Be careful buying alts right now - page 4.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: dlightag on September 21, 2022, 05:33:41 AM

Cryptocurrency investment has been long term holding digital assets investment, which every investors have to move by his own strategy, which Ethereum drop to $900 was a good entry point by then, which return back to $1400 after a few hours, many make profit as of then. Therefore investing on Alt-coin has no limit of Time, but to have a target or good strategy of entry point for return investment profit.

it's the timing and good understanding that lead each experienced investors to make good amount of profits.

Not easy though as there are many factors that affects the market movement and you need to learn each path and pick the best
option to serve as your basis when investing in any coin/project that you are following. Good understanding saves you from miscalculating the timing of your buy and sell position.

Lambe Ndumble

member

Activity: 569

Merit: 10

Invest or buy Altcoins, of course, I have to always be vigilant, the first time I invest in ICO in 2015 and at that time I invest around 8 ICOs and the result was 6 profits and 2 scams, and at this time there were too many Altcoins and had numbered more than 21k, of course which is difficult for us to expect.

sumant

copper member

Activity: 770

Merit: 1

We should always be careful buying altocoins because it is going down regularly even big coins don't doing good. New altocoins are coming in with high speed and so many scammers spoiling any believe on crypto. Investing in crypto is very dangerous if you don't have any knowledge or trading formula. From my point of view always be careful when doing any transaction in crypto industry specially when buying.

Desscount

full member

Activity: 1386

Merit: 101

ComboLabs

Quote from: Sweetbtc on September 20, 2022, 02:11:14 PM

Yes, you were right we are still in that bear market it is still not over we may see more dump from this price. The market condition is very bad now. There are rumours in Market we may see BTC at 15K. Let's see what happens.

Yes the bear market is still continuing today and we never know for sure when it will end,
With the current conditions, it is certainly very important to be wise in making decisions,
I don't know whether it will really happen or not and it's better to just keep following the progress

RussianEnglishTranslation

jr. member

Activity: 840

Merit: 6

Quote from: Ketesnuko on June 21, 2022, 09:26:53 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.

I wouldn't be buying Ethereum unless it fell below 200 usd, which was my original buy in price. I do think that now is a great time to buy alts that are 90% down already and have huge upside potential, like ICP and ENJ. ICP is a L1 Web3 chain that is the new internet and ENJ is a gamefi solutions provider, wallet, and L2.

JangoUnchained

member

Activity: 185

Merit: 14

So far things are looking historical to me but mind you if crypto space takes a new turn and abandoned the old ways things can start happening fast, lets stop pretending like we know what the future will bring, this is why I've bought few coins at 17500$ per BTC but yes always keep USDT around to buy more coins when the unexpected happens.

dlightag

member

Activity: 519

Merit: 12

Cryptocurrency investment has been long term holding digital assets investment, which every investors have to move by his own strategy, which Ethereum drop to $900 was a good entry point by then, which return back to $1400 after a few hours, many make profit as of then. Therefore investing on Alt-coin has no limit of Time, but to have a target or good strategy of entry point for return investment profit.

bakasabo

legendary

Activity: 2520

Merit: 1218

In other word - bear market is a market cleaner, but bull market is the one that pollutes market with garbage. Until market finds a balance between cleanness and garbage, we will have what we have now, instability and fear.

I would not suggest to buy any altcoins right now, but better pay attention who are top losers and gainers, and how those react on short term market changes. This will help to find least useless, but profitable alt.

carlisle1

hero member

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Quote from: koang on September 20, 2022, 10:35:27 AM

Quote from: ?? on ??

Yes, I think this red will last a long time too. Don't waste money guys, be careful. We are going through a very difficult time right now. The price may be heavy, because this year looks a little different than previous years.

Inflation, geopolitics, and macroeconomic factors greatly affect the growth of the crypto market today but the stock market and other investment instruments are also experiencing similar conditions.
But excessive fear will prevent us from making profits in the future, the right time to invest is when the market is bearish.
The current bearish phase is actually good and healthy for the crypto industry, like natural selection, because it shows good and bad crypto projects.

Bear market reveals many alts that only created for pump and dump, assets that don't have any
real usages and they are suffering a lot in terms of value.

On the other hand, those good projects are giving investors a great chance of buying more and hold for some time.

When the market starts to pump back, the profits are really decent. It's more about how you do your good research and
how you project your target profits.

power.threads

newbie

Activity: 52

Merit: 0

Quote from: Ketesnuko on June 21, 2022, 09:26:53 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.

m8 literally predicted the future
what do you think is it still too early?
I'm thinking of buying POINT point network, just listed on mexc global... not sure if we're at the bottom now

Uruhara

hero member

Activity: 630

Merit: 611

Caution is needed when the market situation is like now. where the economy is in an extreme crisis. but being a trader is a choice taken when we know the risks that will be faced. so even though the market is bearish but we can still look for profits by doing daily trading quickly. because the market situation today is very risky to invest in the long term. because we don't know how much btc will go down. so altcoins are at risk of a deeper decline. then with fast daily trading we can arrange entry and exit quickly. take advantage of little by little it's something that can be done at this time. but if you want it for the long term then I think from now on it can be said that it is very suitable to start accumulating gradually.

