How Confident Are you With Altcoin In This Time - page 9.

hyudien

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Quote from: Mr.sprin on May 10, 2023, 05:26:18 AM

I believe in big alcoins like ethereum coin, bnb coin and stable coin. I don't believe in new coins because the habit of new coins only goes up briefly, meaning coins that can't be held for a long time, infestors push up the price of coins and when the price of coins reaches a peak, they release them so that the price of these coins drops drastically. This habit will happen to new coins.

Therefore altcoins that provide quick profits always have a greater risk. Every decision to invest, whether the results are bad or good, even though it requires a strong mentality. Be ready when facing losses and ready to take profits if it is in sight.
We always have a certain cycle and usually this season it is certain that the altcoin hype is ongoing or is indeed approaching a mid-phase. To be more precise we have seen the memecoin season everywhere like $PEPE which has made many initial investors reap huge profits.

Mr.sprin

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I believe in big alcoins like ethereum coin, bnb coin and stable coin. I don't believe in new coins because the habit of new coins only goes up briefly, meaning coins that can't be held for a long time, infestors push up the price of coins and when the price of coins reaches a peak, they release them so that the price of these coins drops drastically. This habit will happen to new coins.

hamba laeh

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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 are worth investing in because there are many altcoins that are not developing even in bullrun market conditions. and surely everyone will be confident if the bullrun come it will provide high profits from altcoins. and this has been experienced by many people when the bullrun came. and the right altcoin to invest in is BNB.

Freddie Boyer

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While it is true that some altcoins have shown a positive direction, investing in them solely on the assumption that this is the year of the altcoins can be risky. It's like betting on a horse with a funny name on a racetrack. Sure, it's entertaining, but it's not a smart investment strategy. I want to underline that investment decisions should always be made after careful consideration and analysis. So, instead of putting your savings into altcoins, why not invest in the obvious coins like BTC which are good investments Wink

danskgraes

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Altcoins, the wild west of crypto! One day you're down, the next day you're mooning. My top pick? Well, I'm eyeing Binance Coin (BNB). It's like having a backstage pass to the Binance ecosystem. My confidence level? Let's call it cautiously optimistic.

Newbie.

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I trust projects that have real benefits and opportunities for the long term. XGo caught my attention with its 6% SOL crypto rewards, which could lead to growth. It's nice to see a platform that focuses on being useful instead of making big promises.

woez

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Quote from: uneng on May 09, 2023, 06:37:49 PM

Quote from: abel1337 on May 09, 2023, 04:25:37 PM

It's how the game of shitcoin works. If you are fast enough and know what you are doing, You can gain massive profits from it but if you are just a newbie trying to ride it by investing and hoping to rise, Your chance of getting a profit is less than 50% I believe since there are different factors. No matter how you tell people to stop investing on shitcoins, We can't just stop them because there are regular traders who are living their daily lives in investing and trading these shitcoins. It's just few days back where memecoins showed a large price bump. Everyone gets into it and makes massive wins but today, We can see that those memecoins go down and I believe late investors where wiped.

That is why investors who are looking for solid alternatives of cryptocurrencies to invest should give more attention to the main altcoins of the market, instead of trying to hit a hidden gem hoping it's going to reward them x100 or x1000 in a single investment. The most conservative altcoin is still Ethereum, and there also the stablecoins alternatives plus Binance Coin, in case the investor doesn't get annoyed by the fact their investment will be on the hands of a single exchange's performance...

On the final positions of top 10 there are Solana, XRP, Cardano and Polygon, although I'm not sure if they are able to maintain position or if they are going to be replaced on the following years, because crypto market is really volatile. Personally, I think the most conservative strategy is the best one.

I think even investing in cryptocurrencies, even the big altcoins, still comes with risks and requires careful use of strong math. Yes. Conservative investment strategies may suit some investors, while others may be more comfortable taking on higher risks in search of higher potential returns. I think the main factor is new capital, compiling an investment strategy, but what you mentioned is also a useful reference for the community.

RussianEnglishTranslation

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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?

Most of my money is in alts and I will sell my BTC as soon as the next bullrun arrives. We have seen that after each halving the return on BTC is less, there is barely any profit in it now. Alts like Cake, DRC, SimpsAI, 0xMR, UTNP, TRI, Q Blockchain have much more upside.

uneng

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Quote from: abel1337 on May 09, 2023, 04:25:37 PM

It's how the game of shitcoin works. If you are fast enough and know what you are doing, You can gain massive profits from it but if you are just a newbie trying to ride it by investing and hoping to rise, Your chance of getting a profit is less than 50% I believe since there are different factors. No matter how you tell people to stop investing on shitcoins, We can't just stop them because there are regular traders who are living their daily lives in investing and trading these shitcoins. It's just few days back where memecoins showed a large price bump. Everyone gets into it and makes massive wins but today, We can see that those memecoins go down and I believe late investors where wiped.

