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Topic: How to profit from altcoins collapses? (Read 1060 times)

legendary
Activity: 3122
Merit: 1032
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February 21, 2023, 04:18:28 AM
Well now is a nice time to stack up on some Ethereum. I think it is so cheap right now and we will see very large gains for profit when we get out of this 'bear market'.

When Bitcoin begins to pump so will ETH. ETH all time high is $4891 in November 2021. I think we will see this price again and now its $1678 so good time to enter if do not hodl any currently.
legendary
Activity: 2982
Merit: 1028
February 20, 2023, 05:30:23 AM
Investing when the market is at its downturn. Very few does it. Altcoin investment is very risky we can experience hard manipulation. With the leading altcoins it is quite low, but while we go for new projects we can experience hard manipulation which at times make our investment grow high or turn to nothing in no time.

So, we need to have the best decision while going with trusted altcoins in the market and have two plans while going for new projects. Only then it is possible to stay out of loss if our prediction goes wrong.

Trusting projects needs deeper understanding with how the developers are aiming for success, with the nature of this industry we always
need to have a good back up or alternative plan.

It's not easy but very possible to earn during the dump season if you know how to balance both your emotions
and your trust with your supported project, take time to learn and master how to play with both bear and bull
market.
legendary
Activity: 2646
Merit: 1106
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February 19, 2023, 06:59:55 PM
Investing when the market is at its downturn. Very few does it. Altcoin investment is very risky we can experience hard manipulation. With the leading altcoins it is quite low, but while we go for new projects we can experience hard manipulation which at times make our investment grow high or turn to nothing in no time.

So, we need to have the best decision while going with trusted altcoins in the market and have two plans while going for new projects. Only then it is possible to stay out of loss if our prediction goes wrong.
hero member
Activity: 2814
Merit: 526
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February 19, 2023, 03:25:08 PM
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
If you think you can't then would prefer to cut the losses and move to Bitcoin for your own sake.
Or with the big risk you can hold it when collapsed but it depends on how big the collapse is, it might take quite a while to reach the price back depending on how low it becomes when the event occurs.

I'd prefer to do stop loss and wait for a bit to buy if possible or do it in Bitcoin so I can recover it overtime. The strategy varies depends on every user in here.
sr. member
Activity: 924
Merit: 365
February 19, 2023, 09:57:28 AM
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
The altcoin invested will determine that, though. Not all altcoins can recover from a price crash. Just a small number of altcoins that have seen price crashes result in profits for their investors because the project's investors bought at a reduced rate and sell at it high rate when the price of the altcoin increased.

You can decide to use risk management strategies to invest in an altcoin that has potential since the bear market is currently in effect. You could consider investing in some of the top 50 altcoins on CMC. Don't forget to invest with spare cash and diversify your investment
hero member
Activity: 2114
Merit: 603
February 19, 2023, 05:23:29 AM
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

If you are talking about the invested altcoins which had been dropped severely then definitely it is going to be only one option and that's to hodl your assets until they get back to the normal prices or you hit the BEP and cash out your money out of altcoins if you are not able to hodl further or doubt the project itself.

However, if you are talking about the coins which are in blood bath right now and have some good prices in the past then possibility of that altcoin getting hiked to those prices and above increase a lot more. However, this would be in comparison with the coins for whom there is no historical movement at all. Apart from this, you can be sure about the altcoins which are on the correct roadmap but they have fallen due to the current market situation and bitcoin downfall as well. Considering most of them are paired with bitcoin thus whenever bitcoin falls they will fall as well.

That would be temporary and one can easily make profits out of it.
sr. member
Activity: 1587
Merit: 271
Enterapp Pre-Sale Live
February 17, 2023, 12:58:22 PM
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
By way of short-term trading. Even though altcoin prices continued to drop, but these altcoins experienced price increases even though it was in small amounts. So we must be able to take advantage of these opportunities. Another way is to sell the altcoin, and switch to another altcoin, so that there are no significant losses.
full member
Activity: 773
Merit: 101
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February 17, 2023, 10:36:20 AM
#99
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
I think it depends to the altcoins status many altcoins collapses and never rise back and if you invest on that rug pull altcoins you will not get profit in it and you will loss, however if you invest in the altcoins that collaps and that particular altcoin rise back because of the active and professional team behind it i am sure that you will get profit or big earnings into it, that is why i beleive that it depends on the altcoins concept and the team that build the altcoin that you buy.

