Post
Topic
Board Altcoin Discussion
Re: Be careful what you choose to invest in now, not all coins will recover.
by
SacriFries11
on 11/10/2021, 14:07:19 UTC
The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.

The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.

I thought that Buy Low Sell High is easy. But I a problem with when to enter and exit the market, as well as what coin I must invest. Then there was a coin that from a very low price it pumps really good with a really good price just like some meme coin today. I got by this coin so I invested. Then I decided to farm it. That was 2017, bitcoin almost reached $20k but did not happened. It instead goes down so altcoins followed. The coin I invested becomes priceless and became unlisted. With lesson, I prefer to invest in popular coins like eth and btc. For some nft games, I assurance first like knowing that my friend is really making out of it.