Don't invest Heavily ALT now - page 2.

Fredomago

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Quote from: TastyChillySauce00 on October 24, 2022, 08:00:36 AM

Quote from: dlightag on October 23, 2022, 05:26:47 PM

You're making a point, because the Bear market some Alt-coin may not be able to succeed because of dip in the market, which is good to invest on Bitcoin and have a rest of mind as an passive income for a long term holding investment.

True but when you were always feeling worry to invest during the bearish market and then you will never become a millionaire. There are so many legit alts in the market that can be bought heavily as long as if it does have a good fundamental. I think that people were not wanna taking the risk and this is a problem. Some people may play safe compared with others who sometime go all in alts. The profit that will be generated by both will be different.

The take of those unsure investors will always be different from how the risk takers are calling their position, those who knows and believes that the market will bounce back will seek for good alts that may give them huge benefits, while those who are lazy will not take anything as they will try to wait for more dump before deciding unluckily before it happen the bull already take over and pump the market.

And sadly, they will buy when the market is already pumping and lose a lot when the correction takes place.

Be precise about how you really understand the market. Don't take it if you are unsure, but be wise in making your decision to spare some
amount who knows you might pick the right alt right?

pawanjain

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Nothing lasts forever

I personally believe in investing in potential established altcoins which can generate growth in the long term.
I don't usually prefer in investing in altcoins for short term gains. But yeah, if I do get the opportunity then I don't mind putting a little amount for short term as well.
But most of the times I buy coins and keep doing DCA for long term and my bucket list mostly contains BTC, ETH, SOL.

cryptomaniac_xxx

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Quote from: thethaothientruong on October 24, 2022, 05:36:59 AM

Hello. In your opinion, how should I invest at this time & what code should I invest in? Thank you.

It's really hard to give financial advise mate, you have to do your own research (DYOR).

Quote from: ?? on ??

It is better not to invest by borrowing even if we have a monthly income and can afford to pay those loans. Because investing with borrowed money will make our psychology uncomfortable, create a lot of pressure for us, which leads to wrong decisions. Investing with our idle money we will feel comfortable and our thinking ability is also better. Should only invest when we are ready, should not rush, the market is always there.

Not really advisable to do that, taking a loan and then investing it on crypto. Although that I have heard some advise to go for this route because at least you are not going to put money right away, for me it's not good because of the uncertainty. Even if you have a good job, it is secure enough? So it's better to just invest what you can afford to lose. At least there is no pressure whatsoever, if by chance your investment returns ten folds then good for you.

TastyChillySauce00

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Quote from: dlightag on October 23, 2022, 05:26:47 PM

You're making a point, because the Bear market some Alt-coin may not be able to succeed because of dip in the market, which is good to invest on Bitcoin and have a rest of mind as an passive income for a long term holding investment.

True but when you were always feeling worry to invest during the bearish market and then you will never become a millionaire. There are so many legit alts in the market that can be bought heavily as long as if it does have a good fundamental. I think that people were not wanna taking the risk and this is a problem. Some people may play safe compared with others who sometime go all in alts. The profit that will be generated by both will be different.

thethaothientruong

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Hello. In your opinion, how should I invest at this time & what code should I invest in? Thank you.

Yamifoud

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Quote from: bitzizzix on October 24, 2022, 04:56:19 AM

Obviously bitcoin is the best and safest among all cryptocurrencies especially for the long term, and prioritizing bitcoin is the best option but that doesn't mean some altcoins are unprofitable to do so in the long run.
I still trust some of the top and oldest altcoins I own besides bitcoin and all for the long term, and for bitcoin I do DCA during the downturn because it's a great time to grow ownership gradually.

Yea, some people might misunderstand and generalize that altcoins are shitcoins because we still found potential coins.
But of course, having more share funds allocated to Bitcoin is a great idea. Apparently, this is what I always do for many years because the risk is not quite high compared to putting huge amounts into altcoins. However, it was not all about investing potential coins, not even it gives 100% assurance to have ROI but also matters the way we manage our investment.

bitzizzix

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Quote from: kotajikikox on October 24, 2022, 02:32:25 AM

Quote from: jaberwock on October 23, 2022, 12:28:23 PM

Quote from: kotajikikox on October 22, 2022, 01:53:48 AM

Quote

Most Alts vanish in a bear market, the main reason is no fundamentals.

There are two methods you can invest, 1) RSI Based 2) DCA(dollar cost average)

I self going to invest in Alts after 2024.

There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.

DCA is what I am using, but also I am still In HOdling though in bear this isn't really applicable but good to purchase .

