Topic: Altcoin investments have become risky this day. - page 9. (Read 3171 times)
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.
When the influence is concentrated on BTC, altcoins are always more at risk in a bear market. And this has actually happened, having seen many or more trends fail with the hype surrounding them. I don't think now there will be a lot of people investing and joining the whales and sharks to pull off a recovery again. The current situation is also very bad as a number of large projects have failed recently, which has brought a more negative view of this market.
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?
Only altcoins that have strong fundamentals and have gained high popularity such as ETH and BNB which I believe can recover when the trend of Bitcoin prices have returned to their peak prices, because after I suffered losses due to the collapse of the Luna coin price, I concluded that the coin that growing based on hype can't promise if they can provide better returns for us in the long term even though the coin is already included in the top 10 altcoins like Luna coin. 
It's common practice that cryptocurrencies are a quick way to get rich, with $100k or less capital you can start a project that pumps a week or a month and makes the value skyrocket up to 10x then they sell all the stock and leave and start another new project. this is what makes the reputation of cryptocurrencies increasingly difficult for many people to accept.
I don't pay too much attention to low quality products that are simply created and praised by a team of scammers to take money from ignorant and greedy people. That's only a small part of the big problem that's happening. When hype trends don't appeal, no one makes games like that anymore. Demand and supply meet the interrelationships taking place in this space that both promote and leave negative problems in this market. today in my opinion is not a risky day to buy some altcoins,
if you can read the technical analysis of course this is a good opportunity,
because altcoins are already at the bottom because Bitcoin has also dropped to $18k,
and I'm sure Bitcoin is also at the bottom, So why be afraid to buy altcoins?
Because of this long-term investment view of this market, I don't feel rushed or expect quick returns. 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. if you can read the technical analysis of course this is a good opportunity,
because altcoins are already at the bottom because Bitcoin has also dropped to $18k,
and I'm sure Bitcoin is also at the bottom, So why be afraid to buy altcoins?
It's common practice that cryptocurrencies are a quick way to get rich, with $100k or less capital you can start a project that pumps a week or a month and makes the value skyrocket up to 10x then they sell all the stock and leave and start another new project. this is what makes the reputation of cryptocurrencies increasingly difficult for many people to accept.
If you think cryptocurrency is a quick way to get rich, then it is possible that cryptocurrency can also be a quick way to become poor when someone starts buying any cryptocurrency product at a high price and now he has felt a decrease in the value of his lost assets so that he becomes poor in a matter of seconds. weeks as well as months. Because in cryptocurrencies, the benefits and risks are always more balanced.Having crypto as a shortcut to getting rich is actually the wrong mindset. You should know that there are risks that you have to take before getting the profit that you want and not all cryptocurrencies could provide you the profit that you expect. Your profit will still depend on the potential of the coin that you're going to buy. Also, there's no guarantee that your investment will always succeed so don't expect too much because some coins fail.
With most of the investors the blame will be over the cryptocurrency and not over them. Just with an improper understanding gets into the market, and finds hard to accept the reality.
and seeing the current conditions maybe this is the right time to buy Bitcoin and invest it in the long term,
Before starting to invest, it is very important to learn and understand it
today in my opinion is not a risky day to buy some altcoins,
if you can read the technical analysis of course this is a good opportunity,
because altcoins are already at the bottom because Bitcoin has also dropped to $18k,
and I'm sure Bitcoin is also at the bottom, So why be afraid to buy altcoins?
if you can read the technical analysis of course this is a good opportunity,
because altcoins are already at the bottom because Bitcoin has also dropped to $18k,
and I'm sure Bitcoin is also at the bottom, So why be afraid to buy altcoins?
It's common practice that cryptocurrencies are a quick way to get rich, with $100k or less capital you can start a project that pumps a week or a month and makes the value skyrocket up to 10x then they sell all the stock and leave and start another new project. this is what makes the reputation of cryptocurrencies increasingly difficult for many people to accept.
