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Topic: Be careful what you choose to invest in now, not all coins will recover. - page 18. (Read 2846 times)

legendary
Activity: 2366
Merit: 1206
I prefer old coins with strong fundamentals to invest in when the market is down. new coins run the risk of being useless and valuable and difficult to recover. we'll see how many coins in the pancake lose their value even die.
Even on my side, new coins which are good for short-term investment and are very risky might become a shitcoin after it's been listed.
Top 10 cryptocurrencies in the CMC that has a high volume which is considered good for a long-term investment, beyond that, you need to study and monitor its progress.

Just listen to the trend and always have your own research on it, IMO, the ICO's that has a good return is on the gaming sectors or those coin based on games.

@OP was right and I tend to agree, find your own research first before putting an investment.
The current market situation present an opportunity to research properly and invest wisely, take notes.
legendary
Activity: 1876
Merit: 4532
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.

If we are talking about investments, then let's try to learn how to use analytics
https://cryptorank.io
https://messari.io/

One of my any coins that Alameda sells to hamsters for a high price
https://cryptorank.io/ico/solana
You don't have to be hamsters. Learn to analyze, and if you have doubts, then it is better to ask for advice.

copper member
Activity: 966
Merit: 14
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.

You are correct, people should learn to do the right thing through having proper understanding and information of the coin they want to invest in. Buying low and selling high is a very nice strategy but what if you buy low and it keeps dumping or you buy low the team later exits scam; such person will not believe in that strategy again without knowing the problem is from him/her.
So in my own way, before even thinking of buying any coin which is in dip, make sure you know what the team have in stock for the community, their road map and how far they are working with it. If the team are actually active, then it means that they are working and the coin have a good future. But if they are silent without any tangible thing to shows for, then focus on another coin.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
It's sometimes we do rushing the market and buy cheap coins, I'd experience that before, and guess what, it still stuck on my wallet until today, and have no chance to recover. The price of the coin isn't just the only thing to consider when buying, as what I did now, I took the background check of that particular coins, do market analysis, and etc...

In general, we do the search first. That is the only way to save from easy loss or our chance to make a profit.


And most of the time, this is the reason why it is better to stick with top currencies like btc, eth. Because even during bear season, you very well know that they will still have the market. Most alts with weak foundation can easily be abandoned by their developers. Even projects with good use case, you can never be sure of their survival. So if you don't want to worry that one day, your coins lost its value, choose the top alts.
hero member
Activity: 2912
Merit: 613
It's sometimes we do rushing the market and buy cheap coins, I'd experience that before, and guess what, it still stuck on my wallet until today, and have no chance to recover. The price of the coin isn't just the only thing to consider when buying, as what I did now, I took the background check of that particular coins, do market analysis, and etc...

In general, we do the search first. That is the only way to save from easy loss or our chance to make a profit.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
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.

Indeed, there's a  lot project which offers tokens that booms only at first launch and after that everything will turn out to nothing and become worthless shitcoin in the long run. One day I went through that situation, nothing happens with the so called reliable project I've been through for so many years. So, it's very important to determine who will be our good prospects today and don't let my experience will also be yours because it's not easy on how to move on. Until now the price still not recovering, but we need to be strong and face reality.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
That's true, not all of the coins will recover just as what we see with other altcoins that have been through thick and thin of the market. There's no way for them to recover even if the bear market's gone. A sample of those can be found on the last pages of coin ranking sites.
You'll be surprised that plenty of them have been through that situation and never got the attention to recover as they're dying slowly.
hero member
Activity: 1106
Merit: 570
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.
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