Do you love and enjoy taking risk? - page 11.

ElmedoRator

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

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?

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.

MiF

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

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?

I think altcoin has a good future but without bitcoin it will also dried up, i think most of the altcoins are bitcoin dependent that is why if bitcoin suffers the bear market altcoins are the most affected so if i were you i will invest in bitcoin directly, alternative coins are just a second option for me.

AakZaki

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Quote from: raidarksword on March 24, 2023, 09:22:57 AM

Be here in the crypto was already a risk and every day we are facing the risk that's why it's an enjoyable ride because we didn't know that happen tomorrow. As of altcoins, buy last year was good hence it was down since the last bull run ended and this year surely will be the recovery mode of it. With bitcoin being the topic, then altcoins will always be dependent of bitcoin's actions no matter what. So, bitcoin will decide the future market of altcoins you bought.

If Bitcoin determines the market price, why not just enter Bitcoin, instead of having to enter altcoins which still have a high risk of loss. Some altcoins have good potential, but the rest are trash altcoins and will not survive in the market. Cryptocurrency has a high risk, so don't get used to this risk, you have to minimize the risk by learning all the knowledge needed in crypto. Learn how to control yourself well and not fall for scammers' traps

Ludmilla_rose1995

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

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?

I know how disappointed you feel in the altcoin you bought because it's not easy to forget a loss of investment. I myself don't really care about altcoins because I believe altcoins are not good for long-term investment, altcoins are only suitable for short-term investment.

ANSEL_2.0

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You have taken unnecessary risks on projects that doesn't matter anymore, only tron project is fair on your list OP, I don't think the rest will survive this bear market, it would have been better if you took the risk on Bitcoin, as you can see, it's the only rightful performing digital asset right now, I would have exchange those tokens to Bitcoin or even Arbitrum, this project has some potential.

ichsan ardi

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

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?

the future of altcoins without Bitcoin is difficult to predict because many factors influence it. However, some altcoins have shown significant growth and are technologically more advanced than Bitcoin, and regulation can also affect the future of altcoins.
example Ethereum has become a popular platform for decentralized application development, and has a strong network of smart contracts.

raidarksword

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Be here in the crypto was already a risk and every day we are facing the risk that's why it's an enjoyable ride because we didn't know that happen tomorrow. As of altcoins, buy last year was good hence it was down since the last bull run ended and this year surely will be the recovery mode of it. With bitcoin being the topic, then altcoins will always be dependent of bitcoin's actions no matter what. So, bitcoin will decide the future market of altcoins you bought.

uche6215

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As a human, we must take risks in life no matter what, why because risk is part of living even as we live by day we also risk our self in one way or the other.
You explained how you risk your little money on other coins, thats risk, but even in the local market were people do trade goods they also risk a bunch while trading there interests too, and last of all risk teaches the takers more idea.

bussybuddy

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

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?

The problem is that you made the mistake of talking about this market, because it's not just about altcoins, and you've probably seen how important btc is.
If you only focus on altcoins then just focus on it, and don't bring other problems, because they all have their own bull cycles, so make sure you do your research on altcoins. there. And make sure you manage your capital as safely as possible until you accept more risk. The opportunity to get a lot of profit with altcoins is sometimes not too complicated, it's just how much patience you have with the information from the market.

ivankoh

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

What future do we really hope for altcoins without bitcoin?

Reality doesn't change the way history is made. Bitcoin deserves its place under the birth of the crypto market, bitcoin fulfills the aspirations of freedom, decentralization, creating a better sense of sovereignty that people have the right to use/accumulate, speculation… I still don't know if you hate bitcoin or why expect it.

GreatArkansas

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

(....)
What future do we really hope for altcoins without bitcoin?

Let's just accept the fact that altcoins will not survive if there's no Bitcoin. If Bitcoin will fail, I am very positive that the entire cryptocurrency will fail too.
Bitcoin dominance says at all, which right now we are around 46% Bitcoin dominance for the entire cryptocurrency market cap, that's extremely huge!
That's why it's very advisable if you are planning to buy altcoins, you should not forget buying Bitcoin.

goaldigger

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

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?

