Someone who has experienced being fooled by shitcoin like me for example. It becomes a lesson and experience that in the future in trading and investing,
you have to really choose coins that are fundamentally good. Because if not, even though the price is very cheap, if it's shitcoin he can never rise,
even in a market that is bullish. Everyone who experiences this kind of thing has experienced the pain of losing capital in investing.
Topic: Be careful what you choose to invest in now, not all coins will recover. - page 11. (Read 2846 times)
August 15, 2021, 07:58:46 PM
August 15, 2021, 02:04:54 PM
I agree, we need to be up to date and follow the market to realise when our coins are going to recover. The thing with recoveries is that we don't even need all our coins to fully recover. If we have one strong performing coin it is going to offset our losses in another coin. In my opinion it is best to just look at the whole portfolio instead of single positions. There will always be times where one coin is down and another one is up.
In the summer, the market volumes are falling, so the prices of cryptocurrencies are falling too. For any project, it is very important to have a large community, which is why crypto communities are created such as https://twitter.com/LiquidationsOf/status/1415853396792201216
August 15, 2021, 02:04:00 PM
The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.
The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.
Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.
These new meme coins that were suddenly emerging in the market are an instant red flag for me. I don't want to waste my time and money on most of them. As much as possible, don't fall from their sweet promises of massive profit returns. If I were you, I would rather put my hard-earned money into a more established and stable project that has been around in the business for several years already. A project with steady development progress. The like of Stakenet XSN is a perfect example. The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.
Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.
August 15, 2021, 01:51:19 PM
that's right, indeed not all cryptocurrency can recover after the price dump, so I recommend to investing in cryptocurrency that are in the top 100 on coinmarketcap, because its safer and the price will definitely continue to increase, so you don't need to be afraid to invest for the long term, because you will definitely get profit.
August 15, 2021, 01:45:37 PM
I agree, everyone must choose wisely to invest in so many tokens. Pick the most reliable and very promising will give the investors a very comfortable and satisfying result specially if the project succeeded. There are tokens now that just for scam purpose. They will provide fake team and presentable site and tokenomics. But the end will define the real potential. Not all is good, better to move wisely and cautious.
Be cautious and wise when picking your best assets for your investment. There are many scam projects and expect to see more. Avoid picking those who are in hypes as the moment you place your investment, the time that it will be dropped and you'll lose your money.With this current market, most of those top rated assets are moving alongside with Bitcoin. You can choose among them those that listed inside top 30.
There's a good chance that it will bring decent profits. Just do your research and always keep updated with how the market is behaving.
It saves a lot of time and money when you understand the project that you are supporting. Take time and go deeper.
August 15, 2021, 01:09:10 PM
Of course, before investing in Altcoin, you need to make a thorough verification of that coin. Looking at CMC, it is understood that there are many coins that have lost their value after coming to the exchanger and there are many coins that could not reach their listing price. So instead of investing in fraudulent projects and investing in trusted and promising cryptocurrencies, you can expect to make a profit after a certain period of time even if it is a temporary loss. Even if you invest in some shitcoin, you have to review it carefully and understand the situation and give up even if it is some loss.
August 15, 2021, 09:26:51 AM
Maybe- reasonable advice someone wants to make an investment in 2021- not a few coins die in the middle of the road, basically every company is too excited to create new and new projects.
This reminds me about the current too many coins circulating in the market makes me a little hesitant to choose a decent coin and really develop.
However-this time I actually chose the target I dreamed of.
This reminds me about the current too many coins circulating in the market makes me a little hesitant to choose a decent coin and really develop.
However-this time I actually chose the target I dreamed of.
August 15, 2021, 09:18:19 AM
What OP said is true. Before investing you should choose what coin you will invest first since not all is going to recover, also we should remember that holding sometimes is not a good thing there are times that it's is much better to sell and accept that you lose rather than wait and hope that the price will recover. It's better to be safe than sorry.
August 15, 2021, 08:39:05 AM
Right, and you have to be careful, don't fall into shitcoins that will only make you mentally down with a price that is very difficult to recover. You need to monitor market conditions as often as possible to know which coins are booming, but there is also a need to analyze the coins, lest you have the wrong strategy to avoid losses. Some people must have experienced if they were deceived by shitcoin and experienced hard times with prices that did not recover, this could be an important point for you to be more vigilant.
August 15, 2021, 01:46:30 AM
Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.
I guess you meant, explodeYour point on that is highly valid and I believe only newbies who don't take advice will be the ones caught in that deceit or veterans who are stupid enough to believe that such a web of deceit has changed. Investors should look at the utility of any token that has dumped to know if it's still valid to pick it up or not, and not just rush into it because it once had a great ROI with a striking ATH. Don't just buy for the sake of buying. That's just the point.
August 14, 2021, 07:59:51 PM
The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.