So everything you say is more about the team doing good development or making new ideas that make investors believe in all the programs that are made going forward. But sometimes I also get investors who really make the project good and end up running away.
MiF
sr. member
Activity: 1442
Merit: 258
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February 17, 2023, 12:14:42 AM
#98
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
I think it depends to the altcoins status many altcoins collapses and never rise back and if you invest on that rug pull altcoins you will not get profit in it and you will loss, however if you invest in the altcoins that collaps and that particular altcoin rise back because of the active and professional team behind it i am sure that you will get profit or big earnings into it, that is why i beleive that it depends on the altcoins concept and the team that build the altcoin that you buy.
full member
Activity: 1442
Merit: 116
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February 16, 2023, 12:47:53 AM
#97
do you think only Bnb, and ethereum altcoin have potential? I don't think so, friends, of course there are lots of altcoins that have potential right now. and even some time ago there was a collapse like Matic and cardano, and that in my opinion is an altcoin that also has potential.
You might have a different opinion but the top ten or the top five have always been the closest to being safe assets as to bitcoin. Going by that ETH and BNB can be given a try if you are having funds to invest in. A load of altcoins are available on the market and you are free to choose from them but since the ETH project has been here for sometime and BNB has been a successful exchange their tokens are in the top, I would add LTC to the list if I could too, because that has also been a resilient project.

Every month does not specifically mean the month of a new altcoin, the same old ones will profit like they did, you have to get into them.
indeed some altcoins experienced a deep decline but they were able to survive again increasing according to the trend that occurred in bitcoin. therefore it is better to research according to our personal analysis to invest in projects that are based on eth or bnb. but for bnb, eth, and ltc, I think we have great hope for long-term investment, until we get the profit according to the target, I personally will add matic as a decent altcoin reference for investing
legendary
Activity: 2982
Merit: 1028
February 15, 2023, 12:08:55 PM
#96
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal
An altcoin that has potential, so when it collapses, it is likely to get back up and it is not easy to find an altcoin like that,
easy examples such as Ethereum and BNB coins are both potential and quality coins that need not be doubted.

do you think only Bnb, and ethereum altcoin have potential? I don't think so, friends, of course there are lots of altcoins that have potential right now. and even some time ago there was a collapse like Matic and cardano, and that in my opinion is an altcoin that also has potential.

There are many different opinions and speculations about the coin that traders and investors are choosing to be part of their investment, it will be depending on how you deal with your research and how you trust your instinct when choosing a project.

I also see that goo dpotential with Matic and Cardano, if you have good spare to invest you can
add these two in your list and wait for the market to pump up and bring your some decent amout
of benfits.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 14, 2023, 10:40:22 AM
#95
do you think only Bnb, and ethereum altcoin have potential? I don't think so, friends, of course there are lots of altcoins that have potential right now. and even some time ago there was a collapse like Matic and cardano, and that in my opinion is an altcoin that also has potential.
You might have a different opinion but the top ten or the top five have always been the closest to being safe assets as to bitcoin. Going by that ETH and BNB can be given a try if you are having funds to invest in. A load of altcoins are available on the market and you are free to choose from them but since the ETH project has been here for sometime and BNB has been a successful exchange their tokens are in the top, I would add LTC to the list if I could too, because that has also been a resilient project.

