Altcoin investments have become risky this day. - page 7.

sensimilia

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Quote from: Doell on May 24, 2022, 11:10:33 AM

I believe market will recover and be bullish again, but who knows when that time will come, surprises as usual. Invest is indeed full of risks, if you question trust high in an altcoin investment, I fully believe high in bitcoin more than any other altcoin. Luna scenario is the worst and it's very shocking.

Alt coins price will go up only if bitcoin price goes up with the change of time. However, investing in alt coins is as risky as it is profitable. The outcome of your investment depends on proper analysis. If the analysis is correct, you will benefit, otherwise you are more likely to lose.

wmaurik

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Quote from: RILWAN on June 30, 2022, 04:07:03 PM

Let's make a point clear here altcoin market is full of so many scams, and this has continued to exist as long as the market remains. Take luna for example after the market crash the coin has found it difficult to sustain a balanced market, this has caused losses to so many investors so I will not take altcoin investment seriously during this bear period.

It wouldn't look fair if you just took an example to judge all altcoins to be bad because this only exists with Luna even though others can also be like Luna, but as long as other altcoins can survive and continue to provide excellent service, then that not worthy to be equated with Luna or judged like Luna at this time.

nurilham

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Quote from: Isay on June 30, 2022, 08:18:31 AM

You are partly right and the crypto market is in stagnation and many crypto projects do not find the proper investments, as they all work on the old system -snip-

So what is your suggestion?
Nothing wrong with crypto market, it never becomes stagnations, it always changes.
Crypto project can't find proper investments? Do mean proper investors? Huh

Considering the current situation, it is normal that not many investors brave to invest in altcoins. Crypto market is in the bearish season. Most of us feel afraid to invest in any crypto coin, especially in altcoins.

Anyway, what do you mean by the old system?
I don't think crypto system is an old one, it is still a new thing.

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Quote from: RILWAN on June 30, 2022, 04:07:03 PM

Let's make a point clear here altcoin market is full of so many scams, and this has continued to exist as long as the market remains. Take luna for example after the market crash the coin has found it difficult to sustain a balanced market, this has caused losses to so many investors so I will not take altcoin investment seriously during this bear period.

Luna incident is a perfect example for crypto investors who invest in altcoin must be prepared for any situation. Even many investors have lost their money due to not selling their luna coin even after being in profit.

Every day new projects are coming in the crypto market, a large part of which come to scam investors. So in the current bear market situation, investors should wait patiently to buy the right coins which will be effective in the next bull market.

RILWAN

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Let's make a point clear here altcoin market is full of so many scams, and this has continued to exist as long as the market remains. Take luna for example after the market crash the coin has found it difficult to sustain a balanced market, this has caused losses to so many investors so I will not take altcoin investment seriously during this bear period.

Isay

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Quote from: HELLOFF on June 29, 2022, 11:47:53 PM

In any case, investors who have long-term investments will not be worried about the current situation in the cryptocurrency market. cryptocurrencies will in any case return to the level of the end of 2021 and will continue to rise. And today's period is one of the best chances for those who want to invest their capital in cryptocurrencies. At the same time, it is necessary to choose quite promising projects that will be in demand in society, and not just assets that are leaders in the cryptocurrency market. First of all, I pay attention to projects that connect the cryptocurrency market with the banking sector, such as Africunia, and therefore I would suggest looking at the cryptocurrency market more optimistically and with specific goals.

You are partly right and the crypto market is in stagnation and many crypto projects do not find the proper investments, as they all work on the old system, predstagaya the same without functionality and any bank support and such bank projects as Africunia now become very popular and only gaining momentum, large investors will invest in such projects and not in standard ones.

$anounimus$

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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

Probably not. In my opinion, wishing for a price crash does not do one any good, and most likely only serves to aggravate one's beliefs. accept losses in order to gain more profits, that's the rule of investment but the question is how much risk can you tolerate?

It would be far better to sit tight and watch, or even buy if things get bad enough. The worst-case scenario is to only lose money if you make the wrong choice of investing in altcoins, even though bitcoin is currently not stable and running well.

rahmad2nd

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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?

there is nothing without risk in crypto investing, you are right the luna incident made many crypto investors think twice after a severe crash but it is not a measure of the overall decline of the market. and that doesn't mean that current investments can't be trusted anymore. I think there are some altcoins that are worth investing in even though the market situation is difficult to predict, I even included some altcoins in my buying list later.