If you think cryptocurrency is a quick way to get rich, then it is possible that cryptocurrency can also be a quick way to become poor when someone starts buying any cryptocurrency product at a high price and now he has felt a decrease in the value of his lost assets so that he becomes poor in a matter of seconds. weeks as well as months. Because in cryptocurrencies, the benefits and risks are always more balanced.Having crypto as a shortcut to getting rich is actually the wrong mindset. You should know that there are risks that you have to take before getting the profit that you want and not all cryptocurrencies could provide you the profit that you expect. Your profit will still depend on the potential of the coin that you're going to buy. Also, there's no guarantee that your investment will always succeed so don't expect too much because some coins fail.
With most of the investors the blame will be over the cryptocurrency and not over them. Just with an improper understanding gets into the market, and finds hard to accept the reality.
It's common practice that cryptocurrencies are a quick way to get rich, with $100k or less capital you can start a project that pumps a week or a month and makes the value skyrocket up to 10x then they sell all the stock and leave and start another new project. this is what makes the reputation of cryptocurrencies increasingly difficult for many people to accept.
If you think cryptocurrency is a quick way to get rich, then it is possible that cryptocurrency can also be a quick way to become poor when someone starts buying any cryptocurrency product at a high price and now he has felt a decrease in the value of his lost assets so that he becomes poor in a matter of seconds. weeks as well as months. Because in cryptocurrencies, the benefits and risks are always more balanced.Having crypto as a shortcut to getting rich is actually the wrong mindset. You should know that there are risks that you have to take before getting the profit that you want and not all cryptocurrencies could provide you the profit that you expect. Your profit will still depend on the potential of the coin that you're going to buy. Also, there's no guarantee that your investment will always succeed so don't expect too much because some coins fail.
It's common practice that cryptocurrencies are a quick way to get rich, with $100k or less capital you can start a project that pumps a week or a month and makes the value skyrocket up to 10x then they sell all the stock and leave and start another new project. this is what makes the reputation of cryptocurrencies increasingly difficult for many people to accept.
If you think cryptocurrency is a quick way to get rich, then it is possible that cryptocurrency can also be a quick way to become poor when someone starts buying any cryptocurrency product at a high price and now he has felt a decrease in the value of his lost assets so that he becomes poor in a matter of seconds. weeks as well as months. Because in cryptocurrencies, the benefits and risks are always more balanced.to be rich or poor it all depends on ourselves in managing either trading or investing in crypto,
like buying coins at the highest price of course it's not the right decision
Everyone certainly understands the decentralized system, the price is never predictable and it all depends on the market, cryptocurrencies are used a lot of speculators for big profits and in a short time, this is different from forex or shares that are not too fluctuating, I have traded on forex and after a month Not yet filled even though I just wanted to profit 3%, but in Cryptocurrencies I have sold with a profit of 15% and sold only 4 days.
It's common practice that cryptocurrencies are a quick way to get rich, with $100k or less capital you can start a project that pumps a week or a month and makes the value skyrocket up to 10x then they sell all the stock and leave and start another new project. this is what makes the reputation of cryptocurrencies increasingly difficult for many people to accept.
If you think cryptocurrency is a quick way to get rich, then it is possible that cryptocurrency can also be a quick way to become poor when someone starts buying any cryptocurrency product at a high price and now he has felt a decrease in the value of his lost assets so that he becomes poor in a matter of seconds. weeks as well as months. Because in cryptocurrencies, the benefits and risks are always more balanced. 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?
Some problems will happen during a bear market, as was the case with Luna, and I'm sure it won't be the last. There will be many investment funds or different projects that will encounter the same situation. The inflated bubbles will gradually burst and burst empty. I think it's not just for altcoins that BTC currently has a deeper bearish signal towards the levels we refer to as support.It's common practice that cryptocurrencies are a quick way to get rich, with $100k or less capital you can start a project that pumps a week or a month and makes the value skyrocket up to 10x then they sell all the stock and leave and start another new project. this is what makes the reputation of cryptocurrencies increasingly difficult for many people to accept.
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?
Some problems will happen during a bear market, as was the case with Luna, and I'm sure it won't be the last. There will be many investment funds or different projects that will encounter the same situation. The inflated bubbles will gradually burst and burst empty. I think it's not just for altcoins that BTC currently has a deeper bearish signal towards the levels we refer to as support. 