That is why investors who are looking for solid alternatives of cryptocurrencies to invest should give more attention to the main altcoins of the market, instead of trying to hit a hidden gem hoping it's going to reward them x100 or x1000 in a single investment. The most conservative altcoin is still Ethereum, and there also the stablecoins alternatives plus Binance Coin, in case the investor doesn't get annoyed by the fact their investment will be on the hands of a single exchange's performance...

On the final positions of top 10 there are Solana, XRP, Cardano and Polygon, although I'm not sure if they are able to maintain position or if they are going to be replaced on the following years, because crypto market is really volatile. Personally, I think the most conservative strategy is the best one.

abel1337

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Quote from: sana54210 on May 09, 2023, 03:15:51 PM

Quote from: Taskford on May 09, 2023, 09:45:35 AM

We are still having a good day on market side since we can see a healthy movement of all altcoin. Maybe they remain to act like that since bitcoin still on good position, but I think that this good scene will continue since many speculates about the bull run that might possible to come. Shitcoins rise up again and to many of them popping out of nowhere following the name of PEPE which is another shitcoin in the market. For now many are happy because they earn on this token but later on for sure they regret that they buy and catch its dump since for sure it will end up the same with other token became scam.

I think those type of shitcoins are the causes of the drops because there are a lot of people who join the hype and some of them are fast and they do it well but some of them are not that fast and they end up with a huge loss. This is why it is important to remember that we are in a market where things do not go that well and should not go that well neither.

We are in a situation where we are doing as well as hoped for and that results with things that changes the long term as well. I believe that as long as people keep on losing money on shitcoins the top names like bitcoin will always be damaged and there is no way around it. I hope that it gets to be a lot better in the long run but we need to stop investing into those shitcoins before we can have a steady and healthy increase in the market.

It's how the game of shitcoin works. If you are fast enough and know what you are doing, You can gain massive profits from it but if you are just a newbie trying to ride it by investing and hoping to rise, Your chance of getting a profit is less than 50% I believe since there are different factors. No matter how you tell people to stop investing on shitcoins, We can't just stop them because there are regular traders who are living their daily lives in investing and trading these shitcoins. It's just few days back where memecoins showed a large price bump. Everyone gets into it and makes massive wins but today, We can see that those memecoins go down and I believe late investors where wiped.

sana54210

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Quote from: Taskford on May 09, 2023, 09:45:35 AM

We are still having a good day on market side since we can see a healthy movement of all altcoin. Maybe they remain to act like that since bitcoin still on good position, but I think that this good scene will continue since many speculates about the bull run that might possible to come. Shitcoins rise up again and to many of them popping out of nowhere following the name of PEPE which is another shitcoin in the market. For now many are happy because they earn on this token but later on for sure they regret that they buy and catch its dump since for sure it will end up the same with other token became scam.

I think those type of shitcoins are the causes of the drops because there are a lot of people who join the hype and some of them are fast and they do it well but some of them are not that fast and they end up with a huge loss. This is why it is important to remember that we are in a market where things do not go that well and should not go that well neither.

We are in a situation where we are doing as well as hoped for and that results with things that changes the long term as well. I believe that as long as people keep on losing money on shitcoins the top names like bitcoin will always be damaged and there is no way around it. I hope that it gets to be a lot better in the long run but we need to stop investing into those shitcoins before we can have a steady and healthy increase in the market.

podluznyj

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Quote from: www.Gambler.Casino on May 09, 2023, 12:52:10 PM

Little confidence. It is necessary to constantly monitor the market in order to find worthy new coins.

yes, today it is necessary to monitor the markets very strongly in order to make money on new altcoins, the price can fall very quickly without having time to make money on it, but in general it is worth investing in already established altcoins, such as ethereum, bitcoin and the same proven ones that are growing and have stability on market

www.Gambler.Casino

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Little confidence. It is necessary to constantly monitor the market in order to find worthy new coins.

cute nmp

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Don't have much confidence with altcoins since the start of the bear market in 2022. Though the market is currently good at the moment I don't think it is a good time to buy altcoins for long term hold. The bullish move in BTC could just be a major weekly pullback technically and we could continue the bearish move any time soon.