HELLOFF

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Quote from: ningrum on June 29, 2022, 06:39:51 AM

It seems that the possibility will still go down but of course we need to determine the maximum target price to be purchased,
currently the price of Bitcoin is at $ 20k and it has been a few days the price has been there,
the most important thing is to continue to follow developments and always take advantage of the opportunities that exist to make a profit

In any case, investors who have long-term investments will not be worried about the current situation in the cryptocurrency market. cryptocurrencies will in any case return to the level of the end of 2021 and will continue to rise. And today's period is one of the best chances for those who want to invest their capital in cryptocurrencies. At the same time, it is necessary to choose quite promising projects that will be in demand in society, and not just assets that are leaders in the cryptocurrency market. First of all, I pay attention to projects that connect the cryptocurrency market with the banking sector, such as Africunia, and therefore I would suggest looking at the cryptocurrency market more optimistically and with specific goals.

ningrum

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Quote from: TheClownSong on June 27, 2022, 05:30:54 PM

Quote from: globalpain on June 26, 2022, 09:10:14 PM

Quote from: ?? on ??

Don't get caught by Hype on altcoins especially when everything is red colored by downtrend. Wait for the next recovery phase and invest in right time on the promising projects. Currently BTC dominance going up, so don't worry about altcoins, wait for the green market conditions before investing, IMO.

That's true but if you want to invest in top coins like Bitcoin, Ethereum, or BNB I don't think we need to wait for green market conditions,
because the three coins are coins that have strong fundamentals and there is no need to doubt it,
this is the right time to invest and after that keep holding on until the market recovers

we should wait better price before start buying altcoin no matter that bitcoin ethereum or bnb. for long term actually current price cheap enough , but i still see bitcoin and altcoin still have possibility to down one more time. more littlye patience and we will get best price for those coins. we are still face alot negative fud in market that spread by whales now , they want buy or bitcoin cheaply.

It seems that the possibility will still go down but of course we need to determine the maximum target price to be purchased,
currently the price of Bitcoin is at $ 20k and it has been a few days the price has been there,
the most important thing is to continue to follow developments and always take advantage of the opportunities that exist to make a profit

SirLancelot

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Quote from: globalpain on June 26, 2022, 09:10:14 PM

Quote from: ?? on ??

Don't get caught by Hype on altcoins especially when everything is red colored by downtrend. Wait for the next recovery phase and invest in right time on the promising projects. Currently BTC dominance going up, so don't worry about altcoins, wait for the green market conditions before investing, IMO.

That's true but if you want to invest in top coins like Bitcoin, Ethereum, or BNB I don't think we need to wait for green market conditions,
because the three coins are coins that have strong fundamentals and there is no need to doubt it,
this is the right time to invest and after that keep holding on until the market recovers

Buying during green is the worst approach ever. You do not invest during green markets, I mean you could and there is a chance you could profit, but the real place where you should invest in those big coins is when there is a drop, because that is when you will buy from the bottom and how you could make a profit.

The idea has always been bought low and sell high, if you end up buying when it is going up then you are going to leave money at the table. Buying right now would be a lot better approach then buying when it is in the green markets. These three are the biggest and there is a very little doubt that they would recover, so get in right now and make the most out of it.

Davian144

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Quote from: Desscount on June 27, 2022, 10:47:05 AM

all altcoin prices always follow Bitcoin, this is why many people and traders advise to be careful with Altcoins,
because if Bitcoin falls, the altcoins will fall even more, this has been a tradition for a long time,
so we have to keep that in mind, so that we can avoid that,
of course there are some strategies that we must learn first when trading.

Now with conditions like today, try to describe what specific strategies must be learned and are indeed suitable for trading. Maybe there are newbies who want to try trading at this time so they can also try it when they want to trade for now. Because if the general strategy is to buy at a low price and sell when the price is high and that is a very common thing to do.

TheClownSong

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Quote from: globalpain on June 26, 2022, 09:10:14 PM

Quote from: ?? on ??

Don't get caught by Hype on altcoins especially when everything is red colored by downtrend. Wait for the next recovery phase and invest in right time on the promising projects. Currently BTC dominance going up, so don't worry about altcoins, wait for the green market conditions before investing, IMO.

That's true but if you want to invest in top coins like Bitcoin, Ethereum, or BNB I don't think we need to wait for green market conditions,
because the three coins are coins that have strong fundamentals and there is no need to doubt it,
this is the right time to invest and after that keep holding on until the market recovers

we should wait better price before start buying altcoin no matter that bitcoin ethereum or bnb. for long term actually current price cheap enough , but i still see bitcoin and altcoin still have possibility to down one more time. more littlye patience and we will get best price for those coins. we are still face alot negative fud in market that spread by whales now , they want buy or bitcoin cheaply.

