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Topic: Don't invest Heavily ALT now - page 3. (Read 1012 times)

member
Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
October 21, 2022, 07:12:05 PM
#71
I agree that the market is not too enthusiastic right now, but I also think that there is opportunity in any crisis. Of doubt, the risk of investing in alternative assets is greater during a bear market, but the lucky few who seize the opportunity will come out on top. Whether you are a high-risk taker, a moderate-risk taker, or a low-risk taker who prefers to wait for the bull market before investing, the decision is ultimately yours. In my opinion, the ideal strategy for this time of year is short-term trading.
hero member
Activity: 2310
Merit: 532
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October 21, 2022, 06:33:56 PM
#70
More number of altcoins gets away from the market during the bear market. This happens, because the market won't have much of investors. Majority will prefer the altcoins that already holds good Proof of history.

It is always good to have investment on altcoins as the market will progress along with bitcoin for sure. Here, it is to be noted, in which coin we're making the investment. Some get lucky and the same won't be the case with everyone.

Investing on altcoins is good and the same needs to be done at some time intervals and with specific amount of fund than just making a big investment at a single shot.
sr. member
Activity: 1582
Merit: 333
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October 21, 2022, 06:07:31 PM
#69
... ANd investing in altcoins is much riskier than Bitcoin. That is why, why should risk more to altcoins if there is a much better investment in Bitcoin

Altcoins are also different, for example, ETH and BNB in this bear market look as attractive as BTC and they do not need to be put on a par with shitcoins. As for the risks, it is a well-known fact that the higher the risk, the higher the profit. Accordingly, if you have the financial opportunity to take risks, then you need to use it.
for those courage taking risk , actually they deserve to get huge profit in future. Alot investors come to crypto market due this reason , they buying bitcoin altcoin or even shitcoin just to get profits. Risk will occur in every investment not only crypto market but due this risk we could free from poverty. Maybe if accumulate some altcoin , in next 6 months we will gain alot profits.
legendary
Activity: 2268
Merit: 1655
To the Moon
October 21, 2022, 06:31:56 AM
#68
... ANd investing in altcoins is much riskier than Bitcoin. That is why, why should risk more to altcoins if there is a much better investment in Bitcoin

Altcoins are also different, for example, ETH and BNB in this bear market look as attractive as BTC and they do not need to be put on a par with shitcoins. As for the risks, it is a well-known fact that the higher the risk, the higher the profit. Accordingly, if you have the financial opportunity to take risks, then you need to use it.
sr. member
Activity: 1428
Merit: 252
October 21, 2022, 05:48:56 AM
#67
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.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
October 20, 2022, 06:28:56 PM
#66
I self going to invest in Alts after 2024.


Everyone has their own view of the crypto market and their choice of time to invest. In my opinion, a good time to buy altcoins will come in the coming weeks. All that remains is to analyze several altcoins and choose the best ones.
It's still unpredictable for now. I would say that if crypto market was still in a very bad thing this time. The fact that if crypto was facing a huge problem when it comes to the hike rates. it seems like FED was making another decision that was affecting the global market again,
Im not even feeling doubt if investing heavily in alts for this time may be a good or bad choice. This depends on how people are taking it.
full member
Activity: 799
Merit: 100
October 20, 2022, 06:16:00 PM
#65
Obviously, the market Isn’t suitable for investment anymore. Now it is necessary  to recheck everything before taking step. Most of so call altcoins will die cause investors sold those out for avoiding unexpected downfall and waiting for dip with that fund. Now Topcoins are also complex for investment cause they are also going below since last werk but theres no worries for long period investors. And if you already bought what you need,  then its okey for planning investment later
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
October 20, 2022, 05:01:50 PM
#64

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.
2024 is the year when the Bitcoin Halving will occur, the old Altcoins still exist today, let's call it Dogecoin, this memecoin is in interest even though it doesn't have fundamentals like Ethereum, but has a large community and this causes this coin to survive to this day.

For example new projects that offer Web3 like APTOS, are gaining a lot of trust from investors because the team behind APTOS are Libra developers, I'm happy to see this progress, because when the market is bearish, there are new projects that can make a difference.

