Investing in altcoins is always risky even if it is a bull season we cannot say that the altcoin we buy will rise up after we buy and we will earn, it is not that simple, we still need to be careful specially on choosing the coins to buy this is the very hard part as an investors when we are going to choose the best we need a proper research to avoid losing money.
Choosing the right coins out of thousands of altcoins is really a difficult task for almost everyone. Most of the people who invest in altcoins make a mistake in coin selection because most people invest in cheap random coins hoping to get high returns, which causes their money to fail in the future. Many people risk investing in the hope of getting high returns in a very short period of time. Still some of the top altcoins like Ethereum, BNB, Solana coins seem to be worth investing in and one has to wait for a long time to get good returns by investing there. 
Topic: is it still risky to Invest into Altcoin now? - page 2. (Read 2205 times)
Every investment has risks and you need to diversify your coin selection process so that you don't suffer losses. Altcoins are mostly risky again you should pick the best coins by market cap analysis. Timing of investment is more difficult because buying in bullish season may lead to bearish trend after some time. Similarly, buying in bearish season is more risky as it may be more bearish. Therefore, it is important to invest after analyzing the market system of altcoins and while investing, it is important to have a long-term goal.
True and market trends we must also pay attention to where sometimes it is time for the coin to fall so that there is a reduction in supply from the total allocation and when the timing is considered sufficient then there is a price increase again.
The most important thing is not to buy when it just dropped for a moment and rush when the peak price is in progress. We as traders must also be observant of this and our ultimate goal is profit, not loss.
Investing in altcoins is always risky even if it is a bull season we cannot say that the altcoin we buy will rise up after we buy and we will earn, it is not that simple, we still need to be careful specially on choosing the coins to buy this is the very hard part as an investors when we are going to choose the best we need a proper research to avoid losing money.
Every investment has risks and you need to diversify your coin selection process so that you don't suffer losses. Altcoins are mostly risky again you should pick the best coins by market cap analysis. Timing of investment is more difficult because buying in bullish season may lead to bearish trend after some time. Similarly, buying in bearish season is more risky as it may be more bearish. Therefore, it is important to invest after analyzing the market system of altcoins and while investing, it is important to have a long-term goal. I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
I think investing in cryptocurrency as a whole is a risk. So, even if it is risky to invest in altcoins now if it turns out cool, then the returns would be really high. You know when the price of Bitcoin increases so does the price of other cryptocurrency. And even afterwards comes the altcoin Eason which is like a blast of altcoins, but at the same time, I'd never advise someone to hold altcoins for a long time. Of course, unless it's Ethereum. I'd only say trading altcoin is the best, just as hodling Bitcoin is the best.
So, even if the prices are more unstable than Bitcoin, it's not risky to invest in it. But be sure to watch the market very closely so you don't lose you're investments.
I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
Currently, in Q2 2024, I still believe that most altcoins beyond the top 10 are primarily for short to medium-term profit. One way I've found to potentially benefit is by participating in pre-sales of new projects and selling at public launch, as the price is often still favorable. However, if I truly believe in a project's potential, I might hold (HODL) a small portion, maybe 10-30%, for the long term. This way, even if the price drops, the impact isn't as severe. It's really challenging to find altcoin projects as promising as ETH.
Altcoins are for short term investment and not the other way round.Bitcoin has proven huge return for the long term, most altcoins may pump and take advantage of the momentum but when it falls it take years to rise,there are lot of altcoins in the market cap that have crashed and are no where to be found and some may not rise again.You just to choose the right altcoin that has potential like Ethereum.
However most altcoin like ethereum and bnb can be considered to hold for Long term investment, because they has a good potential in the future. most altcoin pump so high but when it falls, it take years for them to appreciate, most of them can even die in the process. However I think when it comes to long term holding, bitcoin has proven to be the most reliable, trustworthy, and also the most profiting coin for long term holding.
