Topic: Will the altcoin holders hang on until the bull run comes ? - page 2. (Read 789 times)
Altcoins will always make sense, while Bitcoin and Ethereum hold. It is logical that after a protracted bear market, a serious bull run will soon come. It is periodically viewed, and some Altcoins are not bad to pump.
I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ? What did/would you do ? Please share your opinions. By the way, I am with FireDAO team, in charge of the global community. Please contact me if you have any inquiry.
Dogecoin has become very weak. Even the logo on Twitter helped very little. Most likely you need to forget about Doge
I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ? What did/would you do ? Please share your opinions. By the way, I am with FireDAO team, in charge of the global community. Please contact me if you have any inquiry.
I'm sure everyone has experienced a condition like you are experiencing right now, and I have experienced it too. and I continue to hold the altcoins that I have until they can increase again. and yes, in the end the coin went up again in the previous bullrun. and my advice is that you better hold on to the altcoins that you have to be able to benefit in the next bullrun. and even if in the next bullrun your altcoins don't increase then it's already a risk that you have to experience real losses.
I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ? What did/would you do ? Please share your opinions. By the way, I am with FireDAO team, in charge of the global community. Please contact me if you have any inquiry.
Yes, now I understand the investment risks and try to live with them. The price fluctuation of Doge coin does not bother me now because I don’t care about that any more. All I do now is just wait for the next bull run, which I believe will come soon or later next year. I have no idea if this mindset is good enough for investment but it is the best option I can make for now.
I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ? What did/would you do ? Please share your opinions. By the way, I am with FireDAO team, in charge of the global community. Please contact me if you have any inquiry.
I think undoubtedly that there will be people holding their crypto until the bull run & beyond that, into many future bull runs. There are lots of people who think long term. People who think short term & want quick profits are usually the types who end up REKT. Patience is so important in any investment vehicle.
I agree with you, because in my opinion if you want to get a big profits from investing in cryptocurrency, then you need to invest in cryptocurrency for a long-term, but of course the risks are very big too, so before you invest in cryptocurrency, then you must be prepared for the risk of losing your money, but my advice if you want to invest in cryptocurrency safely (small risk), then it's better to invest in cryptocurrency that are in the top 10 on coinmarketcap.
I think undoubtedly that there will be people holding their crypto until the bull run & beyond that, into many future bull runs. There are lots of people who think long term. People who think short term & want quick profits are usually the types who end up REKT. Patience is so important in any investment vehicle.
I agree with you, because in my opinion if you want to get a big profits from investing in cryptocurrency, then you need to invest in cryptocurrency for a long-term, but of course the risks are very big too, so before you invest in cryptocurrency, then you must be prepared for the risk of losing your money, but my advice if you want to invest in cryptocurrency safely (small risk), then it's better to invest in cryptocurrency that are in the top 10 on coinmarketcap.
Doge on the other hand is a meme project that went up due to hype created by Elon, which means if he pumps it again then it could happen, but if he doesn't do that then it may not get that high ever again. Could it break over ATH? If he tweets about it at least once per day, then it will definitely break it without a doubt, he did that for a while back in 2021 and that's how it got so high, same could happen. But if he doesn't do anything about it, then there is no way that it could go up that high ever again.
It's just that tweets alone aren't enough anymore. Now people have already understood where these tweets are going, so his mentions don't fuel the price too much. In addition, now there is not so much liquidity in the market to pour it into all sorts of projects, like doge, so we need scale here, we need people to have another hysteria, so that Musk again bolted DOGE to some product, like buying Tesla CyberTruck for Doge, and it happened on the wave of the general bullrun, then maybe DOGE has a chance to shoot up to $1.
Absolutely. Tweets can not ensure massive support nowadays. In the open and fast digital age, everything is spreading like light yet more and more people are harder to be manipulated. Dogecoin is solely reliant on the hype created by Elon Musk and not every time works or works that well. However, I still believe Dogecoin has a chance to go through the bear market and eventually wins during the bull run.
