Be careful buying alts right now - page 15.

Hypnosis00

sr. member

Activity: 2338

Merit: 338

Quote from: GigaBit on June 28, 2022, 02:19:54 PM

Quote from: Ketesnuko on June 21, 2022, 10:26:53 AM

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.

And ever since, the majority of these altcoins had lost their value more than Bitcoin and this is the fact that investing in Altcoins is too risky. However, in the case of the bear season, taking the chance on buying potential altcoins like ETH and Sol seems ideal as to know that they will recover fast as to the moment that Bitcoin will be rallying high again. But then, I won't encourage people to allocate more of their funds in altcoins, it should be going to Bitcoin.

We should be technical enough upon choosing projects for investment where TA and FA are very important.

isaac_clarke22

sr. member

Activity: 1596

Merit: 264

Quote from: dark1234 on June 28, 2022, 06:01:04 PM

Quote from: bonyaserg on June 28, 2022, 01:53:58 PM

Personally, I always study the market before buying coins and always buy current coins that will be in demand in the cryptocurrency market in the near future. And I also recommend all my friends to buy only those coins that will be in demand and will make a profit. And also buy coins only on verified exchanges. Otherwise, you can just fall into the hands of scammers. And now when the market is falling very much and buying coins is very risky now because the price can change very much.

researching and studying carefully about the coins that we are going to buy is a basic thing in investing but not all buying coins that will be in demand and buying on a verified exchange guarantees it will be safe because we know just now what happened to terra luna so look for opportunities and sell at the right time right is the thing that will give profit

There is no guarantee even if it is an exchange that is legitimate. Being delisted from an exchange still happens, so because a coin gets listed does not mean that it is surely going to stay there in the long-term.
Once the coin dries out, say bye bye for that coin in that exchange.

dark1234

full member

Activity: 1134

Merit: 167

Quote from: bonyaserg on June 28, 2022, 01:53:58 PM

Personally, I always study the market before buying coins and always buy current coins that will be in demand in the cryptocurrency market in the near future. And I also recommend all my friends to buy only those coins that will be in demand and will make a profit. And also buy coins only on verified exchanges. Otherwise, you can just fall into the hands of scammers. And now when the market is falling very much and buying coins is very risky now because the price can change very much.

researching and studying carefully about the coins that we are going to buy is a basic thing in investing but not all buying coins that will be in demand and buying on a verified exchange guarantees it will be safe because we know just now what happened to terra luna so look for opportunities and sell at the right time right is the thing that will give profit

cryptoserega

jr. member

Activity: 181

Merit: 1

Quote from: First_on_the_Moon on June 27, 2022, 10:56:12 AM

Quote from: inery_blockchain on June 22, 2022, 01:03:13 PM

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

During the fall of the market cryptocurrency investments are very risky because not all the projects will be able to survive during the fall of the market.
But after the fall only the best projects will left.

Cryptocurrency investments always risky because cryptocurrency is very volitile. But during the fall of the market it is possible to buy cryptocurrency for the best price.
The most important is to evaluate the future potential of the coin.

GigaBit

hero member

Activity: 1526

Merit: 506

Leading Crypto Sports Betting & Casino Platform

Quote from: Ketesnuko on June 21, 2022, 10:26:53 AM

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.

bonyaserg

jr. member

Activity: 1876

Merit: 5

Personally, I always study the market before buying coins and always buy current coins that will be in demand in the cryptocurrency market in the near future. And I also recommend all my friends to buy only those coins that will be in demand and will make a profit. And also buy coins only on verified exchanges. Otherwise, you can just fall into the hands of scammers. And now when the market is falling very much and buying coins is very risky now because the price can change very much.

fzkto

sr. member

Activity: 2254

Merit: 439

Cashback 15%

Quote from: carlisle1 on June 26, 2022, 03:20:01 PM

Quote from: Samurai trieng on June 26, 2022, 12:46:32 PM

indeed the current crypto market is very concerning but I think investing in crypto does have a very high level of risk, here we need foresight to choose a decent altcoin, but for crypto users who have extensive knowledge of crypto, now is a good time to buy altcoins of course they buy altcoins that have great potential and prospects, to find the right altcoins of course they have done in-depth research about the ins and outs of these altcoins in order to get big profits when the crypto market starts to recover.

