I won't mind if bitcoin has fallen by more than 60% it will definitely return to its best price again whereas if altcoins have dropped after or more then I will be worried it is difficult to recover even though they have developed several programs, a little what I understand altcoins wouldn't add too much value to my portfolio except ETH and BNB which have been around for a long time whereas for new projects I don't want to jump back into investing in them.
There's no guarantee that even if they have a blockchain developed I won't be interested at all, so for 2023 my plan is to see a breakthrough in bitcoin price movement.
Topic: How Are You Preparing For 2023? - page 7. (Read 946 times)
Bitcoin lost 75% of its ath. Not a bad indicator, considering how badly many altcoins suffered, losing 90, 95, and sometimes even 99% of their value. The market is self-cleaning from all sorts of junk projects. 2023 is unlikely to be a breakout year in which we will be swimming in liquidity, but there is still a chance for recovery, although I don't rule out that we may stagnate for a long time in 2023, only occasionally diluting the monotony with local bull runs.
before 2023 I was already starting to get ready for what was to come by accumulating only a small amount of BTC and ethereum as my altcoin of choice. because right now I don't really believe in new altcoins that haven't fully shown signs that they do have valuable potential in the future.
to be honest I don't know much about the Renec blockchain but it looks like it is very new and needs strict consideration and thorough investigation before starting to invest in Renec. because in a situation like this and there will be a recession in 2023 not many new altcoins can survive.
so my advice is don't push someone too much to get into the project because if something accident happens it will affect you.
to be honest I don't know much about the Renec blockchain but it looks like it is very new and needs strict consideration and thorough investigation before starting to invest in Renec. because in a situation like this and there will be a recession in 2023 not many new altcoins can survive.
so my advice is don't push someone too much to get into the project because if something accident happens it will affect you.
OP is a known and liked member of the forum so I doubt that it was all about shilling a project, he truly believes in a project and shared it. Doesn't mean the project is good, it could be a terrible one and he could be just fallen for it, we do not know or maybe its a good one, but just because he shared it doesn't mean its shill, it could be just opinion.
I am not just ready for 2023, I am ready for 2024 and 2025 and even 2030 as well. I am buying strong coins and then I am buying some more and that's all I do all the time. That way if I keep doing this, it doesn't matter what happens tomorrow or 5 years down the line, the whole result is this : as long as crypto survives, I am going to "eventually" make a good profit.
I am not just ready for 2023, I am ready for 2024 and 2025 and even 2030 as well. I am buying strong coins and then I am buying some more and that's all I do all the time. That way if I keep doing this, it doesn't matter what happens tomorrow or 5 years down the line, the whole result is this : as long as crypto survives, I am going to "eventually" make a good profit.
I don't see shilling to be a violation of forum rules but if he sees Renec to be a good investment while still 2023, it's up to him. Not many people will actually see which one is a good investment until the price touches the sky and they could only buy less.
2023 is still early for 2024 halving though. If we see altcoins going up, just be prepared because before mid-2023, they will also dive. It's kind of a cycle already that we know too well.
We have one positive approach in the year 2023, that's Bitcoin Halving will be more closer to us than the previous or this year. Definitely miners, institutional investors and individuals will be preparing for the big profits in the up coming year. This is natural process for bitcoin, whenever halving is nearing people are jumping all in to get the profits. This has always created nice buzz for the bitcoin and thus it naturally pumps the bitcoin prices. As we know there is good direct relationship between the bitcoin and altcoins pair, the alts will also start to move above the lines and will give us good green trendy graph. I mean what do we need apart from this? This is also one of the important reason we should be focusing on buying more and more crypto this month and several months ahead to keep our BEP at lowest.
Nothing against those DCAing right now but I'm with the guys that are still holding up fiat or stable coins and start accumulating more when there's a better indication of a trend reversal. The next halving is getting closer but you never know when's the next collapse of a major platform like what happened to FTX.
I'm still waiting my hand, my DCA for Bitcoin will probably continue on though I might increase my budget depending on whether I find an altcoin to invest in for the year or not. I haven't exactly started looking for good altcoins, might not even start till Feb next year or something. I might just pull out the top 100 alts and select some of the relatively well-performing ones from the middle to bottom end of the list, wouldn't consider the top ones for now since they're pretty much the coins we've known for the past few years.
So you're trying to promote your shit project? would you refund to any users if your project goes wrong because if you promoting your project you need to be responsible with your words.
2023 would be a bloody year for Bitcoin and altcoins because economy recession will happen, this make people suffer money and foods shortage, so people doesn't have any money left to invest. I don't expect anything, just keep accumulating until it reach new ATH.
2023 would be a bloody year for Bitcoin and altcoins because economy recession will happen, this make people suffer money and foods shortage, so people doesn't have any money left to invest. I don't expect anything, just keep accumulating until it reach new ATH.
Conspicuously speaking is something we don't expect would be this bad and though, i have actually made my plans for next market but my main target would likely be after halving this is when i know there could be lots of opportunities for every token and coin to soar. Presently have reduced my attention for altcoins rather focusing on bitcoin.
If at all i would consider Renec it should be after my investigation maybe, btw are you in any way a partner with Renec because you are too bold having much confident speaking about the project?.
If at all i would consider Renec it should be after my investigation maybe, btw are you in any way a partner with Renec because you are too bold having much confident speaking about the project?.
I was preparing for 2023 during this bear market. I was buying mostly Bitcoin, but I also got some ETH of course, ADA, and DOGE just for fun.
