Reason why I won't be buying top altcoins in this bear market

GigaBit

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Quote from: cryptoexchanger.org on July 15, 2022, 05:36:30 PM

Quote from: Artik_Finance on July 14, 2022, 04:06:33 PM

Quote from: 100xcoin on June 23, 2022, 11:13:26 AM

The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Inspite of very difficult time it is very important to continue to develop the project even during the fall of the market because during the fall of the market only the best projects will able to survive.

Not all people can risk buying cryptocurrency now.
Fall of the market is very risky time because not all the cryptocurrency projects will be able to survive during the fall of the market.

At present those who haven't purchase yet bitcoin may not have that opportunity after a few days later. There are many people who are thinking about altcoins instead of buying bitcoins. Because to get good returns from Bitcoin, a large amount of investment is required. But altcoins are different this aspect. Some altcoins that may never return while there are some others are the most potential to earn more than expectation. But I would say that a bear market is the perfect time to buy any coin. Researching the past, present and future of a particular coin and buying, it will definitely be profitable in the next bull market.

MFahad

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Quote from: CryptoATM on June 16, 2022, 07:31:34 AM

1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.

The best strategy is to buy as it goes down. Don’t buy all at once. Look for the support lines, that’s where you’re purchasing. Resistance is where you’re selling. This crypto winter will last a long time because sentiment is at an all time low. People don’t feel as enthusiastic to invest into the market like before and believe in the projects less.

Artik_Finance

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Quote from: Angry_Kitty on July 20, 2022, 02:09:24 PM

Quote from: 100xcoin on June 23, 2022, 11:13:26 AM

The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Bear market is a good opportunity to buy the tokens for the best price.
Now the cryptocurrency market started to recovery but it is very difficult to say how long it will recover.

Fall of the market is very risky time but this time gives a lot of opportunities for investors.
It is important to buy new and prospective tokens for the best price during the fall of the market to have maximum profit from investment.

Angry_Kitty

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Quote from: Impact_Women on July 19, 2022, 03:17:24 PM

Quote from: 100xcoin on June 23, 2022, 11:13:26 AM

The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Now cryptocurrency market started to rise. Hope such rise will continue because many people are waiting for the rise of the market and are looking for a new opportunities that new projects bring for people.

Bear market is a good opportunity to buy the tokens for the best price.
Now the cryptocurrency market started to recovery but it is very difficult to say how long it will recover.

RussiaUkraineTranslation

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Quote from: Impact_Women on July 19, 2022, 03:17:24 PM

Quote from: Corsac on July 18, 2022, 03:19:40 PM

Quote from: 100xcoin on June 23, 2022, 11:13:26 AM

The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Fall of the market is very risky time but also it is a time of many opportunities because only during the fall of the market the price of the tokens is more profitable for investment.

Now cryptocurrency market started to rise. Hope such rise will continue because many people are waiting for the rise of the market and are looking for a new opportunities that new projects bring for people.

I also believe in investing in new projects like Layer0 and MAXX Finance. Bull markets are the best time to launch because there is less downward sell pressure from BTC holders and BTC bots on exchanges impacting alt prices.

Impact_Women

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Quote from: Corsac on July 18, 2022, 03:19:40 PM

Quote from: 100xcoin on June 23, 2022, 11:13:26 AM

The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Fall of the market is very risky time but also it is a time of many opportunities because only during the fall of the market the price of the tokens is more profitable for investment.

Now cryptocurrency market started to rise. Hope such rise will continue because many people are waiting for the rise of the market and are looking for a new opportunities that new projects bring for people.

Davian144

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Quote from: hamba laeh on July 17, 2022, 01:02:33 PM

yes I agree with your first and third reasons because many of the current top altcoins will not reach their highest point again because the current creation of altcoins is very much and some of them will be in the top 10 - 20 positions on coinmarketcap. but I don't agree with reason no. 2 because on coinmarketcap it can be seen from the total volume that is there to occupy the top position. and there will definitely be the latest altcoins that are trending all the time, so the top altcoins will shift temporarily. so everything goes according to the trend.

