Do you love and enjoy taking risk? - page 10.

Myleschetty

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Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

Every cryptocurrency investor that doesn't enjoy taking a risk will make the needed profit but what is important is how you take the risk and I believe you have made the wrong decision.
If Bitcoin is still unpredictable and its trend will determine the momentum of other cryptocurrencies in the market why not choose instead of Meme coin and Tron hardly make $1 price?

doomloop

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Quote from: ElmedoRator on March 25, 2023, 06:06:32 AM

You have made a fundamental mistake in this market, your case is contradictory when last month you saw a better opportunity with altcoins than btc.
The fact that many people come to the market but only follow the advice of friends and relatives without studying what they are doing with the market, it is risky to hold money to invest like that. And I think you need to stay calm to reassess your current loss and see a new plan to fix this.
Personally, I have always prioritized BTC in the crypto market and only allocate a small amount of capital to top altcoins when the market is down, and will DCA them with money from main outside work. And when the market rallies I look at altcoins with ongoing trends.

The reason why investing in altcoins is that you never know what the outcome will be. If you do your research and analyze a project before making an investment, that might make your investment less risky but even after that, it will still be a risk. Those who don't do any research and analysis before investing in altcoins will probably face the consequences.

As you said, the best way is simply to choose Bitcoin as the main asset for investment and then spread the remaining capital among the top and trusted altcoins out there, like ETH, BNB, LTC, and many more.

Sweetbtc

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Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

There is no doubt that there are many small coins that can be trusted very little.Because there are many projects that do not make any progress after investment and are running at the price at which one buys.Rather, some even fall below the purchase price.And when the market is moving upwards, no change occurs in the coins of these projects.But still there are great and good projects in the market which can be good investment even though they are new and where you can earn more profit with less risk.Because the cryptocurrency market is a market where risk is always present.But instead of investing in one cryptocurrency, if you invest in different crypto currencies, your risk can be reduced. Even if one project fails, you can get a good return if the other projects succeed.So by following a good strategy you can have the best profit policy even within small coins.Because risk exists in every business, but with the best planning and strategy, you can reduce your risk.Small cryptocurrency projects can also give you huge profits if successful.But for that you have to get complete knowledge about these projects.

huu78

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I like to buy altcoins when the market is improving, or there is fomo about a coin, but unfortunately lately I often get liquid because of trading leverage, there are things that I understand from there, but I still have to raise capital again.

FairUser

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Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

A valuable lesson for you, you know when the market is at its best, just buy bitcoin, because just imagine the market then if bitcoin drops further, how will altcoins affect and fluctuate .
Even so, don't be too sad, see everything is over and you need to think more positively, especially now that the market is showing many positive signs, the price is better than a few months ago. so many. So what you need to do is to prepare yourself a good plan so as not to miss the next bull cycles.

Husires

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The problem of investing in altcoins is that it is not considered a diversification of investment because its price movements are linked to the price of Bitcoin, and therefore it is similar to the movement of Bitcoin if it rises or falls, then its role in investing is in speculation, as you will try to trade quickly in order to withdraw your money from Bitcoin to alternative currencies, So it's not a buy-and-hold medium-term or long-term model.

if you are a good trader you can speculation with price difference in short term.

libert19

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Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

What future do we really hope for altcoins without bitcoin?

Alts owe their existence to Bitcoin, without Bitcoin most of them will die. However, there are some like ethereum which would probably do fine without btc.

I wish I could give more examples, but I think only ethereum will survive.

TheGreatPython

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Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

Well, though it's sometimes become important to take risks to see what the outcome would be, it is not good to go very hard about it. Taking calculated risks should be enough to have an understanding of how different tokens and markets work and whether you can earn any profits from them or not if you were ever to invest larger sums on them.

Bitcoin is no doubt the king of the market, and almost every single altcoin follows its trail whether it goes up or comes down. So it is wiser if a person invests most of their capital in Bitcoin and only a small percentage in altcoins.

bitkanu

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such decision of taking risk in investing should also be accompanied with the fact that you are responsible enough in doing yourself a favor of not going all in, only use money that you could afford to lose then it's gonna be fine.
if you're going all in and eventually you become broke, then that's just gonna be silly decision.

Woodie

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Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable.

Just for the record, altcoins are as unpredictable as Bitcoin if anything might as well be worse as they wait for Bitcoin to react or the alts to be manipulated.

Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

Just hang in there your portfolio will bounce back.

Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

What future do we really hope for altcoins without bitcoin?

All I know is that altcoins will always perform better than Bitcoin, but the problem is finding or catching the altcoin with the biggest gains...but all in all alts still hold a special place in the cryptospace as they fill the gaps that Bitcoin can't fill.

crzy

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Quote from: yhiaali3 on March 25, 2023, 03:46:34 PM

There is no future, Bitcoin is the main driver of all these altcoins, altcoin always follows the movement of bitcoin because it is the market leader.