Altcoins are for short term investment and not the other way round.Bitcoin has proven huge return for the long term, most altcoins may pump and take advantage of the momentum but when it falls it take years to rise,there are lot of altcoins in the market cap that have crashed and are no where to be found and some may not rise again.You just to choose the right altcoin that has potential like Ethereum.
Investing in altcoins is always risky even if it is a bull season we cannot say that the altcoin we buy will rise up after we buy and we will earn, it is not that simple, we still need to be careful specially on choosing the coins to buy this is the very hard part as an investors when we are going to choose the best we need a proper research to avoid losing money.
Agreed. Altcoins investment is risky at all time and not only in the bear market time and also in the bull market. I have heard some people saying that after when they have invested in the token thinking that the coin would appreciate but instead it depreciate and making them to lost interest to invest again in another coins. It is not easy to invest in altcoins and earn from them as expected because they always display different ways in the cryptocurrency market. And the best way which I can recommend is to invest at the tender stage and face the risk till it rise up and not to invest in the bull market because you might face the decline of the coin and wait for a very long time.
Investing in altcoins is always risky even if it is a bull season we cannot say that the altcoin we buy will rise up after we buy and we will earn, it is not that simple, we still need to be careful specially on choosing the coins to buy this is the very hard part as an investors when we are going to choose the best we need a proper research to avoid losing money.
Buying a coin in a bull season is actually dangerous but buying a good coin during bull season will help you better particularly, the coin that are yet to see any return on investment, I don't mean the coins that has been pumped in the past bull cycle, the one listed and has only give return on investment on initial listing and that listing is not always consider as return, most often pre-sale investors do has coins lockup so there is no way they can sell.
You can also buy altcoin during the bull season but you have to be smart about it, you can buy altcoin during a pre-sale, this one is usually safe because the listing price is always better than the public price and the public price is always different from listing price, so investing in presale is good if you know your way in and out of crypto and sometimes money is what you need.
I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
No one can exactly predict the crypto market. With decades of research and expertise on stock market yet it don't follow the analytic rules, in comparison crypto market is fairly new and even though we have had a rising market for almost all of popular coins including bitcoin and altcoins, there are no certainty that it would follow. The last bull could be the peak for decades to come or we might create a new all time high 2x the last one, no one knows for sure. When investing, it's generally better to look for lows and highs, resistance and support, at the moment, the market feels like it is going above the support level, it could be a good time to buy alts that are closer to the support level than that which are testing the resistance.
actually all investment in the world is risky , even the strongest coin BITCOIN is risky to invest with but indeed that more risky in altcoin and more if you try new project or those shitcoins.
but if you are investing in strong altcoins like ethereum and binance , now there is SOlana ? then that is the best position to put your money.
Yes I agree with your statement any investment big or small is risky. When Bitcoin first hit $69,000, it dropped below $16,000. Were those who invested at the peak relieved when the price fell? Of course, all cryptocurrency coins are risky investments, but there are more or less variations. Ethereum, BNB, Solana are all three coins that I see hope for in the future. These three coins performed quite well compared to all other coins. Solana has been performing incredibly well this year. Everyone has high expectations from Solana Coin if the bull season starts ahead. but if you are investing in strong altcoins like ethereum and binance , now there is SOlana ? then that is the best position to put your money.
actually all investment in the world is risky , even the strongest coin BITCOIN is risky to invest with but indeed that more risky in altcoin and more if you try new project or those shitcoins.
but if you are investing in strong altcoins like ethereum and binance , now there is SOlana ? then that is the best position to put your money.
but if you are investing in strong altcoins like ethereum and binance , now there is SOlana ? then that is the best position to put your money.
Every investment holds a level of risk, it’s up to you to do your own research, due diligence & risk assessment as to what you want to invest in & how much capital you wish to allocate into them. Altcoins carry a risk of course, some more so than others.
You're absolutely right as long as the crypto investment is concerned there is always a risk, even outside this crypto world there is still risk, what really matters is how to go about those risk. most people have chosen not to invest in altcoins due to risk that is involved, mostly when they see people talking about there past experience they had in altcoin investment. though altcoin investment is all about choice, forcing someone to go into altcoin investment is not good because most people Is not ready to bare the risk, of course everyone is entitled to chose what is best for them either.
