Be careful buying alts right now - page 8.

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Quote from: Sayeds56 on August 14, 2022, 06:53:01 AM

Quote from: ?? on ??

I think its the right time to buy alts because we may see a bull run season soon.

We can not predict with 100% certainty that correction is overdone and bull run is about to begin unless Bitcoin breaks important technical indicator of 200 DMA which is at 32,920 & stays there for few days to confirm the trend reversal. I think It is likely to happen during the current month because declining trend in CPI has created new hope for stocks and crypto market investors & it is likely to continue as gas prices are falling. . DYOR.

Yes, it looks like things are returning bullish, just in time for BTC and ETH integration on the internet computer and the Ethereum merge.

Quote420

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You are right, thank you osongkh because currently buying any coin will not be ok, in this bear market the price of all coins has dropped a lot and now it will be very risky if you buy any coin. So it is better not to buy any coin now.

Sayeds56

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Quote from: ?? on ??

I think its the right time to buy alts because we may see a bull run season soon.

We can not predict with 100% certainty that correction is overdone and bull run is about to begin unless Bitcoin breaks important technical indicator of 200 DMA which is at 32,920 & stays there for few days to confirm the trend reversal. I think It is likely to happen during the current month because declining trend in CPI has created new hope for stocks and crypto market investors & it is likely to continue as gas prices are falling. . DYOR.

hichamito37

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Quote from: ?? on ??

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.

Mr.sprin

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Don't make the wrong choice to buy alcoins like buying new coins, the risk is big if you want to invest in alcoins it's better to choose alcoins that have potential such as bnb coins and ethereum coins if you hold these two alcoins I am very sure you will get big profits.

kasunrandil

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no problem bro. if we understand the project well , then no problem with investing in this season. it is better to have a DCA plan at all. whatever as you said it is risky of investing in meme tokens and that kind of nonsense project which poped up with recent crypto rally. we can further reduce our risk by investing in large cap coins and tokens. ( before you invest in you must understand the project well whether it it is large cap or not ) because volatility of large cap coins are low.

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Quote from: gunhell16 on August 13, 2022, 10:02:17 PM

We all know that investing in cryptocurrency has a risk attached to our capital, that's why it depends on the coins that we buy and we have a reference that we can use to be sure of the altcoins that we choose and trade on the exchange that is in our decision whether we do it short or long term. Because we can't really avoid the risk, that's why we have to be really careful.

As long as the important thing is that we know how to look for the right coin here in the world of cryptocurrency, because if our method and understanding of crypto is wrong, the result will surely be a risk to our coins that are chosen to invest. However, if this is the right understanding and method, it is also certain that the result will be good in the future.

we all agree that crypto is risky, that's why we really need to be very careful in investing, or even choosing investments. however, what the OP was talking about was ethereum, which at the time fell into the $900 range. normally, it's a pretty bad time to invest in altcoins, as the price of ethereum has fallen quite a bit from its very high price. however, I think on the side of new investors, or investors who like to take advantage of the situation, it becomes a very good thing for them. imagine, when they bought the popular altcoins at that time, they already made a sizeable profit today. what I'm trying to say is, dumps aren't always bad for everyone. people who can take advantage of it will try to make the most of the moment. maybe it was a bad moment to invest, but those who studied the situation might realize that it was a good time to invest in ethereum. however, there will always be risk due to the nature of crypto which is generally very volatile.

Mario Yamasaki

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Any investment certainly makes us have to be vigilant, not only cryptocurrencies but offline investment also requires us to be vigilant, all types of investment can be loss even as a scam, this is what makes us have to always do deep analysis so it is not easy to get scam.

Wawa2013

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Quote from: Sayeds56 on August 13, 2022, 10:00:50 PM

Quote from: Aliem Nur on August 13, 2022, 06:21:10 PM

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.

The whole crypto market is volatile not only alts coins, even Bitcoin price has come down more than 70% from its all time high, alts always follow Bitcoin market trend, though investors make huge profit in alts if they hold them patiently and invest in good quality projects.we always need to remember that bearish like the one we have now is the best opportunity to build portfolio on such attractive prices and sell them when market bounces back and breaks its previous all time highs.

Although the price of Bitcoin is also very volatile as is the case with altcoins, but at least investing in Bitcoin is less risky than investing in altcoins.
That's why the percentage of capital we use to buy Bitcoin should at least be larger, so that we are safer when investing in crypto. Especially now
that we are still in a bear market, where the risk is very high for investing in altcoins. We really have to be careful if we really want to buy altcoins
right now, especially since the majority of altcoins in circulation are shitcoins. So if we buy the wrong altcoins, we will lose our money. Do your research
and analysis before buying altcoins, so that we can make sure the altcoins we choose are potential altcoins.

gunhell16

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We all know that investing in cryptocurrency has a risk attached to our capital, that's why it depends on the coins that we buy and we have a reference that we can use to be sure of the altcoins that we choose and trade on the exchange that is in our decision whether we do it short or long term. Because we can't really avoid the risk, that's why we have to be really careful.