We all know that 2022 has not been friendly to the cryptocurrency market, Bitcoin, being the top ranked lost over 60 percent from its all time high value.
Many altcoins have also lost more than half the value they had in 2021, the several occurrences in the cryptocurrency industry caused several bloodbath we experienced in most parts of the year 2022.
But I am optimistic concerning 2023, I foresee a major breakout for Bitcoin and several other top altcoins, and some new altcoins that are really promising..
So, how are you preparing for 2023, what or which altcoin are you buying in preparation for 2023?
I do not see the need to do any major movement, I think the next year is going to be similar to the current one, so if anyone is thinking about investing in this market they need to look for solid and reliable coins more than anything, once the bull market comes then people are free to experiment with all kind of altcoins if they want, but at least to me it seems premature to do this already, when the bull run is still so far away and most new altcoins released during the end of this year will not make it to the next bull run. Many altcoins have also lost more than half the value they had in 2021, the several occurrences in the cryptocurrency industry caused several bloodbath we experienced in most parts of the year 2022.
But I am optimistic concerning 2023, I foresee a major breakout for Bitcoin and several other top altcoins, and some new altcoins that are really promising..
So, how are you preparing for 2023, what or which altcoin are you buying in preparation for 2023?
OP is a known and liked member of the forum so I doubt that it was all about shilling a project, he truly believes in a project and shared it. Doesn't mean the project is good, it could be a terrible one and he could be just fallen for it, we do not know or maybe its a good one, but just because he shared it doesn't mean its shill, it could be just opinion.
I am not just ready for 2023, I am ready for 2024 and 2025 and even 2030 as well. I am buying strong coins and then I am buying some more and that's all I do all the time. That way if I keep doing this, it doesn't matter what happens tomorrow or 5 years down the line, the whole result is this : as long as crypto survives, I am going to "eventually" make a good profit.
I am not just ready for 2023, I am ready for 2024 and 2025 and even 2030 as well. I am buying strong coins and then I am buying some more and that's all I do all the time. That way if I keep doing this, it doesn't matter what happens tomorrow or 5 years down the line, the whole result is this : as long as crypto survives, I am going to "eventually" make a good profit.
I am not thinking about it that much, I don't want to stress myself trying to prepare with something that might not come up with by next year. What I think about is the 2024-2025 run. Where the possible bull run might really exist by those years but it might also not happen there if the market has changed its course and it has become different from the usual breakouts that we've seen for the past years.
I am yet to make decisions on some altcoins to get after accumulating bitcoin.
I am also yet to make a decision but Renec will also be up for consideration in 2023. I will not however start the year in a rush to invest in altcoins but give it proper time for consideration. Decisions about Investment in altcoins should not be made in a hurry remember, to avoid making regrettable choices. 2022 has not been a completely wonderful year for cryptocurrency, it will be good to take a good observation of the market first before making a choice for 2023. 
Renec could be a good project because it's launch was genuinely done and another thing to consider is that the project came during the bear market. Which means we are expecting a very large movement in the coming bull run.
I am yet to make decisions on some altcoins to get after accumulating bitcoin.
I am yet to make decisions on some altcoins to get after accumulating bitcoin.
Im currently sourcing and reserving my funds until there is a clear trend line for this market in general. Investing at this point would really be an advantage if you'd be able to determine which coin to invest but investing early would as well expose an investor to risk. Ofcourse profit would be smaller if you'd invest halfway the bullish trend, but atleast risk would be lessen.
But I am optimistic concerning 2023, I foresee a major breakout for Bitcoin and several other top altcoins, and some new altcoins that are really promising..
Basis I guess? 'coz if we would look at upcoming events for this industry, Bitcoin halving is more likely to happen on 2024, so since no other lined event is there(as far as I know), increase is more likely to occur on that year. But I do also hope that things would be better next year by any chances.
But I am optimistic concerning 2023, I foresee a major breakout for Bitcoin and several other top altcoins, and some new altcoins that are really promising..
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We all know that 2022 has not been friendly to the cryptocurrency market, Bitcoin, being the top ranked lost over 60 percent from its all time high value.
Many altcoins have also lost more than half the value they had in 2021, the several occurrences in the cryptocurrency industry caused several bloodbath we experienced in most parts of the year 2022.
But I am optimistic concerning 2023, I foresee a major breakout for Bitcoin and several other top altcoins, and some new altcoins that are really promising..
And speaking of new altcoins, ive been investing in Renec in preparation for 2023, Renec blockchain is one of the best projects I've found so far, the project was fully launched in October 2022, since then, usage and activities on the Renec blockchain has been increasing day after after, it's one project I wouldn't want any body to miss, so I urge you all to check it, you can start your research by joining their community on discord - https://discord.gg/Vw9ykjAWGh
So, how are you preparing for 2023, what or which altcoin are you buying in preparation for 2023?
Many altcoins have also lost more than half the value they had in 2021, the several occurrences in the cryptocurrency industry caused several bloodbath we experienced in most parts of the year 2022.
But I am optimistic concerning 2023, I foresee a major breakout for Bitcoin and several other top altcoins, and some new altcoins that are really promising..
And speaking of new altcoins, ive been investing in Renec in preparation for 2023, Renec blockchain is one of the best projects I've found so far, the project was fully launched in October 2022, since then, usage and activities on the Renec blockchain has been increasing day after after, it's one project I wouldn't want any body to miss, so I urge you all to check it, you can start your research by joining their community on discord - https://discord.gg/Vw9ykjAWGh
So, how are you preparing for 2023, what or which altcoin are you buying in preparation for 2023?
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