Topic: What's your thoughts about potential newly borned coins during the bear market? - page 2. (Read 226 times)

I was only reminiscing some time ago some newly launched altcoin failed me. I totally understand that it is on me because I was conscious when I jumped in. Nonetheless, I knew it could go south.

How do you mean that the price of a coin doesn’t matter? The reason Bitcoin is priced where it is today is not just because it’s the father of crypto. It has value and offers something. I know you may want to talk about memecoins that are meaningless but still have value, well, I’ll give that to the hype. When the noise is louder, the price goes higher. But a currency needs more than hype to be reliable. It should be able to solve a problem, etc.

I think its is true that ARB and PEPE are now very popular altcoins and in the past months many investors made some killing with them. The idea that since these two got started during the bear market so when the bear comes there is a big chance that they can be exploding a lot...hence producing more wealth for their holders...well it come true though there is no guarantee whatsoever that it would happen that way because we know that in the world of cryptocurrency there will always be small and big surprises just waiting in the corner so that we can only speculate and wish. Therefore, good luck to the people who are now deciding they gonna get more ARB and PEPE.

Altcoins that are released when the market is sideways or bear market are according to my knowledge good. If the founders release their project in a market condition that is not going up then the project would have something to hold on. Whereas those projects that come out in bulk market are projects that are meant to profit the founders.

I have seen a lot good amount of memecoins came up in 20121 when the market was having an upward trend. These coins are still active but their as those who invested still believe in their potential. Most of them according to my judgement don't contribute anything. Yet, the craze and hype of such projects still exists.

What dirty they did to you? Are you sure you invest on the best alts only? But they can also decline sometimes and it wasn't really their fault. If you believe that they and other cryptos can still recover, then you should not lose hope but just continue hodling and buying. For the new coins the OP mentioned, I think only one of them has a potential and that is none other than ARB.

PEPE isn't even a new coin or token and then it is also a meme coin, which hype is already over. Price doesn't tell if which coin is important but many unknowledgeable people thinks that cheap coins are more better to invest. A better way to invest actually is if we also check other stats of the coin and investigate if they are legit or not.

I’ll be careful and only invest in coins that have strong fundamentals, have a clear and concise use case, and solve a real-world problem.
Coins work interestingly and innovative projects, and they have strong teams behind them, are experienced, and have a good track record.
I still prefer to look for coins that are listed on reputable exchanges.
I’m not yet investing with these coins, but I’m starting to look at them, most of them are built in Cosmos:
Aptos (APT), Sui (SUI), Osmosis (OSMO), Juno (JUNO), Secret Network (SCRT), Cosmos Hub (ATOM)

I get your point, but PEPE is not the best choice. It's a memecoin. It has nothing besides hype, and people are kinda forgetting about it right now. I don't think that the bull run will change that much.

Personally I've really not put much interest on altcoins, because of the many negatives that are attributed to them. You'd hear people call them shitcoins,, that their used to scam investors and so on, this has really discouraged me to have interest on anything altcoins. But if I were into altcoins I'll consider buying the ones that have the potentials of staying long in the market, i also know that the best and most profitable time to buy anything crypto related is in the bearish run, so I'll take advantage of it and invest what i can afford to loose, because of the risks involved.

Risk is a factor in any investment, but some investments like altcoins carries more risks, so if new altcoins are minted I'd look at the outcomes of similar coins that were minted during bearish markets and see how they fared afterwards, that'll at least be a guide on how to invest in new altcoins. For now I'm just content in bitcoin investment, because it has proven to withstand the test of time.

In my opinion, it's a miss. Pepe is a meme coin currently valued at $500 million, and it should be noted that it is not the only meme coin on the market, the competition is huge, and the only thing Pepe has is a name. Will it grow in this bull market? It is possible, but I wouldn't put my money on it, because Pepe is already overvalued by at least 100x, meme coins have been used by scammers to extract money from investors for at least 3 years - that should be enough. It is possible that in the current bull market we will encounter a new type of tokens (maybe AI tokens or new crypto ETF candidates after BTC is listed?). Definitely, when in 2017 we had a bubble of "next, better ETH" - neo, nem, eos, lisk etc. their popularity ended with the end of alt seazon and during the next one, people focused on defi, nft forgeting about previous bull market stars.