Now is the good time for people who invest not just their money but more on their time to research and study every single project

that they are eyeing to use for their investment, the market is low, but the chance to get lower is possible. Investors need to

work on their knowledge about the project and how the team is working behind, if they are convince with how the market will proceed,

there's no problem in taking the call and place their position.

In a bear market, this approach does not work much. The team can work hard and update the github regularly, but no one knows how long this red period will last. It is possible that these projects will not be in demand in the future, although it will still have a good product. It is just that other, more modern ones will come along later. Look at the CMC top, it changes regularly.

Altryist

legendary

Activity: 2058

Merit: 1295

Quote from: RealMalatesta on June 26, 2022, 03:47:11 PM

I am not sure if "large" dumps could occur again. I get that there could be some drops, there is no denying that and I have to say that this is going to be something that is decent and go up soon, and I love that. But at the end off the day, it is not going to be something that is a huge dump, it is going to be something that is doing a bit weird if we see another 50% drop for example.

This is why we are going to have to accept the fact that bitcoin will be 15k+ for the remainder of the history, never go under that, not now, not in the future. Of course now is the closest, so if it ever happens that has to be now, after this, we will go up eventually to a new ATH and doubt we will ever drop here again.

You see now a good mood prevails among the members of the forum, there is no fear when everyone is depressed, exhausted by a long fall and does not believe in growth, so I think that this period is still ahead, and for this a good fall must still occur. But I also admit that the most persistent ones remained on the forum, who have already gone through such falls and know what to expect, so they just calmly wait for the bear market to end.

amihada

full member

Activity: 1106

Merit: 100

now i have bought ethereum coin and bnb coin even though there is a notification from my friend now is not the time to buy because the coin price will go down again but i am confident in my decision to invest ethereum coin and bnb coin because i believe i can save these two coins in the long term even though one day the price of this coin will go down, I am ready to take the risk.

VRExpress

member

Activity: 263

Merit: 15

Past BTC price history in a bear market is always around 80% or a little bit more but right now we are at 74% so a bit more to get there, the thing is I believe this is a good time to start buying as well but the recession that's upcoming is making me think otherwise, it is possible that BTC will lose that 20,000$ range soon.

MarjorieZimmermanGinger

hero member

Activity: 1316

Merit: 718

Quote from: AakZaki on June 27, 2022, 12:12:16 PM

Be careful buying altcoins at this time is indeed good advice, especially should do research before buying altcoins. Choose an altcoin that really has good potential in the future. ETH, BNB, SOLANA, ADA etc are some of the altcoins that are quite well developed. Moreover, ETH continues to follow the price of BTC, I personally invested several thousand dollars in ETH since the BTC price crash.
Buying alt now also requires a DCA strategy so as not to get stuck in one. price. buy wisely and of course know what to do.

It is very difficult to predict when the market will return to normal, this indicates the current cycle cannot be used as a reference source as an investment in certain altcoins, I think only Ethereum and BNB have the strength to survive, while other altcoins are quite risky in market conditions like now, you should not be too hasty in making a decision to buy altcoins, except for the purchase of the two coins that I mentioned above

AakZaki

legendary

Activity: 2310

Merit: 1076

zknodes.org

Be careful buying altcoins at this time is indeed good advice, especially should do research before buying altcoins. Choose an altcoin that really has good potential in the future. ETH, BNB, SOLANA, ADA etc are some of the altcoins that are quite well developed. Moreover, ETH continues to follow the price of BTC, I personally invested several thousand dollars in ETH since the BTC price crash.
Buying alt now also requires a DCA strategy so as not to get stuck in one. price. buy wisely and of course know what to do.

First_on_the_Moon

copper member

Activity: 60

Merit: 0

Quote from: DeFi Doge on June 26, 2022, 11:52:02 AM

Quote from: inery_blockchain on June 22, 2022, 01:03:13 PM

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

During the fall of the market it is the best time to buy the tokens of the projects for the best price because everything falls.
But nobody knows what projects will be able to survive and in what projects to invest.
That is why it is very risky to invest now.

During the fall of the market cryptocurrency investments are very risky because not all the projects will be able to survive during the fall of the market.
But after the fall only the best projects will left.

bonyaserg

jr. member

Activity: 1876

Merit: 5

Personally, I think you need to wait for the purchase of coins, since the bear market is still falling and has not reached its bottom. And as soon as the market stops, all investors immediately rush to buy a large number of different coins. And then there will be a sharp jump in the price up. But this is just an assumption that the market can behave like this. In any case, you need to be very careful and not lose your funds if the crypto market forecast is not correct.

lienfaye

hero member

Activity: 2912

Merit: 629

Quote from: Tomcolor on June 26, 2022, 03:53:19 PM

To invest in crypto you have to choose a specific time and you have to choose the right token.

