How Confident Are you With Altcoin In This Time - page 10.

Anguwa

member

Activity: 742

Merit: 30

Quote from: Wiwo on April 30, 2023, 02:50:18 PM

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

Not all altcoins, though.
While some altcoins with a solid track record can still be trusted, others shouldn't because some investors are simply waiting for a slight price recovery to pull out of the project.
Because the bear market is not expected to end any time soon, I am currently confused and have decided to stop investing until I see the direction of the market in a few months.

rahulzx

jr. member

Activity: 164

Merit: 2

Quote from: mdzahed134 on May 05, 2023, 09:15:38 AM

I'm fully confident with only BTC, also with a several altcoins as like ETH,BNB & MATIC, those are potential even in the long term investment but i would not like to recommend to hold any altcoins. And i think new entered altcoins are comparatively high risky than old altcoins.

I am think that these are the time for new players that new devops build under the bear season

Wiwo

hero member

Activity: 1022

Merit: 667

Top Crypto Casino

Quote from: ichsan ardi on May 07, 2023, 01:20:20 PM

I currently only save and trust one altcoin, namely ethereum because ethereum is arguably the bitcoin killer and my level of trust in ETH is maybe 80%, maybe I think eth will grow 10x in the next year, according to my analysis, there are probably two good assets for investment and in sleep at the moment BTC and ETH I think maybe I will split BTC 60% ETH 40% of my total investment assets this is not investment advice this is just based on my analysis

Yeah ethereum is good coin to hold but then we can't really scale through its networks due to its high gas fees and this is happening long before the current Bitcoin network congestion and feel like so I wonder why you will refer to ethereum as the Bitcoin killer.

I agree with you on your choice of altcoin but then if you talk about scalability in the network then ethereum is far from being the ultimate alternative coin

ichsan ardi

full member

Activity: 672

Merit: 100

Tontogether | Save Smart & Win Big

Quote from: Wiwo on April 30, 2023, 02:50:18 PM

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

I currently only save and trust one altcoin, namely ethereum because ethereum is arguably the bitcoin killer and my level of trust in ETH is maybe 80%, maybe I think eth will grow 10x in the next year, according to my analysis, there are probably two good assets for investment and in sleep at the moment BTC and ETH I think maybe I will split BTC 60% ETH 40% of my total investment assets this is not investment advice this is just based on my analysis

amihada

full member

Activity: 1176

Merit: 100

Next Generation Web3 Casino

Quote from: mdzahed134 on May 05, 2023, 09:15:38 AM

I'm fully confident with only BTC, also with a several altcoins as like ETH,BNB & MATIC, those are potential even in the long term investment but i would not like to recommend to hold any altcoins. And i think new entered altcoins are comparatively high risky than old altcoins.

the coins you mentioned are very worthy of investing in the long term, ethereum bnb these two coins I still hold until now I'm sure these two coins will be great assets for my future later I'm sure in the future the world of crypto will get better and for those of you who don't have digital assets later you just become a spectator.

SirLancelot

hero member

Activity: 2646

Merit: 582

Leading Crypto Sports Betting & Casino Platform

Quote from: Ojima-ojo on May 04, 2023, 04:48:36 PM

Do we have any confidence level in altcoin?

I dont think so and to me, the altcoin is nothing but a gamble and should be treated as such, and one shouldn't have a long-term perspective on altcoin and the highest you can do with altcoin is to use it for speculations, I have not paid any close attention to altcoin market lately because I have an indept know about their potential and risk associated with altcoins.

For a long while, I haven't seen any altcoin that has shown any consistency in it growth just as we ve seen with bitcoin, and because pf the centralized characteristic, the altcoin has become so uncertain because many of them end up pulling an exit on the investors or having their liquidity remove by it, providers.

Yes, we do have some confidence in altcoins as well, since there are some amazing altcoins out there that you can even buy and hold for the long term, like ETH, which is the second-best cryptocurrency in the world right now after Bitcoin. I will have a lot of confidence if I buy and hold some ETH alongside Bitcoin for the upcoming bull run.

