Reason why I won't be buying top altcoins in this bear market - page 5.

judaspriest

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Quote from: jeha2015 on June 20, 2022, 09:49:12 AM

Quote from: Jatiluhung on June 19, 2022, 07:58:14 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.

I agree with you even though it looks quite troublesome with us to be critical but at least it's for ourselves,
it is very important to do in-depth research and we should really take the time for that,
but again it depends on each person

Asiska02

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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.

This is so true, about more than 50% of them won’t get there again-all time high.

Quote

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 is exactly the way it works, the investors come in and boost a project for their own gain. After that, the coins are dumped again. They do this for their own self benefit. They own and control the altcoins and can do anything they like with those coins.

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Quote from: jokers10 on June 19, 2022, 10:35:09 AM

Quote from: Lantind on June 19, 2022, 03:21:18 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

RussianEnglishTranslation

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Quote from: Questat on June 20, 2022, 10:18:24 AM

Quote from: blockman on June 20, 2022, 09:27:12 AM

Quote from: Kunnu on June 20, 2022, 04:46:05 AM

Somewhere your point of view is correct I also think that some top ranked altcoins will be replaced by other quality altcoins except Ethereum nevertheless I think rank doesn't matter we should consider to invest in good utility and strong fundamental based altcoins although the current market condition is not appropriate to invest more money in altcoins now the time is to have patience and hope for something positive.

We have the same belief that Ethereum will never be replaced in its rank. But the other altcoins, they're likely to be exchange ranks and places because it's the most volatile of them all. The investors that have diversified a lot from altcoins and didn't save bitcoin or Ethereum, they're the ones that will have the bloodiest portfolio of them all. Too many exchanges shall happen and the strongest last year might be the weakest for this year and for the next years to come. It's a cycle and a continuous change.

There is a possible reshuffle of coins rank after this bear season as I'm going to believe that only reliable and has working products will survive while useless and shitcoins will dump to die. In fact, we'd seen this situation before, numbers of projects went down and never recover anymore. This is expected to see and so investing those coins that have been known to its profitability like ETH and BNB are worth to buy during this time.

Binance may be sued by the SEC, which will make BNB dump even further. Ethereum looks like it is going to keep going down. The best way IMO to make money in this market is to buy alts that already bottomed and are rebounding, like 0xMR, HBAR, and CNDL.

bestcoins1

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Quote from: jeha2015 on June 20, 2022, 09:49:12 AM

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.

If it needs to be considered, then try to consider it from the start if you really know the new project very well, because usually early investors in new projects are always more profitable than investors who are late in entering new projects. Even though the foundation is very solid, it is still possible for it to worsen again when market conditions are not good.

Questat

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Quote from: blockman on June 20, 2022, 09:27:12 AM

Quote from: Kunnu on June 20, 2022, 04:46:05 AM

Somewhere your point of view is correct I also think that some top ranked altcoins will be replaced by other quality altcoins except Ethereum nevertheless I think rank doesn't matter we should consider to invest in good utility and strong fundamental based altcoins although the current market condition is not appropriate to invest more money in altcoins now the time is to have patience and hope for something positive.

We have the same belief that Ethereum will never be replaced in its rank. But the other altcoins, they're likely to be exchange ranks and places because it's the most volatile of them all. The investors that have diversified a lot from altcoins and didn't save bitcoin or Ethereum, they're the ones that will have the bloodiest portfolio of them all. Too many exchanges shall happen and the strongest last year might be the weakest for this year and for the next years to come. It's a cycle and a continuous change.

There is a possible reshuffle of coins rank after this bear season as I'm going to believe that only reliable and has working products will survive while useless and shitcoins will dump to die. In fact, we'd seen this situation before, numbers of projects went down and never recover anymore. This is expected to see and so investing those coins that have been known to its profitability like ETH and BNB are worth to buy during this time.

jeha2015

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Quote from: Jatiluhung on June 19, 2022, 07:58:14 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.

