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Topic: Altcoins released during market crash (Read 425 times)

sr. member
Activity: 1400
Merit: 251
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February 11, 2022, 07:23:34 AM
#61
Release when the market crashes, of course, is a loss, it is certain that there will be an automatic dump, but I think so far this is a real project and is supported by a professional team, so I will invest in the project, and the most important point is being able to pump or burn money to keep the price from falling.
All project teams do try to do very good things for their projects, but if the release is in inappropriate conditions, I think each team will also have to work hard to make the project stronger in the market later.
full member
Activity: 1344
Merit: 102
February 09, 2022, 08:32:07 AM
#60
It is rarely to find a good project that can still increasing while the market is crashing but you mentioned a project that increased 3 times which is not bad but I don't think if it can survive for long because that project is new.. This market crash I prefer to invest in the top coins because they are trusted and still can give you profits   so it is good to buy now.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 09, 2022, 04:36:15 AM
#59
the most relevant choice in my opinion is only the top coins. unsustainable projects are very dependent on them in dealing with the situation that occurs. from there a management team is needed in carrying out a project.
It is the safer and easier decision but also the most stress-tested and time-tested method. Investing in Bitcoin a few years back, in this current bearish trend which is being recovered, you are still in a profit and that is a number that even stock markets will not give you in the last 10years. No wonder wall street experts are covering cryptocurrencies and all its buzz in the recent days more than the niche crypto news sites.

The good thing for scammers is that even when there are people like us advising newbies to stay away from newly launched projects and hyped items, some newbies will always go for them thinking that we are trying to stop them from getting rich or part of a conspiracy - one needs to keep their mind clear of such things when trading, otherwise they will lose, just like any average trader.
full member
Activity: 1258
Merit: 104
February 06, 2022, 05:55:21 AM
#58
the most relevant choice in my opinion is only the top coins. unsustainable projects are very dependent on them in dealing with the situation that occurs. from there a management team is needed in carrying out a project.
For those who don't want to accept a high risk, it's better to choose the top one because in general the top coins are always safer even though they also have risks that will not be exactly the same as the risks of new coins or new projects that still have to fight specifically.
besides being low risk, choosing the top coin also has other positives such as it will be a matter of pride that we have a good list of crypto assets. choosing a new coin will get a high risk. then it is not much different from a bet, if you are lucky you will get a double profit.
hero member
Activity: 3066
Merit: 536
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February 06, 2022, 02:41:47 AM
#57
I understand and share the position that most of you choose to go with top 10 coins.
You must not be surprised with it. It's caused by mostly people here are taking the safest position with the lowest risk as their choice but they didn't even know what potential that owned by the new token that can give us like 5x ROI or even more.

I just want to share with the community other projects that me and close friends have been studying over time, I have been on the crypto space since 2016 and couldn't be more excited to be a Degen than right now. Thank you for your comments
No problem, as long as it was launched through trusted IDO platform and it can be trusted. Im also actively investing in the polkastarter. So many tokens from IDO already entered into the top 100 of CMC or top 200. People just don't even understand if what already entered or placed into the top 10 CMC was coming from the ICOs. ADA, SOL, BNB, Ethereum and many more.
legendary
Activity: 2464
Merit: 1102
February 06, 2022, 02:10:40 AM
#56
I stick with cryptocurrencies that I think are quality, they are probably at their lowest price right now, They are SOL, BNB and XRP. I don't mind for now, because now they can be bought in the red before the market goes up again.
The main reason why people do not trust XRP is because of the centralization. Ripple controls it, and I understand BNB and SOL is controlled by a team as well, which is why I do not like SOL too, considering how they have done all the centralization BS recently, it is good enough reason to stay away from it.

However, BNB is a bit different from that, Binance itself has hundreds of billions of dollars in their accounts, people all deposited that much money there, if they ever want to steal something, BNB wouldn't be the first thing they would do. This is why if we can trust them with all of our coins, then we can trust them with their own coins as well.
jr. member
Activity: 39
Merit: 2
February 05, 2022, 06:03:47 PM
#55
The recent market crash has been a clear example that there are lots of projects that will not be sustainable over time, on the other hand some crypto projects have risen over this difficult time. One Ring  was released on Thorstarter  last week during this chaos and has experienced a 3X already, while having ongoing development. Which are your crypto picks during this crash?

I understand and share the position that most of you choose to go with top 10 coins. I just want to share with the community other projects that me and close friends have been studying over time, I have been on the crypto space since 2016 and couldn't be more excited to be a Degen than right now. Thank you for your comments
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
February 05, 2022, 02:42:05 PM
#54
Bear market is a bad time for scam projects because they reveal their aims pretty fast, when market is bad we have less newbies willing to take risks on new projects anyways I just like projects that are bold enough to release their project in a bad market they always have long term dreams.

The Bear Market goes through a difficult time for all projects, but even in those bad times when projects continue their development, the community values ​​their work. And all the projects that have the purpose of leaving the market, they can even leave the market by pumping and dumping in the bull market.
If a project has that potential, then that project can take a strong position in the market.
hero member
Activity: 2086
Merit: 575
February 05, 2022, 02:33:21 PM
#53

That is because new projects are recently promoted heavily to let other know about that project and makes the price rise despite of the bear situation but your right that this is only temporary especially if the project is not that solid enough for investors to have a reason to stay and keep supporting the project for better or for worst.

There is a big risk so if I were them I will not be tempted of the short term potential of a new project but ill take my risk instead investing on the solid coins during their dump and patiently wait for the right time to harvest my gains. Let new projects show their worth first and if they perform good for a such a long time, that is the time we can consider them.