I know that most altcoins that are released these days are not worth the time and the investment made on them, except for a few which might turn out to be good and provide you some profits for the short term, but there are old altcoins that can be considered good for diversification.

trendcoin

legendary

Activity: 2240

Merit: 1131

DGbet.fun - Crypto Sportsbook

I have very little trust in altcoins. I used the word very little instead of zero. :) I hardly trust any altcoin other than Ethereum. The reason I trust Ethereum is because new projects and developers prefer Ethereum. Other than that, I buy and sell many altcoins in day trading, but I don't see altcoins as long-term investment tools. Anyway, if we look at general statistics and historical data, we see that there are extremely high risks to investing in altcoins for the long term. So, we don't have much reason to trust Altcoins.

Godday

sr. member

Activity: 1512

Merit: 397

PredX - AI-Powered Prediction Market

I have invested in many altcoin projects. Some of them have shown a positive direction. I think this year is the year of altcoins. It is my personal view that you will earn a lot by investing in altcoins

@sriyan

member

Activity: 469

Merit: 13

Quote from: Wiwo on April 30, 2023, 02:50:18 PM

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

I am holding Layer1 and Layer2 altcoins for the next bull run. Also, try to hold most ecosystem projects like Arbitrum and Optimism.

raidarksword

member

Activity: 2044

Merit: 16

Despite all bad things happened, market is still recovering from all that horrible market crash due to such bad players in the industry and Altcoins is making a good position towards slow recovery. Bitcoin as well is making a good stand from all future to happen like recession, inflations and any negative sentiments that will effect the crypto market. In current situations, altcoins is still promise a good comeback especially MEME coins are surging like crazy.

rhodelmabanal

full member

Activity: 1140

Merit: 103

Buzz App - Spin wheel, farm rewards

Quote from: Wiwo on April 30, 2023, 02:50:18 PM

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

I think it depends on the kind of altcoins that we invest for example we invest in ethereum we can surely get a profit on it because it is legit and it is proven and tested all we need to do is to hold it and be patience, while if we invest in new altcoins it is possible that we will loss because not all new altcoins last long specially in bear season most of them end up to nothing and we will loss, so for me it is still depend on the kind of altcoins.

kojektea

sr. member

Activity: 2296

Merit: 256

Vave.com - Crypto Casino

at least in the short term for altcoins now it still produces for me, it's enough to help the development of my assets. Those who are thinking about long term profit here, still haven't found a project as good as BNB or ETH in long term investment in recent years, but for small projects as long as you know when to get out of investment, it's enough to make some savvy people satisfied with the return on their investment .

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: judeafante on May 05, 2023, 07:08:21 AM

Quote from: ethereumhunter on May 05, 2023, 05:55:28 AM

Now is still a good time to buy altcoins but even better if you can buy bitcoins because there are predictions of a very high price increase.

It is but not all altcoins are worth buying, but we can't ignore what these altcoins are bringing into the ecosystem,
I have a lot of altcoins in my portfolio and I have confidence that these altcoins are worth my portfolio because I did research on what they are bringing to the community, they are not pump-and-dump coins and it is not shilled by their developers to get the attention of the investing community.
The rule of thumb is always what these coins bring positively to the Crypto community.

That's why before buying an altcoin, you should choose one and analyze them one by one to find altcoins that can increase in the altcoin season. I also own a few altcoins and await another hike in the altcoin season. Research to find altcoins is highly recommended because it can prevent us from buying altcoins or even tokens that don't have the potential to go up. And don't just buy altcoins from other people's suggestions because that doesn't guarantee the coin will go up.

mdzahed134

sr. member

Activity: 2226

Merit: 259

Buzz App - Spin wheel, farm rewards

I'm fully confident with only BTC, also with a several altcoins as like ETH,BNB & MATIC, those are potential even in the long term investment but i would not like to recommend to hold any altcoins. And i think new entered altcoins are comparatively high risky than old altcoins.

