Altcoin investments have become risky this day. - page 2.

asawale

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Quote from: Odusko on May 24, 2022, 03:00:31 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?

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.

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Quote from: Pierre 2 on January 05, 2023, 04:56:36 AM

Quote from: Cantsay on January 04, 2023, 07:01:07 PM

Quote from: Smitty Werben Man Jensen on September 22, 2022, 12:29:36 PM

we can still believe in altcoins, yes even though the market is very volatile because Bitcoin of course altcoins still have a great chance to rise to 100x even 1000x,
it's just that we have to be smart in choosing or buying coins, don't buy memecoins and don't buy altcoins whose projects are dead , because of course it can make you lose

With the way things are now going tin the crypto industry it's now becoming even more difficult to spot a project that's not going to profit it's investors i.e a project that will eventually pull the rug once they have achieved what they initially planned to achieved which is to save a certain of money through their ICO and presales.
Bitcoin might not be looking to good for now but if you look carefully you'll see that so many people who have thoroughly analysed Bitcoin have started to invest millions if not billions if dollars in it.

I really dislike the fact that we still experience ragpulls in 2023! Cryptocurrency markets are all popular now and there can be many examples to lawsuits. Its strange that people still do ragpulls.
On the other hand, I believe OP is right, investment to altcoins is like seeking adventure now in 2023. Only way to make money through altcoins is quick buy/sell moves in my personal opinion. Although it depends on people. I just don't wanna risk going long in altcoins now.

Exactly, it won't be wise to go into long term with altcoin in this period.
Just find some altcoin that look promising but little and once you start realising some profit sell immediately because if you let greed take over you might end up losing your money.
At this point only Bitcoin is advisable for long term hodling.

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Quote from: Pierre 2 on January 05, 2023, 04:56:36 AM

Quote from: Cantsay on January 04, 2023, 07:01:07 PM

Quote from: Smitty Werben Man Jensen on September 22, 2022, 12:29:36 PM

we can still believe in altcoins, yes even though the market is very volatile because Bitcoin of course altcoins still have a great chance to rise to 100x even 1000x,
it's just that we have to be smart in choosing or buying coins, don't buy memecoins and don't buy altcoins whose projects are dead , because of course it can make you lose

With the way things are now going tin the crypto industry it's now becoming even more difficult to spot a project that's not going to profit it's investors i.e a project that will eventually pull the rug once they have achieved what they initially planned to achieved which is to save a certain of money through their ICO and presales.
Bitcoin might not be looking to good for now but if you look carefully you'll see that so many people who have thoroughly analysed Bitcoin have started to invest millions if not billions if dollars in it.

I really dislike the fact that we still experience ragpulls in 2023! Cryptocurrency markets are all popular now and there can be many examples to lawsuits. Its strange that people still do ragpulls.
On the other hand, I believe OP is right, investment to altcoins is like seeking adventure now in 2023. Only way to make money through altcoins is quick buy/sell moves in my personal opinion. Although it depends on people. I just don't wanna risk going long in altcoins now.

Like it or not, we have to accept this fact even though it is bitter.
It seems that this method is the best option but it really depends on each person.
Obviously always do your research first and let's see what will happen in the future

Pierre 2

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Quote from: Cantsay on January 04, 2023, 07:01:07 PM

Quote from: Smitty Werben Man Jensen on September 22, 2022, 12:29:36 PM

we can still believe in altcoins, yes even though the market is very volatile because Bitcoin of course altcoins still have a great chance to rise to 100x even 1000x,
it's just that we have to be smart in choosing or buying coins, don't buy memecoins and don't buy altcoins whose projects are dead , because of course it can make you lose

With the way things are now going tin the crypto industry it's now becoming even more difficult to spot a project that's not going to profit it's investors i.e a project that will eventually pull the rug once they have achieved what they initially planned to achieved which is to save a certain of money through their ICO and presales.
Bitcoin might not be looking to good for now but if you look carefully you'll see that so many people who have thoroughly analysed Bitcoin have started to invest millions if not billions if dollars in it.

I really dislike the fact that we still experience ragpulls in 2023! Cryptocurrency markets are all popular now and there can be many examples to lawsuits. Its strange that people still do ragpulls.
On the other hand, I believe OP is right, investment to altcoins is like seeking adventure now in 2023. Only way to make money through altcoins is quick buy/sell moves in my personal opinion. Although it depends on people. I just don't wanna risk going long in altcoins now.

