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Topic: Altcoin investments have become risky this day. - page 5. (Read 3171 times)

sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
Altcoin investment is risky for users who go on for random pick. Even with such kind of investment people get lucky, but it is a limited time. Very few will be able to benefit as the success comes out of low cap and low trading volume coins. Everyone started to think of making huge profits within a day. When going for cryptocurrency investment, the focus needs to be long term and should invest on assets that are in the lead.

Even on such occasions some cryptocurrency fails, and this is completely exceptional. Whether it is cryptocurrency or some other form of investment, surely risk is there. It is upto us, how we move forward with profit.
newbie
Activity: 15
Merit: 0
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?
POINT Point Network will rock this season
full member
Activity: 1470
Merit: 103
COMBO 2.0
Alts usually takes more hits when BTC goes down so unless you plan to hold long term I will suggest sellling on the way up and then maybe buying during dumps But alts can give you the most gains coz of low liquidity and lower mktcap Some alts during a pump do 100% so its a win
member
Activity: 868
Merit: 12
Being in a downtrend would never discourage me from investing as it happens to be the best time to invest. Everything has its season, there's always bad and good in all investments, this is why it's advisable to "Always invest with what one can afford to lose". And if talking of altcoin, it's better to go for the top altcoins to avoid story that touches.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
today I can say that altcoins have very little risk, because if you enter the current altcoin with a large capital,
I am sure you will enjoy 2x or even 10x profit, because altcoins are really at the bottom, if you know the technical analysis you will understand.
So far I think most of the Altcoins have a higher risk than Bitcoin, Maybe there are some Altcoins whose price is down but not as deep as Bitcoin's price decline like BNB, But it's very little.
BTC $68,000 >> $21,500
BNB $680 >> $290
But most of the Altcoins have dropped in price more deeply than Bitcoin's decline.
Harmony $0.37 >> $0.022
Dogecoin $0.73 >> $0.069
Solana $260 >> $36
In addition, Altcoins also have a risk of fraud, and various other problems that can occur such as the LUNA incident.
Higher reward=higher risk
The formula is simple as that, you have to invest in gem altcoins for minimizing possible risks as mentioned on the thread, and maximize the potential ROI.
The downtrend is more catastrophic for altcoins because of whales selling alts to reinvest in top cryptocurencies.
Anyways, the only way to be profitable in bear market season is to have open short orders on both altcoins and top coins on the CMC list.
sr. member
Activity: 1106
Merit: 391
discussing the risks of investing in altcoins today, it seems that in real life we have encountered many big risks. we can't avoid risk when investing in altcoins, all we can do is minimize that risk to a minimum so that it doesn't happen to us.
full member
Activity: 1316
Merit: 105
today I can say that altcoins have very little risk, because if you enter the current altcoin with a large capital,
I am sure you will enjoy 2x or even 10x profit, because altcoins are really at the bottom, if you know the technical analysis you will understand.
So far I think most of the Altcoins have a higher risk than Bitcoin, Maybe there are some Altcoins whose price is down but not as deep as Bitcoin's price decline like BNB, But it's very little.
BTC $68,000 >> $21,500
BNB $680 >> $290
But most of the Altcoins have dropped in price more deeply than Bitcoin's decline.
Harmony $0.37 >> $0.022
Dogecoin $0.73 >> $0.069
Solana $260 >> $36
In addition, Altcoins also have a risk of fraud, and various other problems that can occur such as the LUNA incident.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
yeah it's risky but! with projects like VRJAM it's not, check them out and you'll see what I'm talking about

the truth is that investing in altcoins is a big risk, especially if we are talking about these new projects, these new projects still have to convince investors, they still need to work hard to compete with the projects already established in the market, this is not a easy task, that's why I consider investing in new projects something high risk

today I can say that altcoins have very little risk, because if you enter the current altcoin with a large capital,
I am sure you will enjoy 2x or even 10x profit, because altcoins are really at the bottom, if you know the technical analysis you will understand.

 Huh

Let's go to the concrete example, currently we have:

1 BTC = 21000$, ATH was over 66000$ (and 100% sure that in a few years the bitcoin price will reach this ATH once again), so someone buy bitcoin now I already guarantee 3X profit

1 LTC = 54$, ATH was over 370$ (and almost 100% sure that litcoin will not be able to even exceed 350$) so nothing guarantees that litecoin can reach 150$ again and make a profit than 3X people.