Desscount

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all altcoin prices always follow Bitcoin, this is why many people and traders advise to be careful with Altcoins,
because if Bitcoin falls, the altcoins will fall even more, this has been a tradition for a long time,
so we have to keep that in mind, so that we can avoid that,
of course there are some strategies that we must learn first when trading.

globalpain

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Quote from: ?? on ??

Don't get caught by Hype on altcoins especially when everything is red colored by downtrend. Wait for the next recovery phase and invest in right time on the promising projects. Currently BTC dominance going up, so don't worry about altcoins, wait for the green market conditions before investing, IMO.

That's true but if you want to invest in top coins like Bitcoin, Ethereum, or BNB I don't think we need to wait for green market conditions,
because the three coins are coins that have strong fundamentals and there is no need to doubt it,
this is the right time to invest and after that keep holding on until the market recovers

ForMeritt

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Quote from: Rupok on June 19, 2022, 10:41:12 AM

If anyone wants to invest huge amount then I suggest you trade bitcoin and etherium or bnb.Cryptocurrency makes people rich just as easily as it makes them poor. Cryptocurrency requires experience.Many people invest huge sums of money in greed. Many of them benefit and many of them lose.There is a huge amount of Altacoin in the current market. One of them was scammed by Altcoin.Altcoin is a high-risk investment from the start as we have seen the luna coin crush.Many investors have suffered losses.So don't just put all your funds in one altcoin.

This is what is said, don't rush and don't ever think that investing is the only way to get rich quick, actually it's not that the concept is very precise is what you say, this Cryptocurrency really needs experience and the right timing.

cvasy

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Quote from: globalpain on June 25, 2022, 04:31:55 AM

It's really a shame if you don't buy altcoins today, don't be afraid to see the Altcoin chart that has suffered great dump,
because it's all about time, especially now that altcoins are still very cheap, why be afraid?
this can give you a good chance to gain up to 100x profit on altcoins, so buy and don't be afraid

Fear of something is something that is very difficult to get rid of for some people so that whoever forces them to buy, there will still be a first consideration even though the timing is very right, because it talks about experience and risks that they must understand if the profit target does not come.

globalpain

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Quote from: Dessy88 on June 24, 2022, 11:33:44 AM

Yes investing risky for all altcoins now so you should stop. By the think if you have good skills in trading then Won't indeed investment in altcoin now even you can make profits everyday by start trading. I would like to giving this advice for start trading now but if you are a new in crypto then Don't take risk quickly for invest or trade. First of all you should take more knowledge about trading, crypto, invest then start your jaurny.

It's really a shame if you don't buy altcoins today, don't be afraid to see the Altcoin chart that has suffered great dump,
because it's all about time, especially now that altcoins are still very cheap, why be afraid?
this can give you a good chance to gain up to 100x profit on altcoins, so buy and don't be afraid

lixer

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Quote from: MCobian on June 20, 2022, 06:53:08 PM

It is indeed the best step to take when a bear market like now, collects coins that we consider potential, so when the market recovers we can generate very large profits. But the reality is that it is very difficult for us to do that, because there must be a fear factor the crypto market will fall even deeper, so it's not easy to buy coins during a bear market. It takes knowledge and good analytical skills to be able to do it.

What do you mean by "there must be a fear factor"? If you are feeling fearless right now, why will you still look for it when it's not going to benefit you in the first place but it will only make you discourage investing or it will encourage you to sell and leave this market because you are experiencing a fear.

It's actually very easy to buy coins in times like this since the prices of most coins are cheap but usually when the market condition is healthy, the only cheap coins that you will see are those who have a poor quality. Investing in older coins or top coins, does not need analysis but analysis are only needed if you are investing on newly released coins.

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Quote from: MFahad on June 21, 2022, 12:48:02 PM

Time will tell but I'm still buying a little EVERY time I have spare money, and once invested I mentally write that amout off.
If in many years it's either still there or massively grown it will be down to destiny.......but I'm very confident that I'll be pleased.

Motivation, self-confidence and including this belief are very important in investing, of course, the idea of investing is a good idea, and if you want to invest, try to do it as much as possible as you can, this is to get a profit that will really satisfy you with profit from the investment.

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