Reason why I won't be buying top altcoins in this bear market - page 4.

Mr. Magkaisa

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Quote from: CryptoATM on June 16, 2022, 06:31:34 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.

Most of the altcoins here in this industry are not really good, let say 50% of them are turn into zero value now while the remaining percentage are not. Because if all of them are not good, surely most of the community will going to have an interest into cryptocurrency, but why some of the biggest company and other successful businessmen are investing into cryptocurrency? that is because they saw some potentials and development in it something like that.

ElmedoRator

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Quote from: CryptoATM on June 16, 2022, 06:31:34 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.

They all seem to mean the same thing, to be fair there are great altcoins and altcoins that have lost the position they created after the hype trends. During the bear market, most altcoins lose their value, and this period will create a purge of really strong projects that will survive and continue to grow in accordance with the targets set before.

Coinmaster2.5

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Quote from: brat111111 on June 24, 2022, 11:28:20 AM

Quote from: 100xcoin on June 23, 2022, 10:13:26 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

Top altcoins are overvalued even during the fall of the market.
New coins allow to have more profit expecialy when market falls, but it is very important to check everything before investing to evaluate the future potential of the coin.

Fall of the market it is very risky time to buy new altcoins because not all the projects will be able to survive during the fall of the market.
That is why it is necessary to study to evaluate the future potential of the coin.

GatotKaca

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Quote from: mumang siat on June 24, 2022, 03:32:06 AM

I mean potential altcoins will provide a sense of security in carrying out investments, this kind of coin is able to survive in market conditions being corrected, compared to ordinary altcoins that have no strength, bitcoin is indeed the best for now, but if you buy at the wrong time too will not provide an appropriate return, for example we buy bitcoin at a high price, precisely to get a return we have to wait for the achievement of ATH, all forms of investment in coins must really be done at the right time

to get returns that hit ATH, it's just a matter of time. when we get the right assets, I think we have no problem when the market is down.
if we look at the history of top altcoins like BNB and ETH. as well as BTC, we can always get new ATH when we patiently wait for returns.
we must have experienced it, buying at the wrong time. and all depends on our decision. want to exit with a loss, or patiently wait for a better return according to our plans.

Frengki_cisco

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Quote from: CryptoATM on June 16, 2022, 06:31:34 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.

With events like now we can judge that the rich have started to enter the crypto world, many investors have broken out, each of them wants to create their own coin, wishing to do the Fort market on their own, in fact, all of that fantasy never materialized and died.

With the concept of investors without considering market risks and the coins they create, many of them run into debt, because of their projects, I think in the future Bitcoin, Ethereum, BNB can still be relied on.

fosco333

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Indeed many altcoins are like that, but not all altcoins will never reach ATH again.
If we look few altcoins such as BNB and ETH, it reached its ATH multiple times, and during this bear market, it is a good opportunity to buy some of the coins because we know it will reach ATH again.

brat111111

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Quote from: 100xcoin on June 23, 2022, 10:13:26 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

Top altcoins are overvalued even during the fall of the market.
New coins allow to have more profit expecialy when market falls, but it is very important to check everything before investing to evaluate the future potential of the coin.

mumang siat

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Quote from: GatotKaca on June 22, 2022, 10:32:56 PM

Quote from: mumang siat on June 22, 2022, 10:13:47 PM

Quote from: CryptoATM on June 16, 2022, 06:31:34 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.

There are certain factors that keep an altcoin from reaching its highest point, for example the strength of the coin is weak and even the coin is a meme that doesn't have a community to support it.
altcoin rankings do not guarantee that they will be priced high, or they are not a benchmark against altcoin journeys, because basically almost every time a new coin is launched in the market, so coins that have no power will continue to lag behind and die over time

but altcoins from big projects always have the backing of market forces. when the bears come and break the market trend, many people will aim to own more bitcoins. some even sell their altcoins to get bitcoins at a cheaper price. the main reason is faster returns from bitcoin.
It's not that the big altcoins in the market aren't worth holding on to in the long bear momentum. we could have a potential altcoin for a long period. it will give a nice return when the market turns on a bull trend.

I mean potential altcoins will provide a sense of security in carrying out investments, this kind of coin is able to survive in market conditions being corrected, compared to ordinary altcoins that have no strength, bitcoin is indeed the best for now, but if you buy at the wrong time too will not provide an appropriate return, for example we buy bitcoin at a high price, precisely to get a return we have to wait for the achievement of ATH, all forms of investment in coins must really be done at the right time

100xcoin

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Quote from: jeha2015 on June 20, 2022, 08:49:12 AM

Quote from: Jatiluhung on June 19, 2022, 06:58:14 PM

I almost think the same as the OP. not always those who have a high rank will be safe to invest. So this is where we have to be observant to see the potential in the future. like seeing upcoming projects in a roadmap. However, the risk is indeed less if it is included in the top 10 of the CMC rank. because after all the community has been formed solidly. but for greater profit it is in the new project. but the risk is high.

new projects still have big gap with major caps if could build product and community solidly. when it formed well and perfect with all utility and solid community , new projects could give us more than 10x return in less a year. although it have big risk but need to consider as investment choice.