Yes, Aptos is grabbing everyone's attention in the market and i have tried APT have to say it's a lot faster and smoother than solana. This is considered a rival of solana and I believe it will soon surpass solana in the next bull season, currently we have another notable project like Aptos which is the Sui project. I believe these two factors will create something new in the market during the upcoming bull season and they will most likely replace some old projects. Investing in altcoins whether new or old is always risky, there are no guarantees here so we need to be very cautious because bear season has not ended soon, we should not be subjective.
sr. member
Activity: 1498
Merit: 443
October 20, 2022, 04:59:29 PM
#63
We cannot deny that many altcoins will be died and failed during this bearish market. even though they can survive and pass this bear market, most of them cannot reach the previous ATH. This is only for those shit coins. I know that there are also some good altcoins that have potential highly for the next bullish era. But, there is no guarantee. ANd investing in altcoins is much riskier than Bitcoin. That is why, why should risk more to altcoins if there is a much better investment in Bitcoin
hero member
Activity: 2282
Merit: 589
October 20, 2022, 04:59:07 PM
#62
I think we are in the same page that itis much better to invest now because of the bear market than after 2024 when the bull market is dominating.  @OP's idea is flawed because it looks like an idea of "buying high selling low" low thing because if we buy on 2024 when price is surging, the next phase would be a price crash due to bear market  and we don't want to sell at a loss do we?  So I guess it isn't good to follow @OP's idea.
The OP published a mistake in investing because when the current bear market is signaling it is very appropriate to add a top coin to the portfolio, so the current phase of the downturn is almost near the $17k low after the last ATH and we can buy top coins in this area for long term investment purposes. The op should review the historical price movement chart every year because every bullish or ATH has been passed, make sure the correction area and potential for a bear market in the future.
legendary
Activity: 3010
Merit: 1280
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October 20, 2022, 04:39:36 PM
#61

I self going to invest in Alts after 2024.


Yeah right, invest in a market when it is surging.  I think the cryptocurrency market is surging on after 2024.  If we don't invest  now, we are missing a lot because during this bear market, prices of cryptocurrency is plummeting, the right moment to get in in any investment venture.

Yeah,, maybe the OP just wanted to share his opinion or what, nevertheless the bear market is still very long and there are a lot of things that can happen, some altcoins might die along the way, but there could be some that will stick thru thick and thin in this bear market and survived and then have a massive bull run in 2024.

So it's better to just take advantage of this bear market, invest on altcoins that you know will have a promising success in the the future, and just put enough money that you are willing to invest and lose.

I think we are in the same page that itis much better to invest now because of the bear market than after 2024 when the bull market is dominating.  @OP's idea is flawed because it looks like an idea of "buying high selling low" low thing because if we buy on 2024 when price is surging, the next phase would be a price crash due to bear market  and we don't want to sell at a loss do we?  So I guess it isn't good to follow @OP's idea.
hero member
Activity: 2660
Merit: 551
October 20, 2022, 04:25:20 PM
#60
AI projects are the worst of them all, they never survived since many years ago because no one needs any AI use cases, its a dream that never come to past, instead focus of MetaVerse and Play to earn games, also I think its wrong to stay till 2024 before buying alts, you are simply betting on the fact that BTC may go lower, you will be shocked how fast BTC can recover.

And it is still 2022, we still have 14 months+ to go before the year 2024 arrives and there's a lot could happen in that span. I don't know where did the OP got that idea but surely it could be misinterpreted by the beginners if they will read this. Let's stick on what we have right now and take advantage of it as much as we could, we don't really know what lies ahead, so there's really no use to be that negative.

Yeah,, maybe the OP just wanted to share his opinion or what, nevertheless the bear market is still very long and there are a lot of things that can happen, some altcoins might die along the way, but there could be some that will stick thru thick and thin in this bear market and survived and then have a massive bull run in 2024.

So it's better to just take advantage of this bear market, invest on altcoins that you know will have a promising success in the the future, and just put enough money that you are willing to invest and lose.
hero member
Activity: 3052
Merit: 685
October 20, 2022, 12:12:08 PM
#59
AI projects are the worst of them all, they never survived since many years ago because no one needs any AI use cases, its a dream that never come to past, instead focus of MetaVerse and Play to earn games, also I think its wrong to stay till 2024 before buying alts, you are simply betting on the fact that BTC may go lower, you will be shocked how fast BTC can recover.

And it is still 2022, we still have 14 months+ to go before the year 2024 arrives and there's a lot could happen in that span. I don't know where did the OP got that idea but surely it could be misinterpreted by the beginners if they will read this. Let's stick on what we have right now and take advantage of it as much as we could, we don't really know what lies ahead, so there's really no use to be that negative.
legendary
Activity: 3248
Merit: 1179
October 20, 2022, 10:39:51 AM
#58
That's a good advice but existence potential altcoins will never disappointed you. agreed that, new top10 is coming but waiting till 2024, that's very long time and not sure! While ether, bnb offers themself with cheap. Many more brand new web3, metaverse coins may come but potential coins will less by number among them. Even in 2024, ether, bnb and others potential coins would have increased heavily then if bull run occurred
Everything can change several times in a year.What 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.
There's no guarantee for such thing to happen but as far as i can see if the old project is not doing so good in the development of tech. I meant they were rarely creating an innovation compared with the new project that was heavlly coming to the market. that makes people less interested with them and they were starting to be replaced with the new token in the market. Investing in the low cap token is good enough.

