Topic: How Confident Are you With Altcoin In This Time - page 8. (Read 1901 times)

I feel confident about the current condition of the crypto market, I think 2023 will be much better than 2022, especially bitcoin, bitcoin has experienced a significant increase compared to last year, hopefully this will have an impact on altcoins too

If you have good and best altcoins then you don't need to worry about them.Those who have invested in the top and best cryptocurrencies in the market are fully confident about it.If your choice is not good and you have not chosen a good and top cryptocurrency,Then you can't trust altcoin.

It's true that everyone makes their own decision and invests in cryptocurrencies with their own perspective, but the analysis and advice of others can be of great benefit to most people.Of course, each person should make his own decision, but the opinion of others should not be ignored

I have not enough confident for altcoins market. Because there price life not stable so we couldn’t telling them for invest force. If you have own choice for buy a token then no need to worry about my opinion. You money with profits everything your hand so that's why i want fake information. If you are a smart investors then every market has good mark for you.

It makes sense that recent movements in the cryptocurrency market have made you concerned and unsure about making investments in them, because if some projects could struggle or fail, others might succeed and bring in a lot of money. Given its track record of stability and significant market capitalization, BTC is unquestionably a solid option as a store of value and a long-term investment.

One of the reasons why investors are interested in investing in altcoins is that they expect to get more with relatively less investment. Investing in altcoins has the potential to get good rewards but it depends on your investment. Depending on where you are investing. Some altcoins have good reputation in trading for a long time. In terms of investment, if you can invest in all those altcoins, the investment can be profitable but the risk his so high. As the market is still a reliable place for investment, investing in a good project has the potential to get good returns.

I couldn't agree with that - unless the market went bullish but that is somewhat impossible to happen. It is to remind us that the market is unpredictable but having those previous years' events will give us some insights into when the bull season comes and we have the idea that ATH comes after halving. Though I can't say I was right as it remains a prediction something I was not going to believe that massive comes this year, in fact, the price of Bitcoin is increasing low and so are these altcoins.

to make long term investments i use the top altcoins to choose from. but if I want to get a large amount of profit and a big risk, then I do altcoin research, let alone a new project to get multiple profits. but I did that only with a little capital used, given the high level of risk. I think there are several altcoins that are trusted and of course the choice of many people, where altcoins have accompanied bitcoin on the top for a long time, and it can be said that there is no doubt about their trust

You know the problem with a lot of these altcoins that are becoming centralized these days is that some sort of story or accusation could just be raised, and before you know it, they have disappeared into thin air. OP, just like the example you gave, who even imagined that Luna would have faced what happened to it? I'd doubt so badly if someone had told me about it before it happened. But by the way, since we can't predict the future and I am being very mindful these days, since any project that is really trusted used to let someone down (although not all, am speaking for my self), I have no confidence in any altcoins at the moment. I used to have a lot of BNB and just some ETH, but at the moment, I have just less of it as I have recently sold a lot of them. I have like little confidence or interest in Altcoins. My vision is to get more BTC

Based on the performance of altcoins in this season, I have 100% that the price of altcoins will pump massively before the end of this year to allow long term investors to experience favour from their investment. Since the price of Ethereum and binance has increased higher few months ago showed that there will be enough income to achieve any moment from now, because the price of Ethereum will hit $2000 to maintain the second position among other cryptocurrencies. I think, I will still invest in altcoins so that I will have full confidence of making a good profits from Ethereum and binance when the price increase higher to my satisfaction in the market.

I think everyone here wants to take profits and increase asset values in the future with various patterns, for example entering the altcoins available on the market with the hope that I said. In my opinion if somebody Investing in cryptocurrencies, including altcoins, is indeed considered a high-risk investment due to the highly volatile nature of the cryptocurrency market. However, the potential for profitability cannot be completely dismissed, as there are several altcoins that are gaining popularity and attention from investors.

To determine the potential profitability of each altcoin, it is important to consider various factors, such as the main foundation of the coin's technology, the level of adoption, and the market demand when viewed from daily transactions. These factors can provide insight into the long-term viability of the altcoin and its potential for growth.

My advice, if you want to invest in altcoins carries a high degree of risk, but can also offer potential for significant returns. To make informed investment decisions, it is important to conduct extensive research, consider the various factors that impact the altcoin's potential profitability, and evaluate overall market conditions because they are very volatile. for example last night (my country time) I'm smiling BTC is going up but it's dumping again..