TBH, I'm thinking of investing into ARB a few months ago, and I have the money at that time. What prevented me from doing it is the fact that, it's tokens are being given to people thru an airdrop, and all the time, those who got it for free will just sell it immediately, so basically for them it's free money. I waited for a long time, hoping that it will reach below a dollar. Well, it went below for quite some time, but I don't have money at that time anymore because I invested it into another asset already.

As for PEPE, I hate shitcoins. Like I really hate them so much because of the fact that many meme coins are being created just to scam people. Yes there are some who are making profits investing into it, and some who became rich investing into it, but how many investors lost their money just because they choose to invest into these meme coins rather than investing into safer, and established cryptocurrencies? We have a choice to invest into safer coins, but we choose to invest into riskier, and a shitcoin like PEPE who doesn't have any use case at all.

Thoughts? I will not talk anymore about PEPE, but for ARB, it's ATH is around $8.6 base on Coingecko. There might be a chance that it might reach that price again or even surpassing during the bull market, but there's a chance that it might not be just like what happened to EOS. Their potential? ARB is a good token, and will surely go up in it's price during the bull market. Same might happen with PEPE, but will not touch that shitcoin.

I haven't really followed up on alts for a long while now since the last time they did me dirty, but I guess we rise no matter what tries to bring us down. My thoughts on these new coins are that they have the potential to do well, tho not guaranteed but maybe people can look back at it before the Bull run kicks off properly. Though, I prefer ARB to PEPE because PEPE is just a memecoin. Merely looking at the price difference too, you can tell which of them is more Important. If ARB could do that in the bear market, the bull run should boost it even more.

Personally these layer 2 coin that was appearing in bearish, i'm still doubtful about them, the thing is that they are layer 2, meaning their use case fades as ethereum being upgraded, maybe in the future when bullish come and ethereum getting crowded that the transaction fee become enormous it might be relevant again but nowadays i've seen many layer 2 fading in term of popularity because layer 2 being released so frequently by other devs that at this point the competition is like those competition of meme coin.
i would refrain from investing in meme coin at bearish, i mean i know meme coin might have chance to increase but right now too much meme coin in the market we don't know which meme coin gonna increase, but when it comes to layer 2, we'll see, if eth starting to get congested, maybe its good idea to invest.

Have you taken statistics of altcoin that are being launched this year?
To me since from the turbulence of FTX the rate at which newly birth project were being introduced are reduced because of the unstable market which led to serious sentiment and a sudden dropped within the market. I always experience that whenever it's close to bullrun maybe a year to bull run or few months to it we often witness huge volume of different projects launching to always utilize the bull run, correct me if I am wrong there are projects that are being launched before bullrun and after bull run we don't get to know any update about that same project. Even most of the reputable exchange like Binance do get such project delisted if they aren't making any progress in there platform I have witnessed a scenario like that before, to whatever quality you may finds those projects we should also think that altcoin are very risky to rely on hence they can fail at anytime.

I get your point, but PEPE is a memecoin and those don't often stand the test of time. ARB however, I would expect to do well in the next bull mrkt it has everything it could possibly need to make that happen.

The topic title already expresses the theme of the post, but I will try to write in detail. Technically, we are in a bull market, though we don't know if it is real or fake. But we noticed a few newly born altcoins during the last bear season that have potential growth. A few altcoins also gained enough popularity from the crypto community. For example, we can say ARB and PEPE. Both coins haven't met with the bull market previously since they were newly minted. What's your thoughts about these types of coins that were borne during the last bear market? I feel these types of coins would give us a good return during a real bull run. Because all of them have never met a bull and are ready to grow. But we have to make sure of its popularity and potential. Those coins are listed on the biggest exchanges; we may consider them to accumulate. Otherwise, it's quite risky to make money.

Let us know if you have a few names for those borne during bear but potential to grow.

For me, it is advisable to invest but not take financial advice.
1. ARB
2. PEPE