As long as the important thing is that we know how to look for the right coin here in the world of cryptocurrency, because if our method and understanding of crypto is wrong, the result will surely be a risk to our coins that are chosen to invest. However, if this is the right understanding and method, it is also certain that the result will be good in the future.

Sayeds56

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Quote from: Aliem Nur on August 13, 2022, 06:21:10 PM

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.

The whole crypto market is volatile not only alts coins, even Bitcoin price has come down more than 70% from its all time high, alts always follow Bitcoin market trend, though investors make huge profit in alts if they hold them patiently and invest in good quality projects.we always need to remember that bearish like the one we have now is the best opportunity to build portfolio on such attractive prices and sell them when market bounces back and breaks its previous all time highs.

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Quote from: nurilham on August 13, 2022, 06:15:13 PM

Quote from: cute nmp on August 13, 2022, 02:53:53 PM

Don't think I will buy any altcoins at the moment to avoid falling into a bear trap again.

It is good that you are very careful to determine the time to buy. I also still keep my funds, just plan to buy altcoins when there is a huge dump in the future. I think there is still an opportunity of the next big decrease, it may be in Q4 of this year or Q1 of the next year.

There are lots of predictions, the bottom of this bear is at 17.6k and we are out of the bottom, but my personal prediction is that we will have a huge dump at the end of the year or Q1 next year. I'm still waiting for this final dumping to start collecting as much as I can.

Quote from: nurilham on August 13, 2022, 06:15:13 PM

Quote from: cute nmp on August 13, 2022, 02:53:53 PM

Market is not good up to now and we are in a bear situation and many coins can continue to lose value so its not a good idea to hold for now till things improve and get better.

Actually, if you want to add more coins on your wallets, bearish market is the right time to buy. Although we see many altcoins are decreasing their prices continously, but it is quite safe since we are in the phase of cheap prices of crypto coins. After the bearish season is over, we will experience the bullish season that the prices of altcoins will increase signifincantly.

Should buy when the price is low and sell when the price is high, should not wait until the market improves to start buying, we will lose the opportunity. one is to buy now and use DCA, the other is to wait for the correction to start buying again.

Aliem Nur

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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.

nurilham

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Quote from: cute nmp on August 13, 2022, 02:53:53 PM

Don't think I will buy any altcoins at the moment to avoid falling into a bear trap again.

It is good that you are very careful to determine the time to buy. I also still keep my funds, just plan to buy altcoins when there is a huge dump in the future. I think there is still an opportunity of the next big decrease, it may be in Q4 of this year or Q1 of the next year.

Quote from: cute nmp on August 13, 2022, 02:53:53 PM

Market is not good up to now and we are in a bear situation and many coins can continue to lose value so its not a good idea to hold for now till things improve and get better.

Actually, if you want to add more coins on your wallets, bearish market is the right time to buy. Although we see many altcoins are decreasing their prices continously, but it is quite safe since we are in the phase of cheap prices of crypto coins. After the bearish season is over, we will experience the bullish season that the prices of altcoins will increase signifincantly.

cute nmp

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Don't think I will buy any altcoins at the moment to avoid falling into a bear trap again. Market is not good up to now and we are in a bear situation and many coins can continue to lose value so its not a good idea to hold for now till things improve and get better.

Inspiron14

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Altcoins are indeed more volatile than bitcoin, the proof is that we see exchanges like CEL, and LUNA,
where their prices have dropped dramatically to -90%, and specifically for LUNA, they end up being scams,
that's why altcoins are very dangerous if we invest there, my advice is to invest well, for example,
buy gradually and dont hold for long term.

goinmerry

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Nothing wrong if we consider risking on other altcoins as long as we understand the risks and those plans of buying altcoins are not just a product of random thoughts or doing it because we see others getting profit on that coins. Whatever it is, always keep in mind that altcoins are more volatile.

Being careful is already an obvious thing to do that's don't just do suicide actions without proper analysis.

Your money, your rule, but if your rule is trash, your money will be gone.

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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.

Normally it is not good to buy coin with all you have because cryptocurrency is very risky, buying coin with all you have will definitely result to being panicking expecially when you don't get what you have been expecting. It is better to invest cryptocurrency with an amount that even if the market goes dip their wont be much pressure of losing huge amount of money.

AnonBitCoiner

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It true that the worth of market is really low but it is not necessary that the price will always remains low, there will be some time when the worth will rise again and reach to highest peak. Altcoins are true for investment they will be successful in future and will boost your income. It is not an issue that now the market is low because buying at low will be a causative success for you.

FlamingFingers

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Quote from: judaspriest on August 11, 2022, 03:34:32 AM

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.

how do you know that this is a fake recovery?, indeed the big resistance has not been reached,
the resistance is at $30k, if Bitcoin is able to break it and stay above $30k, then I can say bearish is over

To me I believe that the bear season might be over but you never can tell, the whole market has started looking bullish once again, there is an indicator that always indicates the bottom of bitcoin, the indicator had crossed and it seems like $17k is the bottom for now, hopefully the whales will not manipulate the market to favour them by dumping it beyond 17k that will create a huge fear in the market. I think we had dumped enough to recover back to the top, from $60k+ up to $17k is pretty huge to recover from here

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