And that time is now wherein the market is bearish. Coins are cheaper compared to the price before. Though we cant say how long this bear market will last, but certainly its the time to buy top coins. Its way safer to buy top coins because they're unlikely to be delisted on exchanges and will recover if the market turn better. Its because this situation also happened before and these coins who are existing for years already, managed to survive the bear season.

Webetcoins

hero member

Activity: 1904

Merit: 540

Leading Crypto Sports Betting & Casino Platform

Quote from: $anounimus$ on June 22, 2022, 04:51:27 AM

Quote from: Ketesnuko on June 21, 2022, 10:26:53 AM

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.

The market at this moment go up and down, you should hold it first because historically, every 4 years BTC must have a significant decline like in 2019. Just hold, for now, don't sell because of FOMO you'll earn back your money when the market recovers, if you lose a little investment for it then so be it. Be sure to do your research before buying anything. Understand, for example, the privacy risks that are associated with certain coins. I think just wait until 2024 BTC to the moon BTC halving has never failed to increase the price of bitcoin.

The decline happened in 2018 and not in 2019, in fact in 2019 we started the year at 3.5k dollars, reached at a peak of 14k, and finished it as a YTD x2 price increase of 7k dollars start. That is what we are looking at if you ask me, it had a drop this year as well, but we are going to eventually go up again.

Or if it is like 2018 then I am expecting even a bigger crash by come November because that is what happened in 2018, where the price was around 6 to 8k and then crashed to under 4k during November. By the same logic we may drop to under 10k to around 7-8k if that same thing happens in 2022 as well before the year is over, but that would make 2023 even more profit making possibility filled year.

Captain Corporate

hero member

Activity: 1974

Merit: 575

Quote from: Doell on June 26, 2022, 04:46:22 PM

At anytime makes sense, but we are talking about bear market which means thats its going to be even worse right now for alts, you have to stay your cool and do not really make any mistakes at all. I personally try to avoid getting into alts, and even sell all my low level alts and only stay in top three, thats a lot better. This is because I believe that alts are more volatile than big coins, they could go down more and yes they could go up more too but I can't take that chance. This is why I personally stayed away from the alt world and went with just peak coins. In a bull run, I am careful about them but I can also take that risk because during bull run only a few do badly, or if you invest into a scam one, otherwise they will do fine.

Doell

hero member

Activity: 2072

Merit: 531

Yeah we have be careful to buy altcoin anytime, including in a less than good situation like today, price drops can happen at anytime but no one knows for sure. You're right that even Ethereum class can fall $900 price level but not bad because it makes investors re-buy more as it was discounted at that price and come back stronger, I think for a crypto class bitcoin or ethereum can't be compared to altcoins because buy at current prices also not bad for both crypto

Tomcolor

member

Activity: 661

Merit: 10

Chainjoes.com

According to me if you are a big investors then you should buy top altcoins now because the bear market come at anytime. But stay away from the financial crisis, if you just invest and lose then your will face big problem. To invest in crypto you have to choose a specific time and you have to choose the right token.

RealMalatesta

legendary

Activity: 2338

Merit: 1124

Quote from: ?? on ??

For now we really have to be careful in investing because the market situation is not completely stable, so don't expect the decline when it is at the lowest point and I believe that large dumps will occur again and this will last a very long time as it has happened in the previous year, so to invest you must be ready to bear every risk that exists, but it would be nice for us to monitor the development first for the next.

I am not sure if "large" dumps could occur again. I get that there could be some drops, there is no denying that and I have to say that this is going to be something that is decent and go up soon, and I love that. But at the end off the day, it is not going to be something that is a huge dump, it is going to be something that is doing a bit weird if we see another 50% drop for example.

This is why we are going to have to accept the fact that bitcoin will be 15k+ for the remainder of the history, never go under that, not now, not in the future. Of course now is the closest, so if it ever happens that has to be now, after this, we will go up eventually to a new ATH and doubt we will ever drop here again.

Topic: Be careful buying alts right now - page 15. (Read 10759 times)