A1 projects seems to be protected and safe, waiting to invest in one.

I would say it is wise to invest into bitcoin heavily, that way you would be able to actually make some profit and also have less security risk as well, it would be a smart decision for sure, and would be much better compared to other coins.

And this is what I'm doing mate and what i did even in the past , I agree that if we wanted a safer and worth trusting investments? and that is into Bitcoin and not for all altcoins. there are several that I agreed worth trusting but still bitcoin would be the best and better for larger fund to put into.

Obviously bitcoin is the best and safest among all cryptocurrencies especially for the long term, and prioritizing bitcoin is the best option but that doesn't mean some altcoins are unprofitable to do so in the long run.
I still trust some of the top and oldest altcoins I own besides bitcoin and all for the long term, and for bitcoin I do DCA during the downturn because it's a great time to grow ownership gradually.

kotajikikox

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Quote from: jaberwock on October 23, 2022, 12:28:23 PM

Quote from: kotajikikox on October 22, 2022, 01:53:48 AM

Quote

Most Alts vanish in a bear market, the main reason is no fundamentals.

There are two methods you can invest, 1) RSI Based 2) DCA(dollar cost average)

I self going to invest in Alts after 2024.

There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.

DCA is what I am using, but also I am still In HOdling though in bear this isn't really applicable but good to purchase .

A1 projects seems to be protected and safe, waiting to invest in one.

I would say it is wise to invest into bitcoin heavily, that way you would be able to actually make some profit and also have less security risk as well, it would be a smart decision for sure, and would be much better compared to other coins.

And this is what I'm doing mate and what i did even in the past , I agree that if we wanted a safer and worth trusting investments? and that is into Bitcoin and not for all altcoins. there are several that I agreed worth trusting but still bitcoin would be the best and better for larger fund to put into.

borovichok

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Quote from: asriloni on October 23, 2022, 06:30:49 PM

Quote from: Wong Gendheng on October 21, 2022, 06:48:56 AM

The thing we must understand that investment is always at risk including cryptocurrencies, moreover we know that cryptocurrencies are investments like roller coasters so that do not ever invest with money in large sizes, better relaxed and investing only money we usually consider lost.

this is true, I think by investing using the money that we could consider not needed, etc we gonna make better decision than using some borrowed money mainly because we aren't within some pressure which mean we could make decision wisely, I think it's the basic of investing that everyone should know and understand since it could save us from losing.

Investing in crypto is highly consider risky but one needs to go through certain risks inother to achieved targets set .We should invest what we can afford to lose rather than investing what will shake us financially when the project don't come through as expected. Investing in altcoins right now is the simplest measures one have to triggered because we can't be waiting for bull run of Bitcoin and Ethereum. Altcoins always make it to the moon and a trader can easily make 50x of his capital or anything 300x depending on the quantities he or she bagged. I'm taken my chances and have already bagged some for next year bull run.

agustina2

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Quote from: udayantha11 on October 11, 2022, 12:11:05 PM

Most Alts vanish in a bear market, the main reason is no fundamentals.

There are two methods you can invest, 1) RSI Based 2) DCA(dollar cost average)

I self going to invest in Alts after 2024.

We have different on what's happening in a certain market trend.

If we think a certain strategy that is a product of our analysis is the best thing to do, there's nothing wrong to test it.

Our experience will teach us to form a strategy in every trend that we encounter while we move forward.

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Quote from: asriloni on October 23, 2022, 06:30:49 PM

Quote from: Wong Gendheng on October 21, 2022, 06:48:56 AM

The thing we must understand that investment is always at risk including cryptocurrencies, moreover we know that cryptocurrencies are investments like roller coasters so that do not ever invest with money in large sizes, better relaxed and investing only money we usually consider lost.

this is true, I think by investing using the money that we could consider not needed, etc we gonna make better decision than using some borrowed money mainly because we aren't within some pressure which mean we could make decision wisely, I think it's the basic of investing that everyone should know and understand since it could save us from losing.

using loan for buying cryptocurrency was high risk,except we have regular salary that coule cover its payment in every month and fill our needs. Some investor take this high risk strategy due they have monthly salary or business which its income used to other part.but not all altcoin should buy ,we must take only major coins.

