Do we just invest in any altcoin? - page 2.

sulendra12

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Quote from: SmartGold01 on May 30, 2023, 08:38:09 PM

I really wants to know from the high members those I think that knows more than me on altcoin. I have came to understand that whenever we are heading close to bull or just say nearly we always have new projects launching on a regular basis to stand a chance to enjoy the bull trend as well I often noticed cmc are being flooded with shitcoins in other for them to attract investors, who will invest in their project to enjoy the full wave of bull market and after which there comes a delisting of many since they can't afford to meet up the exchange standard. Example of those exchange are Binance, any token or coin that got listed in their exchange without meet up to the standard they quickly gets delisted quickly.
Now my question is, do we just invest an altcoin to take advantage of the opportunity to make some x in return?
Because I know altcoin rarely survive the dip maybe after bull run.

You "could" invest on "any altcoins, there is no one to stop you because it's your money and people in here have been posted several occasions about "underrated" altcoins that make a move and make bigger profit than any top altcoins out there. but is it worth the risk though? especially for many users right here where it's difficult to them even to pick the right time to invest on top altcoins.

This is why indicators, analysis, research exists and little bit of common sense so you won't blindly invest on anything. Big profit on other coins are good on paper but if you can't handle the risk then just don't.

Ngemmeng

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Quote from: Iadegbola34 on June 10, 2023, 09:01:50 PM

It's true, during the bull market, we see a lot of new projects popping up, especially on CMC. Some of them are just trying to attract investors and may not meet exchange standards, leading to delistings. Investing in altcoins can be a way to take advantage of the bull market and potentially make some gains, but it's important to do thorough research and choose wisely. Altcoins can be volatile, so they may not always survive the dip after the bull run. It's all about finding the right opportunities and managing the risks. Good luck out there! 🚀💸

This all happened because indeed most of the new projects will be listed when the bulls arrive with the hope that their altcoin prices will also be affected by the bulls. they forget that after bullish comes bearish and they don't think about how to deal with bearish, this is the reason why many new projects can't survive and turn into dead projects.

lalabotax

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It will depend on what altcoins they are. I personally much prefer to invest in some altcoinss, but top coins. I have ada, drpd, ehh, BNN, and also matic. But actually I also have seberapa shitcoins which I don't intensitas to invest.
There are many people who are successful investing in new hype coins taat bring so many profits. But It is always high Riska because we will not really know what will happen to the New hype coins that mostly will drop very much after rising.
That is why once more if to invest on alt coins. i will prefer to only top coins aas ETH, BNN, ADA or others.

TimeTeller

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Quote from: lab10collective on June 29, 2023, 04:09:20 PM

Quote from: Amejoaquim on June 27, 2023, 11:32:37 PM

Absolutely not, not all of the altcoins can be survived.
If you just put your money into any alts i think is a bad idea.
If we look recently there so many big coins fall, like FTX and LUNA.
So pick your alts wisely.

Totally agree with you that one should always choose good and strong coins for investment, because not all coins can survive in the market for long. There are currently a large number of Altcoins in the crypto currency market. Not all crypto currencies can be trusted and investing in any project without research and information can lead to losses.

The coins you mentioned which were very strong projects at the time could crash so a lot of caution is needed here. This also proves that no matter how good and strong the project is, one should not always invest all their capital in one project. always divide your capital into different good projects so that in case if one of the projects fails, the rest of the capital is safe.However, great care is needed when choosing altcoins.

If one will seriously invest in alt projects, one should diligently assess the coin itself.
You will hear a lot of suggestions, fud and all, but at the end of the day, it is you who can evaluate if the project is worth looking at or not.
Many alts come and go, and so it is hard to determine the lifespan of such project, you can only see if its use case will give them longer lifespan or not.
Being here for years will give you idea if the dev behind the project is just for quick money or they have plans of developing the coin into a useful one.

lab10collective

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Quote from: Amejoaquim on June 27, 2023, 11:32:37 PM

Absolutely not, not all of the altcoins can be survived.
If you just put your money into any alts i think is a bad idea.
If we look recently there so many big coins fall, like FTX and LUNA.
So pick your alts wisely.

Totally agree with you that one should always choose good and strong coins for investment, because not all coins can survive in the market for long. There are currently a large number of Altcoins in the crypto currency market. Not all crypto currencies can be trusted and investing in any project without research and information can lead to losses.

