Topic: Altcoin investments have become risky this day. - page 8. (Read 3171 times)
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.
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.
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.
The crypto market is a fast changing market, so to work here you have to do research on the market all the time. The exception to this would be to face major losses. It is very difficult to say when the market will be. Understand the market conditions and trade with caution.
predicting where the market will move is not easy and we need to understand that
The crypto market is a fast changing market, so to work here you have to do research on the market all the time. The exception to this would be to face major losses. It is very difficult to say when the market will be. Understand the market conditions and trade with caution.
And by doing research often before making a decision, you will also gain experience and knowledge in terms of knowing how the current conditions are even though it is always very difficult to know how the market will move in the future. I agree with what you say because it is for the sake of understanding a loss that can come at any time. 
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.
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.
The crypto market is a fast changing market, so to work here you have to do research on the market all the time. The exception to this would be to face major losses. It is very difficult to say when the market will be. Understand the market conditions and trade with caution.
Top 10 altcoins are less risky IMO, but of course, we need to observe them carefully before making an investment. If you are familiar with TA, then use it to know the entry point, and if you wanted to check if it will do good in the future then do a fundamental analysis.
Not all top 10 altcoins are good to invest, I exclude stable coins (USDT, USDC, BUSD) and meme coins (Doge/SHIB) for my investment. Just choose those top altcoins with strong fundamentals such as ETH, BNB, ADA, SOL, or DOT. It is true that we must analyze their fundamental factors before deciding to buy them. Although they are top 10 altcoins, don't buy them if they look like having weak fundamentals or even having no fundamentals at all. Being included in the top 10 altcoins is not a guarantee of a safe investment.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.
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.
Investing now is still a nice idea and I hope our investment is not only going towards coins because they are cheap. Right now many cheap tokens are up in the market so to buy those cheap tokens takes alot of care and research. As it is going now, to invest in top coins from CMC is more realistic than buying for just the cheap price. Investment takes prudence and accuracy to avoid shit tokens.
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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.
Confidence is a very important motivation for yourself because it was born based on observation and research, so as long as you are very confident in investing and very sure to get pleasure, then do your job to the fullest so that when the profits can really come on a good investment you do, there is no regret that you will feel in the future. 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.
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.
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.
It is clear that people are not really investing with fundamentals in mind. They just think "I should make money right away!" and if the price goes down, they just leave because of fear of losing money and there is nothing in between for them. Reality is that we are in a market that goes up and down and it doesn't make you rich overnight or poor overnight, you just need to wait. If you buy and hold for many years, you will profit a lot and that is the goal.
If you get out after a few months just because it went low, then you didn't do the right thing and you shouldn't have invested to begin with. Hence why I keep suggesting newbies to use virtual trading first.
If you get out after a few months just because it went low, then you didn't do the right thing and you shouldn't have invested to begin with. Hence why I keep suggesting newbies to use virtual trading first.
Investing in SOL is very high risk right now. Have you researched the situation at SOLlend? The entire chain is about to implode. I think it's much safer to invest in new projects during this downturn. Projects that recently launched, like CNDL, won't have a lot of bagholders waiting to dump at the sign of any profit so that they can get out of the market, like you will see with other coins.
That is the whole reason why SOL will eventually crash by the looks of it. SOL literally allowed one guy to have so much money via lending that he could liquidate it right now if he wants to, and not only it will cause it to crash and go down in price, but it will also cause the network to get clogged, and it will not be movable for a while, probably going to get frozen again until fixed to get better.This type of stuff happens in sol a lot, it would be terrible if it goes on any longer. New stuff during bear market makes no sense to me as well, those are just good things on bad times, wait for the good times and even bad things go up.
Isn't one of the divine advice of investing coming from some billionaires in investing is to become greedy when everyone else is in fear against the bearish trend?
That kind of advice seems easy to follow but in reality it's really hard since accumulating in bearish is like catching a falling knives.
Same thing with the current condition, the bearish makes most of the altcoins volatile, but could become such a great chance of accumulation and maybe gonna make another millionaires in the future.
That kind of advice seems easy to follow but in reality it's really hard since accumulating in bearish is like catching a falling knives.
Same thing with the current condition, the bearish makes most of the altcoins volatile, but could become such a great chance of accumulation and maybe gonna make another millionaires in the future.
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. Because if
we have knowledge, we already understand how the crypto industry works, so we understand that the bear market is only temporary. That way
we are much more daring to buy coins during a bear market, then we must also be able to invest in the right coins, by having good research and
analysis skills, that way we can choose which coins are worth buying. Because if we choose the wrong coins for investment, our risk of experiencing
losses is much greater.
Isn't one of the divine advice of investing coming from some billionaires in investing is to become greedy when everyone else is in fear against the bearish trend?
That kind of advice seems easy to follow but in reality it's really hard since accumulating in bearish is like catching a falling knives.
Same thing with the current condition, the bearish makes most of the altcoins volatile, but could become such a great chance of accumulation and maybe gonna make another millionaires in the future.
