Topic: is it still risky to Invest into Altcoin now? (Read 2205 times)

It had never become certain in the first place, and this is something that you should really be able to realize on. Wrong thing about other people is that they do FOMO'ed out themselves whenever they do see someone who do make out some huge profits in some altcoins on which they would really be trying out to copy it out and believe that they could really be able to get on the same outcome or results on the moment that they do make out some investment on which we know that it cant be possible. It will really be always best that you should really be wary on the actions that you are making and not really just that making yourself get ddragged with some hype. Yes, we do know that diversification would really be always best and something recommended but due to capital limitation then we would really be ending up on investing on a few.

Anything has the risks even if you do simply buy Bitcoin and holding up for long. We do know that future isnt something that we cant really be able to know. This is why
on the moment or time that you do make out some investment then always consider out that the risks of losing money is there. Never ever be that having that kind of assured feeling
that you could make profits because this is something that will really be making you desperate. So it would really be up to you on how to make yourself deal up with things.

Wha I find interesting about altcoin for example kaspa is the profitability of the miners. What I do is mining Kaspa and HODLing Bitcoin, that way you ensure big profitability while staying stable in holding...

Yeah, I fell you. The crypto market's a wild ride right now, especially with altcoins poppin' off like fireworks. Altcoins are seeing crazy surges, but they're also dropping like hot potatoes shortly after. Bitcoin’s been steady, no major dumps recently, which kinda makes it the "safer" bet.

Altcoins are great for quick cash if you're super active and on top of the market. But for long-term investments? for me, it's a bit too shaky for my taste right now. If you wanna play it safe, stick to Bitcoin or just do quick trades with altcoins.

Well it is very risky to invest in alt coins now or in Bitcoin now. The crypto market did lose alot of marketcaps and price of the coins did go lower
But we know if just do hodl our coins we will make big profits. Bitcoin is less then the all time high. So now is a good time to buy some or some top alt coins like Ethereum and Solana.

Yes, I instill the principle that every investment must have risks, even though they have different levels of risk. It's just that, when I have invested, I think that the biggest risk is losing the money, and I have to be prepared for that. So, I think, we also need to instill this when we want to invest in altcoins. In fact, many argue that crypto is an investment that has a big risk, so whenever it is, investing in altcoins always has risks, but it can provide big profits when it is successful.

I think there is always a risk but if historical patterns are any indicator, Altcoin season will eventually start and there will be potential for profit.

I agree with you. Current market conditions still make it impossible to accumulate several altcoins because the market is uncertain whether to be bullish or bearish. But if you have a lot of capital and you are ready to hold it for several years, I think this is the right moment because currently altcoin prices have fallen since the beginning of this year.

For the time being it is may be a risk to do so since the market has reach its all time high .The bearish move may be near so it is not safer to keep buying and holding altcoins to avoid losses . Better to wait and see the next Btc move weather it will be able to break its all time high or not

This kind of scenario that we are facing now is that if I only have a lot of money, I will buy the altcoins that are at the top, knowing if their price has fallen now. As this correction is happening, it's a really good time to buy. That's why we're not rich enough for me to do that.

That's why I only buy a select few and only the majority, and what is my priority that DCA is doing? Even if it's little by little, at least I have some altcoins saved up, right?

If you are asking about risk then the risk has been there since you wanted to invest and enter into trading either immediately or long term. As we know, prices fluctuate. so we never know when it will go up and when it will go down. everything requires research. and current market conditions are indeed improving, starting from bitcoin and altcoins as well as several memecoins. and the current conditions are very suitable for quick trading.

Alt investment normally is a risky investment so one should be ready to take anything that will come out from it and  whether one invest now or later it's also still risky though some alt are very nice to invest in but Identifying those project becomes the problem and alt are not suppose to be hold for years though alt like ETH can be hold they strong team and good potential.

I agree with you. Signals given in Telegram or Twitter groups are usually inaccurate. I rarely find accurate signals from them. Of course we can't blame them because they themselves have said that this is speculation. We should follow market movements and see the latest news about crypto. Or we can follow how whales work by following their wallets. I have a friend who knows how to see wallets with large contents and I have benefited from rndr and wld last March.

This is why I believe that altcoins have potential  because we have seen them growing even more than. How much Bitcoin percentage increasing but this will be successful if you know how to choose the legit and valid one because there are tons of choices that will lead you to losing .

Nobody doubts BTC and ETH. It is the safest asset. But BTC and ETH did not provide significant gains. Both coins already have very strong fundamentals in the market so it is very unlikely to experience a decline of up to 50% but also you cannot expect big profits with BTC or ETH. Investing in other coins, especially coins above the top 30, will be very risky, but you can get profits of up to 100% per week.

When it comes to altcoin investment, it is a little more risky than bitcoin investment. Here, we need to be more careful in selecting the altcoins for investment. Rather than choosing it in a random manner, it is better to analyze, understand, and further invest in it. Whether it is bitcoin or altcoins, we should have the ability to hold them, and if so, we can easily overcome the chances of losing.

Right now, the entire altcoin market is looking for Ethereum ETF approval. If the news turns positive, we can see a good move with the rest of the altcoins. If not, the market might turn bearish, and bitcoin too can move towards correction. For now, the majority believe that the Ethereum ETF will be approved.

Others are also pumping just that those two you made mentioned are the tow that rising more than the others if not, Solana is moving well, BNB is moving dogecoin is also moving and now that all are doing up, it is the time to invest both the short term investors and the long term investors would make profit from this Bull market now. Not all Cryptocurrencies are really risky. Like the top 2 Cryptocurrencies are less risky and all what you have to die is to know when to invest and that is all. "Buy the dip and hodle"

Don't forget that slogan. If you want to invest foe short term then be calculative. Now it is the best time for short term investment. And in the process when the price comes down then you have to change plan for long term. But if the short term plan works for you then it is your luck. Because the market is not stable.

You are right that altcoins have always been pumped and dumped in terms of value and certainly the general investor is not aware that it is gambling. High profit projects in short time span. But buying the best alt through comprehensive market analysis has a high chance of becoming a millionaire in a short period of time and a high risk of losing capital with wrong choices.

Correct. although on average the most support comes from the community, there are also those who take advantage of this situation. In my opinion, it's better to just follow market signals and don't trust too much signals from groups, whether it's Telegram, Twitter or others, because they're all full of their own interests without thinking about other people's conditions.


Yes. Correct. Stay alert in any condition, don't forget to install SL .

Currently, only BTC and ETH are pumping, and all altcoins are going down. This can be a good investment for the future, but it's extra risky!

Altcoins are being used for quick profit, as OP mention we could see it being pump and dump in a short period of time, this kind of strategy isn't new in crypto in fact there are so many groups who pulls this kind of strategy they are known as signal groups.
This group would use their influence to move the price of the crypto that they want by telling their followers to buy and sell it at a certain price.