Everything will go according to trend, but there are not many new trends that last long in the crypto space so you will also see several different coins that are ranked the best in coinmarketcap. Though it used to be not in the best ranking on coinmarketcap. For example, UNUS SED LEO is already ranked 19th in coinmarketcap. Where it indicates that UNUS SED LEO has begun to be in demand by some people, thus making the volume increase.

romero121

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Quote from: MFahad on July 18, 2022, 08:39:08 PM

Quote from: CryptoATM on June 16, 2022, 07:31:34 AM

1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.

The best strategy is to buy as it goes down. Don’t buy all at once. Look for the support lines, that’s where you’re purchasing. Resistance is where you’re selling. This crypto winter will last a long time because sentiment is at an all time low. People don’t feel as enthusiastic to invest into the market like before and believe in the projects less.

Agreed, the right way to profit is to buy when the market reaches the bottom. The top altcoins on the market will have slight variation in the rank and not a big deviation. So, it is always good choice to invest at the bottom than buying when the price have begun to progress.

This time the bear market is supposed to last longer, but there is growth taking place in between which is good to book profit at possible points. The growth of ethereum have lowered the dominance of bitcoin which might reflect in the bounce back of few altcoins.

Xampeuu

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Quote from: MFahad on July 18, 2022, 08:39:08 PM

Quote from: CryptoATM on June 16, 2022, 07:31:34 AM

1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.

The best strategy is to buy as it goes down. Don’t buy all at once. Look for the support lines, that’s where you’re purchasing. Resistance is where you’re selling. This crypto winter will last a long time because sentiment is at an all time low. People don’t feel as enthusiastic to invest into the market like before and believe in the projects less.

it's true, don't let us buy all at once, considering we don't know what will happen, even though our price predictions are already on the floor. With the selection of the right altcoins supported by gradual purchases to anticipate the possibility of a further decline, we will get a profit faster if the price goes down again, because we have the opportunity to get the lowest price. high-end coins are not a guarantee of good prices, but at least they are less likely to be scammed, unless there is an extraordinary event like the recent altcoin incident.

bittraffic

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What goes up must come down phrase doesn't apply to ranks in altcoins. If it goes down, It digs the ground and bury itself.

Quote from: CryptoATM on June 16, 2022, 07:31:34 AM

3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.

This I know for sure its true. Look at NEM and DASH that I have been holding for years. They are not even on top 50. They used to be the top coins, whats worse is their price didn't also made it.

Corsac

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Quote from: FiPi on July 17, 2022, 12:15:07 PM

Quote from: 100xcoin on June 23, 2022, 11:13:26 AM

The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

During the fall of the market it is possible to buy tokens of new and prospective projects for the best price but the most important is to evaluate the potential of the coin.

Fall of the market is very risky time but also it is a time of many opportunities because only during the fall of the market the price of the tokens is more profitable for investment.

hamba laeh

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Quote from: CryptoATM on June 16, 2022, 07:31:34 AM

1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.

yes I agree with your first and third reasons because many of the current top altcoins will not reach their highest point again because the current creation of altcoins is very much and some of them will be in the top 10 - 20 positions on coinmarketcap. but I don't agree with reason no. 2 because on coinmarketcap it can be seen from the total volume that is there to occupy the top position. and there will definitely be the latest altcoins that are trending all the time, so the top altcoins will shift temporarily. so everything goes according to the trend.

FiPi

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Quote from: Corsac on July 16, 2022, 04:18:04 PM

Quote from: 100xcoin on June 23, 2022, 11:13:26 AM

The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Now it is possible to buy cryptocurrency for the best price because cryptocurrency market falls and the price for digital assets is best.
The most important is to evaluate the potential of the coin.

During the fall of the market it is possible to buy tokens of new and prospective projects for the best price but the most important is to evaluate the potential of the coin.

Corsac

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Quote from: cryptoexchanger.org on July 15, 2022, 05:36:30 PM

Quote from: 100xcoin on June 23, 2022, 11:13:26 AM

The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Not all people can risk buying cryptocurrency now.
Fall of the market is very risky time because not all the cryptocurrency projects will be able to survive during the fall of the market.