Sweetbtc

hero member

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👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Yes, you were right we are still in that bear market it is still not over we may see more dump from this price. The market condition is very bad now. There are rumours in Market we may see BTC at 15K. Let's see what happens.

AnonBitCoiner

sr. member

Activity: 1456

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Eloncoin.org - Mars, here we come!

Quote from: Ketesnuko on June 21, 2022, 09:26:53 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.

Not worried, I’m hoping for bad news. The lower we go the more money we can make on the way up. For those of holding through all of this, well, you shoulda sold near the top. The top was crystal clear. Fed hikes and crypto don't mix well with each other! It's going to be a great time to buy Ethereum on sale!

BobK71

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Activity: 2128

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Quote from: Ketesnuko on June 21, 2022, 09:26:53 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 most important thing in dealing with a bear market is not to be in a hurry. but also not wrong if you have made a solid decision to buy. I am sure that at any price support we buy in the bear market, it will definitely produce profits in the future when it enters the bull market. The problem is whether we are able to hold on for that long or do we even give up by selling at a loss.

Bear markets are basically the perfect time to buy ‍assets. But buying here requires deep research and analysis. Long-term planning is suitable especially in bear markets. Because if the market dumps more after buying then it will take more time to recover from there. Not only that, you must also give utmost importance to crypto selection for investment.

mulia sabee

full member

Activity: 910

Merit: 102

Quote from: Ketesnuko on June 21, 2022, 09:26:53 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.

altcoins are very volatile in Q3, I have observed it on Binance, some altcoins experience pumps and dumps in a short time,
of course things like that are not healthy in the market!, thank you, I think it should be proven.

koang

sr. member

Activity: 2422

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20BET - Premium Casino & Sportsbook

Quote from: ?? on ??

Yes, I think this red will last a long time too. Don't waste money guys, be careful. We are going through a very difficult time right now. The price may be heavy, because this year looks a little different than previous years.

Inflation, geopolitics, and macroeconomic factors greatly affect the growth of the crypto market today but the stock market and other investment instruments are also experiencing similar conditions.
But excessive fear will prevent us from making profits in the future, the right time to invest is when the market is bearish.
The current bearish phase is actually good and healthy for the crypto industry, like natural selection, because it shows good and bad crypto projects.

onecall123

sr. member

Activity: 2156

Merit: 323

Why don't we just wait and buy at lower prices while crypto are getting wrecked? Does it seem likely that the situation will worsen? Hell yeah. There has been a call for this for months. The bottom cannot be predicted, but I am awaiting certain price points for DCA. Nothing is guaranteed, but there is a high probability of it happening.

Altryist

legendary

Activity: 2100

Merit: 1340

Quote from: Sayeds56 on September 20, 2022, 09:00:59 AM

It is right strategy to thoroughly analyze a new project ( 1- Team should be professional with track record of successful projects. 2. The use case of the product which is equally important. 3- Timing to launch the project should be conducive to market it) before you decide to put your hard earned money because you never know how market will accept it when it gets listed hence, risk of investing in new project is higher compared to already listed.

I don't know if it's worth it to deal with new projects, especially now in a bear market. It is better to wait, see how good they will work, whether they will have listings on good exchanges, and if all this will be, only then can think about buying coins this project. And do not worry that you will miss the best time to buy, because most projects simply will not have these listings and growth.

Sayeds56

copper member

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Eloncoin.org - Mars, here we come!

Quote from: albon on September 16, 2022, 12:08:10 AM

Quote from: Vaskiy on September 15, 2022, 06:43:38 AM

In a market with 20k+ cryptocurrencies, it is really tough to find the right altcoins. The risk varies based on the asset over which we invest. Most of the suggestion would be to invest on the leading cryptocurrencies that are popular in the market with increasing partnership and usage preference. There is risk with altcoins and the risk can be lowered based on the way we diversify our investment.

Investing in the leading altcoins is safe, but it is not like the profits of investing in a new altcoin project. Each of us needs a lot of time to review everything related to the new altcoin project, and there is a possibility that we will lose all our money, but if this altcoin project is promising and proves its efficiency in the long term, we By investing with a weak capital, we will be able to achieve large amounts of money, not like the profits of the leading altcoins, because the risk is, of course, great, so if we do not have enough experience in hunting new altcoin project, we must retreat from this idea.

It is right strategy to thoroughly analyze a new project ( 1- Team should be professional with track record of successful projects. 2. The use case of the product which is equally important. 3- Timing to launch the project should be conducive to market it) before you decide to put your hard earned money because you never know how market will accept it when it gets listed hence, risk of investing in new project is higher compared to already listed.

Bhig Daddy

member

Activity: 364

Merit: 13

I share your sentiment that it is still too early for the present bearish trend to terminate. The world has not yet fully recovered from all of the previous issues. The bull trap will always be a possibility. The whale that wants to try to sell their coins shortly may use this as an exit liquidity.
The graph suggests a recovery, but this might be very harmful. The worst thing may just be temporary, and it hasn't yet happened to us.
People need to exercise caution, but I can see that some altcoins are currently outperforming the trend.

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