I'm willing to take the risk as long as its a good project, but looking at your given list I think i will not go for that risk.
Bitcoin is Bitcoin, there's no doubt about this but altcoins will also have its run along with Bitcoin so these two compliment each other so better to have both of this for your future goal. Good altcoins are doing great today, as we can see there's a good hype in the market and this could push the bull market into reality this year.

NdaMk

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

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’s certainly no future in cryptocurrency without bitcoin. The entire cryptocurrency follow bitcoin trend and only rises above it whenever there’s hype. I don’t tell investors to stop buying Altcoins but do not throw all your money on it just to make huge profits, you might wake up seeing it dead. If at all one most go into Altcoins it should be the top ones. Buying the rest seems like a gamble

tygeade

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Quote from: Marykeller on March 23, 2023, 09:45:21 AM

Not all cryptocurrency risks are advantageous. There are risks you'll take where you'll lose money, and there are risks you'll take where you'll make money. As far as I can advise, take the risk you can stand should your investment fail

Is altcoin not unpredictable the way Bitcoin is? How do you think altcoin will favor you over Bitcoin? In case you don't know, the whole crypto market is unpredictable. It's really bad of you to invest in something you don't even understand without DYOR.
[/quote]
In case we fail and got no money, I think we can still get a lesson which can help us to improve so in the end, we still didn't lose any. Risks are quite scary or dangerous but it's better to take them than not doing any actions and just stick only on our comfort zones because we will never have the chance to grow this way. There are alts who are more stable than in Bitcoin, this is the reason why some of us thinks they are more predictable.

The OP is only wrong there because he purely rely on his instincts and he lacks research so he ended up picking the wrong coins. He is still lucky that he invested on ETH and Tron because these two coins aren't really that bad and there is a chance that they can recover.

Johnyz

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

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?

Taking risk is another thing, and with altcoins either you will choose good project or the new project with a lot of risk.
The market is too dependent to Bitcoin, Altcoins can pump that much without it, let's just accept this fact. I'd love taking risk as long as I analyze the project before making any decision, risky project can be rewarding as well all you have to do is to analyze and do your own research before trying anything.

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

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?

I am all for taking a risk, that's why most of us are in here. Big risk big reward. And i totally understand buying ETH, that isn't even that risky, but those other coins and tron?
You should maybe go and browse whitepapers of other coins before investing to some obscure low caps. I mean they are risky, but can you name one reason why would they grow in price?

Obviously it's your money and you could be right for all i know but that does seem like you were investing blindly into just something.

carlfebz2

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

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?

Bitcoin or altcoins, it doesnt really guaranteed out if we do speak about future but one things for sure that these things could give out the opportunity for you to make some profits but some people do consider out

on taking altcoins considering that it could potentially give out more.The last cash on where you did put in is somewhat considerable rather than making yourself that focused on low caps or degen coins.

If you are already that aware on how this market works then these dumps and crashes arent really that shocking anymore to you since it wont be called a market in the first place if
there would be no dips and crashes as we do know.

Jody.Drummer

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You said that bitcoin is unpredictable when buying altcoins, so when did you think that altcoins were predictable?
All investments have a risk, but we have to sort out which one has a lower risk. And if so then I think you can determine which one has the lower risk. Even if we have to invest in altcoins, it's best to choose altcoins that can be seen so far.
I hope you are not discouraged by what you are experiencing, you should make this a lesson that not all altcoins are reliable.

Digital_Lord

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Taking risk sometime become a cause of failure, I don't say that due to a fear of risk we should not take forward step towards success but I want to say that never compromise with your money because it comes with hard work and once you lost it so it will be difficult to recover it back. I will suggest that making investment in those token which have little hazards and don't die when market become low will be better like that of bitcoin. In crypto investment risk is present with each coin but with stable coin and bitcoin we should accept this sort of risk.

$crypto$

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If you don't understand how it works, why would you buy an altcoin that is clearly a higher risk than bitcoin?
Everything is difficult to predict for price movements, it's just that you take a bigger risk so ignore bitcoin because it's an important asset especially for beginners, in my opinion it's the wrong decision while I don't want to take bigger risks while we ourselves don't know their system works then it's better to choose bitcoin as a long-term asset than altcoin.

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