The journey won't be a straight line, so for anyone who can be patient and play along will benefit from it. If you are buying now then be sure to wait for or buy more at certain average prices. Truly the bottom is not here yet, so it's better to careful and watch the price movement.
I'm not buying any alts because there are too many risks associated with them. The price keeps going down and like you said, not a straight line yet. While would I risk to alts when BTC and ETH can still be at very high prices in the future. So even if the price of BTC or ETH keeps going down, they offer a lower risk compared to alts. 
Topic: Be careful buying alts right now - page 13. (Read 10829 times)
The market condition is very hard right now so though to predict coin price. Now best option is to buy to most valuable coin. Many new project failed their own goal early. So you can buy most valuable coin and hold long time i hope you will be get goof profit from it.
The market is on a shaky wobbly leg right now. It could go towards 30k+ price (bitcoin) or it could go under 15k, and we have no idea which one it will do. I understand that people are confused right now and they do not know what to do and I agree that it is not an easy task.
But, if we get together and make a decision based on what we could see as of right now, then we could make a prediction that would work out. Well, if we all think that it will go up, then we would all buy, and if we all buy then it will really go up so it would be a self-fulfilling prophecy and same goes for going down as well. So right now, the only way to profit is to be a collective, and not individuals in the same place.
But, if we get together and make a decision based on what we could see as of right now, then we could make a prediction that would work out. Well, if we all think that it will go up, then we would all buy, and if we all buy then it will really go up so it would be a self-fulfilling prophecy and same goes for going down as well. So right now, the only way to profit is to be a collective, and not individuals in the same place.
Every time we should be careful before investing but now is the time to invest in our favorite project little by little and this is a great strategy
Anyway, it would be foolish for us not to invest even after the market has fallen so much and wait for the market to fall further.
Anyway, it would be foolish for us not to invest even after the market has fallen so much and wait for the market to fall further.
Yeah I agree when this bear market happens we should prepare our capital to invest step by step not in a one step. Don't forget to use money that you can afford to lose so that when the market continues falling you won't depress so much because your investment is down. Also always do some research before investing rather than invest in a new coin without a proper team or potential just invest in top altcoins we can find in coinmarketcap.
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
I'm not sure $900 is the bottom. Now investors will be given new hope for growth, and then there will be a new price dump to $500 or a little lower.Until the whales have most of the coins, there will be no new pamp.
You put your own comment inside the quote of Ketesnuko. I know it is a mistake as I already know you as an established member.
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
At what point do you think the market will be ripe to buy altcoins then? If you think we have not made it to the bottom, it means you have a point you think will be the bottom. Can you share that with us because I want to buy too with minimised risk. If Ethereum price ever goes to the $500 that zasad@ is speculating the market will be on real fire. Alot of people will freak out.
Everything is speculative. I think a lot of us believe that the market might still go down, maybe, and a good question you asked there. A further 50% drop from the current price will be brutal for all cryptocurrencies and that will be putting ETH at the price range of $500 and about -90% drop from its ATH on Nov 10, 2021 of $4,878.26
This Bitcoin Rainbow price chat is telling us that the market is on the "Basically a Fire Sale" stage already so you can imagine what going way down would be for the market.
A lot depends how useful the coins and what profitable tools it offers. It is necessary to check all the information about the coin to know more about it like this
https://twitter.com/LollipopBsc/status/1537731681779453952
It is necessary to constantly sturdy and improve the knowledge to earn money on the cryptocurrency market.
After the fall of the market will be the rise of the market and it is necessary just to wait.
To be successful in cryptocurrency investments it is necessary to study and learn the market.
It is necessary to understand how the market works to earn money on the cryptocurrency market.
Every time we should be careful before investing but now is the time to invest in our favorite project little by little and this is a great strategy
Anyway, it would be foolish for us not to invest even after the market has fallen so much and wait for the market to fall further.
Anyway, it would be foolish for us not to invest even after the market has fallen so much and wait for the market to fall further.
I can agree. I am still holding my stablecoins. When the time is right, I will buy some and be a frog and go for hibernation. Potential profits in bull market fam.
Yeah your are totally right, bear market is not going to an end in near future, maybe it takes reverse action in the first or second quarter of the 2023, for now we should do buying, and should not invest all of our money in for now, we should buy from dip to dip, like when it btc was at 17000$, than we should buy some alts and now it's at 21000$, after taking some profit invest again when another dip comes.
The journey won't be a straight line, so for anyone who can be patient and play along will benefit from it. If you are buying now then be sure to wait for or buy more at certain average prices. Truly the bottom is not here yet, so it's better to careful and watch the price movement.
It's too important that we know how to analyze the market movement but buying while the price is low without waiting for the bottom isn't a bad decision because it's still good for a long-term investment. You could still gain a good profit when the market recovers. Things will depend on our target profit and investment time frame.