The coins you mentioned which were very strong projects at the time could crash so a lot of caution is needed here. This also proves that no matter how good and strong the project is, one should not always invest all their capital in one project. always divide your capital into different good projects so that in case if one of the projects fails, the rest of the capital is safe.However, great care is needed when choosing altcoins.

Dessy88

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i think durning the altcoins market fail time we should bought good coin then need to want bull market. Basically it’s knowing everyone but yes if we are failed to buy good coin durning dumping market then we couldn’t maked profits properly. If we can't invest in altcoins then why we are here? Absolutely investment is only one way where we can make money from crypto world.

nyashenka

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Quote from: Amejoaquim on June 27, 2023, 11:32:37 PM

Absolutely not, not all of the altcoins can be survived.
If you just put your money into any alts i think is a bad idea.
If we look recently there so many big coins fall, like FTX and LUNA.
So pick your alts wisely.

The most important thing is that during the fall of the market not all the coins will be able to survive. During the fall of the market the price for coins is cheap but if the coin is not necessary to everybody it means that it will be cheap forever because nobody will use such kind of coin. You may lose all your money if you will not check the information about the coin and will invest in all the cheap coins.

Amejoaquim

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Absolutely not, not all of the altcoins can be survived.
If you just put your money into any alts i think is a bad idea.
If we look recently there so many big coins fall, like FTX and LUNA.
So pick your alts wisely.

Inspiron14

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Quote from: kevindjunaidi on June 25, 2023, 09:30:09 AM

of course you can invest in altcoin, especially since the current situation (the market is down) is very good for investing in altcoin, but I suggest only 20% of your assets are in altcoin and the rest is in Bitcoin, then you also better choose altcoin that are really good and great potential for the price to increase in the future (having useful projects and progress), my recommendation is:
1. Ethereum
2. Binance
3. Matic

Yes altcoins are always a good option besides investing in Bitcoin,
and as long as there's a good time to buy as much as possible to take advantage of it,
the coins you mentioned are certainly not in doubt and I think we can also do our own research to find other potential coins that are worthy of investment.

Blitzboy

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Quote from: DeathAngel on May 31, 2023, 08:02:15 AM

Low supply cap coins are always a good option. You want to buy early but not too early, you have to be aware of the risk involved with new very recently traded coins. Everybody wants to find the next Shiba Inu but it’s quite hard to do this. Sometimes it’s a good idea to buy somewhat established coins like ADA. Just make sure you DYOR & don’t invest more than you can afford to lose.

Crucial to remember, folks - a crypto's triumph isn't just about its finite supply. We've got to assess the blockchain project's vitality, market possibility, and the team's robust know-how.

We're all hunting for the 'next Shiba Inu', sure. But recall, this shooting star success, it's more anomaly than norm in the crypto cosmos. Coins like ADA? They bring some stability, yet they aren't immune to crypto's inherent dangers.

Remember the 'Do Your Own Research' (DYOR) gospel, folks. But diversifying your investments is equally key. As you rightfully point out, not to invest more than you can comfortably lose.

smile1218

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Investing in altcoins can be a great opportunity for diversification of portfolio and potential returns, but it's important to consider a few things before making decision. Research the altcoin that you are interested in thoroughly. Look into the project behind it, the team involved and whether there is a real world use case for the altcoin. It's also important to consider the market capitalization and liquidity of the altcoin, as this can impact its stability and potential growth. Consider the overall market condition. Altcoins can be more volatile than the established crypto currencies like bitcoin, so it's important to be aware of any market trends or events that could impact the value of your investment. Determine your investment goals and risk tolerance. Are you looking for a long term investment or a short term gain? How much you willing to risk? Understanding your own investment strategy and goals can help you make more intelligent decision.

detroitlions

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what do you mean any?
any alt coin sounds like a lazy work done on research
i cannot invest in any "hyped" coin
that's simply a waste of time, i'd rather spend couple days looking for the information

FrozenBit

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Quote from: SmartGold01 on May 30, 2023, 08:38:09 PM

(...)