Taskford

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Quote from: GigaBit on May 09, 2023, 08:16:12 AM

Quote from: ololajulo on April 30, 2023, 05:11:41 PM

In the current market conditions, altcoins have a higher potential for generating a greater return on investment (ROI) compared to Bitcoin. However, the choice of altcoin and the trading strategy employed will be crucial in determining the outcome. It's important to note that Bitcoin still holds significant influence over the overall market movement.

Although the market has declined slightly, the situation is still relatively good. While investing in altcoins has the potential for good returns, the potential for losses is also high. Investors must do good research before investing. But since Bitcoin has taken a bearish position, we should wait a little longer.
Those who are planning to take new trades can invest in several altcoins. PEPE Token has recently created a hype in the market as meme coin. You can also buy it but you have to be careful because as per the last 14 days the percentage has already increased by 583 percent so risk is much higher. There are also a few other coins among them Aptos is one another will make a good position in the future.

We are still having a good day on market side since we can see a healthy movement of all altcoin. Maybe they remain to act like that since bitcoin still on good position, but I think that this good scene will continue since many speculates about the bull run that might possible to come. Shitcoins rise up again and to many of them popping out of nowhere following the name of PEPE which is another shitcoin in the market. For now many are happy because they earn on this token but later on for sure they regret that they buy and catch its dump since for sure it will end up the same with other token became scam.

inthelongrun

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I am still confident about some altcoins in the next bull run. At the moment, bitcoin is like 63% of my portfolio which only leaves 37% on altcoins and this does not include my stablecoins. Maybe next year I am planning to gamble more on altcoins, probably at a maximum of 75% of my portfolio but this depends on the outcome. More than half of my altcoins though is in ethereum which is becoming like the bitcoin of altcoins. Historically, only ethereum is being consistent at #2 after bitcoin when it comes to market capitalization.

Just today, I am a little tempted to put some on pepe, the meme coin. I don't have any meme coins for many years already but it's becoming a trend that there is 1 meme coin to belong in the top 20 or 50 every cycle. Before, there was only doge at the top then there was shiba inu. So maybe pepe is this coming cycle's meme coin?

GigaBit

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Quote from: ololajulo on April 30, 2023, 05:11:41 PM

In the current market conditions, altcoins have a higher potential for generating a greater return on investment (ROI) compared to Bitcoin. However, the choice of altcoin and the trading strategy employed will be crucial in determining the outcome. It's important to note that Bitcoin still holds significant influence over the overall market movement.

Although the market has declined slightly, the situation is still relatively good. While investing in altcoins has the potential for good returns, the potential for losses is also high. Investors must do good research before investing. But since Bitcoin has taken a bearish position, we should wait a little longer.
Those who are planning to take new trades can invest in several altcoins. PEPE Token has recently created a hype in the market as meme coin. You can also buy it but you have to be careful because as per the last 14 days the percentage has already increased by 583 percent so risk is much higher. There are also a few other coins among them Aptos is one another will make a good position in the future.

yazher

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Just like before, you need to do your own research first before you can gain some confidence regarding certain altcoins because there will be no other thing to consider other that. When you talk about investment in altcoins, you are taking more risks than investing in bitcoins especially when you choose those altcoins that are only new to the market because they might not gonna become what you think in the future because if the Devs are only talk, they don't do anything about developments and updates and also to consider innovating their project to compete with their competitors, you will end up only investing in a shit coin which will not gonna improve and rise its price in the future.

Adbitco

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As an investor seeing the tragedy that has happened across the cryptocurrency space for the past few year is quite thoughtful and which I will encourage not to put a total reliability on altcoin or even storing their assets on centralized exchange that they do not have control over their assets. Involving oneself is always risky because there's no assurance of what may happen next that's you have to accept to risk involve as well as investing what you can be able lose.

Silberman

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Quote from: trendcoin on May 06, 2023, 12:08:39 PM

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.

I am with you on this, if people want to trade altcoins then that is acceptable as most trades will only last a few hours, and as such the risk at which they are exposed is not that big if they are using a stop loss, but those that decide to become investors and hold altcoins for the long term are taking a massive risk, because as we know the survival rate of altcoins is abysmal and a coin that seemed to be incredibly solid could simply disappear in a matter of days.

Topic: How Confident Are you With Altcoin In This Time - page 9. (Read 1905 times)