Every investment holds a level of risk, it’s up to you to do your own research, due diligence & risk assessment as to what you want to invest in & how much capital you wish to allocate into them. Altcoins carry a risk of course, some more so than others.
Apparently every thing in life is risky, whether one decide to try or not they are already taking a risk of losing if they don't try so the only option is to keep taking the risk. But in the cost of taking a risk, it's best to make a level or research that could help in reducing the rate of risk involved, a good risk management plan and research can cut down the cost of losses which is the best advised I have ever come across in this board.
Every investment holds a level of risk, it’s up to you to do your own research, due diligence & risk assessment as to what you want to invest in & how much capital you wish to allocate into them. Altcoins carry a risk of course, some more so than others.
But the top 10 altcoins cannot give you significant profits. As you said it will be difficult for coins in the top 10 to record increases of hundreds of percent. Only ETH, BNB and SOL have good profits. Other coins such as XRP and ADA do not provide profits. USDT and USDC are stable coins. DOGE and SHIB are meme coins. I excluded TON because the project only entered the top 10 in the last few months and not in the last year.
It does not possess any surety that top coins will give you profit instead of Ethereum, BNB and Solana because they have proved to be a successful coin in the past and also will have a successful future. Meme coins can give us huge profit suddenly but it can also drop our money suddenly without giving us time to sell them in order to reduce our loss.
Newly created coins have the ability to pump very quickly but nobody knows which new coin will be a better one so I think if someone wants huge profit then they have to choose new coins with their risk. Many people prefer new coins as compared to top 10 coins because their productivity is higher than that of top coins and people want to find a chance to increase the worth of their money instead of waiting for years for top coins.
Investing in altcoins is always risky even if it is a bull season we cannot say that the altcoin we buy will rise up after we buy and we will earn, it is not that simple, we still need to be careful specially on choosing the coins to buy this is the very hard part as an investors when we are going to choose the best we need a proper research to avoid losing money.
Yes I agree with you that investing in top ten altcoins is a good decision to invest. If the top 10 coins include meme coins there then I don't want to go there. Also among the ten coins are several coins that have not increased in value much. Among the top 10 altcoins my favorites are Ethereum, BNB, Solana coin. These coins have performed well recently, although the price has dropped slightly. But I am optimistic that these three coins will perform well in the coming bull season. So, I think three of the top 10 altcoin will help to spread the investment of coins and get much profit in future.
But the top 10 altcoins cannot give you significant profits. As you said it will be difficult for coins in the top 10 to record increases of hundreds of percent. Only ETH, BNB and SOL have good profits. Other coins such as XRP and ADA do not provide profits. USDT and USDC are stable coins. DOGE and SHIB are meme coins. I excluded TON because the project only entered the top 10 in the last few months and not in the last year.
In my opinion, there will be no risk investing in altcoins if you can choose altcoins that have the potential to provide profits, such as the top 10 altcoins that have been proven to generate profits in the short and long term. Moreover, in the current market situation investing in the top 10 altcoins is very good and you will be able to get satisfactory profits.
Yes I agree with you that investing in top ten altcoins is a good decision to invest. If the top 10 coins include meme coins there then I don't want to go there. Also among the ten coins are several coins that have not increased in value much. Among the top 10 altcoins my favorites are Ethereum, BNB, Solana coin. These coins have performed well recently, although the price has dropped slightly. But I am optimistic that these three coins will perform well in the coming bull season. So, I think three of the top 10 altcoin will help to spread the investment of coins and get much profit in future. 
I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
There has never been a time it is not risky to invest in Altcoins it always risky more risky as when compared with Bitcoin, it requires lots of thorough research and analysis to fully know the altcoin that is good enough to invest and in doing such it is personal and should always be aware of the risk involvement in order to know know to go about it when things didn't work out in your favor.
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