IMO, the altcoin market is fraught with risks and challenges and there is no guarantee that every altcoin coin will appreciate or survive a drop. Also, there is no guarantee that a particular altcoin coin will achieve long-term success.
So, if you decide to invest in altcoins, choose coins with good upside potential, based on careful research of the projects and its technology. It is important to have a clear and sound investment strategy.
And it is not advisable to invest too much in a single altcoin coin, because this can lead to the loss of your money if the market drops or if that altcoin coin is not recognized in the community. Investing in altcoins is a risky activity and you need to do your due diligence before making any decisions.

kevindjunaidi

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of course you can invest in altcoin, especially since the current situation (the market is down) is very good for investing in altcoin, but I suggest only 20% of your assets are in altcoin and the rest is in Bitcoin, then you also better choose altcoin that are really good and great potential for the price to increase in the future (having useful projects and progress), my recommendation is:
1. Ethereum
2. Binance
3. Matic

TastyChillySauce00

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Quote from: gaston castano on June 10, 2023, 01:13:10 PM

and also read and find out what projects were featured at that time, for example when it was summer people would buy ice cream instead of drinking hot drinks.
because the trend will make us more quickly get our target.

It's very hard to predict. Like this time. Anyone was not even expecting the news from SEC to come but it was coming and destroy the market. binance as the largest crypto market has been targeting by SEC.

You can't even find out which trend that's gonna happen. It's quite impossible predicting the trend. None even expect if robinhood will delisting so many coins easily.

Coinworld.story

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Even if you invest coins with potential projects, coins will never change, they will fall, all need deeper research and at least every investor must have a basic understanding of technical and fundamental analysis.

Because the goal of investing is to get profits in the long term, in the end, developers are smarter than investors to manipulate the projects they create, especially in market situations. Each coin has a phase to grow but if their product development doesn't increase as well, only time will erase their existence. Think about your type of investment for the long term.

kapalmabur

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Quote from: IvugeoEvolutionCoin on June 10, 2023, 10:59:06 PM

Quote from: Iadegbola34 on June 10, 2023, 09:01:50 PM

It's true, during the bull market, we see a lot of new projects popping up, especially on CMC. Some of them are just trying to attract investors and may not meet exchange standards, leading to delistings. Investing in altcoins can be a way to take advantage of the bull market and potentially make some gains, but it's important to do thorough research and choose wisely. Altcoins can be volatile, so they may not always survive the dip after the bull run. It's all about finding the right opportunities and managing the risks. Good luck out there! 🚀💸

Now is the right time to invest in Altcoins. I thought of investing from Altcoins to ETH and BNB. But investing in Altcoins has the potential to make gains as well as losses. So always invest in the right coins. If you choose a wrong coin If taken then there is a possibility of losing the invested money. We have to take the right action at the right time. We see good coins fall victim to scams and lose our money.

You are very brave if you invest right now into BNB, because we all know that BNB is currently experiencing problems,
so it's better to avoid it, it could be that the BNB price will continue to dump until a bottom is reached, and it is still unknown when.
at a time like this maybe you can find or buy an altcoin that doesn't have a problem.

IvugeoEvolutionCoin

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Quote from: Iadegbola34 on June 10, 2023, 09:01:50 PM

It's true, during the bull market, we see a lot of new projects popping up, especially on CMC. Some of them are just trying to attract investors and may not meet exchange standards, leading to delistings. Investing in altcoins can be a way to take advantage of the bull market and potentially make some gains, but it's important to do thorough research and choose wisely. Altcoins can be volatile, so they may not always survive the dip after the bull run. It's all about finding the right opportunities and managing the risks. Good luck out there! 🚀💸

Now is the right time to invest in Altcoins. I thought of investing from Altcoins to ETH and BNB. But investing in Altcoins has the potential to make gains as well as losses. So always invest in the right coins. If you choose a wrong coin If taken then there is a possibility of losing the invested money. We have to take the right action at the right time. We see good coins fall victim to scams and lose our money.

Iadegbola34

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It's true, during the bull market, we see a lot of new projects popping up, especially on CMC. Some of them are just trying to attract investors and may not meet exchange standards, leading to delistings. Investing in altcoins can be a way to take advantage of the bull market and potentially make some gains, but it's important to do thorough research and choose wisely. Altcoins can be volatile, so they may not always survive the dip after the bull run. It's all about finding the right opportunities and managing the risks. Good luck out there! 🚀💸

bittick

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proper analysation should me made first, if you just invest blindly then whats the difference with just gambling away your money.
if you wanna invest in altcoin make sure team is legit, the project have good quality and good partnership, that's the basic of determining good project right away.

Topic: Do we just invest in any altcoin? - page 2. (Read 813 times)