I think honestly after over a year of bear market that we are due for a pump. I have been buying XRP, NEAR, 0xMR and I'm doing Zealy bounties to get some coins before they even list on exchanges: Q Blockchain, zkSYNC, Lamina1 etc.
Doge on the other hand is a meme project that went up due to hype created by Elon, which means if he pumps it again then it could happen, but if he doesn't do that then it may not get that high ever again. Could it break over ATH? If he tweets about it at least once per day, then it will definitely break it without a doubt, he did that for a while back in 2021 and that's how it got so high, same could happen. But if he doesn't do anything about it, then there is no way that it could go up that high ever again.
It's just that tweets alone aren't enough anymore. Now people have already understood where these tweets are going, so his mentions don't fuel the price too much. In addition, now there is not so much liquidity in the market to pour it into all sorts of projects, like doge, so we need scale here, we need people to have another hysteria, so that Musk again bolted DOGE to some product, like buying Tesla CyberTruck for Doge, and it happened on the wave of the general bullrun, then maybe DOGE has a chance to shoot up to $1.
Instead of choosing Doge as a long term investment asset by buying and holding it, then I just have to say that scalping is what is recommended. I mean, you can take advantage of the hype or FOMO to make profits as soon as you can if you've seen the value of your assets have increased, but if you're doing it for the long term then of course you have to be patient about timing and gamble with hope.
Even though I believe that at another time your investment budget may return to normal, but rest assured you still have to hope for more hype coming from Elon Musk, that's what happens to most people who invest in Doge. But you can hold and don't have to accept the loss, basically if you don't sell it then you don't lose your coins but only lose their value until you see the profit later.
Even though I believe that at another time your investment budget may return to normal, but rest assured you still have to hope for more hype coming from Elon Musk, that's what happens to most people who invest in Doge. But you can hold and don't have to accept the loss, basically if you don't sell it then you don't lose your coins but only lose their value until you see the profit later.
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I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ?
If you bought the doge coin on impulse, there is nothing to panic about. But what we often do is that we don't buy when the price of a token is low and when it goes up we buy at a higher price,And when the price goes down, we regret it. However, Doge Coin is a good coin and Elon Musk is standing behind it and there is a chance that Doge Coin may even go to one dollar in the future.It is better to hold onto it than to sit at a loss.
Because as soon as the market recovers, the Doge coin will once again appear to be moving upwards. I've bought tokens that have subsequently dropped far below their value but I've held onto them.And almost as often happens with many traders, buying at a high price makes the price go down.But the best strategy is to buy more if the price goes down.Selling at a loss can never be the right decision.
some holders may hold their coin until it's value is 0 because they believe their coin will go up during a bull run, but in reality the project is not strong when facing a bear market.
and finally suffer losses, holding altcoins can make people rich quickly and also poor instantly.
so be wise to choose a coin that you will hold.
and finally suffer losses, holding altcoins can make people rich quickly and also poor instantly.
so be wise to choose a coin that you will hold.
I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ? What did/would you do ? Please share your opinions. By the way, I am with FireDAO team, in charge of the global community. Please contact me if you have any inquiry.
I am not entirely sure the doge one is true. I mean I do think that ETH and BNB will break over ATH in a year or two, when the bull run happens, but that is eth and bnb which are the top names of course they will go up.Doge on the other hand is a meme project that went up due to hype created by Elon, which means if he pumps it again then it could happen, but if he doesn't do that then it may not get that high ever again. Could it break over ATH? If he tweets about it at least once per day, then it will definitely break it without a doubt, he did that for a while back in 2021 and that's how it got so high, same could happen. But if he doesn't do anything about it, then there is no way that it could go up that high ever again.
You shall never try to get in during the hype. You will be only ended in a big loses. This what i have learned from there. It's caused by the fact that if bbearish trend will always be coming once the bullish trend will have ended very soon.
It's likely that the bearish trend or correction will be coming soon. Im still hold my altcoins at this moment.
It's likely that the bearish trend or correction will be coming soon. Im still hold my altcoins at this moment.