Cantsay

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Quote from: Smitty Werben Man Jensen on September 22, 2022, 12:29:36 PM

we can still believe in altcoins, yes even though the market is very volatile because Bitcoin of course altcoins still have a great chance to rise to 100x even 1000x,
it's just that we have to be smart in choosing or buying coins, don't buy memecoins and don't buy altcoins whose projects are dead , because of course it can make you lose

With the way things are now going tin the crypto industry it's now becoming even more difficult to spot a project that's not going to profit it's investors i.e a project that will eventually pull the rug once they have achieved what they initially planned to achieved which is to save a certain of money through their ICO and presales.
Bitcoin might not be looking to good for now but if you look carefully you'll see that so many people who have thoroughly analysed Bitcoin have started to invest millions if not billions if dollars in it.

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Quote from: blockman on January 01, 2023, 10:34:00 AM

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.

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Quote from: wahyuagung26 on December 31, 2022, 11:32:08 AM

Quote from: Uzairjutt275 on September 25, 2022, 02:14:16 PM

It is too risky to invest in these days because market is too down and also the price of altcoins is too low due to price of bitcoin ( Bitcoin also altcoin ). In this market situation, if you invest your money you can get profit from 100x to 200x. But on the other side, it is too risky to loss your investment Wink

It's too risky to invest in Altcoins that are under the top 10 Altcoins, followed by bearish market conditions, of course all Altcoin values will go down as well as Bitcoin, but on the other hand, if we take advantage of this situation to invest in either Altcoins or bitcoin, I think this one way to get profits in the long term. so actually investing in altcoins is not too risky, if you want to be safe you should rely on bitcoin as the main handle.

Actually investing in cryptocurency assets Altcoin or even Bitcoin all have their own big risks.
There is no guarantee of asset safety for every investor.
If we are determined and sure to invest in crypto, then we must also be prepared to accept the risk of losing any amount of money.
However, all these risks will pay off if an investor chooses the right asset and is able to survive in keeping their investment assets until bull market conditions.

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Quote from: Uzairjutt275 on September 25, 2022, 02:14:16 PM

Quote from: Odusko on May 24, 2022, 03:00:31 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?

It is too risky to invest in these days because market is too down and also the price of altcoins is too low due to price of bitcoin ( Bitcoin also altcoin ). In this market situation, if you invest your money you can get profit from 100x to 200x. But on the other side, it is too risky to loss your investment Wink

market is down it’s not only due to bitcoin price, surely you should know how many accidents have happened in crypto especially in 2022, a lots of big hacking happened such as bnb,ftt that is the re-election we see right now. it is time for investment to buy cheap price any coin.

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Quote from: wahyuagung26 on December 31, 2022, 11:32:08 AM

It's too risky to invest in Altcoins that are under the top 10 Altcoins, followed by bearish market conditions, of course all Altcoin values will go down as well as Bitcoin, but on the other hand, if we take advantage of this situation to invest in either Altcoins or bitcoin, I think this one way to get profits in the long term.

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.

Quote from: wahyuagung26 on December 31, 2022, 11:32:08 AM

so actually investing in altcoins is not too risky, if you want to be safe you should rely on bitcoin as the main handle.

Don't contract what you've said but I agree on the latter part, one should feel safe investing in bitcoin.

wahyuagung26

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Quote from: Uzairjutt275 on September 25, 2022, 02:14:16 PM

It is too risky to invest in these days because market is too down and also the price of altcoins is too low due to price of bitcoin ( Bitcoin also altcoin ). In this market situation, if you invest your money you can get profit from 100x to 200x. But on the other side, it is too risky to loss your investment Wink

It's too risky to invest in Altcoins that are under the top 10 Altcoins, followed by bearish market conditions, of course all Altcoin values will go down as well as Bitcoin, but on the other hand, if we take advantage of this situation to invest in either Altcoins or bitcoin, I think this one way to get profits in the long term. so actually investing in altcoins is not too risky, if you want to be safe you should rely on bitcoin as the main handle.

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Quote from: kapalmabur on October 01, 2022, 01:28:23 PM

Quote from: len01 on October 01, 2022, 04:48:29 AM

Quote from: Jody.Drummer on September 01, 2022, 01:11:42 PM

Yes, that's right, maybe the bear market this time will be longer than predicted. It is also possible for some people to not be able to survive in a situation like this and decide to take a stablecoin to minimize the risk. But this is an opportunity for people who have a lot of money. Yes they must have taken advantage of this kind of situation to enter more.

it's not just them but me and you have the opportunity to take even more at an opportune time like this to become an asset in the year to come when the bullish come and we're going to party together.
there is no other choice but to buy or invest more when the price is still cheap and don't let us fall behind like last year.
but need to be careful when you want to choose coins for investment choose the top 5 coins on coinmarketcap

When the market is bearish, the price of coins tends to fall and we need to take advantage of that to buy coins,
However, we still need to do some research before buying.
Coinmarketcap can be a good reference and the top coins I think are always the safer choice

but keep in mind that the top coinmarketcap for several periods always changes. I mean a few years the top 10 coinmarketcap is replaced by new coins or old coins which have higher utility and strong fundamentals. so we have to be really careful about investing in altcoins for the long term.
a long-term investment alternative that can be a recommendation for bitcoin as the first asset and ethereum as the second asset as an altcoin.

but remember I'm not recommending about finances or profits. for the rest do your own research.