This kind of solid new project is rare and even though they could be successful in less than a year,the luna fall has already teach us something.
So,we have to be critical in terms of choosing new project to follow,be it their developer background or whitepaper.Even after you've done your research and you still got it wrong in the future,that's the unavoidable risk you've to bear.

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

Widdop37

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Quote from: Tomcolor on June 21, 2022, 11:32:19 AM

No chance for big profits of buying altcoins in bear market but if you can buy before starting bear market then it should be right situation. Anyway we should take long time for research investment in a project even follow right market position.

Sorry I don't think I understand what you are trying to say, the best time to buy altcoins is in the bear market, buying before the start of a bear market like you said is 100% dumb, buying 100 pieces of token for 100$ or buying 100 pieces for 20$ which one makes sense the most? I think you need to learn more about perfect time to buy coins and tokens instead of spreading bad advice on here.

wiss19

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Quote from: someone703 on June 20, 2022, 03:53:08 AM

I see many ways of looking at this, but instead of talking about them in general, let's show the general cases where there are such things, and the opposite is not what the OP has expressed. During a bear market, most coins did not offer any particular returns, and many of them lost their hold on the hype that propelled them there, and as the purge If something happens that is no longer able to solve the user's demand, leading to profitable value for investors, it will automatically lose its position.

There is no need for an example, if you look at the previous ATH periods, like 2014 and 2017, you will see that the top is different from those days to this day. There are only a few that stays at that level, but aside from them, there are none that stayed and all left. I get that "USDT" seems top 10, but that's a stablecoin and I always say that they should not be ranked at all.

But if we look at btc, eth, even bnb, those are coins that are getting a ton of attention and they are doing the right thing. This means that you do not need to know if the top 10 coins will be good or not, there will be some that will stay top 10 and be good, and some will be bad and go down.

Ozero

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Quote from: yazher on June 16, 2022, 08:42:38 AM

Some of your arguments are right and some needs to be corrected. for the altcoins that will not gonna survive this bearish market, I'm sure there are lots of them who will also give up their project and be replaced by another that has real road maps to follow and have real teams to do the promotions. that's why we need to be careful not to listen to those who will gonna take advantage to promote their project and they will gonna perform rug pull, that will be the worst thing to happen to you if you fell into those kinds of traps.

Right now, it is better to buy bitcoin, ethereum and other top altcoins than other cryptocurrencies that have been appearing lately. I agree that many altcoins during the crypto winter will no longer recover and leave this market, but top altcoins with a large level of capitalization have more chances to survive than others. Yes, many top altcoins will move down, while others will rise. This is a normal market improvement process. Now there are almost 20,000 cryptocurrencies on the cryptocurrency market. Indeed, many will not survive after this period of prolonged decline, and this is quite normal. Thus, the market is always cleared of unnecessary ballast.

GatotKaca

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Quote from: mumang siat on June 22, 2022, 10:13:47 PM

Quote from: CryptoATM on June 16, 2022, 06:31:34 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.

There are certain factors that keep an altcoin from reaching its highest point, for example the strength of the coin is weak and even the coin is a meme that doesn't have a community to support it.
altcoin rankings do not guarantee that they will be priced high, or they are not a benchmark against altcoin journeys, because basically almost every time a new coin is launched in the market, so coins that have no power will continue to lag behind and die over time

but altcoins from big projects always have the backing of market forces. when the bears come and break the market trend, many people will aim to own more bitcoins. some even sell their altcoins to get bitcoins at a cheaper price. the main reason is faster returns from bitcoin.
It's not that the big altcoins in the market aren't worth holding on to in the long bear momentum. we could have a potential altcoin for a long period. it will give a nice return when the market turns on a bull trend.

mumang siat

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Quote from: CryptoATM on June 16, 2022, 06:31:34 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.

There are certain factors that keep an altcoin from reaching its highest point, for example the strength of the coin is weak and even the coin is a meme that doesn't have a community to support it.
altcoin rankings do not guarantee that they will be priced high, or they are not a benchmark against altcoin journeys, because basically almost every time a new coin is launched in the market, so coins that have no power will continue to lag behind and die over time

Abiky

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Quote from: Slow death on June 19, 2022, 05:52:45 PM

honestly I don't invest in altcoins anymore, altcoins have become something that will only make people lose money. after the last events it became clearer how dangerous altcoins are for this market, even these top altcoins are not good investments. ETH which is an altcoin that looked promising also depends a lot on bitcoin, when the price of bitcoin drops a lot it takes all altcoins together, so I see no reason to buy altcoins, it is better to buy bitcoin than altcoins. at least we know that bitcoin is more reliable even when its price drops a lot we can predict that one day it will rise in price again

Altcoins are a much risky investment than Bitcoin itself. Their price fluctuates like crazy. Only those who know what they're doing will be able to make profits within the ups and downs. Relying on alts as a long-term investment is not recommended as they could easily disappear due to developers abandoning the project or pulling off a scam altogether (except for a few good-old ones like Ethereum, Monero, and Litecoin). We should all focus on Bitcoin since it's the cryptocurrency that started it all. Without Bitcoin, altcoins would be nothing today.

