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Topic: We should start looking into Altcoins - page 4. (Read 553 times)

sr. member
Activity: 1022
Merit: 252
November 23, 2023, 12:38:45 PM
#11
I can't talk about specific coins or tokens because it may feel like that could be not that right for many people, but at the same time I feel like we are talking about something that will end up with a huge trouble on the long run if we do not look into certain projects. I think I can say that at this current moment finding the right one is the hardest part, I agree that if you invest into anything in the market, you have a good chance of either making money, or putting your money into something wrong.

It is true that some altcoins will go super high, and that investment is important and you should be making some money and that's fine, but that doesn't change the fact that we can't make money from it, we can still do it, we just need to be careful about it as much as we possibly could. That should be important part of the situation and could maybe make a profit if we are smart about it. So altcoins are fine to invest, but which ones are not known at the moment.

It's critical to approach altcoin investments with a critical eye and a full grasp of the fundamentals of each project. While the potential for substantial gains exists, so does the risk of significant losses.. A systematic and well-informed strategy can help one traverse the changing environment of cryptocurrencies and perhaps profit on emerging possibilities while avoiding potential pitfalls.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
November 23, 2023, 12:20:50 PM
#10
I can't talk about specific coins or tokens because it may feel like that could be not that right for many people, but at the same time I feel like we are talking about something that will end up with a huge trouble on the long run if we do not look into certain projects. I think I can say that at this current moment finding the right one is the hardest part, I agree that if you invest into anything in the market, you have a good chance of either making money, or putting your money into something wrong.

It is true that some altcoins will go super high, and that investment is important and you should be making some money and that's fine, but that doesn't change the fact that we can't make money from it, we can still do it, we just need to be careful about it as much as we possibly could. That should be important part of the situation and could maybe make a profit if we are smart about it. So altcoins are fine to invest, but which ones are not known at the moment.
member
Activity: 560
Merit: 18
Eloncoin.org - Mars, here we come!
November 23, 2023, 10:29:50 AM
#9
The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy

  If there was a massive pump in the aforementioned cryptocurrencies, I am sure that there will be a liquidation, as now there is a dump. It is possible that a few days from now it will continue to decrease gradually, and I think there will be a bounce in SOL between 38 and 40 dollars based on my technical analysis.

  Now, if you are a first-time investor who wants to invest in the above, I think you should study first before you invest in it. That's why it's important that you have knowledge of crypto trading.
hero member
Activity: 2758
Merit: 705
Dimon69
November 23, 2023, 09:36:11 AM
#8
The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy

Yeah, There’s a cycle in every bull market. It start with Bitcoin > Huge Cap Altcoin > Small Cap Altcoin then the final blow will be pump of all coin no matter how shit it is because everyone is already in profit from different altcoin so traders will keep looking for other tokens that is still not moving. This is the time when they are get rekt since the market will correct once everyone jump out to Bitcoin.

Leveraging on top altcoins is really a good idea if Bitcoin pump and read a safe level so that it will not slide down.
legendary
Activity: 882
Merit: 1873
Crypto Swap Exchange
November 23, 2023, 09:35:27 AM
#7
The challenge now is which altcoin. This time it seems very different, compared to before when most altcoins would just pump after the Bitcoin rally.
It always started like that.  Random Altcoins price increasing every now and then.  Then the whole Market.

Guess we only have to wait and see.  Only recently we had some Shit Coins go crazy.  Do not have much expectations.  People still do follow trends.
hero member
Activity: 2520
Merit: 783
November 23, 2023, 09:31:58 AM
#6
The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy

Expect that to happen since not all investor will look only at BTC if you mean they are speculating for bull run to come since provably that majority of investors will also look for other coin to invest. Splitting your investment to other alts when bullish season is speculated to occur is one of the best decision we do knowing that alts will also pump once bitcoin pumps more higher. Your list of alts is good and I also believe that many are listing it on the coins to have that's why lets hope for the best next year since provably all speculation regarding on top alts to invest discussion will provably gives us positive result.

That's how we can play more safer in the market unlike if we invest on new token where for sure the risk is so high and we might not get what we trying to expect since they could potential turn scam immediately that's why we should always go on top alts upon investing.
hero member
Activity: 2464
Merit: 519
November 23, 2023, 09:14:41 AM
#5
Sometimes patterns are like that and sometimes they are temporary, but you have to monitor the market to maximize your trading decisions, but it is better to choose at least two coins if you feel that BTC is too expensive to buy. So in terms of monitoring and controlling movement it doesn't require a lot of energy. But if you hold on, it's not necessary, just wait for the coins you bought previously to change to USDT or what currency you use.
Previously, I tried to explain in that manner, but the deceptive bitcoin maximalists were against me. It is clear that altcoins cannot exist without bitcoin, and we have all seen how bitcoin dictates the bull market. However, I still believe that bitcoin should only be bought by the wealthy and low-risk investors. Although I do not get the clarity of how this market works, I think it might be a little like bitcoin. While some will have the bull and go down through the whole process, some will be there all the way through and some will arrive late. During the bull market, one just needs to catch coins at every stage, but bitcoin will be there throughout
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
November 23, 2023, 09:07:35 AM
#4
The only problem is how to pinpoint what altcoin will increase next. It's true that they might pour their profits into Altcoins like how it was years ago because this is how making profits is but it actually doesn't stay that way for a long time. Once Bitcoin plunged down next it sold those Altcoin to buy Bitcoin back.
But I don't think that's now. The FOMO is high in Bitcoin because of the upcoming ETF and then there's the halving. I mean, what is a year to us investors, it will be like waking up the next day and it's already a year. Time flies fast and while they can ride the boat at this price, many investors will use their purchasing power to make a profit when ETF is approved.
It's not bad to buy a little bit of those altcoins that you mentioned, just be sure that you are also ready when Bitcoin starts pumping.
legendary
Activity: 2534
Merit: 1397
November 23, 2023, 09:03:16 AM
#3
The challenge now is which altcoin. This time it seems very different, compared to before when most altcoins would just pump after the Bitcoin rally.
Now, it's really difficult, even if you say top altcoin, we have now a lot of top altcoins.
Plus Bitcoin dominance right now is extremely high and local top, we still don't know if Bitcoin will continue to rally or go sideways so altcoins will do their run also.
full member
Activity: 392
Merit: 130
PredX - AI-Powered Prediction Market
November 23, 2023, 08:47:00 AM
#2
Sometimes patterns are like that and sometimes they are temporary, but you have to monitor the market to maximize your trading decisions, but it is better to choose at least two coins if you feel that BTC is too expensive to buy. So in terms of monitoring and controlling movement it doesn't require a lot of energy. But if you hold on, it's not necessary, just wait for the coins you bought previously to change to USDT or what currency you use.
newbie
Activity: 18
Merit: 0
November 23, 2023, 08:29:48 AM
#1
The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy
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