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

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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 ?
2024 comes with financial breakthrough and we should be ready to take the require risks to have something solid infront. Perhaps we don't control the market but our strategies can also saved us from the propagated scenario and gifts us the opportunities to grab our winnings. Altcoins will do the outing pumping and the vast number of investors developed FOMO and will only give chances to relenting efforts.There's certain reasons why we shouldn't put along with the trends but focused more on the available projects that's doesn't make compact with hypes.
legendary
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I will stay away from any of the meme coins that are pumping. It now does seem like there is a new meme coin every day and we do not know which of them will become a 'rug pull'. I almost did invest in Pepe. I would have lost so alot if I did decide to do that.

I did like it when there was only some meme coins. Doge is going to be my favorite one to hodl in my portfolio. But not we see so many of them. And not many of them are real projects with a real use case so I am careful to invest with new meme coin projects.
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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 ?
Why would anyone wait till an alt pumps before investing in it, in the first place? The great idea behind investment is to get in before others begin to notice a project and that's akin to what Mr Buffet believes. I like that principle of his. Let me rephrase it – Buy when others are scared and sell when they become greedy. It's like what's happening within Ton chain at the moment. A few months ago, Toncoin was begging to be picked up. Right now, there's much noise in its direction and price has stated moving up. Toncoin is >$6 as I type this.

Anyway, back to your question. The alt I won't buy no matter what events are hyping it is XRP. My reason being that with so much hype behind it in the past and even now, it still hasn't lived up to expectation. I hate time wasters.
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Chasing the hype is one of the reasons why many people do lose money, it is very important for us to be wise and take proper strategy that would help us not to lose money anyhow in the crypto market. We can always make.monwy in the market buying different crypto tokens that are undervalued holding them for sometimes before selling out our holdings to save some money for the bull market.
It is going to be wise for us to keep buying and holding as the price of Bitcoin is set for the bull.

Certainly, it is important to have solid investment strategy and not succumbing to hype in the volatile world of cryptocurrencies. This strategy is definitely beneficial in the long term.

I strongly agree with your opinion that buying Bitcoin on every significant dip and continuing accumulating until the bullish market emerges, has the potential to book huge profit. However, this approach requires patience and  strategic buying to maximize profit in the long term.
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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.

Your strategy to explore under-valued coins rather than chasing the hyped coins is very prudent and wise way to yield  substantial profit in the long term. Many investors get caught up in the rapidly rising prices without considering their underlying value.

The alt coins which I will never consider for investment, are like LUNA, XRP  and FTX , until their legal issues are completely resolved.
Chasing the hype is one of the reasons why many people do lose money, it is very important for us to be wise and take proper strategy that would help us not to lose money anyhow in the crypto market. We can always make.monwy in the market buying different crypto tokens that are undervalued holding them for sometimes before selling out our holdings to save some money for the bull market.
It is going to be wise for us to keep buying and holding as the price of Bitcoin is set for the bull.
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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 ?

There are many Altcoins I'll never invest into them regardless of the profits or potential that they have. Xrp is one of them as I hate that project. I was a fan before but I held the coin for many years and still didn't make profit and lost the opportunity to invest into other projects that would have made me to have many profits. I also hate Cardano as I don't see anything that they're doing that's making them to be in the top 10 of coin rankings. They're taking the spot and money of other good projects.

Many altcoins are only having high trading volume due to the hype they're getting and not due to the project being a vey good project. They're just average projects with a very good marketing teams that are making the project to be trending that new investors are believing that the project are good for investing into them. Besides I won't invest into any altcoin after it have had a massive pump previously.
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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.

Your strategy to explore under-valued coins rather than chasing the hyped coins is very prudent and wise way to yield  substantial profit in the long term. Many investors get caught up in the rapidly rising prices without considering their underlying value.

The altcoins which I will never consider for investment, are like LUNA, XRP  and FTX , until their legal issues are completely resolved.
legendary
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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 ?
Meme coins.
I don't want to say this because I have a bit of bias when it comes to meme coins but on this case, I will include coins like DOGE, SHIB and other top meme coins out there.

I will not invest into them because most of them don't have any use case at all. They are very speculative that there's a high chance for me to lose my money when I bought the meme coin at a wrong time. I don't want to invest into a meme coin that's price is purely driven by hype because we know that hype goes down gradually. Meme coins for me aren't a good investment for mid to long term, and most of the meme coins for me are considered as shitcoins especially those lower market cap ones.

Well aside from meme coins, I will also never invest into new projects right now. I have this feeling that these new projects are just being created to ride the bull market and after the bull market, they will just be a dead project. I'm not saying that all though, but most and the risk on investing on these new projects are very high.
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A coin which temporarily pump remains low value after some months so investment in temporarily huge pumped coins is full of risk. There are lots of meme coins which are recently pumped but everyone is familiar that very soon this pump will turn into dump so one should be carefully choose coins instead of running towards pumped coin investment.

Sometimes speculation become wrong and if someone have made prediction about certain coin to become a worthy coin then it does not follow such prediction and people lost money. I will also don't trust new coins easily as meme coins and new coins possess huge risk with little or no reward.
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I have speculated on many altcoins since I became interested in cryptocurrency, and it rarely works out well. In most cases, I would have been better off holding Bitcoin instead. Over the years, I have decreased my altcoin investments.

