Be careful what you choose to invest in now, not all coins will recover. - page 2.

Slon55koz

member

Activity: 128

Merit: 13

www.fintropy.io

Quote from: lexkiee28 on October 14, 2021, 01:51:56 AM

Always remember that invest what you can afford to lose especially in cryptocurrencies because it is very volatile and too risky investing in it. Also, before you enter and invest to a certain coin make sure that you understand the use-case of it and if all the factors to consider is very realistic and attainable so you really to do your own research.

Investing in coins is associated with great risks, especially in conditions of high volatility of the cryptocurrency market. There are a huge number of coins and it is very difficult to choose exactly those that will give a good price increase in the future. Many people are guided by the reliability of the coin when choosing an investment and they are right. Top altcoins and Bitcoin have proven their reliability in the market and their ability to give growth after a fall. But you can also invest in other coins that are not so popular but obviously have good prospects.

Bikan

newbie

Activity: 72

Merit: 0

For the time being,I would suggest that it is preferable to be cautious rather than unhappy. Despite the fact that there are many coins that looks promising and, more importantly, appear to go with a large profit in a short period of time, I dont opt or rarely acquire them. Moreso, one can choose the assets that have been in the market for a longer period; while they may take much more time and yield a lower return, I believe it is easier to purchase them.

lexkiee28

full member

Activity: 368

Merit: 101

Always remember that invest what you can afford to lose especially in cryptocurrencies because it is very volatile and too risky investing in it. Also, before you enter and invest to a certain coin make sure that you understand the use-case of it and if all the factors to consider is very realistic and attainable so you really to do your own research.

rika0223

full member

Activity: 634

Merit: 128

Not all Altcoins and coins will recover as we imagine, but not all coins will also become a bear market, and it depends on the performance of the team and managers who hold (manage) the project, and many projects that offer tokens of the lure of the project will boom, but like the wind of heaven, in the end after we bought it until now it never went back up, the point is that every coin definitely needs to do a previous market analysis

Wawa2013

sr. member

Activity: 1666

Merit: 268

Quote from: SirLancelot on October 12, 2021, 01:20:09 PM

Quote from: vermigerous on October 12, 2021, 03:01:08 AM

It's definitely real, and i agree of not all coins you're going to invest would recover whenever it's price drops, it's just a lucky thing if it gets valuable from nothing, it you're inveating from it's lowest price it's not going to be huge lost, however if you start to invest from a single coin from it's high peak value, it's a fifty-fifty chance to recover if it's price drops. So, we should be thinking twice and carefully choose what to invest.

For first step if you are going into crypto world for investing and having profit please read all details about project team and then check product use case if you feel good then surely you can invest into this because right now we have too many scam projects which are running by cheater developers for pump and dumb they will never give you any better way in near future these can go into nightmare for you because after losing your funds you will never able to have these funds back into your wallet.

Currently, we have very few good projects, but they are not good at marketing so people's not able to have them in limelight just check white paper and then do your search and invest.

The key to being a successful investor, the first step is to find potential coins, for that we must do research first on some of the coins that we will buy.
Because choosing the wrong coins for investment will make us lose the capital we have, so no need to rush into the market. Always make sure
the coins we are going to buy are really good and have a good future. There have been many explanations on this forum on how to identify
potential coins, so if we don't understand how to identify potential coins, please study first. What's terrible about the crypto world is that most of
the coins in circulation are shitcoins, so we have to be careful in choosing coins.

LUCKMCFLY

legendary

Activity: 2632

Merit: 1883

Leading Crypto Sports Betting & Casino Platform

At this time I think it is best to go for safer currencies such as Solana and ADA, some investors register large profits because of this is that this article is rebounding especially for Altcoins investors, I know that Solana its maximum price was around 198USD , and ADA as it comes and goes, I think ADA is much more stable and when it rises I think it could surpass many altcoins.

Crypto Investments Products Record $225 Million Inflows With $ADA and $SOL Leading Altcoins

Quote

While Bitcoin recorded significant inflows, the second-largest cryptocurrency by market capitalization Ethereum saw $14 million of outflows, losing 1% market share of assets under management. Notably, CryptoCompare’s September 2021 Exchange Review has shown aggregate open interest in Ethereum-based derivatives products grew 4.7% to $5.8 billion last month, while open interest in bitcoin derivatives fell 3.7% since August to $11.9 billion.

