Do we just invest in any altcoin? - page 4.

podluznyj

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Quote from: MainIbem on May 30, 2023, 08:30:43 PM

There is no guarantee you must make profit investing in a newly launched project or altcoin, the first poster already made it clear.
But if you like altcoin there are some of them that are trusted and reliable so just locate them and make your analysis to see if suitable with you or not, otherwise bitcoin is the best maybe if changing of mind then buy ETH, BNB, MATIC.

Yes, I agree, no one will give you a guarantee that you should make a profit from new projects. Well, as you said, if you like altcoins, there are many reliable ones, well, I will also say that in any case, bitcoin is the best option really.

bussybuddy

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We probably all understand the problem that investing in altcoins just for short-term profit is risky and not recommended, the crypto market is very volatile and volatile, investing in a coin just to make an instant profit can lead to loss and loss of money.

If you are looking for potential investment, do a thorough research on the project and find out the feasibility of that coin, you need to consider factors such as the vision of the project, the development team, the business structure. economy and community as well as the potential for future price increases. If you invest judiciously and focus on long-term investing, you can increase your chances of achieving sustainable returns.

AakZaki

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Quote from: riskarcher on June 05, 2023, 12:18:57 PM

Even you invest coin with potential project it will never change the coin will fall to the deeper. Developer are smart compared with investor for manipulation of project they created and also situation of market. Each coin have their phase for grow up but if the development of the product they not improve as well, only time will erase they existence. Think about what kind your investment for long term

It's different if you choose a top Altcoin that is already trusted. Just look at ETH which is the top altcoin and is recommended after Bitcoin. each coin does have a development phase, but the development of ETH continues. Crypto price fluctuations are normal, this is a cycle and it will always happen. Who can survive he will win.

BaeSuzy

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Do some research seriously before you decide to invest in any project, you cannot just invest in any random big altcoin in this crypto world. Atleast you understand the project, what project/services they offer and the team behind the project, so even though the project doesn't match your expectations in the future, at least you've tried your best to choose the right one.

Xal0lex

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Quote from: marcous on June 05, 2023, 06:57:06 PM

Quote from: Xal0lex on June 05, 2023, 02:35:35 PM

For the most part yes, altcoins are invested in by x's hunters. During the bull run there are really a lot of new projects that show crazy returns, which can sometimes reach x500-x700 in just a few months. Those who have monitored meta universes in 2021 will understand. Holding most altcoins for a long time is unprofitable, because many altcoins do not live longer than 3 years, they are quickly replaced by new altcoins, and so on in a circle.

We haven't seen a crazy increase of altcoins in the last two years after the IEO period ended, maybe only the altcoins from launchpad binance have high potential even though it only increased for a few weeks and eventually the altcoins will drop dramatically. I have ignored the hype on the new altcoins and am currently focusing on the top altcoins as the impact of a bear market will give a heavily discounted price of any top altcoin price.

On Binance, almost all IEOs are showing impressive growth. The problem is that participation in such IEOs is very expensive for an ordinary investor. You need to stake a lot of BNB to get a decent allocation. More often than not, you get a few dollars. The top altcoins are barely growing right now. Of the top cryptocurrencies bitcoin and ETH showed good growth this year, the rest of the top altcoins are not very happy. But PoW-altcoins gave good growth, much more profit than all these popular altcoins.

Lamkuthang

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Investing in altcoins requires caution and thorough research. Not all projects have long-term viability. Look for strong teams, innovative technologies, and real-world use cases. Consider partnerships, community support, and market demand. Altcoins may not survive market downturns. Diversify and manage risk. Long-term potential matters more than short-term gains. Seek professional advice for personalized guidance.

lienfaye

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Quote from: SmartGold01 on May 30, 2023, 07:38:09 PM

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.

It's usual for investors to find a new projects to give them huge return once the bullrun occur. Example is meme coins, if you happen to invest earlier when it's not yet popular then it managed to climb up after being hype, this can give the early investors huge return. However, it's not advisable because of the risk associated with it that you can lose your money if you buy at a wrong time.