Most of the altcoins that's good are gonna be hang on until bull run comes, you could easily see whether they could hang on by simply looking at their trading volume, meanwhile those that don't are usually have really low trading volume and they are actually in the brink of getting delisted, Some meme coin, even majority of them which are mostly are bad, are gonna be losing their trading volume big time and eventually turning into dust, getting delisted and all, meanwhile coin with real utility like matic, solana, you just never think it's gonna be delisted some day, their blockchain have so many smart contract that quite literally help increase traffic of their chain.
Therefore only coin with utility and real use case will hold on, some meme coin may hold on but very few of them that already have big user base.
Therefore only coin with utility and real use case will hold on, some meme coin may hold on but very few of them that already have big user base.
In the short-term, it might not be that bad since you're actively watching on your investment anyway and you might consider selling it any day due to the hypes. There are number of people, if not many, that are investing in the long-term and the hypes might not prove an advantage for them. I understand that people still remember how Musk like manipulated the market back then and Bitcoin even went past its supposed to be ATH back in 2017, but I would definitely rely on hype. There are tons of what-ifs for me if I invested due to hypes. This is the reason I tend to avoid meme coins.
I am one of those people and I hold coins that I hold for the long term and not for anytime soon. I like holding them for a long time and imagine that if I can do what I do then maybe I could hold them for 10+ years, not sure if I can because life throws challenges at you all the time, but if I can hold it like that then I would be happy about it and that is what I should be focusing on if I could hopefully do that.All in all the best thing about the current situation is I could possibly focus on how I could make my own income better and that can only happen if I ignore others and what they say, and I could hold as long as it is, hype is people talking, too many people maybe, but I just ignore them if I can.
I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ? What did/would you do ? Please share your opinions. By the way, I am with FireDAO team, in charge of the global community. Please contact me if you have any inquiry.
Seems like you made one of the oldest mistakes in the crypto space because you did not follow the advice "buy the rumor, sell the news", which basically means that as soon as the logo of twitter was already changed to the Dogecoin symbol, it was basically already to late to invest because the price already shot up. So if you have not bought within the first few minutes when this happened you basically have bought Doge at a way to high price, because it was pretty predictable, that this would only be a temporary thing and that the Dogecoin pump would therefore also only be a thing for a few days at max.
I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ? What did/would you do ?
I am also holding bags of different altcoins and all of them are in a loss. Now there is no point in selling them at a loss. Since Bitcoin halving is around a year's time and then we may have another bull run and we might get a chance to sell those coins in break even or in profits. So I would suggest holding the altcoins with patience.
Also i learned the lesson well not holding the altcoin to gain a lot of profit and better exit once you get some reasonable profit. Holding altcoins for the long term is like holding them for loss. We should only hold bitcoin and Ethereum for the long term.
Many people are making huge profits by investing in Dogecoin and many people are falling into huge losses. Since you bought dogecoin at a very high price, hold now without selling and you have no other option. Keep waiting for Elon Musk to change the logo of Twitter and use the logo of Doge coin again or until the next bullrun.
I think it would be wiser to sell and get out, that would make a lot more sense. Too many people are looking at doge as something to make profit from when the hype happens but it is a risk to just wait for the hype. I think it is better to invest into something that will grow naturally and not this way.This is a fake increase that is done by Elon musk and that is not something you should be hoping for or waiting for. Sell whatever you have even if you lost money, and buy something else with it. You may think that's a loss, but it is better to wait for a recovery in something else than waiting for it at doge. I know plenty of people are not entirely sure what they should be doing about doge, but that doesn't mean they should hold it.
Cryptocurrency is a manipulative market, including bitcoin, you cannot expect something to grow naturally in a small and new market like crypto. I agree that investing in altcoins, especially meme projects is very risky, but as long as someone is willing to take the risk, they can invest in them. Although many people have lost money because of doge, there are also many people who have become rich because of doge, you should not deny that. No one thought doge could hit $0.9 in 2021, but those who believed in it got the reward it deserved. So putting a little money in the doge and expecting the unexpected isn't as bad as you might think.
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