Source: https://www.cryptoglobe.com/latest/2021/10/crypto-investments-products-record-225-million-inflows-with-ada-and-sol-leading-altcoins/

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: WeedGoW on October 12, 2021, 01:23:12 PM

Quote from: wissy on October 10, 2021, 02:47:11 AM

Unfortunately it still seem like the fastest profit comes from meme coins which is worrying. I dont like when there is a hype around unless shit coins, this always leads to bad things for crypto market.
Its even hard to get lucky with a real project lately since there are so many of them and good ones can get lost in all the white noise.

When the market bubble up meme coin then you know there is something wrong with it. I hope this 'meme hype' won't trigger a downtrend or leave a negative outlook for the whole crypto market. Any setback for unique and already have working products coin won't be long, only temporary. But for meme coins, they will not recover at all.

It won't because most of the people now inside this market already understand the risk,

If you still planning to invest with this kind of investment, the chance that you are bringing your nerve knowing that you can
Lose the amount that you use. More on trying to ride with the hypes and accept if you lose your invested money.

Quote from: Bonenx14 on October 12, 2021, 03:05:48 AM

Quote from: Galley on October 10, 2021, 12:15:34 PM

Everyone will never be able to recover, only the strongest will survive. And as we have seen more than once, only serious coins will feel normal. Many altcoins are becoming problematic.

It's clear because Altcoins that are not strong in the market and in cryptocurrencies will always be oppressed by others when they start to compete with others, even though in general this has been seen thoroughly in the past and makes it a lesson in the present.

Correct, without a strong foundation, the developers will just abandon the project and investors will have nothing to expect.

WeedGoW

full member

Activity: 274

Merit: 101

Quote from: wissy on October 10, 2021, 02:47:11 AM

Unfortunately it still seem like the fastest profit comes from meme coins which is worrying. I dont like when there is a hype around unless shit coins, this always leads to bad things for crypto market.
Its even hard to get lucky with a real project lately since there are so many of them and good ones can get lost in all the white noise.

When the market bubble up meme coin then you know there is something wrong with it. I hope this 'meme hype' won't trigger a downtrend or leave a negative outlook for the whole crypto market. Any setback for unique and already have working products coin won't be long, only temporary. But for meme coins, they will not recover at all.

SirLancelot

hero member

Activity: 2646

Merit: 582

Leading Crypto Sports Betting & Casino Platform

Quote from: vermigerous on October 12, 2021, 03:01:08 AM

It's definitely real, and i agree of not all coins you're going to invest would recover whenever it's price drops, it's just a lucky thing if it gets valuable from nothing, it you're inveating from it's lowest price it's not going to be huge lost, however if you start to invest from a single coin from it's high peak value, it's a fifty-fifty chance to recover if it's price drops. So, we should be thinking twice and carefully choose what to invest.

For first step if you are going into crypto world for investing and having profit please read all details about project team and then check product use case if you feel good then surely you can invest into this because right now we have too many scam projects which are running by cheater developers for pump and dumb they will never give you any better way in near future these can go into nightmare for you because after losing your funds you will never able to have these funds back into your wallet.

Currently, we have very few good projects, but they are not good at marketing so people's not able to have them in limelight just check white paper and then do your search and invest.

Bonenx14

sr. member

Activity: 1033

Merit: 250

Leading Crypto Sports Betting & Casino Platform

Quote from: Galley on October 10, 2021, 12:15:34 PM

Everyone will never be able to recover, only the strongest will survive. And as we have seen more than once, only serious coins will feel normal. Many altcoins are becoming problematic.

It's clear because Altcoins that are not strong in the market and in cryptocurrencies will always be oppressed by others when they start to compete with others, even though in general this has been seen thoroughly in the past and makes it a lesson in the present.

vermigerous

member

Activity: 489

Merit: 16

www.cd3d.app

It's definitely real, and i agree of not all coins you're going to invest would recover whenever it's price drops, it's just a lucky thing if it gets valuable from nothing, it you're inveating from it's lowest price it's not going to be huge lost, however if you start to invest from a single coin from it's high peak value, it's a fifty-fifty chance to recover if it's price drops. So, we should be thinking twice and carefully choose what to invest.

FulxilCoris

member

Activity: 123

Merit: 11

www.fintropy.io

Some coins like BTC, Ethereum, BNB, SOL, Trx and others will recover in the long term, what many investors should be worried about is the existence of new altcoins which are probably the ones that are growing. tend to stand still right now. Currently BTC price is gradually recovering, making the initial altcoins will be affected quite a lot because investors start using their money to invest in BTC this will make other coins no chance. Council rose copper during this time. so let's choose wisely which coin will recover if the market will bounce back I personally choose BNB , SOL and BAN.

leetcoiner

sr. member

Activity: 1056

Merit: 251

Quote from: ?? on ??

It is very important to create demand in the coin. That is why it is necessary how coin is developing, check the ecosystem of the project and the team of the project.