Amyway to answer your question don't buy just any alts to gain huge. It's crucial that you have an idea about the particular coin that you'd like to invest in. Find coins that has potential and unlikely to be delisted in exchanges. If you want to join the ride investing in coins that can possibly give you huge return like meme coins then only invest what you can afford to lose. Because investing in these alts are more risky compared to investing in coins that are already existing for years.

marcous

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Quote from: Xal0lex on June 05, 2023, 02:35:35 PM

For the most part yes, altcoins are invested in by x's hunters. During the bull run there are really a lot of new projects that show crazy returns, which can sometimes reach x500-x700 in just a few months. Those who have monitored meta universes in 2021 will understand. Holding most altcoins for a long time is unprofitable, because many altcoins do not live longer than 3 years, they are quickly replaced by new altcoins, and so on in a circle.

We haven't seen a crazy increase of altcoins in the last two years after the IEO period ended, maybe only the altcoins from launchpad binance have high potential even though it only increased for a few weeks and eventually the altcoins will drop dramatically. I have ignored the hype on the new altcoins and am currently focusing on the top altcoins as the impact of a bear market will give a heavily discounted price of any top altcoin price.

Rampagoe004

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Altcoins have risks. They won't last long on the market. I have bought several altcoins and held them for years. The results were very disappointing. I lost a few dollars because they had dead alts. I think playing on altcoins is like gambling with your money.

Xal0lex

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Quote from: SmartGold01 on May 30, 2023, 07:38:09 PM

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.

For the most part yes, altcoins are invested in by x's hunters. During the bull run there are really a lot of new projects that show crazy returns, which can sometimes reach x500-x700 in just a few months. Those who have monitored meta universes in 2021 will understand. Holding most altcoins for a long time is unprofitable, because many altcoins do not live longer than 3 years, they are quickly replaced by new altcoins, and so on in a circle.

Japinat

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Quote from: Yamifoud on June 04, 2023, 05:44:04 AM

Quote from: libert19 on June 04, 2023, 03:20:25 AM

What you said is quite right, in bull market, everything pumps and can be said whatever one may invest in will yield profit however in bull market scams also tend to run high, that can cause you loss if too much heedless, just do necessary due diligence.

Remember to take profits, paper profits are not real profits. Good luck!

Invest with caution, that is what we are supposed to do, especially when the bull season is near as we can really expect a huge volume of new (scam) projects that tend to trick people but have promising words, yet to fail after.

We don't need to be afraid of risking in investing altcoins because they are profitable, in fact, sometimes it was more profitable compared to Bitcoin but it should be spent on projects that have use-case. Well, yeah, good luck on finding the gems, there's a lot of them around.

Yes, in terms of profits, altcoins are indeed having some boost in the past few years especially the top promising ones.

What we need to do is to filter some of it and make some research about it, and then study about the possible coins that could give us the profits that we wanted. It is sure not an easy job to do but it is a must thing to do so that our risks of loss are minimized and increases our chances to gain profits in the same time. And in the era we are in now, almost everything can be found in the internet and that is surely a great tool to help us in doing our own research.

riskarcher

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Even you invest coin with potential project it will never change the coin will fall to the deeper. Developer are smart compared with investor for manipulation of project they created and also situation of market. Each coin have their phase for grow up but if the development of the product they not improve as well, only time will erase they existence. Think about what kind your investment for long term

Godday

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Quote from: SmartGold01 on May 30, 2023, 07:38:09 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.

I honestly prefer coins that have been on the market for over a year. I know that when the market has entered the bull market there will be lots of Shitcoin projects trying to attract investors.
They seize the moment.
Therefore for me Altcoins remain a good option because there we can get returns up to ten times or more.
It is perfectly normal to have risk in any coins that exist. You just need to understand this risk and take it where you are ready to lose a few bunnies from your pocket...

Yatsan

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Quote from: IvugeoEvolutionCoin on June 04, 2023, 09:11:54 AM

Quote from: tazmantasik on June 02, 2023, 09:08:20 PM

During you can earn profit if not allowed for investing in any altcoin, but I have specific altcoin for investing and looking with current market standing position in 10th placed or not. No recommended invest in shit coins and coin under 100th position standing on coin market cap, usually ETH is my favorite altcoin for investing and consistent earn 3% until 5% in daily day depend when investing and time for selling. Not worth invest in any altcoin without research about their fundamental is potential coins or not.