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Quote from: Bazzu on September 30, 2022, 08:25:16 PM

Quote from: inanilujimi on May 24, 2022, 07:40:52 AM

Every investment in any market has its own risks. what's more, investing in crypto, especially altcoins whose value is pegged on demand, if the demand is greater, the value will be higher and vice versa.
Altcoin are indeed high-risk investments from the start so don't put all your funds in just one altcoin, try to have a lot because we don't know even though the bear market will have altcoins pumped up every day, who knows it is one of the altcoin you have.

yes it is true that investing in altcoins is very high risk because it is different from bitcoin, so most people suggest investing in bitcoin, but it is possible as long as not all the money is put in altcoins, so basically only a small part of the money you have, and also if invest in altcoins, must choose a quality altcoin.

As investors, of course we must understand that the higher the profit, the risk is also high, most Cryptocurrencies investors hope that the opposite is high, high risk, when they see the red market facts, they panicked and immediately sell in loss conditions.

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Self precaution should be taken care of before investing in altcoin most especially Luna, the period we are though is a time to buy and hold but should know the sets of altcoin to buy at the bear time we easily detects such altcoin and most of them went down drastically and never go up again most project fold up without any proper developments. So you can still buy Bitcoin and wait patiently for the market to recover fully.

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Quote from: bittick on October 03, 2022, 07:26:30 PM

linear with the fact that alts could give you massive returns of course it's risky investments because otherwise if it's just massive returns and low risk everyone would've try investing in this coin, moreover the risk could be managed cleverly by investing only the money that you could afford to lose, since alts in general usually are just short living unlike the coin with billions market capitalization that usually are long lasting.

Investing in anything basically there is always a risk and it all depends on how we manage that risk,
maybe investing in a top altcoin like Ethereum or BNB would be a good choice,
the two coins are unquestionable and very suitable for long-term investment

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Quote from: bittick on October 03, 2022, 07:26:30 PM

linear with the fact that alts could give you massive returns of course it's risky investments because otherwise if it's just massive returns and low risk everyone would've try investing in this coin, moreover the risk could be managed cleverly by investing only the money that you could afford to lose, since alts in general usually are just short living unlike the coin with billions market capitalization that usually are long lasting.

But also never forget that the more or eager you wanted to massive return is the more you will end losing , yeah there are so much promises from altcoins but we also knew the risk we are entering with those?
altcoins are one of the most and cannot be predicted currencies and the assurance is very tin compared to bitcoin.
but it is depend on your trust and capacity to risk.

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linear with the fact that alts could give you massive returns of course it's risky investments because otherwise if it's just massive returns and low risk everyone would've try investing in this coin, moreover the risk could be managed cleverly by investing only the money that you could afford to lose, since alts in general usually are just short living unlike the coin with billions market capitalization that usually are long lasting.

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You have to know that most altcoins are nothing but a Ponzi scheme since I have this understanding about altcoins and how volatile have hit them hard since 2017, a lot of investors have lost their money but then one will still blame them, with all the various altcoin battling to attract investors into buying their coins, one still needs to have the mindset of knowing the fact that you can lose all your money and any coin can go from 100 to 0 making it possible to recover from it. So altcoin market is just like Ponzi.

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Quote from: monineklutak on October 01, 2022, 02:19:16 PM

all investments are risky, we can't just talk that there is no risky investment.
Moreover, the world of cryptocurrencies is so risky that we are required to really be able to read everything,
and of course knowledge about trading, investing and even analyzing is also a must!.
if you don't invest in the world of cryptocurrencies you will really lose.

Indeed. No investment has no risk, it is something impossible to expect an investment with 100% safe. Especially in crypto, most of us must know that it is riskier than common investments. However, crypto investments offer higher opportunities to gain bigger profits. It is because the high volatility in crypto prices, the price change is very massive. So, even if crypto investments are riskier, we can have an opportunity to gain big profits here.

monineklutak

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all investments are risky, we can't just talk that there is no risky investment.
Moreover, the world of cryptocurrencies is so risky that we are required to really be able to read everything,
and of course knowledge about trading, investing and even analyzing is also a must!.
if you don't invest in the world of cryptocurrencies you will really lose.

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