I’m open-minded enough to consider anything that has the potential for profit, but I don’t see myself ever buying any memecoins. I had some Doge in the past, which mostly came from faucets, but I didn’t see any redeeming value in it, so I dumped it when it started to pump. I might’ve made more if I held it for longer, but it’s not a risk I’m willing to take. 
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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 ?
Among altcoins, I will never invest in coins that are new to the market and meme coins. In the beginning these coins can show very good pump coins that pump very fast they disappear from the market very quickly and create hype. Choosing a good altcoin to invest in will be much less risky.
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Of course it's memecoin, lord of the shitcoins, maybe some people will like memecoin but I don't. I won't be buying anything on them this bull run to maximize the investment capital I have and instead focus more on activities with more solid foundations. Bitcoin and Solana would be the coins I'm leaning towards. BTC of course cannot be ignored, but I chose Solana, because I see that every season there are outstanding networks that attract cash flow like before there was ETH, BNB and speculate that this season could be SOL. Grow your wealth through the DCA strategy and invest carefully in Bitcoin and trusted altcoins that appear to be much more reliable over the long term.
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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 would not invest in XRP even though it is likely to pump a lot in 2024. I predict XRP will pump a lot in 2024. I have seen many analysts predictions they predict XRP will make a great position in 2024 although the words are very logical still I am reluctant to go with XRP coin because developers of XRP coin can't give much security to this coin due to which this XRP coin is far ahead can't go. But despite being the top coin they are slowly disappearing from people's popularity today due to some of their mistakes.
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Investing in coins that have already started a big pump can't expect anything good. Because how much can a coin increase in a short period of time? Although there is no limit to increase or decrease, it is difficult to expect such from the normal sense. I don't have confidence in reinvesting in coins that have already pumped 20 times. Currently there are some meme coins that have increased by hundreds of times while investing in them may give me some profit but I am guaranteed to lose in the long run. I try to review some projects that haven't pumped much but have the potential to pump. Moreover, there is a possibility of price increase in all the projects which have seen price reduction for a long period of time. But investors must take risks because everything involves risk. At any  time investors may be fall in good and bad conditions due to which the investor must take risks.
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Any altcoin below the top 3 altcoins (ETH,BNB and SOL) i wont invest my money in it. These are the only altcoins i believe has potential in the world of cryptocurrency. Dont get me wrong i am not saying there are no other altcoins out there that have even more potentials than the ones i mentioned but based on statistics and the period these coins have been in the crypto space without any pumps and dump or issues from the project manager causing harm for users using the blockchain has made have strong confident to be willing to invest in them.
sr. member
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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 ?
Aside from being too expensive, they are hyped altcoins and that is more risky to deal with because once they hit the peak, we already know what comes next.

Don't ever chase the pump, it's better to wait for the right timing before you invest because you might got trap if you will buy at the peak not unless you're ready to play short. Timing is very important, not all pumped tokens are ok to deal with, just know when to get in.
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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 ?

You see that coin they call Doge coin? I have seen how fast that coin has made a lot of people rich, bought them their favorite dream house and cars(that's for people that bought early) and a lot of other things but I just can't afford to buy a dollar worth because the idea of the coin has made crypto market became a shity place, I thought we were done with ICO things until I started seeing dog things, Shiba this and Shiba that, Inu this and that and yet many people were still buying this shitcoins.

There is another they called PEPE, at some point I was seeing PEPE2.0 and I'm like, what's happening with all these shuts launching this coins and then I remembered that people don't value the project, it has never been about the projects but how they can make their money here and move to the next one. This is how we continue to liter everywhere with abandoned projects, sometimes I think exchanges need regulation but I forgot they are only after the fees and profits because they also involved in insider trading with these coins.
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Do not do anything that increases the price too fast.  Because every such coin is a scam.  Moreover, it is better not to swim in the current.  Because none of us can tell which way the current will lead.  It is never advisable to invest in coins that increase in price massively.  Also I don't trust any alt coin other than known and trusted alt coin.  Because they often pump too much in the beginning and dump at the end and people get scammed.
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Which is one altcoin you will never invest in 2024 even if it has massive pump?

Any memecoin, to be honest.
Quote
What is your reason behind this ?

A lot of memecoins get pump due to hype but it usually just happens after its initial launch and then it dies later on. I know memecoins are starting to improve on themselves but right now, most of them are still not getting past those initial hype. I probably won’t get in on a coin if it just pumped after its initial launch especially if it pumped into unrealistically high numbers.
legendary
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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 ?
Maybe bitcoin SV cause that token is not good? Haters be like. But seriously,  this is a tough question, Id really dont know maybe some shitcoins Ive seen that already pumped. Why wouldI bought a coin that is pumped already I might took chance more on a coin that is down even up to now and wait for it to recover and go back. But not all coins or tokens are worth buying especiallu when they arent much use or has no utility to be bullish about.
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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.
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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?
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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 ?
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.
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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
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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 ?
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.
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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 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.
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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.
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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.
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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 ?

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.
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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
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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 ?
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.
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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.
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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
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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.
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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 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.
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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 ?
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