But many new projects are doomed to fail, simply because they have ideas and big words, but there's no product behind, something that is working or will start working in some near future. While some "old ones" are holding pretty well even in these bearish times, it's because they deliver what they promised and they are working fine! 

Investing heavily is OK if you are heavy! Simple as that! People shouldn't go over their heads if they are not completely sure what they are doing, and if they are not aware of the possible consequences if things go wrong... and things can go wrong in seconds when you don't expect it!
sr. member
Activity: 1498
Merit: 251
KUWA.ai
October 20, 2022, 04:52:32 AM
#57
That's a good advice but existence potential altcoins will never disappointed you. agreed that, new top10 is coming but waiting till 2024, that's very long time and not sure! While ether, bnb offers themself with cheap. Many more brand new web3, metaverse coins may come but potential coins will less by number among them. Even in 2024, ether, bnb and others potential coins would have increased heavily then if bull run occurred
Everything can change several times in a year.What 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.
There's no guarantee for such thing to happen but as far as i can see if the old project is not doing so good in the development of tech. I meant they were rarely creating an innovation compared with the new project that was heavlly coming to the market. that makes people less interested with them and they were starting to be replaced with the new token in the market. Investing in the low cap token is good enough.
member
Activity: 744
Merit: 10
Syntrum.com
October 20, 2022, 01:50:16 AM
#56

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.
2024 is the year when the Bitcoin Halving will occur, the old Altcoins still exist today, let's call it Dogecoin, this memecoin is in interest even though it doesn't have fundamentals like Ethereum, but has a large community and this causes this coin to survive to this day.

For example new projects that offer Web3 like APTOS, are gaining a lot of trust from investors because the team behind APTOS are Libra developers, I'm happy to see this progress, because when the market is bearish, there are new projects that can make a difference.
legendary
Activity: 3122
Merit: 1398
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October 19, 2022, 06:42:16 PM
#55
There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.

It all depended on our own factors. There are lots of "what if" in the process.

We all know that for new projects to somehow expect a good startup, the market should also be on a positive trend or in a bullish way.

Well then, that's your analysis though and if you think that's the better action to do now, keep it that way.
sr. member
Activity: 1115
Merit: 253
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October 19, 2022, 06:15:42 PM
#54
That's a good advice but existence potential altcoins will never disappointed you. agreed that, new top10 is coming but waiting till 2024, that's very long time and not sure! While ether, bnb offers themself with cheap. Many more brand new web3, metaverse coins may come but potential coins will less by number among them. Even in 2024, ether, bnb and others potential coins would have increased heavily then if bull run occurred
sr. member
Activity: 1386
Merit: 451
October 19, 2022, 05:34:47 PM
#53
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.

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.


You are right but there are some ALT coins that you will not have any fulfillment in investing.Like Ethereum, BNB, SOL, there are some such coins, if you don't buy all these coins, you don't need to take much risk.If the Bitcoin market is good, all these coins will be good by themselves.Again apart from all these coins but ALT coin can be considered.In current situation all these coins market is very low but you can buy from this dumping market and make long term investment.
legendary
Activity: 2660
Merit: 1074
October 19, 2022, 02:08:32 PM
#52
-snip-
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.
Yes, it looks like the Web3 project will continue to be present and develop in the following years because it is popular right now so it is not impossible that some of them will replace the old coins that are in the top 10 altcoins, but even though it may happen, it doesn't mean we shouldn't invest with the top altcoins before entering the year 2024 because basically the purpose of investing is to make a profit and we can do it whenever there is an opportunity.
Yes they will because I don't see much of them right now. My guess is they are still too early and many people are not fond of using them. I tried a couple of them but I feel the laggings. They are still slow and needs more improvement.

I've seen an old coin that adds metaverse on them and other new stuffs so I am thinking that it's also possible for them to add web3. They need to work like that because if not then they will be defeated by the new projects which focus are new trends but there will be an old top coins that can deteriorate overtime and will be replaced by the newer projects because not all simply have the ability to improve.
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