Be careful buying alts right now - page 9.

judaspriest

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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.

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

koang

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Quote from: smartaction on July 23, 2022, 09:52:06 AM

Investing in cryptocurrency is always a risky affair. Be it altcoins or other coins. But investing in altcoins is more risky. As it is able to give more profit in less time. Able to face more losses in such a short period of time. But if someone is interested in investing in cryptocurrency he must accept the risk.

Your words are true, but the risk is probably much lower now than it was two or three months ago. Not only are there risks in the cryptocurrency market, but unlike cryptocurrencies, many stocks still have huge downside potential, while many altcoins are already at an all-time low. So I think buying altcoins now is a good idea.

One person's risk will be another's chance

But the get-rich-quick mentality in crypto is enormous, Some don’t even do research and it destroys people.
They were already bankrupt before they even began. Too bad

BTW. This week, many big tech companies will announce their earnings and I think it will correlate with the crypto market

Fredomago

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Quote from: ?? on ??

Quote from: smartaction on July 23, 2022, 09:52:06 AM

Investing in cryptocurrency is always a risky affair. Be it altcoins or other coins. But investing in altcoins is more risky. As it is able to give more profit in less time. Able to face more losses in such a short period of time. But if someone is interested in investing in cryptocurrency he must accept the risk.

Your words are true, but the risk is probably much lower now than it was two or three months ago. Not only are there risks in the cryptocurrency market, but unlike cryptocurrencies, many stocks still have huge downside potential, while many altcoins are already at an all-time low. So I think buying altcoins now is a good idea.

Everything that connected with financial investment is moving at high risk. You need to understand that the market is unstable and only your good knowledge with the asset that you have can save you from the fluctuations that are very active. You need to work harder in order to prevent having big losses.

You need to sort the market and choose which asset you think will bring you good returns. It's not easy, but you can work
on it while the market is still low.

alara14251

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

its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

Agreed with you. sometime exchange pump the market so that they can liquidate leveraged position. that is how exchange make most of the money. so be careful & do DCA.

erep

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Quote from: Paul Pogba on July 23, 2022, 10:09:51 AM

The experience that happened with LUNA, which was ranked 6th with a community and market cap of more than $12 billion, of course, makes us always have to be vigilant, there is no guarantee that a coin that is currently strong can survive and not drop like with LUNA, always monitor and if the price drop more than 10% then we have to find the cause and make sure to get the correct information.

Luna coins break the trust for the top 10 altcoin investments, we must monitor the investments at all times because if we are involved in the Luna investment case then the investment value is less than 1%. we must be careful to invest in the top altcoins because there is no guarantee that altcoins can return prices after a bear market except only the most convincing Bitcoin.

Paul Pogba

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The experience that happened with LUNA, which was ranked 6th with a community and market cap of more than $12 billion, of course, makes us always have to be vigilant, there is no guarantee that a coin that is currently strong can survive and not drop like with LUNA, always monitor and if the price drop more than 10% then we have to find the cause and make sure to get the correct information.

minairia3

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Quote from: smartaction on July 23, 2022, 09:52:06 AM

Investing in cryptocurrency is always a risky affair. Be it altcoins or other coins. But investing in altcoins is more risky. As it is able to give more profit in less time. Able to face more losses in such a short period of time. But if someone is interested in investing in cryptocurrency he must accept the risk.

It is not only during the down season that it becomes dangerous to invest in new altcoins, and even during the bull season, buying altcoins is always riskier than bitcoin. Most altcoins are made to create hype and a lot of them will disappear or never recover when the bear season comes.
Crypto is considered a risky investment, so you must determine the risk you can accept when deciding to invest.

smartaction

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Investing in cryptocurrency is always a risky affair. Be it altcoins or other coins. But investing in altcoins is more risky. As it is able to give more profit in less time. Able to face more losses in such a short period of time. But if someone is interested in investing in cryptocurrency he must accept the risk.

Fredomago

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Quote from: Balmain on July 21, 2022, 02:37:25 PM

As you said, when bitcoin drops 5%, altcoins double or triple. When there is a rally, the first bitcoin rises, followed by major altcoins. If a rally starts to happen, it may be more profitable to switch from bitcoin to altcoins. It makes the most sense to only accumulate bitcoins during the bear season because there is very minimal risk for me. If you are a good trader, you can increase your bitcoins in possible jumps during the bear season.