Investing in altcoin requires some risk. Because there are some coins in altcoin which you can get more profit if you invest in them. But if you invest in wrong coin you can lose your money. So think before investing in altcoin. Invest. I think ETH and BNB are very popular coins and if you invest in them you will never lose money. So I thought to invest some money in them.

Every coin has its risk and potential. No coin will gige you assurance that loss won't come on your end simply because market price of cryptos are volatile in nature, as we all know. Altcoins in comparison with Bitcoin, has more volatile market price but follows the trend still. ETH and BNB are indeed good options but to be too confident with these altcoins, will never be advisable. Always expect for the worse case scenario simply to prepare yourself with sudden price changes and avoid panic whenever the market price is falling. Always manage the risk. Investment will only seem to be a gamble if you won't have any plan on your pocket.

icalical

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I may not a high member on this forum, but I am pretty sure that anyone with enough experience on crypto wouldn't just invest in a random coin. There are more shit and scam coin compared to the coin that actually good, so deep research is necessary. I won't deny that some people are buy shit coin and successfully gain some profit but you need a once in a lifetime luck to actually achieve that.

Lantind

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Quote from: Patrol69 on June 04, 2023, 05:59:05 AM

Apart from Bitcoin, there are some ALT coins that are promising to invest in. BNB Ethereum, MATIC these coins are very dependable coins among ALT coins.

Most of the Investors, taking place in Ethereum as well as Bnb, think about some other Altcoins that might exist, but what we generally see this potential in these two top Altcoins, because to be honest they prefer these two Altcoins, besides having very good quality This altcoin also has a large number of users.

nlovric

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Quote from: Patrol69 on June 04, 2023, 05:59:05 AM

Apart from Bitcoin, there are some ALT coins that are promising to invest in. BNB Ethereum, MATIC these coins are very dependable coins among ALT coins. And if these coins can be invested in then the risk will be very less. I think besides investing in bitcoins we should invest in some good ALT coins because some ALT coins can change very big at any time. BNB Ethereum, MATIC are the three coins I have a lot of trust in. If you are also trusting this coin then I think you will not be cheated.

Yes bro you are right there are several promising altcoins to invest in such as BNB, Ethereum, and MATIC, it is important to be cautious with each investment. Although these coins have shown potential investing in altcoins has its own risks. It is crucial to conduct in depth research assess market trends and consider factors such as project fundamentals team expertise and community support before making an investment decision. Also it is recommended to diversify the portfolio and include established cryptocurrencies such as BTC, ETH, BNB, ADA, XRP and other investments that have a proven track record and are considered profitable in the long term. At the end of the day investing in the cryptocurrency market requires a careful and informed approach to reduce risk and maximize potential returns.

Bolivar_Tony

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Depending on your strategy, I think you can have coins you can invest for long term and the ones you can invest for quick gains, it all depends, but when you are looking for a long term investment, avoid coins without much values.

jaberwock

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Quote from: v3liana on June 03, 2023, 01:36:04 AM

No, pick wisely. If you invest in any random altcoins i think isn't a good idea because during a bear market like this many altcoins fall and cannot survive. My strategy on this market situation i just DCA bitcoin and ethereum.
I know the profit that I will get if bull run happen will not be as big as investing in other big altcoins, but I'm okay with that.

Yes, we don't just invest blindly but we are investing wisely because if not, investing does not make any sense as we will only lose our money. In a bear market, everyone is affected but when there is a bull run, some random coins can get lucky to survive. It may be due to many people still believes on them so they continue to HODL and buy some more during the bear seasons.

In fairness, I like the strategy you mention there. I'm in fact doing it and my friends too. DCA must be the most popular strategy because everyone seems doing it. Don't worry bro, a small profit is still a profit. You know you worked hard for it so it will still look very valuable to you. And what big altcoins you are talking about? Ethereum is already the biggest. Bitcoin is also the biggest crypto. You don't need to look for others.

terencio

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Altcoin investing is a risky but rewarding venture. There are many factors to consider before putting your money into any project, such as the team, the technology, the market demand, the competition, and the regulation. Some altcoins may offer huge returns in a bull market, but they may also lose most of their value in a bear market. Therefore, it is important to have a clear strategy and do your own research before investing.

Topic: Do we just invest in any altcoin? - page 4. (Read 886 times)