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Quote from: Kunnu on June 20, 2022, 04:46:05 AM

Somewhere your point of view is correct I also think that some top ranked altcoins will be replaced by other quality altcoins except Ethereum nevertheless I think rank doesn't matter we should consider to invest in good utility and strong fundamental based altcoins although the current market condition is not appropriate to invest more money in altcoins now the time is to have patience and hope for something positive.

We have the same belief that Ethereum will never be replaced in its rank. But the other altcoins, they're likely to be exchange ranks and places because it's the most volatile of them all. The investors that have diversified a lot from altcoins and didn't save bitcoin or Ethereum, they're the ones that will have the bloodiest portfolio of them all. Too many exchanges shall happen and the strongest last year might be the weakest for this year and for the next years to come. It's a cycle and a continuous change.

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Quote from: Kunnu on June 20, 2022, 04:46:05 AM

Somewhere your point of view is correct I also think that some top ranked altcoins will be replaced by other quality altcoins except Ethereum nevertheless I think rank doesn't matter we should consider to invest in good utility and strong fundamental based altcoins although the current market condition is not appropriate to invest more money in altcoins now the time is to have patience and hope for something positive.

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.

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Somewhere your point of view is correct I also think that some top ranked altcoins will be replaced by other quality altcoins except Ethereum nevertheless I think rank doesn't matter we should consider to invest in good utility and strong fundamental based altcoins although the current market condition is not appropriate to invest more money in altcoins now the time is to have patience and hope for something positive.

Jatiluhung

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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.

Psynthax

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The current bearish is quite literally just following the past chart, of course there's gonna be bearish after huge waves of bullish already coming.
If it's the matter of reaching ATH, I'm sure majority of the altcoins in the future gonna reach their ATH and may be even surpassed it. If you could analyze the chart from the past, you could figure out that before reaching the new ATH most of the altcoins gonna be reaching ATL first.

gurunanakji777

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Everyone has their own opinion and approach towards the market but you are somehow right to some extent when an altcoin drops more than 70-90% from its ATH the trust factor also breaks as we see in the past many good altcoins could not rise much in the previous bull run and noticed investor focused on the new coins rather than some old coins but still those coins are surviving. We all know new good projects can help us to make a good profit and we should move with the trend and in the previous trend, mostly investors focused on meme coins. Let's wait what trend will be more popular in the next bull run then only can decide what to do till then can buy some top coins at a cheap price.

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Quote from: Lantind on June 19, 2022, 03:21:18 AM

Quote from: bounceback on June 18, 2022, 03:39:17 AM

Quote from: Lantind on June 18, 2022, 12:35:42 AM

Quote from: Godday on June 18, 2022, 12:25:21 AM

I totally agree with what you have said. I mean we should understand that altcoins are not a good choice in these bear market times. I prefer to put my funds on coins or tokens that already have good fundamentals in the market and of course they are not altcoins. I am a person who prefers to invest on the long term and I think that is the best choice I can make.

The bear market is not suitable for buying altcoins, this will create a lot of speculation if it continues to be forced to buy, therefore it's good when market conditions are like now, investing in coins that have strong fundamentals, strength and utility at market times back on the green line, at least the coin gets the top 5 place the correction phase is complete, if we are not on a coin like this, then the return on investment will not produce maximum profit

Only Bitcoin, Ethereum and BNB are likely to be irreplaceable in the market because these three coins have so far received very high trust from the public so that even when the bull market has returned and many new coins have emerged that are built with better technology but I don't think it makes investors leave the three coins because the three coins have proven to be able to provide greater returns than investing with coins that only rely on hype.

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

you see that no investors will like to buy coin that is not good or that does not have live of living. Bitcoin is strongest cryptocurrency that the volatility is encouraging and this bear market every one will be careful of the coin they invest with so that if the bearish market continue they still have hope increasing one day, Bitcoin. Ethereum. BNB have such good market volatility

gurunanakji777

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Everyone has their own opinion and approach towards the market but you are somehow right to some extent when an altcoin drops more than 70-90% from its ATH the trust factor also breaks as we see in the past many good altcoins could not rise much in the previous bull run and noticed investor focused on the new coins rather than some old coins but still those coins are surviving. We all know new good projects can help us to make a good profit and we should move with the trend and in the previous trend, mostly investors focused on meme coins. Let's wait what trend will be more popular in the next bull run then only can decide what to do till then can buy some top coins at cheap price.