Yes, keeps adding Bitcoin aside from altcoins because this is the safest and most profitable in long term investments and we should learn to wait and support legit coins than those Pump and dump project that will surely make you hit the ground if did not take the chance selling in hyping season .
Do you mean only focus on buying Bitcoin? I don't think we need to ignore altcoins, altcoins also have a good potential profit. But we must be careful to choosing altcoins to buy. Don't buy altcoins that have no clear fundamentals, especially those new altcoins. It is better to buy top altcoins that seem to have a good future and are supported by most crypto users. We can analyze the volume of its transactions on exchanges to know how well people support those altcoins.We are not going to ignore altcoins but let's allocate a large amount to bitcoin and only invest in altcoins with sufficient amount. There are many potential altcoins that can give very good returns, sometimes the return is bigger than what bitcoin gives us but the risk is also huge because most will only increase when bitcoin goes up, all depends on bitcoin. Totally agree you don't risk new altcoins, just focus on top altcoins, big enough altcoins.
i am believe invalidation on support will happen soon, we are in good level to accumulate our portofolio now. we are in bearish trend for more than 11 weeks and believe it would not last foreover and end immediately. alot altcoins now in their monthly support , bounce will happen soon when bitcoin reach it climax selling.
I'm not sure if it'll happen anytime soon, but I feel like those who have just started investing since the beginning of this year are suffering huge losses. And perhaps now or while waiting for more upcoming signals, it is necessary to build a long-term plan for the future. While it's not a loss, I'm trying to allocate assets so I can DCA with BTC as well as some of the top altcoins. Personally, I don't feel like there's much momentum in the market right now. Perhaps this bleak period will last longer. 
i am believe invalidation on support will happen soon, we are in good level to accumulate our portofolio now. we are in bearish trend for more than 11 weeks and believe it would not last foreover and end immediately. alot altcoins now in their monthly support , bounce will happen soon when bitcoin reach it climax selling.
When do you think bitcoin can reach its selling climax? so that a bounce could happen soon because I see this bearish trend level is still continuing and the possibility will be a little longer than the previous one, so I need to know when a bounce can occur in the market? because for now I never thought about it. Yeh it's absolutely right that investment in altcoins is becoming risky and risky because most of the altcoins has break their strong ever support which mean that all those trader who believe that these coins will not break their strong support and they take entry now all of they are in loss. I personally invest in sushi at their strong support but now it broke and this put me in great loss. So take entry in altcoins before too much research.
i am believe invalidation on support will happen soon, we are in good level to accumulate our portofolio now. we are in bearish trend for more than 11 weeks and believe it would not last foreover and end immediately. alot altcoins now in their monthly support , bounce will happen soon when bitcoin reach it climax selling. 
Yeh it's absolutely right that investment in altcoins is becoming risky and risky because most of the altcoins has break their strong ever support which mean that all those trader who believe that these coins will not break their strong support and they take entry now all of they are in loss. I personally invest in sushi at their strong support but now it broke and this put me in great loss. So take entry in altcoins before too much research.
Never rush yourself on earning money or making profitable trades or investment because that not how it works because once reality do able to face up then you would realize that this isnt something
sticking with that buy low sell high kind of thingy which you do really believe that it was really just too easy to be done but once you do put your foot into the market and once you do realize it for yourself
then you would be finding it to be tough and challengin.Now that the market is on a great decline then this is where emotions do get involved on where you would need to decide
neither you would buy or wait up even further.
Never rushing is so important that, even if you make a huge amount of profit, you should reinvest all of that back to crypto, can you do that? Doesn't mean you have to, if you think it will go down then getting out makes sense, it is about "being able to".sticking with that buy low sell high kind of thingy which you do really believe that it was really just too easy to be done but once you do put your foot into the market and once you do realize it for yourself
then you would be finding it to be tough and challengin.Now that the market is on a great decline then this is where emotions do get involved on where you would need to decide
neither you would buy or wait up even further.
So, let's say you once invested 1k into bitcoin, not a lot of money, but it became 100k one day, would you be able to not cash that out? If you can do that then you are doing the right thing. This is why I love bitcoin, it teaches people patience like zen masters, you do not have to go to Himalayas or whatever and learn to be a monk, if you can see your profits rise or drop and still do not act, that's fine.
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