It is not wrong to take risks by buying some altcoin but be careful not to buy large quantities, it is better to buy a few altcoins with only a small part of the capital, but do not hope to reap profits quickly you have to wait a while.

There’s no rush in making profit, it should be based on timing and trend as well.
Taking risk is not easy since you are going to invest with your money so it should be based on fact and not just based on any signal. Always do your own research, and if you can’t take the risk don’t force yourself to do so just invest on what you can afford to lose.

yhiaali3

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There is no future, Bitcoin is the main driver of all these altcoins, altcoin always follows the movement of bitcoin because it is the market leader.

It is not wrong to take risks by buying some altcoin but be careful not to buy large quantities, it is better to buy a few altcoins with only a small part of the capital, but do not hope to reap profits quickly you have to wait a while.

super bako

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Quote from: FrozenBit on March 25, 2023, 10:55:14 AM

Quote from: super bako on March 25, 2023, 09:02:29 AM

taking risks makes us develop and form character, indeed bad risks are not good. but if I am still in the comfort zone there will be no self-development. it seems a lot of people have failed in investing or anything that makes money. all the risks that come can be a big lesson so that we are more advanced

Try to stay positive with you, as I realize that theory with reality is not the same in many investment situations and especially in a market as complex as crypto.
We can easily buy anything and wait for the opportunity to profit from it, although I think that in the process of learning and researching there is no guarantee that we will not make mistakes. And as someone who has ventured with a lot of shitcoins, I find that building and managing initial capital is very important in the process of investment, risk or safety, all based on the most basic elements of capital management.

at least reduce the risk and how to research the project, entering crypto is not easy. it takes a lot of experience and a lot of time. unlucky days or risks are always not far from life, but with the experience that has been learned this will make us more aware, such as avoiding FUD, inappropriate HYPE. speaking must be in accordance with the actions we do

DevFile90

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Quote from: imamb on March 22, 2023, 04:06:44 PM

if you bought altcoins last month it was the right time, because altcoins are in a good position now. last month bitcoin was still on the bottom, and now it's on top. In my opinion, it's better to take bitcoin, ethereum, BNB coins that are certain and have a small risk, not too big like shitcoin baby doge

Altcoins are bleeding as we speak, I think there is no good bad time to buy altcoins right now, we really can't confirm if bitcoin has already hit the bottom or it's just getting started but with DCA there shouldn't be any problem unless you have a short term goal, some new altcoins will be coming and they will be better than past top projects in 2021, do your own research.

@sriyan

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Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

There is no future without bitcoin. All the altcoins depend on bitcoin due to the money flow of the crypto market. On the other hand, before investing in literally anything, we need to do thorough research on how will this produce revenue out of the money we invest.

jacafbiz

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No risk, no reward, for me if you are starting out in Crypto and you have small capital, you do need to touch Bitcoin or any of the top coins in the space, do your research and invest in projects with less than $5 million Marketcap, this is where you can make money. You have small capital and you can't make a life-changing profit investing in Bitcoin or any of these top coins reason is that the ROI is not that high gain.

ethereumhunter

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Altcoins still have a future but unfortunately, we don't know which altcoins can still survive the competition among altcoins. Bitcoin is still going up and down and that's why a lot of altcoins can't keep up with bitcoin. I think ETH can still survive but for other altcoins, I don't know because it depends on the community support of each project. Maybe later, after the altcoin season comes, there will be many altcoins that can increase due to community support and until then, the condition of the altcoins will probably remain as it is now. So if you are thinking of investing in altcoins, you have to be really careful about finding the right ones; if you can't, it's better to invest in bitcoins instead.

FrozenBit

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Quote from: super bako on March 25, 2023, 09:02:29 AM

taking risks makes us develop and form character, indeed bad risks are not good. but if I am still in the comfort zone there will be no self-development. it seems a lot of people have failed in investing or anything that makes money. all the risks that come can be a big lesson so that we are more advanced

Try to stay positive with you, as I realize that theory with reality is not the same in many investment situations and especially in a market as complex as crypto.
We can easily buy anything and wait for the opportunity to profit from it, although I think that in the process of learning and researching there is no guarantee that we will not make mistakes. And as someone who has ventured with a lot of shitcoins, I find that building and managing initial capital is very important in the process of investment, risk or safety, all based on the most basic elements of capital management.

super bako

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taking risks makes us develop and form character, indeed bad risks are not good. but if I am still in the comfort zone there will be no self-development. it seems a lot of people have failed in investing or anything that makes money. all the risks that come can be a big lesson so that we are more advanced

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Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

What future do we really hope for altcoins without bitcoin?

Without bitcoin, you dont expect anything on this market to thrive. Because if it is not for bitcoin, we do know that altcoins wont be going that far.

And when I say wont go that far, it is for real because it is a give and take but not all altcoins will go afar.

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