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Topic: Which is one altcoin you will never invest in 2024 even if it has massive pump? - page 2. (Read 293 times)

full member
Activity: 448
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Which is one altcoin you will never invest in 2024 even if it has massive pump?
I am basically undecided whether I will invest in an alt coin next time if it has a good pump. Suppose a coin is pumped 10x surely it is a huge pump then in that case I will talk about Solana coin. Because Solana coin has pumped 10x within six to seven months. Solana coin is one of the top altcoins, don't you think this coin can pump even bigger ahead after huge pump. I personally think that Solana Coin will see a nice increase in value if alt coins rise in price in the coming bull season. I basically don't know the future, but I can't tell you exactly if a coin is overvalued and that coin won't go up in the future.
hero member
Activity: 2954
Merit: 533
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always litecoin and XRP i don't know they can be pumping 1000% and i won't be interested there's plenty of better coin out there that actually have use case, but these two always such a huge turn off for me litecoin is just copycat of bitcoin meanwhile XRP got too much problem on their hand, i'd better off investing in solana since the whole ecosystem just seems more useful.
the sole existence of solana also give that vibes of a blockchain that actually being utilized instead of just being used for investment, so there's that.
personally i'm sure many people just don't care about the coin they investing as long as it gives them the profit they really want but arguably some people like to avoid certain coin just because they just don't like it.
I can be flexible though, if the coin seems to be giving off sign of massive pump then its no wrong in investing a dime or two just in case, can't miss that train and let other people get all the profit can't we?
sr. member
Activity: 588
Merit: 338
Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?
Despite the meme trends that we're experiencing, and their promises to make you rich overnight, I'll not go near them in this bull run, I'll rather stick with Bitcoin and top altcoins like Solana, which are long term projects, I don't plan on investing in short term memecoins pump and dump in this season. I'm just putting my focus on doing DCA method on Bitcoin till the price hopefully nears $200k also invest in some reputable altcoins that are sure to be bullish with Bitcoin, I'm probably missing out on cashing in big profits on the memes, but I'm sticking with my plans.
sr. member
Activity: 728
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Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?

I wouldn't invest in altcoins considered 'shitcoins' because they lack value and offer no benefit beyond 'pump and dump' schemes. While some might experience massive pumps, this doesn't indicate true potential. Thorough research is essential, as many 'shitcoins' also experience these temporary price surges.  Personally, I prefer focusing on top altcoins while selectively investing in promising new projects.
legendary
Activity: 2702
Merit: 4002
Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?
Your statement is contradictory. Anyone who wants to invest will be interested in a massive pump regardless of the nature of the investment, but achieving a return is when you buy at a cheap price and not investing after the price has been pumped.
As for me, I do not like investing in pump dump currencies. The reason is that you know for sure that this pumping aims to deceive others and make them believe that the market will recover. Otherwise, there is no harm in investing as long as you buy when the price is low and do not get greedy.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?
I have been putting all of the fork coins on my ban list. They are all useless tokens. I value meme tokens even better than this kind of token. It's caused by the main purpose of fork tokens being used to scam others. This has been proven with some fork coins, as issuers were dumping their premined coins.
I strongly against investing in the fork token. There are still a lot of reliable meme tokens here. Some meme tokens have no pre-mined supply owned by the dev/100% airdropped to the community.
sr. member
Activity: 490
Merit: 279
BSV and BCH are two altcoins that I think doesn't have any future. I think BSV after the recent ruling by the courts that its founder being not the one who invented Bitcoin might have gained a major setback. Before the hard fork from BCH it had some market but now it doesn't. These two coins always claimed that they were better from Bitcoin and now they are not even in the top 50 list according to market capitalization.
sr. member
Activity: 1666
Merit: 426
I don't have anything on my mind that's worth mentioning, I think it's a good idea to avoid meme coins in general, it's probably in our best interest if we do research rather than completely avoid something, that way you're more likely to hit it big even if that altcoin has already gone up but because you've concluded in that research that you're going to get some profit out of it, now imagine if you avoided that altogether, the potential profit was gone because you've got this prejudice about that altcoin without learning anything about it. It's also a stupid thing for you to do that anyway, to not invest in that altcoin despite it going up consistently.
hero member
Activity: 1232
Merit: 516
Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?

After seeing the title one name pop into my mind. Pulse Chain has already caused a lot of controversy and i think it will be a gamble to invest in that project for the long run. We don't know what will happen to its founder and he will be able to gain his reputation back or not. Though his previous project hex was successful but he lost his credibility, and it will take time to regain it. I don't think investors will again take a risk on him due to his controversial action on his newly invented blockchain.
hero member
Activity: 3080
Merit: 603
I've got a lot in my mind but I don't know this time. I don't like them so much as the community and some are in the games that have incurred me a lot of losses. I'll never invest with those projects and coins that I had a nightmare but I can't promise that to myself, this market is highly volatile and that hate could be gone if I am able to profit from them again but I don't know. Just like the others, my mind changes from time to time and depending on the situation.
sr. member
Activity: 1554
Merit: 413
Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?
None. I don't think it's a good decision to do that since we all know that most of them do not pump the second time. Speculators are after the "next big thing" so they easily move from one meme to another. My strategy in these scenario would be wait for the next bear market to easily remove memes that are purely hype. The ones that survive may have a huge revival in the next bull market.
sr. member
Activity: 1008
Merit: 262
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Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?
I think some of us might have had bad experience holding some cryptocurrency that do not worth our time or investment.
Almost everyone has this kind of experience and we don't have to keep remembering about the bad time or experience, we should rather keep investing because there is always bad days in the market when we could lose some money due to bad decisions.
We just have to keep holding and investing for a better time and expect good results as cryptocurrency investors and traders.
sr. member
Activity: 658
Merit: 387
Any coin that doesn't have a future or any good use, I don't invest in it, and any coin that just pops out from nowhere, stealing other good project initials and adding to their name, I also don't see them as good coins and don't invest in them.
 
And another coin on which we should also be very careful before investing is one that passes through a pump without any good thing triggering the pump aside from the hype that the coin gets from influencers and promoters, because the same way it gets to the top, that's the same speed it will fail back with.
legendary
Activity: 3178
Merit: 1054
Quote
BSV

i think everyone knows already this is created by the impostor CSW. it will probably make a big profit for someone who will invest still but i'm not supporting the project.
same with other coins that also have issues in the past like the Worldcoin which was developed by Sam Altmann who is also known to have developed ChatGPT.
i guess there are just more altcoins other than them.
legendary
Activity: 3276
Merit: 2442
Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?

I don't invest in massively pumped coins. It always ends badly. Why would I want to buy a overpriced coin when there were better deals out there? If you are going to buy a coin which made x10, what's your expectation? Do you think it will make another x10 from there? I don't think so. I'd rather buy a coin which hasn't made any moves for a long time. I like coins like these a lot because they make their moonshot when people least expect it. Then everybody starts to buy that while I'm unloading my bags. That's what you should be doing. Otherwise you'll become a life-time bag holder. What you are talking about is a shit strategy.
full member
Activity: 1442
Merit: 108
Which is one altcoin you will never invest in 2024 even if it has massive pump? What is your reason behind this ?
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