Do you know why this happens? while bitcoin has no competitor and already has an established market, altcoins have many competitors and have no established market, this makes new investors discard old projects and stay in new projects, and then when something new appears they discard old things again
full member
Activity: 1610
Merit: 103
The OGz Club
today I can say that altcoins have very little risk, because if you enter the current altcoin with a large capital,
I am sure you will enjoy 2x or even 10x profit, because altcoins are really at the bottom, if you know the technical analysis you will understand.
newbie
Activity: 52
Merit: 0
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?
New projects are 100% with paying attention to, vrjam looks solid to me, long term investment
And VR is a great topic  to talk about
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
well, I still believe in that, even more so for popular altcoins. You should have known from the start that investing in crypto was risky. so many people have said this, over and over again. however, due to the high volatility, even when the bear market arrived, still quite a lot of people benefited from it, even very many people who got rich with it.
however, perhaps this recent drastic drop has left enough people who are unprepared for the risk of actually becoming depressed. however, in the business world, we have to be ready with it, and try to bounce back. even with the downturn, there are still quite a lot of people who are enthusiastic about altcoins, it proves that it is still worth considering as a place to invest, even with high volatility.
member
Activity: 470
Merit: 61
In my opinion, investing in altcoins is very high risk. especially if we can't choose quality altcoins because I've also experienced big losses, due to not being able to choose altcoins, which is good. so the point is that investing in altcoins is fine as long as we have to be good at choosing quality altcoins and in my opinion we have to buy altcoins from rank 20 and below. but if I personally now prefer to invest in bitcoin only.
newbie
Activity: 66
Merit: 0
yeah it's risky but! with projects like VRJAM it's not, check them out and you'll see what I'm talking about
sr. member
Activity: 1484
Merit: 447
The cryptomarket follow the movements of bitcoin. As a result whenever there is decline in the market of bitcoin the same can be experienced over altcoins. At times the investment from gold were moved towards altcoins.
But sometimes altcoins don't always follow the trend on Bitcoin. Sometimes an altcoin can increase if there is good news on the project progress/project development. Or sometimes there is a pump because of the manipulation by the whales. However, it is true that commonly the prices of altcoins will follow the price of Bitcoin. So, it will be better to buy altcoins when there is good news related to crypto market and Bitcoin. But if it is too much bad news on Bitcoin and crypto market condition, just stop temporarily for buying altcoins.

legendary
Activity: 2688
Merit: 1106
DGbet.fun - Crypto Sportsbook
this day altcoins have indeed experienced a terrible decline for several months,
if you calculate it is more than -80%, some even more than -90%, of course it's terrible right?,
but don't worry if you just want to invest now in dialtcoin, because this is a a very good opportunity for you to gain a lot of profit.
The cryptomarket follow the movements of bitcoin. As a result whenever there is decline in the market of bitcoin the same can be experienced over altcoins. At times the investment from gold were moved towards altcoins. This happened few weeks back, and there is good progress with few of the top altcoins. Later once again the altcoin market started to move in a mutual way along with bitcoin. It is always adviced to buy leading altcoins that could go high when the price of bitcoin reaches high.

You've mentioned about an altcoin dialtcoin. I've never heard of such a coin and the same isn't available in any of the market. So don't promote some unpopular coins.
sr. member
Activity: 2618
Merit: 439
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?


Aside from bitcoin, all other investments are always risky no matter what state the market is in. Few altcoins have a practical application like bitcoin, altcoin projects are created with the main purpose of creating hype, pumping and dumping.
so we can invest in altcoins but treat it as speculation and know when to stop when possible.
if you are talking about investments then you must understand that you are also talking about risk , yeah there are some investment that we have deep understanding and knowledge so the amount of risk is smaller but still there is a risk because we cannot see the future and this will only depend in the support of the community and how you will be seeing the outcome in the coming days.

this day altcoins have indeed experienced a terrible decline for several months,
if you calculate it is more than -80%, some even more than -90%, of course it's terrible right?,
but don't worry if you just want to invest now in dialtcoin, because this is a a very good opportunity for you to gain a lot of profit.
Wait , more than 80% losses for altcoins? can you specified which altcoin has that  lowering value ? because what I do believe is that at least 50-70% but more than 80% is just a few of them.
full member
Activity: 1048
Merit: 102
this day altcoins have indeed experienced a terrible decline for several months,
if you calculate it is more than -80%, some even more than -90%, of course it's terrible right?,
but don't worry if you just want to invest now in dialtcoin, because this is a a very good opportunity for you to gain a lot of profit.
sr. member
Activity: 1344
Merit: 288
Cryptocurrency generally itself is risky that's why the slogan of always invest what you can afford to lose is always been told before investing, altcoins on reputable exchange are less risky because their chances of rugging is low unlike altcoins on dex, which has high chances of getting rugged, the only way altcoins on reputable exchanges are much risky is when you intend to leverage them probably with high leverage, you might loose it all if you don't get the right set up before entering the trade
full member
Activity: 252
Merit: 100
I think all investments have risks, both small and large, but I think we can overcome all of that by doing analysis and not putting our funds into just one investment, including crypto which has very fast price fluctuations
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
Altcoin investment has been risky ever since.  With lots of scam projects appearing everywhere, it is hard to differentiate potential projects from the shit projects and scam projects.  Since these two latter project mimics the potential project or even conducts a better project presentation.  Aside from that, lots of copycat projects are being created every day just to take advantage of the current trend.  So if we are not careful and did not do our own research, we might end up investing in these risky/scammy projects.
Every Investment have got risks associated with it. Altcoins have a higher risk rate, because of various past incidents. Even the trusted altcoin could fall down, and Luna is one recent example. Apart from that we've got more number of projects that emerge without any usage, but the hype will be at the peak. As said, we need to be careful and make decisions. Also going on the leading altcoins will lower the risk, but new projects at times give big returns. In altcoin investment luck too have got its role. So, it is good to invest what you afford to lose on new projects.
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