulled out on the loser coins have been transferred towards the altcoin market that has provided the gains that it collected.

I think it's hard to say to trust because you might be putting everything on the line just for that one coin and it shouldn't be like that. Unpredictability makes everything hard and being able to correctly guess is great. Makes it like a gambling thing.
legendary
Activity: 3150
Merit: 1127
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 choose what you trust.

Not everything in the market of altcoins can be trusted. You've given an example that a sudden turn of event happens and that's why you need to choose wisely and be picky with your choices.

Many altcoins are good as seen but you'll never know when it's going to turn the side of the table and completely turn it upside down.
This is true, altcoin market is not something that could be trusted blindly, even though there are some which are good, we need to also remember that only like 1 out of 1000 coins/tokens are great, rest are not so much. We have like nearly 20k coins/tokens in crypto these days and that's just in CMC/Coingecko, we have plenty that didn't get listed there as well.

So, we should not be really believing all we see, because in over 20k+ projects, we only have like 20 really decent ones, I wouldn't invest into any other of them because I do not believe them to be that great. This is a big problem that we all have, and we should be very careful when picking any altcoins.
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
If you are a weak hand, don't do it! Better save your dollar or just buy BTC.

In times like this, many new or old coins will experience a drastic price drop or it could be a scam. This is a crucial and tempting time when many would say buy the dip along with the enormous potential for scams in most altcoins.

But if you are forced to buy an altcoin, buy an altcoin that is really good and already has a history, network, strong community and mass adoption by means of DCA, or in small portions where if there is a scam not all your money is gone.
hero member
Activity: 2870
Merit: 556
Leading Crypto Sports Betting & Casino Platform
I still believe in investing in crypto even though so many bad things have happened to many coins. That is why investing in altcoins is very risky because altcoins always follow the bitcoin price movement. If the bitcoin price drops sharply, the altcoins will also follow and make some altcoins decline sharply. If you invest, maybe you can invest in bitcoin because, at the very least, the price can go higher and have a chance to hit new ATH in the future.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
The bearish trend was making the market became very volatile. So many people are betting with the market whether they must take short or long. Bitcoin is still in sideway and people are also feel confusing about the bitcoin movement because that's not moving as usual. Investing in altcoins meant if you wanna go long during the bearish market and this is not good. If you are seeing the market become very risky this day and yeah this is the bearish effect.
People are confusing to take short or long. The market was making it even worst caused by sideway will be only creating small pump and dum
legendary
Activity: 3038
Merit: 1350
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?

I guess there are still some good solid projects that you can 'trust' and invest right now, specially in the top 5 or at least 10 altcoins. But remember, just invest what you can afford to lose as their is a huge risk involved.

The Terra Luna might be the biggest bust of the year though and it  really put a lot of strain on the altcoin market. Nevertheless, since we are in a bear market, this might be the right now to invest because they are so cheap and then just HODL and wait for the next bull run and hopefully your invested money will multiply in the coming years.
hero member
Activity: 2716
Merit: 522
Leading Crypto Sports Betting & Casino Platform
Since when altcoin was not a risky investment? Even non altcoin like bitcoin was also a non secure investment. Crypto was about volatility when you will be seeing people will always try to buy and sell in the open market that has not yet regulated. This is different with the stock market.
There was no safe place in the cryto. The only stable token that has become a safe place that less risky this day. Even when during the bullish market and crypto market will always be a risky market.
This caused by the volatility
sr. member
Activity: 1246
Merit: 252
Even the top 10 altcoins on CoinMarketcap I wouldn't really have high hopes when a bear market came along. Providing stable coins for these conditions is quite good and wait for the moment when you find a sign of an increase. There will be a lot of negativity after LUNA and I think Bitcoin is the safest place. Still a worthy long term investment when you no longer care about altcoins.
There are many negative perspectives after the Luna (UST) stable coin case because the coin is in the top altcoin, but who would have thought that the stable coin turned into a boomerang which has harmed investors, so we must be careful about investing and please monitor investments regularly from news latest.
hero member
Activity: 2226
Merit: 953
Temporary forum vacation
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.

Exactly. Investment by definition means risky. People can and do lose money.

And then we take a look into crypto,,, which by definition is highly volatile and more crowded with scams and vaporware than actual coins with true value.

You say some are like ponzi, I even believe most are. 99% is not an exagerration because for every Bitcoin there are 99 scams.
full member
Activity: 1050
Merit: 140
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?
Nothing have changed actually. This event that we are experiencing now are normal. We are only in the bear season but sooner or later the bear can also end and the bull will take place, and that's the time the market will recover and rise.

You might be new here, that's why you are still worrying but you should get used to this market, if ever you want to stay longer. As you know, this game is not for the faint hearted and for the person that don't have a big patience. Not all altcoins are like luna that is centralized and have a greedy team but most altcoins here are decentralized and are built with a good quality so yes you can always trust them.
hero member
Activity: 2800
Merit: 520
Leading Crypto Sports Betting & Casino Platform
In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?
We can and why not? If altcoin can't become a good investment during the bearish market and why do people still buy altcoin instead of blue chip coin in the market like bitcoin? It's caused by when you are buying altcoins and it's possible to get more return compared with the bitcoin and another major coin. People in the altcoins are seeking for the big profit. If you are dealing with the big risk and you will be getting more profit.
If you didn't wanna deal with the risk and why don't you go to the staking stable token?
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