So far, no other cryptocurrency can outmatch Bitcoin in terms of decentralization and censorship-resistance. With no direct competitor against Bitcoin, it's likely 99.9% of alts will fail while the "King" will still be around with us. Who knows what the future holds for the entire crypto/Blockchain industry? Just my thoughts Grin

Lantind

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Quote from: jokers10 on June 21, 2022, 10:56:11 AM

Quote from: Lantind on June 21, 2022, 12:58:38 AM

Quote from: jokers10 on June 19, 2022, 09:35:09 AM

Quote from: Lantind on June 19, 2022, 02:21:18 AM

That's why the three coins continue to grow until now, no one can replace them, many communities and investors prefer BTC, ETH and BNB, but unfortunately at the moment these three coins are experiencing severe correction, but that does not mean they are not worth investing in. I suggest buying these three coins, because when the market returns to normal, we will get a fairly maximum return

It is highly likely so but any project can have some unexpected problems. If bitcoin will unexpectedly fail all crypto'll do the same so no sense in discourse about it. And as for ETH or BNB and of them can do some mistakes wich can cause lowering their rates: ETH plans to switch from PoW to PoS what can be painful (or beneficial, who knows?), BNB reputationally is strongly connected with an exchange and any problems with it can cause problems with BNB. I think it is important to keep in mind that everything is risky, even high trusted projects.

It is undeniable that all projects have different levels of risk, this is no exception to Bitcoin, Ethereum and BNB, but if you pay further attention, the three coins are more trusted in the long run, compared to other existing coins, that is why Many people play more active role in investment in the three coins, all things can happen in investment, a lot of support that makes them develop even vice versa, but talking about the reputation of the three coins more reliable

Bitcoin is first and still represents all crypto in most cases so no doubts: if to decide to invest in crypto bitcoin will be the most reliable option. Ethereum is the first and most popular cryptocurrency with an option of making own tokens and I guess still with majority of tokens. And BNB... it is rather young coin and still very connected with an exchange, I think it should work very hard to pretend to be as well known as Ethereum and do something impossible to get a result somelike Bitcoin. IMO.

Although some reasons say that the current market conditions are the worst correction phase that has no chance of recovering in the near future, but these three coins are the best for now, Bitcoin, Ethereum and BNB are worth investing in, because when compared to other coins.
Bitcoin, Ethereum and BNB are worth investing in. In addition, only these three coins are able to provide a definite level of security in investing, the majority of people only trust and keep these three coins as their investment assets.

TopT3ns

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I think when a bear market occurred some time ago, it could give you a golden opportunity to buy altcoins, but to note that the altcoins you have to buy are altcoins that have good potential and have many requests such as BSC, Ethereum, Shiba and others so that it will easy to recover and when the price bounces will give you a lot of profit.

SistaFista

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If you are not sure with top altcoins, why not try with bitcoin ? Seems like bitcoin is different with the rest of the coins.
But i don't know if the history will repeat itself again, but it should be a great opportunity to get bitcoin with such low price.
Try to buy bitcoin and hold it for several years, who knows...

Tomcolor

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No chance for big profits of buying altcoins in bear market but if you can buy before starting bear market then it should be right situation. Anyway we should take long time for research investment in a project even follow right market position.

jokers10

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Quote from: Lantind on June 21, 2022, 12:58:38 AM

Quote from: jokers10 on June 19, 2022, 09:35:09 AM

Quote from: Lantind on June 19, 2022, 02:21:18 AM

That's why the three coins continue to grow until now, no one can replace them, many communities and investors prefer BTC, ETH and BNB, but unfortunately at the moment these three coins are experiencing severe correction, but that does not mean they are not worth investing in. I suggest buying these three coins, because when the market returns to normal, we will get a fairly maximum return

It is highly likely so but any project can have some unexpected problems. If bitcoin will unexpectedly fail all crypto'll do the same so no sense in discourse about it. And as for ETH or BNB and of them can do some mistakes wich can cause lowering their rates: ETH plans to switch from PoW to PoS what can be painful (or beneficial, who knows?), BNB reputationally is strongly connected with an exchange and any problems with it can cause problems with BNB. I think it is important to keep in mind that everything is risky, even high trusted projects.

It is undeniable that all projects have different levels of risk, this is no exception to Bitcoin, Ethereum and BNB, but if you pay further attention, the three coins are more trusted in the long run, compared to other existing coins, that is why Many people play more active role in investment in the three coins, all things can happen in investment, a lot of support that makes them develop even vice versa, but talking about the reputation of the three coins more reliable

Bitcoin is first and still represents all crypto in most cases so no doubts: if to decide to invest in crypto bitcoin will be the most reliable option. Ethereum is the first and most popular cryptocurrency with an option of making own tokens and I guess still with majority of tokens. And BNB... it is rather young coin and still very connected with an exchange, I think it should work very hard to pretend to be as well known as Ethereum and do something impossible to get a result somelike Bitcoin. IMO.

Topic: Reason why I won't be buying top altcoins in this bear market - page 4. (Read 1417 times)