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Topic: Be careful what you choose to invest in now, not all coins will recover. - page 12. (Read 2877 times)

hero member
Activity: 2688
Merit: 588
I think everyone who wants to invest and look for short-term and long-term profits must have studied the development of the altcoin they want to buy. and they must choose the best altcoin according to them so that any risk can be accepted by them. even if they have to lose money.  because only "lazy" people will buy altcoins without seeing the development and prospects of altcoins well.
If you are investing into something a bit on the newer side, looking at the previous parts of it doesn't work, because it is new and there is no history behind it, which makes it a bit harder. I understand that it is not smart to invest into a brand-new thing right away if you are a newbie, but if you are not a newbie and you made some money, it is smarter to diversify your portfolio.

I have a friend who made a good return on his investments, and he divided them all into smaller pieces, many of them lose money, but some of them increase like he can't imagine. This way in 5 years or so, he turned his 400 dollars into 50k+ dollars, he didn't give up, he didn't cash out, he kept on investing small amount to new stuff, when they go up a lot, he diversified it to other stuff, and repeat that for 5 years. It is a difficult thing to do, but a very profitable one if you know what you are doing.
member
Activity: 182
Merit: 14
Yes, the market is recovering. BTC has hit 46K. Now we are seeing alt green. The market is on correction now. Because BTC comes down to 44k$.  So invest in some good and strong projects will be a wise decision.
One thing guys, please now leave these meme coins/shitcoins. Because they are useless. When any influencer will shill then they can give you profit. So think about it and try to invest in some legit projects.
Meme coins are useless but we are in their season and everyone knows they are profitable, I hate meme coins too but take a look at the popular ones even when BTC hit 46k again these so called shitcoins increases in value as well, I'm not saying everyone should invest I'm just saying meme coin has its season and that's 2021 just like how DeFI took over 2020
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
Yes, the market is recovering. BTC has hit 46K. Now we are seeing alt green. The market is on correction now. Because BTC comes down to 44k$.  So invest in some good and strong projects will be a wise decision.
One thing guys, please now leave these meme coins/shitcoins. Because they are useless. When any influencer will shill then they can give you profit. So think about it and try to invest in some legit projects.
member
Activity: 868
Merit: 10
investing is taking risks and of course we all know the consequences we have to accept with the money invested. Before investing it is very important to research how the development of the project, what products they offer, how big the project community / partners are, observing market movements and not panic selling. so before investing here it would be nice to choose a really trusted coin so that we don't lose the assets we have
full member
Activity: 756
Merit: 111
cro.baby
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.

I think everyone who wants to invest and look for short-term and long-term profits must have studied the development of the altcoin they want to buy. and they must choose the best altcoin according to them so that any risk can be accepted by them. even if they have to lose money.  because only "lazy" people will buy altcoins without seeing the development and prospects of altcoins well.
full member
Activity: 840
Merit: 126
Welcome back 🙏
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.

Easier to monitor and when they go down you still have the belief that it will recover. It is the best thing to invest in coins like bitcoin and ethereum because we trust them and we know that even when to go down we have the self belief that it will go up again.
member
Activity: 285
Merit: 12
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.
hero member
Activity: 1526
Merit: 597
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.

yes I totally agree with your opinion that not all coins will follow the bullrun market movement because nowadays a lot of altcoins are launched just for a moment. once the developers make a profit then they leave the altcoins without further development. so it's better before buying an altcoin then we have to study and follow the development of the altcoin.

That is where proper due diligence comes into play. If they only have a white paper to present and no prototype or any considerable blockchain-related experience, why would you even consider investing in their project? You either are in for the ride and hope to dump faster than others at the right price or you are just making a big mistake. Rely on what you would rely elsewhere. If you go to a doctor and he wants to operate on your knee, you'd probably like to know if he has ever done that before as well.
full member
Activity: 798
Merit: 100
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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.

yes I totally agree with your opinion that not all coins will follow the bullrun market movement because nowadays a lot of altcoins are launched just for a moment. once the developers make a profit then they leave the altcoins without further development. so it's better before buying an altcoin then we have to study and follow the development of the altcoin.
hero member
Activity: 1526
Merit: 597
True. Many altcoins of 2017 did not recover in the 2021 bull run.
Yeah you're right but you forget that if there are lots of altcoins that were also recovering from the 2017 dump. We can't deny the fact that if even those coins still exist right now and have become the major coins.
It doesn't matter whether if it's a new and old coin. it will be still valuable when it has a good usability
People should be more careful in choosing altcoin but when it comes to the major coin and it doesn't give a guarantee if such coin can sustain for the long term.
We can see that from what happened with some old coins like bytecoin and many more.

