We can reduce our chances of loss - page 3.

LogitechMouse

legendary

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Quote from: Shubh7668 on January 02, 2021, 09:18:32 PM

If we invest in the top alts when it is in the Deep, then it can give a good profit.[/b]

The problem with the newbies right now is that they are finding a quick profit scheme in crypto.

I agree with what you said though that is why I'm only investing into the top coins especially Bitcoin and Ethereum which covers over 80% of my total crypto portfolio. Investing in low market cap coins can give you huge reward yes but the problem is that it is hard for you to sell it when you want to sell it. Top coins can give you profit longer but the risk is lower compare to the bottom coins.

If you want to reduce your losses though, the best way is to just invest on Bitcoin and Ethereum Cheesy

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chichidori

legendary

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Now would be the best time to invest on top alts xrp and monero are in danger of getting delisted in every exchange so i suggest to stay away from it but if you have the guts to take a loss you buy some of it and wait, Doge is still on my list.

litepool.ru

full member

Activity: 531

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In fact, i think that may be the mistakes people can see when they've actually gone through it. As you said, we only see short-term gains and not look at the longer term, as in this market the proposed case is bitcoin, because if i buy bitcoin from the beginning then i will has become a millionaire for a long time.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: ije07 on January 05, 2021, 01:47:25 PM

Quote from: kaneki007 on January 05, 2021, 01:40:35 PM

Quote from: ?? on ??

As the last year has shown, with top alts it is also possible to make x2-x6 without any problems. The main problem is patience and faith.
Unfortunately, many have sold off their altcoin savings a year and a half ago without waiting for the long-awaited bull run. Simple strategy: buy cryptocurrency, wait several years.

The biggest possibility is that those who sell it because the price panic will continue to fall, but if the project they invest in has a good reputation and has been in operation for a long time I don't think need to worry if the price drops like last year where almost all altcoins experience ATL.

hearing the story, possibly due to several reasons. especially between panic sell as you have said, it could also be due to economic pressure, or other possibilities because the project is not developing so they prefer to sell at a loss then exchange it for coins that are more feasible than before. On the one hand I hope that newbies don't think that investing in crypto can make them rich overnight.

Yes, such a mindset must certainly be removed from the minds of these beginners,
investing in the crypto world we have to be patient because if not, of course we will be in a hurry to make a decision and at things that are detrimental to ourselves

adzino

copper member

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www.Crypto.Games: Multiple coins, multiple games

What ever you are suggesting has already been suggested multiple times. But you know people, they are greedy. They don't want to wait. They want profit RIGHT away. Hence they look for shit coins that are getting pumped. Invest in it, losses everything, starts crying and then ends up calling each and every crypto currencies a scam.
But yeah, keep on preaching. The more they are made aware, the more mistakes like this people will avoid. But, then there will always be that one person who thinks he is "smart".

youdacapt

sr. member

Activity: 1876

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GOD is TRUE

Quote from: Shubh7668 on January 02, 2021, 09:18:32 PM

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

First things first, not all dips lead or turn to profits and this is where doing your research comes in. Also i believe targeting 2% - 5% profit on a daily basis is more better strategically than hoping for huge percentages. Take emotions out of crypto currency trading and investment always.

ardentvolcanoes

sr. member

Activity: 1050

Merit: 252

Quote from: ?? on ??

Quote from: Shubh7668 on January 02, 2021, 09:18:32 PM

~

Better be careful trading around the coins in the market. The sure endpoints would be you're gonna throw your money at something.
I just can't seem to understand some pure newbies in crypto, not here in the forum, on why they tend to try and invest to below top coins in the market

Newbies are explorer I guess, most of them are just trying some luck and not paying attentions to what really happening inside the market,

They are throwing money with project that they are not fully understand, end point, they will cry out scam once all the money are wasted and

gone after some time staying inside.

ije07

sr. member

Activity: 1435

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Quote from: kaneki007 on January 05, 2021, 01:40:35 PM

Quote from: ?? on ??

As the last year has shown, with top alts it is also possible to make x2-x6 without any problems. The main problem is patience and faith.
Unfortunately, many have sold off their altcoin savings a year and a half ago without waiting for the long-awaited bull run. Simple strategy: buy cryptocurrency, wait several years.

The biggest possibility is that those who sell it because the price panic will continue to fall, but if the project they invest in has a good reputation and has been in operation for a long time I don't think need to worry if the price drops like last year where almost all altcoins experience ATL.

hearing the story, possibly due to several reasons. especially between panic sell as you have said, it could also be due to economic pressure, or other possibilities because the project is not developing so they prefer to sell at a loss then exchange it for coins that are more feasible than before. On the one hand I hope that newbies don't think that investing in crypto can make them rich overnight.

kaneki007

sr. member

Activity: 1204

Merit: 257

Quote from: ?? on ??

As the last year has shown, with top alts it is also possible to make x2-x6 without any problems. The main problem is patience and faith.
Unfortunately, many have sold off their altcoin savings a year and a half ago without waiting for the long-awaited bull run. Simple strategy: buy cryptocurrency, wait several years.

The biggest possibility is that those who sell it because the price panic will continue to fall, but if the project they invest in has a good reputation and has been in operation for a long time I don't think need to worry if the price drops like last year where almost all altcoins experience ATL.

mezzaluna

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Quote from: Shubh7668 on January 02, 2021, 09:18:32 PM

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

Its not the Newbies fault for not knowing what the signs of a Shitcoin's are and they would not know it if they do not have any experience investing on them. These losses are normal especially when you are someone new since you can gain more experience in that way. Everybody can have their opportunity to gain profit once they stick around too long within this industry and this is still a reminder that needs to be kept in mind.

fullhdpixel

hero member

Activity: 2828

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Quote from: Shubh7668 on January 02, 2021, 09:18:32 PM

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

What you have to know is that most of the newbies that are joining the community and becoming investors are looking for quick money, they are all coming to become millionaires, so they look some coins they feel will fetch them that big enough profit to become very rich, and that’s totally wrong.