Ludmilla_rose1995

full member

Activity: 1638

Merit: 167

Buzz App - Spin wheel, farm rewards

Quote from: Wiwo on April 30, 2023, 02:50:18 PM

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

it depends on the altcoin, if it's a popular altcoin like bnb, matic, phantom, and any other altcoin that has clear use cases, I'm pretty sure it would be great to hold for a long time. but for a new altcoin or meme token which only relies on pump and hype, I'm not too sure that it's a good token to hold for a long time.

podluznyj

member

Activity: 378

Merit: 44

Quote from: nesty on May 02, 2023, 01:30:48 AM

Investing in Altcoin now is too risky my confidence is not 100% specially for long term. Instead of investing to altcoin for a long term i would rather divert my investments to bitcoin, ether, bnb. We do not know when the altcoins would recover, all are falling at this time some of my holdings but i do not know until when I can hold on to. I hope that it would still recover this year so that i could take profit before i divert my holdings to other investment.

I agree with you completely, at the moment it makes no sense to invest and buy altcoins for long-term, since the market is not stable, and the crypt is not in the best position now, here is to buy bitcoin and ethereum, this is relevant for this coin, since on the growth of these cryptocurrencies can make good money

posi

hero member

Activity: 2268

Merit: 579

Vave.com - Crypto Casino

Quote from: Wiwo on April 30, 2023, 02:50:18 PM

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

The altcoin market has been like that for years, unchanged, and I have never lost hope in it. Invest with the motto, bitcoin in the long term and altcoins in the short term. I mean, never hold altcoins for long, and don't trust any project, the altcoin market is more speculative, gambling than technological, as many think. And investing in alts needs the right timing, not always as good as bitcoin. I only invest in them during the bull season and focus only on the new projects and stay away from the old projects that have plummeted during the bear season.

judeafante

sr. member

Activity: 2254

Merit: 258

Quote from: ethereumhunter on May 05, 2023, 05:55:28 AM

Now is still a good time to buy altcoins but even better if you can buy bitcoins because there are predictions of a very high price increase.

It is but not all altcoins are worth buying, but we can't ignore what these altcoins are bringing into the ecosystem,
I have a lot of altcoins in my portfolio and I have confidence that these altcoins are worth my portfolio because I did research on what they are bringing to the community, they are not pump-and-dump coins and it is not shilled by their developers to get the attention of the investing community.
The rule of thumb is always what these coins bring positively to the Crypto community.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: kapalmabur on May 05, 2023, 05:29:08 AM

Quote from: gurunanakji777 on May 04, 2023, 06:07:02 AM

During the last bear market, we were uncertain if Altcoins would increase in value, but during the previous bull market, we saw Meme coin holders make significant profits, and some altcoins also performed well. Looking at history, bear markets often disappoint us and make us question whether the market will recover or not. However, every time the market has bounced back better than the previous time, so we should stay positive and optimistic this time too.

With previous experience during a bear market, we don't need to worry because sooner or later the market will recover,
indeed we never know how long the bear market will last and that's why you need to have patience,
Besides that, excessive worry also doesn't make the condition much better.

People who have seen the last bearish and bullish market will surely keep waiting for the bull market to happen again. And they will keep holding the coin until the bull market comes. Only inexperienced people will panic and wonder when the bull market will come. That's why we have to calm down in a bear market while looking for opportunities to buy altcoins that have the potential to rise again. Now is still a good time to buy altcoins but even better if you can buy bitcoins because there are predictions of a very high price increase.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: gurunanakji777 on May 04, 2023, 06:07:02 AM

During the last bear market, we were uncertain if Altcoins would increase in value, but during the previous bull market, we saw Meme coin holders make significant profits, and some altcoins also performed well. Looking at history, bear markets often disappoint us and make us question whether the market will recover or not. However, every time the market has bounced back better than the previous time, so we should stay positive and optimistic this time too.

With previous experience during a bear market, we don't need to worry because sooner or later the market will recover,
indeed we never know how long the bear market will last and that's why you need to have patience,
Besides that, excessive worry also doesn't make the condition much better.

Topic: How Confident Are you With Altcoin In This Time - page 10. (Read 1901 times)