The point you bring up is very important: if they have usability or any sort of value, they would have recovered. Seriously, so many coins from 2017 were pure trash, never completed in development or had other problems. Ran out of money even though they raised 30 million + or the team ran off, there are many things that happened with these coins. Some were just there to steal money from others. There is a tiny number of projects that is still around and delivering some update from time to time, but even those I think usually never planned to get it done in the first place. They are just afraid now to get sued for 30 million.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
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.

I'll still go for the buy low sell high strategy and do away with FOMO, I like my strategy or my methods not all coins that are developing are engage in pump and dump, they develop their platform and let investors decide if it's worth or not and not playing the market to show that they are pumping and people should invest, not all coins can recover and usually, they are those engage on FOMO.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
True. Many altcoins of 2017 did not recover in the 2021 bull run.
Yeah you're right but you forget that if there are lots of altcoins that were also recovering from the 2017 dump. We can't deny the fact that if even those coins still exist right now and have become the major coins.
It doesn't matter whether if it's a new and old coin. it will be still valuable when it has a good usability
People should be more careful in choosing altcoin but when it comes to the major coin and it doesn't give a guarantee if such coin can sustain for the long term.
We can see that from what happened with some old coins like bytecoin and many more.
full member
Activity: 630
Merit: 100
basically the decision to sell or hold depends on each perspective, if you believe in a good project development then hold on, if it doesn't meet expectations then we have to be patient and accept it. It is very important to know the project that you will invest in, it is also important to control your emotions and not be greedy.
the crypto ecosystem is always full of surprises, even coins or tokens that are not worth today can become valuable someday if you are lucky, or vice versa, the development of each project is also slow and fast, you have to understand that.
hero member
Activity: 1526
Merit: 597
You are right, it's important to choose what coins to hold or buy and when to sell it, not all coins are worth buying for and it is much better if we know what coin are we holding and we should be trusted. I don't mind holding Bitcoin and Ethereum for a long time even the price is like a rollercoaster since these coins are trusted cryptocurrencies.

If it was that easy, everyone would make the right decision all the time, but it isn't that easy as the market is not only volatile but also dynamic and agile, and open! New projects can join that might replace a technology everyone deemed to be the ultimate breakthrough yesterday. We see that happening all the time, very often labeled with phrases like "the Ethereum killer". Well, I know nothing has killed Ethereum yet, but is it impossible that a real competitor shows up one day that renders much of Ethereum's technology obsolete? There is a definitely a possibility for that to happen and it would have a direct impact on market conditions for comparable coins.
full member
Activity: 966
Merit: 102
You are right, it's important to choose what coins to hold or buy and when to sell it, not all coins are worth buying for and it is much better if we know what coin are we holding and we should be trusted. I don't mind holding Bitcoin and Ethereum for a long time even the price is like a rollercoaster since these coins are trusted cryptocurrencies.
copper member
Activity: 812
Merit: 12
I ❤ ₿itcoin and Ethereum
I agree with you, because currently only a few altcoin will survive and the price can increase very high, therefore I choose Bitcoin and Ethereum to be a long-term investment, because the price of Bitcoin and Ethereum will definitely continue to increase and will remain popular, so it's safe to invest in Bitcoin and Ethereum for the long term and of course I will definitely get a lot of profit in the future from investing in Bitcoin and Ethereum.
jr. member
Activity: 75
Merit: 6
True. Many altcoins of 2017 did not recover in the 2021 bull run.
full member
Activity: 434
Merit: 101
~ snip
But my question here is how can we know which one we are to buy that's wort it rather than the popularly known coins?.

it's not easy to find coins, that we have to understand the project in the future and the team of the coin and the use of the coin itself, so it's safer for you to buy coins that are currently in the top 20 on coinmarketcap.
sr. member
Activity: 1344
Merit: 253
Yes Market Is Slowly Recovering But Not All Altcoins Will Recover at once and in one rally but most of the altcoins will soon recover and now Nft Trend is running So Good Time to Buy Nft Coins And its important In crypto to buy rumors and its important to buy According to market trend so buy any altcoins be carefull and first do some research then invest.
for altcoins that can't keep up with developments, they may be abandoned by investors and traders, so they will stagnate or even drop in price even though most coins go up following bitcoin. therefore it is important to follow news developments to help our analysis so that it is not wrong in choosing coins
full member
Activity: 1190
Merit: 108
Whats OP said is trully right, even now at second bullish trend of Bitcoin in last two months, theres many factor cause why your investment did not recover when you just keep it in your wallet end not do scalping with your assets while its gain pump little by little.
But its okay when you put your investment in Bitcoin or Ethereum because as usual, their both price will increased year by year as usual, just put it in long term investment and its will profitable.
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