You can continue buying bitcoin while the value is still cheap and you can do a day trade system so you can grow your holding little by little.
though it's not an assurance since the volatile nature of crypto market always applies in any crypto project that you'll going to invest, a good trader can compensated whatever the market direction is moving, both bear and bull is an open opportunity to the experienced traders who loves monitoring and following the market.

Dragonbite

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Quote from: alan228 on July 21, 2022, 12:02:22 PM

Quote from: inery_blockchain on June 22, 2022, 12:03:13 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

The price of cryptocurrency is the best during the fall of the market. It is necessary to buy tokens during the fall of the market but the most important is to evaluate potential of the coin.

The rise of cryptocurrency market continue and crypto users becomes more optimistinc.
It is good for cryptocurency projects because more and more people pays attention for them and the adoption of digital assets grow.

Panos Markovits

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That's right, not fully recovered. yes, maybe its time to invest some alt coins right now but i also think waiting another month or two is smart as there is a lot of room for growth but i would like to see some real development for these coins before i spend all my money on that.

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Quote from: Jaered on July 20, 2022, 02:13:43 PM

Obviously we haven't reached the bottom. Only a bumbling newbie would go all-in on this market right now. It's always a cautious approach. I also noticed some degree of bitcoin-altcoin decoupling going on

Many indicators show an absolute bottom for bitcoin. All the more so as we are now seeing a good bounce. I think that by buying altcoins now you are not risking much, at least less than two months ago. Many coins are starting to rise now and some are pumping up a lot. I think now is a good time to take a risk.

I don't think so, maybe it will be bull market season in few years but now crypto market depression is not over. Buying altcoins doesn't worth risk, many traders will regret this decision lately, IMHO. Risky investments can take few years to recover due to obvious reasons that derived from bear market cycle. Let's see when market recovery begins so prices will go close to resistance point.

Very important to have a good glimpse of a possible market movement before taking that big risk. There's a lot of potential

asset, but in case things won't work well on the time you purchase your coin, you need to have a set of target that you need to be fill

before doing anything, it's a roller-coaster and you need to add more patience and enhance your knowledge to make sure that you

will be compensated and not to lose anything around the process.

Balmain

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Quote from: BobK71 on July 21, 2022, 12:50:33 PM

Quote from: helloinox on July 01, 2022, 02:09:26 PM

Quote from: Wong Gendheng on July 01, 2022, 05:24:43 AM

Buying Altcoin and Bitcoin certainly has the opportunity to lose, this has happened since Bitcoin is present at Exchange, there is always an opportunity to lose money, especially since the current market conditions are increasingly difficult and the number of scam projects that add to the image of cryptocurrencies is getting worse.

I doubt there is more alts scam when the market is being like this. I mean you have to realize there are now new flow of money and investors. No enough to keep the old alts running hence price keep going down across all coins.

Bear market is the perfect time to buy bitcoin. At this time, if you invest in Bitcoin, its returns will come relatively quickly. But many people keep running towards altcoins instead of investing in Bitcoin. There is possibility to high return at the same time it also takes no time to lose. Because if bitcoin dumps 2 percent some altcoins dump 15-20 percent. So investors should think carefully before investment.

As you said, when bitcoin drops 5%, altcoins double or triple. When there is a rally, the first bitcoin rises, followed by major altcoins. If a rally starts to happen, it may be more profitable to switch from bitcoin to altcoins. It makes the most sense to only accumulate bitcoins during the bear season because there is very minimal risk for me. If you are a good trader, you can increase your bitcoins in possible jumps during the bear season.

len01

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Quote from: BobK71 on July 21, 2022, 12:50:33 PM

Quote from: helloinox on July 01, 2022, 02:09:26 PM

Quote from: Wong Gendheng on July 01, 2022, 05:24:43 AM

Buying Altcoin and Bitcoin certainly has the opportunity to lose, this has happened since Bitcoin is present at Exchange, there is always an opportunity to lose money, especially since the current market conditions are increasingly difficult and the number of scam projects that add to the image of cryptocurrencies is getting worse.