Now it is possible to buy cryptocurrency for the best price because cryptocurrency market falls and the price for digital assets is best.
The most important is to evaluate the potential of the coin.

cryptoexchanger.org

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Quote from: Artik_Finance on July 14, 2022, 04:06:33 PM

Quote from: 100xcoin on June 23, 2022, 11:13:26 AM

The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Inspite of very difficult time it is very important to continue to develop the project even during the fall of the market because during the fall of the market only the best projects will able to survive.

Not all people can risk buying cryptocurrency now.
Fall of the market is very risky time because not all the cryptocurrency projects will be able to survive during the fall of the market.

Artik_Finance

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Quote from: Impact_Women on July 13, 2022, 05:57:15 AM

Quote from: 100xcoin on June 23, 2022, 11:13:26 AM

The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

Now it is vey difficult time for all cryptocurrency projects because all market falls. Not only the cryptocurrency market.
In many countries inflation is so big that people simple do not have enough money for life.

Inspite of very difficult time it is very important to continue to develop the project even during the fall of the market because during the fall of the market only the best projects will able to survive.

Impact_Women

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Quote from: Buakaw_Club on July 12, 2022, 03:37:45 AM

Quote from: 100xcoin on June 23, 2022, 11:13:26 AM

The fall of the market is the best time to buy tokens of new and prospective projects.
But it is also very risky time, because not all the projects will be able to survive during the fall of the market.
A lot depends what project offer and how it is useful for people like this https://twitter.com/BackedTeam/status/1536639669701685254

It is very important to continue to develop the project during the fall of the market. Fall of the market is very dangerous time for all cryptocurrency projects but the most dangerous is that now economic situation unstable and all market falls.

Now it is vey difficult time for all cryptocurrency projects because all market falls. Not only the cryptocurrency market.
In many countries inflation is so big that people simple do not have enough money for life.

virasisog

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Quote from: Altryist on July 12, 2022, 09:44:33 AM

Quote from: Russlenat on July 08, 2022, 02:40:24 PM

Altcoin investment is too risky especially when the market is in a deep bearish. Some may look very tempting because of their cheap value but the question is if they can survive if the market remains to be in a long term bearish. I believe those who don't have real utility cases won't sustain their value and eventually get lost in the market. So do not take the risk investing in altcoins particularly if you are still a newbie. Instead, stick on bitcoin and invest for long term because its the safest investment that would make you profitable as long as you sell it at a high and reasonable value.

In some cases, altcoins can really grow very well, but not all altcoins can do this, and that is why the risk of losing money with altcoins is much higher. Bitcoin is a reliable investment (as far as it can be), in the world of cryptocurrencies today it is perhaps the most reliable investment. It is possible that something will change in the future, but so far there are no prerequisites for this.

That's why it's better if we will risk on coins with huge potential so we will not lose our funds, especially during this bearish season. Bitcoin and other reliable cryptocurrencies like BNB and Ethereum can resist this bearish market so they are worth buying. We can't predict the future of the market but we can have assurance with well-established coins. Our hard-earned funds will not be wasted if we'll invest them wisely.

jaberwock

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Quote from: livingfree on July 11, 2022, 07:33:35 PM

Quote from: Beverly_Trees on July 11, 2022, 06:11:38 AM

Not all the projects will be able to survive during the fall of the market. So if you are not sure in the future potential of the coin it is better not to invest in it.

It's shaking all the market and that's why many "good" projects will be eliminated and will lose their value on this bear market. Just how it was during the last bear market.

This is where this current bear market is heading.

And I agree to you, if someone is interested in buying some tokens of these projects that they spotted. They need to think of it because they might not survive.

I think he was talking about those bad projects only. After every bear, there are always bad projects that dies and unfortunately most of them are too strong to hold on while all good projects are still complete. Why will they die when many people continue to show their support on them? They may lose some of their value during a bear market but that was normal because that was bear market all about.

It happens in order for the investors to buy the coins at a discounted price. Having a doubt is a sign that one should not continue on what they are planning to do because usually only the bad thing can only happen to them. There are still popular coins out there which can give them a confidence.

fzkto

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Historically, altcoins have grown stronger than bitcoin after another bear season. For example in 2018 ETH could easily be bought for $100 and even now it is worth 10 times that. But buying altcoins is always a gamble. But it seems to me that now is a good time to buy for perspective.

Topic: Reason why I won't be buying top altcoins in this bear market (Read 1392 times)