 The main problem is almost always the fear of the drop. There are so many projects with airdrop that we are talking about people not having the chance to sell their tokens before the airdrop winners. There are also locked periods where people would not be able to sell all of their coins and they get unlocked part by part every month which creates a limitation for real investors. So when you give airdrop winners right away, and real investors in installments, that will obviously result with a bad situation for you. Even if you end up with making a lot of money and selling all your tokens in IDO, that doesn't mean you will stay that way, price will usually drop very quickly.
full member
Activity: 1134
Merit: 140
February 05, 2022, 02:15:52 PM
#52
Experiencing a 3X increase with the coin you mentioned even though market conditions are experiencing a decline in my opinion is a natural thing to happen, because usually every time a new project is released on the market, of course there will be a significant price increase, but after holding on for a while at that price but then the price will definitely drop again to the lowest price, so whenever there is a decline I will only prefer altcoins that have strong fundamentals to invest in.
That is because new projects are recently promoted heavily to let other know about that project and makes the price rise despite of the bear situation but your right that this is only temporary especially if the project is not that solid enough for investors to have a reason to stay and keep supporting the project for better or for worst.

There is a big risk so if I were them I will not be tempted of the short term potential of a new project but ill take my risk instead investing on the solid coins during their dump and patiently wait for the right time to harvest my gains. Let new projects show their worth first and if they perform good for a such a long time, that is the time we can consider them.
sr. member
Activity: 1610
Merit: 264
February 05, 2022, 01:16:09 PM
#51
~
Expect more pump and dump craps in this bearish market. It's all a cheap opportunity for many people to take advantage of people's money.
Some even take advantage of the current movies trends and make a coin out of it. Some even make a coin out of the name of a certain celebrity in Twitter.
It's really really an absurd phenomenon, I know.
member
Activity: 252
Merit: 12
February 05, 2022, 01:05:59 PM
#50
Bear market is a bad time for scam projects because they reveal their aims pretty fast, when market is bad we have less newbies willing to take risks on new projects anyways I just like projects that are bold enough to release their project in a bad market they always have long term dreams.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
February 05, 2022, 10:25:22 AM
#49
CRO. Crypto.com coin is also one that sustained their value even when the big bear came.
The lowest that I saw was $0.39 and now it's back to $0.45 which is my buying price if I remember correctly. My mistake was forgetting to buy more when the crash happened. It didn't occur to me as I was busy checking the Bitcoin movement and didn't realize CRO was also hit by the impact.
Although, it is still at my buying rate/level and I think the future is still bright to gain value so I may add more soon.
sr. member
Activity: 643
Merit: 263
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February 05, 2022, 09:46:56 AM
#48
The right project of course works according to the roadmap, when the release date has been set and the market conditions are red then they should not delay, even though there will be a dump but the commitment and trust of investors is of course more important, and if they work seriously of course this is not a problem.
Projects that delay the release date will miss the bullish moment because the project trend has reached its peak and investors have prepared an investment strategy in potential projects, if the project delays the core roadmap such as listing exchange and mainnet, then the moment will disappear and investors switch to other projects.
full member
Activity: 926
Merit: 100
February 05, 2022, 09:36:48 AM
#47
I'm sure some projects are delaying the release of their project, because it's a huge loss if it's released in a broken market. However, they will still release if market conditions stabilize. This is shown so as not to lower asset prices when the market crashes.
It's just a strategy from the project team and maybe they are still hesitant to launch a new project under current conditions, even though in general market conditions are starting to improve, although not on a large scale.
hero member
Activity: 2604
Merit: 816
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February 05, 2022, 09:21:11 AM
#46
I stick with cryptocurrencies that I think are quality, they are probably at their lowest price right now, They are SOL, BNB and XRP. I don't mind for now, because now they can be bought in the red before the market goes up again.
Those coins are a good option besides buying bitcoin that still the first coin that we must buy. The altcoin will be an alternative to make a profit so you should not forget to buy bitcoin during the market crash. The top 100 can be another list for you to search for the other altcoins you can buy but not many altcoins can survive in the next downtrend because some of the altcoins can still get down. So it is not easy to pick the altcoin because it needs more research and deep analysis to find the right altcoins.
sr. member
Activity: 1918
Merit: 256
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February 05, 2022, 07:38:26 AM
#45
I stick with cryptocurrencies that I think are quality, they are probably at their lowest price right now, They are SOL, BNB and XRP. I don't mind for now, because now they can be bought in the red before the market goes up again.
sr. member
Activity: 1008
Merit: 250
February 05, 2022, 07:35:52 AM
#44
the most relevant choice in my opinion is only the top coins. unsustainable projects are very dependent on them in dealing with the situation that occurs. from there a management team is needed in carrying out a project.
For those who don't want to accept a high risk, it's better to choose the top one because in general the top coins are always safer even though they also have risks that will not be exactly the same as the risks of new coins or new projects that still have to fight specifically.
full member
Activity: 1358
Merit: 207
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February 05, 2022, 07:07:18 AM
#43
The market crash help some investors to prepare well for this season of profits making. Many investors feel bad about the price dropped of some coins in the exchange market that made many to lose their profits from their investment. Those that bought in a high price last year are afraid to release their coins to market  because of the price waving that started last year.
Many investors have a lot to achieve in this market situation that really shake the community . Now that the price of some coin are trying to increase higher before the end of this month of February. Altcoin investors will not  miss this great opportunity that is about to demonstrate positively for investors to recover from their losses that happened to them during Christmas and new year celebration.
sr. member
Activity: 1190
Merit: 250
February 05, 2022, 05:45:21 AM
#42
This is of course normal, when the market crashes it is certainly a good opportunity to buy altcoins, this is what makes me prefer to buy when the market crashes so it is easier to profit and today is happy because the market is up more than 10%.
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