Every month does not specifically mean the month of a new altcoin, the same old ones will profit like they did, you have to get into them.
full member
Activity: 1036
Merit: 100
February 06, 2023, 02:48:01 AM
#94
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal
An altcoin that has potential, so when it collapses, it is likely to get back up and it is not easy to find an altcoin like that,
easy examples such as Ethereum and BNB coins are both potential and quality coins that need not be doubted.

do you think only Bnb, and ethereum altcoin have potential? I don't think so, friends, of course there are lots of altcoins that have potential right now. and even some time ago there was a collapse like Matic and cardano, and that in my opinion is an altcoin that also has potential.
sr. member
Activity: 770
Merit: 266
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February 05, 2023, 08:46:41 AM
#93
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

to be honest I have no idea about this. I didn't even think about it all this time. because I think nothing can be expected from an altcoin that has completely collapsed. An altcoin that doesn't have an ongoing project means that it has no potential in it. but there is an altcoin that collapsed but did not completely collapse, namely Terra Luna Classic (LUNC). but LUNC didn't collapse completely as some people are even speculating on it. because basically they are still active in burning fees. that's what i heard. but still there is no promising potential in it other than a speculation.
sr. member
Activity: 462
Merit: 250
February 05, 2023, 07:51:09 AM
#92
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal
An altcoin that has potential, so when it collapses, it is likely to get back up and it is not easy to find an altcoin like that,
easy examples such as Ethereum and BNB coins are both potential and quality coins that need not be doubted.
Absolutely! Those are some great examples of altcoins with real potential. Ethereum and Binance Coin have proven themselves time and time again, with a solid track record and a strong community behind them. It's not often you come across an altcoin with that kind of staying power, so when you do, it's definitely worth taking notice.

But of course, as with any investment, there's always some level of risk involved. That's why it's so important to do your own research and make informed decisions. It's all about finding that balance between potential rewards and manageable risks. Keep your eyes peeled and don't be afraid to take chances on promising projects - that's how you'll find the next big thing in the crypto world!
hero member
Activity: 2954
Merit: 672
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February 05, 2023, 07:05:00 AM
#91
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal
An altcoin that has potential, so when it collapses, it is likely to get back up and it is not easy to find an altcoin like that,
easy examples such as Ethereum and BNB coins are both potential and quality coins that need not be doubted.
Major altcoins usually earn success in the crypto world as they have already built their reputation and they have lots of supporters that have invested a lot of money ot the project. So if ever we are taking chances investing in new projects, then we have to understand that we are taking a high risk as we could lose our money but the good news is if it will pump, that will result in a massive profit.

As an investor, we need to be knowledgeable as that's our main weapon to be successful, whether it's on altcoins or bitcoin investing.
full member
Activity: 1610
Merit: 103
The OGz Club
February 05, 2023, 05:42:01 AM
#90
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal
An altcoin that has potential, so when it collapses, it is likely to get back up and it is not easy to find an altcoin like that,
easy examples such as Ethereum and BNB coins are both potential and quality coins that need not be doubted.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
February 05, 2023, 04:43:32 AM
#89
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
The possibility of getting profits when altcoins are falling is very huge. for example, in the fall of Terra Luna Classic, even though Terra's fall was very bad news for the holders, many people took advantage of the moment to gain huge profits. This proves that we can benefit from the collapse of an altcoin. However, it all also depends on the strategy you have. You can benefit by taking advantage of the volatility that occurs, or short, and you can also buy these altcoins in large quantities, and hold them for a long time.

There is always a way to make money even with collapsed altcoins like Luna or FTT, but is it worth the risk to invest in them to get the returns that many other potential projects can also bring? The profit is the same, but the risk is different, I don't think it's worth our try.

All profitable investments need volatility, easy said, but do you know when it will happen? What sign do you guarantee it will recover when we hold it long term? It's all just gambling and in this case, more risk than luck.
full member
Activity: 1036
Merit: 100
February 05, 2023, 01:45:12 AM
#88
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal
legendary
Activity: 2758
Merit: 1004
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February 05, 2023, 01:44:24 AM
#87
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
The possibility of getting profits when altcoins are falling is very huge. for example, in the fall of Terra Luna Classic, even though Terra's fall was very bad news for the holders, many people took advantage of the moment to gain huge profits. This proves that we can benefit from the collapse of an altcoin. However, it all also depends on the strategy you have. You can benefit by taking advantage of the volatility that occurs, or short, and you can also buy these altcoins in large quantities, and hold them for a long time.
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