It is quite risky if you rely on Altcoin when Bitcoin is not good like right now. the risk is quite large, but when you find an altcoin that will recover faster it can provide benefits. must be prepared with all the risks that will occur.
Bitcoin is not good, there are several FUDs that attack so that the price of bitcoin crashes and of course altcoins will also be affected more severely.

Currently the status of the bitcoin are still holding with the support and resistance so if you take an investment with the altcoin make sure you know the possible price movement of the bitcoin but we know how does the history of the bitcoin moves in that case you can make a good move for accumulation of coins as you can most of the altcoins are getting ride with the bitcoin.
To earn in altcoins while the market is down is to hope get a coin that could gives significant profit due to hype only and make an exit after its release people are doing this nowadays.

All ball down to the risk management factors because not everyone has that mindset set of risking only the amount you can afford to lose into any coin since they are all gamble and meant for speculations only, but on the other hand some investors allow their emotion to take the better part of them, and that way their only look at the quick gain they are expecting and not minding wether or not the coins are going to crash at some point and they still pump all their capital into such coins but at the end of the day it will all end with regrets.

It is better to buy altcoin before the hype begins and cash out in the pesk of the fuds, but buying at a high price is always a potential dump waiting to happen.

As long as we don't put too much money in certain coins, as long as we can still feel that we are investing in the amount that we can afford, as long as we really understand the risks, as long as we choose coins that may be arguably more solid, as long as we can get the latest news updates regarding various altcoins possibilities, I am confident enough. Especially if we are able to understand how the market works, how FUD works very fast, then we must be confident, but also accompanied by this understanding. So that at least we don't panic immediately and also don't feel very devastated when we lose our investment.

Your feelings about altcoins and their unpredictability is the same as most of us here, and these feelings and realities of most of the altcoins have further aggravated that assumption and lack of confidence in altcoins.

Altcoin should be taken as a gamble and nothing other than that,  its good to make an accurate and in-depth analysis of the coin market before putting down any amount on them if not, it will be better to go all in for Bitcoin since BTC has proven record of success over the years and have not dumped on investors like altcoins do in some accession

We've seen how a popular altcoin, like Luna, unexpectedly saw its value decline. An altcoin you have today might experience this. That's another factor contributing to my lack of confidence in the altcoins I hold in my portfolio due to the volatility of the cryptocurrency market. Being less certain about altcoins is preferable to having complete faith in them because anything might happen tomorrow. However, I am not relying on altcoins more than bitcoin. if the altcoins I have, manage to survive this bearish market and enter the bull run by performing well that will be good anyway

It's true there is a considerable risk even when investing on solid altcoins, like ETH. In case that is a concern of the investor, the advice is that he sticks his investment to Bitcoin currency exclusively, since it's the most trustful and reputable cryptocurrency among all, which is ranking on top 1 since the beginning of the industry without any predictions of lefting it anytime on the next years and maybe decade...

New capital, as you mentioned, is always a good strategy, what can be executed through the DCA method. Still, you need to predetermine which coins or tokens you are going to acquire.

i am pretty confident enough to believe in Monero as profiting alternative coin. Monero has good prospects to hold for a long term basis. It has anonymity aspect that very valuable. people who new in crypto currency can try to analyze how monero is good blokchain basis. beside monero, i can not doubt that ethereum is one of the alternative coins that every crypto user should confident on it to be profitable coins in the future to be held.

Many think about the shitcoin season is now back since to many meme coin created back again since PEPE got a big pump recently, many want to risk on those shitcoin because they really hope to earn some huge profit the same of what PEPE token give to its early buyer. Newbie investor should realize that its very rare to spot the same performance as PEPE since most of the time those shitcoin copy its name is just another 1000% scam shitcoin.

But I don't think those shitcoins scams can affect bitcoin since those type of scamming are just temporary and it cannot really create big effects to bitcoin since even if those scammers dump there's always huge support will catch those dumps they made.

That's right, since the collapse of FTX and LUNA many people's trust in crypto has dropped dramatically. many say if large exchanges like FTX and altcoins as big as LUNA can collapse what about smaller exchanges and altcoins?  I also feel the same way namely the decline in trust in crypto but that doesn't mean I stop investing in crypto, I'm just being more careful and choosing to invest in top coins like BTC ETH and BNB.