What you're saying is a very common thing for everyone to do on any new project, because without checking each one there's no way of knowing how far a coin has grown, so I don't think it's worth talking about.

Even if you study projects, this will not give you 100% confidence in the growth of this or that project.
Ultimately, everything always depends on where the market is globally. If Bitcoin is growing, then any project has a chance, if not, then only the strongest.

Bertyda

jr. member

Activity: 201

Merit: 1

Quote from: Iminingpro on October 10, 2021, 06:13:58 AM

Quote from: TmHsHel on October 04, 2021, 04:36:37 AM

A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

To have demand for a long time the coin must be useful people. It is very important to have a secure storage of data because now there is a big demand in storage of different information.

Now cryptocurrency market raise and many investors pay attention to cryptocurrency projects. But it is necessary to check everything before investing - the team, development of the project, and how it follows the roadmap.

SacriFries11

sr. member

Activity: 882

Merit: 253

Quote from: QueenVera on July 24, 2021, 04:05:25 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.

I thought that Buy Low Sell High is easy. But I got a problem with when to enter and exit the market, as well as what coin I must invest. Then there was a coin that from a very low price it pumps really good with a really good price just like some meme coin today. I got by this coin so I invested. Then I decided to farm it. That was 2017, bitcoin almost reached $20k but did not happened. It instead goes down so altcoins followed. The coin I invested becomes priceless and became unlisted. With this lesson, I prefer to invest in popular coins like eth and btc only. For some nft games, I want assurance first like knowing that my friend is really making money out of it.

Wahyuihib

member

Activity: 601

Merit: 10

Artemis

Quote from: Lantind on October 11, 2021, 07:54:05 AM

Quote from: wissy on October 10, 2021, 02:47:11 AM

Unfortunately it still seem like the fastest profit comes from meme coins which is worrying. I dont like when there is a hype around unless shit coins, this always leads to bad things for crypto market.
Its even hard to get lucky with a real project lately since there are so many of them and good ones can get lost in all the white noise.

Meme coins can also disappear in a matter of days when the dumps start to come to him repeatedly and simultaneously, so don't think that the meme coins can't be lost, because the durability of these meme coins is very weak in the market when there are few buyers.

If it's true as you say, we should be more careful in buying meme coins. Moreover, meme coins are currently very popular. and it's not impossible, the coin meme scammers will take advantage of this good situation.. right mate ?

Lantind

sr. member

Activity: 2324

Merit: 263

Quote from: wissy on October 10, 2021, 02:47:11 AM

Unfortunately it still seem like the fastest profit comes from meme coins which is worrying. I dont like when there is a hype around unless shit coins, this always leads to bad things for crypto market.
Its even hard to get lucky with a real project lately since there are so many of them and good ones can get lost in all the white noise.

Meme coins can also disappear in a matter of days when the dumps start to come to him repeatedly and simultaneously, so don't think that the meme coins can't be lost, because the durability of these meme coins is very weak in the market when there are few buyers.

Galley

member

Activity: 1274

Merit: 14

Quote from: ILuckyGuyI on October 10, 2021, 02:56:54 AM

Exactly, I agree with you. It must be already obvious for investors actually that there is no way to see all cryptocurrencies recovering. Some of them increase in a very short time and drop very sharply after some time. And they don't ever recover again as they are not very bright projects. Investors must be careful about this kind of projects. I personally go for the top coins mostly. Sometimes, I invest into promising projects like Solana also.

Everyone will never be able to recover, only the strongest will survive. And as we have seen more than once, only serious coins will feel normal. Many altcoins are becoming problematic.

Iminingpro

copper member

Activity: 145

Merit: 1

Quote from: ?? on ??

Quote from: TmHsHel on October 04, 2021, 04:36:37 AM

A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is very important to create demand in the coin. That is why it is necessary how coin is developing, check the ecosystem of the project and the team of the project.

To have demand for a long time the coin must be useful people. It is very important to have a secure storage of data because now there is a big demand in storage of different information.

Gayong88

member

Activity: 1540

Merit: 22

Interesting, I think it doesn't hurt to be careful, one thing, in my opinion, the choice of investment type, both long-term and short-term, is the choice of each and the token/coin that will be chosen. Yes, the present moment with the number of coins/tokens that are born every day has a positive meaning for the development of crypto as well, whether the profession of an investor or a trader is required to be observant in choosing.

My view is simple, apart from looking at some important points such as fundamentals, the function of the coin/token, and the big team behind the coin/token, they also always see where the market is going along with the supporting data because the main goal is to increase the value of the investment, not even stagnate.

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