The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.
Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.
Many meme coins are already dying increasing the numbers of loses by investors who had believed that the coins will survive longer than there expectations. We investors have to be very care about the way we buying into investing in new coins that might no last especially those that are meant to scam people.The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.
Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.
I still don't believe in most altcoins mostly those that are not stable coins. There are many coins now sporing out of the net with fabulous promises of being socially expected by the society but at the end scam investors of their funds. I prefer investing in Bitcoin and other stable projects that are not mouth milking promises at the later ends.
August 14, 2021, 07:52:14 PM
Some coins will recover in a bullish market condition and a lot of people have lost a lot of money trying to buy the deep and invests in undervalued cryptocurrencies with the hope that they will rise in value and make profit when the woman comes around.
Personally I believe in investing in coins and proven over the years or have a good track record of success and did not dump too much in the bearish market conditions this shows that coin has good liquidity and a lot of people are holding it compared to coins that dump fast after a crash the market
Personally I believe in investing in coins and proven over the years or have a good track record of success and did not dump too much in the bearish market conditions this shows that coin has good liquidity and a lot of people are holding it compared to coins that dump fast after a crash the market
August 14, 2021, 07:51:40 PM
This is true, most altcoin don't recover after dumps thats why buy or investing in a project Whch can bounce back from any dump, bitcoin is a good example when it dipped to $3800 last year due to the news about the pandemic, so many people panic sold their BTC without thinking twice, after the dip bitcoin slowly recovered and thus year we made new all time high of $64,000, altcoins also recovered but not all of them will recover, always make sure you do a research and determine if the project seems like something that is good for long term or not, don't just buy anyone coin and start holding.
August 14, 2021, 03:18:23 PM
We should invest in real projects that are still evolving and releasing new updates, news, and knowledge, in my opinion. The team should be active on all social media platforms and provide us with as much information as possible about their idea. I believe that the majority of meme coin's team members have fled and will never return. So be cautious and don't enter any currency without first analyzing their team.
August 12, 2021, 08:47:37 PM
Some of them will not some of them later some will take time to recover, it all depends on how the platform evolves, each coin has their own time to evolve and recover, not because the market is recovering all coins are expected to grow or recover, it still depends on the coin's progress, so follow the coin's you've invested or going to invest, so you'll have the idea when it will have its time.
August 12, 2021, 07:59:09 PM
This is an absolutely brilliant advice. You don't just go into the market and start buying just any old coins because you feel it would do good. Just take a look at all the coins that rocked 2018 altcoin season. Vast majority of them have lost over 90 percent of their value. So chose wisely when investing it altcoins
Just as the same with other types of coins. Like the meme coins that have taken the attention of mass investors and they're not likely stopping with that craze although the reality is that the craze and hype for meme coins have already stopped. The problem is that the newbies are still holding onto it and think that there's more that they've missed and something to show as they wait. But they don't know what exactly they're doing and they're only in the massive loss and can't accept the fact that they're too late already and the shows over for the meme coins. August 12, 2021, 04:06:13 PM
I agree with your opinion, we should always be more careful in investing. That's why I prefer to invest in the superior types of coins found on the top exchanges. although the risk is still there, but it is easier to monitor.
You are indeed good at investing with altcoins that have high calculations, it is the right decision, but you should study and observe the movement of the coins we want to invest first, because then at least we know exactly what will happen in the future, I don't think all. good altcoins can be profitable.
Choosing the right project needs lots of time, don't rush your decision as most of the time riding with the trend creates mistakes and failed investment.
Keep yourself attach with the project that you are eyeing, more knowledge more trust that will build to you.
August 12, 2021, 04:05:26 PM
This is correct, not all coins recover after dipping cause maybe they don't have what it takes to pump back up, most of them only pumped insanely during their first launch, and when the bear market came they dumped really hard and now it's dying slowly I know a few of them, it's important to always buy coins which has the capability to survive in a bear market not a coin which only booms during a bull run.
August 12, 2021, 03:59:39 PM
I agree with your opinion, we should always be more careful in investing. That's why I prefer to invest in the superior types of coins found on the top exchanges. although the risk is still there, but it is easier to monitor.
Not only is it easier to monitor, but it is also easier to recover when it has experienced a decline in price and also more interest because the coin is already very popular and liked by many people, so there is less risk. August 12, 2021, 03:40:00 PM
The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.
The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.
Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.
The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.
Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.
This opinion does not all have to be applied, it is not a good step to buy all the coins people are talking about, without a special analysis of the coin, because not all coins can provide a good value for the current market conditions, it is very wise if we can analyze separately the conditions coin.
Likewise with Defi and NFT projects there is no guarantee to make a purchase, if market conditions are good, this sometimes has no effect, projects that use bear markets sometimes cannot be predicted with certain patterns.
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