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Quote

if I am sure of is that the list of the first five coins will definitely not change and will remain the same, I do not think that a new product will appear in a year that will be able to displace old projects

That's a good point of view, if anyone want to always stay safe by stay with top coins although those are alternative. If you compare first five coins to previous years, You'll always find new coins except ether. Furthermore its your own thoughts to investment with topcoins but others investors doesn’t think such way otherwise other altcoins never have existence with their big marketcap

asriloni

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Quote from: Wong Gendheng on October 21, 2022, 06:48:56 AM

The thing we must understand that investment is always at risk including cryptocurrencies, moreover we know that cryptocurrencies are investments like roller coasters so that do not ever invest with money in large sizes, better relaxed and investing only money we usually consider lost.

this is true, I think by investing using the money that we could consider not needed, etc we gonna make better decision than using some borrowed money mainly because we aren't within some pressure which mean we could make decision wisely, I think it's the basic of investing that everyone should know and understand since it could save us from losing.

shinratensei_

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Quote from: ?? on ??

To succeed in becoming an investor in Cryptocurrencies, of course, has a strong financial, many people think that when buying then a day, or a week the price will rise and profit, when they wait and the price continues to decline they panic so that it sells at a low price, the key to investment success in Cryptocurrencies is buying and thinking that what we buy will be lost because of loss.

actually agreed with this one, if you are investing for long term, even if you need to wait until 2024 until the next bullish run, it's not gonna be a big deal, but if you think that after investing you just need to wait until a week then the value gonna rise, then it's gonna be a big deal since big chance that's not gonna happening with the current trend, it's basically depends in the investing term.

dlightag

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You're making a point, because the Bear market some Alt-coin may not be able to succeed because of dip in the market, which is good to invest on Bitcoin and have a rest of mind as an passive income for a long term holding investment.

jaberwock

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Quote from: kotajikikox on October 22, 2022, 01:53:48 AM

Quote

Most Alts vanish in a bear market, the main reason is no fundamentals.

There are two methods you can invest, 1) RSI Based 2) DCA(dollar cost average)

I self going to invest in Alts after 2024.

There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.

DCA is what I am using, but also I am still In HOdling though in bear this isn't really applicable but good to purchase .

A1 projects seems to be protected and safe, waiting to invest in one.

I agree that top alts would be still fine when the bull comes, so that shouldn't be a problem, but even in that case the word "heavily" is the implied thing here. I mean nobody could say that you should not invest into any alt at all, and certainly not say do not invest into ETH or BNB because those are at the top and they are invested right now. But, we can discuss the percentage of how much you invest into those things versus bitcoin.

I would say it is wise to invest into bitcoin heavily, that way you would be able to actually make some profit and also have less security risk as well, it would be a smart decision for sure, and would be much better compared to other coins.

kotajikikox

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Quote from: udayantha11 on October 11, 2022, 12:11:05 PM

I have noticed that every cycle there are giant ALT coins. In the following cycle, the New top 10 is coming. As per the current condition, please be vigilant to invest in BTC.

you are talking about Altcoins but you are giving warning for BITCOIN investments.

Quote

Most Alts vanish in a bear market, the main reason is no fundamentals.

There are two methods you can invest, 1) RSI Based 2) DCA(dollar cost average)

I self going to invest in Alts after 2024.

There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.

DCA is what I am using, but also I am still In HOdling though in bear this isn't really applicable but good to purchase .

A1 projects seems to be protected and safe, waiting to invest in one.

wxa7115

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Quote from: john1010 on October 21, 2022, 09:55:24 PM

I partly disagree with that, because not all alts are in a bad shape, there are a lot of good reasons to invest in alts especially today that all alts in a deep trend, but of course with to be cautious in our investment, it is a good timing to onvest in alts if you really know what to do, always DYOR and the most important is, "Invest what you can afford to lose.

When it comes to the advice that we need to follow there is not a general answer that applies to every single trader, and what is good for us depends on our specific circumstances.

For the investors which have been here for a long time and which have a high level of knowledge about this market they can take way more liberties and they can invest in altcoins at any moment of the bitcoin cycle, but for the majority of the investors out there the advice given in this thread is useful as they do not have what it is needed to invest in altcoins now and obtain profits in the future.

ringgo96

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Since the popularity of the crypto world has grown greatly, we as crypto users always see that at any time there will be new coins present, but every coin present can all develop because the market competition is very large and only coins managed by an active team can develop and survive in times of market conditions like today, and as you said now there are very many coins lost in the crypto market because there are no fundamentals so they can't survive, and to invest at this time of course the risk is very large so we have to be careful in choosing each coin.

john1010

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I partly disagree with that, because not all alts are in a bad shape, there are a lot of good reasons to invest in alts especially today that all alts in a deep trend, but of course with to be cautious in our investment, it is a good timing to onvest in alts if you really know what to do, always DYOR and the most important is, "Invest what you can afford to lose.

Topic: Don't invest Heavily ALT now - page 2. (Read 954 times)