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Topic: Reason why I won't be buying top altcoins in this bear market - page 9. (Read 1417 times)

sr. member
Activity: 2282
Merit: 439
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Of course buying any, even the top altcoins now is very risky, but what you say that some coins will be lost from the top is not true. Just look at LTC, XMR, XRP, they have so far survived similar bear markets and have large capitalisation. So if you look at the maximum risk/reward, you can buy time-tested altcoins.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
Top altcoins or new projects always have the same pattern, maybe new projects will be large when accepted in exchanges, but slowly will go down, if we have a long -term target then invest in new real projects then this is the best and profitable, and Now is the best time to buy because the market is red.
Can you suggest some new real projects for now because if the point of what you are saying is for top coins like Bitcoin then almost everyone will know this because on the other hand Bitcoin is also very well known, but if you mean real projects something new, so I want to know it now.
legendary
Activity: 2660
Merit: 1074
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.
All of the three reasons that you lists are correct. 1, many alts will never reach their ath because not all alts have a good use case but majority of them are just junks and only driven by the hype. 2, no one gets fooled of it don't worry.

The top 20 of cmc is already an high alert zone, I mean it was not the same as the top 3 or the top 5 which coins are rarely replaced on their position because coins on these group are already solid. 3, how many times it happened that a useless alt gets replaced easily by a better alt or a new alt? Many people says that investing in a new coin is risky but if we know how to pick a coin, a new coin can be more worth it than the old coin that we are holding now.
sr. member
Activity: 1701
Merit: 308
In my opinion, it is safer to invest in top coins when compared to other altcoins because the market situation is not favorable for the time being, so by investing in top coins we can be patient for the next few years then they will definitely again reach the highest value, such as ethereum and BNB both coins should indeed be the mainstay of the future, but in this case we certainly have different thoughts.
member
Activity: 744
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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 some new altcoins with new blockchain technology are continuously being developed, but those altcoins require trust from the community and investors. for long-standing projects like Ethereum and Doge for example, these two coins hold out while new projects are coming in, and when bulls and bears come, both projects endure and have good market caps in the crypto space.
sr. member
Activity: 1722
Merit: 252
Top altcoins or new projects always have the same pattern, maybe new projects will be large when accepted in exchanges, but slowly will go down, if we have a long -term target then invest in new real projects then this is the best and profitable, and Now is the best time to buy because the market is red.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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.

You have a point, many new altcoins will not reach ATH because of this bear market, and in the next bull run we can maybe see new project with a new hype from the crypto enthusias, but i think there are also altcoins that will rise soon the only problem is that we cant point out directly we need a long research and analization from the altcoins that we wanted to hold until the next bull run.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
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.

It eventually will but the next 12 months will be the most difficult time due to the 40-yr high inflation. People are cutting expenses, saving money for the uncertainty. Most will not have extra cash for investing in crypto and some have sold investments at loss to store cash for food. They do believe in crypto but they also need bread to get to those days.
sr. member
Activity: 2324
Merit: 263
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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.

For the first point, these are so-called coins that don't have the staying power, these kinds of coins are usually very easy to replace.
the second point, the coin ranking is not a guarantee, that the price will continue to rise and the development of the coin will get better, because the coin ranking is determined not because of the price.
third point, investors will never stick to one coin, so they don't hold for a long time against coins that don't have the strength to survive, they will only take advantage of it one way
full member
Activity: 1736
Merit: 116
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.


I can understand your reasons for not buying top altcoins in the current market situation. Moreover, LUNA, which is one of the top altcoins,
has harmed many investors with a very drastic price drop in a short period of time. This means that it is not always safe to invest in top altcoins,
although there is one altcoin that I think is very safe to buy. Ethereum is the best altcoin so far and no other altcoin has ever been able to shift
the position of Ethereum which is ranked second. So I think if you want to buy altcoins in a bear market like now, you can buy Ethereum and
I'm sure you won't regret it. Because Ethereum's track record in the crypto world is very good, moreover Ethereum is an old project whose
development is still ongoing, so the future of Ethereum is quite bright. So don't hesitate to invest in Ethereum in a bear market situation.