That kind of advice seems easy to follow but in reality it's really hard since accumulating in bearish is like catching a falling knives.
Same thing with the current condition, the bearish makes most of the altcoins volatile, but could become such a great chance of accumulation and maybe gonna make another millionaires in the future.
traders will know that it's time to buy altcoins, because I'm a trader too, and at the moment I actually bought 3 altcoins,
the first one was Algorand, the second I bought Verasity and the third one I bought Nervos, please this is not Financial advice, still have to DYOR
Telling other people doesn't mean it's a suggestion because any information that is available should always be considered by everyone when reading it, because in general I also bought three coins at this time, only the name is very different from what you mentioned. Bitcoin, Solana, Polkadot that's what I believe now so I bought it even though it wasn't based on advice from anyone else.the first one was Algorand, the second I bought Verasity and the third one I bought Nervos, please this is not Financial advice, still have to DYOR
Altcoin investment was never been risk free since from the start on which it is really just normal on having that kind of behavior and movement which anyone could make out decisions something in related to this one.
traders will know that it's time to buy altcoins, because I'm a trader too, and at the moment I actually bought 3 altcoins,
the first one was Algorand, the second I bought Verasity and the third one I bought Nervos, please this is not Financial advice, still have to DYOR
Telling other people doesn't mean it's a suggestion because any information that is available should always be considered by everyone when reading it, because in general I also bought three coins at this time, only the name is very different from what you mentioned. Bitcoin, Solana, Polkadot that's what I believe now so I bought it even though it wasn't based on advice from anyone else.the first one was Algorand, the second I bought Verasity and the third one I bought Nervos, please this is not Financial advice, still have to DYOR
traders will know that it's time to buy altcoins, because I'm a trader too, and at the moment I actually bought 3 altcoins,
the first one was Algorand, the second I bought Verasity and the third one I bought Nervos, please this is not Financial advice, still have to DYOR
Telling other people doesn't mean it's a suggestion because any information that is available should always be considered by everyone when reading it, because in general I also bought three coins at this time, only the name is very different from what you mentioned. Bitcoin, Solana, Polkadot that's what I believe now so I bought it even though it wasn't based on advice from anyone else.the first one was Algorand, the second I bought Verasity and the third one I bought Nervos, please this is not Financial advice, still have to DYOR
traders will know that it's time to buy altcoins, because I'm a trader too, and at the moment I actually bought 3 altcoins,
the first one was Algorand, the second I bought Verasity and the third one I bought Nervos, please this is not Financial advice, still have to DYOR
Telling other people doesn't mean it's a suggestion because any information that is available should always be considered by everyone when reading it, because in general I also bought three coins at this time, only the name is very different from what you mentioned. Bitcoin, Solana, Polkadot that's what I believe now so I bought it even though it wasn't based on advice from anyone else. the first one was Algorand, the second I bought Verasity and the third one I bought Nervos, please this is not Financial advice, still have to DYOR
traders will know that it's time to buy altcoins, because I'm a trader too, and at the moment I actually bought 3 altcoins,
the first one was Algorand, the second I bought Verasity and the third one I bought Nervos, please this is not Financial advice, still have to DYOR
the first one was Algorand, the second I bought Verasity and the third one I bought Nervos, please this is not Financial advice, still have to DYOR
Maybe technical analysis is only relative in the period when, today, overuse of this tool also makes many people stuck with them. About the general situation of the market, I think not. It is too quick to buy them even though BTC is still volatile, so it will take some time to observe how the market will move to come up with a suitable plan.
I completely agree with you, I don't think too many analytical techniques should be overused. We all know technical analysis, sharks know it, and market markers know it. The market is unpredictable so don't trust everything it shows you. You should only buy when the price is right for you, and you should be responsible for your decision.
Maybe technical analysis is only relative in the period when, today, overuse of this tool also makes many people stuck with them.
Technical analysis is indeed used in a relative period of time. It isn't effective for a long-term speculation/prediction. If you want you can use fundamental analysis to check the long-term performance of certain altcoins.
About the general situation of the market, I think not. It is too quick to buy them even though BTC is still volatile, so it will take some time to observe how the market will move to come up with a suitable plan.
Top 10 altcoins are less risky IMO, but of course, we need to observe them carefully before making an investment. If you are familiar with TA, then use it to know the entry point, and if you wanted to check if it will do good in the future then do a fundamental analysis. And I suggest you do fundamentals first before using TA to check and see the entry point for trading.
Maybe technical analysis is only relative in the period when, today, overuse of this tool also makes many people stuck with them. About the general situation of the market, I think not. It is too quick to buy them even though BTC is still volatile, so it will take some time to observe how the market will move to come up with a suitable plan.
I completely agree with you, I don't think too many analytical techniques should be overused. We all know technical analysis, sharks know it, and market markers know it. The market is unpredictable so don't trust everything it shows you. You should only buy when the price is right for you, and you should be responsible for your decision.
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