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Topic: Be careful buying alts right now - page 7. (Read 10759 times)

full member
Activity: 1470
Merit: 103
COMBO 2.0
August 17, 2022, 06:36:57 PM
Matic went almost 3X ETH is still pumping I think whats actually happening bear or no buy is those devs working and improving their projects are going to win and clear out the stagnant ones Best time to buy any coin is mostly now and so few months ahead But dyor
member
Activity: 504
Merit: 10
August 17, 2022, 04:37:52 PM
Buying Altcoins with a bear market in my opinion is very good, because this is a very precise moment when all Altcoins are down. But if you want to buy an Altcoin, you have to choose and see how the potential of the Altcoin is good or not, so I'm sure when this bear market ends you will definitely benefit from what you buy in this bear market.
bear market scares us. and that's true, but of course we shouldn't be 100% afraid of this bear market,
even though that's where the opportunity comes, look for information on social media about price predictions,
I'm sure you will find it, and make sure you buy at the right price
newbie
Activity: 66
Merit: 0
August 17, 2022, 10:28:25 AM
I think crypto is risky for sure m8!
And there's no way you "won't risk" or will be "100 percent sure" about the success of the token you choose
I pick VRJAM for now and we'll see what happens, I see the potential of this multiverse platform and due to the situation in the world, VR looks pretty promising
full member
Activity: 616
Merit: 102
August 17, 2022, 09:34:24 AM
Buying Altcoins with a bear market in my opinion is very good, because this is a very precise moment when all Altcoins are down. But if you want to buy an Altcoin, you have to choose and see how the potential of the Altcoin is good or not, so I'm sure when this bear market ends you will definitely benefit from what you buy in this bear market.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
August 17, 2022, 02:26:19 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 is still in confusion. Many people are afraid to invest because they think that the market will go down further. Now that the crypto market is bearish, we should proper utilize the time. Because now every coin comparatively in buy zone. However, even in this bearish period, Ether has advanced relatively far. So according to my knowledge buy as much as you can.
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
August 16, 2022, 08:42:57 PM
all investments have risks including buying alcoins, if you want to buy alcoins it's better to choose alcoins that can be durable such as eth coin and bnb coin can be invested in the long term I also invest these two coins and I already make a profit if I sell it, but I still survive because I believe in the future these two coins will rise in price.

I agree although many people tends to look for an opportunity from buying in shit altcoins since they can give you 3x ROI in a few days so a lot of them choose that in reality in long term both altcoins that you mention are always the winner if take a look from their value. I believe that crypto will get another ATH in the coming years in preparation for that we can buy our favorite alt for long term holding.

There are people who call themselves investors but play like a gambling type of investment strategy, taking a short-term shit coin and hoping that hypes will allow them to take a big bunch of profits. Otherwise, losing side will lead them to lose everything that they've got after the shit project developers runaway with their hard earned money.

Reality wise, every single project has a risk if you don't have patience to do research and proper understanding with the coin

that you are investing with. outcome rely with how you anticipated and your term projection in how long you will continue to hold before you sell your assets.
full member
Activity: 1162
Merit: 106
August 16, 2022, 02:22:05 AM
If we are used to high-risk investments, we will not be surprised if we enter cryptocurrencies, the opportunity to go up and down very high prices makes us ready if something bad happens, but if we have good capital and analysis then to get big profits up to 100% in a month or less is easy.
sr. member
Activity: 2156
Merit: 251
Binance #Smart World Global Token
August 16, 2022, 02:16:30 AM
all investments have risks including buying alcoins, if you want to buy alcoins it's better to choose alcoins that can be durable such as eth coin and bnb coin can be invested in the long term I also invest these two coins and I already make a profit if I sell it, but I still survive because I believe in the future these two coins will rise in price.

I agree although many people tends to look for an opportunity from buying in shit altcoins since they can give you 3x ROI in a few days so a lot of them choose that in reality in long term both altcoins that you mention are always the winner if take a look from their value. I believe that crypto will get another ATH in the coming years in preparation for that we can buy our favorite alt for long term holding.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
August 16, 2022, 01:51:44 AM
we think one more dip will coming , atleast bitcoin and altcoin price will test lastest bottom to see its valid or not. i am agree current price still have high risk if we look based on chart pattern , alot altcoin price now in major resistance so better to wait and see what will gonna happen with this market. 
I'm sure the decline will come but I'm not sure it will pass the previous low, after reviewing the market has not stabilized at +20k and the impact on the bear market will likely fall below 20k, but if the market continues to hold until the bear market ends then we will see high recovery in the next bullish phase.
Many have advised caution about the current market. They deserve the market could go dip again. Mt Gox Upcoming release of funds can be one of the reasons. But everything is uncertain. So at the moment it is better to avoid new trading or investing in new altcoins. I think the market will turn bullish again once the forthcoming effect end.
sr. member
Activity: 1456
Merit: 251
August 16, 2022, 12:20:21 AM
all investments have risks including buying alcoins, if you want to buy alcoins it's better to choose alcoins that can be durable such as eth coin and bnb coin can be invested in the long term I also invest these two coins and I already make a profit if I sell it, but I still survive because I believe in the future these two coins will rise in price.
sr. member
Activity: 1316
Merit: 324
#SWGT PRE-SALE IS LIVE
August 15, 2022, 06:44:34 PM
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.