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
Yes, the bearish season is still continuing. It will not end easily this year. Maybe there will be some market pump in a certain time, but I am not sure that the market will not be bearish again. The price of Bitcoin still has the probability to drop again like in the previous bearish era. And altcoins will be following. For investing in altcoins? Well, this may be interesting, but I also think that we must be more selective and careful to choose the right one that has a higher chance to survive. then the price may go higher in the bullish season.
Investing in new altcoins? I don't think I will, it is too risky, like gambling, isn't it?
it doesn't matter to those who say the bear market is over if they bring in definite data. But sometimes I feel annoyed that they invite people who are new to cryptocurrency to buy the coins they want because they are cheap. We have a lot to remind those who are new here about the importance of analysis.
The journey won't be a straight line, so for anyone who can be patient and play along will benefit from it. If you are buying now then be sure to wait for or buy more at certain average prices. Truly the bottom is not here yet, so it's better to careful and watch the price movement.
Unfortunately there are still some people who are influenced to buy at high prices because conditions like this still can't be sure it will go up or down, if you see some events that happened yesterday the bitcoin price collapsed again and gave a lot of influence to altcoin prices, it's best if you want to buy then buy a coin that has good potential and has a clear project so that it is suitable for long-term savings, the suitable altcoin in my opinion is Ethereum and BSC, although like that, be careful it remains number one.
The journey won't be a straight line, so for anyone who can be patient and play along will benefit from it. If you are buying now then be sure to wait for or buy more at certain average prices. Truly the bottom is not here yet, so it's better to careful and watch the price movement.
A lot depends how useful the coins and what profitable tools it offers. It is necessary to check all the information about the coin to know more about it like this
https://twitter.com/LollipopBsc/status/1537731681779453952
Cryptocurrency market always risky. Many people lost money on cryptocurrency. But during the fall of the market it became much more risky.
It is very difficult time for all the projects.
It is necessary to constantly sturdy and improve the knowledge to earn money on the cryptocurrency market.
After the fall of the market will be the rise of the market and it is necessary just to wait.
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
I'm not sure $900 is the bottom. Now investors will be given new hope for growth, and then there will be a new price dump to $500 or a little lower.Until the whales have most of the coins, there will be no new pamp.
You put your own comment inside the quote of Ketesnuko. I know it is a mistake as I already know you as an established member.
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
At what point do you think the market will be ripe to buy altcoins then? If you think we have not made it to the bottom, it means you have a point you think will be the bottom. Can you share that with us because I want to buy too with minimised risk. If Ethereum price ever goes to the $500 that zasad@ is speculating the market will be on real fire. Alot of people will freak out.
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
Basically Altcoins depend on Bitcoin, As of lately we know that bitcoin get down form approximately 65-70% form its ATH and at the same time altcoins get down 90-95% so it is very easy to mark out that altcoins are risky at the moment as the market is not stable yet. If bitcoin price decrease more then altcoins will be affected. So your assets your decision but we also know that "no risk no gain" So buy some altcoins right now which are most potential coins in the current market. We should be technical enough upon choosing projects for investment where TA and FA are very important.
In investing in altcoins there is definitely more risk involved, but the investment has the potential to bring high returns due to the high risk, as long as you research and do a lot of in-depth analysis on each altcoin project, you will reduce the risk somewhat.
Never invest all your funds into altcoins, always focus on bitcoin, altcoins should only be viewed as a risky investment and can be lost.
Currently there are more than 20k cryptocurrencies available, about 100 new coins are added every day, this makes the competition very tight so many developers can't wait to develop projects and choose to create new projects so that old projects become scams or have no value, of course this makes we must always be vigilant because the chance of a scam is very high.
we just need to tag the people behind such projects. and when a new project is launched we can know that it is not worth it for us to put our money there.overall the top altcoin market is certainly greatly influenced by the dominance of Bitcoin in the market. even when Bitcoin is experiencing a decline like it is today, we must remain vigilant and not rush to buy more altcoins with the discounts offered. because we're not done with the bear that keeps on roaring. we can fall deeper.
Currently there are more than 20k cryptocurrencies available, about 100 new coins are added every day, this makes the competition very tight so many developers can't wait to develop projects and choose to create new projects so that old projects become scams or have no value, of course this makes we must always be vigilant because the chance of a scam is very high.
This is true now is not the right time to be buying altcoins thinking that the bear market is over.This is just a slight market recovery and I think the market will go bearish again.Nobody can tell when the bull market will return so it is better to play safe with your funds.
Actually if we have good research and analysis skills, then have experience in the crypto world, no problem investing in altcoins in the current
market conditions. Because we can find out which altcoins are worth buying, but for newbies who do not have knowledge and experience
in the crypto world, it is indeed very risky to buy altcoins today. That's why many people recommend playing it safe, with a focus on investing in
Bitcoin during bear markets. Moreover, as you said, we never know when the bull market will come, so we must be careful with the money we have.
Don't choose the wrong coins for investment which can make us lose all the money we have. In a long-lasting bear market like today, don't make
too many risky decisions if we don't want to experience big losses.
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