full member
Activity: 742
Merit: 102
Second Live
So what would you choose to hold in this space? What I see are just cases that don't live up to the expectations of people who invest in them. They look at the returns that happen to other things and compare them nicely. lame. There's no such thing as right or wrong, just the way we invest with them. In a bucket market, most of the time, there's nothing to be happy about with the expectation that things will work out. What's happening soon? What's the impetus for the rapid uptick? Things still turn out in a way that makes newcomers uncomfortable. I myself have held many altcoins and rallied in a way that I expected. When we get what we want, we need to adapt to the change, not wallow in what happened. out. The top altcoins aren't a bad choice either, as they've had good growth until newbies get stuck and lose money on them, so I don't like to blame them for being good or bad when our behavior can determine our profit or loss. Some cases like XRP bring sad errors to many people, or like the Terra crash, but I still find myself grateful to have entered this market for what I have received.
copper member
Activity: 389
Merit: 1
From every indication, the market is bearish and it would be impossible to know how far this would go. I've personally decided not to chase altcoin anymore. This is because there's basically no guarantee that we'll have an ATH, some projects may not even survive the bear market. The fact that a project did not so well in the last bull run does not guarantee that they'll be around in the next, so my approach is to consider only bitcoin during the bear market.
sr. member
Activity: 1652
Merit: 262
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.

So far, only etherum has dropped drastically and then can rise again to its highest price in 2021. If we look at other altcoins, it seems that it is indeed impossible to reach prices like etherum and maybe that can be a consideration for you not to quickly decide where your funds will go. invested.
hero member
Activity: 1876
Merit: 524
All 3 of the 3 items are very true. First of all, so much crypto money came out in the bull in 2017 that everyone invested heavily in the next bull period with the thought that these cryptocurrencies would work. Until defi, metaverse etc. until new fields such as That's why I no longer invest in a few marginal non-crypto altcoins as a large portfolio. Because it was a great lesson for me and many cryptocurrencies became garbage. In this bear period, many cryptocurrencies will definitely go to waste.
legendary
Activity: 3276
Merit: 2442
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.


These are pretty valid points. However some alts like xmr, ltc, doge and eth survived the previous bear markets and I think they will survive this one too. Most alts are shitcoins but there are some good ones too. As long as you don’t invest in no-name pump&dump total shitcoins, you’ll do well in the next bull market.

Eth will be around and will keep its spot in top10 that is what I know.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Make sense but expecting there will always be a huge changes in the coinmarketcap is not true at all. This is actually following the trend but sometime the useful blockchain/project can't be replaced easily and by the way you are too fast to think like that.
I know that bearish market bring very bad impact to the crypto but this doesn't mean if this will be changing a lot.

The rank in the market affected by the trend and this time bearish trend is still happening.
sr. member
Activity: 1498
Merit: 443
1. Many altcoins will never reach their all time high again.
This was also what I experinced at the rpevious season.  Cheesy
I thought that every coin will reach new ATH in the new bullish season, but it's not even they are top coins.
Thta is why I better ony focus on Bitcoin, or maybe some for BNB.

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 for some certain coins are like this.
it is actually not easy to differentiate wich coins are likely going to rise up and survive in ther ans or not. but, like what happen to the comeptitors of Ethereum at that period, they are likely losing and no developing.

sr. member
Activity: 1610
Merit: 264
~
You might not say the same for Ethereum, bud. I believe it is been there since. Obviously Bitcoin will stay in #1 and it would be there as long as we wanted to but since you're mentioning altcoins, I wouldn't look into that.
Altcoin ranks like around >Top 5 had changed for quite some time. I even recall some user here showing the snapshots of CMC back in previous years and I recall when Dogecoin was like in top 5 though someone could correct me if I am wrong at that.
hero member
Activity: 3038
Merit: 634
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.
1. This is true except for Ethereum and a few of them like BNB. But we don't know in the next bull run, it's gotta be all about bitcoin then.

2. Well, also another true thing. But we will get to see those alts that despite they won't be back at their past ATH, they'll just have to manage to retain their position at their current top spot.

3. For the majority yes but, the older ones that have been developed and also proven their worth like they've been trusted by their own community. They're likely to stay but those that don't have much support will eventually die.
full member
Activity: 1848
Merit: 158
This is the reason choosing the best of the best altcoin is really important if anyone really want to accumulate, it's because they are the ones that most likely could score a really great performance and as a result a greater return of investment than most of the other altcoins.
Considering the fact that, most of the altcoins are gonna be replaced with the newer ones, but that's only for the ones that are just really bad in term of quality. Basically, the ones that are having great quality still persists.

If you will look at the top alts, let's say ETH, BNB, for me, they are worth the risk. Because the team behind it is solid and won't disappear just like many other alt projects. Their respective dev teams are in continuous pursuit of innovating their network. Though we can't say that their future is absolutely very bright, but in comparison with most projects, they are much better for me, in my opinion. So yes, you can explore your opportunities with alts, but you need to make sure you do your job of scrutinizing them.
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