I doubt there is more alts scam when the market is being like this. I mean you have to realize there are now new flow of money and investors. No enough to keep the old alts running hence price keep going down across all coins.

Bear market is the perfect time to buy bitcoin. At this time, if you invest in Bitcoin, its returns will come relatively quickly. But many people keep running towards altcoins instead of investing in Bitcoin. There is possibility to high return at the same time it also takes no time to lose. Because if bitcoin dumps 2 percent some altcoins dump 15-20 percent. So investors should think carefully before investment.

i agree with your opinion on this.
when the market is bearish it is better to choose bitcoin for investment assets than put money in altcoins.
there are also other options besides bitcoin for investment that may not be as good for me as bitcoin, namely ethereum. these few days i see the movement of ethereum and bitcoin start to rise again and if only for short term investment very good

BobK71

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Quote from: helloinox on July 01, 2022, 02:09:26 PM

Quote from: Wong Gendheng on July 01, 2022, 05:24:43 AM

Buying Altcoin and Bitcoin certainly has the opportunity to lose, this has happened since Bitcoin is present at Exchange, there is always an opportunity to lose money, especially since the current market conditions are increasingly difficult and the number of scam projects that add to the image of cryptocurrencies is getting worse.

I doubt there is more alts scam when the market is being like this. I mean you have to realize there are now new flow of money and investors. No enough to keep the old alts running hence price keep going down across all coins.

Bear market is the perfect time to buy bitcoin. At this time, if you invest in Bitcoin, its returns will come relatively quickly. But many people keep running towards altcoins instead of investing in Bitcoin. There is possibility to high return at the same time it also takes no time to lose. Because if bitcoin dumps 2 percent some altcoins dump 15-20 percent. So investors should think carefully before investment.

alan228

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Quote from: 100xcoin on July 20, 2022, 01:25:14 PM

Quote from: inery_blockchain on June 22, 2022, 12:03:13 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

It is hard to say how long will cryptocurrency market rise because the economic situation in the world does not change and the economic crysis continues.

The price of cryptocurrency is the best during the fall of the market. It is necessary to buy tokens during the fall of the market but the most important is to evaluate potential of the coin.

Jaered

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Obviously we haven't reached the bottom. Only a bumbling newbie would go all-in on this market right now. It's always a cautious approach. I also noticed some degree of bitcoin-altcoin decoupling going on

100xcoin

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Quote from: Bertyda on July 19, 2022, 03:59:50 PM

Quote from: inery_blockchain on June 22, 2022, 12:03:13 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

Now cryptocurrency market started to rise and many people what that the market will continue to rise.
The rise of the market will attract more attention to cryptocurrency and cryptocurrency projects.

It is hard to say how long will cryptocurrency market rise because the economic situation in the world does not change and the economic crysis continues.

RussiaUkraineTranslation

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Quote from: Bertyda on July 19, 2022, 03:59:50 PM

Quote from: Corsac on July 18, 2022, 02:10:31 PM

Quote from: inery_blockchain on June 22, 2022, 12:03:13 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

Cryptocurrency industry is very risky but it offers people a lot of different opportunities.
Fall of the market allows to buy cryptocurrency for the best price to have more profit from investment.
After the fall of the market will be a rise.

Now cryptocurrency market started to rise and many people what that the market will continue to rise.
The rise of the market will attract more attention to cryptocurrency and cryptocurrency projects.

Right on. The crypto market is starting to rise and will continue to rise and after we see BTC reach about 30k again, we should get a new round of investors entering the market. To a new investor, thinks like self custody and staking projects like Shimmer and MAXX are complicated but once you learn Metamask, it's not as hard as it looks and it's a lot safer than centralized lending platforms like celsius.

Bertyda

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Quote from: Corsac on July 18, 2022, 02:10:31 PM

Quote from: inery_blockchain on June 22, 2022, 12:03:13 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

Cryptocurrency industry is very risky but it offers people a lot of different opportunities.
Fall of the market allows to buy cryptocurrency for the best price to have more profit from investment.
After the fall of the market will be a rise.

Now cryptocurrency market started to rise and many people what that the market will continue to rise.
The rise of the market will attract more attention to cryptocurrency and cryptocurrency projects.

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