Slow death

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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

Quote from: Xal0lex on June 19, 2022, 01:39:06 PM

Quote from: Captain Corporate on June 17, 2022, 04:20:53 PM

Quote from: Xal0lex on June 17, 2022, 03:59:24 PM

This is no indicator at all, the top 20 has never been a constant.

People needs to hear this a lot more, this is not something that can be emphasized more. I mean people see top 10 coins, and think that all those top 10 coins will be awesome in the future. Go back to 2014 and check the top 10 and see how many are here today, go back to 2015,16,17,18,19 even 20 and 21, because there are some changes even from that recently. Top 10 changes, let alone top 20 which changes even quicker. So people need to realize that there is no guarantee that you will make a profit if you invest into something at the top. Sure btc, eth and bnb looks solid, but all others are build on quicksand if you ask me.

Currently in the top 10:

3 stablecoins (usdt, usdc, busd);
Solana, which is still in beta stage and frequently stops the blockchain;
Ripple, which has not updated its ATH in almost 5 years and is constantly hounded by the SEC.

Half of the top 10, in terms of investing, are not suitable at all.

Ripple is a big disgust I still don't understand why it's not below position 20

Xal0lex

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Quote from: Captain Corporate on June 17, 2022, 04:20:53 PM

Quote from: Xal0lex on June 17, 2022, 03:59:24 PM

This is no indicator at all, the top 20 has never been a constant.

People needs to hear this a lot more, this is not something that can be emphasized more. I mean people see top 10 coins, and think that all those top 10 coins will be awesome in the future. Go back to 2014 and check the top 10 and see how many are here today, go back to 2015,16,17,18,19 even 20 and 21, because there are some changes even from that recently. Top 10 changes, let alone top 20 which changes even quicker. So people need to realize that there is no guarantee that you will make a profit if you invest into something at the top. Sure btc, eth and bnb looks solid, but all others are build on quicksand if you ask me.

Currently in the top 10:

3 stablecoins (usdt, usdc, busd);
Solana, which is still in beta stage and frequently stops the blockchain;
Ripple, which has not updated its ATH in almost 5 years and is constantly hounded by the SEC.

Half of the top 10, in terms of investing, are not suitable at all.

GbitG

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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.

Yeh you are absolutely right bro those altcoins which has take top position in Coin MarketCap in past but now they are far far away form top position in CoinMarketCap. If we observe the market deeply we find out that in past the coin which has a name NEO was in the top list of CoinmarketCap in past but now it's too far away from top coin list.
I am agree with you because I also lost much money by buying coins in bear market

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Quote from: Lantind on June 19, 2022, 03:21:18 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.

Lantind

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Quote from: bounceback on June 18, 2022, 03:39:17 AM

Quote from: Lantind on June 18, 2022, 12:35:42 AM

Quote from: Godday on June 18, 2022, 12:25:21 AM

I totally agree with what you have said. I mean we should understand that altcoins are not a good choice in these bear market times. I prefer to put my funds on coins or tokens that already have good fundamentals in the market and of course they are not altcoins. I am a person who prefers to invest on the long term and I think that is the best choice I can make.

The bear market is not suitable for buying altcoins, this will create a lot of speculation if it continues to be forced to buy, therefore it's good when market conditions are like now, investing in coins that have strong fundamentals, strength and utility at market times back on the green line, at least the coin gets the top 5 place the correction phase is complete, if we are not on a coin like this, then the return on investment will not produce maximum profit

Only Bitcoin, Ethereum and BNB are likely to be irreplaceable in the market because these three coins have so far received very high trust from the public so that even when the bull market has returned and many new coins have emerged that are built with better technology but I don't think it makes investors leave the three coins because the three coins have proven to be able to provide greater returns than investing with coins that only rely on hype.

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

Topic: Reason why I won't be buying top altcoins in this bear market - page 5. (Read 1392 times)