If you buy an alt for holding purposes, I suggest that it is not a proper time to buy, but if you are a day trader this is a best time to roll your alts, because of the high volatility on the market you can maximize the token you are holding.
we think one more dip will coming , atleast bitcoin and altcoin price will test lastest bottom to see its valid or not. i am agree current price still have high risk if we look based on chart pattern , alot altcoin price now in major resistance so better to wait and see what will gonna happen with this market. 
sr. member
Activity: 831
Merit: 286
Binance #Smart World Global Token
August 15, 2022, 05:33:51 PM
There might be a little correction these past few days but the bearish season is not over yet. We should still be mindful in making firm decisions especially when it comes to buying altcoins. The risk is still there so we have to be wise because we're still in the bearish season. If you're still in the buying period, better choose the risk that you could take. Choose potential top coins over new projects.
We should not focus on price recovery because we are actually in a bear market period, so we should be careful buying at high prices even if buying tops of the coin so it is better to wait for market correction in the next few weeks, because before reaching recovery high the price may fall lower before entering the bullrun zone in the future.
hero member
Activity: 1820
Merit: 537
August 15, 2022, 05:22:28 PM
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.
fake recovery or not,we always need to be careful everytime we invest or buy some coins, i believe that we are still in bear market so we need to be careful we don't know if the market recover or continue to fall in next few months from now, however i believe that it is still good for investing right now and wait till the market fully recover.

There might be a little correction these past few days but the bearish season is not over yet. We should still be mindful in making firm decisions especially when it comes to buying altcoins. The risk is still there so we have to be wise because we're still in the bearish season. If you're still in the buying period, better choose the risk that you could take. Choose potential top coins over new projects.
hero member
Activity: 2086
Merit: 562
August 15, 2022, 11:42:39 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.

If you buy an alt for holding purposes, I suggest that it is not a proper time to buy, but if you are a day trader this is a best time to roll your alts, because of the high volatility on the market you can maximize the token you are holding.
full member
Activity: 854
Merit: 100
August 15, 2022, 11:24:54 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.

This is true. The current correction is just a relief and there's a possibility that there will be a second wave of dump once Bitcoin hit a strong resistance. There's a news that SEC might approved a butcoin short ETF and whales are pumping the market in preparation fpr the short ETF.

This theory has a point and the timing of this correction coincides to the date which the bitcoin short ETF proposal has been announced to the public.

Reference:https://www.cnbc.com/amp/2022/06/20/proshares-is-launching-a-short-bitcoin-etf-this-week.html
Yep ithinks its a bitcoin rally or maybe the hidden bulish of btc in weekly is filled right now and ithink it will be drop again and hit 10k ihope iam wrong because if iam right the alts will be awfull and so many investors will be loss
jr. member
Activity: 224
Merit: 1
August 15, 2022, 09:39:18 AM
If you are staking on a platform like Abracadabra or MAXX finance for high APY then it doesn't really matter much what the market does short term because you are earning high staking rewards. In fact, one could argue, and I'm willing to bet that statistics will back this up, that stakers on platforms like HEX and MAXX finance make more money than scalp or swing traders do.
full member
Activity: 1044
Merit: 103
August 15, 2022, 06:42:57 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.
fake recovery or not,we always need to be careful everytime we invest or buy some coins, i believe that we are still in bear market so we need to be careful we don't know if the market recover or continue to fall in next few months from now, however i believe that ethereum is still good for investing right now and wait till the market fully recover.
sr. member
Activity: 1666
Merit: 453
August 14, 2022, 11:53:40 PM
We all know here in the crypto space that when the bear market comes, the number one thing that is affected is always the altcoins that are not included in the top 100 coins in the market. Although it does not mean that the top altcoins in the market are not affected, it is not always the case. They are also affected, that is because of the volatility that exists in this cryptocurrency industry. But even though they are affected by the volume they have, it is still undeniable that they can be said to be stable and strong in the market. It's not like the unknown cryptos in the market whose value plummets in the market and once again there are others who are actually waiting for it to fall and be delisted from the market because there is no value.

That's why the majority of members here on this forum platform did not miss a reminder to remind everyone to always do DYOR (do your own research) or do it at your own risk. Because buying crypto on any exchange platform is always associated with risk because money is involved, which we want it to grow and we believe that through cryptocurrency it can grow our capital, but still in the end we supposed to be careful in terms of choosing or buying the coins.
member
Activity: 224
Merit: 26
August 14, 2022, 11:34:09 AM
I think its the right time to buy alts because we may see a bull run season soon.

Everything is going up again but that does not mean that the bull season is coming guys, there is no safe time for altcoins, altcoins are always risky. If you want to be profitable and take risks then you should buy altcoins 2 months before the market bottom, everything becomes very cheap. The price has already started to run and it is not sure if it will continue to run continuously or will drop any time so be careful.

You are absolutely right. Alt coins are always risky. But it is better if you buy the previous coins instead of buying two months old coins. For example: sol, matic, avax. In fact, the price of these coins has decreased a lot in the bear market. And these will increase in price the most. It can be expected.
sr. member
Activity: 1372
Merit: 252
August 14, 2022, 10:48:10 AM
I think the current altcoin price is still very cheap because it's a dump, this can be proven through a chart,
you just go to coinmrketcap and look at the chart, for example GALA, Gala ATH is at $0.7, and now it's only at $0.07,
of course this has gone down a lot, almost -90% more, so don't be afraid to invest in altcoins.
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