I’m saying this because I have seen people around me how they react about cryptocurrency, when you talk about it they are just talking about making quick money and the stories they have heard about cryptocurrencies price increasing and people becoming millionaires, and they think about this and forget about the risks that are involved, which is very bad.

TGD

hero member

Activity: 1288

Merit: 620

Wen Rolex?

Quote from: ?? on ??

losses will occur when we invest in new coins and have no prospects for the future because I've experienced it from there I can learn good investments in established coins like top coins all though, to get profit it takes a long time at least when the bull market run happens like now top coin can increase up to many times

It will still depends on up to how much we were able to buy or buy back. If we still not able to buy at a point where there is still room for us to enter chance sis that instead of having gain we will lose since we buy in a much higher price, if we are able to monitor the market and enter early before it pump we will able to experience the pump, this is for top coins but with new coins there is a need for some hype to really gain from them.

Princejebs

member

Activity: 560

Merit: 26

If not for the pandemic crisis that affected the financial system, I don't think many will get moat of those cheap coins at such prices. Some were even scared that bitcoin and others are going to zero in value but see it went and play out.
Actually, it will be difficult to get those bitcoin very cheap like before except we experience something worse than before. We hope and pray it doesn't happen. Though, buying top 10 tokens is a nice recommendation but remember they can be easy replace by other altcoins. It's necessary you do a proper research about what you want to buy before you venture into them.

cryptonx

sr. member

Activity: 1176

Merit: 252

Futurov

Quote from: Shubh7668 on January 02, 2021, 09:18:32 PM

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

of course investing in the TOP altcoins is better than invest in a new coins or shitcoins
but, new people will always think to gain a huge profit in short period time, they never think about consistency,
for me its better to get about 10% - 20% monthly profit rather than a huge profit in one day, but next day we lost all our money my friend

serjent05

legendary

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Quote from: istiak2277 on January 04, 2021, 06:18:06 AM

Quote from: Shubh7668 on January 02, 2021, 09:18:32 PM

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

People invest in new projects because of their high potential of pumping 1000 times from their starting price. What is think is the crypto market is already risky no matter its BTC you are investing in or a new ALTs. So if we can manage our risk and use some of our time to find a good project then our extra risk could give us high returns. Becasue traders are not holders and they won't hold until they are in profits.

New alts and Bitcoin is not the same when it comes to the risk involved. Bitcoin had established its community and have good buy support in them market while new alts don't have that much so its market is easier to crash than BTC. Aside from that, many new alts pretend to be a good project but in the end, they are just into money grab scheme making their investors lost a lot of money.

Shasha80

sr. member

Activity: 1876

Merit: 318

The very good advice given by the opening post, it is indeed safer to invest in top altcoins which obviously have high volume. Because if we
force investment in shitcoins it is very likely that we will lose money, Because as we know, there are many shitcoins that have fake volumes,
which ultimately can't be sold after we buy them. If we invest in top altcoins, of course it is very safe because it has real volume that we can
sell when we get a profit.

Then regarding investing in the current market which is currently bullish it is not recommended, because it has a very high risk. Because it is
likely that the crypto market will undergo a deep correction, so in my opinion, we should be a little patient waiting for the correction to occur
before we enter the market.

Fesatmas

sr. member

Activity: 2268

Merit: 275

Quote from: RussianEnglishTranslation on January 04, 2021, 02:15:55 AM

, I don't understand your English... what do you mean by "when it is in the deep"? My personal strategy is to buy microcaps that haven't mooned yet like 0xMR and UNCX.

You are confused !!!!
try to focus on the flow of topics so that you will understand what they are talking about.
there he discusses investing in the top altcoins, by profit and percentage generated. as well as giving a warning not to enter the market and make purchases when the price is bullish.
try to find friends again

ardentvolcanoes

sr. member

Activity: 1050

Merit: 252

Quote from: ?? on ??

People cannot tell when a coin actually goes deep and when it will rebound.
XRP is an example, its value is falling very deeply right now but people still don't know when it can rise again.
If we invest in XRP at the moment it is really risky.

It's risky if you don't have any idea with what the developers are trying to bounce back with the issue that they are facing against

the SEC, if you'll invest blindly without researching then the the chance of losing a lot of money is very possible, but if you have good

knowledge if what might be the counter plan then riding with this coin while the value still down might bring you good benefits.

oHnK

hero member

Activity: 1414

Merit: 574

Quote from: ?? on ??

when the price drops to the bottom you can buy it. This strategy can give you maximum profit for buying coins at low prices.

With good fundamental conditions, not junk coins, because not all coins with dropping prices can go up again. We also have to see the price trend down for what reasons? Is it really just a price correction or is there a bad issue behind the price decline. No one wants to lose, right? Don't think that all the coins that drop are worth buying. Don't be too hasty in every action, don't be greedy for profit if you don't want to lose big.

MonsterV

legendary

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Quote from: Shubh7668 on January 02, 2021, 09:18:32 PM

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

I agree with that, I've once too invest to shit coins that pumps 3-5x per day but dumps 10-15x the very next day, it's much better to invest to top altcoins that even if they dump the project value is still great, since there is an assurance that the price will soon go pump again unlike shit coins that is not worth holding for too long.

Topic: We can reduce our chances of loss - page 3. (Read 1050 times)